The Oregon daily journal. (Portland, Or.) 1902-1972, August 06, 1908, Image 12

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The Oregon daily journal., August 06, 1908, Page 12, Image 12

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Newspaper Page Text: :.. V L : 7 it THE OREGON DAILY JOURNAL, PORTLAND, THURSDAY EVENINQ, AUGUST 6. 1808. WHEAT AT $1,10 LAIMRSGETLOW MINERS RUT WORLD'S MARKETS TODAY Br SEPT. FIRST RATE TO SEATTLE WAGON ROAD ' r:'.r-,L 'N EGGS DROP TO 10WJGI1S Ranchers Flooding Market and Trice Hoes to asLow as 21 (Vnts. MOffF ROOM FOR HUE ELLIS 10 TIRED MARKET SAYS II. CLEWS Well-informed Traders Pre-Round Trip $7.50 During Development of Gold Creek BOARD ENTER CABINET diet Pnc Will Touch American Bar Associa- District Retarded Under That High Point tion Meeting. Present Conditions. IRK Eggs are becoming mem and more plentiful anil cheaper ami cheaper. l,ota of Oregon ranch product Lave been old for aa low as 21 cents with th privilege of randltrig. Butter la very si-nri e and the present high prior bi.ls fair to Im-umi even higher. Tlie dairy Industry in tlila iiitu' ix fast. Browing in imiiortaiu'e Easterners attra.-ted by the I:";"'" Jo be made are coming to the Willamette val1v In ever Inoruaul nit numbers. M il year Portland shippers wlil be In a po sition to drive out middle western but ter dealera from a large territory In the mining district of the northwest, which la being supplied with butter ' from points as far distant aa Nebraska. Fancy Gravensteln applea from Cali fornia are being received on the street In plentiful shipments, but the prime remain hiph. Local apples are toj mall and green to compete with the Im ported product aa yet.. Bartlett hui tn- A carload of Bartlett years has been t j -.. . v, .. t-nit la of fine nuaJ- ltv. The supply is beiing gobbled up by the retail buyers. Peach plums are about out of the market though some few are coming In from nearby points, mere vi7 4 nominal demand for them. Potatoes and Onions Sams. nninni and potatoes are In good de mand and the supply Is enough to meet this The price remains the same as yesterday. Celery grown in Oregon eardens Is Just coming Into the mar t nnA '.k crlsr and tender. White o.Uah tnmatoea are selling for 60c box. but the quality of the product la not comparable to the California ship ments and Is therefore not readily salable. . The last lonely crate of raspberries of the season was sold this morning for $1.26. A few more crates may find their -way to the market before the end of the week, but If. they do the berries will be from mountain garden a Drain, Floor ana Kay. WHKAT Buying price, new Track. Portland Club. lc; bfcuestem. 92c; red, ie- Willamette valley, old. 91c bushel FLOUR Selling prleM-Eaatern Ore- a-nn natenta. 14.K&: airmen is. ll.m JKK- TTfirt S3 40(32. 0: vaJlev 14 4 graham. Ht 14 0; whole wheat, $4.(1 MILLSTUE'fS Selling price Bran, fit: middlings, I3v.au; snoris, titv New Tables Necessary to Ac commodate New Members on Local Board of Trade. 4 Portland Board of Trade Jae- 4 4 oelpts. 4 4 Wheat. 14 oaj-". J. 670 sacks 4 4 Oats, 166 sacks. 4 Parley. 6 cars. 4.920 sacks. d 4 Flmir, S.670 narks. Hay. 4 cara, 838 bales. Today's Grain Market. WHEAT. Open. High. 8!B 91B OATS. 116B 12UB BARLEY. Wall Street Doesn't Love Possible Successor of Mr. Bonaparte. Big Wall Street Banker, However, Has Decidedly Optimistic Views. The Northern PacMo railway has (Salem Burtaa ef Tb Journal.) Salem, Or., Aug. f. An effort J ba Sept. Dec. Sept Dec. Close. 9B 81B 116B 120B Sept. Dec. .'JISB . H7H 116B 1174 Chicago. Aug. yaras receipts: HOgS. Chicago 16,000 Kansas City 9.000 Omaha 8,000 8. Today's stock- Cattle. Sheep. 7,000 16,000 8.000 6,009 22,000 3,000 Hogs opened steady at yesterday's closing figures. Left over yesterday. ft.ouu. Keceipts year ego were i,iwu. Mixed are $6.25 6.90; heavy, $6.60 90: rough. $6.206.50; light, $6. 20O 6.80. Cattle slow to steady and sheep are 10 cents lower. Sheep Receipts Heavy. Portland Union Stockyards, Aug. 6. The receipts of live stock continue nor mal. The prices remain the same as Monday. Eheep are obtainable In almost any number. Keceipts today: Hogs, us; cattle, ou; sneep. l.osu. SALEM HATCHERY WILL BE ENLARGED a Kn- hnn I!"ltf?ti nar ton. BARLEY Vee5. 