21,
TIIE MORNING OREGONIAJf, WEDNESDAY, MARCH 23, 1921
PRICES m
CUT BY - MILLERS
Another Decline of 40 Cents
- in Local Market.
PATENTS LISTED AT $9
Lack of Tniformlty in First Quota
tions to City Trade Wheat
Weak anil Dull.
Another cut of 40 cents a barrel In flour
price u made yesterday, which brought
the market down to for family pat
ent, a total decline of SO cents since last
week.
It was 'the manner In which the changes
were made, rather than the amount of the
cut, thAt IsaVrested .men In the (rain and
milling; trades, showing:, as It did, a spirit
of competition In price-making; that bat
not always been apparent In the milling
business of the. northwest. Monday's de
cline from $9.80 to J9.40 was put Into ef
fect by two of the larger millers. Yes
terday, a third mill. Kerr, Gifford A Co.,
put out a 9 price with the statement that
th first cut was not deep enough.
"The continued decline in wheat prices
certainly meant a reduction of more than
40 cents a barrel in flour values," said
J. W. Oanong, a member of the firm.
Consumers are entitled to benefit from
the lower wheat market and we deter
mined to give them cheaper flour. There
fore we have made a total reduction of
SO cents from the eld price to a S9 quo
tation for family patents."
The cut was naturally followed during
the day by the other mills and the t9 list
price became general. There was nothing
to Indicate what the next step would be,
but mill men declared there was no flour
war on and no reason why there should
be one.
WHEAT BUYERS ABE HOLDING OFF
Trading Checked by Uncertain Condition
of Market.
Because of the uncertain conditions In
the market, wheat buying was reported to
be of very small proportions yesterday. It
was said a number of the larger farmers
were) showing signs of getting ready to
aeil, tut many buyers In the local trade
declared they were not In the market. At
the exchange hard white bids were 1 cent
higher and soft white 1 cent lower. Other
grades were - unchanged. Coarse grains
were also weak and very dull.
At Chicago, May wheat eold during the
day at $1.39. The previous low on May
this year was 11.40 on February 4.
According to eastern reports Argentine
wheat is being offered to England and the
continent at 6 cents over Gulf wheat.
Argentine wheat receipts are Increasing,
exporters are out of the market and the
government tax decree la considered bear
ish. N
The Canadian visible supply of wheat
decreased 1411.000 bushels. Gate increased
479,000 bushels and barley Increased S19S,
000 bushels.
Terminal receipts, In ears, were re
ported by the Merchants' exchange as fol
towe: Wheat Bar. Fir. Oats Hav
Portland, Tuesday 4H 2 S .. 17
Year ago 5 . . 7 . . 7
Reason to date,.120L'0 211 6.12 428 2005
Year ago 71L!fl ItiU 334:.' 413 10.-.S
Tucom-a, Monday -8 8
Tear ago 2:1 . . 30 . . 2
Seaeon to dte..3S18 47 776 109 777
Tear ago 6158 72 24511 182 7:19
Seattle, Monday
"Year ago 4 .. 3 3
Season to date.. 4002 191 311 334 ll.-,r,
Year ago r,2.t7 2:tl 652 028 1122
COMMODITY PRICES AGAIN LOWER
Decline From Tear Ago la More Than 28
Fer Cent.
As weekly records of prices had clearly
foreshadowed. Dun's index number of
wholesale commodity quotations disclosed
a further decline on March 1, the latest
figure being $181,921. While this repre
sents a recession of only 2.1 per cent from
the total of a month previous, and is the
smallest change noted for some time past,
the trend of most markets was again
strongly downward last month. Without
some recovery in breadstuffs and meats,
the decline in the March 1 index number
would have been more pronounced, for all
of the remaining five groups into which
the compilation is separated yielded more
or less.
The 'deflation of prices, which has been
in progress now for nearly a year, is ap
parently slackening in some quarters, but
no indication yet appears that the read
justment, as a whole, has been completed.
From the high basis of last May, Dun's
Index number has fallen practically 81
per cent, and Is now at the lowest point
reached since February 1, 1917. Compar
ing with a year ago, when only a tight
downward tendency was recorded, there is
a recession of a little more than 28 per
cent. The index number, however, is still
fully BO per cent above the pre-war basis,
and is 63 per cent higher than the average
on March 1 for the five years prior to
1914. In examining the price movements.
it is Important to remember that Dun's
index number is based on the estimated
per capita consumption of each of many
commodities, so that no single article has
more than its approximate relative weight
In the aggregate.
MTI.LS BUYIXO WHEAT IN CAXADA
Demand Not So Heavy As in Frst
Month of Year.
The monthly report of the board of
gram commissioners for Canada states
that the rail movement of wheat in ?eb
ruary fell off considerably as compared
with the previous month. Only 3,039 917
bushels were shipped from Fort William
and Port Arthur elevators, compared with
T, 154.950 in January to all points, while
interior terminals show a similar fa, Tug
off. A steady demand for high-g.-ade
wheat for United States mills continues,
though not nearly so heavy as fn January.
Wheat shipments to United S'atea points
for milling- from Canadian government
Interior terminal elevators amounted to
409.309 bushels, compared with 1,011.945
In January, and 568,899 bushels went to
United States interior points from Fort
William and Port Arthur, compared with
265.490 In January.
Distribution ' of shipments to Un'ted
States points in February from govern
ment Interior terminal elevators, In
bushels:
Puluth and Pacific
Minneapolis seaboard Others Total
Wheat. Sl5.85l .17.(175 16.783 6'i :io
Oats.... 7.737 1S.SU2 6.534 32.1 W
Rye.... 58 SO,
EGGS ARE BOUGHT AT 18 CENTS
Many Dealers Believe Prices Are New
at Bottom.
The lS-cent buying price, at which eggs
received from the country were taken
yesterday, will prevail again today. In
most quarters it Is believed that pr.ces
are now at the- bottom, though a few
dealers thought the market might drop
a cent or two more. The present quota
tion la discouraging to the producer, but
It Is pointed out that the market pilce
of eggs just now, as Is the case with
other farming products. Is governed by
financial conditions first of all.
The oube butter market a steady
with 40 cents paid for extras. Print sales
were fair and In some quarter! the price
was being shaded.
Poultry receipts continued limited and
firm prices were realize. DVeaeed mats
were steady.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday were as follows:
Ctearlnga Balances.
Portland 1.1,008.007 I1,0T.858
Seattle .'. 6,248.333 1,054.644
Tacoma 9l4,S06 273.2A2
Spokane 1,564.81111 603.116
PORTLAND MARKET QUOTATIONS
Grata, Flour, Feed, Etc
Merchant Exchange, noon session.
