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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (July 13, 1912)
tiii: on: :gon DAILY JOURNAL, FORTLAND, SATURDAY EVENING, JULY 13, 131! EGGS FALL OFF WHEN UiNION fnEAT COMPANY RECE1PTSIHGREASE; BUYS 50,000 LAMBS fIS VARYING AT GLENV00D. V . .. ... .., i OUOTATlOi ASH Commission Men Report Brbk Trade I Purchasing Agent Is Ready to Bay - in Nearly All Lines This Morning; Poultry Slightly Weaker, but the Receipts Show Decrease. ' , 6000 More Head;- Lambs Will Be Shipped to Portland and Thence to Chicago. . " ' Egg market weaker, r Good supply of poultry. , Dressed meats scarce. Dressed 'hogs 10 cents top. 'Dressed veal 13 to 14 cents. Oranges arrive. Mixed fruits plentiful Butter and cheese steady. (SMclal to Thi Journal.) . White Salmon. Wash.. July 1 J. Jake Prthl, agent for the Union Meat Co.. of Portland, has made one of the largest I contracts for lambs ever made in the I county. Fifty thousand lambs were Dougtit Irom tne-sheep men, and 6000 more are wanted. Heretofore the herd, lers have had to drive their flocks to the railway, but the Union Meat Co, has met I them with its check book at 'Glenwood, i the outfitting point for herders grasing meir iiocKa in ine t-oiumma roreai re serve. The lambs will be shipped to .,. Mm Portland, dressed and sent In refrigera Front street this tor -cars -to Ch loago. Trade -was -brisk on- Front street nis I tor Tarn -to- Chirnza morning in all lines and indications I Columbia forest reserve lambs top the were for a good clean up by evening. Portland market, coming out in the fall The receipts of-poultry wer -rather If at. They go in about the 4th of July light during the day, whtcn was ioriu-iana return aoout the rirst or October, nate because recelnts on Friday were The government makes a charge of 1 so heavy that it was feared for a while cents a head for grazing. Most of the the ' market would go to pieces. The flocks come f rOm the eastern part -. of check In' recelDta today, however, had 1 the county, the. eld ewes being fed In the desired effect and, as a result, the winter on the north bank of the values today are only a trifle lower than Columbia river. Some of tlia Indians during the earlier part of the week, from the reservation and other points It may be well to ship cautiously for a have been protesting to the government iewa.ays. however, ..aajnere. ar? a., gooa i against graswg or-.sneep .-in me nucaie m . I . , .. ..till " li .tf.At "K. h.rrv H at..,. n r . ri.nn,a( ah mraa H 1&H IIIUO Ollll Vll V i w . v v. - I . . i j uisii ill, niiv, , unuwiivii tw nm duck market cleaned up well for the sent to Washington to interview the week. Old hens were auoted at 12 cents today, young birds bringing any where from 17 to 20 cents. EGO MARKET WEAKER Eggs fell off a cent or two this morn. ins and as a general rule 24 cents was quoted, although some dealers still In-lands of sheep. stst they are getting zt cents xor nrsi class candled stock. There are said to be a good many eastern eggs in the market and may this be es It may the fact remains that there is no scarcity of eggs. president. Last summer Raymond Dun, nm rt tha to narift tin A vnm a striA vrit-Vi si. back to nature hobby, incited the In dians again at the herders,- preaching to mem tnst me-reserve snouia d tneirs to the exclusion of the whites. Up to the present the president has had no order sent shutting out the herders, who are back in the territory with thous- 1EAI10EWS SLIGHT DECLINE UPOtl BETTER CROP REPORTS Cutting Will Comnience in Montana Next Week, According to Reports; Corn Belt Is Haying Finest of Growing Weather. ' . WHEAT CARGOES STEADY. London. Julv ll-Whtit nrinai mitat but steady. Walla walla September-October ship ments, 87s 9d to 88s.' , ungiisn country markets firm. French country markets steady. , PORTLAND GRAIN RECEIPTS. -Cars.. Monday is Tuesday i Wednesday , 4 Thursday and Friday 10 Saturday ..... 8 Year ago ,.. ss Total this week .... 36 Year ago ......... 47 Season to date ....... 116 Ysar ago . . 10a Wheat Flour. Hay, 11 , 3 S 8 8 31 n 10 i 'i 3 8 7 22 42 46 stock, 12 He, cows, No. 1 stock. 11 0 11 He; ewes. 10c; wethers, lie;- lamba, 13 He; pork loins, 18c Hops, wooi ana iaes. HOPS Producers' price -1911 crop, BUTTER AND CHEESE STEADY sif,": 1913 oontraeta, nominal, 21 MOHAIR 1912. 