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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 5, 1920)
TTIE MORNING OREGONTAN, THURSDAY, FEBRUARY 5, 1020 K V WHEAT SLUMPS WITH JILL OTHER Gftl'S Eastern Declines Range Up to 20 Cents Bushel. NO COUNTRY TRADING local Dealers Do Not Expect Active Market Cntll After Tax Time. Mills Have Supplies. With other cereals, wheat prices broke sharply in the east yesterday. Minneapo lis wired top grades were down 5 to 1C cents and lower grades 10 to 20 cents This put a stop to anr talk of possible eastern business and likewise put a damper oa coast trading. The coast mills are re ported to be sufficiently stocked for imme diate needs and dealers believe there will be no marked Improvement in business with the country until after tax time. Even if market conditions were favorable. the serious car situation would act as bar against trading. Coarse-grain bids fell off at the Mer chants' Exchange in line with the slumps east, oilers for corn were reduced 11.25, stocked oats were down fl and bulk eripped oats were 2 lower. There were bo bids for barley. At San Francisco barley sold lower, ilaj at 13 44. August at $2.00 and December at 2.90. May barley closed TA cents lowel at Chicago at 11.34 and July closed at J1.S7. Chicago rye closed 5464c lowel at tU9 for May and SI. 55 for July: The local feed market was weak with a iackened inquiry. Ulllrun prices were reduced another 50 cents to the carlot basis of S40.50 a ton. Weather conditions in the middle west as wired from Chicago: "Western and central Illinois, western Missouri, cloudy,1 cool; eastern Kansas cloudy, misting, cool; Ohio valley, sleet and cold; eastern Iowa, clear, fine, cool; Omaha district, cloudy, cool; Minnesota, part cloudy, cool; Canada, part cloudy, cold." Terminal receipts. In cars, were reported by the Merchants' Exchange as follows: Portland Wheat. Barley. i'lour. Oats. Hay Wednesday .... 8 1 20 2 17 x ear ago 13 Season to date.. Mutt l ear ago evbo Taconia Tuesday ....... 7 Tear ago . 9 Season to date.47r0 Year ago ......4062 Seattle Tuesday 14 Year ago 9 Season to date. 4.131 Sear ago 4'MS 10 5 1 10 10 2723 303 1240 852 los2 5S3 23U3 eh iib 'kiii 24 .... 129 V'M 3 1 17 2 ... 11 2V3 504 534 9i 52 90B 490 2122 .POTATO MOVEMENT SHOWS CAIX Cfcaylios; in Local Market Continues Back ward and I'rircs Weak. Potatoes continued weak in the local mar ket without change In price. Supplies were good and the demand slow. Five cars of Oregon potatoes were loaded Tuesday, two for Portland and one each tor Sacramento, Stockton and Kennewick. "wagon In me past week shipped 23 cars. Jfalnst 42 cars in the previous week. Total shipments from all states during the week were 281 cars, against 2457 cars In the previous week. Total carlot shipments irom an states ror the season to data and tie total for last season, as compiled by mo oureau or markets, follows: Total La to Date. Season. 10.350 13.017 7.726 19.026 11.0H3 23.515 771 3.821 720 10.0K9 2.5:10 2.119 ' ?,914 20.H53 24.847 39-lb. clipped 59.50 60.00 Corn No. 3 yellow 58.50 58.50 WHEAT, Government basis. 12.20 per bushel. FLOUR Family patents, $13.15; bakers' hard wheat, $13.75: whole wheat. $12.05; graham, til SO; valley. 111.40; straights, $11 per barret MILLFEED Price f, o. b. mill, city cartage $2 extra. Mill run. ear lots or mixed cars, $43.50 per ton; rolled barley, $73; rolled oats. $66.50; ground barley, $73; scratch feed. $0. CORN Whole, $07; cracked, $69 per ton. HAY Buying prices, f. o. b. Poet land; Alfalfa. 131.50; cheat. $20; clover, 2: oats and vetch, $26; valley timothy, $2 28. Dairy and Country Produce. BUTTER Cubes, lb.! prints, parchment wrappers, box lots. 62c; cartons. 63c; half boxes, o more; less than half boxes, lc more; butterlat, .no. 1, 5960c per pound at stations; Portland delivery, ordinary grades. 62oi A grade, 64c EGGS Jobbing prices to retailers: Ore eon ranch, candled. 48649c: selects, 52 CHEESE Tillamook, f. o. b. Tillamook Triolets. S2c: Youns Americas. 33c; long' horns. 33c Coos and Curry, f. o. b. Myr tle Point: Triplets, Sic; Young America 82 Un POULTRY Hens, X0j:33c; springs, out. ducks. 35040c; geese, 20 25c; turkeys, live, 40c; dressed, choice, 52c. VEAL Fancy, 2BC per pouno. FORK Fancy, 21c per pound. Fruits and Vegetables. FRUITS Oranges. $4S$5.75; lemon; 0.2Jl7.25 per box; grapefruit. $4.t per box; bananas, 10 11c per pound; ap ples. 75C&3 per Dox; cranoerriea, uu..,v nar box. S15 per barrel. pound; lettuce $3.254.UO per crate; beets. $3.50 pel sack; cucumbers, dozen; carrots. $l.A0Ul.iu Per saca; ceiery $hf9 per crate: horseradish, luc per pound; garlic, 40o per pound; turnips $3.50 per sack: cauliflower, $1.753.25 per crate; tomatoes, $3 per box; sprouts, 17 17i.. oer Dound: Darsnips. $3.50 per sacK artichokes, $2 per dosen; peppers, 35c per pound; spinach, $2.,.gp3.u0 per Dox; rnu barb. 20c per pound. X FOiATUtis uregon, ttws.ou Yakima. $4.255.00; sweets, 6W9o pel pound. r Staple Groceries. Local lobbing Quotations: SUGAR Sack basis: Cane granulated. 