. Bid
Wheat , March. April. May.
Hard white $ 1.40 t 1.40 $ 1.40
Soft white 1.37 1.37 1.37
White club 1.37 . 1.37 1.37
Hard winter .. 1.83 1.34
Northern spring ' 1 32 1.33 ....
Red Walla 1.32 1.33 ....
Oats
No. 2 white feed 82 50 83.50 33.50
Mlllrun
Millrun 25.50 25.00 25.00
Corn
No. 8 B. T. shipment.. 80.00 80.00
FLOUR Family patents, $9; bakers'
hard wheat, $7.85; bakers' bluestem pat
ents, 37.85; valley patents, $0.50; whole
wheat, $7.40; graham, $7.20.
MILLFEED Prices, f. o. b. mill: Mill
run, $29 per ton; rolled barley, $4143;
rolled oats, $43; scratch feed, $56 per ton.
CORN Whofe, $39; cracked, $42 per
ton.
HAT Buying prices f. o. b. Portland;
alfalfa. $19 per ton; cheat. $22 23 per
ton; clover, $16; valley timothy, $2526;
eastern Oregon timothy, $27.'
Dairy and Country Prodace.
BUTTER Cubes, extras. 8940c; pints,
parchment wrapped in box lota, 45c; car
tons, 46c. Butterfat. buying price, A
grade, 42c; B grade, 40c Portland delivery.
EGGS Buying prices, case count, 18c
delivered; jobbing prices to retailers, can
dled ranch, 25'26c; selects, 27tf2Sc.
CHEKSB Tillamook triplets. price to
jobbers f. o. b. Tillamook, 33c; Young
Americas, 34c lb.
POULTRY Hens, 26033c; ducks, 45
50c; geese, 25c; turkeys, live, 35c; da
dressed, 45 50c.
PORK Fancy, 1616"4o per pound.
VEAL, Fancy, 17lc per pound.
Fruits and Vegetables.
FRUITS Navel oranges. $3.85 5.50 box:
lemons, f 3.504.75; grapefruit, $3.258.50
per box; bananas, 10llc per pound; ap
ples, $1.35&'4 per box.
VEGETABLES Cabbage, 2V43c per
pound; lettuce, $4&-4.25 per crate; car
rots, $1.25 per sack; garlic, 1520c pound;
beets, $1.50 per sack: cauliflower; $1.50 per
crate; celery, $4.50(5.50 per crate; green
peppers, 30 45c per pound; rhubarb, 16
20e per pound; spinach, $131.50 per box;
turnips, $2 per sack; sprouts, 2025c per
pound; tomatoes, $4.75 per lug; cucumbers,
$3y)4 per dozen; peas, 20c pound; aspara
gus, 22i'-e per pound.
POTATOES Oregon. $11.2S per 100
pounds; Yakima, $1.60(1.75; sweet pota
toes. $3.75 per hamper.
ONIONS Oregon, 11.60 per sack.
Staple Groceries.
Local jobbing quotations:
SL'GAR (sack basis) Cane granulated,
9Vic per pound; beet, 9.15c per pound.
NUTS Walnuts, 1535c; Brazil nuts,
34c; filberts, 1521c; almonds, 28$ 30c;
peanuts, 10l,lc per lb; cocoanuts, $2 per
dozen; pecans, 20c; hickory nuts, 16c
pound.
HONEY Comb, $7.75 per case.
RICE Blue Rose, eviar' per pound; Ja
pan style, 4 3ie per pound.
BEANS Small white. 54c: large white,
54c; pink, 7 4c; lima, 814c; bayou, llc;
red, 7''ic per pound.
COFFEE Roasted, bulk. In drums, 14
36c per pound.
SALT Granulated, bale, $8.504.25;
half ground, ton, 50s, $17.75; 100s, $15.50;
lump rock, $26.
DRIED FRUITS Italian prunes, 7'4c
per pound; dates, $3.75 & 7 per box; figs,
$24.75 per box.
Provisions.
HAMS All sizes, 3037c; skinned, 268
86c; picnic, 17?19e; cottaite roll, 30c.
BACON Fancy. 43'53c; choice, 80
35c; standard, -2628c.
LARD Pure; tierces, 17c pound; , com
pound tierces, 12c.
DRY SALT Blacks, 22925c; plates, 18c.
Wool, Hops, Etc.
WOOL Nominal.
TALLOW No. 1. 5c: No. 2. 4c pound.
CASCARA BARK 1920 peel, 8c pound.
HOPS 1920 crop, 16s.20c per pound.
MOHAIR Nominal.
GRAIN BAGS Carlots, 7c, coast.
Oils. "
W iaorlim rtTT D a war fa tisiwals Oiji 1
riCsEJ YJ Vtu vta w , in ui't"- --..
6-gallon cans, $ 1 .01. Boiled, in barrels, !
Vtc ; D-Kaiion cans, i. 1 1.
TURPENTINE In drums, 94c; 5-gaIlon
cans. $1.09.
COAL. OIL Tank whkotis and Iron bar
rels, 17V5:c; canes, 30ftz)37c.
GASOLINE Tank wagons and Iron bar
rels, 30c; cases, 42c
QUOTATION 3 ON DAIRY PRODUCE
Uarket Price Bulinsr on Batter, Cheese
and Egirs.
SAX FRANCISCO, March 22. Butt-r
Extras, 40c; prime firsts, iM)c.
Eggs Fresh extras, SS'ic; extra fl-sts,
28c; dirties. 27c. extra pultets, 7c;
undersized, 25 c.
Cheee Flats, fancy, 25 Uc; firsts, SCc;
Young Americas, fancy, 2tic; firsts, 2oViC
CHICAGO. March 22. -Butter Higher.
Creamery, extras, 4.e; standards, 42c.
Eggs Higher. Receipts, 57,434 caseo.
Firsts, 23&23 c. ordinary firsts, 20i&lc;
at mark, cases Included, 2222 ifce.
NEW YORK, March 22. Butter Firm.
Crefcmerjr higher than extras, 4tt'47c;
creamery extras, 46f& 4t1,4 c; creamery
f lists, 42-43c.
Eggs Firm. Fresh gathered extra
firsts, 26 'A 27c ; fresh gathered first,
24 ft 2 Ac.
Cheese Easy. State, whole milk flats
fresh specials, 20 6 - 5 c ; others, un
changed. SEATTLE, March 22. Egfrs Select
Io:al ranch white sheKs, 30c; select .ocal
ranch mixed colors, 28c; pullets, 2oc.
