PrtKfi 8. s ItKNl) HUMiKThV, I1KN1), OUK., WKDXKHDAY, JULY m, 10M. I ' DUN'S TRADE REVIEW SHOWS SITUATION SOUND IN NORTHWEST Increased Acreage, Bigger Crops, Better Jobbing Business, Larger Lumber Shipments, Increased Salmon Pack and Greater Banking Business Indicate Substantial Prosperity and Promise of Oregon, Washington and Idaho. how tho IuHowIiir Total rcHoiircnn ly Tho llulU'tlii liullcuttm nn itxcou tu 1012, llfiOjao.OfiO Gli in 10i:i, tlonnlly Rood crop outlook in thlHiioN $1(14. OOlt.353 10, Inerunio, $7,348.- tlon of Ct'iitrnl OroKon With tlio ox- ua or. Totni uoiioBiiH in una $134, 71)9,013.70; 111 1013. JUS.SOS 1IUU, ci'iillon of full Krnln, all croiw In tho rowuii initio country nro nimvo thu nvoruKC Tho ncrviiKo (or Krnln, no tutooH mul KniKKPH lit nhout tho hiiuio iih hiHt yonr. hut yield nro expoi'tinl to ho hotter. Prnctk'iitly tho tunuio.lH truu of tho territory to tho went anil northwuHt. In tho Tuninlo IrrlKutlmi In tholr semiannual rtevlow of business conditions In tho 1'nclflc Northwest, H. O. Dun & Co. prcsunt an authorltatlvo statement of tho present and tho outlook for tho tu tu ro for this territory which Is ex tremely satisfactory and promising, Extracts from tho report follow: "A ocrusal of tho reports from the Individual districts and from tho mer cantile houses Impresses clearly tho characteristic features of tho eco nomic situation In tho Pacific North west. "Tho county reports, with few ex ceptions, Indtcato an increased acre ago In cultivation and tho prospect of n larger average yield per acre. No general damage has been suffered by any of tho cereals, although "fcovornl areas were Injured by unseasonnhlo draught and high winds In tho early spring. Tho first cutting of alfalfa and clover was generally a loss owing to Into rain. Fruit, with tho excep tion of tho early cherries and berries. Is conceded to have favorable pros- pec U. "Of several hundred reports re ceived from Jobbers, manufacturers and leading wholcsalo and retail houses, 80 per cent show an incrcaso in volume of buslnes.s 17 per cent show a decrease and 3 per cent no change. Of the same reports 40 per cent Bhow collections Improved, 33 per cent show no change and 27 per cent show collections worse. Of bouses reporting, 33 per cent claim prospects better for nn increase of trade In tho ensuing months of the year, 42 per cent regard prospects as equal to thoso of 1912 and 25 per cent regard prospects as worse than in tho corresponding period of tho previous year. clonring of now land on old farms, and still moro perhaps to tho stimu lus of tho largo crop of. 1912. A small amount of tho Increase Is ow ing to tho diversion of norvago from fodder and fruit crops. "Tho fall rains of 1912 followed by a favorable winter made possible a heavy crop of fall-sown wheat, and while dry and cold weather In tho earl)" spring caused some damage, at this dato n yield fully equal to (if not greater than) tho largo crop of 1912, Ib expected. I.Uvwtock "Settlement has encroached upon tho open rnngo and the volume of stock raising as a specific Industry has generally decreased. On tho other hand, tho development of diversified farming and dairying has Increased tho totnl of horses, sheep, hogs and cnttlo on tho farms and tho supply Is rapidly attaining an export basis. "Too tallowing tabulation of re ceipts Is supplied by the Portland union stock Yards Co.: Jan. 1 to Juno 30 1912 Cattlo 40,321 Calves 1,324 Hogs 4S.3S0 Sheep 112.5S3 Horses and mules . 