15.90c per pound; beet, 11.27c; extra O. 15.50c: Golden C. 15.40c; Yellow D,' 15.30c; cube. In barrels, 16.75c NUTS walnuts, tfzomvc; tsrazu nuts, 80c; filberts, 3oc; almonds, BotMoc; pea nuts. 15Sil5!ac: chestnuts, 25c; pecans. , hickory nuts, J90ioc; cocuanuia, per dosen. SALT Half ground, luus. sti per ton; 50s. $18.50 per ton; dairy, $25028 per to a KltJfe Blue itose, 10c per pouua. BEANS White. 84c; pins, &c; Urns, 17c per pound; bayous, 10c; Mexican red, 8c per pound. COFFKU Roasted, la drums, sv 13014. STOCK FULL COMES LOSSES OF FIVE TO SEVENTEEN POINTS ARB RECORDED. Collapse in Foreign Exchange, Money Stringency and Deposit Withdrawals Cause Selling. NEW fORK, Feb. 4. On trarsactions ae-areKatinsr 1.750.000 shares, a total un- ......Ib.i ......... . 1. uk. f l.et KibV.mh.F. extras, uoww , - -- ..,.. ...-i.-.j ... 1 1 1 (J aiiPin inn 1 nc. ' w . s t ti 1 irnrn la ................ 7,79 Colorado ................. 7'76 Idaho Maine 14.395 Michigan ................. 6.244 Minnesota ................ 17,557 Montana ................. 40 Nebraska ................. 1 4j3 Nevada 034 New York 8,000 Oregon 577 Pennsylvania 2.6S1 "Washington 2670 Vlsconsn , 13,600 Sections through shipping. . 17)573 Totals. ...120.4S5 176,53$ FEW SALES IX LOCAL APPLE TRADE New York Wires Markvt Slightly Stronger With Demand Good. There was no change in the local appls situation, and sales were few of any grade Oregon apple shipments Tuesday were only 11 cars. At the New York auction 2130 boxes of Newtowns were sold at J 2. 2 5 S3. 15. mostly $2.2562.60, an average of $2.48; 1610 boxes of various varieties, slightly too badly frozen, brought 90c$2.15, an average ol $1.68. Sales of Oregon and Washington apples to jobbers were reported as follows: Delicious, extra fancy. $3.253.75 and a few at $4; Newtowns, extra fancy, best, $3.268.50, poorer 2.75J3; Staymans, ex tra fancy, $2.7503.25; Winesaps. extra Casey, $303.50; Spitzenberga, best, $30 $.25, ordinary $2.76. New York reported supplies moderate, the demand and move ment good and the market slightly stronger. MOKE CCBB BUTTER IS OFFERED Xgf Steady oa Street With Bettor De mand Stocks Cleaning Lp. The butter market was steady yester day, but cubes were offered more freely than on the two preceding days, with sellers generally asking 58 cents. Prints were unchanged. The country buying price of eggs remained at 40 cents, stocks on the street are cleaning up. Sales were made around 43 cents case count and 48 cents candled. Live poultry was steady. Dressed turkeys sold readily at 62 cents. Farm dressed hogs were weak but no lower. Wheat Shipments Reduced. Wheat shipments for the past and for mer weeks were: Week Week Week enainir ending ending . Jan- SI Jan. 24 Feb 1 "in TT. S. Canada. 2.::.-.2."(ki 4.757,0110 s.r.m'oini Arg-ntlna C.43.tm 0.9.-.!.oio' 47;l'o0 Austral.. W5.000 2,024,000 1. 168' 000 India 120.000 Total 9.630.000 11 .v iuin n,. Shipments for the season to date coni- rrovlslons.. Local Jobbing quotations: HAMS All sizes, o4o37c; skinned. 27 035c; picnic 27 028c; cottage roll. 10s, LiAliU 'l'leroe oasis. June; compound. 23 fee per pound. DRY SALT snort, clear dscks, ZSV320; plates, 23c acoj fancy, ttoovc; stanaaro, sa 039c Hides. Fells and Furs. HIDES Salted, all weights, 22 0 27c: green, 17&2oc; calf, green or salted, 65 kip. 00c; Dulls, sauea, isc; green, 13c, horse hides, small, 13, medium, $4.a0, laree. $6(7; dry hides, 3oc; ury salted. 2uc; dry calf, 65075c; dry salted calf, 60c PELTS Green salted, each, $z3; green salted shearlings, each, 50c4$l; dry pelts, lull wool, per pound, 32c; dry short wool. per pound, 25c; dry shearlings, leach, 2549 50o; salted goats, $13, according to slse, salted goat shearlings, 25c(b$1; dry goats, long hair, per pound, 25c , FURS Good grade, extra large, large and medium sizes: Skunk, black, $3,750 60; short, $2.iogfj; narrow, $205; broad. 5c V $2.25. Fox, red. $10 045; gray, $20 raccoon, S2.iUQeb; mink, dark, S401U ordinary, $2.508; winter muskrat, $10 S.iiO; wolf or coyote, solt, silky, $8020; average, $5013; white weasel or ermine. 60c 0 $3; lynx, ueavy lurred, $15 066; or dinary. flokioOi lynx cat, heavy, $5013, ordinary, $3u9; otter, dark, $11025, or dinary, . $821; marten, pale, brown or dark, $5030; fisher, pale, brown or dark, $12080; bear, black, $1020; brown, $10 14; wildcat, 25c0$2; civet cat, loc0$i; bouse cat, 10060c; ring tails, 25ci0$2; jackrabblty lOioCOc; moleskins, 6030c Hops, Wool, Etc HOPS 1919 crop, 80c psr pound, 3-year contracts, 45c average. MOHAIR Long staple, 400 45c; short staple, 25 0 30c. TALLOW No. 1 10c; No. 2, 8c per pound. CASCARa BARK Now. lie; old. 12o psr pound. WOOL Eastern Oregon, fine, 400 50c; medium, 45&5(c; coarse, 35&37c; valley, medium, fiO052c; coarse, 35 0 37c Oils. LINSEED ' OIL Raw, barrels, $2.06; raw, cases, $2.21; boiled, barrels, $2.08; boiled, drums, $2.11; boiled, cases, $2.23. TURPENTINE Tanks, $2.13; cases, $2.28. COAL OIL Iron barrels, 13tt01Sc; tank wagons, 13ttc; cases, 24 0 31c GASOLINE Iron barrels, 25o; tank wagons, 20c; cases, 35 fee other violent reaction in which various IB' sues recorded extreme losses of 5 to 17 Doints. The movement was more directly trace able to anothe.' portentous collapse in