The Oregon daily journal. (Portland, Or.) 1902-1972, March 22, 1917, Page 18, Image 18

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    18
THE OREGON; DAILY JOURNAL, PORTLAND, THURSDAY.; MARCH 22, 1917.
BULK ELEVATOR BILL
UNANIMOUSLYPASSED
BY DOCK COMMISSION
ISSII
Amendment Drawn Up by the
' City Attorney to Be Sub--.;
mitted to People in June,
$3,CXX),000 PLAN ON WAY
Tart of KMnn toOooa Ballot OfTi
r dally Adopted peclai Session
. of Commlssloa Today.
. The commission .of ' public docks
unanimously approved the built grain
- elevator $3,000,000 bond issue amend
ment this morning as drafted by City
' Attorney W. P. La Roche. The measure-will
go on the June 4 municipal
ballot for the votes of Portland people
following .routine action submitting it
- by the city council.
The text of the amendment follows:
An act to amend the charter of the
City of Portland as revised. codificJ
and arranged by ordinance No. 29350 of
the city of Portland, passed by the
council August 19, 1914, by adding
" thereto a ntw section to be numbered
1 consecutively in the charter, authoriz-
lag; the issuance and sale or bonds in
an amount not exceeding three million
(13,000,000) dollars for the purpose or
acquiring a ite or sites for, and th
construction, equipment, inaintenanse
and operation of grain elevators, docks,
wharves, warehouses and all necessary
facilities for handling grain aid other
articles of commerce.
Be it enacted by the people of the
city of Portland.
; ., tiectkm 1. That the charter of the
cltv of Portland as revlee(t codllf led
'.' ana arranged by ordinance No. 29350
of the city of Portland, passed by the
council August 19, 1914, be and the
ame Is hereby amended by adding
. thereto a' new section to be numbered
consecutively in the charter, which
, new section shall read as follows:
Section . The commission of pub--
He docks of the city of Portland, Or.,
. Is hereby authorized, in the name and
tinder the corporate seal of the city
. - of Portland, to issue and dispose of
bonds of the city of Portland to an
amount not exceeding three million
. 3,000,000.00) dollars, of such denomi
. nation as the commission may deter-
mine and In such form as it may dl-
rect, with interest coupons attached
thereto. Said bonds shall be signed
. by the mayor and countersigned by
the auditor of paid city, and each of
''aid coupons shall have the signatures
- of the mayor and of the auditor of
ald city engraved thereon, whereby
the city of Portland shall be held and
considered In substance and effect to
. undertake and promise. In considera
tion of "the premises, to pay to the
. bearer of each of , said bonds, at the
maturity thereof, the sum named
, therein, in gold coin of the United
States of America, together with in
terest thereon in like coin at a rate
,; to be determined upon by said com
mission, but not to exceed 5 per cent
per annum, which Interest shall be
, payable half yearly as provided in
-said coupons. The commission may
. prescribe the length of time for which
nald bonds shall run. provided that the
.-.final date of payment of any bonds
issued under the authority hereby
granted shall not exceed thirty (30)
years from the date of such bonds, A
prescribed portion of said bonds shall
be redeemed each year, beginning with
the third year from th date thereof:
provided, that bonds, the par value of
' Which shall not exceed the sum of one
huadned fifty thousand (3150,000.00)
cellars, may be made payable In any
ope year, Said bonds may be lsaued in
fferres as the necessity for th eincn-
diture of money in the progress of th
worn nerein autnorized may arise
Said bonds shall be known m "Muntrl-
pal Grain Elevator Bonds of the City
of Portland." Said bonds shall be
jdvertised and sold to the highest re
r. sponsible bidder, but the commission
: may reject any and all bMs tendered
, mr live same ana proceed to readver
Use when bids are not satisfactory.
rhe treasurer of the ctty or Portland
; anall have the care and custodv of all
moneys received from the sale of said
vuuus ana anau pay out tne same on
! ".rrenn 01 tne cnairman of tne com
mission countersigned by Its secre-
Miss Freda M. Bishop
; Would: Serve Navy
Xa Xespoase to Call : Prom 'Secretary
Saalels Kiss Bishop olaateers to
Serve Bar Couatry as Wanted
Hiss Freda M. Bishop will be the
first girl on the Pacific coast to offer
her services to her country, as soon as
Lieutenant Commander . 11. Black
burn, In charge of the Portland re
cruiting office of the United States
navy, receives orders to enlist women.
This announcement was made after
Miss Bishop had made application, on
the strength of recent press dispatches,
to comply with Secretary of the Navy
Daniels' request.. Women stenograph,
ers, telephone operators and clerks are
wanted to supply the deficiency in men
qualified for such work
Other women have been quick" to
follow Miss Bishop's example. A num
ber of Portland telephone girls have
called at the recruiting olfice to offer
their seiviees.
Miss Bishop Is a bookkeeper and
lives with her aunt, Mrs. B. V. Hus
ton, 1 S3 Thirteenth street.
