t.
10
THE OREOON DAILY JOURNAi; PORTLAND. MONDAY EVENING. SJULY 8, .1908.
WORLD'S MARKETS TODAY
CWHEMr
OIXED TONE III
GOODS
Some Canneries Are Xow Op
erating: While Others Still
Remain Idle.
t.
The rnned, fruit marki-t In In tho
wont position Tor many h season.
Prices ! low-er In every line hut this
Is not helping the business to any ex
tent. 1 In the rnolftc northwest the cannery
situation rould scarcely he worse from
a financial point of view. The many
new. cannerlen ronntrurtpd during the
past two years hsve ovrloatlti ihe mar
ket and In consequence some one stands
to lose considerable money. In the can
nery btilldlnr ninrkel the manufacturers
have got in their work unite well. They
hav sent their most ahle represent!!-1
. tlves to talk cnnneiy to every one who
. would listen and u few they had to
catch on the run. The result Is that
Oregon Is today suffering from an over-
eupply or canixrleH and some or inem
" are not being operated at nil. while
others will scarcely rnaKe sufficient
moner to nav Interest charges.
' This condition has heen brought about
Which made ready money a sort of lux
ury to name. Principal among the
cauaes which make 'the cannery nusi
nesa unprofitable here the present sea
arm, waa the trreat shortage In supplies
the last few years which forced the
, pftpg tf canned frtilta lieyond a basis
i where ordinary consumption was pos-
sible. The consumer who was asked to
: t , pay 2S cents for a can of first class
i ' fruits In the retail shops, did not buy
i half or a quarter as many cans as
ij usual, because of the unusually high
j : price asked.
Orooera Are Overstocked.
! :, The retail grocery trade Is over
stocked with canned fruits for which
I ..it paid very high prices a year ago.
. These goods ere still upon the shelves
j and few or the retailers came to lose
money by selling them below actual
cost. In this way they hold back con-
sumption. hlle wholesalers are tak
Jng orders for futures, and have been
lor acme time; they report a much
- smaller amount of business than usual
In this -line. Retailers who have cleaner!
. up are not anxious to take hojd. the
v general opinion, or the trade being that
. . prices will go lower than opening flg
- urea,
- Ho Zrfosl Prices Open.
While California canners named their
opening prices on fruits some time ag-o.
no figures have been named by the lo
: cal people and in the lines where local
Stocks have the awing of the market,
the trade Is at a loss just how to act.
Because of the financial depression
j (Mid the small sale for futures it Is
stated that few of the wholesalers
have made (heir customary advances
f to the canners. The latter are In turn.
i unable to operate their plants without
, financial assistance and some of the
i .'.larger institutions have for this rea
0n not yet started 1908 operations.
" - Stay Cut Sown Big Output.
' This may cut down to a considerable
- degree the expected big production nf
f . cannea gooas in misstate as wel as In
California, where identically the same
onttltions prevail. Those who had been
- figurnlg upon a record-breaking canning
may nayc rooien tnemseives and a real
' shortage may be shown at a later date
iifter the full season's work is ended
nd counted.
: Not only are the wholesale grocers
. i,, 'NaldJo be wHhoIdlng their customarv
money advances to the canners but some
cf them have not purchased at all, being
01 ine opinion nice some or the retail
ers tnat tney may do better. With
the banks not overwllling to take
chances on the canned goods market
. and the canners themselves pressed for
v pperating finds the situation is Indeed
a mixed one and there's no telling what
will be the outcome.
News Gossip
of Finance
New York, July 6. Par silver,. 64c
London, July fi Silver Ud.
New York. Julv . B. A O. has sold
$2,01)0. lion of Its prior Hen 3 V per cent
gold bonds, thim completing the auth
orised Issue of JTh.uOO.iKMi.
Chicago, Julv fi American Railroad
Association bulletin of Idle cars shows
a decrease of 36 49 per cent on juno 24.
London, July 6 Consols for account
and for money down, 5-1 fid.
sharp emus
RULING WHEAT
Trade Digests Damage Re
ports and Tuts Up the
Price Everywhere.
New York,
bonds
Two, registered
do, coupon . . . .
Threes, registered
do. coupon . . . .
Hnial I bonds . . . .
Fours, registered
do,, coupon . . . .
Twos, l'iinama . .
July 6. ( Jovcrnmcnt
104
1114
100
1004
loo to
1 2 1 '
... 1 2 2 Vl
105
1 00 .
1Mb
1224
123
New York, July 6. Copper metal un
changed: lake. 1 1 ti 1 2 c; electrolytic,
12ftl 12S,-; castings. 1 2 4 & 1 2 c.
BRIEF NOTES OF TRADE.
First Car of Watermelons This Sea-
son I Due to Arrive Tomorrow.
7 Davenport Broa. report that the first
car of watermelons is due to arrive
here either Tuesday or Wednesday from
Southern California.
With larger supplies Royal Ann cher--jrl.es
are down to 6 and 6c a pound In
BU1K
crate; S-crate lots $1.40 per ernte;
California red. $1.25 per sack; yellow,
$1.60; garlic. 15c lb.
