The Sunday Oregonian. (Portland, Ore.) 1881-current, July 28, 1912, SECTION TWO, Page 17, Image 33

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    rrTTr' cTTvmv nPPfiOVT A X' PHRTT.ANT). 2K. 1912. ' x
HOPS AT 19 GENTS
Several Hundred Bales of New
Crop Sold by Growers.
DEALER SALES ARE LARGE
Over One Thousand Bales Trans
ferred by Latter During Week.
Values In the Coast States Are
Gradually Declining.
The hop market t the close of the wee
vil off 1 cent on futures, as compared with
week ao. The feature of the week was
the heavr Helling of the new crop by deal
ers. Practically nothinc was done In spot
hops, which are so scire as to attract but
little attention.
Among the contracts closed with growers
at the end of the week was one for 50.000
pounds at 11 cents and another for 10.000
rounds at the same figure. Other business
st 19 cents was pending.
Over 1000 bales of the new crop were
unloaded by dealers daring the week. Most
r.f the business In the first part of the week
was around SO cents, but the transfers In
the past day or two were under this figure.
Surprise was expressed In soma quarters
that the market should break under the
?o-cent level, as many growers supposed
t'-tat firure represented the bottom, but It
way found Impossible to maintain the price.
In the far-e of reduced orders and lower lim
it from the Eastern and foreign trade.
The California market Is keeping pace
with the decline In the north. Contract or
T9 held by Sonoma dealers are 2 cents
loner In price than those of last Monday.
Spot are necessarily weak there, as Cali
fornia has the largest supply of mils in
the country, for which there seems to be
no demand. Holders of last year's hops
In that state are offering them for sale at
2m to 22 cents.
Crop prospects everywhere continue good.
Hops are forming well In Oregon and the
weather could not be better.
WHEAT BCYIN'G IS XOT SO ACTIVE
Karl? Ruh for Grain Appears to Be at
an End.
With about 1 ,000.000 bushels of new wheat
bought to date, trading slowed down mate
rially yesterday. Pome of the targe buyers
withdrew from the market entirely and
olhera turned sellers. Tha purchasing to
date has nearly all been for account of
early shins, and It Is understood these
early requirements have practically all been
filled. With a slower demand, an easing off
In values Is probable.
Buyers yesterday quoted club at 73 eenls
and bluestem at SI fj 82 cents. Small lota of
club have been bought for qulk delivery al
a rent above the price quoted.
Trading In new oats and barley at coun
try points Is on a moderate scale at the
prices lately quoted.
Local receipts. In cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oata Hay
Monday 8
19
Tuesday 4
Wednesday ..... 9
Thursday 10
Friday 8 2
Saturday J K 5
Year ago '2 1
Total this week. 3S 9
War ago 23 S
reason to date.. 22.1 14
Vear ago !S2 17
5
4
J
s
12
4
7
4
4
0
32
52
8S
131
13
10
1.12
IBS
KIRM MARKET FOB DECIDUOUS KRL'ITS
fopplv Is Not I .arse and Demand Is
Stronger.
The market tor all kinds of deciduous
fruits was firm yesterday. The supply was
not large and the demand was stimulated
by the watm weather. Stocks were well
cleaned up at the close of- the day.
Among the arrivals were a car of Califor
nia peaches, a car of Imperial Valley can
taloupes and one from Dinuba. a car of
'oranges and heavy ahipments of pineapples
and lemons by steamer. Three cars of
bananas are due today.
Watermelons are cleaning up welt Mel
ons are now 50 cents a ton higher In Cali
fornia than a week ago.
Berry supplies were moderate. The rush
of blackberriea Is over and other kinds are
about done for. A small shipment of late
strawberries came In yesterday and brought
$2.75 a crate.
Crabapples are offering at $101.25 a
box.
V
DEMAND FOB POl I.TRY Is BETTER
Supplies Clean t p at Improved Prices Earg
Are Firmer.
The week closed with a firm and well
cleaned up poultry market. Hens sold at 13
cents and Springs at 16 cents. Good ducks
were worth 1J cents.
Dressed meats were also firm, the best
veal bringing 14 H cents and good pork sell
ing at 11 cents.
There was also a firm market for fresh
eggs, closely candled stock selling at 27&2S
rente. Ordinary candled eggs were quoted
at 25 cents and current receipts at 23 cents.
The butter market was firm with supplies
light. Cheese waa quoted steady.
Advance in Gasoline.
An advance of 1 cent on all grades of
gasoline was announced yesterday. Motor
gasoline In barrels Is now quoted at IS cents
and In cases at 2o centa Naphtha, la Iron
barrela Is quoted ' at 18 cents and In cases
at 25 cents. Engine distillate. In barrela
is quoted at 10j centa and in cases at 17H
centa
Lane Count Raps Sold.
tl'OENE. Or., July 27. (Special.) J. W.
teeavey. one of the largest growers of hops
in Lane County, haa contracted to furnish
20.0W) pounds of the 1912 crop to McNeff
tiros., at 21 is centa
Bank Clear! aga.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balancea
Portlaad ll.5oti.Mt2 2.iO.2S
Seattle 1.S05.5U7 2.6'o
Tacoma 5S1.5tHS 61.67::
Spokane 57-i.ti77 S.tXiS
Clearings of Portland. 8eattle and Tacoma
for the past week and corresponding week
in former years were:
Portland. Seattle. Tacoma.
1B12 a.4-"0.672 $10.7T.;! $3,813,277
lhll 8.4.44u 9.757.S43 4.072.60S
1110 8.445.:" 1. 975.01O 5.5W0.4W
lHOi 5.26U.S75 11.179.813 5.083.391
lSi'S 4.HJ2.145 7.667.069 . 4.U7S.159
1W07 7.UI3.151 .t4!i.57l 4.704.361
1-H6 4,r,-';7.MS 8.107.245 3.6.VS.060
I'.Mio 3.4.V1.11 6,to2..2 3.083.96S
14 2.430. 4" S.382.7S.2 1.747.964
10...1 2.77T.942 4.10S.795 1.84S.17S
li2 2.212.8US 3.345. 55 1.246.05
J-ORTLAD MARKETS.
Grain, Flour, Feed. Etc.
WHEAT Track prices, new: Club. 78c:
bluestem. 81 t 82c: old wheat, nominal.
Fi-OL'R r'atenta 45 lo pr barrel:
straights, (4.70: axporta. $4.1$: Valley, $5.10.
BARLEY ,Nr, brewing.. $25: feed. $24
per ton.
HAY Timothy. $1401$: alfalfa, $1101$:
clover, $10; oata and vetch. $12; gram nay,
(
MILLSTVPPS Bran. $23.60 per ton.
shorts. $28.50: nild'lilngs. $32.
CORN Whole. $39: cracked. $40 per ton
OATS lew, $2j.iej7; old. $1$ per ton.