Butter City creamery, in cubes, 44c.
bricks or printa, 45c; country creamery
extras, cost to jobbers in cubes, 44c;
storage, 3Sc.
SAN rR AN CISCO PRODUCE MARKET
Trices Current on Vegetable, Fresh Fruits,
Etc., at Bay City.
SAN FRANC19CO. March 22. Vegetacles
Asparagus. S&12V&c; eggplant, nominal;
quash, cream. 65 75c crate; potatoes.
street prices, rivers, white No. 1, 1.75(0
2.00; aweets, Nancy Hall, $5 & 6.50; oniony,
Australian trown, 50c. green, 1.2(1 0;
celery, $1.50&3 crate; garlic, 7&10c; oell
peppers, T(& 20c; turnips, 5oc sack; beets,
$1.-W4r 1.50; parsnips, $22.25 ?ack, car
rots, 73c$l sack; peas, G124c; rhu
barb, Alameda, $22.50; lettuce, $1.752;
artichokes, 3ufef)U0c dozen; spinach, i(Qc;
peas, 6tf14c.
Poultry Hens, ZTq. 40c; strictly young
roos te ra, 4 2 (jr 45c. old, 22 25c ; fryers, 55
tj-ttGc; broilers, 48&tSc: ducks, 30rg;?5c;
squabs, 70 if 75c; pigeons, $3 50 dozen;
Belgian haree, live, 25&2Sc; jackrabblts,
$3 $i 3.50 dozen; turkeys, dressed, 50Hj!.Gc;
geese, 22 & 35c.
Fruit Oranges, navel, $24.75; lemons,
$2(?3.50; grapefruit, $23.54; tangerines,
$1.5K3.50; apples, $1.4tc3; banana, Uty
10c; dates, 17lSc; avocadoes, $3 it 8
Receipts Flour, 4462 quarters; wheat.
12.&00 centals: barley, 4$M cental; oats,
711 centals; beans, 2iil sack: corn, l-$7
centals; potatoes, 3247 sacks, onions. 2
sacks; hay, 49 tons; lemons, 400 boi.es;
hides, 617 bundles.
Coffee Futures Higher.
NEW YORK, March 22. Reports of an
Improvement in Rio exchange rates and
a higher Santos market were followed by
advances In coffee futures here today.
First prices were 20 to 27 points higher
and active months sold 30 to 32 points
above last night's figures, with the market
closing at a net advance of 8 to IS
points. Closing bids: March, 5.52c; May,
5.77c: July, 6.15c; September, 6.50c; Octo
ber, 6.63c; December, 6.00c; January. 7.02c.
Spot coffee, steadier. Rio 7s, 814 4? Ho;
Santoa -4s. 910c. ,
Naval Stores.
6AVAVXAH, March 22. Turpentine
Firm, 47c: sales 114 barrels; receipts. 80
barrels; shipments, 13 barrels; stock 6516
barrels.
Rosin Nominal. No sales; receipts. 147
barrels: shipments. 2 barrels; stock. 70,125
barrel. Quote: B, D, E, F. G, H, I, 14 25;
K, M, $4.35; N $4.50; WG, $4.75; WW,
$5.00.
New York Sugar Market.
NEW YORK. March 22. Raw sugar,
6.27o for centrifugal. Refined, 8.00c to
8.25c for fine granulated.
Cotton Market.
NEW YORK. March 22. Cotton Spot,
quiet. Middling, ll.Ooc.
DaJnth Linwed Market.
PULUTr, March 22. Unseed on track
and arrive, $1.7314.
EARLY LOSSES REGAINED
STOCKS CLOSE FIRM AFTER IR
REGULAR SESSION.
Motors, Oils, Steels and Equipments
Lead In Final . Recovery.
Rails Freely Offered.
NEW YORK, March 22. Irreiular ana
uncertain tendencies were predominant tn
the stock market today, although many
losses were canceled at the comparatively
firm close.
Announcement that the senate is likely
to adopt a resolution providing for an in
vestlgration of the railway situation Invited
fresh offerings of those Issues and passing
of the Vanadium dividend directed renewed
attention to adverse conditions in the steel
and allied tradea
Prospects of a double holiday late In
the week served as a check to bullish in
itiative. Motors and similar Issues, together with
oils, steels and equipments were foremost
In the final rebound. Specific features of
strength Included Studebak.r. Plerce-Ar-row,
Atlantic Gulf, Pacific Oil, Mexican
Petroleum, United States Steel, Baldwin
Locomotive and Northern Pacific. Many
extreme declines of one to two points were
reduced to fractions at the finish.
Sales were S0O.00O shares.
Call money held at the fixed rate of SH
per cent, while as low as S per cent was
again privately quoted.
Confusing movements ruled in the bond
market, liberty Issues, for example, de
clining while some foreign flotations were
appreciably better. Secondary rails and
minor industrials added to recent de
clines. Total sales, par value, J9.7o0.000.
CLOSI.NQ STOCK QUOTATIONS.
Last
Sales. High. low. tale.
Am Beet Sug. &00
American Can. SO0 29 : 24 2H
AmC&Fdy.. 400 122 V. 122 122
Am Int Corp. 2.400 45 4 J4J4
Am Loco..... 00 key, 9 86
Am Si lief.. l.KOO 39 38 8
Am Sugar.... 400 S4
Am Sum Tob: 2.500 SO T8 804
Am Tel Tel 2.R00 100 (W'A 10
Am Woolen.. 2.000 67 GO' 6i
Ana Copper.. P"0 87 3 3BJ
Atchison 90 80 80 80
Atl. G ft W I. 69.300 86 Klls 3
Bald Loco.... 11.700 89 S 8S
B&O 500 32 32 32
Bet Steel "B" 3.200 57 66 J6
B S Cop.... 200 12 12 12
Cal Petroleum 2.400 42 40 41
Cana Pacific. 600 113 112 113
Cent Leather. 2,00 41 4(1 41
Chand Motors 11.500 7S 75 i7
C & 0 300 US BS S8
C, M4St P.. BOO 24 24 24
C & N W 2,000 68 60 63
C. 81 P... 200 25 2.r 25
Chino Copper. 100 20 2014 20.
