The Oregon daily journal. (Portland, Or.) 1902-1972, December 20, 1922, Image 21

The Oregon daily journal., December 20, 1922, Page 21, Image 21

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Newspaper Page Textr DESPITE HOLIDAY SLUGGISHNESS, UNDERTONE IN DEMORALIZATION;' IN EGG MARKETS EGG 8 TUMBLE AGAHf i StHl aaetaer ilimr la egg; prices 1 itom acre - Effective . at the openins; of the Thursday trade pri vate firms will quote select 4wi to 4e, with first 45a aad pullets ifle s dozen This ts a drop of for selects asd fee for pallets. Bay lag price earreat receipt will drop to SSe with henneries Oe. a drop of 4e a dosea. - - ., The Poultry assoeiatioa annonnees Tnsrsday morning; price at Me for elects, 47e for firsts- aad lie for pallets. Te latter Is a nominal price. WID5ESHAT DAIRY TBADE V Batter Eg Caeee Cabs Extras Selects Flan Portlaad ........ n4e Me Saa Francises... lVe 4e S6e Chicago ...liMt 4te 7 Ifw Tork ...... UHe Seattle 4c 4e: Me Los Asg-eles .... eOe e Pries wnsettlett sale from 48 to Me, "Market for eggs is showing dmoralisatiou here owing to the attempt to retain price that were not Justified either by locl con ditions or vslnes at other points. While both the Fool try association and aom of the prHate fmu are still asking 62s for select, other are offering' the same class of stock at BOa and even fractionally less in lota. There .is do longer any special desire on the part of the trade to load op with eggs, The fact that Portland prices were kept at the hichest point in the United Btatee, Mew York excepted, created more bearish sentiment than would have bees the ease it valnas hen were allowed to follow the real eonrse of sup ply and rtmanfl, . "There la aot the might doubt that the .price of fresh eg na been neia nun in oraer to gnload remaining stocks of storage goods. mrrti though leaders of the trade deny they bare anything- in that line to offer. Those desiring special ' information regarding any - auarket, should write the Oonuneroial Editor, Oregon Journal, enclosing stamp for reply. - BTJTTEB, TEADE HOLDI5G WBLL No general change is showing in the mar ket for batter here. Prints and cubes are held at the former price level, although there is an undercurrent of uncertainty regarding the immediate future. MEAT TRADE EL t" If CHANGED Trade in the market for country killed calves is about steady. Bulk of the tops In both line moves around 12 Ho with only a very limited percent of the offerings at the 13o gnark. ORA5GE PRICES ARE HIT AGAIN Still further lowering of orange prices is shown l along the wholesale way with navels ranging from 13.75 to M.78 per box. Large sizes are selling st. the lowest values. Quality continues to improve. LOCAL CAULIFLOWER OFFERING - Fair stocks of home grown cauliflower placed upon the market during the day with sales at S2.00Z.2 per dozen, according to size. The stock compares most favorably with anything 'available from the Booth. MANAGER DHOS'U IMPROVED Manger Dii on of .the "Pacific Poultry Pro ducers,! who has been seriously ill from over work, is reported-" e rapidly secovering at his home. ' Mr. Dixon - has been working over time, in order to place the association on its feet. Its affairs were" completely demoral ised. Better returns are now available than a year ago, although prices are lower. BRIEF NOTES--PRODUCE TRADE Potato trade remains inactive at former as prices.. ' . , - Cranberry prices being generally shaded, s, Onions are held - firm but unchanged. Cheese market shows seasonable activity with steady prices. -- . Apples moving better locally with improved Weather. h No demand whatever indicated in the bop trade at the moment. SHIPPERS WEATHER NOTICE :. Weather bureau advised Wednesday: Pro tect shipment during the - next 89 hours gainst the following minimum temperatures-. Uoing north to Seattle, 82 degrees; northeast to Spokane. IS degrees; east to Baker, 12 de grees, and south to Ashland, 2S degrees. Minimum temperature at Portland, tomorrow About S3 degress. 1 PORTLAND WHOLESALE PRICES These are the puces retailers pay whole saler!, except as otherwise noted: auT'lKit Belling pneee, box lots: Cream ery prices Prints, extras, bio lb. for pain wrappers; cubes. 45 47 He per lb.; dairy buying price. 3 So per lb. Jt li TTJC K VAT Portland deflvery basis: Me. 1 grade. 8c; No. 2. 60 61c; Mo. 1 sone. file tor "A" grade. 'H fcJCSM Belling : Tillamook, triplets, S3 0S3a in.; Xoung Araerica, sSo per lb.; Oregon triplet, 214 27a, Haying price, f. a. b. Till smock i Triplet. 80ej Xoung America and Loahorn. lc belling price: mock Bwiss, Wisconsin, Ua2c: imported. . 6oe lb.; Umburger. 2S ; cream brick. Ore gon, xsestae: Kuun, xsisgve. rent receipts. Western Oregon. 0o per dosea; - pullets, SI par do. ; henneries, 44e per doa Selling prices: Select, 0062e per doa.; candled. 60e per doa, pallet, 43e per doa; storage, 8 a 9 So per doa. klUtiS Association selling price: B elect, 52e; brown 62c: firsts. BOe; pallets. 46c UVB FOLLrK. BeiBng price: Heavy hens, 31s2e: light bens. 14 915c per lb.; brotiers, stto per lb.; springs, 17 0 1 He per lb.; attcki.-l18o per lb.: geese. 1S17 lb. fresh Prune and "mfatle rRKBU raUtTa - Unngee. new navels, XS.7994.TS per box; lessons, $9.00S.30 - a ease; gTapefruit, riortda, go.OO $ 7.00;-ee-sabaa. 1 Ha per lb.; pears, $2.000 2.e per boa: trspea, ,lo per lb. BICKiUKd Crsnbemea, Ivorthwest. IS.T8 per box: kUstere, (ttl.Ov per bbL .DKIKU raulTS tlates, ST.OO; flea, black. 17 le per Il. : prunes. 4 Us and bos. ae-lb. box. IX He; 60s and AOs. lOHe lb. . ONION Belttng priee to retailers-. Ore gen. S2.0vey2.ftv per eeotai; garlic. 