The Sunday Oregonian. (Portland, Ore.) 1881-current, September 09, 1906, PART THREE, Image 35

The Sunday Oregonian., September 09, 1906, PART THREE, Page 35, Image 35

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Newspaper Page TextTHE SUNDAY OREGOXIAX. PORTLAND, SEPTEMBER 9, 1906. 33 E T California Will Ship 5000 Cars Less Than Last Year. DUALITY WILL BE GOOD Tim Tearson Reports on the Citrus Industry in the Southern State. Lemon Proposition Is Serious. Sweet Potatoes Plenty. CITRUS FRUITS Short crop of oranges end lemon In California. FRESH FRUIT Receipts of peaches small but sufficient. HOPS No movement In local market. PROVISIONS Lower prices expect ed. EGGS Firm but unchanged. POULTRY Receipts are light. BUTTER Market in strong shape. DRIED FRUITS Peaches advance a cent. The orange crop of California will be about B000 cars short this year, ac cording; to T. Pearson, of the Pearson Page Company, who returned yester day from a trip through the orange sections of that state. "The shrinkage In tlie yield," said Jlr. Pearson, "Is more noticeable in Southern California proper. From Kern County north the bearing acre ape will show an Increase, and Tulare, with the new acreage that will come into bearing, will have 400 cars more than last year, but in the southern districts the shortage will be marked. Kstlmates of the California crop this year are from 20,000 to 22.000 cars. At this time last year the crop was esti mated at 28,000, but the real produc tion fell to 25,000 cars. "The quality is going to run very fine and as the fruit is thin on the trees, the sizes will be large. The growers are anticipating stiff prices from the start. They are not contract ing and will not quote any prices ex cept on an advance of 35 to 50 cents over last year. Their hopes will prob ably be realized, unless the heavy Cali fornia crop should make a difference In the Eastern markets. "The lemon proposition Is a serious one for the California growers. The crop of Summer lemons was practical ly a fuilure, as the fruit fell oft the trees when it got to the size of wal nuts. There will be no lemons to ship before April or May. The market is very strong, with higher prices being realieed in California than here. P. o. b. quotations at Los Angeles on fancy stock now are up to 6.50. "The output of sweet potatoes In the state will be as heavy or heavier than last year. The crop Is turning out light,, but the new acreage will make up the difference. The Turlock crop will be a little less than normal, but the new acreage there Is heavy. In the Merced and Atwater districts the yield will be very light. The quality is fine In all parts of the state. "The walnut crop In California will also be light and every one was sur prised at the low opening price made by the association. The indications certainly are that the walnut market will not go any lower." HOP MARKET IXACTIVE. Buyers and Sellers Awaiting Result of Harvest English Advices. Until a large part of the hop crop of the state is in the bale, no extended movement in the market is expected. Most dealers are well supplied with contracted hops and are waiting now to see how the crop turns out. Growers are not seeking a market at present. The following circular letter has been received from 'Wild, Neame & Co., hop factors of London, under date of August 24: . "Since our last there has' been some Improvement in those gardens that have been thoroughly well farmed and 'washed. There is, however, a good deal of mould making its appearance In places which may still further re duce the crop. It is therefore Impos sible to say what the eventual output will reach. We fancy there will be rather more grown than is generally talked about the Government returns will probably show about 250,000 to 260,000 owts.; our own estimate is nearer 300,000. We look like getting some excellent quality, as the crops generally are small, with only a mod rate bine, so they get plenty of sun and have every opportunity to grow out. Rain would doubtless have added to the yield a fortnight ago. but It is now too late to do any good and the hops have held on better than ex pected. PROVISIONS ARE AVEAKEXIXG tower Prices on Hog Products Are Expected Soon. After a long period ot decidea strength, the provisions market Is beginning to show signs of weakness. No important changes have occurred In prices for about a month, but a decline seems to be Imminent. Eastern hogs are now much lower than they have been, and with a big corn crop in sight and lower wheat prices, cheaper provisions are bound to follow throughout the coun try. Live hogs continue high in the West, and It will probably be a long time be fore enough are raised to put a stop to shipments from the East. Packers are doing all they can to encourage the in dustry among farmers, but fear they will have to draw on Nebraska and states in that part of the country for a considerable time to come. DRIED FRUIT MARKET. Peaches Advance a Full Cent In a ' AVeek Raisins Firm. The market for dried peaches is very r ptrong. Prices have advanced a cent In the past week and show Indications of going higher. Raisins are also advano lng. There Is a good demand for evap orated apples, but the supply is large and prices rule low. The prune market is quoted flat, i Salt prices are very firm and packers report It difficult to supply the de mand. Enough Peaches for Demand. . Only- about 500 boxes of peaches reached Front street yesterday, but this prwvod sufficient for the light Saturday demand, and prices were unchanged. Other fruity were In sufficient supply all around. Rogue River watermelons are arriving more freely and meet with DRANG GROPSHOR good sale. Two cars of good bananas and two of poor ones arrived. Eastern Eggs Arrive. A car of Eastern eggs arrived yes terday and three or four more care are dne this week. This Influx has had a tendency to hold the market steady. Quo tations yesterday showed no change. Receipts of poultry were light, and the moderate inquiry enabled all dealers to clean up at usual rates. There were no new developments in the butter market. Bank Clearings. Bank clearances of the leading cities ot the Northwest yesterday were: Clearings. Balances. Portland 874.510 200.695 Seattle 1,800,435 237.084 Tacuma 640,038 94,62 Spokane tS24,81 44,861 Clearings of Portland, Seattle and Ta- coma for la e week were: Portland. Seattle. (Holiday) (Holiday) $1,174,082 $1,478,597 Tacoma. (Holiday) $ 749.401 659.082 804.221 685,098 , 546,638 Monday . . . Tuesday . . . Wednesday. Thursday , . Friday .... Saturday . 