THE SUNDAY OREGONIAN, PORTLAND, SEPTEMBER 2, 190G.
35
MAY PICK TOO SOON
Hops Will Suffer in Quality if
Gathered Too Early.
GROWERS READY TO BEGIN
Quiet Period Expected in lioeal Mar
ket Le May Predicts Opening.
Prices Oversupply of Fruit
on Front Street.
HOPS Growers may pick too early.
WHEAT Marlctt lower on club.
KLOL'R LoCal price firm.
FRUIT Market badly glutted.
EGGS Firm and active.
1'OCLTKI Receipts prove too
neavy.
BUTTER Local conditions are un
changed. LIVESTOCK Sale ot thoroughbred
goats.
A number of hopgrowers are making
preparations to begin picking Monday morn
Ing and by the latter part of the week
picking will be nearly general throughout
the Valley. . From reports that were re
ceived yesterday from many sections on both
the East and West Side, it appears that
hops are not' yet in condition to be picked.
In some yards around Independence, Dallas,
Aurora, Woodburn and Salem, harvesting
snould not begin before September 10 to se
cure the best results, according to these
reports. . The majority of growerB, however,
seem anxious to get operations under way
as soon as possible, in order to forestall any
probable change in the weather and 'also to
keep their pickers in line. It is the latter
feature of the situation, more than any
thing else, that will be responsible for any
premature harvesting. For the sake of
Oregon's reputation as a producer of choice
Tiops, It is to be hoped the growers will not
find It necessary to sacrifice-quality in order
to get their product quickly In the bale.
There were no new. developments in the
market yesterday. Trading will probably be
slack until the crop is gathered, as neither
buyers nor sellers are disposed to operate
now. There was some inquiry for fuggles
at cheap prices, but aside from this the
local trade was slow.
A letter received during the day from
W. H. and H. LeMay, hop factors of London,
stated that that firm expected Pacifies to
open on the London market at 0 to 8,
which would equal 2S to 38 cents here. The
Kngllsh crop, according to the letter, could
be safely estimated not to exceed that of
1004. v or 2S0.000 cwt., and the continent
would not aroduce more than half of last
year's crop.
SALE OK THOROTTfiHBBr.n STOCK.
Folk County tioats and Lambs Shipped to
Wyoming, ' ' .
W. W. Percival, ot Independence, Polk
County, has sold 700 buck lambs and 20
thoroughbred Angora goats to Alex Donald
son, of Sheridan, Wyo., who shipped the
stock to Forbes Bros, stock farm in Wyo
ming, says the Salem Capital Journal.
The shipment Included lambs from the
well-known stock farms of J. B. Stump and
William Riddel & Sons. Most of the lambs
were brought up In Polk County, though
some were purchased In TamhlIl. Benton
and Marlon Counties.' One lamb from the
Riddeli farm. 1 year old. sheared 23 pounds
and the carcass weighed 270 poundB. The
fleece, reckoning wool at 28 cents, was val
ued at $0.44: the carcass at 4 Cents, butch
, er's price. JIO SO, making a total of 117.24.
For breeding purposes, however, the lamb
of course brought more money. There were
a number among the bunch shipped whose
fleeces weighed 21 to 23 pounds
Polk County's LincolnshlreS and Cotswold
sheep are becoming famous. Breeders have
been giving attention to building up their
Btrain and it pays them fine. There is more
money in raising a blooded animal to sell
for breeding purposes than the common
sheep for the butcher. Mr. Percival bought
a number of Polk County lambs for Mr.
Ilonald-on last year and this year he had an
order big enough to mi seven single-deck
OVERSUPPLY OF FRUIT.
Prices on Cantaloupes and Some Other Lines
Are Slashed.
The fruit market was In a bad way yester
day. Receipt were very heavy, but owing
to the holiday Monday, retailers did not buy
much, preferring to have the surplus spoil
on the Jobbers' hands than their own. The re
sult was that prices, except in the cate of
peaches, were- slashed violently. Cantaloupes
were especially a glut on the market apd buy
ers named their own prices, galea were made
as low as 20 cents, and one dealer said he
would be willing to take 10 cents rather than
dump the decayed stuff next Tuesday.
Tomatoes were also in overaupply, and sales
were made down to 25 cents. Peaches held
their own at former prices. Four 'cans of
bananas arrived, most of them too ripe, which
added to the woes of the wholesalers. An
other car of Rogue River melons was started
North yesterday.
CLUB WHEAT LOWER.
Small Trading in the Local Market Flour
Unchanged.
Club wheat went off another cent in the
local market yesterday, 65 cents being quoted.
No chance was made in the price of blue
Mem. The market was exceedingly dull. Pri
vate cables Intimated that lower prices were
not expected In England, but there waa no
export Inquiry to substantiate this.
The export flour market was quiet. The
Japanese have bought well for shipment In
the first half of September, but do not want
flour for later shipment. Some business is
being done with Hongkong. Locally, there
la a good demand and old flour Is very firm.
Some Poultry Carried Over.
Arrivals of poultry proved to be rather too
large yesterday. Some firms cleaned up, but
in other quarters a few coops were carried
. over. Prices were not changed.
Eggs were in active demand and atrong at
unchanged quotations.
The butter market presented no new fea
tures. Half Day of Business Monday.
The whulesale grocers, commission dealers
and produce houses will remain open half a
day Monday. All storea in the Jobbing dis
trict will close at noon in honor of Labor
day.
Grocery Trade Notes.
An easier feeling Is reported In spot canned
tomatoes and prices show a 10-cent decline.
Advices from California say the Lima bean
-j-op of the Sacramento Valley Is estimated
at BO0.0OO sacks, the largest ever produced.
The bean crop, however, is never safe until
it Is harvested.
Selected California fruits, peaches especi
ally, will be short. Where a 50 per cent out
put of selected canned peaches waa exoected,
there will only be from 5 to 10 per cent.
Opening Price- en Alaska Fish.
The opening price on the 190B pack of red
Alaska salmon has been announced by the
Alaska Packers' Association. It was fixed
at 05 cents per dosen on one-pound tails, f.
o. b. coast. The: trade had been expectins a
price of ft, because of the shortage over last
year's pack.
Bank Clearings.
Clearings of the leading Northwest cities
were a follows:
Clearings.
Portland t 522. 12
Seattle 1.32V.01S
Tacoma ;. fil4,4U&
Spokane 025.610
balance,
i 51.113
'..21S..M9
i 41.33s
,'45,31)5
Clearings of Portland, Seattle and Tacoma
for the week were:
Portland. Seattle.
$ 777,3'JH tl.SSi.2(5
. , Win.-IM 1.610.8O4
Tacoma.
I 673.415
044.341
K25.HW1
M8.074
630.8l0
614.4U3
Monday
Tuesday . .
Wednesday
Thursday
Friday ...
Saturday
77,572
9S7.5M
, 7H7
622. 182
1.353.4HO
1.100.BS1
1,17!), 725
1.32U.U18
Total $4,358,828 f7,8u9.0C3 3,4M,8J4
Clearings for the corresponding week ' in
former years were:
Portland. Seattle. ;. Tacoma.
$2,035,132 f2.72o.H3a $ 05B.8J13
i.. 2,3(10.1X11 3.52.5"3 1.3S0.2M1
. 2.4.12.8K4 3,."24,377 1.751,ia
.... 3.417.102 4.2SW.042 1.907.5K2
3.S73.7W) 4,784,548 3,111,513
PORTLAND QUOTATIONS.
lftoi
10H2
UNO
19114
It). 5
Grain, Flour. Feed, Etc.
