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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (June 11, 1903)
THE OREGON . DAILY JOURNAL, PORTLAND, -tnUBSDAY EVENING, JUNE 11. 1903. TRANSACTIONS IN THE FINANCIAL WORLD PRUNE CROP WILL BE SOME HEAVIER WHEAT IS HIGH, i V.J t - v STOCKS SCARCE '" ' . Walla Walla and. Bluestem ,yQ flotations- Are Again Ad- u vanceor-Large uemand and I - j' shortage or urop the Cause, ; Standard Oil ; ComDanv An- - nounces Decline of o Cents I VII WWMVIIIV VMM I IVI I U Scarce and Prices Hieher. t TE. , HAJtlXTl 07 A WEEK. . All ptiN f WkWt AdTftM. Butt aliffhtly stiff r. , -, Bars kirhw. ' Turpntla dtollnM S enta. - - Columbia BIT salmon - vary aoaro. , . Poultry prloaa waak. rieh maata alomp. oarolty of lemons. Good proapoota for sop hold arm. . r. rKOXT STREET, Juna 11. During (ha week Just ended the local wheat marketa have developed strength on account of the reported scarcity In all gradea of atock. Valley hai aeen the fnoat advance qa account of the ex treme shortage lrvthi line. Today the quotation on Wall Walla and Blue st in ahow a material advance, brought about by the larger buying of outside dealers and the acarclty. Today's wheat tatlon - are: Walla Walla. 76c; estero. 7.8079c; Valley. 75c. Higher uotatlon are Still anticipated In Val ley grade on account of the fact that the email remaining stocks are In Strong Hands determined to hold at all hazards. Flour quotations,' though quite atrong, are unchanged from yesterday's prices. Turpentine Drops S Cents. ', The Standard OH Company announces ft. decline of 6 cents a gallon in Its t quotations on turpentine. Other oils are unchanged. ' The wool market for all grades Is flulte dull, although there have been Soma fair sales of Valley made dur ing tha week at prices ranging from lBo to 1) He.. Eastern Oregon move ment la slow, the sheep men pre ferring to hold until the market -shows U change. . Egg Beoeipts Heavy Pries High. Although the receipts of eggs are considered extra heavy for this period of the year, the strong demand that has been prevailing In the local and outside markets for the past few weeks has kept the market cleaned up of all atock and there have been no accumu lations for some time. The principal demand at present comes from the Gray's Harbor Country and from the Lower river. Stocks are cleaned up as fast as they arrive and quotations are being held stiff at 18 H cents. i Poultry Prloas Weak. 1 Receipts of poultry during the week were ilagen'.-ihan usual, and -In eon-. sequent of a Blacker demand, quota tions art somewhat off today.' Accu mulations of -stock have -beea Jarg6" end most of the sales reported today and yesterday were at prices about a half cent under those published. A decline in quotitriihs Is anticipated unless the demand, show an . early Improvement. Solsgs In Batter. The butter market shows a vest lm provement -over that of -a week ago and, creamery which - Was accumu lating at a lively rate at that time, is row in a more healthy condition, and Commission men are able to clean up at quotations without having to resort to the cold storage plants. Store and dlry are both firm at top quotations, the demand for stock from the South still continuing. flood Stops Salmon Catch. The exceedingly high waters on the Columbia and Willamette have had tendency to stop nearly all salmon fish ing operations and even shad are not so plentiful in the local markets as they were a week ago. About four- fifths of the salmon now being sold in the torsi markets is of , the Puget Sound varieties, the dealers' preferring this grade st quotations, than to pay the sun prices now prevailing on me lower river for the genuine Chinook. Bo Demand for Xat. The Front street meat houses are racticolly Idle, as the demand for fresh stock has almost ceasea unm more favorable weather. Receipts today of veal and mutton were light, but were far too much for tne prevailing aemaiw. Quotations have slumped and nearly all varieties are quoted lower today the . only exception being hogs, which nave found a fair sale. . Limoui Still Scare. Even the heavy receipts of lemons within the past few days from call fornla by both steamer and rail have failed to supply the needs or me loca.i markets, and late yesterday arternoon nearly, all the stock, both good, bad and Indifferent, on Front street had been cleaned up at the very top quo tatlons. Jffaval Oranges Are Short. There are very few naval oranges in the local markets at ' the present tlm. -the SWCKS oeing connnen wy practically to a few boxes or ro. u s. Mediterranean Sweets are In large sup- Plenty of Haw Onions. There are plenty of new California red onions in the markets, ana as an arlv atock is tiara to Keep, neaiers are aelllng slightly under quotations in or der to move. Old stock Is fast disap pearing and quotations are nominal. OooA. Prospects of a Flood. The prospects for a flood are ex cellent, according, to oia-umers on Ktont street, and they are taking time by the forelock and preparing to move to higher quarters , on a moment's no tice; The flood scare Is also causing ft sag in business operations. " The report of various dealers in hop pn the poor -condition of the hop mar ket has not f aged the holders of stocks and they are still . determined to hold until the market reaches at least the ,26;cent level. "This talK aoout a poor market Is -jkll bosh," says McKlnley Mitchell, one of the principal movers In the hop pool recently organised among OregonvWashington, jjolders of IDOf's. "We have Inside information on the (condition of the markets and we are going to hold for a rise. - I think it will be but a-short time before the holders of- stocks and intending pur chasers will get together and oome to 'some .agreement The condition of the memei is very sausraciory 10 me. a have positive proof that bona, fid offers of 13 cents have been refused." . .? Today's quotations, as revised, are aa 1 roiTLAVD WKOLEIALX faUOIi.' I Gil WATERS A ' LOSS TO TRADE Ingly High River Hard Blow to Commission Men. , Oraia, Flour aad JessY. . Wheat Wall WaUa, Toe; bluraUm, 71970c; Valley. T8o. , - . , Burl?? FMd. S2I.0O: rolled, 2J.0O 0u So. i white, 11.17 ft 4U-20; gray, 11.18 tSr. Kansas f City ( Stockyards Put JSTX& Put of Business by Exceed- 137.00; ahorta. chop. IIS.IW. , Hr Tlmothr, ftAOOttlS.OO; cloTor, 1.009 "Hope, Weal aa Hieae. Hopa aoyWH lot cbukei 1U0S eoutraets, VulVallrr 1Btlc. enaN; madlnm to fair. 101OMis Ana. lSHbllTVdc; F.aitaro Ore- auik ltltLlHtr. Muhelr. MmlnaL 87tl30. snpeaina HUaarltiir, l,itiuc; ajwrt wool 22&zZJc: medium wauL SOe: iuua wool. SUctl Tallow Prima: Mr rk iUAte: No. 1 and gii-itpy.- itrrsi nr. 1 '-f Hldea Dry bldae. Nn. I. 16 poenda and P, naby,e iwr n. dry kip. No. 1. 6 to IS Iba. 13r; dry ealf. No. 1, ondrr the. IBHe; dry aaltrd. holla and ataira. l- laa than dry Alnti aaltod hid, etear, aound, 00 pound or ever. THfeatoei M to 0 IDe, TUttSe- endar M ITm and eowa. It: etaaa and Bulla, sound, (if 6t4: kin. aound. 19 to 80 toe, To: found. JO U 14 id. Te; calf, aound. ander 10 roe. se; rre (unaaiteo) Estimated Damage to Packing v Concerns Will Reach at Least $5,000,000 Other Mar kets Are Benefited, IMMENSE v MM AGE TO WHEAT CROP Ne'aly All: Sections Show Full ; Blooms' French Yield About destroyed, "! (By 0oif B. Z,ongan. KANSAS C'TV, June 11. The Kansas City live stock' market has received tm ik ku! xiiia la Th Uea: Bored I soma arood hard blowa in tha last waak. hidM. saitrd. eerb. I1.2R31J8; dry, aach. i.oo but none from which it will be unable wi.wi; coica nio. arn. n aridllv racnvbr it nr.r.t tha common, earh, lOQlCc; Aogora, wttb wool on. eacB, iiociaat.uv. a Butter, Zft aad Pevltrr. Bntter Rxtraa. 22c. rreamerr. 2ia22We; dairy, 1HH lBv; atora, 18 He. trite rrn irrn, JSHO. CbMea Full eram. twin. lMe: Toon American.- 18QlHc; Eaitarn, 16Ql?e; Cali fornia. 15c. Pooltrr Chlckena. m Ud. 10HO12V4C par IB; bana. l2V4r; rooater. 10c per lb: brollera. 20tf(22Uc lb; fryere. iniUOr lb; durkf. UHi UMiC lit; seme. He lb; turkey, lira, IS 17c; dreaied 18019c. Orocenei, pnt. Eta. gneir "Sack baala."' cub. IS.7TU: powd ered, dry franalated, I5 62V4; extra u, S3.UVM,; uouen v. sa.uxva: oarreia. lue, barrela, 25c; boxes, Me adeanca- oa aack baala, leea 2ftc per cwt (or caab. 16 day; maple. Hit loc id. t Honey lSQlSc r frame. ' Coffre Oreen Uoctaa. 21 41 tic: Java, fancy, Sei332c: J era. ood. 20 (8 Sic; JTa. ordinary. Id (taoc; CoeU Blca. fancy. lUQWc; uoau "lea. market here is dead. The flood, from which all Kansas, Iowa and Missouri, and especially Kansas City, hss suffered, has stopped the receipt of all livestock. There were aeveral cara of sheep and cattle loaded at tha beginning of this week to go to th range and there were a few hoga and sheep sent away. Tncso were all in th yards' during' the flood and for a week were wlfl-.out food. They were up in the viaducts- and escaped. Harks. Opana Host Weak. The market her will open next week, it Is believed, with a fair run of cattle, mostly from Western Kansas, far enough away to be undamaged by the floods, but close enough to be in touch with th recovery of the market This stock that will be consigned to k. Vno nt will k mn.l V l-rbmbr that I, controlled by the Kansas SALEM, June 11. The weather has been very - favorable fur the prune orchards, 'and there was generally ti Along' the Santa Fe Railroad rhTaSioTo? 5 or Over 600 Mi es the Loss frCrop"ro. Zul 117. Will Be VerV neaVV lOO ,lbljr record-breaker. The time haa HI Lid' passed when there Is any danger of MUCn MOISlUrei damag being done to the young fruit by frosts, and growers are Juqllant over the prospects. Some of them say they he... - i v, . . . . i .... 1 1 . . f a f 111 ft I ( uwvi mviviv ma tt mc lines t, iicuvuy Every Low Spot Covered Withl,oIed' nd c"matc conditions so Tha prospects are excellent for good prices on the cured fruit, and the pro ducers are likely to be strictly ."In it" this season. The surplus on hand has been about all consumed, so there will be none to carry over and weaken the market. The French crop Is practically (Special permlaslon of Bolton, dc Ruyter A Co.) I destroyed and as they are the largest CHICKJO, June 11. The Record- consumers of this wholesome fruit in Herald says: "For 600 miles along the the world, they will be compelled to Im- Santa Fe there are evidences of damage port large quantities. Their Importa- of crops from recent flood," says H.IS. tions from Oregon last season made Peters who waa back from Callforftlf quite an item in the market and as yesterday: "From