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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 7, 1910)
a - THE . OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, AUGUST 7, 1910, r MMMJEsF i ! R 0 Review of the Worlci'a Trade of tlie Raot Week ' TVii mlm - W ." aja "r H MICE THING OF PAST FOR FRUIT MEM Dine, ding, dong. goes the elee- , trio. bell.. It's the warning that 4 the ; thermometer , stationed ,,a -r ciuarter of a mile away, sends to. :, 41 4 the fruit grower when there Is danger that frosts will Injure his fruit crop. No longer is chance given the slightest show In the best fruit district of the etate of i Oregon.', I;-;'-- ,' T By lfvman H.Cohim." "'. In " these days of Inventions, when everything Is at the. beck and call of the producer. there is not the slight- ' est reason for a short crop 1n any va riety of fruit With smudge pots that raise the tern, perature to a height where It can do no harm to the groating fruits, the pros pects for bigger and better crops In the future are most bright .: rp In the. Hood River and in The Talles fruit districts the production of fruit has been put upon a basis where in chance Is given little consideration these days.. r ; , . ' . " . iV-' ' Most fruits produced in the tipper Columbia districts invariably command a premium over those grown In other sections, exception beingr few and far between, although the f Rogue River country Is one of these., . . Pown in the Willamette valley they produce cherries that cannot be beaten In-any other section of the world and these cherries are of such else that they command the admiration of people from the east. Manv, are inclined to call them plums instead of cherries, , This year the -Willamette valley produced only a scattering crop of cherries, owing to ad-, verse weather conditions. In former veArs It would have been a condition lhat could not be remedied, but not so at this time. :- : ; :.'. Liberal use of smudge pots and like Inventions, would have saved In Its en tirety the cherry crop of the Willamette valley this' season. ' Sing, Sing, It's Getting Cold. Ping, ding, dong; It's the alarm that fruitgrowers set to tell them It's get ting to a point where weather condi tions might hurt the fruit crop. An automatic alarm is attached to the ther mometer and at a certain degree an arm on the instrument connects 'a, circuit and an electrical alarm gives warning , FRONT STREET QUOTATIONS ! ' Eopr. Wool anfl Sides. HOPS 1909, prime to choice, lie; prime, 11c; medium, 10c; 1810 eon trc Ms lc " ' " ' ' WOOLNomlnal, 1910, Willamette vallev, 1619e; eastern Oregon, 1217c. 6HEEVSKIN8 Sneartng, 10ffl25o each; short wool.. z560c; medium wool, 50cJl each; long wool, 7fic9 . l.?5 each. . TALLOW Prime, per'i lb.. 5c; No. and grt-ase, 2ft tftc. CHIllIM BARK 10 Nominal 6c: 1910. 4Hc ' . . . HIDES Drv hides, 15K014e lb.: green, 6iffi7He; bulls, green, salt So lb ; kips, 6 ft 7 Via; calves, green, 12 13c per lb. . MOHAIR Nominal; mo. 80 S2c Batter, Tgf And ronitvy. BtTTTER Extra creamery . box lots, Z'ddio for 2-lb- squares S4c for cubes; store 22424Ha : BUTTJEK FAT . o. b. Portland, per pouna: sweet -cream, iihic; sour, SOo, POULTRY Mixed chickens 17c; hens, 1717Vic- stags, 15c; broilers, 17c; fryers, llMc: geese, old, 11c, young, U'gHcJ for live ducks, young. 1415c; old, 15o; turkeys, alive, 20 21c;' dressed, .(): pigeons, squabs . $2.60 dozen; dressed chickens, l2c a pound higher than alive. ; EOOS Local No. 1. 27V(ffi8c; No. 2. 25fcc: at mark, 20j?25c; eastern. 25c. , . CHEESE New Oregon fancy full cre&m. 17H'18c: triolets and daisies. 17V4l?c; Youn Americas. 18H190. Grain, flour and Say. WHEAT Nominal, club, -86 87c: blueetem. 9t 95; Willamette valley, 90c BARLET Producers price 1910 Feed. S24; ' rolled,: $2.602.80; brew ing. $25. . ' , C HN Whole, $36; crackel, $87 ton. .. HAYProducers price '910 Timo thy, fancy, $1718; ordinary, $16; east ern Oregon,. $1920; . mixed, $14 18; clover. ; No. i i. $18; wheat. $14; cheat $14: alfalfa. $15.35. MILLSTUFFS-f-Selling price Bran, tU.bO; middlings,;. $30k,horts.6 $22.10. chop, $19 25. . - ., OATS Spot delirery. new. producers' price Track No. I whi $28; gray, FLOUR Old crop, patents, $5.88' Willamette, $5.40 per barrel; local straight $5.20' bakers, $5.205.86; ex port grades. $4.00; graham. H sack. M.80; rje. $5.7Br bales! $3.18. rrtuts anA Vegetables. FRESH FRUITS Oranges Valen clas, $4.004 58 box; bananas, SU,c lb.j lemons, $8.00X8.00 box; grape fruit! $3.80; pineapples. $2.5G4.00 dox.; can taloupes. California and Oregon. $1 60 2. 