The Oregon daily journal. (Portland, Or.) 1902-1972, February 27, 1918, Image 21

The Oregon daily journal., February 27, 1918, Page 21, Image 21

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Newspaper Page TextTHE OREGON DAILY JOURNAL, PORTLAND, WEDNESDAY, FEBRUARY 27, 1918. 21 OPEN SEASON FOR SALMON FISHING ASKED BY THE PUBLIC Edited by Hyman H. Cohen STORAGE INTERESTS CAUSE OF BREAK THE PRICE OF EGGS One Firm Imported to Have Lost Close to $1000 Within Few Days on Speculative Activities Outside Markets Rule Lower. Smelt Prices Ruling Low in Portland Trade With quit fair supplies of imH Mill earn ing from the KaJama Hear, th local price It ruling vary . Sale war oh own In tha trad hara during tha day at 11 1.60 pap be, tha former fop pro lout day's arrivals, whlla tha latatt offering were quoted at IUIO1.0 generally pap M pound boa. Thla mean that tha wholesaler makat about 20o a box on average of far Ins. -Break In tha priea of sil" locally during tha laat 24 hour, waa dua antlraly to tha action of tba big dealer In trying to lore, value down to tha storage baais. I'urrhasrs of current rrrelpt during tha last 24 hour were made down to 33c a dozen gen erally, f. o. b. Portland, although soma eggl were reported bought as low as 84e. There was rrally ' nothing In tha local trad, that reused tha drop in pries, actios by tha f. o. b. buyrrs being taken entirely aa a result nf the sharp drop in California and tha east nf lata. Efforts of soma of tha wholesalers to forre sslsa in the interior failed during tha day. On, speculative firm is ssld to bare dropped rinse to $1000 within a few days as a result of tha break in values snd its efforts to secure a corner on supplies. Tha general trade la tor that reason very much inclined to go very slow about purchasing eggs eicept when it is known positively where they can be sold. APPLE TRADE IS VERT ACTIVE lirnl activity la shown in tha local trade for apples with a spurt In atrlvala. Prices are showing strength and in soma instances a fur ther fair advance la made In the price. CALIFORNIA CAULIFLOWER POOR Tha cartoad of California cauliflower whlrh arrived In half crates Tuesdsy to compete with tha Oregon stock, has proved very dUapointing in quality. In fact it was "Junk" aa compared with tba stock from Douglas county. I OITXTRT MEATS HOLDING STEADY Steady tons continues in tha market for country killed meats along tha street. Gen eral sales of trip hugs ars at ZlWZIHe a pound, while most sales of top quality calves are shown at -Oc a pound. HIDE TRADE STILL VERT SLOW Vetr- depressing tone is showing for hides In tha . eantern trade since the latest price de rline here and similar conditions are shown in the local market. Ln the meantime tha price of shoes Is at the high point. TALLOW MARKET HAS STRENGTH (ireat strength is shown In the msrket for tallow and greats and in some instances aoap manufacturer, ars offering a premium over , printed figures. Government demand continues siceedingly strong. HBIF.F NOTES OF PRODUCE TRADE Poultry situation firm at unchangsd prices. Hean market in ruling firmer at most points. Onions sre slow am former prices, little move ment. Kheubsrb msrket in slightly off. Vary smsll sales of bops shown around 10c pound. .WEATHER NOTICE FOR SHIPPERS Protect cbipments during the neit 30 honrs againat the following temperatures: Going north. 34 drgreee; northesst over 8.. P. A 8. K. R-, 20 degrees; east to Baker, 20 degrees; and south to Ashland, 28 degrees. Minimum tem perature at Portland tomorrow about 38 degrees. Southern Butter a Weakening Factor In Northern Trade Shortage Here Is Offset by Greater Output and Lower Values in the South. OPEN SEASON PERIOD FOR SALMON WOULD GIVE FOOD SUPPLIES State Officials to Be Asked to Allow Catching of Fish for Fresh Con sumption Would Ktd the Food Ad ministration in Vork. Potato Dryers' Offer Is Low For Potatoes Efforts of dryer, to secure boat quality potatoes at 1( a ton, op 750 pap osntal, f. o. b. Salem op The Dallas, da not meet with much favor from average producers. Regular potato dealers are offering 76c to S1 pap cental at country points for tha same class of stuff, and there la net any brisk of fering below 90c a $1 pap cental. Only tlonal orders for carload lota. Iniini nniirnn mr dIVIALL rAKItltnd Ant EWES While there ha been a wftrfttv nt Hiit, all through the Pacifie Northwest recently and for that reason alone prices have held very firm at eitreme marks, there is danger in tba sit uation at inis lime. California crices have rfnrlmr tha l..t f.w days shown a generally weaker tendency with lower prices, which meana that the product will be coming in this direction soon If any further drop is made in prices there. With tha exception nf thut. whirh ihnv. ing a very firm tone in practically every aec- tion of the country, the a-enerml tendency nf butter prices la slightly easier. Were the local maraet isolated there is no doubt that an ad vance would be forced here, but as out'lrie mar kcta are only aa far away as the freight rata, lower prices elsewhere have their effect upon conditions here. With canned milk weaker and the competi tion of condensariea leaa keen for milk supplies, a lower market for fats Is very likely tot be forced without much delay unless weather con ditions again change. With the season for salmon to remain open bnt one day longer, a strenuous effort Is being made by wholesalers, retailers, fishermen and consum ers to secure permission to allow fishing at least during tha Lenten season when tha demand for fish is always at tta greatest volume. Because of the desire of the United States government to utilize mora fish as a food and thereby save hogs, cattle and. sheep, tha trade feels that tha fish commissioners should allow tha catching and sale of salmon during the season generally closed. Efforts ware made a year ago to seen re per mission to keep tha season open, but state offi cials refused to pay any heed to the emergency demand, and canning interest, won Out by their action. It is proposed by those who ask that the season be allowed to remain ooen on tha Columbia, that none of this fish be allowed to go into cans or i Tear ago. into to rag,. I Tacoma, Tues ine iooa administration will be asked to exert its influence to increase the food supply. 