16.50; rolled. tIT.M 28.60; brewing, 127. OATS No. 1 white, IJT.80; gray, t7 per ton. . HIT Pvlnea-a nrlce Old timothy. Willamette valley, fancy. $IJ1 J. 66; ordinary, 111.60011; eastern Oregon, 117; niUed. lQg10.60; clover, 18 : grain, 1112; cheat. Ill; alfalfa. tl0. Batter. Errs and Poultry. butter FAT Delivery f. o. b. Port- and Sweet cream, - 26e; - w, - He per lb. . BUTlEK Extra creamery. !7Hc fancy, 26c; ordinary, 25c; store, 16$j 17c. EGGS Select fancy, candled, 23 HQ J4c; ordinary. 23 He; eastern, 20c 21c Oron. 22Vk23c. CHEESE Full cream, flats, triplets and daisies, 14c; Toung Americas, 1SP)ULTRT Mixed chickens. 12Ve lb; fancy hens, IZHc; roosters, old, 9c; fryers, 14o; broilers. 15c lb.; geese. - SDrlng. 14c; turkeys. alive, 17c; spring ducks, 13 15c lb; pigeons. 1116 doz; dressed poultry, lSHijo 10 higher. Xopa, Wool and Kldea. HOPS 1907 crop, first prime, io; prime, 4c; medium to prime, 804c; medium, fftc lb; 1806 orop, ilStto lb; contracts, 9c WOOI 1808 Willamette valley. 13 16c MOHAIR 1 907 Nominal, 18ttla. 8HEBPSKIlfS Bhraring, 10 fl 16o each; short wool, 26 40c; medium wool, 60cl each; long wool, 76c 11.25 each. HIDES Dry hides, 13 14c lb; green. Efi6Hc; calves, green, 8g)10c; klpa, 6 7c lb; bulls, green salt, 4c lb. TALLOW Prime per lb, 3 4c; No. t and grease, 22Hc. CHITTIM BARK 84c. rroita and TegetaMeav ONIONS California. 31.26: Walla Walla, 11.25 per sack; garlic, 15c lb. POTATOES New, selling. $1.10 01.26; ouying, no (g sue per cwt APPLES New, $1.00. FRESH FRUITB Orangea. 14.00 4.25; bananas. 6 He per 11, crated, c: lemons, $4.766.60 box; grapefruit, $4 i4.60; pineapples, Hawaiian, $33.60 dbs.; cantaloupes. $2.763; . apricots, 76c$l; blackberries, $1.60; peaches, 86c fell: pearaa $1.50f2; grapes, $1.60; raspberries, $1.00 1.10; loganberries, 90c(g$1.00; cherries, Royal Ann, 4c; Lamberts and Blngs. fancy, $2 box; watermelons, 11j D. , currants, $1.60 f-rate. VEGETABLES Turnips, new Oregon, 10c; beets, 20c; carrots. $1 60 sack; parsnlt s. 6c9$l; rabbrtge. $2.25; tomn toeg, 75c 'q 11.00 box; leans, 7c; caull- nower, California crate, l 7632 00; peas, Oregon, S H fn ; horseradlah! 6&10c; artichokes. ( ) doz; green onions, 16c pir dos; peppers. tell. 8c; CMle, ( i; head leTie. 2B30c doi; cuoumhers 1'iral. 20c fJt ! doz ; radishes gooseber rl'-s, 5c. t-ggpiant. 68c, grver) corn, 20 'j ?. Cot. Qrooerlea, STnts. ric OL oak- ( t,;i:(.rnla .t Hawaiian Re- Potatoes, finer) .ube. $6 6.. powdeiea $6 4t t . i . ... . . berry. $6.25 dry gra nutated. 6 25; XXX ! - rt r' vr -wnhltPS- fa"7 granulated. U I t. ronf A.. I 'JL eitra 6c $ 1 ; poor, 6 5 Ti . Or ; early rose, 76 K.. $60. go. den .. 16 30: I. vellnw i " PO''-es. i 4C $5 66, beet gran:;ijred. $6 06. barrels! 16c; nair narr; ac. boxes. 65o ad Vance on it. k iuii (Above prlcra are 20 days net cash : ' , quotations.; , , Ivr r tt 1 akaire bran BAL.T losric -Ha! Secretarj' Muller of the Portland board of trade has this to say with regard to the progress of affairs at the local wheat pit. some adverse comment hav nr been made bv a local Daoer: T,The Interest In the calls of tae grain department of the board of trade Is steadily Increasing. The attendance on the floor Is larpe and the number of grain sample tables had to be increased to 14 to give room for several new firms. It is expected that In about another week or two the free movement of grain will be reflected by the mem bers of the board of trade bringing their samples with them on the floor. Even at tnls stage considerable business Is being done every day among members. Orie of the most gratifying facts Is the harmonious effort of all the grain in terests to build up a big exchange, so badly needed here, in place or tne past haphazard attempts to do something, not snowing how to ao it. SHEEP DROP 10 CENTS Oil EASTERN MARKETS New Tork. Aug . Dow, Jones (Special Dispatch to Th. J.,nr.i Co. this morning has the following bul- New Tork, Aug. 6. The market wears letln on the financial situation: a somewhat tired and uncertain n American stocks In London are heavy pearance. Improving conditions have from 14 to H below parity, l ne uouia already been ao fully discounted and combination has ordered $10,000,000 prices have shown anch striking r worm ( 1 new aievi cara miu imi biumi ..v- tKn . , ... - are feeling an upward