22 Uo lb The butter and cheese markets re- WOOL, Willamette valiev. coarse main steady with no changes reported Cotswold, 1920e lb.; medium Shrop- durlng the week. The supplies to be stifflclent for ail demands, FRUITS - PLENTIFUL Front street is well eunllad fruits of all kinds and there is seem shire. 21c: choice fsncy lots. 22c per lb. eastern uregon. n'fl'zuc, according to shrinkage. CHITTIM OR CABUARA BARK 1912 nominal, carlots 5c, lees carlots Sn Ih 191 1 hark, narlota. 6c: lesa par. With lots. 5ie lb. no HIDES Drv hides. 20 Jle: green. INVESTORS l,!AI!ITA!H A CAiOUS ATTITUDE' IN STOCK MARKET Politics, Monetary and Investment Conditions - Important Factors in Regulation of Values; Demand Not Brisk. 1 2 CARLOADS OF TEXAS FEEDER CATTLE IN AT PORTLAND YARDS Run of Livestock . Light Today and Sales Confined to Cows; Markets 2. Steady. With No Material Changes ; insight. . - . shortage of berries. Tragedy prunes 94 i0c; salted hides, J0HUe; bulls, were quoted at 11.80 this morning, green salt, 77c; kips, 1214c; calves, Peaches, apricots and new apples are 3ry, 24244o; calf skins, salted or plentiful, too. A lot of oranges ar- green 1720c; green hides, 11J4c less rived this morning. Quotations are the than salted;. sheep pelts, salted. $1; dry. same as for the week. There were more ul2Ue lb. cherries in the market today than for TALLOW Prime, per lb., tc; No. 3 some time. FORECAST FOR SHIPPERS , Protect shipments as far north as Seattle against maximum temperatures of about 76 degrees; northeast to Spo kane 86 degrees; southeast to Boise, 82 degrees; south to Siskiyou, 88 degrees. Maximum temperature at rortiana to day about 74 degrees. PORTLAND JOBBING PRICES and grease. 22ttc, FISH- Nominal kock coo. 100 id.; flounders, 6c; nalibut. 6j)ac; striped bass, 20c; catfish. UQU'Ac; salmon. 13c lb.: soies, ?- per id. snnmps, lzvhc lb.; perch, 7 518c; tomcod, 8c: lobsters, 26c; herrings, 56e; black bass, 20c; sturgeon ( ) per lb.; silver smelt, 8c lb.; black cod, 7 He; dressed shad, 80; roe shad, 10c; shad roe, 20o lb.; Colum bia (smelt ( ) per box. OYSTERS Shoaiwater Day. per gal lon ( ); per 100 lb sack, ( ); Olyra pla. per gallon, $3; per 100 lb. sack. 39; canned eastern, 65c can; 16.60 dosen; eastern in shell, li.7B02.oo per 100; ra zor clams. 12 2.25 box. LARD Tierces. l3Vic ID., compound. tierces. 914 c per lb. urooenss. RICE Japan style. No. 1. 814 5 lie: No. 2. 4 ',4c; New Orleans head. 67c: Creole, 614c. EUOAn cuds. is.sb: nowaerea. &.&: fruit or berry, $5.86; beet, 18.66; dry Grain, Flour and Kay, These prices are those at which wholesalers sell to retailers, except as otherwise stated: WHEAT 1911 nominal Producers' nriees. nominal, track delivery, club. 88c; bluestem. 92 95c; red Russian. 870 Willamette valley, use; isia contracts club. 80c: bluestem 83 85c. r. J?fi: l,e1- ,3 00- brewing , niantatton cane granulated. 60 less. - 4wV? t i&nvv i .iiTt& nnrwran (Above quotations are 3.. lavs net cssh.) ..WEffirssV'n .hP?t.!?Ts.a BALTlcoarsa. half grounds 100s $8.6.6 OATS Producers Trark No. 1. SDOt 135: grav. $34: new crop, $26. . . i. ... . - t. . . r n..n7i 5? i;,.i7ii; BEANS Small white.. $5.10; Chicago, , July 13. The wheat trade was without anything in the shape of leadership on either aide, although hedg ing sales by some of the elevator people soon after opening no doubt had bear ish effect. Most active selling of the morning was directly the result of the aiapiay -vx wegjcness in Minneapolis September of that market had a break 01 o we nrst nail hour. This was taken to mean that conditions over the spring wheat country continue favor able, and there was no confirmation of uie oiaca. rust laiK. Southwest markets weakened with Chicago and the northwest. Cloudy and rainy conditions over much of the winter wheat belt created soma bullish feeling because of the delay in cutting and threshing. St. Louis had a very moderate run of new wheat, in fact the purchases of wheat to come here from the new crop so Xar reported are very unimportant. The leading elevator con cern, however, predicts the movement win De liberal belore the end of the month from Oklahoma and also Kansas. Inglls claims cutting will commence In Montana next week. Leaving ths black rust proposition out of the calcu lation, there is a good fighting market with merit In this wheat because of se rious shortage In the soft wheat states, from which Chicago draws stocks fol lowing harvest. If