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

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

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Newspaper Page Text4' . - THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, . JUNE 11, 1916: 0 CROP CONDITIONS AFFECTING PRICE OF WHEATS by Cohe n finance; industry AND TRADE REVIEWED V HIGHER PRICES BUT NOMINAL MARKET S SHOWN FOR CEREALS Quotations If ere Are Advanced for the Week but Business Is Lini itel Freight Itate to Count Much In Price Making. Ulgier prices were generally forced for wheat in- the i'ortlund trade dur ing the wtik, although at the, best the market was a nominal affulr. The government report whs of chief Interest to th: trade during the week. Knowing. a It did, a very liberal de crease in the prefect ivi; output as compared VltH final 101.". figures, there WfiH much more Inclination anion the trade to take hold. While foreign markets have con tinued depressed, the action of J he Chicago market was more favorable. The latter market reflected the crop damage new, and thla aided the gen eral American price. Foreign wheat depression is duo pri marily to the fact that stocks of wheat abroad are rather liberal, and with the reported huge carry over by exporting countries, Kuropean Interests ato still hopeful that the prices can he kept down. On the other hand, the much weaker feeling in freight la a factor of much Importance to the trade, and to the price' of tho cereal. The price of freights to Kuropc Is destined to hava much Influence upon market condi tions dnrlnir the coming weeks; in fact. thla influence la expected to bo much more marked than during lust season. I LOUR .Selling price: la'ent. $.'. 00; Wil lamette valley. $4.50: I"'- ' 4 0; baker' local, $1.1141.'.; Montana nprlnR wheat, 6!0; eiwirtK, M3'a4.5"; whole wheat. $H 16; graham, $5.20; rye flour, $5.15 per barrel. ' HAY Hurlc price- Williimel le vnlly tim othy, fnnrv. 120; eaUcru On "i" Idaho fun -y tim'othv, $21'22; uifiilf.i. $2W22. ( I HA I V SACKS- 1010 nollllmil Nn. 1 Cnl Clltlri, t'te In CHrlMn; l-n mil.. until are higher. UOl.l.fiP OA'I S -M T.0'1 (1 75 lT hnri'-l. Mcrcliuiila lilttiune J.ino prices. WHKAT Saturday Ttiurs. Weil Tiiea. Mlil t3 Ml Moo. ll'rl. AKk Rluea4m . . !. tw I.H IMI Vnrtvfolil 5 HI H7 K.i Club S.-i 02 S7 "I lied rife. . H , Shi H. hi l. lluaalsn US lo VI M OATS Feed 2o.'.0 .'.hip 2T.25 2C.25 HAltl.KY lead -Hi )0 2Soo 2MHJ sr. 2500 So 700 MILLSTI r FH r.run 24.v i7o 2:175 bli'irm ..27(H) 27oo 27oO Futures were nuot'd: WHEAT July l.luestem July folly fold Julv i lnti July red lf 2:i75 2725 2::.v) 700 Hid. . 9? . W . 3 . US AhU. KO 9.1 .a w 1)0 July Uuaaliiu FKF.l OATS 'fEEU BAKLk'V ' Miu-sTrKra'' Jely July July bran . July ehorta .2350 20' o I'.X'O L'ISO .'.MOO .2700 Walla Walla Has Better Prospects in The Wheat Fields Walla Walla, Wash., .tune 1 1. An other week of warm, summer weather Iimh done much toward remedying the unfavorable conditions Unit have pre vailed in thlis section slm-e winter l.ioka up, and w'ltal Kroers Keneraliy are manifest Iniy a more optlmUtlv feelliiK. tlraln lias made a Rood growth durlnkt the pasl week, yellow .spott. have disappeared, and the outlook is coimiderably better than it was two weeks apo when cnid, unseasonable weather' whs prevailing. As Jiad been feared by farmer In norue locftlltie, the cold weather pro duced the veed growth to such an ex tent that fields heretofore compara tively free from the posts now am filled with them, In certain districts, it la mm Id. the Kfowtiig (train cannot be KnM because of the density of the wee"l crop. TIiIh Is t lie rule more kc.i eially tn' sprlns Mwn wheat, but as tho weodi have made surli a Rrowth it is expected tlicv will be out of the v.ny before harvest inn operations be uin iMiistard. as usual, Is the leader and' tiie' cause of most complaints. No rain has fallen for the"-piMt week, hut in epite of this fact, the ground eenna to be well moistened, and tho Brain In not in .mmediale need of fur ther wacipitation. American Cosh Wheat. Minneapolis Cnsh, No. 1, ls c.isn, rso. i, nam, ft;No. l.northem. ll.lU- $1.16Xavl.r r i ia a. 'n 2. northern. 1 1.0b ((' 1 US,; TS'o. 3, northern, jlOl'SW 3 07,; No. ... hard. $1 04 01.06 Duluth Cash No. 1, hard, 1.12i; No. 1, northern, $1.11V; No. 2, north ern, 1.06Vi H 1.0'J1 : No. 3, .39'46 1 0i.';; No. 2. hard Montana Jl.050 1.0A. Winnipeg Cash No. 1, northern. ILin-H; No. 2, northern, $1.10, No. y, northern. $1.05 Vi. New York Cotton Market. Opto. ,. 1.11S ,. 1X .. ;"4:t .. 1277 .. i2ft .. llO .. 106 High. Low. Cl"e. 1 .24 1T20 t.'tfi l:t:tO t'l i:i;.o i:;;t i:m."i !2ss !.-i7;t r.":i i u t r.t'i i2!M VMM) 1 2W 1 2117 I.".i7 loUO i:;u January . M.rcb . . Way July August . O. lober . liu'ceiiiber foreign Wheat Markets. Ilverrool Cash wheat unchanged London Cargoes on passage Hd t: 8d lower. Buenos Ay res Wheat a lower. TRANSPORTATION pnW0AEE51tliI!fj s. hostum racirio S3. GREAT BOKTKXXV Portland $20.00) to and San Francisco $17.50) ruurr CLASS XXTBA8 Tourist. SIS and tia.BO;' 3rd class, $8. . S32 Bound Trip from June 10. MEALS AND BERTH INCLUDED Steamer Express (Dining Carl 9U30 A. M. TTJZaDAT. TmUJtBDAT. IATUJUJAT Ballings 1030 A. M. same day a front San Prancisco for Portland. THJtOUaa SIiXEPXlfQ CARS Between riavel ana Seattle and Van couver. X. o. TICKET OTPXCE. 