The Oregon daily journal. (Portland, Or.) 1902-1972, April 21, 1915, Page 10, Image 10

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    7
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SPORTSMEN ARE SELLING ENOUGH FISH TO OPERATE A CANNERY
MOHAIR MARKET IS
TENDING DOWNWARD;
PRICE IDEAS LOWER
Latest Sales Are 1 54 c Pound Less
Than First One- Turkish Situa
tion Not Generally Understood
No Substitute for Woof.
The sale of the Riddle mohair pool
yesterday afternoon at 31c a pound
or lVc a pound below the -first pool
aale this season, indlcafea a weaker
teellng In the trade as well as a lack
of speculative tendency.
Even tbe prevailing price is consid
ered too high or the big buyers to
participate In the trade. The first
sales of mohair this season were at
Walker where 32 c a pound was re
ported obtained. The next was at Ed
dyville where Norton paid 31e a
- pound for about 20,000 pounds. The
. third sale was the one at Riddle where
the market dropped to 21 He The
next one will be at Scio on Friday. It
is expected that 12,000 pounds will be
offered.
v.. There seems to be some mistaten
ideas regarding the mohair situation at
this time. In some quarters the belief
prevails that owing to the European
war and the fact that Turkey will not
be able to market its mohair, will mean
much to the trade here. This is a de
batable auestion. ,,., . ,
Practically all the Turkish mohair is
sold each season to English and Ger
man interests. None of this enters
- the United States except In periods of
exceptional prosperity and demand to
gether with the inability of the home
'trade to fill requirements. -Therefore
no far as the inability of the home
trade to secure the Turkish mohair is
concerned, this is not likely to have
any Affect upon the trade.
The only possible effect that the
Turkish situation can have is to force
buying of our "hair" by England, ir
this occurs there will be a liberal ad
vance in the price here. . .
In some quarters the report Is being
spread that owing to the high price
'of wool some manufacturers are fig
uring upon using mohair as a substi
tute. . This would scarcely force the
price higher because if mohair Is util
ized as a substitute for wool it would
be so used only because it was cheap
er. At the present time mohair is
higher than wool, therefore even ir
suc h a thing was possible, it would not
be likely. r
TWO CARS OF STRAWBERRIES
Two cars of strawberries, both from
California, arrived on the local market
i a ii'r.i ir,wer. One car
came from Los Angeles and the other
from Fresno. Sales of the former at
J2.2S and the latter at 75 85c, ac
cording o size of crate.
COOOANUTS COME IN ROUGH
Shipments of cocoanuts in the rough
.state arrived on the local market to
day and attracted considerable atten
tion The stock was carried in large
bundles. The shipment came via San
Francisco.
HOGS SCARCE OX STREET
Dressed hogs are very scarce along
Front street and the market is firmer.
Good veals are also scarce but poor
?uality is coming forward in quite
air supply. Prices generally un
f changed.
MORE EGGS ARE COMING
Front street reports in more egg sup
plies today than for some time past.
This Is believed to be due, to the fact
that the storage interests have been
securing more than they were able to
take care of. Prices about the same.
CORN PRODUCTS ARE HIGHER
Owing to the firmer trend in the corn
trade recently in the east, corn prod
ucts are showing fair advances In the
local market. Price rises were reported
today in syrup, corn meal and starch.
SHIPPERS WEATHER NOTICE
Weather bureau sends the following
notice to shippers: Protect shipments
as far north as Seattle against mini-
Edited by Hyman H. Cohen.
SALMON CANNERY IS
OPERATING HERE IN
THE CLOSED PERIOD
Sufficient Salmon Being' Sold by
Money - Making Sportsmen to
hive Ton a Day to Local Plant-"
Officials Are Astonished.
J,
ne of the "sie-hts" In the trade at
this time is the fact that a big salmon
cannery is being operated in this city
during tho closed season for commer
cial fishing.
Notwithstanding the fact that regu
lar! fishing operations are not allowed
by flaw, this salmon cannery ia said to
have obtained fully a ton of fish at
Oregon City from commercial fisher
men, ope.-ating as sportsmen with hook
and line.
According to an official of the state
fish commission, this is proving one
of the real weaknesses of the Oregon
law. The sportsmen are allowed to
catch three fish a day and can sell
them in the open market While net fish
ermen are not allowed to operate. The
sale of these fish, according to a state
Official, can scarce! v he ree-iilat un
der! present conditions, thereby defeat
ing me very purposes or the law
which seeks to protect the salmon dur
ingt the early spring run.
It is stated that measures will be
taken to either prohibit entirely the
sale of fish caught during the present
closed season, or else open the season
and rivers so that anyone can fish at
any time.
mum temperatures of about 35 de
grees; northeast to Spokane. 28 de
grees; southeast to Boise, 26 degrees;
south to Ashland. 30 degrees. Mini
mum temperature at Portland tonight
uuuui oo uegrees.
I . V.
BRIEF NOTES OF THE TRADE
Chickens continue firm.
Asparagus trade in holdlnsr tedv
Potato market firm at unchanged
Interest in hoos is allarhtiv Incrmsul
increased inquiries are shown for
canned nsn.
Next Crop Wheat
Sharply Up Today
At Chicago Close
Chicago. April 21. (I. N. S.)
Wheat was very strong at the close
for September with a net gain of lc,
July c and May '4c
Wheat prices sagged in the pit at
the opening today on reports of the
renewed attacks by the allies on the
forts In the Dardanelles. May wheat
opened at $1.58 Vi, a drop of 2 He from
last night. July wheat was off J,4c at
the start and September wheat opened
at ti.zitt. a decline of c.
Foreigners were on both sides or the
market. Many of the traders are
bearish on July and September on the
price ana crop prospects.
May corn opened with a slight de
cline, while July was He up at the
outset. There was considerable short
coverings on the advance. Oats was
steady, provisions were weak.
Range of Chicago prices furnished
by Overbeck & Cooke company, 216-217
rsoara or j racle Duildlng:
WHBAT
Open
..$1.58i
. 1 .84
.. 1.21 ii
CALIFORNIA BUYING
May
July
Sept.
Hay
July
Sept.
May
July
Sept.
May
July
Sept.
May
July
Sept.
.774
.. .80
.. .80
-57J4
... .564
.. .48V
-.17.47
. .18.05
...18.45
. .10.17
..10.37
-.10.05
May. 10.12
Jaly 10.45
Sept. lo.7a
HiKh.
