The Sunday Oregonian. (Portland, Ore.) 1881-current, January 13, 1918, SECTION THREE, Image 46

The Sunday Oregonian., January 13, 1918, SECTION THREE, Page 10, Image 46

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Newspaper Page TextTIIE SUNDAY OREGOXIAN. PORTLAND, JANUARY 13, 1918. BIG BUSINESS HIT WOMAN AND HER INTUITION FEARED BY INSURANCE' MEN New York Actuary, Discussing Subject, Declares That Women Seem to Have Uncanny Knowledge of Their Chances of Longevity. - 10 VIEW OF BEAUTIFUL HOME OF OLIVER K. JEFFERY, WHICH WAS SOLD LAST WEEK. BY INCREASED COS Majority of Great Industries Have Suffered as Result of World Conflict. GAINS PREDICTED IN 1918 fort land Banker Are Starting New Year With World of Confidence and Optimum In What Future Mar Hold. Ptjblte utllitlea f the. country havo Mnt!:d a hard year. JToperties hav uffered a-ratlr advanced costs in direvtloiMi and they ir a class of activ it that are essentially to the peace r . . and hill Dul to Cain by tbe Although thc have proved their worth a adjuncts of war. utliitu bar not benefited bjr lb mmr un In a few Instance Ber ik. serve Urra industrial district. The view la supported generally tkrourhoul the country tbat tbe It r eat ei i. Ideally encountered, tbat of ab normal coits of operation In the face of no advance In the prtce rharce-1 for the service or commodity, baa reached its B.k and been surmounted. L'lilitie. fDiralljr speakm. will not be subject to tbe heavy hand of tbe Government tarn fatherer on excess profits. la the year 11. US public utility corporation reported gross op erating earnings of I l.IJJ.OOe.vOO round figure. It Is believed these same corporation wilt show average jrrosa gain of 1 per rent for 1JIT. and a new high record. But the net will bow a faille; off of from to IS per cent, but Id few Individual case ha there been such a drop In net a to endanger dividends. Less than a score jf dividends of companies of goodly :i have been disturbed, and the really large companies that bay had to cut dividend temporarily can counted on the finger of the band. It la said. It is thl fact that baa convinced pub lic utility corporation tbat a better period 1 at band. see TortUcd bank are starting the new y.ar ;;ti a world of confidence and optimism In what the future may bold. it-ourees axe ample to meet all re quirements. Elections held the past week by both National and state banks made but tew chance In the official starts of the different Institution, and reports made to stockholder were emi nently satisfactory. That the v x lesion of thrift are atnkin; In seems to be evident from a tudy of the statUtlc compiled by 'ort:and bank at the end of the old yr. Deposits have crown over the same period of last year, centrally seakinc. by 5 per cent. Loan and s:icunli are f per cent greater. Local banks, however, showed loan and discounts reduced by 9 per cent December II. as against the figure of November 10. last, the nearest former reporting date, and cash and exchange was considerably less. I'ayment on account of 112.41:. tOO of the second liberty loan bond during the Inter vemn period account for thl decrease. Kesource of all Portland bank, it In number, on December 11. 1SI. were set forth a having been S112,:40.:. about ft.304.009 lesa than tbe figures tor November I, last. However. In comparison with resource listed on December IT. tl. the latest total la almost JT.O'IO.OO") greater. Loans and discounts for the three periods compare as follows: December il. 117. ii..s.:iS: November 3. 1917. Jo 5-7.. IT; December 27, 11. 154. 17J.S17. Cash on hand, exchange and due from banks makea the following compara tive showing: December II. 191?. 1SS. M.2l: November 20. 1917. O.S17.17: December 27. lilt. li4.77s.M7. Now tbat tbe Government baa taken over the railroads and bas assumed control of food and other things, there Is one further step that I being urged In some quarter and that la to safe guard values of securities. It la de clared capital la due for protection, since the arm of the Government Is thrown about so many other essentials. Capital, too. I a necessity of war. It la stated, and II I pointed out that by allowing stock and bond to depre ciate and treating them with manifest hosilllty. the Government I only Indi rectly adding to Its own Interest rate and Is putting billion of money on It own bill, Some ort of encouragement from Washington Is declared essential tnt will sustain securities, largely In the interest of the Nation, which now, and for some time to