TIE OREGON DAILY JOURNAL, PO RTLAND, FRIDAY, JANUARY. 3, 1919
J.5
PRICE OF FLOUR DEPENDS UPON ACTION OF GOVERNMENT
MARKET FOR BUTTER
IS NOW IN A POSITION
WHERE IT MAY RISE
Puoet Sound Making Determined Ef
) fort to Force Values Up Here
Situation Is Critical Use Club to
Force, Upward Action.
Market for batter te showing liberal strength
here. The recent advance of 2e. a pound on
Puget Sound imth to bar upset aoms of the
interest. Apparently there- are inny In the
trad ber who believe that whatever Puget
Bound doe la proper and what Portland doe
la not good. .
The fact of the matter is there is little
mom" for alarm here among the trad because
of the Pnget Hound advance, even though it is
still possible thst a higher price here may be
forced as result of" the northern action. Truth
ia that tor several months Portland, creameries
were quoting le above Pnget Sound for butter.
. therefore the advance of 2c in the north places
that market only lc above Portland. As it
takes about c a pound to ship supplied to
"the north from this territory and as there is
shrinkage in transit, seemingly there is little
' in - sight . for those country cit-aroerie who are
' so anxious to ship their cubes te the northern
Heatue has, during the last day or so. been
a bidder for butter at -Salem and other Wil
lamette' valley points and lias bid around 03c
a pound for extras in cubes. This action is
believed to be simply an attempt of northern
interests to force Oregon prices as high, if not
higher, than theirs, so the north can do the
. business. -.
Kor about 10 days local creamery interests
have been asking , as high as 03c a pound for
cube extras. This price is out of line some
what with the print price and would indicate
- a shortage of surplus butter by the various
maker.
. - A fact that may have a tendency to force
, higher prices is that ttie condensates have ad
.; vanced their buying price of milk 10c per hun
dred pounds.
COUNTRY MEATS RULING HIGHER
. With sales of killed calves along the s treet
from 21 Ho to 22c and' a small bnxiness a
fraction above tiiis and with bogs selling gen
erally at 22 22 He for tops, the local mar
ket te reaching a n-w high mark.
ADVANCE IN BUTTER MAY
i PROVE VERY SERIOUS
By Hinan H. Cohen
Further advance fn the price of butter
at Pacific Northwest points may prove
a more serious menace to the industry
man any of the trade here of pro
ducera have figured upon.
Fact of the matter is that the pricef)
or butter is already so high that the
consumption of so-called substitutes,
such as oleomargarine and nutmargar-
ine, is growing faster than ever before.
Many people cannot afford to buy
butter at the present price ; at least they
cannot purchase their usual supplies.
These people are naturally, purchasing
oleo and it may be, will never return
to the use of real butter agaim
. This is the critical period in the pro
duction of milk and cream as well as
butter and an advance in the price will
mean but little to the producer at this
time, although it may cause the ruin of
the entire Industry by aiding the sale
of substitutes.
Corn and Oats Are
Off at the Opening
Chicago, Jan. tr (t, N. S.) Corn opened
lower today with trading extremely
light at the opening. There was some scat
tered commission house selling.
With the domestic demand better and re
ceipts light, oats opened about Si c lower. The
market was featureless. Commission houses sold
lightly.
Provisions opened a trifle lower and inactive.
Chicago range, furnished by United Press.
CORN
Open. High. Low. Close.1
January 141 144 104 143 14
February ...... 135 H 139 135 H 138 j
March 134 13H 134 V 137 Va
May 135 H 137 134 137
July 134. 136 134 130 Hk
3 OATS
. .. 68 Vg 70.
. . . 6"B 14 71
. . . 60 71
. .. 094 71H
PORK
January
February
March . ;
May
67
6!) H
C9H
70
70 X
71
71H
jEGG TRADE ISCLINKD TO SAG
While prices are allowing no further change
here for the day, the market for eggs if in
clined to sag. Receipt are slowly increasing
despite the cooler weather and the surplus is
f rowing. '
CHICKEX SUPPLY VERT SCARCE
Supply of chickens is extremely short in the
local wholesale trade and values are firm ' at
the recent high record. Receipts of chickens
her during the last 10 days were smaller than
for any similar period for many years.
TURKEY MARKET QUOTED LOWER
While attempts are still being made to se
cure' former prices for dressed turkeys, actual
sales along the street during the last 24 hours
were no higher than 41c a pound, generally for
top quality birds.
MEXICAN TOMATOES ARE C03IING
Wrst carlpad of Mexican tomatoes of the
season is expected to leave the southern re
public for Portland during the day. The local
market has been ' bare of supplies for some
time and arrivals will sell high if in good
condition.
BRIEF SOTE8 OF PRODUCE TRADE
Carload of California celery is due next week.
Revision of sugar prices . in regular quota
tions. (ires shortage of southern vegetables here.
Cabbage market firmer with good stock scarce.
, Holders of garlic are asking extreme prices.
WEATHER JiDTICE FOR SHIPPERS
Weather bureau advises: Protect shipments
during the next SO hours against the follow
ing minimum temperatures: Going north, 28
degrees; northeast over 8. P. & 8. It. R.. 10
degrees: east to Baker, xero, and south to Ash
land, 20 degrees. Minimum temperature at
Portland tomorrow about 28 degrees.
January
May ...
January
May ..
January
May . .
4330 4300
LARD
2392 2410.
RIBS
2605 2603
2385 2405
4340
2383
2T.97
2380
4750
4350
2360
2402
2605
2400
LTBBY CA55EET AT YAKIMA
CLOSES A GOOD SEASON
Yafcima, Wash., Jan. 3. The cannery plant
of Libby, McNeill & Libby has closed with a
total of 3.100.000 cans of f ruits and vege
tables for the season's run. This is the second
year the industry has been operating here and
the second season exceeds the first by a pro
duction of 400.000 cans. Aside from the
Usual ran of fruits the cannery has bandied this
year 15,000 cans of spinach. 10.000 cans of
beets, 15.000 cans of pumpkins and 10,000
cans of strawberries.
This is the first season the plant hss handled
vegetables, but arrangements are being made
to increase the output largely along this line.
Manager R. C. Turvin is authority for saying
that the company will handle 700 tons of spin
ach next season, or 200.000 cans, enough ton
nage to fill 20 cars.
Th3 plant employed a crew of 500 at the
height of the season and carried a payroll aver-.,.
aging $6000 weekly. Next season the force will
be increased and it is anticipated the output
will be practically doubled.
CHEAPER FLOUR MAY
RESULT IF SUPPLIES
GO TO GOVERNMENT
Millers Say That Public Will Re
ceive Benefit or Higher Feed if
Surplus Can? Be Sold at Reasonable
Price Action Expected.
NORTHWEST GRAIN RECEIPTS
-Cars-
Fri...
Portland,
Year ago
Season to date. .
Tear ago
Tacoma. Thurs .
Tear ago
Season to date. .
Tear ago
Seattle. Thur. .
Year ago
Reason to date. .
Tear ago.
Wheat. Barley. Hour. Oats. Ha
8
6
.5731
.3561
. 30
i3962
.3186
8
.4084
.3272
4 a
792 1487
167 499
18
56
48
186
3
877
979
1 8
4 fi
655 2097
774 1167
4
123 872
172 1093
3
460 192a
735 21L6
That the general public wi& secure cheaper
flour aa a result of the higher prices received
for millfeed providing the government will take
flour at a reasonable price, waj the statement
made during the day by a leading milling in
terest. A reduction fn local flour values te really
due as a result of the higher price of feed,
but millers will be unable to figure what this
reduction will be until they find what the
government will take and what price it will
pay far the surplus. Therefore, all depends
upon government action.
