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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Nov. 14, 1921)
MONDAY, i NOVEMBER 14. 1821; THE OREGON DAILY JOURNAL, PORTLAND, OREGON 13 nonius HUGH mm ES' FOR BIG PARLEY Br nmu p. J. Valtad fraas 9uf Cmrrvn, K'w Trk, No. Mi -Th tint Tt triumph of opon dlplomscr," wu Sena tor WlltUm K. Borah's chsraitorlsatfon today of. Bcrtry Hures trtlinc program ddoudcm t lb opening f th Washington armamant conference. Borah, who initiated mo movement for the conference, Mid that while the "program itself le piondld' he hoped "It la hut the beginning; of a eUIl greater m?- toward real dlaarmament. 1 have only the most sincere praise for the manner In which Secretary tlogse hare gone about the business of the conference," Borah aatd. ' "Ills open presentation of his program was an epoch tn the history of Interna tional relation It should receive, and 1 bar no doubt It will, receive, the com mendstlon of the great mass of the peo ple throughout the three continents. "It Is the first great triumph of open diplomacy. To clone the doors at any time now seems Incredible." I1 auMaln- the program. Borah said that -while It la splendid. I Use It that It la but the. beginning." "I hope thai Japan and Great Britain, wader the Inspiration of the sublime movement In behalf of an Imperiled civ ilisation, will propose a "still further cat and still greater move toward dis armament." he concluded. Westerners Ask for & Tariff of 33 "Cents On Scourell Wool Washington. Nor. list WASHING TON BUREAU OF THE JOTJHN-aX The first hearing of the series- asked tor by the "agricultural tariff bloc" of the senate, in conjunction with repre sentatives of farm organisation, began with, wool, which la always one of the mala points on the firing line In the consideration of tariff bill The Westerners are astlng for a spe cific duty tjt IS cents a pound on scoured wool content, which Is well above the rates allowed by the Fordney bill as it passed the house. The Fordney rate Is Z5 cents a pound, qualified with the further provision that the rate shall never exceed IS per cent ad valorem. tv. a ro , . . vt T . representative of th National Wool Growers' association, declared that the Fordney rat will not prevent destruct ive competition from abroad. H'aia 45 cents would be nearer right to equal ise production cost, bat this would be so much higher than the Payne-Aid rich ratea that he assumed it would not b acceptable. He objected to any effort to apply an ad valorem limitation to rpeclflo rate. McClur said that overhead coat of S3 a head on sheen at the peak have been reduced to about $1-75. and in two years he expect labor costs to be back to normal. C J. Fawcett, an Iowa man. and director of wool marketing of the farm bureau federation, told the com mittee that it wilt be possible to in crease the number of sheep In the corn belt by 150 per cent without decrease of other Industries. CdJGXCSS IS LIMED In POINTS TO NEEDS ex- rr BEBI5B morosAi Washington. Nov. 14. Congress Sat urday lined up squarely behind the 10- year naval holiday proposed by Secre tary Hughes. Comment. was a follow: Speaker Olllette "The deflnlteneas and espllclUies of Secretary Hughes' prcpoaala mad on (eel that w were least face to face with . new and ueptrlous and far reaching movement th progress of civilisation." Senator Miles Polndexter "The sug gestion Is all right if it can be carried Into effect as proposed. The weakness lb plan Is that It leaves us without ny swift ships, such a battle cruisers. of which we hav none. It la a most radii-! and revolutionary proposal and should b secured by every guarantee recesaary. At first glance the proposal tald leave Qreat Britain and J span with .four battle cruisers of greater speed. Destruction of our program would be .the greatest wreck in the world's history." .House Leader Mondetl "The program la so far-reaching and challenging in Its details ss to remove all Question In the minds Of the moat pessimistic and doubt ful as to the Intent and purpose of America." Chairman Madaen of the approprla- Ions committee "The applause given Thy members of congress Is an Indication that th policy to b pursued by the American delegation will be approved-by the unanimous voice of the American people." HIRAM JOnSSOW APPHOTJ!" Henator Hiram W. Johnson "The ad Id res of th prealdent was splendid. It rvolred most eloquently the hopes and splratlons of the American people. The bwcretary of state s demand for Immedl ate action and his presentation of the definite proposal In the Initial meeting t( the conference were bold and dra nfctle. It Is this kind that Americans admire." Venator Watson. Indiana "The very Tboldneaa of it will attract attention as well as strength. It Is a