riTE OREGON SUNDAY JOURNAL. PORTLAND, SUNDAY MORNING, AUGUST 23, 1008.
7
' "" ""' 1 1 i
WEEKLY REVIEW OF FINANCES'
LAvvsorrs nerve
IS WONDERFUL
Financier Shows Wall Street
Some Tricks in .Million
Dollar Deals.
EARLY RISE IS
A LATE DECLINE
Wlieat Market Advances at
Start on Frost Reports
( loses Under Friday.
BUTTER CREEK AND ROCK CREEK HOME OF
ALFALFA HAY IN THE PACIFIC NORTHWEST
TALK IS fil I X E I
Both Sides Are Sore and
Both Talk for Effect
Scheme Is Too Large.
ERR fiRAHIUIl I BUTTER CREEK AND ROCK CREEK HOME OF li
Py Hvman H. Cohen.
Thar has ht-en much controversy dur
ing the paat two weeks regarding egg
trading, quality and handling mostly
coming from Interested parties on both
Idea of the fence.
Egg grading la certainly a necessity
In all markets because of the mixed
quality In which arrivals appear. Front
tract handlora have been grading eggs
for years hut not In the way prescribed
by the local board of trade In Ha latest
cruaadn.
There la no market on the Pacific
coast not even Including-San Francisco
that can successfully grade all egg
arrivals In throe or four grades It In
Impossible not from the standpoint of
Quality but because the markets are
loo small to admit of such proceedings.
It Is all well and proper to have a
strictly fresh egg and an ordinary
grade but this sort of grading has al
ways been carried out here and Iiub
proven Risuecess It Is the making of
jnore grnries mat manes me new rumiK
Impossible to carry forth In the lojul
market.
It Is Idle to presume that Front street
3oes not handle good eges for the
etrcet has been the source of supply for
almost the entire Pacific, northwest
these many years and none can say th.it
the peoplo have been eating unfit fond.
There nre two sides to the contro
versy regarding eggs. On one side are
"rrayed the ones who handle eastern
eggs entirely: the ones who handle
them almost exclusively. On the other
side you will find the commission men
who do practically all their business
In the local production.
The handler of eastern stock finds It
to his advantage to boost tho price
cf local eggs of which he sells fen
and In this manner gets most of th"
trade, for In the Portland market prices
generally tell. He will talk of the poor
quality of the local product for the
verv same rettson when ho knows full
weft that a hen lays tho snmo kind of
egg whether located in the east or
west or over In the orient. The quality
Is exactly the same.
By crying down the quality of the
local product and boosting up Its value
In an underhanded way. the seller
outBlde goods causes the local product
to remain a drug on the market. Dur
ing tho past week It was the custom
of these handlers of easrtern stock in
quote local eggs around 26 and 27c a
dozen whon It was Impossible for those
who received most of the actual local
leggs to secure over 2Dc and a large
per cent of the stock did not brin
over 24o. This result can be seen h
an examination of the books of the
Front street housos.
While the principal reason for out
ride handlers to boost local egg values
beyond their selling height was to rrct
rid of their large supplies of eastern
Rtok at a very handsome profit th.-.o
was still another reason, ana ft strong
one, too. For some time nn effort has
Vieen made In some quarters to take
away the egg trade from Front street
and If the eastern handlers can get the
uhlppcrs sufficiently disappointed itt
their returns from Front street they
will win out.
In this attempt the boosters were
aided by some newspapers likewise the
board of trade.
?;ViJ' .'':'..; '.;;: . ':'Cf -J ft ' . 'jW' '
' w n t ' t ;:;W-- ' ' " W(- '4'. ' -U d .feli
M AIIKT.T
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OA INS.
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do ill
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MARKKT I
Vi ' T.ocoirjot h e
111. iVt.t .
V Mo. I'a.-iflo
1 if. P
V,'
-F.S.
1
. '.4
KTOCK
AmnlsnmiitM .
Sugsr
A. Bmelter . . .
Anncondi . . . .
H. .V i)
Canadian
St Paul
Coin Fuel . . .
O Northern
STOCK
Atchison
Brooklyn
L. A N
8. P
('. S. Steel, p..
nirt N'iri by l-nget T.rne.t VIr )
By Thomas C Phot well.
New York, Aug. 22 .-Manipulation was
Indulged In on the stock exchange today
to such an extent that tho profr sslonals
were utterly bewildered. Nobody but
Thomas . I. an son and .lames li. K-cue i
or Hanlel ft. Held, would have the iicre
or means to handle the blocks of stock
that were put across the riour. c-teel
changed hands 0,OCK shares at a time.
I'nlon Pacific Kmeltei;,, Amalgamated
Copper and kindred shares were handled
World's Wheat Prloa.
Sept 4
Port la i i,l S9 Jj
CM. ago 93
New York 101'i
Pt I.onls 4
Kansas City g;i
Winnipeg j,; B
Minneapolis
Duluth 100'4 4
Liverpool "aitA
CHir.(i(. VHKT MAKKKT.
Peptember
1 eceniher
.May . ...
( )'C71.
. .91
C lose.
I'.U
K4
US '
A ug. 2 1. I,OSS.
SS'-M '
Wire )
In the north-
and caused a
i demand for
Alfalfa hay Is fast coming to the
front as an article of commerce. A few '
years ago It was practically unknown In'
the Portland market and yet t'la;
there ' -c many us"s for the growth.
