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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (July 29, 1900)
IS THE SUNDAY OREGCOTAN, PORTLAOT", JULY 29, 1900. COMMERCIAL AND FJN ANtf A;L. HEWS Oats-Gray, tll0&l); red, H2f 122H. .Call board sales: oats, centals, .3000; oats, Oregon, 50; com. NEWJORKSTQQK MARKET i Wheat Steady; Decernbar, 8L 13; jsh, f centals, , ; potatoes, .sacic,v&U9; bran, sacks, 4&66; middlings sa'clis, 3JP; iay, bales. UiiwboX ales,, ildes 229. Iflie last week of the Midsummer month paened away with a fairly good trade In all, lines, and with a decided Improve--arjent over the corresponding week last ysar. Despite the fact that wool and -ariieat. two of Oregon's greatest staples, re not moving as freely as the quan Ttlty on hand would seem to warrant, there Is -unusual life In the trad6. situa tion. There is a greater demand for labor than ever before, and the highest wages Are paid, thus placing In circulation a great deal of money that rapidly finds its way into all channels of trade. The salmon run at the mouth of the river has assumed big proportions during the past iortnlght, and if It continues good will "bring the pack up In very satisfactory proportions, while the price paid for the raw material will amount In the aggre gate to a greater 'sum than has ever be fore been disbursed by this industry. The logging business shows signs of being slightly overdone, and some of the camps are closing down. In prices there navo been but few changes during the week. Wheat has held pretty steady throughout, wlthi very light transactions. A few lots of -wool have changed hands, but there is nothing like a general sell ing movement. Butter, which was marked up 5c per roll about a Week ago, is still holding; at the advance, but Is trembling, and.' some dealers are predict ing a decline o 40c. and possibly lower, as Eastern butter Is now coming to the Coast and is 'driving Portland merchants out of some of the markets where they found a good, ilold for disposing of. tho surplus. Eggs are also easier on ac count of increasing receipts and a mod erate demand, there being so much fruit in the market that there is less call for more substantial food, although pork and veal continue Arm at the top prices of the season. Groceries rrmalnflrm at unchanged -quotations. Fruit Is weaker, and receipts have been so heavy that the market would not clean up except at lower prices. Melons still sen well, the weather this season being admirably adapted far their sale. WHEAT-Most of the wheat exporters are out oi the city,, taking advantage of the dull Reason to enioy a brief vacation. There is something over 1,000.600 bushels of whea on spot, and no more than enough, tonnage due, within tho next 30 days to, handle it. so that t&ere Is no pressing need or vigorous rustling to se cure the cereal. At the same Urns, there are buyers who are ready to do business on an. export basis, figuring ships at the currrmt rate of 45s. On this freight rate thej are quoting 5455c for Walla Walla, and about the same for Valley, and srJes have been made during the week A high as 67c, with reports from tho Interior that an occasional warehouse "scrap" had run the price up abovo that figure. Tho strike among the wheat "handlers on the docks in this city has caused very light shipments for the lat ter half of the month, which started in tinder most favorable circumstances. The difficulty has not been entirely ad Justed yet, but will be settled In plenty of time for the new crop, which has not yet commenced to move. Threshing returns in some sections are lardly up to expectations, but in some cases this Is due to farmers placing their estimates higher than conditions war ranted, and not to any recent deteriora tion In the crop, which has never ma tured under more favorable circum stances. Tho Valley Is, of course, under the ban, but Is generaly credited with two-thirds of an average crop, although some operators think that It will -not turn oft more than half a crop. Freights are still holding at high figures nothing obtainable at present for less than 45s zor this year, and as high as 38s && asked for 4000-ton carriers for April, 1301. HOPS The only activity In -the hop Tnarket at the present time is in new crop contracting, and from the way this business 'is starting in there will not be much liriblllty of growers going through another such an experience as they had with the association last year. New crop contracting has been reported at rates ranging from THc to 10c Among the contracts made by Hans C Wahl be,Tg, of this city, during the past week a.-e: Thomas Oliver, of Woodland, Wash., 30.000 pounds at 9c; C P. Krueger, Mld dleton. Or., 9000 pounds at 9c; M. C. Reetz, Middleton, Or., EO0O pounds at 9c; George Schneller, Charleston, Or., 15,000 pounds at 9&c; G. C. Schneller, Bher wood. Or., 5000 pounds at 9&c; C. Klser, 3uxtevllle. Or., 12,000 pounds at 9&c: Amos Harrington, Highland, Or., 5000 pounds at 9c; W. A. MelUnger, Dayton. On., SOOO pounds at 9c: Mrs. J. B. V. Nash, Dundee, Or., 4000 pounds at 9c; Jofan L.entz, McKee, Or., 12,000 pounds at So. From present appearances there will be some very choice hops produced in Ore Son, but there is also a number of fields that will turn oft a very poor graSo of stock. The yield, good, bad and in different, will probably fall, much below that of last year. PORTLAXD MARKETS. Grain. Flour, Etc. "Wheat "Walla Walla, nominal, G3ff56e: Val ley. C350c; bluostem, 5859c per buihel. nour Best erodes. $2 83 0 3 20; sraham, 52 00 per barrel. Oats White. 