2L
THE MORNING OREG ONIAN, SATURDAY, A PRIX 15, 192
AVEhAGE egg price
ORG!
HIGHER
Growers Fare Better Here
Than in Other Markets.
ASSOCIATION POOL RATES
Independent Buyers Attempt to In
vade Territory of Co-operative
Poultry Producers.
Because of the conflicting reports of
prices paid by buyers of eggs, an extensive
Investigation of the matter has been made
by U. I. Upson, general manager of the
Pacific Co-operative Poultry Producers,
who has sent the following letter to man-
bors of the association:
"With this letter we are sending out
checks In payment of the 12th pool for the
week ended March 23, on the following
basis: Extras, selects and browns, 24c;
firsts, 22c; pullets, 20c; cracks, 19c. These
prices are in reality higher than the actual
average- selling prices for the- week, after
deducting retail sales cost, but we are able
to pay these prices because of the fact
that there was a rise in the market, which
gave us a profit on the 'inventory' carried
over from pool No. 11, which amounted to
2.7c a dozen, and. therefore, practically
offset the retail sales costs for that week.
When these prices are compared with the
prices prevailing in San Francisco and Se
attle the comparison is favorable to our
association. The prices at which extras
were selling in those markets during that
week were as follows:
S. P. Seattle.
March 17 $0.28 10.24
March 18 2B .24
March 2 27 .24
March 21 27 .24
March 22......". 285 .24
iiarch 23. 2tt .24
J1.5S5 11.44
Less lKo on Pan Francisco
and 6 on Seattle to get
net wholesale 1585 .086
1.42B5 $1,854
Averages (divided by 6) 237 .223
"Pullets averaged 21-7c at San Francisco
snd 18.8c at Seattle.
"Our present pool pays 22c for extras,
seiects and browns and l$c for pullets
after deducting all selling costs, and the
average for the pool is 21c f. o. b. Port
land. The local market declined slightly
during the week ended April G, but has
again reacted at this writing.
"As you know, at least one of the pack
ers and some of the other buyers are offer
ing 23c for hennery whites f. o. b. Port
land, and in some localities where we
have a large membership that is inclined
to be disloyal. Let ua analyze this price
as compared with prevailing selling prices
oi all markets.
"Storage packed extras and selects are
worth 2614 c at present. The New York
market is only 34c on these grades, and
since it costs 12c a dozen to put these eggs
Into the New York market it has not been
possible for us to sell on that market for
the last month or more.
Those buyers who are paying 23c for
hennery whites- are finding that these eggs
are actually existing them 28c, as follows:
First cost of eggs, 23c; cost of candling,
c; loss by reason of percentage of lower
grades, 3a; cost of new cases, flats and
tillers, etc., l"4c; a total of 28c. Why do
you suppose they are willing to pay 28c
or eggs which they can buy from your
association for 26c? This is the price
they are advertising and. as we all know,
Uisy are paying more than, this- In those
Jooallties where they can expect to buy
from disloyal members. Every dealer In
Portland knows these facts and is chuc
ttltoc over the way some poultrymen are
selling out for a "mess of pottage. If
awery poultryman who Is betraying his
(allow poultrymen could know the con
tempt these same dealers feel for him he
certainly would, not have reason to feel
Tary proud, of himself.
"Fortunately, not every member of the
association Is 'selling out' to our enemies,
as la evidenced by the vote on the
amendments at the special election held
Harch 27."
' DAKOTAS MAY JOIN NORTHWEST
Participation In Co-operative Wheat Mar
keting; Is Planned.
Participation of North Dakota and prob
ably South Dakota and Minnesota In co
operative wheat marketing on the " 100
per cent-pool basis as early as the 1922
harvest seems definitely assured by de
velopments east of the Rocky mountains
during; the past week. Whether the new
state associations will operate as an ad
ditional sore similar- to the Northwest
Wheat Growers associated under the pro
posed national federation or. during the
first year, as a part of fhe Northwest As
sociated, has not yet been determined.
But a strong movement is under way
to combine all of the proposed organiza
tions now in Dakota into one state as
sociation with a pooling contract for
work In close accord with the societies in
Oregon. Washington. Idaho and Montana.
Meetings sre being held of proposed or
ganizations with membership representing
a total production of approximately 20,
000.000 bushels, to plan the unified or
ganization. Instrumental in the work are
U. I. Burdick of Fargo, formerly director
of the U. 0. Grain Growers, Inc., and
George E. Duls of Grand Forks, manager
of the North Dakota Wheat Growers' as
sociation. Responding to request for assistance
from these states tho hn.ni . . .
or xne iNonnwest Wheat Growers' asso
ciated at Its meeting in Portland last
week arranged to provide assistance In
setting up the selling and financial or
ganizations east of the mountains and
announced that no effort would be spared
In helping the new state groups to get
on a firm operating basis.
' Holiday in Grain Market.
With grin exchanges closed all over
trie world for the Good Friday holiday,
there was but little interest shown in
th grain market locally. No session of
thn Merchants' Exchange will be held
today.
Terminal receipts, in cars, were re
TOrted as follows:
Portland WH pi. u
ruiay xii
Year apo 7 2
F.eason to .l.Ue 25.9"9
Vwr aco 14.405
Taooina
Thursday .... J
Tpar apo .... 9
F-eason to dare. 0,408
Year a BO 4.0S
Seattle
Thursday .... 35
Year ago 5
Season to date 7.53I
Year ago ..... 4.242
13 1 17
3 4
207 1951 ROO 17R5
241 712 493 176
10 1 6
'97 1168 ii5 '73B
49 852 125 863
4 3 2
5
177 1S7S 3S0 1406
204 399 405 1249
Butter Market in Good Condition.
The butter market continues in a healthy
condition. The active demand for cubes
of all grades is equal, to the supply.
Eggs were taken In at 20 and 21 cents
and by far the larger part of the arrivals
were packed for storage. The market was
steady.
Poultry was firm with a small supply
Light Hens
2324t Per Lb.
Market very firm now; ship immediately.
The Savinar Co., Inc.
100 raosi sx; POJUXAXD. OR.
on hand. Receipts of country dressed
meats . were moderate and the market
continued weak.
Eggs at Cottage Grove 16 Cents. .
