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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (March 29, 1916)
THE - OREGON DAILY JOURNAL, PORTLAND, , WEDNESDAY, MARCH ; 29, 1916. 15 CALIFORNIA WOULD HAVE US MODIFY OUR POTATO MEASURE KET SHOWS VERY FIRM FELING ALONG THE STREET Scle Generally Made at SOc for Case Count- Outside and Local Requirements Fully Equal to Present Offerings Here. D-msad for eggs continues to force strength to tbe local market, despite the attempts of mall commission interests to depress the tone. The market tor tbe day was firmly 'MtabUalie at 2oc a dosen for -ease count, al though sales were made daring tbe previous 34 iotfrs lit a limited way at this price. Both local and ootside demand Is exceedingly good and able to take care of all offerings St the moment, llow long tbe outside Ut mind will continue Is not known, but long s it does tbe market is sure to remain f vofsble in price to country shippers. On tbe otiier band the present price is too blgb for sarcessful storage at least that is . the way that etorage Interest place tbe mat ter. Naturally tbey are out of the market for the moment, but tbe demand elsewhere is wn good that tbe loss of their baying Is not felt. Receipts of eggs, are showing practically so Increases, but more Con Id be used at this time without withering the price. CHICKEN MARKET IS HIGHER Market for chickens is showing further lm pporemet't along the wholesale wiy, with pur chases reported as high as ITc, although some aales sre srlll reported down to lfl'e. Be eeipts are nvt heavy. VKAI continues stagnant Country killed calf demand is almost stag nant along the street at anything shore loe for best Quality. While a very limited amount of business is reported as high as 10c, no cleanups are possible. 4.PPLE MOVEMENT IS BETTER Almost every day there is further improve ment in. the movement of apples in the local markets Tbe trade is taking hold stnch better, with tbe higher orange market a leading factor. ' SUGAR ADVANCE IN EFFECT Advance of 10c per buntfred pounds in tbe .price of all grades of refined sugar was in effect here daring tbe day.' Much strength continues In tbe trade. Tbe Hawaiian' short age Is a factor. .FEW NO. 1 ONIONS ARE HERE Remaining stocks of No. 1 onions in the local market are almost too small to consider. It Is stated not more than a dozen cars of really select onions remain unsold in tbe bands of Willamette valley growers. BRIEF NOTES OF THE TRADE Dressed turkeys In good demand, but live i one are alow. Country killed hogs are holding very firm. ! Cheese marker Is weaker at the ent af In a pound. , I-ocal broccoli Is firmer end materially high er priced, - -F lorMa tomatoes are (bowing good condition, with sales at 4. SHIPPERS' WEATHER NOTICE Weather bureau advises: lrorect shipments daring the jiext 48 hours as fsr north as Seattle against minimum tem pera lures of about S4 degrees: northeast to Spokane, 90 degrees; southeast to Boise. 26 degrees: south to Ashland. 30 degrees. Mln . Imam temperature at Portland tonight about 86 degrees. ... . . JOBBING PRICES OP PORTLAND - These prices are those at which wholesalers seU to retailers, except aa etberwtaa stated: - - Dairy Produoa, BCTTEH City creamery cubes, extras. XI as 82c; firsts, 80c; seconds, 2ttc: csrton prints, 84. buying price of country creamexr. cubes. BOi31e; Oregon dairy, 10a2Oc. BUTTEKKaI fort Land delivery No. I soar ctesm, 83c; No. 2, 81c fcGUS Selling price by dealers .unsettled, deliver extra Selected fresh. 21c ner dosen: crae count, Oregou ranch, 19 14 20c -- uivfi. t-itnnx tiea. ru-avv riynwnts Bock. 18lTc; ordinary chickens, 16Vie; tags, 12c; springs, 144 and 2 lbs., 2022c; turkeys. tSc; dressed, fancy, 25c; calls, 1 lie; pigeons, stvji.zo; squaos. fi.zt oos.; feese. live, loioc 10.; fekln ducks, old. 6e lb.: young and heavy, 18c; Indian Bun Mrs. 1314c lb. I.HKrin.. vmm price rresh Oregon fane full cream twins and triplets,' 21c per lb.; lonng America, ccc. race 10 jooors, riata. inc. Young America. 20c f. o. b. ; cream brick, 2804c: Itmberger. zsttzsc; Wlacuaalo lee). 34QTO1C: 6 look Swiss. HOC. . Fruits and Y astasia. FKESa s'Klil'fS Orange, fanes n-l I'.'tjt3.15; bananas, 5c lb.; lemons, 13.00(3 ejeo next- giMriruit, a loriua, n.rxj -: oh; yuieappie, SttQtte per lb.; pears. i.SogfX.UO; Whewine-, J1.50 box. APPLES l-ocsl. SKS1.75 ner box. areord- Ium 10 quality. ONIONS No 1. 12.00 ner cental; No 1 ll.I5Ql.50; association selling price carloads, 1. 0. o. country poinca: garlic. l2Hc. POTATOES Selling price Local, l.cof 1.76; buying price, $1.2531.50 per cental; hew Florida, lie lb.; sweets, $3.50. VEGKTABLE8 TurnlDS ftSc dozen hnnha- feels, 66c per doaen bunches; carrots, 63c per oosen nuncaes; parsuius, si.w sacs; caDhage, $10 60 cwt.; gren onions. 25. per dozen benches; pepper. Florida, jeoc; head lettuce, California, $i.503.25 crate; celery. Califor nia, 83.606MW; caumiower, local, tl.&m tTd ner crate: rrencn artirhnkea asparagus. ?12c: hothouse cucumbers. $i ari.ov per uuxea: wmnoeg. Jiexicau. t.i 1 1 .1 . '1 VlfHl. nl.n Oa 11. . . Be per lb.; cranoerriea, eastern. $11.5012.00 barrel; spinacn, (ockjsi.uo dox; rhubarb. S jTe lb. meats, nan ana rrovtsicns. PRKS,Sk.l slKATH Selling riee rtonnT killed: Fancy hogs, llHc; poor, 84110c: fancy Teals. lO10c lb., ordinary, 10c lb.; goats. 2Viac; spring lambs, 10c; mutton. 10c lb. ' HAMS. BACON. ETU. Ham. 17Wffl2le: breaktaat bacon. 192&c: boiled ham. 30c; picnic, 13c; cottage roll, 14c; Oregon ex ports, iotuioc per lu. .tl'fl'l-L . . O . 1 1 ....... t . 