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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (April 20, 1921)
O 1 v I. TIIE MORNING OREGONIAN, WEDNESDAY, APRIL 20, 1921 ILL WHEAT GRADES 10 GENTS LOWER eoul Is (till above a parity with the east, lower prices are expected In the trade. NEW YORK. April 19. Raw sugar, 5.64c for centrifugal. Refined, 7.65 7.75c for fine granulated. Jap anese Still in Market, but . Inquiry Less Active. FARMERS SLOW SELLERS Purchases for Oriental Account to Date About 1,000,000 Bushels Imports From Canada Factor. AD grades of wheat were 2 cents lower sa bid at the Merchants' Exchange yes terday. Business In the country was even lighter than on the opening day of the week. Offers were pat out, but farmers have not been disposed to sell since the market weakened. The Japanese demand, which was mainly nponslble for the recent flurry, was not so keen yesterday, but the Inquiry from that quarter has not erased. The Japanese are reported to have bought about 1.000,000 bushels of wheat to date, which la not thought to represent all their requirements. No little part of the eastern weakness in the last two days baa been due to the efforts of the Canadians to get wheat Into the United BLates before the emergency tariff bill becomes a law. The exports of Canadian wheat to all countries of the world during the export season from Sep tember, 1920,, to February, 1921, inclusive. reached a total of 101.967.991 bushels. Ex ports of flour amounted to 8,538,518 bar rels. Of this amount 38.945,779 bushels of wheat and 905,924 barrels of flour were Imported by the United States for eon sumption. Converting the flour Into wheat brings the total Imports of wheat from Canada Into the United States to 43.022,437 bushels. The United Kingdom was the next larg est customer for Canadian wheat and flour. having Imported 20,465,544 bushels of wheat and 1,415,892 barrels of flour. Of the total amount of wheat and flour ex ported by Canada to the United Kingdom and the other countries exclusive of the United States, nearly 41.000.000 bushels of wheat and more than 1,000,000 barrels of flour were shipped via United States ports. The following table shows the amount of wheat and flour shipped abroad from A&ierican ports and from Canadian ports for the period from September, 1920, to February, 1921. Inclusive. The wheat and flour imported for consumption In the United States is not Included: Wheat, Flour, Bushels. Barrets. Via United States ports. 4.lks7.4 1.107.474 Via Canadian ports 32.IXi4.740 1.543.12U It is estimated that at least 40,000,000 bu-shels of grain will be in store at Fort William and Port Arthur by the time clear passage Is opened between Fort William and tho lower lakes, according to the American eosul at Winnipeg, Manitoba. The bulk of this grain will probably be available for boat cargoes. Published re ports Indicate that although there has been no extraordinary rush in chaterlg cargo space, vessel men anticipate m heavy business. It Is probable that the rate quoted last fall of 4'4o a bushel will pre vail this spring on grain shipments to Lake Erie ports. CEKMANS BUT ARGEJfTIJfE WOOL Parr ha MS Are Mada as Low ma t tent Pound. The Germans have resumed buying wool m Argentina and, as they are the Only operators in the market, tbey are getting wools at exceedingly low prices, cables the Buenoa Aires correspondent ef the New York News Record. One German house bought 150,000 kilos of seeded cross breds at two pesos for 10 kilos, which is equivalent to S cents a pound. Seven pesos for 10 kilos were offered for the same lot three months ago and rejected. Tempted by the low values. the Ger mans are buying wools and storing them for future shipment. German buyers have been advised that there will, be a mate rial change in the political situation In Europe within the next two months, and they expect to buy heavily after that date. . There are growing Indications that the Germans will be the only important buy ers for the remaining six months or the season. Belgian and French export houses are selling to Germana A London house cabled for offers, which was the first British Inquiry In two months. Germans say, however, that any British buying In Argentina during the next few months will be for German accounta Bank Clearings. Bank clearing of the northwestern cities vesterdar were as follows: Cieannea. Portland ............. In.174.344 Seattle 4.9K4.175 Tacoma ............. 6h3.4?4 Spokane 1..S37.661 Balances. S T81.M1 1.41S.B70 8S.2S6 591,451 rOBTLAT MARKET QCOTATIOXS. Grain. Floor and Feed. Merchants' Kxchange, noon session. -Bld- Aprll .! 11 . 1.11 . 1.11 . 1.09 . 1.09 . 1.07 .24.00 .20.00 May 1-11 l.U 1.11 1.00 1.09 1.07 25.25 29.00 June $J.ll 1.11 1.11 1.09 1.00 1.07 25.00 29.00 Wheat Hard white Soft white White club Hard winter ........ Northern spring .... Red Walla Oats No. Z white feed Corn No. 3 E. T. shipment. FLOUR Family patents, $8.20 per bar rel: whole wheat, $t.6u; graham, 6.40; bakera' hard wheat, .fi0; rakers' blue stem patents, (7; valley bakers', tU; straights. . M1LLFEEO Prices f. o. b. mill: Mill run. 28 per ton; rolled barley. 36(838; rolled oats. 3S;scratch feed. $53 per ton. CORN Whole, J38; cracked, $41 per ton. HAY Buying prices f. o. b. Portland: Alfalfa, $18.50 per ton; cheat. 122i6-'3 per ton: clover. $16; valley timothy, $24f25; Eastern Oregon timothy, $26. Dairy and Country Frodnce. BUTTER Cubes, extras, 34 85c; prints, parchment wrapped in box lots, 39c; car tons, 4)c Butterfat, buying price: A grade 35c; B grade, 33c; Portland delivery. EGGS Buying prices, case count, 18Q 19c delivered. Jobbing prices to retailers: Ca-dled ranch 2324c; selects. 26c. CHEESE Tillamook triplets, price to Jobbers f. o. b. Tillamook, 28c; Young Americas, 29c pound. POULTRY Hens, 25930c pound: ducks, nominal; geese, nominal; turkeys, nom inal. POR5 Fancy, 16c per pound. VEAL Fancy, 1515ttc per pound. FrnlU and Vegetable. FRUITS Navel oranges. $3. 50 5.75 per box; lemons, $45; grapefruit, $3.50 to 8.50 per box: bananas, lufallc pound apples, $1.25&3.50 box; strawberries, $6.50 per crate, $3. o per drawer. VEGETABLES caDDage. s40 pouno lettuce, $4.5005.25 per crate; carrots, $1.25 ner sack: xariic. , 15W2UC per pound beets, $1.25 per sack; cauliflower, $22.25 Der crate: green peppers. goeuAuc pouna rhubarb, 6&7c per pound; spinach, 89c ner Dound: turnips. $1.5uefz per sack; to matoes. $5.50 per lug; cucumbers, $1,750 3 per dosen; peas, 13Vk(floc per pound asoaragua. 15e per pound. $2.50 per box. POTATOES Oregon, luovi.au per iuu pounds; Yakima, $1.7592; new California, 14 015 per pound; sweet potatoes, $3.50 per hamoer. ONIONS Oregon,- iscsjilzs per sacs. Staple Groceries. Local Jobbing Quotations: SUGAR (sack basis) Cane granulated. 9c rer oound: beet, b.vnc per pound. NUTS walnuts, 3ucadic pouna; srazu nuts. 20c: filberts, 12c; almonds, 243oc; peanuts, 8llc per pound; cocoanuts, $1.75 per dozen. RICE Blue Rose, oc per pouna; japan style, 4ic per pound. BEANS small wnits, c: pina, tc lima. 8c: red. 8c per pound. COFFEE Roasted, bulk, la drums, 14 o 36'4C per pound. SALT Granulatea, naie, f 3 fuspi .'s: half ground, ton. 50s, $19.75; 1U0, $19.25; lumn rock. $26.50. DRIED FRU1TH Italian prunes, se pound; dates, 14.2wbs per box; figs, (2 tjs.io per pox. t . Provisions, HAMS All sizes, 30J37c; skinned, 2SO 36c: picnic, 1719c; cottage roll, 30c. bacon Fancy, lasrodc; cnoice, suo 85c; standard, 26(S28c LARD Pure, tierces, ire pouna; com pound, tierces, 12c XIKX CALl UHCAS, -0,jc; piAica, ioc SUBflR STOCKS DEPRESSED REDUCTION IX TRADE PRICES AFFECTS SECURITIES. Steels, Equipments, Marines and Rails Are Under Pressure; Lib- erty Bonds Are Irregular. NEW YORK, April It. Today's stock market was dull and reactionary, con trary conditions doubtless accounted for the marked heaviness of certain issues such a sugars. These were under inter mittent pressure as a result of cuts in the raw and refined products, coupled with ad verse dividend rumora Extreme declinea of one to almost five points accompanied the lethargic move ments of steels and equlpmenta Shippings and rails also recorded irregular but mod erate reversals, the latter making no re sponse to the DroDosed probe of transport tation conditions by a senate committee. Sales were 465.000 shares. Money rates showed a slight relaxation, call loans on the exchange easing to 6 per cent In the latter part of the session, de spite further heavy withdrawals from the local federal reserve bank. The ultimatum of the allied reparations commission demandlnsr transfer of tier- many's gold holdings to Coblens and Co logne probably had some bearing on the dav'a movements in foreign exchange. Rates on London were comparatively steady, but remittances to all contlnenta points favored this center, including Ger man Yna rU ,nil Austrian kronen. In the bond market, liberty Issues closed at mixed gains and losses and rails con tinued to sag. Total sales, pax value. $9,400,000. CLOSING STOCK QUOTATIONS. Sales High Low Close SiiO 400 1.000 1.0110 3tK BRITISH MILLERS WELL SUPPLIED Only Strong Wheats Are Wanted for Im mediate Shipment, There la a plentiful supply of wheat In sight for British millers, who do not ap pear willing to purchase, except strong wheats for Immediate shipment, according to Broomhall's cable yesterday. Forward positions remain neglected, especially plate wheat. Continental buying continues mil Further reshlpmrnts of wheat from Egypt to tho United Kingdom are being made. Dryness is almost general In Europe, ex cept some land bordering