Morning Oregonian. (Portland, Or.) 1861-1937, March 31, 1921, Image 21

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Morning Oregonian., March 31, 1921, Page 21, Image 21

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Newspaper Page TextTHE MORNING OREGONIAN, THURSDAY, MARCH 31, 1921 ' 21 J ,T i i -V 4 - T j' i 1EWWQ0LCQNS16NED TO nlAlADA Ta!IM PKrt kill Without Advances. NO BUYERS IN FIELD YET SLrons Plea for Prompt Tariff Action Is Made by Boston Wool Trade Association.. .. There has been no change for the bet ter, yet in the wool situation at this end and dealers do not ee where ImDrove' meat will come from unless there is early tariff action, an embargo or a sain In mill operation!. Shearing of the new clip la well along In the Yakima eecllon and usually at thia state Portland buyers have taken on con siderable quantities, but so far this sea son not a pound of the new Yakima wool has been bought for local or eastern ac count. -A little of it has been shlooed eaat on consignment. Dealers in the east are inclined to take some Yakima wool n consignment I' it proves to be better than last year's clip, but they are not making advances. Preparations are being made to begin shearing in eastern Oregon s on April 15. the local market the only business reported during the week was the trans fer of a few small lots of old wool to local mills. , The executive commltteo of the Boston "Wool Trade Association has sent the fol lowing letter to President Harding. Vice President Coolfdge, all members of the cabinet, all United States senators. Massa chusetts congressmen, ' chairmen of the ways and means and of the finance com mittees, and to wool trade organizations of the United States: "The exeoutive commltteo of the Boston 'Wool Trade association wishes to call careful attention to the enormous Impor tations of raw wool and wool tops since January 1 by anticipation of wool duties. At the port of Boston alone, since Janu ary 1, a period of 11 weeks. Importations of wool and tops amount to 108.000.000 pounds. Allowing for differences in clean scoured contents, this quantity is equal to 167.000.000 pounds of domestic wool, or about 0 per cent of the entire United States clip of 1920. In addition to these imports, there have been very large en tries at New York, Philadelphia, San Francisco and Seattle. During the next four weeks, these quantities will be largely Increased from shipments now in transit. "Temporarily, purchases of wool in for eign countries for import to the United 8tates have been largely discontinued. waiting the tariff policy of the new ad- ministration. If. however. Immediate ac tion on tariff is not taken heavy purchases are likely to be resumed. This will not result In added difficulties' to the wool grower of the United States in disposing not only of the balance of his 1020 clln. . at least 60 per cent of which Is unsold, but also untold loss In the Yalue of his approaching clip. "In his contribution to the clothing and food supply of the country, the wool grower la. making a very valuable- addi tion to the resources of the nation and we believe that he should be enabled to conduct his business profitably in order that he may continue. "The Importations of wool In the shane of manufactured goods, other than tops and yarns, have not been material so far this year, but owing to the" demoralized state of exchange, and the lower costs of manufacturing abroad, heavy Importa tions of wool In all manufactured forms can surely be expected to follow the al re?VerJr heavy ""Por'atlon of raw wool. Whatever protection Is accorded to raw wool will be effective only If adequate duties are placed on tops, yarns and manu factured goods. The ultimate customer of the American wool grower, namely, the American manufacturer, must be suffl- Pt,'ctc.d-. The sltuauon demand. . prompt action." TOl-R-CEXT DROP IX WHEAT BIDS Irge Buyers Out of Market Feed Prices Decline Today. Wlieat buyers, who were active the first of the week, were generally out of the market yesterday when prices took a harp drop. Bids on all grade were re duced 4 cents at the Merchants exchange. The coarse grain market was also in active. Gray oats ud corn were II lower and others were unchanged. Declines of SI a ton in rolled oats, rolled barley, scratch feed and whole- and racked corn, effective this morning, were announced by local mills. The Kansas state crop report says wheat made good growth during the week. Sev eral sections in the southwest are making too rapid progress and might result In making too much straw and not enough grain t narvest. This will be aided now with cold weather retarding weeds. Mini mum amount of damage done by cold weather, together with disappointing ex port demand for the past few days will arert a further depression In value. The Price Current says: "Soil conditions reported almoat entirely favorable. Baaing on the government term around 100 per cent., the estimated per cent comparison of growth and condition of winter wheat Is: Ohio 86. Indiana 95. Illinois 99, Missouri 96, Iowa 66. Nebraska 95, Kansas 96, Ok lahoma 95." Terminal receipts. In cars, were reported by the Merchants exchange as follows: Wheat Bar. Fir. Oats Hay Portland, Wed'ey 61 year ago v Saaon to date. .13402 Year ago J464 Tacoma. Tuesday 6 Year ago . 