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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 21, 1915)
THE OREGON DAILY JOURNAL, PORTLAND, SATURDAY, AUGUST 21, 1915. 11 NERVOUSNESS PERVADES FINANCIAL WORLD; GRAIN-BREAKS, STOCKS SAG GOOD PEACHES ARE SCARCE AND PRICE RAISES AS RESULT U Medium Grade Fruit Plentiful and Cheap, However, and Trade in That Line Is Brisk; Market Is Cleaned Up for the Week. Good peacbes were scarce this morning and a result a ceater range of prices was to bo found la that line. Extra floe shipping fruit was worth 60c a box while small Ore gon rarietles could be had at 2530c. From the standpoint of choice eating peaches i this season has so far been the poorest the ! local market hug known in seTeral seanons. I)tt rot has been noted in most of the Oregon ( stuff while the California fruit arrlrlng here : has been undersized as a rule aud of none ; too gooa quality. From the standpoint of the housewire, now ervr, it has been a fine season as medium sized, medium grade peaches, the Tery thing for canning, were to be had at remarkably cheap prices. A change may be had by the latter part of next week, however, when the Yakima peaches eouie more freely. Ileports are that while that fruit Is not as high In standard as In previous years still- there will be a greater percentage of high class fruit than In other sections. The hopes of many speculators that a lot of medium grade peaches could be secured Monday morning at a low figure will be dls apiiointed as the market was In excellent shape this morning and gave every promise of cleaning up before the day was over. CHEESE PRICES ARE REDUCED To Increase the sales of their products large cheese dealers today reduced the price on triplets to 14c and on Young America to 13c. The cut went into effect at once. " It is said that the demand "had been much under Dormal for the past three weeks, and this reduction Is in an effort to start dealers : to storing for the later season. BRIEF NOTES OP THE TRADE Watermelons were firm and brisk this morn ing and receipts normal. The cars of sweet potatoes and grapes ex pected arrived on schedule and sold freely. It was the best sale of grapes yet made. A few- ground cherries, used extensively In pickling, reached the market today. They sold at 7Scr$l.U0 a box. White pickling onions were also received from Aurora this morning and wholesaled at 10c a pound. Eggn and chickens were unchanged this morning with the demand moderate. SHIPPERS' WEATHER NOTICE Protect shipments during the next 4S hours as far north as Seattle against maximum tem peratures of about HO degrees; northeast to Bpokane, ttS degrees; southeast to Boise, 98 degrees; south to Aaahland, 90 degrees. Max imum temperature at Portland tomorrow about 82 degrees. JOBBING PRICES OP PORTLAND These prices are those at which wholesaler Bel. to retailers, except as otherwise stated. They are corrected np to noon each day: Dairy Produce. B OTTER City creamery, cubes, fancy, 27c; firsts, 2oc; seconds, 2-1 e; prints and cartons, extra; country creamery cubes, 24V&25ftc; Oregon dalrr, 18lc. EUTTERFAT No. 1, Portland delivery, "2Sc; No. 2. 2S2flc. EGGS Selling price by dealers Candled Ore- TRANSPORTATION San Francisco Los Angeles CWltbout Cbaag- En Bauta) Clean, Comfortable), Elegantly Appelated. Eea-Oolnur Steamship ROSE CITY Sails From Alnswrortn Sock 9 A. M., AUG. 25 loo Ooldsn Miles on Colombia SlTr. All Bates lnclnda Bartb and Meals. Tables and Sarvlc TJnaxcsUsd. Tha San Pranclsoo 8j Portland S. 8. Oo Third and Washington Sta. (with O-W. B. ft X. Co.) Tax. Broad, way 4600, A-6 131. SAN FRANCISCO TBI! HEW WAX AasMtnnn e9 ha tuwvlrf na flue to great popularity of tb Twin aiacN S. S. GREAT NORTHERN S. S. NORTHERN PACIFIC Jdulj 28 hours at sea between Baa Francisco and Portland . FABT.Y BESERVAXI0H8 re Imperative to aroid disappointment. : Btaamaz train from North Bank depot, 9:80 &. n. XTeignt service ob express tuna. Horto Bank ticket office, 6th and Stark. Phones: Broadway 920: A-6671. C00S BAY ETJBBXA AND SAX rBAXCZSCO SS. KILBURN Balls Tuesday, Aug-. 84, 9 9. BE. VOKTH PACIFIC BTEAKSHIP OO. Ticket Offiaa I rrelaht OffU J22A X Si. Fc-Jt Nnrthruo St. December Sags to New Low Record Chicago, Auk. 21. (I. N. S.) A new low mark Jn December, which was re corded in the pit early In the trading today, when it sold down to S1.01V& a bushel. At the outset all grain prices were slightly higher. Wheat was (fnchanged to 4c up. Corn was unchanged to -?4 higher, while oats was unchanged to c up. General selling early in the trading caused a decline in wheat prices. Sep tember wheat sold down to $1.03 Vi. Rosenbaum was reported as a heavy seller in September wheat. Sentiment in the trade is more bear ish than ever. Many complaints of damage were received from -various sections of the