25; Payette $3.604; peaches, T5a90c plums 076o; cherries, 12 Ho; Lam berts, 14c; watermelons, $1.00: graDea $1.5(fl.75. . vw grapes, .BERRIES, Loganberries. $1.25; blsokcaps, $1.S51.60; 'raspberries $1.75 2 per crate of 24 boxes; blackber ries, $1.401.60. POTATOES New,: $1.1 5 1.25 . ONIONS California, $2.60; garlic. 1 10c per lb. . ft 7 VEGETABL75S New turnips, $1 0 1.25;e beets $1.0001.26; carroU. $100 . '1.!S ' sack; cabbage, . $2.252.75 per cwt; -tomatoes, 2 tier, 75c; ST tier. Is.) 01: beans, 4c per lb: horseradish. 12c: green onlons,'1520c per dozen ; peppers, bell, 1012o per lb.; head MtucAlfi 9 20a per downi bethmise; 75c box; radishes. 10i2H, dozen . bunches; oelery, $to0 doien; e APPLES New. fl.0001.78. ' ; : Groceries. Ttatm SUGAB.-Cube, $8.85; nowdered. $( 25- WU rXRn. n, ."-.r L'"'. (AboVe quotations are 30 days net cash quotations.) - RICE-lrpperial Japan No. 1. 4UC. h 6?' New 0rJeftns ead. Cno; Creole,' 50. . BALT Coarse1 Half rround 100s. ;.6:a. ton: 5.0s,; I9.0J: table dairy. Ms, $18.00: 100s.?I7.00; bales, $2.26 rxtra fine barrels, 2s. 6b and 10s 84 od (R.oo: Ivmp rock. 820.50 per ton." - M?A:5S!'1) h". c; large, whitti, 4i; pink. ?Hc: bayou, $7.85 Limas, $5.80; reds, $7.25. . HONRY w. 13 He per lb. Msats. Tish and Provi.ions. DREbSEO Front street boas, fancr 13c: ordinary, isolate-, ...iJ ligliVic; ordinary, 12c; spring Umbs, . 11 Vjc; yearling lambs. 10c; mutton, 8!. Ajuwjwiin ar, am. ne per b. steam rendered. 6a, l$Hc per lb.; com . pound. 6a, iie per lb. . . , iviii Hams. 20 !2r. breakfast bacon. 2030c; boiled bant. 27n2flc: plfntcs. 18c; cottage roll SMITE WIZiI. TAX YQV 10 for Dressed VeaL 124 for Dressed Pork. -tG4 tor Live Hens. in for f.lve gnring Chlokana. pur os. foriresh Eggs Sn,,!:h never charges commission. You Rit AXXr yonr money wrmn you ship to S-Tiuii. You don t divide with the Mld.maa.' Address all shipments rAKTX t. SMITH MCAT CO, "JFMtrhUng the BaCf Trnot," l8.25Mconf. A, $6.05; extra H SSfiip , golden ff. $6o; D yellow. :5.65: beet' . .; narreis. , net half 1 to inmates of the house that danger Is near. . Hurried dressing is the result and by lighting the smudge pots, the tempera. lure in me orchard is warmea ana roe danger of a short crop is passed. ' . Tlie arrangement 1 so simple that it's a great wonder that the Idea was never before thought of. By setting the alarm signal at a point several degrees below the danger mark.' plenty of time Is al lowed producer and hired . help to get the smudges under way, .? Had it not been for the liberal uso of these smudges in the Columbia river sections this season, peaches and cher ries would have been so high that the ordinarv person could scarcelv look at a'box of fruit, not alone being in a po sition to purchase one. ; ; : . Wier Growers lost Money. . - .Last season nature was allowed -to have its own sweet will by fruit pro ducers and - few of them went out of their way to Improve conditions, "There fore there was a very small crop of peaches to show for their labor and ex pense. .Many growers made the serious mistake of allowing their peach trees to go uhpruned. The result is that th's season there is a far greater, amount of small. sized peaches than ever before. This not only means that consumers must suffer . for the neglect of pro ducers, but the latter receive far less money for their production and are pun ished that way. ; -v ' You can't slight the pruning "any season," said a prominent grower, "without feeling the effects later on. Because of the small crop last season I failed- to prune my peach trees and while I pruned much more this -season, the desired effect was lost and I have more small peaches than large ones. 4 As a usual thing, I have a larger per cent of big sizes. Clean boxes as wen as good pacing are essential that growers obtain 'top values for their fruits. A large ship ping , concern in California annually sends huge supplies of peaches to this market .that gives a lesson to others. The concern packs its peachea so. full that no matter how. the package lays the fruit holds up and there are no hollow places. Not only is this done, but instead of the regulation cleat at the top and bottom of . each package, the company has put instead cleats of a different color, while this is a very small thine, it Is sufficient to attract attention and in most instances not only does this fruit sell first, but it gener ally brings a nlcket or a dime more than other of equal quality but packed with less foresight . ( ) regular short clears, smoked. ISttc: backs, smoked, 18Vfc; pickled tongues, -40c lb. -. .i.,s..M' Ox 8TKR8 flhoatwater bay. per gV Ion, $2.28; per 100 lb. sack. $5; Olympla, per gallon. $2.75 per 100 lb. sack, $7 7.60; canned eastern. 6So can; $5.50 doit; eastern in shell. $1.85 per 100. FISH Nominal - Rock ood, 10o; flounders, 8c; halibut, v 9c: stripad baas, 16c; catfish. 