3 Season to date-.. M22 Y ear ago -6219 Seattle. Tuesday 5 Year ago 25 Season, to date.. 4O30 Year ago 5404 1 11 222 607 170 2423 1 o 47 803 77 2641 1 1 1 5 105 RIO 234 677 1 40O 415 1836 1 16 1 118 815 167 758 2 2 1 861 1185 630 1126 EGG-8TORIXG OPERATIONS HEAVY Ten Thousand Cases Put Away In Portland in Past Week. Egg storing . Is progressing at a rapid rale. In the pass week 10,009 cases were put away in Portland storages and 8498 cases at Seattle. Storage holdings of dairy and poultry produce at Portland are: ' ' ' This wk. Last wk. Butter, pounds.. .......... 49.989 60 IB" rheese, pounds '.... ....... S5.018 2M48 Eggs, cases ... 20.6S7 l5:578 Poultry, pounds 130,751 122 485 Storage stocks at Seattle follow: " , This wk. Last wk. Butter, pounds 85.9S9 53 076 Cheese, pounds 43.S75 62 802 Bggs, cases 8.800 8!sl Poultry, pounds 1S7.144 171.831 San Francisco storage holdings oompare with a year ago as follows: .. This wk. Tr. ago. Butter, pounds 197.981 280 531 Cheese, pounds 292,120 MO 125 Eggs, eases 61,204 29.643 Poultry, pounds 894.821 798,661 i.gg holdings at New York. Boston, Chi cago and Philadelphia are 654,953 cases, as against only 8289 cases a year ago. Butter holdings at ths same points are 11,265,672 pounds, as compared with 10,192.107 poinds a year ago. OFFERS FOB EGGS ARE RAISED Establishment f Differential Means Closer Grading by Shippers, Ths upward tendency of the egg market continues. Buyers paid 23 cents for yes 1 terdayg receipts and wilt pay the same today, while for Friday's shipments 24 cews.rui. be offered. This bid wiu b EASTERN MARKET good for only clean, fresh eggs. Pallets, dirties and cracks Will be taken at 3 cents. It is the purpose to maintain this differential during the buying season. Cube butter moved slowly at previous quotations, but the undertone of the mar ket was weak and a general decline is an ticipated within a few days. The demand for poultry and country dressed meats was decidedly slack. It was not a question of price, but rather an absence of buyers, but both veal and pork were quoted lower. FOREIGN CROP OUTLOOK FAVORABLE Winter Cereals Are Generally In Good Condition. Cereal crop prospects abroad according to Broomhall's weekly cable review, axe as follows: Western and central Burope Weather has turned mild and Is rainy, which la generally favorable. Spring wheat opera tions are being mentioned more often. Winter crops are mostly favorable in this area. Italy and Spain Crops In these countries are growing welL North Africa Agricultural conditions ean be regarded generally as favorable, but moisture is wanted. Danublan countries Crop prospects gen erally are aatisfactory. South Africa OutW: for the harvest of corn Is regarded favorably. United Kingdom Stocks of wheat are not decreasing as rapidly as heretofore, but the demand for wheat from the con tinent appears to have slackened some what. Bank Clearings. Bank clearings of the northwestern cit ies yesterday were as follows: Clearings. Balances. Portland $4,044,012 $718,228 Seattle 3.832.909 737.609 Tacoma 8B2.405 48,413 Spokane 1.374,562 671,151 PORTLAND MARKET QUOTATION'S. Grain, Flour and Feed. Merchants' Exchange, noon session. -uia- Wheat Hard white Soft white White club Hard winter .... Northern spring Red Walla Oats No. H white feed Gray Barley Brewing Standard feed .. March. April. May. ,..$1.85 $1.35 $1.35 l.ZU i.-o l.n . . 1.24 .. 1.21 .. 1.21 .. 1.21 1.26 1.26 1.21 1.21 1.21 1.21 1.21 1.21 .32.00 82.00 82.00 .30.00 30.00 80.00 ..28.00 28 00 28 00 ..27.00 20.00 26.00 Corn No. S E. T. shipment.. 29.00 29.00 29.00 No. 3 Y. delivery 29.00 29.00 29.00 FLOUR Family patents, 9; bakery hard wheat, $7.85; bakers' bluestem pat ents, $7.35; valley patents. $6.50; whole wheat. 17.40; graham, $7.20. Mil. I. FEED Prices f. o. b. mill: Mill run, $28 per ton; rolled barley, $4042; rolled oats, $42; scratch feed. $40e42 per ton. CORN Whole, $38; cracked. $41 per ton. HAY Buying prices f. 0. b. Portland; alfalfa, $19 per ton; cheat, $22 23 per ton; ciover, $16; valley timothy, $23$26; eastern Oregon timothy, $26. Dairy and Country Produce. BUTTER Cubes, extras, 87 38c; prints, parchment wrapped in box lota, 43c; car tuns, 44c. Butterfat, buying price; A grade, 3Uc; B grade, 37c; Portland de livery. KGOS Buying prices, case count. 23c de dellvered; Jobbing prices to retailers, can dled ranch. 26c; selects, 2728c. CHEESE Tillamook triplets, price to jobbers f. o. b. Tillamook, 33c; Young Americas, 34c lb. POULTRY Hens. 233'26c; ducks, nomi nal; geese, nominal: turkeys, nominal. PORK Fancy, lec per pound. VEAL Fancy, 18c per pound. Fruits and Vegetables. FRUITS Naval oranges, $3.35015.50 box: lemons. $3.504.50; grapefruit, $3.258.25 per box; bananas, 10llc per pound; ap ples, $1.354 per box; strawberries, $3.j0 per crate. VEGETABLES Cabbage, 23c per pound; lettuce, $4gl4.SO per crate; car rots, $1.25 per sack; garlic, 15 20c pound; beets, $1.25 per sack; cauliflower, $1.50 per crate; celery, $3.60j0 per crate; green peppers, SO (Sloe per pound; rhubarb, 10c per pound; spinach, $1&1.25 per box; turnips. $1.506 2 per sack; sprouts, 20&20O per pound: tomatoes, 14.73 per lug; cu cumbers, 1243 per dozen; peas. 206220 pound; asparagus, 20c per pound. POTATOES Oregon, tlftl.30 per 100 pounds; Yakima. 1.301.75; sweet pota toes, 13.50 per hamper. ONIONS Oregon, 0c$1.25 per sack. Staple Groceries. Local Jobbing quotations: air.. . n .... 1. v..!.) f'urtm ... n 11 1 o I tA OUWVfV ....... " l 914c per pound; beet. 9.15c per pound. 