The Oregon daily journal. (Portland, Or.) 1902-1972, August 10, 1908, Image 11

The Oregon daily journal., August 10, 1908, Page 11, Image 11

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Newspaper Page Text1908. 11 AS YOU READ THE FOLLOWING, REMEMBER ALL ENORMOUS AMERICAN FORTUNES HAVE BEEN MADE THROUGH THE RISE AND FALL OF THE STOCK MARKET. AFTER EACH FALL OF BILLIONS THE MARKET GOES UP BILLIONS TO MAKE MILLIONS IN EVERY RISE AND EVERY FALL, ALL THAT IS NECESSARY IS THE TRAIN ING TO KNOW WHEN TO BUY AND WHEN TO SELL, AND POSSES SION OF THE MACHINERY TO BUY AND SELL. REMEMBER THIS AS YOU READ, AND THAT SOME OF US HAVE THE TRAINING. LESS BUTTER BEARS TAKE A IP AT BAT Wheat Market Drops Off 7-8 of a Cent as Result of Favorable Reports. Bf MARKET Dow, Jones fc Co. Review Conditions Having Bear ing on the Price List. HIGHER PRICE That's What the Farmers Say but Creameries Kefuse to Tay Any More. AT THE OREGON -DAILY JOURNAX. PORTLAND, MONDAY EVENING, AUGUST 10, 1 LATEST MARKET NEWS 1 1 LAST To raise the price of butter or not to raise It. that la the question. Whether It la htter to Buffer the etlnge and ar- rowa of outraged farmers or thoae of the groaning; conaumer are the aJter natlvea the local creamerlee are con sidering; todny. The price Of butter, wholesale, la now 27 hi centa a, ound. The cream producer are alwaye paid a cent and a half undrr the wholesale quotation and therefore are now Bat ting 2V4 centa. The reason why butter should he ad vanced ft a a;iven by the farmera la that the cream output thla aummer la ahort owlni to the contlnusif hot weather whli-h thfv uv linn dried no pastures and cows, claiming mat me ouurr mi aupply In thue reduced at least JO per cent and some contend that 2B per cent Is not too much at which .o put the shortage. The rrcumirles on the other hand declare that there la no shortage and that while th-re la a strong demand for the product that the surplus left over from Inst spring has not yet been sold and that there Is enough on hand to fill orders. Some or the creamery men admit that there Is a slight shortage but they say that the surplus on hand offsets thin and refuse to raise on the present price for that reason. Thfr was soma talk Saturday of put ting the price up but this was agitated by a Corvallls man, say local cream ery mRiiagers, and the raise by the Corvallls concern only brings It up to the Portland prices at that, as the in land oomcanv hasn't been paying as much heretofore. Whether the farmer Is right or the creamery men are rlRht. is a question which Is lust now hard to determine, hut It looks like the c.ublic. which is generally the goat. Is In line again for th henrtuslan honors. Whenever ine manufacturer and the producer clash ami either one wins out there Is al ways room for missionary work of the Citizen Klxlt order, but unfortunately there are not enough Klxlts. Prepare for a raise. As usual. Monday morning Front street orlces are considerably unsettled. Ittle produce is nrougnt in locanv ecausv the gardeners rest on Sunday. Watermelons Firm. The watermelon supply Is still short and prices aro firm, cantaloupes rrom California are jilentlrul and some are comintr In from Oregon farms so the price will prohnhly remain stationary rur the week on me nreaKiast appe tlzer. Other Fruits Unchanged. "PenrM. ffraoes. arples. plums, peach ps. blackberries and other fruits, are In good demand vet and the supply seems to be plentiful. Prices are un changed. I Front street quotations follow: Groin. Floor and Hay. WHfcAT Buying price, new Track. Portland -Club, 90c; bluestem, 94c; red, 94c; Willamette valley, old. 90c busheL FLOUR Selling price Eastern Ore gon patents. 14. 85: straights, $4.05GJ 4.55; exports, $3.40 (f 3.60; valley. 14.45; graham. He, 14-40; whole wheat, $4 6; rye, S,i, J5.S.0; bales. 3. MIL.I.8TUFFS Selling price Bran, 26 middlings, J30.60; shorts, S280 $8.50; chop. $210 29 per ton. BARLEY Feed, $26.50; rolled, I27.C0 028.50: brewing, $27. OATS No. 1 white. $27.60; gray. $27 per ton. Total Tlstble apply. Chicago. Aug. 10. Wheat, 19,098.000 against 48.486.090 a year ago. Corn, 1,84. 