The Oregon daily journal., February 27, 1919, Page 21, Image 21

THE OREGON .DAILY. ? JOURNAL, PORTLAND, THURSDAY, FEBRUARY 27,j 1919.
FRESH MEATS
POTATO DEMAND IS
PRACTICALLY NIL IN
; THE HOME TERRITORY
No Call for Outside Shipment Is
Noted Even the Larger Operators
of Former Seasons Have Not a
Single Order to Purchase.
The total lack of demand for- poUtoe from
outside points is causing much uneaainem among
the trade generally. According t one of Hie
eldest potato ahipping ftrroa in the city there,
baa Barer before been a year like the preterit
one la the potato trade since It established here.
Kr.n the leading operators of normal aeasona
hava not a single order on band to purchase
supplies.
. While the market for potatoes nominally
stands at S1.00 01.25 Pr cental f. o. b. coun
try shipping pdlnta, according to quality, there
la acarcely sufficient buying for even the local
wholesale trade to firmly establish pricea at
any mark.
. Notwithstanding thia lack of demand, there
appears little real worry among growers of this
section, although North Idaho and Washington
point are literally "breaking their necks" to
force aalea.
Reports from Arizona state that no more ship
ment of Idaho potatoes will be allowed in that
market because of infection.
EGO TRADE SHOWING ADVANCE
Advance of lc a dozen is being quoted in the
buying price of eggs by f. o. b. operators here at
87o a dozeii for current receipts. Arrivals are
fair, but the outside call is excellent.
COUJTTRY MAT HELD STEADY
Market for country meats shows a steady tone
' fiere, with the bulk of the sales of beat bogs at
20tt21e a pound, while best calve are gen
erally ruling at 24c a pound. Too many pigs
coming.
CAJTNED MILK MARKET IS EASY
Market for canned milk continues to gather
weakueaa here, with less foreign demand and an
accumulation of supplies beginning to make itself
feit at condensary centers. Eagle down SOc a
case.
m a.
OXIOX SITUATION HOLDS FIRM
Two dollars continues the general buying price
for onions at country points for No. 1 stock. The
Confederate association will again be offering aa
soon aa tt is able to get the stock sacked and
ready for shipment.
ROTTEN APPLES STILL 8ELLIXG
Real rotten apples continue to aell in the mar
kets contrary to provisions of not only the state,
but the national pure food law. No effort is
being made at present by officials to do their
duty in enforcing this law.
BRIEF NOTES OF PRODUCE TRADE
Wesson oil down 30o a case in the local mar
ket AH grades of rope np 2c a pound.
Bunch vegetables from south offering at 75c
dozen bunches.
Chicken trade continues very sluggish at for
mer prices.
Salmon season will close along Columbia with
in a few days.
WEATHER NOTICE FOR SHIPPERS
Weather bureau advises : Protect shipments
during the next 86 hours against the following
minimum temperatures:- Going north, 36 degrees
northeast over 8., P. A S. R. R-. 24 degrees; east
to Baker, 20 degrees, and south to Ashland, 30
degrees. Minimum temperature at Portland to
morrow about 88 degrees.
WJJOLESALE PRICES IN PORTLAND
These are the prices retailers pay wholesalers,
except aa otherwise noted:
f Dairy Products
BUTTER Selling price, box lots, creamery
prints, parchment wrapped, extras. 68c per lb.;
prime firsts, 56c; firsts, 65c; smaller lota at
advance ; Jobbing prices, cubes, extras, 5 5c per
lb,; prime firsts, 53 54c; cartons, lc higher.
BUTTERFAT Portland deliver basis, 60c 0
64c; price at country stations, 67 58c.
' OLEOMARGARINE Local brands, 30 and
flOc lb.;, tubs, 3,5c: 1 lb. cartons, 42c; 2 lb.
cartons. '85 He; nutmargarine. 1 lb. cartons,
83 lb.
CHEESE Selling price: Tillamook fresh,
Oregon fancy full cream triplets, 31 31 He lb.;
Toung America, 82C324c; prices to jobbers,
f. o. b. Tillamook, triplets, 28c; loung America,
28e lb.; selling price, brick. 43c; limburger, S3
84e; block Swiss, 4 8 4 7c per lb.
EGGS Buying price, 37c; selling price. 39c;
csadled, 41c
EGGS Public market retail selling price 43c
per dosen.
LIVB POULTRY Heavy hen. 8081o lb.;
light bene, 28c per lb. ; broilers, 40c per lb.; old
roosters, 18e lb.; stags. 20e per lb.; squabs,
3.00; ducks, 3640o lb.; pigeons, $1.50
2.00 per doien; turkeys, live, 27c per lb.;
dressed. 4044o par lb.; geeae, lire, 17 20c
Fmh Vegetables and Fruit ;
FRESH FKUITS Oransea. 4.BOC$S.OO per
box; banana. Dc per lb.; lemons, S4.25
(3)5.60; Florida grapefruit, 0.00 7.75; Cali
fornia. $3.00 4.00.
APPLES Various varieties, $1.60 3.00 per
box.
GRAPES Abstain, in kegs, SI lbs., 87.00.
PEARS Per box. 82.25 & 2.50.
IH1E1 FRUITS Dates. Dromedary.' ( );
Farda, ( ) per box; raisins, three crown, loose
Muscatel. 10c lb.; figs. $5.00 per box of 60
8 -ox. packages.
ONIONS Selling price to retailer: Oregon.
$2.25 02.50 cwt.; association selling price, car
loads, ( ) f. o. b. country; garlic, 35 050c;
green onions, 35(9 40c per dozen bunches.
POTATOES Selling price. $l.SO 1.75cwt.;
buying price for fancy large sixes, $1.25; ordi
nary, $1.00 per cental; sweets, $4.50 5.00.
VEGETABLES Turnips, $2.00 2.25 per
sack: carrots $2.00 per sack beets. $2.23 per
sack; cabbage, Oregon 2o per lb.; California,
24 9 8 He per lb ; lettuce, $3.50 3.75 per
erata; celery. $1.75 doaen: artichokes. $1.65
per dosen, cucumbers, $1.50 02.25 dosen; toma
toes. Mexican, $4.0.0 lug; egg plant, 20c per lb.;
" cauliflower, California. $1.60 per down; horse
' radish, 16c per lb.; bell peppers, 45c per lb.;
peas, 20c per lb.
Meats and Provisions
COUNTRY, MEATS Belling price: Country
killed best hogs, 21e par lb.; ordinary hogs,
9o lb.; test veal. 24e lb.; ordinary, 21 tt
1'1'c; rouh heavy, 12Vo: iamb. 20021c;
mutton. 14 (3) 16c lb.; beef, 9014c per lb.
SMOKED MEATS Ham. 34(37c: break
fast bacon. 32 61c: picnics, K5e; cottage roll,
33c: short clears, 80033c; Oregon exports,
smoked. 30o per lb.
LARD Kettle rendered, $13.1.1 case; stand
ard, 26 He per lb.; lard compound, 23 Ho.
Fish and Snail Fish
' FRESH FISH Steel head salmon, 22 24c
lb.: Chinook. Sue: halibut, fresh. 24e: black
cod, 11012c; silver smelt, 0 010c: tomcod,
jslc: sturgeon, 18020c; fresh herring. 6 0 7c;
-Li 1 nikAif u a C it. w
X SHELL FISH Crabs, $2.00 03.00 per dos.:
shrimp meat, 52c per lb.; lobsters, 80c per lb.