Tegecablea and Fruits.
FRESH FRUIT Cherries. 3010c per
pound, applea old. $V5o2S per box; new.
. 73c4i$l.oO per box: peaches. 60090c per
box; currants. $1.5001.75 per box; pluma
5Oc0$1.25 per box: peara. $1.5001.75 per
box: apricots. 5OC0I1.1O per box: grapea.
$2-50 per crate.
BERRIES Raspberries. $1.30 per crate:
loganberries. $1.50 per crate; blackberriea
tile per crate.
ThOPICAL. FRUITS Oranges. Valencia.
U.5O04: California grapefruit. $4.50:
lemons. $$04.64.. per box: pineapplea, c per
pound.
MalLONS Cantaloupes, $2.2502.73 per
. I I
crate; watermelons, lo pr ' pound.
ONIONS California red. $1 per sac:
yellow. $1.23 per sack. .,.,,
POTATOES Jobbing prices: Burtanaa.
new. 80c 0$1 per hundred.
SACK VEGETABLES Carrots. $1.50 per
sai-k: turnips. $1.25 per sack: beets. $1.50
'"VEGETABLES Artl.-hokea 5TSc per
dosen: beans. 2c: cabbage. 11VC per
pound: cauliflower. $1 47 1.23 per dosen: cel
ery. fScgl per dosen; corn. 15 0 25c per
dosen: cucumbers. 50e per box; eggplant
1012'4o per pound; head lettuce. 20625c
per doxen: peaa R9c per pound : P?PPr'
8910c per pound: radishes. 15 0 20c per
dosen; rhubarb. 24e per pound: spinach.
4t5c per pound: tomatoes. 75c0$L25 per
box; garlic gglOc per pound.
' Dairy and Country Produos.
EGGS Case count. o: candled. ISe: ex
tras. 278 2So per dosen.
BUTTER Oregon creamery butter, euoea,
SOc per pound: prints. sliic per pound.
CHEEiE Triplets and daisies. 17c per
pound. .
PORK Fancy, lOHtflle Per pound.
VEAL Fancy. 13tttjl4tte per pound.
POULTRY Hens, 126le; broilers. lc.
ducka young. 10 912c: geese. 10 11c; tur
keys, live, IS 020c; dressed. 24 0 2oc
Staple Groceries,
citvnv rnimU, Rlnr. ene-DOUnd
tells. $2 20 per dosen: eight-pound talis
$2.93: one-pound flats. $2.40: Alaska pink,
one-pound talis. $1.23.
COFFEE Koaated. In drum 2HCoe
per pound.
NUTS Walnuts. 1801oe per pound:
Brail! nuts. 12"ic: filbert!. 14015c: a.
monds. 1721c; peanuts. 5rHc; cocoanuts.
90cS$l per dozen: chestnuts. 12c par
pound: hickory nuts. 01Oc per pound.
- HONEY Choice. $3.75 per case; etralneu
boney. 10c per pound. ,
SALT Granulated. $15 per ton: half
ground. 100s $7.50 per ton: 50s, $8 per ton.
BEANS Small white. 5.40c; large white.
520o: Lima, ,e: pink. 4.15c; Mexicans.
4c: bayou. 414c a.
RICE Nc 1 Japan. 6c; cheaper rraoea
I05e; Southern head, 10TVic
SUGAR Dry granulated, $5.95; fruit ana
berry, $3.95: Honolulu plantation. $."
beet. $5.75; extra C, $5.45: powdered, bar
rels. $f.20; cubes, barrela $6.35.
DRIED FRUITS Apples, lOo per pound:
apricots. 12f?14c; peaches, Sgllc; prunes.
Italians. t10o: silver, 18c: figs white and
black. Hj7c: currants, 9Hc: raisins, loose
Muscatel. 6H"?7ttc; bleached Thompson,
ll4c; unbleached Sultanas, 8c: seeded. 7Uj
f?8ie: dates. Persian. 8),c per pound; Fard.
$1.60 per box.
Hops. Wool and Hides.
HOPS 112 contracts, l02Oc; 111 crop,
20 0 22c
MfHAIR Choice. 82e per pound.
WOOL Eastern Oregon. 14 19 Me Pr
pound according to shrinkage; Valley. ZIO
23c per pound.
PELTS Dry. 18c; full wool butcher pelta
$1 tfl. 75; shearings. 10030c.
HIDES Salted hides. 111e per pound;
raited calf, 20c; salted kip. 11012c; green
hides. 11c; dry calf, NO. 1. 25c; No. 2, 20c;
dry hides. 19020c; salted stags, 74 08c:
green stags, 6H0 7c
OASCARA Per pound. BOSVic; oar.ota
55a
grain BAGS Spot, In ear lota liwc:
1913 bags, 6isc
Provisions.
HAMS- All tlsea 16)417c: skinned.
16'AJ17e: picnics. 12c; boiled. ISVjc
llACON Fancy. 26027c; choice, 20021c.
DRY SALT MEATS Backs, dry salt, 11 Vi
012Vc; backs, smoked, 13014c; bellies, dry
salt. IftHc: bellies, smoked, 15c
LARD Tierce basis, choice. lSVic; com
pound. 9Ac; leaf, three-pound palla, $8.6
per case.
MISCELLANEOUS Pigs' feet, kits. $1.85;
sliced beef, lnsldes. $28 per case: lrled beef.
Insldes. 25c per pound; bologna, canvas
back. 10V,c; minced ham. 12c.
Unseed Oil and Turpentine.
LINSEED OIL Raw. barrela 88c: oiled,
barrela 90c; raw. casea 93c: boiled, cases.
5c.
TURPENTINE Casea 69c: barrels, 66 He.
EASTERN HOGS HERE
SIX CARS FROM NEBRASKA ARE
DELIVERED OS COXTRACT.
Firm Market for All Kinds of Live
stock During the Week Cattle
Sent to the Sound.
All the stock received at the North Port
land yards yesterday came from outside
the state. Six curs of bogs were brought
in from the Middle West and California fur
nished three cars of beef material. The hogs
were delivered on contract to local packers
and the cattle went on to the Sound, as there
was nothing carried over from the pre
vious day at the yards, there waa conse
quently no trading. -
J. D. Ross, of Portervllle, Cal., shipped
In three cars containing 66 head of cattle
and 15 calvea The hogs. 617 head, were
brought in by Henljne a Son, of Nebraska.
The range of prlcea at the yarda waa aa
followa:
Choice steers $.7!lff$7.00
Good steers $.00 0 4 50
Medium steers $.75 0 1.00
Choice cows 5.750 6 25
Good cows 5.SO0 5.76
Medium cows 1.00 0 $.50
Choice calves 7.000 8 25
Good heavy calves .............. $.000 6.50
Bulls 1.60(0 $.lu
Stags 4.7y 4.UI
Hogs
Light - 8.000 8.50
Heavy 4.2$ 0 7.00
6heep
Yaarltngs $ 000 4.25
Wethers S.00W 4.85
Ewes 3.000 3.50
Lambs 4.00 0 5.30
Omaha XJvestock Market.