1,207 Wool mul .Mohair. "Tho winter was favorable and losses in tho large flocks was slight. No diminution Is reported In tho amount of the total clip and tho qual ity is fully up to average. Trices have ruled considerably lower and tho fu turo of wool-growing, ns a separata Industry, is regarded us giving place to tho raising of sheop for mutton. Lumber. "Some slackening In domand Is noticeable In tho lumber Industry, 007.70; liicronnoi $1,040,50 1. Loans and discounts In 1012, N0, 30 1. 001. S7; In 1013. 188,318,491.50; lucronpo, $7,013,400.72. Henttle KlKurvi, Mtl'l.A ltM, .1. ....... 11. ... it t n .. comimrVl with tho Bam. iiorl 0.1 of ' !'J?. "' l0 t"tl' "''out U ID 1 J Siow in. liunruM mnnrhi La! .1 lnv- To lho UtliwtliH- III tho homo- tho nnUclnntc 1 largo" cVE Wu. ' " vlV Tlio eiVlUVtol ovo Mli 10 m I S Sound 1? i "roKo Is very largoly Increased over tt.2 S".1 l,f . TO VM yonr and tho yield Is reported n . .in i. .u...ii ... f....;..u7. "'"from 2o to 40 per cent hotter. vix n iiu vriiiiii ij tit iniuiuiMUi 1913 40,521 1,940 9S.3S5 134,488 1,035 "Tho bank clenrlngs show nn in crcaso of $31,975,132 for tho half year, and Ihoro Is also a substantial Incrcaso In postolllco receipts and budding permits. "Koports received from manufac turers, Johhore and principal retail ors in Seattle show that out of 45 lines of trade, 4 2 show an Increase and 3 show docreaso. Crook County. "From Horn! Qrnln ncrenga In creased 25 por cent: fruit 6 nor cent: other crops 25 por cent. Crops nro In excellent condition on account of thu rains and n largo yield Is assured. Business Is 25 per cent nbovo 1912. "From Madras Crop acroago de creased 10 per, cent; ylohl per aero decreased 40 por cent. Nothing hut grain Is raised, Crops are only In fair condition, lluslncss, huwovor, continues good. "From Mctoltus No chnngo In area cultivated. Less fall grain and moro spring grain, uackward weath HICK SMITH WANTS llllllATi:. Dick Smith sayH ho hasn't got n square deal from the stnto gnmo au thorities, llo bought n llsh llcouan but husn'i I.04U nhlo to catch uuy fish, and now ho tms ho thinks his dollar Mm. ml hj, rohntod. Falllnir this, ho throitois to wrlto Stato llniuu Warden Fin ley to nsceitnlu If l.n can't oxchango tho romtltln fish II ceuso for a gnmo Ucoiiho, lioHovlng that with tho latter ho might nc coutpllsh more. Thrco skilled harbors nro nt In- ncs & Davidson's barber shop to servo you. -Adv. NOTICK FOH l't'llIilt'ATION. Uopartment of the Interior, U, 8. Land Ofllco at Tho Dalles, Oregon, Juno 24th, 1913. Notlca Is hereby given that Pat or and genoral condition of oropsi , , ;, ..., K"". " about 80 nor cent of normal. Pm. rick Mognn, asslgneo of Maurice 1. poets for fall business fair to good on "The shipments of lumber show a ""?""""' ," u," '""V""". 'nurj largo Incroaso In both amount and "". rwoueu. uui no Ban value uuuioral reduction lo production Is re- "The total results In tho taonfJt'J" Industry will probably exceed tho j m"in"nnBrt0, "S?1"1 he "fin 'hfaf amount realized In 1912 as any prolyl rern8rI, ?!". "" 0,r -.i ,in.i 11..1.. 1 nl. cut. and reports from various nuar- win bo fullToffset by the Increased " 'h,at Bomenillta are not pack on I'uget Sound. I running to full capacity owing to "The bufidlng permits for Port-j ""?' f "!.",? TUe; havo land. Soattlo. SK)kano and Taconia', "" "Z. , , wunarawl or tho six months are: im-SlS.