Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 1, 1916)
THE OREGON DAILY JOURNAL, PORTLAND, MONDAY, MAY 1, 1916. 15 MILLING IN' TRANSIT. RATE DROP IN BUTTER PRICE IS ABOUT AS MUCH AS TRADE DARED MAKE Owing to Hark ward Season and Competition for Fat Creamery Interest Are Going Slow About blading Price of Product. - Tbt decline of le puuud announced tor the : li; in tba price of creamery butter here, - aBtkmed to The Sunday Journal, placed the price of beet print at ic a pound fur car torn), "f A ilmllar decline took effect in ruget l:un4 markets, for without the latter cod curring tt would have been tmKllle for tlit) fortland trade to hare successfully low- : ered It quotations, because of the eom pe tition tor butter fat In competitive territory. While the decline waa nut aa liberal aa worn had expected, be-ose at the mater - tally lower rallies In California, the fact re - Biaiua that It could s-afr.ly hsve been In ; eieseed without . Iwrtliig Hie dairying Inter ale. At present butter prices here are nnnsnallv blah for thla period r.f the year. 1ml . la la diK- mainly to the baekwar.lness of the aeaann t'wtign condition likewise have tbelr ef'ect . upon . thlat et'aaoti'a market. Ilecaime of the fact that Kuroiis la a buj.er of hufter tn thia ,- country Itiatead of. u seller, the American trade'! emulations are higher tliau normal. Till baa led the trade here to the cnnrlnalon ' that there I hot likely to lie aa low turner prices here thla prion aa urlng nurinul aca . Bona and that sto:k will n lino storage at ' blglicr (irk- tba a uaual. ' EGO ' MARKKT is" SOFTER Market for ecu la aoim-wliat eofter along tbt afreet, wltu a alight reaction In the hny . lug price st country ijolpt.( V. a. b. Interest. : ; ar offering Zlfti'l'-jC a d wn fir ra. count, ' wmparcd with aa Ul(h ua 22c laat week. CHICKEN MARKET HEALTHY , Chicken market la liealtliy along the street, with e"erythlng cleaneVl up at eatreme prlcea at the closing of laxt week. Tlit trade tarta the new weak with clmtied condition!, and the general outlook la favorable. AHPARAGl'H IIULES LOWER Greater offerlnga of home grown aeperagtia arc coining forwnrd, and alinllnr IncreiiHe are altcwn from other northwest polnta. Ik-a! graaa la quoted at (0c to ft a dozen humbea gintrally. with Walla Wall, around 7'c to (1 a pyramid. CAR NEW POTATOES HERE Carload of new potatoea wua among the day'a arrival from California, and the alilp "nient conntated of rcllent quality garnets. Mr.rtet la fractionally lower In the south, "J. with sales hero at 6Mic a pound In boten. ' TWO CARS OF BERRIES COME t ' Two carload of atrawberrlee came forward from florin, t!al., during the day, end were quoted at fl.TStfZ , crte for Dollar. The - laat carload of Loa Augclei atrawberrlee for 'tbt aeaaon arrived Saturday. BRIEF NOTES OF THE TRADiJ t Carload of cucumbers, tlin flrat ever re ceived from Los Angeles. Is due Friday . 'California green lieaua iirriving; nale at 12Vc pound. TZ I'lorlda pepper firm nnd high at .TOc pound. : Banaua train reported out of billings Sat urday: due bare Wedueaday. . fresh aalmon prlcea down to lSW'liSc pound. Revised quotatlona on bldea in effect. TKANM'OUIAA'ION San Francisco Los Angeles (WltUont Change In Boat) The Big. Clean. Oomfortsbla. XlafantlT Appointed fie I I1? BEAVER Sails From Alnaworth 3oek 3 P. M WUy 6. 100 Oolden Mile a oa Columbia BIt or. AU Ratea Inolnda Bertha and Meala. Tabla and Sarvloa TJasxcsUad. Tas San Franolaoo tc Portland 8. 9. Co.. Third and Washington Streets (with O-W. B, a H. Co.) Tel. Broad- wy -to oo. a-eiai. ."TWIN PAUCES OF THE PACIFIC" : Portland $20.00"! First to and San Francisco $17.50 Class Totuiart, tlS.OO and S13.50. TUzd Claas. SR. MEALS AND BERTH INCLUDB3. S. S. Great Northern Line with ths speed of an Express Train. Steamer Express leaves North Hank Station t A. M. ticxbt orncr, sth aho btaxk. Phonea broad way t20. A-71, ASTORIA i and war landing, I ,Str. Harvest Queen ;From Ash fit. dock n. m. dalt xcept Staarday. Returns Crom 'Astoria 7 a., rru. except Sunday. O.-W. R. R. & N. CO. CXTT TICKET OrriCE WfV . WaahinittoD at Third Broad w.y ,100. A-Clll. American-Hawaiian Steamship Co AU sailings between U. S. Atlantic and U, S. Pacific ports are- canceled until further notice. 0- B. Xaaaedr.' Aft-. 170 Stark St.. rsrtlsn. r. . v SATXS DUZCT FOR r w( SAN FRANCISm i LOS ANCL5AN DIEGO Tomorrow, May l.iaor.H. Saa rrajwisoo, Portlaad eV Laa aagolea teamakia Co. Frank Bollam, Agent. U IHliD STREET. A-4686. Mala St. Salmon Season Is Opened at Noon to Commercial Fishing Fisherman Out In Fort to Take Advantage of First Catches of the Year. The 1010 salmon eeason nnened at noon alag the Columbia and Willamette river, and practically all flaherruen were oat bright and ewly far the opening- signal. Owing to the extreme highness ot the wa ter la both river tt lie not expected that early catcbeawlll bo food although the enow tug In the Willamette (a expected to be fslr. but not ae good aa a year ago on account of the greater restriction, against fishing near the falla. The fella of the Willamette hare been the beet flatting 'amende In the early part vjf the aeaaon heretofore. . Every dny adds to the improvement la the outlook for the 191t caened talmon trade. Ev ery day additional Inquiries aa well as order. ere belli received for the new pack. The Inquiries fnr fancy chlMdok are especially hope fitl, despite the fact that the Columbia river rt-miliig Interest, curnefl over greater auppllea Into the new season than for a great luan years. SHIPPERS' WEATHER NOTICE Wither bureau advise: Protect ablp mtutu during the next 48 boors aa far north aa Seattle against uUnltuum temperature of about 44 degree; northeast to Spokane, 4l degreea: aoutbeaat t Boise, 34 degrees; south to Ashland. 41 degrees. Minimum tempera ture at 1'ortland toolkit about 4$ degree. JOHK1XG PRICES OF PORTLAND Theee price, are these at which wholesaler ell to retailor, except aa otherwla atated: Dairy Produce. BUTTER Prints, extraa. 