THE SUNDAY OREGOXIAX. PORTLAND, JULY 21, 1907.
PUN
OF HOPMEN
May Take Over Southern Pa
cific Warehouses.
ARE NEEDED FOR STORAGE
Jtallrond Company FaTors Such an
Arrangement Meeting to Be
Held In Portland to Con
sider the Matter.
The hop dealers of this state have under
taken to solve the vexed warehouse problem.
Some time ago the Southern Pacific served
notice on the trade that It would abolish
the practice of handling hops on storage,
and since then the dealers have been trying
to devise some way by which the crop can
be handled without Interfering with ship
ments. A. J. Ray, of this city, believes the
best plan Is for the dealers to take over the
railroad company's warehouse, and he has
sent letters on the subject to all the dealers
in the state. A meeting of the trade will
be held In Portland this week to consider
the matter.
It Is understood that the Southern Paclflo
favors this plan, on condition that no par
tiality is shown any of the shippers. The
warehouses that the dealers propose to ope
rate are In Portland, Ealem, Woodburn and
Aurora. The Independence warehouse has
already been turned over to Joseph Hlrsli
berg. There may not be any money In the
hop warehouse business, but the movement
of the coming crop, will be facilitated If
some such arrangement Is made.
The market In the latter part of the week
has been a dragging affair. Only a few
small lota have changed hands and the de
mand from the East has practically ceased.
George Dorcas, who has returned from an
automobile trip through the Marion County
hop sections, says there will be no bumper
crop of hops this year. He found the yards
generally looking fair, but there were plenty
of poor ones aiid no end of lice.
Aocordlng to the Albany Herald, most cf
the growers in that vicinity are inclined to
believe that a good average crop will be
harvested If present conditions continue.
Most of the yards In that part of Bonton
County have been well cultivated and cared
for, and consist of several hundred acres,
owned as follows: John and Ben Harris, of
Wells, 25 acres; Lee Brown, 80 acres; Nels
& Co.. BO acres; Barney Cady, 13 acres; Dr.
Ieeper, 30 acres; Antone Hubert, 15 acres;
Mr. Webber, IS acres; Mrs. Brush, 30
acres.
A dispatch from Puyallup says that not
withstanding the fact 'that many hop
growers predicted a short crop this Fall, the
vines are looking better every day, and with
careful spraying there will be an average
crop of first-class quality. About Ortlng
are a number of comparatively new yards
that show, strong growth.
FCTTTVG EGG MARKET IN GOOD SHAPE
Front Street Will Meet Eastern Competition
and Try to Reduce Oregon Surplus.
A meeting of the Wholesale Produce As
sociation was called by President W. B.
Glafke yesterday afternoon to consider the
egg question. It developed that the street
was long on Oregon eggs, something like
two carloads having accumulated, and It
was decided that something must be done
Immediately to relieve the situation. The
trouble was said to be caused by creameries
and other outside firms bringing in Eastern
eggs, which could be sold under the Oregon
quotation, and while these outsiders were
filling up the demand with their stock, the
home product was piling up and not moving
on the street. To restore conditions to a
normal basis, it was agreed that Oregon
eggs should be put out at a price that the
handlers of Eastern eggs could not meet.
Thus, at the same time that the Eastern
eggs are being boycotted. It Is hoped the sur
plus of Oregon eggs will be reduced.
Whether the plan Is successful will de
pend largely on the good faith the dealers
how in keeping the agreement. If any of
them are selling Eastern eggs in Oregon
cases, as they allege people off the street
are doing, the market will continue in the
same muddled condition. Fair play, how
ever, will enable them to clear the atmos
phere and put the market on as healthy a
basis as is possible in hot weather.
Melon and Lemons In Strong Demand.
The strongest demand in the fruit line
yesterday was for lemons and watermelons.
The former were quoted very strong. Two
cars of melons came in and the dealers
had all they could do In filling their local
and shipping orders. A car of cantaloupes
also arrived. Peaches were plentiful and
the shipments were generally better .than
those lately received. Turloch cantaloupes
"Kill be in by express Monday. A straight
car was started from there for Portland
yesterday.
Buys 00,000 Pounds of Prunes,
Banford LasBelle, of the prune packing
and shipping firm of LAsselle Bros., sayh
the Albany Herald, has returned from a
trip to Creswell, where he bought 200,00
pounds of dried prunes from Dr. Scar-
borough. This Is considered quite a large
deal at this season of the year, when nearly
all the prune crop Is contracted for. Mr.
LasseUe says that he has several other or
chards In view which he expects to contract
tor the output.
Spot and Contract Wheat Dull.
The little new wheat contracting that is
being done is more In the nature of feeling
the market than anything else. Buyers, as
a rule, are not disposed to take hold for a
time yet. and farmers . view the offered
prices with indifference. Borne business In
spot wheat was reported yesterday at a. de
cline from previous quotations.
Po til try Market Closes Weak.
The poultry market closed easy for the
week. The demand fell off yesterday and it
was with some difficulty that supplies cleaned
up.
Cheese was firm at the recent advance.
There were no new developments in the
butter market.
Teasel Harvest Is At Hand.
The teasel harvest is at hand, says theOre
gon City Courier, and George H. Gregory, one
of the most extensive teasel growers in the
state, whose teasel yards are In the vicinity
of Mollala. will begin the first of next week
the harvesting of his crop, which will be
very large. ' .
Bank Clearings.
Bank clearings of the leading cltlee of the
Northwest yesterday were:
., . ' Clearings. Balances.
Portland $1,087,375 JU7.744
Seattle 1..W.4M 23B.2R7
Tacoma 787.275 2.4'M
Spokane 864,466 130,571
Clearings of Portland. Seattle and Tacoma
for the paat week and corresponding weeks in
former yeara were:
,,t F.rtJV?; Tacoma.
