1
THE . OREGON DAILY
JOURNAL, PORTLAND, OREGON
MONDAY, - SEPTEMBER 6, irov.
COOPERATIVE PLAN
ATTRACTS BUREAU
'The success of Oregon, farmers'
cooperative marketing associations
II what prompted the Investigating
committee of the National Farm Bu
reau Federation to visit Portland
nd confer with officials of the va
rious state-wide cooperative mar
ketfng division of the Illinois Agri
cultural association, according to W.
Q. Eekhardt, chief of " the grain
marketing division of the Illinois
Agricultural association, who Is with
the party in Portland.
IThe National Farm Bureau federa
tioa la proponing to organise a national
wheat growers' association to eliminate
' speculation end stabilize the market for
grain," said Eekhardt.
Over one million farmers are already
members of the National Farm Bureau
federation. The federation Is the organ
iser of the proposed national wheat
(rowers' association, In which prac
tically ever wheat growing-state In the
Union Is expected to become Interested.
Simultaneously with the arrival of the
delegation In Oregon, at a meeting of
executives of various county farm bu-
. reaua In Western Oregon, held at Oregon
Agricultural College Saturday. It was
unanimously resolved to organise the
Oregon State Farm Bureau federation
asd Oeorge Mansfield of Medford. P. O.
Powell of Mbnmouth. and O. R. Dough
erty of Molalla were appointed to con
fer with a similar committee from East
ern Oregon to complete plans for the
state federation.
The Western Oregon group also voted
unanimously to recommend that the
State federation become affiliated with
the national farm bureau federation. The
meeting was called by Paul Marls, di
rector of extension of the Oregon
Agricultural 'college. There are more
than 6000 members in the Oregon Harm
bureau.
Sunday the national delegates con
ferred with Alma D. Kats of the Dairy
men's league, Paul Mehl of the depart
ment of markets and U. I Upson of the
poultry association. Furtherconferencea
are being held Monday and the dele
gates were guests of P. L. Jackson of
The Oregon Journal at luncheon.
Harrisburg Man Is
Freed of Charges;
Arrested in March
Albany, Or., Sept. 6. George A.
Barley of Harrisburg was freed by the
grand Jury of three statutory charges
r which caused his arrest last March.
Barley was put under bond for $3000,
" which he failed to give until a group
of Albany citlsens went his bond. Later
J,. public sentiment against Barley be
" came so strong that his bondsmen ap
plied for release. lie went back to Jail
until July, when his sons and their
friends furnished bonds.
'& Suggestion for the betterment of sani
tary condltionsat Linn county's poor
farm constituted the substance of the
grand Jury report to Circuit Judge
Kelly. County Judge Bilyeu said the
ivi county Is unable to follow the sugges-
tlons of the grand jury because funds
with which to finance the improve
ments are unavailable.
I ' . I ' I .11.11 II II M .' I ' " j I, ' ' ' ' " . '
GRAIN MARKETING COMMITTEE VISITORS
w ' ' ': "." '
1 h r i; v,! .V-YXfrtr
i ,
1 , , xH or. i
i&L 'l
HOBS
OS 1 8
JUMPTi
AT NO. PORTLAND
PORTLAND LIVESTOCK RTK
Bor- Caul. Cam. Bnerp
1714
1604
S4T4
20
1Z4S
210
94T
141
Hooday
WMk an
Fyar meka acx
Taar aco
l o nan asm .
Thrae yean aetk . .
60S
407
3
8TS
SS8
11 IT
20
81
:s
a
foor yaao M- 2080
North
44
83
S031
4010
T8
S2KS
4T30
S8
2008
881
Members of the grain marketing lnvestlgatiruf committee of National Farm Bureau Federation visiting
Oregon cooperative association. From left P. It. Bausman, Indiana; U. L. Upson of the Oregon Poul
try Producers' aaaoclation; J. G. Brown, president of Indiana Farm Bureau Federation; Harry G.
Beale, treasurer Ohloarra Bureau Federation; E. G. Nourae, professor of economics Iowa State col
lege, Ames, Iowa; J. F. Langner of Tbe Oregon Journal; W. Cj. Eekhardt, chief of grain division of Ill
inois Agricultural association, and Paul Mehl, bureau of markets.
EXCESS GAIN RAID
NETS (4,900,000
Work to Begin at
Once of Oakville
Union High School
Elma, Wash.. Sept. 6. The contractors,
Coade Swift of Portland, for trie
new union high school at Oakville, have
wired that they will begin work on
the structure this week. With exception
of a manual training and athletic di
rector, the faculty of the Oakville
schools is. complete. The members
chosen, to date are : Joseph W. Lyon,
superintendent ; Miss Agnes Chrlstensen,
Parkland ; Miss Bentheim. Tacoma ; Miss
France Mcintosh. Tacoma, Mis Erma
OUn, Bothell; Mtss Bessie Sweltser and
Mrs. Faith Perry. f
The Elma schools opened Monday for
rr cist ration of pupils. Active work be
gins Tuesday. This year's list of teach
ers Include: P. M. Stroud, superinten
dent and high school principal; high
school. Mary Carter. Bertha Wllte, Bes
sie Evans, Grace Brown, Clara Minard,
Veryl Robinson. Ada Miller. F. EX Beau
S A. Claflin: aradea. Jessie Mae Slgrlst.
