WW
4k .O A-- A. .Wt
A .A .tw 4
. v-. O O X
TOMATO MARKET OF COAST NEVER SO STRONG AS AT PRESENT
Edited br
flyman IL Cobea
BUTTER MARKET; IS -
MIXED
COUNTRY
PRICE HERE STEADY
Print Are father Active but Only
Small Demand Shown for Cubes
Leading Interests Inclined to Co
Slow About Stocking Up.
Market for butter has , been rather
erratic throughout thecountry recently.
The Eastern markets hava been advancing-,
and especially ao at tidewater.
On tha Pacific coast there has been un-
. explained weakness and loaa of price in
San Francisco, while no change is shown
at Portland or; on Puget Sound. "
- Leading creamer; man lay that demand for
print butter continue favorable, even thoucn
'there haa been less snap recently in the local
territory for cubes. Despite tl't good -all for
prints, then ia no dipoW,n among' tutter
J. Ier.ts U stock up with sqpptie. he.awe
of , h coat of livng agiij'krik fcveryone la
ur !i tls air regaramg tie ''jaiii.ta urre
of . vs me.
Failure of the scheduled advance in butter
to materialize at Pacific Northwest iolnta i
explained by aoraa of the trade a due to tlie
Uuexpected decline in California. ,
, Little dairy butter ia arriving here, but there
t a very act ire demand at good pri-".
ittl) LCL MT LD
. Dairy produce receipt at Portland- Thursday:
BUTTER
- . ' Pound.
Brecon .................. 4848
Washington 14 78
I Total
7 l
California
Oregon
Washington
..,.
CHEESE
6$
14.310
.3.106
Total
EOGS
.1T.483
-Csses-
Idatio
Oregon ...............
Washington ............
ToUl . . .
Urand total
Bap. Freight
17
128 62
21 2
160 64
230
PEACH TRADE HOLDIHG' STEADY
Trade in tha peach market ia holding steady
. along tha wholesale way. Nothing bat early
tack te coming from tha bom territory and
considering this values are wall maintained.
PEAR PRICES CONTINUE HIGH
While pear prices here continue higher than
ay other place along the Paetfto coast, with
Bartletts selling at 8.78 9 4 per bor. tha de
mand is by no means heavy, and a bigger supply
would force a sharp reduction. -
COUNTRY MEATS ABE YERY SLOW
Country meat markets are very slow at this
time - along Front street. Hogs are -hard to
move even down to 28c for tops, and soma
sales have been made as low as 27c Veals
are sluggish at tba prices nsmed.
'CHEESE PRICES OFF ONE . CEST
Much of a surprise to tha local trade was
the announcement from Tillamook of a cut uf
la a pound in the price of cheese by tha
.association. This nuts the Tillamook f. o. b.
price at 33c for Triplets and 34c for Young
America.
Billy Garrett Is
'Real Optimist
Has Good Report to Make of All
Crops in the Interlo ,
By Hyman H. Cohea
Billy Garrett, the optimist of East
ern and Central Oregon. likewise sales
man for a Portland wholesale grocery.
Is back in town after a short vacation
and Is filled to overflowing- with good
things to' tell of tha Interior sections. '
1 If the day arrives that "Billy ever
loses his optimism, then goodby for the
entire Central Oregon country for he
is an institution there.
' Hear hie latest reporta ef his wonder
ful country. He 'has segregated them
by districts : - .
"Kent and Grass valley sections of
Sherman county, where they did not
expect -much of a grain' crop, has a
much better showing than 5. year ago.
jn the Madras country and alt
through the Deschutes the actual .bar
vest shows interesting yields and every
one there is much encouraged. '
' ''prineville. Post and around -Paulina
the hay crop is a trifle short, but not
as bad as expected. '
"Gilliam county and especially around
Condon, the yields of, wheat are above
all expectations.
"Heppner, lone , and Lexington sec
tions of Morrow county show actual
yields far in excess of what bad been
believed possible.
"Stock in all sections is in good
shape." .
There is nothing more to say.
- i
Those desiring special information re
garding any market should write the
Market 'Editor, inclosing stamp for re
ply. ' "
Small Trading in
Coarse Grain Pits
By Joseph W. Priehard -
Chicago. Aug. 8. (I. N. ft) The trade in
grain spent most of the (tension in backing and
filling. There was no incentive to enter deep
speculative waters as either a buy or a seller,
and commission house demanded caution in
making new commitments. Cora closed &
8 He higher for the day; oats were 11c
better. Hog products showed but little change.
Chicago. Aug. 8. (I, N. 8.) The grains
have steadied considerably, corn starting today 1
cent lower to 1 c higher, with oats opening
unchanged to He lower. In the corn market
there was scattered commission house selling in
a small way. Locals were more friendly to -the
buying side and filled order on the decline. The
Volume of business was small.
The opening bell found the oat traders fist
footed and awaiting a leader and it was several
minutes before a trade-was made. The volume
af business waa extremely small.
There was nothing doing at all in pork ami
ribs and vary little trading in lard, which opened
80 to 60 cents lower.
Chicago range by United-Press:
CORK '
Open. High. Low. Close.
CHICKEX PRICES .LOITER AGAIN
Another cent a pound has been generally cut
off - she selling priced of chickens along the
street, with- hesvy hens at , 27 & 28c and tue
.lighter weights at 25 26a a pound. Ducks
- and geese are hard to move at any- price.
BRIEF NOTES OF PRODUCE TRADE
- Egg trade quiet at unchanged prices.
Turpentine ia up to 10c a gallon again.
Potato market steady: buying price best (2.25.
Onions are firm at mtchanged values.
String beans not so plentiful; market firmer.
September -December
.
i May
September
December
May
September
September
October . .
-September
186
150
.147
WEATHER NOTICE FOR SHIPPERS
. - Weather bureau advises: Protect shipments
during the next 36 hours against the following
maximum temperatures. Going north. . 7i de
grees; northeast over S.. P. A S. R. R.. 90' de
'grees; east to Baker, 80 degrees, and south
to Ashland, 96 degrees. Maximum temperature
at Portland tomorrow about 7 5, degrees.
190
151
148
OATS
72 74
74 76
77 79
PORK
4550 4605
LARD
3100 3132
3075 3112
RIBS
2575 2600
185
14,7
14
71
74
77
4495
8076
3060
190
161
148
74
76
79
4600
3115
3080
65 2590
WHOLESALE PRICES IIP POBTLAWTJ
-These are the prieea retailer pay wholesalers,
except aa otherwise noted:
Dairy Predutta,
BUTTER Selling price, pox lots: Creamery,
prime, parchment wrapped, extras, 61e "per lb.;
prime firsts, ,60c; firsts, 57o per lb.; smaller
lota at an advance. Jobbing prices: uuoes ex
tra. 66 57c; prime firsts, 6354e; cartons, lc
' higher. - .
BUTT EH FAT Portland delivery basis, 68 9
6c; country stations, 61 62a per lb.
OLEOMARGARINE Local brands. 80
0c lb.; tubs, 32c; 1 lb. cartons. 89e: 2 lb.
cartons, 35c; N'ntmargsrine. 1 lb. cartons, 18
per lb.
CHEESE Selling price: Tillamook, fresh
Oregon fancy full cream triplets-, 87? 88c lb. i
Tonng America. 37 88c lb. Price to job
bars, f. o. b. Tillamook triplets, 33c: Young
40c. . Buying price of Coos and Curry triplets,
32 c; Young America, t per lb.; L o. t.
Myrtle Point.
