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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (June 14, 1908)
THE ; OREGON SUNDAY JOURNALS PORTLAND;. SUNDAY MORNING JUNE 14, '. 1S08 ' HOP ? CROP PEOSPECTS BETTER WITH WARM "WEATHER OF THE WEEK M 'THE FINANCIAL ' WORLD WHEAT GROWING WEIL IN MOST SECTIONS BUT MORE RAIN IS WELCOME Latest Market Reviews With the Trade. APPLE CROP TO i: BE WORTH NODE Prospects jfor-1908 Price in i Oregon Is Better Than ' , ' ' " By Hyman'' H. Cohen. : Oregon's apple crop -will most likely be worth more money , (or the coming xsason- than during 1807., Purlng last wuon the price broke a. few record of It own notwithstanding the fact that .the October panla tomtww uuerierw '.with late alee. - . ' , However, the bulk f Oregon's PP j crop is what may b called a rioh man a -crop, for the better class fruits is al ,weya so high-priced that the average ;citlsen -with a good Income cannot af : ford to Indulge and for the poor person ,to think of eating Winter Bananas or elect Spltsenberge - or .Tallow New towns would be stretching th Imagina tion somewhat. -. , . . Financial depressions scarcely inter fere with the selling of this , world's best fruit for the people who ar the usual purchasers, can always afford to J eonsuma tbeyi no matter how financial matters stand. The demand for these apples Is so great that were the acre age double that of the present time It '4s unlikely that there would be much of price 'depression. There are but few sections of the United (States that can produce the best apples and of this araae inose grown in vb" .. , V European demand : for our Tellow New towns has been growing at an enor mous pace the past few years, while American markets of the eastern coast re well able to take care of what npltsenbergs we produce at price that make producers of other states gasp for breath such values are almost unbe lievable to them. ... Oregon Is going to produce one of its best crops of apples this season 4he best In quality and on of the best in slse. The orchards at Hood River are In phme condition and in the Rogue River country the trees present a good 'appearance. . . The people are getting Into the habit of demanding the best apples and each apple-growing- section of the country 1 trying Its utmost to produce the better class fruit. , v According to the Watsonvllle, CaL, Pajaronlan, the packers of that place nave been quietly buying the 1808 crop of the best apples of -th valley. ; AK ready many sales of good orchards have been reported ar.d at figures equally as rood, if not better than those received est year at this season. Other sales of well known orchards are reported "in the air" Just at, present owing to slight differences in th price wanted and that offered. ' ' - ' i "The activity of , the buyers In the "faco of the big slump that took place In the apple market of th country last fall and has continued until lately. Is most encouraging. It 1 reported that In many sections of th east the apple Drop will be somewhat short and this fact Kan been of advantage to the or ohardlsts of this section. . "Many contrary opinions are ex- ? tressed as to tne estimated apple yield n the Pajaro valey this year. Several packers say the crop will not be up to Jearller estimates In yield, although the loualtty of tho fruit promises to be first 'class. Other fruit men and orchardlsts say that on an average (ttie vaiieya crop win ue u imso "" many of the orchards at least half the young fruit on the trees at present will nave to be thinned out Th Pajaronlan knows this fact to be true In relation to I. H. Tuttle's 6 5 -acre apple orchard on Lake avenue. - A-..drlv through that place on Wednesday clearly snows tnat at. least on half the- fruit will have to be thinned from the trees and we are informed the same condition prevails in several other large orchards. "A conservative prediction of this year s appi crop will do i.ouw carioaas. : POTATOES RULE HIGHER, Season About to Close Shows Un usual Price Both High and Low. , Th potato market 1 now touching one of the highest prices of the pres ent season, within a-few weeks at the most, the present season will end and the new crop will take entire posses sion nf the market During the early part of -the past season me grower. oi potatoes mn wun great aiaappwimracm owing to th low prices but this was an unusual season and scarcely any grower came out with th profits on th wrong side of the ledger. There was to be -sure but a small profit for -most ? reducers but the crop was. so heavy hat It ia small wonder that still lower values did not rule. Perhaps it was due to th careful se lection snd grading of their potatoes by th