BUSINESS IS BETTER
WITHP.R.,L&P.CO.
DESPITE THE JITNEYS
resident Reports5 to Stock
holders 10 Per Cent Gain
for Three Months.
'T
I
RAD
E
BUREAU
FINDS
tary and not otherwise.
The proceeds from the sale of said
' nonds mav be exnendari hv th mm.
rnisslon, (i) for the payment of the ex
. penses. of the issuance and sal of said
ionds, (2) for the acquisition, if ncces-
Barys,of ,ajwl inside or outside of the
; rity limits for the purposes herein set
forth, either bv lha cHrrt m, ro
thereof or in pursuance of condemna
proceedings as provided by law,
IS) for the construction, equipment,
. maintenance and operation of all nec
essary buildings and structures, elo-
Bi':ries, conveyors, macninery
and equipment, warehouses, tracks
Mm 1 trarlr Arirm k...... i
. klips and all machinery and equipment
necessary for handling and storing
- fcraln and other nrtlcli ftf nmmast
if) for ; tho extension and addition of
.nm facilities herein authorized, (6) for
. coin all dredging and filling that may
be necessary for carrying out the fmr-
i ' '' mi, H.ua yoj iur me pay-
... inent Of interest on lha hnnria hMliv
authorize) for such length of time as
may be deemed advisable by the com
mission of public docks.
- Said bonds may contain such pro-
, vision for their redemption as the
-ommission may prescribe, subject to
. the provisions of this act. All money
- received by the commission on account
.- of said facilities shall be paid to the
... rity treasurer. Disbursements shall
lie made -by him on warrants of the
nhairman and secretary of the commis
sion in pursuance of authority of th
.. commission. For the purpose of car
1 .... rylng r the provisions of this section
i . Into effect the commission ahall have
I ' tower (1) to employ all such persons,
subject to the civil service provisions
of the charter, as may be necessary to
carry on the work. (2) to enter Into
, mit necessary contracts Tor such con
"rnouon ana other work. (S to fix
Snd regulate from time to time, and
from time to time alter all charges for
the use of the facilities hereby author
ized, ami (4) the powers heretofore
Conferred unon th A-nrir nmi..
'or the construction of docks may bo
c&crvuiea in carrying out tne
-fiiMiaiuus vi ims section,
i The commission hn
elude In its financial MHmii. trfy ,.
ensuing year an amount sufficient to
provide for the interest on all bond.
- Issued ' under . the authority . hereby
granted and to provide a fund for the
redemption of bonds maturing during
such ensulna- year. The rnniu-n e W
city o Portland shall, in addition to
all other taxes heretofore authorized
and at the same time other levies of
in ir,raai levy upon all the prop
- erfy in the city of Portland nnt Ti.mnt
from taxation a tax Sufficient to raise
tth amount named in said estimate to
cover interest charges and provide for
. theredemption of the bonds herebv
, authorised. In the event of the failure
of the cojincil to make such levy, the
amount of the estimate of the com
mission of public docks may be certl--,.
fied by It to the county official whose
dutv It is to levy taxes and a tax
suffllcent to cover such estimate shall
be levied and - collected In the same
manner mat ouier taxes are levied and
Anglers Rush for. Incenses.
Oregon City. Or., March 21. With
th salmon. season ' approaching and
state fishing license due to advance
m price on way zi, tne re is an un
usual rush to . the county: clerk's of
fice by local anglers. The ; passage
v. the- lastv legislature of the- QUI
( ill prohibiting- net; f Ishinr above
certain point, hook and line fishing
l ere is expected to be much better
c ad to run about, twlea as long.
GREAT THINGS PRESS
IN COMMERCE FIGHT
Annual . Meeting Develops
Anew 'Fact That Shipping
Is City's Greatest Heed.
0. M. CLARK IS REELECTED
Bpeoial Committee H11 Kelp Cam
paign for Bulk Grain Elevator and
Snip Subsidy Amendments.
The Portland Railway, Light &. Pow-
r company, in spite or war ana jn-
neys, Is feeling the betterment of busi
ness conditions. This fact, of par
ticular significance In view of the fact
that this corporation has been given
to dark prophecies In time past, was
brought out in the report of President
Franklin T. Giffith at the annual meet-
ng of stockholders Wednesday after
noon.
Passenger earnings of the company
in the last three months of 1916 showed
10 per cent increase over the same
erlod of the previous year, said Mr.
irlffith's report, and there is every
reason to believe that earnings win
continue to Increase.
Reasons given for this optimistic
outlook are the resumption of general
business activity, practical elimination
of the unemployment problem and the
teady increase In population which
began last fall.
an enormous Increase In the con
sumption of electric power has been
brought about by the growth of the
steel shipbuilding Industry in Portland
n the last year. This industry has
grown up entirely since the last annual
neetlng of stockholders. The Portland
Hallway, Light & Power company Is
supplying electric power to all three
hipyards in operation, and has signed
0-year contracts with two additional
ards. Mr. Griffith estimates that the
sales of electric power for ahlpbulld
ing purposes this year will amount to
4100,000.
general business conditions, said Mr.
