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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 5, 1914)
17 THE MORNING OREGONIAN, SATURDAY, SEPTEMBER 5, 1914. PRICE BOOM SEEN Packer Believes All Food Val ues Will Increase. CONSEQUENCE OF WAR World's Supplies Have Been Seri ously Curtailed and America Must Do Her Best to Help Out. A big boom in American food prices, as a consequence of the warfare in Europe, is predicted by J. K. Armsby, the well-known i packer. In a letter issued to his branch managers he predicts that food prices throughout the world will go to the highest point In many years. The letter says in part: "We think the American people as a whole before they get through will realize very fully the important part that Europe plays In many of our manufacturing costs. It means an entire readjustment of Amer ican food product values. "We do not believe the trade realizes what the vast food supply of Eastern Si beria means to Europe. We doubt if they realize what the food supply of the Balkans and the Baltic provinces means to Europe. We don't believe they realize what the food supply of Russia means to Europe. And all of these sources of supply have been cut off, and there are many hundreds of mil lions of people who will continue to eat. America is the only place that has any sur plus food supply, and it has none, too much. It is well not to forget the fact that 20,00t), 000 men have been taken away from their regular occupations, and as we have stated before, the economic waste in the food supply of the world, as the result of this European upheaval, is so large that It la hard to realize It. "Food prices of the world are going, in our judgment, to the highest point in many years, If not the highest in the last 10U years. Prices based on American crop sta tistic only are absolutely worthless, be cause prices always have been and always will be made on the food supply of the world, and not America. Now the food supply of the world has been seriously cur tailed. America must step into the breach and do her best to help out, and that means very high prices before we get through. "It is all very well for the legislators to Investigate the increased cost of food prod ucts. They will find when they get through thai the price of all food products is based on supply and demand. It has been since the world began and it will be until the world ends. You cannot legislate world's prices either up or down, nor can you con trol the world's supply by legislation. That is a power greater than most of our states ine:i realize, because comparatively few of our statcmen have ever been in business, and while theoretical discussion is fine, and interesting to the layman, nevertheless actual production and consumption ia the court of last resort on the price question." HIDES ARE NOW OF BEST QUAXITY .Local Market Firm am Supplies Are Light. Conditions in East. The local hide market continues firm, as good stock is scarce. The hides now com lug in are of the best grade of any during the year and tanners are taking them up readily. In the. East the opinion prevails that the market has gone up as far as it will. A mall report from Chicago says: "Packer hides continue to occupy a very Strong position, as slaughterers are so well sold up on all descriptions that if tanners should hold out of the market for another three to five weeks, the packers would not show much, if anything, over sales. The Impression, however, is gaining ground among brokers and buyers that prices have about reached top, as tanners now appear more conservative than for a long time past and are not likely to support the market further unless the demand for leather war rants paying additional advances. "Common varieties of dry hides are neg lected. A Canadian tanner lately pur chased about 10,000 Central Americans, se curing same down to -8c as a basis, a sharp decline, but other buyers are entirely out of the market, and since then no sales have developed. With Europe no longer a fac tor, domestic tanners are in control of the Latin-American hide situation, and prime Coast Mexicans have sold down to 14c, be ing a drop of l ;-c per pound from last con firmed sales." WHEAT SELLS AT HIGHER PRICES forty-fold Is Now at Dollar Mark Advance in Bluestem. Sharp advances were again scored in the local wheat market yesterday. Five thous and bushels of forty-fold were sold at the Merchants' Exchange session at $1, an ad vance of 2H cents over the previous day's price. Bids on club and red wheat were raised H to 11 r.OfutV, but there wero no sellsra. - For bluestem, $1.12, Thursday's price, was bid, but a sale at $1.15 was made on the curb. Club wheat was sold at Walla Walla at a price equal to OS cents here. Oats were quoted a quarter higher, at $28.25 bid, and offers of 25 were made for brewing barley, an advance of 50 cents. Local receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday 202 7 31 2S 8 Tuesday 15 4 11 19 6 Wednesday .... 