definite, con rete plan that must appeal to every I (practical -man as essential to the success f the conference." Senatot King. Utah "Mr. Hughes' ad- ktress furnishes a strong and rational kiaals, for International action. It la program which the United States can hery readily accept." Senator Cummins.' lows "It Is one of she great rat things In the history of tnanklnd." Senator Jones. Washington "Great! JFlne !" kirns tor Cameron. Arlxona "I think It Is a wonder." Senator Overman, North Carolina The address of the secretary of state a good arffl strong." Senator Willis. Ohio "Secretary Macbea' proposition Is a practical thing nl shews Uiat the United States is killing to disarm." Senator Matcher, Florida "I think ha thing Is practical and leaves very iltl up In the air. It is a frank ex- resslon of the poettlon of the United tales." Senator McCumber. North Dakota la Is the first time I have had com plete confidence that the conference will fecoompllsh a great deal." OODI.fG IS HATIHFIED Senator Gooding, Idaho "The country s t be congratulated upon the courage hf Its representatives In submitting so fair a proposition to insur the future eac of th world." Representative Campbell. Kansa 'Nothing lve U In the world' history. tngland and Japan know exactly what "f United States will do." Senator Moes, New Hampshire"! Km afraid we have been too generous at he outset." Kepreeentatlve Kelly. Michigan, chair- nan of th subcommittee on nasal ap- ropriation "U la a wondenui . Wing. t course. It Involves not only, th loa f th money already expended, but aa qua! sum In cancellation of contract. Kfter w once get squared, however. It Would reeult In a saving of 1 1S9.000.000 a ear and probably would mean the i action of. .the navy to 10,000 or 40.000 tnen inaleaa of th 105,000 men aa pres- Oregon Students To Enter Essay Writing Contest University of Oregon, Eugene, Nov. It-Prise ranging from 10 to $30 will be awarded the person under It years of age attending institutions of public Instruction in the state who write the beat essay on "The Discovery of the Columbia River." The Oregon Histori cal society 1 offering the prise and th contest Is known a the Beekman history essay contest. A number of university students will enter. Th university campus la being given a special cleaning in preparation for th welcoming of the "old grade" at Home coming this week. No male fresnman shall be seen walking with a girl until the Homecom Ing week bonflr is built." This edict was made by the frosh themselves at their last class meeting In order to In sur th assistance of every freshman in th work of erecting the huge pyre. The girl will assist by serving hot coffee and doughnut to the worker. DV. Dan E. Clark of the extension di vision left today for Madras, Jefferson county, where he will be the speaker before the teacher Institute. Among some of the Interesting works In sculpture to be found in the studio of Avard Fairbanks, professor of sculptur ing In theunlversity. Is a recently com pleted baa relief of the two children of Dr. and Mrs. E. J. Labbe of Portland. Professor Fairbanks has made a three quarter relief of the head of the little girl and a profile of th boy: PI Beta Phi announce the pledging of Mildred Brown of San Jose. Cal. r. Knnvhn fHt.v Winn Tlplnc in nhnncrinor wMw i mi itii- J Three Mail Routes Washington. Nov. 14. (WASHING- "ON BUREAU OF THE JOURNAL) '.esldents of Canyon City have sent re- honstranees t Congressman Sinnett gainst carry Ing Into affect' p-opoed hang in' starting star route to ilonu- tneu Pralrl City and Mitchell from ft. Vecnon, Instead of front Canyon -y. it i sai a mi eking waa recora- nded by an inspector who went ever he ground last summer. The depart ment promise1 no action will b taken in til there ha been ample time to pre- mwif n wf inn hmi ri wi ig th proposed change would not b- ome effective beror early next year. i any event. Bend Reports Are Big Issues Carried Bend. Nov. 14. Unofficial returns In- ttn-ta (ti t Inlh Hl 11 DO lwtn laii !nd the special assewment of. th Central regon Irrigation .district carried by ut wisjoritle -In Saturday's election. I h aaersnmeM amount te ll.SS per BRINGING IN 'OF; NEW WELL BIG AID TO MEXICAN PETROLEUMS OIL SHORTS TO A NEW HIGH MAR K A two-day' conference f representa tive of progressive farm organlxa tions was opened today at th Labor Tempi under th leadership of , Herbert F. Baker of Michigan, president' of the Farmer National Council, and also president of the Michigan potato change. Th conference was called, said Baker la his opening address, that representa tive of th Farmers' National Council might confer with leaders of agricul ture -and organised industrial 'workers on th Pacific coast in regard to the promotion of national