Dodge City, Kan., they were very well supplied, and have aa far east as Illinois, one sees unlnter- already been making arrangements to rupted evidence of excessive moisture buy in this market. It is reaaonable to this season - on the crops. Every low suppose that they will call on Oregon spot , showa water. Field that have to fill 'the deficiency caused by their tile Flood Tide Small Lots of Cash Wheat Sell at Ad vanced Quotations. . held water show the signs of saturation, Each little rainfall stands on the sur face. There is "no such thing as work ing in all this territory except on the fields in the uplands. Wheat that has been covered with water is balanced and is probably dead. The Holds are per fectly white, Damag Zs Vast. On can not conceive of the extraor- failure of crop. CATTLE AT LOW PRICE BEAR CLIQUE ORGANIZED CHICAGO, June 11. The Chronicle says: President Thomson of the R, Ji. C. !Co. says that the usual custom of .lasulng the half-yearly statement, of earnings will be followed out. The half yenr ends with this montih, ai),i the figures will be ready about July 1 for the net earn ings. It Is thought It will be about IJ.OQO.oeo. or practlcully the same us of the six months crtdlng with lFt Jan uary. A prominent Standrml oil Inter est sitys: "The moat powerful hear clique ever organized H now ut work In the stock market. Thf-y have made a great deal of money and urc very dar ing, but they have been sdlm stocks into a bag. The recent drop in prices has discounted a. very gre:.t deal of bad news. If all utocks that ure now being loaned by the powerful intercuts In Wall street were suddenly c tiled In there would be r genuine ben:- panic." HOGS': FIVjtCEfjTS IjlQHER CHICAGO. June ItReeetp'ta' "today of livestdck in. the prhmlpoi pucklug centers of the country w re:- - ' -' ,v "' ' V HM Cattl' Sheep Ohlrago.... .I0. 10.0011 t.Qua Kansas City. 5,000 109 ,.. Omaha g.000 , ,00 'l.JOtt Hogs openedy i cents' higher with I.sQO left over from ytwterday. net-eipts a year ago were 34.000. Ruling titiota tlons are: . Mixed. 3.00i;0.40; rood. tt.3S(;l.;B; rough, iSHOf5.62; light. 5.80.U. Cattle and sheep -gtrong. COTTON IS LOWER LIVERPOOL, June 11. 2 p. m. Cot ton futures are now quiet nt 10 points decline on Summer, S on full vw 4 t S down on winter optlnnn I'rum yester day's close. An excited mid lower mar ket Is looked for. Preferred Stock Canned Ooo-".t. Allen Hi Lewis' Dent Ilrand. riBIAKCIAI,. Ladd & Tilton, Bankers K'Jtuljllshi'cI in syj. H IS nut; I.lun. I1L1S Hit; Cordon. 111. 11. City commission house through loan. Teaa Colons, different trade. SSre; Gun- ft la to the ad van t ure. of course, of tho men to help th. receipts 'pan, SoQOOc; iniea Japan, vary aearc. oQ along as fast as possible right at this lime, aii tne pacaingnnuses nere al located in the west bottoms near the Japan, eoc. Rait Bales. 2a. S. a. Ea. 10a. 12.10: One Uble. dairy, (Me, S8c; 100a, Tic; imported Ut erpool, 60e. 45c; loua. 8f)c; 224e. fl.8A. Bait worceater tall. douc. now. m, eo.uu; Worceeter. 144) 2a. SS.OOi Worceetef. 100 8a. SS.oO; WorceateY, SO 6a, 15.25; SOlO. (5.00; Halt Cnarea. Dair rrouna l""a, per ion, stockyards. - All of the west bottom were flooded by the big rise that came down the Kaw or Kansas River snd the packinghouses were up to the top o the first stories in water. However, vmisB, us 1 1 iivuiiui a , m ' i ---- SU.U0; AOa. per ton. 114. BQ? Liverpool, lump, Armour and Cudahy will.be killing by sriiio the end of this week and Swift probably n.r.i,M. as TRiae no m. 100 for before that time Schwartschild ft Suls- btirger, the ' Fowler plant, Ruddy Grain Bamv Calcutta, f5.T6Q6.00 per 100 for 1, 6c; No. 2, 36-2Wc; 2.e0; Auauat deMrery. lllce lmDerlal Japan. 644c: New Orlrana bead Breakfaat Food lYemlum No. Sc. Force. 24.60: H-0 oata. S3.16. Salmon Columbia tUrer. 1-Ib Ulla. II. TO; 2 It) talii, $2.40: faooy. 1-R data. $1.86: H-!b Brothers and other small packers will be kilting next week. Peckers Buffer Ihs The livestock Interests and the pack fancy Data, $1.20; Xiakka talli. plnt. 'soc; red. I itigheusos suffered great losses from the $1.26: 2-Ib ulla, $2.00. flood. , It Is almost impossible to estl Coal Oil-Caaea. 22c Par fal: tanka Water te , dollar, the inJury jone. For hlte, iron bbla. 16Hc. wooden. 18c; Head- , .!,. .,i,,h. a Whit llaht. caaea. 24c. iron bbla, lTftc; faaollue, iron bbla 22c-, caaea 28 Sic. two weeks the stockyards have done practically no business and the packers Llnaeed Oil Pare raw; In bbla. 62c; genuine Blg0 have been shut down. It was fol kettle, boiled, caaea 60c. bbla. 64c; pure raw. In raaea 67c; genuine kettle In caaea, 69c. Beualne 63 de(, caaea, caaea. 22c; iron bbla, 15 Uc. Gaaollne 86 deg, caaea. 28Hc; iron bbla. 22c. Turpentine lu raaea. Toe: wood bbla, OOVic; Iron bbla, 4c; 10-lb caae lota. Btfc tunate that the flood came Saturday night and Sunday. Those days the yards were almost f fee of cattle as com pared to any other day. While the river was high Saturday evening when the Beana Bmall ' wblte. 44e: Urge white, market closed, mere was no aimcuuy $S.8ft&4 no; pink, $3.76(23.10; bayou, 4NVic; In moving stock. Saturday night the 'VlJriit'- , . nk Kaw came up at the rate of a foot an Tobacco riug cut amoklng. 