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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 14, 1919)
THE MORNING " OREGOMAN, TUESDAY; OCTOBER 14, ' 5919. EXTOirailN HIGH COST OF COAL Consumer Held Up at Every Stage of Transaction. PRICES LIKELY TO STAY Control of Pcoylnl Minea bj Few Bis Corporations Respon sible for' Fuel Scandal. mine t wil J rif.l RF THROW I.IHHT OS HK.H COST OF COAL. Baltimore is paying till win ter for toe coal $1175 per J ton: Baltimore paid for the same coal In the winter 'of U13-1914 $7.25: today's price represents an Increase in cost of li.se. Wholesale price of stove coal in the winter of 113-1914 was S1.S4: margin from the min I operator to the consumer I 13.71: wholesale price or stove I coal this winter is 16.10: margin from the mine operator to the consumer is IS. 65. The averse cost of produc I tion of a ton of coal during I 1(1 op to the present is $3.5864. ; Operator's average profit per iton prior to the war was 10 to ltV&c; operator's average profit :per ton today is 3i to 72c. Average cost of mine labor, e per ton. 1 efore the war was $1.57: average cost of mine la- Koyalties before the war av- I eraged. per ton, 35c: royalty on stove coal today, per ton.- is 1.17. Freight rate, per ton. before the war was $2: freight rate today, per ton. is $2.60. Jobber's profit before the war, per ton, was S to 10c; jobber's profit today, per ton. is 20c. Retailer's .gross margin be fore the war. per ton. was $1.30 to 11 SO; today the retailer's gross margin is $2.50. BT GERTRUDE LEIMBACH, (iaf correspondent of the Baltimore bvenlng Sun.) BALTIMORE. Md.. Oct. 12. (Spe cial.) The excess profits made on do. meatio coal by the coal operators dur ing the war period cost the American public $12,000,000 annually. The increased wages allowed the miners during the war period cost the American public, on domestic coal, 1110.400.000. - The increased royalties charged by the owners of the coal lands to the operators cost the American public this year 132.S00.0OO. The increased freight rate cost the American public $48,000,000. The increased commission charged by the jobber cost the American pub lic $19,000,000. The increase In the retailers mar gin of profit cost the American public 11. oo.ooo. - Increased production of coal was absolutely essential to win the war. The United States fuel administra tion, said Lr. Harry Garfield, fuel ad ministrator, before the hearing of the enate sub-committee on manufac tures, which Investigated the shortage of eo4T. 'did hot see its way clear to rely upon patriotism to bring about this increased production. . larger Profit Meeessary. These larger profits, resulting in the consumer paying a higher price for coal than In normal times, were deemed necessary to bring about in creased production. Coal hasn t advanced as much as food." said a mine operator, as he dis cussed coal prices with me. "so we are not going to let them go down if we can help it." "Wa've made more money during the war than we ever mad in the hUtory of the coal business." said a retail coal dealer, "and we are going to. keep on doing business the way we did it during the war just as Ions; as we can. In other words, the operators of coal min. the Jobbers and coal dealer will continue to charge these exorbi tant profits as long: a the consumer will pay them. When asked why the operators did aot mine more coal, thereby Increasing in proauction. and permitting the law of supply and demand to bring about a lower price, be replied that me essence or successful minina- is to take out as little coal as nniM and sell It for as large a price as possible." Operator Control Supply. "We've just learned to do that in the last few years," he added, with a satisfied smile upon his fsce. The monopoly which exists in the anthracite regions of Pennsylvania enabl the operators to control tbe supply. With the supply limited, and an ever-growing demand. It is figured. rapparenuy, tnat the demand for still hiffher wages, which will be made by the miners when their present con tract expires, enable the sellers of coal to "pass the buck" to the buy ers of coal. This Is tbe situation which con fronts the consumer who is craving for relief from the high cost of liv ing When the president of the United States Issued his proclamation fixing th" price of coal, the investigations of the federal trade commission cov erit g the cost of producing bitumin ous coaL used more largely tor com mercial purp ises than in the house bold, were sufficient in scope to en able It to strike an average upon the basis of which the president fixed the wholesale price of run-nf-mine bitu B'inous coal at $1 per ton. - -Bl-r Fonr" DosUsaat Due to the circumstance that the tr vestigatlons of the federal trade c mmission into the cost of produc tion of household, or anthracite, coal had not advanced far enough, the prices fixed by the president on do mestic sises of anthracite coal used by the consumer were based on a price list issued