THE OREGON IJAlLYS jOURNAU' :PORti,AMlr'' TUESDAY, i jUl,Y :ai,;191T.
15
as
J"
a
ft
V
BETTER OUTLOOK SHOWN
E
OF POTATOES SHOWN
Unusually Late Demand Indicated
for Old Crop Seed Local Pro
ducers Asking More Than Sell
ing Price for Spuds at Moment.
Either extensive planting f potatoes I
lata abown In the Portland territory; the
demand f"r old crop stuck for weed being un
usually liberal at this t!aie with offerings
rant and hard to obtain.
There U a very auiall increase la offerings
.,'ef new crop local potatoes but the price
asked by producers are far out of line wtlb
what other markets along- tbe coast are aak-
tag.
r yew growers are willing to oflr new po
ktatoes at tbla time under $3 Tt. per
cental for avoruule site but the hlfc-licr price
.1 la all the wholesale trade la asking of retail
era. Kale ran be made at on Califor
.Bla stock and the aellera are obtaining ade
i 'quate profit besides paying the heavy
' freight charge and counting the loss by
Strinkage lu transit.
Fatrn ' rpgon stock ia expected to reach
the local trade before long liecaiMMi of the ex
cellent prices. Walla Walla U already of
fering to tbe eoajit but so far as known no
sales bare as yet been niade.
i SUGAR UIGHElt IN THE EAST
Further advance of 25c per hundred pound
.was again (jtltoted for all grades of refined
sugar In tbe east witu some or me raciories
entirely out of tbe market. Coast situation
very firm.
EOT
PLANTING
N PORTLAND SECTION
'-CHICKEN MARKET IS LOWER
V, Reduction in the price of chicken along the
f 'wbolcwialo way baa again been forced by rea
J&eno of the too liberal offerings and the lac
A T " .Ha,.,.,.,. .Inn, u ml fVltintfT itt fchmijllllf UU-
, V, RUItJIiai. M, ' - - ,
'. usually liberally.
EGG TRADE HOLDS STEADY
Trad In the egg market la Imh.lnt: steady
.long the atreet with no change In quota
tions for aeTeral days. lt-elpta are only
fair and tbe quality la not any tuo good.
Oold storage withdrawals are heavier.
PEACH MOVEMENT IS GOOD
Bather favorable movement of early peaches
from Tbe Dalles section to (he locnl market
ci'ls shown. Demand U quite good and the
tlbulk of the beat quality U being sold around
f00 a box here.
i NEWPORT HALIBUT COMING
, Quite fair arrivals oT halibut are eornliiK
-fVr forward from Newport and this la relieving
W. the shortage here although offerings on the
.C. sound are small and high prices there are
yj"' keeping rabies up along tbe coaat.
C-x BRIEF NOTES OF THE TRAD 12
Corn etarch prices advancing rapidly agnln.
BeTry market Mere slower around former
prices.
Butter and chceoe situation aloiit steady.
Crabs from Ilrltlsh Columbia are arriving.
Salmon run in the Columbia is better.
SHIPPERS' WEATHER NOTICE
Weather bureau adrlaes: Protect shipments
during tbe iiext 3(1 hours against the follow
ing maximum temperatures; going north. 70
degrees; northeast over Spokane, Portland
Seattle rallWM.v, ( degrees; east to Maker,
ff) d'recs, ind aoiirh to Ashland. Po dejrree.
IDixlmum 'temperature at Portland tomorrow
k' about 7 degrees.
JOBBING I'RICES IN PORTLAND
. These prlcea are thoe at whjch wholesalers
ell to retallera. excent na otherwise stated:
Dairy Products
BUTTu creamery, pr-uts In parnfflne
wrappers, extra. 4.ic; prime fLrats. 40V;
firsts, SOVic; cubes, lc less; cartons, lc al
rsnce.
BUTTEREAT Portland delivery. No. 1
cream, 42c.
tHK&Sli Relllng price: Kresh Oregon fancy
full cream triplets, 2.'Uf24c; Young America.
24)25c. Price to jobbers, flats, 22c; Young
America, 23c, f. o. b ; creatu bib k. 2Vcj2Uc;
Llmburgert 31a-'!2c; block Swiss. 34H33c.
EOGS Selling price: Case count, 35!&35V)0
per dosen; buying price, 34c per dozen; sell
ing price, candied. 38c.
LIVE POl'LTRY Hens, heavy Plymouth
Rocks, 15 Mitt 10c lb.; ordinary chickens, 1 4 vi
16C lb.; stags, 12c per lb.; broilers, lS(j20c
Tper lb.: turkeys, 2t)U21c per lb.; dressed,
fancy, 254i20c per lb.; culls, 20ft24e; squshs,
young, 18(b20c lb.; Indian Runners, old duck,
young, 2c pr 1".; Indian Hunners. old ducks,
14c per lb.; pigeons. 11.23 per dosen.
Fresh Fruits and Vegetables
TRESII KRUITS oranges, $3.73-3.8 box;
bananas, Oc per lb.; lemons. j.."j'a8.(A;
California grapefruit. $3.ooa3.50; I'birlda.
$o.6O(U7.00; cantaloupes, ataudard. $3.00tit3.5O;
flats. $1.10dvl-3o; watermelons, 2',iU-Mi-' lb.;
cherries, btiidc lb.; apricots, $I.0Ho.l.rs crate;
peaches, 80ca$1.0U; plums, $1.30'tll.5O.
BERRIES Strawberries: Local, $2.00:
blackberries, $!.2f crate; loganberries, $1.50(3
"1.06: goosebenles, 6aSc ir lb.; currauts,
91.SoQl.S0 crate; raspberries, J1.50til 05.
APPLbS Local, ti.OJdi.2.5, according to
quality.
ONIONS Wslla WslU. $l.lotaiJo; Cali
fornia, 11.50.
POTATOES Selling price, table stock, local,
$3. 2fl. Buying prW, ordinary snipping, $2.7 J,
sweet potato 7 disc pe lb.
VEGETABLES Turnips, $1.85 per sack;
carrot. $1.86 aack; beets, $1.85 sack; par
snips, $1.86 sack; cer'e, local, lViMle lb.;
reea onions, I've doa Lunches; wppers, 12 '-,c
. head lettuce. 3fc per dosen; celery, 90c
per dosen; artichokes, 90c3ct 1-10; cucumbers,
BOcQll.OO per dosen; tomatoes, California,
91.26iiL50; Oregon, $1.75(a'i.OO per box; egg
plant, 12c per lb.; string ueuns, ((7c per lb.;
rnuoarD, m&ac per iu. , itm, vc i-r lu., cau
liflower, local. C ) per dosen.
Heats, Fish and Provision
DRES8NU MEATS Selling price, country
killed best holts. ltt oer lb.: ordinary.
18c uer lb.: best veala. 15c per lb.; ordinary
eals, l4Hc lr lb.; heavy. llH12c; goat,
(Joe lb.; lambs, 16M17o per lb.; muitou,
i2(ttl5c; beef, c per lb.
SMOKED MEATS Hams, 2o328c per lb.;
breakraat bacon. 2032lc; picnic, 22c; cot
.tage roll, 2rc; short clears. 24cQ27c; Oregon
'exports, imoked, 27r per lb.
LARD Kettle rendered tierces, 23c per lb.;
stands rd, 22Vc; lard compound, 18c.
