Morning Oregonian. (Portland, Or.) 1861-1937, March 05, 1920, Page 23, Image 23

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    TIIE MORJiTXG OEEGONIAX, FRIDAY, MARCH 5, 1920
GOAT SHEARING
. VALLEY HAS BEGUN
0
Course of Mohair Market This
Year Uncertain.
IMPORTATIONS ARE FACTOR
000 barrels of flour, averaging $10.82 per
barrel for flour delivered Baltimore basis,
and $10 per barrel Pacific roast basis
Bank Clearings.
Bank cIearlng.of the northwestern cities
yesterday were Us follows:
'ClearlnRs. Balances.
Portland . $5,881,217 1.24,794
Seattle 6.S44.71S 1,478.687
Tacoma 86.1,059 123.411
Spokane 2,11i,960 851,337
STOCK LIST
69.60
Turkish Hair Is Already Arriving
in This Country and Can Be
Bought at Moderate Price.
A few small flocks of goats have been
shorn in the valley, but shearing will not
be general for at least two weeks yet. It
Is early for Indications as to the course
of this season's prices and the few signs
appearing are not entirely favorable.
Growers for some time have feared the
effect of the dumping of Turkish mohair
on the American market, and It Is no
satisfaction to them to learn that such
hair Is now arriving In this country and
is being laid down at New York and Bos
ton at 453."0 cents a pound. The position
of the foreign exchange market favors
these imports. Turkey accumulated a vast
quantity of mohair during the war and
much of It has already been shipped to
England. The British government has re
moved all restrictions on the shipment of
mohair from that country t all destina
tions. The latest advices from the cape are
of firm markets, with prices higher than
In this country. Local conditions of this
sort frequently develop In Oregon as well,
and it is no uniirual thing for country
merchants to open the season by paying
prices several cents above the market.
When conditions are right, this sort of
speculation pays, but it remains to be
seen whether mohair will act this season
as it did during the war period. With the
Turkish menace and the abundance of
cheap coarse wools It looks as if the
market would have some difficulty In mak
ing progress upward.
88.501
OK. 00
89.00
49.50
... . 60.00
basis. $2.20
60.00
per
PORTLAND MARK EJT QUOTATIONS
Grain, Flour, Feed. Etc
Merchants' Exchange, noon session.
Oats Bid.
No. 3 white feed $59.00 $59.50
Corn.
No. 3 yellow .' 59.00
Eastern oats and corn, bulk
CitLlM
86-lb. clipped
38-lb. clipped
Corn
No. 3 yellow
WHEAT Government
bushel.
FLOUR Family patents, $13.15; bakers'
hard wheat. $11.75; whole wheat, $12.03;
graham, $11.80; valley. $11.40; straights,
$11 per barreL
MILLFEED Prices f. c b. mill, city
cartage $2 extra. Mill run, car lots oz
mixed cars, $41.50 per ton; rolled barley.
$71; roiled oats, $63.50; ground barley, $71;
sera tcb feed. $80.
CORN Whole, $68: cracked, $68 per ton.
HAY Buying prices, I. o. b. Portland;
Alfalfa. $30.50: cheat. $17 18; clover.
' $25; oats and vetch, $28; valley timothy.
Dairy and Country Produce.
BUTTER Cubes, extras, 63c per pound;
prints, parchment wrappers, box lots, 6jo
per pound; cartoas, t6c; ball boxes, VgQ
more: less than half boxes, lc more; but
terfat. No. 1 64 65c per pound at sta
tions; Portland delivery, ordinary grades,
67c; A grade, 69c
EG US Jobbing prices to retailers: Ore
gon ranch, case count, 39c; 'candled,
43a: selects. 45046c.
CHEESE Tillamook, 1. o. b. Tillamook;
Tripleas, 32c; Young Americas. 33c; long
horns, 33c Coos and Curry, f. o. b.
Myrtle Point: Triplets. Sic; loung Amer
icas, 3214c.
POULTRY Hens, 3135c; springs, 329
3rc: broilers, 40c; ducks. 45c; geese, 20
25c; turkeys, live, 40c; dressed, choice, 50c
VEAL Fancy. per pound.
PORK Fancy, 20c per pound.
ADVAXCES OF 2 TO 6 POINTS IX
ACTIVE ISSUES.
CORN BIDS ARE AGAIN ADVANCED
Sixty Dollars Offered for Bulk Shinment
n IoraI Board.
The coarse grain market was quiet but
firm. Corn bids were advanced another
50 cents at the Merchants' exchange, while
oats were unchanged to 25 cents higher.
Barley was steady at San Francisco,
with sales of Slay at $3.63. At Chicago
Hay barley cwed 2i cents higher (at
$1.45(4.
Terminal receipts, in cars, were re
poried by the Merchants' exchange as
follows:
Portland
Wheat Barley Flour Oats Hay
Thursday 33
Year ago t
SiHHin to date..t494
Year ago 6131
Tacoma
Wednesday .... 50
Year ago 20
Season to date..n43
Year aso 4745
Seattle
Wednesday ....
Year ago.'. 22
Season to date. .44ft
Year ago... . . . 4S17
12
20
1t-.! 3057 410 1434
012 1909 604 2669
10 ... 1
4
72 2143 '151 BfS
31 .. 137 1042
"i 'i 13
2S0 RS6 591 107
65 llftg 510 2258
LARGE FLOUR STOCKS AT HONGKONG
Heavy Imports Due to High Mrs
Silver.
The Hongkong flour situation Is de
scribed in a recent consular report:
There has been a material increase In
the stock on hand, reports showing about
650.000 bags of flour compared with about
300,000 bags a month ago. Arrivals from
Australia and north China have been large
and the offtake has not been as brisK as
anticipated. The immense increase in the
buying power of silver led to considerable
Imports from the United States as well as
from Australia, in both cases to the dis
advantage of north China flour. At the
close of the month American patsnt was
selling at $3.40 and cutoff tt $3.40 per
bag. Australia No. 1 was quoted at $2 80
and No. 2 at $2.62. while i-harm-bai flour
was "quoted at $2.82 per bag. With the
somewhat easior situation in the rice mar
ket the demand for flour has fallen off
considerably.
OREGON APPLES STEADY IN EAST
Loral Market Holds Tts Own With Mod
erate Supplies.