by a railroad-owned coal company, which practically con trcla the anthracite coal altuation of the country. Eighty-two to 15 per cent of the household coal used In this country is mined In the anthracite regions of Pennsylvania, and the Philadelphia St Reading Coil Iron company, con trolled by the Raading company, owns and leases about 75 per cent of the Pennsylvania anthracite regions. The Reading railroad, together with th Delaware, Lackawanna ft West ern railroad, the Erie railroad and th Lehigh Valley constitute th "Big our" of the anthracite coal indus try. "The price -reular issued by the Philadelphia, ft Reading Coal ft Iron contrary, owr.ed by the Reading rail road, sets the price on household coal charged by the other railroad-owned coal companies." said a coal dealer in Harristmrg. "Not only the other railroad coal companies, but Inde ftAda&t. e)ratora aa well follow the Reading." Admitting that several of tne "Big Four could sell for less than the Reading, whose cost of produc tion is reported to be very high, the coal merchant stated that seldom do th price circulars Issued by the rail road coal companies show any varla Hon in price, while Independent oper ators try to get more when the tie niand is Kood and take les when the demand Is quiet, riaa Beautlfnl Oae. In adldtion to basing prices on those quoted by the dominating member of the "big four." the United States fuel administration took over the distribu tion of household coal during the war period and placed this work in charge of the four representatives of these companies. Arthur S. Learoyd, who had charg of the division of appor tionment and distribution, was gen eral freight agent of the Lackawanna, and coatinued on its payroll through out his connection with the fuel ad ministration. W. J. Richards, presi dent of the Philadelphia A Reading Coal ft Iron company, owned by the Reading railroad, was one of three members of the anthracite committee of the fuel administration. The other two members of this committee were S. D. Warrlner, president of tbe Le high Coal ' ft Navigation company. easod to the Central Railroad of New Jersey, in which the Reading owns a majority of the stock, and Joseph B. Dlckaon aalea agent of the Scranton Coal company, owned by the New lork, Ontario and Western railroad. "It is very easy to trace the cost of ton of coal- from the mine to the general manager," said one of the leading mining engineers and ge ologists of the anthracite regions. during my visit to that section of Pennsylvania. "It Is almost Impossible, however. o find out anything about the coal from the general manager to the pub ic, so Interlocked is the ownership of the railroads, the coal mines and the selling agents. The same bunch owns them all, but so complex is the system of bookkeeping maintained by he big companies, so devious their workings, that it is almost an im possibility to unravel the costs that are -piled on -the coal. In order that each one of their subsidiary compa nies shall pay a dividend all to the same stockholders, mind you." OREGON APPLES IN EAST ARE STEADY Prices Are Well Maintained for Boxed Fruit. comblns. 344354c: half-blood combing and clothing, 45&rt0c; three-eighth clothing and combine. 4.Vi RSe: ouarter-blood cloth ing, and combing, 40 57c; common and braid. S8r50c. MOHAIR 1B18 clip. 43c per pound. TAL1X)W Vrv 1. 10c Der Dound. , CASCARA BARK New, 11c per pound. Oils. LINSEED OIL Raw. barrels. 02.10 raw, cases. $2.2: boiled, barrels. $2.18 Dolled, cases. $2.28. TUHPE.NTINE Tanks. $1.91; cases. $2.01. COAL OIL Iron barrels. 13Vi16c tank waeoni 13V4c: cases. IMwXlc. GASOLINE Iron barrels. 2314c: tank wagon. 2:JHc: cases. 34c: engine distillate, iron barrels, 16c; tank wagon, 18c; cases, :8c. AT YARDS IS LARGE RECEIPTS OVER SUXDAY ARE 115 CARLOADS. Prices Are Steady Throughout Day With Good Demand for All Classes of Stock. SHIPMENTS ON INCREASE There was a good-run of 115 loads of HtrvLr of tt a v..tk T 1 J itaovao- WASHINGTON WHEAT 17.7 BUSHELS day The market was activ. throughout Demand Is Good In Leading Mar kets With Moderate Supplies on Hand Local Trade Slow. Yield of State TM Year Estimated at 45.643,000 Bushel. Washington's 2.573,000 seres of wheat came through the season with an aver. age yield of 17.7 bushels per acre for a 4.1.842,000 bushel .crop, as Indicated In the report of CI. S. Ray and J. K. Jacob- son of the federal bureau or crop est) mates. The crop last year was 26.429.000 bushels harvested from 2,101.000 acres Ith an average yield of 12.1 bushels per acre. the day and on the whole steady. In the cattle division, steers were slow in starting, but sold well enough In the after noon. There was also a good demand for cows. While hog prices were unchanged, there is no certainty that the current top in be long maintained. Sheep and lambs were steady. Receipts were 2221 cattle, 365 calves, 1667 hogs and 1825 sheep. The day's sales were as follows? Weight. Price.l Weight. Price. This Is a larger production than was 1 33 steers. 