OY8TEKH Olympia, gallon. $5.60: canned,
eastern, 75o can, tU.OO doaen cans; bulk, $4.50
pi gatron.
Groceries
SUGAR Cube, $10.25; powdered. $10.10;
fruit and berry. $0.55; D yellow. $8.05; granu
lated. $9.65; beet, $8.43; extra C. $9.15;
gulden V. $9 05.
HONEY New, $7.00 0 8.00 per case.
RICE Japan style. No. 1, 9 tt 0 10c; New
Orleans bead. llttllc: blue rose. 10 0
11c per lb.
TAH8ORTTIOI
S. S. West Munham
SAILING ABOUT APRIL I FOR
Kobe, Hongkong
Singapore and
Manila
. . .- 1-
' . , FREIGHT ONLY
"i for f uU particulars apply
101, Third St.
Hala 1466
A.$S$J
SO HIGH THAT SALT LAKE SENDS SUPPLIES
Label Bill Not
Understood
Oregon Has Reputation for Fresh
Fruits Ail Over World.
That the bill to compel the labeling
of Oregon banned fruit and vegetables
was not generally understood is indi
cated now.
Evens tne leaders of the wholesale
trade who were -at firBt opposed to
the provisions of the) bin. now see that
the idea was a good one If moderate
changes were made.
In certain lines of fruit, Oregon ex
cels, and proper credit has never been
given by canners to this state for the
superior quality of its stock. This is
In a measure due to the fact that few
of the canning companies of the state
were la a position to place their prod
uct properly before the people and were
therefore compellerJto sell the bulk
of their output to wholesale grocers
who placed their private label upon the
cans. '
Oregon grows the best apples in the
world and canned apples from this
state should bear the state label. The
same is true of Bartlett pears.
In the markets of the world the fresh
pears from Oregon always sell at the
highest price and therefore there is
no reason why canners - should not
utilize this reputation In the sale of
the canned product.
Cherries of the Royal Ann variety
grown in Oregon are in a class by them
selves and still this state gets no repu
tation whatever from the cherries that
are placed in cans and sold throughout
the United States.
Country shoppers desiring informa
tion regarding any of the markets or
who have problems regarding shipping
can write the market editor of The
Journal with self addressed and stamped
envelope.
Corn Market Erratic
With Oats Sluggish
. '
By Joseph F. Pritcbard
Chicago, Feb, 27. (I. N. 8.) Enormous
quantities of corn snd hog products, especially
lard, were sold during the last hour of the eesaion
on the board of trade today. These sales were
made largely by the stockyards conttnsent. There
is one of the largest speculators in the Chicago
market located at the stockyards, and in the be
lief that action would be taken in the fixing of
the hog price either late today or tomorrow, and
tliat it would be against the price of corn as well
as provisions, the selling was fast and furious.
February corn, while weak early In the day, closed
strong and -unchanged aa compared with the rest
ing spots of last night. March showed losses of
- tt 0 2 c. t ebraary oats, aa well as March,
declined lc. May waa tt 0 4c lower, and the
jvny 0 c lower. Losses were shown of $1
for pork and SOc each for lard and ribs.
Chicago. Feb. 27. (L N. S.) Corn ooened
ttc higher to lc lower today. The cash market
was easy. The eastern shipping demand showed
an approvement but' this was offset to a large
extent py a tailing otr in local requirements.
Oats were practically unchanged at the open
inc. The cash market wa; easy with a slnggish
general demand. The locals were on the buying
end.
Provisions opened a little lower. The market
was slow and steady.
Chicago range of prices by United Press:
CORN
Open. High.
... 181 133
Low. Close.
February
March .
May . . .
July . .
February
March .
May
July
May . . .
131H 132
... 131 tt Ul 129 130
... 1254 125 123 tt 123
... xzi 119
OATS
119H
... &8 r
... 68 tt 69
... 50 594
... 68 58
PORK
. . . 4110 4140
LARD
... 2540 2640
... 2450 2490
58
58
68
58
58
68 tt
59 tt
58
4050 4050
May . .
July . . .
2490
2405
2515
2490
RIBS
May 2280 2280
2265 2255
New York -St. Louis Metals
New Tork, Feb. 27. (I. N. 8. ) Lead
Firm. East ft. Loom, spot; February. March
and April, $5.300 5.40.
Spelter Firm. East St Louis, spot Febru
ary and March, $6.35 0 6.45; April, May and
June $0.25 0 6.35.
Copper Leading dealers are still quoting
1 5 tt o a pound while the smaller agencies are
quoting at 1 5 1 5 c.
Iron Pittsburg-Bessemer unchanged at
$33.60 0 36.00.
Hog Price Continued
Washington, Feb. 28. Although announce
ment on a March price on hogs was not made
from the food administration tonight, it is stated
on excellent authority that the present price.
$17.50. will be continued for March. Announce
ment of the March figure will probably be made
tomorrow.
Los Angeras Market
Los Angeles. Feb. 27. ( L N. 8.) Butter
California creamery, extra, 55c.
Eggs Fresh, extra, 37c; case count. 35c;
pullets, 34c
&aa Francisco May Barley
San Francisco. Feb. 27. May barley closed
yesterday with $1.82 bid and $1.87 H asked.
The opening price today was $1.85 bid.
SALT Coarse, half ground, 100s, $16.00 per
ton; 50s. $17.25: table dairy. 60s, $22.00;
bales, $3.10 0 3.33; fancy table and dairy,
$30.25; lump rock. $25.00 pe- ton.
BEANS Oregon (sales by jobbers) ; Lady
Washington, 7 tt 0 9 He; pink, 7 He lb.; Lima.
1 1 H c ; Bayou, 0c ; red. 8c per lb. Oregon
beans (buying price), nominal,
CANNED MILK Carnation. $6.70; Bor
den. $6.60; Aster, $6.60; Eagle, $9.78;
Libby. $6.70; Yeroban, $6.60; Holly, $6.60;
Mount Vernon. $6.60; Hazelwood, $6.60 ease.
COFFEE Roasted, 28 0 44c; in sacks or
drums.
SODA CRACKERS Bulk, 17s per lb.
NCTS Budded walnuts, 30H31e per lb.;
almonds, 24 0 29c; filberts. 28c, in sack lots;
peanuts, 15c; pecans, 25c; Brazils, 33c
Hops, Wool, and Hides
HOPS Nominal, 1918 crop. 88 0 40c per lb.
HIDES No. 1 salt cured hides. 30 lbs. and
up, 15c: No. 1 part cured hides, 80 lbs. and up,
13 He: No. 1 green hides, 30 lbs. and up, 12c;
No. 1 salt cured bulls, 50 lbs. and up, 12c; No.
1 part cured bulls, 50 lbs. and up, 10 He; No.
1 green bulls, 50 lbs. and ups, 9c. The prices on
No. 2 hides will be lc per pound less than for
No. Is of same kind. No. 1 calf skins, up to
15 lbs.. 33c; No. 2 calf skint, up to 15 lbs..
