16 THE OREGON DAILY JOURNAL; PORTLAND, OREGON FRIDAY, MAY 7, 1C21. VATER IS PUMPED FROM CELLAR AND RUNS RIGHT BACK Efficacy of four-Inch or any other Inch centrifugal pump to keep a - basement clear of water during; the present high conditions in the Wil lamette are nil, according; . to the head of the house of Freeman . & Son. implement men on the east side. , Water- backed Into the basement of Freeman A Son. Freeman would keep it clear by the use of a four inch pump, which, according- to laws made and pro vided, should reduce the water in his basement at the rate of an inch an hour. The pump placed, huge stream was thrown into the-gutter on the Belmont street side. . Freeman watched the opera 'tlon all night, but the gauge stood the same. On Thursday it developed that the water was running down Belmont to Water street, thence to Morrison, back to Front and into the back end of Free man s basement. . "I see now where they get that term laughing watery commented J. A. Free man, president of the firm. "The water that's la our basement certainly has the laugh on us. We've been paying for the gasoline to give It a ride around the block all night long, and here it is back again. Just as good as new." chapter, P. EL 0 closed Thursday. Vale was'cbosen as, the meeting place for next year. ; Officers . elected and installed : President, Edna C Brownton, La Grande ; first rice president, Mrs. Emma Parks, Portland second vice president, Mrs. : Maud Kent, Corvallis; organizer. Mrs. Mary T. Logan. Tualatin ; recording secretary, Mra Mabel Settlemier. Wood burn : corresponding secretary. Mrs. Ethel 8. Palmer. Newberg; treasurer, Mrs. Mattie Bod in e, Portland. Exercises Held by Class at Corvallis Oregon P. E. 0. Names New Officers for Year Wood burn. May 27. The three days State convention of the Oregon state Corvallis, May 27. Senior class members of Corvallis high school held class exercises Thursday morning. Vic tor Trask gave the class prophecy, Edna Heath the class history. Deane Patterson the elass will and Miss Helen Humphrey, senior president, presented the keys of the high school to the junior class. A Memorial day program was given in the afternoon. The Rev. L. Myron Boozer, student pastor of ; the Presbyterian church, spoke. Members of the O. A. B, and W. R. C attended. ' Mrs. Eva Dye Will Address Students On Oregon History Willamette University, Salem. May 27. Mra Eva Emory Dye of Oregon City, writer and authority on Oregon history, will be tendered a reception here Mon day evening and Tuesday will lecture on Oregon history and speak at chapel exercise. . A series of six lectures on the Bible will be delivered by Professor James T. Matthews, head of the department of mathematics of the university, before an - Epworth League institute at Lake Wallowa the last week in July. This 3-Piece Bath Outfit Complete for $m75 ................. '.).; . Come and see this high grade set of bath room fixtures on our sample floor.- Consists of S Foot Enameled Tub wth nickel plated cock and fittings, lavatory with apron, and toilet wrth white vitreous tank complete with all fit tings as illustrated. . - . . 1 - -- - . We sell the fixtures or contract the complete installa tion. Direct to you no sale too small no order too large. Get our prices. Out-of-town orders shipped promptly. c. . a . . s i . STARK-DAVIS CO. Wholesale and Retail Plumbing, Heatinr and Electrical Suppli 188 Fourfh Street " Between Yamhill and Taylor ; Phones Main 797 and Auto. 549-78 es PITTSBURG Instantaneous WATER .HEATERS QUAKER PIPELESS FURNACES Vigilance Men Are r Selected; HagedoriV Is Named Chairman Oregon Agricultural College, Corvallis, May 27. Members for the '24 vigilance committee, an organisation which has charge ef the instruction of the rooks. have been chosen. Orval Hagedorn of Salem will" be chairman. Other members are : James Rossman, Portland; WilUam Allsworth, Crawford. Wash. ; R. G. Johnson, Kresno, 4Jax. ; Jake Raul. Portland : Frank Rossman. Salinas, CaJ. ; Everett