tendency as a re- verT. that discriminating buyers stand suit. TJie, report that .Attorney-General off and wait for further developments. Bonaparte will resign In November to It seems difficult to realise that the give way to Wade hilts who wrote the m,r1.,. nit i, , Chicago platform Is not especially rel- marKpt no 20 26 points above the lshed by Wall street. low prices succeeding the panic, but The railroad stocks outlook la not I such la the case; and many stocks are at ployes which went Into effect yesterday. h'h , nlher than a year a' wnn Bad crop reports sent wheat prices up 3 our railroads and Industrials were do- rnnts. Southern planters attempt to lng a profitable business and steadily corner the cotton market and are unit- ln(.reacin. thlr ii.i. .v.- I IK nn X 1. 5 V.... t. , r. 9 I ... ... "."1 same concerns are complaining bitterly the crop with a view to forcing the of a Iack of employment 3 a con- Frlce. Pig Iron production for July was wemnlatlmr a riMinn Xt amaLZaI I 227.000 as agaVnst L092.000 for W "hTflSiCf no already U,iSw?Jl Ten railroads show an average gross Plainly present prices of securities do decrease of 14.29 per cent for the fourth not represent current conditions They week In July and 12 Industrials show represent hopefulness nr exnectatlnna of an advance or .67 per cent. Twenty ac- f .21 per live railroads show a decrease o per cent. DESCRIPTION. Amal. Co Am. Car t do pfd. Am. Cot. Oil. c. .' 34 94 Am. Loco., c . . . . ! 66 Am. Sugar. C...133U Am. Smelt., c. . . ! 93 74 do rfd 109ii Anaconda M. Co.i 4SaJ Am. woolen, o. . 264 Atchison, c i S" ao pra Bait. & Ohio, o.l 91 ao pra Brook. Rabid T. Can. Pac. c Cent. Leather, c. do pfd C. & Q. W , c M. A St. P. . Chi. & NW., c. . . Ones. & Ohio... Col. F. & I., c. . . Col. Southern, c. . Col. South., 2d p. Col. South. 1st p torn froaucts, c. Corn Products, p. Del. & Hudson . . Den. & R. Q., o . . Den. & R. G.. p. . Erie c Erie, 2d p (Special Dispatch to The Journal.) University of Oregon, Eugene, Aug. According to reports received here, the state salmon hatchery up the Mo Kenzie river will not be abandoned, but xtended. and arrangements will be made this fall so that trout as well aa almon can be hatched. The citizens of Eugene will provide the money for the mportatlon or trout eggs rrom tne east. It was rumored some time ago that the hatchery would be abandoned, but It Is evident from a letter of the state fish commissioner that great Improve ments wilt he made In the establlsh- ent. SAX FRANCISCO MARKETS. Ban Francisco. Aug. t. Wheat No. 1 California club, per cental, $1.63 4 1.6714; northern bluestem, $L67h 172H; northern club. $1.60 1.62 14 ; in ferlor grades of wheat, $1.401.55. Barley. Feed barley, $13601.40; common to fair, $1.3013)1.36; brewing at San Fran cisco, nominal at n.iiti.ts. cnevailer, $1.65 1.85, according to quality. Eggs. Per dozen, California fresh, Including cases, extras. He, firsts, zc; seconds 24c; thirds, 22c; eastern selected, 25c eastern firsts, 22c; eastern seconds. 20c. Batter. Per pound, California fresh, extras, 25 He; firsts. 24c; seconds. 21 He; thirds. zoo; pacKing. rso. l, isc; pacKing, iso. 2, 18 (sc. New Cheese. Per pnun.1, California flats. fanev, 11 V. firsts. 10 V: seconds. 10c; Cali fornia Vo'ir.g America, fancy, 13c; Href-- 12'v; eastern Oregon, fancv. 13c tern Oregon Young America, fancy ! i TV- irk. re1 Onions. oniors. 60 ti 65c; k"s Per box, Valenclas. yellow, $2.50 ns. $14 50. I grour.d. inoe, : 0 . tftble. rirv i 10. $i 00. hl- it (. imnonea iiverpo ... 6i;s. 12" no lf.Os ! Ill 00. 4s. Ill DO, eJtra fine barrels Is. 6e and 10s. $4 6Oji50. Llerpooj lump rock. ;' Su ifr tor, R1CF- In-pertal J.psn No 1. 6- No , J. 64 4?(Vc. NVw t'T leans, head. Tie AJmt. ( 1: rrv. ir ' BEAN" Sn:r white t4"5 larra white. $4 75 r:nk. $36: havo-i. tS SB- Ill. 00 per tor.. 60c, li 50, tble, riairy vs. lie b'.'. ''i'l'lnir Vfi' h V e 1 ; ;i (i 1'. ' '. a:u-t- Xorthwosf Itaiik Statemfnt. T iKTI.AND t.lav ..lav .eir.r.gs 1 k n Umss IS5. Vr-r rec ( Meats. rih aad FroT-uioaa. - DRKSSl.i MKATS-- hen street Ilega, fancy. : H u ec :b. ordinary , large. c, veal, extra, c per t eroinar?, iij s.c rr lb. heavy pr Mage- U; mutt or., fa mo. Tfc 7 Vc per lb spritg j -.ban f fir.ATTI.E. T ACi iMA. $ TP3.142.49 . 