The Oregon daily journal. (Portland, Or.) 1902-1972, May 11, 1916, Image 21

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The Oregon daily journal., May 11, 1916, Page 21, Image 21

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Newspaper Page TextJ V THE 'OREGON DAILY JOURNAL. PORTLAND THURSDAY, HAY'". It, 7 191ft.' 21 MILLIONS OF DOLLARS'' WORTH OF FRUIT HIT BY COLD Edited by Hyman H. Cohen BUTTER STEADY TO E WON IS STRONG ALONG NTIRE COAST Absence of Price Cubing Is Indi- Cited by Great Anxiety of North ern Butter Makers to Secure Snp. ' - plies of Cream. 5 Seemingly there to little rbance for any u terlal drop In tbe price of creamery but tor here during tb Immediate future. With Fa get eound interests waging a relentleaa war to cream auppllea and actually paying In pian butancea more money for tbe raw prod net than tliey are aecorlng for butter, local creameries dare not change their quotations In fear of loclng ablppera In competitive territory. Tbe butter market here has really turned gtesdy. Demand for country creamery U somewhat better and cleanups are again re ported with best cubes finding sale around S!6 a pound. ' While there baa been more, or leas talk during recent days that some of the city rreauierlea had been shading their quotations e-t prlnta. careful investigation fails to disclose any of tbla so called secret cutting. In the meantime the markets all along the coast are generally showing a steady tone. EGG MARKET IS HOLDING "WliHe' there is little snap to egg trading In tbe local market at tbla time, there la no gen eral ebange. either In sentiment or prices. Re ceipts are only fair, and tbe trade Is ck-sn- ug up. VEALS GO LOWER AGAIN : Further price lota Is showing for eal calves In tbe local produce market. Receipts con tinue Try beery, and sales of good stuff are tftartmit lown In 10c. with the too at lOVtC a twtimd. IKiira ataailv y - - - . ASPAIIAGU8 IS ADVANCED n nil re.-eiiia ui anpaingiin i u u northwest points on sccount of the cold weather,- the local market's supply was Tery scant during I he day. Sales were generally re ported at f 1 for ordinary quality. HIDE MARKET VERY STRONG niarsex rwr niues is vvrj aii-uiig. ituiu ut v and in the east, and the recent adrance in the price la being generally maintained. Leather market In the east Is firmer, and the demsud for bides la better than supplies. Coarse Grains in A Firmer Position With Price Strong Both Oats and Barley Are Stronger with California Worrying Over the Crops. NORTHWEST GRAIN RECEIPTS. -Cant- Portland, Thurs. Year ago Season to date.. Year ago Tscoma. Wed... Year ago Htcson. to date. . Year ago , Seattle. Wad... Year ago Season, to date. , Year, ago Wheat. Parley. Fir. Oats. i 7 6 1743 78 1820 1940 5 3 343 oob 4 in 9,118 15,795 8 8 ,fi47 8.S0O 22 12 , 7.S61 7.398 1 1512 1875 .... 502 561 1 12.12 1055 ' 4 11 1&84 21H8 -t . . . 082 1KB Hay. 2 3 2300 1915 8 A 221 2001 IS 15 40)14 344 OLD POTATOES STEADIER With reports of damage to the new potato crop of both Oregon and California, there 1 a alight Increase of strength showing in tbe t.il . fnr ,M atwk. (Iffnrlnira nf iwitat.a4 are not beaty. liltlEF NOTES OF THE TRADE Carload Florida tomatoes in, with good qual ity; another rolling. Hiring beana are firmer at 14c a ponnd. Peas are la larger supply, but the market is steady. Run of salmon continues extremely small. Chickens, are firm at full prices. SHIPPERS WEATHER NOTICE Weather bureau advises: Protect shipments during the next 48 hours aa far north as Se attle agaloat minimum tempera t urea of about 04 degrees; northeast to ripokane. 30 degrees; southeast to Boise. 24 decrees: south to Al- land, 30 degrees. Minimum temperature at Portland tonight, about aayjegreea. . . -- - w . 'V Union Pacific Dividend. ' New York, May Jl.-r-(U. P.) The Cnlon Pacific railroad today declared its regular quarterly dividend of 2 per cent on common slock... The Southern Pacific aunounaed 'its rtfuisr dividend of per cent on common, etch payable July 1. " Eastern Barley Markets. ril.air Ma 10. II. N. fLRnrlar atev 1 t Stalling, Y2((,83c. 'Kansas City, Mo., May 10. (1. N. 8.) Barley, 58c. ' v Kew York, May 10. (1. N. 8.) Barley steady; mailing. 80c. Coarse grains are bowing much streogtt all along the coast and especially In tbe Pacific northwest. California la still somewhat alarmed regarding tbe barley crop and this la adding trenjtth to the northwest situation. Wheat traidlug is shown in spots st north west points with milling Interests tbs only bidders at tbe moment. Chicago market showed some reaction frv.ra Wednesdsy's strength and the early, day's trad ing waa weaker and geuerslly at lower prices. Proombsll cabled from Liverpool that wheat opened Heady, but dull, Amerlcsn weather t lng carefully watched.. Scarcity of frergLls curtails buying. Argentine weather Is fine and favors plow ing. Holders rem i in firm on the damago re port from America. Kranee Wenther la unfavorable with need ing delayed. Where planted tbe crop looka well. United Kingdom Weather la against best development of the crop, with seeding late. 1M mand for oats continues at firm prices. American and Canadian holdings for ship ment sre large and tbe continent is absorb ing quietly, but it is feared that offers for distant shipment will become 'Increasingly firmer, owing to unfavorable acreage de creanea. FLOUR Selling price: Patent. $5.20: Wil lamette valley; 94.00; local atralght. 4.0 5.00; bakers' local. $4.805.20; Montana spriujt wheat, to. 10; exports, 4.50(4.7o; bule vlieat, .(k; granaui. $5.40; rye flour, $5.06 per barrel. HAY Buying price: Willamette valley tim othy fauejr, $3); eastern Oregon-Idaho fancy timothy. $21j22; alfalfa. $21422; vetch and oatx. $18; clover, $18. GRAIN BACKS 1018 nominal No. 1 Calcut ta, iaMttl3c in carlots; leva amounts are higher. kUI.i-STUFFS Selling price, carload lots, bran $23; shorts, $25.50. ROLLED CATS $0.50B.7." per barrel. ROLLED BARLEY $31. 