12
THE ."OREGON SUNDAY JOURNAL, PORTL ANI5, 'SUNDAY MORNING, JULY" 11, . 1S23.
E
FALL OFF
LAST FEW. DAYS
Coal and 'Copra' Cargoes Offering
Freely and Rates to West
Coast Holding Fairly Well,
Lumber charters have shown a de
cline during the past few days and
mil "and steam tonnage is not offer
ing at the rates quoted. Latest quo
tations on off-shore business for
lumber Is the motor ship Astoria, op
tion of Piiget Sound 'or the Colum
bia river at 1 20 New York delivery.
This charter was taken by C R. Mci
Cormick-& Co.
Rates to Australia and the West Coast
are holding fairly good for sail tonnage
as outbound, cargoes of coal and copra
are offering freely. Steam, tonnage to
the West Coast haa been fluctuating, as
has been trading to the Orient in lum
ber. , s -
All coast ports are surfeited with lum
ber and there has been a glut in the
market both on. the West Coast, Orient
and 'coastwise destinations. Yards at
San Francisco, San Pedro and San Diego
nave more lumber on hand than they can
: dispose of and . tonnage conditions on
the Atlantic side are such as to stop act
ive operations for the Immediate future.
-Congested conditions have forced the
mills and logging camps in the North
west to suspend operations for-a period
of 30 days. July 19- is. the date set for
the opening of the camps and mills.
WASHINGTON' MARINE SCHOOL
CADETS ARRIVE AT HILO
A cablegram. Just received, states that
the U. S. ship Vicksburg (school ship)
of the Washington State Nautical school,
arrived at Ullo, T. H., July 3 that aU
are well and that a pleasant voyage was
enjoyed. The Vicksburg has en board
a class of 60 nautical cadets enrolled in
this school from every part of the state
of Washington, who are undergoing a
two-year course of Instruction and train
ing,, preparatory to becoming officers in
. the American merchant marine. The
Vicksburg ; left Seattle May 8 and after
catling at several Southern California
ports, sailed from San Diego - for the
islands on June 18. She will call at a
few of the (principal ports at the islands
and after a two weeks' stay there will
sail for Alaska, thence to Portland, Or.,
and return to Seattle the end ; of Sep
tember. " . ' ' .:'.', j '
The Vicksburg spends five months dur
ing the summer of each year ons a cruise
to domestic and foreign ports. ; This is
required as part of the training given
In the school. For the remaining seven
months of the year the Vicksburg is
moored to a pier at the Universe of
Washington campus. Seattle, where the
winter schedule of studies is carried on.
-Admittance to the school is not diffi
cult to secure, but cadets are . enrolled
only once each year, this beingOctober,
and applications for enrollment must be
filed-as much prior to October as pos
sible. The age- limit is 17 to 21 years
and information and application blanks
can be secured on application to the sec
retary. Washington State Nautical
school, university campus, Seattle, Wash.
News of the Port
. Departure; July 10
- Coaxet. American steamer, for Orient, general.
Westwind. American steamer, for United King
dom, flour.
Bars No. 93. for San Pedro, ballait.
, . ,'marisk AUIAXAC
'.. Tides at Astoria Monday i
High water Ixnr wateV--36:17
a. in. ..6.1 feet 4:08 a. m... .0.1 foot
9:40 p. m...9.1 feet 3:84 p. ra...8.2 feet
At WElOHBofilNO POETS
Astoria, July 10. ArriTed at 1:80 and left
up at 4 p. m.: Steamer Col. E. U Urake. from
Kan Pedro. Bailed at-3 p. m.: Steamer Daiaj,
for Ran Francisco. i .-. t
Ran Francisco, July 10.; 'Arrived at T a. m.:
Steamer Silver Shell, from Portland. ? .
Cristobal. July 9. Railed: Steamer Bantu,
from Portland, for Kncland. . s
Hongkong, July . Arrived: Steamer Arc
turaa. from Portland via Puget Sound.
San Francisco. July lO. Sailed s at noon
Steamer Willamette, for Portland : steamer 11 x
tum, from Portland for Liverpool; t 1 p. m..
steamer tHty of - Topeka, for Portland, via. Eu
reka and Cooa Bay. i
WEATHER FORECAST
Portland and vicinity Sunday, fair; westerly
winds. Oregon and Washington Sunday, fair;
moderate-westerly winds.
LOCAL DATA : "
Portland, July 10. Highest temperature,
74
Ofgreea; lowest temperature, 08 degrees.
Hirer reading 8 a, m.. 18.6 feet. Chang
to last 24 hours, 0.1 foot
Total rainfall (S P. a. to t p. vn.), none.
, Total rainfall sines September 1. 1919. 83.83
inches; normal rainfall since September 1, 44.19
tnrhes; deficiency of rainfall since September 1,
1919. 10.86 inches.
Sunrise. 4:80 a. m. ; sunset, 8:02 p. tn. To
tal sunshine. 11 hours B minutes;-possible sun
shine. IB hours 82 minutes.
Moonris. 12:08 a. m. : moonset, 3:39 p. m.
Barometer (reduced sea level), 6 ps m.. 30. Oa
inches. Kelative humidity, 8 a. m.. 84 per cent;
: noon. 69 per cent; 8 p. m., 6S per acnt.
OBSERVATIOSS
Wind.
STATIONS.
IS
Direction
Velocity.
1i
m?
Baker .......
Boise
Boston . . . . .
t'algary . .
Chicago
Denver '
Ite Moines. ,
Kureka .... .
Galveston . . .
Helena . . . . .
Juneau . . .
Kansas City. .
1m Angeles , .
Marxhfteld . ,
Uedford ....
Minneapolis
New Orleans.
New York...
Noath Head.
Phoenix , .. ... .
Pocatello . .
Portland . .. ,
Boscburg . .
. Sacramento
St. Louis. . .