Griffith, began to Improve in the fall
of 1915 and have continued to the pres
ent time. He reels, confident that a
genuine Revival Is in progress.
Portland Natural
Furniture Center
Mike Karpen of Karpen Bros., Chicago,
Biggest Upholsterers In America,
looks to Coast for Development.
"Portland is a natural furniture
manufacturing center, and It is only a
question of time until we shall have
to eetabllshe a plant on the coast," said
Mike Karpen of Karpen Bros., Chicago
furniture manufacturers, who started
east to his headquarters Thursday, aft
er several days In this city. The Karpens
are the largest manufacturers of up
holstered furniture In the United
States.
"The northwest," he said, "is manu
facturing 100 per cent more furniture
today than it did six years ago. In
point of production. One of the plants
m Portland is the third largest In the
country for the manufacture of bed
room and dining room furniture."
Mr. Karpen favors the J6.000.000
ipavlng bond Issue, and expressed the
belief that if the roads of Oregon are
Improved so that tourists can drive
Into the state at any time of the year,
the hotels of Portland will be found
inadequate. .
Smce Mr. Karpen left Chicago he has
received word of the sale for $3,500.
000 of the Karpen building, a Chicago
skyscraper or which he is one of the
owners. This was the largest realty
transaction in the history of Chicago.
Tne winding was purchased by the
Standard Oil company.
Recall Disturbances
Are Now Adjusted
Oregon City, Or.. March 22. The last
ol the , recall disturbances is nassed
vlth the reinstatement of Isom C.
Bridges in the council. The recall peti
tion against E. B. Andrews from the
Third ward was also put on the table
by the city council last nlrht.
J. j. to Din, manager of the Electric
hotel, was recommended to fill the
vacancy left by the ousting of Jack
Albright In the first ward.
The council refused an offer of tsons
by the Korth western Fire Apparatus
company ror tne city lot on Second and
Main streets where the present fire
house stands, and accepted an offer or
$1500 by the Hawley Pulp & Paper
company. Their reason for the action
was that they believed the fire appara
tus company was purchasing for an in
vestment and 'that the paper company
wa Duymg n xor a Duudlug site.
By a motion of Councilman rtnv r-.
Cox the fine Imposed upon Leslie WeUs
several days ago by Recorder Loder, on
a charge of drunkenness, was remitted.
Oregon City Would
Its Water
Oregon qity, March 22.- The water
board of Oregon City announced Wed
nesday that It would try .and Induce
some neighboring towns to incorporate
with this city for the purpose of being
able to give them service of the South
Fork water. An ordinance at present
prohibits the sharing with other towns
the city water and unless some such
incorporation can be effected there will
be no distribution of the system.
Gladstone and Jennings Lodge are In
cluded in the plana, but the aentiment
of the people in these sections shows
that their- Inclinations are to incor
porate with Portland and obtain Bull
Kun wat.er..
While the annual meeting of the
trade and commerce bureau of the
Chamber of Commerce Wednesday eve
ning, brought out.startllng facts con
cerning Portland's grave necessity to
unite in a fight for trade, the meet
ing Itself attracted less than 20 of the
bureau's S00 members.
O. M. Clark was reelected one of the
bureau's three representatives on the
chamber's board of directors. As he
accepted the election Mr. Clark re
marked that he has determined not to
consider reelection to the "presidency of
the chamber.' t
A special committee was authorized
to aid in securing the passage of the
bulk grain elevator $3,000,000 bond is
sue and the ship subsidy amendment,
measures of the June election.
Essential Fort Units.
These were named as essential units
of Portland's great port development
plan. The annual report showed that
the managing committee of the bureau
has performed arduous and difficult
service during the year, but without
adequate support from the bureau, the
chamber or the ; community. In dis
cussing the report, eome of the bureau
members confessed to an uncertainty
of mind as to Just what specific serv
ices their membership imposes on
them, for they have not been assigned
definite duties.
Compliments for efficient work were
particularly directed toward Nathan
Strauss, chairman of the bureau, and
W. D. B. Dodson, secretary of the bu
reau and executive secretary of the
chamber.
The report was an important docu
ment, for it dwelt upon Portland's
greatest need, ahipping, and it clearly
showed:
That Portland business interests
must now be loyal enough to Portland
to sink any differences they may have
and work organlzedly together.
Direct Transportation Factor.
That jobbers, manufacturers and
shippers must by plan control the com
munity's freight movement to the end
of using it to secure direct hlp trans
portation to the Atlantic coast, the
orient, as well as to demand greater
recognition by the railroads of Port
land as a terminal.
That to secure ships and .handle
tonnage port facilities must be per
sistently worked for until provided,
these Including the public bulk grain
elevator, coal bunkers, oil, ore and
ballast docks.
Other -necessities of the port plan
mentioned were equalization of all
dockage, towage, pilotage, storage and
labor charges With competitive ports,
and authority to the port commission
either to subsidize privately owned
boat lines or enter directly Into the
business of operating ships and steamboats.