POTATOKS Old. selling. 6fg)75c;
sweet. oifj;jo; new polntoes, $1.50.
APPLES New California, $1.60.
KRK8H FRUITS Oranges $3.75
4.25; bannnas, 640 per lb; crated, 6c;
lemons, $3.754.75 box; grapefruit. $4
(3$4.50; pineapples, Hawaiian, $5.00
dor; strawberries. Willamette valley
S0ca$1.25. cantaloupes. $1.2j(fi 1,75; ap
ricots, 90c $1.15: blackberries. 11.40:
peaches, 75c ft $1; pears, $1.35; grapes.
II. d0; raspberries, lcfd 11.60; loganber
ries. 7ocS$l; cherries, Roval Ann, 6 5?
6c lb.
VEGETABLES Turnlns. new Oregon.
20c; beets. 20c: carrots, 20c ner dozen
bunches: narsnlns SSofflSl.OO: cnbhnsre.
$1.50; tomatoes, California, $1.75 box;
reans. si!)o lt; cauliflower, California,
crate, Il.52.O0; peas. Oregon. Shi&
6c; horseradish, 810c: artichokes. ( )
do; green onions. 15c doz; peppers,
bell, 20c; Chile, 20c lb; head lettuce, 25
30c doz; cucumbers, hothouse, local,
85c$I doz; radishes, 15c doz bunches;
rhubarb. Oregon, 2 H U' 3r; celerv, 75c;
asparagus, California, 8f9c lb; "goose
berries, 6c; eggplant, 104il5c; green
corn, 1 2 U fi 1 5c doz.
Orooerles. iruts. tto. ' ".
8UQAR California & Hawaiian Re
finery Cube, $6.80; powdered, $6.45:
berry. $6.26: dry aranuiatod. $6.25: XXX
granulated, $6.16; conf. A., $6.26: extra
B., $5.80; golden Q., 6.30: D.. yellcw.
$6.55; beet granulated, $6.06; barrels.
16c; tJialf barrels 80c; boxes. 56c ad
vance on sack basis.
(Above prices are 0 days net cash
quotations.)
HONET $9 0 per crate.
COFFEE Package brands, $16.60.
SALT Coarse Half round 100s.
$11.00 per ton; 60s. $11.60: table, dairy
60s, $i6.60; 10t, $16.00' bates, $2 35;
Imported Liverpool. 6tm, J20.00: 100s.
its.uo; 4s, jis.oo; extra rine barrels.
2a. 6s and 10s. ; 4. BOWK. 50: . Llvernoo!
lump rock. 20.50 per ton.
RICE: Imperial Janan No. 1. 6c; No.
S, SH8Bc; New Orleans, head. 7o;
AJax. (); Creole, 6c.
BEANS Small white. $4.TB; large
white, $4.75; pink, $3.85: bayou. $3.85;
LI mas, $5.85: Mexican reds. ( ).
Keats, Pisa and FT visions.
DRESSED MEATS Front street
Hogs, fancy, 7o lb; ordinary, 6e;
large, 6&6c; veal, extra, 8c per
lb.; ordinary, "7Ho per lb.; heavy, 7o
per lb.; mutton, fancy, 88V4c per lb.;
spring lamb, 7c.
HAMS. BACON. ETC.-Portland psck
(local) hams, 10 to 13 lbs, 16Vsc per lb;
breakfast bacon. 1523o per lb; picnics,
lie per lb; cottage roll 12c lb; regular
short clears smoked. 12c per lb; bucks,
smoked, 12Hc lb; smoked short clears.
12 He lb; clear bellies, smoked. 13 He lb;
shoulders, 12c per lb; pickled tonuea,
70c each.
LOCAL LARD Kettle leaf, 10s, UVc
Wheat Harvest Starts.
(Special niipatrn to The Journal.)
Pendleton, Or., July 6. Har
vest has already begun in some
parts of Umatilla county, and it
will be in full blast on the res
ervation and In the big wheat
section of the county about tho
middle of the month. In some
places the crop will be consid
erable short, tin ugh In most
sections It is predicted that
there will be 75 per cent of a
normal crop, or an average of
35 bushels to the acre. There
will be some 40-bushel' yields.
On account of the dry, cold
spring season the crop will be
Khort of last year, but with a
price of 75 cents which the
farmers expect to receive this
fall they will be but little short
this year.
B. 8 0. ISSUE
GOOD BOOSTER
Successful Termination of
Sale Adds Strength and
Price to Stocks.
FOR OPENING DAY
Fifteenth Session of the As
sembly Begins Work To
morrow at Gladstone.
HTOCK MARKET OAINS.
Oreat stir is characteristic today of
the city of tents at Oladstono Park.
Campers, men with 'stools, and the man
agement are getting ready for the be
ginning of the Chautauqua tomorrow
morning.
