The Oregon daily journal., May 12, 1918, Page 29, Image 29

THE OREGON SUNDAY JOURNAL, PORT LAND. SUNDAY- MORNING, MAY 12, 1918.
STILL BETTER GKAIN CROP PROSPECTS IN NORTHWEST &
GRAIN TRADE SLOW
DURING THE WEEK IN
PACIFIC NORTHVES f
Litllo Action Is Stioun at Any Poiat
Oats Market on Nominal Basis
and There Continues Lack of Bid
dina for Kemninina Barley.
CAM MARKET HIT
BADLY DURING VEK
BY STARVED QUALITY
Poor Staff Comes In Abnndaure and
Killers Throw Up Their Hands
Sharply Reduced Prices Forced
Swine Trade Also Lowered.
Untie action "as ibown In th train trad at
Pacific JSorthwet points during the week. Kven
h cuti trmle ws on a nominal basis, owing o
the evpertattmia of d-alers of a huge output dur
ing live wwnl crop season. Present ittncka of
eat in the lis ml, nf dealers appear to be ade
nmlt for all inrmedist requirements, and there
it nn dt-posvrloa even among the leading, interests
to "go Vine" on supplies at this time.
Kntire lack of movement continues ia the
harlrjr market, and bid are stilt generally ab
sent. Not even a feed inquiry H heard in the
barley trad.
IMsappcaittmeat regarding the demand for bar
ter flour in hliown among milling interests, many
of wuwtti had stocked up heavily with liivw. priced
rain In snticiietiou of a bis rail. There In. a
steady trade noted in barley flour, but the p
vsima anxiety among customers tu purchase wemi
to have stil'sided.
llay market showed an easier time, with
alight ly retimed value for alfalfa during the
week, wllh somewhat more liberal offerings from
interior Oregon point. Tliere continues a scarc
ity of both Willamette vallny and Eastern Oregon
timothy, while the demand is good.
FI.OL'It Helling price: Patent. 110 00: bar
ley flour. $18 i 18.50: Willamette valley. $9.60;
local straiabt. $u.6i; bakrra local $9.80 10.00;
Montana irnnn wheat, patent. $10.60 & 10.80;
whole wheat, $9 60; graham, 19.40: rye flour,
IS. 60; oat flour. $13.00 18.25 per banal.
HAY Buying price, tiew crop; Wiliametta
timothy faney, $24.00 per ton; Kastera Oregon
M'ssliington fancy timothy.' $30.00; sltalfa,
28.00; valley vetch. ( ) ; cheat, $28.00.
eloTr. 123. 00 ton; grain. $23.
GRAIN BACKS Nominal, No. 1 Calcutta,
4H25n In car lota; lets amounts, Vtrher.
MILLHTUFF8 Bran. $30.00 84X60 ; shorts
XUO&32 50; middlings. $89 00 89.60, ton.
KOLLKD OATS Per ton. $73 0 74.
BOUII) BARLEY Per ton, $75(8 76,
COK.V Whole. $76; cracked. 177 per boa.
Merchants Exchange May bids:
- Hat. Fri. Thurs. Wed. Tues, Hon.
191 1917 1018- ,,
Feed
100 6275 6200 6860 01 00 BeVM) 6000
Thirty-day delivery was quoted:
OATS
No. 2 feed .
Eastern oats and com in bulk'.'
OATS
No. 8 white . ,
en cupped wane
Oats No. 8
Clipped
TMa week ....
Last week ....
Previous week
Month ago ...
Tear ago ....
Two year ago.
Three years ago
Four years ago.
Portland Livestock Hun
Hog. Cattle Calves. 8heer.
.8027
.4298
, .8271
.2088
.4866
.6187
. .259
. .8577
2258 15 1SOS
2880 185 1750
1875 60 112fl
1705 48 Oft 4
2820 181 80
70 46 2250
1047 34 6784
1197 . 89 6S3
WINTER WHEAT CONDITION GOOD
6100
8150
5L-00
MuO
5100
No. 8 yellow .
No, 3 lulled
Tellow
Mixed
II room hs II reports
tions favorable; uial
COKN
v 00Q
5900
. O00
: .-r 5900
Argentine weather condi-
tiarveet i progressing.
eheat. is moving f re. and preparatfflus for the
new crop are unkinii satisfactory progress.
isihle stocks of spiral total more than 1 V
million uuarter. Auatralia Hvasonable rains
are reported ill "New Simtli Wales. Official
estimate, of the Victorian crop, insucd during
the week was 'ibnut as emerted. ami eenrnllv
the pisiition ss. -regards supvlies retuains without
ciiange,
JOBBI.XS PBICS IN PORIXAND
.115 25 15.50
, 14.00 i 5. oo
. 12 00 a 13. 00
9.5010.kA
8 0U(iS .00
8.00 & 10.00
12O0 18.00
6.00 ( 8.00
3560 5.50
ft.ftOe 11.60
8 75(3! 13 00
8.00 & 10.00
r
These, (r the prices retailers pay wholesalers,
xcrpt as otlM-rwi-e noted:
Dairy Products .
TtTTTEIt Helling price: frearoery rrtnts tn
T'afflne wrappers, extras. 44c; prime firsts.
4c; firsts. 41 He; rubes, lc les; cartons, la
additional; dairy, 8a Ho lb.; buying price, cubes,
18 C Re.
BUTTETtFAT llartland delivery basis. No. 1
our creetn, 4 8c.
CHKKSE Helling rrVe: Tillamook freOi Ore
gon fancy full rreant triplets, 25H28c lb.;
Yonng Amerira, an Vk PNWe. I "rices to jobbers:
Tills tnook triph-tj. 23 He; Toung America.
24 "4 e 1. . b 'os and Curry. rrh-es to lob-
bern, t. o. b. Myrtle Point: Triplets. 23c; Toung
America. 24c; brick. 33c; Limburger, 36c; brick
bwiw. 40c lb
K.'JGS Helling price: Case count. 86e per
rlosen. Buying price, 34 He Rilling price.
sel'Tied, rsTMlled. H7e; selected. In carton. 8e.
I.IVB I fit Tf, TRY Nominal. Hen. 272e;
broilers, 40.& 4.V; old rooster", 18(20c; stags,
20o per Ih. ; turkeys. 'J '.. Hoc ; dressed fancy,
87c. Mo. 2, 80c: souths. $8 doa.; gwe, live,
20t25c; ducks. nOMilr.c; pigeons. (1.60 doe.
Pre in VeoeUblat and Frurli
mf8!t KllinrfeV Oranges 14 50 7 00 per
hoi; hananits, 7(7'Ac lb.; lemons, $600(3'
7.75 per rxnt ; t'sjvafornia gratefniit (3.00;
riorlds. 50 t 0.75.
BK llll IKS, JAra wherries Florin Dollars,
8.6ft; Oregon Pim. 4 per 20 banket crate;
Lo Ange(-s. 2 VJT, per 15 basket crate.
AI'l'LKH: Vellow Newtown extra fancy.
ISms 12.111, J60s 12.00. 163s tl 90; fancy.
l8s 81.80; Bed Cheeks ex'ra fancy, SH-tler
3.60; 4 tior 82. 25. 4 Vs -tier Ult.OO, 188s
$2 15. A
IHIKf yiW lTS: Hales Dromedary. 15 25;
Fsrdo, t 50 crste. Kstxins Three erown loose
Wukcsljl. 10c ll. In 60 lb. boxes, Figs 8S.B0
box f.it 70 4 -os. packages.
OHONH Helling price to relsiler: Oregon
No. 1. 81.25; No. 2. 75tf 1 00; carload price
4. asrocMtion, 81.00 f o. b. liarlic, Te lb.
Onion sets, 12c lb. New crop Cal. Bermuda,
'111)9 erate -
lt)TA I (E8 Selling price: Table stock. Bnr-
hanki. 1.00 1 25. Buying price: U. S. - No.
1, 75 cental, country points Sweet potatoes,
1 oc lb. New potatoes, 1 8c.