EGGS- Buying price. 48 53b per dozen;
telling price, 61 0 63a; eandUd, 65 66c
' 'EGGS Public market retail selling price,
5 7o per do. ; association jselUng price to trade,
60(3 63c per dosen.
LIVE POULTBT Heavy hens. 2728e per
lb.; light hens, 25 926c per lb. ; broilers. 25
STr tier lb. old roosters. L7 (W 1 8c lb. ; sauaba.
88.00; young -ducks, . -80oper lb.;, pigeons,
81.50 2.00 per dosen; turkeys live. 80o per
.lb.; dressed. 40o per lb.; geese, lira. Z5$S0e lb.
FRESH FRTJITS Oranges, 55.75 6.T5
per box; bananas, 9c per lb.; lemons, $8.00
8:60 per crate; Florida grspefmit, ( ); Cali
fornia grapefruit, $5.25 ( 6.00; cantaloupes,
1.60 8. 73; watermelons, 22c; California
figs, $1.25 160: Oregon apricots. Sl-50
2.25; peaches. 76e$1.85; peach plums, 75c
8100; pear. $3.25 4 00.
' BERRIES Raspberries, 83.50 3.78; logan
berries. $2.60 2.75; currants. $2.00 0 2.26.
-blackberries, $2.2302.60 per crate.
... A PI'LKS-r-Various varieties, local. 60c
$100 per box.
DRIED FRCITS ' Dates. Dromedaries,
i ) ; Fards. - PrJ. box; raisins, three
erovra loose Muscatel. IOC lb. ; tgs, $.00 per
box of 60 G-oi. packages, ,
ONIONS Selling price to retailers. Oregon,
f per cat; association selling price, esr-
toea, I I I. a. D. coaniry; game, soc; green
y onions, 40a per dozen bunches; Walla Walla.
83.60.
POTATOES Selling price, old . erop. $1.75
1 01.85 ewt.; buying price for fancy large sixes.
$1.50; ordinary, $1.33 01.50 per cental; sweet.
el a TT it, i fir w - rut twTi, f. te tjy v w
VEGETABLES Turnips. $3.60 per sack :
carrots, 60c per. dns, bunches; beets, 60e doa.
bunches; cabbage, Oregon, - 8 3 e lb.; lettuce,
60o per doaK eucumbers. 90c$1.50 per doa.;
tomatoes, $2.00 per erate; egg-plant, 12
ner lb.: cauliflower (California). $2.25 Der
-erate: .horseradish, 15e per lb.: spinach, local, 8e
per lb.; bell peppers, 80c; peaa, .9 10c; ruta
bagas. J2.U0 9 i.za per sack; string beans, 5 9
go per . lb. i green corn, 40e per dozen.
Meats and Previsions
COCNTRY MEATS Selling price: Country
Bogs, 27 02 8e I h. ; beat Veal, 23 24c; ordi
nary veal, 1517e.
; SMORFD MEATS Ham. 36 45 He; break
fast bacon. 98 0 55c; picnic. 28 0 30c: eottag
toll. 36o- lb.
LA RD Kettle rendered, 87 a lb.; stsnd
rd. 36 e; tierce basis, compound, 29 e.
Fish and Sltallflsli
F.RESH FISH Salmon, Chinook. 20 2 lo
per ib. ; lislibut, fresh, 16 18c; . tomcod. Se:
lurrron, iswsw; iresa oernnx, wvy tm oi
dressed shsd, 6o lb. shad roe, 10c lb.
6HEIJ.FISH Crabs. 32.25 0 6.00 per doa.:
shrimp meat. 62c per lb.; lobster. 80c per lb.
Crtceriee
- STJOAR Cube. 310.60; powdered, $10.26;
fruit and berry. 89.65; D yellow, $9.05: grano
lsted. $9.6-5; beet. $9.55; extra C. $9.25;
golden C. $9.15.
, HONEY Nev, ( ) peg case.
RICE Japan style, tto. 1. l$e; New Orleans
COTTON PRICES ERRA
IN THE EARLY TRADING
New York. Aug. 8. (I. N. S.) The cotton
market opened steady today at a net loss of 25
points to an sdvance of 1 8 points. Weak cables
appeared to be offset by reports " that railroad
shopmen were returning tn work following in
structions from union heads end also by active
buying by the trade, tba latter applying to Liver
pool, too, where it checked the big decline.
At the end of the first 15 minutes the list
waa unsettled and about five points under last
night's close, with room traders selling rather
freely. . . . , . r
(Range by Overbeck & Cooke Co., Board of
i raae Duiiaing. ;
TOMATO GROWERS IN
RICH DEAL VTTH AN
EXTREME PRICE HERE
Crop Ripening Unusually Slow and
Demand Continues, Strong Puget
; Sound Is Purchasing Supplies In
th Portland Trade, f
t Tomato growers of Columbia rtvar and
local .sections are getting rich at the
present market price for supplies, and
there is no indication of any mater'y-l
drop in Rvalues for some time at least.
Not , only are tomatoes extremely
scarce in the local section, but Puget
Sound is ordering Bupplles here and Cal
ifornia values are also way up in - the
air., :-; ,
Saks of - tomatoes in the Front strevt trate
are generally shown at $2 per box fr fauey
stock, with a few deals down to $1.73. Even
at the extreme price there te not a safficieat
supply coming forward.
Kay Yamesbiro. representatlva "of the Japa
nese growers rf the Columbia river section,
shipped about 1000 boxes to Seattle last cigut,
because of the shortage in that section.
While the tomato acreage of the a'acifle
Northwest te about a third greater than a -er
go, the stock has ripened ao gradually that
the output has not kept pace with the d mr.Ki.
Weak Tone in
Stocks Is . Followed
By Sharp Advance
.
STOCKS CLOSK STROrlO
New York, Aug. Se fl. N. 8.) The stock
market closed strong. Steal common sold up to
103 14 but closed at 10S. Baldwin Locomotive
after moving up S points to 104 ft, reacted at
tha close to 108 'a. United Food Products from
a low of 76', rasa to 80' and Mexican Pe
troleum rose S V from tha low o 1 75. Texts
Pacific yielded SV4 to 45 , and rallied slightly.
Oenarai Motors was finally 217; U. 8. Rubber,
12S'. ; Southern Pacific, eS'; United Cigars,
1ST; Central Leather, eSva, and Crucible,
1344.
Sales, 2,015,700 shares; bonds. $14,780,000.
New York, Aug. 8. (L N. S.) There was
a complete reversal of stock movements and
speculative sentiment at the opening of the
stock market today. The issues which had
shown such pronounced weakness in yesterday's
trading showed an urgent demand and during
the first 15 minutes sains ranging from 1 to
over 6 points were recorded.
United States Steel common was heavily
bought and started with an advance of 2 at
102 and after a reaction to 102 moved
up again to its opening price.
Baldwin Locomotive, Bethlehem Steel B and
Crucible Steel made gains of about 3 points
and other industrials moved in the same way.
The extreme advance was made in United
States Rubber, which responded to the news of
the capital readjustment with an advance of 6
to 128.
Central Leather rose S to 08 , Marine
common' 2 points to 53. Studebaker 2 to
104.
Declines were recorded in some stocks but
they were chiefly ia issues which bad net been
traded in yesterday afternoon and were influ
enced this morning by tha appearance of a few
belated selling orders. .
The market developed an irregular tone
which turned Into weakness in the late fore
noon, although a few specialties were active and
strong.