1003 $ 9.50! 1 bull SINGLE CURRENCy TOPIC INTERNATIONAL- TRADE CON FERENCE PLANS ARE LAID. American Banks' Guarantee of For eign Securities Suggested as Way . to Stabilize Exchange. NEW YORK, .Oct. 13. Establish ment of an "international currency" and the guarantee by American banks of foreign railroad and industrial se curities to encourage their participa tion in the United States, both with the view of stabilizing foreign ex change, are two of the important topics, it was announced today, to be discussed at the International Trade conference in Atlantic City next week. The conference will be attended by representatives of the United States. France, Great Britain, Italy and Bel gium. Preliminary conferences were held today by officials of the chamber of commerce of the United States and the chairmen of the four foreign delegations. An executive committee headed by A. C. Bedford, chairman of the board of directors of the Standard Oil com pany, for months has been engaged, it was said, in preparing data for the visitors as to what America can do toward the financial and commercial reconstruction of the allied nations. Ten main topics will be discussed. as follows: Credit and finance, chem icals., foodstuffs; coal, oil, metals. shipping, textiles, reconstruction sup plies, and permanent organisation. GRANT TO FORM LEGION Armistice Day Selected for Affair at Canyon City. CANTON CITY. Or.. Oct. 13. (Spe cial.) November 11 has been chosen as the date on which the returned soldiers of Grant county will form branch of the American legion. A most elaborate programme Is planned. A committee representing the various towns throughout the county has been chosen, and popular subscriptions will be raised to make the first anniver sary of Armistic day enjoyable for the charter members of the legion. It is planned to obtain a large mess tent and to serve a typical army meal to the visitors. Several prom inent speakers have been invited to attend. Owing to the size of towns In the county it was thought best to or ganize one large branch, taking in the whole county, rather than have several small branches. C. P. Haight, editor of the Blue Mountain Eagle, is devoting considerable time and apace to arouse interest in the movement. There is a good supply of apples on the local market, but Jobbing trade Is not brisk. Farmers are peddling fruit to re tailers and this cuts into Front-street sales. Prices on the whole are steady. Jonathans are quoted at 12.5003, Bananas at $2.50 93: Gravenateins at $1.5092.75; Kings at 11.5002.50; Northern Spys at $1.5002.50, and cooking apples at $101.50. Shipments to the east are increasing, 73 cars of Oregon, going out on the last two days of last week. Eastern salea were telegraphed as follows: At Omaha. Oregon extra fancy Jonathans mostly at $3.50, a few at $3.75; fancy mostly at $3.25, choice at $3. At St, Louis, various cars OC pregons. orchard-run. at 11.756 2.15. - At Pittsburg, northwestern. extra, fancy Jonathans at $3.253.50, fancy at $303. Market conditions at shipping . points were wired as follows: Spokane, Wash. Yakima' Jonathans, ex tra fancy. $2..1602.37tt ; fancy, $2,150 2.20; choice, $1.50 01.90; . Romes, large'. extra fancy. $2.75; fancy, $2.50; Spttzen bergs, extra fancy. $2.35; fancy, $2.20: choice, $1.75. Wenatchee Delicious, extra fancy large. $3.75; fancy.. $3.15; choice, $2.65; small to medium extra fancy, $3.50 fancy, $3; Jonathans, extra fancy, $2.40; fancy, $2.25; small, extra fancy, $2.25; fancy, $2.05. qulry. Demand good, market firm. Boxes, quniry. Demand good, market firm. Boxes, carloads, f. o. b. fisual terms. Wlnesaps, extra fancy, $2.S3&2.50; fancy, $2.1502.25; choice. $1.75; Ganos. extra fancy. $1.S50 mostly $2; fancy, $1.75; choice, $1.50. generally thought possible on account of the prolonged drought. It is due in part to the large area of winter wheat. 92.0Ol acres (double that of last year) with its average yield of 24 bushols per acre. .Numerous reoorts received Indicate that the average yield of the 1.611.000 acres of spring wheat was 14 bushels per acre comDared with .. bushels In l'.J. With an average yield or 4" ousneii per aero. - the Washington oats crop amounts to 11,920.000 bushels, consider ably exceeding last years crop or o,.w 25 steers 26 steers. w steers, rs steers, HISS 35 steers. 1013 25steero. 1102 SO steers. UUO 1 steer. 1120 1 steer. 1120 1035 H.2SI20 mixed. lt3 -10.8iil.12 mixed. 73 o.ool lhog... 8.651 2 hogs.. -9.65123 nous.. 8.751 1 hogs.. 9.001 6 hogs. . B.OOl 1 hog. . . 8.501 2 hogs.. 1 steer. . 1 steer. 26 steers. 900 1110 910 1 steer. . OHO 1 steer. . 530 10 steers.. 1660 KKte.ers. X.V 000 bushels with its average yield of 27 I 25 steers. 824 bushels per acre. -Rased on a high I 4 steers. 10O5 medium grade, the quality is ! per cent compared with 82 per cant last year uiu th.