FLOUR Patents. $3.8S4.10 per barrel;
straights. t3.10C3.SO: clears, 3.10$1.25;
Valley, $3.5o3.60; Dakota and hard wheat,
patent. $565.00; clears. $4.104.2S; graham,
13.50; whole wheat, $3.75; rye flour, local, $5;
Eiuu.rn, $566-26; cornmeal, per bale, $1.9u'9
2.2U.
WHEAT Club, 65c; bluestem, 69c; Valley,
60S 70c; red, 63c.
OATS No. 1 white. $22 22.50: gray, $20
en.
BARLEY Feed. $20621 per ton; brewing,
$21.506 22.50; rolled, $23.
RYE $1.80 per cwt.
CORN Whole, $26: cracked, $J7 per toa.
MILLSTUFFS Bran, city. $16; country,
$17 per ton; middlings, $2&26: shorts, city,
$17; couatry. $18 per ton; chop, U. S.' Mills,
(15 50; linseed dairy food. $18: Acalfa meal.
$18 De ton. .
CEREAL FOODS Rolled oats, eream. 0
pound sacks. $7; lower grades, $5.50'96.75;
oatmeal, steel cut, 50-pound sacks, $3 per
barret; 10-pound sacks, $4.25 per bale; oat
meal (ground), 50-pound saoks, $7.50 per
barrel: 10-pound sacks, $4 per bale; split peas,
$5 per 100-pound sacks; 25-pound boxes. $1.40;
pearl barley, $4.25 per 100 pounds; 25-pound
boxes, $1.25 per box; pastry flour, 10-pound
earks. $2.50 per bale.
HAY Valley timothy. No. 1, $1011 per
ton: Eastern Oregon timothy, $12 14:
clover. $77.50; cheat, $7&7.50: grain hay,
$7; alfalfa. $10; vetch hay, $7 7.00.
Vegetables. Fruits, Etc.
DOMESTIC FRUITS Apples, common. 60f
75c per box; fancy, $1.2fM&2; grapes, 75c$l.riO
per crate; peaches, SOfaftOr; pears, $1.25:
plums, fancy, 507Se per box; common, 5o'J
75c; blackberries, 5&6o per pound; crab ap
ples, ' $11.60 per box.
MELONS Cantaloupes, 25c$1.50 per crate;
watermelons, lirMc per pound; casabas. $3.25
3.50 per dosen.
TROPICAL FRUITS Lemons. $5f6.50 per
box: oranges, Valencia.. $4.500: grapefruit,
$44.50; pineapples. $34 per dozen; bananas,
6c per pound.
FRESH VEGETABLES Beans. Mr7c: cab
bge. l2c per pound; celery, 85c(ff$l per
dosen: corn, 15$i20c per dozen; cucumbers,
25c per dozen; egg plant, 10c per pound;- let
tuce, head. 25c per dozen; onions, 1012c per
dozen; peas, 4&5e; bell peppers, 12Vj15c;
radishes, lorglac per dozen: spinach, 25 3c per
pound, tomatoes, 255 rtOc per box; hothouse,
$2; parsley, 25c; squash, $11.25 per crate.
ROOT VEGETABLES Turnips. 80c$l per
sack; carrots, Hfil.25 per sack; beets. $1,259
1.60 per sack: garlic. 10tfrl2ac per pound.
ONIONS New. Uijmc per. pound.' .
POTATOES Buying price: Oregon . Bur
banks, 70 80c; sweet potatoes, 44Vi3 per
poui.d.
DRIED FRUITS Apples. 14c per pound:
apricots. l!W19y.c: peaches. 12W,13c: pears,
J1HB14o: Italian prunes. 5t49J8c; California
n. white. In sacks. StfrOc per pound: black;
4-?i5c: bricks. 1214-ounce packages. 755e
per box; Smyrna. 20c -pound; dates. Persian,
tt&'Atc per pound, . . .
RAISINS Seeded. 12-ounce packages. 8
8M:c: 16-ounce, 9Vjrl0c; loose muscatels, 3
crown, 6Uff7c; 3 crown, 63ir74c; 4-crown,
77e: unbleached, seedless Sultanas, .6i?r7c;
Thompson's fancy bleached, loiffllc: London
layers, 3-crown, whole boxes of 20 pounds. $2;
2-crown. $1.78.
Butter, Eggs, Poultry, Etc.
BUTTER City creameries: Extra cream
ery, 26 a 27 He per pound. State creameries;
Fancy creamery, 23&&2t&c; store butter, 15$
lBWc.
EGOS Oregon ranch, - 24025c per dozen.
CHEESE Oregon full cream twins, 13ft0
14c; Young America. 14H15c. " -
POULTRY Average old hens; 13WHc:
mixed ohickena, 1S4513WC; spring, 14515c; old
roosters., IHilUc; dressed chickens, 1416c;
turkeys, live, 1720c; -turkeys, dressed, choice,
21(n22Hc; geese, live, , per pound, PfalOc;
ducks,- I315c: pigeons, $1191.60; squabs,
$23. ; '
Groceries. Nuts. F.te.
RICE Imperial Japan No. 1, fic;
ern Japan. 5.40c; head. 6.75c
COFFEE Mocha., 26(g28c; Java, ordinary,
18622?: Costa Rica, fancy, 1820c; good, lftfj
18c; ordinary. 19g22c per pound; Columbia
roast cases, 100s. $15; 60s, $15.25, Arbuckle.
$17.25: Lion. $15.75. .
SALMON Columbia River, 1 -pound talis.
$175 per dozen: 2-pound talis;' $2.40; 1-pound
flats, $1.10; Alaska prnk. 1-pound tails, toe:
red. 1-pciind talis. $1.25; sockeye. 1-pound
tails. $1.70.
SUGAR Sack basis,' '100 pounds: Cube,
$5.40; powdered. $5.15; dry granulated. $5.05;
extra C. $4.60; golden C. $4 46: fruit sugar,
$5.05; P. C $4.95: C. C $4.5. Advance sales
over sack basis as follows: Barrels. 10c: half
barrels, 25c; ooxes, 5oc per 10O pounds. Term:
On lemittancea -within 15 days deduct He per
pound; if later than 15 days and within 30
days, deduct c. ' Beet sugar. $4.75 per 100
pounds: maple sugar, IStfrlSc per pound.
NUTS Walnuts. 154e per pound by sack;
4o extra for less than sack; Brazil nuts, 10c;
filberts. 16c: pecans, jumbos, 16c; extra large,
17c: almonds, 14tl5c; chestnuts, Italian,
12K&16o: Ohio, 20c; peanuts, raw, 7Ho per
pound; roamed. 9c; pinenuts. 1012c; hickory
nut. 7V,f?8c: cocoanuts, 35tfffl0c per dozen.
SALT California dairy. $11 per ton: imita
tion Liverpool. $12 per ton; half-ground, 100a,
$9: 60s. $9 50; lump Liverpool, $17.50.
BEAN'S Small white. v,c; large white.
4H: pink. 2c: bayou, 4T4c; Lima, 5c;
Mexicans, red, ic.
Provisions and Canned Meats.
BACON Fancy breakfaat, 21c per pound;
standard breakfast. IDc: choice. 18c; . English.