lor eljn exchange Rates on London, conti nental Europe and several remote centers continue to crumble to levels never before known. There were other contrlDutory causes, however, such as a 25 per cent rate for call money, the virtual disappearance of time funds from tne maritet ana iur- ther withdrawal of government deposits to meet maturing obligations. Demand bills on London fell to $3.19 during the mid-session but rallied briskly on rumors that the British government would ban cotton imtiorts. Lacking off! cial confirmation, however, the Quotation soon fell back, the rate at the market's close being: only a fraction above its low. A few investment rails, notably Canadian Picifio, also broke sharply en what bore the marks of foreiirn liquidation. Several of the liberty bonds, both Issues of victory notes and some of the interna tional war Issues fell to lowest quotations ever registered In this market. Sales, par value, aggregated $22, rr.0,000. Old United States bonds were unchanged on call. pare as follows: U. 8. Canada. . Argentina. ...... Australia. India. Total since slme period July 1. -10. Last season , 2i2,():t! noo isn, 4.11 nro . li'tt.527.ooo cn.iino.ooo 62,.-.l!'.llj0 21.82.-i.cio0 120,000 3,461, 00C Total.. 571.2O5.0Q0 268,767.00$ Marketing of Australian Wool Clip. A cablegram from Sydney says that the marketing of next season's Australian wool clip will most likely be arranged, upon the termination of the contract with the British government on June 30, under a scheme whereby brokers will limit offers aecordlng to the requirements of buyers and the position of the world's market. No further pool schemes are contemplated, and sentiment favors the return to pre war conditions as soon as possible. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances. Portland $5.."!.2.2 $1,496,293 Seattle 5,390.74.1 1.1X2.690 Tacom 664.6116 122.810 Spokane 2.301.490 753.208 PORTLAND MARKET QUOTATIONS Grain, Floor, Feed, Etc . Merchants' Exchange, noon session: Fid Oats 'eb. March. tio. 3 white feed $00.00 $60.00 Corn No. 3 yellow 58.00 ss.oo MIMrun 42.50 42.00 Eastern oats and corn, bulk: Oats S6-11). clipped OS. 00 5S.50 SAN VRANCl.vCO PRODUCE MARKE! Prices Current on Vegetables, Fresh Fruits, Etc., at Bay City. SAN FRANCISCO, Feb. 4. Butter, 67 c. Eggs Fresh extras, 47 He; firsts, 45c; extra pullets, 45c;. undersized pullets, 41c. Cheese Old style California flats, fancy, 29!;c; firsts, 29c; young Americas, 37c. Vegetables Eggplant, southern, 7010c per lb.; Florida, 25030c per lb.; bell pep pers, southern, 10&12"jc; Florida. 20025s per lb.; chile, southern, 10015c per lb ; Florida, 2025o per lb.: nlmentoa lai per lb.; squash, cream, 75c0$l; Hubbard, per mck, summer squash, $1.75 02 per crate; tomatoes, southern, $150 0 2.00 a crate; Mexicans, $308.75; Hubbard, lug; potatoes, rivers, $4.50 0 5 per cen tal; sweet, 4H05tec per lb; Oregon Bur banks, $505.25 per lb.; onions, yellow and white, $4 50 per cental; Australln brown $505.25; cucumbers, hot house, $2.75rg4,( box; beans, 100150 per lb.; celery, $6i&7 no per crate; artichokes, per dozen. $liil5i- turnips, per sack, $1.5001.75; beels.l 75 Hi 2; carrots, tl.2utg1.50: cauliflower, $1 t'5 1.75 per doz.; lettuce, southern. 11 .-. $1.50; (Sacramento, 75cSl.50: peas. 770c- sprouts. mjtc per 10.; asparagus, field growth, 50 0 75c per lb.; spinach, per lb 607c; crate, $2.25. ' Fruit OYanges. navels. $4lSi5; lemons $4.5005.50; graperruit, $2.2503.75; bana nas. 709c per lb.; pineapples ISSi.j -.n per doa.; pears, cooking, $lj 1.50 per his Winter Nellis, $2.75 0 3.50; Oregon $4- an pies. Rhode Island Greenings, $1.7502 foi 4-tler snd $1.5O0L6a for 4 Uj - tier- w town pippins, 4-tier, $2.1302.60; aV-tier' $2.50; SpiUenberg, $22.50; Winesap," $3 50 04; Oregon Newtown ploDins sn,. rhubarb, bay stock, $20i5o per box Receipts Flour, 2948 quarters: wheat 7S0O centals; barley, 1409 centals; oats 1633 centals; beans. 1586 sacks; corn 80O centals; potatoes, 4140 sacks; onions' 6')5 sacks; hay. 348 tons: eggs, 48.4S0 doz : hides, 25; livestock, 677. Eastern Dairy Produce NEW YORK, Feb. 4. Butter firm, un changed. Esgs firm; fresh gathered extras firsts 58 0 59c: firsts, 66057c Cheese, weak: slate, whole milk flats held specials, 31032c; state, whole milk twins, held specials, 3Ofe031c. CHICAGO. Feb. 4. Butter, lower. Creamery, 5O0G2c Eggs higher. Receipts, ' 5600 cases; firsts, 54c; ordinary firsts, 44050c; at mark, cases included, 51 0 53c; refrigera tor firsts, 35n 45c. Poultry, alive, lower. Springs, 34c: fowls, 36c. Coffee Futures Close Lower. NEW YORK, Feb. 4. The market for coffee futures showed renewed weakness today owing to the further sharp declines in foreign exchange and a belief that un settled financial- conditions would restrict European buying of coffee in Brazil. There was some trade buying and rallies followed with May closing at 1.1.84c. The general list was finally 40 to 70 points net lower. March. 