V Fit ; ETA ULECt Turnips, 81.25 sack; carrots,
1.15W1.25 sack; beets. $2 25(32.80 sack;
parsnips, .$1,50 sack; cabbnge, 2 H 3c lb.;
green onions, 23c dnv.en bunches; eppers, 30
85c lb. ; head lettuce. $2.75 crate; celery,
1.00 doten; artichokes, 86 90c dozen;
cucumbers, hothoue. $1.75 2. 00 dozen, toma
toes, Mexican, $3.00 ( $3 25 lug; eee plant. 25c
lb.; asparagits, $1.50itl.75 dozen bunches;
rhubarb. 8x4o lb.: caulitlowrr, local, $1 50 (gf
1.7j sprnuu,' 12 Sic lb.; green peas, 7 be
per lb.; horseradish, 12Vo lb.; spinach, 5 Vi a
6s lb.
Meat, Fish and Provlilons
COUNTRY MEATS Helling . price: Country
killed best hogs, C8c : ordinary, 22 C 23c pet
lb.: bast veal, 15ft' le; ordinary veal, 14c;
rough heavy, 12t(u13r; goats, 1012c;
lamb, 35o; mutton, 16 is 18c; beef, 15 22c lb.
2'e lb.
HMOKKD MEATS Hams, 27 (J 88c, break
fast bacon, 33(341)c: picnics, 24c; cottage roll,
80c; abort clears, 80 a 83c; Oregon exports,
smoked. 83c lb.
1'ACKKliS MEATS Fancy steer beef. 25c;
fancy cow beef, 24c; fresh spr:ng lamb, 40c;
best yearling. 29c; log, 2e lb.
LAUD Standard. 28 hie lb.; lard compound.
28 He
. OYSTEHS Olympia. gal., $4.50; canned
ess tern U3c can, $3.40 dox. cans; eastern. gaL,
r solid park. $3 50.
FRESH FISH Dre.ed floundm. 6c; Chi
nook, 18c; perch, 78c; soles, 7c: salmon
trout, 18c; halibut. lK-'20c; black cod. lie:
herring, 6c; smelt, Se; clam,', hard shell. 4o lb.;
2.75 box: crbs, $1.75(32.50 per dox.; C6
himbuk smelt. $1.00 box; shad. 14c
QrocSries
BTOATt Cube. $9 60 : powdered. 88.87 H.
fruit or berry. $7.87 H; V yellow, $7.27 ;
granulated. $7.87 Hi beet. $7.77 H I extra C.
Il.oit; goi.ien .. st oiv.
HOMEY. Mew. $0 00 case.
HK'E Japan style. No. 1, 6410c: New
Orleans head. llVsll4c; blue rose, LO 0
11c per lb.
SALTCoenie halt ground, 100s $15.60
tab, 60s, $17.25; table dairy, 60s, $20.00;
100s, $19.50; bale. $2.70; fancy table and
dairy, izu.zo; lump rock, $20.00 ton.
BLANS s ahiornia irales by jobbers): small
white. 15(9 14e; large wime. i3ci4)ina. 9fc;
mswj, ia. wmyou, ivc; rea, lie. onv
gou beans (buying price) : White machine
cleanse. s ic, nana picxea, H10o.
CANNED MILK Carnst on. $5.40; Borden,
58.89: A.ter. $S 80; Eagle. $9.U0: Libby.
6.80: Yeloban. $6.80 per cmssv
COFFka. itoasted. 13tay36a In sacks or
rums.
SODA CRACKERS Bulk. 18s lb.
NUT 8 B udiie walouta, k5Vk 926c per lb.
It was a week of disaster to the average offer
ings in the cattle division of the North Portland
market, 4iue to the greatly increased offerings of
common to poor staff. Half starved cattle were
in the majority at the big showing of the week's
start, and killers bemg compelled to take ara of
these offerings would not pay within sieht of
former Tames. This weakness also had its He
pressing effect Upon some of the fair quality
stnff. Heal top cattle were scarce, and the 'few
within tight of this class gold around previous
figures, or within a fraction of them
Just why so many country interests chose the
last week io market their half-fat stnff was a
mystery to the trade generally until it was dis
covered that extreme hot Weather had struck
Centr1 Oregon, and there Was a shortage of bay
in fSht.
Oeneral cattle ranee:
Vrime steers
Oood to choice steers
Medium to a nod steers .......
Fair to medium steers .......
Gomraon to fair steers
Ifedium to good cows and heifers
Choice cows and heifers
Common to good cows and heifers
( antlers ,
Bulki
Calves
Stockers and fe ders
win Market Drops'
Killers had more than their requirements of
hogs on hand when the week opened at North
Portland, and initial trade showed quite clearly
this condition. Prices were weak and ruled
lower during the six day period, and there was
really little effort to buy even at the lower range.
The weakness and price depression at North
Portland was shown in the face of a higher and
firmer market generally for swine at leading east
ern centers.
Fact that some of the Puget Sound interests
had been buying a large portion of their hog re
quirements in the middle west of late, also had
its effect upon the trade. To the credit of local
killers it may be aaid that they have stood by
ready to support tbn local trade.
General hoc market ranee:
Prime mixed
Medium mixed ...........
Bough heavies
Pigs
8heep Market Quiet
While there was a slowly increasing volume of
stnff on the open sheep and lamb trade at North
Portland during the week, little activity was
shown in the general trade. Price conditions here
were considered just about steady. Nothing has
been offering here recently in this division except
from the Willamette valley, due to the fact that
the east is shipping trainloada of supplies from
Central and Eastern Oregon.
General sheep and lamb ranee:
East of mountain lambs $17 5091ft.S0
Valley lambs 1 7.00 18.00
leanings 15.0015 60
Wtfier IS 00 13.50
Ewea 12. 00(e) 12.50
Shorn sheep and lambs 1 ta to 2c seas than
loads.
The report of the government estimating a
winter wheat crop of 572,539,000 bushels Tor
th United States compared with an outpart
of 418.670,600 bushels a year ago, la con
sidered mToraMs) by the trad generally. The
winter wheat planting of the) entire country
at Wnwwaily favorable. The, map shown above
was compiled by tha United States chamber of
eo sameros and tiadVated the general condition of
the winter wheat crop April 20.
Grain Outlook Good But
Rains Would Improve
Excellent Condition Shown Generally in the Pacific North west Bigger
Area Is Planted Everywhere in Country Brazil Is Offer
ing a Bonus to Prodtcrers.
.$17.40 917.80
i7.oo( i7.rn
16.00 16.25
14.50 (P 15.60
AMERICAS LIVESTOCK PRICKS
Chlcaso Host 818.10
Chicago, May 11. 1 1. N. S.) Hogs Re
ceipts 15.000; 5el0c lower. Mixed and
butchers, $17.40 (a? 1 8.10 ; good heavy, $16 60
17.95; rough heavy, $1 6.60 16.95 : lights.
$17.50 tm 18. 10; pigs. $14.25 J 17.43; bulk.
Cattle Receipts 1500; steady. Beeves, $10
(ffllT.ou; rows ami Jneirers. 86. Horn 14.10
stockers and feeders, $3.90 g 12.75 ; calves.
Bheep Receipts 2000; weak. Native and
western. $13.0016.60; lamba, $15.50
20.80.
Omaha Hoes $17.36
Omaha. May 11. (L N. S.) Hogs Re
ceipts 030O; 5n10c lower. Top, $1T.S5;
ranire. $17.10 17.35; mixed. $17.20 17.80;
good choice. $17.20 17.25 ; rough. $17.10
17.20; lights. $17.25 17.35; bulk, $17.20
17.80: pigs $12 15.
Cattle Receipts 1000; steady.
Sheep Receipts 100; steady.
Kansas City Hoos $17.65
Kansas City, May 11. (L N. S.) Cattle Re
ceipts 100; no trade.
Hogs Receipts 700; stead;. Top, $17.65;
bulk. tlT.Ddt IT. B0; heavies. 517.40 (a? 17.60
mertvurn. $17.60 1,7.5; lichts, $17.40$
17.no: Btocx pigs, i 7 ( 1 i.so.