1,449,030 2.344.S2B 945.020 1,312,258 874,510 1.646,581 1,483,647 1.806.435 Totals $5,754,900 $8,819,789' $3,444,440 Clearings for the corresponding week in former years were: 1 Portland. Seattle. Tacoma. 1901 $2,479.91)5 $2,5.16.016 $1,142,146 1902 2.617.789 4.045,607 1,283.078 1903 3.188.083 3,951,337 1.809,347 1904 3,997.066 4,396.418 1,933,869 1905 4.266.124 B.146,527 2,935,590 PORTLAND QUOTATIONS. Grain, Flour, Feed, Etc. FLOUR Patents, $3.954.10 per barrel; straights, 3.103.60; clears. $3,106)3.25; Valley. $3.50fg:3.0; Dakota and hard wheat, patents. $56.60; clears, $4.104.25; gra ham, $3.50: whole wheat, $3.75: rye flour, local, $5; Eastern, $55.25; cornmeal. per bale, $1.902.29. WHEAT Club. 62g63c: bluestem, 653660; Valley. 65a18c: red. 60lc. OATS No. 1 white, $22-5023; gray, $21 G22 per ton. BARLEY Feed, $2021 per ton. brewing, $21.50S22; rolled, $22. RYE $1.35 per cwt. CORN Whole, $26; cracked, $27 per ton. MILLSTUFFS Bran, city. $16; country. $17 per ton; middlings, $2526; shorts, city. $17; country, $18 per ton; chop, U. S. Mills, $15.50; linseed dairy food, $18; Acalfa meal, $18 per ton. CEREAL FOODS Rolled oats, cream. 80 pound' sacks. $7; lower grades, $5.506.75; oatmeal, steel -cut. 50-pound sacks, $3 per barrel; 10-pound sacks, $4.25 per bale; oat meal (ground), 50-pound sacks, $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 sacks, $2.50 per bale. HAY Valley timothy. No. 1, $1011 jer ton; Eastern Oregon timothy, $1214, clover. $77.50; cheat, $77.50; grain Siajr. $7; alfalfa, $10; vetch hay. $7 7.50.. Vegetables, Fruits. Etc. DOMESTIC FRUITS Apples, common, 50 675c per box; fancy, $1.25 1 150; grapes, 50c ft $1.85 per crate; peaches, 75c(g$1.10, pears, GOc$l; plums, fancy, 25$p75c per box; com mon. 50f&75c: blackberries, 56c per pound; crab apples, $lg)1.25 per box. MELONS Cantaloupes, 50c$1.50 crate, watermelons. - lc per pound; casabas, $2.50 per dozen. TROPICAL FRUITS Lemons, $56.50 per box; oranges, Valenclas. $4.505; grape fruit, $4&4.50: pineapples, $34$4 per dosen; bananas, 5c per pound. FRESH VEGETABLES Beans. 57c; oabbage. Hi ft 2c per pound; celery, 90o per dozen; corn, 12 hie per dozen; cu cumbers. 15c per dozen; egg plant. 10c per pound; lettuce, head, 25o per dozen; onions, 10(&)12o per dosen; peas, 4g5c; bell pep pers, 12 hi 15c; radishes, 10 15c per dozen; spinach, 2(&3c per pound; tomatoes, 25&50c per box; hothouse, $2; parsley, 25c; squash, $131.25 pir crate. ROOT VEGETABLES Turnips, 80c$l per sack; carrots, $101.25 per sack; beets, 1.251.50 per sack; garlic, 1012V4o per pound. ONIONS New, ll9H4c P" pound. POTATOES Buying prices: Oregon Bur banks. 708uc; sweet potatoes, 3c per pound, pound. DKIBD FRUITS Apples, 14c per pound; apricots, 15-S19c; peacnee, 12V13c; pears, ll&14c; Italian prunes, DftSe; California figs, white, in sacks, o&tic per pound; black, 4iit5c; bricks, 12tal4-ounce packages, 75&85c per box; Smyrna, 200 pound; dales, Persian, tf 6Vao per pound. RAISINS Seeded. 12-ounce packages, 89 SVjc; 16-ounce, OflOc; loose muscatels, 2 crown, 6jj7c; 3-crown, 6ft74c; 4-crown, 7(ft74c; unbleached, seedless Sultanas, 67c; Thompwn's fancy bleached. 10llc; London layers, 3-crown. whole boxes ot 20 pounds,' $2; 2-crown, $1.75. Butter, Eggs, Poultry. Etc. BUTTER City creameries: Extra creamery, 27c per pound. State creameries: Fancy creamery. 2.Vu27Mc: store butter, 15T15c EGGS Oregon ranch, 2626Wc per dozen. Eastern, 24(&25c. CHBKSE Oregon full cream twins, 13H$ 14c; Young America, 1415c. POULTRY Average old hens. 1314c; mixed chickens. 13(iH.H-. c: Spring, 14a 10c. old roosters. 910c; dressed chickens, 14 15c; turkeys, live, 16 21c; turkeys, dressed, choice, 21&22HC; geese, live, per pound, 8t& 10c: ducks, 131jc. pigeons, $li1.50; squabs, $2&3. Groceries, Nuts, Etc RICE Imperial Japan No. 1, 6c; South ern Japan, 6.40c; head, 6.75c. COFFEE Mocha, 2628c; Java, ordinary, )8 022c; Costa Rica, fancy, 18&20c; good, 10 18c; ordinary, 1922c per pound; Columbia roast, cases, 100s, $15; oos, $15.25; Arbuckle, $17.25; Lion. $16.75. SALMON Columbia River, 1-pound tails, $1.75 per dozen; 2-pound tails, $2.40; 1-pound flats, $1.10; Alaska pink, 1-pound tails,' 80c; red, 1-pound tails, $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, $4.00; golden C, $4.45; fruit sugar, $5.05; P. C, $4.95; C. C, $4.95. Advance sales over sack basis as follows: Barrels, 10c; half barrels, 25c; boxes. 50c per 100 pounds. Terms: On remittances within 15 days deduct o per pound; if later than 15 days and within 30 days, deduct hie. Beet sugar, $4.76 per 100 pounds; maple sugar, 1518c per pound. NUTS Walnuts, 12gl3e per pound by sack; Brazil nuts, 16c: filberts, 16c; pecans. Jumbos, 16c; extra large, 17c; almonds, 144 615c; chestnuts, Italian. 12H16c; Ohio, 20c; peanuts, raw, 1ie per pound; roasted, 8c; plnenuts. WUMe: hickory nuts. 7V4Hj8c; co coanuts. 85fr !Mc per dozen. SALT California dairy, $11 per ton: imita tion LiverDool. $12 per ton: half-ground. lOOs. $9; Sua. $9.50; lump Liverpool, $17.60. ' BEANS Small white. 44c; large white, 4Mc; pink, 2c; bayou. 4c; Lima, 6o; Mexicans, reo, tfec HONEY Fancy. $3.25 per box. Provision and Canned Meats. BACON Fancy breakfast, 21c per pound; standard breakfast. 19c; choice, 18c; English, 11 to 14 pounds, 17c: peach, 16c. HAMS 10 to 14 pounds, 160 per pound; 14 to 16 pounds. 