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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 9, 1911)
v' ,i ' "J r THE OREGON DAILY JOURNAL,, PORTLAND, ' WEDNESDAY EVENING,' AUGUST 1 9.1 1911. Sw5mess Overloading of Market With "Early Peaches Is Having Its Effect on Street. . . . 4 Portland Wholesale Market. 4) Dreed meats firm. A ' Rekb are pti.Ay. Hens uliphtlv easier. Fruit market loaded. More potatoes offered. Hors loflt higher. Wheat steady ; barley ht&lier. There ir Indications that a break ..in k honn in local fruit' market prices within the next few days. Offer ings of f-arlv reaches from local oec- 1K (tlons linno r K,i hiflVV U1HI INC Wci, w Invert sverlooked .inhalers ar 'beginning : tc lhade pric 3v'somewht, but the cutting .h.Hi, rri V'snmeuhHt. but the cutting of values Is not yet uniform, and some carryover mav tnererore oe expnuu. More Hales Early peaches have been received along Front street during the pest few davs than for any time during the present "season. The duality Is un usually good and for that reason the movement la better than would have been the case had only ordinary stock been shown. , , Bales of selected Elbertas are being made in a limit. J way as high as $1.25. ' but the general trade is not asking above. $i.io for this same class of fruit. while some very rancy siock i veiling t 90c to 1 a box. While the arrivals of plums are not Iimvv tiie market la getting its full re quirements on account of the high prices asked bv growers ana .sen in & ustmi. Market for cantaloupes Is again In bed shape, for anything except selected f oods, and even some sales of this qual ty are being made down to $1.75 a Berries are arriving generally in a leaky condition, and this is hurting the ale somewhat Local new crop apples are coming forward mua more freely. Quality Is not very good but demand is fair around $1.76 and $2.00 a box. , ' GRAPES IN POOR SHAPE Arrival of a carload of Malaga grapes from the Imperial valley in bad chape Is demoralising the market here. While the fruit is said to cost prac tically $2 here, sales by dealers are being generally made at $1. - 11 JT EGGS 26 AXD 27 CENTS DOZEN Sales of local ranch Vggs, carefully candled, are being made from 26c to 27c a dozen In the Front street trade. Bulk of the business is around 26c, with occasional cleanups a fraction under this. Arrivals of local eggs are quite liberal and as the quality is bet ter tban the eastern stock trade in the latter is decreasing again except for the cheaper trade. POOR CUCUMBER MARKET ::t"'VV' ; r- TheYe is a badly overloaded market for cucumbers in the wholesale district and all sorts v of values are ruling. Offers of 25c a box look very good to receivers and none at this figure are eelng turned down at this time. Re ceipts are very heavy. TOMATOES DOWN FRACTION Most sales of Oregon two tier pack tomatoes are being made at $1 a box for fancy stock today. While as high as $1.25 was obtained generally yester day for the best offerings, the market did not absorb all that came. Ixcal interests still retain heavy sup plies of California, green stock that will tie unloaded within a short time. EASTERN SUGAR DIME UP A ' further " rise of 10c per hundred Founds was forced in the price of re ined sugar in .Jew York today as a result of the continuance of hot weather In Germany, which Is affecting the beet crop. The market here is much firmer. MORE POTATOES OFFERED Offering of local potatoes Is increas ing and the market here is merely hold ing Its own at yesterday's prices, fiizes are much better and for that rea son the best local stock is finding a quicker demand than the California product. FRONT STREET QUOTATIONS Grain, Flour and Bay. WHEAT New crop nominal. Track dellverv, 77c: bluestem. Sic; fortyfold. : 78Jj!79c; Willamette valley. ( ); red Busslan, 75c; Turkey red 77c. OATS New crop, nominal. Produc ers' price Track. No. 1 white, $25(8 ' S: gray 125; old crop, white, $27. BARLEY New crop. Producers' prices 1911 Feed. $2929.50; rolled ' $29.50; brewing. $3019 30.50. MILLSTT'FFS Selling price Bran. . $25.00(5 25. KO; middlings. $31 00; shorts. $2.OOW2fi.50; chon. 1 a 00 (a 25.00. HAY Producers' price 1010 - Vallev tlmothv. fancy. $17. 00& 18.00: ordinary, ". $16.00 17.00: eastern Orecon. $19. tO1? ' il.00: mixed. $1 5.00 16.00: clover, $11.00; wheat, $12.00-913.00; cheat. 