$1.01 H
l.ae'j
1.24 V-i
COHN
.78
.80
81V
OATS
.57 i
.50
4STi '
POKK
17.55
18.10
18.02
LAUD
lu.;3
10.42
10. OS
RIB3
1O.20
10.52
10.72
Low.
$1.57
1.34
1.21
.774
-78
-80
.56
Clise.
$1.61
J.3514
1.23 A
77B
.80B
.80 B
.55 .58 A
.47 .48 B
17.45 17.47
17.05 18.02
18.40 18.47
10.12 10.12 A
lO.HS 10.) A
1005 1O.05 A
10.12 10.17 B
10.45 10.52 A
10.72 Hi. 77 B
TRANSPORTATION
Palaces of the Pacific
8. S. WOETHEBH PACITIO
S. 8. GREAT NORTHERN
Se Iuxe Fast Una to
SAN FRANCISCO
8. 8. WORTBCERW PACIFIC Balls
April 85. 39, May 3, 7, 11. IS.
;: Steamer train leaves Portland, North
.Bank depot, 9 A. M.. arrives Flavel
12:30; lunch aboard ship; SS. arrives
San Francisco 3:30 P. M. next day.
Freight delivery second morning
after shipment from San Francisco.
50BTH BANK TICKET OFFICE.
Jphones: Mar. 930, A -6671 5th ft stark
COOS BAY
AND EUREKA
S.S.ELDER
BAXXiS SUNDAY. APR, 85, 9 A. M.
UiC EVERY SUNDAY THiKjCAFXEa
FORTH PACIFIC STEAMSHIP CO.
Ticket Office I Freight Offioa
122A 84 St. root Northrop St.
MAIN 1314 A-1314 Main 6209; A-S421
S. 8. BEAVER For
San Francisco, Los Angeles
tAR, April 33
Tbe 8u m&oisoo Portland S. 8. 0..
M ead Washing-ton Str;. (With O-W. a. AN.
Co.) T.l. Marshall ftoOO. . A-6181.
STEAMSHIP BREAKWATER
Sails from Alas worth Dock, Portland, a. at.
Friday. freight and Ticket offioa, Alna
wortk Dock, f hone i.ai 8800. A-&33S. City
Tickat offioa, 80 bixth at. Phone Marshall
4600. A-1S1. Portland Cooa Bay S. S. Ian.
American-Hawaiian S. S. Co.
A-l Bteamshlp "BONOXVTJXAJr
(7069 Gross Tons)
Carrying 1st Class Passengers only to
NEW ?OBJC Via the Panama Canal
Sails from San Francisco on or about
MAT 10 Far $150.00.
C, D. KENNEDY, Agent.
- .870 Stark Street, Portland. Or.
STEAMSHIP
Balls Direct for San Francisco, Xtom
Angeles and Baa Diegro.
Friday, 2:30 p. m., April 23
BAN FRANCISCO. FORTX.AJND ft
X.OB ANOELES STEAM SKIP CO.
FRANK BO T.T.AM, Agent.
134 Third B. A-459a. Mala 88.
JOBBING PRICES OP PORTLAND
Tfe'esc prire are ihose at which wholesaler
""w retailers, eieept -s otberwtae stated.
I bey are corrected up to noon euch day:
' Dairy Produce.
EGGS Nearby freshly gathered, J8V,19e;
csset count, 18c.
BpTTERFAT No. 1 Portland delirery. 24e.
BUTTEK Nominal. Willamette Tallev
creamery cubes, selling price, 21c: state print's
23e24c; rauch butter, 16017c; city creamery,
cafe; lots, 25c; lesi than case lots, Vic lb.
extra.
LIVE POULTRY Hens, Plymouth Rock,
J6c;l ordinary' chicken, 15c; broilers, 1
to 2 lbs., 20225c; turkeys, 18c; dressed. 22
6f24c; pigeons, $1.001.5; squabs ) dozea:
geese, fire. 8q,9c: Pckin ducks, 1314c.
C HE ES 11 Fresh Oregon fancy full cream
twins and tripleta, 16c; Young America, 16'A
417c; sturape flats, 14VjC
I Fruit and Vegetables.
FRESH FRUIT Oranges, navel, $2.002.SO;
tangerines, 1.25; bananas, 4c lb.; lemons,
ta.2iki44.50; limes, $1.00 per HX); grape fruit,
-.5t&4.ttO per case; pineapples, 7c lb.: pears,
S4.50; strawberries, Zxtuisina, S3. 50 per crate;
I. os j Angeles, S1.751.S5 per crate; Florin,
$J.23j33.yO per crate.
APPLES Local, 70cS1.5O box, according
to quality.
OSIONS Local. No. 1, 1.101.15; associa
tion f selling price,. No. 1, 75c f. o b. country
poiut; garlic, 17c.
POTATOES Selling irlce: Extra choice ta
ble stock, 1.50L75 per cental; new CaUfor
nia,f ft VjfrjSc per lb.; sweets, $3.25.
VEGETABLES Turnips, S1.251.50; beets.
75 dozen bunches: carrots, new. 7s- rinen
ll'un'Tbes; parsnips, fl.0O4il.25 sack; cabbage.
r2MELS(S3.5o cental; head lettuce, S2.50 crate;
is'wu uuiuuk, ioc uozeo ouncnes; peppers
bell.) 2630c; head lettuce, 2.50 per crate
celery, crate, S4.505.Ob: rhubarb, lH2c lb."
cauiifldwer, local, 40o&$l.Lo dozen; French
nrtichokes, 65c75c doasen; string beans, 30c;
cranberries, eastern, Ut4l2 barrel; peas, 15
(ftl6c lb.; asparagus, local. 75c3$1.25 doaen;
radishes, 20c per dozen bunches.
Meats. Fish and Provisions.
DRESSEO MEATS Selling price Country
killed: Fancy hogs, 10c; rough and heavy,
8Wf.;,-fancy reals, llllc; ordinary, 8
l()c;jik)or, ti(g,7c; goats, 3(ti4c; spring lambs.
liVStt'lb.
HAMS. BACON. ETC. Hams. lfitf1T-
brenktast bacon, 176J 27c; boiled hams, 27c;
picnics, HVic; cottage, TuU, 13c.
