The Oregon daily journal. (Portland, Or.) 1902-1972, June 09, 1915, Image 10

The Oregon daily journal., June 09, 1915, Page 10, Image 10

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Newspaper Page TextTHE OREGON DAILY JOURNAL, ', PORTLAND, WEDNESDAY, , JUNE 9. 1915. U.2 1 i J a c 4 K I I PACIFIC COAST POTATO CROP PROMISES IS FOR SOME NEWS OF THE PACK Outside Buyers Not Ordering Shlp menta Forward as Eagerly as In r Former Seasons Talk of Cut in . ' Freight Is Factor. l Sale of canoed salmon are very slow, according- to fratUoc Colombia river, packing Interests. . " Tbe eastern aail middle weit trade seems to waiting newa regarding the extent of tbi year's pack long- the Columbia-, aa well aa the definite acttlement of the proposed - reduction In the rail freight rate. While moat Columbia river canners assert that' they have already secured condition or ders for their probable puck thla season, there has : been little diapnaitlon among the oat aide trade In ordering carload lota forward. tthipineata made up to this time have been made on -tbe basis of last year's opening vricea 11.05 for pound talla and $2.10 for . pound flata. Theae prlcea win be maintained unless there is a noticeable Increase in the output . or else foreign conditions are such that the - pack of outside districts will com pete more generally for the domestic trade with the Columbia river output. While there has always been a foreign df mand for the superior quality spring pack Columbia river Chinook, packers have had practically all the domestic business tbey eould take care of, therefore did nut desire the' foreign 'order. On the other hand, Pnget round and Alaskan packs were sold much in foreign markets. If the freight situation abroad Is so congested that It will be im possible: for Paget sound and Alaska to se cure their normal European trade, then there win be greater competition for the home demand. This condition is believed likely by some of the .leading Interests who are fore casting a decline of -Oc a dosen for Columbia river offerings. WILD BLACKBERRIES RIPE Wild blackberries are ripe and Initial sup plies are being marketed. Reports from near by points indicate that the crop is quite good nd that general marketing will start within week.' i ? m VEAL MARKET i IS HIGHER 1 Farther advance is showing in the market for dressed calvca along Front street. Sales ' of .topi see reported today up to 11c a " pound. Receipts conUnne very small with de mand good. Dreased bogs alow. BETTER CHICKEN DEMAND Some Improvement is showing In the demand for chickens. While the best call Is for aprlnga weighing about two pounds each, tbe eall is more extensive for all offeringa. Clean, ops reported at 12c. Large springs 22&25c. NEW RED ONIONS ARRIVE "i First new crop red onions from California in sacks made their appearance along Front street daring the last 24 hours and were quoted a,t $1.75 a Back generally. Old local onions are in very small supply with prices generally firm around $1.50(u,1.75, BRIEF NOTES OF THE TRADE Raspberries are in larger supply but are held at $2 generally. ' Currants are alow sale with larger supply. Priced at $1.50. Tralnload of bananaa arrived today. Fruit good but green String beana are cheaper with larger sup plies. Local peaa are in larger supply with sales down to 5c for best. SHIPPERS WEATHER NOTICE Weather bureau sends the following notice to shippers: 'Protect shipments as far north ss Seattle ' against maximum temperatures of about 72 degrees; northeast to Spokane, 78 degrees; southeast to Boise. 78 degrees; south to Ash land, K4 degrees. Maximum temperature at Portland tomorrow about 72 degrees. STRAWBERRIES ARE HIGHER Market for strawberries shows a further TRANSPORTATION San Francisco Los Angeles ("Without CaaasTf) b BontO Tbe Big. Clean. Comfortable. Elegantly Appointed, Essr-O-olnsr Steamship ROSE CITY ' Sails Troxa Alnsworth Sock 9 A. M., JUNE 11 10O Groldes 3SUes on Oolnmbi ZUver. All Bates Include Berta ana MesOa. " Table and Serrice VnexoeUed. Tbe Ban Tranciaco Si Portland 8. s Co Third and Waahlnrton sta. (with O-W. B. It IT. Co.) Tel Broad, way 50. A -6121. loShtioirs SAN FRANCISCO ROUTE TO 89 Hours at Sea Six-Deck. 24-Knot, Triple-Screw - Palatial - S.S. "Northern Pacitic" iS Z2 20. 24, 28. Every Tues day Thursday and Saturday thereafter. SJe?mS Lray leaves North Bank Station :30 A. M. 8. S. arrives 8. F. S:30 1. M. next S"y- PMLmv 8- ao- Excursion rate? Exioltiona. Express service freight TICKET OFFICE, BTH AND STABS ' ' San Franoiseo 666 Market St. American-Hawaiian Steamship Co. . ' PrelgHt Berrlo Frequent Portland Sailings 9VSi New Low &2LS York Rates SS&r Boston O. X. KESZT EST, Ag'ent, v., ' 870 Stark St.. Portland, Or. COOS BAY AMD EUREKA. S. S: KILBURN SATXS MOHDAY, JTTHE 14, 6 P. K . OETH PACIFIC STEAMSHIP CO. . Ticket Office J Freight Office 122A 3d St. ' Foot Northrup 8t Ualn 1314. A-1314 I Main 6203. A-54si .SIlHIl BRIMWATER Kalis tiM AtaiinTtk XWilt ' V&rt. ; Tharedar. freight aai Tleket sff'ice Aina. isws. . Fuonm laaa Moo. : A-aaa r. Tieket office, M bizth st, Phou MimuTl mow, jijis-- fprossq m uoos mT S. Is. Lias, STEAMSHIP Bella Blreet tor San Fraaoleca, xw . Antreles and Saa Dleg-o. Tomorow, 20 P.M., June 10 " HAW FBA.iT CISCO. FOBTI.Al!rX ft , XrOS AHOXIiBS STEAMSHIP CO. ' . PBAHK BOUCuaJS. A rent. 134 Third St. A-456. Main 28. CANNED SALMON WAITING - - DUN'S REPORT: IS . OPTIMISTIC FOR PRESENT MONTH Farther statistical evidence of. improving business conditions is frond In the record of commercial failures, which hare shown , a steady reduction month, by month, and In May made mneb the best exhibit of the year. " Votal insolvencies daring that period, as reported to R. ffl. Dan Co., numbered 1707. as drains 20631 in April, 2060 in March and 2278 in February, while there was a decrease of 1141 suspensions from the January ngnres or fully 40 per cent. -Moreover, the $21,053,212 of lia bilities ; involved by defaulting concerns last mcnth were not only the smallest of the