While some of the millers are rather ex
cited because the government took no flour here
in December and thus far has purchased noth
ing for January shipment, the cool headed ones
are willing to wait a few days to see what ac
tion will be taken before they get excited.
Max II. Houser. of the food administration
Grain Corporation is expected home within a
few days and government acUon may then be
taken.
FLOUR Selling prices: Patent, ( ): fam
ily wheat flour. SI 1.00 1 1.20 ; barley flour.
10.70; Willamette valley, til. 00; local
straight. 810.85 C 1 105 ; bakers' ocal. 810.85
11.20; Montana spring wheat, patent, $10 S3
11.20; rye flour. $12.70; oat flour. $10.70;
corn flour. $11.50 14.00 per barrel: graham
flour. $9.80; whole wheat flour. $10.00. Price
for city deliveries in five barrel lots.
HAT Buying price: Willamette timothy,
fancy. ) : Eastern Oregon-Washington fancy
timothy, $31.0032.00; alfalfa. $27.00
C27.DO; valley vetch, S2S.OO; chest. );
Clover. SUB 00(3 27.00; grain. $26 00 per ton.
GRAIN SACKS Nominal. No. 1. Calcutta.
0c ia car lots; less amounts higher.
HOGS REACH $17.50
AT NORTH PORTLAND
WITH LIBERAL STOCK
Rather Heavy Run Is Shown After
Absence of Offerings Advance of
Quarter Scored Cattle and Sheerfl
Show Maintained Values.
Chicago . . .
Omaha
Kansas City
Denver
Portland . . .
HOW LIVESTOCK SOLD
Hogs. Steers.
-Tops-
Lambs.
. $1 7.90
. ir.eo
. 17.70
. 17.16
. 17.B0
$1975
18.80
18.00
16.00
' 13.60
$ie.es
1B.7S
16.60
1S.7B
. 13.0O
Hoes. Cattle. Calves. Sheep.
1285 219 20 400.
312 129 2 ....
511 125 11 1447
757 10Q 4 20
1338 353 5 98
536 129 3 20
1231 172 ' 2 830
2171 118 ...
1510 99 . .' 1343
u in ear jou. lean imuuiiti uiKJier. . ... c , t v iui iuulwii auu continues l.o
MILfeSTUFFS Mixed run, at mills, sacked reflect great strength ' at North Portland with
Tr Yorb-St. Louis Motals
New York. Jan. 3. I. N. S.) I.ead. quiet;
East St- Louis spot, offered, $6.00; January,
offered. $5.75.
Spelter, quiet; Kast St. Louia spot, offered,
$7.80; January, offered. $7.60: February, of
fered. $7.55; March, offered. 87.50
St. Louis. Jan. 3. (I. N. S.) Lead, dull;
quoted. $5.75.
Spelter, dull. $7.80 for spot and $7.65 for
January shipment.
mixed cam. $41.50; ton lots. $43.00. less
amount, $44 00 per ton.
ROLLED OATS Per barrel, $11.20.
ROLLED BARLEY Per ton. $52.00 53.
CORN Whole. $67.00 S 68.00; cracked.
$69.00 & 70.00 per ton.
' Merchants Exchamre bids :
FEED OATS
Jan. Feb. March.
No. 2 white 5200 6200 6200
BARLEY
Feed 480O 4 8.10 4 850
"A'" 41)00 5100 6100
Eastern oats and corn in bulk:
OATS . '
No. 3 white 4650 4800 4850
38 lbs. clipped white. . . . 4950 5050 5050
CORN
No. 3 yellow 6100 6100 6050
No. 3 mixed ... 6000 5900 5900
Sales 300 tuns January feed barley at
$4 8.50.
The following letter was receive J by the
Merchants Exchange association regarding the
report of advance in freight rates of 2c per
hundred on grain product :
"There has been nothing before this com
mittee and we have no information of such an
advance, but telegraphed to the western freight
traffic committee at Chicago, of which A. C.
Johnson ia chairman, and am just in receipt of
his reply, readme as follows: "Only general ad
vance in grain re.tes have heard about is con
templated advance in reshipping rates east of
Chicago and St. Louis, which will include rates
based thereon, such as grain products and grain
from Minneapolis." F. W. Robinson, chairman."
JOBBING PRICES IX PORTLAND
These are the prices retailers pay wholesalers,
except as otherwise noted'
Dairy Products
BUTTER Selling price, creamery rjrtntJ.
parchment wrapped, extras, 68c; prime firsts,
62c; firsts. 60c; in 80 lb. boxes, o less; 60
lb. boie.i, lo less; cubes, le less; dairy 40c par
lb.; jobbing prioes. cubes, extras, 61 61 Ho
lb.; prime firsts, 68 59c; storage butter, 61
62c per lb.
BUTTERFAT Portland delivery baste. No. X
our cream, 67 W 68c.
OLEOMARGARINE I .oca brands. 80 and
60 lb. tubs, 35c; 1 lb. cartons. 36c; 2 lb.
cartons, 35.Hc; nutmarcarine, 1 lb. cartons, 33c
per lb.
CHEESE Selling price Tillamook fresh
Oregon fancy full cream triplets, 39 W 40c lb.;
Toung America, 40 041c: prices to Jobbers,
f.-o. b. Tillamook, triplets, 36c; Young America.
37c; price, to jobbers, f. o. b. Myrtle Point,
triplets, 354c; Youngs America and long horns,
-86 9c; selling price, brick, 43c; limberger, 88
' (34c; block Swiss. 46 47c per lb.
EGOS Selling price, 68o per doc: buying
price, 65c; selling price selected. 70c
EGGS Public market retail selling price. 75o
per dozen.
LIVE POULTRY Heavy hens, 32o lb.; light
rtens. 30o per Mb.; broiler. 30c per lb.; old
roosters, 20a lb.: stags, 25c per lb.; squabs,
$3.00: ducks, 30a per lb.; pigeons, $1.50
$2.00 per dox.; turkv3, live. 32c per lb.:
rested, 40 4 lo per lb.; geese, live. 35c per
lb; dressed, 40a per lb.
Frash Vegetables and Fruit
. FRESH FRUITS Oranges. $3.75 5.50 per
box: bananas. 9 U He per lb.; lemons. $5.00
06.00; Florida grapefruit, $5.75 7.00: Cali
fornia. $3.75.
APPLES Various varieties, 75c$2.75 per
box.
OTtA PES Almeria. in kegs. 31 lbs.. $9.00.
PEARS Per box, $2.006 2.25.
DHIKD FRUITS Imtes. Dromedary. 22 f
40c; Farda, $4.50 per box; raisins, three crown,
loose Muycatel, 10c lb.; in 60 lb. boxes; figs,
$3.50 per box of 70 oa. packages.
ONIONS Selling price to retailer, Oregon,
$2.00 est: association selling price, carloads.
$1,50 f. o. b. country: garlic. 35c per lb.; green
onions, 35 ( 4-Oc dozen btmcb.es.
CRANBERRIES Northwest, '$8.50 busBel
box.
POTATOES Selling price. $1.50 1.75 per
cwt. : buying price for fancy large sire,
'$1.35; ordinary. $1.00 1.15 per eental; sweets,
4 i e per lb.
