IS THE SUNDAY OREGONIAtf. PORTLAND, AUGUST 2, 1914. MERCHANT MARINE FAVORED BY MANY Opposition to Effort to Bring Foreign Vessels Under American Flag Limited. PUBLIC WELFARE THEORY Numerous Arguments Cited In Sup port of Bill to Come Before Con gress Tomorrow by Agree ment of Party Leaders. President Wilson's effort to bring foreign vessels under the American flag: evidently comes at a psychological period, for, with the exception of American steamship corporations and Individual vessel owners, there appears to be a general sentiment that the move is Justified under the existing conditions. Ope shipper went so far in discussing the prospect of Increasing the Ameri can merchant marine yesterday that he said it was not a matter that should be judged from the standpoint of an Indi vidual or the steamship interests, but by the general benefit to be derived by producers, manufacturers and the country at large. "To bring foreign ships under our flag impresses me as being the only wav out of the existing dilemma, said J. W. Ganong, vice-president of the Portland Flouring Mill Company. "In fact it may be a necessity before the European crisis is ended. In my opinion, the only hope, if the European nations are to fight each other, is to permit foreign ships to be purchased and brought under our flag so they can deliver foodstuffs to neutral ports across the Pacific without great war risks of excessive freights. The ships must be purchased by Americans, otherwise we would be a party to the conflict. "I think that if certain objectionable features in the navigation laws are amended and we are allowed to buy foreign bottoms, the upbuilding of the merchant marine of the United States will be lasting. As things now stand with Germany having declared war against Russia, and the assumption that England and perhaps France will be drawn In, the movement of com modities from this country is virtually at a standstill, with no avenue of re lief. Today we cannot get quotations on war risks, and have been asked by our representatives abroad to ascertain if risks can be obtained here, which also seems impossible." Fritz Kirchhoff. agent here for the Hamburg-American and the China Im port & Export Lumber Company, as well as German consular agent, said: "I would say it would be an excellent move for the United States to arrange for the registration of foreign carriers under the American flag. We don't know how long this war will last. There will be numerous foreign vessels held at American ports, because condi tions may be euch it would be unwise to start them abroad. They might lie idle for some time, and American cap ital would be in a position to purchase them cheaply. "It would be especially advantageous to the Northwest, for, in assembling foreign bottoms of the class at low prices. It would more than offset the Panama Canal tolls in the matter of trade development between the two coasts. Unquestionably such tonnage could be procured much more cheaply than if built in the United States, and the initial cost would be close to half the financial outlay required to build them here." The American-Hawaiian and W. R. Grace & Co. interests, which have ships In the trade from New York to Pacific Coast ports, are dtcidedly against the plan. American-built vessels cannot com pete with foreign bottoms today, owing to the latter having had the advantage of cheaper construction, fewer laws to obey in the matter of equipment and crews that are carried for materially less wagss than are paid Americans, say steamship men. The American owners of vessels built abroad have not availed themselves of authority extended to place such ves sels under an American registry, pro vided they are operated in the foreign trade, for, it is argued, a foreign reg istry is an economical asset. Builders oppose the wholesale welcome of for eign bottoms un the ground that It de prives American yards of work. A bill to pave the way for foreign bottoms to fly the Stars and Stripes comes before Congress tomorrow, after having been agreed on by President Wilson and leaders of both houses, and dispatches say it will be pressed for passage. MORE TARIFFS ARE CUT GRACE CO. GIVE NOTICES OF RE DUCTIONS, TOO. American-Hawaiian Steamship Col pany's Low Rates From Atlantic to Pacific Mean War. On the heels of announcements by the American - Hawaiian Steamship Company of reduction in rates between the Atlantic and Pacific Coasts, W. R. Grace & Company have given notice of similar tariff reductions, and shippers look for a strenuous competition be tween the two fleets with the opening of the Panama Canal this month. The American-Hawaiian's latest is that in all probability a regular pas senger service will be maintained via the Isthmus route, beginning with the sailing of the Honolulan from San Francisco August J3. The Isthmian also has passenger accommodations, ami it is understood here that the new fleet of eight ships started last year and completed recently, are so