THE SUNDAY OHEGOXIAX. PORTLAND. JULT 31, 1910. 15 STEAMER HOT HURT Divers Find Hull of Riverdale Unscathed by .Scraping. CHANNEL TO-BE CLEARED Grillage of Old Ma ill son Bridge Pier Floats to Surface After Big Tramp Is Moved From Its Position. Unconvinced that the big tramp Rlver fiale suffered no material damage in crashing against the submerged residue, of the Madison-street draw pier, orders were issued last evening by the under writers for diving operations to be con tinued today. As with the work Friday, nothing was discovered yesterday to in dicate the tramp had been damaged sufficiently to class her as unseaworthy. A steel frame ahout four feet wide, Rnd as long as the River-dale' s beam, was rigged yesterday as staging, planking be ing placed crosswise nd lashed. After being heavily 'weighted it was lowered over the side and hauled beneath the Vessel so that the ends projected beyond the bilge on port and starboard. On that the diver worked, and he examined the Jiull from where she struck to the stem. "Water was also discharged from the ballast tanks so that the examination could be conducted as thoroughly as pos sible, and by means of a heavy timber the tramp was held away from the North Eank dock to take advantage of deeper "water. A purpriw was reported in the case of he Riverdale in the morning when the frrillase. on which the bridge pier was iuilt, floated to the surface and was found near the foot of Main eitreet. where It was later moored. It is said that when the pier was blasted away, shots Avere placed in the riverbed that loosened the foundation, hut for some reason all of It, wa not removed. The theory is that It was loosened and had worked from its portion when struck by the 3tlverdale, which forced the grillage on itsi side, as it was heavily bolted, and was lield there until the tramp's cargo was sufficiently removed to give her buoy ancy. It chanced that George Tilden, a llver employed by the bridge contractors to examine the olstruction, was in charge of the work when the old pier was con structed. The Oriental liner Rygja Is to be taken to Tnman-Poulwn's early this week and the tramp Hazel Dollar, which Is at the Portland mill, will he loaded about the middle of the month, so the pilots will flrst ascertain how the channel is through the bridge before moving the vessels. As there must be 30 feet of water in the clear, below zero, as demanded by the "War Department as part of the project to provide a HO-foot channel from Port land to the sen, the contractors mum have the roadway free -before the Government officers will pass the structure. ( AtlFOKMA TRADE INCREASES Portland Sends 3,777.000 Feet More Lumber Than In July, 1909. Shipments of Oregon forest products from I'ortland In July reached 23,271, 032 feet, of which 10,751,000 feet repre sented the total sent to California, 4,474.000 feet being destined for San Fedro. The coastwise movement was 3,777.000 feet in excess of the ship ments for July, 1909. Four tramps, the Saint Dunstan, Eir. Coulsdon, and Riverdale, cleared for off-shore ports, while the American riark Pactolus took a full cargo and the Oriental liner Hercules a part load of 1.277.848 feet. The total foreign ship ments amounted to 12.520,032 feet, val ued at J1fi2,702. In June the exports aggregated 14,537,178 feet, valued at $177. Ml. but in July of Tast vear 13, 94!"., 367 feet, valued at $126,818 was shipped, a larger measurement than this month with a smaller valuation. . Two lots of wheat were dispatched, the British bark Iverna taking to the Vntted Kingdom 13B.439 bushels, worth $109,100, while the Oriental liner Hercu les had S340 bushels. In July. 1909, there were no grain cargoes cleared and hut one int. or nour. containing STa barrels, though this month the Hercules carried 26,156 barrels, worth $117,702. Prospects for August in cereals are not unusual. There will be good movement of flour across the Pacific, but little hope for grain going to the United Kingdom because harvest Is on In full swing and the new crop Is not expected to reach tidewater until the latter part of the ' month. With the tramp Hazel rollar in port and theTielle of Scotland and Jerho,! due. while the Glennlee will be along Boon, there is reason to believe Portland will havo 10,000,000 feet of lumber afloat by August 15. The Japanese steamer Otaru Maru No. 2 is due Aug ust 20 and there are at least two ad ditional cargoes bought for which transportation should be secured by the end of the month. OCKI.AHAMA IS OLD STEAMER C aptain Logan, of Lloyd's, Saw Tow boat Here Thirty Years Ago. While. Captain W. H. Logan, of Lon don, representing Lloyd's, titood on the efter dock of the tramp Riverdale yes terday, gazing at the steamer Ocklahama, lieaded downstream, he recounted a story of having been in the harbor 30 years ago when the clipper ship Lucille, then used as a naval reserve vessel by Great Jiritain. was towed from the sea by the Ockl.thama. Hert Ball, of the Willamette Iron & Steel Works, said that in part It was the same old Ockhiliama. for though the craft lias h new hull and boiler, she retains the former machinery. Captain Logan re called that on that voyage the Lucille carried wheat to the United Kingdom and received a rate of approximately $20 a ion. w nne in port ohe fouled a Scotch bark, tearing down some of her upper riKK ng. and it fell to the lot of the naval reserve seamen to make