At 10:15 the Ciiemawa Tnrilsn hand
will begin the opening of the fifteenth
session of the assembly. After invoca
tion, Hon. Willis C. Hawlev will make
a few characteristic remarks which will
be responded to by the Rev. Paul Rader
of Portland. The summer schorls will
then be organized and announcements
by the instructors.
In the afternoon at 1:15, the Cheinawa
Indian band will give a concert and at
2 o'clock tiie Willamette ladles' quar
tette will sing. At 2:S0 Dr. Alfred Mont
goraery will lecture on "American Art."
i tie uresham Ulants and the Lebanon
Cuba will cross bats at 3:30 on the
tJ j Chautauqua baseball diamond.
" In the evening nt 7:16 will be another
concert by the Indian band. Prof. Eu
gene Knox will read at 8 o'clock, after
which will be a solo bv Mis K'dna
lUrn.-nln. l -o T ,,.,ra u I alr. will
tho news that Baltimore & Ohio had sold lecture at' 8:30 on "llv Nelarhbor and I."
Anaconda . . .
Amalgamated
Atchison
Sugar
Am. Smelt. .
I-,ocomotlve .
n. ao
Brooklyn , . .
Colo Fuel ...
fit. Paul
C. & O
Reading
S. P
V. P.
. . 1 ir'anadlan . . .
. lHKrle
. .1 Ot. Nor. ...
. . IT, 'III. Cent. ...
. ,8L. . N. ...
..1HN. P
. . Mo. Pac. ...
. .1 Nat. Lead ..
,.1'N. Y. Cent. .
.2 I'enn
. 1 St'- S. Steel. . .
. 2 V do pf d. . . .
. ilVestlnghouse
2hI
. .1
New York, July 6. Conf Irmatlon of
July
Sept.
iec.
May
the last $2,000,000 of Its Issue of $76,-
000,000 of 3 per cent gold bonds, had
bullish effect upon stock market trad
ing and values today. While B. & O.
rtlclnated In The aeneral advance to
the extent of a fraction less than a
point, the rest of the market was over
flowing with newly created Interest.
For the dav American Smelter had a
net rise of 3 points, advancing to 80H
.1 ..,...! .. tf, a t i . . .1
went to 136 and toward the close the
stock was commanding that figure.
Northern Pacific also participated in the
upwara swing and swung close to 139?
at the end of the day. Union Pacific
puri-ifio H-WE-lT HiRlflTT 1 " several limes wu anil
' ' ' . , v, - ' ' ...... - r no v d.lo.l K ,.eajAn at Ba,rA,.l
Open. Close. July 3. Gain, fractions above that mark or 2 points
nuv4n iTsifiouve r riuay
Programs of the Chautauuuii can be
secured from the O. W. P. office at
First and Alder streets, the g. P. office
on Third and Washington streets, and
the Y. M. C. A. and Y. W. C. A. rooms.
The speaclnl rates for season tickets
close tonight; after today each ticket
costs $2.50.
. .87H
, .881.4
. .89
,.92
89 V
0HB
94B
89 V
93
1
Range by Overbeck & Cooke Co. )
DESCRIPTION.
Chicago, July 6. Sober judgment of
the wheat trade put the price nearly 2c
a bushel to hieher todav. Over the
1 A 1 f . - 1 I I K
hnlldHVs the tral hss had fulUImp tnl?'""
- " r - -" Am. i: A- h r Hfi
(Jigest the various reports of good and do pfd !
bad crops, and Its answer waa plain Am- C0- Oil, c.J 30s,
hen It begun to'bid higher prices. Am- Loco., c j 48H
O
v
HVllhar rnnitltinn. ar. !(!! a o-J i nai A m. Mllirar. C
the crop. The official report showed Am- amen, c...
rains have been general over the wheat . " 1?:"-. .
count rv tile nt . ' hours Forcoat In. "" AlUltn l O .
day and tomorrow: Illinois, Indiana. lAicnison. c
Michigan. Wisconsin. Minnesota. Ohio, JA"
Iowa Showers today and cooler: Tnes- I a'. l'j c'--
dav fair. Dakotas Fair todnv and to- "".PrI!
morrow. Nebraska aud Kansas Show
ers ana cooler today; Tuesday Talr.
Brook. R. T. . .
Can. Pac. c...
Tho Amori,-!.,, ,-ir. ,.i.iki. o. i., eni. i-eain.. c
.. " I CM. & G. W.. c
t,..u.,. . M. St. P.
t tie-a. i. tin i t-d-r-u . . , l.n.i i.uiji m o
rn ir, itrvji rnnni J ,IMJ ( ,UUU
78T4
1011
4
0
68
35
6 6 H I 67 is
35 35
97
80T4 30 '4 30 V,
49H! 8Vi' 4?'.
127 126 12i'.i
J tt! i I 5s M
EQUIPMENT USED ON
BIG D4BJ0JE SOLD
rublicAitctiotfWillBeHeld
at Cold Springs Dam
July 11.
102
43
82'
101
42
81
87V 8S V, ' 87
shows
"484 49Vr47U
160i160 1604
24V4 25V 24-
F. A I., c
:i34Mi
40
136
41
String bean market shows verv liberal
supplies. Price down to 6c.