farmers and th seeking of new markets by the dealers that led to the upward tendency after It looked as if at least half of the crop was doomed to rnt nwinv to the lack of demand. Dur- Colorado, nortnern ana sautnern Cali fornia, Arizona, Texas, Missouri, Kan sas and Loulsana in an effort to unload. The careful aradlns of the stock by growers caused , repeat -orders to com from places wner in oniy vregon po tatoes seen were the sample cars .sent this season. -H'1 During the last few weeks of the sea son there will very likely b much mix ing of values. The general opinion of th trad Is that eld stock will safely cltan up before th new ones are ready and prices will rule around present fig ures. Then again there is the chance that midway between seasons, . just about when th old season is ready to die and the new one has not received a fair start, there wUl b a scarcity of supplies and prices may touch a new record for th year, This latter condition la too vacuo to peculate upon. -- ... ( ' . WOOt SALES ARE BETTER. Price a Fraction Hifrher ot Much ' More Hope for Another Rise- f 'Wool sales iii Oresron th past week as well as those in Idaho have been at somewhat more satisfactory prices. To the general observer It looks at this time as if the easterners were In al together too much of a hurry to depress th price of raw materials and still hold up the figures on th manufactured product to within a few fractions of th value of a year ago. s ; 7 Ther- seems Uttl doubt ' just now that th wool market has struck bot tom good' and hard and' has bounced up a fraction. While ther seems little hope of any material advance in values the outlook on the whole is much more hopeful than previously. Buyers ar not, holding baekthelr offers as they did at the first of the season for all now realise that, they are a little too bearish In their views. ( f -i-i -V. " ':,. LITTLE HOP BUSINESS, Trade h Very Slow 'Here But ' la Likewise in Other Sections. ''Ther was" but little business in th Oregon hop markets during the , past week.' Trade was more nominal than for some months. This wacv due to the nvnrtrvkd condition of the Euro Dean markets. There was no buying for for eign accounts . Some, prof ess to believe that this lack of trade was due to the increasing prohibition movement but the same .sort of dullness Is ruling In sections where prohibition I net s pronounced as among the bop grower .of Oregon-; " '.. - ' The crop ia growing better because of th warm weather but as tocondt tion thar Is scarcely any ohang among th various yards. - Borne 'ar better than- lnf years gon : by, Whll uiunri r ia poor snaps, ICN'OCKERS CLUB WORKS. Another Effort Made to Hit Quality . - , pt Oregon Egga Here. , Repeated efforts of a mornlns: oubll cation, to .ruin the reputation of Oreson eggs hav called forth loud complaints Irom handlers her, who. say that th publication does not state facta. When ever eastern eggs begin to roll into this market tn puoucauon in question Da gins' to '"knock' th reputation of Ore aon stock. Or when this falls, switches around, and: boosts th vaju to such a height that consumer ar lorced to buy th eastern stock. . ' During th past week lower "prices ruled In the local gg market- owing to the .very, heavy supplies. . Quality is holding ; up quite welj for this time of th season, when more or less complaint is louna,- no matter wner tne eggs come from. " " Poultry prices show quit a bad drop during the paat week because of accu mulated .holdings, both in th hands of retailers ; ana commission men. The price in all lines was anecteq. , !? BUTTER HOLDING STEADY. . r. ;.. .1 "... ; y - , While Fluhh of Season Ia on There Ia ' No Accumulation of Stocks. - "While th northern markets war not such liberal buyrs or butter during the past week, the buying from ther has not ceased ' altogether. The output of cream her is the heaviest of th sea son but up to this time ther has been no noticeable decrease in th general de mand. Borne Interests ar talking of a. slight weakness Dut it is a notaoi I act that every one is cleaning up. r-4,H. Chens market -was weak and lower the past week with more liberal sup- fllea. Reports from Tillamook Indicate hat the present month will show th flush of th season. The expectations are that this year's production of cheese will show a material Increase over that of last season. . FRONT STREET REVIEWS. '- II !