13.45c: May. J.I.Slc; July, 14.05c; September, I3.90c; December, 13.88c ot coffee, nominal; Rio 7a, 14 Uc; Santos 4s, 24 02;'.c. British Corn Trade Featureless. Corn trade Is featureless, cables Broom hall. However, a small inquiry exists at lower levels. The weather over the coun try is exceptionally mild, which naturally tends to curtail the demand to some ex tent. Storage room Is reported very scarce in many ports of United Kingdom. The decline In exchange rates has temporarily) put business ub America out of the question. Sales. Am Beet Suz. 1400 American Cau. 14.400 Am Cr & Fdry 7.500 Am H & L pfd 6,100 Am Loco 11.2U0 Am Sm & Rfg 4.100 Am Susar Rfg 2.300 Am Sum Tob. 5,000 Am Tel & Tel 3,200 Am S5 L & Sm 1.4110 Anaconda Cop 15,400 Atchison 2.700 A G fc W I S S 7,100 Baldwin Loco. 85,700 Bait Ohio.. 2.700 Beth Steel B. 38,700 B at S Copper. 22o0 Calif Petrol . . 1.60O Canadian Fac. 9.700 Cent Leather. 14.4O0 t'hes & Ohio.. 1.500 Chi M ft St P. 3,200 Chi ft X W .. 1.500 Chi R I & Pas 3,500 Chino Copper. 3,800 Col Fu ft Iron 2.3O0 Corn Products 17,500 Crucible Steel. 25.100 Cuba Cane Sug 17.600 U S Fd Prods. 5,500 Erie 2.400 Gen Electric. 1.700 Gen Motors .. 23.600 Gt N"o pfd . . . 2.9O0 Gt No Ore ctfs 4,600 Illinois Central 300 Inspir Copper. 5.500 Int il M pfd.. 12,400 Inter Nickel.. 11,100 Inter Paper . . 18.400 K C Southern. 600 Kennecott Cop 6.0O0 Louis -ft r.asn. doo Mexican Petrol t3.S00 Miami Copper 1.600 MIdvale Steel. 13.200 Missouri Pac. 2.400 Montana Pow. 400 Nevada Cop .. 900 N Y Central.. 3,100 N YN H ft H 5,800 Norf & West.. 500 Northern Pac. 3,900 Pacific Mail.. 100 Pan-Am Pet.. 36.9O0 Pennsylvania. . 2.700 Pitta ft W va. 1.400 Pittsburg Coal 1.000 Ray Con Cop. 2.900 Reading 7,700 Rep lr ft Steel 71,000 Shat Ariz Cop 200 Sin Oil ft Rfg. 09.800 Southern Pac 20.7OO Southern Ry.. 4.S00 Studebaker Co 68.200 Texas Co .... 12,500 Tobacco Prods 10.500 Union Pacific. 10.300 Untd Rtl Strs. 33,200 U S Ind Alco. 14.700 U S Steel 132,700 do pfd 1.500 Utah Copper.. 2.900 Western Union 200 Westing Elect 7.700 Willys-Overlnd 26.500 National Lead. 1.2O0 Ohio Cits Gas. 13.400 Royal Dutch.. 28.800 BONDS. U S-LIb 3Vis.'..97.10Anglo-Fr 6s ... 95 do 1st 4s 90.981A T ft T ov 6s. 08 do 2d 4s 89.601 Atch gen 4s . . . 78 do 1st 4Via. ..91.18ID & R G con 4s. 62 do 2d 4Hs 89.64iN Y C deb 6s... 91 do 3d 4Us 92.78IN P 4s 75 do 4th 4s...89.8S!N P 3s 5254 Victory 3a ...97.90lPac T & T 5s. ..95 do 4a .... 97.90Pa con 4tii,. '., V S 2s reg lOOttls P ov 5s 100 do coupon . .'100 Vt So Ry 5s ... 1.. '84 TJ S 4s reg....105!u P 4s 824 do coupon ..105U S Steel Ss 96'A Pan 3s reg.. ..'88 do coupon ...88 I "Bid. Mining Stocks, at Boston. BOSTON, Feb. 4. Closing Quotations: Last . High. Low.' Sale. 88 85 85 51 47li 48 134V& 132A 133 113V4 110 110 94 Ms 90 92 65 83 63Vi 131 128 128 87 85 85 99 98 98ft 17 16 16 57 66 57 81 80 81 . 150 152 155 111 106 108 30 30 . 30 92 80 90 24 23 23 39 . 36 36 126 119 119 88 85 86 . 54 52 52 35 35 35 83 82 82 26 25 25 36 35 35 .19 38 38 81 -77 79 210 204 208 46 42 441 63 60 60 12 12 12 164 158 V 158 292 277 84 76 75 75 37 V4 36 37 86 . 8b 80 64 61 52 93 89 89 22 21 21 78 73 74 15 14 14 29 28 29 104 103 104 188 1S0 1S3 22 21 21 47 46 46 24. 23 23 64 64 64 15 15 15 68 67 67 27 25 25 94 94 94 78 76 76 36 36 36 89 81 81 41 41 41 26 25 25 58 57 .57 20 20 20 74 70 72 108 103 104 12 12 12 38 35 36 98 94 95 21 20 20 101 95 96 1X8 178 179 79 73 75 120 119 119 81 . 7.1 75 100 95 97 102 100 100 113 112 112 72 72 72. 86 86 86 52 51 51 27 26 27 79 78 78 45 43 4.1' 103 98. 101 i cowe. . 1 cow , . . 1 calf... 1 calf... 2 calves. 1 bull... 1 bull... 1 bull... 1 bull... 1 bull... 1 bull. .. 1 bull... 14 mixed. 13 mixed. 1.1 mixed. 4 hogs. .. 6 hogs. .. 1 hog. .. 10 hogs. .. 6 hogs... 6 hogs. .. 18 hogs. .. 2 hogs. .. 1 hog. . . 2 hogs. . 2 hogs. .. 4 hogs.,. 2 hogs. .. 1 hog... 73 hogs. .. 10 hogs. .. 10 hogs... 2 hogs. .. 17 hogs. .. g nogs. 820 8.60 1020 7.751 210 13.50 340 10.00 20 10.00 1730 8.00 1280 760 1150 1500 1580 1150 715 614 942 15 hogs. 9 hogs. .. Shogs... 12 hogs... 6 hogs. .. 11 hos. . . 9 hogs. .. 244 16.1.1 191 16.00 250 16.20 227 16.20 193 16.20 208 16.20 261 16.20 8.00 7.00 1 hog 460 14.20 8.00 1 hog 490 14.20 6.26 7 hogs.... 212 16.20 8.00 1 hog 170 16.00 8.00 8 hogs.... 186 16.20 8.151 2 hogs.... 400 14.20 8.00116 hogs.... 194 16.20 9.00 68 hogs 174 16.15 3 hogs.... SIH J4.10 1 hog 390 15.15 1 hog 430 14.15 8 hogs. ... 1.10 15J10 25 hogs.... 13S 14.50 15 hogs.... 107. J4...U 6 hogs.... 12i 15.00 3 hoes 130 15.00 1 hog 340 14.00 65 hogs. ... 212 16.10 3 hogs..., 160 14.00 2 bogs.,.. 210 16.20 7 hogs.... 343 14.10 192 16.10 173 16.00 620 13.00 170 16.15 153 16.15 161 16.15 214 16.15' 6 hogs.. 215 16.15 240 16.15 405 14.15 185 16.00 165 16.00 210 16.00 256 16.00112 hogs 200 16.00 16 hogs.. 152 14.50lll hogs.. 305 14.00153 lambs 510 14.00115 lambs 2.10 16.00 10 lambs 1S 16.001 255 15.75 180 16.00 197 16.20 90 17.00 73 16.00 103 16.75 Livestock prices at the tooal yard follow: Price. ..$11.50012.60 .. 10.50011.50 6.50010.60 8.500 9.50 7.50 0 8.50 9. 50010.60 8.50 0 9.60 7.50 8.50 6.500 7.50 3.50 0 6.50 6.26 0 8.50 15.50017.00 7.00012.50 8.000 9.50 15.75 16.35 10.25 015.75 12.25 015.25 12.75014.75 16.50 017.50 15.00016.50 14.00014.50 12.00015.00 13.00013.50 Allouez 36 INorth Butte Ariz Com 12 I Old Dom .. Calu & Ariz ... 