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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Sept. 5, 1911)
THE OREGON DAILY JOURNAL'. PORTLAND, TUESDAY EVENING, SEPTEMBER 5,. 191L . IS LATE POTATO CROP HELPED BY RAINS Special . Advices Say That Moisture Has Given Vines ;' New Life in Valley! SIM purchased by th club ' and will form a part of the exhibits at tha State and Inter-State fairs this fall. Included in the club's plans Is the launching 'of a cooperative movement among the grape growing districts "of the northwest to educat the consumers away from the idea that to have flavor, the Concord must be grown in the east or that tha Tokay, Malaga or any other of the fancv European varieties of table grapes grown in California are superior fn any respect to those from the vineyards of the- northwest Good Yield of Onions. Kennewlck, Wash., Sept 6. J. Fred Smith, of the Kennewlck highlands has gathered a harvest of $0(, pounfla of onions 1 from - one-tenth of an acre, tt ground, or a yield of 1$ tons per acre. At this rata of production the onions from an acre of land. If sold at to lowest market price of tha year would . bring, the grower a return of fit an Tha onions grown by Mr. Smith wera of the "PHae TTaker variety and wu raised between the' tree rows In hi young orchard. Orchardlsta In this sec tion hav found onions one of the most profitable side products they can raise while their trees are coming Into bear ing and the acreage devoted to growing the strong smelling -vegetable is rapid ly increasing each year. OPEN AT ADVANCE , , ',, ; ; ' ' ; , , Either $1 .50 or Better to Be Initial Price for Columbia River 1911 Pack. Market Here Overloaded Ow Market Is Firmer for Cattle as Weil as Swine; Sheep pun Very Heavy. Wheat, Oats and Barley Are Better; Valley Oats Sell at $28; Palouse $29. ing to Weakness Elsewhere; ' Price Now Affected. ; ' PORTLAND SUffERS : -TOO 1CH FRUIT ALL CEREALS SHOW. A FIRMER MfflEI AT NO. PORTLAND Portland Wholesale Harks. Ergs firm. ; Poultry flrmerl Peaches lower. All fruits weaker. , Dressed meata firm. . Potatoes for north, Onions steady. Hops steady, but quiet The treat downfall of prices for fruit in practically every large market In the country has at last affected the trade here. The market today Is burd ned with supplies of all varieties and prices are lower. A larger per cent 'of the fruit is being dumped for the want of purchasers than ever before. , The last line to be affected by the general weakness of the fruit trade was cantaloupes. Sales of these are being made from T6o to 11.25 a crate, accord Ing to quality, but transactions at the msner price are nara to close. Peaches are still in large supply but from the looks of the arrivals the run will soon show a decrease. Bales are being made In this line today from 60c to 76o with an occasional' sale of something real select at a fractional premium over this. However, the gen eral average of good stuff does not bring above 70o In the Front street market today. Pear market Is steadily showinr loss and sales are now being made from 76o to $1.25 a . box with most of the business around $1. The quality of present arrivals in the pear market is very good. The offerings in this direc tion are stimulated by the extreme weakness and dullness in the east and in me norinern as wen as southern ; markets. Even the grape market has suffered from the overabundance of other fruits. Ordinary stock is soiling around ?6o to 11 a crate along the street today with muscats around 11.25 for fancy stock and tokays from $1.40 to $1.60. 