Apples were steady and unchanged lo
. eally with a moderate supply on hand
and a fair demand. Shipments Wednes
day were 11 cars from this state. Roller
sales made on Tuesday were: Yakima
One car WInesapa XF. shipped February
24, $3.15; F. $2.00; C, $2.50; one car Wine
saps XF, stripped February 11, $2.75; one
car Winesaps XF, shipped February 25,
$3, Wenatchee One car shipped February
, Winesaps XF, $3; F, $2.75; C $2.25; 2
cars Winesaps XF, shipped February 20
and 24. $3. Other districts Two cars
XF Winesaps shipped February 19, $2.85.
At the New York auction 2100 boxes of
Oregon Newtowns, extra fancy, were sold
at $2.103.35, fancy at $2.352.75. aver
age $2.70; 740 boxes of Winesaps brought
$2.65rS.10. average $2.93 : 945 boxes, more
er less frosted, sold at $1.62' 2.55. As
average of $2.03.
IXQCIRT FOR HOPS IS MODERATE
Prices on Three-Year Terms Average 40
to 45 Tents.
There Is a moderate demand In the
hop market for three-year contracts and
some Inquiry for contracts covering four
and five years. The terms and arrange
ments vary widely, but the three-year
bids average 40 to 45 cents. Spots are
quoted nominally at 76 cents. It is a
question whether a bid at this price could
be obtained and it Is also doubtful wheth
er such an offer. If. made, would.be ac
cepted. Exports from the United States for the
month of December, 197!), were 2,523,063
pounds, of 4vhioh 1,864,247 pounds were, to
England. For September to December last,
both Inclusive. 12,822.316 pounds were ex
ported, of which 10.419,071 pounds were
to England. "
Fruits and Vegetables.
FRUITS Oranges, $4.007.75: lemons,
$6.75r7.50 per boxi grapefruit, $3.500 7.50
per box; bananas, 10 a 11c per pound; ap
ples. $1.2083 per box; cranberries, $4.00
per box, $12 per barrel.
VEGETABLES Cabbage, 67c per
pound; lettuce. $33.r0 per crate: beets.
$3.50 sack; cucumbers, $2&3 per doz. ;
carrots, $1.75 per sack; celery, $11 pel
crate; horseradish. 15c per pound; garlic,
40c per pound; turnips, $4 per sack; cauii
flower, $1.753.25 per crate; tomatoes,
$4 per box; parsnips. $3.50 per sack; arti
chokes. $1.75r- per dozen; peppers. 35&40c
per pound; spinach, $2.2 per box; rhu
barb. $3.50 per. box: peas, lS'(i20c per
pound, sprouts, 17c per pound; asparagus.
303.ic per pound.
i'OTATOKS Oregon. $4.50?5 per sack:
Yaklmas, $5.506; sweets, 7 10c pound.
ONIONS Oregon, fify'Sc per pound.
Staple Groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cane, granulated,
15.90c per pound; extra C, 15.90c; Golden
C, 15.40c; Yellow D, 16.30c; cube. In bar.
rels, 16.75c
NUTS Walnuts. 8239c; Brazil nuts,
SOc; filberts, 35c; almonds, S5(38c; pea
nuts, 15(fl5Hc; chestnuts, 25c: pecana
32c; hickory nuts, 15 W 16c, cocoanuts, $.
oer dozen.
SALT Halt ground, 100s, $17.75 per ton;
60s, $19.50 per ton; dairy, $26.5028 per
ton; best refined. 60s, $36.50.
RICE Blue Rose, 16c per pound.
BEANS White, 8 lie. pink, 84c: lima,
17c per pound; bayous. 10c Mexican reds,
8c per pound.
COFlfKE Roasted. In drums, 39 0 51c
Provisions.
Local Jobbing quotations:
HAMS All sizes. 34037c: skinned, 279
35c; picnic, 27y2Sc; cottuge roll, SOc
LARD Tierce basis, 2sc; compound, 26
Der bound.
DRY SALT Short, clear backs, 2832c;
plates, 23c
BACON Fancy. 41050c; standard, S3
39c '
Hides and Felts.
HIDES Salt hides. 45 and down, lb.,
30c; green hides, 45 and down, lb., 26c;
salt bides, 45 and up, lb.. 24c; green hides,
45 and up, lb., 20c; salt and green calf to
15 lbs., lb., 70c; salt and green kip, 15 to
30 lbs. 40c; flint dry hides, lb.. 35c;
flint dry calf to 7 lbs., lb., 70c; salt norm
hides, large, each. $8; salt horse hides,
medium, each, $7; salt horse hides,
small, each. $6; colt and glue horse bides
at value.
PELTS Dry fine long wool pelts, lb.,
40c; dry coarse long . wool pelts, lb., 5c;
dry fine short wool pelts, lb., 85c; dry
co&rst short wool pelts, lb., 25c; dry sheep
shearings at value; salt fine long wool
pelts, Februarys, each, $3.504; salt coarss
long wool pelts, Februarys, each, $33.60;
bait sheep, shearlings at value; dry goats.
long hair, per lb., 25c; dry goats, short
hsir, per lb., 20c; salt goats, large, 1-W
3.50: salt goats, medium, eacn,
salt goats, small, each $161.50; shearlings
and kids at value.
Oils.
LINSEED OIL Raw, parrels, $2.08:
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, 1314 16c; tank
wagons. 13ftc; cases, Z40P31C
GASOLINE Iron barrela 25c: tank
wagons, 25c; cases, SoHc
Hops. Wool, Etc
HOPS 1919 crop, 76c per pound; 3-year
contracts, 404uc average. ,
MOHAIR Long staple, 4045c; short
staple, 25 930c.
TALLOW No. 1, 10c; No. . 2, So psr
pound.
CASCARA BARK Per lb.. 1114c
WOOL Eastern Oregon, fine. 4O0Stc
medium. 4550c; coarse, 3537o; valley.
medium, ou&2c; coarse, 3557c
tower Rates for Call Money and
Strength of Foreign Exchange
Responsible for Gains.
NEW YORK. March 4. The vastlv bet
ter tons and increased activity manifested
by the stock market today were popularly
attributed to a lowering of the rate for
can money and the further strength of for
eign exchange.
Demand loans opened at 9 per cent for
mo iirst time in almost two weeks, hold
ing at that rate throughout the session.
Demand bills on London made an over-
night advance of 11 cents to $3.5S or 39
cents above the lowest record of a month
ago.
There were many interesting rumors cur
rent in connection with the, vigorous rise
of the British remittances, these including
a prediction of early heavy exports of
goiu irom London to this country.
Brokers reported an accession of public
interest in the stock market, especially
irom western centers. '
beveral of the high priced Industrials
and specialties rallied with such ease as
to cause Hasty covering of short con
tracts.