1.035 MR. S3 4 0 5 4 3 65 129,55.39 .$ 1,373,373 00 ;:e,ooo.co $ f "2,4 9 f.o 26.797 00 t,re, 1st p. . . Great North., p. . 111. Cen L. & N Manhattan Ry. . . Mex. Cen. Ry . . . . M., K. A T.. c. . . M.. K. A T.. p. . . Distillers Ore Lands ...... , Mo. Pacitic National Lead . . . N. Y. Central... N. Y. O. AW N. A W. c do pfd N. American . . . N. Pacific, c. . . . Pao. M. 8. Co. . . Pa. Railway P. G. L. A C. Co. Pr. Steel Car c. . do pfd Reading, c. . . do 2d pfd. . . do 1st pfd. . . Rep. I. A S. 0. do pfd Rock Island, a do pfd St L. A S. F. 2p. St. L. & 8. W. e do pfd. So. Pac, o. do bfd. So. R'w, c do pfd Tex. A Pac. . . . T., St L. A W..C. do pfd Tnion Pac, c.fl l . o. miuuer, c. do pfd U. 8. Steel Co., o do pfd Wabash, c. do pfd W. U. Tel... . Wise. Cent., o. do pfd Wheeling-Lake Westlnghouse 62 171 30 169 27 '23 30 92 91 14. 161 32 63 H 62 170 27 24 30 137U 138' 1S94 140 110 1105 31 64 87 67 5 82 107 42H 73 142 25 125 95 34 122 85 79 18 36 28 18 32 64 Hit 69 84 108 42 74 142 26 128 95 86 i26 " 86 169 27 ii SO i37" 137 109 81 64 37 67 66 82 107 42 73 142 25 ie 95 84 122 86 76 18 85 28 18 55167fl66 77 77 Total sales, 846.90 shares. Ex. dividend, 1 per cent. MILLERS MANEUVER Ifl mil for mi mm Portland. Aug. 6. Portland millers continue to raise the price for wheat as tne Dull movement in Chicago pro gresses but they meet with but lndir ferent success in procuring any wheat. No considerable purchases have been made as yet. Bluestem is quoted as high as $93c today but It Is understood that 94c would be paid for choice lots and no farmer seems at all anxious to let go at that. Eastern Copper Market. (Furnished by Overbeck A Cooke Co.) Boston, Aug. e. uiroux T4. Huperlor A Pitts 106. Yukon Gold 6, Zinc 2S. Royal 23, Adventure 8, Bing ham 60. Calumet A Hecla 690. Calumet A Arz. 128. Centennial 30. Copper Range n. Nevada cons. 144. Wuincy 97. Tamarack 76. Wyandotte 2, Black Mtn. 3, Cumberland Ely 9. Globe 4V Dominion etp. t. rwpissing 7, lake 12"' Boston Cons. 14. Al o 38. Atlanta 15, Butte Coal 29. Daly west JO. Greene (Jan. lJVk. Mohawk !SH. North Butte Mtt. Oseola 115 Shannon 1. Trinity 18, United Min ing 49. Wolverine 141. I. S. Gorrrnnipnt Bonds. New Tork, Aug. f. U. S. Bond quota- Ions conditions that mav or mav not ha real lzed. If they are realized. It is a ques tion whether or not the good times com ing have not been fully discounted. Artificial Market. Since the market hen hecnmA an in r,. I 1 y artificial. It la of Imnort.mCA tn closely watch Its technical position. The 791 80 18 sovance, while largely based uf i 40 40 ti I Improving tendencies, was mainly tne .cu.i ui wuwenui manipulation, as is usual In all Important speculative move ments. The big operators who bought stocks to check the panic had a double purpose in advancing the market; first, to lighten their own burdens, and sec ond, to aid the financing of railroads In need of funds by creating a stroncer siock marKet. m the last named Te spect they hatfe been Dartlv successful. Several Important new Issues have been rioatea and the Immediate wants of roads unable to meet their obligations have been at least temporarily provided for. The extraordinary losses In gross and net earnings brought many of the weaker systems near a crisis as re gards their maturing obligations, which was only averted by confidence In busi ness revival In banking circles. One great advantage of the rise is that It raciniatea liquidation or important con cerns Injured by the Danlc and thus averted further disaster. As for the stocks bought to stem the pania, inese nave only partly been dis posed of. At times there have been very positive evidences of Inside sell ing, and this Is. the weakest element In the market, at present. If the big In siders are quietly unloading, as seems to be the case, there Is little Induce ment for buying stocks; although It Is quite possible that prloes may be tem porarily carried to a higher lever, es pecially In stocks hitherto neglected. But with such a large amount of long stock awaiting distribution. It Is evident that prices cannot be carried much higher; and that the market is exposed to a setback In event of Important un favorable news. The situation would be bettered were there a short Interest Of some consequence; but the bear side of the market is