. '- "
' i"'- ' 'i .An-nA-av fltntn a we- vsvvt.v a . hAnor i Mf ottxtn 1 0 "Srt"taTTaTf' . YTTT V OO 1619
r -
- ' f3-
. 'f" " V'-
s
. NAVY CONSIDERS OREGON WOOL BEST J2S&
A
Ml
IT M
IHIlLnl III
STRONGER BASIS IN
ALL WORLD CENTERS
Everywhere, Where Trading Is
Shown to Any Degree, Values
Are Firmer and Higher Oats
and Barley Show an Advance.
T,'2ii;it market all over the world
was on a sti-cnger basis and prices
were Hharply higher a. all points
here any degree ol trading
show n
was
JULY WHEAT
8 CENTS BU.
RISES
3.
CENTS IN SEPTEMBER
Further Sharp Gains Forced in tha
Chicago Trade Corn Market
Also Lifted With Provision I-ist
Higher for the Day.
DISTRIBUTION
IS
FACTOR IN APPLES;
By Joseph F. Prltchard
Chicago, July 28. (I. X. S.) Ad
vances were shown of 8c in the July
future and 3c in the September wneat
' r T f i - n ta i. I v
Utirnaxc to 1 1 spring wneat crops i
!Tt" pHceinae- the May luture. t Provision, were all
sp.tc the tendency of millers and srai:i f 5. i i 1. " P
iiealeis to go Klow about commuting 1(1-019.141.
rn Selves until thev see what the The cash tales of grain included
-VU.X6.?. I . ,iU JV,J; 1 only 5000 bushels of wheat, hut no
lcod control bill.
News received during the week from
ariou.-, Pacific Wortliwest points,
where the harvest is in progress, cori
lirni8 in lull the lori-casts made in
'I he Journal thai the wheat crop
would fall hut little snort of normal.
Little trading wuk .shown in the
wheat market at Pacific Noithwest
centers dinner the week. I-'iist sale ot
tiit sea.son was made- at Pendlc-ton dur
ing the week at i to the giower for
Turftcy red. Tl.is established the mar
ket here on a nominal basis at $2.10
lo: hluestem an.l $2.05 lor other va
rieties. Outs and barley markets were firmer
and higher all along the coast during
the wtcit mid a general advance was
mi.de in nullstut t's on account of
Hiortened supplies and a greater de
mand. , ,
Klour market con'inues sluggish
with no pi let change indicated during
lit week.
OATS -No. 1 'eel. $4C.O0 per tun. tidewater
tiuck delivery.
Fl.Oftt selling pi Ice ; Pat nit, $11.4; wil
ls Pie tte vall'-y. lt).70. local Ktriiight. $r0.6Q
ll.oO; buk.iV local. JlO.tOft, 11.00; Moctaua
JpriDg -0'f 12. Hi; enports, $ts.70; whale
win-Hi. 11.U0; grahuru. il-4o; rya flour,
(11 1 " ' per barrel.
RAfti.l'.Y No. I feed. $4.'!.iX per ton.
HA V I'.uyH.g price, new crop. Willamette
tiu'U.v. :m-y. $ls. 0064.20. 00; Kubitn Oregon.
'dili.sti'ii fa'urv tlmuiny. $2.v0o'i0.00; al
falfa. l.Hi, Tuli'-y vcirli. Sli.004jjllJ.0-';
client. $15. 0U; clover. $15. 00.
CHAIN SA' Nominal. No. 1 Calcutta.
134 V lii-fcc In ear lit; lea ..mounts hither.
M 1L.1.STI 1 lS -Selling price: P,ran, (33 SO;
abort, j:'.0..M; i.ilddilng.. $43 SO per ton.
Itoll.Ki' nA'ln I'er ton, M W
UUI.L.i:i BA11LKV 1'er lo.i. 01 .OOQ52.CO.
ultN V Irnle. ',.o, i iu. sea. $7.1. Go per
ton.
.lOBlJlNCi ri !( I S IN PORTLAND
SYSTEM
NADEOUATE
CROP
OUTLOOK
NOW
Pacific Northwest Facilities Are
Below Requirements and Many
of the Markets Are Not Sold
Much Business Could Be Seeured
PESSIMISTIC WITH
VERY HOT WEATHER
O. M. Mortenson, Traveling Repre
sentative S., P. & S. Railway,
Tells of General Conditions in
the Inland Empire.
ATTRIBUTE
SIR
El
NGTH
corn cor oats. Western receipts or
wheat this week were 3.278,000 bush
els, compared with 11,348.000 bushels
a year afro. Corn receipts for the
week. 3,730,000 bushels and of oats
3.895,000 bushels. compared with
5,423.000 busheLs and :,ri99.000 bush
els respectively a year ago.
Clilrago range of prices, furnished by the
I'd 1 ted l'reaa:
WHEAT
Open. Hisli. Low. Cloap.
Jujv $ 2.00 $ 'J.U $ 2.H0 $ 2.0O
Sept. ... 2.2S 2.:t' 2.2S 2.20
COKN
Sept. ... 1.VT l.BTVii 1.03 1.6T.i
le' l.lTs; l.T.i'X. 1.17V 1
May 1.15 1 1X 1.15 l.lSVi
OATS
July 7 .70 .77 H .78 H
Sept. ... m'i .01", .61
Ieo OlVa 02-Si .01 ' .(2Vi
POHK
July 40.70 40.7') 40..-0 40.60
Sept. ... 40.3a 40.02 40. .'Hi 40 60:
I.AKD
July 20.57
Sept. ... 20. G7 2.77 20.00 20 77
Oct 2i.h7 20. S7 20.7 2 20.S5
It I V.S
July 21.00 21.70 21. 6, 21.70
Sept. ... 207 21. S7 2lXi 217
OCi 21.77 21.77 21.72 21.77
Wheat Storage Is
Cause of Concern
Problem Is Big One in Australia
Much Stock Uemains to Bo
Shipped.
Thete prlreg arc !!ice t which wholesale-
to icInilHi s. Hf-ept h otherwise suited:
Dairy Products
ItL'I I lilt Iri-ai-.i-ij, iwtiiK tu parafflne
wrapper, eitras, 4e; pliue flrBt", 40Vic;
lusts, 3Uac; cults, lc lean, vartuua, lc ad-i.i.ii-
III lTKItl AT Portland dellTerj. No. 1
rrifim, 42c.
1 HKJCSlv- Selling price: Fresh Oregon fancy
full creuui tripUta. 2.t24c; Xoung America,
2l..i2Ac. Price to jotibers. flats, 22c; Youur
AnirvlcR. 2tic, f. o. u.; 'Teani brick, 2S(jJ2tic;
l-iiuliiirger. 31432c; block S iaa 34(g35e.
hi. u.-V- Selling price: Luse couut, Joti35V4;
ptr t'en; Iiiij aig price, 34 VjC P-'' diseu; elt
ing price, cainllciJ, 3Jh".
".iSii ruUl.lltV Hens, heavy Plymouth
Hocks 10- per lb.; ordinary ctiickeos. 15c
pea It.; RtiigN 12c lr lb.; broilers, 184f20o
per lb., tui a . WUlc lh- dreaaed, faucy,
iaa0'- pi H'-t culltt. 20fc(24c; aiiuabs, $2.00
fr iloieii; geese, live. 10c; rkia ducks,
joimg. 2Ijc per lb.: Indian Kumier. u.d -tlucka,
U.e per lh,: iilgenu. $1 .2f per doren.