constructed that passenger equipment readily can. be placed on them. C. D. Kennedy, Portland agent, hus been informed that the matter of establishing a passenger service after the Honolulu gets away Is being seriously considered. Grace & Company have sent word to George McDowell, agent here, that in addition to lower rates recently quoted the charge on galvanUed iron, steel and Iron plates, corrugated and plain material is 30 cents and the same ap plies to wrought iron pipe. The latter also is quoted by the American-Hawaiian and a full new tariff is looked for by mail early this week. In the past the water lines obtained virtually none of the wrought iron business, as It has been handled on a combination of lake and rail transportation at S0V4 cents. As yet the Luckenbach fleet has not launched a campaign for Portland patronage as strong as the others, though the three lines are to be fac tors in the canal trade so far as this port is concerned. The Boston-Pacific fleet will be another, but it has been ' the understanding that line will be a seeker for return cargoes of lumber more than general freight. The larger steam schooners to be sent to the East Coast with lumber are expected to be loaded for the Westward voyage with 1 heavy hardware, structural steel and kindred cargo that the larger lines might not make such strong efforts to obtain so long as miscellaneous com modities at higher rates are moving. CHINOOK DOBS GOOD WORK Dredge Removes Nearly 150,000 Tons of Material In Week. ASTORIA, Or., Aug. 1. (Special.) The bar dredge Chinook came to the upper harbor today, after an excellent week's work on the sboal at the mouth of the river. She pumped and carried out to sea each day during the' week 19.JB0 yards, or approximately 30.000 tons of sand, making a total of nearly 100,006 yards, or 150,000 tons, of material which she has removed since last Monday morn ing. This is not counting the amount which she stirred up to be carried out by the current. 6 2 VESSELS CARRY LUMBER Shipments From Columbia in July Are 51,658,1204 Feet. ASTROIA, Or.. Aug. 1 (Special.) PROGRESS ON WORK OF JtlfliiLtei!iJfi!iiui.!j(fl fewA :-, ' ..V TRESTLE EXTENDS INTO OCEAN AND ROCK FILLING TO EDGE OF WAVES. During July, 34 vessels loaded at the ills in the lower district ana tneir combined cargoes amounted to 22,895,- 000 feet of lumber. Of those vessels 31, carrying 19,359.000 feet of lumber, went to domestic points, while three vessels, having on board 3,536,000 feet of lumber, are en route to foreign ports. During the month 28 vessels loaded 28,793,204 feet of lumber at up-river mills, making a total of 51,658,204 feet of lumber that was shipped in cargoes from the Columbia River last month. TRADE CONDITION CHANGE DUE Pacific-Atlantic Seaboard Prices on Various Commodities Given. SAN FRANCISCO. Aug. 1. (Special.) The action of the steamship lines is expected not only to bring about a revolution in trade conditions between the Pacific and Atlantic seaboards, but eventually to lead to an establishment of Pacific Coast ports in their destined places among the chief distributing centers of the world. Some of the changes show that a gen eral slashing of figures is in progress. In a number of cases the rates are lower than the rates from Chicago to New York, a distance of 900 miles.- As an example of these reductions, the following figures are quoted to show the ocean rates from San Fran cisco to New York, Boston, Philadelphia and Charleston, in cents per 100 pounds: Old Commodity. wati New Old water- rail rates. Sav. rates. Sav. 80 18 85 53 40 10 1.10 70 35 5 85 30 30 20 73 45 Canned goods. ...45 Dried fruit 50 Beans 40 Wine 50 Similar reductions in westbound rates will take effect immediately between New York and this city. It will be possible to ship commodities at these reduced figures: Nails, 30 cents per standard keg (24, 000 pounds minimum). Barb wire. 30 cents per 100 pounds (24,000 pounds minimum). Galvanized sheet iron, plain and cor rugated, 30 cents per 100 pounds (36,000 pounds minimum). Canned goods, 50 cents per 100 pounds (carload lots). The far-reaching effects of these re ductions will be felt throughout all Eastern cities, where it will now be possible to order and receive Pacific Coast products at a fair cost of ship ment. POWER HEARING CALLED Twin Falls, Idaho, Scene of Three Cornered Fight. TWIN FALLS, Idaho, Aug. 1. (Spe cial.) The hearing on the power situa tion, which opened yesterday before the Public Utilities Commission, continued all day Thursday. It will be concluded iu Boise. A three-cornered fight is waged for the control of the Southern Idaho power territory, or entrance into it by two other companies in competition with the Great Shoshone & Twin Falls Water Power Company, the original power company in the Held. P. N. Heinn, consulting engineer for the Idaho Power & Light Company, was the prin cipal witness, and a number of resi dents of Twin Falls and vicinity were called. GIRL ASSISTS, IS DROWNED