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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 25, 1920)
THE MORXIXG OREGOMAT, THURSDAY, MARCH 25, 1920 23. GOVERNMENT FLOUB BUYING IS LIGHTER Limited Quantity Offered Mills This Week. by WHEAT MARKET IS FIRMER Cetter Outlook for Flour Found In Other Quarters Large Move ment of Australian Wheat. Floor purchased br the grain corpora tion this wk w--re the smallest for many weks past and there were fewer bids re jected than usual. The accepted price was unchanged at $'..? track. Th. lithter offerings by the mills are a reflection of the strength of the wheat market aid Indicate that a better pur chaser than the irovernment can be found now for flour. There was only a moderate volume of business In the wheat market, but pre miums were firm all alone; tiie line. Soft wheat was quoted at 1 17 'i cents. Coarse irrains were quiet. Corn was firm and March and April bids were raised &efrl. but oats were easier with declines ranrine op ta &0 cents. Barley was un changed locally. The San. Francisco bar ley market was steady. May selling $3.30 and December at J2.70. At Chicago May barley closed 1 cent lower at 1.44. j A bid of 17H cents for 1.000.000 Calcutta grain ban buyers July, was made at the exchange, but there were no takera According to a New Tork report, the steamship lines engaged In eastern trades are understood to be making special pro vision to bring 300.000 tons of Australian wheat n liners. The shipments will be m-de during April. May and June. Terminal receipts, In cars, were reported by the Merchants' Exchange as follows: Wheat Bar. Fir. Oats. Hay. Portland. Wednes !1 ... ... Tear ago IS 2 ! . . . 17 Season to date. . .7117 r.r.T.n 413 67ir, y:u Bin in: 12 2 'J6 1 !i Yar ago Taitmii. Tuesday Tear ago. . . . Season to diit Tesriitn 4!l S-nttle. Tuepd ty. Tear ago Season to date. Year aso . . .filKS . 1? .-"32 . r.o29 74 242 211 .-.." 71 1H4.T Takimaa, f 394-50; sweets, 8'tOlOc per pound ONION'S Oregon. S6.6O0T per sack; Australian Drowns, ST per buck. . . Staple Groceries. Loral lobbing quotations: SUGAR Sack basis: Cane granulated. 16c per pound: extra C, 15.60c; Golden C, 15 50c; Tellow D, 15.40c; cube. In barrels, 16.85c: powdered In barrels, 17.45c NUTS Walnuts, 32SSc; Brazil nuts, 80c; filberts, 85c; almonds, 85Q38c; pea nuts, 15015MC; chestnuts, Sic; pecans. 32c: hickory nuts. 15 616c; eocoanuU, 2 per dozen. SALT Half ground. 100c, 117.75 per ton; 50s, lift. 50 per ton: dairy, I26.5O02S per ton: best refined. 50s. I3C.50. RICE Blue Rose, 16c per pound. BEANS White, 8c; pink, 8"4c: lima, ISc per pound: bayous, 10c; Mexican reds, 8c per pound. COFFEE Roasted. In drums, 39951c. Provisions. Local jobbing quotations: HAMS All sizes, 3538c: skinned, 58 38c; picnic. 24 Sj 25c; cottage roll. 30c. LARD Tierce basis, 25e; compound, 20ct per pound. DRY SALT Short, clear backs, 256250 per pound; plates, 23c. BACON Fancy, 43650c; standard. 330 39c per pound. Hides and Pelts. HIDES No. 1 salt hides, under 45 pounds, 27c; No. 1 salt hides, over 45 pounds, 20c: No. 1 Fait bull hides, 18c: partly cured hides, 3c per pound less: green hides. 4c per pound less; No. 2 hides, 1c per pound less: No. 1 trimmed calf sklnj. up to 15 pounds, 55c: No. 1 trimmed kip skins, 15 to 30 pounds. 30c: No. 2 skins, 2e per pound less; dry flint hides, 7 pounds and up. SOc: dry flint bulls. 20c: dry flint calf skins, under 7 pounds. 50c; dry salt hides, 7 pounds and up. 25c: dry salt bulls, 15c; dry salt calf skins, under 7 pound?. 60c. dry cull hides and skins, half price.. Horse Hides Green or salted, large, well taken off hides. $7 S.50: pony and small hides, S3..10a4.25: dry horse hides, H.5u4f3. hides with heads off. 50c less. PEI.TS Dry long wool pelts, per pound. 25c30c: dry medium wool pelts, per pound. 20c425c: dry shearing pelts, each. 2icQ-j0c: salt long wool pelts, each, I2w 3.50; salt medium wool pelts, each. WQ 2.50; salt shearing pelts each, 25c50c. Hops. Wool. Etc. HOPS 191l crop. 82c per pound; 3-year contracts. 40c average. MOHAIR Long btaple. 40c: short sta ple. 25fr30c. TALLOW No. 1, 1012c; No. 2. 8 10c per pound. CASl'ARA BARK Per pound. 10ll'4c; car lots, lli'-i. WOOL Eastern Oregon, fine. 401r50c; medi medium, 45r50c; coarse. 3.Vt3c: valley, medium. 50'orcc: coarse, 3otf57c UitAIN BACi.S Ck riots, llS4c STOCK BRELAK IS SEVERE LEADERS SLUMP 4 TO POIXTS DCKIXG DAY. 40 Fall Accompanies Sharp Advance In Call Money Market Bonds Are Xot Affected. NEW TORK. March 24. The stock mar ket toppled over like an inverted pyra mid In the last half of today's session, after an early period in which several recent speculative favorites ascended to highest quotations In their history. Leaders reacted 4 to over 40 points from top levels of the morning and a con dition approaching demoralization char acterized the feverish active close, with call money at 14 per cent. The break was more severe and far-reaching than any movement since the early part of Febru uary. As the decline gathered greater mo mentum there were rumors that the banks were calling loans at the suggestion of the federal reserve board. General Motors again furnished the pyrotechnics, rising lOie points In the first hour to the new maximum of 410 and declining precipitately to 3t6. closing at that quotation with a net loss of 33ft points. The bond market was not affected by the movements of stocks, liberty Issues, for example, scoring moderate gains for the day. High-grade rails and industrials were only slightly changed. Total sales, par value, aggregated $12..