Sic; No. 1 Kip, 15 to 30 lbs., 18o; No. 2 Kip,
15 to 30 lbs., 16c: Dry flint hides, T lbs, and
nr. 28c; dry flint calf, under 7 lbs., 38c; dry
salt hides. 7 lbs. and. up, 22c: dry salt calf,
under 7 lbs., 32c; dry cull hides or calf, half
trice; dry flint stags or bulla, 18c; dry salt
stags or bulls, 12c; dry cult stags or bulls, half
price; dry horsa hides, price varies, $1.60 to
$2.60. according to aise and take off each; aalt
ed horse hidea, skinned to hoof and head on, $3;
price varies, according to sise and tag eft to
hides without beads, 50e leas, each $5; dry long
wool pelts, per lb., 15c; dry medium wool pelts,
p.- lb., 10012c: dry shearling peita, each, 25
0 50c; salted long wool pelts, each, $1,25 0
2.60; salted medium wool pelts, each, $1,00 0
2.00; aalted shearling pets, each, 25c up; dry
long hair goat akina, per ft., 20c; dry short
hair goat skins, each. SOc to 75c; horse tail
hair, per lb., 20e; horse mane bair. per lb., 10e;
cattle tails, full tails, no stubs, par das., -20c
MOHAIR Long staple. 0o lb., short staple.
20c; burry, lO015e par lb.
TALLOW AND UREASE No. tallow. 5c;
No. 2, 4c; No. 1 grease, 3c; No. 2 grease, 2c
CHITTIM OR CASCAKA BARK Gross
weights. 18c
tapes. Paints, OH
ROPE Sisal, dark, 24c; white. 28 He lb.;
standard Manila. 32 He
UNSEED OIL Raw, bbls., $1.98 gallon;
kettle boiled, bbls., $1.95; raw, cases, $1.95:
boiled, cases, $2.05 par gallon.
COAL OIL Water white. In drum or iron
bb.. 10c gallon; cases, 20c gallon.
OASOLINE Iron bbls., 21 C; cases, 81 He
engme distillate. l?on bbla., 18e; cases, 28c
WHITE LEAD Ton luts, II He; 600 lbs..
13 e.
TURPENTINE Tanks, 80c; case, 90c; 10
ease lots, le less.
W1K& NAILS Basic price. $5.40.
- k - s
We pay 22c for top Quality veal. ? r"
. We pay 2lc for top block pork.
We never charge commission.
FRANK L SMITH MEAT -CO. -"Fighting
the Beef Trust
-; 22$ Ader Street. Portland, Or Adv.
BIG PACKERS COME :
TO PORTLAND WITH
FRESH MEAT STOCK
Cudahy Finds Price's Charged Here
so Good Thar Shipments Are Hade
From Its Packing Plarit at Salt
Xake Armour Said About to Enter.
Bis; packers of the east are bea-laalas;
to look to Portland for the sale of their
fresh as well as cured meats.
Recent entrance Into the dressed meat
trade of Portland toy Cadabr Packing
company, eaased some talk In the local
market. The firm has for many years
had a bl; branch house In Portland, bat
It has handled only the pickled and
smoked products.
5ow the Cadahy firm has laraded the
fresh meat trade, and with a reported
enlargement to be made of Its cold stor
age plant on the east side Is expected to
become a big factor la that branch of
the market here.
While Cudahy has ao packlagr plant at
Portland, or upon the Pacific coast. It
has a packing house at Salt Lake, and
shipments of dressed meats are being;
made from there.
Not only Cudahy has invaded the Portland
dressed meat market for packing house products,
but it is stated that Armour V Co. are -doing the
same thing. Armour likewise has a big branch
house at Portland, but no packing plant. Its
nearest packing plant is at Spokane, and it is re
ported that not only has the firm begun shipping
fiesh meats to Seattle and other Puget Sound
cities, but will also enter the Portland trade.
Notwithstanding thia, there was a sharp ad
vance of approximately 2 He a pound quoted
in, the price of packing house beef here this
week, which placed good steers at 23c and cows
at 20c a pound.
Efforts are being made not only to force to
extreme figures the price of dressed meats, but
confidential trade circular of a local packing
house states that, effective March 1. it will
charge 26c a pound for packing house bogs.
Tax Time Cause of
Lack of Demand in
The Cereal Markets
NORTHWEST GRAIN
RECEIPTS
Cars -
Wheat. Barley. Flour. Oats. Hay.
Portland. Thurs.
Year ago.
Season to date. .
Year ago
Tacoma. Wed.. .
Year ago
Season to date. .
Year ago.
Seattle, Wed. . .
Year ago.
Season to date. .
Year ago.
17
1
5
7
8
3
902
246
6
1835
739
.6345
.3645
2
1
.4675
.31)02
8
. 33
.4760
.3621
603
1052
" "i
135
213
"i
608
937
2627
1548
2
14
1018
1367
8
29
2215
261S
30
74
1
8
989
1260
61
267
With the approach of March 1,' which means
nothing more than tax time to the grain trade,
there is a lack of demand in practically all cereals
at this time.
With the warehouses filled with eastern oats,
buyers are holding off their purchases until sfter
taxes are paid by present holders.
Hay trade continues to indicate weakness at
country points.
FLOOR Sailing prices: Patent. 810.90;
family wheat floor, $10.75; barley flour,
$10.70; Willsmetta Valley, $10.60; local
straight, $10.70; bakers' Iocs!, $10.70 010.90;
Montana spring wheat patent. $10.85: rye flour.
$11.50; oat flour. $10.00. Pries) for city de
livery in five barrel lots.
HAY Buying prie: Willamette timothy,
fancy, ( ) ; Eastern Oregon-Washington fancy
timothy, $81.00 0 32.00; alfalfa. $26,00 0
26.50; valley vetch, $28.00; cheat. ):
clover. $26.00 0 27.00; grain, $26.00 per ton.
GRAIN SACKS Nominal. New crop deliv
ery No. 1 Calcutta. 14 015o in car lota; less
amounts Ligber. .
MILLSTUFFS MixeC run, at mills, sacked.
$40 00 041.00.
ROLLED OATS Per barrel. $9.50 010.00.
ROLLED BARLEY Per ton, $52 0 53.
CORN Whole. $67.00 & 68.50; cracked,
$69.00 0 70.00 per ton.
Grain bags are being offered here for next
crop delivery at 12 He for No. 1 Calcutta, Port
land. Merchants Exchange bids:
FEED OATS,
March. April.
No. 2 white
BARLEY
Feed
"A" 4350 4450
Eastern oats and corn in bulk:
OATS
No. 3 white ....
38 lb. clipped white 4200 4150
CORN
No. 3 yellow . .
No. 3 mixed . .
5250
510O
5250
5100
YAKIMA GROWERS PLAX POOL
TO BUY THEIR SUPPLIES
Yakima, Feb. 27. Plans for forming a pool
of orders for boxes and paper used by fruitgrow
ers of Yakima valley are being considered by a
committee of the Yakima Credit A Traffic asso
ciation, ao as to obtain better prices than can
be obtained by Independent buying.
TheJ committee comprises Clyde McKee of
trW Thompson Fruit company. Manager C. H.
TTinman of the Yakima. Valley Fruitgrowers as
sociation. Manager Ira Cleveland of the Growers'
Service company and Manager L L, Plette of the
traffic association.
It is estimated the valley uses 6,000,000 to
8,000.000 apple boxes alone, annually, which
cost at retail 16c to 20c each. The fruit paper
is about 100 carloads. If pools are made bids
will be asked of eastern mills in competition
with coast production
POTATOES ALL ALONG THE COAST
San Francisco Market
San Francisco, Feb. 27. V. P- V Potatoes
Per cental. Delta stock, choice to fancy, 31.65 0
2.00.
