T
TIIK 1IKND IICM.KTIN, DAILY EDITION. flKXD, ORBOOM. NATI'llftA Y( JVSK II, 1021.
PACK S
FINANCIERS LITTLE INTERESTED
IN BIG ISSUE OF GERMAN BONDS
lly Clmi-lea Mi l nnn.
(llnlUd I'na HlafC Corr l.nj.nl
LONDON, Juno 10. "As anion as
U practicable" after Jul? 1, Ilia llritt
lot of (lermany'a 133.000,000,000
reparations bond lamia will be offered
to tha world In Ilia npan market.
Ho far, there la III tin In ba learned
I to whan " aoon aa practicable"
meant.
Tha first Installment of Ilia bond
S, 000, 000, 000 will ba delivered
to lha raparnllona commission on
July I. A second Installment la dua
Novrinbr I of 19.500,000,000. At
tlm an inn Hunt (lormsuy la In deliver
a Ihlril aerlea. IiiIiiIIiik 120, Mil), 000.
000, to bn In-lit without roupona un
til Ilia reparations roiiunlaaloti de
cides i it in n li y la nbln lo pay Interest
and alnkliiK fund (rum her slated an
mini payments nf f Min, lino, non and
a 26 per rent tin on Iter exports.
That represents a Intiil of f 33.
COO. 0011. 000 to ba delivered. Not all
of these will be, lnui-d. Tho ulti
matum to (icrmatiy provided for puy
mint of thla aiim In bonda. plua
1750.000, 01)0, representing Belgium's
debt lo Ilia alllia. From lha lotul
niual ba dcdurtnd tha amount Oar
many haa already pnld lncparallona
ai far 12.0110.000,000. Tha total
to ba laatied will ba. roughly. 111.
760.000.000. Tha ri-paratlona rnmmlaalon will
U. S. AND JAPANESE
MAY CONTKST CUT
Kvpert lU-llrvr l.lltln Brown Men
Will IU llnnleat l Hr-frwt In
Davla Trophy Tournament.
Ity lltiiry l. Karrell.
I'JnttMt l'rM Staff tafrraMnUntl
NKW YMItK. June II. - Inlcaa
Australia ptilla tha unexpected with
a team of ynuiigntcra, America and
Japan will likely fight i out for the
)uvla rup next September.
For the first time In years, the len
liln rlanNlr will be played without the
veteran Nttrimiu Ittonkea and Oerald
Patterson, A ual rullu M area of yester
day. Itrookea and I'ulteraon have both
been left off the team nniulnaled by
Australia for tha liavla rup mutches.
Bunking on youth, rather than a it'
ll ml eV'tlem-e. the Australians have
liuim-d J. II ll.iwkca, N 1'earh. J. O.
Auderaon and either It. V. Thomiia
or W. Todd for tha learn.
Australia frankly doea not expert
ruin-h from the team In thla year'a
rompetltlon. but the radlral change
In tha peraonnel of the aquad waa
run tie with eyea on lha future.
Kiiglund and Franre may ahow
aome unexpected form, hut with Hie
Auatrallana leaa formldabla than an
ticipated. It Inoka aa If Japan will fur
nlh tha urea teat opposition to the,
American rup hnldera.
Hrhlnildiu. runner up at Ilia Ilrll
Inh national championships la at year,
b.ia been atilo lo Ret a leave of ah
aencp from bla hualneaa In India and
will play In the rup malrhea. Kuma
Riia and Kaalho also have bean named
for the tenm.
We Add a Steady Customer
Just as soon as a family once tastes
Tk-jf.Hl BEND. OREGON.
That helps Iiend's payroll, too, for Des
chutes Gold is Bend-made. In fact it's the
only creamery butter produced in Bend.
Boost home products, and please your fam
ily by keening Deschutes Gold Butter on
the table.
The Central Oregon
Farmers Creamery.
I await a fuvorublii opportunity to opan
lha flrat of tha bouda to lha market,
according lo pluna. ThouKh prored
ure has not been diifliillaly dacldad
up, II la thoiiKht that tha cominlaalon,
aa Ilia central governing body, will
form a apaclal body, coinprlalim dula
gates from bond-holding countrlaa.
Tha bonda rapraaant tinrmany'i to
tal raparallona dukt, and limy or their
valua will ba apportioned by the oom
mlaalon among alllad and aaaoclated
countrlaa lo who reparations are due.
The aolutlon conliimplulad la to
piirmlt the recipients of Ilia bonda In
do moal of Ilia markatliiK, or to hold
the bonda, aa limy chooaa. In thla
cusn precautious will bn taken
nKuliiHl poanlhln "dumpliiK" by aoma
roiinlry willing to accept loo low a
prlra for them.