-tan.v,ap average, of U per cent. Rar ev innteatea Droaucuon is -,, 140.000 bushels, based upon a 30-0ushel yield per acre from las.onn acres. iasi year's production was 2.630.000 bushels, harvested from 173,000 acres with an av erage of 152 bushel per acre. Quality Is 89 per cent as against SO iper cent last year, and the ten-year average of 93 per cent. 22 steers. 1115 10.001 7 hogs. . 8.501 ehocs.. 8.50! 23 hogs.. 8.00i 1)7 hogs. . 8.00! 85 hogs. . 8.251 10 hogs. . 9.701 6 hogs.. 9.501 4 hogs.. 9.501 74 hogs. . 8.7.11 4 hogs. i3 steers. 1003 10.001 80 hogs. . steers. 1142 10 HOI 80 hoes. . 2 steers.. . 1220 10301 93 hogs. . s ..-i0il2 hogs.. 1"27 " 8.25130 hogs. . Grain Exchange Closed. The Merchants' Exchange .was closed yesterday, as well as the Eastern ex changes. Wheat buying continued in the country at the usual premiums, but there was not much doing in other grains. Loral receipts were reported by the Merchants exchange as follows: Wht. Bar. Fir. Oats. Hay. Portland. Mon. . RS 40 2 8 Year ago ... 91 .... 9 18 24 Season to date..30S4 107 947 S83 586 Year ago 3877 34 481 oUa wh SAN FRANCISCO PRODUCE MARKET 11165 980 1000 1101 930 1000 1073 843 510 1012 1280 914 979 1102 8,13 80 1100 9.-S3 936 Prices Current on Vegetables. Fresh Fruits, - Etc, at Bay City. SAN FRANCISCO. Oct. 13. Butter, solid cubes. 66 '-c Delta-Olathe district Jonathans, extra 1 57c. - ' . " ' fancy, $2.40r2.50; fancy, $2.25; choice, I Cheese Firsts, 30c; Toung Americas un- 968 , 1035 935 . .1040 940 957 924 960 it 1 , 1 , . . 1 quoted. .uuui i-.T.irca up, uiiiui P.l,rH,., oaf?-?- iucy. ti.io; cnoice, si.uu. quality; roosters, young. 3536c: old. 18. Rochester. N. Y. Haullnza verv heavy; 20c: fryers. 30 33c: broilers. 34tg36c: good wire inquiry Demand active .market ....u. ouiiio urumar? quality. .arioaua, peppers, bell, SO u Tlic box; chile, Jl to 1.50, c o. D. ueual terms. Barrels, Baldwins I according to quality; summer squash, A. 2U. $6.50 0 6.75. few IT. Oreenlnea and - large lug: cream squash, I1B1.20; toma- toes, 75C&I1 large lug: potatoes, rivers. 12.502.60: sweet. 4c lb.: onions.--yellow and white, 12.50 cental; Australian brown. 14 cental; cucumbers, siraii.Ko, according to size and quality: green corn. $22.50 sacs; game, 10.; Deans, string,. 4a 5c lb.: wax. 7&8c: limas. 67c: celery. t ruit Oranges. !4.50ftr6 box: lemons. S56: grapefruit. $3,506 7: bananas. 9c; pineapples, $3.504.50; Bartlett pears. nominal; apples, 3.'i-iler, King, S2: jueile- ket generally steady with' little change in box: 'peaches, 90c & 1.25 small 'box; melons, prices.. Closing: Barrels, New Yorks, A crate, casabas. 00&8;c; honey dew, 75c& ;u.in n f r.r..nK.. trui. nn t. watermelons, isri.c lb.; cantaloupes. ounce. $7.50; Baldwins. $707.50. Virginia gle layer box: white, idctfH 'single layer; A 2 14 -in. York Imperials, $7, Missouri A raspberries, 13.r01r)5 chest; strawberries, 24-ln. Jonathans. $8.25 0 9: Grimes. ss ,I41.n.:5'ack.berr!e- $11014; huckleber- - , . ' . ' 7 . ries, hiujibc id.; plums, liwi.50; grapes. "w osrreie: Mew xora A Malaga. $1.2501.50 crate; seedless, S3&3.23 n-in. iu i. iireenings, $7.50; Tompkins Marge lug oox; i-OKay, 1.251.75 crate: King, $7 0 7.50; Wetlahys. IS0 8.50: A 2- ?n.Bte8' 4-B.o box; persimmons. 8-in., 20-ounce, very few sales. $7. Martlnsburg. - W. Va. Demand good. market firm. Carloads f. o. b. usual terms. Barrels, A 2H-in. York Imperials, $6,250 6.75; Ben Davis. $5 0 5.50: Stay-mans, $7. The apple market at Chicago and New Tork for the past week was summarized by the bureau of markets: 8upplles moderate; demand good; mar- I 26 steers. 23 steers. I steers. 1 steer. . 8 steers. - 6 cows. . 14 cows. . 1 cow. . . 14 cows. . 36 cows. . 1 cow.. . 30 cows. . 1 cow.. . 5 cows. . 20 cows. . 4 cows. . 34 cows.. 11 cows. . 3 cows. - 8 rows'. .' 3 cows. 3 cows. . 10,0 L'7 con s. .. 10-S4 a cows. 11 cows. ' cows. 7 cows. S cows. 29 cows. . 29 uows. . 28 ( owe. 4 cows. . 1145 8 cows.. 1145 5 cows. - 978 ' ! cows. . 675 - 25 cows. . .1072 25 cows. . 10S5 27 cows. . 10S5 4 cows. 1060 cows.. 1025 ! cow-s. . 970 15 cows. . 1055 7 cows.. 1041 5 cows.. 1016 20 cows. . 11 cows. . 1 calf. . . 2 calves. 4 calves. 1 calf. . . 2 calves. 1 calf. . . 2 calves. 6 calves. 40 calves. 39 calves. 'a calves. 9 calves. 6 calves. 3 calves. 81 calves. 1 bull. .. 1 bull. . . 1 bull... 1 bull... 1 bull. . . 1 bull. . 1070 7.00 957 9.85 1020 7.00 400 14.00 330 14.00 ISO 14.50 301 13.75 352 13.55 2110 13.60 425 13.50 307 13.90 156 13.73 217 16.00 194 16.00 224 16.00 274 15.00 195 15.50 312 15.00 221 15.65 217 15.50 217 15.50 217 15.90 118 15.00 ISO 15.65 212 15.35 '211 15.75 204 15.50 125 15.00 193 15.50 246 15.50 249 15.50 21P0 15.50 266 13.50 300 14.50 185 13.50 293 14.50 63 9.50 8.85 42 hogs. . 8.0O1 32 hogs. . 8.851 2 hogs.. 9.001 30 hogs.. 7.151 5 hogs. . 4.501 17 hogs. . 8.001 21 hogs. . 8.O0I Ohogs.. 7.001 lhog... 7.75110 hogs.. 7.001 6 hogs.. 5.001H2 lambs. 7.00:10 ewes... 113 6.50 8.0(li26yearl.. 127 9.00 0.851 8 steers.. 1000 9.00 7.351 1 steer. . 1000 7.15 7.751. 1 steer. . 1100 9. 00 7.751 1 steer.. 650 8.00 7.751 2 cows... 795 6.50 7.851 2 cows..-. 