Salt Lake...
San Iheco. .
86
94
6
SO
T4
HA
82
86
86
8
0
9
0
NW
NW
W
K
K
8W
SK
N
SW
NK
W
K
8W
NW
W
SW
- 8
SK
W
NW
S
SW
NW
S
NK
NW
W
w
SB
(Hear. .
Clear. .
Cloudy.
Pt. Cloudy.
PU Cloudy.
Cloudy.
Clear.
Cloudy.
It. Cloudy.
Cloudy.
Clear.
Clear.
Clear.
.06
0
14
.20
0
0
.01
176
o
10
10
80
86
66
92
82
86
86
S8
.94
0
0
O
O
f Cloudy.
12
Clear.
Pt- Cloudy.
Cloudy.
Cloudy.
Cloudy.
Clear. ;
Pt. Cloudy.
Clear.
Clear.
Clear.
Cloudy; -
Clear.-
Clear. .
Clear.
Cloudy. ,
Pt. Cloudy.
Clear.
Cloudy. -
Cloudy.
Cloudy. -
Clear.
Clear.
It. Cloudy.
Clear.
.08
.01
110
0
o
o
o
- 9
.1:
o
o
o
o
0
o
o
o
o
o
o
0
0
96
16
LT4
84
90
83
70
79
56
62
lO
12
8at franciecoj
SO
Reattlf . .
1 Sitka .
Spokaaa
" Tseoma
ICalm
.12
90
66
86
SW
.... W
16 j SW
. . . . ICalm
L w
IS i NB
. . . .1 W
TstfMwIi Island
t V aides . . .
Walla Walla.
Washingtoa .
'Winnipeg ...
Yskim . ...
160
92
88
80
94
. I m. today; t P- m. report of preceding day.
Conditions at Moath of. Colambta River
North Head. Wash.. July 10.--Condiuoa of
the sea at 6 p. nv, smooth; wind west.
.'",. Bennett Gets School Post
University of Oregon. Eugene, July
10. II. Omer Bennett of the- Sutherlin
school , will go to Cot tape Grove next
year as school superintendent. -
I LI i , i B
II CHART
DURING
DID WHAT COULDN'T BE DONE
- ' nJ ,
ZMm0.
Ull at St. 3
Like the verse j which declares. "It
couldn't be done but he did it," is one
of the achievements Incident to the fill
ing of the site ' of the big municipal
terminal, on the Willamette below St.
Johns. "' - j . - '
, It was desired to" fill the property
which originally was near the water
level to a height Of more than 40 feet
above low water. Various means ware
discussed, but the idea of throwing the
IS HIGH AT U. OF 0.
Sixty-five Students at University
Receive No Grades Below Two
Highest Classifications. -
University of Oregon, Eugene, July
10.- Stxty-five students of the uni
versity received no grades below a
I or II, the two highest grades given,
during the spring term of this year.
Of this numjber 33 were women and
32 men. Seven iwere enrolled for
honors. Four received grades which
were air in class I, three being men.
To Arthur iHIcks jot Canyon City . be
longs the honor of having earned ' the
largest number of hours in Class I, 19.
largest numoer or nours in uiass jl, is, i
Leo Cossman lof Creswell is second with !
IS hours, J. f Real, Bain of Tillamook j
third with 1 hours. Miles McKey of
Portland fourth with 15 : hours, and
Elsie Scott of Bellingham, Wash., fifth
with 12 hours. f : j i
The complete list Of those with high
marks follows: f - ;
Mrs. Iv.i Pearl Almack, Kueene : Mil
dred Benson, i Homedale, Idaho: Laura
Carol Blood, Portland ; Rose Bothwell,
Oold Beach ; Helen Burke, Long Beach,
CaU : Lursle Copenhaver, Kugene ; An
nabel Denn. Roseburer : Mildred Dodds.
Dufur; Laura Duerner, Hillsboro ; Isar
belle Kidd. i Portland : Wave Lesley,
Philomath; Alice t Lighter. Portland J
Mary Lucell Morrow, Portland Jean-
ette moss, urant8, ra.sa ; Aiarte uoen
chain, Bly; Mary O'Day, Eugene ; Au
drey Perkinsj Springfield : Aurora Pot
ter. Eugene 1 Geraldlne Ruch. Eugene ;
Doris SawteH. Portlan ; Elsie Scott,
Bellingham, jWasn. ; Irva A. Smith,
Eupene : - L. . 'Evelyn - Smith. Redmond ;
Lexie Strachan, Dufur : Ulala M. Strat
ton, Eusrene J Alice B. Thurston, Eu
gene ; Marvl Turner, Eugene ; i Alma
Tracy, PortlSnd; Emily . Veazie, Port
land : Helen E. Watt, Portland : Pearl
M. Watts, Montpelier. Ind. : LeLaine
Weat. Portland ; Elisabeth Wnitehouse,
Forest Grove : Dorothy Gilson, - Glen
riale. CaL : Kenneth Bartlett. Estacada ;
Verl Bennehof f. Richland : Edgar Blood.
Portland : Verne Blue, Ashland : Ezra
Boyer, Rlckteall;; Robert Bradshaw,
Eugene: Arthur ' Br amley, Eugene ;
Eyler Brown, Walton ; Owen Callaway,
McMinrrville ; lan; Campbell Eugene;
Carl Clark, .Clarksville, -Texas : Leo
Cossman, Creswell ; Kenneth Armstrong,
Portland : ' Loran J. Ellis. Eugene ;
Oren Hays, Eoitene: Arthur Hicks, Can
yon City ; i William Hoppes. Salem;
James E. Ladd. Amity: John F. Ie
Cocq. Linden. Wash.; Marlon LeCocq,
Unden. Wash.; Miles McKey, Port
land ; Elwood B. Moore. Detroit. Mlch.i
Dean Moorej Eugene : Reuel Moore, Eu
gene Lynden L Myers. Albany ; Abe
E. Rosenberg. Portland ;- Webster K.
Ross, Dallas; Hubert O. Schenk, " Eu
gene ; Lionel Trommlitx, .Eugene : Read
Bain, Tillamook ; Raymond JH. Kinney,
Oakland, CaL; Carl Myers. Eugene.
