THE SUNDAY OREGOXIAN, PORTLAND, JUNE 29, 1913. 17 CANAL CREW GROWS 700 Expected to Be Working at Celilo in Six Weeks. 200 NOW PUSH PROJECT HfRh Mater Which Caused Suspen sion 'of Three Steam Shovels Re cedes and Normal Operations Are Due Again Soon. SHsht Increases In the number of men employed on the Celilo Canal project during the last few days ha." brought the force to 200 workers and It Is asserted that In six weeks a total of 700 will be laboring on the big ditch. F. C. Schubert, assistant en gineer on that undertaking, says that the Upper Columbia Is falling steadily and unless there is a check in that regard nearly everything will be In full swing within a month. Because of the freshet three steam shovels were ordered out of service, leaving but one working, and next week the second will be operated again and the others as fast as conditions permit. Concrete mixing will be re sumed by July 7 aad a number of men will be taken on to assist in that. Mr. Schubert says that even though the high water compelled a suspension of most of the work, the Government played in good luck inasmuch as no damage resulted and that part of tht. canal overflowed is so located that no lengthy delays will be met with in getting started In full swing. The Columbia fell four-tenths of a foot at Umatilla and six-tenths at The Dalles for 24 hours ending yesterday morning and there was a drop of four tenths In the. Willamette here, while the Snake is also going down slowly and it Is generally believed that the danger of continued high water is slight. Steamers have resumed opera tions between Portland and The Dalles on scheduled time and principal in convenience now experienced from the freshet is among ranchers along the Middle and Lower Columbia. WERKS GOES TO T. J. POTTER Skippers From Snuke River Drawn to Seaside Steamer. Captain Werks, master of the O.-W. R. & N. steamer Hassalo, of which he assumed command last week when she went into service, changing his berth from the steamer Harvest Queen, Is due for another shift when the steamer T. J. Totter Is ordered into service in about a week, for he has been Belected as her skipper. With him will be Captain George Campbell until re cently master of the Snake River steamer Lewiston, who will act as pilot, while Captain J. E. Akiens, mas ter of the steamer Spokane, which was tied up Friday, owing to slack busi ness on the Snake, will be first mate of the Potter, so that he may gain, experience on the Lower Columbia. Captain Carlson will oe assigned master of the Hassalo and Captain Wing as pilot, and Captain Turner will move up from pilot to master of the Harvest Queen, Captain Riggs acting as pilot. The Harvest Queen was de tained until 9:30 o'clocit last night so that passengers for North Beach points could be accommodated, and sha was ordered to go to Megler, though ordi narily her run terminates at Astoria. The Hassalo also left at 9:0, but steamed via Astoria to Megler. KTXA HAS BIG WHEAT CARGO Arrncan Clears Tomorrow and Lord Derby Starts Loading. By daylight this morning the Danish steamer Kina, of the Fast Asiatic fleet, will be started on her long Journey to Tenneriffe with in excess of a quarter of a million bushels of Oregon wheat, for she was cleared at the Custom house yesterday afternoon with 262,000 bushels valued at $248,900. She will be followed by the British ship Arracan, which Is to clear tomorrow, and will be the last of the 1912-13 grain fleet from Portland. On the Arracan will be close to 30,000 bushels of wheat, but the remainder of her cargo will be made up of bar ley. She carries 4000 tons In all. The British steamer Lord Derby starts loading at the North Bank dock to morrow and will finish at Irving- dock, probably getting away by July 8 for the United Kingdom. The Norwegian steamer Arna, which came Into the river yesterday from Vancouver, ti. C, and went to Westport to take on a part cargo of lumber, will come here to work grain for Europe also, so there will be two lots of the cereal to move foreign in July, which Is unusual, as the last offshore wheat shipments are seldom extended even into June. OFFSHORE RATES FALLING Lumber Engagements Expected to Be Gone for Less Soon. Week-end reports from San Fran cisco concerning the offshore lumber freight market are not cheering for vessel owners, as low rates Indicated by recent fixtures are held to be above what the market will reach in a short time. Davies & Fehon have engaged one of the Strath tramps to load here or on Puget Sound for Japan at 6s 3d, and the schooner Robert Searles has been taken by W. R. Grace to load on the Columbia for the West Coast at ESs 9d, and the barkentine Omega has been added to the list of the same firm for the West Coast at a rate said to be close to that paid for the Searles. J. J. Moore & Co. have chartered the schooner Wilbert L. Smith to load on Grays Harbor for Callao at 67s 6d, and the schooner E. B. Jackson la listed to work cargo on Grays Harbor for Wal laroo and the schooner Willis A, Holden from here or Puget Sound to Manila, both at private terms. INSPECTORS CATCH CARLOS Steamer Held on 'Several Alleged Violations of Law. Arriving here with 38 passengers and 24 of her crew, when her license pro vides only for 25 passengers and the crew, making u total of 49, the steamer Carlos, of the Olsen & Mahony fleet, was complained against yesterday to Collector of Customs Burke and United