Marion 8lmonton, Christie Qulmby, Zula
Bollng, Claire Qulmby, Mrs. Alice Par
ker, Stella Fuller, and Helen Fuller.
i
;! Hot Lak3 Arrivals
Slot lke. Sept. 6. Arrivals at Hot
Lake sanatorium Saturday were: A. W.
Itlnehart, Seattle ;' R. O. Stevenson. New
Tork ; C. O. Zerts and I W. Swergert,
Portland; M. E. Flack and E. C. Nllea,
Walla Walla . Junna Octant and Matt
Junna, Astorld ; F. IL Felke, Portland;
, IX W. Qlbeon. Spokane; M. Levinaon,
I, Portland ; J. II. Fell, Prairie City ; L. C
Wisdom. Welser, Idaho.
Washington, Sept. 6.. The biggest
and most dramatlo seizure ever
made. by the government under the
excess profits tax law was revealed
here Sunday when it became known
that federal agents took forcible
possession of $4,900,000 in the Chase
National bank, New York, immedi
ately after it had been paid by the
Harrlman Interests to H. Farquhei
sen Kerr and A. E. Clegg, re
spectively president and vice presi
dent of the Kerr Navigation cor
poration. The $4,900,000 was payment In full,
made In bllln of large denomination, for
49.00C shares of stock In the Kerr cor
poration at $100 per share.
Although actual purchase was made
by the American Ship and Commerce
corporation, of which W. AveriU Har
rlman Is president, Kermlt Roosevelt
secretary, and Parmley Herrlck, eon of
former Governor Herrlck of Ohio, a
member of the excutlve committee a
year ago, the actual money was not
turned over until Saturday, August 25.
Seizure was made by two treasury
agents at the counter In the Chaae Na
tional bank on that date.
It- Is the contention of the government
that the stock cost Kerr and Clegg
$10 per share and that the profit there
fore is $90 per share. As It was reported
that both men had engaged passage
from New York for Europe and would
sail at an early date, the government
was desirous of making sure that full
payment of tax would be made.
No government official would discuss
the case today, further than to say that
as the dttalls are still under investiga
tion public statement cannot be made
at this time.
It is understood, however, . that at the
time of selsure the government already
had tax claims against Kerr and Clegg.
Aberdeen Delegate
To Suggest Work on
Grays Harbor Lands
Aberdeen, Wash., Sept. 6. The Aber
deen Chamber of Commerce will be rep
resented at the state reclamation and
development congress, to be held in Seat
tle. September 16-17, by W. C. Mumaw.
Mumaw wilt suggest to the congress tne
organisation of a state commercial agen
cy for the development and colonisation
of Grays Harbor logged-off land a A
large acreage in the southwest portion
of Grays Harbor county will be offered
for experimental purposes.
Foundation has been laid for the first
unit of the Grays Harbor County Tuber
culosis hospital. It Is expected the build
ing will be ready for occupancy in SO
days. The hospital ia located on a tract
of 40 acres of land, near Elma. The
farm house on the land, at the time of
purchase, has been remodeled for the
use of the superintendent of the hospital.
POSSE IN PURSUIT
j:
TRANSPORTATION
lOYOuISENKAISMl
DH..rA8SE,l, 0,1,1 itci
rOKXUA.Nl to iATXH aae CHIXj
S. S. "SEIYO MARU"
Freight and passencer steamer. 14,.
, , two tons.
Balls from Portland September Is for
Yokohama, Kobe, Moji and Hongkong.
For rates, .fares, space or Intorma
tlon, aadress
OREdON-PACinC COMPANY
, General Agents
Wilcox Bldg. Mala 4&W
Opposition Found
At Convention to
Carlson Koad Bill
White Salmon, Wash., Sept. 6. County
Commissioner John O. Wyers of this
city attended the state convention of
county commissioners at Everett and a
good roads convention. The Carylon
road bill was discussed. Wyers reports
much opposition existed among the' del
egates. Commissioner Falconer of Sno
homish was chosen president and J. W.
Sladen was reelected secretary of the
commissioners" association.
A reception to the teachers of the
White Salmon schools was given at the
Congregational church.
Centralia Reports
Accident on Highway
Centralia, Sept. . An accident oc
curred Friday night on the Pacific high
way, west of Centralia, In which Mr. and
Mrs. A. Burdick and two children, of Gal
vtn, narrowly escaped Injury, when their
automobile was run into by a machine
driven by August Faglnas and contain
ing a number of other men. Faginas
was arrested on a charge of operating aa
automobile while Intoxicated. Toy Ander
son, neimar oiatson and Albert Erlcksoa
were arrestee, on a charce of drunken
ness. Three members of the party
escaped.
