10
THE OREGON DAILY JOURNAL, PORTLAND. OREGON
MONDAY. JULY 11, lftl.
ROY K. B. NELSON
DIES IN QUEST TO
MOVE HEALTH
Telegraph messages received Sun
day announced the death of Roy H.
B. Nelson, vice president of the
Northwest National bank, at Sierra
Madre, Cal. Nelson died Saturday
after a lingering illness. He had
been absent from the bank for about
a year, touring the Southwest, in the
hope that the change of climate
would improve his health.
Nelson was the son of a pioneer
McMinnville family and was a gradu
ate of McMinnville college. After a
few years with a Seattle bank he joirfed
the staff of the Northwestern National
here and was promoted from teller to
cashier and then to vice president of
the bank.
Mrs. Nelson accompanied her husband
on his quest for health and her par
ents were with her in Sierra Madre at
the time of his death. The body will
be brought here for burial. Nelson was
a Mason and a member of various civic
and fraternal organizations. The fam
ily home was at 49 Trinity place'.
"Roy Nelson was very successful in
the different positions he occupied in
the bank," said Emery Olmstead. presi
dent of the Northwestern National
bank. "He was an important factor
in the growth of our institution. He
was advanced from one position to an
other through meritorious work and
had a very bright future as a banker.
He was amiable in manner, most effi
cient in his work and was beloved by
bank officials and staff.
"Nelson came to me when I was
connected with the National Bank of
Commerce of Seattle 12 years ago. He
later joined the staff of the Portland
Trust company. He was named chief
clerk of the Northwestern National in
1913. In January, 1919, he was elect
ed cashier, and the year following he
was elected one of our vice presidents.
He was reelected to that position last
January. Following a run-down con
stitution 'resultant from his arduous
duties during the war, he contracted
influenza, the disease from which he
never recovered."
other legation.
MISS PHOEBE HELEX WHITE
TEACHER IN SC HOOLS, DIES
Miss Phoebe Helen White, who has
been active as a teacher in the public
schools here for the last 26 years, died
this morning at 3:30 at the home of
her sister, Mrs. S. C Armitage, 349
Clifton street.
Always active in the interests of her
associates in the profession, the late
Miss White will be remembered for her
work toward making the teachers' re
tirement fund a reality, as well as the
teachers' tenure law.
Miss White taught in the grade
schools for a number of years, and
for the longest period as an instruc
tor of sewihg in the vocational depart
ment ,of the high school. She last
taught at the Girls' Polytechnic school,
retiring last fall.
Besides Mrs. Armitage, the deceased
had a sister, Mrs. B. L. Shomaker, of
Ashley, Ohio.
Funeral services will take place at the
Finley undertaking parlors at 2 :30 o'clock
Friday afternoon, with interment at
Rlverview cemetery.
"Do you intend to become a Russian
citizen T" "To what party do you be
long V "What is your education, gen
eral and special." "Do you know the
Russian language?
SEWS TRICKLES THROUGH
News from Russia trickles into Riga
through some of the returning emi
grants. The Latvian government, fear
ing the spread of communism, is very
strict in the matter of domicile for for
eigners, particularly Russians. The
Latvian government has concluded a
treaty with soviet Russia, one of the
clauses of which is that the soviet gov
ernment shall not engage in communistic
propaganda in Latvia.
But it was discovered recently that the
Latvian communists have been receiving
ready made communist literature from
Moscow. When some of the commun
ists were surprised by the Latvian secret
police they fought desperately, killing
several detectives. Some of the com
munists were shot, while others are be
ing watched closely.
During the 12 days that we waited in
Riga we knew of four New Yorkers who
proceeded to Russia. They arrived at
about the same time we did, but as
they were directly or Indirectly connect
ed with the soviet bureau in New York
they were admitted to Russia without
much delay.
Those who are familiar with present
conditions in Russia predicted that I
would not be admitted. One Russian
scholar who knows Tnrn said the fact
that? I knew the Russian language was
sufficient to bar me, particularly just
now when Lenin is changing the whole
scheme of his government and doesn't
want observation.
Finally, on the twelfth day I was in
formed that word had come from Mos
cow about my vise. I went to the Rus
sian mission and there learned that the
answer was that the soviet government
not only refused to admit me now, but
would also bar me in the future.
Exactly such'" an answer I received
from the notorious Colonel Myastoye
dov, chief of the czar's gendarmerie at
the Russian frontier in 1912, when he
said to me rudely that I would never
again be allowed to enter Russia be
cause I had criticised the czar's gov
ernment in the American press.
I told the Russian gendarmerie guard
in 1912 that I should come to Russia
again was Russia was free. During
the war this Colonel Myastoyedov be
trayed Russia to the Germans and was
hanged. I mentioned this fact to the
soviet official in Riga, adding that it
was dangerous to prophesy.