year showing a marked jontractton as compared with January, February and April but were also less than those In Hay, -1914. when the amount was S23.447.406. In point of number, on the other hand, the Insolvency returns still Indicate a mortality above the average, last month's returns disclosing increases of 4S8, 461, 503, and 701 defaults, respectively, - in comparison with the 'our immediately preced ing years. It Is encouraging, however, that the i expansion, over former periods is not so pronon need aa heretofore and . the progressive improvement in the fellure statistics pro vides additional evidence that general busi ness conditions are gradually returning to normal. Betterment in the Industrial - situation la reflected in the diminishing manufacturing losses, which In May nnmbered 3JK, or exactly 100 less than In April, and only 68 more than In May, 1IJ14, when 322 such reversea were reported. In each of the three months prior to April there, were more than 500 failures in this division and In comparison wltu January the record now shows a re duction of 161 insolvencies. Moreover, the $6,721,884 of indebtedness involved by the manmfaeturlng suspensions made a decidedly gratifying exhibit, not only being much the smallest of the year, but also- showing a ma terial contraction as compared with the $10. 840,19 owed in 1914, and falling somewhat under the figures for 1913. advance both along Front street and on the East Side Farmers' market. Sales were re Dorfied along the street today at $1.251.50 a crate with Farmers' market at $1.25Q1.40 generally. JOBBING PRICES OF PORTLAND These price are those at which wholesalers sell to retailer, except as otherwise stated. They are corrected up to noon each day: Dairy wrceuoa. BUTTER Nominal. Willamette valley creamery . cabes, selling price. 234c: stste prints, 25fe27Mc; ranch batter. 16Vic; clt creamery, case lots, 27 V4- BtlTTEBFAT No. I Portland deUvery. 26e. F.HOS Nearbv fresh It gathered, candled. 20ftf21c; case count. ISc I.I VK POULTRY Hens. I'lymmitti Ro-c. 1212Hc; ordinary chickens, 12c; broilers, 1 to 2V2 lbs.. 2025c; turkeys, 1820c: dressed 22Ssiic; pigeons. $1.001.25; squabs ( ) docen; geese, live, S4c; Peking ducks, old, 10(3 lie; young, 25c. CHEESES Fresh Oregon fancy fnll cream twins and triplets, 14 15c: Voung America. l&'ttiac; storage flats. 14X4c Fruit and Vegetable. FRESH FUlilT Oranges, navel. $2.5023.23; tangerines, $15; bananas. 4 V4c lb.: lemons. a.04;5.00; limes, $1.00 per lOU: grape fruit. S2.504v4.liO per case: pineapple. Tc Hi.; pears. $2.50; strawberries, local, $1.251.50; goose berries, aictiS'jc; currant t, fl.2iml.H); rasp berries $.0u. APPLES Local. $1.002.50 box, according to qi'ality. ONIONS Local No. 1. $1.501.7lfi new Cal ifornia, SI. 20y,l. 75 crate; red, $1.75 sack; garlic, 17Vj-'. k-K't A i U.-..S. .Veiling price: Extra ih"lfe t. ble stock $2.00 per cental; new California, 2&3i4c per lb.; sweets, $3.25. VcUaXAULEsi lurulps, ai.id; beets. $1.73 sack: carrots, new. $2.00 per suck: parsnips, $l.O0Q1.25 sack; cabbage, local, l$2c lb.; green ouxn, 12 Vic- dozen bunches; yeppers, bells, 20Oc; hi-ad lettuce, local. 30c duzen; celery, per crate, $4.5O2f5.0u; rhubarb. IVi 2c; cauliflower, $1.15 per dozen; French ar tichokes, Soc per dozen; string bean&. ttfcjTc; cranberries, eastern, $U.OO per barrel; peas, 5c per lb. r asparagus, local, 85c-$1.25 per dozen; radlsheB, late per dozen bunches. M bats, Fisii and Provtsioas. DKBSSEU ilKAl'b Selling price Conn try Killed: Fancy lioga. 10c: rough and heavy, SDe; fancy vesia, 11c; ordinary, S39c; pour, 6ac; goats, 3(ac; spring lambs, 15 ml -"!-, heavy uiuttou, 5c. HAMS, BACON, ETC. Hams, 18Q19c; breakfiit bacou, 17W2-JC: boiled bams, i!7c; picnics, 12Vsc; cottage roll. ISc. OiSTEUd Olyuipla. per gallon. 3J50: caaaved eastern. 55c can.; $i.aO dozen; eastern in siiell, J.bi per iOu: rasor clania, t.Hj twx easnern oysters, per gallon, solid pack. $3.0u! FISH Dressed flounders. 7e; stt-elneid sal mon ) ; Boyal chioo'k. 10c; Puget Sound salmon, be lb.; perch, tiigsc; lobsters, 25c lb.; silver smelt, be; naliuou trout, letc lb.; hali but, titesc; shad.dressed. avi44c; shad hoe lc, roe shad, Sc lb. UUU Tiercek. kettle rendered, 14c: stunaaid. 12c. CUABS Large J1.T3: medium tl.23 dosen. Hod. Wool and Hides. HOPS Buying ?rice. choice, 10c; prime. 10c; medium to prime. Wc; medium, Hk lUlo cunuacts, 0VC. ' WOOL Nominal. 1U1D clip; Willainetre val ley, coaiKe (.oLswuid, 25c: medium Shropshire. 20c; chuica, lancy lobs 2bc; eaateru Uregonl Ht2c. IHL.KS Salted hides, 25 lbs. and np 1414c taUtea stags, 50 lbs. aud up, 10c; salted kip' 16 lbs. to 25 lbs., 15c; sailed calf, up to 15 lbs., ISc; green hides, 25 lbs. ami up 13c green atags. 6U lbs. and up, bfcc; green kip! 15 ins. tat 25 lbs, lbvi greu cau. up to 15 lbs., lac; dry fUut hides, 24c; ory fUut calf upi to 7 lbs., 2tsc; dry salt ' hide 2oc; dry horsehides. euch, hoc to $1.U0; auit honwhides each, 2.00 to $3.00; horsehair, 25c; dry ioni wool pelts. 14c; dry snort wool peita. lOc dry sheep shearlings, each, 10c lo lie; salieJ sheep shearings, each, 15c to 25c. TALLOW lin. i. 6aJ4c; s. 4e5c grease, a(ii4c ' MUlUiu 1U15 81C. CHlTTlil oil CASCABA BABK Burin price, car iota, W4fec; iea ,uulu car JotsT c. Groceries. SUGAK Cube, $7.40; powdered, $7.20- fmlt or berry. $tto; beet, $tt.70; dry gmuulatea (tflVO: l yellow, $00. .(Above yuoutioutw "are tfp uays net cash.) ElCbi-Japaa style No. 2. 4jiia5c: New Or leans, beau. tktt-fec: blue roue. tf4e; crsula 6c. SALT Coarse, half arrounds. 10O. 13.75 dm ton; . $100: tHble dairy. 60s. l; iuT kin. 50: balea, S2.25; lump rock. SO.Ou otr tun HONBi-New, 3.25Wa.oo per case. U&ANS Small white, SB.OU; Urge white SOlUO; pink, SOii liuu, eo.00; bayou, Xtt.0o; ted. ufec Faints and Oils, UNSEED" OIL Uaw bbla., 77c gallon- ket tle boiled, bbla., 7c; raw, cases, ozc- boiied. cases. S4c gal.; lots of 250 gallons, jc on cake meal. S44 per ton. COAL OIL Water wblto la drums and iron baii els. loe. TUUPKNTINK Tanks 61c; cases 68c gallon. WHITE LEAD Ion lota. 8c lb.; buu lb. lots, tc lb.; less Jots, Sc per lb. OIL altt.AL--CarlOHd lots, 34. POTATOES AIjONG THE COAST Seattle Market. Seattle, Wash., June . (U. P: Butter: Native Washington creamery brick, 27c: do! solid pack. 26c . Cheese Oregon triplets, 16c; Wilson twins. 