Steel common, after ' selling at 1024,
dropped to 101, and Baldwin Locomotive fell
2 to 103 U. 8. Rubber was in supply after
it advance of over six points to 128 and fell
t 123. American Car tc Foundry was
strong exception, moving up 4 to lr7-
- , i
Furnished by Overbeck & Cooks Co.. Board
of Trade building:
High
1'SSCRIPTION: I Open
Month. Open. High. Low. Close.
January 1 3102 3190 3070 316fr
March 3100 3185 3077 3168
May . 3100 8192 3075 8170
July 3150
October 8060 3191 8060 158
December ... 3100 8184 3063 3175
New York spot market 3215.
; Stocks, Bonds, Cotton, Grain. Bte, .
- ; tI6-tl7 Board ef Trade B sliding
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
. TO ALL EXCHANGES
n Member Chicago Board ef Trade
Corrrpondent el Leg-aa Brraa
- Chicago aw Tor -
Chicago Dairy Frodare
Chicago, Ang. 8. L N. S.) BuUer Re
ceipts 6412 tubs. . Creamery, extra, 53 c;
firsts, 4952c; packing stock, 42 45c
Eegs Receipts. 7989 caaea Current re
ceipts, 8942c: ordieary firsts. 3839c;
firsts, 4243c: extra. 43 44c; checks, 80
33e: dirties, 82 35c.
Cheese Twins, new, 81c; dairies, 32c; Young
Americas, 83c; longhorns, 33c; brick,
34 Ho.
Live Poultry Turkeys, 25c; chickens, 33c;
springs. 3436e; roosters. 21e; geese. 25c;
ducks, 28c.
Chicago Potato Market
Chicago, Aug. 8. (L N. S.) Potatoes
Receipts 15 cars. Minnesota and Dakota new
Ohioa. $4.60.
head, 14e; Blue Rose, 13 e Ib.
SALT Coarse half around. 100s. $17.00
per ton; 60s, $18.60; table dairy. 60s. $26.50:l.Gt. Northern Rv
U-1 , 1 , K - t r.n. - . I 1 J J '
uairo. ..iw g.v.i i.mi mviw WW u u J ,
$32.50; lump -rock, $25.00 per ton.
BEAN'S Oregon I sales by Jobbers): Lady
Washington, 7 8e per !b. ; pink, 7 e per
Ib.; limaa, 14e: bayou. 7c; red, 7c; Oregon
beans, buying prices normal.
'CANNED MILK Carnation. $7.25; Borden.
$6 85; Aster, $7.15: Eagle, $11.25; Libby.
$7.15; Yeloban, $7.05; Mount Vernon, $7.15;
Haxrlwnod, $7.15 per case. .
COFFEE Roasted. 87 51c in sacks or
drum.
SODA CRACKERS In bulk. 17c per lb.
NUTS Budded walnuts. 3136e peg lb.;
almonds. 24 29c; filberts, TJSc in sack lots;
peanuts. 16c; pecans, 25e: Brasili, 35c
Ropes. Points, Oils
ROPE Sisal, dark. 18 c; white, 20c Ib.;
stsndanl manils. 23 o lb.
LINSEED OIL Raw, bob.. $2.43 gsllon;
kettle boiled, bbls., $2.45; raw. cases, $2.53;
boiled, cases. $2.55 per gallon. ,
COAL OIL Water wliit, in drums er iron
bbls., 1 1 e gallon; case. 24c per gallon.
GASOLINE Iron bbls., 28 e; cases, 84c:
engine distillate, iron bbls., 16c; cases. 26 e-
WHITE LEAD Tan lots. 12 c; 50O lbs..
12 4 e.
TURPENTINE Tanks, $1.79; cases. $1.89;
IB case lots, lc less.
WIRE NAILS Basic price. 85.16.
Hops, Wool and Hides .
nOPS Nominal. 1918 crop; contracts, 101S
crop. - 4 5 50o per Ib.
HIDES No.' 1 salt oared hides. 30 lbs. and
up, 34c; No. 1 part eared hides, 80 lbs., and
up,. 82c; No, 1 green . hides. 80 lbs. and tip
30c; No. 1 salt cured bulls. 50 lbs. and up,
23c; No. 1 part cored bulls, 60 lbs. and up,
23c; No. 1 green bulls, 60 lba and up, 21c;
No. 2 hides, lc per lb. less.
CALF AND KIP SKINS No. 1 can skins up
to 15 lbs., 80c; No. 2 calf skins, up to 16 lbs..
75c; No. 1 kip. 16 to 80 lbs.. 60c; No. 2
kip skins. 15 to 30 lbs, 43c.
DRY HIDES Dry flint hides. T lbs. and up,
40c; dry flint calf, under 7 lbs.. 80c; 9V flint
bulls. 26c; dry salt hides. 7 lbs. and up24c;
dry salt ealf. under 7 lbs.,-74c; dry salt bulls,
20e; dry cull hides, any skins, half price.
HORSE HIDES Large, good takeoff, with
beads on, from $3.00 to $10.00 each; small or
poorly taken off. ' half price; hides with heeds
off. 50e leas.
PELTS Dry long wool pelts, per lb., 36e;
dry medium wool pelts, per lb., 30e; dry shear
ing pelts, 50c $1.00 each; salt long wcol
pelts, $2.00 3.50 each; salt medium wool pelts.
$1.50 0 2.50 each; salt shearing, pelta. 60c 0
$1.00 each.
MOHAIR Long ataple. 45e per Ib.; short
staple. 80o per lb.
TALLOW AND GREASE NT. 1 tallow, 13c:
No. 2, 12e; No. 1 grease. 10c; No. a grease,
8 per lb.
CHITTIM OR CA8CAEA BARK New peeL
lie per lb.
WOOL- Valley half blood Merino and Shrop
shire. 60c: Cotswold and Lincoln. - 40 04 6c;
mstted Cotswold, 30 35c : - timber stained, Se
per 4b. less; lambs' wool, 4c per lb.' less.
Eastern Oregon, Eastern Washington and Cal
ifornia Wool- Merino and Shropshire. 354Ce;
hslf blood Merino and- Cotwold, 87 0 42a;
Shropshire. 87 0H2c; Cotswold and Lincoln,
straight and mixed, 82 36c; borry. 5c per lb.
leas: lambs', 4c per lb. less. -
Fin Wools Merino combing and carding
grades, 30 0 35c. , - -
Alaska Oold
Allis Chalmers ...
Alloy Steel ......
Am. Beet Sugar. . .
A m. Can, c
Am. Car Fdy
Am. Cotton Oil. . .
Am. Hide 4t Lea, c
Am. Linseed, c . . . .
Am. Loco., c. . . .
Am. Smelter, c. . . .
Mm. Steel Fdy. . . .
Am. Sugar, c
Am. Sum. Tobacco.
Am. Tel. A Tel. . .
Am. 'Tobacco .......
Am. Woolen:, c. . . .
Am. Zinc
Anaeonda Mining .
Atchison, e. .....
Baldwin Loco., c. . .
B. & O., c
Beth. Steel. B . .
Brook. Rapid T . .
Butte tt Superior.
CaL Packers' Assn.
Cal Petroleum, c.
Canadian Pacific.
Cent. Leather, e. ..
Chesapeake A Ohio.
Chicago Gt. W., c.
C, M. A St. P. . .
Chile Copper.
Chino Copper.....
Oontinntaf Gas. . . .
Golo. F. ac L
Consolidated Gas . . .
Corn Products, e . . .
Crucible Steel, c. ..
Erie, c
General Cigars . . .
General Electrio . .
General " Motors . .
