The Oregon daily journal. (Portland, Or.) 1902-1972, September 06, 1911, Page 11, Image 11

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    (EI IS
25 CENTS HIGHER
HOGS IN MARKET
Arrivals Total 544' Head for
- - the 24 Hours Severe
Weakness Elsewhere.
A LOOP FRANCHISE
Oregon Electric Will Be Able
to Handle Tassengers ,
Through Town.
MarkctVery Strong at 161.-2
't6 17c for Hens, Springers
Further Rise of Quarter Cent
Even Last Week's Heavy Sales
Eclipsed; Low Prices Have
Good Effect.
No.1 White Advances $1 With
- Valley Growers Not So Anx
ious to Let Go.
Proposed Rule for Club Had
Engendered Factionalism
Among Members.
Due to Recent Sharp Ad
vance in the East.
on Front Street.
SUGAR
MAR
PEACH HINT
GREATEST KNOWN
OATS $29 TON IN AD CLUB GIVES UP
FfWMARI. COMMISSION FORM
yortUad waoleeals Market
Ese higher.
Poultry firmer. .
Peaches movlnar fast
Grape market poor."
Dressed meats firm.
Butter and cheese firm.
Celery trad Rood.
Hops firm, but quiet.
Sugar 28c higher.
The poultry market la exceedingly
.flnm at this time and quotations are
' the rilgneet Tor many -weens, i no irn
' has not: shown such a rood feeling for
a ion time, and arrlrals are quickly
, piCKea up. x ne prices psiu .i w uviu
16c to 17c a pound for chickens and
all arrivals are bringing these figures
. Just -now.
"There has been a great improvement
in the poultry situation oiiaie," says
Fred H. Bchmala of the Front street
firm bearing bis name. "The market
is very good and receipts are not equal
to the call of dealers. Prices are being
stretched almost every- day."
Springs are selling at about the same
price as hens and anything that wears
feathers Ib in excellent demand Just
expected to show a better tone before
long.
The Chines are taking hold of ducks
more eagerly and are paying the top
price for good young stock. Even at
th advance they are more anxious for
'young ducks than for old ones.
PRESSED MEATS ARE FIRM
While there were somewhat better
offerings of both dressed veal and pork
in the local wholesale trade during the
past 24 hours, the market remains in a
very good condition. "About 20 per
cent of the veal that comes to Front
street at this time," says Frank Tem
pleton, "are of such size and quality as
to bring tho top price. The remainder
are big grass stuff and sell from 9c to
12c a pound, according to quality. At
this time of the year the Front street
trade gt-ts few really good calves."
GRAPE TRADE DISASTROUS
Prices In the rrane market have
dropped so suddenly and so much re
cently that Front street dealers sre In
for sonic? of their heaviest losfces.
Grapes that cost them practically $1.60
to land here are being freely offered
at 11.00& 1.25 a crate, and they con
sider themselves lucky to obtain the
higher figure. Quality of present ar
rivals is very good.
. ECO MARKET IS HIGHER
Sugar market price advanced Sle per
hundred pounds all along the Pacific
coast this morning.
The advance was uniform and was
made about the sam time by all coast
refineries.
The new price places the sugar mar-
xnt along tne coast at tne mgnest quo
tation in years snd all previous records
for a generation are expected to be
Droaen. me price oi ary granuiatea nas
been placed to the 17.10 basis here, but
even at tne rise jouwrs are not nurry
lng their sales.
Today's advance cornea. as a direct re
sult of the recent heavy rises in the
raw market on the Atlantic coast. The
movement there was due to the poorer
returns rrora uurope as wen as to ine
advice from Cuba which stated that tse
prospects for the cane crop -were not
nearly as good as expected,
IMlAWlKlEY
BENEFITED BY RAINS
An advance of lc a dozen Is today
being quoted in the price of local ranch
effprs as a result of the increased de
mand. While the receipts of local stock
sre fair, the volume of business has
Improved considerably during the pest
4S hours. Sales are being made at 27c
to 28c for strictly fresh ranch, while
ice house stock from the east Is selling
at 20c to 26c.
FORECAST FOR SHIPPERS
y ' ' - -
Weather bureau sends out the fol
lowing notice to-shippers:
"Protect shipments as far north' as
Seattle against minimum temperatures
of about 66 degrees; northeast to Spo
kane. SO degrees; southeast to Boise.
SS degrees; south to Siskiyou. 42 de
grees. Minimum temperature at Port
land tonight, about 58 degrees."
MORE HUCKLEBERRIES COMING
Receipts of huckleberries in the
Front street trade are Increasing, and
the mark, t is slow, at 8c a pound gen
erally. Practically all of the arrivals
are' from the vicinity of Tacoma.
TOMATO MARKET HOLDING
Market for tomatoes Is holding snd
bfx?s nre being sold generally at 60c.
while four baisjiet crates are going at
SRc. Tho arrivals are beginning to
show slims of damage, caused by the
late rains.
125.00026.110; mlddl
2. 0026. 50: chop.
H A T Prod neers
FRONT STREET ytOTATIOXS
drain. Flonr ad Say.
