THE! OREGON' SUNDAY JOURNAU PORTLAND, SUNDAY-; MORNINO,i AUGUST , 4, 1W.: '
2
I jl -'7: J-V
With the Trade .
IT
- DEAJLEES -WOULD BUY
HOP YABDS AT A SONG BY
CLEVEE MANIPULATION
BEST WHEAT d0P OF
PACIFIC vNOBTHWEST 13
NOW BEING HABYESTFJ)
FINANCIAL WORLD
THE
. ; Ufesf Market Reviews
ir
r
I Sup
IID OUTLOOK:
FOR THE YEAR
Wheat harvest even better
THAN WAS FIRST EXPECTED
Th wheat harvest la now In Aill
wing and latest reports from the crop
more than confirms all reports of the
T iA1tA,(n rSw r,Bl4 vJ?.r -roduced In the Paclflo
JJttLOUcsa VI VIU11U i iulo, jM.ry norinwesi. une best yields are shown
wn -rr a tt i ' - A n rail-sown wheat because of the pe
Wlll Ulirt ValUea Oil Ure- climatlo conditions. The sprfng
if m. iiuiv '""uw wheat, however, Is much better, than
gons Last oi beason.
expected and Is of superior quality. The
good yields are not confined to any one
oi-wun, oui are general tnrougnoui me
three states.
By Hyman H. Cohen.
Prospeota at this time tend very
tronglr toward suite low prices for
potatoes toward tha olose or the sea
son. Th free advice sjlven by raflous
San Francisco potato firm who want
to buy stocks a cheap a possible
CROP ABOVE THE AVERAGE.
Wallowa County Yield of Grain Said
to Be the Beat In Years.
(Special Dispatch to Tb Journal)
Enterprise. Or Aua. 1. Harvest In
to plant all the potatoes possible baa Wallowa county hM been commenced
been productive of Insuring one or the
largest crops of potatoes aver fathered
pAt present but little of the new crop Is
coming- in our, dt nexi wr more win
be thousands of bushels rolling In to be
stored In the warehouses for shipment.
Wheat buyers are now offering 68 cents
for No 1 wheat but no one Is selling
at that price.
It Is now estimated by conservative
grain men that Odessa will ship noriess
than 1.000.000 bushels of wheat thl
reason. Croos are very rood and
mrgi acreage is In. The weather Is
delightful and harvest work Is being
pushed by the Russian ana uerman rarnv
ura of this district
At Elmlra the big wheat harvest Is
on in good shape and at least io com
bined harvesters are busy cutting and
sacking the grain. The wheat Is of an
exoellent quality and will average not
leas than Zl bushels to the acre.
on the Paclflo COaaL
There la scarcely a section, save the
river dtstrlota of the Ban Joaquin and
Sajaamento In California, that does not
by cutting the first crop of alfalfa As
soon as this Is cared for the small grain
will be cut and stacked and in tha lat
ter part of next month a second crop of
alfalfa will be cut. By August 20,
threshing machines will be ready to
start aid It Is expected that It will be
nlse a larger crop of potatoes this late In the fall before they will have
STOCK HOLDERS
STILL HOLDING
Operations During July Do
not Lighten Their Bur
den of Securities
HARVESTING IN IDAHO,
Reason than a year ago. The total
production of the Paclflo coast will be
proDably a tnira larger man in crop
of ll06. Borne Interesta are now of
the opinion that It will be half again
as big as last year's crop.
Viiami I1BU ..a c f lanil In Pal-
lfomla land that waa never before employment in Wallowa county
' Dlanted to ttotatoes Is today growing
: a fine crop. The same Is true of Ore- NEW WHEAT ARRIVING,
gon and Washington, likewise Idaho.
' these places will be much above the Quality Is First-Class and Prodno-
average, wasmngion never Derore pro
duced such a crop of potatoes as Is
now maturing In that state and as for . (Special Dispatch to The Joornal.)
. quality this year's Oregon crop Is too Latah, Wash., Aug. I. The first new
.' good to be compared with previous sea- Wne.U for the season was brought to
on"- . the elevator yesterday. It waa hauled
Beat Pnbee At Btart. - ner, oy teams belonging to Mr. Peasley,
Despite this It. is quite likely that whose farm lies about five miles east
' the btst prices of the year were seen of Latah. The wheat was threshed on
at the start of the season. The failure Mr. Peasley's ranch and made 40 bush-
. of th island growers of California to ele to the acre. It is of a splendid qual
ity.
finished threshing. The season of 1907
has been very favorable for the farm
ers and the yield throughout the coun
ty this year will be above the average.
Considerable complaint is made of the
scarcity of harvest hands and every
man or boy who wants to work can find
(Unltd Preai tay Special Uaaad Wire.)
ew York, Aug. 8 This week's re
action on the stock exchange may be
ascribed In part to the cessation of those
uuerauons tor the rise which were ac
tively in progress during the prevloui
weeks and In part to the spread of a
mure cautious view or outside flnanolal
conditions. The net result of the July
campaign has probably been, a small
prom to its promoters, but little. If any
deorease In the holdings which they
would be glad to sue reduced. If the
object of the recent manipulation has
been to lighten a too-heavy burden. It
" nm oeen accomplished and the ques
tion Of Immediate Interest at tha olnaa
of the week Is whether these efforts at
distribution are to be renewed or
Hot Winds Do Not Interrupt Opera
tion Yield Very Good.
(ftnaclal DiapatcB to Toe Journal-)
Moscow, Ida. Aug. I. The hot
waathar whlnh nravallaA durlna- nart
of the past Week did not Interrupt har- whether the market is to be left to drift
vest operations, whicn are now in run inn me oomrumi or a montn ago.
blast. The cutting of tha fall wheat ' operations for higher prices are to
Is well along, ana the yield will sur- he resumed, they would seem to need
pass the average. The spring-sown some more powerful stimulus than last
grain has advanced so far that a hot month's movement had, If the outcome
wave, should it visit the Palouse coun- Is to be more successful,
try, will not shorten the yield to any The idea that atocks are altogether
considerable extent. A bountirul crop too low ana mat a large margin or re
of all grains Is a sure thing for this fa- oovery existed has evidently failed to
vored section.
