Morning Oregonian. (Portland, Or.) 1861-1937, December 15, 1920, Image 27

Historic Oregon Newspapers

Morning Oregonian., December 15, 1920, Page 27, Image 27

Image provided by: University of Oregon Libraries; Eugene, OR

About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 15, 1920)

Prev Page of 28 Next Prev Issue Next Text PDF JP2 (5.1 MB) Clip/Print Image

Return to Top

Prev Page of 28 Next Prev Issue Next

Newspaper Page TextTHE MORNING OltEGONIAN. WEDNESDAY. DECEMBER 13, 1920 27 V ADVANCE liJ WHEAT PRICES IS RESUMED Farmers Are Again Offered $1.50 at Loading Points. SALES BY NO MEANS FREE Bids at Local Exchange Arc Raised 5 to 10 Cents, but Seattle Jioard Is Lower. The wheat market resumed its advance yesterday with prices pushed up faster at this end than at Chicago. The im provement was held to he due largely to the prospect of relict legislation hy Con gress. Bids In the country were raises and $1.60 was again available at man; eoontry points, hut reports received at local offices Indicated that farmers were hy no- means free sellers. At the Merchants Exchange, bard wheat bids were raised 1i cents to 11.75 and cluh was op S cents to 11-70. Offers for the ether grades were advanced 8 cents. Eewttle did cot follow the East, however, and hi da were 1 to 6 cents lower than en Monday, with U-63 bid for hard white and clirb. The coarse grain market was weak and generally lower. January 'white oats and both deliveries of gray oats were 50 cents lower. Feed baTley declined 25 cents. The upward tendency of wheat has given tho flour market a firmer tone and as a consequence buying is reported to be on a more liberal scale. According to New York advices, Belgium la out of the market for wheat. Tuesday la the day when the Belgians usually buy, tout no orders were in sight yester day. Poland is reported to have purchased T5O.O0O bushels of wheat and 400.000 bushels of rye Monday and there were additional rye orders on hand yesterday. Terminal receipts in cars were reported by tho Merchants Exchange as follows: Wheat Barley Flour Oats Ha) PORTU&ND Tuesday 2 0 3 25 2 . . . 4 105 415 2S0 1080 123 2023 340 SSS 1 13 ... 8 1 ... 2 ... 4 4 4S1 "0 W3 68 - 118 533 1 1 10 13 2 3 113 1S3 232 0SO 104 Ml 411 742 Year ago ...... Season to date . Year ago ...... TOCO MA Monday Year ago F-easou to date Year afro SEATTLE Monday ....... Year ago Season to date Year ugo ..8074 . .4S20 .. 12 . . 1 . .so.-vs . .&jC4 7 . . IS . .201.1 . .33113 Ari'LES 43UIET IX COAST MARKETS Oregon White I'carmalns and Koines at Chicago Auction. The local apple market continues quiet, but the trade is hoping for a better move ment when the holiday demand opens up. Prices show a wide range. Some dealers are asking up to J3.Su for extra fancy varieties, but others are quoting $3 to (3.25 and only on the large sizes. Good average grades are to be had from $1.50 to $2.50. ' Tho Seattle market Is also quiet, with the first Winesaps moving out. Retailers are paying $2.75 4j3 for extra fancy large, $2.50 for medium and $2 for small. In San Francisco the market Is draggy, weak and tending lower. Sales direct to retailers are: Fonr-tier California New towns, $1.902.15: extra fancy Hood River Spltzenburgs, $2.00(8 3 ; ' fancy, $2.50(32.75. "Washington .Winesaps, extra fancy, $2.75; fancy, $2.502.75. I'ackers at Watsonville seem to be very anxious to unload stocks on hand, which are understood to be con siderable for this late in the season. At northwestern f. o. b. points former prices prevail as based on $2.25 for extra fii.cy Winesaps and $1.7 lor extra lancy Rcmes. Oregon Pearmains sold at the Chicago auction at $2.30(6 3, averaging $2.70 for fancy medium to large, and fancy smail to medium Homes brought l.oou.oo, aver aging $2.10. Prices to jobbers In the east ern markets on northwestern fruit ranged aj follows: At New York Spitzenburg3, extra fancy large $44.50. medium to large $3.23 3.50, fancy medium to large $3,2513.50, few $3.75, small mostly $3; Delicious extra fancy large $5(65.50, few high as $, me dium $4 4.50, small $3.75 W 4, fancy me dium to large $1.50 5, few $5.25, small $3.25 3.50. At Chicago Delicious extra fancy me dium to large $4.50i&'5.50, small to medium $3.75 4.2", ; Jonathans extra fancy medium to large $2.5003, small to medium $2.2o 2.50; Winesaps extra fancy medium to large $2.753.25; small to medium $2.50 $2.75. Spltzenburgs extra fancy medium to largo $2.753.25; Homes, extra fancy me dium to large. $3 S 3.50; small to medium $2.502.75; fancy medium to large, $2.50 j!3.00. BCEEAIS MAY HE CONSOLIDATED plan Suggested for Uniting Crop Estimate and Market Divisions. Authority to consolidate the bureau of crop estimates and the bureau -of markets will be asked of congress in the agricul tural appropriation bill, the secretary of agriculture declared in his annual report to the president. In explaining the pro posed change, he said: "I have been influenced to take this course by a number of Important consid' eratiuns. The first is that each of the bureaus, in accomplishing the Important work with which it is charged, needs the additional Btrength that could be brought to it by some portion of the machinery of the other. In the second place, the legal duties of the two overlap in some direc Hons, and there is a natural and inevit able tendency for each bureau to duplicate a portion of the other's work. "This