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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 19, 1916)
THE OREGON DAILY JOURNAL, PORTLANDf SATURDAY, FEBRUARY 19. 1918. PORTLAND DECLARED LAX COLORADO A FACTOR IN POTATO MARKET; : HURTS TRADE HERE Reentrance of State a Tuber Pro v :. dncer Cute California ',- Out of :7 Southwest and Thereby Hqrta .-" Northwest in the Southl. ' The potato market for' this section to suf . fering - from ' conditio anstispected by tbe trade ap to the last few dars ago. . Tbeeanse ia bo other than, that Colorado baa again en - tered Ue potato market aa a mighty fartor; ia fset so mlgbty tbat the state baa eat Cali- - fomia entirely. otit of tbe southwestern traslBese and forced tbe sou thern ,"ta te to eranat lta own' prod act loni - - . : ;'-;- y TKla la the Mason wby there Is little de mand for 0rga potatora from California at the moment. -'With Colorado abowtog a pro duction of about 15,000" rars for tbe laat aea ' aoo. Its aid time lirodacUoa record, end wits - rreigbt rates to- tbe southwest lower tbaa Cal- - if orals can secure, all tbe Texas business ba' been gobbled.' -.- , Call font la expected to unload a Very lare per cent of its potatoes on the Texas aa well as Arlsooa inarkete. sad later in Jibe seaaott woatd therefore be In tbe tnaset for Oregon supplies for a large per cent of Its own re quirement. Witb the Texas business cat off, WBiirornia is consuming its own supplies. .About four years age Colorado practically unit the potato business because of tbe preva lence of ao many diseases in tbst section. It turned to sugar beets, but 'two years of bard luck in that market bare forced tbe atate back Into tbe potato column, and a huge aurplua ia now grown, . ...... - Locally there ia little-eolng in tbe potato craae. testers are well stocked witb supplies, sad. farmers- are egatn peddling to retailer. Prices are weaker, but are . nominally -. un- ruaagso. EGO MARKET ON THE FENCE Market for fBS" is on tbe fence end ease count are reported nominally aioua- the street -at li)g27e, witb moet of tbe business at She lower price. Trad in general expecta flower prices lor aionoay. . - - CHICKENS ARE CLEANED UP . Alt chicken supplies were cleaned up at the elosinc of the week's trade a Ions Front street. ('rices sre holding somewhat firmer. Tnrkeya are in liberal supply with demand not quite so seen. . - CALF MARKET IS BADLY HIT Further reports of trouble, are shown in tbe market for country killed calves. , Bale of urae sixes are reported down to lie a poand, with some rather good - atuff at . 6 4 7c and me extreme top for lots at 8c a pound. SMELT ARE OF POOR QUALITY - Most of tbe smelt now comma- to tbe mar . ket are of poor quality owing to the muddy conditio of tbe tirrr. According to f lsbtnc Itterests -the quality of tbe fish Is rained by the sauddy water. SUGAR ADVANCE ISTEFFECT Advance of lSe reported In the market for all grades -of refined aua-ar took effect here - during tbe day. Tbe atrengtb of tbe oastern market la pronounced at recent advances and . witks .rertaer foreign buying. . BRIEF NOTES OF THE TRADE Wool market firmer and. higher In the east. Butter situation remains favorable. - Canned milk market generally firm. klohalr market la firming up witb offers as mien as aoc. Country killed bogs are' generally weaker -ana aragfing. . - " " S"'" SHIPPERS' WEATHER NOTICE Weather bureau sends the following notice to a hlppera: protect shipments during tbe next ' 48 boars as far north aa Seattle against min imum tempera turea of a boat 42 degrees; north esst to Spokane. 82 degrees; southcjst to Boise. ia degrees: south to Ashland. 45 degrees. Min imum temperature at Portland tonight about 44 degrees. ; San Francisco Wool Market San Franciaeo. Feb. 18. (P. N. 8.) Wool. per pound. Humboldt and Mendocino. 8 months' arowtb. 216122c: do 12 months. 2S1 - 88c; middle counties, 8 months' rrowtb, (rood. lifetime; ao fair, jo2i7c; km Biuir and vi cinity, .206223c; southern California, fall and lambs' wool, 126116c; Nevada stock. 18620c, sieoraing to quality. . , St. Louis, Mo.. Feb. 18. (I. N. 8.) Wool; Northern snd western, medium briirht. X1& sac; medium dark, 2931c: hurry slightly, &'Q27c! burry, hard, iu320c; fine light. 24 &21c; fine beavy. 18jj22c; fine burry . and bncks. liJ17C. Soutoern and aoutbwestern tnedlam. &&fb 84c: medium loose and - beavy. ZattQXic: eoarre and low, 2831c; burry slightly, 27 V) CiaWc- burry harJI 17iUc; fine light, 23 a27c; noe heavy, jii:zc. Tub washed, No. 1, 4aO40c; Ko, 81Q d.. k. .. S4JSQU. liohair long, lustrous, 27?27c; snort and cokrse, WfOXY burry. jvtCc San Francisco Cash Grain. San Francisco,' Feb. IS. (U. P.) Whest Far cental, California ciun, gi.Ttxail.75; north' ern club, nominally 1.82HiS1.85: Wnestem, fj02Hw2.07; Turkey rod oortnrn, f z.oz ajii.OfVi: rea ttusaian Bominaxiy i.e2 l.Ni; lortyioia, i.u2mqi.h , Barley 1-Per cental, feed il.to940X.S6H; shipping and brewing, gl.40J1.4o. Oats Per centals red feed 1.301.87t4: d:tto seed, gl.44xai.SOt northern white, IX Ait 1.67 H; bUck. gU7oeti.OO. j TRANSPORTATION r ':;jf San Los Angeles CWltbrat Cfeaars of Boats) -, ' . Tno SlX, fTiean. '. Comf ortablo '' XUegsatly Appelated, . Bs-O0lS4r BteaunsMp . BEAR - , ' SaUs Trom Jaiuwozta Book. 3 P. Mo, FEB. 19 100 Ooldsa auicg on Colamsla HIto All mstoa Xaclnds Sorta aaa Xssas. - - Tables and Psrrtea UassesUso, TBS Baa Vraaolseo St Fortlamd S. BV Co. Third- ut 1VMluBftos SU, (wltA o-w. s. si V. Co.) Toi.sxoae way 4500. A6131. . San Francisco SANTA' BARBARA, LOS ANGfiLES DANO SAN DIEtiO r. , p Steamer Breakwater " D BsJls WsOassaar. . S3, 6 F.K. t '. Ticket ' Office 122A Third Street. U ...4 - - VI . M - M k wucw natkl AO. AXa-i-ft cJ smsw j v a Mrm SAN FRANCISCO Los Angeles - San Diego romortow, Teh. so, loo , M. San Francisco, Pertlsad a Los Angeles Steamncfp Co. - Frank Bollam. Agent. U4 IKISD 8TKEET. , A-l&d. Ksja-Ss. Hogs Advanced 15 Gents With Top at : " $8.15 In the Yards One Load ' of Extra Good Idaho Svrfnf Brings the Premium-- -- Cattle Hold Steady. V - j .