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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (June 13, 1920)
13 THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING,' JUNE 13. 1820. DEMORALIZED WOOL TRADE DUE TO EUROPE II MARKET FORVHEATSUPPLY Pemaad Is Shown hut Trade Is Ocm ' fined Principally Among Dealers -Watchln; the Crop Reports. Foreign demand for wheat continues rather liberal and soms trading: con tinues at -Pacific Northwest points, al though business is principally between dealers. Crop conditions ere beta eagerly watubed by the trad, and recent rain appear to ban stimu lated the plant, tiila seine especially trae in Ilia light lead sections wbicb need moisture at tMU time mora than tha heavy land diwriet Special report of county eorr-pirjdinU of T L Kent, field scent of the depsrUueat of agriculture show: - . Beaton Spring train badly to need of rsla. On account of December. 1919, fretaw black fcerries mostly killed back to root. - Clsckaniee All grains- ara doing wall on ac eount of frequent showers, . . Cooa Pastures and all erope suffering for Want of rain at tha and of sfay. Iocigl Killing froaU May 28 and 29. Pan tor fast drying up. AH eropa needing rain. Cram crop acreage leas than last year. - y Lane Cold nights with . froat baa reduced apple and otbar (rait eropa.- Pastures, meadows, ad erops generally backward on account of cold dry weather. IJnn The spring baa baan unusually dry and old. which account for tbe low percentage ooo Hitioa . of eropa , Aphia raportad la aotna retcb fields - Polk The season has baan too dry and, oold "f.rr moat crop. Clove and sraas has mada a Washington Hay eery poor on aecouat of eontinued dry eoid weather. , - Baker Farm labor la almost Impossible to get. Conaidarabla) land sot cropped for lack of help. Going to be hard to take care of UUliSJn a onekfcrable per cant of the winter wheat In thia locality frose and rotted out. The spring wheat and rye is looking fairly well. Tba wire worms are working on both print and winter train. All grain is back ward doe to eold ' weather. - Jefferson All train to late owing to tha sold weather prevailing. - Frmt Hay 29 did some , damage to 'early train which wan heeding oat Uraetiile Condition of fall wheat ia good bat etand ia thin ia many fields on account of poor gemination. - - Sprint wheat acreage la largely raseeded fields of winter wheat, and aeada rain and warm-" weather. Klamath May waa eold and windy month: - barley, wheat and cats froaen back, makint poor shewing, and some to be reseeded. Irritation jurt beginning.' Aereage of ail eropa ahow in creases ever las year.- -.-.- Lake- General condition are far more favor able than 1V year. All grain making rapid growth. . Alfalfa. "Tlelds in excellent eouditUsz, fcotne frost damage May 25. Malheur Crop condition, in general may be said to be favorable. Alfalfa tba most important rof of the oounty.. looks eery promising. Small rain, though backward on aooount of oold and annual wind, ia of good , oolor. - Since the foregoing reporta were received a .ooii rain "over pretty much ail of tha state ?i June 6. greatly improved toil moisture eon linone. Hither temperature nave also pre ' vailed in June to date, and crop cooditione as ' result have materially improved. ' . i . ' . O. S. Kay. field agent for Washington of the fjuited fitaUa department of agriculture, reporta: - Abnormally cool weather was experienced dur ing Mar. Light to heavy frosts occurred-Ute in the month. Meadows - and pastures did fairly Weil but grain crops were ail retarded. - Rains beneficial to tha grain crops, particularly in the iir Rend district, have fallen since June 1, . Winter wheat production in Washington is estimated to be 18.889.000 bushels, baaed on the. June 1 - condition. 78 per cent of normal. ThU condition, aa stated in the report of O. 8. . JUy, s field agmt for the federal bureau of crop caiimatea, is tha same aa tha Msy 1 condition, but ia eonaidersbly lower than the five-year aver age, condition of 8? per cent on June 1. -.. The production of winter wheat in the state in 1919 was 19.fi00.000 bushels, and the average for 1913-1919 is 19,867.000 bushels. Thj condition of the winter wheat crop in tba United States June 1 waa 78.2 per cent of normal, toreosstrne production of S08.998.00O badiel. as compared with 781,888.000 bushels ' n 1019. - -- W'SAbingtoa haa planted 1.808.000 acres of erring wheat this season and with a condition 68 per cent of normal on June 1, tha icrop Is estimated at 28,541.000 bushel. The 1919 production . of sprint ' wheat was 20.810,000 bushels. This year's acreage is 4 per cent greater than that of last year, the increase being due primrily to the areas raseeded where winter wheat was abandoned, principally in the Big Bend district. , Tba lata season with rather poor grow ing weather has given tha" errgt tha lowest June 1 condition since 1918. when it ' was but 80 per eent of normal. The a re rage June 1 eonfu Hon for tha past five years la 92 per cent. - Tha area of spring wheat . in tha United States this year la 19.4 97,000 acres, a decrease of 8.851.000 acres from tha 23.888.000 acres la 1919. Based on June 1 condition, 89.1 per eent of normal, the forecast for the total United Mates crop U 27fl.S47.O0O buaheh, as compared wiih 209.851.000 bushels produced, last year. The combined acreage of sprint and winter vheet in Washington this year is 2.248.O0O acres. This area, while less than the 2.440.000 a;res rn 1819. is above the 10-year average area Of 2.081.000 acres. Sprint wheat this -year, with 1,508.000 acres, is considerably above the 30-year avearsgc of 1.183.090 acres : while wtn te wheat, with 785,000 acres, is lower than the lo-year average of 898.00O acres. The total Indicated erop of the state for 18X0 based on June 1 eonditkm. . Is ' 42.8&0.000 bnhela, as . compared with 40,100,000 bmhela In 1919 and thj 1 0-yesw ' average production of 42,266,000 buaheU. - - - . Kl.OTJR Belling price, mill door: ; patent. 818.75: MonUna sprint wheat. 814.35; Wiltsm etts ealley brands. , 911.20; local straight. 