17ic; do, trlpleU, 17c; Washington twins, lc: Young America, ISc. Eggs: Select ranch, 23c. San Francisoo Markets. Saa Francisco, June 9. (U. P.) Potatoes new, $1.251.75 pr cental; Oregon Bur bank! $l.S0Q$2.0O. Seattle Market. SeatUe, June 0. (U. P.) Onions Oregon. $1.75(32.00; Yakima, 75c(g$l.O0. Potatoes Yakima Ciemu, $40; Idaho and Montana, $35S7. COAST BANK STATE3IENTS Portland Banks. Clearings This Week. Year Ago Monday ..J1.V28.425.36 $2,147,160.60 Tues. ..... 1,748.406.91 1.788.669.42 Wed. 1.672.849.97 1 7151206 24 Xioa Ang'eles. Clearings Balances .$4,118,976.09 229,087.00 Seattle Clearings Balances .$1,761,334.00 . 145.069.00 San Francisco. i. $8,213,582.00 Clearings ; New York Metal Market. New York, June 9. Commercial bar silver unchanged at 49 Vic. .... Copper Electrolytic, 19620c , . Lead $4.S54.5.- , - - - i Tln-$37.50i 38.00. ' - - t - : Spelter $27 nominal.'' ' " : Edited by Hyman H. Cohen. POTATO CROP GIVES PROMISE OF: BEING GREATEST ON RECORD Acreage in Spuds More Than Ever Before in Pacific States Out- ; look for Production Is Unusually Favorable. . ' T - . Coast Potato Forecast. I Bushels. j Probable . Acreage. Product'n. Oregon . .... 67,000 21,000,000 Washington . 68,000 22,000.000 Idaho . . .... 38.030 13,000,000 r- California L. 76.000 ' 32,000,000 . ' i , i ... Total 1915 ..249,000 78.000,000 Total 1914 ..237.000 50.000.000 . . 1 By Hymon ill. Cohen. Barring accidents to the crop later in the season, the Pacific coast stages will this season produce fsr their greatest crop of po ts' toes, j A survey of the situation, made by The Journal, through various thippers and pro ducers, indicates a total output of 78.000,000 bushels of potatoes along tbe coasts compared with 60,000,000 bushel a year ago. Two reasons are given for this probable great Increase In the 1 output. There Is a very material increase in the acreage in all Pacific northwest points this season, as com pared with a 'year ago, while in California the showing is somewhat better, too. Tbe greatest acreage along the coast this season is in California, ! where the total plant ing is put at 76.OO0 acres, while Washington comes next with an acreage of 63,000 or 1000 acres more than Oregon. Timely rains in the Pacific northwest saved tbe early potato crop j this season from al most total destruction. 1 Previous to tbe rains, the plants were beginning to look sickly, but since then they have revived and today are showing normal condition, ' While some late planting is still under way, sufficient data has been secured through sell ing Interests to indicate what the total will be. While the late planting will be some what curtailed from that of previous years, the grand total of both plantings is greater. The increase in the I early planting was marked. Were it not) for the faet that it has been almost Impossible for many interest who Intended to plant late potatoes to secure their seed, the totals would be still greater. The early California crop was below expecta tions, both as regards! quality and quantity. New crop potatoes from this section are Just appearing and they are not only snowing very favorable size much better than any recent year but they are of excellent quality. Bryan Resignation Fails to Affect the N. Y. Stock Market New York, June 9. (I. N. S.) The resignation of Secretary of State Bryan from the cabinet had little or no effect upon the stock market today. When the market opened the majority of the leading securities were a shade lower than the ciosing last night, the losses in the stand ard issues ranging from a fraction to a point. The slight decline was due to the expected firm tenor of the president's note to Germany. Early in the trading gains were recorded in the entire stock list and before the end of the first hour nearly i all the leading issues were well above yesterday's close. Bethlehem steel, the leader of the so-called "war" stocks, discounted the news by soaring to the high'est price in its history. The stock made a new high record in the first hour of trading when it climbed to 168, three points above the previous high mark and 9 points above the opening. In the other industrial stocks, Westlnghonse Electric advanced to 96 early in the trad ing after opening at 4?4. a point under the previous close. Copper shares were strong and higher. Tennessee copper gained 2 points early, sell ing up to 38 Vi- 1 Railroad stocks, after opening slightly low er, advanced fractionally. Beading. Union Pacific, Canadian Pacific. Southern Pacific and St. Paul all moved upward. The market gave a ; good account of Itself in the afternoon trading. There was some scattered, liquidation and speculative selling but all offerings were well taken. Many long stocks . were uncovered and this fact, together : with realising sales, caused some decline. Near the close the mar ket developed an unsettled tone. The ma jority of the leading issues closed with a de cline. Range of "New York prices furnished by Overbeck & Cooke Co., 216-217 Board of Trade building: DESCRIPTION lOpen I Hlgbj Low Close Amai. Copper Co I 73 I 73 Am. Car. & F., c J 53&I 53 71 52 3H '46 105 74 122 34 71 52 39 46 46 106 74 122 34 27 Am. Can. c 40 40 Am. Cotton Oil, c Am. Loco., c 47 48Vi Am. Sugar, e .105 101 H Am. Smelt, c 74 75 Am. Tel.- Tel.. 122 122 Anaconda Mining Co. . . 34 35 Am. Woolen, e Atchison, c 100 100 Atchison, 4f - B. 4 O., e 72 73 Beet Sugar .1 46 f 47 Bethlehem Steel, c utt57 168 Rronk. Rjintri T I 88V.' 88 99il00 99 72 4 156 87 73 46 161 87 151 36 Canadian Pacific, c. .-157 jl52 150 Central Leather, c. 37 38 do pfd v... Chicago Sc G. W., c.v Chicago, M. & St. P..