Along Hurter crek In eastern Oregon
in the vicinity of Helm and along Rock
i t"' I: in illillam county, alfalfa has
found Its home. AlonT the former creek
tha growth Is so good that It has 1
come the greatest cattle feedint: tiroii
on the Pacific coast, f.mle fee,
on tho increase In tin- Ko.-k crt
glon simply because alfalfa hay
fk
an
'-c lsi!- ttnd -i-r.v cheaply produced there.
ii.l 'I he picture pr inted above Is a phnto
s i;r.i.i taken on tie place of I V. I tow-re-
' iii.iii nn Putter creek, near Kcho. There
be i are sou tons of alfalfa In the stark.
FIGHT BETWEEN WHEAT MEN
IS OFF FOR THE TIME BEING
BOARD OF TRAniC RFCEIPTS.
('a rs
Aug. 1
Hi
H
RITTTKK ME ARE SCAUEP.
Loral Conditions Justiflod Advance
but Outside Trices Are Ixw.
The advance of l'n a pound In the
local creamery butter market during the
past week was expected because It was
fully Justified by local conditions. How
ever, outside conditions are not of the
lest and some makers put forth the ad
vance with some mlsirivlugs for thev
pave .had several tastes of trade loss
In recent ve.ars simply because thev
had advanced local values when outside
conditions did not lustlfv it. Putter can
lie shipped here from California anil
from the east and sold at lower prices
with considerable profit. In fact one
car of eastern stock was unloaded dur
ing the week and found Instant demand
fit 25c a pound.
The output of local butter is showini
considerable decrease while demand Is
Increasing Local storage butter Is be
ginning to appear and will hereafter af
fect the price of fresh-made stuff.
POl'ITRY STRIKES HIGH.
Barley
Flour
Hav .
Oats .
Wheat
Week of Aug. 22.
Aug. 8.
1 8
K-.
cl
12
361
12
1 2
13
9
129
Cohen,
a time
at
no longer
Citgerlv as they
least
nut-
By Hyman II.
The fight Is over for
and wheat buyers nt
bidding one another so
were during the first few weeks of the
narvest.
The. principal fight was between the
millers and exporters- for control of the
trade and while the differences are far
from settlement at thts time, each side
seems to see no i'lcnefiia to itself from ,
continuing the war and giving t lie
profits to the producer.
The fight was Mrnply the att.-mnt
of a line of exporters to take most,
of this year's crop nut of the omjntrv.
while this stand was, of course,! op--posed
by the millers, who saw in 'this
mine export trade a diminishing of their
own power. !
At first the trouble was in blurstetn '
because one of the exporters sold some'
of this grade to foreigners while the
millers believed the bin. -stem rhivild all
remain at home because it was our best
wheat. The result was that the rnlMors
.ought the exporters when they at
tempted to fill their orders and In this
way sales of bluestern were made close
to the dollar mark basis of Portland,
'if course only one or two sales were
tnado at this extictne. but had the com
petition continued many more transac
tions would have been the result around
sky-high values.
I'uiitiR the past week cash wheat val
ues began to slide downward and for
the six davs they show a drop of fully
."c a bushel. '
Cash oats market Is very firm at
hieher prices because of the small of
ferings but there is some slight loss In
the price of barley.
Cm the Hoard of Trade there was but
little- change In the bids during tho
past week for wheat futures.
Hav market was quoted firm bv buy
ers because ef the smaller offerings
than anticipated hut the movement to
market Is showing con salerahle increase.
1 luring tho past week si cars arrived
compared with 2? a week ayo
cars two weeks ago.
Hon i ll of Trade " heat prices
week :
LIVESTOCK BRINGS ADVANCE
UNDER NEW SYSTEM SELLING
PORTLAND LIVESTOCK RUN.
Hops. Cattle. Sheep.
Past week Ol! .')! I-'''1
Previous week .... 1?. mio -!''""
1007 115.1 1IH 37S7
I!'06 '. . . 41 1 4 1 " 2.VM
1905 67fi 712 33';.'!
Ry Hyman H. Cohen.
Portland Pnlon Stockyards, Aug. 22.-
make
Monday . .
'I ue sd, iv . .
ednes.lav
Thursday .
Friday . . .
Saturdav
Sept.
STeH
K VB
SScH
SScP.
ST'iTl
2F.'f40o: medium
long wool, 75o
valley. 1J
1 S H r$ ' 9c.
34c; No.
Now Advanced Vflliies Shown With
Rotter Demand T.hnn Supplies.
Poultry soared to new hlch nrlces dur
ing the past week because of the un
usually heavy demand. While receipts
were aa a general rule quite good, the
call was greatest and toward the close
of the week hens Fold at HUc and
5c a pound while broilers and fry
ers went to lie and 17c a pound for
the live birds. V
Eggs were somewKat firmer with
prices higher on this account.
heese market was verv active with
quite heay sales to Alaska and Puget
pound Most of the surplus holdings
here have been cleaned up and as there
Is hut little stock remaining on the
market at Tillamook, the strength can
be-readily seen.
each; short wool,
wool, 60c ((f$l each
$1.26 each.
WOOL 190S Willamette
3 ISc.
MOHAIR 1907 Nominal.
TALLOW Prime, per lb.
Z and grease. ZfrL'c
OWITT1M BAR K 3 3? 4c. !