Among leathers, text! leu art A mptal,
iuou ana paper snares, overnight advances
extenaea irom 2 to 6 point, while numer
ous affiliated Issues, including tobaccos
uu cuemicais, made gains ox 2 to
points. Sales. 875.000 shares
Bonds were firm to strong in the for
eign division, but liberty Issues eased and
Domestic rails and Industrials were Irregu
lar. Total sales, par valu-?. aggregated
$12,875,000.-. Old United States bonds were
uucnangea on caiL
CLOSING STOCK QUOTATIONS.
Last
High. Low. taie.
80 79 80 V4
43 ti 42Vs 4314
t'i .1.(1
2, COO
win
8.400
4,000
2,200
200
1,1100
2,000
400
700
300
Sales.
Am Beet Sug. goo
Am Can . 6,800
Am Car & Fdy 3.400
Am H & L pfd ljioo
Am Loco 11,'SOO
Am Sm & Rfg 2,200
Am Sugar Rfg 1.S0O
Am Sum Tob.
Am Tei & Tel.
Am Z L & Sm
Anaconda Cod
Atchison
A Ci & W I S S
Baldwin Loco. 68..100
Bait & Ohio.. 4.IHI0
Beth Steel B. 15,::u0
B & s 'opper 2,400
(.'alif Petrol . . 2,600
lanaaian rat
Cent Leather..
Ches & Ohio..
Chi M & St P.
Chi & N W . .
Chi R I Pan 26 400
Chino Copper. 900
Col Fu & Iron 300
Corn Products 12rTiOO
Crucible Steel. 5,800
Cuba Cane Sug 1,500
U S Fd Prods 2,000
Erie 000
Gen Electric. . , 700
Gen Motors . .. 14,300
Gt No pfd 1.400
Gt No Ore ctfs .l.::00
Insplr Copper. 1.5O0
Int M M pfd.. 14.000
Inter Nickel.. 2,900
Inter Paper . . 4.400
K C Southern. 1,000
Kennecott Cop 1,200
Louis & Nash. 100
Mexican Petrol 14.800
Miami Copper 100
Midvale Steel. ' 3.900
Missouri Pac. 2,700
Nevada Coo .. 300
N Y Central, v 1.300
N Y N H & H 10,300
Norf & West.. 100
Northern Pac. 700
Pan-Am Pet.. 2S.200
Pennsylvania.. 8,500
Pitts & W Va. 200
Pittsburg Coal 1,200
Ray Con Cop. 2,(100
Reading 1,400
Rep At & Steel 23,400
Sin & Rfg. 43,000
Southern Pac. 5.500
Southern Ry.. S.tiOO,
Studebaker Co 20,600
Texas Co .... 1 J. 0110
Tobacco Prods 6.000
Union Pacific. 1,900
Untd Retl Strs 10,200
U S Ind Alco. 5.500
U S Steel .... 83.700
do pfd 800
Utah Copper. . 00
Western Union 200
Westing Elect 1.700
Willys-Overind 4,200
National Lead: ::no
Ohio Cits Gas. 1.400
Royal Dutch.. 22,500
9414
l?f
8714
9814
1914
57
82
88
111
tU4
87 14
-M
37
.l-':4
8014
f6
?.8
814
.18
'
SO
83
10S
-3
62
' 1 4 i
18214
24714
77 14
37 -i
53!4
36
!?
2S?4
10314
17714
414
20
1474
7114
833,
. 0414
7874
sSi
42
28
r.
18
7514
90
41 '4
06 "4
2tl4
86
183
64
120
89 V
8
97
111
73U
S
514
2114
7714
44
79
42
131
19
9214
59
123
83
87
1814
5!4
82
S7T4
108
35
- 85
' 35
110
78
65
37 'A
88
-
32
3814
SI 14
196
41
59
14
100
244
,77
37
51.
33
20
74
17
28
103
171
20
94
6214
126
86
08
. 19
67
82
t 88
ni'.r
;'.s
87
26
37
120K
80
55
38
86 '4
37
33
S3
8:1
108
4,'i
6:
14
Ki2
24.,
771
37
S6
21
76
1 i
28
103
176
tier, $2.252.35; 4-tier. $1.902.15; Ore.
gon Spitzenburg, $2.503.25; Oregon New
town pippins, $2.503; Arkansas Black.
$3.25; California, $2g2.23; rhubarb, bay
stock, 10312c per pound. $2.256 2.50 box.
Receipts Flour, 64 quarters; wheat, 800
centals; barley, 3722 centals; oats, 100
centals; beans, 2123 sacks; corn. 23S5
centals; potatoes, 6971 sacks; onions,- 91
sacks; hay. 15 tons; eggs, 100,506 dozen
oranges; 2000 boxes. -
Sharp Advance in Coffee Futures.
NEW YORK, March 4. The market for
coffee futures showed renewed firmness
today, owing to reiterated reports of an
improved spot demand, while there were
also rumors that inquiries from Germany
were being received In the Rio market.
Owing to the interrupted cable service the
rumors were neither denied or confirmed
and there were no official quotations from
the Brazilian markets, but It was reported
that some of the local houses had received
bullish advices ' from Brazil by way of
London. The market opened at an ad
vance of 15 to 19 points, with active
months selling 87 to 42 points net higher
during the early afternoon. This carried
May up to 16.20c, or more than a cent
above the law level of last Saturday, and
attracted enough realizing to cause re
actions for a few minutes, although sell
ing otherwise was held in raeck by the
bullish spot talk and advance In sterling
exchange. May closed at 15.02c, with tn
general list showing a net advance of 14
to 24 points. - Closing bids: March, 14.60c;
May, 15.02c; July. 15.25c: SeDtember.
15.07c; October, 16.06c; December, 15.04c
opot conee, steady. Rio 7s, 1514c; San
ios s, nivi9Zc.
BULGE IN CORN HIE
IS
TOP fiKADE SELLS AT FIFTEEN".
CEXT ADVAXCE.
Cattle and Sheep Are Steady and
Unchanged Only Seven
Loads Received.
. The market was quiet at the North
Portland yards, with only seven loads re
ceived. Hogs continued firm in price and
about 15 cents higher, with top grade
selling at $18.25. Former prices ruled in
toe cattle and sheep divisions, where the
tone of the market was steady.
Receipts were 80 cattle and 235 hogs.
The day's sales were as follows:
Wt Price.l wt. Price.
Icow.... 960 $ 6.00 2 hogs.... 110 $14.00
4 cows. .. 067 8.50(30 lambs.. . 91 17.00
6.7oi25 steers... 1371
4.25 1 hog 630
7.00 1 hog 830
5.001 7 hogs.... 472
7.50135 hogs.... 181
7.501 1 hog....
