v THE OREGON .DAILY JOURNAL, PORTLAND, WEDNESDAY, 4 MAY 24, 1916.
17
SHORTAGE OF
OLD POTATOES ARE IN
BETTER DEMAND ON
IT ST.
Sale Being Made by VholeaJers
Ing to Quality New Stock to
Cost More, Money in Future.
Th demand for old potto It extremely
good In th local market at thti tint and
aale ar being mad by wboIealrs at 11. BO (3
1.T5 a cental. Buyer are paying $t.2321.AO
for supplies; the latter for eitra select ijnal.
ltf of whirs there 1 only a rcrjr nominal
supply offering.
The extrvoie strength of the new botato
market la a big factor Id toe market for old
atnek. - New potatoes are advancing In The
jtattii hjuanaa nf the treatee demand It la
instated that the next carload to come forward
s ' " r .
after rne u 7 . irnni wiu law mat
eoe per cental more moo than recent ar
rlrala. At tbla time new potato are aelllng In the
local market generally at te a pound In
sacks and 8 m la box. The qnallty of lateet
antral from tbe snath 1 rather favorable,
but the sxtrem coat 1 throwing tb bulk
of tb business again Into tbe old crop offer
Inge..
SMALL BROILERS ARK LOWER
With more liberal run of bmlleri Into th
front tret trade tb market la weaker be
aoa of th email alaea. Hlrda that weigh
la than 8 pound are principal arrival and
Urge itock la wanted. )
FIRST CAR OF RKD
. first carload of new crop red onions thlpped
at of Rtorkton, Cal., tbla senaon; baa arrived
il th Portland market. The atripmeot came
' la I. R. Martin, a lix'al hroker. wbo illatrlb-
Uted'lt to the trade. Salea by wholesaler at
fS.ZS per aack.
CAR OF CANTALOUPES SOON
Broker U S. Martin reporta that b flrat
I A -. - I . M.I. .n lun m ill
.I in i-niiiniiupr in ..... .......
. .. T. .An. n( BVIrlav m..P
w nr iLMr iitiiiBUBj ri " .., .......
lng. nail or me car wui remain ii-rp uu im
remainder will go to the rnrloiia Puget sound
market. Ponies will be priced at $4.50 and
tandard at $3 per crata.
RIPE B..NWAS ARE SCARCE
With the market flooded with chilled sicca,
(tp bananaa ara acarce aloog the whnleaale
way. Prices are ahowlng no rhang. although
th fruit 1 coaling wholesalers more money.
PRUNE MARKET IS FIRMER
Market for old crop prune la somewhat
firmer and actlr with prlcea Blither. Local
wholesale were offering as hlh aa TUc a
pound for moat faTorable alze and Ac for the
trailer fruit. ew crop contracting la i
ported.
BRIEF NOTES OF THE TRADE
Very email run of salmon continues In both
th Willamette and Columbia.
Ran of shad la only fair with dressed eel
lag at 84e.
rblcken market In general 1 steady at 1()Q
19V4c a pound.
Next ahlpment of oranges will cost S5e a
box more.
California cabbage Is allghtly lower at H
Cc.
SHIPPERS' WEATHER NOTICE
s 1
Weather bureau adrlaes: Protect shipments
taring th next 4. hour s far north aa Se
attle against minimum temperaturea of about
San Francisco
Los Angeles
'fWlthout Cnaa- an Route)
Th Bltr 91
Clean. 14
Comfortabl. $13
Xlegantlr Appolatad i 7
SEA-CrOIHG STEAMSHIP
BEAR
Sails Trom Alnsrworth Book
$ ?.M, May 89.
100 Ooldan Milaa oa
Ooltunbla aUr,
All Kataa Xaolad
Bartba and MMi
Table and Samoa
TTaxcalld.
Th San rrandaeo U Portland S. a.
Oo. Tblrd and Waaninatoa Strta
f with O-W. . at ir. Co.) TaL Broad
way 4S00. A-6121.
Bails direct tor
SAN FRANCISCO
LOS ANGELES SAN DIEGO
Tomorrow, Hay 35, 8:30 P. at.
Baa Franoiaoo, roruaad 4k La Angsts
teamship Co. Frank Bollam, Agent.
184 THIRD STREZT. A-4A98. Main Sa.
Dalles -Columbia Line
Oparatlnar
JStrs.J.N.Tcal and Twin Cities
Portland to Upper Columbia and Snaka
river polnta. l.v. Portland about every
zour daya.
TOB XBPOBatATXOir CAX.X. TATZ.OB
r t. vuua. avatar ais. v-77aa
r
,S.S. "Prince
Via (afttL -
FKi
MARKET
TRANSPORTATIONS
; UJi1UL;Ai
and Prin'c- Rupert, bVc Skagway, Connecting With White
For trass ana iuxon iaiiway.
i Steamers Connect at PRINCE RUPERT with
GRAND TRUNK PACIFIC RAILWAY
For Prince George, Edmonton, Winnipeg, St Paul,
I Chicago, Detroit, Buffalo, Toronto, Montreal,
Boston, New York and all poinst east via
i CANADIAN ROCKIES
Electric Lighted Standard and Tourist Sleepers, Dining and Observation
f t Parlor Cars . .. .
City TUWet Office, 116 Thtrct St. Phona MarahaU 1979
DORSEY B. SMITH, C. P. A T. A. v,.. ,J. a BURCIS. a A. P. D.
HAY IS INDICATED BY THE EXTREME
Valley Berries of
The Beat Quality
Are Far Superior to Those Received
From Kennewlck Market Is
Generally Higher.
Willamette talley strawberries were In
somewhat mora liberal supply dtrrttg tba day
with general sales around SS.T5 a erst.
Bom were asking a fraction abor this for
ettra select quality.
Great disappointment is expressed by tbe
trad over tb delivery of tb flrat carload of
Kennewlck stock of tb eseoa. Tbla cam
forward In green condition, while moat of
tbe Vocal atoek waa of better quality.
Tb Kennewlck stock cost within a frac
tion of a crata to land la this city,
therefor even at $2.73 th trad Is really not
making expense, for that reason holders ara
Inclined to hold price up a much aa poesl
ble and tbla la i direct aid to tb local fruit.
Strawberry grower generally assert that
th aeaaon will be of abort duration with U
crop less tban baa been generally expected.
Injury to Fruits
By Recent Frosts
Th local office of tb weather borean re
port crop conditions throughout tb state:
Tbe week Just rloeed wa generally cool and
abewery throughout, although the opening and
closing days were mild arid favorable. Agri
cultural operations as a consequence were some
what interfered with, as tb ground in tb
western countle we too wet for working.