Miller, Long Beach, Cat ; Lowrie Porterfield. Zxng Beach. CaL ; Cloyes Collins, San Ber nardino, Cal. ; wiuiam- ta. wuiiams. Bend ;- Charles Cummings. Nashville ; Howard P. Lewis. Marshfield: Edsrar C. Kenyon. La Verne, CaL; Cecil R. Ful ler, Portland; Lloyd A.' Couch, Sher- woou ; May xougnrey, rayeiiaj, anp , Fred C. Klaus. Salem; Hobart P. Ver milye, Yakima, Wash. ; WilUam North, Clatskanle; Harold Scott. Los Angeles; Jackson o. Koetner, a wajon. iai. , rxi warii 1. Rvan. Portland : Reginald F. Tousey, Portland : George H. Webb. Los Angeles : lAwrence laupmn. munooro ; Patrick J. Lawler, Raymond, Wash. ; George Poole, Portland ; Arthur V. Walker, Portland ; Oliver C Jessup, Portland. Members of next year's citation com mitt. Mir.twrnetuatiner organisation of the sophomore class to instruct fresh men girls in true Beaver spirit,' have been chosen. New members' are : ' ... Mildred Thompson. Falls City ; Helen Mclntyre, Weiser, Idaho; Helen Adam- son, Aaniana ; famine jjick. roruau , Alene Olson, Corvallis; Evelyn Clark, -nw.. 11 1 af-J tlnv1 TCasnsl Ann Mta. Pherson. Portland; Helen Sinuns. La- Grande; Ulaays LamD, xaaimav, nun.; Estelle Johnson, Eugene ; Mildred Im lah, Salem ; Wilma Ingles, Lebanon ; Eva Sctaultx, Portland ; Marie Town- land ; Katherine Gibbard, Salem, and Marjory Joy, Poruana. i t , -Students at the Oregon Agricultural college, completing their prescribed raili , . w .Aimt ma.v i-ftcv.ivA nrab&tionarv commissions as second lieutenants In the marine ,, oprps. according to word re ceived by iTeSJaem w. J. xverr iruiu John A. Lejeune, major general com mandant at Washington, D. C ExaminaUons for entrance , into the diplomatic and consular services of the United States may oe lateen Dy graa uates of the Oregon Agricultural col lege, June 27 and July 11. according to word received by President W. J. Kerr from the state department, i Freshmen to Burn Caps and Ribbons In Annual Bonfire Oregon Agricultural College, Corvallis. May 27. The class of '24 will end a year of subservience to the sophomores when they burn their green- caps and hairribbons Saturday morning after the rook-sophomore tug-of-war. "Rooks" and "rookesses" will gather about a fire on the baseball field to make their burnt offerings. r Applications from 148 girls were re ceived by the T. W. C. A. employment bureau at the college from October 1 to May 1. Calls for workers have been sent in by 142 persons. The 'Y" is try ing to find summer work for many of the girls. J. C. Foley. of Corvallis, who. will re ceive his master's degree In June, and who has been a teaching fellow in the department of xoology for the last two years, has accepted a half-time assist ance ship in zoology at the University of Wisconsin. He .will work towards the doctor's degree. . t Boy Scout Camp to Be Opened July 2 Wallace, Idaho, May 27. The Boy Scout recreation and training camp at Coeur " d' Alene lake will be opened on July 2. The season- wiU close August 27. With facilities for handling 48 boys at a time, two weeks are allotted each detachment. , .. - - i ? S - ' -J I m a - - . mm t - . - mvbh mm i 1 1 1 ill mr mt . - mm 11 11 11 juoaig jjj'isiLaiice service - to tlie Coast ! The summer season; at Oregon coast resorts Svill soon be here. It will soon be time to move the family to the cottage on the ocean beach. Long-distance lines of The Pacific Telephone and Telegraph Company reach all coast points: Seaside, Gearhart, Long Beach, Seaview, Cannon Beach, Newport, Tillamook, Rock away Beach. . i , , ! - - u Why, not reserve your cottage by long-distance-make your arrangements for the summer season by using Pacific Long Distance service. It will save you a trip to the beach andiwill be quicker and just as sat isfactory. ' j . '. : ' Then plan to keep in touch with the family during the summer season by telephone. It is better than writing a letter and more satisfactory. Every effort is made to expedite calls by day or night. You will find the service