THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, JUNE 18. 1916.
EUROPEANS MANIPULATING PRICE
WHEAT IS FORCED
LOWER WHEN CROPS
Cereal Price Are Reduced Gener
ally Throughout World and Ma
nipulation of Foreign Interests
r Is Charged Shortage In Crop.
' Wheat market em weaker and
lower all over the world during Iho
last six days. The weakness wus
genera) anil sfinud io be a sort or
y mpat hat 10 action.
Considering Jim crop condition
there should hifve ben a very sharp
advance, in the price of wheat ai
w orld's . c ent ei -s ilui inir the six days,
but Instead of Otto the market every
where reflected depi isslon.
There Is no doubt tliat the thief
cautto of the present weakness In the
wheat trade la tne huge supplies now
held by l.nglish interests. Reports
Xroin Bondon ami Liverpool indicate
that stocks are the heaviest known
for many ymrs and that warehouse
room Is at a premium Owing l
the needs of tlie government for sloi -age
space for ammunition, fhe. tnt'io
cannot jsecuro additional space tor
wheat.
One of the noticeable features of
the trade during the week was th.j
insistent cry i lialy tor supplier.
It was almi noticeable that despite
ail the "hof-air ' recently blown re
garding the extreme weakness of the.
English trade and the cllorts of the
tra.le there to resell some of its hold
ings, Italian Interests were unable io
purchase, a single cargo in (ireut Brit
ain. Tills leaver tne impression iiulte
clearly that tlie Kngllsh are trying to
depress lhu iimrkei lur the coming
season.
There Is no denial of the fact thai
the ciiiryuver ot wheat Into the 11 ti
ll season by the world's tni.lo will
be one of the heaviest known, but
again it must tie i icemOet cd that the
world s crop is going to be one of the
smallest known. in comparison wit.i
tlie record yields of the i;ilO season,
this season s output is going to loon
very small. For thai reason there
Is not the slightest doubt that every
bushel of tlie last season production
will be needed to mase up tor the
deficiency in the 1916 production.
Freight rates are sure to exert a
big influence upon the wheat trade
of the woiid during the coming sea
son. In tact tnere is every Indication
that some of the present weakness und
dullness in the trading Is due to tlie
general expectations oi" shippers and
buyers that o can iretghla will show
a sharp decline beiore the bulk of
the world's crop is ready to move.
In fact recently lower rales have
been quoted along the Atlantic coast.
While this lias not jet been felt along
the Pacltic coast, whatever al feels
the trade generally will be forced here
beiore long.
Oats and larley markets . were
weaker and lower during the six days
trading tor exactly tlie same reason
as wheat.
H-OlB Selllna price; P., I ant. fS.OO; Wil
lamette Talley, SI.50; local straight $4.4lQ
4.80; Inker' local. $4.0"(n.1; Mnutana eprlng
wheat, $3 UU; exports. ?4. Mn 4.5o; wome wheat
SC. 45; graham, $a.;!u; rje flour, i UO per
twrrel.
II AY Buying price: Willamette valley tim
othy, fane) $20; emteru oregoii-ldabo fancy
fhn.ohj, $i!H(tS!; iili"ulta. $211 22.
liltAlN. SAL KS- l:ilc nominal No. 1 Cal
ci.tis, lie lu carnns; ess aniouats ir higher.
- lloU 10 OATs SO ."s'(0,18 er Parrel.
lalLts'l't KK3 r4.lllug price liran $26;
lu Ik, 82U jer tun.
UnU.klJ' BARLEY Selling price 831 Hi 32
pel tu.
Mercbanta Exi-hnnce June prices:
TV 1 1 EAT
Bid A.k. B1rt
Sal Krl.TburvWvi1.Tueo.Mon.
Bhieutem .. 04 .is K3 U7 W t6
I'.irl.vfolS .. M i S. Sll K5 Sl
I'll. I. sa s:i M sft 4 v.
Hil flf"'.... K2 sit M stj S4 S.l
lb-il lunula u M Ki M SU 84 85
s
0
80
OATS
Keed
Keed
. .1T;0 s.-i .'7..H 2HO0 2S00 2750 2S23
HAUI.KY
..1:750 l"-:,o UTT.o i:soO SSOO 2T.'mj ZS2S
MILLS I I KKn
. .LM.'rO 2i:.n J.l.-.o XuT 'Zi: 2:!7."i 2I"0
. . 2ti.'iO -i.'iO 'M-iU 7oJ 700 ol i7(K
Itriin
Sli.irn
Kutures were gunteil :
WIIKAT
SHOULD CAUSE GAIN
KM. Ask.
July bhieatem 4 1)S
AuKuat bluetein 02 US
July forty Told 81 HO
August forty fold HO tKl
Jut.v club si! h
AiiK'iat club so V9
July red fife S2 m
Ai.;uat red fife so ng
July IbiMliih .1 82 8
Auguat Kuii'lau 7S SI)
KKl:l OATS
July 25O0 20O0
Auguat uata 2450 2tiou
KEED UAULKY
July 27oO ZS."0
Auguat 2JmO 2-sou
Mll.IJSTUFfS
July bran 2400 24.")
Auiuat bran 2:i"i 24.0 T
July liurt : 27m 27."i0
Auguat aiiurta 27UO 27io I
San Francisco Grain Market.
8H Franclaco, Juue 17. Barley calls:
July 17. July in.
Eld. Ask. f!e.
December i: 1.16V4 l.'ir.VjM
Spot quotatlona Wheat Walla Walla,
I l.ti2Vjl.t!; red KiisHlan, 1 . t!2 Vi O 1 Id : Tur
key red, $l.7.14(l.sti; blueatem, $1.804jl.82H.
Keed barley l.J0(ii l.aa hi brewlug, J1.J34J
1.40.
Whit catu fl.45tiil.47H.
Bran $27. UU(U 27 .5"; uihldlliiga, $.1233;
abort. f30(iX:a.
TIIAXSPORTATION
piPALAtESItlarVlIlfjr
SS. SOBTHESR PACXFXO
83. GREAT KOITHBM
Portland $20.00)
rusi
CLASS
to nint
San Francisco $17.50)
BEE
ZTKAS
T'otulst, 61S and $13.50; 3rd cUH, $8.
$33 Bound Trip from "June 10.
MJiALS AND BERTH INCLUDED
Steamer Express (Dlnliij Car)
9:30 A. M.
TUESDAY. THUBSSAT. SAT UBS AT
Sellings 10-J0 A. M. same days from
Baa Francisco for Portland.
THEOUOH SXiEEFZBO CABS
Btwen ruvel and Seattle and Van
couver. B. C.
TICKET OFFICE. 5TH AND STARK.
348 Wash.. 3rd and Morr.. 100 3rd.
- Phonea Broadway 920. A-6671.
Alaska
Ketchikan. W rangell,
Petersburg. Juneau,
Douglas, H alnea,
fckagway Nome and
SL MlchaeL
California
Via 8eattle or Van riaaciaco iu io
Angeles ana san viegv.
Lars, eommodloua iwaaeuger teainrra. torn
rat, including bertU and mala.
Full particulars apply "r telephone
Ticket Office 349 WasnlaffXoa St.
tfl Mtn VSt. Horns, A-2293.
y y w n
r, gAILS DIRECT F0S
! SAN FRANCISCO
LOS ANGELESSAN DIEGO
Monday, Jan 19. a 30 P. M. -
Baa fftaaoiace,; aruaa La Aa(Ma
BtMmaaip Co. v Fraak BolUoa, Agaat.