1unng the last day or so there has been a fair increase in the catch of salmon along the Co lumbia. Cold storage interests have grabbed all they could secure in order to tide the trade over during the regular cloaed period. ibis. has forced the price of aalmon to rule at higher figures to fishermen than ever before known at this period of tha year. Substitute Flour So Scarce Buyers Up BUYING BREED IN PORTLAND YARDS Good Demand Is Showf Here and the Call for Feed Cattle Better Than the Offerings Killer Market Is Generally Quoted Steady. PORTLAND LIVESTOCK RTTN Trade Is Moderate In the Oats Pit Chicago Market Quiet in Early Ses sion With Prices Ruling With in Narrow Limits. by Joseph r. pritchard tmcsgo. Feb 27 (1. N. S. ) Barley reached new high prices, millers Uking all the offerings at advances of 5 to 10 cents, with salea at 12 18 0 2.18 for too cradaa. nrl r u. neapolis milling barley aold at 32.16 and fancy seed st $2.20. Other grains were hlaher and firm a rancing S i So, and corn was H e higher for monins, nut unchanged for the near ly. iun corn was uncha and cah oats unchanged Provisions were 20 3 Millers and Wholesale Grocers Un able to Fill Some Orders on This Account. Hog?. Cattle. Calves. Sheep. Wednesday ...... 472 363 2 625 Tuesdsy J 48 89 Monday 1873 10!S 80 440 8aturday J HO' 111 .. 45 Friday 390 109 17 523 Thursday l!90 fi7 . . Week ago a 76 72 1 Year ago 272 46 8 Two years ago 319 73 14 74 Three years ago. . . 490 61 2 ... Four years ago... 545 23 850 NORTHWEST GRAIN RECEIPTS Cars- Portland. Wed. Year ago 3 Season to date. ..3645 4019 Wheat. Barley. Flour. Oats. Hay. 1 8 6 14 1 5 X 251 734 1052 1543 170 1092 1878 1706 Year ago 8 4 1 Season to date.. .3994 74 ... 215 1379 Year ago 5055 108 ... 275 1549 Seattle. Tues .... ... 4 ear ago 12 ... 4 Season to date. ..3758 Year ago 4085 Liberal Strength Shown for Stocks New York Market Firm and Generally Higher During Morn ing Trade. WEAKNESS AT CLOSING New rork, Feb. 27. (I. N. 8.) Early aft ernoon Irregularity developed Into weakness dur ing final dealings In tha stock market this after noon. 8 tad common dropped over a point to 98 S . and 8tudebakep declined 3 points. There also was pressure against Baldwin. Mexican Petroleum during tha early afternoon trading moved up 4 points to OS. New York. Feb. XT. 1. N. S.) There was a good demand for stocks at the opening of tha market and during the Initial dealings gains of from fractions to over one point were scored. Steel common advanced to 07 H and Bethle hem Steel B roue to 82 S . Crucible ad- TJSSl 1nn.r.tea79Vnd I Ho lower. ' ! .Cnion Pacific was the mosj active of the JORItING PRICES IN PORTLAND These prices ars those at which wholesslers aeU to retailers, except aa otherwise stated: Dairy Products BUTTER freamery prints, in paraffin, wrap pers, extras, 52c; prime firsts, 49 60c: firsts. 48 0 49c; cubes, le less; cartons, lo advance; dairy, 8488o per lb. Bt'TTERFAT Portland delivery baaia, No. 1 sour rresm. 04o lb I I'HEKHJ- Selling price: Tillsmonk fresh On to fancy full cream triplet,. 27 (3 27 He lb ; iouni America, 28 (9 28 Ho lb. Price to jobbers: Flats. 25c; Young America. 2 So f. o. b ; brick, toe: limburger, 85c; brick Swiss, 40c lb. EGGS Belling price, case count. 85 36c dos. buying price, 84ft85o doz. : selling price, candled. 87c dot.; selected candled, in cartons, 8 So dosen. LIVE POri-TRT Broilers. 80o; old ronstns, 22a lb.; stags, 23(9 24c: turkeys, 27 0 28c; dreeoed fancy, 32 85c; No. 2s, 27c; equsbs. 18.00 dosen: geese live.. 20c; ducks. 39 40c. pigeons, 81.25 dosen. Fresh Fruits and Vegetables FRESH FRl'ITB Oranges, 83.75(9 6.85 per box; bananas, 6 0 5 Ho lb.; lemons, 87.00 7.40 box; California grapefruit, 33.50 8.75 box; riorida, 15.00 5.75 box; APPLES $1.00 0 2.50 according to variety nd quality. ONIONS Selling price to retailer Oregon, No. 1, 81.600 2.00; No. 2. 31.00; carload price of association. 11.60 per cental, f. o. b. ; garlic, o per lb. POTATOES Selling price: Table stock, Bur bank. 75c 81.25; (ira., $1.25(4 1.83. Buy ing price. IT. 8. No. 1. 80c 681.00 cental, coun try point; swret potatoes, oHc lb. VEGETABLES -Turnips, 8185 per sack; carrots. $1.00(9 1.23 ssck; been, $2.00 -ack; naranips. $1.50 sack; cabbage, local. $3 25a 4 00 est; green onions, 85o dozen bunches; ueupere? 40e lb.: head lettuce, 83c dozen: cel ery, 8590o doxan; artichoke,, 1 1.00 'per dosen; cucumber, hothouse, 81.6001.75 per dosen: tomatoes. Mexican, 82.80 per lug; egg Plant. 17 He lb. : string beans. I ): rhubarb. 10(g) 12 Ho lb.; cauliflower, local. 81.2501.50 rrr dosen ; pumpkins, 1 H 0 per lb. 2 He per lb. Meat, Fish and Provisions DRESSED MEATS Selling price, country killed bast nogs. zitwziHc: ordinary. 19 m 20c; best veal, 20 0 20 He; ordinary veal. 18 0 19o lb.; rough heavy, 18c per lb.; goats, 10 0 12c per lb: lambs. 17 0 20c lo. ; mutton. 110 sprouts, Chicago. Feb. 27. (I. N. S.) The oats market was steady at the opening at prices held within narrow limits. Trade was moderate with commission houses on both the buying and selling sides. Scattered buying later made a fair rally. May oau advancing to 88c. Continued heavy receipts of hogs and n easier market at the yards led to scattered sell ing ln provisions and a moderate decline. Open ing prices were about unchanged from the previous close. Corn prices showed little change from the close of yesterday and there was little activity in the market, .Trading ln February corn Is . prohibited on the Chicago Board of Trade today by action of the Exchange directors. A committee has fixed $1.28 as the settlement price for open contracts. Plana of a special committee for new atu trading in corn have been approved by the board. Cnder the new grading No. 8 mixed and No. 4 mixed containing not mora thn 15 H per cent moisture will be contract grades -No. 4 white and No. 4 yellow will bring 1 cent premium; No. 1 and No. 2 mixed 3 cent, prrminm and No. 1 and No. 2 white and yel low, 4 cents premium. Chlcsgo range, by tee United Press : CORN Open High Low rails, selling up over one point to 128. General Motors was strong, advancing 1 H to 123 H. while Chandler Motors rose one point to 94. American Beet Sugar continued its upward movement, advancing T, to 83 H , and Mexican Petroleum showed the same amount of gain at 94 . Central Leather waa over one point higher at 72 . The copper shares were fractionally higher. There waa active trading with irregular price movements during the later part of the fore noon with the majority of issues