Granby Cons.
Gt. Northern Ore.
8
38
50
88
50
113
57
35
73
80
77
38
127
96
103
230
112
24
66
90
105
I 41
83
27
24
7
42
166
6
56
- 9
40
23
43
81
42
98
79
131
16
83
160
215
Greene Gananea
Gnlf States Steel. .
Ice Securities
Illinois Central . .
Industrial Alcohol..
In.Copper .......
Inter. Harvester . .
Int. Mer. Marine,
Kennecott Copper
Lackawanna Steel
Lehigh Valley , . .
Mex. Petroleum . .
Montana Power. .
Miami Copper..,.
Midvale Steel. . . ,
Mo. Pacific, c. . .
Natl Enamel
National Lead . . . .
Nevada Con.
New Haven . . . .
N. Y. Central . . .
Nor. A Western. .
Nor. Pacific . . , , .
Pacific Mail . . . .
Pan Amer. Pete, e
Penn. Railway.,,;
People's Gss . . , . .
Pierce Arrow . . , . .
Pierce Oil A
t: ..! i -
i-ressea steel uar, c
Pullman ........
Ray Cons. Copper. .
Ry. Steel Springs.
Reading, c. ......
Rep. Iron A S., c.
Rock Island, c
Shattuck Copper . .
Sloss Sheffield . . .
Southern Pacific ,
Southern By., e.
Studebaker. c . . .
St. L. & S. F.C ..-.
Swift & Co.
Tenn, Copper ', . . .
Texas Oil
Texas Pacific . . , .
Tobacco Pro. . . .. .
Union Pacific, . .
do pfd. ,
United Cigar Stores
l.mted Fruit
V. . Rubber, c. .
V. S. S. A Ref . .
U. S. Steel, e. , .
do pfd. . . ... ,
Utah Oopper , . . .
Va. . Chemical, e.-.
Wabaab
Wast. Electric . .
Ant . Intl. Corpn. .
Sinelair Oil . . . .
Money
42
86
41
59
50
95
182
68
130
56
36
78
48
172
70
27
60
27
74
77
19
31
72
98
87
88
103
42
45
62
20
6T
84
120
24
85
78
S3
23
15
-
3
24
108
17
121
13
250
49
101
123
198'
H178
127
65
102
116
85
81
62
7
52
5
2
39
52
83
51
119
67
35
75
84
78
38
128
96
103
286
112
24
67
91
105
42
27
24
68
'42
156
100
56
9
40
23
44
86
45 -
98
80
185
16
83
161
1219
42
834
42
69
62
1(5
133
60
132
66
37
79
48
175
72
27
50
28
-74
79
19
32
73
100
88
88
105
43
45
63
20
69
84
120
24
86
78
86
24
IT.
61
96
25
104
19
121
ia&
233
50
102 '
124
197
178
128
65
103
115
86
82
9
58
9
54
5
Low
2l4
86
50
80
48
118
64
29
72
80
74
36
127
94
102
229
105
21
65
88
Clo
2
37
52
82
49
117
55 '
32
.71
83
76
38
127
94
102
230
116
28
66
89
DOWN IN
MARKET; PORK
PRODUCTS ARE HIGH.
HOGS ARE
LOCAL
BARLEY CORNER IS.
i A POSSIBILITY IN
Difference Between the Live and
Finished Preduet Is Gr:iter Pub
lie Gets So Benefit Whatever From
the Reductions Made.
PORTLAND LIVESTOCK RUN
' Hogs. Cattle. Calves. Sheep.
190 283 20 860
808 103 ' 2 888
151 470
205 57 2 332
600 '200 . 850
358 222 11 611
362 52 9 173
478 810 ... 47
Friday
Week ago .
2 weeks sgo
4 weeks ago
Year ago . .
2 years ago
3 years ago
4 yean ago
Killers forced down the price ef hogs
again during the day'a trading at North
Portland, but not the slightest response
is made by them for any lowering of
packing house prices on this account.
The general public is by no means aided
by any decline that killers pay for live
hogs at this time, the packers alone be
ing benefited while the producer loses.
Hogs dropped 50c again in the Nartti
Portland yards for the day. The East
ern trade and especially Chicago was
nominally lower because of the strike in
the stockyards x and packing houses
there. ' .
While only a small run was shown la tha
hog alleys here fpr the day. bearish tactics
ef packing Tiouse interests was unabated, and
in general 60c was slashed off former values.
Top offered during the morning for hogs waa
not above $20, which means that for live hogs
Portland b one ef tha lowest markets la the
entire country, while for pork products it- te
one of tba highest.
. . .$19.750 20.00
... 19.25 s 19.50
. .. 18.25 018.50
. .. 18.00 20.00
. .. 19.50 20.00
Steady
trade was one of
General hog range :
Prime mixed ..........
Medium mixed
Rough heavies . ,
Pigs 7.
Bulk
Cattle Situation
Situation in the cattle
steadiness in the local yards for the day. For
Friday there waa a fair array of stock at North
Portland, but tops were generally absent and
extreme prices were - for that reason not given
any sort of test. On the basis of sales of
ordinary quality, values were steady. ,
General cattle range:
Oood to choice steers IJ-P Ji-5?
Fair to good steers
Common to fair steers
Common steers .....
Good to choice cows and heifers.
Medium to fair eowa and heifers
Canners
Bulls
Calves -
Mutton Holds Unchanged
Receipts were limited in the mutton and
lamb alleys at North Portland, following the
liberal showing of the previous day. In general,
there waa a steady tone indicated in values,
although little stock of really good Quality
made Ha appearance.
General sheep and lamb range:
Prime lambs 511 00 11.50
Fair tn medium lambs S "5 J
Yearling 7.00 9.50
wtuTen 6.00 7.50
Ewe. " ' - o. -
Thursday Afternoon Sales
COWS
S-00 010.50
7.00 7.60
6.00 7.00
8.0" f 8.50
5.00 6.00
3.60 5.00
3.00 7.60
9.00(g) 15.00
99 110$
41 42
82
25
23
1-65
38
153
92
54
9
38
22
43
81
42
96
72
126
15
78
160
213
'6
84
41
58
49
05
128
58
129
50
35
77
47
168
.70
26
48
26
72
76
13
30
71
98
84
38
99
48
42
60
20
67
81
114
23
84
74
83
22
15
60
92
23
100
17
118
13
245
43
97
119
i9' '
173
120
64
100
115
83K
79
9
50
95
50
5
Total sales, bonds, 814.780.000.
Total sales, bonds. 14,780,-600.
85
26
24
66
41
156
96
64
9
46
23
48
84
43
97
76
134
15
82
160
217
67
42
86
41
69
49
4
131
60
131
54
36
78
47
174
72
26
no
27
74
77
18
ai
72
98
88
38
104
43
5?
20
68
83
114
24
85
.77
85
23
u
95
24
17
120
13
252 -
46 .
100
122 :
70 '
190
178
125
65
102
136
85
81
19
52
98
51
15 -!
Liverpool 'Cotton Market
Liverpool, Aug. (L N. S. 1 There was
a good inquiry for spot cotton today. Prices
weak. 6ale 6000 bales. Futures opened
easier. -'-- t r S - .;.
Saa .Francisco Barley Market '
San Freaeieeo. Aug. 8. December barley
opened $316. sales; May. $3.2003.24.
No. Av. Wt. Price, 1 No. Av. Wt Price.