18 TUIKS ITREIX. A-4484. Main St.
I RATES ARE
BIG FACTOR IN THE
MARKET FOR APPLES
Cost of Transportation a Big Item
in Marketing Pacific Northwest
Product lreent liate llased
I poo High Price of Years Ago.
That freight rates form a very Im
portant factor in the making of the
apple market has been the opinion ex
pressed by some ot the leaueis of the
trade and industry for some time.
Owing to the long distance that fruit
from the i'acilic northwest must trav
el before reaching the big markets of
tlio cast, where i lie bulk oi the sup
piles are sold, shippers of this sei't.oii
are at a big disadvantage in competi
tion with those of the middle west.
In an able article, the Hood ltiver
News says: "There has been much of
late in Mie Fortiand press about help
ing the Iruit industry of the nortn
west. One of I lie plans advocated lor
helping the fruit business is the col
lection of a lund to assist the pio
posed cooperative government agency,
and also the Oregon slate horticultural
authorities in controlling marketing
conditions. This idea is admirable,
and any real help that can be given in
this way will undoubtedly be highly
appreciated by the fruit industry, iiut
so far in the history of the north
west fruit industry this particular
character of assistance has proven
largely theoretical. What the fruit In
dustry oi the northwest needs is help
of an Intensely practical nature. The
greatest help that can be given this in
dustry, and more particularly the ap
ple producing branch of it, is a trans
portation rale that will enable it to
compete on more even terms with ap
ple growing districts nearer the great
centers of population. It may be ti ue
that the present rate on northwest ap
I l is neither unjust or discrimina
lory. when figured out on tlie long and
short haul method, but it is also true
that the. I'acific coast fruit haul is the
most profitable that the railroads hin
dle, and continues to be the most prof
itable, whether the price of fruit is
high or low, the rale having been es
tablished when apples were selling for
ti or belter a box.
"Transportation rates also figure in
the higher production cost of north
west fruit. Implements, vehicles,
fpray materials and other necessities
to the fruitgrower are all higher on
account of the long haul freight
charges than they are in the compet
ing eastern fruit districts, which are
more adjacent to the centers of manu
facture. . aiding to this the higher la
bor cost on the I'acific coast, it will
easily be seen why western box apples
reach the centers of consumption with
a big handicap. That the western box
apple has, for a number of years sold
nt a higher nrlce than the best eastern
fruit, rtesoite this handicap, proves its
superiority. Hut. no matter how su
perior It may be, it cannot stand too
great a differential in rates. Kach
succeeding year is bringing with it
'loser competition in the fruit busi
ness. Western methods of cultivation,
spraying and packing are being adopt
ed in other districts, with a corre
sponding increase in ouality and pack,
while the old cheap rates for transpor
tation remain the same in the district
nearer the big markets."
Bearish Condition
Sends Wheat to
The Lowest Level
Chicago. Juno 17. The cumulative
factors which have caused the recent
decline In vulues were not tempered
lw the receipt of any news of bullish
import, with the result that their de
pressing effect continued to be felt
hv market values. Oenerally favor
able weather conditions for the har
vesting of the new winter crop where
the same is under way, lack of cash
and export demand and the continu
ation of weakness in freights, ail
made for further heavy liquidation
with the result thit prices sold at
the lowest point during the present
crop vear.
While formerly a reduction In freight
rates was considered a bullish fac
tor, such Is not the case at present
for the reason that lowering of
freight quotations means the filling
of the European demand by America's
competitors.
It Is thought by well posted cash
handlers that the sales of corn to
arrive yesterday will not be expanded
on the recessions aAd that for the
Immediate future the question of an
enlargement of the movement will de
pid upon the willingness of buyers
to nay the producer 70 cents In the
territory contlnguous. to Chicago. This
situation would probably not prevail
if the growing crop were up to date,
but generally speakin? throutch the.
central part of the belt the wet and
cold weather has made the growing
plant two or three weeks behind Its
average f.rowth for this season. The
future course of values In this com
modity -'111 depend this year to a
greater extent than usual upon cli
matic conditions between now and au
tumn. A period of hot, forcing
weather would bring the cron forward
rapidlv ard inasmuch as the summer
months are usually accompanied by
heat, an Improvement In the crop out
look is to be exnected, with a gradual
lowering of ouoted values.
The magnificent crop outlook still
dominates the oats situation and over
shadows the fact that there la a steady
and good cash demand for domestic
and export account.
Notwithstanding ' a decline of Is;
cents in hog prospects, products met
strong support on the earlv decline
and closed at the best prices of
the day.
WITkAT
Open.
101
103 14
107
71 'a
70;
61i
38 'i
38
39
2270
2235
1277
12U0
Itlrh.
lol
'.'
107
CORN
71 '3
70
tits
0AT3
?A
3Sti
POKK
2;o
22tto
LAKD
125
l.fOti.
Close.
10OA
10214 A
100';
71H
70UjA
11
38B
3814 B
3j;b
2200
2250
July
Sept.
loom
1112
lOtjlj,
70
70
fil
3S
as 1.;
! Dec.
July
Sept.
lec.
July
Sept.
Deo.
Jely
Sept.
July
Sept.
2267
2220
1275
1200
128ft
12U7
KIBS
July i:'2 KttiO i?:7 B
feit 1320 lXi 1310 1327 B
Apples on Auction.
Boston. Mass., June 17. It has been
announced by H. Harris & Co. that bar
reled apples grown in New Kngland
will be sold at auction iu Boston this
coming fall. Different from the prac
tice in New York, the barreled apples
of New Kngland wilB not be solicited
for the auction by the state but by in
dependent shippers. Boston has one
of the oldest fruit auction houses in
the United States in the firm of H.
Harris & Co. Horatio Harris, founder
of the partnership, sold ship loads of
fruit and merchandise at auction back
at the time of the Civil war. The
business has remained in branches of
the family ever since.
Boehler Coming Wednesday.
Los Angeles. June 17. tP. N S.)
Manager Harry Wolverton of the
Seals announced today that CJeorge
Poehler, Detroit pitcher acquired by
the Seals yesterday, will report next
Wednesday. Wolverton intends to
put Fitzgerald's name on the disabled
list and thus keep within the player
limit. '.,
FREEH
SOUTHERN OREGON SHEEP MOVING TO MARKET
I f'l'Vi Vs;Mr i
These sheep
were raised on
stockyards
Wheat Crop Conditions Are Now
Showing Quite Fair Improvement
By Hyman H. Cohen.
Crop conditions are Improving somewhat in the wheat sections, latest
advices received from special crop correspondents of The Journal Indicate that
weather conditions are ideal ano there are general expectations for improve
ment In the condition of the crops.
The yellow spots are beginning to disappear from the fields of the leading
wheat sections, and, as th ground is well supplied with moisture, the outlook
is more hopeful.
Apple crop conditions arc unchanged. The crop of Winesaps is likely to be
tlie smallest lor u number of years, but other varieties are expected to show
an average production.
Cherries are dropping very fast in some sections, and the general outlook Is
for a smaller crop than lat.t season, taking the entire Pacific northwest
together. ... . .
The crop of prunes in the illamette valley is now expected to be one of
the greatest for many years. This is
in Clarke county, Washington, the prune crop is spotted, but the average
reoorteii favorable. Idaho reports continue disturbing.
Potatoes are showing the best growth in years. The early planting is
far advanced that it is now possible to
Hop
ington.
districis report crop conditions
Frost Gets Tomatoes.