repairs. PORTLAND LEADS DISTRICT Makes Best July Record in Cereal Shipments Since 1905. In further attesting" to her' suprem acy as a wheat-shipping point, the Merchants' Kxchange statement shows this port has lnnn....j cereal year by dispatching both coast- .. ...... ousnels, ex ceeding the months movement from Puget Sound by 299.742 bushels. - la the California trade alone she forward- lSO.SOO bushels over the corresponding- PCI I A (1 1U7. Pujret Sound shipped 133.S59 bushels in July, and for the same period last year sold 73.SR4 bushels. Her contri bution to California was 92.159 bush els, and in July, 1909. it reached but 7,S bushels. Even thouRh it was an average month for flour. Portland's share of the Oriental and California buelnesH increased Iter showing? over July. I!n9, by 14.579 barrels. The best previous corresponding period for six seasons' was in 1905, when Portland sent 437,958 bushels. Newport Grounds in Columbia. "While the steamer Newport, from Bandon, was en route up the Columbia early yesterday, she went aground on Walker's Island, and it is expected she will be afloat this mornins. The ves sel is reported resting on a mud bank. A Dunham, of the Southern Oregon Transportation Company, which op erates the craft, was aboard and reached the city yesterday afternoon. He says it was clear when she struck. When the vessel reaches here she will be equipped with a new propeller and is to sail Wednesday night. Yucatan Bids Reach Lloyd's. Bids for repairs to the steamer Yucatan, now at Victoria, where she was towed after being raised in Alaskan waters, were yesterday reported to have been received by Uoyd's at London, where they will be considered. It ie not im probable that the ambiguous specifica tions will be adjusted so that the owners and insurance Interests will reach an understanding, in which event the con tract for repairs will no doubt be awarded the Willamette Iron & Steel "Works, which filed the lowest bid. Marine Xotes. Preparations are being made by the Corps of Engineers, U. S. A-. to fit dlp- 6IRAMTB tNTELLIGBltC. Dm to Arrive, Name, From Kygja. Honckcnr---. Beaver San Pedro.. fiue H. Elmore. Tillamook-... Uolden Gat. ... Tillamook... -Geo. W. Elder.. San Pedro.... Sella Honjrkonar. . . . Date. In port In port In port July ol Aug. A U. Aug. Aug. Aug. Aug. Aug. Aug. cetr ....ban Pedro. . . Breakwater. ...Coos Bar. ... Eureka Eureka Falcon. ........Ran FrancltcO Rose City.... ..San Pedro... Roanoke. ......San Pedro.... 8cbeduled to Oopart. Name. For Beaver. ...... .San Pedro...- Sue H. Elmore. Tillamook.... Golden Gat. .. .Tillamook. ... Breakwater. . . .Coos Bay. . . . . Geo. W. Elder.. San Pedro.... Eureka. ....... Eureka. ...... Bear. . ........San Pedro Falcon........ Ban Franelsco Ryc.la. Honrkong. . . . Roanoke. ...... San Francisco Rose City. ..... San Pedro... fielja. . Hongkong. Oat a Aug. 1 Aug. Aug. Aug. Autf. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 2 2 3 8 6 a 7 IO 10 11 12 per dredge No. 1 for service soon, so she can begin operations on the Cow litz River. It was yesterday reported that the Norwegian steamer Tricolor, . 2a tons, which left Oyster riarbor, B. C, July 4 for Alaska, had been fixed to load lumber here for Australia. Steam pipe and other material ar rived yesterday for use in repairing the steamer Charles R, Spencer, and it Is expected she will resume operations to Hood River Tuesday. She will be equipped with a new water, heater. United States civil service examina tions are to be held here September 8 for those wishing to advance to day in spector in the customs service, and the following day they will be conducted for applicants desiring to reach the clerical grade. 1 Wrhen the steamer Sarah Dixon was detailed yesterday to shift the bjg steamer Beaver to Irving dock, it was found that because of a stiff breeze in the lower harbor she could not perform the task, so the steamer Shaver was sent to her assistance. Portland wholesalers yesterday re ceived a consignment of 108 tons of Central American coffee, which was discharged from the steamer Thomas L. Wand. She had in addition SOO tons of asphalt and some cement. The vessel departed last evening for Grays Harbor to load lumber for San Pedro. Later instructions to the master of the Norwegian steamer Titania, which was chartered Friday by J. J. Moore & Co., and was to have proceeded to sea yesterday to load coal at Comox, al tered the plans and she will be held here pending further orders from the charterers. The tramp Aagot. which is coming for lumber in the interest of the same firm, sailed Friday from Eu reka and is due Monday. Movements of Vessels. PORTLAND. July 30. Sailed Steamer Johan Foulsen. for Ran Pedro; steamer Eu reka, for Eureka; Meamer Thom. T. Wand, for urays tiarbor ; steamer Shna Yak. for 3an Pedro, via Rainier. Arrived Steamer Wash ington, tram an frrancieeo. Astoria. July 30. Condition at the mouth or tne river at a M .. smootn; wind, north west, 26 miles: weather, partly cloudy. Ar rived down at midnight and sailed at 4 A. Ki ef earner Yosemlte. for Kan Franclsoo. Arrived down at 8 and sailed at 4:8 A. M., steamer laremont, tor Aberdeen. Arrived at 8 and jert up at ii:4U a. At.. eteamer Washington, frouv San Francisco. Arrived at 2 P. M., steamer Golden Gate, from Tillamook. San Francisco, July SO. Arrived at 5 A. M., steamer Roanok.e. from Portland; at 11 A. M., steamer F. S. Ioop. from