29e; prime flrata, 2Tc; firsta, Z6'e; oubea, extra,, 2c; irime firata. 2c; firsts, 23c per lb. ; dairy. 1924r. HUTTKHFAT Portland delivery Ne. 1 aour cream. 27c; No. 3. Sc. FOOS Selling price by dealer unsettled, delivery eitra: Selected freah. 22022 frc do.; case count, Oregon ranch. 21 V4c l.IVK POLLTRY Hens, heavy, Plymouth Rock, ISc; ordinary chkkeua. 17', c H . ; atags. 12c; broilers, g.Vjt: doaen; turkeys. 20 Jl-le; dressed, fancy. 23c; cull,, 1017c; plgeona. fKul.25; ba, 11.20 duaen; geese, lUa. lOdilOc; Pekin dncka. old. 10c lb.; young and heavy, 1.1c; Indian Rutyiers. 134 y 14c per lb. CHEKSIC Selling price: freah Oregon fancy full cream twins and triplets, 19c per lb.; oung America. 20c. Price to Jobbers: Flata, 17c; Young America, 18c, f. o. b ; cream brick, 2.'l '.124c; llmbergar. 23i$24c; Wisconsin wheel, 8433Hc; block SwIkb. Stic. Fruits and Vegetables. FRESH FRUITS Orange,, fancy navel, ,2.l03 .25; bsnanaa. Be lb.; lemons tS.OOifi 4.2.', box; grapefruit, rlorlda, I4..5U&5.25 caw; pineapplea. rVbr)c per lb.; pears. I1.3)f2.00. UEitlllES .Strawberries, Florin. 7Sc1.0U; Oiegoti. $2.202.50. APPLES Local, $1.00431.30 per box, accord ing to iiuallty. ONIONN No. 1, tl.73 per cental: No. 2, $1 .2,Vf 1-3U; asaoclatlon selling price, car luuds, S1.50 f. o. b. country points; garlic, 12'4iC new onions, $.70(ij2OO crate. POTATOES Helling price: Local. 11.23a l.C": buying price. at.lUQl.23 per ceutsl, uew, 6Sc; aweets, X-M. VKGETAHLES Turailpa. 83c doeen butschea; beata, !.'ic ner doien buncliea; carrots, 65c per d"7,en buu'cLca; narsulis, (1.00 aack: cabtiage, $.'1.30 per ewt.; gneein onlooa. 23c doseo buncliea; peppers. Florida, 23c doaen; bead lettuue, California, $2.25 per erate; celery, Florida. $3.00; caullllower. local, tl.00tjl.18 per doeen; Jreurh artichoke,, 75c; aspara gus, local. $1.0040.25 doaen bunches; hot house cucumbers, $1.0Udtl-73 doeen; tomatoes, Florida. $4.U04.2S; egg plant, 20c lb.; aorouta. Uc; cranberries, eaatern. 11.6)t 12-Ou per bnrrel: apinach, fl.00 box; rhu barb. 1VjW2c per lb.; peaC 60Hc lb. Meats. Fish sad Provision. DRESSKO WE AT Helling price: Country killed fancy hogs. He; poor, 01Oe per lb..' iancy veal. lOc; ordinary, 10c per lb. goata, 2Qie lb. t aprliig lamb. 17a lb.; uiutton, 10c per lb. HAMS, BACON, ETC. Hame. 18H822C lb.i breakfast bacon, 17(g30c lb.; boiled bama. Sue lb.; picnic. 18c; cottage roll, 14c; Oregon exports, junviorjc per in o 1 s uc na uiy mpia eastern, B3c can, $0,60 llympla. per gallon, $3; canned 1, $0.60 (loxeu; eaatern In ahell. $1.83 per 100; razor clams, 13V,c doaen; east FISH Dressed flounders, 7c; Chinook aal n.ou, 15amc; percb, 7UIe lb.; lobsters, 2N:; silver smelt, be; salmon trout. 12e lb.: hallbnt. Ilf(jl3c; torn cud, 7c; black base. 7c lb.; shad. t8c lb. CKAHS Large, 11.13; medium. $1.23 doaen. LARU Tiercea, kettle, rendered, 14 Vic; atandard, 14V4iC- Greceriea, StJOAU Cube'. $8.1)0; powdered. $8.63; fruit or lerry, $.15; bet I, $8.03; dry granulated, $8.13; U yellow, $7.63. (Above quotatiooa are HO daya net cash.) HONEY New, $3.23(23.50 per fane. RICK Japan style. No. 2, 4c; New Or leans, bead. 3442it)Uc: bine rose. BUr. SALT Coarse, half ground, 100s, $10. BO per ton; MM, $11.30; table dairy, 60s, lie 00; 100a, $10.30; bales, $2.23; lump rock, $2o per lUIi. HEANS Small white. $7.25: large white, $7.23; pink. $3.75; Uma, (6.00, bayou, $.73: red. $6.30. Hope, Wool and Hides. HOPS Nominal buying rrlce. 1013 croo. choice, 12c lb.; prime, 11c; medium to prima. WOOU-Nominal. 1816 cIId: Willamette iiL ley coarse Cotawold, 32c: medium Shropshire. 31c , HoirvD virxuu, loin fine, auc; eastern Oregon, 18&30c, I11UEH Salted hide, (2-"i oounds suit unl 16c; salted ataga (50 lba. and up), 12c; aa'ted kip (13 lbs. to 23 lba.), 17c; salted calf (uo tc IS Ihe.l, 22c; green hides (23 lba. and imi 14c; green stags (W) lba. and up). 10c; gren kip (13 lbs. to 23 lba.), 17c: green calf (up to 13 lba.), 22c; dry fHnt blilea, 28; dry flint mil up i iu.;, sue. ury sail niaee, asci dry horaehidea, each,, 78cti$1.50; aalt horae bldea, each. $2.00ya.00; boraebair, 2Se; dry lot.g wool pelts. SOe; dry abort wool peltg, Kc; dry alteep shearlings, each, 10ffl23c; aaltcd abeep ahearlings, each, 15j:2Sc; euarae valley ool, at market value; medium valley wool ai uioisci tsiui, uiouaor, aaiatvc; no. i lal. low, 8c; No. 2 tallow, 7c; No. 1 greiae, 6c dry goat,, long hair, 18c; dry goata. shear Huge, each. lof2oc; aaltcd long wool Delta. April, $1,304(2.50. TALLOW No. 1, 8c; No. 2. 7e; grease. 7c U11TTIM OR CASCAKA BARK Buying price, per car lot. 4c: )e,s than ear lota, 4Vic MOHAIR 1910, 4830e lb. .: Paints and Oils. COAL OIL Water white. In drams and Iron barrels, 10c. ' UMKKD OIL Raw, bbls., 62e gallon; ket tle boiled, bbls., 64c; raw, eaae, 07c; boiled case, puc gal.; lota af 230 gallona, lc lea. TURPENTINE Tanka, 67c; caaes. 74c gal. Ion. WHITE LEAD Ton lots, 104C lb.i 600 lb lots. Uc; less lots. 11MC per Jb, OIL M KAL carload lota. $34; lesa than car lots. :i8.50 GASOLINE Basis price tOHc per gallon. AMKIUCAN LIVESTOCK PRICES . Seattle Hogs $9.X. Seattle, Wah., May 1-(P. N. S.I Hogs - Keeelpte 22J,stea(lj. prime llghU. $0.13 a .20; medium to choice. 0.00?19.10; enxmth liesvles, $(.rOiS.70: rough heavies. $8,004 b.ao; pigs. $M.0O18.70l i sttle---Receipt, 2. steady. Best steers. .isjiju.isi; medium to choice. $6.OO4!!.50; common to medium. $6.5nftti7.50; best cowa. $7.00l.7.60; inmmim to medinm eowe, $4 O04J O.Rti; bulls, $4.3Oftt.50: cdlves. $7.50ffl8.60. Sheep Receipt, k38., Steady. Limbs, $10.50 ftll.tW; yearlings. $ul.0O&.30; eWe. $8.0041 tt.3ti. . Denver Hog $9. $5. Denver, Colo.. May 1. Csttle Receipts 2'tOO. higher. .Beef steers. $7.73e0.00; cow, and heifers, $6.0o($7.75( atockers and feeders, $f.75fa8.25; calves. $10.00t 12.00. Hogs 1000, weak. Jop $9.33; balk. St.3063 0.4rt. Sheep 400, steady. Lamha $10.23311.00; $".00tt8.t0. Omaha Hoga $9.76. Omaha, May I. flogs Ret-eipta 7500, low er. Heavy 9.00tta.7B; ilght, $9,4O0.65; pigs, $8.00(89 W; bulk of sales. $9.35o r.y Cattle Receipts SOU. steady. Native ateers. JH.004iW.60: rows ' and heifers, $7.608.7.1; Texas steer. $7.00C7 75; stocker, and feeders $.50ftj8.5. Sheep Receipts 8300, high.. Yearling. $.! 