OF JAIL BREAKER
Medford. Sept. 6. Joe Black, who
made a sensational escape from the
county jail at Jacksonville Saturday
night, and who is described in the
telephone messages sent out by the
sheriff aa "a young fellow, red
headed, and who sports a Charlie
Chaplin mustache," was still at large
Sunday night.
During Saturday night and Sunday he
was trailed to the Applegate mountain
section by Sheriff Terrell and deputies
and a posse of volunteers from Jackson
ville. All trails and other avenues of
escape are being closely guarded. Black
lshatless and coatless.
Black Is about, 2$ years old. He for
merly lived In the remote Applegate sec
tion. He and another young man ar
rived In Medford . from the north one
day a few weeks sgo as tramps. They
stole a valuable car that night and
drove for California. They were cap
tured by the Dunsmuir police.
Black, who -Is said to be a deserter
from the army, made his escape about
9 o'clock by hiding under a table In the
Jail corridor and when the Jailer en
tered to see If all the prisoners were In
bed In their cells he leaped on htm and
Jumped out the door, hurling it shut
and locking the Jailer in. The alarm
was at onre raised and the pursuit
started In about 10 minutes.
HOPHPISLATE,
Fl
BUT IS
WORM
E
Portland was practically the
only market open on Labor Day and this
was celebrated by a very sharp advance
in the price of hoga while cattle were
steady and sheep steady to strong.
Id bog allfn there as a fractional hv
erraM la tha ma as eomiand with lait Monday
tat demapd was intraaaly asa tod aa early ad
vance -4 TS in the price carried taps to the
8)8.00 - rk acain.
Kilter were aaca bidden in tbe ewine alleys
at the Hart of tbe veek'i trade; the isjU of
frrWa of lata (timnlating the demand to a very
considerable eztrat.
General bos market raas:
Frhne mixed 81T.S81800
aftdraia mixed 16U 17.15
Smooth neaty 14.00 16.00
Ucuafa beary 1S.004 14.00
Pisa 18.00 BUM
Cattle Market Hales
Bteadineaa wax retained ia tbe cattle market
t North Portland for tbe week's opening.
Tbere waa a nta of 1714 bead compared with
1094 bead last Monday t moraine, but of this
day' thowinc 20 can were for thrnoxh shipment
to other point and did sot enter tbe day'
tnde at North Portland.
General cattle ranee:
CLoice gnat tteen
Oued to choice xteen
Medium to good xteen
Fair to good xteen
Oommon to fair xteen
Choice cewa and heifera .
(rood to choice oows and heifer,
xiedhim to good cowt and heifen.
Cannere
Balls
Loiee dxirr calves
Ileary caitea
lt light calrex
Medium, tight eairex
Bert leaden
Fair to good feeden
Mutton and Lambs Steed her
Steadier situation waa abown In the muttcn
nd lamb situation at North Portland for tbe
week's opening. Tbere were arriTal of 2021
bead as compared with eeio head a week Sao.
The mxrket opened with the tread eleedy to
strong and prices in general were well sustained
around the a?eragea In effect during the laUer
part of laxt week.
General sheen and lamb ranee:
Prime lambs $ 9.00 10.00
Coll lambs 6 06 7 00
Yearlings 6.28 0 7.60
VVethen 6.2e S.78
2.23 0 S.28
The hop crop of Oregon is of unusually
good quality this season and production
per acre of the old yards will be fully
normal, .while In the "baby" yards the
output is better than usual.
While of excellent condition, the hop crop is
onnausuy late. Tbe Hops are suu rsuber small
and in some districts it will be a long time
before they are ready (or picking.
This yexra crop in Oregon yards may be
characterized ax a "top" one. although tbe
arms hare a fair pereentag of stock on them.
This is especially true of the older yards.
No business baa recently been abown in tbe
market, the entire tnde awaiting the harvest.
A a Tery large per cent of hone hare been con
tracted this season, the total offerings avail
able for the open market will be eomparatiTely
small.
WHOLESALE PRICES I PORTLAND
ASTORIA aejft WAV POIHTS
STR. GEORGIAN A
' 'Reuse Trio Deity (tieer Friday) '
Leaves Portland '7:1 9 a. m, AMee St, Deck.
LEAVIS ASTORIA t f M.
PLAVCL OOOK
- : rani S2.00 iaoh wv -
Direct OoewoUen fee Seeth S)secMa, HtsM
eat Daily, S P. Ceery Day Caoapt Suiveay
, , - Mala 142g. Ml-aa ,
' ' V: Astoria Route
S. S. "ASTORIAN"
3 -.30 P. M. DAILY except Thursday
; FARE (t.04. Including tax
, . AterrlscB-gt. Deck -
,. rsoaesi Hala Hi 11.4 .