VEGETABLES Turnipi, $1.75 'per sack;
earrots, $1.60 wick: beet. 1.75a.O0 a sack;
cabbage. 242Ho: lettuce. $3 00 3.50 per
prate; celery, '$1.25 per dozen; artichokes,
$1.60 1.75 per doi rr; cucumbers, $1.00 per
dozen; tomatoes, California, $2.502.73 per
Tfew Tork Sugar Market
New Tork, Jan. 3. Sugar, centrifugal. $7.28.
TRANSPORT ATlOla
Passenger and Cargo Services
New York., Boston, Portland and
St. John to
LONDON .
GLASGOW
Sat. Jan. 11 . . .
Frt. Jan. 24
Wad. Jan. 28
Thur. Feb. 9
Thur. Fab. 6
Frt. Fab. 7
Feb. S
LIVERPOOL
BRISTOL
COMMONWEALTH
t VALACIA
CARONIA
.ORIANA
.A. . . ORIAN
F-ANNONIA
-i... ORITA
For an information aa to Rate. Tours, etc.
pply to any of our Iocs Agents, or to Dorsey
B. Smith, The Journal Bide.. Portland. Or.
company Office, hose buildinq.
seattle. wash.
AU
RrW ZEALAND AND SOUTH ?
I fa Tahiti and Raratonea. Stair and aa.
anaar sarrtce from Sn Francisco Mary 28 day
(IRION S. a. OO. OP NEW ZEALAND.
ao California SC. can Frame leoa
. Or local aUaiMhn and ' railroad asanafaa,
box: egg plant, 20c per Tb. ; cauliflower. Cali
fornia. $3.25 per crate; horseradish, 15c per lb.
Meats and Provisions
COUNTBX MEATS Selling price: Country
killed best hogs, 2 2 tic per lb.: ordinary hogs,
2122o lb.; best veal, 22ic; ordinary.
22c per lb. ; rough heavy, 16c; lamb, 20
21c; mutton, 14 16c per lb.: beef, 9 11 Vie.
SMOKED MEATS Ham, 37 38 He; break
fast bacon. 85 52 c; picnics, 27c; cottage
roll, 36c; short clears, 29 34c; Oregon exports,
smoked, 31e per lb.
LARD Kettle rendend. $1.50; standard,
28 Ho per lb.; lard compound, 28 Ho.
Fish and Shsll Fish
FRESH FISH Rihrerside salmon, storage.
18c; chinoqk. 20c: halibut, storage, 20c; black
cod, llail2c; silver smelt, 9 10c; tomcod.
10c; sturcgon, 18Si;0r: fresh herring, 8 8 7c;
Columbia smelt, 2!ifo3J2 per lb.
SHELL FISH Crab. $2 00 3.00 per dox. ;
shrimp meat, 52e per la.; lobsters, 30c per lb.
OYSTKUS Olympia, gallon. $5.50; canned,
eastern. 75cfv?an. $9.00 dozen cans; bulk, $4.50
per gallon.
Groceries
RU(fAU Cube. $10.25; powdered. $10.00;
fruit and berry, $9.45; P yellow, $8.85; granu
lated. $9.45; beet, $9.35; extra C. $9.05;
golden C. $8.05.
HONEY New, $6.50 7.60 per case.
RICE Japan style. No. 1, 94 10c: New
Orleans bead. 11 H 1194c; blue rose. 10 &
11c per lb.
SALT Coarse, half ground. 100s. $16.00 per
ton; 60s. $17.25: table dairy, 60s. $22. 60
bales. $3.10 3.36, fancy table and dairy,
$30.25: lump rock. $20.00 per ton.
BEANS California (sales by jobbers) : Small
white. 13c: large white, 12c; pink, 9c lb.;
Limas. 14 He; bayou. 94c; red. 10c. Oregon
beans (buying price) : White, machine cleaned,
7 ( 7 c per lb. f. o. b.
CANNED MILK Carnation, $7.50; Borden,
$7.75; Aster. $7.25; iKagle, $9.95; Libby.
$8.25; Yeloban, $7.25; Holly. $7.25 per case.
COFFEE Roasted 25 41c; in sacks or
drums. i
SODA CRACKERS Bulk. 17c per lb.
NUTS Budded walnuts, SO H 31c per fb ;
almonds, 24 29c: filberts, 28c. in sack lots;
peanuts. 17c; pecans. 25c; Brazil, 33c
Hops, Wool and Hid
HOPS Nominal. 1917 crop, 2526c per lb
HIDES No. 1 salted. 30 lbs. and up, 14c
pVr lb.; No. ' salted. 30 lbs. and up, 13c; No.
1 green. 30 Iba and up. lie: No. 2 green, 30
lbs. and up, 10c; No. 1 salted bulls. 60 lbs. and
up, 11c; No. 2 salted bulls, 50 lb, and up, 10c;
No. 1 green bull. 50 lbs. and up, 9o; Now 2
green bulls. 50. lbs; and up, 8c: No. J. green or
sited calf skins, uff to 15 lb.. 29c: No, 2 green
or salted calf skins, up to 15 lbs., 27 He; No.
1 grten or salted kip skins, 15 to 80 lbs.. 16e;
No. 2 green or salted kip skins. 15 to SO lb.,
13 He; dry flint hides. 7 lbs. and up, 28c;
dry flint calf, under 7 lbs., 38c: dry rait hides.
7 lbs. and up, 22c; dry salt calf, under 7 lbs..
82c: dry cull hide or calf, half price; dry stag
or bulls, 18c; dry salt or bulls, 18c; dry salt
stags or bulls. 12c; dry cull stags or bulls, half
price; dry horse hides, according to six and take
off, each. $1.50 2.504 sailed horse, according
to six and take off, each. $3.00 8.60; dry
long wool pelts., per lb., 25c; dry short wool
pelts, per lb., 15 20c; salted long wool lamb
pets, eacn $2.002.75; salted long wool sheep
pelts, each. $1.50 2.50; dry sheep shearlings,
each, 15 35c; salted sheep shearlings, each. 30
60c
t Prices quoted above ara per pound, except
where otherwise designated.)
MOHAIR Long staple. 50o lb.; short Staple.
40c; burry. 15 20c lb.
TALLOW AND GREASE No. 1 tallow go
No 2, 7c: No. 1. greae, 7c; No. 2 grease. 6a
CHITTIM OK CASCARA BARE Gross
weights. 12 H c
Ropes, Paints, Oil
ROPE Sisal, dark, 24c; white, 28 He lb. :
standard Manila. 32 He. '
LINSEED OIL Raw, bbls.. $1.93 ran on:
kettle boiled, bbls.; $1.95; raw, eases. $1.95:
boiled, cases. $2.05 per gallon. .
COAL OIL Water white, in drums or Iron
puis., a uc kb i rou i cases, xve gallon.
, GASOLIXE Iron bbls.. 21 He; cases, 31 Ho:
engine distillate, iron bbls.. 13c; cases. 23a.
WHITE LEAD1' Ton lots. 13 He; 600 lbs..
TURPENTINE Tanks. 80c; ease. 86e; 10
case lots, le leas.
WIRE NAILS Basle price. $5.46.
AMERICAS LIVESTOCK PRICES
Chicago Hog. S17.80
Chicago, Jan. 3. (I. N. S.) Hog Esti
mated receipts 38,000; steady. Balk, $17.45
17.85: top. $17.90; butcher hog. hcaw.
$17.75 17.90; packing hogs, heavy, $16.85
17.45; medium and mixed. S 17.40 1 7.65 ;
light, $16.90 17.80; pigs, $ 15.20 1 6.25 ;
roughs, $15.75 16.90.