OYSTERS Olyiupla gallon. a3.50; canned,
eastern, 5dc )er can, 1S.50 per doaeu; eastern,
la shell, $1.S0 per I'M; eastern oysters, per
gallon, solid park. $2.75.
kTSH Dressed rounders, 7c; Chinook Sai
nton, 15c; perch. 8c; soles. 8c; salmon trout,
16c pet lb.; halibut. 124jl'c per lb.; black cod.
8c; herring, 6c; rarr clatne, ( ) per dozen;
hard shell, 4o per lb.; 12.75 per box.
Groceries
6TJOAR Cm. $9.80; powdered. $0.56; fmit
or berry. 98.96; Honolulu, 9S.gb; beet, 9S.fO;
dry granulated. $S.90; D yellow. 9S 2T..
HoNKY New. 13.004o.2& uer case.
BICE Japan style. No. 1. 7 he; New Or
leans head. 9c: blue rose, 8Wc.
SALT Coarse, half ground. 100s, $14.00 per
ton; 60s, 914. SO; table uairy, nays, fis.isj; 100,
17.50; bales, $2.35; fancy table aud dairy,
124.00; lump rock, 920.00 per ton
C,.-U Bm.I1 .;, IT.- l.'.n. V. I .
16V(C: pink, 14c; llmaa, 17HC; bayous, ISiic;
red, ic.
Hops, Wool and Hides
BOPS Nominal; buying price, 1910 crep,
4t4j5c per lb.; contracts, 10c.
WOOLWlllanaette valley coarse Ootawold,
65a6rte lb.; medium Sbrupshlre, 70 Hi 72c; fine,
640167c; Eastern Oregon, 523ttlc.
HIDES Salted bides. 25 lbs. and np, 20e,
salted ataas. 00 lbs. and up, 13c; rreen ami
salted kip, 15 lbs., 22c; green and salted calf
skins Up to 15 lbs.. 32c; green bldea, 2S lba.
and np, 18c; green stags, 50 lbs. and up.
UViC- dry hides. 35c: salt hides, 28c; dry
bars bides. 91.002.5O; salt horse hides. $3.00
Sugar Market Is
Up 25v Gents Here
All grades of refined sugar 4t
were advanced nufe 25c per 1p
Ht hundred pounds during- the day jjt
in answer to a similar atern jfc
rise. This is aa advance of 1O0 jt
-within 48 hours.
r-
SHARP RISE IN BIDS
FOR WHEAT WITH
EFFORTS TO DISPOSE
As High as $2.20 Basis Paid for
Uluestem, but Farmers Are hold
ing Hack Coarse Grain Markets
Are Generally Firm and Higher.
HAT PKICES BEKSATIONAL
Sharply higher prices for hay hare been
forced in the local market as s result of the
tight holding by farmers, aeoordlng to Harry
Epurlock of Everding ft . Farrell. Values at
this time are higher than at the highest point
a year ago; in tact, are the highest on record.
NORTHWEST (i RAIN RECEIPTS
-Care-
Wheat. Barley. Kir. Oats. Hay.
Portland, Tues.
Year ajfo
Sfaaon to date. .
Year fitfo
Tacvma. Mom...
Year ago
Season to date. .
Year ago
Seattle, Mjn...
Year ago.
Season to date. .
Year rso
3
2
9
1
8
07
25 I
3
M)
73
343
'36
(W
;uS
3
m
100
1
2
15
17
1
18
W
116
11
08
120
8
5
40
74
88
39
234
9
17
i
1
7
'i
11
its
441
180 ,
4
4
185
Sharply higher prices are being bid, but there
Is a general lack of offering of wheat by pro
ducers at Pacific Northwest points. A small
amount of trade In bluetttem has been closed In
tbe Interior, which raeana 92.192.20 per
bUKbel tidewater track basis. This price la be
ing offered wbenerer dealers feel that they can
secure supplies, but In general farmers do not
want to sell.
Demand for barley Is shown from the east,
and some recent salea bare been made In tbat
direction. Purchases of new crop barley from
producers sre shown around $44 a too, but
little available for the market.
Oats market Is alao Inclined to show greater
strength. A email amount of old crop oats baa
recently been purchased, with buyers bidding
as high as 48 a ton, Portland track delivery.
Efforts to contract the new crop have failed.
I-lour market U showing a stagnant tone,
nlth prices unchanged and little Indication of
any lowering for new crop offering wltblu tbe
immediate tuture.
WHEAT New crop, nominal. Bluestem,
2.2o; fortyfuld. J2.10; club, 12.13, tidewater
trai k bals.
OATH -No. 1 feed, $48.00 per ton. tidewater
track delivery.
KI.OLTt Selling price: Patent. $11.40: Wil
lamette alley. 10.i"o; local straight. 110.0064
ll.oo; bakers' local, $10.tlKq11.0o; Montana
spring, f i2.20ig 12.44J; exports, S.70; whole
wheat. ill.tiO; graham, $11.40; rye flour,
$1 1.75 per barrel.
BARLKY No. 1 feed, $44.00 per ton.
HAY Buying price, new crop. Willamette
timothy, fancy, 21.uO per ton; Eastern Oregon
Washington fancy timothy, ( ); alfalfa,
$23.OO((i24.0O; valley vetch. $18.0018.50;
cheat, $13.O0& IS. 50; clover, $17.50.
UKAl.N SACKS Nominal. No. 1 Calcutta,
13 V a in car lota; less amounts higher.
MIUS'i UKKS - Selling price: Bran, 33.50;
shorts, f:'.8 in; middlings, $-13 50 per ton.
ltuIXKD OATS Per ton. S54.0O.
ROLLED BARLEY Per ton, $51 .00352.00.
CORN Whole. $72.00; cracked, $i3.oo p
per
ton.
Klickitat Crop of
Wheat Is Better
Than a Year Ago
W. C. Wilkes, assistant freight and passen- !
ger agent of the Spokane, Portland & Seattle
Railway company, gives the following crop in
formation received from J. T. Hardy, traveling
freight snd passenger agent of the S., P. A S.
and Oregon Trunk railways:
Bend "In looking into crop conditions this
week along the 8.. P. St. S. and In Central Ore
gon I find that crops as I have reported dally are
going to be pretty ahoTt In the Central Oregon
country, but we will make up for It along the
S-, P. & S. and the Goldendale branch.
"The crops In Centervllle and Goldendale dis
tricts are fine, and will be about 80 per cent
better than lost year, with a quarter more
acreage. in the Blckleton and Blue Light
district the crops will be about as good as they
were last year, with quite an Increase In acre
age. Around Maupln the crop la good, and
will 1 almost as good as last year. The re
mainder of Central Oregon, If growers get five
or six bushels to the acre they will do well.
Madras "Temperature dropped to 82 above
Saturday night, with a light frost that nipped
some of the potatoes here and there In this ter
ritory, but no damage of material Importance
reported. Nights are now very cool, and the
daye are very warm. Cutting Is now starting,
and should be able before long to arrive at an
estimate of average yield."
W. G. Paine, assistant general freight and
poesenger agent of the S.. P. & S. railway,
Spokane. Wash. "Clear, calm and warmer this
morning. Scattered reports of harvesting oper
ations not so disappointing as expected. Some
fields yielding normal average, but iprtnr (Train
not worth cutting In many Instances. More or
less damage to gardens by frost Sunday.
Orenco, Or. "Weather clear, light north went
wina cool, arougnt run continues; do not ex
pect much grain harvested from late crops sown
this spring. Considerable fsll sown crops are
being cut now. Wheat la estimated to yield 30
bushels per acre.
Forest Grove "No ram. but cooler weafter
the past week has Improved crops to some ex
tent by cuecauig the burning sun. Tempera
tures 78."