Onions Per cental, Australian-browns, fancy,
cold storage, $2.25; dry storage, $1.75 0 2.00;
No. 1 repicked. $1.0 0 1.75.
Loe Anoeles Market
Los Angeles. Feb. 2 7. (L N. S.) Potatoes
Stockton Burbanks. sacked. $2.40 0 2.30;
fancy, $2.25; choice, $2.00; Idaho Russets,
$1,73 0 1.80; Oregon seed stock. White and Red
Rose, sacked. $2.83 0 3.00; home grown White
Rose, mostly $2.75 0 8.00; sweets, 80 0 $1.00 J
W 1 Aft. ) Kft ' I
Seattle Market
Seattle, Feb. 27. tL N. S.) Onions Per
pound, 2 0 3c.
Potatoes Yakima, $30 00 g 32.00; local.
$28.00 0 26.00.
LIBERTY BOND SALES
Liberty bonds official closing price. New York:
Conv.
1st
4tb
8Hs
0940
9870
9892
9912
1st. 4
9280 9360
9370
9414
9350
2d 4s.
9286
VS36
9336
9414
9828
4 "4 a.
9524
9520
9512
9510
510
4 tts.
9428
9428
9422
9414
9406
Friday .. . .
Monday .
Tuesday ..
Wednesday.
Thursday .
Money aad .Exchange
New York, Feb. 27. (I. N. S.) Call money
on the floor of the New York Stock Exchange
today ruled at 6 V per cent; high. S H per cent;
lew, 5 V per cent.
Time money was easy.
Rates were 5. per cent.
The market for prime mercantile paper was
uiet.
Call money in London today was S per cent.
Sterling exahana was steady with business in
bankers' bills at $4-75 for demand, $4.73
for 60 day bills and $4J1 H for 90 day bills.
fttacka, Boads. Cottoa. Grata. Eta.
tl-ai7 Board of Trad Balldlaa
Overbeck&CookeCo.
DIRECT PRIVATE WIkS
TO ALL EXCHANGES
Members Caleaajo Board of Trade '
" ' Cerretpondsats t Laraa Bryan
, sca . 'JlawXai:
REAL SHORTAGE OF
BUTTER ONLY CAUSE
FOR ADVANCE HERE
Competition for Butterfat Indicates
Great Shortage or Supplies All Over
Nation Government Talk of Decline
Does Not Materialize.
Advance in the price of butter reported in
the morning edition of The Journal, which was
effect- Thursday morning, placed the market
her 2c higher than former figures.
Extreme shortage of supplies baa been shown
far some time past and the trade has been unable
to take care of its reauirementa from day to day.
Notwithstanding the government report recently
issued at Washington to the effect that a de
cline in the price of butter was about to be
made, the fact is that butter values began to
climb immediately after this report waa made
public.
Real cause of the edvance can be laid only at
the door of Insufficient supply. The competi
tion for butterfat. which always tells the real
story of the butter market, was never to keen as
at this time. Another factor indicating the
strength of the trade is that premiums are being
paid for cube extras by distributors in order
to fill their daily requirements.
RESPONSE TO CABLES SENDS
COTTOJT PRICE UP EARLY
New York, Feb. 27. (L N. 8.) In response
to firm cables and support of new crop positions,
the cotton market opened firm and 15 to 25
points higher. Wall street and the south sold
but the cotton was taken by t-pot interests, and
prices later sold up about 27 points above last
night's close. At the end of the first 15 minutes
the market waa steady and fairly active around
the opening leveL
Month-
Close.
1975
2290
2220
2200
-2145
2130
2060
2040
2018
2005
1990
; mid-
Jan
March
April
May
June ......
July
Aug. ......
Sept.
Oct.
Nov
Dec
New York
up
dlings, 2690.
AMERICAJT LIVESTOCK
FRICE8
Chicago Hogs 817.70
Chicago. Feb. 27. (L N. S.) Hogs Esti
mated receipts 45,000. steady. Bulk, $17,40 0
17.60: top, $17.70; butcher hogs, heavy, $17.60
017.70: packing hogs, $16.50 017.25; me
dium and mixed. $16.50 017.50; light, $16.50
01.7.50; pigs, $14.00 016.25; roughs, $16.00
0 16.50.
Cattle Estimated receipts 8000, steady. Beef
cattle, good choice, $16.50 0 20.00; medium and
common, $10.75 016.60; butcher stock, heifers,
$8.00015.50; cows. $7.75015.00; canners
snd cutters, $6.50 0 7.75; stockers and feeders,
good choice, $11.25 015.00; common and me
dium. $8.25011.25; veal calves, good choice,
$16.75 017.50.
Sbeep Estimated receipts 16.000, higher.
Shorn lambs, choice and prime. $18.75 018.85:
medium and good, $17.25 018.75; spring lambs.
good choice, $1.7.15 017.40: ewes, choice,
prime, $12.65 013.00; medium and good,
$10.50012.65.
Omaha Hogs $17.60
Omaha. Feb. 27. (L N. S.) Hogs Re
ceipts 19.300, slow. Top. $17.50; range, $16.50
017.50; mixed, $17.00017.25: good choice,
$17.25017.50; rough. $17.00017.10-. light,
$16.50017.15; bulk. $1.6.96 0 17.20; pigs.
$10.00014.00.
Cattle Receipts 3200, higher. Beeves. $13.50
018.20: cows and heifers. $6.25 014.00: stock
ers and feeders. $7.00015.75-; calves, $7,000
13.75.
Sheep Receipts 6300, stronger. Wethers,
$13.00 0 15.00; yearlings, $14 00 0 16.00;
lambs, $17.25018.05; ewes, $9.00011.65.
Kansas City Hogs 817.78
Kansas City. Feb. 27, (L N. S.) Cattle
Receipts 8000, about steady. 8teeas. $14,50 0
15.25; cows and heifers, $8.00 0 12.50; stock
ers and feeders. $6.00015.00; calves, $8,000
13.50.
Hogs Receipts 5000. steady. Bulk, $16.90
017.35; top. $17.75; heavies, $17,200
17.75; lights $16.75 017.15; mediums, $17.30
0 17.60.
Sheep Receipts 2600. steady to higher.
Lambs, $17.50 018.00; ewes. $11.00 012.00.
Denver Hogs $1 6.90
Denver. Feb. 27. (U. P.) Cattle Re
ceipts, 2300: steady. Steers, $14.50 015.25;
cows and heifers, $7.75 011.00; atockers and
feeders, $11.25 014.50; calves, $18.25 015.00.
Hogs Receipts, 8600; steady. Tops. $16.90;
bulk, $16.70 016.85.
Sheep Receipts, 1500; steady to strong.
Lambs. $16.00 017.75; ewes. $9.00 011.25.
Seattle Hogs $17.60
Seattle.'Feb. 27. (t N. S.) Receipts. 85,
steady. Prime lighU, $17.25 17.80; medium
to choice. $15.90017.15; rough heavies,
14.flO lS.ttO: pigs. $14.90016.60.
fettle- Receipts 60. steady. Best steers.
$11. 50 0 14. 00; medium to choice. $10,500
11.00; common to good, $7.00 010.00; best
cows, $K. 00 11.00; common to good cows,
$3.000 7.50; bulls. $5.00 8.00; eslves,
$7.00 012.00.
Sheep Receipts none.