103 5 13 18 12 Thursday M 6 7 IS 6 Friday 25 3 11 6 4 Year ago Ill 15 4 9 4 Season to date.24rt0 227 474 260 264 Year Bgo 1713 2U5 406 153 450 HOPS CAN NOW BE EXPORTED N" Obstacles in Way of Shipping to England IT ills Oregon hops can now be exported to Eng land without trouble or additional expense. Announcement was made yesterday that the Norwegian-American steamship line was ready to accept shipments at New York without a war clause and without restric tions of any kind. With the export channel thus reopened, the trade is preparing to re ceive orders from the other side, as in nor mal times. Eighteen cents was freely offered for the new crop yesterday, but there were no sell- s. as prywers are holding out for 20 cents. The California market was strong. Richard son sold 100 bales uf acramentos at 19 cents and Flint fcloMd an lS-cent contract for 100 bales. According to wires received, growers in Sonoma and Mendocino are picking unma ture hops. Mold and honey dew have been found in many California yards. I. T DAY TO BL'Y CHEAP PEACHES Market May Be Sharply Advanced After Labor Day. This will be the last day of low peach prices. Receipts in the past two days have fallen off sharply, but with fairly large Mocks on hand prices were not advanced. When the maiket opens up on Tuesday it Is likely that a considerable advance will be noted. Fruit dealers can hardly remem ber a year before this when Labor day did not find the market badly glutted with peaches. The season this year Is two weeks earlier than usual and this accounts for the change. California cantaloupes are cleaning up, which will make a stronger market for the fancy Medford cantaloupes now coming la Two cars of grapes were received yester day. Tokays sold at $1.-5 and Malagas ar.ri seedless at $1.10. A fins car of California mixed vegetables arrived, containing cauliflower, which, sold at $2.25. cabbage at $1.50, asparagus at $2 and cherry peppers at $1.25 a box. Poultry Cleans Up Well. The poultry market was steady and cleaned up welL Hens were firmer than Springs. Dressed meats were unchanged. The egg market was firm at prevailing prices. Some of the city creameries are In favor of advancing butter, but other are dis posed to hold the market at the present price. Sugar May Advance Today, A 25-cent advance in sugar is expected tnhKur indnv Thp v . .v York market i by was trnnff mrxA hlrhar YPKtcrHaV. rBWl advanc ing 2fi cents and refined 2550 cents, which puts all the refiners at the uniform price of $7.30. Rolled oats were advanced 50 cents a barrel in the local market. Bluestem Sells at High Prices. SPOKANE, Wash., Sept. 4. (Special.) Twelve thousand bushels of bluestem sold at Ritzville yesterday for $1 a bushel. Wenatchee millers paid $1.02 for 3000 bush els. Cascara Bark Lower. Cascara bark prices have slumped off, the buying limit now being 4 cents. The lack of export demand is responsible. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland $1,G90,252 $ 78,397 Seattle ... ,. MSiSS Toma :;23.486 tf,lb Spokane 585,932 50.7 1 6 PORTLAND MARKET QUOTATIONS Grain, Flour, Feed, Etc. Wheat- Bid. 1-12 Bluestem B- l.W uub Red fif Oats . No. l feed Barley ft No. 1 feed Brewing g-gjj Bran J-gg Shorts -u.UU. All quotations for prompt delivery. Sales, 5000 bushels forty-fold at $1.00. MILLFEED tipot prices: Bran. .25.50 per ton; shorts, 2&.50; rolied barley, $2b.o0 27.50. FLOUR Patents, $5.4o per bairel. straights, $4.60; graham. $5.40; whole wheat. $5.60; exports. $4.2O4.0O. CORN Wnolc. S37 per ton; cracked. SoS HAY Old timothy. Eastern Oregon, $13 16; new-croD timothy, valley, ;i2.50lo; grain hay, $8 10; alfalfa. $11012. Dairy and Country' Produce, Local jobbing quotations: LiiGS Fres.i Oreu;i tancn. cas cuuat U U 30c ; candled, 32 u 34c. POULTRY Hens, 14c; Springs, 14c, turkeys, 22o ; dressed, choice, 25c ; ducks, LUflfiOj geese. IOC HL'TTEK Creamery prints, extras. 35 per pound; cubes. Sic; storage, 2$ & -'S i4c. vliti-r. wlttfcOJi 'l.ylei.. jtjuutri' Qtlhf price, 10 H c Per pound f. o, b. dock Port 'anti; ouug America, 17ftc per pound. t-uKk iccK. 12c per pound. VEAL Fanoy, - per pu und. Fruits and Vegetables. Local ;ulou (coiauom. TROPICAL BRUITS Uranges. $U3 pel box, luuicus, Sbb.uU per box; Da- uanas, i gvapefrmt. Ca.i- .......... an,7stf li , - ft 1.75 uer plnwopplMB, Cfei0 Pr pound. v ..v. ..... - eri, OUo per joi. cufipUui, f- par puuuu. peppers, 7 -,3 . pr pound ; aruuhokes, (1 per dozen ; tomatoes. AtfftVe p0 crate , cabbage, lo per pouuu, pb ftbo per pouuu; beaas, 4sw Pr p. ....... .w;j,, fltf - pwr sack; caury. JUbOc par dozen; cauliflower, $2.25 per cram; asparagus, $2 per box. u.NiO.tt e.iow, 101.25 per sack. URlifaN FUCiXa App.us, liw, 5OC0$1.2'5 bux, ........ 5uc0$L,25 per crate; pwavhvs, UOtfuug pur box; plums, 5Oc0$l, watermelons, buMuo Pr hundred ; casabas, si.sux per (losui psars, 0a(t$i per box, biapsB, 7ju0i. per crate. POTAXOlbb uretfua, $LS5 per sack; wst puiatoss, MM; Htapis Orucerles. Looal lobbing quotations; , SALMON- Columbia Itlvwr enu-poaU laUs, $;-'my pel' aoMiii half-pound flats, $1.4U; uno pbunu iiais, J,4ui Alaska pin, oin.