G THE j OREGON SUNDAY JOURNAL, PORTLAND, t SUNDAY. MORNING, JUNE 7, '1914. V SWINE MARKET WORLD HAS EFFECT UPON E OF GRAINS Money Conditions ' Abroad Are Not Favorable and Simulative Inter but "In American Cereals, There tore. Is at a Very .Low Ebb. IJ)r Wyman J I. Cohen. Financial -ondttioni tjirougliout the World ar eluding irjucji uncertainty regarding the future pi-ice of cereals and especially wheat at. .Pacific north Vent point. While It I generally believed that most of the big exporting Interest!, are really mote bearish -jn their ideas than t Juatlffd by facts, still money htm been so tight abroad that there lias been a great curtailment In specu lative activity In grain futures. Onlv the fai t : ttia-t the world will not' pifrxluce as big a crop of wheat this Hon as compared with a year ago will aid the growers from escap Jng- from some of this bearing senti merit.. Theie has not been, a seawon for Tnsny years when there was so little lncllnat.Vn among foreign Interests as welt as Nome speculators to speculate J;i grains is at this time. To some ex tent the e perlence of the trade dur ing the seT"i now closing was the , big factor in causing the tiade to go solrfewhat moiV slow in tts derations. J'ew of the exVortlng Interests really made any mo "Jey on their foreign shipments last tfason and soma have ended the year s"lth a deficit. The- situation is" perhaps, worse in regard to barley tian In wheat or oats. The enormous crop of ralltor tila now being gatheitd has been of fered to lOurope at sVC-Ii low prices 'this season bv speculative interests ttiat there Is likely to e only u few M raps of the trade Iff-" for the Pa cfflc northwest growtlt. At the mo ment there is little llknelibood of any grat activity In the movement of I'nclflc coast barley to the cast; In fart, some of the Icadt ig interests liave come to the conclutioji that there will be nftne at all. Oats outlook Is slightly niorc hope ful than barley, but It is toq early to state with any degree of certainty vrhat the crop Ih going to be atui the nil of the price defends upo.n the totsl yield of the country. -: The great strength' hown in the Rraln bag market can be jtttrlbuted di rectly to the greater grain crops of California than anyone would have expected a few months ago. The call for bags has been rather pt-rslstent from the south becuune the trarje there purchased far less than probaJale re quirements. Trading in the flour market Is prac tically suspended. Only a very nom inal volume of business has been re ported recently and there Is at present no indication of an Improvement. WHEAT Producers price, track Imsj's; flub. 85?i8ii". milling blue st. ru.. 8 Sc; fortyfold, 86c; vulley, 86 7c: red Russian, X4e. OATH Buying price: No. 1 whit fred, t'il per ton: grav, $21.00. liARLKY Producers' i.rice. track basis: Feed, $20; brewing, nominal, $21.60 per ton. KI,Ol'R Selling nrlce: Patent. $4.80: Willamette vallev. $4. SO; local straight 34.2; export. $'i.90U'i.OO; bakers, $4.60 ; 4.80. HAY Producers' price: Willamette velley timothy, fancy. $13. torn; 14.00; eastern .Oregon-Idaho fanev timothy, $1.00 16.50; alfuifu. $13.00 rsi 1 3.5 i; v-tch and outs. $11: clover. $9.00 & 9. 10 r.er ton. UltAlN .BAGS-No. 1 Calcutta, fu ture dellverv. $8.75i)'-.00. MIL.I.HTUKFS Bran. 23.5024; short.-. $20.5027.00. JOIiUIMi i'Uin OF I'OnTTiANl' These price are thone at which wholesalers tail t. retailer, except as therwtse etnted: BL'TTfcK Xmnlnii) W :ilun-ne alley cream ery, ejle. selling price. 21o; atate prints, 26&:Tc; raucb Lutter, ISc; city creamery. 87 He. bUTTKH KAT No. 1. Portland dell Terr. 2tk lb. ff;a Selected. Candled Iocs I. eitra. '31022c; caae count, 21c; buying f. o. b. Port land. lO'Vii-'Cc. blV'll I'lfl I.'I HY Iloni. 13fcci broilers. SO it 23c; tui, live BWKe. :2c; (lucks. I0t&12r; Inkers, iMi-; ilreK-d. 2.V; plifeuus, old, t.(Xl ' ui.a: auuo. s. .ui.i iiozen. CHfcKKK Nouiluai. Cran t.rejron fancr full cream tsrltia aud triplet. 6o; dalalea, 18c; oans America, 17c. Fruit and Vetatablea. RERJTIKS Craunerrlva. Uioul. $0QxtiO per barrel; eaatern, 2; atiawberrles, Oregon. Slfcl.SO. Kt-M FRUITS Clranie. nH. 12.23A 8.00; tangerine. ; 1.7.VS2.U0: banana. lb-; leiuiu". fl.ol'ia'; liuic. $l.uo per luO; xrupefrult. Ollfornlu. ;i.JT. : pineapple. ley cberrle. JKttliic lb.; coowberrle. Uo lb. itrawberrW ., 0OcU$l ' crate. VKOKTAHI.K8 Turnip $l.t0; beeta. $2.00; earrota. $1.73; iarulm, $1.K sack; eublmjre. local. 2c; California, lc: Florida tomatoes. I-4.&0 "crata; Mexlcau, $2.&u&3 per lug; green culonf. 12VjC docen buuebes; pepper, bell, SOc; bead lettuce, $1.2od(1.7S crate: bot bou lettuce, $1 per Don; elery. Florida. 3.7S pet crate; egg plain, 2.c: cuullflouer, local, ( 1; California. 1.5i(g2.00 crate; French artichoke, H5c dozeu; c;rvuU. ( ); itrlng bean. 8(dl''c; Mm beau, ( ); pea. 23 8'lb. iplnitch, 75c box; aparngua. Wall Wall. $1.2.- iht Ihx; local 1. 25 wr ,,. tiuncbi-a; bot house i-ocuuibert, SDcfSH per ka'n . ONIONS California red, $3.00a3.2i sack:; garlic, 12HW15C lb. I'OTarutMS txMiing prli-e: Extra hnlM. P0efl; choice, KOc; ordinary, 7oc aack; new ' Sl.8oia2.0i. . Hot. Wool and Hide. ' OOPS Bujiug relcd, choice. 14V ISc: prime lSVxUHc; medium to prime. lJc; contracta. 14c. CHI r TIM OK CASCARA, KAUK Car lota, tc; le than car lots. be. MOHAIK IU14 2727V4C. .WOOL Noin'nal. lf14 .ltp: WH'amette val ley coarae Cotawold, 17 c; medium Shrop shire, 18c; cliol -e fancy lota, lm20c lb.- eastern Oregon, H20c, acc-ordiug to shrlDk- -HIDES Dry hidee. S223c lb.: green. a - 12c; aaltad bide. 12Vfec bulla, green aalt btl Sc. Kip. I."