The Oregon daily journal. (Portland, Or.) 1902-1972, October 09, 1919, Page 22, Image 22

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    THD OREGON DAILY JOURNAL,- PORT LAND, . THURSDAY. OCTOBER - 9, 1919.
CTr "
HITS CONFERENCE
.Reticence' of . First Day Has Dis
1 appeared arid Much Treatment
, Proposed, for . Economic , Ills.
il, SPARGO BECOMES FIERY
i Gompers Injects Steel Strike by
I' ; Suggesting That It Be Ad
; Justed by Arbitration cf Group.
By George R. Holme
J Washington, Oct. (I. N. S.)
The" floodgates of reticence which
S have retarded the work of .President
Wilson's Industrial conference
i opened up with a ruBh today and a
' veritable torrent of words and plane
J jcamt forth for the settlement of the
nation's economic and industrial ills.
'" The: labor group, headed by Samuel
' C.orupers, carried out the threat to Irv-
Ject the J national "teel strike Into the
"t conference proceedings by the Introduc-
tlon of . a resolution providing far the
ettrement of the strike by a committee
' vt si pereone selected from the present
t ronference two each from the groups
. representing labor.-capital and the pub-
i i: In i the . interim the strikers will re
turn, to work. ,
1 r. Under the rules the resolution went to
. the general committee of, 15 without
debate on 'the. floor of the conference.
X the 370,000 steel workers said to.be on
1 strike would accept the truce proposed
V In' the resolution by ithe industrial con-
ference, aT(d "would return to work pend
i lug ths findings of Che committee,. Mlch-
act F..Tigher president 6f the Amalgam
) sled Association of IrdV Steel and Tin
' workers, and representative of the
I labor ' group at the conference, said
todayr r? v:"' ' "
f The heads of the "Big Four" railroad
Mabor brotherhoods declared today that
they 'are preparing' now a resolution to
-bring the; Plumb plan up for the consid
eration the. conference.
? LABOR 7CttEE5T8
I jibor 1bo . presented a
number of
nrnrwuritinna" to h considered by the
conference, containing all of labor's
1 traditional "platforms and demands.
These likewise went to the committee
' 0f 1ft.
, Serious dissension . broke out on, the
f conference floor when Secretary , Lane
announced he would entertain a motion
to adjourn so that the committee might
tret "to -work' on the numerous resolu-
, tions. .
J.V The ; so-called capital, or employers'
group, did not submit any plans, a fact
1 which drew from Samuel Gompers the
. statement that the employers were "wi
1 ready." . .
j J)I8SE58rO!T CEOP8 OCT
J -' Serious dissension and criticism- of the
J manner In which the business of the con-
ference la being run broke out on the
I floor shortly after. It was participated
'"in by" John Spargo. the fiery little So
' clallst i President Charles W. Eliot, of
I Harvard, and others. Spargo attacked
the. centralization of power in the com
t mlttee: of 15. He demanded sub-com-
mil tees to handle the various problems
' and declared the conference must dls-
integrate if the present plans continue,
t ' President Eliot expressed strong dls
I approval of the w;hole "group system"
under which the conference is proceed-
ing.
Speaking before President Wilson's
I industrial conference, of which he was
elected ' permanent chairman, 'Secretary'
1 of the' Interior Franklin K. Lane de-
dared "that capital, labor and the pub-
i
He have come to Washington to draft a
i 'declaration of dependence, not a declar-
J atlon of Independence."
- f I look upon this , conference as the
j greatest extra-legal assemblage ever got
I together ' in this country. , '
j FAILIBE DI8COUNTE3TAITCED .
J . "There are some who have doubted
j its success. Gentlemen, it can not fail.
J The spirit of this conference is its need.
"We. shall draft here, gentlemen, a
J declaration of dependence, not a dec-
luratlon of Independence," he continued.
1 1 . 1 ' 1
:
I A . - 1
In the Grip of
m
A Man's Hand
You Find Strength or Weakness.
What Does
Have you the
a man whose blood is nch in iron
the kind
and wins
!: XbV
I l 4ti ': X ' ren oda ncl watch its strength-
"We shall prove here that men do live
In each other's breasts. ? This conference
will stand, because , it meets, n'ot' Ja a
spirit of arrogance,- but- in the spirit of
humility.' '. ' . , 'j s'
. "Do you know of any 'way in which
eapltal and labor can be brought togeth
er , to work and live In"" harmony T Is
there any Industry any place where such
conditions prevail? You gentlemen rep
resent millions of dollars. You-represent
millions of men. Do you know
where harmonious conditions I prevail,
and how these conditions can be brought
to prevail over all this country? This,
gentlemen, is the purpose of this confer
ence, as I see it. " . y ' ' r -PEOPLE
OSLY OYERLORDSj
TThere Is but" one overlord fin this
country. It is neither capital nor labor.
It is the people of the United States.
"This conference is one of construc
tion. It is the first forward step taken
in the United States toward the estab
lishment of a council of national prog
ress" instead of a council of national de
fense. - ' ' ."-' ! :
- "I believe I know the enemies we. nave
to meet. I have been reading the
memoirs of Ludendorff-and VonTir
pita. And I have come to the conclu
sion that the two things which brought
about this war were ignorance and ar
rogance. Now we are to find a way by
which the forces then let loose Ignor
ance and Arrogance shall not have
their way in this country in any mat
ter, political, industrial or social.
PROPOSALS BY LABOB
Proposals of the labor group, of which
Gompers is head, included resolutions
putting the conference on record for:
Right to organize and bargain col
lectively, and "to bo represented by
leaders of their own diooaing" in all
negotiations. .