Fresh Fruits and Vegetables
1 UKsll i- uCn oruuges, $u.iu(3.S5 boa;
baitanaa. She pir lb.; leinous, $0.50-8.00;
volitoiiiia urupefruu. $J..J(t43.5o; 1 lorlda,
.ii..'iO(U 1 .cO . l auidiuiipes. Btandard, $3.00(j3.i4i;
tlais, l. 10(u I ..to, w steituetona, 2A2'iC lb.;
i-.iei-.l.b, o'cic ID-: apricois. i..oifti.jo crate;
peaches, k:(U,100, plums, $1 .ouva l.oO.
Itl'.iiKlK.S - siran berues: Lwial. $2.00;
llaclcU-i rien. $1.25' crate; kiganherriea,' $1.00;
guuaelM-i-rtea, . w lei" lb.; currants. $1.2
i.5o crate; ri.ptHn u, 1.0501,1. 75.
Al'1'l.t.a Uicai. .twS.-, according to
iiuullty.
OMONS Wulla Walla. $1 .25 1.35; yellow.
POTATOES Selling price, table stock, local,
$3.25. Buying price, ordinary snipping. $2.75;
sweet potatoes, iUe per lb.
V KijtiT'A HLl-.S - Turuipa, $1.H5 per sack;
carrot", $1 -5 wick; beets $1.! sack; par
Mil. $1 -V sack; cabbage, local, lVtlVic lb.;
greeti onlona, 15c do. bunches; peppers, 12yc
lb.; head lettuce, 55c per dozen; celery, Wtx.
per doaeu; arucbokes, tfoot? 1. 10; cucumbers,
b0c4$' per doien; tomatoes, California,
$1.2t(ftl.fi0; Oregon. $1 . 75(4.00 per box; egg
plant. 12c per lb.; atung beaua, biuic per lb.,
lbuburb, 2'a:-tc per lb.; peas, tic per lb.; cau
lilluwcr. local. t--l per dozeu.
Meata, Fish ana r-iovisions
DllLSShi' Alf.Ala filing price, country
killed beta l. 10c per lb.; ordinary.
" lc per lb.; i"i cals. 15c per ib.; or
(ituaiy ?cal. 14 hc per lb.; bcavy, llity
lie; goal. 4((bc 10.; lambs, HiU17i." per lb.,
mutton, 12'U'oc, beef. We per lb.
BMOKbli Mhi'lS llama, .iJ2ic per lb.;
bruakfasl bacon. attic; plcuica. 22c; - cot
tage roll, atftc; abort clears. 24((i27c. oregou
ciporis. smoked, U'l'sZic per lb.
LaK1 Kettle rendered tierce-, 23c per lb.;
standard 2i"-ac; lard compound, 18c.
OlSTrhtS -Olympla. gallon, $3.50; canned,
ei.strru, ja' per cau. $G.o0 per doaen; eastern.
In ahell, $l.?xi per 1O0; eastern oyaters, per
aallou. solid paca, $i7B.
HSU Oreased flounders, 7c; Chinook sal
mon, loc; percQ. lOc; soles, 6c; flounders.
Oe; salmon trout, 22c p lb.: hulibut, 15c
per lb.; black cod. 8c; herrlug. Oc; razor
ci. iio- k" down; bard sbell. 4c li.; $.75 box.
c,: vlirf Large, $2.50; medium, Ji.ij deseu.
Groceries
Sl t;AR Cube, $a.4o; powdered, $0.15; fruit
01 berry, $.V50; fclouolulu, $6.45; beet, $8.30;
diy grauulated, $S.50; U yellow. $7.85.
lioNti New, 3.00(u,3.25 per case.
KlCii Jspaa style. Ao. 1, 7Vc; New Or
lcaua bead, Wc. blue rose, 8c
SALT Coarse, half ground. 100s. $14.00 per
ton; 5os, $14. so; table dairy. SOa, $18.00; loos.
417.5o, bales. $2.a5; fancy table and dairj,
fc24.oe; luu.p rock. $20.00 per ton.
BEANS - Small white, 17c; large white.
10 Wc; pink, 14c; llmaa. 17 Vie; bayous, lttfcc;
ted. 14c.
Hops, Wool and Hide
UOI'S Nominal; buying price, 1916 crop,
4V(ttoVaC per lb.; contracta, 10c.
VVOOL. Willamette valley coarse Cotawold.
C. (ja b. lb.; medium Sbropsbire, 70fl72c; fine,
tiiiiOic; riastern Oregon, 52ij(Jlc.
llllJtS Salted ftklea. 25 lbs. and np. 20c;
sailed a-.ags, ao lbs. snd up. 15c; green snd
suited kip, 15 It.. 22c; green snd salted calf
skins up to 15 lbs., 32c; grei bides. 23 Iba.
and up, lHc; greeu atsgs. fto lbs. snd up, 13V ;
dry hides, 35c; salt hides, 28c; dry horse
bt.les. l.Oou,2 salt horse hides. $3.o06j
o 00; horse hair, 30c; dry long wool pelts 32
,!5c, dry snm-t wool pelts, 25c; dry sheep
nieariufcs. -acu, iuimh., "jiicu sneep snear
lugs. each, 25ni50c; salted long wool pelta.
e.tcu 1 .jo4 -ov, miicu suori
cub. &Ocfa$1.0O.
TALLOW No. 1. 14c; No. 2.
Ktfi.Nc ir lh.
cHimil OR CASCARA BARK Buying
price, per car lots, 6(87 per lb.
. MOHAIR 1917. 6O01c.
Rope, Faints, Oila
ROPE Sisal, dark. 22c; white. 22He per
lb.; standard Manila. 30c.
LINSJSEO Oil. Kaw, bbls.. $1.32 per gallon;
krtlie iKilled. bb.. $1.34; raw. cases, $L8;
tolled, cases. $1.41 per gallon; lots or 250
go lions.
CtlAL OILi Water white. In drama and Iron
tenrrrls, !Oc per gallon.
WHITE LEAK Tow lota. 14c. per lb.; BOu
lbs. 1 4 VjC tr lb.
TURPENTINE Tanks, 62c; cases. 69c; 10
Cke.e lots, lc less.
t; A SOLI N E Basis price. Hc per gallon:
distillate. lOftc per gallon.
The prime minister of Australia
stated on May 2o, that one of the most
irupiortant matters discussed that dav
by the premiers conference, held in
Several inquiries have recently been
receive in regard to the prospects of
New York city as an outlet for the sur
plus apple crop o(. Tasmania White
the iiKjuirer3 appreciate the fact that
it is practically impossible to open any
business at present, they are desirous
of sotting into touch with responsible
Importers jo as to familiarize them
selves with the general trend of th
market. It is expected that large areas
of younc orchanls will be bearing fruit
in the next4 two or three years and it
will oc neceosaty to have new markets
to absorb a part of the surplus stock;
Anpies ar; unipped uur.ng p'eoruary.
March and April and should arrive
from six to eight weeks later. Hereto
fore practically all shipments have
been made to British ports, where it is
not uncommon for choice fruit to bring
$3.50 or more per imperial bushel, al
tnoujrh shippers are generally satisfied
if prices In London range from $2 to
$2.b0 per imperial bushel.
Tasmanian apples are of good flavor
and shipments to London Visually ar
rive in good condition. They are graded
and wrapped, although grading is not
so thorough as that of orchardists on
the Pacific coast of the United States.
The usual shipping varieties are Crabs,
Sturrners. Pearmains and Jonathans.
The publication of an article in these
columns last week, written by E. H. j
bnepara. editor of "Uetter ruit or
Hood River, has created much interest
in the distribution problem.