grain belt, but were disregarded. It was said that a num ber of local trades were short on wheat and distant futures on corn anj oats. Some traders believe corn; prices are ctill too high. The market appears to be a two sided affair. Following the slightly higher opening prices held fairly steady. Oats sold off early. Provisions, after opening with a small advance, declined somewhat. Last sales in wheat were 2c to 2c tin 1 ,rJ opening figures. The new low uiura la December reached near the close was II. 0014 a bushel. September touched (1.02. Corn closed e to 14 lower, while oats was oft to lc m busueL Provisions were down at the close. Range of beck & Cook building. NEW YORK STOCKS PASS WEAK DAY AS QUALMS FRET TRADE Declines Range From Fraction to Eight Points, but Feeling Is General; Railroads, Coppers and War Securities Are All Hit. Chicago prices fnrnlfhed e company, 216-217 Board by Over of Trade September December May September December May September December May September October . . September October . . January . . September October . . WHEAT. Open High .102 102 .100 lurtft COEN. , 76 H 7o! . . 4!4 -4 . 3Vi 65Vi OATS. . 3J) M . 38 Vi 38 .11 41 POBK. . 1377 1377 . 13UO 13SK LARD. . 820 2f . S20 822 . 872 h75 RIBS. 872 880 . SSO 882 Low 102 100 Vi 104 74 63 64 S 37 40 1367 1377 817 820 872 870 880 Olcse lo2 B IO914 104 A 74 B 63Vi A 04 B 38 B 37 A 40 Va A 1367 1380 B 810 B 820 875 B 870 B 880 B Freight and T aaseaav TEAM ESS TO XHE DAiLXl and Way leadings "BAILEY GAT ZERT" Leaves Portland dailr at 1 A. V Amy and Monday. Sunday excursions to CaX WW KTf W A. M. ttVCOTV O Dw SB. "DALLES CITY" . I esTe Portland Sunday. Tuesday, Thnrada at 6:oO A. M. Cuaday Casoads Looks xearsiom. ........ Sl.M tax to Xaa Halloa tad mm ti.QV AXDEK STREET DOCK, POKTLAKD Pbons Mala 814. A -CI 11 STEAMER GEORGIANA Leaves daily except Monday ASTORIA AND WAY LANDINGS Leavr-r foot of Washington St. 7 su m.. returnins; p. m. Coos Bay Line STEAMSHIP BREAKWATER tads from A Ins worth Doek. Vartlaad, a. m. . worth Keek, f bona laia 86Mk A-3I. City aM. A-S121. Fartlaad Oooa Bar S. C Lima, fon ranch, 24c; selects, 25c dozen; case count, lc doren. LIVE POULTRY Hens, Plymouth Rock. lZbiHc; ordinary chickens, lijc; broilers, lVa2.i lbs., 17c; turkeys, 184f20c; dreseed, 2t((j.26c; pigeons, $1.001.25; squabs ( dozen; geet, live, 8c; 1'etlu ducks, old, 9tJ UVsC lb.; young. 12 Mi a 13c lb. CHEESE Fresh Oreg-on fancy full cream twins and triplets, 14144c; Young America, 1614c; storage flats, 14c. Fruits and Vegetables. FRE8H Fit U IT Oranges. J4.50ffi3.00 box; buuanas, 5c lb.; lenious. S2.5u(Vi4.75 box; grape frnit; $3.50 per case; pineapples, Ouc dozen; pears. fl.O0U1.25; cantaloupes. $.fM(jji 11.75; blackberries, 80c crate; watermeluun, ;.00(SS1.23 per cwt.; apricots, Jl.OO crate; peaches, 254460c box; huckleberries, S(&7c lb. APPLES Local new, 4oc1.25 per box, ac cording to quality; crab apples, 40c per half box. ONIONS Walla Walla, 6075c sack; garlic, 17J4c lb. POTATOES Belling price New crop, 50 85c; sweets, 56c. VEGETABLES Turnips ( ); beets, 75c per- sack; carrots, new, 75c sack; parsnip ( ) per sack; cabbuge (local) fl.Oo; green onions, 104fl2Vbc dosen bunches; peppers, bell, GfeSe; head lettuce, local, 20c dozen; cel ery, dozen. 0475.-; cauliflower. $1.15 per dozen; French artichokes, 85c per dozen; string beans 6c; pess, 3g4c per lb; radishes, 12Vbc dczen bunchea; corn, $1.00(1.25 suck; cucum bers, 5u4J75c sack; tomatoes, Oregon, 25$ji4oc; egg plant. 34c lb. Meats, Fish and Provisions. DRESSED MEATS Selling price Country killed: Fancy hogs. UfelOc; rough and heavy, 8c; fancy reals, 13(313'-c; ordinary, llfy; 11 He; poor, KfjilOo; goats, 3(4c; spring lambs, 11c; heavy mutton, 5c. HAMS, BACON, ETC Hams, 15 19c; breakfast bacon, 1830c; boiled bams, 28c; picnics, lltac; cottage roll, lutac; Oregon ex ports, 13c lb . OYSTERS Olympic, per gallon, $3-50; canned eastern, 55c can; $6.50 dozen; eastern In shell, $1.85 per 100; razor claius, $2.50 box; eustern oyters per gallon, solid pack. $3.0o. FISH Dressed flounders, 7c; steelbead sal mon, 6(ti7c; Royal Chinook. 8c; perch, 6fr 8c; lobsters, 25c lb.; silver emelt, 8c; iialmon trout,- 18c lb.; ballbut, 6(8c; shad, dresed, 3c; shad roe, 15c; roe shau, 6c lb. LARD Tierces, kettle rendered, llc; standard, lOac. CBABd Luge, $1.75; medium, $1.50 dozen. Groceries. SUGAR Cube, $7.03; powdered, $6.75; fruit or berry, $0.55; beet, $ti.35; dry granulated, $0.65; D yellow, $6.15. (Above quotations are 30 days net cash.) RiCE-Japun style. No. 2, 45c; New Or leans, head, 6"4(ji6c; blue rose, 64c; Creole 6c. SALT Coarse, half grounds, lOOs. $10.53 per ten; 50s, $11.30; table dairy, 5os, $10; lw, $17.50; bales, $2.25; lump rock, $2v.00 per ton. BEANS Small, white, $5.t5; large white. $5.50: pink, $4.00; llmas, $0.75; byou. o.u0, red, $6.75. Hops, Wool and Hides. HOPS Buylug price. choice. ISQISc; prime, 12Vii(al3c; medium to prime, loiiHc; medium, loc; 1915 coutracts, 12 c. HONEY New. 3.25&3.50 per case. WOOL Nominal, lulii clip; Willamette val ley, coarse Cotswold, 2S(31c; medium Shrop sJiire, 27c; choice fancy lots, 25&20c; eastern Oregon, 14(j$26c. HIDES Salted hides. 