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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Aug. 12, 1900)
THE SUNDAY OEEGONIAN, PORT&AOT, "AUGUST "12,- 1900. 10 COMMERCIAL AtBFISMCIAt NEWS The feature of the business situation Murine the past -week was the large re ceipts of fruit. Stocks worked off fairly "irelJ, but at the close come dealers re torted a. supply In excess of the demand. Vatermelons began coming In from Southern Oregon In small lots, but re ceipts of them will increase from now on. One dealer received part of carload yesterday. The .remainder of the ship ment had been peddled at Salem, Eu gene and other "Valley points en route. "Wheat was quiet all week. Shippers find fault with the 45 shilling freight-rate and the high prices asked by farmers. Eggs ruled weak. A carload of Eastern came in "Wednesday and was offered at 15lGc "For Oregon, 17c was the top rlce. Butter was steady, receipts being light. Poultry is fairly well cleaned up and the market Is steady. Veal and, pork are firm. Potatoes are in large supply and the market is quiet. Oatst feed, bar ley and hay are steady at quotations. "WHEAT The wheat market passed through a week of uninterrupted quiet, closing duller, if anything, than at the opening. The scarcity of -disengaged ton nage and firmness of freights are against fohlppers. Prices are nominal at E5c for "Wafta, 5465c for Valley, and ESc for bluestem. The San Francisco market lias been as quiet as the Portland market. The Commercial 2Cews says crop alarm ists have done about all the damage pos sible and are now forced for a while at least, to retire and await further devel opments. Supplies are adequate and no Importing country seems likely to "force the situation by creating an unusual de mand. As a consequence the markets' have fallen into a state of quietude, "with moderate moement and unchanged rates. European crops In general con tinue to .Improve. Englandhas been, fa vored with some hot, forcing weather, which has raised the hopes of farmers; the yield, however, will still be considerably deficient. The improvement in .France is- quite as marked; one .au. thority places the crop at 40.000,003 quar ter, against a Jday estimate of S3.000.003 quarters. This will be about 7,503,000 quarters below last year's yield, but the country still .has a very large surplus on hand and the probabilities are that the much-talked if importation will not ma terialize. Reports from Southern Russia' are excellent; Holland, however, seems to bo in a poor condition. In the rest of Europe average yields are anticipated. Recent reports of the general condition in California show little change either for better or worse; previous estimates stlirhold good. Harvesting in the San Joaquin Valley is almost over, and the returns show a yield below the average; the warehouses are alL filled to overflow ing, however, which shows that even though this crop be short, the last one has not been disposed of. No improye ment is reported In the Sacramento Val ley; some sections report only half an average. FREIGHTS Ship-owners name 45 shill ings. This figure is above the views of exporters and no new business has been reported at Portland. Tonnage Is short all along- the Coast and there appears to be nothing in the situation to warrant the belief that rates will decline, at least before the holidays. Tonnage en gagements reported on the Pacific Coast for Jfily were: Vessels. Tons. Grain ,. 13 33.02 "Lumber .? ....-. 34 24,756 Coal .. 5 7.140 Salmon 1 fSi Miscellaneous 17 16,072 Totals 75 S1.935 In 1S99 G7 C7.0J7 Thirty-four of the 75 vessels were en gaged for lumber. The lumber vessels were destined as follows: .Australia, 10; China, 1,; Hawaiian Islands, 12; Mexico, 1; South Africa. 3; South America, 6. and South Sea Islands, 1. Of- the vessels for Australia, two received 52s 6d, one 53s Sd. two 60s. and two 70s. The vessel for Halp Hong. China, got Cos. Two of the ships for South Africa were taken at 67s 6d, and the others (991 tons) at Sas. A ship of 1219 tons, for South America, got 62s "Sd, which was also the rate fdr the one for the South Sea .Islands. One of the coal vessels was a steamer for Alaska for account of the Government. All the others were sail vessels for Hono lulu, all of which, as well-as most of the lumber vessels, took cargoes at ports north of California. The salmon vessel was to load on Fraser River for London at 47s Cd, the highest rate of the season. There wcie seven other vessels of SS73 tons chartered to arrive for salmon load ing from British Columbia for England at 37s Gd4Sr These vessels are now on the -way to this Coast. The new steel steamer Callfornlan was chartered by the Government to "take stores to Manila. All the other , vessels, for miscellaneous cargoes were for account of the Hawaiian Islands The tonnage engagements on the Pa cific Coast since January 1 are sum marised as follows by the San Francisco Bulletin: Vessels. Ton. Grain l.G 27.U19 iumber 230 13,2i3 Coal . 2o 40.351 Sagar 15 27.S 9 Salmon 1 8S5 Miscellaneous J07 "9,016 Totals .. In 189P .... In ISr .... ........ K5 63,665 476 5C9.2CS 463 56),104 rOHTLAXD MARKETS. Grnln, Flour, Etc. "Wheat Walla Walla, nominal. 55c; Valley, C4S5c. bluestem. 5Sc per buhel. Flour Best grades, $2 75ff3 10 per barrel; .graham, $2 50. Oat White, S6"37c; gray. 34S'S5c per bushel. Barley Feed, $1415; brewing, $1C per ton. Moistures Bran. $13 per ton; middlings, $20; ehorts. $14; chop, $15. Hay Timothy. $10gll: clover. $767 50; Or gaa wild hay. $0ff7 per ton. Butter, Eck, Poultry, Etc Buiier roncy creamery, 45ff50c; store. 