showing pro nounced -strength. The Marine stocks were strong features, tha common advancing 1 H to 3 1 , while tha perf erred moved up 1 It to 1 00 Ts . Mexican Petroleum advanced 2 Vi to 96 H and Texas Co. moved up 2 points to 154 H Many of the minor steel industries rose from 1 to 2 points with Baldwin moving up from 78 4 to 80 ft. followed by a reaction of 79 United Cigar Stores waa exceptionally weak. falling over 5 points to U04. Moat of the U. R. issues showed a strong tone. Range of New York prices furnished bv Over- beck ": Cooke Co.. 216-217 Board of Trade huildmg Millers of tha Pacific Northwest are making most desperate effort to turn out substitutes for wheat flour but are greatly handicapped by their Inability to secure cereals. According to leading millers there are such small stocks of barley remaining on the open market at tbia tune that holders are making their own values. ! Wholesale grocers report their inability to ! supply tha wheat flour requirements of some of their customers because of the scarcity of substitutes prescribed by the food administra tion which must be purchased with tha wheat product. This is said by wholesalers to be working a great hardship on many of their country customer, especially in the sections where transportation is at a premium. Trend of the bay trade is steady with no general change indicated in quotations here. FLOCR Selling price: Patent. 310.00: bar ley flour, $12.00: Willamette valley. $9 60; local straight. $9.60; bakers' local. $9.80 010.00; Montana spring wheat, patent. $10. Oo 0 10.80: whole wheat. $9.60: graham. $9.40: lye flour, 812.00 per barrel; oat flour. $13.00 per barrel. HAY Busing price, new croo: Willamette timothy, fancy, $28.00 per ton; Eastern Oregon Washington fancy timothy. $80.00; alfalfa. 325.00; valley vetch. ( ): cheat. 825.00: clover. $20.00 021.00 per ton; grain. $25,00 0 20.00 per ton. GRAIN SACKS Nominal No. 1 Calcutta. 24 25o in car lots; leaa anasunta higher. MILL STUFFS Bran. S3O0 3O.SO: ahorta. $32.00 0 32.50; middlings. $89.00 0 39.50 per ton. ROLLED OATS Per ton, $74.00. ROLLED BARLEY Per ton, $72 0 74. CORN Whole, $72.00: cracked. $73.00. Merchants' Exchange February bids: OATS Week Tues Mon Sat Thurs Ago 1918 INSCRIPTION March May March May . May . May . May July .$1 27 . 1.26 . .89'; . .87 H .48.40 .26.07 .25 35 .25.75 $. 1.27 OATS .89 Hi PORK 48.40 IARD 26 12 RIBS 25.42 25.80 1 28 .89 .87H $1.274 1 26 .89 U .88 48.00 48.02 25 87 25.87 2.MJ 25.65 25.15 25 55 HEAVY TOSE IS SHOWS EARLY IX COTTOX TRADE New Tork. Feb. 27. (I. N. S.) The cot ton market displayed marked heaviness at the opening today and prices were' from to 7 points under last night's close. There was con siderable liquidation by recent buyers. Open. High. Low March 8135 8145 May 3124 3125 July .... 8075 8084 October . . .' 2980 2982 December 2960 2950 New York spot market 2950. 8117 8088 8089 2936 2917 I'OTATOES ALL ALONG THE COAST San Francisco Market Ban Franeiaco. Feb. 27. (U. P.) Onions Per cental Brown or yellow, $1.60 01.75 for good stock. Potatoes Per cental Delta. 18o lb.: beef. 7 H 0 10 He lb. Potatoes Per cental Delta, ll lnfieisn SMOKED MEATS Ilsms. 27 0 83c per lb. ; with one or two brands higher: do. Oregon Bur breakfast baron. 33048c per lb.; picnics, 23c banks. $1.6501.80: Nevada, $1.6501.80. per ID ; cutiaf, ron, ao per 10. ; snort clears, 29 0 83c per lb.; Oregon exports, smoked. 33c per lb. LARD Kettle rendered, tierces. 28e per lb.; standard. 27 He; lard compound. 24 He. OI8TF.RS Olympia, gallon. $4 50; canned eastern, 68a per can, $8.60 per doxen cans; eastern 6ystrs. per gsllon, solid pack, $3.50. FISH Dressed flounders. 6c; steelhead sal mon, 20 0 22c; rhinook, 23c: perch. 7 0 8c; sole. 7c; salmon trout, 18c; halibut, 18 0 22c; black cod. lie; herring. 6c; smelt, 8c; clams, hard abells. 4c per lb.: $2.75 per box; crabs, $1.762.50 per dusen; Columbia smelt. 1 I He jer lb MUUAK Cub. 89.66: powdered. 88.37; fruit or berry, $7.87; D yellow, $7.27; granulated, $7.87 H ; beet. $7.87 H ; extra C. $7 62: golden C. $7.87 per cwt HONEY New. $4.25 0 4.60 per case. RICF Japan style. No. 1. 7 c; New Or leans, head, 9o ; bine rose, 8 Ho. SALT Coarse half ground. 100s. $18 00 per ton: 60s. $16.00; table dairy. 60s, $19.75: 100s, $19 25: bales. $2.45; fancy table and dairy. 82A.75; lump rock. $20 00 per ton. BEANS Nominal. Small white, 18 He; largs hite. 18c: pink. 9e; Umas. 14 c; bayous, 10 c; red, 10 He. Hops, Wool and Hide HOPS Nominal. 1917 crop, 15018c lb. HIDES Baited, 23 lbs. and up, 12c; salted bulls, 60.1b. and up. 10c; salted and green kip, 16 tn 25 lbv, 12c; salted and green rait, up to 1$ lbs.. 21c; green hide. 26 lbs. and up, 9e; green stags. 50 lbs. and up, 8c; dry flint, 26c; dry flint calf, up to 7 lbs., 28c; dry salt, 21o: dry hone hides, each $1.25 01.60; salted hone hides, each. $8.00 0 4.00; horsehair, toil, 25c; horsehair, mane. 15c; dry long wool pelts, 88c; dry short wool pelts. 25a; salted and green pelts January . m.dovh.oo; each; dry aheap shearlings, each, 15 0 3Or; sal tad sheep ahearBnga, each, 23 0 50c; dry goats, long hair, 2&c; dry gnat shearlings, escfc 16 0 30c; dry abort hair goat, each, 9Oc0$l OO. WOOL Coarso valley, 50c: medium valley B5o; valley lmb wool, 4$ 0 50c per lb; extra Oregon fleer. 6O0 65r. v CHITTIM OR CASCARA BARK Buying prios, for car lota, 8 0 9c per lb. TALLOW No. 1, 14e; No. 2, 12e; grease lOn per lb. MOHAIR 117. 4 0 0 800 per lb. Nop. Paints, Oils ROPC sal. drk. 23c; white, 22 He per jb.; standard Manila. 82c LINSEED Ollc-Riw bbls.. $1.49 per galloa; kettle boiled, bbkv, $1.51; raw. cases. 81.59; boiled, ease. $1.61 per gallon; lota of 260 gal lons, Was. COAL Oil Water white in drums and iron barrels, 1V Pr gsllon. WHITE LEAD Ton lots. 12c per lb.; 600 lbs, 12 c. TURPENTINE Tanks. 63c; cases. 76e; 10 as lots, le lea. Sweet potatoes Per cental. 84. 50 m S on n the street. Seattle Mar at Seattle. Wash.. Feb. 27. ( I. P.) Onions, California yellow, per pound. 2 0 2; Yakima, per pound. 3c. Potatoes ixcsl. 827.00 and $28.00; Yaki ma tiems. $25.00 0 26.00 per ton. Lo Angela Market Loe Angeles, Feb. 27. Potatoes Northern Burbanks, $1.60 01.90; Russeti. $1.90: Sa linas. $1.85: sweets, $4.5004.75 sack; Oregon cariy nose, t.. u DAIRY PRODUCE OX THE COAST -Butter Ban Francisco Market Ran Francisco, Feb. 27. (U. P.) Extras. 60 He. Eggs Extras, S8e: firsts. 86c; pullets. 36c. Cheese California flata fancy. 