000 agatntt 6,638,000. Oatsl, 774,000 against 1.801,000. Increase In wheat over last week, 824,000 bushels. HAY Producers' price Old timothy. Willamette valley fancy, $13 18.60; ordinary, $13.50013; eastern Oregon. $117; mixed. $10jJ10.60; clover. $8 9; grain. $113)12; cheat. $11; alfalfa, $9 iff 10. Batter, Egg and Foul try. RUTTER FAT Delivery f. o. b- Port and Sweet cream, 26c; our, 24o per lb. BUTTER Extra creamery, ZYtyc; fancy, 26c; ordinary, Zbc; store, lbtjf 17c. EGGS Extra, 26c; eastern, 20 21c; firsts, 23(?-'5c; seconds, 20g23c. CHEESE Full cream, flats, triplets and daisies. 14 c; Young Americas, 16pOTLTRY Mixed chickens. 12 40 ih; fancy hens. 12Hc; roosters, old, 9c; fryers, 14c; broilers. 16o lb; feeae. spring. 14c; turkeys, alive, 7c- spring ducks. lS'SMRe lb; pigeons. $1 25 doz; dressed poultry, IQIHo lb higher. Bops, Wool and Hides. HOPS 1907 crop, first prime, 6c; prime, 4Hc; medium to prime, 84o; medium. 2Vfec lb; 1906 crop, 2Sftc lb; contracts, 9c. WOOL 1908 Willamette valley, 11 e Chicago, -Aug. 10. Reports Of rains In the middle west, the Increase of near ly a million bushels over last week In the visible supply and marked slumps on the leading foreign markets had a somewhat depressing influence on the wheat pit today, and as a result the, exoected recuperation did not take place On the contrary, September fell off nearly a cent from the opening and De cember tumbled even worse. The report of crop experts who made a 250-mile auto tourney around the Mln nesota wheat belt that there was no startling conditions, and the recovery of the traders from the black mat scare. of last week also had a slackening ten dency, but bull Interests are not dis couraged at these setbacks, and are al ready massing for a determined on slaught by which they expect to push the market back up to the high point of last week and even farther. WHEAT. Open. High Sept 94 94H Dec 96 Va. 96 New Tork. Aug. 10. Dow. Jones 4 Co. send out the following bulletin to day: Americans In Ixndon strong:. Brazil's coffee valorization plan which na Dcen tried less than a year seems to be a Huccess. The government Is now holding 8,000.000 bags of coffee, having arranged that the supply shall not fall below the demand. Eugene V Debs, Socialist leader, says labor la forced Into politics because the Inter ests of labor and capital are not Iden tical. Victories by radical Republicans In Kansas, South Dakota and Illinois alarm Republican leaders. Plllsbury crash due to SDoeulation. Cona-ressmsn WThamp Clark predicts a Democratic uunjjrws next session. Roosevelt acedes to request of Texas In regard to freight rates and turns over matter to the attorney-general. Keven banks report less than 25 per cent reserve in Saturday's state ment. Twelve Industrials advance 4 per cent. Twenty active railways advance .43 per cent. May Sept. Dec. May Sept. Dec. May Sept Oct. Jan. Sept. Oct. Jan. Sept. Oct. Jan. .100V 100Ti CORN. . 7 48 . 64 64 , 64 65 OATS. . 48 48 Vi . 48 4 H , 60 f.0 TORK. , 1552 1565 , 1 566 1 577 1646 1645 LARD. 945 945 960 967 932 937 RIBS. 892 897 905 907 8io S35 Low. 93 95 Vi 100 Close. 3A 95 76 65t4 64 S 48 4' Vi 60, 1535 1517 1627 955 910 882 892 825 iooi 77A 66.B 64H 454HA 4S 60A 1537 1S60B 1627N 945A 952B 930A ?85 S92A 885A Stock quotations by Overbeck & Cooke company: DESCRIPTION. O a 9 r o n o Amal. Cop. Co. Am. C. & F., 0 . ao pro 83 417, 42 82 41"4 82 74 41 4 102 35S, 58 Am. Cot. Oil, c. 35V&I 34i 3D Am. Loco., c... 58 1 58 I 57i, Am Hit trar 11J 1 .1117 13-, i. 'lid ...... ... n , . . . , . o t (4 a o J .1 i Am. SinMt. c...'102 :102 99.mi4Z do pfd illll lilt) 109 1110!) nnnconoa M. CO. !)U to Am, Woolen, c. I 9 H 89 H 93'! 5 H 9 4 I 95 67'; i 67 U Atemson, c. . . do pfd B. t) . c. . . li. R. T I an. I 'ac, c . . Cen. Jeather, do Dfd C. & O. W.. c C. M. & St. P. C. & N'., c. Ones. t Ohio C. F. & I., c. . . Col. Southern 49 4i 26 88-l 89 93 1-4: 93 Vi 93 U! 95 51 I 564 173-4 IT.'