legislation and ac tion. Tn main purposes, he said, are to remedy our present wasteful, inefficient system of distribution of farm 'product. to relieve the farmer from exorbitant transportation charges and to free the fanner from th paralysing effects of in adequate credit and also to consider how the purchasing power of the peoples of th world can be restored to normal. ABMAXEXT WASTEFUL "It 1 of prime lmDortance." he mid that not only our own nation, but every other nation should agree to give up vaat navies and large standing armies and devote the billions of dollars annu ally put Into these unproductive and un necessary purposes to paying off debts and lightening the taxes of their peo ples that they may be able to buy and reestablish trade. Agriculture in America can not. be prosperous .with th world burdened with a system of competitive armamenjt plana A a na tion we are so firmly' established finan cially and economically that we can lead the world In disarming and restoring prosperity! PACKERS SEEK COJTTROL "Farmers must be relieved from the annual tribute they have to pay to the enormously concentrated wealth of this country which controls our entire trans portation system, our banking and credit system, our natural resources and the big five packers now seeking, as ever, to monopolize the entire food, industry of America." . Farmers must unite, he continued, in demand that the department of ag riculture should forget for a time the problem of production and devote itself to helping the farmer market what they produce, so that they will at least get the cost of production. FEDERAL FARM BUREAU D, G. O'Shea, president of the federal land bank of Spokane, spoke this after noon1 on the work of the federal farm bureau. Among organisations represented at the conference are the Washington and Oregon state granges, the National Non partisan league, the National Gleaners' federation, the Minnesota, Iowa and Montana societies of equity and the North . Carolina Farmers' union. WALL STREET QUOTATIONS Furnished by OverbeCk ft Cook Co- Board of Trad Buildings Stork - Baua (WaO. Street Journal Finaaoal BanewY New Tart. Not. 14. (U. P.) Oila tbs fetara of th. i opeaia of the New Terk Stack Exchange today, hut as they hav featured the rket of the laat two weeka. Pas-Aa-rrkaaa ft aiaim Oui 1ul Amttflt ai a f Kev Jeraejr sude a new Xith for the year oa the openin uic at 17. ipjli. . Bteel eommoa opesed wua loo anarea at 83 r WKhaated. American Telephone also tot into sew high sre-nd for the rear at 111 S . International Paper featured the apenaltiea. mp Itt at S. Despite a treat dea of profit taldar, the tut held well ia the first hoar. UexieaB petroleum, after Its early di- to US . rallied ten 11. Ha&kell-Barker sold off s point to 75. but PaU buls held above 107. DavidBoB Chemical feat nrad epeci-ltiea with early aalea at 4414. or within of the year hih. Aa aonoaneemeBt of the brintinc i of Cerro Axu well No. 11, with an initial flow of better thin 100,060 barrel a da, atexicaa Pe troleam ran sp to a new high for the month at 117. At today's beat price the stack was within 2 of the hih oa the laat big upswing. United Drae ran up to 7. Steel stocks were weak on the stock exekarifs today on the theory that the Hurhes prof rant would eliminate a bit scores of revenue. The stael eempansts, however, have- always contended that there has been little money in foverament btuinesa. About 10 years ato Charles M. Schwab declared he would not take another rovenunent contract. This, was after the Bethlehem Bted corporation bad ineorred heavy Iomcs on warships. The corporation had to chart off more than $5,000,000 from earn imm aa a resalt of sneh loesea. Sellint of steel stocks gave the whole market a heavy appearance toward the fourth hour. Bethlehem "B" sold below 54 after openint at 57 V. Midrale was off a point at 2414 and Crucible reacted a point and a half. The reaction' that most of the commission haiuas have been predicting for the last two weeks finally arrived at the stock exchange today, but it did not occur until many stocks had been put to new highs on the movement. The dis armament plan which was creating such a sen sation throughout the coautry, was seised upon by the bear crowd as reason for an attack on the steel croup sad the selling here finally ex tended to the equipments and oils. Bethlehem Btael led the break in this group and at its ..low pries of the day waa off 4 points from Satur day's last Even United States Steel common, which made a new high for the fall oa fiatnrday at 83 and which opened strongly today, 're- Standard Oil of New Jersey, which has lad the advance in its group Muring the last two weeks, was the leader in the decline today. The trend was not downward, however, in the entire list. leather and shoe stocka, which have dona little with the exception o( (Sndicott John aon. war. firm throughout the session with Cen tral Leather preferred up about 9 ponits from the year s low and tne common snore sz, snow ing a recovery of over 10 points from the low of 1921. Emucott Johnson got into new high ground on this move above 75. do pi ....' Age, Chem. do pfd Ajax Robber. . .......... Alaska Gold Allied Chess. All -nhnere Am. Beet Sugar. Aa. Bosch . . . . , Am. Can Co do - pfd ........ Am. Car as dy .. . do pfd .............. Am. Cot. Oil do pfd.. :.. a. Drug 8ynd ........ Am. Hide A Leather do pfd Asa. Ios Am. Intl. Corp.... Am. linseed do pfd Asa. Loco. do pfd Smelter I High. I Lew. Bid. ITS do pfd . Am. Sau: L. . Electric Company Raises Stock Price In resDonae to the strong upward movement of all high elans stock dnring the past few weeks. the Northwestern tleetrle company today, under authorisation from the state corporation eom snilsioner, advanced its issue of $1,000,000 first preferred to . ine a toe nao neen selling at 95. "Ws paid only a few days ago," said F. J. Buckley, director of stock sales for the com pany, "our twwity-wxth consecutive periodic dividend. Our intensive advertising campaign in connection with this new issue, which is being floated to take care of contemplated improv mrnts and extensions, has been productive of rach a healthy demand for the stock that wa found it necessary to advance the price." VANCOUVER DAIRY Senate Democrats To Take Action In Newberry Case By J. Bart Campbell Washington. Nov. 14. (I. N. S.) No tice was served in the senate today by Democratic leaders that "there Is going to be considerable discussion of the Ford-Newberry election contest on the Democratic side before an agreement Is reached for a vote on the right of Sen ator Newberry, (R. Mich.), to retain hi seat in view of Henry Ford's charge that a hug "slush fund" was employed to secure Newberry s election and Ford's defeat PLANT SHUTDOWN Farmers in Southern Idaho Out of Luck Vancouver, Wash, Nov. 14. The Co lumbia Dairy Products company churned it last butter today, closing by order of the court, which also directed that the assets of the concern be eold and claims settled pro rata. H. C. Keyser, receiver, Issued a state ment in which he reported that during the five months he has been in charge the company haa not run behind. He pointed out that the plant faces a loss during the winter months and said the decision had been reached to close rather than go further behind. Washington Given Lantern by Tokio i Toklo. Nv. 14. (L N. S.) Tokio' gift to th city of Washington. D. C. pre sented by the Japanese armament dele gation, headed by Prince I. Tokugawa, soon after it arrived tn Washington, is a gift typically Japanese in character and one which visitors to the Orient rnoat frequently compliment The lan tern. mde of stone. Is the sort that stand in front of th aristocratic Jap anese home, or in th Temple Garden of old Japan. Several year ago, when Tukio Osald, now disarmament champion of Japan, wa mayor of the city of Toksa. Wash ington, D. C, waa presented with sev eral cherry trees. Th lantern, it is understood, is sent aa a complementary gift to the cherry trees and will bear th inscription. "This lantern like the of the United States by th citizen of Toklo .a token of American-Japanese friendship.' The coat' of the lantern was 10,000 yen (15000). It is 2t feet high. Soldier Recovers Voice at Revival Pittsburg. Pa.. Nov. 14. ft N. a John W. Sproul of 121 Cherokee street is sbl to talk now for th first time la three year. It was on one of th battle fields of Franc that he was severely gassed three years ago. After leaving a hospital he cam horn and ha since ben examined by a number of noted specialist, but neither government nor privat doctors were bl to restore his speech. Th other night he attended th revival service being held by the Boa- worth brothers. van gl Juts, tn Sheridau. a nttsburs suburb. Aftar th servlc h went up t th platform for prayer witn taw vangeiiata. It you have ren Bin faith 'In Ood. praise him." on of th evangelists said. That instant Bproul ay bla vote was restored ar-a he praised Ood. I am going to continue to praise Ood all my life ; why shouldn't 1?" he said to aa Interviewer. E. C, Sammons, knaistant cashier of the United States National bank, returned tins morning from a 10 days' business trip through Idaho and Montana. "Due to the light base crops of Southern Idaho, sugar beets and wheat and to low prices. the fanners of. that section have realized little from their oast rear's labor and at the present time are in no position to hqmdata their loans. The 1921 crops in Montana were also a disap pointment, the effects of which are reflected