come, is to be tbe chief borrower. Securities of the country are stand Injr today at almost the lowest point Jet reached after the most protracted decline of values known In a genera tion. In bringing about thl condition. It is declared, the Government ha bad plenty to do throu :h tax measures, that are declared to be confiscatory. Gov ernment financing- and prlce-f Ixlng. The time la believed by some to be ripe for the Government to come to tbe rescue and throw out a life preserver to the sinking securities. Rumors of tbe possible repudiation of Great Itrltain'a debts are roundly denounced by A- tionur Law, Chancellor of the Exchequer. He said: ! should like to say. and as strongty as I ran. that In my opinion no British government, present and future, will seek to break faith with those wbo have placed their financial resource at the disposal of tba state In thl crisis of Its history. Such a policy would not only mean that the govern ment of the I'nlted .kingdom was In the hand of men who were blind to all considerations of national honor, but would, to my mind. Involve the overthrow of any government that adopted It. "The repudiation of state liabilities would In my Judgment be a disastrous a It would be dishonorable. Nothing after the war will be more Important than to preserve and buttress the fab ric of the national credit, and nothing would so easily undermine It as the refuval of the government to honor Its debt. Il would. Indeed, be Impossible for a government which ha destroyed Its credit by repudiating Its liabilities 'ever to borrow again, should circum stances arise In which It waa neces sary to do so. In short, repudiation spells national dishonor and national disaster." It la possible that the great war may be determined by the weight of the Kavtng of humble Americans. In other words, by the returns from war sav ings stamps and certificates. They arc really war bonds, for. when bought to the amount of $.13. they mean that the owner has a Government bond, drawing 4 per cent Interest, salable for rash at the face value and redeemable by the Government for f 5 In five year' time. Tbe Investment I an (deal one for the small saving of children, working people In receipt of moderate wage, salaried person of moderate means, who constitute the great unnumbered million of the people of America and wbuae combined mite are truly mighty. , h i---vA'" ------ - - - , ? , X,,, 1 , - f .. "n -.-, i . -3 r-sA -j.tf fa, h - -ull- ' n Til IV- 1 f V4 ITS"- mm t ' 1 '' 1IBW 111 'I I. - .1 Frank Vanderllp ha advised people to cut out all aorta of luxuries, be wise and Invest savings In these little war savings bonds while they are cheap and thu be able to buy double or treble amount of luxuries when luxurlea be come cheap agrln. RKALTOK COMM ITTKKS NAMED President 1'aal C. Murpliy lakes Appointments for Yrar. Paul C. Murphy, new president of the Portland Healty Board, named the members of the executive and enter tainment committee of the board for the coming year at the luncheon meet Ing of the board held Friday at the Benson Hotel. Un the executive committee Mr. Mur phy placed the following members: F. K. Taylor. Frank L. McGulre. Dean Vin cent. Frederick II. Strong. J. O. KIrod and George D. Fchalk. On the entertainment committee, the following members were appointed: George I. Henry. L . Cronan. Herman von ItorsteJ, Robert Strong and Charles F. Berg. New Srliool Hulldlnr, Itt-gnn. CENTRALIA. Jan. 10. The contract ors have atarted laying brick on Cen- tralla's new 145.000 school building. Teaterday a box vu placed In one of the corners by George Barner. clerk of the school board, containing the names of the school directors, superintendent of schools and the architects. The pour Ing of concrete Is nearly done In the foundation of the nevf annex to the Hotel Wilson. The contract for the sturcture calls for completion within three months. REALTORS TO GATHER CHIEF REALTY MEX OK NORTH WEST MEET .HERE FRIDAY. Portland Realty Beard Give Big Dlaaer and special "Arabian Kalghta Entertainment." More than ZO member of the execu tive committee of the Interstste Realty Association have already signified their Intention of attending the biennial ses sion of the committee, to be held In Portland next Friday and Saturday. January IS and 19. As they are all men of standing and Influence In real estate circle, this meeting will be one of the most Important the association has ever held. Arrangements for an elaborate din ner and "Arabian Knlghta Entertain ment." to