on the Mediter ranean. Complaints heretofore have not been serious. Spring grain plantings Indi cate large areas. ' Magnificent raina 'in North Africa improved crops. India is still unwilling to offer new wheat. Rains continue in Australia, and this precipita tion la considered favorable by some, while ethers are doubtful of the rains at this time. An Argentine cable said that fine weath er continues and increasing offerings from the country broke prices in the Buenos Aires market for corn yesterday. The new crop has been making progress. For eign demand has been on a limited scale. MAKKJET FOR EGGS IS LIMITED Shipping Outlet Restricted and Prices Quoted Weaker. Efforts to sell eggs outside did not meet with much success yesterday and dealers regarded the market as weak. The general buying price was 18 cents, but one firm had a IP-cent bid out and some of the smaller houses quoted more. Selling prices by jobbers ranged from 23 to 26 cents. The butter market was steady with a fair local and shipping demand for cubes. Sales of extras were mads at 34 to 35 cents. jtovArr was In moderate supply and hens, particularly heavy weights, were firm. Dressed veal was plentiful and sold lower. Pork as unchanged. Terminal Grain Receipts. Terminal receipts, la cars, were reported by the Merchants' Exchange as follows: Portland-- Wheat.Bar.Flr.Oats.Hay. Tuesday 148 ... 14 ... 4 Year ago 8 ... 1 ... 4 Season to date ...14.734 232 74 500 2210 Year ago 7,708 173 3547 422 1983 Tacoma Monday 15 ... 5 8 1 Year ago 44 ... 27 .. 4.097 49 875 135 M .. S.412 83 2906 171 786 Season to date Tear ago ... Seattle Monday Year ago.... Season to dato Year ago ... 24 4.29S 2II 5.626 236 342 411 1276 So 637 1142 Sugar Declines Quarter Cent. Sugar prices -declined a quarter of a eent a pound In all coast markets yes terday. Locally cane granulated Is quoted at cents and beet at 8.90 cents. As the Wool, Bops, Etc WOOL Nominal. TALLOW No. 1, 3V4ff4c; No. 2. S9 3c per pound. c ASCARA bakk. lH-ti peel. 7e pound: 1921 peel, 6c pound, delivered Portland. HOPS 1920 crop, lastrwc per pound. HIDES Salted country hides, 4a deliv- red Portland: grubby hides, 3c; city calf skins. 10c; country call skins. Be;' good kip. 8c: grubby kip. 4c MOHA1K nfw cup, iifioc per pouno. GRAIN BAGS Car lots, 7c, coast. Oils. LINSEED OIL Raw. in barrels, 89c; five-gallon cans, $1.04. Boiled, in barrels, lc: five-gallon cans, $1.06. TURPENTINE la drums, 89c; five-gallon cans, $1.04. COAL OIL Tank wagons and Iron bar rels. 17V4C: cases. .0937c. OASOLINE-Tank wagons and iron bar rels, 30c; cases, 42e. SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Freeh Fruits, Etc., at Bay City. SAN FRANCISCO, April 19. Vegetables Asparagus, 6t?'10c: potatoes, rivera. $2 O2.40; sweet, lancy Hall, $506; new white, 35c: Garnets, 6r6c; onions, Australian brown. 40rgfi0c; green, $1,259 l.r0; celery, $l.2.Fr3 crate; garlic. 7 10c; cauliflower. 40rj7"c dozen: cabbage, lc per pound; bell peppers, 5?15c; tur nips, 60cg?$l sack; beets, ilfttfl.50 sack; parsnips, $22.25 sack; carrots. 75c&$1 sack: peas. 5n9r: rhubarb. $1.251.73 box; lettuce, $2.2rtii'3.75; artichokes, $i(&9 crate; spinach, 2gr314c; string beans, 20035c; eggplant, 10$15c Poultry Hens. 2840c: strictly young roosters. 42&45c; old. IS 21c: . fryers, 50 060c; broilers, 3350c; . ducks, 30ti3Ac; squabs, 5055c; pigeons, $3&3.50 dozen; Belgian hares, 23&25c; Jackrabblts. $30 3.50 dozen. Fruit Oranges, navel, $24.75; lemons, $203.50; grapefruit. $1,506 3.50; apples, Newtowns. $1,7513.25; strawberries, south ern California.-$3. 253. 50 crate: peninsula. $1 fp .50 drawer; Avocadoes, $30$7. Receipts Flour, 2197 quarters; wheat 910 sacks; barley, 39115 centals: oats, 670 centals; beans, 8472 sacks; potatoes, 7978 sacks; onions, 300 sacks; hay. 50 tons; hides, 050 bundles; lemons, 800 boxes. QUOTATIONS ON DAIRY PRODCCJ? Market Prices Ruling on Butter, Cheese and Eggs. SAN FRANCTSCO'. April 19. Butter Extras, SNc; prime firsts. 3614c. Eggs Fresh extras, 28c: extra firsts, 27c: firsts, nominal; dirties, 254c; extra pullets, 26Sc; undersized pullets. 21c. Cheese Flats, fancy, 19Hc; firsts, 17c; Young Americas, fancy, 22c; flrsta, nom inal. CHICAGO.' April 19 Butter Iwer. Creamery, extras, 46c; standards, 48'rsc. Begs Lower. Receipts, 50,608 cases; firsts, 24tt025c: ordinary firsts, 21022c; at mark, cases included, 22024c. NEW YORK. April 19. Butter Unset tled. Creamery higher than extras, 46 46 4c; creamery extras, 45 fee; creamery firsts. 426 44c. Eggs Steady, unchanged. Cheese Weak. State, whole milk, flats, fresh specials, 2154 0 221-ic; pthers un changed. EATTLH, April 19 Eggs Select local ranch, white shells, 2Hig2lc; ditto, cnixed lolcra. 