, COTTAGE GROVE, Or.. April 14. (Spe
cial.) The price of eggs has been holding
firm here during the past two weeks at
between 19 cents and 18 cents. Dealers
do not anticipate a return to the old
level of 13 cents, neither do they antici
pate an advance in price in the near
future.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday were as follows:
Olearines. balances.
Portland $5,003,214 $1.3!i.!74
beanie ts.U7o.4-4 l,ii;i.4.
Tacoma, transactions 2.219. 0IM
bpokane, transactions 3,4oi,bi4
Bankers' Acceptances.
Quotations on. bankers' acceptances fol
low: . Days
30 60 90
Prime eligible members, pet... 4 4 4
Prime nonmembers. pet 4 4 44
PORTLAND M A H H. T QUOTAT,IONS
Grain, Flour, Feed. Etc.
No session Merchants' Exchange.
FLOUR Family patents, "58.60 per bbL;
whole wheat, $7.80; graham, $7 40; bakers
hard wheat, $7.90; bakers' bluestem pat
ents, $7.80; valley soft wheat, $0.50;
straights. $6.35.
M1LLFEKD Price f. o. b. mill: Mill
run, ton lots. $29; mixed cars. $28; straight
cars. $27 per ton; middlings, $43; rolled
barley, $3739; rolled oatF, $42; scratch
feed. $52 per ton.
CORN White. $36; cracked, $38.
HAY Buying price f. o. b. Portland:
Alfalfa, $20 per ton; cheat. $13.50!;
oats and vetch, $17; clover, $14; valley
tlmof y, $16017; eastern Oregon timothy.
$20 21.
Dairy and Country Produce.
BUTTER Cubes, extras, 3031o per lb.;
parchment wrapped, box lots. 35c: cartons.
36c Butterfat, buying prices; No. 1 grade,
00c, delivered Portland.
EGGS Buying prices. 2021c dozen, case
count; henneries, 23c; jobbing prices, case
count. 22c; candled ranch, 23 24c; select
25c
CHEESE Tillamook triplets. price to
Jobbers, f. o. b. Tillamook, 26c; Young
Americas. 27c pound.
rut UTKT Hens. 22(B20- ducks, nom
inal; geese, nominal; turkeys, live nom
inal ; dressed, 35 38c.
PORK Fancy, 15"4c per pound.
VEAL, Fancy, 14c per pound. ' .
Fruits and Vegetables.
Ioeal jobbing Quotations;
FRUITS Navel oranges. $6.508.25 box;
lemons. $6.25S: grapefruit, $3.508.50
box; bananas, 8 610c pound: apples. $1.60
4 per box. Strawberries, $7 per crate.
rui'AIOES Oregon. X1.251.50 rer IOO
pounds; Yakima, $l.752 per 100 pounds:
sweet potatoes. Eastern, $2.753 per crate.
iwflo uregou yellow, lulc pounu;
Australian. 11c per pound.
ViStiiiXABLES Cabbage 3"45'Ac per
pound; lettuce. $3 4.25 crate: carrots.
$2.503 sack; garlic, 1015c per pound;
green peppers, 40 45c per pound; celery,
jiig'jli. crate; cauliflower. J2tf2.75 crate:
parsnips, $2.503 per sack; tomatoes, $2.50
per lug; artichokes, $1.75 dozen: cu
cumbers, $1.253 dozen; rhubarb, $2.7i
J per dox; spinach. 54 per crate: asnara
gus 2023c per pound; turnips. $2.503
per sack; green peas, 22 250 pound.
Staple Groceries.
Tical jobbing quotations:
L- T - I A TJ . -. 5 - 1 . : .. . . . .
6.50c pound; beet, 6.20c per pound.
NUTS Walnuts, new crop, 2327c per
riming- TJ -o ,1 1 n,,fD on.. 1 J n . a
2ic; peanuts, 1012 per pound. -
HIPP T)lii Rn,. .1 . tl - - 1 .
Japan style, 6 He per pound.
COFFEE Roasted, bulk, in drums, 19 H
23tA Der nnunri
SALT Granulated, bales, $3.254.05;
half ground, ton, 50s, $17; 100s, $16.
HONEY Coma, new crop, $4.505 per
case.
DRIED FRUITS Dates, 14c per pound,
figs, $1.9042. To per box; apples, 15o per
pound; peaches, 16c; apricots, 23c; prunes
14c.
BEANS Small white. 7M.c; large white,
61ic; pink. 6Hc; bayo. 64c; red, 0c;
lima, 11c potyitt.
Hides, Hops. Etc.
HIDES Salt hides, 5c: salt buHa. 4c;
green balls, lo less; grubby h'.des and
bulls, lc less; salt calf, 10c; salt kip, 7c;
salt horse hides, $12 each; dry horse
aides. 50c$1.00 each; dry hides 10c; dry
cull hides, half price.
PELTS Dry pelts, 1517c; dry short
wool pelts, half price; salt pelts, full
wool, March- take-off, $1.251.75 each;
dry goat skins, 12c (long1 hair. -
TALLOW No. 1, 4V4c; No. 2, Sttc per
pound; tank tallow, 2c per pound.
CASCARA BARK 6c pound delivered
Portland.
OREGON GRAPE Grape root. 6c per
'pound.
HOPS 1921 crop, 1820o pound; con
tracts. 15 18c.
WOOL ew clip Yakima, 1825c per
pound; valley wool, fine. 25 27c; me
dium, 23 25c; quarter blood, 18 20c;' low
quarter blood, 1518c; braid. 13 15c;
matted, 10 12c.
huhaik Long staple, 28 30c. deliv
ered Portland; short staple. 1820c pound.
GRAIN BAGS Carlots, 8489ic coast.
Provisions.
Local Jobbing quotations:
HAMS All sizes. 34 38c; skinned, 38
40c; picnics, 1819c; cottage roll, 26c.
BACON Fancy, 4046c; choice. 30
80c; standard, 24 26c
LARD Pure, tierces, 1540 pound; com
pressed, tierces, 15c.
DRY SALT Backs. 18 21c; plates. 18c.
Oils.
LINSEED OIL Raw. In barrels. $1;
1-gallon cans. $l.lfi; boiled, in barrels,
$1.02; e-gallon cans. $1.17.