JJJ - i'?5-sl2 "B9'-S 5.0S8.6.-!9
1&"6 6.2S0.5N8 8,181. 1(43 3 738 1M
10"5 4.266.43 7.074.849 8 442 2"3
lfH 3.610,532 4.756.418 1 846 420
I1 8.308.0R8 4.W7.23S 1 816'45Q
I0O2 S.661.634 3.41S.U8 18tst7T
l&Ol 1.817.503 2.S14.813 'Ki2,ZSZ
1
PORTI.AXn QUOTATIONS.
Grain, Flour. Feed, Etc
MILLSTUFFS Bran, city tlT. countrv
(18 per ton; middlings, (24.5025.S0; shorts,
city $19, country, $20 per ton: chop, $159
16 per ton.
WHEAT Club. 83c; bluestem. 85c; Valley,
80c: red, SOc.
OATS Producers prices: ro. 1 white,
$27.50428; gray, nominal.
FLOUR Patent. $4.80; straight, $4.25;
clears. $4.25; Valley, $4.30'&4 40; graham
flour, $44.50; whole wheat flour. $4.25
4.75.
BARLEY Producers' prices: Feed, $21.50
f 22 per ton; brewing, nominal; rolled,
$23.50&24.B0.
CEREAL FOODS Rolled oats, cream, !0
pound sacks. $7; lower grades, $5.GO'&6.50;
oatmeal, steel-cut, 45-pound sacks. $8 per
barrel; 9-pound sacks, $4.25 per bale; oat
meal (ground), 45-pound sacks, $7.50 per
barrel; 9-pound sacks, $4 per bale; split
peas, per 100 pounds, $4.25 4.80; pearl bar
ley, $4(4.50 per 100 pounds; pastry flour,
10-pound sacks. $2.30 per bale.
CORN Whole, $28; cracked, $29 per ton.
HAY Valley timothy. No. 1 $1T18 per
ton: Eastern Oregon timothy, $2123;
clover, $U: cheat. $'J10; grain hay, $94(10;
alfalfa, $13 14.
Butter, Eggs, Poultry, Etc.
BUTTER City creameries: Extra cr em
ery. 27c per pound; State creameries:
Fancy creamery, 2527tac; store butter,
10 20c.
CHEESE Oregon full cream twins, 15H
16c; Young America, 1614 17c per pound.
POULTRY Average old hens. 13 14c;
mixed chickens, 13c; Spring chickens. 16
17c; old roosters, 10c; dressed chickens,
1617c; turkeys, live, 1215c; turkeys,
dressed, choice, nominal; geese, live, per
pound, 8llc; ducks, 814c; pigeons, $1
1.50; squabs, $23.
EGGS Fresh ranch, candled, 2223c per
dozen.
Vegetables, Fruits. Etc
DOMESTIC FRUITS Cherries. 812o
per pound; apples, $1.50 2.25 per box,
Spltzenbergs, $3.50 per box;.- cantaloupes.
$2.503.50 per crate; peaches, 60c
6$1.25 per crate; raspberries, $1.251.50;
blackberries, 812Hc per pound; loganber
ries, $1 per crate; prunes, $1.601.75 per
orate: Watermelons, l-2c per pound; plums,
$l.u01.65 per box; pears, $2.25; apricots,
$1.50 2 per box.
TROPICAL FRUITS Lemons, $5T per
box; oranges, sweets, $3.25 3.50: Valencia.
$3.754.50; grape-fruit, $2.503.60; ba
nanas, 5a per pound, crated 5 Vic.
ROOT VEGETABLES Turnips, $1.75 per
sack; carrots, $2 per sack; beets, $2 per
sack; garlic, 8c per pound.
FRESH VEGETABLES Artichokes, 80
60c per dozen; asparagus, 10c per pound;
beans, nominal, 85c; cabbage, 2Vic per
pound; celery, $1.25 per dozen; corn,
25(&35o oer dozen: cucumbers. 50c
$1 per box; egg plant, 10c pound; let
tuce, head, 250 per dozen; lettuce, notnouse,
$1.50 per box; onions, 15 20c per dozen;
parsley, 20c per dozen; peas, 4 5c per
pound: peppers, bell, 12 15c per pound;
radishes, 20c per dozen; rhubarb, 8Vio per
pound; spinach. 6c per pound; squash, 50i
$1 per box; tomatoes, $11.25 per crate;
hot house, $2.50.
ONIONS Walla Walla, $2.25 per pound.
DRIED FRUITS Apples. 88e''pound;
apricots. 16 19c; peaches. ll-3c; pears.
11 14c; Italian prunes. 26c; Califor
nia figs, white, in sacks, 5 BVic per pound;
Hack, 4 5c: bricks, 75c$2.25 per box:
Smyrna, 18H20o pound; dates, Persian.
6 W 7c pound.
POTATOES New, lH2c per pound.
Groceries, Nuts, Eto.
RICE Imperial Japan, No. 1, 654o: South
ern Japan, 6.10c; head, 7 Vic
COFFEE Mocha, 24 28c; Java, ordinary,
1720c; Costa Rica, fancy. 1820c; good, 16
18c; ordinary, 12 10c per pound. Columbia
roast, cases, 100s, $14.50; COS, $14.76: Ar
buckle, $16.50; Lion, $15.75.
SALMON Columbia River. 1-pound talis.
$1.75 per doz. ; 2-pound tails, $2.40; 1-pound
flats. $1.10; Alaska, pink, 1-pound tails. 95c;
red, 1-pound tails, $1.25; eockeyes, 1-pound
tails, $1.70.
SUGAR Sack basis, 100 pounds, cube.
f0 12Vi; powdered, $6.02; granulated,
$5.87; extra C, $5.87; golden C, $5.27;
fruit sugar, $5.87 ;' berry, $5.87; XXX,
$5.77. Advance sales over sack basis as
follows: Barrels, 10c; barrels, 25n; boxes,
50c per 100 pounds. Terms: On remittances
within 15 days deduct Vo per pound; if
later than 15 days and within 30 days, de
duct c; beet sugar. $5.77 per 100 pounds;
maple sugar, 15 18c per pound.