5032.50 per ton. "No changes were shown in whest, oats or bailey bids for May delivery on the Portland Merchants Exchange during the day. Mlllstuffs were firmer, with an advance of 50c In bran and 2.'c a ton in short. Merchants alxchange May prices: WHKAT. Tbur. Wed Bid. KM 94 o:i 9:1 ..03 Blneatem .... Ki rtyfold . . . Clnb Red rife . . . Red Russian. Feed Feed Bran Short a Futures were quoted. WHEAT. June bluestem June fort fold June club June red Fife Junv Kusalan 104 114 u;t la 03. Act. 107 tm (its 98 50 OATS. ...2075 2725 BARLEY. ...27(J 21MK MILLSTUFFS. ...2:125 2400 2275 .2575 2700 2050 Tues. Won. -Bid H 103 2 1)1 92 92 9:1 92 92 62 2675 2700 2725' 2700 2650 2700 2275 2525 Bid. . 14 . 94 . 93 . 93 . 93 2400 2700 A'k. fl)7 M 0 98 97 June June Jnne bran . . June aborts FEED OATS. FEED BARLEY. ...2675 2J25 ...2700 2900 MILLHTUFF8. 2525 ....2000 2550 2750 fWN&rOUTATlOSI San Francisco X,os Angeles 1 (Without Change En Boots) The Biff. fie Clean, 114 ' Comfortable, f 13 Elegantly Appointed $ 7 BSiOOnO 81'BAUSXOP BEAR tv Bails Xrom Alaaworth 3oek 3 T. M.. May 13. 100 Golden Miles on Columbia &lvex. . All Sates ZAoloda ' Brtaa ana Meals. N Tabu and SsTrUe TJnexeallad. ffn San Tranolaeo Portland 8. S. Co Third and Washington Streets (with O-W. x. ft X. Co.) Tel. Broad way 4600. A-6121. nii!iDAi AF0ffr1Jlll piiw"! M,crKiiin Portland $20,001 fusl, San Francisco $17.50 J Qass (30 Hours) Tourist, $18.00 and tlUO. Third Class, S3. &TBAL.S AND BER1H INCLUDED. S:"S firpat Nnrlliprn Liner with the speed of an Express Train. Steamer Express leaves North. Bank Station ( A. M. MAT 8, 13. 18. 83. 87. From Ban Francisco May , 11. 16 20, 25, SO. Sailings Tuesdays, Thursdays, Saturdays, beginning Juno 1. Itioxxt orrxcx. stb ahd btabk. . Pbonss-r-Broadway 0. A-71. RENCH LINE ' Cempasmle Osaerale Tranastlastitas Sailings From NEW YORK to BORDEAUX FAYETTE May 27. 3 P. M. -rllCAGO June 3.3P.M. ROCHAJVfBEAU . . . .Jan 10,-3 P. M. LA TOURAINE . . . ..Juno 17, 3P.M. I . F0 rVTORMATIOB APK.T b.' W. BXnrOEK. I0 Sixth 8C A. D. CHAELT0N, 165 Marrlaea Bt . K. eaaSIBOH, C. K. Bt. Paul B.X. fJORSET B. SMITH, lit Third St, C. DICX80K. 4J Waabinrtos U XCKTH BANK K0AD, Fifth aad ftaak tta. r. S, M'TAkLANO, M and Waahiactea it. K. B. SUrrY. 114 Third St., Bertlaaa. w. . aiau, xuu a sua st. . : ", " 8AZL8 siazoz rom ' i SAN FRANCISCO .LOS ANGELES SAN DIEGO - Saturday, May 13, tao . M. las rranoiaoo, fertlaaS A Le Aanlee ttsamihln Co. Trank Knllam a.. 14 THllP intll. A-4ea Xaia Jt. DAIRY PRODUCE ON THE COAST Baa Franoiaco Harket. 8an Francisco, Cel., May 11. (C. P.l Flit ter Extraa 24Vjc; prime firsts. 24c; flrata, 23ttc Egga Extraa 22Vic: firsts, 20c: Du'.lets. Hi He Cbeest California fancy 12yc; firsts, 12c. Seattle Market. Seattle. May 11. (U. P.) Butter Native Wathinaton creamery, brick 20c; ditto solid pack, 28c Cheese Oreg-on triplcrs. 21c: Wisconsin triplets, 21c; ditto twins, 21c; Young America 22c. Eggs Select ranch 26c. Los Ancales Market. Ioa Arireles. Cal.. Mav 11. (P. N. &'.) n&gm jse conni, zic. ututer trean extra, 2uc. POTATOES ALONG THE COAST Seattle Market. Seattle, Wash., May 11. (U. P.) Onions Oregon 2(2Vic; Yakima lc. Potatoes White Klver S26(U2Sc; Yaklms Borbanks, $3234c; Yakima Gums, S32iH. Ban Francisco Market. San Franclaco. May 11. (U. P.) Potstoes Per cental. Deltas, ex-wharf, ordinary, $!(( i- per uuunreo; eiumas, i.4ltCl.0O; Ore- 8011 fancy, $2(32.10; Washington Netted ems, ti. 65 1.00. Onions California ex-icehous4, repacked. 91.50; Oregoa repacked, 1-6021.80; Aus tralians, i.lbfats. San Francisco Grain Market. San Francisco, May 11. Barley Oils: May 11. Msy 10 Ooeu. Close. lo. May I.'OB lecemrer I34a 137'iA 135H Spot quotations Wheat Walla w'alla !.t0 ei.724; red Russian $1.T21.75: Turkey red. l.J7oa.'J!i; Dluextem, 1.87f(1.00. reea naney si. an; Brewing, si.ooi.w. White oats $lai.87Vi. Bran 12520; middlings, $31332; shorts. sgat. Chicag6 Produce Market. Chicago. May 10. (I. N. S.) Butter fair; eggs strong. Batter receints 0629 tubs: creamerr extras. 28 He; extra firsts, 21'42Hi-; firsts. 2"H 27Vbc; seconds, 2'g2Vif; dairies, extras, 2814c, firsts, 27ji27He; seconds, 2QQ20iK; packing-stock, 2Af24V,c. Eggs, receipts 27,000 eases; firsts. 202 21c; ordinary firsts, 10(8 18c: imiacellaueous lots. 19&l20c; extrss, i&Uc. SEVERE 1 DAMAGE IS IN ALL FRUIT; OSSES VERY HEAVY SHOWN I1 rom Southern End of California to Canadian Line Cold Weather Haa Marked Path of Destruction, Especially to Soft Fruits. Severe damage baa been done the fruit crops of the Pacific coast. From California's aouth- ero border to tbe Canadian line tbe damage has been almost general. Prases, peacbes. cberrlea and Dears have been most severely dsmaged, although tbe act extent of the lors will not be known for seme time. Swnie of the leading authoritlea bMleve that the loss along tbe coast will run into mmions or dollars. Early potatoes have been severely damaged in California and some losses are feared In tbe Willamette valley. While some reports indicate that apples have been hurt., atlll uiost Interests hsve eonie to the' concluhiw that the losses will not be very severe except in tbe softer trulU. Asparagus arevrers were bit in the Willam ette valley and there la Ilk- ly to be an ex treme scarcity of this vegetable during tbe next week or 10 days. Sheep Movement Is Slowly Increasing At North Portland Willamette Valley Staff in Slightly Better Supply and Demand ' Is Very Good. PORTLAND LIVESTOCK BUN. nogs. Cattle. Calves. Tbnrsday ...... Wednesday ..." Tuesday , Monday Saturday Friday Week ago , Year ago Two years ago., Three years ago 407 . 451 . 3m .3430 177 . 522 . 340 . 418 . S10 . 213 258 4S 167 470 8 19 102 50 150 148 14 1 5 1 ft in 85 Sheep. 475 217 603 544 45 2.