- M.,WI V Wheat Is Not So Firm Owing; to Slight Decline. Wheat 4s not so firm and prices are about lo lower. Flour trad is quiet, but millfeeds ar firm. Run. of salmon in th Columbia Im proving. Opening prices named on canned fish this week were th sam as a year ago. Dressed meats were fairly steady for the best quality the past week. Strawberry market had several up turns and falls duriny th week, with scarcity or s oversupply. ' . . Hay market is very quiet Front street - sells at the following prices. Those paid shippers ar less regular commissions: Orals, rioar and Bay. WHEAT Buying prlc - Track. I Portland Club, 90c: bluestem, 92c; red, 88c: Willamette valley, 90c bushel. FLOUR Selling price Eastern Ore- rm patents, 84.86; straights, $4.0(0. 66; exports, 88.6908.70; valley. 84.45; graham, -tt. 1 00; whol wheat. $4.28; rye. 6s, 15.60; bales, $6. MILLSTUFFS Selling prlc Board shorts. 2828.60; chop, I215 per ton. HAT Producers' price Timothy, Willamette valley, rancy, li; ordinary, S) A IA9i18 aasraMi (ftrnn t1 C lit mixed, 810 10.60: clover. 101; grain, (); cheat. )) alfalfa. Ill a if. BARLEY Feei 826.60; toUed, $27.60 nsxor hrmnf. 1X7.. OATS No. 1 white, $3T.$0; gray, $17 per ton. Mutter. Err and routtsy. BUTTER FAT Delivery f. o. b. Port land Sweet cream, 2$ Mo; eour, 31 Mo ID, BUTTER Extra creamery. IBe: fan. ey, 28 He; ordinary. 2ltt22Hc; .tore, lie EOGS Extra fanoy, candled, 17 H 18 Ue. CHEESE Full eram, fiata. triplets and daisies, 121ilSc; Young Amerisaa. POULTRY Mixed chickens. 10 UO llo per lb; fancy hens, 11c: roosters, old, 809o lb; fryers, lttyq lb; broilers, 16H0 Tb; geese, old, 8fo lb; turkeys, alive, 17c; dressed 1920c lb; squabs, 82.60 dosen; pigeons, $1.25 dosen; areeeea poultry, JwiTia id. uigner. . CHITTIM BARK. 1908 4o lb. Hops, Wool and Xldes! HOPS 1907 croo. first orlme. Kn- Srtme, 414c; medium to prime, 4c; ma lum, 8 He lb; 1906 crop. Hlo lb; contracts, 8c, 9o and 10c tor three yewOOIi-l08 Willamette valley, 11 U f12o. MunAin 'iivi flominu, 1'VKnC HiU&s ury Hides, itmito m; rreen. 4 woo; caives, green, iuici Kips, oo bulls, green salt. 8 08 too lb. SHEEPSKINS Shearrng. lOOlSe each; short wool. 2S40; medium wool, 50c9$l eacn; ; long wool, 76oO II. SS each. TALLOW Prime, per lb, SO 4c; Ma S and grease, zwmo. , ; rrults and TsgsUbles. POTATOES Old, sailing. 8 1.1 0 1. 1 6 ; buying, 80s6qper cwt; sweet, 66Ho; new potatoes, n.io per cwt. - ONIONS Bermuda, $1.4001.50 par 80 lb. crate; 6-crate lots, $1.40 per crate; California red, $1.50 Ter sack; garlic. 16o lb. APPLES Select, $$; fancy, $2.25(9 2.60. . -- - - , FRESH FRUITS Oranges, $8,159 4.00; bananas, 5 Uo per lb.; crated. 6o; lemons, $3.60 $4.75 box: grapefruit, J1.603.60: pineapples, Hawaiian, $6 os; strawberries, Willamette valley $1.7602.26; Hood River-Mosler. $2.26; cantaloupes, $4.0004.25; apricots, $1.10 1.15; blackberries, $1.40, VEQETABLES Turnips, hew Oregon, HHo bunch: beets, $1.00 sack; 'parr snips, 86c $1.00: cabbage, $2.00: toma toes,' California, $2.00; Mexican, $2.00: beans. 10llc: cauliflower. California, crate, $2.26; peas. Oregon, Hpvc; horseraoisn. nwioc; arucnok. 60Q75O dos: rreen onions. 12Uo dos: f eppers, bell, 8Sc; Chile, 26o lb: hothouse ettuce. $1.2601.60 box; head lettuce, 26 sira oos; cucumoers, notnous. local. rhubarb, Oregon, 8B)8Hc; celery. 90cll doi; cranberries, eastern, $9910.60; as paragus, uregon, nic(ff (60 aos. ouncnes; Walla Walla, $1.60 box; spinach ( ): gooseberries, 6o: eggplant. 1016o; green corn, 40a dosen. Crooerles, Huts. Xtc BtTOAR California A Hawaiian Re finery Cube, $6.fi0; powdered, $8.46: berry, $8.26: dry granulated. $8.26; XXX granulated, $6.16; conf. A., $6.25; extra B., $5.80; golden O.. $840: D., yellow, 86.66; beet granulated $$.06; barrels, 16c;- half barrels. $0o; boxes, 65o ad vance on sack basis. v (Above prices ar 80 days net cash quotations.)- ' , fiurxt, i 3.ig per craie. COFFEE Package brands, $18.80. SALT Coarse Half around. 100a $11.00 per tone 60s. $11.60; table, dairy 60s. 818.60; 100s.. $18.00; bales. $2.85; Imported Liverpool, 60s, $20.09: 100s, ik.uo; 4s, sis.vu; extra line oarreis, a. 5a and 10s. 4.605.S0: Liverpool lump rock, $20.60 per ton. . RICE Imperial Janan No. 1, 6c; No. t.6tt&e; New Orleans., bead. 7 o; AJax, 7 Y; CrepK 6140. ; ukans umaii wfliis, .vo; iarr white. 24.76: oink. 89.85: barou. 8s.ES: Limaa. $5.86; Mexican reds, ( ). . . ' Keats, jrlsh aad rrovtatoaa. nilERSKn meats Front street Hoga. fancy, 8o lb; ordinary, T07 Ho; large. 66o;' veal, extra. 7Ho per per lb.; mutton, fancy, SQ8 Via par lb.; gprinf .lamb. .., - . rlAMo, EAUJN, a;rv rwwana paca rtomll hama lit to 11 lbs. 16o Der lb: breakfast bacon, 1402 2o per lb; picnics. 100 per lb; cottage rou no id; regular short clears smoked, 11 Vie per lb: backs, amnlred. 1IUr: Union butts. lOfllllrf 1H: smoked, llo Ibi dear belUes, smoked. ALMONDNUTfCULTURE PROVES ; SUCCESSFUL IN NORTHWEST I :, I .-.:-.::.":.- 4 :x:.j;:"v:-;v::::-'-:v':.v..- . 