10 lie; fresh Chi nook. 1012o lb.; blueback, 10 (p) 12c lb.; soles, 7c: shrimps, 11c; perch, In; tomcod, ( )j lobsters, 26c; herring., 6c; black bass, 20c lb,; sturgeon," 13c per lb.; silver smelts, 7 - ib.t black cod, 7 He; crabs (out of season); dressed shad, 6c; roe shad, 8c; shad roe, 20c lb. CLAMS Hardshell, per box, 4o lb.; razor clams (out of .season). TURPENTINE In cases, 75c ba. rels. 69o per gallon. , Paints, Ooal OIL Sto. ' LINSEED t OIL Raw, bbls., $1.01 J eases, $1.06; boiled, bbls., $1.03: cases, $1.08; per gallon lots of 250 gallons, lo less; oil cake meil (none In market). BENZINE 86 degrees; cases, 19o per gal.; Iron bbls.. lHo pet gaU, WHITE LEAD Ton lots, T0 pe lb.; 600 lb.. Jots, So per lb.; less lots, te per lb. . KCPE Manila, 8c: sisal, ' 7 Ho. ' - COAL OIL Pearl, astral and star, ISo per gallon; eocene. 21c gallon: elaipe, 28o gallon; headlight. lHo gallon: ex tra star, 21c gallon; water white, bulk, 1 1 H 1 5 H c per -alloa; , special water white 15c gallon. GASOLINE Red .crown and motor, 18 26c gallon; 80 gasoline, SO 37 He gallon; V. M. a P. naphtha, H22Ho gallon. j . . . -t ,- , Staple Stuff Opens Up Stroftg, but Soon. Weakens; Slight ' : Trade in Oats. (railed Press Leaned Wire.) Chicago, Aug. fi. The marketa after a brief gllmpBo at the higher, prices soon after the opening bocame ex tram -ly weak with rrmst of the local brokers taking profits. Long wheat went -back Into the pit In large chunks that had boen taken out the day before. At the close prices wer from Tic to 1HC lower. iTOvisions also were heavy and at the close materially, lower, , The wheat market at the opening was Very strong at from He to Ho higher. Additional strength was caused by the big advance at European and continental market centers. The local receipts of wheat tier 610 cars, against 300 last year sin the total for the week was 34Ss, compared with 1977 cars the slml-' lat wetk last year. ' Demand for United States wheat for export, which the day before appeared to be, merely a question of a little haggling uver smaii tractions or 1 cent for an other day, was found to be a myth. Offers sent to many of the European imports by Chicago houses were found to lMbout 5 cents out of line. The mqgfrd continued to decline here and was at practically the lowest of the day at the close. - Corn at the immediate opening was for sale for somewhat lower prices than yesterday's lose, but when wheat was found to be so bulllshly Inclined at the same time, the traders faoed about and ran the price up to a point about Uc above yesterday's closing figures. When wiiuui iurnea wean a minute or two later, corn turned about once more and kept stop on the counter march. Many in the tit.de wer evidently AiannueA m caution fiom the uncertainties connect- u wjir, me oineiat report issued Mon- ny a.tprnoon. ine aays receipts were 200 cars against 190 last yean. After the ve-y short lived spell of firmness-, soon arter the start, the market for this StUlH lHcame heavy hd a .'material drop i;. prices resulted. ; . . . , vT,?de.ln oaU wa moderate and bull ish feeling in 'sympathy with the open ing strength in other grains was sup pressed by the heaviness of the oats receipts, at the number of cars here ror the day being 360 compared With 248 hfarTag?' The oats .market was JS011 feoelPt considerably ia.re7 than. laat-ieat-Xot-yB ?h.JJtI!,0iL0'?i?tl hew, inofethis week than on the like week last year. Ho lowtr" market was unchanged to nh,.vi,,on.V',nrkt--''1 wait tZ o.m'. ho 8ltuttt"n being as usual m hi i t Thprf 'wc'' im hogs lh. rt.L7a,-,marhetj tna" !eced, but tht, ,f-.p0 nlin 'hat, connection was lul tl i " "I lhe J'S'fls'wer di,n ferom lOe. t He, Total receipts for tfco week HESS11 " IN. CHICAGO PIT LIVESIK1DE : HOLDS FIRM HERE .: DIHElffl Demand Is Good in All Lines . but ". Cows Advance - 10c; t Quality Is Anxiously Awaited , byBuyers. ' 4 j 4 - ' - ' Week la Iiivestock. 4 Hogs Steady tone maintained. 4 4 Cat'tle-i-Cows advance 10c for 4 4V quality: steers firm. ' Calves Excellent demand; top 4 at $7. , , Sheep Values firm' and sta- e) tlonyy. ,,;, k 4 Lambs Continued good orlces 4 and call. . x .. . :,. -- 4 PORTLAND LIVESTOCK RUN. -v , Week. Hogs. Cattle. Calves Sheen Aug. 6.. ..1828 1461 876 3220 JUly 80 ... .786 July 23 .. .2404 1489 1200 736 763 ,216 ' 62 164 . 293 42 '653 ,8167 8406 1411 1878 2346 July 16 ...1492 July 653 July 2 .... 