take place Friday night In the quarters of the Chamber of Com merce in the Oregon building, are now being made by the Portland Realty Board. Fred E. Tyler, ex-president of the Board, la In charge of the arrange ment. Several sub-committee are at work, and the Board will make the occasion It Important meeting of the year. The entertainment 1 to be a "hum dinger." ISO tlcketa having already been sold, and It la expected that at least Jiu member of the Realty Board will attend. The dinner will be held at (.10 Friday night. The regular meeting of the Board for next Friday has been adjourned to that time. Among those from outside of Port land whose acceptances have already been received are Fred K. Jones, presi dent of the Interstate Association, o. Spokane; F. W. Fltse, vice-president, of Coeur d'Alene: E. 8. Goodwin, vice president, of Seattle, and the following directors: IC L. Manning". Tacoma; Tatey Clark. Rltivllle; W. E. Pierce. Boise; John E. Nlckerson, Lewlston; E. T. Wade. Pendleton; O. IL Skothelm, Eugene. Also the following president of local realty boards: B. L. Lambuth, Seattle: H. C Boyle, Tacoma: I. G. Mc cormick. Spokane; J. H. Batchelder, Hood River; C E. Sellon. Eugene: W. O. Messersmlth. Boise, and . K. Wel sel. Kennewlck. It Is expected that the president of all the board In the asso ciation will te:.d. NEW ASTORIA - grr-i f-V7t.'F TSi i Fw wm p-jv i I II" 11 I SJ J .J Ww aaW M MMaflllM 1 lia I I I Irrtr--! t il ErL r AMIIO ABLE ALAMEDA PARK RESIDENCE BOUGHT BY LIS New Astoria Buidling One of Best in State. EQUIPMENT IS OF THE BEST Structure Just Completed at Cost of About 990,000 Declared to 1 5c Equal of Any Primary School Building in , tlie State. ASTORIA. Or., Jan. 12. (Special.) Astoria has Just completed and occu pied one of tne finest and most mod- ernly equipped elementary school build ings to be found in Oreiron. It is known as the Central School, occupies the entire block bounded by Ninth and Tenth streets and by Irving and Je rome avenues, and cost in the neigh borhood of 190.000. ' Tbe structure contain 20 classroom. I presided over by Profesnor J. W. Branstrator and a corps of 20 teachers and accommodates more than 700 pu pils, mho were transferred from the Shively and McClure schools. The building Is 174 by 106 feet and two storir) high with the ground floor above the street level on Irving avenue. This ground floor contain the audi torium, so arranged that It can be used for meetings or entertainments, leav ing the remainder of the building closed. The auditorium has a seating capacity of S00. It la equipped with opera chairs, a small stage, stereoptl con and moving-picture booth. In ad dition, this ground floor contains the ewlng, domestic science, manual train ing and boys' and girls' lunch rooms. as well as storage, fuel, boiler and fan rooms. The first floor contains nine class rooms, the principal's office and li brary. It open directly onto the play ground, a portion of which is covered nd paved. The econd floor contain 11 class rooms, a teachers' restroom and a small kitchen for heating lunches. Emer gency room are provided on eacn iioor in order to care for lck pupils. Each classroom ha a seating ca pacity of 42 with blackboard on three idea. The wardrobes are on one side of the room and can be reached by lifting sliding doors. They are so ar ranged that all the exhaust air of ven tilation passe through them, assuring the drying of she clothing and pre venting the odor therefrom from com ing Into the classrooms. Included in the equipment are a com plete system of telephones, connecting each classroom with the principal's of fice, and special electric gongs by whlch every occupant of the building n be warned Instanly In case 01 a fire. The outside walls or the structure re of concrete and tile with a coating of cement tucco. The design of the building both on the Inside and out- Id. is in simple lines. maKlng possi ble a complete and modern building at x small unit coet per cubic foot and per classroom. RESIDENCE PROPERTY MOVES Frank L. McGulre Makes Many Sales Since First of Year. Frank L. McGulre reports many re cent sales of medium-priced properties. The following sales were made since the new : ear opened: S. M. Hutchinson to G. E. Spoelstra. five-room cottage at 85 Church street, for 11275, purchased for a home: George T. Moore to I. Wilcox, five-room bun galow at Eighty-ninth street and Forty ninth avenue, consideration $690, bought SGHOO MODERN SCHOOL BUILDING IS THOROUGHLY MODERN. r i ii i i ii