THE 3IOIIXIXG OREGOXIAN, THURSDAY, ArillL 2, 1920 21 CROPS RETARDED BY COLD WEATHER Growth Is Backward in Parts of State. All FRUIT BLOOM COMES SLOW Fall-Sown Grains Are Generally In Good . Condition, but x Warmer Weather Needed In Places. Crops of all kinds In Oreeon are back ward, but no Injury Is reported as a result of the cold, wet weather. The weekly crop summary of the weather bureau (ays: The weather was rather cold, with fre quent precipitation over most of the state. Some snow fell, but except In the more eHevated districts It melted as it fell. Some local hail storms occurred, doing: Httle damage. Light to heavy frost occurred Sunday morning, but during the day the weather was mild and pleasant. Rain set In again -'Monday morning in the north western counties. In the Willamette valley and coast counties, and in localitfes in other parts ' of the state farm work has been seriously retarded by wet weather. Scarcity of labor has also caused some delay. Conditions have been generally favorajjle for winter wheat and oats and early sown spring wheat, but warmer weather Is needed in places. Spring seeding Is pro ceeding very slowly. In the milder sections grass is growing well, and alfalfa and clover are making a fair start. In tho colder parts of the state growth is slow. Cold, cloudy weather la causing some loss of atfalfa -from mil dew. Sheep and cattle are being turned on the range in most sections. Conditions have been unfavorable for Iambs, but no ' serious" losses have been reported. Fruit bloom advanced slowly. Prunes are . In full bloom In Douglas county and are partially In bloom elsewhere. Early pears are almost In full bloom in Jackson coun ty. Very few apple blossoms are showing except in Douglas county. The cold, wet weather -has been unfavorable -for pollens tioru " Fruit buds' appear to be recovering somewhat from the effects of the extreme ly low temperature In December, but the yield of berries, cherries, peaches and apricots, will be materially reduced, and the yield of' pears' somewhat affected. The frost of Sunday morning probably caused some Injury to -fruit', bloom, but full' .In formation is not yet available. -Karly garden vegetables are growing slowly; planting of later vegetables has been retarded by wet soil; a small acreage has been planted to early potatoes, and more will be planted as, soon as the soil Is sufficiently dry. Early potatoes' are coming up In a few localities. ' '' ' GOOD WHEAT TRICKS ARE INDICATED Prospects Bright for Big Tear for Grain . farmers, A survey of the wheat crop situation throughout the country has been made by the Spring Wheat Improvement 'associa tion, which finds that there Is seed wheat enough for all requirements, but In many localities farmers say they will not plant full acreage because they are afraid of the price. Never before were the world's conditions so favorable for a good price, according to the association, which says in its report: "The world's visible supply of wheat Is about 200.000,000 bushels less than a year ago. .The acreage sows to winter wheat in the United States la less by 12,000,000 or 13.000.000 acres than last year. . The government forecasts that the winter wheat crop will be only 483,000.000 bushels as against 731.000,000 bushels last year. The visible supply of wheat in the United States is 63,000,000 less than last year. Elevator stocks In MlnneaDolla mil Duluth, Including Durum, are- only about 6,000,000 bushels compared with 48,000,000 ouoneis a year ago. This is scarcely enough to keep the mills running for more than a week or two'.- "There will undoubtedly be a strong de mand both at home and abroad for all of the spring wheat we can possibly grow. Farmers who state that they will not put In wheat because the guaranty has been removed should consider these facts. This ought to be a big wheat year at a big profit for the northwest.". , . ' OATS 8EI.I. HIGHER OX GRAIN BOARD : Bids for Barley and Corn Are Sharply Reduced. Oats were firmer in the 4pcal market yesterday, but corn and barley - declined. One hundred .tons ef April sacked oats were sold at J4, or 2 more than was of fred Tuesday. This is the first sale of No. 3 white feed oats made on the local board recently. Corn bids were reduced I1S150 and barlev was SOrffili Weather conditions In the middle west, .as -wired from Chicago: "Early reports show generally clear and fine over most of the grain belt, unsettled tonight and Tuesday, probably showers, somewhat cooler." - x Terminal receipt, in cars, were reported by the Merchants' Exchange as follows: rortiana Wheat. Bar. Flour. Oats. Hay Wednesday. 8 1 20 Year ago 19 Reason to date. 7715 Year ago 6910 Tafoma- Tuesday...-... 26 Tear ago 3 Season to date. 6438 Yearaco 5197 Seattle Tuesday,,...... 29 Yearaso 44 Season to date. -5655 Year ago ' 5254 3 173 999 13 85.-5 2375 3 423 642 ' 8 2003 2994 . 