- . i. ii , . PORTLAND LIVESTOCK BUN. ' i togs. Cattle. Calves. Sheep. Saturday ; 624 Friday ... 844 Thursday .......... 890 Wednesday ....... 848 Ttxeday 803 Monday -...'..,.....S40O Week ago........... 8!H Year ago............ 2'Ct Two years ago.-,.,,. S88 Three years ago.... 124 80 I : ... m 8TT ... 452 2M4 f 13 51 207J J30 2 .... ' -'. - 2S .. 473 8 2 9 Mot market showed tea 1 touch of strength during the last day oVthe week -at North Portland. One load of Idaho atnff went at $8.15. or 15 above tbo tops of , the last few days, end only a dime below tbo extreme top on Monday. ' r 'i'-J v- . .- There wag a fair supply of swine reported Is the yards over sight, and demand waa good. Moat of tbe good atuff sold st $8, but one wad of extra quality went IBe better. 'General bog market range: Choice light weights.. ..$8.008.18 Good light weights....... 7-90r7.95 Medium weights ............ ....... T.75J7J0 Bough and beavy I.BCdf 7 ao . Cattle Market Is Steady. Only cattle from the Immediate Portland territory entered the local yards over night. Nothing la tbe topper class was available, and quotations for that class of staff were not tested. In general the market, while gull. Is considered steady around quotations of the last' few days. . . - General cattle market range: Choice pulp fed steers... ........... gT.flOOT.78 Choice grsla fed steers 7.407.M Ordinary grain fed steera. .......... 7.07.60 Choice bay ted steers.... T.1S47.36 Good steers S.76J7.00 Ordinary to common steers......... g.OOtfd.ftO Choice cows ....................... 6.73 Ordinary to eoaaraOB COWS. ......... g.0000.50 Choice) heifers ..................... S.TB Ordinary to good heifers,..,,...... 4.O0A8.75 Croice bulls 8.7664 50 Good to (air bulls..........w.,...., 8.0)it3.90 Ordinary to common balls t-tfi.7 l',est Jigbt calves 8.00 Good salves ...... 4... T.OOfll.60 ' Hanaul of Mutton Hsrs, . Just s haadful of mutton srrivad In the North rortlsnd yards' over night, and these were from local points.' r- General mutton and lamb market conditions st North l"ortlnd are extremely good, with full prices being offered. Geuersk motsun sud lamb range: Choice weight lambs $3,711)3.00 Good to eotumoa iambs 8.00(8.60 ibolce yearling wetbera 8.00 Good to common yearlings.. TXHJD7.78 Old wethers , , 6.75 Choice light ewes 8.7387.00 Gcod to common ewee 0.04QS.M Saturday Livestock Shippers. Hogs C. K. Locke, .'Canby. 1 load; Sol Dick erson, Welsee,' Idaho, 1 load; "Dirkeraou A Ualley, 1 load; J. M. Grlgbaum, 1 load. Mixed stuff Jack Davis, Bldgefield, Wash.. 24 cattle. 78 bogs snd 2 sheep, by boat; C, B. Locke, Eatacada, 1 toad cattle and hogs; J. M. MbOtler. Hubbard. 1 load hogs and sheep. Triday Afternoon Bales. U0G8. Av. lbs. 188 . 100 204 , 415 255 yiot 120 t 242 248 180 104 ., 104 BULLS. 070 1240 ; i ......... . . . ... .... 700 .,...... , 700 KTEEKS. ....OBI 030 , . COWS. .;.... ...,,. 1180 .1060 1100 No 6 hogs 27 hogs 25 bogs 2 hogs 2 bogs IS bogs 1 bog 81) hogs 87 bogs 48 hogs 7 hogs . 637 hogs 1 bull 1 bull , 1 bull , I boll , Price. $8.00 8.4)0 7.90 T.OO 7.00 6,75 6.75 8.10 8.15 8.00 8.00 7.00 $4.23 $4.0O 8.50 800 $6.23 5i0 r 88. N 6.25 S.OO 6.00 4.50 .400 00 $6.10 , 8.00 IT 1 Stl steer 0 cows 8 cows 1 cow 6 cows 1 cow 1 cow 1 cow 1 cow 1 cow .... 813 ,,.,1080 .......lllU .-. 70O 050 680 Saturday Morning Balsa. HOGS. No. , , Ave. lbs. 7 bogs 141 6 hogs v. 175 13 nogs 100 7 bogs 14 8 hogs ieo 73 bogs 151 4 hogs 122 5 hogs 153 LAMBS. 7 lambs 70 Price. 88 -Oft 8.00 8.0O 8.00 8.00 8.00 8JKI 6.73 $85 BOSTON COPPER QUOTATIONS Boston, Feb. U. Copper bids: Adventure ... . 24 Mayflower ... Ahmeek .........102 Ailoors ......... 72H Arcadian ., Alaska .......... 22H Baltic .......... 8 Belmont ......... 4H Bohemia ........ 2 Butte Bal 4M Butt Bnperior... S3ii Cat. V Arls...... 74 Cal. Hecla....580 Mexico Cona. . Miami ....... Michigan .... Mohawk .. 41 .. 37 .. 1 .. 05 H .. lev Nevada Cons.. JKlpissing .... N. Butte.., 2fi N. Lake... lft Ohio Copper 20 Old polony 3 Old Dominion..... 70 Osceola 91 Qulncy .......... fl Karen . is Canada ... 1 Centennial i..... 16 Chief Cons....... . 1 Chino , . 5 Bay Cons 25 Oons. Coo. Mines. - 2 Kixer, ttege.uo.,c. o Santa Fe 8 Shannon 11 Shsttuck' ........ 8SV Cop. Bange...... 604 unvi ueaerve... ou Daly West....... 244 lie via-Daly ...... IS East Butte....... 14M. Stewart ....45 Success .......... 88 Sud. -a Boston.... 8 First National.... H Franklin JO Gold field Cons,,. . 00. GreeDe-Cananea.. 474 Granby.... 02 Helvetia ........ 40 Houghton ....... 40 Indiana 5tt Inspiration ...... 46 Isle Boyalo 28 Keeweena w-s ..... 8 Kerr Lake.:..... M La Salle 4ft Lake Copper...-. 17 McKinley Darragh 44 MajesUo ........16-16 Meson Valley... 8H Maasv Raa 50 i Swift Packing.... 126 Tamarack ........ 65 Trinity - OU Tuolumne ........ 18 United Fruit 143 U U. Profit Eharlng. 114 U. Mack. ........ 54 H U. Macb.. nf 28 V TJnlted Zinc. 81 U. S. Smelters.... 634 U. 8. Rmelrrs.of. Aov4 Utah Apex. ....... 4 titan fjons. ....... iShk Victoria ......... 4Z Winona Wolvertn 66 Wyandot ........ 214, Mass, Mining..... 184 Yukon Gold.... 2)4 Chicago Produce Market. Chicago, Feb. 18V (L N. S-) Butter stronger, .egg lower. ' - , Batter Receipts, C23S tube: . creamery ea tias. 8232Hc; extra firsts; 3033c; firsts. 