-!50.000. United States bonds unaltered on call. Stock sales aggregated 1.750.000 shares. CLOSING STOCK QUOTATIONS. 10.1 714 141 1077 1 6 - 1122 I ;.14 2.V.0 ! Oils. LINSFED OH. Raw. barrels. J2.06; raw. cases, $2.21: boiled, barrels, 12.08; boiled, drums, $2.11: boiled, eases, 2.23. TERPENTINE Tanks, $2.25: cases. J2.40. COAL OIL Iron barrels. 1417c: ' cases. 25 Il2c. tlASUI.I.Nl!. Iron barrels, 27c: tank wagons, 27c: cases. 37',tc FUEL OIL Hulk. 12.10 per barrel. Am Beet Sug. Am Can ..... Am Car & jrv Am HAL prd Sales. l.tiOO 5.3O0 2.400 l.r.oo Am Loco 10.2iM) Am Sm A RTg Am Sugar Rfg Am Sum Too.. Am Tel Tel. Am Z L s Sm Anaconda Cop Aachiaon A G A W I S S Baldwin Loco.16 2.000 1.500 4..-IO0 800 400 7.500 1.400 1.000 800 Bait & Ohio.. 1.500 Beth steel B .. 46.20O EGGS SOLD FOR EASTERN SHIPMENT With Storage Operations Supplies Are Kept Closely ( leaned I'p. The egg market was steady on the basis ef 34 cents for current receipts. Two cars were shipped to New York and there was also inquiry from Nebraska. The shipments, together with the withdrawals for storage, have materially reduced the surplus on the street. Local jobbing trade was fair and prices were unchanged. There was some outside demand for cube butter as well as the regular local trade. Sellers asked 64 ft 64 U cents for extras. Toultry was In light supply and firm, with hens selling at 3336 cents, accord ing to size. Dressed meats were unchanged. CORN DECLINING IN GREAT BRITAIN. Demand Is Lighter Hint Larger Movement From Argentina Expected. Corn futures closed 2Ud lower at Liver pool yesterday. Referring to the corn de mand. Broomhall cabled: "There is an absence of den.cnd In the nnited kingdom, and in consequence the market is easy. .The movement from the Interior of Argentina Is Improving, owing to the betterment In the railway situation. Loadings are expected to enlarge, for labor conditions can be considered as somewhat Improved. Foreign oats are In poorer de mand. American clipped on spot In Liver pool remain dull and unchanged." KOSEBl KG ISKOCCOI.I CROP MOVING Best Stock Selling at (2.50 in Flat Crates; Sweet Potatoes From Tennessee. Broccoli Is beginning to arrive In small lots from Roseburg. The crop Is reported to be good and the bulk of it, as hereto fore, will be shipped east. On the street No. 1 stock was quoted at $2.50 and No. at 12 In flat crates. Another car of sweet potatoes arrived from Tennessee. They were better than the first lot and were offered at 10 cents. Asparagus was steady at 1920 cents. Corn meal Prices Raised. Following the strength of the eastern corn market, an advance of 15 cents bale In cornmeal price was announced by joDoera Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: I Clearings! Balances Portland J6.254..VI7 ll.46K.ni7 f'attie 7.2S3.440; 2 3l S67 Tacoma SOS.4401 174 710 Spokane I 1.936.3341 675.540 PORTLAND MARKET QUOTATIONS. Grain. Floor. Feed. Etc. Merchants' Exchange, noon session. -Bid- H LIFTED BT SHOUTS COVERING GIVES MARKET CHICAGO UPTURX. AT Prices Stronger In Face of Forth coming Investigations of Spec ulators' Conduct. March. April. ...joy. 00 jOlt.OO B5.T.O t6. 66 r.o Gii.00 May. SOV.50 66.00 . 64.00 63.30 63.23 tJUil . . pn.no . . oy.ou 30.00 uo.ua M.ro 61.00 64.00 per Oats Ko. 3 white feed. Bar'ev Standard feed . H: 3 blue Corn No. 3 yellow. . . . Kwtern grain, Oats 39-pound clipped 54-pound clipped corn No. 3 yellow 66.00 64.7.'. W HtiAX tiovernment basis, 9'2.2Q bushel. FLOUR Family patents. $13. 13; bakers hard wheat. $13.75; whole wheat, $12. 00; rraham. $11.80; valley, 111.40; straights. $11 per barrel. MILLFKKD Prlcea f. o. b. mill, city rartege $1.00 extra. Mill run. car lots of mixed cars. $40 per ion: rolled barley, $72; rolled oats. $64.50; ground barley, $72; crstoh feed. ISO. CORN' Whole, $74; cracked, $76 per ton. HAT Buying prices, f. o. b. Portland: Alfalfa. $:io.0; cheat, SI!': oats and vetch, $26; valUy timothy, $272& Dairy and Country Produce. BUTTER Cubes, extras, 6464Iic per pound; prints, parchment wrappers; box lots. 67c per pound ; cartons, tJ8c; hall boxes. He more; less than half boxes, 1c more; butt erf at. No. 1, 6Str69c per pound at stations; Portland delivery, ordinary grades. 70c; A grade. 72c. f EGGS Jobbing prices to retailers. Ore gon ranch, case count, 34c; candled SO & 36c: selects, S940c. CHEESE Tillamook, f. o. b. Tillamook; Triplets, 32c; Young Americas, $33; long horns. 33c. C6os and Curry, f. o. b. Myrtle Point; Triplets, 31c; Young Amer icas. 321-c. POULTRY Hens, 83036c. springs. 32 85c; broilers, 40c; ducks, 40c; geese, 20Q 25c: turkeys, live, 40c; dressed, choice. 50c. VEAL Fancy. 25c per pound. PORK Fancy, 21c pound. Fruits and Vegetables. FRUITS Oranges, $4.507.75: lemons. $5.606.25 per box: grapefruit, $3.207.50 per box; bananas, 10011c per pound; ap ples. $1.004 per box; cran berries, $4.50 per box. $12 per barrel. VBGKTABL.ES Cabbage, 5?c pound; lettuce, J2.504H3.25 per crate; beets, $3.00 J4 per sack; cucumbers. $2.25tg3.50 dozen; carrots, $1.75 per sack; celery, $9tst10 per crate; horseradish, 15c per pound ; garlic, 40c per pound: turnips, $4 per sack; cauliflower. $1.753.75 per crate; tomatoes, $4.50 per box; parsnips, $3.50 per sack; artichokes, $1.75 per dozen; pep pers, 406&0o per pound; spinach, $1,709 4.20 per box; rhubarb, 32614c pound: peas, 16$ 17c per pound; asparagus, 19 20c per pound. POTA.TOa Oreisons, 15.503 per tack CHICAGO, March 24. Uneasiness on the part of shorts led to upturns in the price of corn today, notwithstanding further ex tensive publicity