In business conditions throughout the sta With the mines around Butte - running to only 10 per cent of capacity, business in Butte is at a low level. There are at the present time about 2000 vacant houses in that city. Mff. . . Am. Steel Fdy. . . Am. Sugar do Pfd Asa. Sumatra . . . Am. Tel. Tel. Am- Tobacco . . do 'B" ... Am. Waol Am. W. p. pfd. Am. Zino . Anaconda Associated Oil . . AtrhBdh do nfd. AO. Gulf A W. Baldwin l-ooo. ...... do pfd. B. 4c tfc ...e do pfd. Beth. Steel "B" .... B. R. T. ......... Butt C. A Z. ..... Butte A Sup. , Ditih Bros. ..... Caddo OU Cal. Packing CaL Pet, Canadian Pas. . . . . , Cen. Leather Cerro de Pasco . . . Chandler Motor . . . C N. MT Chicago Gt. W do pfd. ., Chile Copper Cnino C 14. ft St F , do pfd. .......... Coco Cola ......... C. at O , Cole. F. k. I Colo. Southern .... Col. Css A Elee . . . Columbia Graph Coa. Gas Cons. Cigars ...... do pfd. Contl. Can Corn Prod. do pfd Cosden Oil C. B, I. A P do "A" pfd do "B" pfd Crucible do pfd. Cuba Cane do pfd. Cuban in. Sugar. . Del A Hudson Dome Mines Del. & Lack Endicott Johnson. . . . Erie do 1st pfd do 2d nfd famous Players. . . . . Fed Min. A Smelt. . do pfd. Fisk Tire Gaston w m ..... Gen. Cigars Gen. Electric .' Gen. Motor Glen Alden Gen. Asphalt i Goodrich . Granbv GreatKorth. Ore . . . . do pfd. Greene Cananea. . . . . Gulf 8. Steel Hask Barker Houston Oil ....... Hupp Motor Illinois Central Inspiration , Int. Agr. Corpn, e. . . de pfd . . . Interboro Interstate Callahan . . Int. .Harvest do pfd. Int. Mere: Marine . . . Pioneer Driver of First .Buggy Over Columbia Span Dies Vancouver. Wash., Nov. 14. Griffin W. Jones, aged 89, who drove the first team crossing the Columbia river on the Initial trip of the old steam ferry, and wbo Grove the first buggy across the Interstate bridge, died Sunday at the family home, J104 Drumraond street, where he ha lived for 45 years. Mr. and Mm. Jones celebrated the sixty- fifth anniversary of their wedding last June. He la survived by his wife, one son, T. J. Jones; two daughters, Mrs. R. 1 Howard and Mrs. Mattie Wiggins, all of Vancouver; 13 grandchildren and 28 great-grandchildren. The funeral will be held at th family home Tuesday aft ernoon at 1 o clock, with V. H. Limber in charge. Approve Loans to Sugar Beet Growers Washington. Nov. 14. (1 N. S.) Govern ment loans smountiag to $4,150,000 to finance the marketing of sugar beets in Utah and Idaho were approved by the War Finance corporation. Fifty-two other loans aggregating S2.S35.000 to. finance agricultural and livestock products in 1 states, most of them Middle western and Western states, also were approved. Kew York Bond Market (Furnished by Overbeck & Cooke Co.) ITS a e u'i 41 tiV, 28 W si 80 34 H 4 1 83 87 e 3 06 40 H 2 30 H 66 83 V 85 125 1214 7 24 9 48 8 is' 84 ts ' ' 4 15 112 14 14 71 44 114 32 81 47 8 13 20 28 89 65 25 94 47 89 33 82 65 7 18 14 , . -108 108 75 12 64 27 61 184 11 65 82 23 82 73 28 3 76 86 11 17 ii 19 48 94 28 8'" 89 28 48 5 10 52 86 82 60 93 89 81 '38 62 81 82 111 124 121 78 24 42 49 82 a S. 19 45 85 28 32 3 89 188 114 12 47 86 84 98' 86 4 14 111 13 70 42 114 30 81 46 68 Sal , STOCKS nfd. lat Nickel ana, gaper ,. .. , ptd. ..... tnviaeinle Oil . . , I sland Oil Jewel Tea K. C. Soothers . . at. C Sooth, pfd KeUy-pft. ... Kenaaeott .... Keystone Tire... Lack Ht-si Lee Tire . . . Lehigh Valley... Lowe Theatres. . High. 10 j Mariand 00 12 26 22 86 38 53 24 8 92 46 87 83' 92 62 7 17 13 108 107 74 12 .63 24 60 133 11 62 1 31 24 82 72 23 88 J.4 Jt 10 is" 53 65 86 32 60 94 109 39 80 U01 zs 58 81 32 m1 124 121 24 9 42 10 so 21 98 102 86 61 64 T 4 112 18 70 42 114 46 8' 16 12 2 St 86 88 53 24 89 62 3 92 . 25 64 47 87 108 88 32 79 67 62 87 7 17 13 106 19 106 74 -42 17 12 63 6 . 25 16 60 183 86 2 5 78 11) 11 1 4 76 91 22 32 4w 38 74,34 77 10 95 86 S IS 1 ft 76 102 11 Me. Pet. . . HbbI Middle States Oil. .... . Mkivale Steel at. K. 4s T da pfd Mont. Power,- . Mont. Ward..... Mo. Pac do pfd. ......... .:. Kos. Ama Nat. Biscuit. ........ . Nat. aaaael Nat, Lead New Have Norfolk Ss W . Nor. Pae. N. T. Air Brake...... S. T. Central , Ohio Gas Okie. Prod, ref Ontario A Vf Pae. Gas a Elee Punta Allegro Pactflo Oil Pan Am. Pet Pa Am. Pet, "B" Penna. People'. Gaa Per Marquette ...... Pur Oil Phillips Pete Pierce Arrow Pierce Oil Pitta. Coal Pitta a West V do pfd. Pressed 8teel Car Puligaaa . .......... Bay Cona. Reading Replogle Steel Republic L S...... Rep. Motors Koyal Dutch OU y. Bteei Bps -V Standard O0 NJ.... Sears Roebuck , Shen T. a T.J Sinclair Standard Oil Col Sloea-Shef. Southern Psa. . Southern Ry. ...... St. L. a 8. r. .... Strom. Cart 8todebaker Tenn. Con. A fexas oil Texaa Pas. ........ Texas Pae. CAN. Too. Prodwcte ...... Transcontinental Oil union Oil Del. Cnion Pac. rutted Alloy imtea iirng United Food United Fruit United Rlrds. of N. J do nfd. United Ret. Stores . . . V. S. Ind. Alcohol.... U. S. Rubber ....... do 1st Pfd. U. 8. Smelting V. S. Steele. do pfd. rtsh Copper Virginia Chemical Vanadium Steel Vivandou ... Wabash do A nfd......... do B pfd Wells Fvrso Western Pacifu . do pfd. Wafers Union Waatinghouse E. A M. . West Marylaad . White Motor , Willys-Overland do pfd. . . . . Wilson Packing , Wisconsin Central .... Woolworta WorthingtoB Pump . . w. a L. E White OU Money Total sales Stocks, Law. t .Bid. 4 244k 11 IT 41 50 48 Prod. 22 80 -49 41 48 0 FORT WORTH, TEXAS BUSINESS GAINING Special The JevraaL 14. The last weak wffl hsrtery aa Fort Worth,. Kev re 4oa ta Sowthwawter basis fb beat shsee the kewm days cf 191S-1919. Tkia is true ef both the retail end torbm trade Riper u frean dry goods wbalemkrs, ieeii dealsn sad Jobber to aatsmobhw ae-e-raari-s akow that the laat aU iirliis days war that th laa prodwctiv of the. baat buriaesa U ir. PaparlmiBt shma make aisailar taparta. sULeogh they raaw eoatplaint at the sHy warm weather. The weather waa the eolj unfavorable factor i bnnlnsss The Uaae foe the firs -Dorther" is kmc si are pas aa has Bot as yet fcora eaougb free a kil nswan sad aagetattu. Raa is badly ae smjabsia. Wt bus-Mas baa eeBttnue its graal tndee toward prasperity. aid tovths revival ef build kvc waa far- aWbed by aetio ef the safe bncklayers ef Drllsa and ether cities who voted ta accept a reduction ef 91 day hi wages. Hereafter they win receive 811 a day instead eg 912. Chrtatmaa buying has ben m the lobbing he it. Country Bserehants have bet 1 to lay their Chrtaa Baes and BevelrJee. GENERAL TRADING STEADLY AINING ' V Caea , mM Special Cev sjuniii at e The JeanaL Bosum. !tae. 14 -Toa-tt ia sli the pra eipal iotiwatoes ia New l-niaad ae auad-y faw BBg with the trW ta . th hmttmt grade af ;' boo and shawa. The big giaas a e a-ae-aaa. refusal of aea4 labor to aeoapt wag swdwa tsn-a. is eamaa Isalni I ef empat aa t aa easss the el an down of faetnevaa. msBBfaa- ' tarer avriarin that It la fans-nets a start Wastara eotoetit-m . The teztSw Bt a ttsw to be very bway. aMnag aalsa at the -lower grade of esttc m roads base taOea aff area 1 ahst berara 0 the tuck price of eettoa. Tbe paper Imlaetrs ia ta sustlia nry better abas bsstber bb atesL ala bm ta sore bopeful and BBeBsptoiatiBt ts Kea trade ia daw lyiog aaaa ft imrimesit ia '"tnf eaieiaa ia eui u ceatd m at that the busiai 1 ttde baa tana deOr-tals fa the better. The tmprovemsat ia same ef the Barenaa ia behave ta be raspensiMa for a i the dressed far aola ka a tar. . a wt sor Sjaimjiare anal awairui iwiat. LOWER MONEY TO INCREASE ACTIVITY liu 1 sen 4 y Lynn C 8 Dedal f"nn ixindsnt of The 1 mil. V San Franeiace. Nov. 14. Bankers bar eea- tinue to emphasise the fact that easier money and improving oaarlittons bar brought inereaaad eoafsdewe te the bdheas world of th PSdCe coast, but the aha amphsaias that this section r Bet hartng a Voona. They point owt that th sre aw sot be say ex-wa r aery revival a itfl Vita, but that frnirtrtsooaa can gad ahoeJd be id to take advantage of prosperity when factor-a bad ta work roil tow and aver ef the ajsotar ef aaiaploymet ia Aetivity has been manifest ia the laat 1 days la th purer aae ef a vest teat at rising prices. Retail trade has shewn seas Improve eat and eperetioae have In th Souther afl fields oa a moderate scale after months ef delay due to labor ttnxfbira Fana ad vak a bav w vkened sowwhat owing to falling prices fee certain agricultural o-m modi ties, but this does not apply ts viae- yarda. aa grape hu a are la strong The total Ca farnia crop rahse for Ua beea put at 3587.004.600. The antemabUe market ia this see 9 fa -s fared to be pear by many dealers, but the trade is me lined to be apotly and gvvas mdenoe of ttcmg up. 69 18 42 41 316.050.000. shares; hoad. Bandits Wait on Cigar Store Patrons Chicago, Nov. 14. (TJ. P.) Two ban dit tied and locked Oscar -Bolster, man ager of a United Clg-ar store, in the storeroom Saturday night and waited on customers for 20 1 minutes. ' Cigars and cigarettes Were sold by on bandit, who removed hi coat and hat. The bandits pocketed th receipts and $85. Bid. Atchison gen. 4a ........... 82 B. A O. gold 4s 74 Beth. Steel ref. 5 . 88 Central Pacific first 4s 79 St Paul gen. 4s 64 Chicago N. W- gen. 4s 78 U a N. uni. 4s . 84 New Toft Ry. 6s 21 Northern Pac P. U 4s 80 Union Pacific first 4s 84 U. 8. Steel 5s 97 Union Paoifio first ref. 5s ... 79 Southern Pacific eonv. 6s 82 Southern Pacific eonv. 4s. .... 85 Pennsylvania eonv. 4s 90 Pennsylvania first 4s ...... 83. Che, a Ohio eonv. 5s 84 Oregnn 8hort Lino 4s 87 Allied Packers 6s 48 Amencan Can Ts Be Am. Cotton Oil 6s. 1924 95 Am. Tobaooo 7s. 1922 101 Anaconda 7s. 1929 69 Anglo-Amer. Oil 7s, 1925.