TURPENTINE In drums. $1.15; S-gal-lon
cans, $1.30. 1
WHITE LEAD 100-pound kegs. 1254c
per pound.
GASOLINE Tank wagons and iron bar
rels. 26c; cases. 384c.
Lumber.
The following are direct quotations on
Douglas fir and represent approximately
prevailing f. o. b. mill prices in carlots and
are based on orders that have been nego
tiated: Pre
vailing Flooring High. Low. Price.
1x4 No. 2 VG $49.00 $45.75 $47.00
1x4 No. 3 VG 37.00 25.00 37.00
1x4 No. 2 fc B, SG 30.00 29.00 29.00
1x6 No. 2 & B, SG . . . . 32.00 30.00 32.00
Stepping
No. 2 & B C2.00 60.00
Finish No. 2 and better
1x8 10-inch f. . 63.00 411.25 51.00
Casing and base 60.50 58.00
Ceiling
x4 No. 2 & B 30.00 26.75 28.00
1x4 No. 2 & B 31.00 27.75 29.00
1x4 No. 3 26.00, 24.00 24.00
Drop siding
lxl! No. 2 & B 36.00 28.00 29.P0
lx No. 3 28.50 24.50 24.50
Boards and SL No. 1
lx8-10-inch S 1 S 12.50 10.no 11.50
lxl2-inch 13.00 12.00 12.00
Dimension No. 1, S&B
2x4 1 2-14 12.00 10.50 11.50
Planks and small timbers
4x4 12-16 S 4 S 16.50 15.00 15.50
3x10-12 12-16 S 4 S 18.00 17.00
Timbers 32 feet and under
6x6 8x10 S 4 S 22.00 19.50 . .
Lath '
Fir 4.50 4.45
QUOTATIONS ON DAIRY PBODICI
Current Prices Ruling on Butter. Cheese
and Eggs.
SAN FRANCISCO. April 14. (V. S. bu
reau of markets.) .Butter Extra. 36c:
prime firsts, 354c.
Eggs Extras. '27c; extra firsts. 274c;
extra pullets 24-sC; extra pullets firsts!
23V3C; undersized No. 1. 2lc.
Cheeso California flat fancy, 33Vic; flat
firsts, 23c; Young America fancy, 22"ic.
NEW YORK, April 14 Butter, unset
tled; creamery, higher than extras. 3814
3c; creamery extras, 37Vs3Sc; firsts,
35li 37c.
Eggs, steady.
Cheese, irregular.
CHICAGO, April 14. Butter. higher;
creamery extras, 37c; firsts, 3314 36c
seconds, 3132i4c; standards, 37c.
Eggs, steady; receipts, 25,234;. firsts,
23 1-3234c; ordinary firsts, 21422c;
miscellaneous, 21423c: storage packed!
extras, 2626"4c; storage packed firsts
25V4c.
SEATTLE. April 14. Eggs and butter,
unchanged.
Oregon Wool Steady at Boston.
BOSTON, April 14. The Commercial
Bulletin tomorrow will publish wool prices
as follows:
Scoured basfs Oregon eastern No. 1
staple, $1.051.10; fine and fine medium
combzing, $1; eastern clothing, 85c; valley
No. 1. 90c.
Sugar Market.
SAN FRANCISCO. April 14. Califoxnia
Hawaiian raw sugar, 4.04c.
STOCK BULLISH
EXPECTED TO STAY
No Development to Lessen
Confidence Yet Noted.
STRIKE SMALL FACTOR
strange as It May Seem, Wall
Street Is Not Altogether Aligned
on Operators' Side.
BY MONITOR.
(Copyright by the Public Ledger Company.
Published by Arrangement.)
NEW YORK, April 14. (Special.)
Market developments during the week
V. io.lniar) fsalnrna nf a disfiOUraC'
ing nature or any that would causo a
lessening of bullish confidence, aaiae xrom
t Tt a i..Difi.Kla lincoaincil' r VPP the COBi
strike outlojk. The possibility of a con
traction beginning to show indubitable
signs of revival is calculated to throw
something if a chill over enthusiasm. The
street, however, while opposed to gov
ernment intervention as a matter of
principle, is inclined to the view that the
coal strike situation furnishes a legitimate
exception. .
Strange as It may seem. Wall street
is not altopether aligned on the side of
the operators in the present controversy.
It believes that the demand of the miners
for an increase in wages, or even a con
tinuance o! the present scale, represents
an econonii i absurdity. It does believe.
however, thet the miners are entmen xo
larger aggregate wage payments than
rhv n n w rfceivine. It feels that rem
edy lies not along the line of a higher
wage scale, which would tend still further
to increase production costs but through
co-ordination of the agencies of produc
tion and distribution. The suggestion 01
F. D. Underwood, president ot tne ivne
railroad, calling for the limitation of the
niimhof of nrnriucinfz- mines, is considered
step in the right direction, although this
in itself would not afford a full cor
rection of -he existing economic evils in
the industry.
Optimism prevails throughout too many
lines of enterprise to permit a revival iu
be checked by any single untoward inci
dent, even one so important as a con
traction of fuel supplies. The business
world is hptrinnine to get back its courage.
The contagion imparted by the favorable
money situation rising security prices, the
increase in purchasing power resulting
from higher prices for farm products and
e-Ain in industrials employment afford an
other illustration of the beneficial work
ings of mass psychology.
- .
We evidently are in the early stages of
an epidemic of business enthusiasm, tem
pered fortunately . by the experience
through which the country has passed in
the last two years.
Encouraging developments are not con
fined entirely to the domestic situation.
In spit3 of bickering and snarls, the Genoa
conference furnishes the basis, for solid
hopes. The English bank rate has been
cut to 4 per cent. British board of trade
figures on foreign-trade, while still leaving
much to be desired, indicate an improve
ment. Exports of yarns in March were
19,000,000 pounds against 15.000,000 pounds
in February and 15,000,000 in January.
Our own figures on exports and imports
for March show a substantial gain over
February.
Although the rails have been steady to
firm, the most pronounced advances have
taken place among the industrials and
specialties. There is a strong feeling that
the next important price movement will
be seeu in the form of an advanc in the
rails, and that will not be long delayed.
NSUUCE PREMIUM BIG
XT. S. COMPANIES IN- CANADA
DRAW $49,000,000.