27c; filberts. 12c: almonds. 28t&29c; peanuts, 7ti10c per pound; cocoanuts, $2 per dozen. HONEY Comb. $7.75 per case. RICE Blue Rose, 6Me per pound; Japan style, 4c per pound. BEANS Small white, 5'c; large white, S4c; pink, 74c; lima, 8V.C; bayou, 1114c; red, 7 He per pound. COFFEE Roasted, bulk. In drums, 143uc per pound. SALT Granulated, hale, 3.50iS'4.25; half ground, ton, 60s, $17.75; 100s, $15.50; lump rock, 126. pound: dates, $4.2506.85 per box; figs, 12 g 5.25 per box. Provisions. HAMS All sizes, 80037c: skinned. 26 86c; picnic, 17&19C; cottage roll, 30c BACON Fancy, 4.153c; choice, 300 35c; standard, 26 28c. LARD Pure, tierces, 7c pound; com pound tierces, 12c. DRY SALT Backs, S2gi23c; plates, 18c. Wool. Bops, Etc WOOL Nominal. TALLOW No. 1, 5c; No. 2. 4c pound. CASCARA BARK 1920 peel, 8c pound. HOPS 1920 crop, 2125c per pound. HIDES AND PELTS Nominal. MOHAIR Nominal; 15o per pound. GRAIN BAGS Car lots, 7c, coast. Oils. LINSEED OIL Raw, In barrels, 94c; S-gallon cans, $1.09. Boiled, in barrels, 96c; 6-gallon cans, $1.11. TURPEN'TINJS In drums, 84c; B-galion cans, $1.09. COAL OIIj Tank wagons and Iron barrels, 17Vic; cases, 80 (5 37c. GASOLINE Tank wagons and Iron barrels, 30c; cases, 42 He i SAN FRANCISCO PRODUCE MARKET Prices Current ou Vegetables, Fresh Fruits, Etc., at Bay City. SAN FRANCISCO, March 80. Vege table! Asparagus, Zk f?7c; squash, cream 6575o; potatoes, street prices. Rivers, white. No. 1, 1.90 62.15; sweets, Nancy Hall, $5.006.50; new. 9iyl0c; onions. Australian brown, 60c; green, $1.251.75; celery, Jl.50tr2.R0 crate ; garlic 710o; cauliflower, 40Q7oc dozen; caoDage. 10 pound; bell peppers, southern, 1030c; turnips, 76c$l; beets, $1(91.60; parsnips, $22.25; carrots, 75c 81; peas, 5'fflOc; rhubarb, $1.25 1.75; lettuce, $1.752; ar tichokes, 25085c; spinach, 8 4ft c; egg plant. 1520c Poultry Hens, 80 40c; strictly young roostera 89 40c; old, 20622c: fryers. 47 52c; broilers, 43660c; ducks, 80 35c; squabs, 6fid75c; pigeons, 8S.50 dozen; Belgian hares, 2325o; jackrabbita, 3 8.50; turkeys, nominal. Fruit Orangea, navel, $204.75; lemons, $2j3.50; grape fruit, $1.60 3.50; limes, nominal; tangerlnea $1.50j3.60; upplea. Newtowns, $1.753.25; bananas, 9 10c; avacadoea, $407.50; strawberries, $404.50 crate. Receipts Flour, 8132 quarters; barley, 1848 centals; beans. 163 sacks; corn, 210 oeutals; potatoes. 3498 sacks; onions, 10 sacks; hay, 285 tons; livestock, 602 head; hides, 225 bales. Coffee Market Finn. NHW YORK, March 80. Reports of a very sharp advance in Braaillan milreis quotations were followed by increased ac tivity and a big jump in prices for coffee futures here at the opening today. The local opening was 80 to 88 points higher. This carried May np to 6.60c and July to 6.950, or Just about ISO points sbove the recent low records. A disposition to take profits resulted in a good part nt the ad vatice being lost. May selling off to 6.2bc and July to 6.63c In the late trading. Tne goneral market closed at a net advance of C to 21 points. March, 6.18c; May, 2Ro; Jul. 6.65c; September, 7.02c; October, 7.14c; December, 7.36c; January, 7.54c Spot coffee firmer; Rio 7s. 6Vsa6Xc; Santos is, 410c Dried Fruit at New fork. NEW YORK, March 80. Evaporated apples, firm. Prunea, weak. Peaches, quiet. STOCK LIST 1SETTLE0 HEAVY SELLING OF SPECIAL ISSUES AT rECLIXES. International Harvester, American Linseed and International Paper Objects of Bear Attacks. NEW YORK, March SO. The hopeful feeling created yesterday by the increased American Telephone dividend rate and signs of greater Industrial activity were dispelled today, extensive selling of spe cial issues at net reactions of two to ten points, unsettling the general list. Shares under greatest pressure com prised those of companies which rumor associated with new financing or dividend revision, including International Harvester, American Linseed and International Paper. Aside from the motor Industry, weekly reviews of the iron and steel trade failed to sustain the belief that any pronounced increase of demand for fabricated prod ucts Is under way. Average quotations were at lowest levels In the last half hour, the reaction being accelerated by an unexpected rise In call money from 6ft to 7 per cent. This was attributed to withdrawal of funds required to meet payments matur ing tomorrow, the end of the year's first quarter. Sales amounted to 663,000 shares. The foreign exchange market was un usually active, decided strength being shown. Liberty Issues closed at fractional gains and Paris 6s strengthened, but Pennsyl vania 6tes made a new low at 96 and other prominent bonds were irregular. To tal sales, par yalue. $10,375,000. CLOSING STOCK QUOTATIONS. , Salea, High, L05. Sale. Am Beet Sug American Can Am Car & Fdy 1.000 42 v 41 -.4 rift 29 124 42 44 86 16 .M 80 100 ;iv 33 ft 80 ; 88 84 37 42 1U 37 8ft 59 25ft 63 ft 20 ft 19ft 13 87 ft 23 12 136ft 13 74 S7V4 80 52 14 ft 55 25 17ft 143 lift 13 i.9 18 ft 9 70 ' 17 97 77 3 70 34 27 ft 1 J a 60 6,i 64 5 43 24 ft 73 21ft 107 75 41 21 40 10 117ft 23 Aft 40 ft 69 81 110 46 87 ft 40ft 8 1.2(H) 30 2ft 1,200 124 44 45 54 87 3U 94 81 108 tt 73 4 36 81 40 80 34 584 43 113 80 ft 81 60 26 65 27 19 T4 73 89 24 ft 123 ft 42ft 43 ft 86 : U3 19ft 106 .lft S3 ft M) a ST is 67 4 112 it 80 M 25 63 ft 26 ft ia 73 87 23 12 130ft loft 73 ft 8t 80 51 14 ft 5.) Soft 17ft 143 ft 17ft 13 29 IS 9ft 10 16ft 9 77 3 60 34 nw 60 60 63 5 42 ft 24 74 