. New potstwa are dawn to $1.50 gen-
Vrflllv With a fAV alllntf , n Inn,..,
Kg'gs and poultry are 'holding steadv R0: Eagle, canned, 60c can. $7.00
at former prices aozen; eastern in shell. $1.76 per 100.
- Peaches are in laige suddIv with sales ! CLAMS Hardshell, per box. $2.40
per lb; 5s, 13 He per lb; 50 lb Una.
12 He per lb: steam rendered, 10s. 12c
per lb; 6s, 12 H per lb; compound, 10a.
9 Uc per lb.
FISH Rock cod, 12o lb; flounders,
60 per lb; halibut, 6c per lb; striped
bass. 15c per lb: catfish. Ho per lb: sal
mon, chlnook. He lb: bluebacks. 8c lb
steelhead. 8c lb; herrings, 6c lb; soles.
70 per lb; shrlmpw 10o per It, perch,
c per lb; tomccd, 11c per lb; lobsters,
25c per lb: fresh mackerel. 8c Der lb:
crawfish, 25c per doxen; sturgeon, 12V4C
per lb; black bass, 20c per lb: silver
smelt, 6(&7c per lb; black cod. iVic lb:
crabs, $10001.60 doz; sbad. 214c; roe
snaa, tc; snaa roe. 12 He lb.
OYSTERS Shoalwater Hav. tier nl-
lon, $2.60; per 100-lb sack, $5.00; Olym-
Broomhall cabled world's wheat ship-
Colo. South, com
nients as 5.664,000 bushels, corn 3,185,000 do'' 1st nfd
oiiKneia. Hiiem on passage snows a de- Dela Hudson
crease of 342,000 bushels, corn 40,000 Den l & Rl" G, "
Encouraged bv the sharn rise nhrnnd
mis marnpi imoroven anil nivRnrpfl r.tA
. n.t- ujunuiK near IJIC nign
juini ior me nay.
Julv
Sept.
Dec.
May
July
Sept.
Dec.
High. Low. Close
XT vj RS?4
1 8 V ht
89 Vj
93 H
flft, per gallon, $2.40; per 100-Ito Baclr,
oulte fair at 76c and $1 a box.
Plums and prunes are still In an over
aupply with prices correspondingly low.
A car of loganberries was shipped in
by the Brooks association In quite good
shape today. Priced at 76c and $1 a
crate.
1 A fin shipment of California toma-
toes arrived In this morning with de
. mand good at $1.75. Same price on
, Texas stuff.
Local celery is arriving and Is quoted
, ; a-l iec a nnjen. ureen.
1 Btra wherry market Is steadv for good
; stock. Sales during the day at 80c and
i.2a a crate.
Raspberries are arriving in mixed
v condition with sales from 75c to $1.60
ccoruing to quality.
There is nothing Antr In the hnn mmr
ket. not even in contracting. Growers
are holding for 9c or- better but are
not peing offered that figure.
- Front rtreet sells at the following
prices. Those paid shippers are less
regular commissions:
Orals, floor ana Xar.
WHEAT Buying price Track.
Portland Club 86c; blueatem. 8e; red,
$4e: Willamette vallev.SSe hushel
FLOUR Selling price Eastern Ore
gon patents. 4i; straights. $4.0iO
4.6S; exports. $3.69 70; valley, $4.46;
graham, Us, $4 40; whole wheat, $4.(5;
rye. 6s, $560 ; bales. $3.
MILLSTCFFS Selling price Bran
$26; middlings. $S0.60; shorts, $28
SI.60; chep S 31 f? 29 per ton.
HAT Producers' prloe Timothy,
Willamette valley, fancy $1J?$1J50;
ordinary, $12 5013: eastern Oregon.
$1617; mixed. $10 10 50; clover, $(
e; grain, $1112; cheat, $11012;
ilfalfa, IS'ftlO.
BAR LEY Feed. $26 60; relied. $2T.M
Ott.60: brewing. $27.
OATS No. 1 White. 117.B0: tmw 17
per too.
S. . arnrter. lm and Bonlarr.
. BUTTER FAT Delivery t o. b Port
lead Sweet cream. H; aour. 31 He
:B17TTER Extra creamery, 26c: fan
y, He; ordinary. 2lHoHc; store,
17c,
j33? Extra fancy, oandled, l!Hft
CHEESE Full
raior clams, $2.00 per box. 10c cer dox,
ralato. Coal Oil. Etc
ROPE Pure Manila, 12 He; standard,
11c; sisal, 9Ho; I. B. sisaL 8 He.
LINSEED OIL Raw, bblB. 61c;
cases. ffSc; boiled, bbls, 63c; case, 67c
a gal; lots of 260 gallons, lc less; oil
cake meal, $34 ton.
BENZINE 86 deg., cases. 19 Ho per
gal; Iron bhls. IJljc per gal.