Farm work progressed la meat eastern counties,
and summer fallowing is nearly finished. Seed
ing also haa been practically completed. Win
ter wheat and alfalfa maul fair growth, but
the cool weather retarded th growth of
spring wheat, oata, barley, com and gardea
truck. Paaturaga is good, and stock ar thriv
ing. 'ITie frosts and freezing temperaturea of the
preceding week are found to have caused con
siderable Injury to fruit In extreme southern
and eastern counties, and lndlcatlona are for
a light crop of peaches snd a fair yield of
cherries. ports on the apple crop from
southwestern counties were not received.
The rains have saturated the ground In
many sections, and under the mild Influences
of the opening days vegetation made noticeable
advancement. What la needed now la higher
temperatures, with plenty of unhtne.
POTATOES ALONG THE COAST
Seattle Market.
Seattle, Wash.. May M. (II. P.) Onions
Oiegon, 2H$2V,c; Yakima. lHr
Potatoes White River. $28 ft 30; Taklma
l;ui banks, $:I4 Yakima Uenis, $343fl.
San Francisco Market.
San rrani-lsrn. May 24. U. P Potatoes
fer cental. Deltas, ej wharf ordinary, $1.00$
1.3.i per hundred, with No. 2 stwk 60fl0c;
ditto Bblmas, $1.40(31. 0; Oregon fancy, $1.65
9l.N6; Idaho Omi $2.00: netted Gems, $1.5
((il(H); new crop. Delta. $2.00g2.40 per
hundred; garneta, $2,3342.40.
On I one Par cental, Auatrallans, $2.V).
DAIRY PRODUCE ON THE COAST
Seattle Market.
Seattle. May 24 (t;. P ) Butter Native
Washington creamery, brick 2Bc; ditto solid
park. 23c.
Cheese Oregon triplets, lc; Wisconsin
twins, 10c; Toung America, 22c.
Eggs Select ranch, 26c.
Saa rranclsoo Market.
San Francisco, May 24. (O. P.) Butter
Extras, 2ftc; prim first. 24c: flrat, 23 &C.
Egga Extra. 24c; firsts, 22W,o; pulleta, 21.
Cheese California fancy. 13Vc; firsts, 13c.
Loa Angelea Market.
Lo Angelea, Cal.. May 24. (F. H. 8.)
Kggs Case count, 24c.
Butter Frh extras, 2Cc
44 degree; northeaat to Spoken. 40 degrees;
southeast to Bo We, 40 degree; south to Ash
land, 40 degrees. Minimum temperature at
Portland tonight about 44 degree.
piPALAIH'TtlttMflfir
Portland $20.00)
to and irEB
San Francisco $17.50) extras
(80 Houra)
Tourlet, $18 and $13.80 s 3rd olaaa, $8.
MKAL.S AND BKKIH INt'UUUKP
S. S. Northern Pacific
Steamer Express leaves North Bank
Station 9 A. M.
HAT 18, S3. 87.
From San Kranclaco May 20. 25. SO.
Ballings both ways Tuesdava, Thure
days, Saturdays, beglnnlna; June 1.
Through sleeping; car service between
Flavel and Vancouver. B. C.. and Se
attle, beginning June 1.
TICKET OFFICE. BTX AMD 8TABX.
Phonea Broadway 910. A-1671.
Alaska
Ketchikan, Wrangell,
Petersburg. Juneau,
D o u g 1 a a, H ainea.
Skagway, Nome an4
St. MlchaeL
California
la Seattle ot Kan Francleco to Zioa
Anarelea and Ban Slero.
Large, eommodlona passenger steamers, low
rates. Including berth end meals.
Full partlculara apply or telephone
Tloket Office. 849 Waaalnfftoa St.
Pan . Main 329. " Home, A-2393.
American-Hawaiian Steamship Co
All sailings between
U. S. Atlantic and
U. S. Pacific ports
are canceled until
further notice.
a D. Kennedy. Agt.. m Stark St.. Portland.
NEWEST AND MOST LUXURIOUS SERVICE TO
ALASKA
Rupert" andS.S. "Prince George"
I Steal. Twin Screw, Oil Bufnere
ALL OUTSIDE TWO-BERTH ROOMS
Leive Seattle Erery Monday, 13 o'Clock Midnight
.n W- ill ..
HAY MARE PRICE
IS RULING VERY HIGH
WITH STOCK SHORT
Offers of $22.50 for Low Grade
Willamette Valley Timothy Fail
to Bring " Out Sellers Alfalfa
Movement to Start Soon.
NORTHWEST GRAIN RECEIPTS
-Cars-
Wheat. Barley. Fir. Osts. Hay.
Portland. Wed. 81
8
2
2
2
rear ago 28
Season to date. 10,145
2TKKa
4iru I
1514
im
1
2
511
586
....
1267
1069
1708
1&47
1020
193.1
T
3
8S2
Year a bo
.15,921
14
4
, 8.781
. 8.910
.. ....
, 7,68
, 7,871
2004
Tacoma. Tim.
Year ago
Season to dale.
Year ago
1
2307
648 2041
""2 ""2
1021 4105
1201 8548
Seattle Tues. . .
3
3
20.18
2202
lear ago
Stuaon to date.
Year ago
Notwithstanding th talk la some quarter
that tbe bay market la very weak, tbe real
trade bere la excitedly firm. One of tbe
niot prominent local bonara freely offered
$22 30 for a earload of common Willamette
valley timothy, during the last 24 boura to
otter dealers, bnt waa unable to aecure sup
plies. Eaatero Oregon timothy wa being of
fered by tbe trade bere in carload lots around
$26.5027.60 a too, indicating. If anything,
that the market was firmer Instead of weaker.
Tbe offerings of California bay are limited
and for thla the price la being held firm.
Within aeveral daya it U expected that
raclflc northwest alfalfa bay will start to
market. The crop tbla season Is ssld to be
of quit fair volume, but It la not likely that
there will be free offerings wltbin the imme
diate future except at high prices. Hay men
have kftl their price ldeaa boosted by tbe
recent scarcity of supplies, therefore, it Is
si.fe to presume that alfalfa prices will start
Somewhat higher this season tban normal.
Broomhall cabled from Liverpool that tbe
wheat market waa ateady on strength In Win
nipeg and Buenos Aires. Cargo market irreg
ular. Winters unchanged; Manitoba 6(1 dearer,
Dattes and Australians steadily held. There (s
a-i Improved demand, altbnugb alight. Conti
nental demand is good with expectations of
continued liberal purchases from thla source,
aa supplies are light.
Argentine Weather Is fine.
(ranee Condition of wheat May 1: Winter
wheat 68. Kprlng 72. Acreage 12.000.uO0
against 14.100.000 last year. A normal yield
of wheat averages 883.000.000 bushels.
I'nlted Kingdom Weather Is fine. Nativo of
fers Increasing witb prices lower; forelgi ar
rival continue liberal.
a'LOLii Selling price: Tatent. t..20: Wil
lamette valley, 14.60: local straight. $4 rj)iH
T OO; bakers' local, $4.805.20; Montana spring
wheat. (6.10; expt.rta. $4.504.70; whole wheat
U.6.; graham, $5 40; rye flour, $5.05 per
barrel.