It la believed tlm flrat lot market
ed will lotul frimi t .',0,000. 000 lo
ir.on. 000. OHO. There Is no sulhorl
tullva calioiate an fur. though II la
certain tha marketing will l aa aoon
and for aa Kraut an amount aa th
commission thluka poaalbla.
Klnauriara no far have ahown 1 1 1 1 1
Interest In lha laaua. What little
they have aald about them haa been
pessimistic, and wblla they retain
thla attitude and the bond market re
lualna bad. It la unlikely the new
born poat-war baby will be annt out
to earn money for Ita parent a.
William Tllden. atar member of the
American team, frcilicta that the
Japa will ba tha hardeat lo beat.
Spain already la out of life rom
petltlon, having been defeated hy the
Hi Klhh lalea team In tha flrat round.
THINKS CUT WILL
' STIMULATK S ALIOS
Carload nf Auta Hxixiietl liy luteal
Konl Agent Active. Billing la
Oinsldernt lnhiildr.
Newa dlnpatrhea from Detroit, nu
niiiincliiR a redurtloii In Ford rara.
did nut tWI the complete alory, aaya
A. ti. Clark of the Central Oregon
Motor Co.
The ri-diictlona are lurger than an
nounced. The wdii n la down 135. the
coupe .',0, touring and roudali-r Z5,
and tha truck 150.
"Theae reductlona, roiiihlm-d with
the rut In price lust full, puta the
Ford car In the van guard aa lo price
reductlona and. when Inveatment I
conaidered, la by far tha greatest rut
made on any car," aaya Mr. ( lark.
"It waa lha Ford reduction of laat
fall that rauard the rutting of prlcea
by all ma,kara and with the preaent
new level, active buying will no doubt
reault. aa the aeaaon for greatest use
l la at hand."
j The Central Oregon Motor Co., lo
jral agent, expert a carload to arrive
I thla week containing aeduna, road-
atera and touring rara.
Patching Holt.
Rifted coal ashes, aand and wheat
flour, mixed with water, make an ex
cellent mortar for patching holes when
the plnaier la broken. I ae two pant
ashes and aaml in one nf flour.
i i
FRENCH PLAYHOUSE ON BOAT
Actora In Remarkable Thaatre Art
Said to Find Their Occupa
tion 1 Plaaaant On.
Friinee luia a plnyhouan, hnllt on
barge, which travels from Tours to
Htrualioiirg. It I gorgeous affair
pillule.) In white and Oliver and railed
the "bateau theatre," It wandera
along the canals and wherever It stops
the French, who have few entertain
ments, crowd Into tha Fulminant to
see a dramatic representation. It I
agreeable Ufa to move leisurely by
canal and river, to stop where one
plaasns, to play to a rrowded house In
salle, which la always ready, to
five pleasure to whole community
and profit to oneself. The room where
tha performances lake place la spac
ious enough. It holds five hundred
persons, and every one of the faut
eunlls covered In red velvet In this
blue and gold decorated hull Is oc
cupied whenever the floating theatre
casts anchor In nil out-of-the-way town.
Tha a1ora are their own mariners.
There Is much work to be done on
board uny kind of bout, as all who
have ever helel to sal! yacht will
agree. They all lend a hand. They
arrub the decks and they make the
preparations which are constantly
called for. What do they nut dot
They go out shopping and la there
anything so dcjlghlful as to shop al
waya in atrange towns? They pre
pare their play hills and announce
Mielr advent. The mere hualnena of
acting la only an Incident In this va
ried life.
LINKED WITH GLORIOUS PAST
Town of Btalnamanger Within Terrk
lory Once Important Part of tha
Old Roman Empire. '
1'erhnpa It was not without deep aen
tlmeiitul rea-wiiia that former F.mperor
Charles of Austria-Hungry chow the
town of ritelnuiuuiigur to the Hun
garlana, Szomhathcly us a place from
which he hoMH to receive the acclnlm
of his former aubjecta aa their returned
ruler, auya a bulletin from the Wash
ington hi-aihiourtcrs of the Natlonul
(ieographlc society.
It haa iM-en the cherished illcy of
the lliipaburg rulers of AtiMiia-lluti-gary
to rejuvenate the old "Holy
Koman F.uii!r," the Krankl-li and Int
er the Ccrman union whh-h claimed
to lie the heir to the ouer and over
lordshlp iif Itome. The ul'llkatlon of
what was Auitni-lluiignrlan territory
hefor.' the World war. with the old
Itoman empire, wen1 perhapa closer
tlirouvh Mi-lniitnnnger than through
any other town. The present town Is
In the site of the Itomiin Snlirln. whh'h
una the capital of one of the chief
lllslons of I'aiiiioiila the name given
hy the ItoinaiiN to I In- province w hich
coM-red the heart of modern Auvtrlu
llniigury. A "Sand Oow."