1.... 810 $ 4.50 1....1130 $ 7.25
ill.. 650. 6.50 1 1030 .M
1 770 6.50
STEERS v
g.,..1038 $ 8.25 I 1 1026 $ S.50
4 1072, 10.60 15 897 8.75
2;:: 1140 2 1 aso 925
905 925 1....1110 25
1 . . . :1220 0.25
BULLS
1... .1150 $ 5.75 I
CALVES v
1.... 130 $1500 , ... 210 $13.25
. HEIFERS
1.... 740 $ 7.50 I
HOGS
4.... 183 $20.25 3.... 300 $20.25
4 170 20.25 1.... 890 18.25
3.... 316 19.50 2.... 490 18.50
19. 181 20,50 8 208 20.50
15.... 238 19.00 41 216 20.60
5.... 174 20.50 1.... 480 18.50
1 350 18.50 4 260 20.26
195 20.50 6.... 196 20.50
7! 165 20.50 1 "290 20K0
1 290 19.60 3 180 2050
2 .. 270 20.60 3.... 216 20.50
2 193 20.50 2.... 160 20.50
2.... 225 20.50 4.... 260 20.50
3 166 20.60 3 210 20.50
9. 185 20.00 8.... 205 20.50
1 410 18.50 33.... 206 20.60
7.... 195 20.50 7.... 195 20.00
2 125 18.00 4 187 20.60
LAMBS
35. 84 $10.00 I 233.... 69 $12.00
3 76 11.50 6 , 70 9.00
5 44 8.25 25 74 11.50
40 62 10.00 227 69 12.00
293 71 6.00 24 66 11.50
50.... 61 8.25 5.... 48 8.25
20 80 12 00 4.... 87 11.60
1 . 7 7.50 ' 4 67 7.00
5 . 100 10.50 3 90 11.60
19 . 69 11.50 1 110 10.50
EWES
1.... 100 $ 7 00 I 6.... 181 t 7.00
1.... 160 7.00 I 44..... 104 8.00
7.... 78 11.50 i 8.... 181 7.00
1.... 90 7.00 I
WETHERS
1.... 130 $ 8.00 I . 1.... 150 $ 8.00
1 224 4.00
PACIFIC NORTHWEST
Cro pis Llxlremely Light and Below
Actual Requirements Sharp Pre
I miums Above Market Said to Be
; Offering in , the Interior.
NORTHWEST
GRAIN RECEIPTS
Cars-
IVrtland. Fri
Year ago . . .
Season to data
Year "ago . . .
Tacoma. Thu.
fe ago . . .
Season Co data
Year ago . , ,
Seattle, Thu,
Year aga , . .
Season to data
Year ago ...
15 4 8 5
47 3 X
401 56 98 81
444 43 126 76
" 'j '.I'.-
174 Ut ... 8
109 10 ... 24
8 5 3 4
10
00 41 60 40
169 13 188 54
Wheat. Barley. Flour. Oats. Hay.
ill
381
n
49
6
ii
124
Secret buying of barley is indicated In
reports coming from the interior to The
Journal. That ' someone is trying to
"corner"- the small available supply of
barley grown In the Northwest Is indi
cated by the reports of liberal premiums
over the established market beg of
fered and paid quietly In eome section.
Irrespective of what the general trend
of foodstuffs values is. the trade here
Is inclined to look for continued extreme
prices on coarse strains and especially
barley in the Pacific Northwest this
season. -
With known crops far less than actual home
requirements and with other feeds scarce and
high priced, barley growers are today the most
favored class ia the grain trade, '
While reports indicate that in isolated sec
tions limited premiums are still being laid for
immediate deliveries ef wheat, tide iter nulls
as a rule are refusing to pay anything above
the government basis.
FLOUR Selling price: Patent, 8 11.60 j whole
wheat flour. $10.50' 10.75 ; Willamette valley.
$11.35; local straight, $11.25 011.85: bakers'
local. $10.90 11.10; Montana spring wnaat
patent. $11.10: rve flour. $10.00: oat flour.
$11.00; graham, $10.15 010.60. Price for city
delivery in five barrel kits.
Hat Burin orlce. new cron: Willamette
timothy, fancy, $28.00; Eastern Oregon Wash
ington, fancy timothy. ( ); alfalfa, $30,00 0
32.25; valley vetch. $22.00; cheat, $18.60
straw, $8.00 9.00; clover, $20.00 021.00;
grain, $18.50.
GRAIN SACKS Normal r New crop, delivery.
No. 1 Calcutta. 19o in carlots; loss amount
higher.
MIT.LS TUFFS- Mixed run at mills, sacked.
$4000. . . ' .
ROLLED OATS Per . ton. $50.00 0 61.00.
ROLLED BARLEY Per ton. $59.00 0 62.00,
CORN Whole. S78.O0: cracked. $78.00 ton.
Pacific Coast crop report of the weather
hnreau:
Arizona Moderate to heavy precipitation in
the extreme west, some damage to' cut alfalfa,
UtahGrain crops fair to good and being
Harvested generally; winter grains Being inresnra.
Silo com mostly good and improving, making
little gain. Second crop alcana Doing narvesieo,
crop light.
' Nevada Colder weather benefited spring
wheat, barley and oats, which are maturing well.
Harvesting second crop alfalfa well advanced 1
good yields in -western portion and poor to fair
in nortnern and eastern. Large uiira crop ai
falfa stacked in extreme south.
Idaho Alfalfa, wheat and oats being bar,
vested in fine condition. Wheat yields variable,
ranging rrom practical failure to excellent.
Washington Harvesting progressing favor
ably and mora than half complete in Walla
Walla district. Spring wheat and oats short in
eastern counties; yield poor. Rains beneficial
to conk Oats beginning to ripen fair to fine.
Wheat cutting in progress.
California Corn excellent, ' though growth
rather alow. Haying nearly finished except lata
cuttings of alialta; crop good.
, Merchanta exchange bids:
FEED OATS
Ne. 3 white . .
Standard feed
No. 3 blue . .
BARLEY
CORN
No. 3 vellow .
Eastern oat and corn in bulk:
' OATS
White No. S
White 38 pound clipped
-CORN
No. 3 yellow
. BARLEY
No. 2 .;..?
AMERICAN LIVESTOCK PRICES
A ur. Sent,
6500 5550
6550 6350
6550 6660
7300 7300
6150 5150
5400 5450
7300 7300
63.00 6300
PRICES
Friday M or nine, galas
STEERS
2 880 8.O0 I 2.... 765
COWS
1 840 7.00 I 6.... 800
CALVES
15. . . . 180 14.50 I 2 315
4 220 14.00 I 4. . . . 220
266 310 11.50 I
HEIFERS
101. . .. 914 8.55 I
BULLS
113 ll80 5.50 2 1145
HOGS
3.... 230 20.00 1.... 120
28.... 200 20.00 13.... 212
i:... 200 20.00 5.... 280
LAMBS
37.... 82 11.50 I 6 106
24.... 78 11.50 j 12... 70
-8 68 11.60 I '
EWES
16 119 7.75 j 8...
3,... 100 7.00 J
YEARLINGS
4 100 8.60 I
WETHERS
1 150 $ 7.00 I
DAIRY PRODUCE OF THE COAST
7.01
7.50-t
11.00
12.00
6.00
18.00
19.00
20.00
10.50
10.00
70 6.00
San Francisco Market . ,
San Francisco, Aug. 8. (U. P.)- Butter
Extras, 55c; prime firsts, 64 c; firsts. 64c.
Eggs Extras. 60c; firsts, 66 c; , extra
pullets. 66c
Oeese California flats, fancy, 36c; firsts.