A frost on Saturday morning. June
10. nipped a large portion of the to
mato acreage conti acted for by the
Rogue River Valiev Canning company.
It is not yet too late to replant, and
the cannery has secured about 10,000
fine plants from Spokane.
Wool Sales High.
The liakcr Herald says that Sam
Carter of Long creek haj sold his
wool to Ed Woodall. contracting the
fine wool for 23 cents a pound ana
the coarse wool for 25 cents. This is
trie best price paid here for wool in
several years.
Umatilla Wheat Better.
Wheat prospects are looking better
in the Milton-FYeewater part of the
country than at any time so far this
year, but are far from being of normal
appearance, and the grain stands not
over 20 to 20 inches high on an aver
age, and much of it is heading out,
although less than two feet high.
Cold Injured Trees.
The warm weather in February, fol
lowed by cold weather in March, has
caused many pear and apple trees in
the upper Willamette valley to appear
dead, according to County Fruit In
spector C. K. Stewart. In February
tne comparatively high temperature
caused the sap to start flowing, and
the subsequent cold weather froze it,
injuring the trees so that they have
not grown leaves this spring. Most
of the trees thus affected will revive
next spring, says Mr. Stewart. South
ern Oregon orchards have sufefred
worse than those about Eugene.
Cutting Alfalfa Crop.
This has been a busy week for every
farmer with alfalfa in the Hermiston
country. Reports and opinion as to
yield vary greatly. Some say the first
crop is short while others contend the
weight will be very near normal. Some
reports of two tons per acre have been
received. The quality is good.
Xew Oregon Potatoes.
Archie Philip of Sumner, on Coos
Bay. is busy these days digging five
acres of spuds and shipping them to
market. He has purchased a lot of
boxes and is sending out an average
of.'o0 boxes a day. The potatoes are
the finest potatoes that can be had.
They are grown on upland ground and
are rich and mellow.
Start Hay Harvest.
A Mt. Vernon mail advice says that
many of the farmers along the John
Day river started cutting their first
crop of hay today. Owing to the cold
weather there will probably be a short
age this year in the first cutting.
South America Is Demanding a
Greater Supply of Foreign Potatoes
South America as a market for Ore
gon potatoes is thus viewed by Charles
J. Pisar, United States consul at
Buenos Aires, who writes under date
of April 11:
During the last four years there has
been a continuous increase In the Im
portation of potatoes into Argentina,
although aside from those coming from
France, the source of supply has been
irregular.
The annual consumption of potatoes
in Argentina amounts approximately
to 55.000 tons, or a little over 150 tons
per day. The annual domestic produc
tion in normal times does not exceed
50.000 tons, so about 5000 tons must
come from abroad. Besides this, Ar
gentina imports practically all the po-
Itatoes destined for seed purposes, most
of which have been coining irom
France.
During the season of 1913-14 and
1914-15, the domestic potato crop was
poor, especially during the latter sea
son, and consequently large consign
ments for consumption purposes had
to be sought abroad. All the potatoes
imported into Argentina, whether des
tined for seed or for consumption pur
poses, are brought into the country un
der the custom classification of "Po
tatoes for Seeds," on which there is
no duty.
With the large demand for potatoes in
1915, important shipments came from
the United States and from Spain, al
though both these countries had never
before figured prominently as export
ers of potatoes to Argentina.
The potato for seed purposes most
in demand here Is the "Early Rose."
It is popular, and it seems that the
Argentine grower will have nothing
else. Seed potatoes should weigh about
24 ounces each. The annual require
ments for seed potatoes are about 6000
to 7000 tons. They must be ready
for shipment so as to arrive in this
country during the months of August,
September and October.
Potatoes' for consumption should
weigh not less than 3 ounces each,
and not over 5 ounces, or approxi
mately 10 potatoes to the kilo (2.2
pounds). The white potato is more in
demand for consumption purposes than
the Early Rose.
All potatoes intended for shipment
to Argentina must be packed in light
airy crates of 30 and 60 kilos (68 and
110 pounds, respectively), capacity, and
in barrels of 7 kilos (167 pounds.)
The smaller sized crate containing 30
farms near Oakland and
awaiting shipment.
are in the
especially true ot tne souinern sections
is
so
figure upon a good growth.
as favorable In Oregon and WasJi-
Beets Doing Well.
That the several hundred acres of
beets planted in Sutherlin valb-y are
doing fine is the Statement of Samuel
Storey, expert ror the Oregon-Ltah
Sugar company, who is now on the
job of directing the work in the fields.
Prune Outlook Good.
Around Forest Grove the outlook for
prunes is very good. Henry Jjavid has
one of the best prospects lor a heavy
yield of prunes kjiown in years. His
fine 26-acre orchard is in splendid con
dition and the outiook for a bumper
crop was never better.
Crop Looking Better.
W. A. Johnston and Ernest Wilier
ton of The Dalles motored to Antelope
and say the crops are looking bet
ter in that district. However, the dry,
cold weather has left the grain In a
spotted condition.
Sheep Commit Suicide.
Dan Wilson, whose ranch Is near
Coqullle, says that after getting a new
batch of lambs this spring he has
only 60 head of sheep where iie had
70 last fall. During the inclement
weather last winter when there was
snow on the ground the yearlings, al
though well sheltered and provided
with plenty of food, absolutely refused
to eat hay and died for the want of
the green herbage that usually can be
found all winter in this section.
Xew Fruit Dryer.
Dr. E. V. Hoover of Roseburg is
making arrangements to erect a modern
prune drier on his ranch, a short dis
tance south of that city. The drier
will have a daily capacity of 300
bushels of prunes and will be up-to-date
in every particular.
Dr. Hoover has a drier on his ranch
at the present time, but on account
of the unusually heavy prune crop
this year he decided that a second
plant would be necessary to handle
the yield. Within the next year or so
Dr. Hoover will also have another
orchard of about 20 acres coming into
bearing.
Trucks Haul Hogs.
Several truck loads of live hogs have
been taken from Scholls direct to the
stock yards In Portland. This plan of
marketing seems to be favored by the
farmers, who realize as much for "their
product as formerly and save the ex
pense of butchering. Rowell Brothers'
truck is used to make "the trips.
Imbler Fruit Damage Small.
Imbler orchard owners are using the
time between blossom and fruit time
to do their spraying. So far the frost
has done very little damage to the
apple crop.
kilos are the most popular, and are
quite often built with a center parti
tion. These crates should be so con
structed as to permit of a free circu
lation of air between the slats, al
though at the same time providing a
strong container for the potatoes. To
give the crates more resistance, they
should be bound on the outside edges
and also in tlie center with a narrow
strip of chestnut bark or iron bands.
All prices should be quoted per crate,
and not per pound or bushel. The
weights should be given in the metric
system.
An executive decree of Argentina,
dated May 29, 1913, provides that every
shipment of foreign potatoes shall be
accompanied by certificates, one of
sanitary origin ( sanldad-origen ). at
testing the healthful condition of the
soil in which the potatoes were grown,
and the other a certificate of the
soundness or wholesome condition of
the potatoes under consideration.
These certificates must be issued by
government experts In the country of
origin, and vlseed by an Argentine
consul.
Coos Bay Sends in
Wild Blackberries
Strawberries and blackberries weeks
ahead of the rest of the Pacific north
west states is the record of the Coo-s
Bay country. J. R. Rand of Cooston.
has sent The Journal a mixed crate
of strawberries and wild blackberries
no finer fruit being produced any
where. The wild blackberries were the first
seen here this season but they are
said to be abundant in the Coos Bav
country. When regular train express
service is given that section, Port
land will secure lruits earlier than
any other section of the northwes'
has been able to produce.