- Cbino Copper Chesapeake A Ohio. . . Colo. F. it I., c ! Colo. Southern, c ... Corn Products, c do pfd. - Denver a B. O.. c. .... Erie, c ...... General Electric ...... Great North., pfd.,;..' Illinois Central ....... luterurban Metro., c. . Lehigh Valley Kansas City South.... Goodrich ! Alaska Gold Louisville a Nashville. Mo.,, Kan. Texas, e. Mo. Pacific National Lead Nevada Consolidated ... New Haven N. Y. Central i, . N. Y.. O. & W Norfolk Western, e. North American Northern Pacific, e... Pac. Mail Steam. Co. . Penn. Railway P. U., L. ft C. Co. .i. Pressed Steel Car. c. Ray Cons. Copper Reading, e Rep. iron tc Steel, c. Rock Island, e S. I. S.- P., 2d pf. 8. L. S. F.. 1st pf . Southern Pacific, c. Southern Railway, c... Tenn. Copper - Union Pacific. C ..... 103 91 46 39 SO 01 46 40 30 "l4 90 45 39 29 14 90 45 39 29 28 14 77 9 25 25 26 25 163 118 167 163 164 117 107 118 117 21 22 21 21 141 143 141 141 25; 45' j 35 25 46 36 25 44 ii7 10 ll1 64 15 25 44 84 Vi lot? 11 64 15 62 , 86 26 117 117 1W7 11 64 15 64 86, 12 64 15 65 64 86 87 103 14 105 26 106 105 261? 105 27 105 23 106 106 106 114 45 24 143 2S 18 46' '45" 45 24 142 2H 18 4 8 86 15 36 125 80 63 56 100 30 60 84 34 71 24 23 141 28 18 144 29 10 87 15 36 125 87 86T6 15 36 125 80 64 56 1W 66 is 37 126 Union Pacific, pf.. ... . 81 HI .1 64r 65 U. M. Steel Co., e..,. U. S. Steel Co.. pf.... 57 58 109 67 109 68 Utah Copper ........ Virginia Chemical . ... Wabash, e - Western Union Tel.... Westinghonse Electric. Wisconsin Central, c.. Stndebaker j . 66 94 "78" 07 96 74" 66 94 io" Total sales. 677,900 shares. P. O., L. C. Co.... ...-I- .1114 New , York Cotton Market. Month. - Open. - High.' Low. ' Clove. January .100. IOU . : 1001. ' ,1001 March 1042 1037 1025 ' 125 May ,.... ' " 843 July ............ 944 94. ; i939 B't4 October : 976 . 9S1 072 ' 971 Ifeeember 1002 '" K107 . 907 '997 TO BE 78,000,000 BUSHELS weakness very .intensewith; cereals weaker WHEAT CARGOES DTJIX - London, Jane 9. Wheat cargoes on passage steady bat CuO. NORTHWEST GRAIN RECEIPTS -Cars- Wheat. Barkrr.Flr. Oats.Hay. Port In nil today. . 14 .. 1 .. 2 Year age....... ft "1 '11 2 5 S-son to date.. 16.298 1903 1873 1884 2060 Year ago... 15,651 2731 2809 1694 2731 Tscoma, Tues.. 15 . w e .. . 1 .. Year ago 27. 1 .. .. 1 5 Season to date. . S.035 614 " .. 674 S163 Year ago. ...... 8,103 830 ,. 486 2495 Seattle. Tues..i 4. 0 .. 1 Year ago....... 8 . .-'- 8 3 4T Season to date. . 7.735 1120 " 2331 1232 5670 Year ago. 4 ... . 8,825 1156 2117 1308 5086 Weakness was again Intense in ' the local gram market. Throughout the Pacifie north west there is utter stagnation In the trade. ! No efforts are being made to buy by any of the leading operators except whenever they hare orders. These are only for im mediate requirements. . California la not inclined to take bold at all- Flour trade there is reported Just ss stagnant as here. Large stocks of high-priced patent are held and millers do not care to farther burden themselves with whest, es pecially as there is more or teas general talk of aharply reduced values for the coming crop. ' No session of the Portland Merchants' Ex change will be held Friday on account of a holiday, it being Portland day in tbe Rose Festival. FLOUR Selling price: Patent, $6.20: Wil lamette valley, $6.20; local straight, $5.80; bakers' local, $6.20; Montana spring wheat, $7.20; exports, $4.50; whole wreat, $6.06; graham, $5.80 per barrel. HAY Buying price: Willamette valley tim othy, fancy, $13.00; eastern Oregon-Idaho, fsncy timothy. $16.00; alfalfa. $13.0013.50; vetch and oats. $11.00; clover, $8.O09.00 per ton. GRAIN SACKS 1915, nominal; No. 1, Cal cutta, 7e. MILLSTUFFS Selling price: Bran, $27.00 27.50; shorts. $2S.OO29.00. ROLLED BARLEY Selling price: $29.00 30.00. CORN White. $34.0035.00; cracked, $35 36. SO per ton. With no sales today, bids for spot wheat on the Portland Merchants exchange were.3f 4c a bushel below yesterday, with the ex treme top at U2c for bluestem and the low points at 82c for red Russian. Spot oats bids were 5c a ton lower, while spot barley was $1 off. No sales in either line. Merchanta exchange spot quotations: WHEAT Wednesday. Tues. Man. Bid. Ask. Bid Bluestem ...$ .92 $ .96 $ .95 $ .98 Forty fold ... .90 .i5 .94 .97 Club 88 .94 .93 .95 Red fife 86 .;t .90 .91 Red Russian .82 .90 .5 .90 OATS Feed .23.00 25.00 23.50 24.00 BARLEY Feed 21.00 23.00 22.00 22.00 MILLSTUFFS Bran 24.50 26.00 25.00 25. 0O Shorts 24.50 27.00 25.00 24.00 Futures were quoted: WHEAT Bid. Ask. July bluestem $ .91 $ .4)6 July fortyfold . .'. 0 .97 July club 88 .95 July red fife .84 .94 July red Russian .30 .90 ' OATS July 23.00 25.00 BARLEY July ." 20.5O 23.00 BRAN July 25.00 26.00 SHORTS July : 25.00 27.50 AMERICAN LIVESTOCK PRICES Denver Hogs Higher; Denver, Colo., June 9. Cattle, 1400, strong: beef steers, $7.50448.60; cows and heifers, $5.507.0O; -calves, $8.0011.00. Hogs 600, 6c higher; tops, $7.65; bulk, $7.507.55. Sheep 50, stronger. St. Louis Karket Steady. St. Louis, Mo., June 9. (I. N. S.) Hogs Receipts 13.500, steady. Pigs and lights, $6.25 4(7.85; mixed and butchers, $7.6o!.&5; good, htavy, $7.707.80. Cattle Receipts 2100, steady. Native beef steers, $7.509.25; yearling steers and heif ers, $8.uom.30; cows, S(i.007.50; stockers and feeders, $6.008.25; couthern steers, $7.25 &8.05; cows and heifers, $4.006.50; native calves. $6.00 10.00. Sheep Receipts 2200, steady. Clipped mut tons, $5.00tf.OO; clipped lambs, 1$9.0010.35; spring lambs, $10 11.50. Kansas City Cattle "Strong. Kansas City, June 9. (I. N. S.) Hogs Receipts 9000, steady. Bulk, $7.60(37.70; heavy, $7.607.75; packers snd butchers, $7.60 7.70; light, $7.6l7.75; pigs, $6.757.70. Cattle Receipts 4O00, strung. Prime fed steers, $8.75&jU.25; dressed beef steers, XS.O0 8.95; western steers, $7.5o4j8.70; stockers and feeders, $6.258.40; bulls, $6.00j6.75; calves $7.2510.00. Sheep Receipts 5000, market steady. Lambs $8.50(11.50; yearlings, $7.2oi9.50; wethers, $5.76fe7.25; ewea. $5.O06.0O. Chicago Hogs Strong. Chicago, I1L, Jnne 9. (I. N. S.) Hogs Receipts 3200, strong, 5c above yesterday's average. Bulk $7.0s7.75; light, $7.50(87.75; mixed. $7.40&7.77; heavy, $7.107.67; rough. $7.1037.23; pigs $6.007.50. Cattle Receipts 16,000, firm. Native beef steers, $8.75a.50; western steers. $6.80 8.I0; cows and heifers, $3.208.75; calves, $7.5010.25. . Sheep Receipts 8000, strong. Sheep $6.40 7.2o; lambs, $7.75&10.4O. Omaha Sheep Higher. South Omaha. June 9. Cattle 4300, stesdy to strong. Steers $8.354jS.85. Hogs 10,300, steady to easier. Bulk $7.35 7.5o; fop, $7.55. Sheep 1000, 10c higher. Lambs, $10.35 10.70; ewes, $5.50ij6.1O; spring lambs, $10.00 11.75. Postal Savings Banks Show Gain Postal savings bank deposits jumped another $1000 during the week ended June 5, according tar reports made pub lic tody. The figures fellow: Depos- "With- Balance. Its drsLv&ls Main office .J17.804 $17,385 $ 905.854 Station A ... 