11 to 14 pounds. 17c: teaeh, 16c.
HAMS 16 to 14 pounds. 16K'C per pound; 14
to 16 pounds, levtc: 18 to 20 pounds, 164c;
California (picnic), . 13o cotage, none; 'shoul
ders, 12 lie; boiled. 35e: boiled picnic, bona-
lSS 20c
PICKLED GOODS Pork, barrels. f21: half
barrels, $11; beef, barrels, $11; half barrels,
$8.
SAUSAGE Ham, ISo per pound; minced
ham, 10c; Summer, choice dry, lliic; bologna,
long. 7c; welnerwurst, 10c; liver. 6c; pork.
Wn 10c; headcheese, 6c; blood. 6c; bologna
sausage, link, 4Hc.
DRY SALT CURED Regular short cleaVs.
dry salt. 12c: smoked. ISc; clear backs, dry
salt, HVtc; smoked, 12c; clear bellies, 14 to
J7 pounds, average, dry salt, 14c; smoked, 15c;
Oregon exports. 20 to 25 pounds average, dry
salt. 13U.c; smoked, 14c; Union bellies. 10
to 18 pounds average, none.
LARD Leaf lard, kettle .rendered: Tierces.
lc: tubs, 12c; 60s, 12c; 2n, 12Hc: loo,
12Hc: Bs. 12Hc Standard Pure: Tierces,
10SJc: tubs, lie; 60s. lie; 20s, lllc 10s.
livtc: 6s. 1154c. Compound: Tierces, 7c;
tuba. 794c; 60s. 7$ic; 10s, 84c; 6s. 8V4c.
Hops. Wool, Hides, Etc.
HOPS 1906 contracts, 17 H 20c per
pound; 1905, nominal; iu4, nominal.
WOOL Eastern Oregon average best. 15a
18c per pounds, according to shrinkage; 'Val
ley, 204r22e. according to fineness.
MOHAIR Choice, 28ig30c per pound
HIDES Dry: No. 1, 16 pounds and up per
pound. 188200 ; dry kip. No. 1, 6 to 16 pounds -18Sj21c
per pound; dry salted bull and stags,
one-third less than dry flint; culls, moth
eaten, badly cut. scored murrain, halr
ellpped. weather-beaten or grubby, 2o to 80
per pound less. Salted hides: Steers, sound
60 pounds and over, per pound. 104j.llc; steers'
sound, 60 to 60 pounds. lOgllo per pound:
steers, sound, under 50 pounds, and cows,
810o per pound: stags and bulls, sound, 7c
per pound; kip. sound, 15 to 30 pounds, loo
per pound; veal, sound, 10 to 14 pounds, llo
per pound; calf, sound, under 10 pounds, llijfr
12c per pound; green (unsalted), lc per pound
It -as ; veal, lc per pound less. Sheepskins
Shearlings. No. 1 butchers' stock, each. 259
$oc: short wool. No. 1 butchers stock, each,
6o&60c: medium wool, No. 1 butchers' stock
each. $1.25(S2; murrain pelte,. from 10 to 20
per cent less, or lSfS'loc per pound. Horse
hides: Salted, each, according to size, $11.50;
colts, hides, each, 25 30c. Goatskins: Com
mon, each, 15926c; Angora, with wool on.
each. S0cg$1.50.
FURS No. 1 skins: Bearskins, as to size,
each. $rf?20; cubs, each. $13; badger, prime,
each. 2550c; cat, wild, with head perfect,
301 50c; houise cat. 6tl20c: fox. common gray,
large prime, each. 60(S7Oc: red, each, $3't35;
cross, each, $518; sliver and black, ; each.
$100r730O: fishers, each. $568: lynx. each.
$4,606; mink, strictly No. 1, each, according
to size, Sif03; marten, aarx nortnern, accord
ing to size and color, each. $1015; pale pine,
according to size and color, each. $2.5031-4.:
muekrat, large each. 1215c; skunk, each,
4OS60c: civet or Dolecat. each. 6(S15c: otter.
large, prime skin, each, $610; panther with
bead ana claws perfect, each. $295; raccoon,
nrlme large, each. 50fr75c: mountain wolf.
with head perfect, each, $3.5065; prairie
teoyotej, nocosx; wolverine, eacn, fo'tra;
beaver, per skin, large, $."r6; medium, $37;
small. $I1.60: kits. 606 75c.
BEESWAX Good, clean and pure, 22.325c
per pound.
TALLOW-.-Prime, per pound, 444c; No. 2
a no grease, ztrsc.
CASCARA SAGRDA (ehlttam bark) New,
81Ae4c per pound; 1004 and 1906. 4'SBc.
GRAIN BAGS eB0c each.
Dressed Meats.
VEAI, Dressed. 76 to 125 pounds, 7fg8c;
125 to 60 pounds. 7c; 150 to 200 pounds, 6c;
200 pounds and up. 6V; tit 6c.
BEEF Dressed bulls. 3c per pound; cows,
4:l4fi5V.c: country steers, 56r.
MUTTON Dressed fsncy. 7(t7Rc per pound;
ordinary. BAc: lambs, fancy, geSUe.
PORK Dressed. 100 to 180 pounds. 88Hc;
160 to 200 pounds, 7H(rSc; 200 pounds aad
up, 771ic.
ons.
TURPENTINE Cases, 81a per gallon.
COAL, Cases. 19c per gallon; tanks, 12io
per ration.
GASOLINE Stove, cases. 44c; 86 test,
82cr; iron 'tanks, 26c.
WHITE LEAD Ton lots, 7c: 600-pound
lots. 8c. less than 500-oound lots. Sc. (In 25
pound tin palls, lc above keg price; 1 to 6
pound tin cans, 100 pounds per case, 20 per
pound above keg price.)
LINSEED Raw. In barrels. 47c: in cases,
63c; boiled, in barrels, 60c; in cases. 65c;
250-gallon lots, lc less.
BENZINE Cases. 19c per gallon; tanks,
12c per gallon.
RESERVE IS VERY SMALL
NEARLY WIPED OUT BY LOSS OF
CASH.
But Reduction Is Not as Great
Feared Decrease In Loans
Seven Millions.
NEW YORK, Sept. 1. The Financier this
week says:
Last week's official statement of the New
York Associated Banks snowed a very narrow
margin of reserve; the Surplus was not eo-.
tlrely extinguished, aa was expected from the
heavy loss of cash, which was indicated ba
the preliminary estimates. The cash decrease
was $4,3(18,300. while the majority of the es
timates seemed to foreshadow a loss of nearly
$7,000,000. Such " estimates were based upon
a drain of about $5,000,000 to the interior, in
cluding transfers to San Francisco and t'-ffi
absorption , of $3,666,000 by the Sub-Treaeury,
making $8,666,000, which waa only partly offset
by receipts of new gold through Assay Office
checks. The discrepancy - between the esti
mated loss of cash and that shown by the
statement Is not susceptible of reasonable ex
planation. The general deposits decreased $11,704,500,
which amount closely agreed, with the sum
of the decrease in loans and the loss of cash,
so that the statement made good, proof. The
required reserve against deposits decreased
$2,948,625, deducting which . from the loss of
cash left $1,420,476 as the reduction in . sur
plus reserve to $2,869,400. Computed upon,
the basis, of deposits, less those of $10,313,000
public funds, the 'surplus Is $5,447,650.