tendency would be eliminated by the proposed consolidation, and confusion in the public mind as to division of work between the two bureaus would be avoided. Furthermore, crop and market reports could be published together, and farmers and business men would have all the facts in one document.1 1'IITY CENT DECLINE IN SUGAR Local Market Follows Similar Cut Made By Refiners. There was a decline of 50 cents a hun dred in local Jobbing prices of sugar yes terday as a result of a similar drop in California refinery quotations. The new w holesale prices in this market are $il.50 on cane and $9.30 on beet granulated. NKW YORK, Dec. 14. Raw sugar, $4.76 for centrifugal. In refined, a leading re finer reduced list prices H cent a pound to the basis of BA cents for fine granu lated, while others were unchanged at 614 to 8M cent. ACTIVE DEMAND TOR OREGON EGGS Butter Market Is Steady With Limited Offerings of Cubes. The egg market was firm with fair re ceipts and a good local and shipping de mand. Buyers offered 58 (59 cents net Portland to country shippers and on the street current receipts sold at 5960 cents. Jobbing prices held at 63364 cents for cur rent receipts and 67&G8 cents for selects. Butter was steady, not many cubes were offered and sellers asked cents. Prints moved out at the former price of C3 cents for parchment-wrapped In box lota. Poultry and dressed meat receipts were moderate and prices generally steady. liajik Clearing. Bank clearings of the northwestern cities yesterday were as follows: Clearinirs. Balances. Portland J8.48S.737 $1,150,702 Seattle 5,53,8!i8 1(37.441 Tacoma 1,234,135 121,001 Spokane 1.7SS.520 413.220 PORTLAND MARKET QUOTATIONS Grain, Floor, Feed, Etc. Merchants' Exchange, noon session Bid WTieat Hard white .... Soft white White club .... Hard winter . . . Northern spring Red Walla Oats No. 2 white feed No. 2 gray ..... Ijec. Jan. S 1.75 1.6S 1.70 1.C8 1.6S 1.05 3S.50 Sti.00 1.75 1.63 1.70 1.6$ 1.88 1.S5 88.50 36.00 85 00 34.00 33. OO 35.S0 Karley Brewing 35.00 Standard feed 34.00 Milirun 33.00 Corn No. 3 E. Y. shipment 35.50 No. 3 Y delivery 35.75 FLOUR Family patents. 9.S0; bakers', $8.75: valley. J7.25; whole wheat. JS.20; graham, $$. MH.LFBBD Prices f. o. b. mill: Mill run. J37 per ton; rolled barley, $52054: rolled oats. JD2; scratch feed, JOS per ton. . CORN Whole, 5u: cracked. 03 per ton. HAY Buying prices, f. o. b. Portland: Alfalfa, $2223 per ton; cheat, $2223: clover, J22; valley ttmotny, J272; east ern Oregon timothy. 930. Dairy and Count rr Province. BUTTER Cubes, extras, 49 50c per lb.; prints, parchment wrapped, in box lots, 53c per pound; cartons, 54c; half more; butterfat, buying price, 4848c per pound at stations: 50c Portland delivery. EGG3 Buying price, case count, 58 & 60c. Jobbing price, to retailers, can dled ranch, 63 64c; selects, 67&6Sc; stor age, 58c. CHEESE Tillamook, triplets, price to Jobbers f. o. b. Tillamook. 80c POULTRY Hens. 17028c; springs, 22 22 Vic; ducks, 25&35C; geese. 25c; turkeys, live, 35c; do dressed, choice, 48c lb. , . PORK Fancy, 14c per pound. VEAL Fancy. 14c per pound. Fruits and Vegetables. FRUIT Orancres. navels. $4.506.50: apanese. S3 per bundle: lemons, $3.75 5.25 box; grapefruit, $4&8 per box. ba- anas. 12ttzl3Hc ner oound: grapes, 10 4f'20c per pound, $5.25' lug; huckleberries. 822c per pound; cranberries, coast, 90 per box; eastern, $19(20 per barrel; Nap les, $lj3.ou per box; pears, -.ju per ox. VEGETABLES Cabbage. 12?4C per pound; lettuce, $33 50 per crate; cucum bers, $L75(S'j per dozen; carrots, $1.50 o per sack; garlic, 2.-c; tomatoes, 4 per lug; beets, $1.502 sack; eggplant. 0c pound; cauliflower tl.ooaa per aoz. . celery, 80c(g $1.25 per doz; green peppers, liVi 20c per ib; sprouts, li sc per 10.; squash, 2a per pound; pumpkin, zftc er pound. POTATOES Oregon, ji.&osjii.Ta per iov pounds;' Yaitima, $2.252.oO; sweet pota toes, 6l.(fu6c per pound. ONIONS Oregon. $1.2591.50 per sack; California brown, $1.75Q2 per sack California fellow. $1.75 per sack; Spanish, $6.u0&.50 crate. Stanie G'rocetln. ' Local Jobbing quotations: SUGAR Sack hisis: Cane granulated 9c per pound; beet, 0.30c per pound. HONEY New, $7.5088 per case. . NUTS Walnuts. 22m. 28c: Brazil nuts. 35c; filberts, 21025c; almonds. 2630c. peanuts. 9tfM4c per pound; cocoanuts. 12 per dozen; pecans, 32 & 35c; chestnuts, 23 0 3-c pound. RICE Blue Rose. e per pound; ja pan style, 7 He per pound. b&Ab small wniie, oc; large wnun. 6e: uink. Tc: lima. 10c; bayous. 12 "Ac: red, 7',ic per pound. COrt fca Koastea. ouik: arums, siw 11c per pound; sacked, 2227o per pound. SALT Granulated. Dales, liiimtzi, half ground, ton. 5Gs. $19.75; 100s, $18.25; lump rock. $26.50 Provisions. Ixcal Jobbing quotations: HAMS All sizes, 3538c; skinned. 859 89c; picnics, 25c; cottage roll, 33c. LARD Tierce oasis, -oc; snoriening. 17 He per pound DRY SALT Short, clear decks, -no 300 per pound, plates 22c. BACON f ancy, uujo4c; stanaara, s-8 per pound. Oils. LINSEED OIL Raw. barrels. $1.01: rtrnnia. SI. OS: cases. 1.16. Boiled, barrels. $1.03; drums, $1.10; cases, $1.18. lUBrDilll.fi A tiiie-o, fi.il, cases $1.56. COAL OIL TanK wagons ana iron Dar in, 171,4c; cases, 30 37c. FUEL OIL Bulk. S2.35 per barrel. GASOLINE Tank wagons and iron bar rels. 29c; cases. 41 Ho Hides, Pelts, Etc." , HIDES Salt hides, all weights, 6c per pound; green hides, all weights, Ac; salt bulls, all weights. &c; green bulls. 