never a popular one, and operations on short account have been extra hazardous ever since the panic Outlook Improving". Outside of the look Is certainly Improving. Of course Business Is still restricted In volume, and there are numerous Instances of depression. Many mills are restarting. intuiy aiso are sun loue. The Iron trade, in accordance with tradition, dropped from prince to pauper, but haaturned 9iL I ojiu a nuw on me upwara 7 path' though It has a long Journey be lt si . recnlI1s tne rormer stage- or ac iJ!i t,vltJr; In tfie dry goods trade some Si?? surpr,SB wa" shown at the announee- "7i raeni oi two Dig auctions of cottons and 18 I woolens. as-Krearatlne- nhont 13 nnn nno That so large an accumulation was dis closed has given expectation that others may be forthcoming. However, these saies ana tne competition they will pro- 7" ' BApeorea to impart more ac tlvity to the. dry goods trade. tne political situation Is becoming a iacior in the stock mar- aei. wnue Mr. Taffs letter of ac oeptance was not entirely relished in Wall Street OWlna to Its Hunnnr nf th J K ' I T ..-1. n.i .... . ' o 71 l nvunovcu ouucies. aim tne eTrtectn flnn "! ' me letter would De enforced In a less aisturoing manner served to coun teract an otherwise senae nf dlsannoint- ment. In this connection th nnHnii.4 agnation regaraing an advance In rail road rates should not be lost sight of, as the advance If enforced might easily be made a very unpleasant political Issue and will certainly stimulate the agitation for more government Inter ference. Between loss of revenue on the one hand and Inability to further reduce expenses on the other the rail roads are undoubtedly In a most awk ward dilemma. The only true course for them appears to be to wait as oth are are doing, for business revival, keep ing down expenses as much as possible during the iriterval and cutting divi dends temporarily If necessary When business recovers the railroads will be certain of securing their share, and n any event they will shortly find bet fir employment in moving our large crops which in turn will stimulate other llns of traffic. It Is questionable if ad vancing rates, which are already con siderably higher than a few years ago, would be wise oollcv: and It In .lnifl. cant that the Canadian roads are carry ing large amounts of grain for export via Montreal which mlrht via I American roads, only the latter Insist upon a 6 -cent rate per bushel whfle the Canadian roads are mrrxin thi bushels to our one on a 8 -cent rate. Here la another Dractlcal lesson fni- Chlcago. Auk. 6. With another sub stantlal gain over yesterday's nloalna-1 . ... ... .... 1 ... flure In the hl nil t ,. ,4. " " - mywvMt ri UI Il.pv lor ins ers are this morning predicting that round trip from Portland to Seattle for lng made by those who have mining the great cereal will go to $1.10 before I those dealrinv tn mttmnA ....l I elalma In what la known h nM urlnl, , . m nOn of th American Bar associa- Creek mining district along the San pect with each succeeding day's re-1 "on from August 25 to 18. Inolualve. I tiamlver In the southern part of Mar Morts. As threshing progresses the cretary of the Seattle Bar asso- I ion county, to prevail upon the count and continued dry weather In the mid- be sent as to the number of Portland c to pen "p road ,nto tne die west, northwest and southwest do I lawyers who mav be einnctml in order trlct so that the mines may be devel not tend to lower prices. A slight rain I that proper hotel reservations may be oped. Interest In the development of ... .du.i.. iviiiiwi miii b inw i oui uiu iam roruina contingent given I nai mines has trnn racenrlv b ,..,,.. heavy rains In limited areas of Ne- attention on Its arrival. m,ne" na" rown recently because braska and Iowa have not served to All Portland lawyers desiring to at-1 outld capitalists have signified an restore confidence to the bear .element I tmnA th inn. k. ...i.ti. ... I Intention to put in a smelter. Wall street Is saying nothing now I requested to notify either John K Kol-I Representatives of the smelter Inter- since tne publicity with which It ef- lock In the Corbett building or Thomas Bt wefa 1? aiem yesterday and pre forts to suppress croD reDorts. of dam-1 n c...... n.i Tii.