11 WHEAT MARKET SHOWS ERRATIC TONE AD IS SPOTTED AfnEdiCAII OUTPUT OF CREOSOTEISASSURED OF WARKED ItiCREiS PANAMA DELEGATION TO CONFERENCE CEREALS ARE DOWN FOR M WITH. A WHEAT AT CHICAGO ; IS ERRATIC BUT HAS AN ADVANCED CLOSE EARLY GAINS LOST LATE1N THESESSION; ' TRADE VERY ERRATIC UNSTEADY HERE IN , PAST WEEK'S TRADEp HIGH FREIGHT RATE Wood - Preserving Industry Must "Not' Lag Because European Supply Declined, STATISTICS ARE OFFERED Increased Boa : Is Shown, but on Monday, When Supply -Was Very ' Liberal, Price la Advanced; later It Recedes, Further Declines in Wheat and Market Start and Ends With., New York Stock Market Has Good .: Upward Swing Early, But I Je ( pressed , Later Industrials - Com maud Attention'at Start. U -W ; Oats, But Barley Holds,' Fairly Steady General Situation la Quiet in North west. - Good Gain.. But. Ia Depressed - After' the Opening- Closing v Is . HlHc Up. s J y j f THE OREGON SUNDAY: JOURNAL PORTLAND, SUNDAY MORNING, -JUNE 13, 1913. HOG MARKET RULES f PORTLAND LIVESTOCK RDM. Week enUiug . . Hogs. Cattle. Calves. Sheep. WttOC li ,,..47:t June 5 ,.3454 May 2U .......... ;27S Mhjt 2 ...4421 Uy 13 .......... 2H War as t.zsn Iwo Vesrs ago , ;.5400 liiree years ago . .11X1 013 232 4W4 4T.7 27 7487 174 ' It (W4 1229 4t 4H 147 -" 34 67 K4 1497 35 WM7 &.- - K 8784 1612 29 694C .Huff market waa erratic. ' It started with a good upward awing sod tops wiling to $8.10 at tbe start of me week, bat later reacted down U 97.89, but later again galued strength sod closed, at 7.6O8.0O. -. There was an Increased run of awlne in tba Tarda this: Week. Monday 'a ran waa ex traordlnary, but desdie this macs Btreagtb waa shown wltb partidpation in the boyiag by outsiders. Later tba local bargain . buotera bad things tiielr own way. ' , General bog market range: Beat light , . . t, ................. ,$7.90Q9-00 Medium light .......... 7.80 Good to heavy T.SfHf-47.65 Kongb to heavy tf.0O4i7.&0 v .". Cattle Market la Steady. -- Market for eat tie waa just about steady at North ' t'ortland fur the week. - Tbere waa a fractional Increase in the offerings- ovt-r a week ago. but tba ron continues very mill. Hequlrementa of killers are likewise limited. Uanerai cattle market- mage: Select ateera ; 7.50 Bent bay fed ateera ........ 7.40 Oood ta choice ................... T.iiS Ordinary to fair B.003.75 Ueat cowa ....................... 6.60 tJood to prime , e.256.4u Select calves. ................. ... 7.WW-7.75 Fancy bulla ... . ... . , 5.26(35.50 Ordinary bull . . . . ....... ... 4.vo(j5.uo Mutton Market Lower. .. ' There waa a smart deleave In offerings of mutton and la rubs at North-Portland far the week, bat despite this- mutton prices were lower and lambs were the only ones to hold steady. A very larse per cent of the 'offer' Intra are coming' direct to ' killers on con tract.. r " .' tlenetal wool muttcu market: ' Choice soring lambs ..$ 7.50 ,. .006.0 .. S.Otjr(1.2f5 .. tt.00fii0.25 .. B.50fri5.7o ,( B.76(t.6.00 , . 4Ji0fq5.n0 .. 4.00n4.25 JeniuiQ& spring lamb Choice yearling wethers (holes yearling lambs , Oood yearlings ........ Old wethera Choice light ewes ..... Good ewes Common heavy ewes ... AiERICA?T LIVESTOC1C 1RICES Denver Hogs Lower. : Denver, Colo., June 12. Oettle -5O0, steady. Beef steers, $7.ft04j8.oO; raws and heifer, 0.5847.25: calves. SS.W&ll.OO. . .. - Uoga 1O0. 10c lower, fc'ew bere sold at $7.25 tor iir quMliij. ... Sheep None. - . ' Omaha, oga Lower, ;. Booth Omaha, June lk Cattle 100, steady. Steer. $8.04jjs.OO; cows, and helftrs, $tf.S0a Uoga S20O, CQlOc lower. Bulk, $7.157.30; top $7.50. Sheep 1400, steady. Lambs, $10.00(310.35; ewes, . $3.506.10. r f JV- -- Chicago Hogs Blow. Chicago, June 12.- (I. N. g.) Hogs re ceipts, tl.OOo. alow; bulk, $7.407.ao; light, 7.36(Qi7.75; mixed. $7.i(S7.6; heavy, 90.95 7.55; rongh, .' tt.80(,41.16; ipigs, 9d.OOQI.33. Cattle receipts,, aoO, steady j , native beef steers, $.850i9.I0; western steers; $8.90?fS.15; eows and hetfera, $3.20(8.85; ealvea, $7.50 0.25. - --i1- ; Sheep receipts. 5000, steady: sheep, $8.00 7.00: lamb. . 97.7510.35; springs, 98.0062 ll.da Kanaaa City Cattle Steady. TKanaas taty. Mo., June 12. (I. N. S.) Hoge receipts, 1500, slow; bulk, $7.657.75; heavy, $7.65(7.75; packers and butchers', $T.507.75r;Ught, $7.60(B7.8O; pigs, $ti.50 7-60. : - . j Cattle receipts. . 100. steady; prime fed steers, $8.009.06; dressed beef steers, $7.05 tjS.Wt; western steers,- $7. 258.50; stockera and feadera. 9i.40QS.40; bulla, $3.007.00; ealves, $4.5010.00. Hbeep receipts, ftoO, ateady; lambs." $8.00(1 11. 50; yearlings. $7.759.25; wethers, la.BOfts .75; ewea, 95.5O6.O0. v fit. Louis Hosi Lower. ". St. Louis, Mo., June 12 (I. N. 8.) Hops receipts, 4000. lower; pigs and lights, $0,253 7.75; mixed and butchers, $7.65(7.?5; good heavy. $7.057.75. Cattl receipts, .200. steady; native . beef steers. 