-i0 lf4 1562 Thirty-fire to Thirty-seven Cents Pound Being Freely Offered In Willamette Valley for Coarse Interior Wool Also Soaght. Weaker Feeling in The Chicago Pit a Wheat Market Starts With a Loss of He to ?c Profit-Taking One Cause of Loss. Chicago, May 11. (I. N. 8.) Wheat opened from c to r under in the pit today, in th first hour May held comparatively steady around $1.16, wtolle tbe deferred options grad ually declined to a plane about ic under the opening. Predictions for unsettled weather In the southwest crested besvy selling snd a heavy profit-taking Interest took advantage oJ -the situation to unload. The accumula tion of the past, few days on the part of some big dealers maoe It possible for tbem to let go today. Offertngs at all times during the first hour were anrestricted, commission bosses being heavy sellers. Corn and oats were fractionally up when first sales were potted today. In the tarly trading 200,000 bushels of tbe former grain ere sold to go to sture. Commission dealers were beavy sellers and general sentiment In corn was bearish. Several reports of general conditions were imsde public and they tended ti augment ther bear Influence. Oata were iitder the usual trading operations and the market was an uninteresting affsir. Range of Chicago prices furnished by Over bek & Cooke Co., 21-217 Board of Trade building: ' WHEAT. Open. High. 1154 HO 117 J17 117 COttX. T4- 74 t, T4 74 73 73 OAT8. 4SV4 48H 43 4:i 40j Kb POBK. 2300 2390 2347 2352 241)0 230o LARD. 1270 1272 1272 1277 127 1287 BIBS. 1260' 1200 1257 122 1205 1272 Msv July September May July September May July September May July ...... September Msy July September Low. 115',, 110 113 73 i 73 72 'V 43 3u;, 23S7 2335 23U0 1262 1245 1255 Close. U5B lWTiB HOTsA C 74M.-B 74A 73B 4SA 43 A 40V),B 2387A 2350, 23U5B 1267 127 1280 Mfcy July September 1255 1232 1247 1253 1252B 12U5B BOSTON COPPER QUOTATIONS Boston, May 11. Copper bids: Adventure A hmeek . . Allouez Arcadian , Alaska . . . Baltic ... Black Mtn. Bohemia . Butte Bal. Butte b'up. Cal & Ariz. 3 t I Mexico Cona. 9 I Miami 08 Michigan ... 7 I Mohawk .... 20 1 Nevada Cons 2 N'ipissinjr ... 4i j North Butte 2 I North Lake.. 2Ohio Copper ai?4iJia uoiony.. 73' Cal. & lie. la C55 Canada 1 Centennial . 17 Chief Cons.. 1 Chino 63 Cop Mines 2 Cop. Range. 65 W v oriez bO Crown lies.. 60 Davis-Daly . East Butte , First Nat'l., Franklin Goldfiedd C. 100 Greene-Can. Granby Hancock . . . Helvetia ... Indiana Inspiration . Isle Koyale. Keeweenaw . 64 Kerr iMito . 6 1-a Salle ... 4A Lake Copper, 16 40 36 U 96 "A 1 18 Old Dominion 70 usceoia .... s4 Quincy 94' Ray Cons 22 R. II. & Co.Com 5 Santa Fe . . . 2 i Shannon .... 9 Shattuck 32 U Stewart 3 2 j Success 73 I 1 Superior 16Vi McK. Drrh, Majestic . . Mason Val. Mass. Gas Mass. Min. Mayflower 12 H I Sup. & Boston 3 ' 6 Vi Swift Pack.. .131 8 1 Tamarack .. 53'i Trinity 7U 50 I Tuolumne . .. 35 88'' United Fruit 160 1 4 k I Vnfto Shar. 75 3;". j Cn. Shoe Ma, 61 2 XTn. Sh. Ma. pf 29 44 I United Zinc. 81 o'iu. n. smeit... ti IK S. Smelt. p.f 51 Un. Verda Ex. 2R 1 t U nAn At Utah Cons.. .. Victoria .... Winona Wolverine .. Wyandot Yukon Gold.. Barnes King 10 75 15 3 BANK STATEMENTS, OF COAST TRANSPORTATION ASTORIA and way landings Str. Harvest Queen From Ash St. dock S p. nv. daJl except Stsurday. Returns from Astoria T a, m.. exeept Sunday, O.-W. R. R. Si N. CO. Broadway 4S0O, A-61I1. CXTT TICXBT OFWCB Waahyvctoo at Tbird Los Angeles sad San Diego STEAMSH1PSYALE AND HARVARD Uallroaa or suy slnaaicr vt Mao v'rasciaco, tbs Kaposltiua City. Largest, fastvst and tbs ONLY atricti flrst-dasa passenger ships os Us Coast, Average spaed 2 soiiss as boim. Coat S2.0u0.0u0 sacb. max rsaJtoxtjoq, VOST&AVS a. XiOa am ozuvxa a. a. co. rraak Bsllaas, AgsaU 114 Third Bt. Msi 20, A-4SM Wits D. B. O. at. B. Clearings Monday ... Tueaday . . Wednesday Thursday . Clearing" . Balances . . t'l firings . Balaaves .. Clearings . Clcarlnrs . Fertland Banks. This week. $ 2,M(,7Uvll4 ... 2.137,C7iX ... 2.210,511.12 1.7W.6Trt.5 Seattle Banka. 1 1. 1. 1 I 2. Tscoma Banks. ... Baa Francisco Banka. Los. Angeles Banks. 110, $ 4 Tear ago. .018.SS1.36 431.RSH.fMi .R03.031.24 .735.395.20 0B1, 20H.0O 2.12.720.00 413.829.00 88.644.00 005.229.00 063,780.00 New York Cotton Market. There waa farther assail Increase in the rolnme of mutton and lambs offering at North rortiana fluting the last 24 hours. While the Increase la ery small, tbe fact that any In crease at all la being made is good news to anxious bnyera here. Top price being of fered for lambs at the moment Is $10, bat at this price the demand far exceeds tbe supply. Wblle some markets of the northwest are talking of still higher prices, tbe fact re mains that one lone lamb' waa aold some days ago at the price mentioned; lo fact, the mar ket there baa bad no additional shipments. General sborn mutton snd lamb range: Select spring lamba $ 10.00 Beat yearlings , 8.00(3 8.75 Good to common wethers.. ' 7.50 7.75 Best ewes...- 7.00 Good to common ewes BUM Hos; Market Ii Steady. Market for bogs Is generally rating cround $9410.10 for average good quality offerings at North Portland. The market here is showing practically no change since Monday, when sales were made of some freight-free .stuff at Sa.20ig9.25. The trend of tbe present market Is fully aa good aa then. General bog market: Choice light weights 0.069.25 Good light weights 8.90&9.05 Medium weights , 8.5008.70 Rough and heavy 8.00S-25 Cattle Market Favorable. With a continuation of tbe best cattle mar ket along the Pacific coast at North Portland, the small arrivals from day to day are quickly picked up by buyers. There is a good demand for practically everything offered in the cattle division. General cattle market range: Choice pulp-fed steers Choice grain-fed steers Ordinary grain-fed steers..... Choice hay-fed steers Good steers Ordinary to common steers Choice cows Ordinsry to common cows Choice heifers Ordinsry heifers Choice bulls Good to fair bulls Ordinary to common bulla Beat light calves Good calves Thursday Livestock