27 tjaOc;- seconds. 2426c: dslries, extras, 81c; firsts. 28328et socoads, 23c; packing stock. 196200. Eggs, receipts. 2748 esses; firsts. 2323e; ordinary firsts, 2z2V&c; miscellaneous) lota 2023ci extrss. 27j2Sc; storage Aprils. 12 iliac. j I- y , ,- New York Cotton Market. Open. Jansary 12l March ......... 1140 Mav ........... 1172 July ........... 114 October ........ 1212 bepteraber ...... .... December ...... 12Z4 High. i2.to 1131 117T 1197 . 1214 Low? 1228 11:14 1160 1180 1200 12"-'0 1139 1161 1181 1200 120U 1214 1223 , 1214 Various Wheat Markets. - LlverpooW-Cash wheat Hd higher. "Chicago Cash wbeat lvme tower. Com. gooo graucs, w lower. ampie i'tVJC tower. , as4c wwer. sample JC XOV lay $1.264 A; July $1.2tiA. May $1.20 ; , July $lJMt4A. is May $1.25 f inly. $1.2444 l'muio assy si.zu' Winnipeg sii MinnesDolis Kaussa Cy. May 81.18H; July $1.16. Kew York Sugar and Coffee. " Kew - Xork, feb. 1. - Sugar, ( eeatrifngal, S3.06. '- ' Coffee New Tork spot No. 7 Bios 9 tte; No 4 Santos lc - PRODUCE WANTED ; W offer: Hogs. ? Sfc L 89e per IbT Veal, No. 1, SOlOe per lb. Hens and springs, 15c per lb. Broilers. 20e per lb. Butter, 18c per lb.: 10.000 lbs. of country ' killed beet wanted.-. Ship st once. Price 6S?Se per lb. Hlpheat market prices guaranteed on eggs snd hides. . No enmmimioa cusre-ed. Checks mslled daily. THE 8AVLK AB CO., 687. 8C 7-509 Stark it. . . IN FINANCING " FRUIT GROWERS CAPITAL 111 PORTLAND: : FAILS TO RALLY. TO FRUIT MEN'S SUPPORT Loss of Dornlnatliur Influence of Trade by This City Ihte to Lack of : Financial Assistance, ' Charge , of Arthur M. Gear. 'r That Portland has lost control of the fruit distributing business of the Pacific northwest and that Oregon fruit, which Is the best in the world, no longer has boms re presentation. Is tbe sssertioa of Arthur M. Geary. well known aathorlty. . --y - '"It is surprising to me," ssys Geary, who but recently ba returned from circuit of tho-Wenatcbee, Yakima, Hood Blver, Idaho and Rogue River. valley .fruit districts, "that Portland- has been ao completely crowded out of the fruit shipping business, southern Idaho, Hood Blver. Kogn Blver and Yakima dis tricts are as l tributary to Portlanv as to Spokane or Seattle, but hardly a ' box of fruit from these districts Is now shipped through a Portland office. ' - "Portland has not takes kindly to tbo fruit business, is ths eomplsiat that I have heard shippers make. One or two organisations have begun their existence here, but since have either moved so Seattle oe. Spokane or gone out of sxistence.- The advancing of money to grcwers with which to take car of tbeir crop requires careful attention to be safe and tbe shippers complain, that it was difficult to get tbe 1 backing here tbat they needed. "The North Pacific Fruit Distributors cleared through' tbo Spokane banks during 20 months In tbe years 1918 and 1914 the sum of $5,. 708,261.04, A good share of this money- repre etrted fruit grown la-Portland territory. "Ths North western Fruit exchange, which Is second to the North Pacific Fruit Distrib utors in solum of toonsgo handled, actually waa located la Portland for a year or more, but now occupies most of a floor In the Stuart bvlldlng, Seattle., "Aa soon as difficulties struck the Jrnlt rawing business a greet many of th4 stsble business mea lost all interest ia tbe unfortu nate growers who bad bees led to invest in fruit land at exorbitant priees. The men in tbe orcbarda today have not the problem of production to fear ao much as that of proper marketing. The northwest has thoroughly demonstrated tbat It can raise ths finest ap ples la the United States, snd put tbm up la tbo most reliable and standard packs; but it has yet to prove tbat tbe growers caa pro duce sn efficient marketing machine. 'California growers through the California Fruit Growers' exchange, and the California Fruit Distributors are marketing over half of the fruit crop of California. They have their owa agents in the great suction markets' snd d J not depend upon the established Jobbing: nouses for distribution ta these places. In the country snd small e?ty markats the Call fornlans dlstrlbuts their fruit through the pri vate sale method, aslng the. stores of the Jobbers. They are able to. sell thglr fruit for cash in tbe private ssle markets, because they slwsys have the great . clearing house markets farther east to unload upon in case the Jobbers will not psy the price demanded. "The Callforaians tske their fruit to where t).re is the greatest demsnd for it and then lei: the, law of supply snd demsad rua Its ccoree. ' - "The orebardlsts of the northwest need the help of the Portland bosineea. Growing fruit takes a great deal of atudy and much bard work. Marketing requires much study and sffort, too. The grower caa not conquer both of these problems without the help of tbe business maa.'1 . SOBBING PRICES Of PORTLAND These prices sre those 'at which wholesalers sell to retailers, egcept ss. otherwise- stated: . Dairy Preduee. , .- EUTTTB i City creamery cubes, extras. 82c firsts. 80c i seconds, 88c; prints and ear tons, extra; country creamery, cubes, 2502e; storage. 9425c; Oregoa dairy, lS19e. BUTTE KVAT Portland delivery No. 1 soar eresm, 82c; No. 3. 80s. ILOGS Belling price by dealers aasettled. delivery extra Selected fresh. 28e per. ana.; esse count, Oregon ranch, 26Q27e. LIVE POULT KX Mens, bsavy Plymouth Bock. 18c; ordinary chicksns. 14c; springs, 1U to t pounds, 15c; turkeys. 2Sc dressed, fancy, 2Si27c; calls. 20aic; pigeons. $1.00 1.25j squabs, $1-20 doaeoi weese, live, 10i lOfee; lb.; Pekin ducks, old. lo lb.: young and beavy. 