WORKING JUTE MILL. .
The first new Wheat has arrived at
Wilson creek. It graded 61 pounds to
the bushel and will make about SO bush
els an acre. There Is great aotlvlty in
the wheat fields of this entire district
and thousands of acres of wheat Is
FRONT STREET REVIEWS.
produce their usual early crop this sea
son on account of floods gave the pota
to producers of the Pacific northwest
a chance to market a large portion
of their crop ahead of the southern
state because most of tha acreage there
With the California crop out or me Tin1! K,7.hi. nf -,h,.t
way, there was but little competition One million bushels of wheat will be
in tha nnt.to market at the start of the shipped from Harrington this season.
season and this enabled the northerners
to tell their product at higher prices
than would have been the case had the
California lands been planted to -potatoes
as early as usual.
W1U Kurt Lata Season.
Generally when the bulk of the Ore
gon crop la ready to move, a large per
cent of the California production Is
already out of the way. This year the
bulk of Oregon's potatoes will be pitted
against the enormous crop of California
and what prices will rule at that time
no one can say at this moment.
Then again there is a very good crop
of potatoes in other sections of the
country and this will not allow the
California product so much outlet as
usual. The northern business is prao-
Penltontlary Plant Will Be Kept
Turning Oat Bags for Fanners
(Special DlBDatcb to Tha Journal.)
Walla Walla, Wash.. Aug. S. The
lute mill at the state penitentiary Is
being worked to Its run capacity to mi
rush orders for sacks already con
make more than a temnorarv anneal
Bpeclal developments like the raising of
ma Duuuiorn raoiiio dividend, nave naa
no real effect except upon tht stocks
directly concerned. The experlenee of
tne last few weeks has demonstrated
that the market can be rallied aharniv
from time to time, but the reluctanca of
investors to buy securities for per
manent holding has not been overcome.
(Hearst Nawa by Longeat La.d Wire.)
New York. Aug. 8. No Influence waa
2 , i i i. t - t,,rr.A I iium uiuki ii mere was a
trnnterl for bv farmers. Tne mill turned li.u.u i .n.i.
out 200.000 during July and these have r"' unt,ifu..da7 Par V.1 ".lZ
all been sold. Under the new law. the
output is distributed prorata among
farmers of the different counties. War-
dun Klncald says the state naa suiri
clent jute on hand to keep the mill In
operation until November, when a new
shipment 1uat ordered, will be received 3,fg7
at tne pnaon.
Improvement and Berlin waa aulet and
firmer.
While the bank statement waa un
favorable the exhibit was better than
many people expected. The decreaaa In
surplus was ll.785.47t. Loans Increased
while deposits expanded
000.
$3,629,600.
Brief Notes of the Fruit and Produce
Trade of Week.
PhirUen market waa dull all week,
with heavy receipts. Stocks sold off,
however, at the lower figures.
All dressed meats continue In firm ra-
nueat with receiDts under rtemana.
Tomato market lower, with enormous
arrivals of indifferent quality, both
f mm irwal nnA aoutharn nolnts.
Peaches are firmer with supplies of
rood stock hard to obtain ana smaii
atorU not wanteri at all.
nrHnn cantalouoes are arriving In
'he northern business is prao- ,. .hn unrt even thouah the
tically cut off because when the bulk arrivals are heavier, the market did not
or jaiuornia crop la ripe ine uroiuu
crop will be ready for market too. Com
petition generally mean a lower prices
but there s no tolling what may happen
later on.
Onion Ken Hay Profit
With a smaller onion crop than ex
pected In the south there Is a chance
lose more than 26c in prloe during the
W California watermelons show a larger
sale for the week, warmer weatner pe
In. tha anntrlhutina feature.
Local apples are In heavier arrivals,
but considering the heavy arrival of
other fruits the market noias woji ai
" for Ofegon' onion producers to get back I the former range of values
some of that money they lost by being
xurcvu iu Bell iitoir mat a tivi
at ruinous values. The crop In Ore
gon according to President Fanno of
the Confederated Onion Growers' asso
ciation Is not quite as heavy as a year
ago and out of this amount must be
taken a considerable amount already
aold to California parties for seeding.
The Walla Walla crop is said to be
smaller than expected and this too will
be an aid toward gaining a higher range
of values bare.
DOLLAR A ROLL BUTTER.
Prospects Good lor Record-Breaking
Prices Daring the Winter.
Whlla local neara are coming faster,
the quality Is not very gooL and sales
are made at low iiguree. i nooo num
the south better.
Front street prices:
Grain, Tlovt and Feed.
GRAIN BAGS Calcutta. 9e, largo
lots; small lots, 9 He.
WHEAT New Club. 818Je; red
Russian. $0ff81c; bluestem. . 84 86c;
valley, 81 82c.
COriN Whole, $28.00; cracked, $29.00
per ton.
BARLEY New Feed. $21.00 22.00
per ton; tolled, $2J.001.00; brewing,
ill. 00028. 00.
RYE $1.66 per cwt.
OATS New Producers' price No. 1
white. $28.00 per ton; gray. $27.00.
FLOUR Eastern OregQn patents,
$4.80: straights, $4.26; export, $4.00;
valley, $4.804.40; graham, . $3.76;
whole wheat. $4.00; rye, 60s, $6.80; bales,
$8.00,
MILLSTUTFS Bran, $17.00 per ton;
middlings, $26.00; shorts, country, $20;
city, $15.00; chop $18.00$21.00.
HA x Producers price iimoiny
There never was a time when the
' prospects were so bright for record
broaklng prices on creamery products
during the wintry season as now.
Already the butter market is begin
ning to assume a strengthening appear
ance, and some believe that the market
will ao to !2Uc a Dound early In the
week. While the receipts of butter fat Willamette valley, fancy. $18.00ffll7.00;
have been all that are desired by the ordinary, $12.00 14.00; eastern Oregon,
uunet uianni . uuiuaiiu iui uuuvi iiviu
outside points was never so heavy at
this time of the season as now.
The north Is calling' for butter for
Alaska shipment, the wheat and barley
as well as the oats harvest Is asking
for additional supplies, and it is but a
short time before tne nopyards win be
$18: mixed, $1010.60; clover, $7.608;
grain, $8io; cneat, ib.dubi iu.ov.
