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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 23, 1915)
THE OREGON SUNDAY JOURNAL. ' PORTLAND, 'SUNDAY MORNING, MAY 23, 1915. 11 HIGH FREIGHT RATES FOR SWINE MARKET IS UP : DOWN WITH A EE OF VIEWS Early Market Is Strong and High During the Week, But Later Depression Forces Trade to Lose All of First Gains. f PDKTLAND LIVESTOCK RUN' Week endiuij S"!ay 2a M 13 May - May 1 -April 24 ...... Year ago ..... Two senr ago AND MIXTUf H"K Cattle Calves Sheep MV!l 122 4f 4W jr!M.( ' 1H7 34 67S4 2VM 1217 3H41 D2 i 1$17 24 4306 2214 U 1014 34 2773 44W -1O04 t fil04 34:52 llH 17 7347 2T57 "lMJ HO 3773 Three year ago. 2.157 Hof market firm and then weak by turn Id tbe Nor lb Portland yard during tbe week. Receipts were quite liberal but not withstanding the good wipply showing at tbe tart, tbe market bad an early advance to $S.2a. but later became weak and depressed a: 88.00. , The" weakness 'was cliplayed, toward the cloning of the period wln-u only- bargain hunters Infest tbe yards. Competitive bidding la beat only at tbe atari of tbe week, except rider extraordinary wcuxlons. aler in tbe week tbe bargain hunter are able) to purchase at their own price. V" Cooaiderinj; everything the local market for hoes has shown wonderful strength of late. Price bere have been constantly above tbe level of all the recognized pea stockyard markets In tbe country and buyers seemed anxious to secure supplies at tbe blgb figures. : In some quarters the belief prevails that tbe credent weak a Dell In the rwlne trade Is destined to be of short duration and fur ther advance In tbe,prl-e wilt be forced. (General- hoop market laoee: Bnat light r -"0 Medium llzht 7.0a7.3 Jood to heavy 7.76467.80 tough and heavy .. 7.107.SO Cattle .Harlot Changes. Market " for cattle was llkewt-e erratic. There was Irene th at Uie start of the week which carried pulp fed ateers to S.20, but a later period of weakness brought the price again flat at 8. , - Bun of cattle was below expectations during the week and thin was the- cause of- the early riw. First California graswers came forward dur ing tbe week and considering conditions sold fell at 17.75 for extreme tops. General cattle market range: . flelect steers $ 00 Best bsy fed steers 7.76 Good to choice 7.25(017.85 Ordinary to fair 6.0Ose.75 Best cows .... 6.50 8.75 ftood to prime fl.25rai6.40 Select calves 7.50S-00 Fancy balls J"J . 0-50&tt.0O Ordinary bulls 4.0O4J5.OO Mutton Market Waiting. Mutton market showed much of a waiting attitude at North Portland during the week. Receipts were liberal and killers wens waiting to see what the movement would be before Stork in up. There baa been general anticipa tion of lower prices and this naturally had some effect upon the bidders during the week. General mutton range: . - Spriug lambs $ 8.25 Grain fed ahorn yearlings 7.137.25 Best ahorn wethers 6.2 ttest shorn ewes ... 6.00.".25 Wool stock is generally Quoted at S1.00 tigner man snorn. AMERICA N LIVESTOCK PRICES '4 " Denver Hogs Strang. nenver. Colo., May 22. Cattle 00; steady, rings None; .strong. s tUieep None; steady, ' Chicago Bogs Lower. Chicago. 111.. May -22. 1. N. 8.1 Hon- Rtcelpta, 11.000: slow, 5 -ents under yester day's average. Bulk. $7.Of7.t5: light. 7.40 rfT.VlA: mised, i.40(&7.70: heav. 7.15ftJ 7.65; rough, S7. 157. 30; pigs, SG.OOrf47.o5. Cattle Keceipts, loO; steady. Native beef steers. gtf.0Oft4ft.25; western steers. $8.25i7.fl0 cows and heifers, 3.20&S.70; calves, $0.50(44 9.S5. Sheep Receipts, 2000: steady. Sheep, $7 40 S.GO; lamb!). 7.75ftr 10.10. Omaha Sheep Steady. South Omaha. Neb.. Mav 22 f. V a Hogs Receipts, 12.0O0; lower. Heavy. $7,250 llK'it, f7.304i7.-tO; "pigs, o.507.25; bulk. $7.27 Vj t 7 .32 . Cattle Iteeoints. 100: steady. Native ateei-a J7.50M 9.00; cows and heifers. Stj.UOiM8.10- western steers, .50($8.0O; Texas steers, SH.00 T.4Q; cows aud heifers, i.S0(ai7.30; calves. .8.256(10.25. ' Sheep Receipts, 100: steady. Yearllnra tfO.Utf0."5; wethers. $1jtS(m.23;- lambs, 110.50 St, Louis la-restock Holding. St. Louis, Mo., May 22. I. N. S. 1 Hun Receipts. 3UUU: steady. Plea and liirlit. in ''7.55; mixed and butchers'. 7.5D67.75: Eood Sieavy. f 7 7.(13. Cattle Receipts. 800: steady. Native heef fcteere, $7.60rj9.00; yearlings. steers and heifers, S8.00ftt0.3O; cows, - U.00a7.3O: stork- brs and feeders, $0.Xa8.25; Texas and In iian steets, ' $3.25ii8-50; cows and heifers. i,tow.to; native calves, 90.UOftru.00. . Sheep .Resreipts, none; steady. CltaDwI-miit. Itans, 6.5lK(t7.10; clipped lambs. M.50tit HO- tUpped yearUngs, g7.759.10; spring lamba. Kansas City Cattle Steady. Kansas City, Mo.. May 22. (I. fReceipta, 100O; steady. Bulk of sales? $7.50 f l i.tt; , iieavy, 7.45ii7.oO; packers' and iMitcuers-, 7.60(7.05: light. I7.50fcr7.55? niv.. ko.75M7.25. ' " CatUe Receipts; 200: steadr. ' Prime r.H -steers, $S.73(j.25: dressed beef steers. $8 00 fciS.75; western steers. $7.75448.75: stockera kud feeders. $0.758.40; bulls, 3.50&7.O0 ialves, Jd.OOffilO.OO. Sheep Receipts, 2000; steady. Lambs, ia rn 111.25; yearUngs. $S.OO(a9.J5; wethers. $7.00 Foreign Exchange Rates. Uerchaiita National bank unotaa frpin r-bange; - London Sterling, J 4. 80. Berlin Marks 21.38. Paris Franca 19.05. Vienna 10.10. Athens 19.40. Uongkong Currency, 44,43. . New .. York Cotton Market. Month Open High Low Close anuary ...i.... 1025 10:t0 1015 1015 March ......... 1054 -J050 1043 103S oly ........... 964 90S "950 951 x-tobcr 997 1002 988 nss Uwinbtt ...... 1024 1024 lolO loio X ISew ork Metal Market. New York. May 22. Metals: Copper Lake. 18431c lud $4.17 (S4.22 la. TinQuiet. $32.38. . TRANSPORTATION Coos Bay Line STEAMSHIP BREAKWATER ails from Ainiworth Dock Portland, la. a. rhursday. Freight and Ticket office Atoa Werth TJock. ' fbone ' 1-aia A-g338. City ticket office. 