Flora Newman, 16, Loses Life in Creek at Corvalli. CORVALXJS. Or., Aug. 1. (Special.) Flora Newman, aged 16 years, was drowned last night in Hogue Creek, about four miles south of Corvallis. Miss Newman, her sister, Mrs. Chester Mason and a number of other women were bathing in the creek, a stream that separates Kiger and Stahlbush islands, in the Willamette River. Mrs. Mason got beyond her depth and the Newman girl started to help her sister, but got into swift water, went down in a big eddy and was seen no more. Mrs. Mason found a foot ing and saved herself. The body of the drowned girl has not been found. Grain Near Dufur Saved From Fire. DUFUR, Or., Aug. 1. (Special.) A fire which burned over 200 acres of grain stubble on the ranch of Al Limmeroth, a few miles east of here, Thursday, was stopped before it did any great damage. The blaze for a time endangered grain in the entire section. The fire gained great head way, but by hard work It was con trolled Just in time. SIUSLAW IS DEEPER Hope Expressed That Improve ments Can Be Continued. 2 JETTIES HELP CHANNEL Within Five Years 'Depth at Mean Low Water Has Been Increased From Seven Feet to 10 Feet and Bigger Cargoes Carried. TUT AO TXT- TJ - A i , ir 1 f Q il ' i 1 1 1 Funds now available for the work on the Sluslaw Maroor improvement: win be exhausted this Fall, but It Is hoped that another appropriation may be pro vided so that the work can be contin ued. This project was commenced by the SIUSLAW JETTY SHOWN Government 22 years ago and a JettJ constructed on the north side of the river, the work being abandoned ten years later. In 1907 the Port of Siuslaw was or ganized and funds obtained with which the work was taken up again. Under the direction of Junior Engineer Car roll a Jetty was constructed on the south side of the river. Work on the north side was taken up then and a new tramway built behind the old one, and the Jetty on that side now extends about 1200 feet beyond the end of the south Jetty. Junior Engineer Leefe Is in charge of the work. The survey of five years ago showed a channel less than 200 feet wide -with a depth of seven feet at mean lower low water, while the survey made by the Government this Summer shews a channel 500 feet wide on the bar, having a depth' of not less than ten feet at any point at mean lower low tide, which means about 16 feet at high tide. Owing to this improvement in the condition of the bar, the barge Law rence on recent trips has carried a cargo of 650,000 feet of lumber for the San Francisco market. FERNLEY HERE FOR CEREAL British Tramp Will Be Dispatched Unless Great Britain Figrhts. Hailing from Hongkong, the British steamer Fernley arrived in the river at 8 o'clock yesterday to load grain for the United Kingaom under charter to Kerr, Gifford & Co. The vessel left the other side July 4. So far as is known, her cargo will be loaded at once and the ship started for England, but should Great Britain become involved in war as many an ticipate, owing to Germany's declara tion of war against Russia yesterday, the Fernley would no doubt he held in port, as will other foreign tramps com ing tor grain cargoes. The Japanese steamer Kenkon Maru is another freighter looked for daily, as her voyage already has been longer than usual from Karatsu. she having sailed July 11. The trip requires about 19 days for one of her speed. The ves sel is in ballast and loads here for Shanghai under engagement to the China Import & Export Lumber Com pany. The Japanese steamer Shinkai Maru, now discharging oak at the Em erson Hardwood Company's dock, is to finish Wednesday and move immedi ately to lnman-Poulsen's to work lum ber for Shanghai. The British steamer Strathendrick came into the river at 9' o'clock yester day from Eureka and she completes her Australian cargo at Tongue Point, Knappton and Wauna. RIVER HOGS TO BE CURBED Officials to Act in Oase of Foolhardy Stunts With Launches. Narrow escapes from serioug 'acci dents through tne frivolous navigation of launches In the harbor, which in one case resulted in a Woman occupant of a rowboat being Injured, in another a boat was nearly swamped, and a score of close calls have been reported, has prompted municipal authorities to take up the matter of passing an ordinance to cover such carelessness. Information has been collected bear ing on individual cases and the United States authorities consulted, so with the Federal officers acting In conjunc tion with the Harbor Patrol and more sedate motorboat owners, it is intended to make pleasure boating on the river safe and sane. Some launch operators, it is charged, try to ascertain how close they can run to a rowboat or canoe under full speed without actual ly colliding, a diversion that usually is attemded with no danger to them, but placesthe boats without power is alarming positions. LAUNCH STRUCK IN FAIRWAY Master of Bear Says Fishing Launch Showed No Light. Navigating or drifting in the fairway between buoys No. 12 and 14., without