164c: IS to 2o pounds, 16!c; California (picnic), 13c; cottage, none; shoul ders, lihie; boiled, 25c; boiled picnic, bone less. 10c. PICKLED GOODS Pork, barrels, $21; half barrels, $11; beef, barrels, $11; half barrels, $6.00. SAUSAGH Ham. 18o per pound: minced ham. 10c; Hummer, choice dry, 17Hc; bologna, long, 7c; welnerwurst. lOo; liver, 6c; pork, 910c: headcheese, 6c; blood, 6c; bolpgna Eausage, miK, ao. DRY SALT CURED Regular short clears, drv salt. 12c: smoked. 13c: clear back, lirv salt, lHic; smoked. 1214c; clear bellies, 14 to xi pouuus, hbsb, ary salt, ,c; smoaea, joc; Oregon exports, 20 to 25 DOunds average, "drv salt, 13Vc; smoked, 1444c; Union bellies, 10 to 18 pounds average, none. WARD Leaf lard, kettle rendered: Tierces, ll-'ViC; tubs, 12c; 50s, 12c, 2ue. 1214c; 10s, 12'tc; 6s. 12c. Standard pure: Tierces, 10t. c: tubs, lie: 60s. lie: 2o. Iivio- ln 11 hie: 5s. 11 c. Compound: Tierces, 7V4c: IUUB. ITV, "'-"J, 74V. JAMf, GftC; OS, BgC' Dressed Meats. VEAL Dressed, 75 to 125 pounds. 7U8c 1. tn l.v Dounds. 7c: 150 to 20O rMMinH B.. 2oO pounds and up, 5V.5ilc BEEF Dressed bulls, 3o per pound; cows, 4V.53C: country steers, 5&0c. MUTTON Dressed fancy, 78c per pound; ordinary, 60c; lambs, fancy, 88t4c fUttiv ureshtu, w tu i.w pounds. 88790 150 to 200 pounds, 7V488c; 2uo pound and up, 7740. Hops, Wool, Hides. Etc. HOPS 1906 contracts. 17'20c per pound 19li5. nominal; 1904, nominal. WOOL Eastern Oregon average best. 15a nr oound. according to shrinkage: Vallev 2uW22c. according to fineness. MOHAIR Choice, zsiusuo per pound. rirv: No. 1. 16 pounds and tin. n. pound. 18620c; dry kip. No. 1, 5 to 15 pounds, 18g21c per pound; dry salted bull and stags, one-third less than dry flint; culls, moth eaten, badly cut, scored, murrain, halr-cilpped, weather-beaten or grubby. 2c to 3c per pound less. Salted hides: Steers, sound. Co pounds and over. Der pound. lOllc: steers, sound. 60 to 60 pounds, lorlrllo per pound; steers. sound, unoer ow puunuv, kuu vuws, tgiiuo per pound; stags and bulls, sound, 7c per pound; kip, sound, 15 to 30 pounds, 10c per pound; veal, sound, 10 to 14 pounds. Ho per pound; calf, sound, under 10 pounds. ll12c per pound; green (unsalted), lo per pound less; reals, lc per pound less. Sheepskins: Shear lings, No. 1 butchers' stock, each. 25fc.3tc: short wool. No. 1 butchers' stock, each, 5t 60c: medium wool. No. 1 butchers' stock, each, $1.2532; murrain pelts, from 10 to 20 per cent less, or 1516c per pound. Horsehides: Salted, each, according to size, $1(1.50; colts hldes, each, 25g'50c. Goatskins: Common, each. 15fe25c; Angora, with wool on, each, 3oct$l.BO. FURS No. 1 skins: Bearskins, as to size, each, jr.'-O; cubs, each, $13; badger, prime, each, 2o&50c; cat, wild, with head perfect, 3O50c; house cat. 5'f2(1c: fox, common gray, large prime, each, 6u70c; red, each, $3Gs5; cross, each, $5&15; 'silver and black, each, $10O!if30O; fishers, each. $oJi8; lynx. each. $4.fKi46; mink, strictly No. 1. each, according to size, $13; marten, dark Northern, accord ing to size and color, each, $1015; pale pine, according to size and color, each. $2.504; muskrat, large, each, 12loc; skunk, ea.ch, 40f 60c; civet or polecat, each, 515c; otter, large, prime skin, each, $610; panther with head and claws perfect, each, $25; raccoon, prime large, each, 60S 75c; mountain wolf, with head perfect, each. $3.50S5; prairie (coyote), 60ca $1; wolverine, each $698; beaver, per skin, large, $56; medlutn. $37; small. $11.50; kits, 6075c. BEESWAX Good, clean and pure, 22 25c per pound. TALLOW Prime, per pound. 44V6c; No. 2 and grease, 293c. C A SCAR A SAGRADA chlttam bark) New, St44o per pound; 1904 and 1903, 4t4S5c GRAIN BAGS U9hia each. Oils. TURPENTINE Cases. 81c per gallon. COAL Cases, 19c per gallon; tanks, 12Via per xallon. GASOLINE Stove, cases, 24He; 86 test, S2c: iron tanks. 26c. WHITE) LEAD Ton lots, 7c; 600-pound lots, 80: less than 600-pound lota, 8t4c, (In 25 pound tin palls, lc above keg price; 1 to 5 pound tin cans, 100 pounds per case, 2ho per pound above keg price.) LINSEED Raw, in barrels, 47c; in cases, 5.1c; boiled, in barrels, 60c; In. cases, 55c; 250-gallon lots, lc less. BENZINE Cases, 19o per gallon; . tanks, 12 Vic per gallon. PREDICTS LOW HOP PRICES HUGO HEYSE, OF MINJfEAPOIilS, WRITES TO HOP GROWERS. Says the Present Condition of the Market Is Unhealthy and Cannot Last. Hugo Heyse, a hop merchant of Min neapolis, who was a recent visitor in Port land, sends The Oregonlan a statement ad dressed to the hopgrowers ot Oregon, which is printed below. Hopmen here will not agree with Mr. Heyse's estimates ot the Pacific 'Coast crops. There is, of course, a good surplus of last year's production car ried by the brewers of the world, but whether this carry-over stock will be suf ficient to hold the market down and cause low prices to prevail remains to be seen. Mr. Heyse's letter follows: "Returned frdm my annual tour of the Western hopgrowlng countries, I have learned throug'a various sources that the present condition of the hop market is un healthy and cannot last, and the newspa pers, in most cases through false reports made by false prophets, do not state the true state of affairs. The opinion of lead ing hopmen is that the -largest hop crops in the history of the Western countries will be grown this year. There was a large yield last year, but the acreage is greater now than then, and the weather conditions have been much more favorable. Reports from Portland, Or., state that the crop of Oregon lias been estimated at, 130,000 bales, but these figures hop dealers say are too low. They say that the yield will reach 140,000 bales at least, as against 118,000 bales last year. The Washington crop is placed at 60.000 bales, as against 52.000 bales in 1905. The California crop at 95,000 bales as against 70,000 bales ot last year. To this we have to add the New York crop of this season 50.000 bales. That would give to the United States a total yield of 345,000 bales. If we consider that the total consumption is not over 200,000 bales, there will be a surplus of 145,000 .bales. "Supposing we take the first reports of this year that the crop In Germany is 40 per cent and in England 50 per cent less than last year's crop; then