!'-, 172S 173'i 30 I 291 29 i 9S 9S 61 6 1 44 74:1 47 1 44 1 1 46 4 163 163U162,5i!l63 j 4 .! 43 44 . 34H! 35H . j 33 HI 34 63 Vi 62 K CATTLE 10 CENTS UP UN CHICAGO MARKET Chicago. Aug. celpts today. Chicago Kansas City. Omaha 10. Stockyards re- 6 4 63 20 C. Southern 2dv). C. Southern, lst.nl 62 i Corn Products, ci 19 7i Del. - Hudson. .'17SHUT4 1173 1173 i 1 I..M X II t OtaZ! o-tsz o-nf Hen. & li. (T.. p. .1 I 68 Erie, c 24 24V 244 1 24'4 Erie. 2d p.'. 30 30 I 29V 297 Erie, let p i 4ft I 40U.i 3 9 7i I 403.. O. Northern, p.. 1 3 S : 1 3 9 1 1 3 S ' 1 3 S - 42H! 43' 33 53 4 62 i 19 35-H 33 Vi 63 H 63 0 Illinois Cen. 139V41S9 111 Jill aiH 32 I 64 Hofrs. .51.000 . 7.000 2.600 Cattle. 19 000 18.000 3,500 Sheep. 25,000 6,000 J1.U00 Hoes opened strong today at 10 cents nigner than Saturday, lert over 5.000 Kecipts one year ago. 3 4.000. Mixed are $8.15i?6.80: heavv come at J6.60!(i 6.80; rouirh. J6.15S6.60: light, $6,100! 6.70. Cattle Strong-. 10 tents hljher. Sheep 10 cents lower. S 15c MOHAIR 1907 Nominal. 18Haic, curt-DUVTVQ BK.arlnv in Vt II. each; short wool. 25(840c; medium Coal 28. Mohawk 69, North Butte S4Vn Portland Iivestock Receipts. Portland. A,lig. 10. Receipte today: Cattle 60; hogs, none; sheep, none. Prices remain unchanged, but cattle are stiffening: slowly. Official stockvard nrices todav Hogs Pest stuff, t6.76; blockers and China fats, $6.00ff 6.60; stockers Snd feeders. JS.005-50. Cattle Select eastern Orearon steers J4 0.0; medium, $3.00(33.75; stockers and leeaers, 3.oojS.26; medium steers, $3 603.75; best cows and heifers. 13 00; medium cows, $2 50J?2.75; stags. $2.60; bulls, $2.00(2.60. Sheep Best wethers. $3.25; spring lambs. $4.26; straight ewes, $2.252.76; mixed lots. $3.00. Veal Choice young cslves, $5.00; heavier and roufrh. $8.60 4.00. 68V 67V4' 67 69 90 110 43V4 74 64t 128H 87 7 25 82V4 19 3774 29V4 Boston Copper Closings. Boston Maas., Aug. 10. -Copper quo tations, furnished by Overbeck & Cook wool,' 60o$l each; Ion wool. 76c $1.25 eacn. HIDES Dry hides,. 13g14c lb; green. 606V4c: calvee. green, 810c: klpe, t7c lb; bulls, green salt. 4c lb. TALLOW Prime, per lb. J04o; No. i and grease. $2740. CHITTIM BARK 8 0 4e. Trulta and Terets'Dlea. ONIONS California. $1.26; WalU Walla, $1.26 per sack; garlic, 15c lb. POTATOES New. selling. 11.1001-25; buying, R5tfji90e per cwL APPLES New, $1.00. FRESH FRL'ITb Oranges. 14. COO 4 60; bananas, 67c per lb., crated. 6c; lemons, $o.265.75 box; grapefruit, $4 0 4 60, pineapples, Hawaiian, $3 3.60 doi.: cantaloupes, ii'iZ: apricots, 76c $1; blackberries, $1.60; peaches, 85c ?$1: pears, $1.502; grapes, $1.60; mrerrif, $1.00(01.10; loganberries, 90ff$100, cherries. Royal Ann, 3c; Ijmibeits and Blngs. fancy. $2 box; watermelons, $1.50 1.75 cwt. ; currants, $1 60 crate. VEGETABLES Turnips, new Oregon, 20c; beets. 20c; carrots, $1 60 sack; parsnips. 1 5c (S $ 1 : cabbage, $2.26; toma. toes. 75c(Jf$100 box; beans, 7c: cauli flower. California crate. $1750100; peas, Oregon, 3 74 0 6c; horseradish. leiOc; artichokes. ( ) dos; green onions, 16o per doi; peppers, bell, 8c; PM1 I: head lettuce. 263300 dos: cucumbers, local. 20clT60o doi. : radishes He fin. Puncnes. cMry, fOC4Jl.za; gooseberries 6c, eggplant. $8o; green corn, lucpsuc not Orooezlea, Vnta. n. SUGAR California Hawaiian Re finerytube, $60; powderea $1.46; berry. $6.26; dry granulated. $(.$; XXX granulated. $C.li: conf. A.. $.$; extra B.. 85.80: golden u.. so L) yellow. $6 66; beet granulated, $4.05; barrels. He; half harreis. iuc; Doxee. c ad vance on sack basts. (Above prices are 10 dara net caaa Quotations ) HONEY New 16c per lb. COFFEE Package brands. Ill 10 SALT Course Half ground. 