80 bixth st. Fhona hCarahall U00. A-S121. Portlaad Coo Bar a. B. lane. STEAMER GEORGIANA Leaves dally except Mstiday for A8TOSIA AND WAT LAJTDnfOS, Leaving- foot of Washington St, 7 STEAMSHIP Sails Direct For BAJf PBAHCISCO, X.OS Aai!LES MO BAB DXX2QO. bday, ,1:30 P. M., May 23 SAN FRANCISCO. FOSTLANi) 8i IX.OS AWOEI.E3 STAUSHZ7 CO. rSAHX BOZ.ZJLM. Affent. ,24 Tttxa fit. . A-4596. Vkla 88. WOOL SITUATION IS STRONG AFFAIR WITH MILLS NOW BUYING Eastern Interests Forced to Come Into the Market and Growers Are Revising Their Views Again Upward Forecasts Confirmed. tbmt previous forecaets in these columna that the wool market would show strength and probably higher price for tbe Immediate fu ture, were correct, has been confirmed by latest advices from the east and portions of the west. In reviewing the situation the Portland Wool Warehouse company reports: "Telegrams received from our eastern cor respondents denote that wools of all classes are on the upward raise, and while we have predicted this upward raise for the last three months, we wish to predict still further and to say that the advance has not reached tbe limit by any manner of means. Wools that were sold In the conutry a month or so ago stow a decided profit when they have reached tbe eastern markets and the aame wools could be sold today at 2c to 8c a pound advance, and we are receiving letters from the growers that old in which they see where they have made their mistake. "The sales throng hoot Oregon so far have been more or leas a farce and we bave not beard of any. sales of any moment being made in tbe PountrJ as most of the grower are posted on the values of their woola and this year, es pecially, will not accept the prices that are offered by the dealers. The reports that bave been spread that the market is off bas not harmed anybody but the dealers. At the Mountain Home sale, there was no wool sold aa prices were not in line and the growers ere holding for a better price. There was talk of some sales being held at Roosevelt. but .that bas been called off as most of tbe wool baa been snipped to Portland. There bave been some small lota sold to the dealers but they are very few and far between. While the sales In Boston show that most of the wool sold is Australian, It must be taken Into consideration that there is no domestic wool to sell, and It any dealer bad a good snpply of wool on, hand today he could easily get rid of it at good prices. . "Tbe Australian wools are not np to stand ard this year by a great deal, as most of the .wools being offered are defective, weak wools and should not enter into competition with our domestic, and on medium woola, especially, the embargo has been placed on again by Eng land and medium wools are going to reach a high figure in this country. "In tbe valley, aa high aa 29c, and 30c bas been paid for quarter blood, and three-eighths blood, and 27e and 28c is being paid for Cota-woid; and a great many of the farmers are not disposed to sell, even at this price. "The mohair market remains about tbe same ("and the clip is practically dosed for the year. "Below we give prices: KASTERN OREGON WOOLS Grease Scoured bast a Fine ataple 24e to 25e 70c to 72c Fine clothing ........ 22c to3c 68e to 70c Fine medium, ataple. . 26c to 28e 65e to 67e Fine medium, clothing 23c to 24e 62c to 4e U, Blood combing .... 20e to 28c 68c to 72c a, Blood combing .... 2Se to 30c 64c to 66c hi Blood combing .-. . . 26c to 31c 62c to 64c WILLAMETTE VALLEY WOOLS '4 Blood : . . . 32c to 34 62c to 65c Blood , S3c to 85c 64c. to 66c Blood 26c to 28c 68c to 72c "Low wooled lambs, 24c to 28c in grease. Cots wold and similar wools, 2Sc. "Above pricee in accordance with shrink age and general condition delivered eastern seaboard terminals." JOBBING PI OF PORTIiAND "These pricee ere thcW at which wholesalers sell to retailers, except as otherwise stated. They are corrected np to noon each day; Dairy produce. BUTTER Nominal. Willamette valley creamery cubes, selling price, 21c: sate printa 2as24c: ranch butter. lVic: city creamery, case lota. 25c; less than caae lota. c lb. extra. " BUTTERFAT No. 1 Portland delivery. 24c EGGS Nearby freshly gathered, candled, 20c; case count, 19c 1 S LIVE POULTRY Hens. Plymoeth Stock. 13c; ordinary chickens. 12ViJ13ci broilers 1 to 2M lbs.. 22 25c; turkeys, 1820c; dressed. 22Q25c; pigeons, $1.00gl.25; squabs ( ) docen; geese, live. 89c; Pekin ducks, old, 10ailc; young. 25c, CHEESE Fresh Oregon fancy full eream twins and triplets, 14 i (si 15c; Xoung America, 15lSc; storage flats, 14c Fruit and Vegetable. FRESH FRUIT Oranges, navel, $2.603.25; tangerines. $1.25; bananas. 444c lb.; lemons, $3.25(($5.00: limes. $1.00 per 100; grape fruit. 2.rorx4.uO per case; pineapples, 7c lb.; pears. $2.5o; strawberries, local, $1.001.65; Hood River. $1.5O1.80 per crate. APPLES Local, $1.0000 box, according to quality. ONIONS Local No. 1, 75S885c: associa tion selling price. No. 1. 75e f. o. b. country points; new California. $1.50i1.75 crate; gar lic. 17c. POTATOES Selling price: Extra choice ta ble stock, $1.751.85 per cental; new Cali fornia. 4U5c per lb.; sweets, $3.25.' VEGETABLES Turnips, $1.75; beets, $1.73 sack; carrots, new. $2.O0 per suck; parsulps, $1.001.25 sack; cabbage. Los Angeles, $2.50 y;2.75 crate; green oniona 15c dosen bunches; peppers, bell, 2630c; lead lettuce, $2.00 crate; celery, crate, $4-504f5.00; rhubarb, 14 ri2cj cauliflower, local, $1.25 per dosen; French artichokes, 75c per dozen; 'string beans. 10412fec; cranberries, eastern, $9.00 per barrel; pens, l&Ts per lb.; asparagus, local, ttOeS1.25 per dosen; radishes, 20c per dosen bunches. Heats, Fish and Provtatons. DRESSED MEATS Selling price Country killed: Fancy hoga, lO&lOfec; rough and heavy b'rvH'Jc: fancy veals, lOcllc; ordinary. 8c; poor, S6c; goats, 3424c; apring lambs. 13 tfl4c. BAMS, BACON. ETC. Hams, 17H18c; breakfast fcacou, 1728c: boiled hams, 27c; picnics, 12ir cottage, roll. 15c OYSTERS Olympia, per gallon, $3.50; canned eastern, 65c can.; 16.60 dozen; eastern In sheik. $1.85 per 100; rasor clams. $2.50 box: eastern oysters, per gallon, solid pack. $3.00. I FISH Dressed flounders. 7c: steelhead sal mon ( ) ; Royal Chinook, 12c; perch, 643 'fee; lobsters. 25c lb.; silver smelt, 8c: salmon trout. 18c lb.; halibut, 5&c; shad, dressed. 4c: shad. roe, 16e; roe shad 8c lb. LARD Tierces, kettle rendered. 13c; standard, 12c CliABS Large $1.75: : medium $L2S dosen. Hops, Wool and Hides. HOPS Buying price, choice, 10ttllc; prime, 10c; medium to prime, 9c; medium, 10c; 1915 con tract,' 10 4f He WOOL Nominal. 1915 clip; Willamette val ley, coarse Cotswold, 25c; medium Shropshire. 