TURPENTINE In cases, 72c per gal;
wood bbls. 69c per gaL
WHITE LEAD Ton lots. 70 pef
id, dvu-id lois, ec id; less lots. 8c 10.
WIRE NAILS Present basis $2.86.
Julv
Sept
May
July
Sept.
Oct.
Julv
Sept.
Oct.
July
Sept
Oct.
Range by Ovepoeek & Cooke Co.:
IVHEAT.
Qpen.
87V,
8H 83
........ 89Sj, 90 'i
..... 93 4 94
CORN.
"3 H "4H
72 73i4
6! 'i 63
OATS.
48 48i
41 42s
44 -4 454,
PORK.
1560 13 70
15S5 i:90
ir,so ir,97
LARD.
937 945
li.".R 9fi0
9i.' 965
RIBS.
ST0 s?n
NTT S K T
S!0 S92
27H! 28 a
31
49
2414
19H
25
lam
124
73
72
61 S
47'
41 H
44 H
1555
1 565
15 72
937
947
955
74
"- 4
48 li
42ii
45
1565
1582
1590
942
95J
962
104
40
SA5
S T 7
S S 5
WETHERS DO NOT SELL
SO HIGH I'l YARDS
PORTLAND LIVESTOCK RCN.
Hnes I'nltl .Chr
Today I5,-
i""' ?(n rsn
i:"" Hh -r 1 mi
1905 70 101 519
do. 1st Dfd
Ot. North., pfd.
Illinois Central.
Louis. Nash..
Mathattan Ry. .,
Mex. ( en. Ky. . .
Mo., K. & T.. c.
do., pfd
fl r c I a -1
90 HH
84 National Iead .
N. Y. Central .
N. Y. O. & W...
N. & W. c
do pfd
N. Pacific, c
Pac. M. S. Co..
Penn. Ry
P. G. L. & C. Co
Pr. Steel Car, c.
do pfd
Reading, c
do 2d nfd
Rep. I. & C. c...
do prd
Rock Island, c. .
do pfd
St. L,. & S. F. 2p.
do 1st pfd
St. U S. W. c.
do pfd
fi. Pacific, c
So. Ry., c
do preferred. .
Tex. & Pacific. .
T St. L. A W.. C
do preferred . .
U. P., c.:. ..1146
do preferred . . I . . .
C S. Rubber, c. .i. . .
C. S Steel Co.. c! 3 8
no prererred . .
Wabash, pfd. . . .
W. IT. Telegraph.
Wis. Cent., c . . . .
do preferred . .
Westlnghouse . .
31 H
491,
24
19
25 'I
133
130
inti lju
105i4ll05H
i;i6ftll36H
15 I 15H
27 HI 28 H
' 49' Y 49" '
5H 67
RT0
885
892
127H
121
92
114H
82H
18H
104
41
15 Tt
30
25
43
16
38H
86 Vi
174
44H
23 H
194
139
25 H
122 V4
92
(Special Dispatch to Th Journal.)
Hermlston. Or., July 6. A big public
auction will be held at the Cold Springs
dam July 11. All horses, wagons and
OthAt annlnmanf nrViffh h.r. hoar, iiadH
41 ior me consirucuon 01 me Dig uam 01
2 the I'matilla protect will be sold. At
92 V i this time the last details will have been
88 14 completed and the scene of much activ-
!3 tty for the past year and a half will
4 be abandoned.
lblH When surveys were made for the
!" I I'matilla project, one of the mammoth
"i tasks of the nndertaklnc wh to enn-
134HU35!, i struct the Cold Springs dam. In Ie-
Jnii'l ji I cember, l0h, the preliminary work was
071- 07a ! nef"". hut not until March. 1907. waa
;Ii'4 nl?7 I the first car of gravel dumped from the
cor ! Tne entlre force of laborers has been
"" is5 1 dismissed, and this week the few offi
?i ill 01 if I "lal" HM In charge will leave. How
Vs -1 4 .ever, work in other narts of the nrnwt
65 1- prill k.., Anna Tho 1
10 1 1 n 11,,, .iit) nurB Mia
i:' onlv a little more than 40 nr cent -nm-
pleted. and the hauling and laying will
continue until well into the fall.
131 H
25
3 4 '4
13? T,
128 HI 29 -V
1 A f liirtT
105
135
15
28
48 H
$4
103H
0
114
83
18
Salmon Value
Holding High
While Halmon values ate rather IiIrIi.
It is generally believed that the market
has touched bottom for the present sea
son for fresh nh. Ttie price is at this
time on a basis where cold storage op
erators and cannerymen can afford to
buy and thev are taking all supplies
that the fresh fish trade cannot handle
The run In the Columbia Is increaxinK
materially with the lower stage of the
river.
Port! :n 1 1'nlon Stockyards, July
While no sheep arrived In the yards dur
ing the past 48 hours, tue market has
not been helped thereby In fact, best
wethers are not longer selling above
$2.76, which is a drop of 25c from the
former high mark.
Cattle are steady though dull and the
price is still belna maintained m 11 f,.r
best steers.
Ho market Is quiet but steady a,
former values.