97.5O0.25; yearling steers and heif ers, 9S.OO5a0.3O; cows, f 4.00g7.50; stockers and feadera, $6.00(33.25; aoutbern steers, $5.35 &8.3; cows and heifers, $4.00OJW; native calvea. $6.00 10.00. Sheep receipt, 800, steady; clipped mot tone, $5.506.1O; clipped lamba, $.004S10.35; aprlng lamba, 910.0041110. FEDERAL RESERVE STATEMENT San Francisco, June -12. (P. - N. 8.) The following atarement of condition of the fed eral reserve hank of Saq Francisco at the close of . bnaluess June 11, 1915. was Issued here today; : RESOCBCES. Gold coin and gold certificates. .. .$10,245,000 Legal trader notes, . silver cerOfi- ; rates and anbsidiary coin 7.000 Bills discounted and loans. ...... . 2.858,000 Investments 1,474,000 One from , other federal , reserve - banks ............................ 1,037.000 All other resources .............. 1,442,000 Total resource $17,003,000 LIABILITIES. Capital paid in ......$ 3.933,000 Deposits, net 13,130,000 Due to other federal reserve banks. Federal reserve notes in circulation, net liability , , . All other liabilities) Totnl liabilities ............... .$17,063,000 Gold deposited wit federal reserve agent to retire outstanding fed enui reserve .notes ........ $ 2,040,000 DAIRY ' PRODUCTS ON' i COAST , Seattle Market. . Seattle, June 12. Butter Native Washing ton creamery brick. 27ct ditto solid pack. 26c Cheese Oregon triplets, 16Hc; Wisconsin twins, 17c; ditto triplets. 17c; Waablngton taina, 18c; Young America 18c. ." Eggs Select ranch, 23c - - .Baa Franciaoo Xaikst. San Frandaco, Jone 12. (U. - P.) Eggs Kxtras, 22c; firsts. 19c; polleu, ' 1944c. , ' Butter Bxtraa 24 He; prime firsts, 28c. ' Cheese CaUtornia fancy, HHc; firata. lOe; seconds, 8c. POTATOES ALONG THE COAST Seattle Market. I Oregon $1.75(82.00; I'akima, 76oj$1.00. I tA . . 1.. k . . . W -. . . . . M . Baa Franoiaoo Market - -Ran-FmiwHarvt. ' Jai-M, 1 Puiru. ..... e, 1.50 per cental. ; . More Prunes Sold. A Freewater, Or.. June 12. The Lamb Fruit jcompany has sold 10 mora car loads of prunes which win net the growers, not less thai. $40 par ion. u oaiie srocnera are rn the city again and, are fisttring with the: Lamb Fruit company ou tba Installation- of dryer- to iUke care of the surplus, fruit-- Raspberries d blackcaps are coming in in larg quan tities, and sre aeUing at $2.25 per crate. . SHIPPERS -r READ THIS ! !WB PAT jrST CASH, JtO' COgChOSSIOK. Veal No. l; llilc per lb.t hugs. No. 1. 9HS10c per ib.; hens, UHiac per lb.; ffring. 022e ' per lb.; eggs, fancy; 18$ iSfec ptr doa.; tnrkeys, fancy live, 20e pmr ib.. dressed, - 2224c j-er lb. hip . us all your produce. ' Htffhest market pricea gnaran-ii-cd. ; t'hPOke mailed d-.iily. THE 6AVISAJB O.. 207-09 Stark at. Marshall $7. farther sharp concessions were made In tba w,beat market during the laat week. - With Increasing, rates for freights both for the present and tba new crone, the trade was generally inclined to shade quotations for epoi onariags. i . , . Oats market likewise showed weakness -with price losses, - bat - barley waa ' fairly steady around the previous range. rrJUBSellinit prlcei Patent. $6.20: Wll lbroette valley, Tq.-4: local straight, ,ft.ei bakers' local, 8.20; r&lcntana spring wheat, ;.2; exporu, S4.50V whole wheat. 6.06 graham. 5.80 per bafipeL HAX Buying prire: Willamette valley tint, otby, fancy, Jl.-fcOO; eastern Oregon-Idaho fancy timothy, S16.0O; slfslfa. f 13,rf313.oO; vetcu and oau, 911.06; clover, SS.uoQO.OO per ton. i GRAIN 8ACKS--1916, nominal: No. 1 Cal cotta, 6y,h)f. MILLSTlTF8-l-nins price: Bran, $27.00 27.5: aborts, 9aS.0S2.(K. ROLLED BA&LKY Selling price: $28.00 30.00. ? - CORN--White. $34.0044 35.00; cracked, $35Q 36,00 per ton.. . v . Merchants Exchange spot prices: ; i WHEAT. ' Bat. : Tbors, Wed. Toes. Mon. Bid Fflueetem FortytoM" Club ..... Red Fife . K. Uuaalan .90 .t .80 .68 .Ik ' .7 .s ,.83 .84 JM .92 .90 .88 .86 .96 .88 .i4 .96 .m .85 .07 .05 .91 .90 OATS.- - Feed Feed Bran bhorts 22.50 ' 23.00 23.00 23.50 24.00 ? BABLBY. 22.00 21.00 21.00 22.00 22.00 , MILLSTUFF8. 24. .V 24.50 24.50 25.00 2S.O0 24.00 24.50 24.60 3U.0U 4.00 Futures .were, quoted: WUKAT. 'Bid. Ask. ............. .90 - .94' ..i .88;.- -.94 .....i........ .89 .94 i ..... .'i ....... ' .8A " . , 92 . .91 OATS. Jnly biuentem . . . July, fortyiold .. July'clab July red Fife .. July red Kusalan July 22.50 240 ! BRAN. July .........i. 24.50 26.50. JOBBING PRICES OF PORTLAND These" prints are those at which wholesalers sell to retsilers except ss otherwise stated. They are corrected up fff noon 'each day: Dairy Preduoe. BOTTEB .4ominal. ' Willamette . vally creamery cubes, selling price, 23 Vie; state prints, 25V7Vtc; ranch butter, 16V6c; city creamery, cue lots, 27 fee. - Bt."TTERFAT--No, 1 . t'ortland deUvery, 26e. E3S Nearby freshly gathered, . candled, 20(3,21r;' T-ane const, 18c..4 LIVE POULTRY rlens, Plymouth Rock, 12jpel2We; ordinary cblCiena, 12c; broilers, IV to 2x lbs., 20g25c; turkeys, 1820; dressed :2(9!25c; pigeons,- 91.00(1.25: squabs ( ) dosen; geese, live, S4tc; Pekla ducks, old, lOtoile; yoang, 18c. ; CHiiESE Fresh Orearun fancy full cream twine snd triplets, 144&154c; loans; America 15V4lo4cj storage .Tut, 14a : Fruits and Tsgetablea. FRE9H FBDIT Oranges, navel. $2.50$S.23, tangerines, $1-25; bacanaa, 4Wc lb.; lemons, 83.25(5.00; limes. 