H4Y Baying price: Willamette valley tim
othy fancy, ); eastern Oregon-Idaho fancy
tUuothy. $21322; alfulfa. $2122; vetch and
oats. $18; clover, $16
UKAIN SACKS 1016 nominal No. 1 Calcut
ta. lcHmiili c; In ciutota: leaa amounta axe
higher.
ROLLED OATS $8 5038.75 per barrel.
ROLLED BARLEY 131.00032.50 per ton.
Closing adrauc In Chicago price despite
tb unchanged quotations for rash at Liver
pool and the Irregular trend of the cargo mar
ket at London, brought out a (lightly firmer
ton for wheat on the Portland Merchants ex
change. Bluettem wa the only one to show
any change and It advanced lc.
Oata and barley blda were unchanged.
Merchants exchange May prlcea:
WHEAT
Wednesday Tuea. Monday.
Bid. Ask. Bid
Bluestem . . .
Fortyfold ...
Club
Red fife ...
lied Ruaalaa,
Fd ,
. 100 i02H
.02 97
, 0O 94
. 90 94
. 90 93
OATS
.2825 2675
99
92
90
100
VI
90
90
90
2628
m
2350
2750
9
90
2625
2700
2S50
2750
BARLEY
Feed 2700
MILLSTTFTa
Bran '....2350 2450
ghorta 2700 2850
Futurea were quoted:
WHEAT
Bid. Ask.
June bluestem : 101
July bluestem 09 1'H
June fortyfold '.'2 94 W
July fortyfold 1)2 94 Va
June club - 9 93
July club 90 wt
June red flfs 90 93
Julv red fife 0 93
June Russian 90 93
July Busslsn 90 93
OATS
Jun 2625 2875
July 2H25 2700
BARLEY
Jun 2700 2000
Jnly 2SIS3 250
MILLSTl'FTS
June bran 2400 2475
July bran 2-nn 250
June shorts 2750 2S50
July short Z700 2900
BANK STATEMENTS OP COAST
Portland Banka.
Tbia week. Tear ago.
$2,478,207.02 f 1.4.759.80
2.2'24.77S.77 1.531 .B21.93
1.944.293.87 1,429,624.58
Ban rraacisoe Banks.
S 9,201.845.00
Taooma Banks.
$ S8S.Z1600
83,085.00
Loa Angeles Banks.
4,140,389.00
Seattle Banks.
$ 2,174. 3S4 00
378.7S9.00
Clearing
MoDdsy ...
Tteiday . .
Wednesday
Clearings ,
Clearings . .
Calancea . .
Clearing .
Clearing
Balance . .
San Francisco Wool Market.
San Kranclaco. May 23. Wool per ponnd:
Humboldt and Mendocino. H months. 22Q24c:
11 months, 2542Sc; middle counties, 4
rronths, good, I7rj19e; Red BInff atj vlcin
liv, 23ig25; Nevada stock, staple, 22&2tc;
f'.Le, 18fe20c, according to qualltr.
St. Lowla, May 23. 1 1. S. 8.) Price, ot
LeiTby wool have advauced another half cent.
Northern and Western Median, brlch. Xi
ff3.V: medium dark. 30!ft32c; burry. sllghtlv.
2Ta28c: burry, hard. 20321c; fin light. 2jJ
lac: tine heavy. 19Q23C.
Sootbern and Southwestern Medium. 31Hffi
SSc; medium looe aud heavy. : ) , rjt ;
coarse and low. 813.V: burry, slightly. 2'i
39c; burr;, hard. lS19c; fine light. 2328c;
fln heavy. JS23c.
Tub Washed No. 1. 41K46c; No. 2. 31
8c. burry, 22S26c.
New York Cotton Market.
Open. High. Low. CV3e.
1303 1318 12117 1317
1319 13;!2 1313 1331
1281 12H4 1277 12(S
12K8 129S 127i 12!5
12U2 1306 1287 1303
1209
126 1299 1276 12W!
1298 1314 1292 1311
January ..
Mai ch . . .
May
July
August
September
October ..
December
First Hood River Berries.
The first case of Hood River strawberries
arrived on th Portland market Tuesday. The
berries were of exceptionally fine quality and
delicious flavor. They were grown by W. J.
Smith of Hood River and sold to the Haiel
wood confectionery and restaurant of this city
for more than twice as much aa other berries
ar bringing on the market now.
San Francisco Hop Market.
Ban Francisco Cal., May 23. (P N. a.)
Hop 191 IS ccop basis per ponnd : Prices to
growers, Sacramento valley. 9(12c; Sonoma
and Mendocino. 912o; Oregon. 8gl2c;
Waahlngton. 9a:i2VJc.
Overbeck & Cooke Co.
took a. Soada. Cotton. Grata, St.
U6-S17, Board of Traoe SttUdlax.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
afembera Chicago Board of Trad a
-, CarreepoTidenc of Logan k Bryan.
.-:,v-.s Cblcaso. Ntw-Xork. , . f
Storage Operation
In Eggs Heavier
Local Trade Is Holding; Well at
Former Prices All Dairy
Product Good.
Storage eperationa In tbe local egg market,
ar again ahowlng a fair volume. While out
aide demand is fair, some of the shippers who
bave been aendlng th bnlk of their supplies
tj other markets, are now forcing them into
local atorage.
Sale of cane count are generally reported
along the wholesale way at 23c a dozen with
candled itock at 24c. The differential be
tween caa count aad candled la xpcted to
a how a wider range within th next few days
because tbe quality of caa count is much less
favorable tban formerly.
Butter market continues to show a steady
ton generally along the coaat. Little change
l-i prlcea ha. Ixen shown at any point re
cently and the trade here does not anticipate
any serious disturbance in values wltuln the
mmediate future.
The strength of the canned milk market is
s!dlng the dairy products market generally.
Borden and the Marigold canners bave ad
vanced their quotations 15c in line with tb
receut advance on Carnation.
Price Recovery Is
Shown in Chicago
Chicago. May 24. (I. N. S.) Another re
covery wa posted on th Chicago grain mar
ket today. All the grain made gains dur
ing the primary trading. Thla followed up
tb recovery of Tuesday, when tbe grains In
very claa hit an upward trend after losing
between 5 and 8 cent during th week past.
The general recovery is mainly dna to con
tinued weakening in peace reporta and the
mnDy dispatches from the grain belts telling
of crop damage. Crop report! daring the lat
ter part of last week failed to affect the de
cline, because of the heavy liquidation on the
part of the bears.
Kanaaa City wheat sold up 1 cent.
Corn planting Is nearlng completion under
roost favorable conditions and aa a result a
bearish tendency probably will hold the mar
ket down despite the increase in wheat prices.
Primary receipta are low at this time.
Green bugs In Oklahoma oat fields assisted
In holding tbe oats market steady with slight
gains being recorded during the first deals.
