Tttt? nronVTrr (TRFXiOXTAX, WEDNESDAY, DECEMRE 15, 1920 LUMBER AT SPOKANE , IS CUT FIFTH TODAY Reduction in Prices at Retail Announced. ALL DEALERS JOIN DROP Tall Is Caused by Over-Supply in local Market Dimension and Common Boards Affected. EPOKAKE, Wash., Deo. 11. (Spe cial.) A 20 per cent reduction In re tail price of lumber will so into effect tomorrow, according: to an nouncement today by Spokane lum ber dealers, nearly all of whom will 30'n in the general cut. The reduction is occasioned by an cversupply in local lumber and will affect dimension and common boards, flooring and c-'llngr of local manu facture, coast fir flooring:, coast rustic and ceiling, coast finish, cedar shin gles and lath. Whi! the general reduction in the r.ew prices to be quoted tomorrow will be 20 per cent, the percent of reduction from the high point ranges from 28 per cent to 49 per cent, as follows: Dimension and common boards, 33 per cent; on flooring and ceiling of local manufacture, 28 per cent; on coast fir flooring, 49 per cent; on coast rustic and ceiling, 40 per cent; on coast finish, 33 per cent; on cedar ehinglcs, 32 per cent; on lath, 45 per - ten t. A slight increase in . demand will rapidly deplete stock on hand, which will tend greatly to strengthen the market, declared A. MacCuaig, pro prietor of the Exchange Lumber company. SEW JEKSEV PLANTS SHCT Curtailments Also Announced by Big Manufacturers. ELIZAfeETH. N. J.,- Dec 14. An nouncements were made today of the shutting down or curtailing of large industrial plants here. The main plant of the Singer Sewing Machine company, employing 8000, announced it would close from December 22 to January 5, -because of lack of orders. The Diehl Manufacturing company, beginning December 18, will make a flat wage reduction of 10 per cent in lieu of laying off employes. At the Moore plant of the Bethle hem Shipbuilding corporation it was stated that several hundred employes had been dismissed in the last four lays, officials explaining that no fur ther orders were in sight. WOOL OVERCOATINGS DROP Auction Prices Two-Thirds to Three-Fourths Less Than In Fall. NEW YORK, Dec. 14. Wool over coatings were sold at auction here today by the American Woolen com pany at prices two-thirds to three- fourths less than they brought at the opening of the fall season. There were 8800 pieces offered and it waa estimated that about a third of them were sold. The auctions will continue for three days. TRUST RULES TOBACCO MART Purchasing Methods and Lack of Credit Injure Growers. WASHINGTON, Dec. 14. Purchas ing methods of large buyers, as well as financial conditions due . to un favorable foreign exchange rates and contraction of domestic credits, are held responsible for low tobacco prices In a special report sent to congress by the federal trade com mission. It recommends: "Kstablishment by the department of agriculture under the warehouse act, of a federal system of grading leaf tobacco; revival in permanent form of expired provisions (1916) re lating to the use of common aerencies in the purchase of leaf tobacco; spe- cine pronibltion of leaf tobacco pur chases through agencies' not disclosed to the trade." It was alleged in the growers' com plaints that buyers for big companies would not bid against each other and the commission was directed by con gress to investigate for the purpose of determining to what extent, if any, the anti-trust laws and the dis solution decree in the American To bacco company case handed down by the supreme court in May; 1911, were being violated.-- The supreme court, the commission pointed out, held the American To bacco company and various of its subsidiaries and stockholders to con stitute an illegal monopoly and un der the dissolution plan worked out by the circuit court, 14 companies were organized to take over the prop erty of the defendants. These 14 companies were enjoined from merging and from entering into arrangements regarding prices or terms of purchase or sale of to bacco, and from doing business un der any other than their own cor porate names unless- their owner ships were disclosed. For a period of five years they were enjoined from having interlocking directorates and from employing common purchasing or ales agents, but the five-year period expired in November. 1916, and the federal trade commission now urges that its provisions be revived and made permanent. The practice of "buying' under cover," according to the report, has a decided effect in depressing prices when used by any of the large companies. A Wonderful Sale Don't Miss It Mathis S uits & Overcoat s 1! Blue Serges and Full Dress Clothes . y3 off KEN'S WEAR Corbett Bldg., Fifth and Morrison JRue Je la Paix Chocolates Mail Orders Filled I FRESH EGG PRICES DROP Cut Ranges From 5 to 12 Cents on 'ew York Market. NEW YORK, Dec. 14. Prices of fresh eggs were reduced by from 5 to 12 cents a dozen in the New York market today, resulting from in creased production due to warmer weather throughout the egg-producing areas. Fresh westerns sold wholesale today at "from S3 to 93 cents a dozen, an average decrease of 5 cents since Saturday. Reports here indicated an even greater influx of freeh eggs from the west and southwest during the next few days. New low records for the year were made again today in the market for raw sugar, 12,000 bags of Porto Rican sugar being sold at 4.63 cents a pound for centrifugal Swampers' Wages Cut. SPOKANE, Wash., Dec. 14. Wages of swampers and common laborers in eastern Washington logging camps have been cut 50 cents to $1 a day, it