Growers Acquire a
Plant in Sutherlm;
Two WiU Be Built
Salem, July 10. The- acquisition of
the plant of the Sutherlin Canning &
Packing association at Sutherlin. Doug
las county, W the Oregon Growers. Co
operative association was announced
Friday. The manner of the acquisition
and the consideration were Yiot made
public. The -Sutherlin plant, one of . the
largest In the state. Includes a ' prune
dryer; prune packing' plant, cannery.
lime-sulphur manufacturing plant and a
fruit juice plant. - ,
Contract has been let by the associa
tion for the construction of 4 24-tunnel
dryer at Carlton and for the erection
of a modern prune packing plant at
Forest Grove. i -
Meetings of the members of . the asso
ciation, in the Umpqua, Rogue and Wil
lamette valleys wilt be held regularly
throughout the summer, it was an
nounced. The directors of the 'associa
tion will meet Friday at Eugene to In
spect the new plant in that city.
U. 0. Gets $10,000
For Department
Of Social Hygiene
University of Oregon. Eugene July 10.
The United States interdepartmental
social hygiene board has announced an
appropriation of $10,000 to the Univer
CANYON ON YOUTH
sity of Oregon to aid In the establish
ment of a department of social hygiene.
The funds will be used to assist in the
paying of the salaries of the teachers
of social hygiene and related subjects,
for- expenses in holding health confer
ences, and medical examination of stu
dents, of sanitary surveys of the living
conditions of the students and for spe
cial pubik:: health lectures to be given
by authorised authorities in this field.
Law Library Grows
University of Oregon. Eugene, July
10. Through the generosity of Mrs. M.
P. Deady of Portland, the law library
of the university has received nearly
700 volumes from the library of the late
Judge Matthew P. Deady. - -
- : . .
; hi.
, r
ofuis Terminal
pipe of a suction dredge across the tract
was scarcely suggested. Operating a
suction dredge to such a height hadn't
been done. ! ' j-e-
"But we'll try it anyway," announced
Superintendent Palmer. The dredge
Portland was put on the job and' did it
Now Portland's dock officials are chal
lenging other ports to equal the record.
The dredged material through the suc
tion pipe was lifted 43 feet.
MILL HIT -
BYS120.0Q0 FIRE
Main Building of Willamette Val
ley Lumber Company Sawmill'
' Destroyed by Tlames. ; 1
.'Dallas, Or., July 10. Damage to
talling $120,000 to the plant of the
"Willamette Valley Lumber company
occurred here at noon Saturday,
when the main building, containing
the sawnlll, was destroyed by fire.
The loss Is well covered by Insur
ance. The mill will be rebuilt at
once, according to George T Ger
linger, president of the company.
, One hundred men have been temper
. - , . .
&rlly thrown out of employment by
the fire.
; The firs started in the slab conveyor
while the mill was shut down for lunch
and is believed to have been . caused by
a hot box. When first discovered ; it
could have been extinguished i with a
bucket of water, but it spread so rap
idly that men In the building had dif
ficulty in escaping. The fire "was so
hot fireman could not approach the
main blase close enough, 'to throw
water upon It : and confined themselves
to saving the huge piles of logs and
finished lumber and the other build
ings. .' .',
The . plant Of the Mountain States
Power company, which supplies Dallas,
Monmouth and Indpendence with elec
tric current. Is close to the Sawmill
and for a time was threatened with
destruction. The car shops and round
house of the Southern Pacific were also
endangered. The burned mill was Dal
las' largest payroll industry and had a
daily capacity of 100,000 feet.
Foreign Students
To Be Directed to
Smaller Colleges
University of Oregon, Eugene, July 10.
An attempt is to be made during the
coming year to direct foreign students
to the smaller first class institutions of
higher learning . throughout this coun
try in. preference to those of larger sise,
according to Stephen P. Duggan, director
of the Institute of International Educa
tion. - a visitor at the University of
Oregon. -.: vt j , ,,' ? . ; -. , :;-'.v
He feels that the foreign student, in
attending only the large institutions of
the country, falls to appreciate the
American 1 ideals, such as could' be
gained by attendance at a smaller In
stitution located in a rural districC'
Students' international, relations clubs
are to be started in f practically every
college and university in the country.
he said, and .have already. 'been formed
in a hundred institutions in different
parts of the' country.1 Another aim of
the institute is to Induce the exchange
of. professors . and students among the
Institutions of this country and those of
foreign countries. According to Duggan.
about 20 professors from institutions in
this country will be exchanged with for
eign institutions next fall.
Elks in Service of
State Will Enter a
Float in Big Parade
Salem, July 10. Elks who are ' em
ployes of the state -wil participate in the
big Elks' parade here during the annual
state convention of the order July 22-21,
entering a. float bearing: a replica Of the
state bouse; according, to plans adopted
at a meeting "Saturday. More than a
score of the an tiered herd are employed
in the various state departments here.
Every day is to be "ladies' day dur
ing the . convention, , off iciala say. i A
number of functions are planned In honk
er of the "Mrs Elks," including golf and
tennis contests, bathing and sight-seeing
expeditions, in and about the oity,
and, visits to. state institutions.
A'T reception " committee composed of
Mrs. W. Carleton Smith, Mrs. George
H. Burnett, Mrs. "W. S. .Walton, Mrs.
Ben W. Olcott, and Mrs. R. E. Lee
stetner will be at the Elks' building
eacn aay. - - .