States District Attorney Reams, and steps were tnken to libel the vessel to collect fines that may aggregate a large sum. She was released on a bond in the sum of $1000 and will sail Thurs day for San Francisco. The steamer was inspected when she reached here yesterday morning from San Francisco. Federal wireless au thorities having reported that she had sailed from the Golden Gate with an excessive number of passengers. Among the charges is one that a true and cor rect list of passengers was not carried; that 13 persons were on board In excess or the number allowed in her certifi cate of inspection: that she was not equipped with auxiliary power for send ing radio messages should her main power be disabled; had but one wireless operator when two should have been carried in proportion to the number of persons aboard, and was not equipped with means of communication between the pilot-house and radio-room. While the Carlos has accommodations for more passengers, her license was re duced in October at the request of her owners so but one wireless operator had to be employed. LIGHTSHIP JfAJIES SHORTER Columbia Is First Vessel Changed In Seventeenth. District. When the Columbia River lightvessel returns to her station the latter part of the week she will have lost her former number of 88 and the word river will be gone from her sides, as an edict of the Bureau of Lighthouses has gone forth that hereafter such vessels shall be designated by name only, and that to be of one word to Indicate the station she occupies. The ship will be known only as Co- STEAMEB INTELLIGENCE. Dim to Arrive. Name. From. Date. Beaver Los Angeles. . In port Breakwater Coos Bay In port Roanoke San Diego. ... June 29 Sue H. Elmore. Tillamook. .. .June 2 Bear Lob Angeles. . July 1 Alliance Eureka July 5 Rose-City fan Pedro July 6 Geo. W. Elder. .San Diego. ... July To Depart. Name. For. Date. Breakwater. .. Coos Bay June 29 Oliver J. Olson. Ban Francisco June 29 Sue H. Elmore. Tillamook July 1 Beaver Los Angeles .. July . 1 Multnomah. .. .Los Angeles. . July 2 Carlos.. LoB Angeles. . July 3 Roanoke San Diego .... July a Bear Lot Angeles. . J u; y Alliance Coos Bay July 7 Geo. W. Elder. .San Diego July 9 Rose City Los Angeles. . July 11 European and Oriental Service. Name. From. Date. Kina i. .Vancouver. .. .In port Saxonla Hamburg June 29 Kails of Orchy. London June 30 C. F. Laelsz. .. .Hamburg July 29 Cm of C'slle. . Antwerp Aug. 15 Brlsgavla .Hamburg Aug. 27 Vestalla London Sept. 2 Name. For. Date. Saxonla Hamburg July 4 Falls or Orchy. Orient July 7 C. F. Laeisz. .. .Hamburg Aug. 1 Brisgavia Hamburg.' Sept. 1 Vestalla London Sept. A lumbia. As fast as others are sent in side for repairs the change will be made, so that Umatilla Reef lightvessel will be called Umatilla and Swiftsure Bank Just Swiftsure. In the south Blunt's Reef lightvessel will be named Blunfs, and so on with the entire fleet. The Columbia is to take on coal at the bunkers tomorrow, and when she goes outside the relief lightvessel will be ordered to Astoria. Should a tender not be available to carry coal to the Umatilla Reef lightvessel this week the relief vessel will be bunkered at As toria and sent there temporarily. SAFETY FIRST OX STEAMERS O.-W. R. & N. to Work Ont More Protection for Lives. Announcement has been made that the central safety committee of the O.-W. R. & N., on which is represented all departments of the system con cerned with operation, will shortly designate a special committee to carry out the "Safety First" campaign on the water lines of the company. It is intended that every safeguard shall be taken advantage of on steamers of the corporation to protect life. Serving on the central safety com mittee are M. J. Buckley, general su perintendent of the system; C. G. Suth erland, assistant to the general man ager; J. F. Graham, superintendent of motive power; U. K. Hall, general store keeper; G. W. Smith, general claii agent; F. N. Bailey, secretary; B. B. Palmer, superintendent of maintenance and way, and 'Captaln" E. R. Budd, su perintendent of water lines. Marine Notes. J. P. Rudd, of Seward, Alaska, says he has made the trip to Portland for the purpose of investigating prospects for a steamer line between this city and Alaskan ports, as residents of that territory are more desirous of tran sacting business here than on Puget Sound. One of the offshore arrivals in the river yesterday was the schooner Se home, hailing from Sydney, which will load lumber for the West Coast at the Portland mill. She put out from the Australian harbor April 22. Southbound passenger traffic from Portland is increasing as Summer ad vances, and in addition to a rush fbr reservations on the steamer Beaver, sailing Tuesday, and the Roanoke the following day, there are few berths remaining on the Multnomah for Wed nesday afternoon, or on the Merced and Carlos, which sail Thursday. In order to have repairs made to her propeller the gasoline schooner Tilla mook will be lifted on the Oregon drydock. Movements of Vessels. PORTLAND, June 28. Arrived Steamer Carlos, from San Francisco. Sailed Steamer Yellowstone, for Los Angeles. Astoria, June 28. Sailed at 5 A. M.. steamer Alliance, for Coos Bay and Eureka; steamer J. B. Stetson, for Aberdeen. Sailed at 7 A. M.. steamer San Ramon, for San Francisco. Left up at 9:50 A. M., Nor wegian steamer Arna. Outside Schooner Sehome, Iroiu Sydney. San