there is black rust at all in the spring wheat country, it will mean a bull market. July Is congested and ths early months are almost certain to feel the bullish effect of the strength In cssh here and at outside coints. Weather conditions are so fine that until there Is something adverse, December and later montns should shew heaviness. Cash steady, with prices H to 114 up in southwest markets. - f There was a quick upturn in July oats on opening trades. Few shorts tried to cover in a congested market, and that month closed little easier at 44. The oats harvest promise is so large that without any accident there will naturally be selling pressure In septemnr ana later montns. It's difficult to draw a line on the trade because It is well known that the packing Interests are holding quotations at present level as basis for their Im mense casn Dasis at nome ana aoroaa. Recent repasts on lard are bearish be cause of .abundant feed and liberal hogs abroad. New York. July 1$. The past week has witnessed considerable unsetlle- ment In tha security markets predicted for ths moat part on' the hardening of money rates both here and abroad and on the unsatisfactory state of politics and the slackening in demand. - rne lacx 01 a sattsiactory investment inquiry has been felt for some months and finally has been reflected by Scat tered liquidation, particularly or tnose old Issues whose Investment yield has not been in keeping with the higner re turn provided by soma of the newer flotations. This condition- abroad has been rather marked in the instance 01 consols ana rentes, whose low yield has resulted in considerable liquidation. The, interior demand on reserve centers for funds has during the past few weeks been rather brick and U llkalv to become heavier as the crop movement asumes larger proportions' so that the prevailing ten dency on the part of money rates to harden so ar)y In the season has causad some concern. - Basic industries appear to be In a satisfactory! state and . the sam may be said of general trade, but the fac tors which as stated above are at pres ent Overshadowing other considerations are domestlo and international, political, monetary and Investment- conditions. Until a marked changa for the better Is witnessed with reference to same, the policy of assuming a cautious attitude and strengthen the position of accounts Will doubtless b the feature of the happenings In financial centers. Range New Tork prices, furnished by Overbeck & Cooke Co.: Description lOpen IHlghl Lowl Bid PORTLAND LIVESTOCK RUN. Hogs. Cattle. Calves. Sheep. Saturday 18 154 ... ,96 Friday .1249 874 "18 8486 Thursday ..." ... Wednesday .... 806 270 ... 1864 Tuesday 74 313. ... 278 Monday 315 230 49 1277 Week ago .130 ... 1 102 Tear ago 13 869 125 1174 Two years ago . 105 11 ... , 286 GRADE CAMPS ARE PUSHED 75 ES WEST OF VALE. OR Tracklaying Machine on Way - to Start Steel Ralls Toward ; Harney; Townsites Are Nu merous Along the Way. SJnveTv whitT 100s, $17: bales. $2.20; extra fins barrels. ,n 2 J" 2s. Df and 10s. $4.00335.00; lump rock. baker.'. $4.905.10; export grades. $4.0i V$g 75; tt. ft HAY-Producers- prlce-1911 crop- HONTSY-New. $2 75 large $4.2o; $3.76; bayou, .76. per case, V.ll tlmnthv funrv 114 ROflllR 00- or- MUKa. vow vu, X.IO. . a. a Aaa. 1 Art . . yv T TTDFCrt ,111 li.ai hh a V m mm 1 oinary. ai.vuvttrn.""; eastern vron, xjin ducu oo sm,.. 116 00(B17.00: Idaho, SIB. 0017.no; Kettle noueo. in cases, oc; gai. iota 01 mixed, $18 00C14.0O: elovpr, $9.00 260 gallons, lc less; oil cake meal, $44 mnn- hi ii i iuiiwi l nn wn-at. niuu m,r ton. 011.60: nitaira, jiz.dum u.uu; oais, whuk ion ioi, oc per to.-, $11.00iffll 60. 600 lb. lots, 8o per lb.; less lots, 6H0 Dnttsr, Eggs ana rovnirj. per id. -RTTTFR Nominal: extra Teamery. ROPE Manila, 814e; sisal, 144c rnhra and tnha 28n: tirlnls. 29c: dalrv. OASOLINE Red crown and motor. tic 15(f22c gauon: o gasoune, iiazbftc EGGS Candled extras, 26c: spot ouy- gauon; v. M. & r. napntns, ipzuc ing price, loss on, i. o. o. irori-1 gauon. land LIVE rOULTRY Fancy hens. 12 13c lb.; springs. 17f 20c; gese, 910c; spring ducks. 15c; old ducks. 12c tnrkevs. 7 6 T I Tc : dres?fl 20 W 25c pigeons, old, $1; young. $3.0002.60 per down - BUTTER FAT Producers' price, f, o. h. Portland, per lb.. 28Uc. CHEEPE Nominal: fresh Oregon fancy, full cream, triplets and daisies. 