Summer Session Students Sing
University of Oregon, Eugene, July
10. A community sing of all - students
of the university summer session was
held on the Oregon campus Thursday
evening. led by Mrs." Anna Landsbury
Beck of the school of music '
." Paradise Inn Will Open Monday !
Announcement was received Saturday
night from the Rainier national park,
Ashford. Wash., that the Paradise val
ley road has been cleared of snow and
will be opened to Paradise Inn Monday.
All cars will be supplied with gasoline
for the round trip
DALLAS
BRIEF IN BEHALF
OF SINGLE TAX ACT
; IS SENT TO SALEM
Measure Will Be Voted on by
People of Oregon at Coming
Genera! Election- in November.
- Argument in favor of the single
tax' proposition, which is to be voted
upon by the people of Oregon . In
November, has been forwarded to
the secretary of state to' be published
In the official election pamphlet, J.
R.' Herrman, wh,o supervised the cir
culation of petitions fori the Oregon
Single , Tax league, forwarded the
document, which is signed by Chris
tian H. Mock -as secretary -; of , the
league. The argument la as follows:
The statement of the case for the single
tax Is set forth, in the following from
Henry George's "Progress ahd Poverty
. . "The simple, yet sovereign remedy,
which will raise wages. Increase the
earnings of capital, extirpate pauper
ism, abolish poverty, give Remunerative
employment to whoever wishes it, af
ford free scope to human powers, lessen
crime, elevate morals and taste and in
telligence, purify government and carry
civilization to yet,, nobler .heights is
to appropriate, (ground) rent by taxa
tion' , ' I
That wages will be raised i is shown by
the following excerpts - from "Unused
Democracy," a booklet written by Harry
H. Willock. a successful business man .of
Pittsburg, Pa.: s .
IXUCTUATIOX OF WAGES
"Wages the price . of ; labor must
fluctuate exactly as labor is plentiful
Or scarce, but. we do not always see the
comparatively- small percentage that
makes surplus or 'shortage
"A difference of 10 , per i cent in the
available labor supply is all the differ
ence between high and low wages for the
worker, high and low buying power for
the people and between high, and -low
profits for the employer."
-" "Thousands of men In industry would
go on the - land 'with their; women and
children, many of whom are now doing
industrial work ;- this would lessen the
labor pressure and give better wages to
those who remain in industry."
V "Jobs would be permanently' plentiful
and workers, as long "as free land re
mained, would be - permanently scarce,
with resulting high wages and steady
employment for workers and good busi
ness with good profits for employers in
supplying the. increased - demands of a
people with a much greater per capita
buying power than at present." A
"The success of the 'own ' your home
campaign would be assured, while at
present it is largely nothing but a dream
for the great mass of Americans, 60
tier vtiii ui.wuuni arq now tenants lac
ing a steaTlily increasing rent., which
win continue wttn increasing land val
ues. Cheaper homes and lower rents
are but idle fancies under present con
ditions." . .' .; . ... .' ! - , .. .
WOULD HATE SALTJTABj EFFECT
That it would "afford tree 'scope to
human powers" and "elevate morals
and Intelligence" is proven by the fol
lowing, from a f report to congress in
1782 by Robert Morris, one of the fathers
of fhe constitution:
"A large proportion of America is
the property of land holders. They mo
nopolize it without cultivation ; they
are for the most part at no expense
either of money or personal service to
defend it, and keeping, the price higher
by monopoly- than otherwise it would
be, they impede the settlement and cul
ture of the country. A land tax, there
fore, would have the salutary operation
of an agrarian law without the Iniquity.
It would relieve the indigent and ag
grandise the state by bringing property
(land) into the hands of I those who
would use it-for the benefits of society."
Farmers in Oregon do not! own 15 per
cent of its total land value. Most of
the tillable and untiUable lands are held
idle by speculators and absentees. Farm
ers do not own timber, mineral, water
power and -other valuable lauds. is'or
do they own city property. Tenants
farm much of the fertile lands that are
cultivated. One third the land values
of the state are in town lots and cor
poration franchises.
' A single block of land in i Portland Is
assessed at 91.340,000. Many of them
for. over a quarter of 'a million each.
There are several counties i that assess
their tillable lands at less than this one
valuable block. Two certain counties,
Clatsop and Wheeler, together do not
assess their farm and grazing lands at
so much. .
The workingmen in the cities own but
little of .the land values. Few of them
own any whatever. That 10,000 of them
in Portland own their homes is a most
i'.beral estimate. . Their Jots are of little
value.- At $500 each the assessed values
of five business blocks" would exceed
the total. . The - small home owner Is
cruelly -robbed- of his earnings by a
cunning system of special improvement
assessments that are a thousand times
more in proportion to res.1 values, than
those levied upon . business 'blocks.
IS TAXING LABOR. L v
William Buck, master of the Washing
ton state grange, in his report to the
grange last June, states the following
on taxation: " , ( v
"If - all idle : acres : . and : speculative
wealth had been taxed as it. should have
been during . the war, there need have
been few bonds. ; ,
"All unearned - increment must be
taxed out -of real estate, f
"Let us not forget let us! get into our
minds that taxing " industry is taxing
laBor. And taxing labor Is taxing the
bread "and butter of the nation, and tax
ing the bread basket is always untax
ing special privilege that much and
building up the great wealthy class who
do not work but reap where others sow.
"If we taxed unearned land values in
Washington, as - they should ' be, they
would produce, at . present lvalues, more
than all the taxes levied in the state.
This is the doctrine of the. Washington
state grange. Let us make It the prac
tice of the state.". ; . -
Taxes will be collected . in proportion
to benefits received..