25 He; firsts, 86c; pullets, 36o. Seattle Market Seattle. Feb. 27. U. P.) Butter Native Washington creamery cube. 52c; do. brick, 53c; storage. California, cube, 45c; do. brick, 46c. Eggs Select ranch, 45c; pullets. 42 043c. Los Angeles Market Los Angeles. Feb. 27. (I. N. S.) Butter, California creamery extras, 50c. Eggs, extras, 85c; case "count, 33c; pullets, 34c. Alaska Gold A His Chalmers, c. . Am. Beet Sugar . . 1 A m t ' m n i t lose i Am. Car Foundry, e Am. Cotton Uli, o Am. Linseed, c. . Am Loco., c. . . . Am. Smelter, e . Am. Sugar, e. . . Am. Tel. & Tel. . . Am. Woolen, c. . . Anaconda alining. Atchison, c Baldwin Loco., o. Baltimore A Ohio, c Bethlehem Steel, B Brook. Hapid Tran. Butte & Superior. . t'ali. Petroleum, c . Canadian Pacific . . Central Leather, c . Chesapeake ac Ohio. C, M. ft St. Paul. O. at N., c Chino Copper . . C. F. & I.. c. . . Consolidated Uaa Corn Products, c Crucible Steel, c . D. A R. c . . Distillers Erie, c General Electrio General Motors . Goodrich Rubber U. N. Ore Lands. Gt. Northern, pfd.. Hide Leather, e Illinois Central . . . Industrial Alcohol . Inspiration Int. Mer. Marine. . Kan. City South.. Kennecott Copper . Itckawanna Steel . Lehigh Valley. . . . Maxwell Motors, c. Mexican Petroleum Miami Copper. . . . Mldvale Steel . . . M.. t T.. ... Missouri Pacific. . . National Lead . . . Nevada Cons. . . . New Haven N. Y. Air Brake. . N. Y, Central N. Y.. Ont. A W.. Norfolk It W.. e. . Northern Pacific. . Pacific Mail Tenn. Ry Peoples Gas Pittsburg Coal, c . Close. 8143 8105 3065 2983 2940 ftaa Fraaelaro Grata Market Ha a Francisco, Feb. 27. (U. r.) Cash graia: Barley Per rental Feed. $3.85 0 S.67 : barley haa aold up to $3.60 f. o. b. In the aosintry. ' Oau Far cental Feed, t3.48 0S.8O. Eastern Cash Grain Chicago -Cash corn sales: No. 8 mixed. $1.65: No. 6 mixed. $1.53; No. 5 yellow, $1.6001.61: No. 6 yellow. $1.4801.45; No. 6 white. $1.40 01.55. Oats. No. 2 mixed. 91 c; No. 2 whits. 92 W 93. No. 3 white, 91 92c; standard. 92093c. Omaha Cash corn. No. 4 white. $1,85 0 1.90; No. 5 white. $1.7501.82; No. 6. white. $1.60. Winnipeg Caen oats. No. 2 white. 86 c; extra feed. 92 He; No. 1 feed. 89c; No. 2 feed. 86o. Flax, No. 1 northwest. $3.54; No. 2 northwest. $3.60. Minneapolis- Cash corn. No.' 3 yellow, $1.78 01.88. Oats, No. 2 white Montana. 95 0 06 Vic: standard, 91 0 92 He; No. 8 white. 9O091c; No. 4 white, 88091c. Barley, choice. $1.9902.06; ordinary. $1.78 01.90. Bye. No. 2, $2.5002.32. Flax. $3 83 03.85. Dnluth Cash era. 90 0 91. Rye. $8 87 08 99: arrive. 88.87. Kansas City Cash corn. No. 3 white, $1,95 0 1.97; No. S yellow, $1-7101.73; No. 2 mixed, $1 75; No. S mixed, $1.70. Oats. No, 2 mixed, 87 e. Bean Holding Prohibited W. B. Ayar, food administrator, baa iaroed tha following: : Licensees are prohibited frost camrinsi stock Lnf beans in axeesa of 60 day. Tbia applies to bean grown ln Oregon and Washington, Liverpool Cotton Qaiet r. IJrerpool. Ttb. 27. 41. W. S.) Cotton fu ture opened quiet. : . Spot cotton was eteady today. Price firm. Sales, 2000 bales. Ray Cons. Copper. . Ry. Steel Spring. . Reading, c Rep. I. A S . c . . . . Rock Island Sears. Roebuck Co Shattuck Studebaker. c. Southern Pacific. . . Southern Ry., e. . . . Tennessee Copper. . Texas Oil Tobacco Products. . Union Pacific, c. . . U. 8. Rubber, c. . . U. S. Steel, c Utah Copper Virginia Chem., c. W abash W. U. Telegraph . . . Westinghouaa Eleo . Total sales. 684.200 eharea? Qpn High I txw Bid 1 1 1 1 26 26 26 29 82 84 82 82 41 42 41 41 74 77 73 78 32 82 32 81 82 82 32 82 66 68 66 66 82 83 82 82 108 108 107 106 107 108 107 107 54 55 54 64 64 65 63 63 86 88 86 84 78 80 77 77 52 64 52 63 82 82 80 80 40 40 89 89 20 20 20 20 17 17 17 17 148 148 146 146 72 73 71 71 55 56 63 65 40 40 88 88 94 94 94 93 43 43 43 43 39 39 39 89 90 90 90 90 84 84 83 83 63 66 64 64 3 40 40 89 39 16 15 15 15 148 148 142 142 122 123 119 119 42 44 42 43 28 29 28 28 92 92 91 91 14 14 14 14 95 123 124 121 121 46 46 46 46 29 81 29 29 17 17 17 17 84 34 38 33 78 78 77 7 . . . i 58 29 29 28 27 94 98 94 96 31 31 31 31 45 45 45 45 4 23 23 22 22 53 18 19 18 18 29 2ft 29 29 138 138 135!134 72 72 71 71 20 105 106 104l04 85 85 85 85 30 30 29 29 45 45 44 44 47 48 47 48 57 58 57 56 :.61 62 61 61 24 24 23 23 54 54 63 83 77 78 77 77 80 80 78 78 21 21 21 20 153 17 17 17 17 51 61 49 47 88 88 87 87 24 24 24 24 17 17 16 16 152 154 152 153 6 56 54 54 122 123 22 122 57 57 67 57 97 98 96 96 83 88 82 82 41 41 41 40 8 89 , 89 89 88 42 42 41 41 mm p. P.M. CO. STATEMENT REVEALS A HEALTHY INCREASE Finances' Timber: Industry Federal Reserve Bank Will Look With Dilator t'pon Paper Offered for Rediscount WTien It Appears That Credit Is Being Obtained tor XonEsntlal Eerx Convenience- Will Ba Afforded Essential I a 4 at try. Independence Banker Visit. II. i Hirschberg, president of the Fimt Na I tlonal bank of Independence and of the Independence and Monmouth Railway, n . n e r i n I rOrtiana UaS Ot vOKB UOmpany was a caller on Portland railroad men Balance Shows Net Gain of 20 Per Cent. and ban kern Monday. Mr. Hlrachberf la a firm believer ln the future of nla home town and very properly booata for Independence on every occasion. The big event in that section at this time is the establishment of the Inde pendence Creamery company's new con- densery. A thoroughly modern plant is The statement of the P. P. & L. comnanv for the month of Janu ary shows a net Increase of 33 per cent being installed as fast as the machinery over the same month in 1917. While can be secured worn eastern manuiac Aside from the breeding and feeder stock in I Balance the gross earnings of the company In creased 17 per' cent over one year ago, the operating expenses advanced only 3 per cent. The balance for the month is $45,081 compared with $27,326, an in crease of 65 per cent over January. 1917. Statement for January, 1918, aa com pared with January, 1917: 1918. 1917 Cross $153,062 $130,690 71.783 M.279 45,081 the yards, there was little of interest in the live- T. : . " , January 31 i-uupia ut cars oi Dreea ewes came in iromi 1918 l auioruia auring me asy. in charge of I. 1). Gross . . . $1,669,778 BoLhne. the local commission man. Demand for I Operation.'. '78s!864 breed ewes is keen, but the business is confined Set 88s909 to smail lots, although the aggregate Is good. Balance .. 447,048 Practically all the business is with email farmers who are taking a few ewea to breed. 