21ft 107 75ft 41 21 46 lift 117 ft 22 ft 60 ft i:ft 6Sft 81 ft 110 46 87 ft 411 ft 8 A H A L. pfd 2.800 Am Inter Corp l.KnO Americn Loco 1,200 Am Sm & Rfg 2,4iO Americn Sugar 300 Am Sum Tob 1.200 Am Tel & Tel 7.HK) Amer Woolen 11.800 Anaconda Cop 4.000 Atchison 1.7O0 At. Olf 4 W I 40.7IKI Baldwin Loco 3,900 Baitl & Ohio Beth Stl "B" Calif Petrolem 6.100 2.300 3.4)0 Canad Pacific 1.900 Centrl leather 16.300 Chand Motors 6.600 Chesp & Obio 1.700 Chi. M & St P Chicg A N W Chi. R I P Chino Copper. Corn Products Crucible Steel. Cuba Cne Sug Erie f,nrl Electric 1.600 800 2.600 1.21 0 1.K 6.200 1.000 2,700 12 400 137 34 Generl Motors 15.000 r.t North. Dfd 2.000 13 74 ft 87 ft 81 62 14 60 26 17 146ft 17ft 13ft 29 18ft 9ft 71 17 ft 97 ft 70 3 71 .V.4 7 ft 11 71 67 65 B 43 24 ft 7ft 21 107 78 41 ' 23 47 11 119 23 67 DO 70 ft 82 ft 110 47 SS 49 8ft Illinois Central 400 Insprn Copper 1,400 It Me Ma. pfd 100 Internl Nickel 1.400 Interntl Paper 2.600 K C Southern 12.600 Kenne Copper 1.800 Mexl Petroiem 13,300 Miami copper zw Mid States Oil Midvale steel. MiMnnrl Paclf 5.BOO 4.300 1.200 Nevada Coppr 2,oo v V Central 2.600 X Y N H & H 8.000 Norfk A West Northn Pacific Ok Prd & Rfg Pan-Am Petri 1.300 4.500 son 1.5O0 Pennsylvania. . 15.000 Pitts W Va 1.300 Ray Con Cop Reading Rep Irn & Stl Ryl Dtch. N Y Shat Arid Cnp Shell Tr . Td 1.400 9.2O0 1.2O0 4.SOO ion 1,700 Sin Oil & Rfg l?-?00. Q..,,h Pacific 4.J'H1 South Railway 2.100 8 O N J. pfd 500 Studebkr Corp SS.,00 Texas Co Texas & Paclf 2.100 Tons Products 1.5O0 Transcontl Oil 18.700 Union Pacific. 700 TJ S Fd Prdts 600 TJ S Tnd Alco B.7H0 U S Rtl Stores l.jnjj U S Rubber.. 17.100 IT s Steel.... 7,300 V S Steel, ofd 000 Utah Copper. 8..";"0 Western Union 400 West Electric 1.600 Willys - Overt 5.800 BONDS. TJ S 2s reg. . do coupon U S 4s reg. . do coupon .99!N Y C deb ..99 !N P 4s 1H.11ZIV P Us .... 88ft 76 54 104ft!Pac T T 5s... 83ft .78 IPa-con 4fts 86ft Pan 3s reg. . ..,. 78 S P cv ns ": A T ft T cv 6s. .100 SO Ry 5s 84 rhRgeQ coV4s Sgfr S S4teeV5s:::: 95 Bid. uintn Rtneka at Boston. BOSTON, March SO. Closing quotations Allmies 18 North uutte . -i- jiu niH llnm 16ft 24 37 8 lft 1 8ft 50 10 ft i ll I u ck mi,... .-n Calu & Hecla..213 Osceola ... ,i n li nn nv Centennial 7 IL Oiiincv . . Cop Range . East Butte V.anUnn . . . 31 'Superior 7lSup ft Boston., 1 'Shannon 17 UTtah Con 2ftWinona 44 ! Wolverine ..... Isle Royalle Lake Copper Mohawk ... Liberty Bond Quotations. w-nr vAnir March 30. Liberty bond quotations closed as follow8: , . Liberty 1st u.,i.Moe do 2d 4s 87.00 do 4th 4s...8, 20 do lrt 4 ft s... 87. 64 1 Victory 8s 97.58 dS 2d 4 s..-. 87.101 do 4s 87.54 Money, Silver, Ete. NEW YORK, March 80. Prime mercan tile paper. 7ft 7 per cent. Time loans steady: 60 days, 90 days and 6 months, 6ft 7 per cent. Call money easier! high, 7 per cent, low, 6ft per cent: ruling rate. 6ft per cent; closing bid. 6 per cent, offered at 6ft per cent; last loan, 6ft per cent. Bank acceptances, 6 per cent. Bar silver Domestic. 99ftc; foreign, 57ftc Mexican dollars, 43 c LONDON, March 80. Bar sliver, 33 d per ounce. Money, 6 per cent. Discount rates Short bills, 7 per cent; 8 months' bills, 6 per cent. Foreign Exchange. Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern - 1 1 . A. Dn.lan Th, Amnnn. quoted as the equivalent of the foreign umi in unueu ouiikb iuu" Austria, kronen Belgium, francs nnlvarlD leva ............ $0.0033 , .0744 , .0133 . .0138 .1805 8.9525 , .0278 .0712 .0168 .0735 .8465 .0036 .0425 .0075 .1635 .0875 .0144 .0205 .1412 .2365 Czecho-Slovakia, kronen .. Denmark, kroner Rnzlnnd. nound sterling... Finland, Tinmam France, francs Germany, marks Greece, drachmas ........ ...... Holland, guilders Hungary, kronen Italy, lire Jugo-Slavia. kronen Norway, kroner Portugal, escudos Roumania. lei Serbia, dinera Spain, pesetas Sweden, kroner Switzerland, francs 15 China Hongkong, local currency.. .4825 Japan, yen .485 NEW YORK. March 80. Exchange strong: sterling 60-day bills and commer cial 60-day bills on banks, $3.88; com mercial 60-day bills. $3.88 ft; demand, $3.93; cables, $3.94. Francs, demand, 7.05c: do, cables, 7.07c Belgian francs, demand, 7.36c; do, cables, 7.38c. Guilders, demand, 34.5c; do. cables, 34.6c Lire, de mand, 4.15c: do. cables. 4.17c. Marks, de mand, 1.58c; do, cables, 1.39c; Greece, drachmas, demand, 7.73c; Argentine, de mand, 33.75c; Brazilian, demand. 14.75c; Montreal. 11 per cent discount. Foreign Bonds. Foreign bond quotations furnished by the Overbeck ft Cooke company of Portland: Bid. Ask. Russian Bfts, 1921 17 20 Russian Sfts, 1926 11 3 Russian 6fts. 1919 18 20 French 6s, 1931 64 - 65 ft French 4s. 1917 45 46 ft French 5s, 1920 66 67 ft Italian 5s.. 1918 30 31 British 8s, 1922 T..SM 896 British 5s. 1927 372 884 British 6s. 1929 369 882 British vky 4a 800 ' 812 British ref 4s 274 386 Belgium rest 5s 66 as Belgium prem 5s ............ 70 . 73 German W. L. 5s 12 13 ft Berlin 4s 12 13 Hamburg 4s 13ft- 15 Hamburg 4fts 13 15 Leipslg 4fts 13 15 Leipslg 5s 14 15ft Munich 4s 13ft 15 iiuuich Ss 11 13J4 Frankfort 4s 15 ft 17 Jap 4s 64 64 ft Jap first 4fts 81 82 Jap second 4fts ............. 81 82 Paris 6s 96 ft 96 U K 5fta, 1921 .-. 9ft 99 V K 6fts, 1922 94 93 U K 6fts. 1929 88 89 U K5fts. 1937 '85 65ft Swift Co. Stocks. Closing prices' for Swift Co. stocks of Chicago were reported by the Overbeck ft Cooke company of Portland as follows: Swift ft Co 102ft Libby, McNeil ft Libby 10 National Leather 8ft Metal Markets. NEW YORK. March 30. Copper Steady; electrolytic, spot -and nearby. 