26c; choice, fancy lota, 26c; eastern, Oregon, 1423e. , -w HIDES Salted hides, 25 lbs. andTrp, 14 He; raited stags, Co lbs. and up, 10c salted kip, 15 lbs. to 25 lbs., 15c; salted calf, up to 15 lbs., 18c; green bides, 25 ib. and up, 13c; freen stags, 50. lbs. and up. 8c: green kip, 5 lbs. to 25 lbs, 15c; green calf, up to 13 lb., 18c; dry flint hidea, 24c; dry flint calf, up to 7 lbs-, 26c; dry salt hides, 20c: dry horsehides. each, 60c to $1.00; salt horsehldes, each, $2.00 to $3.00; horsehair, 25c; dry long wool pelta, 14c; dry abort wool, pelta, 10c; dry sheep shearlings, each, 10c to 15c; salted abeep shearings, each, 15c to 25e. TALLOW No. 1. 5Sl5!4c; No. 2, 41i5c; grease. 34c. MOHAIR. 1915 31c CH1TTIM OR CASCARA BARK Buying price, car lota. 44c; let than car Iota, 4c. Groceries. SUGAR Cube, $7.30; powdered. $7.10: fruit or berry, $6.80; beet. $6.60; drv granulated. $6.80; D yellow. $6.70. (Above quotations are oO days net cash. ) RICE Japan style No. 2. 4i5c: New Or leans, head. 6V4U6c; blue rose, 6 lie; Creole SALT Coarse, half grounds, lOOa, $9.75 per ton; 50s. $10.50; table dairy, 50s. $16; 10s. $17. 50: balea. $2.25: lump rock. $20.00 oer ton. HONEY N'eit. S3.25&3.50 per case. BEANS SmaTT white. $tt.25; large white, $6.00; pink. $5.23; Uinas, $o,75; bajuu, $6.50; red, fiViC. Paint and Oils. LINSEED OIL Raw bbla.. 75c gallon: ket tle boiled, bbla.. 77c: raw, cases. 80c: boiled, cases. 82c gal.; lots of 250 gallon, lc leas; ail cake meal. $44 pee, ton. WHITE LEAD Ton lots. 7 He U.; 500 lb. lots. 7e lb.; less low. 8c per lb. COAL OIL -Water white in drums and iron barrels, 10c - Wat uar: Kor. No. 1. lO-IOo per lb. Hogs, Wo. a, 9-9 4o per lb. Veal, Ho. x, iu-iu;-o per id., ves-i, no. a, -9 Vic per lb. Hens, laao per lb, Spring ducks and broilers, 20-22 c per lb. Xros 18Ho per dog. Wo commission. Paying daliw. Sont lnauire Sbit. Best re turns guaranteed. ; IBS 8ATWAS UU., S07-809 StUt gt., Hear XToat. KarsbaU 687. - GRAIN TO BE Edited bj Hyman II. Cohen. . LACK OF' VESSELS IS IN CEREAL MARKETS Record Charter Prices for Vessels Together With Limited Offer ings Cause : Stagnation : in the Shipping of Grains. , Wheat prices were erratic here during the week, in fact, all domestic markets showed mixed character. Late In tbe week the local market practically recovered the early loss. There is only one real factor In the wheat at thia time; in fact, this factor permeates the entire cereal trade. The lack of suf flcient tonnage is the factor that 1 keeping pricee here from corresponding to the huge values abroad. With character rate for ships fully 30c a bushel higher than at tbe opening of the season, and most impossible" to secure vessels at that, it Is small wonder that Amer ican cereal prices have lost rapidly during re cent months while the price abroad remains intact at the extreme marks. This shortage of ships is not only having ita effect upon 1914-15 holdings of wheat but is sure to cause trouble during tbe coming 1935-16 season. Charter rates hsve recently advanced aa high as 75 shillings for Euro pean account while the normal is very close to 29 shillings. There ia still a very good demand for cer eals in Europe and Australia is an active bid der for supplies, put . the ship shortage to de moralizing the entire trade. Because of the extraordinary dullness In the oriental situation and the more limited de mand for flour at borne, only a handful of mills are at present operating in the Pacific northwest. June 1 will probably witness the closing of tbe remainder for the season. This has created an extreme scarcity of stuffs and higher prices are generally ruling. Were it not for tbe comparative cheapness of oats and barley, stuffs would undoubtedly bave moved still higher. Patent f,lour made a further decline of 20c per barrel it all Pacific northwest points dur ing the week but little new business resulted. FLOUR Selling price: Patent, $8.40; Wil lamette valley, $.40; local straight, $5.70; bakers', $8.60'ai6.80; export, $4.50. HAY Buying price, Willamette valley tim othy, fancy, $13.00; eastern Oregon-Idabo fancy timothy, $16.00; ilfalfa, $13.00(813.50; vetch and oats, $11.00; clover, $8.00(39.00 per ton. GRAIN SACKS 1915, nominal: No. 1 Cal cutta, 7te7Hc. M1LLSTUFFS Selling price: Bran $27.00 27J50; snorts, $29.00(29.50. ROLLED BARLEY Selling price: $29009 30.00. CORN White, $34.00 35.00; cracked, $35Q 36.50 per ton. . . Merchants Exchange " spot pricea: WHEAT Bid " Sat. Fri. Thurs. Wed. Tnes. Moo. $L17 LIS '1.15 1.06 1.04 28.00 23.25 Bluestem $1.16 $1.17 $1.15 Forty fold 1.13 1.13H 1.12 Club 1.11 1.1 1.11 Bed Fife 1.06 1.07 1.07 Red Russian 1.06 L03 LOS $1.15 $1.16 1.12 1.14 l.iovfr: l.n 1.08 1.06 1.04 1.04 OATS 28.00 28.25 28.00 28.23 28.00 BARLEY 23.25 23.25 23.25 23.00 23.00 Bran 26.25 26.25 Shorts MILLSTUFKS 26.00 26.00 25.75 25.50 2.50 20.5O 26.60 26.50 26.00 25. 50 Faturea were quoted: WHEAT Bid. Ask. $1.19 1.21 1.15 '1.18 1.15 1.16 1.17 1.15 1.10 U2 30.00 30.00 24.00 24.00 27.50 27.73 2S.O0 29.00 Jroe bluestem . . July bluestem . June fortyfold . July fortyfold .. June clnb ...... July club ...... June Red Fife , July Red Fife.., June Red Rusa., July Red Rusa.. June ... . .u . . July June . - -1 it July .......... ...$1.J7 ... 1.15 . .. 1.13ft ... 1.11 ... i.12 . .. 1.08 ... 1.06 ... 1.06 ... 1.06 ... 1.00 ...28.25 ...28.50 OATS BARLEY ...23.50 . . .21.00 ...26.50 ...27.25 BRAN June July SHORTS June ... July ... 26.73 . . . .27.75 Boston Reports a Broadening Trade , In Wool Market Boston, Mass., May 22. While the 'wool market cannot be aaid to show anything ap proaching a "boom." certainly a broadening movement most encouraging to sellers bas been apparent the past week. Total sales are es timated at something over 3.000,000 pounds, including, about 1.500,000 pounds Australian merinos and Cape wools, with 1,000. 