quick,! efficient. and courteous. Ask for Pacific Long Distance. : . i " - " . . ' ' " - ' THE PAClipIC "TELEPHONE AND TELEGRAPH COMPANY BUSINESS. CONDITIONS ARE IMPROVING, SAYS JUDGE GARY U. S. STEEL HAS NO EARLY CALL New fork, May 27. (L N. S.) Trading conditions were mixed again today - in the market, many leading stocks showing strength and moving up to higher . levels, - while a number of specialties showed marked declines. , Mexican Petroleum moved up one point to 151, but reacted to 150. Bal timore & Ohio advanced to 41 on fairly large trading. Studebaker was a weak feature. After making a gain of to 73 it had a sharp decline to 70. .., The market, which was largely pro fessional, later became unsettled. Stu debaker, after its decline of 70, was in better demand and rallied to 71, and fractional ' gains were ' made in Kelly-Springfield Tire and u United States Rubber. . " United States Steel occasioned gen eral comment. For the first time since that stock has been traded in on the stock exchange, a period of over 20 years, there were no transactions in it during the first half hour, and a quo tation was sent out reading 8283 Baldwin ranged from 82 to 81. Rails, after showing strength, also became heavy, Reading falling nearly two points to 70, and Northern Pa cific declined to 70., International Harvester dropped to 86. ' Thursday's Quotations Famished by Orerbeck Cook Co.. of Trade buildine: Board 1! II - - . .. ! . : .. - . , - - i ' Saloa. 8TQCK.' I High. Low. Bid. 200 AdTinee Bam . . .. . 17 1 16) 15 1T00 do pfd. 48 8S 47 200 Arr. Cham. ...... 50 49 49 ?0p Ajax Rubber 30 29 29 H 1000 AUakm. Gold H llOOAlaaka Janeaa ... 1H 1 1H 800 AHi-Chalmr .... S3 83 83 H ..... do pfd. . - 74 400 Am. Beet gufu .. 87 97 87 1100 Am. Boaeb 45 45 43 7800 Am. Can Co. il 28 80 ..... do pfd. 8 500 Am. Car Tdj... 123 VI 123 123 ..... do pfd. 108 100 Am. Cotton Oil... 19 1914 20 do pfd. i 48 400 Am. Drnt. Synd... 6 ' 6 ; 300 Allied Chem. .... 44 44 43 400 Am. Hide a Leatlx. 12. 12H 12 1500 do pfd. ...... . 65 54 VI 64 "A 100 Am. Ire. 55 65 54 Vt 2500 Am. Intl. Corp. .. . 47 45 Vi 45 600 Am. Linaeed .. ... 30 29 12 400 Am. Loco 85. 84 84 do pfd. 101 1300 Am. Saf. Raaor. . . 6 6 Am. Ship A Com. 9 600 An. Smelter 43 43 43 400 do pfd. .... I -. 77 Vi 77 77 100 Am. Steel IMr 29 29 29 4900 Ann. Sacar 89 87 88 890 do pfd. 99 99 98 S00 Am. Sumatra...:. 88 62 62 4100 Am. Tel. & Tel.. 104 104 104 S 000 Am. Tobacco 128 128. 128 ' ' 2O0 do "B" 127Vi 12SH 127 4aOOiAm. Wool 74 73 73 ... .. do pfd 97 ..... Am. W. P. pfd 82 100 Am. Zinc ...... 9 OH 9 600 Anaconda ........ . 41 41 41 400!AAsd. OU......... 99 99 99 400 Atchison 81 80 81 200 do pfd 75 5001 AU. Coast tine. .. . 78 77 77 V ' 2500AtL Gulf, a W. L 89 38 88 27400 Baldwin Loco..., .. 82 79 81 do pfd . . . 99 '9200 Balto Ohio..... 41 89 40 200 do pfd 51 51 51 8900 Beth. Steel "Bn... 58 57 57 100 B. B. T.....i. 12 .....Butte C Z.... 5 4 4 100 Butte a Sup..... 14 14 13 SOO Caddo Oil 15 15 14 lOOICalif. Packins 59 59 59 2800 CaKf. Pet........ 44 43 44 190 do pfd 76 76 76 1900 Canadian Pac. . . .. 115 114 118 9600 Cen. Leather... ... 87 87 87 100 Cerro Ue Pasco. .. . 29 29 28 1800 Chandler Motor 64 62 62 300 Chicaco N. W... 66 65 66 800 Chi. GtT .i 8 do pfd. ....... 18 18 19 1600 Chile Copper .... 12 11 11 400Cbino 25 25 25 1100 C. U. Bt P 29 28 28 4200 do pfd. 43 42 42 2800 Coca Cola 28 28 28 1700 C. A O 68 57 68 100 CoL F. a I 29 100 Colo. Southern . .. 37 87 87 200 CoL Gas. it Elee.. 59 59 69 1700 Columbia Graph . 7 " 7 7 500 Con Gas : 88 86 87 SOO Continental Can . . 49 48 48 - 600 ConU Candy 1 1 1 3700 Corn Producte ... 69 68 69 SlOOCosden Oil 83 82 82 10700 C. R. L P.... 83 82 83 800 do pfd. A 76 76 76 100 do B pfd. 65 65 65 14400 Crucible ......... 11 70 70 do pfd. ....... 83 1900 Cuba Cane 17 17 17 1700 do pfd. 56 54 54 800 Cuban Am. Surar.. 22 21 21 200 Del. & Hudson. .. 100 98 98 200 Dome Mines 19 19 18 i ..... D. a B. o , I .... . do pfd. 1 ! 2100Endicott Johnson . 