Shippers. Hogs 11. A. Lamb. Kinder Bock. Waeh head; E. Jacobaon. Wasco, 13 bead. Cattle Ed Uauatgeu. Bkagit. Wash., 2 loads. Mixed stuff W. Gerens, Clackamas, 1 load hogs and sheep: George Zimmerman, Yamhill, 1 load cattle and bogs; J. w. Veatch, Lane, 1 load cattle, bogs and sheep; C. L. Falk Jr., Linn, 1 load cattle, hogs atad sheep; J. A. Dot.herty, Linn, 1 load cattle, bogs and sheep; J. W. Oavis. Clark, Wash., 14 cattle, 80 bogs and 13 sheep: T. I'. Patton, 1 load catue, hogs and sheep. Wednesday Afternoon Bales. HOGS Extreme strength Is showinr In the market for wool at Willamette Taller nolnta. with aa high as 37c a pound being offered sad paid 1 or coarse emir, although the general price for this quality scarcely ranges above 35c. Only small lota of wool are reported sold in the valley evea at the extreme prices, owing to the lack of general offering smotig the sheepmen. At eastern Oregon noinfs the market is also showing aggressive strength, with offers lor coarse wools from 20 to 30c a pound, and fine ranging from 19 to 23c generally. x The only weak feature of the wool situation along the. Pacific coast la in the Yakima sec tion. It is stated that for some unknown resson tbe quslity of tbe wool there by in ferior this season, the staple being weak. For that reason Yakima aheesinen have been rather free offerers of wool recently. Con sidering -the reported quality of the fleece there have been receiving even more than tbe general market. Eta tern mall advices continue to tell of a very strong tone in the wool sit nation, and continued strength is shown in all foreign markers. klobalr market Is steady to strong, st 48 i 40c a pound, with offers generally made at tbe so prices. ..$8.000.15 8.75 .. 8.25Q8.40 . . 8.604J8.73 . . 7.50(g8.00 .. e.003iT.06 7.50 .. 7.257.33 . . 7.50ig7.75 .. 7.0037.25 .. 6.506.0O .. 4.O0Q5.00 . . 2.0O&2 75 8.00 7.00Q7.&0 14 No. Av. Hw. Price. 2 bogs 220 SO. 10 6 bogs 228 0.10 5 bogs 208 9 0S 2 hogs 180 O.oo If) bogs 165 9.00 21 bogs 210 0.00 5 hogs 212 9.00 1 bog 160 ftfiO 5 bogs 118 8.25 12 hoga 140 7.60 2 hogs 120 7.50 1 bog -,120 7.50 YEARLINGS. 15 yearlings SO $8.00 WETHERS. 1 wether 110 S7.50 EWES. 7 ewes 138 Sfl.50 20 ewes 87 3.90 LAMBS. 6 lamb. lis S8.50 Thursday Morning Bales. STEERS. No. Ave. Lbs. Price. 1 steer 8f SG.OO 1 steer 7i0 5.50 COWS. 3 cows 870 10.50 8 cows 8.15 5.'iO 2 cows 07 4.50 1 cow SoO 4.50 1 cow 710 4.50 1 cow 670 4 OO 1 cow 480 3.00 BEIFERS. 1 heifer 7rfl 6.00 1 belfer 6VJ0. 5.50 HOGS. 1 hog 100 8.50 1 hog 170 1 hog 140 8.00 S3 bog 128 7.50 4 hogs 132 70 AMERICAN LIVESTOCK PRICES Open. High. Low. Close. January l:tto IA.VI l:m l;i3T March 1304 13(18 l:2 1353 May 12HK 12U8 12HH 1285 July l:sn2 1.U5 12!t5 12t5 August 1315 1315 1305 l".ltj hei-'tember .... ,.. l:ll October 1327 1333 1313' 1315 December s 1314 134t 13;so 1333 Various Wheat Markets. Liverpool Cssb wheat unchanged. Buenos Aires Cash wheat ye higher. Kamas City Cmrh wheat 1c lower. Dnluth May Sl-21; July, 1.22. Winnipeg May 11.104; July $1.111. Minneapolis May S1.22; July $1.21 Kansaa City May' $1.07 ! Jnly $1.08 Qta. Bt. Lonja May- $1.11; July $1.1354y. Oregon Apples In South. Apples, California: Newtown Pippins, 4 tier. $1.0001.15:0 4H tier, 75g85c: do 3U tier, $t.2Dl.&5; other varieties, 75Jtl 00 per box. Oregon tend Washington: Wlnesos l85(g2.25; Newtown Pippins, 75cJ$l 00 for choice and $1.251.50 for fancy and $1.0041 1.T5 for extra fancy. Dalles - Columbia Line Operating Strs. J. N. Teal and Twin Cities Portland to Upper Columbia and Snake river points, l.v. Portland about every ...... . .-. four daya. , , . .... rom rsrroKMATXov caxs tatx.os ur. socx. hLAxa eia. A-mx . . rNcw York Sugar and Coffee. Tew York. May 11. (U. P.) Sugar Ceo. trifngaL $8.52. Coffee New Ybrk apot No. 7 Rio. Cf No. 4 Santos. 10Hc ' New York-London Silver. ' New York. May, 11. Bar silver 76$4e: Mex. lean dollars 58. London. May It. Silver Md. San. Francisco Hop Market. San rfaBciseo, May 10. (Pi N. . Bops, 1P13 crop basis per ponnd, prices to growera; Sacramento Talley, 10ai2c; Sonoua and Men docino. Uhntl Oregoa,. til U Vie; Washiactna, . t j. - . Chicaro Hoes $10.00. Chicago. May 11. Hogs Receipts 13,000, strong, 10c above yesterday's average. I'u'k $4) 700.00; light. $0.40itC9.05; mixed, $0.45t9 0.95; beavy, $9.40(310.00; rough, $9.409.55; pigs, II.29m.lD. Cattle Receipts 3000 strong. Native beef steers $7.90(210.10; western steers, $8.0069; stockers and feeders, $5.608.60; cows and heifers, $4.25.M; calves, $6.75910.23. Sheep Receipts 14.000. steady. Wethers t7.164J3.60; lambs, $S5312.5; springs, $11 13. St. Louis Hogs $10.00. St. Inis, May 11. U. N. S.) Hogs Ite- celnts 85K. steady. Pigs and lights. $7.5Q 9.90; mixed and butchers, $9.7010.00; good heavy. $9.boz 10.00. Cattle Receipts lOOO: steady. Native beef steers, $7.50fr9.S5; yearling steers and heif ers. $S.500.7o; cows $5.2SS.25; stock-ers and feeders. $5.508.50: southern steers, $5.75 t.75; coits and heifers. $3.00(38.00; prime rnuthern steers, $9.009.l0; native calve $q (Jt 10.25; prime yesrlugs and heifers, $8.75g 8.50. .Sheep Receipts 3000, higher. Wethers $7.00 8.50; lambs, $10.00 12.00; clipped lamba. $tt.0U&10.15; .lipped ewes, $7.508.50; spring lambs, $12(14. Kanaaa flit TTwa Sfl OA Ksnsas City. May 11. lL A'. S. 7 bogs 6O00, higher. Bulk $0.a5(g9.85; beavy. $0'. II.KO; packers snd butchers, $9.70&a.85; light 8r59.80; pigs. $. 50(99.25. Cattle Receipts 2000, strong. Prime fed steers $9.359.65; dressed beef steers. $8.00 41-25; western steers, $S.K)fat9.4n: stoi-kers anl feeders, $7.00fcgs.?3; bulU, $37537.50; cslves. $o.ooeeio.7&. Sheep Receipts 7000, strong. Lambs J."W)tfi 12; yearlings, $8.50011; wethers, $7.509.50; Oznaka Hogs $9,75, Omaha, May 11. (I. N. 8.) Hogs 8.500, steady. Beavy, $9.55 9.75; light. $9 40g9.