1617He : Young America, le. fruits and Vegetables. POTATOES Selling price: Extra choice. $1.10; choice, $1.00; ordinary, 86c per cental; new potatoes, li.OQtp 1.80 ner cental: sweets. 8c lb. ONIONS New Cochella, $1.2801.60 per crate; new .rds, $1.25 per cental; new, yellow, fi.oui.iu per cental; gar 11c 7Uffl8c. VEGETABLES New turnips, 10c per rtox.; new oeets, oe aor.; carrots, aonf 86c dos. : cabbage. II. 1 5; Mexican to matoee, $2.26 per lug: Texas, $1.60 per crate; Conforms, $1.18 per box beans, 8c per lb.; green onions, 10c dozen bunches: peppers, oell. 10c lh. head lettuce, 10c dozen; hothouse. $1 box; radishes. lOeper dozen bunches; celery, $1.25 dozen; egg riant. 25c pr lb.; peas, 8 (ft 7c lb.; caullflow'r. $1.26C 1.60 per aoz.; asparagus, 7BWS0c per dot. Duncnes; waiia waua, i.uu dox; anlnarh. 25c sack. FRESH FRUITS Orangts, $3.50; bananas. 4145a lb.: lemons. $5.00 TURPENTINE In cases. 78c; wood Barrels. 70c; Iron barrels, 66o par gal ion: 10 case lota. 72c. BKNZiNn; "a degrees, cases, zinc gallon: iron bbis.. 2lHc per gauon. cu.'.l uiL, cases: reari. i.c etar. 19He er gallon: warer white, bulk, ta per gauon; specisi water wnite, 13 4J17C. BAN FRANCISCO MARKETS (Unltfd Pra Id Wlrt.l fornla club, $1.681.67H: do. milling, 1.68; northern wheat, bluestem. 1 1.70 H) .72U: club. $1.66ai.67U: Turkey red. $1.72H1."S; red Russian, $1,659 Barley r eea, gooo to enoies, $1.37 If. .IV, v.'71, ' $1 32 S Q, 1 35. Kggs cixtras, zoc; nrsts, aac; sec onds. 21c: selected pullets. 23c. Butter Extras, 26c; firsts, 27c; sec onds, 25c. Cheese New California flats, IX U( 14e: Young America. 1617c: New Yor twins. 18c; Wisconsin do.. 17c; Oregon fancy, 16c; do. Young America. 19c. H' I nAA.A. .... A.l Kn. HAW croprttver Whites, $1; do. fancy, $1.20; early rose. 75?86c: garnets, $1350 1.60; old crop Oregon uurDanss, ji.zftjy 1.60 ; sweets, per pound. SO 4c. Onions per pack. California new red, 36 117 10814 71 9114 26314 92 92 100 135 7914 166 41 133 Vi Rang Chleago prices furnished bv Overbeck & Coolce Co.: WHEAT. Open. High. July Sept. Deo. July Sept. Dec July Sept Deo, July Sept. Oct. July Sept. Oct. July sept. oct. 45 105 101 108 CORN. 74 70 69 OATS. 4614 864 35 86; 37 PORK. 1790 1835 1837 LARD. .1060 1050 ...1075 1075 .1080 1080 RIBS. .1030 1030 .1040 1047 .1047 1047 Low. 104i 100$ li 102 74 44 86 26 Close. 164 B 100 A 102V4 A ,.1787 ,.1886 ,.1887 1785 1812 1820 1785 1816 1822 1047 1047 1062 106$ 1067 1067 A 1027 1040 1037 1027 1042 1087 BOSTON WOOL MARKET FIRM, WITH TENDENCY TOWARD HIGHER PRICE Amal. Copper Co. Am. G. & F.. c. Am. Can, o do pfd Am. C. O., c. . . . Am. Sugar, c. . . . Am. Smelt, c. . . . do pfd Anac. Mining Co. Am. Woolen, c. Atchison, c dO pfd -t r I n il B. ft O., c...... Beet Sugar B. R. T Can. Pao., o.... Cen. Leather, o.. do pfd C. & O. "W.. o.. do pfd . . .'. . . . C, M. A S. P. . . . C. & N.. c... . Chesa. A Ohio . . Colo. F. A I., cl Consolidated Gas142 Corn Prod., o . . Del. & Hui D. A R. Q.. o.. do pfd Erie, c do 2d pfd . . . do 1st pfd . . . Oen. Electrlo . N.. ore lands Qt Nor., pfd. . nt Harvest. . . Int. Met, ..c... do pfd Lehigh Valley Kan. mty sou. Louis. A Nash. Mo., K A T a Mo. Pac Na, Lead Nev. Con Y. Cent N., Ont AW... Nor.- A W., c. . . North Amer. . . N. P., c M. 8. 8. LO. . Pa. Rv . O:, L. A C. CO. . 8. Car, c . . do. pfd Reading, c. do. 2d pro. . do. 1st pfd. . R. I. A S., c. . do. pfd Rock Island, c. do pfd S. L. & S. F.. 2p. So. Pacific, c. So. Railway, c do pfd Texas A Paclflo. T . S. L. A W.. c. Union Pacific, c. do pfd U. S. Steel Co., c do pfd Utah Copper Va. Chemical . . Wabash, c do pfd W. U. TelegL Westtngh. Elec. . Wis. Central, c 80 80 79 36 117 127 81 108 72 91 63 100 135 79 36 117 Hi" 80 108 71 91 262 82" Considerable Wool Sold In Advance Subject to Approral on Descrip tion or by Sample; a New Depart- ore In Market. nananas. iflpno iu. . icinuns, o.vu .fti.rft. ivrUI m Ai7Sr' nw man ($6.60; limes, $1 per hundred; grapefruit i.?6J' ' fTo " e6760, new r"n irL.P!"1:,"-.60, JLrJC0, POrnge-Few , market; no quota- $1.25 crate: cherries. 310e per lb.; prhis. fi.26 per dox: cantaloup, $2. 25 ST 2. eo per crate; watermelons, z per lb. BERRIES Raspberries. $1.65 (ffi 1.75 currants. $1.65 1.76: loganberries. $1.50 1.75: blackcaps. 61. 7. Meats, Tlsh and Provisions. DRESSED MEATS Country killed Hogs, fancy. 1010c; ordinary 9!,tf 10c: heavy, c: fancy veal. J3W raise ordinary, 12c; poor. SITlOc: lambs 10 flllc; mutton. 