1
1
EUROPE
mm mm of
SHIPS ENGAGED FOR
NEW CROP LOADING
Notwithstanding the Belief That
FVance Will Need Record Impor
tation This Season's Trade
Feels Quite Dumpy. r
By Hvman II. Cohen. '
! With more ship chartered to data
i In the Pacific northwest for grain load
ing for foreign porta, than for about
' 11 years, there la much leaa preaaure
In the market for the coming wheat
. crop than had been anticipated.
While it la true that exporting in
' tereata are not at thla time keen to
I take hold ef supplies because f thi
rather alow foreign demand at the mo
ment, the fact remain that Europe la
vary likelr to call for record ahlp
i menta from thla aection during 1914
. It and ahlppera have prepared for this.
Outwardly the market beara every
i evidence or extremely low prices for
. the oomlng crop but that thia feeling
la net shared entirely by the trade waa
' Indicated the oast week in the interior
i by the purchase of club wheat there
, on the basis of 80o a bushel, tidewater
track. ' While theae purchaaea were
i for early delivery and were of rather
, email volume, atill the deala reflect
. the changing aentiment in the trade
alnce it became apparent that the
world la not going to produce such i
big crop of wheat as a year ago.
Object to Bullish Report.
Some of the buyers object to the re
cent reports In these columns which
told of a probable good demand from
wheat abroad. They received the Im
pression, they said, that the farmers
were advised by the articles not to sell
their wheat. This Is far from the
fact. There Is no attempt by this da
partment to tell producers whether to
sell or hold. They are given the news
of the markets uncolored and they are
auowea to Dase tneir own juagmen
from these facta. Every line of Infor
mation that can be secured- In the
world's trade that has the slightest
bearing upon the price of wheat at Pa
cific) northwest points is printed In
theae columns. It Is the only Informa
tion that the producer haa to Judge tho
market and the newa is always given
pirn ror wnat it is wortn, notmng more.
Trance aa an Imrtartar.
Important messages were .received
during- the week from Prance tellina- of
the expectations of the leaders of the
, grain trade there that record importa
tions or wheat will be necessary by
France to fill the wants of its millers.
The wheat market at leading world's
primary centers has of late been held
rather firm. Orowera wre far leaa
keen to accept current values than for
merly. The situation, in their opin
ions, was Improving ao far as the price
was concerned.
That Pacific .northwest wheat ex
portera in a more limited degree ehare
their thoughts is indicated by the rec
ord number of ships chartered to move
. the coming crop. '
There Is no denying the .general
I bearlshness that has recently been
shown In the apot wheat trade through
out the world.. At Chicago this week
the lowest prices for nine years ruled
In wheat options but alnce then there
has been a gradual hardening of val
ues, indicating once again that when
a big crop Is reported the trade be
comes too bearish and that short sell
ers are later forced to cover.
te Market in Doubt.
While there appears to be In sight
a rather good market for' wheat at Pa
cific northwest points when the sea
son starts, there is much doubt regard
ing the ultimate range of values. Sonsn
of the leading export Interests have
expressed the forecast that they will
be able to purchase wheat late in the
season at materially reduced values
than firsl quotations. While they are
fuesslne: as to this outcome, their ln
erence Is natural In view of the gen
. era! depression in the world's trade.
WHEAT Producers' price, track
basis: Club, 84i85o; milling bluestem.
87 88c; fortyfold. 85Sji86c; valley. 86c;
red Kusslan, 82&83c
OATH Buylnx price: No. 1 white,
feed, 122 per ton; grav. $21.
BARLEY Producers' price, track
basis: Feed. S20.6021; brewing, nom
inal, $22.60 per ton.
FLOUR Selling price: Patent,
$4.80, Willamette valley. $4.80; local
straight. $4.20; export, $3.853.95;
bakera, $4.04.80. ' .
HAY Producers' price: Willamette
valley timothy, fancy, il3.50ftl4.00;
eastern Orejron-Idaho, fancy timothy,
$16.00ra)18.50; alfalfa. $13.0013.50
vetch and eats, $11; clover, $9. 009.10
per ton.
GRAIN BAGS No. 1
ture delivery $8.25.
M ILL8T U FFS Bran,
horts. $28.60(3)27.00.
Calcutta, fu
$22.G024.00; NEW YORK ' STOCK MARKET
- 4
Range of New York prices furnished
by Overbeck & Cooke Company, 216-217
Board of Trade building.
DESCRIPTION
A mul. Copper Co
in. Car a Ponndry, c.
Am. Cotton Oil, e
Am. Loco., e
Am. Sugar, c. .. . ,
Am. Smelt, e
Am.' Tel, Tel
Anicrmd Mining Co..
Atcfciooa. c...
B. A Om c
B. a. TC
Caaadlaa Pacific, e....
Central Leather, c. ...
C. O. W., c;
0-. M. A St. Paul
Cblao Copper
Cheaapeaka A Ohio..,.
Oolo. rnel A Iron. c. . .
Den. A Bio Grande, e.
Krta,
'General Electrle ......
G. N. ore lands .......
O. N., pfd
Illinois Central .4....
Inter. 'Met., e. .......
Open I MlKhl I.nwjOlu
h VaUey
Southern
itx lean Petroleum . . .
rllle a NaahrlUe.
do- Kan. A Texas, c
lo. Paclfle
Hevada Ooosolidated .,
, few Haven ,
4. T. Central
(orfoUl A Weatera, c
Northern Padfle, e. . .
Pann. Hallway ,
Pressed Steel Car, e..
Ky ooas. uopper....
Baedlng.
Ecp. Iran A Steel, e.
Bock IalanOo.......
0. Ij. A S. w . , e....
Sonthera Paclfle, e..
Sonthera Ballway, e.
Tean. Copper
vbjvq riCIUIL v ..... .
U. S. Rubber, e.......
TJ. S. Steal Co., e.....
vtaa copper ....