25 lbs. and np, 15'c; salted stags, 50 lbs. and up. 11c: salted kip, 15 lbs. to 25 lbs., 16c; salted calf, up to 15 lbs., 18c; green hides, 25 lbs. and up. 14c; gteen stags, do lbs. and np, 9c; green kip. 15 lbs. to 25 lbs., 16c; green calf, up to 13 lb 18c; dry flint hides, 25c; dry flint calf, up to 7 lbs.. 27c; dry salt hides, 2oc; dry horsehldes. each, 50c to $1.00; calt horseuldex. each. $2.00643.00; horsehair. 25c; dry long wool pelts, 13ac; dry short wool pelts llc; dry sheep shearlings, eacb, 10 (a, 15c; salted sheep Kbearllnga, each, 15&25c. TALLOW No. 1, 6s5i4c; No. 2. 4Vi83c; grease, 3Viti-c. MOHA1 14 1915 31e. CH1TT1M UK CASCABA BARK Buying price, car lots, 4c; less than car lots, 4c. faints and Oils. LINSEED OIL Raw bbls., 66c gallon; ket tle boiled bbls., 68c; raw, cases, 71c; boiled, cases, 73c gaL; lots of 250 gallons, lc less; oil cake meal, $44 per ton. COAL OIL Water white la drums and Iron barrels, 10c. TURPENTINE Tanks, 59c; cases, 68c gal lon, WHITE LEAD Ton lots, SVtc lb.; 500 lb. lots. 8Mc lb.) less lots, Sc per lb. OIL MSAX. Carload lou. $34. STOCK NEWS SUMMARY New York, Aug, 21. President Wilson does not believe that Germany is deslrious of break ing off diplomatic relations with the United States. Duns report of failures In the United States this week Is 354 against S21 last week and 346 last year. Bradstreets says trade conditions are to broaden and industry to quicken. Berlin newspapers are forbidden to com ment os sinking of the Arabic. Greece seeking loan through assistance of the allies. Nashville, Chattanooga & St. Louis orders equipment from Baldwin. Twelve industrials 97.02. off 1.04. Twenty rails 93. off .43. Seattle Produce. Seattle. Wash., Aug. 21. (D. P.) Onions: Green, 25c; California (new), lV4c; Walla Walla.. oO33e. Potatoes New red. lie; new (white), 1Q lWc. Battel: Native Washington creamery brick, 29c; do. solid pack, 28c. Cheese Domestic wheel, 22c; Ltm burger, 18c; Oregon triplets, 16V4c; Wisconsin twins, 17c; do triples, 17c; Washington twins. 16c. Eggs Select ranch, 34c. New York Sugar and Coffee. New York, Aug.- 21. Sugar, centrlfngal, no market; molasses, none. Coffee Spot New York, Rlos, No, 7 Tfcc; Sen toe. No. 4, 9c. Yeal, Poultry and Hogs Are firm Rush It to ns; we pay net cash; no com mission: Veal. No. 1, 12418c per lb; hogs. No. 1. eaauc wr lb: hens. 13014 nor Th- springs. 15 17c per lb; fresh eggs, SOiZXe par dozea straight. Highest market prices guar anteed for lambs, ewes, beef, hide and any kind of produce. Checks mailed dally. Ref erence: me Journal. THE tAVIJi AR CO.. 807-209 Stark st. Marshall 687. New York, Aug. 21. (I. N. S.) De clines ranging; from a fraction to eight points were registered at the opening of the stock market today. "War securities" were under gelling pressure, the railroad stocks were weak and the coppers lagged. Selling in the steel, Issues was an outstanding feature. United States sieel opened a point lower at 72 and In the first hour sold down to 71. Sell ing wrxs general. Bethlehem steel broke 7 points overnight, opening at 274. Crucible steel sold off to 69 early. It opened at 71. Last night's closing was 72,. Baldwin locomotive lost 2Ms points, selling at 76. Amer ican Car and Foundry declined to 64 in the first hour, a drop of 3 points from the opening. Colorado Fuel and Iron sagged to 3 8. The nervous market was ascribed to heavy realizing brought by the reports concerning the Arabic situation and the rumored suspension of British credit negotiations. Copper shares displayed weakness. Tennessee copper, a big feature In the market the past few days, dropped to 49V. Anaconda opened at 70, but sold below that figure later. American Can was under pressure. Opening at 69, it sold down to 67. Studebaker, after opening with a slight advance, sold off later in the trading. Westing house sagged to 112. All the railroad issues were weak; Overnight declines were fractional. As the trading progressed a further de cline ensued. Reading shaded to 145, Southern Pacific declined to 87, Union Pacific fell off 2 points to 127, New York Central was off a point to 88. Rock Island maintained a fairly steady tone. The stock market today closed ner vous. Government bonds unchanged. Others were heavy. Range of prices furnished by the OverBeck & Cooke company, 216-217 pnarq oi xraae DUliamg. Business Is Light At tha Stock Yards PORTLAND LIVESTOCK RUN. Hogs. Cattle. Calve?. Saturday 58 11 Friday 231 17 Thursday 79 19 Wednesday 182 20 Tuesday 51 Monday 1DS 1111 Week ago 140 7 Year ago 472 81 Two years ago . . . . 