The iiiiusiial optical phenomenon nf
a raluhow- produced by the sun ahiu
It.g not on mill-drops, but on particles
of aniul auipemled In the nlr by wind,
waa U'ltneaxcd over a part of the Croat
Halt Lake by aome surveying parties.
The colore were very brilliant, and
there was a secondary bow risible.
The main how was fully double the
width of an ordinary rainbow. Only
a segment of It was seen. The sand
was entitle, consisting of rnlcareous
spherules nf fairly uniform size, rang
ing between the limits of No. g and
Nit. 10 shot, which are polished and
exhibit a pearly luster. It Is pointed
nut that the production of the bow
must have been due to reflection from
tho outer surfaces of the spherules,
and cannot be explained on the rule of
refraction and tntnl reflection, gener
ally applied In the explanation of the
rnlnlaiw.
Selenium a Rare Element.
Selenium la a rare and little-used
element described by the I'nlted
Stntea ecological survey. Ivpartmeiit
of the Interior, as having Its greatest
use In giving a red colar to glnss.
auvh aa that used In railroads for
signal IlL-hta, and In cokirlng ennmet.il
ware nil. It Is also used to overcome
the natural green color nf onllniirr
glnss. Selenium Is peculiar In being
a very xor conductor of electricity In
the dnrk and a fairly good conductor
In the ll.-ht nnd Is used In several
electric devices whose utility depends
on this peculiarity. It has been used
In telephoning nlong n ray of light nnd
In transmitting soiinds and photo
graphs from one plane to nnother over
a wire.
China to Have Large Mint.
One of Hie largest mints in the
world, with a possible dally output of
nlMJ.tKal silver dollars, Is to be erected
at Shanghiil, Ciilnn, at a cost of nhout
fJ.iHHi.taai, under the direction of mi
American expert. When completed, in
nhout two jenrs, It will absorb some
H tons of sIImt n day In ita tnsk or
establishing a stiiiiiliirdlr.ed currency
In China, where the present unit of
value, the Mexican dollar, competes
with as many varieties of coin aa then
ore provinces. The Chinese tnel, now
used or reckoning, Is not a coin nt
all, but n measured slug of silver, the
value of which varies In different purls
of the country Popular Mechanics
Magazine.
Disappointed Hopca.
"Hiram," anld Mrs. Coriitossel,
"our boy Josh has leiirned to piny a
regular tune on Ills new violin."
"That boy won't do nothln' but
waste time. What does he want with
. regular nine J 1 was editcntin' lilin
Cut of n juii orchestra."
BOSTON WOOL
MARKET SLOW
COSTS IN WEST ARE
NOTED
New turner Water I tales Kipex-leit to
Aid I'Mi irir 4VMt (.rowers to (H
llcltcr .Vet irli on Thla
Year'a Offering.
IIOHTON, June 11. Partly due to
the fact that they had already cov
ered to a considerable extent, manu
facturers have ahown no apeclal In
terest In wool Ibis week, beyond the
looking over of sample lines, In or
der to figure on goods for thef uture.
There has been more or less looking
around the market In order to de
termine roslk in goods, probably for
the lightweight season, but otherwise
the market has been quiet.
K'urly In the week there was a fair
movement In territory woola of the
I'tuh and Colorado type and Interest
In these wools has been more or leas
In evidence. For such wools of the
clothing (short) and French comb
lug (medium length) order, the man
ufacturers have continued to pay any
where from 60 to 70 cents clean
baala, or 21 to 2 4 centa, generally in
the grease.
There has been some demand for
medium wools, also, especially three
eighths and quarter-blood combing
wools, which have been bringing
around tiO cents, clean basis, for the
higher and 40 cents for the lower
grade, or generally In the range of
20 to 23 cents, depending upon the
wool.
l-manil for KirHgns.
There has been some further call
for foreign wools, especially for Aus
tralian Merinos, which have been
selling ii about" the same prices
which were obtainable a week ago,
namely. II. clean basis, for strictly
warp 61-70's Ceelong wools and 90
to US cents, clean basis, for Mel
bourne 64's, depending upon how
good they are, the lower prce being
for Just a fairly good wool and the
higher for good combing.