69,636 61.054 27.828 Increase. $22,872 2.147 20.225 17.758 Statement for the 12 months ending 1917. $1,478,162 763.242 709.909 808.130 Increase. $196,281 22.622 174.000 188.918 The statement of the Portland Gas & nb, AMnn... T ........ .... BKA.. " This means that the sheep and lamb aupply of t , 1 . o , - . ! the future will come from th. .mail farm, and n 20 per cent over the same month 10 241 724 1025 2363 282 1209 1077 3039 not from the raqge, aa up to this time. General sheep and lamb trade is quiet at for mer prices. General sheep and lamb rang: Western lambs $15.00 15.60 Valley lambs 14 60 15.00 TMplinM 1 a AA ait KA Wetbrr .o'nAfiai r'aa I Gross Ewea 10 00 11.00 Operation bhorn aheep 2 to 3o under quotation. Feed Cattle In Good Call Eleven loads of California feeder cattle came Into the local yards all in a bunch over night. For feeder stuff the call at North Portland Is very liberal, tn fact far more so than offerings I Gross up to this time. . In general the killer division of the cattle mar ket is steady, with practically no change indicated in values. 1918 1917 6950 8623 6900 6900 6900 BARLEY 7000 6900 6900 3850 Brewing 7200 3850 6900 G900 6900 7050 6750 7200 7200 7200 Thirty day delivery was quoted: OATS No. 2 feed BARLEY Feed Brewing Eastern oats and corn in bulk: OATS No. 8- White. $65: No Tf. nlinul V. Aa. -li I m a a (JUftM No. 3 yellow. S69: yellow. 869: No. 8 mixed. $68; mixed. $68. March corn, kiln anea, aiu.au. 7330 7150 6950 . . . .6900 7200 8. $65; 88 in 1917. Gross receipts were 21 per cent ln advance of the previous January and the balance shows an Increase of 34 per cent. Statement for January: 1918. 1917. Increase. ...$157,861 $113,869 $23,992 73,852 60,646 13,207 Net 64.009 63.224 Balance 84.281 25.528 Statement for 12 months ending Janu ary 31: turers. Another promising, industry Is a dehydrating plant, being installed in the warehouses formerly used by the llorst Hop company. Vegetables of all kinds will be drief and processed for storage by the new concern. Mr. Hlrsch- berg states that between 1200 and 1S00 acres of vegetables have been contracted for with farmers in that section for the coming season. Another Banker Enlist. Walter W. Knack, teller in the Northwestern Na tional bank, has enlisted in the aviation corps of the United States army and la now on duty ln tUe offices of Colonel Dlsque in the Teon building. Mr. Knack is highly spoken of by the officials of the Northwestern National, and the be lief is current that he will prove equally efficient as a fighting man ln Uncle Sam's aircraft fleet of engineers of the United States army. roruana shippers are alive to the ad vantages which would accrue from the more extensive use of the Willamette, Columbia and Snake rivers for trans portation purposes and the hope Is ex pressed that the McAdoo committee wul visit this section noon. Uncle Sam's Financial Record The credit of the United States was ad high ana unquestionable that in 1900. two years after the Spanish war. 2 per. cent bonds were offered at par and overaub- . scribed. This is a financial perform ance no other nation has ever equaled. United States 4 per cent bonds In 18$$ sold as high an 130 and ln 1901 brought 139 V on the stock market. The United States has never defaulted on any of" its bonds. Not one of tta bondholders has ever lost a cent of principal or In terest except those who voluntarily have taken losses by selling their bonds ln a period of temporary price depression. One hundred cents on the dollar, prlncl- ' pal and Interest, has the United States always paid. Back of the t3M.0Oo.000.- : 000 to $300,000,000,000 of our national re sources stands the rugged honesty of America. Liberty loan bonds are the safest security in the world. 1918. $1,385,142 Operation.. 766.605 Net 61M.587 Balance .. 280,440 1917 $1,266,863 661.270 603.593 281.733 Federal Reserve Frowns Upon Won- Ettrntlal Basinets A circular issued by the Federal Reserve bank of San Francisco to all member banks in the Twelfth federal reserve district an nounces that during the continuance of present abnormal vconditlons the Federal Purv hank vlll Irtrtlf wrftl, Hlflfavnr 10.785 j nff.P.H f., vmtanmint n hlnli evidences 'credit ror non-essential pur poses" and with corresponding favor upon paper which carries evidence of $118,279 th use ' credit for the vitally essential 1 1 General cattle market range: Medium to choice steers. Good to medium steers. Common to good steers. ....... Choice cows and heifers Common to good cows and heifers Psnners Bulls Calves Blockers and feeder steers Swine Trade Is Quiet With a quiet but steady tone, there was no change indicated tn hog market quotations at North Portland during the day. Top quality 12.944 j r.ess of war. "Preparations are being 1.295 , ,,, The Portland Gas & Coke company ... - rdtM i., ZXZOZ ?.PL"tW r,e:Vna,! to re,trlct or discriminate against credit 935 1 lo ts streets, about April 1 8.00 9 40 8.00 10.00 6.73M 8.15 4.25 6.25 0.00 0 8.00 7.60(8 11.00 6.50 0 9.50 ARGUMENTS MADE TO COURT EN BANC (Continued from Page One) of the police power had stuff is still quoted at $17. but little of the stock granted. not been that has arrived of late haa been of suitable Quality of local offerings was not favorable, f General hoe market range rrime light $16 85 17 00 Prime heavy 16 65 (m 16. 85 Pigs 14.25 m 15.25 Bulk of sales 16.85 Wednesday Livestock Shipper Hogs G. W. Eyre. Salem. 1 load -Cattle and calves A. Losli. Mt. Angel. 1 load. Mixed stuff BoDine at Clark. Arbuckle, CaL, reads the letter. "The restriction or limitation of credit for other non-essential Dur- j poses is quite aa necessary and may, at any time, do piacea unaer government regulation, but thla discrimination should be Immediately initiated and vol untarily applied by banks whose oppor tunity for such discrimination is Im mediate. In order to meet the require ments of the government we1 must have conservation of credit aa well aa con servation of food. When this war crisis is past bankers may again properly say Jndge Pipe Construe Art All of Assistant Attorney General Bailey's contentions as to the police j -n n my first duty to care for my cue- power or the state were conceded oy ' tomers-' " Judge Pipes, but he challenged the op- ...... ...... . ..in- Tr.sisrv Car. position to point to any part of the act ncatetJames K. Lynch, governor of under which the public wrv c. com- th TweIfth federj reserve district, an misaton exercises its authority over .,,, . .i.