Exceptions to the article are taken
by several celling representatives but
th general concensus of opinion seems
to be that the present methods of mar
keting the Pacific northwest crop are
inadequate and a new system must be
secured in order to secure proper dis
tribution. Apple shipping agencies of the Pa
cific Northwest are not taking full ad
vantage of the markets of the United
States in this crisis. That much is in
(iicjited by the article written by Editor
Shepard, a fa greater percentage of
cities anrl towns of the United States
not purchasing apples in carload lots,
lot s.
Th public likes the taste of apples
generally and new markets must be
developed by the shipping agencies,
though they must dig down into their
own pockets to sell them below the
actual market. The Pacific Northwest
apple should be featured all over the
country in every city that has a fruit
t .a, m, m. s , m 1
saAssisislsHsaVsaW "
TO OVERSOLD MARE
FOR ALL SECURITIES
General Advance Is Forced in New
York Trade in Closing Day of
the Week Shorts Covering and
Values Are Thereby Lifted.
FINANCE, TIMBER,
INDUSTRY REVIEWED .
IOWA CALLS
SUPPLY OF
HOGS; STOCK SMALL f
1
OREGON
j V. . Is Ziarg-sst Producer of Silver.
I The recent changes in the world's de
j mand for silver and consequent ad-
vance in prices are of special interest
to the United States, which is now the
w-orld's largest producer of silver.
Prior to 1914 our neighbor, Mexico,
prod, -"ed more silver than did the
nited States, but at present our pro-
duction of the white metal is double
that of Mexico, and much greater than
Buyer From East Comes, but Is that of any other country. A compila-
ki a e n 1 a tlon by the National Citv bank of
Inable to Secure Requirement-. N.w Ywrk .hows that 1ne pilvpr pro.
Willamette Valley Swine Com- duction of th United states is now
aouoie that or -Mexico ana tnree times
mantis Extreme Top of Market.
New ' York. July 28. (U. P.) The
New York Evening Sun's financial re
view today said:
The strenKih displayed by a number
of stocks at the outset of the trading
this morning was merely an additional
demonstration of the oversold condi
tion of the securities market. The
first half hour's business was auite
active and gains of from a large frac
tion to a point or more were regis
tered. Equipment stocks and some of
the metal ehares were the most promi
nent for their upturn.
Wall street had nothing new to con
sider in the way of factors bearing on
the market as a whole and interest in
the dealings Tsras extremely light.
Early advances were extended in the
last hour. Buying of Bethlehem Steel,
United States Steel, Baldwin Locomo
tive, Crucible Steel and similar Issues
lifted prices at times from one to
three points from yesterday's final
range. Motor stocks shared in the re
covery. Coppers made fractional im
provement, while rails were dull and
steady.
Range of New York prices furniched by Over
beck Cooke Co.. 216-217 Board of Trade
building:
liy Flyman II. Cohen.
IMRTLAND LIVESTOCK BIN
Hogs. Cattle. Calves. Sheep.
145i I ill 224.1
This week
Last week
l'n vious week ...
Month ago
Year so
Two weeks ago...
TLree weeks sgo.
Four weeks ago. .
23 75
lust;
:""4"
:;;:w
;u aV4
2:o
21.
1404
20;l
tisfl
l(i
IS.S7
3A3
2
us
131
1H
io
3i0
1403
:ti :
."".Ml
2:t7i
1 172
5712
411
that of Canada, which holds third rank
among the silver producing countries
of the world Of the 172.383.000 ounces
of silver produced in the world in 191"
the United States produced 72. 833.0.10
i.unce-; or 4 2 per cent of the world's
tTi" al, while 20 years apo. in 186. we
produced but 37 per cent of the worid
production, which in that year ws
ir7.0til .000 ounces. In that 20-year
period, 1S96 to 1916, the production
of the United States has increased
Th hog market situation If some- 8DOUt ii.uuu.uuu ounces wnue mat o
what topsy turvey these days and other parts of the world has increase 1
the sections noted for the biggest but about 1.000.000 ounces. The world's
supplies and the bost quality lit the chief producers of silver are the Unl-
countrv are today oa-lling upon other ,e, states Mexico. Canada. Peru.
lil 11UIIB Ul II1C LVUUll Jf IV 1-11 II1C1I
DKSCUIP'I ION
Oneii I!Il"I U t'los
Alaska Uold 6 ( 5 j 5 6
Allis Chalmers, c I 2U1 SUI 2VKI 24
American Beet Sugar..! 92V b2,, 02'41 H2a
American Can. c 4S, 48Vsl 4s", 4S
American Car Fdy.. c.. 76 j 70! i5)4j T.i
American Cotton Oil. c ! I I 37
American La-comottve, ci 72'i', 73 S' 721 721,
American ISmelter. c ... ,10:1 "v ,1031 lo3V 103
American Sugar, c ;121 12H 121 ,120
American Tel. at Tv-1...
American Woolen, c...
Anaconda Mining Co....
Atchison, c
Baldwin Locouiotlve. c
Baltimore A Ohio. c...
Bethlehem Steel, c
11& lls-'il 14,1 181
53'j, 53V,i 53i, 5.11..
77 j 77si 70T-SI 77
ltaJViOOl lO010OV
73j 75 I 73i 73-,
70VI 7oVal 70i-jl tS'.,
I I :i2S
k' Llit7 JlClllitl J VWliiTX.llV, SI It , , 5, , " . . . . .
1-Melbourne. was the erect:on of stor- "a R"u snouia De servea Dy noteis
11 e p iLi-fnm ninrln t inns fr,r hn nil 1 i n 1 I ' j wiif is
wheat. He stated that at the end 01' 1
January, 1918, there would probably I
be about 6,000,00j tons of wheat in
Australia over and above the amount
required for local consumption, this
amount Including what remains from
the 1916-17 wheat.
The premier's conference appointed
a wheat storage commission, compris
ing one minister and one ejepert repre
senting the commonwealth and one
minister and one expert from each of
the four wheatgrowing states, to for
mulate a scheme for the erection of
silos suited to the present and future
requirements of the commonwealth.
The problem of storing Australia's
wheat is being constantly discussed,
both, officially and unofficially. Tho
British government has bought 112,
000,000 bushels of Australian wheat of
the 191&-16 and 1916-17 crops for 4
shillings and 9 pence per bushel f. o.
b. Australian port. One of the condi
tions of the sale is that if the whole
of the wheat is not delivered by De
cember 31, 1917. the British wheat
commission will pay the additional
charges for storing it in Australia
after that date. As the greater pail
of the wheat has not been shipped, and
as the next harvest will begin to come
in by the end of the year, it is appar
ent that the storage situation is acu.e.
In Australia todav are approximate
ly 40,000,000 bushels of wheat of the
1935-16 crop and 136.00J.000 bushels of
the 1916-17 crop.
Walla Walla Wheat
Turning Out Better
Markets in Europe are vainly seek
ing Pacific northwest apples.
Writing on the general fruit trade,
J. S. Armstrong, United States conaul
at Bristol. England, says:
The quantity of drled fruit imported
into this country during the past year
has been considerably less than nor
mal, owing largely to the curtailment
of the supply from Greece. The de
mand has been far in excess of the
supplv, and as a result the price of
imported fruit has been very high.
Green fruits have been receive"!
from Spain, and the supply was plenti
ful until the latter part of last Feb
ruary, when the government restric
tions on the import of fruit became
effective. Since that time the supply
of Valencia oranges has. been scarce,
and for the past few months Imports
of fruit from Spain have been very
small.