HIDES Dry hides. 13 it? 14c lb; green, j
Grain, Floor ana nr. '
WHLAT Buying price, new Track, j
Portland Club Mi ;i 9"c; biuestem. 02c,
fortyfold, 30-3 Sic. red. Sv, Willamette,
valley, s:i ij iii'ic. I
FLOI'H Selling price Eastern Ore
gon patents, S4 S5; straights, $4.05
4.55; exports, 13.45 7 S.S.0: vallev. 14.45:
I graham, 'is, $4.40; whole wheat, $4.86;:
rye, d9, ju.nu: naies. j.!.
MILLSTPFFS Selling price Bran,
$26; middlings. J30.60; shorts. $28
IS. 60: chut). $21?29 per ton.
HAT Producers' price New tlmothv,
Willamette valley, fancy. $15; ordinary.
$14; eastern Oregon, j 1 1, ; mixed $iU'ot
10.50; clover. $9; grain. $10; cheat, Jin,
alfalfa. $11.
PARLEY Feed. (2i 50; rolled. $26 50;
brewine. J2fi
OATS New No. 1 white. $.'; gray.
$25 per ton
6ff6Hc; calves, green. SJflOr; kips,
67c lb; bulls, green salt, 4c lb.
In fulfillment of the promise to
the, local livestock market a modern
one with all the latest features. The
Journal began the publication this we"k
of Individual lots of entile, their
weights and the average prio obtained
for t lie lot. This will he follow ed in
short order by the quoting of lings and
sheep in the same manner.
Tills will Insure to the shipper and
grower nf ltvestnck nn a curate review
of the transactions each day. the prices
quoted for each lot Indicating Just what
tho market is Instead of simply saying
that prices ranged in such and such a
Way. The bulk price will likewise be
listed each day In order that shippers
can tell at all times what the general
market Is even though there were im
sales or receipts In every line that daw
The local stockvards are dallv erow-
l'J?'lng In Importance as a buying center
el! f,,,- tho entire Pacific northwest and
HO MicP, j n. t no verv la'e date practically all pur-
I chases for the various northwestern
China fats, $0; stock ers and feedefs, 5
it 6.50.
Cattle Select east of mountain
steers. $47-1.25; me.ihnn. steers. $3.75
t on; ordinary, 3.25'i" .! '; cows and
heifers, $Jy.1.25; inclinm cov s. $2 75
..a0; stags. $ S jri- 3 .". u ; bulls. f!'rf?.2S.
Sheep Pest wethers; $3.f.; ordinary
wethers, $3 'u' 3.26; lambs. $4: straight
owes, $2.50; mixed lots, $2.50 ff 2.75.
Veal Choice young calves, $5, heavy
and rough, $.1 it 4.
Hoes Strong In East.
Chicago, Aug. 22 --Official run:
Hogs. Cattle. p),ppp
Chicago R.OOO 400 2.000
Kansas City .... 2.000 300
( mialui ' . . . 4,000 200 100
and 3S 1
for the
Dec.
R9 cB
cR
S! cR
89
90
Hogs are strong: left over yesterday,
c ."00; receipts year ago. 7.500. Mixed,
S'l.Ki'u heavy. $6..-.." ? fi Sf, ; rough,
$1 15-i; H.45: light, JR. 05 -Ty f!. 75.
Cattle and sheep steady.
IIOSTON COPPER MARKET.
today In million-dollar blocks The mar
velous fact that prices ua.te only moder
ately affected Is significant Such ma
nipulation done seriously, would have
broken the maiki t In point. 'i In- ,-x-trei.ne
move was an avviuge of two
points.
Attempts trnccount for the market's
activity with a hank statement showing
tin Increase of about J5.uu",(luu in n-ru
were futile, because inoiiev is already j
too plentiful In Wall strte.t. Mr. Reldl
issued a denial of the reports that he is 1
in tho market on either side Denial j
also came from Mr. Keenc's office. This ;
left Mr. Law-son as the only possible
culprit. If Lawsun did It he Is tin
doiibiedly backed by the biggest people
In the street, ur trie money nf the Hay
State as company has gornj glimmer
ing to keep company with the other mil
lions that I.awsou has lost In Wall
Street.
Nn news whatever came to light to
account fnr the day's transactions.
There was talk after the close of 4u0,
nOO shares of stock to be delivered .Mon
day. There has been a heavy borrowing
demand recently and it is generally be
lieved that big insiders have been hold
ing back their own shares while they
used bnrrowd stock to complete th
liquidation. John 1 1. Rockefeller Is said
to have done this. Collapse; of at least
one stock exchange house or of the
market Is expected Monday. The curb
market was very quiet. wyjtK-Uw-mlninB
shares showing strength"
(fnttM Prens I en soil
Chicago. Aug. 22- Frost
west came In the night
little Improvement In tl
I wheat the first JO minutes of the ses
sion, but that ended the frost Influ
I ence for a while, ft,, that a quarter cent
1 advance In prices gave wav to over :i
luiif-ieni decline. It was in f. mtnH
f local traders that the spring wheat
mm t mem would he under mi ong head
way next week, as Indicated bv the num
ber of cars at Minneapolis- 2-uS, against
HO la.st year, and It was expected that
mi Mon. lay there would he 41I11 cars or
llloio. file b:,k of which would bo
from t;,e new crop. There was also
some liquidation by September longs to
obscure, what was bullish in the gn-
1 m si 1 u.iuuii. l-oreurn niarlcet w
when heard from. Liverpool ro-
(luwn .from Sd to Hti.
lower, Antwerp un
cents lower.
lower
ported futures
Merlin was i
change.) to 1
de
a kn.
late jajc
t he 1 nd Sept
! low whei e
...i-j recurrent after each
".cry, and not ftir from
mber sold nearly 1 cent
tt closed the day beforc.