911.20; bakers' heal, 918.50; graham, f 11.60. fricim for city deliveries -for five-barrel lota. H AT Buying prices: " Willamette timothy, . fsncy, 832.00 per ton; velch. 980.00; cheat. S22.00 23.00: straw. 910: clover. 131.10; rain 825.00: trfalfa. 385.00 88.00 a ton. - ORAIN eACKS NominsL New crop deliv er,. No.-r Calcutta, 19)a19o la oar lota; less amonnte higher. ' f MlIXSTUtTS MU1- run at mills, sacked. .9ATS p ton. buying price: . Feed. $70.00 9 (0.50 . j - BARXJBT Buying price: Feed. 866.00 9 . 50; nulling. 367.00 9 67.50; roUad bariey. aciJing pnea. 872.00 ton. MerchanU Exchange bids: X V- 'FEliD OATS Ko. 8 white . . . . . : ' . BARLXT No. S blue Standard .feed .... ...... . CORN " Ko. 3 yellow ... . . Fstern corn to bulk 1 S yellow. . Jane July. 6900 6900 6600 6600 500 6400 7700. . 7500 7450 .T?J? tott ,uJ' Tellow" mm. deliverv' at eo at 74 SaT shipaunt Ko. 8 yellow ' Forelfa Crop Estimates a"Jtch received fcy the bnrean af cmrj eetimatea. United Htatea department of sjrrt rnlmaa. June 2. 1930.' from the International Imitate of Agricurture.l Rome. Italy, give the of wheat in British India as "00 0 bushel., or 1 SO I p.r cent of the 1919 production, ami ; 103.4 per cent of a five year average. 194 4-1 91 8. . The 1920 prtducOon of corn h Argentiaa M 2H.692.000 bushels, or 115 4 per cent of the 1919 production, and 182.1 par eent 4 a ftva year average, 1914-1918. The oonditlon of eereals on May '"" reat Britain, Ireland, t'rance. Hun try, Portugal. Jypt. Morocco, There was aneuth In South Italy and Algeria. 1 , jw. ' H M mm M V WW MMMMnHM. . ; Electric controls permit a new search light to be operated from points as dis tant as ten .miles. ,4 . . - . Overbeck & Co. Stocks, Bonds Cotton. Grain, Etc. . DIRECT PRIVATE WIRES TO ALL , EXCHANGES Members . Cnicaco Board of Tn.a CorrsepoTidents sf Lgn Bryan tl-il7 Beard sf Trade Bstldlsr BUTTER HOLDING AT STRONG PRICE IVocal Situation Is Unusually Firm for Storage Period Ice House Stocks Show Very Hear? Loss.' Butter market held . remarkably strong during; the week,- not only at Portland but practically along the - entire Pacific coast. Demand for butter, appears to have grown somewhat, Cold storage op erations are gaining-, but the ' totals to date this season are much below .those of a year ago. There appears little likeli hood that the storage stocks for 1920 will be as heavy es a year ago, although it is - still possible to increase holdings this season providing operators are will ing to follow the market upward. That there will be an upward swing to val ues if the usual summer- shortage is shown and cold storage -wants continue. is the idea expressed by leaders of the' trade. : . - No change was mada in tha price of printa during tha - week but there was. firmer tone in cubes and extras ruled well at 50e a pound. Tha former weakness against of f grade stock ap pears to nave bean - lost, for demand now ' In cludes ail grades. . , :! - . Km Trade Is Higher :.- Higher prioea were forced for eggs in the local trade during the week. : There was a very good demand from tha in term our. tain country and as the government was buying for Alaskan needs at Pacific Northwest points, this created a very strong call. This, together with decreasing total supplies of eggs, aa well as the fact that much loss ia shown in candling, gave the entire market the beat tone for several weeks. Ohlcfcen Trade Stagnant " Stagnation - wasa almost complete in the chicken demand for -the week. While receipts were libera, the call waa limited asd all through the period wholesalers were forced to carry over stocks from day to day because of -the lack of outlet. Principal weakness remains in the light weight stock, small bens and springs being espe cially glow and weak with the greatest price loss. Calf Market Is Quiet -' While there was not a wry liberal -supply re ported in during the week,, the market for coun try killed calves was depressed most of - the time. .At the start of the week the feeling waa fairly good and-tops commanded 19e generally, but .later the best price was about lc below thin j Praised Host Hold Firm Country killed hogs showed a firm tone along Front street for tha week. . There was a fair sup ply for the period but demand continued keen. Moat of tha sales of taps were made around -2 ue a pound. . r . : Strawberry PHoea . ErrwUo V ery ; erratic -tone ruled in tha strawberry market for the - week. At the start of the week there was s weaker tone and lower prices, resulting in a - bad break Tuesday, with moat of the supplies injured by recent rains. Oa Friday the market showed a firmer tone with a sharp advance in the price. Cannera hare started operations for tha season.' 'Potatoes HH Record - -4 Old potatoes hit a new high record in the local trade with sales aa high aa 12o a paand during the week. Of feringa of old stock are scant while demand ia food. . New whites from California are arriving , and are showing lower values, sale being mada. under the old stock for the first time thia season. Cheese Market Is Quiet With ' no further price change for the week the market for cheese ruled about steady for the period. . Outside . markets are showing a Well maintained price and thia ia clearing . the at moapbare somewhat. , ' . - WHotESArir "PBitrEs rsr po&tlakd These are prices retailers pay wholesalers, ex eapt aa otherwise noted: Dairy Products : BUTTER Selling price, dox lots: Creamery, prime parchment wrapped, 54c lb. ; prima first 62c lb.; firsts, Slo lb.; smaller kita at an ad vance. Jobbing prices: Cuoa extras. 49 S) 50e; prime firnta, 48 48 He. - - BUTTERFAT Portland delivery basis, S3 B5c: country stations. 519 52a. OLEOMARGARI.NK Best brands. 40ei ordi nary. 83 He: bakers. 33c: nutmarcarina. .1 lb. cartons, S2e lb. -'. - - , CHEESE Selling nrlee: Tfflamook. fresh Oregon, fancy triplets, 8 1 3?c lb.; Young America, 83 84c Prices to jobbers, f. e. b.. Tillsmook triplets. Z8c: Young Americas, 29c Selling price:- Cream, bricks, 40 42c Belling pnea: Block Bwua. 48 049o: hmborter. 40 m 42a per lb. . . ;G8 Buying prions: Current recnDta. 88e: cr.ndled. selling price, j 43 44c; select. 