935 4.25 .8.201 1 cow 970 8.15 8.501 1 cow 850 7.50 7.001 1 cow 1050 5.00 5.50127 cows. .. 976 7.75 7.00IV8 cows... 1065 8.15 8.001 1 cow 760 6.50 7.731 1 cow 980 7.50 70ol 8 cows... 3071 7.00 7.00126 cows... 1026 6.00 7.501 ocows... 800 6.50 8.0OI 1 Cow 880 3.50 7.001 1 cow 1150 ' 7.65 6.00 25 cows. . . 1051 8.00 .8.35112 cows.. . 970 6.25 8.501 1 cow 770 4.25 B.00I lcow.... 1207 8.13 6.001 lcow.... 970 7.50 7. 75120 cows... 917 7.75 5.001 7 cows... 963 6.50 7.251 lcow 8O0 8.15 8.001 2 cows... 925 5.25 7.001 9 cows. .. 851 7.55 973 8.001 5 cows-. . . 921 8.00 987, 8.00118 cows. . . 760 8.00 270- 11.00128 cows.. . 962 5.00 310 8.001 2 cows... 1225 7.00 192 15.00' 1 cow 1130 6.00 160 15.00111 cows.. . 1050 7.63 85 n.oolir cows. . . yen 7.50 230 10.001 36 calves. 286 12.50 105 16.001- 1 calf. .. 160 15.00 291 11.001 1 heifer.. 690 7.00 205 15.001-B heifers. .7.2513; stocker steers, $8.23010.25; . western n,iiB J - , ' heifers. $6.50 12.50. Sheep Receipts 38,000, weak. I-ambs. $12.250 15.50; culls and common. J8.50W 12: ewes, medium, good and choice. $6.25 7.25: culls and common, $3&6; breeding, $6.75 012.50. - Omaha livestock Market. OMAHA, Oct. 13. ttJ. S. Bureau of Mar kets.) Hogs Receipts 2S00, 1015c higher. Top, $15.60; bulk, $14.50 14.85; heavy, $14.7515; medium weight, $14.85 15.50; lightweight. $14.85015.50; heavy packing sows, smooth. 14.soBn.io; pac- j lng sows, rough, inw-is-ou; pigs, tin 16. Cattle Receipts 33,000. beef slow. Butcher stocks, feeders, 25 50c lower. Beef steers, medium and heavyweight, choice and prime. $15.25017.50; medium and good, $10.5015.25; common, $9.25 10.50; lightweight, good and choice, $15 18; common and medium. 9.T515; butcher cattle, heifers, $711.75: cows, $6.50011; canners and cutters. $506.50: veal calves, light and heavyweight. $110 14; feeder steers, $7.50012.75; stocker steers, $6,75 810.25. Sheep Receipts 30,000, 25 50c lower. Lambs, 84 pounds down, $13.45015.25; culls and common, $8013; yearling wethers, $0011.25; ewes, medium and choice. S0.25ttf7.25; culls and common, $2.5066.25. Seattle livestock Market. SEATTLE, Oct. 13. Hogs Receipts 362, steady. Prime, $t5.50& 10.50: medium to choice, $14.50ro 15.50; rough, heavy. $131814.60: Pigs, $14015.50. Cattl! Receipts 14, steady. Best steers, $10 5011: medium t choice. $8.50g9.7o; common to good, J5.50IB 7.50; best cows and heifers. $7.509; common to .good cows, $507.25; bulls, $57; calves. $.0 14. Indian Land Sale Announced. LEWISTON. Idaho, Oct. 13.---(Spe-cial.) The Indian agency at Fort Lapwai has announced the sale of 3890 acres of Indian lands to take place December 1. The appraised value of this land is $160,000, and bids for tracts will be received at the agency offices up to 2 P. M. on the date of sale. The agency has issued r-ules for the sale. DAILY METEOROLOGICAL REPORT, r.n.r ixtn l:t Maximum tem- 'n Ha.rcpR minimum. 52 degrees. at 8 A. M-. 1.0 foot: change In last 24 hours. 0.5 foot fall. Total rainfall (5 P. M. to 5 P. M.). 0.01 inch; total rain fall since September 1. 1919. 3.6o inches: i .nif.n EinpA SeDtember 1. inches: excess of rainfall since September 1. 1919. O.ZS incn. nuniuc. r-'' sunset. 6.29 P. M. Total sunshine October 13 5 hours: possible sunshine, 11 hours 4 minutes.- Moonrlse. 9:32 P. M.:. moonset. 12-38 P. M. Barometer (reduced to sea level) at 5 P. M.. 30.09 Inches. Relative humidity at- 6 A. M. 88 per nt: at 1 P. M., 74 per cent; at 6 P. M.. 64 per cent. THE WEATHER. EXEMPT FROM ALL FEDERAL I.ICOME TAXES. j . . 321,000.00 Power County, Idaho CRYSTAL HIGHWAY DISTRICT DIE! SERIALLY MAY 30. 1030 - S. THE CRYSTAL, HIGHWAY DISTRICT embraces the most productive portion of the fertile county of Tower. The full faith, credit and all taxable property within the limits of the district are pledged to pay the interest on and principal of these bonds promptly when and as they become due. PRICE: To Net 5.25 i i LIBERTY AND VICTORY BOINUS If you must Sell your Liberty or Victory Bonds. SELL to us. If you can BUY more Liherty or Victory Bonds. BUY from US. Ou Monday, October IS, 1919, we paid the following prices (plus the ac crued interest! for United States government liberty and victory bonds, which were the closing New York market prices on Saturday, October 11. Monday being a holiday. Thev are the governing prices for liberty and victory bonds all over the world, and the highest. We advertise these prices dally In order that you may plways know the New York market and the exact value of your liberty and victory bonds. 1st 2d 1st 2d 84 4th Victory Victory SH 4s 4s 414s 4"is 4is 4' 8H" Market 100 12 S5.20 94.10 85.40 94.26 95.86 94.20 99.82 99.80 Interest 1.1 1.32 1.60 1.40 1.76 .34 2.11 1.50 l.0 Total 101.28 06.52 95.76 96.80 96.02 96.20 06.31 101.32 101.70 When buying we deduot 37c on a $50 bond and (2.60 on a $1000 bond. Wa sell at the New York market, plus the accrued Interest. Burglar and Fireproof Safe Ueuosit Boxes for Bent. Open Until t f. U. on Saturdays. MORRIS BROTHERS, Inc. The rremler Mnniripal Bond House. Capital One Million Dollars. Morris Building. 