The provision market waa affected material
ly by tbe recovery Id th price bf grain and
today showed slight gains.
Range of Chicago prices furnished by Over
beck A Cooke Co., 218 217 Board of Trade
WHEAT
Open. Htgn. I-cw. Cloee.
May lo.Vl iohv4 10S 10v,
Jnlv 109S HIS 10nS
sept no, hit; hoi, noA
CORN
May 7?. 74 73W T'HA
.Tv.1t 72 72'i 71V 72 B
8pt 70',i 7 70 704
OATS
May 43 U 48 424 42
Julv 4iv. 41 H 40 40l
Sept SS4 M SS 88A
PORK
May 2350 K
Jnlv 2T.10 2Riri 2.100 ZVo A
Stpt 22S0 220 2267 2270 B
LARD
.fnly 12.00 i:2 1275 1 275
Sept. 1285 1205 12S5 12S7 B
K1BS
May 1277 A
Julv 12S0 12S2 1277 1277 A
Sept 11-J0 12f 12T7 1282
JOBBING PRICES OP PORTLAND
These prices are those at which wholesaler
sell to retailers, except as otherwise stated:
Dairy Produce.
BUTTER Prints, extras, 29c; prim, firsts,
27c; firsts, 26 toe; cubes, extras, 27 3 28c;
Srim firsts, 25c; first, 242ttc per lb.;
air. 19a20c.
BUTTE UFA T Portland delivery No. 1
sour cream, 27c; No. 2, 25c.
EGO Selling price by dealers unsettled,
delivery extra: Selected fresh, 24c do.; caa
count, buying price, Oregon ranch, 22V422c.
LIVE POl LTHi Hen, heavy. Plymouth
Bock, lSOldV&c; ordinary chlckena, 10c per lb.;
atags, 12c; broilers, 80c; turkeys, 18421c;
dressed, fancy, 2o27c; cull?, 1720c; plg
eona, $1.0o1.2o; squabs, SI. 20 dosea; geeae,
live, 10 lie; Pekln dueka. old, J6c lb.; young
and haavy, 17c; Indian Bimne&, 14c lb.
CHEESE Selling price: FreaB Oregon fancy
ful' cream twina and triplets 16416(4c lb.;
Young America, ntt'.r.;. Price lo jobbers:
rial. 15c; I'oung America, 16c, f. o. b,;
cream brick, 22c; iimtierger. 23c; Wlaconala
nbeel, 34 (U 36c; block Swiss. 30c.
Fruits and egetablea,
FRESH t'ttUITS Orangca, fancy navel,
12.00(3.29; bananas, 6c lb.; lemons, $3.00 "3
4.25 box; grapefruit, Florida, S4.60tS.2& case;
pliieapplea, by,g,iie :U; pears. (1.&U92.00.
BUliRlES Strawberriea. Oregon, g2.50ia
2.76: gooMberrlea, 4c lb,
APPLES Local, 60c10 per box. accord
ing to qnallty.
ONIONS No. 1, 1.75 per cental; No. 2,
$1.251.50; garlic, 12fcc; new ouloua, $1.75
(&2.0i crate.
POTATOES Selling price: Local. $1.50
1.75; buying price, $1.25441.50 per cental;
new California, StattSlaC lb.
VEGETABLES lurmpa, $2 ssck; carrots,
$2 per sack; parsnips. $1.00 aack; cabbage,
$3.00 per cwt. ; green oniona, 25c dozen
bunches; peppers, Florida, 23c idocen; bead
lettuce. California, $2.00 per crate; celery,
Florida. $3.50; cauliflower, local, $1.00t31.15
per do sen; French artichoke, 75c; aspara
gus, local S1.25&1.40 dozen bunche; hot
house cucumber, $l.o01.25 dozen; tomatoes,
Florida. $4; Mexican, $2.0O2.fi0; egg plant,
20c lb.; sprouts. 9c; splnaeh, $1 per box;
rhubarb, lvjwc per lb.; peas, StgilOe lb.
Heats, flak and Fro vision a,
L HESS ED MEATS SelUng price: Country
killed fancy hogs, llQllc; poor, 84310c lb.;
farcy vesla, HWlliaC; ordinary, 910c; goats,
35c lb; spring lambs, lfc lb.; mutton.
10c lb.
HAMS, BACON. rTC. Hama, 1922l,c lb.;
breakfast bacon, 1730c lb.; boilrd hams,
30c lb.; picnic, 13c; cottage roll, 15sc; Ore
gon exports, 15(lo4c per lb.
OYSTERS Olympia, per gallon, $3; canned
eastern, 55c can, $d.50 oaen; eastern In ahelL
$1.85 per 100; razor clams, 12(rac dozen; east
ern oyaters, per gallon, solid pack, $3.
FISH Dressed flounders, 7c; Chinook sal
mon, 11412t; perch. 7&SC lb.; lobsters, 25c;
silver smelt, he; salmon trout, 12VaC lb -halibut,
felloe lb.; torn cod, 7c; black base,
7Hc lb.; shad, dreesed, gig 4c lb.; sturgeon.
13c.
CRABS Large. $1.75; medium. $1.23 dozen.
I.iltll 'ilercea, kettle rendered. 14ic;
att-udard, 14c.
Oroceriea,
SUGAR Cube, $9.20; powdered. $8.95: frnit
or berry, $8.45; beet, $8.25; dry granulated,
$8.45; D yellow, $7.S5. (Abouve quotatiuns are
30 duya net cash.)
HONEY New. $3.253.50 per case.
BICE Japan style. No. 2. 44c; Nw Or
leans, brad. ofcoVac; blue rose, 5Hc
SALT Coars. half grounds, 100a. $10.50 per
ton; 50a, $11.30; table dairy, 60. $18.00; 1008,
$j0.50; bales. $2.25; lump rock, $2o per ton.
BEANS Small white. $8.25; large white.
$8.10; pink. $tt.25; llmas, $5.75; bayou. $0.25;
red, $a.o0.
Eopa, Wool and Hides.
HOPS Nominal, buying price, 1915 crop,
choice, 11 lb.; prime, 10c; medium to prime,
769c lb.
WOOL Nominal, 1916 clip; Willamette val
ley, coarse Cotswold, 35((37c; medium Shrop
shire, 34 (a 35c; flue. 32 to 33c; eastern Oregon.
lttlgZOc.
HIDES Salted bides (25 pounda and apt.
10c; salted atags (50 lbs. and up, 12c; sslted
kip (15 lbs. to 25 lbs.). 17c; sslted calf (up to
15 lbs.). 23024c; green bides (25 lbs. and
up), 14Hc; gretn atags (50 lbs. snd up),
106c; green kip (13 lbs. to 25 lbs.). 17c; green
20(829; dry flint calf (np to 7 lbs.), 81c; dry
sail niues, 40c; ary no.&euiaes, eacn, aiftj'J;
salt horaehidea. each. $2.00030; borsehide.