I m nmw mmm mmm mm m m$ m DRAWING OF CENTRAL SCHOOL, JCST COMPLETED AT J. A. BYERXY OR 930,000 THROUGH for a home: H. T. Gel! to Leonard Had ley, modern bungalow at 329 Flrty fourth street, consideration $2750; E. M. Dorney passed title to a five-room cottage at 832 East Fourteenth street for 7u0 to I'. A. Capparell: Miss I. Smith transferred her holdings at 202 Jefferson street to Mrs. Dora Hoyt for J175; T. B. Winship sold to I. Laman a modern bungalow at 494 East Fifty second street North for $3300, pur chased for a home: W. W. Graves sold to E. D. Tuke 150x100 at 745 Lexington avenue, consideration $1000, purchased for Investment; Winifred Tegan passed title to John Ferguson bungalow at 330 East Twenty-ninth street North, consideration $175: George Bonn deed ed to Madge Hill five-room cottage at Eighteenth and Holman, consideration $12t0, bought for investment; Leonard Hadley sold to H. T. Geil house at 851 East Twenty-ninth street South, pur chased for speculation,, consideration $7u0: Blanche Williams transferred to IL Doney a lot In Laurelhurst for in vestment. These sales were made by Q. C. Goldenberg, manager of the house sales department, who reports great activity in moderate-priced dwellings. PEAR BLIGHT IN BALANCE Superintendent of Experiment Sta tion Gathers Seeds In Orient. OREGON AGRICULTURAL COLLEGE. Corvallis, Jan. - 12. (Special.) Word has been received from F. C. Rcimer, from Hankow. China, that he is sailing for San Francisco with a valuable col lection of pear seeds, collected from many parts of Western China, and be lieved to be blight resistant. Mr. Rei mer has spent many months searching for the vigorous varieties of Dear. which, it is hoped, may be combined with the present commercial varieties of pears in the Willamette Valley to make a blight resistant product. With he exception of blight danger, Oregon pear growers have every advantage and may put a first-class pear on the market. Mr. Reimer is superintendent of the Southern Oregon experiment station. STRONG EVIDENCE FROM STRONG MEN Jay Gould said: "One hundred dollars invested at the right time, in the right place, will earn as much as one man steadily employed." Andrew Carnegie said: "Few large fortunes can now be made in any part of the world except from one cause the rise in the value of it..1 estate." v Grover Cleveland said: "Your opportunity lies in purchasing land that will increase in value. No investment on earth is so safe, so sure, so certain to enrich its owner as undeveloped real estate." Russell Sage advised as follows: "When you see an opportunity to invest, do it quickly. The fellow who waits either loses the chance altogether or pays a premium to the one who thinks and then acts on his own judgment." PORTLAND REALTY BOARD. at Talent. He will be at the college within a few weeks to give a complete report of his research work in the Orient. New Camp to Open in Cowlitx. KELSO. 'Wash.. Jan. 12. (Special.) J. L. Sparling and Sheriff Studebaker have purchased a small tract of timber on Coal creek near the Inman-Poulsen logging railway and will use their don key and that of CarL Hayes, of this place, in getting out the timber. Mr. Hayes will be in charge of logging. The donkey engines will be moved in this week. Timber will be brought out over the Inman-Poulsen railway. The Modrow camp above Castle Hock resumed operations this week after shut-down during the freshet. Their second donkey engine is at work, and they are putting about 100.000 feet of logs into the river daily. The logs are being held in round booms until the boom here la rebuilt. An Englishman has invented a proc ess for coloring wool khaki and orange shade with dilute nitric acid. COST OF 990,000. FRED A. JACOBS COMPANY. FINE HOME IS SOLO Oliver K. Jeffery Residence Brings $30,000. J. A. BYERLY PURCHASER Deal for Alameda Park Property Is Handled Through Fred A. Jacobs Company, Which Sells' Several Other Homes During Week. One of the most important residence sales made recently in Portland was closed on Thursday of last week, when J. A. Byerly, well-known lumberman bought the beautiful home in Alameda Park of Oliver K. Jeffery. The price paid by Mr. Byerly for the Jeffery home was about $30,000, of which part was in cash and part in trade. The property figuring in the trade was Mr. Byerly's modern 10-room residence on a 100 by 100-foot lot at East Sixteenth and Thompson streets. Mr. Jeffery will make this residence hi home. The Jeffery home in Alameda Park is one of the handsome residence