we have plenty of hops to supply all the demands ot the English market. But according to the latest German reports the "hop plantations were greatly benefited by warm weather during the last three weeks. The Improve ment was particularly marked In Bavaria, where the entire crop will almost be as large as last year, and in Bohemia the well-managed gardens are making fine progress and the crop will bo greater than heretofore expected. "Taking all these figures into considera tion and the further fact that all large breweries here and in Europe are well sup plied with hops on account of the excellent crop of 1905, together with the low prices of last year, 1 think that as soon as the hops are packed and contracts shipped the excitement will subside and low prices will prevail. This is my firm opinion, to the contrary notwithstanding. "The hopgrowers are taking a false stand against the dealers, because they contracted for 10 and 12 cents, and on account of the raise in. prices are .trying to get back on us, and some dissatisfied growers dropped words to deliver poor and unclean hops, not thinking that we also had to make contracts with brewers on a small margin three or four months ago after closing our contracts with the growers, and that we had to be, and that we are, satisfied with a small margin in order to be on the safe Bide. I think it is much better for every sensible man to be satisfied with a small profit Instead of taking chances with the Xuture or an uncertain market. "There is a general complaint against poorly picked hops In Oregon in the last few years, which "nas induced Eastern par ties to buy California hops, and the times are past when everybody said Oregon hops are the best. If the growers do not think about this they will find in the future that they have acted wrong. In : conclusion I will say: Boys, keep up the Oregon hops and your reputation. HUGO HEYSE." Mining Stocks. SAN FRANCISCO, Sept. 8. The official closing quotations for mining stocks today were as follows: Alta $ .05 Alpha Con 07 Andes OS Julia $ .08 lJustlce 04 jKentucky Con.. .04 Mexican 83 Occidental Con. .78 lOphlr 3.40 Overman 10 IPotosl 12 Savage 1.00 jScorplon 07 Seg. Belcher... .01 ISierra Nevada. .26 ISllver Hill 80 Standard 1.50 Union Con 36 lUtah Con 02 Yellow Jacket. .16 Belcher .21 .85 Best & Belcher Bullion Caledonia . .... Challenge Con. Chollar Confidence . . . Con. Cal. & V. Con. Imperial. Crown Point. . Eureka Con. . . Exchequer .... Gould & Curry Hale & Nor... .17 .26 .11 .11 .55 .87 .01 .or 8.50 .50 .17 .95 BOSTON, Sept. 8. Closing quotations: Adams Con....$ .20 Little Chief. ...$ .05 Alice 2.75 lOntarlo 3.00 3.35 Breece Brunswick C. . Comstock Tun. Con. Cal. & V. Horn Silver... .20 Ophlr .28 Phoenix .nVfJPotosl .90 ISavage 1.75 Sierra Nevada. 5.00 Small Hopes... .02 .11 .95 .18 .30 1.00 Iron Silver Leadvllle Con. "V03 Istandard NEW YORK, Adventure ..$ Alloues .... Amalgamatd 1 Atlantic Bingham . . . Cal. & Hecla 7 Centennial .. Cop. Range. ' Daly West.. Franklin . . . Granby Isle Royale. Mass. Mining Michigan . . . Mohawk .... , Sept. 5.75 35.00 12.25 13.50 31.00 .15.00 24.R7K 77.00 16.75 21.00 12.12 19.00 8.25 13.00 60.50 8. Closing quotations: Mont. C. C.l 3.00 41.25 Old Dominion Osceola , . . . . Parrot ...... Quincy Shannon Tamarack . . Trinity United Cop.. U. S. Mining. U. S. Oil.... Utah Victoria .... Winona . . . . Wolverine ., 114.75 256.00 89.0O 9.00 98.00 10.25 03.87 C0.OO 9.00 61.00 6.62 hi 1.50 158.00 Dairy Produce in the East. CHICAGO, Sept. 8. On the produce ex change today the butter market was steady. Creameries, 1923ViC. Dallies, l(g20hbc. Eggs, steady. At mark cases included. 12 -17o; firsts, 18Vic ; prime firsts, 20c; extras, 2214 c. Cheese, steady. 11t412t4o. New York Cotton Market. NEW TORK. Sept. 8. Cotton futures closed steady. September, 8.59c; October, 8.84c; No vember. 8.95c; December. 9.07c: January, 8.14c; February. 8.18c; March, 9.28c; April, 8.82c: May, 8. 37c - Travels Across Lake ijri,inis.r d PRIGES ARE SENT UP Strong Tone in Spite of Un favorable Bank Statement, GOOD GAINS AT THE CLOSE Unimpaired Confidence on the Part of Speculators of Adequacy of Available Resources to Re plenish Money Supply. NEW YORK, Sept. 8. Prices moved up aggressively today to a strong closing after the publication of the bank statement, show ing a deficit below the legal reserves 'of $6,577,825. This was accepted as an ex pression of unimpaired confidence on the part of the speculators who have the pres ent market in band, of the adequacy , of available resources to replenish the de ficient supplies of money and to maintain the prices of stocks in the market. It la pointed out. as justifying this confidence, that upward of $10,000,000 and possibly more than $15,000,000 will be available to the New York market on Monday when the Treasury order tor deposit of Government funds against gold engagements goes into effect, those figures representing the esti mates of the amounts of gold already se cured for import. It is added that the beneficent attitude against harmful string ency may be resumed and that means for insuring this will remain at the command of the Treasury. This' will include the amount advanced against the gold imports which will be returned to the Treasury on (the receipt of the gold and will be available for use in other measures for later relief. The feeling of confidence on this score was by no means universal, however, the amount of the deficit in bank reserves prov ing rather staggering as coming on the threshold of the annual flow of currency to the interior from New York. Not since the financial depression of 1893 have the bank figures shown such a deficit when clearing house certificates were issued in New York during July and August. Foreign stock markets were disturbed to day by New York's heavy requisitions for gold and discounts advanced in London and Berlin, the rate in London rising above the bank's official rate and foreshadowing an advance by that institution. The week's outgo of $16,408,100 cash