00O pounds or so of South American croesbreds and low wools. Carpet mills have been buying active ly in China combing and filling woola. Buenos Aires low Lincoln and South American lambs. Domestic wools are moving slowly, the only sales of consequence being puller A and B supers. Buyers are becoming more aggressive in the west, and medium clips have, been ab sorbed at the highest figures of tbe season. Advices from abroad show a continued strengthening. Perhaps the most surprising thing about the present situation is that the Boston market has shown so much strength in the face of the heavy arrivals of merinos from Australia. Including the Lord Erne, three direct steamers bave arrived recently with cargoes aggregating over 62,000 bales of wool for Boston alone. Yet an active de mand has developed and prices have strength ened. Whether the advances noted abroad In the merinos and consequent improved tone bere are responsible for the renewal of buying in tbe west or: the reverse, is a question. The effect is apparent in the strengthening of the position of growers, who have been encouraged to return to some of the demands made by them earlier in tbe season. More talk of con signing their wool is beard now than a fort night or so ago. The leading warehouse asso ciation is reported to be getting considerable wool. , , EASTERN CROP ADVICES By John Ingles. St. Louis, May 22. In the northwest coun ties of Missouri the crop' is badly damaged by chinch bugs and fly. Rain will check tbe chinch bugs, but will not interfere much with the fly. Tbe northwestern counties will not exceed half a crop. From Lexington, Carrollton, to Mexico, tbe crop is spotted. There are some good fields, but a large majority are poor. The -ten ex treme eastern counties bave a fair crop some very good, some poor. DAIRY PRODUCTS ON COAST ONLY FACTOR SHOWN San Francisco Markets. : San Francisco. Cel., May 22. (0: P.) Eggs: Extras, 24c: firsts. 22c; seconds. 20c: pullets, 21 c. Butter: Extras, 22ftc; prime firsts. . 28c; firsts. 22&C. Cheese: Calif om la, fancy, lie; firsta. 10c; seconds, 8c. j ' Seattle Market. Seattle, May 22. Butter: Native Wash ington creamery brick, 25c; . ditto solid pack, 24c. Cheese: .Oregon triplets, 16c; Wisconsin twins, 17c; ditto triplets, 17c; Washington twins, 16c: -Young America, Xtx. . Eggs: Select ranch, 22c. -' IT. S. Government Bonds. : New York, May 22. Government bonds: - Bid. Ask. Twos, registered ......- 97 9S do, coupon .....97 .... Threes, registered , , .100 B .... Fours, registered Kft 110, do, coupon .,.. ... ...110 - ;.,. Twos, Panama .................. 97 .... Twos. 1938 97. .... .j DRAWBACK WHEAT ADVANCE OF OPENING IS LOST JN THE LATER TRADING Chicago Market Advances With Crop Damage .Reports, But Later Reports Are Conflicting Selling Prices Cause Weak Close. Chicago, May 22.-nty wheat sold at $1.30ft the first hour today and $1.27 1A at the close. There was no end of crop damage reports for ine traae at the outset -aud back of tbe com plaints coming from Illinois and Missouri counties there was the Kansas state report given out late yesterday indicating a harvest or 100,000.000 bushels. The trade regarded this as bullish and bought wheat on tbe early advance..;,. -.;.."; Wire houses and the entire local trade seemed to rush into the market on the buy ing side and there was additional covering o short lines as the top price was reached. The marking np of the May price to $1.57 helped make the - trade' nervoua. The ad vance In the September price waa to $1.23. Lata in the. session -it waa evident that most of the supporters of the market from, $1.25 and under for July about the middle of the week to top figure today changed front and put their holdings into the pit in large quantities. It waa a decided bearish turn the last hoar, when the July went to the low figure named and September off to $1.21 'A. Ia the meantime the May price dropped back several cents under a few light offers. A Chicago member who has been over the far southwest all week returned today and said he could see none of the extreme crop damage mentioned in the reports, but did see farmers -over the entire southwest selling their, old wheat reserves freely. Late mes sages from Kansas City claim that country elevators, mills and farmers are all selling their wheat stocks. Bear readers helped press tho market on the late decline. It has been the comment for days In the corn trade that whatever snap there was on the buying side of the market was largely dne to the influence of unusual bull action In wheat. There was soother bulge in corn this morning. It amounted to only 'Ac for the late months' end when wheat began to break corn lost ground quickly and near the close prices slipped back about lc under the tep for the morning to 75 for July and 76 for September. A leading house sold May and bought July at one time, widening the spread for a time. Local receipts were 64 cars. Sample market ruled about steady. Ex cept that tbe local trade took the selling side becsuse of the break In -wheat, there was no special feature to the market. May data touched 52 c and dropped back t 52ftc late in the session. July sold to Slftc and back to 50c. September 46c back to 45ftc Local receipts were 67 cars. The trade acted with corn. Products failed to hold up in the face of weakness in grain. Ribs were 5c lower for July and September at the close; lard 7ft e lower than Friday; pork closed $18.02ft for July and $18.62 ft for September, 12ft c lower for the day. Range beck & building: of Chicago prices furnished by Over Cooke -Co., 216-217 Board of Trade WHEAT High. $1.57 1.30ft 1.23g CORN .74 .765 .77 ft OATS 52 .51 .46 PORK 17.87 1S.J3 18.45 LARD "9.77 10.02 BIU3 , Open. .$1.56 . 1.23 1.23ft . .74 - .76-4 . .7ft . .52 . .5tt .17.F7 .18.15 .18.43 Low. $1-63 ft 1.27 ft 1.21ft .73 .75 .76 .52ft ..50 .45ft 4 17.77 18.00 18.30 Close. $1.64ftA 1.27 ft B 1.21 ftB .73A .75A .76 ft A -52B .S0B ftB 17.77 18.02 18.32 A 9.62 A 10.40 10.55 10.5O May ... July ... tiept. . . . May ... July ... Sept. ... May. July ... Sfcpt, .,. May ... July ... Sept. ... May July July bepU ,,, 9.85 , . .10.02 ...10.40 ...10.57 . . .10.55 9.72. 