! Ho; caWes, drr, 25c; salt sklna cited or green, 18U2Uc; green bldea lc leas than salted; abeep pells, raited, abearliura IvwaO; drr. 10c. ' Most, f is and Proviaions. DBESStD MtAi Selling prn-e Coootrr kllles: IIobs.i fancy, 10c, ordinary, 9. rough aud liuHTj-, t; tnuey Team, liiu,,.! oranary, WVj4Uc; poor, c;- mutton HAMS. 11ACUN, ETC. Ham, 1819Up. bieakfaat bacon, 12'4,27c; boiled ham. 2a2c-plv-ulca, lajc; cottage, 21c. 113 ATS i-aiklug aouae Slieis. No. 1 aturk 13c; cows. No. 1 stock, 12c: evu, . ioAo . wethers, 12c; lauiba. l-yic; pork lolus. reed hoga, 12Vjc. c. OVl'h.K Snoalwaler bar. -er gallon . per 1UO lb. aack t ); Oljapu, per gallon a.0O; per 100 lb. aack (-; canned eat"?S" foe can; 8.bO doei; easteru. In Ueil si tsm . J1.00 per loo; rasor clam. i2.ooa.2s 'bo? sterr. oysters, ua Rallun. olld pm-k. ;i , ehloook sslDxm, im3Uc; blucbacks, ' I0c' BSUDUl, wiic m., unuii, iii,c- iwrch Ht,i So lb.; lobsters, aic lb.; silver siuelt, ScTih.d lQc, roe sbsd. v lb.; tuloion trout, 12U.P XaRI Tierces, 11 he; compound, tierces 10Se. ' CUAB3 Lsrge.2.00; roJ;Ura, dozen. - QrscsrlH. : 8CGAR Cube, ttt; powdered. 15.13- frnif or berry.. 4.tt3t beer.. .7o; ury grsuiUud. M.f4.jitow..a5. (Above quotations s .BICal Japan style. No. 1. Z'AZ5ei v.. . clieaiu, bead, 6fcfcc; Creo.e, fific HOMiY New. fj.io43.fto per - BKAMJ Small wjbUo. Se; UrBe whl tplul, 6jiwci Umaa, 7c; bayt Jc; : : sALi i-oerse, nsir grouDds. 100s. Sto n tie; We, lu,75: table dairy. 5u. lis- fiZ. S2I-60; bales, 2.; extra line barrels zZ Oa SD4 -lUs, fe.2oUo.UU; lump tuck. 50 " Paints Dd Oils, LlSEO OIl-Usw bbl.. Sic per csl - fc.t- Ue oouea, Don, ,t.re, rsw mea, oe: -boiled ! , wv V& BMiwpk. ic lass ail cake aveaL 644 oer ton ' WHITE CKAU Tou lota. He per lb.; S00 lb. , svia w V lew tuca. ny,c w in OIL UKAfc Carload lots. 534. lUUi'tMiMr-in cases. 7;e; aood barreU TOct Iron barrels fSc urr- nun 'COAL OIL Vettr white ou drum, and lANCIAf PRIC PRICES HAVE STEEL INTERESTS SEE SIGNS OF FAIR IMPROVEMENTS IN CONDITIONSOFTRADE . New York, June 6. The dawn of prosperity for American Industries will come In mid-summer or early fall, ac cording to tbe consensus of opinion expressed by many prominent leaders in the Iron and steel Industries, who attended the annual meeting of the Iron and Steel Institute In this city recently. W. F. Thomas, president of the Briar Hill Steel company, Youngstown, Ohio, said: "The condition may be summarized by the statement that depression Is based in the ratio of 25 per. cent on real causes and 75 per cent on a false ly based sentiment. The warehouses of the railroads. Jobbers, manufactur ers and retailers are down almost to rockbottom In stocks. They cannot continue to refrain from buying in ex tensive quantities on all hands -within the next few months. We are in the swing: now and may shortly expect a. remarkable period of expansion. "It may be true that tariff changes have seriously affected the iron and steel Industry, that continuous agita tion of business by anti-truBt actions and legislation have also contributed to the depression, but I say that with the pendulum on the swing the ieaders In all lines will soon recognize they are on the wrong track. Fundamental conditions, such as crops, monetary situation and depleted stocks are trie best contradictions to the pessimistic views in the east. "I have had a long conversation with a colleague in the steel Industry in the west. lie tells me that' he left his home town with the feeling that things were fairly good not quite as excell ent as be might hope for, but still In a fair state. As he came farther east and met his 'associates in this com munity, their pessimistic sentiment ac cumulated so rapidly that he is now feeling; more blue than the others. It Is .ibsirrd that this is so because there is no real foundation for the feeling.' A. F. Houston, president of the tu ken Iron & Steel company, Coatesville, Pa., when asked for his'opHnlon on the lrn.de outlook replied that mid-summer will mark the beginning of a trade fot.om in this country. S.'ome complaint was made that the recent tarirr changes have had a traa effeftt on the iron and steel industry. The competition with cheap labor pro ducts of Europe has exerted a depress ing influence on tne industry as a whole. With the resumption of a live- STRENGTH IS AID TO WHEAT AND PRICES RESPONDING Chicago Market Closes Fractional ly Higher; Higher Liverpool Is Good Thing for Domestic Trade in the Cereal Line. Chicago, June 6. The firmness In ccrn and the higher Liverpool cables gave wheat a strong tone at the start, but there was free commission house selling on the rallies, and the early advance was wiped out. The cash situation is firm so far as old wheat is concerned, but the general advices in rpararrt tn new croc are too bearish to encourage much buying by the public at the prenent time. With the fxcention of Liverpool, foreign mar kets showed an easier tone. Receipts are light and the offerings of cash wheat are moderate. With bullish old crop developments and the bearish new crop situation, the market is in a two-sided positioo. The bear news bas been pretty well discounted for several weeks past. Corn trade has been fairly active, and prices have scored good gains. Liverpool cabled that a cargo of La Platta com had arrived at Rotterdam in bad condition and that La Platta offers were firm. From present Indi cations the Argentina situation will not be much of a bear factor for some time, while the strong domestic sit uation encourages belief in higher prices. The demand for oats was fair at the start, bnt indications for more rain cheeked the buying, although corn was strong. Fair rains in some sections were reported, but rain is badly needed in other sections. John Inglis reported from Harper, Kansas: "Wheat Is showing perfect filling through southern Kansas, fields run even and uniform, yields promise to be large, weatner favorable lor ma turlng, will commence cutting soft wheat next week, general harvest about fifteenth; all crops good here. Range of Chicago prices furnished by. Overbeck & Cooke company, 216-217 Board of Trade building. WHEAT. Open. High lovr Julr "6 87 Vx 86 Kept 85 sZ 85 854 Dec. ST 87',i 87 CORN. Close 86 B 85U : 679, A juw : fio 70 e9 Sept 67V4 67 67 Dec 68 69 68 OATS. 70 A 67 A 58Ts B CORN July 39 40 , 2 40 Sept S7V, 88 87ia 87 PORK. July 2040 2045 2040 S045 Sept 1990 . 