.Iand values scientifically ' register the
privilege the individual enjoys from the
community. By taking rent . for com
munity purposes, the Individual is al
lowed full possession ef the product of
his labor, since he is not taxed accord
ing to ability to payt The community
of which he is a member is a stock com
pany and will receive that value which
is the point product of all. The single
tax will estop the community from con
fiscating Xhe property of the individual
and. estop the individual from appropri
ating fhe property of the community, ,
Portlanders Took ;
36,125 Shriners on
Automobile Trips
.-' '. , i i ii , H i V"'" r ' i k
-- - ' . - - V ' t ''-. '
Figures compiled by the automobile
committee handling transportation of
visitors during the Shrine convention
week, show that - citizens- of Portland
to the number of 7225 lent their auto
mobiles for the enjoyment of the,
city's .guests." Altogether, r 36,125 vis-'
itors were, taken care .of on: motor
trips. '.-; ..'-; j'-' .-'-'-
To haul the visitors, S3. 000 gallons
of gasoline were used during the days
of the convention.
EXPEBT IN LANDSCAPE ;
WORK LEAVES PORTLAND
nr
nr
...
it
i
is
II
li
UL
siisaisalsMsinMii sd
Charles J. Kraebel r
FOREST EXAMINER
GOES TO HAWAII
Kraebel .Will Be the Assistant
i Superintendent of Forestry
for the Territory.
" Charles J, VKraebel, for nearly 10
years connected, with the forest; ex
aminer1 at the Wind River ; experi
ment - Btation, left -, recently for Ha
waii, where he will-be assistant su
perintendent of forestry for the en
tire territory- under Superintendent
C. S. Judd,; formerly assistant dis
trict forester in Portland. '
Kraebel was graduated from the Uni
versity" of ' Michigan in 1913 and took
graduate Work in 1911... He worked at
shade tree and landscape gardening in
the east for three years,' and in 1911 en
tered ; the forest service. He - was sta
tioned in " the Blue mpuntain region , of
Eastern t Oregon for a , year and ' then
went to the-Wind River experiment sta
tion, Kraebel spent 27 months in the
military service; 23 were overseas. He i
Bailed for France September 10, 1917, as
sergeant' in the 10th Engineers, the first
forest engineer regiment. '.In France he;
spent 4 three months asf a technical f or-i
ester, 11 months ; on f the '.' purchase of I
timber for cutting by the American for-;
estry troops, three months as field
representative of the "Stars and Stripes,"
A. J3. K. newspaper, "and the six months
after the armistice at headquarters of
the forestry division as official historian
of the forestry troops.
Kraebel received- a commission ,? as
lieutenant while engaged on timber or
ganization work.
His research at the Wind River ex
periment station covered a wide range.
Among the problems, was a study of
heredity in Douglas fir which is planned
to continue through an entire life cycle
of the trees, 300 or ,400 years. ;
DEPUTIES CHOSEN
TO COMBAT PESTS
-"i ' .afssMssrasssr, MnsrsmwM . g
Eradication of Canadian Thistle
to Be Undertaken7 in Glack-if
. am as by County Agent.
Oregon CItyi' July 10. To assist
in the campaign to eradicate Cana
dian thistles In . the county, Rl; G.
Scott, county aftnt, has appointed
the following ' deputies for the ; dis
tricts : named: - ' Peter . : Krickson,
Springwater;- Ot D. Robblns, Logan;
H. II. Udell, 'Dover, and J'irwood; R.
F. Bishop, Elwood; I. D. Larkins.
Marquam, and H F. Beckman, f"Wil
Bonville. "- . ' ;' -. ' '- '. . ' '
Notices are being; sent out 1 hy the
deputies to property-owners who have
the weeds growing on their ' land, al
lowing ---lO" days ": to clear, them off.1
Many 'farm have been' found with the
thistles getting a good start, v In the
Springwater- neighborhood - alone, more
than - 20 farmers, .-were. - notified - to : re
move the pests. v , ..
' Taking the place of Miss ? Elisabeth
Welnhold,: who -resigned ' some time ago
as county visiting nurse. Miss Burns,
graduate nurse, arrived in Oregon City
Saturday. She has had five years' ex
perience in similar work In the East.
For a time -,. she . will " have her ; head
quarters in the Re Cross rooms In the
jyiasonio . temple-- During the Chautau
qua , session Miss Burns will speak-before
the symposium..' She .' will " worlc
here under the direction, of the. County
Health association. ' with , her - '.work
financed by the Oregon State . Tubercu
losis organization. When " the " county
schools open in the fall she will , carry
on inspection work among the students.
-' Marriage licenses were issued here
Saturday to Zella McFarlane V and
Ralph II.. Johnston, Gladstone;. Sophie
L. Zogg and J. Truman Rlchey., Boring"
Agnes Rii.ker and Clarence Gerald Mor
rell, Willamette ; , Augusta Kruger, Oregon-City,-
Route (J, -and John C Wal
don, Oregon City, Route 3. i' '
" Frank H.: McAnulty, deputy- county
clerk, resigned Saturday to take charge
of .a grocery store which he purchased
1 from Ralph Miller at Fourteenth jtnd
Main" streets. " No successor - Tias been
appointed, as Fred A. Miller county
clerk, is away on -his vacation. :.
Katherine . Geisler - was granted a. di
vorce -from "John N.. Geisler by J Judge
Campbell Saturday. 1 " 1 V " ' ' , r r '
Cruel : treatment . is charged '; by two
wives seeking divorce Saturday, Martha
J. Frank brought suit against JPe.ter W.
Frank, -and .Beulah i I- Myers asks a
divorce from Lloyd W. Myers. T -'
According to a French scientist, car
rier, pigeons and other birds of passage
are guided by magnetism .and are af
fected ;by magnetic storms and waves,
of wireless telegraphy. f ; ... r.
MEMBER BANKS ARE BORROWING
GOLD RESERVES
SHOW INCREASE "
Government Deposits Show Extra
7.5 Millions; ; Members of
; Reserve Deposits, 42.2.