from the banks measures the full loss by the known movements of money, corrects the discrepancy in last week's statement and leaves several million dollars still to be accounted for. It la probable that New York trust companies have begun to withdraw cash from the New York banks to increase their cash reserves in compliance with the law which requires them to hold 4 per cent of deposits in cash on Oc tober 1, compared with the 8 per cent re quired after July 1. The Increased obligation will call for an ..addition of about $10,000,000 to cash holdings of the trust companies. The market closed strong near the top. Bonds were dull and irregular. United States 2s advanced H per cent on call during the week. Total sales, par value. $732,000. Review of the Week. Money rates have, of course, dominated the stock market this week. They are likely to do so for some time. The phenomenon uf 6 per cent money on call and 7 to 7Vi per cent for time loans at the very threshold of the crop-movement season with a bumper season's harvest in view, is altogether new, even for Wall street, where surprises are not uncom mon. Yet it must be admitted that the pec ulative community has taken these develop ments calmly, relying apparently upon assur ances of substantial relief to sustain any crisis. The first Intimation that the confidence was not misplaced came on Wednesday night, with Mr. Shaw's announcement that the Treasury Department was ready to facilitate gold Im ports as it did last April, when San Fran cisco's exigent demands, following the earth quake, stripped our banks of most of thetr ready cash. The Secretary's action has been criticized in some quarters, as It was last Spring, but on the whole the banking com munity, as well as the speculators, have gen erally approved his course. The criticism rests on the narrow view that the Government Is dabbling In matters outside its province when it meddles- with the foreign exchange market. According to this opinion. Mr. Shaw, in putting Government funds at the disposal of the gold-Importing firms as soon as they have made their engagements abroad, without in terest charge, merely substitutes for the actual rate of exchange an artificial rate. It Is to be remembered, however, that we have no great central bank like the Banks of France or England to control the operations of our money market. Our associated banks can make no counter demonstration when by arbitrary rules, such as the fixing of prices for gold bars and coin, the foreign bankers put obstacles In the way of the Immediate settlement of our trade balances in specie. Our only recourse Is to await the operation of the natural law ot supply and demand, un less the Treasury Department takes a band, as in the present Instance. In other words, one must be patient under the pinch of money rates, with all its at tendant hardship, until it becomes so severe as to depress still further the exchange rate. This painful experience Mr. Shaw has sought to avert by the exercise of the discretion prop erly vested in his office. It is evident that the leaders of the present bull movement are counting on financing their operations abroad and are now arranging dat for these trans actions. Warning; to Small Banks. Mr. Shaw's circular warning depositories of Government funds in the smaller 'cities that they must keep the money he gives them In their communities and not allow them to be enticed away to Wall street through money brokers, shows that while alive to tha neces sities of the situation, he is susceptible to the popular criticism. He is not disposed to help the stock exchange out of Its' difficulty, but the practical effect Is not likely to be very potent. The strength of the stock market is un doubtedly due to the determined attitude of very powerful interests rather than to any widespread support. Those who believe that prices will be maintained or advanced beyond the present levels pin their faith upon the ability and willingness of those Interests to carry through what they have undertaken. Beyond that faith and knowing that business at large is In a very prosperous state, the followers of the bull leaders have nothing to go on. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. bid. Adams Express 275 Amalgam. Copper.. 40.800 112 111 11214 Am. Car & Foundry 700 40 401 40 do preferred Iu2 Amer. Cotton Oil.. 1,800 32 8214 '-. do preferred 90 American Express 255 Am. Hd. & Lt. pf. 100 29 29 284 American Ice .... 3,4uO 84 83 83 Amcr. Linseed Oil , 19 do preferred 41 Amer. Locomotive. 4,100 72 71 71 do preferred 112h Am. Smelt. & Ref. 8.300 15394 16114 152 v4 do preferred lltti.i Am. Sugar Refln.. 600 136 T4 136 1364 Amer Tobacco pfd. loo 1001s I0OI4 looi. Anaconda Min. Co. 6,900 280 279 27914 Atchison 21,900 107 10714 107 do preferred 300 101 101 KXMj Atlantic Coast Line 14214 Baltimore & Ohio 4,300 120f4 120 12U14 do preferred. . 92 Brook. Rap. Tran. 29.800 81 8014 81 Canadian Pacific .. 10.000 177 17614 176 Cent, of N. Jersey 225 Central Leather ... 100 38 38 374 do preferred 100 10214 10214 102 Chesapeake & Ohio 700 64 63 64U Chi. Gt. Western. 10O I814 igi 18 Chi. Northwest. 1.000 2134 213 2131J Chi., Mil. St. P. 7,20o 17954 178 17914 Chi. Term. & Tran j do preferred 27 C, C. C. St. L. 100 95 95 84 Colo. Fuel & Iron. J.60O 6714 6614 57 Colo. & Southern.. 800 86 '4 86 36 do 1st preferred.. 100 914 6914 g do 2d preferred.. 200 60 60 61 Consolidated Gas .'. Corn Products do preferred 7h' Delaw. & Hudson. 500 21714 214 2114 pel.. Lack. & Wes. ..... ...... B06 Den. Rio Grande 1,100 43 42 4314 do preferred 200 86 86 8514 Distillers' Securtt. 100 61 61 65 V4 Erie 65,200 4814 46 48 do 1st preferred IThk do 2d preferred.. 1.000 72 72 72 Gt. Northern pfd. 8,2o0 838 83614 83714 General Eisctrlc .. 800 167 16614 1 Hocking Valley 11814 Illinois Central 1731i Int. Met 1.900 39 38 38 do preferred 100 79 78 78 International Paper 18 do preferred ...... ..... ..... 83 International Pump -f. 48 do preferred..... - 83 Iowa Central .... lpO 29 29 29 do preferred 100 61 61 61 Kansas City South 28 do preferred 57 Louis. & Nashville 700 148 147 148 Mexican Central .. 