Range of New York prices by Over
beck & Cooke company:
O
DESCRIPTION.
FRONT STREET REVIEWS
Brief Mention of Many Lines
Trnde for the Past Six Pays.
Dressed veal showed a decline for
week owing to large supplies. Dressed
liogs were firm and unchanged.
Receipts of peaches are now
heavy and the market Is tending down
ward.
Tomatoes are coming faster from
tipper Columbia river points with a low
erir.c of Quotations after an advance
the fore part of the week due to scarc
ity
Watermelon trade Is very heavy with
receipts enormous and prices maintained
at top figures.
Loal cantaloupes are fast taking
control of the trade Heavier receipts
are pulling down on es sngntiy, al
though quality is excellent.
Potato trade witn tne norm is some
what Increased but offerings of suit
able stock are very light owing to a
i continuance of the dry spell.
While th salmon run in tne Colum
bia Is very slack at this time packers
report an output almost ."1 per cent
greater tun to oate a year ago.
hiont M'C't e' s n 1 i-e innowirc
jiricto Tli'w nail snippers are less
regular commissions:
Batter, Eggs sod Poultry.
RI'TTFR Extra creamery. !14r,
fancy, ;;'.f, store. 1 sc
n 1 -TTe.lt I A 1 --1 eiivery too. -ori-
land sue t cream, .tec, sour. 27 4'
r-" lh ......
E'MiS Icai rei, 2nc; orninnry. ze.
lrg lot" 1.: less, eastern. 24c, local
Storage. 24c I
CHEEFF Full cream, flats, triplets
nd daisies, 14 Vie; Young America.
ISHe
P HURT ,M.x'd cntcnens.
RUr; fancy h-is. liulc. roosters.
Id. frver. 1T3 l'4r. broilers. 179
17Se lb; geese spring. 1 4c . turkeys, altre.
17c; spring ducks, ueiic lb: pigeons,
flit dot: dressed poultry. 10lH lb
tlsher.
Mtrpm. Weol Siad Klde.
HOPS 1 T crop, first pftme. c;
$rltne. 4Uc; medium to rrltie. 10 4c;
medium. 'ye ltf ltv( croIk jJlv,e Is;
ontrscts. c
Fruits and Vegex-remes.
ONIONS New Oregon, $ 511 per hun
dred; California. $l.:'j, Walla Walla.
tl '.'5 ner Brtflr' vflrllc tr- IK
Of POTATOES New. (.'llin;' $1 .i5: buy
ing $1 'if 1.10 per i-wt . !. t. CM'jc
APPLES New. 75r .1 1.50 Iiot
toe FRESH rRCnV-iirantM. HOOtf
4 50; bananas. jWc per lb, crated 6c:
. 1 mons, $4.50 (i c-'5 box. grapefruit. $4
ei r 1 (8 4 60; pineapples, Hawaiian. $3tf3.5o
doz; cantaloupes, $ I '-i 1 10. blackber
ries, $1; peaches, select. $1; A A. '.my.
A. SOc, B. 7uc; pear. $1 Of 150: grapes.
75cexi.35; watermelons. $1.6u'ul.76 cw;
casabas, $2..'.' doz
VEGETABLES Turnips, new Oregon,
$1.25; beets, $1.50. c arrots, f 25 1 fl
sack: parsnips. 5cTi$l; cabbage. $250
f?2.7o; tomatoes. 1 r; 1 in box. beans
5c: cauliflower, Cailfcrrra, crate, 1,
peas. Oregon. 5c; horsi radl -h. HHi lee.
artichokes. 1 - d"7, green onions. 15c
per dot. peppers, be'l. 5c. Ciile, . - i.
nead lettuce. 251; 30c doz. cucumbers!
local. 20t3 5"c dox, radishes, 15c dr.7en
bunches; celery. 75'a fcOc; eggplant, t j
Sc; green corn, $1 50 sack
Qrooetles. ttu. no.
SUGAR--Callfoi nla ,t Hawaiian Re
finery Cube. tt.6u, powatreo (I 4i
berry, $ :&. dry Btanulared. $6 25. XXX
granulated. $(15, conf A.. $4 25. extra
B.. $5.80; golden G, $ 30; D yellow.
11 ta; tet granui-eu. is oe. ttarrela
1 Ftp h 1 f hnrrftla llV hmi
Vance on sark Pasta
(Above prices are 10
ouotations. )
HONEY Nw 15e per lh.
COFFEE Pnckatif brands. $150
SALT Coeree l'lf greimd. 100a
$11.09 per ton, SOc, $1150: tMe. dslry.
10s. $1$0; lOs. $1C0: bI- $111;
Imported LlrerpooL 5na $$o 0; 100a
tlf.00: 4r. $1100. extra One barrels.
la Be and 10s. $40(ri6O; Llrerpool
lump rock. IJflRO ir ton
R I CF Imperial )rsn No 1. tr; Nfv.
t. 6HeSi,c. New Orlewna head. 7V,c:
..'. ; Creole. I,-
RKAV8 Pmsl! wh'te $4 Tl. Isrre
white. 14 Tl: rink, $115: Haroo. IS 11:
Lima till: Veilran r)n
Meata. risk aa4 rierutins.