8 4 i!2 lift 84 34 171 153 8 881 1179 67 1140 2509 238 73 637 525 CROrS IN WESTERN EUROPE GOOD Harvesftng On in India With Satisfactory Results. Wheat crop conditions abroad are cabled by Broomhall as follows: United Kingdom It Is officially staged that the condition of winter wheat is very favorable. However, It is also claimed that the acreage to spring cereals win be short this year. Unofficial advices are to the effect that rains are hindering sow ings In many sections. France Rains in this country have caused local damage to grains, otherwise the good prospects for the crops generally -are nmintained. Germany Sowing of the new grains has made fairly good progress under satisfac tory weather conditions. India Latest estimates show a further Increased acreage to jvheat in the Punjab province and the latest reports are to the ' effect that harvesting of wheat continues to progress satisfactorily. The out-turn this year will no doubt show a good Im provement. Australia Seeding conditions in general . have been fair, but New South Wales does not expect any Increase in the acreage to wheat In that section. North Africa Recent rains were very beneficial to crops and prospects are good as compared with a short time Back. Car of. Strawberries Friday. Receipts of Sacramento and Florida strawberries were small, but they were or sufficient size, considering the cold weather. Sales were made at $6 a crate. A car of Los Angeles berries will arrive Friday and ' they will be put on sale at 13.75. . Hood Blver ' asparagus was In fair sup ply and quoted at 13 a dox.en California asparagus was offered at 12 17 cents a pound. Potato trade continued alow and prices were unchanged. EGG 9 ARE HALF CENT HIGHER Buyers Offer 31V4 Cents for Shipments From Country. The egg market was firmer. Some de crease in receipts lately has been noted while outside orders continue to come In. Bids of 37 V4 cents to country shippers were sent out yesterday. The cube butter market was unchanged, sellers again asking 56 cents for extras. There was a weaker tone In the poultry market with freer- arrivals of hens.'' Sales of heavy hens were reported at 36 cent and light hens at 34 cents. Country dressed meats were unchanged. Increase to Wheat Shipments. Wheat shipments for the past and former weeks were: -Week Ending April 17. April 10. April.19. TV. S.-Can.. 4,730,000 2.ft,000 ; 9,750.000 7.10S.OO0 7,204,000 6U0.0O0 l.OOs.000 708,000 2.040,000 Argentina.. Australia.. . Total 12.936.000 10.661,000 13,080,000 Shipments for the season to date com pare as follows: v Total Since Same Period July 1, 19111. Last Season. U. S. and Canada.. . 240,84s,o0 251.7W2.ooo Argentina l4,324,UOO 9,48.0O0 Australia. cl,591,ooo 45,0(i,ooo India 120,000 5,461.000 Total 4R6.8.S3.000 370,815,000 Bank Clearings. Bank clearings of the Northwestern cities yesterday was as follows: Portland .v. $lo,7u!.041 11.545,704 Seattle 7.87M.U38 1.415.212 Tacoma 819.527 HB.276 Spokane 1,865,844 625.918 PORTLAND 'MARKET QUOTATIONS. Grain, Flour, Feed, Etc. Merchants' Exchange, noon .session: Hid - Oats April. .'O3.00 May. t3.00 June. 1 63.00 No. 3 white feed Barley Standard feed.. No. 3 blue. . .... 64.50 65.00 64.50 65.00 64.50 65.00 Corn No. 3 yellow.... 65.00 65.00 64.50 Eastern crain. bulk Corn, No. 3 yellow 69.00 67.50 66.00 WHEAT Government basis, bushel. J2.20 per FLOUR Family patents, 13.15; bakers, hard wheat, 113.75; white wheat, $12.05; graham, 11.80; valley, 111.40; straights, 11 per barrel. JHLLFKED Prices f. o. b. mill: Mill run $444j45 per ton; rolled barley, 720 73: rolled oats. $90 B7; scratch feed, J82 b4. COKN Whole, 7576; cracked, 177 78 per ton. HAY Buying - price, f. o. b. Portland; Alfalfa, 33; cheat, (22; oats and vetch, 28; valley timothy, S30. Dairy and Country Produce. BUTTER Cubes,' extras, 5oc per pound; prints, parchment wrappers, box ' lots, 60c per pound; cartons, 61c; half boxes, h c more; less, than half boxes, lc more; but-terfat,- No. 1, 59 4? 00c per pound at sta tions; Portland delivery, 61c. EOGS Jobbing prices "to retailers: Ore gon' ranch, case count, 38c; candled, 39c; selects, 42c. - CHEESE Tillamook, tr o. b. Tillamook: Triplets. 32c; Young America,- 3ac; long horns, 33c. Coos and Curry, f. o. b. Myrtle Point: Triplets, 31c; Young Americas, 32 htc per pound. POULTRY Hens, 34 30c; broilers, 50c; ducks, 46c; geese, nominal; turkeys, live, 40fr42c; dressed, choice, 50c.- VEAL Fancy, 23&23c per pound. PORK 'Fancy, 22 c per pound. Fruits and Vegetables. FRUITS Oranges, 13.75 0 7.50: lemons. $5.5006:25 per box; grapefruit, 13.75 & 7.50 per box; bananas, lOllc per pound; ap ples, Kl.L'5184 per -box; strawberries, ti per crate. VEGETABLES Cabbage, 7Sc pound; lettuce, $5 per crate; cuoumbers, 11.25 3 per dozen; carrots, $3 50 per sack; cel ery, 174)8-50 per crate; horseradish, 20c per pound; garlic, 4045c per pound; cauliflower, $ 1.75 2.50 per crate: toma toes, $4z4.50 per box; parsnips. $4.50 per sack; artichokes. $1.25(il.50 per - dozen; spinach, 8&l0c per pound; rhubarb, 78c per pound; peas, 15 17c per pound; as paragus. 12H17c per pound. POTATOES Oregons. 17.508.50. per sack; xakimas, $8.o0p9; new California, 16D18c per pound; sweets, 10c per pound. ONIONS Oregon, 17 per sack; Austra lian Browns, $77.50 per sack. 8tmple Groceries. Local jobbing quotations. SUGAR Sack basis. Cane, granulated. 18.40c per pound; extra C, 17.90c; yellow D, 17.80c; cube. In barrais, 19.25c; pow dered. In barrels, lfl.85e. NUTS Walnuts, 2638c: 'Brazil nuts, 35c: filberts, 35c; almonds, 38 6)38 Vic: pea nuts. 16(M6Hc; cocoanuts, $2 per dozen. SALT Half ground, loos. J17.25 per ton; 50s, 118.75 per ton; dairy, 127.25 per ton. v RICE Blue Rose. 15e per pound. BEANS Small white. Ihbc; large white, 7c; pink, 15c: lima. 13c per pound; bayous, lle; Mexican reds, 10c per pound. - COFFEE Roasted. In drums, 29'50c. 