91-00 per 100; grape fruit, (2.50(44.60 per ease; pineapples, 7c lb.; pears, 92.50; strawberries, local. $l,01.75; goose berries, 33c; currants, 91.00)91. 25; rasp berries, $2.00; ,aBtaloii(s,. $3,00tt35OL kgan berries. $1.25.' - APPLES Local, $1.5082.50 box, accordina to quality. -; ' . ONIONS Loral No. 1, $1.501.75; new Cal ifornia, 1.261.75 crate; red, 91-73 aack; garlic 17e. . POTATOES Selling price: Extra choice ta ble stock, $2.00 per cental; news crop. 23c per lb.; sweets,. $3.25. VEGETABLES Turnips, $1.75; beets, $1.75. sack; carrots, new, $1.75fti2.00 sack; parsnips, $1.001.25 per aack ; ca'bbaa;e local, $1.50; green onions. 124&e dozen bunches; peppers, bells, 2630c; head lettuce, meal, 30c dosen; celery, per crate, 94.6O(sj5.00; rbubarb, 1H &2c; cauliflower, $1.15 per doaea; French ar tichokes. 85c per 'ttoaen: string beans. 67c: cranberries, aaatera, 99.00 per barrel: : peas, 3 4c per lb.; asparagus, local, socoxi.za per sen; rsoianes, zuc per aosen ouncnes. Meats, risb and rTovtaloaa. - fTBESSED r VIBATS Selling price Country killed: Fancy hogs, 1010c; rough snd heavy, 89c; fancy veals, 12c; ordinary. 04J 11c: poor, 67c; goats, S4c; spring lamba, 15m 15 He; heavy mutton, 6c. HAMS. BACON. ETC. Hams, 18219c; breakfast, bacoa, 1729c; boiled baoa, 27e; picnics, 12c; .cottage roll, 16c OYSTERS Olrmpla, per gallon, 93.50; Canned eastern,' 55c can.: $6.50 doxen: eastern In shell, $15 per 100; rasor clams, $2.60 box; eastern oysters, per gallon, solid pack. $3.00. ' FISH Dressed flounders, 7c; steelbead sal. mon ( ) ; Royal Chinook, lie;' Puget sound salmon, 910c; perch, 6Sc; lobsters, 25c lb-i silver smelt, 8c; salmon trout, 18c lb.; halibut, 98c; ah ad. dressed, 3c; shad roe, 15c; roe-abad, c lb. LARD Tierces,, kettle rendered, . 14c; standard. 12e, - CRABS Large, $1.75; medium, 91JS doaea. Hops, -Wool and Bides, . . . HOPS Buying price, choice, - 10c; prima, 10c; mediuni - to prime, 0e; medium, 10c; 1915 contracts, 10c. WOOL Nominal. 1815 dip: Willamette val ley, coarse Cotswold, 25c: medium Shropshire, 26c; choice fancy lota, S&a eastern Oregon. 1423c. . ;-.- HIDKS Salted hides. 25 lbs. and wp, 14 c; salted stags, 50 lbs. and op, 10c; aalted kip, 15 lbs. to 25 lbs., 15c; salted calf, np to 19 lba.. 19c; green-hides, 25 lbs. and up, 13c; green atags, 50 lbs. and up, 8Vic: green kip. 15 lbs. to 25 lbs., 15c; gren calf, up to 15 lbs., 18c; dry flint bides, 24c; dry flint calf, op to 7 lbs.. 26c; dry salt hides, 20c; dry horsefaldes. each, 50c to $1.00; salt horse hides, each, $2.00 to 93.O0; horsehair, 25c; dry long wool pelts, 14c; dry short wool pelts, 10c; dry sheep shearlings, each, 10c to 15cp salted Sbeep shearings, each. 15c to 25c TALLOW No. 1, 6Sc; No. X 4H25; grease, fii&ic. - . MOHAIR 1915 31c CH1TTIM OB CASCAJEU BABK Buying price, cat lots, 4g4c; lesa than, car.lou, c i STTGAB Oobe, $7.40; powdered, 97-30; fruit or berry, $6.90; beet, $6.70; dry granulated, 9e.SH; D yellow, 96.80. (Above qootationai.are 30 days net cash.) . - B.ICE Japan style No. 2, 4Q5e; New Or leans, head, 66e; bine rose, 6e; Creole Be. . SALT Conrve, half grounds, 100s, $9.75 per ton; 60s, 910.50; table dairy, 60s, 916; JOs, $17.50; bales, $2.25: lamp rock, $20.00 per ton. HONEY New, $3.25(33.50 per case. "BEANS Small whiter $6.00; large white, $6.00: pink, $5.25; limaa, $6.00; bayou, $6.00; red. c. . - - - -. ... . .-' - - - - -Paiata .and OOa. ; ' ' " LINSEED OIL Raw bbm.. 77e ganon; kettle- boiled, bbls., 79e; raw, cases, 83c; boiled, cases, 84c gaL; lots of 250 gallons, 1 lc lees; oil cake meaL $44 pertoa.r . COAL OIL Water white In drums and iron bsrrels, 10c. - ; : TrRPBNTTNE Tanks Sic; esses 68c gallon. WHITH LEAD Toa lots. 85ie lb.; 500 lb, lots 9c lb.; less lots, 9e per lb. OIL MEAL Carload lots. $84. New York Coffee Market. ' New .York, June 12. Coffee Spot New York No. 7 Rio, 7e; No. 4 Santos. 9e. IMPORTS AND Details snowing tbe value of merebaadlae Imported from and exported' to each of the principal countries during April and. tbe 10 uontha ..ended 'With April. 1914. and 1913, are furnished by the bursa ot foreign and domestic commerce of the Department of Com merce, as follows: Imports Europe - . .: North America : South America .. Asia .......... ; Oi-eaata -Africa ; toui Exports to , . . ....$173,762,114 r.nrope i ' . ............ - North America.......... '.$ 93.197.058 . 41,59.4T : tsimta -America... . Asia ...... . ..... ;-. Oceania t.t....... Africa 8.833.274 7.251,466 2.324.429 ....$162,552,570 Chicago; Jss 12. (I. N. 8.) Wheat closed. lc higher. Market was nervous today. At the opening, prices ware, higher; Offeringa ware extreenily light. Wheat was a. to le,s white corn started with an advance of A to 4. . - -f . In tba early . trading there waa some good baying "and offerings increased.' Unfavorable crop resorts were received. " IatKr la the tradins there was a general decline and , the market became unsteady. e In the corn trade tba buying was led by belated shorts, wbo bou-ht oa the caau buai aess reported and further rains. - - Oats were firm at the outset.. There was some short covering. Provisions started lower, Range of Chicago pricea furnished by Over- beck Cooke Co., 210-217 Board of Trade bidg. WHBAT Open. High. 