NUTS Walnuts, 16 20c per pound by
sack; Brazil nuts, 19c; fllgerts, 16c: pecans.
Jumbos, 23c; extra large, 21c; almonds, 18
20c; chastnuts. Ohio, 17c: Italian, 14
15c; peanuts, raw, 68c per pound:
roasted, 10c; plnenuts. 10l2c; rlckory nuts,
10c; cocoanuts, 35 90c per dozen.
SALT Granulated. $14 per ton; $2 per
bale; half ground, 100s, $10.50 per ton; 50s,
$11 per ton.
BEANS Small white. 8c; large white,
8c; pink. 8c; bayou, 8c; Lima, 6c; Mexi
cans, red. 4c.
HONEY Fancy. $3.25 3.50 per box.
Dressed Meats.
VEAL Dressed, 75&125 pounds, 88v4c;
123150 pounds, 7c; 150 & 2oO pounds, 6c;
200 pounds and up. 56c
BEEF Dressed bulls, 84o per pound;
cows. 60c; country steers, 6Vi if 7c
MUTTON Dressed, fancy, 8 9c per
pound; ordinary, 6 7c; Spring lambs, 9 0
9c per pound.
PORK Dressed. 100130 pounds, 88c
1506 200 pounds, 77o; 200 pounds and
up, tilUiOHc-
Hops, Wool, Hides, Etc
HOPS 67c per pound, according to
quality.
WOOL Eastern Oregon, average best, 16
ffZia per pound, according to shrinkage; Val
ley, 20a22c, according to tlnenesa
MOHAIU Choice, 2930c per pound.
CAHCARA BARK Ola, less than car lots.
85c; car lots. 6c; new, 45c pound
HIDES Dry, No. 1, 16 pounds and up 18c
per pound; dry kip. No. 1, 5 la 15 pounds, 15
l6c per pound; dry calf. No. 1, under A
pounds. 20c; dry salted: Bulls and stags, one
third less than dry flint; culls, moth-eateu.
badly cut. scored. murrain. hair-slipped,
weather-beaten or grubby, 2c to 8c per pound
less: palted steers, sound, 60 pounda and over,
be pound; steers, sound, 50 to 60 pounds, 69o
pound; steers, sound, under 50 pounds, and
cows, 8(&c pound; stags and bulla, sound, 5
trtic pound; kip, sound, 15 to 30 pounds, 8gac
pound; veal, sound, under 10 pounds, 11c;
calf, sound, under 10 pounds, 1112c pound:
green (unsalted), lo pound less; culls, lc pound
lt?B: sheepskins, shearings, Ifo. 1 butchers'
stock, 25&30C each; short wool," No. 1 butch
ers' stock, 50 60c each; medium wool. No. 1
butchers' stock, $1.251.50 each; murrain pelts,
from 10 to 2o per cent less, or 13&14o pound;
horse bides, salted, according to size. $212.50
eaehr; hides, dry, according to size, $11.60
each: colts' hides, 2550c each; goatskins,
common, 1525c each; goatskins. Angora, with
wool on. 3ocl$1.50 each.
FURS Bearskins, as to size. No. 1, $5
20 each; cubs, $1513 each; badgBr, prime, 25
dfoOc each; cat, wild, with head perfect, 30
605c; eat. house. 520c; fox. common gray,
large prime, 6O70c each; red, $36 each;
cross, $515 each; silver and black. $100
800 each; fishers, $5g8 each; lynx, $4.606
each; mink, strictly No. 1, aeocrding to size,
$l3 each: marten, dark northern, according
10 elze and color, $10 15 each: pale, pine,
according to size and color, $2.5o4 each;
mu&krat, large. 1215c each; skunk, 80 40c
each; civet or polecat, 5 16c each; otter, for
large, prime skins, $010 each; panther, with
head and claws perfect, $2 6 each; raccoon,
for prime, large, 5075c each; wolf, mountain,
with head perfect, $3.505 each; prairie (coy
ote), 60c$l each: wolverine, $68 each. .
Provisions and Canned Meats.
BACON Fancy breakfast, 22c pound; stand
ard breakfast, 19c; choice, 18c; English,
11 to 14 pounds, 16c; peach, 15c.
HAMS 10 to 11 pounds, 16c pound; 14
to 16 pounds, 16c; 18 to 20 pounds, 16c;
picnics, 12c; cottage, 12o; shoulders, 12c;
boiled, 25c.
SAUSAGE Bologna, long. 8c; links, Tc.
BARRELED GOODS Pork, barrels, $20;
half-barrels. $11; ' beef, barrels, $10; half
barrels, $5.50.
DRY SALT CURED Regular short clears,
dry salt, 12c; smoked, 13c; clear backs, dry
salt. 12c: smoked. 13c; clear bellies. 14 to 17
pounds average, dry salt, none; smoked, name;
Oregon exports, dry salt, 13c; smoked, 14c.
LARD Kettle rendered: Tierces, 12e;
tubs, 124c; 50s, lSc; 20s, 127j: 10s, 13Vc;
5s. 13&c; Standard pure: Tierces, llc,
tubs, llHc; 50s. llfcc; 20s. llc: 10s, 12Vc;
6s, 12vc. Compound: Tierces. 9Vic; tubs,
9c. 60s. 9c; 10s. 10c; 6s. 10c
Dairy Produce In the Bast.
CHTCAGO, July 20. On the Produce Ex
change today the butter market was firm.
Creameries, 21 25c; dairies. 18f4 22c.
Eggs steady; at mark cases included, 12(9
14 Jic; firsts, 14 c ; prima firsts, J6c
Cheese, 1213Hc, steady.
NEW YORK, July 20. Butter and eggs,
firm, unchanged.
BOSTON PHONE CO.
Enter Field With $5,000,000 System
Against Trust, Backed by
Harrlman.