The shortage of supply, together
with the abnormal increase in the
freight rate, which has risen from 48
cents to about $3.65 per case, has put
the consumption of green fruit we'.l
within the class of luxuries.
A few small shipments of appl ?s
have recently come into Avonmouth
Part of the shipments were Oregon
apples, .which commanded $5.10 per
case of 40 pounds.
Government Control
Of Wool Supplies
Bethlehem Steel. fB" . il27 . 1128 i , 126 V , 12
Brooklyn Rapid Transit! 50V.il 58-,; 50Val M
Walla Walla. Wash.
Julv 28.
Walls
By O. M. Mortensen
Traveling Freight and PasssM-.ger Representative
of the North Bank Road
Regarding the crop outlook and gener
al business conditions in territory under
my Jurisdiction, the prevailing drouth
has done considerable damage in the
grain territories and the grain dealct-
and farmers are pessimistic as to tho
final outcome. Some localities hav;
suffered more than others and again
a normal crop is predicted in oth,:r
territories. It is estimated that il
per cent of the total acreage in the
Walla Walla, Dayton and Pendleton
territories is spring sown gran,
which, of course, includes the reseeded
fall erain areas. The season being ap
proximately 30 days late for the s;rin
sown grain which has advanced to an
acute stage since the hot weather
came on, the major portion of the
wheat acreage has been more or less
affected by the present hot wave. T1.ie
heavier soil lands seem to have with
stood the drouth better than tht
lighter soil lands. For instance, south
and west of Pendleton, near Echo an 1
Pilot Rock, considerable damage ha
been done, while to the north and east
of Pendleton in the vicinity of Helix
and Athena, the damage w-ill be slight.
The Umatilla reservation, which s
nlHo in the heavier soil region, is .n
good shape and it is tfougtit tnat a
normal crop will be harvested there.
At Dayton and Waitsburg, condi
tions are not so good. It is etimate-l
that this territory wih see a 20 or 30
per eent decrease. The average yieid
at nrtsent is estimated at 20 to 4"
bushe'ls per acre. North of the Snake
river the damage will be more. The
grain fields in the immediate vicinity
of Walla Walla are looking fine at the
present time and with a rain or cooler
weather, should see a normal crop. In
the Eureka flat country, which is of
the light soil variety, conditions aro
good, the grain crop bearing up better
than expected and with favorable
weather, very little or no shortage will
me noticed here.
Barley Acreage etler
The barley acreage in Columbia
Butte i Suierior
Canadian Pacific ....
Central Leather, c...
Chesapeake & Ohio. .
Chi.. Mil. St. Paul
Chicago & N. W., c.
Cbluo Copper
Colorsdo Fuel & Iron, ej 54
Consolidated Us . . .
Corn Products, c. . .
Crucible Steel, c.
Deuver 4 Rio Grande
lUstlllers
Erie, c
General Electric . . . .
Oi.iodrlcb Hubbcr
it. Northern Ore Lands 33 i 33
Greene lan 1 42 42
Hide & Leather, c , laV, 1314
Ice Securities 1 14 1 14
Illinois Central . : j
Induatrial Alcohol . . . . , 165 It Vi
I I I 334.
jin 1 101 1 i6i iiooi,
i 8-7 fi, SS t7 iW
1 ao'i ov oo; ho
, 00 Mi 1 70i ou 1 on
1 : 1 iioo
1 55 1 55 1 55 543,
ao'sl no I "'
1 1 ;u"
35Hl 35 I 34 V 344
S2HI S-'"V; 81 '-j 1 81 Va
....i 1 1 7
21.S: 2J.H. l
24S,i 24-S, 2441 244
154V
,ra.. . o
depleted holdings.
The situation is no other th.m Iowa
calling upon the Pacific Northwest
for hogs. This is noinethlng really
strange to think about because it has
been only a few years ago at the most
since Pacific Northwest packers were
compelled to import a goodly portion
of their actual requirements fnim the
same section that now wants to pur
chase here.
A buyer from Iowa was recently in
the city and paid a visit to the Port
land stockyards In an effort to r;a,ke
arrangements lor it big movement of
swine into his country. He had made
liberal purchases in Idaho and Mon
tana but was unable to secure any
where near his requirements or needs
th -refore he en me right to headquar
ters at Noith Portland.
Country'" Holdlags Depleted
These purchases of swine by Iowa
interests indicate the real depleted
Japan. Australia and Chile. In the
order named. In the distribution of
our surplus silver a very large pro
portion goe to Europe, the remalndet
chiefly to the orient. In the fiscal
year 1916, the latest for which com
plete figures are now available, we
exported $53,172,000 worth of silver,
of which $41,032,000 went to England
$S. 240. 000 to China and Hongkong an.l
$1.3S5.O0O lo South "America.
Steel Prices Beach Crest. After a
prolonged period of continuous and
extensive advances, halting tendencies
appear in steel and iron prices, says
Dun's Review. In place of the recent
general upward movcm- nt, only one
grade of pig iron went higher laft
week, and in finished lines, tank
plates alone are dearer. Moreover, list
luotations of old material, without ex-
script 10ns of coke and most of the
Inspiration
Interboro, c
Kennecott Copper ....
Kan. City Southern, c.
Keily Springfield
Lackawanna Steel ....
Lehigh Valley
l.oulavlll
Maxwell Motors, c. . .
Meiiciiu Petroleum ..
Miami Copper
Mldvale Steel
Mo., Kan t Texas.
Missouri Pacific
National Lead
Nevada Consolidated
New Haven
New York Air Brake
50'l 50
33 33 q
42 42
1314 13i
14 13
102
105 V, 1 107 U
55 I 56 a31 55H,
0V5! B
43 431,4! 43 42
21 14
4Wj 401 40V, 40
91 W I 02 HIV, I ail
v auey o j 1 -1
e & Nashville. 124 124 112.1 14! 123
, 33 Vi 34 831
I IXJI 96 V 96'i
1 40 41 I 4oyt 40-T4
5i, 5S. oSW 5S
I
I 31l 32 j aiVii 314
i 1 I !5's
I 22-.
,36 I :t0 i 36 ! We:
132 ,132 13H4 131
New York Central
N. V.. Ont. & Western,
7
. . . Z.H
Jacob F. Brown Appointed to Han
dle Supplies for Navy .Mann.
iaciurers ituying Uirect. 1 COUntv and a portion of Walia Wulia
I is increased slightly over last year
Norfolk & Western, c.
Northern Pacimlc
Pennsylvania Ky
Peoples Gas
PI tu-burg Coal, ctf ...
l'rested Steel Car, c.
ltuy Cons, tlopper ....
Railway Steel Springs
Rending, c
Hep. Iron A Steel, c. .
Kck Island
Scars, Roebuck lc Co...
SbRttuck
Studebaker, c
SloBa Sheffield
Southern Pacific
Southern Railways c. . .
Tennessee Copper
Texas OH
Texas Pacific
Third Avenue
I niou Pacific, c
Union Pacific, pfd ...
I Ulted States Rubber, c
I nited States Steel, c
121 J j 121 1121 V120
. i 2tt
. I 6314. 33V 3V4i J3'4
., 76', 7o'ni 7UV,i "tt"".