-t r v. w OatUe A, F. Knox. Gordon. Cel.. 11 loads public utilities wherein the commission i ..... v-w.r,rirt.nt nf th Tnrlnn feeders. was eiven authority "to reach its hand ; ci. , i . i w.-w c n back Into the past." as director of sales of United States . . . V. 1 ! . . . . 1 1 ( .. .. .. .. J DDtl.a.ll ... ...... 1 load; F. A. Hawkin, 1 load. I i'""" . J '7 treasury ceruilcates or lnaeoteaness. Miud atuff Lebanon Market. Lebanon. 1 oy juage ripen, ana cunsiruea uy nun. which are to be inaued nt freauent ln- load cattle, hogs and sheep; Frank Wann, Mt. He pointed out that In construing a j te,rv.l-. In advance and in anticipation Angel, 1 load cattle and hogs; B. H. Myers. West new statute enacted to provide a of ,h1 third I.lherrv loan Mr. Wllaon Scio. 1 load hogs and sheep. , r.mr for an existing: evil, the court , i . a i- i ki. United States buresu of market report live- " "".Vi ia rx.f .v.. i " ""f" r"" stock loaded February 26 (carload reported west must first find the evil. Before the ' iZation with a view of securing; a very of Allegheny mountains; double decks counted as utilities act waa passed the utilities wije distribution of these certificates, two cars): . . fixed their own rates and prescribed ,.. r--i f w.t.r..va- Cattleand . Md their own service. They owed a duty i .., , . ' l i tm Hon Sheen Ntnrk Tot. . , , . , . , owicii y mtAuuu iiu . w-'i ' in a. wihi- laivea. noaa. onwp. o l:. i ui. i, (,!,.. AtpmiatA servlcs and chare) ... . ; . .. . . hoik qiaq OA r. v yoo7 2408 830 431 6604 reasonaDie rates, ana unaer mo oiu . ..,.. h n. Four weeks ago. .2046 1944 456 880 5016 common law and at all times a remedy -1 d ,dvlB4S h,m to the muu State origtna of uvestock loaaea teoruary -o: existed against them for violation of ; , tVlJ.m tn aHvn.arn... ,, For Portia na I iL.t v TVi. wamaAtr hnarovoi- Tntira 1 " . . . ... . California 3 ... 2 --"- w , , aoiving transportation prooiema, ins Oregon 1 8 ... S 7 ripes conienuca. waa uiaaequaie u-u Canals of the country and the coast- " ' , wise. .MISSISSIPPI ana ia.ae imi i iu win 462 5582 AMERICAN 1IVESTOCK PRICES Chicago Hooa $17.40 Chicago. Feb. 27. (L N. S.l Hon Re ceipts, 35.000, slow and 5c lower; mixed and butchers. $1 6.85 17.40 ; good heavy. $16.60 17.85; rough heavy. $18.60 16.75 : light. $16.75 17.45: pigs. $12.50 16.00 ; bulk. $17.1517.40. rattle Receipts, 7000, steady to strong: beeves. $8.85 14.1 5; cows and heifers. $6.75 12.00; stockers snd feeders. $7.65(810.90: calves. $8.75 14.25. Sheep Receipts, 8000, steady: native and western, $10.50 13.30 ; lambs, $13.75 17.15. Omaha Hogs $17.15 Omaha, Feb. 27. (1. N. 8.) Hogs Re- eeipta. 16.900. steady; tops, $17.15; range. 816.50 17.15; mixed, 810.85 & 17.00; good choice. $17.00 17.15; rough, $16.80 17.00 : light. $6.85917.10; bulk. $16.75 17.00; pigs. $12.00 14.00. t attie Keceipts, , sreaay: oeeres, $9.00 13.25; cows and heifers. $7.00 11.00; stockers and feeders, $6.50 11.50; western. $9.00 11.75; calTes. $8.00 (p 13.00. Sheep Receipts, 9400, strong; wethers, $11. 00013.00: yearlings. $11.5014.50; lambs. 815.00 g 16.83; -ewea, $1 1 .00 & 12.25. Kansas City Hogs $17.26 Ksnsaa City. Mo.. Feb. 27. (L N. S.) Cattla receipts 12.000. slow, steady to weaker: steer, $11.00 013.75; cows and heifers, $7.00 12.75: stockers and feeders, $8.00 12.00; calve. $6.00 12.50. Hoc Receipt. 19.000, 25 0 BOc lower; tops, $17.25; bulk. $16.75 017.00; heavies. $16.85 017.00; medium, $16.75 017.00; lights. $16.60 16.96. Sheep Receipts 6000, 10 0 25a higher; lambs. $16.00016.75. Denver Hogs $17.25 Denver. Feb. 27. I U. P. ) CtUe Re ceipts 1000; steady. Steers, $8.50 (a 12.85 ; eews and heifers, $6.50010.50: stockers and feeders, $8.50 010.50: calves. $12. 00 0 14.00. Hogs Receipts, 1400. Top. $17.25; bulk. $17 000 17.20. Sheep-Receipts, 2000; steady. Ewes, $11.50 0 11.75; lamba. 814.500 1U.00. Seattle Hog 1M Seattle. Feb. 27. (I. N. S.)-Hogs Receipt. 76; steady. Prime lights, $17.10 17.25 ; me dium to choice, $16.75 SP lb. 85; rmootn heari-js, $16.23016.50; rough heavies. $15.7.'j 16 C 0, pigs. $15.75 016.00. Cattle Receipts, none. Sheep Receipts, son. Money and Exchange New Tork. Feb. 27. (I. N. 8.) Call money on the floor of the New York Stock Exchange to day ruled at 6 per cent; high, 7 hi per cent; low, 4 per cent. Time money was dull. Rates were: 6 per cent. The market for Prime Mercantile Paper was quiet. Call money in London today was 3 per cent. Sterling Exchange was quiet with businesa in bankers' bills at It.iOt lor oemanu; l for 60-day bills, and $4.70 for 90-day bills. 8ilver New Tork. 85 He London 42 Vi d. Totals Portland One week ago . . . Four weeks sgo. For Seattle Idaho Montana Washington .... Totals Seattle . One week ago . . . Four weeks ago. 19 1 1 21 so the legislature delegated the power considered. Work has already heen 1 -' . i . I ,n V. ..VI J. .. I . .. ... . . . . . . . 1 ui rcKuiaiiun . wn jiuum, aci , begun by tne committee, wnicn is neanea commission, giving it power to make bv Ma lor General W. M. Black, chief - investigations as to rates and service 2 and enforce reasonableness and ade quacy. Rates Were Legalised by Act He pointed out that the utilities had all fixed their rates at the time the 22 2 4 Pulo Fed Steers Sail Hlflh A Kansas City advice says: Recent shipment act was passed, and that these rates of fat cattle to the Kansas City market have were legalised by the act which pro included some very good pulp fed cattle, along vlded that the schedules filed by the wun -tne suppiy oi w.u ' """"r utilities with the commission should r',tt.d"o; Ken7 'and fed en ot be higher than those charged on Increased Trade in Inxnrle The for- . eign trade record of the United State for 1917 reveals many Interesting phe nomena, especially in the Importation . and exportation of luxuries. The ixvoe - . striking trade development ha been ln cigarettes and "rrusklna." Cigarette pa per, books, etc.. Imported In 1917, mouned to $5,789,000; In 191&. $3,1S3,1. for 1915, $1,027,509; and in 1914 the total trade amounted to I93S.597. That a . large portion of these products were re exported is evidenced by an Increajse In . , the amount of exportatlons of cigarettes from $3,301,094 ln 1915 to $11,899,000 In ' -1917. Many millions of dollars' worth of cigarettes have been sent to the arm