Special by leased wire, the longest In the world.
Boston, June 9. IX H. Harriman has
entered the local telephone field by offer
ing to back an Independent company
against the trust. He has guaranteed Jo,
000.000 to Insure the Installation of an
Independent - system In this city. In a
very few weeks It Is probable the new
company will decide upon Its system and
the work of installing an exchange of
about 1000 subscribers will be begun.
San Francisco Examiner.
FEW STOCKS ACTIVE
Sluggish Movement in New
York Market.
TONE OF PRICES IRREGULAR
Southern Pacific Helped hy Its An
nual Statement and Telegraph
Companies Benefitted by
Settlement of Strike.
NEW YORK, July- 20. The bad weather
was partly responsible for a large list of
absentees from the Etock Exchange today and
alao for the languid and desultory move
ment of prices. Only a few stocks mide
movements of any Importance and the slug
gish movement in the general list was in
sympathy with these.
Southern Pacific moved upwards with some
vigor as an effect of the heavy surplus of net
earnings for the fiscal year ended June 80,
which was reported yesterday. The stocks of
the telegraph companies sold op briskly In
consequence of the settlement of the strike at
Ban Francisco. Union Paclflo did not fully
sympathise with Its subsidiary stock and the
Hill stocks also were, unresponsive.
The markedly easier tone of both call and
time money with the progress of the week
left no room for solicitation over the present
condition of the bankB. Beat prices were made
after the publication of the bank statement.
Discounts In London were easier today and
copper securities, there continued to Improve.
Profit-taking made the closing tone irregular
and left a mixture of small losses in prices.
Total sale of bonds, par value. 1254,000.
There have been some active operations dur
ing the week, but they were confined to the
Western railroad stocks and were interrupted
by evidence of weakness at other points. The
Harrlman and Hill groups were the leaders of
the advlnclng tendency. . The movement In the
Harrlmans, which had been in progress ever
since the appearance of the report of the
Interstate Commerce Commission on the Harrl
man investigation, was helped by the publl-
;-catlon of the estimates of the year's earnings,
showing a heavy surplus for bojh roads.
Movement in the Hill stocks was the result of
Industriously circulated rumors of an increase
In the disbursements of the profits and of
a readjustment of the Burlington ownership
with an intended distribution of the proceeds
to Northern Paclflo stockholders. There was
no official sanction for these rumors.
The easing of the money market also favpred
the speculative operations of the long side,
although the prospect of an early develop
mmt of the interior demand for currency to
move the crops is a conservative Influence in
estimating the money outlook. The ujisettllng
Influences have been the signs of instability in
the metal markets. The decline In the price
of copper has not yet brought In buying in
full volume, although some large takings were
reported toward the end of the week. New
orders for steel products are reported to be de
creasing and the market for pig Iron has be
come Intensely dull with talk of a probable
decline In prices.
There has been no perceptible revival of In
vestment demand for bonds. United States 2s
registered have advancd 14 and the 8s coupon
per cent on call during the week.
CLOSING. STOCK QUOTATIONS.
Closing
Bales. High. Low. Bid.
Adams' Express 160
Amai. Copper ... 24.600 92 8114 1
Am, -Car & Foun. 600 44 44 4S
do preferred 100
Am. Cotton OH.. 800 83V4 83 8
do preferred ..... ..... 86
American Express ..... :. 210
Am. Htl. & Lt. pf 16
Am. Ice Securi.. 100 62 62. BS
Am. Linseed OUT. 10
do preferred 23
Am. Locomotive .. 600 -68 68 68
do preferred .... . 104
Am. Smelt. A Ref. 900 118T4 118 11S
do preferred -.. loo
Am. Sugar Ref 123
Am. Tobacco ctfs 63
Anaconda 'Mln. Co. 1,600 69 68 68
Atchison S.4lK 82 9lii 92
do preferred 5O0 93 93 93
Atl. Coast Line.. 1 98 9K 98
Bait. & Ohio 800 88 98 97
do preferred
Brook. Rap. Tran. 2,600 67 66 56
Canadian Pacific.. 1.400 178 177 178
Central of N. J.. 180
Chea. & Ohio 900 35 86 35
Chi. -Gt. Western.. 600 11 11 11
Chicago & N. W.. 600 161 150 151
C, M. & St. P.. 6.200 135 184 184
Chi. Ter. & Tran 8
do preferred ..... ..... 16
C. C, C. & St. L. 68
Colo. Fuel & Iron 800 82 31 31
Colo. & Southern 2,000 25 24 25
do 1st preferred. 69
do 2i preferred.. 400 46 ' 45 45
Consolidated Gas.. ' 117
Corn Products ...... 72
Del. & Hudson -. 172
Del., Lack. & Wes. 4H5
D. & R. Grande.. 1.100 28 28 27
do preferred ........... ..... ..... 71
Distillers' Securi 66
Erie 1,000 25 25 25
. do 1st preferred. 100 69 69 69
do 2d preferred.. 2l 42 41 41