given to misdoings as cribed to speculators. The market closed nervous, c to 1 "4c net higher, with May $l..".rt&i l.r,fl and July 11. ."1 1.51 H. Oats gainrd fee to o. Provisions showed a I setback or 20c to ...tc. Fre selling asrribed to packers had a weakening influence on provisions. The ! effect of upturns in prain was counterbal anced by lower hog values. The Chicago market letter received yes terday by Overbcck & Cooke company of Portland said: "Corn again demonstrated Its sensitive ness to pit conditions rather than news developments. The rally after midday was based entirely on short covering. Receipts were estimated at 125 cars and the cash market Btarted weak, but steadied toward the close. Liverpool quoted corn futures at 2VaC lower, with Argentina offering spot at 5 to 6 cents decline. Exporters again canceled purchases to take about 168,000 bushels for the day. Advices from numer ous sections reported a slight improvement In the situation. A report that Germany had made application for a loan In Rotter dam to be used for the purchase of Amer lean corn was given little notice. A feel ing of indecision seems to be In the trade at the moment, which accounts for the Irregular fluctuations, but we believe that there will be enough hedging In the July delivery to prevent material advances. "Oats maintained independent strength, stimulated by firmness In the spot market and reports that downstate was ot'erbld ding Chicago. Some complaints of late seeding are heard on account of bad weather condition. This market will prob ably follow corn more or less, with the present price of cash premiums a restrain ing influence on prices." Leading futures ra n ired as follows; CORN'. High. Jl.57-4 l.sTj, OATS. .R7H .80', MESS PORK. .36.00 3S.00 37.75 3S.O0 37.85 LARD. .:i.7S 21 .73 11.40 .2.60 22.10 22.2U SHORT RIBS. .in.r: i.32 men .19.90 18.90 IS. Si Cash orices were: Wheat No. 3 hard, J2.5 Corn N"o. 2 mixed, fl.63: No. S yellow. $1.61 H 1.62. Oats No. 2 white, 93gii; No. 3 white. Kye No. 2. si.is. Barley 11.50 l.fi.1. Timothy sed $10'ffl2.50. Clover seed $4j59. B & a Copper. u)0 Calif Petrol . .. 9U0 Canadian Pac. 300 Cent Leather. 6,:ioO Ches A Ohio.. S"0 ( hi M St P. 2.100 Chi ; N W ... 200 Chi R I & Pac 6,r.o0 Chino Copper. 500 Col Pi! Iron. . 1.2"0 Corn Products. 10.KO0 Crui-ibie Steel. 31.2KO Cuba Cane Bug 3.0OO IT s Fd Prods. 0"O Erie 1.600 Gen Klectric. SOO lien Motors . .. 4.".O0 (U No ptd 1.2O0 Ct No Ore ctfs 2.000 'llnoiF Central 400 Inspir Copper. S.'-'OO Int M M pfd.. 4.800 Inter NMckel .. 2,200 Inter Paper . . 13.:'."0 Kennecott Cop 2.200 Louis & Nash Mexican Petrol 54.600 Miami Copper. ."O0 Midvale Steel. 1,600 Missouri Pac. 4.000 Montana Pow. 200 Nevada Cop . . 600 N T Central . . 1.600 N T N 11 & II 8.2O0 Northern Pac. l.woo Pac Tel A Tel 2oo Pan-Am Pet.. 48,000 Pennsylvania.. 1.200 Pitts & W Va. 9.700 Pittsburg Coal 3.300 Ray Con Cop.. Ml) Readins jit.zou Rep lr A Steel Sfl.UOO Sin Oil & i!g. 18.200 Southern Pac. 24.."00 Southern Ry .. 7..VH) Studebaker Co 01.1OO Texas Co 1S.100 Tobacco Prods 2.400 Union Pacific, l.r.00 Untd Retl Strs 10.600 U S Ind Alco.. 16.S00 U S Steel lOl.anO do pfd J" I'tah Copper. . 2.81") Western Tnlon -too Westing Klect 1.00 Willys-Overlnd 10,Ov National Lead. Ohio Cits (las. 2. iOO Royal Dutch.. 18,100 Hid. High. SDH B04 141 V4 1181 106 Va 67 131 "is 104 87 19 63 4 84-, 162 143 1,4 37 99 264 40 ' 123 ' r.s 39 K 38 'i 3r.' 30 94 2.".") 49 14 '4 159 V. 410 82 '4 40i. 91 ns 97 is '4 31 206 " 23 14 48 29 4 67 14H 7B 3.1 i 82 42 OS 43 3174 61 Vi 19 87 '4 111H 44 102 '4 244 lOO'.i 220 7.1 12m 81 H 100 1110 54 113V, 77 81 T4 33 V, 2.1 T, 84 44 s, 100 V, Low SSVi 47 138 111 'i 100 6.1 'i 127 '3 99 Vi 7i 19 61 H S3 '4 15.1V4 130 if. 2BVi 3 8 V 123 V4 85 R6 37 89 36 "4 34 V. S7 91 V4 234 1, 46 04 14 138 366 81 i 40V4 9i '4 .16 Vi 2 21 V4 83 '. 30 Vi 192 'A 23 46V4 28 Vi 67 14V4 74 33 V4 SO 42 92 42-4 2!) 'i 50 19 84 14 103 'nj, 41-. 99 Vi 23 Vi 101 204 OS' 120 76 93 100 14 113 Vi 74"4 81 -i 51 Ti 24 80 43i 100 Last . Saie. 6V4 47 138 11114 100 K 6.,Vi 13 99!4 07Vi 1H 61 Vi 157V4 130Vi 35 V. 831 2HV, 38 V. 123V4 85 i 5H 37 89 36 Vi 34 Vi 37 91 V4 237 464 64 V. 14 1.19 3R 81 Vi 40 V, 91 56 V4 l(3i)4 21V. 83 30 Vi 105 193 V4 23 47 28 V4 67 14V4 74 M 8014 42 92 42 29 61 19 84 103 H 41 "i 99 '4 23 102 2IMI 60 120 7t 93 100 113 75 81 24S SO'-, 43 t 100 1.23; tomatoes. Mexican, H.3032; fancy. s..zo3?.30 per SO-lb. lug: potatoes, rivers. 1696.25 per cental r Salinas, 6 6 23: sweet. ." So per lb.; cucunibers, hot house, 1383.50 per box; garlic, 87 f40o per lb.; artichokes, per doxen. 4573c; turnips. SI. 7562: carrots, $1.23L30; beets, 1242.25: cauliflower, per doze-. 7Scl; lettuce. Southern, S23; Imperial Valley. $2.5093; peas, 10013c; sprouts. 607c per lb.; asparagus. No. 2. 6f9c; fancy grad ed, lO&llc; green onions, 11.2501.30 per box. Fruit Oranges, navels. $3.23i6.73: lem ons, $3.5005.50; grapefruit, $2.233.50; tangerines, $34 per half orange box; $1.6092.50 per peach box-: bananas. Cen tral American, 8 9c; Hawaiian, 9010c per lb.; pineapples, S48 dozen; apples, Newtown Pippins. SV4-tler, $2.40$2.65; 4 tler. $2f2.25; 4-tler, $1.85g2; Oregon Spltxenberg. $2.503.25; Oregon Xewtown Pippins. t2.50'33: Arkansas Black, per box. $2.753.23; rhubarb, bay stock, per box. S3&3.75: strawberries. $3434 per crate of 15 baskets. Receipts Flour. 890 quarters: wheat, 140 centals; barley, 890 centals; beans, 4768 sacks; corn, 1600 sacks; potatoes, 2250 sarks; hay, 95 tons: eggs, 130,560 dozen; hldea. 