21
THE MORNING OREGONIAN, TUESDAY, MAY 31, 1921
'nnnn nmnirT nil I
; raVI IVlAHfttl DILL
V BENEFITS DDUBILU
1
) Congestion of Terminals, as
) in 1917, Feared.
SHIPMENT DELAY , CITED
31. H. Houser Believes Business
Will Go Back to Paying Cash
for Wheat in Country.
Though M. H. Houser, widely
known grain exporter and miller, de--clares
that the passage ot the Wash
ington state farm marketing bill,
with its' scope for the organization
of co-operative farmers' associations
and its possible effect on the price
of northwestern grown wheat, is of
little moment to him, ho likens the
probable result to that of 1917.
In that year, under supervision of
the federal grain corporation, it will
be recalled, the terminal marketing
system created bad congestion of ter
minals and traffic generally and
speedily led to a resumption of the
old status that of dealing, directly
with the grower.
"I am in full sympathy with the
wheat grower," said Air. Houser, com
menting on the co-operative plan, "in
bis attempt to protect himself In
every way possible. I feel that the
farmers, or growers, are free to dis
pose of their crops as they deem best,
and if they should prefer to sell their
wheat delivered at terminals, it is
quite agreeable to me. Since we are
millers and exporters and handle
nothing as middlemen, it is quite im
material whether we buy wheat de
livered at terminal or interior. It Is
unfortunate, however, that there will
have to be maintained a double sys
tem, and each supported in one way
or another, directly or indirectly, by
the wheat grower.
System Trie In 19 IT.
"Many farmers will not ship their
wheat to terminals. They preier to
ell it as in the past, receiving full
payment on surrender of the receipt.
In other words, they prefer to sell
their crop 'as is." rather than to sell
on basis No. 1 and be months in get
ting their final returns.
"The terminal system was fairly
well tried out on the crop of 1917,
when the grain corporation was buy
ing wheat. Incidentally, -this was
the first year the federal grading
system was put in vogue, and the
basic price for wheat was based on
federal grades.
"In previous years most of the
crop had been bought 'as is,' either on
sample, or on the interior agent's
conception or dickering with the
farmer. And it was a notorious fact
that because of interior competition
the average of the northwestern crop
1 was usually sold in the country for
at least one grade higher than when
It reached the terminal.
"As stated, the year 1917 marked
the inauguration of the federal grade
system, and as there had been little
experience among country buyers in
determining grades several confer
ences were held among farmers and
grain dealers. It was decided that
the fairest way would be to handle
crops as much as possible, or at least
when definite grades could not be ar
rived at under mutual understanding,
on a commission -basls;-g1vttig"the
farmer the identical returns the
wheat brought, less commissions for
hipping, looking after it, etc
Congestion Causes Delay.
" "In many instances there was de
lay in shipment due to congestion at
terminals, lack of cars, delay in get
ting certificates because of the
greater volume of wheat In the fall
month than the terminal force could
handle, so that by the end of the year
the arrangement proved very unsat
isfactory. The result was that the
following year they went back to the
old method of selling 'as is,' and dick
ering on the grade between the
farmer and the buyer.
"I merely point out what happened
In the past As for tho . future, if
any grower wishes to ship his wheat
to the terminal and sell it terminal
basis, we are quite well satisfied,, for
invariably our interior agents are
prone to overgrade. But I am in
clined to think that, after this method
of marketing has had a thorough test,
business will eventually drift back
Into the old way of selling in the
country, the grower being paid in full
on surrender of his receipts.
"It would be presumption on my
part to discuss the matter of financing-,
from the various angles pre
sented by co-operative marketing, as
that Is a matter between the grower
and his banker."
DEAL , REPORTED CLOSED
3IAKIAE EXGISEERS SAID TO
HAVE ACCEPTED OFFER.
American Ship Owners Association
Expected to Ratify Agreement
With Shipping Board. '
WASHINGTON. D. C, May 30
Unofficial information received to
day by. the department of labor was
that the agreement between the
shipping board and the marine engi
neers had been ratified in the referen
dum held by the local unions.
It was Indicated at the department
of labor that there was every prob
ability that the American Shipowners'
association would ratify the agree
ment. The terms include a IS per cent
reduction in wages.
NEW TORK. May 30 The Marine
Engineers' Beneficial association, at
a mass meeting today, named a
committee of six to go to Wash-
InFlnn In u-t.u x-.. . .- , . . .
,-- w miu miiuoki real
dent Brown a protest against his
signing any agreement which would
end the nation-wide marine strike
on tne terms proposed by Secretary
of Labor Davis. The men reiterated
their demand for renewal of last
years agreement with no wage cut
NEW ORLEANS, La., May 30.
oiriKing marine engineers of New
Orleans voted yesterday to accept
the compromise proposal of Secre
tary of Labor Davis and return to
work, ft was announced by union
officials today. The vote was 17H
to 51.
C. R. SHERIDAN IS APPOINTED
Atlantic-Gulf and Paciric General
Agent Is N'amrd.
Appointment of C. R. Sheridan as
general agent at Portland for the
Atlantic-Gulf and Pacific Steamship
corporation was announced yesterday
by T. J. Wade, Pacific coast manager 1
for the company, who spent yesterday
in Portland. Mr. Sheridan has been
engaged in steamship operation on
this coast for the past nine years and
comes to Portland from the San Fran
cisco office of this company. He will
be assisted by M. F. ilcilanus as dis
trict agent.
Mr. Wade Is making a tour of the
northwest and will go from this city
to Seattle to attend a convention of
apple growers to enlist their Interest
in the refrigerated space which his
company is offering for the move
ment of apples and other perishable
commodities from the nortn Pacific to
the Atlantic coast.