Portland. Sailed at 1 P. M.. steamer Bear, for Port land. Arrived at 4 P. M.. steamers Maverick ana rtosecrans. irom fortiana. West port, July 30. Passed in at 11 A. M.. steamer C Laremont. from Portland, for Aber deen. San Francisco, July SO. Arrived Steam ers Roanoke and Maverick, from Portland ; City of Puebla. from Victoria; Santa Bar bara, from Grays Harbor; F. S. Ioop. from Columbia River; Flfield. from Bandon; Al den. from Sydney: Redondo. from Coos Bav. Sailed Steamers Sierra, for Honolulu ; Gov ernor, for Seattle; Bear, for Portland; Nor wood, for Santa Monica. Grays Hkrbor ; Mexican, for Honolulu, via Seattle and Ta coma. Hongkong. July 28. Arrived Empress of Japan, from Vancouver. Hongkong. July 27. Sailed Admiral Hamelin. for San Fra.nc1nm. Seattle. July 80. Arrived Steamer Vic toria., i rum x acoma; steamer gueen, from Skanway; steamer Meteor, from Dunnnt: steamer Lucia Xeff, from San Francisco; . a. i nerenne, rrom san Francisco steamer Msckinaw, from Tacoma. Sailed Steamer Meteor, for Ska way; steamer Uma tilla, tor sound ports. Tacoma, July 30. Arrived Steam,. -,ma- tllla. from Sound porta; Japanese steamer Panama Maru. from Seattle. Sailed steamer victoria, for Sound ports; German steamer isicaria, xor west coast and Ham burg. Io Aflgeles. July , 3V Arrived Steamer James S. Higgin. from Fort Br&gg. Stalled Steamers Carmel. for Portland; Carlos, for Willana; Shasta, for Columbia River; James S. H 1 gin, for Fort Fragg; Xakomls. for w in stow; w imam Kenton, ror 'port Town- semi. T1de at Astoria Sunday. High. Low. V ?Z A. M 5 feet3:Oo A. M. O.S foot 8:So P. M 8.Q feet;2:22 P. M. S.8 feet .Money, Exchange. Etc. NEW YORK. July SO. Money on call nominal. Time loans easier; 60 days, 3S"4 per cent, ami w days. 4 per cent; 1 months, s rer cent. Prime mercantile paper closed at 5Hf6 per cent. Sterling exchange easy, with actual busi ness In hankers' bills at $4.S32AM.&3S0 for w-aay 01ns ana at 4.&3lo&4.S2oO for de mand. . Commercial bills, M.saifc 4.83. Bar silver. SSc. , Mexf c swi dollars, 44C. Government bonds, steady; railroad bonds. irregular. SAN FRANCISCO. July SO. Sterling on bonaon. tin a ays. .&; sterling on London, sight. S 1 1 ver bars S3 c Mexican dollars 45c. Drafts Sight. 05; telegraph, OS. CHICAGO. July SO. New York exchange, 26c premium. LONDON, July SO. Bar silver, steady, 24 Vd per ounce. Money and discounts un changed. liOggr Suffers Cut Kneecap. ASTORIA, Or., July 30. (Special.) Walter Prouiavin. an employe of the Canpbell Loft-gin? Company's camp near Skamokawa. was brought to the hospital today to be treated, his knee having: been deeply cut by a crosscut aw. CROP MAY BE LIGHT Oregon Hops Are in Need of an Early Rain. ESTIMATE, 100,000 BALES Vleld Will Be Cut Down Unless Yards Receive Moisture in Next Week or Two. The Orpeon hnn rrnn nerict rni Tt . not actually suffering, but unless there Is moisture soon, the yield will probably be cut down. Reports from several sec tions on both the East and West Side yes terday were that the vines in spots were beginning to turn yellow and otherwise showing the effect of the long dry spell. The general estimate of the crop now tand9 at 100.000 bales. Vnless there Is a good rain in the next week or two. some nuif auLiiuriues Deueve tne crop will be no larger than last year's. The latest estimates of the California crop range from 77,000 to SO.000 bales. Washington is expected to produce about 20.000 bales. The Xew York crop is placed at 35,000 to 40.000 bales. Xo business was reported in the local or Salem markets yesterday, but the rumors of exporters trying to buy were reiterated. As yesterday was a holiday in England, no cables came through. New York crop conditions are reported by papers of that state as follows: Hops are now coming from the blow nto the burr and the principal complaint Is as to lack of arms. The drouth ex tending over the past four weeks is responsible Sor this. There is general IT?? lrm Vermin and yards hive' on the whole .n , r withstand protracted dry weather better than almost any othr crop; yet rain is badly neededCobbleskill Index Frequent rains have benefitted the fZ i inKcrop a"rl"S the past few days and to all appearances the crop is coming thtaB?y" ft" TOncede- however, that out tyh 7 ' a "snt crP through out the entire state. There has blen ?hi LarCtLVe demand for "ops during the past week and numerous buyers have irfen?, tow:" ,ooki"S P the few remain- w Z AbOUt 159 ba,es wer bought here dunng the past week, for which 20 hn ZaS P8id one instance. These were not choice hops in any par ticular The better grades are 3tifl held above the market. According to an esti JT i rernt'y ma by several of our dealers there are now believed to be not to exceed 1500 bales still unsold in this state. This fc. an almost unheard of con f"lon'? """y at this time there are twice that amount. BUYERS AND SELLERS . ARE APART. No Business Rroortfd Ln the Country TVheat Market. The country reports received yesterday did not indicate much business ln the wheat market. There were some offer ings of new wheat by farmers at the prices at which sales were made early in the week, but buyers did not take them. Bids were made in some O. R & X sections in Washington on the basis of 92 cents for bluestem. 