63 ' 63 63 8000 Erie 14 14 .14 2800 do 1st pfd.... 21 .20 20 . do 2d pfd..... 14 400 Famous Players ... 72 71 71 . . . . i Fed. Mine, a Smelt. .......... 6 ..... do pfd. , . ..... ..... 25 1000 Fisk Tire ....... 14 14 14. , . . . Gaston Wmi 1 200 Gen. dears 58 58 58 1000 Gen. Elee 135 134 133 21700 Gen. Motor 11 10 10 100 Gen. Mot. 6 ............. . 67 Goodyear 9 20900 Gen. Asphalt ..... 69 68 68 100Goodricn 37 35 36 Granby . , 22 400 GU North. Ore.... 29 28 28 8100 Gt. North, pfd... . 68 67 67 . . . . . Greene Cananea ... . . . 23 ' 200 Gulf S. Steel 36 35 88 200 Hupp Motor ..... 12 12 12 1100 Houston Oil ..... 74 72 73 ..... Ills. Central 90 200 Inspiration ....... 36 85 35 800 InL An Corp. com. 9 100 do td. ............... . 40 800 Interboro 4 4 4 ..... do pfd. : 11 1200 Interstate CaUahaa. 5 5 5 200 1st. Harr. 91 89 89 ..... do pfd. . 103 , . . . . . lot Merc. Mar. 14 200 di pfd. ....... 55 53 54 ! . 800 Int. Nickel 15 i 2400 Int. Paper 68 67 67 I ..... do pfd. 94 i 1900 Invincible Oil .... 16 16 16! 1700 Island Oil ....... 4 3 4 ..... Jewel Tea- . . . t ' 8 22001K. C Southern... 27 27 27 do pfd. 80 ! 9100 Kellj-Socfld. ..... 48 41 41 1200 Kenneeott 21 20 20 1800 Keystone Tire .... 14 14 14 2600 Lack Steel 48 47 47 900 Lefaich Valley .... 53 52 52 ..... Lorillard 153 U N... , 97 Maxwell Motor ; 4 do 1st. pfd. 4 do 2d pfd. 1 84800 Mez. Pet. ....... 152 149 150 100 Miami . . . . 22 5500 Middle States Oil . 13 12 13 2000MidTale Steel .... 27 27 27 800IM. k. A T...... 8 2 3 Gray, White or Black Casket Two Autos, Hearse, Km halm ing. OutsL.de Box. Orave Marker, funeral Notices; Besf -ers Gloves, Personal bervioea Use of Chapel. ftliller & Tracey Independent Funeral Directors yr ashutgtox at eixa st. Phones: Main 2681, 878-85 Ireland -Asking : For Rope Supply; ';. Lumber Inquiry IsqBiries are referred to the for eign trade bareea of the Pertlaad Chamber of Commerce. The amber soald be' given. - 84787 A snereaatne eonpaay la Ireland desires to pnrcbase maaila rope of all slses la qaasUty of about 88 toss, annually, abost one ton as sally of maaila netting twines, and abost one ton asnaally o fishing Uses. Q notations should he'glvea e. I. f. Dnblls. Term i Cash agaiast doenmeats. 84869 A ataanfaetaring company la Belglsm desires to seeare an agen cy for the tale of spruce, pise and all varieties of white woods for the msn nfactare ef packing eases; and oak, beech aad otber woods for- faralture and cabinet work. Quotations should be given c. L f. Antwerp. Be fere sees. : 84885 A commercial .agent ia France desires to secure an agency on commission for the sale of lard aad salmon. Quotations should he gives c i. f . French port. Payment to be made against documents. References. ..... Ao pfd. - ....,. ..... 4 3000 Mo. Pac. 22 21 21 500 do pfd. ...... . 41 40 41 . 1000 Mont-Ward ...... 20 20 20 ..... M. St. P. A S. 8. M 68. . . . . . Nat. Bieuit 118 .1200 Nat. Enamel .... 51 51 61 Nat. Lead 76 200 Nevada Con. 12 11 11 4100 New Haren ..... 19 19 J9 400 Norfolk W.... 97 96 96 6500 Nor. Pac. ...... 72 70 71 Nora Scotia Steel 28 700 N. T. Air Brake... 68 67 67- 1300 N. T. Central .... 69 68 69 800 Okie. Prod, ref 3 S S ..... Ontario Silver 6 . .... Ontario Sc. W 18 Otis Steel 12 4800 Pacific Oil . . . . . . 87 86 36 100 Pac Gas. Elee. 53 53 63 8700 Pan Amn. Pet... . 67 66 68 400 do "B" 60 60 69 lOOPenna. ......... 34 34 34 1700 Peoples Gas . . 52 51 62 120O Pere Marauette ... 22 22 22 Philadelphia Co 32 300 Pure OU 82 82 32 30100 Pierce-Arrow ..... 25 23 23 600 Pierce Oil .... 9 9 9 800 Pitta. Coal . . .. 60 60 60 400 Pitts, a Wert Vs.. . 80 SO SO 100 Pr. Steel Car 82 82 81 400 Pullman 101 100 101 1000 Bay Cons. ....... 14 14 14 '2200 Reading 72 71 72 200 Remington ...... 2 23 25 ..... Replocle Steel 26 4800 Republic LAS 67 65 56 do pfd. 87 100 Rep. Motors 15 15 14 5600 Royal Dutch Oil,. 61 60 60 200 Ry. Steel Spg 83 85 84 . 8. O. Ind. - , . . . . 72 2100 Hears-Roebuck 78 77 78 800 Shattnck. A Hi. ... 7 7 7 300 Shell T. a T 42 41 41 18200Hinclair 25 24 24 lOOirUoa Shef. 39 89 39 4900 Southern Pac .... 