80Osceola Cam & Hecla..370 Quincy Centennial Cop Range . . . East Butte .. Franklin Tsie Rnyalle . . Lake Cop Mohawk 14 V, Superior 43jSup & Boston.. 13iShannon 3l'tah Con . 31 1 Winona 3 I Wolverine .... 60 I Greene Can ... 16 34 48 58 5 4 1 8 1 19 82 Money, Exchange, Etc NEW YORK, Feb. 4. Mercantile paper, unchanged. Sterling, demand, $3.27 ; cables, $3.28. Francs, demand, 15.04; cables, 15.02. Bel gian francs, demand. 14.82; cables, 14.80. Guilders, demand, 37; cables, 37. Lire, demand. 19.10: cables. 19.08. Marks, de mand, 1.00; caoies, 1.02; stearung closed $3.19. Time loans, all dates, 5. Call money, strong; high, 25 per cent; low, 14 per -cent; ruling rate, 14 per cent; closing bid, 24 per cent; offered at 25 per cent; last loan, 25 per -cent. Bar silver, $1.32. Mexican dollars, $1.02. LONDON, Feb. 4. Bar silver, 88 d per ounce. Money, 8 per cent. Discount rates, short bills, 4 per cent; three months' bills, 6 per eent. JILL LINES ARE STEADY ELEVEN LOADS OF STOCK AT NORTH PORTLAND YARDS. Bulk of Hog Sales Are Made at $16.10 to $16.20 Trading Is Fairly Active, There was a fair run of 11 loads of stock at the yards yesterday and a moder ately active market. Prices held steady throughout. The former top of $16.35 was maintained on hogs, but the bulk of sal were at $16.10016.20. Demand for feeder hogs was reported. Cattle and sheep sold within the former range of quotations. Receipts were 46 cattle, i calves, 794 hogs and 72 sheep. The day's sales were as follows: . Wt. Price l Wt. Price. 10 steers. 715$ 7.50 2 hogs.... 375 $14.00 1 steers. w;J b.w.:b nogs. 4 steers. :w v au 18 nogs. 3 steers. 750 8.50! 2 hogs. Ssteers. 1230 11.00110 hogs. . 1 steer.. 980 10.00 9 hogs.. 2 steers. 1 cow. .. 1 cow... 1 cow. .. 1 cow. .. 1 cow. .. 1 cow. . . 3 cows. . 4 cows. . 1 oow . . . 1 cow . . . 1 cow. .. 6 cows. . 2 cows. . 1 cow. . . 1 cow. . . 1 cow. . , 2 cows. . 2 cows. . 4 cows. . 1 cow. . . 1 cow. . , 1 cow . . . 2 cows. . 1 cow. . . 2 cows. . 1 cow... 1 cow. .. 2 cows. . I lcew... 995 11.50 41 hoes. 570 T.O0 4 hogs.. 6.25;16 hogs. . 560 998 940 670 780 1010 945 990 9.001 7.00 5.00! 6.00 8.00 7.00 5.75 8 hogs. 9 noes. 1 hog 460 a nogs. 2 hoss. 1 hog. . 4 nofs. 31 15.75 190 16.00 185 16.00 230 16.00 174 16.10 195 16.20 202 16.20 225 18.20 228 16.20 203 16.20 14.20 1200 IO.50IIK hogs.. 750 1026 905 4 M) 80 850 975 7S5 9.15 860 820 910 870 720 995 1120 860 1040 S70 7.00 9.00 8. 0O 7.50 ! 6.501 8.00 7.00 8.50 7.75 5.00 5.50 5.00 8.25 8.501 7.00 8.50 1 6.001 8.75, 8.00i 6 hogs. 9 hogs. 8 hogs.... 6 ilegs,.., 1 hog 1 bog 1 hoe 17 hogs. 3 hogs. .. , 1 hog 1 hog 3 hogs. . . , 19 hogs. .. , 2 hoKS. . . . 15 hogs. . . , 1 hog 2 hogs.... 10 hogs.... 1 hog 185 16.20 215 1B.20 .140 14.40 267 16.00 266 15.00 176 16.15 196 16.13 163 16.15 132 16.15 260 18.16 210 16.15 280 16.15 312 15.50 206 16.00 450 11.00 440 11.00 133 15.00 196 16.15 4(13 14.15 210 16.15 310.15.15 365 14.15 216 16.15 480 11.15 Cattli Best steers Good to choice steers . Medium to good steers Fair to good steers Common to fair steers Choice cows and heifers Good to choice cows, heifers.. Medium to good cows, heifers. Fair to medium cows, heifers. Canners Bulls Prime light calves ........... Heavy calves Stockers and feeders Hogs Prime mixed Medium and mixed Rough heavies Pigs ' Sheep Eastern Iambs Light valley lambs Heavy valley lambs ......... Feeder lambs Wethers ..................... Yearlings 13.50014. Ewes 10.00012.00 Chicago Livestock Market. CHICAGO. Feb. 4 Hogs Reeelpts 20.- 000; weak to 25c lower. Bulk, $14,750 15; top. $15.40: heavy. $14.40014.90: medium, $14.75015; light, $14.90015.15: light light. $14.50ei5; heavy packing sows, imoth, $13.75014.10; packing sows, rough, $13.50013.75: pigs. $13.75014.50. Cattle Receipts. 8000. slow. Beef steers. medium and heavyweight, choice and prime, $15017; medium and good, $11.25 10: common, s.l3 ra 11.20: liKhtweiahL good and choice, $12.25016; common and medium, $8.75012.25. Butcher cattle, hellers, $6.65013; cows, $6.65011.75; can ners and cutters, $5.5006.85; veal calves, $17018.50; feeder steers $8012; stocket steers, si.-iugpiu.7o. Sheep Receipts. 13.000. strong. Lambs 84 pounds down, $17019.85; culls and common, $14016.75; ewes, medium, good ana cnoice, siu013; culls and common, $6.5009.50. t Omaha Livestock Market. OMAHA, Feb. 4. (United States Bureau of Markets.) Hogs Receipts, 12.000, slow. steady to loo lower. Top. $15; bulk. $14.50 14.90; heavyweight. $14.75014.90: medi um weight, $14.85015; lightweight, $14.60 014.85; light light, $14.50 0 14.60; heavy packing sows, smooth, $14.50014.60; pack- ng sows, rough. $14.25014.60: nigs. $13 Cattle Receipts. 