333c: cray. 32333e per buabel. Barley Fee4. $1415; brewlcr. $10 per Joa. MlllBtuffs Bran. $12 CO per ton; mldallnr", $19; short. S13; chop. $14. , Hay Tlmotby. $10ffll; clover, $707 50; Or. ton wild hay. $6T per ton. Batter, Euro, Poultry, Etc. Butter Fancy creamery, -weak at 4043c; store. 25?27c tper roll. Egffs l"17c per dozen. Poultry ChleJosn. mixed, $33'S0 Pr dox cn; hens. $4fi; Springs. $2 504; durtca, $J 4; reese, Jlffli per dozen; turkeys, 10017c per pound. Cheese Full cream, twins, 12018o; Tounc America, 14c per pound. Vejw tnblea, Fruit, Etc. Vegetables -?arrntps, $1; carrots, 7Bc0$I; turnips. 75c per sack; onions, $1 85 tor red, $1 CO tor sllvf-aklns; cabbage. $1 00 per cental; potatoes, 40g50c per sack for old, 60G0c for new; peas. 34e; beans, 67c per pound; cu cumbers, GOSCk;; tomatoes, 75c per box. Fruit Lemoiis. $4 SO&5; oranges. $3 50Q,4 per box for latti Talendas; pineapples, $4 C03 per dozen. Imnaaas. $2 C0S3 per bunch; Ter tian dates. 3U-So per pound; peaches, 4050c for Hale's J&irty, 50S0c for California Craw . ford, pears. O0e$l per box; apricots, &0C5o; apples. Toe 1 per box; raspberries. 5c; black berries, 34c per pound; watermelons, $2 25 2 50; cantaoupes. $1 251 CO per dozen for California. Creg-on nutmegs, $2 753 per crate. Dried fniit Apples, evaporated. 78c per pound, ftUDf-driwI. sacks or boxes. 40c; pear, aun and vaporated. sgfte; plums, pltlets, 4S 6c; prurfcs. Italian, 3&5c: silver. xtra choice. 5 pCc; flea. Smyrna, 22e; California black. 5glc: do white. 10c per pound. Groceries, net, Ete. Coff ee f ocha, 232Sc; Java, fancy. 2G4?32ct Java, ircod. 20S24c: Java, ordinary. 18C20c: CoSta Bl ift. fancy, 18320c; do sood. 1018c: do ordinary, 1012e per pound; Columbia, roast. $18 C3; Axbucklo'i, $15 13; Lien, $13 C3 per case. Sugar Cube, $0 30; crushed, $0 30; pow dered, .'y& 30; cry granulated, $3 80; extra C, $5 30, gMden C, $5 20 net; half barrels, o ihore than b'tfrele; maple, surar, I510c per pound. Beans Small wblt. Sftc; bayou, 4c; Lists. Copper pound. .. . Salmon Columbia River. 1-pound tails, $1 S3 01 00: 2-pound tall. $22 50; fancy, 4-pound flats. $1 65"1 75; pound fancy flats, 85Qi5c; Alaska. 1-pound tails, $1 2031 SO; 2-pound tails, $1002 23. Grain baes- Calcutta. $3 374 per ZOO for epot. Nuts Peanuts. G7e per pound for raw, 08 for roasted; ocoanuts, 80c per dozen; walnuts, 10lle per pound, pine nuts, 15c. hickory nuts, 7c; cheatnuts. 15c; Brazil, lie; alberta. 15c; fancy pecans 12914c; almond, l&glTHo per pound. Coal oil Cases, 21& per tultox; barrels, iTc; tankc. 15c Klce Island, G&c; Japan, 5o: New Orleans, 4c; fancy head. $7Q7 50 per tack. Heat nl Provlaloaa. Mutton Gross, best sheep, wethers ana ewes, sheared, $3 503 75; dressed. 7THc per pcund; Spring lambs; 5?5Hc per pound sroas. Hoys Gross, choice heavy. $3; llfht, $4 50; dressed, 5QD&C per pound. Veal Large, 7150 per pound; email, '8H3 0c Beef Gross, top ateers, $3 504; cows, $39 3 50; dressed bef, G0c per pound. Prolslons Portland pack (Shield brand): Hams, smoked, are quoted at 13c per pound; picnic bams, 0Ho per pound; breakfast bacon. 13c; bacon. O&c; backs, &Hc; dry salt sides, 8c; dried beef, 17ttc per pound; lard, 5-pound palls, 10c; 10 -pound palls, oe; &0s, O-c; tierces, OHc per pound. Eastern Pck (Ham mon'd's: Hams, large, I2c; medium, 13c; small, 13c; picnic hams, OVkc shoulders, 8c; breakfast bacon, 124c: dry < sides, 6ViO GMfi. bacon aides, OIOc; backs, 0c; butts, &c; lard, pure leaf, kettle rendered, Cs. IOUjC, 10s, 1054c Hops, "Wool, Hides, Eta. Hops 2Sc per pound. Wool Valley. 12Q130 for co&rn, 15010a for best; Eastern Oregon. ICIOc; mohair, 25o per pound. Sheepskins Shearlings. 13&20c; short-wocL 23 &33c; medium-Wool, 30350c; long-WOol. OOc0$l each. Pelts Bearskins, eech, as to slse, $5015; cubs, each, $15, badger, each, 50c; wildcat, 2575c; houaccat, 5t25c; fox, common gray, 40c&$l; do red, $1 7C-Q8 50; do cross, $2 50tl; lynx, $2$4 50; mink. 40cG$l 75; tnartca. dark Northern, $5&10; do pale, pine, $2Q4; musk rat. S & 12c; skunk, 50340c; otter (land), 54. QS; panther, vlth head and claws perfectr $13; raccoon, 25JT0o; wolf, mountain, with head perfect. $3 50 9 5; wolverine, $2 5OQ0; beaver, per akin, large, $07; do medium, per skin, 4ftf2; do small, per akin. $12, do kits, per skin $lir&. Tallow 65Hc; No. 2 and greaaa SHO-4C per pound. Hides Dry hides. No. 1, 10 pounds and up ward, 1415o; dry kip. No. 1, 6 to 16 pounds, 15c per pound; dry calf, No. 1, under 6 pounds, ;.tfio, aij waited, one-third leu than diy flint; salted hldos, tound steers, 00 pounds and over, 78c; do 50 to 60 pounds, 7c; do un der 50 pounds and cows, 7c; kip, 13 to 30 pounds. THtf&c; do veal, 10 to M pounds, 7c; do calf, under 10 pounds, 7Jc! green (unsalted), la per pound less; culls (bulls, stags, moth eaten, badly cut, scored hair slipped, weather beaten or grubby), one-third ltvs. KEW YORK STOCKS AND BOXDS. Closing; Prices of the Principal Wall-Street Securities. BONDS. U. S. 2s, ref. reg.l04HGen. Electric 5s. ..117 do coupon I04fei N. T. Cent. Ists...l0 do 2s. reg 100 Notthern Pac 3s.. 66Vi do 3s. re 100?J do 4s 104 do coupon ......HOJilOregon Nav. Ists..l09 do now 4b, reg..l82 do 4s 102; do coupon lSSIOregon S. Ifc 0s...l2S do old -is, reg...lJ5?4J do con. 5s Ill do coupon ..w..H5Rlo Gr. West, lots 03V4 do 5s. reg lUJai St. Paul consols. ..lCttU do coupon ...... H44j St. P. a & P. lsullOVfc DIst. CoL 3-C5S..123 do 6e 118 Atchison adj. 4.. b3lUnIon Paclflc 4fl..l05Vt a,&,JJSV-c?n- TsKlhiWls. Central lsts. 87T raor.deb- Cs.l20Vii Southern Paclllc 4s 704 P. & R. G. Ista...l02 I West Shore 4s 112 do 4s T STOCKS. The total sales of stocks today were 88,000 shares. Tho closing quotations were: Atchison 26& Union Pac ef... 75 a oo prer eo Bait. & Ohio..... 74; Can. Pacific 87; Wabash do pref lfiu WheeL & L. E.... 6T4 Can. Southern ... 