If I was to make .one now, it would
be to express my faith that great Rus
sia will emerge from her difficulties
finally and that a new pure democ
racy will be founded here. I should
not be surprised if it became in many
respects an exemplar for other na
tions. In spite of recent trade agree
ments with England, Italy, Germany
and other countries, Russia today is a
greater mystery than ever before.
SIXTEEN KILLED IN
NEW IRISH RUTS STOCKS IRREGULAR
IN EARLY TRADING
Belfast, July 11. (I. N. 8.) After
a temporary lull, rioting again broke
oat here just before noon today. Six
persons were wounded and taken to
hospitals. A revised casualty list
this afternoon put the dead at 16.
In the rioting Sunday nearly 100 per
sons, including several children, were
wonnded.
Forty-two homes, owned by Catholics,
were destroyed.
The disorders developed into a three
cornered battle between Orangemen, Sinn
Feiners and police and there was heavy
firing throughout Sunday and Sunday
night in the city and suburbs.
4 BRITISH SOLDIERS KTT.f J-.n
IN CORK BEFORE ARMISTICE
Cork, July 1L L N. S.) There was a
flare-up of violence in the Cork district
Just before the armistice became effec
tive. Four British soldiers' who had been
kidnaped yesterday were found dead to
day on the outskirts of the town.
A retired British major was
from his bed and shot to death.
taken
Mrs. Sarah J. McDonald
Mrs. Sarah J. McDonald, for many
years a resident of Powell valley, near
Green am. Or., died at the home of her
son, Frank G. Bissell, at Dallas,
Or., at the age of 84 years. Mrs.
UsDonald . was born near Youngs
town, Ohio. November 12, 1836, and died
June 26, 1921. She came to Oregon with
her parents in the spring of 1879. The
family settled in Powell valley, where
Mrs. , McDonald lived until July. 1919,
whentshe suffered a stroke of paralysis.
Sho is survived by two sons, Frank J.
Bissell and Harry D. McDonald, both
of Dallas, and Mrs. Anna M. Thompson
of Gresham, and two brothers, John A.
and Davis T. Moore, both of Youngs
town, Ohio. Funeral services were held
from the Methodist church at Gresham,
June 30.
BRITAIN PLEDGED
TO SUPPORT PUN
(Continued From Pace One)
Education Hall Is
Contracted For at
Oregon University
University of Washington, Seattle, July
11. Contracts for Education hall have
been let by the board of regents of the
University of Washington. Excavation
work on the new building will begin im
mediately, and the structure is to be
completed by the fall of 1922. The esti
mated cost of the building is $500,000.
It will be of rough brick trimmed with
terra cotta.
Education hall will be both an admin
istration and a classroom building. It
will replace many of the smaller build
ings now in use on the campus.
The board of regents has also In
structed architects to prepare prelim
inary sketches for a library building
which will eventually cost $1,000,000.
This building will not be begun for two
years, at which time it is planned to
begin the first unit, costing approxi
mately $500,000.
Albert B. Endrea
Resolutions of condolence were
adopted Sunday by Multnomah Typo
graphical union on the death Saturday
night of Albert B. Endres, for 14 years
employed in the composing-room of the
Oregonion. Endres came here from St.
Paul in 1907. He died at St Vincents
hospital following an operation for ap
pendicitis. He is survived by his wife
and two children, wno live in ParP
rose. His father, mother and brother
live In . St Paul. Bequiem mass fill be
said at St Boae Catholic church Tues
day at 9 a. m. by the Rev. Father
0FarrelL
RED TAPE BARS YANK
AT BORDEROF RUSSIA
(Continued From Past On)
America, telegraphed to Ludwig Mar
tens, the former soviet envoy in New
York, asking him to intercede in his be
half with the commissary of foreign af
fairs and expedite the granting of his
vise.
The Russian soviet government denied
both requests after two days of parley
ing and delay. On the third day of our
stay in Riga, Hayten of the soviet mis
sion, brought to me and also to Mr.
Johnston, representing organised labor
in America, several sets of question
naires which he asked us to fill out
These papers contained questions not to
be found in the questionnaires at any
funeral!
COMPLETE
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IMSALMINO. OUTSIDE SOX.
GRAVE MARKER. FUNERAL NO- I
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OS CHAPEL
$75
I Miller & Tracey I
WASHINGTON AT ELLS
hB-BU-BBBsmfi
will be communicated frankly to the
representatives of America, Japan and
China China will be treated as an In
dependent power in the Pacific nego
tiations. "Japan is an old ally of 20 years'
standing. Our alliance has been of
great benefit to us and also of great
benefit to the maintenance of peace in
the Far Bast.
"The ideals of Great Britain and the
United States are of the closest char
acter. It is our desire to cooperate and
attempt to find means to limit the dan
ger of heavy naval expenditures in the
Pacific and to remove the evils of limit
ing development of our legitimate inter
ests in the Far Bast"
The premier said that the Anglo
Japanese treaty would remain in force
until renounced.