2Se; dry lotig wool pelt. 20c; dry short wool
pelts. 12c; dry sheep sbearlluga, each, 10 25c;
aaited sheep shearlings, each, 1525c; dry
goats, long hair. 18c; dry goata, ahearllngs,
each. 10&20C; sailed long wool pelts, $1.50
2.50.
TALLOW No. 1, 8c; No. 2. 7c; grease, 7c.
CH1TT1.M OR CASCARA BARK Buying
pricea, per car lota, 4c; lea than car lota. 4c
MOHAIR 1916, 35c lb.
Paiata and Oil.
COAL OIL Water white, in drums and iron
barrels. 10c.
LINSEED OIL Raw, bbl., 87c gallon; ket
tle boiled, bbls 89c; raw, case, 92c; boiled,
case. 94c gal.; lots of 250 gallons le less.
TURPENTINE Tanks, ttlc; cases. 68c gal
lon. WHITE LEAD Ton lota, W4e lb.; COO lb.
lota, lie; less lots. 11 He per lb.
OIL MEAL Carload lota. $34: leas than ear
Wta. $35.50.
GASOLINE Baals price. 19 Vie per gallon.
Neyw York Sugar and Coffee.
New : York, May 24. Sugar, centrifugal.
$0.27.
Coffee New Tor epot So. T Blot, 9t;
Ke. a Banter 10, , .
PRICE
' Edited by
Hyman H. Cohen
E
A SOPPLY OF CATTLE
FROM POINTS SOUTH
California Stuff Coming Forward
in Good Shape and Most of It
Is Bought Direct Ron of Sheep
Here Somewhat Better.
PORTLAND LIVESTOCK RTJN
Hogs. Cattle. Calves.
Sheep.
1048
790
535
463
135
858
146
1B37
1318
678
Wednesday
832
502
Tuesday
Monday
Saturday
Friday
Thursday
Week ago
Y ear ago
Two years ago.
Three yeara ago
373
2,789
2132
Ml
225
431
5(46
671
738
98
698
.12
51
62
54
13
397
20
II
13
3
S7
Eighteen loa da of California grass eattle
ci-me into the North Portland yard over sight.
Of thla amount only four load were repot4
for the market, the remaining anpplle being
a direct shipment to a local meat company
from Its California connection.
Market for cattle Is showing a sfesdy tone
with grassers generally quoted at $9.2568.50
for top ateers. Aside from the California
stock there was little offering on th market
during tbe day.
General cattle market range:
Choice hay-fed teer .V)P!.nr
Choice grass steers 7.25(37 JM
Ordinary to common steers .)7.00
Choice cows 7.50(38.00
Ordinary to common cows 7.257.33
Choice heifers 7.507.T
Ordinary heifers 7.fJ0(9T.2B
Choice bulls B.B0(3.IX)
Good to fair bulls 4.005.00
Ordinary to common bulls 2.002.75
Best light calvea 8.00
Good calve 7.007.5O
Hog Market I Steady.
Market for hoga is geDorally considered
steady at North Portland. There waa a fair
run overnight and the general trend of the
trade indicated no change from Tuesday. Rale
were reported during the early trading up to
$8.95, but it la quite possible that something
extra select would bring a nickel mor.
General bog market range;
Choice light weights, nominal SS.PSQfl.oo
Good light weight.. 8.8038.90
Medium weights 8.508.75
Rtugh and heavy 8.00(8.23
Mutton and Lamb Holding.
There was a rather liberal supply of mutton
and lambs reported In from Willamette valley
points overnight. General trend of the trade
f ntinues steady with top aprlhg lambs at
i..50. Hales are reported at t bis price.
Gseeral shorn mutton and iamb range:
Select spring Iambs $ 9.50
Best yearlings 8.25(88.50
Good to common wethers 7.5ci7.75
Best ewes (j.50
Good to common ewes 6.00(30.25
Wed rvsa day Livestock Shipper.
Hogs C. P. Hcnbree, Polk, 1 load.
Cattle -A. F. Hunt, Merced, Cel., 4 toafle;
G. E. Alleu, Amador. Cel.. 1 load; C. Scully,
8 loads; F. L. Aklns, Tulsre, Cal., 10 loads.
Sheep C. D. Young, Yakima, Waah., 2
loads; J. M. Reynolds, Baaton, 1 load; F. E.
Parker, Brooklyn, 2 loada.
Mixed etuff Alton Webb, Canyon, Idaho, 1
load cattle and hog; C. R. Belahce. Sherman,
1 load cattle, hoga and (beep; J. E. Farrlah,
Morion. 1 load cattle and sheep; W. H. Block,
Polk, 1 load boga and aheap.
Tuwday Afternoon Salsa.
COWS.
No.
1 cow
2 cowa
4 cows
1 cow
At. Lb.
Price.
$5.50
6.00
4.00
i.00
650
783
no
720
2W
160
175
244.
130
.11T
HOGS.
8 hog
4 hogs
2 hogs
d hoga
2 b gs ,
1 ewe
$? 93
8.90
8.90
8.90
7.50
$8.00
$T.M
Price.
$5.75
e.oo
7.00
fl 50
6.25
6.23
E.OO
6 00
$7.75
7.W
7.50
7.00
e.no
4.75
IT.oo
5.50
6.O0
BOO
$4.50
6.00
4.75
$9.50
7.50
$7.60
$8.95
8.05
8.90
8.45
7.95
7.00
EWES.
WETHERS.
87 wether 93
Wadxteeday Morning Sale.
No. Ave. lb.
COWS
1 cow BOO
2 cow
4 cow 1V)2
1 cow 101O
8 cows 823
1 cow P30
1 cow 9U)
1 cow UNO
BTEERS
11 steers 1151
2 steers 856
15 steers 102
1 steer 9 RO
1 steer 780
1 steer 400
HEIFERS
I heifer 740
1 heifer 550
1 heifer SCO
1 heifer 600
BULLS
1 bull 14S0
1 bull 1170
1 bull 1000
SPRING LAMBS
67 Spring lambs 83
2 spring lambs 60
YEARLINGS
1 yearling 140
HOGS
6 hog
81 hoga
2 hogs
2 hogs
2 hogs
8 bogs
ft bogs
8 hogs
6 bogs
77 bogs
7 bogs
2 bogs
8 hogs
6 hogs
6" hog
1 hog
1 hog
3 hog
1 hog
2 bogs
1 hog
.. 188
. . 16
.. ISO
.. 213
.. 810
.. 118
.. 14
.. 108
.. 120
.. 209
.. 187
.. 380
.. 197
. . 100
. . 1S2
.. 290
. . 150
.. 180
.. 100
. . 155
. . 330
8.60
7. BO
7.50
8.95
8.8.-
7.95
8.95
8.90
8.63
8.45
4.00
8.90
7.60
K.60
7.90
New York-London Metal Markets.