'y -. ' ' . ' si :.:::.;y:y " V iiHI ' i, u r; HIIBI yy f liT- : :'' Iii 'J k, v 'p p t a-U I ( , '"' ' 1 I ; " I i ' ; i Illllliilliiiiliiili mmmm?9n9m9mm: Every season gives fresh evldenc of th nut-growing possibilities of the Pacific northwest In general and Oregon in particular. It has been shown con clusively that Oregon-grown walnuts Willamette valley are far superior, to those grown in California. The nuts are much heavier and th meats are sweeter and more oily. Almond nut culture is more recent, but in this particular line growers are making much headway. In the vicinity OPTION TRADE IN WHEAT IS A HELP TO THE PRODUCERS By Hyman H. Cohen. By an almost unanimous vote th committee appointed by th Board of Trad to examine into grain futur trading reported In favor of the project th past week and it Is quite likely that the measure will be adopted at the meeting to b held the coming week. . It Is being argued by some of the opposing dealers that the trading of futures would result in gambling and reckless speculation. This, however, is foreign to the board of trade principle as the exchange la organised simply to further trading between the various Interests. Tho dealing In futures on the Port land exchange could scarcely com un der the head of gambling any more than other exchanges of the country and all legal testa have declared them to be merely business transactions. 14c per lb; shoulders, llo par lb; pickled tongues, 70c each. LOCAL LARD Kettle leaf, lOo. I per lb; 6s. 12o par lb; 60 ; lb tins. 12Vic per lb; steam rendered, 10s, 110 oer lb; Ssllfto per lb. compound. lOo, FISH Rock cod, 12 Vi lb; flounders, $o per lb; halibut, 6c per n; striped bass. lBo par lb; catfish, llo per lb; sal mon, chlnook, lOo lb; blueback. 8 lb; steelhead, 9c lb; herrings, 6o lb: solas, 7o per lb; ehrlmpi lOo per lb, perch, 6o per lb; tomccd, llo per lb: lobsters, 26o per lb: fresh mackerel, 8o per lb; crawfish. 26o per dosen; sturgeon, HVio per lb; black baas, 20o per lb: silver smelt. 67c per lb: black cod, 7Vio lb: crabs, $1.0001.60 dos: shad. 2Vo; ro shad, (o; shad roe, 12Vio lb. OYSTERS Shoal water Bay. per- gal lon, $2.60; per 100-lb sack, $6.00; Olym pla, per gallon, $2.40; per 100-lb sack. fV.VVyO.VV, XtABIVi UUIU.U, WWW VH. V dosen: eastern In shell. $1.76 per 100. ulauo iarasneii, per Dox, fi.to; razor clams, $2.00 per box. lOo ser dos. Faints, Goal OIL Bto. ROPE Pur Manila. IX Vie; standard. 11c; sisal, V4e.I. B. sisal. 8 Vic BENZINE 88 deg cases, HViO par gal: Iron bbls, 12Vio per gal. l UKfUtt iini; in cases, no yer gai; wood bbls, 69c oer gaL LINSEED OIL Raw, bbls, 49o; cases, 66c: boiled, bbls. 61c; cases. 67e a gal; lots of 250 gallons, lc less. WHITE LEAD Ton lots, 7i pr lb; 600-lb lots, 8o lb; less lota, SVio lb. WIRE NAILS Present basis at $8.10. Boston Copper Market; (Furnished by Overbeck & ' Cook Co.) Boston, June ii. Jbtia prices Atlantlo . .... 16 Butt Coala... 28 Vi CaL A Hecla.,670 , Trinity 18 Utah 42 : Wolverine ...110 Royal ....... 19 H Ely 7 Nlpplsslng ... 7 , Green ...... 10 Mohawk .... $1 Nevada Con... 11 useeoia ..... to hud. flt:a,,l2i Yukon Gold.. 2$ U. Tamarack ... (7. United ...... vff. Centennial 28V4 victoria ..... 5 i Cop. Rang ... 71 Va Old Dom. ... $4Vi Masa ....... 4 Parrot ...... 22 Shannon..., 18 Michigan ..... 8 Black Mt. ... ' -"V' Pendleton Harveaterg. (Special Dispatch te The Jotirnal.) . Pendleton, Or.. June IS. Thre new combined harvesters made entirely .In Pendleton, th Invention of J. D. Rey nolds, and manufactured at the Pendle ton Iron Works during the past three months, will be taken out of the factory tAmnrrfiv fn, a trial vim .miinil tVj city on their own wheels. These ma chines ar th Invention of Mr. Rey nolds, who has been engaged upon per fee ting a new principle in combined harvesters for a number of years, and who has at last turned out three Ideal machines, all of which hav been pur chased by Umatilla county farmers, who will us them for the first time In cutting thia year's wheat crop, ; These machines hav an 18-foot" cut, and can be handled by 24 horses and win cut so acre per day in -an ordi nary, day's work. -. of The Dalles ar many almond trees showing good production and the indus try promises to be one of the greatest in the northwest within the next few years. Th limb in th Illustration contains 63 partly developed soft-shell almonds, is 8 years old and is four Inches in di ameter. It is growing at Ooodno hills, near The Dalles. There are eight acres' of these trees. The branch was brought to Portland by Thomas M. Rogers of 609 Montgomery street. Option trading would perhaps b more help and benefit to the producer than it would to the buyer, but the lat ter would be helped considerably. It would allow him to buy wheat