New York Bond Market
Range of New York bond quotations as fur
n!siied by Overbeck it Cooke Co.. 216-217 Board
of Trade building:
Bid. Ask.
S8 88 U,
84 m
9H 97 Vb
831, s:iy,
95 9M
93
SOU 90
87 8h
90H 91
81 91
104 108
864 87U
98 OSH
81 81&
ioi -lois,
04 94Vi
87 1 88
Atchison Getnl. 4a
Bal. & Ohio Gold 4s ....
Beth. Steel Ref. 6s
Cent. Pacific 1st 4s ....
C. B. & O. Col. 4s
St. Paul GenL 4H
Chicago N. W. GenL 4
L. fc N. Unl. 4s
Northern Pae. P. L. 4a .
Reeding Genl. 4a
Union Pac. lat 4s
U. S. Steel 5S
Lnioo Pac. lat Ref. 5s .
Southern Pac. Conr. 5s .
Southern Pac. (Jjui, 4s .
Penna. Conv. 4M
Perm. 1st 4V4
Ches. & Ohio Conv. 6s ..
Sheep for Eugene
Engene, Or., July 31. Dr. M. M. Bull of
Richland, Baker county, and W. L. Klncald of
Eugene yesterday shipped three carloads of
sheep, over S50 head, from Oakland, Or., to
Eugene, and will pasture them en land owned
by Mr. Klncaid's father, H. R. Klncald. on the
bills tiear tbe city. They have bought a large
number of sheep around Eugene. Dr. Bun
who is a former Eugene denttat. Is engaged In
tu sueep Business at tucniand.
American Wheat Options
iraium sz.uwft ..;.
Winnipeg $2.X3
Minneapolis 2.84 2.19
Kansas City 2 70 2.2S
St. Louis 2.68 H 2.22B
October.
36.X; horse hair, 30c; dry long wool pelts.
Ji2g36c; dry short wool pelts, 25c; dry sheep
shearings, eacb, 10 & 25c; salted sheep shear
ings, each, 25 50c; salted long wool pelts
each. 9l.S064.00; salted short wool pelts,
each. 50cgfl.00. '
TALLOW No. 1. lie; No. 2, 8e; grecsae
46c per lb.
CHITTTM OR CASCARA BARK Buying
price, per car lots, 61870 per lb.
MOUAIft 191T. 60cS61c.
Rope, Paints, Oils
ROPE Sisal, dark, 22c; white, 22 Vie oer
lb.; standard Manila, Sue.
LINSEED Oil Raw, bbls., 91.32 per gal
lon; kettle boiled, bbto.. 9134; raw. cases,
$1.39; boiled, eases, $1.41 per gallon; lots of
290 (allous.
COAL OIL Wltcr white, la dremi and Iron
barrels, 10c per gallon.
WHITE LEAD Ton lota, 144 per lb.; 500
lba., 140 per lb.
TURPENTLnb Tanks, 2c; cases, 69c;
10 ease lota, lc leas.
GASOLINE Basis price. 20t per gallon
distillate, lOVie per gallon. '
NORTHWEST
APPLE CROP OUTLOOK
Indications Are Somewhat Better
Than Few Weeks Ago Esti
mates Closer to a Year Ago
Market Outlook Is Also Better.
Latest advices from the leading apple pro
ducing sections of the Pacific Northwest Indi
cate improved condition of the crop. Latest
estimates of the probable production are some
what higher than those made a few weeks ago.
At tbe present time it la figured that the total
output of Oregon. Idaho and Washington will
fall but little if any abort of a year ago.
Late dropping of apples baa been somewhat
less than normal, and this baa made up mostly
for the heavy louses earlier in tbe season.
United States Consul General Evan E. Young
reports from Halifax that present indications
point to a large yield of apples throughout the
fruit belt In Nova Scotia. Extlmatea Indicate
an Increase of approximately 50 ptr cent in the
yield as compared with last year'a crop. loiter
estimates, however, may be slightly leas favor
able. Tbe outlook for the apple market Is 'also
somewhat better. Recent attitude of the allied
nations, changing their previous detertuinaUiaP
not to allow exports of canned salmon, fc
taken to mean that within tbe near future that
some modification will be made regarding the
shipment of apples from tbla country to Eu
rope. Tills ia seemingly all the trade Is wait
ing for to establish a good steady market.
Valley Fruit Crops
Look Good; Potatoes
In Need of Rain
H. A. ninshaw. general freight scent of the
Southern Pacific railroad, hae Issued the fol
lowing crop report:
Toledo Small grains and hay being havested
and yield about 25 per cent below normal. Po
tatoes and other crop a in good condition, and
yield will be ubout normal.
Albany Hay crop harvested and yield nor
mal. Fall wheat and oats, yield normal and
harvesting will begin In a few days. Spring
aowlns; will be 50 per cent short of normal, due
to lack of moisture.
Potatoes continue making fair progress, but
unless rain cornea within the next lo days or
two weeks the yield will be 1cIow normal.
However, Increased acreage will offset the lose
In yield aa compared with last year.
Salem Kail grain about 11 normal crop. Lo
gan berries are needing rain badly, and unless
same Is received soon crop will be about 40
per cent short of last year. Other fruits con
tinue making fair progress.
Potatoes and beans are badly In need of
rain.
Medford All crops under Irrigation In good
condition. Non-irrigated crops will be about
50 per cent below normal.
8ugar beets making rapid progress and will
be harvested early in September.
Aisles and pears on Irrigated ground In good
condition; those on non-Irrigated ground are
not making; much growth. Pears will be ready
for shipment about August 15 or 20.
Beans and tomatoes sre In good condition.
Ncwberg Fall grain about normal crop.
Spring planting will not make to exceed 50
per cent of normal crop. Potatoes In good con
dition. Beans badly in need of rain.
Apples, prunes aud cherries continue In good
condition, and there will be a good crop.
Berries In need of moisture.
Eugene Weather conditions during the past
week have been extremely dry and warm and
not favorable to growing crops. Spring grain
will not be cut on account of not maturing, due
to dry weather. Fall grain Is about 25 per
cent below the normal yield, and will be cut
within' the next week or 10 days.
All fruits a;e In good condition and making
good growth.
Potutoes as yet in fair condition. Beana be
ginning to show the effects of coutlnued dry
weather and must have rain soon.
Grants Pass Dry weather continues, and all
crops In need of rain. Apples, pears and peaches
never looked better.
Sugar beets In good condition, which are un
der Irrigation; non-Irrigated will be 60 per
cent under normal.
Roseburg Weather during past week warm
and dry. Gram, potatoes and beans badly In
need of rain. Fruits In best of condition and
about a normal crop.
Asbland Fall grain Is being harvested
Kpr!ng grain will be about 50 per cent of nor
mal crop, owing to continued dry weather.
Apples, peaciies, pears and cherries in good
conumon, ana mere win be a normal crop.
GOOD BUYING RESULTS
IN ADVANCE FOR COTTON
New York. July 31. (I. N. S.) Advances
of 12 to 15 points were recorded at the opening
of the cotton market today, with the tone
firm. Sentiment appears to be affected by
further peace talk and by the fact that 1J Is
uot aiiu ury m uie sou Lowest. uooa buying
win noted by southern trade Interests, and
New Orleans houses were also purchasers. The
selling came from Wall street, commissian
bouses and Liverpool.
Longs unloaded In tbe last hour, and nearly
u tne eariy advances in new crops were lost.
tne maritet closing Dareiy steady at a net up
turn of about 23 points and Augnat at an ad
vance of 2 points to a decline of 4 points for
tne new crop positions.