Sheep receipts 500. No trade.
Denver Hcej 81 7. SO
. Tenver. Msy 11. (C. P.) Cattle Receipts
. aomt: pnrea iinciianget.
Hoes Receipts 20; 10c lower. Top,
II ; tuns. n;a it.tii.
Sheep Receipts 1 300. Cnehaneed.
Seattle Hogs $17.60
Seattle. May 11. ( L N. S.) Hogs Re
ceipts, 694. steady; prime lights, $17.50
17. 60; medium to choice. $1 7.25 0b 17.50 ;
rough heavies, $16.50 16.60 ; pigs, $16.50
16.60.
Cattle Receipts, 244. steady; best steers.
$13.00 14.50; medium to choice, $12,001$
12.50; common to medium, $8.00 11.00:
beet eows and heifera, $9.80 ( 1 2.50 ; com
mon to good cows, $7.50 $8.50; bulls, 18.00
lutnu; carves, s,uuwi:.tu.
Sheep Receipts, none.
BEAN INDUSTRY IS
GROWING
IMPORTANT
IN THE NORTHYEST
Greater Are Being Planted tn the
Three States; Big Production Is
Shown in China and Manchuria;
Foreign Market Conditions.
Wrvds ataan Industry
The growing wf beana baa become so
firmly established tn tha Pacific Northwest
its res that aavsrh interest as attached to hew
production and marketing: ts carried on In
competing centers. Maneharia ts a . very
big prodao of beans; ha fact, China has
grown beans for so many yean and of ewca
haae volume 4 hat the American gixieee vowt
be informed, of conditions there ia order to
suie easfnlly market his owa ems. Fluted
States Consul (general K. Carlton Raker,
stationed at Mukden. China, has studied the
vittiatioa carefully and gives tha following
CLOSING
SESSION
ACTIVE
WITH
IS
NEW YORK
PRICES
HIGHER
Liberal Gains Are Noted la Share
List for Short Session; New Strength
Is Shown Artee First Hour of
the Trading.
Ship Your Cream to Us
' WE PAY CASH
Bout Cream 4U5 lb. llntterfat
SUNSET CREAMERY
11 FIRST STRKCT
Strawberry Buyers
. Make trranRementa now for your sup
ply of Portland vicinity grown straw-
Dames, oeginninr; May 27 to June 1.
a HERIDA?f.DECKIiET CO.
Its Front street, Portland, Jrg-oa :
Crop conditions in the Pacific Northwest continue fa vet-able for all grain planting, bat
there remains a need ef exMitieaal moist 8 re for the immediate future. It ia estimated that the
rains of the week added to wheat alone 5,000,009 bushels to crops in the three states.
Reports received by Tha Journal from its private crop correspondents during the week
Indicate a very favorable whiter planting with better than a normal oetiook for sprinc pro
duction in Oregon. Idaho and Washington.
The big increase ia the grain planting in this section and In the Caited State generally.
is likewise reflected in seme of toe other countries, principally ia Sow to America. Various
governments, have been urging the increased planting of cereal and many hare placed prices
on a basis where producers wiu prom greatly. r
It remained, however, for Brazil to offer a subsidy or premium for wheat Dlantiaa. The
details of the offer are explained by Richard P. Mothn, rice-eoiasal at Rio da Janeiro.
It remained, however, for Braxu te ener a subsidy or premium for wheat planting. The details
of the offer are explained by Richard P. Uomaen, rice consul at Rio de Janeiro.
By Richard P. Mevnran. l per liter, the premium shall be increased 20
ny law the teoeraj rorernment or nraiii win 1 per cent.
grant bounties, in the form of agricultural
machinery, to farmers, companies and agri
cultural cooperative societies for tha cultiva
tion of wheat during 1918 and 1919.
The preamble of this law stares that
wheat is the most essential cereal for human
sustenance; that Brazil has been importing
wheat and wheat flour in very large quantities
from other cod n tries, and that the archives
of the government show that in tha beginning
ef the eighteenth century wheat was prod need
on a comparatively large scale m Brazilian
Sao Paulo, Uinas Geraes and Uoyax. It calls
attention to the fact that modern scientific
agriculture has brought about the possibility
of creating types of wheat suitable to a very
wide range of climatic conditions, and states
that the Brazilian government has alreday mads
provision , fcr the acuuiaition of wheat for plant
ing of types suitable for tha climate of thai
country, especially those which withstand the
tropical temperature, the droughts and pant dis-
i of the country. It avers that with proper
seed Brazilian planters may obtain the same
profitable results with wlieat as they have b-
tained by planting coffee, cotton, sngar, cacao
and other staple producta of the country, and 1
that the consamption of the interior of the
country is sufficient to afford a market for the
output of 00.00O hectares (1.842.000 acres),
or Bix times the area ever planted heretofore
in Brazil.
The preamble closes with the statement that
tha areas of wheat culture can best be increased
by offering Inducements to planters and by re
ducing to a minimum their initial out
lay: that wheat haa the edditroeel advantage
of being susceptible to planting and harvest
ing by machinery; that especially at this time.
when the war has slut off immigration to se
large and sparsely populated a country as
Brsr.il. the use of agricultural Implements should
be encouraged in every manner possible: . and
finally, that the scarcity of wheat in the world's
msrkets is a guaranty that the price of wheat
will remain sufficiently high to make its cul
ture remunerative.
measures foe Inaraasa.
The measures adopted to bring about tha
desired increase in the production of wheat in
the republic include:
1. Premiums in the form of agricultural
machinery, valued at 30 milreia for every
hectare (about $3 for every acre) cultivated
will be granted to farmers, companies and co
operative societies cultivating wheat during 1818
and 1019. '
(a- The premium will be delivered to the
planter as soon as iKwsible after the government
officials have verified that the annual crop
complies with paragraph (b) of this section.
(b) In order to receive the premium the
crop must exceed 15 hectoliters pet hectare
(17.23 bushels per acre) and the ripe, dry
grain must weigh not less than 780 trams per
liter (60 pounds per bushel).
(c) Whenever the crop is more than 20
hectoliters per hectare (22. 97 bushels per acre)
and the Weight of the train exceeds 780 grams
Farmers, comiianlea and cooperative as
sociations wishing to obtain the benefits of the
provisions of this law. mils) before July 81.
1918, make known their intention in a letter
addressed to the minister of agriculture, industry
and commerce, by registered mail; and thoxe in
tending to participate in the bounties for the
1010 crop will be obliged to do likewise before
August 31. 1919.
(a) The ministry of agriculture, industry and
commerce will establish a special register in
which will be set forth the names of the par
ticipants, the location of their rarms and the
acreage to be devoted to wheat planting, and
the ministry will, by registered mail, before
August 15, rend an acknowledgment to each
registrant, mentioning bis official registry num-
oer.
b Participants raut afford facilities to the
government agricultural inspectors in the exam
ination and measurement of the cultivated areas
and tn other matters pertaining thereto, as well
as give information regarding the type of seeds
planted, the method of preparing and plowing
the soil, tle procees of fertilization apiilied. tha
precautions taken against insects, fungi and plant
diseases, tndi In any other desired manner.
(c) - The agricultural Inspectors will issue
practical instructions to planters concerning the
preparation of the soil; the varieties of wheat
most adaptable, their selection and immuniza
tion; the most practical methods of planting and
cnltiTating wheat, considering the area to be
planted; the rue and operation of agricultural
Implements; the means of avoiding insect and
plant peats: the ' most efficient means of har
vesting, drying, threshing and storing the crop;
and generally m such wave aa may aivs rise
to the largest possible production.
(d) If the farms of any of the participants
shall not have been visited by agricultural in
spec tors before the ripening of the crop, this
fact must be coo-municated to the minister of
agriculture. Any person who shall in any way
refuse to Comply with the requirements of para-
(ai, or place obstacles in the way
By K. Oarttevi eksr.