2531 27c per roll. Eggs 17- per dozen. Poultry Chlckeno. mixed, $3g4 per dozen; bens. $4496: Springs, $2S 50: ducks, $S?4: gfceee. $4Q5 per dozen: turkeys, live, ll12o Jer pound, dressed, 15lGc Cheese Full cream, twins, lSJliijc; Touns America. He vtr pound. Vegetable, Fruit, Etc. Vegetables Parsnips. $1; carrots. SOc; rur ntpe, 7T5c per sack; onlon $1 23J?1 50 for Tel low Dam-err. cabbage. $1 50 per 'cental; po tatoes, 405&c per sack; peas; 3J4e; beans. OfiCc per pourtd. cucumbers. iOCISc per dozen; tomatoes, C5c per box; gren com. 10ffl2c per dozen. Jrult pernors. $4 C05 50: oranges, $3 R34 per box for late Valenclas; pineapples. $ 5O0C per dozen, bananas, $2 SOffS per bunch; Ver tlan da Oc per pound; peaches, 5O$?60c; pears, P0$1 per box: apple. 50c$l per box; wsttTnelons. $3ff2 50. cantaloupes. $11 25 ltr dozen for California. Oregon nutmegs. $1 C02 per crate; plums and prunes. 4050c pr cratr; crapes, jeedless, 75c per box; To kay Muscat and Rose Peru. $iei 25 per crate. Iried fruit Apples, evaporated. G$?c per poand. un-drled. sacks or boxes. Q5c; pears. sn and evaporated. 5gJc; plums, pltleos j 65jc. yrustav Italian. Sb$3hc; alher, extra choice, 5 Q Cc; flgs, Smyrna. 121,4c; California black. SQiic; do white. 10c .par pound. Groceries, Ants, Etc. CoSee Hochn. 235J2SC;. Java, fancy, 20932c; Java, rood, 20224c: Java, ordinary, l&3Uc; Costa Rica, fancy. 1820c: do .good. l&JlSc; do ordinary. 1012c per pound; Columbia, roajt, $13 63; Arbuckie's, $14 C3; Lion. $12 63 per Cse. Sugar Cube. $6 45; crushed, $0 45; pow dered, ?0 15; dry granulated, f5 55; extra C. $5 45; col den C, $5 35 net; half-barrels, 'He mere than barrels; maplo sugar, 15lGc per pound. Banns Small white, OXc; bayou, 4c; Lima', 6c per pound. Salmon Columbia River, 1-pound tails, $1 25 61 OOf'2-poUnd tails. $2Qf2 50: fancy, 1-pound flats, jl 6531 75; ii-pound fancy flats, 8536c: Alaska. 1-pound tails, $1 201 30; 2-pound tails, $1 80g2 25. Grain bags Calcutta, ?GG 25 per 100 for spot. Nuts Peanuts, 6S4"c per pound for raw. 9c for roasted: cocoanuts, 90c per dozen; walnuts, 10 lie per potlnd; pine nuts, 15c; hickory nuts, 7c; chestnuts, 15c; Brazil, lie; Alberts, 15c; fancy pecans, 1214c; almonds, 1517Hc per pound. Coal pll Coses, 20c per gallon; barrels. 16c; tanks, 14v Rice Island, 6"c; Japan, 5c; New Orleans, 4he5J5c; fancy head, ?7ff7 50 per sack. Meat and Provisions. Mutton Gross, best sheep, wethers arid ews sheared, $3 CO; dressed, G"47cpc: pound. Spring lambs, 4c per pound gross; dre'ssed, Sc Hogs Gross, choice heavy, $5 G05 73; light, $5; dressed, "7c per pound. m" " Veal Large. 7"Sc per pound; small, S' 9"4c Beef Gross, top steen. $3 50Sl;icows. ?3 3 50; dressed beef, 6rc per pound. Provisions Portland pack (Shield-brand): Hams, smoked, are quoted at 12'5c per pound; picnic hams, 9"c per pound; breakfast bacon, 13&c; bacon, 10c; backs, OJtlOc; dried beef. 17c per pound: lard, 5-poucd palls, 10c; 10 -pound palls, 0c; 50s, 9c; tierces, 9c per pound. "Eastern pack (Ham mond's): Hams, large, 125ic; medium, ISc; small. 13c; picnic hams. 0c; shoulders. ;: breakfast bacon, 12tc; dry rait sides, 8&j OHiC, bacon sides. O&giOc; backs, pftc; butts, Dc; lard, pure leaf, kettle rendered, 0s, 10Sc; 10s, 1034c. IIopi, JW.ool, Hides, Etc. .Hops 2Sc. per pound JTor "-1809. crop. ' 10c for new crop. t , " "Wool Valley. 1213c for coarse, 1510c for best; Eastern Oregon, 1013c; mohair, 25c per pound. Sheepskins Shearlings, 1520c; short-wool, 25 Q35c; medium-wool, C0Q50c: Ions-wool, G0eF$l each. Pelts Bearskins, each, as to size. $515; cubf., each, $1?3; badger, each, 50c; wildcat, 2575c: housecat, 523c; fox, "common gra, 40s'$l. do red, $1 753 50; do cross, $2 506; Iras, ?2jJ4 50; mink, 40c$l 75; marten, dark Northern. $3:10: do pale. pine. ?21; nuuk rat, 8 12c; bkunk. 505?SOe: otter (land). ?4 S; panther, with head and claws perfect, $Z3; raccoon, 2"S0c; wolf, mountain. Tilth head perfect, $3 50 5; wolverine, $2 5006; beaver, per skin, large, "07: do medium, prr skin. $45. do small, per skin, ?12; do kits, per skin $103. t Tallow 4?5ic; No. 2 and grease 315?ic per pound. Kldep Drv hide;. No 1. 10 pounds and up ward, 14I5r; dry kip. No. 1, 5 to 16 pounds. 15c per pound; dry calf. No. 1, under 5 pounds, 15lCc. dry salted, one-third less than dry flint; salted hides, sound steers, CO pound'i ai.d oer, TSc; do 50 to CO pounds, 7"4e; do un der 50 pounds and cows, 7c; kip. 13 to 30 pounds, 78c: do veal, 10 to 14 pounds Tc: do calf, under 10 pounds. 7ac; green: funralted), 1c per pound less; culls (bulls, stacs, moth eaten, badly cut, scored hair slipped, weather beaten or grubby), one-third leis. THE GRAIX MARKETS. Prices for Cereals la European, ana American Ports. SAN FRANCISCO, Aug. 11. Wheat Steady on call and weak In the spot market. Call barley, quiet;" spot barley, strong. Oats, steady. - Spot quotations were!- "" - Wheat No. 1 shipping, $1 05; choice, 51 03; milling, fl 071 10. Barley Feed, 7GUc? brewing, S&f90c. Oats Good to choice white, 51 lVA 1 35; good to choice gray, $1 10gl 20; gooil to choice red, $L 12!41 22i. Call board sales: , , Wheat Steady; December, $111; May, 5116; cash, $105. Barley No sales. Corn Large yellow,"$l 201 22&. '- Jfe-iv Ybrlc Grain, and Produce. NEW TORK, Aug. 1L Flour Receipts, 19,632 barrels; exports, 14.9C7 barrels; market, weak. 'Minnesota patent H Wti 4 Mo; Winter straights. $3 COgS 75. Wheat Recelpts,44.403 bushels; exports, N. bushels; spot, weak; No. 2 red, S2&C, f. o. b. Options opened 794c ele vator. Options declined .actively during the forenoon under heavy sales for long account following a break In corn and lower cables. Closed weak at c net decline September closed SO&c; Decem ber, $2.ytc Wool DulL Hops Steady. Clilcnpo Grain nml Produce. CHICAGO. Aug. 11. Sentiment among wheat traders at the opening of that market was not very pronounced either way. and the opening was rather tame at 76ff76!)4c tor September, yesterday's clos ing price being 76c, There was some dis appointment over the Government report, which was not so bullish as had been ex pected, but this was offset by the con tinued hot weather and showers In the Northwest, conditions regarded as ex tremely unfavorable, but another factor made Itself felt soon after