8o few apples are coming forward at this time that it would be difficult to say what the exact market is. The demand at the moment is just about as ii mi lea as oiienngs. NO DAMAGE ANTICIPATED Independence. Or.. Sent '6. Hodstow era do not anticipate damage to the crop as a result of the rain Saturday, Sunday or Monday, unless the damp conditions should continue for some time. Hun dreds Of pickers who arrived on the ex curslon trains Saturday are unable to find shelter, and were compelled to sleep out during the rain last night, many of them have returned to their homes be cause of this fart. Picking did not commence Monday as expected on ac count oi rain. FORECAST FOR SHIPPERS feather bureau sends out the follow ing notice to shippers: Protect shipments as far south as Se attle against minimum temperatures of about 48 degrees; northeast to Spokane, 60 degrees; southeast to Boise, 38 de grees; soutn to fclsKlyou, 85 degrees, Minimum temperatures at Portland to night about 62 degrees, POOR PACK OF PEACHES Quite a number of fruit shippers of the upper Columbia are wrapping their pe&cnes in tissue paper, ana mucn dis satisfaction has i osulted. Commission handlers have found that while the tls sue paper is softer than the usual fruit paper, it aoes not noia trie fruit up as ill, ana therefore the peaches arrive we in a bad condition, lower prices. This results In CELERY MARKET STEADY With the offerings Just about equal to the demand, th" celery market Is In f ood shape along Front street. 8ales of ancy'quallty are being made from 85 to 90c per dozen. Most of the fancy stock Is now coming from Olympla. GOOD CAULIFLOWER SCARCE While there are fair supplies of poor quality, good cauliflower Is rather scarce in the Front street trade. Best offerings today are quoted at $1 per dozen, while most of the receipts range around sue. VARIOUS HUCKLEBERRY PRICES Various prices are being named on huckleberries by the local trade, but It is noticeable that most of the sales are being made at the lower price. Quota tlons today are from 8 to 10c a pound. EGGS AND POULTRY FIRM Both the egg and poultry markets are showing strengtn today. Prices are ris ing safely maintained In both linen, with the latter inclined to make a further advance. Receipts are much smaller than ror tne same period a week ago. DRESSED MEATS HOLDING While oulte a fair sudoIv of veal r rived yesterday, too late to be sold ow ing to tne nonaay, tne siock was taken up tnis morning and found a ready de mand at former prices. FRONT STREET yUOTATTONS Grain, CTonr and Say. WHEAT New crop nominal. Track delivery, ciun, sic; Diueatem. 84c: for tyfold. 81fl82c: Willametta vallev. 810 82c; red Russian, 7980c; Turkey red, BldTHZC. BARLKY New crop. Producers' prices 1911 Feed $83.60; rolled, $36: brewing, $3 6c. OATS New crop, nominal. Produc er's price Track No. 1 white, $28.00; gray, ix.ou. MILLSTUFFS Belling price Bran. izn.uvtmzD.nu; miaanngB, ixi.ou; snorts, $2fl.00tf26.80: chop. SlS.00J)tfB.0d hat hrooueers- price mil crop vaney timotny, rancy, ii4rai&; ordi nary, $1SS14: -eastern Oregon. $16.60fi '17; mixed, ; clover, 9310;. wheat. Over beck & Cooke Co. Commission Merchants ' ' Stocks, Bonds Cotton, Grain, Etc. 21&217 . ; Board of Trade Budding Sfanbora Chicago Board a Trade, Cow pendents of Logan Brrasu Chicago, New Tork, Boston. Ws) bsjv the only private wire luting Portland with' Um ' , eastern exchanges. Special advices received ;by The Jour nal would' Indicate that th-e late potato crop of western ( . Oregon-- has ; received considerable help from the recent rain fall. . ' Prom- practically every growing dis trict in the Willamette valley, the ad vices are much more 'encouraging for a big crop. Within a few days the vines have shown renewed life and the moisture already received has been suf