showing a light, are conditions credited for the death in the lower harbor Fri day morning of Peter Peterson, a fishermen, who was In a boat with two companions that was struck by the steamer Bear, bound here from Cali fornia ports. In an official report filed yesterday with United States Inspectors Edwards and Fuller, Captain Nopander, of the Bear, sets forth that he sought an early arrival at Astoria because Mrs. M. Cook, a passenger, had slipped on deck the night of July 29, and sprained i , : : ? rrniilMTllft B 1 : her shoulder, so he had sent a wireless message for Dr. Pilkington to meet the ship at Astoria and attend the woman. Coming up the bay he said a sailor, G. Raffler, was acting as look out and he later said he called to officers on the bridge that they had struck a floating object, but the alarm was not heard nor any cries from the boat, so the ship did not stop. News From Oregon Ports. COOS BAY, Or., Aug. 1. (Special.) The Nann Smith sailed today with lumber and passengers for San Diego. The steamer Paralso will sail from North Bend tomorrow afternoon. The Adeline Smith sailed today from Marshfield, carrying 1,500,000 feet of lumber. The dTedge P. S. Michie made what Is regarded as a fine record yesterday when she removed 7418 yards of sand from the Coos Bay bar. The C A. Smith Lumber & Manu facturing Company has decided to reg ister its vessels on Coos Bay and will either use the registration as Marsh field or Coos Bay. Heretofore the vessels Redondo, Nann Smith and Ad eline Smith were registered in St. Paul. ASTORIA, Or., Aug. 1. (Special.) The schooner Eric sailed today for New Plymouth, New Zealand, with a cargo of lumber from Westport. The steamer Sue H. Elmore arrived this morning, with 1200 cases of cheese, which was discharged here for reship ment to San Francisco. She also brought 300 cases of cheese for Port land. The British steamer Strathendrick arrived this morning from Eureka and will load lumber at Wauna, the Ham mond mill and Westport. Tomorrow morning the Government dredge Wahkiakum, which has been dredging near Fort Canby, will be towed to Megler by the steamer Men dell. The Ocklahama is to tow the craft to Portland. The steamer Johan Poulsen, with lumber for San Francisco, and the steamer General Hubbard, with lumber for San Pedro, went to sea during last night. The steam schooner Jim Butler, with a part cargo of lumber from Knappton, sailed today for Grays Harbor to finish loading. The British steamer Fernley arrived this morning from Hongkong and pro ceded to Portland, where she will load grain for Europe. The steamer Breakwater sailed this afternoon for Coos Bay with freight and passengers. The steamer Lewis Luckenbach will arrive tomorrow morning from Grays Harbor to load 25.000 cases of salmon here for New York. The schooner W. F. Jewett should arrive about Monday from Honolulu to load lumber at St. "Helens. The schooner Lottie Bennett will be due the latter part of next week from Valparaiso to load lumber. The schooner Virginia should arrive about the same time from the Wes, Coast and will remain here to await orders. MONEY FIRST AFFECTED FINANCIAL MARKETS QVIfKLV RE SPOND TO AVAR DEVELOPMENTS. Closing: of Stock Exchange Is Protec tion Against Deluge of Liquida tion From Old World. NEW YORK, -Aug. 1. On the finan- cial markets of the world was focused the full effect of the week's rapid spread of the war cloud. While dip lomats discussed and generals planned, the money markets acted, Symptoms of the markets were so paroxysmal as to paint a vision of the breaking down of European civilization itself. "The warning there contained pointed to a catastrophe so grave as to carry the strongest incentive within itself to avert it. Credits, international exchange and commerce were disorganized. The peril was shown in the loss of the primitive Instinct to hold gold, which induced the raid on bank reserves at the great money centers. ThlB raid nullified all other consid erations. No parallel exists for the Jump from 4 to 8 per cent made by the Bank of England discount rate on Friday, thus marking the exigency of the crisis. The closing of the New York stock and other exchanges was a like measure of protection against the deluge of liquidation from old world money markets in their desperate scramble for cash. The flight of wheat prices measured the return to America producers, Com puted from the year's enormous yield and the world's urgent necessity. Owing to the close of the stock ex change and the lateness in the week of the announcement, the Interstate Com merce Commission's rate decision made little impression in the financial dis trict. Other considerations lately prom inent, such as trust legislation, trade prospects and crop conditions, passed completely out of notice. CASH LOSS IS FIFTY-SIX MILLIONS New York Banks' Surplus Reserve la Wiped Out During Week. NEW YORK, Aug. 1. The statement of the actual condition of the clearing house banks and trust companies for the week shows that the cash reserve In excess of legal requirements de creased 143,599,500, leaving a deficit of $17,425,750. The statement follows: Decrease. Loans 82.05S.755.000 $ 1,182,000 Specie 33a.88Jt.000 3,ut,...uuu Legal tenders... 