-103 Armour 7s. 1930 102 Cue by racking Ts, 1823 ...luu General Elee trio deb. 5s, 1952. 93 Goodrich 7. 1925 81 Kenneeott Copper 7s. 1930 98 Pac Gas A Elee. 7s. 1925... 97 Pac Fruit Express Is S Saers-Roebnck 7s, 1927 100 Oil Cat 7s, 1981 105 U. 8. Steel 5s, 1951 PS Westinghousa 7s, 1031 104 West. Elee 7s. 1925 103 Ask. 82 75 88 7 65 78 85 23 80 85 97 80. 84 86 80 3 84 60" 89 96 101 100 103 102 100 98" 99 99 99 100 105 99 105 102 Campaign Started By Coos Bankers North Bend. Or.. Nov. 14. The bankers ef Coos county are starting aa - educational cam paign to acquaint the pnbUc with the details of banking. They held their first meeting at Marshfield Saturday, with a good attendance from all the banks of the county. This plan begins with the schools hd later extends to all who desire to participate: A series of lee. prea will be given by bank officials and others conversant with banking. After a number of lectures the students will 'be takes to the vari ous banks and given thorough instruction in the detail of each system. . Forefg Bond Market Furnished by Overbeck a Cooke Co. Belgian rest 5s . . . . : Belgian prem. 5s Belgian 7s 1945 Belgian 8s 1941 ' Liberty Bond Sales Reported by Overbeck a Cooke Co.: High. low 0526 Writer of Old Time -Songs Passes Away XABBXeGE LICENSES Vancouver. Wash., Nov. 14. The fol lowing marriage licenses were issued Saturday: Earl Rex Atchinson, 21, and Stephanie Brandenberg, .18. Portland; Rooendo Wendora, 28. and Mar Jose, 28. Astoria, Or.; Olive Jackson. 22, and Josephine Marksburry, 18. Portland; Walter W, Preston. 28. and Stella Rich ter, 12, Portland; Robert Beekman, 24, Milwaukee, Or- and Marilla Farr. 18, Leats. Or.; Wesley Justice, 21, Great F Us. Hon, and Georgia Bjfoerts, IS, Portland; Wayne Hampton, Canby, 21, and Lena Pierce, XI, Portland; Alpha F. Col. 22. and Louise H. Helming. 28, Portland. Liberty 8s ... Liberty 1st 4 Liberty 2d 4s . . . Liberty 1st 4s Liberty 2d 4s , Liberty 3d 4 s . Liberty 4 th 4 i victory 4 . Victory 8a ... 9490 9480 9640 9596 99T4 9972 514 9430 9458 9524 945 ft 9968 Close. 9514 9420 9460 9430 9462 9630 9462 9870 9970 Brazil 8s 1945 British 5s 1922 British 5s 1927 ...... British 5s 1929 British vky 4s ........ British ref. 4s Bordeaux 6s 1934 Canadian 5s 9S7 .... Canadian 5s 1926 Canadian 5s 1929 British 5s 1931 Canadian 5s 1927 .. Cansdian 6s 1937 Chilean 8s 1941 Currency Denmark 8s 1943 .... Dan. Muni. 8s 1943 . . French 4s 191.7 French 5s 1920 Freneh 5s 1931 French 7s 1941 .... Preach 8s 1945 ...... German W. L. 6s . . . , . Berlin 4s t...'. Hamburg 4s Hamburg 4a Leipsig 4 a Leipeig 6s ........... Udhich 4a Munich 8a Frankfort 4s Italian a Japanese 4a 1931 Japanese 1st 4s 1925 Russian 5s 1921 Russian 5s 192 1 Russian 6s 1919 Swiss . . . . U. K. 6 1921 TJ. K. 1922 C. K. 6. 1929 TJ. K. 5 a 1987 Bid. Ak. 61 65 65 69 103 103 104 104 96 96 102 102 399 409 392 402 391 401 301 311 279 289 86 8T 90 60 94 95 96 96 95 89 9L 69 91 100 101 8 10 106 160 105 106 45 45 63 64 55 66 95 96 101 2 3 8 8 5 4 3 4 3 6 4 6 8 8 6 8 3 8 31 82 68 69 84 65 84 86 106 167 13 IS 3 4 18 16 . 94 95 109 109 92 100 9 99 95 95 98 93 FOREIOy EXCHANGE BATES Corrected daily by the foreign exchange depart meat of the United Stataa National bank. Quo tations below (except the pound starling) are quoted oa the bub ef 100 maiU feralg cur rency. Opening nominal rate e bank traasae. tions: Draft Cable Par Checks. Tranafana. - Vain London Lbs. sterling.. 8 S.94 3 8.94 8 4.B6 fans francs 1.22 7.28 19.80 Barns Marks 39 .39 22.81 Genoa Live 4.14 4.14 19.80 Athens Drachma a 4.15 4.20 . 19.80 Copenhagen- roner 18.45 18 10 2B.TO ChrUMinia Kroner 14.33 14.40 26.1 Stockholm- Kroner 23.05 . St.l 2S 7B Hongkong Currency 54.00 54.25 Japan Ten 47.90 48.05 Shanghai Taels.. 76.80 76.60 .... Canadian dollar discount, t par east. Staadard Oil 8toek6 Furnished by Overbeck a Cooke Company. Anglo '. Cheese breugh ........... de pfd Eureka Galena, e do Old pfd do New pfd niinoia Pipe Indiana Pipe Northern Pise ? Obie Oil fen. Mex. Southern Pipe Sooth. Peas, Oil S.-k, Cabf 8. O. Ind 8. O. Kansas 8. O. Kentucky O. N. T 8. O. Ohio do Dfd. 8. O. Nebraska FOREST T WORKEB BETlTRjrS ' R. E. Smith., forest examiner who has been spending the summer on the gov ernment timber pale on the west fork Of Hood River for the West Fork Mill A Timber company, on the Oregon national forest, ha returned to Portland. Smith was engaged In scaling, posting boun daries, fighting fire and burning slash. NEW INCORPORATIONS . M ruw 1C , II a il . t earparaUoB were filed with the secretary of state ea Saturday- by the following eem penis a: : King Lubricating Sales eosapeay, Seattle; cap ital atoek 823.000; incorporator. IX V. Grw shenr Ca axfaw laaaoa and Gas Gel k. ' Jaases A. Bow a Cow Seattle; oanital stock ; a lou.uuo ! esaami invastment tninniss Innrr ChlCaJtO. Nov. 14. Oeorsra M. KrhT.tr. I ora tors. M. C. Beeaa and E. J. Hammer. feit Is dead. H wa the com dob.