ficient to tide the crop over until ma turity. Early potatoes can now be dug with safety and as soon as the showers cease, digging Is expected to become general. As a rule, dealers did not care to load up with tubers ufitll after the first rainfall, because, they say, the) stock would not ' show good keeping quality. What .are believed to be the last cars of Oregon potatoes to go to, Alaska this season, are now being prepared for shipment to. the north. Owing to the deferred seaaon. Alaakan buyers Were -compelled to nurchaae practically all tneir wants at California points this season; only a limited amount of the business being filled by Oregon or Washington growers. The season for potato shipments has just about opened. Dealers are today offering $1 per cental for top shipping stuff, but say this is the extreme limit for shipments to California points at this time. Xa the Stockyards. North, , Portland - Hogs 1 5o higher; cattle strong at yester day's advance; sheep easier. South Omaha- Bogs 10c lower; cattle steady; sheep ' 1015o lower. Chicago Cattle and sheep steady; hogs easier to lower. SXSSP TOTUT STBOXaSB. The sheep market turned strongs tnis artemoon, and sales. wars tnaae as an advance of. S to JOo over previous prices. Boms yearling wetbors wars sold at 3.eo, lint war not weighed up la time to give the average In today's paper. The fl year old wethers sold at 93.30 ror a big v. PORTLAND LIVESTOCK RUN. Hoaa. Cattle. Calves. Sheep. zbhs 2727 877 ' M9 646 $3(310; cheat, $9(910; alfalfa, new, $lf.6012; oats, $10.00. FLOUR Old crop, patents. $4.(6: Willamette. 14.80 Der toarvei: local itralpht. $3.8604.66; bakers. $4.4504.66; export grades, is. 60. Butter, Bggs and Poultry. BUTTER Extra creamery, cubes and tubs, 11c; prints. 82c; ordinary prints, 30ft31c: dairy, 18c. BUTTER FAT J1, o. b. Portland, per nound 2 Sc. EGGS Local extras Z6(gZ7c; case,! jount, rresh, Z4c; spot buying price, 28c f. o. b. Portland; eastern, 17 Mi 21c. POULTRY Fancy hens. 16 U 17c: ordinary, 16V4; springs, 16V417c; geese, ioc; live young ucks, ic; old oucks, 17c; turkeys, alive, nominal; dressed, nominal; pigeons, old, $1; young, $2,000 2.40. CHEESE New Oregon ancy full .ream, triplets and daisies, 161SC id.; Young Americas. l8Ujei. Keats, Pisa and provisions. DRESSED MEATS Front treet TIokb, fancy, lOHc per lb.; ordi nary, 9(gioc; neavy. 7S)c; veals, ex tra, 14al44c; orainary, isc; poor, low lie; spring lamns, iW'wvc; mutton, 6 7c; goats, 4c; beef, 9c. HAMS. BACON, etc. Hams. 18 & 20c; breakfast bncon, 16 27c; boiled ham, Zaoc; picnics, 11 c; cottage, 16HC; regular short clears, smoked, 18Hc;. backs, smoked, 12W14c, pickled tongues, 66c lb. lard Kettle leaf tierces, iso id.; steam rendered, tierce. 11 o oar lb.: compound, tierces, 74cper lb. FISH Nominal Rock cod. 100 lb.J flounders, 6c; halibut 6 'AC 7c: striped bass, 20c: catfish. 12912 V4c; salmon, 10He lb.; solas. ie per lb.; shrimps, 12V4C lb; perch, 78o; tomcod, 8c; lob sters, 26c; herrlrcrd, 60c; black bass. 20c: aturaeon. 12 Vic Der lb.: silver smelt, 8c lb.; blare cod, 7 He; dressed shad, 7c: roe shad. 10c; ahad roe, JOo lb. OYSTERS Shoalwater bav. Der rat ion, ( ); per 100 lb. Back, $6.60; Olym- Tuesday 160 69 2 Monday 420 473 82 Saturday .... 9 ... Friday 16 Thursday ...792 774 104 Wednesday ..103 '905 Week ago .. ... 28 11 ?la, per gallon, 18.00; per 100 lb. sack. 11.60; canned eastern, 66c can, $6.6u do:.; enntem In bell. $1.76 Qi per 100. raaor clams, iz.oopz.zs box. Prnita and t tables. APPLES New crop, $1.00160. POTATOES He'llns Drlces Selected Oregon, $1,2641.60; ordinary, $1.00; buyinur price, $1.001.26; sweets, 4o. ONIONS Yellow, $1,600 1-66; garlic, 708e FRESH FRUITS Oranres 14.60 ner box; bananas, 6c lb.;, lemons, $4.506; limes, $9 a case; grapefruit. $3.25; nine apples, 6o lb.; blackberries, $1.50; watermelons, I1.001.Z6; peaches, 50 be; pears, iba&l.zb: graces. 