26t4 027c; pullets, 25c Butter City creamery In cubes, 39c; bricks or prints, -40c; country creamery extras, cost to Jobbers in cubes, 36c Metal Market. NEW TORK. April 19. Copper, quiet Electrolytic, spot and nearby, l2c; May an: June, 13c Tin, easier. Spot and nearby, ' SO 75 0 31.00c; futures. 30.50030.75c. Iron, nominally unchanged. Lead, steady. Spot 4.25c. Zino, steady. East St. Louis, spot 1 65 04.70c. Antimony ..apot 5.12 03.23c. Duluth Unseed Market. PULUTH, April 19. Linseed on track. $1.55 01.57; arrive. $1.55. j Cotton Market. NEW YORK. April 19. Cotton future closed easy -at a net decline of 27 to .40 points. Spot cotton quiet. Middling, I1.95C Hardware Business Sold. ESTACADA. Or., April 19. (Spe cial.) Bert H. Finch, who, for eight years, has been In the hardware busi ness in Kstacada, has sold out to Harry H. Smith of Hilhsboro,' ho has taken possession. Next month Mr. Finch plans to go on an auto tour with his family in southern Cali fornia. .... Am Beet Sug. Am Can Am Car Fy Am H A L pf Am Int Corp. . Am Loco .... Am Sm & KTg 1.7' 10 Am Sugar ... &.(HM Am Sum Tob IX 0 Am Tel A Tel 0OO Am Woolen.. 600 Am Z L & S. 500 Anaconda Cop S,60 Atchison 40 Atl G A W I. 101.000 Baldwin Loco 6,000 Bait Ohio. Beth Stl "B" B 4 8 Copper Cal Petroleum Canadian Pac Cent Leather. Chandler M.. Chea & Ohio. C M ft fit P.. C R I A Pac. Chlno Copper. Corn Products Crucible Steel Cuba Can Su Erie Gen Electric Gen Motors... G N Ore Ctfa. Inep Copper.. Int M Mar vt i . v-. i. l 1.2O0 1.90O 1O0 5,300 3.60O 2.000 700 500 800 700 1.600 2. SUO 8.2VO 3.700 2O0 UK) 7.410 700 1.400 200 1.200 lat Paper ... 1.4O0 K C Southern 7(M) Kennecott Coo " g.soo Mex Petrol.. 39S.00O Miami Copper l.SOU Mid States Oil.225.000 Mldrale steel. 40O Mo Pacific... 300 Nevada Cop., l.loo N Y central. . N Y N H A H Northern Pao. Okla P A Rfg Pacific TAT Pan-A Petrol Pennsylvania ." Ray Cons Cop Reading Rep Iron A S Roval O. .N I Shell TAT.. Sin Oil & Rfg Southern Pac. Southern Ry.. s 1 1 nf -31 j nr Stude-b'r Corp.250.O0O Texas Co. ...115,000 Texas & Pac. 60 Tob Products. 2.1O0 Transcon Oil.. Union Pacific. U S Ind Alco IT R Retail St U S Rubber,. I44VOOO U S Steel..'.. 7.100 do preierreoj j Utah Copper.. 1.40l West union,.. iw West Electric !'" Willys-Over . 200 4O0 uoo 3.9O0 1.100 3O0 T.000 2.1O0 1.200 2.800 7.6O0 l.oio 7.SO0 -4.900 800 300 .IK 2,200 200 1.200 37 20 123 44 ft 42 86 40 81' 73 Vi 106 72 80 88i 86 Vi 34 to 60 12"4 47 Vi HO 30 to 81 60 25 264 22 to 72 to 801, 19to 12to 13 13 to 60 to 34 to 50 15to 62 25 20 146 4 2L ' 14 to 27 to 17 to 11 to 6S54 17 72 to 3to 45 71 to 85 to 13 to 6Sto 60to 63 to 42to 25 74 to 21 to losto 78 to 42 to 20 40 13 115to 66 SO to "Oto 81 to no 52 to 88 to 47 to 7to 3 to 2:to 123 42to 42 85 40to 87 to 73 106 72 9 ato 80 36 85 to S3 64)4 12 to 46 loo to 34 79 59 24to 26 22 71 70to IS 12to 130 , 12 ' GO -33 50 to 15 61 24 into 143to 20 37 to 21 123 42 42 85 40 88 73 to 106 72 9to 39 to 80 37 to 85 33 55 12to 46 109 34 to 79 to 59 to 24 to 2 22 71 to 79 IS 12to 136 12 6U 34 50 to 13 61 to 24 19 144 20 13 14 27 17 llto 68to 16 71 3 45 611 84 to 12 67 to 59 62 to 41 24 74 21 loto 77 4-2 20 49 llto 11-4 94 66 50 68 81V4 110 M to 88 to 47 to 7 7 17 11 to - 6S 17 71 Sto 43 70 34 12 67 to 60 63 to 42 to 24 ft 21 lOSto 78 42 20 49 llto 114 66 50 60 81 110 51 88 47 to 754 BONDS. U 8 2s reg..:-. .99 N T O deo 6s... .is do coupon ...'.n-iw nc a i-its do 4s reg...104to do 3s .54 do cv 4s cou WtolP TAT 6s 4to Pan 3s reg. .. " con OO coupon . . 7si . - -- A T & T cv 6s. .fmtois R R os...., Atch gen 4s....7IU Pac 4..1. D A R con 4S..OJlu oieei o Bid. ...83 ...7!) ...96 .B0.56 .87.54 .97.46 .97.50 Mining Stocks at Boston. . Allooez 20 INortn Butte ju Aril Com RtolOld Dom...... IN Cal & Aril.... 4tolOsceola 25 Cal & Hecla...227 Superior ...... J Centennial ... I ifup.ot oina.. is Cod R Con Co. S4 to 'Shannon 8 B Butte Cop M StolUtah Con 3 Franklin l winana ' Isle Roy (cop.) 18 to Volverlne 11 Lake Copper.. 2IGreene Can.... 24 Mohawk 4-Stol Liberty Bond Quotations, v-kw YORK. April 19. Liberty bond Quotations closed as roiiowo. 8, 89.70iTliird 4tos First 48. . . , . . -ni.iu' r ourui - w Second 4s 87.40',Victory 3s First 4 Us 87.40. Victory 4s Second 4s ...87.441 - ' Swift Co. Storks. ; for Swift A Co. stocks of reported by the Overbeck A Cooke company of Portland as follows: Swift A Co Llbby. McNeill A Lrbby 10 Vatmnal Leather ....,,- 7 Swift International Money, Silver, Etc NEW YORK. April 19. Prime mercan tile paper. 7to7 per Cent. Time loans, firm: ou aays, vu nays ana six months, 6 7 per cent. Call money, easier; high, ruling rate and offered at 7 per cent: low, closing Dia ana i'.si loan, 6 per cent. ' Bar silver .uomesuc, vvc; lurcisa. 60 toe. - Mexican dollars, 46 c LONDON. April 19. Bar silver, 84d per ounce. Money, 6 to per cent. Foreign Bonds. lroreiffn bond auotatlons furnished by the Overbeck A Cooke company of Port land: . . tsia. ASK. 16 18 8 30 17 18 58 50 ...... 