CO YE HA HAT TO PBEYAIL
"It is desired," added the premier, "by
both Great Britain and Japan that the
treaty be brought into complete har
mony with the covenant of the League
of Nations. Wherever there Is any In
consistency the covenant will prevail
over the treaty. The league has been
so notified.'
The premier began his speech by say
ing that he was very glad to be able to
Inform the members of the commons
that he had received the views of the
United States on the Pacific and "that
they were extremelyasatlsfactory."
The gallery of the house was packed
wtth notable personages for the pre
mier's speech. The officials, however,
refused to let down the bars to foreign
correspondents who sought to hear the
premier.
HARVEY SEES CIRZOX
The American ambassador, George
Harvey, held a 40-minute conference this
morning with Marquis Curxon, the for
eign secretary- The subject of their
conversation was not revealed, but it is
assumed It referred to President Hard
ing's offer1.
"There can be no doubt that President
Harding's proposal will be promptly and
gladly accepted by the British govern
ment with the full concurrence of the
dominions in the same spirit in which
it was made," said the London Times.
"The task for the proposed conference
will be as delicate, and unless it be dis
cerningly approached, as dangerous an
that which any conference has ever
essayed to discharge.
"Not even the peace conference at
Paris had to face issues vaster or more
fraught with great possibilities for good
or evil to the world.
GREAT CAI TIOX URGED
"If the Pacific conference be held
no caution can be too great In the orena
ration of its agenda and in preliminary
negotiations which would be held to
reach preliminary agreements on the
issues contained in the agenda. Only
when such preliminary solutions are
found can the conference be formally
convoked. Otherwise it might fall and
failure might be the prelude to dis
aster."
Addressed, as It is, to all the greatest
states in the world, it is practically an
appeal to the human race to have done
with wars. Though it nentlons the Pa
cific and Far Eastern problems it goes
far beyond.
GLAD RESPONSE PLEDGED
"Great Britain will respond gladly to
the call, declared the Dally Express.
Limitation of armaments and a Far
Eastern settlement mean permanent
peace and remove every jarring factor
in Anglo-American relations now at
tributable to our position towards
Japan."
The Dally Telegraph called President
Harding's decision "an act of the first
historical significance." This news
paper announced that the warmest
tribute was paid in Great Britain to
President Harding's earnestness of pur
pose and breadth of vision.
HARYEY PRESEXTS OFFER
Colonel Harvey, it was learned.
handed to Marquis Curson the official
' text of President Hardin' s offer. It
was reported that Premier Lloyd
ueorge might make two replies in com
mons, one one I tnta afternoon, a
Boy Turned Over to
Sheriff on Orders
Received of Father
Aioany, or., July 1L J. Loom is was
taken to Klamath Falls yesterday to
answer to the charge of forgery, after
having been arrested here following an
attempt to cash a bad check at a local
drug store. Loomis, the sheriff says.
confessed to him that he had forged
checks in Portland, McMinnville. Salem
Klamath Falls, Medford, Drain and else
where In Albany.
The druggist, D. O. Wood worth, whom
Loomis attempted to victimise, learned
that the boy's father was a former
friend, and accordingly bought him a
meal and lodgings, undertaking also to
find work for the son of his old time
acquaintance, who formerly lived at
Newport Upon telephoning to the father
at Klamath Falls, Mr. Wood worth was
advised to turn the son over to the
sheriff, which he did.
No charges have as yet been filed
against the alleged forger here.
Mazamas Will Meet
Tuesday to Arrange
For Mt. Hood Hike
Mazamas who are planning to partici
pate in the climb of Mount Hood next
Sunday will meet at Laurelhurst park
i uesaay at 8 p. m. to receive instruc
tlons on how to prepare for the trie
EL H. Dowling, chairman of the walks
committee of the climbing club, will give
the directions as to what to wear, what
to eat and how to arrange the outfit
Wouldbe mountaineers who are not
members of the club wilt be allowed to
join the party and it is especially for
such that the instruction meeting is
called.
VOLUME OF TRADING ON STOCK MART SMALLER THAN LAST WEEK
noral
Steers
DMek OO.. 66
mart I 4 s
HmU T T 41 46
Mailnlt 3 18
Stand OH M
Southern pacific' ' ." '. '. '. ?"
Hewtham Br 2 20
e pf.
st. u a. r 24 34
atroenbrrs CutvHor
IMttR S0l T8
swift
New York. July 1L (L N. S.) The
stock market closed irregular today.
There were no changes in conditions In
tne last nour, price movements con
tinuing irregular with bear combinations
continuing their drives at some Issins
hich, however, brought out little real
stock.
American Sugar and United Drug sold
for cash interest in the late dealings.
Mexican Petroleum reacted over t points
to 97. white Studebaker. after falling
to 794. again rose to 90. U. a Steel
yielded from 74 to 74.