on th exchange and sell either wheat or flour for delivery in any month he chooses. It would enable the grower to sell In advance, If he so cnooses, th amount of wheat he believes he can easily grow. If th price for delivery a certain month after harvest pleases htm, he could sell. As matters stand at present there are all sorts of prices for wheat and In consequence much complaint on th part of producers who say their neigh bor received from lo to 2o a bushel mora than they did. i with a regularly estaoiisnea option session the price of cash wheat would ba easily regulated by supply and de mand Instead of th whims of buyers. Weekly Report of Wheat Crop Warm weather has set in for tho sea son throughout tho Pacific northwest wheat belts. The grain la heading out well In the Walla Walla country, also in most other sections. It Is now be lieved that sufficient moisture ia stored in th ground to tide th p:ant ovr un til harvest, but mor rains ar likely before that event. There is talk of red rust in a few scattered sections-, but little damage Is spoken of thus far.. -Woodland, Cal., advlcea of June I say the barley harvest ia now In full swing, and a half crop ia a conservative estimate. A number of experienced farmers ar of th opinion that It will ba more. Of cours. ther ar a num ber of fields where th moisture had disappeared from th surface of th soil before th ssed was sown, where the yield will be so small that ther will be no profit in harvesting it One farmer in western Tolo county, Cal., who began harvesting last Sat urday, has 480 acres that will yield less than 22 sacks to the aora. He has $20 acres that will yield not mor than 12 sacks to th acre, but even that is con sidered mora than half a orop. He has 820 acres of wheat which will not yield mor than ten sacka. but 25 bushels to th acre la not a bad crop for a seaaon like this. v - , While thr ar soma fllds where th California, barley - yield will be as high as 25 aacks to the acre, and others will turn off ten sacks, th aver age will probably b from 12 to 1$ sacks. The averag yield for wheat may not xod tan aacka. . New York Bank Statement. New York, Jun 18 Bank statement: Clearing house member' averag cash reserve 22.(8 per cent i h '. Increase. Reserve ... f .................. .$8.1 .100 do less U. S. ,1.199,225 Loan 2,284.700 Specie ................... 6,622,200 Legal ...................... 2,866,900 Deposits 6,766,000 Circulation . i M96.400 Actual cash reserve 29.82 per cent ' c ; .- Increase. Reserve .....................17,398.660 do less U. S... ....... ...... 7,397,076 Loans 8,452,100 Specie 8.193,400 Legale 2.513,100 Deposits ..........13,239,800 Circulation , 205.400 Other bonds: Loans ..................... . $11,831,700 Sped 4,023,700 Total, deposit ..,..,....., '8,818.700 Eliminating, etc...... 16,296,509 - Decreas. "' ' , Tacoma Wheat Market. -Taooma. Jun 13.--Wheati Club 86c. Ibluestem $2c; red, 84c, t unn INDUSTRY HL RECEIVES BLOW .-V.'.;.- "- ' ' ' " ''. .' . -i ; -V .Packers Support s California Cattlemen but Hit Price of the Local Stock. PORTLAND LIVESTOCK RUN. Hogs,' Cattle. Sheen. 899 2.259 8,025 769 2.288 $.897 679 1.009 1,887 241 889 1,916 Past week ....... 1907 1906 1906 By. Hyman H. Cohen. .Portland Union Stockyards,' Jun 12. This has been a rather unlucky week for th livestock industry of th Paclflo northwest. It has been doubly discouraging because of the tactics of the killers and packers in opposing th local raisers and doing all In their power to help tb ones from other states. ' For th week this applies mora to th cattl market than to the others, because it was in cattle that killers dealt th Industry its hardest blow. Without aa much as sending out to secure information whether there was sufficient cattl to fill the needs of th trad, th killers suddenly jumped down Into California and began buying all the cattl of that state they could And, paying: therefor very high prices. When their requirements for some time were ' filled th buyers stopped their purchases and cam back to the north west.. Then they began to send for their purchased stock. In the meantime shipments from lo cal pointa began to arrive at the stock yards, but the packers began to com- f laln and said they had no place to put hem. They had overbought themselves in another state and were quite willing to see th raisers of this section go out of business. During th past week they cut the prlc of cattl 60o and even at the lower rang killers do not car to support their bom growera Hay Oat pooled Taamaelv. In this sort of gam it always takes two to do th right thing, so th cattl raisers ar going to retaliate. They will hold back as much cattl as pos sible from