Corn Products 4.200 74 73 74
Crucible Steel. 15.300 89 . 80 88
Cuba C Sug.. 2.000 2.1 22 23
Erie 800 12 11 12
Gen Electric. 1.100 137 136 1ST
Gen Motors... 14.000 1 3 13 13
Ot North pfd 3.200 74 73 74
III Central 100 SB 80 86
Ins Copper... 400 32 82 82
Int M M pfd. 200 !1 51 01
Int Nickel.... 1,400 IS 15 13
Int Paper 100 57 57 .17
K C Southern 3.400 2.1 21 23
Kennecott Cop 1.900 IS 17 18
Mexican Pet.. 32,100 146 142 14(1
Miami Copper 800 17 17 17
Jlld States Oil 2,500 1.1 J2 13
Midvale Steel. 1.100 SO 29 30
Mo Pacific... 1,200 17 17 17
Nevada Cop.. 400 9 9 9
N T Central.. 2,400 70 6S", 70
NY, NH & H. 600 15 15 15
Nor & West.. 200 90 90 96
Nor Pacific... S.900 78 76 78
Okla P Bef 1.50O 3 S S
Pan-Am Pet.. 8.600 70 00 70
Penn 8.300 35 34 .1;.
Pitts &WVa. 1,000 25 24 25
Ray Con Cop. 300 12 12 12
Reading 3.9O0 67 60 67
Rep I S l.ROO 67 65 67
Royal D. N Y 2.400 64 62 64
Sbat Ariz Cop -200 5 5 5
Sin O ft Ref . . 600 41 40 41
Sou Pacific... S.900 74 73 74
Sou Railway. . 11,300 20 20 20
S O of N J pfd 1.R00 107 107 107
Stude Corp 39,600 7.1 6S - 72
Texas Co 2.100 41 41 41
Tex A Pac 900 20 20, 20
Tobacco Prod. 13.900 47 45 46
Transcon Oil.. 2.900 8 8 8
Union Pacific. 1.500 11 116 116
U S Food Prod 1.300 22 21 22
U S Ind Ale. 2,400 69 68 69
U S R Stores. 3.100 49 48 4ft
UK Rubber... 19,900 72 71 71
U S Steel.... 17,800' 81 80 81
do pfd 200 1 09 109 109
Utah Copper. . 1,900 49 48 49
Western Union 400 89 88 89
West Elec SOO 47 47 47
Willys-Over .. 2.900 8 7 8
BONDS.
V S 2s reg.... 99!N T Cen deb s 8"s
U S 2s cou.... Nor Pac 4s 75
U S 4s reg M04Nor Pac 3s M
U S cv 4s cou.104Pac T & T 5s... 83
Panama 3s reg 7rt IPenn con 4s..,.-6Vi
Panama 8s cou 7S Sou Pac cv 5s..92
A T & T cv Us 97ISou Ry 6s 84
Atch gen 4s.. 77 Union Pac 4s... 80
D & R G con 4s 03IU S Steel 5s 05
Bid.
Boston Mining Stacks.
BOSTON, March 22. Closing quotations:
Allouez 19 lOld Dominion. .. ti
Aril Com 7Osceola 25
Cal and Aria .. 43 IQuincy So
Cal and Hecla.215 (Superior 8
Centennial 8Sup & Boston... 1
Copper Range. J2 I.Shannon 1
East Butte.... S Utah Con 4
Franklin 1 Winona 50
Isle Royalle... IS iWolverine 11
Lake Copper .. lGranby Con 19
Mowhawk .... 45 (Greene Cananea.20
North Butte... 10 I
Money.' Sliver. Etc.
NEW YORK, March 22. Prime mercan
tile paper. 7&7 per cent.
Time loans, steady; 60 days, 90 days and
6 months. B7 per cent. Call money,
easier. High, 6; low, 6; ruling rate,
6; closing bid, ; offered at 7; last
loan, 6. ,
Bar Bllver. 99; foreign, 64.
Mexican dollars, 44.
LONDON, March 22. Bar silver. 84
per ounce. Money, 6 per cent. Discount
rates, short bills, 7 per cent; three-months'
bills.'e per cent.
Liberty Bond Quotations.
NEW YORK. March 22. Liberty bond
quotations closed as follows:
Liberty 3s. . .90.50iLiberty 3d 4s. .90.08
do 1st 4s.. ....87.201 do 4th 4s. ...87.04
do "d 4! 80.S2Vlctory 3s...97.80
do 1st 4s.... 87.20 do 4s 97.30
do 2d 4s...86.S4
Bid.
Foreign Exchange.
. . a ri m mtes at close of busi
ness yesterday, furnished by Northwestern
National bank oi j-onianu.
quoted is the equivalent of the foreign
unit In United States funds: -
Country, foreign unit
Austria, kronen - JJ.JP
Rela-inm. frsncs Ol.iu
Rulearia. leva ol40
Czecho-Slovakia, kronen
Denmark, kroner ."
Ensland, pound sterling
Finland, flnmark "
Fra.ce. francs
.0140
.1750
3.9250
.02S.-I
.07A5
.0167
.0760
.3460
.0039
.0393
.0077
.1625
.0035
.0145
.0300
.1408
.2345
.1743
.4925
.50d
.4825
Germany, marks
Greece, drachmas
Holland, guilders
Hungary, kronen
Italy, lire
Juiro-Slavla. kronen . . . ;
Norway, kroner
Portugal, escudos
Roilmanla, lei
Serbia, dinara
Spain, pesetas
Sweden, kroner .
Switzerland, francs
China (Hongkong), local currency.
(Shanghai), taels
Japan, yen
NEW YORK, March 22. Exchange,
heavy. Sterling, demand $3.90; cables.
13.91. Francs, demand 6.04; cables.
0.06. Belgian francs, demand 7.26; cables.
7.28. Guilders, demand 34.25: cables,
34.45. Lire, demand 3.S4; cables. 3.86.
Marks, demand 1.60: cables, 1.61. Greece,
demand 7.50. Argentine, demand 34.00.
Brazilian, demand 13.25. Montreal, 12
per cent discount.
. Foreign Bonds. .
Foreign bond quotations furnished by
the Overbook 4s Cooke company of Port
land: Btd. Ask.
Russian 5s, 1921 IS 16
Russian 5s. 1926 9 11
Russian 6s. 1919 1 17
French 5s. 1931 64 66
French 4s. 1917 45 ' 47
French 6s, 1920 66 88
Italian Bo, 1918 31 33
British 6s, 1922 SSI S93
British 5s. 1927 371 8S3
BritiHh 5s, 1929 369 381
British vky 4a 20.1 805
British ret 4s 269 21
Belgium rest 5s 66 TS
Belgium prem 6s.... 70 72
German W. L. 6s 12 13
Berlin 4s IS 14
Hamburg 4s 14 15
Hamburg 4s .A 14 16
Leipsig 4 14 16
LeipsUc 6s 14 17
Munich 4s ' 14 1
Munich 5s 17 19
Frankfort 4s 16 17
Jap 4s 63 64
Jap first 4s 82 82
Jap second 4s 82 2
Paris 6s 96 .9(1
U K 6s, 1921 99 99
U K 6s, 1922 4 S3
U K 6s, 1929 88 89
U H 6s, 1937 85 M
Swift Co.' 'Stocks.