10.40; wether. 8.239.23; lamb,, $10.70H.26. ! BANK STATEMENTS OP COAST Portland Baaka. Clearings fills week. Tear.m Monday .........$ 2,4S8.2SrJ,3 f 8,42,C21.W Seattle Bank. Clesriag Balance Clearing Balance Clearing Clearinga .$ 2.813.44 O0 . , 272.4OS 00 .$ S24.04ft.00 Taaeaaa Banks, ; ' 23.296.C0 Baa Francises Bank. . $11,893,478.84 Loa AsA-alas Bank. ASKED BY LOCAL- GRAIN EFFORTS E TO BUILD UP MILLING ICT Milling in- Transit Rate la Asked by Grata Interests Because of the Heavy Losses Suffered Because of Poor Grading. NORTHWEST GRAIN , RECEIPTS. -Cars- Wheat. Barley. Fir. Oata. Hay. Portland, Hon. Year ago Season to date. Year ago Tteraia, Sat... Year ago,,.., Seaaon to date. Year ago Seattle. Sat.... Year ago 6eon to date. Year ago -'4 i IT . -rj.Tta .13.715 T II M4 . 8.7M Hi IS . T.44S . 7,41 BEING MAD N PORTLAND DISTR it 8 4 8 3 S 1500 1SS7 94 H 24SJS 1BSH lWi.-l 1002 11 2 2 i r. h WU 82H 21 M 643 57 10 ft 5 U 0 3a Vil 19.VJ 024 A924 1US9 21XJ U2b' 3250 A milling In transit rate la being asked of the railroads by local grain Interests. The claim Is msde tbst very bear loeaea liavg been suffered by the Pacific northwest trade, aa well aa producer, by reason of tb poor ness of the grading at Interior points for euttern shipment. it Is claimed that after the wheat w graded In the Interior It wt rc eroded In the east, thereby causing henry l(es to the shipper aud the producers were sufferers In the end. Under the terms of the proposed rate that grain lntereata here are aaklng, the wheat wll". be shipped to thla city aud graded. The rropoeed rate would sluu aid the milling Industry of thla city because It would en able millers to secure a through rate on the manufactured product which la not possible under present arrangements. A very sudden and aharp atlvanre was forced in the price of wheat ail Chicago during the early aesalou. due. It la stated, to the crop damage reporte from tb middle west. FLOUR Selling price: Patent. $3.20: Wll- lrmette valley. $4.10; local straight, $4.80$ F.00; bakers' local. $4.80(23.20; Montana spring whent, $0.10; exports, $4.3064 70; whole beat, an.00; graham, $3.40; rye flour, $3.05 per barrel. HAY Buying price: Willamette vallev tim othy fancy, $20; eaatern Oregon-Idaho fancy timotny, aziu;:z; aiiaua, vault; vetch and oata, $18; clover, $18. GRAIN SACKS 1918 nominal. No. 1 CaVnt- ta. 1813Hc In car lots; less amounta era higher. M ILI-STLTFS Selling pric. carload lots' Brail, $Xi; shorts. $23.3U. KOL.LKO OATS ..V)(B6.T5 per barrel. HOLLKD BARLEY $31. 50 if 32 30 ;er ton. Sharp advances in the wheat price at Chi cago failed to affect tine local situation and J prices on the Portland Merchants Exchange 1 were the aame as on Saturday. Oats market wa, stronger, and an advance of 25c a ton was forced an the exchange, while barley was steady to strong at former prices. Merchants Exchange Msy price: WHEAT. Monday Bid. Ask. Saturday. Bid. Ask. 103 KM) 92 97 . 91 90 91 9H 00 90 Dtuestem . . Fortyfold . . l:i 107 92 91 91 90 OATS. 2023 98 97 08 90 Club Red Fife . . . Bed Russian Feed Feed 2700 2600 2700 BARLEY. 2650 2000 Z630 2800 MILLSTL'FFS. Bran 210O 2230 2123 2230 230V Shorts 2350 2300 2230 Future were Quoted: WHEAT. June blueetem - - June fortyfold June club Bid. . 103 . 92 . 91 . 91 . 90 Ask. log TO 97 98 97 June red Fife June Ruaalan FEED OATS. , FEED BARLEY .' MiiiJsTfcFFa. June . .2025 2700 . .2000 2830 ..2150 2300 ..2450 2330 June June bran . . Juue snorts Wide Spreads in Chicago Wlleat in The Opening Trade Chlcsgo. Msy 1. Msj- wheat todsy opened at $1.1614. after closing on Saturday at $1.13. The flrat trading, however, epe. rlenced a wide margin of fluctuation, $1-14V being the lowest and $1.1514 "the highest when the first hour bad paaaed. "The deferred fu tures were from 1 to lt4 cent up et the optnlng end higher levels were attained, al though July reacted to $I.15Vs at one lime, but wa speedily support! to a continuation ot the upward movement. Domestic weather conditions were construed a bullish, but thla fictor was well offset by bearish report on the foreign situation. The sale ot Russian wheat to France and an arparant gsneral opinion that foreign de mands have been met for the time being were contributing factor to the depresalve opera tions. Notwithstanding this, however, prices gained, although occaaional reaction ware looked for. Corn and oata were fractionally higher, but activity and prlcea advance in both these grains were more moderate. Nothing of Im portance appeared In the news Sunday and these two grains were placed la a more or leas trading position, with wheat acting aa the barometer of the market. Range of Chicago price furnished by Over beck A Cooke Co., 21217 Board of T-ada building. WHEAT. Open. Utah. . 1184 H'H . 117 118H .'HVi 1171,, CORN. . 7TH 77 i . 'u 77 L, . 7TVi 77, OATS. . 43 .-', . 43 iZ . 40 40 Low. 114V4 116 HUVi 76 '4 77 76H 43 39:4 Close. 1161, H7'4B 117 V 77V4B 77B . 764A 43 v, A 3V 40V4A May July September May July September May July ... September PORK. . 235 2110 2.1S5 . 2363 ;:SK 2363 May July September 24i A 2HMOX 2370N LARD. 1300 1310 1273 1325 1300 1:13 RIBS. 1270 11H2 1290 13a) 1295. 1315 May July 12H5 1275 lUO 1270 1275 12VS 1310 1312 1317 1292 September May July 12U5B Seplainber 1307R POTATOES AIX)XO THE COAST Basttls Market. Seattle. Wash., May 1.- -U. P.)