5TK AJTD ETAS. P. 348 Wash., 3rd ana Morr loo lrL Pbones Broadway MO. A-fc71. Alaska Ketchikan. Wrangell, Petersburg. Juneau, Douglas. H aines, Bkaaway, Noma and 6t taichael California Tla Seattle or Van rranelsco to Los Angeles ana Ban uiego. Dug,' eummodloua passenger steamers, saw rates. Including berth sod meala Full particulars apply or telephone Tioket Office Ba Waahlngten St. .. -Main 239. Boas, Aaasa, POLITICS HOLD NG ST VERY TIGHT GRASP "evr York Trading for Day Is Un der Influent- of Convention Mutual Selection Would Have Aided Trade vSteel Coming Rack New York, June 10. -(I. N. S.) Politics dominated sentiment and the market broadened under the leader ship of Steel, at the opening of the stock exrhango today. Both factors were construed aa very important to the bulls. insiders predicted that a inutiuil selection at Chicago by the two parties through the peace confer enc-H would incite an increased feellnir of optimism in Wall street and ulti mately reflect Itself In the market. Jt waa very uppaicnt that Hteel is coming hack to it old form and few win deny its Dolential powers aa a stabilizer. Thu rails were less active and softer, with Keadlntr. the trade leader, around 10.1. i, to H higher during the first hou.r. Th entire market opened geii erallv firm, but eased off in the first seksioti to fairly heavy selling for a week end Xocomotlvo Issues were up at first, but readily reflected the reaction. Studebaker continued in popular de mand, but failed to hold as well as in the pas. few days. Toward the cloue of the session, with favorable political titA-3 from t'hlcaKo, the list hai a tendency to stlrren, bur at that there was considerable profit taking. First hour sales amounted to 1 0!,0JO shares. Tho market closed firm. !tanc;e of New York prices furnished by Overbed; Cooke Co.. 216-217 Hoanl of Trude building: llMVit'ljll I leu , 1 1 igu liw i '1 Alaakd OimiI AIIU Cliuliuera, r An.erlcHii llei'i Sugar. Atm-ru-Mii Caii c An erliau I au, pf . . . . Auierlian Car, 'ily., c. Atuerli uii (ul. Oil, c. . Aoivrleau 1a)iii., c... I ---Ni "Hi 'Uy, 2t i 'J7 I M 2i . MVa, s-iW I s:i', I 67'Mi &7'h 5llVi, ,111 1111 i 1 1 1 V a , 1 1 0 'Tt , i lil til UC'l-i: . 1 i Wis I 74Vt 74i: 7al'l 7J' . I(i-U, UM 1)7, MVu Aaierii-au Muiebcr, Aiuvrliati Sui.'ller, r'f.li:i n;i AD.i-rii'au Migur, c. . . Am. 'IVI. & i.l AmeriiMii VV'Miliu, c... Aiiniutla Mining- Cu. Att-hiwm, lialilwiu lHr, e Ualllinurc Jt Olili, c. . . iVvtliieUeai .Stt-el, c... t'ullf. tvirnleuiu, c . . Calif. IVti i.H'Uin, pf. c:anaillau purine Centi-til leather, .... tliiauiieuke at Ublu... Chi. A U. W., c Cbl. a U. VS ., if Ltd., M. jt (it. V Cla. & N. VV e i lilnu Copper Co'uradu t . 1., C- . Cuiiaul. (-.aa iiiru 1'roduita, v Cur a I'nxluiUi, pfd... Cruiihlo Hteui, c Lrucltilo bieei, pfd... 1. o. H. 0..c 1). .V It U., pfl I'lrillllnl' tile, c Urle. first ptd ' f'tteral Lleeir li; . . . ( rtMH I a I M'.I'H .... 0. Kjdilch Rubber Ui. .Nor. via lunda... Ut. Ni.i-., pfil Orm'iie Can be .Securities luliR.la (Jeiiual ..... liidualrlul Aluuliul .. liispliutiua ltuut'b..ru, c Kail. :. Sou Ui. e 1. Mi kii w uiiua Steel , . l.clillili Valley I.inilv. & Nihv Wi-xlran li't"'vlf UlU .. HI lUl'i HI ilit I illb-v SI ; S4 ; !4 0tlUliiJ,luH l .1 1)1 111 DOS I -mi .--I 47 4 17li',177',n(i'4,177', 50 i T4 W . o4 .1 1 l la i:t .( :ts tei 7T,, 87 . , 101 101 i loo iluyi, . I . MT, Kti M'Ui MH . I 44; 44, 4osi I I i ilith-'J, . li 1ST, i IS',; It) 1 I I 1 t)5 . ; suv. i 7'ai S6 i St) -I I I H7 I I ! , Z7 vi 2VV.I 27V.I ZV I 7vi f'!nl ! 4 , m au', jo so 6o WVtl u4i f-'.H I 171b i i i :-75 , 7 7SWl 771).! .! H7 o I ht arval a7'.j . 1 122 kg 1 1 22 1 14 -j, , 121 -4 . 47 47 4'jl 4H.-j I I I I .;io ios iius 1 107 .,!)',.! ltist lbd iioo . I 4(1 40 4.tTi 45' I l04l ls4l I''! ISVb . j 20V 2tiWi iaJi 20v I Vl'.al 710s, Tlisl 'TV. , 8u')i! hj, Ki tS .,13a ji;ia ii:i:t !ia:t:' . low Mi , Ks i 1 i ; H7 .H . a&v.l niVai 2.'si a.'.Si ( ; I i '-v . ;t, SJOfci 63? i r,; av,j r. .1 IS ISVfcl is I IS I !!; oi i4 01 I 1 11 lait i;i loii', Ulninl Coppi'S Jveiiii. Uiiiipeif ....... Mtitul I'ui lib Neala Ciinalliuited . New Haveii i N. Y. Air nrnke N. Y. Cciitful N. V., Out West. Nirf. a Welt., coui. Not tliern i'aciric . . . Pa. irii. Mail l'i'iiuijl. ltallway .. pit 10 lb:ic)tl'. 2Kat! 2N 2S . 1 1.1.-. liar. l.'l iia4Vt 1' ; ;ioi Vj . 2.;4 ,iti I 4N'i i MOV, , 22',. .ISV.illov. .1 24 I 25 . r.si 5s I 2!) i 2'J .lii'Mlitioa . i 4U j 4U .1..... ..... 115 21 ro I'eoDled OaM I'ittaburic CAial, eom. tlu lltll, l'li KM-il Stel Car, c. du pbl. P Itny t'cua. Copper. 22 ',4 lUiluay Slr.'l SurlnKai 47 l 4i Wi 4(jui 4U KlUlllllli. N'UIIIBIOU . . ;iu4 io4Hi tM'k iioi UvndiiiM, 'in ptd. . , . tin 2U Ibiuili. Iron i S., J.. pfd KiH-k Inland NliultucH s.-ui a. Xtob. At Co. . , 4 I 1 I 7 1 4K 14 ; 4MU 47'4l 47". Illl'.j, i il il'j I 2) I 20'nl 2) I 2) I oiu, an,, i , I ,!' H.i ,143 1 142 142 I I i I'-'-i btuilebaker, ckio du pld Hli.a Sheffield South. Pacitie noli tli, Hy., cum... do pfd. . Ti'nneai'6 Copper. . Tiiaa Oil Texa Pacific Third Avenue I moll f acltlc, c. . lalou Pacific, pfd. V. rf. Kubber, c. . . . C. S. Kubber, pfd. I.-. H. Steel Co.. c. W UUI UH, bbT 23-,. I 2:i 230xi tin iui ,. 1, a 1 . I Ml tit 'mi till I tit . 4.1 43 ; 4o SI 4 1 MlU2VallW lb2ilW2', .1 I 11' . VjI WVal WVki 0-,a . I 82'), 1 S2' .1 B I 60 I 6f04l 55 -ll'iu louviiliaj jioui, .1 8UU SO'., SO', f. . Steel Co., pfd. 1170ill 11170. 117V I tab Copper . 1 82Vi t34l 82, 02 Virginia Clieni., c. West. I 'n Ion Telt. . ealliiphouae Klec. Wlaeoualn Central . Vlix.l worth ........ Cluur Mf. I 110,1 I 1 I l44i 94V.I 04 I 94 3 1 02Vi tSl-, 1 I I I I 420. : 1 1 137 I . . . . i 1 a Tulul aalcb 1HN 400 .hare.. Trend of Wool Is Higher in Boston Market for Week Boston, June 10. The trend of wool prices Is still upward for the effect of the recent imposition of an embargo on the exportation of wool from Australia has been to further strengthen the price views of the American sheep raisers. The British war department has or dered a census of wool supplies to be taken with an Idea of finding out just l.ow Knglatid and her allies are fixed in the matter oi supplies ol raw ma terial. This action gives rise to hopes that the embargo on the exportation of Aus tralian wools will be of short duration. A iuoiI deal of speculative activity has been observed in foreign scoured wool with prices rising. Sales of fome ot the best or these wools have been made as hiiih as fc2 cents fo 83 cents. Huston receipts were 4,724,612 pounds domestic wool and 8,438,959 pounds of foreign. Cherry Crop Reduced. Hmd River. Or., June 10. The Hood River vallev cherry crop bas been greatly redui'ed during the pant week on account of a heavy drop in the cherries that were one-half ma tured and were beginning to tike on color. It Is stated by the growers that the drou Is due to the cold rain In the early part of the s.sson thu; devitalized the fruit to the extent that it could not recover and respond as the season advanced. The crop estimate of the valley originally made was approxi mately 15 carloads of Rings. Black Repub lican, and Lamberts and 50 tons of Royal Anns. Wllmer Sleg, sales manager ot the Apple Growers' association, states that this SttUmaU will probably be reduced ooe-balf. Vale Orchards Unharmed. Although orchards throughout East ern Oregon were generally damaged by the Way frosts, a large part of the apple and pear trees in Malheur coun ty were, not harmed, it has been as certained. .