- .... aented to the county court what ther age has been given In the press of tho Chamber of Commerce building, not exir,?c,ed. 1?m hou,d . th county ba later than Mondav Auniat 10 Thr """" " uu.iu iu r ni tn arl'mimb" r.of i& imiSll ffi'" eoun'Sf 'Ibout MOO MlnT'ex arrangement of th Stat Bar th county of about $6,000. Mining ex- clatlon and are trvlna- to aeoar. P".'wn0 nv '.0"a. over tne deposit e'a?"a" .k & &hMlv&B country during the past fe cnicago, Aug. a. WHEAT. Open. High. Sept. ... 96 9$ Dec ... 97 98 May ... 101 102 w days. Low. 95 M Close. 96 B 97HA 101 Sept. Deo. May Sept Dec. May Sept. Oct. Jan. Sept Oct Jan. Sept Oct Sept , CORN. ... 74 76 74 75 ... 64 64 , 64 64 U ... 63 64 6S 64 OATS. ... 4T 48 46 47HB ... 47 48 47 47 ... 48 49 48 49 PORK. ...1677 1685 1567 16TI ...1686 1595 1680 1686 ...1640 1647 1637 1642B LARD. ... 960 960 (56 967 ... 966 970 962 966B ... 985 837 836 987B RIBS. ... 900 905 895 97B . .. 90S 913 905 906 . . . 837 842 832 836 B Liverpool Wheat Market. n"..l"S.ry;.uuT' .'V " JI ry -'I'ca and Urn deposit for uo- ln or&rUauim l mimr, - CC""5U m?ltlP: . It I hoped that upward I of 60 local "-V"' i" SS? In bringing back to Port and a ubstan- but th copper ledge are rioh and we 4 tiai aeiegation. o tnat notable men assayed to run from $20 to $30 a ton j w . " , 5 " . """ and even more. Judg Charles H. Hanford. David Starr roads must b built to enable the me I Jordan. Senator Chauncev M. . Denew. I ir rwimnanv tint nnlv tn haul In it. Simeon E. Baldwin, ex-Senator George j machinery but to haul In coal to oper I Turner and the president Jacob M. I at the smelter and to haul out the uicxmson. Among tne entertainment I produot concentrated metals. piannoa is an excursion around the I sound and to Vlotorla, B. C. Liverpool, Aug. 6. Wheat olosed ld higher. September wheat 7s 7d. De cember 78 6d. Paris Grain Market. Paris, Aug. 6. Wheat olosed 15 to 30 higher. Antwerp closed at higher. DYNAMITE K0UTE FOR REFORMER Anomymons Letter Say Building Belonging to 3. E. Htxnner Will Be Blown Into Creek. No Laborers Needed. La Grande. Aug. 6. Recorts con tinue to come in of average crops oi.d aided bv favorable climatic conditions and plenty of help, the farmer are raking in tne goiaen snecKies. Help has been less hard to procure this year than any time In years past. Scarcely a farmer put wnat nas an tne neip ne needs, but is paying good wages never-theless. BUMPER APPLE CROP III HOSIER f8Dalal Dtasetrh to 1a JeuuM Sllverton. Or.. Aug. 6. Because J. HI. Hosmer has been very prominent In en forcing the local option law In, this city his store building 1 threatened with destruction. Lew McKlnney. who ooouDles the Hosmer building, received an artony- lous letter this week advising him to vacate as the DrODertv is llkelv to be blown Into the creek. Thirty Thousand Boxes Will Be Shipped This Year Fine Quality. 40 118 20 60 26 Z3 j 04 1166 2s Registered. 1930. 2s Counon. 1930 3s Registered 190$. 3s Coupon. 1 90$ . . . . HAS! P. BACOX. ETTC Port la n.i r,.,k (loralt hams 16 to ti Its. 17c per lb breakfast ta.--.n lS(S?lr lh; ptertra lie tr lb; cottage ro'.l. ic lb: rerular bort rlesrw smoked. i:r ib twrkii mnkeWL 11' Ib: emakeO short clears. lle lh; clear bell I a, smoked. 1 3 c b shoulder, lte pr lb: pickled tongues! e ear a. LO'Ai. LARD Kettle leaf. . 14c r-er ): (a, 14 He pr b: 6-lh tlra. l$e jt Mm rtMleTd. la He io: . nut per 1. tomi'OgM, 16a e lb. ftock cod. II Ue lb: floiindera. r-r Ibr kl:bt. pr Ib: striped k. l fer id. eatnsh. lie pr lb: ami liuniwr Peach Crop. Auk. 6 Pe.irheo (;; r a rep in .tl.is fortlon this jesr r me iarf The tre.ar.. wei? ' The Importance t.f t.ear hea 3s Small 1908 . rn 1 i7.") more and more bv the 4s ReglMered. 1926.. fr-ii'r'' me' of the valley and they ; s Coupon. 1928 f-' .n a r'are of murh more proml- j Panama 2s registered rro than heretofore App!"s are also; r.eavy Tt,l ear . .198 Hi ,.103i ..100 . .100 i ..1001 ..1104 104 101 101H 121 1ZZ ...1011102H Ion. I? 50. per 100 Ib sack. 36 eo- Olym- r rhlnook. Ib: bloebaffca r t b tef44. tb: herrings 6c Ib; sole rT lb; irtfY i rr id: pmh. I pr tb: tomcod. II r B; lobsters, tie rr lt: frecoj ssarkereL s fwr lb; J pr 4kx: trga, 1 1 S f r r lb. V' - k hm. 7 C Mr lb: Un( ""it. e rr l. b'aek TH lb; It ft 9 1 S de. he4.1; r a . MI re, II H l - u ra, II H ib . . 