New York, May 23. (I. N. 8) Copper,
Bcrket firm. Electrolytic, nevby nominal;
August sua later, 2u.u0j30.cio Iron mar
ket steady and unchanged. Tea metal ax
change quotes tin easy, epot 48.O0(gt50.O0.
At London spot copper, pxl36; futnre.
jixiax; Electrolytic, pxiot). epot tin, pxiaB;
Tutures, pxl03 5s.
New York, May 23. (I. N. S.) The metal
exchange quotes lead at 17.157.35. Spelter
market, dull; East St. LjuIs delivery, 15c
asked. At London, lead. px31 10s; spel
ter, px&S.
San Francisco Grain Market.
San Francisco, May 24. Barley calla:
May 24 May 23
Open. Cloee. Close.
May 132A 132A 12SB
December 133 132 134
Spot quotatlona: Whet Walla Walla,
$1.671.70; red Russian, $1.671.70; tur
key red, fl.781.82; bluestem, S1.B7
1.90.
' Keed Barley, 11.32; brewing, $1.36(31.40;
white oata, tl.52&L55; bran. $2027;
middlings, 131&32; shorts. S2&&30.
Chicago Produce Market.
Chicago. May 23. I. N. S.) Butter,
demand poor; eggs, unchanged.
Bntter Creamery extras, 2c; extra firsts.
2Sc; Tirsta. 2728c; seconds, 26327c;
dairies, extras, 29c; firsts, 2727Vc; seconds,
26,26; packing Uxk. 23 23 c.
Eggs FtrstsfSl 21 ; ordinsry firsts,
20420; Biiaoellaneuus iota, 20 21 Sc.
Oregon Apples in South.
San Franeiico, May 23. Apples Calforn!a:
Newtown Pippins, 4 tier. $1.00 1.15- do, 4
tier, 75B85-; do, 3 tier, $1.21.3S; other
vrrletles. TScQl.OO per box Oregon and
Wrahington: Wlnesap, $1.&52.25: Newtown
Pippins, 7 5c 1.00 for choice, aad $1.256)1. 00
for fancy, and $1.001.76 for extra fancy.
Eastern Barley Market.
Chicago, May 13. (i. N. S.) Barley, eaa
iw: malting, 72fe83c.
Kansas City. May 23. I. ;N. 8.) Bar
ley, 66c.
New lork. Msy23. (I. N. S.) Barley,
steady; malting, 80c.
Sew York-London Silver.
New York. May 21. Bar sUrer, 71e;
Hex lean dollars. 64c: . '
Ixmoo. May 24. SUrer, MS-ied. : "-
KILLERS All
GETTING
Reaction Forced
In the jjtock Market
Ner Tort, afar 24. I. K. .) pre
dicted by many ef tbe bears (or tbe past few
days, a reaction In tbe Overactive rails eame
today, nearly all tbe big stocks being affect-,
ed. Witb tbe reaction came lighter trading
and aa Indication ef a "watchful waiting" I
pcllcy oa the part ef many traders to see If j
th market wenld take a big leap downward
or recover after tbe alight setback of this,
morning. Reading wa the leader la the boll- .
ieh movement of tb pat week, aad today !
stood flrat In the decline, losing S polnta after
opening at 108. fractionally and th close.
Atchison, Baltimore A Ohio Erie and Union
Pacific wer among those affected by the re
action. Indications are that Beading will gain
on a good break.
Despite the gala of th peat few days In
all the ralla. New Haven (oat continually and
declined 2 polnta during the early trading to
day. All other railroads bsre shown record
lr creases during this period of prosperity,
while New Haven haa showa net decrease, a
fact which makee traders doubtful sa to the
value of the atock after tb crest of th
good tlma wave haa paaaed.
On tba whole, the reaction In the ralla It
believed to be one of short duration.
The steel and copper atecka were firmer, bnt
also were dull, showing little Inclination to
ward a gain or decline.. The lnduatrlala and
apeclaltlea also were on the inactive list.
Range of New York price furnished by
Overbeck & Cook Co., 21217 Board of Trade
building.
nerlmioa
Open ' High i Low IClo
Altska Gold. ..........
Allla Chaimere, e
American Beet Sugar..
American Can, c
An.erlcaa Car Fdy., e
Ao.srtcan Cot, OIL e..
An.erlcan Linseed, e. . .
American Loco., e
Aneiiraa Smelter, e..
Americsn Sugar, e....
Am. Tel. Tl
American Woolen, e...
Anaconda Mining Co...
Atchison, c 7
Baldwin Loco., c
Baltimore A) Ohio. e. .
Bethlehem Steel, c
2241 X2
22
23
71V.
lopH
1KH
Brooklyn Rapid Trans
Canadian racinc
Central Leather, e....
Chesapeake Sc Ohio
Chi. Jc G. W., c
CM., M. St. P
Chi. A N. W
Cl mo Copper
Colorado F. A I., c. .
Consolidated Gaa
Corn Product, e
64S
63
100 V4
i;w
64 Vi
44 Vi
Crucible Steel, c 84H
Denver A U. 0., e. ... 15i
Distiller 61
Erie, e 39
86
16 S
61 H
30
ueuerai rvieciric
173V4
General Motors io2U
Goodrich Rubber 76
320
78
Ot. North., pfd (122HI
Oreene-Oananea 47 H
Illinois Central 104
Industrial Alcohol 157 H
Inspiration 45
Icterboro, c 18
122'
47
104
166
Si
Kansas City South., c. o'-4
Lackawanna Steel 70
Lehigh Valley 80 5
l.oiilKTllle & Nashville
26W
II.. I... n tt .l.....i MOQ14.
118
109
Miami Copper Wjffi
M. K A T., c 4
3
4Vs
05
0
7
18
82 Z
36 Vi
4
63
tt
67'
18
60
Kennecott Copper K
Missouri Pacific 6
National Blacuit
National Lead
Nevada Cons
New Haven
New York Central
N. Y., Ont W
Norfolk a W., e
Northern Pacific
Pennsylvania Ry
Pittsburg Coal, c
Pressed Steel Car, e. ..
Ray Cons. Copper
Railway Steel Springs.
Reading c
Re publlo I. A S., c...
Rock Ialand
Shattuck
St i. debater, e
Slos Sheffield
Southern Paclfle
Southern Ry., c
Union Pacific, c
Union Pacific, pfd....
U. 8. Rubber. c
U. S. Steel Co., c
U. 8. Steel Co., pfd
Wan Copper
W. U. Telegraph
Wetlnghoiise Blectrlc
107
108
11 1
47
82
144
68
101
23
141
B3
65
85
117
81
66
68H
Total aaiea 760,200 shares.
AMERICAN LIVESTOCK PRICES
Chicago Boga $10,00.