th local market and will ship It east,- where cattl ar not plen tiful and there seems to them a possi bility of securing something for their labor. By and by, wnen cattl oecome scare again in th Paclflo northwest the packers will again cry for mor people to go into the cattl business. This is their usual cry whenever they get pinched, but to pinch th other fel low 1 mere pastime , to them. Samp na mils Frio Sown. Killers were scarcely "to blame for the loss In th sheep price th past week. Receipts were increased so muoh that th markst Is showing an over supply, and ther waa nothing els for th market to do but to drop. Two de clines of 25o each were shown In sheep during the week. Hogs were lust about steady during th past week for best grades, but ther was weakness in China fata and the prlc in that line was down 25o, Re ceipts of hogs for tb week wr 899 head, compared with 207 head a week ago, 769 a year ago, 679 two years ago and 241 head for this sam week three years ago. A year ago for th past week all lines were weak, with cattle showing lower prices. Offlolal yard valnes today: Hoas Best stuff. 88.0006.16: China fats, $5.00 6.60; stockers and feeders. i ). Cattl Fancy eastern Oregon steers, $4.60; medium, 84.00 4.26; best cows. 13.6091.75; duus ana stage, $1.50 2.60. 1 Sheep Best wethers, $$.764.00; spring lamas, weigning ids., 14.70V s.uu; mixta, .io(ff.ou. IfEW YORK STOCK MARKET. Range of prices by Overbeck Cook co.: DESCRIPTION. AmaL Cop. Co. .6 Am. C & Jr., c do Dfd. Am. Cotton OIL d 20, 301 Am. ijoco., c. Am.. Sugar, c , Am. Smelt, C. do ofd. Anaconda M. Co Am. . Woolen, ci Atchison, o. ... do pfd. .... B. AO., o. ... do pfd. B. R. Transit IS 33 Canadian Paa. c C- Leather, c do pfd. C & O. W.. c. C. M. & St P. .J 123 122 C. as N 'o. .. 4$f 44 Ches. St Ohio Colo. F. I Colo.. South. uth.. . $6ii 60 Sift ' do id . do 1st Dels. t Hudson D. A R: Ov O.. 2 2$ ii "ii" dO Did...... Erie, o. no ia piq, .. do 1st pfd... Illinois Central. Louis, at Nash. Manhattan Ry. Mex. Cent Ry.. M-. K. T, 0. . Or Lands 2Vi 69 M. K. dc pfd Missouri Pac. . National Lead N. T. Central . N. T O. St w. N. V.. 0. ... do pfd. 68V4 Ct 18 VA North American. Northern Pac, c 135 1$6 P. M. S. Co. ... Pennsylvania Ry. P. O , L. C. Co P. a C. 0. ..... do pfd. Reading, e do second pfd. do first pfd. R. I. 8 , 0. .. do pfd. ...... Rock island, c. do Tit d. 15 120 121 2$Vi 36 . . . .1 111 112 Vi a L. 6. .F. 2d pfd, do 1st pro.... Bt L.4B. W,e. do pfd UK 84V4 Southern Pac, c. do pfd South. Ry4 0, . do pfd....... Tenn. C. A I... Texas A Paclflo 118 46 a T.. Bt L. A W., c do pfd Union Pacific, e. do pfd U. 8. Rubber, o..l do pfd U. 8. Steel Co., o. do pfd Wabash, o do pfd........ W. U. Telegraph 144 112 8t 17! 28 65 Total salea 166,100 shares. - . - - BwaesaawwpMHiwsiMaw v i----: United States Government Bonds.' New York. June ... I j.' Government bonds: ' ' J. Bid. . Ask. Twoa. registered 104 104 rfn ponnon. ............. .104 V4 ....... Threes, registered. , ...... 1 01 do coupon.. .....1 01 101 101? II ui ttmau r uuiiun. v. . . ,... uv 7S . ..... Fours;! regiateyed..,,....120 121 do coupon. .122 Xwoa, panajnas?,4J,.,J(..;..102; 103 FORElBiI. EARS HEAR DAMAGE Liverpool and Other Euro pean Markets Help Chi cago to Move Wheat Up. , CHICAGO WHEAT MARKET. . , Open. Close. June 12. Gain. July ..... $84 Bi 88 IV, Sept 86 8B 85 1 Deo. 87 87 68 ' (United Press Lund Wirt.) Chicago, Jun 18. Liverpool figures were from lV4d to lftd higher on heavy rains in th southwest The market for wheat her opened with many buyers ana rew sellers a half to on fourth cent higher. Continental marketa were all stronger and higher prices wer the result of what they beard of crop pros pects here. Local receipts were 21 cars against 18 last year and at Minne apolis and Duluth the number of cars received waa 160 against 269 th sim ilar day last year, ReporU from the northwest were, aa a rule, very encour aging regarding th spring wheat out look, buf in th meantime ther was evidently great scarcity of old wheat Following h opening bulger ther was m inauw aecun or moaerat propor tion caused by selling of the smaller class of longs who desired to. realise the profits they had at opening prices. t th olos was 88 c, or 1 hlghr than it left off the day befora Business in corn was largely influ enced by the weather. That waa at least th cas at the opening, when Pri?M. w,f DOU K higher than they left off th day pravloua There waa a great deal for sale at th slight im provement It wss said that ther were indications or ireer shipments from country stations, which wouM tn n next week's receipts at this point Num. ber of cars received today waa S47 and shipments wer 110,000 bushels. Liv