- Onions Oregon, li&SiAc; Yakime. l4c. Potatoes wnua Kiver, $26411 2; Yakima Burbanks. $32434; Yakima Gems. $30$4. San rrandsco isarket. San Francisco, May 1. (U. P.) Po tatoes, per cental Deltas es wbarfr ordinary. $11.25 per hundred, with No. 2 stock 50 60c; ditto,' Shimae, 11.40 (P51.70; uregon rancy, i.oo( i.it- ditto, choice. $1. 5001.60; ditto, ordinary, $l.40j)l. 50; Idaho gems, $1,6041.75: ditto rurals. $1.40 1.50; Wasblnston netted items, $1.(041. $6. New crop white; 2&2V4c per pound; Democrata, 2V4fp2c per pound; gar nets, 2c per pound. Onions, par Cental California, ex lcehouse. re-packed, $1.25&1.50; Ore- fon. re-packed. $1.40; Australians. i.lf. Nevada, tl.tOtjl.ft. New York Cotton Market. Open. Iliarh. Low Close. January 1250 12S 1248 1262 Marcb IS 1277 12: 1277 May 11$ 1215 llg 1214 July 12i: 1130 Itll 122ii August 122C 122T 122, 12K September .... 1234 October 1251 1240 1J2T li December 1244 J2J7 1244 1256 New York-London Silver. . .27, j New York, May L Bar silver. 9 7 c; Mexican dollars, 57c. - London. Msy L Silver, 164. Government Tries To Stimualte the Quality of Fleece Sends Car to Demonstrate Meth ' ods of Better Production; Grow ers Taught to Improve. Washington, May 1. The wool car of the IV 8. department af agriculture which left Livingston. Bloat., on January 19, has civttn demonstration la -mora than 50 town of the Important abeeo growing state to at least S000 person directly interested- In wool growing, since leaving Livingston, tba car has been touring Montana, Idaho. Wyoming and I'tah, In order to demonstrate to sheepmen that the production of better wool meaua u,ore money for them. The tour la the ol of cooperative arrangements made be twen the bureau of animal Industry of the aepsniucni oi agriculture uu uir riunM college of the four statea named. The trip of this ear I regarded by wool specialists s the moat Important educational erfort that hae yet ben made in am oi me abeep industry, which provide nine state, embracing one third ot tba total area of the eotntry. with the greater part of their In come. In recent yeara a wide Interest bss been s roused in the better preparation of wool for market. At the aame trme, however, there baa been In some quarter certain doubt whether the financial returna would re pay the attention and expense Involved to a departure from the present methods, or rsther the present lack of methods. The more- pro gressive aheepmen have realised that the suc cess of the movement 1 dependent upon general cooperation among the wool grower. Thia can hardly be expected In the absence o: familiarity with the marks grades of wool and a knowledge or the wide difference tn value possible In wools of tba same grade. It is to furnish this information to practical aheepmen that the demonstration car la now baking lta tour. In the car are live abeep with fleecea repre senting the main market grade grown in the aectlon In which the car Is traveling. Abovf the crate holding the sheep are cases con taining similar fleecea, the grade, shrinkage and value of which are clearly indicated. Sta tionary magnifying glasses show the distinc tion in the fineness of the varloua grades of small samples. Considerable apace Is fcleo de voted to exhibits demonstrating the way In which the value oftwool depanda apon Its nat ural shrinkage, strength and character. The methods of branding, packing and tying are alao atiewn. Another portion of tba exhibit whlob haa roused much Interest consists of cases contain ing samples of wool In variona stsge of manufcture, from tb wool lo tbe fleece to the finished fabric. Very fewheep men un derstand the many processes Involved In tbe D.anufacture of finished article from the fleece and are not therefore In position to appreciate the importance which manufac turers attach to tbe different characteristics of tbe wool tbst tbey purchsse. The exhibits In tbe car are explained to vis itors by representative of tb department of agriculture and the agricultural colleges co operating with tbe federal depart mint. A number of college In other western stntes have asked to have the car visit their territo ries, snd date, and places will be arranged for continuing the demonstration as soon ss it is known what fund will be available for tbe purpose during the coming iscal year. DAIRY PRODUCE OX THE COAST San Praacisco Market. San Francisco, May. 1. (U. P.) Butter Kxtraa, 24c; prime firsts, 2iyc firsts, 2Sc. LeTK Extras, 21cf prime firsts, 20e; flrat a, 19c. Cheese California fancy, 12Vc; firsts, 11c Seattle Karkat. Seattle, Wash May 1. (U. P.) ButterNative Washington creamery, brick, 29c; ditto solid pack, 28c. Cheese Oregon triplets, 21c; Wis consin triplets, 21c; ditto twins, 21c; young; Americas. 22c. lEgga Select ranch, 25c. Le Angeles Market. Loa Angelea, Cal., May 1. Eggs Caa count, 21c. Butter Freah extra 24c. Ban Francisco Grain Market. Ban Francisco, May I. Barley caJls; May 1. April 29. Open, Close. Close May $1.30B $1.35 A $1.30 December 1.37 V 137 1.37 Spot quotations: Wheat Walla Walla, $1.701.72H; red Russian. $1.67 V4 (&1.70; Turkey red, $1.77 1.82H: bluestem, $1.871.90. Barley Feed, Sl.21.35; brewinc, Jl. 3601. 40, Oats White, tl.401.42L,. MillstuffB-r-Brsn, $23.00 24.00: mid dlings. $30.00 31.00; shorts, $26.00(4 27.00. . Few Hop Contracts. Salem. Or.. May 1. April waa al most a blank so far as hop contracts filed with ths Marion county recorder were concerned. Contracts Just filed provide for sales to E. WattenberK company. New 4fork. by W. D. Hunt of Sublimity of tOOO pounds, snd D. T. Hodges of Jefferson of 10.000 pounds st 11 cents. Liverpool Cash Wheat. Liverpool. Msy 1. (I. . N. 8.) Wheat: Spot No. 1 Manitoba, 12a 9d; No. 3, Its 4d; No. 1. Northern spring, 12s 3d; No. 2 red western (winter), lis 4d. New York Sugar and Coffee. New York, May 1. Sugar. Centrifu gal $$.46. Coffee: New York spot No. 7, 9 Sic; No. 4 Santos. lOVsC. London Hop Market. Loudon, May 1. Hope: Pacific coast, 4 15s. No Increased Rate On Iron and Steel Interstate commerce Commission Can cels rropoeveA Xnoreaea Ttom tbe East to Faclfio Terminals. Washington, Mav l.