'Low. Close. ' July '.....$f.09 $l.09U $1.07 $1.08 Sept. 1.06V lGS - 1-04 l.OOVkA' -CORN : -. July ..... .74 .74 V, .734 r.744 Sapt. ..... .73?i ' 7414 j.72 .74), OAT July ....... .45H - , .45 v ,44H . ..4514A Sept. ..... .40 .41 ,40 .40B . PORK Jcly ...v.,17.25 ;:M7.40 , ar.17 ' , 17.10 Sept. 17.75 1T.7T 17.40, 17-80 ' A ? : LARD July ..... 9.45 - 9.65 - . 9.4S 9.47 1 Sept. ..... 8.80 . 9.82 '- 9.72 r, 9.75 A. , ; , BIBS ' ' - l Jnly .....10.35 10.37 10.27 '10,27 .A Sept. .....10.67 10.70 10.60. ... ,10.60 "B BOSTON ; COPPER QUOTATIONS Boston, June 12.-Oopper bids: idventura ....... 2tMsyflower Abmeek ...400 Allones 67 Mexico Coaa,. ...IS 27 - 1 . 78-H .154 Miami Arcadian ........ 12 Michigan . .... Alaska .......... 37H!atohawk ..a.. neuaoni ........ 14!.ta(U cons.. Bubemia 2 ifrwiiu . .. . . . , North Butte..... Vt.la. I.. Boston Ely.. zs Butte Bal..i S Butte CoaUtion... 72 Cak ArU...... 66 334 20 , 87 (Ohio Copper...., Oid Dominion ... Osceola . . ats F4 tt. Heels.... 585 Chief Oons.i.,... 18 (Quiner . . 89 25H I Kay cona. Centennial ...... 20 isanta re. ....... 2 27 2 109$ Cnino ...... 47 .Shannon ........ Shattuck ; ....... Cons., Cop. Mines. . 24 Copper Range.... 57 Stewart Hup. it Boston... Daly West....... 4 Davis-Daly ' Swift Pscklng .. East Butte 13J Tamarack First NatX.. Franklin ..... Goldfield Cona 24tTrinityT...,,.,.. . 6 11 tTuolumno 43 1 7-16 TJ. Shoe Fr.ifl. 60 Granby ......... 89 u.. oooe j.,pr. Za United Zinc 63 Utah Cons........ 15 Victoria t Hancock ........ 20 Helvetia ........ 60 Houghton ....... 2 Indiana ......... 7 Inspiration ...... 32 Winona ...... 4 VOlverin ....... 63 Wyandot .. 1 Yukon Gold . . .... 2 Crown 75 isle Royal ...... 80 Keeweenaw 2 La SalU ........ 7 Lake Copper ..... l4fMcKlnley ........ 28 . Majeatic-- 88 Vorde Exta......4 5-16 Maaoa Valley.... 3 Kerr Lake. . . .. r4 Canada .'. . y. - ' ' 1 Mass. Gas. ...... 13 Mass. : Mining.. . c 1 NEW YORK BANK STATEMENT New York. Jane 12. (I.'N. S.) The bank statement issued by the clearing house .mem ber banks today, snows the average and actual figures, is as follows: ' , Average--Loana Increase, $19,714,000. . ; Demand deposits increase. $10,482,000.' ' Time depoaits increase. $3,507,000. Reserve decrease. $2,838,350. Actual Loans increase. $15,837,000. ' Net demand deposits incresse, 920,812,000. Time deposits Incresse, $4,299,000.. Reserve incrbaae, $8188,250. f ". COAST "f I BANK STATE3LENTS Poraland Banks. Clearings- Thla week.-1 Monday , ........ .$1,728,425.36 Tuesday ......... 1.748,406.91 ; Wednesday ....... 1,672,849.97" Tburaday 1,350,925.03: Baturday ......... 2,304,536.83 Year ago. ' $2,147,150.50 1,788,669.42 1,715,206.24 2.004.639.7S - 2,251,700.48 "Week . .$8,805.144.10 r $9,907,366.42 Seattle Banks. -V . " " , . . , ... ...,..,, .$2,163, 60.00 i .4 . j.. r ! ,153,397.00 Clearings . . . Balances .... . Saa. Tiaaeiaoa Banka. . V .- . . . . . -.. .. .. . .. .$7,979,381.00 Los .Angeles Banks. ,$3,814,675.00 Clearings Clearings . Various Grain Markets. - : v Liverpool Cash wheat Unchanged; corn un changed; oats. d higher. Paris Cash wheat, 8 - higher; flour un changed ta 15e hifiher. ; .J-- ' .T -i '--.' Kansas City Wheat closed, July. $LQ2; September, $1.00; December, s $1.03. St. Louis Whest closed, July, $1.04; Sep tember, $1.03; December,-$1.06. ' " ' Minneapolis Wheat dosed, July, $tfa September, $1.06; December, $1.07B. ' Wlnnlpeg-r-Wheat closed. July, $1,22; Oc tober, $1.06; December, $1.06. - . -rDuluth Wheat closed, July, $1.22B; Sep tember, 91.08KB; December, $1.06. Buenos Aires-Wheat, , to . , higher ; corn, H' to higher. ; i . - Omaha - cash wheat, 1 higher; ; aern ' Se higher. vfk x ?"...-,-Jp?v'v. New York: Cotton MarkeaU hJoirth. . ' Open.' ' High, t Low, fi -Close. January :..,.....lo28 t029 f 1023 l22 a.sy ........ ,,..ivn .; or4 July ............ 952 957 October ..v...... 990 994 Cecember ...... .1022 , 1022 1085 i i 10A 952 - 933 990 f 990 1017 1017 San, Francisco Grain Market. . San FraBciscor June 12. Wheat Olnb, $1.79 1.77 per cental; Russian red, $1.72 HQ 1.75; ; Turkey red. - $1.H0 1.82; - bloestem, $1421.87; fortyfold. 91JiXiil.82. ft . Barley Spot feed, fl.02ffil.05, $ , x .. ""--;". ' ' . -. "y ; . Articles of Incorporation : Pacific If anafactnrlng ' Co. Capital stock $1000, A. B. Snyder, E. J. Swafford asd-C. D. Fraxer, iaoorporatora. -' . Sweden Urged s to Enters War London, Jane- 12. A messag-B to the Exchange Telegraph company from Co penhagen ; aays pamphlets are being distributed throughout Sweden to fur ther a movement for the Intervention of that : country In thej war , against Russia. These pamphUets ufg that Sweden step la at once to aecr the independence ot Finland by" an attack on Russia or by other nbeana. , EXPORTS SHOWN April K Months Ended with April. 1914 1915 1914. . 1915 77J54,92 $ 46.471.025 $ 756.0W,401 $ 5S7.466.270' 4169.700 - 44.919,448 &43,6-',4a2 ; 372.765.57S 22.422.765 32,905.104 ' 185. 446.075 - . 216,94.66? 24,625,372 ' 24.625,7S . 2!.648.6K , 201.355.22 4,547,784 5.807,544 ' - 33.093.606 . 34.895,254 3,041.565 3.847,138 '. 