Loans were contracted by $7,393,200, . Indi
cating either tree cancellations as the result
of liquidation of speculative accounts or the
transfer of loans to trust companies; the ex
cess ot loans over deposits wss $21,682,4t0,
against $17,281,100 in the previous week.
The statement of the Clearing-House banks
for the week followa:
- Decrease.
7,oans . .-. . .
Deposits . ... ..
..$1,063,739,600 $ 7,393.200
., l,042.or7.2')0
11,794.5110
Circulation
Igal tenders ......
Specie
Reserve
Reserve .required .. .
Surplus .'
Kx-U. 8. -deposits..
4tl,0.i7M
68,900
82.100
4.287.200
4,Sfi0.3(0
2.94S,K2."i
1.420,475
1,430.000
81,638.100
181,745,600
203, 383. 7O0
20O.514.3oO
2. 8119. 40)
6.447.650
SAN FRANCISCO QUOTATIONS.
Prices Paid-for' Products In the Bay City
Markets.
SAN FRANCISCO, Sept. 1. The following
prices were quoted In the produce market to
day: FRUIT Apples, choice. 90c; common, 3&o;
bananas, 75clf$3.25; Mexican limes, $56;
California lemons, choice, $6; common, $4;
oranges, navel, $1.754; pineapples, $1.50
2.50.
VEGETABLES-Cucumbers, 25340c; garlic,
3c; green peas; 3fi' 4c; string beans, SVjQ
SMic: tomatoes, 1040c; egg plant, 40c; okra,
6015 75c.
EGGS Store, 18ji25c; fancy ranch, 2l)c.-
POTATOES Early Rose, 7080o; River
Burbanks. $1.10; Salinas Burbanks, $1.3591.50;
sweets. 2 He; Oregon Burbanks. 75fr85c.
POULTRY Roosters, old, $3.50g4; young
roosters. $57.50: broilers, small, $2.503.50;
broilers, large, $3.504; fryers, $45; hens,
$4.506.n0; ducks, young, $35.
BUTTER Fancy creamery, 27o; erea.mery
seconds, .22c; fancy dairy. HAc; dairy-, sec
onds. 20c; pickled, 1818 '4c
CHEESE . . Young America, 13c; Eastern,
2oc; Western, 15c. '
WOOL Fall, Humboldt and Mendocino, U(if
18c; mountain. 9llc; South Plains and San
Joaquin, llc.
MILLSTUFFS Bran; $18.5010.50; mid
dlings, $2l'29.50.
HAY Wheat, $1217.50; wheat and oats,
$10T12; barley, nominal: alfalfa, $710.50;
stock,. $7Ci 8: straw, 30&550 per bale.
RECEIPTS Flour, 22,581 quarter sacks;
wheat, 512 centals; barley, 70,103 centals;
oats, 285 centals; corn, 1O03 centals; potatoes,
185 sacks; bran, 165 sacks; middlings, 100
sacks; hay. 15i!4 tons; wool, 5 bales, hides, tis.
FLOUR California family extras. $4.65
5.10; bakers' extras, $4 304.60; Oregon and
Washington. $3.75 4. 25.
' Dried Fruit at New York.
NEW YORK, Sept. l.-Evaporated apples,
easy; futures offering quite freely at recent
prices. Prime, 10c: choice, lOHc; fancy, 11c.
Prunes, unchanged. Spot. 7H8ltc, ac
cording to grade.
Apricots, firm. Choice, 16c; extra choice,
17c: fancy, 18fi20c.
Peaches, unchanged. Choice, 10(8llc; ex
tra choice. Ufe'llc; fancy. ll12c; extra
fancy. 12r& 12 '.-.c.
Raisins in eteady demand. Loose musca
tel. 6HtFTc; seeded, 6&8c; London layers,
nominal.
Metal Markets.
NEW YORK, Sept. 1. There were no' fresh
developments in 'the various metal markets
and trading was quiet aa usual in the ab
sence of cables.
Tin was quoted at 40.5041c.
Copper continued firm at 18. 75fj 19.05c for
lake. 18.50 18.750 for electrolytic and 18.25
18.50c for casting.
Lead waa firm at 5. 75 5. 90c and spelter
at 6 6-10c.
Iron waa firm at recent prices.
Dairy Produce In the East.
CHICAGO. Sept. 1. On the produce ex
change today the "butter market waa steady.
Creameries. 19623c; dairies, 17ff201c.
Eggs Firm. At mark cases included, I2H
16c; firsts, 17&c; prime firsts, 19$21c; ex
tras, 21c,
Cheese Easier, llm4o.
Coffee.
NEW YORK, Sept. 1. Coffee futures
closed steady at a net decline of 5 rg10
points. Sales, 16.000 bags, including: Sep
tember, 6.15.20c; December, 6.40c; May,
6.70 6.75c; June, 6.85c; July. 6.85c; August,
8.90c. Spot Rio, quiet; No. T invoice, 89ic;
Cordova, 9(gil2Hc
- Wool at St. Louis.
ST. LOUIS. Sept. 1. Wool Steady; ter
ritory and Western mediums, 24-g28c; fine
medium, 1822c; fine, 14rrjl7c.
Cotton Brokers Take Holiday.
NEW YORK. Sept. 1. Holiday on the cot
ton exchange today and next Monday, Labor
day.
, Elgin Butter Market.
ELGIN, 111., Sept. 1. Butter, firm at 24c
a aound. The output for the week was 749,700
pounds.
MONEY SUPPLY
ow
Threatened Stringency at New
York Must Soon Be Relieved.
QUESTION OF THE WEEK
Assistance Kxpected to Come in the
Way of Gold Imports Stock
Trading on a Smaller
Scale Yesterday.
NEW YORK, Sept. 1. (Special.) The tore
most question of this week's market has been
the question of the money supply, and it can
not be said that the week ends with any
more light on the subject than It began. The
drain upon the already meager surplus bank
reserves has kept on heavily. The Sub-Treasury
has taken in considerably more for cus
toms and internal revenue than 'it has paid
out on account. Currency shipments to the
West and South, while by no means as large
as they will be a month hence, have still
reached a very respectable total. At the
same time the failure of the Real Estate
Trust Company at Philadelphia, although hav
ing no, serious results, has had some effect
upon transfers to that city. These causes
operating together have Intensified the strain
upon the local money market. Call money,
which a week ago was -lending at 5 and 6
per cent on the Stock Exchange, yesterday
was as high as 12. The demand for time loans
at 6 per cent and a commission, and in some,
instances up to 7, has become more acute.
In a word, the situation has reached the stage
where assistance to the local banks Is an im
mediate necessity. -
As is well enough realized, relief for- the
threatened stringency must take one or more
of these forms, gold Imports, conversion for
market use of a part of the Treasury surplus
or retrenchment, more or less violent, of spec
ulative conditions on the stock market.
At the close of the week, gold Imports a're
the one of the three which the great major
ity of those In the financial district are count
ing upon. Rates for exchange have had a
remarkable fall and only on a very few oc
casions in recent years have they touched so
low a level. This decline has not come aooui
through any great excess ot merchandise ex
Dorta. The last few statements -have' tn fact
showed a shrinkage In the current balance of
the foreign trade. The downward movement
is entirely a result of an urgent bid for for
eign capital, and the fail in rates, under -this
influence, has testified to the peculiar need ex
isting in our money market situation.