"Portland Capital" Is Weed
Investment In vessels by Portland
capital was pleaded for as a means of
maintaining needed rates in the mar
keting of such a bulky commodity as
lumber, the port's chief export product.
The grain movement would be similar
ly aided and it was suggested that
while the big grain dealers , have not
yet learned to work together for com
munity interest, they must do so.
It was suggested that merchants,
Jobbers, manufacturers and shippers
could operate and pay the interest on
coast to coast boat transportation out
of savings incident to providing the
facilities, especially at this time when,
on account of war conditions, there Is
no such thing as normal boat and rail
movement of freight
Earnest approval was given the
plan to teach Portland school children
about shipping and trade.
"Start" Heeded, Says Severs.
A. H. Devers predicted that if an
experienced ship operating man or con
cern should come into Portland witn
$50,000 the business interests would
subscribe an additional $950,000.
The annual report which was pre
sented by Mr. Dodson detailed the mul
tiplied efforts, some of which still
have promise of success, to attract
steamship service and end discrimina
tion against this port on the part of
steamship lines and railroads.
One 'successful plece of work was
the location of a branch office of the
Alaska railroad commission purchas
ing division in Portland, and another
the location of an office of the federal
commerce bureau here.
Buyers' week. Inaugurated by the
bureau, has proven so successful that
It has received the sincerest form- of
tribute, Imitation by competitive cities.
Channel Work Approved.
At the Instance of the bureau's navi
gation committee, the port commission
approved the opening of the west chan
nel at Swan Island to deep sea naviga
tion. A naval base at the mouth of
the river and a, Coos bay steamship
line were the subjects of special ef
forts. Equipment to furnish Informa
tion about domestic or foreign market
conditions has been made complete.
The recommendations for the year's
work were as follows:
That one of the three main efforts
of the chamber for the cominar year
shall be for the establishment of ship
ping out or tnis port.
"That the city and state must be
shown the necessity of joining in the
ownersntp or aeen sea shinnins' In
tended to give relief to this territory.
Oriental Idas Is et-m
"For the mustering of all possible
sirengtn to estamisn an i oriental
steamsnip line. ousiness men must
nave tne support or the transcontinen
tat railways in a rair share of through
freight. Our people must do a bis
part In controlling the traffic within
reacn, potn inbound and out-
mission rulings and railway rate ad
justments. - - 'v.;'".?-? ..-'-i
' Cooperative Investment Heeded.
"Cooperative Investment necessary
to build up an adequate coast service.
"Devetdp ' the - industries that are
needed to give return - cargo for ves
sels winch will be offered for outbound
cargo. ' .- ;
"Make this a' seaport In every sense
of the word, keeping our people alive
to the vast advantages that come from
seaport conditions? ' and pressing the
educational work throughout this com
munity, until not an act may toe com
mitted by any interest Injurious to the
commerce of the port without calling
forth Immediately the sharpest public
resentment. . ' .
Dies in Hospital
From Brief Illness
Mrs. Snirley Miller, Resident of Boss,
burr. Wife of Fireman Oi 8. F,
Succumbs at Good Samaritan.
Mrs. Shirley Miller. 27 years old.
dded- Wednesday at the Good Samaritan
hospital, following a brief Illness. She
was the wife of R. H. Miller, a fire
man on the Southern Pacific, and re
sided at Roseburg. Mrs. Miller was
a native of Wisoonsfln and had livejl In
Oregon for eight years. She is sur
vived by her husband and her parents,
Mr. and Mrs. F. L. . Dillree, of 494
Umatilla street. Frank D. and Louis L
Dillree, brothers, and Miss Eugenia
Dillree, a sister. Funeral services will
be held at Dunning & McEntee's
chapel,' Friday, at 2 p. m. Interment
will be in Rose City cemetery.
MS IS TOO EASY- .
IN CRIMINAL CASES,
CLAIMS PROSECUTOR
McKechnie Is New
Manager of U. P.
Oregon City. March 22. F. W. Mc
Kechnie, a well known newspaper man
of Oregon City, during which time he
was connected with the Oregon City"
Enterprise two years as night editor,
has been appointed manager - of the
Portland office of the" United Press
association, entering upon his new du
ties today, with his headquarters In
The Journal building. As such mana
ger he will have charge of the asso
ciation's work in Oregon. ' Washington,
parts of British Columbia and Mon
tana. Mr. McKechnie Is a former resident
of Portland, where he attended the
Washington high school.
Mr. McKechnie succeeds Hugh L.
Baillie, who has been transferred to
the Chicago office.
HUSBAND IS COMPLAINANT
Restaurant Owner Makes Various
Charges In Divorce Snit.
That she attempted to stab a wait
ress with a carving knife and then
threatened him with the weapon are
two of the numerous allegations' made-
by William H. Young, manager of the
Criterion restaurant, 291 Stark street
against Cora B. Young, in a suit for
divorce filed in the circuit court today.