(5; pigs, S8.OO0.OO; bulk of sales. $9.500.0o. Cattle ReceipU 8000, steady. Native steers SS.O0fe9.50; cows snd heifers, $(1.75618.25; v eatern steers, $7.00it.O0; Texas steers, $7.00 8.00; stockers and feeders. $.7ofa8.S.". PheepRecelpta 8800, strong. ,Yearl!mts, JS.75iH10.75: wethers, $8.25&9.5Q; lamba, $10.75012-00. Dearer Hogs $9,7$. 0 Denver, May 11. Cattle 30O0, steady. Beef steers. $8.O029.0O; corns sad betfers, $8.50 7.80; stockers snd feeders, $T OofaS.30- calves, $10.00 t 12.00. Hogs 13ot, 40c higher. Top $9.75; balk $0.05. Sheep 200. strong. Lambs $10.2511.13; ewef,.$8.2Oes.0Q. Seattle Hon St.St. Sesttle, Wash., Msy 11. P. S. 8.) Bogs Receipts stesdy. Prime lights, $9.i3a t.25; medlnm to choice, $9.O04i.0.13; smooth Bvavies. $8.S06r8.75; rough faeavles. $S.00Si 8.23; pigs. $$.00188.75. Cattle Receipts IB, steady. Best steers. S8. 50619.00: medium to choice. sM.oocts.50 common to medium, $A.507.5O; best cows, $7 flT.eo; common to medium cows. S4.ww.$0 bulls, $4 Ml W 8.50; calves. $7.6008.50. Sheep Receipts 8, steady. Lambs $1011.SC yearlings su.uu(gH); ewes, .aoia.w. St. Ixals Wool Market. It. Lents, Mo.. May 10--(I. N. 8.5 Wool . i . n. a 1 . ' ' : Wwes, writing a (alllsff e advertisers rlets bcntioa J.M rfooinsi. ... taav.j MARKET HAS A UI 11 NKMER FEELING A FURTHER ADVANC Peace Talk Has 1 Effect onTTrading Raid Stop AdTancJrg Tendency, While Industrial Shares Are Heavy In New York. E Kew lork. Jlsf 11. (I. H. 8.) Tbe stock market was subjected to peace talk influence today. Rumors of an early cessation of bos tlHUes in Europe were more pronounced today titan at amy other time this year and the re sultant heaviness of tbe industrial list cheeked to a considerable extent tbe advanetnr ten dency in tbe rails. Heavy selling in Reading and Erie was pre cipitated by reported governmental lnvestljs- uon 01 tbe increase in anthracite coal prices. Reont traders, small specalators snd taps readers, for 'the most part were on UeJesr Sft I&JZ!. t local organ of the In.tl- In the -market today favored restricted eper aticsa os the long side until some of the present complications are eliminated. Heading opened at 88V and In the rtrst tour advanced fractionally. Rock Island was ac tive and sold around 1S3H. Steel common opened half no and farther galna .were made in the early trading, while cnwible went to soft in the first sales, trom an opening lower. Zinc snd smelters were about steady to tbe close and tbe locomotive Usuts scored advances of 1 to 2 points In the first boor, a) arise preferred waa unnsnslly ctlve and went above 93 In the Initial activi ties from an opening at 88 i4. Tbe sugar stocks were s ctlve and htgberfThla was tine of most of the standard specialties. Mexican Petroleum went above 108. The market closed firm. Range of New York prices furnished by Over- beck k Cooks Co., 216-217 ' Board of Trade banding: Open I High j Low tClose JOBBING PRICfiS OP PORTLAND These nrlces' are those at which wholesalers sell to retailers, except aa otherwise stated. Dairy Prodnoe. BUTTER Prints, extras, 29c; prime firsts. 27c; firsts, 2SVjc; cubes, extras, 27sf2so; prime firsts, Ac: firsts. aiiiAViZ pr lb.; dairy. Ij20t BUTTBRFAT PorUsnd deUvery Ne. 1 sour cream, 27c; No. 2, 25c. KUUS seuing price by dealers unsettled. delivery extra: Selected tresb. 22s22c dos,; esse count, buying price; Oregon ranch, 21 He' LIVE POULTRY Hens, besvy. Plymouth Jtock. 18c; ordinary chickens, 17c lb.; staga. lzc; broilers. Mtn-ioc io.; turaeys ixiuzic; dressed, fancy. 2tii27c cnlls, 17(g20c; pig eons, $1.00il.25; squabs, $1 20 doseu; geese, live, 10llc; Pekln ducks, old, 10c lb.; young and heavy, 17c; Indian Rnnucrs, 14c per lb. CUEEiit, belling price: rresb Oregon rancy full cream twins and triplets, 18c per lb.; Young America. 19c. Price to jobbers: Fists, ltic: Youm Amesics. 17c. f. o. b. : cream brick, 23ii 24c; llmberger, 23tf2-c; Wisconsin wheal, o44,jtSc; block Cwiss. 'Mjc. n Fruits and vegetables. FRESH FRUITS Oranges, fancy ntvel. $2.0ua.25; bananas, 5c lb.; lemona, $3.00a 4.25 box; grapefruit, Florida, $4.505.25 caae; pineapples. svauc per io.; pears, n.wmim. RliKRma strawberries, riorui, i.soaii.(v: Oiegon, $2.00. APPLLia ixjcal, 50c$1.30 per box. accord ing to quality. UMOs i, ii.io per cental; no. z, 1.25&tl.50; association selling price, carloada. $1.50 f. o. b. country "points; garlic, 12 Vic; new onions si.ioiaz.uu craie. POTATOES Helling price: Local, $1.23 1.50; buying price, $1.001.15 per cental; new California, 44fcc; sweets, $3.60. EOBTABLKS Turnips, Toe uosen bunches: bets. 70c per doxen bunches; carrots. 70c per dozen bunches; parsnips, $1.00 sack; cabbage, 1S.25 Der cwt.: green onions. 25c doxen bunches; peppers, Florida, 25c dozes; head tettuce. California, vi.a per crate: celery. Florida. $3.0; cauliflower, local, 1.0Oai.i5 per dozen; French artichokes, 75c; aspara gus, local, $1.00(gl.25 dozen bunches; hot bouse cucumbers, $T.001-50 dozen; tomatoes, Florida. 14 IX): egg plant. 20c lb.: sprouts. 9c, spinach, $1.00 per box; rhubarb. lVssTc oef Ui.i uaaa. aiaovte id. Meats, FUk and ProvUiscs. DRESSED MEAT Selling prlee: Country killed fancy bogs, n0iivo; poor. 8jlOc lb.; fsncy veals, lot$ivfte; oruinary, uvic; goata, aio.Dc lb.; spring lambs, 17c lb.; mutton, Kb lh s BAM8, BAt.ua. mu man, ivtaae io.: breakfast bacon, 17g('30c ,b. ; boiled hams. 30c lb.; picnic, 13c; cottage roll, loftc; Ore can exoorts. l&'S.llS'At per lb. OYSTERS Olymplu, per gallon. $3; canned axatern 55c can. SO.OO doxen: f astern lo shell. $1.85 per 100; razor ciam, iz'c oozeu; east eru ovstera. per gaiion, soiia uses, so. FISH Uressea nouuaers. ic; enmoox sal mon. 11c: perch, 74iSc per lb.; lobsters, ,20c; ailvrr smelt. 6c: salmon trout, 12 "Ac lb: halibut, 8 12c; torn cod, 7c; black baas. 7Vi lb.; shsd, dresseo, ic id. CKAxS large. s.io; mftiiuu, ooxen. LARD iierccs. kettle rendered, 14 c; standard, 14c. urocenea. SUGAR Cube, $9,20; powdered, $8.95: fruit or berry, $8.45; beet, s.:s; ary granulated, $8.45; D yellow, $7.b5. (Above quotations are 80 days net casn,j HONlsi ew, jJiOMJJii per case. RICE Japan atyla. No. 2. 