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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (June 21, 1914)
1 1 EUROPE mm mm of SHIPS ENGAGED FOR NEW CROP LOADING Notwithstanding the Belief That FVance Will Need Record Impor tation This Season's Trade Feels Quite Dumpy. r By Hvman II. Cohen. ' ! With more ship chartered to data i In the Pacific northwest for grain load ing for foreign porta, than for about ' 11 years, there la much leaa preaaure In the market for the coming wheat . crop than had been anticipated. While it la true that exporting in ' tereata are not at thla time keen to I take hold ef supplies because f thi rather alow foreign demand at the mo ment, the fact remain that Europe la vary likelr to call for record ahlp i menta from thla aection during 1914 . It and ahlppera have prepared for this. Outwardly the market beara every i evidence or extremely low prices for . the oomlng crop but that thia feeling la net shared entirely by the trade waa ' Indicated the oast week in the interior i by the purchase of club wheat there , on the basis of 80o a bushel, tidewater track. ' While theae purchaaea were i for early delivery and were of rather , email volume, atill the deala reflect . the changing aentiment in the trade alnce it became apparent that the world la not going to produce such i big crop of wheat as a year ago. Object to Bullish Report. Some of the buyers object to the re cent reports In these columns which told of a probable good demand from wheat abroad. They received the Im pression, they said, that the farmers were advised by the articles not to sell their wheat. This Is far from the fact. There Is no attempt by this da partment to tell producers whether to sell or hold. They are given the news of the markets uncolored and they are auowea to Dase tneir own juagmen from these facta. Every line of Infor mation that can be secured- In the world's trade that has the slightest bearing upon the price of wheat at Pa cific) northwest points is printed In theae columns. It Is the only Informa tion that the producer haa to Judge tho market and the newa is always given pirn ror wnat it is wortn, notmng more. Trance aa an Imrtartar. Important messages were .received during- the week from Prance tellina- of the expectations of the leaders of the , grain trade there that record importa tions or wheat will be necessary by France to fill the wants of its millers. The wheat market at leading world's primary centers has of late been held rather firm. Orowera wre far leaa keen to accept current values than for merly. The situation, in their opin ions, was Improving ao far as the price was concerned. That Pacific .northwest wheat ex portera in a more limited degree ehare their thoughts is indicated by the rec ord number of ships chartered to move . the coming crop. ' There Is no denying the .general I bearlshness that has recently been shown In the apot wheat trade through out the world.. At Chicago this week the lowest prices for nine years ruled In wheat options but alnce then there has been a gradual hardening of val ues, indicating once again that when a big crop Is reported the trade be comes too bearish and that short sell ers are later forced to cover. te Market in Doubt. While there appears to be In sight a rather good market for' wheat at Pa cific northwest points when the sea son starts, there is much doubt regard ing the ultimate range of values. Sonsn of the leading export Interests have expressed the forecast that they will be able to purchase wheat late in the season at materially reduced values than firsl quotations. While they are fuesslne: as to this outcome, their ln erence Is natural In view of the gen . era! depression in the world's trade. WHEAT Producers' price, track basis: Club, 84i85o; milling bluestem. 87 88c; fortyfold. 85Sji86c; valley. 86c; red Kusslan, 82&83c OATH Buylnx price: No. 1 white, feed, 122 per ton; grav. $21. BARLEY Producers' price, track basis: Feed. S20.6021; brewing, nom inal, $22.60 per ton. FLOUR Selling price: Patent, $4.80, Willamette valley. $4.80; local straight. $4.20; export, $3.853.95; bakera, $4.04.80. ' . HAY Producers' price: Willamette valley timothy, fancy, il3.50ftl4.00; eastern Orejron-Idaho, fancy timothy, $16.00ra)18.50; alfalfa. $13.0013.50 vetch and eats, $11; clover, $9. 009.10 per ton. GRAIN BAGS No. 1 ture delivery $8.25. M ILL8T U FFS Bran, horts. $28.60(3)27.00. Calcutta, fu $22.G024.00; NEW YORK ' STOCK MARKET - 4 Range of New York prices furnished by Overbeck & Cooke Company, 216-217 Board of Trade building. DESCRIPTION A mul. Copper Co in. Car a Ponndry, c. Am. Cotton Oil, e Am. Loco., e Am. Sugar, c. .. . , Am. Smelt, e Am.' Tel, Tel Anicrmd Mining Co.. Atcfciooa. c... B. A Om c B. a. TC Caaadlaa Pacific, e.... Central Leather, c. ... C. O. W., c; 0-. M. A St. Paul Cblao Copper Cheaapeaka A Ohio..,. Oolo. rnel A Iron. c. . . Den. A Bio Grande, e. Krta, 'General Electrle ...... G. N. ore lands ....... O. N., pfd Illinois Central .4.... Inter. 'Met., e. ....... Open I MlKhl I.nwjOlu h VaUey Southern itx lean Petroleum . . . rllle a NaahrlUe. do- Kan. A Texas, c lo. Paclfle Hevada Ooosolidated ., , few Haven , 4. T. Central (orfoUl A Weatera, c Northern Padfle, e. . . Pann. Hallway , Pressed Steel Car, e.. Ky ooas. uopper.... Baedlng. Ecp. Iran A Steel, e. Bock IalanOo....... 