Francisco, June 28. Arrived at 6 A. M.. steamer Geo. W. Elder; at noon, steamer Klamath, from Portland. Sailed at noon, steamer Claremont, for Portland. Arrived, steamer Bear, from San Pedro. Point Reyes, June 28. Passed at 1 P. M.. steamer Catania, from Portland, for Port San Luis. Falmouth. June 28. Arrived French ship Thiers, from Portland. Seattle, June 28. Sailed at 7 A. M., British steamer Falls of Orchy, for Portland via Victoria. Sailed at 5 P. M., Germaii steamer Saxonla, for Portland. Shanghai, June 28. Arrived previously Norwegian steamer Thode Fagelund, from Portland. - Tatoosh. June 27. Passed In, steamer Willamette, from Portland, for Tacoma. Monterey. June 27. Arrived Steamer W. S. Porter, from Portland. San Francisco, June 27. Sailed at 2 P. M., Johan Poulsen; at 0 P. M., steamer Merced; at 10 P. M.. steamer Northland, for Port land. Arrived Schooner W. F. Jewett, from Columbia River. Astoria, June 27. Sailed at 0 P. M., schooner Resolute, for Honolulu. Arrived at 7 :15 and left up at 9 P. M., steamer Carlos, from San Francisco. Arrived at 8 P. M., Norwegian steamer Arna, from Vancouver. Seattle, June 28. Arrived Steamers Ara blen, from Antwerp; Saxonla, from Ham burg, via Vancouver: Keemun, from Vic toria. B. C. Sailed Steamers Buckman, for San Francisco; Saxonla, lor Portland; Falls of Orchy, for Portland, via Victoria, B. c. ; United States revenue cutter Thetis, for Cordova. San Francisco. June 28. Arrived Steamers Grace Dollar. Bandon; George W. Elder, Rose City. Portland; Centralla, Grays Harbor: Maverick, Seattle; Klamath, Asto ria; Tiverton, Port Gamble. Sailed Steam ers Georgian, Sallna Cruz; Claremont, Asto ria; Speodwell. Bandon; President. Seattle. Los Angeles, June 28. Arrived John A. Hooper, from Wlllapa Harbor; Helene, from Grays Harbor. Sailed Edward H. Vance, for Columbia River; Alcatraz. for Green wood. Liverpool, June 28. Arrived Steamer Statesman, from Seattle. London, June 28. Sailed Steamer Setos, from Hamburg, for San Francisco. Singapore, June 28. Sailed Steamer Ves talla, from Antwerp and London, for Van couver, B. C. New York, June 28. Arrived Steamer Santa Cruz, from Seattle, via Montevideo. Tacoma. June 28. Arrived Steamer Will amette, San Francisco. Colubbla River Bar Report. Condition at the mouth of the river at 6 P. M., cloudy; wind, northwest, 6 miles; sea, smooth. Tides at Astoria Sunday. Wlgh. Low. 9:30 a. M 5.5 fcet3:32 A. M ....14 feet 0:01 l M 8.4 feetj2:2o P. M.....3.& feet HOPS AT 15 CENTS Over 500 Bales of New Crop Are Contracted For. ORDERS MORE PLENTIFUL Buying at Advanced Price Is Done In Polk and Washington Coun ties Market Affected by Foreign Conditions. The market for 1913 hops has been put on a 15-cent basis by the operations of the past two days. Over 500 bales have been contracted for at this price, and other deals are pending. Louis Lachmund has purchased 20.000 pounds of the new crop from Walker Bros., of Independence, at IS cents, and 20.000 pounds from C. A. McLoughlin, of Independence, at the same price. Fifteen cents Is reported to have been paid for 30,000 pounds of the Gregg crop at Hillsboro. A deal Involving 300 bales was closed between dealers at 15 cents, and other Salem firms are known to have offered this figure to growers. Numerous orders at 14 cents are known to have come in In the past two days, and it is said that fully 3000 bales would have been taken had they been available. The only 14V4-cent contract reported signed was for a West Side lot. The strength of the market Is derived entirely from the crop advices received from Europe. Conditions over there do not appear to be any worse, nor are they any better. A London cable re ported English crop prospects fair, with rain badly needed. The crop situation in this state Is still satisfactory. The yards are clean, not withstanding the long wet spell. Local receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hav Monday 4 m n .,4 Tuesday 21 o 7 : "7 Wednesday ... 8 3 4 1 Thursday 0 7 2 8 Friday 31 s 9 t 3 Saturday 18 9 12 1 7 Year affo 8 5 6 Total this w'k 1.18 3 08 14 61 Year ego 8.", 2 34 8 42 Season to date 173!)fi 2394 2fl."2 Ifini 03,-8 Year ago . . ..14408 5111 2'.18 1593 2828 OLD WHEAT 1'RICES SLOWLY SAGGING Floor Moving at ( nrhnnged Quotations Grain Contracting Hot Active. Spot grain prices are slowly but steadily sagging as the new season draws near. Club is now quoted in some quarters at 90 cents, but most holders want more. Bluestem is en tirely nominal here. It has been of fered as low as 92 cents at Seattle. The coarse grains are equally weak. Patent flour is selling freely, and It is believed stocks In the Northwest will clean up in good shape before the sea son ends. Patents are still cheap, even at the present wheat prices. New flour is not likely to be cheaper than the cur rent make, judging from the new crop bluestem prices that are being talked of, which are around 90 cents for July August. It is customary for millers to quote a premium on early wheat, but by Sep tember 1 the market generally gets down to the export baBls. Only a lit tle club wheat contracting has been reported to date. Crop advices received yesterday were mainly favorable. Some sections re ported the wheat a little rank and weedy, and if hot weather follows the recent rains. It may do soma damage there, but on the whole, the crop in the Northwest is In excellent shap. FRUIT SUPPLIES ARE WORKED OFF Good