( WASHING TON BUREAU OF THE JOURNAL.) The Interstate Commerce commission todav ordered the cancellation of Dro- Ipoaed increases fh the rate' on sheet Iron and . steel from the east to Spo kane and Pacific terminals. It found these rates in violation of the previous order of January 29, 1915, which pre scribed the maximum deviation be tween terminals and intermediate points The increase in rates was attempted by the carriers on the assumption that the commission's order of January 29, 1915, allowed troq and steel to be in cluded in the maximum rate of 7a cents per 100 pounds from Missouri river points. As a matter of fact the sheet Iron and steel item was not In cluded In this order affecting bar and structural Iron and steel, so that the proposed rates were 10 cents higher than the rate allowed, or on the basis of 75 cents, when they should have been on the 6-cent basis. Traffic men today had not received advices aMbe commission's rdr, sod accordingly had had no opp. '.unity ty study the situation. Their Iwtlef Is, however, that the commission Intended to definitely eatabliah C5 cents as the rat basis from Missouri river points to gpokane and the terminals. V. S. Has Few Carslry Horses. Washington. May I. Statistics com piled in connection with proposed leg islation to improve the breed of light horses discloses that less than 223,000 of the 24,000,000 horses In the United States would be suitable for military us a, -w j TRADE Edited by. ' iyman H. Cobsn LOCAL YARDS FOR A SMALL LOT OF General Market Ranges Around $0 to S0.05 for Balk of tiOOtl Staff x ux oras s"'" $9 With a Scarcity. PORTLAND LIVESTOCK RUH Hogs. Cattle. Calves. Sheep, Monday Saturday 4237 $9.20 IS PRICE PAID IN $00 11(5 jj'I4 370 Friday xuursday I Wednesdsy Tuesday . I Week ago 204 798 1828 1908 lear sgo Two years ago. Three year ago RmII butchers paid as high as $9.15ftt9.20 for selected Quality hogs In small lots at North Port- land during the morning, bu ring the morning, but the bulk of tbe good stuff again sold at $99.05. the latter a fractional advance over what similar stuff brot'gbt during last week. There wag a teady to trong tone In the wine division of the North Portland yards at tbe opening ot the week'a trade, despite the fact tbst the run over Sunday waa liberally Increased. The country la allowing id inclina tion to market it bog freely, this being especially true of Idaho po'"'- Total run over Sunday In tbe yard wsa 4257 head, com pared with 2677 bead last week, and 102O a year ago. General hog market: Choice light weights .$9.0on.20 ool ilght weights... 8.90x8.a5 Medium weights s..KHn.'fa Rough and heavy 8.00&8.23 Cattle Market la Steady. Only a few carload of cattle came forward to the North-Portland yard over Sunday, and tbe general trend of the trad was safely maintained at last week's figures. Pulp-fed stuff soli around $9 in tbe cattle division. Three loads of California atuff came forward and sold quickly at the general raugo for quality. General cattle market range: LTolce pulp-fed steers Choice grain-fed steers Ordinary grain-fed steers Choice bay-fed steera Good steers Ordinary to. common steers Choice cow Ordinary to common cows Choice heifer Ordinary heifers Choice bnlls Good to fair bnlls Ordinary to common bulls Best light calves Good calves Choice light weights Good light weights Medium weight Rough and heavy .$8.839.O0 8.75 . 8.23Ci8.40 . S.50J8.75 . 7.3O'i8.00 6.00(37.00 7.23(37.15 7.5007(5 7 .nii 7.25 o.nofrtn.ou 4.0OM5.OO 2.00&2.75 J nX 8.0O 7.0O7.S0 9.00 8Sor.f.9o .... 8.50(g8.75 8.00618.25 Sheep Continne Quiet. Trade In the sheep and lamb division of the North Portland market coutlnoea quiet, with a very small run reported In tbe yards over Sunday. Total were but 300 bead. General situation in the mutton trade ahowa practically no change from hut week. tleuerel mutton and lamb range: Select spring lambs. . .$10.00(310.50 Choice weight yearlings.... Good to common yearlings.. Beat old wethers Good to common wethers... Ctmce to light wether.... Best ewes 10.00 9.00 9.50 8.75 a.ooia 8.2s 7.75& 8.23 B.co Good to common ewes.... 7.00 7.50 Monday livestock Shipper. Hog B. C. Roberts. Wasco, 1 load: H.'W Young, Columbia. Wash., 1 load; H. Blea kenshlp. Blaine, Idaho. 1 load; L. L. Miliar, Ada. Idaho. 1 load. Wasoo, 1 load; W. H. Koss, Canyon, Idaho, x load, urover Bros., 1 load", Malheur. 1 load; W. H. Steen, Umatilla. 1 load; J. W. Chandler, Union. 4 loads; Kiddle Bros., 1 load; Elgin Forwarding Co., Wallowa. 2 loads; W. B. Hunter, 2 toads; A. I,, DeMarla, Umatilla, 1 load; Pendleton Meat Co., 1 load; R. N. Stanflald, 2 loads; R. R. Went, Malheur. I load; C- U. Eggleson, Fair ground, Idaho. 1 load; C. T. Brown, Twin Falls, Ida, 2 loads; I. B. Pre ton. Washing ton. Idaho. 1 load; J. A. K alley, 8 loada; R. Sage, Malheur, 1 load; J. D. Hosfeld. Lewi, Wash., 1 load; Allen A McConnell, Gilliam, 1 load; Thompson & Gee try. Marion, 1 load: W. B. Kurta, Weseco, 2 loads: P. L. Henderson, Whitman. Wash.. 1 load, Huntley Mercantile Co. 1 load. Cattle Henry Cram, Crook, 1 load: Prank W. Burke. Casaia.- Idaho, 2 loads; Portland Feeder Co, 2 loads; Dunham A Goodnight, Washington. Idaho, 1 load: K. A. Hlggedorn. Shasta. Cel.. 3 loads; H. L. Priday, Wash., 1 load; Arsdale Bros.. Lane. 1 load. Cattle and Calve George Dixon, Crook. 2 loads: J. L. Burke, Caasia, Idaho, 3 loads. Sheep William Chamberlain, Gilliam, 1 load. Mixed tuff TMekeraon A HMley, Washing ton. Idaho. 1 load cattle and hogs; J. T. Bowker. Canyon, Idaho. 2 loads cattle and hogs: II. R. Peacock, Crook, 1 load cattle and hogs. Monday Morning Sal. 434 29 43 17 109 3 109 33 46 35 MS 42 798 4 J 330 7 644 20 , . 4H3 . . 878 . . 270 2M .. 1T3 ..2bT7 . . 1020 .1974 .. 929 STEERS. No. Ave. Lbs. Price. 26 steers 3122 $9.00 12 steers 1124 9.00 17 steers 952 8.75 6 steer 826 8.28 27 steer 996 8.10 16 steer 1031 7.90 12 steer, 982 . 