48; oranges, 1000 boxes. , , Swift Co. Stocks. Closing prlcea of Swift Co. stocks at Chicago were reported by Overbeek & Cooke company of Portland as follows: Swift & Co 120 121 I.ibby, McNeill A Llbby Not reported Swift International 42 & 43 National Leather 12 13 !4 C. IL Sugar at Lower Prices. SAV fTtAXCTSCO, March 24. The out put of the California-Hawaiian Sugar Re fining company will sell at 16c a pound to the consumer for the next three weeks despite a price of 18c declared by the Western Sugar .Refining company yester day, officials of the first named company announced here today. At the end of three weeks there will be a price readjustment. It was announced. California-Hawaiian sugar la being sold to the Jobber at 14c, to the retailer at 14c and to the con sumer at 16c maximum, the company said. The Western refinery price Is 16c to the Jobber, 16c to lbs retailer and 18 c to the consumer. NITW YORK, alarrh S4. Raw sugar Firm: centrifugal. 13.04c; fine granulated, 14 16c. CATTLE TRADING ACTIVE LARGE BCSCH OP MONTANA STEERS SOIiD AT YARDS. ' is somewhat relieved and anticipate quick movement ot timber this sum mer and an unsurpassed amount of timber cut. The labor situation la good. high, wages are being; paid nd no trouble expected. Undertone of Market Is Weak. Hogg Arc Steady and Sheep Business Is Quiet. There was a good run ot 19 loads, mostly cattle, at the stockyard, yesterday. The cattle market was active, but the under- BOY'S BODY RECOVERED Remains Found Not Far From Where Drowning Occurred. The body of Richard Bowles, 15-year-old student of the James John high school, who was drowned below Willbridge on the west side of the river Monday afternoon, was recov- tone continued rather weak. Sixteen loads ered by City Grappler Brady yester day afternoon at 4 o clock not far from the place where the accident occurred. The body was taken to the boy's home at 1621 West Anna street. Fu neral announcements will be made later. Deputy Coroner Leo Goetsch stated there would be no inquest. Bowles was a junior at the James John high school and was a popular student. His father is S. C. Bowles, who is connected with the Standifer shipyard. U S Lib 3 '4s. do 1st 4s.. do 2d 4s 07V4 7Vi 77 64 91 . 75 . 53 Vi . 84 Vi .. 90 Vi .102 . 81 .82 96 May Julv Sept. May . July May . July . Mar . July Mar . July Open. -1.54-i . 1.4.84 . 1.45 . .85 H . .78S Low. $1.34 1.48 i 1.44 H .85 54 Close, $l-56Vi J. 01 147 Vi .7Vi S7 T 38.00 21.50 22.23 19.25 19.77 No. 3 mixed. I'ork Nominal. I.ard 20.70. Ribs JISS'SIS.V Minneapolis Grain Market. MINNEAPOLIS. March 24. Barley, $1.32 61.35; flax, $4.80Vi 4.90",. a Orain at San Francises. SAN FRANCISCO, March 24. Grain Wheat, $3.66 2-3 per cental: oats, red, $3.15 63.20; barley, feed. i3.4Utr3.4o; corn. Cali fornia, yellow, $3&3.25. Hay Fancy light five-wire bales. $38 41 per ton: No. 1 wheat or wheat and oat hay, $3538: No. 2, $33635; choice tame oat hay, $3741-40; alfalfa hay. $32&37: stock bay, $J9fo32. Seattle Feed and Hay. SEATTLE!. March 24. City delivery Feed Mill, $43 per ton; scratch. feed. $83: feed wheat, $87; all grain chop, $73: oata $7U; sprouting oats, $75; rolled oats. $72: whole corn, $74: cracked corn. $76; rolled barley, $76; clipped barley, $81. Hay Eastern Washington timothv mixed, $381039 per ton; double compressed $42: alfalfa. $35: atraw. 117&M: Pi.-t sound, $33. Coffee Futures Close Irregular. NEW YORK, March 24 Liquidation of May contracts caused some irregularity In the coffee market today, but otherwise the early tone was steadier. The opening was four points lower on May. but gen erally unchanged to three points hieher. with May selling up from 14.25c to 14.33c and September 14.40c during the middle of the day, or six to nine points net higher. Later, however, prices eased. May closed at 14.25c bid, while September sold off to 14.30c with the general list closing net 4 points lower to 5 points higher. March 14c: May. 14.25c: July, 14.51c: September! 14.33c; October, 14.33c; December, 14.33c. Spot coffee Quiet; Rio 7s, 14 3i&15c; Santos 4s, 2424 Vic. Copper Dividend la Paaaed. NEW TORK. March 24. The 23-cent quarterly dividend ot the SHattuck-Arizona Copper company was Ordered passed ag Ita bstard. gl directors a today, i BONDS. .97.30 Anglo-Fr Bs . . .90.30, A T & T cv 6s .89.40 Atch Ken 4s . . do fst 4 'is. . .90.70ID & R G con 4s do 2d 4Vis...S.84iIM !t oeo os. do 3d 4 Vi s. . .92.74 N P 4s do 4th 4Vis...89.94iN P 3s ....... Victory 3s . ,.97.62 Pac -1 r oa,. dO 4S VI.M r 7J i . . - U S 2s reg '101 B rev os do coupon .."H'l aoriy ua tt a . .- ioa Li I 4S . . do coupon .."ie u o aiwi Pan 3s reg -H5 do coupon . ... 1 om. Mining Storks at Boston. BOSTON, March 24. Closing quotations: Allouex 34 Old Dom 32 Vi Arlr. Com 12 lOtcoola 48 Calu & Arls 2. iQulncy 6' Calu & Hecla..330 Supertor 6V. Cop Range 43 I Sup & Boston... 4 Vi Bast Butte ... 15 IShannon l?t Franklin - 3 '4 Utah Con ..... S . xv- winona in . 67 I Wolverine 17 . 16ViK'eene Can .... i'8 Isle Royalle Mohawk ... North Butte Money, Exchange, Etc NEW YORK, March 24. Mercantile pa per unchanged. Exchange strong. Sterling, 60-day bills. $3 78; commercial 60-day bills, J3.78VA: demand, $3.82X; cables. $3.83 Vi. Francs, demand, 14.37; cables, 14.35. Belgian francs, demand, 13.87; cables, 13.85; guild ers, demand 38 "i ; cables, 3674 ; lire, de mand, 19.47; cables, 19.45; marks, demand, 1.30: cables. 