Cuttle Estimated receipts 9O00 : steady.
Beef cattle, good choice. $ 16.25 1 9.75 ; me
dium and common, $9.75 16.25; butcher
stock, beifers, $8.50 14.50; cows, $8.40
13.75; canners and cutters. $7.50 8.40;
stockera and feeders, good choice, $10.50
18.75; common and medium, $7.75 1 0.50 ;
veal calves, good choice. $1 5.75 1 6.50.
Sheep Estimated receipt 16.OO0; steady.
Shorn lamb, choice and prime, $ 10.40 8 10.65;
medium and good. $ 1 5.00 i 1 6.40 feeder
Iambi, good choice, $1 3.50 14.65; ewes,
choice prime, 1 0.60 1 0.75 ; medium and
good, $11.50 13.85.
Kansas City Hogs $17.70
Kansas City, Jan. 3.- (1. N. H.) Cattle
Receipt. 3000; steady to firm. Steers. $10.00
&18.00; cows and beifers, $6.0012.O0;
stockers and feeders, $7.00 14.00: calves
$8 00 13.50.
Hoft Receipts, 17,000; steady ao 10c
lower.- Bulk, $17.00 17.45; top, $17.70;
heavies, $17.30 17.70 ; light. $17.00
17.50; mediums, $17.80 1 7 60.
Sheep Receipts, 1500; strong to 10c higher.
Lambs, 816.00 16.50; wether. $10.00
10.50; ewes. $9.00 6 9-50.
Omaha Hog $17.60
Omaha. Jan. 3. (I. N S 1 Rnr ,!,..
13.700. steady. Top, $17.60; range. $16.75
ji.oo; mixea. 1 1. 1 o ( 1 7.3S : good choice,
$17.40 1.7.60: rough, $1 7.00 1 7. 15 ; light,
$16.75(a17.15; Bulk. $1 7.00 17.40.
Cattle Receipt 4450; strong. Beeve, 0.00
18.50; cow and heifers, $6.50 13.50;
stockers and feeders, $7.00 15.50; calves.
W I V V' AO.UV.
Sheep Receipts 3500. strong? Wethers,
$.10.50 11.50; yearlings. $9 0.0 12.35;
lambs, $13.50 16.75; ewes, $8.00 10.-00.
Seattle Hog SI 7.60 :
Seattle, Jan. 3. (I. N. S.) Hogs Re
ceipts, 233; strong, upward tendency. Prim
lighta. $17.50 17.60: medium to choice.
$17.00 17.25; smooth heavies. $16.00
16.60: rough heavies, $15.00 15.50 : piss.
$16.00 16.50. ' '
Cattle. Receipts, 87: strong. Best steer.
$11.50 13.60; medium to choice, $10.50
11.00; common to medmnw $6.50 9.00; best
cows, $5.50 10.50; common to medium
cows, $5 00 7. 50; balls, $6.00 8.00:
calves. $7.00 12.00. '
Sheep None. t .
Denver Hog $17.18
Denver, Colo., Jan. 8. (U. P.) Cattle
Receipts 850, steady. Steer. $12.50 16.00;
cow and heifers, $8.50 1 1..00; stockers and
feeders, $10.60 12.00; calves, $8.50.
Hogs Receipts 1600, steady. Top, $17.15:
bulk. $16.80 17.00.
Sheep Receipts 1000, strong. Lambs, $14.50
15.75: ewe. $8.50 9.00.
PORTLAND LIVESTOCK RUN -
Friday . .
Week ago
Two weeks ago. . . .
Four week ago. : .
Year ago . :
Two years ago
Three years ago...
Four years ago . . . .
Five years ago. . . .
While th-re was a very liberal showing of
win in the North Portland yards overnight,
following the absence of any supplies during- the
previous .day, the market reflected strength with
advances.
Hogs advanced to $17.50 for 'tops, a rise of
a quarter over the previous top here. Demand
was keen from the start of tha day's trading.
General hog market range:
Prima mixed $17.00 17.50
Medium mixed $16.85 17.00
Rough heavies $15.00 (S 1 6.00
Pie $14.00 15.25
Bulk $17.0017.25
Cattle Market I 6trong
Market Tor cattle showed a- firm tone at
North Portland during the 'day. Arrivals were
.of small volume while demand was good. Prices
remained around the previous level generally.
Oeneral cattle range (
Prime steers $1 2.50 1 3 50
Good to choice steer 11.50 12.50
Medium to good ..teers 1O.50 11.50
Fair to medium steers 9.50 10.60
Common to fair steers 8.00 9.00
Choice cows and heifers 9.50 10.50
Medium to good cows and beifer. a 8.60 9.50
Fair to medium cows and heifers. 7.00 8.00
Canners 4.00 5 00
Bulls 6.50 8 50
Calves 9.00 12.50
Stockers and feeders 7.00 9.00
Mutton Market Strong
Market for mutton and lambs continues o
LULL IN THE CALL FOR
APPLES FROM ABROAD
IS SHOWN IN EAST
Demand Is Less Keen and Atlantic
Seaboard Markets Are Not so Active
Talk of Advance in Northwest
Not Generally Credited.
only a small run reported in for the day; the
first arrivals for some time.
Everything was cleaned up early in the mut
Ur trade
General sheep range:
Esst of mountains lambs. ..... $12.00 O 1 3 00
Valley lambs 9. 00 & 11.00
Yearlings 10.00 11 50
Wether 9.00 10.00
Ewes 6.00 8.00
Friday Livestock Shipper
Hcgs W. A. Kyers, 2 loads; A. W. Young
burg, IjiFayettc. 1 load.
Cattle B. Baker. Coxey. Ida., 1 load.
Cattle and calves A. E. Capon. Jefferson,
1 load; E. I Johnson, Stanfiekl. 1 . load.
Sheep J. L. LaGrande. Caldwell. Ida., 1
load
Mixed stuff G. W. Eyre. Salem. 1 load
cattle, hogs and sheep: H. I.. McFadden, Harris
burg, 1 load cattle and hogs; J. S. Flint, Junc
tion City, 1 load rattle and hogs; J. E. Prof
fitt, Dayton, 1 load cattle and hogs; Frank
Loop. Mcilinnville. 1 load cattle,' hogs and
sheep; F. A. Haye. Cambridge, Ida.. 2 loads
cattle and boss; W. J. Rummins, Pomeroy, 2
loads cattle and hogs.
Thursday Afternoon Sale
STEERS
1. . . .1100 $10.00 I
COWS
B70 $ 8.50 I 11 .
870 7.50 2.
900 9.25 I 1.
HEIFERS
690 $ 6.00 I , 3.
HOGS
Loll- in the export demand for apple is indi
cated, and this has caused an easier feeling in
some Of the Atlantic seaboard market, although
lit tie change is indicated in quotations. -
Local trade is rather quiet, and weather con
ditions in the east and central west have recently
been against an active demand for fruit.
Northwest primary centers are reported to
bave boosted tbelr asking values to aa high as
$2.40 2.50 for Winesaps. At least this te
what the bureau of market reports, although
some of the trade here which ha had uch stuck
to sell at interior points, has been unable to se
cure sucb values.
Apple trade of the nation:
Chicago Extra fancy and fancy Stayman
Winesaps. $2.40 2.75; extra fancy and fancy
tvuiesans. $2.63 3. 00; extra fancy and fancy
Rome Beautti, $2.40 2.8JS; extra, fancy and
lancy apuxenourgs, aa.73W3.so.