1, 3, Z pack- . r a.,a nr., .a ih-Dmi nf North Hemline. Tie lb: Haa. hour and all day 8unday the flood tiff, 68 lb: Dixie Queen. 41c lt; Bed Bell, 3c waters rolled up over the bottoms to m; r-edro. ooc io;uoiaen ocepier. ii.io id; one tne bluffs on which the city's retail ffTSie ffiaiSSS: VrhrfrS.: houses and the resident part of the town tab Curre Cut. 7 4c B): Maryland Club. Tic lb; Is located. The flood buried the stock Mall Pouch, 38c lb: Tale filature, $1.40 lb. yards In 20 feet of water. The first iDo.ourvinBi.,iiu . '"!,''. oor of the exchange, which is partly a basement, was ftliid trih water and--all Koear Head, 43c lb; Rtar, 44e Tb. Fine Cot the stockyards railroad omces wero CbewiDg uolaen. Thread, est .; r aat nail, ut caurht. tb. Fruit aad TegaUUaa. Potatnea 4&465c; new, $1.60 aark. """OhWaa WegoT, -WCT5C, - boyer' - prlcea; local $1.0UU1.2S; garlic, Q7e lb; Caltforula, new rede. fl.VO. Feah Krulta Apnlea. fancy, Oregon, $1.60g 2.00; eooktug: P0c(i$1.00 box; Oraugea. nareie, $2.6ti(u:.no; Mediterranean aweeta, 2.50fa3.OO; California tangerine, $1.00421.26 box; ha muli. $2 2S(U3.60 bnncb; Dc Tb; atrawberriea. When the water stopped rising it waa.IO feet jieep upon, the main Jloor. of the exchange building. The Interstate National Bank and the Stockyards Bank of Commerce were flooded to the celling. The horse and mule barns and the nu merous hotels which surround the yards vera filled with water that was 20 feet oregun. ,54$f.6() crate; cherrlea, t$l.oo lo-lb deep Karjy Sunday the owners of stock boa; gooeebcrrtea, 4M6c lb; apricote. ;$1.28 L, .,,f. .k.iv. rw. man, James Llngate of Minnesota, had crate: lemona. S4.00flt3.00. Vegetablee Turnlpa, $1.00 aack; carrota, $1.60; beet, $1.60 per sack; . radlabea, per do; cabbage, California, 2c IT); lettuce, -bead, 26c per dos; bothouae, $1.25 box: green peppera, 40c tb; boraeradlab. 8c lb: celery, $1.00 dot: beana, ttrtng, l()c lb: aaparagua, $1.16 per " box; rbu barb, Uc It; tomatoea, $2.60 per 4-haaket etatc paranlpa, $1.75; plueapplca, $5.00 do; peaa, 6c rui-umoera. ei.ou dox. Dried Frulta Apples, eraporated lb; aprlcota, 7U,fjlOc Tb; peach ta, 69c lb French. 364 He lb; flga, California blacks, 6 tittle: an. wnite, tmbmc m: piuma, pitteo, oa Be; ralalna. aeeaea, rancy l-io cartona, oo pack aaea to caae, SMc pkg; aeeded, 12-oa cartona. tVld iooa Uoaeatellea, 60 lb boxea, 64B7c tb: London layera, $1.750,2.00. N'ata Peanuta, 6iij7c per lb for raw, PQlOc for roasted; cocoanuta, MSQftOc per dos; wal nuta, 14U4H6C per lb; pine nuta, lo 12 Mr c per ro; nicaory nuta. oc per id; cneatnuta, Gaaterr., 15016c per lb; Braxil not, 16c per lb; Alberta, lo'ff loc per id: taney pecana, ug loc per TO; aimonda, n Alloc per id. Mast and PaTlilon. Fresh Meat Beef, prime. He for unln speeteu, Inapevted bulla, unluapected, 6 (((Uc, lnapeciea oc: eowa, nuinapectea u($uc, lnapwted 7c; pork, uiiluapevted TttTtfec, lu lected, TViC; eal, TM7Mic; mutton, dreased, r,u.f,i,ric: lfiniha. dreaaedT Tfase. Hnnia. BacoD, Etc Portland pack (local) bama, iu to 14 ioa, iac; i to 10 id, 14c; brcakrast oacou, jotuivv; picuica, iic; cottage, llVic; aalted aidea. 12c lb; amokvd aldea, 134c; dry -aalted backa, ll'kc; bacon backa, 12,c; butta, aalted, Dc: amoked, lOHc lb. Eaxtern-nacked Hama Under 14 Iba. lBHc: ore 14 lbs, 14c; fancy, 16c; plcnlc,Uc; ehouldera. llMc; dry aalted aldea, unamoked. I2ric; breaktaat bacon, 15VtgleUC; fancy. lvjc; Dutta, iittaiic. Local Lard Kettle leaf, 10a, 12Hc; 6a. 1214c: 60-Ri tlna, 12kc; a team rendered, 10a, lltac; jvi, im; oua, iJVjc; compouna nercea, o TTilia. sWc. " Eaatern Lard Kettle leal, iu-n tlna. izhc; 5a, 12Hc; 60-16 tlua, lc; ateam rendered, lua. 13c; 60a, HVic. AboTa uacklug bouaa prlcea are net caah. 15 dare. Hah Ro'.k cod, Tc; floun.lera, be; halibut. 5c, ling cod, Tc; craba, $1.5t) dos; raxor clama. He- doai-atrlped baa, 12Mic; aalmon, Sc; aolea. 8c; k)Uatera, loc; ahrlmpa, ruget Bound, ic; eutllKli. uc tb- Pneet tiouud herring. 4c lb: shad. 3c lb; alWer auelt, 5c. LOCAL STOCK MARKET PORTLAND UNION STOCKYARDS. June 11. Today's receipts at the-local yards consisted of 400 hogs and 300 sheep. All stocks, are weak. Ruling quotations are: Cattle Best, $4,003 4.50; medium, $3.764.0O. Hogs Weak. 65V4c. Sheep Weak, 3c. ' - Lambs Weak, 33'ic. ENGLISH WHEAT. IMPORTS CHICAGO, June "ll. The views of BroomhaU on wheat futures are given by C. F. Bond, his American representa tive, who Is Just back from Liverpool, as follows: "Europe has been import ing wheiU at the rate of $,000,000 bush els per Week,, and is exporting to Euro pean countries at the rat of 1,600.000 bushels per week. So far aa one can judge this state of things la likely to continue for the next few months. SO cara of yearlings In the yards which he did not have -time to remove. They were driven upon the sheep viaducts and there left to weather the flood as best they might. Many of them drowned., while many died from the lack of feed and from being crowded. mivr Begins to Pall. Monday the river began falling and went down at the rate of two feet a day. Boats were hired and the packing companies and the stockyards began to get ready for business. Last Saturday and Sunday the bottoms began to be al most clear of water. Monday ,of this week the last of the flood waa draining off the yards and pens and water troughs were