Three years ago Mr. Rand
homesteaded 40 acres on the Wlll
anche slough. His place is now
largely under cultivation. His crop
of strawberries were ripe in
April. This year owing to lack of
markets he did not ship any. But next
year be Is planning on having berries
on the Portland markets. These are
the first wild backberries of the sea
son. V -X . V,
OF WHEAT
THREAT OF MEXICO
GIVES STOCK MARKET
LOW PRICE RANGE
Wall Street Takes Pessimistic View
of International Situation and
General Selling Pressure Results
in Securities.
New York. June 17 (.U. P. ) Tlx
New York Kvening Sun s financial re
view said today:
The reai-tionary tendency which de
veloped in the stoci market toward
ihe close of the session yesterday on
the rumors of the reported mobiliza
tion of (he National Guard for ser
vice in Mexico, were accentuated this
morning by the definite announcement
that General Carranza had issued or
ders that if any more troops crossed
the border or if anv attempt was made
by the troops already there, east,
west or south, they would be at
tacked by the Mexican forces.
An irregularly heavy opening was
followed by an interval of weakness
In the course of which AlexiiHn Petro
leum declined about two points, while
losses ranging from a large fraction
to a full point and more were freely
distributed throughout the list. Stand
ard railway issues offered greater re
sistance to the forces of reaction than
other groups, but St. Paul declined a
full point, and Reading. Union Pa
cific, Southern Pacific and others of
that k.nd declined fractionally.
busses were not much if anv in the
closing hall" of the session, but the
market, whicji was a shade better, de
veloped no ptor.o'.inced rally
Kange of Niw York prir-ex rurnihel by
OTerb. i k & Cwke Co., Zlti-217 Board of Trade
balding:
l
'1(11 loll
' feu : II iku.; Li , Lloae
Alunka Ooitl 1
Altia fbulmers, c 20.
2U
ul Mi
50 -4
Au.ericau Beet Sugjr., 0:iVj,
Anerku t an, r , 50 , . ,
Aaerltau Can, pf ; ,
American Car Kuy., e.
Auit-ricau Linseed, c.... 2:,
American Loo... e ; 71
American Smelter, c... 07Vb
aitt ' 14 ; y
109 l-4
21 1 21
71Vi 71W
WO , '.Hi
' i K
American Smeller, pf .
11.1L4
. . . , 1 1 1 Vh
0 Vj 13l.li j i:juit
... 1 ' 45
American
Am. iel.
American
Sugar, c.... :.
Tel lJO'ijIl
w i.ilen, c . .
An.iciiida Mining Co..
S4 ,
1U5.,
i'ssi
I HO .
M; Sl
lo5 '-s . lOOHi 1 1"5 '
AtCDlNOll, c
AtibiaiU, pf
Baldwin Im-o., e. .
Baltimore & ubi.i.
belloebem Steel, c
bctblrbem Steel, pf
Brooklyn 11. T
Calif. Petroleum, pf
Canadian Pacific.
Cenlral Leatber, c
.. ...ion-,.
ss-V
oi:
0O
yu't
44"
13
40 '
175
&4H
Ml1.) so.
I;
1751
5
4 4
175
54
64"
Central I.eatlier, pr
Cbesapeake & Oblo
Cbi. & J. W., c.
Cti. & G. W.. pf . .
CM.. M. ic St. h".
Ciu it S. W., c.
Cbino Copper
('olorudo K. & I., c
Consolidated Gaa...
Corn Proililcti. c . .
ion Pro,iu ts. pf..
Crucible steel, ....
Crucible Steel, pf..
.112
i u
. 04
371,,
'iivii'
i-iW,
37 V
0!Va
37
tS
l-ns
52
52, 52
I-
U1
20 , L-iii,
7'4j 7
2V S3
117
I "
30
, 4S 14
37 37
53 j 53
160 Vj V'M
W'l
lieuyer & 11. C,
C.
louver & B. U
Mlttiilera
pf.
I
Krie, c
hue. lat pf
General Electric...
General Wotora. . . .
i 37
- 53 V
..,171
37
531-i
171
....,470
76 i 70
37 37
121
40 1 45
Goodrich Hubber..
70
7i
37:
G. Northern Ore
G. Northern, pf.
Lands, Z7
Greene Canatiea....
Hide & Leather, c. . .
Ice Securities
Llinola Ceutral
Industrial Alcohol...
Inspiration
Int. Haryeeter
lnterboro, c
Interboro.. pfd
K. I . Southern, c. .
Lackawanna Steel .
Lehigh Yailij
Louis. A- N:iliville. .
M'. Petroleum . . .
Miami copper
Mo.. Kan. & Tex.,
Ileuuecoit copper...
Mt.-souTi rucitic .
National Biscuit....
National Lead
Nevada Con
New Haven
N. V. Air Brake...
N V. Central
N. Y., Ont. Sc West.
Nor. & West., c. . .
Northern I'acific...
Pacific Mall
I'enn. Railw ay ....
Peoples Gaa
Pit Lstnirg Coal, c. . .
Pittsburg Coal, pfd
Pressed Steel Car. c.
io-ij
40'
I I io
30 I 29H 20
KKJ 105H 105
157A 150 ll.'CMl
4-i 48 40 'a
113 ,113 113
. 1 30
. lou
.'157 r4
-I
.113
J
1 I i 1K
75
25 V
ri
7!4 7ov
S2- S2",, si 1 HI u,
1334,134, 133 1133
1C4 PH.1U2 ,HCii.
-i au-Sij
3
52Sj'
i
3o Ta i 35
.... 4
51j 5I
I
. ..i 68
... 17
....121t
8 I 07
17j 17
68
17H
... 02j 62
...,130 1 137
. ..jlot) lott
o-sat,! tiZ
135135
jlU5,lo5-ii
I:
. 1311132 131131
.1114 U4,114V;114S
I it i ',i
. 57
1"1
I Vi
.,lr.;
41.
I
I
r
. . . i 49 '
50, 40
Pressed Stet Car, pfd.
I-
,10"
ltay Cons. Copper 'J2',i 22- 221 1-2
By. steel fcpmigB j 1 43
Heading, c ln3 ,103 , 102 , H.rj
Kepub. Iron & Steel, c 40,1 47 40 4i 4H4
Bock laland 21", 21 j 'J,
Sbaltock i 32 ,32 32 i 31-,
Seara. Koebuck & Co..j ' is.
Studebaker, c.
Studebaker. pfd
Sloss Sheffield
Southern Pacific
Southern Ry.. c
Southern By., pfd....
Tenn. Copper
Texaa Oil
Texas Pacific
Third Avenue
Union Pacific, c
U. S. Kubber, c
I'. S. Hubber, pfd
C. S. Steel Co., c...
C S. Steel Co., pfd..
Utah Copper . . , .
Westlngbouse Electric
Wisconsin Central ....
Wool worth
139 130; 13s 131,
...... I '107
51. 51, 51, 50
lSI 0H!! 'J1! H1
'i 22 22, 22
08, 00 ! ti8
43, 44 -V 43V 11
! 1 1S8
I I ) 12
OCri 641 04 04
137 , 137 1 137 il37
54, 54
, VWm
I 8.-11 85, 85: V,
11H ;118 ;117 117
, 70; 701 79 7
til l 61 i 60, UP ft
I-.--. I 4
i:t; i:iv, i:i :m
'i'olal tales, 253. OOO sharea.