4c; calf skins, green or salt, be; kip skins, green or salt, 7c; dry hides. 12c; dry salt hides. 9c; dry calf, 15c. Above prices for country hides and skins. Prices for city skins and hides follow: Calf skins. 10c per pound; kip skins, be; city packer hides, green, 6c. PELTS Salt pelts, full wool. 25&40c each; dry long wool pelts, line, 7c lb.; dry long wool pelts, medium, 0c lb.; dry long wool pelts, coarse. 4c lb. TALLOW No. 1, 5c; No. 2. 4c per lb. CASCARA BARK 1020 peel. 8c per lb. WOOL ANU MOHA1K Nominal. HOPS 1920 crop, 2531c per pound S.xNv FRANCISCO PRODUCE MARKET rriccs Current on Vegetables, Fresh Fruits, Etc., at Bay City. SAN FRANCISCO, Dec. 14. Buttei Extra grade. 49M:c; prime firsts, 49c. Eggs Fresh extras, 83c; extra firsts. Sic; extra pullets, 71,c; undersized, 71c; Cheese Flats, fancy, 2ic; firsts, 24c. vegetables Egpplant, southern, 7Uc summer squash, 75ci$1.00; potatoes tstreet prices), rivers, $1.00ral.75: Salinas, $3.50 sweets, 33V2C lb.; onions, Australian brown, 7585c; white, $1.50l. 75; green onions. $14&125 lug; beans, 15&20c; lima, 1012c; bell peppers, bay, lug, 7i'&90c tomatoes, $2&2.50; cucumbers. San Deigo, $1.50'fr2.2; celery, crate, $22.o0; gar lic, 7&10c; cauliflower, 90c$l dozen; cab bage, -lc per pound; peas, southern, small lOfMc, large 15frl8c; rhubarb, $2.2. 2.75; sprouts. 5c; lettuce. $1.50L75 artichokes, i0c1.2u dozen. Poultry Hens, 3032c: strictly young roosters, 3033c, old 2122ct fryers, 3 42c; broilers. 50(g)55c; ducks, Pekin. 30 35c: squabs, 65(170c: Belgian hares, live. 24$r 27c; turkeys, dressed, 43 'q 50c; pigeons, $3(n 3. to; geese, 323jc. Fruit Navel oranges, $3.505; lemons, $2.504j2.75; lemonettes. $1. 50(5)2; crape fruit, new crop, $2.503; Arizona, $3.50 4.50; limes, $ l.au 2.2j half orange box tangerines, $2.503.25; apples, Bellefleurs, xi.au2; pears, winter Nellis. I2.503, bananas. 9llc; cranberries, Oregon. $6 dates, 1922c. Receipts Flour, COG quarters; barley, biu sacks; beans, 781 sacks; eggs, 2S.411 dozen; sugar, 3000 centals; potatoes, 105: sacks; meal, 421 centals. Coffee Futures Lower. NEW YORK, Dec. 14. There was further decline In the market for -coffee futures today with March contracts sell ing at 6.73c, or into new low ground for the season. The general market opened at a decline of 10 to 15 points in response to disappointing cables, with net losses of 14 to 17 points during the middle of th dny with May selling at 7.10c compared with 7.07c, the low record of October 16. There was some scattered coverln which checked the decline around thes figures, but last prices were within few points of lowest, showing net losses of 12 to li points. December, 6.1ic;?Jan uary, 6.40c; March, 6.77e; May, 7.14c July, 7.45c; September, 7.70c; October, 7.82c. Spot coffee unsettled; Rios, 7s 66c antos, 4s vviimc. Seattle Dairy Frodoce. SEATTLE. Dec. 14. Eggs Select, local ranch, white snells, Ouc; puliets, 55c; stor age, o-tc. BUTTER City creamery in cubes. 5 bricks or prints, 53c; seconds in cubes. 46c bricks, 47c: country creamery, extras, cos to jobbers In cubes, .i0c; storage, 47c. Metal Market. NEW YORK. Dec. 14. Tin easy. Spot and neamy. d-.o'e; lutures, iJ4.7u (CP35.00 Zinc steady. East St. Louis delivery spot 5,87 Gl'O.OUC. Others unchanged. Hops. Etc. at New York. NEW YORK, Doc. 14. Hops easy; atat 102O. 42i'47c; lull. 35ff38c: Pacific coast. 102O, StiI4UC; JU-iH, AtgdK. Hides and wool unchanged. Dried Fruit at New York. NEW YORK. Dec. 14. Evaporated an pies dull. Prunes dull and easy. Peaches dull. Cotton Market. NEW YORK. Deo. 11. Spot cotton quie Middiicg, lo.oOc. FARMER- RELIEF FACTOR EXPORTERS AXD MILLERS BID ACTIVELY FOR "WHEAT. Clvlcago Buyers Also Believe That Liquidation of Grain Is at an End; Last Prices Higher. CHICAGO, Dec. 1. Wheat prices ad vanced today, influenced more or less by action of the United States senate looking to relief of farmers. The market closed unsettled, 13ic to 8Hc net higher with- oeeemoer i.ot and March $1.64 to $1.65. Corn gained He to l',4c and oats c to c. In provisions the outcome varied from 20c decline to 10c advance. Bulls in. the wheat market received en couragement not only from steps taken to facilitate government aid to agricultural interests, but also from fresh signs that the period of liquidation in grain was at an end. Meanwhile exporters and millers were said to be active bidders and Poland was credited with taking 750. OOO bushels of wheat and 4OO.0OO bushels of rye at the seaboard. Evening up of trades so as to be prepared for any surprise in the gov ernment crop report after the close was a further bullish factor. Besides, country offerings were not large and were readily absorbed. An eastern house sold heavily In the last half hour, but resistance proved stubborn and the market was rallying at the finish. Corn and oats displayed some independ ent strength. Provisions averaged lower. jojjo eiq-rraioreal on l-rso eirsm jfu o The Chicago market letter received yes terday by Overbeck & Cooke Co. of Port land said: WHEAT. The news from Washington on the revival of the war finance board turned sentiment to the constructive side of the market and stimulated sufficient short-covering to cause an advance of5 cents from yesterday's close. Other fac tors of greater potency were of a diversi fied character, but had little influence un til shortly before the close