OYSTERS Olympia. per gallon, $3.50;
cnunbd eastern, 55c can.; $6.50 doaen; eastern
in shell, S1.85 per 100; razor clams, S2.50 box;
eastern oysters, per gallon, solid pack, $3.00.
FISH Dressed flounders. 7c; steelhead sal
mon i t ); Royal Chinook 15c; perch, 6SJ
8c; lobsters, 25c lb.; silvtr smelt, 8c; salmon
trout, 18c lb.; halibut, 7H&9c; Columbia
river" smelt, 6065c box.
LARD Tierces, kettle rvndered, 13c: stand
ard, i 12c.
C'BAIiS Large $1.75; n,edlum $1.25 doaen.
1 Hops, Wool- and Hides.
HOPS Buying price, choice. 12c; prime," 11c;
medium to prime. 10-Mc; medium, 10c; 1915
contracts, lzc.
WOOL Nominal, 1915 clip: Willamette val
ley, Coarse Cotswold, 24c; medium Shropshire,
25c ;' choice, fancy lots, 26c; eastern Oregon.
20to25c.
HIDES Salted hides (25 lbs. and up), 13c;
salted stags (50 lbs. and up), 9;c; salted
kip (15 lbs. to 25 lbs.). 13c; sclted calf (up
to 13 lbs.). 17c; green hides (25 lbs. and up),
12c; green stags (50 lbs. i.nd up), 8c; green
kip (15 lbs. to 25 lbs.), 13Vic; green calf (up
to 15 Ilw.),' lie; dry flint bides, 24c: dry
flint calf (up to 7 lbs), 2tfc; dry salt' hides,
18c; dry horsehides, each. 60c to SI; horse
hair, 25c; salt horsehides, each, S2.50 to
aj.0O'; dry long wool pelts, 15c ; dry short
wool; pelts, 13c; dry sbeep shearlings, each,
10c; salted sheep shearlings, each, 15c to 25c..
TALLOW No. 1, 4',4&494c; No. 2, 4a4ic;
grease, H4c.
MOHAIR 1915 S1H.
CH1TT1M OR CASCARA BARK Buying
pricej car lot3. 4Hc; less than car lots, 4c.
TJ. S. Government Bonds.
Stock Market Has
Steady Close After
A Strong Opening
New York, April 21. (I. N. SO The
market closed very steady. Leadins
issues were fractionally lower. Profit
taking caused the ellght decline. Many
ions stocks were uncovered during tbe
day. Utah copper touched 70 at nooa.
It closed at 68. Reading was 1
down at the finish, and Union Pacific
closed with a decline of . Amalga
mated Copper closed strong at 78".
The market opened strong today. Fol
lowing the opening considerable activ
ity developed in the copper shares and
Amalgamated. Chino and Utah Copper
soared to new high levels for the pres
ent upward movement. The increased
price of the metal caused, the activity
and strength. j
Bethlehem Steel was an active issue
The stock Jumped to 160 early in tha
trading after opening at 146. It closed
last night at 143. Steel common
was steady at 58. Aineti
can Locomotive opened higher at 54
and sold up 2 points in the first hour.
Amalgamated Copper touched 79v Chino
46 and Utah Copper 69.
Interbnrouch ntnnka ro. v,rv,
in good demand. There was evidence
of profit taking In the rails, but the
industrial list was not affected.
American Can was up early in the
day, selling at 38. In the rails, Koci
Island was weak. Reading held steady.
Union Pacific WAS trnn r on ' j o
dian Pacific was firm.
MILLSTUFFS HERE;
BUYS WHEAT STOCKS
South Is Again Purchaser in This
Market and Cash Trade Gener
ally is Reported Steady No
Flour Business i to Brag About.
WHEAT CAEGOES LOWER. t
Loudon, April 21. Wlieat cargoes on pass
age 14t4d lower.
NORTHWEST GltAlN EECEIPTS.
-Cars-
Portland, today . 8
Vear ago 17
Season to date. 15672
Wheat .Barley . Flour. Oata. Hay
.15134
31
date. 8707
o447
51
15
3397
37a
6
1865
2360
1
2
531
717
!' 4
1049
1022
4
4
1779
2473
3
4
1881
1527
3
8
2043
1861
682
424
2
8
1103
1162
2
8
1876
2451
9.
4
2934
2229
39
10
5180
4618
SMALL RUN WITH A
GOOD DEMAND HERE;
HOGS HITTING P5
Values Are Hardened a Fraction
at North Portland . AVith
Supply Available Killers
Eager Bidders Today,
Small
lAre
PORTLAND LIVESTOCK BUS
Hoars. Cattle. CsItm!. Sheep.
RAILROADS
REPORT
INCREASED
EARNINGS
I-
GENERAL BUSINESS NEWS
DURING FEBRUARY
Ranee of Niw ynrt nriAao
by Overbeck & Cooke Co., 216-217 Board
"i iraue puiiaing:
INSCRIPTION
bonds: Bid. Ask.
Twos registered 984 99
clot coupon 98 ...
Threes registered 101
do. coupon 101
Fours registered 109 110
do. coupon 110 ...
Twos Panama ! 98 ...
Twos 1938 98
Foreign Exchange Rates.
Merchants National bank quotes' for
eign exchange:
Xondon Sterling, $4.82.
Benin Marks, 21.17.
Paris Francs, 19.42.
Hongkong Currency, 44.55.
Vienna 15.86.
Athens 19.46.
finatila Hoii-v r.-rj .......
Seattle, Wash.. April 21. (C. P.)
Butter Native Washington creamery
brick, 25c; do solid packs. 24cw
Cheese Oregon triplets. 16V4c; Wis
consin twins, 17c; do triplets, 17c;
Washington twins, 16c; Young Amer
ica, 18c.
Eggs Select ranch, 22c.
I
- San Francisco Dairy Produce.
San Francisco, Cal.. April 21. U.
P.) -Butter Extras, 23c; prime firsts
22c; i firsts, 22c
Eggs Extras, 22c; pullets, 19c.
Cheese California fancy, 11c; firsts,
10e; seconds, 8c. ,
San Francisco Potato Market.
San Francisco, Cal., April 21. (U.
P.) Potatoes, per cental, Salinas, $1.51
8S1.75; river. $1-00 : 1.26.
j ' .
New York Sugar and Coffee.
New York, April 21. Sugar, centrifu
gal. 4.77; molasses inactive.