0. Ij. A S. w . , e.... Sonthera Paclfle, e.. Sonthera Ballway, e. Tean. Copper vbjvq riCIUIL v ..... . U. S. Rubber, e....... TJ. S. Steal Co., e..... vtaa copper .... Wabeao, a. Weatinfhonae Electrle StoUl sales 62.000 eharea. Wheat Needs Rain. Odessa, Russia, June SO. In the southwest It Is hot and dry and wheat la maturing; aatrsfar.torilv excent Srlns, which needs rain. Harvesting rye and barley will commence In a week. v.,. ctaeep rwuer uuys. ; Ml. X v ' Oakland, Or., June 20. A: J. CHne furchased from W. O. Bridges Sc Son 60 head of sheep which he shipped to Co rvaalle. Or., to ke fattened on clover, lor the market. Omaha Hogs Higher, ' South Omaha,- June 20. Cattle None. Hogs -7400: market strong to 6c Higher; bulk $8.2008.30. Z,i - - . ?m 70 71U 52 S24 62 51 "i 41 31 107 63 123 SI St Rl 81 99 ( 9U 91X 92 ei iH 91 m 90 194 19S 104 H 194 V4 36 W S6 86 80S 14 U 100 100 100 100 41 41 41 41 61 61 51 61 27 27 27 27 10 28 29 29 29 148 148 148 147 81 31 Rl 81 123 128 123 123 "iiU 'ii "i4" 14 138 187 138 138 28 V ftniZ 1189 139 188 1384 17 17 17 17 J 17 16 16tS 14 14 14 13 66 66 66 66 91 91 81 81. 105 105 106 104 111 111 111 lllfi iiliZ Vk 43 43 , ai 21 21 21 164 166 164 164 , 23 23 23 28 8 8 2 ', '" 84 'ii" 94 , 24 24 24 24 . 84 84 33 83 UKaV M J mt earT m i , 08 68 68 68 29 '. 69 'S9 'r.9 692 . 76 76 76 76 MAY TAKE LOGANBERRY MUCH EASIER MONEY IS EXPECTED TO COME Starting of Reserve Institutions la likely to Be Influence for Good; French Situation Has a Direct Effect Upon Country's Finances. New York June 20. The occurrences recorded during- the paBt week have been In great part lacking In variety and Interest, aside, perhaps, from the gold movement and the change for the better In conditions In Europe. Then, too, the prospect of our new banking system being in operation some time in September haa doubtless lent much en couragement and confidence to bank ing interests, as a huge total of com mercial paoer shortly will h avail. able as a basis of speculation, and the prospect of the lama, baa almost en tirely dispelled fears of money strin gency. Thla, despite the brilliant crop outlook, and the consequent prospects for a keen Interior demand for funds for crop moving purposes. Conditions on the continent were for quite a period decidedly strained, aa a consequence of the political tur moil In France and delay on the part of the French government In providing for Its financial requirements. The French Investment markets -were closed to foreigners pending a govern mental offering as It was apparently the desire of the French minister of finance to preserve the home invest ment inquiry for domestic purposes In order that the welfare of the govern ment might not be subordinated to that of other states. Therefore much gratification was expressed on the bourse and in other circles when It became- apparent that the new French cabinet was likely to be a success, and me ueuer zeeiing was galvanized by the announcement to the effect that the government would offer about $160,000,000 In 3 per cent bonds about July 6; the disposal of which Is practically assured. According to ca bles, financial conditions will Improve greatly after the loan is placed, and many underwriters who have been1 forced to carry heavy burdens for numerous months will thus shortly be able to relieve themselves through means of appealing to French in vestors. In addition to the foregoing the sit uation in Russia shows improvement, and Russian securities have displayed a much firmer tone. The same applies with equal force to Brazil, and inas much as the French have large inter ests in both of those countries, it is not difficult to perceive why the conti nent has become more cheerful as a re sult of the tendencies to which ref erences has been made above. The exportations of gold so far this year have been estimated at about $70,000,000, and the fact that domestic money rates have not been influenced to a material extent by the loss of tnat amount or goia. particularly when it Is considered that- over $50,000,000 has been engaged for shipment during past few months is a rather strong commentary on tne well liquidated state of affairs In nearly all domestic lines of constructive endeavor. It Is quite true that the lagging tendencies ooservaoie in iraae circles ana tne consequent slack demand for accom modations lor general business pur- making it feasible to expect such a vast amount of yellow metal within such a relatively short time. All of the foregoing has been fol lowed by - somewhat better demand from foreign sources for American se curities. The inquiry so far has been for a specific group of issues, and not general, nut it is connaentiy antici pated that the demand will broaden and extend to most all Quarters. Metal stocKs nave neen favored ty Europeans, and In addition there haa been a fair absorption of high grade railway shares. The New York stock market has been moderately stimulated by the In creased interest in American issues. but even' so, the action of the list has been rather discouraging