Wabeao, a.
Weatinfhonae Electrle
StoUl sales 62.000 eharea.
Wheat Needs Rain.
Odessa, Russia, June SO. In the
southwest It Is hot and dry and wheat
la maturing; aatrsfar.torilv excent
Srlns, which needs rain. Harvesting
rye and barley will commence In a
week.
v.,. ctaeep rwuer uuys. ;
Ml. X v
' Oakland, Or., June 20. A: J. CHne
furchased from W. O. Bridges Sc Son
60 head of sheep which he shipped to
Co rvaalle. Or., to ke fattened on clover,
lor the market.
Omaha Hogs Higher, '
South Omaha,- June 20. Cattle
None.
Hogs -7400: market strong to 6c
Higher; bulk $8.2008.30.
Z,i - - .
?m 70 71U
52 S24 62 51 "i
41
31
107
63
123
SI St Rl 81
99 ( 9U
91X 92 ei
iH 91 m 90
194 19S 104 H 194 V4
36 W S6 86 80S
14 U
100 100 100 100
41 41 41 41
61 61 51 61
27 27 27 27
10
28 29 29 29
148 148 148 147
81 31 Rl 81
123 128 123 123
"iiU 'ii "i4" 14
138 187 138 138
28 V
ftniZ
1189 139 188 1384
17 17 17 17
J 17 16 16tS
14 14 14 13
66 66 66 66
91 91 81 81.
105 105 106 104
111 111 111 lllfi
iiliZ
Vk 43 43
, ai 21 21 21
164 166 164 164
, 23 23 23 28
8 8 2
', '" 84 'ii" 94
, 24 24 24 24
. 84 84 33 83
UKaV M J mt earT m i
, 08 68 68 68
29
'. 69 'S9 'r.9 692
. 76 76 76 76
MAY
TAKE
LOGANBERRY
MUCH EASIER MONEY
IS EXPECTED TO COME
Starting of Reserve Institutions la
likely to Be Influence for Good;
French Situation Has a Direct
Effect Upon Country's Finances.
New York June 20. The occurrences
recorded during- the paBt week have
been In great part lacking In variety
and Interest, aside, perhaps, from the
gold movement and the change for the
better In conditions In Europe. Then,
too, the prospect of our new banking
system being in operation some time in
September haa doubtless lent much en
couragement and confidence to bank
ing interests, as a huge total of com
mercial paoer shortly will h avail.
able as a basis of speculation, and the
prospect of the lama, baa almost en
tirely dispelled fears of money strin
gency. Thla, despite the brilliant crop
outlook, and the consequent prospects
for a keen Interior demand for funds
for crop moving purposes.
Conditions on the continent were
for quite a period decidedly strained,
aa a consequence of the political tur
moil In France and delay on the part
of the French government In providing
for Its financial requirements. The
French Investment markets -were
closed to foreigners pending a govern
mental offering as It was apparently
the desire of the French minister of
finance to preserve the home invest
ment inquiry for domestic purposes In
order that the welfare of the govern
ment might not be subordinated to
that of other states. Therefore much
gratification was expressed on the
bourse and in other circles when It became-
apparent that the new French
cabinet was likely to be a success, and
me ueuer zeeiing was galvanized by
the announcement to the effect that
the government would offer about
$160,000,000 In 3 per cent bonds
about July 6; the disposal of which Is
practically assured. According to ca
bles, financial conditions will Improve
greatly after the loan is placed, and
many underwriters who have been1
forced to carry heavy burdens for
numerous months will thus shortly be
able to relieve themselves through
means of appealing to French in
vestors. In addition to the foregoing the sit
uation in Russia shows improvement,
and Russian securities have displayed
a much firmer tone. The same applies
with equal force to Brazil, and inas
much as the French have large inter
ests in both of those countries, it is
not difficult to perceive why the conti
nent has become more cheerful as a re
sult of the tendencies to which ref
erences has been made above.
The exportations of gold so far this
year have been estimated at about
$70,000,000, and the fact that domestic
money rates have not been influenced
to a material extent by the loss of
tnat amount or goia. particularly when
it Is considered that- over $50,000,000
has been engaged for shipment during
past few months is a rather strong
commentary on tne well liquidated
state of affairs In nearly all domestic
lines of constructive endeavor. It Is
quite true that the lagging tendencies
ooservaoie in iraae circles ana tne
consequent slack demand for accom
modations lor general business pur-
making it feasible to expect such a
vast amount of yellow metal within
such a relatively short time.
All of the foregoing has been fol
lowed by - somewhat better demand
from foreign sources for American se
curities. The inquiry so far has been
for a specific group of issues, and not
general, nut it is connaentiy antici
pated that the demand will broaden
and extend to most all Quarters.
Metal stocKs nave neen favored ty
Europeans, and In addition there haa
been a fair absorption of high grade
railway shares.
The New York stock market has
been moderately stimulated by the In
creased interest in American issues.
but even' so, the action of the list has
been rather discouraging to Interests
constructively inclined, owing, no
doubt, to the narrow fluctuations and
the lack of aggressive leadership on
the buying side.
The delay In handing 'down the de
cisions In the eastern rate cases has
been looked upon by many as the
cause of the prevailing Inertia, arid In
addition the legislative activities at
Washington have also been described
as belna one of the principal I re
straints. However that may be, Jt" Is
beginning to be realized that the high
ly satisfactory crop prospects, the vast
accumulation 01 runas at reserve cen
ters the well liquidated state of af
fairs In commercial and industrial
lines, and the Improvement in condi
tions In Europe, are factors which were
least expected and are likely to assert
themselves . as controlling influences
and likely to overshadow many of
those ills, the importance of which Is
likely to be exaggerated when senti
ment Is nnduly depressed. This is to
say that while it Is quite true that a
forward movement would be greatly
accelerated should the rate cases be
out of the 'way and 'congress out of
session, still it is never possible to
size up the situation without finding a
few weak spots or discouraging tend
encies. Therefore It perhaps Is only a
reasonable conclusion that Inaction will
shortly begin to wear upon the nerves
of business and financial communities.