SOUTH OMAHA. July 27. Cattle Re
ceipts. 100: market, steady. Native steera
5...50 5.75: native cowe and helfera $3.50
ti7.2.': western steera 15&3; Texaa steers.
$4.3tf 6.23; range cows and Loiters. $306:
canners. $2.50)s4: stockers and feeders. $4.75
S0.75: calvea $407.75; bulla stags, etc.
$3.73 Q 13.23.
Hogs Receipts. 9200; market. 5 to 10
cents higher. Heavy. 7.2507.7O; mixed.
$7.3507.43: light, $7.40 S 7.87 ii: pigs. ,607;
bulk of ssles. $7.55 ? 7.70.
Sheep Kocelpta 150O: market, strong.
Yearlings. $4.30 0 5: wethers. $3.7504.40;
ewea $3.2504.10; lambs. $6.25 0 7.50.
Chlraco Livestock Market.
CHICAGO. July 27. Cattlt Receipts, 800.
market, strong. Beeves. $5.7069.75: Texas
steers. $4.9007: Western steera $507.83;
stockers and feeders. $4$6.S0; cows and
heifers, $2.70 0 8; calves. $6.5009.50.
Hogs Receipts. 20,000; market, strong to
5c to 10c higher. Light, $7.6008.50; mixed.
$"350 8.50; heavy, $7.3508.25; rough. $7.35
0 7.35; pigs, $6.9008.20; bulk of sales, $7.80
0 8.25.
Sheep Receipts. 5000; market, steady.
Native. $3.1505; Western. $3.23 0 4.T5; year
lings, $405.50; lambs, native, $4.2507.50;
Western, $4.25 0 7.50.
Cotton Market Excited.
NEW YORK. July 27. There waa an ex
cited buying movement In the cotton market
this morning and prices not only made new
high records, but all new crop deliveries
sold above the 13-cent level for the first
time this season. While there waa every
indication of heavy realizing on the part of
old bulla the market closed firm, 32 to 30
points above the closing figures of last
night. July 12.87. August 12.85. Septem
ber 12.95, October 1S.04. November 12.99.
December 13.U6. January 13.03, February
13.07. March 13.14. May 13.20.
Spot cotton closed quiet. Mid-uplands
13.25; mid-gulf 18.03. No sties.
NEW ORLEANS, July 27. Spot cotton,
steady, H higher. Middling. 13.25c.
Hops. Ete.. at New York.
NEW YORK. July 27. Hope dull. State
common to choice. 1911, 2.1?30e; old. 100
ISc; Pacific Coast, 1911. 27 0 31c; 1910. nom
inal. Hides Steady. Central America, 24o;
Bogota. 24'o-3c.
Leather Firm; hemlock firsts, 23027c;
seconda 24 0 26c; thirds, 21 H 22c; rejects,
15c.
Petroleum, steady. Refined, New York,
barrela $S-45: refined. New York. bulk.
$4.83: Philadelphia barrels. $8.45; do bulk.
$4.85.
Wool Steady. Domestic fleece XX. Ohio,
81 032c
London Wool baslea.
LONDON. July 27. There were 7412 bales
offered at the x wool auction sales tod iy.
Bidding was spirited and most of the re
cent Irregularity disappeared. Prices were
firmer and Americans paid from 10 to 12 H
per cent advance for suitable croaa-breda
The sales will close on August 2 and during
the five, remaining days 53,641 bales will
be offered.
Naval Stores.
SAVANNAH. Ga. .July 27. Turpentine.
43c: sales. U.i7: receipts, 119S: shlpmente,
13i0: stork. 32. son.
F.osln firm; sales. 270O- receipts. 3500:
Moments. 2200: stock. H'S,38:. Quote: B.
.:: D. $6.60: E. $6.70; F. $6.80: G. $6.80:
I ;. $rt.M; Iv. s.S"ti?: t, st.. .vn; n.
i t7.'.O07.3O; WG. 17.3007.50; WW, $7,650
7.73. , -
STOCK TRADE DULL
Midsummer Quietness in Wall
Street Speculation.
PRICE TENDENCY LOWER
Changes In the Active Issues Are
Tnlmportant Tohacqp the Weak
est of the. Specialties Bond
Market Holds Steady.
NEW YORK. July 27. The stock market
today was typical of midsummer week-ends
on the Exchange, except that trading was
even duller than usual. There waa less than
the usual settlement or contracts entered
Into earlier In the week.
Such trend as the list manifested at odd
Intervals was In ths direction of lower
prlcea but changes in the speculative Issues
were unimportant, while some of the spe
cialties moved In contrary waya
American Tobacco was the weakest of this
group, with heaviness In National Biscuit.
Bethlehem Steel common and preferred and
some less prominent stocka 1
Among the standard railway shares. Great
Northern and Northern Pacific alone showed
underlying strength. Union Pacific Can
adian Pacific and Reading refleeted lack
of demand, a similar condition applying to
sri with enme further uncertainty in Gen
eral Electric.
News of the day was wiuoui maraea in
fluence on security valuea Cables told or
a more hopeful feeling In London, which,
however, seemed chary of our securltlea
Local money brokers reported an Increas
ing demand and a resultant decrease of cash
supply. me uu . -t
actual Increase of loans, approximately ?,-
OOO.OU!, Wltn a casn gain " ---
000,000 and a nominal increase of the re
serves, which In the average: table Increased
over $3,000,000.
Bonds were steady. Total sales, par vaJn.
$454,000. United States Government bonds
were unchanged on the week.
CLOSING STOCK QUOTATIONS.
Open; Hlghj Low jClose
Amal. Copper Co
Am. Car & F.. com..
Am. Can, com
do preferred
Am. Cotton Oil. com.
Am. Loco., com
A in. sugar, com.
Am. Smelt., com. ...
do preferred
Am. woolen, com. . .
Anaconda Mining Co.
Atchison, com
do preferred
B. & O-. com
Beet Sugar
Brooklyn Rapid Tr. .
rannHlan ff L . ...
82
'36'
82; 82HI 8?4
86
36Vs 3U
116V4
52 32V4
42, 42Vi
.12614
8314 83
107H
53 H
42
53
42
83 H
S3
41V, 41A 41 81
I108V..108! 1081108 Vi
i"
;ifl 109H io
,10
72Vi 7ZJ 12
alk Ol 4& filL
72
in.
265Vii265S264
26314
Central Leather, com.
26
96
17
33
do preterrea
C. & G. W., com
33! 834' 33Vi
do preferred .