Income of Business Written by
Canadian Companies in 1921.
Totals $14,800,000.
OTTAWA, April 14. (Special.) The
total net premium income of American
life and fire companies in Canada in 1921
was approximately $49,000,000. This is
one-third of the total premium incomes of
all life and fire companies that did busi
ness in Canada last year.
The total premium income of the Can
adian business solely of Canadian life
and fire companies was $70,139,495. In
addition, Canadian companies wrote a
great deal abroad, the net premium in
come of the latter having been $14,800,000.
The net premium income of British life
and fire companies fell below those of
either the Canadian or American compan
ies. It was $26,331,247. Of thi3 the five
companies with a high standing in Can
ada, had premium incomes amounting to
$23,413,000. The premium income of Brit
ish life companies was $2,917,418.
In 1920 the total premium income ot
Canadian life and fire companies on Can
adian business was $65,209,358; British
companies. $28,108,750; American com
panies, approximately $47,000,000.
The total net amount of life insurance
written in Canada last year . was
YOU ABOUT Th
PLAYED To DAY
r i
you :
HAPPV I
DeAR? OH So J
X. HAPPV
V y Dear
V r
$514,687,000. By Canadian companies
alone it was $332,637,929, against $387,
619,760 in 1920. The British life companies
wrote $15,660,737, against $14,976,038 in
1920, while the foreign companies, almost
entirely American, are credited with $166,
388.945, as against $227,615,0116 in 1920.
The total net business written in all
countries by Canadian companies was
$410,000,812, as against $630,110,000 in
1920.
Last -year was not as satisfactory for
fire insurance companies in Canada as
was 1920, the net losses having been
$27,463,837, as against $22,961,085 fgr 1920.
Th net amount at risk by all fire com
panies in Canada was $5,987,358,051, as
compared with $5,969,872,278 for 1920. Of
this, $1,046,125,610 is held by Canadian
companies, $3,039,109,169 by British com
panies and SI, 902, 123, 271 by foreign, or al
most entirely American, companies.
Foreign Exchange.
Foreign exchange rates at the close of
business yesterday, furnished by North
western National bank of Portland. The
amount quoted is the equivalent of the
foreign unit in United States funds:
Country Unit. Rate.
Austria kronen .....$ .0003
Belgium, francs 0070
Bulgaria, leva 0OS0
Czecho-Slovakia, kronen , .0710
Denmark, kroner .2135
England, pound sterling 4.4250
Finland, finmark 0205
France, francs 0936
Germany, marks 0036
Holland, guilders 3805
Hungary, kronen , 0020
Italy, lire 0548
Jugo-SLavia, kronen .0040
Norway, kroner 1SS5
Portugal, escudos 08S0
Roumania. lei 0082
Serbia, dinara 0145
Ppain, pesetas 1 560
Sweden, kroner -. 2615
Switzerland, francs 3952
China Hongkong, local currency.. .5485
Shanghai, taels 7450
Japaji, yen 4800
NEW YORK. April 14. Foreign ex
change, steady; Great Britain, demand.
$4.41 cables $4.41 60-day bills on
oanks, $4.;jy; France, demand y.28c,
cables 9.29c : Italy, demand 5.44c, cables
5.44fcc; Belgium, demand 8.-54 c,' cables
8.55c; Germany, demand 33ct cables
34c; Holland, demand 87.92c, cables 37.95c;
Norway, demand 18.65c; Sweden, demand
26c; Denmark, demand 21.25c; Switzer
land, demand 19.46c; Spain, demand
15.53c; Greece, demand 4,50c; Poland, de
mand .02c; Czecho-Slovakia, demand
1.92c; Argentine, demand 35.87c; Brazil,
demand 13.75c; Montreal, 97c
Oregon Banking and Bond
New.
Boosting for good roads Is the chief
hobby of Judge Edgar Marvin of the
Ltostlne State bank, who was In this city
yesterday. He reports that there Is a
more confident feeling among the farmers
and stock growers of Wallowa county than
for a long time. Lf crops keep on advanc
ing in price many growers who now owe
large sums of money will be able to liqui
date this fall, he believes.
'
Sheep men of Malheur county are en
couraged by the price prospects for the
ccming season but now are working hard
to save the lambs from the severe cold,
according to J. R. Blackaby, president of
the First National hank of Ontario, who
was in Portland yesterday. Lambing sea
son has started and the weather has been
so bad that many of the sheep men are
fearful that they will lose many of the
young lambs.
A number of out of town bankers in
Portland yesterday threatened to sever
diplomatic relations with the weather man
unless something is done to stop the In
cessant ram. Among them was K. O.
Blanchard, president of the First National
bank of Hood River. - "The season is back
ward in the Hood River valley," said Mr.
Blanchard, "but I do not thtnk that it will
greatly affect the fruit crop."
, m
Citizens of Scappoose wtii be greatly
benefited financially through the comple
tion of the proposed diking project to re
claim a large section of overflow land, ac
cording to E. E. West, president of the
First National bank of Scappoose, who was
in Portland yesterday. Preparations are
being made to sell bonds to raise funds for
the diking of the low lands.
A more optimistic feeling is felt over
the entire Pacific coast, according to Clar
ence R. Nesbit, of the National Bank of
Commerce, who was in Portland yesterday
conferring with officers of the United
States National bank. Mr. Nesbit is the
New York bank's representative on the
coast and he is a constant observer of busi
ness conditions.
Bert C. Miller of O. E. Miller & Co.,
bond dealers, returned to Portland yester
day morning after having spent several
dayr in central Oregon.
After having spent three weeks in the
larger cities of the east E. C. Sammons of
the United States National bank will re
turn to Portland tonight.
-
Leslie Butler, president of the Butler
Banking company of Hood River, was In
Portland yesterday.
RETAIL TRADE GENERALLY BETTER
Improvement Noted Despite Unfavorable
Weather and Strikes.
NEW YORK. April 14. Bradstreefs to
morrow will say:
"The general impulse is in the direction
of improvement and retail trade and in
dustry generally are better despite, rains,
bad country roads and strikes. The sit
uation is necessarily so irregular, however,
that the characterization of "spotted" per
haps best expresses the general outlook
"As to the weather conditions, it might
be, said that the rains in the west, while
delaying crop work, holding down 'spring
retail distribution and flooding the coun
try's streams and lowlands, have compen
sated In a tendency greatly to improve fu
ture crop and soil conditions.