The next change of Importance, there
fore, whicn most logically is likely to
occur would seem to be one which
would contemplate an extension of en
ternrise and a desire to minimize, rath
er than magnify the Importance o
factors wnose power to cause harm is
rather Insignificant, when the gen
eral wealth and vitality of the whol
country la considered. .
; San Francisco Barley Calls.
San Franclgeot Juna 20. Barley
calls:
Juno If -, June 20
femsffi&s CTVr (, l,
BY BANK'S OPERATION
:" Close " Open
Deo .........101 100 B
May 1054 XOSVs B
Close
lvlhil
108 A
MUCH
INDUSTRY IS GROWING FAST
I fin f A
Upper picture Behind 15 tons of dried loganberries, the daily out
put of the Asplnwall Brothers' drier at Brooks.
Lower pictureView of loganberry patch before picking the 50 acre
yard of Asplnwall Brothers.
Brooks, Or., June 20. One car ot
fresh fruit shipped daily to the east,
a similar amount distributed to the
various towns along the coast and the
driers of Asplnwall and Ramp each
turning out 15 tons daily of the dried
product, gives some idea of the val
ume of business being transacted at
the village today. About 600 pickers
are busily engaged In the fruit harvest
in tne vicinity or btooks, some zuo 01
them being employed at the Asplnwall
yards consisting of 60 acres.
ii;very pnase or tne industry is ne-
lno ftaMfiitlv 1nlra a tak iVita smHTtav
a -. awva en-a. vino ovuo
from "the fresh fruit fharket to that
EXPORT SALES PROVE
BULLISH FACTORS IN
THE WHEAT MARKET
Chicago Market Is Quoted Higher
at tiie Opening but Loses Later
in the Days . Shorts Hustle to
Cover on the Early Movement.
Chicago, June 20. There was great
action in wheat for the day. The re
ports of heavy export sales and enor
mous lake charters for prompt ship
ment 01 old wheat the past few days
finally created some bullish feeling in
the trade and ttaere was a bull market
the first hour today. Around ton
prices two or three big houses began
putting wheat Into the market in
large quantities. When one big house
stopped selling others began and It
looKea as ir tne supply was coming
largely from one or two sources. It
was the popular view in the open mar.
ket that much of the selling was on
orders from the leading Interests
which announced the heavy sales of
old cash wheat and the prospect of a
clean up of the bulk of Chicago stocks
oy tne ena 01 next week.
The problem the trade has to deal
with now Is not old, but new wheat.
Elevator people had heavy country ac
ceptances over night. Most receivers
reported the prospect for early move
ment. At close cash business was re-
?orted at 240,000 bushels, including
40,000 bushels of new wheat to ex
porters. Ranee of Chicago prices furnished
by Overbeck & Cooke company, 216-217
Board or xraae ouiiamg:
WHEAT.
Month Open. Hiffh.
Low.
82
8l
88
69
7H
68
Close.
82 B
81V B
83$ B
?TB
68 B
July
8314 83'
81 82i
Sept.
IMC.
a
84 84,
COBN.
49 7014
67 68
68 68)4
OATS.
88 40
88 S8
89 8
PORK.
July ...
Kept. ..
Dec ...
July
Pept. ...4.....
Dec .... .
A
B
1 A
July ,
2070
2017
1015
10.12
1085
1165
1160
1145
Bept. ..
Jnly ...
Sept. ..
Oct. ..
. .
2020 2028
LARD.
1018 1015
1030 10 t
2017
1015
1030
BIBS.
.1157 1067 1055
.1160 1062 1057
.1140 114T 1037
jaiy
Sept.
Oct.
-e
New York Cotton Market,
Onen. High. Low. Close.
January ..1238
March ....1242
May .....1266
July ......1272
August ....1271
September . - -
October '....1248
December ,1262
1-41 1Z31 1Z3103Z
124 1X87
1268 1259
1274 1254
1274 1260
1237&8S
1269060
126466
1ZB1
1250
1240
. 1243
1250. 1240
1266 ,1248
Kansas City Hogs Rise.
Kansas City. June 20. Hogs. 200.
I Market 10c higher. Tops, $ 8.8 0Q 8.85,
ama, ivv. oiavr urui.
Sheep. S00. Market lOo highan
OF
OUR
of the dried product, canning and fruit
Juice, and the growers are jubilant at
receiving some large orders from the
east., thus precludinaT any attempts on
the part of the local buyers to force
the market price down to 2 and 8
cents previously offered.
Twenty carloads were purchased
Thurscrav from Asplnwall brothers by
J. A. Dengel; northwestern representa
tive of O. H. M. Wagner & Sons of Chi
cago, and two cars have been shipped
out, one to Lincoln, Neb., and the
other to Chicago, to be followed by one
every day till the order is filled, with
prospects good for several additional
orders.
LI
LOW PRICE
AT SEASON'S CLOSE
Too Much Publicity of Former
High Price Believed by Some
Growers to Be Reason; World's
Market Is Really Higher.
By Hyman H. Cohen.
The payment of 2c" a pound less for
wool at the Shanlko sales this week
than initial transactions is scarcely in
lino with the general tendency of the
wool market at world's centers.
The market for wool at all points in
the world with the exception of Shan
lko has been firmer and higher dur
ing tne last weeK or 10 days. Tne for
mer Shanlko sales were the result of
much publicity throughout the United
states as tney inaicatea a very snarp
advance over the prices that were be
ing paid prior to the time the free
trade bill was put Into effect.
This seems to be just what the big
eastern mill interests were not look
ing for. They were agbast at the pub
licity given the Shaniko sales ana for
that reason the last offerings did not
meet with such a good reception nor
such high bids.