Business was on a smaller scale than In
the preceding week, but still sufficiently largo
to Justify the belief that the controlling pow
ers have yet larger quantities of stock, to un
load. The Harriman Issues soared to nigner
flights and with them St. Paul, Atchison and
some other issues of lesser prominence. The
Hill stocks were also well to the fore, inouen
definite details regarding the much discussed
ore deal with the United States Steel cor
poration are still lackins. ' '
The all-important factor was the money
situation and evidence a-plenty was at hand
to show that conditions had undergone no
change for the' better. In addition ' to the
natural drain upon the weakened resources
this week, there wers fairly large shipments
of gold to Canada. The Philadelphia episode.
coming soon after similar occurrences in sev
eral .large cities, offered food for serious
reflection, although Its effect happily is al
most altogether local.
Another cause for the tightening of money
toward end of the week lay In preparations
that were making for big dividend and
interest payments by some- three-score
railway and industrial corporations: These
disbursements were estimated at upwards- of
$32,000,000 and include the Standard Oil.
Baltimore & Ohio. Illinois Central and Amer
ican Tobacco dividends.
. Sentiment Is Variable.
Sentiment in Wall street Is variable as
the winds and the adverse influences men
tioned, together with the market's late re
actionary tendency, doubtless caused a lot
of people to ask themselves: Is the present
state of American prosperity and wealth un
precedented after all? The answer to this
is that crop conditions continue very faVor
able. railroad earnings very large, reports
from various Industrial centers highly en
couraging and what is probably a better
barometer than all else the commercial out
look was seldom before so good.
The market took on a political tinge to
ward the end of the week with the return
of Mr. Bryan and there was no little curi
osity to know what the eandldate of two
Presidential campaigns might have -to 'say
on the Issues of the day. His' first formal
utterances were not of a character to ' give
great encouragement - to theflnancla! com
munity. '.-'- ' .
The bond market ruled dull and uninter
esting, though hopes for early better condi
tions -were expressed. No news developed
during the week regarding the reported plan
ot the Government to retire a part .of the 4
per cents ot 1007. It seemed to be the
opinion of shrewd observers that no small
part of the recently-acquired speculative
profits would soon be put Into purchases of
bonds of the better class. Cuban bonds
made a sharp decline during the week, but
recovered almost all their loss at the close.
In Government bonds the 2s registered and
coupons advanced per cent, with an' ad
vance of 1 per cent in the new 4a.
Extreme dullness marked the course of
today's brief cession on the exchange. The
attendance of traders was much below the
average, a great many having apparently
availed themselves of the approaching holi
day to leave town. Those who remained fol
lowed the London market, which reached a
slightly higher range for American securities.
Concern Over Bank Statement.
The halting tone of the market waa doubt
less due largely to concern regarding the
showing of the associated banks in their
eekly returns. The known movement of
money for the week, as shown in yesterday's
preliminary eetimatea, strongly suggested a
complete wiping out of the legal reserves,
but it was hoped that the large amount of
foreign loans placed here at the higher rates
for call and time accommodatlqna would prove
an offset to this drain. Some comment was
provoked by the statement contained in the
monthly circular of a prominent financial In
stitution, which offered suggestions for the
relief of the money market and again urged
the Government at Washington to anticipate
the retirement of at least a part of the 4
per cent bonds of 1007.
Just as on the previous day, Union Pacific
was again the leader, If so dull a market
could ' be said to have one. Union Pacific
opened close to Its record price and before the
end of the first hour established a higher
price than before. St. Paul also exhibited
much strength and again there waa a general
disposition to couple the movements of those
stock aa a part of some colossal deal. New
York Central also made a material advance
at about thts time.
The bank statement exceeded the most san
guine expectations, loans decreasing about
$7,400,000 with the cash loss much below gen
eral estimates. This showing leaves the ex
cess reserves at $2,869,000, as against $5,600,
000 in the corresponding week last year.
The list became much more animated on
the publication of the statement, with a gen
eral upward movement. Union Pacific ad
vancing to 194, but closing at a fraction
al decline. This represents a net rise of over
80 points since August 17, the date of the
Pacific dividend announcement. The final
trading disclosed some realizing of profits, but
the tone was fairly strong.
Returns of the Louisville A Nashville road
for July showed a gain of over $100,000 in net
earnings, while those of the Rock Island sys
tem for the same period Increased almost
$375,000. Bank clearings throughout the
country for the week increased over 25 per
cent. Sales of stocks in the exchange ex
ceeded those of the month last year by over
11.600,000 shares, though bond sales decreased
over $33,000,000. Total sales of bonds today,
par value, $720,000.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. Low. bid.
Adams Express 275
Amalgam. Copper. . 40,200
Am. Car sV Foundry iKX
do preferred..'...
Amer. Cotton Oil.. ......
do preferred
American Express
11014
40-JS
109
1105
40 -ig
31
yo
2(i2
30
79
19
40
72
112
lu7(4
116
1
loo
27914
1W1,
10014
142
H:J
92
7u-i.
173
228
Wi'ti
101
U4-,8
17-4
211
177.A
12
27
Am. Ha. c Lt. pi.
American Ice
Amer. Linseed OIL
do preferred
Amer. Locomotive.
do preferred.....
Am. Smelt. & Refi.
do preferred
Am. Sugar Refining
Amer. Tobacco pfd.
Anaconda Min. Co.
2,500 80 79 A
'"400 "72" 'n
"e.i'iio isivi isovi
' IOO 117 117 .
3,000 136 136
's.OuO 2Si" 278
18,000 lvl 106
" "foo Hi" . 142
do preferred
Atlantic Coast Line
Baltimore & Ohio.
do preferred...'..
1,00 UHhi'
Brook. Rap. Transit 2.SO0
Canadian Pacific . . 7O0
Cent, of N. Jersey
Central Leather
do preferred
Chesapeake at Ohio 3,300
CM. Gt. Western..
Chi. & Northwest 1,100
Chi., Mil. & St. P. 19,000
Chi. Term. & Tran
do preferred
7vs
174 Vi
10-4
173
64
212
177H
211
176'4
C. C. C. & St. U
Colo. Fuel & Iron..
Colo. & Southern..
do 1st preferred..
do 2d preferred..
Consolidated Gas. . .
Corn Products ....
do preferred
Delaw. c Hudson.
Del., Lack. & Wes.
Den. A Kio Grande
do preferred
Diatlllero Securltlea
Erie
do 1st preferred. .
General Electric . .
Gt. Northern pfd..
Hocking Valley ...
Illinois Central ...
Int. Met.
do preferred
International Paper
do preferred
International Pump
do preferred
Iowa Central
do preferred
Kansas City South.
do preferred
Louis. & Nashville
Mexican Central . . .
Minn. &. St. Louirt.
M., St. P. & S.S.M.
do preferred'
Missouri Pacific . . .
Mo., Kan. & Texas
do preferred
National Lead ....
Mex. Nt. R. R. pf.
New York Central.
4M
2.2"0
loo
05 4 W.
56 '.4 55 5t
S7-Si 37 37
69 69
AO
139
20 19 ilivs
76
217-14 S17 217
&U5
44 43 . 43
86 86 86
61 61 Vi 61
4ii 45 40
72 72 71
ll!S Hia ll7
331 327 ;l.!"
127
173
38 38 37;
1
200
600
' iii)
UK)
9M)
l,tH
100
:hn
9. 000
' 4 00
18
83
48
84
20
61
2H
58
14H
21
70
154
170
7
36
71
78
45
145
50
1)3
. 0
216
92
38
142
o
83
53
!