Reading, after moving up to M.
yielded to (7. U. S. Industrial Alcohol
was weak, falling over 4 points to 48.
Government bonds unchanged ; rail
way and other bonds Irregular.
Total sales, 482.800 shares; bonds, 111.-
803,000.
New York. July 1L (I. N. S.) The
stock market opened Irregular this
morning. Trading was much smaller
in volume than last week, Mexican Pe
troleum declined to 9S. General
Asphalt advanced to 47.. Canadian
Pacific rose to 119. Royal Dutch
advanced to 54. American Sugar
rose 1 to 65. Studebaker advanced
to 79. U. S. Steel declined to
71 and Bethlehem Steel B advanced
to 49.
Famous Players was traded in ac
tively, yielding to 49. and then re
covering to 50 H. Similar recessions oc
curred In nearly all the other active
issues. Sears-Roebuck was in supply
falling 2 points to a new low record
of (3. International Harvester broke
to another new low record of 71
AHbonsh a number of lam were is toad
demand throughout the forenoon, the most SB
nortant fearnres were the share decline to minj
of the industrial specialties, tome of which srein
broke to new low records.
Been Roebuck wis in Urn waoott. felling 2 V
paints to 63 . sad International Hamate
ielded 9 points to 71 H . Atlantic Gulf was in
iemand. norlnr nn nearly 2 DOBtn to 23
famous Players also was hearilr aoid. yielding
3 points to 47 14.
U. 8. Steel rose from 73 to 74
Baldwin Locomotire sold op to 7 5. Studebaker
waa steady, sdrencina 1 point to S0 14 .
railroad stocks wen frsrtiooeUlr lower.
Furnbhed by OTerbeck Cooke Co., Board
of Trade building :
HShl
o. . .
Cap.
Oil
Texaa Pacific
Teaaa Ferine C O.
Teaaoco Proems)
tal Oil . .
fwson Oil Del
Cases Pacific
Alio
Casta Drns
l asted Food Prod
Cnterd Knelt
Caited Retail
C. 8. lad.
8. Rubber
do let pfd
S. Beseirins
Steel
do nfd
I'tao Copper .
Vanadtam Steel
TiTSSMMWi
em e
do A ?fd.
do B nfd.
Western Pacific
do nfd.
Western Union
Westing horns E. 4 11..
Md.
What Motnn
Wilryi-Oeerland
do wfd.
Wisconsin Central . . .
WlEplWUI ill
Worthlngtop Pnasj . . .
The
oTOCSt
Agr. Dm. . .
Aju Rubber .
Alaska Gold .
Alaska Juneau
Allied Chem.
A 11 is Chalmers
do pfd.
Am. Beet Sugar
Am. Bosch
Am. Can Co . .
do pfd.
Am. Car at Kdy
do pfd. . . . .
Am. Cot. Oil . . .
do pfd.
Am. Drag Synd .
Am. Hide A
do pfd. . . . k .
Am. Ice
Am. IntL Corp .
Am. Linseed
do pfd.
Am. Loco.
do pfd. ....
Am. Saf. Razor.
Am. Ship Cm
Am Smelter . .
do pfd.
Am. Steel Kdy .
Am. 8acar
Am. Sumatra . .
Am. Tel. a Tel.
Am, Tobacco . .
do ' 3"
Am. Wool
do pfd.
86
21
8814
31 U
26
124 14
110
94
2614
8014
ond in detail Tuesday.
Both the Chinese and Japanese am
bassadors held conferences with Mar
quis Curson during the day.
It was learned that Marquis Curson
summoned Colonel Harvey to the for
eign office last Thursday to consider
the cabled results of the conversa
tions Sir Auckland Geddes had held
with the French, Italian and Japanese
ambassadors at Washington.
The foreign secretary was said to
have told Colonel Harvey that he con
sidered the time ripe for President
Harding to act Colonel Harvey im
mediately sent a cablegram to Wash
ington. PREMIER FORMALLY TOLD
The first news of President Hard
ing's formal statement was personally
given to Premier Lloyd George st
Chequers on Sunday by Colonel Har
vey. The dominion premiers were
seated on the lawn when Colonel Har
vey was announced. Lloyd George left
the party and was absent about 15
minutes. When he returned he was ac
companied by Colonel Harvey.
The American ambassador then was
formally presented to the dominion
premiers.
It is accepted as a foregone conclu
sion that the conference will be held.
FRANCE EXPECTED TO ACCEPT
DISARMAMENT IXV1TATIOX
By Webb Miller
Paris. July 1L (U. P.) France with
out doubt will accept President Hard
ing's invitation to participate in a dis
armament conference of the principal
allied powers. It waa stated semi
officially here today.
In these same quarters Harding's
move was referred to as "the greatest
step toward disarmament since the
war."
Inclusion of France and Italy in the
conference, in addition to the original
Dro Dosed conferees the United States.