Butter, Eggs and Poultry.
BUTTER FAT F. o. b. Portland
Sweet cream. 28 He: sour. 26 He
Oo per
rTVkc
per lb;
Am. C. F.. c.
do preferred . .
Am. Cot. Oil, c.
Am. Loco., com..
Am. Sugar, com.
Am. Smelt., com.
Anaconda M. Co.
lmnorteil T.lverrtool. 80s. 120.90: 100s.
119 00: 224s. 1100: extra fine, barrels.
2s, 6s and 10s, $4.60 6.66;xLlverpool
lump rock, jzo.sn per ton; o-n roca.
811.00: 100s. 110.60.
(Above prices apply to sales of less
than car lots. Car lots at special prices
sublect to fluctuations.)
RICE! Imperial Japan. No. 1, 8o; No.
2. 6 4 tf 6 c: Now Orleans, head, 7c;
Alax. fic: Creole. 6ic.
BEANS Small white, $3.80; large
white, 13.50; pink, IS.bO; Dajou, is.yo;
Limns. 64r: Mexican reds. 4 He
NUTS Peanuts. Jumbo. V4c per lb;
Virginia, thc per id; roasted, ivo
lb: Japanese. BSr6Ue: roasted. 7
iu, "alii u ir, v. r 1 1 , ' . , ii.a, .v f, I
pine nuts. 1416o per lb; hickory nuts, I Atchison, com.
10c per lb; Braxll nuts. 18c per lb: fll- do preferred
berts. 16c per lb: fancy pecans. 18 O 200 I B. oc U com
per lb; almonds. 19021HC
Heats, rish and Provisions.
FRESH MEATS Front street Hogs,
G 1 . ,K. TjOlflA .
lb; veal, extra. 8H9c per lb; ordinary,
8o per lb; poor, tD7o per id; mutton.
fancv. K&ii ter lb.
HAMS, BACON, etc Portland paca.
(local) hams. 10 to 13 lbs. 160 per lb;
14 to 19 lbs, 16 He per lb; 18 to 20 lbs.
J 6 4 c; breakfast bacon, 16H22o per
lb; picnics, 11 Ho per lb; cottage roll,
11 He per lb: regular short clears, un
smoked. 12o ner Tb: smoked. 12o per lb;
clear backs, unsmoked, 12c; smoked, 13c
IK' TTn ...,, n in t 1? I Ha tin
smoked. 80 per lb; smoked, 9c pr lb;
clear bellies, unsmoked, 11 He per lb;
smoked 13Hc per lb; shoulders, 12 Ho
Dor lb: pickled toneues. sec eacn.
LOCAL LARD -Kettle lear. ivc lie
per lb; 6s. 13 He per lb; 60-lb tins, IZHc
per lb; steam rendered, 10s, ll?ie per
b: 6s, iitac per lb; compound, ius. iuo
per lb.
FIBH Rock cod, 7e per in: nounasrs.
by Overbeok ft
Official Quotations
Cooke company:
Official New York prices bv Over-
beck eV Cooke company:
DESCRIPTION. 58
, . ; . n
Brook. Rap. Tr,
C. P., com. . . .
Cent Leath., c.
do preferred.
C M. ft St. P..
C. ft o
Col. F. ft I., c.
Col. So., com . .
do Id pre. . . .
do 1st ore...
Del. A Hudson.
D. ft R. Q., com.
ao preferred..
Erie, common..
ao id pre
do 1st pre....
Ot. Nor, pre....
111. Central ....
L. ft N
Mex. Cent. Ry..
M.. K. ft T.. o...
Distillers
Ore Land
Mo. Paclflo
M. K. A T. ofd
National Lead
N. Y. Central
118H
64
92K
84
42 tJ
182
86
30
27
464
28 28 28
BUTTER Cltv creamery. 30c; seo-
onda 26 He: outside fancv. 27 He: sec-
filled with people and butter will be onds 26c; store, Oregon, lKWiac.
wanted In that sectlou
Dollar a roll butter Is getting more of
a possibility every day. Fifty cents a
pound would be a record-breaking fig
ure for this market, but the general
trade believes the market will go there
before th present season comes to an
fna next Aprn.
Roant Storare Supplies.
While the supplies of butter In cold
atofage would look very heavy to a
layman, stocks are small in comparison
with other seasons. There Is scarcely
any butter in tha cold storage plants In
the east, tne conditions mere tnis sea
EGGS Extra fancy, candled, 22
22Hc: b-ood candled. 21022c.
c.IEESE New Full cream, flats,
16c per lb; Young Americas. 17c pr lb.
POULTRY Mixed chickens, 12 He;
fanoy hens HH13o lb; roosters, old,
10c lb; fryers. 1416o lb; broilers, 144P
16c lb: old ducks. 11c lb; spring ducks.
12c lb; geese, old, 8 10c lb; spring geese
12Hl4o per lb: turkeys, 110:13c lb;
for old: scm aba. $2.60 per dosen; pigeons,
81.J5 per dozen. Dressed poultry, 1
1 .
I iUi 11U UilUSJI a. I il . A.
6c per lb: halibut. 7e per lb; striped N. Y. O. ft W..
bass. 16c per lb; catfish, llo per lb; sal-1 N. A W. com.
mon. fresh Columbia chlnook. llo per do pfd. ..
lb; Steelheads lOo per lb: herrings, 6c N. American
per lb; soles. 6c per lb; shrimps, 12o per n. Paclflo, com
id: perm, DC per io; lumuwi. yvr iu; i jac. Al. a. CO..
lobsters. 16c per lb: fresh mackerel, to Pann. Rv
per lb; crawfish, 26o per dos: sturgeon, p. o. L. A C Co.
IZHc per id; Diack Dass, zuo per m; Pr. Steel Car, c.
silver amen, ic per io; biiuu, c jw iu;
black cod. 7 He per lb
OYSTERS Shoalwater bay, per gal
lon, $2.60; per 100-lb sack. $4.6; Olym-
pla, per gallon, $Z.Z6; per hb-id sack,
5.606.25; Eable. canned. lOo can; $7.00
doz.