1Z.00B13.0(: alfalfa. new, Jll.OOfr 12.00; oats. $12.005' 13.00 FLOUR Old crop, patent. 14.95; : Willamette, $4. SO per barrel: local traight. JS.SSi? 55; bakers. $4.45 'S 4.65; export grades, $3.50. Butter, Eggs and Poultry. BUTTER Extra creamery, cubes and ' tubs, 80c: prints, 81c; ordinary prints, . 2830c: dairy, 18019c. BUTTER FAT, o. b. Portland, per pound. 28c, POULTRY Fancy hens, 1 S 4 ft 16r; ordinary, 15V4c: snrlngs 17. 18c; neese, 30c: Jive young ducks. 15c; old ducks, 12c; turkeys, alive, nominal; liressed. nominal: lgeons. old, $1; young, il'.oufi 2 40. EGOS Local extras. 2fi'a:?7c; ense count, fresh, 23S'24c; spot buvlng price, 83c f. o. b. Portland: eastern. 17S22p CHEESE New- Orcein fancv full' cream, triplets and daisies, 1 5 1 5 1. c lb.; Young American, i i n 14 e. Keats, Pish and Provisions. , . FRESH MEATS Wholesale slaugh terers' prices; Best nffr ";, c ordl ; ftliry Vsc: best cws, &c; i, ,:is, r'c DRESSED MKAT.S Front street Hogs, fancy. 10c per lb.; oidn.ary IOC. per ll; heavy, 78c; veals, extra. 13c; ordinary. 11 HA-12c; poor. Rlir -spring lambs. IWUV; mutton, in, 8c- goats, 4c; beef, 9c. HAMS. BACON, etc. Hams, 12 . 20c; breakfast bacon, IV f.28c- boiled ham, 2729c: picnics, J24c ib regu- 1 1st short clears, it-poked. 13 He- backs moked, 13 Vi a14 '6c; pickled tongues! 65c lb. IARt) Kettle leaf tierces, is0 lb , Titeam rendered, tierce, 11 Uc per lb compound, tierces, 8c per lb FISH Nominal Rock cod! 10c lb flounders, 6c; halibut. 6U7c; Btrlne'd , V??" catflnh. if 12Hc; salmon, 1 10 He lb.; eoles jo pt-r lb.; shrimps, HVtclb: perch, tut He; tomcod, 8c; lob ' ' 25c; herrirfts, 56c; black bass, 30c; sturgeon. i24c per lb; silver melt. c lb.t. black cod, 7Hc; dressed shad, 7c; me shad, 10c; shad roe, 20c Ib OYSTERfi-Shonlwater bav. per gal , Ion. 4 ):. per 100 lb, sack. $5.60; Olym- ? 1a, per gallon. $J.2K; per 1G0 lb. sack, 11.40; v canned eastern, 6&0 can, $6.50 4o.J taatern in shell,- $1.76 J per 100. ,.t' ' JTrnlts and Vsgatablesi ' . -. APPLES New crop. $1.75 2.75. ' POTATOES -Belling, prices Selected . California, $1.65; ordinaxy, $1.S0: Ore. a-on,, selected, $1.60(ft160: orfllnary, fl 40; buying price', $l,00M.8S;,sweets, i NtO?Tellow,F lUotfl.tfir : garJlc, , FHf RH rRUIT8-Orange New na- METZ6ER REFUSES A 40 CENT OFFER Hop Market May Be Lifted to New High Mark; Julius Wolf Is Confident. MENDOCIKO HOPS 334 CEWTS. The highest price of the saason wm paid today ror nop in California, whan one lot was taken by Prootor at Kendo, olno at 324c a pound. It U stated that 3So waa being- offered for eome obolce lote. Jullus Wolf offered to purchase the 1!11 hops grown bv J. J. Metzler. an other dealer, at 40c a pound during the paiit 24 hours. The offer was refused That It was a bona fide offer goes with out saying, but it waa startling to the trade. Had it not been that Mr. Wolf was the man who first put the hop market higher for the present croo. the offer would not have been taken seriously. He first put the market to He. and the trade arenerally was of the opinion that he was sr candidate for the asylum at Salem, and when he final v hid the mar ket to 26c, or fully Be above any pre vious quotation, there were many who were sure that his senses had deserted. mm. Mowever. as the general market has always followed his lead, it Is now presumed that the chances of a 40c mar ket are much brighter than ever before. Not only did Mr. Metzler refuse to contract his hops at 40c a pound, but. He absolutely refused to bet with Mr. Wolf that the price would not reach that figure before harvest Offers of better than 30c a pound are being heard on all sides, but growers, as a general rule, are not inclined to listen to anything in the contracting line. vels, $3.50 per box; bananas, Be lb.; lemons. 17.nngfs.ou; limes, 19 a case: grape fruit, $3.25; pineapple. 6e lb.; raspoerries. i.io; oiacKDernes, ii.ftO 1.75: bKckcaps, $2.25: loranberrles, $1.50; cherries, Royal Ann, 6 7c; Lam berts. 12HW'16c: blacks. 4 6 5c: water melons, 75eff$1.00; peaches, 60c$1.10; pears, $2,0012.50; grapes, $1.00g1.50. VEGETABLES New turnips. 76e sack; beets. $1.60; carrots. $1.25 1.50 sack: cabbage. $2.50 cental; toma toes. $l.001.26 crate: beans. 