13,257.578 ' -17.612,752 160.576.106 1.572.114,692 : 1,371.189,749 217,492,015 41.554,209 y-. 10.843.4S1 ; 14.918,248 ' 7.M07,8H9 - 2.05O.467 1,301,737.077 . .. 443.859,m5 :.. 10.762.122 . 9f.722,ti29 T 70.0oi,5t4 " 23.032.44.3 i.5a.8n6,i , . S8S.608.87l 73.603. 8f.9 8L2.i9.248 1 V),803,573 J 22.743.451 $204,746,117 $2,045,774,485 $2.225,S23,9S t New York. Jnae 12. (I. N. , S. )--All the JeadiBg stocks . were higher at the ope nice today. The upward awing ' was . accompanied by a banish wav of enthusiasm. , - ; . r. . India trial shares featured -the trading. Fed eral Smelting, inactive for months, ' entered the spotlight. An over . night Jump of 10 pniata , la the , stock started the issue at 50 thla Biarnlng. Ia lesa than, one hoar of trad ing the stock Jumped another 10 pointed - Americaa Can soared to a new high record early. - Good buying sent the stocks np to 47, the highest for tbe year. It opened at 44. a gala -of over night. . ' . lufluential Interests were working on the eons tractive side of the market.'- ' - Copper, shares maintained a firm tone "to day. Amalgamated sold u to 77. Utah was up a traction and Butte and Superior was strong.; Steel Common opened with an ad. vance of ; selling at' 61. It reacted slightly .late. -' Bethlehem- Steef. sold at 168 In the first hour. Westingbouse was strong-at 98. In tbe rails ' the- tendency was toward highefi prices.' ' . ., ' , Near . the ? close a profit-taking "" movement let la and the result .was a general reaction ia the eutira list. The .market closed with a decline. . -. . , ' Range - of New York priC-ea furnished by Overbeds at Cooke Co., 216-217 Board ot Trade building: " ' , ; . , DKSCBIPTION - lOnea 1 Higbi Lew ICToaa Amalgamatoil Cop. Co. Americaa Cat Fw . American Can, e. . ... . American Can. Df.... 76 76 65 . 12 "50 44 M Americaa Cotton OIL c American - loco, e..,. American Sugar, e. i . . American ' Smelt, c.-. . . American Smelt, pf . . . In.i Tel. A Tel. ...... Anaeoada Mining Co. . Americaa Woolen,' e.-t Atchison, e. .......... Atrhlaon, pf. ....... . Baltimore & Ohio, c... Beet Sugar ......,... Bethlehem' Steel,- e.'. .. Breoktva R. T.. ....... 50 49 107 108 in i8 84 - 82 87 101 76 49 169 i ;Canadian Pacific, e. . . . 15.3 163 1 30 92 158 ueqtrat ieatner. c. . . . Central Leather, ' pf . . Chi. 6. W., e:..... Chi. A 4L W., pf.... ChL M. It, St. P..,.,. Cbi, 4k N. ., e. ..... Cbino Copper ... . ...... Chea. c Ohio.......... Colorado r. aV I-, c -Colorado Southern, e.. Consolidated Uas.... .. Corn. Produers,'' etVKi . . Corn Products. ' pf..v. . 38 47 39 126 16 126 -79 ,79 DalisiM ae HndMn - Denver Rio Grande, e Denver c it.; U., pi;. Exia, e. ....... .. . 4 Erie, 2d pf.. Eria, 1st pf . . . . . . . General - Electric . . 27. 27f.27 42 173 36 11? H. Northacn, , ore' lands Ice Sectuitiea ....... Int. Harvester....... Int. .Metropolitan, .pf Int. Metro., pf..,.,. Leblah Valley....... SI 104 KansaA City Southern. Oodrtco. -.v... ,..-...-...,..' Alaaka "...v.v'ji........ Louisville A Nashville. Md Kan. ft Texas, e. Mo., Kan. 4a Texas, pf. Mo. Paclfle ........... Natiooal licad " -. . Nevadu Consolidated .. New Yotk Central ...i. N. Y.. O. W..... Norfolk A Weatara, c. Northern Pacific, c . . . . Northern American . . Pac. Mail Stem.. Co... Penn. - Railwav ....... 47 87 U8lU7 12 - 81 12 68 16 89 80 US 31 12g 89 .-' 30 103 103 108 P. L. A C. Co. . ... Pressed Steel Cur, C Pressed Steel Car,- pf Bay Cons. Copper .... Beading, e Beading, 2d pf. ....... Reading,' 1st pf . . ; ; . Rep. Iron A Steel, e. .. Kep. Iron A Steel, pf . . Rock Island. e (new) Rock Island, pf . 8. L. A S. K.. 2d Of...- 25 25 U7 147 ..-..-I..-. , S. L. AS. F.. 1st pf-. Southern Railway, c. . . Sontbera Pacific, C Bouttteru Railway, pfy-. Teub. Copper ........ Texss A Paclfte ...... Union Pacific. c. . . .1 . . 1 89H 16 89 16 S8 Union Pacific, pf.,... I u. a. -aaooet, c. D; S. Rubbar, pf ...... 67 108 106 P. S. Steel Co.,,.,..! U. B. Steel Ce,pt.... 61 0 109 Utah copper ........ Virginia Caemleat .... Wawaab,' - -. .- Wabash, pf ' .... ...... Western-llnion -Tel... Westingbouae Klee .... Stndebaker ........... ST Xotal 423,000. Leading Finaiicier v 1 1 SSeeti; Good Times All TJaee of . BoalneM Eats Placed on a Soond Baal, Bays ft g. aTanTiins;. t. : ' rNew Torkvl June glimpse of prosperity Just ahead as great as any the United States has ever enjoyed waal portrayed, today by Jamea H. Manning,-preawent ot the National Bavlnga bank of r Albany, in nla - ad dress before the twenty-aecond axtnu at meeting of the Savings Banlc aaso elation; of New Tork. - '--ir? ' "There are nnmlatakahle algna of rapidly - aproaching prosperity," Mr. nation having an available, supply ; of money to lend and t : ot . foodstuffs, metals and other necessary products to selL the calls upon us will be heavy and Insistent., . The eomlngyear gives promise of bringing ' another golden harvest for western farmers; the cop per industry Is booming as It has sot boomed for many a year; the great iron and steel centers have 1 already felt' the" ground swell and are movinsr on 'the uptide with a strength and vol ume that nothing; can withstand. f r "All lines of - business have been placed on a more stable -working basis. Savings bask deposits are increasing and banjes generally have an abund ance of money. Our exports are reach ing proportions truly phenomenal. It Is saf to predict that an era of pros perity is at band for the United States which will be one of the greatest yet enjoyed; no matter bow long the war may last." .',..., y -1 , - Declined Pay for ; ' ;: Giying His Blood : Bt-' Louis, Jane 11.'