124 Three years ago . 436 79 38 Sheep. 1613 8 2207 23 1106 1116 17 11 SO 216 723 DESCK1PTION iOpen iHlgb Low Cloe i, 32 I 67 J 59 .'105 1 40 I 52 78 izi 70 78 101 81 OO 274 83 148 V 44 11 29 81 123 44 '39'" 23 125 H 16 '7i 27 "42 170 41H 117 23 101 20 Alaska Gold Am. Car & Found. Am. Can, c do pfd Am. Cotton Oil, c. Am. Loco., c Am. Sugar, c .... Am. Smelt, c do pfd Am. TeL & Tel Anaconda Mining Co. . Baldwin Loco Atchison, c .......... do pfd. Baltimore & Ohio, c Beet Sugar Bethlehem Steel, e - Brooklyn K. T Cauadian Pacific, c Central Leather, c . do pfd C. & G. W-. c C. & G. W., pfd C M. & 8t. Paul Cbl. & Northweatern, c. Chino Copper Chesapeake & Ohio Colo. Keul & Iron, c... Colo. Southern, c Consolidated Gas Cora Products, c do pfd Crucible Steel Den. & Bio Grande, c. . lo pfd Erie, c do 2d pfd do 1st pfd General Electric G. N'., ore lands G. N., pfd Ice Securities Illinois Central Inter. Met.. e....i do pfd Lehigh Valley K. C. Southern Goodrich iA.uisvllle & Nashville. M.. K. & T.. c Miami Copper Missouri Pacific National Lead Nevada Consolidated . New Haven New York Central . . N. Ont. & West.. Norfolk & Western, c. Northern Pacific, c. ..106 Pennsylvania Railway . jl08 iTessed Steel Car. c...i 00 ltav Cons. Copper . . . 224 K Hdiiifi. c 146 in 2nd pfd Ui: Hway Spring's republic -I. & S., c... do 'id Buck Island, c do pfd. ne.r St. LiS. P.. 2nd pfd. do 1st ptd Studebaker, c do pfd e Southern Pacific, c. . . Southern Hallway, c.. do pfd Tennessee Copper Tixas & Pacific Tel. St. L. & W.. c. do pfd. Union Pacific, c do pfd. U S. Rnbber, c do pfd '. IT. S. Steel Co., c do pfd Utah copper Vlrgiuia Chemical Wabash, c do pfd Western Union Tel. . . V estiughouse Elctrlc . Wisconsin Cntrl. c. . . 32 67 08 103 40 02 32 63 56 105 4S 43 26 58 '25 3 60 '63" 89 109 Vi lt7 79 77 121121 70 67 78 76 101 V4 100 81 79 62 58 274 274 81 83 148 147 44 42 ii ii 20 29 81 80 125 123 44 44 '46 '37 25 25 123 124 10 16 . 72 "s" 27 42 170 41 117 23 101 20 26 08 25 V 3 62 o3"' 89 68 26 'ii 169 39 116 23 100 19 23 36 25 2 60 o2" 88 I 37 42 100 23 I 5 105 106 105 108 108 60! 58 22,j 21 146jl45 38 I 37 43 I 40 10Oil00 22! 18 5 ios" 88 I S8 .14 I '06 129 '06 103 72 Ill 66 34 70 114 5 ioo" 86 14i 14 I 5i 'is" 127 '49" 103 129 '56 10.3 73 i 70 111 1110 66 64 34 34 70 69 114 j 114 32 63 ! 06 105 48 49 1. 77 105 121 06 75 100 98 79 58 273 83 147 42 105 29 80 125 44 43 37 25 124 16 sg 5 J 26 31 . 41 168 39 116 100 19 74 141 23 50 112 25 2 60 et 88 24 105 105 108 53 21 145 81 37 40 09 IS 3 8 100 102 86 1 4 , 46 43 9 1 6 127 81 49 103 70 111 64 34 69 111 34 Total sales for day 531,500 shares. AMERICAN LIVESTOCK PRICES Omaha Hogs Higher. : South Omaha. Aug. 21. Cattle Receipts. 100; stesdv. Beeves, S9. 2559.63; cows snd heifers. $6'508.50. Hogs Receipts, 5144; 510c higher. Bulk, $fl.l5(u.0.4O; top. $7.20. Sheerj Receipts, 100; Fteady. Yearlings, $3.50rr, 0.25; wethers. $5.23g6.00; lambs, $8.35 &..(); ewes. S3.00g5.35. Denver Cattle Steady, Denver, Livestock. Aug. 21. Cattle Re ceipts. 200; market steady. Beef steers, $7.1)0 W8.35; cows and heifers, S3.50ff7.3O; calves, $8.50 1O.00. Hons Receipts, none. Sheep Receipts, 230; market strong and higher. St. Louis Cattle Steady. St. Louis. Mo.. Aug. 21. (1. N. S.) Hors receipts. 1700. steady; pigs Slid lights. $7,400 7.73; mixed and butchers'. . $7,434 7.75; good heavy, .$O.So&7.20; cattle receipts. 200. steady; native beef steers. $7.50(i 10.50; yearling steers and heifers. $8.5010.00: cows. Jp6.00ig7.o0; Blockers and feeders, $6.00(28.25; southern steers, $5.258.25; cows and belters, $4,006$ C.50; native calves,. $6.00g 11 .00: sheep re ceipts, none, steady: lambs, $7.758.50; sheep and ewes. $5.307.OO. Kansas City Sheep Steady. Kansas City, Mo., Au. 21. (I. N. S.I Hogs Receipts, 7M; higher. Bulk $0.40$ 7. S3; heavv, fd.25('(j6.90: packers and butchers, 6.75(!iS.3o; light, $7.007.33; picks, $6,506 7.25. Cattle Receipts, none; steady. Prime fed steers. $9.30ftj9.90: dressed beef steers. $7.to U.40; western steers, $7(&0: stockers and ftcders. $6.Uo(isi8.15; bulls, 5.23Gi6.23; calves, ?0.OO(g 10.25. Sheerj Receipt. 1000; steady. Lambs. $7.25 fJ7.75; shi-ep. $7.0Oftt7.25; wethers, $3.50u! 6.50; ewes, $5.234i6.0O. Chicago Hoga Slow. Chicago. Aug. 21. tl. N. S. Hogs Re ceipts, 3000; market slow; 510c above yea terdav's average. Bulk. $6,2047.10; light. $7.00617.85: mixed. $6.15g7.70; heavy, $5,930 7.00; rougbt, $5.95gfl.l0; pigs. $7.0008.00. Cattle Receipt. 100; market steady. Na tive beef steers. $6.0010.25; western steers, $C. 75 62 9. 25: cows and heifers, $8.10g9.00; calves, $8.50R 12.00. Sheep Receipts, 2O00; market strong. Sheep, $5.65(36.20; lambs, $6. 50 8. 