7S,!I1,oih Net deposits 1,011.. -.:. ooo . Circulation 41,737,000 1.234,000 48.776.000 8,000 Increase. Banks, cash reeerve in vault. .$1144.31)8,000. Trust companies, .cash reserve In vault, $07, 182,000. Agerepate cash reserve. $411,580. 000; deficit in cash reserve, $17,125,750; decrease, $43,590,300. Trust companies, re serve with clearing house members carrying 25 per cent cash reserve, $56,547,000. Summary of state banks and trust companies in Greater New York not included in clearing-house statement: Decrease. Loan and Invest ments . .$570,812,400 Gold 43,532.100 Currency and bank notes 9,T51,700 $2,M9.t00 785,000 .000 Total deposits ...$640,819,900 $5,316,000 Increase. SAN FRANCISCO PBODUCit MARKET Prices Quoted at the Bay CRy on Fruits, Vegetables, Etc. SAN FRANCISCO. Aug. 1. Fruit Pine apples, $1.503; Mexican limes, $406: Cal ifornia lemons. $2.7305.50; apples. Graven stein, 65ciy$1.13. Vegetable Cucumbers, 2035c; string beans. lVj2V4c; peas, 304c. Eggs Fancy ranch, 80c; store, 25 Vic. Onions Yellow, 8090c. Cheese Young America, 14016c; new. 11 014Vic Butter Fancy creamery. 2oc; seconds, 23c. Potatoes Delta, new crop Burbanks. per 1 -1, 7t,Bt1- hnypi !1(3'1.25: sweets. 3 03 Vic pound. D.,.ini, Flour 24H0 Quarters; Daney, 4572 centals: potatoes. 7820 eacks; May. 680 tons. San Francisco Grain Market. SAX FRANCISCO, Aug. 1. Spot quota tions; Walla Walla. 1.8O01.52V4 : red Rus sian. l..i6vl.3B?i; Turkey red, ILHV I. 56VI; bluestem. $1.37 Vi 01.00; feed barley. 97Vr- white oats. $1.251.27Vi ; bran, $23; middlings. ::0)31 ; shorts, $?7 27.50. Call board Barley December. 90c; May. II. 04. ' Guropean Grain Markets. LONDON, Aug. 1. Cargoes on passage strong but dull. English country markets strong. LIVERPOOL. Aug.l-Spot. unsettled No. I Manitoba. 86d; No. 2, 7s 4d; No. 3, 8s lVid. Futures, nervous; October, is llid, December, 8s Ivid. NO WHEAT TRADING Export Business Continues at Standstill. PRICES WHOLLY NOMINAL Farmers Are Not Alarmed by Sns- pension of Buying, as They Be lieve Last Prices Will Hold When Market Opens. Business In the wheat market con tlnues at a standstill, except for a few limited operations for account of Coast mills. Exporters are doing nothing at all in the wav of buvinir erraln. In view of the paralysis of international com merce. No efforts will be made to se cure further supplies in the country until an outlet Is assured, and this. In the light of the day's sensational de velopments in Europe, is a most un certain question. In the meantime prices are quoted unchanged, but nominal. Holders ex press no alarm, believing that when commerce with Europe is resumed the prices paid Just before the interrup tion to trade will again prevail. No one In the grain buying business is willing to hazard a guess as to wheth er or not this will be the case. Business in other cereal lines con tinues quiet. Spot prices have not been affected by the war. but the under tone of the market for barley futures Is easier. Local receipts, in cars, were report ed by the Merchants Exchange as fol lows: Wheat. Barley. Flour. Oats. Hay. Monday 50 2 17 Tuesday.. 18 2 4 Wednesday 12 1 2 Thursday 28 :t Friday 31 1 5 Saturday 22 2 4 1 0 24 88 60- Year aco o Total this week. 159 11 39 Year ago 34 28 S Season to date.. 454 IM 173 Year ago 207 154 204 2 :.:i 123 ISO AH IK I ITS ARE IN STRONG DEMAND Best Yellow Peaches of Season Arrive From California. Fruit business was carried on on a large scale throughout the day, and there was a good clean-up, particular ly of soft fruit. f The best California Crawfords of the season were received during the day and sold firm at 85 76 cents. Oregon peaches were plentiful and sold at the" usual range. The demand for watermelons and cantaloupes was brisk at the reasonable prices now ruling. A heavy carlot shipping business in melons Is now un der way and dealers in many interior towns that never before had a full car of melons at one time are now buying in this manner. Casabas are now fully matured at Turlock and Dinuba and receipts, are increasing. Straight cars of casabas and Turkish melons will be brought in this week. In discussing the qual ities of the latter fruit, T. Pearson said: "The only difference between an Ice- cold Turkish melon, eaten Just at the right time and a first-class sherbet is that the sherbet Is apt to be a Httle lumpy at times, but the melon is smooth as silk and sweet as honey. The rea son that casabas and Turkish melons are not more popular is because the consumer, as a rule, is In too big a hurry to cut them. There is a certain stage when they are Just ready to eat. and they can go beyond this stage for a few days without the quality being much impaired, but if cut too soon they are no better than a squash." OREGON