100a $1100 per ton; 60c, 111.60; table, dairy, 60s, $1160: 10s. 11(00; hal-s. (lit; company: Olroux 4, Superior and Pittsburg 14 V Allouea 80, Atlanta 14 H. But'e Old Dominion 41V Parrott 28 V Qulncy 96, Shannon 16, Trlnitv 24. Victoria 6, Wolverine 143, Vtah 46. Royal 22V United Copper 1SV Black Mountain 3 74. Cumberland Ely 9, Dominion Cop per 274, Nipplsslng 1, Lake 13. Ad venture 974, Arcadian 4, Bingham 60, Calumet & Arizona 127, Central 81, Cop per Range 80 -Greene 12 7k. Michigan 13 7. Nevada Consolidated lf, Osceola 116, Tamarack 75, Boston Consolidated 14. Xmt York Cotton. New Tork, Aug. 10. Closing cotton prices: Open High. Low. Close. Jan 924 929 908 909 Feb 911 Mar 928 928 91S 915 Aug 101 6 1016 994 995 Sept, 959 960 954 94S Oct 951 965 933 933 Nov 926 927 920 91 7 Dec 929 929 913 914 25 23 Ti 5674 166 7, 82 74 S64 do pfd !101V102V11 129 74 8874 26. 827? 19 68 I 5874 87 I SS?I 1 0 K V 1 1 0 4 2 64 14274 26 126 96 74 36 L. & N 11117 11174 M.. K. & T , c. .1 32 ! 32 W M K. & T. p. . .! 1 Distillers ! 3 S 74 ! 38V 38 38U --.. t .i . . I uti.r ?oi 1 wic i,aiiiia 1 ni Missouri Pac. . . . 68 National Lead . . 90 N. T. Central. . . 108 '4 N. Y., Ont. & W. 43 Vi Norf. K- West. c. 74 74 ao irii North American. 64 7i Northern Pac. c. 143 H 1144 Pac. Mall SS. Co. 26 I 26 74 Pennsylvania Ry. 1 25 ll 26 l-'CO. ., I.. & .. 9Hi yn Pr. Steel Car c. . 8 6 74 1 3 6 74 00 pra r Readln- c do 2d pfd . . . do 1st pfd . . Rep. I. & S. c. . do pld Rock Island c . . do pfd ...... St. L. & S. F. 2d p do 1 st pfd . . So. Pau., c I 9 6 74 9 7 do pfd 111814)119 So. Ry.. c 20 V 20 no pta tu Texas ' 'Pnc I 25 T., St. L. & W., c 24 do pfrt 56 V 68 Union Pac, c . . . !l 57 Vl 59 7 do pfd I 83 83 U. S. Rubber. .. .1 36 I 37 127 86 24 81 H IS -4 3 7 74 ' 36 30 2974 95 "4 118V4 20 51 V4I 51 25 25 74 1 74 7? 80 64 144 Vi 25 74 126 964 36 96 128 8774 85 25 S2 18 74 37 W 29 50 96 74 118 20 6174 25 24 5774 159 8ZH 36 IT. S Steel Co.. ci 47; I 48 do pf1 11 1074'llOTi Wabash, c I 14 I 14 do pfd I 28 I 28 14 W. U. Tel I 57 I 57 Wis. Cn., c .... 21 I Z2 an pril Wheeliner. L. K WeistlnghouFe 1101 47 47 109 110 27 67 !1 57 22 42 44l 42; 44 To the American People : If ever In the pastT have earned consideration for truth toll and wArnlngs flown r now demand for the statements that fol iw your best thought and closest heed. This Is the first of thr,. nil vertlsements displayed today In like space lr. the great newspapers of the world, and to be repeated tomorrow and the day after in like space In the same publications. I have never written, shall t,eor write, anything: of graver Import to you and to myself. I purposo to set down your actual financial condition, the un derlying; moves by which you have been cornered, what ymir t. tlon means to you, and the Inevitable, consequences alien. I. My fa tn are too stern for breakfast-food smoothness. You must take straight, strong man-faBhion talk If you would get good from what I v.. g.,t to offer. These three advertisements are preliminary to a fourth, In which f shall put before you a proposition, the most startling ever man., by a responsible financier. A proposition radical a.s an airship, though sound as a diver s bell. But to grip Its tremendous poten. j you must follow and digest the A. B. C. s of my argument. The situation: . .,, ,, FIRST The reign of Roosevelt Is over. His eat-em-allve te"h have been drawn by the system's expert painless dentistry. Ills pa pier mache battering ram, which made echo for his war whoops, has crumpled up against the hard, yellow metal bulwarks of the dollar hordes. The muokrakers. having laid down their tools. ar busy enameling the srlossy surfaces which they scratched, the dally papers bulge with accounts of the charities dispense! by Morgan and Rockefeller, with the peoples money; the weekltesHrlnt the photo graphs of these financial guardian angels, and throughout the land resounds the trusts' new slogan, "Let us alone.' True certain of the system's petty officers are In Jail, a few more Intermediaries have committed suicide and the system hns been deprived of the services of some of those "Higher tips," who prefer the European climate, but the system's banks and trust com panies have been fumigated, the Standard Oils, steel trusts nnd Union