12 c; May and June, 13c Iron Nominally unchanged. Tin Steady; spot and nearby, 29030c; futures. 29.7530.50c. Antimony Quiet: spot, 6.129523c Lead Spot, 4.10c. Zinc Quiet; Bast St Louis delivery spot, 4.634.73C. i CATTLE PRICES ARE STEERS 25 TO 50 CEXTS LOWER AT LOCAL YARDS. Dog-?, Sheep and Lambs Are Also Weak With Slow Demand. Receipts Are Light. The livestock market was unsettled yes terday and the tone sf prices generally was weak with the demand poor. Nine loads were received at the yards. The cattle market felt the effect of the tlowdng down and steers dropped 23 to 50 cents througnout the list, with noth ing now quoted sbove $8. In the hog division previous prices were realised and sheep and lambs dragged at unchanged quotations. Spring lambs are now listed the same as stock from eaat of the mountaina Receipts were 123 cattle, 286 hogs and 17 sheep. The day's sales were as follows: Wt Price. Wt Price. 1 steer. 1040 $ 7.50 7 hogs.. 128 12.00 6.1 Btoers 1101 7.25 2 hogs.. 120 12.00 30 steers 1279 7.10 2 hogs.. 185 12 25 16 steers 1000 7.23 2 hogs.. 210 12.25 25 steers 1133 7.7.1 16 hogs.. 190 12.25 23 steers 1130 7.75 2 hogs. . 140 12.00 1 cow.. 1090 5.00 1 hog... 860 9.00 1 cow.. 700 5.75 10 hogs.. 206 12.25 3 cows. 800 6.0(1 1 hog... 370 8.50 1 cow.. 1000 4.50 9 hogs.. 250 11.50 1 cw.. 1090 6 25 6 hogs.. 370 10.25 1 cow.. 800 3.00 72 hogs.. 208 12.25 1 calf. . 190 7.00 1 hog.... 410 5.00 1 calf.. 1640 ; 4.001 6 hogs.. 244 7.00 28 mixed 973 ' 7.75 15 hogs.. 168 12.00 18 hogs. 197 12.00 2 hogs.. 53 10.00 6 hogs. 172 12.25143 hogs.. 173 12.25 4 hogs. 193 12 2.il 4 hogs.. 305 9.00 2 hogs. 225 12.25113 hogs.. 318 10.25 3 hogs. 233 1 2.25 5 hogs.. 138 12.23 5 hogs. 254 12.00 1 hog... 60 5.00 6 hogs. 2S8 12.00 12 hogs .. 100 12.00 4 hogs. 445 10.00 1 Hog... 170 12.25 1 hog.. 180 12.25 7 hogs.. 274 12.25 1 hog.. 3S0 10.00 8 lambs 83 5.75 4 hogs. 175 12.25 10 lambs 83 5.75 5 hogs. 166 12.25 4 Iambs 92 6.50 4 hogs. 180 12.25 1 ewe.. 80 3.00 5 hogs. 1S6 12.00 1 ewe.. 130 6.00 3 hogs. 173 12.25 5 ewes. 126 5.00 10 hogs. 173 12.25 2 ewes. 205 8.50 12 hogs. 113 12.00 3 ewes. 76 4 00 2 hogs. 125 12.0O 2 ewes. 110 8.00 28 hogs. 305 12.00 1 bull.. 1120 4.50 3 hogs. 130 12.00 1 bull.. 1280 4.30 The following prices are current at the local yards: Choice steers 7.50 8 00 Meaium to gooa steers. .... .. Fair to medium steers....... Common to good steers Choice cows and heifers Medium to good cows, heifers.. Fair to medium cows, heifers. Common to fair cows, heifers. Canners Bulls : 7.00 7.30 6. 00 (SI 7.00 5.00 6.00 6 50 7.00 6. 00 ifi) 6.50 5.50(fr 6 00 5.50 6.00 . 2.26M 4. .10 . 8.50O" 5.00 . 12.50W 13.00 . 11.0012.50 . 6.00W 7.50 . 6 00S8 6 50 . 5.50(g) 6.00 . 12.O0lS12.25 . 11.25(911.75 . 8.00010.25 . 6 0010.20 . .12.00(912.25 , 1100 12.00 Choice dairy calves........ Prime light calves.... Heavy calves Best feeders Fair to good feeders Hogs Prime light Smooth heavy Rough heavy Stags, subject to dockage. Fat pigs Feeder pigs Sheen Prime east-of-mountain lambs 7.509 8.00 Valley lambs ,. 6.0Oin 7.00 Heavy lambs. 90 lbs. and up.. 6.00-a 7.50 Feeder lambs Cull lambB Light yearlings Heavy yearlings Wethers , Ewes 6.00(f? 6.50 4.00(H) 5.00 6 .10(9 7.00 6 00(H) 6 50 B.O0W 6.00 1.50(01 5.25 Chicago Livestock Market. CHICAGO, March 80. Cattle Receipts. 6000; beef steers generally steady; early top. $9.80; bulk beef steers. $S.239.50; butcher she stock and bulls steady: bulk fat cows and heifers. $.1.257.50; canners and cutters, $3ffl4.S0; bulk bulls. $4.75 5.75; veal calves, 2.1c to 50c lower; bulk vealers to packers, $7.50(58; stockers and feeders strong to 25c higher. Hogs Receipts. 16,000: slow: lights 10c to 15c lower; others steady to 15c higher; top, $10.25; bulk, 200 pounds down. $9.75 9 10.20; bulk, 220 pounds up, $8.659.50; pics, steady to 15c lower. Sheep Receipts, 20,000: glow; first sales sheep and yearlings about steady; lambs. 23c lower: good 92-pound shorn yearlings and twos, $7; 100-pound shorn wethers and shorn ewes. J6.2S and $.1.75. respec tively; good 85-pound Colorado lambs. $9.25. Omaha Livestock Market. OMAHA. March 30. Hogs Receipts. 14.500; 10c to 25c lower; bulk medium and light butchers, $8.70(3 0; top, $9.50: bulk strong weight butchers, 230 pounds and over, $S.25S8.65. Cattle Receipts, 3800; beef steers steady; top. $9; she stock steady to 2.1c higher; bulls and veais steady; stockers and feeders weak. Sheep Receipts, 6500: Iambs fully 25c lower; bulk lambs, $8.509.15; best bid early, $9.40: sheep and feeders steady; ewes, top, $5.75; feeding Iambs, $S.50. Kansas City Livestock Market. KANSAS CITY. Mo., March 30. Cattle Receipts, 6.100; steady. Sheep Receipts, 4500; 'steady; lambs lower. Seattle Livestock Market. SEATTLE, March 30. Hogs Receipts, none; steady. Prime. $1212.60; smooth heavies, $11612; rough heavies, $94j)9.50: pigs, $911.50. f.ntflw Rwlwl, .ma. 'r T1 steers, $8.258.75; medium to choice, $6.25 iffi.to; common to gooa, SD(0)ts; best cows and heifers, $7 7.60; medium to choice, K3tfi)A SOt rrm mir. 1a riuiil CIiRik. K..n $4.505.50; calves, light, $11 12.50; heavy' $67.50. QUOTATIONS ON DAIRY PEODtJCE Market Prices Ruling on Butter, Cheese and Eggs. SAN FRANCISCO. March 80. Butter Extras, 86c; prime firsts, 35fto. Ugga Fresh extras, 29o; extra firsts, 28ftc; firsts, nominal; dirties, No. 1, 27c; extra pullets, 28c; understand, 25ftc Cheese Flats, fancy, 24c; firsts, nom inal; Young Americas, fancy, 26c; firsts. 