Owing to a severe tlrosurht in the upland dis
tricts and to floods along the Liao river, the
soya bran crop of 1917, compared with the
1916 crop, decreased by about 20 per cent
ia seme districts and as much as 40 er rent
In others. In North Manchuria, where weather
conditions were moe favorable a 90 or loo
per cent crop ta reported, and In Heath VI s
chwria the 1917 harvest ia estimated to be about
0 per cent of the normal crop. In the lAaa
river districts the dmiurht waa not so damagtn
aa the flood, which destroyed a large part of
tha rropa on the west bank of the river at such
pieeea as Kwanguina. Chlnehow and II4nmin-
tun.. In tne nrst ol we aoove-meniaoneu pvacea
the white bean ks largely grown, and in tha
two latter named places (he black bean as pro
duced.. . There is consequently a shortage tn
those Varieties, la the upland distrirts the rropa
were affected by drought soon after plantings
and by floods at about harvesting time.
Markettna Methods Kmnteyed.
There have not bee any radical changes tn
the methods nf marketing the beans. Most of
the bean dealers at Changchun make their par
chases in the outlying bean districts of the
Kirin province and in different diMrirts south
east of Mancheuli. In some cases the growers
themwtvea convey their beans to the most con
venient markets. About 80 per cent of the
buyers purchase their beans in the growing dis
tricts, the remaining 20 per rent purchasing
iu the various markets.
At Mukden the beans are mostly brought
in by the growers themselves, and those not al
ready contracted for before tha harvest are sold
to the highest bidders.
There appears to be a growing tendency to
establish collecting centers for aceumtslaUng the
beans. In most of the trowing dttricts there
ere already certain 'places recognised as col
lecting centers to which the bean growers bring
their products by carts for selling to the cot
lectors (local traders or agento of large deal
ers) who transport the beans (usually by reU)
to the targe dealers at Changchun. Ttehlinc.
Kaiyuan, Hsinmtnfu. etc., where the beans trow
ing in the surrounding districts of those places
are collected. A number of the middlemen are
innkeepers, who receive the beans from the
farmers and paaa them along to the buyers.
Ia Koutk Manchuria beans generally pass
through only a few hands from the growers
to the collectors located in the reducing dis
tricts and from the collectors to the large deal
ers, who may sell them to the bean mills or
to exporters. But beans from dWtant distrirts
or North Manchuria may pass ttytongh msny
hands; for instance, the brans from Manehouli
are anM to the collectors there, then st Harbin.
Changchun, or kaiyuan, and finally at New
chwant or Detren.
Money Advanced an rewlna Ore
In soma instances money Vs advanced by the
buyers on growing crops. In most cases mch
advances are ptade to the farmers wgo cultivate
rented lands and are therefore not well off
financially. In retnrn the farmer contracts to
sell bis beans at from 10 to 20 cents less
(ban the normal market value on each "tow '
or 4 0 pound.
Native dealers in
such as Mukden. Newrhwang. and Changchun
are inclined to speculate m beans. In some
cases the buyer collect large quantities and
hold them in the hope of selling at nigner
p rices, and in other eases they speculate In
growing crops by selling on lorssra cosiisri,
often agreeing to sell beans for future delivery
at a price cheaper than the market price pre
vailing at the time the contract is meue. in
forward-contract deals the buyer is generally re
quired to pay 80 per cent or the lull contract
price for the beans, the sellers in mum mr
niMiing the buyers with adequate guaranties for
delivery. These methods of, buying and sell-
ins beans are confined to Hie large msien
New Tork. Use 11. (U. P.) The N
fork Evealnc ban financial review today aaM:
Today's stock market waa an wonted I y active
for a Saturday half seeskm. bsst price movemeam
were mixed with nrmnesa aexJertyW the sew
ers! hat. The standard taenia were tn bwt roas
ted demand." There was brisk be via of aeeae
of the ssiectaJitiee. tiaina were m to about
three points. Cnlted eStatea Steel was rrregwlar
within more or bass narrow timtta, aa were the
other steel si rea. the coppers east the railroad
lists.
At the end nf the first beset new str nttb atw-
meatarUy bfted the Industrial list te re prices
for the das vrita steel stove lOS. Mixed asm
uncertain more meets agasn em i ' d. bsieevet..
Tradinc continued vn awod vejume with irass
currents and profit -sahing. Fwrthev raenj aes
meat following the week s revaUvety heavy deal
ings was mwra In evtwenre. A mow an Sumatra
Tobacco after reaction to 111H. reepoeieX wvth
the ether tobacee shares Is the, removal of lev
era stent restrictions en tebacce leaf iasawsna.
There was a trend to sower levela m all grueaw
towards the ctoamc.
FINANCE,
INDUSTRY
TIMBER,
REVIEWED
1 1 1
1 Si
TSH
45
19
'si is
t,
I H
114
8
54
7
ASH
17
147 H
7 T
68
42 W
41V,'
4$t
1 tkl
81
1
46 1,
SOW
7 V,
I s
78
4t
8
ii
ft I 61 V
114 Vtitlz.
F.rte. e .
Ueaersl Fleet ric
tieaerel Motors
Uondrich Rubber
(1. N. Ore I .ends
;reat Northern, pfd
(reene tan
Ice Sice Tit tea ...
Illinois Central . .
Indwatrial Alcoboi
Inspiration
Int. Mer. Marine .
Kan. City K. c. . .
Kennecott Cesewr .
Lackawanna Stem
I -outs. 41 Nash. . . .
Mexican Prtroleam
Miami Copper . . .
Mtdvah? Steel
Mml, Kan. A. Teg e.
Mm. rarltK .
Nstwmal lead
Nevada Coaeol.
New Haven
N Y. Air Break
40 H
70 la
61b
15 Vt
146
119 si
Si
I H
41
SI
181
63
t5
is' "
Vi
6 V,
66
7 H
67 tl
SSH
86
40
iss
147
on a l
68 H
42 V,'
ii
' '
T6H
60 Vs
IS V,
148
12SH
si"
IH
t
ss
i si v'
64 S
21
ss
VI
Range ef New fork pieces turntsbed by Over
beck at Cooke Ox. 21 217 Board of Trade
bulMirst: -
KScBTpYKN I Openl HWh) Low Rid
1
$
74
4514
ViZ
SH
66 V
81 S
118 S,
8
64
T '
84 V
6$
86
49
16
lTV
146 S.
7.
7
7
41 V
2-4
4S
48
87
41
69 S
o
16 V
148
131
4
Sot,
91 V,
42 V
S4
93
1SOH
54 S
26 V
16
82
85
114
8
38
49
4
22
I 1
Alaska iiold
A Ilia -Chalmers, e.
A mer. Beet Sugar
American Can. e . ,
A mer. Car Fdry, e
A mer. Cot. Oil. c
A mer .Unseed, c . .
A meT. IMS, C . . .
Amer. Smelter, C .
Amer. Sugar, c. . .
Amer. Tel. & Tel
Amer. Woolen, c.
Anaconda Mtn. Co
Atchtaen. r. ....
rtaMwtn Lorn., c.
Bait. A Ohio. c.
Bethlehem Steel. B. 66
Brooklyn Rap. T. .1 40
Butte k Superior. .
CaL I"etreveum. c.
Canadian Pacific ..
(Vs. leather, c . . .
Chesapeake ak Ohio
C. sV O. W, c
C. M. t St. Paul.
C. N.. c
Chino Copper
C. F. I , c
Consolidated 4iaa
Corn Produrte, . .
Crucible Steel, e. .
IHsttllere
7 90
il'j's9
22
I 59
9
64
T
86
I4
67 I
67
ii'
'is"
4$
'''
a
in
16
146
119
I l
41
SI
iso' '
6S
i''
85
7"
'48
v vr - i
the lsrger bean markets. K; y;mUrio ' W.
Nor A Vrt , r. . .
:l.aV.
.j 72
liosH
.1 87
rACIFIC COAST BANK STATEMENT
Monday
Tuesday . .
W ednesday
Thursday
Friday
Saturday .
Week . . .
Clearings
Balances .
Clearings
Balances .
Clesrines
Clearings
Clearings
Balances
Portland Banks
Clearings This Week.
