The Oregon daily journal. (Portland, Or.) 1902-1972, October 21, 1917, Image 31

The Oregon daily journal., October 21, 1917, Page 31, Image 31

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Newspaper Page TextTHE. OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, OCTOBER 21, 1917: - 15 EFFORTS APPLE CROP HEAVY IN NORTHWEST; CALL UNUSUALLY LIBERAL All Three States Expected to Show Total ' Production Above 1910 '.lWc Secured, for ; Early Fruits ' Areberal-tockf Consumed. ' 1 The appie. crop of the Pacific North west la turning out materially better In volume and' quality than any previ ous reperts would have indicated. Instead Vf tn 1012,1 crP showing a deoreaae' from last season, there is every In.ltcatron at this time that the tOtrtfit.wlU show a liberal Rain. Bo fr as Washington and Idaho are oncerpert It, l;now absolutely ci tain that Uie lM17.trop will be greater than i 1314 and the picking and pack ing th Of egon has progrreHsed to the point where an Increasm over, last eeu.-. ron is alinont certain. Definite fig ures' will 5 not bo available for some time In either of the three states. This increase In Pactfic Northwest apple production' really has no efeet upon the! market. 1 With un extreme shortage bf not hly apples but citrus i runs in . ino inn oinu , mm mn r.on, together with thei fat that h'usl neisa condition in the moet populous centers' are excellent, have created for the apple1 market a Spirit of optiml.tm that none were willing 'to forecast at the start, ot the season. Sales of early apples at all Pacific Northwest points have indicated a de mand practically unparalleled in the hlstorv of the trade. Anything in the apple line nan been eagerly snapped up by buyers; and at prices that would have martn the shipper blunh to ask In most seasons. The east has been ab sorbing supplies at an unusHally lib eral rate. Practically all the apples sold have been going Into consump tion instead of into iho U-o houses as it the-usual c"t;- uiTlTv ! fore, that the later varieties are likely to enter the tra1- on a bettor demand basis than ever before. The only drawback has been the shortace in the car supplv nls mav In the end prove a benefit instead of a.detriment In price getting. jonniNfj PRICES IN PORTLAND These prices pr tbnee at wbtrh wholesalers ell to reUUers, exiept e atherwlse stated: f Diiry Produce BOTTERt Crcmnerr. irtnts In paraffin wrappers. -'siU-as. 4ttes vrime firsts. 40c; firsts. 44Ue; euhe. te 'it, cartons, lo ad vance: dsliy. Wc. BOTreHVAT I'Ortland delliary banl. No. 1 cream, Xir. ' CHKK4fc-lieUl price: Freh Orrgon fancy fall crsenV triplet". 2ki lb.; Young America, 2lo lb. IVice- to Joouers, Tata 28c: Venn; America.' 17 e, U o. b. ; brick. Soc lb.; 11a-bura-sr. aaci brirk Swlae. kc. KHii Belllug prU'e: Cane count. 6233c floteqbuytng p.l. ZlQoic pfer rtoten; sell. Itix price. tuit t il. fjT-r, elcta caudled &J4 C(K", atorte, 47. tlVB ttALTUY nn. Lrr Plymoetft RtKka, IStllUe lb.; ordinary rblckeua, 13 lc per gi.; ataxa 12 per lb.: kmajl aprlfiM. ISKaZQr ir lb.: large airliiri. t74lv: per U.; tirkaja. Zlii?Je per lh,; drciwed, f.inc, 2RU0c per 11.; culi. Sic; amain. Ii am mr (Wo; (eeau. live. U.-; Hkta duck, jouik. MW K' lb.; fadlaa Hiioner. olft di.cka. 1-1To per IU; ftgeon.' ti.2i doxeu. fraab. rrolta and efetablea FUKSU , aviJUS )rjue. favin3.7z box; bauabMi flr per i ; leruwi.. B.u(?.(: cn (utU. ajrepefratl, ,-4 -Aatermehjim. tl.ootj J.Wer eeiriul; peoli(!, Oregon. .30(Q7e pc Mi; pvRia. jH.aSi3.(4-per bar. fcEb.lUlfcW-- liuiktwwrrte. 12Ho per h.; triiiit-rrl'-a. 'tt.2vQlH.(A) iter box. Al'rXiKM tAical. iauuZ. ceaaiD.. te quuJlljr. ' ffM 4- Oregon Slnxcat. Il.OOr Orf.rr., VlbJua, $1.00itl.; Oregua Tokay, $1.2,1 pe; ciila; vvueora, iviiiac p. uoi; caurorul tuu; Cvucord, iui15c pr loky, :l.i'tl.'o. FO'l'A'l'Otca ScIWiih frlc. table atock, kwal.l.T&JKl.-'Knyiag prlve.. ordinary aUlu uUiK, .VZnl-Wl rweet putatwa, t&M. V KGK'i'ABLICS Turnips I.BO oer ac5: irnn. $l..'iO per auck; Wta. $liO er lack; paraulpa. .1.75 j,er 'nek: cabbage, local, 1 4A 1 M lb.; green union. X)c doen bunches: pVPra. fe,kk4l'yc ' : Load lei'.ure. HiUi'iic d.tcn bontnea; velery, UUrtT.V per doaeii artu.tnke, 41iX) tack; cucuinbera. i1(rio:c t.et Qotn tomatoea. Oregon, &ua(kc pr boi; ' BCplant. riiio P'- lb. ; Lrlrg Uui, ttr lb;, pear, Tc P lb,: caulUlower. Orejion. l oe UilJS per doaen. Meat, fiah and Provialona tllfc3n.u kIKA Is Melltn price, enontry knied beat boxo. SOVia'Jlc per lb.: onlin.r. ll'(Jl6VaO ptr lb.; beat Teal, lbC per lb orumacjr ean. UQli per lb.; rougb beary k(UUf per lb.; goats. 44tic per Uu: lamba, lj jtjic,pcr in., luuituui iu. i ov per o.; beef '. wic per lb. , dl0b.ltl MEAlb Hama. WA(85e per lb. breakfast bacug. !UkC47C; riculcn. Sue Ik ; cutlase rolU W; sburt .'lesiu ajj, Ur; (jr i.m ixwin. anukd. aJc per lb. UAttb-KetUe 'rsndcrsd. ue.-eei. 27 u per OVKlKH! Olympis gallou. 3.50; canned, eaatera. 6"c per eau,' f Q M) per dozen; eastern. s-nllnti, kolld pack. iI5. rHH - irerd (Kmuders. ee;' red aai mo. MeTVToluee." 12c: perch, Ttgiicj soles. 7c; ssiiuon Uost, 18a lb; bsltbot. 18c lb: black od. te: berrlux. tie lb.; rasor cliiu Iv-i doaea; bard shell. 4c lh.; 2.7a box; Cl US, I . (Ol . j'i wBcii, 1 ' Oroeeriss BtJOAa Cube, H.73: powdered, $8.t50; fruit ec oerr, ciuw, i.av; grsnuutted. . ft&OO; Utet, XS.OU; siirs C, X7.00; fo.deu C, HO'NUY Nsw. $3.754.00'cr case U1CE - Japan style. No. 1 7i4c; New Or Ira in bead, kc; bluo rose. 8Ue. aaLT Cosrss. halt ground. lOOn, M 00 per ion; t.w, k-'w , saS.isi; 1QOS Sl7.nO; bales. t2.X; faucy table and dairy 24.00; lump rock. KC.UO per tun. BkvANi Noniluul. ttuiall wbits. ii-Af large white, 14ic: pink 10c; llaiss. 13 c; Hops, wool end Hides HOPS Nominal. Huylng url.e. ir O'cron JSet27c per lb.; contracts, Saij40c. WOOtr WUIamelie l!ey. coaras Cotawold. Mo par lRft nvnliuin KliropHbire, 0c oor lb -ksrteia Orrcou. MXUooc cr lb. HlUli halted. 2o lbs. ind .p. 16c: salted slugs, 50 lbs. arid up, 14-!; jailed and srrea kip. 15 lbs. to -H th., Itie; aalted awl greea calf, up to 15 ins 22c; green hides, 25 I ha sua up. c; treen stuK. 0 lbs. and pp. Uci dry flint bides. 21c; dry :Uni esir. op to f im.. ovc, uij uiwm. ov-, oorae nlues 91.!WU2.dU; aalted horse bldea. 53.004. 0I' ' horn tmlr, , isii. juc; norrnair. aiaiie. 