being put in shape for business. Z.OSS $5,000,000. .It Is estimated that $5,000,000 will not more than cover the loss to the packers and the stockyard Interests. When the flood went down the stockyards were covered with dead cattle, sheep and hogs. These were speedily removed. Many of the commission Arms lost their books and valuable papers. Books and papers in safes were so blotted by the flood waters that they were not read able. The commission men stood upon the bluffs two miles away from the yard and saw their books ruined, unable to get to them. Sunday and Monday' It took staunch boats to live in the terri ble currents that were running down streets and between big houses, into , deep sewers and under viaducts. The markets in the surrounding cities benefited as a result of the floods. The Chicago market ruled on cattle nearly 50 cents higher than the week before. and the St. Joseph and' Omaha markets were up 35 cents. HogS and sheep showed corresponding high prices. St. Louis was practically cut off from the West and cattle and sheep receipts were small. This week the flood has swamped the East St. Louis yards and It will be several weeks before St . Louis is in shape for business. ' ?!Iyw.. 'ITRLF 2? through carstens Bros, of Seattle on Monday th W.trn valley. Th. Prlnc. and four carloa(J, yellterday. He,als Pendleton Shippers Complain of Condi tion of th Market southern Cat tle Has Influence on Price. PKNDLETON, June 11. Fred Phil lips shipped five carloads of cattle to y iiu tuvereu aucn a vaai territory im r. ,....h ,i,k hh t effect on crops must be very great be deiivred at Kenwlck on the loth of The' mere.' mention of a premium I. hi. n,nth which millers are paying for small lots pnllr nf r.r. hn.mhi r,f of cash wheat suggests an unusually Rinehart. three of Brlgham and two of strong cash situation. There has been Roach Bros.; some were also purchased paid of late for small lots of No. 1 from Cuntxler. This Is the shipment of Northern 2 cents over the July price Monday and yesterday, snd for small lots of No. 3 red wheat The stock market, both aa rea-ards cents over July, but the figures are cattle and hogs, has almost hit the bot- not a fair criterion of the cash market, torn of the price bucket. Some of the The business doing 11 in only small lots, stock bought In the recent sales only There Is no shipping Inquiry at any brought $4.36 as a top figure, and around such prices. The large handlers of this figure It hovers above and below, cash grain here report the Eastern bids as the condition of the cattle .varies, not within two cents of what Is being Only a month or less ago the quotation obtained for the small retail lots re- scaled from $4.25 to $4.76, and cattle quired by the local millers. The East Is were scarce at that. Now all kinds of offering wheat also under this milling stock can be bought at $4.264.36. basis and those who have grain in the Influenced by Importation. East, either No. 1 Northern or No. 2 This fact is due in areat measure to Red, find they cannot get relatively the lmDortatlon of Southern beef to fill over 1 cent over July for the No. 1 the shortage. ""Perhaps a month ago Northern, and cannot get equivalent to there may have been a shortage, or at INTEREST ALLOWED ON TIME DEPOSITS. Collecf1nn rnudo at iill jifliita oh farnrnble trrtn. l.cltei-K o? rrrdlt lued OTnllnl.le In Euroi'O end nil point In tie lulled Htatea. I flight exchange and telegraphic trunafere aold tu Kuw York. WjlilntUiu. (hlcatfo, til. Loula, I'enrer. Oranha. Mnn Kranclaco and Mull taua and Drltlah C'olnnihf ,i. REAL ESTATE TRANSFERS Wm. C. Brown and wife t' J. J. Kenny. lota 21. 21, Mk 12, I"unt i.l.u- Villa Annex $ 130 Klrat Natlonul II. nV of I'nrtli.iul to Hear , Xelgert. uctt put K'i NW1. Sue. 20. Twp. ) It. 1 K.. JU ocrea 1,500 II. T. Ilndenn to hVJxwl IHstrlet No. 1, Ma 1. 2, Mk 1. I.latmie Tnn-t.t .. 1.IOO C. (I. iMliK'in et nl, to ami.e, lot 5.' hlk 1, an me , Robert Cntllii nilinlniati'iiti T to I.. ('. ; i-c-i ii. 1,1k H, Jiimin Ji lin n l. t udil. to Altlllll! Nelanii W. nowluiul :'..nl wilt- to I!. 1. nnfnrrl. M.fl.'t rerr'a Her. If). Twp. 1 H., It. 3 K P. J. Snnfopl i 1 nlfe to II. II. Mcklu- aoii. Htinie Nelnoii IV. l.ouli'U'1 mi'l ! If.' i,i I: T. NiuHonl. ;3 nerea. P.-c 1.1. T . n I S. It. .1 P. M. C.ii?r"Te to Fit'varl hn..n . t al.. l"t 12 lo I V Id!; Cl'i.-. r.l.ile Tr o I . I). I'. It.ii to rt.'lw-rt l:.n. iiillTliled j - lot ".'ii. 1,1k 2. lot (!. I.Ik I.-!, lot 23. h!! ll Illghlimd Turk F'ortl'ind I.oi.e I'll- Ceinetcrv i nnmnni- to IliiBll Mi-niiey. S'i li t Mk 36. t.nne 1'lr remrterr H.in thorne Kntnte to Ilora' and fllrla' Aid aoeletr. lot 1. Mk 0. York KMen KcllilorPotl to I-V1U Mliatllre t4j I'TM :i. 4. Mk 22. MeVlllen.a ail'l Richard Tuloni nml wife to Ram Wodtlr. lot .1. hlK I. Vcrt...