10,
THE SUNDAY OREGONIAN, PORTLAND, JULY 11, 1920
GOLF-PACIFIC SHIP
LINE IS ORGANIZED
New Orleans Reports Com
pany Ready for Business.
CARGOES HELD ASSURED
Jfeed for Sncli Line long Keoog
nlzcd. Hero by Traders In.
SoirUi as Well.
KEW ORLEANS. July 10. Organi
sation of a company to operate, a
steamship line -etween this port and
the Pacific coast was announced to
day by the New Orleans Association
of Commerce. The first sailing: will
be In AiiEiift.
This will te the first direct steam
ahlp line between New Orleans and
the west coast. Forts of call wrll be
Los Angeles, Fan Francisco. Seattle
and Portland, with connections ar
ranged for the north coast of South
America and the west coast of Cen
tral America.
KailinKs will be via th Panama
eanal.. Non-perishable freight will be
concentrated here from the Missis
sippi valley for water shipment west,
thus rcliex-inj? rail congestion, accord
ing" to present plans.
The establishment of a, steamship
line to connect the Cult of Mexico
with Portland marks the culmination
of Ions efforts by the Chamber of
Commerce and the Commission of
Public Docks. The need for such a
line has been recognized here for
several years.
About two years afro the foreign
trade department of the Chamber of
Commerce made a, survey of cargo
available here for shipment to the
gulf and found a strong demand there
for fir lumber, flour, paper, potatoes,
canned goods and mining machinery,
all of which are produced here. Sul
phur, gasoline and fuel oil, cotton and
coffee are expected to constitute the
principal Items of the north-'bound
cargoes.
Walter Parker, president of the
New Orleans Association of Com
merce, made a tour of the Pacific
coast last spring inspecting trade
conditions and harbor facilities, and
was in Portland for Reveral days In
the latter part of May. He was
strongly impressed by. the municipal
terminals of this city, and on his re
turn to New Orleans wrote an article
for the bulletin of his association in
which he characterized the Portland
terminals as the finest on the coast
and recommended strongly that Port
land be included in the itinerary of
the proposed steamship line.
Captain G. Amundsen, harbor master
at the port of Galveston, Tex., was a
visitor here during Shrine week, and
was also converted into an enthusiast
for 'the necessity of connecting Gulf
and Pacific porta with a steamship
line.
HEAVY CARGOES CLEARED
SHIPMENTS OX 5 VESSELS VAL
UED AT $3,500,000.
Business for Day Largest Done
Through Custom House
in Portland.
Offshore. cargoes estimated at
$?. 500,000 in value were cleared
through the Portland customs-house
yesterday. Five vessels In all were
cleared, all biff steel steamers. The
steamers Coaxct and West Wind, two
of the five to clear, went down the
river in the. afternoon on their way
to orient and the United Kingdom,
respectively. The Coaxct. operated by
tie Pacific Stei .nshio company, took
a full carso ot lumber and general
frciR-ht value at about $600,000, and
the West Wind took a full cargo of
flour amounting- to '77,024 barrels,
valued at $S0S,752.
In point of value, yesterday's clear
ances probably represent the largest
single day's business done by the
local customs-house. Four of the big
steamers clearing are under the op
eration of a single firm, the Columbia-Pacific
Shipping company.
Others to clear, besides the Coaxet
nd West Wind, were the Bakers
field, with a full cargo of flour for
Alexandria, th3 Harden with a full
cargo of sacked wheat for Panama,
and the West Hesseltine, with a full
lumber cargo for Shanghai," China.
The Bakersbield and Hayden will
ail this morning- and the West Hes
seltine about noon tocay, it was an
nounced yesterday by the Columbia-
Pacific Shipping company.
Almost through loadiruc; are the
Tosemite and Quillwark, also under
the operation of the Columbia-Pacific
company. Th3 Tosemlte is taking
wheat and Hour for the United
Kingdom, and the Quillwark will go
to Liverpool with a cargo of sacked
wheat.
The Quillwark la expected to sail
Monday night and the Tosemlte Tues
day night or Wednesday morning.
Marine Xotcs.
TT. S. Gtruthers of Struthers & Dixon,
operators of shipping board vessels and
managers on the Pacific coast for the
Green Star line, was a visitor in Portland
yesterday.
The steam schooner Haisy Matthews
moved up yesterday from Stella, wash
Port Calendar.
To Arrive at Portland.
Vessel From
Ftr. Waban Orient
Btr. Willamette San Fran...
tifr. Flnasta San Fran...
fctr. City of Topeka. . . San Fran
Ptr. West Keats China
Srr. Kongosan Maru. . Kobe
M. S. Cethana ...Galveston ..
ST. Montague ...Yokohama .
Sir. Eastern Ocean. .. Seattle ....
Str. Pomona San Fran...
Sir. Westward Ho. ... Baltimore .
M. S. Culburra Oalveeton .,
P tr. Hawarden ....... New York.
btr. West Nlvarla. .. . China
Tate.
..July 11
. .July 13
. .July 14
. . July 14
. .July 14
..July 15
. .July 19
..July 19
. .Julv 20
..July 22
. .July 25
. -July 25
. .July 30
. .July 30"
To Depart From Portland.
Vessel For Date.
Str. West Hesseltine. .China July 11
6tr. Bakersfield Europe July 11
Str. Hayden Europe July 11
Str. Yosemtte ........ Europe ..... .July 13
Str. Quillwark ...... . .Europe ......July 13
Str. The Angeles China ...... .July 31
Vessels in Port.
Vessel Berth
W. S. Advance Alb. En. & Mac. Wks.
Str. Bakersfield Portland Flour mills.
6tr. Col. E. L. Drake. Wlllbridge.
Sir. Daisy Matthews. -St. Helens.
Sch. Ecola Poulsen mllL
Ftr. Everett St. Helens.
Str. Hayden Columbia dock.
Str. Johan Poulsen. .. Westport.
Bkt. K. G. Pederson.. Hammond mill.
-Str. Oleum . . . Willbridge.
Bkt. Kath. Mackall American Can dock.
Ftr. Quillwark Alblna.dork.
Str. Rose City Alnsworth dock.
Str. Ryder Hantfy. .. .Westport.
Str. The Angeles Terminal No. 1.
Str. Wapnm ..Sf. Helena.
Str. Wawslona Wlllbrldge.
f tr. West Hesseltine. . Tnman-Poulsen mill,
btr. Yosemite Montgomery dock.
to the Columbia County mill at St. Rolens
to continue loading lumber for California.
The steam schooner Ryder Hanlfy
shifted yesterday from Prescott to West-
port to complete her cargo.
R. W. Bruce, former hrad of the for
eign freight department In the local of-
rices of the Admiral line, was a paasencsr
to the orient on the steamer Coaxet of
this iin, which sailed yesterday afternoon.
Me was recently appointed agent of tne
Pacific Steamship company at Shanghai
and went to Seattle to embark for his new
berth. He found the nassensrer vessels
running out of the Puget sound booked
so far In advance that ho decided to come
back to Portland, and go to Shanghai on
a freighter.
The U. 8. Cruiser Birmingham, due at
the mouth of the Columbia at daylight
tomorrow, will come up to Portland, ac
cording to Information received yesterday
by the Columbia river pilots.