11 . d v wij"!)" v yiiiuB, csnoea TRANSPORTATION San Francisco Los Angeles f Without Caaag- of Souta) . " - ... THE BIO. ClkEAjr. .". V . CO1CF0BTABX.E. '- SlVEOaJmiT APPOINTED SBA-QOXJTO STEAXSm? SAXJU3 a-BOM ATJrSWOBTH DOCS 3 P. M., APRIL 1 100 Golden XUm ob ColMa SlTr All Bates laclnde Bertbftad Meals. Taoles. and Serried Unexcelled. "rbo 8a Prac4oo fc Portland s. ft, Co. Third ead. WsahUrtoa , Bts. iwlta O-W. S,tl, CO.) TeXBxoa. ) . Aseriwa-Hawanan Steamship Co. fRElGHrXxISfV " s.s. SERVICE ' : " GEORGIAN PORTLAND I QtJ r. SAILS . TO- - : VXx ; ABOUT 5 IIONOLULUr,-- APRIL 1ST -; -tTO Stack- JPortUaiU WV-,- Portland Getting Alaska Salmon at A Kecord Price Sales Are Shown at 20c, Due to Great Scarcity All Along the Pacific Coast. ' Small supplies of Alaska King salmon were offering in the local market during tbe dy. Hajes were reported at 20c a pound, the highest- price ever known at this time of tbe year. "I bare never before seen such a shortage in tbe general fish market as at this time." says Joseph O'Connor of Malarkey Co., local wholesale fish interests. "We baVe tried to secure, fresh salmon In California, but our advice from there were to the effect tbat on account of extreme high water in tbe Bsrramento, nothing waa available (or ship ment. 'Not only is there a grelt scarcity and famine to the fresh salmon market, but hal ibut ia Tory scarce and prices are generally higher. "Even Columbia river smelt are picking up wltb sales now at 75c and ll.OO bo. "Fresh crabs sre almost too scarce to even quote. Only one Upx arrived in this city during the last 24 hours." Wheat Is Surprise In View of Weak Markets in Europe Chicago. March 29. fl. N. 8.) Tbe gra'n market opened surprisingly steady today In view of tbe weaker cables. Bradstreet'a re view was slightly bearish and added to this will be the report tbat English houses are selling stocks both In Chicago and Winnipeg. To offset tbia pressure tbe bulls worked the various phases of the domestic crop situation. Illinois reports were that ball of the crop U plowed-np, with short acreage to start with. Damage reports continue to arrive from points in Nebraska. Oasb wheat, demand in out aide markets showed an increase. With the two elements in the pit working on these factors, prices opened from c to c down and then in the first hour recovered to more than lc above yesterday's close. This fact irdlcated that the bears played their cards early in the game and the bulla then came I i and crabbed tbe stakes. Corn aud oats were fractionally -under at the opening and subsequent trading failed to develop a decided movement for either side of the market. Following the early cleaning out process practiced by some of the big houses, prices established an Improved posi tion of 44 to e op. Clearances snowed some expansion and purchases on the dips were in order. This brought out a general under tone of strength. Range of Chicago prices furnished by Over beck A Cooke Co.; 21A-217 Board of Trade building: WHEAT High. Low. Close. 114!4 111 1124 A 109H 107 1084 CORN , 74 72T, 7SHB 75 74H 74 A 7S 74i4 1 OATS 444 43 44 A 43 42 2B 40H 40 40 & POBK 2310 2282 22S2 B 2287 2285 2267 B LARD 1162 1137 1137 1177 1157 1180 B 1195 USO 1180 BIBS 1202 1192 1107 1225 12u7 1240 B Open. May 112 July 10i Sept 108 Mar 73 H Jrly ..... 74 Sept. 74 May .. 43H . - . 42 ... 40 ...2307 ...2287 ' ...1160 ...1177 ...1195 July sept. May July May July Sept. May .1200 July 1210 DAIRY PRODUCE ON THE COAST Seattle Market. Seattle, March 28. Butter Native Wash ington creamery, brick, 34c; do. solid pack, 33c per pound. Cheese Oregon gylplets, 21c; Wisconsin trip lets. 21c; do. twins, 21c; Young America, 22c. Eggs Select ranch, 23c. San Francisco Market. San Francisco. Mareh 29. C. P.) Butter Extras. 28c: prime firsts, 28 He; firsts, 28c. Eggs Extras 22c; firsts, 194b; pallets, 19c. Cheese California fancy. 17Hc; firsts, 17c. Los Angeles Market. Loe Angeles, March 29. (P. N. S.) Eggs Case count, 23c. Butter Freeh extra, 29c. POTATOES ALONG THE COAST Seattle Market. Seattle, March 28. (U. P.) Onions Ore gon 22tte; Yakima, lc. Potatoes White River. $2730: Yakima Burbanka. $3537; Yakima Gems, $3o37. San Francisco Markets. San Francisco. March i9. (U. P. Potatoes Per cental Deltas ex-wharf, good to choice, $1.35(31.60; ditto fancy. $1.73l.SO; Oregon, il.80r2.00; Idaho Bnasets. $1.9o2.00; Wash ington, $1.402.00; sweets, $2.50 delivered on sidewalk. . Onions Per cental, California repacked, $123fil.50; Lompoc, $1.75; Oregon repacked, $1.401.50. Chicago Produce Market. Chicago, March 28. I. N. S.) Eggs ac tive, butter fair, nutter Receipts 8500 tubs; creamery extras. 36c; extra firsts. 3533c; firsts, S334c; seconds. 28H31c; dairies extras, 35c; firsts, S233c; seconds, 22sc; packing- stock 23Vifl24c. Eggs Receipt 29,700 cases; firsts, 19c; ordinary first, 1818iAc; mlscellaneoiios lota, 18(9 19c; extras. 22823e. Eastern Barley Markets. New York. Mirch 28. (I. N. 8.) Barley steady, malting 77c. Chicago, March 28. (I. N. S.) Barley un changed to le higher. Malting 67 72c. Kansas City, March 28. Barley, 5658c. earlerav. 65c can, $4.50 dosen: eastern In ab.ll. $1.85 per 100; raxor clams. i2Vkc dosen: east err oysters, per gallon, solid pace. $3.00. FISB Dressed tkmuderc. 7c; Chinook sal mon, 20c; perch, 768c lb.; lobsters, 25c: silver smelt. c; salmon trout. 12VvC .: bai ibut. 104J13c: Columbia smelt, 75c$l per 50 lb. box; torn cod, 7c; black bass, 7c lb. CKAHSi Larxu, i.d; miUiuin. ' 2i ,sen LARI) Tierces, kettle rendered, 14c; stand ard. 13c. , Oraeeriea, SUGAR-rCube, $15; powdered, $8.00; fruit or berry, . , uij granulated. tT is- D vellOW. $0.U5. (Above onot.tlnn. ... 80 days net cash.) There 1 auW m eaut Usbed price for sugar because ef general UiTn'sX New. $3-2563.30 par caw. KlCfaV-Japan style, Me. a eie; New Or i...,. head. 5ifctBe: blue ma, iu. per ton; w, OUS, MB; iSi, ailAo; uee a-2&; tumi. tk. iZo i isEAN3 Small white,. $7.25; Urge wklte liSsf pink. 15.79; Umaa. $6.00; b,, Vaj ar.ojLNomlual baylna: uric, loin .