44 0 45c. . ' -' , UVS - PlllLTST SeHlnt ' price: Heave hena. . 24 25c; light hens,. 1 5 1 8c: spring. light. 18 020c: heavy. 25c: old roosters. 10c lb. ; turkeys, live, i ; dMeed, 45c lb. Fresh Vegetables and Fruit' ' FRESH FRUIT Oranrea. 8S.SOe8.BO r box; bananas, 11 12c lb.; lemons, 85.00 0 6.50 per orate; Florida grapefruit. 87.50 4S 9.50; California, 84.00 (9 4.66. AfFUts vanou yanabe. local. 81.25 a 4.00. ' ! - DRIED FRUIT Dates, Dromedaries. 17 SO- Fsnhv 84.00 iper box; raisins, S crown loose Muscatel. 18c per lb.: figs, 33-SO 9 5.50' box. J10a Seutng price to retailers: New red. 82.252.75: white. 82.75 crate: rarlic SSs lb. t green onions, 40e per ,doasa bunches; oaioa sets, 17 18n per lb. j ; . : -: . , ,. POTATOES MeUint price: neeeon f.rv 810.00 12.00;, iiems. 312.00 per owL; new. 12012 He lb. BnRKlKS Orea-on Dullazx. : M Ooa a Clark wtlins. 1 . i r . . . VEGETABLES Temrns. ' 33.80 aaeat ear. rots. 84.00 sack; . beets, 85c dozen bunches ; caoDsge, uiiiomia, fl taw; leituce, Sl.7SW2.O0 per crate: cucumbers, 82.50 - per , dor-en; tomatoes, 9Z.50; egg, plant, 'Oc per pound; brocoUi. 82.25; ball peppers, 75c; celery. 31.50 per dosen; peas, lOo lb. ; . artichokm, $1.50 per down; asparagus, Oregon, 81.76 par doaeu bunches. ' Msats and Provisions COCNTRT klKATS Sellinc orirei O-minrrv hogs,- 20c for top blockers; heavy. .16c: beat veal, 18019c: heavy, veal, 12018c per lb. - oiii.'Mu m t ji i nam. 40 ?4 5c per lb.; breakfast bacon. 86 0 57e; picnics. 26a uer lb.: cottage roll, 55c per lb. , ; UkRli Kettle rendered. 27 Ue Th.; atandavrt 25c; tierce basia com pound, 23 He , - Fish end SbaHflsh -'- FRESH FISH Salmon, fresh Chinook. 22 0 35e: halibut, ' fre-h, 20c; lb.; eturgeoo. t 1 : black cod. 10 0 lie lb.: silver m,it 10c per lb.; kippered salmon, 82.50 per 10-lb. basket: kippered cod. 82.35: Columbia smelt. 6c per lb.; razor, clams, ( box; crabs. 82.50 eT3.no aoacn; roe sbsd. lOe lb.; drewed shad. 5 0c; ling cvd.8Q lb. Orocarlae - .'- r ' SUGAR Nominal t Dricea. -: refiner-. Kuia. Cnbe, 325.60; fruit and berry. 824.75; D yellow, 324.1S; granulated. 824.75; extra C. 3Z4.35: golden C, (24.25. HONEI New, 97.0007.00 cafe, BICE) Japan style. - No, 1. IS He; New Orleans head ) ; Blue Rosa, 15le per lb. SALT Coarse half ground. 100s. $17.25 per ton: 50a. 816.75; table dairy. 60r. 317.25; ouee, ea.aueye.uu; laucr taoie ana dairy 830.50: lump reck. 826.50 per ton. BEANS Sales h iohheml Kmn whita T He per lb.; larg white, 7 He lb.; pink, 8 He lb.: omaa, 12Hc; bayou. 11 He; reds, 10 He; Oregon brans, buying prices nominal. 6 He lb. jA?iXtL aliJuK, Carnation. 86.85: Borden, 86.35; Aster. 86. 25 Eagle. 811.25: Libby. 86.25: Mount Vernon, 86.25 per case. COFFKE Roasted. . 84 ei4Sa i nrh oe drama - SODA CRACKERS In bulk, 17 He per lb. NUTS Walnuts, 89 0 40c per lb. ; almonds. 88c; .fUberta, 32c in sack lots: peanuts, 15 0 16e; pecans, 25c; Brasiis, 30c. ; , nepaa. Paints, Oils ROPH Bi-al. dark, 18 He; white, 20c Vb.; Standard Manila. 23HC -- UNSEED OIL Raw. bbla,. 81.98 gaL; kettle boiled, bbla.. 32.00; raw, eases, $2.13; boiled, cases. 32.16 galloa. COAL OIL Water white, la drums or Iron barrels. 13c gaL; cases. 24c pat saL GASOLINE Iron bbla., 25 e; eases, 8 8e; Ja8 mc- ULDUUltB, IIUB DOX.. X ISC 1 CM WHITE LEAD Ton lots. 16c; 18 H c per lb. 82 H c 900 TURPENTINE Taakx. 2.2; 2.41; v-asi so - 3 sasa . . MHoea..aowl and x Hides BOPS Nominal. 1019 crop, 81 Tb. " iutf Jsomaaal. no. 1 - salt cured hides funder 45 lbs.). 16c; No. 1 salt cured bids. tover aa ns. 14ej No. X salt cured bull wuj curea maea, la per lb. Ires: STOCKS GRAIN COTTON tsaawka Listed Slew Vark Stack Reduced Commission SmaJI Deposits Co as. R. McLain Brokersv. Co. ALLEN BROS. CO. MOtmmwanmvtMwa wJSm,,. Failure of Fabric -Bill Means Loss to the Grower of Wool By ByniSa H. Cokea Stagnation and the lower price trend generally noticeable in the market for wool la due to two conditions, both, of them originating from one source. This is no other than the use of so much dirty , refused to take suitable action to protect the interests. of the t wool grower against the unfair competition of the rag picker i and the shoddy manufacturers. No efforts whatever has been made by the Oregon wool grower this, too, is true of some other states to combat 4 the demoralising influences of the shoddy makers. - No effort " whatever has been made bv- those sheenment to thoroughly acquaint the public wlth tne Pr policy of using ehody cloth or clothing. Not a single voice has been raised in the councils of the Oregon association to protect the public against the fraudulent use of shoddy and the labeling of such materials as wool. - - - - - . ; - . : Oregon wool growers today are face to face with the conditions which nave been forecast on numerous occasions by The Journal. Alone and unaided, except by Charles Coopey, pioneer advocate of a pure cloth or truth in fabric bill. Months ago it could be plainly seen by all who cared to see that the day was not far, distant when the wool grower would need government protection against shoddy. This could be well accomplished by , the passage of the proposed bill, which haa been lost far the time being by the inactivity of the most Interested party tne wool grower nimseir. r - ; J " Hsge Wool Stoelii Demoralise . Today one sees the piling up of huge stocks of virgin wool all over the world. Manufacturers in general are inclined to purchase the cheapest raw material they can possibly secure, and get away with It. This Is the reason why they have allowed the virgin wool to remain unsold in the warehouses and have used daily increasing-supplies of wornout wool, otherwise known as shoddy. The outlook for wool prices has been much dimmed as a result of these condi tions. Manufacturers plainly see at this time the prospects for purchasing supplies at materially lower prices, and this accounts in a measure for their unwillingness; to purchase at the present time.