Barge No. 3 of the Standard Oil com
pany left down In ballast at J o'clock
yesterday afternoon. The tank steamer
Col. E. L. Drake of the same company ar
rived In the river yesterday, discharged" a
portion of her oil at Astoria, and started
up for Portland at 4 o'clock in the after
noon. The steam schooner Wat5ama. of the Mc-
Cormick line will sail from St- Helens
this afternoon with frel-rhl and oassengers
for San Francisco and San Pedro.
The steam Rchooner Johan Poulsen.
lumber laden at Westport, Is scheduled to
put to sea today.
A fine list of oriental oorts Is siven In
the manifest of the steamer Coaxt of the
Admiral line. Th btc freighter has rargo
for Manila. Yokohama. Shanghai. Hong-
konjr. Dairen. Hangkow. Rangoon. Col
ombo. Kobe. Mo.1i. Osaka and Tokio. Ths
freight for Ceylon and India will be trans
shipped at Hongkong.
MARKET AVERAGES LOWER
Half Dollar Loss In Lives tor 1c prices
During; Past-Week.
The only arrivals .reported at the yards
yesterday were 117 head of hogs. The
market in general was steady In all de
partments at the close. As compared with
the close a week ago, the hog market
yesterday was unchanged while cattle.
sheep and lambs were &0 cents lower.
Sales yesterday were as follows:
Weight Price Weight Price
lAstaers. 11121 8.301 24! yearl. . 2 7.75
11 cows. DiiS H.oOl IS cows. 1014$ .."0
2h0gs.. 120 18 00 lhog.. 110 12.50
22 hogs.. 221 l.2r. lhog..
2 Iambs 55 S.OO! 60 lambs
15 lambs - 77 9..V! 31 lambs
10 lambs 75 10.00! 4 ewes.
lewe.. 1.10 7.501 13 yearl..
STO 13. on
81 8.7.1
4 10.00
127 4. SO
72 9.50
l ewe. . no 4.&OI
Livestock prices at the Portland stock
y-eras were as follows:
Cattle
Choice grass steers
Pricw.
.110.00 10.50
. 9.2.- fa 10.00
. 8.30 23
. 7.50 8.50
(.food to choice steers ........
Medium and good steers......
Fair to good steers. .........
Common to fair nteers. ...... .
Choice cows and heifers
Good to choice .ows. heifers. .
Medium to good cows, heifers.
Cf-nnera
Bulls
6.50(31 7.50
7 50 8.00
6.50 7.00
S. 50(31 -80
3.50 4.50
5.50W 6.50
ll.00.ai2.00
0.0010.00
7.00 S.OO
is.noane on
Prime light calves
Medium, light calves
Heavy c&lves ................
Hogs
Prime mixed .... -
Me-lluni mixed .......
14. 75 13.30
4.50 S.50
11.25(g14.00
rair to medluci .............
Smooth heavy
Rough heavy
Pigs
Sn-rep
Lsrr.bs ......................
10.0oflhl.2r, I
11.75 .1.14.00 I
10.0010.50 1
CU1I lambs
Yearlings
Wethers .,
7.50 8.50
6.50GS 7.50
6.00 7.00
Lnes
2.00(3 8.00
Chicago Livestock Market, I
CHICAGO. July 10. Cattle Recelnts
low, compared with week ago; good to
best yearlings, light and handywelght
steers, 50c to 75c higher; heavies largely
35c to 50c higher; others uneven, steady
to higher; better grades fat cows and
heifers 5Cc to 75c higher. Canners and
cutters and bulls mostly steady; veal
calves $1.50 to $1.75 higher; lower grades
stork steady; desirable kinds higher.
Hogs Receipts 5000, steady to 15c
higher. Best light and light butchers
gained most; top, $10.40; bulk light and
light butchers, $15.90(3 1 6 40; bulk .230
pounds .and over, $13.9013.00; pigs
steady, bulk desirable kinds. $13 13.75.
Sheep Receipts 70O0, over one-half run
direct, 12 cars choice Idaho lambs.
$16.40: one car wethers. $S.50; compared
with week ago better grades fat lambs
$1 to $1.00 higher: others up $2 to $3;
yearlings ana wetners nrostiy ,5c to $1
higher; ewes $1.50 to $2 higher; feeding
snd breeding classes mostly 30c to $1
higher.
Omaha Livestock Market.
OMAHA, July 10. Hogs Receipts 6000,
strong to 10c higher. General quality
common; bulk l4.10fi'14.7o; top $15.90.
cattle Receipts 3o0. compared with
week ago beef steers 25c higher; butcher
stock 25c to 00c higher; veals 50c higher:
good and choice stockers and feeders 25c
to 50c higher; others steady.
Sheep Receipts 250, compared with
week ago lambs $1 ft 1.25 higher. Sheep
25c to 50c higher, feeder lambs 50c to
too nigner.
Seattle Livestock Market.
SEATTLE, Wash., July trl. Hogs
sipts, none. Prime. $15.7."-5'16.25;
e. r-nme, I ii- i.v-i lis :j; med -
choice. $14.50 13.73: rough
lum to
heavies. $1 1.00-ir 12.50; pigs, $1 2.00 13.00.
Cattle Receipts, none: market 50c to
75c lower. Prime. $1 0.50 1 1.00; medium
to choice, $0.Q0Q10.00; common to' good.
eo.tuee.ou; nest cows and heifers, $S.00g)
8.50; medium to choice, $7.OOfgi8.00; com
mon to good. $.i.0O&6.50; bulls,,. $5.50
D.au; calves, ,f i.uuill.uu.
Republicans Elect Chairman.
ABERDEEN, Wash., July 10. (Spe
cial.) E. B. Benn of this city was
Chosen chairman of the republican
county central committee at a meet-
ing of the committee Thursday aft-
ernoon. ivir. tsenn will rill the vacancy!
caused b- the death of T. T-f Rr,a',r
' F7t ""-("'- u i , w u i inc
county and a live organization In
every precinct will be sought by the
central committee. Work will be at
once started on a card index of the
voters in the county.
DAILY METEOROLOGICAL REPORT.
PORTLAND. Or July 10. Maximum
temperature. 74 aegrees: minimum tern
perature. 50 degrees. River reading. 8
a. u.o ieet; cnangs In last 24 hours.
o.i-iooi rise. Total rainfall i5 P. M. to
tember 1 l?Mtval.,l.Pfa,, "nC? Sip"
temper 1, l!il!, 3.1.4.1 Inches; normal rain-
tan since September l. 44 .in inoh.c- n-.fi
ciency of rainfall since September l! 1919.
p i ?U,nr.'sf ' 4 :S0., A- sun-
. puuniiiuc, J L lIOUTH.
minutes; possible sunshine, 15 hours 32
miiiuicB. jiuonrme. a:u! a. l.; moonset
2:39 P. M. Barometer (reduced sea. leveii
'-' V w- 8002 Inches. Relative humidity:
- p im " r per cent! noon, 60 per cent;
THE WEATHER.
Wind
STATIONS.
Weatass
Baker ......
Boise
Boston . . . ..
541 86i0.00i
60 94; 0.00
60 SO'0. 001
NW
Clear
. . NW
Clear
W
E
Cloudv
Calgary ....
Chicago ....
50 SO i 0.00
6 7410.061
ft. cloudv
E
Pt. cloudy
Denver
50 S4i0.00:14:SW
uiouay
Des Moines..