IUghts of "freedom o speech, of the
press and of assemblage." ' ;
Right of employers to organise into
associations, or .groups to bargain col
lectively. ' .
The eight-hour aay. one aay m i
in seven and "Saturday half holiday to
be encouraged."
Overtime beyond the established hours
of labor should be discouraged, but when
absolutely necessary should be paid for
at a rate not less than time and one
half. ! ,
EQUAL PAY FOB WOMEN i
Women to get equal pay with; men for,
equal work and not to be permitted to
perform tasks disproportionate, to their
strength.
Children under 16 not to be employed.
Establishment of a new conference
board, consisting of an equal number of
representatives of employers and work
ers, to review industrial conditions and
safeguard rights and principals! of both
sides. ! y
Prohibition of all immigration; for two
years after peace is ratified, and regu
lation thereafter to keep down ithe flow
n tt shall not "exceed the i nation's
ability to assimilate and Americanise"
newcomers.
All labor proposals represent the
unanimous judgment of the labor group
which includes representatives of the
four blsr railroad brotherhoods, Gompers
emphasized.
M'NAB PROPOSES ARBITRATION
Delegate McNab of the public group
presented a resolution assented to by
that errouo. providing for it national ar
bltration board. The board Would be
appointed jointly by congress j and the
nresldent and would Include j all ex-
presidents, j
A. A. Landtfn, alsp one of the repre
sentatives of the public, presented a pro
posal for a national labor truce to last
three months.. The truce would imme
diately terminate all strikes and lock
outs.
A plan of labor adjustment prepared
by Secretary of Labor Wilson jwas also
presented. Wilson's plan provides for
an arbitration board In each Industry.
Labor, the employers and the president
would each appoint one third of the
members. All ,the board's ideclsions
touching wages would be by unanimous
vote and "morally binding" ort employ
ers and employes. Decisions of the
board would be retroactive.
RIGHT TO ORGANIZE
Another resolution proposed by the
public group provides that employers
shall recognize the right to organize.
Reduction in living costs should be the
first step In any attempt to better Indus
trial conditions, according to a resolution
fathered by Charles E. Russell, Social
ist of the public group. i '
A report by Chairman Wheeler of the
employers' group that the group would
not be ready to present any proposals
before tomorrow led to a protest by
Gompers. who said the committee of 15
could not act Intelligently and could not
1 i 1 . .....11 L . At.. I 3
even dckui wura uiti.ii rt itau me views
of the three groups before It.- Spargo,
for the public, supported this view.
Your Grip Show? j
firm, forceful power of
that' inspires confidence
success or have you the
feeble, hesitating clasp of a weak
ling, whose blood needs iron?
Nuxated Iron builds strong,
keen, red-blooded men and
women.
' . i'
- If you are not strong or well, you owe
t to yourself to start taking Nuxated
!rcn today and watch its strength
giving, upbuilding
effect ' In two
weeks, time see for
yourself what efert
; of a change has
: taken place in
they grip! of
your hand and
amount of '
of ttrengthx
and endur
ance you
possess.
INDUSTRIALS ARE
BOOSTED WILDLY
IN WALL STREET
Long List "of Stocks . Suddenly
Rise to New High Records?
Rich Can't Sejl to Advantage.
PRESIDENT'S RECOVERY AIDS
United States Steel Leads the
Upward' Movement; Failure of
Strikes Encourages Investors.
By Broadan Wall.
New York, Oct. 9. Stocks went
boiling to new high records rA Wall
street Wednesday.. So strong was
the market that they held very large
net gains after the wild advance.
The upward movement was partici
pated In by practically the entire list
of Industrials. The railroads were
neglected. Several alleged reasons
were given for the advance y In
stocks, but the real one was that
rich men cannot sell on account of
the Income tax nnd there Is such a
small supply of securities afloat that
pools can do about what they please.
Improvement of the presidents heaitn
was talked of as an argument for higher
prices! So was the failure of the steel
strike here and of the rail strike in
England. There was some rejoicing over
the crop report, which proved a boun
tiful harvest had been gathered. But
that had been expected and really was
nnt new. Money was run up to per
cent for a few loans, but that created
Lno diversion, for everybody knows there
is an ahundance of money.
TTnitd states Steel was naturally the
leader of the market aqd when it ad
vanoMi more than three points and
touched 110. the street abandoned all
caution in buying stocks. This advance
in steel was made in tne lace oi open
selling by brokers supposed to be work
ing for insiders. Judge Gary's estimate
of the book value of United States Steel
has made a great impression on ins in
vestment .world. Resumption of the gov.
ernment suits against the steel trust
along with other trust cases is more
bullish than bearish.
Studebaker surprised the bears with
an advance of more than six points to
a high record for the movement
For the advance in Kelly Springfield.
WaIIv Ktnne Tire. General Motors, United
States Rubber and Stuts there is the
same.old explanation that the auto in
dustry is entering a boom,
Baldwin was again in the limelight
Th nool moved it ud with extreme ease
and is already talking of a new high
record soon to be established.
Tobacco stocks were quiet most of the
day, but activity of retail stores in the
last hour showed that they were merely
resting. Strength of the various chain
stores stocks persisted.
PARTY RUPTURE
CHANGES IN TREATY
BRINGS SENATE HALT
Scant Hope for Getting Vote on
Shantung Clause Until Next
Week, Held by Leaders.