18c; Indian Runners, 18J14e lb. JACK RABBITS Fancy, 75c4i$l doses. OURESB Seillaw prico k'raata Oreiroa fancy full eresm twins and triplets, 2223c per lb.; Young America. 2324c. Price to Jobbers Chits, 20e; Young America, Zle f. o. rich, UO'Mct ilmberger, go lb. .; cream rnits aaa Tagataalaa. - ' FBBSH FBU1XS OrangSs, fancy aareL $2.K04.25; bananas. So lb.; iemooa. $4.oOCJ 4.50 box; grapefruit. Florida, 8405JS case; pinespplea, 5Vic per lb.; pears. $1.7o2.oa tsngerlnes, $1.60 box. ' APPi-hJ ieal, k .1-2563.23 per box. accord ing to quality. , . 1 ONIONS No. 1, S2JO per eeatal, association aeliUig price csirluads, t-X f. o. a. country points; garlic. 12e lb. POTA'IOICI tieliing price . LocaL . $1.40Q 1.65; buying " price, per centai; sweet. $a.25sj8-60. VtGETAHUkl lurnips, $1.00; beets. $1.00 per sack: carrots. Sl.uo per sack; paranins. $1.00 aaek; cabbage. $1.501.75 ewt.; green anions. 2Uc oer Uos. bunches: pepDers. Flurlda. 22 bead lettuce, CaUfomia. $X50 per crate;, celery. . tiuuiuu., r.uuintr, uui- fornia, $12 5 per dosen; French artichokes, $1.40; string beans, ();-- hothouse cucum bers, $l-23Wi-60 dos.; tomatoes, California ( ); egg plant, 20c lb.; sprouts, 8c per lb. ; cranberrlas. eastern, $UJM)4i 12.00 per barrel. Masts, riah and Proviaieaa. - DRKS8KD MKAT8 Selling pries Country killed: Fancy hogs. Se; poor, 7(J8c; fancy veals, 8e; ordinary, et$7c; poor, 6c; goats. 2Vtt4c; spring lambs. 10c; mutton, t&ac lb. MACON, sit, - stains. sas2uc; brearsfsst bason. 18u)Xte: Bobesl hams, gae picnic, HVsc: cottage roll. 14c; Oregoa ex porw, 12ui4c per lb. - UV8Ta.UA ulyuioia. per gallon, gg eaaaod eaatrrn. Sbe can, $0.00 ooaen; eastern ia shell. 11. t per 100; raaor clams. 12te aoaea; aaaf ern oysters, per gallon, solid pack, 84.00. FISH Dressed tiousdera,- 7c; steelbead sal mon, 12c: Chinook, 13c; perch, 7Sc per lb. 1 lobsters, 2Se; silver smelt, 6c; Balm on trout! 12c lb.; halibut. 8fet12c ColumbU smelt. 84c; torn cod, 7c; biack bass, 7c 10. CliAbS Larss. (osusum, oitu dosea. eundsrd, 4e. LAtU Xiercae, ksttle resdered. . ue: stauuaru. Vic. . , , h Oroceriea. ' S7JGAB Cube,' $7.40j - powdered. $7 fruit or berry. 7.(x; beet j dry gr.ua la tea, 7.oo; D yellow, 0o.. Above uaoi tluns in SO days net cssb.y - , uc sts . . 4c. New Or- Icsus, bead. b44AVxC; blue rose, ub BAL.T Csorse, halt grosnos, . IOOm, $10.68 per tou; 60s. gllo; table dairy. 60. awj los. 17.60; bals, SASa; lamp sock. 4) '"wBANS Bmall white, $7.25; largo walbi. flXZi pink, ad.76; luuos. 4.uv; bayvu. s.7o; s-jfl - StLaHr - Bops. Wool and Xidsa. HOPS Nominal, buying price, joig eroo. choice, iZteWJae- at., prune, jiC; medium. -MONs5Yrew, 83.25 $.80 per case. ? ' WOO!-Nominal. 1W4 clip; WlUaaette val ley, coarse Cocswold. 23jitfoc: metliuas Uhron-. shirs, a-Woc; choice laucy tots. c saatora Urrgon, I4vj22e. v '. i . , HlDKS Dry tong wool pelts, i7e. -r wool pelts, JUfc: dry sheep shearings, iiiS. V4lbe; salted .sheep sbearwgs, each, 15tt25c haUed hides r tai lbs. and sp 16c; aaited .Ssi 6 lbs. and up) lie; sailed hip 116 16. 10 ii lbs), lbc; salted calf yap to 15 umi .. .aTT gieea'hide. t U ami up,. lavJeea sugs too lbs. and up), gjfcc; gree? klj u lbs. to a lbs;). lOc; green calf Up to loins.) 18c: dry flint hides, atte; dry fiat eslf Up to 1 lbs). 2ac; dry salt hides, stle; or ihlnj!. Mdea. each, 78o to $1 JO; tu.lt liunihSs. iXuj to $a.Oo; horsehair, e. . .t TALLOW No, 1, ; No. 2. 8e; gso."n CUITTIM OB CAUCABA BABK -Buyar Elicea. per car lata, 4e; tS thaa car louJ f 5 hWUAlB--lM. Me. - e. ; ; , 'i? Paints aaal OOs, ' f , r.TKKiriCD OIL Baw. bbla ie -n . tie boiled, bbls-, le; raw esses, trc; boUed. csaea, Be gal-; krts of 250 gallon. )e lewsTV Irou tMirrels. lOe. . ITJBPliNXINit aaks, 7c: cases. 74o gai . WB1TH WAloa;Iots,Se IV.; ,800 Hl lots. Sine; sesg lota, c per Jb. . , ! - OIL. MKAl carload lots. 84. car lots, g3u.su. i QAJioLdSO Bulk. 16e per galloa- When writing et or ceiltng . oa advertisers. - tAdv. please mention The Journal. FairctivityIs Shown in Hops .at r Full FormerPrices OresonJBnsineas Ia Not Being Made - Public ' Some . Sales " Re- ' , ported in California. ' . - Quite 1 fair business coktlnne la the . hop market along the coast with trading princi pally la ordinary quality stack. White the activity is most marked 1 Callforsla. quite fair trading U ". shown la the WUIamette valley,- although . tbe latter Is hard to con. firm because of the -desire of both buyers and sellers to keep actions secret, - Liberal orders are reported hero fee bops around 114212c a pound and some buslaesa at this range to reported although nothing to the choice class Is obtainable uuder ixV&Qlsc pound. ' ' jrorelga toarkeU conUnna firm with Eag snd quoting strong at 80c a pound and lit. tie offering at that price. Stocks arc reported as exceedingly limited. Donovan ia reported the purchaser of 250 bales of the Lee man crop at Sacramento at le a pound while Borst is said to have pu-chased the Weyats crop of 230 bales in the same section at a similar price. Eleven cents is reported offering there for best froldings with no takers. . Chicago Wheat Is1 Some Lower After A Higher Opening - Chicago, Feb. .