6.5584 hogs...
u.uuii:: nogs.
the states, districts and counties and
the United! States reclamation service
and was designated to overcome the
objections of the treasury depart
ment to the original measure pre
pared by the executive committee ot
the western states reclamation asso
ciation at its conference held recent
ly in Washington.
State .Engineer Cupper Is a mem
ber of this committee.
DAILY CITY STATISTICS
BLIZZARD AXD GEKMAX" RE
LIEF STREXGTHEX PRICES.
Receipts From XoWOn Expected to
Decline Oats Rise Checked
' by Profit Taking.
45
27
14
71
32
94
78
85
42
27
. 54
17
74
87
30
94
23
83
1S9
61
11S
67
711
05
110
69
85
50
24
77
43
8
101
BONDS.
U S Lib 8s... 95.541 Anglo-Fr 5s...
do 1st 4s ....9O.10IA T & T cv 6s
do 2d 4s 89.80 Atch gen 4s
Eastern Dairy Produce.
NEW YORK, Mar. 4. Butter flrss. un
changed; eggs steady, unchanged; cheese
sieaaier, uncnangea. . .
CHICAGO,. Mar. 4. Bntter higher.
Creamery, 44 64c.
Eggs unsettled. Receipts 14.900 cases.
rirsts, 449144 c; ordinary firsts, 41
soc; at mars., cases inciuaea, 4JW44C
Live poultry lower. Springs, 34c; fowls,
00c
Cereal Exports Are Lighter.
Exports of cereals and flour from the
United States In January-of this and last
year compare as follows:
Barley, bushels..
Corn, bushels...
Oats, bushels....
Rye, bushels. . . . ,
Wheat, bushels.....
Flour, barrels
Jan. .1020. Jan.. 191
.1.264.319 9.13 U4
.2,211.145 1.177.299
.1,756.984 10.144.545
. 91.143 .1.201.973
.8.4S0.O72 9,042,992
842.518 2.702.218
.Metal Market.
NEW YORK. March 4. Copper easier.
spot ana iirst quarter. lsc; second quar
ter. IW,
Iron unchanged.
Antimony. ll.S7c.
Lead quiet. Spot and March. 9 ST 9.37c
Zinc quiet. East St. Louis spot, 8.50 3
0.0 JC
Dried Fruit at New York.
NEW YORK,' March 4. Evaporated ap
ples, irregular; western, lone 15c; state.
IBVI -tC.
Prunes, easy; Calif ornlas, 930c; Ore
gons, 11 21c "
Peaches, quiet -
New York Sugar Market.
new lUKJv, siarcn 4. Raw sugar.
iirm; centrliugai, ll.o4c; line granulat
ed, 14616c. - - ,
Dululh Linseed Market,
DULUTH, March 4. Linseed, $5.00.
Cotton Market.
NEW YORK, March 4. Cotton Spot,
quiet. Middling, 40.ere.
Exports for the past seven months of
this and last season were:
, . . , This Season Last Season
xriTT, uusneis z.ll4.&xs
Corn, bushels 8.080,604
Oats, bushels 26.188,353
Rye, bushels 9.620,743
Wheat, bushels 82.fifi7.278
Flour, barrels 10,748.840
4.609.334
12,541.763
75.642,414
4.503.595
114.628.401
10,340,83$
Eg Buying Prices Reduced.
With lower bids made by eastern egg
buyers the market here weakened again
Offers of 38- cents were sent to the coun
try for today's shipment. On the street,
eggs were offered at 39 cents case count
with few takers. 1
Butter was steady at the recent- de
cline In print prices. Cubes were quoted
at 6$ cents and they were scarce.
. Poultry and dressed meats were steady
and unchanged.
Flonr Booght by Grain Corporation.
The United States grain corporation an.
Bounced yesterday from New York that
it has purchased at various points through
out th United states this week about S40 -
84 Boys and) Girls Make $230 7.64
ABERDEEN, Wash., March 4.
(Special.) The boys and girls of
Grays Harbor county made a good
record as club members last year, ac
cording to figures - furnished by
County Agent. O. T. McWhorter. One
hundred and six of the 342 enrolled
sent in their reports to the Stats
college. Eighty-four of the 106 report
ing were found to have made a profit
on their products. None but those
showing a profit receive achievement
pins. These 84 made a profit on their
work for the year of $2307.64.
Dr. Wheeler Receives Call.
UNIVERSITY' OP OREGON, Eugene,
March 4. (Special.) Dr. R. H.
Wheeler, professor of psychology in
the university, has accepted a posi
tion as professor of psychology at
the summer session of Leland Stan
ford Junior university. He will leave
Eugene immediately after the close of
the spring term here, u
do 1st 4s. ..91.28
do 2d 4 Us-.-89.901
do 3d 4s...92.X4
do 4th 4Vs. . .90.101
Victory 3s ...97.36!
do 4s 91
U S 2s reg...lflfl
do coupon ..100
U S 4s reg 106
do coupon ..106
Pan 3s reg 88
do coupon . .88
D & R G con 4s
NYC deb 6s.
N P 4s
N P 3s
Pac T & T 5s..
38;Pa con 4s....
S P cv 5s ,
So Ry 6s
U P 4s ,
U S Steel 5s. ...
46
28
14
71
32
94
78
42
56
18
75
89
. 41
96
24
182
64
JL'O
69
97
1101
711
86
24
77
441
101
, OS
96
. 76
62
70
54V
85 91
101
84
87
CHICAGO. Mar. 4. Corn enhanced ran
idly In value today owing to a widespread
onzzara and talk of far-reaching credi
relief for Germany. The market closed
nervous, 2 to 3 cents net higher, with
May (1.43 to tl.43 and Julv 11..1SV to
91.06. oats gained c to lc. The out'
come in provisions varied from c de
cline to a rise of S7 cents.
Even before the possible effects of the
nnzzard began to attract the general at
tention of the corn trade prices had an
pwara slant as a result of assumed Uke
hood that receipts from now would he
decreased. Additional impetus to the ud-
ard swing of values came later through
gossip about furnishing help to Germany
on seourity to take agreed precedence of
existing liens on her resources. On the
ouige mat ronowed all deliveries except
May touched Hhe highest figures yet this
Dcanuii.
Oats tended upward with corn, but were
checked by heavy profit-taking.
Provisions rallied In response to chances
w. improvement m export business.
Leading futures ranged as follows:
, CORN.
open. IMgh. Low.