when it was apparently realized that the absence ol export buying today might be indica tive of a cessation in the demand from that quarter which would create a more bearish situation. Cash prices were 3 cents to 4 cents hieher and Dremiums ithout change. MinnpaoAlU nunteil spring wheat premium 1 cent to 3 cent" wer. Lntii there is a marked Imiorove- ent in the general business and financlit! utlook. we think it will nrovft unnrnfit. able to assume a bullish ' attitude. cukn. i-iad a strong tone and ad anced easily until late in the dav when he trend was completely reversed and he close was rather weak, at onlv a fractional net gain over yesterday. The oi me wjijins on me ouige was ol n impressive sort, having the appearance f being against cash purchases in the country. OATS. Buying by houses with north- estern connections was the feature and prices responded to the advance in other grains. Spot premiums were without special change. The shipping demand re mains of a hand-to-mouth character. HIE. Had a firm tone and advanced readily in sympathy with wheaL Some small amounts were reported sold for ex port, while, on the other hand, the sale of 25, OOO bushels to store here reflected a oor demand. fepot premiums were un hanged at 1 cent over December for No. grane. PROVISIONS. Declined at the one-n- ns. gained strength in svmnathv with grains and later turned easy again on earns creaitea to packing interests. Un- n tnere is some indication that the de ression in hogs is at an end we think the tendency of products will cotitinim downward. Leading futures ranged as follows: WHEAT. Open. High. Low. Close? $1.69 $1.7014 1.61 1.04 .72 .72 .73 .73 .49 .50 H .499 .49 Dec $1.09 $1.73 Vi 1.61 hi 1. 67 4 CORN. Mar.. May.. .74 Vi .75 OATS. .50 .50 uly . . .73 May. .49 .49 'J uly. MESS PORK. 22.00 22.40 22.00 LARD. 13.65 13.92 13.60 13.50 13.85 13.50 SHORT RIBS. 31.50 11.70 11.50 12.00 12.20 12.00 22.30 13.65 13.70 11.55 12.02 No. 2 yellow. No. 3 Jan. . . May. . Jan.. . May. . Cash prices were: Wheat No. 2 red !.012.06; c; No. 2 hard, $1.81 A. Corn No. 2 mixed, 75c; 81 '4 82c. Oats No. 2 white. 60 i ? 50 &e; white, 49Vi50c. Rye No. 2, 1.08i4. Barley 05 80c. Timothy seed 85. 50 6. 75, Clover seed $1520. Pork Nominal. Lard $13.65. Ribs $1113. Minneapolis Grain Market. - J11A.MSA1-OUS. Dec 14. Wh 1 uiir. iiormern. l.til i4 1 .7H : to arrive, n.ntt. ivo. 1 dark northern Montana, t."o-4 m . i-it ; 10 arrive, i.s; fancy, $1.71 it 1.72; to arrive, $16 9. Flax. 'No. 1, $2.104 S'2.1114. Futures: Wheat. Deuemhoi- ti .-.t.-. . March, $1.0714. ' ' Winnipeg Grain Market. WINNIPEG. Dec. 14 'h.i $1.79'5i; March, $1.794. Dululh Linseed Market. DULUTH. Dec. 14. Linseed on trarv on Grain at San Francisco. BAfl ! KANC1SCU. Dpf 1 -1 r- , h neat, j.ticnt;.6j; barley, spot feed. $1.50 oats, reu leeo, si. 65 1.75; corn wniie Egyptian, $1.72.S5; red milo, $2 Hay Wheat, fancy. $2728; tame oats $23&26: wild oats, $1317; barley, $15' 19; ulfalfa, $2024. Seattle Grain Market. SEATTLE. Dec. 14. Wheat, hurfl whit. soil wniie, wnite club, hard winter. rd winter, northern spring and eastern Walla i.w; reu nana l.bO; Big Bend blue steam $1.70. Hay Alfalfa $20 ton: donhl ,nmnr..j alfajfa $35; ditto timothy $40; -eastern W ahington mixed $37. Eastern Dairy Produce. NhW YORK. Dec. 14. Butter firm creamery Higher than extras, 5535c creamery extras, MtfMhc; creamery Iirsts, 4'tf 53C. Eggs Unsettled: fresh eathered enn ui-sis, oosbic; iresn gathered. S3S5c. Cheese Steady; state whole milk flAt fresh specials, 24 25c; others unchanged. CHICAGO, Dec. 14. Butter, firm creamery, 33 49c. 1-SSs ensouled. Receints. 1201 n. firsts, ij&ioc; ordinary firsts, 6570c. at marK, case included, t309c; refrigera inr- firclu .Ml fn r.T . Naval Stores. SAVANNAH,- Ga., Dec. 14. Turoentln quiet, 924c. sales, none (last sale Novem ber 20); receipts, 449 barrels; shipments, Xi.i Darreis; stocK, i,i3 barrels. Rosin quiet; sales none (last sale No vember 12); receipts. 1313 barrels: ship ments, 335 barrels: stock, 76,272 barrels. Quote: B, D, E, F, G, H, I, K. M, N, lj, WW, fli. HOES LOWER AT YARDS MONDAY'S ADVANCE IS MORE THAN AVIPED OUT. Prices Decline 75 Cents to $11.25 for Best Grade Xo Receipts In Other Lines. The local livestock market yesterday more than lost the preceding day's gain. Prices at the yards dropped off 73 cents, which left tho top quotation at $11.25. There were no receipts in other lines and no occasion to change prices. The tone of the cattle market was reported steady, while the sentiment in the sheep trade was weaic Receipts were 191 hogs. The day's sales were as follows: WL Price. wt. Price 2 steers 635 $4.50 1 hog., 800 0.25 3 steers 876 5.25 8 hogs. 272 11.25 1 steer. 860 6.25 18 hogs.. 195 $11.25 15 steers 876 6.RO 2 hogs. . 830 8.00 16 steers 1075 6.00 2 hogs. . 150 10.00 lcow.. 9SO 4.0.1 8 hogs.. 170 11.00 4 cows. 902 5.15 2 hogs.. 125 9.75 lcow.. 830 2.75 lhog... 870 8.00 lcow.. 830 2.75 13 hogs. . 220 11 00 lcow.. 790 2.00 15 hogs.. 228 10 OO lcow.. 980 4.00 2 hogs..' 820 9.00 Scows. 8 2.75 8 hogs.. 218 11.00 Scows. 850 4.0010 hogs. . 181 ll.no lcow.. 1350 C.iuj 2 hogs.. 240 11,00 10.75 . 11.00 11. 0U 9.00 11.00 11.00 11. CO) 10.50 11.00 50 6.50 6.00 6.50 6.75 6.35 5 25 6.00 5.00 8.R0 6.50 2.50 8.50 1.50 2.50 The following nrices are current at the local yards: Cattle Price. Cloico grass steers 8.50 8.7S Good to choice steers 8.00 8.50 Medium to choice steers T.50 8.00 Fair to good steers........... 