7 SO i steer, 833 7 25 COWS. 8 cows R83 $7.60 cow 1210 7.30 3 cows 940 7.60 1 cow 910 7.50 6 cow 912 , T.25 1 cow 920 7.25r 1 cow 810 6.78 3 cow, 700 6.60 1 cow 1050 6.50 5 cow, S14 3 50 2 cow , 835 6.23 HEIFERS. 1 heifer 900 $8.00 4 naif erg 505 8.00 BULLS- 1 bull 1400 $3.00 HOC 8. 106 hog 180 t! 20 89 bog 232 9.15 93 hogs 205 9 10 87 hog -. 1 v.iu 10 bog 231 9.10 101 hog 224 9.09 182 hog 172 9.00 42 bogs 176 9 00 SO hog 9 OO 3 bogs 193 9.00 77 bogs 203 9.00 72 hov , lit i 9.00 98 hoga 190 9.00 5 hog, 152 H.0O 1 hog 3tO 8.55 3 lmga 313 8.30 6 hog 312 8.50 1 bog 210 8.60 1 hog 330 8.30 8 hoga 135 8.23 1 bog 390 8.10 2 bogac 340 8.00 2 bogs 445 8.00 2 hogs 375 8.08 5 hogs BTS 8.00 7 hog ..1 318 8.00 1 hog 430 8.00 .1 bog 420 8.00 1 bog 150 8,00 4 hog , 112 7.50 1 hog 140 7.30 4 bog 120 7.50 4 hogs 112 7.50 7 bog 137 7JM) 4 hog 130 7.50 Austrians Retire Befpre Russians Vienna, Max 1. Admission that ths Austrian forces had retired from the Ikva river before the Russians was made in an official announcement here today. Great aero activity was reported on th Italian front. Hindenbarg Gets Gems. Petrogrsd. May 1. (U. P.)T-Fiekl Marshal von Hlsderrburg is bringing a number of guns northward for use against the Russians along ths north era front, It was learned today. A German offensive against the Rust sians under General Kuropatkln wa forecasted within fortplfht, , Politiqal News Is A Bullish Factor In Stock Trading New York. May 1. Political news over the week end waa of a reassuring nature. Prtces reflected this in tbe opening stock market to day. The German alt nation waa ranaliiered of little market ronsequeeee, hat the Mexican trouble made an liapreaalea on trade aeutl aseet. The rail, were from 4 to paint hm at tbe opening and a steady to firm position was msintalned during the first hour. The botrd experienced a alight reaction after the first bulge had -been effected and the shock registered aever In Industrials. Tb HvVr a tbi department opeued abont V4 i'nt and at tbe end of the initial session . gain of V, to 4 points were registered. Hald- ; and epeedlly went to 92H. from which pdn t ! reacted to 88 and later recovered. Car I'oundry was s speculative feature, moving u i above 63 from 60W. Colorado Fuel A Lion advanced to heavy selling. Larkswsnna and L'nlted States Steel told higher snd apparently were well supported. The copper were not I ui.uaually active and price held about ateady to fractionally higher. I Rang of New York prices furnished by 1 Orerbeck A Cook Co., 216-217 Board of Trade Pl'"lag Description. Open. Close. Alaska Gold Ailia Chalmers, c Allls Chalmers, pf :. .. 78 .. S9i .. 89 ..110 .. TO U .. 24 .. 61U .. 73 V, 27 Vi 73 70 72 1H 72i 24 nni T2 on Auencan Beet sugar American Oar Fdy., c. I American t an. pr An-erican Can Fdy.. American Llnaeed, c... American Unseed, pfd. American Loco., c American Smelter, c... American Sugar, c Am. Tel. Tel American Woolen, c.... Anaconda Mining Co. . . . ivii . .12 . . 46 .. 86 lOIIW Wt S-iS, xo 86V4 400 81 22 48 166H 54 110 rtea, ia 33 a 13S 20 94 V, I14Vk 41 22 62 52 in:: V4 425 76 V, 4!t 119H ''bh M Atchison, c. ..1024 8" .. 86 . .460 . . 85 .. 22V4 .. il .. 35 U .. WVi :: sin .. 42 W 20 S3 " AtchUon, pf Laid win Loco, e Baltimore A Ohio, e bttulehem Steel e Brooklyn Rapid Transit.. Calif. Petroleum, e Crllf. Petroleum, nf Canadian Pacific central Leather, c. Central Leather, pf.. t nesapeake a onio... ( hi., & GW.. c Chi. A U. W.. Pf.. Chi.. M. St. P Chi. & N. W.. c Cfclno Copper Colorado F. k I., c. Coceolldated Gas..... Corn Products, c. .... Corn Products, pf.,.. Crucible Steel, c Crucible Steel, pf..., Peuver t K. U., c. . , Denver a R. U., pf . . Distillers Erie, c Erie. 1st pf .. 54 .. 35U ..13 ! 73, , . 40 U, ..119 .. r-iU .. i. ..101 1, ..14 .. 45tf !! ii" .. 25 .. 70H .. 78V .. 96H . . 37 General Electric v,t-ij,-iai Auivin ...... Goodrich mimier ... t nurinirru, 111c i.a nils. G. Northern, pf... L',TuiS"n.1e'' g?!" Lee'her, e.. Plde If at her, P' ' Ice Securities Illinois Cerltrsl Industrial Alcohol Inspiration International Harvester.. Il.terburo, c Inlerburo. pfd Kansas City Southern, c. Lackawauna Steel Lehigh Valley Mexican Petroleum 'Miami Copper M K. A T., c 101 i 16', 73 26 71 79 H 094 37 3 67 V4 K( ur.dcott Copper Mlaouri Pacific National Lead Nevada Coua New Haven New York Air Brake New York Central .. N. Y., Out. A W...., .. 674 ..... no .... 174 6fi 184 .1...104 27U 133 10454 XT ftorrulk a W., c 123V4 124 U 1" 1"V4 1 Northern Pacifle pacific Mail Pennaylcaula, Railway.. Peopli a Gaa pressed Steel Car, c. .. Preaaed Steel Oar, pfd. Ray Con. Copper .... Reading, e Republic I. A S Republic I. a S pfd. Rook Island Bhatturk Arlsona Sears, Roebuck A Co... Studebaker, c. Studebakcr, pfd Sloe Sheffield Southern Pacifle Southern Railway, c- . . Southern Railway, pfd. Tens. Copper Ttxaa Oil Texaa Pacifle Third Avenue Union Pacific e. ...... Union Pacific, pfd. . . . tr. 8. Robber, c V S. Steel Co., pf fU. S. Steel Co., pfd... Utah Copper Virginia Chemical, e... W. U. Telegraph Westlngnouse Electric Wisconsin Central 20 ZT 66 V4 M 108 47 101 47 Kx. dlv., tKx. div., 14. Head Waiter Shoots Employer, Escapes Charles O. Bwanberjr, Well Known tan Francisco Restaurateur, is Probably Fatally Wounded by BmplOys. San Francisco, May 1. Charles O. Swanberg, 70 years old, president of the Portola-Louvre cafe and one of tht best-known restauratsurs of San Fran. cisco, was shot and probably fatalli wounded in his private office in the cafe shortly before noon today by Wil liam Haase, whom he had engaged as head waiter. Dropping- bis revolver, Haase walked calmly out of the office, elbowed his way through noonday patrons and es caped in the crowd of pedestrians hur rying by tbe cafe. Three shots were fired, each taking effect in Swanberg's chest. Employes eay Haase, reporting for work, expected to be