Boston Wool Has
Further Advance
Boston. Mass.. June 17. About 5,
000,000 pounds of wool has changed
hands in Boston this week at advanced
prices. Boston buyers are operating
steadily in the west though growers
have refused many offers Little pros
pect of removal of the British embargo
on shipments of wool here, together
with tlie fact that England is to buy
all the Knglish and Irish clip of 1916
makes the position of American grow
ers still stronger.
The minimum clean landed cost here
of the 1916 fine staple and half blood
woofs from the west appears to be 80c.
It Is a poor fine or fine medium clip
that will not cost 72c to 75c. At the
Caldwell sale 6o0 000 pounds were of
fered this week ar.d only one half sold,,
bids of the remainder being rejected
as too low.
Some Texas wool is being bought at
25c to 28c. Sales of new wool here
include lots of Wyoming and Utah in
original bags at 27c to 3oc, some Soutii
Americans have brought from 40c to
45c.
Receipts during the week were 3,
925.516 pounds domestic and 3,824,420
pounds foreign.
Angels Seek Infielder.
Ios Angeles. June 17. P. N. S.)
Manager FianK Chance of the Cherubs
todav made another offer to the
To
ronto International league club ror
Lena Blackburne, an infielder. The
Los Angeles leader is said to have bid
$2000 more than Toronto paid for him.
Chance learned today that Fielder J.
Smith of the Pirates has refustd to
leave the east.
Says Yanks Want Chance.
Los Angeles. June 17. (P. N. S. )
Members of the New York Yankees
would like to see the return of Frank
Chance, according to Harry Kingman,
who tried out with Jibe Washington
Senators and the Yankees, both as a
first baseman and pitcher.
Edited by .
Hyman H. Cohen
GENERAL LIVESTOCK
MARKETS ARE LOWER
FOR WEEK'S TRADE
Hogs, Cattle and Sheep Are Iown
hut Selected Lamhs Are Firmer
and Highei" California Graspers
Affecting the Cattle.
PORTLAND LIVESTOCK Rt'N.
Hogs Catt le Calves Sheep
1 his week. .
jast week . .
Pre v. week . .
Month ago. .
Year ago. . . .
2 years ago. .
3 years ago.
707H 20flS fiO 4444
7!'1 1356 100 4 13-
7340 1102 82 443S
5400 1653 176 3S;4
5374 1 49'J Sll 4913
1512 71 S179
303 2 15 76 IH 5619
repression has generally been shown
In the local livestock market for the
week. Hogs and cattle were lower an I
sheep were down. Ijimt's alone were
the exception and toward the closing
of the week some selected stock soid
higher.
Market for hogs here was under In
fluence of tlie very heavy supplies now
being marketed. Seemingly the flood
gate of swine offerings has been
knocked aside and very free movement
to market shown.
The market in the, northwest Iihs
been much weaker than elsewhere in
the. country for the reason that busi
ness conditions are not as good, l'ntil
labor is more generally employed the
consumptive demand for pi.rk and pork
products Is not likely to te heavy in
this section.
Oeneial hog market range:
Choice light weights JR. 05 'i R.I 0
Cood light weights 7. Soto 7. Ho
Medium weights 7.25fa 7.5ii
Rough and heavy. 6.75p7.0j
Cattle Trade Depressed.
With California flooding the entire
coast cattle markets with supplies and
the volume of southern stuff being
marketed here the greatest known, the
price of cattle naturally was on a
downward scale during the week at
North Portland.
Sharply lower prices resulted for the
California offerings but the greatc-t
depression was in north wt-st stock,
which was not generally of as firm
quality as the southern offerings.
Just when the California run will
let up is a matter that even the lead
ers of the trade ate unable to state.
Tlie absence of sufficient feed in I lie
south is t he factor that is forcing the
marketing of the bulk of the cattle
from that section.
When this run stops there will in
all probability be a strengthening of
the position of the trade and price.
General cattle market range
Choice grass steers.
Ordinary to common
Choice cows
Ordinary to common
Choice heifers
Ordinary heifers
Choice bulls
Good to fair bulls. . .
Ordinary to common
He-t Lght calves....
Good calves
Selected Lambs
While fractionally
generally forced In
. 7.75tg) 7.85
steers. 6.00&7 50
6.50
cows.. 4.006.00
6.50
6.25
6.00
4. 0P 4.60
bulls.. 3.00&3.50
8.00
7.007.&0
Are Firmer.
lower prices were
the mutton trade
during the week.
at North Portland
sales of lambs were made at lirm
values.
One lot of extra good lambs sold on
Friday at $9.25 or a quarter above any
recent sale here but it was a quality
transaction and the real market was
Dractically unchanged but
firm.
General shorn mutton
range:
Select spring lambs
Best yearlings
Cood to common wethers.
Best ewes
Good to common ewes....
and
lamb
9.00
,25rff 7.50
5 )(jt ' 6 .75
.25. 5.50
bU'u 4.75
Weather Is Good
. And Wheat Grows
Walla Walla. Wash.. June 17. Fol
lowing the cola, backward spring, dur
ing which the wheat in this section
made a comparatively poor growth,
the past week has come as a redeem
ing period during which both fall
and spring-sown wheat recovered
rapidly and has made a good growth.
While no rain has fallen since the
first of the month, it is said the
crops are not suffering for lack of
moisture, owing to the large amount
of water in the found. Farmers
would welcome a rain at this time,
however, believing 1e w ould materially
hasten the development of growing
grain.
Reports received here from all parts
of the valley are that the yellow spots
have nearlv disappeared and the wheat
has taken on a healthy verdant color.
In some localities the fall wheat is
heading nicely, and while the average
field is not up to the standard of last
vear in point of stoollng, the outlook
is far from discouraging. Continued
favorable weather, it Is said, will
bring the spring wheat through in
good condition.
Weed nests have appeared in some
parts of the valley, probably because
,.,,),. M natarit nt twtvorAl varftlt
seems to have gained a foothold, and
in some of the smaller rields adja
cent to this city the growers found It
necessary to cut their fields in order
to stamp out tlie foreign growth In
some instances it was possible to cut
the weeds without damaging the main
crop, because of the fact that the
former had gained full growth, where
as the wheat was far from maturity.
JOBBING PRICES DP PORTLAND
Tbeae prlrMi are tboae at which wboleaa lera
ell to retailers, except otherwise stated:
Dairy Produce.
EL'TTKK Priut. extras. ?Uc; prime.
27c; firsts. 28 c: dairy. 21421 e;
extras. 25c; prime firsta, 25c; firsts,
meouds, 22V.-C.
flnita.
cuhe,
24v,c;
BU1TK1CI AX Portland delivery No. 1 sour
cr am. 27c: No. 2. 25c.
EGGS Selling price: Selected frsb. 25(iJ
20c-; case count, buiux pin-e. Oregon ranch.
Zlc; ordinary candled. 23 Oj 24c.
LIVE PnjLl RV Hen, i.eavy. Pljrmoaib
Kin k. 14 t i ordinary chicken-. 14c per ii.;
kta-s. 10c; broilers, PHllSc; turkeys, l832oe;
dressed, fancy. 2li'(l27c. culls. Ii'g2uv, pik
eons, ll.ooral.25: squabs, $2.0o dozeu; geese,
live, JOtille: Pektn ducks, old. 10c lb."; young
and heavy. 17c; Indian Kunuers. 15 lb.