The next steamer of the Atlantic-
Gulf & Pacific Steamship company
to call here will be the Liberator,
which is now on her way here from
San Francisco with the largest cargo
of merchandise ever brouglit to Port
land. She has a total of 4000 tons of
merchandise' for Portland, part of
which is direct from the Atlantic
coast and part of which was picked
up at San Francisco because of the
dearth of tonnage in the coastwise
service on account of the marine
strike.
Mr. Wade said yesterday that a
schedule of a sailing from Portland
every two weeks is to be maintained.
George W. Chilson, who was agent
for the line at Portland for several
months, has resigned.
ill IDEALS ARE UPHELD
i -
JIcADOO DEXIES FIGHTING TO
, "SAVE OUR SKTXS."
Autocracy Declared Slain on Bat
tlefield, But Mars Re-enthroned
in Politics.
HUNTINGTON, N, T., May 30.
William G. McAdoo, speaking today
at the dedication of a tablet to the
men of Huntington who served in the
world war, denied the "ignoble as
sertion that we fought merely to save
our own skins."
"I denounce as a calumny the state
ment that the brave men who fought
and died for America did so solely 'to
save the United States, and most re
luctantly and laggardly at that,' " said
McAdoo. "These men fought because
they loved liberty and were not will
ing to have it swept from the earth.
We lost on the battlefield of politics
the victory over war itself. Autocracy
was left dead on the battlefields, but
Mars, the god of war, was re-enthroned
in the political arena."
He asserted the world in many re
spects was in greater turmoil and
misery than when the armistice was
signed because the United States had
not done its part toward bringing
about that organization of the - na
tions which he said would assure in
the largest possible measure their
united co-operation.
Rejection- of membership in the
league of nations, he said, was a grave
mistake and he urged its proponents
to seek reconsideration of the verdict.
He advised entering into an agree
ment with Great Britain and Japan
for a reduction of naval armaments as
an important step toward relieving
burdens of taxation felt by all na
tions.
"Prostrate industry," he declared.
"cannot get upon its feet again, nor
stricken prosperity be brought back
to health until the crushing burdens
of taxation are materially reduced.
Let the world organize for peace in
order to procure peace and see if it
will not produce peace. .
RATE REDUCTION FLOUTED
LOWER , WAGES HELD JtEV FOR
ROADS TO BREAK EYEX.
Chicago, Milwaukee & St. Paul Of-
'ficial Expects So Flat Re
duction in Charges.
SPOKANE, Wash., May 30. (Spe
cial.) No general reductions in
freight or passenger railroad rates
will be made following the reduction
of wages of railroad workers sched
uled for July 1, according to state
ments made today by H. B. Earling,
vice-president of the Chicago, Mil
waukee & St. Paul railroad, upon his
arrival in his special car here today.
"The proposed reduction in railroad
wages scheduled to be announced
June 1 and to become effective July
1 is a step in the right direction, but
It does not mean that there will be
an immediate flat reduction in freight
or passenger rates," said Mr. Earling
today.
"Reduction in rates will come grad
ually in proportion to the speed of
the readjustments necessary before
pre-war railroad rates may be en
joyed. I do not believe there ever
will be a flat reduction in freight
rates.
"At thepresent time the railroads
are going behind financially. A fair
reduction in wages of the railroad
workers will put the roads on a basis
where they will break even, at least."
DAILY METEOROLOGICAL KEPOBT.
PORTLAND. May 80. Maximum tem
perature. 78 degrees; minimum. SI degrees.
River reading:. 8 A. M., 22. S feet; chans'
In last 4 hours, none. Total rainfall (3
P. M. to 5 P. M ). none; total rainfall
since September 1, 1020. 44 .".9 inches;
normal , rainfall since September 1. 42.10
Inches; en-ess of rainfall since September
1. 120. 2.4V inches. Sunrise. 4:25 A. M.j
unset. 7:52 P. M. Total sunshine May 30.
15 hours 27 minntes; possible sunshine,
15 hours 27 minutes. Moonrise Tuesdav,
1:17 A. M. ; nioonset Tuesday, 1:52 P. M.
Barometer (reduced to sea level) at 5
P. 11.. 21180 inches. Relative humidity at
6 A. M., 78 per cent; at noon. 42 per cent;
at 5 P. II.. 31 per cent.
THE WEATHER. J
IS
Wind
STATIONS.
Weather.
Baker ....
Boise ....
Boston ...
Calgary ..
Chicago ..
Denver . . .
Des Molne;
Eureka ..
Galveston
Helena ..
Junaut ..
70 0.02!
8SI0.22
72,0.01
NW
Rain
W
ICIear '
Clear
60 0. 00,10, .s
Clear
Pt. cloudy
80 0.00 . . H
B O.OO. . NW
Cloudy
90 0.76 IB S
nam
54:0.001.
8ti 0.00
.IN'WICloudy
S
Cle
441 62 0.00 .. NB
44i4!0.88l..lSB
Cloudy
ICIoudy
Kansas City
90 0. 00 10 SW
6B0.00 ..I8W
ft. cloudy
Clear
Clear
Clear
Los Angeles!
Marsnnela
Med ford ..
Minneapolis
8210.001. .INW
7SO.OOI12iN' W
82 0. 16.12-NE
Cloudy -
New Orleans
2 0.0
W
Kain
New York..
74 0.00
52 0.00!
.3
ICIear
Cloudy
Clear
Cloudy
Clear .
North Head.
Phoenix ...
Focatello ..
Portland ...
Roaeburg . .
Sacramento
St. Louis....
Salt Lake..
San Diego..
IW
94 0.00:1!W
4BI 74 0.00 10 SW
51 78 0.001. .INW
Ml I . UO! 1U ( W
ICIear
50 62 0.00 20iS
ICIear
72 90 0.001 . . IS
56 700.00 12JSW
52 84 '0. 001. ..W
50 54 0.0O:12iW
50 74 0.001.. NW
Clear
Cloudy
Clear
S. Franciscoj
Cloudy
Seattle
Sitkat
Spokane ...