76 76 76 2200 Southern By. ..... 21 20 21 2800 do pfd 60 49 49 8200 St. I a 8. F. .... 23 24 24 1 OOlStrnmberc Carb. ... 36 36 86 51200IStudeeaker 75 72 73 (Swift a Co. 96 300iTenn. Cop. tt Chem. 9 9 9 4100 Texas thl ........ 37 36 87 4100Texas Pac 25 24 24 S200Tei. Pac. C. sV O.. 26 25 25 800ITobseco Prods. , 67 56 56 4100Tran. Cont Oil 9 9 9 500 Union Oil Del 24 23 23 1900,1 nion Pac ....... 120 119 119 ICnited Alloy 29 1800 United Food Prods.. 20 19 19 . . . . . United Fruit 109 United Rds. of N. J. 10 100 do pfd. . 23 , . . . . Unit Bctail Stores. 60 60 60 200 IT. S. Ind. Alcohol. .......... 68 22500 U. 8. Rub... i... 70 67 67 100 do lt Pfd 101 101 101 TT. S. Smelting. 83 8800 U. 8 Steel 83 82 82 do pfd 101 500 Ftah Copper ..... 86 85 55 Va. Chem. 31 80 80 2500 Vanadium Steel... 82 31 31 2500 ViTandoq '8 8 7 200 Wabash . 8 8 8 1000 do A pfd 23 22 22 do B pfd .. 14 . .... Wells Fargo 62 Western Pacific 28 ..... Wee tern Union ............. 87 ..... Westhonse A. B 92 800 West house E. A M.. 46 45 45 . . . . .(West Md. 10 20 01 White Motors'.... 38 37 88 . 4200Willys-pTerland ... 8 8 8 200 do pfd 86 20flWilson Packins .:. 89 89 ' 88 lOOJWoolworth ....... 11 8 118 1 13 2)0Worthlnirton Pump 50 49 49 PACIFIC COAST BASK STATEMENT Clearings Monday . , 8 Tuesday . . . . Wednesday . Thursday .... Portland Banks This Week. 5.189.975.51 1 4.855,968.65 3.923.694.54 4.164.219.16 Tear Ago. 9.655.411.48 6,314.909.18 6,163,542.20 4.951.434.94 Tacema Manks Clearings . Thursday , .. 480,780.00 Balances Thursday ........ . 43.166.00 8pekane Vanks "' Clearings Thursday 8 1.288,126.00 Balances Thursday .... i ..... . 466.747.00 an Fraoclaco Banks Clearings Thursday 817.800.000.00 Los Angelas Banks Clearings Thursday 811.627,246.00 . Thursday's Quotations - - Foreign Bond Market (Furnished by Orerbeck a- Cooke company) Russian 8 a, 1921 ........ . Russian 8 a. 1926 Russian 6s, 1919 French 3s. 1981 French 4s. 1917 ........... French 5s. 1920 Italian 5s. 1918 British 5s. 1922 British 6s. 1927 British 5s. 1929 British vky 4s ............ British ref. 4s Belaium . rest. . 5s .... 4 .... . Belgium prem. 6s v 76 uermaa W. 1. es Berlin 4s Hamburg 4s Hamburg 4 s . .......... Leipsig 4s ........... v 15 ieipsng as .V- .......... Manien 4t ............. Munich 5s ............. Frankfort 4s .......... . Jap 4s Jap 1st 4s .......... Jap 2d 4s Paris 6s C. K 6 s, 1921 U. K 6 a. 192 ... U. K. 5s. 1929 ....... U. K. 6a, 1837 Bid. Ask. 14 71 6 9 15 18 67 68 54 55 . 79 80 44 45 895 - 405 891 401 801 401 310 820 279 289 74 77 76 79 18 14 14 14 16 . 17 ' 16 16 . 15 17 -. 16 . 17 15 16 16 18 16 . 17 68 69 84 84 84 84 99 99 99 99 97 97 90 91 '85 83 Thursday's Quotations Standard Oil Stocks - Closing- Anglo . ....... Born Scnrsmer . Buckeye . . . . . . Cheenebrongh . . Cheesebrough, pfd. Continental . ... Crescent . . . . Cumberland .... Eureka . ...... Galena, com Galena Old pfd . . Galena New pfd. Illinois Pipe .... Indiana Pipe . . . . National Transit . X. T. Transit ... Northern Pipe ... Ohio Oil ...... Inter! Pete Penn. Mex...... Prairie Oil ..... Prairie Pipe .... Solar Refg. . . ..... Southern Pipe ... south penn oil . S. W. Penn OU. . W. O. Calif..... 8.-: O. Ind ...... 8. O, Kansas ... S. O. .Kentucky , . 8. O. N. T S. O. Ohio K. O. Ohio, pfd.. owan at r inen . , Vacuum . . . . '. . Washington . . . . 8. O. 'Nebraska . . Imperial Oil . ... . . i . . . . , . . . . . . . . . . . . . . . . , . - . Bid. ; Aiked. 19 ! 20 360 890 82 83 185 195 98 100 114 117 27 29 130 140 89 92 41 48 8 97 93 97 176 180 80 82 27 28 148 147 69 92 270 280 ; 13 16 . 23 27 495 816 188 192 893 410 90 94 210 220 61 65 76 77 73 73 600 610 400 410 838 842 885 305 106 109 SO 45 295 300 28 82 ' 150 160 94 96 BAKERS DEBATE WEIGHT OF LOAF By Ralph H. Turner United News Staff Correspondent 'Washington, May 27.