to Interests constructively inclined, owing, no doubt, to the narrow fluctuations and the lack of aggressive leadership on the buying side. The delay In handing 'down the de cisions In the eastern rate cases has been looked upon by many as the cause of the prevailing Inertia, arid In addition the legislative activities at Washington have also been described as belna one of the principal I re straints. However that may be, Jt" Is beginning to be realized that the high ly satisfactory crop prospects, the vast accumulation 01 runas at reserve cen ters the well liquidated state of af fairs In commercial and industrial lines, and the Improvement in condi tions In Europe, are factors which were least expected and are likely to assert themselves . as controlling influences and likely to overshadow many of those ills, the importance of which Is likely to be exaggerated when senti ment Is nnduly depressed. This is to say that while it Is quite true that a forward movement would be greatly accelerated should the rate cases be out of the 'way and 'congress out of session, still it is never possible to size up the situation without finding a few weak spots or discouraging tend encies. Therefore It perhaps Is only a reasonable conclusion that Inaction will shortly begin to wear upon the nerves of business and financial communities. The next change of Importance, there fore, whicn most logically is likely to occur would seem to be one which would contemplate an extension of en ternrise and a desire to minimize, rath er than magnify the Importance o factors wnose power to cause harm is rather Insignificant, when the gen eral wealth and vitality of the whol country la considered. . ; San Francisco Barley Calls. San Franclgeot Juna 20. Barley calls: Juno If -, June 20 femsffi&s CTVr (, l, BY BANK'S OPERATION :" Close " Open Deo .........101 100 B May 1054 XOSVs B Close lvlhil 108 A MUCH INDUSTRY IS GROWING FAST I fin f A Upper picture Behind 15 tons of dried loganberries, the daily out put of the Asplnwall Brothers' drier at Brooks. Lower pictureView of loganberry patch before picking the 50 acre yard of Asplnwall Brothers. Brooks, Or., June 20. One car ot fresh fruit shipped daily to the east, a similar amount distributed to the various towns along the coast and the driers of Asplnwall and Ramp each turning out 15 tons daily of the dried product, gives some idea of the val ume of business being transacted at the village today. About 600 pickers are busily engaged In the fruit harvest in tne vicinity or btooks, some zuo 01 them being employed at the Asplnwall yards consisting of 60 acres. ii;very pnase or tne industry is ne- lno ftaMfiitlv 1nlra a tak iVita smHTtav a -. awva en-a. vino ovuo from "the fresh fruit fharket to that EXPORT SALES PROVE BULLISH FACTORS IN THE WHEAT MARKET Chicago Market Is Quoted Higher at tiie Opening but Loses Later in the Days . Shorts Hustle to Cover on the Early Movement. Chicago, June 20. There was great action in wheat for the day. The re ports of heavy export sales and enor mous lake charters for prompt ship ment 01 old wheat the past few days finally created some bullish feeling in the trade and ttaere was a bull market the first hour today. Around ton prices two or three big houses began putting wheat Into the market in large quantities. When one big house stopped selling others began and It looKea as ir tne supply was coming largely from one or two sources. It was the popular view in the open mar. ket that much of the selling was on orders from the leading Interests which announced the heavy sales of old cash wheat and the prospect of a clean up of the bulk of Chicago stocks oy tne ena 01 next week. The problem the trade has to deal with now Is not old, but new wheat. Elevator people had heavy country ac ceptances over night. Most receivers reported the prospect for early move ment. At close cash business was re- ?orted at 240,000 bushels, including 40,000 bushels of new wheat to ex porters. Ranee of Chicago prices furnished by Overbeck & Cooke company, 216-217 Board or xraae ouiiamg: WHEAT. Month Open. Hiffh. Low. 82 8l 88 69 7H 68 Close. 82 B 81V B 83$ B ?TB 68 B July 8314 83' 81 82i Sept. IMC. a 84 84, COBN. 49 7014 67 68 68 68)4 OATS. 88 40 88 S8 89 8 PORK. July ... Kept. .. Dec ... July Pept. ...4..... Dec .... . A B 1 A July , 2070 2017 1015 10.12 1085 1165 1160 1145 Bept. .. Jnly ... Sept. .. Oct. .. . . 2020 2028 LARD. 1018 1015 1030 10 t 2017 1015 1030 BIBS. .1157 1067 1055 .1160 1062 1057 .1140 114T 1037 jaiy Sept. Oct. -e New York Cotton Market, Onen. High. Low. Close. January ..1238 March ....1242 May .....1266 July ......1272 August ....1271 September . - - October '....1248 December ,1262 1-41 1Z31 1Z3103Z 124 1X87 1268 1259 1274 1254 1274 1260 1237&8S 1269060 126466 1ZB1 1250 1240 . 1243 1250. 