TV IT IT L P Vt r.rn irnml..! I T.BnW
delivery, club, 81c; hluestem, 84c; tor
tvfold. 81fifiRSc; Willamette valley, 81 fj
82c; red Russian, 79080c; Turkey red,
M(fj82c.
PARLEY New crop. Producers
prices -n- 1911 Feed 131.50; rolled,
$35: browing, $36c.
OATS New crop, nominal. produc
er's price Track No. 1 white. $29.00;
gray $28 50.
MIU.HTU ! Belling pn ee uran.
middlings, ill oo; snorts.
rrice--l 1 1 cron
Vnlley tlmbthy, fancy, $14016; ordl
nnrv. IMftH; eastern Oregon. Il.Ro
17; mixed. ); clover, $9iftl0; wheat.
Trin: cheat. IfliifTO; alfaira,
$11. 5012; oats, $10.00.
Wlllnmett. $4.80 per barrel:
ytralght. $15. 86 PH. 5 5; bakers, 14.45
T .... .. m in
Bntter, Bggs and Voultiy.
BUTTER Extra creamery, cubes and
tubs; 81c; prints, 32c; ordinary prints.
glKa'Jio: dairy, isc
BUTTER FAT A
vtntind 38a.
EOCiS Local extras 26J37o; cane,
rnurtt, fresh, 24c; -spot buying price.
So f. o. b. Portland: eastern, lTtywtlc
TTHTLTRY Fancy hens, 16H17c;
ordinary, 16Mi springs. 1617c; geese,
10c; live young ducks, 18c; old ducks,
J7c; turkeys, alive, nominal; dressed,
nominal; pigeons, old, 11; young, $2,000
2.40.
CHEESE New Oregon ancy full
cream, triplets and daisies. 15315Hc
lb.: Young Americas. K9imc.
Meats, Pltt and rrovisloss.
DRESSED MEATS Front street:
floKK. fancy, 10',4c -per lb.; ordi
nary, 910c; henvy. IftRc; veals, ex
tr, 1414Vc; ordinary, 13o; poor, 10
lie; spring lambs, 7'8)9e; mutton,
i'7c; goats, 4c; beef. 6 9c.
Walla Walla, Wash., Bept . Heavy
rains throughout the Walla Walla val
ley yesterday and today, totaling nearly
an inch, were warmly welcomed oy resi
dents of both oAy and country. Es
pecially were the farmers pleased, re
porting little damage to standing grain
and great benefit to summer fallow
land.
There is little grain unthreshed in the
valley.. The damage by the rain will be
light, perhaps bleaching the grain some
what. Grain stacked In the fields did
not suffer.
The atmosphere haa been cleared by
the downpour, which was unusually
heavy for this time of the year, and the
dust on the roads is settled so that
wheat hauling will be expedited. Hot
weather ends with the first fall rains,
and it is taken for granted tha.t warm
days are over for this year.
But the most good was done to sum
mer fallow land that is waiting for
seed. The ground has been put in ex
cellent shape for seeding, and the heavy
rains will start the weeds so that work
can be begun at once. With an average
season this year, all the summer fallow
land should be put in before winter
stops work.
PRICE OF PRODUCE
AT SAN FRANCISCO
i
San Francisco, 8ept. 6. Wheat Aus
tralian, 1.60Q!1.6S; California club, $1.45
1.50; northern wheat, bluestem, $1.60
1.65; club. $1.60 1.52 Hi Turkey red.
$1.6001.66: Russian red, $1.45 1.50.
Barley Feed, good to choice, $1.6049
1.61V4; fancy, I1.62H 01.63 ; poor to
fair, $1.65 1.67 H; shipping and brew
ing, $1.6601.70.
Eggs California fresh. Including
cases, extras, 31 Ho; prime firsts, 28c;
firsts, 27c; seconds, l&ttc; eastern sec
onds, 15a
Butter California fresh, extras, 26c;
prime firsts, 24 toe; firsts, 24c; seconds,
220.
Cheese New California flats, fancy,
14c; firsts, 12c; seconds, llo; Cali
fornia Young America, fancy, 15c; do
firsts, 14c; Oregon fancy, 18 lie. Stor
age, Oregon fancy, 14 He? New York
Daisies, 18c; do singles. 16c.
Potatoes, per cental River whites, In
boxes, $1 (& 1.25; sweets $2.5002.76.
Onions, per sack New yellow, 46
75c.
Oranges Valenclas, fancy, $8.60
4.50; do choice, 3.26S.60.
SEATTLEPRODUCE
PRICES FOR TODAY
Seattle, Sept 6. Butter Washington
creamery firsts, 32933c; eastern fresh,
29 Hi 30c; storage, 23 '27c.
Eggs Local ranch, 35c; eastern fresh,
l6a2Hc; storage. 252fic.
Cheese Tillamook twins, 16iif.
Young Americas, 16c; Wisconsin Young
Americas, 17 He; Washington Young
Americas. 18 c; cream, 16t4c; Coos
Bay, 16c.
Onions Yellow, $1.50 per sack; red,
$1.50; Walla Wala, $1.401.G0.