100 21 21 20 Minn. 4 St. Louis 200 73 73 70 M., St. P. A 8.S.M. 100 155 155 152 do preferred 109 Missouri Pacific .. 2.600 98 87 97 Mo., Kan. & Texas 100 35 35 36 do preferred 7 National Lead ... 20O 77 77 77 Mex. Nt. R. R. pt. 2(10 46 46 46 New York Central S,800 146 144 -145 N. Y., Ont, II Wes. BOO 51 60 51 Norfolk A Western 800 93 83 03 do preferred - 90 North American .. 100 92 92 92 Northern Pacific .. 8.70O 217 218 216 Pacific Mail 100 39 38 :8 Pennsylvania 6,800 142 141 142 People's Gas .... 100 90 80 00 Pressed Steel Car.' "2.000 64 53 54 do preferred 86 Pullman Pal. Car.. 200 217 247 247 Reading T7.30O 144 142 143 do 1st preferred 80 do 2d preferred 91 Republic Steel ... 6.10O 34 34 34 do preferred 11.800 101 lol 101 Rock Island Co 1,600 28 27 27 do preferred 65 Pchloss-Sheffleld 100 78 78 78 St. L. A S. F. 2 pf -4 St. Louis Southwes. 400 26 244 25 do preferred 400 61 01 01 Southern Pacific .. 12,100 91 81 01 do preferred 100 118 118 118 Southern Railway.. 3,700 37"4 37 37 do preferred 99 Tenn. Coal & Iron 158 Texas sc Pacific .. 5.SOO 35 35 35 Tol., St. L. Wes. 20O 32 32 32 do preferred SOO 51 61 51 Union Pacific 81.400 193 191 192 do preferred 93 U. S. Express 135 V. S. Realty 74 U. S. Rubber 200 47 47 47 do preferred 200 10S 107 107 U. 8. Steel 61.200 47 46 46 do preferred 8.100 107 ln lo7 Virg.-Caro. Chem-.. 400 39 39 39 do preferred - 109 Wabash 10O 20 19 do preferred 100 45 45 44 Wells-Fargo EXp 290 Westlnghouse Elec. 200 168 158 150 Western Union ... 100 81 91 91 Wheel. & L. Erie 18 Wisconsin Central 25 do preferred 51 Total sales for the day, 486,000 shares. BONDS. NEW YORK, Sept. 8. Closing quotations: U. S. ref. 2s reg.l04-D. & R. G. 4s... 89 do coupon 105 IN. Y. C. G. 3s. 82 U. S. 3s reg 103Nor. Pacific s. . 75 do coupon 103Nor. Pacific 4s.. 103 XI. S. new 4s reg.lBl ISo. Pacific 4s... 92 do coupon 131 ' Unlon Pacific 4s. 102 U. S. old 4s reg.l02H Wis. Central 4s.. R!l do coupon .... 103 14 Jap. 6s. 2d ser..l0O Atchison Adj. 4s 86Jap. 414s, cer... 91 Stock at London. LONDON, Sept. 8. Consols for money, .86; consols for account, 86 9-16. Anaconda 14N. Y. Central 149 Atchison ..Ill- Norfolk West. 96 do preferred. . 105 I do preferred... 94 Baltimore & C.124 Ontario West. 51 Can. Pacific. .. .183 Pennsylvania 73 Ches. & Ohio... 65:Ranrt Mines 6 C. Gt. Western. 19, jReading 73 C. w. & St. P.. 180 So. Railway 39 De Beers 18! do preferred. ..103 D. & R. Grande. 44So. Pacific 04 do preferred.. 89 lUnlon Paclf lc. .. . 198 Erie 48 I do preferred... 08 do 1st pref. ... 91 U. s. steel -is do 2d pref. ... 74 do preferred.. 1 21 47 Illinois Central. 180 Louis. & Nash.. 153 Mo., Kas. & T.. 37 Wabash .' do preferred.. PORTLAND STOCK EXCHANGE. Sales and Prices Bid and Asked on the Local Board.. Sales on trie Stock Exchange yesterday were 2000 shares Associated Oil at 39 !j. Official prices follow: , Bank Stocks Bid. Asked. Bank of California 302 Merchants' National... 125 Oregon Trust Savings 132 United States National 200 Portland Trust Co 120 Bankers' & Lumbermen's..... ..... 103 Equitable Savings & Loan 185 Miscellaneous Stocks Lesser Manufacturing 155 ..... Campbell's Gas Burner. 5 Union Oil 201 204 Associated Oil.:. 38 41 Alaska Packers 56 Pacific States Telephone 99 Home Telephone 50 Puget Sound Telephone 50 Oregon Life Insurance 1000 Cement Products.. 40 Empire Contracting Co 110 J. C. Lee & ('o 150 O. R. & N. Ry. 4s 102 Merlin Townslte 20 Nicola Coal 2 3 International Coal 64 66 Mining Stocks Pacific Metal Extraction 25 Alaska Petroleum 14 17 Alaska Pioneer 46 52 Standard Con 11 12 Oregon Securities 6 7 Snowstorm 200 235 Lee's Creek Gold.... 1 1 Tacoma Steel 10 12 Gallce Con 4 Gallaher 4 6 Golden Rule Con 2 Bullfrog Terrible 5 Golconda 3 4 North Falrvlew 5 Le Roy 2 Hiawatha 2 Cascadla 22 30 Lucky Boy ' 22 Hecla 320 335 Rambler Cariboo 32 35 Dixie Meadows 2 Great Northern 7 Mountain View 25 Blue River Gold 10 Sugar Stocks Hawaiian Com 86 Honokea 13 Hutchinson 14 15 Makawell '. 35 86 Onomea 34 Paauhau i 18 19' Union 50 Sales 2000 shares Associated Oil at 30 4. Money, Exchange, Etc. , NEW YORK. Sept. 8. Money on call, nomi nal; no loans. Time loans, dull and easier. 60 and 80 days offered at 8 per cent: six .months, 6 per cent. Prime mercantile paper, 6H-7 per cent.' Sterling exchange, irregular' at $4.83409 4.8370 for demand and at $4. 83.W$4. 8340 for 60-day bills. Posted rates. $4.81i34.84. Commercial bills, $4.794.60. Bar silver, 68c. Mexican dollars. 62c. .Government and railroad bonds, steady. LONDON, Sept. 8. Bar silver, firm. 31d per ounce. Monej 11 per cent. The 'rate of discount In the open market for short bills is 33 per cent; for three month bills, SS3 per cent. SAN FRANCISCO, Sept. 8. Silver bars, 68c. Mexican dollars. 53c. Drafts, on sight, 2c; telegraph, 5c. Dried Fruit at New York. NEW YORK. Sept. 8. The market for Evap orated apples Is more or less nominal, sales having been too light to justify firm quota tions. Spot apples bring around HWllc. and nev apples in cases are quoted at 6$9c Prunes are unchanged with quotations rang ing from 78c, according to grade. Apricots hold firm on light supply, with choice quoted at 16c; extra choice, 17c; fancy, 18ig20c. Peaches are unchanged, with choice quoted at 10e; extra choice. ll12c; fancy, 11 12c; extra fancy, ll12c. Raisins are firmer on the Coast, but snot quotations ars unchanged, with loose Mus catels quoted at 6(g7c: seeded raisins at 6 8c; London layers, nominal. Coffee and Sugar. NEW YORK. Sept. 8. Coffee futures closed steady, net unchanged to 6 points lower. Sales were reported of 69.000 bags. Including De cember. 6.656.70c; March, 6.90c; April. 6.95c; May, T7.05c; July, 7.107.15c; August, 7.15c. Spot Rio, steady. Sugar Fair refining, 33c; centrifugal. 86 test, 46: molasses sugar, 33c Refined. steady; No. , 4.30c; No. 7. 4.25c; No. 8. 4.20c; No. . 4.15c; No. 10, 4. lOc; No. 11, 4.05o; No. 12, 4c; No. 13, 3.95c; No. 14, 3.95c; confectioners' A, 4.75c; mould A, 2.95c; cut loaf, 6.60c: crushed. 