1240 1266 ,1248 Kansas City Hogs Rise. Kansas City. June 20. Hogs. 200. I Market 10c higher. Tops, $ 8.8 0Q 8.85, ama, ivv. oiavr urui. Sheep. S00. Market lOo highan OF OUR of the dried product, canning and fruit Juice, and the growers are jubilant at receiving some large orders from the east., thus precludinaT any attempts on the part of the local buyers to force the market price down to 2 and 8 cents previously offered. Twenty carloads were purchased Thurscrav from Asplnwall brothers by J. A. Dengel; northwestern representa tive of O. H. M. Wagner & Sons of Chi cago, and two cars have been shipped out, one to Lincoln, Neb., and the other to Chicago, to be followed by one every day till the order is filled, with prospects good for several additional orders. LI LOW PRICE AT SEASON'S CLOSE Too Much Publicity of Former High Price Believed by Some Growers to Be Reason; World's Market Is Really Higher. By Hyman H. Cohen. The payment of 2c" a pound less for wool at the Shanlko sales this week than initial transactions is scarcely in lino with the general tendency of the wool market at world's centers. The market for wool at all points in the world with the exception of Shan lko has been firmer and higher dur ing tne last weeK or 10 days. Tne for mer Shanlko sales were the result of much publicity throughout the United states as tney inaicatea a very snarp advance over the prices that were be ing paid prior to the time the free trade bill was put Into effect. This seems to be just what the big eastern mill interests were not look ing for. They were agbast at the pub licity given the Shaniko sales ana for that reason the last offerings did not meet with such a good reception nor such high bids. . Were world's conditions lees favor able than at the time the first sales were made at Shaniko this season. there would have been no reason to complain. As matters stand, with the world's trade generally Quoting a high er price, the Shaniko sellers believe they were discriminated against by buyers. The sales at Shaniko leave but few lots of wool In the hands of Oregon producers. In the main they have re ceived from 2 to 4c a pound more ror their offerings than a year ago. There was scarcely sufficient wool left at Bnaniko- previous to tne last sales to cause buyers to worry about securing tn eae oixerings. The feeling in the wool trade in the east Is best Indicated by the following mail advice from Boston: The volume of business has hardly been as large during the past wee aa it was in the one preceding, but manufacturers have been obliged, nev ertheless, to buy a fair quantity of wool ana xor wnat tney nave taaen have paid full recent rates, although any endeavor to advance prices haa met with , the same stiff resistance that has been In evidence of late all along the line from topmaker to weaver. . The present week will see a practi cal end to the buying of wool in the country west 01 tne Mississippi river. Very little wool is now left in the northwest and Texas will doubtless fee pretty well cleaned up this week. The struggle , wiQ then be transferred to the seaboard markets in earnest and the question is whether or not the market will advance sufficiently to allow the dealers profits on their later bought wools. - In In thia connection It is certlnent to consider the heavy Importations of wool which are being made at - the present time, Latest cable advices from Bradford. England, indicate that the American operators are making 1 the market on wool and tops, more SHANIKO W IN RECEIVE WHEAT MUTTON TRADE NOW RATHER' STRONG HERE WITH BIGGER DEMAND Killers Forced to Keep Values In tact Even Though Run Is Big; Country Interests Are ' Buying Supplies t Present Time. PORTLAND LIVESTOCK RUN. W'k end'g Hogs.Cattle.CalveaSheep. June 20. 2668 1612 June 13 i317 1497 June 6 4809 1609 May 30 8488 940 May 23...... 4490 1054 Tear ago.... 8032 1676 2 Tears Ago. 1405 1955 8 Tears Ago. 1686 1741 71 8179 85 5967 100 8484 101 4449 95 6164 184 6619 91 4192 246 7908 By Hyman H. Cohen. The wonderful strength of the sheep market at North Portland as well as -l ouier American eiocixyara poinia Is attracting much attention from the I trade. The big run of mutton and j lambs at North Portland during the'Oroclett for a one and one-half story week failed to even in the slightest particular weaken the trade and all arrivals were gladly picked up by small and large packinar Interest at last week's full values. The fact that sheep owners in the country are themselves purchasing mutton is sufficient reason for the strength In the trade at practically all points. Wool prices were so good this season with . the likelihood of a similar showing next season, that there is a general, tendency at country points to get back Into the mutton business. Considering its closeness to the sheep supplies and the limited demand that has been shown in the coast mar kets for muttasi up to the last year, the present strength of the trade in the face of flush of season arrivals, is causing comment1 of much favor to the North Portland trade. General mutton market range: Best shorn yearlings $4.60 4.75 Shorn wethers 4.20 Best shorn ewes 4.0004.25 Light spring lambs 6.00 Heavy spring lambs 5.25 5. S5 Orass Cattle Bave srxeot. With California grass cattle of good ESS? ifnertyuUesroed for the coming week's trade at North Portland, there was a general tendency to weaken views among buyers In the , local yards during the week. There was a email increase in ins . volume of catUe arrivals during the ! wo1r nmn.ri1 with tho nrttvtnuH nix days: Very little real good stuff putj in appearance during tne ween ana in a measure this accounted for the aimost general lack or sales at ex- treme values. Cattle market conditions east or tne Rockies, on the other hand, were Mimavhti steadier and In some in- ! stances better figures ruled during the , week's trade. General cattle market range: Select light steers $ 7.75 Good to prime .... Good to choice ... Ordinary to fair : . Va nnv rnwa . . - 7.50O7.65 7.007.35 6.75 ii 6.76 7.00 7.00 Good to .prim 6.00 6.60 Ordinary . . Select calves Heavy Fancy bulls Ordinary . . . 