1620e la,; green onions, SO 40e per dos. bunches. POTATO Selling priee to retailers: Ore gon potatoes. 7 So gj 1.U0 per centslj sweet potatoes, H He per lb. VEGKTABLia Beete, Sl.Sd sack; cas- baee. 2e2Me per lb. settaee. S4.O04tS.2S crate; carrots, SA.TS per seek) tomatoes, CaH iirrm. Sa.6Ue9 4.0O per lag; horseradish. It t4 loo per lb. J anacBokea, gX.uM M 2.26 per doa.; cauliflower, $2.00X2.23 per doa.; celery $1.90 1.24 per doa. : eggplant, ISO par lb. AlPl.r.S Uookers, Tv m bee box; face sad till, ll.tivatl.23 box; fancy sad extra, fancy psoas, $1.00 2.20 BOX. . coUNTMt MEATS Helling price: OoaBfry nogs, 12 we pet lb-: neary staff less; Veal. tdps:iabea M 100 the.). 12 He pet lo. I heavy staff ten; lambs, lSe lb. aMOsUU MEATS Mares, AS 270 ,1a. 1 breakfss bacon, 2742e lb. PAChlNU klOt'SK MKAT8 Bteet keet. J 9 ft vi to.; neuers, iiaitt in,; rows, Ble la. lambs. 1802Oo-la.; ewes. 14c Ib.t boca. StftllHe lb. 1JUAM1 aettle rendered. IS He tb.; tierce oasis, onnnwansy xee. fclKANB arasH white. $T.S: large wtirU, t-6: Pink. 7.6o; Umaa, $l.6; bayea. $e.oo; reo, ti.au. - - 1IOSET Krw. $4.5$ .$ oer eaaa. KICK Japan Me. 1. 6c: arae Kase. Meats Wanted Warket -vary firm In -all linea. Ship immediately. . Ahecaa by return tnail. The Savinar Co., Inc Its Treat SU Pertlaad. Ore. Fresh Eggs Wanted .- . 'wV,Ttav a dependable market for Fresh Hennery Egge. Wa - v pay highest market price . . Quick return. .. . v, - !:;cuLi :FnOYisic:rco. - 47 EVERETT ST, 3PORTUL3fl OS. By Hjmaa H. Coke . Consumers are not Kclngr to pay more for their Chr in trass turkeys than necea BJtry. Moet of Utem are not ordering their supplies in advance because they realize that If they do the highest values most be paid as a rule. This holding; bade of baying; is expected to create a lower price range at retail. TheM retailer is always the one to suf fer from such notion and seldom, ma keet a profit on the holiday birds. One thing: is certain, there is better aver- ago Quality for Christmas than knon tor many years. ; . -: XHicks and gee so are plentiful and really low-priced- Many consumers will purchase these or chickens instead of turkeys. This is likely to be true especially of the small families which canno use a turkey except with waste. There are ample stocks of nuts of all kinds with prices reasonable in retail shops. -;- , Cranberries are too high and many will not buy. - Retailers asking from 25c to 20c a. pound. , -s - A few COrambia -river smelt are again arriving and ' finding sale at 50c a' pound. At this price they, nave a good taste. . -" ' - -- ; ' Ink fish are also available in down town markets. Oranges are much cheaper, especial ly in the stores that did not purchase earlier. L. Wholesale ' prices dropping fast. Quality is improving. - Celery, lettuce, sprouts, egg plant. cauliflower and sweet potatoes gen erally offeaing. All except sweet pota toes are high priced. The latter are cheap. Retail prices generally show : ft Titter1 Freeh creamery, S3STc Fish Salmon. 23 086c; black cod. 15c; halibut, 80c lb. Flour -Best meal patent. $2.00 2.25 per 4-Ib. sack. & Potatoes New, lMlKe per lb. Onions 3 9 5c per B. ' Yamhill street prices : ' Carrots, 1 H 0 2c Tb. ; cabbage, 8 H 5c lb.; cauliflower, 15 26a per head; lettuce, 10 16e bead: potatoes, lo lb.; celery, 10 9 20e buncb; tomatoes, 1A per lb. Honey Comb, private storea, 20c; pubBe market. 20c : quart, SOe; pint. 85c. Etzm Public market, 62c; private stores. 60 55c per dozen. Poultry- IJgQt bens, 22o lb. : heavy hens, over 4 lbs.. 23c lb.; fryers, 80e lb.; broilers 8 2c lb, ; turkeys, fancy, public market, 8 8c private stores, 40c lb.; dressed ducks, SOo lb. zee IB. Heavy Cattle Shipments Grants Pass, Or., Dec 20. The largest shipment of cattle which bas ever gone out of Grants Pass wss sent- out lste last week. Twenty-two cars of range stock from the Illinois and Applecate valley, and seven other cars from Glendsle were included in the shipment. The cattlemen are disposing of their stock, due to the shortage of feed and their desire to close out. Foreign Exchange Market New Tork. Dec, 20. (I. N. 8.) Demand sterling, $4.0 : franc, cables 7.42. cheeks 7.41 H; lire, cables 8.07 H. checks 5.07; Belgian, cables S.82. checks 6.81 H ; marks, .0181; guilder, cables SS.75. checks 80.72; Sweden kronen, cables i 26.03. checks 26.89; Norway kronen, cables IS. 0O, checks 18.96; Denmark kronen, cables 20.60, checks 20.5ft. Liverpool Cotton Steady Liverpool. Dec. 20. Spot cotton quiet; prices steady; sales 4000 bales. American mid dlings fair, 1R68; good, middlings, 1618; full middlings. 1508; middlings, 1058: new med dlings, 147S; good ordinary. 1418; ordinary. 1838. Putures opened quiet. Wiaslper Wheat Options Winnipeg, Dec. 20. Wheat? Open. High. Low. Dec. ......118 11SV4 110 H May 1144 115N 113H July . ... ..113T 118 111 Close. 110H 113 112 Minneapolis Wheat Options Minneapolis, Dec. 20. -Wheat: - Open. High. Low. Close. Dee. 123 125 H 128 123 H May ...... 114A 115 113H 118H July 120 120 117 118H New Tork Cottoased Oil New Tork, Dec. 20. Cottonseed oil open ing:. December, 986 w 1015; January, 980 ( 984: February, 996 01006; March. 1015 1019; May. 103301038; July, 10500 1052. Baesos Aires Wheat Buenos Aires. Dee. 20. Wheat opened Ve to 4o higher; December. $1.28 H; February. a.zu. lb.; New Orleans head. SHc COFFEE Moasted, 24 H 0 34 H 0 lb. sacks or drums. SALT Coarse, half ground, 100, $18.00 per ton; oos, sit.so; txoie aairy. so. gZ7.su; bales. $8.30 04.00; fancy table and dairy, $34.60; lump. $20.60. BL'tiAK Cube, $8.96 ; ' trait and berry, $7.96; yellow C. $7.40: beet granulated, $7.80; extra C, $7.0; golden-C. $7.40. CANNfcU MIL Tells. $3.v0; baby size, $4.90 case; Eagle, $.