967 Portland Union Stockyards; Aug. Hogs were scarce in the stockyards duW Ing the past week and this accounted for , the ability of the trade to malni tain, the former high mark at $10.28, That; the swine jmtuation throughout the country was not nulla s nnA during recent weeks is attested to by me recent aecunes m Chicago," Omaha and Kansas City. That Portland hog values failed to follow the A rt th eastern markets J not due to any rhsN ltable intent but to the. scarcity of of ferlngs here. Those that wanted hogs In the local market were forced to pay the price: It is1 undoubtedly true that hoar values in the North Portland yards would have dropped during the week had condi tions peen normal ana arrivals In any way resembled the demand. : It was not- the big packers thatpro L n-tmu ma iiuk iimiKBt npro aunnn tna week. It was the small follow who needed only a few head at the time. Big people were bearish bcause they olalmd they could buy hogs for less money at eastern centers and to back up their assertion they have recently brought In additional supplies from Nebraska. When local supplies become scarce - the big fellow Is able,' by reason of his heav'y purchases and capacity to send ast for a dozen cars of a wine, but the small man does not even n eed a car at-an time and therefore cannot send away for stock. Therefore he must depend upon; local offerings. This is exactly what is holding up the price of awlne here. . -.;. -...v, :.', -1 :.- Cow Demand Booms . Frio. . Cows sold to $4.7S In the stockyards during the latter part of the. week, this being an advance of 10c over recent quotations. The rise was due to the late decrease in cow offerings. While there have been Tather . liberal1 sup plies of .steers in the market, cows have not been coming forward nearlv n freely as demand warrants. Therefore when some really good stuff was Shown in the yards buyers readily stretched their former, offers by a dime. t- ; While the , cow market' Was the only one to 1 show, an advance in the cattle yards flurlng' the week there continues very good request for steers and,, con sidering the quality offering, these were unusually high sellers durinr the week just ended. Sales of steers were made up to 85.76, this being the usual differ ential between cows and steers but an additional sum could have been ob tained had quality been offering. The market for calves came in for some attention from buyers and the price of selected animals was sent up to $7 and several sale's were made at thla high point There were few calves offering In the yards during the week ana mis proDaDiy accountea ror the anx iety of buyers to take hold even at the lifted values. Along with the strength dlsnlaved In tIA nth,. lfm 1 itna t rnr Jn.tna h. past six days,, the sheep and lamb mar Lkets were nai to be neglected and In Dotn or tnese lines prices ruled at the high, limits .for , restrictive qualities. There were few ; first class lambs (Of fering in the yards during the week and this in a measure -accounted for the general lack of advanced prices. Rest east of mountain lambs were firmly held at $6 during the week, but lor the average Willamette stock this price was generally cut a quarter. There was a very good run of both sheep and lambs in the yards, during the six days, but despite this all. arrivals were quickly cleared up. Thr4mproved situation in the east was-somewhat of a helt and buyers here seemed to realise that unless they bia high quotations, the movement would be away instead Of in the direc tion of this market. , Past week s run of llvestock-' com- at Chicago was 102,000 head, compared with. 64,000 the similar week last year, Range of Chicago prices furnished by Overbeck ft Cooke Co. t . WHEAT '. , . Open High -Low -Closs Sept. -..i. 103 104 102H' 192HA Dec. 108 H . 107 ..105H-- 106 May. 110H 110 109 -109 CORN. ' 68 3H " 62 ..C-.. 60H 60 59 62 62 61 yrr:' --'iy OATS. 'r:: Sept. 62 A 69 A ,61H 26 38HB 40 2110B 2060 1 1810 A '1147 1137 A 1082 , ;ii8'2 1090 937 - Dec. May Sept. Dec. , . May j Sept Oct ., Jan, . Sept '' Oct. ',. Jan. , Sept', Oct ,, Jan., . 37H -V- 37H 86 38 38. , 38 41H-41H 40 PORK. 213S 2136 2110 iiio 1147 1137 ..1820 - 1820 r LARD. ,.'1167 1167 .i 1142 ,4142 RIBS. ,. 1135 1135 .. 1085 - 1092 940 , 940 1127 1085 936 CROPS OF WHEAT v IN UMATILLA ARE .; HOLDING UP WELL Pendleton, . Aug.; t. With perfect weather conditions prevailing, the har vest of the Umatilla wheat and barlev crop. is going along smoothly, and an other J4two weeks will see the major portion of the yield in the sack. Re ports continue to pour in of exceptional returns' from the fields and 'the farmers as a whole are more than pleased wUh their crops.' The Adams district prob ably leads all others in the size of the average yield. Conservative estimates pine tt at bwtt-4 ohe!