Closing prices for Swift & Co. stocks at
Chicago were reported by the Overbeck &
Cooke company of Portland as follows:
Swift & Co 101
Swift International 26
Libby, McNeil & Libby 10
National Leather ft
FIRST ARRIVALS SELL AT $11
AXD $12 AT YARDS.
Stock Prices in General Market Are
Unchanged With Hogs and
i
Cattle Firm.
The first spring !amb of the season
arrived at the stock yards yesterday. They
sold at fll and 12, good prices as com
pared with the general laiab market, but
only about half of what the first offerings
have brought in former years.
There was only a moderate run of
stock for the day. Prices in all lines
held at Monday's range.
Receipts were 142 cattle, three calves,
27 hogs and 98 sheep.
The day's sales were as follows:
Wt. Price.
455 $ 5.75
Wt. Price.
297 $12.00
390 12 25
171 12.25
254 31.50
331 11.00
200 8.00
4'M) 6.50
370 12.25
245 12.25
376 32.00
222 1 2 25
110 3L75
170 3 2.25
177 12.25
130 11.50
300 10.25
365 11.00
203 32.50
ISO 12.60
08 0.50
72 6.50
47 11.00
113 7.00
415 0.25
230 12.2.-.
450 7.50
250 32.25
180 12.23
330 30.25
260 3 0.25
225 12.00
195 12.23
95 7.75
80 6.00
57 12.00
OS 7.73
2 Q0WS. .
1 cow . . .
4 hogs. .,
1 hoe. . ..
1180 5.501
6 cows.. 1051
6 351 6 hogs.. .
21 cows. . 1043
lcow... 840
4 cows.. 1042
5 cows.. 874
4 cows. . 940
2 cows. . 940
" 1 cow. . . 1340
3 calves. 200
3 calves. 346
1 bull... 11990
1 bull... ItiJO
1 bull... 1600
1 bull. . . 1280
2 bulls.. 1810
lhog... ISO
3 hogs. . 1 06
2 hogs.. 210
lhog... 170
8 hogs.. 77
20 hogs. . 171
13 bogs.. 200
4 steers. 575
. 5 steers. 502
Scows.. 656
3 cows, , ,103
1 cow. . . 1190
26 cows. . 1058
11 calves. 3S0
2 bulls. . 1450
lbull... 030
lbull... 710
11 mixed. 799
12 hogs. . ' 107
The followlni
6.85
d hogs. ..
3
B Bogs.
4.501 1 hog.. ..
5.50
1 hog. ,
7 00
1 nog. . .. .
5.001 4 hogs. ..
6 001 6 hogs. ..
10.00112 hogs. ..
7.001 2 hogs. ..
4.501 2 hogs...
4.75 4 hogs...
6.001 2 hogs. ..
5.501 2 hops. ..
5.001 2 hogs...
12.251 8 hogs. ..
12.301 1 hog. . ..
12.50 67 lambs..
10.00I20G lambs.
11.50:24 lambs..
12.60:47 lamlis..
12.251 2 steers..
5.001 7 hog
6.251 2 hogs...
5 .001 1 hog....
6.25! 1 hor. . ..
4.501 2 hogs...
7.501 1 hog
.25(10 hogs. ..
4.501 2 hogs. ..
4.001100 Iambi.
6.00i22 lambs..
6.23151 lambs..
I2.OO1IOO lambs.
lecal yard:
Cattle
Choice steers
Medium to good steers.
it at th
Prices.
00 8.50
25 8.00
50)0 7.25
500 6.50
00$) 6.50
50 6.00
I 8
. 7.
. 6
rair to medium steers
Common to good steers
Medium to good cons, heifers
Fair to medium eows, heifers
Common to fair cows, heifers
Canners
Bulls .".7.7."
Choice dairy calves 1! ' !
Prime light calves "..
Heavy calves .
Best feeders 4 J.
Fair to good feeders
Hogs
Prime light
Smooth heavy
Rough heavy
Stags, subject to dockage.,..
Fat pigs ,
Feeder pigs
Sheep
Spring lambs
Prime east-of-raountain lambs
Valley Iambs
Heavy lambs, 90 lbs. and up..
Feeder lambs
Cull lambs
Light yearlings
Heavy yearlings
Wethers
Bwei
5
6
5
5.
50 Ol 6.00
25 dt 4.50
30 5.00
50 (B 13.30
00 012.50
00 7.50
00jl 6.50
.50 6.00
00 12.25
25 11. 7o
00 10.25
00 1 0.25
00 12.00
00 11.75
00 IS 12.00
50 8.25
00 (B 7.00
00 0 7.50
00 6.30
0048 5.00
509 7.00
00 6.50
00 6.00
00 W 5.50
Chicago Livestock Market. -
CHICAGO. March 22. Cattle Receipts.
9000. generally steady. Top beef steers.
$10.60; weight, 1125 pounds. Bulk beef
steers, $8,756)10; bulk fat she stock, $5.75
7.75; canners and cutters largely $39
4.30: bulk bulls, S5.256.25; calves slow,
weak; bulk vealers to packers, $9.50$9
10.50; stockers and feeders steady, weak
undertone.
Hogs Receipts, 20,010; very uneven, 25c
tj 75c lower than yesterday's average;
hogs averaging 240 pounds down off most;
early top, $11.25; bulk 200 pounds down.
$10.25 11; bulk 220 pounds up. $8.85
10; pigs, 50c to 75c lower: bulk desirable
90 to 120 pound weight. $10. 5010.83.
Sheep Receipts, 19,000; killing classes
slow, about steady; lamb top, $10.75 to
shippers; packers top. $10.50; shorn lambs
top early, $9.25; others held higher; bulk
fat wooled lambs, $9. 5010; no choice
handy ewes here; bulk going from 15.50
to $6.25.
Omaha Livestock Market.
OMAHA, March 22. Hogs Receipts.
9000; few early sales light butchers 15c to
25o lower: general market 50c to 75c
lower; bulk medium ana llgnt nutcners.
$9.6010.25; top, $10.30; bulk strong
weight butchers, 250 pounds and over, $9
9.60.