The strikes, however, especially that of
the coal miners Involving the voluntary
idleness ot 650,000 men, is virtually a tax
on industry as a whole, .lust as truly as
failure and fire losses constitute a menace
to all trade and industry at a time when
nearly all other prospects are pleasing."
New York Silver Market.
NEW YORK, April 14. Foreign bar sil
ver, 65 c.
Mexican dollars, 50 &c.
AND THEN SHE
Yes xtEAR
E0 TELL
A.MYTHINo
Me Dear
VoU'D LIKE
I TLL YoU-l-Uie POOR
Do You Thinjk I'm fHf
KikD That CHEATS- F
00 X0 ILL QUIT RIGHT
novm r
-And Ihekj
Took up .
60LF.
ILL LIKES M. STEADY
THREE LOADS SHORN SHEEP
COME FROM YAKIMA.
Trading Is Mainly in This Division.
Buyers Pay $ 1 1 for
' Iambs.
Three loads of shorn sheep from the
Yakima section were all that arrived at
the North Portland stockyards yesterday.
There were no changes In prices during
the day and the tone of the market on
the whole was steady. The largest move
ment was in the sheep division where two
loads of lambs were sold at $11.
Receipts were 408 sheep.
The day's sales were as follows:
Wt. Price. I
l30 S 4.75I
Wt. Price.
205 $11.00
90 12.00
1 cow.
1 cow.
14 hogs. .
1 lamb..
4 lambs.
4 yrlgs..
1 buck. .
2 hogs. .
16 hogs. .
20 hogs..
12 hogs..
lUBO 10.00:
1 bull. . 1050
4.50
50
52
ISO
100
202
175
200
216
HO
01
79
89
130
140
106
3.00
13 hogs. 9
4 Hogs. 355
2 hogs. 1S7
32 hogs. 175
21 hogs. 206
10 hogs. 180
5 hogs. 2,32
12 hogs. 384
3 hogs. 326
6 hogs. 210
44 hogs. 230
6 hogs. 98
35 hogs. 215
12 hogs. 185
4 hoes. 287
10.25i
J 1.501
11.25!
11.35)
11.00
8.00
5.00
11.50
11.00
11.00
11.00
11.00
11.00
11.00
8.50
11.00
7.00
5.00
4.00
11.23
11.25! 21 hogs..
11.23! 1 lamb..
10.501216 lambs.
10.601 35 lambs.
11.00395 lambs.
10.501 2 ewes. .
11.00' 6 ewes. .
11.001 3 ewes..
10.501
Prices Quoted at the Portland
Union
dockyards were as follows:
Cattle Price.
Choice steer $ 7.50 8.00
Medium to good steers 6.50 7.50
Fair to medium steers. 6.00 IP 6.50
Common to fair steers., 5.00 6.00
Choice feeders 5.00t 6.00
Fair to good feeders ...... 4.50(3 6.50
Medium to good cows, 'heifers. 5.25 6.00
Fair to medium cows, heifers. 4.50 5.25
Common cowa 3.50(g) 4.50
Canners 2.00ft) 3.50
Bulls 3.508 5.00
Choice dairy calves 9.5030.00
Prim-e light calves 9.00(9) 9.50
Medium to light calves.. 6.50 9.00
Heavy calves 4.50 6.00
Hogs
Prime light 11.0011.50
Smooth heavy, 20O to 300 lbs.. 10.OOll.0C
Smooth, heavy, 300 lbs. up.... 9.00i 10.00
Rough heavy 7.00 9.00
Fat pigs 10.50(3)10.73
Feeder pigs 10.2510.fi
Stags, subject to dockage..... S.00 7.00
Sheep
Best spring lambs 30.0013.0ff
Medium spring lambs 7.60(10.00
Common spring lambs 5.00 7.00
East-of-mountain lambs 12.0014.00
Best valley lambs 11.00 13.00
Fair to good 10.00 11.00
Cull lambs . . . 6.00 8.0ti
Eastern Oregon feeders 9.0010.00
Light yearlings 9.0010.00
Light wethers 9.5010.00
Heavy wethers 9.00 9.50
Ewes 3.00 7.50
Chicago Livestock Market.
CHICAGO, April 14. (United States Bu
reau of Markets.) Cattle Receipts,. 3000
head ; bee-f steers uneven, mostly steady ;
good and choice kinds scarce ; early top
$8.85; bulk $7.408.40; she stock, bulls
and stockers generally steady; veal calves
strong, packers taking the bulk of light
and medium weight kinds at $6.507.50;
few selected up to $9 to city butchers.
Hogs Receipts, IS, 000 head; fairly ac
tive, mostly steady to 30c lower than yes
terday's average; big packers holding back;
top, $10.60; bulk desirable 200 to 280
pound averages, $10.2510.50; pigs slow,
strong weights steady, others weak; pack
ing sows slow to weak.
Sheep Receipts, 6000 head; nearly half
packers direct; fat lambs selling steady ta
25c lower; wooled Iambs mostly around
$15.25 ; top shorn lambs, $13.50 to ship
pers; others largely $13'tt' 13.25; few head
wooled ewes early big 25c lower at $9.50.
Kansas City Livestock Market.
KANSAS OITY, Mo., April 14. (United
States Bureau of Markets.) Cattle Re
ceipts, 550 head ; hardly enough of any
kind to test demand; light beef steers,
$S.15 ; cows. $4.50 5.50 ; common to good
vealers, $57.50.
Hogs Receipts, 2500 head; opened
around 10c lower; closed 20c to 25c lower;
shippers not buying; early top $10.25; late
180-pound hogs, $10.05; bulk $9.7530.20;
stock pia active and steady; bulk desira
ble. $9.9010.25.
Sheep Receipts, 500 head; killing classes
slow; about steady; shorn lambs, $12; fat
90-pound lambs for shearing, $14.
Omaha Livestock Market.
OMAHA. Neb.. April 14. (United States
Bureau of Markets.) Hogs --Receipts, 6000
head steady to 10c higher; strong weight
butchers up most; bulk 180 to 210-pound
butchers, $10.10 10.20; top, $10.20; bulk
215 to 325-pound butchers, , $1010.15;
packing grades, $99.75.