5.60 05.75 8.509.0Q Hog Market Closes 2Elgher. . There was a fair advance In the price of swine at North Portland dur ing the week in the face of a small in crease in the marketing. Hog prices throughout th. coVntrV are showing similar condition ' and there is still room for a rather smart advance in the local price before it reaches its Usual position in uu wunirj v u bub. Whether this advance will materialize will depend considerably upon the amount of stuff that is available for killers during the coming week. Re ceipts during the last few weeks have been somewhat reduced and unless more stuff comes forward there Is a general belief that killers will be forced to change their views and again place North Portland at the head of the hog markets of the United States. General hog market range: Best light. 200 lbs... $8.06 Medium '-"J Heav- 7.76 Fat pigs San Francisco Dairy Products. T ..A.! mAa T.tmA. OA TT... k w tras, 25c; firsts, 28c; selected pullets , 21c . . . Butter Extras, zco; prime nrsie, 23c: firsts, 23c. . ... Cheese California fancy, 18c; firsts, 12 He; seconds. 12a Chicago Hogs , Higher. Chlcae-o. June 20.--Hogs, 11,000. Market strong. 6 to 10c higher. Mixed, $8.1008.42: heavy. $7.950 8.40; rough. $7.960 8.10; lignt.- fs.iui&B.sf. cattle, 100. aiarKet steaay. Sheep, 2500. Market steady. Denver Cattle Are Strong. Denver, Colo., June 20. Hogs, none. Cattle. 1000. Market firm. Steers, $7.600 8.25; cows and heifers, $ 6.75. 0 Z ' 8.10: calves. $9.00011.00. Sheep, none. particularly for grades running 60s and higher. One large mill alone is reported on good authority to have purchased for import something like a thousand Dales 01 t?outn American line crossbreds. largely Punta Arenas. Fine wool and tops are being brought n from France also in considerable quan tities of late, while other Continental countries are likewise contributing to the total importations of wool and tops, to say nothing of yarns and cloth. The heavy importations are bound. In considerable measure, ac cording to the calculations of certain merchants, to -oDviate tne snortage in domestics wool and for thla reason they are refusing to buy domestic wools at tne present hisn level ot prices pro vailing in the country. America Prim ary u e. The situation at American primary markets is still of most excellent char acter. Buyers, while "bucking" some what, are still glad to be able to se cure supplies and are forced to accept the wool at the prices asked by hold ers. In Ohio medium wools have com manded as much as 27c, and the gen eral price for fine and medium wool has been 25c and 26c to the farmer. Some growers declare they will not sell their unwashed wools under 30c In Michigan 24 c to 25c is being paid for medium clips, and as much as 24c is being paid for medium bright clear clips in Missouri. In Indiana' 25c has been P Id for round country lots and 26o for clips In certain sec-.j tlons of Kentucky. - Texas is the mecca of the wool men , atvtbe moment. The Kerrville wools were offered under sealed bids. on Sat urday. Reports to the effect that the San Angelo 12 months' wools were sold last week were denied later, although it appears that they were placed under option until the xlrst of this week. The ; &an Angelo eight months' wools have I been taken at 16o to 17c. 1 In Montana but little wool Is now! left unsold, and 20c appears to be con sidered the going rate for almost any thing. In the TrlangU as much as 21 Vic was paid last wee- for medium wOoL Wyoming is fast n earing the end of th wool season at 17c to 10c for the best clips. The New Mexican clip Is moving very freely now, and 17c to 19c Is reported paid there last week for rood medium dips, or over 60e landed Bos ton cieaa scoured baala. 7A(KB8.00 6.605.75 6.600 6.00 a 8.10 0 8.00 1 (37.90 07.60 CONTRACTS LET AND mu Beady for CoBTaat Architects Jacobberger V' Smith are taking bids for the construction of the proposed convent and school to be erected by the Sisters of the Good Shepherd In Piedmont. Bldsrlll close June So, after which the general eon tract will be let. The building is to be a four story structure of reinforced concrete construction. Its estimated cost Is 1100,000. Xaegleya B Zlae 1 A. H. Maegley obtained a building 'permit Saturday last for the erection of a two story frame residence at 1$ ; Kingston avenue In Parkslde addition at a cost of $ 12.000. Plans by Archl ' tect J. V. Bennes. Contractor H. K. . Doerlng will do the work. Pour Oottaare Permits. Contractor Hallock took permits Sat urday for four dwellings, two of them to be one story cottages, on east Seventy-fifth street near Burnside, one I to be a one. and one-half story bunga