Mrs. Young, it is alleged, demanded
that the waitress be discharged. When
Young refused. Mrs. Young attacked
her and tnen him. he says.
The wife, it Is also alleged, bad
formed a narat or going to the cash
register and taking out. Instead of
ringing up.
Among the Instances of cruelty to
ward the plaintiff it Is alleged that the
defendant had tried to strike him with
an Indian dub, her shoes and other
handy articles.
The Youngs were married at Vln
cennes, IndL, In 1908. The plaintiff
seeks the custody of the six-year-old
son. Sterling Arthur Young.
Chief Deputy District , Attor
ney Collier Would Have
No More Cases Assigned
to'Gatens in Future.
PROTEST IS SUBMITTED
Court Too Willing to Grant Paroles,
It Is Charged; Judge Oatens" Hakes
Answer In Els Own Behalf.
TWO DESERTIONS ALLEGED
Actions for Divorce Are Com
menced in the Circuit Court.
Mabel Jeannette Barclay today filed
a divorce suit against George H. Bar
clay, alleging that the defendant aban
doned his home November 1, 1915. The
Barclays were married at Kalama,
Wash., November 10, 1914.
Desertion if also the ground for a
divorce sought by Bertha L. Clark
from James -F. Clark, who were mar
ried In Vancouver, June 3, 1913.
Allege Fraud in Transfer.
Annulment of a transfer of property
on the ground of alleged conspiracy to
defraud, is asked In a complaint filed
in the circuit court by Elizabeth A.
McAdams and Paul G. Gantenbeln
against Nathan Gage and Kd. DeYoung
The plaintiffs allege that they were In
duced to trade Curry county property
lor land in Yakima county, Wash., un
der the representation that the latter
was worth $125 an acre. It Is alleged
that the Washington property proved
to be rocky and unfertile and not worth
to exceed $1 per acre.
On the eve of the trial of Jim
Brusco. charged with murder, the dis
trict attorney's office, through Chief
Deputy Collier, has submitted a writ
ten protest to Presiding Judge Gan
tenbeln asking ' that no more crlm
lnal cases be assigned for trial to
department No. 5 of the circuit court,
of which William N. Gatens Is judge.
Deputy District Attorney Collier
bases his protest on grounds of un
willingness on the part of Judge
Gatens to impose penalties and
readiness and inclination to grant
paroles. Further assignment of crlm
inal cases before Judge Gatens is op
posed by the district attorney as be
ing contrary to public policy and
against the Interests of Justice.
Dissension, brewing for some time.
flared out during and following the
trial of F. W. Jobelman charged with
assaulting Hugh Park, a Korean. When
Jobelman was found guilty by a Jury
of assault with a dangerous weapon
and Immediately paroled by Judge Ga
tens. the chief deputy district attor
ney said that no more criminal cases
would be tried before Judge Gatens.
Seasons Are Enumerated.
The protest sent to. Presiding Judge
Gantenbeln, made under rule No. 7 of
the circuit court, gives as reasons for
not assigning criminal cases to depart
ment No. 5, the following:
"That the judge of said department
No. 5 is temperamentally hostile to
criminal prosecutions, and on frequent
occasions has publicly expressed him
self to that effect."
Charges further Include the alleged
"unwillingness of Jndge Gatens to lm
pose extreme penalties and his dispo
sition to grant paroles lndiscrimin
ately." It is also charged "that this
policy causes lawlessness and a waste
of public money In prosecutions."
t. Speaking of his action. Deputy Dis
trict Attorney collier said:
, Personal Motives Sealed.
"This is purely a matter of business
with nothing personal about it. We
have come to the conclusion that to try
cases before Judge Gatens Is a uslr-ts
expenditure of the county's money and
wasted time on our part. This protest
is not based solely on any one par
ticular case, but on his attitude to
wards the prosecution of criminal cases
covering a period of over four years."
That the protest was the direct out
come and result of the Jobelman case
was the conviction expressed by -Judge
Gatens.
The district attorney's office is
simply venting Its spleen," Judgw
Gatens said. "In answer to any protest
Mr. Collier may make I am perfectly
willing to let my record answer.
"The deputy distn.t attorney be
came enraged because he vi rot' per
mitted to follow his la f perseca
tlon In that case which Involved Jobel
man, the agitator if yon will, and Park,
the Korean.
"But I am not protecting home
wreckers. This Korean Is a ladles'
man' and boasts of his conquests
of American women. Jobelman is
no angel, but I have selected the
lesser of two evils. Jobelman
is the father of four children,
the youngest of whom Is 1V
years, who need his help while the
Korean, admittedly a criminal, the dis
trict attorney's office will not prose
cute him.
District Attorney Scored.
?Mr. Kvans stated something which
he knew was fa&se when he said it,
that I only sent one person to the pen.
ltentlary since I have been on the
bench. During July, August and Sep
tember and October, 1915, (I have not
tried any criminal cases since except
the Jobelman case), I sent so many
men to the penitentiary that I cannot
remember them all. Only today I re
ceived a letter from a man I sent to
the penitentiary asking that I recom
mend his parole.