Chinese lis Killed;
Soldier Is Arrested
Salinas. Cal.. Sept. tWU. P.) Jesse
IV. Williams, soldier from the Monterey
presidio, waa placed In lait today fol
lowing the death of s Chinese at Monte
rey. Officers say Williams struck the
Celestial during a near riot which re
sulted from a quarrel over a Chinese
lottery ticket, knocking him down and
fracturing his skull.
Stomach Brew Gets
Baker Man 'in Bad'
gaker, 8ept .. Mlneme LePaea. a
French-Canadian, waa arrested Friday
evening on a charre of illicit nuiifuv.
I ture of Intoxicating liquor. He waa re-
I leased on a szw bail. LaPage claims he
1 was making ma brew for his stomach.
Jacob Dautoff Is
Buried; Architect
Died Sunday A.M.
Funeral services for Jacob D. Dautoff.
architect for the B'nal B'rith building.
who --died Sunday morniag at Good Sa
maritan hospital at 4S years of age, were
held this afternoon at the Holtnan under
taking parlors. Interment was In Aha
vai Sholom cemetery. Dautoff was born
at Odessa, Russia, and came to Portland
in his early youth. He attended the
University of Oregon and Stanford Uni
versity of California. For a number of
years he waa associated with Morgan,
Flledner & Boise, later had an office In
the Stock Exchange building and at the
time of his death was chief engineer of
the firm of Houghtaling & Ehigan, archi
tects in, thai EUks building. He is sur
vived by his wife, Rachael Dautoff, son.
David . Dautoff, and two brothers, Is
rael and Maurice Dautoff, all residents
or Portland
William Walker
Funeral service tor William Walker,
4S ast Burnstde street, whose death
occurred August tl were held from the
McEntee Jk Eilers chapel Sentamh a
H' was a. native of Manchester, Eng
land, whsr he waa bora November 15.
1159. and from where he sailed to Amer
lea aa a boy. He came to Portland . .
young man and entered the employment
01. axenry aTeruina;. rxmowing a tour of
Europe. he retired about 1112 And had
not been active since that time excent i
the affairs of such organization as tbe
British society. Walker Is survived by
two daughters, Mrs. . Maud Long and
atrs. KUD wmn, and one son, Fred
vraiaer oi atarsnnela. or. - '-
t """,,SxxBxxssBsxsAsisBassssmsa
After four years' exoerimentina-
Ida man has succeeded In making: new
tnini japcr xrom nauva sawgrasa, '
Swiss, 48 04c; Snrburger. 40 0
These ere pricee retailers pay wholesalers, ex
cept ax otherwise noted:
Dairy Products
BUTTERi Selling price, box lots: Creamery
prime, (wrrhmtnt wrapped, 66c lb. ; prime, firsts,
64t lb firsts. Als lb.: smalier lota at an ad
vance. Jobbing prices: Cube extras, 80c; firsts.
Sac lb.; dairy batter, baying price, 4Uc per in.
BtJTTEHFAT Portland deflyery besto, 6Se
A grade; 6fto B grade; coantry stations. 60 9
04 e.
OLEOMAllGAltlNB Beet brands. 4 Ac; ordi
nary, 33 He; bakery, 33c; natmgrgariae, I -lb.
cartons, 32c per lb.
CHEESE Sellina nrlre: TfUamook. fresh
Oregon taney triplets. SSA)S4c per lb.; Tonng
Amcnrt, Aaes6c. Prices to Jobbers, f. o. b.
Tillamook: TrlpUts. 30c: Toung Aaserica. Slc.
Selllng nrlcea: Oeam brick, 40 42c Selling
price : Block
42e per lb.
EGGS Buying price: Current receipts. 4SS
60c; candled, selling price. S5 95?e; eetect. 68o
per doxen.
LIVE POC7.THT Belling prirw: Bexry bene.
2e; light ben. l24c: niring. 2!7S2c
old roosters. 12(14o per lb.; tarkegrx. lire
) ; ducks, 25 30c.
Fresh Vegetables and Fruit
FRESH rBTJlT Oranges, $7.00 8.50 per
box; banana, 11 H 12 Wo lb ; lemons. $5.28
AKK . . mmIm, SIC AA A I ffK
lonpes. Califnrnia Standard. 11.(0 01.00: pony
$1.00 w 1.13 ; flat. BOW Toe; Malaga grapss.
$3.2508 50 per crate: lags, 11 He; seedless
noes. $2.75: neacbes. 32.00 0 2.5)0 box
plum. $1.33 92.25 crate; pears. $2.25 3.75;
watermelons, l He per id.
Arrt.ES New, 11.00 9 2.73; crtbapplee,
5c per lb.
DRIED FRUIT Detee. Dromedarlea. $7.00
7 50; Fards. $4.00 per box: figa. $2,754
i.00.
OfflONft getllrig price to retailer: . Kew
trails Walla. 1 50O1.T5: aarlie. Z5c dot H
green oniona. fime aoxen bancnes; onion
seis. loo in.
POTATOES Selling price: Oregon fancy.