low on Bast Forty-fifth street near I Stanton and the other a smaller build I lng on Lombard street and Portsmbutb .venue. Broadway Oovtafea. Jobn P. Preston Is building a one and one-half story frame cottage on East Forty-sixth street and Broadway, Completed, the house will cost $2600. ' Boss Otty Vsrk Activity A permit has been Issued to C O, bungalow to be erected on East Fifty fourth street between Stanton and Sis- kiyou at a cost of $2000. SSast fttde Wholesale Buliaia. Plans of the Blake-McFall buUding. to .be erected at East First and East Ankeny stret, have been completed by a local architect and forwarded to San Francisco for the approval ot the head office of the concern. The building will cover a half block and is being erected by Oscar Telnta of the Pacific Iron works. The Blake-Mc Fall company has taken a long lease on the property. T. 3C C A. Beady July 1. The announcement has been made that plans for the proposed T. M. C A. building at Astoria will be com pleted and ready for contractors' in spection about July. 1. Permit for Shogren Apartments. Architects Claussen & Claussen have let the contract to Cassell & Oberba for h. erectlon , of the Prised four .tory apartment building on Madison street between. Broadway and Park. The building is to be erected for the Messrs. Shogren and will cost $46,000 waud f laundry. i-n-ir. Architects Emil Bohacht & 8on have compieiea arawings ior a two-story laundry building to be erected at Sec- oni Archer strets. South Portland. for C. A. Wagner. Bids will be asked "r .. uyuuiug w morrow nom a numoer or selected con tractors. The building will cover an area or 60x100 feet and will be of mill and brick construction. The es timated cost Is $14,000. Bo! man Apartments To Be Altered, Edward Holm an took out a permit yesterday for the alteration of the three story frame apartment building at the southeast corner of .Third snd Mill streets. The estimated cost of the work is $20,000. Zrns taa Osts JXmtraet. ""Contractor W. O. Heckart. of Eu gen, are the low bidders on the four alteration contracts . at the State Uni- verslty. His was $47,990 for the en tire work. Bids ranged between the iow figure and $68,700, the latter bid REALTY FIRM REPORTS SALES NUMEROUS The Atchison-Allsn Co. reports that business is picking up with them, and many new sales have been made re ! cenUy In the Lake View Villas tract at I the west end of Oswego Lake. Addi tional train service and .the electrifi cation of the Southern Paclfle lines running south have given a new im petus to the sale of these home sites, ant many of the purchasers have start ed to build new bungalows on their tract- REALTY TRANSFERS Iorclhorat Co. to Boae Lelaad. lots 6, . 10. block 55, Laarelborat ....$4,125 800 th port Land Co. to H. 1. Peary, lot 17. block 7. Sontbport W 8. H. -Greene and wife to Mlaa Emma Zlnk. lot 6, block 7. St. John Park addition liollie Crabtree and huabaad to J. W. Wiaem an. lota 1. 20, block , Willa mette 600 10 Michigan An to A Buggy Co. to Marls C. Pooler, lot 7. Mock 87. Laarelborat. . 10 George L. UcPberaoa and wife to Marie C. Cooler, lot 7, Mock 87. La orelharaC 10 Mrs. Mary Lloyd to ktra. Amy Marker.- I a i a "? nai i aonlh lot 82, block 25, Portland bone Fir cemetery Crown Inveat tent Co. to C. N. Bakery lots 24, 25. block "B," of anb. block 1. 2, 8. Parkhnrat addition Will H. Shealy and wife to Nina M. 15 4SO BartVett, lot 5, Mock 8, Webdam a addition Henry L. Cbrbett et al to Eeg-ente T. Rtrhot -ait AO feet lot 8. block 12. 1.000 city of Poryand 10 CItiaena Bank to ra. E. a., msceraio, lota 28, 80. block 1. Bala ton addltluau - SOO Security garlnga A Treat Co. to W. T. Maatera. weat ii rest, km a a, a, duh &, Kenwortby'a addition F. Wolff et al to Mary Brldgea. land beginning On -nortb line Colombia etreet. westerly thereon 102 feat from Twelfth etreet J. A. Cam tings and wife to William 3. Womeladorf et aL lots 13. 14. block 9. Taboraide . . . George W, risber to Lillian B. Flaber, lota I. 2. 8, 4, block 7, I ran hot Swlntoa Land Co. to Alice B. MeOee. Into- 18, 14. block 60, Swlntoa.....:. William D.. amea and wife to W. T. Hodge et al. lot S3, block 18, Mount Tabor Tills A. C. CaUaaet al to William S. Naah, part block 14S Coach addltloa A. C. Causa, et al to William S. Nh. beg lag on aoeth boundary Couch atreet, CO feet- eaat from aootbe t 10 10 680 aorta Beventeeatn ana ix co Insures FuU Milk Pail I glTB WSM m B B BIIBBB . fn tier a r ana mmaer wne n n bothered 4 bit i by ft a R leva thdr d-tnatt by spraying them wUk Conkeys Fly Knocker Doesa stttnx it m afv 1 givesci rwatbe aad co at that insure a loll a Ik paiL Keeps Flies Awayt From Cattle and Horses Ona eoace aa m two aaiula Saves tiaaf. a raaacs prod , 1 a. - a e ' iry ii 'ays Money Back If Not, Satisfactory . Try a caa today, Qt. 3Sc. gal.Sl-0,EaLs BUILDINGS PLANNED being submitted by a Salem contractor. I The work la to consist of alterations 1 and editions to Deady Hall, the En- glnering bulldlnr, the University li brary and Men's Dormitory. . B. XIUs B14T Bew Ex -Coturressman W. R. Ellis has begun the erection, of a two atory frama residence on the west aid of Royal court at the corner of Everett street. Contractor J. B. Henderson 