Eastern Cash Grain
Winnipeg Oats closed. No. 2 white, 7214c:
No. 3 white, 63ic; extra feed. 65 He; No. 1
feed, 61 He; No. 2 feed, 584c Flax. No. 1
Northwest, $3.28; No. 2 Central West, $8.19.
Minneapolis Cash wheat No. 1 dark north
ern. $2.31: No. 1 northern. $2.28; No. 1' red
spring. $2.28: No. 2 dark northern, $2.28; No.
2 northern, $2.25; No. 2 red spring, $2.20; No.
1 das-k hard Montana. $2.29; No. 1 hard Mon
tana. $2.27. Oats, No. 3 white, 56 He; No. 2
white Montana, 60 H 0 62 He: standard. 68 He.
Barley, choice, 87 0 94c; ordinary. 79087c;
No. 2 rye, $1.41 01.41 He Flax, $3,54 0
3.56. Corn, No. 3 white. $1.23 01.24; No. 3
yellow, $1.27 01.28; No. 4 yellow, $1,210
1.22; No. 3 mixed. $1.23 01.24.
Broomhall Crop Report
Broomhall cabled: Australia Partial rains
have been experienced which have improved the
outlook of animal feed. Revised estimate of
wheat crop just harvested is 75,000,000 bushels
against 112,000,000 bushels in 1917 and 150.
000.000 in 1916. Clearances of wheat continue
in large volume.
India Rains have fallen and although these
have come somewhat late, nevertheless nave im
proved the condition of the crops in the big
growers of Cpper India. "Official report of
wheat acreage is 23.900,000.
San Francisco Grain Market
San Francisco. Feb 27. U. P.) Cash grain;.
Barley Per cental, good teed, about S2.17 V :
shiooina-. $2.20 0 2.28.
Oats Per cental. red"Teed. $2.40 0 2.45: do
seed, $2.6002.75; do recleaned. $2.9003.00.
Chicago TJalry Prodaee
Chicago. Feb. 27. (I. N. .) Butter Re
ceipts, 5701 tubs. Creamery extras, 55c; firsts,
58c: packing stock, 28 33c
Eggs Receipts. 5173 cases. Current re-
firsts,' 39 He; extras, 45046c; checks. 25
30e; dirties, 32 0 34c
Consult Us
Before You
Buy or Sell
LUMBERMENS
TnusT company,
. CAStTAL as Marias $. .
IsatbsrsieBS llda. PfUaa4.0ff
Open. High. Low.
1995 1995 1995
2268 2292 2252
2200 22x5 2192
;i35 2142 2122
2025 2030 20li
2005 2005 1995
Liberty
Bonds
Edited by
flyman H. Cohen
STRONG TONE
AT FULL
Nine Loads Arrive Over Night at
North Portland Good Gall in All
Lines for the Day Sheep Sold
With No Arrivals.
HOW LIVK8TOOK
RULED
Tops
S tears.
20.00
1S.S0
m.as
16.2a
14.60
Hogs.
. .$17.70
. . 1 7.60
, . 17.75
. . 16.90
. . 1 7.60
Lambs.
$18.86
1S.0B
17.7B
17.75
14.50
Chicago . . ,
Omaha
Kansas City
Denver
Portland . . .
PORTLAND LIVESTOCK RTJN
Hosn. Cattle. Calves. Sheep.
Thursday
Week ago
Two weeks ago.. . .
Four weeks ago. . .
Year ago
Two years ago. . . ,
Three years ago. . ,
Four years ago. . ,
475
192
201
406
208
382
151
130
298
25
66
2
62
67
42
87
127
10
5
2 194
Nine loads formed total arrivals at North Port
land over night and all lines show strength.
Market did not show any sales of topa in
swine division during the early session of
day because of the lack of suitable quality.
the
the
In
general the trade was considered at former values.
General bog market range
Prime mixed
Medium mixed ..........
Rough heavies ..........
Pigs
Bulk
, .$17.2517.50
17.00 017.25
,. 15.25015.50
,. 13.00013.00
1T.26
Cattle Situation Strong
- Situation in cattle market continued strong at
North Portland. Prices are at present so high
that no further advance in quotations was made
or believed possible at the moment, although trade
is excellent.
General cattle ranee:
Beat steen $13.50 014.50
Good to choice steers .. 11.75012.73
Medium to good steers 10.75 011.75
Fair to good steers 9.50 010.75
Common ro fair steers ........ 8.50 0 9.50
Choice cows and heifers 10.60 011.50
Good to choice cow and heifers. 8.75 0 9.79
Medium to good cowa and heifers. 7.75 0 8.75
Fair to medium cows and heifers. 6.00 0 7.00
Canners 8.50 0 6.00
Bulls 6.00 0 9.00
Calves 9.00 013.50
Stockers and feeders 7.00 010.00
Lamb Offerings a Myrtery-
There was a sale of a few head of lambs in
the North Portland yards for the day but lust
how they got there even the official censors at
the vards did not explain. No arrivals have been
shown in the mutton division since Monday.
General sheep and lamb range:
Prime lambs
.$14 00014.50
Fair to medium
lambs 10.00 012.06
10.00 011.00
Yearlings . . . . .
Wethers
9.00 910.00
Ewes
6.50 0 8.76
5 500 6.00
Goats
Thursday Livestock thlppan
Hoi
enland & Co., Heppner, 1 load.
Cattle
Isaac Van Orton. 1 load; Charli
1-ad.
Macy. 1
Cattle
and Hogs B. B. McKinney, Lebanon,
1 load; Hout A Snodgraas, 1 load; Frum May-
berry, Halsey, 1 load; M. L. Forrester, Tangent.
1 load; R. H. Lane. Lexington, 1 load.
Wednesday Afternoon Sales
' STEERS
SHOWN
LIVESTOCK TRADE
QUOTATIONS
No. Ave. lbs. Price. I No. Ave. lbs. Price.
1 840 $11.00 3 760 $10.00
8 952 12.50
COWS
1 1180 $11.00 2 680 $ 6.00
3 880 6.00 6 930 8.00
1... . 80O 6.50 2 840 7.50
2 930 9.25 1 960 10.00
1.... 880 7.00
BULLS
1 1340 $ 9.00 I 1 560 $ 7.00
1 1290 9.75
HOGS
59 143 $15.50 I 18 128 15.3 8
83 158 17.10 ( 8 183 17.00
8. . . . 142 15.25
Thursday Morning Safes
COWS
No.
Av. lbs.
. . 845
. . 930
. . 920
. . 945
. . 943
Price.
$ 6.50
9.00
6.85
7.0O
7.75
No.
1.
1 .
8.
1.
2.
Av. lbs.
. . 950
. .1010
.. 895
. . 880
.. 730
Price.
3.
l .
4 .
$ 8.60
5.00
"8.00
6.50
S.50
HOGS
$17.35 I 58.
17.00 2.
15.25 I 3.
LAMBS
15.,
4. ,
8.,
269
200
417
158
$17.25
240
16.00
15.00
13;
11.
84
$18.00
DAIRY PRODUCE OF THE COAST
San Francisco Market
San Francisco, Feb. 27. U. P.) Butter
Extras. 67 Vac.
Extras. 4LHc; extra pullets. 38c
Cheese California flats, fancy, 82c.
Seattle Market
Seattle, Feb. 27. (U. P.) Butter Local
city creamery, bricks, in cartons, 67 H 0 68c; do
parenment wrapped, 67c; do cubes, 55 0 56c
Eggs Fancy ranch. 43 0 44c; pullet. 400
tic per aozen.