$2.2BJ 75; sweets, loejiic.
BERRIES Blackberries, $3 50 crate; straw-
Sernen, I4.5U.
VTOETAitl.ES Tnrnira, gz.ao eaci; car-
rota. $2.30 sack: beets. 00 doxen banobea: let
race, $1.75 crate; cuenmbers, 2B03Sa box;
trims toe. 40 80c: ecx Plant. 12 He per ib.
nroceou t 1 ; beu peppers, 7 ttc: celery, si.zs
doxen-,' string beans. Be pet lb. ; greea corn.
$1.00 1.60 tack.
! Meets and FyoTMant
COHNTRT MEATS SeUine nrice: Cnnnrri
hogs, 219 22c per Ib. tor top blocker!; beary.
, k. . 1 Q, ,.. K . 1 U I W
ipr, veal, . r w , hi. - j . , avw Uk
SMOKED MEATS Ham. 42 4c per lb.;
oreaxiaat necon, tzwnne; picnan. xoe par Jo.
eottage roUBBo per id.
I.ARD EetUe rendered. 3 So &.; tlenc
compound. 20c
Fish and Shetmsti
FRESH FISH Salmon, fresh Chinook. 1 4 at
16c lb.: halibnt. fresh. lSo20e pe rib: arsr-
reon. ( ) ; black cod, 10 lie lb.; kippered
salmon, $2.80 per 101b. basket; kippered cod,
$2.35; ratoi rUms. ): crabs. $2.753.7i
oozen: nng coo, owso id.
OT8TER9 Eastern, per gal. i 85.00;
BUQAR Nominal pricee, refiner' basis:
Cab, $10.19: trait sod berry. 818.80; D yel
low, lll.iv; srannwsv, tis.iv; extra u.
ai'.V": ansaeix tif.ov.
HON ET New. $T.OOe8.00
BICE Japan style. No. 1, 11c; Kew Orleans
bead. )j Blue Rose. 14e IK
8AI.T Cosme. half ground, 100. $17.35 per
ton; 60s. $18.75: table dairy. 60s. $27.25;
bales. $3.50 4.00; fancy table and dairy.
SS4.50; tamp rock, $28.60 par ton.
RRANS Sale by iobbera. 8 mall wtrita.
7 H lb.; Urge whits, tt lb.; pink, aft lb.;
limaa. 12 He; bayou. 11 t; red. 10Hc; Ore
gon beans, buying pneea. nominal. oc is.
CANNED MtLK Carnation, $9.50: Borden.
$ 50; Aster. $ 40; Eagle, $12.85j Ubby.
SS.50; MooJtt Vernon. $4.40 per cms, i
COFFEE j Boasted, 14 48c la sacks or
dram.
RODA CRACKERS Ib bulk, 20e per lb.
' NUTS Walnnts. S3 40c per lb. ; almonds.
S8c: filbert, sze in eaec sots: peanuts,
0 15c; pecaoa, zse; xsraaiis. tao.
Slnna Slnt. OUa
'ROPE Osal, dark. 18 Me; white, 20e ft.;
tUndard Manila. 2 I
LINSEEO Oil. Haw, bbk.. $1.(4 gsL;
kettle 'boileu, bbK, 81.71; taw, cases. S1.S8
kniiat mw,. S1.71 aaOoa.
COAL, OSL Pearl or water whits ia drams
or iion bxrrels, 17 He gsilott; exjee, 30 per
- OASOLIXE Iron barrels, 29 980 He: eaxeaj
41 He: engine autmxta, ;, iron eerreia, toe;
bus Hike.
V7HITE HEAD Ton lots, lie: 800 lbs..
IS He per R. .
TLRPENTLVE Tsnka, $1.08; Neaaea, $2.11
10 case lota, la each.
ftae. Wool and HMs
- HOPS Soaimal. lIt crop, 70o poond.
green or silt call (-
greea or salt kip (It
tit seuia. ec; greei
innarr-l ID". J , Ze.
orase tau waHghUlt'Ve;
war is poemexi. zoetlle;
Milt. T - A-m ki. v-.
SALT HORSE HIDES targ. 84 each
rA--Mttiu' each
mmmvm i .mil ; , aacB.
salt horse
rELTS-jDri fine Inns wool naMa. lse;
fdia Joot wool pUa. 12s; dry eooree kmg
&ALT FELTS salt tor wool pelts, 12.00
. $ 60 ( 10.60
. 8.50 S 50
. 7.50 m 8.50
. 7.00 7.60
6.00 7.00
7.250 8.00
0.25 9 ,25
6 26S 6.26
2.76 0 4.75
6.00 0 0.00
13.00 15.00
7.00 0 S.00
11.00 018.00
0.00 011.00
6.60 0 7.00
6.60 0 0.50
GAIN! MADE IN CASH v RESERVES
INCREASE IN NET
DEPOSTS
SHOWN
Kwoe
No
0.
27.
32.
1.
2.
Ch.
27.
4 .