90 cents for 40-fold and J18 cents for club. There were no changes in the local market for coarse grains. Weekly foreign wheat shipments, as re ported by the Merchant's Exchange were: This Lust wwk. . week. 2.7KO.OHO 2.37C..OHO Last year. 18:1.000 reported Russia Danube 640.000 32S.OO0 Jjocal receipts, in cars, were by the Marchant's Exchange as follows: Oats. Hoy. 2 h 1 4 . wneat. Barley. Flour 10 Tuesday ift o Wednesday .... J 1 l Thursday n j Friday a i Saturday lo Tear ag-o .... 41 8 To.al this week. 77 8 Tear ago .... 8 2 Season to date.. 248 23 Year ago 41 65 6 0 3 8 9 S 45 IT 225 115 6 8 1 1 48 34 154 8 4 1 2 io 6 SI 41 BUTTER WIL1. BE HIGHER MONDAY One Cent Advance Will Be Noted ln City Creamery Quotations. There will be an advance of one cent in cjty creamery butter prices Monday, which will bring the market up to 34 cents as the basis price. From now on there will be a gradual and steady advance in butter values. An advance of 20 cents- a gallon In the wholesale price of sweet cream is also announced. The long dry spell is causing the pastures to dry up, while the strong Ice cream demand adds to the drain on the cream supply. A large shipment of cheese arrived from Tillamook yesterday, much of which was sold prior to its arrival. The cheese market was quoted firm at 17H18 cents for flats. BIO WEEK FOB THE FRCIT TRADE Stocks Well Cleaned Vp at the Close. Pestcbes Are Firmer. The fruit trade was quite good yes terday and most of the surplus that has been hanging over the market for several days waa worked off. What was carried over was in good condi tion. The season for H&le's early peaches Is about over and Oregon Crawfords will begin coming ln in a small way thia week. Calilornia freestones sold readily at firm prices, as stocks ln California are well cleaned up. A good many inferior apricots are coming ln and are hard to dispose of. Dealers also complain of excessive re ceipts of early Oregon apples, es pecially Astrachans. some of which have sold as low as 50 cents a box. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows- , . Clearings. Balances. Portland S1.555.S8S S259 671 Seattle 1.643.773 147.338 Tacoma S50.167 44.7S5 Spokane : 558.705 79 430 Clearings or Portland. Seattle and Tacoma for the past week and corresponding wee'e in former years were: Portland. Seattle. T9n,-n JgV S8.445.3S7 S 9.973.018 t 5.595.490 '99 S.289.S75 11.179.813 5.0--3,S91 lo 4.9J2.145 7, 867.089 4 07S 159 U.l'49.579 4.704.361 1908 4.537.SOK 15 S.453, ion 19tl4 2.430.48(1 3903 2.777.942 19U2 2.212.808 S.T07.245 3.638.080 6,932.252 3.083.968 3.582.782 1.747.964 4.10S.795 1. 848.178 3.345,535 1.246,053 Bank clearings of Portland for th.Z seven months of this and last year were ad follows: 1910. 109. January ...S 38. 035, 5-0.78 S 25 719-08 78 February 3rt.5'.'5.724.7S 2i!.4o6'225' March 4.-.:i4-1.32.t3 S4.99K.Sni (19 APrll 48.275.ON3.9x 3.1. 588.305 8 May 41.395.362.13 3il.334.061.14 June 42.14C018.5il 3O.043 843 "6 July 43.440,020.91 30,105.112's3 T months S29S.257.744.12 S211.183.64S.16 -Poultry Storks Are Cleaned VP. Poultry cleaned up fairly well yes terday at the prices which have pre vailed In the last half of the week. In some instances It waa necessary to shade the quotations. There were no new developments in the egg market. The demand waa not active, nor was the supply of ranch stock large. v Coffee and Sugar. NEW TORK. July SO. Coffee futures steady at a net advance to five points. Sales were reported of 89.009 bags. Closing bids August. 6.Oc; September. t.9oc: Octo ber. 7.00c; November. 7.05c: December, 7.05c; January. 7.0c; February. 7.24c: March, 7.28c: May. 7.33c: June, 7.S4c: July, 7.35c Spot steady; No. 7 Rio. 8sc; No. 4 Santos, Sugar Raw steady; "Muscovado 89 test. 8. 86c; centrifugal 96 test. 4.36c: molasses sugar S9 test. 3. Sic P.eflned Steady: cut loaf. 5.95c: crushed. S.85e; mould A. S.SOc: cubes. 5.40c;- XXX powdered. 5.30c: pow dered, 5.25c; granulated, 5.15c; diamond A. 5.15c; confectioners A, 4.95c: No. 1. 4.90c; No. 2. 4.85c: Xo. S, 4.80c; No. 4. 4.75c; No. 5. 4.70c: No. 6. 4.Sc; No. 7. 4 0c; No. 8, 4.45c: No. 9. 4.50c; No. 10, 4.45c: No. 11. 4.40c; No. 12, 4.35c; No. 13. 4.30c; No. 14. 4.30c Metal Market. NEW TORK. July SO. The metal markets were practically nominal today in the ab sence of cables. Tin was quoted at 32.75 33.00c. Lake copper, 12.73 12.87 Vc; eo trolytic 12.50 12. 62 tic: casting. 12.25 12.3714. Lead. .iS1c 4.50c. Spelter. 5.15 5.50c Iron quiet and unchanged. SHORTS HAVE COVERED THIS AXD PROFIT TAKING CAR RY STOCK PRICES DOWN. Closing of London Exchange Re moves One Source of Strength. Bonds Are Irregular. NEW TORK. July 30. The reac tionary tendency from the rebound which developed in yesterday's stock market became more pronounced today under the play of the same forces of profit-taking- on the rise and the sat isfied demand of the reduced short in terest. The Pearson syndicate settle ment also lost some of its influence on speculative sentiment. A fresh break in Sloss-Sheffield Steel to a lower price than yesterday renewed the feeling of apprehension over the integrity of its dividend. The violent fluctuations in the J.uly wheat market were supposed to involve some protec tive, liquidation in stocks. The closing of the London Stock Ex change for today and Monday deprived the New York market of one source of Its recent strength. Large ship ments of securities bought for London account during the week are going forward by steamers. It is believed that the week's syndicate settlements with the foreign participants are an added influence on this