48Vi Ches. & Ohio 26 do 2d nref MU. Wis. Central ..... 14 vjni. ur. western. 11 CM., B. &. Q 12 Chi., Ind. & L... 22 do pref &f Chi. &, East. 111. t5 Chicago & N. W..15S P. C. C. & St. L.. 53 Third Avenue 110 EXPRESS GO'S. Adams ......123 American 153 united states ..... 45 Wells-Fargo 122 M1SCELL AN EOUfe Amer. Cotton Oil.. 34 ChL. R. I. & P..1O0V4 Colo. Southern .. a do 1st prat. 41 ao prer ssu uo a prei...... 10 DeU &. Hudson.. ..Ill Amer. Malting ... su do nref .t... inu DeL, Lack. & AV..177H Denver & Rio Gr. 17 Amer. Smelt. & R. 85U ao prer 87 Amer. Spirits 1U do pref 17 Amer. Steel Hoop. 10U do pref 07 Amor. Steel el W. 34U do pref ....... . 73 Amer. Tin Plate. ,. 21 Erie log do 1st pref...... S2 Great North, pref.152 Hocking Coal .... 14 Hocking Valley .. 84 Illinois Central ...11W xowa central ... 20 do pref 47 Kan. C . P. & Q.. id Lake Erie -& W... 20 do pref ........ 00 Lake Shore 210 do tiref tbZ Amer. Tobacco .., 7 do pref 128 Anaconda Mln. Co. 42 Brooklyn R. T 5SI Colo. Fuel & Trrtn. Mi Louis. & Nash.... 70 Cont. Tobacco .... 25 xaannaxian El Met. St Ry.. M. Central . o1 ao prer 70 Federal Steel 33 do Prf 05 Gen. Electric 123 Glucose Sugar .... 52 do pref 100 Int. Paper ........ 23 do pref 65 La Clede Gas 74 National Biscuit .. S5T4 do pref 85 National Lead .... 10 do pref 40 National Steel .... 24 do pref ga N. Y. Air Brako...l30 North American .. 15 Pacific Coast 53 do 1st pref S4 do 2d pref C3 Pacific Mall 30 People's Gas ..... 09 Prejwwi steel Car. 41 do pref 71 Pullman Pal. Car.183 Stand. Ropo & T.. 6 ugar 124 do prof no Tenn. Coal & Iron. 70 U S. leather 10 do pref iis U S. Rubber 24' do pref 02 Wertrn Union ... 70ft Republic Iron &. 11 ..156H Minn. & SU Louis 58 do pref 33 7S Mbuourl Paalflo .. 50 iaooiie ec unio.... SS M.. K. & T 10 do nref ana: Now Jersey Cent..l28i! in lurt veni...ia Norfolk & West.. 33 do Dref .. 7B Northern Pacific.. 60 ao prer 71 j. tu et r........ 42 do nref 78 Pennsylvania ....128-' .Kenning ia do lrt pref...... COH do 2d pref SSVj Rio Gr. Western.. 50 do prof GO ; St. Louis & S. P. 0 do 1st pref...... G7 do 2d pref 82ft tL iouis & a. w. in do pref 20 St Paul 111V do pref 170H ru i-auf e j ....no Swjthern Paclllc.. 33V Southern Ry 10 do pref 62 Texas & Pacific... l'34l Union Pacific .... 579j uo prei ......... &3 Offered. TH33 GRAIN JtATlKETS. Price for Cereal In European, and American Porta. BAN FRANCIBCO, July ffi. Wheat stoady, both on and off call. Barley, futures quiet; spot barley, firm. Oats, firm. Spot quotations were: Wheat Shipping, No. 1, $1 05: choice. $106; milling, $1 101 12U. Barley Feed, 72788ic;" brewing, 85 90c. CULLISON&C Board of Trade and -Stock Exchange Brokers GRAIN PROVISIONS STOCKSand COTTON BOUGHT AND SOLO FOR CASH OR CARRIED ON MARGINS 214-215 -Chamber of Commerce , . Portland, Oreaon Barley Quiet; December, 77Hc " Corn Largo, yellow, Jl 17it31 20. . Chicnjfo Grain. and Prodncts. CHICAGO, July 28. Liverpool turned .a. ieaf ear to the bulye hero yeaterdayrand dished out disappointment to local hold ers by closing: d lowar to Hd higher. Paris vras also lower and tho weather favorable, September opened $?$4o lower, at 7&iTEc, and for a timo fluc tuated between TSJio and 76c, business being of a quiet order. Northwest re ports Taxied. Bomo were as bullish as they Were when tho drought was on, while others predicted crops almost dou ble the more gioomy estimates. An hour before the closo holders became discouraged and began selling. The out side demand was very slack, and there was no hope to be drawn from tho cash business. September tumbled down to 73c and closed, weak, lHo lowor. at 75Vlc Corn was quiet, but compared with wheat tho market showed considerable firmness. Liverpool Was a disappoint ment. September closed steady, "Uc un der yesterday, at 38c Oats were lower In sympathy with wheat, September closing 4c under yesterday, at 2c Provisions were quiet and easy. The market, opened firm, because hog re ceipts here and In tho West were light, and because the roark6t at" the yards showed an advance. Hogs later eased off, traders ln hog products sold mod erately, and packers did very little buy ing, all of which cost the market Its early bulge -and more too. September pork closed 20e lower, lard E7i4c down, and rlbs-7c-rodueed. - , Tho leading futures ranged as follows: WHEAT. Opening. Highest. Ixawent. CK'U July 0 74 0 74T $0 7?U I0 7-4U AuffUit 75 70 74 74 73 September ... 76 70 CORN. 7& July 3874 J Aujrast SS 3: September ... 38r 33 1 OATS. Julr 21 22 August ...... 22 22 21 22 22 22 22 . 22J4 September 4.. ZZ MESS PORK. July ....- .. September ...1107- 12 00 LARD. 11 u 11 73 1170 1175 July 672 075 070 6 70 September ...077 077 0 75 0 75 October 0fi2 OSS 077 6774 SHORT RIBS. Julr W5 September ... 7 02 7 05 C'02 0 95 Ootober 7 00 7 00 0 00 0 02 Cash quotations were as follows: Flour Winter wheat patents, $364; Spring wheat specials, 4 CO; patents, $3 70410; bakers, 12 303 CO; rye flour, 2 G02 70. No. 3 Spring wheat, 69S73c; No. 2 red. No. 2 corn. S9c; No. 2 yellow, 33C. No. 2 oats, 29c; No. 2 white, 24&c; No. 3 white, 24c No. 2 rye. 51Q52Sic Fair to choice malting barley, 4034dC. No. 1 flax seed, (1 50. Prime timothy seed. $2 253 15. ' Mess pork, per barrel, fU 75011 80. Lard, per 100 pounds, ?6 726 77. Short ribs, sides (loose), 5 K7 20. Dry salted shoulders (boxed). 67c Short clear sides (boxed). 57 w&t 50. Whiskey, basis of high wines, $1 23. Clover, contract grade, $S. On the Produce Exchange today, the butter market was firm. Creamery. 