. : 55 I 36 "4 1 63 I 34 4,
., 72 724,, 724: 72-,
.j 2Y ) 27 . 27 27 -.,
. i 52
044. Wl 044' e44
.1 til-v, 91 41 01 i l4
34 4. 3ra: irtV :4s
1 1 i'H7-
I , I ' '14
33: 54 4 ; 53 a I 54
I 52 . 53 I 514, -'2
I VM I 04 , f-tS
- 204 274, 2S-4, 20",
i 17-S; 17, 174, 174
18ll4 lS.lSSVa.l-a
I 17 I 17 I 17 1 14
I ! 4
136 1136 11354,14
I 7H4
01 1 f.l 4 61 , ol 4
12-14 12.14. '.2:1 12.1
holdings of swine all over the coun- eption, have yielded, and further re
try'.. High priced grain for feed' is - cessions are also seen In certain d;
Having a ileaden:n$r eriect rprn trie
swine market in general although the
ri-i,-,. r f l.,,k'4j liin iirfl Ir-il' 1. U-enr n:un
with the upward swing in cereal quo- to this Journal states that in some
tations. leases premiums are still readily ob-
Since tho American packing Indus- tuinable, but the trade finds It easier
try became established. Iowa has been to believe that the crest of the markets
known as tne luace where the best , , b reached. Meanwhile, the
hogs and the most liberal supplies ... , .. ,
could be obtained. The last season or price uncertainties have caused more
so has shown .such a remarkable lm- 1 general and pronounced hesitancy and
provement in tho quality of Pacific , waiting, and new business, except in
Northwest hogs that within a few , connection with the Government's re-
years the eastern trade will bo com-
qutrements. is largely
suspended.
of "the local" konutputdfie SUPerirtty : Some work has been stopped by the
Most remarkable improvement of all .extreme costs of material and lack cf
help, and the possibilities of a further
Oregon Wool Will
Be Used by Navy to
Clothe the Sailors
has been made in the quality of Wtl
lamette valley swine. A few years ago
the quality was all but desirable.
Feeding operations were in the worst
possible tdiape and this was generally
reflected when th-e hogs were dressed.
Today th Willamette valley hog
takes Its place at the extreme top of
quality and the market price qulcklv
reflected when the hogs were dressed
More Willamette valley hogs have re
cently been sold at top prices than
ha boen th cnje with Fosters Ore
gon or Idaho stock. Unusually Fine Quality of Fleeces
corn reading" Za Factor Tt,i. &. i Maria the
There are several reasons for this', - '
vast improvement in the quality of ; Stunrtard.
Willamette valley hogs durirvg recent j
yearn a. change whicn has forced the . Very little activity was shown in
price 01 its offerings frum the ex- the wool trade at Pacific northwest
treme bottom price to the extreme top. points during the week. There was a
This was accomplished only by sheer general lack of offering by sheepmen
merit. "The feeding of corn by Wtl- and buyers showed practically no in
lametto valley feeders gave the Indus- cllnatlon to force purchases during the
try this improvement. Then again period.
the valley is producing thoroughbred 1 This is taken to mean that the big
hogs instead of the scrubby kind of eastern mills have plenty of wool fo:
previous years. Packers today pre- .heir immediate needs and they are dc-
ler the average run from the valley termined to play a waiting game if
to those secured from other sections. tne ilope of tiring out western holders
There is less shrinkage in these Htocks of wool held in Portland
animaib than thoe fed with wheat ware never so heavy as at this time,
and shrinkage Is the very Important ; Dut pmcttcally all the fleece In stored
tern in the m ;u packing industry. I ali(j wm tie sold on commission, but
Market Depoads oa Offerings I only when prices are agreeable lo
Market for hogs showed strength 1 shippers,
with a liberal advance earlv in the ! A recent mail advice from Washing
week's trading at North Portland. 1 ton says that bids for the largest order
Light offerings at the start of the 1 of woolen uniforms ever asked for D
week's trading gave the lor-al sltua- this government or any other at a sin
:;on a strong tone at that time, gle time are prepared. The proposals
While there has been a slight reaction ' call for .',i.00.0o0 yards woolen uniform
..Ince then, still the general situation ' cloth, of wch l,000.0t yards is
i. . 1 ii.. . a., j 1 . i,..,,.c- ll-minc flnnne . 1.000.000 1-
ueen injiiy BLeany uuiiui; yine- i...j , ".u 'li k An ,;.,il. of
ounce irouBer cium u j-?
depletion of the labor supply ara not .-
disregarded.
Canadian rinandai Coalitions. Par-
ings deposits in the chartered oanka of .
Canada at the end of May amounted
to $S92.562,617. an unprecedented tOtl
in Canada, and $127,000,000 greater
than at the corresponding date a Tr.
ago, says the current letter of th . .
Canadian Bank of Commerce. Current v
loans, on the other hand, partly on
account of the liquidation of grain ' .
loans, declined to $SS4. 890,589, a d-- :
crease of $36,000,000. while there wai
also a slight contraction in call loana
in Canada. The final installment of -the
last dominion gavernment loan
fell due on June 15. The amount of -the
loan was $150,000,000, the Internal
loans issued to date thus amounting -to
$350,000,000. of which at least $150,
000,000 has been lent to the imperial "
munitions board of Canada. Credits - "
amounting to $150,000,000 have also
been granted to that body by thV
banks During; June the banks agreed -to
make the dominion government a
temporary loan of . over $70,000,000
against three and four months tre,7'
ury bills, of which $25,000,000 was
paid In June and the remainder-lM ,
payable in July and "August. i.
Blodgett Bays More Timber. The '
larKe:-t timber deal of recent year In
Lincoln 1 ounty was recently . consuls
mated when the Coos Bay Lumber
company holdings on Alsea Bay war -
sold to John W. p,!odgett of Grand" -
P..ipiJs. Mich The deed covered 12.IIJ
acres of some of the best timber In
the county. It Is located east and -"
south of Alsea bay, on the Y achats
and Alsea rivers and Drift creek. Th ,
consideration named was $1, but tn'
assessed valuation of this tract It -
1916 was $226,600. or a little over fllV
per acre. Attorney Mark Norrls of.
Grand Rapids, Mich., represented Mr. '
Blodgett in the deal and examined ths
records. After the sale Norrls went ;:
to California to complete another pur
chase of timber for the Blodgett in--
terests. No information was avail
able as to whether or not there Is to
be immediate development of this tlm v
ber. .which Is said to be mature and:
ready for logging. - -
Coos Bay Kill Enlarging". Tha '
FUiehner Lumber company at Nortn
Bend, due to the advent of the rall "
road In the Cos- bay district, Will
shortly begin construction of a Iarg
modern planing mill in order to get -in
on some of the eastern business.
The mill will be as complete as it is
possible to build it and the finished ;
lumber will be loaded Into cam from
the company's yards and sent direct
into the middle west markets. Two
standardized dry kilns are included In
the plans. The contract has been Jet
and construction will start August I. -
Walla s 1017 wheat harvest will be Marled . . July 28 The feature ' The barley fields are looking fine and
under a full head of steam bright and early I $eek in the wool niarket hZl i shortage is anticipated. The terr.-
Monday morning, barring wet weather, im ulti ween in me wool niaraei nas tnhiirarv to our line 'between
indication, the past week have been that the government control of supplies JsV andokane ha. wUhstood
SWs LIUV1I1 ltju I, j : . . -
ror navy cloths. 1 ln so?id s
will not handle! tnat wo.wlU se.e
I lab t opper , 1 OJ 1 04 , i Uu ft . 1 j. .