67c lb.; corn, 25c dozen: green onions, lBc doe.; peppers, bell. 10c lb.: head lettuce, 20(f 26c doz.: hothouse. $1.65(91.76 box: rsd lshes, 16c dox. bunches: celery, '90c $1.00 doz.; egg plant, 40e lb.; cucum bers, 25c box; peas, 56c; cauli flower; local. ( ) dor.; rhubarb, 2t4 3c lb.; string beans, 6c. Sops. Wool and Hides. . HOPS Contracts. 1911 crop, 82c; 1910 crop, 27c: 1909 growth, 20c. TALLOW Prime, per lb.. 6c: No. S. and grease, 224c. wool Nominal, isil. Willamette valley, 14 17 He; eastern Oregon, 9 lec. CHITTIM BARK 1911. nominal, 6 6c; 1910. 6H6c. HIDES Dry hides, lHm4c lb,; green, 7SHe; bulls, green, salt, 6Hc lb.; kips. 910c; calves, green. 15 16c per lb. MOHAIR 191L selected, $537c Groceries. SUGAR Cube. $7.16; powdered. $6.25: fruit or berry, $6,25; dry granulated. $6.26: D Yellow. $5.65; beet. $6.05: Hon olulu plantation can granulated. 6c less. (Above quotations are 30 days net cash.) RICE Japan No. 1, 4tt6c; No. 2. 4c; New Orleans head, 6V46H; Creole, 4 He. ' SALT Coarse, half ground 100s, $8.60 per ton: 60s. $9.00; table dairy, 60s, $13; 100s, $17f balsa, $2.20; extra fine bar rels, 2s,- 5s and 10s, $45; lump rock, $20.50 per ton. honey-New, is.76 per case. BEANS Small white. $4.00: large $6.00; white. $4.00: pink, $6.75; bayou. Limas. J7.Z&; reds, 16.35: Paints, Coal OIL Etc, LINSEED OIL Raw, bbls.. 91c ral.: kettle, raw. bbls., 93c; raw, In cases. 96c: boiled. In cases, 98c gal.: lots of 250 gallons, le less; oil cake meal (none m marKei). WHITE LEAD Ton lots, 8c per lb.; 500 lb. lots. 8c per lb.; less lots. 8 He per lb. KEWZIMS-g degrees, cases, 24Ho gallon: iron bbls.. 21 He per gallon. COAL OIL Cases: Pearl, 16c; star. 19c per gallon; water white, bulk, 8 12H'c Per gallon; special water white, 12 fT 16c. ROPE Manila. 8c; sisal. 7 He. GASOLINE Red crown and motor, 15ifr22c gallon: 86 gasoline, 280 35 c gallon; V. M. & P. naphtha, 1820Hc gallon. TURPENTINE: In cases, 73c; wood barrels, 70 He; iron barrels, 66c per gal lon; 10 case lots. 72c. WHEAT FRACTIONALLY IXNY'ER Chicago, Aug. 9. Fractional losses were shown In the wneat market today, closing being He to 4c lower than yes terday after an opening He to He higher. Today's wheat trade suffered from the lack of support during the latter part of the session, allowing shorts to cover at their pleasure on their breaks. Foreign markets were firm and high er. The big increase in the world's visible supply as reported by Brad streets was one of the principal bear factors, while it has been generally conceded that rust reports In Manitoba have been overestimated. Bradstreet's reports show: "Wheat East of the Rockies, increase 6.528,000 bushels; Canada decreased 802,000 bushels; Europe and afloat de creased 160,000 bushels: total world's supply Increased 4.326.000 bushels. Corn Decreased 1.623,000 bushels. Oats Decreased 1,621,000 bushels. Range of Chicago prices furnished by Overbeck & Cooke Co. WHEAT. Open. High. . 92 93 . ?7'i 97H .102 103 CORN. . 66 65H . 624 63 . 65 Hf, H Low. Close. Sept. Dec. May Sept. Pec. May Pcpt. Dec. Mav Sept. Jan. Sept. Oct. Jan. Sept. Oct. Jan. 91 Alt 96 V4 101 64 62 64 H 961 102 V4 B 65 62 644 41 B 44, 47H 1775 1665 902 906 876 937 927 840 OATS. 42 42 H 44 4 474 41 44 , 474 441- 46 PORK. 1800 1800 1676 1675 LARD. 912 912 917 - 917 880 883 RIBS. 947 952 935 935 847 847 1756 1662 895 900 867 . 930 920 835 Liverpool. Aug. 9. 1 Wheat closed lHd higher. Budapest, Aug. 9. Wheat closed He higher. NORTHWEST BANK STATEMENT Portland Clearings today .... Year ago Banks. $1560,676.04 1.496,565.01 Gain today Balances Year ago 65.011.03 169,699.82 202,772.63 Taeoma Banks. Clearings Balances 696,193.00 22,927.00 New York Cotton Market.1 open, High. Low. Close. Jan. . . March May . . July Aug. .. Sept, v, Oct. .. Nov. , Dec, k. .1104 lliH 1102 11ST 1110 1140, 1120 112rni21 11272$ ..1112 ..1125 . . 11 SI .1312 . 1115 ..1107 118536 1143046 rtl21(S'22 1225;, 1205 05 1221 3i 8? 1140 1134 1113 113839 110 1181 634 113831 1181624 .1109 11$4 110S soSBeair SnSBng Top Steers at $5.75; Lambs Are-Down Again; Hog Mar ket Is Very Firm.- 4444444 In th Stockyards. North Portland Hogs firmer; cattle easier; sheep easier.. South Omaha Hogs weaker; cattle steady to" stronger; sheep slow. Chicago Hogs 6c higher; cat tle strong to 10c higher; sheep weak. PORTLAND LIVESTOCK RUN. Hogs. Cattle. Calvea. Sheep. .86 412 ... 1026 . 35 444 ' 42 1331 .106 457 63 2963 . . . None r Wed. Tues. Mon. Sat. . Frl. . Thurs Week .683 362 .120 '274 . 