CLAMS Hardshell, per box, $3.40;
rasor clams, $2.00 per box; 10c per doa
com.
.o per lb. higher.
Hops, Wool and Hides.
HOPS 1906 crop Prime to
choice.
non being very similar to those of the6H7c: medium to prime, 66c; con-
Paclilc coast, uuuet prices nave nee
ao hlffh all over the country this set
son that Btorage operators did not care eastern Oregon. 18 21c,
to take too many chances ti the mar- MOHAIR New 1907 2929Hc.
ket, so their supplies were Considerably SHEEPSKINS Shearing, 1620c
curtailed from previous seasons. each; short wool, 2540c; medium, wool,
The egg market stands almost In the 6010-750 each; long wool. 75c $1.00 each.
sama position n uia Buverm wee&s ago, TALLUW Frlme, per lb, 3ttaj4C; NO.
prices oeing dui ntue cnangea irom
then. The only thing now different is
the quality of local stock is greatly
improved and the receipts of eastern
stock are heavier.
Cheese Is ud about- Ho for tha week.
owing to the larger demand from the
north, and the limited supplies offered
by Tillamook manufacturers.
Changes in Creamery.
(Special Dispatch to. The Jonrnnl.)
Enterprise, Or., Aug. 3. Within the
?ast week a change naa been made In
he creamery business at this pUcj.
The Blue Mountain creamery of La
Grande, which formerly conducted the
creamery here aa one of its branches,
has sold all Its Interests in Wallowa
countv to J. W. Blckford and A. E. Tul
jey who have incorporated the Wallowa
Val'lev Creamery oompany, with a cap
ital "stock of $10,000. Blckford had
charge of the creamery here before the
change, and Tully had charge of the
creamery at Wallowa Both are experi
enced creamery men.
A Suggested Reprisal.
The air Is tense, you hold your breath,
Or yell your fervent coaching,
As Casey, with unrivaled speed,
The home-plate is approaching.
i
That moment paychologlcaL
A sweet young thing, so cunning,
Will turn to you and blandly ask,
"Now, why is that man running?"
moMona fair. I often think
You would not be more willing
If we should interrupt your game
Wlkerkt comes Hie cllma? thrilling.
jWsi;
A-
'that J.u. t
before ie
popped.
Vf,,ir strained enjoyment baikinsx
We tamed to you and blandly asked,
"Why isn't, that man talklnjrr
McLandburgh Wilson.
2 and grease. 2S2Hc.
CHITTIM BARK 6c per lb.
Fruits and Vegetables.
POTATOES $1.50 1.76. selling: buy
ing, $101.26, per sack.
ONIONS Jobbing price New Walla
Walla, $2.252.60 sack; Oregon, $2.26;
garlic, 8c per lb.
APPLES New, $1.50 2.25.
FRESH FRUlfs Oranges, $4.26ffl
4.75; bananas. Bo lb; lemons, $6.00 7.60
per box: limes. Mexican. 14.00 ner 100:
pineapples, $3.26(56.00 dozen; grape fruit
za.zo; cnerries. Bijjioc t; peaches, 7 Be
$1.25; cantaloupes. $2.60g3.00; raspber
ries. $1.60; plums, tl; watermelons. lHfi
lc; cultivated blackberries. $1.60(311.75
a crate; crabapples 60 76c per box;
Bartiett pears, il2.60 per box.
VEGETABLES Turnfps. new, 90e
$1.00 sack: carrota 76effltl.OO per Sack:
beets, $1.60 per ssck; parsnips, tl.OOft
ii. jo; cappage, iz.uu; Tomatoes. Oregon,
60 ig76o; parsnips. 90 Jl; wax beans,
4c; green, 4c per lb; cauliflower, $1.26
1.60 dozen: peas. 6c: horseradish. 8c lb.:
artichokes. 65c3 75c dozen: rhubarb. In
io. ; green onions, xoc per dozen; pen pep
pers, iuhvioo per id neaa lettuce.
( ) dos: cucumbers, hothouse, 20 25c
dos: outdoor. 4060c box: radishes. 16c
dozen ouncnes: , eggplant, ibc lb:
Sreen corn, $1.60 ' stck; celery, $1.25
oien.
Orocsries, Wats, Etc
SUGAR Cube, $6.22H; powdered.
$6.07 H;, berry, $5.$7H; dry. granulated,
$5.87H; Star. $5.77H: conf. A. $5.87H;
extra B. $5.37H; golden C. J5.27H ; D
yellow, $6.17 H;. beet granulated. $5.77H;
barrels. lOo; half barrels, 26c; boxes,
60o advance on sack basis.
(Above prices are SO days net oasb
Quotations.) -
HONEY tmO tT Crate.
18.68.
SALT Coarse Half ground, 100s.
118.60 per ton; 0s, $13.00; table, dairy,
10s. $1T.0( 100a, $17.26; bales, $3.10
Paints, Goal OIL Sto.
ROPE Pure Manila, 15 c; standard,
18c; sisal, 11c.
COAL OIL Pearl or Astral cases,
19 He per gal; water white, iron bbls,
14c per gal; wooden, 17c per gal; head
light, 170 deg., cases. 81 He per gal.
GASOLINE 86 deg., cases, 24 He per
gal; Iron bbls, 18c per gal.
BENZINE 63 deg., cases, 26o per
gal; Iron bbls. 93o per gal.
TURPENTINE In cases. 16c per gal;
wooden bbls, 93c per gal.
WHITE LEAD Ton lots. 74o per
lb; 600-lb lots, 8c per lb; lass lots, to
per lb.
WIRE NAILS Present basis st $3.18.
GRAPE MARKET IS WEAK.
86H
18
62
Reading,
do 2d pfd. . . .
do 1st pfd. . . .
Rep. I. & S. o. . . .
ao pro. ......
Rock Is. com. . . .
do pfd
St. L. ft S. F. 2p
So. Paclflo, o....
do pfd
So. Ry. com
do pfd
T. Coal ft Iron . .
Texas 4 Pacific .