(!. N. 8-) Wbeat dosed lV4e2e lower. Trade ia wbeat today was cot unnsuaUy large, but there were, signs of liquidation, and It apparently waa a realising market. Prices opened hie up ia both classes, A reaction sst m which carried . quotations down to a level considerably sndor yesterday's close. BoBthwest free offerings of wheat probably had something to do with the weaker market. , Cash whest wss 4c lower. Omaha reported farmers selling wheat. Everybody seemed desirous to sell earn sad oats.; Nearly all ths btg commission Bouses had stocks for sale. Week-end profit taxing undoubtedly was behind this movement. Little export business wss reported. Opening prices hi both grains were about steady to the clos ing range yesterday, and the reaction was not as sesero as la wheat ; , Bange of Cbicsgo prices furnished by Over berk Cooke. Co., 216-817 Board of Trade building: . ' " - rvmsAx Opet High. Iw, CToee. 190 - 1274 . 1S7H 124V4 122 . m CORN OATS 48H 47 47W 46 45 . 454 PORK " 2096 2065 2070 2090 2079 2075 LARD 1042 JO30 JO 1000 104T 1047 BIBS 1162 1153 1152 1170 1182 1162 May ... July ,.. May July May July May July May , July Majr Jul 794 T$S 4H 46 2087 2000 103T " 1050 .....1153 1113 AMERICAN LIVESTOCK PRICES Chiosgo Hog $8.85. Chicago, Feb. 19. U. N. B.) Hogs Be celpts 22,00(7. firm at yesterday's average. Bulk. $8.108.30; 7.T580; . m?d. $8.008.80: heavy. $768.85; tough, $7.jQ 8.10; pigs, $6.257.40, Cat Us RecelDts 200, steady. Native beef steers, 86.o3iB.65; western steers. $a.70a 8.75; stackers snd feeders, n-WQJ-Jgi and heifers, $3.1508.20; ealvss l8011.25. Sbeep Becelpte 1000. steady. Wethers 87.75 SJH; lambs, S0.0Oll.35. - Kansas City Bogs $$.S0. v Kansas City, Feb. 10. (I. N. 8.) Hogs Receipts 1500. steady. Bulk $7.1fif.l0; heavy tH.oOfe8.20; packers and butebera 874M(38.15; Ugbt, $7.6508-00; pigs. $6.6Oi7J0. Cattle Receipts 100. steady. Prime fed steers, $8-40&.00; dressed beet steers. $7.001 8.40; western steers, $6.768.40: stoekers snd .'eeders. $6.000,7. 75; bulls, $5.26(36.60; calves. 8O.OOCJ11.00. , "-,a. Bbeep Boeelpta none, steady. Lambs $10.40 eil.oo; yearlings, $9.2610.00; wethers, $7.75 Ji8.35;Igwes, $5.25tj7.75. St. Louis XCogS $8.40. St, Louis, Feb. 19. (I. N. 8.) Hogs Re ceipts 5600, steady. Pigs and lights, $6.60Q 8.SO; mixed and butebera. 88.106iS.3S; good, beavy. $8.308.40. - Cattle Receipts 800, steady; naUve steers, 8S.70iSV.60; yearling steers snd heifers, $8.60 9.50: rows $5.60 7.00: stoekers snd feeders, 6.507-.5O; southern steers. $5.258.00; cows and hslfers, $4.00a.0O; native calves, $8.004J 10haep Receipts none, nominal. Tesrllng wetheri. $8.00vM.OO; Umbs. $9.00 U JO; ewes, $.6O8.10. J- Omaha Hogs 88.40, Omaha, Feb. !. I. N. S.) Hogs BeeetPts 14.10ttVteady. Heavy, $758.40; light, $7.8008.00; plga, $0.75437.76; bulk of alea, Cattle Receipts 100. teady. Native ateers $6.258.76; cows sna neiren, o.iu,w-"i western severs, t6.004s7.75; Texas steers, $5.70 (26.70; stoekers snd feeders, f ' wm.. SLeoadnca 44O0. stead v. Tesrllogs. t8.254i9.75: wsthara, $7.233 8.60 lambs. $10.60 Denver Hogs 87.80. Denver; Fab. 19. Cattle, opoe; tejT- - Hogs COO, strong to 10c higher. Top $7-90; bulk $7.80t7.O. ; v, . Bheep 500, strong. Seattle Hogg 18.85. Seattle. Feb. 18 (P. H. 8. ) Hogs Bo ceipta 866, steady. Prim lights, 83.25; me dium to choice. $S8-10; mooth heavies $7;60a7.75; rouga heariaK $7467.25; pigs, $7 Cle--Bcelpts 1, steady. Best steers, t".W7.85; medium to choice, $7.2887.50; commoa to medium, $8 -5037; best cows, 5 78 tittsai common to medium cows, I3.504J.5; bulls. $8,5045.50; calves, $7J508JiO. m Knee p Receipts none, steady. Lambs. $8.73 ; yearlinga, 70375; owes, $5.00 S-60. : . . ,- : Today's shippers: . Hogs P. J. Queensbury. Outlook. 101; 7. C. Bufcwell. Grand vlsw, 196; J. M. Balcoow Orandview, 93; B. C 8irrensos, Great Falls, Moot- 261; Merritt Capps. Great Fella, 100: William Steward, North Yakima, 106. X Csttls J. O. Buswell. Orandview. 1 bead. BAKK STAlX31E3iT OF Portland Banka, i neaHnn - This Week. COAST Tear Ago. $2,970,542.20 2.028.026.90 2.012,21341 1.773.515.01 1.685,176.21 1,630,506.41 Monday ....,.$2,827,150.55 Tuesday 2.2O0.4 17.26 Wednesday 1,913.211.90 Thursday 1,803.211.80 WM 1.852.513.66 Saturday .......... 1,441.061.33 Week ....$11,538,166.48 $12,000,839.74 Seattle Banks. Cleartnga Balances .$ I,8a.0ft9.00 . 180.04S.09 I Taooma Banks. : Clearings Balances 816,430.00 : 54,442.00 Saa Fraaoisoa Banks. .,...,. . . ,.,..$ 8,996.549 .00 Clearings Ls Angeles Banks. Clearings $ 8.829,532.00 PORTLAND FIRE RECORD rrlday, t 11:44 a. m. Tom Burns, 24 North Fourth street; sparfes on roof; slight damage ' 10:28 p. vtn. S: Swanson. 21 West Preacott street; spontaneous combus tion; loss. $800. .. . ' . . . Sataroar. " Ho flrea, ' r -'- Overbeck & Cooke Co. . '. etochs, Eon da. Cotton, Grata. Cta. : ' Bnari at Trmds Snllollnw.. DIRECT PRIVATE WIRES' TO ALL EXCHANGES hletnbera Chicajro Board, -ot Trade. -Correapondence of Loran Bryao . : . CJJUc&gro. New York, tdlfi by Ryxaaa H. Cobra IS - STRONG FACTOR AND SELLERS HOLD FIRM Interior's Horns Requirements Are ; Ileary and Prices Available Are I Better Thaa 'Shipper Will i Pay OktU and Wheat Ileld. , Barley as worth mora comparatively speak ing,, la the country thaa at tidewater, . Be cause of the homo .demand tho interior la able to secure better prlca offers tor its barley supplies than . (or outside - shipment. Tfata, tlierefora, has resulted la a very small ouc vsard movement. VV.bet bids are not acceptable to Interior holders at the moment and the selling there seems to bare subsided almost entirely. Neither millers nor export Interests are able to pay the prices demanded by country holders. .. : A similar condition 4s showing .la regard to oata. While there la only a tair demsad foe osts at this time, tho country is asking more' money than the trade price limits afford. ,- Hay market is quiet, but shows extreme prices continued. Millstofta . are (teas sad rather active at full prices. - .' Grain bags are nominally quoted with prices stronger. ---, . --.,- ' PLODB Selling price: Patent, $5.60; W1V lamette valley, 85.60; local straight. $3 .004 6.40; bakers' local, $5O5.60; MobUbs spring wheat, 86.301 ; exporta, $4.80428.00; whole wheat. $7.08; graham. - So-SOt rye Cour, 85.05 per barrel. .