HOP CROP ESTIMATES CUT Drr Weather Is Shortening the Yield in Tills State. . Hop dealers have reduced their es timates of the Oregon crop In a mate rial degree. Instead of expecting'a yield of 150.000 bales or more, they think the state will do well if it turns out 125,000 or 130,000 bales. Some of them estimate the crop still lower. It Is the long spell of dry weather that Is shortening the yield. No business Is being attempted In the market. The war has stopped all export operations in spot hops, and the future of the new crop market is too uncertain to encourage either buying or selling. The opinion Is growing that the war may eventually have a favor able rather than adverse effect on prices. LOCAL POULTRY PRICES ARE SHADED Demand Is Lighter and Supplies Are More Than Sufficient. The poultry market closed weak with prices lower all around, and some stock carried - over. Hens sold at 1314c and Springs sold as cheap as 13 cents, as It was .difficult to dispose of small ones. Ducks, geese and turkeys were not wanted. Dressed meats were very firm. The best ,veal brought 11 cents and good hogs were worth 12 cents. The egg market was Inclined to be slow. Prices were not changed'. Butter supplies are steadily decreas ing. City creamery prints are still going at former prices, but buyers are willing to pay more for cubes. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland" $1,338,092 $70,543 Seattle. l,768.4rMt 180,001 Taiomar zoi.wo na.o.w Spokane avj.ittH yo,oiu Tntal .l.,rtnsrs or Portland, Seattle and Taeoma. tor th; past week and correspond ing weeit in tornier ycaif weic. Portland. Seattle. $ .S.511MB3 $11,580,234 Tacomn. $1, 727. 061 2.235,49.-, 4.100,838 3.935,292 5.610,789 5.306,454 3.S87.946 4.803.739 3.603,256 2,989,318 1.009,299 1,804,448 1,534, 8S3 99S.7US 1014. . .'. . 1013 .t,684 9.670,740 12.031.5S1 1019 10.04 1.27t 0.775.042 10,130.017 11.336.527 8,505.806 8.688.384 9.0U5.S13 5.196,408 3.504.600 3.837.716 8.365.986 3,311.212 10.043,638 0,441.813 7.869,706 6,633,575 6.860.437 5,215.982 4,110,048 3,204.438 2,838,782 2.352,251 2,002,489 1910 1 UOH 1 908 1007. . . : . moa 100.- 1904 ioo:i 1902 1901 PORTLAND MARKET QUOTATIONS WHEAT Track prices: Club, 88c; forty fold, 8c; bluestem. 88c; red Russian, 88c; Turkey red. S6c; valley, 86c. MILLFEED Bran. $21021.50 per ton; ihorts, $28 0 20.80; middlings, 131. OATS No. 1 whit milling. $11.50 per ton. FLOUR Patents. $4.10 per barrel export. $1.5001.65: valley, $4.60; graham. $4.80; whole wheat. $5. . BARLEY Feed, $21 per ton; brewing, $22. rolled, $23.10. HAY Old timothy, fl4?17; new-crop time thy. $11015; grain bay, $10; alfalfa, OOltM Whole. $15; cracked. $3t per tea. Fruits and Vegetable. Local Jobbing quotations: TROPICAL FRUITS Orange. $1.7808 per box; lemons. $5.S07 per box; banana, 44Vic per pound; grapefruit, California. (2.7843)3. VEGETABLES Cucumber, 75o per sack: eggplant, 15c per pound; peppers, 7 Be per pound; radishes, 1317Vic per doaen; head lettuce, $1.75 per crate; arti chokes. $1 per dozen; tomatoes, 7075c per crate; cabbage, 1142c per pound; peas. 5 6c per pound; beans, 4 So per pound; corn, $1 per crate. ONIONS Walla Walla. $1.50 per sack. GREEN FRUITS Apples, old. $11.30 box- new, 75c$2.00 per box; apricots, $1& 118 per box; cantaloupes, 75c $1.30 per cmte: peaches. 40 78c per boa; plums. Mc C$1: watermelons, 90c per hundred pounas. casabas. $2.80 per doaen ; pears, flV1.73 per box: blackberries. 75oJ$l per crate; grapes. $1.75 per crate. .., POTATOES Oregon, new. 101 J"r ,D- Dairy no Country Produce. Looal Jobbing quotations' EOQS Fresh Oregon ranch, case count. 23iH!8Vsc; candled, 2326c per dosen. POULTRY Hens, 13 4 V 14c, Springs. 13 18c; turkeys. 20c; dreaaed, choice, Mi ducka, 10 He; geeae. 10c. BUTTER Creamery prints, extras, 28 W 30c per pound; cubes. 24c. CHEESE Oregon triplets. Jobber" buying price, 16c per pound f. o. b. dock Portland; Young America. 15 14 c per pound. PORK Block, ll"Allc per pound. VEAL Fancy. 14 ft' 14 Ho per pound. Staple Groceries. LjcjI Jobbing quotations: SALMON Columbia River oae-pouad talis, $2.25 per doaen; half-pound flats, $1.40: one-pound flats, $1.45; Alaska pink, one-pound tail. 85o; sllvsrsidsa, one-pound tails. 41.26. HONEY Choice. 13.50 91.75 per oas. NUTS Walnuts. 14020c per pound; Brazil nuts, 20c; filbert. 14015c; almonds. lJSc; peanuts, I06Vio; oocoanuta. $1 par doaen; chestnuts. 8V01Oc par pound; pe cans, 14015c BEANS Small white, Vsc; large whit, stir. Lima, to; pink. 6.15c, Mesiean. it: bayou, sc. COFFEE Roasted. In drums, 100610 per oouna SUGAR Fruit and berry, 16.05; beet. 14.(5; extra C, $4.56; powdered. In barrels. $5.10. SALT Granulated. $15.60 per ton; half ground, 100a, $10.76 per ton; 60s. 111.50 per ton, dairy, $14 per ton. RICE No 1 Japan, 4 V, 05c, Souther head, 6t4 07Vic; Island. 505Vo. DRIED FRUITS Apples. 1"t.011c Pr pound; aprlcota. 18Vi02Sc, peach, SO He, prune. Italian lO012Vtc. currant, Vtc. raisins, looae Muscat!. 