8210.20
SB
ruiear
Eureka
Galveston . ..
Helena
56 0 . 00 . .
S6 0.0O . .
N
r-irtn.iw
ft. cloudy
S O.01
NE
Cloudy
t.luneau
.1 50'76iO.00U0IW Clear
Kansas City.
58 80'0.04il0'E ICleap
i.os Angeles.
Marshfield .
MudCord ....
62 80.00!.. SW Clear
52 68:0. OKI. . NWfCloudy
52 920.0012 W Clear
Minneapolis. .
60 S210.0OI. . SW Pt. cloudy
New Orleans
ci '-.vai, .( iouay
New York ...0 86:0. 00. . jSEJ ICloudy
North Head. I 52 5S0.01..1W ICloudy
Phoenix
7ii;uo 0.00 . Jxw
t;QI Q A A AAi-IAIa
Clear
Pocatello
Portland
IS 960.0016:S IPt rlnuriv
RH Till HOI VTl,-l.
Roseburg
52 84 0.001 . .'NWlciear
Sacramento..! 52i 9Oi0.0o;i0S tClear
St. LOUIS .
Salt Lake.
San Diego
8 82(0.12I12NE Cloudy
70 94 0. 00, 10;XW Clear
..1 70,0.00(. . W Clear
48) 560.00:30W Clear .
541 62.0.001. .SE Cloudv
8. Francisco.
Seattle
tsitka
Spokane
Tacoma
Tatoosh laid
tValdez ...
48.0 0.00!. .1 iPt. cloudy
v-M i.iaw ii-iear
6:0.00. .jW icioudv
5VO.oo;i6:SW toloudy
60:o.oo .
(Cloudy
Walla Walla,
92 0.00 . .
fS 0.O0 . .
vv Hiiear
W Clear
w -ishington
Winnipeg
Yakima . . .
SO o.OO.lSiNE l.Pt. cloudy
gi.u.vui . . w niear
A M. today.
Ing day.
P. M. report of preced-
FORECASTS. '
Portland and vicinity Fair; westerly
wlnus.
Oregon and Washington Fair; moderate
westerly winds.
MTTOSOTnGE
FEARED THIS YEAR
Crop in Oregon May Be Larg
er Than Normal.
EASTERN OUTLOOK GOOD
Prices Are Steadily Declining la AM
Sections to More Reason
able Basis.
Th potato crop In Oregon will he as
large as last year and probably larger.
The condition of the crop Is officially
estimated at 98 per cent of normal and
in many of the important potato growing
countries a condition of 100 per cent Is
reported. In spite of the high cost of
seed It is figured that the acreage will
be only 4 per cent less than In 1919. A
considerable part of tha crop last yesr
was lost during the severe winter and
this caused the shortage snd high prices
In the spring months. If the entire crop
Is saved this season, prices should again
be on a reasonable basis.
The Indications slso point to large
potato crops In other parts of the United
States. The acreage of the country as a
whole is about 96 per cent of last year,
but tho improvement In condition Indi
cates a larger crop. The government
figures the total output at 888,000.000
bushels, or about 30.000,000 bushels over
the production of 1919. Field notes of
the bureau of crop estimates report
a 10 per cent Increase In potato acre
age In Aroostook county, Maine, slight
ly below expectations in Illinois, very
short in Indiana and normal In Kansas.
The condition of the crop is reported good
in Colorado, New England, Delaware,
Maryland, New Jersey. Pennsylvania.
Mississippi. Nebraska and Montana, fair
in Tennessee and Illinois, normal in Kan
sas, progressing rapidly in New York,
promising in Utah, variable in Indiana
and the Red river valley of Minnesota.
The early New Jersey crop Is starting
to market.
The condition - of the Oregon potato
crop by counties, expressed In percent
age of normal is given by F. L Kent,
field agent of the bureau of crop estl-
mates, as follows:
Westers Oregon
P. c.l p. c.
Benton ......... BSiLane 93
Clackamas
..loo Lincoln
Clatsop
. .. tt.1!Llnn 96
, . .lOOI.VIarlon 100
Columbia
Coos
. ..10OI Multnomah .
IPolk
, .. 91 Tillamook ..
. . .loo Washington .
t.:urry . .
Jackson
Joseohine
93Yamhill
, .100
Eastern Oreron
P. C.l
P. C.
Baker 7II,ake
Crook 5'.Malheur ...
. .100
. .100
. . 92
..120
..104
. . 94
Deschutes OOiMorrow
Gilliam 75!Sherman
Grant 99ILTmatil!a . .
Harney I Union
Hood River loo Wallowa ...
..100
..100
Jefferson ....... .1001 Wasco ....
Klamath 951 Wheeler ...
The local market is steadily falling as
the season advances. New Oregons of
fair size were offered on the street yes
terday at 7 Is cents New Callfornlas
were quoted at 8 cents and will be of
fered at 7 cents Monday. Kastern prices
1 are also declining. St. Louis report
Bliss Triumphs at 5 to 8 cents. Kansas
city SVi to 7 cents. Minneapolis 74 to 84
I . . ,..,, . . , , .
cent" and Chicago 5 to I H cents.
MII.I.RCN . IS SCARCE AND STRONG
One Hundred Tons Sold at 857 for
July Celivery.
There is much interest in the trade as
to the probable opening price of December
wh, i phJ,,
chlca- Most grain men figure
tnat tne market will open at about $2.60.
mm tne mills closing down and the de
mand aror mlllrun strong, a shortage in
this commodity Is again developing. A
tho Merchants' Exchange yesterday 100
tons of July mlllrun were sold at $57.
August oats bids were advanced $2 on
the board. Offers for July corn were
I ' u
I raised $1.60 and August corn moved
$3. There were no changes in barley bids.
Weather conditions and forecast for the
middle west, as wired from Chicago
"Chicago and vicinity cloudy, rained lust
nighty also rain tonight. Kansas, Nebrask
ciouay, scattered rains last night. North
west, eastern Iowa clear and fine.
Terminal receipts, in cars, were reported
oy tne aiercnants Exchange as follows
Wheat Bar. Fir. Oats Hay
Portland
Saturday ....... 32 3
Year ago ...... 6
3
1
18
30
26
44
2
28
Total this week. .212
9
7
10
10
4
25
8
SI
Season to date ! ". I ! 470
lear ago
SO
I Tacoma
I V.Br a a-n
1
no
10
Season to date
I. ar aso
Seattle
Friday
Year ago ...
t
33
23
1
6
11
Season to date.
49
4
x ear ago . . .
APPLE CROP IS
I BHjJ
BT THIS .TEAR
Boxed Output May Be. 3000 Cars Under
Last sear.. . .
A report from the Washington state
dlvlslon of horticulture Indicates that tn.
kv ir,l -.-, k. .
j vt: -'jvj carioaas
I below that of last year.
This applies
especially to Washington
Oregon and
Idaho. The western slope of Colorado
expects one-third of a crop.
The Idaho state crop report estimated
ths production of that state at 4780 cars
of apples. 1818 cars of prunes and 84
cars of cherries.
The Colorado state horticulturist esti
mates shipments from Delta county at
1400 tars of apples compared with 1320
last j-ear. He reports Labor Conditions
serious and boxes and baskets scarce and
exjranBive, A uens. county growers SSSO-
ciatlon puts the crop of that county at 90
per cent of a full yield.