-- add t.lVI Ilyrmi 7.. Unimex to Caroline W. Watta. lmx1iM) fei-t Twcnty-flrat ami Flandera. R..V0 300 600 ft .1 n 400 1.2"0 POK OUARAWTEXD TITtEO fee Poclflc Const Abslrnct. Ouernnty A Trust Co.. 204-D-8-7 l-'nlllng Building. the July price for the No. 2 Red. Chang in lntlmnt. The sentiment Is showing some change .in the provision crowd. The packers are reporting Improvement In the demand for meats. The mood is influenced most, however, by theories as to the hog movement. Receipts have leas-t the--growers- 6Ta--frot-erriitIvr-rhe!r stock ready for the buyer, hence the market kicked the beam. The buyers did not feel Justified In psylng the prices asked and went elsewhere. , They bought cheap cattle In California.' Texas and even In New Mexico and Indian Terri tory, and shipped them In. The hole in the demand was filled and naturally the TCxchar.c;c enld Frankfort. Hong and -Honolulu. on Lot.don. Tarta, Kong, Yokohama, rterlln. Manila 1 - Get your title Insurance and abstracts.. to real estate rrom tne t Truat Co li Ouarante' Clmmher nf Cemmwce. 1TXW TOUAT. United States Nat'l Bank OF PORTLAND OREGON. NORTHWEST COR. THIRD AND OAX STS. TRANSACTS A GENERAL BANKING BUSINESS. DRAFTS ISSUED Arallabla In all cities ef tha United Elates and Europe, Hong Kong and Manila. Collections Made on Favorable Terms President T. C. AIXHWORTiT Vlce-l'realdent W. R. YHIl Aaalatant Cannier R. W. BCUMKRR Aaetatant Caahler A. M. WKIOHT LONDON & SAN FRANCISCO BANK, LIMITED. CHAMBER OF COMMERCE BUILDING, THIRD AND STARK STREETS. Deen mucn smaller or late and tne nog prce in the local market fell. Or It price Is up K cent from the bottom of ma-ht be that the Oreaon producers saw a week ago. There Is an Idea the hog that thev could not hold out analnst the break, almost two cents a pound, finally cheap beef of the South, and decided to went so far the farmer was not disposed let their stock go for what was offered to sen. -mere is also the Deiier the de- instead of tryins: to force the market layed farm work will delay th usual But whatever the reason, the market June run of hogs.. At any rate the Is low. and all the buyers have no dlffi theories in regard to hogs have led to culty In filling their orders some Important coverings of short prod- The cattle, too. are in good condition. uct and to a rather Arm provision mar- There is a large number of growers ket. who have fed hay until grass came, and "Tne Armour beoDTe "were " doTns- 'so tflen "ffned?"theirrferd ' bW'ofT green many thlnas in corn vesterdav oDenlv ranges to nnisn ror mantel, as a re- there was no telling what their purpose suit, the beef Is fat and sweet, and in was, but the corn scalper was very cer- 8a depiand. iut tney waited too long tain the purpose of all the mystiflea- "et the PrJces out or tne branches or tlons. the buytaa- and the eelllna- wan -to the market- tree; they are sproutingjiow accumulate, nomfl corn for the Sentem. down in me reach or ail. ber delivery through brokers and com mission people. On that theory, most of the corn scalpers took the buying side yesterday. A FEW OF THE MANY Snaps in City Real Estate Offered by Lewis & Clark Real Estate Co. S53 Werocstex Block. $3700 8-rootn house, with full lot. close In. Holladay's Add. 6300 8-room house, with '4 block; ev J erythlng modern and new; Hol laday's Add. 33900 6 rooms and reception hall, car pets and so on, go with place; one lot; splendid location. 2250 For 6-room cottage,, on two car lines; fine grounds, new build ings. We have lots and houses on monthly payments, prices and terms that are right. Also choice lots in all parts of the city on good terms. Exceptionally fine residence property in Holladay'e Aaaiiion. Head Offlce-t-66 Old Broad atreet. London. letters ii r rrat I r v 1 1 u F 1 1 f, ir tr a v.i nr. .nil - - for the purrhaae of tnerchandlee in hut flty of the world. Den la 'n fcreUn and dimijit!e eichangr. ' Interest Paid pn Time Deposits. W. A. M AClt.VK, Manager. Merchants National Bank PORTLAND, OdEOON. J. frank Wataon.... Ii, I,, llurhain. ...... . It. W. Hoyt...... ... Oeo. W. Hoyt . ., President . . , . Vlee-PreIO"iit Ceahler .Aaalatant Caattler Transacts a General Banking Basin. Drafts and letrra of credit leaned reliable to all (art of the world Collecllona a apeclaltr. Gold dint lionalit. WHEAT IS NOT SO BAD Sang of Chicago Marketa, (Special permlaalon of Bolton, de Rujter A Co.) CHICAGO, June 11. The markets ranged as follows : High. Open. Wheat- July ....$00,761 Hept IS1 Corn- July .... Hept. ... Oata July .... Sept. ... I'ork July .... Sept. ... Lard ulr .... Sept. ... Rib July .... Kept. ... $00.78 .Ti Low, 00.75K .12 Close. $00.764 .72 .4S .4H .47 .48 .47 .47 .47 1 .30 .37 .38 .87 .33 .33 .33 .83 17. OS 17.10 17. OS 17.02 16.00 18 90 18.80 18. SO 8.00 8.95 S.no 8.90 9.00 9.02 9.00 9.02 9.40 9.40 '9.36 9.37 0.32 0.33 9.30 9.32 Oleartnf Bona Beport. The Portland clearing house report for yesterday shows; Exchanges ... ... ,V. ..... .IS74.SIS.83 Dalances .;.... ..i. .,...$!$, 371.8$ RAINS IN THE EAST CHICAGO, June 11. The weather map shows - further rains In the East, where they are needed, and fine weather with low temperatures in the West and Northwest. Light frosts seem to have been quite general in Iowa, Nebraska and the Northwest. The ef fect of the government report Is usually temporary. With light stocks of wheat. however, cash wheat Is. at a premium everywhere and the new crop ' move ment is likely to be late, materially lower prices are not probable. Corn will continue to be a weather market for the time being. Delayed planting makes a delayed movement from farmers' hands. The demand is fair. The government report on oata is . probably no worse thsn had been expected and possibly a little better. There la plenty of time for the crop conditions to Improve, The packers report a little better cash de mand .for provistolns. Th movement of hogs is interfered with by the floods in the West." LONDON RAIL STOCKS LONDON, June 11. 