-trrthe acre, while many fields are turning 50 and 60 bushel crops. - The Athena section also has Rn unusually large average, while the Pilot Rock country average Is' above the normal. The Blakely farm, near Adams, which Is' managed by. Sam Thompson, has proved to be in the blue ribbon class, yielding 55 bushels to tlte acre. ' which fest was dtiplloated by a FQ acra Held belonging to Mia iaiiioruu. DOUGLAS COUNTY CUCUMBERS ' -- . :-. , -. . . .p . a If ' - . . l ' 1 " . - - I I , HI' h ' - - . I 1 f- t 4 j.v V. '7 it 5 f 't- pares with this same .week in recent years as follows: . Mors cattle sneep 1910 t :i;.....f. ..... 1828 1909 . .-, ...... 1294 1808 .- . ............ 404 1907 ... ............ 621 1906 , . 23 1905 . . . 182 1847 3220 1325 4313 3105 885 758 806 497 2163 1683 2327 A year ago for this same week cat tie and sheep were firm but hogs were slightly weaker with a ' fractional ; de cline In prleer r 4 The tatest Utrestock Sales. '' Following are -representative transac tions. They show demand, quality and supplies offering: , . - STEERS. "' - v . - .Ave. lbs. 1240 Price. " $5.50 - 5.35 5.35 3.85 3.85 4.25 4.40 .500 1 4.75 ; 6.60 V 5.00 6.25 , 4.00 i 5.00 .5.25 4.50 , . 6.00 4.00 5.25 1 4.50 ?: 4.50 6.75 ; 4,00 4.25 .",6.25 . 4.00 $4.59 4.25 ; 8.75 J 4.00 - 3.25 - - 4.73 .U 8.50 4.25 - 4.00 " 4.50 8.25 ", 3.40 . 1 4.00 4.50 r. 5',3.4 4.66 8.00 , 8.25 ' 4.65 4.50 3.75 , 8.25 4.00 4.76 4.00 4.00 f 4.00 v 2.00 ,iv; 4.50 2.60 I: 4.60 4.00 4.90 . ' $6.75 6.75 5.00 6,75 8.40 '"8.25 3.40 , ; 6.60 4.00 8.50 -6.75 7.00 7.00 6.26 6.60 6.00 ; 7.00 4.00 - 6.50 6.00 4.00 $4.00 3.00 4.1(1 8.75 8.35 t 8.60 $10.20 . 10.20 10.20 ' 11 $3.25 6.00 1 steer 10 steers 2 steers 9 steers 2' steers steers 1 9 steers 28 steers 1 steer 20 steers 10 steers 81 steers 6 steers 25 steers ..1174 ..1190 936 870 950 An ...a........'. 9JV ...J.....;;.. 965 v ...............1060 "-' e s 1 127 ; ..............1117 ; ..1129 ? .i...........lJ50 ., 1123 19 steers 25 steers 25 steers 15 steers U102 ..1123 .1133 .1323 ,.1252. 19 steers ......;.. 2 steers 25 steers 1 steer. , 27 steers 27 steers 21 steers 6 steers .1102 1270 .............. 963 .............. 1028 .;1Z38 j ..1160 nnnrs wn TitrTTrtntja " V. y VyVFO Aili 4..w -i "fcsifer -. i.u . il 4020-.-.t 1 cow , ; . . . . 4 4". . 4 840 ) ! J COWS .,,.. .;. .. 950 , 5 OWS ...-.... .!. . . 992 . .. . . . 1 cow- 20 cows 13 cows 15 cows 1 COW 3 cows 1 cow 2 cows 6 cows s ,,I..,1H 930 894 ' .'.. . .1080 57 ;f.r........i..iioo 7BS 1281 r 920 -e cvv. .... 4 cows ....... 82ft !f 10 cows ,1 cow 1 COW.; :-: 1 COW : i rows 1111 ,ii...v-M.;.-.i2oo v; ...... . . t . . .1110 , .............. 950 r , s no ' ; 1 a m -' - sjO I 8 cows ..... 900 1 cow '........ .. . .1030 3 cows , j, ... ...' . 966 26 cows ............... 865- 18 cows ............... 825 ;, 25 cows ' 4 . . . . . . . . i . . . , . ' 826 2$ cOws . : .. .... .4..... 901 , 4 oows .... . ... . 956 1 heifer 4.... . . . 4.4. .1020 1 COW ,: ). ,. 4..4V... J 44 . . . 220 91- COWS ................. "86 11 cows 977 speyed bejfer... ..iv 940 'U - CALVES. 9 calves ........... 240" 81 calves 173 - 5 calves -', , 4. i . . . . .. 358 ? -9 calves ,..,..,...4'... 20 , , I calves ...... . 465 1 calf --110 2 calves 765., 1 calf 430 11 calves ... . 438 11 cows 801) ' .-. 240 170 44 calves 2 calves C calves 4 calves 13 calves 6 calves 8 calves 27 calves ...... 210 ........ ... . . . 320 206 300 ......... 210 v..... ...... 950 .'.i.....' 223 359 430 108 calves 23 calves 20 calves STAGS AND BULLS. 1 stag 1154 1 bull. .,,.,.,,, 1463 1 bull .1590 4 bulla .1818 18 bulls .1050 4 bulls . '4.1478 . v , - HOGS. . 59 bogs . 216 12 hogs ...... ............ 215 8 bogs . . . . , . .. 155 SHEEP' AND XiAMBS. 27 sheep ........4..;... Ill 65 lambs .............. 67 906 wethers ........ ... . . . 92 . J25 lambs , 73 . 4.25 8.00 . 4.00 64 sheep 93 Weighed off cars, therefore price is Z5c more man regular weighing. General range of the livestock values as shown by actual sales: J - CATTLE Best Oregon steers:- 86.00: ordinary steers, - 15.7005.75; common steers, $4.25; cows, best $4.65; fancy, 4.B0T" Tewrf .i!6Tnetrersr'8.T8B.lo; bulls, $3.003.76. HOGS Best east of the mountains. $10.20g10.26; fancy, $10.15; stockers and feeders, $9,00. , 4 BHEEP Best east of the mouhtatns, yearling wethers', $4.25 4.35; old wpth ern, $3.253.60; uprtri? lanihs, Wlllam- vaney, ft.ovin 1 , enrn wasn l..n f Aft . to Tfr 9 en CALVES Best ST. Til; otdlnary. $5.60 ,5.16; pour, $4.00.5.00. ! Si 4 ..:.-.:-::. , A-:-V;'- K mmmmMmmmmM If s V I - ,1, . 'i I . IKi v ' "m.J ; ' 'I - ' - im ' .... . p , ? HI i , J I MMnOTMMSBBSBBB ' ' aaii i inn mil ji . 