- HAX Buying price, WUIamette valley tim othy, - fancy, $16.00; eastern - Qregon-Idshe fancy timothy. . $18.00 1 aUsUa, 82021.00; vetch and oata. $13.00 16.00; eaover. $1X60 U4W, - y . (iatA-in OACiva 4sio, nominal: No. 1 Cal. cntts, 18Ql4e la ear lots; less asaounts higher. MILLSTUFPa Celling price, carload lotat Bras. 823.50; shorts, $26.00. 1 ROLLKD OATS fa.5o6.75 per barrel. . . BOLLEB BABLiy silOaaO per toa. ' K0BTHWE8T GBAIN BECE1PTS. ;j Wheat, Barley. J'lr. Oata, Bay. PorUand, Sat... 8 Year ago. ..,., , 80 1 22 4 11 SO 104 S 1322 1190 1664; 1631 " V 4 .... 487 .... 45S .... S 4T 1 . 10 1082 159T .... ... . . 18 T 16 T5 10O 41 818 1643 1677 ' 1521 1 . S 11 29 25T - 1735 823 2318 4 IS 1 14 T47 . 80H Total thla week 80 xear ago 413 Beaaoo to date.. 0,118 Year ago. 14,064 ?acotaa, Friday 20 ear ago 99 Season to date. . 6,832 Vear ggo..-...., 8,017 Seattle, rrlday. 20 Year ago ft Season to date. . 6.587 Ytar ago 6.279 895 1704 060 8453 "Wil A v asBAasA CAAJBI WvCTsm atiFaf1Osff Tjcshela whest; last week. 36,025 harreU et flour. aV'w-aana.eai fumt . Dna4laaiJ avt. t ..S- ' nrr ro. Comparative wheat bids: Saturday. I'rAgo, Bluestem Portyfoht Club .... JOT 154Vh T v r 153 6 158 : 96 144 1424 Bed Fife ... Bod Russian .a................. Wheat bids on the Portland Merchants ex change closed weaker god lower. In samps thy with the Chicago loss, although cash stuff wss again V&d higher at Liverpool- February bids hero were e off for bluestem, and le each for forty fold snd the. red varieties. Club waa unchanged. Mo sales. , Oata bids were dowa 23c from Friday, while barley waa unchanged. Merchants exchange February prices: . WHEAT. - -. ; , . Saturday- Fri. -'-Moo. Bid. Ask. 107 113 97 107 96 105 96 Bid Bluestem ...... Forty f old Club .i........ Bed Russlaa... Bed Fife 109 10T 98 9 7 97 07 94 94 4 .. 86 OATS. ..2000 2700 BARLEY. ' ..S90O .... MiLL8Ttrrrs. Feed Feed 2625 " 2600 2000 S900 Brsa ...2150 2400 Shorts 2350 2000 Futures were quoted: WBEAT. 21 IK) 2350 SI 60 SSWO Bid. . 108 . 108 . 98 Ask. 115 114 108 JOS 10 106 March blhestem . . . April baflestem March tfortyfold ................ April fortyfok 98 alarm ciuo ...................... vi, April club ... ,.. ...... 97 March red Fife .................. 99 April red Fife 96 March Bussian 96 -, ... April Busalaa OS, ... , FEED OATS. March. 2C2J - F750 April .........,.t50 2800 FEED BABLET. March ...........................2900 ' .... April ...........2900 . . . March bran ............ 2200 2400 April bran .......... 2200 2400 March aborts .......77.. ..2400 , 2000 April snorts ..... .....24O0 2000 DAmiT PRODUCE OX THE COAST Seattle Market. Seattle. Wash.. Feb. 19. (C. P.J Butter Pfatlve Waahisgtotv creamery, brick 84c: na tive Washington ereareery, solid pack. 83e. Cheese, Oregon triplets, 20c; Wisconsin twins. 2ie; ditto- triplets, 2ie; Wssblngton twine,! c; Young America, 22c, ; Bggs Select reach 80c. , . Saa Fraacisoe Market, ; -Saa Francisco, Feb. 19 (TJ. P.) Butter JCatres. 82c; prime firsts, SOtte; firsts, 29a. . Eggs Extrss, 22c; pullets 20c. Cheese CsUfarnls fancy 18c; firsts, MftC Xe -Angeles Market. Los Angeles. Feb. 19. (P. . S. Eggs Case count, le. ----- . Butter Fresh, extra. 32c. POTATOES AtjOXO THE COAST v - ' Saa TrhaeUoe KarkeL- . -San Francisco, Feb. 1-U. F. ) Potatoes Per cental, delta extra ex-wbarf, $1.25(81.40; ditto extra fancy, $1.501.65; fancy Salinas, $1.902-15; Oregon, $L8022.00; sweets, $2.2$ for cellar. - X. Onions Per cental. California ex. Ice honse, river, $1-T62.00; Oregon, ear, $2.0022.28.., .- . Seattle Market, Seattle, Wash., Feb. 19. (U. P.) Onions Oregon. 2t4c; Xsklms. 22Vc . ( Potatoes White river, $252T: Yakima Berbanks, $834135; Xaklma Gems $3234. ., ' r- :-;.;r...f--.i if Oregon" Apples in South. ' San Francisco. Feb. 18. Apples, per box, Oregon and Washington: '. Spitsenberg. $1.30Q 2.50; Ben Davis,. $L001.60; Roman besu- tlea. Sl.00ai.5O; Winesaps, $1.0001.85; New. town Pippins, $L0Cxt'1.25; Black Twig. $1.00 jOlO. COUNTRY DETtlAND yHE man who clearly, understands " how to use the bank has a great ad vantage over one who does not. P ' This tjank wishes to help its customers,- because it realizes that - the interests ; of the bankr, its customers and tlje com munity are in common. - ; The First National Bank Of Portland, Oregon- ' ; Capital and Surplus ' - - $3,500,000 Kuhn-Loeb Talk ; Gives Rock Island ; A Stronger, Tone ' Kew Terk. Feb. .lv (L H, S- Seattsreg abort covering was the principal feature la the openiBg stock market today. The fact that foreiga selling baa subsJaed for the time being eccouraged a reaewal of bullish tactics in ths copper list. The rails ss a class were slightly ap and firm, bat only the leaders showed any activity, Therev was ah increased disposition oa the part of traders to tske ta steel stocks. United States Steel appeared well liquldatod. Tbe stock fluctuated 00 a small range from an opening at 83. Strong Interests were report, ed buying Bock Island, and it was Intimated that the company may be reorganlse4.by Knha-Loeb Interests.-..-; ; v? '-r - - Canadian Pscifie opened at 169tt.' Baltimore Ohio 87 Vi. Reeding 784, Southern Pselfie 89. and Union Pacific 1344. Cmrihls Steel opened at 804. sod sold up 4 to a beavy volume of tradiag ia the first few minutes. Bethlehem Steel opened at 475. 