movement The effect is shown in the downward course of the foreign exchange rate, which points to a continuance of the import movement of gold. A reduction of 9230 cars in the idle surplus for two weeks ending July 20, reported by the American Railway Association, was a favorable develop ment of the day. The agreement by the cotton ship ping railroads upon a plan for valida tion of bills of lading for cotton ship ments is believed to meet the require ments of foreign bankers for the ad vancement of funds on such bills to finance the cotton movement. The bank statement showed that re lief from the week's liquidation has come to the trust companies and banks outside the clearing house, whose aver age loans contracted S21.104.100, while the actual lo'an item of the clearing house banks expanded S20.358.800. While the deposits were increased over $29,000,000 by the combination of the loan increase and the cash gain, the latter Item, which amounted to $8. 457.000, was sufficient to widen the margin of the surplus to the extent of $1. 207,300, bringing it up to 47, 226,900, a very unusual figure for this season or tne year. Bonds were irregular. Total sales, par value, $694,000. United States bonds were unchanged on call from last weeK. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. Allis Chalmers pf Amal Copper .... 7.800 62V4 6tl Am Agricultural .. 100 38s 38 Am Beet Sugar .. 5O0 285 American Can 40O 6!)s Sis Am Car & Fdy .. 1,800 4 3 4 3 Am Cotton Oil .. 3o0 55 54 Am Hd & Lrt pf.. 4O0 2Z ' 25U Am Ice Securl .. 500 lbi 18t Am Linseed Oil Am Locomotive .. 1.SO0 34W 32ii Am Smelt & Ref.. 7.20O 68Vi 64 do preferred ... loo 101 101 Arc Steel Fdy . . 2 0 43 42 28 61VJ 3S 2S 43, .'4 25 16 11 32 it 43 116 130 Am Tel & Tel . Am Tobacco pf 500 131 1305, Am woolen ..... Anaconda Mln Co 700 38 Atchison 6.70O do preferred . . . loo 8 Atl Coast Lino 28 38 4 14 8 37 84 .SI Bait 4 Ohio SOO 10814 ina 108 t Bethlehem Steel .' 22 Brook Kap Tran. 4.4C0 74H 73 73 1941, 30 100 280 914 25 21 40 140 12H 70 26 51 124 13 155 28 67 28 22 37 28 136 122 51 16 44 !- 39 16 28 eo 94 134 35 Central Leather .. 1,300 31 SOV do preferred Central of N J Ohes & Ohio 3,000 71 '21 684 "ii"' Chicago A Alton .. Chicago Gt West. do preferred Chicago & N W ... C. M & St Paul .. C, C. C & St L . . . Colo Fuel & Iron.. Culo & Southern . . . Consolidated Gas. . Corn Products ... rel & Hudmn . . I 4 R Grande ... do preferred DIMlllers' 3ecuH .. Brie do 1st preferred. do 2d pre f erred. -General Electric . . 300 141 2,6oO 12114 141 118 .300 26 6 3.OO0 126U 4(;0 14 124 13 "is" 67 27 22 36 138" 122 8-TO 2' loo 400 200 28 69 27 22 S4 37 300 130 1.600 123 Gt Northern pf Gt Northern Ore .. Interborough Met.. 1.6O0 16i do preferred ... l,4f0 45 Inter Harvester 8i0 88 Inter-Marina pf .. 1O01 15 Int Paper 200 IO Int Pump 2oo 39 Iowa Central KL C Southern ... 3O0 26 do preferred ... aoo 60 Laclede Gas 700 84" 87j. 15 28 4 0 84 135 Louisville & Nash Minn & St Louis. M, St P & S S M. do preferred ... Missouri Pacific .. National Biscuit .. National Lead ... 500 136 30O 12214 321 121 10O 1.S00 61 ei 59 6114 "48 28 1 4914 49 101 48 28 109 93 200 4S 27 109 14 93 Mex Nat B.y 2d pf 1.400 rs x central Norfolk & West.. North American .. Northern Pacific . . Pacific Mall Pennsylvania People's Gas . P. C C A St L. . . 3.000 iio 300 93 'Z4C6 115 "3.oi 127 500 105 iii" ii4 24 126 105 "i-i 29 '29 134 28 126 105 93 14 29 158 29 134 28 88 28 57 37 20 55 48 109 21 .V 21 25 19 Pittsburg Coal .... 400 14 Pressed Steel Car. 1.000 29 Pullman Pal Car. Ry Steel Spring .. 100 29 Reading 25.6110 13654 Republic Steel ... loo 28 do nreferred Rock Island Co.. 5, 7 -O 20-. 28 " do preferred ... 400 6o ' 58 St L & S F 2 pf 200 39 38 St I- Southwestern do preferred loo 56 Slo.-"s-Sheffleld 3.2O0 53 Southern Pacific .. 12,4'K) 111 Southern Railway. 80O 22 do preferred . . . 900 60 Tenn Copper . 100 21 Texas & Pacific .. 700 25 Tol. St L West. - 20O 20 do preferred 20 441 5814 48 108 21 50 21 25 20 44 V4 42 coion raeinc do preferred 28.40O 159 200 SO 15814 158 89 W 85 t S Realty lr S -Rubber C S Steel 37.9O0 30 66 115 43 56 16 32 42 54 SO - 4 67, 68 115 43 58 16 32 42 54 60 Co preferred tTtah Copper 400 JI5U. l.sro 44 ii Va-Caro Chemical. 1.900 58 ba&h 400. 17 do preferred ... 800 33 Western Md too 42 Westlnghouse Elec l' 54 Western Union 300 60 reel & L Erie Total sales for the day, 225,200 shares. BONDS. NEW TORK. July SO. Closing .quotations: L'. S. ref. 2s reg.lO0N. t. C. gn 3s 87 do coupon ...100, No. Pacific 3s. 64 B V. S. 3s reg 101 No. Pacific 4s... 0! do coupon . . . 101 i tr-nion Pacific 4S.1O01 C S. new 4s reg.114 wis. Central 4s. 91 do coupon 114 Japanese 4s .. S9B D. & R. G. 4s. 2b! NO CORNER IN JULY Expected Wheat Squeeze Fails to Develop. PRICE WORKS DOWNWARD Spectators in the , Chicago Pit Are Disappointed Other Options Show but Little Change. Coarse Grains Firm. CHICAGO. July 30. Crowded galler ies on the Board of Trade today were puzzled and disappointed. The specta tors had gathered in the hope of seeing a wildly excited market, the fftiish o'f a supposedly "corner" in the July wheat option. Tdoay was the last day when delivery of the grain could be made, and there had been much gossip that the exchange of this might make a sen sational action to foil audacious spec ulators. Instead of a whirl of business and in place of rapidly mounting quo tations, onlookers witnessed a hum drum Saturday