60 27 2595 ago Portland continues to receive heavy shipments of cattle in the stockyards and for that reason the tone may be considered aomewhat easier. Top steers are now quoted at $5.75 and latest Bales of quality have been made on this basis.- The run for the day at North Portland was 412" head compared with 444 yesterday and 27 head last Wed nesday. The stock train due from the interior did not arrive this morning and there fore additional heavy arrivals are ex pected late this afternoon. They will probably be too late for today's trad ing. At South Omaha there was a strong to steady tone in the cattle trade with toDS selling at $7.25 In the steer di vision while best cows and heifers were quoted at $5.50. At Chicago tne came iraae was stron to 10c higher than yesterday. Ra celpts in the yards there for the day were 16,000 heart but aemana was gooa. North Portland range Best steers Choice steers .$5.755.90 . 5.605.75 . 4.506.O0 . 4.00(5 4.25 6.00 4.60 . S.004.p0 , 3.00iaiS.25 , 3.755 4.00 , 3.50 3.60 nnfflii 7 K Ordinary steers Common steers Fancy heifers Fancy cows Ordinary cows Common cows Fancy bulls Good ordinary bulls ... Common bulls Fancy light calves Ordinary calves '. 7007!25 ! , 5.50f 6.00 . 4.005.00 Common calves ....... Sheep Market Is Poor. Market for lambs is exceedingly weak at North Portland and with the continuance of a heavy run, buyers are getting rather Independent and are holding out for lower figures. While it may still be possible to secure $5.25 for select Mount Angel lambs, nothing over $6 or possibly $5.10 is available for what is oroinaruy considered top stuff from east of the mountains. The sale yesterday of a big block of fancy Willamette valley lambs at S4.75 put the market at a new low mark for the season, but the sale at the low price was the best that could be squeezed. Therefore the outlook for east of the mountain stuff is little better than this. There was a total offerinr of 1026 head of sheep and lambs in the North Portland yards today, compared with 1331 yesterday, and none on this day a week ago. At -South Omaha there was a slow tone in the sheep and lamb trade, with yearlings $404.5), wethers $33.40, lambs $6.50 S 6.75, and ewes $2.753.35. At Chicago the cheep trade was strong at the start, but the close was weak. Run for the day there was 20.000 head. North Portland sheep and lamb ranges: 1 Select lambs .... Ordinary lambs . . ISto. Best wethers S.60fi3.75 Common lambs 4.004.25 Ordinary wethers 3.003.25 Best ewes 3.00 Ordinary ewes 2.0033.00 Small Showing of Hogs. Hog market was firm in the local yards today with total offerings, but 86 head. These were brought in by boat. While a big run of hogs It, expected from the Missouri river section on the stock trade, arrivals wi." be principally for killers who have contracted prior to shipment. There was a change of sentiment In the hog trade at South Omaha today and the market was showing some weakness with tops at $7.60. This means $8.70 to land at Pacific north west packing .plants iMJL La1'- local market has still much room for an advance. At Chicago the swine trade was firm er and prices were generally advance! 6c. Mixed stuff sola as high as $7. 7a while light offerings went up to $7.70. North Portland swine market: Select light hogs $ S.1S Medium light hogs 8.00 Stock hogs 6.007.00 Heavy bogs 6.756.00 AzaOnfr the Shippers. Cattle Carl Jensen, Pilot Rock, Or., 2 loads; Ben Calvin, Pilot Rock, 2 loads; Allen Porter, Pilot Rock, 2 loads; .Mer lin Gilbert, Pilot Rock, 2 loads; Ira Allen, Pilot Rock, 2 loads; Ernest Bnrtz, Pilot Rock, 2 loads; Jeff Murphy, Pilot Rock, i loads; F. V. Burke, Arco, Idaho, 2 loads. - 8he?p and Lambs A. E. Harden, Lyle, Wash, 4 loads. ' Hogs S. Schmidt, by boat. $6 head. Today's run of livestock compares with this day in recent years as fol lows: Hogs. Cattle. Sheep. 1911 86 412 1026 1910 88 1909 17 1908 13 1907 36 1906 78 1905 229 218 277 160 822 273 1220 1140 810 36 88 99 528 A year ago a record sale for cows was made In the North Portland yards at $5 while other lines were steady at Unchanged prices. Wednesday's Livestock Sales. STEERS. Average Lbs. Price. $6.75 6.75 5.60 6.00 4.25 $4.75 4.60 4.40 4 25 4.25 4.00 8.60 3.50 $7.86 6.00 4.50 $8.00 2.80 1,60 $5.15 48 3 202 2 2 1Z0O , ,1106 , .1144 . . 990 , . 980 COWS. 63 102 27 2 28 8 1 12 , 951 970 941 1160 , 1056 819 t .' 1160 1070 , CALVES. , 22 calves 193 8 calves 340 1 calf 610 BULLS. 