Coffee, New York No. 7 Rio, 74c;
No. 4 Santos, 10c.
"' I ' i
Los Angeles Dairy" Products.
Los Angeles, Cal.. April 21. (P. N.
B.) Eggs, 22c, per case count
Butter Freeh, extras, 22c, Jobbers'
prices. j
Amalgamated Cm. v
American Car & rdv
American tn. nf
American Cotton nil n
auiencnn juoco., e....
American Sugar, c. . . .
American Smelt, c....
American Smelt, pf....
am. ifi. v il
Anaconda Mlnina- - Co. .
Atchison, c .....
Atchison, pf
Baiumore c Ohio, c.
Beet Sugar
Bethlehem Steel, c
Brooklyn R. T.
Canadian Pacific, c. . .
Central Leather, c....
uentral Leather, pf . . . .
Chi. & G. W., c
Chi. & G. W., pf
Chi., M. & St. P
Chi. & N. W., c
Chino Copper
Chesapeake & Ohio....
Colorado F. & I ., c . , . .
Consolidated Gas
Corn Products, c
Corn Products, pf.....
Denrer & R. G., c. . . .
Denver & R. J., pf....
Erie, c
Krie, 2d pf , ...
Erie, 1st pf.
General Electric
G. Northern, ore lands
G. Northern, pf.......
Ice Securities
Illinois Central. s
Int. Harvester
Int. Metropolitan, c. . . .
Int. Metropolitan, pf..
Lehigh Valley
Kansas City Southern.
Goodrich
Loute-rille & NashS . . .
M., 4C. Si, T., e
do preferred
Mo. Pacific
National Lead
Nevada Consolidated ..
New Haven
N. Y. Central
N. Y., O. & W
Norfolk & West., c.
North American
Northern Pacific, c. . .
Pacific Mail Steam, Co
fenn. Railway
P. G., L. & C. Co
Pressed Steel Car, c.
do preferred
Ray Cons. Copper. . .
Reading, c .......... .
do 2d pfd
Rep. Iron & Steel, c.
do preferred
Rock Island, c
S. L. & S. F., 2d pfd
Southern Pacific, e
Southern Railway, e.
do preferred
Tenn. Copper
Texas & Pacific
Union Pacific c....
do preferred .
tJ. S. Rubber, c
do preferred
U. S. Steel Co., c
do preferred
Utah Copper
Wabash, c.
do preferred
Western Union Tel. .
Westlnghonae Elec.
Studebaker
78 79 72! 78
54 I 64l 63 I 63
88
61 81 50 50
64 55H 52 52
lit 111 HOW 110
73 75 73 73
105
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Year aeo
Tacoma, lues
Vear ago
Season to
1 ear ago ....
Seattle. Mon..
Year ago .
Season to date
year ago
A better feeling is shown in the
cereal trade. California is asking for
millstuffs. Some purchases of bran
are reported for southern account, and
while no sales of shorts are indicated,
stocks of the latter are. said to be mod
erate here. Prices are now quite well
maintained.
California' is also a buyer of wheat
for milling purposes, although busi
ness is not brisk. Prices in this line
are quite well maintained, for cash
stuff. .
Oats and barley show a similar
trend.
Flour market continues extremely
limited. Millers report that prises' are
generally maintained, there being not
enough business available at this time
to fight about.
Grain bag market is erratic with
some anxiety expressed regarding sup
plies. FLOUR Selling price: Patent, $6.80;
Willamette valley, $6.80; local straight,
$6.30; bakers', $6.80; export. 5.50
6.75. '
HAY New crop, ihiylng price: Wil
lamette valley timothy, fancy, $12.50
513.00: eastern regon-Idaho fancy
timothy, $15.00; alfalfa, $13.00 $13.50 ;
vetch and oats,, $11.00; clover. $8.00
9.00 per ton.
GRAIN SACKS 1915. nominal; No.
1 Calcutta, 64c.
MILLSTUFFS Selling price: Bran,
$25.00; shorts, $27.00.
ROLLED BARLEY Selling price:
$30.00 31.00 per ton.
CORN Whole, il $35.50;- cracked,
$36.50 per ton.
Unexpected heavy: demand folLwheat
appeared on the Portland Merchants
.xcnange today with sales of - 65,000
bushels during the session.
Market for sDot wneat on tne ex
change showed a loss of lc each for
club) and red Russian, 3c for fortyfold
and c for bluestem. Red fife was
unchanged. California was a liberal
buyer.
ea: 40,000 bushels May bluestem,
$1.35; 10,000 bushels June bluestem,
$1.36, and 5000 bushels June club at
$1.30.
bpot oats bids on the exchange were
ouc a ton lower wltn no sales ana
similar loss and condition was shown
for barley. Millstuff bids were un
changed.
Merchants Exchange spot prices:
WHEAT.
Wed. Tues. Mon.
Bid. Ask. Bid
Wednesday 192 n
Tuesday 55
Monday 1044 803
Saturday ....!,, 52
Maay 140 17
63 25
131 6f
511 163
84 15
127 383
83 27
Thursday
Wreek ago
Year ago
Two years ago. .
Three years ago
Four years ago
m
19?
IE
"si
ll li
4f
3
Bluestem
Fortyfold
Club
Red Fife .
Red Russian
. .$1.33
.. 1.2S
1.28
1.25
1.22
$1.34
1.32
1.30
1.28
1.26
$1.34
1.S1
1.29
1.25
1.23
$33.60
23.50
24.00
24.50
OATS.
Feed $33.00 $34.00
BARLEY.
Feed 25.00 26.25
MILLSTUFFS.
Bran 24.00 25.00
Shorts 24.50 26.00
Futures were quoted:
WHEAT.
Bid.
May bluestem $1.34
June bluestem 1.35
May fortyfold 1.29
June fortyfold 1.30
May club . 1.28
June club 1.29
May red Fife 1.26
June red Fife" 1.27
May red Russian 1.22
June red Russian 1.25
OATS.
May a $33.00
June . . 33.00
BARLEY.
May 25.00
June 24.00
BRAN.
May J 24.00
June 24.50
SHORTS.
Msy , 24.50
June -. 25.00
$1.34
1.81
1.29
1 .25
1-22
$33.50
25.50
23.50
24.00
Ask.