HAMS. BACON. ETTC PtTtlsad pac
flea! hiiTt, 1ft 11 Tha. ITe tr lb.
hreskfaat ktrnn. llfl'SUr R; fl-rlca
lie pr lh: cote roll i- lh: retruler
short dears smoked. lHc lb; barks,
stoked, 11 Mo M; anoked brt cieaa,
12Hc lh; clear bellls. smoked. 13 o b;
shoulder. 12c per lb; pickled tongues,
70c each.
URLSSED MEATS Vront street !nre
Hogs, luncy. iioSo lb; ordinary, ic;
large, be: veal, extra, 8c per lb;
ordinary, 7 H (g Sc lb; heavy, 6c pei.
lb; mutton, fancy. 77Vic per lb; spring
lamb, 7 a 7 Vac lb-
LOCAL LARD Kettle leaf. 10s. f4c
per lb; 5s, 14Vdc Per lb; 50-lb. tins,
1 13'4c per lb; steam rendered, 10s, 13o
1 per lb; 5s, 13Vjc per lb; compound. 10s.
9 Vic per lb.
j FISH Rock cod. 12Hc lhi flounders,
1 6c per lb; halibut, 5c per lb; striped
h.,ns. luc per lh, catfish, 11c pe"r lb; sal
mon, chinook, 9c per lb; steel-
- heads, jt1, silerside, 7c lb; herrings,
15c lb: pnlcs ,- lb: shrimp. 10c lh, perch,
tc per lb; toraend, 11c per lb; lobsters.
26c per lb;, fresh mackerel, be per lb;
crawfish. 20c per doien; sturgeon. 12V4-'
per lb; black bass, 20c per lb; sliver
smelt, 7c per lb; black cod, TV4c lb:
I crabs. $1.00 ff 1 50 dozen, shad, 2Vc; roe
I shad 6c; shad roe, lHc 'b.
! OTRTKRS Shoalwater Bay. Der sal-
Ion. $2 60; per 10O-1b sack. $5 00; Olvm
pla, per gallon. $2.40; per 100-lb sack,
$6.00 6 50: Kaule canned. 60c can, $7.00
floien; eastern In shell. $1 75 per 100.
CLAMS Hardshell, per box. $140;
razor clams. J2 00 per box. 10c per dox.
yatnts, Coai. Oil. IM
ROPE Pure Manila, llc; standard.
11c, slsai, Kc, i. K sisal. 4c
IJ.NShKli Cl' Haw, PDla. 3c;
cases. 5;tc, boile.i. Lbls., 56c; cases, 41c
a gal; lots of 250 gallons, lc less; oil
cane me..l. $44 ton.
BENZINE 86 deg.. cases. lViC per
gal, Iron hbls. 124c per gal.
TURPENTINE In rases. J tc per gal;
wood bbls. 6s- per gal.
WHITE LEA1 1 Ton lota 7e per
lb; 600 lb lots. Sc lb; less lots. 8Vc lb.
WIRE NAILS Present basis. $11
packers will be made here. In
a nco of this plan, the killers
taking their buyers off the t
detail ht one man each
t ken j
r'-ee
one
rcr-
o m -
t :
dr.
In'
v b
atitr'
rni'
f
l'
n n
sli
s of
a-lvaecf
iv' tlnif
pt
! e-
ft"
-h p-
News Gossip
of Finance
par
Snle.
New
bonds .
Tirk.
-Oorerr.ment
Twos rr1s:red
do COupc,
Thre. s. 1 , g s t 1
do c. 11 pon
: ' . ci tred
do C U1 , .
Tir' rumnn
Thret-s. small bends.
Pat
i ' s I '
1 3 !
. 1 ' '
K-
1 1 2 5
125
Rid.
10.1
1 4
111
101
1 2''
121 '4
10
boxes. 55c ad
daf8 oat .cash
New
Lske.
::s-
l.d
1 in -
York.
IJ S tt
A US.
14c
22
t rol j t lc.
Ask.
1"4
1 0 5
101 S
10 l,
111
13?
1(3
100 ,
metal .
13 S m
$4 :
5 s ft 4 :
New Tork Aug 22 Rank state
ment Reserves 1r,reas $5.?t Sit
00 less U P.. lncrse .... 5 H7 efl
Lon deres $.412. $00
Pperi. 1nrs ... ( I.K lt(
l-ts decrees .'4f
fwpd'tts inr J."0t'J
( Irculatloft. d-rje HI ee
Actual rash rserve. 2174 pr cent
New Terk Aus. 21 Sterling
'i;9l:i d-mand. 414 (i
da a, 44 70
Cable-",
044 le.
IJTerpoo! T"hel MarkH.
I.lvrtxKL Aug 22-Wtteat clee'
eWfBlr. Deeeaateac. UIMt TJi;
furth
are fast
oad anil
to do the
huvlncr In the Portland yards In a
short time or as sncn as sun
please- all outside buyer will be 1
rtff ih.i rcn.l qtiH all TMiTchrices il!
b .-noHrt In mien in a 1 k e t in the local
vards. I
Will Help the Producers.