Great Britain and Japan has created
an extremely favorable impression
throughout government circles.
FRANCE EXPECTED TO MAKE
RESERVATIONS TO PROPOSAL
Parts. July 11. (U. P.) They French
government has taken under advise
ment President Harding's proposal f
a disarmament conference, it
learned this afternoon.
Selden A. Whltehouse, American
chance d'affaires, called at the foreign
office on instructions from Washington
to ascertain the French attitude.
The foreurn office advised Whltehouse
thft a renlv would be made later. The
indications are that Franc will make
reservations, owing to the proximity of
Germany, If the conference should con
sider land disarmament.
Atchison
do pfd
At!. Gulf a W. 1
Baldwin Loco. . .
do pfd.
Balto. a Ohio .
do pfd.
Beth. Steel 8 .
Beth. Steel "B".
B. K. T
Butte C. a X..
Butte a Sup. . .
Calif. Packing. . .
Calif. Pel
do pfd.
Canadian Pec . .
Oca Leather. . .
Cerro de Pasco . .
Chandler Motor.
Chgo. & N. W . .
Chicago (it. W.
do pfd.
Chili Copper .. .
Chino
CM., St. P.
do nfd.
Coca. Cose
C. A O.
coio. k. a i.
Columbia Graph. ..
Cons. Oas. .. . ..
Coon. Cigars . . . . .
Cone Can .......
Corn Prods. ......
do nfd.
Coeden Oil
i . . it . i . a i . . . .
do "A" pfd. ..
do "B" pfd. ..
Crucible
Cuba Cane
do pfd. .......
Hosneetake
l. a it. g.
do ntd.
Kndicott Johnson .
Erie
do 1st pfd.
do 2d Did. . . .
Famous players
Klsk Tin
Gaston Whs.
Gen. Cigars ....
Gen. Klec
Gen. Motor ....
Gen. Mot. 8 . .
Oca. rrjth ...
Goodrich
Gcodyear
Urea Nor. Ore. .
do pfd.
Greene Cananea .
Hag Barker ....
Houston Oil ....
Hupp Motor .. . ..
lies. Cent.
inspiration
tot. Ast. Corp. c.
Intrrsta.e Callahan
tot. Hare
do. ptsL ....
Int. Her. Marine
do. pfd.
tot. Nickel
tot. Paper
do. pfd. ....
Inetncfbie Oil ...
Island Oil
K. C. Boats. ...
do :d.
Kelly-Springfield
gonna tiiitt
Keystone Tire
Lackawanna Steel
Lehigh Valley . . .
L. N
Maxwell Motor ..
aWriran Pet.
9 9 9 '
a
37
71
36
68
50 14
103 S
117
117
69
98
92
76
34
79
99
4
11
37
16
s
2
61 14
19
1 14
38
31
71
27
32
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27 27
41V. 40
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99
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I 64
8
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94
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Stakes Oil. .
Mai rale Steal
M. K. A T.
do pfd.
Montgomery-Ward . .
Miawwri Pacific
do pfd.
M. St. P. a 8. 8. M
Nevada Coos. . .
New Ha Ten ....
Northern Pacific
N. T. Air
N T Central.
Okla Prod ref
Pae Geo a
Pacific Oil ...
Pet.
B" . . .
17
20
89
National Enamel I
National Load I
i.I.'.".'.Ti7,'i7"
I 71 Tl
Brake 1
toe I I
94 99
48 46
43 41
Pens 34 34
Pee Gas 51 66
Per Maronette 26 36
FtrftoSetpkaa Co 26 28
Pnt OH 26 26
Pierce Arrow 19 19
Pierce OO 7 7
Pitta Coal
Pitts a Wast Ta
.do pfd
Preseed Steel Car 71 71
PwJtaaan 93 84
Bar Cons IS 12
Uniting 67
Benkacje Steel
Bac-sbOc I A g 49 47
98
13
20
60
11
7
17 14
10
23
27
40
29
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27
Ale
83
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98
22
is' "
19
1X6
17
108
59
61
49
74
18
56
29
'i" '
21
34
44
92
7
88
23
62
7
18
1 19
19
11
92
48
47
73
198
4B
28
7
21
24" '
42
91
7
Total sale, stocks. 492.804) aware
Total sales, bonds. 811.903.660.
38
2
49
22
64
76
3e
46
24
99
963
98
7
38
29
19
92
7
19
119
24
84
19.
191
82
48
47
99
26
74
18
49
29
6
7
31
if
99
49
19
91
92
29
168
42
w Tork Hoad Market
Furnished by Orerbeck a Cooke Co.. Board of
Trade building.
Atchison Genl. 4s
Bait, a Ohio Gold 4s
Beth. Steel Kef Se
rem Pacific let 4a
St. Paul Genl. 4e
Chicago 9f W. Genl. 4e
i.. . a n. cm. 4i ,
New Tork By. 6ee
Northern Pir. P. L. 4 .