The crop from Loudon county, Virginia
is locally estimated at 75 per cent of full
yield and in Rockingham county 60 per
cent. Prospects in Morgan county are
reported good for most varieties except
transparents. The anticipated apple yield
In. Jackson county. Missouri, is very light
ranging from 5 to 3o per cent for the va
rious varieties. Doniphan county, Kansas,
expects about 40 per cent of the full crop
I witn gooa yiciaa on tne nign land or
charde, but much damage to Pippins and
Jonathans on low lands.
FIRST DDfUBA WATERMELON'S HERE
Cantaloupes Gradually Cleaning l"p Apri
cots Coming From Wens tehee.
The first car of Dlnuba watermelons ar
I rlv.l K, ,K. r,tt -i-t..
' "
too green. Imperial valley melons were
In moderate supply and sold at 45 cents.
The large stock of cantaloupes on the
street is gradually cleaning up. Some o:
them are not good and tilers Is a wldf
aiiierence in prices.
Raspberries were firm on the early farm
ers' market at $8. 7504 and were quoted
on the street at $4 04.25. Strawberries are
practically out of the lobbing market.
The next apricots available will be from
Wenatchee.
Eggs Scarce and Firm.
" The egg market was very firm, as re
ceipts have fallen below the quantities
dally required. Buyers psld 89 cents, case
count, yesterday. In ths Jobbing; trad
candled ranch eggs were quoted at 42
43 cents and selects at 45048 cents.
Butter was steady, with a good demand
from speculators for. cubs extras. -
Poultry and dressed meats were in light
upply and prices were unchanged.
Declines in Cooking Oils.
Declines ranging from 35 cents to $1.20
case In eastern cooklnir oils and fats
were announced by Jobtrers yesterday.
Open warfare has broken out between a
umber of the larger manufacturers owing
to the policy adopted by one company of
dealing directly with the retail trade.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday Were as follows:
Clearings. Balances.
Portland $.-..840,573 $1,171,438
Seattle 6.105.274 1.SS1.3H1
Tacoma .. 714.881 147.511
Spokane 1.976,201 6o,5oS
Clearings or Portland, Seattle ana la
coma for the past week and corresponding
week in former years were:
Portland. Seattle. Tacoma.
920..
919. .
!18. .
917..
916..
$31,716,051 $31. 877.016 f4.24S.0O3
30.343, 853
24.357. OOB
16,441,V14
12.546,680
lo.oa.713
4.,034,:1 o.ii'.r.i.a.iii
3ii,3H0, 089
25,104,878
13,303. 565
1 2.564. lOO
13.379.52:?
lO, 595, 666
K.167.172
5,297.140
3.244.657
2.5C1C.242
1,727..".9
2.23H,I3
4.088.280
3,911,109
91.1.
914 10.W.9.427
013 H...X!I.5
1911 9.U0K.738
rORTXAKD MARKET QUOTATION'S
Grain. Hour, Feed. Etc
Merchants' Exchange, noon session.
Bid
Oats July. August.
No. 3 whits feed
$62.00
Barley
No. 8 blue
60.00
S9.00
57.00
56.00
tandard feed ..
Corn-
No. 8 yellow ...
, 6S.00
B7.00
65.00
40.50
Miurun
eastern grain, bulk:
Corn
No. 3 yellow 65.00
63.00
Per
WHEAT New crop club. S
SO
Dusnei.
FLOUR Tamlly patents. $13.75: bskers
hard wheat, $13.75; best bakers' patents.
lJ.To; pastry flour, $11.80; graham,
11. B0; whole wheat. $11.85.
MILLFEED Prices f. o. b. mill: Mill
run, $54-55 per ton; rolled barley, $70
run, ,ijj4 per ton. rolled barley, Si0m
l; rolled oats. $72 6 73: scratch feed. 189
&90.
CORN Whole. $80 81: cracked. $82
83 per ton.
HAT Buying price f. o. b. Portland:
Alfalfa, $24; cheat $22; valley timothy.
Dairy and Country Produce.
BUTTER Cubes, extras. 53 iff 54c pound:
prints, parchment wrappers, box lots, 67c
per pound; cartons, .8c: half boxes. He
more; less than half boxes, 1c more; ftut-
eriat, ro. l, o;tt Mic per pound at sta
tions; Rortland delivery, 5Sc.
fc,OOiS BuyhiR nrice. currrtit -receipts.
39c. Jobbing prices to retailers: Can
dled. 4.1c; selects, 40c.
CHEESE Tillamook, f. o. b. Tillamook:
Triplets. 21)c; Young America, 30c; long-
norns, .too.
POULTRY Hens. 20026c: broilers. 208
28c; ducks. 3550c; geese, nominal; tar
keys, nominal.
PORK -Fancy, 21o per pound.
VEAL Fancy. 21c per pound.
Fruits and Vegetables. .
FRUITS Oranaes. $5a7.r0: lemons.
$5.2506.50 per box; grapefruit, $8.2."9.50
per box; bananas, lltf l.c per lb.; apples.
new, s.i.ia per box: strawberries. $4i 4.2.
per crate; cantaloupes, $2.4.75 per crate
cherries, 10&22ttc per pound; watermel.
ons, 4&5c per .lb; apricots, $2.75v3 per
crate; pineapples. 17toc per lb.; peaches,
$1.5002.50 per box: plums, $33.50 per
box; currants, $2tgi3.25 per crate; raap-
oerries, a. i,(oi-i..'o per crate.
VEGETABLES Cabbage. 33Ue per
pound; lettuce, si.BUfr2.u per crate: cu
cumbers, $16i2.50 per dozen: carrots. $4-il
$4.50 per sack; horseradish, 25c per pound;
garlic. 4Uc: tomatoes. S2.ooinl4.aO per box:
spinach, 7di9c per pound; peas, 7sai0e per
pound: beans. luco)17iC per pound: beets.
$3.504.50 per sack; turnips, $3.50 per
sack.
POTATOES New white. 7V48Hc per
pouna.
ONIONS Red. $1.75(92 oer sack-, vellow
- per sacK.
Staple Groceries.
Local lobbing quotations:
fiUOAK Sack basis: Cane, granulated.
231tc per pound.
HUM-,1 New, i iw i..,o case.
NUTS Walnuts. 22i3(lc: Brazil nuts.
40c; filberts, 30c: almond. 35930c: pea
nuts. 14fg:15c; cocoanuts. $1.75 per dozen.
SAl.1 Hair ground. ItMls. Sll.L'., oer ton:
50s, $18.75 per ton; dairy. $27.75 per ton.
i.iujti Blue Kose, ioc per pound.
BEANS Small white. 7'4c: larKe white.
714c: pink, 15c: lima, 15c per pound;
bayous, llHc; Mexican reds, 10c per
pound.
COFT"EE Roasted. In drums. 30 30c
Hides and Pelts.
HIDES Salt hides, over 45 pounds, 14c;
green hides, over 45 pounds, 12c; salt
hides, under 45 pounds, l:tc; green hides,
under 45 pounds, 11c; green or salt calf
to 15 pounds. 25c; green or salt kip, 15 to
30 pounds. 15c; salt bulls, 12c; green bulls,
lOc: dry hides, 22c; dry salt hides, 17c;
dry calf under 7 pounds, 30c: salt horse,
large, $6.00; salt horse, medium, $5.00;
salt horse, small. $4,041.