15c' dry W'lig wool r'Ha. A'lv dry short wool pelts' 2n;MK-; Milted aheep nelta. loi wool, each H oofO-VO"; salted f imb peita. cacB. tl.Soti 2.50; salted short wool rlts. tsch. tl.VI uiiril h-eD shesrllnKS. ra.-n. 2o(U&0e. TALUOW No. 1. 11c: No. 2. fcc; great If wmr lb. ClllTTlM OR CACARA RaRK --Buying .price, per csr vgv iwt to. UOUAiH Il7. 5.V per lb. , ' Kope. FainM. Oils ROPE Siaal, dark. 2.1c; white, 22 Wc per lb.: standard manlls. Sic. LI.NSttO OIL Ksw. libls.. $1.30 per al k.n: kettle boiled, barrels. 11.32: rsw $1.40; boiled, cases. $1.42 per gallon; lots of 2jO gauoaa icse. , COAL Oil Water wblte, ta drums and Iron harrela. 10c ber salloa. WHITH LEAD Ton lota 14c prr lb.; COO B.a.r 14Ue. TUBPHXTl"- Tsns. ear; esses. 72c: 10 DAIRY FRODUCE OX THE COAST Seattle Msrkst 4 a?riw. et; . iu. nntter Native v aatilnictos ( creamery, cube, 4hc; do brick,. aiuf-sKe vsmurnia, vuue. -lc; ao Dries, sec. . - , Kxgs Select ranch. WV; store re, 42e. Cbfaa OrKOn Hrlpleta. 2Ce: Votm Ameri es, 2xe; block Swiss, esse. 37c; Washington triplets, ic , Las Annies Ifarkot . Loa lnareles. Oct. 20. (I. N. .) fegrs. doc; DQlirr, mc. Baa Franeiseo Market San Frsnrlseo, ix-t. 20. (U. P.) Butter luiiras, Mr; prime rirars, 44e. . , aa Kxtras. mw: extra firsts, B3c: ex- Us pnlists. 4ZHe; extrk flrsU. millets. 42c. Cbeee Celtfornla. flata, fancy, 22'4c , 4 Seattle Barley Market - Seattle. Oct. 30. (I. N. S.) Barley, $80.00 iMteipts, waear., so cars. TO FIND WHEAT COSTS Cattle Branding Is Cause Heavy Losses That $5,000,000: are annually: loot by Americana as a result la of the branding of cattle, -is t Kr the latest sensation, given pro- ducers. Henry Boyd, of the- ;4g Armour ,. interests at Chicago,- recently made the assertion 4 that losses resulting from pro-' H raiscuous -branding, reached be- 1 lit tweea 14,000,000 and $5,000,000 each year. Some efforts are being made to have the govern- - meat prohibit such branding-, v ' ' "': Wool Industry to Be Suryyed in an Effort to Increase Cliarles Coopey, Oregon State Com miafiioner, Makes Suggestions ' . as to Course. The school of commerce of the TTnl- verplty of Oregon is making a survey of the wool situation in Oregon with a view of finding out how the indus try in affected by competition from foreign countries. The aid of Charles Coopey, wool commissioner of Oregon, has been asked. Mr. Coopey has. written the' school officials as follows: "I shall be only pleased to cooperate In any and every possible way. as I want to see Oreiron develon. not nnlv i her wool industry, but also develop a mgn grade woolen ana worsted man ufacturing Industry, for which she is so well adapted. I want to congratu late you and your'department for tak ing up this subject, a subject of so much importance to not only Oregon, but to the United States and the world at large. I would add that we car. easily obtain for you the amount of wool grown in Oregon this year and obtaln for yu the amount of Oregon wool -that la consumed in the mills in Oregon; the mills themselves are th only ones that can tell you that a e ,u i ...v. . in, v, .h,. v, "I am suggesting a few questions that you may put to the mills and If they answer you, you will then get the Information you require. "Firet. how many pounds of greasy wool, as it comes from the range, have they manufactured into fabrics for the last 10 years? Giving the amount lor each year. "What was the shrinkage of this wool? "What amount of this fleece wool was grown in .Oregon? "What amount of California wool? "What amount of wool from 'other states? Giving the names of the states. "iat amount of cotton used?. "What was the weight of goods they manufactured? "Tho mill Is the. only one that; van answer these questions. "It is really refreshing to see that there is someone in the state ready to take an interest, in this great indus try; an Industry that should mean so much to nsi We have climatic condi tions and soft water about equal to the best in the world. These things are 'essential for the manufacturing of high grade goods, and-yet. what la tike reason we have to send our money either to the eastern states or to the European countries when we want an A-l fabric? "The wool situation of not only America, but of the world, Is a very serious one and has been growing more sesious for a number of years. The wool cup tna world -na6- ien oa- reasinz , and tnis ia a very seriotm matter, and a matter that we should lock irUo and find out what itf the J know the cause' we can begin to apply u""'. ui. u.tH "" 7 a remeay. - -: - , -. i would suggest that your organiza ion institute some kind of an- inves tigation to gather this information or call a conierence or rtitterent parties interested in the industry and let us endeavor to find out what has been the reason that the sheep and wool industry has been steadily declining year after year. This is a subject that has to be laced ana wny not 7 once more let Oregon be in the lead, knd let Kugene university lead Oregon, en deavoring to find to what extent and wny tne wool inaustry nas aeciinea. "I received a night letter from Chi cago the other week asking me to appeal to our governor on this matter. "Now that we are talking, of con serving our resources, look at the vast acres or. lana lying waste in uregon that could be feeding millions and mil lions of sheep, and grass is only wool and mutton in the raw state; grass is only rawhide and beef in tne raw state. . Put the cattle on the land and give them the grass and they will do the rest." AMERICAN LIVESTOCK PRICES Chlcstre. Oct. 20 (I..N. S. Hors eloaed wita. a set loss ot fS.OO'to S2.25 per hondred- weight for the week, S15.00 to $16.00 taking the bulk, with a $10.75 top. Supply showed a welling disposition everywhere. The freak decline was 85c. Thousand! of cattle were carried over, that market being demoralized. A heavy run is in sight for next week. . , Live mutton trade was steady, and in rela- tlvsly better condition than 'either cattle or hegi. Chicago Hors S1S.7C Chicago. Oct. m. (I. N. 8.1 nnn-Riu celpts 11,000, slew. 203250 lower. Mixed and batchers, IH.WUia. i5; good heavy, $14. 0014 18.0O: roflch beary. 