'y 1 Provisions. Local jobbing quotatlon!w HAMS All sizes. 3740c; skinned, SI 42c; picnic, 24g'25c; cottage roll, 30c. LARD Tierce basis, 25c; compound, 25c per pound. DRY SALT Short, clear backs, 2529c per pound: plates, 23c. BACON fancy, 44 52c ; standard 33 41c per pound. Hides and Pelts. HIDES Salt hideB. under 45 lbs.. 2Sc: green hides, under 45 lbs., 25c; salt hides, over 45 lbs., 21c: green hides, over 45 lbs., 18c: green or salt calf, to 15 lbs., 57c green or' salt kip, 15 to 30 lbs., 30c: salt bulls. 17c: green bulls. 14c; dry hides. 32c; dry salt hides. 26c; dry calf, under 7 lbs., 55c: salt horse, large, 18: salt horse, me dium, $7; salt horse, small. 16: dry horse, large, $4; dry horse, medium, $3; dry horse, s-maTl. 12. PELTS Dry pelts, fine long wool. 35c: dry pelts, medium Jong wool. 30c: dry pelts, coarse long wool. 25c: salt pelts, long wool. March take-off, 13 to ?4; dry goat, long hair, pound, 2Sc; dry goat, short hair, pound. 20c. Hons. Wool, Etc. HOPS 1919 crop, 95c per pound; three year contracts, 45c average; one-year con tracts, 65c. MOHAIR Long staple, 3540c; short staple. 25 iffi 30c. TALLOW No. 1, 12c; No. 2, 10c per pound. CASCARA BARK Per pound, 10llc; car lots. 12c. WOOL Eastern Oregon, 40ifr.-.0c; valley. -medium. 50 52c; coarse. 39froe. GRAIN BAGS Car lots, i.c coast.' V- Oils. 'LINSEED OTT, Raw, barrels, raw. drums. 12.05; raw, cases. $1.90; $2. IS: boiled, barrels. 12; boiled, drums, 12.07 boiled, cases. 12.15. TURPENTINE Tanks, 12.46: Cases, 2.1 COAL OTL Iron barrels, 1417c; ca sri. 27 Iff "4c 1 GASOLINE Iron barrels. 27c; wapons.. 27e: cases. 3fc. FUEL OIL Bulk. 12.10 per barrel. tank Naval Stores. SAVANNAH. Ga.. April 21. Turpentine, firm, 1195: sales. 75 barrels; receipts, 117 barrels; shipments, 8 barrels; stock 1836 barrels. Rosin, firm: sales 156 barrels; receipts. 267 barrels, shipments none; stock 16.256 barrels. Quote: B. 115.60; D. E. F. G. H. 117 35: T. 117.50: K. 11R: M. $18.25; N, $18.40; WG, 18.50; WW. 118.75. Katrn Dairy Produce. NEW YORK, April 21. Butter, strong; creamery higher than extras. 7578c: creamery extras, 75c: firsts. 68 74c; pack ing stock, current make No. 2, 42c. Eggs, steady; unchanged. Cheese, firm; unchanged. CHICAGO. April 21. Butter. higher. Creamery, 4RB4V,c.' Eggs, unchanged. Receipts. 44.190 cases. Poultry, .alive lower. Springs, 35c. Fowls, 35c Wool Offerings 0600 Bales'. LONDON, April 21 At the wool auction today 9600 bales were offered. There as a broadening' demand and a hardening In prices, especially for good merino and Melbourne gressies. ?Jew York Sura Market. NEW YORK. April 21. Raw sugar, firm; centrifugal. 19.56c; refined, firm; fine granulated, 17 g 23c. Cotton Market. NEW YORK. AprtI 21. Spot cotton, quiet; middling. 41. ISC. Dried Fruit at New Tork. NEW YORK. April 21 Evaporated ap ples, dull. Prunes, irregular. Teai-hcs, (luiel STOCK SELLING HEAVY! LOSSES OF 5 TO ALMOST 4 5 POIXTS RECORDED. Speculative Issues Are Greatest Sufferers Severe Reaction Also Occurs in Liberty Bonds. NEW YORK, April 21. Quoted values crumbled In today's feverishly active stock market, the list closing In absolute de moralization, many leaders showing ex treme losses of 5 to almost .45 points. Apart from the increasing scarcity of time funds, there were no developments In the money market to explain the de cline, which far exceeded in volume and scope any slmila movement since the early weeks of the year. Shares which recently derived their chief support from professional sources sus tained greatest depreciation. There were rumors that the banks were again cur tailing loans composed of speculative col lateral. No confirmation- of these re ports was obtainable, but It was evident that further contraction of credits was in progress. - A factor of more than sentimental im portance in the day's setback was The fur ther severe reaction of liberty bonds to lowest prices yet recorded on very heavy, offerings. Some of these prime war flo tations fell to levels where tbey repre sented an Interest- return .of almost 7 per cent. Selling of liberty bonds proceeded from various sources, but was popularly at tributed to large corporate Interests which probably found it more expedient to liquidate their holdings than engage in new and costly financing. Sales amounted to 2.OO0.0OO shares, over one-third of the total business occurring in the final hour, the ticker being some 20 minutes behind in recording the day's business. Bonds, Including standard rails and.ln dustrials, followed the course of govern ment issues, losing 1 to 2 per cent. Total sales, par value, aggregated J20.250.000. Old United States 2s lost a half point and Panama 3s' 5 points on call, others being unchanged. CLOSING STOCK QUOTATIONS. Last High. Low. Sale. lOtli 95 95 44 41 41 138V4 134 135 10.". Vi 103 hi 103 ij 103 hi 97 97 Ho 62 62 i 134 131 131 91 S7 87 86?s 86 rf 17V4 14 lTi 60 56 Vs 5T'-, 81 Vs 80 80 1. 168 158 15!Vs 131 H 114-4 115 31 30 '30 '94 88 88 Vj 25 24 ' 24 35 32 Vi 32 hi 1191, 117V 117Vi 83 54 78 79 53 60 50 3.-.V, 81 33 80 80 80 33 30 SO 34 33 33 37 87 87 101 95 96 247 229 232 65 51 52 70 6.". 