T. St. L. ft W. c. .
Union Pac. c . . .
do pfd
U. S. Rpb. c...
do pfd
U. 8. Steel Co. c
do pfd
Wawash, com..
do pfd
W. U. Tel
Wis. Cen. c
do pfd
Total sales for day
38
65
66
66
111
41
133 132
38
65
84
102
80" '
66
111
34
102
80 80
21 21H 21
40
33
66
18
62
143
$2
86
89
CLEVER PLOT OF HOP BUYERS
TO GET CONTROL OF CROP
By Hyman H. Cohen.
Hop beara are plotting again and hop
growers had better watcn their yards
as well as their hopa
All this comes about as the result of
the low prtcaa that have ruled in the
hop market the past two years. Confi
dent that, low prices would continue to
rule for some years, a large number of
ins dealers in zact most or the larger
operators sold Immense amounts of
hops short to brewers and other dealers
several years previous to the time of
harvest Soma of the buyers sold hops
In 1901 that will not be harvested for
nearly two months from this date.
At that time the price of hops was
very low and for immediate delivery the
traders were most llkelv inatlfiml in
selling at the prices they did. How
ever, brewers did not ask any such con
cessions in the price the sharply de
clined prices were named voluntnrily by
ma ueuisrs. isow may see where they
might possibly be caught and are plot
ting to hold the price to such a figure
wia-i ii iniir Plan aurnaana vnn rai.ht
s well say good-bye to the hop Industry
ui i" antic oi uregon.
Bars Plans Wall xld.
If tne hop bears are not to succeed
growers win have to adopt some new
measures to stop the formers well-
'' yimiB i rum maturing. But two or
three dealers out of the entire state of
Oregon are said to be outside of the
comuine to nold In check the values on
Oregon s 1907 growth of hops. At this
time It Is not thought that a ilnula
"'' who is a snort seller will en
deavor to save the hopgrower from dis
traction the present season.
One of the clevnr arhamaa nf (ha
bear fraternity Is to make open offers
to the eastern and Khironaan trii
Hops have been offered these people by
local traders for next crop delivery un
der 10c a pound, f. o. b. this city, and
the letters Intimate that fist r ha nm ft Ar
a while the hops can be purchased at a
lower figure. This In Itself shows thst
the dealers are not overanxious to sell
hops at the present ranee nf valuaa hut
are making the low offers in order to
keep the eastern and English trade from
sending their representatives to this
market and taking on supplies.-
Would srtop All Competition.
The plan as at nrnaent nnriin.j tnr
the dealers here and elsewhere In the
state to write out all the bearish letters
iney posaiuiy can. Two or three letters
from one Oregon man to a firm in tha
east or London would not be rnnafriaraH
excessive the more the merrier from
tne standpoint of the beam Tha mnr
bearish letters sent o, . from here the
easier It will be to stop all outside of
fers for Oregon hopa when the new crop
Is harvested. This is expected to dis
courage the growers and then the plans
of the dealers would have proven most
successful. With the growers on the
run and on the brink of ruin It wnulri
not take very much for the bear opera
tors to snatch victory from defeat.
Would Buy Crops for Song.
This Is where the dealera would enma
In: For some time a large number of
them who are on the Inside of the bear
combination have been around to the
financial Institutions and have been
gathering every cent of available cash
they could lay their hands on. Everv
bank that would loan money to them
was eagerjv sougnt, ana tne result Is
that this time the safes of the bear
operators are Jingling with ready cash.
With ready cash the bear dealers will
be able to complete the ruin of the hop
grower. When the stories for stories
they are of record-breaking crops here
take effect upon the foreign and east
ern brewers and dealers the beara will
proceed with their work.
At that period growers are expected
tobe so thoroughly discouraged with
theShop business that they will do al
most anything to get away. At this
point the bear dealers expect to step In
and say to the disheorted one: "You're I
a friend of mine, and in order to see
that you do not lose everything on this
year's crou I will give you ssy $100 for
all your hops the wny they are and 1
will do the pu-klng mynelr.
This Is expected to have the desired
effect, and the bears firmly expect the
growers to fall over themselves in or
der to give their product away.
Work Baioshlp on Grow era.
This Is but part of the plot of the
dealers to gain control or t tie Oregon
hop crop this season. Another part of
the plan Is said to be this: Some of
tha larger growers of hops will this
year offer pickers 60o a basket to har
vest their crop. This Is the highest
prlos on record In this state, and la al
most twice as high as during the days
when growers received nearly 30o
pound for their crop. This will cause
f;reat dissatisfaction among the pi kera
n other yards, who will very likely
recalve onlv about 40c this season
Many of them will refuse to pick and
tne a-rnwera will oe compelled io noun
don their yards for the season of pick
lng in this state U rather short and
is in many Instances Interfered with by
earlv ralna. Here again the Dear oper
ators will step in and offer to take the
white elephant off the hands of the
grower by offering him a nominal sum
for his entire ysrd sucn as it is.
World's Tarda Bo tba Beat.
While the bears would have tha hop
growers here believe thst the hop pro
duction of the world will come close to
the record figures, such is not the case,
for of late every reliable report that
arrived from tha east and foreign yards
told of backward crop. In Europe the
vermin are unusually bad and late re
ports from there Indicate that the crop
will not reach early eatimates. While
prospects are Improving In the New
York vards the crop there will be small
er than expected. In California the
?leld will not llkelv reach more than
6,000 bales possibly leas. In Wash
ington the nrodtiotlon will be between
10,000 and 16.000 bales less than last
year, according to present reports. Ore
gon will not likely go over 126.000
bales, as against 160,000 to 160,000 bales
a vear ago. All over the world the
prospects are for a shorter yield.
Situation Dlaoouraglnf Anyway.
In its best form the present hop sit
nation la dlecourarlno- to the growers
Bear operators are so well entrenched
and have sold such large amounts short
to brewers and other users that they
will not nut un the price on themselves,
and when growers will not sell at the
nrlca theV offer, thev will stop offering.
Thev know that there will be a suffi
cient amount of hops grown this sea
son to suddIv the needs of the trade,
the holdover stock making up for any
loss In the production. Most of these
contracts held by dealers are for late
delivery, so they will have plenty of
time to tire out tne growers and rorce
them to sell at whatever figures they
choose. At present there seems no pos
slhle way for the grower to escape
from a bad situation.