-. ekoice. UViW ( 9". Uc; mediusa to prvobl Nominal, 19ie clip: WUlimeib. eak ley arae CoUwoM. 28a0e; medlnai Shrop! sure. 262Ic; cboic. lancy Jou, 2522(te; .t.m urecon. ISeaoe. -- uie& Urv lona wool Delta. 17e; Arm -k . ScUed blttea tza to. v t tac; salted stags 150 lba. aad up, U.saiU aip Ha Jo,7te X5 Iba-i, lie; salted calf top to IS lbs.), I8es gTeesTtides tao to.- M UP). 13c; stags (50 Ibsw and up). 8Hc; rsea'kl u lb.), lc; or J tuns mp, w, iy uiat calf (up to I M, 2Si dry salt aiss. 21 c; drw kortehidea, aatch, tee te vl-OOf aalt horsealdsa. each. st-00 t $3a; oraaaair. 2Se. CBlTilU Ott CASCAkA tiAstK Z BeyW nrteea. per car lot. 4c; hat tsu ear lata. 7 MO 11 At u -iie, avsiaie jo. ..: . Xaiaa aad Oik. " COAL OIL wale .whit., la irus barrel. 10a. UN8K1 OIL Raw, bbla., 82e faUoa; ket tle belled, bbla.. 84c; -raw, eae,k7et bolted, case, M gaL; lota of UO gaUons le learn. TUBPKNTlKaV-Taaka. c; -eaaea, t4e gal- ""whItB LEAD Tool lots.' 104e lb.; 600 lb, lots; Ue; leas lota, Ufce pet lb. , . OIL HEAL Carload lets, M; lasa . tbaa Cftl lot. $35.60. - ..?,,, ;.!.. sASOUNXWBasia Btfro USic per gaUecC POTATO MARKET NOW OFSTRE FARMERS ARE TIGHT Offers of $1.50 a Cental . o. b; Country Points for Selected Stock Fail to Meet General Approval of Fanners. Por fancy potatoes buyers are freely offer ing $1.50 a cental f. . b. country shipping points, but little business has resulted because holders of this grade art asking even more money. With the Sad Francisco market for Oregon stock well sbove the $2 mark, and with the government reported a liberal buyer of sup plies in tbe south, together with the small holdings generally here, the whole coast trade la strong. Along the wholesale way best potatoes are being firmly held at $1.75 a cental, with actual sales confirmed at this price. If tbe country markets continue In their present strong position, it is quite possible that tbe local market will be forced UU higher within tbe immediate future. Mr. Piatt of tbe Piatt Produce company of Stockton, Cel., has been in tbe clty-for several days to create sentiment here in an effort to modify to some patent the present ruling against lnfeeted potatoA from the south. The Stockton man proposes that the stock be Inspected at California shipping point. He argues that inspection can be more thorough tntre because it is almost impossible to prop erly inspect all stock after it is placed in the cars. An effort will be made to see tbe governor of the state in this regard. California Hops To Show a Decline In Total Acreage San Francisco, March 20 (P. N. S.) Hop "'" in oacramento, Butte. Yolo. Ynba Tehama, Placer, Mendocino and other north- kvuuuot m laurorma are pulling up their vines and are preparing to turn the acreage to other crops, according to informa tion received by San Francisco dealers aud exporters. This move upon the part of bop growers ha been taken because of the announced In tention of the British government of placing an embargo on the importation of hops while the war lasts. While tbe British order in council baa not been promulgated, notice tbat such a move has been sent out by the board of tradei In reviewing tbe hop situation, E. Clemens Hurst said: 'The placing of an embargo on bops, by the British will be like banging the crepe on the door of the industry in the Pacific coast str tes. The present low price of bops, ranging from 10 to 12 cents a Dound haa been caused by the threatening attitude of England to plce an embargo on the American crop and aiso Because ol the decreased beer consump tion in Kurope during the war. "I look for a decrease of about 55 ner cent in hop acreage in California this season. California raises about 120,000 bales of hops annually and England baa been taking about 80,000 bales of them." A large percentage of the finest land In California's northern counties has been de moted to hop growing. Once the vines are pulled It requires three years for them to again come into bloom. AMERICAN LIVESTOCK PRICES Chicago Hogs $9.90. Chicago. March 20. (L N. S. IHoa-a Re ceipts 3S.000, slow. 10c under yesterday's aver age. Bulk. $9.B5(S9.80; light $9.839JH); mixed, $9.509.85; heavy, $9.409.85; rough. $.409.55; pigs. $7.4Oi8.60. uacue ueeeints 17.000. weak. Native heef ateers, $7.6039.90; western steers. $7.608.00; 8tockers and feeders, $6(g8.15; cows and heif ers. $4.25188.86: calvea, $7.75010. sneep itecelpu 15.000, weak; wethers, $8.D09.13; limbs. $9.7311.65. St. Louis Hogs $9.95. St. Louis, March 29. (1. K. S.l Hrrs Re ceipts 8000, lower. Pigs and light, $7(29.85: mixed and butchers, $9.5&i9.U5; god Ueary. $9.8389.95. V cattle itecetnts 3800. lower. Native heer steers, $8.50ir9.85; yearling steers and heifers. $8.50419.50: cowa. 15.50H.sn- mtr-v. era and feeders, $o.50(&8: southern steers. o.zs'ijs: cows and heifers. 4ftG; native calvea. 610. sneep Kecelpts 1800. steady. Yearling wethers. hai0.4O: lambs. S96i 11 .TO-. . $6.50(88.50. v .( AAnsss City Hogs $9.75. Kansas City. March 29. (I. N. S.) Hogs Receipts 12.000. lower: bulk. a.45 70- lieavy, $.639.73; packers and butchers $9.509.70; light. $9.40Q9.5; pigs, $8,254$ Cattle Receipts 5500. steadv. Prime fert stters, $9.25i39.60; dressed beef steers. $7.90 69.15; western steers, s7.7uW9.ir.: utm-tee. and feeders. $a.758.80-, bulls, $5.737.75: calves. $6810.5O. ' " Sheep Receipts 10,000. lower; lambs, $10.7o11.50; yearlings, $9.50(310.50; ewes. $i,75!.00. Omaha Hogs $9.45. Omaha, Neb., March 29 KI. N. 8.1 Bogs Receipts 16.800, lower. Heavy. $9.30419.43 licht. S9. 15619.35: nies. I7..VK,H Til- $9.2069.30. ' Cattle Receipts 6000. lower. Native $7.509.3O; cows and heifers, S8.75Q7.75; western steers. 