Pittsburg Csr run,, extra fancy Rome Bean
ties, $2.903.00; fancy. $2.78: extra fancy
WBiesape. $2.90 3.00; fancy, $2.75 2. 85;
choice, $2.502.t5; extra fancy Spitxenburgs,
$3.25; fancy, $3.00; choice Stayman Winesaps,
$2 50.
Boston Prices on 2 cars from Washington.
Quality and condition generally good. - Extra
lancy winesaps, $2.73 3. 05, average S2.U3,
New York Extra fancy Spitxenberg. $3.00
3. SO; extra fancy Winesaps. $2.75 2.95.
Buffalo Extra fancy Delicious, large $3.75
4.00; extra fancy Spitzenbergs, large, $3.75;
medium, $3.25 a 3.50; extra fancy Jonathans,
$2.50; fsncy, $2.75 3.00; extra fancy Wine
saps, $3.00 8.25.
' Minneapolis Extra fancy Jonathans, s medium
and large, $3.25 3.50V; extra fancy Delicious,
$3 50 4.00; extra fancy Winesaps. 88.25
3.60.
New Orleans Extra fancy Delicious, $4.00
4.50; choice. S3. 00; extra fancy Jonathans.
$.t.0O. 3.50; extra fancy Spitzenbergs, $3.75;
choice. $2.75.
Atlanta Extra fancy Winesaps, $3.25 3.50;
extra fancy yellow Newtowna, '$3.25; fancy
Rome Beauties and extra fancy, $3.00; fancy
Uanos, $3.00.
St- Paul Extra fancy Winesaps and Jona
thans, $3.25(3 3.50; extra fancy Delicious,
$3.75 4.00; choice Winesapsr-Stayman Wine
saps and Spitzenbergs, $2.75.
Birmingham Extra fancy Winesaps, $2.75
2.95: choice Ganos, large, $2.25.
Houston, Te.Tas Extra fancy King Davids, all
sizes, $3.25 3.35; extra fancy Jonathans, ail
sizes. $3.25 3.50; fancy. $3.00 3.10; extra
fancy Winesaps. $3.00 is 3.50: fancy, $3.00
extra fancy Delicious, $4.25 4.35; fancy,
$4.00; choice, $3.50; Arkansas extra fancy
Black Twigs. $3.50 3.75; fancy, $3 25 3.50.
Dallas Extra fancy Winetaps, $3.50; fancy,
$3.25;. choice, $2.75; extra fancy Jonathans,
$3.50; fancy, $8.25;. choice. $3.00;. extra
fancy Ganos. $3.00 3.25; extra fancy Deli
cious. $4.00 4.25; choice, $3.75; extra fancy
Black Twigi, $3 00.
Des Moines Extra fancy Jonathan, Spitxen
hcre, Winesaps and Rime Beautiex, $3.00
3.50. mostly $3.50: extra fancy Ortleys, $3.75;
extra fancy Delicious. $4.-25 4.50. mostly
$4 25: fancy, $3.354.00.
Kansas City Boxes, Washington Jonathans,
extra fancy, medium, mostly $3.25; extra faucy
Rome Beauties, medium, mostly $3.00.
PLIQCID ATION" CAUSES BREAK
IN EARLY COTTON PRICES
1 .
1 .
. 0.-.O $ 6.50
.1O00 8 00
. 980 7.75
. 485 8 7.00
1.... 1U I.7J 23..:..
44 225 17.00 67
1.... 200 16.00 8
1 360 15 00 1
BL'CKS
1 120 $ 6.00 I
Friday Morning Sal
STEERS
285 $17.10
190
173
150
17 25
15.75
15.50
No. Ave. lb. Price. No. Ave. lb. "Vrice
7 1100 $12.60 I 1. .. 770 $ 8.00
COWS
I 970 , 7.50 I 1 920 7.00
1.... 970 750 I 1.... W20 7.0
6 700 6.50 I 2.... 800 4.50
1 830 .4 00 I
BULLS
2 1430 $ 7.00 I 1....1070 $ 6.50
I
IlAIRT PRODUCE oS" THE COAST
New York, Jan 3. (I. N. S.) Active
liquidation through commission houses broke
Botton sharrly this morning, first prices being
16 to 40 points lower, followed by further de
clines as the selling pressure increased, partly
-on rumors tbat more cotton was coming, here
for January delivery. A number of January
notices were issued this morning which also
weakened that delivery. Spot bouses supported
the market at the decline.
At the end,, of the first 1 5 minutes the mar
ket was unsettled and about 64 points net
lower.
The market closed to barely steady at a net
decline of 25 to 75 point.
Furnished by Overbeck & Cooke Co., Board of
GOMRSAG
JNST
ARBITRATION LAW
Labor Head Declares Compulsory
Measure Repugnant to the
Spirit of Freedom.
Washington, Jan. 3. L N. S.) Or
granlzed labor's unqualified opposition
to' any legislation savoring of compul
sory arbitration was voiced by Samuel
Gompers, president of the American
Federation of Labor, before the senate
committee on education and labor to
day, , when the comrriittee opened its
hearings on the administration's labor
reconstruction bill.
"There are several proposals In this
bill, said Gompers, "which are repug
nant to the very spirit Of freedom. We
must rid ourselves of speculative, theo
ries and outline a practical peace of
constructive legislation.
"Within the last 10 years. New Zea
land, home of compulsory arbitration,
has admitted the failure of compulsory
arbitration and recognized the right of
the worker to strike.
Gentlemen, hide . it behind any
phraseology you will, when the law "and
the government of the country ells the
worker, 'You cannot leave this work,
that moment you have put. the shackles
upon him:
"Inconvenience of strikes to the" people
is of lesser' moment than freedom."
Gompera pointed out that the one state
in the country that had passed compul
sory arbitration Colorado has been In
a turmoil ever since and that this was
only ended . when the workers took the
law into their own hands and, Iteput
it, "simply struck."
Trade building:
January
March
May
July
October
Open.
2900
2775
2665
2590
2318
-High.
2020
2783
2680
2593
2329
Low.
2875
2 74 2
2639
2555
2300
Close.
2S75
2745
2641
2561
2325
LIBERTY BOND SALES
(Librrty bonds official closing price in New York:
Conv. 1st 4th
3 Vis. Ist4s. 2d4.-4s; 41.
Saturdsy . 9940 9280 9290 9640 9448
Honda J ..9944 9300 9310 9640 9400
Tncsi'-v .9946 9300 9650 0490 9534
Wednesday - Holiday
Thursday . 9882 9290 9300 9680 9540
Friday . . . 9966 0300 9300 .... 0548
San Francisco Market '
San Fram-Uco. Jan. 3. ( L'.P. ) Butter
Extras. 63c.
Egg. Extras. 76c: pullets, 73 Vic.
Cheese Extra. 35 H'c
Los Angeles Market
Los Angeles. Jan. 3. Butter California,
extras. 64 c.
Eggs Fresh, extras, 63c; case count. 60c;
pullets, 62c
Seattle Market
Seattle, Jan. 3. (I. N. 8.) Eggs Fresh
ranch, 76c; storage. 51 54c
Butter Washington creamery, 64 65c.
Cheese Triplets, 89 40c;-cream, 44 45c.
POTATOES ALL ALONG THE COAST
San Francisco Market
San FrancUco, Jan. 3.- (U. P.) Potatoes
Per cental. Delta fancy. $1.90 2.00; choice,
$1.50 1.75; Oregon, S2.00; Idaho, $2.00;
Oregon fancy, $2.00 2.25; choice,' $1.50
1.75. , .