$ case, tHiA CKAcaEKS -la eaut, lBe lb. NUTS Walnuts. 210 See lb.; slmonds. 26 0 28 lb.: fUberts, 17o lb.; peaauts, 9e lb.; pecans, 26o lb.; ztraxila. 18 H axj cticstnnts. Japanese. 22 024c in. Flab and Saeltflsh JTKESH riJSM SUveratde saiaum. lSe per lb.; steelhead. IS 0 lee per lb.; kaUtrat, 26a per lb. i black cod. S01Ve lb.; stargeoa. 20e per lb. basket kippered cod. $2.00; basket kippered salmon, $2.00; ling cod, 7 0 Be per lb.; sole, 10c lb.; torn cod. lVo lb.; silver melt, 12Ho pa OlSTKhS IQastera, $4 60 gat; Olyrapis. $3.eo gak. $1.60 L; cxabe. Marge. $8.30 doa, small. $26 dos. . - Hose, VVool and Midas HOPS 1322 crop, nominal. S0lOo lb. H1DKH Caifakla, 14s lb.; ktpa. lie lb.; green hides, be ib. ; ealted, lOe lb. MOUAlat. Nominal. S6 0 46O la. SHEEP PELTS Long dry pelts, 23c re.; short pelts, HHo lb.; long hair goat, pelts, 2&s lb. ;soort hair goat pdts, 2S0&OO each. WOOL WiUsmette valley coarse. 23 0 27c; aaedrasa. S2 0B3e lb.: fine, 4O046o la. , aiasserw ui esua - soasMa, ssvsso is. TAlAAiW AMU OHKASE No. 1 tajlow, S03HO; No. 2. 4H See) grease, SH04e PUAS0AKA BAKK 1922 peeL 8c; 1921 peel, bo lb.; grape root, 7o lb. ' Parnta, Oils, Ktc HAW L1NSEEU OIL Barrets, par SsL. $1.10; 6 -gal. cans, per gL. $1.2S. BOILED LL1SES1) OIL Barreia, per gsX, 31.12: S-gmL ease, per gaL. 81.27. . Tusrsflfuis irrums, per gal.. iuii 8-gaL eaaa, per gat. $1.97 WHITE i.si ive lOO lb. kegs, per tb. 18 He. Lumber and Shingles Latest carload ftrmber sales by soaaafse turers, aotaUea represenUng Lab. null values la direct sales to retsiiea and larjadtng seliing expenses: i - . FLOOELSO; , liigh. Xew. Ave, 1X4 No. 3 v. g . .....$54.00 $49.00 $49.00 1x4 N 3 sod bet, a a 89.SO 8S.OO .... 1x8 10 ....... 4 69.00 ..... ..... s4 No. iM.i 49.00 J7.00 8T.M 1x6 No, 3 and bet. . . 42 00 39.00 40.00 aHMKUii ANU sUiriAr : f lxS 1 sle ........ 1S.S0 2S.S0 P1MKIUM: 1x4 12-14...:.... 19.60 :. lt.$0 &MALU TUtBEa; 424 13-ld ......... 22.60 18.80 LAtlt; ;- -..: -4 ft No. 1 f?r 4.30 4.30 A sfaiagles .i . . : . 8 33 1.33 Total sales. IS mills, 4. SI 7.088 feet. 13.60 18.50 21.30 juts No Commission,' Prompt Returns Todays Saarkrt prkes for top cuafity. Otherwise accord! sg te e,aslity. . Hoes 43e Veal tSVWe Veal us te SOO Ska, So e 10a- -J. Dr. nn avnsa ISe te SOe '-j- Oraesed mtrttes: 1te -We esa awe hve and dressed turkeys, gees, darks, and all kinds at chickens at sasrket pnees; ales aides sad pelts. FRA?:X L S?.!ITH MEAT CO. "Fie, Mine the Seef Tvst. HtW LPcariOf 107 most STttXET POftTLANO. 6RS60 HOLIDAY TONE 111 WOOL STUAT 0 - Br Hymen K. Cohen -. 'Wool buyers 'sppssr on willing at this time to saake further offers for contracts oa the ausg: dip. Jfany of the leading concerns have'warptae stock which they bad acenaalated when x values were materially aewea-. Una a thia time. CeaaideraMe foreign as well as dostestio fleece was eseared at the low range. This orobsbly accounts for the nnwiiang- ness of bnyert to bid-for Bore than a very limited supply st the recent sealed bid sale held here by the Oregon City Manafactarhag com- The anwlTltneviess to take hald at this time scarcely means a weak tone, as snoch as a dull one, that must be expected during the hoUuay period. As a rue; there is uu-e activity in either snot or contract wool daring the period from Thanksgiving to New Tears, This season. witn aecamnistert : netting, even duller toae might be expected. - In fact, any reeeat activity in the- market as naoce or lees e. lumto tid indicates the real strength a&derlying the gea- srai marxet. -- The lack of contract offerings tt not felt by growers who bare refused to be up then- clips ia advaaca, , AJCEBICA3T LIVESTOCK CJhloagw Hogs 3SAO PBICES Chicago, Dec, 20. (L N. S.) Bogs Beceipts 28.000. market 10 to 16c op; bulk $8.00 08.80; top $8.40; heavyweight 38.15 08.36; medium weight $3.20 0 8.40; light weight $8.2003.40; lights hghts 88.260 8.40; heavy packing sows, smooth 37.06 0 7.90; packing sows, rough $7.25 0 7.30;-pigs $9.15 0 8.40. Cattla Beceipts 10,000; market steady; Beef Steers, choice sad prime $12.50 018.50; medium and good $10.00 012.00; good and choice $12.60013.50; common and medium 38.00 011.60; Batcher Cattle, heifers, 36.0O 010.00; cows 34.00 0 7.60; bulls- 38.6O0 7.00; Cannera and Gutters, cow and heifers $2.2503.23: canner steers $4.0003.00; Veal Calves (light and handyweight) $9.00 0 10.73; .feeder steers $3.30 08.00; stocker steers $5.00 07.73; stocker cows and heifers 33.50 03.26; stocker calves 83.00 0 7.00. Sheep Receipts 1400; market weak; fat lambs SI4.OO015.OO; lambs: culls and com mon 811.00013.00; yearhng 31-1-000 13.00; wethers $2v08.80; ewes $8,50 0 7.60; ewes, culls and common $2.500 6.00; feeder lambs $13.60014.60. Seattle Hog $0.40 Seattle, Dee. 20. Hogs, none. Market steady. Prime light. 39-20 09,40; smooth heavy, 37.60 07.75; rough heavy. $0,00 0 0.50; pigs, 38.6O08.7S. Cattle receipts, 26; market steady. Prime steers, heavy, $6.75 0 7.25; medium to choice, $6.5007.00; fair to good. $6.7506.50; feeder steers, $4.50; prime rows, $4.75: good cows. $4.2504.50': canner,, $1.6003.50; calves, light. $7.60 0 8.00; calves, heavy. $4.5003.00, Sheep, none; irarket htesdy Prune Iambs, $11.50(3 12 00; feeders, $10.00041.00; cull lambs. $7.00 0 0.00; yearUnsa, $0.00 0 9.50 ; feeders. 