309-311 stark Street. Between Fifth and Sllth Telephone, Broadway 2151. Established Oter S3 Ye I $1.502 box; cranberries, $4.254.50 box. Seattle Feed and Hay. SEATTLE, Oct. 13. City delivery: Feed Mill. $44 per ton; scratch feed, $80 per ton; feed wheat $80 per ton: all grain choo $73 per ton; oata $61 per ton; sprouting KELSO GRANGE TO BUILD Warehouse Company Organized With S 10,000 Capital.' KELSO. Wash.. Oct. 1Z. (Special.) The Grange Warehouse company of Kelso was organized at a meeting ol Cowllts county grangers here yester day. The company is capitalised at $10,000 and most of those present took stock In the concern. R. I. Case, state organiser, was present to assist with organization and to explain the sys tem. This is the 35th grange warehouse company organized in Washington. Frnest Doble of Mount Pleasant. B. K. Blair of Eufaula, C. S. Hill of Oak, I'oint. v imam Lyont ot ustranoer ana "V. C Patterson of Kelso were elected trustees. Later Mr. Doble was elected president. Mr. Blair vice-president and Mr. Patterson secretary-treasurer. in. i-nows, $7.50$8; Jonathans. $10; Hub- bardstons, $6; Mcintosh. $10.5011. Mas- chusetts A 2V4-ln, itclntosh. $8 8.50. Maine A 2H-in. Wolf Rivers, $60.50. En Tradins: is blow. The butter market was ouiet hot the I oats $70 per ton; rolled oats. S64 per ton best grades of cubes were firm and extras whole corn 73 Der ton: cracked corn, $75 we quoted at-HIl cents. . . - y.- iu", viijju wr aieaay t last weeks prices. t.v iru.,.rn w..kir.t. with only a moderate demand for the I mixed, $36fe37 per ton; double compressed, ugni receipts ot Oregon. 140 per ton; alfalfa. $31932 per ton Poultry was plentiful, especially light I straw. $1518 per ton; Puget-sound, $31 bens and heavy springs, which were hard per to move. Dressed meats were unchanged. 01 15.001 1 cull. 247 10.001 1 bull. .. . 360 11.001 1 bun 203 16.001 3 bulls. .. 190 16.001 1 bull 270 12.501- 7 mixed. 1290 6.501-84 hogs. . . 1480 6.501-14 hogs. . . 1170 5.50,12 lambs. 1190 6.25124 lambs. 1570 6.501 6 lambs. 129 0 7.001 4 yearl . . Uvescoc. at 776 1220 1280 1190 1473 1210 1062 4.00 5.00 6.00 6.00 6.00 7.50 9.25 206 15.85 209 13.85 80 12.00 81 9.00 81 12.00 107 7.00 tne loco. STATIONS. Wind Weather. Quotations on ards lollow: Cattle Best steers ' i n soaio.so Good to choice tteers 9.00& 9.50 ralr to sood steers . 7 ut6i N Ort Common to fair steers 6.00 H 6 75 Choice cows and heifers 7.500 8.25 tiood to choice cows and heifers 7.00 7.50 Medium to good cows, heifers. 6.00t? 7.00 x-ttir.-io meoium owa --oetrera - o.vooy Ti.uu PORTLAND MARKET QUOTATIONS. Grain. Floor. F'eed. Etc. No session Merchants' Exchange. Government basis, $2. :0 per WHEAT- bushel. FLOUR New crop patents. $11.15; bak ers- bard wheat. $1 1.15 4r 1 1.75; whole wneal sio.uv; graham, $10.25; straights, $10.50" . M1I.LFEED Mill run, f. o. b. mill, car lota tons lots or mixed cars. $30: ton lots or over, delivered, $1.5002 extra; rolled barley, $68: rolled oats, $00; ground oariey, son; scratcn leea. s t s. CORN-Whole. $70; cracked. $72. HAY Buying prices, f. o. b. Portland: Alfalfa, $2&tr29: cheat. $17619; clover, $'-'l22; oats and vetch, $21622; valley timotny, e-ov-a. Naval Stores, SAVANNAH. Ga.. Oct. 13. Turpentine firm, $1.551.5814; sales, 258; receipts. 149: shipments, T: stocks. 7,502. Rosin firm, sales, 198; receipts, S78: shipments, none: stock. 32,322. Quite: B. D.. J17.03: E.. 17.2540: F.. i7..i: u.. eiT.soras.i; H.. is. ; l., sio.oo K., $21: M.. $20.20; N., $21.; WG.. $21.50; WW., $22.25. Kansas City Livestock. KANSAS CITY, Oct. 13. Sheep receipts. Canners Hulls ... timothy. Calves blockers and feeders. . Hois Prime mixed Medium mixed Hough heavies Pigs Sheep Prime lambs Fair to medium lambs Yearlings wethers Ewes 4.75 4 5.75 , . O.OOOJ 7.00 .. 8.00 ' 16.00 .. 7.60 9.23 . . 15.501B.00 . . 15. 00(a 15.50 . 12.50(914.00 . . 14.00 lit 15.00 . . 11. 50912.00 .. 10.50igpll.00 .. 7.50 3.00 .. 7.50 0 8.50 . . 5.00 0 7.00 Chicago livestock Market. CHICAGO, Oct. 13. Hobs . Receipts 4.000. higher. Heavy. 14.60 15.40: medium, $14.75 15.60; light, $14.60 15.40; light light. $14.25(915; heavy pack ing sows, smooth. 114 ' 14.50: nai-kina- 19,000 weak. Lambs. $l.tW15.75; culls and sows, rough. $13.25(&)13.75: Digs. I12.504H common lambs, $8&12.50: yearling f 14.75. weathers, $9.50l 10.50: breeding ewes, $7 Cattle-RecelDts 32.000. weak. Beef 614; feeder lambs. $1113. steers, medium and heavv. choice and Drlme. Iltt.50(fr 18 .75: medium and ffooH London Financial Market. II Hi 16.50: common. $8.50ill: light, good LONDON. Oct. 13 Bar silver, 6-'id per and choice, 14fl 1H.60; common and medl- Baker Boise Boston Calgary Chicago .... Denver Des Moines. . Eureka Galveston . . Helena Juneau Kansas City. Los Angeles. Marshfield . Medtord Minneapolis New Orleans New lork. . . North Head. N. Y'akima. . Phoenix Pocatello ... Portland .... Roseburg . .. Sacramento . St. Louis. . .. Salt Lake... San Diego. . . San Frauci'o Seattle Sitka Spokane .... Tacoma Tatoosh Isl'd Valdezt Walla Walla Washington Winnipeg . . 