Toduy 46 horses arrived In the vards
A year ago today all lines were steady
and unchanged.
Official yard prices todav
Hog;-Rest stuff. $i;.25(f', 35. China
fats. $a. 1 5 H h.00 , Blockers and tenders.
Sheep fiest wethers, $3.75
lambs. $4.50(4.76. mixed lots
3.50.
16
30 H
25 H
43
16H
38 H
87
1 7 H
45
23T4
19
M8H
i37H'
25
121
92H
114
82
18
154
28 H
24 H
43
16
38
105
135
15
28H
67 5
60
48 H
67 '4 I
104
40 '4
40
70
139
25U
122
92H
27H
84
116
82 H
IS H
68 H
16
30
25
43
16
SPRINGS SUDDENLY
CHARGE TO GEYSER
Astounding Transformation
Occurs at Kesort
Near Reno.
3 8 74
104HI104
22 H 23
(United Press Leaaed Wire.)
Reno, Nev., July 6. Transformed
Into a geyser which can be seen for 10
mile, the warm spring at Steamboat
Springs Is the center of attraction in
Nevada todav. An earthouake shock
384 ! which conM he riisflnctlv felf nt Vlr.
8fil4 87V4 I ginia City, caused the transformation.!
16T4I 17-4 I Every time the geyser spouts, a heavy j
44 H' 45 lunibling can be heard, and it Is be-1
3 23 lleved by scientists here that there Is
19 19 a great subterranean lake beneath the
' springs, Into which tons of lava fall.
.1.- nnio-Tn causing xne water to spout.
I 2H
38 Hi 38
1034!l"4H
22H
TAX ROLL SHOWS
HEAVY GAIN
Total sales. 524,900 shares.
Xew York Bond Market.
Bid.
Michigan Central 5s 100H
I'enn. R. R. 6s 100H
S. P. first ref. 4s 903
St 1,. 8. F. ref. 4s 66
N. & W. Cons. 4s 94 u
Met. Pt. Yr. ref. 4s
R. I. first ref. 4s R44
Inter. Mot. 4H 664
Atl. Coast Line 4s 81
O. R. fc N 4s 95
O. S. I,, ref. gold 4s 90
Cons Trac. Co., N. J. 5S...102H
Fjrie first Cons. 4a 81
I.. N. Cnl. 4s 97
Reading Uen. 4s 9"H
& O. aei. 4s 100
I'n. R'v gold tr (Phil.) 4s. 66H
Klec Peo. (Phil.) 4s 89 U.
Vn. R y I. Co.. Col. (Phil) 4s 73H
22H
65
15
I ' Over 30,0'oo personal tax statements
! will be collected and returned by the
county assessor this year when the work
I of securing valuations has been com
pleted. This is a gain of 3,000 over last
inni'z year. when about 27,000 statements
inn? were returned to Assessor Slgler. The
an- "eld work of the assessor's office for
""2, Hie year Is about completed and the
H j statements are coming In at such a
4 H 1 rapid rate that the work of making out
48 the roll Is progressing rapidly.
8 5
67
97H
91
103
83
98
7
90
74
HELP WANTED FEMALE
YOI'NG LADY WANTED TO WORK IN
confectionery and cigar store; wages
$7 per week. Apply at once. 288 Front,
near Columbia, Salem Electric depot.
spring
$3 25'u
Cannery Is Oiwratlnjr.
(Sreclal Dixpatcb t The JiHiniNl )
Freewater. Or.. July ? .- Tlie Free-
water cannery, which is managed by
A. Kortz. is now operating on cherries.
about six tons a day being packed The
cherry crop 1b at its height, ami plenty
of fruit can be had. An average price
for cherries tn quantities Is 3 irnts p. r
pound, or $60 per ton. whirr makes it.
demand of the cannery worth $3i per'llevd by I
dav to the farmers. In addition, the
cost of canning Is about the same
amount. At present there is a payroll
of 72 men. women and girls In the can
nery, the work being confined to cher
ries alone. When other fruits come on
double the present force will be ern
Dloved. The product of the cannery
$1,321,703 95
1,62 414 6 7
1?522.56
21 1.648 07
. .$2,170,112
3"9,704
i - ff.T",- 1,Hjl4c. Toung Amerl- thU year will run cbse to $200 000
P-Ast- I 41 Ike. fit 1 & !
ffncyhnlvCh'e XoHhwfrt Bank Statement
fc lb: fryers. ISc lb; broilers lie
Jb: geeee. spring, lie- turkeys, alive:
c: dresaed. lttJ0c ib: sprlig ducka;
IJ t6 it: pigeons. $1.2$ do dressed
poultry, leiHc.U,. higher. cre1
. Woot aac aUaea.
HOPS I 1 JO 7 crop, first prime. 6c
prime. 4He; medium to prim.. c
iym. IHeIb; lo crop. 2e$ue lb
COf tracU. c aad lc for taree Veara!