CHKLSH Selling price, r reah Oregon r&ocy
full cream livius and triplets. 101oc in.;
Young America. 17n17c. Price to Jobbers:
I-lata. 15'; oung Ainericra. ldc. f. o. b. ;
cream brick. 22c ; LnnbfrKer. 23c, WUcocs.u
wheel. 34(0,31'?; block an t. 30c.
Fruits and Vegetables,
KRESli ttt'iio Orange.. fancy navel.
$2.5ia-3.5:- Valencia. 43.o box; bunanaa. oe
ll.; leinouas .. 10 Ux; gropclru.l. Flu
ids. $..5o; cauliflower California, $1.15. crate;
cauta loupe, al .Jo'U- crate, watermelon.
2c; peaches. $ 1 . i uU 1 .25.
b Lit HI 1-5 Strawb:rle, Oregon, H.754j2 6,
gooeueiTiea, 3&4.5c lb.
APl'Lt Local. .Jctf$1.5G per box, accord
ing io quail"'.
ONIONS No. 1. JI.75 per cental; No. 2.
$.Z.",(y.l.5o.- garlic. 12c. new red. (2.75 -i-Cfblal.
1-uiA'I'OhS Selling price: Local. tlMftt
1.75; ouyiuit price. ..11,0 per cental, near
Caluoruia ',Kac.
VfctiK 1"A Bl.i.is Turuti. 4oe Goaeo bunches,
carroir.. 40c. lmil-huiph. -Oe dostn uuuli,; tral
i.a -. J3.00 pcf c i.; green uuuu. duaeu
buuebes; IH.-per. Kloriua. v5c dozen, head let
lin t. 'aliP.ruia, ti.oo per irate: ceiei y, Flor
ida, $3.5u; cuiifiovr, Callioruia 1.15 doaeu;
tleucu arlk'iivae. ic; Mspaiau. local. Sl.iit,
Xl.lo dieu bunches; bolhouae cucumbera,
7"k-4$1 -ot t-er ikaeu; lyum toe,, Caittoraia.
tl1.15 boa; Missioaippi. .75 crate; egif
plaut. 12c; striug beau-., sloc lu.; aplna. t.
ler bov; inuPmru. I(u-c per ib.. peas.
lu.V pr IU.
Moat, fas aaa rroTWoas.
1liLSSi-O iit.Ala .iUum uric. Couuirj
killed law-J i-oii. I0:; . 6Ht-. 'taiur
mi, lunsall; oiui.ry, vioioc: goau,
5c In.; apriuK Unow. lie lb.; iuuttou, luc lb.
HAMS, U,ACAI.M. KTG Uauis. I821c lb.i
Drvsktaat tNsouu. 17UiaV I-.; lauiianl kalua, tie
FINANCE, INDUSTRY
AND TRADE REVIEWED
Tewer Hew Orders la Evidence.
There is still a decreasing tendency
lioivn in the number of new oiders
being placed in eastern manufactur
ing and marketing centers, but it is
of no special Importance at this time
as the general run of reports are that
most factories are filled up with or
ders. Those who are in position to
dp so ate trying to prevent any spe
cial break in prics. Deliveries ate
being maintained at a high rate. The
lowering of ocean freight rates is an
other faclor of general importance.
It has also special significance lor
this roast. When the offerings on
the eastern aea board are fewer the
carriers will pay attention to Pacific
coast business.
Conditions of Faolfio XTortliweat.
Tlie continued reports of increasing
hank clearings show that the volume
of business n the Pacific northwest
territory is holding the record of the
past several weeks and showing many
gains over last year. Col lei lions are
good In some districts and fair in
others.
The following review of Portland
end its tr:ide terrltorv. prepared by
the manager of Hradstrcet's local
agency, is believed to lie a fair state
ment of the situation.
Portland. The following report of
busiiit-ss conditions, ab of June 10, and
reported on Bradstt eels of June 17
b the local manager:
The Itose Festival, carnival Just
ilostd was a marked success. Hotels
operated to capacity and downtown re
tail stores report active business. Bot-
tk supply concerns report large per- 1
cehtago of increase In ttade over last
jiiir, which Is attributed to the large
increase of loganberry juice output.
Wool is arrimg lit Portland ware
houses in large volume from eastern
Oregon wool growing sections, but
sl.ee men are slow in selling at pres
ent prices.
Owing to the large b...g loss in the
recent dock fire at San Francisco an
acute sliortafe is reported. Longshore
men, who struck June 1. 1916, went
back to work June 9. 1916, but the
rivermeii are still .ut und river trans
portation is still severely handicapped.
Collections fair.
Six Cities Show Gains In Bank
Clearing's. The six principal cities of
the Pacific coast section again show
splendid gains in bank clearings for
iho latest week when comparison is
made with the corresponding week of
last year. Tile figures In Oetall are as
follows, the comparison being made
between the week ended June 17, 1916,
and the week of June 19, 1915:
Jane 17. 1016. June 10, 1015. lucreuxe
Port land
I12.MKi.104 Sll. 003,000 S 1.810. ls
hen 1 1 ie ...
'1 acouia . . .
Sikaiie . .
San Iran. .
Lo Angeles
71X1,480 11.4a,UUi S.JS.l.H't
: 53u,:ait 1.7O0.18-J s:i:i,2oo
B.144.340 8,000.265 1,484.17j
50,U37,57tf 41). tx. 1,8111 lu.:i0,OSH
24,881.204 ao.l'5.2.85 4,222,ilU
The grand total of bank clearings
for all the chief cities of the United
States for tlie week ended June 16,
was $i.nT6,'Jl3,000. compared with J3,
11)6,458.013. lor the corresponding
week of 1U15. an increase of I1.48U,
454,057 for the latest week.
Seserre Banks Increase Aoceptances.
For the week ending June 16, the
operations of the federal reserve bank
a.
San Francisco register a gain oi
$S4ii
000 in holdings or uana ucccpi-
aiices.
a gain
A gain or 4i3,ooo in reserves,
of 530,0o0 iu government de-
posits, a
loss in member bank deposits
and in tlie municipal warrant nuiuuiga
are
also shown. Iho principal items
in the statement, nuw buiuu
Gold in own vaults
Gold settlement fund
Total reserves
Ccinmcicial rediscounts ...
Bank acceptances
United States bonds
Municipal warrants
Federal reserve notes
15,654.000
Dili, 000
6.591,000
401,000
4.540,000
3.6OX.O0O
1.626,000
7,714,950
lb.; picnic. 13c; cottage roll. 15c; Oregon
eaoorts, I5uluc per lb.
OVSTLK8 Olyuipls, per gallon. $3; canned
eust.-rn. 55c can. S0.SO duteu , eastern In shell,
1.6j per 1O0; razor clauia, 12c doaen; a si
tu, oysters, per gallon, solid pack, 83.
1 ISli Dressed flounders, 7c; Chinook aal
uiou. 12!t4l2i:; perch, 7j&e; lobslera, 25c;
bilnr uielt, 8c; saiiuuu Uuut, 12c lb.; hali
but, 10u,12e; torn coU, 7c; black baaa, 70 lb.;
gliml, messed. 3t4u lb.; alurgeou, 13c.
c UAliS Lar;e, 81.75; uieuiuui, 8l3iO doaen.
LA HO 'licit ea, kettle lendereu, 14c;
slunuuid, 13 c
Groceries.