2005 1990 2000 LARD. ' July 1002 1007 1000 1007 Sept. ..V 1015 1025 1015 1025 RIBS July 1130 1132 11S0 1130 B Sept. 1132 1140 1132 1140 Walla Walla Grain Begins to Ripen Walla Walla, Wash.. June 6. Golden fields of waving grain now dot the Walla Walla valley In many Dlacea. and within the next few days the ifrst chapter of the record harvest will have been written the wheat hay matting. Only the cool, cloudy weather of the past week prevented a number of the farmers in the lower part of the county rrom starting operations several days ago. and it is considered certain an other week of warm, sunny weather win start tne mowers. In the foothill district the fields still are green, although heading out nicely. Toward the west, where light land farms are located, the wheat is neaaea. ana in many instances the grain has started to ripen. The straw crop will not be unusuallv heavv. ac cording to the farmers, but the yield will be fully uo to the average, barring hot winds, and the quality as good as could be desired. In some of the light-land fields the grain heads are not as large as had been expected by the growers, due nroDSDiy to a iaca or moisture in mose regions at. tne proper time. How ever, they kernels are said tn b fill. Ing rapidly, the berries promise to be Eiump ana tne neaas well meshed, rjrlnsr sown wheat Is in TKoil.n rn dition, andwhile not so far advanced as that sown last - fall, stands a fair cnance oi yieiaing equally as large re lUIUDi San Francisco' Barley Calls. San Francisco, June 6. Barley calls u una o . j une e Close Open Close Ieo. ..105 10o 104 May 108KB 108&B 109 Journal Want Ada bring results. BEEN ENTIRELY TOO LOW Sn Trad XmproTsmant.' ,. "I have backed . tip, tny Judgment that trade Is on the mend, that Sep tember will see the beginning of sub stantial trade expansion, with a pur chase of 50,000 tons of basic pig Iron in the last few days." A. F. Hous ton, president of the Lu ken's Iron & Steel company, Coatesville, Pa. "Pessimistic trade sentiment In the east Is the real cause of de pression. It is ridiculously absurd, for fundamental conditions are ex cellent and all the legislation or legislative threats in the world, can not overcome that fact. Mid-summer or early fall will witness the beginning of a remarkable and In evitable trade expansion." W. F. Thomas, president of the Briar Hill Steel company, Youngstown, Ohio. "The United States is bound to prosper. If we are careful of our business and husband our resources, if we have courage and persistence we will come out all right. I said six months ago that, In my opinion, we were approaching the door of prosperity. Do not . forget that we are six months nearer to that door." Judge Elbert H. Gary, chairman of board, United States Steel corpora tion. ly domestic trade, however, this fea ture, it was conceded, might be render ed comparatively unimportant. More than five hundred representa tive iron and steel men, from all parts of the country attended the session of the institute. Judge Gary presided at the sessions. In his opening remarks he emphasized the need for co-opera-tiff n among the members of the in dustry. Judge E. H. Gary, chairman of the board, United States Steel Corporation, said: "Without intending to emphasize the conditions which obtain at the present time, I would be- less than frank and truthful if I failed to admit that business-is-not as good " as I would like to have it. I would like to say Just what is fn my mind as to conditions and causes, but perhaps, that is unnecessary." Judge Gary then raised a laugh by saying: "I said six months ago. at our annual meeting, that the dawn of prosperity was at hand, and, gentle APPLE LIKELY CROP LESS TO PRODUCE RECORD THIS SEASON Prospects Ntk So Favorable and This May Be Influence in Aid. ing the Price; Early Varieties Show a Heavy Slump. By Hyman H. Cohen. There will be no really heavy crop of apples along the Pacific coast this sea son, contrary to reports received sev eral weeks ago. California is estimat ed at from 60 to 76 per cent of an av erage crop, and the former figures are most general, u na croD in uregon is estimated at practically 5 per Cent more than a year ago. while Washing ton and Idaho will likely show an in crease of 10 per cent. There has beenan unusually heavy dropping of early apples at all points in the Pacific northwest during the last 10 days. While some of this drop ping may be considered a good thing, as It will thin the trees better than humans can do the work; still tne out look for a bumper production is much less favorable than formerly. Perhaps this is one or the very Desi things that could have happened to the ciop at this tme. Owing to the most excellent prospects for apples along the. coast, there has been a tendency among the big eastern buyers, as well as those from roreign countries, to expect much lower prices for the com ing season. It Is generally the rule that big crop is overestimated, ana the outlook Is for just that condition Some of the big selling agencies have been giving out advise to their affiliations recently, ana an mis nas been permeated with the talk: "Don't expect a high price for your apples the coming season." This advice is cneap, out mere- is much doubt at this time In the former belief that values will go to the bow wows. The crop in the United States this season does not promise to be an extremely heavy one, and' conditions abroad so far as the probable crops are concerned, are not such as to unauiy alarm the growers on this side. More and better markets are yearly being captured by the Pacific north west, and, even though the output was a record one last season, there are no indications in sight ror any serious s'.nmn In values. Present Indications are for a 75 per cent drop of .pears In Oregon this sea son, and this is expected to oe consia am hi a n tri to thoi nrlce. Prune crop conditions . are showing practically no change, although the be- lier now exists tnat recent reports 01 damage have been somewhat exagger ated. The market Is reflecting this condition. . There is no doubt or tne snoriage or the cherry product, and especially the Rovnl Anne at Pacific northwest points. Other varieties are snowing an output more near normal. The loeanberrv crop, as well as the blackberry crop, will undoubtedly prove one or the greatest ever snown in tms section. This is especially true 01 10-r-nrm. which not onlv have a greatly in creased acreage, but the vines are full of fruit. BOSTON COPPER QUOTATIONS (Furnished by Overbeck & Cooke Co.) sosion, June o. copper diqs Adventure . 