'.l03 108 103s
a. m. & st. p...
1IYIU
C. & N. W.j com
t-x .n.,i.. a rhln .
13;i39 139
139
8016
80
40
65
Colo. Fuel Iron. c.
Colo. South., com....
do 2d preferred.. . .
do 1st preferred...
Consolidated Gas ...)
Corn products, com..
do preferred
Delaware & Hudson
Denver ae Rio G.. c.
do preferred
'io"
'ii"
40
.:....
144
I 144,
si Vi si
iaii 'ii'ii
35 "35
81 81
167
18 18
... as
35 35
do '2d preferred....
43
K3
do 1st preterrea...
General Electric
Gt. North, ore lands..
Gt, North., pfd
Ice Securities
Illinois Central ......
Int. Harvester
Interurban Met,, c .
do preferred
Lehigh valley
Kansas City South...
Louisville Nashville
Mexican National, 2d.
M.. St. P. & S. S. M.
M., K. T.. com...
do preferred
..I fool,. -. .
182
183
182
A'rat.1 .1311 43
43
140
140 140 ,1404
27 '27; zo
28
132Vi 183
(132
132
1120 Vs
120 120
11
20Vi
58V1
167 S
20
20
20
.1SS
KRfc! Rt4
'167 167
167
24
157
30
147
158
157
148
148
147
2714
27
27
27
36
58
91
National Lead ...... M 14
Nevada Consolidated.! 21 Vi
58
21
58
21
115
New XOra. v.eiitr ..
32
117
82 U
Nor. Western, com 116
117
116
iurm niuiiK." --.j;---
Northern Pacinc. com 123 Vi
123
123
123
Paclflo Mail e. a. o. ....
Pennsylvania Railway ....
115
164
31
123
115
35
115
116
i64
Pressed Steel Car, c.
do preferred
Reading, com
do 2d pref.
do first pref.
Rep. Iron Steel, c.
do preferred
Rock Island, com . .
do preferred
St. LaS. F., 2d pf.
do 1st pref. '
St. L. & S. W.. com..
do preferred
0 . 1. t ..... . . fATfl
101
164
164
89
26
84
24
48
34
60
62
72 U
28
26
34
85
85
110
110
110
110
Southern Railway, c;
29
28
28
77
21
13
1
do preterrea ......
Texas & Pacific
To!.. St, L. W.. C.
do preferred
Union Pacinc. com...
do preferred
U. S. Rubber, com . .
do preferred
U. S. Steel Co.. com..
do preferred
Utah Copper
Virginia Chemical ..
Wabash, com
do preferred
Western Union Tel. .
Westlnghouse Elec. ;
Wisconsin Central, c.
Wheel. & Lake Erie.
13
13
13
168 169
i68 168
00
52
52
105
69
31
49
"18
81
79
K24
106
10a 14
105
TO
70
'61
49
'is
82
80
70
i
49
'l3
82
112
61
49
4
13
81
79
CO
6
Total sales for the day. 57,600 shares.
BONDS.
Furnished by Overbeck Cooke Co., of
Port"lnd- Bid. Asked.
Amer Tel ft Tel conv 4s. 114 115
American Tobacco 4s "
American Tobacco 6s 121 . . . .
Atchison general 4s 91 91
Atchison conv 4s 107 108
Atchison adj 4s stamped.. 89 90
Atlantic Coast Line, cons Is.... 94 94
At Coast Line '-L AN coll" 4s. 94 94
Baltimore & Ohio 3a 90 91
Baltimore 4k Ohio 4s..... 87 9.
Brooklyn Rapid Transit 4s 92 92
Can Southern first 5s. j. . . li
Chesapeake ft Ohio 4 a 101
C B & Q gen mtg 4s 85 95
C B fc Q Joint 41 8 96
C B A Q ills 4s... f 100
C B A Q Denver 4s
Central pacific first 4s 4Vi 9
SSlcago $ F """VeV 4.4:::::: 8f - 4?
V R I A P CO ltrujt 4.. . 68 68
Colorado A Southern first 4s... 95 85
Denver A Rio Grande 4s... .... 75
Delaware A Hudson conv 4s PS 98
Erie first cons P L 4s 89 894
lnt Met 4s ff "
T, 4a 85 87
Japanese first 4s 1
Japanese secouu ?t . ,ir
Louisville A Nashville unl 4s... 98 98
Mo Kan A Tex 4a j ?!
Missouri Pacific 4s.. . ' 72
New VJA Centr'ai 8.". I S& j
N.wiorit8;r4;-of-i937::::i $
Norfolk A Western 4s.... 9. 9.
Norfolk A -Western conv 4s 115 116
N Y Ont A W 4S. J
Northern pacific P L 4a 9S 98
Northern Pacific 3s S 6
Oregon short Line 4s... 93 94
Oregon Railway A Nav 4s . ... 95 .
Penna Railway 4s of 1948. .... .103 104
Philippine Railway 4s .... 86
Reading general 4s 97
Republic of Cuba 5s 103 104
Somhern Pacific first ref 4s... 94 94
Southern pacific col 4a 90 90
Southern Railway 4s TS s
St L A S F ref 4s "8
ITnion paclflo first 4s 101 101
l-nion Pacific conv 4s 101 ....
Cnlon Pacific ref 4s..... 96 97
l-nited States Steel S F 5s 101 102
l-nlted States 2s registered 100 101
nited States 2s coupon... 100 101
fnlted States 3s registered 102 102
United Statea 3s coupon... 102 102
l-nlted States 4s registered 113 114
United States 4s coupon 113 11J
United Railway S F 4s .... 85
United Railway St L 4a 73 . ...
Wabash first 4s.. 68 6,
Western Union 4s. 87 98
Westlnghouse conv 5s 94 95
Western Pacific 5s 83 . 83
Wisconsin Central 4s 91 91
West Shora 4a 9 100
Stocka
BOSTON. July 27.
Allouex 41
Amalg Copper.. 82
A Z t A Sm... 81
Arizona Com . . 5
at Boston.
'. Cloainr quotations:
Mohawk
68
;Neva5a Con . ..
21
T
30
iNiplssing Mines
(North Butte...,
u North Lake ....
B A C C A S M. i
1 JL IhMRI.. T5
. 3
. 56
.111
. 90
. 17
'Old Dominion.
Osceola
Cal A Hecla 520
Centennial
IQuincy
Cop Ran Con co oi
E Butte Cop M. 13
Franklin 11
Giroux Con .... 4
Granbv Con ... 54
Shannon
Superior
48
1
41
45
49
Sup B Bos Mln.
'Tamarack
U S S R A M..
Green Cananea. 1C
1 oo preterrea. .