Washington, Oct 9. (I. N. a) With
both Republican and Democratic sena
tors split on the question of amending
the German peace treaty textually. Sen
ator Lodge, the majority leader, and
Senator Hitchcock, the minority leader,
agreed today that there was scant pros
pect of the senate voting on the pending
Shantung amendment until next week
was well advanced.
Despite the Impending delay. Senator
Penrose, Republican of Pennsylvania,
clung to his prediction that the treaty
would be disposed of "one way or the
other" by November 1. Senator Watson.
Republican of Indiana, who took the
same view on Saturday, was, however, of
the opinion that November 11, the an
niversary of the signing of the armis
tice, would be nearer the mark. Other
senators on the Republican side stated
they would be surprised if final action
were secured by the middle of next
month.
Debate on the Shantung amendment.
which would restore to China the Chinese
province Japan seised from Germany
during the war, was to be resumed today
with unmistakeable indications that it
would continue during the rest of the
week, and probably into next week.
No Wedding Bells
For J. Grababick; 1
Police Hare Him
There will be no wedding this week
! for John Grababick. At least there won t
be unless someone cornea to his rescue
with-a J1000 bond.
Grababick was arrested Wednesday
Afternoon with Theodore Schallberger at
Sylvan. Or. Federal officers say that
mash was found in the house where they
Uved. , i
Grababick disclaims all knowledge of
the mash and several bottles of raisin
wine found in the house. - Schallberger
rented the home to him and he was go
ing to live there with his bride after
their marriage this week. ' ;
Schallberger furnished J1000 bond and
Miss Monroe. Talks Tonight
Miss Anne Shannon Monroe, success
ful short story' writer and novelist, will
address the Bhort story class of Mrs.
Mable Holmes parsons tonight at 7:30
o'clock at the Central library. This claw
is one of the, many courses offered bj
the extension division of thoUntveralty
of Oregon in Portland this winter. . j
Nolan Gives Bail
Dan Nolan, arrested at Oregon City
two weeks ago by federal officers and
charged with violating the . prohibition
law, was released, tinder 1500 bond today
by United. Stater Commissioner Drake.
Nolan said he was not concerned in the
manufacture of moonshine found in his
house. v T -.- ,M -
FINANCIAL,
FurnWied bj Or-rbeck ' Cooke Co. ; ; ""-V
Financial News---Pool circles noted as
friendly to cans,, rubbers, shipping shares,
coals and the, Whelan group, - A large
shortage is reported trying to retire frogs
the coppers. Good buying 1sv found in
U. S. Steel and Republic Iron and Steel
with predictions of .higher prices. The
oil holdings of Columbia Gas and Ohio
Cities Gas are being exploited by Inter
ests friendly to these issues and esti
mates are; circulating as to benefits.
The large automobile " concerns are:
credited with addition daily to their hold
ings of stock of leading accessory com
panies in that line. Pool interests are
working for higher prices in American
Linseed according to- well " informed
circles who predict favorable dividend ac
tion In next 60 days. American Interna
tional corporation is being bought by in
terests associated with affairs of inter
national . Merchant Marine, whose
strength is reported in floor channels to
be prophetic of nuch higher levels.
New York Country faces, strike of
bituminous miners November 1 unless
Washington intervenes. 0
American Railway association In con
vention demands electric railways be
eliitRhated from pending congressional
legislation;
America Sumatra Tobacco company
acquired Griffin Tobacco company, of
T-Iartfnril .i nnrl TCew York, larcrest ex
porter of American cigar leaf tobacco
in the United States.
St Louis Southwestern railway etarned
$2.66 a share on common in 1918 against
$17.60 a share In 1917.
Steel trade organs in weekly survey of
conditions comment on increased demand
for steel and see slow return to normal I
operations f mills.
Twenty industrials 113.55, up 1. 1
Twenty rails 82.04, off .9.
I
New York Herald Railroad bankers
doubt that railroads will be returned
this year, saying satisfactory legislation
is unlikely.
New York American Ford to start
ship line ; to Ireland. New senate bill
alms to control sugar.
Wall Street Journal U. S. Steel has
been gathered in by the strongest inter-
ests who expressed confidence that on
Its asset position tne stoca is worm over
$150 a share. The street seems to tninn
the high money rate is to prevent the
market from running away. J
U. S. Alcohol Committee on securities 1
u' lUB "cw Till,
that transactions in common stock un-
less made specif IcaUy forcash shall be
ex ngms on ucwow
dealt in on or after October 21. . .
New York News Sentiment after close
yesterday almost universally bullish.
Steel strike spoken of as practically
no loneer a market influence. Much
higher prices predicted for steels on
theory that companies will now be able
to control the industry.
Decidedly higher prices predicted also
for Marine common
Petroleum shares had more friends.
however, than any other group.
. Rumored that important developments
are In progress in connection with Good
rich Rubber.
Foreign exchange closed steady at a
reaction from early strength. President's
condition shows further improvement.
Trinity Oil declared regular 3 per cent
payable November 10, stock record Oc
tober 20. It is becoming increasingly
evident that for the purpose of lacilitat
ing distribution' in the shares of com
panies that have registered extreme ad'
vances, the steel shares are being made
vances, the steel shares are Deing maae
p - .1. j v !.,?. v
aoTrdstra'wuf'ne
in these latter issues while selling will
be conducted elsewhere.