640 730 27,209 Station B ... 70 23 3.752 Station C ... 85 25 1.451 Station D ... 428 306 8,433 Station B ... 665 622 41.031 Station F . .. 132 . 40 3,434 Station G ... 66 95 3,062 Station H ... 58 33 1,681 Arleta 185 10 2,223 St. Johns branch .... 50 9,163 Totals .,..$20,183 $.3.9,269 31,007,693 San Francisco Grain Market. San ""raiw.Uco. June 9. Barley call: June 9. Jnne 8 Open- Close. Close. December . $1.15 $1.15 $1.14HB Spot quotations Wheat: Walla Walla $1.75 Cil.77: Turkey red, $1.67L70; bluestem, $1.771.82H. . , Feed barley $1.0241.05. White oats $1.45(31.60. -- Bran $26.50i!27.00; middlings, $32.00033; snorts,: $290)0320.50. -- Foreign Exchange Rates. , Merchants' National bank quotes foreign ex change: London Sterling. $4.81. " Berlin Marks, 21.06. Paris Franca, 18.75.. Vienna 15.73. Athens 19.22. ' Hongkong-Cnrreney 44.10. New York Sugar and Coffee. New York. June 9. Sugar, centrifugal. Jnne. $4.96; July. $5.02. Coffee, spot New- York, No. T; Bio, 74e; No. 4 8antoe. 9e. Liverpool Wheat , Market-4 Liverpool, Jane fl. Cash wheat uachangsd. CALIFORNIA SENDING : MORE CATTLE HERE MARKET HOLDS ILL Seven loads In From Merced This ( Morning Bargain Day In Hogs Brings Out Shoppers Mutton Conies on Contract. PORTLAND LIVESTOCK RTJJt Hogs. Cattle. Calves. Sbeep. 959 1H2 365 74 1123 18K3 2712 1657 422 618 Wednesday Tuesday . Monday . . Seturday . 729 216 50 138 35 4 11 3 128 56 410- 6 .. 74 .. 2855: .- SOT. 25 4 4 9 8 1 Tiaay . Thursday 308 216 Week ago 318 Year ago.., 618 Two years ago.. 483 Three years ago- 104; " Movement of cattle i from California is pro gressing liowly in .this direction. Seven loads came forward from . Merced for the North Portland market today and commanded quick sale with steers around $7.50. Considering that the arrivals are grass fed, this price is considered a very favorable one. J General cattle market situation at North Portland is steady to strong, although there JS? Pc,al hrry among killers to take hold. Cattle market trade st eastern stockyard centers today wss generally steady to strong, with price advances at some points General cattle market range: Select steer. 7 Beet bay fed steers. 7.50 Good to choice 7.23 Ordinary to fair 6.006.75 Best cows , . 6 50 Good to prime .'..'.'.'.'.'.'.'.'.".'.I 6 25(fJ6.'40 Ntlect calve, 7 0O7.75 Jancy "lls 5.255.50 Ordinary bulls 4.005.00 Bargain Day for Swine. It was bargain dsy in swine and the bar gain shoppers were out in force. Their tac tics were similar to buyers at dry goods sales, all seeking to secure supplies below their actual value. Best offerings in the swine di vision were not above $8 today, this being a dime below what similar qnallty was eas ily dispoeed of on Monday, although the bulk o the business then did not reach the ex treme mark. Market for swine -was steady to easier at stockyard points in the cast and central west today. General hog market range: Best light f 8 OO Medium light , 7.85IS7.90 Good to heavy 7.607.75 Lough to heavy 6.50(70 V utton Comes on Contract. Leading killers are no longer willing to swait arrivals at the stockyards for their act ual requirements. Bulk of the stuff that has been received in the sheep pens at North Portland of late has been shipped on contract to killers. General mutton market situation continues steady here, with no. apparent change in quo tations. Mutton market ruled strong generally at eastern points, with Omaha up a dime for the day. t General wool mutton market: Choice spring lambs $7.75(g8.0O Common spring lambs ; 6.00Cs8.5O Choice yearling wethers 6.(XHg,.25 Choice yearling lambs 6.00(6.25 Good yearlings 5.50)5.75 Old wethers i 5.75(46.O0 Choice light ewes 6.00435.25 Good ewes 4.50(0.5.00 Common heavy ewes : . . . . 4.00Qi4Jid Today's Livestock "Shippers. Hogs G. H. Webber, Centerville, Wash., 1 load; Robert McCrow, Gotdcndale, Wash., 1 load; 8 meed A Viak, by boat. 62 head. Cattle A. F. Hunt. Merced. Cel., 7 loads; Fred Adams, Deer Island, 1 load. Sheep P. Deer, McMinnville, 1 load; F. O. Smith, Granddalles, Wash., 3 loads. Mixed stuff Reese & Loot, McMinnville, 1 lead bogs and sheep; F. K. Parker, Plainvlew, 1 load hogs and sheep; F. B. Decker, Silver ton, 2 loads hogs snd sbeep direct to Cnion Mest Co.; Redmond Lumber oc Produce Co., Redmond, 2 loads bogs snd sheep. Tuesday Afternoon Sales. HOGS Section. No. Ave. lbs. Price. Oregon 8 220 $8.10 Oregon 12 - 200 7.15 Oregon 13 131 6.75 Oregon 23 160 6-50 Wednesday Horning Sales. STKKRS Section. ! No. Ave. lbs. Price. California 23 1092 $7.50 California 27 KW3 7.50 California i 26 114 7.50 Oregon 1 6X0 6.00 Oregon 1 470 4.00 California 1 1180 7.50 COWS Oregon 2 900 $8.35 Oregon . 1 1050 4.75 California 27 982 6.53 California 1 1030 5.50 LAMBS' Oregon 1 70 $7.50 Oregon 17 60 7.O0 YEARLINGS Oregon 1 00 $5.75 WETHERS Oregon ... 2 05 $6.00 EWES Oregon 3 110 $5.23 HOGS Oregon 59 192 $8.00 Oregon 47 215 8.00 Oregon 17 2oo 7.50 Oregon 6 170 7.50 Oregon 2 S60 7.00 Oregon 1 300 7.00 Oregon 1 200 6.50 Washington 92 200 8.00 Washington 83 210 7.90 Washington ........... 1 310 7.60 Washington .......... 3 150 7.00 Washington 4 355 6.90 Washington .......... 1 620 6.00 Chicago Wheat Has Sharp Loss Today; July Severely Down Chicago. 