- OCK MARKET CITY MAN MAKES By HjTnan H. Cohen. Can the city man make good on the farm, and what art his chinces? An swers to both of these questions ars made in the affirmative by one who lias made good and "beat the born countrymen to it when it came to se curing profits. Frank K Shull. a credit man and head of the sales force or a leading flouring mill concern of the Pacific northwest, is the man who has shown the countryman how to secure profits from the farm which was otherwise considered worthless. He has secured the cooperation in this matter of the United States government as well as tho agriculturist of a big railroad sys tem who operates near the land. He has taken a sandy stretch of 920 acres of land that has been considered practically valueless from a producing point of view, and today has within sight an Ideal ranch that is making more money than any of his neighboig who have been "farming" ail their iivts. Nothing Xieft to Chance. The one great feature displayed prominently by tho success or Air. Shull Is that he does nothing by guess. JSvery thinjr is scientific. If he plants 30 acres of corn he knows exactly, or rithin a bushel or so, how much ol the cereal he can produce on that spot. He knows beforehand exactly wha,t that torn is going to cost him. The use to which the cereal will be Dut has been planned before a single seed la sown. The very first thing that the city farmer did In engaging in the farming business was to have his entire land surveyed. Not In the way that the ordinary surveyor would do it find the boundaries and extent of the hold ings, but to see exactly to what use the ground could be placed and what would be the probable profits. The land Is located north of the Co lumbia river, in Washington, and is very sandy and subject to blowing. The first thing that was learned was to farm the property in strips until it could be definitely ascertained how much so!! could be handled. Subdi vision of the land were then laid out, hoKtight fences put ;n and hog houses were built. When the land was pur chased there was no feed available for the hogs, therefore sufficient stock had to be purchased at the start to feed the few hops first secured. crops of wheat, barley, rorn, pota toes and carrots were then planted and 50 brood sows purchased as a begin ning. The first harvest of the crops went beyond the expectations of the city farmer , and in fact old residents were amazed that anything at all could be produced. Some of them predicted that the blowing sands would cause the farm to be one place today and in another locality tomorrow. Keed selection was one of the very big problems of tli new farmer he soon discovered to his cost, but not loo late to remedy matters. (Torn seed was purchased with the following tested results: Germination Name: per cent. Pride of North 96.00 Australian White Flint 98.00 King Phllllo L. V. B. . t 91.00 Yellow Flint U V. B 86.00 Teaming, U V. B 67.00 Pride of North L. V.B ff7.00 WUds Bangs of Germination. It was found that the same varieties purchased at various places showed a wide range of germination. For in stance, the Pride of the North seed secured at one place tested but 67 per cent, while that bought at another place went 98 per cent. The price paid at both places was almost the same. The following plan of feed was Adapted: Iiolled wheat 2 lbs. Ilran 1 lb. Shorts , 1 lb. Cut alfalfa hay 2 lba. In feeding the following methods were employed, and proved highly sue- ccssrui: Tiie- mixture was put into a a UfcMit hox and mixed thoroughly. All the water the hay could absorb Was added, after which the mixture was allowed to stand for 12 hours. Feed ing was twice a day with enough- to keep the sows In proper condition This was about 2 pounds per day for oaj h I'm pounds of llveweight. Tnis iced was continued from October 1 to March 1. While suckling the pigs the mixture was continued, but the feed ing was lighter Just after the sow had furrowed, so that the flow of milk CROPS AND MARKETS OF PACIFIC NORTHWEST TKAM WORK AT IJ3WISTOX Orchards Association of Idaho City to Work Together in Packing. Economy of labor, through system atic and cooperative organization for the promotion of efficient service, is the keynote of the. policy adopted by the members of Lewiston Orchards aswitiuiioii at ine recein couierence held with the board of directors of the asKociation. when nlans were outlined looking to such end. It was unanimously agreed that the prnU'uru . ; l . I nr, ,1 u i-,, . . , ... groups of four each who would unite in the harvesting of apples on one tract, delivering the fruit of that tract on the same day at the packing houso where a force of packers would give that delivery special attention, afford ing it full credit for the several rade packed, something that has been impossible under the method usually followed where many indi vidual deliveries of small amounts are made on the same day and packer1 by the general force. KHKEP SHEARING IS XOW ON R. N. Stanfield has just completed the shearing of 1 2,376 sheep at Hunt ington. This clip amounts approxi mately tn lOo.OOii pounds. This to gether with sheep on the Snake and around Juntura will comprise a clip from about 4 5.000 sheep. These clips have already been sold at a contract price of from 21 cents to 26 cents per pound, delivery to be made at the Bos ton markets. Mr. Stanfield also disposed of and delivered to the Hn Francisco mar ket "ii.OOO sheep, these shipments to occur between now and August. 