"I cannot see Justice through the
eyes of Mr. Evan8 or Mr. Collier who
are blind to justice in their erWeavor
to Imitate such men as Whitman and
Jerome as prosecutors.
ar Movement
In Early Trading on
The New York Mart
Xew York. Marc t2.- (X. V. .) TUh
Coppei, UfkiBg appet. sold Aewa ,-t below
IIS ta the flaal trediag today, taovisg a loos
I aboat a potats. Wr-.Ue states Steal com.
man. after oolliag at liV,. tallied to UH.
Marino eommoa eoatUntoa stroag, holdia
aroeaa its hick prioo. o railway isiaos loot
moot of taoir gela ta ti last koar.
By Charles W. Storm.
Kew York. March 22. (I. N. 8.) Irreralar
Bwremonto oeenrrod In the stock market Oaring
tbo first few inmates todr. Catted Stateo
Steel common, which advanced point to
110, declined to 115X4 at the end of the flnt
IS minutes. The marine iaoaee moved la the
same manner. Marine common roae point
to 32. and then declined to 31. and th
preferred, which opened point higher t 91,
declined to W.
Utah copper displayed strenrta ta tne nrst
rew minute, aavaaclna- point to ll. vmta
which It dropped to 113. Anaconda declined
from 85 Vi points to S4T.
Industrial Alcohol roue point to lzett.
followed by a drop to 123H point.
Ta railway issoes also moTed in tne same
way. Union Pacific declining 1H points to
13ST4. and Beading, after opening 1 point
nlrher at OK. declined to Dott points.
A steadier tone manifested itself in the late
forenoon, with many rallies la progress. Cop
per issaes were prominent, with Keitaeeott
advancing from 45 points to 47. Utah,
after declining from 1144 to 118 points, rose
to 114. and Anaconda, after selling down to
64, rose to 65 points. There waa a long
list of heavy sellers of - Steel common, one
boose supplying 10.000 shares, and two others
having selling orders tor ouuo shares each.
IDs marine Issues Bartered moderate losses.
The railway equipment Issues were Irregular,
Money loaning at 2 per cent.
In the late afternoon a majority of the Us
snowed a receding teniMncy. Marine com
mon wts exceptionlllr Krone, advancing to
84 V, . Steel common continued In supply and
declined to lie. American liOComoiMe. artrr
advancing to 74. dropped to 72-X. and then
raltted to 13. .
Ranee of New York nrlcea furnished bv
Overbed; 4c Cooke Co., 216-217 Board of Trade
pouq ing:
DAIRY PRODUCE ON THE COAST
J"' : ' Seattle Xerfcet. '" '
Seattle March. 22. U. P. V Bettse If stive
Washington txeamerr. cube. SSc: native Wash
Ingtoa creamery brick. 3e; freak California
cubes. Sir; oo dc lea. arc
Eggs Select rancb. ZSe.
Cueesa Oregon triplet. 25c: WTscooam trie-
lets. S&e: do twins. 23c; Young America, 20
- Baa rrajacuoe a&arsei.
Baa Francisco. MarcJt 22. lU. P.) Better
Bitraa, 3A4e; prime firsts. S5e.
gg Bxtras. 27c: eitras. firsts. 2ftr; ex
tra pullets. 2Sc; ' eitra first gullets, 23c.
Chccss California. 21c: firsts. 20c; Oregon
triplets, fancy. 24e.
lm ABgeics jaaraai.
Lcm Angeles. March 23. r. N. 8.) Bat
ter. S3c.
Egge, 27c - - -
POTATOES ALONG THE COAST
DESCRIPTION.
Open High I Low Clone
8
28
82
43
Alaska Gold
Allis-Cbalmers, C...
do ofd
Americas Beet Sugar.
American can. c. ...
do pta...
American Oar Fdy.. e..f OS
American Cotton Oil. c
American Unseed, e. . .
do ntd
American loco., c 73")
Americas 8melter c.... lOOy
do nfd. . .7
American Sogar, e....
American Tel. A Tel. .
American Wolen, c. ...
Anaconda) Mining Oo. . .
Atchison, c
do Dfd.
Baldwin Loco., c
do Did
Baltimore ft Ohio, c . .
Bethlehem Steel, c
do prq
Brooklyn R. Transit. -
Butte A Snperlor
Calif. Petroleum, c...
do nfd
Canadian Pacific
Ckotral ueather, e...
do pfd
Chesapeake Ohio. .
Chicago A Gt. W.. e..
do pfd
Chicago, XL tc St. P...
Chicago N. W-. C.
Cblno Copper
Colorado V. A I., a,.
Cons. Gas
Corn Products, c
do pfd
Crucible Steel, e......
D. A R. G.. pfd.......
Distillers
11 Ct C a a
do 1st pfd
General , KVectrlc
Goodrich Bobber
Gt. North.. Ore Lands.