1.32. Government bonds firm; railroad bonds irregular. Time loans strong, 60-day and 90-day. 8V-&9 per cent; six months, 88V4 per cent. Call money strong. High, 14 per cent; low, 7 per cent; ruling rate -7 per cent: closing bid 13 per cent; offered at 14 per cent; last loan, 14 per cent. Bank acceptances, 6 per cent. Bar silver, $1.23 'i. Mexican dollars, 98 31 c. LONDON, March 24. Bar silver. Tl'io Der ounce. Money 34 per cent. Discount rates, short and three months bills, GJ 11-16 per cenX STEEL CORPORATION EARNINGS LOW Total Undivided Surplus Is Now Nearly Hnlf Billion Dollars. NEW YORK. March 24. The earnings ef the United States steel corporation lor 1919 aggregated 1.12.:nu,B.. a accrease oi $.")5.90.40o from 1918, according to the de tailed reoort issued today. This sum is rear-herf after allowance is made for esti mated amount of federal income and ex cess profits taxes. Balance of earnings, after Interest pay mi.ni on outstanding bonds and mortgages of subsidiaries, amounted to $143,589,063, a decrease of $33.7ol,n. witn net income ot $93,043,136. a decrease or BO,3S8..iO, and a surplus net income of $26,159,781 com pared with $s,oa,ou in toe previous year. Adding this surplus to surplus accumu lated by all companies from April 1, 1901. Includina- the $25,000,000 provided for working capital at organisation, the corpo ration at the end of 1919 had a total un divided surplus, exclusive of profits made by subsidiaries on inter-company sales, of $493,048,202. Oasual reierence is m-auc uj .nairman E H. Gary to the coal shortage and labor difficulties of the latter months of 1918, when output was only 67 per cent of nor mal and at lowest ebb in October. For the entire year the output of finished steel products averagea i.a per cent or ca pacity. Production of Iron ore fell from 28.S3J. 839 tons in 1918 to 2.1,423.093 in 1919; manufactured coke decreased from 17,757, 636 ons to 15,463.649 and rolled and other finished nteel proaucts aecreasea irom 13, 849.4S3 tons to 11.961.935. Comparison of the aumber of employes on the payroll ahows a total of 252.106 in 1919 and 268,170 In the preceding year, but salaries and wages in 1919 amounted to $479,548,040, as against $462,663,524 In 1918. This Is accounted for by the fact that all employes, exclusive of the general administration and selling forces, received an average daily wage of $6.12 in 1919. compared with $5.33 in the previous year. SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetableav Fresh Fruits, Etc., at Bay City. SAN FRANCISCO. March 24. Butter-' Extra gxade, 63c: prime firsts, 62c Eggs Fresh extras. 44c; firsts, 42c; ex tra pullets, 40c; undersised. 33c Cheese Old-style California flats, fancy, SOVic; firsts, 27c; Young America, 34c. Vegetables Eggplant. Imperial Valley, nominal: bell peppers, . Los Angeles, 106 20b; pimentos, 79c; squash, Hubbard. Slil tc per lb,; pusjmer muasi, Cfate, 2 Extra Dlvldent Declared. CLEVELAND, O.. March 24. Directors of the American Shipbuilding company to day declared the regular li per cent common stock dividend and an extra 2i per cent common stock cash dividend for the quarter ending March 81. 1920. pay able May 1 to stockholders of record at the close of business April 15 next. Metal Market. XT5W YORK, March 24. Copper firm. Electrolytic, spot and March. 18Vi18?4o; second quarter, 1SU19c. Iron and antimony unchanged. Lead quiet. Spot and March, 8.7Sc bid. Zinc steady. East SU Louis delivery. spot 8.45c bid. Chicago Dairy Prodnce. CHICAGO. March 21. Butter lower. Creamery. 52 66c. Errs Lower. Receipts. 12.3,5 cases: firsts. 42Vil843c: ordinary firsts, 4041c; at mark, cases included, 41042e. Poultry Alive, higher. springs, sac; fowls, 43c Naval Stores. SAVANNAH. Ga.. March 24. Turpen tine firm, $2.17 sales. 34; receipts, 14; shipments, 33; stock, 1689. Rosin, firm; sales, 4lo; receipts, iso; shipments, 1104; stock. 21,062. Quote: B, $16: D, $17.25; E. $17.33: F. O. $17.40: H. L $17.50; K, M, N, WG, $18.50; WW. $19. Dried Fruit at New Tork. KRW YORK. March 24. Evaporated apples, dull; prunes, steady; peaches, dull. Cotton Market. NEW YORK. March 24. Spot cotton, quiet. Middling. 42c. Dnluth Unseed Market, DULUTH, March 24. Linseed, $4.88. of steers, mostly Montana grain-fed stock were sold at prices ranging Irom sv.o to $11.23. Hogs were steady. Trading was chiefly In small lots and the best offerings brought $16.1:5. The sheep market was quiet, with prices unchanged. Receipts were 416 cattle, 128 hogs ana 136 sheep. The day s aales are as follows: Wt Price.l Wt. Price. 29 steers. 1000 $10.00, 4 hogs. . 224 15. vO 25 steers. 1107 10.75J lhog... 4 steers. 1120 10.75 lhog... 2S steers. 104S 10.751 lhog... 22 steers. 1006 10.75! 8 hogs.. SO steers.-1037 10.751 3 hogs. . 26 steers. 1099 10 601 -2 hogs. . 41 steers. 10O2 10.7-nlS hogs.. 26 steers. 1136 10.601 2 hogs. . lleteers. 85 9.231 10 hogs. . 21 steers. 928 9.25' 13 hogs. . 23 steers. 1090 11.251 2 hogs.. 26 steers. 1140 10.60: 17 hogs. . 2 steers. 1025 10.00! 13 hogs. . 24 steers. 10ts3 10.601 6 hogs. . 25 steers. 1146 10.601 2 hogs.. 1 steer.. 650 6.001 lhog... 7.30U9 hogs.. 7.73114 hogs. . 8.001 6 hogs. . 7. OOf 5 hogs. . 8.751 2 hogs.. 6.751 1 hog... 450 14.00 460 13.00 500 14.00 221 16.25 113 14.00 180 16.00 200 16.10 123 11.00 -' , SALEM, Or.. March 24. (Special.) loo 16.18 Cecil Creson, a student at Oregon 132 16.25 j Agricultural college, reported to the t3 14.U :oolice todav that he had been robbed College Student Robbed. 1 steer. 1 steer.. 1 steer.. 1 steer., 1 steer.. 1 steer.. 1 steer.. 1 cow. . , 2 cows.. 2 cows. 1 cow.. 1 cow.. 1 bull.. 4 hogs. . 19 hogs.. 2 hogs.. 9 hogs.. 8 hogs. . 17 hogs. . 10 hogs. . 8 hogs. . 7 hogs. . 8 hogs. . 6 hogs. . 6 hogs. . 9 hogs. . 1 hog. .. 