proper ties of Portland. The house is situ ated at 909 Bryce street, near Alameda drive. It occupies the whole of an ir regular shaped block comprising about five lots. The house itself is built on the Dutch Colonial style. It contains 12 rooms, finished in light enamel and mahogany. Private Swimming Pool. The grounds are among the most beautifully kept in Portland. One of their features is a swimming pool in the yard under a pergola. The grounds are planted In trees, shrubs and lowers. In the rear of the house, and built in harmony with Its architecture, is a large garage, which contains living quarters for a chauffeur and his fam ily. This garage has a living-room, with fireplace, a dining-room and a bed room. The sale was made by the Fred A. Jacobs Company, the deal being han dled by S. S. Battin. . ' The sale of the Jeffery home was only one of several Important trans actions in residence property closed by this firm in the past week, which was the most active in this connection for several months. Cash Paid for Home. The other deals Included the follow ing: Sale of the home of T. Irvinir Potter. i " x-asi. i weniy-mira street North to Millard Owens, manager of the Dav. ton Moneywelght Scales Company, for eiu.ouv casn. inis residence is a three- story house on the Dutch Colonial style, occupying a 50 by lop-foot lot. Mr. Owens will take possession this month. aie or the home of Wilbur Hayden at 825 Thompson street, for lnnn cash to an out-of-town' purchaser whose name is Kept out of the transaction for tne present. This residence has 12 rooms and occupies a 100 by 100 plot. Sale of the home of H. C. Holmes, at 76J East Twenty-seventh street North to W. E. Scotten, of Kansas City, a newcomer to Portland. The price was $5000. The house is of eight rooms, on a 60 by 100 lot. All these sales were handled by S. S. Battin. SEVERAL- LOT SALES ARE MADE W. German Company Reports Number of Recent Deals. Among several recent sales made bv the Fred W. German Co. was that of a lot and 5-room bungalow at 6013 Whitman avenue in Firland to Mr. and Mrs. George W. Bender, who will put It in first-class condition. Another sale was that of a 5-room bungalow at 4319 Fifty-eighth avenue, in poor con dition, to T. C. McKay, who will im prove it. Other sales Included a lot and 3- room cottage in Avery Addition, sold ORTIMER H. REISS, of 16 Mont gomery street, Brooklyn, N. Y., was arrested a few days ago and landed in the Tombs Police Court as the result of a woman's intuition. Relss was charged with obtaining' $2875 un der false pretenses from Edward Gerstle, an insurance broker, of Englewood, N. J. According to Gerstle, Relss bor rowed the money from him ostensibly to buy options on bonds of various moving picture companies for William A. Brady. Shortly after that Reiss gave Gerstle a check on the Mutual Bank, drawn to the order of Relss and signed "William A. Brady." The check was for $4500 and was given only to secure the money Gerstle had lent him. The strange part of it all was that Gerstle knows Brady and never suspected the validity of tha check. That was when a woman's in tuition played its part, for Mrs. Gerstle had well defined suspicions. She went to the bank with the check and found that her husband had been swindled.- Of course, a woman's intuition has figured largely in all the affairs of this world since the days of Eve. While the sixth and subtle sense of Mrs. Gerstee did not fail her in this' case, the fact that her husband was an insurance broker was the occasion for some interesting comments by an actuary of one of the large life in surance companies. "This sixth sense of women," said for Agnes Beach to Mr. and Mrs. George C. Miller; a modern 5-room bungalow at 111 East Eighty-fifth street N.. to Mrs. Esther L. Smith; two lots in Berkeley and a 3-room cottage that had been vacant three years, to Irine Holthusen; property at 624 Dur ham avenue to James A. and Christina Davis; an improved 5-acre tract near Sewell Station, on the Oregon Elec tric, to J. Peevehouse for B. Kinser for $2500; a lot in Riverside, lot in Brock ton Addition, lot and six-room dwell ing in Kern Park; three lots and six room houee in Irvington Park, and a one-acre tract at Durham acres. Most of these sales were made to recent ar rivals, many of whom are engaged in the shipbuilding industry. BCJXDIXG PROJECT LAUNCHED Corporation Capitalized at $60,000 to Erect Homes at Marshfield. MARSHFIELD. Ore., Jan. 12 The in creased demand for homes, apparent in this city since last