manager. He be came angry, they declare, when he learned that this place,,, was not for Horse Thieves Killed Sheriff and Rancher Sheriff Had Been Keadln; Wyoming Fosse After Fugitives Was Xe and Companion Were Shot. Cheyenne, Wyo., . May 1. Sheriff Frank Roach of Cheyenne, and Nels Nelson, rancher, were shot and killed early today by horse thieves along the Wyoming Colorado boundary line nerthPweat of Boxeldem. The sheriff and a posse had been trailing the horse thieves since yes terday. The pursuit Still continues. i' - ,j 1 Indian Woman Admits Murder. Vancouver. B. C. Mar I. (P. X. S.) Mary Cole, an Indian woman, well known to the. police, today confessed that she had killed Ross Wilson, sn other Indian woman, with an ax Hat urday during a quarrel over ths method Pf preparing dinner. Tba Wilson woman was murdered la a shack in the lower part of "the city. Cecille Aquirre a Peruvian, had been held by the po lice on suspicion after the woman, who had now confessed ths crirus accused Mm. . t Mrs. Anna' Marble Buried. Tbe funeral of Mrs. Anna Marble was held this afternoon at the chapel of W. H. Hamilton. East Eightieth and GMsan streets, under the auspices of McKlnley Women s Relief corps, of which she was a member. Rev. S. w, Seeman in charge. Mrs. Marble was bom In Michigan Si years ago, and Seattle. . ,.. 23 .... .. 87 Vt WA .. 48 4TH ..108V4 loeu 7tt 17Vi .. 384 834 178H ..U1V4 180U lo7Vj 63 .. PT 97V4 .. 214 21V4 .. 60 W 60V4 .. 4914 4t, ..1874 l6k .. 10 10 61 V4 ..18SH 134 82 S . . 63 3.1 H ..834 Vi ..116V4 119 .. 82 si', ..48 43 .. 91 91 .. MV4 M 32 Financial Industrial, Development SllTerton Voting Today on Question of Issuing Bonds to InstiJI i Municipal Ijlghting PlantTrade Acceptances Believed Better Than SJe ot Open Accounts. Business lean aaa Their Opinioas. The citliena of Sllverton are holding a municipal election today to vote on whether or not they shall bond themselves to pay for Installing a mu- riicinal IlalitlnaT nlant. The cllDDtna (from which this Information Is taker- does not stste how, large the bond Is sue is to be. The Item, hdwever, state that tbe editor interviewed a large ma jority of the bualneas men of the com munity in an endeavor to get their views as to the advisability of vot ing "yes" or "no" on the question of the day. According to his report he was unable to set any one of the busi ness men to express his opinion for publication. The editor of the paper says he has his own views on the sub ject but he does not express them. He urges the citlsens to vote, that is all. The city will later vote-on issuing 15,700 bonds to pay for an auxiliary water system. Open recounts vs. Trade Accept ances The practice of wholesale houses selling their book accounts to concerns which offer to advance money pending their collection is va common practice in the eaat but one that la not common this far west. One of the concerns which makes a practice of doing this is advertising the superior ity of its method over the trade ac ceptance methed of aacuring the prompt payment of current accounts those which are past due. In the one caae tne concern maa.es a natc ui its actlvo accounts and borrows gftlnat them up to 80 per cent of their face value. Active accounts are thoae which have not been sent to a collec tion agency or are wh Ily worthlaaa. The charge for the use of the money is oer cent on the net race or the ac counts, but a minimum of $100,000 of accounts must be sold to the company within 12 months. The concern still haa to collect the accounts and the op eration is not settled until they sre collected. In the meantime. Its inter est bill Is running up. The customer till remains ur.dlaturbed In his dllat- orlness. ' In the case of tne concern which demands of Its customers a trade acceptance, which can Da ac counted at the bank, the burden or payment la on the t.obtor, his credit la at stake If he floes not meet nia notes when due, both wtth his banker and his wholesale house. Turkish, Tobacco Imports Beoxeaae. Turkish tobacco, of which the Unit ed States has become a large importer within the past few years, has prac tically disappeared from the Importa tions. For 10 months ending in Jan uary, the Importation! of tobacco from Turkey in Europe were out m.vvv pounds against over '.,000,000 pounda tn the same months of last year, and from Turkey In Asia, not a single pound as against over 6,000,000 in the corresponding: months or last year. Even for the full calendar year 1116, the imports of Turkish tobacco were but little more than 2,000,000 pounds against 20,000,000 In 1914, and over $0,000,000 In 1913. In fact. Importa tions from Turkey in all articles sre practically suspended, the total value DISTRICT ATTORNEY DECIDE FOR ITSELF ounty Has Power to Use Money Hi Emergency, Says Evans About Vista House, District Attorney Walter H. Evans rendered to the county commission this morning formal opinion leaving the legality . of the commission a 312,000 appropriation for Vista house at Crown Point, on the Columbia river highway, to the judgment of the com mlaaioners. The laws of Oregon, he sain, give the county commission power Dy levy to create an emergency fund, snd to draw upon It to meet unforeseen neces sity, in order to prevent serious loss or injury to the county. Whether the sppropriation for vista nouss meets thla definition must oe oeciaea, m djlgj-ict attorney concludes, Dy xne oejMKrnlsalon. The commission's action In making the appropriation was based upon the clearly shown need of a puoiic comfort- station on the highway. The structure is also to serve as a memo rial to Oregon, pioneers, and as an ob servatory. Representatives of the city's leading business organizations have presented arguments supporting the need of the immediate erection of tha structure before the county commls- slon. The money la to be spent unaer the immediate direction OI Koanmasier John B. Yeon. More