7.00(& 7.50 Common to fair steers. ...... . 6.00 7.00 Choice cows and heifers 6.60 7.06 Cood to choice cows, heifers.. 6.00 6.50 Medium to good cows, heifers. 6.504? 6.09 Fair to medium cows, heifers. 5.00 5.59 Common to fair cows, heifers. 4.00 6 00 Canr.ers ..................... 2.50 3.50 Bulls 6.00 6.00 Choice dairy calves. .......... 13.0014.0 Prime light calves 11.00 13.00 rteavy calves Besf feeders Hogs Prime mixed Smooth heavy Rough heavy Fat pigs , Feeder pigs Sheep 7.00 9.00 ... 6.75 7.25 ... 10.7311.23 ... 10.25 10.75 . .. 7.50 9.25 ... 9.00 ft 10.00 . .. 0.00 10.00 Bast-of-mountaln lambs T.00 8.00 6.00 7.00 6,00 6.00 6.0O 6.00 TOO 5.00 6.00 5.00 6.00 1.00 4.00 alley lambs Feeder lambs Cull lambs Light yearlings Heavy yearllnas Wethers wes . Chicago livestock Market. CHICAGO. Dec. 14. Cattle Receipts. 3,000 head; bologna bulls, steady; good nd choice, $5.7506: calves, steady: best vealers, $10; bulk, $99.50; canners, 25c lower, mostly $3.253.0; practically noth ing doing on all other classes; market looks weak to lower. Hogs Receipts, 56,000 head; mostly 40c 50c lower than yesterday's average; partly load early. $9.23; practical top, $9.15; bulk. $S.809.10: pigs. 2540c lower; bulk desirable, 80 to 130-pound rs. $S.S09.15. Sheep Receipts. 13,000 head, consider ing wet fleeces; killing classes strong to 5C higher; no early sales choice fat Ir.mbs; heavy yearlings, $10; best fat ewes, early, $3.75; feeders, steady. Omaha Livestock Market. OMAHA, Dec. 14. Hogs Receipts 12,000 head; slow, mostly 5075c lower; bulk. medium and light butchers, $S.60(B8.90: early top, $9.10; bulk strong weight butch- rs and packing grades, $8.258.f0. Cattle Receipts, 10,000 head; beef teers slow to 25c lower; she stock, 25 0c lower; bulls, weak; veals, 50c lower; few e&rly sales of stockers and feeders. bidding - unevenly lower." Sheep Receipts, 6000 head; killing classes fully 25c higher; bulk lambs. $10.50 11.50; top, $11.75: yearlings, $S8:10; op. $8.75; ewes, S4o; choice wethera $6.50; feeders steady, few here. Kansas City Livestock Market. KANSAS CITY, Dec. 14. Cattle. Re ceipts. 12, OOO; very dull; most killing cat tle selling unevenly 2oc lower; bulk steers S.7o; bidding 50c lower on better kind; bidding $3 5.50 on best fat cows; vealers 25c lower; best kind around $10; stockers and feeders steady. Sheep Receipts. 60OO; best ewes 35c to 50c higher; other killing classes, sheep nd lambs steady to 2.c higher; handy weight ewes $3.50; yearlings $9.50; native lambs $11.85. Seattle Livestock Market, SEATTLE, Dec. 14. Cattle Receipts. 16: best steers $3.509; medium to choice 8; common to good $56.50; best sows and heifers $6.2o6.7; medium to choice 56; common to good $3.505: calves $6 ujij; duus ?4o.u. Hogs Receipts, 160. Prime $11.75 12.25: medium to choice $10.75 11.75: smooth heavies $9.7310.25; rough heavies $7.73 to 8-2 j; pigs 9.5010.5O. WATER PROJECT APPROVED Construction on Yakima-Benton Irrigation "Unit to Start Soon. PROSSER, Wash., Dec. 14. (Spe clal.) Directors of the Yakima-Ben ton unit of tho Sunnyside project have approved the contract for the water storage and canal system which will compose the high-line extension of the Sunnyside canal and have re timed the contract to th department of the interior. t Forty years is the time allotted for payment, beinff proportioned in small annual installments with the interest charge. This will eventually make certain a plentiful supply of water for the region tributary io Prosser and n this district and add 65.000 acres to the irrfg-ated area. It seems probable that construction will be commenced at an early date for the district, according" to United States reclamation service engineers who are supposed to be in the field making final surveys. Aberdeen Grocer Disappears. ABERDEEN, Wash,. Dec. 14. (Spe cial.) fears for the safety of Emil Holm, Aberdeen grocer, are enter tained by his wife and the police. Holm, who lives at 612 North Park street, disappeared from his home at i o clock Saturday and has not been seen since. Mrs. Holm says her hus band had been morose several days. Two Injured in Auto Accident. ABERDEEN, Wash., Dec. 14. (Spe cial.) Norman Ray and Lloyd Bloom field, both of Elma, were Injured Saturday when a car which Bloomfleld was driving crashed into a telephone pole near the Hunter s Prairie school. Bloomfield was taken to the hospital for treatment. DAILY CITY STATISTICS Marriage Licenses. LUKE-BARKER Frank O. Luke. 20, 930 Montana avenue, ana je.ua ai. sarxer. ik. 30 East Seventy-eighth street North. BAKNBTT- WARN Ell Oarfield Harnett, 39, 8 Buchtel avenue, and C. Estella War ner; 40. same address. HASTAY-GRADY Roscoe M. Hastay, 26, 1830 r isk e street, ana .Blanche urady. 22 same address. CLARK-SMITH Ray R. Clark, legal. 1410 East Thirty-fourth street, and Ruth McNary bmlth, legal, Portland. Vancouver Marriage Licenses. WALCHER-HANSEN Nester C. Wal Cher, 27, of Portland, and Mrs. Lois M Hansen. 22 of Washougal, Wash. ADAMS-HOWELL Harry A. Adams, 32 oi neeasport, r., ana Airs, neien SAILOR-MESPLIE Allen Floid Sailor, 44, o" Portland, and Mrs. Alma M. jueS' Pile. 37, of Portland. McVOY-KBLLY Arthur Leslie Mcvoy 21, of Skamokawa, Wash., and Hilda C. Kelly, 20, of Skamokawa, Wash. JIORTON-HA Ml L TON James Morton, 22, of Portland, and Elizabeth Hamilton, 23, of Portland. HOCKINSON-WELCH John Hocklnson. 