-pouaU tai.s, $l.Ud. ilONltil" Choice, $3.5U3.75 per case. Ulf Walnuts, , - per puunu; Bra sUa huts, ibo; hiburts, luiio; simunds, Iv sStt ; peanuts, U 0 v c , aoooanuts, $1 per tT-v-u. kuestnut, ttViitflOu psr puuau;Vps--H h, 14 U ldc. iiiSAWS small whits, 714o; large white, yyt, Lima, VJ piak, 6c; Jaexlcan, His; ayuui 0a, tOl?'iii -Roasted, in drums, lsG37o per puunL UU UAH Fruit and bsrry, $7.5fi; beet, 7,U0i satra C, $7.Uu; powdered, in barrels, sLHU. tJALTaranulatad, $15.00 per ton; half ground, 100s, iu.fa per tun; ios, $11.50 psr tuni Ualry. $14 per ton. jnriJ 1 Japan, JV, jVc; Southern tatiW, vtte7tttii isiaud, Uc FKUlTtt Apples, 104llo per pound; apriouts, 14luc; peaches, bllc; pruned, Italian, lOtylxfto: currants, uv, raisins, louse Muscat.. UtfTfl: blaacaed i.niuiun, llftfli Unbleaunsd eu. tanas, be; seedeJ, udi uates, i'ursian, 770 per pyuiiui fard. $1.40 per boa. iUBWaukaae. 6-ua, SO to box, $1.01 uanliaaeL lU-us., Ill to box, bus; whits, 2fi-lb. La, JEtaj black, ap-lb. boa, $1.70; black Walafab bandy ags, su-lb. bus, tJ; Smyrna. r L4 sl.eSi Uuus, Wool. Hides, Ltc. nui-H crup, ltiiw$17c; 1U14 contracts, IBPBLB-Dry, 13e; dry short wool, uc; dry eheai-iings, 10o each; Kreen shsarUngs, 16 ouj eaeiu spring lambs, 114 020a; green peits, short wool August eoc, July B0; reen lambs, July udc, August 3c. iiiDtie-BaUed hides, Iwu par pound; salt feib, 14ul salted ali, lo; green hides. 12u; ur bides, iiuu; ury calf. 20; saitsa bulls, iwe her feuunui arson bulls, eke. vQOL Valley, llWKwViWi kJastorn r--atn. ivtfitOMiai UllAili 1014 oP. s7fca per pound. GA1WAKA BARK-Old fthd &w, is per public l'rsvlsloas HAM8-10 to lil-pound, StlaKc; 11 to 14-DuUi-.d, Jl2ioi ! t lb-pound, 21 Vs SSttVfco sklmiPd, LHVitfOi plonio, 10q. UavU.n-' t y , stauuaru, 240 S'lHT SALT CL'RKD Short clear basks, 14tfl7oj expurts, lbty-17u; plates, 110Ue. LARD Tierus basis! Vurs. l2tfUo, ompuua Uui Oils, KEROSENE Water white, drums, bar rsls or tank wagon. 10c; special, drums or bamtis, 3uic; cases, 17W4c. OAbOLlNE Bulk. 15c ; cases, 22c En all. distillate, drums. 7 c; cases, 14 He, nanhttia, urums, 14c; cases. 21fcc LlMMUn OIL Haw, barrels, 72c; boiled, barrels, lsw, eases, 77c; bulled, eases. 1US. SAM FBANC1SCO PROUUCX MAKKX I prices Quoted at the Bay City on Fruits, Vea-etahles. Etc asms FRANCISCO, SepU ,4. Fruit Pine- .. - - t nr.au ti .''ic. i,ub- call. fornia' lemons,"4&7c; latest f. o. b. price, io o.oi.' ; apples, uieusmu., utf variables Cucumbers, 30636c; string beans. l2c; peas, 3c. Ekss Fancy rancn, joic; store, ovl, storage, 30c. Onions Yellow. 4Ujduc, on aoca. CtMeM luuon SLiSfrsra leitfiotsc; new. 104 WHic; Oregon, 1.1c; Oregon Young Ameiieux. iOc; storage. 10c Butter Fancy creamery, 32c; seconds, 28c. Potatoes Delta, .new crop, Burbanks, per sauk, OOc0$l; sweets, : . d 1 c per pound, Salinas Burbanks, 75 85c S. Beceipu Flour, 6052 quarters; barley, 62.706 centals; potatoes, 6790 sacks, hay. Wsw ton a Coffee and Sugar. NEW YORK, Sept. 4, Reports of an easier feeling In the foreign exchange market and of clearances from Santos of 67.000 bags for the United States seemed to be responsible for a decline of c in the price of spot coffee here today. Buyers were said to be holding off in the hope of increased ship ments at lower prices and while holders of the better grades were reported firm in thir views, lower grades'" were said to be offering more freely. Rio 7s were quote! at 7c ana &anius i n x- c. Raw sugar, steady. Molasses, 5. 37c; cen trifugal, 6:02c. Refined, steady. Sterling Exchange. NEW YORK. Sept. 4. Mercantile paper. 7 per cent. Sterling exchange, easier ; for cables, $5.0250; for demand, $5.0150. Bar sliver, 53 4c. Dried Fruit at New York. NEW YORK, Sept. 4. Evaporated apples quiet. Prunes, steady. Peaches, steady. SIX GENT BULGE New High Records Made in Chicago Wheat Pits. DEMAND IS MORE URGENT Reports of Open Buying for British, French and Other European Gov ernments Are Not Contradicted. Speculative Trade Heavy. CHICAGO. Sept. 4. War prices In earnest were realized today on 'change. A world wide urgent demand for wheat and flour was the power that lifted values. After an advance of 6 to Gc a bushel, wheat closed wild at 5 to 5 Tic above yesterday's finish. All other leading staples showed decided gains coin, lc to 15,lc: oats. 154c to lsC and provisions o o .:-c to Uncontradicted reports of open direct buy ing for British, French and other European governments put the greatest strength into wheat today since the war influence de veloped, more than a month ago. For the first time since war was declared, vessel room from here to Montreal was In request and there were charters for 240,000 bushels of wheat to go to Buffalo. bDeculatlre trade in wheat was ot mart ially greater volume than has been the case for weeks. One of the chief elements of ac tivity was in the removal of so-called hedges by millers and exporters. Corn derived ail its strength from wneai. A group of big houses was conspicuous on the buvine side and promptly took charge of all the offerings which were made. Kxnrt .all for oats was hardiv second to that for wheat. About 800,000 bushels of standard oats were taken on September con tracts and were ordered cancelled for ship ping from warehouses. Provisions, although easy at first, with hogs, swung upward later with grain. The sharpest advance was for pork. WHEAT. Open. High. Low. Close. Sept. J1.16 U.H 1.16 J1.20H Dec US 1.24 1.19 1.2) Mmy 1.25 1.3114 1.25 Vi CORN. Sept 81 .82 .81 .82 Dec 70 .71 .ltl .IOT May 75 .79 .77 .79 OATS. Sept. 50 .01 .49 .01 Dec 03 .04 m .o. .o May 56 .57 5B .57 MESS PORK. Jan 22.47 2J.15 22.4o 22.97 LARD. Sent 10.10 10.15 10.07 10.15 Oct 10.2O 1).27 10.15 10.25 Jan 10.SO 11.V0 10.77 11.00 SHORT RIBS. Sept. V".. irB.. Oct 12.0.1 12.22 ft 12.Uift W4i Jan tl.50 11.80 11.47 11.72 Cash prices were: Wheat No. 2 red, $1.19 1.23 ; No. 2 hard. 1.1S ai.22. Corn No. 2 yellow. 