65 13 12 12 152H 151 151 321 275 275 75 73 73 36 35 35 85 85 85 55 52 52 92 88 88 21 20 20 82 70 77 16 16 16 29 28 28 100 189 173 , 177 U2 22 1 22 45 43 4: 25 23 23 64 64 64 70 6.1 6S 30 27 27 93 91 91 - 76 74 74 1(15 98 97 '.4K 40 40 28 26 28 60 58 i 58 18 18 IS 81 7-6 77 107 99 37' 34 35 90 94 94 22 20 20 114 106 107 48 4 4 .45 ' 70 ' 67 67 118 117 117 73 69 70 95 90 91 102 98 9s 110 110 110 73 71 71 87 86 ' 80 ' 50tt 49 49 22 21 .21 84 80 80 42 40 40 113 109 110 Sals. Am Beet Sug. 4.9O0 Am Can 4.S0O Am Car & Fdy 2,900 Am H & L ptd 900 Am Loco .... 17.500 Am Sm & Rfg 2,500 Am SuKkr Rfg 2.2IN) Am Sum Tub. Am Tel & Tel Am Z L ec Sm Anaconda Cop A tchlson ..... A G & W I S S 2.400 SlH) 1.200 8.600 1,01(0 2.5O0 Baldwin Loco.115,000 .tsait & Ohio... 5,:;io Beth Steel B.. 15,900 B A S Copper. 1,100 calif Petrol .. Canadian Pac. Cent Leather. Ches & Ohio. . Chi M & St P. Chi & N W . . 1,000 !1U0 6,5I0 1.300 2.:mo l.ooo Chi HI & Pac ll.OOO Chino Copper. 1,500 Col Fu & iron. 500 Corn Products. 43.700 Crucible Steel. 7,000 Cuba Cane Sug 24.6110 U S Fd Prods. 7.MH) Erie 2.S0O Gen Electric. 2.200 Gen Motors ... Gt No pfd Gt No Ore ctfs Illinois Central Inspir Copper. Int .' M pfd.. Inter Nickel .. Inter Paper ... K C Southern. Kennecott Cop Louis Ac Nash. 7.200 1.500 1,600 5H0 1.800 2,500 8,500 4,800 lOO 3.300 Mexican Petrol 18.0OO Miami Copper. BOO MUlvale Steel. Missouri Pac. Montana Pow. N Y Central. . N Y N H H Norf A West.. Northern Pac. Pan-Am Pet.. Pennsylvania. . Pitts & W Va. Pittsburg CoaL Ray Con Cop. 3.0OO . 3.000 100 1,500 9,400 61)0 2.4UO 60.500 3,::oo HII0 2O0 1.6O0 Reading 6.20 ReD Ir & Steel 70.4O0 Sin Oil Ac Rfg. 46.KOO Southern Pac. S.O0O siouthtrn Ry .. 3.900 Studebaker Co 67,4K Texas Co 33,000 Tobacco Prods 4.0O0 Union Pacific. 4.00O Untd Ketl Strs 16.P.OO U S Ind Alco. U S Steel 111.800 do Ptd '0 Utah Copper.. . l.JOO Western Union Westing Elect Willys-Overind National Lead Ohio Cits Gas. Royal Dutch..- 300' 1.60t .4"0 4.10O 3. BOO 18,200 Bid. BONDS. U S 2s. reg...101 I Penn con 4s. 87 98 79 79 IT S 2s. COUP.. 101 ISo Pac cy 5s. U S 4s.-re.g, llB ti S cv 4s. cpn.106 Pan 3s, reg. .. 80 Pan 3s. coup. . 80 Anglo-Fr 5s. ... 9 Am T & T cv 6s- 94 a ts.hAn t-tn 4a.. 72 ISo By 5" Union pac 4S. . U S Steel 5s. . . 92 U S Lib 38. . .93.30 Lo lt 4s. . do 2d 4s. . 1st 4s 87. OO .85.00 . .87.40 . .85.00 ..90.72 . .85.10 . .96.20 ..99.20 D & R cons 4S. mivsi -.... NYC deb 6s.. 87 Vi ' 3.1 4s... Pin (a 71 'i 4th 48.. Not pac 3s 50 Victory 3s... Pac T & T 5s. . 821. do 4s Bid. . Boston Mining. Allouez 32 IVorth Butte... Aria Com'l II Old Dominion.. Cal & Ariz 61 Osceola . 18 . 30 . 45 . 56 . 5 . 4 . -1 , 8 . .' 1 . 18 Cal & Ilecla. .. -34i iwuincy 'Cop Rge Con Co 41 ISuperlor J East Butte Cop 13iSup & Boston. Franklin 3 Shannon . . Isle Royalle".. . Lake Copper. . Mowhawk 30 4 62 Il'tah Cons. . I Winona ... (Wolverine . Money Exchange, tUx. NEW '. YORK, April 21. Mercantile paper, unchanged. Exchange, weak. Sterling 60-day bills, 13.87; commercial 60-day bills on banks, 13.87: commercial GO-day bills, $3.87; demand, $3.92; cables. $3.92. Francs, demand 16.37, cables 16.35: Belgian francs, demand 15.32.' cables 15.30; guilders, de mand 36. cables 37; llres, demand 22.62, cables 22.60; marks, demand 1.65, cables 1.66; drachmas. 8.88. Sterling declined runner in tne late dealings. Quotations were as follows: Sterling 60-day bills, $3.87: commercial 60-day bills on banks, $3.87:"'commercial (0-day bills, $3.86; demand,- $3.91; cables, $3.01. Government bonds, weak; railroad bonds, weak. - Time, loans, strong: unchanged. Call money, steady. High,- 7 per cent; low. 7 per cent: ruling rate, 7 per cent; closing bid. 6 per cent: offered at 7 per cent; last loam, 7 per cent. Bank acceptances. 6 per cent. ? Bar silver. 11.17. Mexican dollars, '88e. LONDON, April 21. Bar silver, 68d per ounce. Money, 4 per cent. Discount rates diort bills, 6 per cent. Three-monts Hills,-6 per cent. i Swift Co. Stocks. Cosing prices of Swift Co. stocks at Chicago vere reported by Over-beck & Cooke company of Portland as follows: Swift & Co 116 Lihby. McNeill ft. Libby 2S Na-tional Leather - r 13 Swift International 41 SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Kf., at Bay . City. SAN FRANCISCO, April 21. Butter Extra grade, 68c: extra firsts, nominal. Eggs Fresh extras, 43 c: firsts, nomi nal ;. extra pullets. 4e;- undersized; .-33c. Cheese Old style ' California flats fancy, 26c; firsts, 24cl young America, 2.7c Vegetables Beans. Imperial Valley, 20")30c per lb. for string; bell peppers. Los Angeles, large, 50$60c; small. 25x35o per lb.; squash, summer squash. $1.75 $'2; Italian squash, 11.501.75; tomatoes. Mexi can fancy, KU 8 per 30 -lb. lug; Imperial, 14 4.25; potatoes, rivers, 17.2531' 7.75; plow outs, $6.256.75: sweet, 74y8c per lb.; new potatoes. 810c: onions, brown, 16 6.50: Imperial Bermuda. 67c; crystal wnile,' 7g : 8c- Australian onio'ns. 16.216.50; cucumbers, hot. house, J..o&4 per box: garlic, 30&35C per lb.; artichokes, !46 per large crate; turnips, ai.io; carrots. 11.25 O1-50: beets, 12.252.75; lettuce, south ern. 11.502; asparagus, 79c; fancy graded, 10l2c; green asparagus,' 46c; spinach, 2&3c; green onions. 11 125 per box; celery, 124.25; eggplant, Los Angeles, 25035c per lb.; cauliflower, $1.50 1.75 per crate. Fruit Oranges, navels, 3ft"; Valencia. 14.50 4r. 1.75; lemons. 