lee . . of the allies and to the United Btaten army and navy, bet aside f rem this there has been a remarkable increase in the manufacture and exportation of ci- ' garettee for ordinary commercial pur poses. " - Inarnnee Company Cfcnnge Itt Xante. The German la Fire Insurance company, founded In 1859, change Its name to the National Liberty Insurance Company of America. The change in the name was necessitated by the public misinterpretation of the former name. which many persons believed to Indicate , the company was German ln lt origin : or affiliations. As a matter of fact, the . company was founded entirely by Amer- " leans and some of the noted men who have served upon its board of director . at various times, include the late Joseph 11. Choate, 'C. Godfrey Gunther. once mayor of New York city. Kichasd M. Hoe, Marcus I. Ward, former governor ,J of New Jersey. Krnest Hall. oxroer ' judge of the supreme court." and many : more of equal prominence. The officer -and directors are native Americans, and the funds of the company are lnveste ln American securities. -. It is Interesting, in connection with the announcement, to note that the company took its original name, t3er mania." as a result of the large immi gration to America, from 184$ until the outbreak of the Civil war. of. Germans, who took part in the revolution against autocratic rule ln their own country and came to the United States to secure political freedom, among them being such men as Carl Scnur. It is announced by officials of the company, that all policies . Issued prior to the change of name, will continue in force until their expiration. The com pany's last financial statement gives its capital as $1,000,000, with a reserve for liabilities of $4,222,485.60. a net surplus to policy holders of $3,381,100.27, end : total assets of $8,603,585.87. such contract, under the doctrine of the Woodburn case. Mr. Bailey led the court through the history of the enactment of the public utilities act, and submitted many news paper excerpts contemporaneous with the passage of the bill by the legisla ture and its approval under the refer endum to show that both the legislature This provision fixed ; and the people considered that state control and regulation of public utilities was intended by thw act, and not mu nicipal regulation. , Did ot Construe Utilities Act. Throughout his argument, however. Mr. Bailey seemingly steered dear of nm since the middle of September, brought I January 1. 1911. xl3 ier cwt. while a consignment of Colorado I and Iesallsed the street car fare ln , steers fed on beet pulp and averaging 1372 Portland, along with all Other rates! pounds, brought $12.85 per cwt. Well fed steers tnen jn effect. ,t7dnmbs "The VtapnpW Th iud contended that the act cattle are not yei reauy xor maraet, aa inv uut i uiu ivri eivo w wjiumnaivii di iw rimer im in to feed ovesv long period. The best I unfix rates already entahllnherl bv i feeders substitute concentrates towards the end of contract, that the cities were given ' anv direct and definite discussion of . i . I . . m,h V. a M,tlt that ,t.. ma I .1 W 1,,.l.lnttAfn.l niiMtlAna luH Kv ' Judge Pipes in the city's complaint, He finished their course and been on the way to France. When several hundred feet in the sir , spectators saw the two machines crash. : Both machines were almost completely demolished. Weisstnger was a newspaper man be fore enlisting and was conn'-cted with, the International News Service at Washington. His home was at Buena, ; Vista, Mass. Story was a Harvard foot- ' ball man. His home waa at Freeport N. Y. There was another collision between airplanes Just before the one of Wels slnger and Story. No one was seri ously Injured ln this Occident. ,- the reeding penoo. wiui w.e reauii ui power to regulate the. utilities, their TH1 USuall-lT Mil BaT. H1U yrit. iw tAciiaiis iui i , pSpeSis equal to that for corn fed. some buy- service and charges, by contract, ordi- PACIFIC COAST BANK STATEMENT Portland Bank Clearings This Week. Tear Abo. Monday $ 8.765,006.95 $ 2.626.047.30 luesoay . . Wednesday 1,942.862.71 2,196,202.50 8.171,489.24 2,893,715.69 Seattle Banks Clearing $ 5.028,931.00 Balances 1.499.630.00 Spokane Banks Clearing $ 1.188.880.00 Balance 324.255.00 Tacoma Banks Clearing $ B54.524.0f) Balances 65.465.00 San Francisco Banks x Clearing $14,849,541.00 Loe Angela Banks Clearing . . . . . . . $ 5.766.089.00 Chicago Dairy Prodsre Chicago. Feb. 27. (I. N. 8.) Putter Re ceipt 11.226 tub. Creamery, extras, 47c: extra firsts. 46 He; firsts, 45 0 46c; packing stork. 86 36 He t Egg Receipts 2062 cases.- Current receipts. S839r: ordinary firsts, 3S039c; firsts. 40c; extra, 4Stt 44tte. ??ew York Metal Market Strong. March. 733 0 750 Spelter lull. East St Louis spot and Feb ruary, offered 7 4 . Sew Tork So ear and Coffee New York, Feb. 27. (IT. P.) Coffee Spot No.t 7 Rio, 8 He; No. 4 Santos. 10 He. Sugar Centrifugal, $6.05. ers even preferring them because of thairiigher I nance or . otherwise, and that dressinc percentage after a long haul. Tuesday Afternoon aaies STEERS No. Are. lb. Pric No. 4 . . . . 030 9 e.oo 2. COWS 1 1070 $ 7.00 I 4. 1.... 690 4.00 BULLS 1 1600 $ 7.55 HEIFERS 1 790 $ 8.00 j Wednesday Worn lnf Sale STEERS No. A ,1 are. id. rnci i atmv . .1085 $ 9.76 8lry' this power, exercised before the enactment of the law, was outside the jurisdiction of the commission to change or de- 740 $ 7.00 . Ave. lba. Price, j No. Ave. lbs. Pric. 1 710 0 6.50 ( 1 860 $ 9.25 BULLS J 1210 $ 6 00 I I 1090 $ 6.00 HEIFERS 7 750 $ 7 25 COWS 1 940 $ 7.50 1 820 $ 7.50 3.... 670 5 00 i 5 622 5.00 1 1340 7.00 1 2 990 7.60 2 050 7.75 1 800 8.50 HOUS 2 250 $16.10 6 225 $16.85 8 . 187 16.86 8 187 16.80 2....-S50 15.85 2 150 15. 