erpool reported futures & higher. An active business at better prices was done In oata for about 15 minutes, after whloh both activity and prices fell off, the latter getting back In cours ui ma nour 10 wnere 11 waa at tn ciooe. Local receipts wer ISt cars and ship ments 288.000 bushels. Bamol market was falrlv firm a prices paid yesterday. Estlmat of jaonaay-B receipt was ill cara Movement or hnei aa nomninfi with last year's being somewhat larger, there was a aisposiuon in tne trade to sell th produots. Packing in thia were aald to be amona the heaviest aur of lard, and among th bouses having olose connections with th stockyards there waa an impression that ' next week's hog receipts would be heavier. Number received at Chicago this week waa ioo.uvq against 171,000 th like week of th previous year. Today's total heavier than that of th corresponding day last year. Estimate of Mondays local receipts waa 48,000 and for all next week, 110,000. Rang of prices: WHEAT. Open, 88V 5; High. 89 88 Low. 88 86 86 Close. July Sept. 89H 88 B Deo. 87 87 Vi 87 CORN. ..... 87 67 66 $ ..... 66 66 OATS. 42 42 26 86 July Sept Deo. 86 .( 42 $8. $ 65 16 i July , Sept 42 35B mb May MESS PORK. July 1405 1417 1403 Sept 1435 1445 1430 LARD. 1411 1440 July Sept 880 880 872 $90 900 890 SHORT RIBS. 772 780 778 802 305 T85 $7$ (92 July .... T78 00 Sept ... PEICE OF NEVADA SHARES IX FRISCO (Furnished by Overbeck A Cook Co.) Ban Francisco, Jun 18 Bid prices; BULLFROG DISTRICT.. . Orldnal le. Bullf. Ml C So. Mont Bullf. loA. Nat Bank 6c, L. Harris, IcA. Amathvst 80. Oold Bar 4a Denver Buf. Anx. 4cA, MayfL Cons. 60, Monty. Ohio Ext IcA, O. Soepter lc. Monty. Mt 60, Homes take Cons. 30 c, Tramp Cons. 13 c, Victor ICA. TOnOrAHS. Ton. Nav. 88.20A. Mont Ton. 81.45. Ton. Ext 80c, MacNamara 33o, Midway 860, Ton. Belmont 81c, Ton. No. Star 7a, Ohio Ton. IcA, Wst End Cons. 4 So, Resou 80, Ton. A Calif. 2cA, Oolden AJichor lc, Jim Butler 23a, Monarch Pitta. Ex. SoA, Oolden Crown 2cA. MANHATTAN DISTRICT. Mann. Cons. 80. Mann. M. C 2oA. Ck Wedge 2a, Seyler Hump lo. Dexter ecA, i. joe 10, uranny oa, Mustang 00, Ldt tla Orey lo. Cowboy loA, Orlg. Mann. 2c. Bronoho lo. Jump. Jack 4oA, Pine nu lc, T. Horsa ScA. VARIOUS DISTRICTS. Nevada Hills If.OOA. Plttsburc Silver Peak $ Lit, No. Star Wonder lo. Eagle's Neat llo. Alio of Wonder loA. OOLDFIELD DISTRICT. Sandstorm 23a. Columbia Mt 12c Jumbo Ext 28c, Vernal ScA, Pennsyl vania 2oA, Kendall I60A, Booth 16c, Blu Bull 8c, Adams 4c Sliver Pick 15c, May Queen 8cA, Nv. Boy 2c B. B. Ext lc Blu Ball la, Dixie lc O, Co lumbia 80A, Hlbernla 2c, Conqueror Sc Blk. Rock lc Lone Star 6c O. Wonder ioA. Oro 80, Kendall Ext 3cA, Sandst Ixt SeA, Mayn lc Atlanta 17c Oreat 7c, rlorenc $3.10, Diara'f B. B. Con. 16c O. Daisy TOcA, Comb. Pract 47c 1 Or. Band Anx. 6c Mlllstorm lc B. B. Bonansa lc Kewanos 26c Esmeralda ScA. Portland 7c Cracker Jack 6c. Fran claMohawk 16c, Red Hill 17c, Mohawk Ext 2c Dou Dillon lo. T. Tiger 7c Grandma 6c 83. Pick Ext lc T. Boa lc Ooldf. Cona. $6.47 Vi. Dlam'f Trt anarla $c COMSTOCK DI8TRICT. . . Onhlr 12.77 Mexican 46c Oould A Curry 12c Con. Virginia 66c, Savag 2 9c A, Hal A Norcroaa .60, Tellow Jacket 60cA, Belcher 20c Confidence 26c Slerta Nev. lOoA. Exchequer X9o. Union 26c ., . Sheep Strong in Eaat. V: a Chicago; Jun IS. Official run! ' - 4 , Hoga. Cattle Sheer. Chicago 12.000 8,000 , 600 Omaha ........ 9.6 9 0 : 100 1.000 Kansas City.... Tlood Hogs ar steaay: iert over 1,400. Be ceipU year ago, 11,000. Mixed, $5.45 a SJf; 'rTJ5i".I8! Mua-n. 8S.S0S 5:66; light, $6.$0l.70. ,s cattle Bteaay. , Sheep Strong. '' ;i : Q verbecjk S Cpokc Co. Ccnnlssica Kcrdiaa!s, Slacks, Ccais, CcKca, Crz'x, r. ' ::r'- ' ' 216-217 BOARD OF TRADE BUILDLNQ II embers Oiicsgro Board of Trade, Correspondents ci Login & Tryan, ; Chicago, New York, Boston. We have the only private wire eoftnectinff Tortlani with .the ea .ter -i v ."- .exchanges,- . STIflE OVER : ERIE MATTER Stock Market Experiences a Setback-rCrop Outlook to Be Watched. STOCK Amalgamated MARKET GAINS. , A. Smelter Atchison .... ,. it. raui ...... ,., ;CoL Fuel ..... C. A O Oreat Nor. N. X .Cent .. Reading 8. JP. ,, Nor. Paclflo U. 8. Steel . . . Vi do pfd U. P. STOCK Ixtcomotlv , Sugar Erla do 2d pfd . MARKET LOSSES. .. V4I do 1st pfd . .. B. AO. . . iBrooklyn - . . l By A. M- Chapman. . 