Onions Per cental, Australian Browns, fancy,
$1.001.2o; choice, 6090c.
8eattl Market'
Seattle, Jan. 3. (I. N. S.) Onions Cali
fornia. 22"4c; Walla Walla, 2c.
Potatoes Yakima. $32.00 35.00.; local,
$24.00 t 28.00.
Loa Angeles Market
Tos Angeles, Jan. 3. (I. f. S. ) Potatoes
Stockton Bnrbanks, selects. $2.25: evtra
fancy, $2.40 2.60; Idaho Rupsets. $2.80
2.50; seed stock, Oregon White Rose and Gar
nets, $3; Red Rose, $2.75; American, Won
dars, $3.50 3.75; sweets, best, 65 75c per
lug. $2.25 3.25 per cwt.
PACIFIC COAST BASK STATEMENT
rortlarHt Bank
Clearing- This week. "
Monday .....$ 4,902,207.68
4.281,084.25
Tuesday . .
Wednesday
Thursday .
Friday . .
Clearing
Balances
Clearing
Balance
Clearings
Balances
Clearings . . . ,
Holidav-
5.6T3.958.53
6,000.011.93
Tacoma Bank
Tear ago.
$ 3,755.129.50,
-Holiday
4,180,785.77
3,266.488.70
3,154,449.66
FARMERS
Ship your produce to the Frank tt.
Smith .Meat Co. "Fishting the beef
trust." 228 Alder st, Portland, Or. We
do not charge commission. We pay as
follows : . . .- . ,
Best fat young veal 22'tc
Block hogs ,............,,...., 21c
N -Adv.
! 837.824 00
1217,611.00
Spokane Bank
$1 ,897,794.00
397,072.00
eattle Bank
$ 6,808.275.00
, 1.714.074.00
Ban Franeltc Bank
.822,519,033.00
San Franel.ee Grain Market
San Francisco, Jan. 8. C.I P.) Cash
grain: - !
. Bert-y Per eenU, milling, 82.25 2 35
feed. 82.13 0 2.20.
Oats Per cental, whit feed, nominal; red
feed. $2.55 2.70; seed. $2.95 3. 05; black
feed. $2.40 2.50; seed. $2.60 3.00.
WE PAY FARMERS
22 c for best fat young veal.
21c for good block hogs.
Wp never charjre commission.
: FRANK I. SMITH MEAT CO.
" "Fighting tb Beef Trust-?,
22& Alger , SU Portland. , Or. -Adv.
Chicago lalry Frodaee
Chicago, Jan. 3. (I. N. S.)-r-Bntter He
eeipts, 5220 tubs; creamery extra, 68 H 67c:
firsts. 65 14 06c; packing stock, 38 44c
Eggs Receipts, 2300 cases: current receipts,
6161Hc; ordinary firsts, 60614c; fireti.
63Hc;. extra. 69H70c: checks, 3639c;
rtie. 4043n. .
Municipa
o 21 d
1
B
to yield
$100
5 - 6
Income Tax Exempt
$250 $500
Oil Shares Calm;
Mixed Early Tone
In N. Y. Market
STOCKS CLO8C STRONQ
New York, Jan. 3. (I. N. 8.) Th stock
market' closed ttrong. American Beet Sugar, on
the announcement of the usual S per csnt divi
dend for the year, rose over four point to OS.
Texas Paclflo also showed strength, closing at
351,, while Corn Product moved p up to 80 .
Mexican Petroleum reacted to ISO, U. 8. 8teei
wu f (nelly 86 , ; 88uthern Pacific, 103';
Utah. 74; American Smelting, 78; Marine
preferred, 1124, and St. Paul, 40.
New Tork'. Jan. 8.- H. N. 8.) Although
there were mixed change in . the stock market
at the opening today the tone was strong with
the petroleum stocks again in demand at ad
vancing onces. Mexican Fetrolenm swung over
wide range, first dropping 2 to 186 44 and
then advancing rapidly to 196. Texaa Oil ad
vanced lb to 189 and an advance 01 over
2 points was made in Pan-American.
speculative interest was- concentrated to a
great extent In (Sinclair, which advanced to
33 j . Pierce Oil and Texas Oil right both
made substantial gains.
Brooklyn llaiud Transit fell to 20 14 . then
rallied to 21.
Steel common advanced from 95 'A to 95 A.
Marine preferred advanced H to 112 44.
Tne railroad stocks were acuve 1 with Houth-
ern Pacific .up li to 103 and Texas Pa
cific up 1 34 Jo S3 hi..
Trading continued active during tne forenoon
The oil reacted moderately after the violent ad
vances, witb Mexican Petroleum, after selling tip
to a few high record of 196, dropping to 192 H
Texas Pacific again developed strength, moving
up 2 H to 84 H , Southern Pacific rose 1
In all to 1-03 74 , while Steel common reacted
from 96 to 05 U -
Tobacco stocks were arrive. Cigar Stores sell
ing up to 109 hi
The market dereloied pronounced strength in
the afternoon. I'pturna of from one to two
points were made in nearly all the leading
isrue. U. 8. Steel moved up nearly 2 points
above the low of 96. while Baldwin rallied
from 75-to 77H.
.Marine preferred moved up to 113, Ana
conda to 61 V and American Smelting to 7814
Furnished, by Overbeck A Cooke Co., Board of
Trade building
Strike Followed by
' Exports Embargo
, New i Tor. Jan. .(!. N. S.) A 10
day embargo on all export and other
overseas shipments from New YorK
Boston and Philadelphia went Into efi
feet today as s result of theMaboH
troubles and congestion In the three
ports. ' The embargo was decided upon
by officials of the railroad admlniaJ
tratlon here, following the strike of
marina workers In New Tork harbor!
Th embargo does ' not prohibit the)
shipment of grain at Boston.-
2 PRISON GUARDS
ACCUSED BY JURY
Marion County Investigators Told
by Court Evidence Is Still
Insufficient.
DKSCltlPTlON:
$1000
LA VINA. Calif., School District 6's
$1000 December 2, 1019
100O " 1920
$1000 " " 1921
$100O .. j,.j2
$10O " " 1923 -
. yiOOO " ' 1924 v
$1000 " r 1925
$1000 " " 1926
LAPWAI VALLEY, Ida., Highway
District 5's .
Jaajuary 1.
$ 5.000
8 5,)0
S 3.000
8 5,000
S 5,000
S 5.000
9,000
$11,000
1930
1931
1932
1933
1934
1935
1936
1937
Withdrawals of
Wool Are Heavy
In Boston Sale
According to special menage received by
local Interests, there were heavy withdrawal
of wool at thtf Boston auction held by the
government Thursday. It was figured that
about 70 per cent ef th catalogued fleece
was withdrawn from sale. , dsod combing
fine Australian clean sold at part to B per
cent loss, top making and taultle 18) per
cent less. Cape combing 1 0 per cent less,
while South American crossbred were Jieayy
withdrawn and easier. No wools from the
far West ware offered.
CORCORAN, Calif., Imp. 7's
$7400
$71.00
$0200
J740O
$7400
$7400
. $7400
$7400
$7400
$6900
July
1920
1921
1922
1923
1924
1923
1926
1927
192 8
1929
Stocks, Boada, Cotton, Grain, Etc 4
218-317 Board Of Trade BsJldlsg
Overhck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
If embers Chicago -Board of Trade
Correspondents of Isogaa Bryan
. Chicago . . tfsw York
. CASPER, Wjro., Imp. 6's
$10,000 October 30. 1019
$10,500 " ' 1920
$10,000 " - ."