Pacific have been revarnlshed. the system having furbished up its tools, sees it ooportunlty again at hand, and Is ready to get back to its old business. I know the workings of the system. f have complete knowledge of the methods by which, during: the past 60 years, the svstem maHter have appropriated to themselves thi billions that belong to the people, the same methods by which they now purpose to ann-x tho people's earnings In 1908. I know how. by use of this stolen wealth, they have acquired authority to such a degree. FIRST. That panics which wreck system-opposed banks, trust companies, railroads an.l Industries, wiping out In a day the peoples savings of year", can be and are produced at the will of a few men. SECOND. That Presidents can be, and are, forced upon the people at the blddinsr of the system. THIRD. That Senate, Congress and Courts can he. and are, tricked and corrupted Into legally compelling the people to bend their necks for ee.ch additional burden. FOURTH. That the price of the necessities and luxuries of the people can he, and are. mado and controlled by direct an.l BVitem mnde taxation, Amounting to billions of dollars annually, which billions go to swell the fortunes of those few whose only right to this wealth Is their ability, by the use of those fortunes, to compel the people to do the system's bidding. Mv opportunity: Realizing the power of the system, the means through which it had been attained and how.lt Is even now being employed. 1 know It would he frivolous for me to come before the people an.l request them. In any ordinary way, to help me destroy the system Years ago I began to n-arshal mv plans, and, single-handed. I have hewn to the lines of them, now Inside, the system's camp, now outside. In the courts- and Legislatures, then shoulder to shoulder with the head of the Government. In the press. In magazines and in books, sometimes apparently losing ground. I have made constant headway until at last I have reached my objective point. I have waited until men could Bee for themselves that these financial potentates upon whom they looked as th great person ages of the land were the meanest of thieves, that they daily com mitted crimes worse than those. I laid at their doors years ago, when the world exclaimed, upon reading them: "He must be crazy." and that the mighty power thev possessed was superior to the will of the people and overrode the law, institutions and government of our country. For vears 1 have maneuvered for the position which Is mine todav. In that time the system has tried by all the ingenious, un scrupulous tricks of which it is the master, and through all the de vious, powerful agencies which are at Its call, to discredit and crush me. At the cost of millions to Itself it has falsified my predictions (as In Yukon), causing enormous temporarv losses to my friends and bringing down bitter criticism upon myself I am now ready with the Instrument by the direction of which: Boston, August 10, 1908, FIRST. The American people will come into the billions of savings, out of which they have been plundered during the past half f. ntury hy that adroit, monkey-.: nrisclence.1. all-powerful few whom I hae lantern-sllded to the world a.t ti e svstem. SECOND. Such robberies will be rendered Impossible for the future. THIRD There will be vi rested from Wall Street and the system vast sums annuallv during the mtniin; years FOl'HTU. These millions will po r., iiio people, from whom they have been stolen by Wall Htreot and li e system FJb'Tll. Every man and woman poKsesh.-.l .,t' a Mingle, dollar can t'irn It first Into 12, then Into $10; every man and woman with $100 can turn It first Into $;rtrt, then into $i,.iOtj. This will be made so plain that all will see and understand. In the accomplishment of these 1 1 1 . 1 rr h this Instrument will be come the most powerful financial .