Gt. North., pfd
Greene-Can- .........
Hide Leather, c
do pfd
lee Secnrltlea. j. ....
Illinois Central
Industrial Alcohol ...
Inspiration
Interboro. e
Kenaecott Copper . . .
Kan. City So., c .....
Kelly Springfield
Lackawanna Steel ...
Lehigh Valley
Louisville at NishTllle
Maxwell Motors, c ..
Mexican Petroleum...
Miami Copper
Mldvale Steel
Missouri Pa cine ctfa.
National Lead
Nevada Cons.
New Haven
New York Air Brake..
New York Central
N. Y.. Out. a Western.
Nor. a Western, c.-..
Northern Pacbtle
Pacific Mall
Peon. Railway .......
Peoples Gas
Pittsburg Coal, e
do pfd
Pressed Steel Car. c.
Ray Cons Copper ....
Railway Steel Springs.
Reading, e
do 1st pfd
do 2d pfd -
Rep. Iron tc Steel, c.
do pfd
Sear. Roebuck tc Co. .
Shatruck
Student ker. c
Sloes Sheffield
Southern Psclfie
Southern Ballwsy, e . .
Tennessee Copper
Texss Oil
Texss Pacific ........
Texss Psciflc
U. S. Rubber, e
U. S. RteeL
t'tata Copper
Virginia Chemical, c.
W. U. Tel
Weatlngbouse Blectrln.
Willys Overland
Wool worth
29'
09
44
20
53
74
106
1
47
67
111 112 111
127iLr7 V127''127it
CI 61 W :
104 10 1103 103
09 09 TO
67 68 56
77
141
67
47
"54'
163
ft
67
46
53
ion
3
103
126
6Z
47
23
62
87
0tl 70
63
VIZ
1198
28
H1B
72
t5
2b
J
2?9
1
16
eu
116
Ut
42
W7
63
54
63
04
1
12
OO
24
43
151
97
45!
22
61
85 I
C9
56
61
41
12
&S
24
44
ISO
96
LfTl2
H6;i04
2B Mi
64
Seattle Market.
Seattle. March 22. (U. P. ) Onions Oregon,
aiflr: Yakima. 8c.
t'otatoes 1 akima uerns, atjofjiu per ion;
seed. $85; locale. ff)Mi65.
Los Aa rls Market.
Los Anceles. March 22. (P. N. 8.1 Potstoes
Northern. $4.25; local. $4.00; Oregon Bur
banks, $4.00; Idaho Russets. 14.25; Seed po
tatoes. White mae. $4-00: new, 8c pound;
sweet potatoes, 7c pound.
Saa Francisoo Market.
Pan rmncUcn. Mach 22. (U. P.) Potatoes
Pee cents U Urlta. $3.003.25: Oregon Bur
banks. $3.00(23.30; Tulow kf' spuds bring
$2.753.0O.
otuona Brown, s, wtb.m per sack, ex-lce-
house; Australian, $S.0O per crate.
San Francisco Grain Market.
Saa Francisco, March 22. Barley calls:
March 22. March 21.
Open. Ckwe. Cloae.
December 101 161 118P
Barley safes. 1100 tons Lecember.
Spot QnotsUons Wheet Walla Walla.
f2.72H4i2.75; Red Hueaisn, $2tt&: Turkey
red $3.Q7t3.M: biueMem. $3.t(7Q3.10.
Fred BmrK-y, 2-ii rH.
MlUatuffa White uaU. $2.07Ct2.10: bran.
$31.0O&$32.OO: midtUlngs, $13.00Q 44.00;
shorts. $35.50336.60.
Ten Licenses Issued.
Vancouver, Wash.. March Ten
marrlagre licenses were leaned Wednes
day to the following: Philip S. Adams.
25, and Mrs. Lura Klein. 24, of Portland;
Edward L Williamson, 62. and Mrs.
Bdna I a. WIsner, 61, of Portland; James
M. Trobert, 84, of Portland, and OladyS
Drew Mack. 24, of Astoria, Or.; On en F.
McLeod, 22, and Laura Simons, 17. of
Gaston, Or.; Wilfred Arthur Cue, legal,
and Mrs. Eleanor Blanche Strickland,
legal, both of Portland; Charlie Mulloy.
S3, and Mrs. Ethel Smith, 30, of Port
land; Homer Milton Smith, 21, and
Miss Ethel May Thompson. 19, of Port
land; Walter E. Brown, 35, and Edna
M. Sumner, 25. of Portland; Ancel
Good. 24, and Mary Kinxerbach, 25. of
Astoria, Or.; William McMillan, legal,
and Mrs. Verna Cowan, legal, of Portland.
Canadian LbatflsSv I
-Proving Popnlai
The Lumbermens Trust company has
Just received a telegram from eastern
correspondents relative to the subscript
tlona for the new Canadian loan, In
dicating that It has been already, over :
subscribed. The telegram says:
Confidentially we learn from offi
cial sources Canadian government loan
subscription very largely exceed in
number and amount all previous rec
ords. We are satisfied the loan al
ready la oversubscribed and heavy
oversubscription is quit probable. In-
vestors who are in close touch with
the situation are now basing their sub
scriptions on allotments being cut from
30 to 60 per cent."