7018c; goats, 24o; htft 7lPc. HAMS. BACON. ETC. Hams. 16U I7iie: breakfast "4acon. 14V!2414f: boiled ham, 26c; picnics, llc; cottsge. tlons. NORTHWEST BANK STATEMENT Portland Banks. Clearings today $2.$88.0$2.7t iear ago i,Di?,sou.in ..$ 853.171.75 Increase todav .... Balances today $ 211,931.73 Year ago 159.340.66 Clearings for week $11,690,665.10 Year ago u.na.zso.sa Boston. Mass.. July 13 Wool trad Ing In the local market has shown more activity the past week than In any similar period since the new clip wools began to move In volume. The sggre fate sales have been big, variously es Imated at 7,000,000 to 10,000,000 pounds, the majority of the trade inclining to the larger figure. Included I" the total Is considerable wool previously sold subject to approval on description or by .sample. Such sales have not previously figured in the re ported weekly operations so that they now appear as new transactlona. . - The market has not only developed considerable activity but the situation Is much stronger than hltnerto re ported. Prices of all grades of deslr able wool are steadily tending upwards, All prices are firmer and the market is very strong at ins moderate advance. The -wools so far sold show a satisfac tory profit to the dealer and It Is era- pnaticauy a smers maraei. OMAHA LIVESTOCK 16c. MEATS- -Packlng house Steer No. 1 OVERBECl &C00KEC0 Increase for week $ 647,379.77 Balances for week $1,246,972.64 Y.ear ago 4,120.387.67i 1 A wvia A.U.' Clearings today $ 729,881.00 Balances tooay ai.tus.vu FOUR PASC0TRIS0NERS SAW WAY OUT AND GO Sfw1al to Toe Journal. I Pasco, Wash., July 13. Four prison ers who were being held In the county jail last night under $500 bonds each, to await trial at tne fall term of court, sawed their way to liberty some time shortly before daylight today and es caped. No' trace has been found of them thus far. The men are Bert Whits and John Shand, charged with robbing a car of merchandise at Kah lotus: O. B. Olsen, attempted forgery, and Charley Baker, attempted robbery. Ths men sawed out a bar with an Improvised saw and plcktd out the first brick with a place of wirs some two long. While ths sheriff has the Ptocks, Bonds. Cotton. Grain, Etc. 816-817 Board of Trade Bnlldlaf. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chlcsgo Bosrd of Trade Correspondents of Logan ft Bryan Chicago. New i orK. J. C WILSON & CO. MSKBEX0 NEW YORK STOCK EXCHANGE NEW YORK COTTON EXCHANGE Atit"inn niuun nu TRADIC 4-7- nan exchange L Inch long. While tns snenrr has the " attorneys for ths men objected to having POHTLANIl ORiti them photogrsphM noom B. I.nmhermens Bank Bide. I- - ' Phonea-Marshall 4120. A-4127 I Journal Want Ads brin rssulta. South Omaha. July 1$. Cattle Re ceipts none. Hogs Receipts 7100, market strong to 10 and 16c lower. Price, $7.1037.371i Sheep Receipts none. NEW YORK MAYOR ACTS AS MATRIMONIAL AGENT M'nlt"S Pr Leaafit Wire. Chicago, July 13. Mrs. Clara L. Brown, the "rich widow" who asked Mayor Oaynor of New York arid Mayor Fitzgerald of Boston to find her a mate, declaring she "couldn t see ths corn fed products of the west," is today busl ly engaged In sorting ths contents of three lirgs mall sacks, proposals of marriage from eligible bachelors, "corn fed' and otherwise. ( No one suspected the matronly lady who entered tha Congress hotel with her maid, .of being the owner of the six figure fortune, who had a hankering for a cultured eastern husband. She Immediately made herself known, how ever, took her mail and left with the matt- and-tter -maid -tn-g-taTfcaB. The maid told the reporters that Mrs. Brown wag going to New York, but whether she would enter tha matrimonial lists in ths east the maid did not know. 33 5l" 4i 1331 20 6714 165 Z4'i 168 26 35 57 20 114 115 ii8 i28 11614 161!162 89 36 108 76 is" 164 '68 111 601? 14 75' 79! 79 .... 28 Two cars of rattle arrived at the yards In North Portland this morning from SweetwaterTexas, shipped by. A. B. Vreenmaler. They are feeders. The run was was light, however, the other shippers for the day being C E. Luckey. Condon, one car hogS and sheep, and W. E. Eddon, Carabana, Or., two cars cattle. The markets were reported steady, .but sales were confined to a few bunches cows. Some weakness has been shown in the lamb and sheep mar kets during the week and some predict a slump in the near future, but there Is nothing to indicate this with much of a certainty. The demand for feeder steers IS' good. South Omaha "reported hogs lower this morning. Receipts at the yards for the week In North Portland were: Hogs. 2147; cat tle, 1771; cUvcs. 