CAPITAL AND LABOR
FACE BIG PROBLEMS
(Continued From Page One)
, .,. tntT, in
range the rules so that a minority in
eacn group couia Dnng to tne aiscus -
sion of the whole conference anyj
proposition, but both capital and labor
vetoed the idea because from experience!
these men have found that much time Is
jorlty in each group stands ready to
back a proposition there is little chance
that the arguments of the main confer-
ence will do anything but occupy time,
The purpose of the conference is to get
agreement between the three groups ana
tnere is reany mue ume ior me
ference itself to straighten out dissensions
lUBiue lug tojiM -. auj b vr v
sumably the groups will act by, majority
vote as a unit in each case.
SO POWER IV COMMITTEE
But the committee, of 15 will not have
final power. It will merely bring, to the
attention of the conference with or with
out recommendation the proposals that
It thinks should come before the main
body.- There will be ample opportunity
for discussion and an aye or nay vote on
each proposal. The conference exists
chiefly today on the sanction of the
government which called it together and
nn th mnrih of mihlta nnlnion which
looks to it for a settlemenL
Pl'BLIG COTtFIIrESCK COURTED
The conferees do not want to lose
,t- t. - .... uci.i.
puuiu: vunwucuw n"6!vo
tneii own groups ana uo nui wm w
forfeit public paUencg by protracted de
bate. Host ox the conierees are accus
tomed to conventions and boards Of di
rectors and exclusive committee meetings
and they are all busy men. Their rules
thus far adopted clearly express a de
sire to get down to brass -tacks as
quickly i as possible. Over night they
will tackle some of the numerous pro
posals made for the betterment of the
relations between capital and labor., ,
MAKY tQt E&TIOJtS CP
Unquestionably ail these will have to
be classified as to. subject and (discussed
principle by- principle. Take; for In
stance, ; the eight hour day. A general
principle approving .the eight hour day
might be jwoposed. The text of the
principle and its application would in
volve much discussion in the committee
of 13. Possibly it would be found neces
sary to bring out the way in which 'the
eight, hour day works Indifferent kinds
of Industries and advantages or disad
vantages which experience has revealed.
When the committee - agreed rupon the
language Vf the -principle involved it
would then be brought to the rhain pody
for discussion again and a vote. Thin
every subject from the length of the
working day to the principle of collective
mrgaining, : the responslbilstiQ of labor
for production and- the enforcement of
its contracts would be taken up successively-:
until a series of principles
could be agreed upon. .
MORAL FOBCE. DESIRED - '
'Collectively they ; would constitute- a
charter and II accepted i unanimoufly,
would r be presented to the employers
and employes of the country for their
individual approval or disapproval. The
, moral .force behind the present confer
eace, it Is expected, would mean the gen
eral acceptance of - any v. plan -! that - is
agreed upon by the leaders of capital
and libor who are drafting It :
- Labor, It is saidr plans a definite at
tatude. It wants to hear what capital
has t offers-then it wui suggest or com
ment. And capital howa signs ' of the
same kind of thing. The representatives
of the public, in a sense, are mediators.
If neither capital nor labor wants: .to
take the Initiative, the middle group will
do so. ' , Anyway,- before another day or
two, the committee of 15 will have be
fore it enough plans from all sources to
begin discussion, of separate ideas.
BUBBI3TO ELBOWS
Much of the benefit of the conference
will come out of the personal contacts
between the conferees, v It is Interesting
to see Frank Morrison, vice president
of the -American Federation of Labor,
sitting down wtth-EIbert It Gary of the
United States Steel corporation, foe of
the unions. It is interesting to note
the good natured " jest of John Spargo
In an aisle with Elbert Gary wherein
the New York radical, on hearing Gary
remark that leaders of the steel workers
didn't represent more than 10 per cent
of the men, promptly inquired whether
Judge Gary -would meet the men if they
represented a membership of 51 per cent
of the workers. -
BRIDGE THE GULF, SATS LANE
. It is in these give and take Informal
conferences and discussions that the
spirit of the conference . itself will be
created. Secretary Lane did a Wise
thing in asking the conference Immedi
ately after its Wednesday morning ses
sion adjourned If the chairmen' of each of
the thre5 groups wouldn't see to it im
mediately : that the persons in their
groups met the .other conferees and
vice versa. Chairman Lane plans a
luncheon, too, where the intimacy may
be continued. He said he didn't want
any great . gulf" to exist between the
three groups just because they were so
designated or sat separately in the con-
ference room. Thus far, there has been
(very little time rat her a hesitation to
come out in tne open, ah or tnai wui
surely disappear in another day or so,
and bv means of small committees and
individual conferences a start will be
made at last -toward the formulation of
a set of principles that may not alone
govern the relations of capital and labor
in the United States, but that may serve
as an example for other countries.
Already the fact that the conference is
being held in the Pan-American Lnion
3 I building has excited the interest of the
" I other renubllcs In the western hem-
iSpnere Today a Japanese representa-
tlve arrived to observe the proceedings.
The big press associations have direct
wires into the building. The big hall of
Americans where the sessions are held
. ,, , . .
an event of more intense interest held
,, . tha
yet 0Ut8ije of ,t altogether. It is un-
official, yet most powerfuL The eyes of
million of iwwkIa r n it-
I
ROAD DESIGNED AS
TD
Oregon , Delegation to Be Asked
To Aid Project of White
Swan, Washington.
Directors of the Chamber of ,Com-
j .""-" , -
merce at their regular meeting Wednes-
?? 0 2
the people of White Swan. Wash., to
secure a road connecting that" town with
th Columbia river highway and Inland
Empire highway of Central Washing
ton. The chamber will ask members of
the Oregon delegation at Washington,
D. C, to. support this movement.
A resolution was adopted at the meet
ing recommending that in the future
the chamber provide special entertain
ment for captains of ships coming into
this port for the first time,
Attention of the directors was called
to. the international trade conference at
Atlantic City, October 22. which is
(agreed to be one of the most important
of thp v, Severa, Portland-
1 er8 wju attend.