-On the out skirts of Washington, where the bu reau of standards has removed itself from the- annoyances of downtown political life, a group of scientists, aided by a few master bakers, is wrestling; with the 'question : "Shall the American housewife, when she buys a loaf of bre&d, be guaranteed the weight of that loaf? and "if so, how?" The reason for it all is the fourteenth annual conference on weights and meas ures. Bread weight legislation is but. one phase of the conclave, but no other topic Is arousing greater discussion. The trouble seems to be that while the bread loaf can be standardized as to weight, no system has been devised for Insuring the quality of the daily bread. Speaking from the bakers' standpoint, H. K. Barnard, director of the American Institute of Banking, explained : ' "The consumer can get a pound of alleged bread which will do her abso lutely no good, or she can get the same weight of the most nourishing food in the world. Between these extremes there are innumerable variations, for which no system of accurate standards has ever been devised. '. This view was supported by William F. Cluett. inspector of weights and measures in Chicago. Cluett pointed out that while nearly every state legis lature was attempting to regulate the weight of a- bread loaf, oven side, 12 hours after baking, very -few of ' these measures said anything about the merits of the loaf. The bakers spokesman declared that the regulation of weight, frequently would operate against the housewife. De clines or increases in the prices of flour, he said, Bhould be reflected in the retail trade by the size of the loaf, explaining that these price fluctuations were too smsul to warrant the addition or re duction of a cent in the retail figure. If the price of flour - should make a fiftieth of a cent increase - in the pro duction cost of a loaf of bread, the baker would have to add a whole cent to the retail t cost. "The bakers are not agreed that bread should be sold at standard weight. said Barnard. "But they all think the con sumer should get what he pays for. This could be done, he added, by per mitting the bakers to produce any size loaf, but force them to stamp the weight on the package. : Cluett countered: "When the increase in cost of ingred lents amounts to less than half a cent per loaf no charge should be made in the selling price ; if the increase Is one 'half cent or more then let the baker raise the price one full cent "If the baker is allowed to tell us the exact quality, weight and price of our -bread," Cluett continued, "it will be only a short time before other deal ers try to regulate the quality, price and amount of what we eat and wear." No one suggested that the housewife bake her own bread. Bond Certification; Given Approval by State Commission Salem. Or., May 27. Certification of $75,000 in bonds of the Grants Pass Ir rigation district and $125,000 In bonds' of the Wallowa Valley 4 Improvement dis trict was approved by the state Irriga tion securities commission Wednesday afternoon. Several directors of the Silver lake and Summer lake. Irrigation districts ap peared before the board at Wednesday's meeting to urge approval of the sale -of bonds of the two districts segregating $535,000. At a former meeting of .the board a bid of 80 cents on the dollar for these bonds was placed before It for ap proval under", the provisions .of an act of the last ieglslature, which provides that Irrigation district bonds may be sold at less than .90 if approved by the securi ties commission. Bank of Erineville Is , Issued Charter; Crook Bank Closed Salem, May 27. Coincident with the announcement that a charter had been Issued to the Bank of Prineville, Frank C. Bramwell, state superintendent of banks, announced the failure of his ef forts toward a reorganization of the old Crook county bank, which suspended business December 27. Definite action on the application of this Bank of Prine ville for a charter had been delayed pending the attempt to reorganise the Crook County bank, Bramwell explains. Officers of the new institution, which is capitalized at $50,000. are