- - The . wool market today' has developed into ar waiting game. The game to likely to be so long continued - that the tired wool grower Is most likely to sell almost at the first opportunity. , . . , - v ... f " 7 ' I IThaseUI Affairs Also Affect Priees ' While the abundant use of shoddy as a substitute for wool has been the chief reason for the sluggishness and . the probable downfall of wool values, -the financial situation is also a factor. Banking interests have curtailed their loans to such an extent that mill interests are likely to go very slow about taking on nign priced raw materials, t - r . Tba First National bank of Boston ad vims re- carding' the wool situation: . , ; V "Buyers In the 'wool ' markets of the . world are operating with leas abandon, and tha convic tion that a lower level of prioea ia inevitable seems to have become more general. :: Now and again of late tha demand for choice fine staple wool haa cropped out t with unabated farVer, bat even la fine wools there has been s crowing disposi tion on the part of buyers to await tba market. Thus, in London. the keenness i noted in the March series haa been lacking in tha aeries which has just closed, ail classes, except -tha choicest merinos, atwwing declines of 5 to 10 per cent. Cancellations that have ' occurred to certain classes of good, have Indicated a lessening buy ing power, which has been conceded in the hor izontal price reduction of 20 per cent by some department stores. In conjunction - with these developments, sot to mention dear money rates, manufacturers hare been asked to grant further wage inert s sis, tha minimum demand being for It H per cent from May 21. i .'Buying Has Decreased - "Wool merchants have been taking soma of tha fine and fine medium clips out of the early shearing western states, for which they have been paying tha full parity of the eastern mar ket in some instances. Buying has decreased con siderably in the past two weeks. In the foreign primary markets there haa baan little chanca. Rag Men Grab Profits That Wool Growers Should Obtain ' The condition of the wool market, which has caused a cancellation of the sales In this city June 14, is attracting much attention to the rag Vnarket situa tion, which , is 'considered the cause of the downfall in virgin fleece.' ! ' United States Consul Petrfval Garnet. . Writ ing from Leeds, England, gays: -i "The prosperity of the woolen rat trade was much greater at tha close of 1919 than , could have been expected even six months before, end the rag and shoddy industries sre stitll. among the moat lucrative in Great -Britain. - "At the- beginning of 1919. the situation caused by the ending -of the war caused, seri ous forebodings, Immense stocks of rugs, prob sbly larger: than at any previous period, were being held, and the aigning of the armistice was followed by a decline in tba varus of snany c lasses of , them to the- extent of 30 or 40 per cent. It - wsa considered certsm that as . the armies were demobolized the production of cloth, rugv and blanketts for military use would rapidly decline sad very soon cease, and -that large im portations of rat would follow when sufficient ton nags waa available after tha cassation of hox tUitiev v .. - - - "The first factor by which anxieties were re lieved was the action of the government in pro longing war work-! after- the 'necessity for it had passed.- This was most welcome to .holders of stocks of woolen rags, which in some eases had fallen to a value below mist price. "Before the war the export trade in pulled Northwest Potato Acreage Is Smaller Than Previous Year A decrease of approximately 1 12.000 acres Is quite probable in fthe potato acreage of the three states Tpf Oregon, Idaho - and Washington this : season aa compared with a year ago. 1 ' Figures compiled ' by Tba Journal of ares already planted and acreage that is scheduled to be planted places tha total area in the three states at 1 1 9,0 0O acres compared with 131,000 acres a year age-- - :- - - The losses in aereage are - almost uniform In the ' three states, indicating a general labor shortage for " planting, . The condition of the early planting is unusually favorable 'and if ttua la continued during the , remainder : of tha green hides. 2c par 4b. less: hair slipped udss. oue-third less than No. 1 hide. . . .. . . Calf and Kip Skins ' No. 1 trimmed calf skins (up to 18 lbs.) 80c; No. 1 trimmed kip skins (15 te 30 lbs.), 20c: hair alipped skins, one third less than No. 1. akiss,, : - .: t -. Dry Hides and Sklne l- Dry flint hides 17 lb. and up. 26ct dry flint bulla,, 17c; dry flint calf skins (under . 7 lbs.). 36c; dry salt hides (7 lbs. and up). 20; dry salt bulls, 14c; dry salt calf skins -(under 7 lbs.) . 80c; dry cull hides and skins, half . pries. - . tterse Hides . ' ' Green or salted Large, wail takes off hides, 86.6-0; pony -and Omsll hides, 33.56 r dry horse hides, 81.50 to 33.0O; bides with heads off. 60a less; bone hail hair, par lb., 25c; horse hair, per lb.. 15c MOHAIR Nominal; lost staple. 88 040a lb.; short staple. 25c per lb. TALLOW AND GREASE No. 1 tallow, 9e;-No. it. So; No. 1 grease. Te; No. 2 grease. 6c per lb. Walla Walla Ia Expecting Big Crop ; -Wheat This, Year Walla Walla. Wash,, June -12. Wheat crow ers of the Walls -Walla valley and suvoundiag aula ere jubilant over the piuapecls for a hamper wheat crop which the 12-hour rain of Tuesday afternoon and wreriing brought. "It la worth s million dollars," said Ban Grote. a 10,900-eore wheat rancher of the Eureka Flat district. Other farmers want oa to state that never before to yean' had they sees so general and continued a pracipitstioa at this late date to the spring as -visited this ration this week. More than -two-thirds of sn iaoh of rain fail, according to official weather bureau figures, and even tha highest dry land sections are at present a thoroughly moistened ss they were ix weeks ago. Practically all the farmers of this region ara of the opinion that.