111.. June 9. (I. N. 8.) Wheat closed 34,e lower. Opening prices in the .whest pit today were slightly lower. July wheat started lower, while September was down c. The trade was not large. The government crop report, showing 950,. 000,000 bushels of wheat, was about what tbe trade expected i Later In tbe trading there was a good buy ing movement In wheat and values advanced somewhat, but again reacted.: Prices - in the corn . It were higher at the outset. Juy was np e snd September started lc higher. Tbe weather waa the main influence of the com market. Oats was practically unchanged at the outset, while provisions were weak. Range of Chicago prices furnished by Over beck tc Cooke Co., 216-217 Board of Trade bldg. WHEAT Month. Open. High. Low. CIo. July .....$1.11, $1.12 $1.074 $1.07 Sept. ..... 1.0S54: 1.00 1.05 1.06 ' - .. CORN July 71 i .72 .70 .70 B Sept. 72 . .72 70 .70 '.-..-- OATS -July .44 .45 .43 .43 Sept. , .40 .40 .39 .3A POKK July .....7.82 j 17.95 17.82 17.82 ' Sept. .....18.25 f 13.32 18.20 18.20 A . i LARD " ' July ..... 9.67 ! 9.67 9.62 9.62 A Sept 9.90 r .5 9.87 9.67 B RIBS - ' July 10.52 j 10.52 10.42 .10.47 B Sept. 1Q.82 1- 10.86 10.77 10.80Q77 DAIRY PRODUCTS ON COAST . Baa Yreaciseo Market. San yranciseo. ! June 0. Eggs, extras, 22c; firsts. 19c; - pullets.' 18e. - Butter Extras; 24e; prime firsts, 23c. Cueess -California fancy, lie; firsts, 10c; seconds, 86k ' m - . - IVes Anseles Market. Ls Angeles, J,une S. if. K. 8.) Egf Case eeaat. 21e. . - - , - Butter Freah, extras. 24e, jobers' prices. ' Buenos . Aires Wheat. Buenos Aires. June 9. Cask wheat 3e lower. STATES EMPOWERED TO PROTECPPRM INVESTOR IN STOCKS . - " " . . . ..(.-' Attorney General . Can - Bring Any Action That Private Person' Could . Brjng. : ORIGINAL STATUTE WEAK Tormcr Cotporatlon . Conunlsatoasx Says 1915 amendment Puts Iff eot Ire Weapons la Hands of Official, - Attorney Ralph A. WatWB. formerly corporation commissioner, who organ - Ized the corporation' department of tbe blue sky law. declares that tbe state, through, tbe 1915 amendments to the blue sky law, bas stepped Into ' the shoes of tbe private Investor for his protection against the stock Jobber and the fraud. "By virtue of these amendments," says Attorney Watson, "the attorney general, or the proper district attorney, can bring any suit or action In the cir cuit court that a private Investor, stockholder, bondholder or other cred itor could bring for his own protection from fraud or loss. "The original statute of 1913 did two things. It said that tbe person who violated its provisions was guilty of a felony and it provided that the at torney general could ask the circuit court to. appoint a receiver for an in vestment company that was Insolvent or was conducting its business in 'an unsafe, inequitable or unauthorized manner, or was jeopardizing the inter ests of Its stockholders or investors In stocks. This receiver was to wind up t"he affairs of the corporation, to liquidate it. Power Was Restricted. "Experience demonstrated that this provision of the statute was too re stricted for good results. It bound the hands 'Of the state and prevented It from reaching out and righting the wrongs that had been done by un scrupulous men. ,. "I the credulous men snd woman going to make up the vast army that feeds on bogus securities had the means and the knowledge to fight for their rights there would be no need for blue sky laws. There are plenty ofinfe. imprisonment. The date Of the vnrr. 4 nn .. . . . . T Vl a n O-l r OT !. .at 4 r v Tun. 99 remedies for every man defrauded but the trouble is that the promoter always takes the money given him bv th sucker and hires the best lawyer In the sucker's home town. "The state has always been able to prosecute criminality for a public wrong, but, until this amendment. It has never been able, by civil suit or action, to enforce private rights or re dress private wrongs. Shall Report Pacts. The amendment says In effect that whenever It shall appear to the cor poration commissioner that any per son or corporation engaged in selling securities of any kind to the public is insolvent or Is conducting his, or its, business in such manner as to jeopar dise the interests of creditors or in vestors he shall report the facts' to the attorney general or the proper district attorney. The latter shall at once make an investigation and Institute such proceedings in law or, equity .In the name of the state as will protect the Interests of the stockholders, bond holders, creditors and investors. . "The amendment Is limited, however, to dealers, those engaged in selling se curities to the public Under Its pro visions the state could not Interfere in the" management or conduct Of a corporation not selling; Its securities. In order to protect or . safeguard the Interests of stockholders or creditors. Weapon Is Strong - One. "The amendment puts a strong weapon of protection into the bands of stockholders, investors and creditors. If they will learn how to use It. If Bill Smith Is Induced to. invest in 'se curities and afterwards, find that the dealer Is Insolvent or Is jeopardizing bis interests, all he will nave to do to gain protection and redress is to make a good prima facie showing to the cor poration commissioner, who will report the facts to tbe attorney general or district attorney, and that official is required by statute to do the rest. In other words the powers of the state and Its machinery steps in to enforce Bill Smith's private rights and to redress his private wrongs." Dardanelles Battle Fireworks j Feature A replica of the battle of the Darda nelles will be the principal feature of the fireworks exhibition at the Oaks tomorrow night In honor of the Rose Festival . ' Queen Sybil and her, entourage will be guests. An unique feature of the entertainment' will be the reproduction ofaQueen Sybil's face , In fire. Man ager Hitt of the Fireworks company has worked for two days to accomplish this. Aeroplanes; submarines, battleships and forts all will .participate in the bombardment, wblch Is said to be un usually realistic i There will be a scrap between Jack Johnson and Jess Wlllard. Scores of the famous lyddite bombs, with their blinding white flash and detonation, hundreds of rockets and a great num ber of set pieces are all promised in the program. , The festival royalty will be taken out to the Oaks In the private car of President Griffith of the Portland Railway, Light & Power company. BOSTON COPPER QUOTATIONS Boston, Jane V Adventure ....... Copper bias; 294jlismi . zssz : ? Ah meek ..... 