Demand For All Kinds at Steady Prices Bananas Are Received. The demand for all kinds of fruit was good yesterday, and the Front-street houses succeeded In cleaning up their stocks In a satisfactory manner. Prices were fairly steady. A mixed car of deciduous fruits arrived from the south and four cars of bananas were received In good condition. Several cars of cantaloupes are due Mon day and California watermelons will be in later in the week. The strawberry season is now regarded as ended, so far as the jobbing trade is con cerned, and blackberries, blackcaps and loganberries will take their place In the coming week. The cherries received from east of the mountains yesterday were most ly In poor shape. Vegetables were in good demand at gen erally unchanged quotations. A car of yel low California onions are due Monday. Country Produce Market Good. Poultry receipts cleaned up at the close, for the most part at Friday's prices. Chick ens were firm and ducks were weak. Dressed meat receipts were small and prices were unchanged. The egg market was firm, - as arrivals were rather under the demand. Cheese was steady and well cleaned up. Butter was firm and an active market was reported. Advances in Provisions. A new provision list. Just Issued by the packers, quotes a number of changes, all In an upward direction. The market Is strengthened by the firmness of hogs and there Is the usual Summer increase in the demand. Hams of all sizes are advanced once cent, and bacon is also a cent higher Compound lard Is lifted half a cent. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: l"n cities r.nj Clearings. Balances. 5?IH? $1,357,335 $163,722 eattle 1.03U.721 "l87.20S Spokane 4S5.5S2 63 351 ?urlnK" at Po,rt'and. Seattle and Tacoma tor the past week and corresponding week in former years: 8 Portland. Seattle Taromn $10,394,740 $12,232 0 $?5M?5i 1912 9.045.448 12,l.!U2 4 18?.SS 9.17.1.431 10.2HS.878 a'bTLBSIt IglO 9.208.270 10.U7.SSS 6 SoO 2 1309 6.837.041 12.100,557 0 179 331 19 4.525.2S1 6.030,051 8 722 688 07 6.800-.S12 9.218 490 4 061034 1908 5,000,708 S.55S.303 305.420 PORTLAND MARKET QUOTATIONS. Grain, Flour. Feed, Etc. WHEAT Track prices: Club. 9092c: bluestem. 94(6 7c; 40-fold, 82c; red Russian 90c; Valley, 82c OATS No. 1 white, $29 per ton; stained and off grade, less. FLOUR Patents. $4.70 per barrel: straights, $4.10; exports, $3. 85 8 9t; valley $4.70; graham, $4.60; whole wheat, $4. SO. CORN Whole. $28.50; cracked. $29.50 per ton. M1LLSTCFFS Bran, $24.50(925 per ton shorts. $28.5027 per ton; middlings $31 per ton. BARLEY Feed, $23.5032S per ton; brew ing, nominal; rolled, $2S.6029.5O per ton. HAT Eastern Oregon timothy, choice. $1819 per ton; alfalfa, $13&14. Fruits and Vegetables. Local Jobbing quotations: TROPICAL FRUITS Oranges. $4.50 per box; lemons, $8010 per box; pine apples, 7c per pound. ONIONS Red and yellow. $1.25 per sack VEGETABLES Artichokes, 75o per dosen: asparagus, Oregon. 50c $1.00 per dosen; beans, 5S8o per pound; cabbage, l2c per pound; cauliflower, $2.00 per crate; corn, 40c per dozen; cucumbers. 90c per box; eggplant, 25c pound; head lettuce, 35 40o per dozen; peas, 3 5c per pound; pep pers, 17&20c per pound; radishes, 1012o per dozen; rhubarb, l2c per pound; spin ach, 75c per box; tomatoes, $11.25 per box; garlic, 7 8c per pound. POTATOES New California. 2c per pound. GREEN FRUIT Apples, new, $1.25 per box; old, nominal: strawberries. 80 75c per crate: cherries, 410c per lb.; goose berries, 8 4c per pound; apricots, J 1.25 1.50 per box; cantaloupes, $2.25 2.70 per crate; peaches, tlffpl.lo per box; water melons. 8?Sc per pound: plums, $1.50(3) 1.7ft per box; raspberries, $1.75 per crate; loganberries, $1.75-2 per crate. Coffee and Sugar. NEW YORK-. June 28. Coffee futures opened steady with prices one to nine points lower In sympathy with lower European cables. Rumors that the decline, abroad had resulted from some confusion regard ing financial difficulties in the South, pro moted some covering here in the late trad ing. The close was steady. July 9.40c: Sep tember. O.ttOc; October. 9.73c; December, 9.84c; January, O.Sttc; March, 10c; May. 10.05c. " Spot coffee quiet. No. 7 Rio. 974c; Santos, No. 4, 12c. Mild coffee dull; Cordova, 13c4 10 He. Sugar Raw, firm. Muscovado, 2.39c: cen trifugal, 3.89c: molasses, 2.64c. Refined Arm. Grain and Produce at New York. NEW YORK, June 28. Flour, quiet. TV heat Spot steady ; No.' 2 red, 97o t f New York export basis July shipment; No i Northern Duluth. $1.02 f. 6. b. afloat, futures were steady early on small offer ings, but developed an 'easier feeling on generally favorable weather and In general sympathy with the West, closing net c i"?"1 July 9ac; 8ePter. 98c; December. l.ov . Hops Quiet. Hides Steady. Petroleum Steady. Wool Steady. GOODOUTLETFORGATTLE MARKET HAS RULED STRONG IX PAST AVEEK. Hogs Close Firm at Recent Advance. Sheep Hold Steady, With Lim ited Offerings at Yard. Operations in the livestock market as usual on the closing day of the lT" W?" limted- The supply was light and not much business had been put through when the yards were closed at noon. Final prices were un changed from those of the preceding There was only one sale in the cat tle market that of a load of Idaho steers at $8.25. Two loads of good hogs were moved at $9. and several bunches of yearling sheep were sold at prices ranging from $4.16 to $4.85. Receipts were 157 cattle. 6 calves. 