15 19c; dairy. H17c Cheese, weak, S 10c. Eggs, steady; fresh, Hc RAcelita. Sblpm. Flour, ban-els 15.400 " TVheat. bushes .... IV"-Z" ?i'OS Corn, bushels 305.200 3.000 Oats, bushels lsn.000 Rye. bushela .. 5.500 2S3.000 26.000 11,100 Barley, bushels 3.000 JfeTV Torlc Grnln and Produce. NEW TORK, July 28. Flour Receipts, 1B.218 barrels; exports, 15.2S3 barrels. Market dull. Minnesota patent, U 15i 50; winter straights, ?3 SofJ 80. Wheat Receipts. 70,300 bushels; ex ports. C4.717 bushels. Spot, easy. No. 2 red. 827c f. o. b. Options opened at Options were generally depressed dur ing the afternoon, under disappointing English cables, favorable crop 'news and further liquidation. The close was weak at c net decline. Sales Included: July. 81rgS3: closed Slicf September, S0c; December, 81c Wool Steady. Hops Dull. ' European- Grain Hnrlceis. LONDON, July 2S. Wheat cargoes on passage, firmer tendency; country mar kets quiet LIVERPOOL, July 28. Wheat, firm; ,No. 1 standard California, Ss 2d; wheit in Paris, firm; flour in Paris, steady; French country markets, quiet. Wheat Spot, steady; No. 2 Western Winter, 6s 2d; No. 1 Northern Spring, 6s 3d; No. 1 California, 6s ldCs 2d. Futures, steady; July, nominal: September, 6s ld; De cember, 6s 2d. Corn Spot, steady; American -mixed new, Ss HVid; do old, 3s Hd. Futures, quiet; September, 3s Hd; November, is d. Flour St. Louis Winter, dull; Ss. DAILY GRAIN QUOTATIONS. Restraining Order Issued Asatnst Intprmptlnir the Service. CHICAGO. July 23. On the petition of the Central Stock and Grain Exchange of Chicago, Judge Bishop today Issued an order temporarily restraining the Board of Trade from cutting off its market-quotation service or from entering Into any combination or contract wth tho tele greph companies which will restrict the general public from getting the quota tions. The Injunction Is hroad enough, It is asserted, to prevent the board from in terfering in any way with tho Western Union Telograph Company In gathering and distributing the market reports to the present subscribers of 1ho telegraph com pany's market service. In Its complaint the Central Stoqk and Grain Exchange says that, should the market reports be cut off. the. petitioners business would be greatly Injured. ii - . SAN FRANCISCO MARKETS. SAN FHANCrSCoT July 23. Wool Spring Nevada, 1315c: Eastern Oregon. 10l5c; Valley Oregon, lS20e: Fall North ern mountain, 1012c mountain, SfclOc; plains', SglOc; Humboldt and Mendocino. 1314c Hops Crop of 1889, ll13c. fMillstuffs Middlings, $1720; bran, $12 50 G13 SO pen ton. Hay Wheat. S12; wheat and oat. JS 11: best barley, 50; alfalfa, JStfT 5n; stock, $56 50; compressed wheat, 5S12 per ton; straw, 25037c per bale. Potatoes River Burbanks1, SK?C5c: Early Hose", 3037Sc per cental; streets, 2$jftuc per pound. " . Vegetables Onions, SOcfSl 10 per cental; earlic. 23c; green peas, 2tJ3c per pound; beans. l3c; dried okra, 324e per pound; egg plant, S10c per pound; cu cumbers, 2060c per box. j Citrus fruit-Omnges., navels, J2 4; Mexican limes, 66 50; common California lemons, Jl 252 25; choice, 52 503 50 per box. Bananas Per bunch, 11 502 50. Butter Fancy creamery, 20c; do sec onds, 1718e; fancy dairy, 39lse; do sec onds, 1516c. Cheese Ameriean. nA. oujanhn -r. pound; Toung America, 9410c; Eastern, iuWtlC. EgKS fitOre. 15?17r? fhnrv rnm)i 1m Eastern, 1617c ' Poultry Turkeys, gobblers, &10c; do hens, lOgllc per pound; old roosters, 53 CO w per aozen; jrountf roosters, . W WfV; small broilcrsi. $1 ixzf fn' im a 3e0; frj-ers. $3 50j?4 50; hens, UQA SC per dozen; geese, Jll 25 per pair. Receipts Flour, quarter sacks, 12.J39; wheat, cohtals, Ctoo; barley, centals, 18 SAN JOSE .SCALE Germany No Longer Flairs the Fruit Pftst WASHINGTON. July 21 Th6 fruit growers of California will bfr glad to know that among" the good results of the late diplomatic agreement with Germany, Is the removal of the vexatious inspec tion of dried and evaporated fruit ex ported from the United States. These fruits will hereafter be tdmited into Germany aB formerly, without inspection on acount of the San Jose ficalc. It has required two years of earnest work on the part of the State Department to con vince the German Government that the danger 'from San JOse scale In American fruit was purely fanciful. The depart ment was seconded in its efforts 'by sdme of the leading German -boards of trade and it was Anally established, beyond con fraventlon that' tho Boh Jose "scale; 'even If prejent tn American fruit originally, soon dies, and1 always Is Inert and harm less before it crosses tho -ocean. Eastern Livestock. CHICAGO, July , . 23. Cattle Receipts, 10X Nominally steady. Natives Good to prime steers, SS 152"5 S3: poor to medium, K 8$5 3D; selected feeders, steady, H 00 4 G5; mixed stockera, J3.0&33 50; cows, J3 00S4 70; heifers, $3 255 15; cannors, 12 2502 SO; hulls, J3 K34 Co; calves, SS 50$ 7 DO. Texans Toxas fed steers, $4 40 5 15; Texas grass teers, S3 254 25; Texas hulls. J4 5025 50 Hogs Receipts today, 10.000; tomorrow, 27,000 (estimated); left over, 3000. Active; mostly 10e higher. Top, 45 A2&X mixd-and butchers, S5 1505 40; good to choice heivy. oir&4ai4: rougn Heavy, ,S5 O0g512; light, J5 2005 40; bulk of sales, S3 2535 35. auvKtr xvcucjjjlh, ivw; sneep ana umas, steady. Good to choice wethers, S4 15 4 50: fair to choice mlxwl.. M 2ft4 1ft? Western sheep, H 002'4 40; Texas sheep. 3 OKS't ), native lambs, H 0g 00; West ern lambs, 15 006 00. Cotton Mnrlceta. NEW XORK, July 23. Tho market for cotton futures opened -quiet and easy with prices 5 to G points lower and dis played a feeble undertone throughout the day.