W OOI 1 Wll lawett. 72lii7i H
HEEPSKrXS IWiti. Itaite
each; short erooi. ta: bmJiub.
ri ,l -eh: ion w
. MOHAIR 17 NemlnaL llusiK
c lb; butl Krm aalt. I4e lb. 9
TALLOW Prire. per lb. I O e: Ka. t
and -r ISfVk
CXITTIM BARK $H04He.
rraita aaa TartMaWaa.
C.VIONS IWnsuda, (Xli txr 1Mb.
PORTLAND
Clearings tojay
Tear ago
Balances today
Year ago ....
SEATTLE.
Clearings
balances
TACOMA.
Clearings '! o?
Balances 214
Aftrr Affectrrt Cows.
(IhtI1 IMK'Htrh to TTip Journal )
Pendleton. Or, July 6. l)r W. (;
Cole, city physician, is. now planning
a campaign against the dalrv cws that
are affected with tuberculosis, and If
the doctor's recommendation are acted
upon by the city council there is to be
something doing In this line
That from 10 to 3t per cent, of the
dairy eo supplying milk to this city
mi wiuej-.iiiosis is be- Narr.ara
v ' ne win recommend
nre affected
VHICE OF XEVADA
SHARES IX FRISCO
(P'nrnlshed by Overbeck & Cooke Co.)
San Francisco, Julv 6 Bid prices
Rl'LLFROf DISTRICT.
Original lc, Bullf M. C. 3c. Mont.
Rullf IcA, L Harris IcA. Gold Rar
3c. Ronnie Clare 6c. Mayfl. Cons 5e.
Monty Ohio Ext IcA. (i. Scepter lc,
Monty Mt. 6c. Homestake Cons. 35c,
Tramp Cons 14c.
... ,,,, ,,,, ,nni an inspection
of the local dairy corns be made, and
that the local office of the bureau of ani
mal industry be aslted to assist In the
work.
Xew York Cotton Market.
(Furnished by Overbeck A- Cooke Co)
High. Ixi
o
So
95
99
January 904 df? s
March 901 n. 44
July 96'. 9 ST 957
August 9nT 942 942
September 938 SJ1 927
October 925 12
Iecemler io7 sj f, 7
TONOPAHS.
M..nt. Ton. $1 40. Ton. Ext. K5e, Mac-
35c. Midway 26c. Ton Bel
mont Kle. Ton. No. 6tar Sc. Ohio Ton.
IcA. West End Cons. 51c. Rescue 6c,
Golden Anchor lc, Jim Butler 21c. Ton.
Cash Boy 1c. Ton., Home 2cA, Monarch
Pitts Ex 3rA.
VARIOC8 DISTRICTS.
Nevada Hills Jl 75A. Pittsburg Silver
Peak $107H- Eagles Nest 10c, Alice
of Wonder IcA.
GOLD FIELD DISTRICT
Sandstorm 25c. Columbia Mt. ijc. Ver
nal 6cA. Pennsylvania IcA. Kendall ISc,
Booth lie. Blue Bull 7c, Adams He. 811-
i-icK incA. jvev Hoy 2c. B B Ext
i;;1c. Blue Fell 4c, Dixie lc. Hlbernia 2c,
.:,, st- T ?7cA. Conqueror 3c. Ixne Ptar
Ewtmi Llrrstork 5rkef.
Chicago, July Official run:
IJogs. Cattle. 8heep
Chicago i (" 12.000 IS.oofl
Kaasaa City ... 7.o 4 o f."0
Omaha ' S.ooe 4 con ,oa
, Hogs are steady; Jeft over. ftO" 'R
ept s rear ago were 41 oe Mixel
44f4t. heavy lKii rough
$ light. $ivttte
atUe Strong.
Xorthwent Crop Weather.
Oregon Fair and wsrmer tonight
Tuesday fair, warmer east portion,
northeast winds
Washington Fair tonight. warmer
eicept near roast Tuesday fair, warm
er east portion northeast winds
Idaho Fair and warmer tonight and
Tueedsy.
Portland Grain Receipts.
Wh-at
Oxm .
Hr.)
Flour
Barley
Tod it June 2 9 June
' 7i
2 2
1 i
I I
t X-S
ec, w onaer ica. Om Sc. Kendall Ext.
-v. pman e.xi. ic. Mayne le, Atlanta
lc. Orest Bend 2Sc. Empire lc. Red Top
Ext Sc. Florence $.1P7i. Piam f B. B.
Cnn lc. O. Daisy 0c. Comb. FracL
1c, Gr Bend Ext Sc. Or B-nd An 4e
Mlllrtorm 2c, B B Bonanza le. Kewa-4
nn -r. Esmeralda 2rA, Cracker Jack;
ir. rmnris Monsi isc. Red Hill lie,
Mohawk Ext le, Lon Dillon le. T Ti
ger 7c. T Rose lc. Goldf. Cons. $5 32 H.
Diam f Triangle Xr
TaHs Wheat aad Floor.
Pari. July Wheat. 10 to 20 cen
time up. flour, i centimes up
Old Age
Happiness
LARGELY depends
upon the saving
of a competence
for that period in
life. The safest and
surest plan to accom
plish this is to open up
a bank account and
keep adding to it.