The directors indorsed Seattle as the
fnv?ntion H 016 1920 ee88ion" of
chamber also went on record as
favoring the proposed amendment an
nuling two years' and one day as the
nnflsv limit fr railroad frelp-ht nlnlmA.
Under the present law, some claims are
I delayed until the outlaw time and claim
I ants are . unable to press their claims
tanner.
Farm Loans Lao
Pendleton, Oct. 9. Farm loan business
, poo,,. in Umatilla county than In aay
i Athar fiAiintv at f imema onri iriohn n
(representative of a Portland banking
house declared here.. Prosperity of the
farmers in this county is given as the
cause.
CHAMBER
LINK
HIGHWAY
LIBERTY BOND SALES
Liberty bonds sold in the New Tork market
Thursday
"Vit
Open
.$100.06
. 93.20
94.12
. . 95.40
. 94.24
. 056
94.18
. 99.S4
. . 99.88
I r'Ut 4s
I Keeond 4s . .
itend4 4 """."
Ifird 4 .
F-"rtJl 4A
vwtory a
ajfietory 3a
LIBERTY and VICTORY BONDS
If you must tall your Liberty ar Victory bends, asM t ue.
. If rau can buy more Liberty ar Victory sends, buy from us.
Today's opening New York mark, t U as follows. They are the governing prices for
Liberty and Victory bonds all over the world, and the highest. We advertise these
prices daily in order that you may know the New York market and the, exact value of
your Liberty and Victory bonds: . . f
' 1st 2nd 1st 2nd 3rd 4th Victory
SHs 4s 4s 4 C(l 4Hl 41il 8S 4S
Market ericas' ......100.08 83.20 94.14 95.20 84.22 88.82 4.1 99.84 . 99.8
Stores !T. ...... . 1.11 1.27 1.60 1.8S l.tO .2 2.05 1.48 1.83
Total .. .'......101.18 96.47 95.74 90.55 08.92 96,10 96.31 101.29 101.69
Whea bnying we deduct 87c on a $50 bond and $2.60 on a $1000 bond. ,
We sell at the New York market ping the accrued interest.
' Burglar and rirapraof Safe Deposit gtitt for Rent. , .
. OPEN UNTIL S P. M. SATURDAYS
MORRIS BROTHERS, INC.
v THI PRCMICR MUflieiPAL BONO MOUSK -
eaFTTAL Mi MILLIOM DOLLS RS - r - ,
asserts tfulMuvg, 809-811 Stark St, . SUi aits St,
Tslephene Broadway 11 SI. : gsufellsrats ow 2B rtsvt.
ROBERTSON & EWING
LIBERTY BONDS
Hew Tors QsotaUos.
; laterett Iaeladt.
. ' BVai..:....!"!."
Keeead - 4. ...... ''
First V4.
Keeoad - 4yss. .... -
Third V4
Fosrth 4s.
Victory 4s, ; . Mif
Mrs Bay an Sell Asy
- AaveaaU
BIG DECLINES ARE: :
FORCED IN HOGS AT
AMERICAN YARDS
Local Trade Unwilling ' to Purchase
During the Morning Except at
Very Sharp ' IteducllonCatlle Are
About Steady and Sheep Hold.
. PORTLAND LIVESTOCK BCX
Hoc Cattle L1ti
Thursday . . .
Wk aso
S week ago
4 week ago
Year ago . .
2 yean aso
5 - year aco
4 feara aso . .
881
IBS
487
. SOT
.. 234
.. OT
. 2
, .122
. .107
. . Sift
114
205
287
2 SO
905
. 03
313
let
143
847
SO
a
87
20
1239
HOG SUPPLY-LOvTEB
Hoar rleet lost 11 senerally at North
Fertlaad for the day, with seme sales
down !.&. Extreme top was 1W.
Very liberal run of hogs and a turther
inwArinc of ths Eastern price looked bad
for the swine trade at North Portland
for the day. Cattle were about steady,
with cows in food demand, and prices
held. Sheep and lamb situation waJ
considered steady.
HfnhKIa Inn arm rnminl to the North Polt-
lini mli in Im-raaainK anmly and thw aam
oondltloa t naewia vnowa in diiootii;
the bis stockyard center f U country. In
t, .... ,h.r- w. . tt ruruicr immi ueviiu
bi the price of boe wHh tha ititrie top at
Knife .tHriF ntnlht balow till for top tUft.
. K- n,.r.t ttml fiaFQ time in v
tins aUrted for the day. -Kulew. aeemg a w i
run in night in tbm allya and with Pwnty
to their own pea. were Inoliwd to hold off their
purehaaea daring the morning and w willing
to bay only at extreme cut pmm in,i,i.i
waa impoiiaibla to tell during the morning what
tht hog market waa going to do here and no
change m quotauona wh mi
fint edition of The Jonmal. 4
General hog market range: -
Prime, mixed. 2 2"
Medium mixed
Rough bearlea .;...... !2SU5
pieg ' 14.5015.50
Oowt In fair Damans
Cowa were in fair demand at North Port
land during the day. although no efgreaiuve
itrengUi waa ahown in OiU diriskm. Tlenty ol
cowa are coming forward to flu current re
quirement', and price were unchanged. ' Steeri
ccntinned alow at-former raloea.