11 KC8.70: Tern. ta t-. V7.25; stackers and feeders, $6.50S.60. omtp xip 10, wu, tower, xearllnes. $8.0010.40; wethers, $8259. B ' Denver Hogs $9.35, Denver. March 29. Cattle non mrk steady to wesk. Beef steers $7.75ra9.00; cows ana neiiers, .o.uyttti.ou; srocxers and feeders, $0.50(8.00; calves. $9.50311.50. Hogs 1600, 10(&15c lower. Top $9.35; bulk $9.15(a9.35. Sheep 1100, weak. Lambs $10.50fflll.00: Seattle Hogs- $9.85. Seattle. Wash., Mareh 29. (P. N. S.) nays tteceipts iua, ateaoy. frlme lights. $9.30S9.35; medium to choice, $9.209.25; at f viwk r n nnvioa &n , 1 vfrwtmt mmbu w n .. 4 48.20 8. 35; pigs, $8.208.85. eattie neceipts, a, steady. Best Bteers, ma .... 1, . . . . 11.. . . . ' . ?.wa.ou, iiieuium ro cnoice, fl.Mtfgn .19; common to medium. $6.5Ot7.00: iieat mn $6.757.00; cotmuon to medium cows, $4.00(ft viuu, 9omuiatf.uv; cuives. 2l.oU(a;9.DU. fheep Kecelpts none, steady. Lambs. $9 75 ftio.oo; yearlings, Ss.oOS8.7d; ewes, $7.00 BANK STATEMENTS OV COAST Portland Banks. This week. . Tear ago. S 1,838,920.03 f 1,878,941.37 1,870.205.40 1.658,126.48 2,156,175.14 3,906.69.70 Loe Angeles Banks, V li," ' ' V ' 3,819.972.00 Seattle Banks, $ llT9.966.00 158,154.00 Clearings Monday . . . Tuesday Wednesday Clearings . Clearings .-. Balances - . Teeonta Banks. Clearings $ Balances- 278,036.00 38,741.00 San Francisco W00L Sao Francisco, Cel., March 28. (P. N. S.) Wool per pound: Humboldt aad Mendocino, 8 months. 21 4j 23c; 12 months, 2fSj27c; mid dle counties, 8 months, good. 17i20c; Red Bluff and vicinity, 6 months, 1922c: do 12 months, 20; 25c; 1 southern California fall and lambs wool. 12 15c; do 12 months, IS 2le: - Nevada stock, 20 22c, according to quality. . . - St. Paul, March 28 11. unchanged. " x , H. 8.) Wool - Oregon' Apples In South. Sai Franc iscoo, March 28. Apples, per 001 Oregon Spltsenbergl C grade, $1.25611.75; iuey. $1J04(1.0; extra fancy, $2.25 (2.50: Newtown, Pippins, Oregon family grade, 85c $1.00; C grade, $1J4531".40; fancy, $1.85 a S.00t extra fancy, $ZlOQ2.25; California -four tier. $1.0001.25; do 4 ier., 85c$1.00. ; New York Sugar and Coffee. New Tort. March 24.-SugaivCenrrifogaL 18X... ...... . Coffee Spot New York, Nov T Rloa, H"c: No. 4 Bantoa, 104cr V MASS NGTH SPRING IAMBS ARE REALLY HERE WITH HIGH RECORD PRICE Sale of Initial Offerings Made at 913 Pe- Hundred Pounds; Of ferings Are From Willamette Valley; Yearlings at $10. 8FRIWG XJiUBS ARE $13. First spring lambs of the season were sold in the local yards during the day. Arrivals were from the Willamette valley, and cams after the regular report of reseipta was nude. At the same time yearlin-s sold at $10. Both era new high records for the local market. PORTLAND LIVESTOCK RUN. Hncn. Cattle. Calves. Sheen. . . . . . : ' "euneRuay en Tuesday 243 Monday 20OD Saturday 2 Friday 414 Thursday f05 Week ago 482 Year ago 2 Two yeara ago 10H5 Three years ago ;;3 48 . . 27 31 2 26 BVt 5 192 r.2 10 1941 . . 683 130 27 74 ... 12 1 1S9 77 . . 388 441 1 Only stock stuff srrived In the cattle di vision of the local market during the last 24 hours. Demand for this, and, 'In fact, every thing in tbe cattle market, is snowing a good tone. General cattle market range: Choice pulp fed steers. $ 8.75 8.50 8.2669.40 8.25S.S0 7.60fit.00 O.0OQ7.00 7.50 7.2507.33 7.50S7.7S 7.007.25 5.005 50 4.00W4.23 2.002 75 P.OO 1.0007.50 Choice grain ted steers , . Ordinary grain fed steers Choice hay fed steera Good steers Ordinary to common steers Choice cows Ordinary to common cows Choice heifers , Ordinary to good heifers Choice bulls Good to fair bulls , Ordinary to common bulls , Best light calves Good calves - Swine Market Is Steady. There was a small run of stuff Jn the swine divlrion of the North Portland market over nlgbt. Trend of the trade continues steady, with the bulk of the real good quality at $0.25, although something extra good, aoch as ar rived on Monday, would again sell at $0.33, tbe extreme top. General bog market: Choice light weights $9.25W9.35 liooa lignt weights 8.159.20 Medium weights 0.O0OT9.1O Bough and heavy 8.0O4JS.50 Little Mutton in Market. It's getting to be an old story about lack of arrivals in the mutton and lamb division of the North Portland market so far aa open market atuff Is concerned. There were no ar rivals of any kind in this division over nlgbt. Market naturally showing extreme strength. Late in the day a small supply 'came In. General mutton and lamb rang: Spring lambs $ 13.00 Choice weight lanlbs 10.50 Good to common lamba 9.00Q10.O0 pest wetnera Good to common wethers 8.50i Old. wethers 8.00i Choice light ewes. f.7o Good to common ewes 7.00i Wednesday Livestock Shippers. Hogs C. H. Farmer, McCoy, 1 load; C. R. Belshee, Moro, 1 load; A. R. Babcock, Moore, Idaho, 1 load. Cattle J. W. Davis, Kelso, Waah., 1 load. Mixed stuff M. Mayfleld, Bear Creek, l' load cattle and hogs; C. W. Wilson, Houlton, 1 load cattle and hogs; T. p. Pattern. Balsey, 1 load cattle and hogs; M. L. Forrester, Tan gent, 1 load cattle, bogs and sheep; I. 0. Davis, Shedd, 1 load bogs and sheep. Tuesday Afternoon Bales. HOGS. No. 52 hogoe 36 bogs 1 bog . 4 hogs 1 hog . 1 bog . 1 hog . 17 hogs 8 hogs & hogs 1 cow . 1 cow . I cow . 1 cow . 1 cow . 1 cow . 1 bull , 1 bull . 2 bulla 1 bull . At. lbs. ... 190 ... 200 ... 150 ... 2S2 ... 270 ... 450 . . . 320 ... 141 ... 136 ... 190 . .. 880 ... IO30 ... 1270 ... 1000 ... 080 ... 780 Price. $9.25 9.25 9.00 8.75 8.75 8.25 8.25 7.75 7.T5 7.25 $7.00 8.75 B.50 6.P0 4.25 8.00 $5 00 4.75 4 50 3.50 COWS. BULLS. 1230 1500 995 860 Wednesday Morning Sales. HOGS. T Ave. lbs. 160 183 192 325 45) 114 200 190 202 164 303 423 123 No. 4 hogs 101 bogs bogs 2 bogs 2 bogs 26 hogs 1 hog . 