8S07Vc. bleached Thompson, 11; unbleached Sultana, ec, seeded, 8c; dates, Peralan, 707Vtc per pound: faru. $L40 per box. FIGS Packages, 8-0., 80 to box. 11. sj package; 10-07... 12 to box. 80c; white, 28-10. box. $1.76; black. l-Ib.-boz, $1.76; black, 3'j-lb. box, $2.60; hlack. 10-lb. box, $1.16; Cslarab cndy (lga, 20-lb. box. $8: Smyrna, per oox, $1.00. Hop. Wool. Hid, Etc. HOPS 1918 crop. 12014c; 1814 contracts, nominal. PELTS Dry, 12c; dry abort wool, o; drj shearings, 10c; green shearings. 16030c, salted sheep, $1.2601.60; Spring lambs, 8f 083c HIDES Salted hides, llVo par pound, salt kip, 14c; salted calf, 18c, green htdea, i2Vic. dry hides, 26c; dry calf. 28c; sa.iad bulls, 10c par pound; green bulla, IH& WOOL ValUy. l!Vi02Otoe; taaterr. Ore gon, ltf20e. MOHAIR lilt clip, 37Vso per pound. FISH Salmon, 10 Vi 012c; halibut, SVi0 6c ; perc h, 8c. CASCARA BARK Old and new. 4V per pound. GRAIN BAGS In car lots. S08V4C ProTlsWn. HAMS 10 to 18-pound, 19Vi20VsC, 11 to 14-pound. 19Hn20Vic. 14 to 1 a -pound. 19 Vs & -0 Vac; skinned. ls02Oo; picnic lie. BACON Fancy, 28 010c; standard, tilt 016c. DRY SALT CURED Short olur oacks. 13Vi16i4c; exporta, 14016c; plat, lla 13c LARD Tierce basis. Pure, 12013c, com pound, AG. KEROSENE Water white, drums, oar rcla or tank wagon, 10c; special, drum o barrel. liVsc; cases, 1; v20Vsc GASOLINE Bulk, 16c; is Me. 22a; motor spirit, bulk, llVac: cases, llVfeo. En gine distillate, drums, 7Vo. cases, liVkc; naptha. drums, 14Vso: can, llVao. LINSEED Oil Raw, barrols. 72c: boiled. barrels, 74c; raw, cases, 7Vc; boilad. cases, 70c. BEEF DEMAND BETTER PRICKS CLOSI'l IIIGIIKR l NIMTK "OF LARGER RECEIPTS. Hogs Alao Advance and More Could steadily He Hnudled Sheep Are Steady. Trading was quiet at th stockyards, a usual on Saturday, only a few bunches of medium grade hogs being disposed of. Receipts were 72 cattle. 6 calves, 199 hogs and 21' sheep. Shipper were With cattle C Kopiln, kualnview. 1 car. With mixed loads c. Koplln. riainTiew, 1 car cattle, calve and bogs; J.' D. Dins- more, west scio, 1 cr came, hoM: C Kf Lucke. Cauby. 1 car cattle, calves, hogs and abeep; F. B. Decker, Hub bard, 1 car hoga and abeep. The day s sales were as follows: Wt-Prlcel Wt.Prlce 22 hogs ... 7 8.U0J 31 hogs 166 48.60 81 hegs ... 133 8.91 Scows ... 791 8.5U 2ti hogs ... 171 S.3 1 steer . 1. 880 6.00 7 bogs ... 178 8.2S The official weekly market report of the Portland Union Stock Yards Company fol lows: Receipts for the week have been: cattle. 1813; calves. 1)3: boas. 2805; sheep, 5083. 'Cattle liquidation has been Heavier man t week, with the outlet so good beet prices gained a quarter. Top steer sales the first half of the week averaged $7.80, cows $6.35, bulls $3. Seventy-four head of exceptionally fine steers sold Friday 'at c Improved demand and better trend to the market. Swine receipts assumed fairly largo pro portions Monday with tho trade reacning $8.93 for beat light stock. Tuesday and Wedneaday $9, and closing at $9.05 Friday. This market can readily handle a few thousand more hogs than the present re ceipts. V Choice mutton alii lamD stock sreauy t unchanged prices. The bulk of stuff, ar riving for the week, has been of Inferior quality. Receipts were In excess of 50410. Prime wethers, $4.50 to $4.73; prime ewe. $3.85 to $4; medium ewes, $3.28 to $3.75; Spring lambs, $5,50 to $6. The follow nig sgses are representative 01 the week's trade: Wt.Prlcel .1261 $8.00, 68 cows .1073 7.65 19 cows . 1092 7.60 52 cows .1192 7 ..0 27 cows . 222 11.05 1 bull . 167 K.OOi 7 helferi Wt.Prlc .1192 $8.35 .1191 6.23 .1161 6.13 . 1073 6.0 .1621 5.00 50 steers 21 steers 13 steers 168 steers 274 hogs 88 hogs 989 hogs 642 hogs 803 lambs 91 lambs . 927 6 .1421 6 194 8.9o 1 2 172 85 1 calf . ... . 251 8.25 . M 475 6.00:230 net hers . .1 63 prices IMUSI ew 92 4.03 Current or of the various classes of tfu-k at the yards follow: Prime steers $7.2., 8 .00 Choice steers 6.75 7.00 Medium steers 6.25 6.30 Choice cows 6.00W 6.38 Medium Cows 5.50 5.75 Heifers 6.Kj6.rrf) Calves 0-00 8.28 Bulls 3.00 8.00 Stags 4.80 6.00 Hogs Light 8.0O 9.03 Heavy 7.00 8.03 Sheep Wethers 4.00 4.TS Jwes 3.50O 4.00 Yearlings 4.00 5.00 Lambs - 5.30u 0.80 Omaha I.ivetxk Market. SOUTH OMAHA. Neb., Aug. L iHogs Receipt. 5500; market, lower. Heavy. 18. .10 8.53; light. 18.2018 3.-.; pigs, $7.5O8.10; bulk of sales. - - : v35. Cattle Reielpts. loo: market, steady. Na tive steers. $7.309.73; native cows and It'lfers, $68: Western steers, $8.50 tt 8.75 ; Texas steers. 16W7.50; Texas cows and heif ers. 1S.737.83: calve. t7.5010.80. Sheep Receipts. 1U0; market, strong. Yearlings, $5 40 tt1 5.9V; wethers, $5.255.u3. iamb. $7.2341 8.25. Chicago Livestock Market. CHICAGO. Aug. L Hogs Receipts, 7000; choice light. 8 to 10 cents higher; others 3 to 10 cents lower. Bulk of sales, $8.40 8.75; light. 18.6O9.05; mixed. $8.23tr8.90; heavy. $8.208.S0; rough. $S.154S.30; pigs, 7.256v8.75. Cattle Receipt. 200; market, steady. Beeves. 