18.00 50: wethers. hht JS.OO (& 8.30; heavy, $7,00 0 7.50; ewes, $.786.15; ewes, heavy, $4.75 0 6.60; culls, 82.00 03.50. Kansas City Hog SS.20 Kansas City. Dec 20. (L N. 8.) -Cattle Receipts, 8000; active. Steers, $7,00 0 0.25; cows and heifers. $3.000 5.60: stock er, and feeders, $4.30 07.00; calves. $8,00 0 8.50. Hogs Receipts, 14,000; active. Bulk of sales. $8.0008.13; top. $8.20; heavies, $8.00 08.15; lights, $8.0008.20; medium. $8.00 0 8.20. - Sheep Beceipts, 6000; dull. Lambs, $12.36 014.85. Denver Hogs SS.2S ' Denver, -Colo., Dec 20. TJ. P.) -CattleReceipts 1000; steady, weak. Steers, $4.30 0 8.60; cows and heifers. $3.OO07.5Oj stackers and feeders, $3.50 0 7.80; calves, 87.0009.00. Hogs Receipts. 1100; Steady. Top, $8.25; bulk, $7.75 08.15. Sheep Beceipts, 2500; steady. Lambs, $12.50014.23; ewes,- - $4.00 0 6.78; feed ers, $13.00 014.25. Omaha Hog 38.10 South Omaha. Neb., Dec 20. Hogs Re ceipt. 12,000: steady to 3c lower. Bulk. $7.7308.05: top, $8.10. . Cattle Receipts. 60O0: better grades beet steers and she stock strong; ether grades slow. barely steady; best steers, $10.20; other classes generally steady. Sheep Receints. 9000: steady. Bulk. $14.00014.43; top. 314.80; aheep stron: wetners. xa.ou; ewes, top, 7.3U; top feed ing Is tubs. $14.26. . - . San Frmneiaoo Moea S10.BO San FVancisco. Dec 20. IV. P. Cattle Beef steers, good. $7.50 0 8.00; medium, $7.0007.50; common. $6.0006.73: beef cows, good, $5.75 06.00: medium. $3,25 0 5.60; common. $4.00 0 8.00; cannera end cutters. 32.0003.50: calves, 150-175 lbs. $7.5007.75: 200-250 lbs.. $7.2307.30; av-ouy ids.. eo.e ts i.za; over ayu ins., $3.50 0 0.60. Hogs Grain fed. light, $10.00010.50; neavy, ii.ouwi.uv. Sheep Lambs. $13.60 014.00: .ewes, gD.ouaye.su; wetners, gs.so 010.00. DAIRY PKODtTCE OF THE COAST San- Francises Harkas. San Francisco, Dee. 20. (U. P. Butter Extras, blftc; prime firsts, 61c; firsts, 49c - Eggs Extras, S4c; extra pallets, 49c; un dersized pullets, 44c Cheese California flats, fancy. 26c; firsts. Seattle, Dec 20. Eggs, select ranch, 48c; pullets, 43c I Cheese, Oregon triplets, 80c: Tiflamoak triplets, si 0 33c, Yonng America. 83c Lee Angeles Market lios Angeles, Dee. 20. Butter, 60c; eggs, extras, 80c; case count, 47c;. pullets. 4 Sc. - Poultry Hens, 20c; broilers, 40c; fryers, POTATOES ALOX& THE San ppancisoe SSarket COAST Ran Francisco, Dee. 20.-! (C. P.) Onions ' uiote, si.6O01.7S; Stockton red. si.xa 01.75: rtllow. per cwt.. 31.25 01.75. Potatoes River fancy. 9Oo0 1.10; Idaho, Washington Netted Gems, $1.25 01.80; Sa unas, 1.V9H1.U. 8eattle aUrkst SeatUe, Dee. 20. (t N. S.) Oniom, Cali fornia, a 44 0 se; Walla Walla, So. Pntxtoes, Yakima tiems, 22 025c; local. 81.50 0 2.00: California sweets. 3fe03c Lea Anewlas SSarkaa Los Angeles, Dec 20 Potatoes Northern Rivers, $1.50 01.75; poorer, low as $1.40; Idaho auaeeta, $1.0001.70. . Xastera Cask Wheat f Chicago, Deo. 20. Cash wheat: No. 2 red, $1.33: No. 1 hard, $1.28 H 0 1.29 H ; No. z nam, i.zssi.2; no. s nero, s 1.27 a 01.28. . Winnipeg, uec. au. eaaa wnest: no.j x horthem, $1.10; No. 2 northern. $1.07 j No. 3 northern, $1.054; No. 4 northern, $1.00: No. 6 northern, 93 He; IS' o. 0 rfiorth em. 86 He: track, $1.09M, aautneapotav uec. 20. cash wheat: no. li dark northern good to fartcv . arrived. 1.27 0 1,40 H J "No. 1 dark . northern. UtttMl.III No. 1 nortoern.- I1.23M 01.81)4: No. 2 dark northern. tl.SlVtev 1.29 t Nol a northern. S1.S1 M s 1.29 m i No, S dark northern. $l.lf 0 1.28 Hs No. a norcnern. !.! M 1.23 : Ao. 1 an hard Montana, $1.25 H 0 1.33 H J ' Ko. 1 hard MonUaa, $1.22 1.26H. i - ' Dried Fralt aad Beaas New Terk. Dec 20. J N. H.) -Beans Marks, steady. Marrow, eftoace. SlO.ues 10 50 : Pea, choice, $7.230S.OO; lied Avid Bey, choice $8.2 ft. Dried Fruits Market. dalL Apricots, choice to ex-fancy, S4 04Oc; apples, - evaporated. prime to -raocy, xv av 13 nc; prunes, bos te eus, iiaiibe; prunes, sua to lOOs, T0 J 13c: peaches, chosre te ex-Uocy, 13 H 019c; - Money and Exehasge : New tortr.v,Dec. 20. (L X. 6.) Call money oa the floor of the New Tork stock exchange today ruled at 4 i per seat; high. v Tt per cent, Tune money was steady, ju were 4 0 3 per era.. The market for pri mercantile- asner Was steady. Call money in Lamdoa today was 1 per owning exenange wss strong; Sew York Wool and Hides- : New Tors, tec SO. (Li K. B.) Wool market dull. Teatertie tleec XX Oh, 4S 0 57e) doaaettie pulled aeeared basis, 7Se0 $1.20; dnmestio Texas sreared haria. 31.030 1.85: territory Staple, $1.2301.40. Huleraritet Suit Kabre statss. 19 aiiacj branded steerr. 18. . ..- -- 1,- -a - - . ' v San xraaclseo Grata Varhet f -' Ran Frxndaoo, TVe. aeon, December sales, 31.62 H 0 1.02 i -l.Sa. 20. Barley closed. l.a;? May Calcutta grain bags. June-July, : 16 bid, 10 H asked.. K seirion Tbaraday afternoon. Chieago Potato Harast '-Sv'"" Chir-axo, Dec 20. ft 7f. 8.1 Potatoes ReeeiDta 4 0 car. WucoaA. uul VTm.,..,!. wuuea, eucsiyu; auans nuseta, I LACK ACTIVITY III 1EAT TIDE PSOTCST BAG XABELIKQ A resolstioa wad passed by the Portland Merchants' Exeaaago as sociatloa ; pretesUag against the -aassaga of the raUag of labeliag Calaeattev grata aag. t.TTte reae lattoR was forwarded its TJalUd States departmest of RgrtesitaTO. Copies were alto seat. to Oreroa represeata tires la coagrsss. WEBKESBAT WHEAT TEaDB --! .Tear - I - Bid "Loss Ago Hard white ... ... 110 $1.13 ... 1J6 le ... L33 .. 10 1.10 ... UI' - 16 .SjH e O ! 1M Soft white ..... Western waTte . Hard wiater ... So rtb.era spring Weitera red ... NORTHWEST GRAIN RECEIPTS - (Compiled by the Merchants Exchange.) Wheat. Barley. Flour.OstaHay. tl a? PortUnd. Wed... ... I t li Tear ago .... 01 ! T 6 8 Season to date. . 11998 342 .007 420 1040 Year ago . . ..19ezz sat xaeo oeu v Tscoma. Toes. . . 13 ... ; 3 1 . ... Year ago .... 1 0 . . , 2 1.... SeaUa tTdate. . 3860 21 336 01 858 Year ago . . . .- tin 10 oai 00 esa Seattle, Tues. . . . 15 ... i S ... 