HV v1-4-'1 11-40
1.34 1.37. 1.34
1.31 1.3S 1.30
OATS.
.82 .83 .82
-77 .78
MESS PORK.
3r,.50 35.60 ' 85.35
30.40 35.65 35.30
LARD.
21.30 21.72 21 30
22.27 21.S5
SHORT RIBS.
May.... 18.60 1S7K im
July-- 39:17 19.0S
i ash prices were:
$l."rT"n7' 3 mixed N- 3 yellow,
89a!:- 2 Wh'te" 01 92; No' 3 white'
JOe No.' 2, 1.70S1.71.
Barley 11.4201. 54. 1 s
Timothy seed $12ffl4.
Clover seed $4059
Pork Nominal.
Lard $20.92.
Ribs $1810.
May....
July....
Sept....
May....
July....
May
July....
May....
July....
Close.
SI.43-
1.36
1.32
.83
.1 i
35.47
30.00
21.72
22.27
18.75
19.17
Minneapolis tirain Market.
MINNEAPOLIS, March 4. Barley 1L2"
Pl.43. Flax, 15.05 &5.15. '
Grain at San Francisco. '
SAN FRANCISCO. Mareh A r-i
Wheat, J2.20; oats, red feed, J3.20rai3 25;
barley, feed. $3.403.45: com rur.-
nia yellow. 13.20tffi3.25: white
13.76g3.80; red milo. 3.203.25.
naj Wheat or wheat and oats. 1.1.111 as
per ton; tame oats. 137040: wildoat i-'s
g-32; barley. 128I&132: alfalfa Mi7-
stock hay. J29&32; barley straw. 00
SOc per bale.
1 cow 950
lcow.... 920
1 COW... .1080
1 cow... .1350
4 cows... 957
-1 bull..
4 mid,
3 hogs.
1 hog..
2 hogs.
48 hogs.
1 hog. .
1 hog. .
9 hogs.
Marriage Licenses.
JOHANNESE-BERGFJORD Bjorn Jo
han Johannesen, 37. 487 East Ankeny
street, and Abaa C. Bergfjord, 37, 65 East
Sixth street North.
ANKBLLS-TOW1TZKY Isadore Garfield
Ankelus, 23. 630 First street, and Emma
TowltzKy, tsju second street.
SPADA-CATKRINA Frank Spada. SO,
Hillsdale, Or., and Josephine Caterina, 29,
52.6 East Stephens street.
Vancouver Maniacs Licenses.
i.uui jvj 1 ufi-j p:.n v n; 11 raui l. rucn, 1,
10.50 i Cornelius. Or., and Esther B. Bennett, 18,
.1380
.1055
. 353
. 400
. 320
. 182
. 390
. 480
. 2a0
15 hogs.. .
1 bog.. ..
7 hogs...
5 hogs. . .
7 hogs.. .
1.00( 1 hog 120
1 cow 90
14.75
13.00i
16.00
15.00
14.001
620
183
208
203
330
24
196
335
14.00
14.00
ia.00
16.2
13.00
16.25
15.
16.00
14.00
14.75
18.00
14.25
14.50
6.00
Livestock prices at the Portland stock-
yarns were as zoiiows:
Cattle Prlc.
Best grain, pulp-fed steers. .$10.50 li 11.00
Choice steers lO.OOfa 10.50
Good to choice steers 9.50 a 10.00
Meaium to good steers 8.50i 9
Fair to good steers 7.50G 8.50
Common to fair steers 6.50 "7.50
unoice cows and heifers 8.50 850
Fair to medium cows, heifers... 5.509 6.50
Canners 8.00 5.50
Bulls 5.00" 7.50
Prime light calves 15.00CS17.00
Medium to light calves 10.00'gi 15.50
Heavy calves 7.0(olO.OO
Stockers and feeders ......... 7.00 t 8.00
nogs
Prime mixed 13.5016.2
Medium and mixed 15.00 s 15.50
Rough heavy ll.O0ifrl5.0O
figs lJ.OOjJ14.U0
sneeD
Eastern lambs - 17.00018.00
Light valley Iambs ..- 16.00g'17.00
Heavy valley lambs 14.50tj I0.0O
Feeder lambs 12.O0W15.00
Wethers -14.00W14.50
Yearlings 15. 00 15.50
Ewes 10.00 12.00
Bid; "asked.
Mining Stocks at Boston.
BOSTON, Mar. 4. Closing quotations:
Allouez -33
Ariz, Com 11
Calu & Ariz 61
Calu & Hecla. .345
Centennial
Cop Range .
East Butte . .
Franklin ....
Isle Royalle .
Lake Copper.
Mohawk
14
41
13
4
30
3
62
North Butte 15
Old Dom il
Seattle Feed and Hay.
SEATTLE. March 4. nit d.n..
Feed, mill, 148 per ton: scratch f..H
feeo wheat, J87; all grain chop. J75; o;.ts
?i2; sprouting oats, 174; rolled oats, 172
whole corn, 72; cracked corn, J74; rolled
'-j. io, viippeu oariey, 58.
Hly Eastern Washington .timothy,
i,A-u, f-ntf,t per ion; double com.
piessja, ; airaua. 530: straw. ii7iiia.
Puget Sound. $33. .
Oscsola
Quincy
Suitarior
Sup & Boston.
Shannon
Utah Con
Winona .......
Wolverine ....
46
58
6
4ti
1
8
1
18
Honey, Exchange, Etc
NEW YORK, March 4. Mercantile pa
per, 6 6 6 per cent.
Sterling, 60-day bills, $3.46 ; commer
cial 60-day bills on banks, $3.46 ; com
mercial 60-day bills, $3.48; demand.
$3.50; cables, $3.51. Francs, demand
14.02, .cables 14.00; Belgian francs, demand
13. 02, cables 13.50; guilders, demand 36.
cables 37; lires, demand 18.22, cables 18.70;
marks, demand 1.02, cables 1.03.
Government bonds, irregular: railroad
bonds firm.
Time loans, strong; all dates, 8 per
cent.
Call money, steady; high, 9 per cent:
low. 9 per cent; ruling rate, 9 per cent:
closing bid, 8 per cent, offered at 9 per
cent; last- loan, w per cent.
Bank acceptances, 6 per cent.
Bar silver, $1.31.
Mexican dollars, $1.00. v
.a '
LONDON, March 4. Bar ellver, 84d per
ounce. Money ana discount unchanged.
Swift C Co. Stocks.
Closing prices of Swift & Co. stocks at
Chicago were reported by overbeck
Cooke company of Portland as follows:
Swift & Co 119K.