September, has been only 10 per cent supplied. In the emergency the Marshfield chamber of commerce stepped into the breach and organized a $60,000 corporation known as the Emergency Home Building com pany. The object of the campany is to con struct homes, to suit the requirements of those who desire to purchase on easy payment plans. It expects to be ready to start work within the next month and has arranged in many instances to protect the cost price of construc tion, thus making the homes available at reasonable prices, despite the ex treme high cost of material. The Emer gency company expects to construct at least 60-homes within a few months. STORAGE PLANT RUSHED 2000 MEX MAKING SPEED RECORD AT CHICAGO. Need of Government for Big Storage Quarter Met by Speeding Up by the Contractors. CHICAGO, Jan. 12. (Special.) The Government has broken ground for a mammoth storaKe plant here. Two thousand men are at work. They are after a record in quick construction on a cold weather job. In less than 48 hours one mile of railroad track had been laid into the plant, three steam shovels were breaking ground, and 12 carloads of material were waiting to be used. The 1ob is to be completed in 50 days This plant consists of three buildings one-story high, each over one-quarter of a mile in length and 96 leet wine, Dlaced side by side and separated by spaces for railroad tracks or driveways between each building, goatling plat forms 10 feet wide extend the entire length of both sides of each building to handle supplies from five lines of railroad track. The first unit. 132o feet in length and 96 feet wide. Is now ready lor occu pancy, only 30 days from starting of work. Each succeeding unit will be finished at 10-day Intervals, making a total of 50 days for the entire time of construction. Over 2.700,000 feet ot lumber are to be used In the framing. floors and roofs of these buildings. The plank floors aloiit require over 500 cars of cinders as a foundation. each car containing 55 cubic yards. Each of these units has hollow tile walls, heavy timber girders and posts and Joisted timber roof construction, with plank floors laid on cinder fill. The footings under the posts consist of a grillage of old railroad ties. i,ach unit is divided into sections by tile fire walls at 176-foot Intervals. The buildings are lighted by overhead sky lights, and are heated and sprinklered throughout. TIMBER HOLDINGS SOLD 40,000,000 FEET OF SPRUCE INCLUD ED I.V DEAL. Oregon Pacific Mill & Lnmber Company Take Over Property of Old Clatsop Mill Company Holdings of the Clatsop Mill Com pany, of Astoria, including a mill at Astoria. 100,000,000 feet of timber in Clatsop County, and other timber hold ings, have been bought by the Oregon Tacific Mill & Lumber Company, which was incorporated only recently. F. Dohrman is president of the Ore gon Pacific Mill & Lumber Company, and other officers are Charles W. Cor baley, manager; J. W. McDonald, sec retary, and Clem H. Rogers, treasurer, all of San Francisco. . The Clatsop Mill Company has been in business since 1880. The mill has been closed since a fire destroyed the sash and door factory and dryers, six months ago. Marshall Kinney, of As toria; A. Brix, of Portland; J. M. Hub bard and E. Chapman, of San Fran cisco, are among the prominent stock holders. Part of the property taken bver by the new corporation includes 40,000,000 fet of high-grade spruce. Five hun dred men are to be put to work imme diately at the plant in Astoria and in the camps, working on Government or ders for airplane, spruce. The present mill capacity of 125,000 feet a day is to be increased. M' he, "is a most mysterious thing. Fre quently we find that a woman makes a shrewder guess as to her chance of longevity than can be obtained from an entire staff of medical examiners. While it is' true that women as a class have a lower death rate than men, wo men have not generally been consid ered as desirable life insurance risks as men. The reason for this, is that woman's intuition seems to give her uncanny power to being able to deter mine with a surprising degree of accur acy her actual physical condition. Ex perience of companies has shown that women insurants show a higher mortal ity than men, while on the other hand women who have purchased annuities exhibit a better mortality experience than do men. "For a great number of years the in surance companies looked somewhat askance at female risks, but at the present time, and since women biv entered business life, the