1 Miami 22 Ahmeek ...270 Allouei .... AOM Arcadian .... 6 Ariz. Coml. 4 Ariz. Cons . 47 Baltic 1 Black Mtn.. 28 Boston Ely 24 Butte Bal . 1 - Cactus .... 1 Cal. & Ariz. 65 Michigan .. 60 Mohawk ... 44 Nev. Cons..'. 14 NlDlsslna .. 6 N. Butte ... 25 4 Ohio CoDDer 34 Old Colony . 4 Old Domin n 48 Osceola .... 76 i'noenix .... l i Qulncy 66 Raven 12 Rays Cons.. 1 Cal. & Hecla .412 Centennial . 16 Chief. Cons., su Santa Fe . . . 1 Shannon ... 5 Cons. Mer. Daly West 40 ?! south Lake. 36 Davis-Daly East Butte. Franklin . . Goldf'd Cons Greene-Can.. Granby . . . . Hancock . . . Helvetia Houghton . Indiana . . . Inspiration Isle Royale a Salle ... "Lake Cop. Mason Val. Mont, & C. . , Mass. Min. . 70 Superior ... 28 Sun. & Bos. 1 Swift. Pack. 107 li 31 Tamarack .. 35 Trinity .... 3 83 15 25 -ruoiumme . 85 United Zinc 16 u. s. uoai . . 33 Utah Mining 10 29 Utah Apex . 1 17 20 utan uons- . &5& 1-Victoria .... .2 4 winona .... z Wolverine . 40 74 2Vs wyanaot ... 50 15 s Yukon Gold. 2 New York Cotton Market. Open. High. Low; Close January ...1260 March 1262 May 1278 Jtily .. 1322 August ....1310 October ...1273 December ..1273 1260 1259 1269060 1265 1259 12636 1280 1277 12606 1322' 1313 1131962 1310 1304 1 1306007 1274- 1266 1270071 1272 1266 1271 72 men, - don't forget that we are six months nearer the dawn." - , : "In times like these," he continued, "we should consider not only the pro priety, but evea the necessity and pleasure, of being- fair, reasonable and generous In our treatment of our em ployes and the treatment of one an other. "It isn't necessary to speak of gen erosity to customers, for they are taking- care of- themselves. But this 4s the time to take care of each other. It pays In dollars and cents to occupy and pursue that course. "There is no man or Institution so capable, intellectually or otherwise, .to be in a position to Ignore the rights of others. I am dealing in generalities without intending to refer to any In dividual or company. We are all on the same basis, and we must try to help one another. ' "There are some favorable things to be "considered in the present situation. In the first place I would point to the crops. They are something which can't be taken away, even by politic ians. The crops are growing and we are going to have ah abundance. They will have a big influence on business. I believe we will see an improvement soon. The country is as big as It ever was. It Is growing and I think the depression is only temporary. If we husband our resources, have patience, courage and persistency everything will come out all rigjht. "But I think I see more important signs of the day. I believe there Is a well defined sentiment to give bus! ness. even hie business a fair chance. The man In office or about to accept candidacy for office who will have the courage to stand up and declare that it is time for the people to stand up and realize that there is no great happiness except with material growth and prosperity, is the man who will receive the support of the people, and I believe we shall see more and more of that kind of man In the near ru Ltiire" I . . Charles m. Schwab, head or tne Bethlehem Steel company, who was one of the last speakers at the dinner at the Waldorf last night, declared that the note of pessimism which appar ently 'prevails throughout the trade, bus made him. a confirmed- ODtlmist. pessimistic. Summarizing his feel ing In the matter, he said : "Business Is bad. ' It's bad. That is my story. I am going- to say no more." Preceding this, however, he struck a note of optimism by expressing the hope that 4he turn was not far off. SHORTS COVER WITH TALK OF A DECISION IN THE RATE CASES New York Stock Market Bullish With Generally Higher Close; Well Liquidated State of List Shown During the Trading. New' York. June 6. The well liqui dated state of the stock market list was demonstrated by the course of f trices at the week end. Reports were ndustriously circulated to the effect that a decision In the eastern rate cases would be handed down over Sun day, and such advices produced more or lees consternation among specula tive sellers, with the result that an aggressive covering movement was In augurated and prices responded easily In view of the limited amount of long i stock pressing for sale around prevail ing levels. Conditions at Paris are In a rather acute state, and affairs In London somewhat the same; but with regard to the latter it is thoueht that the at mosphere has been somewhat clarified by this morning's announcement of the financial mortality of that institution whose status figured so prominently In the advices some weeks ago. The French are being forced to con tend with legislative proposals of a drastic nature, and it Is anticipated that the formation of a new ministry will be attended by much difficulty. Liquidation, however, in that quarter has been In progress for some time. ro it is not zeit tnat JNew xork will be forced indirectly to contribute much mer man pernaps a further supply of ellow metal, durina- th np.rinri nf re adjustment through which continental rnaraets will probably have to pass venule cunmuon? are again serene. rrom a ac-mtstic viewpoint, the traae continues to adhere to thnsa ieWS Which havn hepn aTnncu or. often recently, which In effect arA that pessimism has been carried to the extreme, and thnt wtiiio murnia rn. a time may be slow, the next move ment oi consequence will be In direc tion of betterment, both in commercial and financial lines, unless, of course. the rate decisions, when rendereo. should be decidedly unfavorable. Range Of New York nrlrai by Overbeck & Cooke company. 