20c CHICAGO, March 30. Butter Higher; creamery extras, 44c; standards, 42c Bggs Lower: receipts, 19,711 cases; firsts, 23ftc; ordinary firsts, 20ffi21c; at mark, cases included. 21 23c krw vnnir iu.Mh an . n.i . creamery higher than extras, 46ft 647c Eggs Irregular; fresh gathered extra firsts, 2929ftc. Cheese irregular; state, whole milk flats, held specials, 27 ft 29c SEATTLE. Marnh an Rve.iu cal ranch, white shells, 29$30c; ditto mixed colors, 2728c; pullets, 2324c Butter City creamery In cubes, 42o bricks or Drints. 4 (tn ' extras cost to Jobbers in cubes, 89c; ator- to, oou. Naval Stores. SAVANNAH G ir,n.l. en t tine firm. 47ftc; sales, 153 barrels; receipts, iw urnii; anipmanis, 4oa barrels: stock. 5306 barrels. . Rnnin. firm? ,! finA ..ma1. . . . . ... w umicv, rCCCipiS, 453 barrels; shipments, 1720 barrels; stock. ni.oai oarreis. viuote: at JJ, 13, F G H I, $3.50; K, M. $3.60; N, $3.75; WO,' $4; WW, $4.25. .. New York Sugar Market. www vrmif VT ..... K Sn i 8.27c for centrifugal. Refined, 8.25 for fins granulated. Cotton Market. NEW YORK, March 30. Cotton Spot, quiet; middling, 12.23c. Phnna vnn. nont aAm tr. Tl,. r g-onian, Slain 7070, 'Automatic S60-95. FARMERS' WEAKENS ALL CEREALS AT CHICAGO. Crop Prospects Are Generally Fa vorable and Sew Export Busi-1 ness Is Lacking. CHICAGO, March 80. Grain underwent a severe setback in price today, largely as a result of liquidation onthe part of rural holders of corn. Wheat closed heavy, 35ftc net lower, with May $1.39K1.40 and July tl.2iei.21V Corn lost 2ftt?2fte to Zc and oats lfteto to lftc pro visions gained 5c to 80c Bearish sentiment also was emphasized owing to the nearly complete absence of new export business in wheat. All deliveries of corn and oats dropped to tne lowest prices, yet lor the present crop. Packers' buying- rallied provisions. The Chicago market letter received yes terday by the Overbeck & Cooks company of Portland said: Wheat Practically all crop advices re ceived from the country today dissipated fears of damage due to the recent freexe and this had much to do with the day's weakness. Another depressing factor was the sluggishness of demand in all markets which found reflection in reduced premi ums. Considerable of the selling of fu tures here was credited to Minneapolis interests, where cash wheat was quoted weak and 6 cents lower than yesterday. It seems that alt sections of ths country are finding more wheat in first hands than any one believed possible a few months ago and evidence Is not lacking that the bulk of It will be pressing on the mar ket because of the favorable outlook for the new crop. Early messages from the seaboard reported the foreign demand at a standstill and that Italy had bought wheat In Argentina at 4 cents leas than our prices The market is badly In need of something constructive to stimulate confidence in values and until such ap pears, lower prices are apt to be re corded. Corn It. was an active market at sharp ly reduced prices with a considerable part of the selling attributed to country hold ers of cash who have lately withheld liquidation of their holdings In antici pation - of higher prices. An outstanding factor at the moment is the poor commer cial demand for spot .offerings. In con sequence of which ths major portion of the receipts are being taken by elevator Interests and hedged In the pit. This sit uation presages lower prices regardless of whether or not the present level seems relatively too low. Oats Declined to the lowest levels on the crop In sympathy with wheat and corn and ignoring such bullish arguments as the improved demand from the east and light country offerings. Cash prices were about ft cent lower, but the spot trading basis about ft cent higher. Crop reports continued generally favorable, , . Rye Further selling by seaboard Inter ests depressed prices for rye futures Cash rye waa relatively steady with sales ot No. 2 on track at $1.44. There is no evi dence of an export demand In sufficient volume to counteract the Influence of the weakness In other grains Leading futurea ranged as follows: WHEAT. Onen. High. Low. Close. Mar $1.42 $1.42- $1.3914 $1.394 1.25 ft 125 ft 1.21 1.21 CORN. July May 63ft .63 .61 66ft .66 .64ft OATS. 40 .40ft .88 41ft .41ft .40 ft PORK. .61 .64 ft July May July .88 .40 ft May 19.50 19 65 19.80 LARD. 11.25 11.32 ' 11.15 11.57 11.67 - 11.50 RIBS. 11.82 11.82 10.82 11.20 11.37 ' 11.20 19.65 May July 11.30 11.65 May July 11.00 11.37 Cash nrifes were as follows: Wheat No. 2 red, $1.57 ft; No. 2 hard, $1.56& 1.57ft. Corn No. 2 mixed, 69ft 6 60ft; No. 3 yellow. 5658c. Oats No. 2 white, 4014 641 lie; No. 8 white, 39(S39c. Rye No. 2, $1.44. Barley. 67&68n Timothy seed $4(95.50. Clover seed $12(3)16. Pork Nominal. Lard $11. Ribs $10.5011.25. i Winnipeg Grain Market. WINNIPEtt, March 30. Cash wheat, No. 1 northern. $1.88ft; No. 2, $1.85ft; No. 3. $1.81: No. 4. $1.72ft. Futures Wheat. May. $1.76 ft; July, $1.59ft. Minneapolis Grain Market. MINNEAPOLIS. March 80. Wheat March. $1.88: May, $1.84; July. $1.81. Barley, 49Dc. Flax, No. 1, $1.76ft 1.79ft. Graia at San Francisco. PAN FRANCISCO, March 80. arain Wheat, milling. $2.3.1 fl 2,4:, ; feed. $2,309 2.40: barley feed, $1.201.25; shipping, $1.351.55; oats, red feed. $1. 