1 1 1 1 - OUTLOOK IN WALL STREET, BRIGHTER Strengthening "of Clearing House, Banks, Good Cropb 1 Prospects anS Improvement in Drygoods Market. By .Ralph- Emerson (Publisher' Preis Leased Wire.) ' New .York. Au. . Th ontlnnV, 4n Wall street Is distinctly more favorablei There were some developments during the week, including a further strength ening of clearing house banks, a de cidedly better outlook for ; the crops and a perceptible Improvement in the dry goods market. These formed an important foundation for the restora tion of confidence as to the future of the country and- especially, as regards the autumn business. The developments noiea nave aireaay iRKen deep noia on the DUblic mind and business men are now showing more disposition to resume 01a lime activities, . a move that is highly essential In restoring trade con ditions to a normal basis and to the higher plane that1 prevailed at the close of 1909. .. s k,-:. Liberal Arrival of Gold. - : The liberal arrivals of srold from Europe and, the continued Inflow of cur rency from the interior on an enormous scale have added greatly to the cash resources of th banks at the very sea son of the year w hen it is essential that they should be In a strong position to meet demands that are close at hand. Simply because call money rates have fallen to a low basis, the present posi tion of tire New York city banks has not received the proper consideration, nor has Its importance been recognized. This will become patent later on when the autumn strain sets in. Not before in many years has there been such , a thorough speculative liquidation as that which has taken place in the local mar ket for weeks past. If the same drastic liquidation had occurred in cotton, grain and farm mortgages,' the banking condi tion 01 me wnoie country would do stronger than before. . Crop Outlook Good. . Cooloua rains and cooler weather over a wide area of the corn and cotton belts have done an immense amount of good to the crops generally and have led up to . the very optimistic sentiments now prevailing in regard to the forthcoming statement of the government as to the corn crop, .The beneficial results known to have accrued from these rains have caused a general revision of the crop estimates which prevailed before the precipitation. - Some of the estimates place the final harvest of spring and winter wheat, at over 600,000,000 bushels and 'that of corn, 3,0,000,000 bushels; . ; Estimates of cotton now ranee un to 12,000,000 bales, where only a short time ago . the out turn was,. placed . at 11,000,000 to ; 11.250,000 bales. Il is possible . that these, views of the final yield of cereTtls ana cotton may be too sanguine, but the. fact remains that a great improvement : has been wrought in crop conditions and this, at the mo rn on t, in the underlying basis for the improvea ieeiinamong mercnants and manufacturers, both- here r and , in : the west. ' -i . ' . -; .".;.'-. , . .. , Dry Goods Improvement. ; . The Improvement in dry goods Is the brightest feature in mercantile circles. Heretofore business has moved by fits and starts, but this week It has shown a steady and sustained . demand for THAN FU1 . Norway-Mexico; Gulf Line, Ltd. REGULAR MONTHLY STU1AMSHIP SBiRVICE BE7TWE3SN VXTZX9 STATUS OP AMEJUCCA, SOAVSIirATXA, CUBA AZTD XUXZOO r Psgg Steam 1 hip JPaaeeng- erjBteamshiy TEXAS , NORUEGA Touching st rw Fori Vews, T., (also Zforfolk),' Vm'. OrUaas, Z,YCIalvs . ton, Tens) Earana, cubai Ter Oms and Puerto Max loo, o . Por Spates aod Pttrthe Partteulars Apply to UAINQE 52 BUli-LOCK, Ar;cnto, . eOl TlXCX BXaBGe, FCTaVJUOIv CSZCS . - FRENCH DELmW PMY FORCE miEM HIGHER Weekly Crop Report Harvesting of wheat showed excellent 'progress:, during the week. Weather conditions in every , section of the . Pacific northwest has beea Ideal in fact could be no better, The yields are , meeting every expectation, and in some districts have been surprising.. It still develops that the oats and barley .crops are ShOrt i-V-i; By Hyman. H. Cohen. France will need 200,000,000 hushcls of foreign wheat this season. '. - This Is the very startling news that came by cable from ' Prance during the week. It came from an authority believed to know exactly what- the situ ation called for so far as a human can foretell . the future. -,.. .'w . If France really needs" this - much wheat of foreign growth during the present season, it meana much to the producers of the Pacific northwest. Ws have th grade of wheat that the French people want.-. Millers of the republic nave taken to our blueetem as a duck takes to water. .Not only do they want bluestem wnen they are in need , of outside wheat, but they want the best. What we call "shipping bluestem" , la not good enough for the miller of France. His .trade .calls for something better. He- must have our "milling blue stem." .: , 1,,;. .v, r " , ,. . WUllnr to Pay Frtoe. Out of all the importers of wheat In the world,. France is the best buyer It seldom haggles when it comes to wheat buying. The miller there wants the best obtainable and is willing to pay for it. ' . : -( - 4 "...