2 p. m. Ana conda, declined 2; Atchison, advanced ; preferred, advanced : Baltimore & Ohio, advanced 1; Chicago & Alton, advanced 1 ; Chicago, Burlington & Qulncy, advanced ; St. Paul, advanced ; Denver, preferred, advanced ; Erie, advanced ; first, advanced ; Illinois Central, advanced 1 ; Louisville & Nashville, advanced ; Mexican Central, unchanged; Mexican National, un changed; Missouri, Kansas & Texas, ad vanced 1 ; New York Central, ad vanced 1 ; Ontario & Western, advanced ; Northern, advanced 1 ; Pennsyl vania, advanced ; Reading, advanced ; first, advanced ; Southern Pa cific, advanced 14; preferred, advanced Union Paolflc, advanced 1 ; pre ferred, advanced ; United States Steel, advanoed H ; preferred, advanced ; Wabash, advanced ; preferred, ad vanced ; Consols, 90, advanced 3-1 g'. Preferred Stock Canned a cods, Allen 4k Lwls' Best Brand. Grain Condition. CHICAGO, June 11. Price Current says: ("Winter wheat Is showing a wider divergence In condition but dete rioration Is apparently about checked, though Is still slightly above the aver age. Corn acreage Is probably S per cent less than last year. The early planted Is generally In good stand, but still below the average. Hay Is improv ing some. Hog packing was 420,000 against 495,000 last year. JULY WHEAT ADVANCED LIVERPOOL. June 11. Opening: Wheal July, 6-3 H., V up. Corn July, 4-7, unchanged. 1:30 p. m.: Wheat September, 6-3H. 4 up. 'Corn July. 4-7, unchanged. NEW YORK STOCKS. NEW YORK. June 11. There is gen eral improvement in" the stock market today. ZxtenslT Traylr Says th Conditions Are Talr Th Samag West of randleton la Znunana. PENDLETON,? June 11. N. T. Conk- lln, who travels extensively throughout the county, declares that there Is no 'assured crop failures" In the wheat belt of this county, speaking especially of the northern and northeastern part of the county at this time. The entire wheat district needs rain, but the crop is not in any Immediate danger. Directly west of Pendleton the out look is less favorable. In fact, much of, .the wheat Is hardly worth cutting for hay. The prospect on an average is dubious in the southern and south western portions of the county,, where the drought has been more severe than elsewhere, beyond any doubt. There are some good fields of grain in those, portions of the county, but they are scarce. A railroad man who owns land In the southern part of the county Informs Mr. Conklln that there is every evidence that the drought Is more severe from Dayton to Walla Walla than from Walla Walla to Pendleton. Other travel ing men declare that the drought Is worse all the way from Walla Walla to Spokane than from Walla Walla south. Weather Will D tannin. J. II. King of North Cold Spring, who was In the city yesterday, avers that winter wheat In that country will yield SO bushels per acre on an aver age, even should there be no more-rain, provided there are no hot winds. Plenty of rain from now on. well distributed, would make almost a full crop. .'Mr. King has in 480 acres of winter wheat, of which he predicts as above. He also has In 45 acres of barley, which he be lieves,, will make 60 bushela per acre as against 65 bushels per acre for each of the past two years. MORRIS BROS & CHRISTEN5EN ..:.;..'.'.j.-.-;'..r:..' gueeewwVr' 4' ".' j..':".""," MORRIS WHITEHEAD, BANKERS. FIRST AND AI.DER STREETS, PORTLAND, 00. BSTEBEirCBS. Ladd A Tilton. Portland; V: 8. National Bank, Portland; Bank ef California. Nan Kran claco; Crocker-Woolworth National Bank, San Krauciaco. . Bolton, deRuyter & Co. MEMBBM. Chicago Board of Trade, San Franclaco Pro duce ttxehange, Ban Franclaco Stock and Bond bachange. Look Here,... Law la ai Clark Beal Batata be. can sell your property. ' If you desire to self, place it in their hands at once. We handle farm, ranch and timber lands, and make a specialty of city real -estate. See us before buying or selling. X&WXS $1 CX.ABK BBAX. EBTATB OO., SS3 Worostr Block. HOMES ON EASy PAYMENTS Froth "5 to t R0om "fl,050 to 3,000. - A. T. MYERS & CO. 814 Chamber of Commarc Bldg. BRONAUGH'S ADDITION 1E0AL NOTICE. Q RAIN, PROVISIONS, ST B0ND5 and COTTON. r6c KS, San Franciaeo Offloe 490 California St. 10$ THIRD ST. PORTLAND OR San Iranolaoo Wheat. SAN FRANCISCO. June 11.-11:30 session December wheat, 1.32. xarerpool Wheat Xiowcr. LIVERPOOL. June 11. Wheat opened "quiet to S centimes lower, and flour S cents lower. NEW YORK GOSSIP NEW YORK, . June 11. The govern ment crop report for May is commented on as a disappointing ehOwingAbut up far as the stock market is concerned some of the largest operators believe it has been fully discounted. The point j Is made that despite the lowering of : the winter wheat condition the report points to an enormous crop niu! at the same time, too, suggests a fair yield of corp. barring, ' of course, on early frost. Hence there is a disposition to regard the adverse features of the crop report as- a factor of little immediate importance, since tho low prices at , which stocks have sold the past (.day I or two discount, In the opinion of many observers, a serious shortage In the gen- i eral harvest. Discussion of the market i last night gives the impression that ! houses which were the principal sellers I on yesterday's declines were forced to I sell owing to the calling of loans by the ! banks. It is understood in well-informed cirrjes that one of these concerns has been issuing bearish letters dally for some time past in order to create the beltefVthat its offerings were for short account. The inconsistency ' -of this firm's attitude Is said to be explained MOBTOAOB X.OABS at Lowest Bates. nrsuBAHOB nr ax.