.$ 4,415.767.76
. . 3.288.474.86
. . 8.377.420.42
. . 8.224.684.88
. 8.265,291.68
. . 3.976.147.42
, .$21,547,776.76
eattla Banks
Tear Ago.
3.084.T14.78
2.951.608.79
2.958.64 1.86
2.609.735.42
2,673,619.00
3.391,982.79
$17,675,152.44
$5,323,625
865.257
Spokane Banks
$1,808,808
460,007
San Francisco Banks
$18,614,710
Los Angeles Banks
$4,898,919
Taooma Banks
$636,114
130,768
trsph (a), or place obstacles tn the War of
agricultural inspectors, will forfeit kllights to end do not, ss a rule, directly affect the grow
. u a I VI.. I il.ii Iia ' make forward
BHJ HV1UI1.
Minimum Price.
Provision Is made for the taking of duplicate
samples of the grain, and the tasting of the
grain by the department of agriculture. After
the crop has been harvested and the reports and
samples have been received by the ministry of
agriculture, statistics will be prepared showing
the' names of the participants, the state and
municipality of their farms, tha treat and types
of wheat cultivated, the time of planting and
harvesting, tire prodllclioh per hectare, and the
quality of the grain prod need. This informa
tion will he published as widely as possible
During the first half of 1919 an exposition will
be held at Rio de Janeiro, for the exhibition
of wheat and other cereals, and of msnufac-
tures of these products.
The federal government will, during the pres
ent yesr and daring 1919. guarantee a mini
mum price of SoO rets per kilo (slightly less
than 3.5 cents a pound) for all wheat of good
quality delivered in Rio de Janeiro.
Demand. Smaller
. And Coarse Grain
Prices Lowered
Chicago, May 11. (U. P.) Decreased de
mand for' cash oats and continued favorable
weather reports for all crops depressed prices
of grain futures here today. There were sharp
breaks in oats and corn. Provisions, were lower
on 6 weaker hog market.
May corn opened st $1.27 ',4, down cent,
but cent up at the close. July corn broke
cent and at the close had lost cent more.
May oats opened down and dropped to 2
cents, June oats waa 1 cents down, opening
at 71 and subsequently lost 1 cent, July oats
opened st 60 cents, down cent snd st the
close was down cent.
Chicago range by United Press:
CORN
May $1.27
July 1.44
Better Weather Is
'Bearish for Cotton
New York. May 11. tl N. 8 ) The failure
of the predicted cokl weather ia the southwest to
materialise led to heavy selling at the opening of
the cotton market today, and first prices were 22
to 88 points lower.
Sm York Bank. Statement
Average Loans.. Increase. $17,045,000: de
mand deposits, decrease, $44,389,000; time de
posits, decrease. $4,349,000; reserve, decrease.
S18.SZT.UOO.
Actual Irfians. increase. $97,749,000;. de
mand deposits, decrease, $144,313,000; time de
positor decrease, $4,878,000; reserve, increase.
$65,606,150.
almonds. 19 20c; filberts, 23 c in seek
leu; peanuts. 80$jeie lb.: pecans. 17a lb.
Hops, Wool and Midas
HOPS Nominal, 1917 crop, 15 18a lb.
HIDES Salted. 35 lbs. and UP. 12c t salted
bulls, 60 lbs. and up, 10c; salted ana grsen
kip, 15 to 25 lb., 13c; salted and green calf up
to 15 lbs.. Sic: green hides, 26 lbs. and up,
te: green stats, aw "is. ana up, oc; dry flint,
25c; dry flint calf up te 7 lb., 2r)e; dry salt,
20c; dry horse hides, each, $1.55 1.60: salted
bona hides, each. $3 00 4 00; horsehair, tail.
25c; horsehair, mane, 15c; dry lent wool pelts,;
40c; dry short wool pelts. 85S0c: salted and
green pelts (April takeoff). $3.00 4.00 each;
dry sheep shearlings, each. 26t$S0e; dry goats,
long hair. 25; dry goat sbearlints. .each, 15y
sue-, drv short hair goat, each, tat ss SI. 00.
w wool All price nominal.
. - .mn- ( . fin riAtt.'AUA VS... . .
tlnllli.a v oana, .floyjui
price for car tots. 8a,
TALLOW No. 1, lte; No. 5, 12c; grease.
ISO so,
MUILUH 1917. 40 080a lb.
Ropes, Paints, Oils
ROPB Sisal, dark. 24; white. tt Bx:
stanrfsnt Manila. 820.
LINSEED OIL Raw. bbb, $1.T tall kettle
Uouea. doss., . et.i I ; boiled,
cases. 1.79 aaL; tots of 250 ala. iaas. T"
COAL Oily waier wmis. iu arums at jm
bbls.. lo gat; cases, 20e gal,
OASOL1NB lrou bbls., 21. ems, Sltl
rina distillate, iroa bbfa. 12i: ui. e '
Wlint LLAD Toa lots, 12o lb.; SOU rhs..
tjc.
TUMPENT1NE Tankv 63c; oaasa, 7 Sot !
gasa io, "
Wlkli VAilJaJlasiatjirtea. I8.SS. .
May
J una
July
May
July
July
Msy
July
. .78
. .71
. .66
.44.75
.45.60
.26.50
$1.87
1.44
OATS
.78
.71
.66
PORK
44.75
45.60
LARS
85.55
RIBS
$127 $1.27
1.42 1.43
.72
.60
.64
44.70
44.15
22
.70
.05
44.79
44.15
25.25 25.27
.24.10 24.15 23.92
2133
23.92
Chlcato Dairy Prod tee -"
Chiraeo. Mar 11. (L N. .) Butter Re
ceipts 5663 tuba. Creams ry extra, 42c; firsts.
89 4lc; parsing stocx, aBSjawc
Kara Receipt 82.286 eases. Current re
ceipts, 81 82c; ordinary firsts, SlJ2e;
firsts, 82H9SSe; extra, I Sc.
Keer Tork Batar as d Cofte
Kew Tork, May 11. TJ. P.) Coffee Spot
No. 7 Rio, 8e; No. 4 Santos, lie.
Sussr Centrifutal. SS.06.
LIBERTY BOND SALES
Liberty
Monday . .
Tuesday . .
Wednesday
Thursday .
Friday ...
Saturday
bond sold ia Nest Tors:
3s 1st 4s 24 4
8.88
98.94
98 92
98 88
98.94
99.00
6 04
95.96
96 90
96.94
93.90
66.76
96.60
95 90
954
5 86
95.84
5.78
4l
98.40
S.24
SEED BEANS
ATTENTION, FARMERS!
Beans will be nlrh next year. Get. your
seed now. Wo hare all varieties. Uet
our prices before, buying. - .
Se M. HARRIS & CO.
I.1I.M Iroat 8W Tertlak, Of. .
ers. The large ueaiers who mass ii"
contracts generally endeavor to secure an option
on certain amounts of the growing crops in
order to be sure that they will be able to pro
cure enough brans to met their forward con
tract obligations. For these options tney wui
sometimes advsnre when the buyer is convinced,
by scrutiny ef the title deeds, that the farmer
at the owner ef the land upon which the bean
ere growing.
The sale of beans m the interior is cotiuuriea
as a rule on a stnciiy raMi new. o
branches of flie larger bran firm sell foreiew
and Chme-e goodv thc-e good, often being sold
on credit agairr-t the growing bean empe. The
price of the goods thus turni.neu are some
what higher than the ruling market quotation,
as the buyers wlh to obtain sufficient profits
to cover the interest on Ui money invesicu in
the gwds.
In bean transaction, several sinus r money
are used. Ui the Fengttcu Province small silver
coin notes are generally used, in tteilungaiaug
Province copper cash notes, tn Kirin tiao notes.
In the Chinese Eastern railway sons rubles, and
in the Soath Manchuria railway aone nlver yea
notes are used. The high rate ol silver nas
rr the nnrM of beans Very much.
except where they are purchased in fkf atan
dsrd currencies, suck as rubles and gold yen.
