Morning Oregonian. (Portland, Or.) 1861-1937, February 25, 1920, Page 9, Image 9

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    TIIE 3ICIL!TTICC CirCCT IX. T7TDXESDAT,- FEBRUARY ZZ, i020
WEYERHAEUSERCUTS
OF
Step tor Stabilize' Abnormal
' Market Announced.
BUILDING CURB FEARED
"Price Has Advanced rntil Com
panies Are Ashamed to Take
Money," Declares Manager.
SPOKAN'E, "Wash... Feb. 24. As
measure looking toward st&bllixation
of the lumber market, price reduction
which it was declared would amoun
to 10 to bo per cent under present
prices, were announced here today by
L. S. Case,, manager of the Weyer
naeuaer Sales company, distributing
agency for 11 lumber mills controlled
by the Weyerhaeuser interests. The
reduced Drices. it was declared, would
remain effective at least until'June 1
An announcement of the reduction
f prices to the January level, ef
fective immediately, declared thathe
demand for lumber exceeds the sup
ply; car shortage and other trans
portation difficulties have restricted
deliveries;, price advances -have been
frequent and irregular, and buyers
have bidden against each other until
the demoralized condition of the lum
ber market threatens, to discourage
all construction.
Speculation la Opposed. -
Lumber prices are now J5 to $25
per thousand above the January
prloea and further advances are in
prospect, it is declared. . The output
of the company's mills, which will be
run on full capacity, will be turned
to the retail and the industrial con
umer, with the elimination of the
peculator to the fullest extent poo
Bible, it is stated.
J. P. McGoldrick of the McGoldrick
Lumber company expressed great sur
prise this afternoon when informed
of the action of the Weyerhaeuser in
terests in reducing wholesale lumber
prices from 10 to 30 per cent. ie
said that he did hot anticipate any
reduction in the price of lumber mar
keted by his firm. 4 ,
Prices Rise Too Iltxk, Is View.
"I don't know what their prices are
or what their intention is in making
this cut," he said. "I know our prices
and what It is costing us to produce
lumber. The demand is heavy, the
supply is short, and the cost of pro
duction is greater taan ever."
The Weyerhaeuser group, one of the
largest lumber operating concerns in
the United States, has widespread in
terests in the Inland Empire, sur
rounding Spokane, on the coast and in
Minesota. Six of the biggest lumber
plants in the Inland Empire are mem
bers of the Weyerhaeuser group, in
cluding the hotlatch Lumoer com
pany, Potlatch, Idaho: the Humblrd
Lumber company of Sandpoint. Ida
ho; the Edward Rutledge Timber
company of Coeur d'Alene, Idaho; the
lover Lumber company of Dover, Ida
ho: the Honner's Kerry Lumber com
pany of Bonner's Ferry. Idaho, and
the Boise-layette Lumber company of
Boise. Idaho.
Mr. Case stated that the price ot
lumber has advanced to such a high
mark because of speculation that the
companies are ashamed to take the
money.
"I worked for many years to raisfl
the price of lumber and now we feel
that the advance has gone too far,"
said Sir. Case. "Speculation in lumber
is the reason for this and we can re
duce the prices and still make a rea
sonable profit.
.taction Market" Rales.
"The situation is due largely to the
fact that uncertainty as to deliveries.
. owing to car and transportation con
ditions coupled with tlfc present ab
normal demand for lumber, has led
buyers to bid against each other, lum
ber available for early delivery com
manding a high premium.
"This has resulted in what is termed
an 'auction market.' which is always
irregular and uncertain and most de
moralizing to buyers and consumers.
with its constant threat of price ad
vances not to be measured or fore
seen.
"The interests comprising the so
called Weyerhauser group have come
to recognize that this condition or tne
lumber market is injurious to the
public and to Industry generally.
Advinrri Deferred Till Jane I,
"They feel that the level of lumber
prices reached early in January is
sufficiently high to compensate the
industry: that further advances will
be unduly burdensome to the public
and are not warranted by existing
-conditions, and that the time has
. come to. call a halt. Lumber is sell
ing freely today at prices ranging
' from $5 to 1 25 per thousand above
" the early January prices.
"They realize that tho combined
output of their mills is not great
enough to have a decisive influence
on the market, but feeling that some
one mun i.ikc l it c hi si dvcii. iufj
9 have committed themselves to a policy
which, if adopted by the lumber in
dustry generally, will largely amel
orlate the -situation.
"This group of mills, therefore, -an
nounces that for the time being, and
at least until June 1. which covers the
whole period of spring buying, they
will make no advance In prices."
when the fire department, -the - Boy
Scouts and other agencies will co
operate with the Red Cross in gather
ing up the bundles, of waste paper
which Portland residents are, asked
to leave upon their porches.