- .The -market -closed 'quiet with prices net 5 to 7 points lower. Coffee anil- Snfcnr'. NEW YORK. Jury 2S.-rCoffeo options, quiet, with prices net unchanged to 5 points lower. Sales, 5750 bags. Including October, S8 15: November, SS JO; Decem ber, S3 25; January, S3 45; 4March, SS 552) 8 55. Spot Rio, steady; No. 7 invoice, Sc; mild, quiet; Cordova 913c Sugar Raw, strong; fair' refining, 42 41S-32c; centrifugal OS test, 4 23-32c; re fined, firm; granulated. S5 10; cut loaf, 5GM. London Hop Market. LIVERPOOL, July 28. Hops at London, Pacific Coast, steady, 2 16si3 15s, WORSE THAI' Ilf. 1896. One Paper's Vlevr of the Menace of Bryantsm. United States Investor. This paper opposed Mr. Bryan with con siderable ardor in 1S96, and it proposes to pursue a similar policy In lSOO. Nothlhg his occurred in the last four" years to In crease our regard for the Trial); but much has taken place to intensify our repug nance to him as a presidential possibil ity. Owing-to the fact that a great polit ical party has nominated him for the Presidency, it is necessary to take Bryin seriously. On the ground of his Individ ual merits It would be impossible to so take him. His nomination emphasizes the chief defect of Democracy- Under this particular form of government tho best men are seldom selected as rulers, though It will be generally agreed that the great" est happiness of the. "rnce is to be found In self-government, even if this falls to secure tho fittest men for office. The weakness of Democracy Isin the fact that, far from securing .strong men as public functionaries. It is often In danger of delegating authority to absolute in competenjbCls this shortcoming that the nomination at Kansas City exempli fies. It Is futile to expect that a democ racy will always pick its. rulers from among' statesmen. We musb be prepared to see our high places "filled by men of only average ability, and? often by men of less than mediocre attainments. That is a spectacle which need excite no lively feelings of shame. Butwhen a great po litical party deliberately chooses as Its leader a man of Bryan's caliber, there is every reason why a cry of dismay should go up from tho length and breadth of the land. How are the mighty fallen! Is It be cause there is not a man in ihe Demo cratic party that Itiiastd elect a child as its standard-beareM - Once there were giants In tfie land, ana though we do not now clamc for a -sap of Anak In the Presidential- chair, American manhood at least demands that this people shall not be committed to the charge of an infantile mind. No language could bo strong .enough to denounce such an act as the nomination of Bryan. The man should be condemned to oblivion for the polled which he has advocated In the last four years, but his actual words and dee'ds constitute the ""minor portion of his of fense. The objectionable feature is tho man himself. Amiable and upright as he no doubt is In his -private relations, Mr. Bryan possesses most of the quali ties that are abhorrent in a.public leader. It is. Impossible to gather grapes from thorns, and it is likewise out of the ques tion to expect wisdom from, Bryan. His defects are congenital. There Is a kind of crudeness and immaturity which age and experience will cure, but Bryan's is not of that kind. His "greenness" is not that of youth and lack of training; it is that of a shallow nature. It Is our desire to Bay nothing that Is not amiable regard ing Mr. Bryan, consequently we refrain from using expressions which would ade quately express our Idea of his character and attainments. Suffice to say that tho Republic has certainly fallen on evil days when a man of this stamp is seriously put forward as the exponent of our high est statesmanship. We have Tiot the. slightest fear that Mr. Bryan will, ever be President of tho United States, but It is nevermeiess a fact that he , will re ceive several million votes,, and this Is almost-enough to cause all who love their country to exclaim, "Jchaptsd! the -glory ,has '.doparted." ,. Discovered by Small Telescopes. Boston Globe, t , '. It is more often than not that the smal ler telescope atartle us with the sudden discovery of some new celestial body. Indeed, the instrument by which the Ger man astronomer recently discovered the new planet Eros at the Urania Observa tory, in Berlin, cannot be. described as one of the gigantic ones. Before, the dis covery of Eros the nearest planet to tho earth was Venus, which at certain times Approached x our globerto within '25,000;000 miles. Eros, however,. oUr-neirest-neigh-bor in space, is About 13,-000.000 miles dis nw "lth only a "Ch refractor Dr. Swift has also discovered some 'eight comets at the Lowe .Observatory. t Tne French Silk Industry. Consul J. CV" Covert. Tho Romans established works In Lyons,' France, in the third century A. D. for the manufacture of cloth of gold and silver, but every vestige of these was swept away by Northern invasions. Tho present silk industry was brought from Italy and Spain and the Lovant about the year 146S, under tho fostering caraof Louis XI. Jt Is recorded tha,t five aunes,0f slHcat that tlmo cost from 300 10 -vxi irancs. or rrora 48 to. 60 francs (SO 26 to $11 58,,p$r yard, money then be ing worth about four times its present value. PROFESSIONALS . POWERLESS TO PREVENT SaiALL NET LOSSES. Only Specialties Influenced by Indi vidual Causes, Show Muck Ac tivity Banlc Statement. NEW YORK, July 23, There was al most nothing In tho days stock market to Interest any one outside of the