Virginia Chemical. c...j , j 1 40
V. L". Teiegratih , I 1 t'
Weatinghouse Electric; 484; 4V 48 44
Willys overland 304, 31 ; 04, .1.4
vioM vrlll itnnh, I malar thin r.r.l i ,-1 n,l JJIOO r. XilOll
by farmers for the past several weeks. That I handle wool suitable
the wheat will be off-grade In many sections r e 11 ""-naio tn warehouses in that district 3S theto
as a result of the ptnchmg hot winds, is aJ. 1 nearly so much of this domestic Rehouses " L nrospects for a
mined, but estimates for production have clip as usual. U is estimated that as w l"
been going up .ince last w-ek when a few ! ""''!' as SO per cent of the clip this bumper croo along the main 1 ine o
early harvesters began tuning 1" crop re-i e;tr will go direct to tne manulac- i the e lf'c there should be
,t,r,. turers, who were not only unusually ac- 1 n bpokane are gone inert
From The Sims-Dice 1000 acre ranch on thJ tjve ni the primary markets tins year.', fully much wheat har e s ted h, ,
t mnninir from 2o to 25 bushels to the acre. ! ler ot the contracts made by the deal
W ooiworth
125
Total sale for the day were 215,300 shares.
BANK STATEMENT OF COAST
also be said ot the Big Uend territo
Clesrljgs
, Mondsy
, Tuesday .. .
! Wednesday
Tuursdsy . .
1 .. 1 . n . . - , v. . . rt r, ,1 .nl 1 la ('run 111 LIIIT Ill'l 11C11-1, -, . . . . rnua.
rZ:ZwZ;t"lZ mheVVih I "Much or the territory wool now coiu- I try have been burned severely and n; Saturday
Irr5?, l?;.!:"ib,!iT 'rwd w jl VlvS Joubt . constable shorty w.Ue
yet nveT frT a'ny ofnTe tnZkU I tLV" Clearing.
larvVslef " " n ' " ordinal bags? it ll edenthat buyers terrifory wSl amount to approximately Bul.nce.
Tnls year will as. more combine, and trac- ! needs are fairly urgent These wools 20 .or -It per cent of "ndTr wayn cl''rt"
tors in the harvet here than ever before, i are tetching anywhere from bO to " Harvesting is already un(ler WY n , Balance,
,,.,, havin.- nur ln these mar-nines cents in the grease with clean costs some of the localities in trie vvatta
many farmers naring pur in tnese macnines . . p. t. D.n.n. WnHa mimirv 1 , 1
Portland Banks
lhis wek.
...t 2ll73.Sl57.rJ5
... 2.25o. 12.8
... 2.610.031.3'
... 2.500.3S4.SW
... 1.370 VS1 t2
... 1.0i4.04 It
Tear sgo.
( 1.8-17.110.65
1.423.iaj H4
tically the entire week.
Hog market prices during the com
ing week will reflect almost entirely
the volume of offerine. Killers are
inclined to feel that they are paying
too much for hogs and a big run on
Monday would likely force a reaction,
although the demand from outside
killers will also be a factor.
General hog range:
Prime light $15401
Pigs
Prime heavy
Cattle Market in Dumps
It was a market that was unfavor
able all around In the cattle division
of the North Portland tr:d for the
week. Total orierings miring tne six
The cloth Is
Dairy Products in
Firm Position With '
Exception of One
Cheese Only Line to Show Decline -in
Prices Both Itutter and
Eggs Are Higher. T.
The entire dairy products market
was a very firm affair during the last
week with the exception of cheese,
which showed a loss of lc a pound
for all offerings.
Butter market was firm and ad
vanced lc a pound during the week on -account
of the shortened supply, due
10 the generally dried up condition Of
tiie range. While the decrease In the :
output of butter was less marked than -:iaif
been generally anticipated, still
offerings were below current reunite-
rnents and cold storage stocks are be- .
winning to move out ln earnest.
Cheese market decline was due to
the lack of buying power In the Cali
fornia trade whi"n had heretofore ab
sorbed most of the offerings from tho
Tillamook section.
Eggs ruled firmer with sharp prica
advances hut at the closing or tho
week the market Indicated less faors
able movement although prices held in
tact generally.
. . .$14.0.-S4.70
Taconia Banks
Seattle Banks
1.?.!. 271.36
1.34M..03.4.I
2S3.9OO.0')
6J,312 0i
'.G-ounce overcoat cloth.
to be used by the navy.
Announcing the proposals. Rear Ad.
mlral Mrtjowan, chief of the bureau
of supplies and accounts said:
"In order to insure an adequate sup
ply and to stabilize prices, the navy
has secured raw wool, which It will
furnish to contractors under certain
riri,-iinr, nmi which will be mann-
l3.25-'tl4.'oo fa'ctured by them Into the required
1.V25315 40 cloth. This stock of wool is of unu
sual: v fine grnrte, raisea largely m
Texas and Oregon, while part of It has
been '.11. ported from Montevideo.
Samples of the wools may be seen
upon applicntion to the bureau of sup
plies aid accounts, navy department,
which will inform applicants regard
ing the r,r''e unfl grades on the wool.
Ti.Mr win base their quotations on
e at which they can ooiain tne
owing to the threatened scarcity of help
whicn. If Indication, are correct, will not come
to pa. Walla Walla la filled with a good
class ot men and all seem willing to work.
So far there has been little or no labor trou
ble her and little 1. expected, notwithstand
ing thla fact, however, ample preparations
hsve been made to cope with a serious labor
situation should one arise.
The barley harvest has been under wsy for
several days ln that section Immediately sur
rounding Dayton, Wash., and reports are that
tha yield la proving well up to normal and
that the grain la of good quality.
for the week were: Domestic. 11.294.-i While the continued hot spell has
714 pounus; rore-gn, 3,Jou,ibu pounds.
AMERICA IJVESTOCK PRICES
COTTON MARKET STRONGER
AND HIGHER FOR DAY
wool
12c;
pelta.
grease.
New York. July 28. (I. N. 8.) The cotton
market today opened steady with prices 1 to
11 points higher and later made alight fur
ther gains on fairly good buying in which
Liverpool, wire bouses and spot interests were
conspicuous.
The crop news was generally favorable, it
being clear over the entire belt with tha ex
ception of rains on the South Atlantic coast
while the forecast Indicated continued fair
weather over the eastern belt.
At tne end ot the first 10 minutes price
were 4 to 10 points net higher, with Oc
tober leading the firmness.
Realising sales became larger lata ln the
morning and prices lost practically all of
the eaily advance. The clove waa steady at
a net advance of 9 points to a decline of i
points.
Range of New York cotton prices as fur
nished by Overbeck 4V Cooke Co. ,16-217 Board
of Trade Dulitling:
BJfc Indian Wheat Crop
According to the third general mem
orandum on the 1016-17 wheat crop of
India, there are 33,040.000 acres in
wheat, as compared with 30,143,000
acres at this time last year, or an in
crease of about 10 per cent. The total
vlcld is estimated at 10,160.000 tons
for this year as against 8.518,000 tons
reported at this time for last year,
a gain of practically 10 per cent. These
iigures are based on the final reports
on the wheat crop received from local
authorities and relate to 98.5 per cent
of the total wheat area in India. It
Is noted that the figures covering both
)area and yield are tha highest on
record.
Mouth-
Jauuary .
March ...
May
October .
December
Open.
. 2335
. 23SS
. 23S5
. 23SO
. 2365 .
ntgh.
2163
2376
23S5
23S
2374
Low.
234,
2362
2375
2375
2357
Close.
2350
2.'lj
2379
23S1
2363
Cannery Is Operated
Cottare Grove. Or.. July 28. The cannery
here is being orierated every other day to take
care or the looangerry crop ana tne early
lieans. The cherry pack has been practically
completed. Owing to the dry weather- the
cropa age light and It Is estimated that the
season's pack will probably not exceed $10.-
OOO.