1, all to be consigned to Miller & Lux and the Western Meat company at San Krancisco. His first shipment went out this weex. consisting or 4000 sheep 11 CMrloads. which are consigned to the Chicago market. Lakeview Wool Sales. K. If. ("lark, representing the Boston wool firm of Kisemnnn Bros , June 1 purchased about 23,000 fleeces of wool. The price paid was 23 cents. The parties from whom the wool was purchased are Fitzgerald O'Keeffe, 1 O Keeffe Bros.. S. K. Hllderbrand, J. W. and Henry O'Keefe.. Jules Jassaud. and J. P. Egan. This is the highest price that has been paid for fine wool in tins country lor a quarter of a cen- tury. Clam Cannery Operating. With the recent change In the tide the Seaside clam cannerv has been operating on an extensive basis. Sheep for Chicago. Seventeen rarlnada r f BVin nn. nf ! the largest shipments of the season. were shipped to -Chicago the first of me weeic ny Harry Bartholomew, Stanfield, says the Stanfield Standard. Merchants and Producers: Ship to us. We guarantee. For Hogs. No. 1. 10c lb.: Veal. No. 1. 10c lb.; Hens. 14 15c lb.; Springs, 15c to ISc lb.; Butter. 20c lb.; Eggs, fresh, case count. 21c dos. No commission deduct ed. Checks mailed daily. Reference First National Bank. TUB SATTJTAS CO-, 807-SOt Stark ars, , phone Marshall 887. GOOD ON THE FARM r'fr iW -Z&rtFk f ' ht Picture on the top is of a Doroc Jersey boar. The lower picture shows V-shaped cots on the farm of a city man who believed in treat ing his svvino right. was not too heavy. As soon as the pise were big enough to take all of the cows' milk, the former were fed two Pounds per day for each 100 pounds of weight. Gradually equal parts of bran, ehorts and rolled wheat were added until the ration for each aow was in creased a half pound a day for each pig in her litter. In this way a 200 pound sow, having a litter of six pigs received a ration of seven pounds of feed. Such scientific methods and socalled tommyrot created real amusement among the native farmers, but the city man stuck" by his method, and the repult was a display of a brood of the healthiest pigs ever seen in the north west. Pat on Oraln Pasture. From the time of weaning of the spring litter to the farrowing of the fall litter, lay 1 to September 1, the sews were put on grain pasture, win ter wheat and rye, and the ration feed continued while the pigs were suck ling until the sow was bred. The heavy ration made her aain consider ably, and put her in proper condition for breeding as soon as possioie. Alter hrAAitlnF thi. stow were tfA one nound of rolled wheat per day in addition to the pasture. The sole aim of tht method was to keep the sows in good condition, but avoiding the allowing of the animals to get too rat. In feeding tk March litter they were allowed a little dry gram (equal tarta of rolled wheat, bran or shorts) in a shallow trough, as soon as they were able to eat it. Every pig waa nwide to eat the feed up clean, and it was not allowed to sour by accumulat- Hncr in th tioushs. Tho feed was graa imllv increased until they were reoeiv- fctnir about half a pound per aa.y at weamne time. One of the best methods utilized was to keep each sow and her pigs separate from the others until the latter were Weak Cables of Morning Bring a Low Wheat Mart Chicago, June 10. A lot of week end ,, ..jh .,... , via liquidation followed the receipt of the ' ea.i lv morning catnles. which showed ex ! treme weakness as compared with our 1,. v..t.nt.v K.-attred . m rains are predicted over the greater , part of the grain belt. NO wneat was Th j,ome county woo, pooj that iq reported sold for export, though Indl-j being formed by the stock reisers of ' cations point to moderate sales. Min- this Dart of the state is rapidly tak m . .'ine form and will contain in the i neapolls advised of an active demand j Neighborhood of 70.000 pounds of wool for good milling grades at half cent when ready for sale. The late cold K.tt nreminmu and that country weather has retarded shearing at ; better premiums, ana mat country leagt two weeklj accordin? to jforitet shipments are increasing. John lnglis Master C. J. Kurd, who is in direct reports condition through southern and charge of the pool. The wool has onlv i southwestern counties of Nebraska! of late commenced coming in regu ! very promising and In some sections, J larly. it Is better than last year and 10 days; " earlier. Strawberry Season Closing, i On the whole the general news was Thlf) wepk th Kennewlek. Wash., bearish and during the last naif hour t strawberry season will be practically of the session an immense amount of over antj a nftW record In the market wheat was put on the market by com- infr Qf the Kennewlek-Rlehland straw tnlssion houses. This. In the absence berries will have been established a of support, caused a radical decline record which it Is believed has for that finally resulted tn a loss of about ' ever banished the open consignment 3c from yesterday's closing prices. j and home competition and which Rearlsh sentiment again asserted it-1 means permanency for the method of self In the corn market and notwith-! marketing the berries under one con , standing the forecast for showers over1 trol. . . V. .. . 4 - 1 1 1 1 tViA - at r I nna fttsnlavpH I l yesterday was in evidence almost. thrnnirhAill Ilia anHm BBfitfin tnflilV. civ..r enndttinn. slitrhtlv more' favorable, as temperatures were some what higher, and rainfall more mod TVose Che" had amicipated gen - erate. eral crop complaints oasea on me r - cent excessive moisture nave oeen ais- j appointed, as damage reports have; been few and diversified. Receipts; were a little better than the Past few The Oregon Canning company at days at 447,000 bushels. The Chicago) Vancouver will begin the season's oats market was 1c to "c lower, and . work on strawberries the coming a further decline late in the session week. Expectations of th manage was augmented by a falling off lament are for a short season. premium 011 -1 1 r- . u . a (eiwi, . . would Indicate that the Improved de mand, which has beenitne main sua- I tainlng actor, was only temporary. and has now been satisfied Products fluctuated within a nar row range of values and closed with, out feature Conservative Interests are arrayed on the constructive side of ribe. Range of Chicago prices furnished by Over- tck It Cooks Co., 216-217 Board of Trade bulldlng. WHKAT Hlrh. 10714 Iosh 110 CORN 72 70S 1S OATS 40 3Si 40 PORK 2180 2135 LARD 1247 1260 BIBS 124T 1257 Open. July 107 H Sept. IOS14 Dec 110 July 71 jtpt 70S Dec 01 July 39 Sept. 3s Dec eofi Julv 2180 Sept. 2132 July 1247 Sept. 1200 July ,..1245 Sept. ,....1252. -' .... i Lew. 1044 ioe ios4 70 391 nose. iooh 108 71 B 70 b asA 39 2167 2187 2123 1245 2120 1242 1253 1243 '. 