5K hogs 15 bogs 8 bogs 3 nous 3 bogs 10 bogs 10 bogs 2 cows 2 cows 1 cow 1 cow 1 cow , 1 COW Price. $925 9.23 8.25 8.75 8.23 R.OO 8.00 9.25 9.25 9.15 8.75 8.25 70 7.75 $6.50 6.50 6.00 6.00 5.50 4.00 $5.00 $6.00 5.23 4.50 $13.00 $10.00 $8.25 OOWS. 980 845 100O 800 770 890 STEERS 61S a steers BULLS. 1 bull 1660 1 bull 104O 1 bull 1010 SPRING LAMBS. 9, spring lambs 62 YEARLINGS. 5 yearlings 120 EWES. 9 ewes , 133 San Francisco Grain Market. San Francisco, March 29. Barley calls: March 29. March 28. Open. Close. . Close. May ....137 137 136B December 132 132 132 Spot quotations Wheat Walla Walla, $1.671.70: red Russian, $1.8501.67; Tur key red. $1.801.85; bluestem, $1.851.87. Feed barley $1.321.3S; brewing. $1.35 1.40. White oats $1.40il.42. Bran $23tf24; middlings. $3031; aborts. $25.5O20.O0. f Various Wheat Markets. Liverneol Cash wheat unchanaed to 2d lower. Omaha CasTf wheat l3c higher. Oats $iftlc higher. Kansas City Cash wheat. 1(2 2c blcher. Oata unchanged to lc higher. . y Liverpool Cash Wheat. Liverpool. March 29. (I. N. 8. Wheat- Spot No. 1 Manitoba, 13s 7d; No. 2 red west- err, winter, lis 9d; No. 2 bard winter, gulf, lis Sd; No. 1 Durum no stock. Hops at 12 Cents. Aurora. "Or., March 29. Henry L. .Bents yesterday purchased the Charles Arnold lot of 77 bales of choice hops at 12 cents. These are for eastern account, all export business being;- at a standstill here. Many dealers have been anxious to secure this, lot-; Only one other lot of similar quality 1 Is left In tbie district. Less than 1000 Mies of all grades are left m the Aurora section. New York -Cotton Market, Open.:: January 1233 May ...........1106 July .........1206 October ..,,....1215 December .......1229 . High, Low. , 1241 - 1233 1200 1194 3212 1205 1221 1213 1238,- 1228 Close. 1241 11& 1211 1222 1230 San Francisco Hops. - San Francisco. Mareh 28. Hons 1915 Crop: basis per pound; Jobbers' prices; Racramente valley, 10 15c: other section a. 10615c; Ore gon, .unsuoc; wasntngron, iuiic Silver and. Exchange. - IJooABJBUTeTy28,S-16d.,Keir Xork aiiw New . York Sterling exebsnge on London, .U7s. taoics-s.il. raris iraucs ' Edited by HymaaH. Cohen BETTER FEELING FOR CEREALS IS NOTED IN T Higher Prices of liast 48 Hours Forces Small Increase- in Sales in tbe Interior Barley Situation Somewhat Better. NORTHWEST GRAIN RECEIPTS -Cars- Wheat. Barley. Fir. Oata. Hay. I'ortland. Wed. 6 lear ago 20 4 -2 4 8S6 2054 1839 1751 3 7 8 298 1975 673 2760 11 13 5 11 R31 1066 29S2 1 14S2 1737 Htnson to date. 9,464 1452 Year am 1.1 3?i iK.ia Tfccoma, Tuea.. 13 lear agoet.... 10 1 JSeason to date. 6.314 496 lear ago 8.318 525 Seattle, Tuesday 20 1 Year ago 15 3 Fen son to date, 7.OS0 fluo Year ago 7, ISO 1005 4 7 ISOS 1949 There li a generally better feeling In the wheat trade In the Pacific northwest, with a small Increase in sales st the Improved prices daring the last 24 hours. Liverpool failed to hold its recent ereat strength and price advances and was lower sgaln for the day, while at Chicago the market was wavering. Barley market ia firm In the country with reports indicating bids there for feed as high ss $29 a ton teack basis Portland. This 13 a higher price than the open bids here ant1 by some Is considered out of line. Oats market is slightly firmer in the coun try, with' business slightly Increased. A slight easiness ia sbowd in tbe msrket for grain bags with guaranteed July delivery stock reported at 13 e each for No. 1 Cal cutta. Broomhall cabled from Liverpool that the wheat market opened steady, but later eased with free arrivals. Spot market unchanged to 2d lower. Cargo market opened with Man itobas 10' id aQd wiQters 6d dearer, but later the entire advance was lost with importers selling freely on increasing stocks and large arrivals. Argentine cargoes 3d lower with Piatte offers lsrger and liberal ahlpmenta ex pected. India advices favorable and freights generally tending eaaler. Argentine weather fine and freights show in;? n route tonnage are larger. American damage reports are being cabled here, but without material effect, our re serves bought In Canada and America are ex cessive and receipts keep large and causes belief tbat marketing will continue large. FLOUR Selling price: Patent, $5.20; Wil lamette valley, $4.90; local straight, $4.60rt 5.00; bakers' local, f4.S0Q5.20; Montana spring wbest, $6.10; exports, $4'.604.7o; wboie wheat, $G.65; graham, $5.40; rye flour, $5.95 per barrel, HAY Buying price: Willamette valley tim othy, fancy. $16.00; eastern Oregon-I!aho fancy timothy, $18.00; alfalfa, $20.0021.00; vetch and oats, $13.00(216.00; clover, $13.50 14.00. GRAIN SACKS 1918 nominal. No. 1 Cal cutta, 1814c in car lota; less amounts are higher. MILL8TUFFS Selling price, carload lota: Bran $23.00rsborU. $23.50. ROLLED OATS $6.50 g6. 75 per barrel. ROLLED BARLEY $31.50032.50 per ton Fact tbat Chicago and Liverpool were bo ton lower for tbe day caused a weakening of bids on tbe Portland Merchants exchange March wheat bide were 1 to 4c a bushel lower than Tuesday Oats bids were reduced to $24 a ton for March, the flurry of Tuesday being due to the talk of government business, which was false. Barley bids showed a sheer drop of $2.25 a ton on tbe exchange, but this Is really a nominal market and higher prices are act ually being offered than publicly bid here. Merchants exchange March prices: WHEAT Wednesday Tuea. Mon. Bid. Aak. -Bid F.lnestem Fortyfold Cinb . .. 97 ... 88 ,.. 86 . .. 86 .. 86 102 94 93 93 NORMS MARTS 98 95 91 85 90 85 8S S5 88 85 2473 - 2350 2850 2700 2050 2075 2250 2250 Bid. Ask. . 98 102 . . .99 103 . 89 94 . 88 93 . K7 03 . 87 91 . 87 Jt4 . 87 OS . 87 94 . 