president, J. It. Kamopp of Portland ; cashier, W. O. Hall; assistant cashier, George F. Eus ton ; .directors. A. J. Noble, J. M. Elliott and Lake M. BechtelL Declaring his Inability at this time to make any definite forecast relative to the liquidation of the defunct bank, Bramwell expressed a hope that deposi tors in the old institution may be paid off at the rate of 80 cents on the dollar. This however, he adds, "depends almost entirely upon the. future conditions and prosperity of 'Crook county." Expressing his regret over the failure of the -move for a reorganisation of the old bank, Bramwell predicts a prosperous future for the new institution. - 1 ' Tile Factory Resume. Donald, Or.. May 27. Hoskins & De Sart's tile factory, right in the heart of Donald, has resumed operations after a layoff through the winter months and is working full force to fill orders on "hand. The factory is putting out a class ' of pressed brick and tile that is attracting a 4 large trade. . , -.. . ' Pool Ilall Sold . -Kelso. Wash.. May 27. U F. Long mnA w - vr WvniT . of Seattle have purchased Hub Davis pool hall on Alien street, 'rney win modernize ana Improve It at -once. Mr, Long is an ex-service man and was wounded three timea Both men have purchased resi dences here. Thursday's Quotations ; Liberty Bosd Sales Reported by Orerbeck V Cooke Co. : . Hicn. Low. . Ckwe. Liberty, 8s .......... 8808 8792 8806 liberty, 1st 4s ". . 8742 Liberty. 2d 4s 8710 8694 8700 Liberty, 1st 4s 8788 8782 8754 Liberty. 2d 414 s ....... 8722 8700 8710 liberty. 3d 4 s . . . . . 9066 ." 9083 9034 Liberty. 4tb 4S ...... 8740 8718 8718 Victory. 4a 9798' 9783 9792 Victory. 8 s 9798 9762 9892 ' Stock Topics MMKET President Woodln of the American Car Foundry company regards the future of the railroad equipment busi ness as brighter than any other single industry, v , . Reports that General Motors will dis continue dividend payments at next meeting are largely guesswork on part of traders. Directors do not meet for about a month and the decision reached will be dependent on conditions In the motor industry at that time. South Pennsylvania Oil company de clared a quarterly dividend Of $3, pay able June 30. stock record June 13. - In the previous quarter the. company paid $4 a share. Stock exchange will be closed Satur day, May 2. and Monday, May 30. 'Thursday's Quotations SHORT TEEM JSOTZS Quotations famished by Otrk, KendsQ A inc. . Security Mstaritt Am. Cott on Oil 6s.. 9-2-24 Am. T. a T. 6s....lO-l-22 Am. T. a T. 6a.... 2-1-24 Am. ' Thread 6s. , , , .12-1-28 Am. Too. 7s. , .11-1-21 r Am. Tob. 7s ..11-1-22 Am. Too. 7s.-. ...... 11-128 Amlo-Am. OU 4-1-25 Armour Cony. 7s. .. .7-14-80 -Belgian Gov. 7s... 6-1-48 Belciatt Got. 6s 1-1-23 4 Bethl'm Steel 7s. ... .713-22 Bethl'm Steel 7s. ... .7-18-23 British Got. 6 Vi s. .. 1 1-1-21 British Got. 5 s. .. 1 1-1-22 Canadian Got. ViS.. 8-1-21 Canadian Got. 6Hs.. 8-1-29 Cudahy Parking 7s. ..7-15-23 , Inter. K. T. 7i 9-1-21 Japanese Got. 4s.. 7-10-25 Kenneeott Cop. 7s. . . 2-1-80 Molina Plow 7s..... 9-1-21 Molina Plow 7s..... 9-1-22 Molina Plow 7s .9-1-23 Molina Plow 7s 9-1-24 Nor. Pac. Eqp. 7s, . ,7-15-22 Pacific Gas 7s. 8-1-25 8wit 6 8 15-21 U. 8. Rubber 7s. ... 12-1-23 Bid 86 Vi 1 96 95 95 99 99 99 99 95 08 H 94 98 - 97 99 97 99 92 V4 98 78 84; 99 98 - 94 92 68 95 96 99 93 Asked 86 97 90 96 100 100 100 100 9B 08 95 H 99 :.- 97 99 92 99 74 84 100 6 9 98 BUSINESS IMPROVED SAYS JUDGE GARY New York, May 27.(I. N. S.) General business throughout the United States Is improving but there must be further readjustment be fore the public begins to buy upon a normal basis. Judge E. II. Gary, chairman of the United States Steel corporation, told the American Iron & Steel Institute here today. "I am not at all discouraged; there ia nothing the matter. with the country," , declared Judge Oary In his addreai opening, the annual meeting of the in stitute. 