Tacoma
Tatoosh Isd.
Valdest 1
Clear
. . MS 0.001. . I
44 78 0.00, 10;NB ICIear
4.8 74 0.001.. In ICIear
48l 54 0.001 14 S (Foggy
ov-nu.uvtt . . iff w (Clear
Walla Walla
82 0.001.. IN B ICIear
Vv aahlngton
Winnipeg ..
Yakima ....
74 0.00'. .NE ICIoudy
IS 0.0S'12;.NWiCiear
82 O.OOl . .IN ICIear
t A M. today,
day.
P. M. report of preceding
FORECASTS.
Portland and vicinity Cloudy; north
westerly winds.
Oregon Cloudy, probably showers east
portion; moderate westerly winds.
Washington Tuesday probably showtrs
and cooler; moderate westerly winds.
61)1 CARRIERS
NOW IRE TO LOAD
Ceylon and Benalder Reach
Port Yesterday.
STEAMER NATAL FIXED
Enough Tonnage Sow In Sight to
3Iove All That Remains for Ex
port of 192 0-21 Wheat Crop.
The steamer Ceylon, which arrived
Sunday,. and the Benalder, which came
in yesterday morn'ng to load wheat
here, were lining yesterday and are
expected to start loading today. The
Ceylon, a Swedish steamer, was at
the Clark-Wilson mill and the Ben
alder, flying the British flag, at the)
Peninsula mill. W. J. Jones & Son
secured the lining contract for the
Ceylon, and Jf H. Roberts that for
the Benalder. Both vessels wiu toau
for Kerr, Gifford & Co.
With the recent fixture of the Dan
ish steamer Natal by the Pacific
Grain company and the British
steamer Bendoran by Balfour, Guthrie
& Co., it is believed that enough
tonnage is now in sight to move all
that remains for export of tho 1920-21
wheat crop, though considerable
stocks are expected to be held over
to move with the new crop wheat.
Seven grain carriers, with a com
bined carrying capacity of about
60,000 tons Of wheat, are now in the
harbor, as well as one Japanese
steamer, which is taking a combina
tion cargo of wheat and lumber to
Japan. Among the carriers here for
full cargoes of grain are the Norwe
gian steamer Alkmaar, the Danish
steamer Ceylon, the Swedish motor
ship Formosa and the British steamer
Benalder and the American steamers
Bearport, Swifteagle and Swlftscout.
Of these, the Bearport is loading for
Japan and all the others for Europe.
All grain carriers now in port are
expected to be loaded and on their
way by the end of the week.
SEW SERVICE WILL- START
Steamers of Large Capacity to Load
Lumber at Hoquiam.
HOQUIAM. Wash.. May 30. (Spe
cial.) With the coming of the 8800
ton steamer Santa Rosalia of the
Isthmian Steamship company's line
a new service will be inaugurated this
week, according to Hugh M. Delanty,
president of the Grays Harbor Steve
dore company. The Santa Rosalia is
coming direct from China and will
load 1.500,000 feet of lumber for the
Atlantic coast. She will bring a par
tial cargo of oriental freight which
she will discharge at Seattle.
Two other large steamers of large
capacity are expected here this week,
the Lehigh,- the Pacific Coast Steam
ship company's freighter, which will
load at the Eureka mill, and the Cross
Keys, which will take on 2,000,000 feet
of lumber for the orient. The Isth
mian line is to make regular parcel
calls hereafter, according to Mr. De
lanty.
FALL IXTO WATER IS FATAL
E4.B. Duniway, Longshoreman, Is
Knocked Overboard by Timber.
E. B. Duniway, a longshoreman,
45 years old, lost his life in the Wil
lamette river at municipal terminal
No. 4 yesterday morning when he
was knocked from the deck of the
steamer Coaxet by a swinging tim
ber. The blow caused a compound
fracture of the skull, and he sank
before assistance could reach him.
The body was recovered an hour later.
Frank. .Gallagher, 102 Nebraska
was also thrown into the water by
the same blow from the timber. He
was able to swjm ashore. '
Mr. Duniway is survived by his
widow and five children. The body
is at the morgue. There probably
will be no inquest as the fatality is
said to have been accidental.
COAXET TO LEAVE TOMORROW
Admiral Line Steamer Has Full
Crew, Including Engineers.
The Admiral line steamer Coaxet, a
regular liner in the trans-Pacifio
service, will depart tomorrow morn
ing, it was definitely announced by
her operators yesterday. A full crew
has been obtained, including engi
neers, and no delay is expected on ac
count of the strike. The Coaxet has
a full cargo 01 lumber and general
freight for Yokohama, Kobe, Shang
hai, Hongkong and Manila.
The steamer Montague -of the same
fleet, which arrived here Saturday
from the orient, will be drydocked for
cleaning and painting befpre starting
to load for the far east.
1 Hayo Mara Arrives in Port.
The Japanese steamer Hayo Maru,
of the Toyo Kisen Kaieha, arrived in
port yesterday afternoon and docked
at municipal terminal No. 4 to load
part cargo for the west coast of
South America. The Hayo Maru is a
freighter of the same type as the
Tokuyo Maru, which burned at sea
off the Oregon coast. May 2. The
Oregon-Pacific company represents
the Japanese line here.
Pacific Coast Shipping otcs.
ASTORIA, Or., May 30. (Special.)
After being fumigated here, the British
steamer Benalder left for Portland at 10
o'clock last night.
Tho Japanese steamer Hayo Maru ar
rived at 12 o'clock last night from the
west coast via San Francisco and pro
ceeded to Portland to take 09 cargo for
the orient.
Eagle boat 88, with Oregon naval re
serves on board, left for Portland at 8:8
this morning after remaining here over
night.