1P points ever yesterday's close, and sold up to 479. United States Steel opened at 84 up, and advanoed M at first. Anaconda opened at 89 ft aad ad vanced to 90. Butte A Snpertor opened et 94, 1 point over Friday's close, Chino opened at 594. immtratlon 46 and Utah at 85ft. The closing wsssteady. Bange of New -York prices furnished by Overbeck A Cooke Co., 210-217 Board of Trade building: DESCRIPTION I Open! Highl LowCIoe 22 Ailis Chalmers, e. ..... Allis Chslmers, pf.... Amencaa xteet eugar, ..uicricvis v.a u. . . . , Amerieaa I as, fr.... American Oar Fdy., e. Amerieaa Ceti Oil. American linseed, e. . . Amerieaa Li saved, pfdl American loco.. c , . American Smelter, c, . ASLcricasr vmetter, pt Am. Tel. A Tel........ Amerieaa Woolen, e. .. Anaoonda Mining co. Atchison, e. ......... Atehtoos, pf.......... 109 IlOg ni lawin mmm r ..... . Baldwin Loco., pf. ..... mitimora, er unio, t 87 zeuitiieiii cuki, Bethlehem- Steel, pf . ... Calif. Petroleum, c.;.. Calif. Petroieom, pf,,. 1478 . Canadian ractiic...... Oeotral, Leather, c..,. Central Leather, pf, etiesapeaxo unto. l-ni.. as u ., v.-.. .. , Chi. A O. W., nfM,. C. M. A St. P.,.,.. ..... Cbl.- ck n. V,f e...... Chino Copper,,.,-..... Colorado F. A I., c... Consolidated Qas..... Cora Products, c... Cora Products, pf.... Crucible Steel, c....... 128 128tl28 , . 43 134 Crucible Steel, pf ...... lienver as lU u., c. . Denver A B. G., pfd MstUlers ........... Erie, .. ............ Erie, 1st pf... ....... General Electric. . . . 01 General Motors........ Goodrich Rubber ...... G. Northern, ore lands l - Mortnern, pr...... Guggenheim Exp...... 120 tilde A Leatbar, e V sa ueUMr, sr.... le A Leather, pf,... Securities, ,. ....... nolo Central........ ruue 61 81V. 6O Ice 80 80 Illinois 10S4 103 IO81 152' Industrial Alcohol.... 158 luspirauoa 47 110 46i Int. Harvester......... HO Uterboro. c. 17 " Interboro, pfd...,.., Kansas City South., C 74 28 1 e 26 Lehigh Valley Louisville A NsshvtBs. Mexican - Petroleum. Miami Copper ......... M. K. A T. e.. ...... M. K. A T.. pfd...... 106 107 106 7 S7 6 5 miwwun rscu.o i,! National' Biscuit ....... 123" National Lead ....... Nevada Consolidated.. New Haven .......... New York Air Brake.. New York Central, , . 69 16 68 4 68 9 16 68 88! 145 144 144 105, 1UO luo 28U 11T N. T Ont. A W... Norfolk A Western, c. 117 117 117 Northern - Pacific . .. . Pacific Mail ........ 118 11 118 ' 4118 5773 19 87 17 57 18 67 Pennsylvania, Bfilwsy IRIK, W ......... 104 --. 104 103 Pittsburg Coal, c... Presaael Steel Car. c. 81 84 50 81 84 66 86 bs Pressed Steel Car. pfd. Bar Coas.. Copper .... 102 25 25 25 25 41 62 19 Ksliway isteei springs Reading, c. Beading, 2d pfd. Kepuouc i. m e.... Bock Island ......... Bock Island, pfd,...,. Sears. Roebuck A Co.. Studebsker, e. ........ Btudebaker. ofd.....',. 52 10 63 1 ITS 147 147fl46 144 109 Skns Sheffield ....... '7 9 7 67 99 Southern Pacific...... 100 99 20 Southern Railway, e 20 Southern Kailwgy, pfd. sees 58 Teaa. uvper 5 58 Texas Oil ........... 208 7 "xexas a acjuo ........ Third . Avenue ....... Union Pscifie, C...... 134 134 Union Psolflc. pfd... U. 8.-' Bobber, e...... U. S. Rubber, pfd.... U. S, Steel COt .... U S. Steel Co., pfd.. Utah Copper ........ Virginia Chemical, c. W. 1J. Teleaaraub.... S2 62 82 62 106 107 84 84 M 85 Westiaghouse Electric I Wisconsin Central Wool worth 121 121 'Ivtsl sales, 258,900 shares. "Eastern Barley Markets. Chicago, Feb. 18. (I. If, SI .- Bariey eteady; ataUlag, 78QJ8c., Kew York, Feb. 18- (L K. 8-V Barley tsady, S2l84e. . , Kansas City, reb. IS. (L K. S.) Barley, : m , ' Sugar Futures Easier. . New York, Feb, U. N. S.) Market for raw sugar nominal. Molasses -.$4.2804.81; centrifugal, . Ag.OOiii5.0S. Market for refiaed firm. - , - Tho market for sugar- futures was easier, under - scattered liquidation, closing 1 to 8 points. set lower. .., .'-',."' . Metal Blarket Strong. Kew York. Feb. 10 L N. S.l The copper market contlased very for delivery - this Side Ursa, with quotations of June nominal at $28.50, while leading si agencies onotaMl tram X2T W270 for June and later deliveries. Mar ket for Iron unchanged. ' Saa Francisco Hop Jlsrket, . Saa Francisco,. Feb. .-18. Hops, jeig crop,' botes per pound, Sacramento valley. 1013c; ether sections, lfKll3c; Oregoa, 1012c; Wasblagtoo, 104213c - - . . - ' " New Tork-Txmdon Silvea". vKew York. Feb. 10. (L N 1000 fine. 50 c. Ia London. 923 fine. 26d. 8.) SflTer, Financial, Industrial, Devslopn: New York Bank Makes Inquiry of lVocal Institution Why EtAt j - podtories Do Not Join Federal Reserve System r.ej .;:t : TimtS Deposit Hates Discussed. , Xaa.ulriiis' - Abeat fHats VasJtSf Ths Quaraagy Trust company ot New-York Is making; a canvas ot, ths banks of the country to ascertain, way tha suits banks fio not Join the federal reserve system. It . ta sending- one letter ta state banks and another to national banks. From the former It endeavors to - set 4 the : reasons which keeps ths particular bank which rscaives f tha query from joining? ths systsm. Ths trust company alao wants to get from ths national bank men why they think the stats banks are not Joining the system any faster than they are. Ref erence was made in these columns of tha feeling of Impatience that possesses the federal reserve board at tha in-, activity of the atate banks in this re spect, and conveying; ths suggestion that steps will ba takea to protect ths member .banks of the federal reserve system -from the 'financial responsi bility of carrying- the burden that the state banka will Impose upon tho ra tional banking- system when a, time ot pressure does come, v Objection is made to the fact that ths stats banks have been allowed to reduce their reserve requirements, corresponding :; ta j the