45 46 ; 68 9 38 119 SS6 31'8 3I9 3S1 .371 3S3 2!IS 310 274 2SS 65 67' 69 71 12 13 11 13 14 15 14 15 14 15 15 lti 14 15 16 18 15 16 74 82 V4 83 82 83 97 97 ...... " 99 95 fl . 88 88 84 85 francs, demand 7.43. cables 7.45; guilders, demand 34.59, cables 34.69; lire, demand 4.73. cables 4.75; marks, demand 1.56, cables 1.57; Greece, demand, 6.75; Argen tine, demand 32; Brazilian, demand, 14; Montreal, 11 per cent discount Coffee Future Lower. KBW YORK, April W.-After opening one point lower to one point higher, the market for coffee futures sold about five to six points above last night's closing quotations with the market closing at a decline of one to four points. May, 5.68c; July, 6.12c; September, 6.52c; October, 0.68o; December, 7.00c; January, 7.09c; March, 7.27c ' Spot coffee dulL Bio. 7 8; Santoa, 4s . Naval Stores. SAVANNAH, Ga., April 18. Turpentine, steady, 52 c: sa-les. 200 barrels: receipts, 811 barrels; shipments, 18 barrels; stock, 4864 barrels. Rosin, firm; sales, 802 barrels: receipts, 1110 barrels; hipments, 1 barret stock, 75,376 barrels. Quote: B, $3.60; D. $3.75; E. F, G, H, I. $3.80; K, $4; M. $4.10; N, $4.20: WO. $4.50; WW, $5. SHEEP AT LOWER RANGE PKICES IrOWX 50 CENTS TO $1 AT IOCAIi STOCKYARDS. Lamb Quotations Are Unchanged. Hogs 'Weak at Former Prices. Cattle Trade Quiet. Sheep price were Quoted 80c $1 lower at the stockyards yesterday. Good lambs were not changed. The only rail receipts were in this division and they made up the bulk of the day's business. In the hog division the only arrivals were drive-ins, which sold at firmer prices. Tho undertone of the hog market continued weak. Cattle were nominally steady. Rail receipts were 600 sheep. The day's sales were as follows: Wgt. Price. 3 lambs 53 $ 9.00 WHEAT ICEIPIS HEAY PRIMARY POINTS GET TWICE AS MTJCH AS YEAR AGO. Wet. Price 9 steers 1024 $ 6.00 X cows. 1030 4.50 5.00 1 5.50 lcalf.. 140 lstag. 9M) 6 mixed 605 30 hogs 99 4 hogs. 270 3 hogs. 210 2 hogs. 180 6 hogs. 208 lhog.. 260 5 hogs. 182 2 hogs. 170 14 hogs. 228 2 hogs. 255 2 hogs. 218 lhog.. 290 6 hogs. 92 8 lambs 60 67 lambs 73 224 lambs 75 2 lambs 105 The following local yards: 9.50 10.50 7.60 6.00 6.001 6.001 8 lambs 60 lambs 12 lambs 56 ewes. 167 ewes. 16 steers 1 hog.. 1 hog.. 11 hogs. 10 hogs. 6 hogs. 1 hog.. 2 hogs. 4 hogs. 7 hogs. 7 hogs. 6 hogs. 1 hog . . 14 lambs 26 lambs 60 67 80 84 96 1024 220 350 9.00 4.00 6.00 2.25 3.75 6.50 6.00 4.00 129 10.75 191 11.00 200 11.00 190 10.75 165 10.00 105 10.75 170 191 11.00 11.00 10.75 9.75 2 00 2.60 Choice steers . . 7.25(9 8.00 Medium to good steers 6.50 7.50 Fair to medium steers . Annrfti a so Common to good steers 6.00 6.00 Choice cows and heifers 6.00 6.75 Medium to good cows, heifers. 6.50 6 00 Fair to medium cows, heifers. 4.00 5.50 Common to fair cows, heifers. 4.00p S.50 Canners 2.503 4.00 Bulls a soai R on Choice dairy calves 11.0011.60 rnme light calves 7.00 10.50 Heavy calves 4.00n 7.00 Best feeders 6.00 IS 6 00 Fair to good feeders.... ...... 6.500 6.00 Hogs Prime light .". 10.00 11.00 Smooth heavy,. 250 to 300 lbs.. 9.50 10.50 Smooth heavy, 300 lbs. and up 8.00 9.50 Rough heavy 6.00(g) 9.00 Stags r. 8.00 9.00 Fat pigs 10.5011.00 Feeder pigs 10. 004j 11.00 Sheen Prime east-of-mountaln lambs t.OOi 8.00 valley lambs Heavy lambs, 90 lbs. and up. Feeder lambs Cull lambs Yearlings Wethers , Ewes S.00 6.25 600 6.00 3.003 5.00 2 (III iql 4.00 4.506) 6. 00 4.00IO) 5.00 1.000 4.00 Good Growing "Weather Is Also Re sponsible for Material Decline In Chicago Market. CHICAGO. April 19 -New declinea In the wheat market today carried tho July delivery down to the lowest PTice this season. Liberal receipts and good 'weather were more or less) responsible. The close was unsettled, 2c to 2c net lower, with May $1.21 to $1.22 and July $1.0261.03. Corn finished the same as yesterday to ltoc down, oats off c to c and. pro visions at a setback of 17c to 5oc Beara put stress on the fact that re ceipts of wheat at primary points were more than twice as much in volume ad a year ago. In this connection the ar rivals at Minneapolis and Duluth were especially scrutinized, awing to changed circumstances likely to result from pas sags of the emergency tariff bill by the senate. Warmer tenvperatures desirable, to promote growth of the new crop were likewise of much advantage to sellers and so also were bearish reports from field experts. Late in the session, how ever, the market had a little recovery. owing to word of export business believed to total 2,000.000 bushels and destined for the most part to zo to Germany. Italy Spain and Belgium, torn, and oats sagged with wheat, but declines were checked to some exten-t by knowledge that vessel room to Buffalo and Montreal had been