1 bull 1160 2 bulls 1546 1 bull '...1410 SHEEP AND LAMBS. 617 lambs 76 OMAHA CATTLE HIGHER $.5005.25 ; J; - c. . natnnlColO. SOUth.. C. South Omaha, Neb., Aug. 9. Cattle, 6000; market steady to stronger; steers $6.707.25; cows and heifers, $4.00 5.50. - t- Hogs, 8200. market opened strong, closed lower; sales, $"7. 16 7.60. k Sheep, 11,700. Market slow; 'year ings $4.00 (?D 4.60; wtsthers. , $3.0003.40; lambs,( $6.60 $,76; ewes, $2.7B3.8$. , CHICAGO HOGS HIGHER . Chicago: Aug.' . Run: Hogs, $2,000; cattle, 10, 000:. sheep, 20,000. ; .f Hogs are 60 higher; left over, $000; receipts1! a. year ago, 18,000, Mixed,$7,10 7.751 havy, $7.O6T.0! fought $,757J light. $T.107 70. . . Cattle Strong t6 -100 Higher. ' ; Sheep-Opned strong, f.losed weak.'' f ' ' Catch on Bar Is Cut to Quick; Unfavorable. Reports; Are Coming From North. The run of salmon on the Columbia river has been greatly reduced during the pnst 24 hours. Special reports re ceived by The Journal from' the lower river state that the catch on the bar has been almost completely stopped. Some fair sized hauls are still re ported Jn the river above Astoria but as it takes several days for the fish to reach there from the far, the expeo tations are for a general decrease with' in a few days. The run of salmon In southeastern Alaska Is much smaller than expected. The decrease is said to be much more startling than anyone had expected a short time ago. It Is stated that up to a few days ago, George T. Myers & co. as well as the Barron company were fully 10.000 cases short of the same nerlort a vear a-o. -raciicaiiT ine oniy operator in southwestern Alaska to show an increase was cnaries suranara wng is only operating a small cannery. His increase is not known. Special advices coming from the Ftaser river state that the catch of salmon there is exceedingly small; in fact the run to date has been so small recently that few of the canneries are operating more than a small portion of the time. The run of sockeyes on Paget Sound is the smallest for many a year. Notwithstanding the fact that fisher men are "combing" the sound for fish It is not expected that the catch there this season win ne more man iou.uuu cases altogether although several times this amount ..is expected. During big years the run reaches around 1,000,000 cases, , "The run of salmon on Puget Sound is very small at this time," says Rob ert S. Farrell. who has Just returned from there. "Operators are expecting; a better run of pinks and humpbacks later but the prospects may turn out as badly as the sockeye season," SERIOUS DIP TODAY IN ALL SECURITIES a , New York, Aug. 9. The dip In the security market was sensational enough to suit the whims of any bear and the market closed around the low point for the day. Trading was on a fair scale, but the volume of early business was not as great as yesterday. Tnton Pacific showed the heaviest loss of the day with a sheer drop of SH points rrom yesterday, southern Pacific lost 2H and United 8tates Steel common 1 H points. Other leaders showed the following declines: Amal gamated Copper American Smelters' H. Atchison 14. 3t. Paul 1, Great Northern 14. Katy , Missouri'- Pa cific 1H, National Lead I, New York Central H. Northern Pacific 1, Penn sylvania . Reading 2H. Rock Isl and . - OeicrlpHon 1 Open' Hlchl Low I Bis Amal. Cop. Co.. . Amer. C. & F., e. Amer. Can, c. . . do pfd. Amer. C. O., c. . Amer. L., c Amer. S., c Amer. Smelt, c. . do nfd Ana. Mln. Co. . . Atchison, o If 2 63 63 84 63 85 64 85 54 H 73H 74 72 37H 108 10354 IS 77 24054 27 'io 122H 141 77 30H '75" iBiii iSH 169 37 108 77 240 27 20 123 141H 77 30 Vi '75" iii 13H 81 169 106 108 Beet BugaY Brook. R. T. Can. Pac, c. . . Cen. Leather, c. . do pfd C. G. W., e C, M. St. P C. & N. c Ches. A Ohio . . . . 50 76 237 25 98 H 20 75 76 80 I -m-m n w uu piu do 1st pfd.... Cons. Gas Corn Prod., c... do pfd . , Del. & Hud D. & R. G., c do pfd Erie, c do 2d pfd do 1st pfd. . . . Gen. Electric. . . . G. North., pfd. . . Ice Securities... Illinois Central.. Int. Harvester. . Int. Met., c do pfd ,. Lehigh Valley... tr CI ii . . . l. J3 79 166 26 ll 42 B1H IBS 125 20 138 117 16 44H x2, 144 134 S3 66 42 61 17 106 40 102 71 122 80 121 104 33 148 91H 90 28 92 28 68 43 65 '4 68 115 St ft 40 3294 32 $1 64 164y4 128 20 iir' 16H 46 169H 145" 136 83 68 154 128 20 iiin 16H 46 170H 144 135 34 61 164 -126M 19, iir' 16H 44 167 144 H 1354 S3H ! Louis, ft Nash! M. St. P. & S. S. M. K. T., c do pfd Miss. Pac 45H 62 174 106 40 10$ 72 1234 30H 122 105 1' 38 151 45H 62 17 106 40 104 72U .124 H 30H 122H 105 33 H 161 42 61 17 105 40 National Lead ' Nev. Cons I New York Cen. . I N. Y.. Ont. & W. I Nor. & West.. . 