5700. kllllne classes teady, 25c lower; stoakers and feeders steady. Beef steers, medium and ' heavy weight, choice and prime, $14015: medi um and good, $11.25 015; common, $9,250 11.25; lightweight, good and otioice, $120 i4.ou; common ana medium. S8.75&z'12: butcher cattle, heifers, $6.75013.26; cows, $6.50011.50; canners and cutters, $5,250 6.45; veal calves, light and handyweight, $14015; feeder steers, $7.75012.75; stocker steers, $7011.25. Sheep Receipts, 7500; market, 25c to 50c lower. Lambs, 84 pounds down, $17.78 018.75; culls and common, $15017.25; yearling wethers, $14017; ewes, medium and choice, $9.73011.25; oulls and com mon, $5.50 09.73. Kansas City Livestock Market. KANSAS CITY, Mo Feb. 4. (United States Bureau of Markets.) Sheep Re ceipts 2500 ; 25c to 500 lower; lambs, $6.75 019.50; culls and common, $12016.50; yearling wethers. $14.75 0 17.25; ewes. $9.85 012.25; culls and common, $4.5009.75; breeding ewes, $8014.50; feeder lambs, $14.250 17. Seattle Livestock Market. SEATTLB, Feb. 4. Hogs Receipts, 78. Steady, Prime. $16016.50: medium to choice, $15016; rough heavy, $14014.50 pigs, $12012.50. Cattle Receipts, 13o; steady. Best steers, siz.d01.75; medium to choice, $10011.75; common to good. 37.60aiO: cows and heifers, $10.50; common to good. to.uutnvtr.zo; nuns, sfs.zo; calves, $7015. Metai Market. NEW YORK, Feb. 4. Copper unchanged. Iron, firm. No. 1 Northern. $46(847: Na 2 Northern, $45046; No. 2 Southern, $4? 044.99. Antimony, $11.50. Lead quiet. Spot, 8.70c bid; 8.87o asked. March, 8.60c bid; 8.80c asked. Zinc, weak. East St. Louis deliver)-. Spot 8.80c asked. Naval Stores. SAVANNAH. Ga.. Feb. 4. Turpentine firm, $1.97; sales, 96 barrels; receipts, 150 barrels; shipments, 195 barrels; stock, 9703 barrels. Rosin firm; sales, 850 barrels; receipts, 715 barrels: stock, .16,116 barrels. Quote: B. $17.00; T. E, $18.10018.25: F, $18.15018.25; G. $18.35: I, $18.35018.4.-.; K. $19; M, $19.75; N, $20; WG, $20.50; WW, $20.75. New York Sugar Market. NEW YORK, Feb. 4. Raw sugar, steady. Centrifugal, $13.04; fine granulated $19 016. - Dried Fruit at New York. NEW YORK, Feb. 4. Evaporated apples dull. Prunes .firm. Peaches quiet. Cotton Market. NEW YORK), Feb. 4. Spot cetten, quiet. Middling B7.55u. An Unusual Investment Rarely have investors the opportunity of buying a direct general obligation county bond, income tax ex empt, at prices to yield 5.25 . . For full information phone, call or write. We own and offer, subject to prior sale, $200,000 FERRY COUNTY, WASHINGTON 5H Funding Bonds Dated January 1, 1920. Due serially, 1926-1940, Ferry County, Washington, embraces 1,420,800 acres in the Northeast ern part of the state. Dairying;, stock raising, lumbering, manufacturing and diversified farming are carried on extensively, the bonds are tne direct obligation of the county, which is served by the Great Northern and British Columbia railroads. LEGAL INVESTMENT FOR SAVINGS BANKS IN OREGON AND WASHINGTON ELIGIBLE TO SECURE STATE AND CITY FUNDS IN WASHINGTON kW SBBBB A Bonds -Trusts - Acce p t&rc e s upm Mt surplus iooo.soe Sl fi-.fCISCO lumbarwxeMBIdo. Poi-Tlard. Orqor. SesvtH GRAIN-SELLING IS HEAVY PRICES AT CHICAGO HAVE DE CIDED setback'. Island trouble growing Strike on Hawaiian Plantations May Result in Arrests. HONOLULU, T. H., Feb. 4. (By the Associated Press.) Acting Governor Curtis P. Iaukea of the Hawaiian islands issued a statement today in which he asserted that he would re gard it his duty to make arrests if the strike of sugar plantation work ers in the islands is prolonged. Thirty eight Japanese reliKious, business and social organizations were represented in a meeting here today, which organized a "Btrike pup porters' association" to aid Japanese laborers on strike. i j La Grande Legion Elects Officers. LA GRANDE, Or., Feb. 4. (Spe-j cial.) At the regular monthly meet ing of La Grande post ol tne Amer ican Legion Monday evening officers for the year were elected. Fred Kiddie, one of the Oregon delegates to the national convention at Min neapolis, was elected president to succeed J. L. Ingle. Captain Everett May was chosen vice-president; C B. Charbonness, adjutant; cnaries Haraing-, treasurer; David, Stod aard, chaplain, and Lynn Bohnen kamp. historian. The executive com mittee ia composed of Norman Desi let. Dr. J. L. Ingle, Ralph Winters, Dr. Ray Murphy and David Stoddard.' The legion here has 269 members. Expectant Mother Pardoned. OLTMPIA. Wash., Feb. 4. (Spe cial.) Governor Hart has signed an executive parole for a woman inmate of the Walla Walla penitentiary. In order that her expected child may be born' outside of prison wans. xne woman is ornciany aesiBimieu w convict No. 8892. She was sentenced from Pierce county, December 4, 1919, to serve from five to ten years for robbery. The parole is recommended by Warden Henry Drum and the state board of pardons. Read The Oregonian classified ads. Corn loss Exceeds Three Cents as Result of Break in Exchange ' and Higher Money. CHICAGO, Feb. 4. Breaks In foreign exchange, together with tightness In do mestic money rates. led to much liquida tion in tne grain and provisions market today, and bmnght about fthrrp setback In nrioes. Corn closed nervcus. l4c to 3Mo net lower, with Mny $1.32 to $1.32 and July 1.29 to $1.29v4. Oats finished 2o to 2"tV-o down, and provisions oil S5e to $1.70. oats paralleled tne action er corn. Provisions dropped with hogs and grain. At one time porlt showed a break of more than $2 a barrel and lard and ribs $1.50 a hundredweight, the steepest all In some time. Leading futures ranged as follows: CORN. Open. High. Low. Feb 1.4H4 $1.42 $1.88 May..... 1.8314 1.S4 1.3114 July 1.3054 1.31 1.2S-4 OATS. May. 8H4 .81 .TS July 74 .7414 .71 MESS PORK. May. 37.23 37.25 35.40 LARD. May. 21.90 22.15 21.20 July 22.23 22.40 21.80 - SHORT RIBS. May 19.80 19.05 18.30 July 19.95 20.00 18.70 Cash prices were: Corn No. 2 mixed and" No. 3 mixed. not quoted; No. 4 mixed, $1.431.44tt; No. 2 yellow, not quoted; No. 3 yellow. fl.4701.4. Oats No. 2 white, 86 89c white, 85!48e. Rye No. 2, 1.53K01-55M. Barley,' $1.2601.46. , Timothy seed, $10.50314.50. Clover seed, $45 59. Pork, nominal. Lard, $20.50. Ribs, $18. 