Range of New York cotton prices furnished
by overbeck & Cooke Co., 21 8417 Board of
irsue Duitaing:
Open. High
. . 2383 24W
..2 400 2416
. . 2400 2416
. . 2400 2432
.. 2396 2408
Low.
2370
23.H4
23M
2-MiO
2378
Clom.
January .
March . . .
March . . .
October . .
December
2378
23 S4
2384
2401
2378
DAIRY PRODUCE ON THE COAST
Ban Francisco Market
San Francisco. July 31. (U. P.) Butter
tx'ra, jc; prime. 4ae.
Ejcga Extra, 39c; extra firsts, 3Hc; extra
puueis. ooc; extra nrsts, pullets .13c.
Cheese California fancy. 21c; firsts, 19c,
Seattle Market
Seattle, July 81. (U. P.) Butter Native
wasningion creamery cube. 48c; do brick
44c; storage California cube. 40c; do brick.
nr.
Ecrgs Select ranch, 42c.
Cheese Oregon triplets. 24 (3 25c; Washing
com uiyiw, ocu.tc; loung America, aoc.
Loa Angeles Market
Los Angeles, July 31. (I. N. S.) Butter
c; eggs, ooc.
POTATOES ALONG THE COAST
San Fmncisee Market
Ban Francisco,- July 31. (U. P.) New no-
l.n-a T I 1 . r, , r , J. I ' . . .
4 - a "T"", .u'ttiio per cemai; no.
stock. 60c5)7Oc oer box.
Onions New red Per sack. 6075c: yel
low, per 100 pounds. 75cc3$l.oo, on the wharf
tseetue Market
Seattle July 31. it. P. (Onions Wax
case, et.io; uaiuorma red. sack, 91.26.
Potatoes Locals, new 900 ; California, $65.
mis juigeies autraet
Los Angeles. July 31. il. N jtl Pot.
toes, new, $3-00, 91-25 lug; sweets, tig 7c per
ISMUIU.
San Francisco Grain Market
Ban Francisco, July 31. Barley calls:
J oly 31 July 30,
. Open. Clooe. Cke.
uecemoer w 236 236
"V" I";,' S1
Wheat Per cental New Sonora. 93.0ncg.'l.73
'. J- J' ,nt"lor shipplne: point; California
club. 93.40ftii3.75, according to quality; do
nortnern nrueatem, s.ty4.CX.
Barley Per cental New feed, 9S.S0a.35
according to quality.
Oats Per cental New red feed, 92.3032.40.
New York Metal Market
New Xork. Juiy 81, (I. v a M-r.i
prices:
Copper Strong. Spot SOUe; early August.
2H29c; late August, 28HQ28e; Sep
tember. 2SHe; butt quarter, 2C V&27V4C
Spelter Firm, Prompt delivery 8He; other
positions. 8e.
Tin Steady. Spot, bid.
.fS?.r Uet- S- 109c; bld! August.
10 14 ne.
SHOWS IMPROVEMENT
IN PACIFIC NORTHWEST
APPLE
PRODUCTION
STEADY TONE SHOWN
FOR LIVESTOCK WITH
ALL PRICES HOLDING
Very Small MoTement Reported in
at North Portland Overnight
Cattle Situation Is Unsettled
Sheep Come on Contract.
LIVESTOCK B.T7H COMPARED
Today. Tear aro.
, $15.60 $9 15
9.00 7.60
11.09 1.15
Hogs
Steers
Lambs
PORTLAND LIVESTOCK RUN
Hoga. Cattle. Calves. Sheep.
7 3.1 2 241
7'JO 022 25 iao
44 5 14
337 4ii 20 62S
270 76 1 640
844 M 8 27
4H 70 27 134
131 31 14tt
2S2 112 21 127
27 .. 273
200 259 41 21S
Tuesday
Monday
Saturday
Friday
Thursday
Wednesday
Week ago.
Year.agu
Two years ago. . .
Three years ago..
Four years ago. .
There was so little stuff reported In tbe
North Portland market for tbe opening of tbe
day's trading tbat practically no change was
Indicated by general trade sentiment.
Only bogs available for the market during
the day consisted of wagon stuff from nearby
points. Trade prices' are practically the same
as Monday.
General hoar range:
Prime light $15.B0!J15.
Prime heavy 15.4c.ilU 15 JW
t'lgs 13.bU(J;14.JU
Cattle Market Emtio
Market for cattle, while In general somewhat
firmer and higher than last week. Indicates aa
erratic tone. Some stock Is selling out of pro
portion to Its worth as compared with others,
the differentials in prices being unusually
great. In fact tbe trade Is considered un
settled.
General cattle market range:
Best beef steers 9 S.ROcc 9.00
Good beef steers 7.R0cj 8.00
Best beef cows C.75(w 0.75
Ordinary good cows 4.0tx(i 5.50
xtesi neiiete e-iokjl o il
Bulls 4.5(141 6 Ou
Calves 8.5tf 9.25
Sheep Come on Contract
Another very good load, tbe only arrival In
the sheep division during tbe day at North
Portland, was reported In. Tbla came on con
tract, the sale being made previous to ship
ment. Mutton and lamb market lu general is
quiet but steady at former prices.
General mutton and lamu market
Western lamba $1 1.50fi$12.OO
Valley lambs 10.50(ii 1 1 .00
Yearling wethers S.Csj'u I l.oo
Cld Wetbers 8.00'cJ 8.30
Fancy 11k ht ewes 6 0tK(( 6.50
Heavy ewes 8.50if 5.00
Tuesday Livestock Shippers
Cattle E. 8. Graham, Condon, 1 load.
Sheep Northwest Sheep Co., Hlllgard,
load.
Monday Afternoon Sales
STEERS
No ...Ave. lbs. Price.
1 steer 0O 97.50
2 steers 720 6.20
STAGS
1 Stag 1160 $4.73
HOGS
12 hogs 249 $16 66
19 hogs 2K3 15.60
81 ho:s 106 16.55
41 hc.BH 3a 16. .V.
2 hoiis 37c) 14 65
is hogs 124 14. 50
0 bKS H7 14 50
2 bogs 345 14.4o
LAMBS
21 lambs 64 98.15
40 lambs 62 8.15
h bogs 61 8.55
BCCKS
1 buck 190 93.00
Tuesday Morning Salsa
UElFaUlS
No. Ave. lbs. Price
1 belfer 690 9 5.00
HOGS
9 hogs 193 915.40
10 hogs 18 15.25
24 bogs 211 15. Hi
19 ho 11 15.40
2 bogs 140 14.50
COWS
1 cow 870 9 6-50
1 cow 790 6.00
3 cows 667 6.60
BULLS
1 bull 1300 9 8.00
CALVES
1 calf 190 9 9.26
AMERICAN LIVESTOCK PRICES
Chicago, July 31. (I. N. S.) Packers prom
lsed a lower close in the hog market, but tbe
croD was picked over at prices averagin
aiound Monday, 915.00'cJ 15.53, taking the most
with a 916.05 top. Few cattle arrived, an
anything decent In quality got steady prices
Receipts In the sheep bouse were practically
11 western lambs from nearby feed lots
Prices were steady.
' Kansas City Hogs $16.10
Kansas City. Mo., July 31. (I. N. 8.) Cat
tle Receipts 22,000, alow to unevenly lower,
Steers. 910.00(313.75; cows and heifers, 96.00
ttfl3.00: stockers and feeders, 96. 00 Hi 10.00
calvea, 90.00'811.60.