103 North American North. Pac, c . Pac. Mall Ss. Co. Penn. Ry P. G., L. ft C. Co. Pressed St'l Car Reading c do 2d pfd . . . do 1st pfd. . . . Ren. I. ft st'l. c do pfd Rock Island, c. . do pfd 72' 122 29 122H 104 33 148 I 28 ' "I ' 28 ' 'I ..... I ! 29 29 '45 iis" lis' ' $6 86 70 70 27 27 Hi" iai J 93 98 T4H '76 117 117 46 46 654 56 16 16 -76" '7" 66 66 66 67 28 2! 43 St. L. & S. F. 2pf. ao lpra. . sr. ju. & a. w., c. do pfd Southern Pac, c. Southern R'y, c, do pfd Texas & Pacific. T. St. L. ft S.W.,c ao pra Union Pacific, c. do pfd U. 8. Rubber, c. . do pfd U. 8. Steel Co., c. 178 92 z 87. 112 73 ao pra 116U Utah Copper . . . 44 65 U 14' 81 76 H !f3 Va. Chemical . . . Wabash, c do pfd, ...... W. 1J. Tel Westinghouse E. Wise. Cent., c. . Total sares ror day, 1 Call money, 22 699,000 shares. per cent. Liverpool Wheat. Market. Liverpool, Aug. 9. Wheat: , t Open Close. October ,7s 1 d 7s ld December 7s,2d 7s 2d LUMBERWIEIVIS NATIONAL. BANK 0 o Capital $ . , A Progressive Commercial Bank With Savings De- t , ,!, ,,s:-, partrhent Under Government C0n:t&iXS 4 Per Ccnl Interest on Savings . ;"';":.?.- . -::V: COR! FIFTH ' AND STARK " STREETS v J- - rV ' - -' - - ' f1 v.' "v. ' .. 'r1 ...' ; BARLEY SjlBJO Purchases in Northwest Today About 5,000,000 Bushels; A Market Up. - '. My John XbxUs. -; .: Belmont, Manitoba, Aug. Black rust la Just as prevalent here as In the Dakotas. ; The gen eral condition cf the crop, apart from rust, is . unsatisfactory Fields are spotted. Straw Is weak and beads are not filled well. . .... j 1 . oovzxincswT omojp bsfobt. Washington, Aof. . The government report shows the condition of the win ter whsat orop Ang-ust I at M per osnt, with an Indicated ylsld of 458,14,OO0 bashels, compared with 464,044,000 ao tuaUy harvested in 1910., -The winter wheat yield Is 14.5 bushels per aors. Spring wheat condition. 69. par cent! corn, 68.41 per cant, and oats, 68.8 per cant.' Barley condition Ang-nst 1, ltii, was 66.8 per cent, compared with 70 . per cent on the sans date in 1910 and a 10 years' averafe of 88.1 par eeai. Careful estimates made by The Jour nal from the reports of buyers and sellers show that at least 5,000,000 bushels of barley have already been Durchased in the Pacific northwest this season for eastern shipment. The barley market is now snowing; its greatest excitement. While there is confirmation regarding the purchase of brewing in the interior at $27 a ton, unconfirmed reports state that as high as $28 has been paid there during the past 24 hours. Even the lower figure means the basis of $30.60 track delivery tidewater. . Not only Is brewing barley showing wild bidding in the Interior, but it Is stated that a considerable amount of feed is being purchased there at almost the same figures. Bids by eastern in terests are increasing and there is but little hope of the coast getting much of the Pacific northwest's barley crop this season. Wheat Is beginning to move at Wil lamette vallev Dolnts. The croo Is not as heavy as earlier reports would Indi cate. At country points Duyers are pay ing around 70c net to farmers. This means sacks furnished free. Rome small business is renorted In Willamette valley oats around $24 25 track delivery Portland, but as a general rule the oats market has not yet opened. Sales of wheat in -tne interior are slow. Growers are not offering freely. As a general rule the basis of 77c for club and 91c for bluestem continues to be offered in the Interior. According to leading millers business in exiort flour is being refused on ac count of the low price of the ground product and the inability of millers to get wheat at the present price. Some of the larger mills have already sold for September delivery to their capacity. BARLEY CROP MOVING (Special to The Journal.) Weston. Or.. Aug. 9. The high price of barley has caused an early move ment of this cereal tn this market. Contracts have been entered into- by 20,000 sacks, at prices ranging rrom $22 to $26 per" ton. within the past few days. . . Yamhill Crop Condition. (Special