75019. 25. Close. $1.40 1.32 1.29 54 .79 74 .7254 33.80 21.40 21.92 18.90 19.40 No. a capacity of 800,000 gallons. The estimated cost of this plant is $60,000. DAILY METEOROLOGICAL REPORT, PORTLAND. Or.. Feb. 4 Maximum temperature, 51 degrees: minimum tem- oerature. 38 decrees. River reading. A. M.. 5.5 feet: change in last 24 hourb, 0. .-foot fall. Total rainfall (5 P: M. to 5 P. M.), 'none: total rainfall since Sep- temDer X, 1UJ, il.tw lncnes: normal rain full since ScDtember 1. 26.09 Inches: defi clency of rainfall since Septemher 1. 1919, 4.99 inches. Sunrise. 7:30 A. M. : sunset. 5:21 P. M.; total sunshine. 9 hours 51 min utes; possible sunshine, it hours ul min utes. Moonrise. 6:23 P. M.; moonset, 7:14 A. M. Barometer (reduced sea level), i P. M.. 30.24 Inches. Relative humidity 5 A. M.. 80 per cent; noon, 08 per cent 5 P. M., 60 per cent THE WEATHER. se e wind g 3 & - a o jj 3 g ST c S S ;! J 5 STATIONS. 2 f a Weather. I I : : E S : : : S e : : : ? : : : Grain at San Francisco. SAN FRANCISCO, Feb. 4 Grain Wheat, $2.20; oats, red feed, $3.30i'o3.35; barley, feed. $3.603.65; corn, California yellow, $3.203.30; White Egyptian. $3.70 3.774. . . Hay Wheat or wneat ana oats, (830 ton: tame oats. $28031; wild oats, jff7- hariev. $2427: alfalfa. $2w;tl stock bay, $21 24; barley straw, 50 & 80c per bale. Seattle Feed and Hay. SEATTLE. Feb. 4.' City delivery: Feed Mill. "iO per ton: scratch feed, S4; feed wheat, soy; an-grain i-no,, TO- .ni-nntinir nuts. $76: rolled oats, $74: wholA corn. $74: cracked corn. $76; rolled h.,.v ISO! nllnDed barley. $S5, Hav Eastern Washington timothy mixed, $38 $39 per ton; double compressed, $42; alalia, o; siraw, 941 wjo, u sound, $33. . Minneapolis Grain Market. MINNEAPOLIS, Feb. 4. Barley, $1.2J 1.42. Flax, $4.90$4.95. Dulutb Linseed Market. rTTLTJTH, Feb. 4. Linseed. $4.8004.95, School Contracts Awarded. CENTRALIA, Wash., Feb. 4. (Spe cial.) The Berg-Griggs company of Tacoma Monday was awarded a con tract by the state board of control for construction of a central heat tnr nlant at the state Industrial school for girls at Grand Mound for $7990. The board has also let a con tract to the American Laundry Ma rhinp.rv eotnDanv of Seattle for laun dry machinery for the school, the contract price being ie. Engineer Views Water Plans, SALEM. Or.. Feb. 4. (Special.) The state engineer's office has been asked to examine and approve plans and specifications for a water sys tem at Monmouth. It is proposed to bring the water from Teal creek for distribution through a reservoir witn Baker Boise ....... Boston Calsary .... Chicago .... uenver Des Moines. Eureka Galveston .. Helena TJuneau . Kansas City. Los Angales. Marshfield . Medforu Minneapolis. . New Orleans New lcrk... North Head. Yakima .... Phoenix .... Pocatello .. . 3 Portland . . . Roseburg .. . Sacramento. . ,St. Louis... Salt Luke .. Kan Dieso . . S. Francisco. Seattle Sitka Spokane Tacoma Tatoosh Isld tValdex ... Walla Walla Washington.. Winnipeg ... S0 K8'0.00l. .1 Foggy 2S K4!0.0O..SE Cloudy 2D 28 ().K)!18 MS Cloudy IS 4410.001. . S Clear 24 S0.0.OOI..NE Clear 24 3S 0.00I.. N Cloudy 24 2SI0.0S .. E Cloudy 46 4S0.00 .. NE Cloudy 54 O4i0.0U,10'N Clear 2 40!u.(H(i..N Cloudy 34 MUiO.lAI. . SB Ratn 30 32i0.0 .. NE Cloudy 52 6610.00;. . W Clear 44 4Si().00. . NW Cloudy 211 50:0. (l . . NW Clear 20 24 0.00 .. SE Cloudy '54 6S!0. 00:10 X Clear 25 30IO.rS24 NE Hnow 42 44)0. OOi Cloudy 30 3410. 0(). . SE Cloudv 60 7210. OOI. . N Cloudy 28 4410.001.. W Clear SSI 51:0.001. .IE ICIear 44 4510.00I. . NW Cloudy 44 64:0.00 .. NW Clear 32 320.00.. NW Cloudy 2 4010.001. . SE Clear 52 64 0.00110 NW Clear 48 58,0.001. .JSW Clear 40 44 o.ool. . SW Cloudy 38 44'0.40l. .ISE Rain 34 88 O.OOI. ,SW Cloudy 42 4ti,0.00. .IB Cloudy 44 40 0. 0I114S Cloudy 28 3210.301. .1 Snow 32 !l4lo.OOl.. W Cloudy 32 3211 .54I12IN Sleeting -iql 2410.1)O18'SE Cloudy PRACTICAL POINTS ON STOCK TRADING Presenting methods showing stock trading is a sound business proposition offering or dinary chances for profit. Price $2.!B. Ticker Pub. Co., S3 icw st., N. V. City, . The Proposed Zoning System THE Zoning Ordinance is intended to direct the orderly growth of the city ando stabilize values of property. Do you know how It will affect your particular prop erty? Will it be favorable or tmfavorablee Specializing in Property Management, aa the Strong 6 MacNaughton organ ista , tion does, we can probably assist you in determining those important points. Strong 8 MacNauhton PORTLAND COWBETT BUILDING U0BtG0N tA. M. today, ing day. F, H, report of