Potatoes $25.00(8)33.00 per ton.
Xa tha BtsekyarOa.
North Portland Hogs steady;
cattle firm; sheep steady to
firm. -
South Omaha Hogs lie lower;
cattle steady; sheep and lambs
steady. .
Chicago Hogs 15c lower;
cattle slow; sheep weak, 10 to
20c lower.
w
HOO ARB pZOXM 1.0 WEB. .
This sfuraoon' th pries of top hogs
dropped 5e at Horta Portland; best of
ferings going a 98.60 compared with
yesterday's top at 98.85. The weakness
la due to the lows prices elsewhere.
PORTLAND LIVESTOCK: RUN.
Hogs. Cattle. Calves. Sheep.
Wed.
Tues. ....
Mon.
Sat
Frl
Thurs. . . .
Week ago.
644
10
420
9
1
792
103
247
6
47S
774
S05
63
2
82
104
2,688
2,727
377
in
645
new,
$4.:
local
4.66;
o. b. Portland, per
20c; sturgeon, lifte per lb.; silver
smelt, 8c lb.; blacx cod, 7 He; dressed
shad, 7c; roe shad. 10c; shed roe, 20c lb.
OYSTERS Bhoalwater bay. per gal
lon, ( ); per 100 lb. sack, $6.60; Olym-
?la, per gallon, $8.00; per 100 lb. sack,
11.50; canned eastern, ISc can. 98.50
doi.: eastern In ihell. fl.762 per 100.
rasor clams, I2.00I.J5 box.
rralts and Vsgetablss.
APPLES New crop, $1.0003.50.
POTATOES tie'iig prices Selected
Oregon, $1.2601.60; ordinary, $1.00;
buying price, $1.0001.16: sweets, 4a
ONIONS Yellow. I1.601.66; garlic,
Ti8e.
FRESH FRUITS Oranges. $4.50 per
box; bananas, 5c lb.; lemons, $4. SOWS:
limes. $ a case; granerrult. 1S.Z5; pine
apples, (c lb.; blackberries. $1.50;
watermelons. $1.00ff1.25; peaches, 50
75c; pears, 75c $1.25; grapes, 75c W
$1.25: prunes 76c.
vkuktabliJs: -New mrnips. 91 1.25
sack: beets. Jl.r.O : carrots. $1.15
1.60 sack; cabbage $101.25 cental; toma
toes. 60c; beans, 4c lb; corn, $1.00
O1.60 sacki green ontons, 15o dosen:
peppers, bell, I Co lb.: head lettuce, 20t9
25c dos.: hothouse. $1. 654T1 76 box: rad
Ishes, 16o dos. bunches; celery, 750850
dos.; egg plant. $1.25 1.60 box; cucum
bers. $1 sack: peas. ( ); cauli
flower, local, $1.00.
, xops. Wool and Sldea,
HOPS Contracts. 191t crop.. St 9 $60,
1910 crop, 80c; 1909 growth, 20c
WOOI Nominal. 1911. Willamette
alley, 14Vi17e; eastern Oregon, 90
16e.
TALLOW Prime, per lb, 601 No, 9,
and gresse, 2f?JUe. v
CHITTIM HARK 1911. nominal, IH
6c; 1910, 6H06O.
HIDES t)ry hides, 16H917H0 lb.;
frreen, 1 bulls, green, salt, Hc
b.; kips, 910c; calves, green, 160
16c pr lb.
MOHAIR 1911. selected. 85 3 7c
Qroosrles.
8TJOAR Cube. $7.85: powdered. $7.10:
fruit or berry. $7.10; "dry granulated.
et,
11 a m n a i 1 1 rv aim t-j fa m ivu. on 1
?0c- liriinkfnst l.ncon lf97n hnllnJi ',u w yellow, o.lu; oeet, 8.aw; Hon
hnCm. i'JSKSr1 picnic".: ft'cotUge S'SSSn..8.'6.
16J,c; regular short clears, smoked (ABALT?oar-J ? haft l,7d 100. An
13c; backs, smoked. ial4Vo; tJ-tZnii'VlIHJ
Viclit tongues, 660 10. PnS-t0!8. fi S. -t.'.
LARD Kettle iesf tierces. 18o lb.; 17L -nT in-80.1!!.". .1'
team rendered. teree. HHo per lb.: IiA.H "na :l0m 08i ,umP rok
. ku-ou per ion.
compound, tierces." 7?ic per lb,
FTSH -Nominal -Rock cod. 10c lb.t
flounders, 6c; halibut Hj7ci striped
bans, 20c; catfish. IZOlZHc; salmon,
10 He lb.; soles. 10 per lb.: shrimps,
12 He lb; perch, 7 80: toiacod. 8c; llob
itcr. 25c; herrlcan. RiQ6ci black bass,
gji jj.1 1 j-i; , , 1 l. 1
Today's run of hogs was the largest
for coast shipment that has been re
ceived In the North Portland yards for
many a day. There was a total of 644
head li during the day, compared with
160 yesterday, 420 Monday and 103
head this day a week ago.