250
137
89
90
3t)i4
'
27
04
100
77
43
24
59
92
118 '
3K
99
1311
5
194
800 83
10O
UK)
21 K)
2n()
1, WO
100
' 1(10
3)0
5, loO
' 2fi I
2. 111!)
2O0
2.31IO
29
52
' 28
57
14,x
21
155
17"
6
'70
7S
45
143
4!
3
52 -28
'
58
H'.l
21
155
171
98
'ii"
78
45
14U
61
93
N. Y., Ont. Wes. 3..KIO
Norfolk & Western 1,300
do preferred.'
Northern Pacific
North American
lO.ouO' 217 214
Pacific Mail
Pennsylvania 22,200
People's Gas
P.; C, C- & St. L
Pressed Steel Car.. 800
do preferred '
Pullman Pal. Car. l.loo
Reading .. 16.2O0
do 1st preferred.-
do 2d preferred. . ......
142 141
53 53
250
138
250
136
Republic Steel ....
do preferred . . . .".
Rock Island Co....
. do preferred
Rubber. Goods pfd.
Schloss-Sheff ield . .
St. L. & S. F. 2 pf.
St. Louis Southwea.
do preferred
Southern Pacific ..
do preferred
Southern Railway..
do preferred
Tcnn. Coal & Iron
Texas & Pacifier.
Tol., St. U & Wes.
do preferred.'....
Union Pacific ....
do preferred .....
IT. S. Express
U. S.. Realty
U. S. Rubber
do preferred
U. S. Steel
do preferred . . :
Vlrg.-Caro. Chem..
do preferred
Wabash ,
do preferred
Wells-Fargo Exp.:
M'estlnghouse Eleci
Western Union . . .
60O
10O
2.4fH
400
3(1
9
27
65.
29
99
27
-65
.-.-20O 25' 25
4H0 61 JO
16,100 01i 90
:i,30O 38 '37
"'IOO '34 '34
' 2IK) S3 33'
2llO 52 52
16.500 194 191
2.SOO 135 135"
""200 " 45
20O 1118 108
13.HO0 4H 46
4,100 1117 106
3O0 39 39
"500 '20 '20"
200 45 45 '
"200 iia" ' 152 ''
1,1100 -91 ' 91
132
75
45
108
46
17
38
loO
20
44
21K)
133
91
Wheel. & L. Erie
Wisconsin Central
do preferred 200
Total sales for the" day.
IK
51 61&
shares.
61
435,900
BONDS.
NEW YORK, Sept. 1. Closing quotations:
U. S. ref. 2s reg. 104 ID. A R. G. 4s... 39
do coupon...-. 104 ;N. Y. C. O. 3s. 92
U. S. 3s reg. . .-. 103 Nor. Pacific 3s. . 7.1
do coupon .... ltKt 4 iNor. Pacific 4s.. 103
U. S. new 4s reg.131 !so. Pacific 4s. .. 92
do coupon. .. .131 Ifnion Pacific 4s. 103
,U. B. old 4s reg.K2ijWis. Central 4s.. 90
,( do coupon 103ljap. s, 2d ser. . 9!l
Atchison AdJ. 4s 96;jap. 4s. cer 90
Btocks at Ijondon.
LONDON. Sept.
87 7-16; consols for
Anaconda '. 14
Atchison ....... 11
do preferred. . 103
Baltimore & O. .121
Can. Pacific 178
Ches. & Ohio. .,,66
C. Gt. Western. 1U
1. Consols for money,
account, -87 11-16.
!N. Y. Central..
.148 '
. -W
. 93
. 51
. 73
6
. 70
. 39
. 103
. 93
.197
. 98
. 47
.110
. 21
.' 47
;NorfoIk A West
I do preferred..
!Ontarlo & West
IPennsylvanla ..
y rtano Mines....
iReacllng
C, M. St. P. -1S3
So. Kallway . . . ,
De Beers . .
- do preferred..
!So. Pacific. .
:Union Pacific...
D. & R. Grande
do preferred.
Erie
do 1st pref . ..
do 2d pref. . ..
! do preferred..
U. S. Steel
'. do preferred..
Wabash
. , do preferred..
Illinois Central. 180
Louis. & Nash.. 154
Mo., Kas. & T. .'37
PORTLAND STOCK EXCHANGE.
galea and Prices Bid and Asked on the
Local Board.
Sales on the stock exchangi
ge yesterday were
61,000 shares- of Lees Creek
Gold at 1 and
1000 shares of Tacoma Steel
at 11. Official
prices follow:
Bank Stocks
Bank of California.. ,
Merchants' National
Oregon Trust & Savings...
United States' National
Portland Trust Co
Bankers' & Lumbermen's...
Miscellaneous Stock--
Lesser Mfg
Campbell's- Gas Burner
Union Oils
Associated Oil
Aluska Packers' Ass'n
Pucitic States Tel ,
Home Tel
U, llnimH T.l . . . .
Bid. Asked.
. 3153 S70
. 122 ....
130
.205
. ... 12 '
, ... 1113
.156
. ... 5
. 2i)l 205
, 39 41
. 67 ....
. ... list
38 50
. ... 50
. ... 1,0ml
. . . . 40
.110
150
. 100 103
2o 25
2 2
. 65 68
16 .17
. 4.8
. 11 12
6 7
. 232 ....
1 1
. 11 12
. ... 4
3 6
T4 1
. A
- 5i
4 5
i i
18 30
14 20
825
... 34
3 ....
5
25
Oivgori Life Ins..
Cement Products
Empire Contracting Co
J. C. Lee C
O. R. & N. Ry. 4s
Merlin Townsite
Nicola Ccal
International Coal
Mining Stocks
Alaska Petroleum
Alaska Pioneer
Standard Con -.
Or gon Securities
Snowstorm 1.....
Lees Cree,k Gold..-.
Tttcoma Steel -
Galtce Con
Gallaher
Golden Rule Con
Bullfrrg Terrible
t lnl-rtntn
North Fairvlew -
l.o Roy
Hiawatha '
Casradia
Lucky Boy
Hecla
Rambler Cariboo
Dixie Meadows .
Great Northern
Mountain View
Sutcar Stocks
Hawaiian Com
Honokea
Hutchinson
Makaweli
87
13
14
-35
33
18
50
14
-36 .
34
19
Onomea
Paauhau
Union
Money, Exchange. Etc
NEW YORK, Sept. I. Money on call. nom.
Inal; no loans. Time loans, strong, 60 and
90 days, 7 per cent; six months, 6 per cent
bid, none om-erea. r-rime mercantile paper,
6fe7 per cent.
Sterling exchange, steady; $4.8325(if4.8335 for
demand and at $4.8015r$4.802O for 60-day bills.
Posted rates, $4.81&4.83 and $4.844.85.
Commercial bills, $4.79-o'4.79.
Bar silver. 66c.
Mexican dollars, 51 c.
Bonds Government, weak; railroad, easy.
LONDON, v Sept I. Bar sliver, steady,
30 15-16d per ounce.
Money, 2!ff2 per cent.
The rate of discount in the open market for
short bills Is 3 per cent; do for three months'
bills, 3 7-163 per cent.
SAN FRANCISCO, Sept. 1. Silver bars,'
66-Uc.
Mexican dollars, 53 c.