85. Potatoes Higher ' In South. San Francisco, CaL, Aug. 21. (TJ, P. Potatoes Delta, $0.601.00 per cental; Salinas, $1.00l.o0: awaet, $2.50; ex car, 10c and 16a Alghr on street. , Receipts and sales were both light today at the North Portland market. Only one sale was made in the early morning, that a lot of 20 hogs weighing 189 pounds average, going at a price at $7.40. Seven carloads of stuff ar rived in. Oeneral bog market range: Best light $7.55?i7.60 Medium light 7.2007.35 Good to heavy 6.80t7.0u Rough to heavy 5.306.00 Gent'ral cattle market range: Select steers $0.506.73 Best hay fed steers 0.25(6.35 Good to choice 6.00ffrt5.25 Ordinary to fair O.oOi'u 3.75 Best cows 4.90(85.25 Good to prime 4.504T4.7.') Select bulls 4.504t4.75 Fancy bulls 4.2"! Ordinary bulls 2.503.50 Best calve 7.00(&7.50 General shorn mutton market: Choice spring lambs Common spring lambs Cliee yearling wethers Good yearlings .- Old wetbers Choice light ewes Good ewes Rough heavy ewes Today's Livestock Receipts. Sheep A. L. Boboskey, Libsou. sir cars. Cattle and hogs C. . Luckey, Cauby, one car. 6.25(86.50 5.736i6.00 5.00(35.50 4.75(15.00 4.73Ca:5.00 4.50 (44. 60 3.75gi4.O0 3.30fti.3.60 BOSTON COPPER QUOTATIONS Boston, Mass., Adventnre .... Ah meek Alloues Arcadian Alaska Bohemia Cal. & Ariz. .. Cal. &. Hecla . Centennial .... Chief Cons. .. Cbino Copper Range . Daly West East Butte .... Franklin Greene-Caa. Granby Hancock ...... Houghton Indiana Inspiration . Isle Royale ... Lake Copper . Mass. Gas Mayflower .... Miami Michigan Mohawk Aug Bid 1 '. 97 . 52 . IO . 32 . 58 . 61 .551 17 . 92 . 44 52 . 2 . " 8: . 38 . 78 . 15 - 27l . 4 . 32 . 26 . 13 . 10 . 3 . 2 . 68 21.- Copper market: is Nevada Coos. .. .13 Nipiaslng 5 North Butte 28 Old Colony 3 Old Dominion .... 31 Osceola 80 Parrot 16 Quincy 86 Ray Cons 21 Santa Fe 2 Shannon 7 Shattuek 25 Stewart 1 Superior 26 sup. & Boston ..in Tamarack Trinity Tuolumne . . . . Lnl. S. Machy do pfd United Zinc . . U. S, Smelters do pfd. Utah Apx ... Wyandot . . 1. . . 1 success Canada 53 47 43 28 5o 38 46 12 1 94 96 BANK STATEMENT OF COAST Portland Banks. 1915 Clearings today ... $1,481,783. 7o Balances today . 90,203.14 Clearings for week $.898,635.39 Balances for week . 868,337.38 Los Angeles Banks. Clearing $2,776,985.00 Balances 229,841.00 1914 $1,324,353.31 106,864.43 9,821.583.47 692.3O1.03 . San Francisco Banks. Clearing $7,863,068.35 Clearings Balances . . . Seattle Banks, .$2,061,277.00 . 221,323.00 At Various Markets. Dulnth. Minn., Aug. 21. Wheat closed, Sep tember, $1.01; December, 97. Winnipeg. Man., Aug. 21. Wheat closed. Sepember, 95 ; December. 95; May, $1.01. Minneapolis, Minn., Aug. 21. Wheat closed, September, 07; December 97; May $1.01. Kansas City, Mo., Ang. 21. Wheat closed, September, $1.01; December, 98; May, $1.01. Bt. Louis, Mo., Ang. 21. Wheat elosed, Sep tember, $1.02; December, $1.00; May, $1-04. Foreign Exchange Rates. Merchants National bank quotes the follow ing rates on foreign exchange: London $4.74. Berlin 20.72. Paris 18.00. Vienna 13.42. Athens 19.25. Hongkong 42.45. Bay City Grain. San Franciaco, Cal., Aug. 21. (U. P.) Wheat Club, $1.67 1.72 per cental; Russian red, $1.751.77; Turkey red, $1.80 1.85 ; bluestem, $1.90 fi 1.95; fortyfold, $1.77 1.80. Barley Spot feed, $1.22 ii -1.27 Ya per cental; shipping and brewing, $1.27 1.32 ;. oats red, $1.30 to 1.40 per cental; white, $1.501.52; black, nominal. New York Cotton Market. New York, Aug. 21. Open. High. Low. Closs. January 969 969 958 959 Marcn 987 991 983 983 May ....1017 1017 1008 1007 October ....... 930 930 918 919 December 967 968 947 947 San Francisco Eggs and Butter. San Francisco, Cal., Aug. 21. (U. P.) Eggs Extras, 30 c; pullets, 27c. Butter Extras, 28c; prime firsts, 26c; firsts, 25c. Cheese California fancy, 12c; firsts, 10 c; seconds, 8c. Seattle Citrus. Seattle, Wash., Aug. 21. (P. N. S.) Oranges California valencias, $3.75 f 4.50. Lemons California best, $2.75 4.60. Receipts Oranges, six cars; lemons, five cars. Los Angeles Dairy. Los Angeles, Cal., Aug. 21. (P. N. S.) Eggs -Case count. 30c. Butter Flesh extras, 26e (jobbers' prices). Clackamas Spends Big Sum on Roads Oregon City, Or., Aug. 21. Accord ing to county records, $177,839.65 has teen spent on Clackamas county roads up to August 1 and most of it on re pairing old roads. The money drawn from the different road funds is as follows: General fund, $54,925.42; district. $87,714.19, and special fund, $35,199.94. Divorce Is Granted. Vancouver, Wash., Aug. 21. Morrl R. Griffiths was granted a divorce yesterday from Alice Griffiths, whom he married here May 15, 1915, on the grounds that the defendant was pos sessed of a violent and ungovernable temper. Desertion shortly after their marriage, following his refusal to deed certain porperty to her, was also al leged. Marriage Licenses Issued. Vancouver, Wash., Aug. 21. Mar riage licenses were issued yesterday by the county auditor to the follow ing persons: P. A. Becker, of White Salmon, and Miss Martha'V. Fisher, of St. Joseph, Mo.; John F. R, Fairley and Miss Sylvia E. Martin, both of Portland. Skagit Officer Visitor. Vancouver, Wash., Aug. 21. Reuben Hlglen, prosecuting attorney of Skagit county, arrived In the city .yesterday to spend a few days visiting friends. He Is en route to Portland , to attend a meeting of prosecuting attorneys from the northweet, t EXPECTED BREAK IN GRAIN OCCURS AND PRICES ALL DROP Sale of 10O Tons of Bran Is Made at Low Figure but Wheat Re mains Dormant; Buyers Said to Be Offering Under 86c Inland. NORTHWESTERN GRAIN RECEIPTS: -Cnr- Portland. today. 