-nKine In The world. It Rill make nnd uninak at w.ll the prices of billions nf stocks and bonds which today represent tho practical ownership nf the Nation. It will bernme a power in politics until scheming Presl den's, mercenary Sena:es. venal on r-sses, gasplng Rockefellers, unscrupulous Harrlmans and arrngaiu .Morgans ulil bo made by it ill l.ct servants of the people. All this sounds like a tale from the Arahlan Knights, but those who real must bear in mind thet It Is put out by a sanr man who respects the opinion of his friends and a. 1.1 t.-st.K th.se of his cr'.t'os. by a business man who know s the value .,f the $ 1 50. '.no which It. costs to print these advertls. ments by a man who Is not a dreamer, but a doer. Mv own equipment- In demanding the attention of the American people to this series of n . 1 ert Is, -merits. It Is necessary for me to Justifv mv own capacity as the rlpht agent for the work. 1 denlr?. therefore to point to the fulfillment of scores of startllrit;, nn.l. nt the tlnrtf thev were pub llshe.l, apparently absurd predictions and to the accomplishment of uianv seeming impossibilities In finance. FIRST. I am the onlv man who has pnbllelv nnd world-wldelv advised and predicted In finance who has ljved and remained solvent long- enough to point to the fulfillment " his predictions In my time three generations have come to Wall -Street, and two have gon'a from It. nnd yet In the lat year, mv t hi rt v-f I f t h In finance 1 pail to the press more money for advertising than any financial' adver tiser ever paid 1 his lifetime. The amount of monev paid to the piess l,v an established and continuous advertiser Is the best evi dence of the soundness of his published advice. SFCOND I have made mistakes, hut 1 have piloted the public Into hundreds of millions of dollars of profits THIRD. For almost 40 venrs I have been active In the finan cial game, during tho last 20 of which, while playing for position 11 mVV 18 .Iay for lallnr,ln mv remedy, 1 have paVP,1 hob . 1 " " ."-" "i nnanciai powers, producing bull panics and bear panics, nnd, during that time, although opposed hv the greatest power In finance. I have succeeded In selling to the more dollars' worth of stock than anv other man or groun publl. of men. . 'HRTH.- In that long time I have never once been cornered by N all street, the system, or anyone. On the contrary, I have made for myself sroiel of millions of dollars aiid attached to mvself a personal stock market following of hundreds nf thousands of re sponsible nnd Intelligent people located in all parts of the world FIFTH. My iafct advertised campaign (Yukon Gold)', only 'four days long, a!' hough opposed by the powers of Wall Street and. the system, culminated In a whirl which monopolized the entire machin ery of all Street. State Street and other financial centers and re sulted In a volume of stock dealings which broke all financial records. SIXTH. At tho e.ld of 40 years' bitter warfare In Wall and State Streets. I am now more closely associated with the directors of finance, business and Industry than ever before, not because they wont me. but because they need my help. SEVENTH. In all my 40 years' work I have told the public what I believed was for their ln'erest, regardless of Its effect on myself, my associates or the system. There's enough here to justify me In demanding that every American who wishes to better his condition and make life mori attractive to himself nnd those depending on him. should follow with the closest attention the argument set forth In these adver tisements. Then. I ask only that he study my Instrument, and If satisfied, that he then tnke boldly Into his own hands the means which will give him his just share of the vast wealth out of which he has long been defrauded, of the richest and most productive land the world has even known. v.nvj muu MIND yor-my fourth last advertisement will contain tho fJnanrfeV proposition ever made by a sane and responslbla This advertisement will be continued here tomorrow. THOMAS W. LAWwSON AFTER YOU HAVE READ THE ABOVE, AND WHILE WAITING FOR THE NEXT CHAPTER REMEM BER: THE MOST TERRIFIC BULL MARKET THE WORLD HAS EVER SEEN IS NOW ON THE WAYS. WHEN IT IS READY TO CULMINATE ALL GOOD STOCKS WILL HAVE DOUBLED THEIR PRESENT VALUES. ONE PARTICULAR STOCK WILL HAVE MULTIPLIED ITS VALUE TWENTY TIMES. Total sales, 917.100 shares. Northwest Hank Statement. PORTLAND. Clearings today $1,082,776.65 Year ago Balances today Year ago TACOMA. $ 1,678.783 30 87.4fi7.45 145,553 05 Clearings Balances Clearings Balances 747.712.00 40.2S0.00 SEATTLE. . ..