C. A. Blgelow, commissioner of
public ' improvements, has promised
the co-operation of the fire depart
ment in every- way possible. All the
fire stations will be receiving centers
for the, paper. Those persons, who
have methods of conveyance of
their own are asked not to wait until
the day of the drive, but to haul their
own papers to the -nearest fire sta
tion in order to facilitate the. collec
tion by the Red Cross.
- Many homes,- not -noting- thepost
ponetnent of the date of the- paper
drive, which was originally scheduled
for last. Saturday, placed their paper
on- their porches, whence it was re
moved by unscrupulous junk dealers.
The police are working with the Red.
Cross in apprehending and prosecut
ing these dealers.
The Red Cross shop, that branch
of the Portland Red Cross which is
undertaking the paper campaign, has
been practically the support of the
chapter for the last year, public sub
scriptions having fallen off since the
war. - - . '
LENROOT - BOOM STAHTED
WISCOVSIX SENATOR CTIGED
. FOB REPUBLICAN CHOICE.
Campaign May Fot4(ew Aspect on
f Situation in Xorth Dakota With
--. - Rival for Johnson.
BOURBON BACKS HOOVER
WASHINGTON' DEMOCRAT WILL
START NON'-PARTiSAN' BOOM.
Idea Gained Following Trip in
- California Prestige Is Held
Sufficient for Success.
SEATTLE, Wash., Feb. 24. (Spe
cial.) Democratic politicians did not
have time to get back from the trains.
whither they had gone to see the out-of-town
committeemen and politicians
in ordinary on their way home, when
word beg-an to find its way about that
Herman w. Ross, vice-president and
O R EG ONI AN NEWS BUREAU,
Washington, Feb. 24. A boom for
Senator IrvinL. Lenroot of. Wiscon
sin as a candidate for the republican
presidential nomination was launched
actively tonight at a dinner given in
the Wisconsin senator's honor at the
New Willard hotel-
'The Lenroot boom will b studied
for its effect in several of the states
from Wisconsin west, where it has
been taken for granted that the con
test would be fought out between
Wood, Lowden, Hiram Johnson and
Poindexter. All of these candidates,
it is. seen at a moment's glance, are
likely' tobe at a disadvantage if Lenroot-is
swung in against them.
He is a native 'of that section of
the country and of Swedish extrac
tion. Every Scandinavian In Minne
sota and the Dakotas as well as in
Wisconsin has heard of Lenroot.
The situation in North Dakota is
the most curious in the progress of
the republican pre-convention cam
paign. It looks now as-though Hiram
Johnson will be the only republican
candidate put forward in the pri
maries next month unless Lenroot
enters.
ROCKPILE COSTS LEARNED
Expense of Operating Rock pile at
Kelly Butte One Month $1106.74
It will cost the city of Portland
$1106.74 for one month's operation of
the rockpile at Kelly Butte quarry?
according to a bill submitted by the
county, commissioners yesterday for
TAnArai manner of th ThHvu-J approval by County Auditor Martin.
county officials in permitting the city
to use the quarry was that the mu
nicipality would assume this cost of
operation.
Supplies during the month of Janu
ary totaled $565.74, gas and telephone
S9.50 and labor $531.50, a total of
$1106.74, it is figured.
The county commissioners Tester
day authorized advertisement for bids
for 12,000 square feet of roofing and
42,693 board measure feet for the
erection of a machinery shed at Kelly
Butte.
Trenholme company, and democrat of
longstanding, had come back to town
after a trip through California im
bued with the idea of - launching a
nonpartisan movement for the nomi
nation of Herbert C. Hoover for presi
dent, Ross, 'the story ran. and sub
sequently was confirmed by him, is
for Hoover on any sort of platform
enunciated by either of the old
parties.
A meeting will be held Wednesday
afternoon between Ross and a num
ber of local democrats for launching
the Hoover boom. Ross's ideas re
garding the food administrator as a'
presidential nominee are fixed in no
uncertain way on his mind, and it Is
generally believed that he has suf
ficient prestige to successfully start
things going here for Hoover.
DAYLIGHT SAVING WANTED
Efforts Made in Spokane for Local
Arrangement of Plan.
SPOKANE, Wash., Feb. 24. (Spe
cial.) An effort will be made to in
augurate the daylight saving plan in
Spokane this year by means of local
arrangements. .
A committee is to be appointed by
the chamber of commerce which will
deal with this question, having as Its
chairman, T. P. Brewer. As soon as
this committee is named the daylight
saving problem will be taken up.