. Were world's conditions lees favor
able than at the time the first sales
were made at Shaniko this season.
there would have been no reason to
complain. As matters stand, with the
world's trade generally Quoting a high
er price, the Shaniko sellers believe
they were discriminated against by
buyers.
The sales at Shaniko leave but few
lots of wool In the hands of Oregon
producers. In the main they have re
ceived from 2 to 4c a pound more ror
their offerings than a year ago. There
was scarcely sufficient wool left at
Bnaniko- previous to tne last sales to
cause buyers to worry about securing
tn eae oixerings.
The feeling in the wool trade in the
east Is best Indicated by the following
mail advice from Boston:
The volume of business has hardly
been as large during the past wee
aa it was in the one preceding, but
manufacturers have been obliged, nev
ertheless, to buy a fair quantity of
wool ana xor wnat tney nave taaen
have paid full recent rates, although
any endeavor to advance prices haa
met with , the same stiff resistance
that has been In evidence of late all
along the line from topmaker to
weaver. .
The present week will see a practi
cal end to the buying of wool in the
country west 01 tne Mississippi river.
Very little wool is now left in the
northwest and Texas will doubtless fee
pretty well cleaned up this week. The
struggle , wiQ then be transferred to
the seaboard markets in earnest and
the question is whether or not the
market will advance sufficiently to
allow the dealers profits on their later
bought wools.
- In In thia connection It is certlnent
to consider the heavy Importations of
wool which are being made at - the
present time, Latest cable advices
from Bradford. England, indicate that
the American operators are making
1 the market on wool and tops, more
SHANIKO
W
IN
RECEIVE
WHEAT
MUTTON TRADE NOW
RATHER' STRONG HERE
WITH BIGGER DEMAND
Killers Forced to Keep Values In
tact Even Though Run Is Big;
Country Interests Are ' Buying
Supplies t Present Time.
PORTLAND LIVESTOCK RUN.
W'k end'g Hogs.Cattle.CalveaSheep.
June 20. 2668 1612
June 13 i317 1497
June 6 4809 1609
May 30 8488 940
May 23...... 4490 1054
Tear ago.... 8032 1676
2 Tears Ago. 1405 1955
8 Tears Ago. 1686 1741
71 8179
85 5967
100 8484
101 4449
95 6164
184 6619
91 4192
246 7908
By Hyman H. Cohen.
The wonderful strength of the sheep
market at North Portland as well as
-l ouier American eiocixyara poinia
Is attracting much attention from the I
trade. The big run of mutton and j
lambs at North Portland during the'Oroclett for a one and one-half story
week failed to even in the slightest
particular weaken the trade and
all arrivals were gladly picked up by
small and large packinar Interest at
last week's full values.
The fact that sheep owners in the
country are themselves purchasing
mutton is sufficient reason for the
strength In the trade at practically
all points. Wool prices were so good
this season with . the likelihood of a
similar showing next season, that
there is a general, tendency at country
points to get back Into the mutton
business.
Considering its closeness to the
sheep supplies and the limited demand
that has been shown in the coast mar
kets for muttasi up to the last year,
the present strength of the trade in
the face of flush of season arrivals, is
causing comment1 of much favor to
the North Portland trade.
General mutton market range:
Best shorn yearlings $4.60 4.75
Shorn wethers 4.20
Best shorn ewes 4.0004.25
Light spring lambs 6.00
Heavy spring lambs 5.25 5. S5
Orass Cattle Bave srxeot.
With California grass cattle of good
ESS? ifnertyuUesroed for
the coming week's trade at North
Portland, there was a general tendency
to weaken views among buyers In the ,
local yards during the week.
There was a email increase in ins .
volume of catUe arrivals during the !
wo1r nmn.ri1 with tho nrttvtnuH nix
days: Very little real good stuff putj
in appearance during tne ween ana
in a measure this accounted for the
aimost general lack or sales at ex-
treme values.
Cattle market conditions east or tne
Rockies, on the other hand, were
Mimavhti steadier and In some in- !
stances better figures ruled during the ,
week's trade.
General cattle market range:
Select light steers $
7.75
Good to prime ....
Good to choice ...
Ordinary to fair : .
Va nnv rnwa . . -
7.50O7.65
7.007.35
6.75 ii
6.76
7.00
7.00
Good to .prim 6.00 6.60
Ordinary . .
Select calves
Heavy
Fancy bulls
Ordinary . . .
5.60 05.75
8.509.0Q
Hog Market Closes 2Elgher. .
There was a fair advance In the
price of swine at North Portland dur
ing the week in the face of a small in
crease in the marketing. Hog prices
throughout th. coVntrV are showing
similar condition ' and there is still
room for a rather smart advance in
the local price before it reaches its
Usual position in uu wunirj v u bub.
Whether this advance will materialize
will depend considerably upon the
amount of stuff that is available for
killers during the coming week. Re
ceipts during the last few weeks have
been somewhat reduced and unless
more stuff comes forward there Is a
general belief that killers will be
forced to change their views and again
place North Portland at the head of
the hog markets of the United States.
General hog market range:
Best light. 200 lbs... $8.06
Medium '-"J
Heav- 7.76
Fat pigs
San Francisco Dairy Products.
T ..A.! mAa T.tmA. OA TT... k w
tras, 25c; firsts, 28c; selected pullets ,
21c . . .
Butter Extras, zco; prime nrsie,
23c: firsts, 23c. . ...
Cheese California fancy, 18c; firsts,
12 He; seconds. 12a
Chicago Hogs , Higher.
Chlcae-o. June 20.--Hogs, 11,000.
Market strong. 6 to 10c higher. Mixed,
$8.1008.42: heavy. $7.950 8.40; rough.
$7.960 8.10; lignt.- fs.iui&B.sf.
cattle, 100. aiarKet steaay.
Sheep, 2500. Market steady.