9.93 10.57 10.82 ro.52 10.80 Heavy Lands Get Too Much Rainj Fear for the Crop Walla Walla, Wash., May 22. With the wbeat growers in the light land districts of the valley wearing broad smiles because of the protracted wet period, and looking for. wsrd to the harvest of one of the best crops In years, the farmers of tbe foothill sections present quite another expression, snd voice the fear that the prolonged wet spell will haye the effect of causing their grain to "lodge" and go to straw, rather than to heads. After almost three unbroken weeks of damp, cool weather, the' deficiency in rainfairsbicb has existed since the first of the year has given way to an excess, even though a small one. , Weeds are appearing In many of the' fields, and trouble is looked for in tbe harvest, while many farmers are chafing under the enforced Idleness aa the weeds secure a foothold on their summer fallow to such an extent that an excess of cultivation will be necessary later in the summer to- clear the land. Up to the time tbe rains set in, little complaint had been made regarding weed pests, but as soon as the cool period arrived, the wheat seemed to cease its wonderful growth, and tbe weeds took their turn. A return of hot weather v-ithin the next week, it Is expected, will do rnnch toward preventing general damage from tbis source. AU farmers agree that there will be more straw in tbe fields this year than for some seasons, due to the present damp spell, bat few thus far have admitted, except those in the foothills, that this excess of straw will result in a decrease in the yield. It ia said there Is moUture enough ir. the ground at this time to see the wheat crop of the Walla Walla valley well along toward maturity, . and aa another wet period may be expected in July, the growers, though somewhat worried over present conditions, are, generally speaking, on the easy Best. There have been so sales locally, and but little interest in the condition of the wheat market. Various Grain Markets. Buenos Aires Wheat closed unchanged to ftd lower. Minneapolis Wheat closed May $L59ft; July $1.48; September $1.18. Winnipeg Wbeat closed May $1.58B; July $1.56ftB. uluth Wheat closed May $1.57ftB; 1 July $1.52ft; September $1.21. Kansas City Wheat closed May $1.4ft: July $1.20ftB: September $1.15 ft. St. Louis Wheat dosed May $1.47B; July $1.22 ft; September $1.1 8 A. POTATOES AX)NG THE COAST v San Franc ia 00 Harksta. - San Francisco. May 22. Potatoes Salinas, $2-002.50; river, $1.50; sweet, $1.50gl.S5. Seattle Market. ; Seattle, Wash.. Msy 22. TJ. P.) Onions: Oregon, $1.25(31.50; Yakima. 75c$l. Potatoes: Yakima gems, $3340; Idaho and Montana, $3537. San Francisco Grain Market. ' San Francisco. May 22. Wheat Club $2.05 2.07ft per cental; Russian red. $2 002.02ft; Turkey red. $2.10(2.15; bluestem, $2.202.25; fortyfold, $2.152.20. Barley Spot feed. $1.17ft1.20. Prompt Enlightenment, From Everybody's Magazine, i "When Harry Atwood was aeroplan ing from St, Louis ' to New York he alighted to- adjust his machine in a field near Fort Plain, N. T. At wood wasrft certain what state he was in, and wanted to know, A crowd of vil lagers rushed toward him and he called to them: Where am i?" i "You're In Charlie Knoll's pasture," shouted the nearest man. TO THE PRICE FINANCIAL WORLD IS WATCHING GERMANY; ' MARKET IS AFFECTED First Reports Were Satisfactory But Later Rumors of Demon strati on Against U. S. Causes . Sharp Price Reductions. V New York, May 22. The list closed gen erally higher. Sentiment o.' late has improved greatly as a consequence of a well defined report to the effect that the German reply to the American note will be conciliatory, but toward the close today a dispatch credited with having emanated from Berlin via Amster dam stating among other things that the first organised demonstration against the United States occurred under the auspices of the Ger man defense union. This dispatch provoked some hasty realising and as a consequence thereof prices receded, but the undertone at the close was strong. The stock market com munity at present has to contend with tbe fact that an unfavorable German reply would produce much- concern and a sharp decBne, whereas a favorable reply -would produce an opposite effect- What the result is going to be, is s difficult thing to forecast at present, but unless logic and all signs faiL it seems quite probable that the German reply, while firm, is not likely to be such as to more than temporarily undermine the stability of the existing order of things. Conditions in the United States are sound and the prolonged period of liquidation and tbe .slow recovery hsve Unproved fundamentals to a degree that makes the foundation strong er than In years. Range of New York prices furnished by Overbeck A Cooke Co., 216-217 Board of Trade building: DESCRIPTION IQpen High! Low jClose Amalgamated Cop. . Co.l 66ftj. 7., Cj 62ft - S4ft! 67 66ft 66 Am.-.Car and Fdry. -03 &2ft 34ft 52 35 96 47ft 47 American can, c. American Can. pf . . 30 -? I'Yfi 47 1 47ft 47 108 108 107 66ft 67 66ft 119" Hi" iiV'l 81 32 31 "98 166" 99 '73ft '73ft "t3" 45ft 46 45ft; 145 146ft 142ft i 159 160 159 36ft 37ft 36ft 'ioii '96ft '90" i'isftj'ii'&irisft 40 I 41 I 40 27 27 27: Hi'liii" i" I 13ftl 12 13ft '26ft '26ft '25ft 41 41 40ft "33" "33ft "32ft 117ft 117ft 117ft 30 30 30ft "26 "2iji 20 70 70 70ft 143 142ft 142 26ft 26 26ft 44, 45 43 ft 83 36ft 36 117 117 117 , 12fti 12ft 12ft 11 12 11 59 61 69 14 15 14ft 63 63 63 "28"" '28 "28" 104 105 104ft I 22 23 22 107 107 107 113 115ft 113 46ft 47- 46 '23; "23 '23ft 144 144ft 144 "28ft '28 "2s"j 86 86ft 86 19ft 20 18ft 88ft 88ft "is" 16 17 16 61 61 51 I 34ft 34ft 34ft 16 16 15 L2 126 125 ft j 'hi" '63ft "j2ft "64ft 55 "oift '64ft '66ft "64 31 32 31 .ft ft . 67 67 66ft 95ft 98ft 95ft "67" "67" '66ft American Cotton Oil. c.l American Loco., c . American Sugar, e .. American Smelt, c . American Smelt, nf. 107 H i Vi. 102ft 118 Am. Tel. and Tel. .... Anaconda Mining CO...I 82 2$ft W 9ft 13.. Amer. Woolen, ... Atchison, c .... Atebisoo, pf ........ Baltimore Si Ohio, e. Beet Sugar ......... Bothlehem Steel, c . 142 Brooklyn Rapid Trans. 87 ft Canadian t'acuic. com.! 159 Central Leather, c .... Central Leather, pf. .. Chi. tit. Western, c. . 86 102 lift 29 8ft Chi. Gt. Western,' pf.. C. M. ft St. f . Chi. & Northwestern, c.l 126 ft Chins Copper Chesapeake A Ohio .. ColOd-Fuel A Iron, e. Colo. Southern, e Consolidated Gas . Cora Products, c . Corn Products, pf . . Delaware &' Hudson , 44 40 27ft 29 L23ft 13ft 76ft 147 Den. & Rio Grande, c.l 7ft 13 25 40ft Den. A Rio Grande, pf. Erie, c Erie, 1st pf General Electric 152 ft Gt. Northern, ore lands! 