14 HOttls in- Uvht fl4.6Sl310-25: P'gs, 10.SO(ai4o; bulk. 15.od frio.ao. Cattle Beeelpfs 2000, weak. 5c lower. BeeTfs. $6.75il7.10; cows and heifers. $4.75 erii.Bu: Btockers ana teeaers. xtt.ooi7ii 4-- Texsna. $S.9313.6d: cslyes. $9.0010.00. Sheep Receipts X500. weak. Native and western. ew.uoeiz.o: utOM. HJ.TOf 18.00. t iieovei no -ij..oo Dener, Oct. 20 U. P.) Cattle Receipts, 1500. Steady. No quotation. Hoes Keeeipts. 200. 25e lower. Tons. $17.50 (two loads). Sheep Kecelptn. 800. Steady. Ewes. $10. SO (gij.uu; lamnft, ii..,imio.ji. Omaha Hogs $16.00 . Omaha, Oct. 20. 1 1. N. S. ) Cattle Re ceipts 1KOO. steady and unchanged. iicgs neceipts sauu. Blow to Zoc lower. Mixed. $15.:H51.00: good to choice heayy. $15.(Sfl0.O0: rough heary. $15.23 15.60; iijrnt.. -id.zd(sio.uu; pigs; J1I.WJI1j.W; bulk $13.00(S15V75. Sheep Beceipts 3000, stedy. None on sale. Kansas City Hogs $16.70 Ksneas City. Oct. 20. (I. N. S.) Cattle Receipts 1300. sSles slow and scattered at steady to wesker prices,- Nothing good. Hogs Receipts 1000. strong to 25e higher than the low yetterdsy. Top, $16.70; bulk, $15.50S16.00: besTies, $16.40310.70; medi um"!. $16.80-318.60; ItghtH. $15.25gl6.23. Sheep Receipts 1000. No trade. POTATOES ALONG THE COAST Seattle Market Seattle. Oct. 20. (0. P.) Onions Califor nia yellow, pound, 3c; Yakima. 2e. Potatoes IjocuLb Neww, $40.00(850.00. Lot Ao jeles Market y Los Angeles, Oct. 20. (I. N. S ) -PoUtoea, Northern Bnrbanks $2.73tX10: rosaets, $2.60 2.70; rurals, $Z402.45; sweets. $2.65 M 25. San Francises Market San Francisco, Oct. 20. (V. P.) Onions Brown ot yellow. $2.4O2.60 for good stock. New potatoes Delta ll.GOil.RS per cental for choice; do fancy. $2.00(32.13; do So noma, $2.00; do Salinas, $2.20; aweeta, 2Q 3c per pound on the street. , . New York Briik Statement Newport, Oct, 20. (1.- N. S.) Bank state meot: ' " v Average Loan increased f St. 813.000; , -demand deposits. Increase; $54,725,000; time de posits. - increased, $5061,000; reserve, de creaaed'. $25,983,320. Aetuai Loans, increased $14,171,000; de mand, deposits, decreased. $31,326,000: time deposits, decreased, $3,102,000; reserve, de creased. $2,983,320. Wheat Costs Vary Muck In Seasons and Places i TVliat does it cost to produce wheat? - The question is about as compli cated as there is a difference in the an s warn. .'! t Locality. . Tclimatio conditions, and many other factors add -to, or force a decrease in the total cost of produc tion. Then apain there is a seed; coet which varies from year to year, -t -Recently an eastern concern issued a bulletin aa to the cost of -wheat paaa ductlon, but most of the data ve eented Vis : old " and - conditions have varied greatly since then. ; " . Claim is made that the actual cost of producing , what in- the -Pacific N'orthwest in 1903 was 24 centa per bushel. Thia was reported aa the total cost ' in that year, but such figures would be sftterly out of line at this time. For instance the cost of producing wheat varies so much la the different sections of the Ujolted States during the -same season, that it would be im possible to secure a correct report .on what the cost would be for a seriea of years. In 191 the cost of production of wheat In Argentina was placed at 60 to 60 cents per bushel, according to locality. ' In 1900 the estimated cost of pro ducing wheat in Minnesota was 64 cents per bushel, in 1914 it was placed around 65 and 66 cents, while in 18S0 the cost was down to 35 cent per bushel. " " In 1903 the cost of production In Kansas was placed at 26 cents per buahfll. while a year previous the esti-: mated cost was 37 cents per bushal. in th same Tear the cost went to 46 cents ner bushel In the Red river riintpv 1 The American Wire & Steel Co. crop etnerto hhv farminc has never had the advantages possessed by the big business enterpriser there never has hecn the need of knowing. Now that the world is In convulsions, and our country is fast drawing near to the awful maelstrom, demand-is made for cost of production, and these coats are not forthcoming. The world war over and we must enter international trade, and we must be preparea wnn pnst fis-ures fo the last farthing. Before cost figures worth the paper nr. nhKh thev h re written are pro duced, it is necessary to obtain a clear conception of the part capital piays m farming, ana its jusi rewaioa. nation to see there is a difference in capital in use. A capital is used up by once using, or It may be used' over r Grain Markets in A' Steady Position In the Northwest Prices In the Country Are Prac tically Unchanged; Eliminate - Wheat Congestion. There was an erratic price range for coarse- grains on . the Portland Mer chants' Kxchange during the week but trade and "price "conditions in-the in terior of the Pacific Northwest were steady. . , Movement of oats -and barley was not si active. There is oniy -a -very small per cent of the "barley crop of the interior now held, by - farmers and this cannot be purchased at prevailing prices. v . , , - On the -other hand oats holdings are nnt heaw but the bringing in of rather liberal supplies from 'the east have' created a more maepenaeni . aii-cuu among cereal buyers,; ; Tl'' . - congestion or wneat at loBsttioi, f i Ti 11 p Put alter a coniere-ce uv- r. IT Hn!A. urent of the I jooil admintsT-rauon gram, corpojativu, and the railreade. it was believed thai. the trouble win soon ne itmnaiiwi. - Notwithstanding all the previous talk of milling interests that stocks of milisturts were piling up, u.aevBi oped during the week that orders were not yet being promptly filled and that tne margei insieaa oi snowing ut cline, was Inclined to strength. lay market was ratner quiet witn prices unchanged. in Ll bA l qcw crup, ittDc.tciu, ..v... j fold. S2.03: club. $2.01: Kussiao, $1.83, tide- water track basis. FLOUB Selllne price: patenv sio.ao: wu Uirette vaUey. $9.80; local straight. $9,400 0.80; bakers' local, $10.0010.20: -Montana spring. $11.0011.20; exports. $7.50; whole wneat, aio.w; rrauam iv.w, , $10.73 per barrel. HAY Riirinr orlee. new eroo. Willamette timothy, fancy, $24.00(325.00 per ton; Eastern Oregon- Washington incy uaroiuj. ';; falfa. $24.00025.00: valley vetch, $22.00Q 2U.00; cheat. $22.O0?23.00: clover, $22.00 per Un, grain, $22.0023.00 per ton. GRAIN SACKS NomonaU No. 1 Calcutta. il . t a v int. ! mMinti hieher. . ILLSTUFKS Selling price: Bran, $30.00 ft?)31.00; shorts. $33.00334.00; middlings, $41.00 per ton. . ' ROLLED OATS Per ton. $35.00 ROLLED BARLEY Per too. $55.00a7.08. CORN Whole. $83.00: crscked. $34.00 ton. RYE Buytog price. 