3.2i45; grapefruit, $2.50igf 3.50: lemonottes, 12.5003; tan gerines, 1.254 bananas. Central Amer ican, S!4?10: Hawaiian, 10 12c per. lb.; pineapples, 3.0ui0.io, apples. New- town pippins, S'4-tier, ti 7508; 4-tler. IA502.7S; 4-tier, 12.852.50; rhubarb. Bay stock. 14. SO' 1.75; San Jose. 12; strawberries, Los Angelm, $3. &3.50 per crate; peninsula and . Watsonville. 11.259 1.75 per drawer. Receipts Flour, 4920 quarters; wheat. 6285 centals: barley, 31:57 centals; oats. 50 centals; beans, 1142 sacks: corn. 2620 sacks; potatoes, 1215 sacks; hay, 100 tons; eggs, 157,050 dosen; hides, 3 rolls. Coffee Future Lower. NEW YORK, April 21. The market for coffee futures waa easier again today under further near-month liquidation and scattered selling. The opening showed a decline of 7 to 10 points and the more active positions sold 12 to 17 points net lower during the day with May touching 14.60c and December 14.65c. The closing was at about the low point, showing a net decline of 10 to 18 points. April, 14.47c; May, 14.60c: July, 14.97c; Septem ber. 14.71c; October, 14.70c; December, 14.67c; January, 14.65; March. 14.60. Spot coffee quiet; Rio' No. 7, 15 c; Santos No. 4. 23 24c. GRAIN PRICES COLLAPSE HEAVY SELLING CARRIES ALL ' CEREALS DOWNWARD. Corn Losses Range tp to 8 V? Cents. Provisions Are Also Caught in Break. . i CHICAGO. April 21. Grain and provi visions collapsed suddenly In value today' under an avalanche of selling. The strained financial situation as reflected by -the Japanese banking flurry and by severe declines in the New York stock market proved too heavy a burden for corn and allied commodities. The close here in every pit was semi-demoralized, with corn 4c to 8o net low. May at $1.66 to 11.68 and July 11.68 to $1.58. Oats fin ished 4o to 6c down. In provisions the losses for the day ranged from 25c to 11.30. Weakness was apparent In the corn mar ket as soon as trading began. Confidence of- holders was visibly unsettled by the prospect of Industrial 'shutdowns, threat ened by continued halting of railway traf fic. Under such circumstances a jolt like the break of prices in Wall street was more than the market here could with stand. Buying power seemed to flatten out completely, and during the last 15 minutes whirlwind selling took place with last prices at nearly the bottom point reached. Oats tumbled with corn. Longa un loaded heavily. Notwitstandinc higher. Quotations- on hogs, provisions were ,. depressed by the tan or grain. The Chicago market letter received yes terday by Overbeck & Cooke company af Portland said: Corn The market today received quite a setback, due to general improvement In weather conditions. This caused an easier opening for all options. The market held rather steady the first 'hour, but general selling made its appearance through com mission houses and the market gave an appearance of an over-bought condition. This caused uneasiness among the long In terest and started another wave of selling orders which carried prices dowti from 4 to 7 cents with all options closing at or near the 'bottom iprlces for the day. An undercurrent of uneasiness was noted yes- terday regarding purchases on the part of the public at pnssent. For some time the belief has been growing that world condi tions are nearly as bad as has been claimed. The country has been long on futures' as well as the cash, and has taken the corn and oats markets away from speculators. Oats The oats market acted to a great extent In sympathy with the action of corn. all options showing loss for tne aay trading, closing around the low figures for the day. Strong efforts to move grains from interior elevatora to terminal mar kets are expected to be made in the -near future, as It is reported that many ejarm ers who have been holding for higher prices have been rewarded for their ef forts are now more willing to sell. Leading futures were as follows: . CORN. Open. High. Low. Close. May.... $1.71 $1.73 11.65 $t06 July 1.65 1.66 1 57 1.58 Sept 1.60 1.01 1.53 1.53 , OATS. May.'... .7 .97 .93 .03 July 8S .89 .84 .84 .... POKK. May.... .16.80 86.80 35.50. .15.50 July...,' 7. 80 87.85 3-6.50 &6.50. ; LARD. May....' 19.77' 19.85 19.25 " 19.35 July.... 20.60 20.65 20.02 20.02 ' '" RIBS. May.... 18.27 ' 18.32 18.05 18.06 July 18.95 19.02 - 18.75 18.75 Cash prices were as follows: Corn No. 3 mixed, $1.71 1.73; No. 3 yellow. $1.77. Oats No. 2 whMe. $1.04 1.05 ; No. S white. $1.03'e,l.O5. Rye No. 2. 12.04 2.0-3. . Barley $1.58 'if 1.76. Timothy seed ti 11.05. Clover seed !45df5J. : Pork Nominal. Lard 119.50. Ribs $17.25018.51. Grain at Saa Francisco. SAN FRANCISCO, April 21. Grain Wheat. 13.66 2-3 per cental: oats, red, 12.903.10; barley, feed, 1303.10; corn. California yellow. $3.1503.25: rye, $3.25. Hay Fancy wheat hay, light, five-wire bales, $38-41- per ton; No. 1 wheat or wheat and oat hay, $35Q3S; No. 2, $33 & 35; choice tame oat hay, $3740; other tame oat nay, . 1337; wild oat hay, nominal; barley hay, nominal; alfalfa hay, $32&37; stock hay. 12032; .Oregon wheat and oat mixed, $2932; No. X barley straw, 70c $1 per bale. Seattle Fee and Hay. SEATTLE. Wash.. April 21. City deliv ery: Feed, mill, $48()50 per ton; scratch feed, $86; feed wheat. $89; all grain chop. $75; oats. $72; sprouting oats, 177; rolled oats, $74: whole corn, 77; cracked corn. $8L rolled barley. $76; clipped barley, $81. Hay Eastern Washington, timothy mixed, $43 per ton; double compressed. $50; alfalfa. $42; straw, $18.60; Puget sound, $38. Mlneanolla Grain Market. MINNEAPOLIS, April 21. Barley, $1.33 &1.64.. Flax, No. 1. $4 44g4.49. .