1247 1258 1260 "l AND TELLS WHY S - tefrff .1 weaned, which was about when they were 8 weeks old. At that time they weighed about 30 pounds each. Then tliesplgs were placed onto grain pas ture and their grain ration increased (equal prtTts by weight of roiled wheat, bran and shorts! until they received a half pound of feed for every 25 pounds of weight. This ration was continued until the wheat was ready to hog-off. Then gradually the change was made from pasture to standing grain by cutting wheat when it reached a stiff dough stage and feed ing it to the hogs in the pasture. At the same time the hogs began to get a -taste of cooked food. Gradually po tatoes, either cooked of raw, "were sub stituted for the raw ration. Pigs Begin to Thrive. The effect of this rat-Ion was like magic and the little pigs began to thrive beyond every expectation. When they had become accustomed to the new ration they wereV turned into the standing wheat. Potatoes were dug each day, and each 100 pounds of pig received five pounds of tnis 1,'eed. Only the poorer potatoes, or thosk left for the general market were used. As the hogged-off wheat began to get scarce, some early sweet corn waa cut and fed for tbout two we?ks. Then In about two weeks the pigs were turned into the flint corn. ; About three weeks was the duration of this feed, and a gain of one pound was made in the pig for every four pounds of corn eaten. When they reached 225 pounds each about five pounds of corn was needed to force a gfJh of one pound in weight. When this stage was reached the animals were sent to the stcic yards market and received the highest price secured for hogs from that section, andfefully demonstrating that the city niajP-was a full success on the farm when he utilized business methods that the average farmer scoffs at. SHEEP SAL.ES VERY LIBERAL Within a Few Days $50,000 Worth Sold In Vicinity of Baker. Baker sheepmen have recently con tracted for fall delivery of aver 7000 head of uheep in Baker and Grant counties. David Lee tf Baker has contracted for 3500 head from Wro Widman. James Murphy, 1300 from the isels-Ashford ranch and J. B. Ad rian of Halfway, i300 from Mrs. Lillian McRae of John Day. The total investment in these three deals j will be approximately $0,000. Wool Growers Pool. Shearing at Lakeview. shearing corrals arSlind All shearing corrals arSlind Lake View opened for business thi.s week. Very few of the sheerfrnen are shear- ! f t present time, but the next 1 3 y i n v n i ino n 11 1 o v c; nig, J iai i f vi ci i - Will Can Strawberries. Stanfield Sells Sheep. R. N. Stanfield of Stanfield shipped 20 carloads of sheep to TJnlon last week. Jack Kenney aesompanled them. PORTLAND DAIRY EXCHANGE Trading was light again today, though ef- feiings were fair. A feature of the proceed- lnga of Interest to members was the adoption of a motkm that the call be made promptly at 11:30, not waiting for the tardy ones, fcales were: DAIRY BUTTER GO lbs. sold at 22r. EGGS ' 50 cases enrrent receipts, rota and cracks out. sold at 22c. 10 cases current receipts, 22e. , 50 cases enrrent receipts, rot and cracks out, sold at 22e. CHEESE 23 drums New York cbedder sold at 2IV.C. POCXTRY . 1 coop corks sold st 10c lb. 2 coops bens, 3 lbs and up, aVld at 23 lie. 1 coop turkeya, 1 male, 3 females, sold at 16c New York-London Silver, New Tors, June 10, Bar silver, 63 14 c ii ; London JuMJjjy SWINE MARKET HAS A DEPRESSED TONE IN LOCAL Liberal Marketing Brings Further Cutting of Quotations and Simi lar Conditions Shown Elsewhere Cattle Run Has Effect. PORTLAND LIVESTOCK RUN TRADING Hogs Cattle Calves Sheep This week ..7961 1356 10.1 4132 Last week ..7340 1102 82 443 Previous wk. 54(0 15S3 176 884 Month ago . .6137 ' 970 46 2259 Year ago ...4736 613 232 4581 3 vears ago. 3317 1497 35 8967 3 years ago. 3032 1676 14 619 There was a badly depressed tone In the hog market at North Portland for the week with a very liberal run. In fact the depression in swine values was general all over the United States for the same period. With practically no purchases of provisions reported recently by Kuro pean Interests at eastern centers and with a big run of hogs In sight, the market has dragged wearily all week. Locally the trad has been sick. Buyers were extremely bearish in their price ideas and white at times shippers held back their offerings for more money, they ether had to sell or take the stuff home. Of course the latter was practically impossible. Choice lljrht weights IJood light welfhta Medium n eight. Hough and heavy .$S.30lV2fi . M. 1 i.fct S. 1 . S.(KflS.O?l . 7.5048.00 Cattle Market Is Lower. With record breaking supplies of Mexican cattle fed in California, offer ings in the local yards during the week and with much heavier supplies ex pected during the coming ix days, considerable depression was shown In the trade generally at North Portland. Aside from the southern offerings there was little stock available in the cattle division during thu week. C.ueral rattle murkel rang. Oiolee graa aleera Ordinary to ecmujou iteert.... Choice row, Ordinary to common cow a Choice belfera Ordinary brliera Choice bulla Good to fair bulla Ordinary to common bulla.... Beat light calves Quod calves . . .$X.2.Vrl.M . 0.00(37.00 7.SR . 7.00(3 7 2S T 5 ' toot! . O.&"rfl'.00 . 4.0OfS.0O . 