lowering; of., tha reserves of ths na tional banks, without fortifying them salves with tha elements ot protection which have been thrown about ths na tional banks. Market for AntomovUa jretgg The Agricultural Credit company of Chl cagr ' which - was established ? thrss years ago to purchase long Time farm ers notes given In payment of agri cultural machinery ha a recently bought $b.000,00i of automobile purchaserVL notes. The notes are riven oa -the I basis of a- first cash : payment and a varying time for the payment of the balaneu, which bears sla per cent In terest. ftate Banks ladirsstly Protect ed "As a matter of fact, ssys A. Is ier nf that Lumharmilil National bank, who has received a let ter from th ouaranty, rust company referred to. "the state banks of the -o.n : : tlu nrntsetlnn thav need, and tha same protection that is assured to ths naUonal banks, through tnair oorresponaentav : we eum bar o state banks among our custom era. we do not heaitate to ten tnera that v will Uke cars or their needs - -11 .tmaa rt Mliril WTO hSVA Sff cess to ths federal reserve system di rect. .The stats paass ,. tnus ge n SENTENCE OSWEGO MAN FOR ARSON EFFORT TODEP W. H. Newman, 63, 'Given From 3 tP 7 Years;- He Pleaded Guilty .to Charge, 6regon City Or; Fob. II. W. H. Kewmsn of Oswego, Friday was sen tenced to serve an Indeterminate sen. tence of from three to seven years, by Circuit Judge Campbell. He plead guilty to a charge of burning personal property with Intent to lniurehe in surer. The fires eecurraden August II, 1111, when three houses at Oswego burned, Suspicion was aroused by the fact Oreaon RAUD To- thly. Union 57 yh$X Rgoy St$S7 i xy one of the Unjted States cf ARierirsl This bank wits opened Both have shown eteady dr cvore will open a cheddnj'ccccunt with thb ctr; r iauonai isamie . f I The United States National Ban.!: Capital and Sarplc .CCJ.CC&C: Third aad BBaassst " ' S ' The Bank of CaKl? cmiici NATIONAL ASSOCIATION OP SAN FRANCISCO ' . . Foonded 1884 v V Capital paid in cold coin - - C3,C00,GC0X5 Surpliis and undivided prof iU - C3,3C3,CC2.C3 Commercial BanJdng---Iiiterest Paid oa Titae and Savings Deposits Portland Branch Corner Third and Stark Sts. THE CAIIADIAII BAI1K0F COIIEIEnC V Head Offiee T0?v0NT0, CANADAEetaLliehad 1S7 A General Inking Business Transacted ; Interest tTald on Time Deposits . Commercial Letters of Credit Iseaad Eschange en' London, England, Bought and Sold PORTLAND 'BRANCH CORNER SECOND AND STilllC F. C. I.1ALPAS, Manager through us. And ths federal r board hss ruled that it win i exception In redlacovatlng ps; - r eomea through member barn, t it has originated outside cf t ? tern. Of course I am not e , the banks staying out of t s and should be glad to see t:. My point of view is the way t i . snt plan works, - Stats Banks Bearer Source c ' lattoaWTbere are several i apparent to roe why state bank i get into, tha federal reserve t any faster." said Mr. Tucker, of course, is that the state lnt" have certain privileges not all tha national institutions. The -very important one, reason, l tbat soma people may thing is 1 sentimental. It is that the stats i are nearer ths source of their i ttons. They can meet from th time with ths state superintend banks, the man who hss authen: tha situation, and -talk over their ticulttes. And ! instead of bull j -Jeet to an impersonal order or ; emptory ruling they can untan : difficulty voluntarily and wtuuut ; rulings. Then tha stats banker also get close to bis city com; for advles and save himself frm making of errors or many or tbe t sequences of them. They are i i ported to Washington by ah v. ested bank examiner and pass"' i by officials without any perao. i derstanding of the situation. I t tha personal element is a great i ; . -: 'I. "WW Become Batiosal Basis . "1 also think the state banks v. more Inclined to surrender their c : ers as state Institutions and take -national charters,' added Mr. Tu "when they may decide to Join the t eral reserve system, for they f t t they might as well get ail of t:. vantages thst accrue to mem!" In the federal reserve system, if t have to be subject to its rules regulations, aa to get only a rrt them. There are advantages in ' longing to ths national banking tem, and the national banks, an whole, feel their share in the rep bllity for the financial stability ot t country, perhaps, in a more direct i ner than can a state Institution. seems to ms to bs a natural conclu snd hot definable one. Again, f people may think it Is also wholly timontal." -. that while one house was burninr. ; other house near by suddenly t into flams, which led ths authcrt to believe It to be incendiary, . On the case was begun Immsu'iat wjth tha result that the grand Jury t turned a seeret indictment Thur : Nowuisn Is stout 61 years of . and has a family at Oswego where . has resided for several years. Woman Gets Liquor Certiflr ? Vancouver, Wash., Feb. 18. 'i first permit to be issued to a wor allowing her to secure a shipment Intoxicating liquor, wss secured If r) by Doras Sutton, of Rldgefleld, v informed Peputy County Auditor : S. Butler that she desired to pure! two quarts of Whiskey. After she 1 signed ths required affidavit the t mlt was issued. Dr. A. C Bif of Battle around, securad a pen H have half a gallon of alcohol n.! to him and S. Lawlor, of JUdgti and Frank Lemiey, of this city, secured permits to purchase tm;r gallon of whiskey. More Damp Weathsr, Spring rains asos will est In. i'TT"r Ward off evlrts by using fuel seI4 j whose ads are In the want ad sec Hon t Admitted I 25 Tf aw cd Tttiuzif ? end Ksdthy Osi Strettj 9 r . - aJ L . 1 .. ,