BeUr. . $ .50 10.80
Good to choice ateen ......... 4.0
Medium to good teen 00 9.00
v.i. . -wi .tr. 7.00 8.00
nnmmon to fair tteer . . ... R.BO S fiO
Choice cowa and heifara B.l)0 8.10
s .nil holfara. 6.60 T.oO
Medium to good oow and heifera. 6.B0 & .60
Fair to-medium cowa and heifera. f." 8.7ft
f.nn,n ............ "S.OO IS .UU
Canner. . ; . . 5.00 .B0
A lighi'calre. 1 4.00 1 1J.00
Heay calre. S SSS1!"?
Ktnrkr and feeder 7.80 0 9.2B
CondUWna in the mutton and Umb allejii
at Nortlr Portland were ateady for the day with
. .m.ii nm reDorted orerniglit. Prices were
gerwrally considered nncnangen. .
ii.n.m1 ,liMn marfcet ranee:
Heat Mount Adama Iambi l-52 ?
Stocker. and fr, ,n2nS,?n
Valye lambs ; 10.8011.00
Teariin; 8 Jg ?n
Wethers .0
Ewea
6.00 0 7.00
Wednesday Afternoon Sales
No
3..
Q
8. .
At. lbs. Price.
.. ASO 7.60
. . 660 6.00
No. At. lbs.
Price,
11 94 t 8.50
3 426 8.50
2 770 7.00
1 840 7.00
1. . . . 920 7.00
' "l 830 $ 6.75
1.... 650 4.60
1 1010 '7.00
1 940 6.00
12. . . .1017 7.75
1. , . . 960 6.75
851
8.75
. 670
. 740
. 850
.1100
. 820
. 870
. OHO
.o 990
5.00
7.00
COWS
5.00
8.50
6.60
5.50
6.50
6.75
. 823
$ 7.00
CAlVES
, . 188 S16.00
20 12.00
110 416 00
. .
BULLS
.1480 t 6.00
.1140 t S.09
, . .269 S17.00
HOGS
12. .
e. .
e. .
0. .
2. .
l. .
2. ,
l. .
4. .
4. .
9. .
8. .
2. .
5. .
' 6. .
12. .
21.,
8.
1. ,
S3.,
l.!
13.
. . 222 816.60 34. , . .
.. 225 16.50 81....
, . 160 10.60 80....
,. 222 16.60 1....
, . 890 14.00 1. . . .
. . 200 J7.00 1 . . . .
. . 285 16.60 1....
. . 830 15.00 6....
, . 202 17.00 6....
.. 800 16.50 8....
. . 181 17.00 1....
. . 237 17.00 1....
. . 22S 16.50 11....
. . 208 16.50 4..,.
. . 203 16.50 1....
. . 222 16.60
190 1T.SO
200
810
140
200
220
216
286
203
450
480
272
19b
220
J6.75
16.00
15.00
17.00
17.00
17.00
16.00
17.00
15.00
14.00
16.00
ie.Vo
LAMBS
1150 I , 1.
12.00 j 22.
11.50 1
EWES
84 $11.50
60 8 9.00
70 10.00
84
90
82 8 2.50 I 208
113 3 7.00
'78 4.7J
YEARLINGS
100 t 9.00 t 83
110 800 J
WETHEB3
160 8 7.50
BOCKS
150 8 4.00
Thursday Morning Sales
1..,
2.,.
cows
870 8 .50 1..
860 3.50 1..
990 6.00
HOGS
158 $16.50 J 13. .
LAMBS
105 810.00 6..
660 8 3.00
900 . i 4.00
213 $16.00
10.
80.
83 $10.00
PACIFIC COAST BARK STATEMENT
Portland Banal
Claru '', W- Yr A-.
Monday fTTTs 8.522.120.58 $ 6.821.725.17
Tniaday . . .40l.08.80 6.622.769.54
Wlnelay .5N7.43.14 5,401.1 H0.4
Thursday. . . 0,844.939.06 ' 5,938.604.15
at following prices:
Cloaa
Wdneds
. $100.08
95.-JU
94.14
95.-0
94.20
95.84
94.16
90.88
99.84
High
$100.12
96.30
94. '-'O
95.40
94.80
95.88
94.82 ,
99.86
99.88
I w
$100.06
5.'JU
94.10
63.20
94. 30
95.S0
94.18
99.82
99.83
f'lne
$100.10
96.10
04.10
06.30
94.24
95.82
94.20
99.8'J
99.84
FEDERAL TAX EXEMPT
BONDS
.Local Securities
207-8 Northwestern Bant,
" v Building
1 PORTLAND, OR- ;
Apple Rate Fight
To Be Made
Congress and Rate Bodies Petitioned
, (o Relieve Situation.
-'Bt Mymaa H. Cohea . '
Portland shippers and others are de
termtned to make a strenuous effort to
secure for the apple growers of this
tMt ml rate on their fruit that would al
low them to compete with producers, of
other states. .. .
ComolalnU are being made to the Inter-,
slate - commerce commission, the state
public service commission, the Chamber
of Commerce ana. to unitea states con
gressmen, and senators to relieve the
situation. .
Geora-e Lt Davenport, a well known
shipper here, has sent the following
communication to Attorney General
Georare Brown:
"I am writing you these few lines to
the growers In the state of Oregon In
getting a rate on manufacturing bulk
apples to ship to eastern points. 1 am
only asking that the growers have the
same rate that is applied to box apples,
Which is 1.0 to St. Joseph. Mo.