32c
Seattle Market
. a I rT n ... Tl ..... . 1
far Oflsius, aui. o ,--vsiuiuwi
Eggs Strictly' fresh, 62c; pullets. 64 56c
Cheese Washington and Oregon triplets. 35c
Mlaaeapolis-Dulath Flax
Minneapolis, Aug.. 8. (L N. 8.) Flaxseed,
$6.010 6.03. .
Duiuxa. Aug. 8. r ( L N. 8.) Flan Sep
tember, $6.01: October. $5.81: November,
$6.75; December, $5.64; May, $5.71. '
. Seed Mea to Meet
, Spokane, Aug. 8. Seed aaalysta and seed Job
bers from Montana, Idaho;. Oregon and Washing
ton will hold their first annual convention here
August 29 and $0. Their purpose will be to
aeek uniform seed legislation and to try fox
better interstate rulings. . ,. .
V ' .-' V'. -a . . --'i.'r-
v . jfaval Stores Market
New York, Aug. 8.--L N. S.J Turpentine
Savannah; $1.71; New York, $1.80, nomi
nal. .
Rosin Savannah, $16.50; New York, $18.75.
Chicago Hoes $22.50
"Chicago. Aug. 8. fl. N. S.) Receipts
9000. Steady to unevenly lower. But few
bids or galea because of packing-house striks and
railway situation. Top, $22.60. Trade advises
ausTiension of all livestock loading for Chicago
unru rurtner notice. Prieea not quoted.
Cattle Receipts 6500. glow, steady tr un
even, lower. ' Beef steers, choice - and prime,
$17.40019.25; medium and good. $13.00
17.40; good and choice. $14.25018.25; com
mon and medium. $9.73 014.25; butcher cat
tie, heifers, $7.40 015.00; cows. $7.25
14.50; bulls. $8.60 12.50; canners and cut
ters, cows and heifers. $6.00 0 7.25; canner
steers, $6.40 09.50; veal calves, light and
lisndy weight. $18.50 019.50; feeder steers,
$8.00013.50; stoclrer steers. $7.0011.00;
stneker cows and heifers, $7.00 0 9.00; stocker
calves, $8.00011.00; Western range cattle,
beef steera, $11.00 16.50; cows and heifers.
$8 7518.25. 7
Sheep Receipts 12,000." -. Practically no
trading; few early sales. Slow, ateady. Lambs,
84 lbs. down, $1 3.75 17.25 : lambs, eulli and
eemmon. $9.00 013.25; yearling wethers, $9.T5
012.60; ewes. $7.25 09.00;. ewes, culls and
common, $2.75 06.75: breeding ewes, $8,500
14.75; feeder lambs, $12.00 014.50.
Kansas City Heat $S2
Kansas City. Mo., Aug. 8. (L N. S.)
Cattle 1800, steady to higher. Steers, $110
18. SO; cows and heifers. $9.eo 0 12.25 ; stockers
and feeders, $8 014; calves. $8 015.
Hogs Receipts- 2200. steady to strong. Top,
$22.00; bulk. $21.40 0 $22.O0: beaviea. $21.50
22.00; mediums, $21.40 022.00; light.
$21.25022.00: pig. $18020.50.
SheepReceipts 2000, slow and stesdy.
Lambs, $15.00 016.50; awes, $8 08.00.
Denver Hog $21.00
Denver, Aug. 8. (TJ. P. Cattle Receipt,
200; steady. Steers. $1.0 0 10.40;; cows and
heifers.. $7.50 10; stockers and feeders, blank;
calvee. $12.00 015.00.'
Hogs Receipts 125; 26c higher; top $21;
bulk, $20.75. -
Sheep Receipt. 1500;. steady: lambs.
$14.75016.00; ewes, $808.25; feeder lambs,
$12.75 0 13.50. . .
Omaha Hag $21.28
Omaha, Aug. 8. (I If. S.) Hogs Receipts
2500. Mostly 15025c higher. Bulk. $20,40 0
$0.80; top, $21.25; hesvv weight. $20,500
21.80; medium weight, $20.75 021.25; light
weight. $20.75 21.00; heavy parkins sow,
smooth, $20.40 020.60; packing sows, rough,
$20.00 0 20.40; pigs. $18 00 0 20.00.
Cattle Receipts 800. trood and choice eon
fed " 25c ' higher, others steady. Beef steers,
choice and prime. $16.25 018.25: medium and
good. $18.25 018.50; batcher cattle, heifers,
$8.25 013.25; cows. $7.50 012.75; canners
and cutters, cows and 'Beifera, $5.750 7.50;
veal calves, light and handy weight, $12.00;
stocker steers, $13.50; stocker cows and heifer-.
$10 00 014.00: stocker calves, $7.50
11.00; Western range cattle, beef steers, $7.50
010.00; cows and heifers, $9.25 016.25.
Sheep Receipts 19,000. Lambs 1 0 0 1 Re
higher. Sheer and feeders, $14.75016.83,
firm: lambs, cull and common, $10.00 018.50;
yearling wethers. $10.00011.75; ewes, $7.00
0 6.75: ewes, culls and common, $8.60 0 7.00;
breeding ewes. $8.00 018.60; feeder lambs.
$12.00 014.75.
i v No Market foe Hogs
Seattle. Aug. 8. (L N. 8.) Hogs Nona
Cattle No market
Sheep Receipts, 246; steady. Spring lambs,
prime. 814.00 015.00; fair to medium. $13.00
014.00; yearling. $10.00 011.00; wether,
$9.00 010.00; ewes, $6.00 09.60.
POTATOES A LI) AXONG
E COAST
San .Franeltee Market "
Pan Francisco, Aug. 8. (V. P.) Potatoes
Old icehouse, $1.60 0 1.73, including Oregon,
Washington and Shimes; new erop Garnet, $2.25
0 2.50: River. White. $2.26 0 2.75; sweet.
B 0 6e per lb. for Imperial valley; and 7 0 he
foe Merced. . .
- Onions Yellow. $2.25 0 2.60 per cental on
street;. River White. $2.2502.50; An.
!r.n ,Bron. S2.25 0 2.50; green onions,
$1,25 01.50 pet bos.
Seattle Market
Seattle. Aug. 8. (L N. 8.) Onions Walla
Walla, 8 8 e per lb. y
Potatoes Yakima Gem. $4.00 0 42.00 per
ton; local Rose. 2 So r. lb. ; : White. S a,
Consumers to .
Get Tips Here
On the Market
Crabapsie tiao mi rr!vt. It
comas every year Jast about this
period, bat there are few ceitimrrt
who are willing to admit of Its pre,
ears until the season la about to
close. -- ; ' '
ETtry season ef late the average
cogsamer stems te have mads the
same mistake ef waiting too long; te
seenre his erabapple asppltes. Taty
are Jast bow arririag la fairly feed
supply and tha quality Is favorable,
with Indication ef the present price
being the most favorable for tha
ronsamer." They are generally su
las; te the retailer at $ per box that
contains about 4$ poud Df frglt.
' Three ditlBf t arletlet of tk
apples are offered. The chief la re
gard te quality and demand is the
Siberian. . It Is considered the best
Jelly maker aad Is of very small sire.
, Thee "there Is the Traaseeadeat,
wh4eh la ef lighter eelor thaa the
Siberian, bat not quite se good a
keeper la the fresh tate. Very good
Jelly era. - ;vf -
Traaspareat crabapplcs are ef
somewhat larger sle taaa the ether
two meatleaed. "MThey are sweater
and scarcely as good for Jelly lag.