2.00U2 71 .ai . T.00&7 50 Mutton Trade Xlffner. With dlsannolnting runs of sheep and lambs at North Portland for the week, the local market was not only strong, but In some instances sales of lambs were made at a higher price. Demand for mutton and lambs was at all times during the week somewhat better than offerings and this neia prices aloft. Ueueral sborn mutton sna lamo rang: Select spring lambs 10 00(30.23 Beat yearlings TJ30'dt7.75 Oood to common wethers .7ofit7.O0 Beat ewes 5 80 Oood to common ewe S.003.M) JOBBING PRICES OP PORTLAND These prlro axe those at which wholeaalerf sell to retailers, except as otherwise stated: Dairy rreduce. BUTTER Prints, extrsa. He; prime, firsts, 27c; firsts. 28Vic: dairy, 21M21M,c. BUTTKRFAT Portland delivery Ne. 1 sour cream. 27o; No. 2, 26c. KUOH Selling price by dealers unsettled, delivery extra: Selectod freuli, 24c: case count buying price, Oregon ranch, 22lVuac. f.IVK POULTRY Hena. heavy. Plymouth Rock, 14'-ji; ordinary i-hlckem. He per lb.; tg. 12c; brotlerii, nfrj2oi -. turkeys. 1S4J21C; dressed, fancy. 2tiit27c; cull. 17lr2)c; pig eons, $1 OO'S 1.2.': nab. $1 20 dozen; geefe, live. 10allc: JVkln ducka. old. 10c 11. ; young aJid heavy. 17c; Indinn IlunrHT. 14c lb. t'HEESB Helling price: Freal. Oregon fancy full cream twins and lripli;la, 1 Ill 'i: Young America. 17(ali'ji. Price to Jol.beia: KlatR. lTur; Yining Americcn. Tic. f. o. I).; cream brick. I22e; Llmherirer. 2:io; Wiaconatn wheel, 34 4i3Hc: block t!wiB. KOc. Truits and Tegstables, t'KKSH FRl 1TH Orungcs, fancy navel, f2..V)Cn3.2f; ValeiirlRs. $.').. '.0 box; l.iuuitnoj. 5e It..; lemona. $3.ikkh4.Z5 box; grapefruit. Fie lds. S4..Vi(a."i.25; caae, pineapple, 5'He lb.; penra. ..'.Offi 2.10; rantaloupea, $3.003.75 crate; watermelons, 2jf lb. RKRR1KS JStra wherries, Oregon. $1.20ji 1.7n: gooseberries, IfuSc 11.. APPLES -IjjcsI. 50c$1.50 iHr box. accord ing to )ualpy. ONIONS No. 1, K75 per rental; No. 2. 1.2'.1.50; garlic, 12'jc; new onions, 1.75a 2.00 crate. POTATO KS Selling price: L.cal. tlJ0(ft 1.7o: btt'lng price, 1.254il.J0 per ceutal; uew Chllfornla. lb. VEGETABLES Turnips, 40c dnxon tmnchea; carrot. 4c: parsnips. 4'c dosen bunches: cal. ban... $:;.0o imt cwt.: reen oiiktria. 2."c dozen l.unche: ncimrs. Florida, 2.V dosen : bead let tuce, California, g2.0 per crate; celery, t lor. idu. $3.,V: rsnliflow er, local, ( ) per doaen; Krencb artlcbokea. 75c: asparaEiis, local. Sl.oo i ifil.K dozen bunches; botljount? cucuiiilK-ra, ".V'ftfJt.oO per doten; tomatoes, California, $1 .404tl.M box: egg r;ant, 12'c; string benns, Kc lb.; spliiaen, jl.iaj .er box; rhubarb, W'Ct 2c per lb.; pi-aa, 10c lb. Meats. Fish and Provisions. DRES8EI MEATS Helling prli-e: Connrry killed fancy bogs, lOc; poor, &JtC; fancy veals, 10..j'illc; ordinary, HlOe; goatR, ilrd) 5c lb.; spring lambs, ,17c lb.; mutton, 10c lb. HAMS, BACON, KT.C Hams, 18ii22VaC ib.: hreakfaat bacon. 17!M)c lb.: bollod bnuia, SOc lb.; picnic. 13c; cottuge roll, UVic; Oregon exports. ISCtl'i'jc ir lb. OYSTERS Olympia. ir gallon, 3; canned eaatern, r..V can, SB 5e dozen; eastern in ahell, iM pur 100; raju.r claina, dintan; east ern oj-atcrs, per gallon, olid pack, t'J. F1HH Orexsed flounders. 7c; Chinook sal mon, llylic; perch. 7iae lb.; lobsters, 25c; sltver smelt. Kc; imIiwhi trout, 12c lb.; halt, but. 10tl2c; torn cil, 7c; black hxs. 71-jc lb.; r.liad, dressed, 34c : sttirgenn, ISc. CKA11.S Large, 1."0: medium. 11.26 dnz.-n. LARD Tlcr.ca, kettle rendered, HVjc; standard, 14c. Grocer tea. SUGAR Cu1, H.2i, powdered, .UB; fmlt or berry. $8.43: Iltnelnlu. .40; beet, $.25; dray grantilal'id. V45; I) yellow. (7.63. t Above guotationa are ;: tisys net cash.) HONEY New, M 2S(3.M per esse. KICK Jiiii style. No. 2, 4tc; New Or leans, head, 5-i$J"Vi": blue rose. 3WC. SALT CouriM-. bBlf groiimU. 10O. 1 10.6O per ton; :m. tU.'M); tabl- liai.y, 50s. Sm.OO; Kaja, j'...to, oaitf. -.;.; unip nxK, jk per ton. REANH Small whte, v.2o; large wbrte, 4.lo: pink, 0.2j; liuiaa, $3.75; UMjuU. li.2.'., rurt. $0.50. t Hops, Wool and Hide. HOPS Nominal, borlti price, 1915 crop, choice, luVi'uHc; frloiu. 10c; medium to prime, 7y.c lb. WOOL NomlLsl. lDttj clip; Willamette val ley, coarae Cotswold, 3.30e; medium Shrop shire. j',35r; fine. 30ii:t2c; eastern Oregcu, l(tt20c. H1UKS Salted liiiiea (25 pt.unds snd up). -6c; sailed stags it" lbs. and upi. 12c; sailed kip (15 lbs. to 25 lbs.), 17c; ml ted cnlf (up to 15 lba.i. 26i24c. green hides 125 lbs. end up I, 14 'c; green stags t.'KJ lbs. sod p lOic; green, klu 1 1. IPs. to 2 lbs .. I , green calf (up to 13 lbs.), 2."tig24c; dry flint tildes, Z9'4K'. nry runt rait .up to 7 lba.i. .il. ; dry salt bides. -Ate; dry horsehldes. each Jl2. sail Lorsensdes, eacs. s2.oo413.Hi; horaenldes, 2Sc; dry king vrool pelts, 20c; dry short wool pelts, 12c: dry sbecp shear ttngs. each lU125c: salted sheen shvarllnra each, 15(25c; try goats, long bslr. ISc; dry goats, shuurlings. each, 1020c; salted kmg wool pens, fi -vvii.au. TALLOW No. 1. r; No. 2, 7c; gresse, 7e. CHITTIM OB CABCAKA HIKk fiuvliur prices, per car kU. 4 fee; iese than aa lots. MOHAIR 1914. 35c Ib. Faints and Oils. COAL OIL W.ier white. In drums and iron l.arreia, i;c. LINKKED OILt-Rsw. bbla., 87c gallon; ket tie boiled, .bbla.. (tic; raw. caae. 2c; boUed, case, v-ic gai. , iou m jou gallons lc leas. TURPENTINE Tanks. 61c; cases flee gal Ion. WHITE LEAD Tea lota. 10ic lb.; 600 lb. tots. lie; less ka, uv per 10. GAHOLINE Baals price. lc per galtm. CIL MEAL Carload kits, S34; less thsn car tots, Jo.JW. ', When wTiUng er celling on advertisers, o'esse civnUua The Joorna. (Adv ) Beoession of Prices LookeA Tor- It is freely stated now that increas ing high prices of raw materials anl commodities have reached the point where they adversely influence pro duction. As a result, a reactionary tendeucy toward lower prices bas set in, with beneficial results all round. The . reductions thus far have been shown in raw materials principally, although a few manufactured pro ducts have followed suit. Some price concessions, it is declared, have been made by manufacturers to stimulate retail buying. The volume of busi ness being done by the principal man ufacturing plants of the country is said to be still manifest. The high pressure buying power of the seller has been relaxed for the time being. Portland While business in this territory is still under normal, the volume is eijual to the earlier months of the year and is in excess of last year's at this time. Prospects for the summer and fall months are encourag ing, says Dun's Review of June 10. The crop outlook, on the whole, Is good, grain prospects having Improved in this state in the past fortnight. In spite of the backwardness of the Ben son There has been some interference to coastwise shipping because of the dock strike general along the whole coast. On the whole,; labor Is well employed, with a shortage in some Industrial lines. Lumber shipments are held back by the scarcity of tonnage for export trade and the tie-tip of coast shipping. Domestic shipments last month were 12,S13.0S8 fe.