the opening, a sudden decllno In corn. A sudden drop of lc was recorded In that market at ono time, and the effect of such weak ness on a market naturally rather heavy was Immediate. Selling was quite heavy for some time, principally by local trad ers, who. had bought wheat yesterday. In the belief that the Government crop re port would show a big falling off In con dition, and even after this liquidation had ceased the market showed but little signs of recovery. The September price was hammered down to 75c before the selling pressure was revived. There vas notable country selling at times, and stop orders were received by some commis sion houses. The close was heavy at Corn wa feverish and radically weak. The crop report was a painful surprise to loners, who had leen led to expect Board of Trade and Stock Exchange Brokers GRAjIN PROVISIONS !. . STOCKS and COTTON BOUGHT AND SOLO FOR CASH OR CARRIED ON MARGINS 214-215 Chamber of Commerce Portland, Oregoa muchjroore bullish official figures by the j complaints or damage wmen nave Deen received of late, and liquidation was heavy from the start. September closed Vic lower, at SSd Oats were dull for the most part, and showed, weakness. September closed c lower, at 21c Provisions were heavyt. Influenced by the grain markets and by the weakness of hogs. There was very little specula tive Interest shown, moderate liquidation being led by the packers. Prices ruled lower from the start. 'At the closed Sep tember pork was 12c lower, lard 5c lower and ribs VAc lower. The leading futures" ranged as follows: WHEAT. Opening. Highest. Lowest. CloVie. August $0 75 $0 75 $0 74'6 $0 75 September ... 76 76 75 73& October 76 77 70 76ft . . CORN . . August , 38U SS5 5SV1 SSi September ... 3S'i 30V. 37 38 October 38 30 37Ji S74' OATS. August 21 21 21 21 September '... 224 22S 21i 21?. October 22 22 22 . Si. MESS PORK. k September ...1107 1107 11 CO U601 October ...r..H70 11 TO , 1145 11 &- LARD. September ... 6 72. 6.72 6 65 . 6 C5 October 0 77 6 77 60 6 70 January 0 CO 6 GO 6 j3 t 55 SHORT RIBS. September ... 7 07 7 10 7 05 7 05 October "05 7 05 7 00 7 02 January 6 00 6 00 5 ii7 0 07 Cash quotations were as follows: Flour Steady; Winter patents, $3 S0 4; 'straights, $3 20g3 70; Spring specials, U 404 50; Spring" patents, $3 704 13; straights, $3 204 40. Wheat No. 3 Spring, 6572;c; -No. 2 red, 7676c. . Corn No. 2, 39Vic , Oats No 2. 22c; No. 2 white, 23ft 24c; No. 3 white, 231,i244c. Rye No. 2, 43imAc. Barley Good feeding, 35c; fair; to choice malting, 3947c. Flax seed. No. 1, $1 35; No. 1 Northwest ern, 1 35. . . ' Timothy seed Prime, $3 203 75. Mess pork Pef barrel, $11 6011 65. Lard Per 100 pounds, $6 676 70. Short ribs Sides, loose, $7! 30; dry salt ed shoulders, bdxed, 6i7c; short clear sides, boxed. $3 53 63. Whisky Basis of high wines, $1 23: SugarGranulated, unchanged, i Clover Contract grade, ?8 40. . On:the produce 'exchange today the but ter market was steady; creamery, 151?' 20a; dairy, 14(?17c; cheese, dull, 9llcr eggs, fresh, I2c, . , .R-celpts. Shlnm't Flour, b4rre' 14.UO0 12 000 Wheat, bushels 212,000 Corn, bu'hels 102.000 Oats, buH'ils -.., 4S2.XS Re. bushels 4,000 Barley, b .libels lu.OW szu.ooo 000 1,0)0 .700 i.oo) European Grain Markets. LONDON, Aug. 1L Wheat-Cargoes on passage, quiet; less doing position to buy; English country markets, quiet. LIVERPOOL. Aug. 11. Closing: Hops at London Pacific Coast, steadv, 2 ls 3 13s. Flour St. Louis fancy Winter, Arm, Ss. Wheat Spot, steady; No. 2 red We&t ern Winter, 6s 3d; No. 1 Northern Spring, 6s "4Ud; No. i California, 6s. 4d (56s 5d. "Wheat and flour, In Paris dull;' French country marketsT quiet; weathT In Englai'd, fine and warm. Futuies closed dull; September, 6s ld; December, Gs 2d. Corn Spot, firm; American mixed, new, 4s; do old. 4s Id. Futures; dull; Septem ber, 4s; October 4s d; November, 4s d. Tnconm Wheat. - TACOMA, Wash., Aug. 11. Wheat Dull and unchanged. Bluestem, 59c; club, 56c. XEW YORK STOCKS ANI BONDS. Closing-. Prices of the Principal "Wall-Street Securities. .BONDS. "U. S. ref'2s...V..103Geh.' Elcctrfc' 5s.. 115 do coup 103 N. T. Cent. Ists..l08 do 2s reg loo , North. .Pacific 3s., 65- do 3s reg 10& r do 4s 104 do3srcoup :i0i O-R. & N. Ists..l0jr do new 43 reg.. 132 do 4s 1U2 do 4s coup .132 O.J L. 6s 12354 do new 4s reg..lH do con 5s 112 do 4s coup 114 R. G. AV. lsts.... 0S Jo 5s reg H2j St. Paul consols.. 107 do 0s coup 11 do C. & P.- lsts.117" Dls. of Col. 3-65S.1 22 do C. & P. 58..11S)i Atchison adj 4s. 84 Union Pacific 4s.. 103 CJtiN- W. con 7sl30 1 Wis Cent. lsts... 88 do S. F. deb. 5s.l22 1 South. Pacific 4s.. 7e;i D. . & R. G. lsts. .lu2 1 West -Shore 4s 112 do 4s 03- J , STOCKS; The total sales of stocks today were 62.SO0 shares. The closing quotations were: Aionison zt Texas & Pacific. 14U do pfd 7u Bait. & Ohio.... 74 Can. Pacific 87 Can Southern ... 40 Ches. & Ohio 27 Wabaih b uo pia 7i4- Wheel. & L. E... &fo do 2ds pfd Zj-n Wis Central 13 l- - v AUvvli-. U. U. & ! C. B. i Q .120)siThird Aienu Cht.. Ind. &. L.... 2J tXPiiCS; P. C. C. & St. L. 50 emse ...109 s rns uu piu. oi Chi. & East. III.. 97 Adams 12s American ..188 United States 45 Wells-Farso 124 C. R. I. & Pac.lOoVj C. a C. & St. L. 57 Cclo. Southern G. m MISCELLANEOUS SAm Cotton Oil .. 33 do lsts pfd 41 do 2ds pfd 16 i Del. & Hudson... 112! Del. Lack & W...17S D. & R. G 18 Am. Malting 4jJ do pfd ..-. 22ii Am. Smelt. R.. 36 do pfd 88 Am. Spirits v. do pfd 17 Am. Steel Hoop.. 1814 do pfd j 66 Am. Steel & W.. 337i do pfd 73C Am. Tin-Plate.... 225. do pfd 7(j" Am. Tobacco p5 do pfd 12s Anaconda M. Co.." 44 4 w ,.u ......... 1n1 XS.T10 10 do lsts pfd 32 mu ivorinern prd.isz Hocking Coal ... 14 Hocking Valley .. 3.1 Illinois Central... 117Vi lowa jenirai .... iuj, do pfd. 42 IC C, P. & GultV15 Lake Erie & W.. 27" QO piQ JOi Lake Shore 200 Louis. & Nash 71 Manhattan L .... 00; uoio. Fuel & Irpn Cont. Tobacco ... 3! 