small cir cle of professional operators in stocks who conducted all the business. Prices advanced in the first hour, and declined of ter tho appearance of tho unexpectedly Btrong bank statement. Small net losses was the rule as a consequence. The featuro was a perpendicular drop of 3 points In Sugar, after an opening ad vance of ?. The reason assigned was a rumor of a strike in one of the com pany's refineries. The rumor was- de nied without materially strengthening the stock. Selling orders to stop losses on the long side wero discovered at the decline, and the raid ,on tho stock was doubtless made with- the purpose of dis lodging these orders. The bears were content to take their profits, and the stock quieted down. Brooklyn Transit was bid up on continued rumors of a good agricultural report, and Burlington TTOB bought on the belief that the June report would show net earnings that would compare favorably with those of other roads. The- selling after the bank statement seemed to -be realizing, and was based on the supposition that shorts would cover on the good bank statement, but there did not seem to bo any shorts, and the market sagged off to the low point of the momlng. The closing was heavy. A recovery In sterling exchange in Paris to the high point of the week, and a sharp rise in Berlin discounts, wero the features of the day bearing on tho question of gold exports next week. Tho bull Interest in the stock market dem onstrated to their own satisfaction early In the week that their campaign, while easily successful In advancing prices, was entirely abortive in Inviting any out side demand for stocks. It was easy to bid up prices, as there was no large selling, but thero was practically no de mand outside of thai from the profes sionals themselves. When they attempted to sell to raise any price, prices quickly broke back to where the professional buying had started them. The decline was even easier than the advance, with buying by shorts who were forced to cover on the advance was no longer an element. The inertness of the market on any rally shows that the bears have but scant short lines. With their phort In terest lessened, and with the long in terest which has been unable to secure profits increased, the technical condition of the market is distinctly weakened. Since the professional attempt to ad vance prices has been abandoned, they have settled back to a lower level on a diminishing scalo of activity, which has progressed near to stagnation. Only those stocks among the specialties which have been influenced by Individual causes have shown any considerable signs of Hfo. The growing conviction that a period of money stringency is not im probable has been the potent influence In checking speculation for a rise. The prevailing ease of call loans is really a reflection of this uneasiness over tho money outlook, and shows the desire of lenders to keep their funds In readily accessible form, rather than a super abundance of idle capital. It is evident that the speculative hold Ingn of stocks in New York are at a very low ebb, as the bears have failed with repeated trials to dislodge offer ings by raiding down prices. The same must be true of commodities of all kinds, as the lengthening period of reaction in prices has undoubtedly led to general liquidation of speculative holdings, so that prices may be said to bo a normal Index of actual supply and demand These conditions induce a comfortable assurance of the soundness of the sltua tion. and account for the hardness of the securities market and the firmness with which stocks are held. The well-recognized law that commer clal crises come with sudden contraction of credits, which have gone to the specu lative Inflation of prices. Is pretty clearly seen not to apply to the present situa tion. The conservative purpose to avoid weakening the situation is seen hi the determined unwillingness of the public to embark in speculation ln stocks. There are not lacking. elements of uncertainty in the domestic situation, such as the still' unmatured crops, net earnings of railroads, and the Presidential camnaifrn. But the seat of greatest uncertainty has shifted for tho present to China. Even within its present scope, the trouble there Insures sufficient demand upon the world's money market for war loans to materially affect their resources. Tho policy Inaugurated by tho Bank of "Eng land last week of raising its discount 'rate, and lifting the outside discount rate to its level by borrowing from the bank, was effective in turning the international exchange of the world In favor of Lon don. The Paris rate for sterling was reached In the latter part of the week. causing some renewed question whether gold from New York will go next to Paris or London. But now that a large aemana for gold remains to be satisfied. it Is to be mostly met by supplies in the west, because they are mostly abundant and most easily spared. Is the conviction of the financial world. Speculation halts to distinguish the effects of this opora tion. The dullness of the bond market rave evidence of the present caution of capi tal, une usual reinvestment of Julv dividends and interest, although the larg est amount waa disbursed this year In the country's history, has been entirely lacking -in the bond market. London and Berlin are reported heavy sellers of high-grade American railroad bonds, but no sucn transactions nave been recorded on tho Stock, Exchange. United States rerunning 2s. when Issued. 