'Judge Gary declared that Bome of, the " prices charged for commodities are un reasonable "if not extortionate." He said that strict enforcement of the law la a vital factor in the restoration of nor mal conditions. - . One of the most hopeful signs of the times, he added, was the apparent dis position of the national administration at Washington to help legitimate bunt- , ness. Judge Gary said that until wanes ' are further decreased the costs of many steel products will not permit lower sell ing prices. He la opposed to further wage cuts, however, until the coat of living, comes down. Land Board Takes '; Over Securities Thursday's Quotations 7 FOREIGN EXCHANGE BATES Corrected daily by tbe foreign exchange de partment oi tbe United States National bank. Quotations below, except tbe pound sterling, ar Quoted oa tbe basis of 100 units foreign currency. Opening nominal ratea on bank- transactional Load. Lbs sterling. Paris- Francs . , Berlin- Harks. . Ijniol Arw . . Athens Drschmas. . . . Copenhagen Kroner Chris tiania Kroner. , , . , . Stockholm 4. Kroner. . . , . . Hongkong . Currency .... Japan Ten .... Shanghai Taela Draft Checka. I 8.92 8.47 1.64 ' 6.39 6.60 17(85 15.22 23.20 80.00 4 8.25 65.75 Cable Transfer. $ 8 3 8 48 1.64 3.40 8.58 17.00 t - 18 27 28.25 50.23 48.60 66.00 Par Value. $ 4.86 19.08 28.81 19.80 19.80 26.70 28.70 ' 26.76 Thursday's Quotations ' New York Boad Market (Pnrniahed by . OTerbeck a . Cooke 4s.. 6s. . 4s.. 4s. 4s. Atchison Gent 4s. Bat A Ohio Gold Beth. Steel Bet. Cent. Pacific 1 st C. B. a Q. CoL St Paul 4s Chicago N. W. GenL L. a N. Uni. 4s. New York Ky. 5s ...... . Nor. Pac. P. U 4s. Reading GenL 4s ........ Union Pac 1st 4a. ...... U. 8. Steel 5s ........ . Union Pac. 1st Bef. 6s... Southern Pac. Cony. rs. . . , , , Southern Pac. Conr. 4s. . . , . Penn a. ConT. 4 s Penna. 1st 4 Vi a . Oho, a Ohio Conr, Ore. Short tine 4s . ,. ....... 6a...... Bid. 76 67 " 82 72 99 60 67 73 80 20 78 75 ,80 4 ,'74 '86 . 78 84 76 61 78 Co.) Ask. 7-4 - 67 68 78 99.60 67 75 61 24 74 76 804 95 75 87 76 85 76 81 7 Salem. Or., May 27. Transfer of the securities In -which the common school fund of the state is Invested from the of fice of the state treasurer to that of the clerk of the state land board Is under way. The transfer involves approxi mately 6000 notes and mortgages on Ore Kon farm lands, aggregating more than 86.000,000, and is made under the pro visions of an act passed by the last leg islature upon the recommendation of the state land board, of which State Treas urer Hoff Is a member. The new ar rangement will place the cuntody of Ihe school fund entirely in the hands of the clerk of the state land board. Assumes His Duties As Treasury Teller , Salem, May 27. C. W. Thompson, who will assume his duties as teller in the state treasury department June 1, wm here Thursday familiarising himself with the activities of the department Thomp son replaces Lester B. Davis, former cashier for the department, who has re sined to accept a position In the slate (ire marshal's office. Piper Addresses Students Oregon Normal School, Monmouth May 27. Edgar B. Piper, editor of the Oregonian, spoke at the Oregon;, normal school this afternoon and was a guest at the dormitory for luncheon. - V An . inventor . has combined . a pencil bolder,' ruler, comb, envelope opener .and nail file In a single compact Implement III III III III hi Long Time j V '. Maturity 1 it , h FIGURE out what , f a yield of I 20 j would amount to over a . 3 term of 15 years. Then ji you will realize just what 4 opportunity is affordei by j fihTrSSiat of TV mmttnmmA - ft J .. lead 6Vs7e Gold Bosdi at Hi 1 ' 93,03 y ; I CLAMC-ICENDALL i I & CO-INC. .. i fifth and Stark Streets , Jtt aj-flaWEnT-MWia 1 TEXT BOOK OF WALL STREET A 40-page book (copyrighted) discussing clearly and unmis takably rules governing stock market transactions: Methods of Trading. Commission Rates. How to Open an Account. Augmenting Ono's , Incomo. Deposit Requirement for Carrying Stocks oa , Ac count, Dictionary of Walt Street. 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