87 95 .2425 2525 .2450 2000 .2600 .2500 Red fife Red Russian. Feed Feed Bran OATS ...2100 2500 BARLEY . . .2000 MILLSTUFFS ...2100 2250 Shorts .2250 2450 Futures were Quoted: WHEAT April bluestem May bluestem April fortyfold Kay fortyfold April club May club April red fife May red fife .- April Russia u May Russian FEED OATS FEED BARLEY ' MILLSTUFFS April May April May April bran . . May bran . . April aborts May shorts . ..2125 . .2200 ..2325 ..2330 2250 2:i5o 2450 2f00 BOSTON COPPER QUOTATIONS Boston, March 29. Copper bids: Adventure . Ahmeek . . . Allouez Arcadian . . Alaska Baltic .... Belmont . . . Butte Bal.. Butte Sup'r. Gal & Ariz. Cal & Hecla Canada . . , Centennial . 3 Mass. Mln... 13 . 99 . 68 Vi 7 . 20 : & . 904 73& Mayflowef . 3 Mex. Cons .. 41 Miami 36 Michigan .... 2, sjiuaawK, ... ys Nev, Cona. . 17 Wipisslngf ... 7 Ohio Copper,. 80 Old Colony ...2i .542 jia uiminion 66 17 Osleola 96 16 "5UJ-ncX . 92 '4 . 23 Chief Cons 1$. Ray Cons Chino 63 I . H. ec o C 5 Cons Cop 1 ganta Fe . 2 fnnr... Pan a s u. ! Shannon 9 Cortes 66 I "llal i-uvn. 40 I Stewart . ao-ji Crown Re.s . . Daly West.. Davis-Daly East Butte . . First Natl . . . 30 . 70 3) ureess lfe Superior- . . . . 16tf .1304 12 54 Swift Pack. Tamarack . Trinity . i-. . Tuolumne . . Franklin 9 aoldfield Con 88 as Greene-Can 48 United Fruit. 1444 Granby Hancoclt . . Helvetia Indiana Inspiration Isle Royale 884 15 30 4 U. Sho-M 66 oo pra . Z3 United Zinc . 884 U. S. Smelt. 87 do pfd 61 Tj. Verde E. 22 Utah Apex . . y, 27 4Vs Keewenaw Kerr Lake . . 4 2 1 Utah Cona. ..13 ; 2 i Victoria 34 La Salle . . Lake . Copper McKinley Dar 42 Malestic .... 77 Wyandot 1 Mason Valley 3 Mass Gas . . 17 1 x ukoii vtoia . Mother Lode. 28 Caesarian Operation Successful.. Tacoma, Wash., March 29.--(P. N. S.) Mrs. W. L. Alfred, wife of a local cigar dealer, and old time Associated Press telegraph operator, underwent a anccessful Caesarian operation at St. Josephs hospital. The child, a boy, weighed ten pounds, and It ia reported today that mother and child are doing welL Whn wrltlna- or canine oa advertise.-. please : mention Tbe Journal. Adv. Overbeck & Cooke Co. Stocks, Bond. Cotton, Grain, to. . S16-817 Board of Trad BttUdlagV . ' ; . . "' ''-...i- ' . , .. - . DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trade.' .. Correspondence of Logan & Bryan. Chicago. New York. i Metal Shares Get vGooilI)MaiidBut Other Stocks Quiet ' . New Tork, March .(I. . S. The opening stork market today waa a small af fair and devoid of feature!. This condtthm, bone ver did not affect prices materially, as the initial ranga was steady, to yesterday's dose. In the first hour a slight general advance was posted in all tbe departments. Rail were stationary at first and trading In these issues was of f mall -volume, as compared with some recent markets. - United States Steel was dull In the opening session, but prices Jumped from 84(4, the opening, to 85. Crucible ruffered some li quidation, prices dropping from 91 to 89 la a few trades, The metal Hat waa more liberally treated than It has been for several weeks. Ana conda opened at 86; Butte & Superior at 90 H and Utah Copper at 81. Early advances were recorded. " The rest of tbe list wss well supported and prices beld about steady. American Locomo tive .and Can were most active la the Indus trial department during the first hour. Good rich Rubber waa very active" in a run-up from 76. Mexican Petroleum reflected un changed Mexican conditions by Its instability around 108109. The market closed weak. Range of New York prices furnished by Overberk A Cooke Co., 216-217 Board of Trade building: - DESCRIPTION I Oiient Higbl .w Ci Alaska Gold Allts Celmers, c Allis Chalmers, pfd... American Beet Sugar.. American Can, c American Can, pfd.... 20. 29 78 72 01 72 62 111 American car Fay., c 00 09 53 244 47 77 100 112 109 4 130 50 88 108 100 104 American Cotton Oil, c American Linseed, c. American Linseed, pfd. American -Loco., c... American Smelter, c-. American Smelter, pfd. American Sugar, e. . . . American Tel. A Tel.. Aimricau Woolen, C. .. Anaconda Mining Co... Atchison, c 24 47 & 77 100 iiov4 130 61 8 108 Atchison, pfd Baldwin Loco., c Baltimore A Ohio, c. . 105 88 87 Bethlehem Steel, c 409 ..450 Bethlehem Steel, nfd.. 130 '85 Brooklyn Rapid Transit 85 85 85 23 51 caiir. Petroleum, c... 23 Calif. Petroleum, pfd-. Canadian Pacific Central Leather, c... Chesapeake A Ohio.... Chicago & Gt. W c. , Chicago A Gt. W., pfd. Chicago, M. A St. P.. . 168 107 544 64 62 13 37 98 (W 3 94 Chicago N. W., c. . . Chlno Copper......... 120 120 53 45 .53 44 Colorado K. A L, B. .. Consolidated Gas 135 Corn Products, c 204 9094 20 4 89 Corn Products, pfd.... Crucible Steel, c Crucible Steel, pfd D. & It. G c 115 8 16 47 87 51 i 1). & R. G., pfd Distillers Erie, c Erie, 1st Pfd 62 General Electric 165 General Motors Goodrich Rubber 450 76--J, 76 48 Ot. North., ore binds. Gt. North., pfd 44 122 121 Guggenheim Exp 20 10 63 28 Hide & Leather, c... Hide A Leather, pfd... Ice Securities Illinois Central Industrial Alcohol Inspiration 53 102 154 153 47 110 IV 72 25 47 International Harvester 110 luterboro. c v Interboro, nfd Kan. City Southern, e. 20 77 77 ft ioo 30 Lcckawanna Steel T7 11 Iblgh Valley Louis. & Nashville-... Mexican Petroleum. . . . lEt 10 ami Copper M.. K. A T.. c 10 4 Missouri Pacific National Biscuit 122 eo 17 122 National Lead 66 17 84 Nevada Consolidated. New Haven New York Air Brake. New York Central... 143 141 105 1054 N. T., O. W Norfolk A Western, c 1 121 113 96 121 Northern Pacific 118 Pacific Mail 22 5fl 104 26 102 53 Pennsylvania Railway. Peonies Ga Pittsburg Coal, c 104 t'ltisbnrg uoal, pi .... . P. Steel Car, c P. Steel Car. pfd Ray Cons. Copper 63 23 86 102 23 9 r. 44 43 51 Railway Steel Springs Reeding, c Heading, 1st pf Reading, 2d pf I Republic I. A H., c Republic I. A 8.. Pfd.. 61. 