504 hogs and S00 sheep. Shippers were August Schroeder, Cottonwood, Idaho I.'" ff cattle; Hugh Cummlngs, n ,V'. 1 Cfr of hORS: Huh Cummlngs, Corvallls. 1 ear of mixed calves and hogs and 1 car of sheep; L. E. West, Oakland, 1 car of sheep: Walla Walla Meat Company, Walla Walla. 2 cars of hogs; Fred Benslnger, Tipton. Cal., 4 cars of cattle; C. E. Lucky. Canby 2 cars of hogs and 1 mixed car of cat tle, hogs, calves and sheep; C. S. Staack, Lyle. Wash., 1 car of cattle. e uays sales were as follows 88 hogs S8 hogs '" 249 yearlings '.' 94 yearlings 84 yearlings Weight. Price. 203 $9.00 .. 210 9.00 . . 82 4.50 91 4.15 89 4.16 26 steee. 237 yearlings .'..".V"":: " " o !? 114 yearlings 55 yeaning, ;;;;;; $1 ; ,r?-ecelpts for the week have been:. Cattle. 152o; calves. 278; hogs, 2780; sheep. 4S96; horses, 23. ' Cattle market steady to strong all week. The general run of steers has been above 1, Ttra5" uality. the bulk selling at $,.75 to $8.25. Several loads of Cali fornia grass cattle sold at higher prices. A. u"'Ser" .ln thU hlPment brought $8.75. the heifer 1ft KA 1 T . - -.v wutiet nas been very good and the market seems to ouu uasis. mere is a. poojr demand for stoclcers and feeders on account of the high water, which condition will be eliminated in the near future. ..J.'", ho 'rad surpassed all records since I9 fo,r a "lns'e wee. Prices made a sheer gain of 80c in seven days. Market opened strong Monday at $8.60. which was a 20c gain over th . . r . ' " 1 ana o v n r- JSnr ir"- "!? W1" a" '" .-.1 . . v 7 . uve Deen very lib eral, but buying has been on a large scale ,,; - j - nuitmr aosorDea. Transactions ln the sheep house have been --" -" "8"' receipts ana slow demand for mutton. Extra choice year lings are worth $4.75 to $5. and ewes $4.60. The lamb trade is ln very fair shape and prime fat Spring stock has had a good out let, nrices mnHni, fpnm r a . - - thThB tV-1Vr"! "a! " -eP-entation of Weight. Price ?i 1158 $8.75 22 cows 1000 7 7- 151 calves 2:0 g 00 1 stag 1420 7 ll ;J hgS 207 9.00 Z hS 183 8.95 ,lam',s 9 6.75 "? lamb 70 6.50 11 ewea 124 4.25 follows: The range of prices at the yards was as choice steers $8.008.75 Good steers 7.25 7.76 Medium steers 7.dOC 7. lis Choice cows 6.50 7.50 Good cows K.23M 8.60 Medium cows 6.011 S B.21 Choice calves $.00 0 9.00 Gcod heavy calves 6.C0 7.60 Buu? 4.0031 0.00 rings yKhc 8.60 9.00 Heav" 7.60 7.80 fcheep Wethers 4.00 5.00 ' 8.00(31 4.50 Lamba COO 6.73 Omaha, Livestock Market. ' F?UT,tL OAHA. June 28. Cattle Re ceipts. 100: market, steady. Native steers -'r.T." ," native cows and heifers. $4m .; halves, $7..iO10. Hogs Receipts. UIOO; market, steady Heavy. $.33(8.45: Usht. $8.4r.!je8.53. pigs. t'U. t.oO; bulk of sales. $S.4O'i),S.30. feneep Receipts. 40O; market, steady learlings. $r.e.25; wethers. $4.50&5 75 lambs. $o.50s. n LOAN EXPANSION LARGE SETTLEMEXTS AFFECT CLEAR-IXG-HOl'SE REPORT. New York Banks Fall to Show Ex pected Gain in Cash Kold . Ings for Week. NEW YORK. June 28. The statement of me actual condition . of Clearing-House banks and trust companies for the week shows that they hold $35,272,250 reserve ln excess of legal requirements. This Is a de crease of $8,637,400 from last week. The statement follows: Loans $1,922,657,000 $28,483.000 01,d3.UUU 412,000 Legal tenders 84,080.000 985.000 Net deposits 1.791.801.000 28,980.000 " i- uiaiivjii ...... VO.tfOU.UUU 72,000 Increase. Banks' cash reserve In vault. $378,088,000; trust companies' cash reserve ln vault. $63,. 427,000; aggregate casn reserve, $441,515,000; excess lawful reserve, $35,272,250; decrease $8,637,000; trust companies' reserve with Clearlng-House members carrying 20 per cent in cash reserve. S71.04fi.ooo. Summary of state banks and trust com panies ln Greater New York, not included ln i,ieariiig-raouBo statement; decrease. Loans .$o.,3.8!4,000 $3,590,400 specie 65.552.000 204,100 ti icuuera - i,tif,3l0 4ft 300 Total deposits 629,686,500 S, 239, 200 The Financier says this week. As had been anticipated, the July 1 In terest and dividend period materially in fluenced the statement of the New York Clearlng-House banks for the week ending June 28. loans having shown an expansion of $28,493,000, and deposits a correspond ing increase of $U8,980,0O0. The surprising feature of the statement was m. decrease f $1,347,000 In cash, preliminary estlmatesJ i,Ai,s ntuiwieu Hn expansion or over $5,000,000 in that item. The discrepancy is to be accounted for by adjustment due to the approaching semi-annual Interest and dividend payments. WALL STREET BULGE Stocks Respond Vigorously to News From Washington. UNION PACIFIC GAINS 41-2 Agreement on Dissolution Plan Af fects Entire JLdst Favorably, but Dealings Are on Light Scale. Bonds Are Steady. NEW YORK. June 28. Toward the close of a session which bid fair to be the dullest of the year, the stock mar ket received a sudden stimulus which sent up prices quickly. News came from Washington that a final agree ment had been reached, with President Wilson's approval, on the plan for dis solving the Harrlman merger, and the new plan would be presented in court Monday. Traders took the view that, under such conditions, the assent of the court to the plan was virtually assured. Union Pacific made a vigorous re sponse, rising four and a half points above yesterday's close. The remain der of the list moved upward strongly, with general gains of 1 to two points for the active