1 hog... 1 hog. .. 5 hogs. . 23 hogs. . 113 hoes. 990 990 840 930 1240 790 120 640 870 910 7f0 7S0 790 4. 6.00 6.301 3 hogs. . 5.71 5.501 8.50 6.50 262 16.25 168 10.00! 235 16.251 418 14.001 1 lamb. 3 ewes.. 1 ewe. I 10 bucks. 1 buck. 1 buck. . 7 hogs. . 1 hog. 2 hogs. . hogs. 14 hogs. . 9 hogs. . 3 hogs.. 1 ho...' 17 hogs. . 2 nogs. . 200 16.25 225 16.23 140 14.23 187 16.25 230 14.25 183 16.23 194 16.25 175 16.00 440 14.00 180 16.00 133 14.50 190 16.25 420 14.00 225 16.00 296 16.00 216 13.23 350 14.00 123 14.73 225 16.23 100 17.00 160 11.00 160 11.00 17S 5.50 140 8.75 140 8. 164 16.25 810 1600 4 JO 13.00 2S5 15.00 288 . . 212 1600 IBS 16.25 210 15.00 163 16.00 117 14.5m 218 16.25! 199 16.2,r 217 16 2f 200 16.25 334 15.75! 210 IB 25114 hogs. 1S3 16.23 1 hog. .. 231 16.2.11 2 hogs. . 300 14.2R'10 hogs. . 430 14.25112 hogs.. 3f0 15.25 2 hogs.. 196 16.2.1 1 hog. .. 200 16.2SI 8 hogs.. virt sia 'ir. Livestock prices at the Portland stock yards were as follows: Best grain, pulp-fed steers Choice steers Choice to good 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 Canners Bulls Prime light calves Medium to light calves... Heavy calves .... Stockers and feeders Hogs . Prime mixed Medium and mixed Rough heavy.. PiL-S Sheep Eastern lambs Light valley Iambs Heavy valley lambs Common to medium lambs. Yearlings Wethers Ewes .111.25911.50 . 10.75 11.25 . 9.75'a.MO.i . 8.75fa 9.7 . 7.2.1 8.25 . 6.23 7 . 9.001000 . 8.00 9.00 6.30 7.50 3.00 3.30 6.00 7.50 15.50017.00 .10.00015.30 7.00 10.00 7.50 8.50 16.2519 16..10 16.00O16.25 11.0015.50 12.O04J13.00 16. 50 17. 50 15.2316 .10 14.2515.2.1 ll.OO014.fiO 14.50 1.1.25 14.00 14.50 10.006)13.00 ROSE BUSHES CAUSE SUIT J. H. HAKAMP ASKS $50 CASE AGAINST S. DEVAK IX Planting: Near Xine ' and Subse quent Transplanting Starts Trou ble at Vancouver, Wash. VANCOUVER; Wash., March 24. (Special.) Simon Deyak, a local shoe dealer and repairer, owned two lots at 1310 and 1314 Harney street and while in possession of them, planted rose bushes near the line between the two lots. Finally he sold one lot to J. H. Hakamp. A dispute arose about the boundary line between the two lots and Deyak and Hakamp could not agree where it was, so a sur veyor was called in and he ran the line. It was found that Deyak had plant ed the roses on the land he sold, though he thought he was planting them on his own property. He went over and pulled up the rose bushes and planted them on bis side of the line. Hakamp did not like the action, and brought suit against Deyak for J50 damages. The case came up for trial before Cedrio Miller, justice of the peace, to day, and it was bitterly contested. Mr. Miller, after hearing the argu ments on both sides, could not de cide the case at once, so took it under advisement. SILOS TO BE INSPECTED Grange Xear Albany Plans to Visit Farms Today. ALBANY, Or., March 24. (Special.) A trip of investigation of silos to determine most satisfactory methods of handling ensilage will be made to morrow by members of Grand Prairie grange, east of this city. Eight or ten different farms will be visited. In each case the methods of putting up the ensilage and results achieved from feeding it will be studied. Pro fessor E. B. Fitts of the Oregon Agri cultural college will lecture on the various methods used. Two State Wards Escap. SALEM. Or., March 24. (Special.) Salem police are searching for two charges of the state training school, boys who are thought to have stolen an automobile belonging to Dr. Bel linger, superintendent of the state tuberculosis hospital. The car was taken from the tuberculosis hospital garage sometime last night. Two boys from the training school who had been working at the tuberculosis hospital were missing from the in stitution this morning, and the po lice believe they were responsible for the theft. Omaha livestock Market. OMAHA, March 24. Hogs Receipts, 14.000; steady to 25c lower. Top, $15.3.1; bulk, $13.7515: heavyweight, $1314.60; medlumweignt, $14.7515.25; lightweight, $1313.35: light light, I14.-J.vai4 73; heavy packing sows, smooth, $12.50)13.25; pack ing sows, rough, $11.7312.50; pigs, $11. 5u 14. Cattle Receipts, 6000: killing grades steady, Stockers and feeders, weak. Beef steers, medium and heavyweight, choice and prime, $13.2514.50; medium and good, $11.25 13.25; common. $9. 50 11. 25; lightweight, good and choice, $11,75614; common and medium. $9.2511.75; butcher cattle, heifers, $7 W 12.25; cows. $6.S012; canners and cutters, $4,5016.50: veal calves, light and handyweight, $14.25 15.73; feeder steers, $8.5012; stocker steers, $7011.25. Sheep Receipts, 7000; generally steady. Lambs, 84 pounds down, $17.50 19.50 culls and common, $14.2517; yearling wethers, ?l;i17.L'.; ewes, medium and choice, $11,5014.10; culls' and common, $1,00 8(1 it. iu. of $2 in money and valuable watch Creson arrived in Salem last night, according to his story told to the police, and as an accommodation al lowed a man giving his name as C. H. Hill to share his room. When Creson arose this morning he said Hill was missing, as was his money and watch. Creson came to Salem to work on a nearby farm during the spring vaca tion from the college. Herbert E. Clemens Is Dead. Herbert E. Clemens, who was a brother of Airs. A. J. Moser, 341 Thirteenth street, died in Los An geles Monday following an operation, according to advices received in this city yesterday. Previous to going to Los Angeles Clemens was connected with the Chill Exploration company in Tocopilla, South America. He is survived by his sisfer and a brother, Charles N. Clemens of Los Angeles. The body will be brought to Portland. Chamber Secretary Resigns. ALBAKT, Or., March 24. (Special.) Mrs. Cora E. Hopkins, secretary of the Albany chamber of commerce for the last year and a half, has sub mitted her resignation effective May 1. Mrs. Hopkins plans to take a long visit in California. DAILY METEOROLOGICAL REPORT, PORTLAND. Or.. March 24. Maximum temperature. 