Cattle Receipts. 4500: beef steers steady
to 15c higher; top. $9.75; butcher stock
steady to 25c higher; veals strong; stock
ers and feeders steady to strong.
Sheep Receipts 9500: lambs strong to
25c higher; bulk, $8.5069.75, with $10
bid; he'd at $10.25; sheep strong; feeders
steady.
Kansas City Livestock Market.
KANSAS CITY, March 22. Cattle Re
ceipts, 7000: beef steers mostly 25c higher:
top, $10; bulk, $8.50&9.25; 14 loads. 1030
pound Texsns, $9; she stock, 2540c
higher; best, 1230-pound cows, $7.75;
many choice lots, $7.25 7.50; baby beef
heifers and steers, $9.109.50; good heif
ers. $8.50; calves mostly 60c higher; best
vealers, $10; canners dull and stesdy;
bulls and feeders strong to 25c higher;
choice 700-pound stockers, $8.75.
Sheep Receipts, 5500; steady; lambs
steady to 25c higher; 84-pound lambs, $10;
20 head 50-pound spring lambs, $14.50.
Seattle Livestock Market.
SEATTLE, Wash., March 22. Hogs
Receipts, 50; market 50c higher. Prime
$1212.50;. medium heavies, $1112;
rough heavies. $V&9.50: pigs. $$11.50.
Cattle Receipts, none; market 2 5 tff 50c
higher. Prime steers. $8.258.75: medium
to choice, $6,256:7.75; common to good,
J.lfiii; best cows and heifers, $77.50;
medium to choice, $56.50; common to
good, $43; bulls. 4.5O5.50; calves,
light, $U12.50; heavy, $U7.60.
Examinations Begin Today.
UNIVERSITY OK OREGON, Eugene,
March 22. (Special.) Term exami
nations begin Wednesday and stu
dents will- begin gradually leaving
the campus for the week vacation be
fore the next term opens April 4.
Many students are staying over the
holiday period. 'The employment
bureaus of the T. W. C. A. and Y. M.
C. A. are busy finding positions for
university men and women who in
tend to work during vacation. Louise
Davis of the Y. W. C. A., has an
nounced that many positions are open
for women who wish to work. Ac
cording to the Y. M. employment bu
reau, work seems scarce for men
students.
HIDES WOOL
. CASCARA BARK
"Write for Shipping Tags and Quotations. In the mar
ket for good butcher lots hides. Small consignments
Hides, Wool, Bark, Mohair and Tallow also solicited.
PORTLAND HIDE & WOOL COMPANY
v Successors to ' '
SULLIVAX HIDE & WOOL COMPANY
New Address
103 Union Avenue North, Portland, Oregon
MT SELLING HEM
MAT TOUCHES LOWEST POIXT
SIXCE 1910 AT CHICAGO.
Corn and Oats Are at Cheapest
Quotations In Eight Tears.
Crop Reports Bearish.
CHICAGO. March 22. May wheat today
touched', the lowest price since 1916.
Strained economic conditions, bearish crop
reports and slackness of export demand
appeared largely responsible. The market
olosed unsettled at 4ie est dseline ta 1-aC
advance, with March $1.51 to $1.52, and
May $1.42 to il.43. Corn lost e to c.
Oats finished unchanged to Ho up and
provisions off 2c to 40c
Heavy liquidation by holders took plies
in wheat after the first hour. Revival
of talk about enactment of an emergency
tariff bad temporarily given the bulls a
little advantage, but purchasing orders
came largely from shorts and with gossip
current about storsge and warehouses be
ing clogged with refused merchandise,
selling pressure broadened, especially as
crop reports were bearish and foreign
inquiry reduced to a minimum.
At the extreme low point of the day,
however, one big commission house tumid
to the bull side and rallies ensued. Be
sides, an elevator Interest was credited
with selling March and buying May at the
finish.
Corn and oats averaged lower in sym
pathy with wheat. May corn ana May
oats as well sold at cheaper prices than
since 1913.
Provisions were weighed down by the
action of grain and by uncertainty about
labor troubles.
The Chicago market letter received yes
terday by the Overbeck & Cooke company
of Portland said:
Wheat Liquidating sales were absorbed
In a more Impressive fashion than for sev
eral days and although new low levels
were reached the market closed strong and
higher. Seaboard advices Intimated early
in the day that the export demand was at
a standstill with the British commission
withdrawn from the market. Shortly be
fore the close, however, it was reported
that 520,000 bushels of gulf wheat had
been taken on old sales. Country offer
ings are light and it is very probable that
exporters might experience some diffi
culty in getting the wheat to fill the large '
sales made recently. Crop reports are al
most entirely favorable, but there are
many vicissitudes to be reckoned with be
tween now and harvest and the uncer
tainty as to the outcome is very likely
to impart strength to the future market,
especially should exporters continue their
buying .in this country, which is not Im
probable, as Argentine wheat is being held
at 6 cents higher than ours c. i. f. Eng
land and the continent.
Corn This market was depressed most
of the day and failed to regain Its loss
when wheat rallied at the close. Receipts
of 190 cars, the smallest In some time,
met a fair demand at yesterday's basis
to a shade higher. Country offerings to
arrive are light and a further decrease In
arrivals Is Indicated. For the fire time
in several daye there was an export de
mand reported with a fair amount of busi
ness worked. Bearish factors appear to
-be quite well discounted at the moment
and a recovery from this level is la order.
Oats Sold to a new low level in sym
pathy with other grains, but these was
considerable covering of short contracts in
progress towards the close and the mar
ket had a rather buoyant tone. Receipts
were only 49 cars and the spot trading
baais was quotable firm to a shade higaer.
It is hardly likely that there will be much
pressure of cash on the market at these
prices.
Leading futures ranged as follows: r
WHEAT.
Open High. Low. Close.
March ..$1.52 $1.54 $1.49 $1.51
May .... 1.41 1.4314 1.39 1.42
CORN.
May 65 .66 .64 M .65
July .... .08V4 -6914 .67ii .6814
. OATS.
May . ... .404 .4074 .39 X40V,
July 42)4 .52H .41?. .42
PORK.
May 20 5
LARD.
May ....1190 ' 11.90 11.65 11.77
July 12.16 12 20 1197 12.05
SHORT RIBS. r
r.. ... 11 .TS 11.60 Jl.au Ji.
July 11.85 11.8T
11.00
11.07
Cash prices were:
Wheat No. 1 hard. $1.5H.
Corn No. 2 mixed, 61&3i4c; No. 2
yellow. 62 63 c.