: ' 1
I Royalle (Cop) 85TJtah Con ...... IS
Kerr Lake. 2 Utah Copper Co. 61
Lako Copper.... 86 Winona ,5
La Salle Copper 6;Wotverlna 108 -
Miami Copper... 89
Money, Exchange, Etc.
NEW YORK. July 27. Money on call,
nominal. Time loans, steady. Sixty days.
5 63 per cent: 90 days, 3t4 per cant:
six months. 4 4 per cent.
Prime mercantile paper. 44 per cent
Sterling exchange easy, with actual busi
ness In bankers' bills at $4.8475 for 60-day
Dills and at $4.8755 for demand.
Commercial bills, $4.84. s
Bar silver, 60 c
Mexican dollara. 48c
Government and railroad bonds, steady.
LONDON July 27. Bar silver steady.
27 13-16d per ounce. Money, 22 per cent.
Thd rate of discount In the open market for
short bills Is 3 per cent; for tnrca months'
bills. 8 1-16 per cent.
SAN FRANCISCO, July 2T. Sterling on
London, 60 days. $4.55; do. light, 84.83.
Silver bars, 60 c
Mexican dollars, nominal.
Drafts Sight, 2c; do. telegraph. Be.
Condition of the Treasury.
WASHINGTON. July 27. At the begin
ning of business today the condition of the
United States Treasury was:
Working balance In Treasury of- '
fice " $ 93.285.812
In banks and Philippine treas
ury 83,749.497
Total of the general fund. .. .$159,113,113
Recelpta yesterday $ 2.222.624
Disbursements 2,74. .,183
The deficit to date this fiscal years is
$4,250,546, as against a deficit of $17,333,472
at this time last year.
These figures exclude Panama Canal and
public debt transactions.
CASH GAIN IS SMALLER
FLOW . OF FUNDS FROM SEW
YORK EXPECTED TO STAKT.
Policy of Reducing Loans at an
End Surplus Holdings of
Banks Increased.
NEW YORK. July $7. The statement of
the actual condition of clearing house banks
for the week shows that the banks hold $11.
23S.S0O reserve In excess of legal require
ments. This Is an Increase of $72,700 In
the proportionate cash reserve as compared
with last weekv The statement follows:
Daily average
Increase. Loans $2.041.744.0O $;.779.000
Specie 358.833.000 $.473,000
Legal tenders 88.SOS.0OO S-'16 ;0
Net deposits 1,0,862.00 4,S4o,000
Decrease.
Banks' cash reserve In vault, $373,364,000:
trust companies' cash reserve In vault, $3.
877,000; aggregate cash reserve, $447,441,000;
excess lawful reserve, $18,801,000; Increase
$3,142,650. Trust companies' reserve with
clearing house members carrying 25 per
cent reserve. $71,915,000 .
Actual conditions
Increase.
Loans $J,O4:.S17.000 $6,879,000
Specie 360.207.000 . 3.108.O0O
Legal tenders S8.31S.00O "228.000
Net deposits 1.S08. 126.000 7.722.000
Circulation 45,769.000 324,000
Decrease.
Banks' cash reserve in vaults. $377,018,000.
Trust companies cash reserve in vault,
$71,537,000.
Aggregat cash reserves, $448,555,000.
Excess ltwful reserve, $1.2$8.600; In
crease $72,700. Trust companies' reserve
with clearing house members carrying 25
per cent cash reserve, $74,165,000.
Rummm nf state banks and trust com
panies in Greater New York not reporting
to in a Aev xora viea.ria nuo.
Decrease.
Loans $616,833,700 $5,204,000
Specie 66.082. 600 1.463.700
Legal tenders 8.447,900 . 84-S5
Total deposits 67,211,90O 4.464,700
Increase.
The Financier will aay:
The New York Clearing House banks
galned"money from the Interior during the
week Just ended, although the $2,S8O.O00 in
crease reported In Saturday's statement waa
less than half the amount Indicated by pre
liminary estimates. The drastic process of
reducing loans, which has been shown sev
eral weeks past, seems to have ended and
the banks this week increased their loan
committments by $6,879,000. Deposits, as a
result of the changes noted, rose $7,722,000
and the Increased reserve requirement there
by necessitated counteracted the cash gain,
so that the banks ended the week with a
gain In surplus amounting only to $72,700,
the present total above the 25 per cent min
imum standing at $19,238,500.
These figures are based on the report of
actual condition. The statement based on
averages snowea a smiar hpubhcj
Increases and decreases and a surplus re-
' . . J , . V. . svararlnv VKtm
Kn uguicu ' ' ' ....... o-.-o j
amounted to $18,801,800.
The fluctuations of domestic exchange at
Interior points, due to increasing harvest
demands, lent ground to the belief that the
movement of money In this direction will
soon give way to an opposite tendency.
SAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for -Vega-tables,
fruits. Etc
SAN FRANCI8CO, July 27. The follow
ing produce prices were current here today:
Fruit Apples, choice. $1.50; common. $1;
Mexican limes. $5Sy5.50; California lemons,
choice, $5.50; common, $2: pineapplea
$1.50 2.50.
Cheese 15816c.
Butter Fancy creamery, 29c.
Eggs Store, 23c: fancy ranch. 24c
Vegetables Cucumbers. 1535c; garlic, 2
3c; .green peas, $1.502.25; string beana
l2c; tomatoes, 50075c; eggplant. 009
75c
Potatoes River Burbanks. 75c9$l; Ore
gon Burbanks. nomlnali Early Rose, nom
inal; sweets. 35c
Hay Wheat, $1220.50; wheat and oata
$12 18: alfalfa. $UU 13.50.
Receipts Flour. 2650 quarter sacks:
wheat, 600 centals; barley, 6440 centals;
oats, 3520 centals; potatoes, sacks, 4180
sacks; middlings. 270 sacks; hay, 640 tons;
wool, 144 bales.
Coffee and Sugar.
NEW ' YORK, July 27. Coffee futures
quiet at a net decline of 1 to IO polnta
Closing bids: July, 18.03c; August, 13.03c;
September. 13.15c; October. 13.20o; Novem
ber. 13.26c: December. , 13.33c; January,
13.35c; February. 13.81c; March, 13.43o;
April, 13.43c: May and June, 13.47c.
Spot quiet. Rto 7s 1414c: Santos 4a
16c. Mild quiet. Cordova, 16B18o, nom
inal. Raw sugar steady. Muscovado, 89 test.
3.55c; centrifugal. 96 test, 4.05c; molasses
sugar. 89 test, 3.30c Refined sugar quiet.
Cut loaf 5.90c; crushed, 5.60c; mould A.
5.45c- cubes. 5.35c; XXXX powdered. 5.25o;
powdered. 5.20c; granulated fine, 5.10c; dia
mond A, 5.10c; confectioners" A, 4.95c: No.
1 4 90c: No. 2, 4.90c; No. 3, 4.85c; No. 4.