$1.$78.869 00 217.137.00 Xorthwest Crop Weather. Oregon and Washington Fair tonight and Tuesday: northwesterly winds Idaho Fair and cooler tonight. Tues day fair. t. S. Government Bonds. New York, Aug. 10. Closing quota tions: ?s Registered. 1930 1034'q;104 2s Coupon. 1930 103 .B 3s Registered, 1 908 lOOHtflOl 3s Coupon. 1908 10010174 Ss Small 1908 100 44ft 4a Registered, 1925 10H121 4S Coupon. 1925 ill hi Panama 2s Registered 101 Foreign Grain Markets. Antwerp. Aug 10 Unchanged. Liverpool. Aug. 10 Closing: Wheat to "d lower, corn. Hd higher; Sep tember wheat 7s 6 74jd; December 7s ASKING PRICE BREAKS BADLY Three-Ont Slump Marks Closing of Session at Board of Trade. Imported Liverpool. Sfs. $20.00: $11.00; 4s, $18.00; exira c la, $e and 10a. $4 6001.50; extra fine barrels, LlTerpool lumn rw-k. no 10 rer ton RICE Imperial Japan No. . e: No. I. 64 0SSc; New Orleans, bead. Tc; Ax, ( ); Creole. ISf BEANS Small white, $.7I; large white. $4 7$: rink. IJ 16: bavou. $116; Um as. $ 85; Mexican red a ( ). Ma to, risk aaa FionaMSMl rREd8a.O M&ATsl ryon street Hogs, laser. lVeo lb; ordinary, te; large, te. Teal, extra, c ear lb; Ordinary, ieHo pr lb; heary. . Se per lb; muttoa. fan or. 76 7 He per lb; spring iamb. lUIHc lb HAMS. BACO. sTTC rortlssd (tack (Wftli hair. a. 1 to Ik lbs. 17c per la; r-iwakfaet bwn UOzlfee lb; ptmts, lie par rb; cottar roll, lis lb: res-alar aort cieara mm 11 7 lb) baoas. smoked. ItHc lb: smoked short clears. UHC id: clear Deins.smoKea.i3Hc 'd: shoulders, 12c per lb; pickled tong-uea, 70c each. LOCAL LARD Kettle leaf. 10a. 14c per lb; 6s. 14Te per lb; 60-lb. tins. 11 He per lb; steam rendered, 10s. 13c per lb; 6s. 13 Tic per lb; compound, 10a 74C per lb. FISH Rock cod, 1174c lb: flounders, (e per lb; halibut, 6c per lb, striped bs. llic per lb; catfish, 11c per lb; sal mon, Chinook, o lb; bluebacks. sc lb; ?t eel head. 8c lb. herrings 6c lb; soles, e per lb; shrimp 1 Oc per lb: perch, (c per lb: tomcod. He per lb: lobsters. l$c per lb: fresh mackerel. c rr lb: crswfieh. 10c per dosen; sturgeon. 11 He per lb; blsck bass, 10c per lb; allrrr smelt, 7e per lb; black cod. 7 He lb; crabs, $1.0001.60 dosen; shad. IHc; rot snan ec; naa roe. iic id OT8TER8 0hoalwatar Bar. oer rat ion, $1 10; per 100-lb sack. $6 00- Olyra- ria, per gallon, II. 40; per 100 ID sack. 14 0004 66; Eagle canned. 0c can. 17. u dosen: eastern In shell. $1.76 per 10. CLAMS Hsrcshell. pr twx. $140; rasor clams. $1.00 lr box. lOe per doi. raiata. Coal. Oil. m ROPE IMre Manila. 11 e; standard. lie. slsaL. 7c: I. B. sisal. IUa Ll.N8E.ED OIL Raw. bbla.. n: rases, 6c; boiled, bbls.. (c: ease. He a rai: iota or Zk canons, is laaa: all oak meaL $14 ton. BENZINE It dec, eases. 1IH per gl- Iron- bbla, llfec per gal TURPENTINE lj caaea. fie per gal; rood bb'-a. te per sal. WHITE LuP Ton lota Ta er lD;i"-!t tots. s i: ieee iota, lit in. 6'd. September corn, 6s Sd Berlin Aug. 10 higher Budapest Aug, ln-lower. -Wheat closed Wheat closed Trolley Accident in Canada. (I'nltnJ PreM Lrtsed Wire.) London. Ont . Aug. 10. Two are dead, four are fatally Inlured and seven are seriously hurt as me result or a trolley wreck near here today. The car was going st a high rate of speed when Portland Board of Trade Receipts. Wheat, 41 cars 2,906 sacks Barley, 4 cars Flour 800 sacks Hay, 6 cars 160 bales FARMERS PLEASED AT CROPS. rmatillans Await 5 Cents for Their Rumper Yields This Year. With wheat off two cents from the high mark, but little has been sold to day, although the gmin offices