Oats No. 2 white, 40V441c; No. 3
white, 3839ttc.
RyeNo. 2, $1.42.
Barley 62 72c.
Timothy seed, $4(85.50.
Clover seed, $13 19.
Pork Nominal.
Lard $11.47.
Ribs $1112.
Minneapolis Grain Market.
MINNEAPOLIS. March 22. Cash wheat.
No 1 dark northern, $1.55 163 : No.
2 $1.511.60; No. 3. $1.50 01.54:
No. 1 northern. $1.02 1.53.- No. 2.
$1 48 1.5o ; No. 3, $1.37 61.48; No.
1 red spring, $1.47? 1.53: No, 2. $1.42
a 1.48; No. 3, $1.361.43; No. 1 dark
hard Montana. $1.64 1.6o ; No. 1 hard
Montana. $1.58 01.60 : No .1 fc"-um,
$1.4501.48. Barley, 46 66c Flax, No. 1,
?1Fures Wheat, March $1.38; May,
$1.37.
Primary Receipts.
CHICAGO. -March 22. Primary receipts
Wheat 57,000 bushels, against 592,000
bushels: corn, 891,000 bushels, against 676.-
000 bushels; oats, 455,000 bushels, against
650.000 bushels. '
Shipments Wheat. 735.000 bushels,
against S74.000 bushels: corn, 917.000 bush
els against 371,000 bushels: cats, 545,000
bushels, against 893.000 bushels.
Clearances Wheat, 136,000 bushels;
corn, 1,167.000 bushels: rye, 51,000 bush
els; flour, 49,000 barrels.
Winnipeg Grain Market.
WINNIPEG, 'Mnrch 22. Cash wheat. No.
1 northern. $1.89; No, 2, $1.66 I No. 3.
$182: NO 4. $1.74; No. 5. $t.06H:
No. 8?$1.U; feed. $1.41; track $1.89.
Oats ex. No. 1 feed, 42c: No. 1 feed,
40c; No. 3, S7c. Barley. 3 CW.. 81c;
No 4 70ttc Pye. No. 2. AV., $1.53. Flax.
Futures Wheat, May, $1.77; July,
$1-61.
Grain at Ban Francisco.
' SN FRANCISCO. March 22. Wheat
Milling. $2.552.65 Teed, $2.40 0 2.50;
corn, white Egyptian, $2.6002.70; red
milo, $1.9002; barley spot feed, $1,250
1 35: shipping, $1.4501.55; red feed, oats,
$1.6001.65.
Hay wheat fancy. $20021; tame oat.
$17019: wild oat, $12015; barley, $120
15 alfalfa, $17020; stock. $10014.
Seattle Grain Market.
6EATTLE. March 22. Wheat Pard
white and soft white, $1.40; white club.
$1.S8; hard red winter, soft red wlfer,
northern spring and eastern red Walla,
$1.35; Big. Bend, blueetem. $148.
City delivery: Feed Scratch feed, $57
ton; baby scratch feed. $55. feed wheat.
$58; all grain chop, $46; oats, 46; rolled
oats, $48; sprouting' oats, $51; rolled bar
ley, $44; clIppeM barley, $48. sullied feed,
$34; bran, $U4; whole corn, $11; cracked
corn. $48.
Hay Alfalfa. $27; double compressed
alfalfa, $3:1; double compressed timothy.
$3& eastern Washington mixed, $34;
straw, $24.
Metal Market.
NEW YORK. March 22.Copper stea
Electrolytic, spot and March, 12012
second quarter, 12 013c.
Iron nominally unchanged.
Tin steady. Spot and nearby, 28.
futures. 211. 20 02a 50a
Lead dull. Spot. 4o.
Antimony Spot, 5 .176 5.50a.
dler. 1
Vic; ;
50c;
Zinc steady. East St. Louis, spot, $4
TO0
. . : 1
A. J. 11 alert Heads Retailers.
CENTRAUA, Wash., .March S2.
(Special.) A. J. Haigh of this city
last night was elected chairman of
the Lewis county branch of the
Washing-ton State Retailers' associa
tion at a meeting held here by Cen
tralia and Chehalis members of the
association. Mr. Haleh, following: his
election, appointed W.- H. Ingraham
Of this city sepretary-treaaurer. Ar
rangements are being made for send
ing a big Lewis county delegation to
the annual convention of the state
organization jin Tacoma on April 4
ana 5.
Work Starts on Theater Site.
. HOOD RIVER, Or., March 22. (Spe
cial.) Workmen have begun razing
an old open-air dance pavilion at the
corner . of Oak and Fourth streets,
where a new $30,000 theater building
will be constructed by M. E. McCarty
and George W. Thomson. A. 8. Kol
stad and J. H. Ferguson will occupy
the new structure with a moving
picture theater. The stage, however,
will be made sufficiently large to
accommodate road shows.
Aberdeen Veteran Gets Bonos.
ABERDEEN'. Wash., March 22.
(Special.) Roy Nichols, originally a
member of old Company"G," -Washington
national guard, and later at
tached to the 61st infantry as a sergeant-major,
was the first Aberdeen
veteran to receive a pay check from
the state bonus fund. He cashed' at
the Aberdeen State bank a warrant
for $343. Nichols at present is em
ployed In Olympia.
Merchants Asked to Close Friday.
"EUGENE. Or., March 22. (Special.)
Acting upon the suggestion of the
Kiwanis club of this city, E. B. Parks,
president of the Eugene city council
and acting- mayor, yesterday Issued
a proclamation asking the merchants
to close their places of business be
tween the hours of 12 noon and 1
P. M. on Good Friday. March 25. as
an appropriate observance of the day.
DAILY METEOROI.OC.ICAL BEPOBT.
PORTLAND, March 22. Maximum tem
perature, 00 deirrees; minimum, 41 degrees.
River reading. 8 A. M., 18.8 feet; change In
last 24 hours, 1.0 foot fall. Total rainfall
(5 P. M. to 5 P. M. ). trace: total rainfall
since September 1, 1020. 40.S4 inches; nor
mal rainfall since September 1. 85.28
inches; excess of rainfall since September
1. 1020, 6 f6 Inches. Sunrise, 6:10 A. M. :
sunset, 6:26 P. M. Total sunshine March
22. 0 hours. 19 minutes; possible sunshine.
12 hours 10 minutes. Moonrlse Wednesday
0:45 P. M. ; moonset Thursday. 6:25 A. M.
Barometer rednced-to sea level) at 5
P. M, 29.97 inches. Relative humidity at
0 A. M., 100 per cent; at noon, 50 per cent;
at P. M.. 6 per cent.