4.80c; No. 5, 4.75c; No. 6, 4.70c; No. 7,
4.65c: No. 8. 4.60c; No. 9, 4.55c; No. 10,
4.50c; No. 11, 4.45c: No. 12, 4.40c; No. IS,
4.35c; No. 14. 4.35c
Dried Fruit at New York,
NEW YORK, July 27. Evaporated apples
steady. Fancy. 910c; choice, 8-S;
prime. 77c
Prunes steady. California up to 30-40s,
39c; Oregons. 6tap9c
Peaches dull. Choice, 606e; extra
choice, 77c; fancy. 79c
Chicago Produce Market. '
CHICAGO, July 27. Butter No market.
Eggs No market; recelpta 12,731 casea
Cheese. steady. Daisies, 1515e;
Twins, 14 15c; Young Americas, 15 9
15c; Long Horns, 1515c.
Metal Markets.
NEW YORK, July 27. The metal markets
were quiet and practically nominal. Lake
and electrolytic copper 17 c; casting, 17
17 c Iron quiet, unchanged.
Wool at St- Louis.
ST. LOUIS, July 27. Wool Steady. Ter
ritory and western mediums, 206 24c; fine
mediums, 18 S 20c; fine, 13 3170.
Dnlath Flax Market.
DULUTH, July 27. Closing: Linseed on
track aud to arrive, $1.98; in store, July,
$L98 asked; September, $LS9 bid; October,
$1.80 bid. ;
WOMAN IS SHOT IN BACK
Smelter Employe's Second Attack
"With Revolver May Prove Fatal.
DENVER, Colo July 27. Andrew
Golden, until recently a smelter em
ploye, today shot and probably fatally
wounded Florence Wood and then
killed himself, sending a bullet
through his brain. The woman is in
the county hospital with a bullet in
her back. -
Golden and Miss Wood both were
former residents of Breckenridge,
Colo., and Golden shot her there, in
flicting; a wound which for several
weeks threatened to cause her death.
TONE IS UNSETTLED
Wheat Traders Are Uncertain
About Rust Conditions.
REPORTS ARE' CONFLICTING
Fluctuations in the ActWe Deliveries
Do Not Exceed Half a Cent Either
Way Favorable Weather De
presses Corn Prices.
CHICAGO, July 27. Indecision as to he
chance of rust damage Northwest had an
unsettling effect today In wheat.
Canada sent denials and reiteration that
rust was in evidence and threatening tl
wheat crop at various polnta north of the
International boundary.
Caution keot the active dellvetiea from
fluctuating more than halt a cent either
way from last night's level.
Favorable weather gave tha advantage to
the bears In the corn pit.
Execution ot a few selling orders led to
a severe bteak In the July delivery ot oata,
and caused other options to ease off.
Provision rose on acaount of good com
mission buying, due to early firmness in
the hog market.
Futures ranged aa follows:
WHEAT.
Open. High. Low. Close.
July 8a .98 .9874 .98
Sept .94 .94 .93 .UJ
uec ...... .wots .wo- . .oia
May
... 1.00 1.00
CORN.
.70! .72
4. MN ',
1.00
July
Sept.
Dec
May
.70 .71
.64 .65
.56 66
.57 .57
.65
,oo
.06
.56
.57 .57
7
OATS.
July 42- .46
Sept. .32 .83
Dec 34 .34
May 36 .36
PORK.
Sept. 18.25 18.40
Oct 18.4" 18.43
Jan. ......18.70 18.70
.42 .44
.32 .33
.34 .34
.36 .38
18.22 18-27
18.82 18.85
18.55 1S.60
LARD.
Sept. 10.80 10.8O 10.76 10.80
Oct ,.10.85 10.87 10.80 10.85
Jan 10.40 10.40 10.S0 10.37
RIBS.
Seft. 10.65 10.65 . 10.62 10.62
0-t 10.60 10.60 10.37 10.60
Jau 9.67 9.75 9.7 9.75
Cash Quotations were as follows:
Flour Stesdy; Winter patents, $4.306;
4.70: straights, 54.10 1514. 60: Spring patents,
tl.70t5.0: straights, .60fc'4..70; bakers,
Jl.no g 4.30.
Rve Xo. 2. 74c.
Barley Feed or mixing, 50 60c: fair to
cnoice malting, 70 70c
Timothy seed, 85.507.00.
Clover seed, 110.00 it 15.00. ,
Mess pork $18.12 13.25.
Lard (In tierces). 10.70.
Short ribs (Loose). S10.I0.
Total clearances of wheat and flour were
equal to 114.000 bushels. Primary receipts
were 1,564.000 bushels, compared with 1,476,
000 bushels the corresponding day a year
ago. Estimated receipts for Monday: Wheat,
277 cars; corn, 72 cars; oats, 86 cars; hogs,
36,000 head..
Grains In San Francisco.
SAN FRANCISCO. July 27. Walla Walls,
tl.561.57: red Russian, 81.57 1.60;
Turkey red, 1.62: bluestem. $1.60 1.62;
feed barley. $1.27 1.30; white oats, $1.(15
tjl.70: bran, $27.50 28: middlings, $36(o
37: shorts, $32632.50.
Call board sales: Wheat December, $1.50
per cental.
Barley December, $1.28 per cental; May,
$1.32 per cental bid.
Minneapolis Grain Market.
MINNEAPOLIS. July 27. Close: Wheat
July, $1.06; September, 94!4c; De
cember, 93c: May, 99c nominal: cash.
No. 1 hard, $1.06: No. 1 Northern. $1.05;
No. 2 Northern, $1.02; No. 3 wheat,
$1.01.
Flax $1.93.
Barley 15 85c.
Corn No. 3 yellow, 7676c.
Oats No. 3 white, 4748c.
Rye No. 2. 69 70c
European Grain Markets.
LONDON. July 27. Cargoes, steady. Walla
Walla, September-October shipment, at 38a
English country marketa firm; French coun
try markets, quiet.
LIVERPOOL, July-27. Close: Wheat
July, 7s 8d; October. 7s 3d; December,
7s 2d. Weather cloudy.
Pngret Sound Grain Markets.
TACOMA. Wash.. July 27. Wheat Blue
stem. 91c; club. S7c New: Bluestem, 85c;
club, 82c. Yesterday's car receipts Wheat,
274 barley. 2; corn, 1; oats, 4; hay, 22. ,
SEATTLE, July 27. Wheat New crop:
Bluestem. S3c; fortyfold. club and rife, SOc;
red Russian, 78c. Yesterday's car receipts
Wheat. 1; corn. 2; oats, 2: flour, 4; hay, 5.
CATTLE MARKET IS GOOD
All Reports to Contrary Are Erro
neous, Asserts D. O. Ilvely.