However, the prices of been are raisea pro
portionately with tli dlsceunt or the paper
money, based on silver, in wnico moei n.n-
sc tions are msd. The strong foreign demand
during the year, owing to shortace of foods.
minimised to a treat extern uie exenange iun-
cultiea. . .
As a general rule the largrr pean neeiers
visit tha growing dwt ricks Just before the har
vest in order to ascertain Uie conaiuons oi wis
Crop. The M.IUU1 BUSSan S-aisna, in skonra
company and the Tung Ho company (all Japa
nese companies) nave a larse nnmmr umi
Northern Pacific
Pacific .Jail . .
Prnn. Railway
Prop) e . .
Pittsbnrt Coal, e
Pleased Steel Car. c 60
Ray Con. 'or.. 25
I(y Meel Springs . .
heading, c
Krp. I A B.. c. . .
Rrfc Island
Hears. Roebuck Co.
Shattuck
Stndebaker. c . . . .
Rtuthern Pacific. .
South. Ry., e
wift
Trnneesee Copter. .
Texas Oil
Tobacco Products . .
I'nion Pacific, c.
U. B. Rubber, e . .
V 8. Steel, e. . . .
I 'tab Copper
Vtr. Chemical, c . .
Wabash
W. C. Telrrraph . .
Westinglum. Klec
Wllly's-oierlend . .
ool worth
22
61
2
69
I 20
34 SSI 84
I .12
.??M.?8..!?.
166 ,106 l06
67 I 87 M6
S1VS1U31 SI
44 I 44 I 44 43
44
88
53
66
7
21
16
37
95
2S
141
17 W
LSI
I 69
124 '124
56 i 58 I AS
61 I 86 '
25 26 I 2t
56! 5S
93 86
87 87
20 I 20
142
1
ST Vi
2S
I4L
17
149
Be
12S
66
96
66
21
16'
37
85
28
141
17
151
61
L6
37
M
22
141
17
160
61
1178
I 67 57l 67 57
106 109I107
82 62 H 82
47 47 47
. 6 8
4 94 94
42 Vj 42) 42
17 17 l 1 7
I I I
109
82
47
94
I 2
I 17
.1114
Total sales 4 80.800 shares.
There was a little covering after the start.
which rallied the marker about 80 points from jQ. agents who visit the bean distriots from time
the lowest. At the end of the first IS minutes te time, from the planting season until harvest.
tha market was steady and about 22 tu 25 points
net lower.
The market closed stetdr at a net decline
oi 2505 points.
Furnished by Overbeck Cs Cooke Co.. ?n "it
Boara oi iraae Duuaing :
Oueh Hieh. I-ow ci.
January 2530 2548 2509 2500 i
reoruary .... 2499
March 2588 2343 S5oo 2495
May 2b35 2647 2635 26SS
June 2603
July 264$ 2645 200 2598
August . 2568
Beptemoer sb
October ,. 2558 2570 2620 2524
rsovernoer , 2515
December S54 2551 1307 2508
new xera spot marxet -X I OS ; so down.
POTATOES ALL ALONG -THE COAST
San Franalaee Market
San Francisco. May 11. iu. P.l Onions
Per cental, orown or yellow. 7S at 8 Sc.
Potatoes Per cental. Delta, $1.2t I SO. re
packed; Oregon Burbanks, $1,49 4)1.55; Nevada
itarnaaxs, ei.av sy i.uu.
Los Antysvos nartet
Lea A nee lee. Mat 11. (L N. 8 I tSwai
northern Burbanks, $1.65; locale $1.49 f 1 50:
Idaho Russets, 11.4 5 sSl.60; new. 6!&e
pounu; aweeia, x.vu lug.
DAIRY PKODLCE ?f THE COAST
an Franetstw Market
San Francisces CaL, May 11. (O. P.)
Butter, ritraa. 40 c.
F.C2 Kxtraa. S9e; extra firsts. Ste
firsu. 89c; extra pullrU. $8c; extra first pul
lets. 87 c.
Cheese California flats fancy. 22c
Lea Angeles Market
Loe Angeles. Msy 11. It N. 8.) Butter
California creamery extra. B9c
Kgs Hxtraa. S9e; case count. $8; pel
lets, S6c
Seaeral lMeereaekt tn Bttraeks Cea
efUeat rpjru trotn cornrnerctaj ttvn
cra ahow as upward trMvt ht bwmneaa
conditions In Portlavn and Uttreftrout
Pr5?n- PeeTsand for inen at hltrh erairea
in KMrrrerda and tn lumner tnlllt and roe.
irln eamaa) Has teenpted many ansaUl
rrwehanta to cfoam their doors and take
nDyTrtU tn tbsMsa Induttrtetv Other
nrerctianu have enllated In trlsvua
branchea of military eerTV. Ttra r4ld
lncr tioesi of rrretXiajtdka and
uncertainty of tha market Baa rrompted
many mrt;hanu to realm em their
tocka at a rood profit and tek other
llrreaj of activity. Merrhanta eemHaln
of the tcsrclty af fdaprea. eespoelsUly In
tha hardwaro llfera. WlroteemHra and Job
tsera are xeeomln more cortiserrmnr and
thero haa resr a marked Imrramerit
in trre starrdard or credit. Biackstniths
and i-etmir man have found It mora
P' to Wor in ahlnv-arwa tk.n
IB Small tOrne havw least Ihele hstesasr.
wtth tha Meady ernreorment of Doatera
and tha ps-orrrelorl of thee plaeea hare
UiemtwsiVea roe tha meet part Wrved the
army or aorkeea. turlnc tha etx months
endln May 1 there hare been $71 new
MMrteeal Coacema establiaSe1 ls .-
land, awrvyrdlrwt to R. O. Fhin A Ox. and
i rated cemcerrva hare dswovmUnoed
bualneeai duttnc that period. The total
numtver or merchants and manufacturers
rated by n. O. Dun A Co. In Portland
on May I waa IS, an tocreae of onlv
two since ovenber I. lttT. Tha total
number of bunlnesm place tn tha state
On May 1 was 11.927. compared with 1S.-
zi on .November l. hit. a deer-eats of
lilt. A total of MOO roivcwrna wweit nut
of huftlneea duiina the six months period
una new entemrbtee were ttswuv.
DurlnaT the ft rat four m on tha of isit
there were ts business failures in O re
ran, aocordlna? to U- O. Iun A Co. with
acirrerBte liabilities of fl.tI4.5SZ. mm-
rwred wttn iro failure durlns; the rfret
rour months of 117. with liabilities
amounting; to T?$.907. Of the falluresi
durinc lti five concerns show liabilities
total In: apprtvsimately 1 1.410 000 and one
of thin number eh owa liabilities of about
$890,000. The laat named business haa
been In financial straits for tha pant
four years and tha antvouncement of Its
Insolvency casta no reflection on pre
ent bueinee condlttona
Lam aer meat Treat CeMssay Bsre
Read Beads, Tha Lmrrmervn Truwt
company has lust rusrchaaed two Issvuea
of 6 . per cent road bonds of Tsklma
county. WaKhlntrton. On of the lawuea.
amounting to tlM.OOO. to prorbis fund
for th retrradlna: and hard aurfaclnr of
the Moxee road extendlnr from Tsklma
to Moxee. a drstance of T.4 mile. The
panne- will consist or concrete baa with
bltullthlc surface. The other I same,
amounting; to approximately S99.0O0, will
provide funds for constructing; a con
crete road near Bunnywlde known as the
Ft! vers M road. This klrhway la 4.11
miles In lentrth. Ote unuauaj feature of
theae bond Issues U the short term, ap
proximately Co per cent of each Issue
maturing; one year after date. All the
bonds AII1 be dated July 1. Ills, and
the county will Immediately levy a tax
rmfflctent to take up mora than hs.1T
of them 12 months later ; the balance
will mature serially, one to 15 years
after date. It will be necesevary to eecure
the approval of tha Capital law mo com
mittee in Washington, T. C. before the
bond) can be lawtresl. TV. L. DlmmVck.
chairman of the . board of county com-
mlswtvoners of Tsklma county, mada a
trip to Rpokan last week and submit
ted tha matter to I).. V. Ta-ohy. preal-
dent nf the Old National bank, and mem
ber of tha federal Reeerva bank'a sub
committee on capital lanuee. Mr. Twohy
unreservedly approved tha project and
upon his advice the commlmdoners sub
mitted details to tha capital commis
sioner in WenhlnaTton and sent dupli
cates to the Federal Rewerv bank In
San Kranclaco. The fact that mora than
half the bonds will ba paid In one year
and the funds will thus ba available for
Investment In LJberty loan Issue at
that time, la expected to ratty we1ht
In InfluenclnaT the committee's decision.