- with aa even break ingtoa will produce more thss the average yield oi wbeat per acre this year . PROSPERITY rags or shoddy m tne msjung oi cigin into clothing as a substitute for virgin wool. It is true that a very liberal surplus of wool is held not only in the United States, but throughout the world. That this Is due to an overproduction of wool is- scarcely likely. It has been the increasing use of shoddy by manufacturers and tne general cheapening of the quality of their product despite the extreme prices asked that has forced a surplus of wool in face of the -well known fact that the world today is not producing a sufficient volume of virgin fleece to take care of the current demands Of commerce. Growers Are Much to Blame The wool grower is almost as much to blame for the present plight of the fleece market as are others. In this state the Oreron - Wool Growers' association has repeatedly except that more activity fa the neglected low grades Is reported from the River Platte for continental ' account, and tha "market there Is somewhat firmer. The 'Australian growers nave rejected the proposal that tha 1920-21 clip be voluntarily pooled next season ( British control eeaainc June 80 next) and Premier Hughes of, the commonwealth now suggests that no exports of the new elm be made until October and that colonial wool auctions be suspended in . London from September 80 to May L, thus allowing the Australian growers to dispose' of theis next, season's clip without competition. Needless to say, tha suggestion baa not been well received in London. Sir Arthur Goldfinch, British wool controller, pronounces tha plan unworkable, al though be intimates that a plan of rationing Aus tralian. Cape and government owned wool might be considered favorably. ., "On March 31, according to the government's Quarterly census, there were 664,000,000 pounds of wool, greasy .equivalent,- in the United States, as compared with 4124,000.000 pounds Deeem- kber 81. 1919. and 648.000,000 pounds March 81, 1919- This would be about a year's supply of raw materials in normal tjmes, and would go a long way toward supplying a consumption even as crest aa that of March, of nearly 68,000,000 pounds, or about 800,020.000 pounds, greasy equivalent, per annum. - How . far tha growers will be successful remains to be seen, but the present tendencies ia the market appear to be against them." - rags (shoddy) was a flourishing one. One of tha best yesrs wag 1913 when the exports amounted to 6642 tons. Principally because business with Italy 1 waa continued by Great Britain, exports frran here of pulled .-''rags ranged between 1785 and 2679 tons from 1916. to 1917. In 1918 they were less thaan 89 tons, but in the. first 11 monthts of ,19 19 they rose to 8660 tons.-" - ; - "The following' comparisons ' between " rag values; in - December. 1919. and 'the .maximum controlled 'prices in December, 1918. and pre war:, rates, may be of interest. The prices stated below are per; 100 pounds, the pound sterling having been cob verted to dollars at par: June, 1914. Decem ' ber. Decem ber. , 1919. GRADE."--- 1918. Per 1 00P er 100 Per 100 pounds. nounda. pounds. New black worsteds.'. . New blue worsteds.-. . . New black aerges. . . . Old black worsted. . , Old blue worsteds...., O'.d bWef serges Old dark fray cloths.:. Best black Berlin stock ings '-. Best colored stecAbxga . IWt - tun .tMVinM 317.48 958.64 503.57 90.40 56.54 65.24 4?5.24 34.80 17.49 17.. 49 66.64 45;75 80:45 30.45 12M8 6.44 6.00 4,78 80,45 17.40 8.91 19.87 13. 06 11.74 57.75 63.50 Tl . 91 54.44 60.89 60.80 39.14 43.49 64.44 59.81 30.46 Best black coarse stock- nits Black merinos..,,. Blue merinos..... 10.22 6.22 6.34 31.61 season, the , shortage in aereage will net be felt. : Last season the acreage in the three states was one of the heaviest known, but the production peracreage was one of the smallest. This year, with a decreased area planted and with a -continuation of present crop prospects, the three states will gather in as mueh, if not more, carloads--of potatoes than during 1919. The potato acreage shows in detail: - 1920- 1919 Oregon 30,000 . 43.000 Washington : 60.O00 55.000 Idaho 30,000 33:000 " Total ' for- Northwest. Los for 1920 .. . .. . .119,000 131.000 . . ' 12.000 Umatilla County Expects 5,000,000 Bushels of Wheat ' Pendleton, Juno 1 1 2. Frre million bushels of wheat to Umatula county Is tba prospect for this year as estimated by wheatgrowen. Their optimism results from the recent warm, heavy rains, followed by bright, sunny days. The plants have grown rapidly in the past week snd sre now waist high in places, with the gram beading out) snd beginrnng to fin. Forty bushel wheat over a large section of the reservation and land north, of Pendleton, is predicted. -Laot year tha yield in these districts waa between 30 and : 85 bushels.' . The har vest, however, will be lata, owing to backward spring weather, end farmers do not expect to get under way until August 1. Light lands west - snd south of PWTietoo have bees : meet . benefited by the rains, snd they will produce far . better than last year. Tba 1919 crop was nearly 4.600.000 buabeia, PACIFIC COAST BA1TK STATEMENT ; Portland Banks . Clearings - This week. Tear ago. Monday -,,.. 7,072,T1. 8.24.790.87 Tuesday .... 5,678.76.9T 4.853.511.75 Wednesday .. 6.149,433.29 ' 6.178.301.78 Thursday ... 6.317,88.87 . . 6.424.922.05 Friday ...,:- 5,580.107.89 - 4.806.002.43 Week . . ... 83.864.903.S1 80 J0.82a.l5 Wednesday .. 85.884,903.91 . 30,906.822.15 ... ,- s . ' . v;-. . -. Sen Francises mint . Ossiiacs Saturday... 822,700.090.00 - r-r- Lea Ansalse Banks -Clssrmts Satarday . . ....... .314,070.693.00 - aaatti Bank Clearings Saturday ...i....S T.501.S88.0O Balances Saturday ......... . 1588.578.00 -i- Spoksne Bank' . CI ra rings Saturday . , . , . , . $ J.3 1 8.934.00 Bslanres Satarday ... , . . . . . . . . 900,019.00 Sweden's only coal region ia estimated to contain 300,009.000 tons of f ueL OF THE RAG COOS CHEESE MEN JOIN THE LEAGUE Organization Says Vo Attempt Made - to Fiorce Tillaznook Into the Fold of Orfeanlzatlon. . Denial that the Oregon Dairymen's league has made - concessions to Tilla mook to force its entrance into, that or ganisation is made by M. S. Shrock, manager. , - A report was current in the trade both here snd at San Francisco to that effect. Mr. Shrock says:-' '. v -v . "Let me emu re yon that no part of it is true The- Tillamook people have s splendid marketing organization, to which - we have re peatedly pointed with pride. Their organiza tion is much older than oars and. consequently, has achieved greater success than ws have dona to date. Tillamook has its field and ws have ours.. Ws believe in their organization and they believe la ours.