Draft Sight. 2c.
Sterling on London Sixty days, $4.80; do
sight, $4.83 .
Milwaukle Country Club.
Eastern and Seattle races. Take Sell
wood or Oregon City car, starting from
First and Alder streets.
DOWNING-HOPKINS CO.
Established 1893 '
BROKERS
STOCKS, BONDS, GRAIN
Bought and sold tor cash and on margin.
Private Wires ROOM 4, CHAMBER OF COMMERCE Phone Main 37
BUYING IS ACTIVE
September Option in Demand
. at Chicago.
ADVANCES NEARLY. A CENT
Deliveries Fall Two Million Bushels
Older the Estimate: Causes a
. Steadier Tone in the. More
Distant Months.
CHICAtJO. Sept. 1. Interest in the wheat
pit today centered In the amount of wheat
delivered on September contracts. Early la
the day estimates, supposedly conservative,
placed the amount of this wheat at 5,000.000
bushels, bur the -actual deliveries fell short
of this amount by about 2,000,000. The dif
ference between the estimates and the actual
deliveries caused active buying of the Sep
tember option throughout the entire session
and resulted in an advance of nearly Jc on the
September delivery. The strength of the
current month' had a steadying effect on the
more distant deliveries, which were bear
lshly affected by lower cables and generally
favorable weather In the Spring wheat terri
tory. Shorts and elevator Interests were the
chief bidders for September. The market
closed firm. December opened "to
c higher at 73tj74c, sold between 73c
and 74 c and closer c up at 7374c.
Sentiment In the corn pit was bearish, but
the market was held steady by the smallnesa
of the deliveries on .September contracts. The
market closed steady. December opened a
shade lower at 41c, sold between 43tp
43c, and closed unchanged at 43c
Dellvery of oats on September contracts
amounted to about 500,000 bushels. which
was about one-half of the previous estimates.
The market closed strong. December opened
a shade to c higher at 3u to 3031c,
sold up to 31o31Hc and closed up a at the
top price.
Provisions were extremely quiet but Arm.
A 5-eent advance in the price of live hogs
supported' the bulls. At the close, September
pork was up a shade at 416.Kotj 16.02. Lard
was up a shade at XS.7768.SO. Ribs were
5c higher at $S.S2.
The leading futures ranged aa follows:
WHEAT.
Open. High.
.$ .70ft $ .71
. .74 .74
.' .78
CORN. ,.
. .47 .474
. .411 .43
. .44 .44
OATS.
Low.
$ .70
.73
Close.
$ .71
.73
.78
September
December ,
May
September
December .
May
.47
.43
.44
.2!
.311
.33
.474
.43ii
.44
September
December
May
-2!H
.31
.33
.3(1
.31
.33
.311
.31
.33
MESS PORK.
.16.00 16.02 16.85
September
January .. .-.
in.n2
LARD.
September
October . .
November
January . .
8.
H.bo
8.80
B.DO
8.75
8.85
8.75
H.90
8.70
7.7
7.92 7.02 7.92
SHORT RIBS.
September ... 8.75 8.80 8.75 8.SO
October 8.70 8.72 8.70 8.72
January 7.25 7.25 7 22 T.25
i Cash Quotations were as followa:
piour Steady; Winter patents, $3.303.60;
straights, $3.103.40; Springs, patents, $3.70
63.80; straights. $3.303.0; bakers. $2.30
2.80.
Wheat No. 2 Spring, 75c; No. 3. 71fi74c;
No. 2 red, 70(g71c.
Corn No. 2, 48c; No. 2 yellow, 48ic.
Oats No. 2. 3oc; No. 2 white, 32ft33c:
No. 3 white, 29632o.
Rye No. 2, 5556c-
Barley Fair to choice malting, 4048c.
Flaxseed No. 1, $1.06; No. 1 Northwest
ern, $1.18.
Clover Contract grades, $12.
Short ribs sides Loose. $8.7068.80.
Mess pork Per barrel. $16.85.
Lard Per 100 pounds, $8.82.
Short clear sldes Boxed, $'J(g9.12.
Whisky Basis of high wines, $1.20.
Receipts.
Shipments.
32. WK)
265. 300
122.8H0
2OB.700
3.7HO
6, IOO
Flour, barrels
Wheat, bushels
Corn, buwhels
Oats, bushels ..
Rye. bushels
Barley, bushels
24,,'KM)
. . . 77.000
...376.80
. . .304.500
. . . 6.000
... 46,200
Grain and Produce at New York.
NEW YORK, Sept. 1. Flour Receipts,
21.000 barrels; exports, 5512 barrels. Dull
but steady. Minnesota patents, $4.104.4O;
Minnesota bakers, $3.403.80; Winter pat
ents, $3.7ui4-15; Winter straights, $3.50(9
3.65; Winter extras, $2. 85 3.25; Winter low
grades, $2.7363.20.
Wheat Receipts, 89,300 bushels. Spot,
tlrm; No. 2 red, 7794c elevator and 7894c
f. o. b. alloat; No. 1 Northern Duluth, 83 94 c
f. o- b. alloat; No. 2 hard Winter, 80c f. o. b.
alloat. Options were s'teady on light deliv
eries at Chicago and small Northwest re
ceipts, showing &9c net advance. The
close was as follows: May, 84 9c; Septem
ber, 7094c; December. S19bC.
Hops Quiet. Pacific Coast 1905, )3(&18c;
1904, 12c.
Hides Steady. California. 20&25 pounds,
21c; Texas. 246'30 pounds, 19c.
Petroleum Quiet. Refined New York,
7.30c; Philadelphia and Baltimore, 7.45c;
Philadelphia and Baltimore In bulk, 7.50c.
Sugar Holiday.
Grain at Ban Francisco.
SAN FRANCISCO, Sept. 1. Wheat, quiet;
barley, easy.
Spot Quotations:
Wheat Shipping, $1.27(8 1.30; milling,
$1.32S1.40.
Barley Feed, $181.05; brewing, $1.0551.10.
Oats Red, $1.151.40.
Call-Board sales:
Wheat December, $1.244.
Barley December. 99c.
Corn Large yellow, $1.40iS'1.42.
European Grain Markets.
LONDON. Sept. 1. Cargoes, quiet; Pacific
Coast, prompt shipment, 30s 3d. English
country markets, quiet and steady; generally
cheaper; French, quiet, .
LIVERPOOL, Sept. 1. Wheat September,
6sld; December, 6s Sd; March, nominal.
The weather in England is fine and warm.
Minneapolis Wheat Market.
MINNEAPOLIS, Sept 1 Wheat Sep
tember. 724 72 94c; December, 729472c;
May, 76c; No. 1 hard, 77c; No. 1 North
ern, 76c; No. 2 Northern. 74 c; No. S North
ern, 71.72o.
LIVESTOCK MARKETS.
Prices Current Loeallr on Cattle. Sheep and
I Hogs.
The following livestock prices were quoted
tn the local market today:
CATTLE Best steers. $3.503.65; medium,
$3ff3.25: cows, $2.232.50; second-grade cows,
$1.5'i'n2: bulls. $1.6mp?2; calves, $494.60.
SHEEP Best sheared. $4ff4.25; lambs. $5.
HOGS Best. $7T.2S; light, $6.767; stock
hogs, $6.60.
Sheep Sold in Sumpter.
