Show FLOUR THUST DON T GO j Promoters of Pacific Coast ii 1 I Plan Abandon Scheme It THIS FOR PRESENT AT LEAST1 I Condition of Money Market Is 1 i Given as Reason r t Moneyed Men of New York Not Ablci Just Now to Take Up Hew Propositions I n I I Portland Ore April 19Time promoters of the plan to consolidate the more Important t Impor-tant Paclllc coast flouring mills forming1 r one of the largest of the coast Industrial corporations have abandoned the project t I for the present If anything further iris I done with the I deal It will not be undertaken under-taken for at least ten months and them 4 I scheme may be laid aside for good tl The condition of the money market especially in New York la Riven as thft i i reason for abandoning the flour mill deal I The moneyed men of New York are notable not-able at present to take up a new and outside out-side scheme and have only turned downi I the project for that reason Had It been I presented to them six months earlier It e II Is believed time scheme would have been successful ti The promoters declared they would desire of f de-sire the privilege of renewing the options nt some later date possibly about tho If first of next year but there Is no agreed mcnt whereby this privilege Is to be extended d ex-tended nnd the deal If undertaken ae f some future time will havo to be taken up ns an entirely now scheme T J B WIlcox president of the Portland Flouring Mills company returned from i New York today Ij |