stocks. It was almost en tirely a trader's market, however; and prices fell off to some extent before the close. Forecasts of the bank statement were wide of the mark. Instead of the pre dicted heavy cash gain, the banks showed a decrease of more than $1, 000,000 in actual holdings. There was a large loan expansion, and as a result of the week's operations, the surplus was cut down by $8,500,000. The cash loss and heavy loan Increase reflected the new financing of the week more than $40,000,000 having- been paid out here In short-term loans, put out by various corporations, and borrowing in anticipation of the July 1 statement demands. Bonds were steady. Total sales (par value), $420,000. Panama 3s. coupon, declined one-fourth on call on the week. NO PRESSURE OX STOCK MARKET Feeling of Reassurance Over Near Financial lroMpect. NEW YORK. June 28. Signs were not lacking through the week of a feeling of reassurance over the near financial pros pect, while complete confidence over the longer future Is lacking yet. For this rea son the week's market was free from pres sure, while no great enthusiasm was mani fested on the buying side. Speculation came almost to a halt, following a moderate ad vance of the first two days of the week. Money on call in New York loaned as low as 1 per cent during the week, but the firm rates for time loans on collateral and the scanty demand for commercial paper, on which 6 per cent was the ruling rate, showed the real scarcity of available funds. Trade reaction is suggested as a probable means of relief from money strain, espe cially in Germany. Such relief from imme diate borrowing demands on banks must carry with it diminished profits of enter prise and further Impairment of credit, the damage to which already is alleged to lie at the root of the difficulty of enlisting cap ital. Railroad authorities urge this argu ment strongly ln pursuing their claims for increased freight rates. J. P. Morgan phrased the position ln these words to the New York Public Service Com mission : "It Is not a matter of available cash for the needs now. Bankers, therefore, look forward with some anxiety to the need for money to move the crops. The usual re serve by borrowing abroad will be sought, but the response Is not certainly known. Passage of the new currency bill, at least In time for the season's needs, is not ex pected, without counting differences of bank ing opinion over the effects to follow the law." The seeming assurance of judicial ratifi cation of the Union Pacific plan of disso lution removes a factor that had threat ened a heavy burden on the market ever since the original plan failed. The trustee ing, of the Southern Pacific stock insures against forcing It on a weak market. Specu lative sentiment also was favorably af fected by the Inference of liberality ln the Administration's approval of the exchange of Southern Pacific for Baltimore ,1 Ohio stock with the Pennsylvania Railroad. Steel and copper news gave no Intimation of the expected revival of demand. Addi tion to the freight car surplus for the first half of June was large enough to strengthen belief ln decline In traffic. Rains In the corn belt relieved some anxiety, but fears of damage to Spring wheat were manifested. CLOSING STOCK QUOTATIONS. (Reported by J. C. "Wilson & Co., Lewis building, Portland, Or.) Open H!gh Low Close Antal. Copper Co Am. Car &. p., com... Am. Can, com. ..... do preferred tjirr. cotton Oil, com. Am. Lrfco., com Am. Sugar, com..... Am. Smelt., com. ... do preferred ...... Am. Tel. & Tel Am. Woolen, com. . . . Anaconda Mining Co. Atchison, com do preferred. ...... B. & O., com lieet Sugar b4ii uav, 4- 42 Vi 2tSi! 27 63 74! now 42 4iii ::!! 27 IWVij B8H .... oG V 20 1V7 01 j 02 lVi 62 VI 12SH12tt128V412U 32 Ho 33 15 32 5H 33 H l." WS '' 21V 217V 21 UO 11 'sshT4W 13 .Brooklyn Kauld Tr..i K7 87 1; i S7 Canadian Pac, com. . 216Vi ilsiii ,216 11111 " ' unaiiici, do preferred ...... C. & a. W., com do preferred C M. A St. P 111 HV4 11 VA Hta 1031ll2'4 lo.'iV t-. & J.. W., com Chino Copper Chesapeake & Ohio.. Colo. Fuel & Iron, c. .171, 33 S 34 33 54 j 63 54 14 53 27 coio. t?outh., com.. 3 Consolidated Gas .... 126 4 129 Delaware & Hudson. . JluOH lol ;12S;12S4 liUil0U Denver & Rio G c... lttiil ltJVl do preferred iT. ... Erie, common j 3 "5s ! 24 do 1st preferred... 36 11 36A Gt. North, ore lands..) HA i 111 11 15 ii 15 I Z4 ::3 i 36; :i 33 33 4 Gt. North., pfd il2 Vi 123 Ice Securities 1... ,122 Illinois Central HO HO Interurban Met.. C...1 144; 15 do preferred 54: rti Lehlsh Valley H ! 17 Kansas City South.. .j 2t; Louisville & Nash... 130 131 M . K. & T.. com.. 21 2H4 do preferred . . . , Missouri Pacific 27 H 30 National Lead Nevada Con N. Y. Central 87 07 Vt N. Y-, Out. & W... 3114 31 N. & W., com H2j4 103 North American N. Pacific, com 107(4 107 4 Pac. Mail Sun. Co Penn. Railway 110 111V4 P.'s G., L. & C. Co.. . P. Stl Car. com do preferred Ray Cons. Copper... 16 10 Reading, com 157 Vi 15o ti do ud preferred do 1st preferred Rep. I. s., com.... 18 18 do preferred Rock Island, com... 15 16 do preferred SL L. & 8. F.. 2d pfd. S 6 do 1st preferred So. Pacific, com. 65 00 So. Railway, com... 20 21 do preferred 74 74 y. Tenn. Copper 28 29 Texas & Pacific T., St. L. & W., com do preferred Union Pacific, com.. 145 148 do oref erred ..... iio' " HO 15 14 54 55 141! 