17.309ilO: steers. $.408.40; stock, ers and feeders, 5.50S; cows and heifers, $3.758.15; clvs, $7.50 11 .2.". Sheep Receipts, , 2000; market, steady. Sheep, $5.1S5.85; yearlings, $5.0O6;30; lambs, 86 8. 13. Naval Store. SAVANNAH. Aug. L Turpentine, nomi nal 4BVi; no sale Receipts, 593; ship ments, 62; stocks, 27.020. Rosin, nominal. No sales. Receipts. 2417; shipments. 373: stocks. 113,231 Cjuote: A. . o ; .0 ta n H I. 1.1 33: K 14.15: M. 4.'30; N,'$6; Wi G. 16.23; WW, $6.35. Dried Fruit at New York. NEW YORK. Aug. 1 .Evaporated apples, quiet. Prunes, dull, peaches, nominal. Sterling Hute- Nominal. SAN FRANCISCO, Aug. t. -No quotations on money market. Hop- at New York. NEW YORK, Aug. L Hops Quiet, FEW RISKS TAB Chicago Wheat Trades Nol Disposed to Operate. MARKET HOLDING STEADY Transnctlon-. llnld-d, Auallinp; Out come of Movement lo (Jive KYr-plgn-Bullt VSIiipH American ltcg-Istrj- Corn Advance Sharp. CHICAGO, Aug-. 1. Wheat transac tions halted to a great extent today awaiting the outcome of a movement ti give exporta from the United State thi protection of the American flag. Aftet relatively narrow- change the market closed iteady. te net lower for early deliveries and VtJ114e up for the more deferred options. Corn finished at no advance of lHtMttc above last night oats with a rise of KVlHc and pro visions higher by 2V(fl5r. Wheat trading showed the effect ol the market having safely got by th monthly settlement without having been distressed by a series of failures. There wan plenty of evidence of an easier feeling, pit operations gradually increasing and price changes being no longer abnormal. Reports of Italy hav ing decided to stand neutral formed the chief Influence, and for a time there was a somewhat pronounced falling oft In values. Reports that forelgn-bullt shlpi rould be allowed to take American registry and that France, Oerninny, Austria and Italy would remove the Import duties on wheat led to consid erable buying. There was a disposi tion shown to leave a few risks as possible open over Sunday. Weather, not war. chiefly governed the corn market. The bearish character of the Oklahoma state corn report giv ing the crop condition as compared with 82 a year ago, helped to sustain the advance, and ao also did the pros pect of a railroad strike West. Oats ruled quiet. Scarcity of offers caused provisions to become notably firm. Klrst tranaac. tlotis were up 2 V tf 22 and there was an additional rise later. Leading futures closed as follows: WHKAT. Open. High. .1 .V 1 ft Low. $ lVt tt .Si 1 lit. 1 ', Sept Dec. Msy . 11 1 .! CORN. . Ot 71 .S . 1 .) . .41 '4 .i4 lVt OATH. . .i jfH .it . .18 .! .21 .40 .42 .49 MKSS 1'OltK 24.12 IV. 40 20.20 LARD. . t.s; t.3 ' . 1.12 t.17 t.12 SHORT RIBS Sept. Dec. May Sept. Dec. Sept. Oct. .II 1 17 if .42 4 10 tt Sept .11. to 11.12 11. 11 to 11.11 Oct. 11.10 11.27 U IV Pllget Mound M heat Markets. TACOMA. Waah.. Aug. I. -Wheal Big stem. 86c. forlyfold. 84c: club, :lc, red fife, (Zc: red Russian. 81c. Yesterday's cr receipts Wheat. 24. corn. S; oata. 1; hay, 1. SEATTLE. Wash.. Aug. 1. Wheat Sep tember and October delivery quntatlona: Bluestem. S.llic: fortyfold, 81c. club. Sc rife. Sic; red Russian. 80c. Yesterday's car receipts Wheat, 9; hay, 7; flour, 4. 0 MlnneaMll Grain Market. MINNEAPOLIS, Aug. 1. Wheat. Septem ber, 90c: No. 1 hanl 97Vic; No. 1 North ern. 84i408Vtc; No. 2 North, rn. 92 , Hit, Flax, $l.7t1.09 Barley. 4632o. .. u OVERBECK & COOKE CO, ratters. Stock a. Bonds, 1 otto,, Uraln, Bte. :i-tir HOARD OfT THAOI ni.ix, MKMBJUt C-HICAGO HOARD OF T HA DK. t orre.oaa. of l.osaa 4s glryae. thteaga and Neve York. ' MBMDKRS New York. Stack exchange. Chlcagw Keel Kxrkang. Buitea Slock Kirbtast. Chicago Iloara of Trade, New VorU Coltan ICxobansje, New Orleans Cultaa Hxchaaga. Kerr Vofk Caffa Kirhsst, New Yerk Produce tOxrhangr. 1 I vcrpool Cattv Aea'a. J.C.WILSON&CO. klOCKS). BONDS. GRAIN AN O tollOX, MEMBER VEW YORK STOCK ICXCIIANOaj t HICAOO BOABO Of TRADt. NEW (OKH COlTON hXCMANOB llll SIOIK AND BHJNU "- KA N HUM1M9 PORTLAND OFF10B: Lewis Blinding. 869 Oak Streak. Phonot M-xshll 368. A 41S7 BONDS CORPORATION AND MUNICirAU ROBERTSON & EWING 207-M Nartbveeatrrn Hank Hla. TRA LI.LKS .lllg- ALASKA. Special one-way and round-trip rate. Lea Ul ii 1 1 eiia w,w. , - -WEDNESDAY. Al'til T RTH Few Raaervatlone Left. Kranrleo. Portland A trM Angela Mrsmsblu 4 ). FRANK. UOI.LAM. Agent. 134 Third Utreet. A -4. 91. 411 2. STEAMSHIP galls Dlreel for San KraneUco. Lea Angeles and nn Diego. Monday, 2:30 P. M., Augurt 3d. s n hum i- . ron i i m I OS Wl.l I I -Ml VM-IHl- I'll. FKA.Mt HOI l.l. Kcnl. 124 Third at. A , nam . Steamer Georgiana eaves Waahlngton-street Dock at i A. M. Dally. Except Friday, for Astoria and Way Landings Returning, Laves Astoria at 1:4S P. M. Kara $l.uu cacn way. asin im. COOS BAY LINE Steamship Breakwater Sails from Ainswonh dock, Portland, a M. July 7. 1. 17, Z'i. 27. Aug 1. . 11. It, sl-g Freight and ticket offices. Lower Alnswortn dock. Portland 4k Coos Bay S. 8. Line. L. H. Kl A I INC. 4rnt. Phune Mala liOuu, A