-t and 2.764,271 feet were sunt to Mexico and Australia. The total compared with 16,106,673 shipped in May lust year, 68,144,161 feet two years ago and 47,024,190 feet three yeurs a bo. Wheat shipments in May were 408, 666 bushels to Kurope and 226.433 bushels to California. l.'p to 26 cents has been paid in east ern Oregon for fine wool and as high aj 38 cents for coarse grades. W II lamette valley wools are near the 40 cent mark. About 85 per cent of the Oiegun clip has been marketed to date Karly fruits are coming tn slowly and command high prices. The prune yield promises to be larger than last year's, and a record apple crop is ex pect el. High water has stopped the) salmon run In the Columbia river but packers anticipate a heavy catch in July. Open ing prices for this season's pack, Just named are the same as prevailed In 1 11)15. There has been only a slight gain In new construction In this city. Building permits Issued in May were valued at (470.120 as against 1432,065 In May last year. Portland postofflce receipts in May were $99,810, the largest for any May in the history of the office. All Paoifio Coast Cities Snow Gain In Bank Clearings. All six of the prlncljial cities of the Pacific coast territory show handsome gains in the tank clearing totals for the week end ing June 10, 1918, when comparison Is made with the corresponding week of last year. The clearings of the six principal cities for the week ended June 10, 1916, compared with the week of June 12. 1916, Is as follows: June 10. 1116. June 12. 1015. Increase. Portland . . .lifl,2n,S27 $ S,RO:f,144 $ l,41o,(l:i H. aide 15.HM.5.T3 11.708,026 8,Rf.7 Tneoma .... 2.275.S3 l.lf.7,27.1 8IS.M3 Spokane .. 4,731.230 8,631,1164 1,10(1, 5s2 Kan Fran. . . 7.57lt,5SO 47,1sfl,Hs2 lO.HOO.lOS Ixa Angelea 2D, 201, 418 20.434.576 2.7l)'l.ltl!l The grand total of bank clearings for all tho chief cities of the United States for tho week ended June 8, was $4,592,486,805. compared with $3,088, 24,761, for the corresponding week of 1916, an increase of $1,603,862,064 for tho latest week. Minor Changes In Beserve Bank Statement. Tho statement showing the condition of the Twelfth district federal reserve hank for the week onded June 9 indicates njo changes of importance as the result; of the opera tions of the week. The principal Items in the statement now stand: Gold In own vaults I B,4lZ,ooo (rold settlement fund., .690,000 Total reserves Commercial rediscounts... Hank acceptances t'nlted Stateis bonds Municipal warrants Jetk-ral reserve ndte.s.... Capital paid 16.098,000 416,000 8,697,000 8.609,000 1,986,000 7.S46.000 8,933,000 Fruit Growers May Change By-Laws to Take in Hood River Hood River, Or., June 10. Offlolals of the Fruit Growers Agency have signified a willingness to accept the nroDosed changes to Its by-laws a" suggested by the Hood River Apple (irowers association mat. win nwun the obstacles that have been in the way of the local association ana navo prevented Its joining ine agency nero tofore. A. W. Stone, manager of the association, said: "In reply to an urgent request as to the position of the Apple Growers as sociation towaru the Fruit Growers Agency, Incorporated, we haws nareio fore been unable to consistently give to the press any definite Information as to the conference between our asso ciation, representatives of the Fruit Growers Agency and the 1 Tnited States fovernment, held at Hood River on "rlday and Saturday last. We are. however, now at liberty to rurnisn you with this information and we can com ply with your desires in no better way than to quote from the correspondence We quote trom letter or tne Appie Growers' association to the Fruit Growers Agency incorporated: ' After considering your oy-iaws carefully, we have made and enclose herein a few suggestea cnanges mat we regard of the most Importance. We take tills opportunity of assuring you that in the suggested changes you have received the experience of our growers, wnicn nave Deen maae wnn ih facr in view that we are to become a part of your organization and have made these suggested cnanges wun tiie view of laying the foundation for a stronger ana more permanent organ ization and we believe you win rina u much easier to secure members wltn these changes than you could other wise have done. "'With our organization we have learned the lesson that a successful cooperative organization can not suc ceed by holding its members against their will, but that the greatest suc cess comes from so organizing and so conducting such organisation that the greatest punishment to members is to expel them trom your organization. " 'If there is anv suggesfM chanare in these by-laws that you think is no-B-j ifor the nest interests or tne rTui: Growers Agency and for the best in terests of the fruit growers of the northwest, we wish to have you com municate with us and we will point out to you wherein we believe such change will be In the Interest, not onlv of the agency, but of every district in the northwest, if sucn la not the case, then we have been misled by the many years of experience in this lino of work, to which we are heir. "We have concluded that In order to insure success In this work and be of benefit to you in assisting you to se cure enouan tonnaara to warrant ini we believe that not less than 76 per tent of the tonnage and 76 per cent of the eligible active members of the organisations located in th nrlnelnsl districts of tne northwest ahauid Join Deposits,; riet. member banks 23,666,000 - Government deposits 2,lft6,00e , Total resources 29,656,000 Stock Xxchange Talk of Saturday It Is reported that J. 1. Morgan com pany hae, within the past two days, placed loj-ge orders lor copper for the British government at current prices, The course of the market Is shown In - the average of 12 Industrials being 123.36, a. gain of .63 from the previous ' session. nd the average of 20 rails, ' 108.80, n 'average of .37 by the same ; comparison. Heavy increase In April Xaports. s The bureau of commerce of the United States says that the exports for April. -. 