Against the latter prices, fine
staple territory wools of good comb
ing length are quoted at 80 to 83
rents, these being unskirted wools, of
course, while the Australian is skirt
ed and somewhat finer, generally
speaking. There has been some call
for South American cross-breds this
week, mostly of tho lower grades,
such as 3 a or 4's, which have
brought around 22'i cents for good
Argentine wools. Scoured and pull
ed wool have been moderately active,
with prices firm.
Interest Is centering more and
mora In the west, where shearing Is
becoming more general and opera
tions are being more widely scat
tered. Especially la there more ac
tivity In the far west, all the way
from Oregon to Texas.
Internet In Wrst
The clips of i;tah and Nevada are ,t th, momenti on ,ccount of the eoal
now getting fairly well disposed of, g,trike.
either by consignment or aurehaae. B,Ie, , gydney found m,rk.t
Prices have ahown little. If any, there rT flrmf wlth Japan ,nd th,
chajiged urlng the week. In Texas, eonnnent chief operators. In South
something over 1.000.000 pounds. Am,cai Germany and othr Euro
mostly 12-months-old wool, so called. paa cenU), operators have bean
was oisposea oi eariy in me weea ai
about 18 to 19 centa for
me DeSL
French combing fine wools and
rather better than 20 centa for the It , predcte(i that prlcea will ad
beat 12 months good stapled wool. Tance about fre per cent generalr
As high as 21 cents has been paid In at the next coonaI woo, auctions In
Iel Klo for the best 12 months good rndon following the lead of the
stapled clips. (Antwerp colonial sales, which were
In ftah. up to abont 18 cents has up par to per cent al)OTe the ltult
oeen paio lor me oa cups, running
chiefly to fine medium grade, and In
Nevada the better wools have brought
16 cents, or a little better.
We hear of 18 cents being paid In
Oregon for fine and fine medium
stapled clips, principally of the fine
medium order. These wools are fig
ured to cost, laid down at Boston, on
a clean, scoured basis, somewhere
from f0 to 60 eenrs, depending on
how long they are, for woola of the
fine and medium grades.
Water Kate Aid.
Of course, the growers receive
net price, which Is more or less In
proportion to the freight rate, and
those on the west coast are receiving
the benefit this year of lower watea
rates than many can get by rail who
are in the Interior. The latter may
benefit later by reduced rates, as a
result of a petition from the Boston
Wool Trade association's transporta
tion department, which has been sec
onded by the National Wool Growers'
association, although the Interstate
commerce commission has refused to
open -the rate cases on wool and mo-
hair of Its own motion.
In the bright wool sections east oof
the Mississippi river, there Is com
paratively little business being done
as yet, th; farmers and local dealers
refusing as a general thing to accept
the prices which are being offered by
the eastern dealers and mills. Here
and there, however, small lots of fine
clips, running principally to delaines,
are being sold at 30 cents, and med-
lum wools are bringing around 20.
to 21 cents. I
0DGE Brothers
Announce a substantial
reduction in the price
of their cars, effective
June 8th, 1921.
Walther-Williams Company
132 Greenwood Avenue
It looka as If the wool market
abroad have at length atruck their
stride. In all of the primary mar
kets this week prices have been firm
er and tha tendency of prlcea, ao far
aa there Is any tendency discernible.
Is upward.
Adelaiiln Price I'p.
In Adelaide, at the sale there last
week, prices were up 15 per cent
over the previous aale of March 4 for
top making wools, and the English
operators were taking about every-
thing offered, although the mills in
Yorkshire are Dractlcallv all closed
buying freely. In consequence of
whlrh nrli.a hit.
strengthened
a,Knl. frora the low point.
t ondon coionai .aie. The outlook.
in spite of the coal strike. Is conaid
ered good.
MOTOR CAR COMPANY
INCREASING PLANT
SYRACUSE. June 11. The build
ing program designed to improve
manufacturing facilities of tha
Franklin Manufacturing Co.. mak
ers of the Franklin ear, is going on
to completion. This work, which
was started last summer. Includes tha
completion of what will soon be the
largest factory structure In Syracuse.
This building, which will be used for
both manufacturing and warehouse
purposes, is seven stories high and
contains 360,000 square feet of floor
space.
Rapid progress Is being made also
with the interior construction work
o(n a new power house, which is to
furnish heat. light and power for the
entire group of Franklin buildings.
18 In number. This building, the
last word In modern power house con-
struction. contains gigantic overhead
coal bunkers and the latest mechan
ism in the way of automatic stokers.
Both buildings will be entirely
completed by September 1.
Csltlo Isle.
The smallest dependency of Francs)
to the ne d'Hoedle, situated at the
east of Bella Isle. Its population Is
233. They do not speak French, bat
Celtic They are provided with food
at an tnn managed by the women. The