Other cities are already planning to
observe the light economy plan which
was authorized by congress during
the war, but which was repealed as
a law by the present law.
"As soon as the railroads are re
turned to private ownership I hope to
confer with them relative to having
tneir cnange oi time from mountain to-
Pacific made -at Spokane instead ofl
further east." said Mr. Brewer.
CHAMBER BACKS SPOKANE
Portland Joins Request to Protect
Magncsite Industry. .
The Portland Chamber of Commerce
yesterday telegraphed to Senator
Chamberlain requesting that the full
est possible support be given the
movement urged by the Spokane
chamber for legislation to protect
producers of magnesite. This product
is ono of the mineral resources of
the Spokane district, bat prior to the
war large quantities of the material
for use in American industries was
imported from Austria.
Now that development of the Amer
ican' supply has been started, it is
not deemed fair that the bars should
be thrown down to give advantage to
foreign producers to the detriment ot
home industry.
Paper Mills Suspend Operations.
HOL.TOKE, Mass.. Feb. 24. Owing
to low water in the Connecticut river
suspension of operations was ordered
for 18 hours, beginning tonight, by 25
paper mills that depend upon water
power. The coal and pulp situation
is still reported acute here.
-w IK!
TD
I
GIRL'S ESSAY IS BEST
JTinc-Ycar-01i Thelnia Kem Wins
Award In Army Conlcst.
COTTAGE GROVE. Or., Feb. I4.
(Special.) The paper by a 9-year-old
girt Thelma Kem, was adjudged
the winner of highest honors in the
essay contest in the Cottage Grove
schools upon the subject. "What Are
the Benefits of Enlistment in the
United States Army?" which was a
part of the state and national essay
contest upon that subject.
' Tbere were six local prizes, three
for the high school and three for the
grades, and these were awarded as
follows:
High school First, Clyde Leonard;
second. Marion Lowry; third. Opal
Emerson.
Grades First, Thelma Kem; second.
Donald Metcalf ; third. Dona Mc-Cargar.
It is an interesting coincidence that
upon a subject of this kind the win-
ner of the second prise in th- grades i
is a son of Major H. K. Metealf, who
has bad 11 years of military expert-I
ence and who was one of the judges, !
but did not know that his son was ;
on, of the, winners until the names;
of- the winners were given out by j
Superintendent Seattle. The other'
judges were Mrs. J. T. Smith and
ljlbert Smith. '
. s ' - I
- . I
WASTE PAPER DRIVE SET
Red Cross amcs March ls'as Day
for Cltr Collections.
The Red Cross waste paper drive
baa been set for Saturday, March 13,
A PLAY WITH A TWIST
THAT'S DIFFERENT
TODAY
THURSDAY
FRIDAY
ONLY
DOROTHY DALTON !
IN . '
"BLACK is WHITE"
A STBAXGE AND ALLVRISG TALE
OF DEVOTION, JEALOUSY AND
MISTAKEN IDENTITY, WITH A
WONDEnFUL CLIMAX THAT WILL
LIVE IN YOUR HEARTS FOREVER.
BEAUTIFULLY PRESENTED
WITH AN ELABORATE MUSI
CAL SETTING ARRANGED BY
PHILIP PELZ
-CONDUCTING
PEOPLES ORCHESTRA
I Concert Numbers III
I 9to, Minuet Paderewakt T I I
I Tl - (ues Dream After the Ball Calballta f?X. I
jP Cin '
Copyright 1920 Hart Schaffacr U Mars
WW Zf . . f
w nat sty i
tsn mm
will
wear
this
spring
There's one thing pretty certain;
careful buying is going to be the
style this spring Men" who want to -make
their money go farthest are -going
to get good, all-wool quality; :
such clothes save because they last
several seasons - r ;
When it comes to the lines of the
clothes you will find lower openings
shown in coats and vests; lapels are
lower and have square notches The
coats are longer
' The general tendency is toward the
plain, single-breasted sacks; one, two
and three buttons; with no fancy
' features The coats will depend on
designing skill for the style; that
takes real art and real tailoring
One-, two- and three-button, double
breasted suits which have been so
- popular this last season will con
's tinue to be favored by many men;
these models for spring show the
new style notes "
In our clothes you'll not only find the best style, but you'll
get the fine tailoring and all-wool quality that saves for
you because it lasts If you aren't satisfied money back
Hart
Schamief
& Marx
You'll get more wear, more style! here in Hart
Schaffner & Marx clothes; you'll save, too
Saml Rosenblatt & Co.
Fiftfi and Alder. "