The steamer West Catanace will arrive
from Grays Harbor next Thursday and go
to West port, where she will load 1.250.000
feet of lumber for New York.
The schooner Mlndoro, which Is loading
lumber at Knappton, is expected to sail
for San Francisco next Wednesday.
The ateamtr Wlllfaro arrived at 11 this
morning from San Francisco and pro
ceeded to Portland.
The steamer V In it a. from San Pedro,
has been scheduled to reach the mouth of
the river at 4 o'clock tomorrow morning.
She will go to the Inman-Foulaen mill to
load.
The British cruiser Aurora, which is to
arrive here on June 4 for a visit of three
days, is of the fast and light cruiser type.
She was built In 1018, is of 4000. tona dis
placement. Is equipped with 20.000 horse
power turbine engines and makes a speed
of 80 knots, or approximately 85 miles an
hour. Her main battery consists of foul
aix-inch and two four-inch guns.
The , Patrician, which is to accompany
the Aurora, la one of the nowly-conatructed
destroyers.
VANCOUVER, B. C. May 80. (Special.)
When the Holland-America steamer Noor
derdijk sails from this port she will have
on board a shipment of canned whale meat
in large flat cakes, suitable for making
hamburger. The shipment is consigned to
Hamburg, Germany, . while British Co
lumbia banned salmon and a large ahlp
ment of flour on board will go to the
United Kingdom. The whale shipment la
a trial one and If the people or tne cen
tral countries cultivate a taste for it.
mnr will h fnprhnmlnar.
The Harrison direct liner Spectator will
be in port tomorrow, coming direct from
the. TTniteH Kingdom to Vancouver With
10.000 cases of Scotch whisky. Much of
this liquor Is for the provincial govern
ment of British Columbia and will yield
about 1100.000, to the dominion govern
ment in duty. The Spectator will dis
charge here and take on canned salmon
and then trn to Victoria to load further
British Columbia cargo. Customarily, the
Spectator lands at Victoria first, but the
ahtpowners were anxious to -minimize the
risk to the large whisky cargo and brought
the ship direct. ''
RtAWnrt RHwnrit White, the novelist, who
Is on a trip up the coast to Alaska in his
yacht Dawn, arrived here toaay aiusr ex
periencing a rough passage between Seat
tle and this port.
The Nippon Yusen Kalsha steamer Tu
koshima Maru Is due in port Tuesday
from Seattle to load a quarter of a mil
lion feet of lumber and 1000 tons of spel
ter for Japan. Spelter shipments were
slack for a time, but they have been re
sumed with more ammunition being made
In Japan. l
' According to advices here today the
Williams steamship line has been success
ful in getting control of the new motor
ship Kennecott, of the Alaska Pacific com
pany, and will operate the boat between
San Francisco and Atlantic ports this
summer. '
TACOMA, Wash., May SO. (Special.)
With the exception of jobs on the West
Canon and motorshlp Fionia, work was
suspended along the Tacoma waterfront
today. Every one along the waterfront
observed Memorial day.
The Danish Bast Asiatio motorshlp
Fionia arrived here this morning, open
ing the services of this company from
coast porta to Europe. , The service was
interrupted by the war. The Fionia ts the
finest motorshlp In point ot finish that
has ever made this port.
The vessel will take about . 1000 tons ot
flour here and sail some time tonight for
San Francisco and Europe.
The West Canon may finish taking
cargo here tomorrow. The vessel will
probably get out the next day for the
orient. The steamer is taking 1,600,000
feet of lumber here.
No work was done on the motorshlp
C.'nada today. The vessel will complete
her cargo tomorrow and ship down sound.
The Arisonlan, of the American-Hawaiian
line, and the Arizona Maru of tha
Osaka Shosen Kalsha line, got out of
here last night. The Arlzonlan had 3500
tons of freight from here for the Hawaiian
Islands and the Arizona Maru goes to
Vancouver to discharge and pick up some
freight. She will return here Friday to
complete her outward cargo.
Tacoma'a Siberian trading schooner, the
Iskum, which outfitted and went north
from here about a year ago, will make
a second trip some time next month. The
vessel will sail from St. Michael, however,
and not Tacoma. Cargo for the Siberian
trading posts will be shipped from here to
the Arctic port about the middle of the
month.
The Iskum Is operated by the Phoenix
Northern Trading company with which
General James H. Ashton and other prom
inent Tacomana are Identified.
SfiATTlji, Wash., May 30. (Special.)
Disabled by boiler trouble which devel
oped under mysterious circumstances, the
Alaska Steamship company's liner Ala
meda, with 811 passengers and a capacity
cargo of miscellaneous freight, returned
to Seattle in tow of the tug Daniel Kern.
The vessel is manned by officers and a
crew who signed on at the reduced wage
scale.
On completion of repairs, the shipping
board steamships West Ivls. Delight and
Cross Keys, now In Seattle, will load gen
eral cargoes for the orient. The West
Ivls, operated by Struthers & Dixon, is
at the Todd yard and will begin loading
at the end of this week, it was announced
today. The Delight, operated by Frank
Waterhouse A Co., Is undergoing minor
repairs at pier 5 and will begin loading
In a few days. The Cross Keys, operated
by the Pacific Steamship company. Is
moored at Pier A of the porf commission's
Smith Cove terminal, where she Is under
going minor repairs. Positions of .other
shipping board vessels operating to and
ftom Seattle follow:
West Jappa Loading In Mukilteo for
the orient, operated by waterhouse com
pany. West Canot Loading lumber In Belling
ham for orient, operated' by Struthers &
Dlxon.
West Lehigh Shifting from Vancouver,
B. C. to Grays harbor to complete load
ing lumber for the Atlantic coast, oper
ated by the North Atlantic & Western
Steamship company. Boston, with Pacific
Steamship company as general agent.