Resumption of member bank bor
rowings on a large scale, - accom
panied by substantial Increases in
deposits and federal reserve note lia
bilities. Is indicated ' by the federal
reserve -board's weekly bank state
ment, issued as at close of business
on July 2. 1920. Gold reserves show
n increase for the week of 2.3 mil
lions, and total cash reserves an
increase of 0.9 million. The reserve
ratio declined from 43.6 to 42.8 per
cent.
Bills secured by United States war ob
ligations increased lf.9. millions, and
other discounts by 86.5 millions. : while
acceptances purchased In open .market
show a reduction of 9.1 millions. -and
treasury certificate holdings a reduction
of . 16.1 mllllorls. Total . earning assets
accordingly show an increase for : the
wek of .88.2 millions. . '"
Of the 128S millions of bills secured by
United States '.-Var..' obligations 634,000
millions, or 49 per cent, were secured by
Liberty bonds,' 104.3 millions, or 23.5 per
cent, by Victory notes, and 356.7 millions,
or 27.5 per cent, by treasury certificates,
as against 48, 23.4 and 28.6 per cent of a
corresponding total - of 1278 millions
shown the week beore. - Total discounts
held by the' Boston. New Tork and Cleve
land banks are Inclusive of 1 J0.9 millions
pf paper discounted for seven other fed
eral reserve banks in the South and Mid
dle -West, as against 125 millions ithe
week - before, while acceptance holdings
of tfe Boston and San Francisco banks
include 14.9 millions of bills purchased
from the New York bank. j ,
, Government deposits show an increase
for the week of 7 millions, members'
reserve deposits an increase of 42.3 mil
lions, and other deposits, including for
eign government credits a decrease of
4.6 millions. The "float" carried by ithe
reserve banks and treated as a deduction
from gross deposits increased by 12.5
millions, "with the consequence that cal
culated net deposits show an increase
for the week of 32.6 millions. Federal
reserve note circulation, apparently; to
meet the large demand for summer travel.
Increased 52.1 millions,; compared with a
slightly larger increase for the corre
sponding week in 1919. Federal reserve
bank note circulation likewise shows an
increase of 3.6 millions.
REPORTED SAME
Easy Money Depends on Extent
Banking Interests Are Tied
Up in Stock Issues.
" By Broadan Wall
New York, July 10. The actual
bank statement today showed re
serves decreased $43,407,850, loans
decreased $38,572,000 and national
demand deposits decreased 1 64,281,
000. , The government reduced its
balance $19,888,000.' The average
statement showed reserves decreased
$12,916,350, loans decreased $28,225,
000, and national, demand : deposits
decreased $15,746,000. ' !
The Federal Reserve bank of : New
York showed no change In the ratio of
combined reserves, which remains at 39.S
as it was last week. '
, tn view of the bad statement of the
Individual banks and the neutral state
ment of the local reserve bank the out
lnir asrv mnnv so far as the stock
market is concerned depends entirely to
whet extent - banning interests are ucq
up in stocks. - j - '
' The stock market was irregular. At
the opening there was some show of
strength but free selling of long stocks
at once began and carried some high
grade Issues lower. Mexican Petroleum
started with a small advance but it also,
declined two points. Stromberg. Crucible
and AJax f em Reading held steady and
Canadian Pacific rose four points. Union
Pacific also acted welL The whole list
seemed to indicate a desire of the pro
fessionals to get out of the industrials
and into the' rails. v
Moving of Crops
Added Strain on
Mid-West Banks
The Middle West Is this week swing
ing into harvest, the season having been
pushed forward by early coming of hot
weather. It brings the banks sharply
against the financing of the wheat crop
somewhat sooner than they . had ex-
nected. It is : declared that many of
the country banks of that section are
overloaded and will need assistance to
care for the strain of the next two
months.- - Transportation facilities are
so far from being , able to handle the
crops promptly that marketing will be
slow. The farmers have been warned
that they must prepare to hold much of
their new crop on the farm until early
fall. This calls for building" granaries
arid bins never before deemed necessary.
The banks will thus be allowed some
breathing spell in financing the actual
shipment of grain. .'
BANK REPORT
MONEY SITUATION
Range in Prices of Liberty Bonds and
Victory Notes During the Past Week
OFFICIAL. CLOSING ' PRICES
Liberty 8s 1932-47 ...
Liberty 1st 4s 19J2-47. ..
Liberty Zd 4s 1927-43 . .
Liberty 1st 4s 1932-4T
Liberty 2d 4 s 1927-42
Liberty 3d 4s 192S ...
Liberty 4 Us 1933-38 ...
Victory 3s lTzz-Z3t .
Victory 4!ia 1922-23 .
.......... , ,
Hold Liberty Bonds,
Is Advice of N.- Y.
Banker on Street
1 "If the market Is flooded with to
matoes you can buy them cheap, but
if everyone is clamoring for tomatoes
and there are few to be had. the
price goes up. The same is true of
.Liberty bonds,- says O. C Selden In
the Magazine of Wall Street.
The best advice that can be given
to the owner of the Liberty bond or
Victory note is, to hold on to the
bonds you bought during the war
and buy as jnany more as you can
afford. The bonds are as safe and
sound as the United States govern
ment, itself. If you? hold them to
pmaturlty, you are bound to make the
difference between wnafiney seu i
now and their face value. Short
sighted people are dumping them on
the market, wise ones ate buying
them. ;
LOW BOND PRICES
ATTRACT INVESTOR
. ."Bond prices Jn general , at this
time, are lower thaji they have been
in : 40 years," states Blyth, Witter
company in its latest financial letter.
In,' commenting on the prevailing
bond-prices the letter further states:
- Such ' investment .opportunities come
only at long intervals, investments at
present - prices - mean not only excellent
yields but attractive possibilities in the
way of enhancement of values. ; Due. to
the present monetary situation the most
stable and proven old concerns are pay
ing more than 7 per cent for money.