General Electric. 1.600 140 137 140
Illinois Central... 800 145 145 143
Int. Paper 14
do preferred ..... 71
Int. Pump 23
do preferred .... ...... 70
Iowa Central 17
do preferred .. 200 89 89 88
K. C. Southern... 600 27 27 27
do preferred 67
Lou'.s. & Nash.... 700 118 11T 117
Mexican Central 21
Minn. & St. L 100 41 41 41
M..St.P A S.8. M. 107
do preferred .... ...... ..... ..... 136
Missouri Pacific 75
Mo., Kan. & Texas 1,300 85 35 . 35
do preferred 200 66 66 66
National Lead ......... ..... 61
Mex. Nat. Ry. pf 60
N. Y. Central 600. 113 113 113
N. T..Ont. & Wes. 200 86 36 36
Norfolk West 76
do preferred 70
North American .. 600 . 68 67 68
Paclflo Mall 1.900 31 81 31
Pennsylvania .... 8,600 124 123 124
People's Gas 91
P.. C. C. & St. L 68
Pressed Steel Car. 100 85 35 8ft
do preferred 90
Pullman Pal. Car. 100 162 162 I8O
Reading 62,700 105 104 104
do 1st preferred .' 80
do 2d preferred.. 78
Republic Steel ..... 28
do preferred .......... ..... i.... 84
Rock Island Co.. 100 22 22 22
do preferred.... 200 47 47 47
Rubber Goods pf 8
Ft.L & S. F. 2 pf. 200 87 87 37
St. L. Southwest. 21
do preferred 61
Southern Pacific... 42,100 85 82 84
do preferred .... 1O0 112 112 111
Southern Railway. 200 20 20 20
do preferred ..... ..... 66
Tenn. Coal A Iron 144
Texas & Pacific. 100 80 80 30
Tol.,St. L. 8c Wes. 200 27 27 28
-do preferred .... 5O0 49 49
Union Pacific .... 46,100 145 144 1?T
do preferred fla
II. S. Express 305
U. S. Realty 62
U. S. Rubber .... 7,209. 35 34 35
do preferred ps'
U. S. Steel 17,500 87 38 88
do preferred .... 600 100 100 lnou
Va.-Caro. Chem... .... 28
do preferred 101
Wabash ..... ... 13
do preferred .... 25
Wells-Fargo Ex... .. 280
Westinghouse Elee. 400 146 145 146
Western Union ... 700 80 78 80
Wheel. & L. Erie 10
Wisconsin Central 17
do preferred 40
Northern Pacific... 11,800 137 136 136
Central Leather 23
do preferred 91
Sloes-Sheffield 67
Gt. Northern pf.. 4,900 138 137 187
Int. Metal 15
do preferred ..... 44
Total sales for the day. 238,700.
BONDS.
NEW YORK, July 20. Closing quotations:
U. S. ref. 4s reg,105HN. Y. C. O. 8c. 90
do coupon. ... 105 North. Pac. 3s... 70
U. S. Ss reg 102 North. Pac. 4s... 100
do coupon. .. .103 , South. Pac. 4s...'87
U- S. new 4s reg. 127 I Union Pac. 4a.. 99
do coupon. .. .128Wls. Central 4s. 84
Atchison adj. 4a 88 Jap. 6s 2d series. 99
D. & R. G. 4s... 93jap. 4s ctfs.... 90
Stocks at 1ondon.
LONDON, July 20. Consols for money,
84.; do for account, 84 1-18.
Anaconda UTslMo., Kan. & T... 86
. 95
. 96
N. T. Central . . .
116
78
87
37
63
INorfolk & W7est.
,100
ao preierreu..
Ontario West.
Pennsylvania . ..
Rand Mines
Reading
Southern Ry
do preferred..
.182
39 I
. 11!
.138
. 22
29 I
"
26
. 62
. 43
. 29
14S
.120 I
6
63
20
69
S4
148
89
37
103
14
26
Southern Pac...
Union Pacific...
do preferred...
U. S. Steel
do preferred . .
Wabash
do preferred. .
' Money Exchange, Eto.
NEW YORK, July 20. Money on call.
nominal. Time loans, dnll and easier; 60
days, 4 per cent; 80 days. 6 per cent; six
months, 6, fr6 per cent. Prime mercantile
paper, 6S6 per cent.
Sterling exchange, steady, with actual Busi
ness in bankers' bills at 4.8685ff4.90 for
demand and at 4.83654.8370 for 60-day bills.
Posted rates, S4.844.87. Commercial bills,
4 834.83.
Bar sliver, 68 c.
Mexican dollars. 63c.
Government bonds, steady; railroad bonds.
Irregular.
LONDON. July 20. Bar sliver, 81d per
ounce.
Money, 1T2 per cent.
The rate of discount In the open market for
short bills Is 33 per cent; for three
months' bills, 8ig3 per cent.
SAN FRANCISCO, July 20. Silver bars,
68e. Mexican dollars, 62a.
Drafts Sight, 10c; telegraph, ISo.
Sterling on London, 60 days, $4.84; sight.
S4.87. ,
Eastern Mining; Storks.
BOSTON. July 20. Closing Quotations:
Adventure ..1
Alloues .....
Amalganiatd
Atlantic
2.50
45.00
94.87
12.25
Parrot . ..., 19.00
Qulncy ......117.50
Shannon .... 17.37
Tamarack 107.00
Trinity 22.75
United Cop... 64.00
U. S. Mining. 48.25
U. 8. Oil 8.1.0
Utah 43.75
Victoria 7.00
Winona 9.50
Wolverine ...161.00
Bingham
15.60
Cal. 4 Hecla.805.0o
Centennial
29.50
80.50
16.50
14.23
2000
5.50
14.25
82.00
2.75
45.00
Cop. Range..
Daly West .
Franklin . . .
Isle Royale..
Mass. Mining
Michigan . ..
Mohawk
Mont. C. C.
O. Dominion
North Butte.. 82.87
Butte Coalit. 2o.3 1
Nevada 14.50
Cal. & Arls,. 167.00
Aria. Coml... 25.75
Osceola 128.00
NEW YORK, July 20. Closing quotations!
Adams Con..... 9
Alice 390
Breece 20
Brunswick Con.. 23
Comstock Tun... 25
Con. Cal. & Vs.. 64
Horn Silver 140
Iron Silver 223
Leadvllle Con... .8
Little Chief 6
Ontario 400
Ophld .....180
PotosI 16
Savage 62
Sierra Nevada... 88
ISmall Hopes .... 30
Standard ISO
PORTLAND LTV K STOCK MARKET.
Prices Currant locally on Cattle. Sheep and
Hogs.
The livestock market ruled steady at un
changed prices. Receipts were 48 cattle and
23 calves.