50 degrees; minimum tem perature. 42 degrees. Klver reading, a A. M.. 5.Z feet: change In last 24 nours. 0.1-foot fall. Total rainfall 15 P. M. to P. M.). .11-Inch: total rainfall since September 1. 1919. 24.67 inches; normal rainfall since September 1. ...i.oi lncnes; deficiency of rainfall since Sep'.ember 1. 1919, 10.94 inches. Sunrise. 6:06 A. M. ; sunset, 6:28 P. M.: total sunshine, 50 min utes; possible sunshine, 10 hours 22 min utes. Moonrise, 8:40 A. M.: moonset, 11:51 P. M. Barometer (reduced sea level), 5 P. M.. 29 51 Inches. Relative humidity: 5 A. M.. 88 per cent: noon, 83 per cont; 5 P. 11., 74 per cent. THE WBATIICR. E g -a Wind I f n t ? 5 c c o a g j STATIONS. ? Waather. I 3 : : : p 2 : : : I s : : : Free From all Dominion Government Taxalioa $40,000.00 PROVINCE OF EEC h GOLD BONDS QUE Dated: March 1, 1920 Due: March 1. 1925 DENOMINATION: $1000, $300, $100 Payable in GOLD COIN of the United States in New Tork or at the quarters of Morris Brothers, Inc. We are particularly fortunate to be able to offer tnveatcra aed clients these bonds of the PIIOVINCK OK yi:KnEC upon a basis to yield 7Te. Quebec is the largest Province in lha Dominion and has a population of over 2.4S2.250 people. It has an area of 706,34 square miles and devotes itself to manu facturing" and shipping. It also produces livestock and field crops in considerable quantities. FIA(I4I, STATFMFTT ' Assessed valuation uf taxable propertv. . . ,1,IT1.I4,TT1 Total Funded Debt Jj!t.7ti.lJ Less Sinking; Fund l.SMu.32 ST.TH.HT Annual Subsidy from Dominion (Jovernment l.voj.dj Annual value of manufactured goods 1!W) s7.9O0.i Annual value of mining products (1917)... 13,Oii2.2!il Quebec controls almoin ull of the navigation of the Ft. Lawrence River and is takini? advantage of every opportunity to develop- its commerce with the world. Its people are In dustrious and thrifty the kind that have Klven vtuebro lie pie-sent commanding position. The province has an abund ance of raw materials and cheap hydro-electric energy. Interim Certificates will be issued pending arrival of definite bonds. Wire orders at our expense. Price: 95.84 to yield 7 LIBERTY AND VICTORY BONDS If yea nt sell your Liberty or Victory beads, sell tn as. If y.wt en ttuv more Liberty or I. tory Immiu, buy from as. On March 24, 1920. the closing New York market prices were as given fea low They are the governing p-lies for Liberty and Mciory bonds all over the world, and the highest. We advertise tlieee prices dallv in order that yon mav always know the .New Tork market and the exact value at jour Liberty and V ictory Honda: 1st 1st 24 1st 2d M 4th Vtotery !' 4 4s 4 1, 4'.. , 4 4VS 196.70 $90.60 fs9.44 $110 96 J: K4 2 fl 190 00 U7 00 r.M 97 1.11 1.44 1 1S 1 .VI .12 111 It 1.04 111 Total. . $97.67 $91 (U $90.84 $92 14 $91.37 $92 94 $91. 89 : 64 $M When buying we deduct :i7o on a $.,0 bond and $2.."iO on a $IOv0 bund. We sell at the New York market, plus the accrued interest. Market. Interest Bargrlar and Fire-proof Safe Deposit Itoxea for Rest Open I ntil P. M. on rwtiirriave. MORRIS BROTHERS, Inc. The Premier Municipal Bend House Capital One Million Dollars Morrla llolldlng, .tott-ll Mark Street, bet. Fifth and Kills rF.LF.PIIONKt UltOAllHAV 2131 Kstahliahcd Over a dusrtri 1 entarr Cubans to Attend Trade 3feet. SAN FRANCISCO, March 24. The Cuban chamber of commerce has de cided to send a delegation to the na tional foreign trade convention at San Francisco in May, according to word received today by William Hammer, president of the foreign trade club, from M. Dlegulez. representative of the national foreign trade council. Dieguiei expected to call on commer cial bodies in the interest of the con vention In the course of a trip through South America, Hammer stated. Sheriff Srrks Itc-clct ilun. ALBA NT. Or.. March !4. (Special ) -C. AL Kaniiall. sheriff of I. Inn county, today filed notice of his can didacy for re-election. He is now serving; his first term in that office. Sheriff Kendall Is a republican. Thus far no opposition to his re-election h.t developed In either psrtv. NEW ISSUE Kansas City Livestock Market. KANSAS CITY, March 24. Cattle Re ceipts, So.00; mostly steady to weak, Heavy beef steers, $13.10 14.25; medium and good, $11.S013; common. $1011.4o lightweight, good and choice, Jll.lRlfr) 13.40; common and medium, $911.U; butcher cattle, heifers, $7.20uilo.2.1; cow t6.9012; canners and cutters, $4.o06.90; veal calves, flt.bUif iB.M; feeder steers. SS.iidtf 1J..II; stocaor steers, ... o U .40- Sheep Receipts, 10,000; steady to lT.c lower. Litmbs. $16.7519. 40; culls and common, $12.25'91S.'0; yearlings wethers. $1517.25; ewes, $11.5013114.25; culls and common, $5.5011.25; breeding ewes, $9.00 6lv-0; feeder lambs, $14.2ol6.2o. Chicago Livestock Market. CHICAGO, March 24. Hogs Receipts. 23.000; slow, loc to 25c lower. Bulk. $14 :0 fi.16; top, J16.2S; heavy, $I3.0fa.l5.S0; medium. $15W.10; light, $lt50 10.20 liKht light, $14.90615.80: heavy packing sows, smooth, $13. 