21 Year ago .... L SU., to date.. 6017 27 1399 831 30 Year ago .... 4Bx izi xzuo iu 02 Astoria. Tunes.. Season -to date.. -480 44 47 Wheat market is without any general sign of sctivity st Pacific terminals or st Inland Eaupire primary points. Limited activity in white club or Western white ,as shows around 81.25 01.26 basis tidewater track delivery, but buying is almost too limited to base ouo- tarinMa Prices here are still slightly out of line with foreign trade condition. Exporters claim that 31.20 is about the top hn white club for foreign shipment as wheat. Recent purchases st the higher prices appear to be for the account of mills who had previously sold club straight floor for export. Liverpool ' options and spot market started tba Wednesdav bade at a SOOd position. A private cable told of a firm market there hat no offers to buy were eoaiirmea tie re. uucua options started firmer and higher, then lost and recovered somewhat. ITlone market ia ateadv far oe tent with a seasonable degree of activity, ) but export busi ness continues limited. MOlstnffi. feedstnffg and hay continue at previous price range WHEAT Baying price, tidewater, track delivery: Clnb. 31.24 0 1.28 :per bushel: bhie- stem, 81.33 bushel: Big Bend braestem. $1.60 01.63; Turkey red. $1.24 01.26; red Bosnian- si. 2a. DOMESTIC WLOTTR Selling price, mill door: Patent. $7.80; Willamette valley brands. $6.30 0 6.60: local straight, 80.05; bakers1 hard wheat. ST.HO: Baxars' niuesxesm. j.iv: bakers' pastry, 83.30; graham, 86.60; whole wheat. SA.HO: i-ve.S6.80 bbL Priee for city delivery, 1 So extra; suburban, 80c extra. nJLrxjni i iail k wio ; smiigni, eo.sv. btueetem, eut-otr, so.80. HAY Baring price: Willamette timothy, fancy. 822.00 023.00; Eastern Oregon tim othy, 323.00024.00 ton: clover, 320.00; straw. $8.00; alfalfa. $20.50 021.0; grain hay, $22.00. . GRAEf SACKS Nominal. No. 1 Calcutta. 10c for new crop delivery. Domes tio bags, lOe each. i MTT.T JJTniriPa Itm n at mftL sacked. ton lots. $35.00; carload lots, $30.00; said- olings, g42.OO94S.0O per -ton. OATS Per ton, buying price: Feed. $35.50: milling. 388.00. BARLEY -Buying price: . Feed. $34.00; brewing, 334.50. FEED8TUFFS F. o. b. mills: Rolled bar ley. 387.00; whole barley, 835.00; alfalfa meal, 380.00; oecotrat meal, $89.00; cracked corn, ses.uu; wnoie corn, ; gao.w. Merchants' Exchange bids: WHEAT; ' Dec. ! Jsn. Hard white .....8 1.5t 8 1.30 Feb $ 1.30 Soft white 1.23 i ; 1.23 ' 1.25 Western white ... 1.23 Hard winter . , ,-., Nor. spring ..... 1.20! Western red - . . . 1.25 1.20 1.21 1.17 1.25 1.20 1.21 - 1.17 FEED OATS naturals. . ..837.00 i $37.30 BARLEY 88-tb. 44-lb. 40-lb. No. 2 $87.00 minimum.. .334.00 1 minimum. . . 33.00 CORN i $34.00 38.00 $33.00 82.90 $34.00 83.00 E. T. ship.. 838.50: $)).00 32.60 e - Not 3 E. Y. ship.. 82.50: Fear Liverpool Wheat Advances Much 1 1nflated Chicago. Dec. 20. Wheat bulls had their confidence disturbed by the action of the mar ket today. It wss the first time . in week that the Liverpool market made a full re sponse to the American advance of the day before. This encouraged buying at the open ing and December and May reached new high points on the crop. Some of the longs were suspicious over the action of the English msr ket regarding it as erttficisUy Inflated and they sold out their wheat on the early ad vance. Thie disclosed a lack of auypuri and more B3 nidation followed when it was learned that a big Eastern long was disposing ef his holdings of corn. The big local longs sup ported the market but on any rally there was wheat for sale. Cash wheat premium was firm. Milling demand for wheat was quiet. Seaboard advised that while no sales for ex port were reported, there; wss a belief that some bus) nee. had been worked oa the break. It was reported via Omaha that Italy had removed the imporf daty en flour sad was asking for offers for quick shipment. December corn sold at a new high level st the start and late months started higher. The bulge brought out heavy seliing and this con tinued for some time, the sales being mostly so Eastern longs. Support from, leading long interests was uncovered, - but this proved -inadequate to prevent a material break. Cast com was easier, discount for Ke. 3 grades being wider. Shipping demand was slow. Country offering, to arrive were more liberal. Export brokers said that bids from the sea board were withdrawn but the seaboard told of some business being worked en the dip. Sales of 120.000 bushels of contract core were made to go te store, i Oats were higher early,! but prices goffered s recession Ister la sympathy with grain. Sales of 10.000 bushels of oats went to store. Provisions higher with hogs early bat re acted later with grain. . a, W? 1Me5. J z2c i lower. December, MT' I 2S nr. 01.13- - ) -.- Cora r'osed ? ?1 ac lower."" December. 74 e; May, 73H078ie; July. 72c. TT I sower.. Wea i tie: May, 4dH 046oj July, 42c. Lard closed 3&7Ue lower art ril fate closer! aale Imm. iw..Sm ribs rm- cnangra 10 so ugner. t Chicago range fiay United Pre: Leva, - Oeee, in 11SH - 74 73 72 H i 44 14 44 IW .... 128 128 H Meg .,.. 1264 126H July .... us lltt ; corv Dee. .... m 76U . 76H May ...r 714, ' . 7S4 July .... 74 T4 - - i .... OAT8 Dee. .... - 4514 45H May ..... 471- ( 474 Jly 4i 44 . RTE i. Dec ..e- 00i 004 May 034 126 1224 113 14 734 ' ". 72 H 44. ;v 434,,- . . 4 ti?a 4S1 894 A 1 H B 102 1062 Jan. ...! 05O -1065 kUy .... 