97; sheep. 7003. General sheen ranse: Seleet spring lambs $ 6.75 Ordinary spring lambs 6.00ff6.60 Poor sprlnjf lambs 4.00 4.50 Yearlings 4.004.25 Old wethers 4.00 4.46 Fancy ewes 2.60(313.00 Ordinary ewes . 2.60 3. 00 North Portland cattle prices: Heavy fed steers $6.9507.00 Fancy steers 6-50 Choice steers 6. 257. 00 Common steel's 6.60(5)6.25 Fancy cows 6.0006.20 Ordinary cows 6.50(g6.00 Heavy light cows 6.50 Medium light calves 8 00 Heavy calves t.10'8'4.60 Rpst hulls 5.006.00 Ordinary bulls 4.004.60 General hog range: Select light $ Select heavy I'S?S?'5!J Medium light 7.758.00 Medium heavy 7.507.8o Poor light 6 00S5 .2 Rough heavy 6.00 6.25 Saturday's Livestock Bales. COWS. Av. Lbs. Price. 1 cow 1020 $4.50 8 cows 1062 6.0.1 26 coiva' 94 6.95 26 cows ... 966 6.95 ' (Spacial to Tha lonrnaU Vale, Or, July 13. Of all the rail road construction going on throughout the northwest, Vale is perhaps the bus iest center. -The Oregon Eastern is pushing its way from this city with all speed. Grading is under way for 75 miles west of Vale, the roadbed is completed for' the first 35 miles, bridges are under construction, rails are now being laid, and already the eon. structlon work train is rolling several miles past this city and heading for the great Harney country. Within another week ths big track- laying machine will have arrived in the local yards and laying of steel will then' begin in earnest.. No delay is ex pected in the first 35 miles of track and that' distance should be completed by fall, making the Jordan ranch a terminal point for further operations. Railroad "Brings" Townaits Kan. Vlth the laying of ths first rails on the Oregon Eastern location of new townsites are being announced and numerous sidings have already been granted by ths railroad officials through the Malheur canyon. An im port ant one is to be Juntura, on ac count of its location as s distributing point for the Beulah, Drewsey and Agency sections. Juntura is 70 miles west of Vale, in the center of the rich est little valley in the western part of Malheur, containing 9000 acres. The Juntura tract Is mostly owned by the Wood, Corbett and Hanley interests, and according to J. Q. South, who is connected with the big estate, and who is In charge of the Juntura property, 1000 acres is to be platted into a town site early next spring when the rati road reaches the townslte. Riverside. 10 miles beyond. Is also slated to be p:cJ on t.e rs'.;rf4 t To date the railroad company ! gr,i,i. ed sidings on ths Hope ranch. eU: . ml las west of Vale; in Little va;!r : mile post 20; on the Harper ranch : mile post 25. and on the Jordan ran. i at mile post $5. which Is to beco ra the terminal for hauling of supple and material from the Vale yards. Who ths Inb-Contraotors are. At mile post 80, near Riverside. Carey brothers have Just located several camps' and their work Is starting in earnest On Juntura flat. H. Dargill has a grading machine and dump wagon that make the dirt fir and tn order to facilitate hauling in. of material and supplies to the western end ot ths railroad operations a new wagon road is being built along tha right-of-way ' through the canyon from Juntura, to Riverside. v. '- At mile post (7 and vicinity the Banks brothers have a large tore of ' laborers and teams at work on grading and tunnel No. t. Near Vale la the outfit of w. w.j Brown, and' at mile posts 39 and 40 the Utah Construction forces are busily engaged in boring the big 2600 foot tunnel. A S00 horsepower compressor is bslng Installed there for the generating tf electricity to" drlvr-" the drills and also to enable the carry ing On of the work during the night r as well as in daytime. Operations in this tunnel are moving as rapidly as : could be expected on the west end, but slides in the east end1 haws been caus- ' ing considerable trouble and delay. The Wasatch Construction eomnanv has three large camps east of ths tun- nel. O'Nell has big forces at work on the Horn ranch, 85 miles west of Vale, and Goldsmith Is on. the Harper flat be tween mile posts 23 to 10; . Temporary Bridges H Up, ' . Bridge men are busy constructing J temporary spans across the rlvr