SI GAR Cube, y.2o; po.vdered, $8.95; frull
or berry. 88.45; Honolulu, 8".4d; best, 88.25;
dia granulated. S8.45; U yellow, S'S5.
t.VPoTe quoiatioua are 3o oays net caaa.)
lio.E .New, 83.25u3.50 per caaa.
U1CL Japan slyie, M. 2, k; Sw Or
lcaus, Ueud, blue rose, 6c.
t!AL'l Coarse, huif grounds, 100s, S10.50 per
ton; ioa. 811.30; table dairy, 50a, tlU.OP, 10u,
all.. JO. bales, f'2.2i; lump rock, S20 per too.
BEAMS Small wlille, 8S.25; large whits,
,3.10, plus., u.2a; ilwaa, S5.5; bayuu,
led. So. JO.
Hop. Wool ptul Hidss.
HOI'S Nouunml, bujlna; puce, 19JJ croj,
choice, 10Uic; priuiu, luc; medium pj
pi nue, idlDc lb.
W OOL 1016 dtp: Willamette valley,-coarse
Cotswold, 3oi(j.3c; tuediuui Suropablre, 34 Hi
35c; line, om-Wc; eaateru Oregon, 20ti25e.
lilUto auiu-U nluea w pouuua auu up),
tic, sailed aUiK too lbs. und up). 12c, salted
kip 115 IPs. to 25 lbs. i, 17c; salted calf (uo
to 15 lbs. i, -.'U-lc. greeu hides (5 U. and
up), 14 c, green atags (jo ltw. ana up),
luVi'C; green, kip. 115 ios. to , lh ,,
green cull (Op to 13 Iba.), Z4i24c; dr fllut
idc. ZMiltolc. dry flint calf mp to 7 lt.,,
ic. dry salt bides, ifcK , u y buraehldea, sacs
iH42, suit l.orehide; each, ii.l0(44d Jo;
l:i.reiild. 2S4-, dry long wooj pelu, 2oc;
no uui t wool pclta. lie; drjr sheep stiear
iiuss. each iu'4i5c; salted sliecp sheariluga,
each, 15u25c; lry goats, long balr. lc; ury
goals, snearltugs. each. lOfcioc, salted long
wool iits. Sl. uU2.5u.
'I ALLOW No. 1. 8c; No. 2, 7c; greats. 7c
till 11 IU OB CASCAUA BAKk tsulng
prices, per car kits. 4c; less tnau car lou.
4c.
AlOHAIK 1U11. 35c Ib.
Faints and Oils.
COAL OIL Vv-ier wuiic. in drums sad Iron
imrrets, l:c.
LINSEED OIL Kaw. bbla.. Sic -gallon; ket
tle boiled, bbls., 83c; rav. case, hoc; boiled,
case, 88c gal.; lots of 250 galluua lc less.
1 1. ttt'L.. 1 IN'L lunks, on., cases ooc gap
Ion.
WHITE LEAD Ton Iota. 10c lb.; 000 lu
lots. 11c; less Iota. 1 1 c per lb.
OASOL1.NE Basis price. lc per gallon.
C1L MEAL Carload lots. 34; leu man ear
lota. 8J5.Av.,1
DAIRY PRODUCE ON THE COAST
Seattle Markst.
Seattle. June 17. (V. V.) Bntfer Natlre
Waahlnyton crtaiiiery, " brick -Jc, ditto sobtl
puck. -8c-.
Cheeac Oregon triplets. 17c; Wisconsin trip
lets, !tc: ditto twins, ltc; Voung America. 22.
Eggs 4elect ranch. 27c.
Los Angeles Market.
Ijjm Angeles. Cal.. Jane 17 (P. N. B.)
Egns 4Jae count, 22c.
Butter Fresh extra. 25c.
New York Cotton Market.
Open. High. Low. Cl'.
. 131S 1(1 1311 1313
. ).".27 1332 13'. 1.1T7
. 1.44 l.i4 1341 iXM
. 1282 1282 Ih 27 1 12; a
. l'J4 14, 1 -'82
. 113,4 12V 12SS fzvti
. loJ7 1311 lAi JJijJ
January
March ....
M-y
Juy
AL.4,-ust . . .
seoiember
Oc tcb r . . ,
brceuiber .
POTATOES ALONG THE COAST
Seattle Market.
Seattle. Wash.. Juue 17. ( U. P.) Onions
Australian. 4-; California. 25c; yellow. Cali
fornia. iVI'n 2 7.".; red. tllforiila. S2.50.
Polatoei--While, new California. 2c; while
river. -s; taklma Binbauka. $3o; Vaktuia
sems. s.xi..
New York Sugar and Coffee.
-New York, Jane 17Sugar, ceuulfugai,
0.4O.
Coffee Soot New; York No. T Atos. Bc;
No., 4 Santos, 100. . i
Capital paid in ; .
. . , 3.933.00 vt:
banks 23,177.000
. 2.Ji86.0O
. 29.76.0(rOl ;
Deposit net member
Deposits, government
Total reserves ,.
Hew York Banks Build Reserves.-
The New York batik Jabemetit for th4)
B.t.,., I,,.,.. 1 it .fa!, , .u u .... t.iwArtA :
iu reserves. The ltms; lncftide: ; t,'
vnj l a InUTi. .1.11-,'uulia ! till QjH fltia -
h ...... .t. . - r, r.iiii nun
crease T... . i. . , 4,71 8,000 --
rfifiHKP resei ve ucousiis hi- .
crease 21.b04.54(l
Actual loans. dece.ah . 32.166.000 '
Actual net demand iteposits. !i "f
crease J 3.143.000
Aitual time deposits.: Ilict'eaise 4,360,000.-,.'
Actual reserves, IncrtHKr . . . . 21.346,Q0j) .
Saturday rinanctal, Ooss'p. crucibls
t...l ......l I .1 l, aii'l.ln.l nn
fi i red and one fntirtit jf -1 per cent on '
back picfciTod dividends -The average
pi ice of 12 Indusl : il(i Was lS3itO, A ?.;
decrease of 1.72. and f't 20 rails, 1 0.7.47, '
a dei tease or ,,:i. n, la, reported ins-;
mat ket hears a hint of a Mexican loan.. J
--The
ceiVr-d
biitilv.
ttcruuin go Vel tutient has 1'- :
Iti. ooo, ooo loom ja New Y,ork
Business Failures' for Xast Week. -
According to K. G. Dun r I o.. tliore
were 2'.)5 lalluics In tM buslncbs liouses
ot the L nited States for the Week ;v
ended Juno 15. conilia eed with 287 f or
the week ended .nine , ana 3u lor toe .
week ended .In In- li.'lblU. ill the Ik- ;
i U.,.n !' (t
utes tin tne week euju-wi june a, ouro
preceding mid 4s lor the coi responding j
week of lat Jear. , ,
i fiiiu a i i-i. iu irvi . iiiuuicon i .
money record for thi wct'k. Both de- j
maun lonua unu 1. 1 1 1 1 i j'upci ickioivicu
i . i . . i. . . i . J. . ' p i . . . .....,.:
lllblici mi L1U9 aveiUHe mi 1110 f,niaa
ncetv lllilll lui Ilia ni:o. liiillicuiaboi ,
piccedlng. Bur silv eij .ih) Mexican dol- -5
lata &liow weakness eiiltlt the Saturday -;
market, -ondoii exchange ieinaliiJd at
tLc same flguio as lAiSt Week.
The range ol rates for the week was ,
aj lollows.