11.00 (Li) 1.60; prunes, 76c. VEGETABLES -New turniDS $101.26 sack; beets, $1.50; carrots. $1.26 l.ftO sack; cabbage $1(31.25 cental; toroa- loes. ouc; Deans, c io; corn, il.uo &1.60 sack; green onions, 15c dozen: peppers, bell, ioc lb.: head lettuce, 20O 26c do.: hothouse. fl.6Rg1.76 box: rad ishes, 16c doi. bunrhes: celery. 75ffi85o dox.; egg plant. $1.2501.60 box; cucum bers. $l sack; neas. ( ): cauli flower, local, $1.00. XOps, Wool and slides. 1910 crop, 30c; 1909 growth. 20e. WOOL Nominal. 1911. Willamette valley, 14H17Hc; eastern Oregon, 9p 16C. TALLOW Prime. Der lb.. 5o: No. 8. and grease, 22Hc CHITTIM BARK 181, nominal. 6V4 c: 1910. 6V46c HIDES Dry hides. lU(17V4a lb.: frreen, 79$1ic; bulls, green, salt, 6 He b.; Kips, 9l0c; calves, green, 110 16c per in. ' MUHAIR 1911. selected. S6J70. Orooerlea. SUGAR Cube $7,761 cowdered. $8.85: fruit or berry, $6.86; dry granulated, 16.85: D vellow. 17.16: beet. 87.85: Hon olulu plantation can granulated, 6c less. (Above quotations are so days net cash.) RAIN AND WIND HURTS HOP CROP North Yakima, Wash., Sept. 5. Pa; age running into thousands of dollars was caused here last night by rain and wind, which added so much weight to the hop vines that the poles and trellises fell. Many acres of lions are on the ground In the wet and mud. and will be ruinea. tteven tnonsanu pickers are Idle waiting ror me ram to cease. HEAVY HOP VINES FALL Salem, Or., Sent. 5. The only seri ous damage to hops reported today Is the falling of heavy, vines. Fifty acres In the Krebs yards at Independence blow down last night. With good equipment at hand for raising the fall en vines, however, tneso will be saved. Half a dozen prominent hopgrowers and dealers tortay have declared no damage is being done to hops by the rain, as they are yet green and free from lice. It la asserted two or three days more of rain can be endured with out damage. NORTHWESH- BANK STATEMENT Portland Banks. Clearings today S2.291.246.43 Year ago 1,887,030.6s Gain today LV . t Balances today I 117.167.67 Year ago 404,216.90 117,167.67 93,727.08 attle Banks. Clearings today $3,106,886.00 Balances today , 163,864.00 ' Taooma Banks, Clearings today $ uaiancee toaay ........... 83S.205.00 46,098.00 HOGS , AND SHEEP LOWER South Omaha. Sent. 5. Cattle 61 no r market steady. Steera S7.40K17.SO: cows and heifers, $4.40(6.75. Hoks 6200:. market. 10a. lower. Rnloa $7.00 & 7.20. Sheep 89,000; market steady to lPiffl 16c lower. Yearlings, $4.00S1.SO; weth There was again a heavy offering of sheep and lambs In the North Portland yards, and for that reason the trade was not quite so good. In other lines the strength was pronounced, both cattle and hogs showing a new high record for the present movement Hogs sold this morning; up to $8.(5, The animals were. S months of age, and were grain fed. They were snipped by 8. C. Hobart from SUverton, and were among the best swine seen in the North Portland yards iccently. They aver- aeed 165 uounds The Dries paid was In advance of 15c above any recent value, and shows the great local At Chicago there was a fairly steady tone in the swine trade, but quotations were 10c lower from tnose or ttatur riflv. i South Omaha hegs were weak, with prices 10c lower. Tops sold there this morning at $7.20, which means $8.30 to land here. Therefore the local market is not only paying the extreme price of South Omaha with the freight added, but today paid 36c extra. Hnir Khlnnera todav: 8. C. Hobart. Sllverton. dr.. one load; Hugh Cum- mings, Corvallls, Or., mixed load hogs and sheep. Nominal North Portland hog prices? Extra choice light $8.65 Medium light 8.60 Smooth and heavy 726 Rough and heavy . .' 