441 5410.00114 N Cloudy 441 8410. 00I12INW Clear 38 5610.001. .IS Clear 301 4S10.02I..IN IPt. cloudy 481 6210.00!. .ISE (Cloudy 44 6810.001. .INE IPt. cloudy 441 OOiO.001. .iSK IKain in n no'i UNWICIear im soio.40ii0is IPt. cloudy 46 46!0.14!..INWIClouoy 40 44'0.06l. .!E ICloudy 4S 66IO.0OI12ISE ICloudy 58 74 0.001. .SW IClear . 64,0.0010!NWICIear 34 6810.001. .INE IClear 42 5410.201. .!SE Rain T-t Qfa n mil s U'lear 401 60!o!ooil4'S IPt. cloudy 501 5210.04 lOiNWIPt. ciouuy 44 7010.00 . .ISK ll.iear ri Biln on IMWK-lear 40 54!o!ooli41SE IPt. cloudy 52l 6410. Oil.. INWIClear 44 80.0010IW U'lear 5SI 7410-OOIlOlS IClear jut an'.n r.n! IK ICloudy 42 0610.'ooilONWPt. cloudy 62l 6810.00!.. INWIClear r.4 ssio.ooiisiw . ICloudy a21 1,U. 1 Ul . . li'i . t iwii ;ts 50I0.001 . .1 IPt. cloudy 401 64 46 30 521 401 32 j iO.OOI. .IN BSI0.14I12IN 5010.12! 4410.04 6210.001 OOlo.OO 420, 00 IClear IClear NE ICloar . . ..IRain S IClear' SE IClear N IClear tA. M. today, day. P. M. report of preceding 1-nRF.f-ASTS. Portland and vicinity Fair; gentle nnrth.pltf wlndR. Oregon and Washington Fair; gentle northerly winds. Idaho Fair. . With a supply of natural gas, Shreveport, La., gets gas for heating, lisrhtiner and cooking at la cents thousand feet, less 10 per cent for prompt payment of bills, and elec- Dalry and Country Produce. BUTTER Cubes, extras, 61c lb.; prime firsts. 60c: prints, parchment wrappers, box lots. 60c ; cartons, 67c; half boxes, 14 c more; less than half boxes, lc more; but- terrat. ,o. 1, nun-oic per pounds. CHEESE Tillamook, f. o. b. Tillamook; Triplets. 30c: Young Americas. 31c: long- . horns, 31c; Coos and Curry, f. o. b. Myrtle Point: Triplets, 29c; loung Americas, 30 ic EGGS Oregon ranch, candled, 66 98c: selects. 70c: eastern, 55'3 75c. POULTRY Hens. 23 30c; broilers. 23 28c; ducks. Souoc; geese, 20c; turkeys. 36c. VEAL Fancy, 26V4c per pound. PORK Fancy. 24c per pound. ounce. Money, 2 per cent. Discount rate, short bills, 4 per cent; three-month bins, 4 per cent. Chicago Dairy Produce. CHICAGO, Oct. 13. Butter, unchanged. -Kgs rteceipts to7 cases, unchanged. Poultry Alive. higher. Snrinss. - 23c: fowls, lS(u-c. Exchanges Are Closed, New Tork. Oct. 13. The financial and commodity exchanges were closed today. Columbus day. Minneapolis Grain Market. MINNEAPOLIS. Oct. 13 Karlev. 11.03 am; $814; butcher cattle, heifers. $6.25g 13.75; cows, 10(12.50: -canners and cutters. $3ir6: veai calves, $l'i'17: feeder steers. Investors read Y The W&II Street Joranal fir Room for Xurses Provided. Fruits and Vegetable. FRUITS Oranges. $6.507.50: "NORTH BEND, Or.! Oct. 13. fSne- lemons, I rial. 1 An snnrnnrlailnn r.f nn Has $668.50 box; grapefruit. $8.25S.50 box; hfi(in ailthnrilAri hv tn ,, ha.. bananas. 9Vi01c per pound: apples. $lto - . 3 per box; grapes. $1.252.75 per box. 01 tne rtea -ro5 ir me purpose Of lip 11c per pound: casabas, 3 4c per purchasing furniture and equipment COLUMBIA INSTITUTE HELD Teachers at St. Helens Hear Dr. Foster and Dr. Miller. ST. HELENS, Or.. Oct. 13. tSpe cial.) The Columbia county annual teachers' Institute concluded a three day session Friday evening. Of the 117 teachers in the county 114 were present. The programme included a special course of study for teachers and helpful suggestions as to the con duct of the school work. Dr. William T. Foster of Reed college. Portland, and Dr. Irving Miller of the Wash ington Normal school, Beilingham, were the principal speakers on the programme. A county athletic association was formed and 64 of the teachers en rolled as members of the atate teach ers' association. Normal Building Is Resumed. LEWISTON. Idaho. Oct. 13. (Spe cial.) After a delay of almost two months, due to shortage of material and labor, work on the new $150,000 state normal administration building has been resumed. Concrete is now being poured for the foundation. Steam pipes from the central heating plaat will soon be laid and It Is ex pected that work on the superstruc ture will start soon. pound: peaches. V0c$$l.x3 per box; pears, for the fitting up of an emergency $2.253 per box; cranberries. $4.73 per room in the hiirh school here. In ad- 2Ue2Hc pfr dltion to serving as emergency quar- sr crate: beets, ters the room and equipment will be imbers, 75cT$l used in conjunction with the nurses' per box: egg- one year training course, which was H'.p!i' 2 5 o??! recently Instituted by the board of K. squasn. 1 'ic ,,, i nnn. w- 1 . . ; -e . , Phone your want ads to The-Ore- gonlan. Main 7070, "A 6095. " - OOX. , nound: lettuce. 12.25 S3 ner crate: beets, ters ine room ana equipment will be $2.5002.75 per sack: cucumbers, 75cT$l used in conjunction with the nurses box; tomatoes. Soc$r$2 plant. 7 4 & 9c pound: tuml per pound: pumpkins, 2c per pound; eel- education under the direction of the ery. 75c!g$1.25 per dozen: peppers. 7c city health nurse, Mrs. Marion Lang-1 per pound; borseradish, 15c per pound; I enberg. garlic. 