Most of three are used for 'pickling.
v
r '
2
82
46
15
60
-24
75
440
18
54
8
20
5
70
7 .
1
34
J .
BQST0X COPPER MARKET
Furnished by Overbeck A Cooks Co., Board
ef Trade building: Closing
Bid. ask.
Adventure 1
Ah meek . 80
Allouea , 44
Arizona ................... 14
Butte Bel 65
Butte & Superior ......... - 24
Caluuie ac Ariz. ........... 74
(alumet & Uecla
Centenuial
Copper Range .. .
Ialy West
East Butte
Franklin ........
Granby
Hancock ......
Indiana ........
Ile Royals . . . .
Keweenaw . . . .
Ike
La Salle
Mason VaL . . . .
Mass. Con. , . . .
Mayflower
Michigan ......
Mohawk
Nipisoing
North Butte . . .
OJibway
Old Dom.
Osceola ... s . . .
Pond Creek . . .
Quiney
Shannon ......
Shattuck
South Lake
Superior
Sup. tc Boston .
Trinity
U. S. Smelting
Utah Cons.
Victoria
Winona
Wolverine
CURB LIST
. , , .
430
- 17
64
2
19
5
67
6
1
S3
1
46H
3
It
8
73
10
13
2
45
58
18
78
8
16
2
7
4
1
63
10- 10
3 3
4 '
S
10
8
75
10
16
- 3 .
46
59
19
T4
3
18
3
7
4
2
66
2
25
2
2
Canada
Cons. C. M.
Davis Daly
T; Belmont . . .
Bos. Ely
Fir t National
Wright Martin
6
9
S
1
2
4
1
6
9
8
1
2
6
TO PROSECUTE THE
PROFITEERS IN OREGON
(Continued From Pag One)
tracted for. or arranged for by any1
manufacturer, wholesaler, retailer
.or other dealer in quantities in ex
cess of the reasonable requirements
of his business tor use or sale by
him for a reasonable time, or reason-.
ably required to furnish necessaries
produced in surplus quantities sea
sonably throughout the period of
scant or no production, or withheld,
whether by possession) or undor con
"tract or arrangement, from the mar
ket by any person for the "purpose of
unreasonably increasing or dimin
ishing the price.
"What the 'reasonable requirements
of a business are, what a "reasonable
time' ts, as referred to In Ufe act, are
questions of fact which a Jury can de
termine. "Withholding from the market for
the purpose of unreasonably increas
ing or diminishing the price of a product
ia certainly a. violation of the act.
' "In addition to the above act, I call
attention to the so-called 'Sherman act,
which denounces every contract or com
bination or conspiracy In restraint of
trade or commerce between the states or
with foreign nations, and which make
it unlawful to monopolise or attempt to
monopolize or combine or conspire with
another person to monopolise trade or
commerce among the several states.
"Profiteers and hoarders. If prose
cuted at all in the federal courts, must
be prosecuted under ne or the ether of
the acts mentioned.
- "The excessive cost of living, In con
nection with the approach of winter,
makes it imperative v that nothing be
overlooked in an attempt to reduce the
cost of foodstuffs. It is the Intention of
the department of Justice to prosecute
any Individual, firm, - or corporation,
deemed to be ruilty of a violation of
either of the acts mentioned.
"The public is vitally Interested in this
question, and I invite' reports from any
person indicating a violation of either
of the acts mentioned, I cannot prom
ise i a prosecution in every case sub
mitted, but I do promise a thorough
investigation of any charge made. The
department of Justice will use every
legal means available to put an end to
the activity of those unlawfully engaged
in maintaining the excessive prices now
prevailing with reference to foodstuffs.
Death of Bradley Is
Held to Be Accident
- ; . t . '
jAoseburg, Aug. 8. A' coroner's Jury
held the death of A. D. Bradley, who
was shot through the head while hunt
ing Tuesday, was accidental. It Is be
lieved he slipped while attempting to
climb a bank or while reloading his rifle,
lie came to Albany 20 years ago with
$20 and Is estimated to have left an
estate of about $50,000. making his
money in the second hand, real estate
and automobile businesses. He Is -survived
by his mother, Mrs. Anna Meyers
of Hubbard. ,
President to Give '
Senate Information;
His Reply Is . Ready
Washington, Aug. - $-(TT. PJ Presi
dent Wilson has prepared a reply to
the Lodge resolution requesting infor
mation on peace negotiations and will
send It to- the senate probably . tomor
row, it was learned at the White House
today. - ' "
, He will supply the senate -with some
of the information requested, "which is
all that he has," it was said. , ,
Flour Prices Will
Be Reduced for the
Consumers in TJ. S,
Jgw Tork. Aug. tV-etl?. P. Julius H.
Barnes, government wheat director, an
nounced today that the United-States
grain corporation will sell flour through
the usual channels at a rate permitting
the public to obtain it for $1? to $12.25
a barrel. - - , ,s . -..--- -
m The flour will be delivered to whole
salers ' east of the Mississippi on the
basis of $10.25 a barrel, and west of the
Mississippi, exclusive of Pacific coast
territory, for $10. Wholesalers wilt be
required to guarantee not to charge more
than 75gb?nt8 barret additional, and re
tailers fiot more than $1.75.
Rush of Selling Orders Forces
. Down . Standards Several B
Points on N. Y.Exchange.
New York, Aug. 8. (I. H.1 S.)
Prices on the stock market broke
violently at noon today, but the
movement, was followed by a re
covery. -
Many issues -felt below the level es
tabllaned on Thursday. f
TJ, S. steal common fell to 100 1-4 but
later waa carried upward' to J02 on a
rebuying wave, , " . . . , .
Baldwin locomotive yielding '5 points,
dropping to $9 7-$.
There were" lossaa of .from 3 to 7
points in moat of the stocks in which
there waa any active trading,
Large blocks "ot railway stocks were
thrown on . the market. Union Pacirio
slumped 5 - point to' 113 Beading
sold down $ points to 75,' This was the
lowest these standard railway shares
had gold in a long; time. ,
The trading was accompanied by ex
citing scenes on the floor ef the ex
change. - vi
McKenzie King Is
Leader of Liberals
Ottawa, OnU Aug. (U. P.) V, I
MacKenzle King Is the new Liberal
leader of Canada. He was elected over
W. S. Fielding at the national conven
tion "of that party late yesterday, 47$
to 438. - King was an . ardent supporter
of the late Sir Wilfred Lauriar. . whom
he succeeds.
. Ferdinand in Budapest
Paris. Aug. $. (U. P.) King Ferdi
nand of Roumanla has entered Buda
pest, a dispatch from that city today
stated. The king's arrival, scheduled for
yesieraey, waa postponed, it 'was
learned, upon the discovery of a plot
against nts lire.
Denver Shopmen Defiant
Denver, Aug, $. (L N. a At noon
today 3825 men quit work in the railroad
ahope in response to the strike call, and
in the face of an ultimatum from Presi
dent Wilson that the government woull
net deal .with the railroad shopmen un
til tnose now on strike return to work
, Onti License ' Issued
Oregon City, Aug. 8. A marriage li
cense was issuea xnursday to - Anna K,
Gadert. 1$. and David F. Schetff, 21,
both of Oregon, City, route Z.