26 70 33 60 132 5314 00 22 05 do pfd lit. St. Ry 16.Ji.ii Federal Steel -uexican (jentrau. llij ao pro Minn. & St. L..., 66 Gen. Electric do pfd 93'i Glucose Sugar Mo. Pacific 51 do pfd Mobile-& Ohio 38 Intnl. Paper Mo, Kan. & T... 014 ..do pfd do pfd 30 LaClede Gas 73 N. J. Central 129 National Biscuit.. SOJi i. xi vacuum. .au uu iuu- ........ . ty IsorrolK & West.. 3o?t National Lead.... 16U do pfd 74) do pfd 86 Xorth. Pacific 51W1 National Steel 2414 Ont. & "West.. O. R. & N uu piu .... ixfl uu piu ...... 5i 21 is'. 1. Air Bralce,.13i North American.. 15U 42 76 do pfd Pacific Coast 52 3 do lsts pfd. do 2ds pfd . Pacific Mall . S3 02 30 Padlnc 161 do lsts pfd..... tvitj do Sdspfd Svij People's Gas waft XI. J. " ,M Pressed Steel Car. 40 do pfd do pfd 71U Pull. Pal. Car.... 180 Stand. R. & T... 5V4 Surar 120 do pfd lie Tenn. Coal & Iron. 70 U. S. Leather 10 do pfd ....- TJSVi U. S. Rubber 28 do Dfd ...i na St. L. & S. P 9V4 do lsts pfd... do 2ds pfd.. St. L. & S. W. do pfd i do pfd . 06 . 33! . 10 -111H .170 Et. P. & Omaha.. 114W souui. iracinc... aa- Southern Ky 10jV do -pfd . 5lt,i Western -Union .-. 70U Union Pacific . ouuKep. 1. & S...... 10 do pfd 76 do pfd 02 SAX FRANCISCO ilARICETS. SAN FRANCISCO, ' Aug. . Wool Spring, Nevada, ll(13c; E-astern Oregon, 10814c;- Valley, Oregon, 1618c. Fall Northern mountain, 1012c; mountain, 90 10c; Humboldt and Mendocino, W12q. Hops 1SS9 crop, ll13c. Mlllstuffs Middlings, $1720; bran, J12 13 60 per ton. -Hay-Vheat, JStsfe; .-svheat and oat, $8 31; best barley, J8 50; alfalfa, 5S7 0; com pressed wheat, ?S12 per ton; atratv, 25 3714c per bale. Potatoes River Burbanks, 30gSSc; Early Rose, 3075c per cental; sweets, new, 1 lic per pound; Salinas Burbanks, 90c$L Vegetables Onions, 75S0c per cental; garlic, 2V5if3; green peas, 3g3c per pound; string beans, -23&c; dried okra, S2$c per pound; egg plant, S,10c per pound; tomatoes, 33QX3c; asparagus, 75c 52 50; cucumbers, 1525c per box. Green fruit Apples, choice, $1; common, 33c per box. Citrus fruit Oranges, navels, ?2 50; Mex ican limes, fSS7; common California lem ons, $1 50J?2 75; choice, 2 50S3 50 per box; pineapples, 52 50JT3 50. Bananas $1 502 50 per bunch. ButterFancy creamery. 24241.c; do seconds. 21023c; fancy dairy, 2021c; do seconds, liflsc. Cheese American, newt 9"10c per J poundv"S"oiingAmerIca.,10c1Ea3ttern, 13g i4c. ; ' " J. Eggs Store, 15lSc; 'fancy ranch, .Sic; Eastern, 16lSc. Poultry Turkeys, gobblers, lic;' do hens, J214c per poundr Qld roosters $3 50 (04 tier dozen: voune rooBters. $3 50)5: "small broilers, $22 25; large nV, $2 503; fryers, $3go 50; hens, $3 sQ5 per dozen; old ducks, $34; geese, $1 251 50 per pair. Receipts Flour, 454S quarter sacks'; do Washington, 2020; do Utah, 1560; wheat,. 2265 centals; barley, 24,220 qentals;. oats, 1520. contalsi do Washington, J330; potatoes. ,5501 -sacks; bran? 265 sacks; mld? 1 dungs, 115 sacks; hay, 8S0 sacks; wool, 119 bales; hides, 783. , . EASTERN LIVESTOCK. CHICAGO, Aug. ll.-i-Cattle Receipts; J 200; market, nominally steady; good to prime steers, $5 406; poor to .medium, $4 755 25; stockers and feeders, Jo 25 4 65; cows. $2 S04 30; heifers, $3g490; gan ners, $2 20ff2 70; bulls, $34 40; calves. $i 25 6 75; Texas fed steers, H 305 15; Texas I grass steers, f3 3o4 zo; Texas bulls, $2 M 3 30. " ' Hogs Reqelp(ts today, 15,000; tomorrow. j,vw; leit over, ow; marsei, weaK to a ghade. lower; top, $3 40; mixed and' butchers $5 055 35; oodTo choice heavy." $5 05?i"5 32; rough heavy, $4 S05; -light, $3 105'40; bulk o'f shies, $5 10S5 30: ' Sheep Receipts, 2000; market, un changed; good to choice wethers, $4 30 4 65; fair to choice mixed, $3"7S4 25t "Western sheep, $4 254 60; Texans. $3 10(9 4 10; native, lambs, $4 255 65; "Western, lambs, $4 TgS 60. '- - OMAHA, Aug. ll.-Cattle-Receipts. 40b; market steady; -native beef steers, $4 5C 5 80; "Western steers, $4 305 SO; Texas steers, $3 75(34 40; cows and heifers, $2 SS 4 25; canners, $1 502 75; stockers and feeders. $3 404 40; calves, $1(Q5 50; bulls and stags, $24 25. ' Hogs Receipts, 440; market steady; heavy, $4 975 05; mixed, $4 97(23; light, $4 S05 05;- bulk of sales, $4 975. Sheen Receipts. 4000: 'markets slow: yearlings, $44 40; wethers, 53. S04 15";" common and stock sheep,-$33 C9; lambs, $4 505 40. t IVNSAS CITY. Aug. 11. Cattle Re ceipts, 200; market, unchanged'. L Hogs Receipts, 200; ' market -steady; bulk of sales, $3 055 10. ' t. ' Sheep Receipts, 500; market, 'Steady, lambs, $3 606; muttons, $S45. -'- ' . 4 r,' ,'- Coffpe nnd Sujrar; NEW TORK, AUg. 11. Coffee''"optlons closed steady; 5.10 points ' netv 4ecllne Sales, 11,000 bags, Including August $7 75, September $7 85, November '5S,. December, $s ioS 15. Spot Rio quiet; NO. 7 Invoice, 9V4c; mild quiet. Sugar Raw, firm; fair renhing, 44 4 15-16c; centrifugal,. 96 te'st, 4&c; refined, firm; granulated, $6 10; cut loaf, $6 50. .Foot Disease In Europe. WASHINGTpN, Aug. 11. Official advices to tho Department of Agriculture report that tho foot disease is very prevalent among livestock through almost all of Europe, except Norway, vedenand Hol land, and the Importation of animals from European Oountrlesi- principally iVustrla, J Belgium, France, Germany and'tSwltzer land Is being prohibited by- this Govern ment. - The Metal Mnrliets. LONDON, Aug. 11. Bar silver quiet at 2Sd. . ... SAN FRANCISCO, A$g". .11. Bar sil ver, 61c. LAWSUITS LAST CENTURIES Generations Pass Avrny "Without n. Settlement Beinff Made. Tit-Bits. '" - If, as the proverb says, "Foqls and ob stinate men jnake, lawyers rich," Franco may especially pride herself on foljy and stubbornness, for three French lawsuits have together occupied many years longer than the Christian era. It Is little more than 50 'years' ago that France saw the conclusion o'i lawsuit which was begun in the early days of the 13th century, when John was.'