1 (BMrtt Ntw by Loogeat Ltaaed Wire.) New York, Jun 1$. After another slump at th opening of th atock mar ket today during which tha prices 0 all the leading Issues declined frac tionally below the lowest notch reached for Friday, a recovery was experienced and at the close of th session net gain had been recorded in most of the list. Rock Island waa among th moat not able examples. . At the end of the day th quotation for the first preferred of that stock showed a loss of 1 points. London was again a heavy seller, due it ia said, to disappointment in Europe generally, over the result of the Union Pacific bond sale and to the fat of tha Erie. ; , ? . - Execution of the foreign selling or der was accompanied by aggressiv action by brokers acting for operators hera committed to th bear side. That Sent prices to a level at which stop loss orders, left by traders who had zona out of town for tha week's end, wera encountered. The downward movement. however, was ended abruptly. In th last half hour th ton bad become firm and almost all the losses , had been recovered. "., a In th next two months the stock market will pay particular attention to tha harvests. If th crops are any where near as bountiful as present in dications lead experts to believe they will be, prices ar - bound to advance. So far as th present moment is con cerned many brokers say that th re cent upward movement has discounted developments of th near future. They believe it will be well for the specu lator or Investor to rest until business has more nearly eaught up with quo tations of tha activ issues. Persons closa to tha Harrtman inter sta today declared that a plan for tha reorganisation of tha Erie was being contemplated. If ' It goes through, it will be seen that th Union Paclflo and th Erie hav been brought into much cloaer connectiona. . . ; Prices Are Higher. Waited Press Leased Wire.) Ntw ToA Jun 13. This ha been one of the least eventful week of tha seaaon so far as the stook exchange dealings ar concerned. Business for tho first two thirds of th season stead ily dwindled -until tha daily average reached as scant a volume as any re corded in the last thre or four yeara and with this shrinkage in tha trading, went an approximately complete sus pension of price fluctuations, Outslda trad la unquestionably picking up and in dua time It is felt will overtake tha "discounting movement on the stock xchanga," . At the moment conservative judg ment 1 that prices hav risen as much as is saf and prudent The agricultur al outlook is excellent .yet it must ba remembered that except for th autumn mown crop th situation ii still lnUta early stages and many mishaps might occur before tha harvest is really as sured. Tha . nomination conventions . are at hand and cautious people ar waiting to sea what th olatforma will aav In regard to tha rreat bust of th day. In all thia. Wall afreet baa seen enough reason why it. should go very slow for th time being. Leaving out ,0?. the reckoning th reduction la teel the price of which is problemat ical, developments of th wnrir k.fi,in In the broader way on th financial outlook hav been distinctly favorable. Tha axrvernment eran wnnrt mmrt k, ter showing than private forecasts has led tha market to. anticipate Scarcely less Important than the promise of large cropa Is th probability which every day brings nearer to certainty that owing to tha small supplies th world over, th American farmer will get hla prlc for, what he has to sell. How strongly this bears on the ques tion of trade development Is so appar ent that it scarcely needs emphasizing. Thara la nothing in tb matter to dU tresa tha market for long. Neither la ther anything that ought to hava been realised beforehand about th ErI dls ?i.urA They would have had very Httle effect her. It is a fact that Wall street has been indulging in a good deal of doubting about jtE futur of Erta property. Eri ought not to hav bean allowd to go Into th hands of a re ce ver laat April whan the $5,000,000 Jn-rket at th waa prepared for the announcement and tha shock would hava been alight New Tork Bond Market. , . J: J ' " 'Bid. Mich. Cent 5 per cents ,.100Vi fnn- K- R- 8,r centa....l00S Unltyd Rys. Bt I 4s...... 80 2 oouiMrn rso.,ist rer. 4a.. 93 N. A W. cona. 4a ..... tlu R." t 1st ret 4a" i" .!! 88 64 79 -95 Inter. Met 4s oi.n!i:::::: Q. a I ref. gold 4s .... Cona. Trac Co. N. J. Bs..ift Erie lat cons. 4a ' T t. tc Central Pac 1st 4s ....... oga? WB9 ooas. : , 92 L. A- N. unl. 4s ?, t..... . 98 1 C.. B. A Q. joint 4a.. . A... ill gfc.Br:-14 trT (PhilalVii 68 "il' uu. w. v-oi. vrmi. 4S 73 v - : 74 - New York Cotton Market. V (Furnished by Overbeck ' A Cook Cc) ' ' ' '"'-"-June Jan. .rt.,......, 982 823 981 91) Mar, 918 -934- it 8H July . ....... ,.ioas 1017 1082 10H Aug. 1012 , 998 1012 9?1 Oct ............ 961 940 962 9.1 Dec ......'.. 929 928 93S 9.1 v Uverpool 1heat Market. Liverpool. June 1$. Moe: Wheat July, 7slHd; September, 11VJ; De cember, 6s lid. - CornJuly. 5s d. Ask. 100 100 80 J, 92 4 73 '60" 87 ' 4 V' 82V 97 Va 103 80 20 iiu 99 i-- 99 ft