session and a net de cline of 3S4!4c ln July. Other op tions were unchanged to c up. Corn, except for July, finished 114lo higher, and oats l4c higher. The wind-up in provisions was irregular, 1714c decline to 20c advance. Total transactions in July wheat to day aggregated not more than 500,000 bushels, most of it in small lots, none higher than 25.000 bushels. If any ex traordinary shortage had to be settled. It was done outside of the trading pit and without spectacular accompani ment. The fact was that the concern which was popularly credited with being most in a pinch for July wheat was the principal source of supply for purchas ers today. On the whole, the course was downward, particularly In the first half hour and the final 16 minutes. At the lowest point of the day the price was 6c below last night's level. The range was from $1.0314 to $1.08, with the close weak at $1.061.0514. Sep tember fluctuated between $1.02 and $1.03 1.04. closing 4c to c up at $1.0314 1.03. Many dealers who have recently been sellers of corn took the opposite side of the. market today. September varied from 62c to 64 c and closed strong at 646414c, a net gain of 114 to lc. July advanced only 14c. The cash market was firm; No. 2 yellow closed at 6514 66c. Offerings of oats were light. Sep tember high and low points for the ses sion were 374 and 36T4. with the last sales at 3737c, a rise of 4C compared with last night. The close left pork 71xc lower to 30c higher: lard. 6c off to 714c up, and ribs 14c off to 2c. higher. WHEAT. Open. High. Low. Close. July J1.07 1.0S 1.03 1.05 Sept 1.03 1.04 1.02 1.03 Dc 1.04 1.05 1.04 ,1.04 May 1.08 1.08 1.07 '1.08 CORN. July 63 .SS .63 .S3 Sept 63 .64 .62 .62 Dec 61 .42 . .60 .62 May.. 62 .64 .lvs .63 OATS. July 39 .41 .S8T4 .40 Sept 37 .37 .36 .37 Dec 38 .38 .38 .33 May 40 .41 .40 .41 MESS PORK. July..: 24.00 24.00 23. SS 23.95 Sept 21.60 21.62 21.50 21.57 Jan. 18.10 18.17 1S.10 18.10 LARD. July 11.47 11.65 11.47 11.50 Sept 1152 11.67 11.47 11.55 Oct 11.37 11.42 11.35 11.43 Nov 11.10 1L20 11.10 11.15 SHORT RIBS. July 11.60 11. BO 11.50 11.50 Sept 11.30 11.35 11.3.1 11.32 Oct 10.85 10.95 10.S5 10.92 Jan 9.17 9.27 s.17 9.37 Cash quotations were as follows: Klour Easy. Winter patents. $4.65 5; Winter straights, 4.305.35: Spring straights, $5.25(6.5.45: bakers. $4.105.80. Rye Xo. 2. 77ejs78c. Barley- Feed or mixing. S056c; fair to choice malting. 6067c. Flax Seed No. 1 Southwestern, $2.33; No. 1 Northwestern. $2.45. Timothy Seed $6.00. Clover $12.85. Mess Pork Per bbl., $24 0 24.15. Lard Per 100 lbs.. $11.62. Short Ribs Sides loose 1, $11.37 11.62; short clear sides (boxed). 511.75 12. Grain statistics: Total clearances of wheat and flour were equal to 45.0OO bushels. Primary receipts were 1,502.000 bushels. compared with 1,223,000 bushels the corresponding day a year ago. Estimated receipts for tomor row: Wheat. 501 cars: corn, 181 cars; oats, 172 cars; hogs, 30,000 head. Receipts. Shipments. Flour, barrels 20.600 19.700 Wheat, bushels 487.400 91.800 Corn, bushels 254.200 128,400 Oats, bushels ......... .355.800 187.800 Rye. bushels ........... 1.000 1.100 Barley, bushels ........ 18.000 15,000 tfrain and Produce at New York. NEW YORK. July 30. Flour Quiet, and witn no quotaDie cnange. spring patents. 5. 75i36.15: Winter straights. $4.504.63; Winter patents. $4.755.10; Spring clears. $4.35 4.60; Winter extras No. 1. S3 75(g) 3.90; Winter extras No. 2. l3.R0.g3.63; Kan sss straights. $4.R5g5.15. Receipts. 20,060; shipments, 780. Wheat Spot. firm. No. 2 red, 11.07 1.08 elevator to arrive c. i. f.. and II oau f.o.b. afloat. No. 1 Northern. SI. 3014 f.o.b. There was a quiet market In wheat, but prices were very steady .on covering by shorts and on reports of smaller country of ferings in the Southwest, closing unchanged to nigner. oeptemDer closed Sl.08 December. $1-10. Receipts, 22,800; ship merits. 3 0.267. Hops Quiet. State, common to choice. jtrvu. uco-dc; .facmc t-Oast, 1909, 918c 1908 nominal. Hides Quiet: Central America, 2021o: Bogota. 2021c Petroleum Steady. Refined New Voi-v barrels, S7.85; do bulk, $4.15; Philadelphia. uarroii. i . it. , no ouik. t . I n . Wool Easy. Domestic fleece XX Ohio. Minneapolis Grain Market. MINNEAPOLIS. July 30. Close: Wheat July, $1.17; September. $1.11 1.11 December. SI. 10. Cash No. 1 hard. $1.50 No. 1 Northern. $1.161.13; No.. 2, $1.14 qyi.io; .-no. si.ijcai.14. Flax closed at $2.4 4. Corn No. 3 yellow, 62263c. Oats No. 3 white. 40S41c Rye No. 3. 72 f 74c. Eoropesn Grain Markets. LONDON". July SO. Cargoes quiet but steady. Walla Walla for shipment at 37s to 87s 6d. English country markets Quiet; French LIVERPOOL. July 30. No wheat market toaay. tionaay. Grain at San Francisco. SAN FRANCISCO. July 30. Wheat Firm. sariey r irm. Spot quotations: Wheat Shipping, $1.65 1.70. Barley Feed, $1.06 I.IO; brew ing, ii.iz 1.15. uata Red. & 1.45: white. S1.80: black, none. Call Board sales: Wheat No trading. cane) uecemoer, fi.i-t. corn large yel low. $1.601.62fc. Grain Markets of the Northwest. TACOMA. July 80.--Wbeat Bluestem. STfi 9Sc; club. 93 SMC. . t SEATTLE. July 30. Milling quotations B!ucMm, 0.3c; forty fold, Q'2c; club. 91c- Fife 91c: red Russian. 80c. Exoort whent- iiV.tr. , tKc: forty fold. SOc: club, SSc; Fife 88c- red RusEian, hSc. Yesterday car receipts, wheat 1 car, oats 3 cars, barley 2 cars. New York Cotton Market. NEW TORK. July 30. Cotton closed firm, net three to six point lower. August, la.ISc; September. 