25it? 13.65; packing sows, tough. $12.513.15; pigs. $13,60415.51). Cattle Receipts, 7000; steady. Beef steers, medium and heavyweight choice and prime, $13.5015.25; medium and good, $11.50913.50; common, $10.2511.50 lightweight, good and choice, $1214.75 common .and medium, $1012; butcher cattle, heifers, $7.40913; cows, $7,400 11.75; canners and cutters, $597.55; veal Ives. IWW1H..KI; stocker steers. $9012 feeder steers, $7.6511.25. Sheep Receipts, 8000: firm. Lambs, 84 pounds down. $l7.o0&20.25; culls and com mon. $1417 25; ewes, medium good and znon, $1417. 25; ewes, medium good and Seattle Livestock Market. SEATTLE, March 24. Receipts, none: steady. Prime. $iG 16.50; medium to choice. $1516; rough heavies, $14814.50; pigs, $1213. Cattle Receipts, none: steaay. Best steers. $11.25 4311.75; medium to choice. $9 firl0.75; common to good, $6.75&'9; cows .tnd heifers, $9.7510.25; common to good. $6.509.25: bulls. 97fis.2.i; calves, 7ijli. Lumbermen Expect Big Year. SPOKANE, Wash.. March 24. (Spe cial.) Lumbermen of the Inland Em pire are opening plants for what is expected to be a record-breaking busi ness this year, several or them al ready putting on double shifts of men. according to information received to day. Both lumbermen and railway of ficials declare that the car shortage Baker Boi.se Boston ..... Calgary .... Chicago Denver l)es Moines., Eureka ..... Galveston .. Helena .... t.luneau Kansas City. Los Angeles. Marshrield . Med ford Minneapolis.. New Orleans New York . . North Head. Phoenix .... Pocatello ... Portland ... Roseburg ... acramento . St. Louis.... Salt Lake . . San Diego . . 8. Francisco. Seattle Sitka Spokane .... Tacoma Tatoosh Isld. tvaldez Walla Walla Washington.. Winnipeg . .. Yakima .... S1V jOlnudy loudy Clear ciouuy Rain ,",uO.OOit2K K'loudy 50:0. 3S'. . nw .ciourty 30! 4OO.0OI. ."2 48 0.0OI. .'SB 241 72 0.00!10SW 2o ss'o.nol. . k 34' 500.M0201S 28 50 0.00 14 SW W O.OU'20'SK 2Si 42 0.0OI. .W 30 42 O.lo;. .N :S 62 1 .0S12 K 481 j;o.oo12;sw ,H 4 0.3!. . S :i4l .wo.m ,. xw 281 6O0.00I.. NW BS 70.0O14K 2-Sl 60 0.001. .iK 44! 46 0..12!1'VW 42 010. 20,14, V 3" 3S O.01I. . tSW" 421 50 0.11 . ,!SW 321 52 0.04!. .ISW 421 60 0.00!16 S 421 5S 0. 38120 S 28j 4S O.OOllO.N'W 4li 02 0.00 . . W 461 5s 0.0OI14INW 44 50 0.OOI. .INK 32 4110.201. .E 34 4S O.0OI1S SW 401 48, 0. 2!22 SW 441 4t0.3018iW 10i3tii0.00'. ,W 441 52 O.OO.IO 8 34i Btt O.00 . .SE 41 200.00 . .IW 321 62:0.00,24 SW Cloudy Cloudy 'Clear cloudy Rain Clear Rain Rain Cluudy Cloudy Clear Cloudy Clear Snow Rain Cloudy Cloudy Ha n Cloudy Ft. coudj Cloudy Kain Pt. cloudy Cloudy Cloudy Cloudy ear Cloudy Clear Cloudy iClear tA. M. today. Ing day. bP. M. report of preced- FOR ROASTS. Portland and viclnity Kain; southwest erly winds. Oregon nna Washington Kain: moaerato southwesterly gales along the coast. Idaho Probably rain or snow. Guaranteed by the DOMINION OP CANADA $12,000,000 Canadian Northern Railway System 5i:0 GOLD NOTES Principal and semi-annual interest fruarantped unconditionally by endorsement of the DOMINION OF CANADA Maturities and Prices $G.OOO,000 due Dec. 1, 1022 96.64 less U TO YIELD $6,000,000 due Dec 1, 1024 94.50 lesa i A HOL T V't Principal and interest payable in gold in New York Blyth, Witter. & Co. UNTIED SEMES MUNICIPAL AJTO COmiiATIOil C0NDJ. YEON BUILDING PORTLAND, 0RBW)N Telephone: Main 3304 Ean Francisco Xpw York SUl Low Aocelea City of Edmonton Alberta Corporations Cease Business. -SALEM, Or, March. 24. (Special.) Three Oregon corporations yesterday passed out of existence upon permis sion of H. J. Schulderman, state cor poration commissioner. They include the Interstate Auto Service company of Portland, Alien Brass company, Portland, and the Silver Lake Mer cantile company of Silver Lake, Lake county. The Federation Publishing company increased its capital stock from J2000 to 20.000. Digest of Laws Mailed. . ALEM, Or.. March 24. (Special.) Sam A. Kozer, assistant secretary of statn, today mailed out several thou sand pamphlets containing a, digest of the election laws of Oregon. The pamphlet is a biennial product of the secretary of state s oil Ice and Is much sought by voters and officeholders in all eestlons. of Ov;on, I I Turn Outgo I j I into j I INCOME B TTNIMPR0VED business I property is a drain . from the standpoint of g B money invested and hold- I iuig expenses paia out. w See this organization be- II. I fore you propose improve- ments. R Strong MacNauhton I Hi I Gold Bonds to yield 7 Due Oct. 1, 1929 5H's at 86.58 Payable in U. S. Dollars Details on Request. Mire Orders Collect. CANADIAN NORTHERN R. R. Short Term 5Y2co Gold Notes Interest and principal in U. S. gold coin Guaranteed by THE DOMINION OF CANADA The entire stork of the Canadian Northern is owned by the government TO YIELD ABOUT 7 Due Dec. 1, 1922, price 96.61 Due Dec 1, 1924, price 94.50 Phone orders accepted IfumbermelTrriFftg. MuniHwuiUM Bank Bum. bum 4 Freeman Smith Camp CO. INSURANCE WE WRITE ALL LINES C. De Young & Co. Main 7351 810 Spalding Bidg. Borxds -Trusts-Acceptances capital St surplus ooo.o I ao fVarxcisco ln"nr. Blda. KtrTirxa. ureqoru Under Supervision Banking Dept., State of Oregon ' Strl Xpwr'"""-"'''"" $12,000,000 GOVERNMENT of the DOMINION OF CANADA GUARANTEED 5Yt GOLD NOTES Issued by the Canadian Northern Railway Co. Principal and semi-annual interest guaranteed unconditionally by en dorsement by the Dominion of Canada. Payable in United States Gold Coin in New York. Maturities and prices to yield about 7G1 December L 1922, at 96.64 The House Built Square 70 December 1. 1921, at UZO (arstens & paries, Incorporated j Government, Municipal and Corporal inn Bonds j Third Floor U. S. Bank Bldg. Phone: Broadway 4108 i l v t