1073 107S 1043 1062. JUBS 3Uaaeapolls.Dalatk Flax MinriepeWs, Dec.v 20i-Fmx. Bc. $2.07, May $2.48; track $2.8S2.fl9; arrive Da. $2.37. - ' .... i . -i. - Dutath. Deo. 20. Fax Dec $2.T, MayJ 32.49, J. $2.59. July $2.43; track $2.07.1 arnve ., . :i ' Xew - Tor Xetal Xarket lew Terk.' Dee. 20. Copper, - firm; as ssniunaisnii, i Lead oatet, aa positioas 7H 0Te. - -Spelter, easy; spot, Dec. $6.95 0 7.15. Jan. Feb. $$.90 0 7.05. . . -fK:UTorawt ITaeat Higher . ? Liverpool. Den. 20. Wheat: - ' - iv-:--"'---'" Opea. -! - - Close.- -...Cain. Dee. ...vM.107 4id 10s SHd . 2d March .......10a ! 10s " Id ' Sd Maw ........ 9s M j S JOd lttd WOOL- GOOD STEADY PRICES IN LOCAL ALLEY W2BXESBAY XJCTESTOCsT TKADE Hors ; Steers Lsmha Pertlaad ...... 30 .$ 8.34 I1SO0 Chicago 8.40 ; ' 13U0 Oasaaa ........ 8.10 14JS 14Jt Dearer ....... 8.4S 8.60 - ' 14J8 Kaasas City sjf 3J3- 1L3 POKTIAXD litestock bttx Hogs: Cattle. fjaivea.bBeeo.csra; Wednesday. . Week ua . . 1663 2ft OS 13 IS 14 i S4 S87 142 i 109 . ISO I 823 239 --! -S-.-v SS- lio 199 , 113 230 ' 542 .... -i .120 . 1 3 weeks ago . 4 weeks ago. , Year ago..,. 2 yean ago. . t years ago.. 4 years ago.. -Holiday - . Fifteen leads of li restock - were reported in the North -Portland alleys Wednesday, 'bat nine ef these went direct to loeaT killera. "They were on previous purchase. . Hogs and sheep were steady whils cattle were nominally steady. In the hog alleys local killeTs had 1201 Bead ef the total supply of 1663 head fog Wednesday. This beach consisted of nine load and came -direct from th midwest. These form the hulk-of the needs of killers, therefore no special demand was shown for the home offerings, although the msrket wag considered steady. General box market range: Prime hght 3 0.00 0 0.5O Smooth heavy, 230-800 lbs... 8.00 0 0.00 Smooth heavy, 800 lbs. up. . . Rough heavy Fat pig ................. Feeder pigs .............. Stags . 7.50 0 8.00 6.00 0 7.S0 S.5O0 S.OO 8.50 8.75 4.00 0 0.0O Cattle Trend Nominal Only a limited supply of 29' head , came to the cattle alleys st North Portland Wednes day. . There still remains tome stale stuff ia the yards although the previous accumulation is quite well cleaned. Price nominsl steady at the-previous range. General cattle market range Choice steer $ 7.23 0 8.00 6.25 0 7.23 Medium to good steers ...... 'sir to-medium steers ...... Common to fair steers ...... Choice heifers Choice cows and heifers . . . . . Medium to good eows - heifers. Fair to medium eows heifers. Common toe fair cows - heifers. Canner . J. . Mulls .... Choice feeders ............ . a.eum e.zs 4.00 0 8.30 S.OU0 o.zs 4.SO0 S.OO . 4.OO0 4.30 S.6O0 4.00 "2.SO0 S.50 1.30 0 2.50 S.OO0 4.2S B.00 0 S.50 Fas to good feeders Choice dairy . calves" 4.OO0 S.OO ' 1 B.OO0 8.60 rnme light calves .......... Medium light calve ......... Heavy calves Sheep Hold Steady t.VOH S.OO 7.60 0 S.OO 4.00 0 7.60 Less than a load of sheep and lamb came into the North Portland alley for the Wednesday trade. Sentiment at the start indicated a steady tone. General mutton market ranee: Prime east of mountain lambs. .$10.50 St 1 2.50 Choice valley lambs -. , 10.50 012.50 Medium valley lambs . . Common valley lambs Cull lambs . .-. Heavy yearlings . . . . . Light yearlings ...... Heavy wethers, ...... Light wethers ....... Eves . . . 9.50 010.90 8.60 0 9.60 6.73 0 8.60 9.60 0 10.00 9.00 0 9.50 7.00 0 J.BO 7.50 0 B.B0 3.00 0 7.00 Tuesday Afternoon Sales . STEERS Ave. lbs. Price 1 No. Ave. lbs. . No. Price 6.60 6.60 8.00 8.50 3.50 4.00 3.00 3.00 S 4.35 I 5.28 8.00 4ALV1 1 166 $ 8.5 I 2 2. . .. 280 4.0O I 20 150 .. 281 4.75 BULLS 1. ...1130 $ 3.0O I 1.. . 1. . ..1610 8.00 , MIXED CATTLE 487 $ 4.00 I 1540 $ 3.00 HUUS 2.. 30. . a.. JI:: 25. . . 6.. 165 102 78 121 233 132 0.25 8.60 8.25 8.23 8.90 9.25 8.. 210 $ 0.85 184 9.50 2T3 8.75 20 S.75 130 8.75 13. . 8. . S.. 8.. LAMBS 70 $11.00 1. 84 12.60 1. EWES 142 $ 5.00 ! 3. 0 $12.00 100 12.00 170 $ 6.00 Wednesday Morning LAMBS No. Ave. lbs. Priee. I No. Av. lbs. 8. .. 103 $12.00 l HPTinrRSi Price 1... 920 $ 4.50 I 2... 745 $ 4.00 18... 255 $ 8.90 I 20... 286 $ S.OO 10... 134 ,8.75 IS... 131 8.73 26... 90 8.60 Hew Tork Batter aad Err " New York, Deo 20. (L N. 8.) Butter market active and firmer. Creamery extras. S4Ka5fiKe? creamery firrts. 47Sc rreamery higher scoring. 63H 088e: state dairy tubs. 33 0 54c; ladle frerh. 380 89c. i'liMK market firm. State Average tun, 274es Itwec grades. 210 24c Wisconsin Whole milk fancy Young. Americas. .28 State Skints sneclals. held. ? 1 a 2 1 14 C. v Em market firmer. Nearby white, fsncy, 73 0 74c; nearby brown, fancy, 68 069c; extra. 64 65c: firsts. 57 f 6C Milk The wholesale nominal price' is 32.99 per cwt. delivered in Jew xork. Bonds Are Sold White Salmon, Wash.. Dec. 20. Free man Smith ek Camp company of Portland were the successful bidders for .156.000 issue ef local improvement bond' for perms nent highway No. 0, or, as it is eomraonly known, the Mnsnm-Troutlake nigaway. Whit Salmon, Wash, Dec. SO. The plant of the Central Box compar.y at Bingen is to be snlarged and new equipment vrlil be intuued to care 'for the Increased apple buaoMS - for next year. . STew. Tork Ponttry Market New Tork, Dee. 20. (L N. 8.) Dressed Poultry Market, steady. Chickens, is 0 43c fowls, 13081c; turkeys, 33 0 07c; ducks, 20 031e; geese, , 22 0 82c Live Poultry -Market, firmer. - Chickens. 210SOe; fowls, 0 2oc; roosters. 14c; tur keys, 47 0Oe; ducks, ZO24e; geese, 21 023c Mors lambs fa Cotrjr" Chicago. Dec. 20. (V. - P.l Aurroxi naateiy 20 per cent more sheep and lambs wens in UM valted -States JJeeember 1 -this year than last, according to a report of the United States department of agriculture, made puane nere. ': iw Tork Pototo Harket New York, Dec 30. 1L N. 8. ) Pota toes Market, firmer. Nearby whit. $1.63 08.30; Beraindaa. i4.OO01O.OV; Sottthcnu, St.ao 2.vv; sweets, awe esi.sa, 3Tew Terk-Loadoa Sllrer " New York. Dee. 2 0 .