- JCIng of England, and when the "magna charta" was still unsigned or even framed. The legal ball was started, on its six centuries and more of'folllng by tTre' Comte de Ne vers, who had a grievance against the good citizens of Donzy, and the feud thus started 'was maintained no less, than 63S years. Forty-four years later, In 1254, two other lawsuits saw light which, between them, have lasted nearly 13 centuries.' In both cases the citizens of Can)Pan,which must have a. mania for litigation, were the plaintiffs, and the defendants "were the inhabitants of tho neighboring" towns and villages, while the subject 'of dispute wa3 the, right to pasturage and forests. Co'mpared with these forensic veterans, a lawsuit which has survived Ave centu ries only Is comparatively a callow youth, but, as It is still flourishing" there are. hopes that it may yet qualify for a place among "legal Methuselahs." Russia Is tho scene of this lawsuit, which was com menced in the second year 6f Henry V (1400 A. D.). The defendants are the In habitants of a Russian dtj and, tho claliri Is for the restoration of, a certain valua ble estate which the city h,ad wrongfully, as is alleged. Included within Its- bound aries. Some years before Oliver Cromwell was born, when good Queen Bessvwas still on the throne of England, the good people ot Burgslan, in Bavaria, commenced an ac tion against a neighboring Baron for the recovery of a large forest, which had, ac cording to their views, been wrongfully taken from them. Fr more .than three centuries tnis case nas dragged its weary length through Bavarian courts-i and has brought grist to the mills of ten genera tions of lawyers, and Mill It remains? as unsetttled as when It began Its century march. Just at the, time when Cook was start ing on his first journey round the world and while "Wordsworth and Scott were not gven ready for the "cradle a Hun; garlah bishop died' Inte'state," and "hun dreds of clamorous relatives claimed hrs large estates. Litigation commenced, but. was aeiayea ror some years owing to tne disturbed conditions of Hungary, which was invaded by the' Turks, and when at last tho courts got a chance the num ber of claimants for the bishop's property htfd reached 1000. A century passed, and the family feudl was still befng fought out in the courts, until it was clear that if it lasted much longer there would be nothlrigto divide.' In the end, after 120' years of wrangling, the pitiful remnant of 2000 was divided equally among the claimants (now num-, berlng 2000)," each plaintiff receiving 1 as his share. The eloquent moral of thls case is that of every 12 of tho original istate, 11 went to the lawyers and 1 only td the relatives from "which it would appear that it is better tpbe a lawyer than a litigant. Still, on the whole, "the claimants jri&y consider themselves fortunate In rescuing even a sovereign apiece from the hands of the spoilers, for In one memorable case". Parker vs. Dawklns, which struggled 'on. ior nearly nan a ceniury, tne xegai ma chinery was only finally stopped when It had jihKnWiPf thA lflsl- nennv of thf dis puted estate So true it is, as IprCn Brougham said, that "the lawyer Jls a gentleman who rescues your st'ate "ftoxn your enemies and keeps it for himself." . An Aphocrrphnl Story. ' Boston Herald. Ind. "One day, while conversing with Will iam J. Bryan," writes Phoclon Howard In the August issue of Success, "I asked him what he considered the greatest word In the English language. -'Contentment,' he' said, before I could catch a breath. 'Thlff world Is full of discontented men. Even some of the rich are not contented. The man who has contentment has the best gold that Is to be secured mllfe.'" If Bryan had made any. such, remark he - would bay said silver instead of sold. EIGHT; WEEKS' RECORD WHAT THE OHEGOIT MIXIXG STOCK EICHASGEHAS BOXE. It "Has -Proven That Portland - Maintain Sncn nn Instltntlon Nevr Stoclat Listed. Eight week's of successful operation of theOregon Mining Stock Exchange has. proven that Portland as- well as other cities can maintain a mining stock ex change, and the Increased attention given thl3 exchange week after week by the business men of Portland shows it Is Ail ing a long-felt want. Before the estab lishment of this exchange there were plenty of opportunities to buy stock, but none to sell. Now, every morning The ,Oregonlan can give quotations which are 'malnialned, and, there Is a selling value as 'well as a purchasing price, every .'day. It is not always best to. sell stocks L on a small gain, as all stocks' listed on tne exenange nav.e sgme meru, anu an o them aro liable In time to make the hold ers' of "tne stock large gainers." Only a few feet of development work can be accomplished each week, and sometimes much work on the" veins leading to the 'rich deposits is required, and it takes .time. However, reverses meet the most fortunate, and it"" Is agreeable to know 'tha,t stocks held can be converted Into casn If circumstances require the holders to.raisa money at any time. As long a3 t'he Oregon Mining Stock Exchange stands it is, the purpose of the management to conduct its business oh legitimate lines, and those who engage In business through the exchange will be .quickly shown to tho public when any other kind of busi ness is undertaken by them. . t To become a broker on,thi exchange, character and ability have to be shown, 'and tho applicant agrees to give a bond. protecting tha. exchange. The exchange hasan arbitration committee, 'where pur chasers that "aro not members of the ex change tnaye . an opportunity to make .complaints relative to any m!s,representv tlon'or unfair dealing. " 'Several new brokers are arranging to .tak'e'seats on the exchange, and a' month 'vQJjo later, when the Fall .jjusin'sss opens lipvthq cauhour of the exchange, which Ja-10;S0 Aj .M, 'every day, wilt Indeed be one "of "the hours" of tha day".1 Indi cations are that before " December two 'calls1 a day will be necessary. ' 'JrJR. Dlam6nd, of the firm of "Rountreo & 'Diamond, and D. A. Honeyman were two new brokers on the floor yesterday, which Indicates an enlarged interest be ing taken by Portland's own business men. Telegraphic orders, also orders by mall, from nearly every state In the Union have been received during tho past week. Two orders by wire were received 'In one day by one firm for large blocks of stock. " Tha TTmnoufl Mlnlnir & Milliner COmnariy. lbf Sumpter, was accepted, 5y 'the listing committee last week. They own tho Chance, American, Gold Hill and Grand 'Prize lode" claims, located five miles west pt 'Sump'fer. The officers are: "Willis Kra nier. p'resideht; H. "W. Miller, vice-president; "Vy,. F. .Burllson, 'secretary; A. P. Goss, treasurer. The application of the Black Bell Gold Mining & Milling Com pany is In the hand'j of the listing com mittee. This company owns the Black Bell' quartz 'mining, claim, situated in Cracker Creek district Sumpter. The officers"are: F G. Buffum. president; E. Q.; Johnson, vice-president; A. R Dia Tnond, secretary; F. H. Rothchtld, treas- 'urer. These gentlemen, with TV. H. Har ris, Ralph Prager and F. L. "Zimmerman, compose' the board of directors. A num ber of other companies are contemplat ing listing their stocks, and will prob ably have their application In the hands of" the'llstlng 'committee during the next 10 days. Additional blackboard will have to be provided by the exchange. The by-laws of the exchange have re ceived favorable mention from several-localities where a well-governed exchange on tried and approved exchange plans are "appreciated. n?New friends and"'hewr busl noss seem tobcTon the programme .every day. U, Mlnlne Stoclr Quotations; Followfhs: arethe transactions at tho Oregon Mining" Stock Exchange yesterday: Bid. Asked. 50 OH $0 5 1 2 5 CV4 Z 3 313", 30 ' 3 3'i 214 -"v 5 uYs 2i ' 10 24 3ft -2H "-,; iy 2Hi 10.0001 at 01 ...5000 at 05 ...2000 at 02& ...3000 at 05 Adams Mountain Buffalo Coppcropolls 1 Gold Hill & Bohemia tioldstone consolidated ...... Helena , Helena No. 2 Lost, Horse 'May Queen " . ". Oregon-Colorado M. M. & D. Riverside Umpqua Unlisted' v Grizzly .. JJt--VieTv .., "Rockefeller . . , Sumpter Free Gold ' SALES. Buffalo Coppcropolls Co-operatUe Goltl Hill & Bohemia Goldstone Consolidated 2000 at om 1000 at oa, Helena 5000 at 31)s 1000 at 81"U 1000 at 3lt ; iooo at y2V, Helena No. 2 2000 at OG'i, v 5000 at OS't, 3000 at oer-I Lost Horse 3000 at 03 500 at Otti "May Queen 10 000 at 02 V. 1000 at 02 Mt. View i 9000 at 02J,s Oreson-Colo M. M. & B 4000 at 03 Bid. Sale for the Week. August 6 ...-. 90,000 August 7 75.000 August 8 C$,500 August 0 10.500 August .10 ..... 73,500 August 11 ...l GS.500 Total .... 422,500 -BOSTON. Aug. 11. Closing quotations: Adventure 2 50 Allouez M. Co.. 1 00 Humboldt $25 00 Osceola 0? 00 Parrott -40 50 Qulncy 13-i 00 Santa Fe Copper 4 50 Tamaraclc .......100 00 Utaht Mining.... 20 00 Amal. CoDDer... S8 75 Atlantic 22 50 Bos. & Mont. . . .310 00 'Butte & Boston. 63 00 ,Cal. & Hecla 740,00' Cenfnnlal 17 00 wmona 3 "5 13 50f Wolverines 39 85 SAX FRANCISCO Aug. 11. The official clos ing quotations for mining stocks iciay wgro as follows: Alta Alpha Con Andds Belcher ..-....; nBest & Belcher.. Bullion , Caledonia- ........ Challenge Con.. Chollar Confidence Con. Car "& Va Crown Point ... Gould & Curry.. Halo &,Norcross, 50 04 Justice 50 00 Kntuck Con 1 Mexican 27 Ophlr , 63 Overman 8 Potosi 14 Savage 12 Beg. Belcher 2 Sierra Nevada .. 17 SiUer Hill ... C7 Standard 4 00 Union Con ; 21 Utah Con 7 Yellow Jacket ... 24 : I 14 , 19 72 . 10 14 85! , 1 40 14 ,- 161 22 NEW YORK, Aug. 11. Mining stocks cloftl today as fellows: Chollar $0 12 j Ontario :$G 00 Crown Point ... 10'Ophlr 00 Con. Cal. & Va.. 1 30 Plymouth t 10 Deadwood 451 Quicksilver 1 50 Gould & Curry .. 12 do pfd 4 50 Hale & Norcross. 20i Sierra Noada ... SO Homesttake 50 00 Standard 3 05 Iron Silver Mexican ... 50i Union- Con T;ni TTyiIotv fnn Qi 3S 121 Yellow Jacket -The Silence of Reed. Nejv York Evening Post." , Sfl'ence sometimes his- a significance niorejmpressive than speech Such id tho case when the man who was'-McKInley's chief rival for the Republican nomination in 1S96, and who was elected Speaker of the "Republican House in 1S97, says that he is ''too busy a man" to make any speeches for the party this year. The election in Mr. Reed's own state comes next month, and' it will be the first "time In 30 years that he has not been on the stump. The alienee "of Thomas B. Reed win contrast sharply with the volubility of John Bar rett and other substitutes who will be put In the field. The most significant features of the incident, however, is not the-ioss of an orator whose support would be of immense service to McKInley. It is. the fact that this great figure stands fp a. , clasps ofRepubllcan voters of no email "dimensions. A, very noteworthy !PV ' Iff' 1 9 o uowning," rropk Chicago Board of Trade New York Stock Exchanoe Room' 4t 'Ground Floor BOTH TRLEPHOIvES acific Coast FOR THE XEW PAIATIAIi STEEI STEAMSHIP "SENATOR" " Will sail Ira Seattle "and Taconu ta or about AajuU S, aaJ Sspteabrr S. The "Senator" has a capacity of 2S50 tons. Her second cabin and steerago accommodations are superior to the first-class accommodations of most of tho steamers advertised for Nome. The Pacific Coast Steamship Company has been running its steamers to Aiaa ka Winter and Summer for 25 years, and Is the pioneer Pacific Coast line. Seat tle freight and "passenger rates apply from Portland. For further Information inquire, of GOODALU PERKINS & CO., General Agents. 10 Market, San Fran cisco, or N. POSTON. Agent, 249 "Washington at., Portland. Or. ,AJi 4Wm TOTING ifEM. trmihlpd -with nleht emissions, dreams, exhaustlnar drains, bash. fulness, aversion to Boclety, which deprive you of your manhood, UNFIT YQIJ FOR BUSINESS OR MARRIAGE. MIDDLE-AGED MEN who from exceases and strains have lost their ITANLf POWER. 