1K: -' 0 lo's, 6, 1. ! c S I i . limistm fia. r fai-. VrXJELX NaiLVr-irat ria, per rxllon 12 4. per 100 lb saek. It0e4tfi F,ele canned. 0c ran. 17 (i aorn, eastern In shell. i 76 per 1 4-LAMP Hardshell. nrr tvoi lilt raror rlama. 32 60 ir box. 10 per do. Faiata, OoaO. OU. ih ROrE-Iur Manila, 11 c, standard. 11c sua,, c; j B LINeD OIL Raw, bbls . Mr cae 61m:, bnl1d. bbi. . 66c; cas. 61c tJ?;J? ,74 ,l4."0," le " , .liL'ZifT-eaaea. HHe per Vv. r". 1. rb a. (V per wL nniiA lli I V n n. v a w at L.V '', M II: lea lota Ui Ik. Chicago, the cotton January . March August Ptepember (ctober November Lecember Cofton Market. Aug 6 Tb following are Open. High. Ixw. Close. ..I29 944 H ill .914 944 933 936 .991 9t 966 994 9T2 961 911 .956 976 987 9(1 914 . .930 944 920 926 tSDerlsl nisnatrn to Tbe Journal ! Hood River. Or.. Aug. 6. Estimates nn tba Mnater unnlft cron nlace the shin- mopt from there this year at 80,000 boxes. This is three times as many an pies as have ever been shipped from Mosler before. The fruit Is also said to be In extra fine condition and grow ers are expecting to snip out tne best grade of apples ever grown In this rapidly developing fruit district. The Mosler Tuit urowers association shipped three cars of peach plums this week and Is now preparing to handle the prune orop, which is said to be an extra good one. Carry's Good Harvest. Gold Beach, Or., Aug. 6. The weather Is extremely dry here. There nas Deen only one rain slnoe the close of the rainy season and the fog and dews which usually keep things green are lacking this season. Strawberries are all gone except where irrigated. Cher ries are especially plentiful. The weather has been fine for hay and the harvest, both grass and grain, ha been good. FORMER PORTLAND PASTOR GOES EAST Albyn Esaon, la Charge of the Chris tian Church at Sllverton, Will Remove to Illinois. USED SCANTLING TOO FREELY ON YOUTHS P. H. Trlrw and Mrs. Jane Doe Mor ris were held to appear before the grand Jury under J500 bonds in the justice court today. They were charged with assault with a dangerous weapon, to wlt: a piece of two by four scantling. Olen Terry and Vernon Knight, two boys, made the complaint. They told Justice Bell they had gone to Trigg's house to collect money due them. Trigg ordered them away and young Knight showed a bump on the head which he said had been Inflicted by Trigg. The woman who was also in the house, made for Glen Terry and both boy were put to flight. APPEAL PORT OF PORTLAND LIBEL SUIT The case of the United States as-nlnst th Port of Portland, the outgrowth of an accident to the lighthouse tender Manianlta and which was decided In favor of the libelant In the United State district court, has been appealed to the United States circuit court of appeals of the Ninth circuit. Judgment for $12,670 was handed down bv the court against the respondent. The ao cldent to the Manzanlta occurred sev eral years ago. having been run into by the dredge Columbia and the tug John McCraken. I W pay you 4 per ont to Convincing A man's first feature of business is the amount of money he has saved. His most convincing argument is his bank account. The bank account can be easily " obtained by practicing economy. Use our Savings Department start with as little as a dollar and add to it at regular inter vals, thereby enhancing your prospect of success. Two per cent allowed on checking accounts. AMERICAN BANK & TRUST CO. OF PORTLAND po Seventh St., Elks Temple L. O. RALSTON Pres. O. L. MAC GIBBON. .Cashier. (Special Dispatch to Tb JeuraaD Sllrerton, Or., Aug. 6. Rev. Albyn Fsnn. for a lone time pastor of the Christian church in thl city and form erly pastor of a church In Portland, haa tendered his resignation and will move hi family to Paris, 111., where he ha accepted a call. Rev. F. E. Bllllngton of Albany will succeed him here and will arrive In Sllverton with hi family this week. HUSBAND IN LIST OF UNDESIRABLES lowing that of the steel corporation of how holding the nrlce kill hiiin Evidently we have gone too far In the effort to suppress competition The future of tha market la nnar. tain. Prices are hla-h ennurh havinv amply discounted all good feature. They mar be forced still higher, es pecially the low priced issues, owing to the power of the big