- - If the time ever comes when it will be to our mutual benefit to unite, such a onion can be brought -about amicably snd - with the same friendly feeling that has always existed between the two organisations, whose aims are the same - - - : : "In regard to the Cooa Bay interests to which yon -refer, let me explain that upon request of the Coes-Curry association, received two months sco, we attended three of : their meetings and explained the plan of our organisation. After full discussion, they unanimously decided to af filiate with us snd. according to the latest re port from the chairman of their organization committee. 80 per cent of their members have now signed our regular marketing contract and are a nart of our organisation. "No o verm res or concessions were ever msde by - onr organization to any dairyman or body of dairymen. - Our organisation is purely co operative in principle and in fact.. All members are received 'on an equal basis snd sign the con tract voluntarily.' Sharp Rally Late ; ; In Day; Shares - Close Near Top New York.' June 12. (L N. S.) -The stock market closed steady today. Nearly all leadinc iatuee mada sharp rallies in the last five minutes and closed near the top of the day. - Government bonds unchanged; railway, and other bonds, irregular. ' Furnished by Overbeck fc Ceoke Co., of Trade building: Board DESCRIPTION: Alaska Gold .... A His . Chalmers.. . . Alloy Steel .'. . . . . Am. Agr. Cham. .,. Am. Beet Sugar. . . Am. ; Can, e . . . . . Am. Car Fdy..... Am. Cotton Oil.... Am. IL A Lea., e. Am. Int. Corpo . . , Am. Linseed, c . . . . Am. Loco., e. . ... I Open High Low I Close ..... 1H 38 39 H 38 88 H .... ..... ...... 42 H 87 8TH 87 87 91H 91H 91 91 - 41H 41H 41H 40 H 143 H 143 H 143 . 142 H 44 44 44 44 18H 18H 18 18H 87 88H 87 H 88 98H 99H 98H II H 24 H 24 H 24 234 61 61 H S0H 61 89 40 39 H 89 H 125 125 H 125 , 125 89 89 i 89 89 H 94 H 94 , 94 H 94 H . . . 226 08 58 66 67 103 H 103 H 100 H 100 H . ..... 12 67H 62 H 56 . .. . . 79 H 79 H 79, 78 165 H 165 H 165 165 119 H 120 118 118 314 81H 81 81 93 H 93 92 93 118 119 117 117 ..... ..... i.... 12 .... . ..... . 70 30 80 30 30 ............... 88 113 113 118 112 69 69 67 68 44 44 43 '44 108 H 103 102 102 62 , 62 61 51 - s'- e ev.e ' 9 4 ............... 21 82 82 81 81 70 70 70 70 16 16 -16 16 81 81 81 31 66 . 66 66 , 56 84 34 , 84 83 . . . . ; . . SO 94 95 94 94 14 8 158 148 '" 151 83 83 S3 83 56 66 56 53 61 61 51 51 6 5 4H 4H 10 10 19 10 11 12 11 11H 84 f 34' 'S3 83 12 65 66 65 66 .: ... 141 25 25 25 'J? .1... 61 86 36 35 H 35 H 69 H 69 H 65 67 ..... . . .. . 28 . - ." 60 . - . . 43 ..... ..... ..... 81 90 90 88 89 63 63 62 52 -78 78 76 77 134 184 133 133 82 82 32 82 89 90 89 89 18 , 18 . . 17 17 ..... ..... ..... 16 ..... ..... ..... 105 27H 27 27 27 80 81 80 80 72 73 ! 72 72 79 79 79 78 ..... 43 ............... 22 I 29 30 . 29 29 181 1831 180 181 59 H 20 H 20 20 H 20 43 44 43 H 43 25 25 24 24 41 41 40 40 78 78 78 78 12 12 12 12 29 29 28 29 ; 98 8 68 67 69 '86 '- 8 85 85 - 11 i 71 66 67 38 '38 88 38 194 104 103 103 38 89 38 88 ..... 87 52 63 51 SI ..... ....y ..... 16 ..... ...fV.jr. 66 101 101 109 100 H 110 111 . llfl 119 17 17 17 17 . 99 100 90 100 ' 83 85( 84 84 116 116 115 115 94 4 94 93 94 83 83 81 81 S1 86 35 36 82 32 82 82 67 67 67 . 87 92 93 92 . 92 23 28 23 28 77 79 77 76 H 72 , . . ....... 71 H ..... ..... ..... 74 24 24 24 24 109 109 109 109 10 10 10 10 "48 48 48 48 " 41 41 H 40 40 71 71 - 70 70 14 14. 14 14 114 114 112 113 28 28 28 27 66 66 65 65 . -i . .. . .. . . . . . 200 y, 97 97 95 96 68 68 58 68 94 95 94 94 ..... ...'.. ..... 105 70 70 70 70 82 88 81 81 7 23 23 23 23 ..... ..... ..... 83 ..... ..... 49 53 84 - 82 54 - 20, 20 1K 1 68 68 68 66 Am. v Ship Jk - Com. Am. Smelter, c . . . . Am. Steel Fdy.. . . Am. Sugar, c. . . . Am. Sum.' Tob. . . Am. TeL Tel.. Am. . Tobacco ...... Am. ITob. Secnr. . Am. Woolen, c . . . American Zinc . . . . Ana.' Mining Co... Atchiran, c . . . . , At- Gulf tc W. t. Baldwin ", Loco., e. . Bait. St Ohio, e. . . Bethlehem bteel, B. Bosch Magneto ... Brooklyn Rapid T. CaL Packers' Asm. val. fetroleum, - c - - dc . pf d. Canadian , Pacific Central Leather, Cerro da Pssoo Chandler Motors Chea dc Ohio ., Chi. Gt Western, c no. ptd. i . . , C. M. eV St. Paul. Chi. it Northwestern Chile . Copper y Chine Copper . Colombia Gas A. E. Colo. Fuel it Iron.. Consolidated Gas . , Corn Products, c . . Crucible Steel. C. . Colum. Graf ophone . Cuban Am. Sugar.-. Cuban Cans Sugar. Denver A B. G., c ao. pia. ...... Erie, c. , do 1st preferred. Fiske Tire ....... Gsston Williams. . . General Cigars .... General Electric. . , General Motors.... Goodrich Rubber . . Gt, Northern Ore . . Gt.f Northern By. . Oreene Cananea. . . Gulf States Steel.. Ice . Securities . . . . . Illinois Central.. Industrial . Alcohol . . Inspiration Copper. International Paper Intern 1 Harvester Int. Mer. Marine, c do pf d. ....... Int. Nickel ...... E. C Southern, e. Kelly - Springfield. . Kennecott Copper.. Keystone -Tire'. . , , Lackawanna Steal. . Laskey Kara. - Players Lehigh Valley. . . . . Maxwell Motors, c. Middle States Oil. . . Mex. Petroleum . . . Montana Power ... Miami Copper- , . . Midvale Steel ..... Missouri Pacific, c . Do preferred . . National Lead .... Nevada Coos.; ... New Haven ...... N. Y, Air Brake. .. N. Y. Central. ... . Nov. it Western. . , Northern Pacific . . Okla. Ref. de Prod. Ohio Cities Gas. . . Pan.-Am. : Pet. e. . Pennsylvania Ry. . . Peoples Gas . . . . . Pierce Arrow . . . . . Pieree Gil . . . . Pittsburg CoaL e . . . Pressed. Steel Car, c Pullman ........ Ray. Cons. Copper. Ry. 8teel Springs. Reading, c- . . . . Royal Datch . . . . Hep. L S-.C... Retail Stores . ... Rock Island,: c . . Sinclair Cons. ;.. Slam Sheffield ... South Pac . - . . . South. Bly.. e. . ; . Strom berg Motor . Stndebaker, c . . . Shell ... ,. . . . .. . St. L. 4 San Fran. Swift dc Co. . . . . . , Tens. Copper . . Texas Oil Texas Pacific . . . . Tobacco Prod.;.... Trans. Oil ... . . . . Onion Pacific, c . . Cnion Oil of Dela. I'nited Food Prod. Tnited Fruit TJ. 8. Rubber, e. .. ; U S. Smelt, Ac Ref. TJ, S. Steel.: & ,., - do . pfd. ...... titan Copper . . Vanadium,. Steel . , Wabash , Wabseh, A -. . . . . . Western Union .. . Wast. Electrio . . . , White Motors . . WiDya Overland . . Worth ingtori Pnran Total saias. stocks 362.000 shares: 85.835.000. -. - . Weekly stock sales. 2.614)00 share! ; $84,430,000. . bonds. Embargo ea Weels From Algeria , Commercial Attache Huntington - has cabled from Paris. June S, - 1929, that s decree of June 1.- published to the Journal Official for June 2, 1920, prohibits, from the date of pub lication, the exportation or reexportation -of wools, raw and -oa 'the. skins, snd waste Word from Algeria to foreign countries except aader MEN LIVESTOC TRADING IS ON STEADY BASIS Xorth Portland Values Arts Gener ally TJnchanged. for ttwo -Ierlod---Recelpt Are Normal Here. PORTLAND LIVESTOCK RUN Hogs. Cattle. This week .... 4065 -3276 169 4786 Week ago ....... 3888 3147 862 4792 2 weeks sgo ..... 4198 3034 359 6072 4 weeks ago ..... 8898 1572 189 44 84 Year ago 8326 2590 195 4729 2 yean ago ..... 2977 2674 94 6558 8 years sgo ...... 8584 - 590 92 5188 4 yesrs ago ..... .7078 2068 60 4444 Total run of livestock at North Port land for the .week' included 182 cars, compared with 180 last week. 185 two weeks ago, 113 four weeks ago, 155 year ago, 17S two years ago and 77 cars three years ago - for . the same period. Hogs " were steady, cattle steady and sheep steady to easy. - , It is noticeable that receipts In the hog alleys during . the last few weeks have been rather steady.' Little change in tha volume of arrivals has been shown during that period and thia has enabled the trade to hold rather well. All through tne wee tope in tne swine, alleys ruled at 915. General hot market rants: : ' Prima mixed ............ ..815.00 15.00 Medium mixed ............. 14.60 15.00 Rough heavies , 10. 00 11. 00 Pigs 11.00 13.00 Smooth . heavies ............. 11.00 0 18.50 . Oottie Trade Holds - Similar conditions sre shown to regwd to cat tle receipts and the market here. Trade during the. week waa almost urdformaOy steady, there being no change in conditions or the price- dur ing that period. The sale of a lot-of California Crassers of quality at the same prioe aa fed a run was toe big feature. : - General cattle market range: Best beef steers ............ Sll.7S912.25i pvvi stasis :....... Good to choice steam ........ Medium to good steers-...... .' Fair to good steers ......'...' Common to fair steers........ Choice cows and heifers....... Good te choice cows and heifers. Medium to good cows and heifers Fair to medium cows and Heifers. Cannera ................... Bulls , i . .. . .............. Best light calves Medium eslees .........4.... Heavy calves ............... Blockers and feeders.......... j l.vo w it. og -10.60 911.00 .50 e lO.SO 8.60 9 9.50 7.50(4 8.60 9.50 10.25- 8.50 9.50 7.50 8.50 6.50 9 7.60 4.00 6.60 6.00 8.50 12.00 013.50 8.60 911-00 6.00 9 8.60 ...... 8.009 8.60. Ho Chanee fn, Sheep T-dka the other markets, the trade in sheep showed a steady tone generally for tha week at North Portland, i No general chance in values was shown, istelpts - beuxg practically the asms as last week. - General sheep sad, lamb rears: Spring lambs ............. .811.509 12.00 Cull iambs ................ , 8.00910.00 Yearlings 7.00 9 8.00 Wethers 6.009 7.50 Ewes 8.009 7.09 Disposition or Livestock Following was the disposition of livestock at North Portland for the week: Cattle , Adams Rros ....... 66 T. R. Hewitt ...... 151 Fsirchild ........... -20 Swift . ... 1193 GUI - . - ........... 41 'Hogs. Sheep. 288 a w s -a w a 1935 2280 81 , 155 157 68 253 .... 62 453 898 - 2281 2597 6774 Howitt - ............ Sterrstt ....... .. . Schlesser ..... i .. . Feeders, Washington. Feeders, Oregon.... Miscellaneous ...... Totals .1965 Dealers Say Wool . ' Growers Overstayed The High Market ' Boston. Jane 12. Wool trading in Boston is confined to small lota as needed by manufac turers. Nothing is being done in the way of corns ring future needs.. Matters are at s stand still to all Western primary markets. A mod erate .volume of consignments is reported, but advances have bees, cut sharply. About 25 cents 4 pound appears to be the top on the best clips' snd less thanr this for inferior. Possibly the fee ling, along Summer street is not Quite ss blus as it was a week ago, but the situation ass not changed materially. .' ' A universal waft is heard from the wool grow ing sections ofthe country regarding the failure of dealers te show interest in the new . clip, es pecially becsass buyers have not tone to - the points selected for pooled offerings. Moat' of the buyers have coma home and those left in the field are attending to the shipment of tha little wool bought or - taking cars , of consign ments. Evidences 'multiply that growers have ' ever stayed the market. In the face of current de velopments wool men In various sections ara being urged to -hold their elipe indefinitely. ' Receipts for the week were: Domestic. IE. 394. 200 pouiieds; foreign. 3.600,100 pounds. Chicago Grain Market , . -. CORN - ' Open. High. : Txiw. Clbsc July .. 174 175 170 .171 Sept. 163 164 161 162 - . OATS July ....... 107- 107 101 101 Sept. ...... 8 ' 87 83 . 84 PORK . - July ....... S460 8460 8450 8450 Sept. ....... 3586 8586 3570 S570 LARD July ....... 2080, 2083 2077 2077 Sept. 2177 2177 2167 2167 RIBS July .....ii 1885 1835 1882 1885 Sept, .. 1920 1920 1917 1920 FOREIGN- EXCHANGE RATES j -Corrected dally by foreign exchange depart- for bank trim? actions : Cables . Parr Transfers, ' Vslua. 8.94 S 4.8665 .7.60 5.1826 2.63 23.82 ' 6.52 6.1820 17.00 26.85 . 17.80 26.rS., 21.90 26.80 73.00 .... 61.25 43.30 tr 9 e Drafts : Checks. London Pounds sterling 5 8.94 Paris Francs. 7.57 Hamburg-Berlin ; Marks. . . . . 2.63 Genoa Lire.. 6.51 . . 16.90 Cbnstiania Kroner.... 17.70 Stockholm ; Kroner.... 