The rlan of selling ail livestock In j
open market evprv day when huwrs fori
the various houses will be in n tt enda-n-e. j
means much to the livestock trdustrv r
and Incidentally to the producers. It.
means that instead of sec. ring
packer's quotation for his stock a
tain day the shipper will have the
petition of all huvers an.! he will t
fore receive th,e -verv- hie' es' pr!.
market affords Under, the opi 1
scndln huvers out lrm
shippers could not be pro
of the actual offerings 'f
they did not receive the
the buyers at one time
Tf there was certain to
In a certain stock within
1t was the rule of the
old conditions to send th.
Into the countrv. and b.
ducer realised 1' he had
for a fraction of Its vi! 1
cause he had but one 1 u
wl'h on that da v.
Under the new regime
Inge will be rare for ..it
are oulte generally well '-'"a
conditions to come, p.r 1 'a -
their comt.etltors puro'-a-.- C
t'-ev will bid up the i-r1 :n
get It themselves
Commission Houses' I'nr'her
T'nder the new plan f -1 inj
recently Inaugurate,! a' '!
transactions go throuch '
commission rrerchant ' - '
another to pe- the top !;'
shippers in order to h 1 '
ments This mems the' :
be packers bldd'r.g nMl,i''
1 lur that the re.-e ei v
'their power to dins fort
'At the present fin" a r.-v ' "
are engaged In k e c. - '
nesn st the vir l cl
firms are about ue . k-
ters have been 'i'te.;
var-s until suh a tir
yards or. the Per.lns-ula
pleted.
Vtponr Tone lnrliig
There verv s'r
lines of Hvv.t-V t'
during t'- pst week P-,
disposition 'o h'a n'l t
rnete here 11 hen suppMe"
nd the reeult w ths
thet eTTie was ou.lck:v m-
wlthln tbe mrr" quoted hv T
Tbe ton tn bogs w pr.i v ri---snd
for the past w k f-, : ' ' "
s -Off advance ef .1- r: " r
the market ov f : ' ' - h".
of th rn-;nts1" uff eh'' -a--pcktrg
tir c.M tir1 ' C, .e '
the week srunl "s en4 r'
vane nf about th sa-r T-ir! as in
bt etuff
Cattle market w firm - ece'p's
were letTilT risked up .- w
a err frTn rrk' f-r a ' c
ef etnff then vs be'l o r ' ' C
fw a-rlv1 of : rtess v- n
sdvarvre nf 21c over ' " r-,re
was pall. Eren t erd'-sv s-1 r-or
eroff hmnt N" tr price" "'"t ti
th iBcroastrg demand
R ua nf hef was nrrtalle .'4er
iNt; ttal ertv helrg 1 : bi
ewiere4 wrh ? a k r- and
t,7T a rear s tut w4t
'ffi'el Ten! ralu tods'
Htt Bet t r.f netili I n
llliai, kieckars ana I
(Furnished by
Ihiston, Aug,
Adventure . .
Allouez
A rcadia n . . .
A t lan t ic ....
Post on Cons.
Ruffe Coal a . .
Cal. ,1 Ariz.
Cal. & Hecla
Cop. Range.
C. Ely
Granhy
Greene
Miami
Mohawk . . .
Nov. Cons. .
Overbeck Cooke Co l
-Hfil prices':
1 0 1 k ' Newhouse
Sti3; 'No. Rutte. ..
4 A I Osceola
14 Void Horn....
13VilOulncv
2fiVjlShannon
US I Sup. Pitts.
6 SKA Victoria
77-ll"nRed
8 Vj 1 Utah Mln. . . .
102 IGlroiix
11 V Lake
1 1 iNipplsstng . . .
65 H ! Yukon
Amal. Copper Co,
Am. Car & F.. c
Am. Car & F.. p..
Amer. Loco., c.
Am. Sugar, c . . . .
Am. Smelt., c . . . .
Am. Smelt, pfd. .
Anaconda M. Co.
Atchison, 0
Atchison, pfd. . .
Bait. A Ohio, c. .
Bait. & Ohio, pf.
Brooklyn It T.. .
Canadian Pac, c.
Cen. Leather, c .
Cen Leather, pf.
Chi. & G. W., c. .
C., M & St. P. . .
C. & N. W.. c. . .1
I dies. Ohio.
! Col. F. & I., c. . J
1 Col. So., c i
do 2d pfd I
do 1 st pfd .... I
Products, c
I't'd I
& Hudson.
R U.. c . . . .
pfd
tt
3
76
39 V
" 6 5 i i
134 :
92 V
'4l
H 7 'H 1
93 V.
' 5 i v
1 7 2 -V4
2H
a
79
40
56
1.1.".
95 V
'id
94 V
172
2"a
97
39 V,
134-V
92 V
'46 V'
93
5 i -V
171V,
141 ,142V
IBS v! j
3.1 V
33V
62 i
19 V
GOLDFIELD COfi. AND
FRACTION ARE FIRMER
e
the Week.
j (Ry Nat Boas 1
j Pan Francisco, Aug. 22. -There was
( no special feature to the mining market,
j although more Interest Is being shown
j from outside sources. The closing was
firm today and nearly all the good Is
1 sues are in eoo.l demand and the mnr
: ket Is predicted by some to go hltther
ret.w-eek. There Is a better demand
ail around Fraction is In good demand,
also Gnblfield Consolidated
J P.d prior Nevada mines
J GOLDFIELD DISTRICT
Columbia Mr. 26c. Jumbo Ext 4e.