CONRAD KRER8 SELLS.
Reports Indicate That Big Hopgrow
er Has Disposed of Ills Holdings.
There Is much doing on the quiet In
the hop market at this time. During
the past, few days it Is reported Conrad
Krebs sold the remainder of his 1906
holdings, consisting of several hundred
bales, at a price said to be close to 6c a
pound. The hops are said to graoe
prime.
Several other transactions were re
ported during the week. It Is stated
that Lachmund ft Plncus have sold the
remainder of their holdings at very low
figures, being of the opinion that they
can buy in tne 1907s at lower figures,
and thus carry them a year longer for
speculative purposes.
Josephine nors ake
IX GOOD CONDITION
S5HI SSH
100I100
36
looHi'ioo
71,600 shares.
Kckaga brands, $lf.8gt
All Varieties Are Too Plentiful In
the San Francisco Houses.
(Hearst Kewa by Longest leased Wire.)
San Francisco. August 8. The boats
and trains were late and the early trade
was seriously handicapped in conse
quence, there being comparatively light
supplies or desiraDie rruits to start on.
Late arrivals are bad enough on any
day, and worst of all on Saturday, on
which day the retailers have to lay In
two days' supplies, and they require
them early. Grapes were plentiful
enougn during tne aa ana ait varieties
were weak. Seedless were about the
slowest, and these and Fontalnbleu be
ing the weakest on the list. Tha trade
has been giving less attention to seed
less since the other varieties have ap
peared in good quantity.
The day waa quite warm and there
was a more active demand for melons
In consequence. The cantaloupes from
Turlock received the preference, being
of extra fine quality. Crated peaches
were received from Bakersfleld, out too
late for the regular trade. Pineapples
were extra pienurui, and cneaper. Ap
pies, peaches, pears and plums were
without any material change.
In the early part of the day, owing
to the non-arrival of the boats and
trains, there was a scarcity of some
vegetaoies. .tomatoes were tne scarcest
of all and sales were made up to $2
per box In a general way, the general
range for a time being $1.601.75 for
choice and down to. $1 for ordinary
stock. Later In the day the market
was well supplied and weaker. Pota
toes ana onions showed no material
change.
New York Cotton Market.
Jan.
Feb. .
March
April
Open. High.
. 1206 1211
124
iioi
MayV..". Jl4 .$
Aug. ... 14)(1H8
Sept' ... 1 65 1165
Oct.
Nov.
Dec.
119$
1200
iioi
Low.
1208
iiij
ii
114
us;
1190
iioo
3
1206
1211
1218
1821
1126
1149
1150
1190
1111
1300
2
1221
1226
1224
124"
U6
1168
1206
1208
121$
United State Government Bonds,
York. Aug. 8. Government
New
bonds.
Bid.
Twos, registered 105
do coupon 106
Th rees, registered 1 0 2
do ooupon 102
Threes, small bonds 101
Dls. Columbia, 8-66s 113
Foura, registered, new... 127
do coupon 127
Twos, Panama 104
do ooupon 103
Philippine Fours 109
Asked.
106
106
103
102
128
128
106
104
New York Bank Statement,
New York, Aug. 8. Bank statement:
Decrease.
Reserve,
Lesa United States reserve
Loans
Specla
Legale
Deposits
Circulation . . . .
.$1,786,475
. 1,784.850
.3,787,000
. 111,800
791.300
.3,629,600
. 110,400
Increase.
HOG8 STRONG IN EAST.
Receipts Are Not as Liberal as Those
of Year Ago.
Chicago, Aug. 3 Official receipts:
Hogs. Cattle. Sheen.
Chicago 8.000 6,000 2.000
Kansas City ... 2,500 4.000
Omaha 7.000
Hogs are strong; left over, 3,000. Re
ceipts a year ago, 10.000. Mixed are
$8.066.4l: heavy, $6.00 6.30; rough,
$5.605.85: light. $6.0636.60.
Cattle Steady.
Sheep Stesdy.
New York-London Sliver.
New York. Aug. 3. Bar silver. 9Ti1-
London. 8-16d " a "
An Increase of School Janitors la win.
t em plated in Minneapolis and star s hava
bean taken to secure a charter from the
American jraosraiipn or Labor.
(Special Dllpatrb to Tba Journal.)
O rants Pass. Or., Aug. 3. Josephine
county hopflelds are In fine condition
and the outlook for a big crop Is prom
ising. In fact growers feel confident
now of a splendid yield. The vines are
thrifty, well loaded and the young nop it
are large and well filled. Earlier tn in
season, because of the discouraging out
look as to price a few growers let their
fields stand uncared for, but some of
these cultivated and trained the vinos
at a late date and the acreage In tl is
county Is about as large an usual. No
contracts so far a.a can bo learned have
been made,' as the growers expect a bet
ter price. Pickers are already being ad
vertised for, and Rome growers nave
their crews about made up.
It is expected, however, because of
the high wages offered In other pur
suits, and because of the general scar-
city of laborers, that considerable diffi
culty will be met by some varils in col
lecting crews. As an Inducement, some
yards offer special attraction", such as
dance fioors. free music, wtll water,
cool camp grounds and other features
that make the hoppirklng veason one of
pleasure Unlike the hop districts "of
Polk and Marion counties, Josephine hns
but scant population to draw upon In
getting pickers, and has a long distance
to bring them when It becomes neces
sary to go outside for help. The urun.1
price of 60 cents per box will be paid
pickers this season.
FINE-HORSES FOR
THE SALEM EXHIBIT
(Special Dispatch to Tha JVrernal.)
Salem, Or., Aug. 3. A. C. Ruby of
Pendleton. Oregon, the Importer of fine
draught horses, la now In Kurope tour
ing all the principal countries In the
interest of Oregon breeders. Mr. Ruby
has written to the secretary of the
greater uregon state ralr at Salem, an
nouncing that he has already purchased
98 head of Percherons and other heaw
breeds, 40 of which he will exhibit at
tne coming fair. One of the 12 larire
new stock barns has been reserved for
nis consignment. The stalls and fix
tures In this barn have been flninhnri
but will be later arranged according to
Mr. Ruby's own plans.