Hogs Receipts 13.000, best steady, others
5c lower. Top. 916.10; bulk. 915.95(315.90
heavies, $15.HJ3 10.00; mediums, $15.80
15.95; lights, 914.511IS15.60.
Sheep Kecelpts 4O0O, steady. Lcambs, 914.00
& 14.50. No good sheep.
Chicago Hogs 916.15
Chicago. July 31. (I. N. 8.) Hogs Re
ceipts, 10,000, alow and steady. Mixed an
butchers. 914.60cTjl6.16; good heavy. 914.40
10.16: rough heavy. 114. 400x15. ty: nga
$14.75316.00; pige, $11.6014.40; bulk, $15.00
((15.90.
tattle Keeeipts zouu, steady ana strong
Beeves. 97.6O(14.10: cows and belfers, 14.60
(all-(15; stockers and feeders, Io.804ia.o0
calves. 98.75613.00.
Sheep Receipts 9OO0. steady to 10c lower:
native and western, 97.UOiglO.75; lambs, 99.60
(315.40.
Denver Hoga $15.65
Denver. July 31. (U. P.) Oat tie Receipt.
800. 20c to 60c lower. Steers, 18. 10(38.25:
cows and belfers. 96.50$9.2(5; stockers ana
feeders, 96.O0ctt8.50; calve. $9.OOcgl2.00.
Hogs Receipts, 1000. Steady. Top. $15,651
bulk, $16. 20U 15.35.
Sheep Receipts, 2100. 25c tower. Bwes,
none; lambs, $14.00-3 14. 70; wethers, $14.0041
14.25.
Chicago Dairy Produce.
CLlcsgo. Jnlv 81. (I. N. S.) Butter Re
ceipts, 19.227 tube. Creamery, extras, 38c;
extra fir eta. S7ftc; firsts, 36Vig37c; packing
stock. 32S2c.
Ecggs Receipts, 17.941 cases. Current re
ceipts, 2fl(330VC; ordinary firsts, 264 29c;
firsts, 3i-4U32c; extra, 37c; checks, 23U,27c;
dirties, 27c.
Oregon Is Close
Second in Medals
For Jersey Cows
New York, July 31. The an-
nual award of sold,, silver and
bronze medals by the American
Jersey Cattle club, Juat an-
nounced here, reveals that Ore-
gon la a close aeoond to Massa-
ehusetts in the number of
cows of that breed winning
medals for superior production
In class A A Register of Merit.
The following- awards were
made to Oregon breeders: Ed
Cary, Carlton, two gold and one
bronze; Pickard Bros., Marion,
two gold and one stiver; C. F.
Keid. Portland, one gold and
one silver; Oregon Agricultural
college. Corvallls, one gold and
one bronse.
E. L. Brewer of Bataop,
. Wash., was awarded one gold
and one bronse medal.
Edited by
Hyvwa H. Cok
RUNES ARE
WITH CROP
NOT SO FAVORABLE
Total Production of Oregon-Wash
ington Expected to Be About
Two Thirds That of Year Ago
Prices Ruling Higher.
Prune market 1s showing a much firmer
tone and higher price are being generally of
fered to producers. General vslues rule
round 84c a pound for tbe more favorable
ltes although some psckera are still not
offering above the 7c market. This is for
30s to 40s.
Prune crop conditions sre very badly mixed
t Oregon-Washington points; the out lock br
ing for a larger crop In some sections 1 1 an
year ago while 1n other sections the pros
pects are for but a third crop. Tho outlook in
general Is for a production of about two thirds
tbat of 1916.
In the Vancouver section sn examination of
the orchards Indicates tbe lightest production
for several years. This la esieclaliy true In
the vicinity of Waghougal; in fact tbat entire
section shows limited product lcm prospect.
Ia portions of the Willamette valley the
prospect are better than a year ago although
tbe valley as a whole Is not likely to produce
within 10 per cent some place the eatlmate
aa 15 per cent of the 1919 crop.
Wheat Market Has
Irregular Tone in
The Chicago Trade
HOT WEATHER AFFECTS
Chicago, July 31. (1. V. 8.) Withering hot
weather waa tascbaaU of a hull drive on the
wheat market today, which aent July whe
to 92.74, up 12c from yesterday's closing
figures.
By Joseph F. Pritchard
Chicago, July 81. (I. N. S.) Shorts In July
whest bid that future up sharply In order to
even np their positions, ss this was the last
day In which the July could be traded In. It
sold between $2.04 and $2.74, and the volume
of business was rather active. It cloned last
night at $2.C2. While the July was In demand
and shsrply higher, the September showed a
loss of 7c. The latter was under selling pres
sure. Other grains were also unsettled and Ir
regular.
September corn closed SSHo higher, while
the more deferred months were lVsftlHc lower.
There was an urgent demand for July oats,
and that future gained 81c, whiTl? the Septem
ber was off liultc, and the December was
4e lower.
Pork waa 20c lower to 16c higher. Lard ad
vanced 27 $3 37 He, and ribs were up 12 SO
20C.
Cash transactions were 10,000 bushela of
wheat to millers, 13.000 bushels of corn, and
7o,-XX bushels of oat a.
Chicago, July 31. L'. P.) Reports of bet
ter growing westher through the corn belt, to
day sent the corn market below yesterday's
close.
September corn opened unchanged at $1.63
and held at that figure. December opened tc
down at $1-18 and declined Tie. May
opened He lower at $1.17!, subsequently de
clining lfeC.
Wheat moved Irregularly. July opened 2c
up at 92.64 and advanced 3c. September
opened lc lower at $2.22 V and sold off
3Wc
Oats were lower In sympathy with corn.
July opened c up at 79Vc, aubeequently sell
ing off He. September opened He lower at
Otitic and sold down lc. December opened
c off at SIHc and declined 4c.
Provisions were steady to a shade higher
on a slow and steady bog market.
Range of Chicago Drtcea as furnished by the
Cnlted Press:
WHEAT
HIGHER
OUTLOOK
Open. High. Irw. Clotte.
204 274 2rt4 274
222V4. 222 K 21T 217
CORN
103 164V, 16.1V4 164 U
118 119 117V, 117S
117 118 110V, 110V,
' OATS
79 v, 00 TSV, 85
61 T, 61V, 59 H 00
em 61 h eov, 60
PORK
4033
4000 4070 4000 4O70
LARD
807a 2100 3072 2100
2087 2122 2082 21 In
2100 2142 2095 2130
RIBS
2175 2ia. 5175 2185
2187 i:2O0 21x2 2197
2172 2192 2170 2179
July
September
September
December .
May
Joly
September
December .
July
September
July
September
October ..
July
September
October . . .
BANK STATEMENT OF COAST
Portland Banks
Thia week.
...$ 2,256,117.71
... 2.063 8251 72
63,557,318.50
Spokane Banks
T acorn a Banks
Seattle Banks
Clearings.
Monday .
Tuesday ..
July
Clearings
Balances
CTearlrars
Balance
Clearings
Balances
Clearings
Clearings
Tear ago.