6.60c; powdered, 8c; gran, ulated, 4.90c; cubes. 6.15c. YVooFat St. louis. ST. LOUIS. Sept. 8. Wool, steady: terri tory and Western mediums, 23 27c; fins me dium, 18$22c; One. 14S19o, DOWNING-HOPKINS CO. ESTABLISHED 1808 STOCKS, BONDS, GRAIN Bought and sold for cash and on margin. Private Wires ROOM 4, CHAMBER OF COMMERCE Phone Main 37 SUPPLY TOO LARGE Offerings of Wheat Exceed Demand at Chicago. CLOSING PRICES LOWER Weather In Northwest Is Favorable for Harvesting and Threshing of Winter Crop Corn and Oats Also Decline. CHICAGO, Sept. 8. Sentiment in the wheat pit was almost exclusively dominated by the weather map of the Northwest, which is still favorable for the harvesting and threshing of the new crop of Winter wheat. Cash houses and pit traders here were offered wheat liberally, but the de mand was not equal to the supply and con sequently the price of all deliveries made further declines. The market was heavy all day and closed almost at the lowest point of the session. December opened Htc to hi5 c lower at 72 He, sold off to 71c and closed at 7171Hc. Because of the continuance of ideal weather for the corn crop, the market for that cereal was weak all day. The market closed weak. December opened hi hie lower at 4142c. sold off to 41Hc and closed 9,c off at 41c. Trading In the oats pit was quiet and the market was easier because of the weakness of wheat and corn. December closed a shade lower at 30H30c. The decline In the price of corn caused considerable profit-taking in provisions and resulted in moderate declines In all prod ucts. At the close January pork was off 15c at $13.10, lard wos off 5c at 17.77 ', ribi were 12 to 15c lower at J7.05. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. September ...X .n $ .0H December 72 Vs .72 .71 .71 May 7 .761 .75 .70 CORN. September ... .47 .47 .4flv, .40H, December 42 .42 . .41., May 42' .42 .2h .42 OATS. September ... .30 .3nt, .30 .Sot December .Via, .80' .8014 .8, May 82, .32. .82Vi .32Va ME3SS PORK. Feptember " 18.70 January 13.25 13.25 13.10 13.10 LARD. September 8.52J4 October 8.H5 8 ftK 8 0 8.tS November 8.42V4 8.42V4 8.40 8.4il January 7.80 7.80 7.77Vi 7.74 SHORT RIBS. September 8.A5 October 8.S7H 8.37V4 8.35 8.S5 January 7.76 7.75 7.72V4 7.72H Cash quotations were as follows: Wheat No. 2 Spring. 73l374ic; No. 3, 08 673c; No. 2 red. 69ftC9c. Corn No. 2, 47Vj47l!c; No. 2 yellow, 48 C48'4C Oats No. 2. aoc; No. 2 white, 31B334e; No. 8 white. 8H432c. Rye No. 2, bny.c. Barley Fair to choice malting. 43351c. Flaxseed No. 1. 81.0114: No. 1 Northwest ern, 81.09. Timothy seed Prime, I3.694.10. Clovei' Contract grades, 812.60. Short ribs side Loose, 88.558.65. Mess pork Per barrel, 816.70. I.ard Per 100 pounds, 18.55. Short clear sides Boxed, 88.87tjia0. Receipts. Shipments. Flour, barrels 19.50O 44.3O0 Wheat, bushels 319.0UO 12. 200 Corn, bushels 81,900 7118.") Oats, bushels 814.000 2H2.2li Rye. bushels 3.00O l.loo Barley, bushels 26,400 2.800 Grain and Produce at New York. NEW YORK. Sept. 8. Flour Receipts. 13,- 000 barrels; exports, 18,500 barrels. Market, quiet and barely steady. Minnesota patents, $4.104.4O; do bakers, 83.4OB3.80; Winter pat ents. 3.754.10: do straights. 3.503.flO: do extras, $2.853.25; do low grades, 82.753.20. Wheat Receipts. 138.800 bushels; exports, 119,000 bushels. Spot, easy; No. 2 red, 75-ic elevator: No. 2 red, 77(4c f. o. b. afloat; No. 1 Northern Duluth, 80c f. o. b. afloat; No. 2 hard Winter, 78o f. o. b. afloat. New low records were established In wheat this morn ing as a result of larger Northwest receipts, fine weather, easy cables and liquidation. Final prices were o net lower. May closed 82c; September, 77c; December, 79c. Hops Steady; state common to choice, 1905, 11317c; 1004, nominal; olds, nominal; Pacific Coast, 1905. 13&18c; 1904.. 12c; olds, nominal. Hides Steady; Galveston, 20625 pounds, 20c: California, 21625 pounds, 2I04 Texas dry, 24630 pounds. 19c. Wool Steady: domestic fleece, 35638c. Petroleum Steady: refined. New York, 7.50c; Philadelphia .and Baltimore. 7:45c, do bulk, 4.36c. Grain ait San Francises. SAN FRANCISCO, Sept. 8. Wheat and barley, quiet. Spot quotations: Wheat Shipping. 11.27H 1.80; milling. $1.311.40. Barley Feed. $1 1.05; brewing, $1.061.10. Oats Red, 81.15 1.45; white. 81.8561.45. Csll-board sales: Wheat December. $1.21. Barley December, 98c. Corn Large, yel low. $1.4061.4254 European Grain Markets. LIVERPOOL, Sept. 8, Wheat September, 6s 14d: December, Qa 2hiA; March, nominal. . The weather In England today Is fine. LONDON. Sept. 8. Cargoes Pacific Coast, prompt shipment, 29s 3d. English . country markets, steady; French, quiet. Minneapolis Wheat Market. MINNEAPOLIS, Sept. 8. Wheat Septem ber, 68c; December, 69c; No. 1 hard, 74c; No. 1 Northern, 73c: No. 2 Northern, 71?4c. Wheat at Tacoma. TACOMA. 6ept. 8. Wheat, l2c lower. Bluestem, 67c; club. 64c; red. 61c. THE LIVESTOCK MARKETS. Prices Current Locally on Cattle. Sheep and Hoga. The following livestock prices were quoted in the local market yesterday: CATTLE Best steer; $3.3563,50: medium, $363.25; cows. $2.5062.65; second-grade cows. $262 25; bulls, $1.6062; calves. $464.50. SHEEP Best sheared. $464.26; iambs, $4.7565. HOGS Best. $6.75: light. $66860; stock hogs, JO EASTERN LIVESTOCK. Prices Current at Kansas City, Chicago and Omaha. CHICAGO. Sept. 8. Cattle Receipts, 800. Market, steady. Beeves, $3.7566.80; stockers and feeders, $2.2564.25; cows and heifers, $1.25 62.60; calves, $5.6068. Hogs Receipts, today, 10,000; Monday, esti mated, 86.000. Market, steady. Mixed and butchers, $5.8566.65; good to choice heavy. $0.45(ff6.57t4; rough heavy. $3.656 5.70; light. $6.1066.57; pigs, $5.6060.45; bulk of sales, $5.9060.36. . Sheep Receipts, 2000. Market, steady. Sheep, yearlings, 85.60go.25; Iambs, SOUTH OMAHA. Sept. 8. Cattle Receipts. 