leaders and fa vorable conditions in the money market: but we strongly advise caution In tha buying of stocks for th present at least Prices were unduly low during th panic and the return awina nt tha ptiwuium is iiaeiy io mag them unduly high before th normal balance Is reached. Farmer Holding On. Echo, Aug. 6. Grain Is now be ing brought into th warehouse by tht wagon load from the surrounding coun try, where harvest has been completed. few sales have been made at rood Price, ranging from 71 to 77 cents ue to this time. No extensive eaales hare yet been made, and tbe fanner are talking of holding on for awbll in most Instances. Less than five montft ha revealed n Mrs T.ucv Newcomb the fact that Carl B. Newcomb is an undesirable hus band, according to a compiaini moa id the circuit court. She alleges that only wo weeks after tney were marnea new comb began a course of systematic huii awearlnar at her. receiving let ters from other women, admiring other women while in her company on the street and making himself generally ob noxious. She says that one night when they went to a local theatre, he called her a fool and a liar In the presence of hundred of people because of soma trifling remark about the ticket. She Merchants Savings & Trust Company 247 WASHINGTON STREET Paid-Up Capital $150,000.00 Makes a special feature- of trust business. Holds titles pending sale or other disposition of prop erties. Cares for estates under will, or for executor, administrator or guardian. Trustee in bond issues, escrows, etc. Nearly four millions trusts now in charge. Consult us upon any phase of our service. in :re?csi DnoTi a Kin rorr.r ki W&ZZh I THREATEN VIOLENCE TO SLEUTHS ON GUARD 5orthwe4 Crop Weather. OregDn. Washington, and Idaho totilght and Friday; north to winds -Pair WMt Chicago Batter ad Ejtff. Chicago. Ant. JButter and erra smehangedL kecclpU: Batter- T.ivi. X.la.'C(s , Th constabulary I holding tb fort In th establishment of kiadam Beeba. f North Seventh, though th proprietor ha threatened to eject tb keeper a well th constables. Marx BlMk ttehd th house bcau of a ciala for 110 worth of dlamonda Tb bosk which I one ef th lam poata of th great white way of North Seventh street, haa Ve jn rharg of a keeper eleee- yeaterday afternoon and Madam B declare she will rarer pay th 'amond btiL Consiable Waa ler t4 Klrn "hav rwith bw threat ened wltli fwrsona! flolnv If ther ea ter th hooee anli hut t imei today ti aP aa aUJ la cLaig. Oeorg Teats. They were married Aberdeen. Scotland, in 1S8S. HAS HAND TO HAND FIGHT .WITH BURGLAR Twelv hour after an attempted burg lary occurred O. F. Fltsgerald reporter to the nolle late yeaterday that he had resisted th effort of a powerful burg lar who broke Into his horn at Flak tret nd Willi boulevard. University Park, early yesterday morning. Aroused by th nols th man mad In opening a window. Fltsgerald got up and at once encountered th burglar, A hand to band ftgbt ensued In whh-h th Intruder at last succeeded In flubbing the householder with a blackjack. Flta- Krald was knocked unconscious aad tb rgiar escaped without touching any- thlata- la tbe nous. footprint under th window show th burglar wore a No. shoe. Th report) waa mere ao lata tnat tn potf aar little chance of finding tb burglar. FIRE DEPARTMENT BUST DURING JULY Ott hand re nd 4ffcta alarftt rr reotla4 te fer tT. fir denart- men! wi Jsly Thl i ef the bigH-j e pmhr for anv mn santith ta tk' Mtrry of tb dr-rt meet. tN vera-! frtlrg aet per thaa tt alarm a day. ' Points to Be Considered In selecting a bank through which to transact your business, the following points should be considered; financial strength, the policy o? management, the courtesy and attention extended to patrons. This bank has ample capital, surplus and undivided profits for the protection of its depositors. Its management is conservative and every courtesy and consideration are ex tended to its depositors without regard to the size of tfieir accounts. Overbeck & Cooke Co. Cemmbslti tlerdiiBts, Stocks. Bonds, CoKon, Cntn, Elc 216-317 BOARD OF TRADE BUILDXNO Metnbar Cticago Board of Trade, Correspondents of Logan & Bryaa, Chicago, New York, Boston, . W bar thr only private wire connecting Portland wit a th eastera exchange. " , VJEMBCSf PORTLAND BOARD OF TRADE.