was announced today by employ ment agencies handling employment of men for the camps. The going wage is now $4. Mixed Hogs Sell at $9.90. CLEVELAND, Dec. 14. Mixed hogs sold at $9.90 hundredweight at the union stock yards today. This is the lowest the market has been since November, 1916. MEXICAN OFFICIALS QUIT Chief of Petroleum Department Re signs by Request. MEXICO CITY. Dec. 14. Complete reorganization of trie department handling petroleum matters was fore cast yesterday when official an nouncement was made that . Senor Casillas, chief of the department, had been asked to resign. His two most important aides, who are charged with irregularities in granting oil land concessions, were also asked for their resignations. , Jesus Rodrigues de la Fuente, who was chief of the oil department until a few days ago, resigned, according to announcement, when investigations indicated he and others had organized development companies to which con cessions were granted. Concessions in future will be grant ed only to companies or persons who can prove their financial ability to carry on exploration and exploitation, it was announced. STAR TWINKLES NO MORE Famous San Francisco Publication Forced to Suspend. SAN FRANCISCO, Dec. 14. The Star, prominent as a weekly publica tion here since its founding in 1884, suspended publication with this week's issue which appeared today Itv was ' edited by James II. Barry, naval officer for the district. The high cost of print paper was given as the reason for suspension. Every large city has one newspaper which, by universal consent, is the Want-Ad medium, of the community. In Portland it's The Oree-onian. wo Hundred .'Million F. ive Versus Hundred Thousan d Figures presented in an address last Monday before the Members' Forum of the Portland Chamber of Commerce on Manufacturing Development in Portland, compiled from the Statistical Department of the Chamber, showed -since January 1, 1918, an investment of Two Hundred Million Dollars of Port land money in outside and foreign enterprises and of Five Hundred Thou sand Dollars in new manufacturing enterprises in Portland. Ninety-nine and three-quarters cents on each dollar invested went out of Portland to build up- other communities, and only one-quarter cent stayed in Portland to build up Portland. A vegetable oil man recently in Portland, commenting on this situation, said, "If Portland continues placing all its surplus money in outside invest- ' ments to build up other communities, it need not expect other communities to invest in Portland." He further said, "Portland is sending Mr. Frank Branch Riley east to lecture on the advantages-of Portland as an investment and manufacturings-center, but when his hearers investigate the local Portland situation they will go elsewhere." SELL PORTLAND to the world 'by your enthusiasm and by your belief in Portland, but do not stop there; . BUY PORTLAND with your money stop sending all your money away to build up other communities. PORTLAND MUST CHOOSE between now and January 1 between sup porting the upbuilding of a vast industry here or letting it go elsewhere. This company is but the entering wedge. Its establishment here, means the bring ing of allied industries to Portland. - We still need subscriptions of $25,000.00 to save this industry to Portland. We will not locate here without sufficient local support to assure success, and " that amount is $700,000, fully subscribed before letting contracts for building our plan - Subscribe Without Further Delay - . Portland Vegetable Oil Mills Go. H. H. Ward, Director in charge of Financing, 805-806-807 Wilcox Building, Portland, Or. Main 821. i Ox I S Any Woman Would Be Delighted to Receive Such a Gift and You Save a Half The Second of Three Very Important Events! 1 85 Luxurious Silk and Wool Dresses Reduced to Exactly Half Price For Women Distinguished Styles for Formal and Informal Wear For Misses Such Wonderful Dresses Make Truly Lavish Gifts AT THESE SAVINGS we know many women will select several frocks for the winter social season. There are so many occasions when a smart tailored cloth dress, beautifully beaded and embroidered, is especially appropriate. For afternoon events there are charming silk frocks. ' Third Floor Lipman, Wolfe & Co ome bewitching dresses for dinner and dancing are likewise included. - Every dress in the sale is new this season and highly desirable, but, naturally, women who come at 9:15 will secure the very widest choice. Every sale final. 2, c travel' Companion ideal For the tedious Pullman jour' ney or for the long hours on the ocean a box of chocolates, made by Sweet's of Salt Lake, is always most acceptable. That's why Sweet's 13 so often one of the first purchases of the experienced traveler, in anticipa tion of holiday trips. There's material for manv pleasant hour boxed up in each of the well'chosen Sweet assort' ments. Luscious cream and nut and chewing centers extra-heavy, wholesome chocolate coatings a variety of shapes and flavors sure to please. Be sure you've a box on hand" for your hohday journey. cAl better dealers here sold from Alaska to Australia. The New Filled Candy in the Handy Tin And herea a new Swket specialty you will surely want to try : Luscious cream-filled, crisp-coated gloss candies, kept fresh in individual air-tight tins a dozen dainty flavors ideal for table, home, motoring or any other use.- Aslc your Dealer. SALT LAKE 'Uasit Gloa Vn CHOGO 'LAT w. c. Allen candy company, Portland, Or. ItlNUfrH 1 fTAWHf 1 ipuwii 1 11 rmiftf 1 lr4iMII t ffliw 1 11 nutci 1 1