George H. Livingstone Sailed from Bel
lingham for Atlantic coast Saturday, oper
ated by North Atlantic &. Western Steam
ship company
West Jessup Discharging from orient at
East Waterway dock, Seattle, operated by
Struthers A Dlxon, but will be taken out
of commission. ,
SAN FRANCISCo7May SO. (Special.)
First of the Pacific Mall liners to start
the passenger and freight service from
here to .Baltimore and way ports, the
steamer Venezuela, will leave here Wednes
day, Two other liners, the Ecuador and
the Colombia, will be placed on the. run
with the Venezuela as soon as they return
from the orient.
The freighter Point Adams, fwith a full
cargo, was ready to leave tonight for
Baltimore.
Workmen are rushing to completion the
liner Bayon of the Hamburg-American
line. Operation of the craft will be from
ports In Germany to New York.
The bodies of Captain Harry Llnane
and his brother Anthony, who are be
lieved to have been drowned when the
gasoline scow War Eagle capsized a'week:
ago In the bay off San Mateo, hvw not
been found.
. The bureau of navigation, department
of commerce, reports that a total of 07
aatllngs, steam, gas and unrigged vessels
aggregating a total of 120.600 gross tons.
were built in the United States shipyards
and officially numbered In the month of
April.
Word was received here yesterday of
the sailing of the steamer Rotterdam from
New York May 21. The pa'ssenger list In
cluded 495 first cabin, 521 aecond cabin
and 1782 third-class travelera
The Maui, which was ordered tied up
following the seamen's strike, will leave
here Thursday at noon.
The Steel Ranger of the Isthmian line
and the Alaskan of Williams. Dimond &
Co. sailed from New York Friday.
Oa Friday the freighter Stanley Dollar
arrived at New York from this port.
The Pacific Mall steamer Creole State
arrived at Honolulu yesterday morning at
6 o'clock.
The San Jose, with passengers and
freight for San Francisco, sailed from
Mazatlan May 24.
The Admiral line steamer President.
carrying a full passenger and freight list,
arrived here yesterday from San Pedro.
PORT TOWNSEND, Wash.. May 30.
(Special.) Coming from the orient via
San Francisco, the Japanese eteamer Jo-
raisan Maru, o? the Mitsui company, ar
rived this evening, proceeding to Seattle to
discharge a shipment of freight. She will
load for the orient at Seattle and Ta
coma. SAN PEDRO. Cal., May 30. (Special.)
The steamer West Henshaw arrived this
afternoon from San Francisco and will
clear tomorrow for Batavla.
The steamer Lyman Stewart sailed early
this morning with a full cariro of oiL She
sailed lor an unknown destination.
One species of monkey, known as
the Potos monkey, is very swift.
Built somewhat like a greyhound, it
can gallop at a speed of 18 miles an
hour and outdistance a good pony.
Port Calendar.
Steamer From Due
Vinita San Fran May 20
Steel Age N. Y.-R F.
May 29
Hayo Maru Orlent-S. F.
Wlllfaro N. Y.-S. F.
Liberator ...San Fran..
Noorderdyk ........ Europe ...
West Kader Orient ....
Benalder Yokohama .
Steel Inventor New York..
, .May 29
..May go
..May 81
,.ay 31
.June 7
.June 1
June 8
West Togus Boston June 15
Abercos Orient June is
Benvenue Yokohama ...June 15
To Depart From Portland.
Steamer For
Date.
. .May 30
Tokufuku Maru Orient ..
Seda-eDool Europe '. . .
. .May 29
Hayo Maru Valparaiso
Coaxet Orient ...
Vessels in Port.
. .Way 81
. .May 81
Steamer Berth
Alkmaar Elevator dock.
Asumasan Maru S. P. Siding.
Bearport ...Columbia dock.
Anson S. Brooks. .... Supple-Ballln dock.
K. V. Kruse (seta.). . .Knappton.
Coaxet Terminal No. 4.
Formosa (M. S.) North Bank dock.
Geo. u. -nino. IOKI.J..DU rieiens.
Mlndoro (sen.).
. .Knanpton.
Ceylon
Montague
Swifteagle
Swiftllght
Sedgepool
Swlftscout
Thistle (sch.). ..
Tokufuku Maru.
..Terminal No. 4.
..Terminal No. .
..North Pacific mill.
..Victoria dolphins.
..Montgomery dock.
..North Bank dock.
..Peninsula mill.
..Globe mills.
F
F
Fiavorable Effect on World
Trade Expected.
GROWTH WILL BE SLOW
Immediate Resumption of Xormal
Business Conditions Impossible,
. Says Guaranty Surrey.
Although unaffected, directly by
compliance of Germany with the rep
aration demands of the allies, the eco
nomic reactions in this country will
be most favorable, according to the
Guaranty Survey, published by the
Guaranty Trust company of New York
The action of Germany Is declared to
be a very material factor in the stab
ilization of world-wide economic con
ditions, i '
. Immediate resumption of normal
business conditions, however, is not
expected. The immediate effects, it
Is contended, may be more psycho
logical than material in character,
and those who expect sudden and
widespread revival in business as the
result of the agreement are likely to
be disappointed-
Collection of reparation payments
In such a way as not to disarrange
the European economic system is held
to be a. matter of the greatest lmpor
tance, and it is declared that the
domination of Europe by any one of
the greater powers would prove
misfortune. Germany must be allowed
to expand her trade if she is to make
the required payments. It la pointed
out,' and the more her exports grow
the greater will be her capacity to
utilize what other nations have to
sell.
ITnemploymeBt Still Grows.
Unemployment in the United States
is held to be one of the gravest con
sequences of the general economic
depression here, as in other countries.