70 per ton. Merchsnts Exchance October bids: , OATS Week Sat. Frl. Thars. Wed. Tues. Hon. "ago. 1117 1916 191 I'm A 4900 3073 4000 4850 4S00 4SC0 4900 . 4900 BARLEY 4O0 W500 4900 4900 4900 4900 4900 4950 5000 3750 5000 5000 6000 6000 6000 6100 Futures were quoted: OATS NiTember BARLEY November feed November brewing -- Eastern corn and oats in bulk OATS October No. 3 white October 88 lb. clipped November No. 3 November clipped CORN January No. 3 yellow Jinniary No. 3 mixed Fi bruary yellow rcbruary mixed 4000 4900 6O0O 4300 ....4400 .... 4K00 4450 ..... B060 .... 5000 5000 4925 COTTON GAINS STRENGTH AFTER EASY OPENING New York. Oct. 20. (1 N. S.) Despite the fact that there were most unfavorable crop weather conditions in the south, the cotton market today opened easy. December and January were 1 point high, but the later posi tions showed declines of 5 to 17 points. Moderate eoyerlne In the late -forenoon caused some reaction. Offerings increased, and the peneral tone was heavy. The close whs steady at a net advance of 1 noint to a decline of 25 points. Ooen. Hiffli. Low. Close. January .. February . March ... April ..... May June July ..... August .-. October . . ....2722 2722 2079 63 26S1 2&0 2670 2053 2820 2760 2690 2673 26601 2S20 2655 2648 2650 2800 2tt69 26S9 2658 2650 2650 2590 271 November December 2709 2700 2720 2729 NEW ZEALAND A MARKET " FOR PACIFIC COAST EGGS A market for western fresh eggs has been established in New Zealand. Recently 100.000 dozen eggs were landed 4a Wellington from . s Can fornia. and sold readily in that mar ket at 64 cents a dozen. There is no further present demand for fresh entrs. but there should be a good open ing about May and June next year, the oil season here. . . San Francisco Grain Market San, Francisco, Oct. 20. Cash grain: Wheat fxtf'hanaed. Barley No. 1 feed, $2.402.42t4 : do ship ping. J2.40i32.45. t o. b. Interior ahipptng points. ' ... , - Oats Per cental New red feed. $2.0OQ z.io; ao eeea graae, J.iuiai. v f . - . ... and over again.. '.The . first" kind of capital is used up and appears in new lorai oi gooas; xor example,- manure, fodder, seed. The . second kind of capital persists on use; for example, the bouse. land, plow.- According to the rrslt attached to the use of these forms of -capital they . receive reward ; tne greater tne- risa titer- greater tne reward. Capital indeed, fodders must be -rewarded with j, a greater rata of interest than capital In land. .. . . The earning:' of -capital most l) 'r fleeted in the - Drice of producing goods.- " - - . From the point of view-of capital for Producing purposes, the-means of production may be classified aa fol lows: . ' " A. Iand and buildings capital. B. ..Working capital: ' 1. Fixed capital: .- (a) machinery, fb) -tools, -. (c .' cattle,;' (d) draft animals-, (e) man labor. -' . : 2, CirctUating capital: ' a) cash, (b) feeds and fodder, c fertilizess, (d) seed, (e)' household' food, f fueL These Items enter into the-cost of producing wheat ' and must receive consideration in arriving;, at a rcost iigure. - With the limits 'ot capital roughly indicated, another subject may be ap- that may - be Included under the terra ) of inventory; Cost of horse hours. . Cost of man hours, - - Cost of marketing. , Cost of- artificial fertilisers. Value of manure' produced on the farm; -barn manure, liquid manure, composts. Value of residues from preceding crops; clover stubble.. . - All these items enter into the cost of producing wheat. ' Capital in land Interest, taxes. Capital in buildings (a) interest, (b) sinking fund, (c) repairs, (d) In surance. . Fixed or inactive capital (a) inter est, (b) sinking fund, (c) repairs, (d) insurance, - Current operating capital '(a) In terest on- seed, interest on -fertiliser available in the ground from preced ing crop, interest on. artificial ferti lizer, (b) seed, e) . manure,-artificial manure, (d) binding twine; (e) labor: 1. plowing; 2, harrowing and rolling; 3. preparing seed and sowing: 4,' har vesting; 6, threshing and cleaning grain; (f) Insurance, (g) superintend ence. Chicago Market Is Lower for Products; In Closing Session Corn and Oats, Close With Sharp Losses and Provision Trade ' Is Demoralized. Chicago, Oct. 20. Entire coarse grain market showed a weaker tone for the day. All through the list for options prices were lower. At the closing of the session declines of Vt to lc per bushel were shown for corn, with oats 4?c a bushel below finals of Friday.- Trading in the grain market waa of very small volume, and the profes sionals made their own prices. Further sharp losses in the price of live hogs In the. yards brought demor alization In the swine-products trade. Pork was off $1.102.0 for the ses sion-lard dropped 60,66c,' while ribs were $1.15 lower, than Friday's closing. Ing. ' ... '. . :'' ' -j -:;.?- Chicago rsrise of prices furnished by United cress: .CORN - Open. High. liow. Close. ... 115V4 I, 115 114 11414 ... 110 liO 100 "109 14 ... iioh noK 109 u OATS ' 68 68H 68H 68 684 ... 60 60 69 69 PORK ... 4190 ...' 4015 4015 3800 3800 LARD ... 2400. 2410 2360 2360 . . . 2397 2400 2S50 2350 ... 2137 2150 2090 - 2100 RIBS' .... 2120 2143 2040 2050 December January stay, . , October . . December May October . . January . , October . November January . October . Onions Selling at $2.50 in the Valley Sales Are Made at Well Maintained . Prices During the' Week " Some Going East. Sales of a number of carloads of onions were reported made during the week- by' W. I. Swank, general sales representative of the confederate On ion Growers' association: Carload lots of Oregon stock were sold at $2.50 per -cental, r. o. t country shipping points. rf Some sales were made- to eastern markets, but the bulk of the transac tions were for Pacific northwest cen ters. 5 An extreme shortage of cars for loading- a arawDaca in m axing a greater volume of sales. INCREASED USE OF POTATO FLOUR BY THE ENGLISH The British food controller author izes an addition of one pound of pota toes for every seven pounds of flour in tne manufacture of Dread, accord ing to a cablegram ' received from United States Consul General Skinner at Ixmdon. BANK STATEMENT OF COAST Portland Banks Cteariucs This week. Tear aro. Mondsy $ 6.760.689.20 $ 3.735.787. CO Tuesday 4.1U688.99 4.2&9?177.0a . 