There were no sales of hogs made
early In the day, but trade was gener
ally considered steady, notwithstanding
the weakness shown at other centers.
At Chicago today there was a clos
ing loss of 15c from yesterday in the
hog division, with tops at $7.60.
South Omaha hogs were likewise
showing weakness today, with a loss
of 15c In tho price. Tops sold there
this morning at $7.06. which means
$8.15 to land here.
On this basis it Is not believed that
the local price can be maintained. As
packers already get practically all their
stock from the eaV. and can land them
here at about 60c less than they are
paving for local tops at this time, the
presumption Is that the price here will
drop unless there Is a change in the
situation elsewhere.
Chicago had a run of 24.000 head to
day, compared with 21.000 head a year
u-o. The weakness in the (situation
there is indicated bv the fact that pack
ers were slow buyers during the past
24 nours, ana 300 neaa or yesteraay s
run was left over to add to today's ar
rivals, owing to tha weaker feeling.
While the arrivals at South Omaha
today were not more than 7000- head,
this was considered a heavy supply. In
view of the bearishneus of leading pack
ers there.
Shippers of hogs to North Portland
today: C. H. Vehrs & Son, Lebanon,
Or., 1 load; Porter & Owenby, Cotton
wood. Cal.. 3 loads: E. O. Young & Co..
Oakland. Or.. 1 load.
Nominal North Portland hog prices:
Extra choice light $8.66
Medium light 8.50
Smooth and heavy 7.25
Rough and heavy 6.50
Cattle Market Strong.
While there was no general change
in tne cattle situation today, tne mar
ket at North Portland was strong. Ar
rivals for the day were 247 bead, but
two loads of these, with one load of
calves, was for through shipment and
did not stop In the yards except for
reft ana reea.
The blggeet bunch 01 stuff came
from a valley point, and was only of
fair quality. Steers sold at $5.26.
There was a slow tone in the Chicago
cattle trade today nut prices were un
changed from yesterday.
At South Omaha the cattle market
was steady with top steers at $7.75
and uest cows and heifers at $5.75
North Portland ranre:
Best steers $ 6.80
Choice steers 6.70
Ordinary 4.605.OO
Common ateers 4.00(3 4.25
Fancy heifers 4.604.90
Fancy cows 4.60
Ordinary cows S.004.00
Fancy bulls 2.50S3.OO
lOood crdlnarv bulla ' 2.6ft
Common bulls 2.002.75
Fancy light calves 7.60
Medium calves 6.6OO6.&O
urainary caives 4.oot()5.00
uattie shippers to North Portland to
day: Harry Snow, Weiser. Idaho, two
loads cattle, one load calves going
through; Oeorg Kuhlhagen, Roseburg,
jr., se"en loaas.
Sheep Market Is Holding.
There were no arrivals of sheep and
lambs in the North Portland yards dur
ing the dav. The tone of the market
Is considered steady t strong at the
advance or .oc quoted exclusively by
j. ne journal yeeccrnay.
Several small lota which were not re
ported sold yesterday were disposed of
tnis morning, iney were or poor qual
ity generally.
North Portland sheep and lamb
ranges:
Select lambs 9 .75
Ordinary lambs 4.2514.60
Best wethers S.30i3.60
Common lambs 2.75f3.00
Best ewes .'. 8.00(3.20
Ordinary ewes 2.00(5)2.56
At Chicago there was a weaker tone
in the sheep and lamb trade today, and
prices were 10 20c lower than yester
day, while st South Omaha the trade
was steady, with lArnbs 86. 2506.60,
yeanings, fo.au; wetners, $s.80$.50,
and ewes, $2.90 04.15.
Wednesday's Lirestock Sales.
STEERS.
At. Lbs. Price
166 steers 1163 $6.25
26 steers 1173 6.25
BHEEP AND LAMBS.
The movement of peaches Is now tha
greatest ever known along Front street.
Recently reduced quotations have
caused the public to take hold better
than even during last week. Sales' as
a general rule are being made from 750
to 80c with an occasional transaction
of something select at 86c to 90a a
box.
Dealers attribute the present strength
of the market to th fear that a large
Cer cent of the fruit has been ruined
y recent rslns both In the Willamette
valley and in the Yakima country.
Almost all varieties, except the earli
est stock, are now coming forward.
Crawfords are In best demand for all
around peaches, but for canning alone
the Elbertas are taking the lead.
Another carload of peaches came for
ward from California this morning.
This was ordered some time ago and
will likely be the last to arrive here
during the present season. The ship
ment was of good quality and sold
either at the top or within a fraction
of it
NU WOmXJD WXUT XAKXXT.
Liverpool Wheat opened Va to
lower, olosed Ha to W d naasr yesteraay.
Farts wheat closed Vie higher.
Budapest Wheat dosed lfto higher
REGULAR DIVIDENDS
ARE NOW BEING PAID
were
New York. Sept. 6.-Securities
low today, but the tone of the market
was slightly improved. Changes were
fractional, with only a few showing
losses.
Moat of the railroad and Industrial
companies are announcing their regular
quarterly dividends. Among those that
were made public today were: Rock
Island IV per cent on preferred. Copper
Range regular, American Tobacco pre
ferred and New York Central.