During the early part of the week, says the
Sumpter American, two sheep sales were made
in this city through Cato Johns, whereby Mo
Cabe Bros, and Pat Dougherty., who have
several bands of sheep now In range territory
about Sumpter, sold their flocks to Mr. Pal
mer, representing Salt Lake people. The price
per head or the number of head was not dis
closed, though the transaction Is said to havs
aggregated In excess of $20,000 spot cash.
John Day Cattle Sales.
Walter Brown, of Iree, bought 1000 head
of cattle In John Day Valley la.it week, pay
ing $15 for yearling steers, $23 for 2-year-olds,
$30 for 3 and 4-year-olds and $20 for
fat cows, says the North Powder News.
EASTERN LIVESTOCK. .
Prices Current at Kansas City. Chlcage and
Omaha.
SOUTH OMAHA, Sept. 1. Cattle Receipts
100; market unchanged.
Hogs Receipts. 6000; market, 5c higher;
hfavy, $5.6o$t5.9): mixed. $5.751i 5.90; light.
$5.95g6.15; pigs. $585.90; bulk of sales, $5.73
65.95.
' Sheep Receipts 12.000: market, steady;
yearlings.' 5 5(14; n: wethers. $4,804)3.50; nw,
41j5 25;, lambs. $6.4oj7.50.
KANSAS CITY; Mo.. Sept. 1. Cattle Re
ceipts. 100: market unchanged.
Hogs Receipts 20.000: market. 6c higher;
bulk of sales. $6.2tKh8.35; heavy. $5.U5ft6.1Q;
packers, $6.056.25; pigs and lights. $6 loyi
6.37.
Sheep No market.
CHICAGO. Sept. 1. Cattle Receipts. 400j
steady; beeves, $3. 856.80; Mockers and feed
ers. $2.304.25; cows and heifers, $1.35!5.2o;
calves. $5.6O7.50.
Hogs Receipts today 8000: strong to 6o
higher; mixed and butchers,' $5.0O6.47 ;
good to choice heavy. $5.956.40; rough heavy,
$5.45'g5.75; light. $5.9566.50; pigs, $5.3088.20;
bulk of sales, $5.95!Q6.40.
Sheep Receipts 2H0O; strong; sheep, $3.15
6.25; lambs, I4.50U7.75.
Mining Blocks.
SAN FRANCISCO, Sept. 1. The official
closing quotations for mining stocks today
were as follows:
Alpha Con $ .08
Andes 06
Belcher 21
Best & Belcher .90
Bullion 19
Caledonia 28
Challenge Con. .13
Chollar It
Confidence . . . .06
Con. Cal. & V. .86
Con. Imperial. .01
Crown Point. . .07
Exchequer 50
Gould & Curry .15
Hale 4c Nor. . . 1.IM1
Julia 08
NEW YORK, Sept?
Adams Con....$ .20
Alice 2.25
Breece 20
Brunswick C. . .30
Comstock Tun. .16
Con. Cal. & V. .95
Horn Sliver... 1.9.1
Iron Silver. . . . 6.50
Leadvllle Con. .03
Justice $ .04
Kentucky Con.. .03
Mexican " .85
Occidental Con. .75
Ophlr 3.50
Overman ...... .It
Potosl l'J
Savage 1.10
Hcorplon 07
Heg. Belcher. . . .03
Sierra Nevada. .19
Silver Hill 80
Standard 1.50
lUnlon Con 37
l'tah Con 03
lYellow Jacket.. .20
1. Closing quotations:
ILittle Chief. ...$ .05
Ontario 2.50
lOphlr 3.53
Phoenix 02
Potosl 10
Savage lir
Sierra Nevada. .2tl
Small Hopes... .:to
Standard ....
1.50
BOSTON, Sept. 1. Closing quotations:
Adventure ..$ 6.00 JMont. C. & C.$ 2.50
Allouex 34.00 Old Dominion 40.00
Amalgamatd 110. 12 Osceola 111.50
Atlantic 13.30 'Parrot 2-"i.0O
Bingham ... 31.50 Qulncy 91.06
Cal. & Hecla 740.00 Shannon .... fl.12
Centennial .. 34.25 jTamarack . . 98.00
Cop. Range. 77.73 (Trinity 8.50
Daly West.. 111.75 iUnited Cop.. 62.62
Franklin ... 20 73 IT. S. Mining. 58 01)
Granny 1I.87IU. 8. Oil 9.50
Greene Con. 25.00 Utah 60.2.1
Isle Royale. 19.00 (Victoria 6D..10
Mass. Mining 8.50 iWlnona 7.5i
Michigan ... 13.00 'Wolverine .. 159.00
Mohawk 61.00 I
FINDS CANCER BACILLUS
In Mllldew on Plants German Doc
tor Thinks lie Has Specific.
BERLIN, Sept. 1. Dr. Schmidt, of
Colon, has succeeded In making cultures
of the cancer bacclllus in a certain mil
dew formine; on plants. When trans
ferred to animuls the baccllus caused gen
uine cancer.
In an Interview with the correspondent
of the Lokal Anzejger, Dr. Schmidt said:
"I am the first man to prove that can
cer can be artificially produced on ani
mals." Dr. Schmidt showed the correspondent
several animals with cancer communi
cated through injection. He declared
that a remedy for cancer was now pos
sible. Since he discovered the bacillus.
Dr. Schmidt has been experimenting with
the remedy, which has given good re
sults, but apparently a cure 4s only pos
sible when the case Is little advanced.
Where the ulceration was old, however,
the disease was brought to a standstill,
and the condition of the patient showed
great improvement. Dr. Schmidt appar
ently has not told what his remedy is,
but It is not a serum.
Physicians maintain a cautious attitude
toward Dr. Schmidt's discovery.
Klver Rises 42 Feet In Day.
RIj PASO. Texas, Sept. 1. The Nasas
Riveri between Gomez Palaeio and Lerdo.
Mexico, on the line of the Mexican Cen
tral railroad, has risen 42 feet In the last
24 hours, and the inhabitants of two
towns are fleeing to the hills, fearing
that the cities will be swept away.
Spanish Strikers Return to 'Work.
MADRID. Sept. 1. Official dis
patches received here today announce
that the strikes In the Santander mine
districts are generally ending, and that
the men are returning to work. At Bil
bao, however, the situation is still
critical.
LOUIS J. WILDE
DIVIDEND
BANK AND
CORPORATION
STOCKS
MUNICIPAL.
SCHOOL AND
CORPORATION
BONDS
Partland Horns Telephone Tl
graph Securities.
HIGHEST RBTTJRN8 to InTtor
Consistent with ABSOLUTS SAFETY.
Rooms S. 4 and 6, Lafayette Bids,
Cor. Sixth and Washington Sts.
Portland, Oregon,
Every Woman
nintarsffiea ana noma mow
about the wonderful
MARVEL Whirling Spray
i new Tattasl Syria. Jnjee
ton and Xurticm. best Sat.
est Most ConTentent.
Ask reer 4rnM Hr ft.
If he cannot supply tbo
MilVR L.. eooent no
other, but send stamp for
tall parttottlsrs and dlr irtioni 1
Tftlu&bletolarties. ni RVEL
44 jc a4 t., xmw ion
Woodard, Clarke A Co., Portland, Oregon.
8. G. Skldmore A Co., 151 Sd.. Portland.
PEflflYROYAL-PILLS
Aln.rar.ll.bl.. l.rndlM. a DrafTM
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