20, of Portland, and Inez Welch, 16, of Portland. HUNTER-FROST John Hunter, 56. of Eugene, Or., and Mrs. Rose Frost, 52, of Springfield. Or. GARNER-KENNEDY Wisdom S. Gar ner. 31. of Portland, and Mrs. Elenor Ken QO . 1 .... 1 .... .) hIrt'maN-SEXTON Charles Hartman, 25, of San Diego, Cal., and Mrs. Inez Sex ton. legal, of Hood Klver, or. SOUTHER LAND-DUNN Frank South erland, 35, of Camas, Wash., and Mrs, Stella Dunn, 29, of Camas, Wash. LOWBLL-DAVIS Jay R. Lowell. 81. o Lincoln, Neb., and Mrs. Clara R. Davis, 29. of Pendleton. Or. BREWER-DIEHL Abner W. Brewer, 73, or Vancouver, ana Airs. JMeuie juieni, 52. of Vancouver. C RUM-MILLER Louis O. Crum, 22, of Portland, and Mrs. Lottie E. Miller. 24, of Portland. PAYMENTS On climowA buyi tw Stock dividends. Write for aelacUd. list andboeklt-FREE. QtiTfrare Gf TvT? Govern 32BROADWAY, wew tors, crrx! 4 cows. 959 8.251 Ohogs.. 270 4 calves .105 12.00 8 hogs.. 255 3 calves 316 5.251 8 hogB.. 235 2 calves 120 12.50, lhog... 590 lcalf.. 230 13.00,17 hogs. . 260 5 hogs. 188 11.10 8 hogs.. 180 8 hogs. 155 11.25 3 hogs.. 153 7 hogs. 237 9.75 17 hogs.. 242 3 hogs. 123 9.75 4 hogs.. 230 8 hogs. 11 11.25 28 steers. 958 9 hogs. 190 11.00 22 steers. 1004 2 hogs. 160 ll.OO 5 steers'. 804 8 hogs. 156 11.00 9 steers. 870 lhog.. 410 8.00 7 steers. 040 8 hogs. 230 11.00 39 steers. 815 6 hogs. 173 10.75 Icow... B80 lhog.. 150 9.75 Scows.. 858 14 hogs. 186 111.25 15 mixed. 1015 7 hogs. 195 11.25 0 lambs-. . 60 2 hogs. 280 8.00 8 yearl... " 89 2 hogs. 175 11.00 8 mixed 78 3 hogs. 130 9.75 12 mixed . 122 lhog.. 430 8.00 26 mixed 93 2 hogs. 470 8.00 2 bucks. 150 on STOCKS AGAIN CLIMBING COXFILVEXT BCTKG IX QUARTERS OF LIST. ALL Specialties and Oils Register Ad' vances of Two to Seven Points. Bonds Do Not Share in Rally. NEW YORK, Dec." 14. Dealings on the stock exchange again were on a large and comprehensive scale. totaling 1,275. OOO shares, but the strong and confident un dertone was In striking contrast to the acute depression of the previous day. The money market was another stabil izing factor, call and time rates showing no deviation from recent quotations, de spite tho heavy shifting or transfer of funds arising from tomorrow's federal re quirements. Fundamental or-basic conditions, cur tailing general trade and industry, were uueu.uKeu ana railway earnings con tinued disappointing. Oils were the outstanding features, Mexican petroleum closing at a net gain of 7 points and Royal Dutch recovering more than half of yesterday's loss at an uv..ucB oi i. in tne steel, equipment, railroad, textile and food divisions ad vances of 2 to almost 4 points were largely retained, not a few final quotations being the highest of the session. Weakness was confined to soma of fh motor specialties and metals, the latter easing on reports of another reduction la i",wi ui rcuiica copper. Trading in foreien exchano . minimum, but greater steadiness Tire- vailed in rates to London and Paris, also to Spain and Northern Europe. Greek re zaltta.acea. however, reacting again. Bonds did not participate In the recov ery of stocks, most issues, including all the liberty group, easing fractionally to a oim oaies, par value. Ia.l.vi noo Old nited States bonds wr ,,n,on.. call. CLOSING STOCK QUOTATIONS. , Last High. Low.- sale. 4 47 4'J 24 23 24 14 126 122T4 126 43V, 4214 42 38 36 30 82 79 81 41 39 41 Vs 88 84 87 70 08 '4 70 98 97 1)7 06 62 65 6' 6V4 3S 37 37 81 V, S014 '811.4 110 105V4 110 8' 85 Vj 89 33 30 32 T 54 51 '4 54 9'A 8 9 . 25 22 25 113 111V4 113 38 36 38 73 72 Vi 73 57 '4 55 4 87 V 27 25V 27Vi 71 Vi S 71 Vi 25 23 ,23Vi 18 Vi 18 ISVi 26 Vi 25 26 Vi 68 63 U7 84 81 84 21 J9V4 21 13 1 1 T4 13 119V4 118 119"4 13 12 13 74 V4 72 74 84 84 84 30 Vi 3u 80 '4 50 4SV4 49 32V4 12 12Vi 49 Vi 47 49 Vi ISVi 16 18V4 17 16 16 99 99 99 162 161 162 15 15 15 11 11 11 31 30 30 18 16 IS DO 50 50 8 8 8 70 6S 69 17 16 li 96 03 Vi 96 77 74 77 3 8 3 79 75 78 40 39 39 31 30 31 11 11 11 84 80 84 63 60 63 53 52 VS 03 5 5 5V4 38 37 87 24 23 24 74 98 !.- 98 21 19 21 60S 601 601 42 40 41 44 41 43 IS 17 IS 51 49 51 7 7 7 V, 116 112 115 19 16 19 66 64 63 54 52 54 64 62 64 50 78 79 lOO 103 Vi lOB 50 49 50 84 84 84 41 40 41 . 5 6 Sales. 4.100 3 400 3.70O 1.300 6.600 Beet Knsr American Can Am Car & Fdy m n ju t i a m Inter Corn American Loco 4,500 m smt St Rfg 11.200 mencan Kug 5,300 m Sum Tob 2.300 m Tel & Tel 2. aon Amer Woolen 14,6(K m z L & S 600 naconda Cop 27.6O0 tchison 13..10O Ati Gf & W In 7 tn Baldwin Loco 31,600 Balti & Ohio 10,900 Bethle Steel R io 4 no But & Sup Cop 1.5O0 Cal Petroleum 8,000 Canadian Pact 7.4O0 'entrl Leather 4.700 Chandler Mtrs 3.600 Ches &" Ohio 4.5O0 Chi Mil & St P 9.800 llic'go & N W 3,800 'hi R I & P 12.4O0 hino CoDDer. . 3.400 Colo FI & Iron 1.2O0 Corn Products 24.100 Crucible Steel 18,000 Cuba Cane Sug 1,700 Ji-rie o.too enerl Electric 2.300 Generl Motors 44.UOO Grt North Pfd 11,400 uinois bentral Tin) nsplr Copper 4.700 nt Jie Ala fia o.ooo nterna Nickel 8.900 nterna Paper 1.200 Kan Cty South 2.200 Kenne Copper 10,200 Louis & Nash 200 Mex Petroleum 45,800 M'jamJ Copper l.OO Mid States Oil 18.200 Midvale Steel 7.800 Missouri Pacif 6,100 Monta Power 50O Nevada Copper 2,800 New York Cen 6,100 N Y N H & H 14.400 Nor & Western 2,500 Northern Pacl 17.SOO Ok Prd A Rfr 6.200 Pan-Am Petrol 14.S0O Pennsylvania.. 