- Wheat Rosalea Authorized. NEW YORK. April 21. Permission to resell wheat purchased from the United States grain corporation was granted to mills throughout the country today, in a bulletin issued by the corporation. Duluth Linseed Market. nULUTH. 4.56. April -Linseed. $4,529 Metal Market. NEW TORK. April 2L Copper, iron and lead unchanged. - Antimony. 10.624e. Tin. easier; spot, 62.25c; May-June, 80.75c Zinc weak; East St. - Louis delivery, spot and April, 8.1c offered. BOND ISSUE QUESTIONED Suit Filed at - Astoria -Involves Roosevelt Highway Improvement. -ASTORIA. Or., April 21. (Special.) Suit to restrain the city of Seaside from iRsuinr and lispopina; of $263,000 in municipal bonds authorized by recent election to build an ocean pier and beach walk, to improve Roosevelt highway, condemn 'land and ir.stall a fire alarm system, was filed by K. P. Noonan in circuit court this afternoon asainst that municipality and its officers ' ' The complaint avera that the elec tion by which the charter was amend ed to authorize this bond issue 'was illegal In that an attempt was made to incur Indebtedness for four dis tinct improvements by the same amendment. The suit is a friendly action 'brought to test the legality of the bond issue. Millage Tax Discussed. MEDFORD, Or.. April 21. (Special.) Guests of the chamber of commerce luncheon this noor were President Campbell of the University of Ore gon, who spoke at length In behalf , of the millage tax bill for education, and Arthur E. Lyman of Marshfield. who brought greetings from that city. President Campbell addressed a pub lic gathering tonight at the public ' library on the same subject. Read The Oregonian classified ads. ALL LIHES ARE STEM EIGHT LOADS OP STOCK ARE RECEIVED AT YARDS. Local Demand Is Good and Former Prices' Are Maintained Throughout List. Eight loads of cattle and sheep were Tecelved at the stockyards yesterday, the cattle coming from Idaho and the sheep from vallay points. There were no new developments in the market. The demand was good and prices were steady through out the liat. Receipts were 98 cattle and 641 ahecp. Tha day's sales were as follows: Wrt Pr. I Wgt. Pr. 237 $16.25 220 17.00 213 17.25 375 15.25 25 steers. 11S $12.65 4 hogs.. 2 cows 700 1. 1. 1 hog. . . 8.9() 23 hogs. . 9.501 2 hogs. . 2 cows.. 2 cows. 1 cow. . 1 cow.-. 2 cowa. 2 cowa. 2 cows. 2 cows. 1 cow. . 1140 1120 810 -950 925. 1025 1700 1223 1070 850 8.50 (8 hogs. . 199 17.25 15.25 17.25 17.00 19. 00 17.O0 12. 50 20.00 19.00 15.00 12 50 .50 3 hots... 373 8.00'si horn. 2U4 70 15 110 110 53 47 50 14(1 145 111 7.7.V11 lambs. . 8.5016 lambs. . 9.25! 2 lambs. . 8.75! 1 lamb.. . 8. 5M 3 lambs. 0.50:18 lambs. . 7. (Mil 4 lambs. , 7 501 1 ewe. . . . O.ooj 2 ewes. . , 9.50'n ewes. . 8.251 1 wether 1 cow . . . 1 tOW.s. 2 cows. . 92 895 2 cowa. . 2 cows. . ,1 cow. . . 1 cow. . , 1 calf... Vcalf. . . 2 calvea 1 calf. . , 1170 1 335 1170 960 . lOO 140 . 150 .on 13.00 13.O0 15.O0 10.(10 9.75 9.50 8.25 8.5(1 19.00 1TT.O 17.10 18.50 16.00 16.00 16.00 6.00 8.00 17.00 14 (10 16.85 lCjfHJ 150 17.001 2 wethers 125 17.0011 bunks.. 140 17.0OI 1 cow 940 80 IO. ("M aI COW... --U 17.00 1 bill!.. . 1330 17.001 ,1 bull. . . 830 1 calf. . ,: 140 1 calf. .. 120 1 bull. . . 1640 1 bull. .. 1330 8..o 7 lambs.-. 8 25214 lambs. 17.0o 8 lambs. . 18 2.V24 lambs. . 16 75' 198 yearl. . 10 00 lyearl.. 17.00 175 yearl. . 17.25 1 buck. . . 17.25 1 buck. . . 17.00 3 hogs.. . 17.00 1 hog. . . . 17.00 8 hogs... 13.00 1 hog. . . . . 87 43 59 102 110 117 180 140 220 440 153 330 82 bogs.. 225 J4 nogs. . 10 hogs. . 10 hORS. . 2 hogs.. 12 hogs.. 7 hogs. . 6 hogs: . 7 hogs. . . 2 hogs.. 1 hog. . . 175 187 127 230 211 ' 175 186 157 215 ' 150 Livestock prices at the Portland stock yards were as follows: Best gra'.n. pulp-fed ateera. Choice steers Good to choice steers....... Medium to good steers. . .$12.0013.00 . 1 1.00 (r 12.00 . IO.OOiS) 11.00 . 9fK', 10.00 . 8.25nt 9.00 . 7.00W 8.25 . 10.5o 11.00 Fair to .medium steers. Common to fair- steers. . Choice cows and heifers...... Good to choice cows, heifers. . Medium to good cows, heifers.. Canners Bulls Prime light calves ...w Medium light calves Heavy calves . . Stockers and feeders. ....... . Hoffs - , Prime mixed . . ............ . Medium nuxed .............. Rough heavy ....... ......... Pigs Sheer Spring- lambs ; Eailern lamba .... .75i10.r0 8.25 8D 0.73 5.00i 7.O0 6.00 8.50 15.0ri 17.00 10.0015.00 7.0oiif 10.00 7.50& 8.50 1T.0O( 17.8.1 16.250 17.00 1 2. 25 1-6.25 13. OOtf 15.50 . J7.0O 19.00 . 17.((OttlS OO . 15 75 lit 17.0O . 14.25115.75 . 11. on 14.50 . WOO-fli 15.50 . 14 50 rn 15.25 . 10.0014.00 Light valley lambs......... Htavy valley -lambs Common to medium lamba. Yearlings Wethers Ewea Chicago Livestock Market. CHICVGO, April 21. Cattle Receipts ll.OOO head; early steer trad confined to low grades, selling steady; others dull and lower. She stock steady. Calves steady to 25a lower, with bulk at $15.25(115.75; practically no trade in stockera Hogs Receipts 17.000 head; light ac tive. 25c to 35c higher, with bulk at $16 50 6-18.75: top. 116.75; heavies slow, with early trade 10c to 25o higher and bulk at $14.80 15.75: plrs. 114.25 15.25. ' Sheep Receipts. 