American stocks were quiet but
steady in the Losdon market today.
Louisville A Nashville net July earn
ings were $1,07,000, compared with
Ji)u8,000 In July, 1910.
Range of New York prices furnished
Dy uverbecu cooke jo.:
Inscription ; Openi Hlgh Low 1 Bid
48
73
70
70
88
68 ewes
82 ewes
2 ewes
8 ewes . ...i...
47 cull lambs
HOQS.
78 hogs 209
110 hogs 180
10 stock hogs 112
242 stock hogs 122
6 stock hogs 118
20 stock hogs 252
73 hogs 210
16 hogs 110
CHICAGO HOGS LOWER
$3 00
8.00
2.00
2 00
8.60
$8.00
8.25
7.60
7.60
7.60
7.25
8.60
7.60
FARMERS
Attention
P. K. SCHTWT.M ft CO., Incorporated,
wholesale- dealers in VBAI,, . POBK,
rOTT&TBT, HID IS, etc., want heavy
shipments daily. - This firm is incor
porated with a paid up capital stock
of 810,000 and Is (he only one In Port
land' to send returns the day your ship
ment is sold.- Highest market price
always paid. Send them your next con
signment. Shipping tags furnished free.
F.H.Sclimalz&Co.Inc."
, rOfcTXJUTD. .
820
RICE Japan No.. 1, 46c; No. ,
4c: New Orleans head. 6H&6VT; Creole,
4Hc
HONEY New, $1.78 per case.
BEANS Small white, 14.00; large
white, $4 00: pink, 85.76; bayou. $5.00;
Lima. $7.(6; reds, SS. 2 II.
Pabits, Ooal Oil. Bto.
LINSEED OIL Raw, tobls., lc gal.;
k'MIe w ," hhls. ; rw. In ra.
6c: boiled, tn case. 8o , gal.; lota
of 260 gallons, lo lese; oil cake meal
ttil.,i II . ,,.41 fVvt 1.
VKJtlTE LEAD- Ton loU. 8c per lb.;
ton lb, lots. 80 per lb.: lots. -8 He
per lb,'- -,
B3NZINB -86 degrees, case. 14 e
gallon; )ron Mils.. 21e per gallon.
COAL OIL Ca-e: Pearl, lfc: Star.
19o per gallon; water white, bulk, dt
12 Ho per gallon; special water white,
12fpl6a -,, , .
ROPE Manila. 8e: sisal, THe, . i
ClASOLINK Red crown and motor,
18ff22o gallon; "86 gasoline, 286Ho
gallon; V. M. P. naphtha, ISO 10 Vc
gallon.
TURPENTINE Iii eases, 4 Tics wood
barrel si 70Hc; Iron barrels, (60 per gal
lon; 10 case lots. 72c . .
Chicago, Sept. 6. Run: Hogs, 24,000;
cattle, 17,000; sheep, 45,000.
Hogs opened steady, closed slow, 16c
lower. Left over 8300; receipts a yoar
ago zi.uou; mixea,
o.t ti'B.4b; rou
$6.05 ft 7.60.
Cattle Slow.
Sheep 10c to 20e lower.
Ixed, 6.96r7.80; good,
lgh. $6.666.S5; light
HOGS 15 CENTS liOWER
South Omaha, Bept 6. Cattle 6000,
market steady; stnera, $7.30 7.76; cows
und heifers, $4.4005.76.
Hogs 7000, market 16c lower. Sales
$6.90 fa 7.05.
Sheep 18,500, market steady. Year
lings, $4.00((tf4.80; wethefs, l3.3lxff3.6Q;
lambs, $5.25 6.50: ewes. $2.0O4.16.
New York Cotton Market.
- Op-n. ,
1131
Jan.
Feb.
Ma?.
May ,.....,.1164
J una ....... -. ,
July .......1153
Sep. A. 1141
Oct. .1 1123
Nov. .v.. ...1135
High.
1145
Low.
nao
Deo,
1136
1166 1141
iise iiii
1141 , 1129
1138 1127
1135 1185
1149 1131
Close.
114450
1147060
1164 65
115660
1166tflMS7
1168(3166
U66M69
114S($6
ll'i3
114ni$43
1148(49
Am. Copper Co.. .
Am. J. St Jr.. c..
Am. Can, c
do pfd
Am. Cot. Oil, c.
Am. Loco., C . .
Am. Sugar, c...
Am. Smelt., o. . .
do pfd
Anac. Mining Co.
Am. Woolen, o. . .
Atchison, c, , . . .
do pfd
B. & O., c,
Beet Sugar
Brook. R. T
Can. Pacific, c. . .
Cent. Leather, c.
C. & O. W., c...
do pfd
C, M. & St. P...
C. & N., c
Chesa. & Ohio .
Jolo. K. & I., c . .
Colo. South., c. . .
do 1st nfd.
Cons. Gas
Den. & R. Q.. c . .
do pfd.
Erie, c
do 2d pfd. ...
do 1st pfd. . . .
General Electric.