- John Bizanti, an electrician, has refused a large sura of money which rightly is his. His refusal was followed by 'plans to be stow the. money, on hira despite - his objections. - , . The situation - arose' because , Mr. Fizantl gave.- two- pints ' of blood and underwent . two transfusion operations in an effort to. save the life of George Zi. Bernard, a . millionaire philan thropist, who" died- recently " and be queathed the money to Bizanti. - '' ; ;, y-f :'"' " ',:-.r-? i;--s: . 1 I ' I v 'ft ' -pP : '.:::V , ':,:sS::;:;:f' '' Mjsy' .vti 1 y.xz-cy':fi ?v : - 5 J , , ' i 11 - ' ! . 1 , ' - - - , ' ?' ! ; : - r- . ' - i . -- - - - - -i - 1 , ? ' i 1 .J ' . -! " Kit ' ' ' 1:- j .Scw:?-"5"i;-' ,- ' y': .- -' ' ' ; '... . hf';y ' ' ' . V 1 1- " ) ' 4 - , r - 5 . r ' It'.' :t v , - - ' I : i: . - , . U - ; - 'V ' ' S - - - I A " .i"'-" ( , n - - -TT i " .. J - "' H - ' "V; - :- . - I --t -i Xtft'te right are benors Ramon F. Acevedo, Ansttdes-Arjona, J, W. Lerevre and J." Is, Arjona, , .These men, together with;Senor Ramon Arias represented the Republic of Panama at the Pan-American commercial confer ence."" Sehor. 'Acevedo is tbe manager of the National. Bank , of Panama and .was formerly' minister of 'public jworks.- Senor Arjona : is the secretary of finance and. treasury of Panama was at one time chief jastice. of 'the supreme court of Panama, and was one of the men wha framed the national constitution. Senor LeFerre is ithe secretary of the legation at .Washington, and J. E. Arjona is thevson of Senor Aristides Arjona and acts as 9iis- secretary. .' - -r-;.:, -y:y::yyiS ''-'?;-f?'Pt'-:s' VyJl S M I LES-1 N BylW.'Werner. ."- (Copyright. 1915. by Wl Werner.) WHEN Jean Kincaid walked out of MacNamara's that afternoon "" with her last pay envelope in he hand she neld her'f irm -white chin aa high as ever, but the earth seemed to be rocking under her feet. To be dis charged when she was-bo sure of her position had even hoped -for speedy promotion! She- could not" believe it yet.:' And the manager's curt explana tion that the times bad necessitated the cutting down of the entire store force brought no consolation. . - Her footsteps seemed to tap out the word . ''discharged . as she 5 walked swiftly 'along toward her boarding place. Her mind began to cool down from Its first .turbid upheaval and crystallize Into sane reflection. ' She owed nothing,, she had S12 in her hand and ; something in the savings bank. She Was not so badly off aa some. And before her money was gone she was certain to. find work. - By accident her glance fell upon the window she was passing. It still showed the white blouse which, she bad looked at that morning and meant to buy; tonight, for the girls did not al ways buy at MacNamara,'s, although they .worked there. v This cheap little shop offered many , captivating- bar gains like the white blouse. - But now it , was. as much an impossibility for her as one of.. MacNamara's French creations. She caught her breath and, hurrying on, ran : against a girl who was also hurrying with, her- bead down and; her thoughts and .eyes, manifestly Intent upon any thing but what she was doings; T A '.Jt:':' y" ' ''WYsH'seJ- - TvVny,; EUttyf Jean exclalmed,.ira.e Ognizlng'the girl, who had been in the same.: department with her and was also of the number of those dismissed. "I 'didn't' mean to bump against" you like that. iWbat are you looking for?" "Oh, Jeart, the girl wailed, catching hold of Jean's arm. Tr lost It -here on this street somewhere, and: I can't I've lost it,.' find It, and it was all the money ! had in the world." "You - lost whatr sternlv. ; - . Jean eyed her ,'My pay.envelope! I-had it in my bag! I thought it was safe, but the clasp nrust have given way and when I looked it was open and my envelope was gone!" Jean glanced at the flimsy little-bag and saw the broken catch. She drew the frantic girl out of f way pf the o'clock rush. "There isn't much use In looking further." ahe said. "It has been picked up before this, She looked at the two opposing- streams of work people, wondering if there was any possibility of the finder being honest enough . to restore the money- to lta owner. '' -"How much :. did you draw, Kitty?" she asked. - '- '.,. -- -.: .. : f ."EUght dollars.. Oh, Jean, I never dreamed of being' discharged;or of this happening," she sobbed. K r "Don't cry, dear," Jean soothed. She forgot her own trouble la pity of this little creature's. , . "Come, let's walk alone;. People are staring at us. There, wipe your eyes. Take my handker chief. It's fresher than yours," .