I personally took an order for four
cars of bulk apples, sold f. o. b. here. I
have had lots to contend with but finally
got 'the rate from $2 to $1.50Vi, after
three day's research. These four cars will
a-o out this week to St. Joseph, Mo,, and
I. believe if this proposition were taken
up In the proper channels we could get
an emergency rate established within the
next two or three weeks.
"I am writing Congressman Sinnott
and Senator Chamberlain on the above
lines. The railroads heartily favor this
matter as above outlined
I realize that I
it takes 60 days to get the rate pub
lished through the tariff."
Those desiring special int onmation regarding
any market should write the market editor Ore
gon Journal, enclosing stamp for reply.
Bally in Grain
Shown at Opening
Chicago, Oct. (I N. 8.) Coru rallied
a trifle today, opening " prices showing au ad
Tanee of io orer yesterday's close. Locals fa
ored the boring side." Thta with a light eupply
moderate.
Oats followed corn closely, opening prices being
at adrancea of from U to Ho higher. The
volume of buaineaa waa not large.
Proririons were slightly lower and practically
Bcgieciea,
.. CORN
Open. High. Low. ' Close.
October .... 136 ,137 135' 187
December . . 12214 12Si 121 H 123H
May ........ 121 122 120 122
OAT8
October 69 69 U 69 !
December ... 70H . 71 70 4 71
May 724 73 U 72 . 7314
PORK
October 300 B
72 , 7314
January
3180 8223
3180 3220
LARD
, 2727 a770
, 2300 2332
MBS
October
January
October
January
2725
2330
2710
2312
1850
1733
1735 1763 1T35
LOWER PRICES FOLLOW OK
IRREGULAR COTTON OPEMJfO
New fork. Oct 9. (I. N. 8.) The rot
too market opened irregular today, a disposi
tion to realise profit on long lines offsetting
early bullish news. First prices were 10 points
higher to T points lower.
At the end of the first 16 minutes trading
was quiet with quotations about 20 points net
lower.
Month. Open. High. Low. Close.
January 8326 3350 8272 8275
February 8277
March ...... 8325 3855 8280 3280
April 3278"
May 8827 3360 8280 3280
June .
July f. ... S27t
August .... .... o.to
October' 8288 8300 ,3280 8280
NoTember 32:0
December ... 3310 8836 8235 . 8262
Chicago Potato Market
Chicago. Oct, 9. (I. N. .) PsrUtoes
Receipts 91 can. Minnesota and Dakota, Ohloa,
$3.65 2.70.
United Fruits Co.
Closes Its Stores on
Island of Jamaica
By R. W. Thompson
Bpecial Cable to The Journal and The Chicago
Daily News.
(Copyright, 1919, by Chicago' Daily News Co.)
Kingston, Jamaica. Oct. 9. The Unit
ed Fruit company has decided to give up
Its merchandise business here. It will
close its wholesale and retail stores on
the north side and will confine itself to
the production and purchase of fruil
and other island articles, carrying fruit
and passengers between Jamaica and the
countries with which we trade. The
Gleaner says :
"We are delighted that this decision
has at last been arrived at delighted
that one of the causes of a great deal
of discontent in this island has been at
last removed."
What is claimed to be the world's
largest gasoline motor fire engine has
been placed in service at Louisville. Ky.
Wilson-Heilbronner Co.
Announce their acquisition of the
E. F. HUTTOW at CO. WIKES ASD 8EBTICE
; and the offices at
2$l-2M-t$ Railway. Ezehaage Balldlsg
They have direct wire eosseetfoss with e(,rr sxehssge fa the eosnlry, aed
will bay or tell asi. Railroad. IodstUlaL steel, Copper, tiraln or Cottoi
stocks or UoBdt traded is. : .
' TOUB BUSINESS IS COCBTEOUSLT SOLICITED.
Wilson-Heilbronher Go.
THE HEILBEOX5EB CO. FOBTI.ABTD. OBEOOH
. Batte. Moat. ' a Phoaett Mala S$SIM
Cerrespeadeatsi E.'F.'HtJTTO?l' CO Jfew York
, . CLEMErT. CVHTIH CO Chicago
HATOEJT, 0TO5E k CO, BoftOB
fflrintins
Everything done .
to the best
advantage, -resulting
in the -greatest
value,
it , the lowest cost.
Main x65-TeIepbone OJ-AX165
F-W-BAlTES
& COMPANY
' 1 FIRST AND OAK ;
HIGHES
T
BEING OFFERED FORI
Purchases of Turkey Rrd Reported in
Interior t'p to ROr Abote the Gov- ,
ernment Basis Northwest Mills May ,
Not Get Sufficient. .
NORTHWEST GRAIN UKCEIPTS
PREMIUMS
lara
Whcst arly FkiHr- tlata-Itav
PorUand. Thura . . 4 . . . . 28
Tear ago .. 5H . . . . tt a 5-V - X
Sunn to (IU. ..2B47 11C 8?' 380 87
Tear ago ....3084 378 4 iH 10l
Taeotna. Wed... 50 3 , ... .
Tear ago . . 80 a i
Sea. ta dt. . 1 RNf. r.o .... HI UU
Year ago ..18SS IU .... 70 4S4
Seattle. Wed. . . 2rt 2 a B 1
Tear a,' .. XI .... 'i . . . . .
Sea. to ilte. ..1874 11. 210 Ul 4d
Tear ago ....2167 30 bi 801
"o Soft AVheat Premlsma
Exreptloa Is taken by millers to the
report that time from the roan try that
premiams are being paid for toft wheat
la the.Paclflc SorlhTitst. This claim It
a strut for the reason that not a bsshrl
of this wheat la being purchased by the
East and offerings to roast millers are
beyond their ability to take rare of.