TOf comparable attractiveness are some
of the mortgage secured bonds of public
utility companies, supplying necessities
such as water, light, power and trans
portation, the Intrinsic ; soundness'" of
which has been demonstrated by the re
sults obtained during the war and read
justment period.
"Steam railroad bonds of the "- best
class are selling in many cases at the
lowest 'prices in their history.' New is
sue of railroads of the highest credit are
offered around a 7 per cent basis and
finding Immediate sale. '
"Those fundamental conditions which
j have brought about increased commodity
f prices are responsible for the decline In
process of deflation Is setting in, and if
this goes far enough to enable the banks
to finance the crop movement this fall
without a: money flurry there will be
little or no opportunity of seeing bond
prices as low in 1921 as they are now.
The present opportunity of the investor
jto: purchase bonds is exceptional care
ful selection with the advice of invest
ment bankers being always advisable."
Bond Issues of
Oregon Counties
v Await Investors
' The latest bulletin Issued by Morris
Bros., Inc., is replete with attractive
municipal bond buys, a special feature
being the fact that issues of various
counties In the Northwest are placed
on a basis to yield per cent, making
these securities exceptionally attractive.
"The bonds detailed in this bulletin
are listed at . prices " arid yields such
aa must attract the attention of dis.
criminating investors," said John L.
Ether id ire, president - .of Morris Bros.,
Inc. "That they are splendid securi
ties and that the yield placed upon
them is unusual are points which have
brought about a brisk movement in
municipals.' . '
July being one of the heaviest in
vestment months of the year, . Eth
eridge states that , a large volume of
business has been handled as a result
of large reinvestments of Interest pay
ments by vast numbers of investors.
More Short Term
Government Notes
Are to Be Issued
The Portland branch of the federal
reserve bank received, word Saturday
that the treasury department will issue
$200,000,000 of new certificates of In
debtedness. ' The new issues are desig
nated as series S. B., maturing Janu
ary 15, 1921. and T. M. : 2, maturing
March 15, 1921. both series bearing 5
per. cent interest Series S. K pay
able July 15, 1920." will be accepted, in
payment , on .. the new . issues with ad
justment of accrued . interest. - ,
i The previous issue, a series of which
yielded per ent, the highest rate the
government' has paid for money since
the Civil war. was subscribed for in a
very short time. The rapidity at which
these certificates were - taken up , has
undoubtedly caused the. treasury de
partment to realize that it "Is not nec
essary to offer such' a high rate of in
terest to readily dispose of its securities.-::
- v . ,
Short Term Loans
Liked on Market
' Noting the generally favorable recep
tion of short term loans on the market,
a Swiss financial reviewer believes that
"this attitude is explained by the - fact
that most long term loans, issued since
the war, have suffered a greater or less
depreciation. More than that, the exist
ing : uncertainty as to ' future - interest
rates creates a certain caution."
' Dividend Declared
Pasco. Wash., July 10. At a meeting
of the' Pasco Savings St. Loan association
a 10 per cent dividend was declared and
ail the old officers reelected. ,
"Mon. j Tueg. "Wed. T"bur. E'ri. Sat.
S I 91.40 I 91.50 91.Z0 91.24 91.14
..... 86.20 86.00 86.80 86 00 86.10
No j 85 60 85.60 85.60 8S.60 85.50
quota- 86.10 86.42 86 20 .86.30 86.10
tions 85.86 85.54 85.C0 85.74 85.66
legal 89.96 89.60 89.94 89.7U t 89 60
holi- 89.10 85.82 85.92 85.96 85.90
day 95.90 95.90 95.84 95.92 f 95 98
..... 95.90 95.90 95.88 j 96.92 95.98
tctlitrJ by
Will F. Ilcsslaa
ROUTINE EFFORT
SAYS FINANCIER
Tales of Fortunes, Made From
Tiny Savings, Reads Almost
Like a Tale From Fairyland.
By F., A. Xagley of State Bank
(Director ReMan-h I triwrtruent, Sut Iiank
of PuiIIjiihL)
Success is -an accumulation of
toutine effort. It is lesson after les
son for the school boy; letter after
letter for the typist; sale after sale
Tor the storekeeper; crop aftercrop
for the farmer; house after. house for
the builder; carload after . carload
for the railroad, and dollar after dol
lar, for the thrifty depositor, that
brings the coveted success which we
ail so much desire,
lit was sale afler sale of 5 cent pack
ages of soap and later chewing gum
that built up a $40,000,000 business in
a i few short years tor the William
Wrigley company, with an Initial capi
tal of $32. Suppose he hadn't been
thrifty enough to have saved this orig
inal "nest egg"?
$! IS tT8
All have seen the advertising of "The
Kut: House." : The ."chief nut" started
in : business In Seattle five years ago ,
with $40 and five barrels of peanuts. He
has built up a $5,000,000 business in five
years. It seems almost impossible, but
It has actually happened. Suppose he
hadn't saved the $40?
The famous Alladin Ready, Made
houses, one of whose branches is now
being built- In Portland, started with
only $200.. In nine years they have
built a business of $1,500,000. Just think
of ' it ! V Where would they have been
without the 'original $200, an ordinary
8a vines account?1
SEVENTY MILLIONS IX XICKKI.S
Everybody laughed at Woolwbrth
when he conceived the idea of specializ
ing on 5 and 10 cent articles. "How
can anybody make any money on such
cheap stuff?" they said. Even though
Wool worth was married and had one
child, he managed to save $50 on a
salary of $8.50 a week. That is real
thrift. With this - $50 and what he
could borrow he bought a slock of goods
and opened a store in Utica, N. Y. From
this beginning he built a chain of 700
stores worth - approximately $70,000,000
by handling nickels and dimes that peo
ple ordinarily think don't amount to
anything.