The subscription books for the Can.
adian loan close Friday.
SELLING PRESSURE FORCES A
LOWER PRICE FOR COTTON
New York. March 22. (I. Jf. 1.) The eot
ton market opened ateady today. March de
clined 1.1 point, while other optloaa advanced -2
to points. Msy started at 1875. a dernne
of 11 points, bnt quickly roae to 1SB2. Bpo
bouses were buyer of tbe old crop, while the
new positions were purchased by Liverpool. '
There was some demsnd from Wall street,
sonthern Interests. New tnMesns and some eon
mlsalon bouae sold. After the call, pressure :
developed, and by tbe end of the first IO min
utes declines of from 6 to points from the
initial levels were recorded In the active
months.
Losses of from 9 to 19 points were recorded
at Liverpool.
Range of New York cotton prices furnished
by Orei-beck A Couke Co.. 216-217 Board of
Trade Duiiding:
Open.
Jsnuary IKt.'i
March im
April . .-.
Msy 1S75
Jane
July iswo
August IMift
Nepleinber JMI6
October ....... 1833
November
December 1840
High.
l43
101U
iw5
iw
116
1S35
Low.
1H1S
15
iaSe
iaii
iwvi
1814
102
1S41 , 181
11$
1HHO
li
INMt
1M
IMS
IMS :
1H
I
1811
New York Metal Market.
New York. March 22. (I. N. . Ls4
Quiet. Spot offered at ; April. Bc; May,
e.
Tin Strong. Spot 65.5c.
Copper Utrong Spot. 37X37c; April. 3B
3c: Mar. 34c; June. 34c; July. 82c;
August. 32c; September. 31 c.
8pelter Quotations unavailable. '
American Wheat 'Options.
May. Jury
Ontnth ..
Winnipeg
Minneapolis
,.$t.WI
.. I.M
i.wn
8t. Louis 16
$1.80
l.2
1W
1.54
l
20
64
97
83 85 I 83
1M
103
73
2
16
229
m
60
116
114
42
97
63
W
19.1
2
101
71
93
28
lfl
229
16
I 16
b
115
97
61
32
28
102
Total sales for tiay W5.500 shares.
Underwriting
Sy mdicates
We ace members of practically all the' more
important American Banking Syndicates which
have recently been handling FOREIGN and
INTERNATIONAL LOANS.
We are in a position, accordingly, to furnish
this class of securities upon very advantageous
terms, and invite subscriptions or inquiries from
those interested.
Morris Brothers Inc.
Railway Exchange Building
their
bound.
-Concentration town the estabJUh
ment of an Alaska Una.
Furniahlnar all; faculties. adh as
the bulk handling; jlanV coal bunker
ing and adequate modern wharves for
the handling; of water-borne traffic at
wo lowest possiDie coat. .
-urganise tnorouerhly to furnish
traffic required to make a port of call
for European lines operating; through
the Panama canal. - , ; . - - -:,, .
"Work as a unit In the, mt.mi.v
ment of an effective tntercoast aervi
no uiraugu iu ranarna canal to re
lieve tbe distress situation that Is de
Teloplns.by Interstate Commerce com.
New Loans
Foreign
Government
fggmir, . Short-Term Secured Loans "
Offer Safety and Extraordinary Interest Yield
The recent proclamation of the Federal Reserve Board encouraj-'.'v.-;t'.
ing banks to Invest a substantial part of their funds In foreign
obligations has extended the already broad market for these
loans, insuring quick convertibility. - x
We participate in the Syndicates underwriting all foreign loans
that, in o4r judgment, axe desirable for our clientele.
We offer investors the benefit of oar experience. "
-- . - .-" - '- - -. ' ' ' t - '
Lumbermens Trust Company
Fifth
Stark
We offer at prevailing: market prices the following
Foreign Government
Loans
-.-----
British 1-Ycar Convertible 5s, due Feb. 1, 1918
British 2-Year 5s, due September 1, 1918
British 2-Year Convertible 5s, due Feb. 1, 1919
British 3-Year 54 s, due November 1, 1919
British 5-Year 5s, due November 1, 1921
Anglo-French Convertible 5s, due October 15, 1920
American Foreign Sec Co. (French) 5s, due Aug. 1,
-1919
Italian Govt. Convertible 6s, due Oct. 15, 1917 .
Russian Govt. External 5s, due Dec. 1, 1921 ;
Russian Govt. Internal 5s, due Feb. 14, 1926
Canadian Government 5s, due April 1, 1921
Canadian Government 5s, due April 1, 1926
Canadian Government 5s, due April 1, 1931
Canadian Government 5s, due March 1, 1937
New loan for subscription. Books close Friday,
Hall & Company
Lewis Building