$ 1,658.7.93
1.071. 467. 63
46.166,528.03
.$ 879.528.00
150,Oj2.O0
.$ 43d..O0
42.627.0
.$ 3.30,4y,.00
6O4.748.O0
San Francisco Banks
$19,079,113.00
Los Angeles Banks
$ 4,120,230.00
Money and Exchange
New York, July 31. (1. N. S.) f'all money
on the floor of the New York stock exchange
todsv ruled at 2 per cent: Inch, 2V, per cent
low. 2 per cent. Time money was easy. Rates
were: Sixty days, 4ViU4V, per cent; 90 days,
41ic'ii4V, per cent; four months, 4 per cent
five months. 4Vij4 per cent; six months,
4V4S24Vi per cent. Tbe market for prime mer
canflle paper was easy. Sterling exchange waa
steadr. with business In bankers bills
$4.76 0-16 for demand. $4.72 for 60 day bills,
and M.TOVcV tor vo day bins.
Bar silver New York. 78c; London, 30Td
Seattle Grain Market
8eattle, Jnly 31. (I. N. 8.) Wheat Rlne-
stem. 12.30: Turkey
RetL $2.20; fortyfuld
12.17: clnb. $2.17; Fife
a, 9217;
Red Russian
$2.16; barley, $O0. No receipts
Honor Girls' Play
Draws Large House
Vancouver, Wash.. July 31. In spit
of a number of other attractive events
last night the play "When Duty Calls,'
given under the auspices of the Hon"
Guard Qlrls. drew a full house. The
play was well received and special
mention is due Charles Munroe, a mem
ber of the hospital corps, who acted
the part of the slacker, and Aldls
"Webb, also a member of the hospital
corps, who carried out the role of
"Colonel." The song, "The Flag of the
U. S. A.," in which the entire cast,
and members of tbe Qlrls Honor
Guard Joined, was probably accorded
the heartiest reception. They wore
accompanied by the regular theatre
orchestra The proceeds from the play
will be used for the purchase of text
books and other necessary equipment
to be used in general utljity work.
The amount realized from the play hut
as yet not been ascertained.
Vancouver Marriage Licenses
Vancouver, Wash.. July 30 Three
marriage licenses were Issued late
Saturday evening as follows: F. A.
Danielson, 42, Mrs. lone C. White,
$3, Portland; W. Keith siacGregor
64, and Mrs. Jessie J. La Rue, 42,
Portland; Chester Burbank, 24. Shei--wood.
Or., and Mrs. Eva F. Finch,
legal, Portland.
Stocks Hold Very
Strong in Morning
Session in Gotham
yew York. Jmhr II. CI. V. S- The market
closed weak. The completion of covering left
the market without auppert ia the late trading,
sad reactions occurred throughout the entire
list. United States Steel common yielded to
1994i Points, and the ether ateel industrials de
clined from 1 to t points. Utah Copper from
iuot points sold down to 104, ana industrial
Alcohol brake ever 9 points to 161. Government
bonds ascaanxroci; railway and other bonds
Steady.
New York. Jaly SI. (I. N. S.) The stock
market opened strong today, with the most at
tention centered on tbe motor stocks. In which
gains of nearly 1 point were scored. Geeersl
Motors rose 4 point to 113 W: W illys-Overland
1 point to 33'fc, snd Studebaker Vi point to
64H.
Tbe steel stocks showed fractional gains, ad
vancing from H to 4 point.
The copper stocks also made fractional gains.
Tbe strong tone waa maintained all through
the forenoon, and tbe advances In the steel
group waa attributed to the scarcity of selling.
Steel common sold tip to 1254 on rumors that a
liberty liond dividend of 5 per cent would be
declared this afternoon In addition to the other
dividend. Tbe motor stocks were strong, (len
eral Motors advancing 3 points to 115H-Wtllys-Overland
moved up 24 potnta to S4-V
All of the copper Issues were strong 00 re
ports of pronounced Improvement In the copper
metal market.
Money loaning at 214 per cent.
Range of New York prices furn lsoecVsy Over-bet-k
fc Cooke Co 216-217 Board cbf Trade
building:
DkS -RIP I ION
:iiKn Hlehi l-ow close
Alaska Gold
Allla-Chain,ers. c
American Beet Sugar
American Can, c
American t ar Fdy., c.
American Cotton Oil, c.
6
29
91
48
76
37
26
72
102
20
92 H
48 V,
76.
30
93
49
7ttT
29
HO V4
48
78
2t i
American Linseed. C...I 27
American Loco., c 71
'J'"
72 V,
American Smelter, c. . .tloS'i W vt l02Vi
American Sugar, c 121 l23Vi!121
American Tel. St Tel . . . ' 1 1 1 19 V4 1 19
American Woolen. c... 53Vt, 63i B2V,
12t
118
62
76
OC.
73
09
124
126
69
80
18
1X
88
69
10
00
Anaconda Mining Co
Atchison, c
Baldwin Loco., c
Baltimore A- Ohio, c. .
Bethlebem Steel, c
Bethlehem Steel "B"..
Brooklyn It- Transit. .
Butte a Superior ....
Calif. Petroleum, c...
Canadian Pacific
Ontral Leather, c...
Chesapeake & Ohio....
Chicago at Gt. W.. c.
Chicago. M. A St. Paul
Chicago a N. W., c. . .
77A.I 7S V ! 76
M4 9V, 99H
74V.,
70
51, 78
7oV, 694
127
128
126
19
161 H
88
6U
lot
0SV4
19
161 H
19
1B1
80; 88
OV 60
10 10
6u aa
jlOllV,
100 i:
im v,
63
49
K
34
81
7
2fi
Clcino Copper
63
30
54
Colorado 1. 4 L.
Con . Gas
Corn Products, c. . .
51
61
50
S
62
35
63
34
81
"ruclble Steel, c. . .
D. A II. G.. c
Distillers
28 2
2H
24
rle. c
I 26 1 23
j 154; 134
24
General Electric . .
134: 134
Joodrlch Rubber
60! 48 48
Gt. North., ore Lends..
Gt. North., pfd
Greene Can
I 32
104ilO4!104
43 I 42, 42
13 12 13
15 15! 15
104
43
12
15
Hide & Leather, c
Ice Securities
lliuota Central
. . i 102
Industrial Aleotiol
Inspiration
107 108 1B7
1H1
5rt; 6; 56
i6
t.
43
21
91
63
124
84
96
41
ntertioro. c.
9
9V 9
Kenuecott nper
Kan. Oly Southern, c. .
Lackawanna Steel ....
Irf-hlRh Valley
lx'UlccvilLe & Nashville..
43
43 43
22 22
93 93 i 91
3 63 6.1
12l124124
Maxwell Motors, c...
Mexican Petroleum ....
:t4 84
95 91 96
41 41 41
Miami Ciit
Mldvak Steel
60 59 68l 68
6 5 6 5
Mo.. Kan. & Texas, c. .
Mlcwnurl I"ciMc
32 i 32 3Ui 81
fA 6rt 6i 66V4
National lead
Nevada Consolidated ..
New Haven
22. 22 22, 22
New York Air Brake. . .
1 133
8-8 SH 8, M
New York Central
N Y.. tHit. A Western 23 , 23 I 22i 22
Norfolk A Western, c. . , 121 , 121 121 121
Northern Psclfie
loo1.. 100: 100 101
Pacific Mall
Pc nnsT lvania Ry
PeipU- Gaa
Pltts(urg Coal, ctf....
Pre-Hted Steel Car, c. ..
63
63
63
33
70
56
73
62
94
90
34
160
24
66
63
93
S
17
186
16
66
73
28
61
94
91
45
24"
64
64
93
26
lft
187
57
73
28
62
94
02
3u
'24
66
50
73
28
61
94
90
84
24 '
ltay Cons. Oopier
Railway Steel Springs.
Readlner. C
Rep. Iron a Steel, c.
Rock Island
Sears. Roebuck a Co..