The following prices were quoted Id the
local market yesterday:
CATTLE! Best steers, $3.8534; medium,
$3.26'3.60; cows, $3; fair to medium cows,
$2. 60S 2. 75; bulls, $22.50; calves, $45.
SHEEP Good sheared, $44.25; lambs,
$5.25&5.S0.
HOGS Best, $8.6696.76; lights, fats and
feeders, $6.256.60.
' Eastern Livestock - Prices.
CHICAGO, July 20. Cattle Receipts, 800;
steady. Beeves, $4.607.25; good to prime
steers, $3.7037.25; poor to medium, $4,603?
6.65; stockers and feeders, $2.80 5.00; cows
and heifers, $1.505.25; calves, $5.607.25.
Hogs Receipts, 10,000. Strong. Mixed,
$5.666.10; good to choice heavy, $3.80
6.93; heavy, $5.30 5.95; rough, $5.30 5.60;
light. $5.80S6.12; pigs, $5.606.03.
Sheep Receipts, 4000. Steady. Sheep, $3.73
09.90; lambs, $5.767.40; Western sheep,
$4.006.90; yearlings, $6.00 6.60; Western
lambs, $5.75 7.60.
KANSAS CITY. July 20. Cattle Receipts,
600. Unchanged. '
Hogs Receipts, 6000. Market 6c higher.
Heavy, $5.755.80; packers, $5.80(33.97;
pigs and lights, $5.906.02.
Sheep Receipts, none. Market, nominally
steady.
SOUTH OMAHA, July 20. Cattle Re
ceipts, 800. Market, unchanged.
Hogs Receipts, 8000. Market 60 higher.
Heavy, $5.7005.82; mixed, $3.75 5.80;
light, $6.82i56.93; pigs, $3.255.85.
Sheep Receipts, 100. Market. steady.
Yearlings, $3.506.1S; wethers, $5.005.7O;
ewes, $4.60 6.35; lambs. $8.00 7.75.
New York Cotton Market.
NHIW YORK, July 20. Cotton ' futures.
quiet. July, ll.T6c; August, 11.48c; Septem
ber, 11.86c; October, 11.76c; November, 11.68c;
December, 11.76c; January, 11.82c; February,
11.86c; March, 11.91c; April, 11.94c; May 12o.
Imports and Exports,
NEW YORK, July 20. Imports of specie
at the Port of New York for the week end
ing today were $200,050 silver and $198,861
gold. Exports of specie for the week were
$1,064,251 silver and $92 gold.
Atchison
do preferred.
Bait, k Ohio...
Canadian Pac. .
Ches. A Ohio..
Chi. Gt. West..
Chi. M. Sl S. P.
De Beers
D. R. Q
do preferred.
Erie
do 1st pref . .
do 2d pref. ..
Grand Trunk..
Illinois Central
Louis. & Nash. .
"Weddings and Strikes
"That set
'me for the automatic,'
"It might
to know that the total maintenance expense of sarts for our entire plant of 3000 switches for the past eighteen months has
been $10.24.M writes Superintendent J. A. Duncan, of the Sioux City Telephone Company, Sioux City, Iowa. (This company
operates the AUTOMATIC TELEPHONE SYSTEM.)
"A like sum
would perhaps take care of the repair cost on operators chairs In a manual exchange of the same size," adds Mr, Duncan.
It occurs to us
that the one Item of switchboard cords alone for a manual exchange of 3001 lines would amount to at least 9150 in eighteen
months.- That is fifteen times the cost of all repair parts on the Sioux City automatic exchange.
That is only
Aberdeen, S. TX
Akron, Ohio.
Allentown, 'Pa,
Auburn, Me.
Auburn. N. T.
Battle Creek, Mich.
Beaver Falls, Pa.
Bellinsham, Wash.
.Butte, Mont,
Cadillac. Mich.
Champaign, 111.
LAFAYETTE xBLOCK
DUMP THEIR WHEAT
Longs Are Free Sellers in Chi
cago Market.
PRICES GIVE WAY SHARPLY
Weakness Due to Reports From the
Northwest Telling of the
Improved Condition of
the Crop.
CHICAGO. July 20. The marked improve
ment reported in the crop situation in the
Northwestern part of this country caused a
weak market in wheat today and prices de
clined sharply. At the close September wheat
was llo lower. Corn was down S3fce.
Oats were oft c Provisions were 2 to
10b lower.
The wheat market, save . for a firmness at
the opening due to firm cables, was weak all
day. Throughout the session, tired and dis
gusted longs dumped lines of wheat on the
market. At no time during he session was
the support able to meet the selling pressure.
So many reports were received from the
Northwest telling of the Improved condition of
the crop that many holders were fearful of
carrying their wheat over Sunday. The close
found the market weak. September wheat
opened o lower to c higher, at 9293c,
sold between 91o and 93c and closed at 91
91c
September corn opened a shade to c
lower, sold between 6252o and closed at
62c.
September oats opened a shade to o
lower at 88e. sold between 37o 40
88 e and closed at 38c.
Provisions were dull. September pork closed
2o lower, at $16.47. Lard was down 7
lOo, at $9.109.12. Ribs were 2-5o lower,
at $8.678.70.
Leading futures ranged as follows: .
WHEAT.
Open. High. Low. Close.
July $ .90 $ .90 $ .89 I .89
September ... .93 .93 .91 .91
December .96 .96 .95 .95.
May 1.01 1.01 .99 .99
CORN.
July .52 .62 -61
September ... .62 .52 .62
December 49 .49 .49
May 61 .51 .60
' OATS.
.61
-S2
.49
.60
July 42 .42
September ... .88 .38
December S9 .39
May .40 .40
.42
.37 Tj
.38
.40
.42
.88
.38
.40
MESS PORK.
September .16.47 16.47 16.47 16.41S4
LARD.
September
October .
80S 8.12
9.10 9.17
SHORT RIBS.
9 05
9.10
9.1?