1 ear Wheat. Barley.Flour.OatB.Hay. 08 7 14 5 82 1 tt T r. Touil tliU w.elt. rV 23 27 19 87 . 3.".1 13 75 25 38 .1111 loo 140 113 .290 .1427 187 bJ 141 219 .. 21 A .. 2 14 . 34 .. .. 1 3 .817 30 .. 33 235 . 1042 08 . . SO 30 .14 .. 6 2 35 . -! 4 7 8 10 . 532 6 352 13 63H 038 111 3ti2 S8 525 Year ago t-ufcon to dure Year tfgo Taooma, I'rl... Veur a(ro Season to date Year aco Seattle. Fri Year ago Season to date Sear ago. Tlie dron lu Brain rallies continued here to day. At the noon session of the Merchants' Ex change values were from 1 to 5c a bushel off, orj all prices. The bid price on bluestem was off 3c. th ask price 2c. ' Other grades of wheat were similarly affected. The shrinkage spread to the coarser grains alto. Oats were off $1.00 a ton. barley dropped 50c a ton. Bran and shorts were also off 50c. One hundred tons Of prompt bran was disposed of at $24.00. The extent of this more In the Inland em pire had not been determined this afternoon, but it was rumored that all buyers had re ceived orders to make no offers above 86c aud tli&t if any trading was done it would be in The light of short buying. Most ex porters look for an even lower figure before the coming week is over. FLOL'K Selling prices: Old croo patent, J.VliO; Willamette Talley, $5.60: loesl straieht. $3.10: bakers' local, to. 70: 'Montana spring wheat. Sft.00: exports. $4.50: whole wheat, $5.:i0; graham. $5.25 per barrel. HAY" Buying price. Willamette valley timothy, fancy, $13.00; eastern Oregon-Idaho fancy timothy, JIB.-OO; alfalfa. $13.00iM3.5o; vetch aud oats. $11.00; clover, $S.oOsi9.00 per ton. GRAIN SACKS 1915. nominal: No. 1 Cal cutta. 7$s!47 In car lota; leBS amount. higher. M 1I.LSTUKFS Selling price: Bran, $26.50; shorts, $27.50. KOLLHU BARLEY Selling price. $28.60(3 29.50. CORN Whole. 37.00; cracked. $38.00. Merchants Exchange spot prices: WHEAT. Bid. Ask. Rlrcstem !0 $1.03 Forty fold 1K - 1.00 Club H8 .07 Red Fife 85 .05 Ri d Russian So .03 OATS. Feed -. 24.00 26.00 BARLEY. Feed ..23.50 26.00 MILLSTUFFS. Bran 23.50 24.00 Shorts 23.50 25.00 . Futures were quoted at: WHEAT Bid. September bluestem S'.i October bluentein 90 Septemler club 88 October club 83 Seutember fortyfold 90 October fortyfold 88 September Fife 85 October Fife 85 September Russian 84 October Russian 82 OATS. September 23.50 October 23 60 BARLEY. September 23.00 October 22.50 MILLSTUFFS. September bran 22.50 October bran 22.00 September shorts .23.00 October shorts 22.00 Ask. $1.02 1.02 .87 .95 .99 .97 .04 .at .03 .92 25.75 25.50 26 .OO 26.00 24.00 25.00 25.00 24.50 Court Eefuses to Quash Indictments Judge Pooling1, In San Pr&ndsco, Se ries Flea of Atorneye Representing SXen Accused of Violating Neutrality. San Francisco, Cal., Aug. 21. (U. P.) Federal Judge Maurice P. Doollng today denied a motion to quash indict ments against five men charged with having recruited men in San Franelsco for the British army. A long argu ment attacking the validity of the in dictments was made by Attorney Jo seph Bunne. His argument was based on alleged technical defects in the in dictments. "After reading the law on the sub ject and the motions filed by the at torney for the defendants, my belief that the Indictments are valid has not been shaken," said the Judge. Al of the defendants pleaded not guilty. Their trial was Bet for Octo ber 18. They are: Ralph K. Blair, Dr. Thomas Addis, Lieutenant Kenneth Croft, Harold Jane and Clive Law rence. High Tribute Paid To William. J. Bryan Ppeaking on the subject, "The Debt of the Cominon People and of the World to William Jennings Bryan," Samuel White last night, before the Jackson club, paid high tribute to the accomplishments of Mr. Bryan. H! praised him particularly for his work in behalf of world wide peace. V. G. Cozad of Canyon City, dis trict attorney for Grant county, wai called on for a short address. Presi dent R, A. Miller presided. Carnival Queen Contest Is Keen Vancouver, Wash., Aug. 21. The names of four candidates for queen of the Dahlia carnival, to be held here September 9, 10 and 11, have already been submitted by fraternal organiza tions, and several others are expected to have candidates in the race before tomorrow. Miss Ruth McCown is the Eastern Star representative. Miss Gladys Voorhees for the United Arti sans, Miss Vera Overly Is represent ing the Elks and Miss Nita Clark the Rebekahs and Odd Fellows. The result of the first day's voting will be announnced late this afternoon. TRADE BALANCE IS BECOMING MORE OF PROBLEM EVERY DAY Statistics jBhow Exports Run About $200,000,000 Over Imports for First Half Year, PORTLAND FIRE RECORD Friday. 