New Murk Dcmuiic loans were firm
er tlian the ptecidiug. Week with thS-
ruling rule in 3 per ceni. an wcua auu .
the high rale gome; Up 10 3 ; per cent
on Friday, lline loans, 3 to 3 ' prac- :
tnally all week, (commercial paper
3 U ' 3. per cmi lor to to 'JO days.
ciai iliscounis, u n pen cviil, icn i vi a
e&c.tiiigc ai pieiuiuiiK.
tocatiie Tunc luaim and commercials'
discounts tiy h per ee.nl, )v'tw Vork 5
change tl.'ii prcniluiiis , l
San Francisco Time loans and com
mercl.il discounts 4(ii;5 lJdr cent. Sight
drafts al par to 1 per Celt. telegraphic :
transfers 2 Va 3 cents.
F.xchaiiue on I.ondvti, at Nev York,,'
was siigntiy vs Lumc, , vaiyuig iiyia
- ,-. fc. . . a r. i i i c
-f."rS'l, t.iw,,-,. ,
Bar silver was much lower, ranging
from closing on s.mif-day'ut 03' cunU. :
M li-:i ii iliiilulH luUct. closlliu QA
Friday at 48 cents.'
Rediscount ruli-s on; the federal re- ;
1 I. .. i.... l.W.I ..w. ... n I
fieive uailiv ul a,i ASUilv,a,v c,iuw
unchanged. Tlio lollotK ing are the rates
,1 I 1 I i ,1.. 1 nW
vo in in vi vii (i'i, -v ys
cent; 11-30 days, 3 ; pijr cent; 31-80
days, 4 per, cent, tilr90 days, 4 Vs per a
Agricultural and livestock paper,
davs to six months maturity, uv per
Trade acceptances J-1D days, 3 pet
-jii,:ii ,c,'i, 'l- int 1-4)A
days, 3 per ce'nl. (
Commodity paper, 4-30 days, 3 per
cent; 31-60 days, 4 pericetil, 61-90 days.
4 per cent, i uj)-8,n moutns,
per cent. 1
Bankers' acceptance 2 to 4 per cent. '
AMERICAN 'IJVEMl'OL'K l'RICES
Chicago Hees 89.90.
CLIcugo. June li. ui N. H. ) Hogs He
celpta lO.iHXi weak, 15c under Yesterday's ier
age. Bulk Hol.'iiaDtt. iilglit. l.254tl.80;
uilieil, li.4o't'.i.',i; heavy. $035lU0. WO; luugb,
IU.35M !).."ll; pigs. $l 'i'uh iV.
Cattle Receipts 4'MJ. easjr. NatlTe beef est.
tie, 7. 8.'(n 11.4ii; wester stefra, tl frHilt 18:
atukkers and feeders, S0.lHi(t8.H(l; cows sod
belters, 4 .OOftt IO.isi ; i les., ( r,0',( 1 1.75.
Slieep Ilecelpu Hi), hl. iiily. Wethers, TW
4i8. IU; lambs, S 7.5U((i loao; springs, SH.oOtJ)
11.&0. , '
Kansas City Hegl, 9.75.
Kansas City, June 17. --H. N. .) Flof
Receipts 1200. lower. Butk Uo AHUH 0; beary,
80 65 (w.0 75; packers and bun hem U 5." ti.7o;
light. SO. 354!) 03. pigs. SIsi't8. 5.
C'sltle Keeelpts luo. alcaa. Prime fed
steera, 10.3,"iit 1 1.25 ; dreswd beef steers, t
U 10.25; western steers, IwiOOli' 1 1.00; stock trs
and feeders. 80 75(tt.&0; bulls, S5.7iitf -cao;
caiTea, o.a'(iii.iF.
Slieep Itecelpta none, steady. Lsmbs 88
88SAM
a.r.kj
11.10; yearllnga, S7. ib'U-M, Wethrr,
7.M); ewes, 80. 00417.00. r
Bt. Louis Hog's. f,M.
St. Lxrats, Juue 17. (U'N. S.) Hogs Ite.
eelpts 6500. lower. Pigs and lights, 8H.0u4it
0.85; mixed and butcher S9.H54J u.y6 ; good
besTT, ll . 85 1 .1.115; bulk, 81i70fU.tMI
Cattle Receipts 350. sinady. NatlT beef
In..., ST 11 IK. . ... r t , ,, .. . t A .-,
or, an fuioi. 1 1 fi r.nm s.i rdrti, ru BMkM :
srnl feeders. 85.50418. 50; southern steere, 85.50
O.Wij prime yearling sti-ert and belfera, 8S 78
4110.25) cows and heifers, S.-.,lsi(u8.W); prists
s.uuiriu .mil, ,tf.w,,ov. u.i Ta, 9
" &. ' : ' :
niiHein,vei!iui.i uuut?. ( vbii i . v vinfn s.i.iiu
4J8.00; clipped ewes. t U0ta7.5O; clipped
lambs, Kl. 004, 10.00; sprlug lambs, 87.00J
11.04.
Omaha Hogs f8.es.
Omsna. Jnue 17. (I. i S H. ) Hogs Re
ceipts 7800, lower. Heary.! 80.W)(r!.5; light,
j. IlOy &.,; plga, iHXX)'u).i; bulk of ai.
se.otw.oo. -
Cattle Kerelpts 100. steady, NstlT sleers,(
87.356tll.W); cows and lislfefs. 87.OOi2IU.OOc
western steers. S7..V)ii;t.a(; Tes steera, $7,00
(jiS.OO; atock'-ra and feedxra, 87.o0(4lS.73.
6stUe Hogs , 88.44).
Peattle, Wash.. June 17-r(4'. N. ft.) Boss
Receipts 108, steady. I" rim lights, $H.W0lft
8.40. medium to choice, , 88. 188.25; smooth
heavies, 7. l.Vo, 7.1i, roilga U.-sTles. 8l.00;
7.40: pigs. $7.15ut.70. t.
asiiie iveceipis none, sijeaicy. ifear steers,
8.354S.0t; m-dlutu to c).,tie, tAX)ut.T;
ecu, nn. n to medium. It) SOW 7.50; let coirs.
87.o"fi7..V); iviijjiu.iu to ie;lluai cows, $4.001
6.50; bulla 84.O0B14..V): rialvea, 8 7. Ml tH. 60,
Hiieeji Kerelpts al. steuay. Laniha fH.&Oij
9j. Vearlluga. S7.25fti7.5i);' ewes, S5.75uJ.4IU,
Denver Hogs. $9.46.
Denrer. June 17. Csitl-f-lsai, steady; beef
at.-ers. S.oo(r I0.:; rows slid liHfers, 87.(X)4
8.M); st'K-kers and feeders, 8r.Uiu0.o0; calrsa,
Slo.otKil 1 .00. , !
Hogs- 40V, 10c higher: top, SO 45; balk,
.-(UJt.-. , -
hlieeie 300. stesdyf Wifljbs, I10.KQUJJS;
ewes, 87.50ftt7.75.
Liverpool Caxli Wheat.
Lirerpool. June 17. (I. N. H.) Wheat
Root No. 1 Manitoba, lor Id: N. 2. 0a lids
No. 3. Us 9d; No. 2 red western winter, 'J
10.1.
sgs"si 1 -gsaaaa
Overbeck
& Cooke Co.
Stocks, Bonds
Cotton. Griin, Etc
DIRECT PRIVATE
WIRES TO ALL
EXCHANGES
Hi
Members Chicago Board of Trade
CorivKpoiidents of lioigah aV Jijrraa
Cblcagu. Ner-yrk.
316-S17 Board ( Trade? Bulldlaf.