One of the features In the KvAatnelr
show st the greater Oregon state fair
(September 16-21) will he a herd of
Dutch Belted cattle, this being the first
exhibit of that breed ever made at the
xair. u. i. jfeterson of Astoria
Oregon, the owner of the herd, has al
ready applied for stall space for the
accommodation of his royally-bred animals.
Ext. 14e, Gr. Bend Anx. 9c, Mlllstorm
40cA. B. B. Bonanza 7e, Kewanos 75e,
Esmeralda 9c, Portland 25cA. Cracker
Jack 20c, Francis Mohawk $1.07, Red
Hill 68c, Mohawk Ext. So, Lou Dillon
8c. Y. Tiger 20c, Grandma 15c. S. Pick
Ext. 4c, Y. Rose 6o. Col. Mt. Ext. $0,
Qoldf. cons. I8.67H.
COMSTOCK.
Ophlr $1 Mexican 65c, Gould A Curry
l$c, Con. Virginia 68c, Savage 69e, Hale
& jsiorcross vie, xenow jacket xi,
Beloher 26c, Confidence 70o, Sierra Nev.
84c, Union 30c.
BULLFROG DISTRICT.
Original 7c. Bullf. M. C. 15c. Mont
Bullf. 6cA. Nat. Bank 21c, L. Harris 2c.
Amethyst 24c, Gold Bar 66c, Stelnway
6cA, Denver Buf. Anx. 7c, Bonnie Clare
48c. Mayri. cons 37c, Monty (Jhlo Ext.
9cA. G. Scepter 9e. Monty Mt. 18c. M.
Daisy 8c, Homestake Cons. 93c. Yankee
Girl 4c, Nugget 7cA, Tramp Cons. 41c.
Victor lOcA, North Star 6cA. Sunset 6o.
TONOPAHS.
Ton. Nev. $13.25A. Mont. Ton. $8.10.
Ton. Ext. I1.60A, MacNsmara 26c. Mid
way 74c. Ton. Belmont $3.30. Ton. No.
Star 20c, Ohio Ton. 2c. West End Cona
72c, Rescue 12c, Ton. and Calif. 6c. Gol
den Anchor 14c, Jim Butler 92c, Ton.
Cash Boy 6c, Bost Ton. lOcA, Monarch
Pits. Ex. 9c. Mont. Mid. Ext. 6cA. Gol
den Crown 6c, Ton. Home 6c.
MANHATTAN DISTRICT.
Manh. Cons. 18c, Manh. M. Co. 6c, G.
Wedge 6c, Sevier Hump 6c,, Dexter 12c,
L. Joe 2c. Crescent 5oA, Combination
2c. Granny 22c. Mustang 20c. Little
Grey 20cA, Cowboy 3c, Orlg. Manh. llcA.
Broncho 7c. Pinenut 6c. Buffalo 3r. S.
Jjog ice, x. Horse sc. Indian Camp 6c.
VARIOUS DISTRICTS.
Fairv. Silver King 15-5A, Falrv. Eagle
67c, Nevada Hills $6.00. No. Htar Won
der 6cA, Eagle's Nest 18c, Rubv Wonder
23c, Alice of Wonder 6cA. Pittsburg
b..ver reak 11.87 H-
FROST TOUCH
HELPS WHEAT
Price Is Fractional nigher t
in uiicago at uose ox
the Day's Trading. -
(United Press by faceta! Lilted Wire.) , '
Chicago. Aug. 8. While thera was no
actual frost in tba northwest, accord
lng to the showing on tha weather map.
wheat sold from to e over tha final
prices of tha day befora Thera was
such a strong demand, however, for tha
not very heavy ofrennas that tha de
cline was almost Immediately recovered, '
uroomnall estimated tha world a ship
ments for tha weak at about t.900.000
bushels. . .
There wera resorts from Minn a noils
of a touch of frost In soma spots In .
outh Dakota, but it was not claimed
thnt damara had hann rinna Continued
coolness of the weather and tha exalted
buiiiahness with which oate acted at tha
start csused sn active demand tn tba1
corn market. Prlcea started at mod-
erate advance but as tha oata market
continued to lead tha' way to atlU
higher prices, greater strength deval-
oped, which added Me to tha ortoo (.
corn during the first hoar. Local re
ceipts were 157 ears, against 171 last
year and shipments 291.000 noaneia.
against 406,000 bushels a year ago. Tha
market did not fully retain tha adfmaoe
but still had a substantial portion Of It
at the close. Local receipts wars IS'
cars, against 294 a year ago. Ship
ments were $32,000 bushels, compared
with 117,000 bushels last year. Es
timate of Monday's receipts waa (1 ears.
The market closed practically at tba
highest of tha day.
'ins market for nog products ooeasd
rather weak, but the offerlnga wera
smalf. Excited rise lit oata and tha
strength communicated thara from tha
other grains made sellers of tha '
froducts careful. Local run Of hogs
1,000 and for tha week 130,000. against)
141. uuu ins similar week last rear, jca- .
tlmate of neat week's local run waa
135.000. of which 36.000 are azseotad
Mondsy. .
Official Chicago ortcea br Oemilsnk
A Cooke company :
CHICAGO WHEAT VALUES.
Aug. S. Aug. S. Gain. 110.
Sept.
Deo.
May
..1HB 92 a
..9H 96
.1011 101
WHEAT.
Sept.
Deo.
May
78 H
Open. High. Low. Close.
t. 11 3i4 91 93
t 97 97U 96
r loi 102 ioi loi jf
Sept.
Deo.
May
Bept
Dec
May
Sept.
Sept.
Oct.
an.
Sept
Oct.
Jan.
CORN.
67 65
62 63
63 64
OATS.
43 43
42 44
44 46
MESS PORK.
1646 1645 1645
LARD.
. 920 922
. 825 927
. 860 863
SHORT RIBS.
. 875 880 871
. 872 872 865
. 795 800 795
64
62
63
42
VA
IT
923
860
4t
44
45 B
1145 N
920 B
937 A
16$
880 B
(71 B .
797 B
SUIT OVER SMALL SUM.