82S3c; No. S yellow, S2S'S3C. Rye No. 2. $1I.00. Barley. 70S0c. Timothy. $4.56. Clover, nominal. Stta Francisco Grain Market. SAN FRANCISCO. Sept. 4. Spot IJUOta- UOIIS. V alia v a , - slan, 1.71; Turkey red, 1.80; bluestem. SI BUOX.W; reeo. oariey, i .irw . -73 , oats, 1.4S1.50; bran, 129; middlings. S30 31; shorts, S2930. Call board; wneai strong, .urmei 11, -u. 1, December, $1.70 bid, October, $1.70 i bid. Barley, firm; December, $1.25 bid, iocs'. aclrri- M.v $1..'1J ti : September. $1.1T bid, $1.22 asked. Pugret Sound Wheat Markets. TACOMA, Sept. 4. Wheat Bluestem, $1.11 1.12; fortyfold, 98c; club and Fife. 97c. Car receipts Wheat 102, barley 1, oats 5, hay 23. SEATLE, Sept. 4. Wheat, October and November delivery quotations; Bluestem, $1.10; fortyfold. 99c: club, 96c; Fife, 95c; red Russian. 94c; turkey red, $1.04. Car receipts Wheat 65, oats 5, hay 53, (lour 6, barley L Minneapolis Grain Market. MINNEAPOLIS, Sept. 4. Wheat, Sep tember, $1.21; December, $1.23; No. 1 hard, $1.31: No. 2 Northern. $1.18 1.27. Barley, 55 71c. Flax, $1.6i1.66. ( Naval Stores. SAVANNAH, Ga., Sept. 4. Turpentine, nominal, 45c; no sales; receipts, 411; shipments, 928; stocks, 20.031. Rosin, nominal; no sales; receipts, 752; shipments, 1753; stocks, 11,109. Quote: A, B, $3.50; C, D. $3.52; E. F, G. H, 1, $3.55; K. 4.15; M, $4.50; N. $6.00; WG, $6.25; WW, $6.35. Chicago Dairy rroduce. CHICAGO. Sept. 4. Butter Unchanged. Eggs Higher. Receipts. 6088 cases, at mark, cases included. 1822ftc; ordinary firsts. 2021c; firsts. 22 23c. Dnloth Flax Market. DTJLTJTH, Sept. 4. Linseed, cash. $1.62; September, $1.62: December, $1.67. Hops at New York. NEW YORK, Sept. 4. Hops, steady. HOG MARKET STEADY FORMER PRICES ARE MAINTAINED AT YARDS. Trade In Other Mites Ih Quiet Only Six Loads Received Dnrins; Day t attle of Poor Grade. Only half a dozen cars of stock were re ceived at the yards yesterday, and there was little of interest in the day's operations. Prices were steady in all lines. Most of the business was in the swine division, where former prices were maintained, the best light hogs selling at fVJRi. A tew oaas ana ends of eattle. mostly poor, were disposed of. Receipts were 38 cattle, - calves, 14& hoes and ll sheep. Shippers were: With cattle Dan Sabage, Ballard, 1 car. With hogs American Mercantile Com pany, St. Johns, 1 car; F, B. Decker, Silver ton, 1 car. With sheep Smythe Bros., Gibbons, 2 cars. With mixed load Dan Sabage, Sheridan, 1 car cattle, calves and bogs. The day's sales were as follows: Wt.Prlce.l Wt. Price. BS hogrs 257 $U.2C-S bogs 133 $8.75 hogs 313 8.28)1 steers 1040 K.65 10 hogs 200 K.23t3 bulls 1050 3.90 S hogs 213 0.25i cow 60 3.00 t bog 4O0 8.26 1 cow tttu u.2U 3 hogj 300 ,To,. cows 1155 5.75 current prices of the v&rioua clause ot stocK at the yards follows: Prime steers $6.7507.00 Choice steers j 6.7 j Medium steers .v, j Choice cows ti.'i i & -jJ Medium cows 5.255.7 Heifers 6.50tfd.5O Calves 6.ou Bulls 3,oo i 4.00 Stags 4.50(95-75 Hogs Light 9.00 9.2Z Heavy 8.00(9 -2fi fcheep Wethers 4.005.00 BWM 3.50W4.5 iambi 5.006.00 Omaha Livestock Market. SOUTH OMAHA. Neb.. Sept. 4. Hogs Receipts, 4-'to. niarktt. lower. Heavy, $8.60 68.U5; light. $&-tf0'J: pigs, $8i&S.75; bulk of sales, '-..'," -..".. Cattle Receipts, 000; market, strong. Na tive steers, $1. 75tf 10.25; cows and heifers, $ti u 7.50 ; Western s teers. $6.25 S.50 ; Texas steers, M 7.50 j cows and heifers, $5.75 & 7.00; calves. M 10.50. Sheep Receipts. 8000; market, higher. Yearlings. $5. 15&6; wethers, $4.75 & 5.25. lambs. $7.107.50. Chicago Livestock Market. CHICAGO. Sept. 4. Hogs Receipts. 13, 000: market, slow. Bulk of sales, $8.80 9.S0; light,s $b.95tfa.40; mixed. .;o.a ;.' . hea vy, $.850 ft 0.25 ; rough. $S.504 b.05 . pigs. $5 e. a. 60. Cattle Receipts. 2S00; market, weak. Beeves. $6. 70 g 10.SO . steers. $6.30 1. 