3.448,764.50 3.438.069.66 . 2.840.038.04 Wednesday Tl'Crsday , 4.392.663 47 Friday ... 4,019,956.99 8.428.96.54 a.lt.280.77 Setcrday . 2.756.991.13 ftat- Clearings . Bf lances . Cleeringe . $26,266,972.21 $19,338,931.70 Seattle Banks .' $ 4.526.521.00 , 1,289,010.00 Spokane Banks $ 1,342.228.0-) ' 117,333.00 Tacoma Banks Balances . Clearings . ....$ 612.518.0b 64,559.00 . Baa Francisco Banks Balances , Clearings . Clearings . . .$17,331,053.00 Lea Angeles Basks $ 4,808,467.00 New York? Metal Market New York. 'Oct. 20. (IK. S.) Copper Unchanged Spelter Qnlet. -Spot, 88: and December. 88e. Kovember Mexican Beans Ruined Vice Consul William P." Blocker of Piedras Negras, Mexico, wires from Eagle Pass, Texas, under date of Oc tober 8, that report from Torreon ad vises frost in the mountains of Durango, indicating that the baan and late, corn crops are os$royedV . '.,.--..." Eastern Grain Markets " St. Lonla Corn closed. Peeelnber. $1.08; May, $1.08. Oats. December, 68e. Kansas City Corn ctoeed, Msy, f 1-08. Otts. December. 68c: May, 0e. - Minneapolis Oats closed,' December,. 67 c; Mey. . 69c. Winnipeg Oats closed, October. 67f; De em: ber, 64c; May, 67c. v A FAILURE Jute Bags High and Supply' Very Short An extreme shortage1 f Jute for bag making and sharp ad-. vances In the price face grain growers of hsy" Pacific. North west for the coming season. Jute prices '- in'. India have shown . a liberal, advance and ; others " have been cut at least" a third in making jk deliveries. tb,' waiia rwaiia -m nttertiaryj recently-, advanced i its quotation - on jute bags to ; 4. the highest'prfce known, 3tocks ifs of old bags are small. i: ' V General List Has Strong-Tone; New ' -York Is Advanced Stock Market Show. Light Volume - of Trade, bnt Prices Are Gen rally " Shoved ' Up. ; ""New York. Oct. 20. (TJ P.) The ew iw livening sun itnanciai re view today said : Strength of the general list contin ued in today's short session of the stock market, but trading was relative ly light, and particularly narrow in the railroad department. . Kiirly good buying in the steel group and in a few individual Issues was at tributed to pool operations. The loss of an American, transport by submarine did not seem to make any Impression whatever, a circumstance remarked upon as showing Wall street's recovery, or partial recovery, at least, from the recent severe attack of nerves. Range of New York prices famished by Over beck Cooke Co.. 210-217 Board of Trade bnlldlng: l rex 'It i Kl ION Alaska Gold American Beet Sugar..'. American Can, e American Car Fdy.. c. American Cotton Oil, e. American Linseed, e American Loco., c American Smelter, c. .. American Sugar, e American Tel. A Tel.. . . American Woolen, e... Anaconda. Mining 00 Atchison, c. .......... Baldwin Loco., e Baltimore A Ohio, e 4 42 68 3 74 67 . .3 74 42 68 29 24 59 88 24 . 5.8 86 24 60 89 107 116 43 65 24 68 88 105 115 1 106 115 115 43 63 94 58 58 85 57 19 14 45 63 43 64 94 94 94 1 58 08 57 61 57 ueouenem steel Brooklyn, R. Transit...-. Butte & Superior Calif, Petroleum, e. ... Canadian Pacific Central Leather, e Chesapeake it Ohio Chiesgo Gt. W. e... Chicago, M. t St. P.... Chicago & N. W.. c. ... Chi no Copper Colorado V. & I., c Cons. Gas Corn Products; e ...... . Crnelble Steel, c Distillers BT 85 86 67 19 01 66 19 14 150 77 62 8 49 100 44 39 91 29 60 39 19 137 42 29 lOOli 19 14 150 70 14 130 131 76 52 48 78 02 62 8 48 103 43 3:1 8 40 103 43 39 OO 29 07 4 80 19 103 44 40 92 30 29 7 89 40 39 Erie, c. .- General Electric ...... Goodrich Rubber Ot. North.. Ore Lends.-. at. North., pld Greene-Can. ......... . Hide A Leather, c Ice Securities Illinois Oentrsl Industrial Alcahol Inspiration - .'. . Interboro. e. ; Kcnnecott Copper Kan. City Sonthery, c. Kelly Springfield Leckswrnna Steel ..... 19 1 136 J36 130 "28 28 29 100 100 100 as . 12 38 12 88 12 38 12 12 100 117 118 117 46 33 43 43 83 43 81 69 83& 18 43 81 60 uecign v aney .... . w. Louisville Ifashvllle, . Mcxwell Motors, e , Mexican Petroleum ... . 118 32 86 SI 27 80 31 i 83 31 46 Min mi Copper ; Midvale -Steel ; .-. . .... Mo... Kao. &- Texas. , Missouri Pacific National- Lead ........ Nevada , Cousoltdate'd. . , New Haven New Yerk Air Drake.. 46 "27 . . . 28 19 28 27 18 28 18 28 123 1ZS' 123 New -lork Central . .. 73 74 73 73 20 N. Y Ont. Western. Norfolk Weetern, c 10T 107 107 107 jonnern r acute ... Pnelfie Mail .. Penasylvanla By. ... Peoples 'Gas Pittsburg Coal, e ... 96 '25 60 40 4fi 69 87 25 V. 60i 68 23 42 96 25 50 40 46 9 25 60 22 42 tressed steei Lar, c Ray Cons. Cooper .. as 22 42 79 22 Railway Steel Springs. 42 Kesoing. e .......... Rep.-Iron ft Steel, c. , Rock Island 75 76T! 79 SO 22 22 22 Sears, Roebuck A Co. 155 Sha truck Studebaker. e Sloss Sheffield ...... Southern Pacific .... 19 424 90 28 13 38 89 80 27 13 42 41 BO 28 V. 13 38 39 8 Southern Railway, e. Tennessee Copper . . . Texae Oil Texas Pacific 13 145 149 145 148 12 19 Tbrrd Avenne Cnlon Pacific, c 123 124 123 124 United States Rubber, c 09 06 82 "82 88 4K 23 United States Steel, c. Vtah- Copper Virginia Chemical, e. . 106 80 33 89 42 107 103 84 H2 R2 89 W. U Telegraph 89 3 Westingbouee ' Electric. If Willys overiana 23 24 23 Wool worth ..........'