6.60 Cattle Belling Higher.. As exclusively told by The Journal yesterday, advanced prices are begin ning to offer In the cattle trade. There were only limited offerings today at North Portland, totals being 69 cattle and 2 calves compared with 473 cattle and 82 calves yesterday, and 28 cattle and 11 calves last Tuesday. The lot of Montana stuff that ar rived for yesterday's market was not sold in time to report In Monday's Journal, because the weights were not received In time. One lot of steers con taining 47 head and averaging 1205 pounds went at $5.80. The market for calves remains firm and several sales were made during the past 24 hours at $7.60, the previous ex treme mark. At Chicago there was a steady tone in the cattle trade today with no change In prices. South Omaha cattle prices were steady with top steers at $7.90 and best cows and heifers up to $6.75. Therefore even on the present basis the North Portland cattle market has still some room to go before meeting outside conditions. cattle snippers: "laiDot at Don, iviun hattan, Mont., two loads cattle calves; L. E. West, Oakland, Or., load cattle, calves and sheep. North Portland range: Best steers $ Choice steers Ordinary 4.50(i Common steers 4.00 5 Fancy heifers .80p4.U Fancv cows 4.60 Ordinary cows 3.00 04.40 Fancy bulls S.603.00 Good ordinary bulls 2.60 Common bulls I.002.75 Fancy light calves t tv Medium calves 6.50ai6.60 Ordinary calves 4.00 6.00 Bheap Market Is Easier. With somewhat greater offerings, the sheep and lamb trade did not reflect so much strength today at North Portland. There wore total offerings of 2688 head compared with 2727 head yesterday and none last ruesaay. Ewes sold as high as $3.20 this morn ing and other lines were In proportion. At Chicago there was a steady tone In the sheep and lamb trade today with values stationary. , South Omaha sheep and lambs were steady to 10(g) 16c lower with lambs $6.40(016.00, yearlings $4.00(94.30, weth ers $3.30fj)3.50, ewes $2.904.15. Sheep and lamb shippers today: J. C Copper, Condon, Or., 8 loads; J. H. Mo- Haley, Heppner. ur., 3 loaas; a. h. Boyes, Mt. Angel, Or., 2 loads; H. A. Smythe, Lyle. Wash.. 4 loads. North Portland sheep and lamb ranges: Select lambs $ 4. 75 Ordinary lambs 4.26 4.50 Best wethers 3.30(g3.60 Common lambs 2.75W8.00 Hst ewes 3.00(Kry.20 Ordinary ewes 2.00(2.50 Tuesday's Liveatook Bales. STEERS. Av. lbs. Price. and one 6.80 6.70 9 5.00 1)4. 25 47 steers 1205 15 steers 848 36 stock 627 7 stork 736 20 feed 925 25 steers 1284 25 steers 1294 24 steers .' 1240 2 steers 114) COWS AND HEIFERS. 48 cows 973 28 heifers 724 84 heifers 696 ll cows 962 1 cows ; . 1000 6 canners 0f8 1 heifer . 1090 36 cows 938 14 cows 922 CALVES. 19 calves .'. . 331 44 calves 211 20 calves 395 HOOS. 78 horrs 165 82 hogs 84 BULLS. 1 bull' 880 SHEEP AND LAMBS. 124 lambs 47 .yearlings . 1080 ewe's , 97 ewes 144 old wethers 160 old wethors 160 old wethers 143 old wethers 161 old wethers 149 old wethers 290 old wethers 61 90 91 100 91 93 91 93 96 92 90 $5.80 6.75 4.75 4.75 4.60 6.50 6. (To 5.50 6.75 $4.75 4.35 4.16 4.00 4.00 2.00 6.00 4.50 8.60 $7.50 7.60 6.00 $8.65 7.60 $3.26 $4.00 3.85 3.20 8. 