Cat tie Receipts, 1200 head; beef steers
steady to 35c higher ; veal calves steady
to 75c lower; other classes mostly steady.
Sheep Receipts, 3000 head; lambs weak;
best wooled lambs, $14.80; bulk clipped
Iambs $12.4O12.60; sheep and feeders
steady; shearing Jambs, $1414.50.
Seattle Livestock Market.
SEATTLE, Wash.. April 34. Cattle and
hogs steady; no receipts, no price change.
TAX SHORTAGE FEARED
CUSTOMS INCOME OVERESTI
MATED, THINKS CHINA.
Beiief Expressed That Maritime
Duties Increase Will Be Far
Short ot Intended Amount.
PEKIN, April 14. (Special.) Fears
that the maritime duties increase approved
by the Washington conference will fail
far short of the amount estimated there
are expressed here by those in close touch
with the customs administration. In
Washington it was eatfoiated that from
TOOK UP GOLF.
ELiE
To
"BUYiv&
I Voo-
f 'NO j
i rve hd i
T
f
si V.
$15,000,000 (silver) to $20,000,000 (silver)
additional income would accrue to the
Chinese government, but indications are
the sum realized will be nearer $5,000,000
(silver), thus not affording sufficient se
curity for all the obligations the Pekin
government proposes to assume with the
customs increase as security.
The discrepancy between the Washing
ton and Pekin estimates lies partly in the
fact that the commission that revised the
tariff in 1918 put the tax on a number
of articles up to an effective 5 per cent,
which means are fewer articles now to be
revalued. The falling off in the salt
revenue in the last two years may also
have its effect on the disposition of the
customs increase by the government, since
the proposed $96,000,000 (stiver) refunding
loan is to be secured on the salt sur
plus, but underwritten with the customs
increase. A failure in the salt revenue
would necessitate the appropriation of
funds from the customs increase for this
purpose.
Dr. C, C. Wang, recently" appointed as
sociate director of the Chinese Eastern
railway, has gone to Harbin, having been
empowered by the Pekin government to
begin, in co-operation with the Russian
officials, necessary reforms in the man
agement of the railway, in accordance
with the decisions of the Washington con
ference. Xr. Wang, who has been in
railroad work for 15 years, is considered
one of China's ablest engineers.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits.
Etc., at Bay City.
SAN FRANCISCO. April 14. State di-
vision of markets.) Poultry Broilers, 82
48c: vountr roosters. 2542c; old, laUMc
hens, 2135c; ducks, 26c; Uv turkeys, 32
35c; dressed. 30r44c.
Fruit Apples, 8-A and 4-tier, It Off
360: orancres. $5.2o7.25; lemons, 4
5.75; grapefruit, $3.50 4.50; strawberries,
rrntP. S3 2 S. 60.
Vegetables! Artichokes, large crate, $9
12; asparagus, lb., iuKc; Deans, id.,
2535c; carrots, sack, $11.50; celery
crate, $24.0O; cucumbers, doz., $23; let
tuce, crate, 7oc$a.Ta; musnrooms, id
25c$l; olives, lb., 810c; peas. lb.. 10
nntatoes. SI. 9002. 75: rhubarb, lb.. 3 &
5c; hubbard squash, -lb.. 68c; sprouts, lb
12-3 14c; spinach, lb.. 2 4c; turnips, sacu,
$1.251.50.
Business News Notes.
(Copyright. 1922, by Public Ledger Com
pany.)
PHILADELPHIA, April 14. (Special.)
Trunks and leather traveling bags are
seasonally quiet, retailers report. Com
mercial travelers buy few in the spring
and demand from summer vacationists is
not expected to begin before May 15
Prices have declined about 10 per cent
since January 1. The usual number of
oocketbooks is being sold. Overnight tit
ted bags are dull. Flat-bottomed vanity
handbags are an Innovation this year.
Optical goods at wholesale are dull. The
recent popularity of xylonite and shea nm
spectacles is waning, being displaced part
ly by oxfords. Demand for yellow gold is
reviving. Retail opticians say wnite goia
also will be popular. Octagonal lenses are
an innovation this year. Spectacles are
selling better than glasses and sales of
lorgnettes have been mo numerous as to
surprise some distributors.
Importation of fresh fruits and vege
tables from Chile and Argentina, an in
novation this year, has passed the experi
mental state, dealers say. Arrivals last
week consisted of 7100 crates of black
grapes, 1901 crates of peaches, ISO crates
of grapes "suitable for squeezing," 46 boxes
of Dears and 1500 packages of onions.
Shipment of this produce from Chile has
been encouraged by the government of
that country to relieve national dependence
on the nitrate Industry.
Plate-glass jobbers report business as
satisfactory. Prices have become firmer.
With the building Increase in immediate
view bringing many inquiries and the
possibility of a high tariff, the outlook is
encouraging, they say. Intimations were
made that a possible increase in prices
would, be made In view of the - proposed
tariff. While glass has been reduced in
cost since last year, it is still above pre
war figures, it Is said.
Knitted underwear wholesalers report
a satisfactory volume of business. Spring
lines are unusually active. Retailers are
buying moderately but steadily and this
movement is expected to continue. A good
response followed showing of fall lines and
an active movement in these is expected
right after Easter. According to Inquiries,
there will be an especially good demand for
real wool underwear, especially In men's
union suits. In women's lines the old
staples are giving way to silk-stripe union
suits. In women's lines the old staples are
giving way to silk-stripe lightweights.
Branded nainsook is selling well.
Sweaters, especially hirh-class goods,
give promise of considerable activity. Road
men showing goods for fall delivery have
met with fine response. Points on the
seashore are buying heavily. An encourag
ing feature Is that orders call for earlier
delivery than have been requested for the
last two years.
Sugar receipts in Philadelphia for the
week ended April 7 were less than one
half the amount for the week previous. For
consumption 60,805 bags came in, and for
warehouseing 30.000 bags- Withdrawals
amounted to 60,000 bags. Flour and grain
movements for the week follow: Re
ceipts: Flour 54.050 barrels, wheat 444.743
bushels, corn 769,127 bushels, oats 118.215
bushels, rye 4269 bushels. Export: wheat
183.134 bushels, corn 639,571 bushels, rye
20,000 bushels.