21.80 Hongkong . - Currency .. 74.50 Yen 61.00 flhsnghsi ' Taele. 98 - Survey's - have indicated . that more than 250,000 horsepower can be - ob tained ifrom hydro-electric development in Transcaucasia, tbe streams of which now are yielding less than 7000. -. IT OFTEN HAPPENS that buyers of unlisted stocks pay too much and sellers receive too little unless they know where , to buy and elL OTJR UNLISTED. SEXJUKITI DE PARTMENT makes a special effort to obtain the best price 'for our clients ' and post them on values. Herrin&Rhod stocks; and Bonds Established 18 BAIL WAT EXCHASGE BUILDI ' Members Chicago Beard ef Trade Seattle Portland Tacoma Range in Prices of Liberty Bonds and Victory Notes During the Past Week OFFICIAli CLOSING PRICES Liberty Js." 1932-47.............. Liberty 1st, 4s. 1938-47.. ......... Liberty 2d 4s. 1927-42..... ... Liberty 1st 4s, 1932-47.......... i.iDerty za 4s, 1827-43........... Liberty 3d 4s, 1928....;........, Liberty 4th 4s, 1933-3S. ..;..... Victory 3s, 1922-23. ., Victory 44.8, 1922-23 Dead for 55 Years, He Visits His Sister Kalamazoo, June 12. (I, N. ' S.) Listed officially for 65 years as "miss ing in acUon," William Wood manses of Kentucky has arrived in Kalamasoo to visit his sister, nfrs. Jeanette Harrison. The two had not met since he left with a Kalamazoo company for the front in the autumn of 1864. " Five of his brothers-were killed in the. war, and a sixth, who served throughout the war, died a number of years ago. Woodmanses has just filed an application for a pension. After the war he married a Kentucky girl and settled on a farm In the Blue Grass state.' - Auto Thefts Blamed On ; Court Leniency ; Indianapolis, June 12. (I. N. S.) Re sponsibility for the wave of automobile thefts with which the state Is beset was laid directly to the lax state courts, the state' pardon board and Governor James P. Goodrich by Judge A. B. Anderson in federal court here. Eight defendants, most of them -mere boys, faced the court on charges of stealing automobiles and transporting them from Indiana to other States, or .vice versa. War Nerves Newest "Jatf London, June 12, tL N. S.) The new est jag" is war nerves. -And -it isn't punishable. War nerves tend to give a sober person the appearance of being drunk. Magistrate Leycester warned the police when they brought In a driver charged with driving a car .while drunk. "Ine man was discharged.- ft TAX EXEMPT BONDS tourer, 'History Repeats Itself NO DOUBT majiy people are go ine on the belief tbit times "Will always be "good." They pro ceed on the theory that plenty now means plenty for the: future.- But unmistakable signs irf the financial skies clearly indicate the utter fallacy "of this .conclusion. . Save anil "invest'' is the only safe way td" provide shelter from the inevitable storm of reaction 0a e O a Portlasdsrm, provide yosr own luscheon dsr- Onrine ajUggeSUOIa lag the eoSTcaUoa asd thss legtea the eaUsg , . .. : . , ;. problem. . Morris Brothers CaBtTM. : IOmHauom 4wpotvas Iw'TmteKuTvctpaSond'house BTsrrls Bldg- 899.11 Stark St Bet. Tift asd StxtB Teleahose Broadway 811 ..BONDS FEDERAL TAX, EXEMPT Preferred Stocks NORMAL TAX EXEMPT To Net 6 to 8 Robertson & Ewing Government, Corporation. Municipal Bonds 207-8 .Northwestern Bank Buildin BakB onids DenominnUons i$100 $200 to yield 7 . Income Tax Exempt Call or write for details . .- r . FREEMAN Smith Camp I CsSswwCw 1. Tues. Wed. !Thur. I KYI. I 91.60 I 91.80 j 85.00 85.00 f 84 60 T84.60 I I 85.10 85.46 I Sat. 9J.00 85.60 84.f0 85.65 88.7'J 85.40 95.93 95.90 91.88 85.10 8s. 10 86.50 85.42 9L68 86.40 85.10 86.50 85.40 89.40 85.70 95.40 95.50 91.80 86.10 85.19 86.10 85.10 89.20 85.50 96.60 95.60 84. 8 - 84.90 9.s0 89.64 85.20 96.44 95.46 88.64 85.40 95.90 95.90 8S.70 96.93 95.82 Timely Wit Saves Woman From Death "-Greenleaf, Kan.. June IS. L N1. S.) A ! hammer saved , the life of Mrs. George Robertson, wife of a farmer liv- , ing here, recentfy. While preparing to do, the family washing, the clothing of Mrs. Robertson became entangled in the , flywheel of a motor attached to her washing machine. Jerked to her knees by the rapidly revolving! wheel, Jlrr. Robertson's and came in contact with the hammer. Realising her danger she brought the hammer down, upon the motor's spark plug, smashing the por celain and "killing the engine. Camel's Hump Is Meat Fit for King Parts. June 12. (L N. S.V-After tasting ' lion's meat the gourmets of Paris are disdaining the usual run of beef and mutton and searching for more exotic food. Tbe fad of the moment is camel's hump, which, when delicately sliced and grilled over a charcoal fire,' makes a dish "fit for a king. Camel's hump costs $50 a pound. Chops and steaks of camel's meat are cheaper. about flO a pound. Liberty Bosd Sales sd by Overbeck dc Cooke On ) Open. Mon. High. Ijnw. C1oe. 9210 9190 ' 9200 . . -. . .... K-530 8500 8450 MAO 8570 8550 85,t 8504 840 MftO 8893- 88T0 8878 8660 8530 K.HO 9600 9500 9,0 9600 9500 0592 Liberty, 8s ....9190 Liberty, first 4 . . Liberty, 2d 4s ...8500 Liberty, 1st 4 Us .8570 liberty. 2d 4 V s . .8504 Liberty. 3d 4s..8870 Liberty, 4th 4s..346 Victory, ;4s ...9592. Victory, 3s ....9590 a Northwest ; Municipals ,rfM that i bound to follow the present era of abnormal conditions. History repeats itself and Just as bonds the best of Investments went up in price and down in yield following the Civil W-ar, so will they eventually react to the readjustments attendant upon the great world convulsion. Buy now is the soundest i advice we have. INC e irTiiwtf ir'iM..iM do not worr y the Investor who buys hizh grade listed stocks and bonds outrisht and , holds tbem lot pertnaw nerit profit. Tbe Ktiebei Pban at enerieisC st aa cesvesient ne-vaaent svasJce of won n good investor, will enactlae yovs to control new tin Urge a Mack of securities ss cowld coutrot on a cash basis. Yon ax au dsvadsads while paying. aria fla She 4rel -' ' rr rlan nf lirraii i ties. Ask us to senwd it to yon for six cantatas, Dept. 1. free i ( General 'fe WW ' BONDS McCexgar, Bates lively Yeoo SuUdiat Mala 168. A-224 trvasuMsl OtS QkMSVCS I CimVuwv f