They aay that aay old premium, how
eier. It available for hard wheat tarn
as Marqals or Turkey Red.
The highest price ever paid in Hie Ta-
clflc Northwcat or grain since the in
terior became a producing center Is re
ported wjlh thepurchRse of several Rood
slsed lots of Turkey Red at 60c a bushel
premium above the government basis.
So keen Is the demand 'for hard wheat
that millers of the Pacific Northwest are,,
seemingly willing to pay almost any
price. In fact, today the danuer lies in
their inability to secure sufficient stocks
for their requirements at any price be
cause of the previous heavy purchases
by eastern and middle west millers.
No inuinn of the Portland Merchants' ex
change wai held during the day because of tba
L - ,. r-Uen. here.
meeting with Julius Barnes, head or lot grain
Weekly crop report of the Southern Taenia
railroad:
Willamette V alley
Relem-
Rains latftr part of September were
icial to late garden. Prunes will
rery beneficial to late garden.
ran about 85 Per cent of normal. Hops show
no damage. t'niesa damaged later they wlU all
be barreled on account of high prices.
Wood burn Hsrretlug of grain has, been
practically completed , and grain atored. Hop
picking is also about orer. HarTeiting of the
prune crop has been practically completed, tlie
production being above normal. Apple trees
are bearily laden and Indications are that there
will I,,, hnmner cmn. A few farmer are
doing their fall plowing but additional rainfall
required to place tne sou in proiwr enmunon ana
put in fall grain. Canneries are still handling
a limited quantity of pears, prunes and evergreen
berriea. - '."...
Eugene Considerable rainfall occurred In this
section which Jias been beneficial to fall plow
ing, but haa-nlted In slight damaw to toma
toes. Prnnes haee been picked and are" under
lielter. yield being estimated at 50 per cent
normal, and 40 per cent last rear's crop. Lire
rtnek i in good condition, fall raina baring al
ready started the grass growing.
Cottage tirore Prune crop aboat all picked.
Applet are harvested and turning out larger crop
than expected. Pall plowing ! being done and
fall grain planted. Pastures is best condition
the bare been in years.
Newberg Potato crop looking good due to
lato rains. Apples, wheat, oats, com and hay
will yield about normal.
McMlnnrllle Thnwhlng completed as . welt
as prune picking, which crop Is lighter than
firt't estimated account falling off considerably,
dne to heary rains. ,
' Corrallis Hop picking nearly complrted.
Oraln threshing in this territory almost com
pletad before rains. Kemaindartrjeaohc in field
re ruined due to rains latter part of Septem
ber. Damage to hops and prunes his not yrt
been e.itimatrd. Pears, prunes and apples nearly
liarrested. Cannery working night and day,
handling lata fruits.
Coot gay ,
MaraUfield Heary frosts n this territory.
However, no damage so fsr has been done. Crops
continue' to proceed exceptionally well. Corn,
hay, potatoes and apples turned out very large
orbp. First hay crop bat been cut and wtt
above the average.
Myrtle Pcinr Potatoes and corn looking fine.
Apples being picked and crop exceptionally good.
Umpqua Valley
Roseburg Prunes nave practically alt been
gathered. Heavy rain anmewhat interfered with
picking, but has cleared off and prunet now
nearly all In with practically no damage. Dally
shipments of apples now being made. nmccoti
getting ideal weather for growing and promises
to be a good crop. Corn looking fin and normal
crop is expected. Ijter variety pears coming on
and being shipped out daily.
FLOUR Selling price, new crop:, Willamette.
$11.13; whole wheat 'flour. $10.23: Willamette
Valley, $10.10: local straight, $10.00 bakers'
local, $10.90011.1$; Montana spring wheat
patent, $11.15; T flour. $10.10; .oatmeal.
$18 00; graham. $11.00. Price for city delivery
in flve-bairel lota.
HAY Buying price, new crop: Willamette
timothy, fancy, $27.00: Eastern Oregon
Washington, fancy timothy. 1 alfalfa.
830.00: valley vetch, 824.00; cheat. $18.00
straw, $10.00; clover. $24.00; grain. $22.00.
GRAIN SACKS Nomenal. New crop, delivery.
No. 1 Calcutta. 17e in car lots, lest amount
higher.
MILLSTl'FFS Mixed run at mills, sacked.
$88.00 m 80.00,
ROLLKO OATS Per ton, $60 00 6 1.00.
ROLLED BAKLKr Per ton. $$7,00 0
68.00.
CORN Whole. $79; cracked. $$1.
FOLLOW LOCAL MARKET . LEAD ;
Seattle Fruit Market
Seattle, Oct. . (V. P. ) reaches Eastern
Washington., 75ct$t.OO.
Pcarn Beurre Hardy. 2.23; d'AOJoUi, $$.00
Oa.r.O; fall hotter. $2.25.
FACTS, Ho. 4t
ENCOURAGING
INDUSTRIES
;:.. - If It is wlnhed to et
rouraso manufacturing
Industries to locate in a
rocallty it is necessary
, to provide - adequate
: " . transportation faciiitteg,
. and this can be dona by
-s: a system of Improved
"... hlrhwaya for' motor
yehicles. Speed and econ
! f !: omy ares asaured when
. they are paved with
BITULITHIC
:--.lfABBE!r' BROS. CO. ,
V
'I,