G. Northern, pfd.
Ice Securities . .
Illinois Central
Inter. Harv., c...
Interurb. MeC, c.
do pfd
Lehigh Valley .
K C. Southern..
Louis. & Nash. . .
M. 8. P. & S. S. M
M.. K. & Texas, c
do pfd
Mo. pacific
Nat. Lead
Nev. Cons. .....
N. Y. Central, c.
N. Y., O. & W.. . .
Nor. & West, c.
No. American . . .
Pac. M. S. S. Co.
Penn. Ry
P. G.. L. A C. Co.
P. Steel Car, c.
do pfd
Reading, c
do second pfd.
do first pfd. . .
R. I. & Steel, c.
Rock Island, c. . .
do pfd
S. L. & 8. F 2d p
do first pfd. . .
South. Pac, c...
South. Ry., c. . . .
do pfd
Texas & Pacific.
T. St. L. W., pfd
Union Pac, c...
do pfd
U. 8. Rubber, c
do pfd
U. S. Steel Co.. c
Utan copper....
Vlr. Chemical...
Wabash, c
W. U. Telegraph
Westlnghouse El.
Wis. Central, c. .
49
104
86
63
36
117
71
104
99
62
76fc
2294
24
19
115
140
73
48"
136
23 M,
2?&
50
152
124
17
138
108
16
45
159
30
130
80
40
i7
104
lu2
118
28
121
103
31
144
37
71
43
64
75
66
69
49
M9
ini Mini
86
63
88
117
71
104
1044
63
77
230
24
19
115
140
74
48"
136
23
30
41
61
163
124
18
138
108
16
4
159
30
131
80
iik'
17
104
69
104
86
63
35
116
70
104
99
62
76i
229
24
W
115
140
73
47
136
23
80
60
151
124
17
138
107
16
46
158
9 0 Li
120
30
40
17
104
103 102
118 118
29 28
121 121
104 1103
31 31
144
26
25
61
42
111
27
68
24
39
170
37
72'"
44
64
75
66
142
26
Si?
iio
27
68
24
39
169
36
7l
3
64
76
66
58
49
105
' 80
63
35
116
70
105
34
28
104
101
99
52
76
229
24
18
38
115
140
74
28
47
78
135
23
60
80
41
60
152
124
17
138
107
16
46
169
29
142
131
30
64
40
57
17
104
89
102
118
29
121
103
31
97
143
92
89
60
41
4 Cereal Market Firmer.
Wheat Foreign market gener-
.ally higher,' although Liverpool
4 : is down. 4
Oats $29 a ton being paid,
4 this being an advance of $1 over
4 yesterday.
4 Barley Holders still asking
4 more money.
' Hay Offerings heavy, trade 4
4y steady.
4 Flour Bakers buying heavily 4
4 of old crop patent. 4
4 Millstuffs Market firm but
4 nominal.
Wheat prices are firm, oats higher
and barley firm but nominal.
There was a further advance in the
price of oats here and an advance of f 1
a ton was being offered this morning
for No. 1 white at Willamette valley
points.
White oats are being purchased up
to $29 a ton, track delivery, Portland,
compared with $28 as the beBt price
available recently. The sharp advance
today Is due to the holding back by
Willamette valley growers who are not
content to sell their supplies below the
price Bsaea py growers in oiner nonn-
weat -districts.
Up to this time only about 10 per
cent 01 tne oats crop of tne Willamette
valley has passed out of the hands of
growers, therefore producers will profit
most oy tne advances now talcing el
feet. At the higher prices, dealers are
more willing to buy oats than they
were at the start of the season around
$Z4Z4.60 per ton.
While there is practically no busl
nesB passing in the barley market here,
trade stands on a very good foundation
while growers of the interior are ask
ing more money for the limited stocks.
While there was weakness In Liver
pool today, other foreign .markets were
firm for wheat and higher prices were
generally quoted. No change was made
In local quotations, although, rumors are
still persistent that 81c Is being of
fered and paid by some of the leading
miners.
Tho mlllfeed market Is firm but quiet
with RtlnnllpH nominal.
Bakers are liberal buyers of old crop
patent xiour ana tne price is oeing main
talned. The price of new crop has not
yet opened, but initial prices are ex
pected almost any day. They will prob
ably be from 30c to 40c a barrel lower
tnan present quotations.
WHEAT MARKET IS STRONG
Chicago. Sept 6. Weakness at Liver
pool kept the market from showing a
substantial gain at the start this morn.
ing. but there was sufficient advance
even at that time to show the feelings
of the trade. The market opened c
to c above yesterday and closed with
a not rlMe of lc to lc.
Liverpool market started d to d
down and closed with a loss of d to
LA V. . 1 , , m oi . a HWol n .4 .-n
at Paris and Budapest to make up for
mis.
World's shipments of wheat exclusive
of North America. 6,736,000 bushels:
North America. 3,328,000 bushels. Corn
ahlnmAn.a 9 1AI1 AAA V. . . V. n 1 . i.
America. 81,000 bushels.