4 .
1.
17.
8.
Mandav Morning Sales
STEERS
At. lb. Price. No.
. . 742 $ 7.25 29.
. .lot 7 e.oo e.
. . 960 8.(10 11.
. . 850 7.50 9.
. . 860 7.00 1.
..1063 9.50 0.
At. lb. Price.
.1000 $10.00
.1000 O.oo
1 .
2.
3.
3.
3.
1-.
5.
20.
2.
24. .
3 . .
1 . .
6. .
Sc
2. .
1. ,
11..
"0. ,
20.
.1007
. 917
.1016
. 910
. 043
.1001
.1040
.1026
. 976
. 933
. 980
COWS
980
1072
450
895
6.75
6.75
6.75
7.50
7.00
6 50
7.25
6.50
3.50
4 00
7.00
CALVES
31 . .
3. .
i7.;
2. .
4. .
10. ,
.. 819
. . 000
. .1100
. .1060
. .1060
. .1008
. .1320
. .1025
. . 1075
.. 60
8.76
6.30
7.50
7.83
7.25
6.76
6.00
7.50
5.00
7.25
7.26
6.00
5.60
7.25
1. .
1 . .
4. .
. 800 $10.00
. 180 14.50
. 387 8.60
. 320 8.00
BULLS
.1020 3 5.50
HOGS
. 172 818.00
818 16.00
10.00
16.00
15.50
17.50
18.00
15.00
LAMB!"
68 $10.00
66 9.00
YEARLINGS
85 3 7.00 2i. .
WETHERS
148 8 5 50
MIXED SHEEP
85 3 6.00 1
440
140
898
260
200
300
6.
1 .
84!
18.
6.
3.
158.
170 $14.50
195 14.00
284 9.50
.1290 $ 0.25
130 $16.00
400 16.00
373
177
165
208
216
16.00
16.00
17.60
18.00
17.00
Increases of 18.8 millions in net
deposits and of 28.9 millions in fed
eral reserve note circulation, xt
against a grain of about six millions
In cash reserves, are Indicated In the
federal reserve board's weekly bank
statement Issued aa at close of busi
ness on August 27, 1920. fa conse
quence of these changes the banks'
reserve ratio shows a decline 'from
4S.5 to 48.2 per cent.
Holdinga of all classes of paper were
larrer than the week: before, bills se
cured by United States war obligations
showing aa increase of 11.2 millions,
other discounts an increase of 34.5 mil
lions and acceptances bought in open
market an Increase ef 1.4 millions.
Treasury certificates on hand declined
by 8.5 millions while total earning assets
show an Increase for the week of 45.1
millions.
Of the total holding of 1114.8 millions
of paper secured by United States war
obllgationa 860.8 millions, or 60.J per
cent were secured by Liberty bonds,
307 J millions, or 23.4 per cent, by Victory
notes and 846.7 millions, or 26.4 per cent,
by Treasury certificates, as against 60,'
23.2 and 26.8 per cent of a corresponding
total of 1301.8 millions reported the
week before. Discounted paper held
by the Boston. Kew York and Cleveland
banks includes 166.5 millions of paper
discounted for six reserve banks la the
South and Middle West, compared with
151.2 millions shown at the end of the
previous week, while acceptance holdinga
of the Philadelphia, Cleveland and San
Francisco banks are Inclusive of 48.9
millions of bank acceptances bought
from the New York and Chicago banks,
compared with 35.4 millions shown the
week before.
As against a reduction of 11.4 millions
In government deposits, members' re
serve deposits show an Increase of 24.8
millions. All other deposits. Including
mainly foreign government credits and
non-members' clearing accounts, show
a decline of 1.6 millions, while the "float"
carriea by the reserve banks and treated
as a deduction from gross deposits Is
shown 6.8 millions less than the week
before. The result of these changes
is seen In an increase of 18.6 millions
In- the calculated net deposits. Of the
total Increase of 28.9 millions in federal
reserve note circulation, over 60 per cent
represents the combined Increase re
ported by the Philadelphia and Cleve
land banks. In addition, there Is shown
an aggregate Increase of 2.2 millions
in federal reserve bank note circulation.
Gold reserves show a gain for the
week of 5.6 millions, while other cash
reserves increased by 0.5 millions. The
capital account of the reserve banks
shows a further increase of $998,000,
the Chicago and Kansas City banks re
porting the largest gains under this
head.
lited by
WlUP.IIeasUii
Labor Day Causes
Markets to Close
Monday being Labor day. alt the
Eastern financial, grafat and cotton
exchanges were closed. Local whole
sale houses were also clotwd and only
the stockyards tranaactcsd bus! new aa
usual All markets win reopen Tues
day morning.
than SO rears, sad has baA nmmr stood ereee,
bot nnn. whirl, a,r,rl so bcary leldX
and It is believed win teat Jio. 1. sad w4sh
Ta - pmrads to the waalaU. It w
crop ef pea last rear.
that a4 produced
aft Rm there are .efK4.-M
and bad 300 acres of naea (M. - i.fv
"? to " or e strtlre 300
seres, JTher (arsj 1 000 scree 3t aorth at
taws and part of their land jotn, the- city lkw
ThT ..IS' Peaa tee ..Teral
reers and this season have completed the rota
Uoa of erops ea their land until ersry ser
baa produced a crop of peaa. Ttiey had 100
acres ia peaa this . year that had never no.
dawed peaa before, but now til of their fend
baa prod need St least one crop ( peaa ssd
some ex it nee praaoccd two crop.