to The Journal.) Yamhill, Or., Aug. 7. In the vicinity of Yamhill thje following crop condi tions prevail: Very conservative esti mates place the prune crop at 90 per cent of a maximum yield. I The late frosts do not seem to have Injured the fruit to any extent. The hay crop is considered extra good, both as to quality and yield. Veatch, clover, grain, hay and timothy have all given extra good yields. The berry crop does not compare with some of che previous years. The strawberry yield was short, the logan berries below the average and other berries were hurt by frosts and ad verso weather conditions. Spring wheat, owing to the few hot days of July, was much retarded In developing. Careful estimates place the yield at 20 bushels per acre, while the fall sown wheat will give 25 per cent heavier returns. The) hop crop, the most extensively grown product here, 1s not looking as well as In former years. The cool weather of spring, and the prevalence of hop lice together have retarded the usual development 01 tne vines. PRICE OF PRODUCE AT SAN FRANCISCO San Francisco, Aug. 9. Wheat Aus tralian. $1.66 1.62 H; Sonora, $1.87 43 1.65; California, club, $1.4001.47; northern wheat, bluestem, $1.66 1.70; ciud, i.40ou.tu; Turney rea, i.tz(g wm; uussian rea, ii.4ittvi.4itt. Barley Feed, good to choice. $1.82 1S6; fancy. $1.87: poor to fair, ii.z7ttwi.3v; snipping ana Drewing, tl.3761.42: chevalier. $1.40(91.46. Eggs California fresh, including cases, extras, S3 He; firsts; 24c; seconds, 19c; eastern seconds, lBc. Butter California fresh, extras. 26c: prime firsts, 24 c; firsts. 2$o; sec onds, 22c. Cheese New California flats, fancy, 14o; firsts, 13c;, seconds, 11a; Califor nia Young America, fancy, 16c; do firsts,, 14c; Oregon fancy, 14c. Storage Oregon fancy, 14 c; Hew lorn aai ales. 18c: do singles. 16c. Potatoes In boxes: River whites. $1.2&al.5; sweets, 6ft Onions -Per sack: New red. TEOSOo: kilversklns, 80c1.00. oranges er dox: vaiencias, zanoy, $$.604.00; do choice. $3.25g)3.B0, .. 500 CARS APPLES HOOD RIVER CROP Hood River, Or., Aug. 9. H. F. Da vidson, nresldent of the Davidson Fruit company, has Just returned to the city rrom a euuu mire trip over mo uniuv States, visiting all of the largo fruit sections therein. He renorted a large crop of Grenings and Baldwins In the wester section of New York and a largo crop of Ben, Davis apples along the Missouri vaiiey. rir crops were fofrid in other eastern and middjs west fruit growing districts. Ho predict; J rood prices, for apples this . year 1 ana nrnn&rinr to handle a large croo. He visited in many of the largo cities of tne east ana esiaousnea new mameis fni. ih. T4nA,4 T lvr nrnduet. . . - In .talking- with' the. fruit dealers of the country, ne rouna tnai iney were preparing 10 gel xneir npio iivm uju by markets. However, he succeeded in nWlncmmi of the Oregon fruit with Fhem, and stated that some of these had never seen a Hood River - Spltscn- berr 01 Yellow Newtown.---' . Contrary to the reported business de pression of the east, Mf. Davidson found plenty of money In circulation for bu fness purposes and that products! were bringing good prices In, all Markets. Mr. Davidson has Just finished a trip over the Hood River section and re ports that ho believes there . will ;be approximately 600 cars of apples this year, which is some In excess of last year, and that, the fruit wilt ripen for snipmeni aooui two ; taut , vp, . The first car of -apples shipped by the Davidson Fruit company went out on the 18th' day Of August The company now has several orders for carload lots for Alaska shipments, but is unable to secure the ; fruit at present. . . ? - ;'. , , SEATTLE PRODUCE v PRICES FOR TODAY Duiii. tv..)i inr 0 nutter- Washington creamery. Jlfl!$2c; eastern rresn, 26zc; eastern svuragv, . w 27c. .,..,.-. Ears Local ranch. 3208$c; eastern fresh. 256'26c; eastern storage. 26c Cheese Tillamook twins. 16H01e; fil 1. Vh.aa A marliMS 17a' Vlsl I 14 IRinUUA A VUI'P niuoi ive. in consln twins. UHi16c; Washington Young Americas, 15c: cream. 