8.17
September ... 8.05 8 70 8.85 8.70
October 8.62 8.05 8.62 865
Cash quotations were as follows:
Flour Basy. Winter patents, $4.10!f4.40;
straights. 13.704.20; Spring patents, .84.70
4.90; straights, 4.104.60; bakers', 2.60
8.50.
Wheat No. 3 6pr!n(f, 98cl; No. 8, 94$
99c; No. 2 red, 8990c.
Corn No. 2, 62; No. 2 yellow. 6252o.
Oats No. 2, 42c; No. 2 white, 4344c;
No. 8 white, 85c.
Rye No. 2, 60(355o.
Barley Good feeding;, 6963c; fair to choice
malting, 65t963c.
Flax seed No. 1 Northwestern, $1.22.
Timothy .seed Prime. $4. 66.
Clover Contract grades, $15.50.
Short ribs Sides (loose), $8.378.62.
Mess pork Per barrel, $16.3016.40.
Sides Short clear (boxed), $8.959.
Whisky Basis of high wines, $1.31.
Receipts. Shipments.
Flour, barrels ,.
Wheat, bushels
Corn, bushels ...
Oats, bushels ...
Rye, bushels . . .
Barley, bushels .
23.400
21,400
... 37,000
...290.400
...178.600
... 4.0OO
... 16,400
20,400
656.600
196,700
"e.'doo
GraJs. and Produce at New York.
NEW YORK. July 20. Flour Receipts,
22,800 barrels; exports, 8765 barrels. Market
was easy and lower to selling. Mlnensota
patents, $635.35; bakers', $3.70S4.20; Winter
patents, $4.404.90: Winter straights, $4.25
4.45; Winter bakers', $2.104.70; Winter low
grades, $34.60.
Wheat Receipts, 72,900 bushels; exports,
82.857 bushels. Spot, easy; No. 2 red, 95c
elevator; No. 2 red. 97c f. o. b. afloat: No.
1 Northern, Duluth, $1.09 t. o. b. afloat.
Under stop-loss selling. Inspired by perfect
weather conditions West, wheat broke 1 cent
are the bane of a telephone manager's life," said one of the afflicted the other day In our office. "It's hard enough to get
operators, anyway, and just when they beg-in to be worth their salt they start something- doing-. One day this Spring- I
learned that two of my best operators were going- to get married soon and that a bunch of the worst ones were framing
up a labor union. .
me thinking
about how much we are at the mercy of these girls. And then they're harder to get from year to year. I figured lt all
out what we spend for the operator hire, for training them and for the extras for their comfort, and how little we get"7or
all this, and I decided that If automatic equipment would wlp out these two Items and the worry that accompanies them,
it was (.
How many managers are In the same fix? Don't all
switches never get married, or go on a strike; they are
time," as an enthusiastic automatic exchange manager
on 3000 switches in a year and a half, in one instance
operators a manager can get.
interest you
one
of the many economies of the AUTOMATIC SYSTEM. These economies all help to swell the proofs. And the AUTOMATIC
being the best service, commands the highest rates. Loir production cost plus high selling price equals big dividends. That
is what led to the adoption of the AUTOMATIC TELEPHONE SYSTEM in the following cities:
Chicago, ITI.
Cleburne, Texas.
Columbus, Ga.
Columbus, Ohio.
Dayton, Ohio.
Denver, Colo.
F.l Paso, Texas.
F.mass, Pa.
Fall River, Mass.
Orand Rapids. MkJh.
Hastings, Neb,
Havana, Cuba.
Hazleton, Pa.
Holland. Mich.
Hopklnsvllle, Ky.
Jonesboro, Ark.
Lake Benton. Minn.
Lewlston, Me.
Lincoln, Neb.
Ivos Angeles, Cal.
Manchester, Iowa,
Marlanao. Cuba.
Marlon. Ind.
LOUIS
DOWNING-HOPKINS
BROKERS
STOCKS, BONDS, GRAIN
Booths am soU tar sash and e asarets.
Prints Wires ROOM 4. CHAMBER OF COMMERCE
OUT-NUMBER THREE
Home Phone Directory
Containing SOOO Subscribers
To Be Delivered In a Few Days
The Home Telephone Plant 13 now on a substantial
paying basis. No better time than now to buy Home
Telephone Securities.
Portland Home Stock Around $45
Portland Home Bonds Around $85
A PiflrI It- Th9 man who ouys on any reaction will pocket
f Tt large returns. Many larsre blocks of thesa
Home Bonds have been purchased In the last 30 days by Insiders.
The prudent and successful Investor Invariably buys when condi
tions are such to cause a weak market and timid Investors sell out
LOUIS J. WILDE
6 LaFayette Building Portland, Oregon
today. July closed at 97a, September at 08c,
December at $1.01, May at $1.05.
Hops Steady. Paclflo Coast, 1906, SSllc;
state common to choice, 1416c.
Hides Quiet.' Central America, 22 c.
Petroleum Firm: refined New Tork, 8.45o;
Baltlitiore, 8.40c; do. In bulk, 4.95c.
Wool Steady; domestic fleece, 21(&23c.
Grain at Ban Francisco.
BAN FRANCISCO, July 20. Wheat Quiet.
B a rl ey S teady .
Spot quotations: Wheat 8hlpptng, $1.4549
1.60; milling. $1.6591-65.
Barley Feed, $L23i81.26; brewing, $1.23
1.27.
Oats Red, $1.371.66; white, $1.40S'1.65;
black. $l.ao1.75.
Call board sales: v Wheat, $1.584.
Barley, $1.26.
Corn Large yellow, $1.4731.52. .
Minneapolis Wheat Market.
MINNEAPOLIS, July 20. Wheat No. 1
Northern, 98c: No. 2 Northern, 9So; No, 3
Northern, 92694c.
Wheat at Tacoma.
TACOMA, July 20. Wheat Unchanged.
Bluestem, 86o; club, 84c; red. 82a.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Products In the Bay City
Markets.