45(g) 1.55; corn, white Egyptian, $2.5002.60; red milo, $1.75 1.80: rye, nominal. Hay Wheat, $1721; tame oats. $17 19; wild oat, $1215; barley. $1215; al falfa, $17j'20; stock, $1014. Seattle Grain Market, SEATTLE, March 30. Wheat Hard white and soft white, $1.82; white club, $1.30; hard red winter and soft red win ter, $1.28; Northern spring and Eastern red Walla. $1.26; Big Bend blueatem, $1.42. City delivery: Feed Scratch feed, $54; baby scratch feed, $71; feed wheat, $55; all grain chop, $44; oats, $44; rolled oats, $46; sprouting oats, $48; rolled barley, $43; clipped barley, $48; milled feed, $32; bran, $32: whole corn, $40. Hay Alfalfa. $24; double comprened alt a 1 fa, $30; ditto, timothy, -$H8; eastern Washington, mixed, $32; straw, $24; Puget sound alfalfa, $30. Dulnth Linseed Market, DTJLUTH, March 80. Linseed, $1.76. DAILY .CITY STATISTICS Marriage Licenses, CDRTIN-HALLIDAT Thomas P. Cur tin, legal, 565 Fifth street, and Anna Halll day. legal. West Fifteenth and Oak streets. BIXBY-FIKE Clarence W. Blxby, 24. Portland, and Mildred E. Flke, 22, 6113 Forty-eighth street Southeast. KNEZ - KOSULJANDICH T,awrence Knez, 30, 197 Monroe street, and Augustlna Kosuljandlcb, 23, 371 North Twenty-third street. DAVIS-LB FIBORE Bert IS. Davis, legal, 126 Broadway, and Irene Le Fibore, legal, 698 Uantenbein avenue. DONLON - MOORE Merritt William Donlon. legal, 602 Vancouver avenue, and Pearl Moore, legal, 602 Vancouver avenue. SMITH-GUSTRICH Charles H. . Smith, legal, 4206 68th street southeast, snd Katherlne M. Gustrich, legal. 6319 45tb street southeast. AFFOLTER-CROWLET Fred C. Affol ter, 28, Neskovin, Or., and Rachel Crowley, 23. 106 North 17th street. HONEY-WESTBROOK Edwin J. Honey, legal, 294 East 34th street, and Hyacinth Weatbrook. legal, 540 Marguerite avenue. BARRETT-KNAUSS William Barrett, legal, 490 66th street southeast, and Mary E. Knauss. legal. Portland. HARDIN-WRIGHT George B. Hardin, legal. 1008 East Yamhill street, and Ruby Wright, legal. 900 East Yamhill street. . REIMIO-FRANKLI.N William A. Rel mig, legal, 612 Tolman street, snd Wini fred M. Franklin, legal, 90 East 21st street north. Vancouver Marriage T.Ioenses. HARRIS-BOISE George D. Harris. 28. Portland, and Lillian Boise, 24, Portland. RAY-LA WTON Samuel D. Ray, 21. Portland, and Anna Maris Lawton, 16, Portland. DALABA-STACKHOTJSE Ray F. Dala ba, 30, Portland, and Pearl M. Stackhouse, 25. Portland. JOHNSON-ADKINS Oscar Johnson. 65. Portland, and Alice Adkina. 60, Portland. HOGER-HOGER Ernest H. Hoger, 46, Portland, and Mrs. Ada F. Hoger, 43, Van couver. . Baker School Head Re-elected. BAKER, Or, March 30. (Special.) Prentiss Brown, superintendent of public schools In this city, has been re-elected for next year, it was an nounced by W. S. Bowers, clerk of the school board. This is the third year that he has served In that capacity. The selection of the other members of the faculty will be made at the next meeting of the board. CIyIc Improvement la Aim. LEBANON, Or- March SO. CSne- cial.) The annual meeting and re ception for new memDers of the Leb-. anon Women's Civic club was held yesterday. Thirty-five new mem bers were added during- the past year, making: a total of 100 members. ;it was decided, to told tie annual clean-up day In April, and to start an active campaign for civic better ment during; this summer. The club will assist the park board In Im provement of the new city park and play ground and automobile camp grounds. EGG RAISERS ORGANIZE Cottage Grore Producers to Hold Sapplies in Storage, COTTAGE GROVE, Or., March 30 (Special.) Cottage Grove esrg- pro ducers took final action today for the storage ot their eggs, and at a meeting, In the commercial club or ganized the Cottage Grove Good Egg association, with the following di rectors: W. S. Keyes, J. F. Unison, W. G. Garoutte, T. B. McGuire' and J. F. Spray. At a meeting of the directors J. F. Spray was elected chairman and T.-B. McGuire secretary. Mr. Spray previously had made a trip to Portland and made arrange ments with a cold storage plant to care for the product. The associa tion entered Into a contract with hira to gather, grade and ship the eggs. The price has advanced from 14 centa to 18 cents during the last week. MM Employes Bay Co-operatively ABERDEEN, Wash., March SO. (Special.) A thorough test win oe given a plan for co-operative buying and selling for the benefit of em ployes by two Grays Harbor mills within the next few days. The Bay City and the National plant officials have accepted the findings of operator-employe committees, and are now ordering stocks of mercantile staples for resale to employes of the com pany at wholesale prices plus the bare cost of operating the stores. The first orders are being placed in Seattle. Later and larger orders may be sent to San Francisco. Wage Vote to Be Taken. WALLA WALLA, Wash., March SO. (Special.) Building craftsmen have called a mass meeting for Thurs day evening to decide whether to accept a 20 per cent cut In wages put into effect by the contractors, which resulted Tuesday in stopping work on the new armory and yesterday in topping work on the county garage. Only one building Is now being erected in the city as a result of the cut. Craftsmen held they had a 90 day notice clause in their contract if any reduction was made, and con tractors denied this. Baker Home Bobbed.' BAKER, Or., March 30. (Special.) DAILY METEOROLOGICAL KEPOBT. PORTLAND. March 0. Highest tem perature. 