14U 130 21 130 21 57 43 14 4 U7 31 103 5ti 28 7 31 102)4 107, 17 18 110 111 107 2'2 00 li 16 157 108 83 hO 18 73 15 25 5 12 5 21 74 29 13 7 16 14 8J 59 102 53 103 4 2 23 2 6 60 .". 44 15 " '0 '04 74 28 145 U. S. Rubber, com. . 1 do preferred i I U. S. Steel Co.. com. 52 53 do preferred 103 103 Utah Copper 42 42 Virginia Chemical... 23 23 52 102 42 23 Wt&UHSIl, COlll. . do preferred ).....! 1. Western union Tele.. 1 1. . .. Westinghouse Elec... 68 59 68 Wis. Central, com. ,. Total sales for the flay, 137,100 shares. BONDS. Reported by Ovarbeck & Cooke Co., Board of Trade building, Portland. Bid. Asked. Atchison general 4s 93 94 Atlantic Coast Line 1st 4s.... 87 i s Baltimore & Ohio gold 4s 80 HIV, BR T 4s SH 87 Chesapeake & Ohio 4 ! Ji9i C R I col 4s ...54 55 California Gas 5s 92 .... Investors and Capitalists Don't put your money in schemes located in other parts of the country. Invest in home (Portland and Oregon) industries, where you can know the principals and watch the busi ness. A Portland mercantile house established several jears ago and which has made, marked progress each year, offers a limited amount of its treasury stock for sale. Funds to be used for working capital of a new de partment paying big returns. All replies received will be treated with the same confidence in which we will expect information we give to be received. For full particulars address, D C B Q Joint 4s 01 014 Erie general 4s OS 70 Int Met 4s '74 74 Louisville tic Nashvlte unl 4s.... 92 113 Missouri Paclc 4s tui N Y C gen 3a R' . S3 N A W 1st con 4s Itj .... Northern Pacirtic 4s 91 9'J Oregon Short Line ref 4s....... S7 M PaclHc Tel 5s Hiti, Penna Con 4s )i Reading general 4s 114 15 St L Ac S F ref 4s c.s 69 Southern Pacific ref 4s N8 4 8! Southern Paciric col 4s 87 89 Vj Southern Railway 5a 102 .... Southern Railway 4s 72 72 Union Pacitlc 1st and ret 4a.. 91 92 United States Steel 5s 08 0S West Shore 4s fi'A 94 Viiash Is .... 4s BO Westlnghouse Electric cv 5s 8S 89 Wisconsin Central 4s 83 .... United States 2s reg 99 100 do coupon 11K .... United States 3s reg... 103 103 do coupon .........10:1 United States 4s reg 113 li4 do coupon 114 .... Stocks at Boston. BOSTON, June 2R. Closing quotations' Allouez 30 iMohanlc , 4314 Amal Copper.. .".: Nevada Con.... 14 S A Z L & s . . . .lwi i Nipissing Mines 8 Arizona Com... 2, North Butte 24 B A C C. & S M 45 North Lake 1 Cal Arizona.. 57 (Old Dominion... 43 Cal & Hei-la. . . .416 Osceola 7 Centennial 10 iQuincv .... 37 C R C C :9 I Shannon 7 E Butte C M.. 10 Superior 22 Franklin 5!S & B M 2 Oiroux Con 1 'Tamarack 22 Granby Con 54 :u S S R ft M . 36 Greene Canaries (5 do preferred.. 47 I Royalle (Cop) 1S Utah Can 7 Kerr Lake 38 lUtnh Coy Co 4a Lake Copper... 7 Winona 1 La Salle Cop... 3 Wolverine 44 Miami Copper.. 30! Money, Exchange, Etc. NEW YORK, June 28. Money on call, nominal; no loans. Time loans, steady: 00 days, 3 ji'3 per cent; Ou days. 3 iff 4 per cent: six months, 5-y5 per cent. Prime mercantile paper, a per cent. Sterling exchange steady, with actual bust, ness ln bankers' bills at $4.8310 for 60-day bills and at $4.8675 for demand. Commercial bills, J4.82. Bar silver, 58 c. Mexican dollars, 48c. Government bonds, steady; railroad bonds steady. SAN FRANCISCO. June 28. Silver bars 38c. Mexican dollars Nominal. Drafts Sight. 2o; do., telegraph. 5c. Sterling on London. 60 days S4 S3- do sight (4.86. '' LONDON. June 28. Bar silver, steady. 28 15-16d per ounce; money, c jj 3 V- per rent; rate of discount ln open market" for short bills, 4 4. 4 5-16 per cent; do, three months' bills, 4 5-10 per cent Condition of the Treasury. WASHINGTON, June 28. The condition of the United States Treasury at the be ginning of business today was: Working' balance 61 457 1130 In .banks and Philippine treasury 5S,52v'773 Total of general fund 144 973 496 Receipts yesterday 5 011078 DiKliurseraents a'47r,'fi"5 The surplus this fiscal year is J20,349;4S3 as against a surplus of 13.807.240 last year. , The figures for receipts, disbursements and surplus exclude Panama Canal and public debt transactions. SAN FRANCISCO PkODCCE MARKETS Prices Quoted at the Bar City for Vegeta bles, Fruits, Etc. SAN FRANCISCO. June 118. The follow ing produce prices wars current here today. Fruit Apples, 75c160; Mexican limes, nominal; California lemons. choice. $74j 9.00: common, $46; pineapples, '$1.25 O Cheese New. 14 (IT 15c; Young Ameri cas. 17 c. Hay wheat. $23 25; wheat and oats, I21.50&22; alfalfa. 1214. Butter Fancy creamery, 28 c: seconds. 27 c. Vegetables Cucumbers, 2550c; green peas, lff2c; string beans, l3c; egg plant. 27c. Onions New. red. 606Sc per sack; yel low. 70ttr80c per sack. Potatoes New River whites, 90c$160 Early Rose. 75cg'1.10. Eggs Store, 22c: fancy ranch, 2Stc. Receipts Flour. 3828 quarter sacks; "bar ley. 10.232 centals; potatoes. 3220 sacks hay, 1079 tons. Chicago Livestock Market. CHICAGO. June 28. Cattle Receipts. 2O0; market, steady. Beeves, $7.20 0; Texas steers. 0.!Xj 8.10: Western steers, $7.10 8.20; stockers and feeders, $5.73(Srs.l0; cows and heifers. $3.00y S 50; calves, iO.BO5 9.25. Hogs Receipts, ll.ooO: market, active and steady. Light. $S.55'rS.S0; mixed. S..0'tf S.W; heavy. $S.30rtl s.73; rough, $8.30 S.45 : pigs. kG.75i-fiR..-,0; bulk of sales, $8.654i8.73. sheep Receipts. 12, CK; market, weak. Natlvj. J4.S0Q3.90: Western, $5.1fte5.!0: yearlings. f.VKOfe-tl.TO: lambs, native, f5.60 ft 7.40. Western, f5.807.60; Spring lambs. $5.00 8.50. Metal Markets. NEW YORK. June 28. The metal mar kets were dull and nominal. Lake copper. 