Liony, McNeill Utjoy.... 23,
oivni iiiieriiaiionai ................. 41
National Leather 14
Southern Crude OH Advances.
HOUSTON. Tex.. March 4. The Gulf
Pipe Line company announced . today it
would pay $2.50 a barrel for coastal crude.
an advance of 25 cents. The advance af
fects all fields in south Texas and south
ern Louisiana. The Texas company and
Humble Pipe Line company .bave met the
advance.
Sbriners to Form Club.
ABERDEEN. Wash.. March 4 ( Sne-
ciaL) Shriners of Grays Harbor will
meet Friday evening at Masonic
temple for the purpose of forming a
Grays Harbor Shriners' club. The
club is regarded by Shriners as an
organization of importance, affording
opportunity for closer affiliation of
the Knights of the Fez in business
and social life and a ready means of
getting together between ceremonials
of various temples of the Mystic
Shrine. " -
DAILY METEOROLOGICAL REPORT.
PORTLAND. Or.. March 4 Maximum
temperature, cn degrees; minimum ttm
perature, 41 degrees. River reading, 8
a. ai., a.o reet: change in last 24 hours,
u.k-iooi rise. Total rainfall (5 P. M. to
5 P. M.) .33-Inch; total rainfall since Sep
tember 1, 1919, 22.39 Inches: normal rain-
lall since September 1, 32.39 inches;, defi
ciency of rainfall since September 1, 1919,
to lncnes. bunrlse. 6:44 A M ' cmnBet
6:01 P. M. ; total sunshine, 3 hours 30 min
utes; possible sunshine. 11 hours 17 min
utes. Moonrise, 6:22 P.-M.; moonset. 6:15
A. M. Barometer (reduced sea level). B
f. m.. iv so incnes. Relative humid tv:
u A. per cent; Iloou, ov per cent
5 P. M., 71 per cent.
! THE WEATHER.
Chicago Livestock Market.
CHICAGO, March 4. Hogs Rmecipts.
30,000; market weak to 15c lower; top,
S15.30; bulk of sales, $14.40i 15.15. Heavy,
$1414.75; medium, $14.60'o) 15.15: light.
114.854?' 15.30: light light. $14.25 Itf 15. 10;
heavy packing sows, smooth, $1313.50;
packing sows, rough, $12.4012.90; pigs,
$13. 20 W14.50.
cattle Receipts. 11,000; market steady.
Beef steers, medium and heavyweight,
choice and prime, $14.2o(t)16; medium and
good, $11.5014.20; common, $9.50 ril.50;
light weight, good and choice, $12,259
15.25; common and medium, $9& 12.25;
butcher cattle, $7013.25; cows, $6.75&
12.25; canners and cutters, $4.50(6.75;
veal calves, $15&16.50; feeder steers, $8.25
011.65; stocker steers, $7 W 10.60.
Sheep Receipts, 11,000; market weak.
Lambs, 84 pounds down, $17.25G20; culls
and common, $14017; ewes, medium,
good and choice, $11014.25; culls and
common, $6010.75.
Omaha Livestock Market.
OMAHA, March ' 4. Hogs Receipts.
1.000: market steady to 25c higher; top.
$14.45; bulk of 'sales, $13.70014.20. Heavy
weight, $13.70014; medium weight, $14 0
14.45; light weight, $13.90 14. 25; light
ight, $13.25014; heavy packing sows.
mooth. $13.2o(i3.70; packing sows,
rouh, $12.75013.25; pigs, $11013.
Cattle Receipts, 3u00; killing classes
mostly 25c higher; feeders strong. Beef
steers, medium 'and heavy weight, choice
and ' prime, $13.75014.75; medium and
good, $11.25013.75; common, $9.50Gf11.25;
ght weight, good and cnolce, 1114;
common and medium, $9012; butcher cat
tle, heifers, $7012; cows, $6.0011.50
canners and cutters, $4.25 0 6.50; veal
calves, light and handy weight, $140
5.4o; leeder steers, sixff ix.oo; siocs-er
teers, $7 01L
Sheep Receipts, 5000; market generally
steady. Lambs, 84 pounds down. $170
9.35; culls and common, sij.00016.00;
yearling wethers, $14.50 17; ewes, me-
ium and choice, Jlo.oO'fl u.io; culls and
common, $u.iw,'!MO..io.
Kansas City Livestock Market.
KANSAS CITY.' March 4. Sheep Re
ceipts 1500. active and strong. Lambs,
6.50019. -5: cuns ana common, ti.w
6.25; yearling wethers, $150 17.50; ewes.
$11013.75; culls and common, $5,25 0
10.75; breeding ewes, $9.50015; feeder
lambs, $14.75018.75.
Seattle Livestock Market.
SEATTLE, March 4. Hogs, receipts 149,
steady. Prime, $15.70016.35; medium to
choice, $14.75l.r75: rough heavies, $13.75
014.35; pigs, $12013.
Cattle Receipts 28. weak. Best steers.
$10.50011: medium to choice, $8.30010
common to good, $709; cows and heifers.
$4.50010; common to good, xo.-'Cdpu; bulls,
$708; culls, $7015. .
Forest Grove. Or.
HOLT-PAGAN Arthur Holt. legal,
Kent Or- and Jean Pagan, legal. New
York.
LOEFFLER-RICE Ed Loeffler, 38.
Portland, and Mrs. Melviua Rice, 45, Port
land. LEPFELL-HALY Rueben Leffell. legal,
Portland, and Estella Haly. legal. Portland.
LEYBOLD-FISHEK John Leybold. 30,
Tacoma. Wash., and V el ma Fisher, -o,
Oukilule Wash.
HOTCHK1SS-SIMMONS D. H. Hotch-
kiss, 44. Portlaud, and Frankie Simmons,
34, Portland.
.tiCKSON-HATNKS Clvde Jackson. Se
attle. Wash., and Ira Haynes, legal. Gas
ton. Or.
ntTK'K-SHORT Fells Duke, legal. Pen
dleton. Or., and Blanch Short, legal. Hills-
boro, Or.
Ridgefield Gets Xew Buildings.
RIDGEFIELD, Wash., March 4.
(Special.) Material is being as
sembled for two more business build
InKs in Ridgefield. One will be the
new home of the Ridgefield State
Bank and the other will house Gree
ley's Ford garage. Both buildings
will be constructed of brick, and will
be modern.
Xew Sawmill Starts Work.
CENTRAL! A. Wash., March 4.
(Special.) Operations were started
this week at the new sawmill con
structed at Mendota by the M. E.