20 , stockers and feeders. $5.4008.13; cows and heifers, $3.759.35; calves. $7.50911.50. Sheep Receipts, 12,000; market, steady. Sheep. $f.755.75; "yearlings. $5.50.40; lambs. $07.85. FINANCIAL TENSION FT'BTHER ABATED Efforts to Restore Normal Transportation Are Succeeding. NEW YORK. Sept. 4. Dun's review to morrow will say: There is further abatement of the tension In financial circles, although money con tinues very firm snd new business is still closely restricted to argent needs. The dis organization of foreign exchange Is slightly less marked. International banking arrange ments slowly but gradually Improving. Efforts to restore more normal transporta tion facilities with foreign markets are meeting with gratifying success. Shipments of grain abroad are becoming more ex tensive and buying for foreign account con tinues heavy. The higher prices induced by these pur chases cause a considerable expansion in of ferings of wheat from the country and these sales abroad will hasten a return to more normal conditions in internatonal ex change. Considerable irregularity is manifest in re ports from the leadng mercantile and in dustrial centers, but in view of existing conditions the movement of commodities is Quite well maintained. Failures for the week In the United States were 3G4. compared with 205 last year; in Canada, 55, compared with 19 last year. FOREIGN EXCHANGE LOW ABRUPT DECLINE IS OUTCOME OP NEGOTIATIONS. No Indication of Hardening of Money Market Unless War Is Unduly Prolonged. NEW YORK. Sept. 4. A notable event of the day was the abrufit decline witnessed in foreign exchange, London caMes failing to $5.02 and demand to $5.01. These quota tions represent declines of as much as five cents In the pound sterling from the highest rates of the week and are believed to result directly from the outcome of negotiations between New York City banking groups, which are said to have agreed to finance ail of Europe's foreign obligations maturing between this and the expiration of the year. There was absolutely no market for con tinental exchange, the situation at Paris pre cluding all possibility of exchange operations with that center. Efforts to negotiate 30 day bills on Berlin were unavailing. Call money was offered at 0 per cent by representatives of Canadian banks, which stipulated, however, that fully 50 per cent collateral in excess of the loan would be required. As these terms were almost pro hibitive, little money was loaned. The mar ket for time loans continues nominal around 8 per cent. Money brokers see no Indication of a pro nounced hardening of the market unless the conflict should be unduly prolonged. The saving clause In the local situation, they say, Is the fact that comparatively few loans to brokers have been called, while the Immediate needs of that element have been reduced to slender proportions by the set tlement of practically all the business transacted on July 30. NEW HIGHWAY IS URGED BAKER COUNTY OFFICIALS RETURN FROM WEISER MEETING. Survey for National Ronte Asaared and Roads Declared So Good Coat Would Be Small. BAKER, Or., Sept. 4. (Special.) Delighted with the condition of the roads in Baker County and enthusiastic supporters of the proposed Lincoln Highway and with expressions favor ing an appropriation for a survey which would bring this proposed road through Baker County, the County Commissioners and Commercial Club members returned today from Weiser, where they attended an enthusiastic highway meeting. The party, consisting of County Judge Carter, County Commissioners Welch and Saunders, Ernest Welch, president of the Commercial Club: F. A. Harmon, president of the Eastern Oregon Light & Power Company, and Walter Meacham, secretary of the Com mercial Club, went to Weiser by way of Porter's Ferry and returned by the Olds Ferry route. Both routes were declared good. A Huntington party Joined them and accompanied them to Weiser. They met three automobile parties of tourists, who said Baker County roads were like boulevards compared with those of Western Ore gon and Washington. Baker County Commissioners hereto fore have - expressed no opinion as to the merits of the proposed highway and until this trip there was no assur ance that they would vote for the ap propriation for a survey. It is assert ed that roads in this county are so good that the cost will be light. DAILY METEOROLOGICAL REPORT. PORTLAND. Sept. 4. Maximum temper ature. 63 deg-rees: minimum, 55.4 degrees. River reading. S A. M . 4.1 feet; change In last 24 hours, 0.1 foot fall; total rainfall, .. p. M. to P. M., none; total rainfall lnce September 1, 1914, none; normal, 0.13 inch; deficiency, 0.13 inch. Total sunshine, none; possible, 13 houra H minutes. Barom eter (reduced to sea level) 5 P. M., 80.27 inches. THE WEATHER. Wind State of Weather STATIONS. Baker Boise Boston Calgary Chicago Colfax Denver Des Moines Duluth Eureka Galveston Helena Jacksonville Kansas City Laurler Los Angeies Murshfield Medford Montreal New Orleans New York North Head North Yakima . . . Pendleton Phoenix Pocatello Portland Roseburg Sacramento St. J.ouia Minneapolis Salt Lake San Francisco . . . Seattle Spokane Tacoma Tatoosh Island . . TValla Walla Waahinston Winnipeg Yellowstone Park. ". 00 soro. 00 S00.12 72 0. 00 10JNW;Clear 6;NWlClear 10;W Cloudy titSW ;Pt. cloudy 4,0.00! SINS pt. cloudy 730.00; 6IS SO 0.00 4INE 7810.00 6 NE 68 0.00' S 3W 68'O.0tHO N 86;0.06 SS 7C 0.00 14 NW Clear Cloudy Cloudy Clear Clear Clear Clear 92 0. 32 6 NE Cloudy 84 0.00 82lO.O StilO.OO 70 0.00 12jNE Cloudy SB (Cloudy S SW IClear 6N (Pt. cloudy 6 0.001 8 NW Clear 70 0.00 14jW Pt. cloudy 92 0.00 C S (Clear 7S 0. 00 22NWii.'Iear 58 0.02ilSNWPt. cloudy 7.' 0.00 16 NWiClear 79 0. 