00 3.36 3.36 8.36 3.35 3.35 8.35 3.36 It is now practically assured that the opening price of 1911 pack of Columbia river sllverside salmon will reach at least $1.50 per dozen, and the likelihood that a nickel above this will be asked. Two of the most prominent . packers on the river have decided to set the price at $1.50 or better. The Pillar Rock Packing company and the Union Fishermen's Cooperative Packing com pany are the ones who are Bunding out the higher prlcea. Several other pack era have either decided upon $1.60 or $1.66 for the opening price for silver side tails. The price of pound flats will range from $1.65 to $1.70, and half flats from $1.06 to $1.10. Leading packer- say they are In a position to secure the prices asked be cause many orders are now coming for ward, and inquiries regarding the prob able output and price are Increasing. As a usual rule the price of Columbia river sllversides is, placed at about the same nrlca aa Puset sound and' Alaska pinks, but this season, on account of the excellent uuiiuiiiuu ui miv hwuu, values will be higher. With the opening of the fall-winter season only a few days away, Columbia river packers are getting their crews to gether and the plants are now in con dition to etart on' a moment's notice. STOCK MARKET HAS SUBSTANTIAL RISE New York, Sept. 6. Stocks were bull ieh snd a general advance was forced In the market at the closing. All of the specialties were active for such a dull session. Amalgamated Copper ad vancing 1, Atchison and Brooklyn each , St. Paul lhi, Erie 1, Oreat Northern 1, Northern Paclfio ltt, Missouri Pacific , New York Central , Pennsylvania , Reading lVi. South ern Paolfio 1, Union Paclfio 1. U. S. Sieel common 1, preferred 1V4 points. There was a weak tone for the Amer ican group in the London market to day. Denver A Rio Grande for the year ended June 80 earned 4.74 per cent 'on preferred stock, against 5.87 per cent in the previous year. Net Income de- creased $525,000. Description ; Open) Hlghl Low Bid Amal. Cop. Co. . Am. C. & F., c . Am. Can, c. Am. Cot. Oil. c. Am. Loco., c. . . Am, Sugar, c. . . Am. Smelt, c. . . . Ana, Mln. Co.. Am. Woolen, c. Atchison, c, . . . B. & O., c. ... Beet Sugar Brook. R. T. . f 1 .. .. r, n Cen. Leather, a . Chi. & G. W.. c. C, M. & S. P.. C. & N. W., c. . Chesa. & Ohio. . Colo. F. & I., c. Colo. Southern, c (Jons; ian Corn Products, c Don. & R. O.. a. Erie, c Oen. Electrlo . . . G. Northern, pfd, ice securities . . Illinois Central Internatl. Harv. . Interurb. Met., c. Lehigh Valley . K. C. Southern. T fi XT . J, ( M.. St. P. & S. 8- M., K. & T., C. . . Mo. Pacific National Lead . . Nevada Con. . . . N. Y. Central . . . N. Y., O. & W. . . N. & W., c North Am N. Pacific, c. . . . Penn. Ry P. G.. L. & C. Co. P, 8. Car, c Reading, c Rep. I. & S.. c. . . Rock Island, c . . . St. L. & 8. F.. 2 p So. Pacific, c So. Railway, c. . . Texas & Pacific T., St. L. & W., c Union Pacific, c IT CI Diihhu, r U. 8. Steel Co., o Utah Conner Vir. Chemical Wabash, c W. U. Telegraph West. Electric . . Wis. Central, c. . 67V n G2 35 117 69 Vs 34 108 99fc 51 76 226 23 is 113H 139 11 134 28 674 9 10 53 364 117 70 34 104 ioo 62 76 228 24 IS 115 140 73. 134 80 122 124 17 h 17 138 138 14 168 28 141 131 29 40 16 169 29 142 1-133 8U 41 17 103 39 116 120 103 iii 25 24 Td 41 108 26 24 17 169 36 69 43 62 76" ' 65 63 17 103 39 117 121 103 i43 25 25 IIU 110 27 24 17 169 37 71 43 63 75 V 65 68 ..ft 104 52 35 lie 68 34 103 99 51 76 226 23 101 18 113H 139 7 ""V 19 71 133 28 122 17 138 106 14 159 28 141 131 29 40 17 103 39 116 120 103 iii 25 24 41 108 ze 17 166 36 69 42 62 74 66 52 69 49 10 53 35 fll 70 34 26 ioi 100 , 61 76 228 24 8 114 139 73 28 4 7 14 13 III 160 124 17 138 107 15 168 29 142 133 30 40 50 17 103 39 102 68 117 120 103 85'., 143 25 25 41 10 27 24 17 169 8 71 43 i 68 13 76 66 62 All Cereals active. Wheat Some bidding cent more; bluestem at 4o premium. Oats Willamette valley active, basis $28, but Palouse sales made better than $29. Barley Samples arriving in cask, and mora stock is wanted. Cannot be had. 1 Hay Some damage is feared as a result of the rains and ina bility of farmers to house product Total sales. 