3s. old 4s and &s, aavancea in the bid price. Bank Clearings. Tho bank clearlnrs of the principal cities of the Northwes for tho week ending Saturday, July 28, -were as follows: . , Portland. Seattle. Tacoraa. Monday ..- S 401.595 S1.O04.424 $ 103.007 Tueeday 270.505 9C4.QT7 180.234 "Wednesday .... 334.R20 45.1.451 150.142 Thurr-day 217.015 010.810 17D.01H FfTday 241.818 472.351 151)202 Saturday ..... 170.230 443.510 17G.O04 Totals $1,0427338 J3.018.120 Sl.045,707 The clearings for the corresponding weeks In former years wero as follows: Portland. Seattle. Taeonia. 1800 Sl,fi01.332 $1,940,078 SS14.440 1S08 1.342.173 1,172.707 (510,720 1897 1.024.425 535.052 517,801 Tho clearings yesterday were as follows: . . Exchances. Balances. Portland lTO.nrt w non Tacoma , 17C604 73.485 Seattle 443,510 183,323 NEW YORK FINANCES. Banlca No-rr Hold Nearly $25,000,000 In Excess of Requirements. NEW YORK; July 23. The Financier say: The statement of the New York Clearing House banks for the week ending July 23 is more In accordance with known opera tions than was the previous exhibit, al though the gains In cash are in excess of preliminary estimates. The gain in specie and legals aggregates S4.871.000, made up for tho most part of specie. Tho deposit increase was $5,667,700, and as this called for nearly $1,500,000 of additional reserve the surplus rose only $3,454,075, standing at $27333,975, as against S10.S11.125 for the same week last year, and nearly $42,000,000 two years ago. The decrease in loans, which has been a, marked feature for the past six weeks, has been checked, and for the six days past ended this Item shows an expansion Downing, Hopkins & Co, Chicago Board bf Trade DDA8PDS New York Stock Exchange OiAlJi,CliaO 9 Room 4, Ground Floor Chamber of Commerce BOTH TELEPHONES' CAP E S. S. DESPKTCH Sails oh Her Second Trip on or About July 20, 19GG This Is the only exclusive livestock steamer In the Nome trade. Bookings now being made. FOR RATES ARD INFORMATION AFPI.T T? CALIFORNIA & OREGON-. COAST S. S. CO. F. P. XAUMGARTHKR, Agent, 253 Washlnrjtox Si. WrJL Mitchell Jb Coj. General Asenti. San Froncilico. Pacific Coast FOR THE NEW PAIjATIAI, STEEL STEAMSHIP "SENATOR." Wilt sail frsra Seattle and Tacoma in orabent August 6, and September 6. The "Senator" has a capacity of 2500 tons. Her second cabin and steerage accommodations arc superior to the first-class accommodations of most of the steamers advertised for Nome. The Pacific Coast Steamship Company has been running its steamers to Alas ka Winter and Summer for 25 years, and is the pioneer Pacific Coast llnfe. Seat tle freight and passenger rats apply from Portland. For further Information Inquire Of SSOODAIjL.. PERKINS & CO-., General Agents. 10 Market. San Sran- clsco. or N. fostuis. Agent. -" wasnington st., .fortianu. ur. V m VOTTKfJ M"FTN trouhlfl -with nlrht fulness, aversion to society, which deprive you of your manhood, UNFIT TOU FOR BUSINESS OR MARRIAGE. MIDDIiD-AGED MEN who from excesses and strains havelost their MANLf POWER. BLOOD AND SKIN DISEASES. Syphilis, Gonorrhoea, painful, bloody urine. Gleet, Stricturo. enlarged prostate. Sexual Debility, Varicocele, Hydrocele, Kidney and Liver troubles, cured WITHOUT MERCURY AND OTHER POISONOUS DRUGS. Catarrh and Rheumatism CURED. Dr. Walker's methods are regular and scientific. He uses no patent nostrum or ready-made preparations, hut cures the disease by thorough medical treatment. His New Pamphlet on Private Diseases sent Froa to all men who describe their troubles. PATIENTS cured at home. Terms reasonable. All letters answered in plain envelope. Consultation freo and sacredly confidential. Call on or address Doctor "Walker, 132 First St., Corner Alder, Portlnnd, Or. of $3,247,800. Whatever signlflcanco this carries, is- diminished through the fact that the gain can be traced to two large banks, and represents special transactions rather than a general revival in demand. The circulation of the banks was in creased over J1.O0O.00O last week, and the total is in excess of $2o,0C0(0Q0. This shows that the banks aro expecting use for this money later on, and, while the imme- J diate market cannot be said to present tanglblo evidence of a tightening In rates, it is neverthel' -s true that the coming month and the opening of September may witness n diminution of reserves becauso of interior demand. Just now the receipts of money from tho interior are abnormally heavy, and consignments from Australia and Alaska are adding to the supply. No gold went to Europe duriog the past week, but in ternational conditions are such that the movement is apt to he Inaugurated at any time. The best judges, of money condi tions are at sea regarding tho future, and arguments equally plausible and en'.' Jed to recognition are forthcoming In s vort of both higher and lower rates. If past years furnish any precedent, and espe cially remembering that a Presidential campaign Is at hand, tho weight of opin ion favors the theory of a moderate ad vance later in the season, although to be candid, conditions Just now appear to fa vor stationary rates, with a continued amplo supply of funds. The weekly bank statement shows the following changes: Surplus reserve? increased J3.4&4.675 Loans; increased 3,247,900 Specie, increased 301, SCO Legal tenders. Increased 1,855,200 Deposits. Increased 5,067.7(0 Circulation, Increased 1,082,800 The banks noi- hold $23,535,075 in excess of the requirements of the 23-per-cent rule. Foreign Flnnncinl Xctvh. NEW YORK, July &. Tho Commercial Advertiser's London financial cablegram says! The markets here wero idle and fea tureless today, but the tone was farily stead. Important African news is ex pected on Monday; also