Ken lall itjc. pooth 46c. Hlue Hull 1.1".
Adams 4- Silver Pick 2"c asked. Mav
i.tueen 6c. Nevada Pov lc P. P. Ett
2-, P'ue Hell 5. Dixie 2c. G i'ni itMi
c- Hlbemla Sc. St. Ives 30c aske 1. Con
queror 6c. Riark Rock P. Lone Star U"
Woinlnr 2c asked. Cro 14c Kendall
i:xt Ic asked. Sandst. Ext. 2c askd.
Mavn 2c, Atlanta 29c. GreaJ Rend 35c.
Empi-e 3c. Red Ton Ext. 10c. Florence
M3"'i5. Dlamf R R Con 17c, C. Daisy
74c Laguna $1 ?2V Comb. Frsct
j::?', c,r Rend Ext, 6c, Gr. Bend
Vr.x 1- asked, Mlllstorm c. R R Po
nar.ia 2c sale. Kewtinni 3Pc, Portland
icr a.kd. Cracker Jack c. Francis Mo
hawk 16c asked. Red Hill !Sc. Mohawk
Kt 4c. Lou Dillon Sc, T. Tlcer 9c.
, -a"dma ic. y Hose ? Goldfleld Cor.s
$"'52'-. I iamondfield Triangle 6c
COMSTOCK.
Orv,r $2 15. Mexican 7r, Gould
Curry 12cA. ("on Virginia 3c. Savage
:i-c. Ha ,v Norcross 20c, Tellow- Jack-
5c
I 22; 23 I 22V v:
;fd 1 28 I 2SV 2-S I 21
pfd . . . .' I ! ! 3 7
pfd . . .T357s f37H;i354 T 3 '
U35V4 135H 135i4!13:. W
1IO8 V4 109 Vs ! 1 08 Vt 1 1'7 2
! 1 .1 4
1. Ry.. .16 16 16 ! 16
T.. c. 31 31 I 31 I 31
I 6 34
j 1 35
1 ; i 1 -.
Corn
da
Del.
D . & R U . c . . . . 26
do
Erie.
do 2d
do 1 st
Gt. Nor.
111. Con.
L. A N.
Man. Ry
Mex. Cen.
M . K. &
do nfd
Distilfers
Ore lands
Missouri Pac. . .1 55.t
National Lead . 83 H
N. V. Central .... 102 '4
N. V., Out. & W.i 41 K
Norf. & West, c .
North American! 63
North. Pac.. c . . . '144 '4
Pac. Mall P. Co 25
Pennsylvania Ryl23S
Pressed S C. c . I
do pfd I
Reading, c '123 7fc
do 1st pfd. . . .! 85
R-p. I. A S , c. . . 1 "3
lo pfd ' 7
Rock Is! . C I 15 S
dn pfd 1 ;u,
S I. & S. F . 2 p 21
do
Pt L. A- S W., c 17
do
Sou'
,1
3-lV j
LlSl
62 ' I
19Vj
76 I
26'
141
33
33'
62
19'
7 6
C2.
.r.
7SV4
, 3 f'
1102
I 55-4
1 .1 4 S
9 3i.t
107
46
TU
9 4 l.
93 H
82
51
172 V,
96
64
1 4 1
4 1
3.5 2
12 -Is
53
,;- 1
1 9 j
. .IP
25 Vi;
1 '...ember iett oft at 94 and May at
!ls'i ' etas. Primary western market re-
I'olpix did not differ materially In
! amount from what they were the day
, previous. Besides liquidation ay Sep
I t.-mbr-r longs tliero was much done for
;'!. ni t account.
I Tho corn market took no heed early
i In- the, dav of the weakness then bclni
I display-il by v. heat. l-'iost In the north -I
west and comparative coolness of the
weather here fur iwo nights created just
the shadow nf apprehension lest It de
velop Into frost before Jong down in the
corn belt. J.lverijooU reported '-t de
cline In future.-. Later much of tho
strength was lost because of the con
tinued weakness in wheat, but there,
were no declines in prices at the end
except for September delivery, and it
was affected neuw by estimates nf 351
curs for Monday's local rcelpts. Car
load offerings had to he sold at from
'i to 1 cent 11 bushel lower than yester
day. At the close the loss In Septem
ber was Vi cent, December closed with
out change and Mav showed from 1
to 1 '.4 cents advance.
In oats it was still a matter nf smajl
receipts, light stocks and good consump
tive demand. Prices under these sur
roundings held firm and some addition
was made to prices. Sample market was
a shade easier.
Lhiuiilatinn by longs In the provision
market was very general, and It was
made to have as much Influence In de
pressing prices as could be done by the
short Interest that wanted low prices
to cover their previous sales. Thera
was a weak hog market to assist that
op. -ration, as w 11 as small shipments
of bnth meats ntirl lard.
fish sales -Winter wheat No. 2 red,
:il'.ii:i,r,i,c; No. .'i red. 93 !- 'it 9 4 c: No.
2 hard 94Vf'97c; No. 3.. hard, 93 Vi
96 c : ' snrinir Nn 1 northern. $1.20(3)
1 1 1 1 No 2 northern. $1. 153)1. IS; No.
I ,1 spring. $1.10H 1.12.
! Corn No. 2 7'5?79Uc: No. 2 white.
'79c; No. 2 eIlow:. SOc; No. 3. 78Vc;
iN'o.'.l white, TSljp; No. 3 yellow. 79Vc;
I No. 4. 77-ff 772c.