Reading Genl. 4
Union Pac. let 4s
P. A Steel 5s ,
t r.ion Pac. 1st Bef. 9a. . . ,
Southern Pac. Cone. 6e...,
do 4s ,
Penns. Cone. 4a
Penna. let Ae
Obes. a Ohio Cone. 5a
Ore. Short Line 4s ,
79
7
B0
72
94
79
81
18
76
8
g
55
79
67
91
78
99
74
31
22
79
70
n
74
99
89
79
79
Si 3
BRICK AND CEMENT
PRICES LOWERED
New Tork. July 11. Building ma
terials continue to have increased
distribution in this market. Brick
now is wholesaling at about $15 a
thousand for the better grades. Hol
low tile price have been red need
and cement has been cut SO cents
a barrel to consumers.
Philadelphia. July 11. Plans now are
In preparation by a beard of enginee
for the (30.909.000 suspension bridge
across the Delaware river here. The
structure is to be completed in 1929.
Pittsburg. July 11. The wage ques
tion in the building trades still continues
unsettled and building permits Issued for
the last week amounted to only 9140.113
la value, compared with 9231,796 for s
similar period In 1920.
TEXTILES
Fall River. Mas.. Jury 11. The em
ployes of the Born Mills corporation
have received the usual Fourth of July
dividend on wages. This is a bonus
which has always been paid the work
ers semi-annually except In 1904. when
a six months' strike was in progress.
The average amount to each worker was
about two-thirds of one week's wage.
Milwaukee. Wis.. July 11 A. J.
Friedlander, manufacturer of knit
gloves and mittens, adviaed today that
mills of his company were running at
full capacity. The hosiery mills in this
section in some cases are working over
time.
of the milks for two
New Tork. July 11. Thurston 4 Mar
tin have been awarded a teattiact to
supply the navy department with 199,000
yards of balkoon cloth for navy dlriglbtea
FRUIT
8an Francisco. July It
are offering 325 to 935 a ton for
for canning as compared with 990 to
9110 last year. Farmers are demanding
900. A has 1 j hot north wind ha dam
aged the pear crop snveregy and injured
other fruits and grain. Some fruit is
gong to waste ha reuse of high freight
rates and falling prtosm
Cleveland. July 1L Hot weather has
caused a riser of 97 a box in the price
of lemons here. They are retailing at
from 75 to 95 cents dozen.
Foreign Sesd Market
Furnished by Owtrbeck a Cooke Co..
Trade bulWing. .
Board of
Bnnriaa 9a 1921.
Russian 5 e 1986.
Russian 6s 1919.
French 5s 1931
French 4a 1917. . . .
French 6s 192. . . .
Italian 5 1919. . . .
British 5s 1622. . . .
British 5s 1927. . . .
British 5s 1929
British sky 4a
British ref 4a
Belgium rest 5s.. . .
Belgium prem 5s.
L. 9s.
Bid.
. . 12
. 2
: .0
.47
. 68
.133
. .374
.368
. .360
.280
. .261
. . 63
. . 98
. . 10
.. It
. . 11
.. 12
13
Berlin 4s
Hamburg 4s . .
Hamburg 4 s
Leipaia 4s ..
Leipaig 5s 13
Manich 4s 12
Munich 5a IS
Frankfort 4s 13
Jen 4s 69
Jap let 4s 84
Jap 2d 4 84
Parte sixes 99
V K 5s 1921... 96
(' K 5s 1922 67
V K 5s 1939. 88
C K 5 1997 93
15
9
16
sa
69
136
384
878
870
260
271
68
71
11
12
IS
14
14
.13
14
13
-14
ho ;
95
85,
100
100
97
88
89
San ford, Maine. July 11. The Goodall
Worsted company, makers of Palm
Beach clothes, have laid off their 2000
employes for one week.
Jamestown, N. T., July 11. Between
500 and 1000 workers are on strike st
the Jamestown Wb rated mills and the
Broadhead Worsted mills sa a result of
an order by the companies fixing a 50
hour week of five 10-hour days. The
companies announced that the object of
the order was to give the employes a
whole day Saturday, when many took
the day off anyway. The mills had
been on the basis of a 49-bour week
with time and a half for overtime.
FOREIGN EXCHANGE RATES
Corrected daily by the foreign exchange de
partment of the Carted States National bank.
uuocauena below (except tne pound sterling
are quoted on the basis of 100 units foreign cur
ry.
Opening nominal rates on back transactions
CLOTHING
Chicago. July 11. It has been decided
that the present wage agreement be
tween the International Lady Garment
Workers and the Chicago and North
western Cloak and Suit Manufacturers'
association shall be extended to Decem
ber 1.
COAL .