6.4O0 fitts si W Va 2.3DO Ray Con Cop 3,500 Reading 23.000 Rep Ir & Steel 11,000 Royal D N Y 19,400 Shat Ariz Cop 300 Shell Tr & Td 5.0OO Sin Oil & Rfg 81,000 Southern Pacl 40,000 Southern Rwy 9,000 S O N J.... 2.400 Studebak Corp 9.600 Texas company 20.500 -rexas & jvacir a.twH! Tobacco Pdts 2.7IH) Transconti Oil 6,600 Union Pacific 13.5O0 U S Food Pdts 3.400 U S Ind Alchl 8.8O0 U S Rtl Stores 5.500 U S Rubber.. 7.20O U S Steel.... 90. 0O0 U S Steel Pfd 900 Utah Copper. . 9,100 western union 6H) West Electric 2.700 Willys - Overld 1 1.OO0 BONDS. U S Lrb 3s.. ."O.OSlPan. Ss coup... 99 99 74 61 68 73 ao Jst 48. . . ,'Kd.ofl: Am. 'l&T cv 6s do 2d 4s S5.12IAtchen gen 4s.. do 1st 4s. .86.08 D&R G con. 4s do 2d 4s. ..85.20IN Y C deb 6s,. do 3d 4 s. . .8.8.00 Nor. Pac. 4s... do 4th 4s.. .83.82!Nor. Pac. 3s.. 53 79 Victory 3s 90.16'Pac. TT 5s. do 4s yo.iifenn. 4s -88 98 84 80 U S 2s reg 100 U S 2s coup,. .MOO Sou. Pac. cv 5s Sou. Ry 6s ... Union Pac. 4s. U S Steel 5s. . U S 4s reg 1I4 U S cv. 4s cp..104 Pan. s reg... . "89 80 Bid. Mining Stocks at Boston. BOSTON. Dec. 14.- Allouez 18 Osceola 24 Ariz. Com. ... Qulncy 36 Cal. & Ariz. .. 42 Superior 3 Cal. & Hecla.. 207 Supr. & Boston 1 Centennial ... 6 Shannon 80 Cop. R. Con... 26 Utah Cons. ... 3 East Butte Cp. 7 Winona 33 Franklin .... z l-SlWolverine .... 10 Isle Royalle .. 17 Granby Cons... 17 Lake Copper.. 1 Green Cananea 20 Mohawk 44 North Butte .. 10 'Bid. Old Dominion. . 13 Money, Silver, Etc. NEW YORK, Dec 14. Prime mercantile paper unchanged. Time loans firm, eo days, BO a ays. 70 7 per cent. Call money, steady, un changed. Bar silver, domestic unchanged: foreign 62 Vic. Mexican dollars, unchanged.! LONDON, Dec. 14. Bar silver, 40 d per ounce. Money and discount, unchanged. Swift ft Co. Stocks.. Closing prices of Swift & Co. stocks at A Security of Better Than 5 to 1 Legal for Oregon Savings Banks Chicago were reported by Overbeck & Cooke Co. of Portland as follows: , ... a MA PWUt E 1.0 "1 Swift International 25 Llbby. McNeil & Libby 11 National leather 8 Foreign Exchange. Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portland. The - amount quoted Is the equllavest in United States dollars: Country. Foreign unit. Rate. Austria, kronen $ .0029 Belgium, francs ............... .0624 Bulgaria, leva 0118 Czecho-Slovakla. kronen .......... .0116 Denmark, kroner .1530 England, pound sterling.... 3.49 Finland, finmark .0238 France, francs 0592 Oermany, marks .013S Greece, drachmas ................. .0753 Holland, guilders 3O80 Hungary, kronen 0222 Italy, lire 0350 Jugo-Slavta, kronen 0073 Norway, kroner ................... .1511 Portugal, escudos 1190 Roumania. lei ,.s.................. .0136 Serbia, dlnara 0286 Spain, pesetas .................... .1322 Sweden, ksbner .1952 Switzerland, francs 1943 China Hongkong, local currency 5375 Shanghai, taels 7550 Japan, yen j. .5000 NEW YORK, Dec. 14. Exchange irreg ular. Sterling, demand, $3.46; cables. $3.46; francs, demand. 5 84; cables. 5.86. Belgian francs, unchanged; guilders, de mand, 30.50; cables, 30.70. Lire, demand, 3.44; cables. 3.46: marks, demand, 1.34: cables. 1.36; Greece, demand, 7.33. New York exchange on Montreal, 13 15-16 per cent discount. Cowlitz Marriage Licenses Issued. KELSO, Wash., Dec. 14. (Special.) County Auditor R. A. Davis has issued marriage licenses to the fol lowing couples during the past few days: Fred E. Perry, Chicago, and Edna Wright, Minot, N. D.; Charles Bryson and Josephine Killduff, Rainier. Or.; A. L. Swager and Vir ginia Mclrvin, Vancouver, Wash.; R. L. Pierce and Grace Vaschrean, Se attle; Manley.M. Roberts, Vancouver, and Mrs. Lenora Revellee, Great Falls, Mont. DAILY METEOROLOGICAL REPORT. PORTLAND. Dec. 14. Maximum tem perature, 44 degrees: minimum, 31 degrees. River reading, 8 A. M., 9.8 feet: change In last 24 hours, 0.2 foot rise. Total rainfall 5 P. M. to 5 P. M.), 0.01 inch: total rain fall since September 1. 1920, 17.3S inches; normal rainfall since September 1. 15.30 Inches; excess of rainfall since September 1, 1920, 2.08 Inches. Suhrise. 7:46 A. M. : sunset. 4:26 P. M. Total sunshine. 5 hours 16 minutes; possible sunshine. 8 hours 40 minutes. Moonrise Wednesday. 10:43 A. M. : moonset Wednesday. 9:52 P, M. Barometer (reduced to sea level) at 5 P. M., 30.31 inches. Relative humidity at 5 A. M., 100 per cent; at noon, 83 per cent; at 5 P. M., 50 per cent. THE WEATHER. s 3 . 3 c B STATIONS. I m K T Wind 3 a 3 o 3 ?" ' i- 7 a 5 2. B c r- S : ; ? :? : : ; : s ' I I Weather. Baker Boise 10J 280. 001.. ISE iClear S4 0.0O'..S telear Boston .... 580.82I18S (Cloudy Calgary .... Chicago .... 4OO.W01OIW lUlear 40 o.ooi3o:s jCloudy Denver Des Moines - 32 0.00 201 W 400.00 2o;n W 50i0.00 . .;N 2;0.00i. .'S Clear Cloudy Clear Eureka . . . Galveston . . Helena Clear 18 0.0O16 SW Clear Juneaut 30;34 0.581. .IS fCloudy Kansas Cityl 32 440.00'22;W Clear Los Angelesl 52i 74 O . OO' ... IN W IClear Marshf ield 3o! 56 0.00". .INWiclear Medford ... Minneapolis 281 48I0.0016K IPt. cloudj 24l 2;O.00!28iW Cloudy New Orleans! 62 O.OO! New 1 ork . . 58 0.36 26 NWIClear North Head. Phoenix .... Pocatello ... 36 4o.oo;2o:e ICloudy so oh o.oo . . w IClear 22 2810. 00,.. W Clear 31 4410. 01!.. !E ICloudy 32 42 O.OO!. .INWIClear 40 5OO.0OK.IE IClear Portland Roseburg . .. Sacramento. Ft. Louts . . . 