$1.35
1.36
1.32
1.34
1.30
1.31
1 .30
1.32
t-26
1.27
$34.00
34.50
26.25
27.0U
25.00
25.50
26.00
27.00
AMERICAN LIVESTOCK PRICES
Chicago Hogs, $7.83.
Chicago, April 21. (I. N. S.) Hogs
Receipts 25,000; market steady to
5c lower. Bulk. $7.507.70; lights.
$7.45f7.85; mixed, $7.357.75; heavy,
$7.007.65; rough, $7.007.20.
Cattle Receipts 16.000; market 10c
lower than Monday's average. Beeves,
$6.158.55; Texas steers. $5.606.80;
western steers. $5.657.50; cows arid
heifers. $3.008.20; calves, $5.75
8.50.
Sheep Receipts, 17,000; market 5c
to 10c lower. Native, $7.508.40;
western, $7.608.5&; yearlings, $8.30
9.75; lambs, native. $8.4010.60.
1 $
St. Louis Hogs, $7.80.
St. Louis, Mo.. April 21. Hogs
Receipts 7000; market lower. Pigs and
lights, $6.00 7.80; mixed and butchers.
$7.657.80; good heavy. $7.607.75.
Cattle-Receipts 2000; inarket steady.
Native beef steers. $7.00 9.00; cows
and heifers. $5.50 08.25; stockers and
feeders. $5.75 7.25;- southern steers,
$5.257.75; cows and? heifers, $4.00
6.00; native calves, $6.00 9.50.
Sheep Receipts 1000; market steady.
Ewes. $6.508.25; lambs, $9.60 10.65;
sheared lambs, $8.7d9.10; yearlings,
Hog market values hardened Slightly
at North Portland today anJ early
sales were made as high as $7185: for
extreme tops. While there wasjonly a
very limited run in the yarda pver
night, demand was brisk and tlie sup
ply was quickly disposed of full
value. J
At Chicago there was frafctional
weakness in the swine situation for
the day, sales being made a! nickel
lower generally. Tops $7.80.
Kansas City hog market was gen
erally considered steady at $7.6p.
General hog market range: i
Best light $7.7p7.85
Medium light 7.60 7.65
Good to heavy 7.35 7.50
Rough and heavy . . 7.0p7.25
Cattle Situation Steady.;
Steadiness is showing in the' cattle
trade with only a small run reported
pver night. While there Is no fight
being made for the limited offerings in
this division of the North Portland
market, the trend of the trade is con
sidered favorable, especially for select
quality. j
At Chicago weakness developed in
the cattle market today and values
were off a dime. I
Kansas City cattle market was gen
erally steady today. j
General cattle market range: I
f,elect steers $7.50 0.7.60
Best hay fed steers 7.25 7.35
Good to choice 7 00715
Ordinary to fair 6;606j75
cl vuws 6.006.25
Good to prime 7.75 6.00
Ordinary 4.04) 5.50
feelect calves i snos nn
tancy bulls 6.50 6.0.)
ordinary 4.005.00
Mutton Snpply Small. j
PtV to and ,lamb suPPly at North
Portland was limited today consider
ing the lacK of offerings yesterday 1ji
general the situation is considered
steady with no visible change either
in the market or valupn. Wit-h
a small supply killers are not expected
uuvoii values ana no special
change is anticipated until offerings
become more numerous.
- At Chicago there was a weaker ton
in the sheep trade with values 10c to
2oc lower. .
General m n tf fin mnrlrat n n nr .
Spring lambs $9.00
"-nam iea tsnorn iambs ....
Best shorn wethers
rsesi snorn ewes
i Wni- ltoc,ls generally quoted at
$1.00 higher than shorn. t
Todays xavestock Snippers. -
WalhTloa CrOW' GWendale,
iiL?-S" l: TjOWe Moore, Idaho, 1
load; E. M. Martlnell, Dell, Mont. 3
loads.
Sheep A. H, Boyes, Broadacres, 1
load. i
Mixed stuff C. H. Farmer, McCoy
l load hogs and sheep; F. B. Decker,
bilverton. 1 load hogs and sheep; J D.
Dinsmore, West Scio, 2 loads hogs and
sheep.
Wednesday Horning; Balea.
COWS
No. Ave. lbs
Baying KoxM jXads Goods.
The Eugene Commercial club is car
rying the slogan, "patroniza home Industry,'-
to a point where- practical
benefits are "beginning to be derived.
The question if buying made-at-home
, '. . .i brooms was taken up with zeal. A com-
. , ' mittee. consisting of ' S Dike Hooper,
COmpariSOn IS DraWn With Kay Goodrich nd W. F. OUtrap made
rt.,' r r m a careful canvass of the section of the
DUSineSS Of Corresponding Eugene distrlvt and. met personally
Mnnth I cjo Voar .merchants wb deal In brooms. All
IVlUIIlfj Ldol loali I but two of the dealers visited gave
i j ! hearty support to the movement and
; T .it is expected .that the remaining two
Reports made to the Interstate Com- will fall Into line. The plans of the
merce commission by 165 American commercial club had evidently been an
rallways on the business done durln-J tlcipated by some of the more aggres
the month Of February show graphl- . whf,llr. nrl hfori. th local
cally a gradual increase of traffic and "V if W.ft esle,r? a1d . .torex.
a corresponding Increase in net earn- committee could get Into action some
ings. Reports for previous months or the stores had already purchased
showed a great number of minus signs, a considerably quantity of brooms at
indicative of decreases from last 1'ear. nnecial nrlri t U aulrl Th Rn
7 The report just published, however, broom factoRi is said to be able to
S lrtlfeeWnef eirgoTpaffin.6""" , nnf actur? Bood Allty of brooms.
kqU Th-ls, indicates that the railroads as Brew Ziumber Orders SeeelTed.