Denver Cattle Are Strong.
Denver, Colo., June 20. Hogs, none.
Cattle. 1000. Market firm. Steers,
$7.600 8.25; cows and heifers, $ 6.75. 0
Z '
8.10: calves. $9.00011.00.
Sheep, none.
particularly for grades running 60s
and higher. One large mill alone is
reported on good authority to have
purchased for import something like a
thousand Dales 01 t?outn American line
crossbreds. largely Punta Arenas. Fine
wool and tops are being brought n
from France also in considerable quan
tities of late, while other Continental
countries are likewise contributing to
the total importations of wool and
tops, to say nothing of yarns and
cloth. The heavy importations are
bound. In considerable measure, ac
cording to the calculations of certain
merchants, to -oDviate tne snortage in
domestics wool and for thla reason they
are refusing to buy domestic wools at
tne present hisn level ot prices pro
vailing in the country.
America Prim ary u e.
The situation at American primary
markets is still of most excellent char
acter. Buyers, while "bucking" some
what, are still glad to be able to se
cure supplies and are forced to accept
the wool at the prices asked by hold
ers.
In Ohio medium wools have com
manded as much as 27c, and the gen
eral price for fine and medium wool
has been 25c and 26c to the farmer.
Some growers declare they will not
sell their unwashed wools under 30c
In Michigan 24 c to 25c is being
paid for medium clips, and as much as
24c is being paid for medium bright
clear clips in Missouri. In Indiana'
25c has been P Id for round country
lots and 26o for clips In certain sec-.j
tlons of Kentucky. -
Texas is the mecca of the wool men ,
atvtbe moment. The Kerrville wools
were offered under sealed bids. on Sat
urday. Reports to the effect that the
San Angelo 12 months' wools were sold
last week were denied later, although
it appears that they were placed under
option until the xlrst of this week. The ;
&an Angelo eight months' wools have I
been taken at 16o to 17c.
1 In Montana but little wool Is now!
left unsold, and 20c appears to be con
sidered the going rate for almost any
thing. In the TrlangU as much as
21 Vic was paid last wee- for medium
wOoL Wyoming is fast n earing the
end of th wool season at 17c to 10c
for the best clips.
The New Mexican clip Is moving
very freely now, and 17c to 19c Is
reported paid there last week for rood
medium dips, or over 60e landed Bos
ton cieaa scoured baala.
7A(KB8.00
6.605.75
6.600 6.00
a 8.10
0 8.00 1
(37.90
07.60
CONTRACTS LET AND
mu Beady for CoBTaat
Architects Jacobberger V' Smith are
taking bids for the construction of the
proposed convent and school to be
erected by the Sisters of the Good
Shepherd In Piedmont. Bldsrlll close
June So, after which the general eon
tract will be let. The building is to be
a four story structure of reinforced
concrete construction. Its estimated
cost Is 1100,000.
Xaegleya B Zlae
1 A. H. Maegley obtained a building
'permit Saturday last for the erection
of a two story frame residence at 1$
; Kingston avenue In Parkslde addition
at a cost of $ 12.000. Plans by Archl
' tect J. V. Bennes. Contractor H. K.
. Doerlng will do the work.
Pour Oottaare Permits.
Contractor Hallock took permits Sat
urday for four dwellings, two of them
to be one story cottages, on east Seventy-fifth
street near Burnside, one
I to be a one. and one-half story bunga
low on Bast Forty-fifth street near
I Stanton and the other a smaller build
I lng on Lombard street and Portsmbutb
.venue.
Broadway Oovtafea.
Jobn P. Preston Is building a one
and one-half story frame cottage on
East Forty-sixth street and Broadway,
Completed, the house will cost $2600.
'
Boss Otty Vsrk Activity
A permit has been Issued to C O,
bungalow to be erected on East Fifty
fourth street between Stanton and Sis-
kiyou at a cost of $2000.
SSast fttde Wholesale Buliaia.
Plans of the Blake-McFall buUding.
to .be erected at East First and East
Ankeny stret, have been completed
by a local architect and forwarded
to San Francisco for the approval ot
the head office of the concern. The
building will cover a half block and
is being erected by Oscar Telnta of the
Pacific Iron works. The Blake-Mc
Fall company has taken a long lease
on the property.
T. 3C C A. Beady July 1.
The announcement has been made
that plans for the proposed T. M. C
A. building at Astoria will be com
pleted and ready for contractors' in
spection about July. 1.
Permit for Shogren Apartments.
Architects Claussen & Claussen have
let the contract to Cassell & Oberba for
h. erectlon , of the Prised four .tory
apartment building on Madison street
between. Broadway and Park. The
building is to be erected for the
Messrs. Shogren and will cost $46,000
waud f laundry.
i-n-ir.
Architects Emil Bohacht & 8on have
compieiea arawings ior a two-story
laundry building to be erected at Sec-
oni Archer strets. South Portland.
for C. A. Wagner. Bids will be asked
"r .. uyuuiug w
morrow nom a numoer or selected con
tractors. The building will cover an
area or 60x100 feet and will be of
mill and brick construction. The es
timated cost Is $14,000.
Bo! man Apartments To Be Altered,
Edward Holm an took out a permit
yesterday for the alteration of the
three story frame apartment building
at the southeast corner of .Third snd
Mill streets. The estimated cost of the
work is $20,000.
Zrns taa Osts JXmtraet.