Wheat la tndar worth 82.16 at Mi
wtslcn woold anea tbe crop on the 100
oi saiz onum jana worm sio.zta.zs, or
8101.62 per acre. Much of the '.and awn erf
br Viz Brother was booaTfat for leas than tbe
same ef Uue crop ef wheat Tbe wheat waa
eat wttb s binder sad threshed wtta a
thresher. The pea were ent with a
and threshed with tbe same machine that
threshed tbe wheal
Investor's Move Is
Cause of Activity
The tax exemption feature of munlci
pal bonds probably will be an especial
attraction to Investors who, in Increas
ing numbers from now on, will seek bar
gains among long terra bonds In order
o assure themselves a high yield
against the return of lower interest
rates. The recent Increased activity In
the municipal bond market Is clearly the
result of the beginning of this long ex
pected move on the part of the investor."
WAGE REDUCTION
WANTED BY M ART
. By Brosxlan Wall
New Tork, Sept. . This Labor
day ia destined to be historic, say
the leading thinkers of the financial"
world, because It marks the turning
point of the rrtat war.
It must be understood that wars never
begin nor end with the fighting. The
fighting begins after aa economic crisis
is reached. After the fighting ends an
other economic crisis must develop be
fore things can mend permanently. It
is that second crisis that the great fi
nancial economists of the world believe
has now been reached so far as America,
ts concerned. The final European crisis)
is still In the uncertain future.
That Is why there is so much cheer
fulness developing In Wall street. That
Is why money Is going to 'be cheaper,
wages lower and the cost of living ma
terially reduced In America,
This Labor day should therefore be
one of rejoicing for all -good 'American
clUiens.
The Wall street point of view la that
it makes no difference to the working
man what his wages are in money. The
only question Is what he can buy with
that money. From the Wall street point
Of view wages are now very low for
the working man and higher for the
employer, whereas, a reduction in the
money payment of wages would buy
more for the wage worker and would
mean a real increase to him. This point
of view should be distinctly understood,
because Wall street. In talking wages,
believes it is really doing the wage
earner a friendly turn.
Governor Oloott has Issued requisition
papers for the return of W. J. rickett,
under arrest trfKansas. Me is wanted
at Olendale on the charge of non-support.
76 310 00
118 8 7.50
tMARICET
BASKET
RETAIL PRKXT.
By Hyman H. Cohen
With a few days of good sunshine.
there will be an abundance of tomatoes
available for every need of the house
wife for canning purposes.
The vines are literally covered with
green stock of good size and quality and
while no very low prices are expected
as compared with those today In effect,
still tomatoes promise to be cheap
enough to give everyone a chance to put
up what they need for winter.
Fruit jars have not been selling so
cheaply in Portland for many a year as
today. By "shopping" around, the house
wife can secure them for 80c a dozen
or less for the quart size, a price that
has not been generally reached in this
city. Some years before the war there
was a temporary glut of jars and quarts
were sold down to 80c a dozen but this
price did not remain long,
There is little likelihood that the price
will go any lower than' at the present
time, therefore it is advisable to take
a chance and put In sufficient stork for
the coming season.
The followlns prices rale ceneralle In iwtn
shops for rood quality. Rome values are frac-
Ucnaur Mg&er and inferior stuff fraetionall
lower:
Butter Best creamery. 70 0 78c
Ecce Freeh laid. 65c doten: fane freah.
60c per dozen.
Poultry Chickens' dressed. 80(M0e per lb.
Pish Salmon. 2Sc per lb.; halibnt, 80c lb.
Floar Best local patent. 33.20 0 4.30 ner
sack, 40 Ib.
rotatoes BnrtMnki, 3 4c.
Onions Dried, 3 H 04c per lb.
8trwbernas Ore on, 20c per box.
Blackberries Oreaon. 20c per box.
Uieen corn 20 9 30c per dozen.
Plenty of Water Is
.Reported Available
White Salaaon. Seofc. fi T nmmeter nf
the proposed irrigation syrtara fer tbe Whit
Salraoa valley are greatly elatad over toe report
that plenty of water to available for the pro
ject. R. A. Band, hrdrsulie engineer of Port
land parties, baa. r tbe past ten days, beea
looking em the r mi try stxmt lit. Adaraar
where creeks tnbataty to the Lewie river were
snrreyed and tbe teaafbUity of diverting thee
to the Whiter Bahnon river investigated.