PELTS Dry fins long wool pelts, 15c:
dry medium long .wool pelte 12c; dry
coarse long wool pelts, 10c: salt long wool
pelts. $23: salt lambs' wool pelts, soe
$1: salt shearlings, 25 a 50c ; salt clippers.
Provisions.
Local Jobbing quotations:
HAMS All sizes. 43 45c: skinned, 40
45c; picnics, 25c; cottage roll, 33c.
LARD Tierce basis, 24c; shortening,
22 He per pound.
DRY SALTS Short, clear backs, 2528o
per pound; plates. 2.1c.
BACON Fancy, 495Sc; standard, 333
45c per pound.
Wool, Cascara, Etc.
MOHAIR Long staple. 25c per pound.
TALLOW No. 1, Sc per pound; No. 2.
6c.
CASCARA BARK Per pound, gross
weights, old peel, 12Hc; new peel, 10c
per pound.
WOOL Eastern Oregon fine. 50fi54c;
valley, medium. 35c per pound; valley.
coarse, 2c per pound.
GRALX BAGS Car lots, 20c.
Oils.
LINSEED OIL Raw. barrels. $1.83;
raw. drums, $1.90; raw. cases, $1.93;
boiled, barrels, $1.85; botled, drums, $1.92;
boiled, esses, $2.
TURPENTINE Tanks, $2.16; cases.
.31.
COAL OIL Iron barrels. 14HO17c:
cases, 27 34c.
GASOLINE Iron barrels, 25Mc; tank
waarons, 2.Hc: cases, 3Sc.
FUEL OIL Bulk. 1210 per bsrrel.
SAN FRANCISCO PRODUCE MARKET
Prices Current en Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO. July 10. Buttjr Ex
tra grade, 60c; prime firsts. 59H-CT firsts,
55HC.
Eggs Fresh extras. 55c: firsts. 49V4c:
dirty. No. 1. 52Hc; extra pullets, 47c; un
dersized. 3.c.
Cheese Old style California flats, fancy
33 He; firsts, 29o; Young America, fancy
35c.
vegetables Beans, 44r5c per pound:
do. garden, OSc: lima. flw: Bel pep.
pers, large, 15gr20c: small. 5?10c; Chile,
15c: tomatoes, southern California, fancy.
$1.50-&-3.0O; No. 2, $lr1.50; Merced. $lv
1.05 small box: lugs. S33.75; cucumoers,
natural growth, 50700 per small box:
$1 eel. 50 per lug; hothouse. 12 per box
green onions, $1.25'&1.50 per box; eggplant
5?10c: do Livingston, 15c per lb.; peas, per
lb., 3ffr5c; Half Moon Bay. 47c: carrots,
$2.753.00: beets, 11.25 per sack; sum
mer squash, per lug, 50cfr$1.00; Italian
squash, $1.00 01.25: turnips, per sack.
1. 253 1.50; corn. Winters, persack, $3.00
wa.50; bay, s5.ooZ'5.so; celery, nay fancy,
$7p,i.50 crate; potatoes, garnet and white,
66Hc: No. 2, 35c per pound on the
street; onions, yellow, $1.008 1.25; do. red,
75c e 11.
Fruit Strawberries, 8-ounce baskets, 60
it?75c Pr drawer; lz-ounce basKets, 75c
11. oo; raspBemes. 70AC per drawer
blackberries. 406 50c per drawer; logan
berries, 4060c per drawer: black logans,
30i(40c; cantaloupes, standards, $2.50
3.00; ponies, 12.00(92.50: flats, $1.00(9
1.25: honey flew. !2fvz.2.i per crate
melons, 2 Gi3Hc per pound; bananas. Cen
tral American, 910c; Hawaiian. 10llc
per pound; pineapples, $4.00(95.00 per
dosen: Valencia oranges. $4.50W6 50: lem
ons. $2.00e5.00; grapefruit. 2.50?3.50
apples. White Astrachan. 12 T . 75 per box
Gravenstelns. 4H4-tier, $o3.50; apri
cots 11.2.14 1.75 per crate: per pound
5ffSo; peaches, Wicftf per small box; lugs
and crates. $i.75ST3; enernes, mack, ioiw
24c: Royal Annes. 1218c; Santa Cru
black. 12HW22H: Oregon Royal Anns
oer small box, $1.50f2; black. $2; plums,
all varieties. $11.5 per crate; Santa
Rosa, $1 7502; Bartlett pears. $3.50 box
rrapes. Malaga. 3.n per crate.
Receipts Flour. (1260 quarters: wheat
1800 centals; barley. 42S0 centals; oats,
1180 centals; corn, 125 centals; onions,
319 sacks; hay, 154 tons;- lemons an
oranges. 250 boxes; potatoes, 3370 sacks
wine, 3650 gallons.
RAILWAY STOCKS STRONG
BTJYIXG is stimtjdated
GOOD CROPS.
BY
Realizing: SaJes Iead to Reactions
in- Industrial Shares Bond
Trading Is Active.
NEW YORK, July 10. The session of
the stock market today was of the usual
mid-summer, week-end variety, consisting
largely of settlements of speculative con
tracts. Dealings were light, but fairly
broad. Rails displayed pronounced strength.
Firmer tendencies among transportations
were sssoclated with the government crop
report issued after the close of yesterday's
market, in which forecasts virtually Insure
bountiful harvests of the prlnclp I cereals.
with a wheat surplus for expor
Realizing sales caused lrregula' eactlons
in oils, steels, equipments and : hippings,
and also In divers specialties mors or
less remotely related to leading Industrials.
Extreme reactions of one to five points
were partially retrieved at the close. Sales
were 325, 0O0 shares.
Dealings In bonds were relatively much
more active than the turnover In stocks
Internationals continued firm to strong,
but liberty Issues again were inclined to
waver. Total sales (par value). $4,875,000.
In the old United States issues the coupon
snd registered 4s gained halt per cent on
call durlrnr ths week.
The week's more expansive stock market
operations were not reflected in the clear
ing-house statement, actual roans contract
ing by about $38,600,000. but reserves of
members In the federal reservs bank de
creased almost $52,000,000 and total excess
reserves fell to slightly over $10,000,000
as compared with last week's showing of
about $51,425,000.
CLOSl.NU STOCK QUOTATIONS.
Last
Sales.
soo
6o
2oo
1.7O0
1.41IO
400
JO0
2O0
400
High.
94
42'
140
2 V,
89 H
102 H
H2
129H
:H
:H
95 H
Low.
94
42 V
140 .
92 H
102
01
129 H
93
93 H
90 V
Sale.
Am Beet Sug.
Am Can
Am Car Fdy
94 1
42
14(
92 H
KH
102H
62
129 H
03
93
91
57 (
81 U
164
125
3:;
91
23
33
122
67 4
54
34
71
3S
.10
1HI
157
53
12'A
144
27
72
SI
94
18
86 7
is
2614
1!5
31
42
26
70
31
00
73
4
100
40
31
Am n ft l pra
Am Inter Corn
A m Loco ....
Am Sm & Rfg
Am Sugar. . .
Am Sum Tob..
Am Tel A Tel
Am woolen
13.20O
Ausconua Cop
1.KOO .
OS H
Atcnison
A G & W I S S
l400 Rl h
80
164
1'234
324.
1?1
23
32 H
list
67 't
54
34
70
.17
30 H
!