1 doing the work. . The house will cost $6500. - 1amada Vac Oottaga. The . Oregon Home Builders haa broken ground on Glen avenue, be tween Bryoe and Mason streets,- in Olmsted Park, for a one story rrame cottage to cost $4200. The house is belna; erected for J. I Shaw. To Bull- om. St. -Trancls KSO. - J. CL P. Westengard has begun the erection of a two story frame rest dence facing Maywood Drive, between Washington and Mildred streets oa St. Francis hill. The nouae wm coat $4200. Vrw sjouth Portla-4. Oottage. H. K. Doberty has obtained the eon- tract to put up a two story frame dwelling on East Twentieth and Carutbers streets for J. b. yv oruom. The house wlU cost $2600. Bids for Vew Amity So-ool. Archltoeta Tonrellotte A Hummel! are taking bids for the construction of a school building at Amity. Or. The structurs win be of heavy mill eon atrucUon 80 by 1$2 feet la dimensions and will contain four classrooms, an uditorium and the usual smaller apartments necessary to a eompiete school. The closing date zor receiving bids Is July L Contract Xt for IColaUa School. Architect P. Chappel Brown has let the contract to Ben Hoisted ter of Sil verton. Or., for the erection of a school building at Molalla.. Or. The contract price Is $12,000. 2ffew Vob Mill Apartments. Contractor Otto Selxmen obtained a building permit yesterday authorising the erection of a three story brick apartment building at Twenty-first and Overton streets. The building Is being erected for L Holsman. Plans by Architects Claussen & Claussen. Bow Xrvtngtom -Come. A permit was issued to the Eastern Builders' association for a two atory frame dwelling to be erected on Broad way Jiear Twenty-eurhth street, n Mentdb Park. The building will cost $3600. Upper Pe-tas-la Cottage. O. M. Castleman haa let the contract to Alfred Helsmer for a one and a halt story frame bungalow to be built' on Commercial street between Jessup and Jarrett on the upper peninsula. Cost, $2800. Two Xarge Permits Issue , . Two of the largest building permits- taken out in several weeks were issued yesterday by the city building department. One provided for the pro rosed new National theatre, which is to be erected at Park and Stark streets by the Boyajohn-Arnold company at. a coat of approximately $100,000. The other makes provision for the combi nation store, hotel and theatre build ing which is to be erected by A. C Ruby at Fifth and Burnside at a cost of $60,000. Oas Tank Touadatioa. The Portland Gas A Coke company has obtained a permit from the city building department authorising the construction of a foundation for a steel gas tank at Mllwaukle and Clin ton streets, at a cust of $46,000. Mr. Atchison states that his company Is now erecting several new homes on the lake shores, and on the acre tracts above. Lake Grove Park, the picnic grounds at Oswego, has been improved this sea son, and Is attracting hundreds to its cool shade every week. Thie company reports the sale of small tracts in the Oswego, Tlgard and Bonlta station districts to the value of about $15,000 during the past $0 days. atreets. part block 149 Conch' a addi tion 10 William S. Kaah and wife to Alexander H. Kerr, same aa above 10 Same to same, same aa above 10 La dd Eat at Co. to Winifred B. Ham mond et aL lot 10. block 21. X aatmoi rt- land 1.060 Ladd Batata Co. to Alice Bntterw orth. lot 21. block 21. BaatmoreUnd 1,060 T. U. Word, aberlff. to Joba G. Tracy. lot 1. block 8. McMlllen'e addltloa. .11,164 Clara ML Susontoo, and boa band to Grace McGowaa fleekenatcln. lot 2 8k t- Hae acres ... IS Kngenle V. Blebet and Irasoand to Ham- 1 11 too r. Corbett et al. weat 4 lots 6. I 6. block 82S, city 10 Alice Lefargo WUi aad boa band to W. I K. Haisllp. let , block 2, Cross ' Park addl tioa 10 Emma Tucker aad baabaad to T. C j Hamilton, lot S. block lO, Moaat Hcott View SOO ; P. C. Hamilton to Frederick McCrary, lot S. block 10, Moaat ott Vlow... 10 1 Pan! Tealuk and wife to Tbomaa Ktt. I nortb Iota X, 8. block L. Et tl Lrna addltloa 1 1 E Ia. Barbara and wife to i. L. . Rob- . Inaon. Iota 11. 12. block 6. Baybnra Park ia aeetloa Id, townabtp 1 eoath. range eaat. lot S. block 2. Hiram Cole a addltloa - 1.000 Martin T. Daffy to William R. Laeey, lots S, T. 6. i. block 3. Holmee oak lot 6. Oleawood Park t,200 M. L- Hoi brook and wife to Mr. M. M. Rtrabenaoa, lot SO. block 2, Hotbrook's addltloa 400 Empire Investment Co. to C. A. Ruff, lota , 7. 8, block 2, North Bank ad dition 10 W. N. Price et al to William Rolph. Overbeck Stocks, Bonds Cotton, Grain- Etc. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Clea.ro Board of Trade Correspondents of Loran a By ran Cbicaco. New York. tlS-Cir Board of Trade -toC-la-. J.C.Wilson&Co. tTKW YORK bTOCK EX CHAN OB WW IOBK COTTON EXCHANOl CHICAGO BOARD OF TRADS TOM STOCK AND BOND EXC-AMOI SAN FRANCISCO POHTI- NU OFFICE Oak St, Ore--d Flaor. wis SUs. Fkasas Merskell SM. AitrT I J 24V, 80. Mock 4. Arleta Park Xe. 1. x T76. to C. A. Eaff. lot . block 4, East 1 St. John If' - . 