cross- - : ing so that no delay can be caused to the tracklaying of the first 35 miles, , which is to begin in earnest as soon a a th, sw 171. ,...1.1...... . arrives nere rrora the east on July IS. The present steel laying is being dons oy nana as tne crews arrived here, sor, oays ago. 44 133 -20" 67 164 Z4Mi 167 25 36 66 19 113 115 115 iii" iis 123 116 89 24 24 24 86 108 76" RURAL MAIL MAN MAY GET MORE PAY Y. M. C. A. Workers to Speak. R. J. Clarke, who has charge of the Industrial work of the Y.,M. C A. In the north end. will deliver an address in the Sellwood Methodist ehureh. Bun day night at 8 o'clockServlce In ehargs of the brotherhood Because of tshlgh melting point ' tungsten Is being used In an experi mental way- In the place of platinum on the contact points- of induction and spark colls. 123 115 86 108 IS 163 67 111 60 51 Total sales, 170,600 shares. New Tork Cotton Market. Jan. Feb. Msr. May July Aug. Sep, Oct. Dec. Open. " High. Low, - Close. .... 1241 1240 1235 1240f41 .... 1244 1244 1244 1244f46 .... 1261 1253 1243 124960 1260 1261 1266 1267a58 1208 1210 1204 1206406 .... 1215 1216 1209 121 1fl3 .... 1225 - 1226. -1220 1223424 1236 1237 1228 1231 32 .... 1242 1246 1237 12403'42 Senator Bourne Outlines Pro visions of Bill That Is Up to Senate. (Pn-eiil to Tha Jnnrntl.l Aurora, Or., July 13. State President Kraxberger of the Oregon Rural Car riers' association has Just received the following letter from Senator Bourne, which Indicates that tha rural carrier is about to come In for a substantial In crease In salary: "Replying to your letter of June 25, will say that the house bill provided for an Increase In the compensation of rural carriers of $1074 per year. The senate committee has not yet acted on this provision, but the discussion Indi cates that the members are not unfa vorable to the plan of increasing the compensation $44.75 per mile per annum for each mile In excess of 24 miles, with a corresponding decrease of a corre sponding amount for each mile under 24 miles. The committee has tentative ly adopted a proviso fixing the compen sation at $1100 per year and leaving the apportionment on the different routes to be fixed in accordance with the same plan which now prevails. It Is impos sible for me to indicate what action will finally be taken, except that there seems to be an almost unanimous senti ment In favor of an Increase of 10 per cent In the salaries. I apprehend that It. tha Jb.LU- BkQUld.be. jaaaed as naw.xfln- htsopsxs or the AjnruAi sTATSMzirr or txb ROYAL INDEMNITY COMPANY 1 of New York In the state of New York, on the 81st day of December, 1JH, rnade to the Insurance Commlsloner of the state of Oregon, pursuant to law: TT" CAPITAL ' . ' Amount of capital paid up ..$1,000,800.00- v INCOME Premiums received during the year : $ 619.682.23 Interest, dividends, and rents received durng tha year 27,366.09 Income from other sources received during the year ... 31,084.47 Tot&l Income $ 9SI.12l.T9 DISBURSEMENTS Losses paid during the year, including adjust m e n t ex penses, etc $ 82,864.04 Commissions and salaries paid during ths year (Includes traveling) 293.049.04 1 Taxes, licenses, and fees paid during the year 17,094.24 Amount of all .other expenditures, legal advertising ... 11.903 24 Printing and satlonery, furniture ana fixtures, postage, etc. 114.180 49 , Total expenditures $ 8ij.59t.0j A883ET8 Value of stocks snd bonds owned $1,890,762.57 uun in o&niiB u.nu uii noim iva,fi.n Premiums In oourse of collection and In tranemlslon Interest and rents due ana accrued 178.608.95 24,006.14 ?otal assets otal assets admitted In Oregon .$1,898,848.03 $l,J3,848.b3 LIABILITIES Gross claims for losses unpaid $ 60.670.51 Amount of unearned premiums on all outstanding risks 806,064.66 Due for commission and brokerage 42,539.91 All other liabilities, salaries, rents, expenses, bills, etc. 7. J 35.03 Federal, state and other taxes 8.838.00 Total liabilities '. $ 414,118.01 Total premiums in fores December 81, 1911 $ 677,04$.05 BUSINESS IN OREGON FOR THE YEAR Gross premiums received during the year $ Premiums returned during the year Losses paid during the year Losses incurred during tne year ,........, 1 11. t j 1 1 7,9. 997.68 881.84 JQ.