318, Call money, 2 800 shares, per cent CHICAGO HOGS LOWER Chtcaaro. Sept. 6. Run: Hoars. 11.- 000; cattle, 6000; sheep, 45,000. Hou ODened steady at yesterday's average and 10c lower than Saturday. Left over, 6500; receipts a year ago, 11.. 000. Mixed, l7.U5g:7.70; good and heavy, $7.05 7.60; rough and heavy, $6.80n7.00; light. $7.057.76. cattle steady. Sheep Steady. The wheat market,, is firm at 80c a bushel for club, based upon track deliv ery, and there is talk ofa cent above this being paid by one minting concern, The strength of the European mar kets Is so great that it influenced the local trade again this morning. Export business today is on a good basis as local milling. For that reason the latter hwlll either be compelled to pay a prem ium or else the wiicat will all go abroad. At Liverpool thero was a closing of 1 to ld for futures. Premium on bluestem has been in creased another cent on account of the greater .demand for this variety coming from California and northern millers. Even those that are bidding 80c for club are now offering 84c for bluestem. Oats market Is much firmer in the Pa louse country than here. Sales are re ported in the Palouse at $1.26 per cen tal, which means better than $29 'per ton delivered at tidewater points. The best price reported In the Willamette valley has been on the basis of $28 a ton delivered track Portland. As the valley has been inclined to sell heavily at the lower figure, the trade has been golog to that section. In the meantime the Palouso Is flrn?er In its views. Pacific northwest barley is now arriv ing in the east, snd the quality Is so much better than a year ago that one local firm received a bid for 10.000 tons, but It could not l accepted Hay dealers believe that some damage will result to the crop on account of the heavy rains. Or. account of the rec ord breaking crop-, farmers could not find barn room tor their entire produc tion, and the result Is that a large per cent of the growth is unhoused. If any damage has resulted. It will stimulate the market WHEAT LOSES ITS RISE Chicago. Sept 6. -After a short holl--day, the wheat market opened at an ad vance of Oi this-morning on account of the gTeat strength abroad, but the closing was.o under the final fig ures of Saturday. With the exception of the better de mand from millers and elevator lster ests at Minneapolis as well as other large centers, there waa no nea of Im portance to away the market one way or the other and trade was allowed to drCash wheat No. 2 red, 8991c; No, 3 red, 84W91c: No. 2 hard winter, 92fP96c; No. S hard winter. 87 94c; No. $ northern spring, $1.0201.07; No. 2 spring, 98c $ 1.04; No. 3 spring 90c1.0O. Range of Chicago prices furnished by Overbeck & Cooke comnany: WHEAT. Open. High. Low. Sep 91 91 SO Dec 96 97 95 May 101 102 101 CORN. Sep. . . . Dec. . . . May ... Sep. Dec. May Sep. Jan. Sep. Oct. Jan. Sep. Oct Jan. 66 66 65 64 64 63 66 66 66 OATS. 48 43 42 47 47 46 49 49 48 PORK. 1580 1580 1570 1650 1650 1630 LARD. 967 960 947 962 965 950 935 947 930 RIBS. 912 915 902 927 927 907 850 856 837 Close. 