Those of us who think that nickels
and dimes are too small to Interest tin
will be surprised to know that William
Murphy of Chicago, a newsboy, has a
snug fortune of $100,000, mads by sell
ing newspapers, 1 cent transactions.
So, after all, there Is no excuse for
anyone not having a little money ahead.
We "can ,do anything we want to, if we
want to hard enough. Be thrifty.
FOREIGN EXCHANGE RATES
Corrected dil bv
ment of tht l'nitil
foreign ezrhance
Slain Nation!
Cable
Trao(re
deirt
bank.
Par
Value.
. Draft
Check.
London Pounds
terlinc ... .8 8.94 H
Pen Krknce.. 8.-45 ,
Hamburg-Berlin
Maree 2.62
Genoa Lira.. 6.04 .
BRINGS SUCCESS
I 3.DSH 8 4.rfiS
8.47 6.18 6
2.62 ' ' 2 82
6.05 ' 6.1826
16.65 j 28.85
l.70j 26.85
22.18 26.80
78.26 42.90
1.75 43.00
1.04 65.00
Copenhagen
Kroner. . . .
Christiania
16.60
16.65
"
22.10
72.76
61.60
. 1.03
Kronrr. ...
Stfrkholm
K roner ....
Honakans
Currency . . .
Ten
Bhancbat
laeia .. . .
Hew Tork Boss
Market
(ParnUbrd by Orerbeck aV'
Cook Co..
Board
of Trade buiidiiig.)
1 Bid. . Ask
Atchinon Clenl. 4. ........ . 7 V, 77
Hal. Ohio Uoid 4. ...... . 66 V4 US'
Beth. Steel. Bef. 6s. ....... 78 H 7
Cent.-Pacific let 4a......... 60 701i
St. Paul Uenl. 4H 7 '. '
Chkgo S. W. Umni. 4 ti 7
L. ti. VttL 4a... 7Ti 78
New Tork Ky. 6a. . . 20 .....
Northern I'acifir.. P. L. 4. . . . 12 73
Reedine GeuL 4. 76 S 7i
Union Pac lit 4a 78 79
V. 8. Steel 5a. ... 9 1 H 62
CnJon Par. 1st Het. 6t, 9 69 V
tkmthern I'ac Coot. Ca. ..... 94 90 V
Southern Pit Conr. 4a. ..... 744 74
Penna. Coot. 4V 80 . 87 S
Penna. lit. 75 75
Foreign Bond Market
iPurniabed hf Orerbeck 4 Couke Co.,
of Trade buildinc ) j Hid.
A. F. 6. October. 1920 . . . . i, 08
I'. K. 5 Vis. November. 1921. . S
KP. franc 6a. 1831 74 )
Paris on, October, 192W.... 93
ltawia. Kitn. 8 Via, 1921 24
Roasian Intl. 6 Via. 1926 29
Dominion 6s, April. 19'il.... 97 U .
Itominion a, April, 1931,... 86 4
Domiuion 6s, Apnl. 1926 0
Dominion Canada 6a. 1937...
V. 1937 85
Board
Aak.
BB
96 14 :'
76
94 -28
34 '
07 H
86 Vk
o
87
86
eV Cooka Co.. Board
0128 9112 0114
820 8600 8H10
S572 8.',5 S.'.ftO
8630 A610 KitlO
Hr,lH K.r2 ri.",A
8978 8Mii h'JUO
8S9M 8500 8S!0
UMBO 969X 0598
9698 OiUli tiHP ' ,
of Trade building.)
Liberty, 3 Via..,. 9120
Liberty, I --t-4s., , oo
Liberly, 4... 8572
Liberty, lt 44a. 8630
Liberty, 2d 4 14 a. 8ft74
Liberty. 8d 4 V4 s. B9T8
Liberty. 4th 4s.
Victory, 4 Ms.... 9.'0H
Victory, 8 Vs. . . . 9&94
MEAVT BUTIJfO FEATfUKD STAltT
OJf SEW TORK COTTOTff MAKKKT
Sew York, July 10. (I. N. S.) Hea
bayinc " cotton at the Ojiening of the tn afeet
today followed the announcement that the .Na
tional thinners" aaaociatkm bad put the condi
tion of the crop at 72. t. which indicated aa
increase of 1.3 orer the laat ficurea ot the
government.
Tbe market waa heavily oversold as the re
sult af the recent bearish predictions is to what
the National (jinn. r would be, and advanced
rajridly on the larse purchaainK by three or
four brokers auppoaed to represent Well street
bouses. In fact the Initial call was the mmt
active for weeks, trice showing an advance of
87 (annts. - Later there was a little reaction
from the otieniug, but tbe undertone remained
firm, helped by reports of rain ' in the south
west. July moved up to 639.60 in the last hour
and the wbolo list , closed at the beat levels
of the day at a net advance of 40 74 point.
Spot cotton was quiet arid unchanged today
It 40Vic. No sale -
(Furnished by Ovorbeck 4k Cooks Co., Board
f Trade building.)
Open.
; . . . 8120
JW25
. ... 2i
.... 8914
. . . . S30U
9170
High.
8120
803S
2977
8950
8327
3180
f.nw.
8076
8017
20 53
8914
8295
8140
Clo-e.
8M2
82H
83i
3314
8106
January .
March . .
Way . . .
July . . .
October .
December
Fore I am Exchange Hteady
New Tork. July 10. (V. P.) Foreign i
change opened steady today. lemand sterling
opened at 83.94 S, off Vi.
Francs were- 811.82. up 8; lire. 316.57, 6n-"
changed marks, 80202; Canadian dUUr.
8.8790.
Foreign xchang waa rtuiet at tbe eioae. Q'.io
tatioiM were; i - ,
Demand aterling, 13.94. 'eff Vi ; franc
checks. 1 1 ,80, up 10 centime: lira chf ,
16.52. up 6; niarks, demand. .U26J.
t