9000 head; slow, early sales 'steady. Good wooled lambs, 121.25; shorn la-n'os. $18.50; wooled ewes, choice, $15.35. Omaha Livestock Market. OMAHA. April 21. Hogs Receipts 14. 000 head-, uneven, steady to 23c higher, advance on' medium and light: Packers Slow to follow upturn. Top. $15.30; bulk. $1415. Cattle - Receipts, 7OO0 head: heavy steers, fully 50c lower. Others and she stock. 25 40c lower. Best heavy steers. $13; bulk of steers, $11.5012.50; bulk of she stock, ISfrflO; stockers and feeders, active, 25c higher. Sheep' Receipts, 8O00 head; active; lambs steady to strong. Sheep steady Top clipped lambs. $18. . Kansas City LKestock Market. - KANSAS CITV. Mo.. April 21. Oattle. receipts. 64O0 head; beef steers. 25c to 40c lower; top. 113.75; bulk, $11.8512.40; yearlings. 25o lower, top. $13.85; bulk. ii.-'.-.Tll- ;..; all -. other killing cattle pareiy steady; good to choice veals, $14.25 15.50. Sheen Receipts. 8000 head: active Bnri 85c to 50 c higher: 'no choice wool lambs orrerea; best. 120.no ; clipped lambs, $17.75; short decks, 77-pound spring lambs. $21.75. Seattle Livestock Market. SEATTLE, Wash., April 21. Hogs Re ceipts, none; steady. Prime, $16.7517.40; medium to choice. $15. 756-18.75; rough heavies, 11 4.75 w 1 5.40 : pigs, $131 14.50. Cattle Receipts, -none; steady. Beef steers, 112.504c 13; medium to choice. !1((3i 12: common to good. 17.504rl0: cows and heifers, $10.252lo.75; common to good, 17 10; bulls, 17.5Qg8.IM; calves. $7,504? 16 Rotary Club Organized. CEXTRA'LIA. Wanh.. April 21. (Special.) A Centra.lia Rotary club was organized yesterday noon at a luncheon held at the Hotel Centralia by leading- business and professional men of the city. Leon Titus was elected president. Other officers cho sen were: A. J. Haigh. vice-president: J. M. Benedict Jr.. secretary; W. H. Ingrraham, treasdrer, and A. F. Cor mier, sergeant-at-arms. The officers, with Frank A. Martin, C. Paul Uhl mann and H. L. Bras, compose the board of directors. The new club will be instituted and officers installed Thursday by T. U Monson, secretary of the Seattle Rotary club. Portland Man Forfeits Bond. GOLDENDALE, "Wash., April 21. (Special.) O. W. Harrington of Port land, Or., failed to appear in the supe rior court , at Goldendale today to an swer to a statutory charge made against him in an information filed by th prosecuting attorney of Klickitat county. Judge Darch declared a cash bond of, $250 deposited by Harrington at ' the time of his arrest forfeited and issued a bench warrant for bia arrest. . Oddfellows to Hold Convention. TWIN FATjLS, Idaho. April 21 (Special.) Monday next the district convention of Oddfellows will take place here in Oddfellows hall, dele gates from Kimberly, Filer, Buhl and Twin Falls planning oh being present. A business, session will be held, after Details of, property manage ment and how we handle them are dis cussed fully in the boklet we have just issued. It is yours upon request Strong MacNau$htcn PoerLAMoQcoRacTT BuitniKoO00100"! We offer "oir participation ia the Issue of $50',000,000.00 Sinclair Oil Company . , 712 5-Yr. Convert. Gold Notes Provisions and Safegrmarda 1 Bach note will be convertible dur ing life into 10 shares 8 cum. sinking, fund pf,d. stock, par value $100 each, and 2V shares common stock with out par value. 2. Notes will be secured by pledsre of all the capital stock and securities of subsidiary companies. S. Net assets, including: proceeds of this issue, equal over five times these notes. 4. Earnings for three years averaged over five times interest on . these notes. Offered when as and if lss'ued and received by us at 98.00 and Interest to Yield Approximately 80 Wire or telephone orders at our ex pense. G.E.MILLBR k COMPANY SOVERNMENT BONDS MUNICIPAL CORPORATION TELEPHONE. AAIN 4I95 204- 56 NorthwesternDanK Building F C RTI.AND , ORCG O tVi ss,r' 1 which a social time will take place. Plans are being made for the enter tainment of a large number of dele gates. Destroyer Paulding Launched. CAMDEN'. N. J., April 21. The tor pedoboat destroyer Paulding, named after James K. Paulding, the late eec retary of the navy, was launched Tuesday at the yard of the New York Shipbuilding corporation. DAILY MKTKOROLOG1CAL REfOKT. PORTLAND. Or., April '21. Maximum temperature. 4S decrees: minimum tern perature, 3i decrees. River reading-, I A. M., i.l feet: change in la?t 1!4 hours .ot Jail. 5 P. M.), .33 Inches: total rainfall since bepteiuber 1. 1I1. 30.'J5 Inche.o; normal ralnratl since September 1. 3.3'. incnes deficiency of rainfall since September 1 1119. 8.74 inches. Sunrise. TirlePA. M.; sun sot, 7:05 P. M.: total sunshine. J hours 10 minutes: possible sunshine, 13 noun 51 minutes. Moonrtee. 7:24 A. M.: moon set, 10:44 P. M. Barometer (reduced sea level). & P. it 3n.l Inches. Relative hu midity: 5 A at.. MO per cent; noon, S per cent; 5 P. M.. 84 per cent. THE WEATHER. - n S3 W""5 m 2; - o 3 3"o 1 S c o - o ? ." o o 3 s ; r E 3 : : : : : : : : : ! - ' STATIONS. Baker I Kolse J Boston .... . Caljrary . . . .1 Chicago . . . .1 Denver I Dee Moines.. t O.Ofl! 0.0O 1 ..'10! , .INK !Pt. oloudy . jNW;Pt. cloudy . . i irvain o.oi; o. 1(1 o.oo o.os O.on o.oo . .'N 10S 14 W io sw Cioudy Olear "."loudy Rain Kureka Ga Iveston, .. . Helena . . . . . Juneau . . .. Kansas City. I. oe Angeles. Marshfie.d Medtord . M inneapolis. . New Orleans New York . . North Head. Phoenix . . . . Pooatelio ... Port land Rnseburir . . . :ti i 2;SK jPt. cloudy o.o'i o.oo ... . lea r 12 S C'loudy . ..SW I'leur 0 . 