?? whole am mo than breakine even! . j .. .. .
with February. 1914. The increases aer lumner companies are leeung
shown are not large, for the most part, l,ie eriects or a aisunct revival or
though some range as high as $760,- business. The Oregon Lumber company
000. as for example, the New Haven. I is operating Its mill and giving em-
ine u-w. ti. & JN. s gain over epru- pioyment to a considerable number of
454 ,
111
616
?JZh i91" Zf i1783- i58 Piworkmen. Large orders are coming In
krlhlrn th prospects are bright for a con-
The Southern Pacific gained $371,849. tinuance of the good times. It is x
The Great Northern gained $725,454. ipected that. the mill will be kept run
in the report on the year's business, Ining full tlmej for; some time to come,
however, the minus signs appear with Frank Gardinier, manager of the Baker
far greater frequency. This also indi- White Pine Uumber company, said:
cates that the business handled by th w . i th ordr
road3 of late months has been heavier !K,,e. ftav,e a ,1 . ?,, f can rill,
than for the months earlier. Ibut how ,on8 tsuls will continue we can-
The O-W. R. & N.'s operating reve- tnot tell. The present Is very encourag
nues for February totaled $1,482,435. ; ing, however, land the prospects are
Operating expenses were $i 52.382. Tax quite in contrast with the gloomy con-
ago.
accruals ror the montn totaiea jjjo,- ditions
' niaaing a net operating income oi
JZZ"J,876.
The Southern Pacific's operating
revenues were $6,966,342 and operating
expenses were $4,659,371. The ac
cruals of $375,080 made the operating
xncome si,9Z6,354
that
prevailed some weeks
Auto Trade Good In TTmatillA.
Umatilla county is taking a promi
nent place among the counties of Ore
gon in the matter of automobile sales.
The Northern Pacific took in from iThls vear hasi atarted off with ln-
passengers" and shippers $4,125,978 and greased business for tbe dealers, the
im'h!;-J??- ZSnfftL Prosperity of tjhe residents of that sec
comVfo $136' 71-wn the operating In- tJon mateyHal ,nfluenclng buying con.
The S., P. & 8. derived $274,726 from Ijditions. It is estimated that at the
operating sources during the month present time tjjiere are 1000 cars in the
and spent $180,106. lax accruals of (county and th total value of the ma
$53,400 make the operating Income i chines Is nlaced at $1,000,000.
Salmon ; Creek,! Washington.
Loggers of tjhe Salmon creek district
?9.25
8.00
7.00
5.50
Section.
Oregon
Oregon . . . .
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon ......
Oregon
Oregon
Oregon
Oregon
Oregon '
Oregon
Oregon
Oregon
Oregon ......
Oregon ......
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
uregon
V
HEIFERS
1
CALVES
1
HOGS
3
72
15
:
20
1
38
1
27
., 3
2
1
10
19
2
2
LAMBS
11
103
2
10
14
15
32
EWES
13
38
Oregon 1
090
300
230
14fl
170
2i Vt
173
227
170
162
150
149
2!0
280
280
115
71
430
S35
62
50
110
49
84
02
66
17f
133
190
Price.
$6.33
' $3.00
$7.00
$7.85
' 7.85
7.HS
7.85
7.80
7.80
7.80
7. SO
7.80
$41,149
The Great Northern received $3,914,
717 during the month in operative
revenues, and expenses were $2,468,
262. Taxes amounting to $345,690 had
accrued, leaving the operating income
$1,100,321.
Purchase Completed
By , the Jones Store
Stock and Good VM1, Etc.. of Sloe te
Ffcelan Zirm Taken Over; to Bedeem
Outstanding Scrip.
Jones Cash Store has completed it.-
purchase of the' stock, good will and
other a.ssets of the Rice & Phelan com
pany at Front and Oak streets, and. H.
J. Ottenhelmer, manager of the Jones
company, announced today that the
business would be conducted under the
same name as before.
In connection with tills, Mr. Otten
heimer stated i that all the customers'
scrip Issued by Rice & Phelan and now
outstanding will be redeemed under
the same terms as If Rice & Phelan
had never entered difficulties with
creditors. Thousands of dollars worth
of this scrip Is now held by farmers
throughout Oregon; Washington. Idaho
and Montana.
"The credit of the Jones Cash Store trip,
I L. J JU Tl J . . T V. 1 I, J ! .i ,
10 uuw ueiuiiu xviv:3 iv r ucxbh, isam
Mr. Ottenhelmer. "We have re
financed the concern and are install
ing an entire : new stock. All orders
that had been held up during the
period of negotiation with creditors
are now being filled and the concern
will be a 'going one from now on."
are elated over the fact that recent
rains enabled them to get out a Jarfc-e
number of their logs which had'been
wBting for the freshet. THe creeks
and. rivers of that section of Washing
ton all felt the benefits of the down
pour. The rise in Lewis river floated
about 3.000,000 feet of sawlogs to the '
boo ma at tbe mouth of the river.
Black Band Samples Takenu i
More than two tons of sample gold
bearing: black sand have been taken
recently from South Inlet district, by
J. C. Moulton, representing a Sail
Francisco company, says a Marshfleld
report. The samples were taken from
the Mattl&ws and Isaacs ranch on prop
erty opened' by John R. Smith last
year. The San Francisco firm has
arranged to drill the district thor
oughly before starting mining opera-tlonsi-
'.
Xiocal Firm Crete contract.
Contract for the construction of a
dyke In the Palis rivec- section of
Willapa tlarbor, Wash., has been let
to the Cowlits River Bridge company
of this city. It ia proposed to re
claim 1700 acres of fertilo" lands.
The contract price was $60,000.
Government Asks Bids.
Sealed bids will be received at the
treasury department, U. S. Coast .
Guard. Washington, D. C, until 2 p m.
Wednesday, May 10, for construction
of Goast Guard station, Jetty, etc., at
Coos Bay, Or. See classification No.
26 of today's Journal. . 4
Tenders Are Requested.
Tenders are being called by the
lighthouse department for the trans
portation and delivery of 65.000 feet of
lumber and 26 tons of freight from
Ketchikan to Cape St. ICllaii. See
government announcement in classifi
cation 26 today's Journal.
Owners Are Warned.
The United States customs depart
ment has seized two trunks, three suit
cases, 2 handbags, comforters, ciga
rettes and chaira which must e
claimed before April 25. See govern
ment advertisement under clasKiflea
tlon 26 of today's Journal.
Government Asks Bids.
The lighthouse inspector' at , Ban
Francisco is calling for tenders for the
furnishing of coal, lumber, gasoline
, J ,111..,. Y . B .1. . 1 . . I ..
anu uiHiuiaie. rur luruier pai m umn
see government advertisement under
classification 26 of today's Journal.
PLENTY OF MONEY
ON CALL OFFERED IN
EAST
AT THIS TIME
Money for Development Not
Forthcoming at Present
Says Guy W, Talhot.