COLUMBIA HIGHWAY1
DELIGHT TO VISITORS
- t Continued From Page -Seventeen) '
Moreover, some of t the railroads had
been guilty of practices which brought
them under condemnation, or severe
criticism, which resulted in establishing
a general policy by the regulation powers
almost wholly repressive. Instead of con
structive.' These conditions resulted in
rates too low to enable the roads to
maintain their credit or keep pace with
the demands made upon them and com
plete breakdown confronted them when
they were taken ever by .the govern
msnt. ' -,. , -' . v - -MOBE
BEYEirrjE JTEEBEb' :
"New eondltiona must now be es
tabJfshed which wilt, result in coopera
tion and constructive regulation so as
to reestablish the credit of the railroads
and furnish them with adequate reve
nues. The basis of such a condition con
sists of three principal elements :
"L Federal " incorporation ; . '
2. Strong combinations;
"3. Definite assurances of adequate
revenue.- , ,
"Federal Incorpbratlon is essential in
order to "cpnff jurladiction i.i t fed
eral government, .to control, not only the
activities but the corporate functions cf
interstate carriers.
"Strong combinations ars necessary in
order to modify the great "contract ef
"earning . capacity . between the etrpn
and the weak roada
"It is believed that the interstate com
merce commission will have all they can
do to perform the duties now imposed
upon It. enlarged aa they will - be by
requiring it to fix all rates In any man
ner affecting interstate commerce, i ntss
dutlea are mostly judicial, and It is
deemed necessary- te vest the adminis
trative functions, contemplated In the
plan. In. a separate board, as above tnen
tioned. ; . - '. : ' '
DIVORCED PROM POLITICS
"Thia board ahall also determine and
regulate the issuance of railroad secur
ities and supervise the formation of the
large combinations contemplated. It ts
to be composed of men of large caliber,
appointed by the president, and to be
as far as poBlblexdlvorced from poli
tics." A plea that the business men ef the
United States "take stock of themselves"
and recognise clearly their responsibility
to the country and government In ita
present day problema. waa voiced by
Frederick J. KOester ot San Francisco,
a director of the United States chamber.
- Koster urged that the business men
Should not be forgetful' of what caused
them, during the period of the war, to
willingly sacrifice their own lire when
necessary, but to remember that they
were always "an Integral part ot a
great nation and should develop section
ally aa a contribution to the development
of the whole." He declared It essen
tial that the praotloal leaders of Industry
and commerce unite the business forces
Of the nation and oontlnue actively their
work of. nationalising buslneBs for the
good of both government and country.
BEADY FOB SACRIFICE
We 'have Just passed through the
period," he said, . "where in defense of
our nation and the maintenance of the
ideala upon which it is founded, we
were willing to sacrifice our own life
and the Uvea of these dearest to us. Let
ua get the full importance or tnis ana
get a thorough understanding If we can
ot what that really is for which we
were prepared and for which many did
make the supreme sacrifice.
"In order to' win the victory tn de
fense of our rights. It required the beat
utilisation of every national resource
and to accomplish that end brought Into
the highest activity the business men of
the nation. It proved perhaps aa never
before that the real leadership in the
practical affairs of the nation consisted
ef the men ef business. Today, we ot
the Pactfio ooast are having conferred
upon ua the benefit of the visit from the
directors of the Chamber of Commerce
ef the United States, that organisation
which ta uniting on a national scale the
forcea of business throughout all sec
tions of our country."
PRESS AGENT FORMERLY
WITH STARS AND STRIPES
' a - T. Early, accompanying the party
of United States Chamber of Commerce
officials who were in Portland Thurs-
oay, ia going DB:k to mo ssrvice vi ins
Associated Prea? as soon aa the present
lour end. He is, incidentally, one of
the busiest men in the party, being its
official press agent.
Early was a Washington correspond
ent for the A. p. when war was de
clared. Shortly thereafter he was en
route overseas as a member of an army
machine gun unit As an officer In the
army he was assigned to duty with Stars
and Stripes, the official A. hi. F. publica
tion, and when the war closed he was as
sistant officer in charge.
. With BUrs and Stripes Early met a
number of Oregon newspaper men and
others, who were identified with the
publication. He showed . special interest
in . the personal welfare of Kex Lamp
man, formerly of The Journal-, and of
Seth Bailey, who worked on aeveral
country newspapers In the atate before
he went to war and achieved distinction
with his "Henry" letters in the stars and
Stripes.
HAPPY DAYS IN PORTLAND
k RECALLED BY FERGUSON
' Introduced "to Portland In 18$$ aa a
little known officer of the United Statea
navy, and with his young bride a resi
dent ef this city until 189$.- Homer L.
Ferguson returned on Thursday aa pres
ident of the United States Chamber of
Commerce and'president of the Newport
News Dry Dock and Shipbuilding com
pany, one ot the largest concerns of its
kind in the nation, to renew acquaint
ances and to tell the stories of the happy
years he spent In Portland.
"It was Here that I Built my first ship,"
Ferguson told President Harry L. Cor
bett of the Portland Chamber of Com
merce yesterday. "I was only 23 years
old then, but had faith enough In the
business to combine muscular powers
with "Jimmy Montague," (former Port
land newspaper man; now with the
Hearst papers aa a, popular versifier) in
building a tiny pleasure craft from your
Port Orford cedar.
"Our maiden voyage was a delight and
a howling success until we hove close
to the Morrison street, bridge. . There
our pride swerved into one of -the steel
eased pillars under the bridge and Jim
mie and X found ourselves gurgling In the
water. ; The ship was a total wf eck."
Since that, happy day Ferguson has
kept his dream , of shipbuilding bright
and is a recognised leader in that pe
dal endeavor, being actively at the head
of one of the nation's important build
ing coocerna 11
$347,704.00
Klamath County 9 Oregon
5 ROAD BONDS
DENOMINATION $1000.00.
(Except one fraetloaal Boas of $3t$ aad eae $201.)
Datedt July 1, 1I. Due Serially i Jaly 1, lt$ to $S.
; This issue of Bonds Is a direct and general obligation of
Klamath County, and constitutes the only bonded debt outstand
ing against taxable property, the assessed value of which is over
$17,000,000.00, , - - ..
Klamath County has an area of approximately 6000 square
miles, most of which offers unlimited Commercial and agricul
tural opportunltlea We recommend these Bonds as most desir
able and safe investments. ' A
PRICE: TO NET
BONDS
LIBERTY AND VICTORY
. If VOU MUST StLt, TOUR LISEIrTY Of VICTOrty.BOmOS, ggLL TO US
if vou caw auv Morrg liberty or victory bonds, buy from us
Today opening Hew York asarket prices are as given below. They are tha governing
prices for Liberty sad Victory bonds sll ever tba world, and tha highest. We adver
tise these prioea daily la order that you may slwsy know tea Mew Xetrk market aad
the exsefl value of your Liberty aad Victory bonds:
. .- - 1st 2nd 1st 2nd 8rd 4th Victory sictory
- 8 4a - 4 e 4 4 4 8 4
Market price. 99.76 94.16 93.20 94.20 93.18 94.96 98.46 99 90 99.86
Aecraedi interest... .62 .59 .63 , .98 1.S9 1.88 .81 1.08
Total...... -.100.28 94.75 94.12 94'.93 94. 16 96.65 94.79 100.T1 100.89
When awrtsg w deduct 87a oa a $50 bond aad 83.60 oa a 81000 bond.
- - W seD at the Mew York market plus tha accrued Interest,
uralaa end Flrepreef Safe Pesast Boies far Ram.
MORRIS BROTHERS, INC.
i TH PREMIgR MUNICIPAL BOMB MOUSK
Morris SutMIng, S09-311 Start St., Bat. Bth and 8th.
Tstephane Broadway S1. Established ever gg ysart