.., 118 Total sales for, the day were 406.300 shares. Wool Market Firm And Bather Active Boston Trade Shows Sales of West-' era Fleece" at Well Maintained Prices During Week. Boston, Masa., Oct. 20. Domestic wools continue to be strong and as ac tive as the limited stocks allow. More purchases for government account have been made. October 27 purchases by the United Slates will be suspended until further notice. A considerable volume of both foreign and ddmestio scoureds have changed hands during the week. Some choice domestic scoured lots have brought as high as $1.70. Among the sales were 50.000 pounds of Soda Springs quarter bloods at 70 cents, 25,000 pounds Soda' Springs low quarter blood at 66 cents, 50,000 pounds original Montana at ,ob cents, 20,000 pounds original Arizona"" at 60 cents, or $1.70 clean; 100,000 pounds fine and fine medium territory at $1.70 clean; fine medium and half blood woo! of the French combing order on the clean basis of $1-70 to $1.75; -Soda Soring quarter blood at 70 cents, and Wyom ing quarter blood at 68 cents, both costing about $1.30 to $1.35 clean, and three eighths blood territory at 70 cents, or i.tu clean. Scoured values of territory wools are firm, with quotations $1.80 to $1.82 for j-iiic oLaie. ti.iu to .ex. i a ior nair blood staple at $1.45 to $1.50 for three eighths blood staples, $1.25 to $1.35 for quarter blood staple, $1.65 to $1.75 for fine clothing. Receipts for the week were: Domes tic, 4,219.921 pounds; foreign, 308,285 pounds. lACK OF BEES . CAUSE OF SHOBT FRUIT CROP That a famine exists in the supply of bees in the . Pacific Northwest and that fruit crops are adversely affected by this shortage, is the assertion of R. E. Powers, a bee' expert. Crop ex perts generally agree with him. : . " Chicago Dairy Produce " . Cbleato. Oct. 30, fi. N. S- B&tter Be ceipts 6608 poonds. Creamery, extra, 42e; ex tra firsts. 41Ct41c; firsts, 3940c; pecking stock. S3a36c. . ' t ;. Eggs 3240 eases. Corrent receipts. 3SO 87e; ordinary firsts. Sft30c: firsts. fSHUQ 87e;v extra, 414i42e; ebecka. 22 (g 28c; dirUce, 22Q28C- .-. i - Edited by HymaruH. Cohen CATTLE STRENGTH IS DEMAND VERY KEN North Portland Gets ; 910.23 for Fanry Steers and Demand Is Better 5 Than Off erlnjjs -S wine SitnaUon Boies Weak. : ; POETLAND IJVEKTOCK RUN .-- Hoes. Cattle. Calves. Sbeen, This week 67 12 330T W6 4012 last week 8130 2.'8 P-evtoas week.... ftS21 3620 Month ago ....... S&tO Year ago 0025 2227 Two year ago. . . . 8530 1W7 Thtee years ago,., 7271 ...-144T Four jear ago., . j 1882 161 6810 13 211 180 3JO0 118 " 8316 M 8086 23 ' . 6758 ' ' 2338 GreAT!' strength In the cattle market waa the dominating feature of - the week's livestock activities at -North Portland. Steers sold up to $10.25 dur ing the week and there was a demand for more bf Chis quality stock than was available. Sales of cows at $8.60 during the week indicated-that the de mand tor arootr cattle- had not-been mo- lested in the slightest degree by tne designation of meatless days by fed eral food of ficials. In .facV according to a message from Montana lUwas the wish of .Herbert Hoover that livestock prices remain sufficiently hieh to en able producers to make .good profits and thereby increase their holdings. There were rather liberal -offerings of cattle on the North Portland market during the week but sales were made at advanced prices despite this. General cattle market range Best beef steers Good beef steers .$ svsnaiA.n . 8.000 B.23 Beet beet cows Ordinary to good covra "Bt heifers Bulls Ctlves Blocker and feeder steers . 7.00' 8.00 - 4 00 6.75 . 7.00 8.00 . 4.0W9 A.73 .B.0OV 8 0O 4 0CQ 7.2S - Kog Karket Zs Depressed All over the country hog market prices were depressed during the week. The Drice losses at North PorUand were generally less serious during the six days than were Indicated at other leading socayara centers 01 mo United States. Sales of hogs were made at the start of the week around $17.35 or 15c lower than closing values of the previous week. Several sales were made later, in the week at this same price but generally Bpeakins the top after Monday at $17.25. Then again the market weakened and sales were no higher than $17.10 for carload lots and $17 was considered tne ex treme top on Thursday. On Friday .sev eral lots went at the same price but th general market ruled weaker. Local buyers were not inclined to bid above $16.50 because at the same time Chi cago was not quoting above $17. General bog market range: Prime light $16.23316.50 Prime henry I.oor,tl0 25 Pigs 14.004114.50 Bough and Heavy 15.0015.23 ' ' Mutton Continues Strong Market" for mutton and lambs con tinues of strong character at North Portland. Lambs continued to sell at $14 for best quality available In the local yards during the week but there was not much' stuff offered on the local market. . Heavy sales continue to be mane to the east, and shipments in that direc tion are - increasing, causing some weakness) at. certain points for offer ings. ' ' General sheep and lamb range: Western lambs $13.5014 00 Villn lambs 12.75tftl3.50 Ynrlhin ... 11.73612.60 Wethera 11.5012 50 Ewss .... oiOMioxm Money and Exchange Kew York. Oct. 20. (U. P.l Bar allver. New York, 82e": demand eterllng, $4 76.I7. London. Oct. 20. (I. Jr S.) Bar silver Is off d at 42d. MEAT IN ALSACE AND LORRAINE CHEAP NOW Farmers Likely to Get Noth ing in Long Run as They Are Paid in "Certificates," With the French Armies. Sept. 30. (By Mail.) The cheapest place in the world today to buy meat is precisely where the ordinary mortal might con- aider It the dearest namely, in the German occupied portions of Alsace and Lorraine. While meat in all other portions of Germany is selling at an average of six and seven marks a pound, it Is being sold, on the orders of the Ger man government in Alsace and Lor raine at 10 cents a pound. The in habitants of the two provinces are allowed to have it in any reasonable quantity, and he great bulk of them nr now buying and eating more meat than before the war. While the motives f the German government in this matter are quite apparent. Swiss investigators who have Just reached France, declared that the ultimate effects upon both the population and the meat supply of the two provinces will be- disas trous in the extreme. ray la Certificates Under the system the German mill tary authorities purchase from the farmers of Alsace and Lorraine all of their Mvestock at a very high price. giving them in payment a govern mental certificate, which, up to the present time, however, none, of the farmers haa succeeded in cashing. The animals are then turned over to the local butcher who must kill sell, and account to ti military au thoritles for every pound. His report must provide for the disposition of all the meat at 4.wo marks a pound, which is the price establisheJ for those who are wealthy enough ' to pay it, and which is still several marks below the prevailing price in the rest of Ger To the poor, however, the meat Is sold for 30 pfennigs a pound, and the difference between this and the two marks is charged by