Between 3,000,000 and 4,000,000 peo
ple are without work in America, it
is declared, and, contrary to the gen
eral impression, the situation became
more aggravated during the past
month instead of showing improve
ment. Gains in some lines of industry are
shown to have been more than offset
in others, and the unemployment sit
uation is held to be a symptom of
many unfavorable conditions that
must be improved before enforced
idleness of workers can be overcome.
General business depression is held
the chief cause for prevailing unem
ployment, rather than seasonal varia
tions In production. The opinion is
expressed that, while some measure
of protection against unemployment
might result from a concerted effort
to regularize production as a whole
and from the correlation of seasonal
activities, no effective remedy for the
evil is possibly so long as business is
subjected to the fluctuating extremes
of prosperity and depression which
appear with the wide swings of rising
and falling general prices. Some cor
rection of employment conditions is
possible, moreover, by concentrating
activity in construction for public
purposes in periods when private in
dustries are undergoing retrench
ment. Such relief, it is held, can only
result, however, from a. well-defined
policy for long periods formulated
with a view to meeting future condi
tions. .
Encouraging Signs Noted.
Most encouraging of all signs noted
in the survey for the reduction of
unemployment is the country-wide
Increase in building activities, which
last month exceeded all other months
within the past year. Besides increas
ing labor demand, the building revival
ia looked to with considerable hope
Because it stimulates other industries
It is expected that the railroads will
enlarge their working forces when
the new wage rates become effective
and . the reduced wage scale is ex
pected also to strengthen the demand
for lower freight rates. Continuing,
the survey says:
"The outstanding development of
recent weeks in the field of finance
has been the decline in federal re
serve banks' discount rates. Fol
lowing action by the federal reserve
bank of Boston April 14, four other
federal reserve banks have reduced
their discount rates on commercial
paper since the first of May, attended
by some easing of rates in New
York city.
"Lower interest rates, as evidence
of an easier credit condition, have
been eagerly awaited for months.
The recessions in rates recorded in
recent weeks have tended to confirm
the belief that the worst of the credit
strain -has passed, that the further
readjustment which is necessary will
ACTION 0
GERMANY
S I
ACTOR
For June Investments
Selected From Our General List
BONDS TO YIELD TO 8.10
General Obligation Municipals
Income Tax
Issse,
Adams County, Wn., a ,
Bend. Or., 6s
Bandon. Or., Ss
Douglas County, Wn,
Klamath Falls, Or., 6s.
Marion County, Or., SVis ,
Tillamook. Or.. 6s
MLTNICIPAIS inruur,nr..'T umsw
Greybull. Wyo, 7s 1931 100 "
Hardin. Mont.. 6s 1930 94
Idaho Falls 6V4s - A,5.3"
CORPORATION
Deere & Co. 7s 1931
Wheeler Timber 7s 1926 99
Write for oar full June list.
LUMBEEMENS
Broadway
MARINE DISPATCH
- DIRECT FREIGHT SERVICE BETWEEN POBTLASD
AND
STEW YORK. PHILADELPHIA, BALTIf'ORR, SAVANNAH AND MOBILE.
VIA PANA3IA CANAL.
et u yyhv.ratoR- Salllnflr Jane 4th
S. S. LIBElUinK.. Philadelphia, Baltimore.
8. S. CAPE ROMAIN Sailing About Jnne 35th
. For Mobile, Savannah, Baltimore.
n rnS H CRAMP Sailing Abont June 28th
S. S. CHAS. M. Vor NeW York. Philadelphia. Baltimore.
For Kb tea and Space Apply to
ATLANTIC, GL'LF & PACIFIC S. 8. COHPS.
C. R. Sheridan, Gen. Agt
702 Title Trnot Bids;., Portland, Or. Phone Broadway 450.
be effected under more favorable
credit conditions than have obtained
since last summer.
Credit Situation Eased.
"The reduction in federal reserve
bank rediscount rates on commercial
paper marks a definite easing of the
credit situation in general. While
they reflect the steady improvement
in the reserve position of the federal
reserve banks, they are chiefly sig:
nificant as an Indication that liqui
dation has proceeded so far as te
remove the necessity for further forc
ing of liquidation by means of the
7 per cent rate formerly maintained
in several districts.
"Moreover, the easier credit situ
ation in this country is not an iso
lated condition. Since the first of
March bank discount rates have been
reduced in England, Sweden, Den
mark, Switzerland, Belgium and
India. The fact that the current
easinsr of credit lei a general condi
tion increases the probability that
the improvement in this country
will be sustained.
"We are witnessing the repetition
of a similar experience in the ac
cumulation of bank reserves coinci
dent with retarded business activity.
Such conditions ordinarily precede a
period of declining interest rates,
which, in turn, tend to stimulate
borrowings for productive purposes.
This reaction is not altogether auto
matic, however, for the cost of bor
rowed money is but one of several
elements in the general cost of pro
ducing goods. A downward trend of
commodity prices and wages may
wholly offset the stimulating effect
of cheapened money, with receding
interest rates accompanied for a time
by further depression in business.
Difficult Point Passed.
"Accordingly, it should not be ex
pected that the decline In Interest
rates which has been recorded will
suffice of Itself wholly to relieve
business of the depression through
which it is now passing. And it is
better that the liquidation should be
thorough than that a premature, par
tial revival, which could not be sus
tained, should engender false hopes
respecting an Immediate return of
e-nnprAl nrosDeritV.
"How promptly and to what extent
business in general in this country
will be stimulated by the lower dis
count rates will depend upon funda
mental factors In the industrial situ
ation itself. The relative stagnation
in many commodity markets, the ex
pectation that general prices will re
cede further, and especially the lack
of balance In commodity prices, are
the chief deterrent of enterprise at
the present time. The event may
show that one-half per cent or 1 per
cent more or less in the discount
rate has been of slight moment in
affecting the volume of borrowings,
and that only further reductions will
induce any marked increase in bor
rowings for productive purposes.