""Contractor W. O. Heckart. of Eu
gen, are the low bidders on the four
alteration contracts . at the State Uni-
verslty. His was $47,990 for the en
tire work. Bids ranged between the
iow figure and $68,700, the latter bid
REALTY FIRM REPORTS SALES NUMEROUS
The Atchison-Allsn Co. reports that
business is picking up with them, and
many new sales have been made re
! cenUy In the Lake View Villas tract at
I the west end of Oswego Lake. Addi
tional train service and .the electrifi
cation of the Southern Paclfle lines
running south have given a new im
petus to the sale of these home sites,
ant many of the purchasers have start
ed to build new bungalows on their
tract-
REALTY TRANSFERS
Iorclhorat Co. to Boae Lelaad. lots 6,
. 10. block 55, Laarelborat ....$4,125
800 th port Land Co. to H. 1. Peary, lot
17. block 7. Sontbport W
8. H. -Greene and wife to Mlaa Emma
Zlnk. lot 6, block 7. St. John Park
addition
liollie Crabtree and huabaad to J. W.
Wiaem an. lota 1. 20, block , Willa
mette 600
10
Michigan An to A Buggy Co. to Marls
C. Pooler, lot 7. Mock 87. Laarelborat. . 10
George L. UcPberaoa and wife to Marie
C. Cooler, lot 7, Mock 87. La orelharaC
10
Mrs. Mary Lloyd to ktra. Amy Marker.-
I a i a "? nai i
aonlh lot 82, block 25, Portland
bone Fir cemetery
Crown Inveat tent Co. to C. N. Bakery
lots 24, 25. block "B," of anb. block
1. 2, 8. Parkhnrat addition
Will H. Shealy and wife to Nina M.
15
4SO
BartVett, lot 5, Mock 8, Webdam a
addition
Henry L. Cbrbett et al to Eeg-ente T.
Rtrhot -ait AO feet lot 8. block 12.
1.000
city of Poryand 10
CItiaena Bank to ra. E. a., msceraio,
lota 28, 80. block 1. Bala ton addltluau - SOO
Security garlnga A Treat Co. to W. T.
Maatera. weat ii rest, km a a, a, duh
&, Kenwortby'a addition
F. Wolff et al to Mary Brldgea. land
beginning On -nortb line Colombia
etreet. westerly thereon 102 feat from
Twelfth etreet
J. A. Cam tings and wife to William
3. Womeladorf et aL lots 13. 14.
block 9. Taboraide . . .
George W, risber to Lillian B. Flaber,
lota I. 2. 8, 4, block 7, I ran hot
Swlntoa Land Co. to Alice B. MeOee.
Into- 18, 14. block 60, Swlntoa.....:.
William D.. amea and wife to W. T.
Hodge et al. lot S3, block 18, Mount
Tabor Tills
A. C. CaUaaet al to William S. Naah,
part block 14S Coach addltloa
A. C. Causa, et al to William S. Nh.
beg lag on aoeth boundary Couch
atreet, CO feet- eaat from aootbe t
10
10
680
aorta Beventeeatn ana ix co
Insures
FuU Milk Pail
I glTB WSM m B B BIIBBB
. fn tier a r ana mmaer wne n n
bothered 4 bit i by ft a R leva
thdr d-tnatt by spraying them wUk
Conkeys Fly Knocker
Doesa stttnx it m afv 1 givesci rwatbe
aad co at that insure a loll a Ik paiL
Keeps Flies Awayt
From Cattle and Horses
Ona eoace aa m two aaiula Saves
tiaaf. a raaacs prod , 1
a. - a e '
iry ii 'ays
Money Back If Not,
Satisfactory
. Try a caa today, Qt. 3Sc.
gal.Sl-0,EaLs
BUILDINGS PLANNED
being submitted by a Salem contractor. I
The work la to consist of alterations 1
and editions to Deady Hall, the En-
glnering bulldlnr, the University li
brary and Men's Dormitory.
. B. XIUs B14T Bew
Ex -Coturressman W. R. Ellis has
begun the erection, of a two atory
frama residence on the west aid of
Royal court at the corner of Everett
street. Contractor J. B. Henderson 1
doing the work. . The house will cost
$6500. -
1amada Vac Oottaga.
The . Oregon Home Builders haa
broken ground on Glen avenue, be
tween Bryoe and Mason streets,- in
Olmsted Park, for a one story rrame
cottage to cost $4200. The house is
belna; erected for J. I Shaw.
To Bull- om. St. -Trancls KSO. -
J. CL P. Westengard has begun the
erection of a two story frame rest
dence facing Maywood Drive, between
Washington and Mildred streets oa
St. Francis hill. The nouae wm coat
$4200.
Vrw sjouth Portla-4. Oottage.
H. K. Doberty has obtained the eon-
tract to put up a two story frame
dwelling on East Twentieth and
Carutbers streets for J. b. yv oruom.
The house wlU cost $2600.
Bids for Vew Amity So-ool.
Archltoeta Tonrellotte A Hummel!
are taking bids for the construction of
a school building at Amity. Or. The
structurs win be of heavy mill eon
atrucUon 80 by 1$2 feet la dimensions
and will contain four classrooms, an
uditorium and the usual smaller
apartments necessary to a eompiete
school. The closing date zor receiving
bids Is July L
Contract Xt for IColaUa School.
Architect P. Chappel Brown has let
the contract to Ben Hoisted ter of Sil
verton. Or., for the erection of a school
building at Molalla.. Or. The contract
price Is $12,000.
2ffew Vob Mill Apartments.
Contractor Otto Selxmen obtained a
building permit yesterday authorising
the erection of a three story brick
apartment building at Twenty-first
and Overton streets. The building Is
being erected for L Holsman. Plans
by Architects Claussen & Claussen.
Bow Xrvtngtom -Come.
A permit was issued to the Eastern
Builders' association for a two atory
frame dwelling to be erected on Broad
way Jiear Twenty-eurhth street, n
Mentdb Park. The building will cost
$3600.
Upper Pe-tas-la Cottage.
O. M. Castleman haa let the contract
to Alfred Helsmer for a one and a halt
story frame bungalow to be built' on
Commercial street between Jessup and
Jarrett on the upper peninsula. Cost,
$2800.