3 50 o.on2SiNW!Pt. cloudy Salt Lake... -81 311 O.OO!. . IN . !Jlear 4Sl o.ool. .INWIClear 46 58 O.OOl. .IE IClear 8 2 1 4O0.00'.12 N IClear 32i3S 0.18,. ,'SE Cloudy San Diego. . S. Francisco Seattle Sitkat Spokane Tacoma . . . . Tatoosh Isd 34.0nl..!S (Clear 30 40O.0O12N Clear 3Sl 4 4 0.10 04;e Cloudy ..!! 0.0OI. .!.... , Valdezt Walla Wallal 321 42 0. 00! .. NE IClear Washington I 48! 680.16:. .W IClear Winnipeg ..I 4i . sw:n. cioucy Yakima I 2Q 3tt,0.O0..i IClear tA. M. today. P. M. report of preceding day. FORECASTS. Portland and vicinity Rain; strong southeasterly winds. Oreeon and Washington Rain In west portion, rain or snow in east portion; strong to wnole soutneasteny gaies on me coast. Southeast storm warnings were ordered at 5:30 P. M. Tuesday for all Oregon and Washington stations. A severe storm is reported approaching Vancouver island, with strong to whole southeasterly gales. Phone your want ads to The Ore gonlan. Main 7070. Automatic 560-95 LIBERTY BONDS REDEEMED AT PAR! Politz fwill redeem Liberty Bonds of all issues at par in exchange for a suit or overcoat, returning the difference in cash to you. FOR EXAMPLE A suit or overcoat selling at forty dollars gives you a balance of ten dollars in cash on a fifty-dollar bond, or a hundred-dollar bond will give you a balance of ten dol lars in cash and a fifty-dollar bond of the same 'issue. Politz Clothes Shop Corner Wahiiif?toii and Sixth. WHEELER Timber Company - 5-Yr. 7 Gold Notes This $400,000 issue is doubly se cured. First by more than $2,000,000 worth of timber and lands in California. Secondly, by the stockholders of the com pany. Call, phone or write for full information regarding this splendid bond. . Price 100 i I Yield , 11 LUMOEKMENS I MlP smith T&UST COMPLY JslMlNlffc j ; BROADWAY Al j 1 V. $60,000 5 Province o Exempt From AH Dominion Government Tax Dated May 1, 1915 . Due May 1, 1925 Denomination $1000 Price 90.75; to Yield 7V2 Semi-annual Interest payable May 1st and Sorember 1st TO YIELD FIJfAN'CIAIj STATEMENT Assessed value of taxable property $1,125,000,000 Total Bonded Debt J31.000.000 Less Telephone Bonds $14,500,000 Net Debenture Debt '..J 16,600,000 Assets of the Province j 136,000.000 Area: 255,285 Square Miles. Population 1919 (esti mated) 579.0U0. Telephone or Telegraph Orders at Our Expense MORRIS BROTHERS, Inc. "The Premier Municipal Bond House." PORTLAND, OR. MORRIS BLDG. Eo"elrUied 309-11 STARK BROADWAY 2151 Quarter Other Offices at SeattleTacoma, Century. Wash., and San Francisco. CaL sssssssssssssssssssasaa SAFE DEPOSIT BOXES ssssssssss Preferred Stocks Those preferred stock issues of 1920, which are sur rounded by all the protective features incident to the highest-grade note issues, including sinking funds and high call prices, and have the additional advantages of exemption from normal federal income tax, may be re garded as among the first to increase in market value. We recommend for investment THE CHARLES H. LILLY CO. 7 PREFERRED STOCK AT $87.50 PER SHARE, TO YIELD 8 lyth. Witter. & Co. . """usnEO SAXES GCNESJCT MUNIOPA1. AUD CORPGRKTIOll BONDS ' YEON BUILDING, PORTLAND Telephone Main 8183 San Francisco Seattle New York Los Angeles KINGDOM OF DENMARK SINKING FUND EXTERNAL GOLD LOAN Due 1945 Denominations $1000 - $500 Interest payable April 15 nd October 15 at The National City Bank of New York. Price to yield more than 8 Circular upon request for OB 353 The National City Company , Offices in more than 50 cities. Portland Yeon BIdp;. Telephone Main 6072 Vancouver, B. C. Gold Bfends Due February, 1923 Full details ' on request. t Bonds make ideal Xmas gifts. Freeman OROUNO PLOOK CAMP LtTMSnMKNS BUILDIM Firm and frrasuc COt - -war S740 a H To tl II yield Gold Bonds f Alb erta Principal and semi-annual in terest payable in United States Gold Coin in New York City or at the offices of Morri? Brothers, Inc. This issue of bonds is a di tax obligation of the en Province of Alberta and payable from its general rev-1 enue. Alberta Is one of Canada's most promising provinces and has every reason for unlimited development. Devoting itself mainly to ajrricultural pur suits. Its annual production of agricultural products totals 1260,906,954. Its production of other commodities is as fol lows: Game and Furs, $17S, 000; Coal and Coke. 116.254, 826; Manufactures, J40.000.000. Capital Ons Millioa Dollars Thi Long Swing Upwar Which, from all Indica tions is to be the next movement in the cycle of . stock market values offers unlimited possibilities for profitable investment. We have prepared & care ful survey of present mar ket conditions, covering the general situation and in particular the position of six high-yielding; dividend-paying stocks that appear greatly undervalued at prevailing quotations. Copy of this special bulle tin will be sent upon re quest, together with The Investment News, a week ly stock market analysis, and our booklet Thrift Savings - Investment, ex plaining how any listed stock of merit may be purchased on convenient monthly payment terms. Write Dept. PG-31 for complete data Ch FIRLE5 H. CtR RK5D N J 6615 roadway. - New York. IIUCUOtlESiRaCTOK, 7 ANDP A TJI7T1I UThe one hufre fortune build er that dwarfs all olher sources of wealth Is Real Estate. Otrr First Lien Mortgages, based upon 60 of the quick sale value of real property form one of the most substantial forms of invest ment known. Ask for booklet. Western Bond & Mortgage Company Main 115 80 Fourth St. f 4 v I r Inn 108.2I