14.12c: October. X3.0c; Novem ber. la.SOc: December. 13.50c: January, 13.42c; February. 13.43c; March. 13.47c; May. 13.50c. Spot closed quiet. 10 points decline. Mid dling: uplands, 15.?5c; middling gulf. 15.60c Xo sales. Tied Fruit at New York. NEW YORK. July 30. Evaporated apples. quiet and firm. Spot fancy. 10S fi ll fee; choice. S S 4i9c; prime, Q.Sc; common to Prunes, firm; quotations 39c for Calt fornias ud to 3is and 40a and 4&9c for Orerons. Apricots, barely steady; choice. !0ic; extra choice, lOQllc; fancy. 10t & Peaches, quiet and steady: choice. 64 4? 63c; extra choice. 7fr7c; fancy. 70 Raisins, Inactive, steady : loose muscatels quoted at 3 v ff 5 c ; choice to fancy seeded, 4e6e: seedless, 34fec; London lay era. S1.20 l.o. Dairy Produce ln the East. CHICAGO. July 80. Cheese Steady: dais ies. IS 15 l,c; twins. 14H15c; Young Americas. 10lslJiic: .Ions horns. isc NEW TORK. July SO. Buttsr Finn: prices, unchanged. ' uneese bteady: prices uncnangaa: ex ports, none. irregular uncnansea. STRONGER THAN EVER XEW TORK BANKS ADD TO THEIR RESERVES. Heavy Expansion in Deposits and Also in Loans Showing of the Trust Companies. NEW TORK. July 30. The Financier will say; While the associated banks of New York City made a further large gain in cash, the statement on Saturday reporting the amount to have been 38.45T.fKl0. the actual surplus reserve Increased only $1,207,300 owing to the heavy expansion of $20,002,400 In de posits. This counteracted the effect of the cash gain'. The increase in deposits was due for the most part to a rise of 420.3S0. 00 in loans. An explanation of the unexpected loan ex pansion Is probably to be found in the stock exchange incident which involved the tak ing over by a new syndicate of the ex tensive holdings of the crowd of speculators who had been trying unsuccessfully to buy control of a number of well known lines. In this connection, however, it is interest ing to note the loans of the trust companies and state banks fell during the week $21, 104.100 which corresponds almost exactly with the increase reported in the loans of the clearing house banks. The trust com pany contraction was no doubt responsible ln .part for the rise in loans of the clear ing house banks. The outside institutions also reported a decrease of about $1. SOO, 000 In cash and a decrease of $21,750,000 in net deposits. Still, even with the demands made upon them, the banks closed the week stronger than before, the present surplus above the 25 per cent legal reserve standing at $47, 226, 900. In view of this showing, it need hardly be added. Friday's organization of a National currency association by the New York National banks was purely a formal and perfunctory proceeding. The statement of averages of the clearing-house banks for the week shows that the banks hold $-4S.Ml,925 more than the re quirements of the 25 per cent reserve rule Thia is an increase of $8,198, SCO in the pro portionate cash reserve as compared with last week. The statement follows; Ia-ns- 91.191.4O0.200 9 8,JM0.7X repoeits 1,207. 682. TOO 22.877 floo Circulation 48.446.500 120 300 Legal tenders 72.K5.700 2 348700 Specie 277 61S.9UO 11.529 20 Reserve 350.482. 60O 13.91 7.9t0 Reserve required ... 3il, 970.675 5 719 40O Surplus 46.511,925 S.fr.O Ex-U. S. deposits ... 48,921.625 8,193 475 Decrease. The percentage of actual reserve of the The statement of hanks anri tm.t panies of Greater New York not reporting to DecrM.-w lano 91.114.491 2A0 921.1O4.1O0 Spevie 122.l60.SeO 1.392.2O0 jegai tenders 21.784,500 2oO,7oO FRUIT TRADE IS HEAVY ACTIVE DEMAND FOIl ALL LIXES AT SEATTLE. Butter Firmer Because of the Com ing Advance at Portland Lower . "Wheat Prices Expected. SEATTLE. Wash.. July 30. (Special.) Trade in-fruit today was enormous. More peaches, plums, watermelons and canta loupes were moved than during any two other days this week. Prices were not ma terially different than yesterday, although soft fruits were closed out at low prioes. The demand for cots appears to be about over and shipments are falling off. More than half of the three cars of Iowa cabbage that reached the street yesterday had been disposed of this afternoon. Sev eral large lots were shipped out of town. The price ranged from 3 Io 3 cents. Taklma freestone peaches are expected in the market next week. It is not known yet what price they will command. The butter market was strong oday. The announcement of an advance at Port land added much to the strength of the local market. Dealers here are opposed to putting the price up again next week, but may be forced to do so on account of the activity of the Portland cream buyers. The cream supply has held its own here this week. Eggs were steady and unchanged. Poul try receipts were in excess of the demand. The grain buyers held strongly to the -view that farmers will offer wheat at lower prices next week, and for that reason the local market was quiet. Prices, however, were nominally unchanged. BAN WBJLS CISCO QUOTATIONS. Produce Prices Current la the Bay City Markets. SAN FRANCISCO, July 30. The follow ing prices were current ln the produce mar ket today: - Butter Fancy creamery. 32c; creamery seconds, 31c; fancy dairy, 28c Cheese New, 1313c; Young America. IS 17c. . Eggs Store. SOc; fancy ranch, 32c Poultry Roosters, old. So 5. 50; roosters. young. 