80 Micbigan AUoues ......... 55 Amalgamated ,...74i Arcadian ........ 11 AUska S4 Baitic 34 Bohemia 2 Boston Ely.. ...... ,25 Mohawk 7,2 ifT.B1" Cont 1SH ?-lSSriBS .: 5 Aorta Butte.. : am North Lake...... 2 "j5" Copper. ... 20 Old- Colony 4U Butte Hal........ ' 3f4 Butte Sop.. ...... 74 Cai. tc Aria...... 63 Cat. A- Hecla. ...6XS HMeeola ......... 85 ynlocy . . ...... . .- 8 . Hay Cons........ 23 rentennial ...... 18'V. Santa W 24 Chief I cma, R2 "Shannon ........ CMno ........... 45 ',4' Mr. a truck ...... Mines. 2 H tewart 2 Copper Bange.'.,. S3Hiuperlor superior ........ tt Sep. A Boston... Cortes Daly West...... Iavis-Da!y ..... Bast Butte...... First Nafl... Franklin Crerne-CaDanra. . nwlft Facklnf ...109 . Tamarack . . .. 3 Trinity ,.....r. TmlnmiH ....... 42 - United .Fruit -'....187 rtiitrd Khoe M'n SOU U. Shoe M'y.,pf. 28 Vi iruh Cons,.'.... 14 Vietoria,. r Winona ......... 4 Wolverine .... B8 Wyandot ........ 1U MeKinley .. :j 28 34 S2 Maneork ........ . 1H IlrlveUa ........ 4& Indiana .......... 7 New inspiration.. Sovi Isle Rnyale. ...... 2V. La Salle 64 l.ukr Copper .... 13 Vi Masoa Valjey.....-: 2 Mass. Mining.... 13 Usyflower ...... 4. Canada ....... . AUronah .......... 2K Kerr lake...,.,,. 4 GENERAL BUSINESS NEW To Stake rarmlxur Csjatsflri,-. t Following- the organisation wf. the Grower union at Albany. C. M, Miller baa leased tbe old Cravrf ord place ' on Calapoola i street 1: whicb - comprises aboujt two acres of land which be pur- ipose to make a center for farming interests of Una county. He baa estab. d'od hat a lrutt evaporator wm be ! n w.u BLW1BSO ttlSOL Miller is advising; farmers ' to pt&nt loganberries, as be believes witb tbe continued spread of the prohibition area - a . greaX demand for loganberry juice and other palatable plants will spring, up. Seep Sbaft Planned, ' Drillers soon will be at work sink ing a. 3000 foot shaft near. Kennewlck to asrcertaln whether the natural gas well owned by Clarke Brothers & Klein of Spokane spells oil. ' The gas -flows sttmntT-lt from Ka m.1 1 w a j strong reason to beUeve that there hs ; stratum or oil somewhere below the ! surf ace to 'P'r lt- ThewDalles,,;Or., Is experiencing a bit of oil excitement alsoL A-few days ago there' was a meeting attended by 100 citizens who listened to the prospects of tbe Beavls May Oil company and bought consiiler- able! stock. Drilling will soon start, it LEO FRANK MUST GO TO GALLOWS UNLESS GOVERNOR SAVES HIM Other Hope Shattered Today When Pardon - Board J Re fused to Commute Penalty, Atlanta. Ga., June 9. .(L N. j S.) -Unless executive clemency Is extended by Governor Slaton of Georgia, Leo M. Frank must bang for the murder of llttie Mary Phagan. I His one other remaining bops van ished today when the state board of pardons, after considering tbe matter for several days, refusea to comma te Frank's sentence of death to one of han'ging Is. set for June 22 Frank heard the board of pardon's decision without the movement j of , a muscle. He straightened up for a sec ond and then sank back In a chair. "My poor little wife" was all that he said. . Governor Slaton so far has studi ously avoided , all discussion of the Frank case and Just what his attitude will be Is not known. Attorneys for the convicted man refused to give up hope and immediately after the pardon board's decision was madeknown left to place the case before Governor Sla ton. . i The members of the pardon board were divided on Frank's application; two members voting against him and the "third in his favor. Mary Phagan was murdered in the National Pencil l factory, of which Frank was superintendent, April 26, 191&, and Frank was placed under ar rest three -days later. He was. found guilty August 23, 1912, and was sen tenced to hang October 10. A motion for a new trial was immediately made, but H was denied October 31. . i - On February 17, 1914, the Georgia supreme court affirmed . Frank's con viction and March ho was resen tenced to die April 17. His execution was stayed, however, when a motion for: a new trial was filed April 16. This application -vat -denied June and on November 14 the Georgia supreme court sustained the denial of the pe tition for a new trial. The case then went, to the United States supreme court and this ! body denied Jiis application for a new trial April 19, 1915. Concert Given by School Children One hundred girls and SO boys of the Washington high school furnished one of the most popular musical fea tures, of today's Rose - Festival i pro- j gram. At 9:15 j this morning j they gars a concert at East Aider street and Grand avenue. The concert -was given under the direction of Professor William H. Boyer. I The school Bong, "Washington," and the chant were accorded particularly Vigorous applause. Among other numbers were "Silent Heros," "Blow ye! Winds. Helgho." ths (.Soldier's chorus from Faust, and others. ' - Sharply at 8:30 - this morning the street band concerts began, and lasted for an hour. -At Broadway and Yam hill. Campbell's American band played; at Sixth and Oak, Brown's band; at Grand avenue and East Alder, Port land's Ladles band, and, at the princi pal hotels, Caldwell's Perrydale band. . Concerts - will be given again be tween Z and 4 o'clock. das and Coke Net j Earnings Decline April Sbowlag 6317 Xs Than la April of 2ast Tsart Fadflo rower fc Zdgfet. April gross earnings of the Portland Oss A Coke company were $6217 less than in April. 