216-217 Board of Trade building: Open! Hlghl Low Clone Amal. Copper Co American C. & V., c. American loco., c American Sugar, c. .. American Smelt., c. .. Anaconda M. Co. .... 71 61 108 108 108 81 88 80 83 Atchlsou, c Baltimore & Ohio, c... Brooklyn R. T Canadian Pacific, c... Central Leather, c.... C G. W.. c C, M. 4 St. Paul Chicago & N.-W.. c... Chlno Copper Chesapeake & Ohio ... Colo. F. & I., c 183 34 13 0 40 61 27 40 614 27 Colorado Southern, c. . Consolidated Gaa 12H 129 Corn Products, c u 11 28 43 80 Denver & 11. G., c Erie, c 11 28 43V, oo rlrst preferred . . . Grt. North., ore lands. Gt. Northern, pfd.. . . Ice Securities Illinois Central Interboro-Het., c Lehigh Valley S0 124 V4 124 iii HI IS 15 135 135 K. c. Seutnern Mexican Petroleum . . Missouri Pacific NeTada Consolidated. . 63 18 14 New Haven N. T. Central N. T.. O. & Western. Norfolk West., c... Northern Pacific, e.... 64 02 25 K 103 110 Pacific M. S. S. Co... Pennay Irani Railway. 1H 121 21 liminm P. U., u. A j. uo.. Kay Cons. Copper. . Reading, c 164 aa Tint preferred 88 88 23 Rep. I. A S., c.... Rock Island, c St. L & & F., 2pfd. 23 do first preferred 10 10 83 25 155 Southern Pacific, c 2 24 Southern Railway, c . xenn. copper .... Union Pacific, c. U. 8. Rubber, c. do- preferred ... U. S. Steel Co., e. do preferred ,. . Utah Copper Virginia Chemical W. IT. Telegraph Westlnghonse Elec. 154 58 08 58 78 761 : Total sales for day. 37.700 shares. - Money and Exchange. London, June 6. Consols, 73 9-id sliver, z 13-iea; Dana rate, 3. New York. June 6. Sterltnr t change, long. $4.8; short. $4.89; sil- ver Duuion. otc i San Francisco. June S. Sterling ex ehange. 60 days, $4.85; sight J4.88: documentary. 14.84: trans fers, telegraphic, 4 premium, sight, 7 V cii.uuiu. - AT PORTLAND a- A SHADE-TOO LOW FOR SWINE QUOTATIONS Values Here 'During the Week Are the lowest In Country' and a Change Is Believed Near; Move ment of Mutton Much Heavier. PORTLAND LIVESTOCK RTJN. " Hoga Cattle. Calves. Sheep, week endme June 6 .4809 NORTH PORTLAND 1607 100 84S4 940 101 4449 1054 95 6164 1197 89 .6863 1595 . 34 4701 693 80 6790 1233 40 4149 1618 62 6030 May 30..:... 3488 May 23...... .4490 May 16 3577 May 9.. . . . ,3774 Year ago 1733 2 years ago. .2030 3 years ago. .6693 By Hyman H. Cohen. For reasons apparent only to them selves, although there was a good In crease in the movement to market dur ing the week, local buying Interests re fused to follow the lead of the rest of the country and the result was that for the first time except In a very x tended period the price of swine here nas ruled lower than In any other stockyard market In the entire country. The belief exists In most quarters that buyers can no longer delay ad vancing their bids for swine t in the local trade. While conditions through out the country generally were such during the last week that higher values should have been paid at North Port land, still prices show an actual de cline, with closing ! value for tops General hog market range: Best light, 200 lbs $ 7.80 Medium 7.75 JJeavy 7.507.60 Fat pigs fi.EO07.BO Cattle Conditions Steady. Little change was shown in cattle market conditions at North Portland during the week. There was a rather liberal increase in the marketing com pared with the small movement to the yards during the previous six days, but this failed to have any adverse effect upon prices available. Light stuff was still the most sought after article in the steer di vision. Cows brought. more relatively than steers and the same was true of bulls, stags and heifers. Some weakness developed for calves with the more liberal offering of the week,, and prices closed at a lower point than during the previous six days. General cattle market range: Select light steers f7.75ffr7.85 Good to prime 7.50 7.65 Good to choice 7.00fi7.35 Ordinary to fair- 6.75ffj7.00 Best heifers 6.7507.00 Fancy cows 6.7507.00 Good to prime w 6.0006.50 Ordinary 5.5005.75 Select calves 8.50 0 9.00 Heavy 7.50 0 8.00 Fancy balls 5.5005.75 Ordinary 5.60 6.00 Mutton Trad Fairly steady. While for lambs there was a further fractional loss In the price at North Portland during the week, general trade conditions were considered steady, with little change in values from a week ago. Movement of mutton to market aj North Portland showed a very heavy increase and while at times the buy ing was not brisk, killers did not use this as a weapon to depress quotations generally. Mutton market conditions at stock yard points east of the Rockies were somewhat more favorable, although net price changes were comparatively limited. General mutton market range: Best shorn yearlings ......t4.7505.OO Shorn wethers 4.2004.60 fses. Buurn ewes ......... . 4.25 Light spring lambs . Heavy spring lambs 6.00(1 5.25C 6.25 )5.85 CHICAGO HOGS ARE STEADY Top Light Stuff Is 2 He Higher; Other lines Are Unchanged. Chicago, June 6. Hogs Receipts, 10.000: market steady; mixed, $8.05 ($ 8.35; heavy, 38.2008.30; rough. 