chartered for L4-25.000 bushels of corn. Considerable liquidation on the part of holders of provisions waa Induced by the weaaness 01 grain. The Chicago market letter received yes terday by the Overbeck A Cooke company o. r-ortiana said: Wheat -Higher temperatures over the telt failed to bring out any complaints of crop deterioration and In consequence sen timent again became pessimistic as to the stability or values. Liquidation was par ticularly conspicuous In July which sold 2 below the previous low mark. There was evidence of support on the decline. At the close the tone was rather firm. Belgium. Spain, Germany and Italy were In the market and took about 2,000.000 bushels for export despite the report that Argentine wheat laid down on the conti nent is now slightly cheaper than Amerl can. All United States cash markets were easy and from 1 to 4 cents lower while. strange enough, Winnipeg cash wheat was strong with No. 1 northern being 22 cents over their May. On the surface the do mestic situation appears quite bright, but this condition is now a matter of history and we believe there Is a far greater prob ability of occurrences in the immediate future changing for the better than of be coming more pessimistic Corn Outside trade was limited and prices receded In sympathy witht wheat. Receipts of 111 cars met a good demand at a firm basis. At this level of prices corn should begin to attract attention as an investment purchase. Oats This market met good buying on the breaks and held comparatively firm. Receipts were small and the cash market strong with sales of 65.000. Country of ferings remain light, leaving the market susceptible to bullish influences. Rye Trade was more active than re cently with the July delivery subject to pressure because of the weakness In wheat. Seaboard Interests were the leading buy. ers on the decline and although no busi ness was confirmed It was intimated that some might be done. Leading futures ranged as follows: WHEAT. Open. High. Low. Close. $1.22 $1.23 $1.20 $1.21 l.tM'i 1.02 1.02 CORN. .56 .56 .56 .60 .50 .59 OATS. .31 .35 .36 37 .37 .37 May. July. May. July. May. July. 1.03 .56 .60 .36 .37 to Chicago Livestork Market. CHICAGO. April 19. Cattle Receipts. n.uuu nead. Light beef . steers steady weighty kinds and feeders slow, weak: ton. $9.25 on yearling steers and heirers; bulk beef steers. $7.76e,8.75: butcher she-stock and bulls steady: bulk fat cows and heif ers, $I&7.75; canners and cutters mostly $3.5004.25; bulk bulls, $5ig)6.25: veal calves strong to higher; bulk to packers. $7.508.50; stockers steady; bulk stockers ana ieeaers, su.in. Hogs Receipts. 18.000 head. Fairlv le tlve; light and light butchers steady to ioc lower; others strong to 10c higher than yesterday's average. Top, $9.35, one load: practical top. $9.25: bulk 200 pounds and down. $9tr9.2S; bulk 220 pounds and up, $8.30(8)8.35: pigs, mostly 25c lower; bulk desirable. 90 to 120-pound pigs. $8.35(B9. Hneep Receipts, 13.000 head. 25c higher on choice; 91-pound shorn lambs to ship pers, $10: 81-pound shorn to packers, same price; bulk shorn lambs, $910; no choice wooled lambs sold early: practically no sheep here; few head 110-pound shorn bred ewes, $0.30. Omaha Livestock Market. OMAHA. April 19. Hogs Receipts. 9600 nead. steady to 10c lower; 180 to 240- pound butchers, $8.108.35: top. $8.40 butchers, 250 pounds and over, $7.5068; pacKing graacs, sti.zn. Cattle Receipts. 9300 head. Beef steers and she stock steady to 25chirher: top sieers, 4B.4U; duiis ana veals active, strong stockers and feeders dull. Sheep Receipts. 15,000 head. T.ambs 2.ic higher; wooled lambs, $10.25: clipped ambs, $; sheep, 25c to 6O0 higher: too ewes. $7.2o; feeders strong. li Russian, 5s, 1921 Russian, otos. 1926 Russian, 6s.'1919 French, 5a, 1031 ... French, 4a, 1917 ... Flench, 5s, 1920 ... Iiallan, 5s. 1918 ... British. 5s, 1922 ... British, 5s. 1927 . .. British, 5, 1929 ... British, vky, 4s ... Urltish, ref. 4a .... Eelglum, rest 5s . . Belgium, prem. 5s . German W. L. 5s Berlin. 4s Hamburg, 4s Hamburg. 4a .... Leipsig, 48 I elpslg, 5s Munich, 4s Munich. 5s Frankfort, 4s Jap, 4s ,. Jap, 1st 4tos Jap. 2d 4s Paris sixes U K. 5s. 1921 .... U K, os, . .. U K. 5 "is. 1929 ... U K. otos. 1937 .... Foreign 'Exchange, Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portland. The amount quoted Is the equivalent of the foreign unit in United States funds: Country. Foreign unit. Rate. Austria, kronen ,..