191. sccordlng to re cent reports. During the month the total was 397.229 against ,103,644 the previous year. ; . ' i Net earnings for the month were R.107 against 352,601, a decrease of I iFor the year ended April 80, the ; ....a ,mti Mralnn trii reTMirterl .as 3i;268.347. sgamst $1,233.22 ! corresponding, periodof the - Uore. a decrease of $24,882 year be The de crease in net Is given a 316.874. , The report on the Pacific Power Light company for April shows a gross of 3113,503, an Increase of $4938. i Net after tax deductions was $57,080, a de crease, of '$931. ' - -' ''' f-f-- Lv.'-." t iWhen writing or caning on adver tisers, you will confer a favor by men tioning The Journal ' fAdv- Overbeck & Cooke Co. - gtocks. Beads. Oottoa. Orals, Zto. 1816-317 Board of Trade Balldlar. DIRECT PRIVATE WIRES 1 TO AU- EXCHANGES Members Chicago Board of Trade. , ' J - . . r t j Correspondents of Logan as Brras. L Cbicaso.' Kew Tork. . Makes Washing Compound. ' V Another Oregon Industry has Just begun to place Us article on the mar ket The company Is known s as the Handy Manufacturing 'Corrfpany, with headquarters at North Powder. Or. It Is making a washing compound. Hew Prog Industry. There Is a mighty strong probability that Oregon soon will be the site for the frog Industry. The state game warden has received a number of com munications from Baker county, asking where a shipment of the edible am phibia can be secured. Tbe Idaho of ficials In the game department have re ceived like requests. It is understood that an effort will be made to secure a shipment of frogs from California to supply those who desire to raise croak ers for the market. rind Market la CMosro. Douglas ' county farmers "put one over" on their rival counties lst year when they successfully . Introduced broccoli, a Winter cauliflower. They found a good market In Chicago, and this year are preparing to ship ap proximately 100 carloads. It ripens in January and February, and competes In the. east with the Florida cauli flower. The Koseburg farmers claim that theyare making from ISO to $75 an acre ss a main crop and that it Is paying better than any other annual crop they have. GENERALLY BETTER SAYS EASTERN BANK Money . Supply Continues to Be -Abundant and Rates Are Quoted as Easier, General business conditions must be regarded as slightly etter than a monttf ago. "according to the monthly resume Just Issued by the National City bank of New York city. After citing the situation in the various crop centers, the bank's report states: "Notwithstanding these good signs the fact remains that railway earning are still falling below the earnings of last year, which were not good. The demand for monev in business In llKht, while bank clearlriKS are about on a level with a year ago. The prelimi nary report figures given out by the comptroller of the currency, relative to the condition of national banks at the date of the last call. May 1, show practically no change in loans and discounts outside of a few large cities since March 4. "Wfth all 'but four reserve cities reported, the net Increase was $90. 000.000, but New YorK showed 80. 000,000; Boston, $1. 000,000; Chicago, $12,000,000; Philadelphia, $7,000,0(i.t; Cleveland, 32.000,000; Detroit. $1,400, 000; Des Moines, $1,300,000. St. Paul, Minneapolis, Milwaukee, Kansas City, Denver, San Francisco1, New Orleans. Houston, Dallas. St. Louis, Indiana polls. Cincinnati. 1'ittsburir. Atlanta ana nai u more, snowed retluottonH. These two months of sprinsr mlsht 1 expected to show some Keneml in crease, but what, has occurred iuR)it be largely accounted for by the ac tivity In the stock market. "Money continues In abundant sup ply and rates are quoted. easier. Nothing, different Is : in slg.it. with gold moving into the country at a rate that in wholly without a pre cedent under similar conditions. In deed, there have been n similar con ditions. The most extraordinary move ment In our history was that prompt ed by our necessities during the' panic of 1907. That movement aRKreKateil about 3100.000,000. The Importations since January 1 last have now ukktu gated about $75,000,000, anil they are coming not because we want ihem. but because all other means of pay ing for our commodities are seeming ly Insufficient. "The tendency for our industries to become 'more and more involved in war conditions, while temporarily advan tageous, cannot be rewarded us wholly promising for the future. Normally, our industries are reciprocal, support ing and supplying business to earn other, and when a large part of the capacity in certain Important lines is taken up with an abnormal and tem porary foreign demand, our other in dustries must be more or less inter rupted and deranged." Federal Reserve - Statement Made Following is the statement of con dition of the federal reserve bank of Can Francisco at the close of business June 4: . Besoarces. . Cold co'ln and gold certificates- $ 9,340,000 Legal tenler notes, silver certificates and subsid iary coin ,. 17,000 Blls discounted and loans.. 2,842,000 Investments '2,080,000 Due from other .federal re serve banks 86A.00O All other resources ........ 1.431.000 . Total resources ........ .$16,376,000 - ' Inabilities. Capital paid In $ 3,933.000 Deposits, net 12,443.000 Due to -other federal reserve banks , , . Federal reserve notes In cir culation ................ Net liability , - All other liabilities ....... i Total liabilities ........ .816. 376. COO Gold deposited with federal reserve agent to retire outstanding federal re serve notes. $2,040,000. -.; s aM i in- Lumber Bat Too High. Washington, June 9. (I. N. S.) A rate , of 20 cents per 100 pounds on lumber in- carload lots from Spokane to Butte over the Northern . Pa-lfio and Chicago, Milwaukee & St. Paul railroads, was- declared unreasonable by the Interstate commerce .'commis sion today. A drive over our miles of BITULITHIC STREETS Uatreat to visitor, whose home towns have not been so for tunate in paving matters as Port- O land. ' BUSINESS CONDITION 3 !