Oats No 3 white, 49H51c; No. 4.
white. 49fi50'2r; standard, oOVAolo.
Range of prices:
WHEAT.
Pfd
& S. F , 2
1st pfd .
A- S W ,
pfd ...
. Pacific,
pfd
55 H 64 64 '4
S5 S3V 84 V4
104 K 101 104
41 V 41V 41
I.. ..; I 74
63 I 621 63
143 VI 4 1 V143
'25 1 24 4' 24 U
1 23 V123 4
! S3 "4
. . - . 94
12.1-Vl24
123"
'124
8 6
1
Southern Ry., c.
r"
& Pacific
L W . c
; '
do
l'e s
r. st
,i,
' r'.
1 1 s
w
Wi
1 H . .
, , f ,1
tVlhher,
rfd -,
Steel Co ,
Pfd ...
s'u c"ra .
p'l
Tel .
Cent . CC
pfd
99 st
1 1 9
1 '4
4 V,
25
157
5
8 3
10 0
45i
U'S
12H
26
65V,
1 2-S
1H
31 K
17
106'
119
1?'
49i
1 5 i
2i, 2 9',
'l6's
85
22 7'
77 l
1 7
30
21 '
4 5
16
3S U
9 8 K 1 9 8
118 !11S
18 V 18 5,
4 8 li. 49
25 I 25 I 25
26V 25V 25',
67141 66 1 66
158V 1 5 6 V 1 6 6 X4
86 4 1 85 V R5
33H 33
100 I 9i
46 46 H
108 1 1 0 7 V
12V 12V,
26 254
66 66V,
23 V 1Z
Open. High. Low. Cloae.
Sept 93 s, 93 92 9SA,
Iiec 9 4', 94 a, 93 4 94 A
i.Md Dec 94V4A.
May 9SH 96 98V 98V
CORN.
Sept 77H 77Vs 76i 77A
Dec 66 66 65 H 65 H
May 64 H 64 H 64 V, .64
OAT3.
Sept 49 49V 49H 49V4
Dec 48 34 4St, 48 S 4?4
.May .... 60 H 60 - 60S 80S
PORK.
Sept 1 447 1 447 1 410 1410
Oct 1 455 1 457 1 410 1 420
Jan 1557 1557 1630 1540A
LARD.
Kept 815 917 910 912A
Oat. 927 927 915 920B
Jan 910 910 902 90iA
RTF3.
Bept 62 865 865 855B
Oct 875 875 865 S86B
Jan 800 805 800 802
hr
Total
ling L
ir gnou
Lake
iv 72
71H
sales, 1.090.700 shares.
et
Richer
N'ev 30c,
l.o Confidence 45'
Exchequer 20c, I'nlon
1
BULLFROG DISTRICT,
f a' ;.- pui:f M r 4"A. Meet.
1 - A Nat Hank 4 -. I Hnr"
Arr.ethyst 4c. Geld Par 4-. Fo-i-b-pie
Mavfl Cons. 7c. M ont v ''
rA. G Scepter IcA. Monty. Mt.
Hcmestak Cons 27c.
TCNOpAHf
M"! T""' $1 Ten Ex? fA. M
Narrr '.a-. Midway 4"c Ton Relmort
$1 '2S. Ton. No. Star 9c. Ohio
le v. Rescue Sc. Jim Butler ITe.
MANHATTAN DI8TRICT.
Feyler Hump 3c sale. Dexter 4c.
HH Sc. Llttfa Grey lc. Cowboy
, ,r c
S p
P : .
l-.V
Fx-
1 He A.
Mttiti. 3cA. Broncho lc, Flnenut
g 3 c
VARIOUS DISTRICTS.
Nevada Hills $1.25A. No. Ptar
der Sc.
Dean Russell of the University
iscnnsln has selected Mrs P-o't I
rs-il to lead the movement for .'.":
;-! rrllk lsglsjatlon.
Overbeck: & Cooke Co.
Commission Merchanls, Stocks. Bonds. Colton, Grain. Ik.
216-217 BOARD OF TRADE BUILD INQ
Mtmbera ChKif o Eotrd cf Tnie, Correipondentg of Lograa & Bryan,
Chicago, New York, Bo ton.
V hart the only pnratc wire connecting Fortlsnd with Uk easttrs
egchaege. ,
MKMBER8 PORTLAND BOARl3 OF TRACK,
;I We Pay You
i! a rAn s '.
to Save
i1-!'! ?in all sun1? aved soon ;
I "qi!' jT'ow lartrc and rarn in-
71 I t tt rest a!! tho time. Fro- !
j toot .-ar;.'If an 1 little
1 bv rit-.nip an a- ji
Ton i cmV 1:1 our 'Savings j J-
: I Vpartru r.t." ,
'lJA. : n-i rrr.p.rv in the Batik."
' P'ir with a dollar of
1 adl to It waokljr or
' mort.-.lj, n1rmi wia fsl S
t rnore Independent at onca.
r. -J Stop in and let us tell you !
'r'g ; ,! our Savings Depart- !
1 Two per cent allowed on ' j
checkiac 4xcmnta. "
I AMERICAN BANK & TRUST '
I CO. OF PORTLAND . s
00 $reBth L,-ZVks Tsmpf
I U. CL 11AIJITOW..! rra. !;
C a U CIEBO?f..ra.t.tr.
1