156
53
12H
144
20 H
51
94
18
84 H
17'
26 'i
194 T
31
42 H
25 H
69
3(1
90 H
72
4
106
39
30 H
16
!0
00
112H
76H
.11
94
2IIO 164
Baldwin Loco.
Bait & Ohio..
Both Steel B..
B & S Copper.
Calif Petrol ..
7.0O0
2.7i
1.41MI
1IM)
70O
7,oiiO
loo
2IIO
1.4O0
31 0
3.500 I
400
!0O
1,800
2)0
2.iM
200
12.100
l.oo
"OO
700
2IK
9,9l
2"0
200
4. 20
2.3O0
8O0
3.0OO
2.300
1.4O0
100
1,1 OO
3O0
8.700
1.R00
1.200
3O0
15.!WW
2.6O0
1,700
4( 10
4.2O0
1241)
33 '
9 2 V
2.1
3.1H
122
Canadian Pac.
Cent Leather.
Ches & Ohio. .
Chi M St P
. (
35
71
IIS
'
w
157H
63
13
144
27H
7 J
52
94 'i
1SH
87 14
IS
27
107
83
42
26
70'
31
00 H
78
4H
107
40
31
10H
92
117
113'
76 '1
32'.,
95
20 s
lOf.s,
7 OH
4S
421
72?,
164
110
70H
95 U
St
1024
94 ,
lOK'n
on h
Chi & X W . ..
Chi R i a- Pac
Chino Copper.
Corn Products
Crucible steel.
Cuba Cans Sug
Erie
Gen Electric.
Gen Motors . ..
Gt No pfd
Inspir Copper.
Int M M pfd. .
Inter Nickel . .
Inter Paper .
K c Southern.
Kennecott Cop
Mexican Petrol
Mid Stales Oil
Mldvaie Steel.
Missouri Pac
N Y Central ..
N Y N H 4 H
Norf A West..
Northern Pac.
Ok Prd A Rfg
Pan-Am Pet..
Pennsylvania. .'
Pitts & W Va.
Ray Con Cop..
Reading
Rep lr a Steel
Royal Dutch ..
Shell Tr & Tr.
Sin OH A Rfg.
10
91 H
116 ',,
113
76
81
95
211
105
76
47
42 H
71
16
n
70
94
so
101
04 '
ins
6s
49
19
.77
Southern Pac
12.4O0
Southern Ry.. 1U.4UO
S O of N J Dfd 1.10O
105
75
47
42
71
10'i
11 4 H
70
94
SO'i
101
94
lilRVi
SS
40
10
Sturiebaker Co 3.000
Texas Co 4. SOU
Texas & Pac. 2,0(MI
Tobacco Prods S.lOO
Tranwont Oil. oo
L'nion Pacific. 3, loo
U S Fd Prods. 7HO
U S Ind Alco. 3.100
U S Iletl Sirs. 2.40O
U S Rubber .. 8.20O
U S Steol 9,000
do pfd IOO
Utah Copper.. 200
Westing Elect 200
Willys-Overlnd -4.200
10
BONDS.
U S Ub 3Hs. .91. 14 Pan 8 coup...
do 1st 4s 86,10Anglo Fr 5s...
do 2d 4e 85.56 Am T at T US.
do 1st 4 V4s. . .R6.10IAtch gen 4s...
do 2d 4 'is 85. 74 D & K G 4s
90
93
72 '
87
72
62 H
84
86
97
.80
78
01
do 3d 4s. . .HU.7U-N y cent 4s.
do 4th 4 Hs. . .85.91
Nor Pac 4s. .
Victory 8s ...95.881
do 8s
Pac T & T 5s . .
Penn con 4s.
8 P con lis. . . .
So Ry 5s
U P 4s
U S Steel 6s..
do 4s
U S 2s reg.. .104H
do 2s CP
U S 4s reg...ll5
do 4s cp . . .."ins
Pan 3s reg....77
Bid.
Boston Mining Stocks.
BOSTON, July 10. Closing quotations:
Uouez 28 INorth Butte .. 17
riz Com llVi'Old Dominion.. 25
al & Ariz 59 Osceola 40
I & Hecla...siu uuincy ou
entennlal .... HHiSupenor 4
opper Range.. 39HSup & Bos .... 8
East Butte
l'-ionannon ...... 1-4
lUtah Con 6
30 Winona 50
3' Wolverine 15
8iGreene Can .... 81
FVanklln ...
Hie Royalle
Lake Copper
Mohawk ...
SMALL LOSS IN TOTAL RESERVES
Decrease of One and Third Millions Re
ported in Past Week.
WASHINGTON. July 10. Combined re
innrces snd liabilities of the 12 fed tral
reserve banks at the close of business July
9 were announced toaay oy tne zeaeral
reserve board as follows:
HpcmirrM
Gold and gold certificates $ 168,929,000
Gold settlement tuna federal
reserve board 402. 700,000
Gold with foreign agencies... 111.531,000
Total gold held by banks.. $ 683,220,000
Gold with federal reserve
agents $1,145,102,000
Gold, redemption fund 142.U94.00u
Total sold reserves $1,971,310,000
Legal tender notes, silver, etc. 136,877.000
Total reserve $2,108,193,000
Bills discounted, secured by-
governmeni war ooiigations t,io.350,tKMi
All other 1,265,243,000
Bills bought In open market. . 372,591,000
Bills total on hand $2,934,184,000
V. S. government bonds 20,793, ooo
U. S. victory notes OU.OOO
U. S. certificates of indebted-
ness 51.942.000
Total earning assets.
....$3,242,988,000
Bank premises
13.734.000
Uncollected items ana otner
deductions irora gross- ae-
noslts 797.347.000
Five per cent redemption fund
sgalnst t. a. notes i-'.-'h.i.ihhi
Ail other resources 3,682.000
Total resources. $6,178,377,000
LiaDilltir-s
Capital paid in $ 94.639.000
Kutplus 1O4.743.0O0
liovernment oeposns.i .ui.u,ouu
L-ue to members reservs ac-
serve account 1,839,704.000
Deferred availability Items... 694.334,000
Other deposits, including for
eign government creuits... O3,ia.ooo
Total gross deposits $2,505,216,000
Federal reserve notes In actu
al circulation B.18O.U4S.O00
Federal reserve bank notes In
circulation, net liaDtiiiy... luu.ssi.ooo
All other liabilities 42.542,000
Total liabilities $6,178,377,000
Ratio of total reserves to net deposit and
federal reserve note liabilities combined,
43.1 per cent.
Ratio of gold reserves to leaerai reserve
notes In circulation after esitlng aside 35
per cent against net deposits liabilities.
47. o per cent.
BEADJCBTStENTS W1THOCT STRAIN
Mid-Tear Period Passes Without Finan
cial Trouble.
NEW YORK. July 10. Pronounced Im
provement was shown by the financial
markets this week on an almost steady
rise of activities as well as prices. Mid
year readjustments were accomplished
without strain, demand loan rates easing
visibly as hesrr interest and dividend
payments found few channels of invest
ment. Most important of these were the Swiss
government loan $25,000,000 at 8 per
cent and the Armour company note issue
of $60,000,000, placed on a 7 per cent
return, both underwrltlngs being over
subscribed in short order.
Wall street seamed to psy little atten
tion to the outcome of the democratic
national convention.