Redmond Potatoes Are Bought.
REDMOND, Or. April 14. (Special.)
Carl WodeckU potato buyer of The
Dalles, has been in Redmond the past
week buying- potatoes. His shipments
from this point have been about five
carloads a day for which he paid an
average of $1.50 a 100 pounds.
Phone your want ads to The Ore
gonian. Main 7070, Automatic 660-95.
OH Yoo
' At?c .SO i
CGULDW'T R-5.Sl.3T i
7Hts.se
How ccoi-D You Be
Foo - I 'frA. lYtiJG
FIVE AivJD t "PLAY
A. BETTER SA(vAe
im-mvj You!
UflERS DO. Yoot
3GT That
iTO-FF ?
( Thoughtful
1
2
i
LUMBER SALES BETTER
PRODUCTION FOU WEEK EX
CEEDED BY GOOD MAKGIX.
Weekly Report or West Coast Asso
ciation Shows 78,518,483
Feet Manufactured.
Sales of lumber by firms affiliated
in the West Coast Lumbermen's asso
ciation exceeded production by a good
margin during the week ending: April
8, according to the meekly report of
the association. The report shows
that the mills manufactured T8, 518. 433
feet of lumber, sold 87,728,487 feet and
shipped 72,123,394 feet.
Production for mills reporting was
6 per cent below normal. New bus
iness for the week was 12 per cent
above production. Shipments were
17 per cent below new business.
Thirty-nine per cent of all new
business taken during the week was
for future water delivery. (Thls
amounted to 34,208,487 feet, of which
20,969,108 feet will move coastwise
or intercoastal; and 13,239.379 feet
will move export. New business for
delivery by rail amounted to 1784
cars.
Thirty per cent of th week's lum
ber shipments moved by water. This
amounted to 22,033.394 feet, of which
domestic clearances accounted for
14,836,812 feet, and over-seas clear
ances, 7.196,582 feet. Rail ship
ments amounted to 1703 cars.
Unfilled domestic cargo orders total
85,171,977 feet, and unfilled export
orders 72,044,297 feet. Unfilled rail
trade orders total 5795 cars.
The 14 weeks" production of 1922
was 1,079,785,267 feet; new business,
1,016.361.278 feet, and shipments, 996,
267,950 feet.
COLD IS ORCHARD BOON
Iate Spring Is Lessening Banger
From Delayed Frosts.
MEDFORD, Or., April 14. (Spe
cial.) The backward spring season Is
proving a boon to the fruit crops of
the valley, especially the pear crop,
by holding the blossoming period
back and thus lessening the danger
of future frost damage. The rainy
weather is not relished generally,
however, by the orchardists and
farmers, as It is delaying spraying
and other orchard work as wci; as
plowing and seeding. The ramfa..'
has been heavy all this week.
The almond and apricot trees are
in full bloom and the peach trees are
just coming out. The pear buds are
hanging fire.
$25,000 SAVIMG PROPOSED
Cottage Grove Farmers Prepare for
Attack on Squirrels.
COTTAGE GROVE, Or., April 14.
(Siunial 1 A savins: of Ji5,00O is
estimated through the intended kill
ing of 25,000 squirrels, for which 500
pounds of poison have been sent to
farmers in the vicinity of Cottage
iirnve. It is estimated that each
squirrel destroys grain worth 1 in a
season and that a teaspoonrui oi me
poison will kill several rodents. The
cost of the poison is small, compared
with the possible saving.
it fa a-rnantp.d that several hundred
more pounds will be distributed at an
early date.
40,000 Acres to Be Reclaimed.
HERMISTON, Or., April 14. (Spe
cial.) Word from Washington that
funds were available for purchasing
the reservoir site for the McKay proj
ect was received here with great ap
preciation. The construction of this
reservoir dam will mean the recla
mation nf 40.000 acres adjoining the
Umatilla project on the south and
west, a territory consisting oi
lent land with fine drainage. The
.,a!m manager, with headquarters
at Hermiston, has been Instructed by
the department to proceed witn the
purchase of the site, and notification
has come that the work of construc
tion would proceed as soon as oinei
funds are available. The building of
sion will mean the complete
development of the west extension of
the present projecL
Sewer System to Be Extended.
DiT'xn-vT c-TAV Or. Anrll 14. (Spe
cial.) Pendleton city council last
night decided to plan for extensive
. n.n..i in ths rltv sewer sys
tem of the north side, an a group of
property owners or mat euiiuu v
h,fnr. it and Dromised largi
development of the property and thi
building of half a dozen residences i
..t.nHinna were made by th
D " - -
city. A feature of the session was the
i tain war-time ordinances.
The first was passed in March, 1918,
j- .. j ,-t rn. ih, r.fruiaLion ox iuv
aiiu. v ' " -. - -1 -
distribution of books, pictures an
HtftraturA generally and provided for
a hoard -of censorship. The second
prohibited able-bodied men from re
maining idle from useful employment
for the period of the war.
Land Report Is to Be Made.
BEND, Or., April 14. (Special.)
i. arsariIh.1 in the contem
plated development of the north canal
i,i noirriKincr 20.000 acres, a re
port to the department of the interior
on. the character of the lands and. the
advisability of granting the use of the
Crane pnairie storage reservoir site
will be filed before May 1 by George
E. Archbold, Inspector for the general
land, office at Washington, D. C
Archbold arrived in Bend today and
immediately etartedi obtaining data.
Ho was the a.uthor of a voluminous
report issued in 1916 regarding the
same lands and also a supplemental
report in. 1919.
Broccoli Canning Successful.
ROSEBURG, Or., April" 14. (Spe
cial.) Tests mado by the Roiwburg
cannery have, resulted in a satisfac
tory method' of canning broccoli, said
Manager Frank Norton, and in future
small heads which cannot be classed
as extra fancy shipments to eastern
markets may be canned and placed
on the market. At present there is
no demand for the small and poorly
shaped beads of broccoli and the
growers find: them a complete loss.
By canning, however, they can be
placed on the market in a very pleas
ing form.
Poundage Tax to Be Discussed.
ASTORIA, Or., April 14. (Special.)