- "But, Jean," whispered ' the girl, dabbing at her eyes, '"you don't under- ADVERSITY stand! " The landlady said she wouldn't keep me another day If I didn't pay my rent tonight v. I owe her $ 5, for two weeks,' "."Deax i m!"- said Jeatni ' 'And. ahe thought hard for a few minutes. " Are you going home with meT the girl, asked presently. , Jean looked about ber. "She waa In a locality new to her. - She had . for gotten herself. "Why, yes, I am ahe said with a little laugh. ..... ; . " - . - Kitty Brent's room was up. two flights at the back of the shabby house. - But it waa - fairly large 'and the bed was wide enough for two. ; : - "What do you say to my moving- In here with you if I pay the rent?. Jean Inquired. - 'I'll tell you. Kitty, 111 look after you until -you get work. Then you cast-pay me, back., I have money and you have none, and two can live for the cost of one," . she extempor ized -gayly.'. i -. . Somehow tbe need of heartening' this forlorn child bad brought back her own courage. , .- : "Oh, Jean, all the money in the world could never ' pay you back this kind ness."' Kitty sobbed and she cuddled ggainst Jean like : a lost kitten and cried. for, gratitude and relief... . . - So they set up housekeeping to gether. , Jean paid 'all , the. bills and Almost the first thing she saw was , the advertisement. made the pnrchasea- But Kitty, de spite her lack of foresight and her love of tinsel, had surprisingly house wifely - ingenuity .. and . could contrive little meals over the gas Jet wlthoutl arousing Mrs. r calligan's suspicions. Besides, she was a most loving, tract able-little thing, 'with no closed rooms in .her Ufa She and Jean got along together as amiably as two sisters, ! For. days' they looked , vainly . for work. "- At one place Jean got her name entered against a possible vacancy. Heartsick though 'she often - was, she kept on smiling for Kitty's sake. . .Her money . was getting lowi and she , had nobody to depend; upon. - If she had not been young and strong and brave she would have, found the situation terrifying: . - - So much, walking; wore, out their shoes until they reached such a thin soled, runover stage that-Jean realized they must have new shoes. . She drew half of what . remained in - the savings bank and bought Kitty-a sturdy pair. For herself she decided to go without a little longer, as the rent was due again.;, One day she -was caught 1n-a storm. and her inadequately shod 'feet got wet. i The next morning she awoke from a feverish sleep to find herself really ill. Kitty went to the dispensary for medicine. She' would have liked to TRANSPORTATION Coos Bay Line - STEAIaSHIP EHEAKVATER Satis frees AInswortS Docs. rrtlan, a. m. Thursday. Irvisht an5 Ticket etfle Aln. worth iwek. ireoaa laia aeu. A-fe-2. City Tickst ettiea, M Sizta rt Fhos Kraiii aaa. A-el2L rerUssd Coos Bay S, b. Lias. stay with. Jean, but Jean sent her out resolutely. y "-- 1 ' "There's a quarter for lnncb and car fare," she' said. "Can you make it do, dear? Don't worry about ma. I'm too healthy to get very ill. No, don't kiss ma" . - ' , , But Kitty' would kiss ber.jVnd then she went .off- half crying, leaTving Jean alone. . ' ' For the1 first time .Jean broke down and sobbed into her piUowv ? Then she prayed. - She ; was becoming desperate and afraid.. "Suppose she doesn't get work! Suppose I grow . worse! These thoughts haunted ber. like goblins. The -medicine seemed ' no better than water. - She felt herself sinking sink ings : Suppose she should idle? ' "Oh, not that!- Not that!" she cried.' And her youth' rallied again to defend her. ..The day passed slowly. -As the aft ernoon was waning jshe felt a strange heaviness creepv; over) her a stupor she thought it. She fought: against it for a while and then wearily she closed her yes. c:, i- V .v-.;..;,-; s-' Kitty . shook her into wakefnlness. "How sound -you sleep, Jean. ; If a the medicine.. - Are you better?; ' v ; Jean ' sat ' tip and rubbed her eyes. "Why, yes. I believe J am," she, said, wondering-ly Then everything came crowding back upon her. "Did you find a ' Job?- she - asked.-1 rS t -;T-5 Tes, I dld !" ; Kitty ; tore' open one of a group of paper parcels on the table and of fered It to Jean. "Grapes, Jean. While yoii're f; eating ; some I'll sit right down here' on' the j bed and tell you. . . I waa . Just ..desperate, with you sick and, everything., this, morning. X tried two or three places where we'd been, and ; then I wen t to Gayloru'sv, Jean gasped. "Tes. I did! - And I had your name put on the waiting list. I was so crazy; that I ran right out and bought a paper of a poor little half starved newsie, and. oh,; Jean, almost the first .thing ' saw. was the adver tisement of my pay envelope In - the 'Lost and Found eoiumn.: . "Found on Washington street,', it said, so I knew that it was mine. I went to the place. The- nicest young grocery, man found It! - And I turned round and- bought, a lot of stuff of him, grapes and fresh eggs , and tea and lettuce. I -thought we'd celebrate. Oh, Jean, don't eryj Laugh, dear, laUghf 5 , -, , f- But -she was -crying; too, antf they mingled- their poyfut tears - together, i v - - - ' i ..