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.