Two Xarge Permits Issue ,
. Two of the largest building permits-
taken out in several weeks were
issued yesterday by the city building
department. One provided for the pro
rosed new National theatre, which is
to be erected at Park and Stark streets
by the Boyajohn-Arnold company at. a
coat of approximately $100,000. The
other makes provision for the combi
nation store, hotel and theatre build
ing which is to be erected by A. C
Ruby at Fifth and Burnside at a cost
of $60,000.
Oas Tank Touadatioa.
The Portland Gas A Coke company
has obtained a permit from the city
building department authorising the
construction of a foundation for a
steel gas tank at Mllwaukle and Clin
ton streets, at a cust of $46,000.
Mr. Atchison states that his company
Is now erecting several new homes on
the lake shores, and on the acre tracts
above.
Lake Grove Park, the picnic grounds
at Oswego, has been improved this sea
son, and Is attracting hundreds to its
cool shade every week.
Thie company reports the sale of
small tracts in the Oswego, Tlgard and
Bonlta station districts to the value of
about $15,000 during the past $0 days.
atreets. part block 149 Conch' a addi
tion 10
William S. Kaah and wife to Alexander
H. Kerr, same aa above 10
Same to same, same aa above 10
La dd Eat at Co. to Winifred B. Ham
mond et aL lot 10. block 21. X aatmoi rt-
land 1.060
Ladd Batata Co. to Alice Bntterw orth.
lot 21. block 21. BaatmoreUnd 1,060
T. U. Word, aberlff. to Joba G. Tracy.
lot 1. block 8. McMlllen'e addltloa. .11,164
Clara ML Susontoo, and boa band to Grace
McGowaa fleekenatcln. lot 2 8k t-
Hae acres ... IS
Kngenle V. Blebet and Irasoand to Ham- 1
11 too r. Corbett et al. weat 4 lots 6. I
6. block 82S, city 10
Alice Lefargo WUi aad boa band to W. I
K. Haisllp. let , block 2, Cross '
Park addl tioa 10
Emma Tucker aad baabaad to T. C j
Hamilton, lot S. block lO, Moaat Hcott
View SOO ;
P. C. Hamilton to Frederick McCrary,
lot S. block 10, Moaat ott Vlow... 10 1
Pan! Tealuk and wife to Tbomaa Ktt. I
nortb Iota X, 8. block L. Et tl
Lrna addltloa 1 1
E Ia. Barbara and wife to i. L. . Rob- .
Inaon. Iota 11. 12. block 6. Baybnra
Park ia aeetloa Id, townabtp 1 eoath.
range eaat. lot S. block 2. Hiram
Cole a addltloa - 1.000
Martin T. Daffy to William R. Laeey,
lots S, T. 6. i. block 3. Holmee oak
lot 6. Oleawood Park t,200
M. L- Hoi brook and wife to Mr. M. M.
Rtrabenaoa, lot SO. block 2, Hotbrook's
addltloa 400
Empire Investment Co. to C. A. Ruff,
lota , 7. 8, block 2, North Bank ad
dition 10
W. N. Price et al to William Rolph.
Overbeck
Stocks, Bonds
Cotton, Grain- Etc.
DIRECT PRIVATE
WIRES TO ALL
EXCHANGES
Members Clea.ro Board of Trade
Correspondents of Loran a By ran
Cbicaco. New York.
tlS-Cir Board of Trade -toC-la-.
J.C.Wilson&Co.
tTKW YORK bTOCK EX CHAN OB
WW IOBK COTTON EXCHANOl
CHICAGO BOARD OF TRADS
TOM STOCK AND BOND EXC-AMOI
SAN FRANCISCO
POHTI- NU OFFICE
Oak St, Ore--d Flaor. wis SUs.
Fkasas Merskell SM. AitrT
I J 24V, 80. Mock 4. Arleta Park Xe.
1. x T76.
to C. A. Eaff. lot . block 4, East
1 St. John If' -
. 1. Xrr and wife to Oaori H. Slb
bJift aU 70x164 tea . lot S, block
1. Portland HoaMtea4 4.00S
F. A. Jofansun and wtf to B. B. Bra aa
wU et al. M 14. block 14, Sha-
harat adAlttoa , SOO
Pii Keolty A Troat Cev to Jarkaoa
a Rlnahart lot 8. AmeodeS Plat, 1
btoek 6, OUhaa'a Second addlttoa .. W ,
Wluiaaa K. Maftct to Oeorco W. Joaepk. "
lacM la oecttoa 2s. towaahlp 1 aorta, '
nx s eU
at
tT CtmltTT inn 1 la II n. Rdm .
"ajw, Bouinvui lot T4,- aoetkoa
w"B." Rome City eoaMtery T
Harttetta Seltonrelch to Eatbor rorborr.
lot IT, btoek 70, Irvl-fton Park ad -
ttoe aos
Fortlaad Tr it Co. to Nellie M. e
poweO. lota 23. 24, block T. Weot Fort-
land Park 134
Baa City Park aaaoctatioa to W. S.
McGoire, lot 19, block 134. Base CSty
Park is
BUILDING PERMITS
.
trs. Brady, repatr one atory fraaa dwell
bis. Third, betwors sherldta a ad Galea 3
b laer, R. J. Lew I; $100.
Mead Xotate, repair aeod atore, rroat, be
tweea TambiU aad Taylor; baOder, J. J.
Batarrj $100.
J. A Workla. erert two atory frame dwell
lag. eereer Tblrtletk and East-Carstkets; .
baUder. H. E. Doberty: 82600.
Uikl as dc 80a, erect Xia atory treats Te
booM, BeBoat, botwwaa Twentr-flrat aad
T entree sd; batltr, H. Ktkl 1; 833S.-
Pmnl TatB, repair oee atory (raise dweu.
lac, Bmcbtal aveaue, betweoa Stark and Buro-
aide; beiider, w. J. t rter a vaw aeat euu.
O. B. Barrett, erect obo atory trans (table,
Haaaale, betweea Seventieth aad veTeaty-Orat;
builder, eaase; $76. . ..