Reactionary tendencies In general lines
of business were less marked than in ths
preceding week. Bankers were inclined
to believe that June's business reverses.
the heaviest 4n 18 months, would diminish
in the current period. 1 j
Crop prospects continue extremely
promising. 1
It is too early In the opinion of students
of international' conditions to gauge the
financial effect of Germany's acceptance
of the allies- disarmament terms. There
are broad Intimations, however, that re
lief from this tension may pave the way
to a comprehensive plan for the refund
ing of foreign credits under guidance of
American bankers.
-
Money, Exchange, Etc.
" NEW YORK. July 10. Mercantile paper.
7 8 per cent.
Exchange Irregular: sterling 60 - day
bills. 3.9": commercial 60-day bills on
banks, 3.90: commercial 60-day bills,
3.894; demand, 3.143 : cables, 3.95;
francs, demand. 8.46; cables. 8.48; Bel
gian francs, demand, 9.04; cables, B.n;
guilders, demand, 35.25; csbles. 35.27:
lire, .demand, 6.00; cables. 6.02; marks,
demsnd, 2.62: cables. 2.63; drachmas. 7.69.
New lork exchange on Montreal, 12 3-16
per cent discount.
Government bonds easy: railroad bonds
steady.
Bar silver, domestic 9DV4; foreign. 92tt.
Mexican dollars, 69H.
LONDON. July 10. Bar silver. 52 Sd
per ounce. Money. 4 per cent. Dis
count rates, short bills. SHfliOH per cent;
three months' bills. 646 11-16 per cent.
Swift a Co. Stocks.
Closing prices of Swift Co. stoeks at
Chicago were reported by Overbeck A
Cooke Co.. of Portland, as follows:
Swift A Co
Libby, McNeil A Llbby
Nationsl Leather
Swift International
.108H
. 12H
. 11
. 87
Decrease In Excess Reserves.
NEW YORK. July 10. The actual con
dition ot clearing house banks and trust
companlea for the week tflve days) shows
that they hold $10,017,800 reserve In ex
cess of legal requirements. This is a
decrease of $43,407,850 from last week.
BLACK RUST REPORTS CACSE
BULL MARKET.
Buying: Is Not HcaTjr but Selling
Pressure Is Absent -Priees
Strong at Close.
CHICAOO, July 10. Corn maintained a
ilrnnr tone to the lai-t ana too iinisn
was near the best prices for tb dsy. The
ft-sture of the market was not so much the
buvli. ms the lack of selling pressure
The opinion prevailed that the big short
lin hwv,. not been disturbed. Prices
closed Mtrong with corn 4H-c to 5c high
er. Oats finished 3c to 3c above yester
day's close. Provisions were stronger as a
tnia Julv rrnrk snd ribs were the ex
captions, being lower under liquidation
ti.nnri. nf the anDearance of black rust
In the northwest were responsible for the
bull market in corn. The trace was in
cllned to buy corn on the theory of com
na-.tiv. vain believing that any sd
vance in wheat as a result of the talk
of rust should be reflected In corn.
Oats alo showed strength.
, v ...nai'v slow' and uninterest
lr,r inHa was noted In provisions, with
values covering a limited range. The price
trend, however, was higher.
Th. rhli-mrn market letter received yes
terday by the Overbeck & Cooke company
of Portland said:
Corn Black rust is synonymous or crop
scares and wildly fluctuating markets.
These reports are becoming general and
little rtmtht erlsrs as to lis prevalence m
xiinnnitt and South Dakota, with pre
dictions favorable to Its spreading. Other
factors were lost sight of. Buying orders
were in the hands ot commission nouses
st the start and there was but little letup
throughout the session. aiarKet cioseu ii
the tup with s gain of nearly 5 cents for
the day. Cash corn was In good demand
advance ot 2 to cents. v earner
conditions perfect snd crops could nt be
better. Confirmation or denial of rust by
hundreds of grsin men, wno win no uouot
be out tomorrow making personal exam
ination, will be awaited with interest and
will have a radical influence on tne price
movement Monday morning. While rust
does not affect corn. It will have a sym
pathetic movement with other grain.
Chances seem to favor the buyer for the
time being.
Oats A black rust scare In spring vrneat
with some dsmage claimed In Minnesota
by a local crop expert resulted in active
buying. Shorts covered freely and there
was also some Investment buying, trade
being large, and ths market, closed at
about top prices. Forecast Is for higher
temperatures in the northwest. Strength
in rye had considerable Influence on oats
and the market looks higher.
provisions Trade was slow, but there
was no pressure and a little buying by
brokers representing packing interests held
values on a firm basis. Hogs were esti
mated at 5O0O, and 10 cents higher.
Lieading futures ranged as follows:
CORN.
Open. High. Low. Close.
Sept.
$l.r.K $l.HO $1.30 $1.59
1.39 1.44 1.39 1.43
OATS.
.7 .81 .7 .80
.75 .79 .73 .78
MESS PORK.
28.30 2S.3S 2. 30 28.R0
30.25 30.47 30.25 30.30
LARD.
19.00 1O.10 19 00 19.10
19.82 19.83 19.82 19.83
SHORT RIBS.
18 82 18 8.1 JHS2 IflK.I
17.70 17.77 17.70 17.T7
Dec
Sept.
Dec.
July.
spt.
July...
Sept. ...
July...
Cash orices wire:
Wheat No. 2 hard, $2.83; No. 4 north
ern spring. $2.i..
Corn No. 2 mixed, $1.6291.82; No. 2
yellow, $1.62-8 l.3.
Oats No. 2 white, $1.08 01.10; No.
white. $1,000-1.08.
Rye No. 2. $2.30.
Barley $1.2.". U 1.32.
Timothy seed $104fl2.
Clover seed 2o 'q 35.
Pork Nominal.
Lard $19.10.
R 1 bs $ 1 6. 50 - 1 7. 80.
Grain at San Francisco.
SAN F-RANCISCO. Csl.. July 10. Grain
Barley, spot, feed, $2.9092 05 per cental;
oats, J.S'JJ.io; corn, $i4w73 psr ton;
rye, nominal.
Hav Fancy wheat hay. light five-wire.
(2I28: choirs tame hay. $37040: other
hales. S3aer3--! per ton: new wheat hav.
tame hay. S33g37: wild oat hay. nominal:
barlev bay. nominal: alfalfa hav. ne
nominal; old. :lil&;i2; stock hay. $29632.
Seattle reed and Bay.
SEATTLE. Wuh.. July 10. City dellv
ery: Feed, mill, $52 per ton; scratch fed
$92; feed wheat. VJU; all-grain chop. SML-
oats, $70; sprouting oats. $S2; rolled oats
$M ; whole com, $-86; cracked corn, $!S
rolled barley. 77: clipped barley, $82.
Hay Kastern "Washington timothy
mixed. $47 per ton: double cnmpresfl
New Issue
Oversubscribed
We offer at original .
subscription price the
unsold portion of our
allotment of
Armour & Co.
Ten-year 7
Convertible Gold Notes
73A(?o
to yield
7's at 94.84
Full details on request.
Wire orders "collect."
S.S4JI
SecoMO Puxm& PU,M 64-6
NORTHWESTERN BANK Bi-DO.