4c; New Or- kini head. 5!i(tiV,c: bine rose. 64c. SALT Coarse, nail grounas, loos, jio.oo per in: bus. ll.so: tsoie uairy, ous. siti.w; luus. $10.50; bales. $2.25; lump rock, $20 per ton. BEANS Small white, $8.25; large white, $8.10; pluk, $0.25; liluas, $5.75;lbayou, $025; red. so.oo. Hops, wool ana uiaes. HOPS Koiulnsl .ouying price, I15 or on choice, 11c lb.; prime, loc; medium to prime. 7c lb. WOOL Nominal, 1918 clip; Willamette val' ley coarse Cotswold, S337c; medium Shrop shire. i430c; fine, a2(tj,Jc; eastern Oregon. 19I&30C. HlDlifi Salted hides (25 pounds and nn. 16c; salted stags (50 lbs. and up), 12c; salted kip (15 lbs. to 25 lbs.), 17c: salted calf (up to 15 lbs.) 22c; green bides (25 lbs. sad up). 14c: s-reen stags (50 lbs. and up). lOc: ereen kip (15 lbs. to 25 lbs.). 17c; green calf (up to 15 lbs.), 22c; dry flint bides., 28c; dry flint cttlf(up to 7 ids.), 90c; ary salt hides, 23c; dry horse Biuea, eacn, dcaxti.ao; salt borse hides, each, $2.00-83. 00; horsehair, 28c; dry lane wool belts. 20c: ary snort wool pelts. 10c dry sheep shearlings, esch. 10025c; sslted sheep saeariings, eacu, i.-jiai-oc; coarse vsuey wool, at market value; medium valley wool at market value; mohair. 4?'j-iwc; fso. 1 tal low. 8c: No. 2 tallow, 7c: No. 1 grease. 8c: dry goats, long hair, IV; dry goata, ahear- linga. eacb. 10S20c; salted long wool pelts. April, ai.ao'&-ou. talluw r.o. j, no. z. c; gresse. Te. CH1TT1M OR CASCARA BARK Buy Ins prices, per car lot, 4c; lesa than car lots, 4c. Paints and Oila. COAL OIL Water white, in drums and Iron barrels. 10c. LINSEED OHj Raw, bbls., 92c gallon; ket tle boiled, bbls.. 04c; raw, ease, 97c: boiled esse. 99c til.: lots or 250 callous, le less. '1 L m'fc.Ji l l.N fc, lanas. Uic; cases, 74c gal lon. WHITE LEAD Ton lots. 10c lb.: 600 Bt. lots. 11c: less lots, HVie ner lb. OIL MEAL Carload iota. S34: less than car lots, X30.50. GABOLINK Basis prtce 19c per gallon. 50 Per Cent Rate Is U. S. War Risk Rate Xdoyds Caarg-ss Zt to Insure Against War Wltb Oermany and 60 rer Cent Afminat V, M. Braaklns; off aWlationa, London, May 11. (J, N. S.) In qulrles have been received in the in 8urance market for rates covering the) risk of a disturbance between the United States' svnd Oermany. 'S'.xty per cent was quoted today against the risk of cessation of diplomatic relations between the two countries within the next three months, and 50 , per cent afainst the risk of a declaration of war. Alleged Spy Shot Near Submarine L-8 Portsmouth, N. H., May' 11. (TJ. P.) A supposed spy leaped into the. river in the navyyard today when a guard discovered him and fired a. shot. The man sank from sight. Javal author ities are dragging for his body. Of ficials believe, the spy intended to damage or - obtain ' information - about , me submarine i-S. . t . , Finance- Commerce-Industr ( Portland Banks to Pay Expenses of Threw Delegates Elected tb Cln cinnatl Meeting of American Instltnte of BankiBg-Seattle In stUntlona Adopt Dlffereni Plan. . Banks Send Employes to Rational Oonveatloav At the annual election of the members of the Portland chapter of the American Institute of Banking, held in the rooms of tbe chapter at the Multnomah hotel on Tuesday eve ning, besides the election of officers two delegates to the national conven tion of the institute, which will be held In Cincinnati in August were elected. Those chosen were M. E. Fitsgerald of Ladd & TiUon bank, who for the past year was editor of -the rscrintloo Alaska Gold Allla Chalmers, e Allla Chalmers, pf. ... American Beet Sugar. A merles n Can, e American Can, pf American Car Fdy., c. American Cot. Oil, e.. American Linseed, e... American Loco., e..... American etmelter, c.. American K me iter, pra. American Sugar, e.... Am. Tel: A Tel '. American Woolen, e Aiiaconda Mining Co... A tcblson, e AtcbUnn, pf Baldwin Loco., e Baltimore A Ohio, e. Btthlebem Steel, e Bethlehem Steel, pfd.. Brooklyn R. T Crllt. Petroleum, r. . Calif. Petroleum, pf.. Canndlan Pacific Central Leather, r Cbesspeake' A Ohio Chi., A U. W., c ChL A G. W.. pf C, M. A St. P Chi. A N. W.. c Chlno Copper voioraao r. as i., -c.... Consolidated Gaa...... Corn Products, c...... Corn Products, pf...l. Cmctbte Steel, c Crncible Steel, pfd ienwr & k. u., c Denver A R- G-. pfd.. Distillers ,. Erie, c Erie, 1st pf General Electric General Motors........ Goodrich Rubber G. Northern Ore Lands G. horthren, pf....... Greene-Cananea Hide A Leather, c. ... Ice Securities. Illinois central Industrial Alcohol..... Inspiration luterooro, e lr.terboro, pfd. ...... Kansas City South., Cv. Iickia wanna Steel Leblgb Valley LoriarUle A NaaliTille. Mexican Petroleum. . . . Miami Copper ...... M. K. A T., c Kennecott Copper Missonri I'actric ...... National Lesd Nevada Cons New: Haren New York AJr Brake.. New York Central N. V.. Onf. A W Norfolk A W., c Ncrtbern Pacific Peunsylrsnia Baliwsy. Teople's Gss Pressed Steel Car, c. . . Rsy Cons. Copper Railway Steel Springs. Reading, c Heading, 1st pfd Reading. 2d pfd Republic L A S.. e Republic L A 8.. pfd.. Rock Island Sbattuck Sears s Roebuck A Co. 8tudebsker, c Studtbaker. pfd Slosa Sbeffield Southern Pacific Southern Railway, c. .. Soutbern Ry., pfd 5nu. Copper Texas Oil Texas Psclfic Third Avenue T.. Ht. Ij. W.. c ITnkn Pacific, e Union Pacific, pfd.l... Ii. S. Rubbor, c U. 8. Rubber, pfd It. 8. Steel Co., c V. S, Steel Co., pf... United Cigars Mfg Utah' Copper Virginia Chemical, c... W. V- Tclegfaph Westlugbousfr Electric. . Wisconsin central..... Wooln-orth 28 784 78 22H 68 V4' 113 84 H 103 V '85 ti 7Ss 23 48 ltttt 53 H 1 13 'o3H 42H ioii 04 70 30 76 40 11H oi 20 140 45 14 75 26 V4 105 4 50 6 05 17 134 it 124' 11254 11 47 22 8S'j 43 47 lo 21U 32 Vi 1H2 132 100 65 21 S 1 4.TU 101 Mi 185 55 10s 116 80 01 Vi 58 37 1R3 27 81 73 60 60" 22 70g 08 114 85 ! 