- Comm errial bar all. very domestic, unchanged at 99 e; foreign. 18o lower at 62 4ic London, Dec. 20. Bar silver wax ftc lever St SW MC . ' . :. ; ' 'Kara! Stores Markat " New Terk. Dee.SO. Turpentine. Savannah. 81-SO; New York; $1.37. - Ri- Savannah, $1.70X4.80; New Tork. Turkeys Bullj iW3neJTinge Shown in Trade Market -for tarteys eeatiaaed te gatber woakaets Wedaesdsy. Early sales aiosg tfco street were again Umited. Big lots aid not mti b yoad 34c, oltJiongk la a very limited way as klgfe as 330370 was aeked tor seleeUeav - Sacks aad geeee were In a like aositioa v.1;;.. . -,..;. - Prices ihoVved. geaerauyt - ' '-iz.v', - -- - a-tre. Dressed. FaacT . . ...... fsfe 3(0 17e Ordinary j '..... .. l$f 7o i 30J34o Call ..... . . .... ...... . '. 1 7 ts Daeks .......... 1(0 13o ? ; .w.x tig '6sesO:",.VVW...: lset j-tlslISO 10.... B80 $ .O0 1 ,,...ivii 2 970 5.50 I 6 1060 COWS 1....1090 $ 4.00 1.... 760 1.... SIO 2.25 1.... 830 1.... 60 1.60 1.... 887 1.... 770 1.50 1....1180 4.... 952 3.50 1 1180 22.... 855 4.15 . 1.... 950 1 1060 8.78 HEIFERS . 1 870 3 4.35 i .... 825 ARBUCKLE TO STAR AGAIM IN MIES' COontlnaed Page One) the last thing X ever do, declared Ar bQckle when the news was carried to him. ' x" Arlmckle was deeply-' moved by the pardon, and the Christmas erplrit In Wbich It was given. v ",v The pardon takes effect January 1. Joseph Schenck, - Ar buckle 'a friend and produoer, said: t v - Roswto ArbockJo anil go to work for I am glad to belp la gtvliisT nun bis chance. Jesse la, - iAsky, first vice president of the Famous Players-Leaky com pany. which bad Arbuckle'a three com edies reaay to release wnea ine come dian was arrested. , announced , that Paramount would probably handle his future productions. , Bo said : c , To thought has been given to the matter of releasing the pictures he has already made xnere bava so plax in mat connection.- -.- ; - v In explaining his reasons for "par doning Arbuckle, Hays summed thera up In the words r-Falth . and beller." and went oa to tell how the idea came to him. fc.Wv ,;;;i;f,-:':'.'J UrSFIBED.BT BTJ1VES Tho other day I happened to turn over the leaves jt an old pocket- Bible that my father had given mo when I was seven years old. ; "On the fly leaf my good father Toad written : . v Ten rules of conduct fop Master Willie Hays, in the belief that he will try to live up to them.' . ;,. .. ' -"That word "belief was underscored. A lump came into my throat when i remembered how many times that "ho lier that my father had written in stead of the word "must' had kept me from doing things that would have been wrong. '' ' . "Why, with belief as great as that, a man simply couldn't cheat. I had to play square, not because my father had ordered me -to, but . because - ho believed that ! would." ."And then" I thought of Arbucklo and. the spirit of Christmaa. And X decided that the greatest thing In the world was belief that man would do the right thing.- And- X believe that Arbuckle wtlL" - tfT BAKS AKBCCKLE FIX3I8 Indianapolis. IndH recv 20. (I. N. S.) Films featuring Rocoe (Fatty) Arbuckle will not be shown -n Indi anapolis even though the ban has been lifted by Will Hays, if Mayor Lw Shanks can prevent it. - Mayor Shanks said today he would notify all pic ture houses that ho would not permit Arbuckle pictures to be shown in this city. "I am confident I can prevent Ar buckle pictures being " shown here," Mayor Shanks said. D. IS (Continued From Page One) ing the, anti-narcotic laws.l tie prohi bition laws ana the conspiracy slat uteB, but' in reality you are guilty of robbery. You men who went on that Your Out' LIGHTNER AGAIN CONVICTED The To Pe Published Sunday, December 31 , . - ' 'r r - - f -''"- : -. v. The Year's End Number will be mailed to any address in the United States for 10 cents the copy, postage prepaid. Fill out accompapying : address blank; and forward same to the circulation department of ; The Journal: , ' . " NAME ' STREET TOWN STATE 1 " 1 - lU.v ' - I " " , " ! ' "" I -J "j - .. -. . I J - J v - ; , ... : . " , . " ; ''maaavasasssasaassavsBaaaS&aa JHE OREGON JOURNAL, Portland:- . - k : , ; 7 ; Enclosed find . . I . ... ; . for .which please mail'The. Journal's Year's EndNumber to each of the addresses given above.1" fr ' - c thoso Japanese shorn e- "Then turning to Williamson tho court sentenced him to' four months In the county Jail and imposed a $200. fine. After ' a-, -pans the . judg turned to Claeyai and ordered -. him confined at McNeils Island for' IS months aad lm poaed a $500 penalty. iCfforta to se cure a stay of execution for Claeya over the holiday a were, denied because he had received a prison sentence, Wil liamson's request was granted, he be ing ordered to report to the Valted States marshal on Janaary 2- . - DELAT IS DSirrED . -"-v -After Qaeys - and. Williamson had been sentenced Lightnera attorneys attempted to get another delay in the case, to prepare a motion for a new trlaL. foot. Judge Dietrich would: not allow it. . . He ; ordered the actroneya and Ughtner to appear in court Sat urday, at which time he would dispose OJ the motion and sentence Llghtner. TS. A. Brown, another co-conspirator. who pleaded guilty ' to the liquor charge, was also ordered to appear-at 10 av. an. Saturday for sentence..