0l 8.W iclear 104(0. Oof 4fN Pt. cloudy 80:4.00 12 W Pt. cloudy 83 0.004 UNWlCloudy 720.OO SIN" IClear 82!O.O0 4 SB Clear 78:O.OOl 8'E .Clear 70I0.0O; (!.E Clear 880.00116 XW Clear eiVO.OOllSIW Clear 64O.O0! 4jNWPt. cloudy 70 0.OO' 8'SW Clear 66j0.00i 4!W Cloudy 560.00121SW Cloudy 72 0 .OO'IO SW IClear 80,0.00 4N Cloudy 7:!o.OO' SiXE Clear 74 O.OO 12,XWCloudy WEATHER CONDITIONS. A depression of moderate energy la cen tral north of Montana and the barometer ia relatively high in the Pacific States and also In the Ohio Valley. Somli Atlantic and Gulf 6tates. Light rain has fallen at the mouth of the Columbia River and In portions of the Lower Lake Region, Gulf and Middle Atlantic States and New England. It is slightly cooler in this district and alao In Western Montana, the Ohio Valley and Mid dle Atlantic. States. rn conditions are favorable for fair weather in this district Saturday. It will be cooler in Southern Idaho and warmer in the interior of Western Oregon and Western Washington. FORECASTS. Portland and vicinity Saturday fair and warmer: northwesterly winds. Orez.jn Saturday fair: warmer interior weet portion; northwesterly wlndt Washington Saturday fair: warmer In terior west portion; westerly winds. Idaho Saturday fair; cooler south por tion EDWARD A. BEALS. District Forecaster. An investigation of the Spanish dialects of Mexico has been undertaken by Dr. Ru duif Wagner. APPLE CROP G000 Yield, However, Will Be Less Than Estimated. WEATHER NOT FAVORABLE Government Figure Far Greater Than Northwest States CouM Have Produced Under Most Favorable Conditions. The Pacific Northwest will have a rood apple crop this year, bat by no means the big yield that wu expected earlier In the season, nor aa large as recent Government estimates. This is the opinion of apple experts who have gone over the situation carefully. There was promise in the Sprlns of an immense output, but weather condi tions throughout the Summer wers not favorable for a bumper yield. In spite of these developments the Gov ernment, In its latest estimate of the total crop of the country, has credited the Pacific Coast states with a crop far greater than could have been produced under the most favorable circumstances. The Government estimate for the three Northwestern states of 12,400, 1)00 bushels is declared to b fuU 4,00o,0G0 bushels more than the trees will bear. A. P. Bateham, v.ce-presldent of the Northwestern Fruit Exchange, takes vig orous exception to the Government's esti mates. He says: "Gloomy Gus" Emulated. "The United States Department of Agri culture, In its latest estimate of the United States apple crop, seems to have emu lated the example set by 'Gloomy Gus White tnd the aggregation of Eastern apple operators who have been induct riously in venting "bear" statistics on apple production. "The department's latest 'guess' .s 210, 000,000 bushels, the highest figures that have been published. On the other hand, the Northwestern Fruit Exchange, of Port land, with its corps of expert reporters, es timates this season's crop at only 142, 000.000 bushels. "The astonishingly preposterous figvres of the Governmen t for the Pacific Coast States, stated in bushels, compare as fol lows with local estimates; V. S. Dept. N. W. ruit States Agriculture. Exchange. Montana 800,000 1&9.000 Idaho 1,600,000 630.000 Washington 7.600,000 6.363,000 Oregon 3,300,000 1,823,000 California 6,800,000 2,205,000 Total bushels 18,600,000 10.710,000 Figures 50 Per Cent Too High. "The department's figures above are 50 per cent higher than the Coast states even hoped for at blossoming time, and nearly double the actual crop now m sight, accord ing to experienced men who are on the ground and whose work of this nature In previous years always has proved accurate, "It is no help to present conditions to have such figures appear in print. War times have brought an unsettled condition in the price end of the proposition already, and with the added burden of combatting misleading and erroneous reports of the 'b'ggest crop ever, a stupendous handicap is likely to be experienced. "Points having suh a big meaning should be weighed carefully before publication. The truth should be spread broadcast among' the people. Facts this year are sufficiently pessimistic without the added grief from exaggeration." MILL MANAGER FINED S. C. TEVIS FOOD GUILTY OK DIS ODKD1EXCE TO STATE ORDER. t'banirca In Milnanklc Plaat Not Made, Saya Orearon City Court, When For mal Demand Ih Made. OREGON CITY. Or.. Sept. 4. (Spe cial.) S. C. Tevis. vice-president and general manager of the L. B. Menefee Lumber Company, of Portland, was found Kuilty In the Justice Court here today on a charge of not making cer tain changes in the Milwaukie plant by the State Labor Department. Jus tice Slevers imposed a fine of $50 and attorneys for the defendant gave no tice of appeal. In his decision, Justice Sievers held that the last demand of the State Labor Department, on June 10, was binding on the mill, and that a previous de mand made in March was not legal. Deputies from the Labor Department made an examination of the property In March before the mill was com pleted and ordered the lumber com pany to Install blowers and other equipment on the shingle machines. The matter was appealed to a board of arbitration and it was held that the type of blowers demanded by the state was not practical. June 10 a second examination of the mill was made and for a second time the State Department ordered the same type of blowers installed. August 1 was set as the time limit. The state says the order was ignored. Action then was begun in the Justice Court by Deputy Labor Commissioner Gram. SCENERY FINALLY TIRES FAMILY" IH ALTO HERE AFTER 8SOO-MILE TOIR. Oregon In Liked Beat of Any State Explored by Family From Loa Angelea. "No, wevill not visit Crater Lake. We don't want to see any more scenery. We want to get home."