SAN FRANCISCO. July 20. The following
prices were quoted in the produce market
today:
FRUIT Apples, choice, $1.50: common,
$1; bananas, $2.50 3.50; Mexican limes, $4;
California lemons, choice, $4.50325; common,
$1.5002.25; oranges, navel, $1.25 s 8.50; pine
apples, $2.50 3.
VEGETABLES Cucumbers. 60S60c; garlic,
834c; green peas, string beans. 2'S3o;
asparagus, 4cdllc; tomatoes, $1.00(1.75.
EGGS Store, 1923o; fanoy ranch, 233
24o; Eastern, 1719c.
POTATOES Sweets, $4S4.60; Early Rose,
$2.402.50; Oregon Burbanka, $2.75; new
potatoes, $3.
ONIONS Australlan.N $44.50; Bermuda, $2
g2.25; young, $38.10.
BUTTER Fancy creamery, 26o; cream
ery seconds, 23c; fancy dairy, 25c; dairy seo
onds, nominal; pickled, 22'-'3c.
WOOL Spring, Humboldt and Mendocino,
2325c: Eastern Oregon, 20824c; Nevada, 159
18c; South Plains and San Joaquin, 1318c.
HOPS California, 67c; contracts, 103llc.
CHEESE New, 15c; old, 14c; Young
America, 16c; Eastern. 12c; Western, 15c
HAT Wheat, $17.50919: wheat and oats.
I9S16: alfalfa, $8.504(13. 60; stock, $7. BOSS;
straw, 45 85c.
MILLSTUFFS Bran, $1920; middlings, $27
S30.
POULTRY Roosters, old, $4rff4.60; young.
$6.607.60; broilers, small, 12.50 3; large, $3
4; fryers, $4.60ti5.60; hens, $56; ducks, old,
$4tT5; young, $56. .
FLOUR California family extras, $5.20
6.70; bakers' extras, $5.205.45; Oregon and
Washington, $4.9065.20.
RECEIPTS Flour. 8S80 quarter sacks;
wheat, 1383 centals; barley, 8230 centals; oats,
640 centals; beans. 114 sacks: corn. 850 cen
speak at once, but think lt over, and remember that the automatio
never tired, or peevish, or unruly; but they "are all there all the
said recently. Their maintenance is small $10.24 for repair parts
and, taking lt all around, they are the most efficient and economical
Medford, Wis.
Mlamlsburg. Ohio.
Mt. Olive, I1L
New Bedford, Mass.
Oakland, Cal.
Ocean Park. Cal
Omaha, Neb.
Pentwater, Mich.
Portland, Me.
Portland. Or.
Princeton. N. J.
Richmond, Ind.
Riverside, Cal.
Rochester, Pa.
Rushvllle, Ind.
San Diego. Cal.
Ban Francisco, Cal.
anta Monica, Cal.
Saskatoon, Saak., Can.
Bloux City, Iowa.
South Bend, Ind,
Spokane, Wash.
&prlnc&eld. Mo.
J. WILDE
CO.
Yhont Main 37
tals; potatoes. 1R60 anV- ba
hay, 760 tons; wool. 8 bales.
Dried Fruit at New Tork.
NEW YORK, July 20. Evaporated apples
are firm, but little business Is reported.
Fancy. 8c; choice, 8c; prime, 78c;
poor to fair, 67c.
Prunes are very firm on the Coast, ac
cording to private advices, but the spot
market is unchanged. Quotations range
from 4o to 12 c for California fruit and
from 8o to 9c for Oregons up to 80-40s.
Apricots steady; extra choice, 22o; fancy, '
22g28e.
Peaches are quiet; choice. 11 12c: ex
tra choice. 12013c; fancy, 1813c; ex
tra fancy, 1414c.
Raisins are quiet on spot. Loose mus
catel. 810o; seeded raisins, T18c;
London layers, $1.65 1.85.
. Wool at St. Louis.
ST. LOUIS, July 20. Wool Steady. Ter
ritory and Western mediums. 2128c; fine
medium. lTWlPa: fine. 14Wlc.
Quotations Furnished by Roberts & Co.
81SV4 Washington St.
BONDS.
American Biscuit....
Bid.
Ask.
$1.00
1.02'
.80
1.00
1.00
.99
.85
.80
.80
Oregon Water Power
Omaha Ind. Tel
Pacific Coast Biscuit
Portland Gen. Eleo
Portland Railway
Portland Home Tel
Spokane Home Tel...
Tacoma Home Tel
BANK STOCKS.
Bank of California..
Bank're & Lumb'rm'ns 1.00
Merchants National...
Oregon Trust & Sav's
Portland Trust Co
U. S. National 2.00
German-American ... ,
1.60
1.20
.45
.27
.60
.95
.15
42
.40
.40
INDUSTRIAL STACKS
Alaska Packehs Assn. .43
Associated Oil Co 26
Omaha Ind. Tel. Pfd
Pac. Tel. & Tel Pfd
Pac. Tel. & Tel. Com..
Portland Home Tel... .40
Spokane Home Tel
Tacoma Home Tel
MIMKG STOCKS.
Alaska Pet & Coal
Treasury ......
Pat - Pnnl
.13
Pooled -V
Mammoth (Metallne) MkA
Mornlnsr (Metallne) 03
Standard Consolidated 06
British Col. Amal.
cqh1 ....... Mat.
Correspondence solicited Public In
vited. $5100 Portland Home Tel.
$2500 Omaha Independent Tel.
$1000 Portland Home Tel.
$2000 Portland Home Tel.
5 shares Portland Home Tel.
4200 mining snares.
St. Marys. Ohio.
Tacoma, Wash.
Toronto Junction, Can..
Traverse City, Mich.
1'rbans. Illinois.
Van Wert, Ohio.
Walla Walla, Wash.
Wausau, Wis. ,
Westerlv, R. I.
Wilmlnston, Del.
Woodstock. N. B., Can.
PORTLAND, OREGON