Jitneys Cause Drop
In Utility Securities
Plenty of niioney on call," but little
money for development was the finan
cial situation Encountered In New York
by Guy W. Talbot, president of the Pa
cific Power &i ' Light company andof
the Portland I Gas & Coke company,
who has Just returned from an eastern
I founoVihat investors are waiting
to see what happens to the money
they alreadylhave tied up -In public
utilities," saidMr. Talbot, -before they
undertake to irisk anything more. I
prophesy thatlittle public utility de
velopment will take place this year in
j any city of the country not Portland
I alone. Only such Improvements as
are required by'xranchise or for main
taining properties-already existing will
be made. There will be no new trans-
mission lines, except where large con
tracts for supplying power make such
lnventmentH iustified. There will be
no extension Of trackage or other im
provement. ......
"But I am Hiot pessimistic. I think
I realize the attitude of the investor.
There is-no scarcity of money at all,
but the money! Is being held with the
Paclfio Gas & Electric One of Few
Unaffected. Owing1 to Fact Its Trac
tion Business Small.
1iihlln ntllHv Hooiii-ltioa hgva fnllefl : nrnanwl nf hfllW loans to KurODe SS
off from 6 to 17 points since the first soon as the reconstruction process be-
of the year, according to recent com- gins. Investors are, therefore, letting
pilations, due to the competition of the out their money on the call basis with
jitney bus. Among the few utilities the intention 6f taking it in as soon
unaffected Dy tnis competition la tne as r.urope oeyins sssins iui uk,""'
7.H5 Pacific Gag & Electric company of
7.J0 California. That it has been immune
is because its traction business ac-
" Vn counts for but a small percentage of
ess lts total earnings, which come princi
aioo Psliv from supplying electricity, gas
i unci wa-ier,
Investors realize that European loans
will be mighty good investments,
backed as theyi. undoubtedly will be by
the government's credit. With good
interest rates on long term investments
they see no good reason ror tying uy
their money iiii this country at rates
$9.00 '
earnings ror me maren ai quarter, ""."Ti,
lust announced, show a gross of $4.- "Some ol im law """rr1
g-gg f 49 327ra" gain '"$406,751 over the Is bound to find it. way into good , do-?-w
. i j -t n 1 , t u v. i moat in investments, lliougn it may oe
V.
8.009.10; sheared , yearlings. $7.00
7o.
Total sales. 1.046.800.
Alaska, 31 31.i 37. 39. 394.
NORTHWEST BANK STATEMENT
Clearings
Monday . . .
Tuesday . . .
Wednesday
Clearings
Balances
Clearings
Balances .
Clearings
Balances
Clearings
Clearings
Balances
Portland Banks.
This week,
$2,107,471.99
...... 2.369.130.62
1.65S.S71.64
Tear ago.
$1,857,657.80
3,055,380.40
2,029,996.52
Tacoma Banks.
.$ 308,581.00
67.073.00
.$1,683,328.00
. 193,116.00
' Los Angeles Banks.
. .$4,259,123.33
Baa Francisco Banks.
.$3,033,828.63
Seattle Banks.
.... .$1,683,323.87
193,113. 68
New York Cotton Market.
Open. High. Low. Close.
..1092 1095 1084 1085
January . .
March
May
July .....
October . ,
December
.1113
.1016
1042
. .1075
..1082
1114
1022
1047
1078
1093
1102
1012
1035
1063
1082
1103
1013
103
1066
1083
Kansas City CatUe-Steady.
Kansas City. Mo., 'April 21. (P. N.
S.) Hogs Receipts, 7000; market
steady. Bulk, $7.407.55; heavy. $7.40
7.50; packers and butchers, $7.40
7.55; light, $7.40 0; pigs, $6.75
7.40.
Cattle Receipts, 4500; market
steady. Prime fed steers, $8.0&8.65;
dressed beef steers, $7.25 8.00; west
ern steers. $6.75 8.00; stockers and
feeders. $6.508.70; bulls. $5.256.25;
calves. $6.00 g 8.50.
, Sheep Receipts, -5000; market low
er. Lambs, $8.7510.00; yearlings,
$7.509.50; wethers, $7.008.75; ewes.
$6.75 8.50.
Omaha Sheep Steady.
South Omaha. Neb.. April 21. Hogs
Receipts, 9600; market lower.
Heavy. $7.307.40; light. $7.3597.45:
pigs. $6.507.25; bulk, $7.307.40.
Cattle Receipts, 6300; market
steady. Native steers, $7.00 8.40;
cows and heifers, $5.507.50; western
steers, $6.507.80; Texas. steers. $6.0t
37.30; cows and heifers, $5.2537.00:
calves, $8.00010.00.
Sheep Receipts, 6700; market
r.teady. Yearlings, $8.50 9.25; weth
ers. $7.75 8.50; lambs, $10.0010.75.
Denver Hogs, $7.65.
Denver, Colo.. April 21. Cattle Re
ceipts, 400; market, firm. Steers, $6 SO
7.65; cows and heifers, $5.0006.50:
calves. $S.0011.00.
Hogs Receipts, 400; market, higher.
Top, $7.65; bulk, $7.507.2.
Sheep None. Market, steady.
Lake Copper Higher.
Boston, April 21. Lake copper sales
are reported at 20c.
Various Wheat Markets.
Liverpool Wheat closed unchanged
Paris Wheat closed c higher
Minneapolis Wheat closed. May
$1.55; July, $1.61. Y'
WinniDee Wheat ilnci -vr
$1.59; July, $1.58. '
Ju?y"1U$h56 closed- May- l-59;
Kansas City Wheat closed, May.
$1.53; July. $1.28.
San Francisco, Grain Market.
San, Francisco, April 21. Barley
calls:
April 21 April 20
Open. Close. Close.
May 131B 132A I32B
Dec. 137 137 137B
Spot quotations nominal Wheat
Walla Walla, $2.27 02.30; Red Rus
sian, $2.252.27; Turkey red, $2.30
2.32; bluestem, $2.352.40.
Feed Barley. $1.32 1.35; whits
oats, $1.80 1.82; bran, $26.50 27.50;
middlings, $3233; shorts, $2728.
t'ok '. same period
7.25 ! was running at an annual rate $1,000,-
7.25 i 000 better than last year.