103 87 23 48 170 62 13 95" 53 42 1914 94 0 52 3 77 40 U9 054 20 148 454 16 Te 6 108 36 4 56 rl 17 105 124 1 112 56 k 101 4T 22 43 89 43 47 I 108 21 32 185 132 iow 98 21 61 45 192 lt 26 78 72 6544 68 '22 68 ii 96 112 84 103 87 23 .48 11 52 61 13 94 42 jo" 93 78 6 36 75 40 119 50 0 28 145 44 1H 74 25 105 38. 3 55 65 1T 132 1W4 123 1112 56 101 40Vi 22 88 4.V 46 lOg 20 32 181 131 100 55 07 4S 191 10 1'ntal sales. 454.200 shares. Ex-dlr. 1 per cent. 135 fZ 65 108 83 "6 '80 02 60 u7 137 134 82 64 1IWJ 83 116 TO 91 V, 30 133 tute, and R. M. Doble, the retiring- president of the Institute. These two. with E. C. Sammons, the newly elected president, will have all of their ex penses paid In connection with their attendance at the national convention. The Portland Clearing; house, which has each year paid the expenses of cer tain delegates to the bank clerks' con vention, this year agreed to finance the trips of one delegate for each 109 members enrolled by the Institute, or a major fraction of 100. The Institute now has a membership of a few over 800 clerks and is therefore entitled to send three delegates. Li A. Perry of the Northwestern National bank was elected an alternate in case any one of the three chosen la unable to at tend. The clearing house also pays $1000 towards the expenses of the maintenance of the quarters used by the clerks in the Multnomah hotel, and the cost of carrying on a course of ed ucational lectures on banking and al lied topics which are of especial serv ice to the bank clerks. Banks Reward Industrious Employes. Eight of the Seattle banks will each award the one of its employes who was among those successful in passing with the highest grades the annual examinations on the theory and prac tice of banking, held by the Seattle chapter of the American Institute of Banking, by giving him a trip with all expenses paid to the national conven tion of the American Institute of Banking, to be held in Cincinnati In September. , err a class of 44 men, 17 attained percentages of over 90. This will give the Heat tie bank clerks a representation of more than 12 men at the convention, aa the president of the local chapter will go by virtue of his position and other bank employes expect to take their vacations in this j wcy. The employes who were suc cessful in this connection were B. N. 1m Davis, tellerv National Bank of Com merce; Caspar W. Clark, statement clerk. Union Trust & Savings bank; W. C. Phillips, teller, First National bank; Harry J. Nutt, Bank of California; II. O. QrondahL Seattle State bnk; Wal ter Q. Seelbach, Seattle National bank, and representatives from the Scandi navian and Dexter llorton National banks. aoxtland Chapter Elects B. C. Sam mons. The local chapter of the Amer ican Institute of Banking elected E. C. Sammons, assistant ' cashier of the Lumbermen National hank, president at the annual election held in the rooms 26 Jof the Institute at the Multnomah hotel. 63 I Ma will hnva aBanrlntit with him on the board of directors, W. M. Adair, Security Savings & Trust company; T. E. Dooley, Hlbernia Savings bank; A. T. Matthew, bank of Calltornia; L. A. Perry, Northwestern National bank, and Floyd Warren, First National bank. T. U. West of Ladd & Tllton bank was elected to represent the chapter at the am.ual convention of the Oregon State Bankers' association to be held in Port land during- Rose Festival week. . Electrical Sdon to Use Trade Accept ances. At the last monthly meeting of the Electric Dealers' association it was unanimously decided by , the Jobbing house members Of the organization to use trade acceptances as generally as possible In the extension of credit to their trade. F. N. Averill, president of the association, addressed tbe members l 20 v 72 56 10 K 62 22 63 06 113 112 128 84 103 100 SG 87 445 135 85 23 48 1UI) 1J (11 J? 12S 63 42 19 93 79 114 1" 22 61 88 52 105 425 70 40 I Jn-ia 0O? 6 28 101 147 16 74 78 127 106 36 6 5 17 68 133 104 27 ;i23 112 56 101 40 2 42 88 45 42 40 108 20 32 184 131 1U9 65 97 2i on the subject and urged their' u The practice of using acceptances is b lng generally encouraged by the bank The advantage claimed for the plan 1 that It puts the transactions on s available cash basis and ensures th ultimate payment of the transaction 1 a way that could not be otherwise at talned. ;.."'? ' j Caase of miae la Silver The Ma monthly letter of the National Cit bank of New York, copies of which ar distributed locally by the Unite States National bank, contains the To lowing explanation for the recent ria in silver: , y-'.i : "The gathering of gold coin from elr culation into the Issue banks of Ju rope created a demand for silver col: to take its place In common use an: the payments to the soldiers and In creased, amounts of change required U (pay the workers .In the munitions fee- n . , , . . .. . t. 1 1 tones nave ueen iaciors. unwi xjru ain coined 28,000,000 ounces Of Silver in 1915, which is five or six times the normal amount. France. Italy, Hol land and other countries have pur chased unusual amounts. The revival of trade in the United States created a new demand for change in this coun try, and the mints resumed purchases In September last, since when 'about: 6,000.000 ounces have been aoqulred, I The movement to Asia Is. atlll very: light and under the circumstances the advance cannot be regarded with con fidence. It seems to be dependent upon the continuance of government "pur chases, and as these are for subsidiary ; coins only the amount that can be.ab- sorbed is limited." v! Zs There a meal Prosperity A, B. Farquhar, of A. E. Farquhar eV Co., S Ltd., manufacturers of farm imple-1 ments and heavy machinery, York. Penn.: The part that war orders have played in the growth of business In the United States' is well defined. We do not have to think about that. It fur nishes tho larger portion of our ex ports, and so far as there is a "wave of prosperity" in this country. It fol lows the etcer