108 108 Rock Island ; 17 17 Bock Mand. pf Srndebaker, c Studebaker, pf Bias Sheffeld Southern Pacific 143 14142 111 56 97 20 58 'i BS 194 61 132 82 51 45 90 65 33 223 98 Southern Railway, c Southern Hallway, Tenn. Copper pf- '53 Texas Oil Texas Pacific ,. Third Avenue 7Hi I inkm Pacific, c Union Pacific, pf Cnlted States Rub., c. Cuited States Rub., pf. C. S. Steel Co., c . S. Steel Co., pf... Utah Copper Virginia Chemical, c W. U. Telegraph Westlnghouse Electric. Wisconsin Central Woolworth 133 rii 110 84 110 81 s "96 eo 226' Epsom Salt Mine Is Located in Oregon Colonel Sawarma Announces Za Will Develop Find located About 75 Miles Southwest of Ontario. Ontario, Or March 29. While on a trip last week in the Interior of Ore gon, some 75 miles southwest of here, Colonel Davaran asserts that he dis covered an epsom salts mine. He de clares there is a mountain of the stuff, aTid expects to develop the property as soon as weather conditions will per mit. The inaccessibility to the scene of the find it is thought will prove, a handicap when active work on the mine is begun. Eleven Men Fined On Speeding Charge Municipal Judge Makes Quick Work of Batch of Cases Coming Before Blm Today. Biding on a new speed 'motorcycle. Just purchased by the city. Motorcycle Patrolman Frank Ervln last nigbt in FACTS Good roads are a public health utility they mean a conservation of life as well as of products, for rural Isolation due to bad roads is a serious factor in inflicting disorder on the. mind of woman. Tbey will meanN a diminution of tenement life, tor people will real ise with , good road facilities for transportation the health giving life of the country, it will bring new life, new hepee and new am . bitions. To bring about these . conditions all roads should . bo hard surfaced with f Bitulithic Warren Brothers Company,. Journal Building. tfOTB-olambUawXlrbway ' 3edl 1 - , xatlon Bay, Jona 7. - Financial Industrial Development Portland National Banks Slaking a Survey of Volume Light Weight Gold Coin In This Community New England Mu tual President Visit the City. Portland Banks Taking: tBvantory of Snort WelgUt OolfL The Portland Na tional banks today are taking an In ventory of the short weight goldthey have on hand. They will report to Gov ernor A. Kalns of th federal reserve bank the total amount of gold they have at the close of today's business and how much of it they find to be short in weight. In addition, each of the national banks will endeavor to make an esti mate of the amount of gold they be lieve is in use in this community and what proportion of it ia of light weight. This they will also report to the San Francisco reserve bank. The information received from all of the national banks in the Twelfth fed eral reserve district will be compiled and forwarded to Washington. The same plan will be followed in the other eleven reserve district banks. The sum of the information will be made the basis of a plan to be incorporated In a bill td b Introduced in congress to provide foithe recoinage of all de fective specieT Who WU1 Bear Cost of Abraslont The Portland fttIonal banks yesterday received from Governor Kains of the federal reserve bank at San Francisco a request that they report to him the amount of gold they have on hand at the close of business March 29, how much of it is of light weight, how much gold is in use in the community and what proportion, in their opinion, ia of Jig'.it weight. The request of Mr. Kalns grows out of the question which was raised at the organisation of the federal reserve banks, as to who should bear the loss of the intrinsic value 1n the light weight gold coins. When the member banks paid for their subscriptions to the stock of the federal reserve tanK they were required to do so in gold The' banks sent down gold which had come to them in the regular course of business and which they would have paid out over the counter under the sam circumstances. They had counted each one at its face value and not its value by weight. When the coin was received by the federal reserve bank it weighed the coin before acknowledging its receipt. In the case of some de liveries of gold there was found to be a considerable shortage in weight. The federal reserve bank refused to' receive the gold on its weight and shipped the coin back to the senders. Subsequent transactions with the district bank have been made through checks drawn on the San Francisco clearing-house. The question of what shall be done with the light weight coin and who 'shall bear the expense of the abrasion, is still an open one. The federal re serve board has recommended the in troduction of a measure in congress that will cover the difficulty. XTaw England Mutual President Vis its Fortlavnd. "The value of any infor mation I may have concerning finan cial conditions in somewhat uncertain," said X. V. Foster of Boston, president of the New England Mutual Life In surance company, who has been in Portland for the Tast three days, ob serving local conditions and the desir ability of Portland real estate as a field for first mortgage investments of the company. He was the guest of Horace Meck lem, the general agent of the company for Oregon. 1 "You see, I have been-on the Pacific coast for the past two weeks. This aft ernoon I leave for Seattle and then go directly to Boston, I have not been on the coast, nor in Portland, long enough to pass- any Judgment that is worth while. And things in the east. change so quickly these days that I feel out of touch with that section, too. Everybody Is a little bit nervous over what may happen when the war closes. There la no doubt that business will go off somewhat, but Juat how auguratcd a campaign against east side speeders. Municipal Judge Lang guth today promised cooperation in putting: a stop to an evil that oreajus out every spring. Eleven speeders, most of them ar rested on the streets leading away from the Broadway bridge, and on Larrabee street, were fined by Judge Langguth today, t Richard uiney was tinea w 11- Uaro W. Eastman was fined 10. Other speeders fined were Harold Shel don, $8; C. W. Green, $; J. Kainiak, $5; William Gemmell. 