A conference of the directors of the
Columbia River Fishermens league,
representatives of the packers, the
members of the state fish commission
and Carl D. Shoemaker, master fish
warden, will be held at the chamber
of commerce rooms here April 29 to
discuss, matters in connection with
the poundage tax and sealion bounty
where collected from the fishermen.
The object of the conference Is to de
termine the best ways to expend the
money in order to accomplish the
greatest amount of good.
Redmond Plans Sidewalks.
REDMOND, Or., April 14. (Special.)
A survey was begun this week for
approximately five miles of cement
sidewalks ordered constructed this
spring by the city council under the
supervision of Edward E. Bently, en
gineer. The letting of a large con
tract is expected to afford a consid
erable saving. The advertising for
bids is to be ordered shortly.
RATE CUT PLEA GRANTED
brain Freight Reduction Allowed
In Washington.
OIWMPIA. Wash., April 14 (.--e-cial.)
Permission to reduce rati on
grain from points eatft of and inclu
sive of Taunton, Adams county, to
points on the ltainl.r national park
branch from Berkeley to Morton, in
clusive, was granted to the 'hlca',
Milwaukee & St. Paul railway by tlia
department of public works today, ef
fective a8 soon as the tariff can be
published, which will be in about five
days.
Rates which ran from 24 to 2
cents a bushel on wheat are rilur&4
to a basis of 23 Vj cent, from poiat
west of Taunton to Katon.
Coarse grain raw-n are to be 10 per
cent lower than wheat. The effort of
the reduction Is to permit application
of the through rate to grains milled
in transit at Tacoma.
JAPANESE N0T WANTED
Lane Pout Protests Fniploj mcnt OP
Holding of Land. .
EU,GENK, Or., April 14. (Special.)
Lane County post No. 3 of the
American Legion at Its regular meet
ing last night adopted resolutions
urging the passage of a law forbid
ding in the most drastic manner ths
holdlns: or leasing of n icricultural
lands by Japanese Ineligible to citi
zenship and that employers of Oregon
refrain from hiring Japanese labor.
The resolution, copies of which will
be sent to fraternal organizations,
civic clubs, employers of Japanese
labor and all concerned, state s "be
lief fn a white Oregon for white peo
ple whose standards of living sre
approximately equal and whoie In
terests are identical." andi asert that
Oregon has become a mecoa for evict
ed Japanese from other states.
DAILY METEOROIXMUCAL UEPORT.
PORTLANP, April 14 Manlmum tem
perature, 4S deirftjs: minimum, 87 deirra.
Kiver readlnK. A. M.. H.O ivrl; rhana In
last 24 hourn, 0.1 foot fall. Total rainfall
(5 P. M. to & P. M ). Olio Inch: total rain
fall since September 1. IfCI. 34 iS Inrhea:
normal rainfall alnea September 1. 8 -4
lr.chea: deflHeney of rainfall alnee t-p-tember
1. 11121. 3 f9 Inches, Bunrlae. 8 1'1
A. M : aunael, 8 :.'.'! P. M. Total urihln
April II. 'J h.iura A5 mlnutea: pnlt,le -un-
..lie. 13 hour 30 mlnutea Moonrie. 10 .IS
1". il. ; moonaet, 7:33 A. M. Itaromet-r (r
dueed to aea level) at .1 I. M.. 2! IIS inrhea,
Relative humt'tily at G A. M.. fc3 per crui :
at noon, 90 per cent; at 6 1. M.. H4 per
cent-
THf WTKATItRR
b K " I Wind
5 I' X D
4 ? J '-i 1 -T
8TATIONS. ;; 1 ? vVathr.
,. ? 1 : I :
Haker
4 -J II.
4-1 0
(11 (I
.".4 II
4-' O
54 0
G'j n
Ml 0.
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4.' 11.
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L.NI SV
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4;
44'
80'
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1-' NV
1J NW
. . VK
. . N W
III NH'
..SB
. . SIV
CfclKary ....
ChietiffO . . . .
Denver
Pfs Molnea..
Eureka
UHlvAHton .
Helena
Juneaut
Kansas City.
Los An(ri.
Mamhfleld .
Med ford ...
Minneapolis
I'liiudy
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llear
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f . . :nw
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flear
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3.7
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New Orleans
74
44
I...I8W
New York..
North Head.
Phoenix ....
Pocatello . ..
Portland ...
Roseburjr
Sacramento .
St Louis....
Salt Lake...
Pan nieg-o...
H. Francisco.
Seattle
Sitkat
Spokane . . k .
. . iSK
30 vw
. ..w
. .tsw
1.1 5W
. . !hw
IS sw
Cloud!-
I 'l"Udf
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vi.iudjr
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341
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34 W
42 0.
4 'I 0.
411 O.
44 O.
4 O.
O.
4 J O.
54 n
..INW.Snow
,'NB CloudT
10'SWil't. cloudy
Tacoma
Tat nosh
Isd
88
r.x
3J
VaUiezt . . -Walla
Wall
Wajthlnsrton
Winnipeg
Yakima . . .
12 M
Cloudy
cloudy
Italn
(cloudy
tA. M. today,
day.
1. M. report of preceding
KOnKCA8TS.
Portland snit vicinity Clearing; north
westerly wind...
Orefton and Waahlnuton Clearing; mod
erate northweat wind..
WANTED
Party to help finance es
tablished and profitable busi
ness ; best location in city.
P. 0. Box 818
Portland, Or.
Safety First
If you have bonds to sell,
and they ar; good bonds,
we will offer you a good
price for them. Call or
phone.
Freeman. Smith
& Camp Co.
LuaiiitaiNi Bloo- Pomtlamd
Municipal Bonds
Yielding 5 to T;'0
Send for circulars.
Atkinson-Zilka & Co.
Bonds
N. W. Bank Bldg. Main 700
HERRIN & RHODES, Inc.
Eatablllhed 18U6.
STOCKS, BONDS,
COTTON, GRAIN
Correapondents R. T. KCTTOy A CO., J. T.
Mfmhara all Irlln aarransea
li.lunn'a 4rvlra an Klla.
Bdwy. 4723. liOl Itallwar Ka.liansa llldl.
Phone Your Want Ads to
THE 0REG0NIAN
Main 7070 Automatic 560-95