Chicago. May 24. (I. N. S.) Hogs Re
ceipt 24.000. sUady. BQlOe abor yesMrday'
average. Bnlk. .80(3 10; S8.4Ofil0;
mixed, $9.0510.10; heavy, S8.9l0.10;
rough, $fi5(g.65; pigs. $7.509.40.
Cettle Becelpts 13,000. strong. Native beef
steers, $8.2510.50; western steers tS.U)tt
9.46; stockers and feedera. $a.lo((t9: cows
and heifers. 4. 609.75: calves. $8.503U.7S.
Sheep Receipts 17.00ft. weak. Wethers,
$7.6539. 75; lambs, $8.90012.75; springs,
$11913.25.
TTsnsaa City Hogs $9.88.
Kansas City. May 24. (I. N. 8.) Hogs
Receipt 11.000 higher. Bulk. $9.6.Vd0.90;
heavy, $O.8O39.0S; packer and butchers,
$0.70(9.00; light, $0.609.80; pigs, $8,750
9.35.
Cattle Receipts 4000. higher. Prim fed
leers, $9.7510.15: dresed bef steers, $8.28
(a 9.60; western steers, $8.5x)W10: Blockers
and feeders, $7.25&9; bulls, $63S; calves,
$0.50(311.
Sheep Receipts 7000. steady. Lambs, $10.25
012.50; yearlings, $9.2511.25; wether,
$8,800:10; ewes, $89.50.
Omaha Hog $9.70.
Omaha, May 24. Hogs Receipt 9200.
higher. Heavy. $9.5009.75; light. $9.0li
9.U5: nlga. $89; bulk, $9.5569 70.
Cattle Receipt 6000, strong. Natlv steer.
$8310.25; cow and heifer. $79: westera
ateera. $7JiO9; Texas steers, $7(34.75.
Sheep Receipts 4000, ateady. Yearlings, $9
fill; wethers, $8.259.75; lambs. $1012.
St. Lonia Hogs $10.
St. Lonia. May 24. I. N. S.) Hogs Re
ceipt 8500, ateady. Pigs and light. $7.7831
10; mixed snd butchers, $90(410; good
heavy, $9.9510; bnlk. $9.75(89.85.
Cattle Receipta 2000. trong. Native beef
leers, $7.5010.25: cows, $5.608.50; year
ling steers and helfere, $8.50-810; atockers
and feeders, $5 J50(38.50: southern ateers, $5.75
(&S.85: prime yearling ateera and heltera, $8.7S
$10.23; cow and heifer. S58; prim south'
ern steers. $89.50; native calves. 804111.23.
Sheep Receipta 2500, steady. Wethers, $8.23
f9.75; lamb. $10(312.70; clipped , ewe. $7.50
8.70; clipped Umba, $9.60ail.l; spring
lamb, IHM4J14.
Denver Hogs $9.65.
Denver. May 24. Cattle 2400, firm and
higher; beef ateera, $8.009.45; cowa and heif
ers, o.OOftt8.00; stockers and feedera, $7.75Q
6.40; calvs, $10.0012.00.
Hog 000. market steady to weak. Ton
$9.55; bulk $9.40fffl.55.
Steep 000, market strong.
Seattle Hogg $9.15.
Beattle, Wah., May 24. (P. N. S.) Hogs
Receipta 783, stesdy. Prime lights, $9.10j
C.16; medium to choice, $9 .CO ((9.08;. smooth
tea vies. $8.508.(x; rough beavlM, g7.00
8.15; pigs. $9.008.65.
Cattle Receipts 4. Market ateady. Best
steers, $3.75(g,S.5; medium to choice, $8.00
8.50; common to medium, $8.50(Jf7JO; best
cows $7. 00 7. 50; common to medium cows,
$4.00(6,0.50; bulls, $406.50; calves, $7.50
8.50.
Sheep Receipt Done, steady. Lamb 810.00
10.50; yearlings, au.uoiBX.x; ewea, gi.aj
8.00,
Liverpool Cash WlieM.
llTMiml. Ms 24. (I. N. 8.1 Wheat
Spot No. 1 Manitoba, 12a; No. 8, 11a Sd; No.
l northern aorine. 11a lod; No. 2 red west
ern winter, 11 4d.
Sol Durbln of Salem Is Dead.
Salem. Or.. Mar 24. Sol Durbln,
aged 86, who crossed the plains from
Ohio to Oregon by ox team in x4o,
died here today. He Is survived by
three children, Mrs. J. H. Koltea,
Riverside, CaL; C. B. Durbln, yanoou
ver, Waah., and Mrs. C. M- Walker of
Salem. He was an uncle of Prank
Durbln, hop man of Salem.
Ko&day.
8:24 p. m., vacant house, 10 tf Water
street, trampa smoking cigarettes; f SO
damage.
8:45 p. m., Cornell Road, burning
flue; no damage.
Tuesday.
5:51 p. m. 1257 Bun-age street,
sparka from chimney, slight damage,
tredaeaday.
No fires. - : -
PORTLAND FIRE RECORD
Finance- Commerce --Industry
Mortgage Loan Bankers See Waste and Danger in Pnopoaed Rural
Credits . Liegislatlon Industrial Conditions Good In Canada -Ad-Yertisfng
Oregon's Flax Industry in Commerce Reports. -'
aCortg-are Xoaa Ronaaa Qaeatloa
Snral Ox edits teglalation. Mortcage
loan men question the wisdom of the
pending congressional rural credit
legislation. They are willinr to admit
a captain amount of prejudice. Their
bailo complaint against It is that It
neither represents economic, truth nor
sound business principles. It la an at
tempt, they aay. to make ao artificial
rata of Interest, one that la not based
oa the law of supply and demand. They
claim they do not fear Ha competition.
It will make them work harder, that
la all. It Is further maintained that
the law la not practically applicable
to this section. The private concern
can make loans more quickly than can
the government. There la no standard
of values In this state at present, ax
cept, perhaps, a small section of the
Willamette valley. Hood River and
other polnta. The local aituatlon does
not compare with the highly devel
oped sections Of the eaat, and certainly
not with Europe, on whose experience
the law waa baaed. The only appeal
the measure will make, It la aald, will
be to the prosperous farmer who can
get good ratea now. It can not be of
service to the undeveloped farm re
gion, any more than can the regular
loan agent.
atorkgage Mea Baa Oloomy Ontlooav
The Farm Mortgage Bankers' asso
ciation of America, with offices In
Chicago, aends out the following "warn
ing to farm mortgage bankers," under
date of May 18:
"In some respects the situation is
similar to that prevailing prior to the
disastrous smash-up in certain terrl
tory in the '60's, with Its resultant
trail of foreclosures and bankruptcies.
What are eome of the possible results
Of a condition of affairs such as now
confronts us?
"First A tendency toward the or
ganlaatlon of concerns Inexperienced In
farm mortgage banking, which are
likely to produce and offer for sale
mortgagea that are not only Inferior
but ara fundamentally unsafe and un
aound. "Second A tendency to encourage
some of the existing farm mortgage
houses to become less conservative In
their practiaes and likewise produce
and Offer for sale an inferior grade of
mortgages which in normal timea
would not be considered for a moment.