Beaker Will Take Vp Army IT ark .r
R. W. Bell haa avoid hi Inlereart In tie
State Bank of Toledo, Wash., to Huch
K. Bran, recently of Bend. Or. lender
the new organisation II. K. Bran la
president and A. C. Bran caehler of th
Toledo bank. H. t-1 Bran haa had ex
tensive banklnt: experience tn" Oreiton
Idaho and New Tork. Since Mr. Bell
took chsrre of the hartk In 1914 Its de
posit have Increased from $4S.0OO to
1 120.000. Mr. Bell expects to enter somk
branch or army work.
Banders l ae Deatta Fir Istlead of
HteeL Qn account of the hlah price and
scarcity of at eel for ewaentlal war pur-
architects and cantractors In many
West era eniea haw refected ptsns for
th roMtructlem of T art en W a, sTorea,
warehooaee and apartments of' tkourhaa
far kMhil and rlr-dera reesptte tho (act
that tmmenae aaaaUtlea of DouClsa fir
t km bars tu belac used tn hlpbutWm
And other ovvw-rmverrt rrecta, aa ade
rfaate supply will ba available tor alt
bulkHna purpotie durintr th war period,
say tha lumbermen. Bat eve ssttowtd
the war's demands diminish, tha supply
of Tenrrtss rtr trsxruTal trmbr. -sentUI
bufldlnr operations would not
treed to eekjsv. roT an alternate tAan, pro
vidlnir for heavy mill construction by
the uae of built-up or laminated beams. -has
been adopted. Tats method f sveavy
eonarrwctlon has been weeespted jy both v
the Chlcaco Board of PTr Crrderwrttarti
and th National Board of FlraeUndar
anitera. Kxpertmeata nova denoostrafeej '
that nourtaa fir beams built up bT
baltlnc toeretheT a number of smsller.
Pieces have alt th stranrtA and first
f conduct .man .nteeel" rrx,. I realstin. qualttkas of jeolkl t""-
oers. iiiis iiiisisjiv i't sv - .
uccetwrul use In butlt-op truJUked beams
and In various types of ttmber construo-
tlon where loos; spans are Owsiraa or
Curved rnvmihers needecL Now that Bee
ret a ry McAdoo and other kvara meot
authorttrea have exrn-eaaiy aernare uvax
they are not opposed to now rac
tlon that doe not Interfere with trea
proecutron of tha war. butldtntj asttTrb.
tles have been renewed tn all port of tht)
country. New build Inr eon tracts for tkB
first quarter of Itll In tha country t
larre exceed tn vat ye tksoaa of any of.
tha rirst rjusrter "Since Hit. TJouflaa .
Tr Is tn constant and tncraaatnt; do--'
mand for bulMlna; opeeatiana tn masy
places where steel formerly waa ass 4.
eraaa Breasis or Camas err aj
resaey Oermany went to war to risi
trreater control over markets for hr
manufactured roods, and over Th
aoarces of raw mstetiaJa that enter into
th ma kin- of such roods, and ttis ffi
aanttc failure of thasa commerctaj arm
la already apparent. Such la tha defi
nite conclusion reached by Cheuncey I.
Knew, aawistant chief of tha Bureau Of
Fyrelcn and Domestic Commerce, and hrs
collaborator. J. 3. Krai. In a import Issued
today by tha Department of Commeecaw
The report ts the result of months ef
rnveatlcatVon of Gorman polrtlral. Indu.
trial and commercial activities barn
and after the outbreak of tha war, th
value r which Is enhancer! oy in xacx
that Mr. Snow was entered In an tn
dua trial study In Germany at tha tlmb .
hostilities commenced. Germany prob
lem, as viewed by her rulers, was. to th
words of Dr. Karl HelfTrTtch. to osrer
come "the limitation of German terri
tory and ths restrictions Imposed by ofaf
climatic condltlona, tn conrtecUOO Hh.
th rrowth or our popuiaUon and fta
mrreaaalna and mora refined "ooVr-.
-..nt a - Th report adds that Trr-
tnany also aoandanUy sxpected aa ft
result or thla war to ret nurs irrueew
vittee which. Ilk the tTTat Indemnity
exacted from Franc tn I ITU would py
the bill or war. and would tlkswtaa eiear
tha way 'or uninterrupted, unparalleled
atrvdee, leapa and bound tn Instustry and
trade. Oermany UTsaurlioaaiy cwuntsxx
on ertppllnc th resources and competi
tive power or her chief tairopean coca-
mercial competitors.-
Wins Way to Front ":
To Make Saoriiice
Oilcaro. ni-. Msy 11. Not toht ar
Thomas J. lemlrux. or thla cttf, only W
year old. "beaf his way on th ttndsr
of locomotive to New Tork, hunted
sp a ship bound for Franc and swtai
his way across tha se. tn order to sT"
Into th fight aralnat Uvd Oormaaai,.
Hs rsaaed lh physical examination, put
waa rejoctad because ba was tottsta
mathamatrca. -
Tha ham of Thomas J. inamltss; now
appears In a tint of Ajnerlcan toldar
killed In rranca, Ha la believed to
have bean tha Chlcatfoa who snavds tb
thrtlUns Journey abroad. Flamlnt bad
written bom that has would "do any
thlnr to ret In to th -cr,"
High Grade
Overbeck &
Cooke Co.
Stocks Bonds
Cotton, Grain, Etc.
DIRECT PRIVATE
WIRES TO ALL
EXCHANGES.
Members Chlcaro Board of Trad
Correspondents of Loraa dt Bryaa
. Chicago, New Tork
114-llt Board f Trade BaBdlar
The early f reeling ol tne roaos lacuiistra mi
transpnrtaUon of the hvt crop of beans te the
various markets sod enaoies tne grivwers v dis
pose of their products. No important changes
have been made In the mutes over which beans
are brought to market. The rhargea for inn-
prrting the brans were increased conswievmeiy m
some cases. I lie native -ane iih itw-i
n.nr. l,.n l no nr cent ana irvicni cnarwes ou
tle Chinese l-jurteru railway oy more tian vwu ,w
per cent; the charges of tu sourn atanrnuna
railway and in nver iniim"i cs
remained about Uie same. The fall in the valne
of the ruble accounted for th enormous in-
eiease in the freight rats.
Been Mitt In Olr1ctxport From Slew-
onwan
There are shout 100 beaa mills, large and
II in Mukden and the immediate vicinity.
No statistics are available aa to these annual osit
rjut. a most of the mills are small and de net
operate regularly. There are about SO mills in
Lieoyeng. 13 tn iiatcneng, iv m nimtson,
abd went in Newchwang. There ere also mills
located at Kaiyuan and l lenung. out a present
their number is not known.
The mill at Newchwanc have tha following
monthly capecilara (given us piculs at 1 1X4 1-3
pounds) :
r Dmow
Mills. of presses
loo
so
e
B0
40
0
SO
B
Church CuU Crrmaa Nam
ut ivssisv Utv. May IU Ths
Merman". baa been stricken from tha
nam of BL Triers Oerman lutAeraa
church of thla city. Th tsctvnn waa
th result of a vote taken by th board
or directors of tha church. Rev. A. I
Hern thai has appealed to hlo CMntrreCav
Uon to purchase Ubarty bonds and a
nouncea tha arvpolslment or bond aaJea
men to push th rata of bonds la th
church.
Tout Tun Mae.
Hal 1 Shun..