3LOOD AND SKIN DISEASES, Syphilis, Gonorrhoea, painful, bloody urine. Gleet. Stricture, enlarged prostate. Sexual Debility. Varicocele. Hydrocele, Kldnay and Liver troubles, cured WITHOUT MERCURY AND OTHER POISONOUS DRUGS. Catarrh and Rheumatism- CURED. Dr. Walker's- methods are regular and scientific Ho usea no patent nostrums or ready-made preparations, but cures the disease by thorough medical treatment His New Pamphlet on-PrlvaU Diseases sent Free to all men who describo tfcfllr troubles. PATIENTS cured at home. Terms reasonable. All letters answered Ja plain envelope. Consultation free and sacredly confidential. Call on or address 1 Dqctor ."WnlUer, 152 First St., Corner Alder, Portland. Or feature of the canvass Is the large num ber of Republicans who manifest no en thusiasm for their party, and who are not inclined to exert themselves for its suc- cess. Unfortunately for Bryan, however,' the same tendency Is even more prevalent among the opposition. MORE QUIPS AT BARRETT. Anti-Imperialist Paper Pursues Him Relentlessly. New York Evening Post. The irrepressible Mr. John Barrett undertakes. In Harper's Weekly, by means of maps and italics, to show that the ' Philippine Islands are of supremo importance as Nan "approach to Asia." Had we not an army In these Islands, he says, we shoulo not have been able to dispatch promptly ships, marines and troops, to rescue our missionaries and diplomatic representatives. The impres sion has prevailed that in this under taking our engagements in the Philip pines have been rather a hindrance tliAtt a help, and that the forces which will be employed must be drawn from this country; but at all events, Mr. Barrett maintains, we are commanding the evi dent respect of other nations by our bril liant exploits in the Philippine War. But mere military glory Is not enough for this eminent strategist. Commerce Is what he Is looking for, and in order to locate It he confronts a map which he justly describes as surprising. As Gen eral Grant said of Mark Twain's war map, nothing like It has ever been seen before. Proctor Knott once celebrated the situation of Duluth; but Mr. Barrett surpasses him in imaginative and map making power. By drawing a number of circles with proper radii, he demon strates that Manila Is only CM miles from Hong Kong, where there Is a trade of $2:000,000. "The proximity of Ma nila to such a capital of commerce em phasizes the Importance and value Of Its own location." Talcing a radius of 10CO miles, and we reach Shanghai, "tho New York of China'": and If we lengthen the radius tp 1500 or 1600 miles, we sweep over Nagasaki, Bangkok, Singapore. Ba tavla and our owif Interesting acquisi tion, Guam. Stretching our radius to 2000 miles we Include a population of 500.000. 000. with a trade of 51.000 000.000. And finally, with a 30CO-mlle radius, which "distance Is a reasonable one, as it Is approximately equal to that from New York to San Francisco or from New York to London," We have an "interest ing and yet stupendous" field to survey. In this interesting and stupendous field we see Manila the center of lands artd sea3 that support, even with their un developed natural resources, an annual foreign commerce that exceeds $2,000. 000,000, and hold nearly half the world's entire population or at least ECO.O00.O00 human beings, "who must be fed, clothed and supplied, with the Increasing wants that grow In proportion as they come in. contact with the European and Amer ican world." This 30C0-mIle circle includes all of Japan, all of China, part of Si beria, all of Corea, Slam, French Indo Ghina, Burmah, the Dutch possessions and other East Indies, the greater part of India ana the major portion of Aus tralia. A glance at his map. Mr. Barrett declares. Is enough to make us compre hend the imbiense advantage in captur ing" the trade of these countries which the possession of Manila gives us. Shall wo for a moment think of surrendering our new position of sovereignty? Never, he exclaims, somewhat inconsequcntly, for wo obtained It not in the lust of conquest, but in the performance of duty. "The Philippines, being the geo graphical and strategical center by rea son of physical location, will become, under American Influence, the commer cial center or tho trans-Pacific Coast, seas and millions of people." If Mr. Barrett had a monopoly of strategy and map-making, this entranc ing prospect of commercial expansion might convince his countrymen that they ought, "in meeting and mastering the unavoidable responsibility that grew un expectedly out of the war with Spain," to emigrate to the Philippines and trans fer the seat of our manufacturing in dustry, if not of our Government, to Ma nila. Unfortunately, however, any one with a pair of compasses, a sheet of paper and an odd volume of statistics can beat Mr. Barrett "hollow" in maps, figures and strategy. The Englishman can plant one point of hl3 dividers at Calcutta, and with a 1000-mile radius show results that will make Mr. Barrett greon with envy. Equally brilliant re sults can be attained at Hong Kong or Shanghai, while a Frenchman at Saigon can do even better. In fact. If commer cial supremacy is to be gained by draw ing circles and radii on a map. we are not sure that the Grand Lama ot Thibet does not hold the master-hand. Nowhere else than from his elevated situation can circles of 1000 miles radius be drawn so as to include a denser population, while the strategical advantages of Thibet are incomparable. Safe from naval attack and protected against invasion, the Grand Lama can serenely enjoy all the com mercial advantages to be derived from the sweep of radii and tha geometrical progression of the numbers and wants of mankind. Mr. Thomas B. Reed, the reporters tell us, recently declared that he had never heard of Barrett. The story is suspi cious, and it is much more probable that Mr. Reed, having read some of Mr. Bar rett's numerous efforts