"The effect of such a procedure in
either case would be the reaping of a
harvest of foreclosure, resulting In
shattering the confidence of a class of
Investors that haa been educated to
farm mortgage investments through
high class mortgage bankers based on
long yeara of conscientious, square
dealing."
Satires Trout Bank of Sherwood
Sidney C. Catching, president of the
Bank of STierwood, who is well known
in Portland because of his long con
nection as cashier of the Merchants
National bank, haa sold out his inter
esta in Sherwood and will return to
BBr t land to engage in business. Mr.
Catching writes: "I shall remain with
the bank until the first of the month,
after whloh. In view of the fact that I
have been In the harness 32 years con
tinuously, I expect to take several
months' rest and vacation before I look
up something else." Mr. Catching has
P. E. 0.
L CONVE
OPENED YESTERDAY
Delegates and Visitors Meet
at Noon Today in Well Ap
pointed Luncheon,
The fifth annual convention of the
Oregon grand chapter of the P. E. O.
Sisterhood opened yesterday afternoon
and will continue over Thursday after
noon. Tbe luncheon at noon today for
delegates and visitors was one of the
delightful affairs of the convention
and brought together socially a large
number of the members and their
frienda.
Thla morning waa taken up to a
great extent with reporta of officers
and chairmen of standing committees
followed by an Inspiring address by
the supreme president, Mrs. Helen M.
Drake.
This afternoon a number of Interest'
lng papers and addresses will be given
on the various p liases of P. E. O. work.
Election of officers will be held to
morrow morning and In tha afternoon
tbey will be Installed. (
French Bombard Troop Train,
Zurich, May 24. (1. N. S.) Five
French aeroplanes bombarded a Oar
man troop train at Sedan Monday, kill
ing and wounding 120 soldiers. Six
coaches were destroyed.
FACTS
There are approximately
2.000,000 motor driven vehicles
In the United M tates. or one to
every fifty peAons. It is esti
mated that Within three year
this will be increased to 6,000,
000,. or one to every twenty per
sons. The motor vehicle is no
longer a luxury It is a necsslty
and ia fast crowding the horse
drawn vehicle to the discard.
With thla revolution in trans
portation methods has come a
new era in road construction;
the old roads will not stand 'ip
under thla modern innovation
and road authorities in every
eectfpn of the union have, after
exhaustive teats and practical
experience, designated as the
standard of all hard aurface
materials.
BITULITHIC
Warren Brothers Company,
Journal Bldg., Portland Or.
Dedication Say for Colombia
Xlghway Jama 7 will aoom be
bare.
Market Your
SISTERHDOD
ANNUA
NTION.
Seattle I) nion StockYards
Best Market m Northwest
Prices 15c to 25c higher than any other market on
the Pacific Coast because it is the only yard in the
United States not controlled by the trust. It is clearly i
to your interest to patronise true competition. j
sold his Interest to W. J. Dodsoh,.who
waa president of the bank before Mr.
Catching took hold. .
Zadastrial CoxtditloDa Oood la Can
ada According to tbe May letter ot
the Canadian Ban of Commerce in- i
dustrial conditions are good In Canada.
Thla la in spite of the many untoward
conditions which handicap the country.
"Cheerful reports are being received
from those districts in whloh lumber
lng industries are carried on, but there !
still remains the impossibility of Ob
taining tonnage for export purposes,
Dealers In therairle provinces com
plain of not being able to get ship- j
ments from the western mills, and tbla !
is attributed to a shortage of cars.
During the month the director of for ,
estry issued a report estimating tlie
value of forest products In 1914 at
$176,672,000, including lumber, lathej
and shingles valued at 17,600,000,
firewood at 60,6J0,000 and pulpwooj 1
at $16,600,000." .; ii
Advertising Oregon's Flax Vrodttoi ;
tion. W. B. Henderson, oommarelal
agent at Seattle, Wash., has had
printed In "Commerce Reports, the,
dally publication of the bureau of fore
eign and domestic commerce, which is"
sent all over the world, a page account ,
of Oregon's experimenting with flax
culture. The account tells both Of th I
experiment made at the state penlten-t :
tlary last year and the experiment, j
being made near Eugene Jointly by tht ::
State, and the chambers of commerce 1
of Eugene and Portland this year. J
These two bodies have raised a fund Of
$6000 to secure the Immediate planting
of 300 acres of flax, says tb report ,
The state has made a. dlreot offer to
farmers to pay a fixed amount par ton:
for flax of a specified quality. The
state will handle the flax at Salem Met
sell the product It la hoped that
sufficient profit will be made so that
the state can reimburse itself and thus
continue the experiment Indefinitely,, i
The state is having the work super
vised by a Belgian expert, and ma-'
chlnery for harvesting and preparing,
the, flax is being installed.
teel Business Arte tag) Waiv
Joseph a. liutler, of Youngetown,
Ohio, prominent in steel manufacture
ing. says: Aside from the unnatural
expanalon in many lines, due great! x,
to the war demand, there haa been
as on numerous occtalons In th Unit
ed States, a tremendous aympathetia
expansion caused by easy money and
the American desire to overlook M 0VJ
portunlty for Increased business. Any
inflation that may result through thS,
operation o&the Federal Reserve bank,
system has its expansion In the con-
ditions above referred to. Its Char
acterlatic will be largely overproduce
tion in industrial lines, with exoosses
of investment naturally expecting to
profit from increased production. .J
It is undeniable that conditions, mora
particularly In the Iron and eteel busl-f
ness. are most rosy. I think the ln
flation of prices has gone too far, and!
the Inevitable reaction will be damag-.
lng. I can already see signs of halting
in the building trade, caused by the
high price of building materials and
the rapid advancing of akilled as well
au unskilled labor. This will no doubt
extend and arrest development in other
lines.
TV CI ...
ummg ourvice on
Steamer Trains";
LitwiiTe uiit, j , wuen steamer
Northern Paeifff and Oreat Northern
begin tri-weekly service between Fla-?
vel and San Francisco, sailing on Tuee
days, Thursdays and Saturday, the
dining car will b introduced on thtf
steamer train westbound.
The Invention of the cravenettlng
process for waterproofing textilea was ;
the result of an accident in an Kngllsh
dye works.
Personal Interest
The continued growth
and success of a bank
depends upon the wet
fare of its depositors.
If you hava an so
count with this bank
its facilities are avail
able to you and await
your command at all
times, and officers and
emnlovees will tike a M
personal Interest in youf
welfare.
Open a checking Account with
THE
UNITED STATES
NATIONAL BANK I
Third and Oak Su.
Member Federal Reeerve
System.
Capital and Surplus.
$2,000,000.00
ZXQ
Stock Through
1
I.
f
1
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