2:23 p. m.. Tenth and Tillamook streets, grass fire, no damage. 4:4S p. -m., 6516 Fifty-seventh ave nue, S. E., flare up from gas range, damage 1-5. 7:21 p. m., 1765 East Ninth street, J. R. Grant and Phil Feldmier, cabinet shop, fire from overheated bearing, shop completely destroyed, loss $5500. Saturday. No fires. Postmaster on Vacation. Oregon City. Or., Aug. 2L. Postmas ter J. J. Cooke, of this city, left today for Barrier to spend tha week-end with Ma family. May statistics on exports, and Im ports carry out the theme that the American trade .balance Is becoming ever more of. a problem, according to the National city bank of New York in Its August financial letter. It says: The problem presented by our ac cruing balances- in the foreign trade grows no easier as the months, pass, the excess of exports over Imports in the month of June being $187,000, 000, although the movement of grain and cotton i'a's down" to low ebb. For the fiscal year ended June 30, the net credit balance on merchandise account was $1,09-4,422,792, with exports of $2,768,643,432 and Imports of $1,674. 220,740. Exports were $404,000,000 above the previous year's record and imports $219,700,000 below. Qoia coming This Way. The losses of gold which occurred In the first two months of tha fiscal year were more than recouped, export for the' year aggregating $146,324.14S and imports, $171,668,755. The abnormal character of our for eign trade is. further shown by the fol lowing summary for May, the latest month for which classified figures are available: IMPORTS. Free and dutiable: May. 1814. May. 1015. Crude materials for use in manufacture $02,878,328 $57,274,023 Foodstuffs In crude condition and food animals 18.347,714 15.380.775 Foodstuffs partly or wholly manufactured 23,179,787 30,481.882 Manufactures for fur- 1 tber a he In nianu- ractnrinir 24,806.482 18.051.376 Manufactures ready for consumption 32,032.144 20,434.321 Miscellaneous 1.037.040 062.304 4 . Total imports of merchandise ., $164.281,515$142,284.851 EXPORTS. Domestic: Crude materials for " use in manufactur e $37,810,080 $44,837,483 Fodstuffs In crude condition and food animals 10,078,817 88,762.870 Foodstuffs partly or - wholly manufacture 20,117.740 40.828.391 Manufactures for fur ther use la manu facturing 30,431.865 36.872.8S3 Manufactures ready for coiisurupticn 08.503.302 87.540.042 Miscellaneous 484.71(9 10.098,443 Total domestic $157,402,718 $289,330,222 Foreign goods ...... 4.239.801 4.8S1.820 Total exiiorU $161.732.619 $274.218,142 War Takes Husbands From Families Here Two Italian Women Report to OftV clals That They Save Been De serted. The present world war Is causing distress among Portland women as well as women of Europe, for it has caused at least two men to desert their fam ilies. In both cases the men are Ital ians and ln one case the departure for the seat of wai is certain. One man whose neighbor all say is a most excellent man and very good to his family took "French leave" and wrote et route that he did not have the heart to tell his wife he was leaving, but that the call of the fatherland was too strong for him. His wife will re ceive 18 cents per day from Italian Consul Vlsettl and the consul hopes the king of Italy wiW - allow more. Tha wife expects to become a mother in a few months and has a three-year-old child to provide for. In the case of Ardnino Bementllli, the other, there is not the same cer tainty that he went to war, though his brother stoutly maintains - he did. A ron-support warrant was issued by ihe deputy district attorney for Sementilli, and if he did not go to war he will be located if possible and brought back. Mrs. Sementilli is at the county hos pital awaiting the arrival of an ex pected addition to her family. . Sem entilli told his wife he would take his suit to the cleaners and left with a suitcase, disappearing completely. W. C. T. U. Convention. Vancouver, Wash., Aug. 21. The county convention of the W. O. T. U. will be held at Tacolt Thursday and Friday, September 2 and 3. Delegates are being selected from the different unions In the county and it is expected that the coming meeting will be largely attended. The Vancouver dele gates are: Mrs. Hannah McCorkie, Mrs. S. Huntley, Mrs. Sarah Dorland, Mrs. Flora Sunderland. Mrs. F. R. W'helan. Mrs. Pearl Rothery, Mrs. Mary Manning, Mrs. C. Mongerson, Mrs. Blevans and Mrs. Jorgenson. Committed to Asylum. Oregon City. Or., Aug. 21. Mrs. John Laar, who says her husband has left her, was examined for lnsanitay Fri day and committed to the state Insane asylum by Judge Anderson. at 1r not known where Mrs. Laar's husband Is. THE Canadian Bank of Commerce Head Office TORONTO. CANADA Established 1867 A General Banking Business Transacted Interest Paid on Time Deposits Commercial Letters of Credit Issued Exchange on London. Eng land. Bought and Sold PORTLAND BRANCH Corner Second and Stark Sts. P. C. Malpas. Manager , Overbeck & Cooke Co. Stocks. Bends, Cotton. Orala. Zte , 16-317 Board of Trade Bnildlar. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trade, ; Correspondents of Loga tt Bxyavs Chicago. Nr York. GENERAL BUSINESS NEWS Sew Store for Xreewator. J. F. Slover, proprietor of the Fair fctore of Milton, Or., one of the largest establishments in that paxt of the valley, has decided to remove to Free water and has leased the large brick building belonging to Kd. Mason on epot street, now occupied by the J. A. Schmidt Mercantile - company. Mr. Slover. will take possession the first of tho month, when Mr. Schmidt will move into the new brick store now being erected. Mr, Slover m-111-also open a mercantile store in Weston, -where he has formed a company wltu a coital stock of $30,000. Articles of Incorporation. Rice-Penne company, capital stock, $2000; Harold O. Rice, Landor Penne and Mae Penne, incorporators. . Articles of Incorporation. . Merchants' Exchange association Capital stock, $1000; V. A. rattullo, A. Berg and A. Cohn, Incorporators. " VANCOUVER REMAINS DRY UNDER DECISION OF SUPREME COURT Ruling of Superior Court in Test Case Is Sustained by Higher Tribunal. Vancouver, Wash., Aug. 21. The state supreme court has handed down a decision In the case of the State of Washington against William Paul, one of the local saloonkeepers who made an appeal from the findings of the superior court of this county in a test case following the state wide and local option elections last tall, in which the decision of the lower court Is confirmed.'! This means that Van couver will remain dry. Acting, as they believed, within the provisions of the law and under the provisions of the restraining order from the federal court, the saloons -did not close the first of the year as provided by statute. A wholesale r- , -rest of liquor dealers was made short- -ly after the first of the year, some of whom later quit the business en- -tlrely and in order to settle the cases against them pleaded 'guilty. . ' Paul, 'in a test case, pleaded not . guilty to selling intoxicants in a dry unit and was convicted oh an agreed . statement of facts, the case having been submitted before Judge R. M, Back. An appeal was taken to the su- -; pre me court on the grounds that the v statewide bill became effective 30 days after its adoption, although Its provisions did not become operative .. until January 1, 1916, and therefore repealed the local option law, with which It was In conflict. j ' The court held, however, that the , local option law Is effective and in force until such time as the statewide bill becomes operative. i School Teachers In Swimming. Oregon City, Or., Aug. 21. One hun, dred school "ma'ams" attending the teachers' training sctiool at this city, "skipped" school Friday afternoon and went swimming. The party took a, special car to Oak Grove and returned late In the evening to Oregon City, Your Best Friend is the money you have when you need it. It is the influence which keep the world friendly towards you. It makes you independent of borrowing and of paying back. LIBERAL RATE OF INTEREST PAID ON -SAVINGS by The United States National Bank j Third and Oak Sts.. Portland, Or. Capital and Surplus f $2,000,000 The First National Bank Of Portland, Oregon offers you excellent facilities, uni form, courtesy, careful, attentive service and safety for your funds. We cordially invite your business. Capital and Surplus . . . .$3,500,000 The Bank of California NATIONAL ASSOCIATION Of San Francisco Founded 1864 Capital paid in - - - - - $8,500,000.00 Surplus and undivided profits - $8,256,734.33 Commercial Banking and Savings Department PORTLAND BRANCH Third and Stark Streets ' THE BEST EVIDENCE OF OUR CON TINUAL AND RAPID GROWTH IS THE GREAT NUMBER OF SATISFIED CUSTOMERS WHO ARE DOING BUSINESS - WITH US. THE Northwestern National Bank The Bank of Personal Service .WHILE AWAITING the oppotunity of some profitable investment deposit your money in our Savings Depart ment and make it earn 4 per cent interest for you. We invite you to call and talk this over with us. Merchants National Bank wmmmmmmmmmmmm mmmmmmmmmmmmam wmmamm - Under Government Supervision V; ' Founded 1886 Washington and Fourth Streets