17c. - Onions xeiiow, 11. i per c; reus, $1.76; Walla Walla, $1,40. . potatoes 1 a ic. STEERS FOR SEATTLE ' Josenh. Or.. Aug. .A special train of 18 cars of 8-year-old steers left here this week for the Seattle market. They cam from the Snake river range and 1 t . ' were in vory xniv twimiuuu. , F (United Pre! Leased Wlt New York. Aug. . Beeaus -the title of the stock they were selling Bounded very much like the name of one of the companies promoted by "J. Rufus Wal- llngford," the get-rlch-qulcK artist of fiction, government agents Investigated and arrested George H. Cove and George H. Burllngame. The two men were arraigned today before United States commissioner Shields on a charge of having used tne malls to defraud as a result of selling the stock of the Sun Electrical Gen erating company. The corporation was formed In Texas, and according; to the promters, was incorporated to, market a device by which the sun's rays were converted Into electrio energ-y. According to government agents the electricity generated came from ordi nary sources and not- from the sun. The promoters, say the federal offi cials, cleared up nearly a million dol lars In selling the securities. They were attracted to the case because the title of the company was similar to the Sun Engine company, which was the title of ono of the companies "Wal lingford" promoted. Burllngame Is said to hare marketed stock in a number of companies with high sounding titles. Fire Destroys Five Buildings. ( United Press Ltsd Wire.) Denver, Aug. 9. A fire in Starkvllle destroyed five buildings, cauaing 'a loss of $10,000. For a time the town was threatened. Incendiarism Is suspected. WALLINGFORD ME EXPOSES RAUD Ladd & Tilton Bank ESTABLISHED 1859 ' Capital - - $1,000,000.00 Surplus and Undivided Profits $800,000.00- Letter of credit, drafts and travelers checks issued available oa all parts of the world, CORNER WASHINGTON AND THIRD STREETS FIRST NATIONAL BAM CAPITAL $1,500,000 SURPLUS . $750,000 Oldest National Rocky Bonds . Investments; v Timber Lands ' ' : Neuhausen & Co. 701.2-3-4-5 LEWIS BUILDINQ, POsTTLAND. OREGON , WOyif Sm r ' ' f - T ". ' ' 1 " .' ' Road .Willing to Stand Share f, v; of-Expense as Farias . Alameda Street. 'f President B.' H, ' JFossOlyn stated ' this morning that ,so far as paylnff and ; double tracking Bandy road is concerned, i i.hi Power ronnoo hhoj,. Co. is willing to stand its share fr as. Alameda street although "If tho franchisee nin " ti, tisfactoHly." boW r. Josselyn the company will abide by the fh. . Peopl. ocentno . th. road in the , matter 01 pms Kotkod -In Othot Cities. v . : ik.t 4h nronertv owne wm" askWforra neutrar strip tor : fnl r tracks in the middle of the road fiiSS Shaving thO whole street hard a"ThClsd method bf paving i followed XSS, ? In thanit , ST'-BS'S.UvV'by W traffic getting K1 of.thJ?r': block the oper- . "witn.no w. .', teady of speoarmuch bitter tlm. can . boUmde ?han by 'UnX 1S a most important Item to tno anito.f , ..v. nothing in tracks cost s much ss to pave 1 space between the,, tracks, but it will bo able to give quicker service. 09 r'.. i hta, nian of 1m- "I believe w. r u wl,l be ,a .11 nived street. Of course si " . ,a v.a fcurd suriacea. - intersecuon. , w-. -wop,rtTV ;.Jrve,yreao.ted the comp.nyto X " . c.nv rma 10 irmu lower tne men w b"j tnlt will be established soon, when the KSfdin. of sidewalks along th the company is not standing In the way ,PultsWaTong tbrmost feasible lines. SECRETARY FISHER TO PAY PORTLAND VISIT On hl3 way home from Alaska, Secre tary of Interior Fisher ?111 probably make a short stopover 2" Fisher Is expected here during the early P'irn antfe. 882? of the vMt, the cham ber of commerce has appointed a com mittee to arrange for his reception and entertainment during his committee is composed of H. Mj. president; J. K. Teal, and F. W. Mul key f This committee will also confer with Mr. Fisher regarding Irrigation projects In Oregon. Speeder Rung Down Pedestrian. Edward Webster, while driving a motorcycle at a high rate of speed up Washington street, ran down a Pe trlan at Sixth street Patrolman Black man arrested Webster for reckless drlv . hi. victim waa taken away In n automobile before his name could be learned. Webster will appear oeiore the Juvenile court. Bank West of the Mountains , - " " r Overbeck & Cooke Co. Commission Merchants ' Stocks, Bonds Cotton, Grain, Etc 216-217 Board of . Trade Building . K Bfembers Chicago Board of Trade. Correspondents of Logan Bryan. Chicago. Now Tork, Boston. -,!! -.:' ,'-, :: Wo- have tho Only - private wire sonnsotlng Portland with the - eastern oschangea,, , , Journal ; Want Ada 1 1 J i f 1 "ji Bring: Reoulta