the German mill tary authorities to the municipal treasury of each locality. In some of the larger villages the municipal au thomies are thus obliged to pay several thousand marks every week. , ultimate Sata raced Iniqultious as this -is from .th standpoint of "high financing Swiss investigators declare that it is by no means the worst aspect of - the cane. While the less than cost price at which the meat is being sold - to the poorer neoTle Increases, the cons u motion far above nofrnal, the peasants and farm era, tempted by the high price which Is paid them by the military authori ties in certificates, are selling all of their livestock at a rate that in a few months must wipe out entirely the entire livestock of the two provinces, and completely ruin that Industry, NOT AB E FACTOR HIGH FINANCE' MAKES FINANCE, TIMBER, INDUSTRY REVIEWED Froductloa Apvroacfaiaff VoraiX The weekly trade barometer of the West Coast Lumbermen's association shows lumber production to be approx imately 20 per cent below normal. This is tne highest point in production reached since the labor trouble which occurred.ln early July and continued wrougn August and September, The average production -per mill for the week was $37,000 feet- The average snipments per mm for the week were 42M8& feet. The average orders per mill for tha week were S8S.041 feet. New business from eastern rail terri torrv amounted to 1413 . carload - as against "shipments to that'terrttorr of e carioaasf, ' leaving an - unshipped balance of, business for transcontinen tal, delivery amounting to 9011 cars. Local business continued -very ' satis factory with; new orders amounting to 8.847,574 feet as agaisat local-deliveries amounting to 7.811.895 feet.-In the cargo,, trade, new' business amounted to 6,ai5,l0 feet and in the export trade 1,800.000 - feet.' Ship ments I Tl tK rt WrfrA ftaif mA.mtA.t tA ra047iOlr,:fee4fdr- coastwise delivery ana l.osz.uts reet Tor export delivery, bog-glnf Congresg Attended. A number of Oregon men connected with the logging industry served on the pro gram of the Pactfio Logging congress. held In Seattle the last three days of last week. The convention was one of the largest the organiaation has ever held. Engineering problems of the industry and such matters aa acci dent prevention and the : conservation of food in camp cook houses were dis cussed.. George M. Cornwall, editor of the Ttmberman, was secretary of the congress, and had charge of the head quarters at the' Hotel Washington. Among the Oregon men heard from were J E. Buckingham of trta Baldr win LiJcomotlve works, Portland, who spoke on gasoline loco motive in log glng; R. J Donald of the Valley A Sl leta Railroad company, who spoke of railroad construction; John P. Van Ore del of -- Oregon Agricultural college, who spoke on logging engineering snd university training; A, H. Powers, of me omitn-f owers Logging company. Powers. Or.; p. J. Brlx of the Brlx Logging company. Astoria; George T. Gerlinger, Willamette Valley Lumber company, Dallas; J. S. O'Gorman, Wis consin Logging & Timber company. Portland, who spoke on conservation of food in log1nr camps: W. C. Ruegnitx Bridal Veil Lumber company, Portland; W. Hill of the Holt. Manufacturing Army Grows ol,501,422SinceJune, 191$ June 30, 1916. Actual war strength of army, 5025 officers, 102,618 men; total. 107.641. jTJnder ' stimulus of activity on Mexican border enlist ments in regular - army in July. 1916, numbered 4096; in August, 2605;v September, 2150; October, 2347; November. 2824; December 3625; January. 1917, 4290; Febru ary. 4852;March, 7442. January 1, 1917. -Actual strength of army: Officers, - about 6125; 'en listed men, 120,262; -total, 125,387. Karon 25. 1917. Secretary of " War Baker called Into federal service national guard units of nine states and th District of Cohimbta. numt berlnt-1 13.000" nren. '"Army- recast! Two new departments createdby subdividing- Eastern department- Uarca 88, . 1S17 Twenty-five . addi tional national guard units of 18 states called into .federal service. MarcJn 30, 317 Four thousand ad- djtional national guard - troops or dered into federal service, making a total of about 56.000. April 3, 1917. War department or dered more, national guard: units mustered into federal service. April 3, 1917. President Wilson, in war address, calledv for selective draft. f April 6, 1917. Congress declared war against Germany. Enlisted strength of regular army on this date was 120.457 and the number of officers 6380. Enlisted strength of national guard was 174,008 snd the number of officers about 7000. A grand total on April- 6 of 307.296. April 21, 1917. Retired of fleers called into active service. April 98, 1917. Congress passes se lective draft bill. May 1, 1917. National guard In fed eral service on this date were 3184 officers and 68,566 men. May 18, 1917,. President signed selec tive service law and set June 6 as day of registration under this law and directed expeditionary force under General Pershing to proceed to France at earliest moment. May 31, 1917. Strength of national guard not in federal service was 4462 officers and 108,631 men. Na tional guard in federal service. 3184 officers and 68,566 men. Grand total of 7646 officers and 177,197 men. June 6, 1917. 9.659,382 registrants reported 7v47.794 white citizens, 953,899 colored citizens, 1,239,865 unnaturalized foreigners from other countries thsn German, 111,823 naturalized Germans, including "de clarents," and 6001 Indians. Ton 10, 1917. Strength of national guard not In federal service in creased to 6231 officers and 146, 744 men. Jane 13, 1917, Cavalry, engineers. coast artillery, signal corps and quartermaster corps of regular army brought to war strength. Call issued for 45,000 men. to complete new regiments of infantry and field artillery, and 25,000 to fill vacan cies in order that war strength of 300,000 men may be maintained. Jans 15, 1917. General Pershing ar rives In France. June 15, 1917, War department an nounces selection of sites fer 1$ national army cantonments. Jnn 19, 1917 Regular army had se cured 121,363 recruits since April 1, 1917. . Jans 31, 1917 President Issues call for 70,000 men for regular armyr Jane 22, 1917 Sixteen companies of engineers of national