great majority of American life insurance companies Insure women upon the same terms as men. By eliminating self-selection in women insurants, and actively solicit ing the placing of policies with them, the companies have been able to reduce their mortality records to a degree practically normal. But at tne same time, a self-selected risk is probably one of the greatest existing examples of woman's intuition. On the average, and all things considered, she knows more about her chances of longevity than is revealed by any medical exam ination and test to which she can be subjected. LUMBER FALLS OFF Flood Conditions and Repairs Chiefly Responsible. TRADE REVIEW FOR WEEK Rail Shipments for 7-Day Period Only 984 Cars Compared to Nor mal Movement of 2000 Cars, Due to Railroad Tie-l'p. Flood conditions, holidays and an nual mill repairs reduced lumber pro duction to 46.33 per cent below nor mal, according to the weekly trade barometer of the West Coast Lumber men's Association. Notwithstanding these handicapping conditions, the mills succeeded in mak ing deliveries in excellent volume against Government orders for ship building material. The reports in the hands of the association indicate a slight decrease in the production of aircraft lumber a condition not like ly to prevail again unless severe weather trouble develops, owing to the efforts of Government, loggers and mills in stimulating the output of spruce logs. Aircraft production is now recognized to be a problem of logs and not milling. Production Slightly Less. ' The total production at association mills for the week under review was 49,067,570 feet as compared with 49, 449,807 feet for the corresponding week of the previous year, and 35,706, 835 feet for the preceding week. New business accepted totaled 58, 788,111 feet, of which 39,810,000 feet was for transcontinental and Pacific Northwest delivery by rail. This was approximately 500 carloads short of the corresponding week one year ago. All shipments for the week totaled 49,946,690 feet. Owing to flood condi tions which tied up the principal trans continental lines, rail shipments amounted to only 984 carloads, as com pared with a normal movement of up ward of 2000 carloads. Strictly local business amounted to 11,542,500 feet, principally shipbuilding requirements. Deliveries against these orders totaled 5,126,170 feet, which, of course, did not include deliveries against the contracts now held at West Coast mills for furnishing schedules and parts of schedules of Gulf Coast and Atlantic Coast wood ship construc tion. New Order Large. In coastwise cargo trade new orders totaled 3.766,234 feet, as against de liveries of 7,319,735 feet, reducing the balance of unshipped orders in the do mestic cargo trade to 80,050,133 feet. In the overseas trade new orders totaled 3,679,377 feet and shipments of 4,980,685 feet reduced the unshipped export trade balance to 52,809,397 fee.t. The unshipped balance in the hands of association mills for the week under review amounted to 514,249.530 feet as againtt 444,576,683 feet for the cor responding week one year ago. Read The Oregonlan classified ads. Directory of Prominent Life Insurance Agencies Members of Life Underwriter Association of Oregon Wm. Goldman, General Manager. NATIONAL, L.IFE OF VEliAluNT. Oregonlan Bids'. H G. Colton, Manager. MASSACHUSETTS MUTUAL, LIFBL Chamber of Commerce Bldg. Harmon & Cummings. General Agents. PE.VN MUTUAL. LIFE. Northwestern Bank Bldg. Horace Mecklem, Manager, NEW ENliLAND MUTUAL, LIFE. Northwestern Bank Bldg. Peltls-Grossniayer Co., General Agents, TKAVBLEKS INSURANCE COMfA.Ny, 3U3-310 Wllcor. Bldg. MORTGAGE LOANS Very flexible contract, iipm wowi.n i.ikK insiihavpr an V 02 Slevens Kl.1g. Albee & Amesbury. Uentral Agent. NOHIHWESTKKN MUTUAL, LIFE INS. CO. Northwestern mnit isiag. John Pauer, Superintendent, THE PKUDENT1AL, INSURANCE! CO. 001 Northwestern Bank Bldg. T. H. McAllis, State Mgr., UNION MUTUAL, LIFE INS. CO, Board of Trade Bldg. EdKar W. Smith, Manager. EQUITABLE LIFE ASSURANCE SOCIETY. duo utesuuiftu biui. ASSOCIATE MEMBERS Representative Realty Operators of the States of Oregon, Wanhingtos. Who Are Non-Kesuient Member of Portland Realty lioard These-' men can be depended upon to sell or exchange your property, or represent you In any way. OREGON. Astoria Astoria Harbor Imp. Co. Bend J. A. Bastes. Marshfield Title Guarantee Abstract Co. Stanfield James M. Kyle. WASHINGTON. Hoqtrism Grays Harbor Land Co. Kldgef ield II. B. AuperaoB. lacolt Lew F. Williams,