4;c per pound. 1 POTATOES Oregon. $282.25 per. sack;! sweet. .-"HOoc per pound. ONIONS Oregon. 3 Vie per pound. Staple Groceries. Local Jobbing Quotations: SL'GAR Sack basis: Fruit or berry, $9.76: beet. $9.66: golden C. $9.26: pow dered, in barrels, $10.36; cubes in barrels. $10.51. NUTS Walnuts, 2sfM0c; Brazil nuts. 30c; filberts. 33c; almonds, S7(?3Sc; pea nuts, 15616c. SALT Half ground, 100s, $17 per ton; 50s. $18.75 per ton; dairy, $26.50028 per ton. RICE Blue Rose. 14e per pound. BEANS White. 10c; pink. He; lima. 18c per pound; bayous, 8c; Jlexlcan red. 7c. COFFEE Roasted, in drums, 39 30c. Provisions. Local jobbing quotations: HAMS Aall sizes. Choice, 38337c; standard, 34 8 30c; skinned, 28 S 33c; pic nic. 24c: cottage roll. 28c. LARD Tierce basis, 34c; compound. 25c per pound. DRY SALT Short, clear backs, 289 33c: nlates. 2C829o: exports. 29032c. BACON Fancy, 48 51c; standard, 41 1 642c; choice. Sic. Hops, Hides. Wool, Etc. HOPS 1919 crop. SOeSOVjC per pound. HODES Green. 28c; salted, 32c; calf skins, 83c; kips. 55c; dry hides, 42c; dry I calfskins, 80c WOOL Territory staple. 48 58c ac cording to shrinkage; clothing or French MORTGAGES Do you receive 6 net? Our clients do, on high-grade farm and city mortgages. They get the highest rate of interest consistent with absolute se curity. WESTERN BOND & MORTGAGE COMPANY 80 Fourth Street ... Portland - - Oregon . . .M.,.......,,,M.M,W, M I--,- WAKHUl.l BKOS. to. FACTS NO. 470 THE LURE OF THE ROAD This was the banner season for tourist travel. The roads 'were lined with autos filled with peo ple traveling for business and pleas ure. With six mil lion auto v e h i c les in the country, travel by motor can be mul tiplied and made . pleasant if the roads are paved with IBITULITHIC : 4 $ Hie Wall Street Jaunial Investors read The WU Street Jounial Investors read The WII Street JsutmI & tr ' '' '' Q) HALL & COMPANY BUT AND SELL, Railroad Public Utility Industrial Municipal BONDS TIELDINQ 5 to 7 Foreign Government Loans Local Securities Preferred Stocks Lewis Bldg Portland, Or. City of San Antonio 5 Bonds EXEMPT from all Fedeftil Income Taxes. Legal invest ments for savings banks and trust funds in New York and Connecticut. Assessed valuation of all taxable prop erty, 1918, $130,368,000. . Net bonded debt as officially stated, $7,696,370. Population, present estimate, 145,000. Due 1931 to 1956.. At prices to yield about 4.80 Ask for Circular OR-254 The National City Company Correspondent Offices in over 50 Cities Portland Yeon Building Telephone 6095 Main Bonds Acceptances . Preferred Stocks 7.18 Is the Yield of Paige-Detroit Motor Car Company 7 Cumulative Preferred Stock when purchased from us at $97.50 and accrued dividends. Par value of shares $100 Dividends payable quarterly Redeemable on 30 days' notice, at 105, up to October 1, 1939, when issue to be redeemed at par, according to Michigan law. Total Net Assets.... . .$6,016,257 equal $200 per share Net Current Assets $5,011,003 equal $167 per share Net earnings last year 4 times dividend requirements; first six months this year thirteen times. Preferred stock followed by common stock, having $5,700, 000 current market value. Lumbermens Trust Company Bonds Trusts Acceptances Lumbermens Building Fifth, and Stark Six Hundred Thousand Dollars in Capital and Surplus INVESTMENT SECURITIES We specialize in Government bonds and other Invest ment securities. This firm was founded in 1865 and we have clways endeavored to recommend to our. clients conservative investments. As members of the' New York and Boston Stock Exchanges we are pre pared to execute orders for the purchase or sale of se curities on a cash basis in large or small amounts. A circular describing several issues of desirable, investment securities irill be sent on rcqueH. Kid cl e Pe ah o dy & Go. iij Devonshire St. 7"Wall Street Boston .KewYoa-lc Mitchell, Hutchins & Co., Inc. The RooKtry, Chicago Wilson-Heilbronner Co. Announce their acquisition ot the E. F. HITTO.V A CO. WlIlKt AND SERVICE - and the offices at 201-S02-203 RaUwmy Exchange Bull dinar Tker nave direct wire connections with erery exchange In the country, and will bmj or acll any Railroad. Industrial. Steel, Copper, Grain or Cotton Stocks or Bonda traded In. YOUR BUSINESS IS COURTEOUSLY SOLICITED. Wilson-Heilbronner Co. THE HEIIBRON"ER CO. Butte, Mont. PORTUAtfn. ORKCOS. Phonesi Main Correspondents! E. F. HUTTOI A CO, Nr York. CLEMENT, CURTIS A CO, Chicago. HAYUEN, STOAE CO, Boston. Anglo-French Bonds To Net 7.65 Government and Municipal Bonds Bought and Sold FJ.Devereaux R(5mpany 87 Sixth Street Broadway 1042 Ground Floor Wells-Fargo Building ROBERTSON & EWING LIBERTY BONDS FEDERAL TAX EXEMPT New York Quotations, Interest Included. 6 3Va 910127 ' First 4. fJt BONDS Second 4m 5.74 UVUlO First 44a 86.79 T . ... second 4s iHi.oi Local Securities Third 4Vis 06.19 . T ,, , Fourth 4 vis 96.30 20 1-8 Northwestern Bak victory 4s..... 101.69 Building .We B"AmntUA,,y PORTLAND, OR.