Information re garding the new government loan. Anftricans wero idle, but higher on bal ance. Discounts wore nominally unchanged, but thero was no demand, Money, Exchange, Etc. SAN FRANCISCO, July 2S. Sterling on London, CO days. $4 S5; sight, $4 SS. Silver bars, 61c. Mexican dollars, 4049&c. Drifts Sight, 12: telegraph, 15 par cent. LONDON, July 23. Consols, 87; monoy, 233; bar silver, 28 1-16. Dally Treasury Statement. ' WASHINGTON, July 2S. Today's state ment of the Treasury balances In the gen eral fund, exclusive of $160,000,000 gold re serve, in the division of rodemptidn, shows: Available cash balances $150,160,778 Gold 72,733,30 Exports and Imports. NEW YORK, July 23. The exports of gold and silver from all ports thl3 week aggregated $930,425 silver bars and coin, and $10,800 gold. The Imports were $19,609 gold and $34,S30 silver. The Imports of dry goods and merchan dise were valued at $0,473,500. Stockfi In London. LONDON, July 23. Atchison. 27U Cana dian Pacific, 90; Union Pacific preferred, 774; Northprn Pacific proferred, 734,; Grand Trunk, 6; Anaconda. 8. Flannel From Pine Needles. Chicago Chronicle. The Germans make flannel undercloth ing of tho liber of the pine needles, as well as socks for men and stockings for NO M Steamship Co, 3 TWENTY YEARS OF SUCCESS In tho treatment of chronic diseases, such as liver, kidney and stomach disorders, constipation, diarrhoea, dropsical swellings, B right's disease, etc KIDNEY AND URINARY Complaints, painful, difficult, too frequent, milky -os bloody urine, unnatural discharges, speedily cured. DISEASES OF THE RECTUM Such as piles, fistula, fissure, ulceration, mucous and bloody discharges, cured without the knife, pain or confinement. ' DISEASES OF MEN Blood poison, gleet, stricture, unnatural losses, im potency, thoroughly cured. No failures. Cures guaranteed. emissions, dreams. exhAUstine drnlrrs. bash. women, while knee-warmers-, knitting and darning yarns, cork soles, quilts, wadding, deafening paper for walls, pine needU soap, incense, and even cigars made from this raw material have been exported from Germany for years. Bathing resorts havo also been established at points where the pine needles are crushed, and these resorts have long been popular with peoplo afflicted with rheumatism, consumption, etc i liny n. Varied Climate. Newcastle (Eng.) Chronicle. Enghalien, off the eastern coas.t of Si beria, presents a very curious anomaly of climate. The island is bathed by two cold ocpan currents, and in Winter noth ing protects It against tho icy northwest winds coming from Siberia. At the .sea level the. snow falls cqntinually pnej stays on the ground till the end of May, and the seashore is very cold. Further in land, howevor, especially as wo go higher up, tho cllmato is modified just the oppo site to what is observed elsewhere. It ha3 often been observed In Siberia and in Central Europe that in Winter tho cold is greater in tho plains and the "val leys, and that the highlands havo a sensibly milder temperature; It la as If the denser cold air accumulated in the lowlands. The cold air accumulates In the low regions of the island, and on the coast tho higher regions have a moro elevated temperature. So it happens that the low er parts have an arctic vegetation, whilo the Intermediate altitudes havo the veg etation of a temperate 'fcone, sometimes subtropical. Tho b!rch;theva-h, the pine, the fir abound In the low regions and form often Impenetrable forests, but to ward the center of the Island appear bam boos, hydrangeas-, azallas and other plants that one Is grently surprised to meet, and whose presence can bd ex plained only by the altogether abnormal climatia conditions of the Island. Chinese Arc Efficient Laborers. London Telegraph. Labor In China Varies In its efficiency according to place, and. curiously unlike Europe, seems to vary Inversely with tha temperatures of the climate. At Tien. Tsin and th6 Northern" ports It? takes much longer to load and unload cargo than at tho ports of the Ynngtse.'and tha husbandry of the soil shows less cara In the Northern provinces than It does: lowor down. In fact, the Northerners: seem Inclined to hibernate, and allow tha rigor of the winter to unman them in stead of, spurring "thorn to activity. Still, after watching gangs of coolies working In many places. It may safely bo asserted that the average zest and genuineness of thfir labor are superior to those of any nation, with, perhaps, the exception oi our own. Uncle Snm nn n Printer. Saturday Eveninc Post. One thing that Is mounting up rapidly is the official llteraturo of the Govern ment. Most citizens complain If tha President's message fills more than One, page of tho average newspaper, but they fall to remember that behind that mes sage are thousands of reports and ton3 of documents. Indeed, if the average man were to attempt to read everything tho Government published In one year ho would have to devote about half a century to the task, talcing eight hours a day for the work of reading. CHICHESTCR'8 ENGLISH O-tIoIhbI mi n.i. n.n.ut. .8AFE. AI-t Mllmie Lm.IIe. k Druiriit , la KED at Gold metinie botes -Iii jiiaouen-Mo, lakena other. Kcrnta Uns. Jinof jcnr0rnsjlit.or -!-44. la "fAAl rBrtJe-lftr. Tetlmonlla ai " Rclter flr J.nAte," in Utttr, by re- Inm V.1L ll.OflnTMilM,iiUti fi.i.k. 11 Tl ..(.,. W,.1 . .. . . KenUata!pjr. UndUoa Square. PU1LJU. P 5-V-W3I swytiScs JW SW le $ mm Tflssy pills 50reaf? the T fQ Rud rtllabla remain lteKulaiorfor alltrotaMej. Uelleres wltbln 3 days. AtdrontUts. or by mall. Price, S3. ScadOc. f leal Co., W3X. 15Ui SL, Wllia., !-.