7.00 j - 1
23 Public Utility Go.
Earnings Increase
NEW SUITS FILED
Carrie Elwert Alexander, wife i -of
Temple Alexander, now of San Fran
cisco, yesterday sued her brother,! Dr.
Charles P. Elwert, of New York, ask
ing that the court partition a 55x100
foot tract at West Park and Yamhill
streets and reform a deed to . another
downtown lot which she alleges should
be owned by each in undivided half
Interests and not entirely by Dr.! El
wert. The suits are the result of set
tlement of the estate of the mother
of the contestants.
- Alleging thai changes in the plan of
Improving Willamette boulevard dam-r
aged a lot in Willamette Boulevard
Acres in which she owns a half inter
est, Dr. Esther Pohl Lovejoy this morn
ing sued the city and City Treasurer
Adams to restrain collection of assess
ments against the property. Dr. Love
joy alleges that she and Martha
Timms, owner of the other half of
the property, protested without i avail.
She asserts that the changes leave her
without room for a sidewalk or park
ing except as she uses a portion of the
lot Itself.
i Joe Zizich this morning sued the
Salem, Falls City & Western Railroad
company for $6640 damages as the re
sult of injuries received when a train
of cars running wild struck a car on
which Jio was working. The accident
occurred January 8, 181.
February reports of the American
Power & Light company, giving com
bined earnings of the Pacific Power &
Light company, Portland Gas & Coke
company, Kansas Gas & Coke com
pany and Southwestern Power & Light
company's, subsidiaries, show gains
over last year both in gross and net.
some months before this happens.'
Public School Bonds
Bring 5 Per Cent
PORTLAND MAN BUYS
INTEREST IN BANK
r ''f J"'- '' ' '
;
m I-
IK- 'xi
W, . J
Sidney C. Catching.
After an. association of 17 years
with the Merchants National bank of
Portland, the last few yfars as as
sistant cashier, Sidney C. Catching has
purchased a substantial interest in a
Washington County bank ami will take
charge as prellent May L This is the
Hank of Sherwood of Sherwood, Or...aii
instltutlon of $14,000 capitalization,
with deposits In excess of $75,000.
Mr. Catching believes Sherwood has
a future becauHe of the rapid develop
ment of the farming community ad.-Jai-eht.
Garden produce and onions
nave made Sherwood famous through
out the Willamette valley. -
Mr. Catching In an Oregon boy. 'He
was born at Forewt Orove. H6 came
to Portland as a young man and 1ms
been here for 31 years, 14 years in the
insurance bunlness and 17 years with
the Merchants National bank.
FINANCIAL NOTES
A new loan; (negotiated through the
sale of $850.0,00: 5 per cent gold coupon
bonds ia betrgj floated for the public
school district of Edmonton. Alta. As
a guaranteed the, pwvinc lal govern-,
merit of Alberta is behind the bonds,
each of which Js countersigned by the
minister of education. Most of tho
issue has already been sold in New
X " m v.,1, Tnrnntn I ana uonaon, rx.
tiross earnings oi inese cumpumes ; " . 'tJ.j, vnrt tnnlr ,in thn
for February. 1915. were $585,650. a Nickerson of New York took up the
gain of $37,458 over 1914. Expenses ! issue.
and taxation totaled 8317,249, an in
crease, of $20,454. The net was $268,
401, an increase of $17,004. The year's
net was $3,176,467, an increase of
$414,420.
New Bank Is Open
At Seward, Alaska
One of the signs of activity follow
ing announcement of the route of the
Alaska railroad is the opening of the
new Harriman National bank at
Seward, which was scheduled to begin
operations today.
The Harriman National bank of New
York la nnnnanr for the new institu
tion which is the first-of the Alaskan
banks to become a member of the fed
eral rnurva hank. The Darent bank.
of which J, W. Harriman is president,
has deposits aggregating $21,000,000.
Deposits at the date of charter, March
20, 1911. were $4.10M00. the gain in
four years being 400 per cent.
J. II. Sears, a director of the Alaska
bank, and S. B. Congdon. assistant
cashier, have started from Seattle for
Seward to look after the new venture.
Seattle Potato Market.
Rattle Wash.. April 21. Onioni
Oregon. $1.25ai.50; Yakima. 75cSi$l.
Potatoes White River. $2628:
Burbanks. $2730; Early Ohio. $45:
Yakima Gems. $3437; Idaho and
Montana. $25028. -
W J. Dodsou, who will retire as
president of the Bank of Sherwood on
May 1. will retljre from active-business
life and devote his attention to his
farm and otherj property interests, re
taining, however, his stock In the bank.
Among the Out of town bankers
visiting Portland today are Oeorge A.
JnnAR or Bend and Asahel Bush of
Salem. j
H. Hirschberg. banker and capitalist
of Independence, who has been ill with
typhoid fever at the Good Samaritan
hospital, has recovered sufficiently to
be taken frftm the hospital to the Ore
gon hotel. Mr. Hirschberg will remain
at the Oregon Sunder the care of his
physicians until he becomes strong
enough to return to his home. ,
T 4 1. ii in
The Merchants National hank will
not appoint a successor to Sidney C.
Catching, assistant cashier, who has
resigned to become president of the
Bank of Sherwood at Sherwood. Or., an
apportioned among other officials of
the bank. !
Lapwai, Idaho, Has
Good floads Spirit
The good roads movement has struck
Lapwai, ldahi, to such an extent that
a $500,000 county bond issue in being
agitated for the development of trunk
highways through the furm belt. A
meeting of farmers and bunlneM men
was -held at Lapwai recently to dis
cuss, the issue snd plans were made
for a general mass meeting later no.
Delegations of road boosters from Lw-
iston attended and toia or tnn nenonn
their section
Improved
brought.
roads . in
had
Investigate the
different kinds
of street paving
and you'll de
mand O
BITULITHIC
6
s
Overbeck & Cooke Co.
Stocks, Bonds. Cotton. Oxsln. Bte.'
aia-317 Board of Trade Bnlldlng.
DIRECT PRIVATE WIRES
TO ALU EXCHANGES
i Members Chicago Board of Trade.
Correspondents of Logan & Bryan.
Chicago. New York,
feg ,
IIP
ESTABLISHED 1859
III !
The Oldest Bank in the Pacific Northwest
cordially invites your account subject to
Check or in its Savings Department, with
the assurance of courteous treatment.
CORNER WASHINGTON AND THIRD