guard, of 16 states mustered into federal service. July 3, 1917 President Issues proc lamation calling into Federal serv - ice on July 15, July 25 and August 5 remaining national guard troops. July 20, 1917 Quota for first draft of national army, numbering 687,- 000. drawn. . August 1, 1917 Enlisted strength of regular, army was approximately 308,145 and the number' of offi cers 6700; enlisted strength of na tional guard was approximately 377,420 and the number of officers about 7750; enlisted strength of en listed reserve corps was 65,687; , grand total of 7&,epz. August 5, 1917 National guard mus tered into federal service. i - . Angnat 15, 1917 27,341 student off! 1 cers "j" at :t reserva - camps commls stoned ' ,- J - August 15, 1917 Strength f land forces, including 27.341 officers t ; company, who spoks of logging with caterpillars; Charles T. Early, of the Oregon Lumber company, Bateavllle; A. -C. Dixon of the Booth-Kelly company,"' Eugene; W. A. Marshall of the Oregon Industrial accident commission. Balem?, C. L. Wheeler of the land department, of the St. Helena Lumber- company, and Hugh Henry of the Oregon Forest: Fir association. Portland. Ths sIed-4 trie operations in the camp of ths Ads -mlralty Logging company on Puget; sound were viewed by the delegated Saturday. " s .. ? I Yew Directors Elected. The board! of directors of the Lumbermen. Trust company . met at noon Friday - ari elected three' additional directors. The are A.-H... A verlll, president of the Aj H. Averlll Machinery company and th Pacific States Fire Insurance company L. C. Gllman, president of the Spokane! Portland & Seattle railway and- allis4 companies, and C. F. Swlgert; president ot the Pacific Bridge company," and V director in the .-Willamette Iron ."4k Steel Works and the Portland Rall way, Light Power-company. s Th Lumber mens board rae$ on October.! and elected,. F. J. Cobbs' a! director t ' fill a vacancy made last spring ilL Cobbe is president; of ths Valley, A , Siletz Railroad company, the -Fall. City Lumber A Logging" company,' ant - the Cobba & Mitchell company of CatV illac. Mich. The complete board, of dW -rectors of the company now consists of A. H. Averill, P., 8. Brumby, C. li Carey, F. J. Cobbs, L. C. Gllman, Johk A. Keating (president), C F. Swigeri and C. F. Wright of Portland anjl James Danaher Jr., or Csmino, CaL j Slsbnrsemsats to the . Alliet Dur ing the week ending October 44. th . New YorV federal reserve bank dls bursed a total of $130,000,000 to th al lies, $55,000.GQQ being paid to'Great Britain, $40,000,000 to France, $20,000, Ofro to Russia and $15,000,000 to Itali. Ths funds were largely withdrawn. ' from local depositaries. During ths ,. same week the Chicaso Savings Bank-' & Trust company, and the Lafayette South Side bank of St. Louis were ad "mitted to membership in the federal reserve system. In ths same period . the amount of federal reserve notes ' outstanding Increased from I797J63O.O0O to $837,425,000. Against this total of notes, the hanks now hold $580,734,000 of gold and $263,164,000 of paper. The gold reserve against federal resetvs-. notes in attual circulation was about' 75.7 per cent. ' . , w From 107, 641y - " ; . ii - commissioned at training camps and 17y073, recruits gained by armV - between August 1 and 16, brought total land forces to approximately 800.016. ; ... v'-. J An-rost aa, kltlJ. Red Cross, an nounces 45- ambulance companies organised by Red Cross tauaieretr ' Into army medical corps; companies each consist? of 124- men, :" - . AtttTturtr 87, 1917 Sixteen "'thousand, candidates admitted te second of fl- t cars' training, camps. . vcV;. - epteinber -, a,-.. 1917. Approximately 14,407 t recruits 'were secured; for '. army between August 16 -" and ."Serf- - ! tmber 5, which, with the - 800.015 - on Auirusf ,15 and ths firsts ."prr cent of ths first draft oC. 687.000 or the national army ordered to ramrf. brings ths grand y total 'strength of '- America's army to 1,010.522,- wheA the entire first draft of 687,500 hS been mobilized the total: will react ,42 2. New York Banker Has Unique Home. . A . . " -' ' ' V -l. -V ,A L .. .. . wStl has the distinction of giving New York the only man in the entire' length and breadth of . Manhattan Islands who lives below Fulton street. He Is Henry L. Doherty, banker, of 60 Wall street. , - ' V ' Doherty, who started out in life as xe. i i r w xs r r v nn i na arroarai ar s nMimniia a, and who now is a millionaire banker and owner of some 200 public utilities, has a unique home at ths corner of Bridge and Broad streets on ths lower tip of Manhattan island. . ' Across the street is ths old Fraunco tavern, where Washington bads fare well to the troops. To ths south is the New York harbor with Its myriad! of ferryboats. v. j Doherty, an Indefatigable workers xurmeriv unci . m nnmn on Kiv,ri ff drive, but found that after working until past midnight it was a long trlpt home in his automobile. So he looked about for a place in ths neighborhood where he could sleep until ths next day. There are no hotels below Fulc ton street fave perhaps for a,few longshoremen resorts, - so at. last Doherty discovered an apartment In the tenement house at Bridge and Broad streets. - ' The apartment is lighted by a sys tem of flood, lighting that gives added charm to the rare bric-a-brac and costly fitting. A negro servitor acta as cook and general factotum. There is no elevator but the visitor after waia up a liny pair el- stairs Tinda himself In one of ths most tastefully decorated and quiet homes in the clty, London, Oct. 20, According to a' Petragrad dispatch Nicholas Roman' off, the deposed Russian emperor.' passes a great deal of his tiros la piaymg waist. in - pre-war tim- wnisi was one of the most populoa- court diversions in- Russia, and tb emperor had a , special de luxe card, which was made 'or his exclusive use Ovee 1500 narVs nf these lmnri,t cards were- used every year and they cost the Russian government about 17 a pack.,:.;,. - - . . . - . -.- . -:'-'..-' w ; Overbeck j & Cooke Co. - J Stockiv Bonds, 1 Cotton, Grain Etc. : DIRECT PRIVATE ' WIRES TO ALL i EXCHANGES Members Chicago Board of Trade - - ' ' . Correspondents ef Xogaa m Bryaa . Chicago. Nw Tork, . , tls-217 Board -t Trade StoOdta. '