$10,500 " " 1.922
$10,000 " " 1923
$10,500 " " 1924
$10,000 " " 1925
$10,800 " " . 1926 1
$10,000 " " 1927
810,500 " 1928
MTNOT, N. Dale, Imp. 6's
83990 April 15. 1920
84500 " 1921
Ask for Descriptive Circular. Phone B'dwj. 951
LUMBERMENS
Trust Company
: CAF1TAL aaa ssbplbs f oe.sos
LsaiksrsisasBlsf. ' PsrUaa.$)$v
Am. Agr. Chem
Am. Beet Sugar
Am. Can, c
Am. Car Kiiy . c
Am. Linseed, c
Am. Ioco.. c
Ara. Sumatra Tobacco
Am. Sugar, -
Am. Tel. & Tel
Am. Woolen, c
Anaconda Mining Co. ......
Atchison, c
Atlantic, Gulf & W. I
Baldwin !xco.. c
P.rtlilchrm Steel H4 . .
Bethlehem Steel B ........ .
Brooklyn H. Transit.
Butte & Huperior .
Canadian Pacific ..........
Central Labor, c
Chesapeake A Ohio ........
Chicago, Milw. & St. Paul ....
Chicago & Northwestern, c. . .
t'hino Copper -
Colorado Fuel It Iron, c. . .
Consolidated Ua
Corn Product, c. ..........
Crucible Steel, c. . ,
Cubuu Cane Sugar
Distillers (L ........
Krie. common
leneral Motors ; .! .
JJreat Northern Ore Land. . . .
Great Northern, preferred . .
Greene Can
Industrial Alcohol . ;
Inspiration .
Int. Mer. Marine
do. preferred ?
Int. Nickel
Kennecott Copper
Lackawanna Sterl
Ihigh Valley A.
Mexican Petroletim
Muzui Copper
Midvale Hteel
Missouri Pacific
New Haven
tNew York Central ........
Norfolk at Vtrn, c
'.Northern Pacific
Pacific Mail .
Pennsylvania Itaiiway ......
Peoples Gas
Ray Cons. Copper
Hallway .Steel Springs
Heading, .....
Hepublie Iron aV Steel, c . . . .
Hock Island
Hears, Roebuck ac Co
Studebaker. common
Southern Pacific ...........
Southern Railway, c. ......
Swift V Co. ...
Texaa- OH . .
Tobacco Product .........
Union Pacific, c. ...........
United Cigar Stores
United State Rubber, e
United States Steel, c
Utah Copper . ; . .
Virginia Chemical, e
Westinghouse Electric ......
Willys Overland .1
Woolworth .
I Low. Clase.
, 101 101
62 6S
4t 44
92 r 93
. 47 47
61 "i 63
97 98H
. 112V. 113.
, 100 , 100H
, 51 6194
, 60 61
93 V4 94 .
. 107 107
75 76 T
. I si '
61 53 H
21 23
. 2U'4 2tt4
159 1601a
60 U 4 6 1
67 14 57 i4
. 40 40H
. 96 96)4
. 34 34
. 37 384
. 96 98 W
. 48 '4 49
. 68 V4 69 K
30 30
. 51 '4 62
. 18 16
.133 V 131
.32' 32
.93 94
. 45 43 i
.103V. 103 V,
. 46V 46 !
.2,6 26 !
. 1 1 1 l 1 1 2
82 H 32 V4
82 33
'68 '68
64 '4 64
1 8H h 191 K
24 4 24
44 44
25 '4 27
32 31
74. 76
108 IOS
92 94
3S 38
3 45 45.
50 V4 60
21 21
75 V4 77
83 84
78 76
25 26
175 175
61 51
102 103
29 29 W
126. 126i
.180 188)
74 76
129 129
108 110
78 79
. 95 96
73 74
64 64
41 42
26 25
126 126
Salem, Jan. 3. 4?The Clarion count
grand Jury reported to Circuit. Judre
Kelly today that it has obtained evi
dence that .two jruarda at tho state peni
itentiary entered into a conspiracy wltft
a convict to obtain a parole or condlf
tional. pardon for him on qondition hs
pay them $150. In carrying out. this
agreement one of they guards wrote, a
letter to the grovernor.-'UTg'inBr a parol
or conditional pardon for. th convict.
These facts were presented to ths court
in th form of a John Doe indictment.
with a request for advice as to whether
the facts stated were sufficient to consti
tute a crime under the laws of Orerori.
Jsdffe Adrles on Law
Judge Kelly advised that they wer
not sufficient to constitute a criraq,
whereupon the grand Jury reported' It
was not through with its work and tjie
members returned to the grand Jury
room, j
, The extent of parole-selling which has
been unearthed by the grand Jury was
rot revealed, and under the court's in
struction it may be impossible i0 reach
thosef who have been bartering in pa
roles and pardons. ' ,
The presentment from the grand Jury
stated that the convict with whom the
two guard 8 made, a deal waa sent up
from Multnomah co.unty in 1910 lor a
term 01 is years ror a noiaup wnien no
and two other men committed on Janu
ary 6 of that year. .The convict hart
been given a conditional pardon twiet,
but both times he broke its conditions
find was returned to prison, according to
the letter written by the guard to th'e
governor. A plea was made for another
parole or partjon ori the grounds that
tne convicts agea mother was going
blind, and, with- the saloons out of the
way, the convict probably would not re
turn to a life of crime, i
Outrage to TJeency .
Judge Kelly mentioned three statutes
under one of .which an -indictment would
have to be returned. The first makes It
ib. crime for a public- officer to receive
emoluments in excess of those provided
by statute ; the second covers bribery,
and the third makes it a crime for any
one to grossly d&turb the public peace
and health "or outrage public decency
and be injurious to public morals. ' I
The cases clearly did not com within
the first two, declared the Judge. Aa to
the third, he said he was of the -opinion
that the facts stated In tha preaantment
ilid not outrage public decencyt aa the
public did not know anything about It.
He said such acts did outrage decency,
but not the public decency within the
meaning of the statute. j
"To use ah official position to obtain
clemency for convicts for a considera
tion, without regard to merit,-4ost cer
tainly outrages public decency, and
there can be no two opinions about tj"
said Judge Kelly, "but this presentment
does, not state those facts." .,,
Colonel Carachristi j
Dies in Gold Fields
Caracas, Venezuela. Jan. 3. (I. N. & ",
Charles V. Z. Carahrlatl, former dip
lomatic adviser to the late President
Iluerta of Mexico, died on Christmas In
t lie Callao gold fiflds, according to word
received here today., -1
Colonel CarachriHti was born In Rich
mond. Va., 2 years ago. He won con
siderable fame as an explorer and finan
cial . author, j
Finance, Timber
Industry
Fortlaad Gas A Coke Compasy State
went for NoTember and If Month
" IsT TJasisally favorable.
1017
8126,043
70.805
65.J-4'!
116,143
- Oa Earaisgs Gals Earnings of tha
Portland Oas A Coke company show a
very good condition for November, with
an Increase of SO per cent in gross and
23 .per cent In net earnings. While op
erating expenses for tb month, gained
38 per cent over a year ago, the balance
for the month gained 61 per cent over
a year ago. The statement for Novem
ber follows : ,i
- I - . 1018
Cross ............. 8164,245
Operating..... ' 06.173
Net 68.074
Balance .. 80.483
. For the year ended November 30 tha
statement is equally as favorable, with
th balance showing an Increase of fit
per cent over th previous year. Th
yearly statement:
- J- V 1018 , ' 1017
Cross if 11.749.287 fl.SSS.OAII
Operating 966.160 786.291
Net 7R8.128 616. 79U'
Balance; ........... 481.607 - 218,184,
Paclflo Power Statement Statement
of the Paclflo Power ft Light company
for both November and for the 13
months was less favorable. Inasmuch ss
It showed a decrease In the balance for
November of 6 per cent and for the 13
months 'a loss of 11 per cent. While
there was an Increase In both gross and
net earnings, operating expenses In
creased so materially that the balance
showed a loss. Statement; for Novem
ber: ,
Cross ............