$.0033 Belgium, francs .0745 Bulgaria, leva .0133 Czecho-Slovakia, kronen .0145 Denmark, kroner , 1815 England, pound sterling 8.9425 Finland, flnmark .0240 France, francs 0732 Germany, marks 0163 Greece, drachmas t 07t0 Holland, guilders 847ft Hungary, kronen .' .0042 taly. lire . .. .twiu Jugo-Slavia, kronen Norway, kroner ., , Portugal, escuaos Roumanla. lei Serbia, dinara Spain, pesetas Sweden, kroner Switzerland, francs China- Hongkong, local currency... Shanghai, taela Japan, yen .0077 .1610 .01115 .0170 .029.1 .1395 -.2380 .1740 .5150 .6700 .4875 NEW YORK, April 19 Exchange, easier. Sterling demand. $3.92; cables, 3.vto; francs, demand 7.23, cables 7.25; Belgian Kansak City Livestock Market. KANSAS CITY. Mo.. April 19. (Unite- States Bureau of Markets.) Cattle Re ceipts, 11.000 head. Beef steers weak tq 2.1c lower; neavies orr most; bulk of sales. $7.258: yearlings and she stock steady to weak: best yearlings, $8.6069; choice cows, $6.5066.65; bulls and calves fully steady; best vealers, $8.5069; canners and feeders dull with prices weak. Sheep Receipts. 1000 head. Killing oiasses, 23c to soc nigner; mostly zoc high er; 77-pound wooled lambs. $10.85: 80 pound clipped, $9; top light yearlings, late, $9.30; best heavy steers. $8.50. Seattle Livestock Market. SEATTLE. April 19. Kogs--Receipts, none. Steady. Prime, $10.75611.25; smooth heavies, $0.75610.75; rough heav ies, $7.7568.20; pigs, $1011. Cottle Receipts, none. ' Weak. Prime steers, $7.7568.20; medium to choice, $6lF? 7.25; common to good, $5.5066.50; best cows and heifers, $6.0067; medium to choice. $4.3065.50; common to good, $36 4.00; bulls, $4 66.50; light calves. $10,509 12; heavy calves, $667. B QVD PROSPECTUS ISSUED Bandon Shows Municipal Assets In Hydro-Electric Project. MAESHFIELD, Or., April 19. (Spe cial.) In preparation for sale of the hydro-electric bond issue for $110,000, the city of Bandon has prepared an elaborate prospectus of the city's as sets for distribution to bond buyers. It covers ten typewritten pages set tins forth varioua facts. The assessed- valuation for 1920 was given at $1,137,350. The bonded in debtedness, which would include the proposed new bonds, would amount to $243,000. The city declares there will be no further bond issues within a period cf , five years, and adds that with the new power and light system completed the municipality would be sole owner of all its public utilities. ' Murder Case Strengthened. . . ABERDEEN, Wash., April 19. (Special.)- The case against Harry Kar ginoff, Adam SIrhoff and Pete Am !aloff, charged with the murder of Nicolas Koleski, Aberdeen patrolman, ast September, has been materially strengthened by new information filed at Montesano by the sheriffs of fice and the Aberdeen police, the au thorities announce. The case of the three, men will come up for trial May 16. t Big Timber Tract for Sale. EUGENE, Or., April 19. (Special.) -The forest service has advertised for sale a tract of 4,400,000 feet of spruce timber in the vicinity of the mouth of the TJmpqua river in the Siuslaw forest. It was said that the timber ia near the river and wrll be easy to log. May. . July. . MESS PORK. 15.85 1605 ioisj 15.00 10.35 9.65 10.10 8.77 9.15 LARD. May.... 9 82 9.90 9 65 July.... 10.25 10.35 10.10 SHORT RIBS. May.... 9.00 9.00 8 77 July 9.40 9.42 9.15 Cash prices were: Wheat No. 2 hard, $1.34; No. 2 mixed. $1.38. Corn No. 2 mixed, 56e; No. 2 yellow 56 c. . Oat No. 2 white, 37c; No. 3 white, 366.16 c. Rye Nominal. Barley 106 70c. Timothy seed I4.ii06. Clover seed $13618. Pork Nominal. Lard $0.00. -Ribs $8.20 6 9.25. Minneapolis Grain Market. MINNEAPOLIS. April 19. Cash wheat closed: No. 1 daj-k northern, fancy. $1.50to 4r1.ni ; No. 1 dark norther. $1.1(7 ton 1.38; No. 2, $1.2901.34; No. 3. ii.istofri.34to; No. 1 northern. $1.::16 1.41;; No. 2, $1.2361.33: No. 3. $1.16 61.27; No. 1 red spring. $1.23 6 1.8to : No. 2. $1. 2161. 25to: No. 3, $1,106 1.20 No. 1 dark hard Montana, $1 .44 to 6 1.47 to : No. 1 hard Montana, $1.39 frl.42to : No. I durum. $1. 2661.30; fancy, $1. 4661.50; No. 2 $1.2861.33; No. 2. $1.221.26; No. 3, $1.201.22. Flax No. 1. t.5i 61.53. Futures Wheat: May, $1.15; July, S1.08. Winnipeg Wheat Market. WINNIPEG. April 19. Cash wheat: No 1 northern. $1.70: No. 2. $1.63: No. 3, $1.60: No. 4. $1.44; No. 5. $1.37to; No. 6, $1.20to: brack. $1.60,. Futures Wheat: May, $1.50 July, 1.30. . Grain at San Francisco. SAN FRANCISCO. AprU 19. Grain- Wheat, milling, $1.9062; feed. $1.S06 190; barley, feed, $161.10; shipping, $1.2061.35; oats, red feed, $1.4061.00; corn, white Egyptian, $2.402.00; red mill, $1.70 61.80; rye, nominal. Hay Wheat. $20621; tame oate. $17 19; wild oats. $12613: barley. $12615: alfalfa, $17620; stock, $10614. Seattle Grain Market. SEATTLE. April 19 Wheat Hard white, soft white and white club, $1.17: hard red winter, soft red winter and northern spri-ng. $1.14; esatern red Walla, $1.10; Big Bend bluestem, $1.20. City delivery: FeeoV-Scratch feed, $47; baby scratch feed. $71; feed wheat, $47: all grain chop, $42: oats. $39; rolled oats, $41; sprouting oats. $44; whole barley, $38; rolled