"It is to be noted that the decline
in outside rates has not been equal
to the reductions in the rates at the
federal reserve banks. Nevertheless,
the lowering of discount rates is Im
portant as a step in the process of
restoring a more normal credit con
dition, which must precede a general
acceleration of business activity. It
I. a definite indication, as nan uecu
nointed out. that the most difficult
phase of the credit cycle has been
passed."
Movements of Vessels.
PORTLAND. May 30. Arrived at 7 A.
... ...... Ttenalder. from Yoko
hama; at noon, Japanese steamer Hayo
Maru, from San jrancisto;
steamer Wlllfaro, from New York.
ASTORIA, May 30. Arrived and left ; up
at S A. M Japanese imy 7'
, ir.on.lRM: arrived at 10. A.
.nri left un at noon, steamer Wlllfaro,
from New York via san ireuu.
SAN FRANCISCO. May 30. Arrived at
i a. f steamer Richmond, from Port
land. '
CRISTOBAL, May 20. Sailed Steamer
Wlllpolo, from r.ew lora ior ru
irntrlna Luckenbach. from Port
land for New York; steamer Jalapa, from
Portland for Danilg: Dutch steamer Moer
hhu from Portland for Hamburg and
Rotterdam.
DAT nrt a Wav 2fl. Arrived British
steamer Mount Berwyn, from Portland for
Genoa,
vpw TORK. May 29. Arrived Steanv
er Stanley Dollar, from Columbia river.
aiv TP Tt A NCI SCO. May SO. Arrived
Richmond, from Seattle; ti a. omim, irum
Coos Bay; Escalona, rrom Dnwjgnw.
TACOMA. Wash.. May 80. Arrived
ix.nr.hin Finnla. from San Francisco
Quadra, from Britannia Beach, B. C.; La-
touche. from Alaska ports.
SEATTLE. Wash., May SO. Arr
rved
NOTICE T0C0NSIGNEES
7vrTir. IS HEREBY GIVEN TO CON-
KIGNEES holding bills of lading covering
freight due to arrive from Atlantlo ports
n., iickuici. - - - -. . . . auw
"CLEMENCB O. MORSE that possession
of these vessels having been taken by the
United State Shipping Board, represent
,h united States of America, full
freight chargea without discount, remain
ing unpaid at the time of shipment, are
Davable to. and will be collected by tha
I .jHCU oinn uu.f,".B J .
appointed agents, McCorsnlck A McPher
ranr.iwnted In Portland by Columbia-
Pacific Shipping company, for the steamar
ANNA K. MORSE, and North Atlantlo
ft Western Steamship company for the
steamer "CLEMENCK U. MUKBBJ.
UNITED STATf" 8H1PPINO BOARD
Bond Department
Exempt
Doe
Price)
Yield
6.25
'6
6
5.90
t
T
7
7
7.65
3.10
1922
1931
192H-41
1922
ia29-30
1924
100
100
99.23
100
98.91
100
1931
and Oak
Horaisan Maru. from Hongkong via Toko
hama and San Francisco; Latouche. from
southwestern Alaska. Departed Queen, for
Los Angeles via San Francisco; Alameda,
for' southeastern Alaska.
SAN PEDRO, Cal.. May SO. (Special. )
Arrived Steamers Admiral Dewey, rrom
Seattle, 4 P. M. : West Henshaw. from San
Francisco, 3 P. M. Sailed Steamers Yale,
for San Francisco, 8 P. M ; Point Judith,
for San Francisco, 0 P. M. ; Lyman Stewart,
1AM.
Ship Reports by Radio. ,
(Furnished
America.)
by Badlo Corporation
of
Positions reported at 8 P. M. yesterday,
unless otherwise Indicated, were as follows:
OZMO, Seattle for Kuskokwlm, 210 miles
trom Seattle.
WHEATLAND MONTANA. Seattle for
Yokohama, 892 miles from Seattle.
QUEEN. Seattle for San Francisco. 125
miles from Seattle.
CHEPADOA. Honolulu for New York.
641 miles east of Honolulu at 8 P. M..
May 2.
WEST JENA. Honolulu for Los Angeles.
1114 miles from Los Angeles at 8 P. M .
May 24.
BRADFORD, Vancouver for Panama.
81-1 miles north of San Francisco.
MOBILE CITY. San Francisco for Hono
lulu. 530 miles northwest of San Francisco.
ADMIRAL SEBREE, San Francisco for
Seattle, 194 miles south of Cape Flatterv.
VINITA. Ban Pedro for Portland. 38
miles south of Columbia light vessel.
COLIN H. LIVINGSTON, B"lllngham for
San Pedro, 428 miles south of Cape Flat
tery. LIBERATOR. 8n Francisco for Astoria,
50 miles south of Columbia river light ves
sel. SAN JOSH. Cristobal for San Francisco.
1120 miles south of San Francisco, 8 P. M.
May 2!.
CREOLE STATE, San Francisco for
Honolulu. 1909 miles from San Francisco,
8 P. M. May 29.
NILE. San Francisco for orient via
Honolulu. 788 miles from San Francisco,
8 P. M May 29.
WILHELMINA, Honolulu for San Fran
cisco, 718 miles from San Francisco, 8
P. M. May 29.
MOBILE CITY, San Francisco for Hono
lulu, 255 miles southwest of San Francisco,
8 P. M. May 29.
ORIFFDU. Corintn for San Francisco.
110 miles south of San Francisco.
ROTARIAN, San Francisco for Ponce
harbor, Porto Rico, 2U8 miles from San
Francisco.
ALBERTOLITH. Vancouver, Wash., for
San Francisco, 160 miles north of San
Francisco lightship.
Tide at Astoria Tuesday.
High. Txw.