A special from Winnipeg said that
the official weather map shows 1 de
grees frost at Yorktown.-Sask. This is
expected to affect late grain.
cash wheat No. 2 red. 83lo;
No. 8 red, 84391c: No. 2 hard winter.
92e96c; No. 8 hard winter 870
94o; No 2 northern spring. $1.0201. 07;
No. 2 spring, 98c $1.04; No. 8 spring.
90c8$1.00.
Sept,
uec.
May
63
110
27
24 Isept.
39 1.4 iJan.
169
92
36
109
71
43
64
13
75
or.
62
Range of Chicago prices furnished by
Overbeck & Cooke Co.:
WHEAT.
Open. High.
Sept 90 92
Deo 95 96
May 101 102
CORN.
66 66
63 64
65 66
OATS.
43 43
46 46
48 49
PORK.
1675
1625 1S27
LARD.
945 950
947 957
932 940
RIBS.
Sept
Dec.
May
Sept
Oct.
Jan.
Low.
90
95
101
66
63
65
t
42 '
45
48
1617
942
947
930
Close.
92
96B
102
66
4 A
66A
43
46B
49A
1675
1627
960
957
940A
Sept
Oct.
Jan.
. ... .
907
837
915
842
907
837
905B
912B
842B
Totsl sales, 343,000 shares.
Money, 22 per cent.
Marabfleld Fruit Dryer.
Marshfleld, Or., Sept 6. Fruit grow
ers living in tho neighborhood of Myrtle
Point will have still another market for
their product Recently a fruit and
vegetable cannery was built In that Cltr
and now F. S. Dow of Marshfleld, is es
tablishing tne machinery la a large
fruit drier. It will have a capacity of
25 tons a day, This capacity will handle
1250 boxes of apples. The drier can
use apples wnion are goo out which
are not ef the finest quality required
when shipping raw and gives the grow
ers market for the poorer grade of
fruit which otherwise thev would not
have. The cannery and the fruit drier I
now being built, have greatly advanced
the fruit ..growing Interests or the Myr
tle Point district of the county.
Brewing Barley at $82.
Weston. Or., Sept. 6. No. 1 barley
haB advanced to $31 and $32 per ton
in the local market, and Is in actlvu
demand at these figures. Since the
season opened about 40.000 sacks of this
cereal have been bought by Weston
dealers at prices ranging from $26 to
$30 per ton. Having watched the mar
ket steadily advance, the growers who
held on to their crops decline to be
tempted by tho fancy prices now rullnsr.
Weston barley classes high for brewing
furposes, and commands a premium in
h. mnrkftt.
" Wheatias moved slowly ' here this
year. The advance In price to 70 cents
brought out a few offerings, and about
80,000 sacks have been sold at this point.
Most or tne growers are looKing for
75 cents or better, and are in a posi
tion to hold as long as they please.
little Damage Feared.
AlbanV. Or., Sept. 6. According to J.
C. Hamjnel of Albany, 'one of the large
hop growers tn this district the heavy,
rainfall of the past 24 hours will be
beneficial to the crop generally through
out thlsisectlon of the state. It is Mr.
Hammers opinion that the crop will be
below -the average in quantity, but of
?ood quality in the Willamette valley
lelda. He has refused 43 cents for his
crop and looks for the market to reach
the 60 cent stage before the season la
ended.. ' .
Picking was begun Saturday in the
Hammel field and 4000 pounds were
gathered before the rain came..
Never before has such a large num
ber of people enaaged in the hop har
vest snd the crop will be most expedi
tiously nanuieu. ; -
AVheat Harvest Delayed.
Wenton. Or., Sot. 6. A heavy rain
foil here last night and today, with a
precipitation of nearly three quarters
of an inch. It brought relief after a
long period of dunt and hKt, but delays
the mountain harvest Mountain crrtps
are good. W. A. Barnes had 2767 sacks
of barley from 90 aeres,an average of
66 bushels, and J. H. Walden had 21
sacks of spring sown barley per acre
from 0 sacks. Similar yields are re
ported from throughout the entire
mountain district
NORTHWEST BANK STATEMENT
Portland Banks.
Clearings today $2,119,660.63
Year ago 1,966,838.04
Gain today $ 182,722.69
Balances today 129.281 31
Year ago 151,876.73
SPECIAL TRAIN WILL
FOLLOW AIRMAN FOWLER
s
(TJnlted Prtw Leases Wire.)
San Francisco, Sept 6. Robert 3.
Fowlor, who starts from' here next
Sunday on a flight to New York for a
$50,000 prise, will have a special train
anil a prltn fight trainer follow him.
C. Fred Grundy, the millionaire who
Is managing Fowlor's flight came here
today from Los Angeles to arrange for
a special train. He announced that Tim
McGrath will look after the physical
condition of Fowler at each place he
makes a descent
Grundy says Fowler chose the north
ern route Instead of going from Los
Angeles because the distance is I2Q0
miles compared with 6000 over the
south. On the southern route he would
be obliged to fly from . 90 to 150 miles
between town.
Cities along the line are already
planning rousing welcomes for the aviator.
'Raymond Catholics Get Priest,
(Special to Th Journal.!