& lives. BBAX ESTATE. A. H. BIRRELL Formerly of MacMastsr at Birr all. REAL KSTATE. (iKNRRAL INSURANCE AMI FINANCIAL A(JEM'Y 803-4 McKay Building, Third and Stark. Phone, Main 132. MORTGAGE LOANS On Portland rent eatate nt loweet ratea. Title inauri'd. Alwtncts fiirnlsbcl. Title Guarantee & Trust Co. 1 Chamber of Commerce. JTOTICE SALARIED PEOPLE Do you need moner oefore pay day? Call on u. Wc can advance money on your wagea on ahort notice. You j)ay back moutuly. aenji niontnlr cr v-eeklr. THE STAB LOAN CO., 210 McKay Flilg.. Third and Stark atn. MONET ADVANCED. Salaried people. toniaiUer. etc., without secur ity, enny payiaeuts; lurgeat boslue In 49 principal cltlra. TOLMAN, 223 Abington Bldg. MORTGAGE LOANS. On lmprori.il city ami fitrin property, at low ea: current ratra; lulldi):K 'lua in. I .u to llmeu t Iol:b. Wm, aracMastsr. ?1l W-rcifr 1.1,1. "- i""-""' " " - 1 "' Simpson & Co. House and Sign PAINTING Paper Hanging, Kalsomining STRICTLY UNION WORK 848 H T&titT ST. Phon. Clay 545. EKASTl 8 HAKTLETT ESTATE. Admlnlstra tor a notice of flnal account. Notice I hereby glTen that tho nnderaigned admin istrator, witn me win annexed, or th eatate of Eraatua Bartlett. devaaaed, 'ba Died In the office of the County Clerk of Multnomah County. Oregon, hla anal ac count and report aa auch administrator and that the County Court of the State of Ore- -aon, for the County of Multnomah, baa .aek : Monday, the XU day of June, 1903, at tb hour of 9:30 a. m., a th time aud tha County Court room of aald Court, is th City of Fortlaud. Oregon, aa tb place, for the hearing of any and all obWiUon to the allowance and Settlement of ld final account. FIrat publication May 21, 1903; teat pa-" Ucatloo Juna 18, 1903. WILLIAM M. KAPirS. Admntntrator, with the Will Annexed, of th Kit ate of Eraatua Bartlett, DecMaed. . Geo. W. Hasen, Attorney for AdmlngUrator. NOTICE la hereby glren that th annual meeting of the taxpayer of School iMa trlct No. 1, Multnomah County, Oregon, will he held In the School Clerk's olllee, City Hall, City of Portland, county aforeealil, on Monday, June 15. 1003, at 7:30 . at. The bualnoMi of the meeting will be to eon alder the' -rcporte of tha direct ore aud Clerk, and to lery a tax for the aupport and main t, 'nance of the schools of the -strict fur the cnaitlng year, aud tu dlapoea ef aucU other bualnesa aa may k-gally come before It. Bytorder of the board of director. It. WILLIAMS. Chairman Board of IX rector a. Attest H. R. ALLEN, Schoel Clerk. Pur t land, Oregon, June- 8. 1003. NOTICE la hereby given that th uuderalgt.ed have been appointed executrlcea of th last will and testament t,f Hugh Mcllrlov, deceased, by the County Court of the Htat of Oregon, for Multnomah Cotluty. AlL person li.'ivliix clulma Dgainst the estate of aald decessed aro reiiulrnd to preacnt thew. duly verified nlth pr,tf vouchors, tu.ua lj the law olflre of Miller A Miller, rovm fllll ' Commercial block, l'ortlaud, Oivkuii, wlllilu ylx months from the dute of the Tret null " Uciitiou of tills liwtlcu, which la May Ui, 100.1. Al)i;U..V M'PRIDE aud ilAUV 12. M'llUIDI1!. Executrlccs ef the Last Will mid Tvatatueut of Hugh McHrtde. Deeeascd, NOTICE Is hereby irlveu that tho annual elec tion of School District .No. 1, MultitotnaS onnty. Or.'ifon, will bo hold en jdoMdaj. J ine lo. Iilu3. The pulls n 111 -be vu-a ai '.' o'clock p. in., nnd close ut 0 u'cluvk P I;., on aald dy. The election Is for the pHt' Ho of electing on director fur the lernl oi five years. A list ef Judges nud tUrka, also polling place, 111 bo onuoniicid later. It. WlLLIAMsT Chalman Board of plreetar. At teat EL. 8. ALLEN. - School Clerk. IVrtlnnd. Oreron. Juno ,1. lOOPi, M0TI0X. i NOT1CB of Stockholder Meeting -Tha as. ti-iu 1 meeting ef . thy atucghulili-r of Every Woman laiaveircaiau ana anoaui aiww about the wooderfol MARVEL Whirling Spray The nawfsttaalSyrlay. Hftf turn ana ownie. ww-bii' at nou conTenieni, ntliiaia leaueiia. iatiyeaeiewltaeH, If be cannot supply th MAR'K1j. aeti.tno " ' ,r , otlier, bniena suvmi. foril- by tb fact, that it has always been tle TuatraM twok-MM.n ie 'f LbT.?Z: h " B lSlS.Ti-Bld,..K.wT.rt openly liquidate them. Tors. ajr. wqqsaso. mm CO. tk Oregon Iron A Bteel Cotupauy -will b beta) ' nt he offlca ot-tht ootuuauy. ruoiav BW !. kick Building, Portland, Orego. June , id. e offlca of tht ooniliauy. rooia 81W ! iuua. at 11 o'clock a. la, for In niirtio of vlectlng a board oi director' for lb enauimr tear,' and the tranaectlua ef , other -buslnaaa aa nut Ivgalljr ceia bafor . the icnotiag. A S. PATTt'LLO, Ttsr Portland. Or,. Way ,'.:.,-. DENTIST REMOVED TO LABHC l !-D?. X. B. Ccra ocrt't a t v-t:. - Over Sarnt i - . '- " Boon 4. iii 41, i i . . ,