Sbattuck
Studebaker. o
64
SIoks Sheffield
64- 63
Southern Pacific
94
20
18
187 S
98
Southern Railway, c. ..
Tennessee Oupper
Texas Oil
Texas Pacific
Third Avenue
1T
1S6
19 10 19 19
1'nlon Pacific, c
136;135 135i136
I'm red States Ru.bl.er. c
Ol Dl OU, CWU
United States Steel, c. 124l2Ai12312;i
l tah Cooner i 104 106 104 H4
Virginia Chemical, c... I j 40
Westlngbouse Electric
Willys Overland
Woiwrirth
48 49 ( 48
32 35 82!
. . . . c iiari
Total aalee for the day were 621, 20o sbaree.
Extra dividend.
New York Sugar and Coffee
New York. July 31. (XT. P . 1 Oof fee Spot
No. 7 Rio. 9c; No. 4 Ssuitoa, 10c.
Sugar Centrifugal. 97.02.
Pendleton Man
Beats Out Draft
Pendleton, Or., July 31. It develop
that William Newton Poyer of Tilot
Rock, whose number was the last
drawn in the draft lottery, has al-
dy enlistud. A week before tho
wing he left for Portland and
Jftsfted the navy rather than wait to
seyfovhether Uncle Sam was going to
coSript him.
Rover was one of the councllmen of
Pilot Rock and a star member for the
past 10 years of Pilot Rock's ball
team. WuJter AJbrecht, catcher on
the same team, enlisted with him and
both are now playing In the naval
band at Mare Island.
Seven of the men drawn on the first
draft In this county have already en
listed, three In the local cavalry aiid
four in the regular army.
Gladstone to Have
New Business Block
Oregon City, July 31. Gladstone Is
to have a new business block of frame
construction, the contract for which
was lot Monday to Herman Nelson of
that place by A D. Paddock, druggist
The building will be erected north of
the present Paddock brick block and
across the Gladstone Park track of
the Portland Railway, Light & Power
company. It will be 60 by 60 feet,
two stories, with two storerooms on
the first floor, and the entire upper
floor arranged for lodge purposes, hav
ing been leased by the Odd Fellows.
Th cost will b between $3500 and
$4000. Mr. Nelson will begin work
upon the same about the mtddle of Au
gust. Ifome After Motor Trip
Vanrovv, Wash., July 31. Mr. and
Mrs. John Holtgrleve. Mr. and Mrs.
.amfi iiannam, miss Myrtle vorhcea
and Mr. and Mrs. H. B Richards, have
returned from a motoring trip to T
ooma, Seattle and various other cities
in the Puget Sound country. Wrii!-
aw-ay they visited with Mrs. Richards'
father and mother, Mr. and Mrs. C. 8.
Vertices, who are camped at American
Lake, where Mr. Voorhees Is employed
In connection with the construction of
the new military cantonments at that
place.
Commercial Clnb Sued
Oregon City, July 11. The Eilers
Music house has brought suit against
the Oswego Commercial club to recover
the sum of $328.60 or the return of one
player piano sold to the defendant on
contract and upon which there is still
alleged due the sum above stated.
Finance : Timber: Industry
Expenses of Electrlv Railways In the United States Increase Faster
Than Revenue Taxes Paid by 70 Per Cent of Companies) Re
porting Increase 7.14 Per Cent Operating; Revenues Increase).
Bios tor Iaglaa Boada BeJcsct4rU
Three bids for the $555,000 Douglas
county road bond Issue were made,
but the county court, after consider
ing the proposals, rejected all of them
Monday, and it Is probable the bonds
will not be offered again until the
market Improves. Douglas county of
fered these bonds at 4Vt per cent, and
bond dealers, knowing that the bonds
would have to be offered at a 6 per
cent basis on the present market, went
considerably below par In their bids.
Two of the firms, Keeler Bros., and
Jamea N. Wright A Co., of Denver,
bid par, but asked a 10 per cent com
mission for the sale. Three Roseburg
bidders offered par for small amounts
of the bonds. Outside of Keeler Broa..
no attempt waa made by Portland
houses to aecure these bonds.
Buoceeaor Za Comlag. B. Kydd.
until recently accountant of the Ca
nadian Bank of Commerme branch at
Mexico City, ha been transferred, to
Portland to take the place vacated by
J. E. VV. Stephenson. Mr. Stephenson
takes the Mexico City position and will
leave Portland In about three weeks.
Mr. Kydd went to Toronto from Mex
ico City, but ia expected In Portland
sometime In the next 10 days.
He sumption of Stock Market. In
times like these, when the stock mar
ket is dally influenced by current news
developments. It Is very easy to over
look fundamentals and to overesti
mate the Importance of the frequent
shocks to which the market hs been
subjected of late, saya the Investors'
Public Service this week. There has
been, as a matter of fact, no such
change In fundamental conditions as
to Justify the belief that the leading
Industrial, railroad and mining Issues
will long continue to Bell at their
present low levels. While the uncer
talntles that are the predominating
Influence today in keeping priced down
continue, material price accessions
may not be looked for. There are the
best of reasons, however, for believing
that practically all of the conditions
which are now operating: to befoor the
outlook will, when fully cleared up
and defined, prove to have been greatly
magnified as to their present apparent
importance, and that, with these
clouds dispersed from the financial
sky, there will again be discernible to
the vision of every Investor the funda
mental fact that the Industry and
commerce of America is proceeding on
a rising scale of prosperity, fir ex
ceeding anything In past history a
prosperity that will continue to In
crease so long as the war lasts, and
that wl'.l not. except In a comparavr
lively few Industries, suffer serious
lrtdowns for a long time after the ces
sation of hostilities. The general range'
of stock prices today Is far below
normal figures, based upoa determin
able fundamental conditions A resump
tion, therefore, of the upward move
ment which was In progress up to six
weeks ago may be looked for aa soon
as the present situation becomes clar
ified. Many things might occur to
stimulate a rise in stock prlcea A
naval battle with the American ships
victorious, or the participation of Per
shing's forces in a successful assault
upon a German position are in the
class of overnight news that would
have a tendency to send pi Ices up
sharply for the moment, Juat as sim
ilar transient news of an advnrso char
acter may usually be counted on to
cause temporary breaks and reactions.
Because the country is going through
a series of experiences that are totally
new to the present generation of busi
ness men, market conditions are pe
culiarly susceptible to overnight news.
Record Blast of
Powder at Quarry
Vancouver, Wash., July SI. At 11
o'clock this morning an electrlo but
ton was pressed that discnarged the
largest amount of powder ever used
In a single blast in the history of this
coujity.
The blast took place at the county
rock quarry, two miles southwest of
Yacolt. Four and a half tons of black
ptiwder, costing approximately $900,
was used, and 160,000 yards of rock
waa displaced, enough to supply the
expected needs of a large portion of
the county for one year.
The main tunnel extended 65 feet
back into the face of the cliff, and in
tersected with another tunnel extend
ing 72 feet east and west, at either
end of which was a six foot pocket
filled with powder.
Rock from this quarry. In the form
of crushed rock, has been shipped to
every part of the county wnere there
are railroads, and much of it has been
transported In auto trucks. The dis
trict adjacent to Rldgefleld, which has
heretofore been supplied largely from
this quarry, will hereafter be supplied
from the new bunkers which are be
ing constructed there, and which will
be filled with various grades of
crushed rock brought on erowe from I
quarries at St. Helens.
Work in preparing for the big blast
today was carried on under the super
vision of George Gasaway, foreman of
the quarry.