Cheese Washington triplets, 32 34c; Wash
ington Young America, S4 0 35e; Oregon trip-
lets, a iffa-ic; vregon xoung America, 34 0 35c
PACIFIC COAST BA5K STATEMENT
Portland Banks
This Week.
6,176.297.53
4.44M, 755.30
5.100,906.93
5.394089,89
Seattle Banks
Tacoma Banks
Spokane Banks
Clearings:
Monday . . . .
Tueday. . . .
Wednesday. .
Thursday
Clearings ..
Balances . .
Clearings . .
Balances . .
Clearings . .
Balances
Clearings . .
Clearings . .
Year A ra
.$ 6,176.297.53 $ 8.765,006.95
8.171.439.24
2,808.715.69
3,080.071.79
4.852.007.00
1.389,947.00
559,187.00
87,203.00
1,198.554.00
466.978.00
San Francisco Banks
$16,35.613.00
Les Angeles Banks
$ 5.691,939.00
Foreign Boad Market
Furnished by Overbeck A Cooke Co ,
Board of
Ask.
974
100 tt
98 tt
99 tt
117
100
101
60
140
994
98 tt
97 tt
97
99 ?4
96
96 tt
103
Trade building:
Bid.
A. F. 5s Oct, 1920
V. K. 5 tt Nov. 1919. . .
V. K. 5 tts Nov. 1921 .. .
A..F. Sec 5s Aug. 1919.
Rep. France 6s 1031
Paris 6s Oct. 1921 . . .
Marseilles 6s 1919
Kussia Extn. 5s 1921. . . .
Bussian Intl. 5 tt s 1 926 . .
Item. 5s Aug. 1919..-..
Dom. 5s April 1921 . . . . .
Don. 5s April 1931
Dora. 5s April 1.926....
Argentine 6s May 1920...
97 tt
100
OH tt
99 tt
116
99 tt
101 4
58
138
99 tt
ttt
97 tt
964
94
95
954
104tt
C hina 6s 1919. .
J Im. Canada 5s 1937
French 5 Ha 1919.
FACTS N. 4$4
FLOATING to
VICTORY
EARL CURZON of the British War
Board recently declared that the
allied cause had been "floated to vic
tory on a wave of oil," because 'If it
had not been for the treat fleets of
motor trucks the war could not have
been wdn." . It was a victory of auto
mobiles over railroads, and to make
this phase of transportation effective
the highway should be paved with
BITULITHIC
WA BBE5 BROTHERS COM PA ITT
Joaraal Balldlaa;, Fortlaad, Oreajoa
Yakima Apple
Sale Confirmed
At $3.75 a Box
Yakima, Fsb. tl. Yakima applet are
still soaring In price. Tares tsilSndi of
extra fancy Wlneaase ware sold fee delivery
this wssk by a leeal representative at Lipo
ma Csv. af Sbrsr vork for S.7S per sex,
which Is the high or lee fee the season but
local shippers snalntal.i that S4.00 per baa
will be reached before March 1. O. M. Han
gings rsperts the sale ef a car-lead at SS.70
but Is hetdlng at S8.7B fa- apples ef similar
grade. The Thempson-Ouddy company,
cleaned out of extra fancy stock. Is sailing a
combination ef O grade and fancy stack at
S3.SS f. e. b. Yakima. A Chicago firm was
purchasar of the apples sold at the hhjh
Violent Upturn Is
Made m Specialty
Shares at Opening
CLOSING TRADE AOTIWS
New York, Fa. 27. (I. N. 8.) The stack
market was active and Irregular all through the
last hour, with additional sains made In man
specialties, while the standard group developed a
neavy tone ana restate a rrom i at poinss. mm
Rubber moved up to a new high record ef SI
Bolnta. and reacted to 794. General Motors,
after sailing up to 1 64 Vi . dropped X points.
Steel common .sold up to va Vt , ana eioeea as
85, while Baldwin reacted over 1 point te
7S4, and Southern Pacific yielded to 108.
Sales, SS4.0OO shares; bonds. $1 1 ,06-4,000.
New York. Feb. 27. (I. N. 8.) There waa
another display of strength at the opening of
the stock market today when many stgeks made
substantial advances with soma violent upturns
in specialties. American Bide Leather pre
ferred moved up from 95 to 97 snd General
Motors rose 2 points to 151 H.
The marine issues were strong with American
International advancing tt to 57. Marine to
24 tt and the preferred 1 point to 101.
The steel shares, after advancing at the start,
reacted. Baldwin ranged from 78 tt to 774
and Bethlehem opened up tt at 65 and then
declined to 64 tt . United States Steel ranged
around 95 tt.
The petroleum stocks were heavy, Mexican
Petroleum declining ltt to 175 tt and Boyal
Dutch tt to 94.
The tone was uncertain all through the fore
noon with pool manipulation causing advance in
many issues where a supply was met and reactions
quickly occurred. General Motors moved up over
3 points to 152 tt while Btudebaker rose to 60 tt
and then reacted to 59 tt.
The Marine issues were strong. Marine pre
ferred selling up X point. Mexican Petroleum,
after selling down to 175 tt, moved up to above
178, and Pan-American rose nearly 2 -points to
80tt.
Distillers' sold up 2 points to 68 tt and In
ternational Paper gained 2 points at 9&tt.