18.00 08.16: light, $8.1608.32. Cattle Receipts, 100; market steady Sheep Receipts, 200. KANSAS CITY HOGS HIGHER Market. Up 5c With Tops at $8.23 in the Yards. Kansas City, June 6. Hon Re ceipts, 300; market 6c" higher; tops. S8.2S. Cattle Sheen -Receipts, 100; market steady Receipts 1600; market steady. DENVER LIVESTOCK IS QUIET Top Steers Ruling at $8.50; No Other Arrivals Reported. tlAn van r,M Tiisia C S . -1 r a a a a-- t i vviw.. j uuo w, Vtttue Qyyy Steers, $7.00 8.50; cows and heifers, $6.0007.50; calves. $9.00 11.00. nogs in one. Sheep None. HOGS ARE LOWER AT OMAHA Fractional Reduction in the Price With Tops at $8.07 J. South Omaha. Juna 6. r?nttia T. Hogs 6700. Market . O A 1 ST. D AT. Sheer None. , Mohair for 31111s. Oakland. Or.. Jun 6. E. rv Tntm & Co of Oakland made a large ship ment of mohair to Houck Woolen mills ui jKLciuinnvuie. No Agreement in Abduction Case Jury Said to' Stand 10 to 8 for Con lotion of Kan Accused of heading Moo Against Protestant Xcturer. Denver. Colo.. June . Th ran Robert Owens, accused of comnllHtv In the abduction and maltreatment of me ev. jus spurgeon of the Knights of Luther, following a lecture by Spur- geon, in wnicn ne attacked the Cath olic priesthood, was In the Jury's hands today. The closing arguments were finished, the Judge's Instructions aMv. en ana me iz men locked up to de liberate late Friday. Court attendants said no verdict was in sight this morn ing. Spurgeon and others swore, yester day afternoon, that Owens was not only among, but led the abductors. In describing his appearance they said he wore a gray suit and derby hat. Mrs. Owens and other witnesses for tne oerense testiried that Owens was at home the entire evening of Aom S. when Spurgeon was abducted, that he was wearing a blue serge suit at the time, aad that he owned neither a gray suit, nor a derby hat. At noon the Jury was still out but it was reported It stood 10 to two for conviction. Judge Perry announced that, unless It reported earlier, he would summon the Jury at S o'clock and ask if there were any chances of an agreement. A' disagreement was predicted. . . IV A TDa? P VPflMC : ohm iiimuuioimiio DESERT CITY FOR COUNTRY PLACES Bay City Society Folk Begin Their Annual Exodus to Summer Homes, MEMORIAL DAY QUIET Xaj 30 Devoted to Memory of Soldiers and Bailor of Other Bays lowers Strewn, oa Bay. By Marlon MacRae. San Francisco, June 6. Thousands of people went on week end outings to mountain and shore last Saturday and Sunday, and thousands of others gath ered In Golden Gate park to witness tbe perfectly splendid parade of blooded horses which was a forerunner of Horse 18 day. Thus Memorial day In the city was quiet and the day was observed in tne right spirit. California roses, I Poppies, geraniums, lilies werA strewn with lavish hand on the graves of the soldier dead, were scattered from craft in the bay In honor of the brave ma rines who have gone down In their country's service, and banked about the many monuments which stand throughout the city in memory of our heroes. Mountain's Eruption Mystifies. Of course Mt. Lassen is creating a lot of excitement by its wholly unex pected activity after 200 years of good behavior, and a spirit of anxiety and unrest is manifest throughout the state. This unexpected eruption of Lassen brings vividly to mind the many times reports have gone the rounds In Oregon that Mt Hood was acting "peculiarly" for Hood Is on the same volcanic plateau. Many par ties of naturalists and mountaineers are leaving here daily for Jhe scene of the Lassen disturbance and scien tists rrom an parts of the country are headed towards California to study the phenomenon. . , Social Activities Quiet. There is a regular exodus of society to summer homes and resorts, and one wonders why. Surely San Francisco has the most delightful summer cli mate In the world unless it be Port land yet It seems to be correct form to go where it Is warmer for the sum mer months. The Oregonians, who come here In numbers during the win ter, are showing a decided preference for their own fine climate by staying at home, and nowadays one only meets those who are here on business. May and June weddings have kept quite a contingent In town over the allotted time, but It must be confessed that most of the proverbial June weddings are celebrated In May in this state of capricious seasons. Decidedly the prettiest wedding of the spring season was that of Miss Lurline Matson and William Roth, which was a large church affair of last week. The quaint costuming of the brides' attendants attracting universal attention. Not since the days of our honored grand mothers have society maids been brave enough to appear publicly in the pan tellettes of olden days, as they did on this occasion. The daintily colored gowns were made full of skirt and showed fully four Inches Of the lace ana tuue pantalettes beneath. An un- sually pretty conceit was theuse of crushed leghorn hats for flower bas kets, filled with American Beauty roses and old fashioned Canterbury bells. Only In California could there have been such a profusion of flowers used In church and home decorations. The weekly dances at the Cliff house. Inaugurated by the Douglas Cranes, will be continued throughout the sum mer months, so that those who have to remain m town, or run up from their suburban homes, can have this regular diversion of dancing. Golf and polo are gradually assuming the lead In popularity with the smart set, how- J ever, ana when .the international meets occur sere next summer the experts win nn? the local players in right good iorm. Suffragists to Stump State. The; sister of a state senatorial can didate and the wife of a United States candidate have announced their Inten tion of stumping the state politically In the interests of their respective relatives. The club women of this state are working earnestly In an endeavor to have the Decker memorial fund of $100,000, which has been raised .by the National Federation of Women's clubs in honor of Its late president, Mrs. Sara Piatt Decker, Invested In California. Our local clubs have al ready forwarded a substantial con tribution to this fund and there Is every prospect of' securing the entire Investment for California. The