7:56 A. M....6.1 feet'2:29 A. M 2 6 feet
8:81 P. M 8.0 feeti2:02 P. M....2.3 feet
Report From Mouth of Columbia.
NORTH HEAD. Mav SO Cond'tlon
the sea at 6 P. M., smooth; wind, west
TRAVELERS' OI'IMR.
'For Comfort to Europe Boats Vis
K. M. 8. r.
EUROPE
Fortnightly by "O" Steamers.
NEW YORK
Cherbourg-Southhampton
Hamburg
Oropeaa June 4 July 16
Orduna June 18 July 30
Orblta July 2 Aug. 13
1st, 2d and Sd class pasaengera.
Tours round South America.
Summer cruises to the Norwegian
Fjords on R. M. 8. P. Avon. For par
ticulars, apply
THE ROYAL MAIL STEAM PACKET
COMPANY
204-205 Rainier Bldg., Seattle, Wash.
Or Any Steamship Ticket Agent.
Triple screw. Twin screw.
Steamer Tickets
ToEurope
Oregon-Pacific Company
203 Wilcox Bldg, Portland. Or.
Main 4565
PASSENGER AGENTS
Royal Mail Steam Packet
Company
and
Holland-America Line
TO EUROPE
by the Plrtnrraqne
St. Iswresee River Rontr.
MAKE RESERVATIONS NOW.
Hailing EVery Few Daya From
MONTREAL and QUEBEC
LIVERPOOL, SOUTHAMPTON
GLASGOW, HAVRE, ANTWERP
Ocean Trip Shortened by Two De
lightful Daya on the Shel
tered River and Gulf.
Apply to Agents everywhere er to
V.. E. Penn. (.enrral A cent !.
Dep't, 55 Third St. Phone Broad
way 00. Freight Dep't 55 Third tit.
CANADIAN PACIFIC RAILWAY
Traffic Agenta.
Dally rasaenger Service
ASTORIA, SEASIDE
and Way I'otnta
Autos Lt. Portland 2 A. M.. A. M.
Autos Lv. Astoria 7:30 A. M., 8:16 ?. at.
Office and Waiting; Room
New Houston Hotel.
Sixth and Everett. Tel.. Br. 1SS.
Oregon Motor Transportation Co.. Inc.
ASTORIA AND WAY TOINT8
STR. GEORGIANA
Round trip dally (except Friday!
Leave Portland T:10 A. it.
Alder-street Dock.
Direct Connections for Sswlde.
FARE 2.00 EACH WAY.
Four-day Weekend, Hound Trip, f S 00.
Night boat dally (except Sunday)
7:30 P. M.
Direct connections for North Beach
Maia Ufi. Ml-ii. Aider-St. Dock.
LAMPORT CHOLT LINE.
Regular sailings of hmirloas steamers 17,000 ton dir
placement, ecpeeiallv designed for travel in the troour
Company's Oflus, 42 Broadway, Mew York.
Uoraey B. Smith, Acent. ISO Broadway,
Journal Hulldlns. Portland. Or.
AUSTRALIA
t Honolulu. But. New Zealand.
The 1'alatlttl Passencer bteaniera
B. II. ri. NIAGARA, li. M. 8. J tkvUUA.
ZO.OOO Tons 13,500 Tona
Sail from Vancouver, B. C
Far rate and aailincs apply Can. Paa.
Bailway. SS Third M., Portland, or Canadian-Australasian
Royal Mail Line, i
Seymour bt.. Vancouver, B, C
-y. KIO DCJWNEJHQ MONTEVIDEO
We Offer
and
Recommend
PENDLETON, OREGON
5 Fire Equipment
Bonds
Maturing In 30 year.
Optional after SO years.
To yield to optional dale.
rOMEROY, WASHINGTON
5 Water System
Bonds
To yield B.
Maturing serially, 1020-1040.
TACOMA, WASHINGTON
6 Improvement
Bonds
To yield 7fr.
Due In five year.
Optional after tint year.
Descriptive rlrralar upon
request.
G.E.MILLER
& COMPANY
GOVERNMENT
MUNICIPAL
COBPOHATION
BONDS
TELEPHONE. AlrM 4-
04 56 Northwestern EanK Building
POHTUMO, O R E i O N
a t
Sew Issue
Toppenis!)
Washington
7 Improvement
Bonds
Denomination ?200. Estimated
maturities one to ten years.
Toppenish is the second city
in size in Yakima County and
the trade center of a vast
area of the famous Yakinw
Valley.
A community's future depends
upon its resources, the most
staple of which is agriculture.
Carload shipments from Top
penish during 1920:
Hay 3,149
Grain 293
Fruit 110
. Potatoes 816
Sugar 230
Livestock' 256
Sugar Beets.... 700
Total.. 5,604 "
Price:-100,yielng7
Manitoba
Ten-Year
6 Gold Bonds
Due May 15, 1931
A direct obligation of the
Province of Manitoba, Canada.
To Yield Over 7.20
(for payment in U. S. Funds)
Circular on request for OIt-S9S.
The National City
Company
Offlcea In more than 50 clllen.
Yeon nidic Portland, Or.
Telephone Main A072.
WHY DOES A BIG SHIP !
LAST A HUNDRED j
YEARS?
Even though buffeted by storms,
it rides the ocean highways s s
on a cushion.
Same way with your car and tires,
if the pavement has a cushion
6uch as furnished by the resili
ency in Warrenite-Bitulithic.
HOTEL HOYT
Strictly Fireproof. Near both depots
and convenient car service to
all parts of rltr.
Single Rooms Without llnth, ft and op
Single Rooms With Itulh, i and Bp
tLHKKT S. KOI1K. Manager.
Phone your want ads to The Or
ronlan. Slain 7070, Automatic 060-93.
H Wire orders "collect."
CAMP g
0 ininaiM uiloioo
A riFTM MO lOe 3
Jg S74A j