$L ROYAL INDEMNITY COMPANY By a FLINZZELL, Vice President Statutory resident general agent and attorney for service: v ' H R. BURKE. Portland. Oregon. Vv'ETHERBEE, RICHARDS ft CO.. - General Agents, Teon Building. Portland, Oregon. GOVERNOR GIVES STAR SH TO OHIO templatrtl by members of the commit tee, the department would increase all salaries 10 per cent over what is now paid. "What do you think of thls7" Kraxbrger has been a tireless worker In behalf of the carriers since his elec tion to the head of -the organization, and la urging rural carriers to remain in the service until they get their increased salaries under the new law. A watch with a bell, that may be set to ring at a desired hour, on the prin ciple of an alarm clock. Is a novelty. 3 TBAHSPOBTATIOW. 1 Slim Bureau of Ttsa loarnatk Salem. Or, July 13. Governor West today honored a requisition for W. J. Staptsh, who is wanted in Sandusky county, Ohio, on a charge of making a report containing false ststsments re garding the property Of the Indiana Mining company In 1906. Staplsh Is now n resident of Hermlston, where he Is prominently connected with Irrigation Steamer Anvil Sails from Couch-street Dock Wednes day, Julv 17, 7 p. m. Tor Hewport, Florence and Bandon. Freight and Passengers Frank Bollum. City Ticket Agent, 118 8d Phones: Main 628; A-4695 C. E. Brown, Frt. and Pass. Agt.. Couch St. Dock. Phones Main 861; A-4161. Los Angeles and Baa Dlago Steamships TAX.B KAXTAJtS Railroad or any ship to San Franclaco. the Exposition City. Largest, fastest projects. He has made a vigorous fight .... .. ... ni H. JL LlvnlllUII .MJ. AXWHva,., against extradition tnrough nis attor-1 d th ONLY atrlctlv first class pas- ney, Senator Claude McColloch, of Baker, aerger shlvs on the Coast; average speed Extradition was asked for on two In dlctments, but the governor only recog nised one. Senator McColloch stated while hers that If extradition was grant ed he would take the case into the courts on habeas corpus proceedings. Special Agent C. R. Harris, when he left here today for Hermlston with his papers to get Staplsh, said he expected to he held at Pendleton to fight the case out in court. 28 miles per hour, cost $2,000,000 each San rrancisoo, Portland Xios Aagelea S. S. Co.. FRANK BOLLAM. Agent M:n 2 198 3BP BTBXET. A-4596 LUMBERMENS NATIONAL BANK Chartered July 6, 1908. Deposits. .$USS,444.01 Comptroller's call June 14, 1912. Deposits 5,171,509.92 Oaln in deposits, average per annum . . . 983,266.00 CAPITAL $1,000,000 Bayocean Wedding Is a Surprise. '"partiil f "Hit Jnurnnt.' Bayocean, Or., July 13. A "surprise" wedding wss celebrated here, unbe known to the friends and families of the Interested psrttes. A bashful re quest for the use of the hotel parlors at the Annex sounded rather suspicious from the usually self-possessed Ralph Cadey of Tillamook, who, together with Miss Rose Shel, Mr. Beals and his sis ter, and the Rev. Mr. Shrode, formed the party that landed from the afternoon boat. The situation was explained and to the strains of "The Sweetest Story Ever Told." Miss Shel became a bride. An Impromptu reception and dinner dance followed with the bridal party as hosts- snd - the- hot t- folks -as rtieatg The news of the wedding was a sur prise among the popular younger set of Tlllsmook. This makes 10 couples to arrive since the first of July. BAN FRANCISCO, LOS ANGELES AND SAN DIEGJO DIRECT WORTH PAcmo B. a. CO. 8. 8. BOAROEB and I. 8. EX.DZB Ball Iery Wednesday, a'ternately, at 6 p. Ticket offlrf 122-A Third St., near Al Phones Main 1114, A-un. MARTIN J. HIOLEY. Pass. Agent W. H. 8LUS6ER. Freight ' Agent m. lder EXPRESS STEAMERS FOR San Francisco and Los Angeles WITHOUT CHANQE 8. B, Boss City Balls 9 a. m., July 18th. Tha Ban rranclsco r Portland 8. S. Co, Ticket Offleo 148 Third 8ft. noses Main 8605 an A-1408. COOS BAY LINE STEAKBKXr BBBAKWATSB. Sails from Ainsworth dock. Portland. a. m., July 2, 9. 14. 19, 24. 29, August 3, 8.-13.-18, 53V irFrefgni received at Ainsworth dock dally up to I p, m. Passenger fare first class $10. second class $7, including berth and meals. Ticket office Ainsworth dock. Phones Msln 3600. A-2332. FIRST NATIONAL BANK CAPITAL $1,500,000 SURPLUS - $900,000 OLDEST NATIONAL BANK WEST OF THE ROCKY MOUNTAINS 1 Ladd frTiltonBanit ESTABLISHED 1859 ! Capital Stock - - - $1,000,000.00 : - .' Surplus and Uncfiviriec! Profits $800,000.00 COMMERCIAL AND SAVINGS ACCOUNT5 Letters of credit, drafts and travelers checks " Issued,- raflabler in-all -parts-of the-vorld Corner Third an3 Washington Streets