Frenchman Plies Up Costa Against
Railroad for an Overcharge. V
A wealthy Frenchman recently bought
a ticket at a Paris railway terminus
but missed tha train ha Intended to take.
While waiting for the next train, whloh
left two hours later ha studied tha
oompany 's tariff to peas away tha time
He then found, say tha Railway and
Engineering Review, that ha bad been
charged 14 francs 45 centimes, whereas
the proper faro wss only 14 franca 4$
centimes. He asked for his money back
at tha off lea but without result -: An
Interview with tha station master waa
also unsuccessful. He afterward wrote
a number of Utters to tha company,
but received no answer. Ha than com
menced an action to recover tha thres
centimes. .
The cost to tha company amouatsat to
8,350 franca, or $1,660.
" 1 -
Colonel Charles A. Edwarda, ' aaora?
tary of the Democratic congressional
committee, believes that Loalsvtlla naa
the best chance of landing tha next
Democratic national convention, except
lng only Chicago. , 1.
Ths wedding of United State Senator
Beverldge of Indiana and Miss Kathar
ine Eddy of Chicago la announced to
take plaoe at tha United Statea am- '
bassy in Berlin on August 7.
THE STOCK AND BOND EXCHANGE
Bonds,
NEVADA MINING STOCKS.
Bid Prires Current on the San Fran
cisco Exchange.
San Francisco. Auar. 3. Offlrlnl hid
prices:
GOLD FIELDS DISTRICT.
Sandstorm 43e. Red Tun l( 55. Mo
hawk $17.12 Columbia Mt. 60o. Jum
bo $4.25. Jumbo Ext. $1.40, Vernal 16c,
Pennsylvania 3cA, Ooldfleld M. Co.
$1.60, Kendall SOc, Booth 47e. Bine Bull
S5c. Adams 72c. Silver P1ik 61c. Mav
Queen 10c, Nev. Boy 7c. B. B. Ext. 8o.
Blue Belf 17c, Dixie 66c, O. Columbia
4c. Hlbernla 6o. St. Ivea 92c. Condueror
13c, Blk. Rock 4c, Lone Star 19c. Q.
wonder to, Potlnch 40cA, Oro 22c,
KsnrtnU it. 2c, Bandst. Ext 4c, Mayng
7c, Jyianta 60$, GrcnB Beid 75c, lne
ronllo, Empire 10e,:ed Top Extlr24c,
Florli e $5.60, DiamT B. B. COn. 25c,
O. D&Tsy $1.95. Laguna $1.(0. Common
wealth J So, Comb. Fract $225. Or. I'end
Vermont Bear Hunter.
Bennington Correspondence Boston
Herald.
Allen Briggs Jr., of Searsburg la
making a record this Beason as a bear
hunter, having brought Into town two
specimens within the last 10 days. Both
were bears that In the fall would weigh
nearly 200 pounds.
At this season the animals are in thin
flesh, having been out of their winter
quarters but a short time, but they are
hunted and trapped at this time for
the reason that their fur Is In its best
condition. While the bears are In thlr
dens for the winter the fur has an op
portunity to grow to Its full length,
and If the animal Is caught soon after
It makes Its first appearance in the
spring, before It has had opportunities
to travel through the brush and wear
off Its coat, the skin will be more valu
able than at any other time of the year.
Since the legislature removed the $20
bountv on bears, four years ago. the
animals have increased in the moun
tainous sections of Vermont.
American Biscuit
Oregon Water Power. . .
Omaha Independent Tel..
Paclflo Coast Biscuit...
Portland Gen. Electric.
Portland Railway -; . . . .
Portland Home Tel. .... ,
Spokane Homa Tel.
Tacoma Home Tel.
Bank snooks.
Bank: of California. .....
Bankers' A Lumberman'
Merchants' National . . ,
Oregon Trust 4k Sav'gs..
Portland Trust of Oregon
U. S. National
German-American
Indnrtiiala.
Alaska Packers Ass'n...
Associated Oil Co. ......
Omaha Ind. Tel. pfd. . . . .
Pacific Tel. & Tel. pfd...
Pacific Tel. & Tel.com,.,
Portland Homa TeL ....
Spokane Homa Tel......
Tacoma Home Tel. . . i . i 1
Mlacellaseoua.
Alaska Petroleum A Coal
(treasury) .............
Alaska Petroleum 4k Coal
(pooled)
Brit. Col. Amal, Coal....
Mammoth (Metallnel
Morning (Metallne) ....
Standard Consolidated.;
Cascadla M. A IX Co....
American Telegraphon.
unitea wiriesa Tel. Co.. .
Bid.
4
no
...
:- .
Asked.
100
103
15 ,
loo
. 100 '. -'
-;
. I$H
Y
vV
$00
48H
81
40
. . :
t .10
iio
mi
t at
"
t.
mm
a a
-
ft
'
mi
Weighty Young Prince.
From Tlt-Blts.
There Is a unique claim to ba ad
vanced by a member, of the Danish
royal family, and that is the heaviest
living specimen of any royal family In
Christendom. This weighty salon a tha
Danish ruling house is Prrnca Oustav
nr imnroiri, wno, aunougn only 10
i ?. aoi "V" wij uesm at i stone.
No living royalty-' can hmtimm n
weight with tha youthful prince, tha
"" . j - qrown prince oc
Denmark Thi;youn mail waa bora
at Copenhagen in 1887. ndr Uka most
nstnred. As he la yetf young it la
by- no means imposstbr'rthat he nmy
aSd notarially to hi ,wsMfa2
that he la not Jlkely tt hava hi a ape.
claA claim to distinction challsugai
RobertsiCorapany.CommlssIon Brokers
UTAH
mm
, 'Tor quick return on rasJl dOrslop
msnt expense placer ar f th f(ll
tnlnea. Tha old Dredging "-Com rf!
ojr America, holder of th grfet i'"
W$ In th United Kutea, offer t t
vestor an opportunity f a "" r
ur4 inonm for 1V5 A ..! ., .,,-.
lav$rt v$ tM'iP Jhn I'I'W
tniu-hlnsrri mrari" ' '"" " trV"" " "
lVre- divf.lan i.
"X
-I.
Cati, and Inrt- 1
i.
4
4
S it '--
in
aaa