New Tork, July 11. High volatile coal
In fair tonnages is being moved from
American ports to France, Italy. Greece
and Portugal. The South American de
mand also has been much more appar
ent within the last few days.
DRLUS
New Tork. July 11. Prices for dyna
mite glycerine now are lower than at
any time In 13 yean. In the spot
market, 12 cents a piund was bid. bat
it Is reported that a few cars have been
sold st 12 cents.
Seattle. July 11. The average price for
canning cherries paid growers through
out Eastern Oregon. Washington and
ta Pan-Handle of Idaho Is shout 4
cents a pound.
COTTON GROWERS
NEED FEDERAL AID
Decrease Reported
In Steel Tonnage
New Tork. July 11. A decrease of 34,
199 tons waa reported today by the
United States Steel corporation In un
filled tonage on June 30 last.
The report showed the unfilled ton
nage on Jane SO as 5.177.86. as against
5,482.487 en May 31. 5.345.2I4 On April 30
and 10.978,817 on Jane 90. 192a
Railroad Valuations Given
Washington. July 11. (L N. 8.) The
interstate commerce commission today
announced that the following tentative
valuations on various railroad proper
ties have been fixed : Western Pacific.
$66,730,011; San Joaquin A Eastern, op
erating la California, $1,149,000: Grand
Canyon', operating In Arisona. 91.39, -399
; Central of Oregon. 3114.450 ; River
side. Rialto A Pacific, operating In Cali
fornia. 1311.493.
By I. V.
New Orleans, Jury 11. The atten
tion of the South is fixed on the con
ference between cotton men and
bankers from this section with the
head of the war finance corporation
In Washington It is hoped that 4
workable plan to assist th SoutbT
to carry Its surplus cotton from last
year's crop and to market this year'
yield will be devised. Unless such
a plan Is formulated and pat into
immediate effect, the period before)
complete business recovery seems
certain to be delayed.
Jane business for this section showed
some slight Improvement over preceding
months so far as Jobbers and wholesal
ers are concerned, although country
merchants are loath to give orders for f) '
future delivery. The retail trade la th
cities continues good and Industrial cor
porations In this region have maintained
dividends.'
Grocery Jobbers report an increase of
from 16 to 20 per cent in business for
June Much of this came from ex port y
demand for Central and Sooth America.
Dick on Vacation
Paul S. Dick, vice-president of th
United States National bank. Is enjoy
ing an automobile tour of Vancouver Is
land. B C. He Is accompanied by Mrs.
Dick and his three sons.
Braces to prevent barrels being col
lapsed In transit have been invented.
Dealt CaMe Par
London Cheeks. Transfers Value.
Lbs. terling...6 9.99 9 9.94 9 4.86 I
Paris rranes ... 7.76 7.77 19.08 1
Berlin Harks ... 1.29 1.30 19.09
Genoa Lara 4 96 4.9 19.80
Athene Dcecheeas. . 6.60 6.06 19.40
Copenhagen
Kroner 18.15 16.30 36.76
Christie nia Kroner 13.89 19.74 26 TO
Stockholm Kroner 21.80 21.99
Hongkong
Currency 66.35 60 60 ....
Japan Ten 47 65 48.1 ....
Shanghai Teals . 67.83 68.28 ....
Lewis County Banks
Make Good Showing
Despite Conditions
Chehaila, Wash. July 11. A compila
tion of bank deposits of 12 banks in
Lewis county, made June 30. shows
that the county la standing the trying
period of business depression and re
adjustment very well Indeed. The con
tinued large deposits In the banks are
due perhaps to the unfailingly good
natural resources of the county as
well as to the fact that the people
here are not as a rale speculators,
The total deposits for Lewis county
June 20, 1920. were 99.009.479.37; April
2s. 1021. 97.24C.6M.48 ; June 30. 1921.
S7.029.341.23. The deposits for the
banks In Chehalls are as follows: June
30, 1920, 94.91M71.37; April 28, 1921.
JJ.S37.089.72; June 30. 1921. $3,486,922.73.
Deposits for the Centralis banks for the
same period are : Jane 30, 1920, $3,204,
962.45 . April 28. 1921. $2,775,767.59 ; Jane
SO. 1921. $2,725,594.25.
New Tork. July 11. Over SO per cent
of the Industrial alcohol plants through
out the country are being closed end
scrapped, according to an announcement
by Dr. J. B. Tee pie. president of the
Chemists' club. Dr. Tee pie blame nar
row Interpretation of existing law for
the fall In production from 110.000,000
gallons In 1917 to 54,000,000 gallons in
1920.
San Francisco. July 11. The first spe
cial of potash salts used for fertiliser to
reach this country from Germany since
the war arrived here on the steamer
Transvaal. It consisted of 500 ton.
Stock Mra1
t. topic gjkgv
bice
San Francisco. July 11. There Is
promise of big rice yield this year, but
prices are about one-third of those pre
vailing last year, and 1.300.000 bags of
last year's crop Is reported stilt on hand.