-;.-.-M i ' 'Famine Menaces', Missions. ' ; ! '. Boston..:.; June ' 12. The American board , of commissioners for" foreign' missions has received the following cablegram, dated May- 1B; from the American ambassador at Constantino ple, Henry-Morgenthat: '"All stations; begging relief funds. Some aay starva- tion threatened.. Please help cckly.' The .stations- mentioned - are the IT posts of the board In Turkey. - -'.-'. ', Sale of Six Per Cent Tvehty-Yca:- First Mortgage Gold Bomb Sealed bids for the sale of $300,000.00 of the 6 per cent first mortgage bonds of the Teel Irrieation District, of the State cf - Oregon, will be received Toy the Board of Directors of the s-Ii District at the Office of the - District in Echo. Umatilla County. Oregon, until Tuesday,' July 6th. 1915. at 2 o'clock P. when the said Board of Directors will open the bids. ' . ' No bids wilf be accepted for less than 90 cents On tbe dollar, : and the Board of Directors of j the said 'District- reserves the right to reject any and all bids, and no bids will be considered unless accompanied by a certified check, made payable to Mr. E. N. Lit I sey,Treasurer ef the said District, for i per cent of the par value of the bonds bid for. - - - , 4' - . v Said bonds shall be each of the. denomination of not less than - $100.00, norrnore than $1,000.00, each, with interest coupons matur. . ing gemi-anrfually at 6 per cent, principal and interest payable in gold coin of the United States in. New York or Portland. Orezon. . at the option of the buyer. .-!' f - This District was trganiged under the I Laws of the State cf Oregon, and has been approved by Decree of the Circuit Court cf the State of Oregon, for. Umatilla County. , The orincinal anrl iritrMt! aF Umm Wt. .wiil k. r.;A U -,' nua assessment upon the lands of tax collector ot . the i;ounry County taxes; - This notice is published by order .of the Board of DLrectsrs given the 4th day of May,. 1915. ! TEEL IRRIGATION DISTRICT, - - y-.. J. Frank Spinning. Dated this 23d day of llay, 191i. Ctcrc . Stamser ' f ' Plants ia United States Oats 116 During the Past , - . . Twelve Months. Owing to a falling' off since August 1 of nearly 30 per cent in shipments of., creosote from England and -Germany, whence comes all but a" small part of the Imported oil used by wood -preserving , plants in . this country, American manufacturers have - taken steps which, says a report compiled by the forest service. It Is estimated will increase production of the domes tip article by about 25 per cent. The imported oil ordinarily forms about 65 per cent of the total used. In the United States, where creosote is the most important wood preservative, .The statistics gathered show that wood preserving Is one of the most rapidly; advancing industries in the country.- In 1895 there were 15 plants in . the United States; : in 1911 there were 132 plants of all kinds, 100 be ing of the pressure-cylinder type. : .Ninety-four of - these planti last year used more than 79.00O.ooo gallons of. creosote oil, mor than 27. 000,000 pounds-of dry sine chloride, and near ly 2,E00,000 gallons of other preserva tives, such as coal tar and crude oil. treating a total of nearly 180,000,000 cubic feat of timber, an Increase of about 7,000,000 cubic feet over 1913, and of 85.000,000 cubic feet over 1912. The most important consumars are the large plants in which railroad ties are treated. v - . "With the yapid advance of this In dustry as 'a whole," says the report, the choice of preservatives ha .bein fairly well estabtiBhed, hut the kinds and -classes of materials to h treated need development along certain lines. In Germany and other Kuropean roun-tries-practically all crosa ties laid by the -railroads are treated with chemi cals or preserving oils. In thla coun try 'but 80 per cent of the ties pur chased by the railroads are subjected to such treatment. - The number of poles treated in this country Is a vary small per cent of totaj In use" French 'Have New Machine CJun. Paris, June 12. The French are about to nrlng into action a monster maciiin gun, - It -discharges 3200 shots a min ute. This means It is provided with an enormous ammunition feeding hop per' and necessarily cannot be operate in - extreme positions. But It ahoulJ be a wonderful weapon in any defen sive sone. . Wrist Watches for Soldiers. Berne, June 12. The British govern- rnAnfr I ahAtil n luf. ..,-.1 y., t Erwies firms for several million wrltt watches. Jn future every British sol. dler before proceeding' to the front will be provided with one of these ar ticles. Overbeds & Coolie Go. ..... . . , 1 Stocks. Bond Cotton, Grain Etc t DIRECT PRIVATE ' WIRES TO ALL EXCHANGES Members Chicago Board of Trade Correspondents of Logan & L'yrao Chicago.; New ork. Sl-aU7 Board ef Trade XuUAlay. 4? Portland Wool r Portland, Oregon Wool stored, baled, graded and sold on : commission only, v-Storage 25c per. ton per month. Liberal advances ' "'AT INTEREST. the said District, collected by the with the other . regular. State a-1