The water I then to be taken from the
White Salmon river near Yvctncarteners bridge,
aboet 17 soils from White Salmon, asd weed
la trrlsating -he tower valley.
Record Yield of
, Wheat; 47 Bushels
Grown at Moscow
Moscow. Idaho, Sept 6. As vers re of 47
bushels or Jenkins rhib wheat per acre 1 th
record yield from 160 acre on the farm of
Mix Brother, hut north ef Moscow. The
threshing wa finished this morning, and the
record established. The land waa measured
and the wheat ia expected to weusli oat more
than the number of bushels shown by machine
me ami re which usually over run.
"This to th best crop we hve svsr raised,
mid G. P. Mix. who has fsnnsd here for more
New Issue
To be offered immediately.
Phor.e Tuesday for details.
Main 6.46.
q
-'O
Seoceeo tDCCgr Maim 646
NORTMWrSXERH BANK BLOC.
8.00 each: salt lamb pelt. 6078 eaeb; sett
bearinsa. 25 4r hOa each; aali eii opera, lie
3e each. -
MOHAIR Cong. S5es short, IS Ib.
TALLOW AND GREASE No. 1 tallow, Ts;
o. 2. 8c
CASCARA BASK New peel. 8e Ox; eld
perl, 10c per Ib.
ftteeks. Beads, Cottea, Grata, Eta.
816 tl7 Beard ef Trade Belial ag
Overbeck&CookeCoJ
DIRECT PRlVATEiWIRES
TO LL EXHANGES j
Kembers Cklcage Beard ef Trade !
Cerrefpoadeats
' Caleage , :
ef
Xe gas Bryaa :
Hew York
FACTS no. US
SOILS and
ROADS
The Bureau of Public Roads, De
partment of Agriculture, Is investi
gating the relation of different soils
to roads to determine the adapta
bility of certain materials to speci
fied geological formations. From
Canada, Texas, from the Pacific to
the Atlantic, roads Impervious to
soil or climatic conditions giving the
best of service are those paved with
WARRENITE
BITULITHIC
LI WARBEK BROTHERS COMPAHT
Efficiency
and
Low Cost
F.W.Baltes
& Company
Printers
First and Oak Streets
,; Mala Iff Ante l 1-6 S
Canadian Bonds Yielding
from734to9
$98,000 Province of
MANITOBA
Five Year 6 Gold Bonds
Exempt
From All
Dominion
Govern
ment Taxation
To Yield
Dated Asgwst 16, 1818.
Das Aegsit 16, 1M8,
Principal and half-yearly interest (February
and August IS) payable In gold in Mew York or
nominations: 81000 and 8600. Bonds msy be
registered as to principal. Legality to be ap-
at the quarters of Morris Brothers, Inc. De-
tlonsi 1(
proved by Honorable A. B. Hudson, K. C
AUo the Following
Exceptional Offerings!
8,600 Calgary. Alta.t Rate 1 Maturity 1U8
Price 04J6; Yield 8.
17.MS Eemoatoa, Alta. Bate Materity lttS
Pries 64.61 1 Yield t.
MM K4noate. Altsi Rate Jtfstsrlty
184 Prlee 81.16 Yield !".
1,608 Prises George, B. Cvfetreet Improvsmcati Rate l
Matsrlty 18S6 TttoriUU Yield
1,866 RsgUia. feasketcbewsB, Rate 6J natality 118 Prlee
7,66 Selkirk,' Mam.?' Rate Matarlty 1K8 Prlee 18.11 1
8rft6 WlBBlpeg (Greater) Water Dlitriett Rate Ma rarity
If lit Prlee t.78 Yield 8. ,
1,06 Winnipeg (Oreater) Water Slstrlett Bat tl Maturity
IMlt Price 84t Yield 8.
Exempt item all Doatlaloa Govtrameat Taiatloa
Orcer by Tslephoa or Telegrapa at Oar Eipeaie
MORRIS BROTHERS, Inc.
Tbe Premier Maaleipal Bead Hoate. ,
Bctweea Etabllked Qsarter ef a Ceatery. Tslapkos
6tk asd 6th Morris Bldg- 68.11 Htark SU Broadway
t treat a. ' Capital Oae Mlllloa Dollars. IU1
The greatest outbound
Shipping Point on the 0. S. L:
In Idaho
7500 carloads of agricultural products all
raised within Idaho Falls' trading radius
are shipped to market annually from this,
thriving city.
Another reason why we recommend
without reserve these
One to Ten-Year 6!4 Imp. Bond
Priced
to Yield
IDAHO
7
INCOME TAX EXEMPT
Den. $100. $500, $1000
Amouutma
Lumbermen Bldg.
HALL & COMPANY
Bay and Sell U. S. Coverruntrnt. Forelfa Government.
Railraatt. Pakli UtJUty, lxxlaa trial. Mnaicipal
-BONDS
i Quotations Upon . Raquest -Lewis
EUf Portland, Or. Telephone Broadway 960