Mrs. Palmateer Was
Respected Pioneer
Estacada, Or., July $1. The passing
of Mrs. Sarah Palmateer, who died at
her home in Garfield, July 29, at the
age of 75 years, brings to mind many
recollections of pioneer days by old
residents of this section. Mrs. Palma
teer was one of the oldest residents
of Garfield, having located there
in 1852. Her late husband. John Pal
mateer, was a Methodist minister, both
being members of that church for many
years. She was the mother of nine
children five of whom survive. One
son, Lou Palmateer. and a daugf.
Lou Palmateer. and a daughter.
Mrs. Irene Duncom, reside at Garfield.
Duncom, reside at Garfield,
The othe
children are Willieim Pal ma
teer of Morgan, Or.; Henry Palmateer Zr?rll uTw as that
of Silverton. Or., and Mrs. ftadie VVas m 'fh.T f l
of Currln.villa 'Funeral service, were : .i" tuZZ. r a Int
at Garfield, and Mrs. Palmateer was',. ..,. ..... ..... , .k.
burled beside her husband and other
member, of the family in the Zlon
cemetery. '
Kes training Order Issued
Oregon City. July 31. R. A. Clark,
who received a contrSct from the
Rrlghtwood Lumber company and the
Sandy Lumber company to load ties.
cordwood, lumber and mill and timber
products on the Portland Railway,
Light St Power company's car. at Bull
Run station, received a restraining
order from County Judge Anderson
Monday, preventing William E. Brad
ford from interfering with his work,
tne former charging that the latter had
threatened that he would prevent the
plaintiff from complying with his contract.
sines the day-to-day developments ais '
along lines tbat th country's expert.
ence for the last SO yevrs has not . .
taught it how to estimate as to tbeir ,
probable effect. , (',;
Larger Trade Is xperleaoed In Its
weekly letter, the John V. FarwsU
company of Chicago ssys:
rh, volume of business Is reachlnsN
larger proportions with the contiatr-
ance of warm weather which has given -
retail merchants opportunity to move
their summer stocks. Collections svre
very good. Official crop reports pre- i
sent a very satisfactory outlook for ,
fsll and merchants are basing their V
purchases largely on this condition. '
Manufacturers of wool dress fabrics
have had no trouble in selling up their
present product for the next six "
months on present price level, and la -many
cases could not give distribu
tors the full amount wanted. Every
thing indicates very firm prices and
scarcity of wool dress goods for fall
and winter. The advance in raw silk s
has been greater the last three weeks" ,
than ever before known. Scarcity of -vessels
restricts shipments and Is oaua-
lng a scarcity of silk and higher prlcea,
Advance business is greater for the
month of July than corresponding? T-
month last year
In placing fall
obliged to pay
chandlse."
If buyers are lats
orders they will be
more for their mar :
Xlectrlo Bailwsj Zxpeases Xaereasav
A comparison of electric railway sta
tlstics for tbe month of April, It It,
with figures for the corerapondlng ,
month of 11, and published In Aers,
Indicates that the expenses of electrta
railways in the United States are ln :
creasing faster than the revenues. The
eastern district is suffering most in
this respecL Data for April, repre
senting 765 miles of line of companies
scattered throughout the country, fig -ured
on the per mile of line basts, in- :
dicatee an Increase in operating rev
enuc.a of 2.90 per cent. In operating es,
peases of 8.S6 per cent, and a docrease '
in aet earnings of 6.23 per cent. Data '
representing approximately 76 per eent
of the above mileage Indicates ah In
create in the amount of taxes paid of
6.30 per cent and a decrease in operat
ing income of 13.29 per cent. In the ;
district covering all railways west Of
the Mississippi river there waa sn la
crease In operating revenues of J. 97 "per
cent, an increase in operating ex
penses of 7.95 per cent and a decrease
of J.H per cent In net earnings. Fig- :
ured on the per mile basis, operating;
revenue In 1917 was $2061. as com
pared with $1888 in 1916. The operat
ing expenses per mile in 1917 were
$1357, as compared with $1267 in 1J16, -and
the net earnings per mile of the
two years respectively were $706 and
$729. Of the three Troupe, eastern,
southern and western, returns for the
eastern, representing 6086 miles of
line, indicate an Increase in operating
revenues of 1.59 per cent, in operating
expenses of 9.96 per cent and a de
crease In net earnings of 7.74 per oent,
Taxes paid by companies represented
Dy approximately 70 per cent of the
above mileage increased 7.14 per cent;
while the operating lncomo of these .
companies decreased 17.00 per cent.
The op-srating income of the southera '
groups decreased 2. S3 per cent, while
that of the western decreased 4.61 per
cent. Both groups show increases In
the amount of taxes paid. ,
The operating ratio for tha country
as a whole has Increased from 61.71 in
1916 to 65.11 In 1917. The operating
ratio pf the eastern district has In
creased from 61.6$ In 1916 to 66.40 in
1917. The operatlnc ratios of the
southern and western groups havs also
risen.
Mrs. Jessie Kieger
Dies at Estacada
Kstacada, Or., July tl. Mrs. Jessie) -Kiearer
died at the home of her son.
Julius Kieger, of Estacada, July 17,
.,-,.1 k,.I . . . k. - t.
flan rhiirch Aiinrtsv iftaniAAn at e
o'clock, Pastor Ouy Drill officiating,
and Interment was made at Lone OaJt.
i tviiie (ci jr Bi ,siacaua.
Mrs. Kieger was born in Germany In
1S65, being nearly 63 years of age. Bh
moved to Portland In ISIS and realdaA '
li. ere until mvi, waen mt rsmoveo,
wl.W 1 m11.. . - II - -MM -! M
live twnii t uyfl U.li tVlU, BUI :
was the mother of 11 children, six of
whom survive Two daughters reside
in Inrt lanrl Mn Dan rare Willow nA
Mrs. Robert Ennls, both of whom were
... . .4 . w 4 . . . t tm .
iiqiv hi svllwuu iuv lauiru. lurstisna, -
Will, Albert and Charles, reside at Oar- '
field, while Julius Is a resident of this '
Place. Their father. John D. Kiearer. -
died six years Sgo.
To Establish New Court
Estacada Or., July II. la compliance -with
a law enacted at tbe last Oregon
place will aoon establish whtft is known -as
the small claims department court
at Estacada. Mr. Devore will have
Jurisdiction over the next to the larg
est district in this county, covering
most of the eastern portion on the ,
north side of the Clackamas, Including
Barton, Dover, Oeorge. Garfield and
Estacada. This court will be a time
and money saving one for the settle
ment of accounts too small to warrant
the expense of regular court trials
Work Under Way
At Oswego Smelter
Oregon City. July tl.Even the most
skeptical person in Oswego Vs at laat
convinced that there is something more
than rumor to the reported resumption
at operations at the old smelter plant,
which was recently purchased by Se
attle intereata
D. N. Sytflee, editor of the Oswege
Times, a county Mat vis tor Monday,
! t, " ' " " JT
i tK .v.- -I.". tTiv
I v -n. .- Jl -w-
I"?. - 7-. ' 7 Ia
lrn mln-," la, Pn1 .
, ,
rn wr.i4Hsj v, wr rm il ins vs Mvwisvvarat
tiesse BMatkon Tfce Joatraal.
Stocks, Bonds, Cottoa, Grain, Etc.
213-217 Board, o! Trad Building
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members CkUage) Board of TrssW -CcTespsmdaaU
of Logan dt BTss9 '
- Chisago, Now York - '-; ,