manufacturers and Oth ers interested in said exports. It does not pertain to tbe people generally since business throughout the country is not fully normal; for instance, does not com para with 1906 and the first half of 1907, before the panic, or oven '09, '10 and '12. following the panle. Of course the aggregate of our for-, elgn trade will greatly diminish In bulk after tbe war, but the trade tn some Unci, such as cotton, 1 naval stores, agricultural implements" and other articles that are a 'specialty of the United States, will increase. Immediately following the war there Is likely to be a depression la domes tie trsde, but I see no reasoa why It should not tecover at least the present status or more, eventually becoming normal. C Since not one-tenth of the business men of tbls country or their clients have felt any signs of a prosperity wave, I camict imagine why the newe papers, ecpeclally trade Journals, should continue to harp upon It. In conclusion w'.U say, we are a care less, wastetul, thoughtless nation. We do not take life seriously. If we keep our heads, study economy and effic iency, and do not wasts our substance In making this a military nation, there is no reason why the United States should not continue to prosper, ".g Hood XJver Bank Buys Boadfv At a meeting- of the board of directors of the Hood River publio schools held Wednesday night, the Butler Banking company of Hood River was the high est bidder for the $45,000 school bond. They offered a premium of 11409. The bonds matured In 20 years and bear 8 per cent Interest. Eight bids were sub mltted. Work will begin at once Jn the erection of the new school unit OB Eugene street and the t 30,000. Im provement to the high school building on the heights. Washington and California this spring. Bishop Breyfogel will be the leading speaker at the woman's missionary con vention, In Albany, Or, beginning to ol I day. 45 I O.mnw ClaflAM n..1,fl.l will H.Airh 1 " " . ' eo : Tenth and Clay streets, at 11 a. m.; 5 ! First United Evangelical church, East 1 i Sixteenth and Poplar streets, at 3 p. m.; Evangelical church, Lenta, 7:0 107 P. ml ........ 83 I une Diafiop win preside at me Ore gon annual conference, beginning Thursday. He will then station the Oregon preachers for the coming year. 116 59 80 3l 69 87 137' Counsel Says Press Hounded Slaughter Prosecution of Pastor Compared With Frank Case; State, Aceused of ! Jug company, left Seattle this morn- Would Repeal Dry Law in Washington Bert X. Swexea Declares riling- of Initiative Bill Follows Demands from All Farts of State. Seattle. Wash.. May 11. (U. P.) 1 Bert L. Swezea of the Pioneer Prlnt- Threateninf (Mr, to Seeure Evidence. Oroville. Cal.. May ll.--(P. N. S.) Attorney Guy Kennedy prefaced his arguments to the jury this morning by a bitter attack on tbe press of the state, denouncing tne newspapers as biasing publio opinion against the Rev. Madison Slaughter and in favor of Gertrude Lamson. He compared the Slaughter case to tbe Frank case of Georgia and de clared that the press was hounding Slaughter as it" did Frank. He de clared that powerful influences were at work against his client on account of his reform campaign and that the vested interests were straining every nerve for Slaughter's conviction. He accused the prosecution of mak ing the Lamson girl testify to lies against the pastor by threatening; her vi.h the rerorm school. Bishop Breyfogel Is Portland Visitor t : , 1 Beading-, Pa, Xieader to Be Principal Speaker at Woman's Missionary Con vention at Albany. Bishop a C- Breyfogel. of Beading. Pa., is in Portland today on a western visit to attend conferences of tbe Evan gelical church to be held In Oregon, lug for Olympla to file an initiative bill, repealing 'he present prohibition bill. There are two initiative measures now on file amending the prohibition, which is known as initiative No. 3. The Swesea bill is for an absolute repeal. The bill was decided upon following a' meeting of several business men, says gwesea, and was prompted by tbe fact that Initiative bill No. 3 was adopted by ttfe people "without fully understanding its provisions." "The filing of this bill," Swezea said, "is In response to demands from all parts of the state to have a second vote on the question.". Perkins on National.; G. 0. P Committee Xaooma Pnfcllsher Seeleetedi Bepubll ' can and Progressive Delegate Stay Oo to Chloag-o In a Special Car. Seattle. May 11. (U. P.) Samuef Perkins, publisher of Tacoma, waa re elected this morning as Republican; national com ml Hem n from Washing-.' tdn. This action was taken by .he Washington delegation to Chicago, which met in State Chairman Millard T. Hartaon's 'office in the Smith build ing. It carried outjthe spirit of a mo tion made at the state convention last Saturday, when Perkins withdrew his name as a candidate for delegate-!-large m order to make room for Hart son. The delectation also took up matters, of transportation, and a special car on which the Republican and Progressive delegates to Chicago will Jointly travel, may be decided upon. PORTLAND FIRE RECORD Tuesday. :'i-v";i 12:55 p. m. 999 East NlneteentU street north, chimney fire; slight dam age. 4 4:12 p. m. 237 Glenn avenue, ear-) leesness with matches; 100 damage., , Wednesday. '. t 11:16. a. m. Chandler's bakery, J 004, Belmont street, defective bake oven,' 130 damage. ' 8:0S p. m. John Erlckson, 7M No--halera street, explosion of kerosene stove, house destroyed, loss onestl mated. Tbnnday. f- -ir 'f;v'; No fires. ' Overbeck & Cooke Co r Stock. Bonds. C ottos, Oratm, Stev-i K6-OTBoera of Trade Buttdlaf.' DIRECT PRIVATE WIRES dfq ALL KCHANGE5 Members Chicago Board Trade r Correspondence of lertn A Bryan. i Chicago. New York. . . The First National Bank Fifth and Morrison Streets : r. f ; Capital and Surplus. $3,500,000 In every department of banking we are prepared to serve the public ac-.ceptably. -"