La. U eilaa, repair eae atory tnmm dwall
tnc. Bast Sove atyigbtb. betweea Bvarott aad
Barnae; balldor, J. K. SonvlsBier; $11
ParrUb, Watkins O , repair foar euwy
brick ordinary tmOdlaff. North Fifth, be
tweoa Everett and ITa adera; baUder, T. C
BelebJe; $T.
rata Brntbera, repair eno atory rra
reatanrast. Barnda, botweoa rtfth aad Sixth ;
halloor, kf. H. OOo-a; $50.
Smith Heat mar, repair aU atory brtek
erdlo ry balldins, Broadwar, betwooe or- -rlaoa
aad Yamhill; baUder. Jo m BUfham;
$100.
Fleteh ar Uaa, repair fear atory brick ordl
aary bul idlcf . Froof, betweea Tarlor sad Sal- .
Stoat bnl Ider, Colombia Carriafe Work a; $ W.
O. U. Castelman. erert one and a half
tar y trmm dwcUlof. Com m re 1, tacwta
Jmp aad atarrew j Baiiaar, urra ms m wai
Kaatera Bafldera Aaaoelatioa. erect two -atory
Crania dwelUnf, Broadway, betweea
Tweaty-elahth aad Twaaty -ninth ; blder.
eame: 83600.
L r. W. Aabhlaoa. repab? eae atory rrame
dw Hag, Li oa arenaa, betweea aa 1 - ,
aad Kit Ooncbx ballder, N. C. Paahwai $ieo.
Robert W. Staaghtar. erect one atory teat '
ho to. Ninth avenue, betweea Bona aad Ion-,
er; smiaer, aamo; a . .
i". Uotamaa. erect three atory ordinary a pert
man fa. Twenty-first and Overaoa a treat; bU4
er, Otto iSaUmana; 817.000.
Ooerad Haha, erect oee story frame stable.
Eaat TweUth. betweoa fai-Bg aad Beech (
builder, r. rraaabe; OfiOO.
B. E. Lee, repair one atory-frame dweniar,
rtfty-flfth avenue, betweea "txueth aad SU
ty aeeoad; bailder. aajno; $260.
Cleveland to Have
More 3c Privileges
XOectrio Z-i-ts, Zoo Orwaaa, Boda Pep
aad Other Thlars C Ba Xa4 at Bar-
gta Couater Prices.
Cleveland. Ohio. June 10. Cleveland,
now enjoying the benefits of t cant
atreet railway fare, soon will be using
S cent electric light from the munici
pal plant and will have an opportunity
to purchase 8 cent toe cream cones and
other refreshments In the city parks
this summer.
The municipal refreshment stands
for the first time will be operated on a .
3 Instead of 6 cent basts. They will
still be under city management and '
the quality of the goods will be guar
anteed. Soda water, poo. lemonade, mill-
buttermilk, peanut a. popcorn and sand
wiches are all to be 8 cents. The city
alms to break even on -the refreshment
proposition, and if any profit is made
at $ cents, the prices will be cut still
lower.
TRANSPORTATION
largest SlCb.
442 Ships
inth
WORLD
L417.710
TONS
ran uaxxxmou
$xPensaylTaaU ...... -Mb. IS Keoa
Zky-BATOB 27t7 12 Kooa
TVJtT aU-XZ-raS
rrea. Lin sola Jnly t, 11 A. ML
VAIIAliD....J 77 ISA. MT
Xaiaorta Aag. Tle-oiy 11, 1 P. M.
faSatavla .July IS, 11 A. M.
Lttr-BATOB. July IS. 13 Xobb
alPratorla J0I7 T P. M.
rrae. Araat. Jnl SO, 10 A. M.
aSecoad cabin eaiy. Uaa mrg
direct. ICaU at BoologBa.
Mediterranean
t-Waltar, Naples aa- Cme
a. a. duibv. ...iunm wo. a r. M.
f. S. Molts .Joly li, IP, M,
a. m. n -g Aag. a, S P. M.
S. S. Molt a.... Aag.
B P. M.
TWO CRUISES IN 1915
Around the World
Through
Tho
Panama Canal
riwa Caa ' Fraac fey
CrsMns
Bitn-ra
"Cincinnati," Feb. 8.
AND
"CleTeland,
"u ti
a ww
135 wachISise 5900;
ap.
lnemdlng
alMia
Write for DODklot.
j3rx-Aaeri-i Use
' Ha wy St Bayae. SOS Sd eve,
Seatt 1. Saa Traaeiaae office
tee Stoaktoa St., or O.-W
R. ti M. V-t aaroi jrttrte.
0. a a. a. a. .. aan.
lagtoa oaw, aunt
a P. s. a. a., eraat
jforuu wm a r. a t
-Doraay B. smltk;
11S Tkus St.
yertlaaa.
Coos Bay Line
'Steamship Breal.wa.er
! Sal rroaa Alnawortb -, Port land, g a. ,
l May IS. IS.. 28. lane S. T. 12. it. t3. XT.
rrctgat ane acset arnee lowar i laaaai in
dock. Port ad A Coa Bar S. S. Uaa, U H.
aaanag. Agaat. Pbaae Mala
las dagalaa sad Saa Dla e, .
STEAESHIPS YALE AND HARVARD
Bailroad ar aay at easier to Saa rrame u.
tba Exnoattloa -City. La rgaat. raat aad
tbe OKtY strietly flrat-eUaa peeaaagor aaipo
oa the Coaat. Average apaad. 2S aillaa aa
soar. Coat f2.eoo.OUO eacb.
fJ-T TB-jrciSCO. FOBT-AB9 OS .
aso.es S. S. CO.
Trait lal a. Aa I
134 Tblrd St. Mala
A-4-M.
V.
ft W
1 Going or Coming
' Travel ty the
I HAMBURG-AMERICAN LLK