Furnished by Overbeck A Cooke Co.. Board of
Trade building:
DESCRIPTION : Open High I Low Clo
Alaska Gold I 34 8 4 8 aH
Allia Chalmers, e. . 85 H 85 tt 84 tt 84 tt
Am. Agr. Chem... 102 tt 102 tt 102 tt 102
Am. Beet Sugar.. 754 754 75 75
Am. Can. e 42 tt 47 tt 46 tt 46 tt
Am. Car F.. c 91 tt 93 tt 91 tt 92
Am. Cottoa Oil, c. 43 tt 45 tt 45 45
Aan. Ldnseed, c... 48 48 46 tt 46 tt
Am. Loco., e 64 tt 654 64 tt 65
Am. Smelter, c. . . 67 694 66 tt 7
Am. Sum. Tobacco. 1144 115 tt 112 tt 115 tt
Am. Sugar, c...:. 121 tt 121tt 119tt 119tt
Am. Tel. A Tel... 106 tt 107 106 108 tt
Am. Woolen, c... 57 tt 67 tt 654 654
Anaconda Mia. Co. 60 tt 61 tt 60 tt 60 tt
Atchison, -c 924 92 tt 92 tt 92 tt
Atlantic. O. AW. L 98 tt 084 98 H 98 tt
Baldwin Locate.. 78tt 79tt 7?4 78tt
B. tt O. , e ... 49 49 484 4814
Bethlehem Steel, B. 65 65 64 64
Brook. Bapid T. . . 24 tt 24 tt 28 234
Butte A Superior.. 18 tt 2Itt 18tt 20 tt
Cal. Petroleum, o. . 26 H 27 tt 26 tt 27
Canadian Pacific.. 164 tt 15 164 tt 164
Cent. Leather, c. . 02 tt 4 tt 62 tt 63 tt
C. A 0 58 tt 58 tt 58 57 tt
C. G. V c. .. tt 9tt tt
C. M. A St. Paul . 86 87 tt 83ttl86
C. A N., c 95 tt 96 95 tt 93
Chile Copper ..... 18 19tt 18 19tt
Chino Copper .... 38 tt 84 tt 88 tt 34
C, F. A I., C 88 tt 394 88 tt 88
Consolidated Gas.. 98 tt 98 96 tt 97
Corn Products, c... -48tt 48tt 48 48
Crucible Steel, o. .. 604 62 60 61
Cuban Cane Sugar 224 23 22 tt 22 tt
Distillers 56 tt 68 tt 66 tt 57 tt
Erie, e 17 17tt 17 17tt
General Electric ..155tt 155 tt 155 156
General Motors ... 151 1544 ISOtt 1524
Goodrich Rubber .. 714 714 70 70 tt
G. H. Ore Lands . . 89 tt 89 tt 89 tt 89 tt
Gt. Northern, pfd. 94 tt 94 tt 94 98 tt
Greene Can 42 tt 42 tt 42 42
Hide A Leather, c. 18 18 tt 18 18 tt
Ice Securities . 45 tt 45 tt 48 43
Illinois Central . .. 98 98 98 97
Industrial Alcohol . llltt 114 llltt 1124
Inspiration 45 tt 46 tt 46 45 tt
Int. Mer. Marine . . 24 tt 24 tt 23 23 tt
Int. Nickel 254 26 tt 25 tt 254
Kennecott Copper.. 80 tt 81 tt 80 tt 80 tt
Lackawanna Steel.. 664 87 tt 66 tt 664
Lehigh Valley 65 tt 66 55 tt 65 tt
Maxwell Motors, c . . 36 36 35 tt 85 tt
Mexican Petroleum. 176 tt 1784 175 tt 177 tt
Miami Copper 22 tt 23 22 tt 22 tt
Midvale Steel 42 tt 434 42 tt 42 tt
Missouri Pacific... 25 tt 25 tt 25 264
National Lead . 4 . 67 67 tt 67 66 tt
Nevada Cona. ..... 16 18 tt 16 10 tt
New Haven 804 31 SOtt SO H
N. Y. Central .... 74 tt 75 tt 74 tt 74
Norfolk A W., e. . . 107 107 106 tt 106 tt
Northern Pacific .. 93 tt 93 tt 93 92 tt
Pacific Mail 29 tt
Penn. Railway..... 45 45 44tt 444
Pressed Bteel Car, e. 67 tt 68 tt 67 tt 68
Ray Cona. Copper.. 20 20 19 tt 19
Ry. Steel Springs.. 75 tt 78 tt 75 tt 75 tt
Reading, c. ... . 82 82 tt 81 tt 82
Rep. I. A 8., e. . . . 77 77 tt 77 T7
Hock bland 25 tt 25 tt 25 25
8.. Roebuck A Co 171
Shattuck 10tt 10tt 10tt 10tt
Studebaker. c 60 tt 62 tt 69 tt 60 tt
Southern Pacific 102 tt 1034 10214 103
Southern Railway, e. 29 tt 29 tt 29 tt 29 tt
8 wilt A Co 1234)1234 123 123
Texas Oil 193 1944 192 '4 192 tt
Tobacco Product! . . 89tt 90 tt 89 tt 89 tt
I'nion Pacific, e. . 181 tt J181 tt 180 4 131 tt
I nited Cigar Stores. 125'4l25tt 123 tt 125 tt
I'. S. Rubber, c. . 8841 "4 tt 82tt 82 tt
IT. S. Steel, e.... 85 tt I 854 84 tt 85 tt
I'. 8. Steel, pfd... 114ttll4tt 114 tt 114
1 tab. Copper fl tt 71 tt 69 tt 694
Vir. Chemical, e. . 65 tt 56 55 84 tt
W. U. Telegraph... 88 89 88 88 tt
W house Electric... 46 46tt 45 tt 45 tt
Willys Overland... 28 28 tt 27 tt 274
Woolworth I I,.... 120
Ohio Cities Gas. .. 374 3741 87 tt 87 tt
Bales 884.000 shares.
Jfew York Bond Market
Furnished by Overbeck A Cooke Co.,
ef Trade bunding: Bid.
Ajtchiaon Oenl. 4s 82 tt
Rsl. A Ohio Gold 4s ... 76 tt
Beth. Steel Ref. 5s 88 tt
Cent. Pacific 1st 4s . . 79 tt
C, B. A Q. CoL 4s 93 tt
St Paul GenU 4 tts 79 tt
Chicago N-W. GenL 4s 814
L. A N. Uni. 4s Hn hi
New York Ry. 5s 14 tt
Northern Par. P. L. 4s 84
Reading Genl. 4s 84
ITnion Pac 1st 4s 81 tt
U. 8. Steel 5s .. 100 tt
I'nion Pac. 1st Ref. 5s ...... . 81 tt
Southern Pac. Conv. 6s ..... . 103
Southern Pac Conv. 4s 83tt
Penn. Conv. 4 tts 95 tt
Penn. 1st 4 tts 87 tt
I'bes. A Ohio Conv. 6s ...... . 85 tt
Ore. Short Line 4s , 85 tt
Board
Ask.
"24
77
89
80 4
934
82 tt
84
85
IB
84 tt
87
87
lOOtt
82
103 tt
84
954
88 tt
854
87
Ow Printing is the fcest
andibecauze we know
how. to 60 it, it costs less
Televkonev Main IBS, A1183
F.W. BALTES & CO.
FIRST AND OAK
OF
WEST PROPOSED
British Labor Leader Urges Body
of 30 Employers and 30 Em
ployes; Also Council.'
London, Feb. 27. (L N. S.) Arthur
Henderson, famous British labor leader,
at the ppening of the industrial confer
ence today moved the appointment of a
commission of 30 employes and 80 em
ployers to investigate the industrial un
rest which has swept Great Britain-
Mr. Henderson also demanded the ap
pointment of a national Industrial coun
cil. ,
In seconding; the motion, Stutrt Ban
ning- of the TrCde Union congress said
that the government la now forced to
summon to its councils men whom Pre
mier Lloyd George, had recently de
scribed as Bolshevist!.
Premier LJoyd Georce. in addressing
the conference, said ha was hopeful that
ths peace-preliminaries would be signed
within thdf next few weeks, but that tha
blockade tould not be removed until
Germany's signature' to tha treaty re
moves the possibility of, future wars.
"The spectre of unrest must be gotten
rid of," declared the premier. "It is
preventing the industrial machine from
being re-started. The faults are on
both aides. The employer must trust
the workman more than in the past."
Lloyd George said that he hoped that
the cost of living would be ' reduced a
dollar a week by mid-summer.
"The country will not be able to meet
the burden of increased pensions with
out reducing unemployment benefits,
the premier said.
He warned the conference that the
national treasury Is not inexhaustible,
adding:
"Industry cannot thrive unless tha
workers feel they have an interest in it.
Improved welfare will, not be possible
without improved efficiency. We must
tighten up and Quicken industries as the.
war has taught ua it la wise for the em
ployer to see that the worker gets a
fair share of the profits."
Northwest Stockmen
Gather for Annual
Meeting in Spokane
Spokane. Wash.. Feb. 27. (U. P.)
Stockmen from all over the Northwest
are flocking to thia city -today to at
tend the third annual Northwest live
stock conference for a three days' ses
sion. At the same time the Wool Grow
era' association of Eastern Washington
is meeting cojointly. It la expected the
loint attendance will reach several
hundreds. The production of better
stock waa favored in several talks given
by the stockmen at a smoker for them
Wednesday night. The sheepmen took
up the new grazing rules for national
forest areas, which, they say, discourage
arrasing. They say that unless the rules
are changed in five years the grazing of
all stock in several forests of eastern
Washington and northern Idaho will be
eliminated.