-tiCi,fmiA "
FRfflSSSyWHrfo
OPPORTUNITY IS YOURS
Act at Once
DO yea realize that la the present situation, northwest tnntrtrtnal bondsr""
are selllnsr at lovrest price since the Civil War period and are pay
ing; tha hia-heot rate of Interest '
It Is a fact.
To the thrifty, the dlscrtmtnattnsr
Interest or Importance. It affords an
dreamed of prior to its ad-teat. It will
Ia-rest your fa ads la oar
Municipal Bonds
We own am offer many choice- Inane
or Miatancc - our service
Morris Brothers lETl
OtfiMitifot
rpsm ix7v4
DC&iuo niunrvi.
central Blag. fOKTLaM), UK, Mer.Kat.Bldg.
To Make
-..-ft vt
"THE CANNERY" pect to become independent. Many
people will tell you that nothing is safe that pays more than &. If
that were so there would be very few rich men or -women in the world
today. There are hundreds of investments absolutely safe, that pay
hundreds of per cent every year. These investments were made at the
start, at the beginning of things.
We offer you for a very short time an ABSOLUTELY SAFE invest
ment that will undoubtedly pay h0 or more every year, and grow
more valuable every year. We have just purchased and are operating
an old established salmon, clam, beef and vegetable cannery, a gem-v
eral store, a hotel and a water transportation business, all so strate
gically located as to be without competition. We are packing and ex
pect to pack 25,000 cases of red salmon this year. Last week we
launched our new $20,000 freighter that will be placed on this 7-hour
run, carry 65 tons at a load, with a freight rate of $15 a ton each way.
We are not speculating. Every case of goods we pack is CONTRACTED
for before it is packed. We have enough freight in sight to pay for the
boat in a few months. This week we let the contract for the new tour
ist hotel and every room is engaged for months ahead. Every dollar
you invest with us is used to increase our output, to enlarge the busi
ness. There is no promotion stock, n debts, no agents, no salaries to
officers. Every employe is a heavy stockholder. The company is in
dorsed by the banks, Commercial Club and business houses. The capital
stock is only $100,000, all non-assessable. The shares just now are
selling for TEN CENTS. You can invest any sum from $25 up. Send
today for our descriptive circular; it contains map and full particulars
of tne entire proposition, it is iree.
Queets Trading Co., Hoquiam, Wash.
$51; alfalfa, $48; new alfalfa, $37; straw,
$1S.
Minneapolis Grain Market.
MINNEAPOLIS, July 10. Barley. $1.05
1.23. Flax. No. 1. $3..6H3.7m.
Duluth Unseed Market.
DULUIH, July 10. Linseed, $3.71 3.76.
Eastern Dairy Produce.
CHICAGO. July 10. Butter, steady: re
ceipts. 12.060 pounas: stsnaaras,
others unchanged.
Eggs, steady.-unchanged; receipts. u,u
cases.
4VSBBSW
KEW TORK. July 10. Butter, stesdy;
creamery, higher than extras, 5Vii5c;
extra. 58c; firsts. 53 37 Vic; packing
stock, current make. No. l, iff - e.
l... firm, uncftanaea.
Cheese, irregular, unchanged.
Naval Stores.
SAVANNAH, pa., July 10. Turpentine.
firm. $1.42Vi: sales. ftOO Darrels: receipts,
501 barrels: shipments. 438 barrels; stock.
7079 barrels.
Rosin, firm; sales. oarreis: receipts.
1735 barrels; shipments. 1122 barrels;
tock. 251.654 barrels. Quote: B. $10.25;
D E. F. G. H, 1. K. M. N. WG. $13.30;
WW, $13.33.
Cotton Market.
NEW TORK, July 10. Spot cotton,
quiet; middling. 40&50C.
Dried "ruit at New York.
NEW YORK. July 10. Evaporated ap
ples, dull. Prunes, easy. Peaches, quiet.
Cole Says He Will Not Resign..
ST. LOUIS. July 10. W. 1. Cole
today announced he would not reslsrn
as chairman of the republican state
committee. The announcement fol
lowed the request of the committee
appointed at the recent republican
mass meeting at Sedalla that he quit
his post and that he make a decision
on the request by today.
NOTICE TO SHAREHOLDERS
Goldfield Merger Mines Co.
Reorganised Atlanta Mines Co.
Reorgsslwd Bine Bnll Mintns Co.
C. O. D. C.sisolldated Mines Co,
(ioldfield Combination Mining; Co.
Milltovrsi Mining: Co.
Please communicate Immediate
ly with the undersiBned Secretary
in order that you may be advised
of the plan of merging the above
companies Info the Goldfield Deep
Mines Company.
Please state number of shares
you own,
H. G. McMA-HON. Secretary,
Goldfield. Nevada.
CAPITAL SECURED
Ve will assist corporations in
good standing, needing $100,000
or more for expansion.
Western Securities Co.
283 Stark Street
R
INVESTMENT SALESMAN
"We want a man of (food character
who can sell, to represent us In
Portland territory. We handle a
Iteneral "high-grade lin of preferred
Btockw and bonds. The rijrht man
can develop a permanent and profit
able business.
WILLIAM H. fOXALI, COMPANY
Hoc beater. .
E
Investor, nothlnsr could le- of moro
opportunity such as was scarcely
not last Ions.
Yields to 7
sTI pev as for any Infor
itiots
department at. yowr command.
73- j-t
xiisu. can r Tuciaco Ccmvusv
a Fortune
The way most people make a for
tune is by investing in something
"at the start," investing when the
price is low, holding onto it, or sell
ing when the price is high. No one
ever made a fortune 'by merely sav
ing wages or salary. Saving is 4
commendable habit, but you MUST
invest your savings if you ever' ex-
Foreign Bonds!
We offer for immediate
delivery City of Berlin 4
City of Barmen 4:
State of Hamburg 4yz
City of Greater Berlin 4
Bonds of any larger city:
m Germany for delayed
delivery.
' Also
Cm' OF VIENNA 5
TREASURY BONDS "
Write for circulars and
price list.
Transatlantic Estates
& Credit Co., Inc. ;
222 Chamber of Commerce
BIdg. Mar. 205
WE HAVE ORDERS TO SELL '
30 New World Life Ins $10.00
15 Superior Portland Cement
"-50
50 Western Rubber Co , 5JI0
2000 Alaska Pete & Coke... .19
50 Lambert Tire & Rubber Bid
20 Commonwealth Finance 37.50
50 Alaska Steamship Co... 82.00
Unlisted Stocks on any Market
Liberty Bonds Bought and Sold
11 ERRI N'g R H 0 DES"i NCr
ESTABLISHED ISM. .
STOCKS and BON DSL
Railway Exchange BIdg., -Main
283
Seattle Portland Tacoma
Members Chicago Board of Trade
OVERBECK &
COOKE GO.
Brokers. Storks. Rands. Cotlosw
CnUn. Eto.
tl-rlT BOARD OF TRADE BLDO,
UXLBK3 CHICAGO UOAKD Of
1BSDK
MEMBERS
OsTT-esixm dents of logas Brraav
Chicago and Kas fork.
Kcw York Stock Eschancs
Chirac Stock Exclaaass.
Boston Stock ExcbaDCSw
Chicacs) Board of Trad.
New York Cotton Exchange.
New Orleans Cotton Excbanga,
New lork Coffee Kscnaoge.
New x'ork Produco Excbaais
Liverpool Cotton Association.
ft
105.5v