0O O.lKli 4l 34( :i.i; 4tii ert; 44! 401 50 24 1 KM! ::l 40; 541 501 KM I 0.4O . .-NW Pt. cloudy 1,1. V Wlf-liiiHi.. 0.IX0 o.oi; O.oo' t.SW Pt. cloudy 1 .04 o. io o.oo '32! W 'Cloudy lU NWjCloudy 0.24' 20 SW ISnow 0.KK . . N w Cloudy ..!w Pt. cloudy . .'NWjClear 14! SW Pt. cloudy . . :sw Cloudy . .'NWfciear lrt N W'Clear lOW ICloudy ' . .! . . ..Clear 14 SW Cloudy . . NW Pt. cloudy 14 SW Clear O.04! Sacramento . o.oo O.OO St. Louis . .. salt Lake . . San OleRO.. S. Francisco. Seattle Sitka Siokane Tacoma Tatooah Isld tValdez o.oo) ofcoo' oToo O.OI 0 . 0O o.oo :io! K0' :ia! 40' IS' 3 Mt 2H O.oo 0.01 o.oo o.oo . - N Clear 10 SW ipt. cloudy . .INWiClear . .INK lRain Walla Wallal V. ashinKton. . .on. . O.K'. 'O.trRi O.OOi A Innipeg Yakim NWiPt. cloudy tA. M. today, ing day. P. M. report of precee- FOP.ECASTS. Portland and vicinity Fair and warmer; westerly winds. Oregon Fair and warmer; moderate westerly winds. Washington Fair; moderate western winds. FOREIGN BONDS Berlin 4s Bremen 4'ib Cologne ,4s Dresden 4's Leipzig i't . Munich 4s Mannheim 4s Frankfort 4s Stuttgart 4s FRENCH VICTORY 5s SPECIAL PRICES 1,000,000 MARKS ' Send for fnl detailed description. Circular No. T. M. &U0. Farson, Son & Co. 115 Broadway, New York Members New York Stock Exchange INSURANCE ' WE WRITE ALL LINES C. l)e Young & Co. Main 7351 810 Spalding Bidg. FREE FROM ALL DOMINION Gol. We own and offer tlie followlntr Issues of COL"PON GOLD BONDS. These are from errowinsr and prosper ous Canadian cities and are payable in HOLD COIN of the United States at the quarters of Morris Brothers, . Inc., or in New YorV.. " ' '' '.Krr ' lUflhiaSlMaMMSkiMMUiWUUMMa- Amount Rate Maturity 231.0)0 Edmsitoi, Cltx of, Itot. of Alberta..... 5i AAO 1P1.H 1.1.000 .Greater Wlaslprc Vater IMatrlet 5 JAJ H-1 2.8O0 tCreater Wiunlpea- W ater District B FVS A lUlEt Denotes bonds of $1000 denomination. 1 Denotes bonds of $100 de nomination. PRICE: TO NET 7Va LIBERTY AND VICTORY BONDS If you mnst well yonr Liberty or Victory bonds, sell to us. If you can buy more Liberty or Victory bonds, buy from us. On April 21. 19-0, the closing; New York market prices were as Klven he low. They are the Koverninif prices for Liberty and Victory bonds all over tne world, and the highest. We advertise theja prices daily in order that you mav always know the New Tork market and the exact value of your Liberty and Victory Bomis: 1st 1st 2d 1st 2d 3d 4tu Victory 3:s 4? 4 4'-.s 45 4 s 4is Ss 4. a Market... 3.22 8i.K0 $8.".(0 S7.1 $M 90 U0. SJ.0 tart 16 Mi.l Interest... 1.23 1.41 1.74 1.50 I h. .43 .08 1.32 LuT Total $94.45 (87.01 (i.74 (8.a0 $36.73 SOI. 03 $83.14 Sl7.4d Su7.8j When buylnic we deduct 37c on a ."0 bond and $2.50 on a $1000 bond. We sell at the New York market, plus the accrued Interest. Burs;lar and Fire-proof Safe IJepo.lt Boxes for Rtat Opea Vsitil S P. MORRIS BROTHERS, Inc. ! The Premier Municipal Bond House Capital One Million Dollar Morris Bulldlna-. 3O0-11 Stark Street, Bet. Fifth and Sixth. TKLEPHONKl BROADWAY 2151. Kstabll.hed OTer a Quarter Century 1 HIGH Corporation YIELD Bonds Bell Telephone Co. of Canada 7s This company is . the largest in Canada and operates in the most heavily populated part of the do minion. 5 years. Int. April, Oct. PRICE 9S, TO YIELD California-Washington Timber Co.'s 7s 5-year gold bonds, secured on 5-for-l basis by one of the finest timber stands in the west. PRICE rOO, TO YIELD Associated Simmons Hardware Co.'s 7s . 5-year notes of largest manufac ' turer and distributor of its kind in the world. PRICE 98, TO YIELD New York Central Equipment 7s Serials, due 1921-34, secured by equipment held in trust and leased to railroad pending full payment. PRICE 100, TO YIELD Hooker Electro-Chemical 2-Year 7s, to Yield mm Under- SnpeoUloiLOTcmJ tUMidn0nea-L- B oc3 s - Truss r. sitsf ah Svrsrfu V..i.r - Por-H jarvd. Gity of Edmonton SH'j Ask for details Dated October 1, 1919 In no event can you earn less than 7 on your Investment and you may earn a very large return, depending upon how early your bonds are "called" for redemption. A portion will be redeemed each six months. Denomination. $1000. Principal and Interest are payable in UNITED STATES GOLD CO IX. Tou may buy these bonds for cash r on the Partial Payment Plan. Nearly $700,000 of this issue of bonds have been purchased by our clients, the major portion by banks. We will furnish you full details on request. Price: 86.58 and Accrued Interest Wire orders "collect" sS2 FBFFMflrJ ril 1 ITVCX ' Winii its riHcrico OfSEttXSIEM TAXATION. rl Eoimdts lrlce J 7.T o::.ra M. k Saturday.. 7.50 7.50 1? 7.75?o. - Acceptances . BMa. Or-qot. The special act authoriz ing issues provides- that th ' arrears of taxes as collected "shall be used for the sole purpose of redeeming the special debentures," and that "the said debentures or any of them may from time to time be redeemed at tbe city's option at their face value by drawings." Due October 1, 1929 SMITU fl, Taud r n s a a a a ws Mass aiT 1 s SECOND FIOOR NORTHWESTERN BANK BUILDING Main 648 !i