68 degrees; lowest, 39. River reading, 8 A. M., 8.7 feet: change In last 24 hours, 0.7-foot fall. .Total rainfall (S P. M. to 6 P. M.), none; total since Sep tember 1, 1920, 41.34 Inches; normal, 86.61 Inches; excess, 4.73 Inches. Sunrise, R:55 A. M.; sunset, 6:86 P. M. Total sunshine, 12 hours and 41 minutes; possible sun shine, 12 hours and 41 minutes. Moonset (Thursday), 11:25 A. M. ; moonrlse (Fri day), 2:18 A. M. Barometer (reduced to sea level), 5 P. M., 2U.08 Inches. Relative humidity: 6 A. M., 86 per cent; noon, 48 per cent; 5 P. M., 25 per cent. THE WEATHER. -i Wind 2. f o 3 5 n o 5 S - g o n ; a ; ; . T) ' . p . STATIONS. Baker 28 6810.001. .INK Clear Boise 30 60 0. 00 . .IS W Clear Boston 22 48'0.n12SW Clear- Calgary .... 20 46IU.00I . . ISB Clear Chicago .... 32 B80.0O20SW Cloudy Denver 22 40 0. 10 . . 'N E Clear Des Moines.. 36 48 0. 14. . SV i Cloudy Eureka 44 54 0.001. ,N Clear Galveston I 72O.0Ol2 SB Cloudy Helena 20 S2 0.00I..W Clear .)uneau 34 f38l1.36 12 E Rain Kansas City. 38 52;0.0O ..N Cloudy Los Angeles. 56 72,0.001. . SW" Cloudy Marshfleid .. S2 6010.001. .iNW Clear Medford 31 72 O.OOl. .NW Clear Minneapolis 31 46;0.02i2o;NW Pt. cloudy New Orleans. 66 76:0. (Hl. .SE Cloudy New York... 82 440.00 24 S Clear North Head.. 40 58 0. 00(28 N Clear Phoenix .... 62 84)0.00 .. W Cloudy Pocatello ... 26 520.OO . . NW Clear Portland .... SSI 680.ool. . NK Clear Roseburg ... 32 680.00l. . NW Clear Sacramento . 62 760.001.. W Clear St. Louis ... 8 64!O.0Oj20'N Pt. cloudy Salt Lake ... 38 50i0.0O10lNW Clear San Diego... 54 64i0. 00110 SW Pt. cloudy San Fran.... 48 66!0.0010SV Pt. cloudy Seattle 401 680.O0..W Clear Sitka 34 t421.88 ..ISB Rain Spokane .... 28 560.00 ..IW Pt cloudy Tacoma 86 6010.00 . .IN Clear Tateosh 42! 82'0.OOll0iNE Clear Valdes 22lt34i0.40(. . N Cloudy ' Walla Walla. 381 62j0.0O . .NI Clear Washington . 281 56 O.OOil2SE Cloudy Winnipeg ... 20 24)0.04 . . NW Clear Yakima 32... A. M. today; tP. M. report of "preced ing day. ; FORECASTS. Portland and. vicinity Fair, winds be coming southerly. Oregon and Washington Fair, moderate winds, becoming southerly. T.laho Fntr. ' Large Yield Long Maturity PLAN your Investments to obtain a high yield over the period of In creased bond prices cer tain to follow re-adjustment conditions. Here's an example of the oppor tunity: UMATILLA DRAINAGE ' DISTRICT Oold Bonds, Marnrlnir October 1. 1925 to 1S30, Priced 96..V) to 88.08, to , Yield - 6y2 Tax Exempt. Against the small indebt edness of only J30.000 is the assessed valuation of this district, totaling over $461,000, consisting of highly productive farms besides all of the taxable Eroperty in the town of tanfield. CLARK-KENDALL & CO., INC. , Fifth and Stark Government, Municipal Mid. Corporation BONDS 8i KiS4iJ.il Wo Own and Recommend for Investment First Mortgage 5 Bonds of the PACIFIC POWER & LIGHT CO. Due August 1, 1930 This company serves exclusively the fa mous Yakima and Walla Walla valleys in Washington, and Pendleton, The Dalles, Hood River and Astoria, Oregon. Seventy-five per cent of their gross earn ings are derived from the sale of electric light and power. Price to Yield j WASHINGTON AT THIRD fj The home of Harry Shopard, was robbed Sunday nigrht while the Shep ards were at church. A wrist watch was taken. The thieves entered What Do You Want in a Bond? i Is it safety of principal? Is it certainty of income? Is it ready marketability ? Is it increase in value? Is it one or all of these things ? Then invest in Portland Flouring Mills Company First Mortgage 8 Gold Bonds at 100 and accrued interest Phone Main 8183 for adduonal informa tion today or, better still, call at our of fice and talk it over. Bum Witter, &. Co, Ycon Bldg.s PORTLAND SEATTLE - SAN FRANCISCO-LOS ANSEUS- NtW YDIUC jjaSsisssssssssssasassssssssssssasaMasssssaMsasSM g $150,000 Issue Mortgage Bonds secured by 95 separate, individual farm mortgages aggregating $175,000, as signed to and held by Portland Trust Company, Trustee. These bonds now ready for delivery at offices of Portland Trust Company. Ask as for circular Southern Idaho Land & Power Co. PORTLAND OFFICES 1212 GASC0 BLDG. Phone Marshall 240 Money will buy more value in bonds today than it will anywhere eke. Are you using your money properly? We recommend particularly long term municipals. Call and let us go over our list with you. .. , Ws specialize la Liberty and Victory Bonds See us before you buy or sell 3 Phone your want ads to The Ore gonian, Main 7070, Automatio 660-95. SMITH aotmanoes) CAMP aUlsrsm mshs SvasM sm arm am srrasK COi sm mr V-S ml through the back door, pulled out a!l the drawers, threw the contents upon the floor and left a quantity of burnt matches scattered thronirh the homr. Our Own Bonds DENOMINATIONS $100 $500 $1000 Maturities 2 Years 3 Years 4 Years Select Denominations and Maturities to fit your individual requirements. United States of Brazil External 4:. Sterling Bonds Denominations 100 500 1000 A Direct and General External Obligation of the Repablle. At present rate of exchange, 200 purchased at present price will yield a profit of 405 at maturity. In addition to an an nual Income of over 8.21. In creases in price of Sterling Ex change will Increase this profit and income proportionately. PRICES AND COMPLETE DETAILS UPON APPI4CATIOJI IULPHSaiNEELOCilCc. HUNICIrAl AND CDRPORATrUN fUUUlS ' UJMBCRMCNS 9UILDIN8 PoaTUM&Onoai