32fc Gt, Northern, pr ... Ice Securities Illinois Central International Harv. . Inter. Metro., c Inter. Metro, pf .... Lehigh Valley Kan. City Southern . Goodrich Alaska Gold Louisville A Nashvi M., K. T e Missouri Pacific National Lead Nevada Consolidated. New Haven New York Central. . N. T.. O. A W X'nrthMl Pjirific. C. 117ft 30 105 94 20ft 70 142 OS 44 36 116ft 12ft 12ft 60ft 14 62 ft 85 ft 27ft 105. Pacific Mall S. S. Co. 22 22 Pennsylvania Railway. P. G., L. A C. Co.... Pressed Steel Car, c. Pressed Steel Car, pf.. Ray Cons. Copper.... Reading, e - P.eading, 1st pf Republic L AS., c. ... Republic I. A S., pf-. Rock Island, e R. I., pf, new St. L. & S. F.. 2d pf.. 106ft 113ft 45ft 5ft 23 ft 144 ft BO 28 85 19 88ft 16 51ft 84 13 St. Louis A S. F.,lst pf Southern Pacific, ... Southern Railway, c. . Southern Railway, pf. . Tenn. Copper Texas 'A Pacific Union Pacific, c. Union Pacific, pf U. 8. Rubber, c U. S Rubber, pf U. Iff Steel Co., c... U. Of Steel Co.. pf...- Utah Copper ...... Virginia , Chemical Wabash, c Wabash, pf. -V. W. U. Telegraph ...... Westiughouse Electric. WiSennfeiit Central, c Btudebaker 125ft 80 63 105 55 105 65ft 66 96 32 66ft Total sales 870,100 sharea. BOSTON COPPER MARKET Boston, May 22. Copper bids: Adventure . Mohawk Ah meek J Aiioues Arcadian Alaska Baltic Boston Ely Butte Bal Butte Coalition . , Cal. A Aril . Cal. A Hecla 5 Centennial Chief Cons Chino Cons. Cop. Mines Nevada Cons. . . Nlpissing North Butte.... North Lake...,j Ohio Copper. . . . Old Colony t. (Md Dominion.. Osceola ....... 3uincy Kay Cons Hants re ...... Shannon ....... Shattnck . lftlSuperior Copper Range.... o Daly West; 3 Davis-Daly .A... 99 bast Butte 11 First Nafl 2ft Franklin ft Goldfiel Cons 1 7-161 sup. oc sosion.. Swift Packing.. Tamarack Trinity .... Tuolumne . . . . . United Fruit ... U. Shoe My... U. Shoe M'y 1 Greene-Cananea.. Granby - Hancock Helvetia Houghton . . -t . . . Indiana New Inspiration.. Isle Royale...... La Salle Lake Copper..... Majestic .... Mason Valley. . . Mass. Mining;.-. Mayflower Mexico Conf Miami Michigan lCnlted Zinc U. S. hmelters.. U. S. Smelters,! Utah Apex..... Utah Cons...... Victoria ....... Wolverine . .... Wyandot Yukon Gold . . . . Keer Lake...... Algonah ....... Canada Crown ......... McKinley ..... Verde Extn COAST BANK STATEMENT Portland Banks. This week. $1,971,781.78 1.786,143.21 1,634,311.40 .... 1,490.282.89 ..... J.557. 35Z03 1,592.358.27 Clearings Monday . . . Tuesday Wednesdr Thursday . Friday ... Saturday .. Week ... Year ago. $2,823,032.75 1,951.498 61 2,054.220.88 1.758.0229 1.600.2H4.93 1,632.6219 .$10,031,629.58 $11,819,662.13 Los Angeles Banks. Clearings Balances ..$2,691,629.07 XI 9,047.84 Seattle Banks. Clearings Balances .$1,951,421.00 . 263.778.00 NEW YORK BANK STATEMENT New York, May 22. (I. N. 8.) The bank statement issued today by the clearing house member banks was considered quite favorable. Following tables show average and actual figures; Loam Decrease $19,436,C00. Demand deposits Decrease $16,607,000. Time deposits Decrease 794,000. .Reserve Increase 0,835,360. Actual loans Decrease 10.611.000. Net demand Decrease $9,050,000. - Time deposits Decrease- $1,813,000. ReserveIncrease $7,C73,a4. New York Sugar and Coffee. - New York, ' May 22. --Sugar: Centrifugal, $40. ; r Coffee Spot New Tork No. 7 Rios, Tfte; No, 4 Santos. Sftc - ' ' - . ' -) TWO ARCTIC RELIEF EXPEDITIONS ARE TO SET OUT THIS YEAR Search for MacMiilan and Steffanson Parties to Be , Undertaken by Americans. UNKNOWN REGION GOAL Tast Unexplored Area to - Worth Canada Was Objective Point Afforded explorers. of New Tork, May '23. flTwo Arctic re lief expeditions will leave the United States this summer, bent on bringing back explorers marooned in the frozen polar regions. - One is quite confident of success and not a desperate business, as such work goes. It will seek to reach ! the party of Donald B. MacMilLxn, now be lieved to .be at Etah. North Greenland, and reported safe in August of last year. . The, second, a forlorn hope, will! at tempt by aeroplane search of the ter rible northern seas to locate stout hearted Vllhjalmur Stefansson. who a year ago, with two. companions, marched straight inorth into the en known from the Canadian coast near the mouth of the Mackenzie river. MacMiilan and Stefansson engaged in what has aptly been described Van a race for an unknown continent. There Is a great stretch of territory lying north of Alaska and Canada and bound ed on tlie north by the North Pole, which has never been surveyed by hu man eyes. Admiral Peary, standing at elevations of 200,0 feet and later 16000 feet on islands west of north ern Greenland believed he saw . moun tain peaks of this unknown laSd far to the westward- He dubbed it Crocker Land. If it ex ists, it is by far the largest area of solid earth now unexplored. The lure of it to the Arctic pioneer is beyond understanding, to the dweller under southern skies. Last summer MacMiilan pushed across the straight from : Greenland and then over several large islands to the westward, until he cametof Cape Thomas Hubbard, the last place from which the discoverer of the North Pole, Peary, believed he caught a glimpse of Crocker Land's mountains. Here a sketch of frozen ocean pre sented itself. For X25 miles MacMii lan dashed over the ice straight west. Several times he thought he saw the land he sought. At last he had to give up and concluded what Peary had seen was only a mirage. It is. improbable Peary could have- seen j land farther than MacMiilan went. 1 MacMiilan Nearly Lost. , MacMiilan nearly lost his life before he got baqk to the comparative com fort of Etah. This summer he may attempt new feats, but he will un doubtedly keep in touch with Etah, or at Any rate let his whereabouts be .known. He will not be the staring mystery Stefansson has become. , A relief party will leave Labrador in July aboard the schooner George M. Clueet. The vessel is sent out by tbe backers of the MacMiilan expedition, including the American Museum of Natural History, the American Geo graphical society, and thel University of Illinois. All the arrangements are being made here. Captain George Comer of East Haddam, Conn., will serve as ice pilot. . . If Stefansson is ever rescued it will be through the devotion of his secre tary. Burt M. McConnell, who bade farewell to his chief April 7, 1914. No one has seen Stefansson or the two men he kept; with him since then. His vessel, the i Karluk, drifted several hundred miles to the westward and was crushed in the. Ice. Part of those aboard the Karluk were rescued through the perseverance of McConnell. Then McConnell 'came back to the United States and