- Except for the sentencing of Ught- ner the dramatic trials growing out of bis violations of the law, featured by a ecnsational flight to China in an at tempt to lump hie bond, are closed, - Before sentence waa pronounced upon Ciaeys, United States Attorney Lester W. Humphreys told the court he did not desire a re-trial on the disagreed verdict, and - agreed- to dismiss the narcotic charge. The conspiracy to' violate the Vol stead act included two other defend ants W. F. Hardin .and T, Saino both of whom pleaded guilty ahortly after they were indicted. Hardin was sentenced to six months in the county jail and Sainto to IS months at Leav enworth. Sentence of Ciaeys this morning is significant In that he is the first Vol stead act violator to go from Oregon to the federal prison. Heretofore Ore gon bootleggers and moonshiners have only suffered county Jail ; sentences. ASK U. S. EXPERTS BE NAMED 'Continued From Page One) . and could pay, throwing - open , the books dealing with the administration of her Internal affairs, and so forth. 4 Germay hesitates to name a rep arations figure now herself that she is ready to pay, on the ground that France and the other alliea would find I jt unacceptable. 6 Germany feels that If the al lied armies of occupation were with drawn from her territory she could pay double-tho amount of reparations she otherwise could meet, or at least much larger sum. -r-Germany would undertake to give a categorical answer "yes" . or "no" as to whether she would accept and agree to pay the figure that the expert commission .decided on. Information here is that Premier Foincare...- in - rejecting - the proposal, takes the attitude that France' insists Upon the London ultimatum, which re quires that Germany pay 132,000,000, 000 gold marks, or more than $30,000. 000,000. This sum is generally regard ed In' the United States as Impossible. Foincare is said to have declared that if a moratorium is necessary for Germany after January 15, when the next ' reparations payments are due. France will exact sanctions of -guaran tees from Germany to insure her Inter ests in the reparations payments. He doea aot taka kindly, to the- proposal of Town- Friends boat - treated fully.? , GERMANS Year's Slid of 'By.;-.. for a commission ef experts, especially, it is said. If such a conference is to be aM In Waihlnrtnn - ' ' a The present revelation by the United Press of this German proposal has ex cited the greatest interest in Washing-, top, especially since the plan waa un doubtedly and primarily an appeal to the United State. ",' : What answer Secretary' Hughes "has given Ambassadors Wledfeldt on. the German proposal is not known. - , v" FBA-CK WOT1LB ITf 8IST OXt " ' . BEDUCTI05 II WAB DEBT "-By Psal Scott Mewrer B pedal Cebla to The Journal sad The Chtcsge. uauy wew. (Copyright. 1023) - - Pnris. Dec. JO, Any plan, even If American, which contemplates a reduc tion of German reparations ; without .a corresponding ' reduction of . the allied war oeoia, wiu oa reeoiuiciy rejoctea by? France,' according to - the- corre- -spondant's Information. - ' k. , v . a-. ...i. - , tue AiuriiLan avucnif .il iiuikc i-iie,. German debt and then make a loan to , Germany is. therefore, certain 'to ba rejectea unless its form lsa modified as to spare French opinion and to ere-, ate the impression that the sacrifices , demanded are general and are not to lean exclusively on' the shoulders Of France. - -....--. New Sherwood Sank Open for Business; Capital Is $30,000 STlerwood. Or. . Dee. SO. The (NrJaawa henk of Sherweod opened for beaines this saoming with a paid-ap capital of 380.000 sad $3000 surplus. The officer are: Edward SrlraW mertrh, president; J. S. llorberk, nee presi. deosi J. C. Leedy, yiee president; William O." Christensen, r ashler. The new bank will take over $113,073.11 of the assets of the defunct nans "ec nnerwood. T&nv price fnclodes the fixtare. The new hank will aeenne aha hank. ing rooms of the eld bank. ' The asm initiUi- ttoa nas strong barking and M In-the hands of . experienced and conservative- men. - Its ucees appear beyond qaestsoa ' in rematnoer ot to saaeta win ra plgcett la the hands of a trustee for collection.' These saaeta aggregate a boot $83,000. It is be lieved that depositors ia the old bank will re cover about 83 per sent of their money. The ww .mna -fa cuing aver o per eeu ef ine old bass's saaeta. fee- which It will nav the commercial depositors fare valoe, sad 85 per-' cent of the saving, for which it likewise pays 'sem en in aouar. . ' ; - Thia is on of the wealthiest farming eecs mnnide in the state aad this - fsct was a strong factor in drawing heavy support here for the new bank. . - WAHIKGTO COtraTTT BA KERS EXTEKTAIITBD AT BASQtlET Hillsboro. Dee. 20. Member of the Wsab ington - Coonty Bankers' assoeiatioa. were en tertained here last night by members of Shore Saving bank.' - A. banquet- was served by the wales of the Ikmgregationel church. Thirty, one members were present, representing nine banks of the county. W,- A- Helt, vice presi. dent, and J. I. Leonard, assistant cashier of the United Btates bank of Portland, - were guests. '-. - " A. O. Shale, president ef ' Rhute's Savings bank, and who ia a member of the bankers' legislative committee, presided and spoke eo the proposed bill to change the present state banking law that will come before the leg islature this year. Discussion of the bill by the-member of (he assoeiatioa followed Tate. Slmte's speech. ---- -s ".-,. Sawmill to Close Christmas ' Hoquiam, Wash., Dec. 20. Hoqnism saw mills will be cloeed but on day for Christmaa, After ' shutting down Psturday night, the mills will be down until Tuesday morning, when they resume work. The logging camps, enme of which ar already down, will reopen 'VVed needsy rooming. . . -' ..,-.- Buy Useful Gifts Store Open' Eversinga Until 8 o'Clock. ARMY & NAVY STORE 94 Third St, Portland, Or. v Will Enjoy Number