famous yearly Wats on villa ap ple show will be held in San Fran cisco this year, community fruit grow ers having decided to follow th ex ample of Oregon and centralize their exhibits In the metropolis of the state. "Mr. Sunshine Is Pared. We had a few cloudy days here this week and some of the "regulars" at the Palace hotel who are about as lively as the Portland Ad club when it comes to original stunts, had a minia ture "Buttons" lustily page "Mr. Sun shine." To everyone's surprise the sun broke through the clouds and flooded the Palm room while Buttons was performing his rites, and the eastern tourists present decided that both California and Callfornlans were bewitched. , One day this week the local United States marshal decided to give the fish of San Francisco bay the treat of their lives, so he dumped 126 tons of soup and pork and beans that had been condemned under the Poor Food law, near the sacared precincts of Oolden Gate. He had a good deal to say about what he was doing for the fish, but man's inhumanity to fish has come to light through the fact that he did not open the cans, and as everyone knows the California fish have no teeth nor can openers. Pslx Motorists Sn Bouts to Portland. Mrs. C P. Thomas and Mrs. F. R. Regley of Los Angeles motored into this city last Wednesday en route to Portland, making the trip entirely alone. On the first 400 miles of their long trip they bad no greater mishap than a punctured tire, and as both are fairly good mechanicians they felt confident of reaching the Rose City without serious difficulty or delay. D. L. Rich of Portland and Henry M. Turner and family of Salem, were guests of the Manx this week, and John 8 taxi ton, son of Judge and Mra EL E. Stanton of Hood River, also made a short sojourn In the city, en route to Lodl. The Carter Pitkin Pomeroys spent the last week end at Shasta mountain resorts, where they expected to be Joined by Mrs. Pome roy. who has been, visiting Mrs. Scott Brooke in Portland. Miss Harriet Pomeroy expects to go to Portland to be a ruest at the Brooks home later in the season. Oregon visitors at the varlcrus bo- Tales' of Mexican , '(1 United States solitary Aviators Xok om Tlylar Machines aa Intended for Seontinff Purposes IKalztly. -. , (Wasblncton Bureau of Tbe Journal. Washington. June 6. What part the aeroplane may take In war Is a sub ject of tbe deepest Interest in mili tary xlrcles.. However, the military aviators .are not especially pleased j with . the stories about the feats by "bird men" In the constitutionalist army. - They feel that there are very Inadequate reports of what riflemen may have been doing to the flying men and their machines while the al leged bomb-dropping was going on. To do effective work of this sort, an aeroplane must approach to within a distance at which It would make a good mark for rifle fire, and it seems reasonable to believe that any sensi ble aviator, confronted at the same time with the usual perils of his call ing, would find it expedient to keep at a respectful distance from the weap ons which modern firearms makers have designed to attack enemies In the air. If the public gains too exalted an opinion of what the flying machine can do, the actual work of the aerial corps may prove disappointing. The work of the United States air men at vera Cruz has been highly txeditable, and the aeroplane will prove or invaluable assistance In scouting. even ir It does not often enable, our skilled flyers to drop bombs down the smokestacks of hostile ships and blow up whole companies with the aid of well-directed bombs. The airship Is a big factor- In war, and it Is certain to become even more Indispensable than it Is at present. Japs to Attempt ' to Pacify Formosa Natives of the Interior Are Said to Have Hitherto Driven Back the Sol diers of the Mikado. Ch.n.1,.1 t f . . ... . iiitii.. u&cwiig suanaiinro. l ills Jf ! .Jk 6 6 Tl?at he JaPn- very grade Is now to be utilized In-the ?!f; f ' be PrPrln 'or n at- revived enterprise. naHfl ""Vee "is to Mr. olman M,j tnat otls of ht trav.irT fR ,WaS. re,POried to,a-1 the chief objects of building into Wand arrived from thejoiympla is the development of rk I. , .- . .. . t I lands along the sound on which It Is Although It has been subject to the expected numerous truck gardens will mikado for a number of years how. , spring up. Motor car service from Se they said, he lias succeeded in keep- alUe to olympia will be put on. con ing peace only a few miles back from ntcting with almost every train that the coast, the natives throughout the pulls Into the city at the other side of vast interior remaining in an inter- ' the sound. Gasoline or gas-electric mittent state of insurrection, against ' service will be used. which the Japanese soldiers have made; The company also expects to erect a almost no headway. modern passenger depot on property Indeed, t was stated that the pres- j owned by It In the heart of the Olympia ent activity was provoked by a recent I business district. actual aggravation of these disorders.! Doubts were expressed, however, wnemer mucn can be accomplished without military operations on propor tions which Japan cannot afford in the present state of its national finances. ' Smokers Vie for the Championship Por Hearty Three Boars the Ultimate Winner Puffs at the Same Weed, a Mexican Clfar. Frankfort, Germany. June 6. What is believed to be a world record has just been set up at a congress of South German smokers, held here. A special trophy, consisting of a silver eagle, on a red and white rib bon, was offered to the smoker who took the longest time to turn a Mexi can cigar into gray-wBlte ashes with out letting it once go out. The com petition began at II o'clock, and very nearly 200 people contested for the award. . By 12 o'clock only 20 competitors were In the running the rest had re gretfully finished their "weeds" or had laid them at rest in the ash tray for too long. The rivals dropped out rapidly, and by 1 o'clock only one smoker was left ilerr Henz. a Sachsenhausen busi ness man, who actually puffed away in peace until -he had to throw his dlmunitlve cigar stump away, 2 hours. 