Operating .........
r . . .
Balance
.
101S
1163.128
84,420
78,888
85.440
101T
$146,677
72,4T
74,830
87.894
For tho 12, months ended November
30:
1018 1017
Cross .31,842,184 1.826.09"
Operating ..,.,,.. 084.756 776.1B7
rel ............. HON. 88 S4H.UU1
Balance , 870,077 '416.818
American Trade With. China Th
trade record for th first nin. months
hot th year In Hongkong has, on the
whole - been much more satisfactory
than might have been anticipated
and that' with the United States
has been 'particularly : so. Decreas
ing tonnage, due to the demand
for shipping service elsewhere and tho
increasing difficulty of securing sup-
piles, has. on th on hand, prevented
any great: pressure In favor of import,
while the disturbed stats of affairs in
China, high original costs and scarcity
of local tonnage have prevented much of
a demand for foreign goods, at least ia
th districts of Southeast Asia which
this port Serves. On th other hand.
the high -exchange value of silver and
freight difficulties have made it al
most Impossible, to move most lines of
Chinese produce.
Farm Baa k Loans During the month
of November $8,079,605 -was loaned to
3278 farmers of the United States by
Federal land banks on long, time first
mortgages, according to th monthly
statement of the farm loan board. Th
Federal land bank tit Spokane leads In
amount of loans closed, $1,246,800, with
th Federal land bank of 8t, Paul run
ning slightly bVilnd In amount. $1,232,
100. The other 10 banks closed loans In
November as follows: Houston, 11.040.-
082: "Wichita. $711,100; New Orleans,
$600,650; Louisville, .$565,400; Omaha.
$629,000: St, 'Louis, $522,623: Berkeley, ,
$506,600 : Columbia, $422,230 ; Springfield,
$395,420. . ! -v
r
The Dalles Body to
JoinState Chamber
The Dalles, Jan. 3. At the annual
meeting of Tha Dalles Chamber of Com
merce Thursday evening It was decided
to take out a membership in the Oregon
Stat Chamber of -Commerce. J. T.
rtorlck of this city , is chairman of the
state" organisation for this district.
which Includes Hood River, Wasco,
Sherman, Gilliam and Wheeler counties.
A . district meeting will be held her
January 9, whan organization wIlL be
nerfected. W. F. Doak and L. A.
Sr-hanno were elected to fill Vacancies
on th board of directors of ItJi local
chamber.- - ..)
Charaed H'ith Forgery
Chehalis. Wash.. Jan. 3. Walter C.
Smith was arrested Thursday by Chief
of Police Foster and placed in th coun
ty Jail, on a warrant asking his arrest
for forgery in : Grays Harbor county.
Officers from i Aberdeen came after
Smith yesterday
56
6 WARRENTON BONDS
We are extremely fortunatfc JnT- beinfi able to offer you
these direct Hen general obligation- 6 Bonds of the!
city of Warrenton, Oregon,- at par. They are one of thei .
1 best issues of Municipal Bonds we have offered for many
) months, and we recommend them ' as a very safe and -
profitable investment. Thej total net debt of the ity of
Warrenton is but 6 of the, assessed valuation. The -bonds
mature 1928-38. ' ;j
OTHER ATTRACTIVE I MUNICIPAL BONDS:
Rato. Maturity.
Astoria. Or. Imp. 6Sr. 13.14.15.!. '., FA im-wl
Astoria, Ore Imp. Ser, No. fr.L 6
Bandon, Oregon, Funding. ...'.I 6
Bend. City xi, Ore.. Fire Equip.
Corvallis. Ore.. Imp... ......... k 8
'Oregon City, Oregon. Imp....
Rainier. City of, Oregon. Water-
Halem, City of . Ore., imp ; I
Toledo, City f, Ore., Funding.!.
Montreal, City of, Prov. Quebec 6
JftD'
Nor
MsVS
JAJ
JaVD
JAJ
MAX
F&A
MAN
1837
1935
1923-32
12S
1921-25
1913
1926-2$
1931-32
1923
Price. Tield.
To Net $.00r3S
To Net 8.40
105.43 5.40
To Net 6.25
105.09 S.12S
102.03
100.60
106.39
100.00
100.94
6.126
6.68
6.125
6.00
6.7
Extra dividend, 1 4 per cent,
t Extra dividend. 1 per cent.
aioaey and Exchange
New Tork. Jan. 8. (L N. a) Call money I
on the Iloor or tne New xorx utoeK Kxchange to
day ruled at 6 pet cent; high, 8 per cent: -low,
a per cent.
Time moatey was quiet.
Hates were 6 ft per cent.
"he market lor prime mercantile paper was
anu.
all money la London today was 3 per cent
Sterling exchange wa steady with pnaines la
bankers' bills at 478.86 for demand? 473ft for
60 day bill, and 471 lor SO day Dili. .
LIBERTY 'BONDS
'It yon mint SELL yosr Liberty Bonds, SELL to US. .. .
If yon can BUT nor Liberty Beads, BUT front US
We bay aaa sell Liberty Boads at U market.
TOU CAH3TOT DO BETTER TOU MAT DO WOBSB
The closing prices of LIBERTY BONDS on the Nw Tork Stock Exchang
lur ww euucu iuuious, aauuai , 4jij,. ivvu eve leuowp ;
Bexjond Third Fourth
Waat Vo Orientals
Yakima, Wash., Jan. 8. Member of the
Terrace Heights grscg Ko. 888. Patrons . ot
Uosbandry, are strongly opposed to the in tra
duction ot orientals a orchard laborer, whteb
haa been advocated by some of the leading fruit
grower ot tne valley. At tftelr meeting De
cember 30 they paaaed a resolution protestinc
against tlii invasion. The protest ia baaed ea
the assertion that the importation of orientals I
would mean cheap labor and all the ilia that
attend a lowered seal of living among Ameri
can worxmen. 1 . .
, First
U. SHs 4s :
Friday 99.60 92.80
Saturday ......... 99.40 92.84
Monday .. .........9.40 92.84
Tuesday 99.60 93.00
Wednesday.. ...... Holiday,
Thursday 99.74 93.03
J- 4S '
92.93
92.90
92.90
83.10
First
96.80
96.40
96.36
96.66
44
93.90
34.00 94.20'
94.80
441
96.40
86.83
95.60
96.80
92.90 I 96.S0 ' 94.98 96.33
4as
94.46
94.88
94.13
96.16
99.49
Liberty Loan Departmsst Opea Uatn S r. JC SatsMays
SAFETY DEPOSIT VAULTS
I'
European j Russia Is believed to hav
13,000,000 horsepower la . undeveloped
waterpowcr.
MORRIS BROTHERS, Inc.
I) Tha PrmUr Ma AtcipsI bond Hons .
3091 1 STARK. BETWEEN STH AND 6TH (GROUND FLOOR)
TeUpben wy. SMI . , ! i Ef UbUtksd Orf Tears
v-
rT-:-