85 3 150 15-25 6 188 16.85 6 131 15.20 1 330 16.75 6 125 10.85 8 292 16.85 One Man Ends Life, Another Tries To Judge Pipes finished the considera tion of but this one point of his con tention during the forenoon session of the court, and will complete his ar gument this afternoon, after which the defense will conclude its argument, be gun by Mr. Bailey yesterday afternoon. City Attorney LaRoche, Wilson T. Hume and Deputy City Attorney Tom linson will then conclude the city's case, after which the attorneys for the Portland Railway, Light & Power company will sum up the arguments and give the case to the judges for determination, probably some time dur ing Friday. State Opens Case Assistant Attorney General J. O. Bal y Tuesday afternoon fired the ooen- ing broadside of the verbal bombard ment to which six judges of the Mult JTomah circuit court are to be subjected for three days or so ln argument of the 6 cent fare case. At the outset Mr. Bailey outlined the position of the attorney general's office in the case. He said in all uch litiga tion - 1t was the practice of Attorney General Brown to frame his own plead ings and set up nis own case ; that he did not make any attempt to construe ; the provisions) of the public utilities act. ' hMaln tha mit u,mi tst anrlva tha I public utilities commission of the power to review any municipal regulation or franchise provision previously adopted by the initiative or approved by the ref erendum. It is the main contention of the city, in the present case, that this provision of the utilities act, taken in conjunction with the fact that the vot ers of Portland in 1912 approved the commission charter and by specific pro vision of that charter continued the franchises of the Portland Railway. ; Light ft Power company In force and i effect, deprives the public service com mission of jurisdiction over streetcar fares in the city. immorality Charge Is Faced by Eleven "Club" Memberi, Oeenpjlng Two riatg ?iear Presidio Military Reservation, Cnnght In Rnldti Soldier It Prisoner. San FranclsceS, Feb. 27. (I. N. S.)Jr Charged with immoral conduct, 11 memV bers of a "club" located ln two' flats' almost within the shadow of the Pre sidio military reservation are In cus tody today. The first raid on. the place una ma's 1A tsvs a tA a 4 Ik mt l .r a even K.ottia TTBh 57 m. P.I William a. considered that his office waa reore- . " i ... . cooi. kb pnmmittwi siiioidA hv nhnoiinc 1 sent! rig the people of the state, through , j i ?. . New York. Fefc 27. (I. N. S.)-r- i him self ' through the head some time defense of the public service eo-n- ,"n der' th. ot rong. 8rot, 7H bid; February, 7H bid; at . hom- of hla hroth mission. He was not contending .for e"e".. , f w .,"(."" y7 t, If , . a aV a I thee cent rare, as the Portland Railway. - " - C B. Seal here, and Andrew Anderson, U, ht Power CoiTSpariy wa, but wand escape. . 36, tried to end his own life by slash- nnnn,ln. tK attack- nf th. ritv i, h- Those arrested are: Oscar 8. Frank. jurisdiction of the public service com- j broker and singer; Hugh Allan, singer; mission. Max Koenig, retired merchant ; Willard Contend State Hat Power Wood, watch salesman ; Austin W, Mr. Bailey discussed the history of , Tobln, clerk ; William T. Soady soldier ; the legislative regulation of public uUH- Ro,f Teichmann. salesman ; Raymond ties throughout the country, and con- Monterichard. clerk ; Clarence- H. tended that the state had amnio Dower. Thompson, salesman ; George Matifes, Seattle Barley Market Settle. Feb. 27. (L N. 8.) No. 2 feed barley. $69.00 per ton: 40 pound barley, $67 per ton; car receipts, wheat, two cars. Swift Co. Shares Boston, Feb. 27. Swift it Co. shares, 128. Rejected for Army, Teller Ends Life i Little Rock. Ark., Feb. 27. f I. N. S.) Gordon Emhree. 29, member of a leading family and teller, of the Southern Trust company, shot himself to death at an early hour this morning In the presence of the night watchman of the bank. Embree had made several efforts to Join the army but had been rejected. His failure ha caused him to grow despondent. It Is said. . Bank officials say Embreo's accounts are entirely satisfactory. y ing his throat and wrists with a pen knife on board a Northern Pacific train near Kent, early today. Directed Verdict in Gary Case Indianapolis, Ind.. Feb. '27. (U. P.) Following instructions of Judge A. B. i n 1715.! rt h. ji..' roraiittntly upheld by the court, to duvmond salesman, and waiter bchnet Anderson In federal court hre oday. . . authorlty' DuhUc 'a der. cutter. cm... iB .....o j-., ....we , - commissions to regnlate the rates usVT f7 by public utilities, either up- A 1 ' n1Ml' ward or downward, as the clrcum-l H III H.I H.S I il II I II I H III might demand, charter and ! i -www francise provisions to the contrary not withstanding. county officials of Gary, Ind.. defend ants In the election fraud trial, were stances released. Abandon Effort to Get Bodies Crystal Falls. Mich- Feb. 27. (U. P.) Attempts to recover bodies of 1$ Flight; Two Killed He contended that the municipality. formed under the authority of the lesris- ! lature or of the fundamental law of a Liest. Yf.JA rTetsiInger and Cadet W. C. state, acted simpiy as an agent or trie mt.r. vietiraa of Aeelde.t .t t..t.i.. Serosd Acrid est Wlthent Catsaltle. miners, entrapped in a level of the creatine Dower in iU regulation of nuh. Amasa Porter Iron mine, B50 feet be- ic utilities, and that It was not pos- low the surface, were aDanooned today. THE TRANSIT HOUSE Cnien Stockyards, Ifertk PertUnc, Or. Bteun heat, electrio light. Bath any bour. rrt pnone. Sseelal rate fer nippers. Bed aad Breakfast SLse. tender new mansgenient. Mrs. X. D. Iasa. Mgr. slble for the sgent to question the act of the principal. Franchise It Held to Be Contract. A franchise, granted by a city. Mr. Bailey argued, was. in effect, a contract Memphis, Tenn.. Feb. 27. (L N. S.) lieutenant William J. Wefssinger was instantly killed and Cadet W. ?. Story sustained Injuries from which he died made by an sgent on behalf of it prin-' ,n h8p?,t1 . tw .mll'Ury "J" cipal. and that the principal, possessed Pln -collided HMW feet above the of the sovereign power of the i state, could vary or modify that contract as the interest of the public or of the util ity required, whlrh power of modifica tion was an inherent portion of every ground at Park field late Tuesday after' noon. Welssinger and Story were making Individual flights. Only a few more hours in the air and titer would hare MORRIS BROTHERS Incorporated Established 25 Years 201 Railway Exchange Building Portland, Oregon The Premier Municipal Bond House of Oregon Oregon Municipal Bonds Yielding From S to 6V4' Telephone Main 3409 HALL&CO. Lewis Bldg. Msrthsn Ml LIBERTY BONDS INVESTMENT BONDS PREFERRED STOCKS LOCAL SECURITIES BOIGHT AD SOLD quoTATio?rs urox ' BEQUEST teeka. Bead a. One. Orals, Sift gHsaue el ifsxse jtaueUaa Overbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXCHANGES : Bess tars Ckleage Beard ef 'Traaa , -CerrMpesgeat $ Legs Snag. i:ieaaa Bew lets ,. -