Johnson Lumber company. The new
plant has a capacity of 60,000 feet
every eight hours.
Price of Milk Reduced.
CHEHALJS, Wash., March 4 (Spe
cial.) A cut of 30 cents per cwt. In
he price of milk for the first half of
March is announced at the Chehalis
condenser. The price now has dropped
to $2.75 per hundred as against $3.0d
for the latter half of February.
Advancing Civilization
Community, state and aational development must keep in
the lead of advancing civilization. That city, state or
nation becomes great when its people look beyond the pal
of the present when they do their day'g" work with the
determination that its rewards must accumulate to the
benefit of each succeeding day.
Issuing- bonds is the way municipalities and govcnimenU
anticipate the future and provide funds for developments
and needed improvements. They take time by the fore
lock and bring into being with one stroke what it would
take 10, 20 or 30 years to accomplish on a strictly cash basis.
Back of these bonds are pledged all of the taxable re
tources of the issuing government every house, indus
trial plant and taxable thing. The bond issues create
the improvements and developments advancing civiliza
tion benefits from them and helps pay for them over a
period of years.
LIBERTY AND VICTORY BONDS
If yon most sell your I Iherty er Vlrtorr hoada, sell Is as. If rsa raa ssj saera
Liberty sr Irtory bonds, bur from as.
On March 4. l;o. the elonlng New York mrkt prices wer. as rlvos Mt
Tney are the governing prices tor Liberty and Vif.nrr bcin.U all vr the
world, and the highest. Ws a'v,rtia th-M prl. es d.i!;y In onl .r that too irer
always know tn Now Tjrk market and tli exact vaiu of your Liberty and
Mctorjr bonda:
1" 1st 2d 1st 2d Kd 4th Victor
Hi 4s 4. 4,a 4 s 4 a ,. 4I
Market... $113 S4 $110 20 $ SO 110 $U1.J $MI Ml $1.2 SO li 10 $t7 40 $1.7 0
Interest.. .78 . 1.22 . l.so 2 01 1 m .si j tm
Total $S8.2 $91.09 $I)0.N2 $112.20 101.10 $04.31 $!I1.JS fun 2$ IM
When buying we deduct 37e on a $r.O bond and $2 M on a $1000 bond. W s sell
at the New lork market plus the accrued lnl-rit.
ilursjlar aad Fireproof Safe Drpiw.lt Hole for Heat.
Opea Vntil I P. M. baturdajs
MORRIS BROTHERS, Inc.
The rremler Municipal Bond lions. Capital One Mlllioa Italian,
MOKRIS Kill. DIMi. .100-311 UTAHK bTBKKT. IIKTMKKN TII AND sTri.
Telrphoae Broadway Sl.'.L. i:tMMiiied Over a Quart Oatarr.
. Ki-Poiicc Chief Banqueted.
ABERDEEN, Wash., March 4.
(Special.) iriends of retiring Police
Chief Geergre Dean entertained him
at dinner last night W. J. Patter-
eon presided. The guests. Including
Mayor Roy Sargent, paid the ex
chief hiRrh tribute.
ROAD BILL INTRODUCED
51'XARY MEASURE CARRIES
MILLIONS FOR WEST.
SAN FRANCISCO
PRODUCE
MARKET
&
: L5w,ndl
! Il l f h
ff f ill Wsathar.
If If I I II '
1 j r
11
. . w cloudy
Prices Current on Vegetables, Fresh Fruits,
Etc at Bay City.
SAN FRANCISCO, March 4. Butter-
Extra grade, 6O540; prime firsts, nominal.
Eggs Fresh extras, 40c; firsts, 87'c:
extra puuets, 3oc; undersized. 32c
Cheese Old. steady; California flats,
fancy, 33" c; firsts, liOc; young Americas.
Sloe.
Poultry Hens. . large, S741c: vounr
roosters, 43 45c; old; 22 20c; fryers, 60
ej'oac; broilers, ouac; seese, per lb., 35
6 3Sc; ducks. 286-olc; Belgian bares, 18
20c; lackrabblts. $33.S0 per dozen:
turkeys, dressed, 61?54c; pigeons. ' Der
dozen, $2.5O3.50; squabs, 70 & 75c per lb.
Vegetables Squash. - cream. 75c $1;
Hubbard. 34c per lb.; summer squash.
2.50&3; tomatoes. Mexican. $101.50 per
crate; fancy, repacked, $L752 per SO-lb.
lug: potatoes, Rivers, $5 5.50 per
cental; sweet, 65fco per lb.; Oregon Bur-
banks, $5.25gr.50; Oregon Americam Won
ders, $5.40 5.00; Idaho Gem' $5.50;
onions, white, $5 per cental: Australian
brown. $4.50 per box; cucumbers, hot house
$34.50 per box; English, 3?3.25: garlic.
2225c per lb.; celery. $47 per. crate;
rtlchokes, per dozen, 65cw$l; turnips.
$1.7502; carrots. $1.25; cauliflower, per
ozen, 60ioc; lettuce, southern, $1.50
85: Imperial valley. $282.25: neas. siffl
14c: sprouts, 67c per lb.: asparagus, nat
ural growth, 124 15c; fancy. 17420c;
spinach, per lb., 47c; do, crate, $22.25;
green onions, sz per box.
Fruit uranges, navels, H.liflfe; lemons.
$3.50 5.75: grapefruit, $2.25&3.25; tan
gerines. $.1W4: per half orange box:
bananas, $46: pineapples, ;J.50)6.50
per doz. ; pears, cooking, $11.50 per lug;
winter I-seliBj. -s!B: Oregon, S4; apples
yewtown pippins, 3 ii -tier, $2.352. (.
Baker .
Boise . .
Boston
Calgary
Chicago
IJenver
Des Moines..
Eureka ....
Galvesotn . .
Helena .....
t Juneau
Kansas City.
l.os Angeles.
Marshfield .
Medford ....
MinneaDalis .
New Orleans
New York. .
North Head.
Phoenix
Pocatello
Portland . . .
Roseburg ...
Sacramento .
St. Louis....
Salt Lake...
San Diego...
S. Francisco.
Seattle
'Sitka
Spokane ....
Tacoma
Tatoosh Isld.
tValdez
Walla Walla
Y, ashington.
Winnipeg ..
Yakima ...
NW
B
N
NW
60.
3:
42
au
41
4:
40
46!
301
46
461
40!
26
32
40
40
33
32
MSI
44O.OH
46,0.02
3S!0.00'24!