14.87 i 15.25c; electrolytic, 14.73 r 13c: cast ing. 14.50 & 14.87 c. all nominal. Iron, unsettled. No. 1 Northern, $1 16.25: No. 2 Northern. $15.50&18; No. 1 Southern. $1515.30; No. 1 Southern, soft. $15& 15.50. Naval Stores. SAVANNAH, Ga June 28. Turpentine, firm, 86c; sales, 628; receipts, 1138; ship ments. 20; stocks. 25, 850. Rosin, firm; sales, 458: receipts. 2227; shipments, 678; stocks. 124,853. Quote: A. B. $3.60;' C, D. $3.9; E. F, G, H. $4.00: I. $4.15; K, $4.55: M. $5.15; N, $5.85; WG. $0.25; WW. $8.30. Pujret Sound Wheat Market. SEATTLE. June 28. Wheat Bluestem. 02c; fortyfold, 90c; club. 80c; fife. 90c; red Russian, 80c. Yesterday's car receipts Wheat, 8; oats. 2; hay, 10. TACOMA. June 28. Wheat Bluestem. 97 OSc: fortyfold. &4e: club, 93c: red fife, 92c Yesterday's car receipts Wheat, 13; bar ley, 1; corn, 1; oats, 5; hay, 7. Duluth Linseed Market. DULUTH. June 28. Close Linseed $1.84: July, $1.33 bid; September, $1.35 bid; October. $1.35 bid. Chicago Dairy Produce. CHICAGO, June 28. " Butter Weak Creameries. 23 24c to 26c. EggB Unchanged. Receipts. 1447 cases. TRAVELERS' GUlDa, COOS BAY LINE STEAMSHIP "BREAKWATER" sails from Albers Dock, No. 3, Portland at 8 A. A. June 4, . 14. 19, 24. 28. July 4, 9, 14, 19, 24 29, thereafter every five days, 8 A. ti. Freight received daily until S P. M except day previous to sailing, previous day 4 P. M. Passenger fares: First-class, $10; second-class. $7. Including berth and meals. Ticket office at Albers Dock No. ft. PORTLAND A COO8 BAY 8. 8. LINE, L. H.KEAXINU. Agent. . Phone Main 5803, 203 Oregonian REACTION IN -WHEAT Unloading of Old Grain Carries Prices Down. NEW OFFERINGS LARGER Last Prices at Chicago Arc Kasjr, AVith Declines Kxtendinr to Three-Eighths--Corn and Oats Also AVeak. CHICAGO. June 2S. Large market ings of old wheat and some increase In the offers of new acted today as a drag on pricea. The close was easy. dtKc to SSse lower. Corn finished h u c to ',4c down, oats off to Hftt'sc and provisions ranging from 7c decline to an advance of 2 V2 55 5c. Primary receipts of wheat today amounted to 562,000 bushels against 279,000 bushels 12 months ago. and for the crop year now practically closed were 379.860,000 bushels compared with 233.513,000 bushels. I'osting of the figures showing this huge enlargement of more than 146,000,000 bushels had a depressing effect on bulls. further more, seaboard clearances were light, the total of wheat and flour equalling only 279.000 bushels. Realizing saleB by longs and a gen eral desire to curtail risks over Sunday formed the main influence thut over came bullish s'ntiment about corn. Receipts nearly three times as large as a year ago counted as a weakening factor ln the oats market. Signs that cash demand was slack pushed some of the supports away from provisions. There were uncomfortably heavy deliveries of July ribs. The leading futures ranged as follows: WHEAT. Open. Hiprh. Low. Clone. July $ .S0 $ .90Ti $ .90 $ .9ci 14 July 00 .mi .110 Sept 11 .VI i .!i)U Dec 04 .'J4 .113 .1)3 CORN'. July 02 .02 .fil .! Sept ...... .03 .t3 .63 Dec 00 .110 -0U .0 OATS. July Sept Dec. .. .42 .42 .41 .41 .. .43 .43 .42 .4-' .. .44 .44-S .44 .44 MESS PORK. July 20 45 20.05 20.45 2 5" Sept 20.52 20.55 '-'0.50 20.52 LARD. July 11.05 11.07 11.05 11.07 Ki-pt 11.25 11.27 11.22 11.27 Oct 11.30 11.35 11.30 11.32 SHORT RIB3. July 11.62 11.65 11.62 11.65 Sept 11.70 11.72 11.1,7 11.72 Oct 11.50 11.05 11.50 11.55 Cash prices were: Corn No. 2. 6262ic: No. 2 white. 624 fffti3c: No. a yellow. ti25i3c; No. 3. 62iit2c; No. 8 white. 824U'i3c; No. 3 yellow, 2iji (l.;c; No. 4. 60 -t;ic; No. 4 white, 61Sulic; No. 4 yellow. 01&61U.C. Rye. No. 2. 01ig61c. Barley, 50 fa 05e. Timothy, $3.75 8 4.75. Clover, nominal. Kuropean Grain Markets. LONDON. June 28. Cargoes on passage. Steady. English country markets Quiet. French country markets Quiet. LIVERPOOL, Jung 2S. Wheat Spot, steady; futures, dull. July. 7s 5d; Octo ber, 7s 3d; December, 7s 4d. Minneapolis Grain Market. MINNEAPOLIS. June 28. Close Wheat July. UO4j0044c: September. H2tr4c. Cash No. 1 hard, U3c; No. 1 Northern. t-SP'03c; No. 2 Northern. 9((iyic; No. 2 hard Montana, 89&00c; No. 3 wheat. SSefb0c. Flax $1,384, to $1.33. Barley Unchanged. San Francisco Grain Market. SAN FRANCISCO, June 2S. Spot quota tions Walla Walla, $ 1 .57 1 'a 1.6" : red Rus sian. $157 41.00; Turkey red, J1.70S 172; bluestem. $1.70 ( 1.72 ; feed barley, $1.32 Cg: 1.35; brewing, nominal; white oats, $1 55'a 1.57 : bran, $27. On r'i 27. BO : middlings, $32.002.n0; shorts, $28.00.h. 2S.50; July barley. $1.31 bid. Cal board sales: Barley, easy December. $1.3.-. ; May. $1.3S bid; July. $1.31 bid. OVERBECK & COOKE CO. Brokers, stocks. Honda. Cotton. Grata. Etc 21B-217 BOARD OP TRADE RIDG. MEMBERS CHICAGO BOARD OK Tit AUK. Correspssstsli of Logan Jt -Bryan, Cnicano aad New York. MEMBERS New York Stock Exchange, Chicago Stock lCxchangr, Boatoa Stock Exchange, Ckleasro Board of Tride, New York Cotton Eirhtnse, Now Orleans Cotton Exckioci, Now Vork C'offea KxcBaage. New Vorlt Produce Exckan-. Liverpool Cotton Aao'n. J.C.WILSON & CO. STOCKS. BONDS. GRAIN" AND COTTON. MEM HERS NEW YORK STOCK EXCHANGE. NKW YORK COTTON EXCHANGE. CHICAGO BOARD OF IKADE THE STOCK AND BOND EXCHANGE. SAX I'KANCISCO. PORTLAND OFFICE: Lewis Building:, 2G9 Oak Street, rhones Marshall 4120. A 4.1S7.