-, K?" ,lh ma1r1fc ?,nJ ra,e J""" placed so withdrawn it 796.186.00. 1913 $16,124,515.00 ' '""';" V ,'.""rB " ? ,or w"?o Thl. lin nn lnrrn. rt 5S S?n ' ""u. I mis UBIO. nowovsr, U10 Thn inmi i.nnv- Morinna of ., decline does not appear to be more four large cities for the same period!'11 S.'Viih th m-xcfTf,-. i9VJt748.737 9a7.ar. loi.i I t,on of harvest ojieratlons and conso- .' " T "- I1IIAI1I .mini nt tlin .nnW. .!. imui ro- iinn.i ,nn.i, ..rV timlnr' """" "' "" injuu. w"'cn snoum contract ! and in prospect Is still i-wr, lU0 X0 Ql ,W8 ,are ,naus tenslvd in all three states.' The'proJ-l v,.,, ,. i,. n.n,..i.in i ects are In tho main smaller than lnL.T',e.re ?? be5i a. n.8.lA:)ra.bl.,.n: the years Immediately preceding, and ,n;n"eph'" , J' Th vn, 5h-t ,A,h v the ncndlture are sllchtlv dlmln.l throughout tho Northwest, both by me enlargement or oxisung concerns and the establishment of entirely now account of railroad extension. "From Prlnovlllo Thoro Is 30 nor cent decrcaso In crop ncroage, and tho yield per aero wll decrcaso 15 per com. ran crop in good condition. Keccnt rains Improved conditions. "From Kodmond Ornln acreage Increased 10-por cent to 20 per cont; fruit 10 to 50 per cent; hay and po tatoes 10 to 20 per cont. A throe days rain assures every crop. (Jon oral Incroaso of 10 por cent yield Thoro Is plonty of money for local puriioscs. None for speculation. Some now settlers coming In. Hank deposits are thu largest total yet runched." Othor local Information gathered Cashman, nlgnco of Karl 11. llous ton, of lloml, Oregon, who on Aug' ust 2Cth, 1909, mado desert land en try No. 05198. for BKUNBU. sec tion 7, township 17 south, rnngo 13 oust. Wlllnmutto Meridian, has filed notice of Intention (o mnko final proof, to establish claim to tho land nbovo described, botoro H. C. Hills, U. S. Commissioner, at llond, Ore gon, on tho Cth day of August, 1913,! Claimant nnnica ns witnesses: Albert Harryman, August llnllborg, Hugh II. Harmon and M-uirlco P. Cashmnn, all of llond. Oregon. It. FRANK WOODCOCK, 17-21 ltoglstor. 79S G88 SC5 39 nil inpronan r.1uonl oaslng of tho money mar iT4MU'n4 'ncreaso p: t jB M,)CCtcd construction will bo ,V,':?,-";.,mi o,v ..nilor1"1"" : e railroads, which sho the expenditures are slightly dlniin ished. "The demand for money for alt purposes appears to be strong. Reg ular business does not seem to bo hampered and harvest requirements are reported met without advance u Interest rates, "Large crops of good quality ap pear assured. The process or liqui dation of obligations Is proceeding in a normal course. The leading In dustries are operating In gonoral to full capacity and In many cases ex tending their facilities. In tho ma jority of cases a hopeful view of con ditions and prospects Is entertained. The elements of doubt are mainly external to the territory reviewed. The Ilnlkan war continues to depress the money market. Tho change In the tariff entails a period of readjust ment more or i-hs prolonged. Labor has shown som- signs of restlvenoss both here and elsewhere. The prlcj of bonds has fa en to a point where borrowing for development muv. cease. "There are, honevcr, definite slens that the ebb nas halted. Opening prices for the new harvest are favor able, and various Industries have made arrangements to cope with an overproduction similar to that of th pi evlous year. "Given a mvret that will absorb the surplus products