100. Market, unchanged. Native steers. $4.50 6.40; cows and heifers. $2.256 4.25: Western steers, $3.2565.25; Texas steers. $2.8.Va4.:o; cows and heifers, $263.60: canners. $1.252.25; stockers and feeders, $2.7564.60; calves, $;i'i 6.75; bulls, stags, etc.. $1.756 3.50. Hogs Receipts. $5500. Market, steady to strong. Heavy, $5.5065.90; mixed. $5.756'5.S5; light. $5.8066.10: pigs. $565.80. Sheep Receipts, 100. Market, steady. Year lings, $5.6066; wethers, $565-60; ewes, $1.50 65.25; lambs, $6.5067.50. KANSAS CITY. Mo.. Sept. 8. Cattle Re celjts, 100. Market, unchanged. Native steers, $466.60; native sows and heifers, $264-85; stockers and feeders, $2.5064.70; Western cows, $264; Western steers, $2.5066.70; bulls, $263.15: calves. $366- Hogs Receipts, 2XM). Market, steady: bulk of sales. $6.1066.25; heavy. $660.15; packers, $0.106 6.25: pigs and lights. $06 6 35. Sheep Receipts, none. Market, nominally steady. Muttons. $4.506 5.60; iambs. $118 705: range wethers, $4.0065.75; fed ewes, $1.25'0 6.40. Metal Markets. NEW YORK. Sept. 8. The metals as usual on Saturday reflect the absence of London cables and were generally quiet and unchanged. Tin was quoted at 40.106 40.50c. Lake copper was firm at 18.87t;618c: elec trolytic. 18.626 18.75c; casting", 18.37tj6 18.50c. - Lead was unchanred at 5.7565.95o. Spelter was 6.0560.10c. Iron was firm at recent pries. RESERVE IS WIPED BUT HEAV Y LOSS OF CASH BY NEW .ORK BANKS. Deficiency Is Larger Than Has . Been Reported In Recent Years. Contraction In Loans. 1NEW TORK, Sept. 8. The FinancUr this week says: The official statement of the New York Associated Banks showed as was expected from tha large loss of cash to these Institu tions as almost dally reported by the Treas ury and also from the drain of money to tha Interior for crop-moving purposes not only the extinction of the surplus reserve, but a larger deficiency than has been reported in recent years. The cash loss was $10,408,100, an amount much greater than was esti mated upon the basis of the traceable move ments of money during the week. The dif ference of about $5.000. 000 between the esti mated and the actual loss, as reported by the statement, may be very readily account ed for by the bringing over Into this week of the unrecorded loss of the previous week represented by the averages. Deposits de creased $27.S43.100, which amount very closely agrees with the sum of the contrac tion In loans and tne loss of cash, so that the statement made a great proof. The re quired reserve against general deposits was reduced by 960,775, deducting which from the loss of cash left $T,447,32.' as the de crease in surplus reserve to $6,577.0-3 de ficiency. The last occasion when like re suits were shown was on April 7 of the cur rent year, when the deficiency was $2,300, 623. Computed upon the basis of deposits, less those of $10,3-40.300 public funds, too deficit last week was $3.102.830. - Loans were contracted f tl.B03.o00, reflect ing cancellation of speculative accounts and transfers to the trust companies and to for eign bankers, the latter of whom were loan ing European capital. Loans were In ex cess of deposits by $.(7,500,000. The highly unfavorable statement, as re corded above, will, it seems quite likely, be materially Improved In the current week through the advances of money which the Treasury will make to the hanks, beginning on Monday, in order to facilitate imports of gold by Importing institutions. Tnough the metal will not arrive at this port until after the end of the week, the Treasuiy advances will be available to the importers Immedi ately upon the presentation to the Treasury of evidence that the gold has been shipped hither. The account reported as having been engaged In London for snipment to New York was $1,750,000 and doubtless this sum will be largely increased toy engage-, ments which have been deferred, awaiting the effective operations of Secretary Shaw's device for assisting gold Imports. The statement of the Clearing-House Banks for the week follows: Decrease. Loans $1,031,774,100 $i ii.u3,.vmi Deposits 1,014.214.100 27,843. lOO Circulation 44.917.10O 1,12o,hm Legal tenders 77,034,000 4,004, loo Specie 10,:!41,00( I2,4l4,0tm Reserve 240,073.000 10.4OH.lOO Reserve required . . 233.533.323 0.U0O.773 DeOcIt 6,577,23 0,447,325 Kx-IT 8. deposits, deficit 3,092,850 9,440,300 Increase. SAX FBANCISCO QUOTATIONS. Prices raid for Products In the Bay City Markets. SAN FRANCISCO. Sept. S. The following prices were quoted in the produce market to day: FRUIT Apj'lee. choice $1 ; common, 35 60c; bananas, $l.503.5O; Mexican lime?, $5 B: California lemons, choice. $fl,50; common, $414.50; oranges, navels, "$1.751; pineapples, $l.lS0e2.50. VEGETABLES Cucumbers, 15 50a; garlic. 2H8c; green peas, 8i4c; strtns beans. 24 tf?4c; tomatoes, 1050c; egg plant, S4c; okra. 50 75c. ECJGS Store. 1&5 25c; fancy ranch, S4c; Eastern. 1824c. POTATOES Early Rose. 7080c; River Burbanks, $ltf?1.15; Salinas B urbane, $1.D0 1.60; sweets, lH2c; Oregon Burbanks, 759 85c. POULTRY Roosters, old. $3.60''4; young roosters, $567.50; broilers, small, $2.503.50; broilers, large, $3.504; fryers, $4f5; hens, $4.50tj0 50; ducks, young, $35. BUTTER Fancy creamery, 25c; creamery seconds, 22c; fancy dairy, 24c; dairy sec onds, 20c; pickled. 1818c. WOOL Fall. Humboldt and Mendocino, lfl 618c; mountain, ft&llc: South Plains and San Joaquin. 91 lc. CHEESE Young America, 12,gi3c; East ern. lO'c; Western, 15c. MILLSTUFFS Bran, $17; middlings. $2 629.50. HAY Wheat, $13617.50; wheat and oats. $10 12 : barley, nominal ; al f al fa, $7Q 10.50 ; stock, $7(6 S; straw, 4O$?60c per bale. FLOUR California family extras, $4,659 6.10; bakers' extras. $4.30g4.60; Oregon, and Washington. $3.754.25. RECEIPTS Flour. 5796 quarter sacks; wmeat, 65 centals; barley. 3123 centals: beans, 344 sacks : potatoes. 30C0 sacks ; bran, 755 sacks; middling. 188 sacks; hay, 903 tons; wool, 2 bales; hides, 847. LOUIS J. WILDE DIVIDEND BANK AND CORPORATION STOCKS MUNICIPAL.. SCHOOI, AND CORPORATION BONDS Portland Home Telephone A Tele graph Securities. HIGHEST RETVRN8 to Investor Consistent with ABSOLUTE SAFETY. Rooms 3, 4 and 3, Lafayette BUg., Cor. Sixth and Washington Sts. Portland, Oregon. $3.2565.80; $4.5068.