--.; We have a very short crop of wheat In the Pacific northwest this season arid even with the carryover that every one has believed to be so heavy, the amount of wheat available for market both new and old crop,; is scarceta more than the normal output. This taken together with the short crop in the great wheat belts east of the Rockies, gives the United States the promise of a total wheat crop spring and winter of 641.000,000 bushels com pared with 737,000,000 -bushels last sea son, .' . : . " . .. Then to cap th "climax of short crops there is shortage In Tactically every other center of the world. That this 75 PER CENT BUTER MPQMmiFROMMST ' : ByMjrman H. Cohen. ; i More and better dairy cows are im perative ' needs of thestate of Oregon and In fact the entire Paclfio northwest. More dairy cow were owned in this territory five years ago than today. More butter was made in Oregon three years ago than at this time. -4 These are the reports gathered from butter makers and milk dealers all over the state.- ' . , ' - - That the amount of butter " being churned 1 in this territory was smaller than the wants of the demand justified, has been well known to all for several years. However, not even the creamery men themselves, tip to this time, bad the slightest idea-that the total make of the state was steadily decreasing. All were convinced that they were mak ing less butter than a few years a bo and while a greater number of cream eries are - in - operation, th decrease shown by most old ones Is more than sufficient . to make up for the produc tion of the newer institutions. . '. Jitter loaroer sad Klgher. , Once UDon a time it was onlte nnaatble for Pacific northwest butter makers to secure a-sufficient amount of butter during the flush of the season, for stor age purposes. This butter was gener ally of sufficient volume to tide the trade over . together 'with' the fresh make, until supplies had again becomo plentiful. '- Curing thep ast three reasons this has not been the . case an extreme shortage of butter even during the nbt mar "flush" of the season Has been shown and when - th time of former shortage came along perhaps 76 per cent of the butter consumed in the Pacific northwest was brought in from the mid dle west and east. ' Such a condition Is not natural 'and therefore the remedy is most' simple. Just secure more dairy cows. It costs consumption, which has resulted In large shipments of merchandise to the west ' and south, 'A . fact that can be readily verified by the increase in freight offerings to the railroads and the coast wise steamer lines. - wttn : tnis im proved demand for - textile fabric es pecially for cotton goods, there- has been a hardening In the values, due not alone to tne current prices xor cotton, but to the fact that notices of further curtailment have been given by some of the mills. It looks 'very much as if the ary goods trade would, pave the - way for general improvement in business, as the iron and steel industry - shows a large contraction in the output or pig iron, although the demand for finished steel products has. not fallen off. In the samevproportlon-as that for nig iron. After allowing, for draw-backs 'here and there, it can be said that the situation, as a whole, contains much that calls for encouragement as to the future. ....... a-'- e f i m . 1 i 11 iw t. '.v NEW YORK COTTON MARKET (Furnlslfed by Overbeck ft Cooke Co.) New York, Augv 6. Cotton market; , open. Hign. XjOw, ctose, Jan.- .......1342 1842 - 1339 TA.I. ', 1342fa43 1294(3)96 1346(347 1347I&48 1360062 1351063 1681 82 143940 1369060 134806O 1348047 March, V.'r'" 1347 1847 May .......1348 . 1348 June ....... . . .it Julv ' , . . i 1346 1345 Il is'Aug. 1S75 1588 1575 1434 1361 1848 1340 Sept. .1441 144Z Oct.' .,...."1358 ,1360 Nov. .4.. 4. 1348 ,1348 Dec .......1347 1848 , ' New Tork-tondon Silver. kew York, Aug. 6.Bar silver, 62e; Mexican dollars, 44c, - . 1 London,. Aug. 6. Silver, 24- 8-16d. V: 5, Liverpool Wheat Market.'