at fairly re mi n eratlve prices and an Improvement n "Eternal and International conditions the expectation of stable bushiest and normal expansion In the Pacific Northwest is amply warranted. Cereals. "There Is a general Increase of acreage devoted to grain crops, part ly owing to new settlers, partly to the plants. Thero Is a prospect that other mills will be brought Into operation 'during tho remainder of tho year. Failure of tho Pacific Northwest. "A comparison of the figures for tho first six months of 1913 with tho corresponding period of the preced ing year shows an Increase of 110 In the number of failures with a de crease of over $100,000 in- aggregate liabilities. 10IS. Number Liabilities Washington 206 $2,802,871 Oregon Ill 1.268,207 Idaho 44 179.000 Total 360 lOKJ. Number Washington ....221 Oregon 222 Idaho 27 $4,250,078 Liabilities $2,225,776 1,747,437 176,220 Total 470 $4,118,432 Portland. "Hank clearings show an incrcaso of 17 per cent. Of reports received from Portland Jobbers, manufactur ers and leading wholesale and retail dealers. 58 per cent claim an In creased volume of business, 28 per cent a decrease and 12 per cent are wimout noticeable change. "With a crop In excess of average fairly assured, and sustained activi ty In Industrial and mercantile lines. a continuance of steady development Is considered a reasonable forecast of the course of business during the coming season. "The statements of Oregon banks June 14, 1912, and Juno 4, 1913, . " BEND VIEW Commands'ii charming view of the city of Bend'and the surrounding country, 15 minutes walk from business center. Price 350.00 to $200. Some a little higher. Liberal terms $5,00 down $1.00 a week. Office oppbsite First National Bank Bldg. Bend, Oregon We've got what you want at the prices you want to pay FURNITURE ALL KINDS ALL STYLES ALL PRICES For Everyone Remember that it will pay to let me figure with you on any purchase, large or small. My expenses are light and I can afford to sell at a close margin. A. L. HUNTER THE FINEST BUTCHE SHOP In Central Oregon. As well equipped and as at tractive os any in Portland. ABSOLUTE CLEANLINESS OUR. GUARANTEE. MonintN cold HToitAdi: vai'iih cooi.ho iiv an ltliKLTItll'.Uil.V MAIIIJ COMPIIKHHKIJ Allt HYKTK.M. (IIAHS IIHPIAY tm'NTKIIH, MUAT ItAIMVAV FOIl QUICK, CI.KA.V IIANtU.INd KVKUVTIIINO TIIK IIKHT, ANl AM IIOUMKU IN Till! HI'MINIUI) Ni:V O'DONNKMj IlllMMNd, AN UP-TO-DATK FIltKUItOOK llltlt'K NTUUCTI'iti:. QUICK, COUUTKOUH, KITICIKNT HKIIVICK. AIAVAYS A VHHY MIU1H HTOCK TO CIIOOHK I'ltO.M. ft TOl ODonnell Bros. Preferred Stock GOODS In Cans, Glass and Cartons At Your Grocers Allen (Sh Lewis DISTRIBUTORS Portland - - Oregon Sugar stock carried for the accommodation of the trade with the United Warehouse Company, Bend. THE FAMILY CRY In oiks frcflbaesa li a fault; In bread It U a virtue. TRY OUR BREAD AND TEST ITS VIRTUE. CAM AT TIIK American Bakery oh Wull Htrect opposite the I'ohI ofllce unci nee full lino of bakery good. HI loaves for 23 cents or 81x Ilreatl tickets for 25 Cents Three stole loaves for 25 cents 8ick of chicken bread 25 reuts HOTEL WRIGHT Corner Greenwood Ave. and Bond Street. The only stone hotel in Bend The newest hotel in Bend The best table in Bend The best and most homelike hotel in Bend. Modern, throughout. American ond European Plan, Special Homeseekers' Rate?. Corner Greenwood Ave. and Uond Street. . Mrs. Nellie Wright, Proprietor, 1 n