4:'0.04l. -I
44 '1.00)30
40 0.00 L.I
1S!0.06!12NV,
5410.02 10 X
620. 40!20 NW
20'0.01 . . N
300.00 12,3
2410.34 24I.V
6810. 00. , SW
5610.62 . . SW
56:0.00 . , W
12I0.16;20!NW
64;0. 62)18 NW
44 0.00 341E
480.321S,S
7OjO.O0i..W
3810.02 ..(SW
54 0.3.1ilOSW
Pt. cloudy
Cloudy
fcioudy
NWlSnow
30-0.161. . SW
Pt. cloudy
Clear
'loudy
Clear
Pt. cloudy
talear
rClear
IClear
Cloudy
Clear
(Clear
Clear '
Cloudy
Rain .
Clear
Pt. cloudy
Rain
;Pt. cloudy
600.0014NWKlear
4S0.68I24INW
4210.01 . . SK
64l0.O0lo!.NWi
62 .00!14W
48 0.30i20'S
3610.001. .INE
420.8O(..SW
45 0.16110'SW
46 1.04I10IW
2810.001. J.V
520.14!12W
52iO.00:12SE kJloudy
4!0.0010jNW
32 S8i0.0012iW
Clear
Snow
Clear
rClear
kCloudy
Clear
fcloudy .
Cloudy
itain
Clear
Cloudy
Clear
Cloudy
t A. M. today,
ing day.
P. M. report of preced-
FORBCASTS.
Portland" and vicinitjr Probably rain;
southwesterly winds.
Oregon Probably rain In the northwest
portion, rain or snow in the east portion,
fair in the southwest portion; moderate
southwesterly winds. -
Washingtc Probably rain In the, west
portion, rain or snow In the east portion;
ss4arat ouUWBsieriy winds,
Substitute Act Provides Payments
Direct From Treasury In
Aiding States.
SALEM, Or., March 4. (Special.)
A bill providing for an appropriation
of $250,000,000 for the construction
of roads has been introduced in the
United States congress in lieu of the
DroDOsed measure drafted by the
(fill!)
s
V
. 57 Per Cent
Hydro-Electric
B7 prr cent ot the electric out
put ot Connumem Poiver Com
pany come from ltn hydro
electric plnntH. 74 communl
tien nerved.
The bonds or debenture of
thin company offer mm attract
ive Investment.
General and Refunding: Vm
72S7o baia
Debenture Serial 7
7.77'c banin
Complete illustrated circular
sent on request for OR-2iQ
The National City
v Company
Correspondent Offices in
over 60 Cities.
Portland Yeon Buildins;.
Telephone Main 0072.
:::-::k:k-:-:k-c-::::4k-:k
!:! !:!!.
?5. facts no. .50s .!?.
ii is
XX
.
B:
wtm Stare Reclamation associa- ' VV
tnrfnv t th offices or fercv A. jud- a
per, state engineer. The substitute
bill -was dTawn up by Senator Charles
McNary, and provides that the total
appropriation shall be expended in
amounts of $15,000,000 a year. ,
The money appropriated by this
bill, according: to Senator McNary,
will come direct from the , united
States treasury unless the funds of
that department ehall have been ex
hausted. In this event tne govern
ment is authorized to issue Donas
to make ud the deficit. Under the
original bill drawn by the reclama
tion association it was provided that
the entire 25fl,000,000 should be
raised by bonds.
Provision also is made in me dui
for means of co-operation between '
AUTO SERVICE
W i t'h the comple
tion of the Colum
bia River highway
from Hood River to
Astoria, a distance
of 180 miles, pas
senger and freight
service by aulo
vehiJle every day
in the year will be
assured, A trip
more d e i i g h t f ul
cannot be imagined,
because it will all
be paved with
X WARRENITE BITULITHIC
WARREX BROS.
COMPA V.
.u.
XX
vv
St
'.
XX
H
vv
:-:
E
$30,000
Province of
ALBERTA
Guaranteeing
Alberta 4V2.
University of
Due Jan., 1924
PRICE 90.60
and interest.
To
Yield
BONDS AND INT. PAYABLE IN U. S. FUNDS
Cgnada't Fourth Largest Province.
Larger Than Any State, Texas Excepted
OUR MARCH LIST
OF 57 SECURITIES
SENT ON REQUEST
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Under Supervision Banking Dept. State of Oregon
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SULLIVAN HIDE & WOOL CO.
1M Front St.
Portland -tffni
III
Make Permanent Investments
Now
History repeats itself, tut it takes years to do it and you may
never again have the opportunity of making investments at such high
interest rates as now offered.
, Therefore, it is sound business judgment to get your money out
for as long a time as possible. To get 6Vi and 79e it is not neces
sary to depart from the safe, established kind of securities. You do
not need to speculate in new enterprises.
You can buy from us: ,
Oregon Municipal Bonds paying. .5.23
. . First Mortgage Bonds paying.... 6 ViVo
" Preferred Stocks paying 7
Canadian Provincial Bonds paying. .1
Blyth. Witter. & CO.
' UNITED SEMES GOVEBJtMHTT MUNICIPAL AMD C0RPGKAU0IT BONDS
YEOJtf BUILDING, PORTLAND
TELEPHONE MAIN 3304
San Francisco
New York
Seattle
Los Angeles
About 7
This yield can be obtained on the securities of the
Consumers Power Company, operating in the
most prosperous part of Southern, Michigan. .
L flevereaux R(5mpany
ST Sixth St.
Municipal Bonds
Ground Floor Wells-Farg-o Bids;.
Broadway 1942
Investment
ye own and operate the strategically located salmon,
clam, beef and vegetable cannery, general store, hotel and
transportation business of the old established Superior
Trading Co.
We intend to at once greatly enlarge the entire plant
and build a coasting vessel large enough to handle the
rapidly growing business. Our freight rate is believed to
be highest in United States. We buy our fish for 60 less
than other canneries. Store and hotel have no competition.
Send for and read our circular and you will believe with
us that the investment is absolutely safe and a conserva
tive estimate of profits is hOt, yearly.
Stock selling now at 10c. Fully paid and nnn-aasesKable.
Washington Corporation. Capital $100,000.
Queets Trading Co., Iloquiam, Wash..
Some people cannot afford to speculate, just as they cannot
afford a-steam yacht. Speculation is a luxury. Is it one
that you can afford? Sound bonds yield an attractive
income return and when carefully chosen are entirely safe.
'The House Built Square"
Qirstens & paries, Incorporated
Government, Municipal and Corporation Bond .
Third Floor U. S. Bank BMg, Phone: Broadway 4108