97 10; broilers. small, $2.25 2; broilers, large. $3.25(8.50; fryers, 956; hens. 5&1Q; ducks, old. 94.505; ducks. young. 0&8. Vegetables Cucumbers. 25 Q 50c ; garlle, 2H3c; green peas, 2&4c; string beans! l3c; asparagus, nominal; tomatoes, 35c & 65c; eggplant, 5075c Hops California. 10 1 5a. Millstuffs Bran. 9 25 24 middlings, 928 31. Hay Wheat. 99 1; wheat and oats. 99 012; alfalfa. $1QIQ: stock. 9o7: straw. Fruit Apples, choice. 65cS$1.25; applea. common, 35 (ft1 SOc ; bananas, 75c 93 ; M exl can limes. 95.500; California lemons, choice. J5.30; California lemons, comifion, 92.50 ; oranges, navels, nominal; pineapples, 92 & 3. Receipts Flour, 4Z0C quarter sacks; wheat. 3630 centals; barley. 5421 centals; oats, 1911 centals; beans, 500 aacks; corn, 30 centals; potatoes, 6788 sacka; bran, 35 aacks; middlings, 40 sacks ; hay, 100 1 tons; wool, 240 bales; hid. 1050. Dulutb. Flax Market. DULUTH, July 30. Flax to arrive. 92.49; July, J2.75 asked; September. $2.44: Octo ber,, 92.33H asked; No. 4, 92.32 14 asked; December. $2.33 nominal. Wool at St. Louis. ST. LOUIS, July SO. Wool Higher; ter ritory and Western mediums. ISft ic; fine medium, 17 to 2)c ; fine, 13 V 17c GOOD JULY TRADE 400 Cars Handled at Portland Stockyards. TOTAL VALUE, $700,000 Business Shows a Satisfactory In crease Over the Same Month Last Year Saturday's Sales of Fair Volume. Although this is the dull midsummer season a big business was done in the local livestock market in the month oust closed. The monthly statistics prepared ty Gen eral Agent D. O. Lively show that 400 cars of stock were received at the North Port land yards in July. The total value of the receipts was 9700.000. The receipts for the past month compare with those of July, 1909, as follows: Tn- July. 1O10. crease. Cattle 6.806 s:ft Sheep 14,223 41 Hogs J.--6 4,82 Horses and mules 306 55 Decrease. Trade at the yards yesterday was of tha usual Saturday cleaning-up character. A big bunch of hogs came ln from Idaho and receipts in other lines were fair. The cat tle stock offered was mostly of under grade. Receipts for the day were 368 cattle, 374 sheep and 572 hogs. Shippers of the stock were F. A. Mtlner. of Idaho Falls, six cars of hogs; W. L.. Shattuck. of Idaho Palls, one car of hogs; M. Murphy, of Nampa, three cars of cattle and calves; George rixon, of "Weiser, lour cars of cattle and calves; Frank Wann. of Hubbard, one car of sheep ; J. L. Eidson, of Silverton, one car of cattle and calves; J. E. Reynolds, of Condon, four cars of cattle and hogs ; EMnbat Brothers, of Ber tha, one car of hogs: C. Leiser. of Harrls burg. two cars of sheep : Steuslof f Bros.. of Falem, one car of cattle : J. E. Pelton & Co.. of Roseburg, two cars of cattle, and F. W. Williams, of JuncUon City, three cars of cattle and sheep. The days sales were as follows: Weight. Price. 20 steers 3067 94.26 5 steers 12o2 4.23 6 steers Pio 4.7." 3 cows 43 4.O0 1 cow i70 3.00 18 cows 840 &75 1 stag KITO 4.'J5 85 hogs is;; 10.10 Prices quoted on the various classes of stock at the yards yestetrday were as ol iows: Beef steers, good to choice ..9 5.25 5.75 Beef steers, fair to medium.... 4.25'd) 4.75 Cows and heifers, good to choice 4.23f 4.65 Cows and heifers, fair to mealum 3.MHtt 4.00 Bulls 30.. 3.75 Stags 2.50?i 4.T0 t "aj v es. light s.7."w n.7," Calves, heavy 3. 5013) 5.00 Hogs, top 10.0O'j 10.2."i Hogs, fair to medium 8.60 i 9.75 Sheep, best wethers 3.75 4.0O Sheep, fair to good wethers.... 3.o0'a" 3.M Sheep, best ewes 3.00 3.50 Lambs, choice 5.50 8.00 Lambs, fair 4.75 0.25 Eastern Livestock Markets. SOUTH OMAHA, July SO. Cattle Re ceipta, 1300; market, unchanged. Native steers, 94.75 5 7-60 ; native cows and heifers, 93 (5.75; Western steers. 93.50 Western, cows and heifers, 9--75l.oO; canners. 92.50 ' 3.25 ; stock ers and feeders, $3 5.50; calves, 93.5097: bulls, stags, etc.. 93 fro. Hogs Receipts. 5300 ; market. 20 to 35 cents lower. Heavy, 97-35 7. S5; mixed. $7.80 (g 7. 75; light, $7.75 ft 8.20; pigs. $7Q 8; bulk of sales, $7.50& 7. So. Shee- Receipts. 300 ; market, steady. Yearlings. 94.50 5.30; wethers. 93.504.25; ewes. 92.75 tffS.Tr; lambs. $8?r 7. Youth Is Thrown by Horse. EUGENE. Or., Jul 30. (Special.) George Watson, the lS-year-old son of William Watson, a Thurston ftirmer, was thrown to the ground yesterday evening while leading a horse, and his collar bone broken. HIGH GRADE MUNICIPAL AND IMPROVEMENT We have several good issues on hand. Buy di rect from the contractor and save broker's com mission. WARREN CONSTRUCTION CO. 317 Beck Bldg., Portland, Oregon. Phones: Main 9357, A 4613. TRAVELERS' GUIDE. COLUMBIA RIVER SCENERY Kast Excursion steamer CHAS.K.SPENCER Leaves daily except Wdneaaay, a A, M. Zor Hood River and. ay la&dmga and re turn leave Mood Klver, p. M.; Arrive Portland b P. M. DCNliAT EXCURSION Leaves 6 A, M.; returns. 6:3u p. if. First-cUa Meals erved Pare. One Dollar Round Trip Lp-towu Office. 69 5U SL Phone Marshall 1979, A 1293. Landing and Office. Foot IV&shingioa 3t Phones Main 8619, A 2435. Lowest Hates to Picnic Parties. . W. SPETXCER. OWNER. COOS BAY LINE 6-DAT SERVICE Steamer Breakwater leaves Portland 9 A M.. July 23. 28. Aug. 2. 7, 12. 17, 22. 27 and every five days, from Alnsworth Dock, for North Bend. Marshfleld and Coos Bay points. FreiKht received until 5 P. M.. dally. Passenger fare, first-class. $10; second-class. $7, including berth and meals Inquire City Ticket Office. Third and Wash ington streets, or Alnsworth Dock. Main