90 96A 101A 65A 63A 65A 1570 1630 960A 962 981 906 910 840 GRAPE SHOW WILL EDUCATE PUBLIC Kennewlck, 'Wash.. Sept. 5. At a meeting the Advertising exhibit commit tees of the local Commercial club plans were outlined for Kennewick's flrat an nual grape show which will be held two days during the latter part of this month. It Is the intention of the club to make the show an annual affair, the ob ject being to encourage the growers in employing scientific methods in caring for their vineyards and in putting out a fancier pack. An expert grape man will be secured to give lectures and demonstrations as to the proper meth ods of growing; and packing the fruit In order that all varieties mav'be displayed the club has arranged for free com storage lor me earner Kinas wnicn have days. been In market for the last 10 The prize winning; crates will be New York Cotton Market. Jan. ... Feb. ... Mch. ... Mav ... July , . . Oct . . . Open. 1149 1159 1169 1175 1144 1148 il62 High. 1150 iii 1170 f 175 1160 1149 .Low, 1130 Close. 1184W35 118041 114646 1166(li)57 1167 60 1136036 1 1 3 1 rtj S 8 1131 ffilftS '1142 1162 1146 1181 1128 BANK NOTICE Security Savings and Trust Company Corbett Building, Fifth and Morrison Streets. Capital and Surplus, $1,400,000. Invites Accounts of Merchants, Individuals and Savings HOW SAVINGS GROW: Xa order to illustrate the rapid growth of savinga with 4 per cent oompound interest added, we have compiled the following tablet " tSs. 1 lis,. 1 .0?,. 4orT $-25 m n . $ 73. $ 162. $ 403. $1,294. 'MSZ2gZ 146. 324. 806. 2,588. 1,00 ed twice . year 293. 650.1,614. 5,177. 2.00 XSTi. ut mna 585. 1,301. 3,228. 10,355. 5.00 : 1,462. 3,252. 8,070. 25,888. fx STAmTa am AOOOtnrT Hibernia Savings Bank Second and Washington Sts. ' TSIx to Eight- A Conservative Custodian Open Saturday Evenings STATEMENT OF CONDITION OF Lumbermens National Bank CORNER FIFTH AND STARK, PORTLAND Y V At the Close of Business September 1st, 1911 RESOURCES Loans and discounts $2,896,492.09 . Overdrafts 1,554.70 U. St bonds to secure circulation 250,000.00 Other bonds and premiums 240,990.34 Furniture and fixtures 25,000.00 Customer!' liability under letter? of credit 431.20 Due from U. S. treasury $ 12,500.00 Due from banks 504,327.38 ' Cash on hand A. 580,126.80 1,096.954.18 LIABILITIES, Capital Surplus and undivided profits Circulation Dividends unpaid Drafts accepted under letters of credit .. Deposits K51L422.SI ,.$1,000,000,00 , . 88,320.84 , . 25,0OOK 75.00 431.20 ,. 3,172,595.47 $4,511,422.51 REPORT OF THE CONDITION OF The Scandinavian-American Bank PORTLAND, OREGON At Close of Business September 1st, 1911. RESOURCES. Loans and discounts ........$486,174.73 Stocks and bonds 61,287.62 Furniture and fixtures 9,000.00 Due from banks : 181.153.21 Cash 100,825.16 Total $838,440.22 LIABILITIES. Capital stock $100,000.00 Surplus and profits 12,223.96 Deposits 726,216.76 Total $838,440.72 Citizens Bank STATEMENT. At Close of Business on September 1, 1911 ,1. ASSETS. Cash and due from banks Loans Portland improvement bonds Real estate $215,144.43 ...... 389,944.55 54,400.00 16,594.64 $676,083.62 LIABILITIES. Capital paid in Surplus and. profits Deposits .$100,000. 11.747.71 564,335.83 Attest: N. U. Carpenter M. E. Thompson $676,083.62 O. S. FULTON, Cashier. STATEMENT OF CONDITION OF Ladd & Tilton Bank At the Close of Business September 1st, 1911 RESOURCES. Loans and discounts $ 6,938,577.95 Bonds and stocks 4,206,721.33 Real estate 75,000.00 Cash on hand and due from banks 4,199,029.85 Total $15,419,329.1 J LIABILITIES. Capital stock fully paid Surplus and undivided profits Demand deposits $7,593,987.78 Time and savings deposits 6,017,832.43 .$ 1,000,000.00 .. 807,508.92 13,611320.21 Total $15,419,329.13 , Established 1886 Merchants National Bank Second and Washington Streets, Portland, Oregon, w 5 f Capital and Surplus," $600,000.00 V ; DEPOSITARY FOR THE UNITED STATES. DEPOSITARY FOR THE STATE OF OREGON. DEPOSITARY FOR COUNTY OF MULTNOMAH. DEPOSITARY FOR THE CITY OF PORTLAND. Accounts of corporations, firms, and Individuals invited. Four per cent interest paid on time deposits. ' ers, $3 30 8 ISO; lambs, ; $5.408.00; Nov; .0004.15. 1165 , 1185 HS940