2; J. Walker, tie; Henry Larson. $5: Joseph Farley, $5: G. F. Clark of the Laurelhurst company, $5, and M. Pearlman, $5. L. B. Menefeee of the L. B. Meneree Lumber company was fined J16 when he pleaded guilty to a charge of going 30 miles an hour on tna Linnton road. Body Held at Morgue. The body of Paul Ferbo, steam roller engineer for the county, who Use Checks for Safety Ofttimes a check is better sents. In case of loss by seldom recovered. In case tions to the bank will afford complete protection to all parties, and a duplicate check may safety be Issued if so desired. Open a checking account with TheUnitedStatesNationalBank Third and Oak Interest Paid on Savings Capital and Surplus, $2,000,000.00 Market Your Stock Through Seattle Union Stock Yards , Best Market in Northwest T ; ' .'iPricis.l5 to 25c higher than anj other market on the Pacific 'Coast, because it is the only yard in the United States not controlled by the trust, It is clearly to your interest to patronize true competition. much, we are unable to estimate. No -one really knows very much about ' anything, aa a matter of fact. All pre- -dictions made at the beginning ot the war have proven wrong, and there is ' no assurance that we can be more cei -tain of the future than we have been of the past "insurance men look for a gtod " year. The best yeara for the Insur ance business, however, in my opinion, are those In which business ia on au even keel. I do not think we are bet ter off either in adverse times or the most prosperous years." Hr. Foster is traveling with his Wlla . and son. Today they saw the Colum- ' bla highway under the guidance of Mr. Mecklem. They were in Europe when the war broke out and consequently follow the international doings with keen Interest. He would not give, for business reasons, his impressions of the Pacific coast. Eastern Institutions Want Our Trm Mortgages. "For the first time in ray experience the New York mortgage loan Institutions, outside of the Insur ance companies, will discuss the buy ing of farm mortgage loan paper, the security for which are the farms of the Pacific coast territory," said Glenn E. Miller, who has Just returned from a two months' eastern tour. He mada long stops in Chicago and New York, and briefer visits to other eatern points, "Heretofore they have not paid any attention to us. "There is so much money in the east waiting to be loaned out that we can j now get a hearing for this section of f the country. All of the loaning houses are now paying attention to the de- , velopment out here and are getting In-t; formation concerning the cultivated areas, the difference between the val- . leys, and other essential data. "It is my opinion, however, that It will be a long time befoce It will be possible to loan money at lower rate than are betag obtained-at the present' time, or say below 7 per cent per an- r num, no matter how cheap or plentiful money may be In the east far commer cial purposes. The only way that lowered rates can be secured will b. when a national system of rural cred-; Its and rural credit banks are made af fective and we who deal in mortgages will have to Join In with the plan In the same way, as under the federal re- . serve system, the national banks be- -,-came members of the federal reserve system. "There is evidence that we shall shortly have better times and I be- I lieve the lumber Industry is in for a long swing upward. It is one of the materials that will be most in demand for quantity and covering a longest , period of time, when rehabilitation of the areas that have suffered destruc tion from the results of the war, be PnbUo Accountancy O rowing nt Ta-. tot. In an address made before the Sch ol of Commerce of the Oregon Ag rieultural college, John T. Richardson showed that there are 1100 members in the American Association of Pub lic Accountants, and that 39 states now have lawa regulating the practice of public accountancy. The laws are uniform to the eatent that it limits the use of the term, "certified public accountant," to those who are duly qualified to use It, and that a fine or imprisonment will follow its unauthori sed use- All candidates for the title are examined by a qualified board of examiners. He also calls attention to the fact that banks are gradually adopting the plan of requiring that statements submitted by their borrow ing customers ahall be prepared by properly qualified accountants. 1 Foreign Exchange March 98. Over beck Cooke & Co., report sterling at $4.76; francs at 5.97, and marks at 71. was instantly killed when he was run over by an Associated Oil company truck at Whitwood court on the Linn- ; ton road yesterday, is held at the pub lic morgue, pending the receipt tf or ders from a married sister in Califor nia. No inquest will be; held. PORTLAND FIRE RECORD Tuesday. 2:01 p. m. 88 North Sixteenth' street, sparks from chimney, slight damage. Wednesday. 2:04 a. m. Lodging house, 85 North Sixth street, unknown origin, ISO damage. 3:68 a. m. Tumehalle building. Fourth and Yamhill streets, unknown, origin, $500 damage. 7:0s. a. m. Betty's restaurant, 64 Sixth street, burning grease, slight damage. than the actual money it repre robbery or otherwise, money is of loss or theft by check, instruc