than $4000 of the $20,000 total needed for the construc tion has been secured through publio ubecrtptlon. Turks Claim British Losses are 20,000 Foar Oeaerals, BIS Of fleers Among the Frlsoaers at Kut-eV-Amaraj Booty Takes Has Hot Bess Coasted Yst, Berlin. May 1. (By wireless via Ssyvllle. L. I.) (U. P.) Four Britten generals, 616 English and maian orn cers were among the prisoners taken by ths Turks at Kut-et-Amara, ac cording to Constantinople oiapaicn-a. British losses In the Mesopotamia fighting duVlng March and April were estlmsted sJt 20,000. Booty taken at Kut-el-Amara by the Turks has not yet been counted, the dispatches said. The Turkish commander-in-chief. Halll Vasha. allowed General Tbwnsbend to keep his sword. When flags were displayed in vn. atantlnoDla in honor of the victory 11 was observed that several British com mercial houses Hew Turkish nags. ADVISES BOARD CAN ' j Market Your Stock Through Seattle Union StockYards Best Market in Northwest Price 15c to 23c hither than any other market on f the Pacific Coast, because it is the only yard in1 lh United Statea not controlled by the trust. It is clearly : to your interest to patronize true competition ' ' x . Is I of imports from Turkey In Europe 1 the calendar year 115 having bee but 147,073 value agsinst 12,144,255 1 1911, the year Immediately precedln, the war; while ;from Turkey In Al the. total imports In 191&-jwero $72.24 against $1,394,990 In 1915. ' .-( Further Shoerla-r of medsotio 'l Ospltal Stock. The last weskl statement of the combined operation of the federal reserve banks shows t further reduction of $104,090 tr pal "l capital stock he4d, indicating tha during the preceding week one more hanks have left the system. Th capital atock item now stands at 184, 788,000, as compared with 884,843, ooo for the preceding week.: Othe changes of note Include a decrease I sold coin and certificates of 15,828.60 and a corresponding decreaae 1 sole reserves. Bills discounted have) In creased for the week $2,729,000 'vn total earnrng assets $4,407,000 Gov ernment deposits have gone up $5,389. 000, and net number bank deposit have decreased $4,338,000. Th8 changes leave the total resources a practically the same figure for th two weeks. ;-, The principal Items In the statemen of the combined federal reserve bank now stand Total rrold reserve $811,18100' xsijis a scountsd mil hmivht. Hfl.niii sni i nuea atates bonds One year United States treasury notes Municipal warrants 48.841,00. mil nm . SU.933.00. 165,$4f,00 21.804,00. 819, SSMC $4.78,00 40.680.00' Total earning assets Federal reaerve notes, net. Total resources Capital paid In Government deposits Heaerve deDoaits. net 413.011,001 Gold reserve against net deposits ant note liabilities. 69.6 per cent, . . Koxthern States Fower ourltlat Offered Here. Morris Brothers, wh are members of the underwriting syn dicate, are offering for sale a porttor if $18,000,000 first and refunding mortgage 8 per Cent gold bonds of th Northern States Power company 1 Minnesota. This Is the first tirm these securities have been offered di rectly to investors of this aectlon This is one of the many proper tie1 under the direction of ths 1L M. Ilyllesby holding corporation, who have but recently begun to offer their securities directly to Investors of tbi? section. The successful placing t prevtoua offerlnga la Indication that the investment publio of this section is taking a wider Interest In placing a part of their surplus funds In llqfild securities, lnatead of putting them all into the more or less fixed form of in vestment in land holdings. The under lying securities of the Northern States I'ower company i bonds Include public utilities in St. Paul and Minneapolis, as well as In thriving communities within the trade territory of these two cities. They are coupon bonds, dated April 1, 1916, due April 1. 1941, and are offered at 96 Vk and accrued Inter est, to net the Investor 6V4 per cent, " j The Commissioners of .ths For .of Umpqua, sitting at Msrshfield, wljl tonight open bids for the purchase of an lasue of port bonda in the sum of $200,000. ' ' Swat First Fly! This Will Kill a' Million of Them "Kill a million files at a, stroke." propose the fly pret a ventirm experta7 How? "By swatting the first files of the summer aeaaon." ' 4S Each of ths buzzers is busily 4 $ proceeding to repopulate ths 4 fly world. Each may becom the head of a long line, IncluJ- tog million of children, grand- 4 )t c h 1 1 dren, greatgrandchildren, ; w m and so forth, if not forcibly ; 4t dlBcouraged. , Of first and greateat import- 4g- snce is the destruction or the tt removal of the garbage and ? rubbish where flies breed, tt But also, advise the fly pre- ' tt ventlon experts: tt "wat the flies." tttt Wage Conference Tomorrow, ; The conference committee of ths In dustrial welfare commission will most at 2 o'clock Tuesday afternoon to take up consideration of wages and hours for women employes In hotels snd teiepnone oriices. HI FACTS The rapid introduction of the automobile Into every section of the country has revolutionised traffic condU tlona it has brought poo- pie close together, the con- -centratlon of population tn manufacturing and traffic , centers has mads necessary the transportation of ini menae quantities Of food from the producer to the consumer Snd ths transport tation of manufactured produets back to the farm dwellers. To do this expe ditiously and economically It is absolutely neossssry that all roads should b hard surfaced with. BITUUTHIC Warren Brothers Company, Journal Bldg.. Portland, Or. Vote i Shis is roar day Jane 7. Colombia Xlghway Bedloatloa Bay. . (WrlWkX PnnlfA Pn V T vl UvVll VI VUUIlv VVl Stocks. SoaAs, Oettoa, ttoala,' 38te ' S1S-S17 Board of Trade SraHsUg. i ; DIRECT PRIVATE WIRES TO ALL EXCHANGES ' Members Chicago Board of Trade Correspondence of Logan as Bryan, " Chlcaso. Nw Tork,