Commenting on the reports published
In a Portland evening paper, to the
discredit of the livestock market of
this city, D. O. Lively, vice-president
of the Portland Union Stockyards Com
pany, says in his weekly market re
view: There was no appreciable change in
the cattle market and the receipts did
not give buyers an opportunity to have
much to say about prices. There was
active competition for anything that
was offered and the market ran strong.
Irresponsible market reporters are con
stantly directing attention to the great
difference between the cattle prices on
this market and similar market cen
ters at Eastern points. This misinfor
mation has no influence with the reg
ular patrons of this market who have
been coming regularly since It was
established, but country buyers use this
In keeping shippers away from Port
land. As a matter of fact, quality con
sidered, the average cost of the cattle
droves purchased by packers and kill
ers on this market are higher than
at any other point In the United States.
It must be borne in mind that an excep
tionally low price does not constitute
the market. The bulk of the sales made
constftutes the market For instance,
the top steers sold for S7; the bulk of
the sales were around $6.75 for grass
fed cattle."
TRIAL HEAD NOT CHOSEN
Democrat Not to Be President at
Arcbbald Hearing.
WASHINGTON, July 27. Senators
Root, Lodge, Sutherland and Clark of
Wyoming) are under consideration for
the presidency of the court of impeach
ment to try Judge Archbald, of the'
Commerce Court. Senator Bailey has
been mentioned, but It is said a Demo
crat will not be chosen. Senator Gal
linger, acting president of the Senate,
thinks a lawyer should preside. Judge
Archbald's answer Is to be filed Mon
day; the House managers are to file
their answer Thursday, and on Satur
day, August 3, the issues, must be com
plete and the Senate, sitting as the
court, will decide If the trial shall go
on or be postponed until Fall.
RUSSIA TROUBLES PRIEST
Dean of Auckland Forced . to Dress
as Layman in Czar's Land.
DUBLIN, July 17. (Special.) It Is
a hard ease apparently when a Catholic
priest gets anywhere near Russian au
thority. The experiences of Dean Ma
hony of Auckland, New Zealand, who is
visiting Wexford Just now, is a fair
example.
"When I left New Zealand." hs says.
"I had my passport prepared by the
Minister of Justice In Wellington. I
t, 1.- . J T ti- w.ro nrnhlblted
from entering Russia, but I did not
know an ordinary Cathollo priest
would have trouble in passing through
the Cist's territory.
"At Yokohama, however. I received
a foretaste of difficulty, for th6 Rus
sian Consul there. M. WUm, refused
tosslgn my passport, wnlcti aescriQea
- ". .vli, lMt Then I Its
British Consul Hall, an Ulster man,
but a great Home Ruler. He had nev
er heard of such a prohibition and
went with me to the Russian Consul,
who reiterated that it was not a ques
tion of whether I waa a Jesuit or not
as a Catholic priest I was not free to
travel except by special permission of
the Russian government.
"So I went on to xoato, wn . w
the First Secretary of the British Le
gation, "Who gave me a letter to the
Russian Embassy explaining ths hard
ship of the case. The Russian Ambass
ador received me, and after a consul
tation with his secretaries he said he
would issue the passport if I would
consent to dress in piain
not liwser In Russia. On those terms I
arot through without further ob
stacle."
HARRIS MAKES REPLY
PRINTING EXPERT ANSWERS E.
J. XAIvE IX STATEMENT.
If Present Position Is Overpaid, He
Saya, It Is "Another Testimonial
to Unsavory System."
aAT.Trvr rte' Tnl ir 117. (BncciaL) -R-
A- Harris, State Printing Expert, re
plied to E. J. Kale touay in vuo
ing formal statement:
rjoi. nttneks mv record.
i'-l J -
It is unfortunate for Brother Nale and
myself that such things as recorua ov
ist. As for mine, however, it Is use-
anoloiries.
If my present position is overpaid it Is
another testimonial w no
printing system I am trying to over
throw and Brother Nale is trying to
sustain,
The law says: The Governor shall
appoint a responsible and qualified
printing expert at a salary not to ex
ceed $4 per day.1 Had it not been
clearly seen that the duties would not
require all of a man's time, the salary
might have been a trifle higher. I
l. ..Ak.hiT, further encumbered my
record" by performing the duties and
me seem to have done. In addition,
i . ri.ni, mv aimrjie auueo
and drawing my pay, I have saved the
state at least a year's salary In cash
by insisting on the elimination ot an
abuse of the law tnai nas eaime
years; I am now engaged in a revision
of certain forms of printing, which, if
found aacceptable, will save my salary
two years more, besides making a more
, in.. jv, i .voi-v wav: I have
DUBineaaiinQ ... J
been instrumental in the" revision or
certain state reports wmcn x
,,, .... i , .... onn.hr two vears
Will DttVC llljr J -
II V nmnlAtd. In thiS W&Y,
eusufi " i. n . . . t.
I am endeavoring to serve the staie.
earn my salary ana save my r.u.
r-. i -. . in th fl.t-salarv law
iviy iiiicivci -
. .,. v. v.a oamA mntlvRi. The
is prompicu uj .
measure will stop immediately costly
disadvantages tnai cannot ut
under the present law, and which can
not be covered up by attacks on my
record." These should be thoroughly
investigated If the people are to vote
intelligently on tnis queetmu.
CURTIS IS RECAPTURED
NORTHERS PACIFIC ABSCONDER
. CAUGHT IN SEATTLE.
Former ' Telegraph Operator and
Ticket Agent Tells How He Escaped
From Sheriff In Nightclothes.
T7-T t -civTC-DTT-ori Wanh.-Julv. 27. (Spe
rjLILtiai'JUWt'J( v. , - - -
clal.) John B. Curtis, former Northern
Pacific telegraph operator and ticket
agent at Bristol, w aan.. wu " ,
June, 1911, wun iunua um '
j -. lstAT beino- caotur
cnecas oi iuw., " - -
ed in Arizona, escaping from bnerui
Gorman at the summit of the Cascades
while on the home stretch, was recap
tured in Seattle today, brought back to
BUensburg and placed In the county
Jail
CurtiB, on telling of his mountain
escape, said today:
"I had planned to escape and when
the train was mounting the hill, I asked
the Sheriff If I might get a drink.
We wereMn a berth together and he un
shackled my ankles, leaving the irons
on my limb. I walked to the end of the
car In my night dress, lifted the vesti
bule trap and dropped off into the
night. It was bitter cold, and In my
-. .i - T BeeAi cnnntdArable. Mv
acaiii. iLL..t x -
feet were bare and the iron on my ankle
hindered my progress consiaeiauie.
walked back aown ins
"Stones and ties cut and bruised my
feet until I found a towei mat uu
been thrown or dropped from a Pullman
w . , -1 v. . v. fnH dried leaves
I made a covering for my feet and hob
bled as far as Jester, wnero x unmucu
into a box car and slept. Hoboes in the
car told me how they had been searched
and questioned by officers and they
advised me to lay low. -ieput.y onemi
Crowley and Ivan Wilson were within
, j x , a Ilia limn That
a, xew nunuicu ...t. - --
night I continued my Journey. Reach
ing a farm Bouse, I appropnaieu pan
of lard and sugar, which I sold for 50
cents and a coat and shoes. Later, I
mooched a pair of pants and made my
way to Portland where obtained em
ployment at a flunky."