started his efforts of organizing a relief expedition. It was he who evolved from his brain the idea of the hydro-aeroplane. The Canadian government is chided by McConnell for failing to fit out a relief expedition, as Stefansson is up on Canadian service. But the - great war has Intervened and monopolizes Canada's energies. i "I consider it my duty to search for Stefansson," McConnell said here. - "As a survivor of the expedition, I shall not be content to sit idly and in comfort in 'Civilization until I know that my comrades are safe, or what has hap pened to them." . Opinions differ as to what has hap pened to Stefansson. He may be drift ing on" a field of ice somewhere north of Alaska. In this event he would reach Siberia, if still alive, about two years from now. McConnell thus , outlined his plans here recently: "Our expedition Is not more hopeless than that of the Rodgers, which start ed out to rescue the crew of the Jea nette in 1879 two years after she had sailed. "As to practicability of using hydro aeroplanes, it ' is well known - that Amundsen Intended taking flying ma chines with him into the Arctic and using them for, scooting while his Ice ship, the Fram, drifted about in the Ice pack.. In using hyro-aeroplanes, too, we may discover the1 hypothetical continent of Crocker Land, which Stefansson sought. Vast "Unexplored Seglon. "North of Siberia, Alaska and west ern Canada lies an unexplored area f more than 1,000,000 square miles. Truly, this is the last frontier, the last ' unexplored area on the face of the globe. The prime! object of the Canadian Arctic expedition was to ex plore that area as much as possible, but when the Karluk was lost Stef ansson was compelled to rearrange his plans accordingly. He immediately de cided to go over the treacherous, mov ing, crushing ice fields north of Alaska in search of the continent which some students of tidal phenomena-: have Stocks, Bonds Cotton, Grain, Etc. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trade Correspondents of Logan & By ran Chicago. New York. - 819-817 Beard of Trade Building. aisurai . sxiaia avnu niva - uuicia uebvv argued aa conclusively does not ex ist." McConnell was one of the three members of this' expedition who gained the mainland of Alaska after drifting about on the ice for nearly a, month. He thinks Stefansson is. able to pro vide for the party pt throe with the two rifles and 400 pounds of ammuni tion they had when last seen. When Stefansson bade farewell to McConnell and the meteorologist of the expedition he kept with him two com panions, S to rkersen and Ole Anderson. It was quite fitting that these three I (Hit -of that raes nf T.I of Rrieaann. thai man who probably discovered America. All three were picked veterans ajf many : Arctic campaigns. ' They" knew all tbe wiles of the Kaqolmo, besides the scientific learning of the white man. Only some terrible misfortune could have extinguished them. CREDIT NINETEENTH YEAR OF Adjustment Bureau Enters Second Period of Work for Merchants' Aid, With the election on Friday of officers for tbe ensuing year, the Portland Association of Credit Men, began its nineteenth year. At the same time, the adjustment bureau, which was incorporated to look after collections and dahna of members of the association, and to act as trustee in bankruptcy, and In assign ment and liquidation proceedings for tbe mem bers of the association, began Ita second .fis cal year. The same set of officers acts for both organisations. " 1 W. W.i Downard. treasurer of the Union Meat company, and vie president for the past year, was chosen president; B. M. Deni son, credit man for Albers Bros., and a mem ber of tbe board of directors, was made vice president. E. . Lelhy, of the Blumaaer Prank company was elected secretary-treasurer. Messrs. Lelhy and Denlson were reelected di rectors for three years. These with Bdward Drake, of 1. K. Gill A Co., the retiring president- E. M. L'nderwood. Paillna-McCalmaa company; W. J. Henderson, Cloaeett A Davers; P. C. Waaserman. Blake-McFall company, constitute the new hoard or directors. YE. M. Underwood, a vice-president of the nstional aasoclatton. and B. K. Knapp, who was slso reelected manager of the adjustment .bureau, were elected delegates to the annual convention of the National Association of Credit Men to be held at gait Lake City ia the middle of June. Ia hla annual report President Drake noted that the membership of the association Is now 204. The dues last yesr were 2602,90 and the expenditures $2572. He also called atten tion to the anccessful series of monthly meet ings that bad been held during the year as well as the weekly luncheons at which a course of lectures bad been given by Forrest S Fisber of the law side of tbe credit men's work. . ' Tbe adjustment bureau,- according to the report ef Manager Knapp, made a remarkable growth.. It earned dues aggregating $7925, and fees of $S399.83.- Tbe cash on hand was $2,776. $, and fees of $8399.83. The cash on band was $2776.93 and the receipts $110,302. It handled claims ranging from'' a- few dollars to $170,000. The bureau has been able to re duce the fees in adjustment cases from 3 to 1 per cent 00 tbe amount recovered. Tbe number of adjusters bas grown from three to nine, the .employes from eight to 15. -The bureau- now has a legal department with two attorneys regularly employed. It la in con stant exchange of information with Seattle, Tacoina and Bpokane and is receiving a large number of claims for collection from territory. vThe membersblp of tbe bureau is 135.- . , Hits High and Low Records for Babies Philadelphia Woman Olves Birth to S3 Found Boy, Brother of OKI Weigh ing Found at Birth. Philadelphia, May 22 The stork has played a freak trick in the household of Michael Kline. 