1. Xrr and wife to Oaori H. Slb bJift aU 70x164 tea . lot S, block 1. Portland HoaMtea4 4.00S F. A. Jofansun and wtf to B. B. Bra aa wU et al. M 14. block 14, Sha- harat adAlttoa , SOO Pii Keolty A Troat Cev to Jarkaoa a Rlnahart lot 8. AmeodeS Plat, 1 btoek 6, OUhaa'a Second addlttoa .. W , Wluiaaa K. Maftct to Oeorco W. Joaepk. " lacM la oecttoa 2s. towaahlp 1 aorta, ' nx s eU at tT CtmltTT inn 1 la II n. Rdm . "ajw, Bouinvui lot T4,- aoetkoa w"B." Rome City eoaMtery T Harttetta Seltonrelch to Eatbor rorborr. lot IT, btoek 70, Irvl-fton Park ad - ttoe aos Fortlaad Tr it Co. to Nellie M. e poweO. lota 23. 24, block T. Weot Fort- land Park 134 Baa City Park aaaoctatioa to W. S. McGoire, lot 19, block 134. Base CSty Park is BUILDING PERMITS . trs. Brady, repatr one atory fraaa dwell bis. Third, betwors sherldta a ad Galea 3 b laer, R. J. Lew I; $100. Mead Xotate, repair aeod atore, rroat, be tweea TambiU aad Taylor; baOder, J. J. Batarrj $100. J. A Workla. erert two atory frame dwell lag. eereer Tblrtletk and East-Carstkets; . baUder. H. E. Doberty: 82600. Uikl as dc 80a, erect Xia atory treats Te booM, BeBoat, botwwaa Twentr-flrat aad T entree sd; batltr, H. Ktkl 1; 833S.- Pmnl TatB, repair oee atory (raise dweu. lac, Bmcbtal aveaue, betweoa Stark and Buro- aide; beiider, w. J. t rter a vaw aeat euu. O. B. Barrett, erect obo atory trans (table, Haaaale, betweea Seventieth aad veTeaty-Orat; builder, eaase; $76. . .. La. U eilaa, repair eae atory tnmm dwall tnc. Bast Sove atyigbtb. betweea Bvarott aad Barnae; balldor, J. K. SonvlsBier; $11 ParrUb, Watkins O , repair foar euwy brick ordinary tmOdlaff. North Fifth, be tweoa Everett and ITa adera; baUder, T. C BelebJe; $T. rata Brntbera, repair eno atory rra reatanrast. Barnda, botweoa rtfth aad Sixth ; halloor, kf. H. OOo-a; $50. Smith Heat mar, repair aU atory brtek erdlo ry balldins, Broadwar, betwooe or- -rlaoa aad Yamhill; baUder. Jo m BUfham; $100. Fleteh ar Uaa, repair fear atory brick ordl aary bul idlcf . Froof, betweea Tarlor sad Sal- . Stoat bnl Ider, Colombia Carriafe Work a; $ W. O. U. Castelman. erert one and a half tar y trmm dwcUlof. Com m re 1, tacwta Jmp aad atarrew j Baiiaar, urra ms m wai Kaatera Bafldera Aaaoelatioa. erect two -atory Crania dwelUnf, Broadway, betweea Tweaty-elahth aad Twaaty -ninth ; blder. eame: 83600. L r. W. Aabhlaoa. repab? eae atory rrame dw Hag, Li oa arenaa, betweea aa 1 - , aad Kit Ooncbx ballder, N. C. Paahwai $ieo. Robert W. Staaghtar. erect one atory teat ' ho to. Ninth avenue, betweea Bona aad Ion-, er; smiaer, aamo; a . . i". Uotamaa. erect three atory ordinary a pert man fa. Twenty-first and Overaoa a treat; bU4 er, Otto iSaUmana; 817.000. Ooerad Haha, erect oee story frame stable. Eaat TweUth. betweoa fai-Bg aad Beech ( builder, r. rraaabe; OfiOO. B. E. Lee, repair one atory-frame dweniar, rtfty-flfth avenue, betweea "txueth aad SU ty aeeoad; bailder. aajno; $260. Cleveland to Have More 3c Privileges XOectrio Z-i-ts, Zoo Orwaaa, Boda Pep aad Other Thlars C Ba Xa4 at Bar- gta Couater Prices. Cleveland. Ohio. June 10. Cleveland, now enjoying the benefits of t cant atreet railway fare, soon will be using S cent electric light from the munici pal plant and will have an opportunity to purchase 8 cent toe cream cones and other refreshments In the city parks this summer. The municipal refreshment stands for the first time will be operated on a . 3 Instead of 6 cent basts. They will still be under city management and ' the quality of the goods will be guar anteed. Soda water, poo. lemonade, mill- buttermilk, peanut a. popcorn and sand wiches are all to be 8 cents. The city alms to break even on -the refreshment proposition, and if any profit is made at $ cents, the prices will be cut still lower. TRANSPORTATION largest SlCb. 442 Ships inth WORLD L417.710 TONS ran uaxxxmou $xPensaylTaaU ...... -Mb. IS Keoa Zky-BATOB 27t7 12 Kooa TVJtT aU-XZ-raS rrea. Lin sola Jnly t, 11 A. ML VAIIAliD....J 77 ISA. MT Xaiaorta Aag. Tle-oiy 11, 1 P. M. faSatavla .July IS, 11 A. M. Lttr-BATOB. July IS. 13 Xobb alPratorla J0I7 T P. M. rrae. Araat. Jnl SO, 10 A. M. aSecoad cabin eaiy. Uaa mrg direct. ICaU at BoologBa. Mediterranean t-Waltar, Naples aa- Cme a. a. duibv. ...iunm wo. a r. M. f. S. Molts .Joly li, IP, M, a. m. n -g Aag. a, S P. M. S. S. Molt a.... Aag. B P. M. TWO CRUISES IN 1915 Around the World Through Tho Panama Canal riwa Caa ' Fraac fey CrsMns Bitn-ra "Cincinnati," Feb. 8. AND "CleTeland, "u ti a ww 135 wachISise 5900; ap. lnemdlng alMia Write for DODklot. j3rx-Aaeri-i Use ' Ha wy St Bayae. SOS Sd eve, Seatt 1. Saa Traaeiaae office tee Stoaktoa St., or O.-W R. ti M. V-t aaroi jrttrte. 0. a a. a. a. .. aan. lagtoa oaw, aunt a P. s. a. a., eraat jforuu wm a r. a t -Doraay B. smltk; 11S Tkus St. yertlaaa. Coos Bay Line 'Steamship Breal.wa.er ! Sal rroaa Alnawortb -, Port land, g a. , l May IS. IS.. 28. lane S. T. 12. it. t3. XT. rrctgat ane acset arnee lowar i laaaai in dock. Port ad A Coa Bar S. S. Uaa, U H. aaanag. Agaat. Pbaae Mala las dagalaa sad Saa Dla e, . STEAESHIPS YALE AND HARVARD Bailroad ar aay at easier to Saa rrame u. tba Exnoattloa -City. La rgaat. raat aad tbe OKtY strietly flrat-eUaa peeaaagor aaipo oa the Coaat. Average apaad. 2S aillaa aa soar. Coat f2.eoo.OUO eacb. fJ-T TB-jrciSCO. FOBT-AB9 OS . aso.es S. S. CO. Trait lal a. Aa I 134 Tblrd St. Mala A-4-M. V. ft W 1 Going or Coming ' Travel ty the I HAMBURG-AMERICAN LLK