1916, totaled $39,000,ooo, compared with $294,1)00,000 for the same month ol 1915, a gain of $105,000,000. The imports for April were $217,000,000, compared with $260,000,000 for the cor-le.-Srumdlng period or 1916. Thla show- lug gives the balance of trade for April as $1 82,0901,000 or at the rate of $2,184, 000,000 a yar. As a matter of faot the average has been running higher than , this. It i expected that the favorable balance for the current fiscal year will reach much higher figures. . - United States Stssl rig-rues for Star. The report of the unfilled tonnage of the L'nlUd States Steel corporation for May 31, : 1916, shows an increase ot 108,247 tops, compared with the hut report for the last day of April of this yt.ar and a gain of 5 Vs million tons over , the corresponding dale of 1916. The -new orders received during the month s of May did not euuul the tonnage of the shipments. The figures show the unfilled tonnage on May SI, 1918, at' 9. 937, 798, Which compares with 9, SIB,- ;. , 651 for April 30, 9,331,001 for March 81 and 4,64,5118 for May 81, 1815. Business Failure Beoord raroreble. The, total failures In the United SStatcs, a reported by H. O. Dun & Co., for the Week ended Friday,.-June B, were 287 compared with 292 for the " week immediately preceding and 314 ' for the corresponding week of IMS'. The fallih-t in the 1'aclflc coast dis trict for the week ended June 1, ths n latest date available, were 87, com pared with 46 for the week immediately preceding and 55 for the corresponding . week of last year. Money Market Tends Higher. Ths feature of' the money market at New York was the session of Tuesday when demand loans went up to 4 per oent. The closing rates on Friday were 3'4 per cent, tor high, 8 per cent for low and 3 po,r cent the ruling rate. Time Joans of all maturities responded to the falling reserves of the clearing house banks. Silver prlcea dropped ab ruptly on I'rlday's market, llar silver went to 634, but showed a little more ' strength, On Saturday. The range of rates for the week was as follows: New Yolk Demand loans were firm er than the preceding week with the ruling rate varying from 2V to per cent; time loans, 243Mi per cent for 60 dAys; 3le3 per cent for 6 months;, commercial paper, 3 '4 84 per cent for 80 and 90 days. I'ortlnnd Time loans and commer- clal dlscbents, ti'ij K per cent; New York exchange $1 premium. , Heatlle-Tlme loans and commercial discounts 6 OjP 8 per cent; New York ex change $1.26 premium. San Francisco Time loans snd com mercial discounts 4l5 per cent. Sight drafts par; telegraphic transfers, cents., Exchange on London, st New York, was slightly weaker, varying front v $4.754 4. 75 11-16. Har silver was much lower, ranging r from 6!6'f't2 rents; Mexlcun doilara were lower, ranging from 61 1,4 0 4814 cents. ' Rediscount rates on the federal re serve bank at San Francisco remained unchanged. The following are the rates at bhe given maturities: , Commercial paper, 1-10 day, 3 per cent; 11-80 days, 1 per cent; 81-60 days, 4 per cent; 61-90 luys, 4 per cent. : -i Agricultural and livestock paper, 91 days to six months maturity, 6 V per cent. - Trade acceptances, 1-10 days, 3 per cent; 31-60 days, 3 per cent; 61-90 " days, Z per cent. Commodity paper, 1-80 days, t per cent; 81-60 days, 4 per cent; 61-90 days, 4 per cent, 91 days-6 months, 6 per cent. , ' Bankers' acceptances, 2 to 4 per cent your ngeney. Under these conditions we assure you that our board l ready to lend Its hearty support to this movement. , Before becoming bind ing on our organization it would have to be eubmitted to a meeting of our members, as we have written you heretofore. You can, however, rest assured that at such meeting, if the conditions herein before mentioned are -complied with, our board will recom mend Joining your agency.' "We quote from the reply of the Fruit Growers Agency to tne above correspondence: , I "'We have read with great Interest both your letter and the proposed changes, and to say that we are pleased, Is not expressing our feelings at all adequately. We fully appreciate that the experience of the members of your organisation will be of great val ue to the Fruit Growers Agency, and for that reason particularly we are very glad, indeed, to have the sugges tions you make. The chances you make are not only acceptable Jo uL but ws feel that reveral of the changes you make are of great Important and win, 'as you say. make it easier lor ue to secure members. " "Both ourselves and tbe govern ment representative have gone over -your letter and the suggested changes, and we feel that you have been emi nently fair to the agency. We fully realize that you have an organisation to protect and you would be remiss in your duty if you did not do your ut most to protect the interests entrusted to you to tne oest or your ability. If the measures proposed by the Hood Hiver association are ratified and adopted by the Fruit Growers Agency, the matter will be Placed be fore the growers of the valley to be voted Mpon. If the growers vote to Join the, agency. 1,000.000 boxes of ap ples wni oe added to tne tonnage to be brought under the control of the gov trnment plan. New York Bugar and Coffee. New York. June 10. Sugar Centrif ugal, .22. Coffee New York spot No. 7 UlOS, c; No. 4 Santos, lose Overbeck & Cooke Co. , Stocks, Bonds Cotton, Grain, Etc DIRECT PRIVATE i WIRES TO ALL ;! EXCHANGES Members Chicago Board of Trade Correspondents of Logan A By ran , ' Chicago, New York. tlS-17 Beets of Trees Udimt'. .1