Young men and wo
men, try it.
German- American
Bank
SlztB aa Wssniarto Streets,
rOBTZn. OMGVOV.
Safe Deposit Boxes JU p Per Year
LINN'S NEW COUNTY
OFFICERS SW0KN IN
t 1
(nperUI PUpatch to The Journal.)
Anbany, Or., July The new county
officers took their seata today. The
only changes are in the offices of cir
cuit Judge, treasurer and surveyor. As
Judge, J, N. Duncan succeeds (?. H. Stew
art; as treanurer, W. W. Francis takes
the place of James Elklna, and as sur
veyor, A. U Oeddes will follow H. Q.
KlBher. There are now but two Iemo
crats In the courthouae D. 8. Smith,
sheriff, and V. I Jackson, school su
perintendent. Linn waa at one time the
strongest Democratic county In Oregon,
I 1.1 H.' .. T L
but st Mis last election Vas Republican
by about .00. , .
SPECIAL ATTORNEYS
TO HAVE OFFICE
R. B. Townsend, special assistant 'to
the attorney-general, who Is to be asso
ciated with Tracy C. Becker In prose
cuting the suit to be filed by the gov
ernment to regain possession ot the
Oregon c California land- grant. Is to
have a private orrice in tne federal
building. Heretofore he has made his
headquarters In the office of the Uni
ted States attorney. Mr. Townsend and
Mr. Becker win occupy tne room former
ly used by the life saving Inspectors.
Fle wireless telegraph Stations will
be erected aiooa tbe catit cf A.t.n.
ixn ros iimxii CATaxootn
Trees, Shrubs, Vines, Etc
Air
J. J. BUTZER SEIDS
Portland Construction Company
Of P0RTIAND, OREGON
ENGINEERS AND BUILDERS OF ELECTRIC
RAILROADS, POWER GENERATING ,
PLANTS AND CONCRETE DAMS.
CAPITAL STOCK, $500,000
Par Value $100 Per Share
?100,000 PREFERRED, $400,000 COMMON
This company has contracts for the construction
of 200 miles of electric railway through Gilliam,
Wheeler, Wasco, Crook and Grant counties; also
contracts for concrete and steel dams on the John
Day and the Deschutes rivers; also for concrete
work on bridges and buildings amounting to over
$6,000,000.
These projects are being financed by a bond
issue of the Wasco County Electric & Water-Power
Co. to the amount of $15,000,000, and the money se
cured from the sale of this bond issue will be de
voted to the payment of the above-mentioned con
tracts. We Offer $100,000 of the Preferred
Stock of This Company, Paying 8 Per
Cent Per Annum, at $92 Per Share;
guaranteed by contract with the promoters to turn
over to a trust company twice the amount of the par
value of this stock in bonds of the Wasco County
Electric & Water-Power Co., to be held in escrow
as security for the payment of this stock at the end
of 10 years. A sinking fund to retire this $100,000
of stock at the end of 10 years being a stipulation in
the preferred stock, which will pay, as above men
tioned, 8 per cent dividends per annum.
This stock controls the entire assets of the com
pany. The money secured from the sale of this pre
ferred stock will be used for the purchase of equip
ment and for actual construction of 40 miles of
grading and contractors' skeleton railroad to haul
material for construction of power dam at the John
Day river, and for all other purposes incident to the
carrying forward of the work involved in these con
tracts. We can recommend this stock to be a first-class
investment.
COOK & TRUBY
SI 1 Corbett Bldg. Portland, Oregon
A-2184
4
Merchants Savings & Trust
Company
247 WASHINGTON STRELT
Capital $150,000
Pays Interest on Savings Accounts and Time Certificates.
Receives deposits subject to check without limitation as to
amount.
Effects -collections in any part of the country on most rea
sonable terms.
Acts as trustee in all legitimate relations. f
Cares for properties, collects rents, etc.
Interviews solicited with those contemplating any phase of
our service.
I iXOWIXG that thp nfficrrit and director.
I Al I f the Secur,,y Savings & Trust Corri
I I Pany faithfully and carefully attend to
I I ,he rfutlcs which devolve upon them,
. the people have every confidence rn
the stability of this conservative banking insti
tution. If you ar not a depositor of the Se
curity Savings & Trust Company we respect
fully invite you to investigate its strength and
facilities, and open an account, subject to
your check.
SECURITY SAV1KGS & TRUST COMPANY
coum svtunra, roimAMo, dkxooa
OspitU 93O0.O0O. mrpiM tiM.eoo.
Overbeck: & Cooke Co.
Commtsston Merchants, Stocks, Bonds, Cotton, Grain, Etc
216-217 BOARD OF TRApE BUILDINQ
Members Chicago Board of Trade, Correspondents of Logan & Bryan,
Chicago, New York. Boston.
We have the only priyate wire connecting Portland with the eastern
X exchanges.
1 hr the gToraraaeat of Oat covott