46 minutes and 12 seconds after he had set light to it. Herr Henz has there- , fore been proclaimed smoker laureate, i tels during the last 10 days Include: R. M. Cross, Mr. and Mrs. J. K. Forestell, S. M. Mears. M. A. Holmes, E. S. Pettis, L. H. Steinhart, F. H. Ransom. Fred C. Rabb. John Geartn, A. R. Specht, Mr. and Mrs. J. W. Ga nong. A. J. McComb, L. H. Parker. C. S. Rucker, G. Freldwald. G. L. Botts ford, H. P. Dutton, A. M. Clark, J. H. Henry, Berthine Mathison, Mrs. P. M. Dekum, Miss E. Humason, Miss L. Ilu mason, Thomas Bilyeu, Lewis C. Garri- gus, F. A. Ross, Mrs. J. H. Corcoran, i Mrs. T. F. Murphy, Mrs. E. M. Brady, Mr. and Mra C K. Williams. Evan Burton Johnson, Wirt Minor, F. O. Shoemaker, P. J. Hanley, R. J. "Leo, JJ. E. Steur, J. M. Smithwlck, M. D. Charles Aven, T. A. Roberts, George M. Crane, Mr." and Mrs. W. L. Barbour, Mrs. Alice Locke, A. D. Lue, W. H. Col well, Mrs. E. L. Simmons, H. E. Lup ton. William B. Armitage. all of Port land; James Grady and A. W. Wlsner. Eugene; A. A. McNary and Luther Stephenson, Independence; John Adair, Astoria; Mabel Harris, Pendleton; D. J. Cooper, The Dalles; Mr. and Mrs. J. G. Butler' and Herbert Jackhart, Marsh- field; A. E. Hough. Grants Pass; J. F. Reddy, Med ford. m Oscar S. Straus denies tha report that he might accept the Progressive nomination for United States senator to succeed Senator Root. Overbeck & Cooke Co. Stocks, Bonds Cotton, Grain, Etc DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trade Correspondents of Logan A By ran Chicago. New York. I 816-317 Board of Trade SuUal&t. J. C. Wilson & Co. tXBS mnr tork hicmjk exchanob NEW TORK COTTON EXCHANOI CHICAGO BOARD OP TRADB TBS STOCK AND BOND EXCUAMQS BAN FRANCISCO POKTLAM OFFICE It9 Oak It, Oroaad Floor. zrrts Blx Pfcoass Msrsaatt 886S. A-41MT, M D M ENGINEER CONFERS REGARDING THE ROAD TO OLYMPIA Making of a Tunnel 570 Feet Long at. Olympia, One of Tasks Imposed. CONTRACT IS GIVEN OUT Twoby Brothers Get Job and a Xiarre Tores of Men Will Be rut oa This Week. Chief Engineer J. R. Hoi man of the O.-W. R. & N. company yesterday conferred with Judge John Twohy re garding final details of construction on the Olympia line, which will connnt with the Northern Pacific's Tcnino cutoff. The first work to be done will be the hollowing out of a hill Inside the city limits of Olympia, making a tunnel 670 feet long. Twohy BrotnrH have been awarded the contract for building this line and ihfv nnwt put a large force of men on the Job early next week. One of the reatures of construction of this Olympia line by the O.-W. R. & N. Is the fact that it Is taking up a project outlined 25 years ago and abandoned at that time because of what appeared to be insurmountable obstacles. The Union Pacific In 189 projected a line to Seattle from Tort land and actually built piers for a bridge across the Columbia. The Hill Interests later made use of these piers In constructing their 'bridge, over which now all Seattle-bound trains pass. The project of a quarter century ago i also Included the grading of a line Into I ji 1 . . I 111.. I v. . a rr . . Judge Twohy and Mr. "Holman ex- , pect to go to Olympia within a day or two to supervise the actual beginning of work on the tunnel. From now on the work will be rushed, so the line may be in operation by. November 1. The project will cost about $500,000. A series of hangars for the British army's dirigible balloons is proposed that will radiate from a central -turn- I table, like a railroad roundhouse, th turntable being provided to receive a. balloon from' any angle. TRANSPORTATION HAMBURG AMERICAN XargVftSS WORLD nng or Loming Travel by the HAMBURG-AMERICAN LINE PABXS JUNE 8AZXZBQ8 Pres. Grant ism. 1 P. U. 1KPIJUTOB ?7th. VI Noon JT7I.Y RlTT.Tifna rres. imooin . . July 2, 11 A. M. VATEKLAHD. .iulff 7 111 A If Xaiseria Aug. Vlo.JuIr 11. 1 V. it. ""AT0B July 18. 12 No?n XfPTStoria July 23, 6 V. M Prea. Oraat July So. ig A. hi. xnerona raDin only. lUamburf 11 l-t. mil m i fVTi I'vyn. MEDITERRANEAN Gibraltar, Naples and Genoa S. S. Hamburg.... June 30, 3 t. M. S. S. Moltke July 15. 3 H. M. S. 8. Hamburg Au. 8, 3 P. 8. 8. Moltke.... A n. h. 3 P. Jl. TWO CRUISES IN, 1915 Around the World TW Panama Canal From Can yranrisce by CrulslDg Steamers "Cincinnati' Feb. 8. AM) "Cleveland a cu. 135 DATS eonnaod EACH CB.UI8E ""'""up. Including all oeresary expenses, la order to seoare cbotoe looatiee rooms should be bookoe bs-s. Write for booklet. Hamburg-American Line Harvey It Palmer, 303 3d are. Seattle, sea irsaoMs office 300 Btoektoa BU, or O.-W E. k X. Co.. jrerth Paeifle. d. a. o. a. a... suri- lartea aeste, Milwaukee . r. s. a. a., orsea Vorthera K'y., O. B. j Smtta, Tatr ea4 Wuaiartoa SC. rortiaas. Steamship Breakwater a.t. Ia 4 Aw a&M1.aal ftt aa naiw iivih aiuew is a n vaasavu. ep s Miy 18. 23. 2ft. Jane 3. 7, 12, 17, 22. 37. freight and tlrket office lower Alaawortfe dork. Portland At Coos Bay 8. 8. line. L. H, Keating'. Agnt. Phone Hale a Sam. A-2332. Special Rates to Alaska ' CPlrn Class and steeraf S.) STEiMSHIP Sails Direct Wednesday, June 10. 0 p. m. Make reservations immediately. Baa Prsadseo, Portlaad aad Zks Aa reus S. S. Co. Frank Boll am, Paasencer Agent, Main It. 124 3d Bt, A-459C Lee Aacelea aad Baa Dies. STEAMSHIPS TALE AND HARVARD Railroad or any steamer to Baa fraeclsro. the Exposition City. Largest. - fastest and the ONLY strictly flrst-clase pass refer sblpe oa .the Coast. ATerag e speed. 29 miles as boor. Cost 32.000.000 rerti. BAS ESAVCIBCO, POITXAITD , LOB AGEI.ES B. 8. CO. Frank Bellam. Ageat. 121 Third tit. Mala 20. A-dSee. mm m m. h 442 Ships in the YVt.417.710 YV TONS C II Travel by the 11 m M V. v v