- Tlius, seated comfortably in the big red armchairs in the lobby of the Seward, and spt-aking in chorus, Mr. and Mrs. George Boone, Jr., of Los An geles, made it plain that the wander lust that took possession of them laBt April has been satisfied. Leaving their home April 21, with E. A. Lash as chauffeur, Mr. and Mrs. Boone iiave traveled in their automo bile twice across the continent east and north as far as Lisbon Falls, BO miles north of Portland, Me., and west along the northern tier of states, ar riving yesterday in Portland, Or., tanned, heaythy ad In good spirits, but having seen quite enouglt of Amer ica to last them for some time. Leaving Los Angeles, they crossed the desert when it was raining, thus escaping the heat. Telling of the trip, they made big Jumps with ease, and instead of dwell ing on the splendors of the Grand Can yon, up which they drove, or relating the grandeur of the Rockies, they soon made the big loop and plunged Into an amazed recital of something they saw in Oregon, which seems to have ma3e more of an impression on them than all else put together. They have traveled S500 miles and have seen the principal cities of the country. RUNAWAY MAY BE FATAL Stage Team Bolts on John Day Mountain and Cout'li Wrecked. TOHV DAY. Or.. Sept. 4. (Special.) The team on the Lons Creek stage ran PINKERTON & COMPANY UNITED STATES DETECTIVE AGENCY Chicago, HI., ever since 1883 No connection with or relation to the Pinkarton National DetectW Agency. Scientific detective work along modern lines. Our COMMERCIAL DEPARTMENT We force the payment of bad debt. We operate on the broad principle that you cannot make any one pay v twleaa he wanU to pay you, and our province is to make him want to pay you. A DETECTIVE AGENCY CAN DO THIS. . Northwestern Offices. 412-13 Lumbermen! bldf., Portland. Or. Phone Main 7741. W. H. TKEECE, District Manager. LADD & TILTON BANK JtaiabLcaaa IsHfc Capital and Surplus Commercial and away yesterday while coming down the John Day Mountain. Mrs. L. E. Shel ley, who was a passenger, waa lama from the wagon and possibly fatally hurt. She Is being taken care of at the Patterson cottage in Canyon City with Dr. Chilton and Miss Georgia Dodson. a graduate nurse from Baker, in at tendance. The driver. Guy Durham, was thrown out and received some bad bruises but was not seriously hurt. The stage toppled Into a canyon and was destroyed, but luckily nobody was riding inside. The horses stayed on the road, breaking away from the coach. IRISH TO MAKE MERRY FELLOWSHIP CLUB TO HOLD PKM AT CANKMAH PARK. Sporta of Old Biin sad Music Dear to Hearta of Hlberalana Features of Programme. Irish people of Portland will descend in force upon Canemah Tark tomorrow to enjoy the celebration of the first annual picnic of the Irish-American Fellowship Club. The crowd will leave at :30 In the morning from EaBt Mor rison and - Water streets and tickets are to be procured at the station. The programme for the day is elabo rate and of wide range. Sports and dancing will be enjoyed and refresh ments will be served on the grounds. James Hennessy Murphy and Paullnus McDonald will discuss "What Effect the European War WW Have on the Home Rule Question." Old Irish alra will be heard again when two pipers, recently from Ireland, will wake the echoes of other days on the bagpipes. Miss Ann McNamara will play the harp. The old-time sports of Ireland, con sisting of athletic events, dancing and weight throwing, will be on tne pro gramme. Following Is the arrangement of sports: One-hundred-yard dash, for men, box cigars. Fitzgerald Cigar Company; D0 yard dash, married women, one pound Lipton's Tea, D. W. Lane: 60-yard dash, hnvn under 18. Dalr shoes. Co-operative Shoe Company; 50-yard dash, girls under IS. box of candy. Couch Phar macy: 100-yard dash, fat men. one bottle of Mountain Dew, Donnully orotners. 