PV-ula
of MU
8.600
2.100
2 1
1.800
1.440
1.060
3.600
PVols
of Cakea.
90.000
64.OO0
4 n
5.000
a-.
$6,000
27.000
99.00O
Halne Shun Kuet . .
Tu F Hsiang ....
Hou Fa Ho
Tint Fa Uo
Hotnet Mao Tang . .
kvodera Toke . . . .
s-..-M . Km- mm is hMB nrosucts r
Newehwaag were as follows for 1916 and 191T,
respectively: Beans, 98.S95 and 41,000 tons;
beaa cake, 194.089 and 161.127 tons; and
beaa oil. SU3U ana lilt son. i ne owiisai
were due to the shortage n the 1917 crop. aSd.
it ia behaved (though as staXasOe am yet avail
able), te the diverting ol th trad to Detren.
At newenvrang tne oeana imiw ey vev
routes by river, by rsu and ey cans t rose n
aouUieast districts. The beana are sold by
measure: those amvint oy noa ana oy rrais
are eereiuiiy wvesru on oy me mm.nw, ww
bousht from tne carts ttenerauy a mue er iwe
outot the town, where the buyers meet the
irta) are snortnex on ay is eeyw, woe
naturally gives himself a slight keoefn by
heaptas lbs msssurvs. Tha euntoea as else mid
to prerxil upcosbtry. Beans brouatrt by train
by mudlemek and Bought at the Japan sta
tion are alwayt paid fat In rycee. Thee brought
for sale by eoata are sou iron we nosm stone-
side the bund.
Ssa rrasclsca Grata' Market
San Francisco, Ms 11 frsrs:
Barley Per cental, teed. $t.U$.8f.
Data, per eenuO Bed utd, $8.10 1-20.
Odd Lot
OS tAVtS DNAINAI OUT. , 1M1.
1,000 atAVIR BftAINAt OUT. Sa, 1St.
i.soo ntiNTx Loo. oo., r. m , iria.
SO MAnMFIKLO. OSE !- . 1H.
i,aoo wkMscn A MiatttMt oo r. M. ,
1St1.
10 WARRtN A HlddllU CO, t. Ms as.
11.
14,000 dACKSOw COWNTT, OSI, fteasl be.
IMS.
1.0O0 HOLTVILLI. CAL aewer Se, 11.
10 COLUMBIA AGRICULTURAL CO.
isto. r
tO PinnOALK. bVSL. Imp, 7a, 1t.
r.O0 SonTVAno, OS I. Isrsy, Sa, ISIS.
1,800 sVHATOOM OOWWTT. wn Sread Oa,
tsta.
00 SVAMKIARUM OOUHTT; VTal, 9117.
SO. 1 7. 19t.
tOO BATTLE OOSJOIM. A. B 0. IMS.
SO BWRLISJAMK. CAL, Ivtte, , ISt.
00 TV9M ASMS. I. M . 1X.
S.09O OOOIN OOwSJTY, IftANO, rTwat
5. 1St7.
,0O IwWtlTMItmR.a.OsKlllt.
1 SS SAN SktSJO, CSL, Imp. Ta, 1tS.
00 AH BRUNO, CAL, Ima. 7. IMS.
400 ASJ RWtiO. OAL lirs. ts, 114.
100 AS1 BRUNO, OAU. Is, T. It.
new itiutt
M400 lOANO FALLS. IDA, Ima, o.
0.O0O SAN MATEO. CAL. I(v. 7a
A.OO0 MILL VALLtT. CAL, liw. 7a
Aak fee stall
Lumber mens
TRUST COMPANY
taettat sat tssrts $
lasiktrattst tla. , f rtltsa.Ora.
MORRIS BROTHERS
MMRrettTt
Tee4T srf'arsNW syVvssNaaw aaooar (wwteasar ays' sas"w'l(eva
tUuUUlvase. 1 Tears
201 RAILWAY BrXHAhfCX BUILDING
roRTLAND. OREGON
MUNICIPAL BONDS
l 5.00
tOO
s.oo
a.4t
5. MI
7.n
i.tts
1.77s
B.OO0
.00
5.00
5.000
6. tKfl
5.00
5. (XV)
6.0O0
r.ooo
l.ono
too
14.000
1.560
l.fcOO
1.000
Z. 000
X.000
J.OOO
,
z.ooo
I. too
l.00
1.500
te.OOO
41.600
.009
.00
e.tv0
t.OOO
xooo
JAD
JAJ
FA A
rA
rA
JAJ
JAJ
MAS
MAS
MAS
MAS
MAS
MAS
MA8
MAS
MAS
A AO
FAX
rJ
MAS
MAS
MAS
MAS
Mas
MAM
MAS
MAS
MAS
MAS
MAS
AarO
MsVS
FAX
l:i
117
rric. Yield.
llfrOH -lit
101.04 $.40
100 M
1919-11 To Net,
1910-2 To Net
Jtlt-ll To Net
lrs-t To Net
1910-tl To Nat
1119
14 11
let 4$
1S4 71
14.9$
15.17
ibilt
1657
15.7
let .94
100
10 00
1U-Se TO Nt
Rata Maturity.
Portland. Or, Improvement. . FAA llll
tNorth Bend. Or.. Improvement
Astoria, Or, Water
tAstoria, Or, Imp. Hartee No. It
1 Astoria. Or, Imp, Karte No. 11
Astoria. Or.. Imp, Series No.lt
tCity of Cornellua Or, Imp....
City or Cornelius, Or, Imp....
Ontario, Or, Water Serial. . ..
Ontario, Or, Water Serial . . . .
Ontario. Or, Water Serial. . . .
Ontario. Or, Water Serial....
Ontario, Or, Wster Serial....
Ontario, Or, Water nerval....
Ontario, Of, Water Hetial ....
Ontario. Or, Water Rertal ....
Ontario, or. Water BertaJ . . . .
Toledo, Or, Kundlnc
Athena. Of- Water
Ne Fere County. Ida, Waha
Tammany Kith way District
Coeur d'Alehe. Ida, Refund'
Cewur d'Aletvs, Ida, Refund'- I
Coeur d'Alene. Ida.. Refund's
Coeur d'Alene. Ida, Refund a;
fCoeur d'Alene. Ida, Refund's
Coeur d'Atene. Ida, Refund
Coeur d'Alene, Ida.. Refund s
Coeur d'Alene. Ida,' Refund
t Coeur d'Alene, Ida, Refund
Coeur d'Alevsa, Ids-, Refund r
Coeur d'Alene, Ida, Refund's
PTOvInc of British Columbia
Victoria, B. C Uold Bands...
tO raster Winnipeg Water IMsL
All tht Above bond or direct I Vena of th Municipalities tsautnt sauna
1 CANADIAN COYOdOmrT BONDS
Rata Maturity. Frlea Ttetd.
ICanada'a Victory Loan Oatd H Jt 121 $ TI ATS
ICanada a Victory Uoaa (eotd IU JtD 11? ITt
(Canada's Victory Lew. a Ootd IS, JAD HIT ll-ITI .
Demtnkjo of Can Two-
Tear Gold Note K FAA .HI Mil J
l(M denomlnatlOfL
bonds of ll.bOO dervsmlnaatsnts.
I Denotes bonds of 100, $$ and $190 denomination.
Denotes bonds of 4 So. tioo, &oo and $1000 dstiornlnatios.
Telrrraph or Telephone Order at Our Ipoaa
Teiephon Main 1409
FinAfvclAl DetAitl of Above Issues
WUI 6 FanLakaal Upw Raqaast
Ittl
114
115
111
117
ltl
119
119
111
1911
111
lt
12
HIS
11.2
10 tl
14 II
1941$
ies.it
1911
In It
al0 tl
197.00
107. IT
107.7t
soil
91 t
t$l
P
1.16-1
.2S-4
-15-40
AM
t
164
t 64
i 6
6 5
.
AM
IM
Alt
0
6.04
IM
AH
II
II
111
111
It
lit
111
J6
111
H
II
Tl
t Denotes bonds of
Dectotaa