METALS
San Francisco. July 11. There has
been a notable revival of activities in the
cold mines of the West in th last few
months This Is due in part to decreased
labor costs and cheaper materials.
WOOL
Boston. July 11. The larger portion
of th 1921 wool clip from the Pacific
Coast and mountain states will reach
this market by way of the Panama
canal. Millions of pounds will be
shipped in this way. Inquiries from
Bradford Indicate that British manufac
turers may be willing to bay raw mate
rial shortly in anticipation of the de
mand which is expected next fall.
Mount Pleaaant. July 11. Nearly two
million pounds of wool of this year's
clip has been sold in this vicinity In the
last few days at prices ranging Detwex
IS and 20 cents a pound.
COTTOIT
Manchester. England, July 11. The
Master Cotton Spinners' federation here
has determined to continue the short
Wsges of 15.000 sheet and Un plate
workers In district between Pittsburg
and St. Louis cut 10 per cent
Steel corporation's unfilled orders June
SO. St. 117.99 against $5,482,487 on May
30 and $10,977,917 a year ago. Corpora
tion operated at 30 to S5 per cent of
capacity In J una
Dye exports from the United States
In 1920 gained 40 per cent over 1919 and
92 per cent over pre-war figure.
New York clearing house's statement
shows surplus lusarva at $34,067,690, In
crease of S23.S46.900 over previous week
Twenty industrials 93.54, up 0 19.
Twenty rails 7L90, up O SS.
F. W. Camp on Tour
Frank W. Camp of Freeman. .Smith
Camp company, accompanied by Mrs.
Camp, left Sunday for an automobile
touring trip through Oregon and Cali
fornia, He will return about the middle
of August.
SlS-317
of Trad
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Permanence
Cheap buildings are temporary, and
all give way to permanent struc
tures as cities grow. It is no longer
a question Of a few dollars' addi
tional expense for new buildings,
the main consideration being to em
ploy skill and materials to create
and erect structures that shall be
enduring. Experience has like
wise developed the same sentiment
In the public mtnd in regard to
pavement ; the best, namely. War-renlte-Bitulithlc.
being generally
conceded as the cheapest In the
long run.
GOOD intentions
alone woo't solve
your pcintiinjf problem.
We have the experience
9j9J9j the equipment that
enable us to devote our
best efforts to jour sa
vour
F. W. Baltcs
& Company
lrifkews ASOAE
rrinters sss im sua
Money
down
Bonds
up
f
Short-term issue are naturally being sought from two source.
The basks, which have Is great Baeassre take ap their obllrat ioa t
from the Federal K serve Bank, are hegisalag to feel a desire to
aatpiey their fa ads profiUbly Is marketable, short-term aeearitlee
Of the highest type. a o e
The announcement that Sears. Roebuck company has been
endeavoring to anticipate part of 1U note maturities by purchases
in the open market. Indicates another source of purchasing power
in the short-term note market, as corpora Unas Is similar pealtlos
have every reason to apply cash obtained Is Uealsatlea of iavea
tories to the redeatpttes ef their eaUtaadlag obllratloas.
Call money has continued easy throughout the week, renewals
having been made dally at S, and subsequent loans made off
the floor in a majority of cases were placed st 4V and in some
instances as low as 4. Th average ef the dally renewal rale
for She month to date Is approximately 9, which la the lowest
average rate for any month aisee September, 1919, and compares
with an average rate ef fH tor Us moat of Jane, 194) (Blair
Co.'a market letter. June 25.)
Ask for our recommendations of long term bonds to yield you $
for twenty years. Denominations Stoo, $5oo, 11000. Cash or
partial payment plsn. Call, phone or write.
Freeman. Smith a Camp Ca
Lumbermen Buiidi
FIPTH AMD STTattK
nreo
Only One
Of Their Resources
IN addition to their immense timber resources snd
prosperous farms, Tillamook and Coos counties
have developed into Oregon's two most important
dairymg centers. More than 19,000 dairy cows,
in 1000 dairies, produce milk for 10,000,000 pounds
of cheese and several million pounds of butter
annually.
The richness of the country is reflected
by prosperous cities).
Tillamook and Bandon
10-year 6 Imp. Bonds
9500
6 General Obligation
Due 1921-41. Deo. $500, $1 0O0
Yield 6 I Yield 6y2
Bond Income Tax Exempt
Legal for Savings Banks
Broadway and Oak
New Usua
Illinois Central Railroad Company
15-year 6 (Non-Callable) Gold Bonds
rmTmani-rts 91000 and 9900
The Illinois Central railroad has an excellent record for operatinf,
efficiency, snd earning power, which hss given its credit obligstions
s high standing.
rest income for 1920 919300,000.00
97 to yield 6.80
PsjI detail, upon r enseal
F. I. Revepeaux gcQmpany
97
St.
1042