South Bend, Wash., Beptf .-7The
Catholics of Raymond hnye raised by
subscription more than $1600 for the
maintenance of a priest at that place
during the coming year. A subscription
Is now being circulated to raise' money
for the erection of a Catholic church
there and laimectlng hearty response,
For the sake of harmony, promoters
of commission form of government for
the Ad club withdrew their plan at the
luncheon in the Hotel Portland this
afternoon. ,
Discussion of tl e plan has occupied
several recent Ad club meetings. Fac
tionalism seemed to be developing. Mem
bers said they feared factionalism ouM
be fatal to the influential and growing
organization, that the commissiu.i form
of government, though desirable, was
not sd desirable as harmony and united
effort for honest advertising and Cham
pioning of worthy issues.
Arrangement had been made to give
the session today up to "threshing out"
the differences of club members, sur
prise attended the announcement that
the commission plan's most enthuslsstlo
supporters, Fred Larson, D. O. Lively,
C. C Chapman and others, would con
centrate their fighting energy on har
mony rather than let the club be host
to factionalism,
. Short addresses were made by George
Hyland, Rollin Ayer, W. B. Smith of the
Mount Hood Railway company, Presi
dent Carl R. Gray of the Hill lines and
T. B. Wilcox.
To Speak for Direct Legislation.
San Francisco, Sept 6. Governor Hi
ram Johnson announced today that he
will stump the state In behalf of tha
direct legislation Involved in the con
stitutional amendments providing for
the initiative, referendum and recall.
The tour will be made under the aus
pices of the Direct Legislation league.
(pedal to Th Joaraal.)
Eugene, Or., Sept. . The Oregon .
Electrlo Railway company, through, its
president. Carl R. dray, applied to the ;
Eugene city council last night for a
franchise to construct a loop through
the business section of the city Instead
of maintaining one depot. The plan is -to
handle passengers at several places
on the business streets. The streets
over which the proposed loop will ex
tend, in addition to Fifth street, ver
which the company already has a fran
chise, are Pearl street from -Fifth to
Eighth, Eighth west to Charnelton, and
Charlelton north lc Fifth. It was the,
unanimous sense of the council that the
f ranohlse be granted at he next regu
lar meeting, Monduy, September 11.
Mr. Gray told the members of the
council that as voon as the franohlso is
granted he will place his right of way '
men In the field.
Mr. Gray announced that the passen
ger depot of the Oregon Electrlo will be
located on a tract of land recently pur
chased by George Kelly of Portland,
formerly of the Boqth-Kelly Lumber
company of this city, on Fifth street be
tween Willamette and pearl. The site
selected by Mr. Gray adjoins the South
ern Pacific depot grounds, and the depot
park, laid out Jointly by the company
and the Eugene Commercial club two
years ago. (
r r o,. Y7 .,.. A . .
bor has started a campaign for a law
forbidding women In Kansas to work
more than nine hours out of 24.
Okslwl Ho. 4014.
CONDENSED REPORT OP
-.-PT p,"7'j"TF "
The United States National Bank
OP
PORTLAND, OREGON , .
Bnnmltted to the Comptroller of tho Currency
At the Close of Business Sept. 1, 1911
tllllTI --T a HTT-IT1JB M
Loans and discounts..! 6,5,$66.6I Capital t 1,000,000.60
United 8tates bonds at Surplus 760.00O.0
Undivided profits..... 18t.10s.il
par .,ooi,-vv.vv
Municipal and railway
bonds
Bank building
Cash and exchange.
Total ......
1,1I4,662.TI
126.000.00
4,689,080.17
,$1$,581,10J4
Circulation
.... 600,000.00
Deposits ............. 10,800,000.71
Total ..
.$1$,682,10.84
STATEMENT OP CONDITION OP
Ladd & Tilton Bank
At tho Close of Business September 1st, 1911
RESOURCES.
Loans and discounts .. $ 5,,5-?5
Bonds and stocks 4721.33
Real estate S.UUU.UO
Cash on hand and due from banks 4,199,029.85
Total , $15,41929.13
LIABILITIES.
Capital stock fully paid . 1,000.000.00
Surplus and undivided profits VV.oiooVw" 807,508.92
Demand deposits Va?2o?V?
Time and savings deposits 6,017332.43 .
13,611,82021
Total
eos4io
.'$1 5,419,329.13
FIRST NATIONAL BANK
CAPITAL $1,500,000
SURPLUS. $750,000
Oldest National BanK Weit bf tHe
Rocky Mountains
Bonds
Investments
Timber Lands
(
. .' . H
Neuhausen & Co.
701.2-4-4-5 LEWIS BUILD WO,
PORTLAND, OREGON
Overbeck &
Cooke Co.
Commission Merchant
Stocks, Bonds,
Cotton, Grain, Ets.
216V217
Board of Trade BuflcBnjj
Member Chtoege Boar ef Trade.
Correspondents of Xxan A Brraa.
Chloasma. Mew York, Boston, -
Wo aere the only prtrete wire
; enacting- Fortlend with the
eeetarn wxhincM.
Journal
Tant Ac!
Urinr.
-1