precod- FORECASTS. Portland and, vicinity Fairj winds most ly southerly. Oregon Fair, ?xcpt along the coast; moderate winds, mostly southerly. Washington Cloudv. unsettled weather, with ruin in the west portion ; increasing pniit hHy winds. Ah, Hah! Mr, Workingman T HAVE caught yon just at the right time and place at yonr work-bench, where you have a good opportunity to look into the future and consider the merits of our in-vest-as-yon-save plan which provides for you and your family in the years when your earning capacity is less ened. I represent ClARK-KENDALLS Exesopt from all DosaJaloa GSTTrasaeat Tasatloa. Regina and Victoria 6 GOLD BONDS Regina Bonds Due: March 1, 1923 Victoria Bonds Due: March , 1928 Denomination: $1000 These are very desirable Canadian Municipal Bonds and offer clients and investors absolute safety with high inter est return. They are payable in GOLD COIN of the United St&tcs PRICE: TO NET 7 LIBERTY and VICTORY BONDS If yon must sell your Liberty or Victory bonds, sell ts us. If ysii raa buy more Liberty r It'lory bonds, boy from us. On Pehruarr 4. 1020. the closing New York markst prlros were ss gives below. They are the gov-rnlng prices for Liberty snd Victory bcmls sil ovmr the world, and the highest. We advertlK those prices dally in order that o may alwayt know the Xw Tork luarkut and in exact vilus ol )uur Lib.n and Victory bonus: 1st 1st Id 1st X'im 4s 4s 4 He Market... 0t).l0 190.08 8 74 191.40 Interest... .4V .56 .e .bti Sd lid 4th 4 4 '4 4s f SB K B2 M l . i.ej ind Victory- HtS 4s 9I 4 W7 "4 Total. .$97.09 $91. M $90,113 $91.90 $110 Ml $94 M $91.2 9S 38 At0 Wlieil buvlnr we deduct :17c on 'l.,0 bund snd tli.,0 on a $lM00 Uind. Ml sell at the New York market, plus the s' -yucd interest. ""'" snd fireproof Sals Deposit llifl.es for Kent. MORRIS BROTHERS, Inc. The Premier M inlripnl Bond Hons. Capital One Million I'dlars, Morris Building, 30U-.1U Ktark Ft., llrtoeen nth sad itih. Telephone Hroadnay i'151. Established over a quarter century. We offer oar unsold participation in $15,000,000 The Sherwin-Williams Company Cumulative Fint Preferred Stock Descriptive circular on request. Price 100 and accrued dividend. Yielding 7 Net CttRTlROfDAtl 6 CO. INC. 08d Birthday Celebrated. CENTRALIA. Wash., Feb. 4. (Spe cial.) At his present home in Seat tle Ronald C. Crawford, a pioneer resident of Lewis county, Monday celebrated his $3d birthday. Mr. Crawford was the first Justice of the peace on Lincoln creek, west of this city, and in his official capacity united many couples in marriage who still reside here. Freeze Cure to He Dlscusst-d. HOOD RIVER. Or., Feb. 4. (Spe- Cial. Accompanied by D.F. Fisher of WenatcJiee, a reprexientatWe of the bureau of plant Industry of the I'nlted Ftntes department of seri culture, Walter 8. Brown, head of the horticultural department of the Ore gon Agricultural college, will be here Friday afternoon to addrena on'hard ists on effects of the December frecne. Mr. Fisher will make observation while here and will later make rec ommendations as to treatment of trout damaned trees. Thw American motor truck Is earn ins a cordial welcome in Bolivia, where it la used to haul ores from mines to railways. 7 I nvestments BONDS Due. Consolidated Gas Co. of New York Con. 7'g... VVa Province of Saskatchewan 4's 1023 Kennecott Copper Co. secured 7's 192f American Tel. & Tel. Co. 6' r.r PhiladelphiaElectric Co. secured 6'a. 1022 Preferred Stocks Pacific Gas & Electric Co. 6 preferred stock... Yiol.l T.OO'o 7.00r 7.12 7.2ri" Zellerbach Paper Co. 7 preferred stock-.. . 1D3S 7.00 7.00 Blyth, Witter & Co. United States Government, Municipal and Corporation Bonds. 402 Yeon Building, Portland, Oregon. Seattle San Francisco New York Los Angeles. Telephone Main 3304. Tnti milr mnr own selection of a eood Municipal Bond drawing from S to 7 per cernt interest, pay 10 down and 10 a month. Tour payments earn the Interest which the Bond does. When one is fully paid lor, you can bay another and anoiner ana an other aa lone; aa you wish. Writs, telephone or es.Il for onr complete descriptive booklet explain ing this Copyrighted Invest-as-Yoo- Save plan. CLARK.KENDALL &C0 GOVERNMENT MUNICIPAL AND COKrORATIOM iciniiuiirdiiiainsiiiiiHiiin'JiHiiiiiiniJiKTiiiici MARWICK, MITCHELL & CO. Accountants and Auditors 1426 NORTHWESTERN BANK BUILDING announce the opening of airOffice in Los Angeles at the IL W. Ilellman Building, Fourth and Spring Streets, under the joint management of Mr. Walter C. Wright, C. P. A., and Mr. Willis IL Brown, C. P. A. New York Boston Philadelphia New Orleans Pittsburgh Detroit Milwaukee Dallas Chicago St. Louis Kansas City Minneapolis Salt Lake City Portland San Francisco Los Angeles Montreal Toronto Winnipeg Moose Jaw Calgary Vancouver London Paris 9 Arthur Berridge & Company ' Certified Public Accountants and Auditors Income Tax Specialists and Advisers 619 Worcester Block ' Mn 8621 DO yon know that much of your Income Tax trouble comes from poor Accounting Systems and Records T Let us prepare your Tax Reports and revise your Business System. CONSULTATION FREE LissaisTOPT f iartAui.i.ariiJt: J J naisa I r