Money and Exchange
New York, Julr 28. (I. N. 8.) Sterling ex
change was quiet with business in banker'
Mils at $4.73.55 for demand; $4,724 tor 60
ust ouis. ami x-i.tuvt tor vo amy cilia.
Bar silver. New York. 784c;' London, 88d,
.$ 2.7B,746.0)
203. 8.. 00
San Francisco Backs
$12.110.40 00
Los Angslea Banks
$ S.888. 188 00
Hfivi nrirwl v.'era fur les tbiin ilurinif
V5.'"' I1.0 !':t I the dame period last week.
i.tt.ni 1. til . l-h;"- or.mA r-.jthoi Pftnil nun ilv Cfit.
te. .an. a t'Arit-jrH tu tVe viin'ii rliirinir
, lh nrlr
tlve week, most or tne amtau sen 'L"' " " -0.. v, if it la to
0.4S2.273,",2 1 .a. h,r poor an.l t his hi. W down- , '"V, .ntVrVst To use 'their own wools
ward pr.ee movement in 1110 em-ie - - . ,..,ii .,1 h-e- uch
market Killers already have too much or purchase PP lies e sewhere, such
........ , ,t. j-.n l,ir ihe.t leiinwi- oewii i i
rnents
Chicago Hogs $13.30
Chicago. July 2S. U. N. S.) Flogs Re
ceipts, 4O00; 25c higher. Mixed and butchers',
$14.!HNftl5.25; good heavy, 15.5o 16.30,
rough heavv, JI4.75ai5.25; light. tl4.70(i
10.00; pigs. $11.3015. 00; bulk. $14.754lTC.lo.
Cattle Receipts. 7000: steady. Reeves.
$8.23614.15; cows and heifers. f5 ."-nutT 1.73:
toe k era and feeders. $G.40ffi9.65; Texsss. ?9
if 11.75; cslves. $11S13.50.
Sheep Receipts, 7000. Stesdy. Native and
western. 5.2ofg9.25; lambs. $1 l.Ou 15.25.
Omaha Hogs ,-5.75
Omaha. Neb., July 28. Cattle Receipts,
none.
Hogs Receipts. 8200. ic higher: mixed.
$14 66(315.75; good and choice heavy. $14,700
15.30; rough heavy x14.23.4f 14.63; light. 14.t0
ytl.V0; pigs, $12.0014.50; bulk. $14.0041
14 90.
Sheep None.
Kansas City Hogs $15.80.
Kansas City. Mo.. Jmy 2S. Cattle Re
ceipts. 3000. No trsde.
Hogs Receipts, 51a), 13c to 2oC higher con
sidering the plain quality. All sold around
$16.38 S15 90.
Sheep Receipt., oou. o trade.
Denver Hega $15.26
Denver. July 28. (L. P. 1 Cattle, receipts
700, steady. Staera, $S.0012.40: cows snd
heifers. $7.00(39.00; stackers snd feeders. $9.00
38.73; cslves. 1 1.00(14 12. BO.
Hogs, receipts 2O0. steady. Top. $15.25:
bulk. $ 13. 20f 15.25.
Sheep receipts none. No market.
POTATOES ALONG THE COAST
Seattle Market.
. Seattle, July 28. (U. P.) Onions Wax,
case, $1.75; California red, sack. ST.25.
Potatoes Locals, new. SOO; California. $65.
Baa Francisco Market
Ran Francisco. July 28. Onions New red,
80g86c per sack en the wharf; do yellow. DO
fe9oc per cental.
New tota toe Delta. $2.15S2.35 per cental.
Los Aagsrtss Market
Los Angeles, July 2s. (1. N. S.I Potatoes
New, $3.00, $1.23 lug; sweets, 6tfJ7e pound.
mused arrave concern to the grainmeu. mearlnn
- : , . . . , , , . :
it ncLS UCeil A UUI'll KU cue ii un iiivuw-
try. The orchards in tne waiia ana
Hltri'-t nd th Yakima valley never
looked better and the prospects for a Elgin, 111., Jnly 28. 1 1. N. 3. 1 Butter wss
good substantial fruit crop of g05d ; qnoted at 38 cents a pound today, the aamv
mlllv wnr never brlshter. Th s J 'l 'ast weea. ine r.iijin ouner market
also true in regard to the corn, sugar
Elgin Butter Market
There were no bids, offering, or sslcs.
New York Sugar and Coffee
New York. July 28 (tT. P. ) Coffee Spot.
No. 7 Rio. 94c; No". 4 Samoa. H4c.
beet and 1ean acreage ln the Yakima,
valley, all of which is under irrigation
and not affected by drouth. All the
nvernment irrieat:Oi: reservoirs are
filed with water and no concern is felt
as to the water supply. j
The second cutting of alfalfa in the ctlnfr an evaporator at this point.
vla- f n v.- 1 I gii. anrl at VT! r i fr on tri'. . - i . . .
..niggs4Ea " w " - -. . - . nut 01 smaller canacur.
Th- rnntrnl of this STOCK Of rW
t V . V. - .01. t-v rr a T-l f la rlf It fl 11 RIIb'
... . . ' laV rifll II V I M t'MCI Hill' III, in vaaaM.M.
,'!-""aJ ?" m""1 ....'.flv.ni.ge. In that It will eliminate
o.od beef steer. 7 .'60 a N.0. competition for taw stork amona con
Kest beef cows .6)'d 6.7J
lrrllnrr encvl ran 3.3U S OU
lies' belft-rs fl.75M 7.30
Bulls 5.005 630
Calve. .... 7.004I U 75
Mutton Market weaker
tractors IT contractors were lorcea
to go Into the market and buy raw
stock In sufficient quantity to take
care of thesp large orders It would
probablv bring about a very substan
tial advance 111 tne price 01 me wwie
It is said
ral increase over calling for proposals on louui ne,-r.n
tys and there was covered by varying or alternate speci- , ',1,' 3
indicated In the flcations, aUhough the essential quail- '" tne trao
ties of the material will be substan- Muring the
S. P. & S. is under way, the hay Is or . tnat Denver parties are negotiating for' Western lambs $12.00(312.50 dve supplies. The navy chert
a verv good quality and the markat ; a slte on wf,lch they will erect a I Vs. ley lamb lO Wn Mi operating with the dye manu
conditions are considered better than starcn factory, this to be located at ' Yearling wethera s.ooa s.xi an4 tho woolen commission, r
American Wheat Options
Imluth
Winnipeg . ,
Minneapolis
.t. Louis
October.
A..
July.
. 2U3
! 292
, 248
Sept.
230
221 H
224
the average. j some convenient point in the vallev
Qeneral Business Good and is intended to take care of cu.)
General business conditions through-j potatoes, which will be worked into
out the entire territory are exceeding-! potato starch. The farmers are belni;
ly good. Banks report heavy deposits of fered $10 per ton for their cu'.l
a'nd the merchants advise that their : stuff.
book show a substantial increase over j All Acreages Greater
the previous year, both asrto volumi; It m!ly De interesting to know that
of business transacted and net ear'i- i due directly to the fact that this na
ings. Considerable business activity tion js at war Yakima county a'.one
is noted In the North Yakima val.ey. nas piaCed under cultivation, nw
Since last season. 60 warehouses of acreage amounting to 12,000 or 15 JOT
both cold and common storage, have acres this being planted to beans,
been constructed in the various dis-. grain corn and potatoes,
tricts 'between Kennewick and Ellens- Due to the new Industries started at
burg, representing an expenditure ofNortn Yakima, there are many new
approximately $350,000. This should . dwelling houses under construction tj
very materially assist the car situation take care of the new families that are
Inter In the 8eaSOn. The Idano-btih1 ..rlvin In wnrlr nt the nun nlot.