1 Five years ago the Klines were pre sented with a little-, girl who weighed only 1 pounds afTilrth. Last week the stork again visited the Kline family. Thip time it left a bouncing baby boy, who, when placed upon the scales, tipped the beam at a few ounces over 23 pounds. The new baby weighs nearly as rnuch as some 6-year-old children. Margaret Kline, tbetiny girl, holds the record as the liliputlan of Paschal vllle. She took a prize at the Darby business men's carnival, two years ago. Despite her size, she has thrived, and is a robust child. V The Klines now say they, have the smallest girl and the fattest boy in Philadelphia. No Friction Over Relief. London, May 22. The American commission of Belgian relief says there is' no truth in the report pub lished -in the Daily Mail in a dispatch from Rotterdam to the effect that barges loaded with the commission's supplies are being held at Itptterdam because of friction with the German authorities. These barges have been diverted, the commission explains, be cause the warehouses in Belgium hoi 3 food for" one month ahtad... The car goes now bejlng discharged a re vto be stored In Rotterdam. J , MEN BEGIN LOCAL ORGANIZATION i ' Sale of Six Per Cent Twenty-Year First Mortgage Gold Bonds Sealed bids for the sale of $800,000.00 of the 6 per cent first mongagel bonds of the Teel Irrigation District, of tbe State of Oregon, will be 'received by the Board of Directors of the said District at the Office of the District "in Echo. Umatilla County, Oregon, until Tuesday, July 6th. 1915, at 2 o'clock P. M., when the said Board of Directors will open the bids. - Jio bids will be accepted for less than 90 cents on the dollar, and the Board of Directors of the said District reserves the right to reject any and 11 bids, and no bids will be considered unless accompanied by a certified check, made payable to Mr. . N. Lit sey. Treasurer i of the said District, for-5 per cent of the par value of the bonds bid for. Said bonds shall be each of the denomination of not less than $100,00, nor more than $1,000.00, each with interest coupons matur ing semi-annually at 6 per cent, principal and interest payable .in gold coin of the United States in New York or Portland. Oregon, at the option of the buyer. " , This . District waa organized under the Laws of the State of Oregon, and has beerf approved by Decree of the Circuit Court of the State of Oregon, for Umatilla County. . The principal and interest of these bonds will be paid by an nual assessment upon the lands of the said District, collected by the tax collector of the County with the other t regular State and County taxes. This notice is published by order of the Board of Directors given the 4th Hay of May, 1915. . : TEEL IRRIGATION DISTRICT, ' , J. Frank Spinning, Dated this 23d day of May, 1915.. Secretary. PAMPHLETS RECORD THE FINDINGS OF THE E Conclusions Reached at In ternational Meetings in 1899 and 1907 Published. OF ESPECIAL INTEREST Blow Subjects, Vow of Paramount Con cern, Were Handled Zg Timely Information. In view of the Interest at the pres ent time In the conventions snd signed declarations of the first and second Hague conferences, and particularly be cause of the need of accurate informa tion as to ratifications of and ad hesions to the conventions snd declara tions relating to war, the Carnegie en dowment for international peace has prepared a series of pamphlets in order that the public may learn from reli able sources the status of these inter national agreements and the extent to which the powers now at war are bound by their provisions. The first pamphlet of this, series contains the respective tables of signa tures, ratifications, adhesions and res ervations of the conventions and dec larations of the two conferences. The compilation has been made from offi cial sources, and the tables have been certified as accurate by the depart ment of state of tbe United States. The conventions and deolarations, as the case may be, of the two confer ences are printed separately in the suc ceeding numbers of the pamphlets, ac companied by the respective lists of countries which have (a) ratified, or (b) adhered to, or (c) signed,' but not ratified, them, with" the date of the particular action. Kach convention or declaration la followed altfto by the texts of reservations. The submarine mine, the expanding bullet and asphyxiating gas, which have created such controversies since the war began, are among the subjects handled at The Hague conferences and recorded in these pamphlets. The pamphlets relating to war ire numbered from 4 to 20, and their re spective subject matter is as follows: 4 Tbe Hague conventions of 18B9 and 1907 for the pacific settlement of In ternational disputes; S The Hague conventions of- 1899 and 1907 respect ing tbe Taws and customs of war on land; 6 The Hague conventions of 1899 and 1907 for the adaptation to maritime warfare of the principles of the Geneva convention; 7 The Hague declarations of 1899. and 1907 prohibiting-the discharge of projectiles and ex plosives from balloons; 8 The Hague declaration of 1899 concerning asphyx iating gases; 9 The Hague declaration of (1899 concerning expanding bullets; 10 -The final acts of the first and sec ond Hague conferences, together with the draft convention on a Judicial ar bitration court; 11 The Hague conven tion of 1907, respecting the limitation of the employment of force tor the re covery of contract debts; 12 The Hague convention of 1907 relative to the openinir of hostilities; 13 The Hague convention of 1907, respecting the rights and duties of neutral pow ers and persons in case of war on land; 14 The Hague convention of 1907 re lating to the Status of enemy merchant ships at the outbreak of hostilities; 15 The Hague convention of 1907 relat ing to the conversion of merchant ships into warships; 16 Tbe. Hague conven tion of 1907 relative to-the laying of automatic, submarine contact mines; 17 Tbe Hague convention of 1907 con cerning bombardment by naval forces in time of war; 18 The Hague conven tion of 1907 relative to certain restric tions with regard to the exercise of the right of capture In naval war; 19 The Hague convention of 1907 relative to the creation of an international prize court; 20 The Hague convention of 1907 concerning the rights and duties of neutral powers In naval war. The pamphlets in this series are is sued gratuitously by the Carnegie En dowment for International Peace, and may be obtained by; addresHing the sec retary, 2 Jackson' place, Washington, D. C. Alberta anthracite, 90 per cent car ton. A condensed supply of intense heat, (Adv.) Portland Wool Warehouse Co. , Portland, Oregon Wool stored, baled, graded and sold on commission only. Storage 25c per" ton per month. Liberal advances AT 6 INTEREST. HAGU CONFERENCES