SON HELD F0R SHOOTING
Youth Charged With Attack on
Father' Boy's Revolver Found.
ST. LOUIS, July 27. Arthur P. Bltt
ner, a meat dealer, while driving his
automobile truck to a wholesale mar
ket early today, was shot twice in the
head and Is in a serious condition at a
hospital. "The police arrested Blttner"s
son, Arthur P. Blttner, Jr., near ths
automobile truck.
The father and his son had been es
tranged. A revolver, identified as that
of young Blttner, was found near the
scene of the shooting.
SPAIN'S PRINCE IS ILL
Queen Mother Cancels Intended Visit
to Remain With Son.
LONDON, July 27. Owing to the HIV
ness of her second , son, Prince Jaime,
Queen Victoria of Spain, who is at
present in London, has cancelled her
visit to her mother in the Isle of
Wight. The latter. Princess Henry of
Battenburg, has decided to come to
London. , - . .
Fifteen million rats havs been sacrificed
for the sake of the preventive measure
against the spread of plajue brought forth
by ths metropolitan pollcs board of ths City
of Tokio This snormous number of the
rodents have been purchaaed by tha au
thorities from ths residents and killed since
the first case of the pestilence -was dis
covered In the capital In December.
RECEIPTS TO INCREASE
PORTLAND POSTOFFICE , WILL
GET 000 FROM STATE.
Initiative and Referendum Pa m-
t phlets to Be Mailed Here
Instead of Salem.
SALEM. Or., July 27. (Special.)
Six thousand dollars In a lump sura-
wlli be added to the receipts of the
fortiand postofftce this year, through
arrangements which Secretary of State
Olcott has made with Postmaster Mer
rick. to have the Initiative and ref
erendum pamphlets wrapped and
hipped out of Portland.
State Printer Dunlway has caused
the type for the pamphlets to be set
in the state printing plant here, but
a contract has been entered Into to have
the printing and binding done by a
Portland firm, the metal being shipped
from here containing the type.
Secretary Olcott says that the freight
on the completed pamphlets, to ship
back to Salem from Portland, would
be $135, and to save that added ex
pense, as well as to place the wrap
ping In the hands of experienced girls,
who have been contracted for, the Sec
retary decided to have tha pamphlets
mailed from the Portland postofflce,
and the permits for mailing will be pur
chased there.
While the pamphlet this year con
tains 225 pages, as compared to 208
pages In 1910, the cost of posting will
be the same four cents per pamphlet,
the paper being somewhat thinner. As
160.000 pamphlets will be mailed, the
total cost of postage will be a flat
(6000.
The pamphlet will contain 38 meas
ures. It will also contain 18 pages of
afflmatlve arguments and 55 pages of
negative arguments. The affirmative
arguments will cost those presenting
them 11260, while the negative argu
ments will cost (3850, this being a total
of $5110, which will be paid into the
state by those filing arguments.
W. S. U'lten was responsible for
a large number of the arguments,
he and some others filing 1
pages ot negative arguments and" six
pages of affirmative arguments, at a
total cost of $1750. The greatest num
ber of pages devoted to any individual
argument is In the argument filed by
W. S. Dunlway against the bill to place
the State Printer on a flat salary. This
argument contains 13 pages, and will
cost the filer $910 to have printed.
There will be two carloads of paper
used In the Initiative and referendum
pamphlet.
By the use of the rapid addressing
machine, which was purchased by Sec
retary Olcott, the pamphlets will be
sent out In wrappers instead of envel
opes, thus saving considerable time. The
wrappers will be sddressed here and
forwarded to Portland.
ANDREWS MAY BE CHOSEN
Taft to Name Successor to Adjutant
General Hall.
WASHINGTON, July 27. Colonel
George Andrews, according to present
plans, probably will be nominated by
President Taft to succeed Brigadier
General William P. Hall, retired, as
Adjutant-General of the Army. Colonel
Andrews has been connected with the
Adjutant-General's office for 14 years
and only Colonel Henry O. S. Heistand
outranks him there.
Senator Root, of New York, ihss
urged President Taft to appoint Colonel
Andrews, and It Is expected that Sec-,
retary Stimson will recommend him.
He Is from Rhode Island and was ap
pointed to West Point from Arlrona,
CARNEGIE'S COIN ACCEPTED
Minneapolis City Council Decides
Money Is Not Tainted.
MINNEAPOLIS, July 27. "Andrew
Carnegie's money Is not tainted." Is tha
decision the Minneapolis City Council
reached today after an all-night ses
sion. For a week the city has debated Mr.
Carnegie's offer of $125,000 to erect
branch libraries.
Don't Kick About
"Taxes Too High"
if you have failed
during the past year
to boost for bitulithic
pavement the kind
that is "cheapest in
the long run," be
cause it LASTS.
OVERBECK &
COOKE CO.
Brokers, Stocks, Bonds, Cotton,
Grain, Etc.
216-71T BOARD OF TRADE B1.DG.
MEMBERS CHICAGO BOARD OK
TttAOE.
CorreapoBdenta of Ls Bryaa,
Chicago and New York.
MEMBERS
Kew York Stock Exchange,
Chicago Stock Exchange,
Boston Stock Exchaaas,
Chicago Board of Trade,
Xew York Cotton Exchange,
w Orleans Cotton Exchange,
!Sw York Coffee Exchange,
jvew York Produce Exchange,
Liverpool Cotton Aaa'st,
J.C. WILSON& CO.
STOCKS, BONDS, GRAIN ASD COTTOM
MEMBERS
NEW YORK STOCK EXCHANGE,
MEW YORK COTTON EXCHANGE,
CHICAGO BOARD OF TRADE,
THE STOCK AND BOND EXCHANGE.
SAN FRANCISCO.
PORTLAND OITIOE:
Main Floor Lumbermen Bank Bl&g.
Fifth and Stark.
Phones Marshall 4120. A 4187.
TRAVELERS Ct'IDC
COOS BAY LINE
STEAMSHIP BREAKWATER
Sails from Alnsworth Dock, Portland,
at A. M, July 24, 28; August $,
8 IS 18, 23, 28. Freight received at
Alnsworth Dock daily up to i P. M.
Passenger fare first-class, $10; second
class. $7. Including berth and meala
Ticket office Alnsworth Dock. Phones
Main 3(00. A 23J2.
11