The program for the stockmen includes
visits to the various stockyards, talks.
dinners and Judging of .cattle.
Grain Man's Death
Natural, Not Suicide
Tla.oAana ral 7Trl. ft. ft. 8.1
That S. Mi Paine, Chicago grain op
erator, found dead in his room at t.ne
Huntington hotel here, died of heart
disease and did not commit suicide, waa
the belief of Coroner Calvin Hartwell
nAmv. However. Coroner Hartwell an
nounced that he will conduct a post
mortem examination as a precaution
to protect the widow in the collection of
life Insurance. Mrs. Paine was in San
Francisco at the time of her husband's
death. Mr. and Mrs. Paine reached
Pasadena several weeks ago, intending
to remain at! winter.
Admiral Sims1 Aide
Pneumonia Victim
London, Feb., 27- (U. P.) Comman
der E. G. Blankslee, aide de camp to
Admiral Sims, Is dead of pneumonia.
Liverpool Cottoa Qslet
r v.), ?t (l- N. S.) Cotton fa-
mm opvnvu nmi;
qnlet today, prices easy. Sales for tha day were
lvvv oaiea.
3ew Tork Ssgar aad Coffee
New Tork. Feb. 27. (0. P.) Coffea Spot
No. 7 Rio. IStte: No. 4 Santos, 21tte.
Sugar Centrifugal. S7.JJS. '
INVESTIGATION
Liberty Bonds
Tf yea mast firflX year liberty Beads, A ELI. to VS.
If voa can BUY more Liberty Boads, BUT from US.
We bay aad Mil Liberty Boads at the market.
too- CAjrxtyr bo better you mat do wobsb '
On Wednesday, February 26, the New York market pricea on United
States Government Liberty Loan Bonds, plus the accrued
Interest, were as follows ; : ,
itts 1st 4s 4s - lst4U 2d4V4s Id4s 4th448
9946 94.45 94.61 ; 85.90 95.81 97.41 .v 95.6$
in purchasing Liberty Bonds we deduct from the above prices 7o on a
$50 Bond and $2.50 on a $1000 Bond.
In selling Liberty Bonds we charge the New York market price, plus
accrued interest. . . ...... -
BURGLAB AJTD FIREPROOF SAFE DEPOSIT VAULTS
SAFE DEPOSIT BOXES FOR RENT,
Morris Brothers, Inc.
The Premier aisalelrei Bead Hoase
EstabUsaed Over ft Years
8ft-U STARK STREET. BETWEEK STH AKD 6TH, OROU3TD FLOOR
Telephoae Broadway 8161
m
CLARK, KENDALL & CO.
COYtWIMEKr. mumcipai and corhmtion bonds
KC0N0 FlOO. NOaVrTWCSTiaN BAN1! gUtlOINC
FOIlTLANO.ORtwOH. . '
u. s.
Liberty bonds
WK ARE PREPARED AT ALL TIMES TO SUBMIT
PRICES OK LA ROB OR SMALL AMOUSTS OF THE
VARIOUS ISSUES OF THESE BOSDS
3
Finance, Timber
Industry
The Alexaader Hamilton ititn
During the past week business merj of
Portland on several occasions have lis
tened to , addresses by Joseph French
jonnson, aesvn or the school, f com
merce and finance of the University of
New York and founder of the Alexan
der Hamilton Institute. In this Port
land has been fortunate. Dean John
son's visit to the Pacific coast is hap
pily timed and the inspiration resulting
"" m persons contact witn tne
country's foremost authority on finance
must have a beneflcient effect upon our
economic policy during the period of
business reconstruction. The course of
reading sent out by the Alexander Ham
ilton institute has aided in the success
of many of the country'a most promi
nent eSeCUtivsa. rwrH i n m In tl .In,.
genaeii. In charge of the Portland of-
nce 01 ma institute, several hundred
business men of this city are subscrib
ers to the course and scores of applica
tions are, being received at hia head
quarters In the Henry building.
Embargo oa Gold CoaUaaes Limita
tions on the amount of money which
may be taken from the United States
by travelers are covered by instructions'
Just received by Will Moore, collector
of customs. These restrictions are sim
ilar to those enforced during the war.
Blanks are , provided which must be
fillet! out by travelers leaving the coun
try before permission is given to take
money from the United States. Kach
adult traveler Is limited to an aggregate
of 11000 in bank notes or Its equivalent
In currency other than gold of the
countries for which passports have been
issued. Subsidiary-silver coins not to
exceed $100 for each adult may be sub
stituted for a like amount of notes. Li
censes may be secured from the federal
reserve bank for taking amounts in
excess of these amounts.
Jspaaese Silk Klag Visits America.
Sobei Mogi. "silk king" otr Japan, re
cently arrived in San Franciscoi accom
panied by Toahiro Ikeda, president of
the Efficiency society1 of Japan. The
distinguished visitors are on a tour of
the United States and will visit Europe
before returning to Japan. Sobei Mogi
is at the head of the Japanese silk in- .
dustry and is heavily Interested In other
enterprises in the Orient. His Income is
estimated at 450,000,000. yen annually.
Mogi Is 26 years old and unmarried.
Bids Asked oa Boad Constrsctloa
Sealed bida will be received at the of
fice ' of the county commissioners of
Clarke county, Washington, at the court
house In Vancouver, until 10 a. m..
March - 8, for the improvement of the
River road, extending from the easterly
limits oi tne city oi Vancouver to tie
westerly limits of Waahougal and from
the easterly limits of Washougal east
erly about two miles. Proposal blanks
and specifications will be furnished by
the Clarke county engineer, t
. Bids Asked for Calculating Machines
Sealed bids will bo received by the
county commissioners of Multnomah
county until 10 :30 a. m., March 6, for
one calculating machine.
Aaetloa Sals of Buildings Buildings
located on the Marqum gulch play
ground will be sold at publlo auction
to the highest bidder, for cash, by Peter
Mcintosh, assistant purchasing agent
of the city of, Portland, at 3 p. m.,
March X.
Foremen Get Raise
In Hog Island Plant,'
Attqpq fro $00 WoolrliT
JUL V KJi. lAfClJ kLSa-l f I UulMj
Washington, Feb. 27.(L N. 8.)
Foremen In the Hoe Island shipyard
get an increase of $2 a week, under a
decision made today by Charles Pies,
director genera t of the United States
shipping board's Emergency Fleet cor
poration. Men who demanded an Increase from
f 64 to $70 weekly get $66 ; others who
asked an increase from $52 to $58 get
$54. Thia decision sustains the offer
made by- the International Shipbuilding
corporation.
The men are to work I hours five days
time and a half for overtime, with dou
bts time for Sundays and legal holidays
mentioned in the Macy award. Ar
ranging for starting, or closing, the day's
work is not to be considered overtime
unless it exceeds three hours a week.
They are to be permitted two and a half
days' sick leave each month, making
18 days year.
Strike May Tie Up Harbor
i
New Tork, Feb. 27. (U. P. That
New Tork harbor may again be tied up
by a strike of marine workers Is the
threat today of boatmen who are dis
satisfied with the award of V. E. Macy,
umpire for the national war labor board.
"771
Y