- h ''Wj-Jwraw,-jwa-. -r - n.v.. e- m , - wt eiv.vvi aBowrpaaiose. ncurs . neusBrr ooria." "Alabama 8now" and numerous I and M. Baa . .. . popular ballad li year ago. H Wrote I Takima Ra-ebes aoatpaay. Prosser; eapital under the nam f Geor llire-t K. i awe ao.w; real a-ata suaii eerpotat ra. Pred H. Oast a. P. J. Marpny gad VhatEngineersSay The following is Quoted from a re cent article in Th Literary Digeat: "Eminent engineers consider resiliency of prime import nc and infinite value in the construction of roads and pavements, - The same principle holds good with these a with shock absorbing tires and rubber heels. The inability of rigid, non-resilient pave ment to ' Iron themselves' out under modern traffic, is the reason for this general belief among engineer. The resiliency in Warrenite-Bitullthic pavement ts what Qualifies it to ab sorb th impact of heavy loads, and that explains why this type wear longer than others. v. Stock. Bond, Cettoaw GrJ, etc 116-317 Board of TnAm B-ildi.f Overbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Clea- Bar f Trad Crreyet X ga a Bryaa CbJe-c 3 w lags . - a I must sell a block of bonds to raise cash. WUi sell part or aU. W01 discount so to yield 10 per cent. Bonds7 recommend ed by banks.- : Z-979, Journal. Bid. Ask. It 1 155. 1S 101 T tl 4T 50 SS 102 9 100 18 17S 82 85 tl X6t SO 24 IT t 95 24 244 til s tH 575 585 4S 440 879 T5 415 430 19 111 1S5 19 Xosey asd Exrhaact few Toe. Nov. 14. (L it. a) Call s w ea the Ik r of the New Ta -t, eaohange today paled at S per ea high o Vs per eeat. low 4 u par ernt lime money waa steady. Ra tas were 5 ew,w. ine a raas tee pnae meraastue pa was steady. Call aiowey ia lotio today ' Is. StertiBg aacha ge waa rtnmg. with m baaken biU at IS.94 for demaad. and L'nited 8 aaenrta auruig uotaoer ewer 2l.ooo.U4io and letter by Imports 14.000.090 ranrraniaatkia of rSUkawtl I-atber eMteat tea lane of tltv.o4 prefenwd and aaaeeUa- a of .2.qne eutrta a di ng corn mo n. kwVing 750.00 of conusiu of 51 par vauie. Goodyear. Muler and tteo eut prtc to pre-war levels. rel Twenty tsduatriaai T.4. up .85. Twenty rails 75 41. raited 8tats ooo.oo ta Ceaeml sans. railroad- atotors atr saalsd motor Liberty bead dmtsre expect bbwmb t wiuua rear. wall au wa rACIFIC COAST B1SI STATEMENT VIoaday e ar a. This l .Slt.74t 94I.5ST Clas rings oaday Bala aces Monday S C a rings Vtonday fists atws Moavaay I Cksariags bTeeday Balances Mo-day Clearings Mendsy . . . . i Owkland Clearings Uoea y Las A a galas Banks C a rings Mead sy t . . . Banks ,.t Tsar Ate. t.814.141 l.TTOail St.t4l 19I.94T S.5IS.S44 S94.1S4 T.000.4JS 1.274.871 .:s.to.o .1 S.4IT.00S .111455.599 New Vorelr Exckasro Xarktt Tor. Nev. 14. (C. P.) rweaiga aa opgaed Inwilu today. Pi mi ad see. hag. 15.94; rtaaea, 40721 Ure. .4I4-. b ras sasgisi; 40.1550. svrena earhans rteaed atranB. starting. S t; fraBaa. 0.7It; bra. -40421: marks. I0.004tv; tmab krw Bea. 11142. EJLROIXINS & SONS 1 wOSTOM htEWVTMK CMICACO H. B. McCUIRZ wcwrris-axgT tuLMUJUMoaiv 4Q4 CfJUCH BU1L01NC vannnaBannnnnnnDnoB Printing For Every Purpose RW.Baltes Company JTrXntCTS Uaa f II f4 ' EASTERN INVESTORS- a and bond houses arc putting their money into Oregon bonds. We own and. offer and will reserve for you the following Oregon County Bonds Coos County 6 Bond Maturing in 1926 Deschutes County 6 Bonds Maturing in 1932 Lincoln County 6 Bonds Maturing in 193T Any or ail of the above miy be obtained on oar partial payment plan. place your order at our expense. Freeman. Smith & Camp Co LaiMBUMKMS BUTJJMM flFTH ARB TAKK iv $4,000,000 Charcoal Iron Company of America 8 Ten-Year First Mortgage Gold BoncU Dated Not. 1, 1921 Due Nov. 1, 1931 Redeemable as a-whole or in part. Si 00,000 callable byN lot each May and Mov. 1 at 114.32 to 100.97 depending upon year retired. Interest payable without deduction for anj nor-, ma 4 income tax not in excess of 2 per cent. COMPANY is the largest producer of charcoal in the United States, which product is required in the manu facture of the higher grade car wheels, castings, automo bile cylinders and all types of superior machinery. BONDS will be a direct closed first mortf ace on all the property" of -the company now owned or hereafter acquired. TOTAL ASSETS 'more than 3.75 times total amount of this issue. Current assets exceed current liabilities in a ratio of 17 to 1. Net earnings have annually averaged for' the last five years over four times the maximum interest requirements. m . 98.50 and intercat to yield 8.22 LXJMBBRM-2STa cr .. - . .- . ir'.'iv. died Sunday of heart dia. C. t. a-lteBhotif b a b b n BJe-uinx-n