have been thronged all day b farmers who are now half through threshing and who are watching the market ten dencies closely says the Saturday Fast Oregon lan of "Pendleton. Farmers ' display a most optimistic spirit, are pleased with the crop yield and are most than pleased at the pros pects of an advance ln the prle. and. taken all together, the situation Is bet ter ln this city and county new than ever before at this season of the year. The merchants also did an excellent business today. Large quantities of hurvest supplies were sent out, Indians were In the city with monev with wh-lch to pay old bills and do trading, and a general aid of cheerfulness and gno,l feeling prevailed as In the olden days before the bugaboo of prohibition spread Its wings over Oregon. With the close of the harvest sea son farmers will begin to move back V,n.-,t n-1H nnan nn C.T,Uml,.r 7 o n, CrS refuse tO let SO at anv nrU. so within a month practically all of I offered and if they" were to be threat- tha farmers and summer resort camp- 7"" wim a aniiar a oushel at this time ers will have returned, harvest will u Is doubtful if anything would be hnv. been f n sherf and the fa sea- "i-ii iuubb. son will have opened auspiciously. Farmers are showing much Interest In the fair, and the number and quality nf exhibits will be better than ever, ajid the fall season promises especially well for Pendleton and Umatilla county MILLERS OFFER 94 CENTS Nothing Stirring at Loeal Wheat Mart When This Price Is Quoted. Portland millers are offering 94 cents for bluestem and turkey red today and 90 cents for club. Little wheat fs be ing delivered at these prices. The mtr. n. i ia m a Btaiuiswu looay. The grow- PORTI.AND GRAIN MARKKT. Sept. Dec. Sept. Dec. Open 95 A 96 A .1?? B .1124B High. 96 A OATS. 12I4B Low. '92 A 122 B Close. 95 A 92 A 122HB 122V.B A break of S cents ln the asking price for wheat was the feature of the local market at the board of trade this morning. Traders who scorned bids of 92 cents Saturday were willing t- s!l at that figure today, but could get no offers. The slump in the markets of the east it left the tracks at a sharp curve and I Saturday and rarge receipts of hnt passengers into the here this morning are partly responsible precipitated streel the for the slackness in tho wheat pit. .Vruia NAlLaWrsat baaX Ma, Salaried Men and Women We number jthtu -..,- rlrpntitor many men and women w!io earn their !ivr!ihcH-vd and who appreciate the importance of depoitir(t their alary and nijririg their living and -ether rxpcnsei by check. Thu r'n coin nothing and enable them in many cae to accumulate a competency, to pronde for ?tckni rt loi cf employmcrt. We give painstaking atten tion tr ail account, whether large or malL Merchants Savings & Trust Company 247 WASHINGTON STREET Paiu-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, escrow, etc Xearlv four millions trusts now in charge. Consult us upon any phase of our service. Overbeck & Cooke Co. CommkssJon Hercbants, Stocks. Bonds, Cotton. Cr&Ia. Etc. 116-211 BOARD OF TRADE BUILD IN Q Urmbtri Chicago Board of Trade, Correspondents of Logma ft Bryma Chcago, New York, Boitoa W hart die only private wire connecting Portland with tkt esatera exchange. , VXMBERS PORTLJLKD BOARD OF TRJLDaV ' We pay you 4 per cent to Bar THE fIRST START in life towards wealth and case consists in saving a portion of what you earn. A homeless wanderer in his old ape is likely to be the fate the- man who is im provident in his youth. As sure yourself of a com f rtnble old age by culti vating the saving habit. Our Savings Department no: oniy guarantees abso lute security for all money deposited, but pays you4 per cent interest, com pounded semi - annually. You can open an account with one dollar. Two per cent allowed on checking accouata. AMERICAN BANK & TRUST CO. OF PORTUND oo Seventh 5t-, Elks Tempi U a. RALTOM........rr. a l MAC aiBBOM..Cahlsr. sro rom Bvrtni catax.g-zzm - -r- . e Trees, Shrubs, Vines, la " A04rM -