Sugar Refining company is rapidly Calahan & Calahan are erecting in the
finishing their plant at North Yakima, i center of the town, a building 75x130
which when completed, will represent three, stories. The lower floor will b
an outlay cf $1,000,000. This company occupied by the Calahan Department
nas supervised me cuinvauuu ui ivvv store, ana tne upper floors will be
acres of sugar beets in the valley. made into apartments. Gibbs & Gould
They will employ 250 men at the plant ot Seattle are the architects, and it is
and about 400 in the field. During : saia that when completed, they will
their operating season, which is from . equal. Tf not superior, to any of
isovemoer m r i uai j. mc , tneir Kina in me state.
Weaker tone and lower prices were and obviously or tne manuiariureu
forced tor both mutton anj lamb.-, ut material. In order to permit of the
v , ... l. nrii.jn.l .innnir the weex The -,it.-i possible ciimtift i t Ion the nav
run ahowed a liberal increase over i nailing for proposals on goods
1 the nreceding six day
'iiivlnff
The weakness waa bhuwh iicic m 1 iiaiiy uie i " " i-i "n cwD
the face of the extraordinary prices ; "'Owing to the impossibility of lm
bein" offered and paid for mutton porting the kind of dyes heretofore
and Iambs in country sections. ' used on navy uniform cloth, it was
.1 , ,,t.n m.i i.mh msrket: necessarv to d"v :op a new source of
, 116 navy iieiilinin, cv
facturers
have been
flld wethers
Kiury light .
Heavy ewes . .
POUIiTRY MARKET DOWN--
FOU LIGHTER FOWIS
Market for poultry showed a mixed
tone in the local trade during tha
week with pressure against the price
of light weight hens. Sales of these
were generally made at reduced value
to 15c a pond. I envy hens ar.d
springs held about unchanged.
ONION PRICES REACT
WITH NEW OFFERINGS
Arrival of the 'first carload of Walla
Walla onions of th season on tha
local trade during ihe week called forth
a general lowering of values her.
Sales were made roost of the week"
down to $1.26 for yellow stock.
POTATOES ARE SCARCE
WITH PRICES HOLDING
Great scarcity of potato offerings
was noted during the week. Little
new crop Oregon stock is belnr offered
and tha wholesale trade was compelled
to purchase additional supplies lu
California.
MEAT TRADE GENERALLY
STEADY FOR THE WEEK
f 2.".i V50 r,rrvin. on exhaustive experiment
8 ?aV nnd 'the result of these combined f-
" I forts has led to the development of
I dyes which are substantially aaNjatls
' fortorv as those used In the past. The
or trie- rnpmista iai ocu
rXXED SALMON QUIET
rw. . . . . a 1 1 , ; ffnrts of the-
HUH lnfi l'1Lft Bnunl nareelv directed to securing a dve
which Is absolutely fast to light an.l
Trade ln the canned salmon market exposure, which retains Its original
continues at low ebi. .Small catch shade in artificial light. -that will bo
everywhere in the I'acific northwest fast to washing with soap in either
i. causing packers to withhold offer- slt or fresh water at a high tempera
Ings but there seems to be little dis- ture and that will be proof against
uositlon among the eastern trade to the effect of perspiration. '
. Keav.lv The rennrt that ihn The cloth covered by the present pro-
Pritish government would allow sal- ' posals will be made up Into garments
. . . . 1 . . . V. (r.n, , 1 . T I, . nrAV .mill!
t country waj . unuer inc unccvvn v. v-. 1 - - y -
. and clothing aepot. navy yara, rsew
. York.
mon shipments to tha
an aid.
handle from 90,000 to 100.003 tons of
beets per week
Fruit men predict a hiah market for
Taklma fruit this season. The cherry
Ldbby. McNeui & L4bDy nave aDoui;crop waa disposed of at the highest
completed tne construction 01 mwiprlce ever known in this locality,
cannery at North Yakima. They will t -vxsHa. Walla has prospects of securing
turn out about 100,000 cases of hign;a large evaporator, which will oe
graae cannea gooua mis Bca-sou. a ma erected by tne iaaer-Langdon com
concern will give employment to
250 people this season, ine laKi
ma Fruit Products company is con
structing a large fruit evaporating
Slant at North Yakima, which will
ave a working capacity of 80 to 100
toha green fruit per day. The Call- of the Inland Enpira this season will
ivroia rsuna uiva.uw4 lai aiav ejtceea aujriaing ever tauugni 01,
DAIRY PRODUCE ON THE COAST
pauiy. This company has 620 acres of
aDDle orcnara coming into bearing this
season. Prospects are very good for a'
Dumper crop 01 onions ana garaen
stuffs at Walla Walla. -
It is my opinion that the prosperity
Seattle Market.
Seattle. Jnly 28- (U. I'.) Native Waahlng
ton creamery, cube. 43c: ditto brick. 44c; stor
sge California cubea..4oe; ditto brick. 41c.
llggs Seleet rsnch, 42c.
Cheese Oregon triplets. 24J25c; Washing
ton triplets. 2:! a 24c: Ycung America. 2Se.
las Francisco Market
San Francisco. Jury 28 1 1". p.) Butter
Extra. 424c: prime firsts. 41e.
Eggs Extra. 37 4c; extra first.. 36 We; ex.
tra pullet.. 36c; extra firsts, pullets. 35e.
Cbeewe California fancy 20c; first.. 18c.
Lm Angelas Markat
Lo Angeles. July 28. (I. N. 8.) Butter.
43c; eggs. Jc.
Seattle Grain Market
Seattle, uly 28. (I. N. 8.) Wheat Bhie
tetn. 12.17; Turkey red. $2.17; forty fold, $2.14:
club. $2.14; fife. $2.14; red Russian. $2.12.
Barley. $43.50. Receipts Wheat. 2 ears.
; LACK OF INTEREST IS
NOTED IN HOP TRADE
General lack of interest was shown
in the hop market during the week,
transactions being of nominal nature
with former low prices continued.
Until the government decides as to
whether the manufacture of beer will
be allowed there Is not likely to be
any material trade.
BERRY MARKET SnOWS A
RATHER FTR31 FEELING
Generally steady tone was shown
e ror country killed meat
week. Both veals and hoea :
held steady around previous orlcea
Receipts lh both linea were only fair.
New York Bank Statement :
New York. Joly 28. (1. 44. 8.1 Bank sf.tt
ment: Average Loana decreased $86,684,000;,
demand deposit. Increased $50,628,000; tiate
deposit. Increased $107,000; reserve tncrvaaed
I06.SS4.630
Ai-tnal Loans Increased $11,716,000; uem.nit
deposit. Increased $0,184,000; time deposits Is
rreaaed $1,784,000; reserve decreased $.TT.154.-
400. '
nigh Pork Record
Lewtston, Idaho. July 28. (I. N. 8.VA
carload of boga was delivered by Elmer K.
Rever to the Inland Meat company la twl
city, the price being 15 cents a pound. This
establishes a new record for pork Is this district.
Very favorable price market was
shown generally for berries along the
wholesale way during tha week. This
applied generally to raspberries, logan
berries and blackcaps; all of which sold
at better values. .
Overbeck ':
& Cooke Co.
Stocks, Bonds,
Cotton, Grain, Etc
DIRECT PRIVATE - -V
WIRES TO ALL
EXCHaANGES
Members Chicago Board of Trada
Correspondents of Logan & Sryaa
Chicago, New York. :-. . - .
31S-31T Board -f Trad nnXUUigi
"r " '