- A Liverpool, Aug. 6. Wheat' cftSsed: Oct., 7s 7d; Dec, 7s 8d. 1 n .1 i-i TTtg1it frttsmaWp "DR'G OLGff hlh. w.heat Pr,ces without ISki".1 Just how n'B". ' none Is . even able to guess. , Present price of wheat here and elsei where is abnormally high but So flighty have been wheat values in recent years, '. producers and milling Interests 'alike have lost sight of what is considered normal Values, Prance Always After Bluestem.' ' The total Imports of wheat into Fiance during the last season amounted to 26,238,000 bushels besides 87,767 sacks of flour.., In 1908 wheat imports were 30,268.000 bushels and flour 140,- 530 sacks, in 1907. they took 41.280.000 bushels of wheat and 173,350 sacks of flour and. In 1906 they were 33,485,000 bushels; wheat and 107,050 aacks flour, : The wheat trade here lias not lost sight of the fact that .all., "of" the big advances in the price of bluestem wheal here during recent years were started by purchases made by French millers. Wltn France an active bidder for our bluestem wheat it wbuld force the mill, ing "trade on this side to get Into line. ' While the east is expected to . be buyer of Paclfio coast wheat this sea- ' son, it is doubtful if much bluestem will go -in that direction. The trade there seems to care for alight flour with out regard to strength. The club wheat frown In most portions of Umatilla and " he Walla Walla country would fill th bill jilcely. . . . , .j, . . ir" Must,, Await Foreign ' Markets. - While I the ouUook for high wheat prices , is better today than it has been at any time since the turn of the year. It does not mean that a higher price would be available than was paid at the start of the present season. Then sev : eral sales were niade to buyers who needed a very small supply and to others who were simply looking ' for cheap advertising and could afford to pay the extra price given growers for that purpose alone. Wheat is really . worth jnore money today than since the season started and while first high ' values may not be reached shortly, the bulk of the rop could be moved at an advance of several eents over what the wheat, was really worth for milling at that time. , The season is hardly born;, farmers are busy with their harvest and there fore it Is but natural that th move' ment of wheat be restricted at this " period. . When the bulk of the wheat Is In the warehouses and the market has sett'ed to a basis where both grower and dealer know exactly what to eTpcet for immediate operations, there will be more liberal, deals. ' Then wheat will i sell it on the basis of what it is worth in the world's market.'" i less to keep and f eedvda'iry cows ,1n Oregon, Washington and Idaho than in any other part of , the country becauso ' of the very mild winters generally and the ability ' of dairymen In many sec tions to secure a large per cent of green ' feed all the year around. , w. ' Eastern Batter Is Xer. ' ' First carload of eastern-, butter for ' the season has entered the local mat- kef and Is now offering. From this , time until February perhaps later the out-' side stuff will be th controlling factor in establishing prices here. , .Already butter-makers are scrambling around for a supply and no matter how high the price is put the demand still ' cllnga. Naturally there is danger in putting the value too high here because of the influx of eastern supplies. . It has been found necessary even at this early, date to import carloads of oleomargarine into the Paclfio north west markets because butter values -have already reached a. height where if-. Is impossible for the average worker to -purchase sufficient . to spread bis dally bread. . -- For ft number of years there was con- ' slderabla fear among dairy- Interests that the spread of the oleomargarine in-. dustry would cause a general weakening , of butter values but this has been found ' an error the price of oleo climba with " the value of butter for the former pro duct depends upon butter fat for its cre ation. ' ' ' !-''. ' ;. Charge of 6O0 to 76c t'plnt more for,, milk during the summer months than was the charge during the winters a few years back is one of the signs of a sure . . falling of the dairy herds to keep face wlth the Increasing ' population of Ore-' gon and the northwest. Not only has there been a wide spread of fresh milk prices but even canned milk, a product: that can be put up during the flush of the season, has already reached its rec ord value here at wholesale and an ad vance in the retail price -the first . Since the industry was started Is now practically assured, r ; -1 ! 1 Condenserles are scarcely able to op- erate during the flush of the season and for months at a time, during the dry period, the plants are entirely closed. The only answer to these conditions,..-, therefore more dairy oows, .. tulithk Makes Good Streets - - - Property v o w rj e r s j ''1 " ', who have paid, for J it know about this.1 -' Ask -Them About , IBiiill Overbeck & Gobke Co, . . Commission Merchants . ' Stocks, Bonds ' Cotton Grain, ts. . - 216-217 tfember Cbtcsso Board et Trade, Correspondents of LAgan Bryaaw Cbloaso. New York, Beet. W have' th only private wire aooneotlns Portland vita the , ,. csiera sxebangea y J Ha