to explain the great principles Of commerce and strate gy to his Ignorant countrymen, and hav ing -studied the map constructed by him. made up his mind that he did not -want MIS ' Chamber of Commerce Steamship Co, TWENTY YEARS OF SUCCESS v In the treatment ot chronic diseases, such as liver, kidney and stomach disorders, constipation, diarrhoea, dropsical awelllngs, Brlght's disease, etc KIDMEY AND URINARY Complaints, painful, difficult, too frequent, milky bloody urine, unnatural discharges, speedily cured. DISEASES OF THE RECTUM Such aa piles, fistula, fissure, ulceration, mucous antTt bloody discharges, cured without th knife, pain mt confinement. DISEASES OF MEN Blood poison, gleet, stricture, unnatural losses. te potency, thoroughly cured. No failures. Cures guar nnteed. to make speeches for any cause which Mr. Barrett championed. Mr. Reed'a experience at Washington caused him to dlsllko hypocrisy and humbug, and ho Is not without a sense of humor. The possibility that Mr. Barrett might ex hibit his map and draw his radii at tha political meetings In Maine Is quite enough to explain Mr. Reed's refusal to speak at these gatherings. If he spoko his mind, ho would probably express opin ions concerning Mr, Barrett's capacity as a cartographer and strategist that might promote tho hilarity of the and ience but would hardly arouse enthu siasm for the policy of the Administra tion. ASSERTIONS DENIED. Some of Mr. Eddy's Railroad His tory Discussed by Mr. Held PORTLAND, Aug. 11. (To the Editors It is refreshing to see that some of your correspondents In their "letters to tho editor," like Mr. J. B. Eddy, sign their own names. Pardon me having, however, to correct a few errors In Mr. Eddy'3 letter. He says: First The narrow-gauge lines ought not to have been built. Had Mr. Eddy been in Oregon at that time he would have learned they were not then (1SS0) built for tho Willamette Valley alone; built to go to Southeastern Oregon, to which sur veys were made, and thence to "Winne mucca, where by a previous arrangement with the Denver & Rio Grande Railway, then a narrow-gauge, the latter wa3 to build from Salt Lake to meet them, ao as to form the first expected transcontinen tal line Into Oregon, as well as a local line. All the bonds were subscribed abova par before a dollar was Invested. Had It not been for these facts, the O. R. & N, Co. would never have bought up by lease 1 ...... n.f .-...IT.. nM.rtAr1 V Afao'rtnlnn lines at Springfield (while going to South eastern Oregon) by giving them 6 per cent on their bonds and 0 per cent on their 1 common stock for 99 years, which lease the United States Supreme Court aeciarea seven years afterwards was illegal and void, as was predicted. Second Mr. Eddy errs when he says Its bondholders (Qregonians) lost their money. On the contrary, the purchasers of the Oregonian Railway after the lease was declared void paid dollar for dollar In cash for every bond, and paid every debt, so keen were they to get posses sion of that road. The stockholders lost their money. Why? Because they en tered into a lease which the United States Supreme Court declared Illegal and void, and would not give damages for non performance of this illegal lease. They were warned, before thej made the lea3e It was Illegal,' both by their own attorney, E. G. Hughes, and myself, when I then was the largest stockholder and vlca presldent and manager of the enterprise. Third Mr. Eddy Is wrong In saying the Oregdnlan lines were placed In the hands ot a receiver because they did not pay. If he will kindly examine the UnlteS States District Court records he will see a receiver was appointed because, the les sors (the owners) and the lessees, ther O. R. & N. Co., both abandoned the rail road lines, and a receiver was appointed pendente lite over a broken road In five separate, unconnected divisions for six years worked in that way. Fourth Mr. Eddy say3 that tho Port land & Willamette Valley line 2S miles from Portland did not pay Its expenses. I cannot speak as to what happened after I retired from Us management, hut as I built it myself and operated It, too, I wilt say Jhat It earned over $126,000 the first year after It was built Into Portland, or $4400 per mile of gross receipts. It had; a bonded Indebtedness of $14,000 per mile, or $400,000, Including the Portland terminal facilities and rights of way through, Portland city. If Mr. Eddy will call I will show him that the bondholders also of that line got back their money by a conversion of Its $14,CO0 bonds Into a new Issue of $30,000 bonds, per mile Instead, made by C. P. Huntington, therefore re quiring a foreclosure and deed afterwards made to its present owners, the Oregon & California Railroad, which subsequently leased it to the Southern Pacific Com pany. WILLIAM REID. OLDEST I aAJJi.OJ. MONEY WILL EARN 10,-J A MONTH. BEST ! J The Invastor's Fund pays semf-monlhly. The oldest eitabllsbed in America. No certlflcata L.i..h.. Avn. iai. attnt- PfltmimM riiAiin ta all subscribers every 1 j doya. N trouble, ho delay. , Jlonoyrerunded on demand. Write to-day for par ucalars. Pjin, & r Bond Dei" No. iuy. nuoson tiui.uiiig, mew ion, CHICHESTER'S ENGLISH rami w Orlcinol and Only Gennlne. BAIE. .,!a-Mrmoi Lnaiesuxunucm for CMIUHiSSi'IiJCS J'J.NUIMU la ! anl Coltl mftaUtn tou tuiat lta una abbon. Tukeao othtr. ilru Pan-eroa-ialMtltotlon4 and Imita tions. Bayer jour Droj;iii. or wul-te. la rampi for Particular. Testimonial al Keller Tor Ladtr," h Utter, by ro ta rn Mall. 1 0.000 TntlmoslaU, Sobllr " HDrnKlt. CMehetr ObemlcalCo., tf tatloa tM yjper. 2Xadisoa Bgasrc, VUIJLX., 1A, The Oregon Mining Stock Exchange Auditorium. Chamber of Commerce Sldff., fc. O. box 6T0. Portland. Or, Telephone Main 810 J. E. Haseltine. Pres.; David Goodsell Treaa.j P. J. Hard, Sec. Directors L. C Clarto. J. E Hasc.tine, D. rid GoodscU. P, J. Jennings. I. G. DavlUca. F. V. Drake. E. A. Cleai. A8- IT