50 yards, free-for-all, women over 1. one can of coffee, J. E. Malley: 75-yard wheelbarrow race, box of candy. Lamo reaux Confectionery Company; 75-yard three-legged race, bottle of wine. Royal liquor store; cracker-eating contest for women, two pounds ot conee. as. j. Driscoll; women's spike-driving con test, box of baking powder, M. J. Mal ley; Irish Jig dancing, bottle of "Vir ginia Dare," Neil o'Hare; tug-of-war. Ancient Order of Hibernians vs. Irish American Fellowship Club, $5 cash prize. ' LAW'S VALIDITY TESTED WATER BOARD ACT SCANNED IN FEDERAL DISTRICT COURT. Paclfle Livestock Company Sue to Hr tralm Hats of Flow From SII vlea River by Others. Contending that the act of the Ore gon Legislature of 1909 creating the State Water Board is at variance with the Federal Constitution, the Pacific Livestock Company appeared as the plaintiff In a suit in United States District Court Thursday. The company asks an Injunction against the Board's authorizing claim ants other than the Pacific company from taking water from the Sllvles River, in Harney County, where the concern has Uli.OOO acres of land. Because the suit attacks the validity of a state law It Is being heard by L'nited States District Judges Bean and Wnlvurinn anil L'nited States Circuit Judge Gilbert, sitting en banc. The Pacific Livestock Company con tends that it has an established right to the waters of the Sllvles River, and that for the State Water Board to give the waters to anyone else Is to take the company's property without due process of law. Arrayed with Attorney -General Crawford, representing the State Wa ter Board In resisting the suit, are George V. Cochran, of La Grande, and C. B. McConnell, of Burns. Assisting them is Oliver P. Morton, special coun sel for the Reclamation Service. The company is represented by Ed ward F. Treadwell. of San Francisco, and John Rand, of Baker. With the Water Board as defendants are named the Harney Valley Improve ment Company, the Sllvles River Irri gation Company. William Hanley and 304 other claimants to water from the Sllvles River. The Pacific Livestock Company Is defendant in a suit filed in the Harney County Court by the State of Oregon, attacking the tUles to the company's 26,000 acres of land. Outside students to Attend. ST. JOHNS. Or.. Sept. 4. (Special.) At least 15 high school pupils from Llnnton will attend the James Johns High School of St. Johns this year. The St. Johns Board of Education acted favorably on the application of the Llnnton students at the meeting Thursday night flxlng the tuition at $40 a year. The Board voted to Install a full commercial course In the high school and employed A. H. Babb as Instructor. Commercial law may be In $2,000,000 Savings Deposits cluded In the course. A night com mercial course will be given In the high school, which outside student) may attend The progressive cities of the Unltsd States and Canada are us ing bltullthlc almost exclusively. It wears It's economical. Swift & Company Union Stock Yards, fhlraso. . ISM Dividend No. 112 Dividend ..f ONE DOLLAR and SFVKNTY FIVE CENTS ($l.7M per share on th capital stock of Swift A Company, w ill be paid on O. t 1st, 1914. to stockholders of record. Sept. 10, 114. as shown on the hooks of th" Company. f. S. HAYWAKD. (Uar.terr TIlAVKLatKS)' il llL. FRENCH LINE Catnpaanle lenernl rosTrAL i TraiiKutlaatiqur. '.K It I". Sailings for HAVRE Rochambeau, Sept. 12, 3 P.M. France - - Sept. 16, 10 A.M. La Touraine - Sept. 19, 3 P.M. Chicago - - Sept. 26, 3 P.M. FOR INFORMATION A1FM Company's Office, 19 State Street, N. Y. OR LO Al. AliKMS. COOS BAY AND Kl'KKKA S. S. ELDER SAII M NBaVVi M:l"T. i. AT A.. NORTH PACIFIC" - i l 'l-Mii CO. Ticket OfftM Trelfht Offlca 11IA Id It. ,! foot .Vorthrup St. MAIN 1314 A lilt li Main b:u3. A ttll AUSTRALIA TAHITI AND NKW ZEALAND. Hound Trip Kate.: I'it.i-- ! I" Tahiti IX, to Welflualon .'07.e, to Sydney S;M. special laille Ot-eaii Tour i Including South Mas lalea), S3:j 1st class throughout. Kound Hie Morld Rates on applUallon. Regular through aervice from San Kranclsco. S. IS. Malt! tlOOO tons) aalla Sept. It. 8. S Mount UO.OftO tons) sails Out. It, 8. 6. Marama (ll.iOO tuna) sells Nav. 11. Send for Pamphlet, talon Hteam.ulp . of . .'aland. US. ortlce: t7 Market street, San aranclai-o. or local 8. S. and R It. agenta. Steamer Georgiana L,e.&vs Waathlngton-itreft Dock M I A. M. Dally. 8uQda, 1.30. tor Astoria and Way Landings Returning Leaves Astoria at J:00 V. M. Fare, (l.oo Bach wa Mats ttat. 5LAMP0RTaH0LTLINEA 0UTH AMERICA TMC WORLD'S tAT GARDEN M BAH1A. ItIO DK JANEIRO, SANTOH. MUNTiCVlLfc.O nd lil'BNOS AYUbW Frequent M I II tiff fruDi .Nrw York by h w and fal lii-iOU-ton puer lemr. BUSK DANIELS, Om. Act., ft flroJia, . Y. Iore B. hniith. til and UaMhlagton Or Loral Agent. UPPER COLUMBIA RIVER EXCURSIONS ON STEAMER BAILEY GATZERT Dally rouud trip lu The DalUs. agiepl oa Sunday and Mondaxl laava t'ortland at J A. M., arrlea on return al M:ta P. r rara 11 eacb way. Sunday, excursion to asrau t Locks. SI round trip: leaa Alder at. Dor k at 9 X M. arrtvo on return at 6 P. M. 1'bon. Main UU or A M12. COOS BAY LINE Steamship Breakwater Sails from AJnaworth dock. Portland. I A. M. Dept. 0. lu. It. 20. II. 10. Freight and ticket offlcee. Iower Alnasrortk dock Portland A Cooa Bay S. H. Line. L. II. liK.VTINtl, Aaealt. I'houe Main ..cm A -MJt. . 8. BKAVEB FOB SAN FKANC1SCO LOS ANGELES A. M., 8KFT. . The Haua rraacsae. A fortius! S. 8. Id and Maahlnglon St.. mltb O.-W. N S3 BE Mao-shall 4S0. A till. OatAiaj to cooa bat. Autos run dally. Dellahtlul trip 1 Ajlsa-ani or lbs Ocassn-hsaosl roatt AH. ransrvtUSSt to O, aauuu.V. Urals . -frI4&"Ba"&fr