THE WEATHER.
STATIONS.
Baker
Roise ......
Boston
Calgary ....
Chicago ....
Denver
Des Moines.
Eureka ....
Galveston . .
Helena
Juneaut
54 0.
5S!0.
5010
4410
84 0
64 0
50'0
WO.
7410.
540.
t4Oi0
OOilL'iSW IKain
00il2!SB ("loudy
OOI12IN (Clear
.001. . iSB ICIear
OOllSiNE ICIear
00U4ISB ICIear
.521. .ISB ICIear
80I12ISW IRain
001. .IN
Cloudy
Cloudy
Clear
Cloud
001.. W
OOI..I..
00H2IB
Kansas Cltyj
400
Los Anfelesi 521
60 0.
00;14 18W
Pt. cioudy
XIarshfield.
5810
511 10
4UI0
OSIlOiW ICIear
Medford ..
Minneapolis
021. .INK
Rain
.00I12ISB
Clear
New Orleans
8210
00 . . s
Cloudy
New York
50 0
MO
80 0
5410
00 0
O0
50,0
52 0
58 0
2!0
,00'lfllN
ICIear
North Headl
01!20S
Pt. cloudy
Clear
Cloudy
Pt. cloudy
Phoenix ..,
Pocatello .
Portland ..
Roseburir
Sacramento
St. Louis...
Salt Lake..
San Diego.
.OOilOlW"
.001.. s
.oojulw
.02. .W
.08I10ISW
.IH'.i. .IB
Pt. cloudy
Pt. cloudy
Cloudy
Cloudy
.001.. 1KB
oo . . xw
It. cloudy
Pt. cloudy
S. Francisco:
501 1
.18:10!W
Seattle
Sitkat
Spokane ...
Tacoma
Tatoosh Isd.
Voidest ....
500
22I..IW
Cloudy
5
OOI. ..
Clear
Cloudy
5010
58 0
5010
. . . 10
60 0
ON 0
8410
no o
001
INW
.161
-IW
. NB
Cloudy
12!
00
01
Kain
Cloudy
Walla Walla
. .I.VE ICIoudy
. .1KB ICIear
Washington
Winnipeg; ...
Yakima . . . .
.00
on;
lO HIi ICIear
201
S IPt. cloudy
tA. M. foday
day.
P. M. report ot precedlns
FORECASTS.
Portland and vicinity Generally fair;
wintls mostly westerly.
Oregon and Washington Generally fair;
moderate winds, mostly westerly.
Every large city has one newspaper
which, by universal consent, Is the
Want-Ad medium of the community.
In Portland it's The Oregonlan.
20 -yr. sinking fund 8's
to yield a mini-
at
99
mum of 8.13 up
to a possible 20
to accord with the
operation of the
sinking fund.
There will be retired annually
$1,200,000 by sinking fund pur
chase or by lot at 110 the first
ten years and 105 the next tea
year. - '
HERRIN & RHODES, Inc.
(Established 1896)'
BROKERS
MEMBERS CHICAGO BOARD OF
T11ADE.
romxpsBsents, E. F. HVTTON at
CO. Members New Vork Stock Ex.
ehanate. Private Leased Wires
Direct, te All Security and Com
modity Markets.
LIBERTY AND VICTORY BONDS
BOUGHT AND SOLD
MAIN 283 and 284
101-3 RAILWAY EXCtt BLDG.
Republic
of Chile
Eg Call or phone
1 SMITH
H (MOUND FLOOR CAMP 9
a Lsnsnnm BuiLama " 1
B - Fifth and svraM COi 1
Municipal Bonds
Yielding 7
Subject to Prior Sale We Offer
. $777,000
Medford Irrigation District
(A Political Subdivision of Jackson County)
6 Gold Bonds
Dated Jan. 1, 1921. Due Serially 1927-1954
Denomination ?1000 and $qOQ
'
This Isane la direct obligation of the Medford Irri
saAlon Dlatrlct,' situated In the Roaraje River Valley
Immediately surrounding the city of Medford, Oregon.
X
Validated by Superior Court of Jnokson County and
rertifled by the Secretary of State. Approved by
Oregon Securities Commission as legal investment
for Savings Banks. Trust Funds, etc., and eligible ta
secure public deposits In the State of Oregon. .
e
Exempt From Federal Income Taxes
Price to Yield 7
Complete, descriptive circular furnished npon request.
Union Trust Company
. OF SPOKANE
Affiliated With The Old' National Bank
Thieves Busy at Aberdeen.
ABERDEEN', Wast., March '22.
(Special.) Thieves committed two
robberies over the week end here. The
Polish club was entered by way of
a eide door. Some small change and
a considerable quantity of cigars, to
bacco and candy were taken. The
pther robbery was reported at 706
West Wishkah street. $35 in cash, a
pold watch, revolver and gaiety rn.or
I
OUR BOND DEPARTMENT is
equipped to give the same reliable, effi
cient and courteous service in investment mat
ters, which characterizes the service of every
department of this bank.
Our offerings include the highest type of gov
ernment, municipal and corporation securities.
IUKinwLow
If you ha've ten thousand
dollars I have a real business
proposition to submit to you
Best of References
For particulars address AN 540, 6regonian.
Government of
Vi7 Gold Bonds.
Price 96.62 and Interest to
YIELD 7:10
Principal and Interest Payable in United States Gold Coin
Western Bond and
Ground Floor, Bonrd of Trade Bulldins;
MAIM 113
Bonds
Tj'xpenence,
To Net , JZj personal'
7 Per Cent direction and
absolute integ-
, High-grade bonds with at- . -
tractive profit possibilities. . Tlty, COUpled "
with "a trained
Both railroads and -
industrials. management
v organization
Write fmr detcriptio
circular som protect the Cil-
, 5n f rati. . .
ent s interests.
feSKol Strong 6 MacNaughtom
IHI01IESSKrailMW I .C,V'k'T'-1"''0.
i;1 1
liM.
i',!!
being taken from a room occupied toy
John Dastoni, Carl Borotta and Tony
Dalcul. i
Xw Crenmery Station at Waldport.
WALDPORT, Or., March 22. (Spe
cial.) The Mutual Creamery compajiy
of Salt Lake City has establlshe-rl a
cream-buylne station at Waid'port,
rrakintr the tMri hpre.
m mi 1 . sMFMRTTlN
r' -v w w r
r-mr 'r3rxniTtincrrroii
ILKUtftVt
Newfoundland
Due June 30, 102S.
Mortgage Company
M FOVRTH ST.