barley, $40; clipped barley, $4; milled feed, $30; bran, ' $30; whole corn, $88; cracked corn, $40. Hay Alfalfa, $24; double-compressed alfalfa. $30; ditto timothy. $38: eastern Washington mixed, TI32; straw, $24; Puget sound alfalfa, $30. ' Dried Fruit at New Tork. NEW YORK. April 19. Evaporated ap ples, steady; prunes more active; peaches, dull. tlon at Portland. "It was a decided credit to the county," waa Mr. Meach am's verdict G. H. Curry, president of the La Grande realty board, com plimented the local board on their progress! veness. FIRE STARTED BY RAIDERS Orricera Abandon Still to Flames but. Return to Assault. MABSHFTELD. Or, April 19. (Spe cial) Local officers recently discov ered two barrels of mash in a cabin four miles and a half from Marshfield, in the forest on the Cam man road, and in taking a lamp placed in a pit to keep the mash at proper tem perature, spilled the kerosene and set the rubbish on re. Tbey departed under the impression the cabin would be a loss. Later talk was indulged urging prosecution of the officials fur burning the cabin. The officers returned to the cabin and found the fire bad gone out and no damage was done. The owner of the maeh bad returned to the place and run off the two barrels of mash and prepared another barrel, which the oficers found and spilled and be sides captured a still which had been brought to the premises to run the second batch of mash. DUAL' DEBATE PLANNED Whitman and Willamette Teams to Meet Friday. WHITMAN COLLEGE, Walla Walla, Wash., April IS. (Special.) Willam ette university and Whitman college clash in men's intercollegiate debate Friday, for the first time in the his tory of both institutions, a dual de bate being scheduled for this date. The question to be debated ia "Re solved, That immigration from south eastern Europe should be prohibited." Mowbray Tate of Portland, Or., and Prentice Warner of Spokane uphold the negative side at Whitman, with Virgil Thomas and Fred Harper of Walla Walla meeting the Oregon school at Salem. The question is the same on which Whitman defeated the University of Washington in dual de bate last February, Whitman winning both the affirmative and negative sides of the question at Whitman and at Seattle. New teams will, however, meet Willamette. Centralia Treasury Replenished. CENTRA.LIA, Wash.. April 19. (Spe cial.) W. W. Dickerson, city treas urer, today received from the Lewis county treasurer checks totaling $35, 967.40, representing the city's share of taxes paid to the county treasurer. The remittance will be used in re ducing the city's current expense in debtedness, and when bo applied will reduce this Indebtedness to $15,633.67, the lowest figure in many years. When Mr. Dickerson was elected treasurer in 1915 the outstanding cur rent expense warrants totaled ap proximately $99,000. Churches Give $100 0. EUGENE, Or., April 19. (Special.) Between $900 and $1000 was col lected at the different churches of Eugene Sunday for the Chinese relief fund, according to reports to the headquarters of the chamber of com merce. Some of the smaller congre gations have not yet been heard from. Organization of a county campaign will be completed this week and every community in the county will be asked to contribute. SECURITIES of a local company should merit your confi dence. The Portland Flouring Mills Company , has been established since 1884. You undoubt edly eat "Olympic" products daily. Our circular presents the complete financial . details. Investigate the company's first mort- gage bonds today. They yield Sr0 for 15 years. Blyth, Witter. & Co. UJuTED STATES COVERJWEJTT MONICTPAI. AM) CORPCRATIOII BONDS Yeon Bid?., Portland. Main 8183 Buy on the Rising Market For the first time in twelve months securities earning: big dividend returns are on a rising market We are offerinff an issue of common stock in the Wichita Royalty Company on basis that WILL NET 36 PER YEAR Sounds impossible, doesn't it? and it will be impossible in SO to 60 days. As soon as money matters get back to normal this kind of security is bound to double. Call or write and we will send you full particulars regarding this A-l, approved security paying 3 monthly. . I10WLAND & PEDERS0X, Inc. 1314 L. C. Smith Building Seattle, Wash. NOTE The Wichita Rovaltv company Is n eslabltshed. hlghlr rated oil producing company whose assets consist of oil pro ducing properties only. Please do not misconstrue this offering with the usual "wildcat oil promotion schemes" onercd t the public. CAREFUL' INVESTORS should pur chase securities from an institution whose character, stability and manage ment are an assurance of continued pro tection to its customers. This bank maintains its Bond Depart ment to afford you that assurance and protection in making safe investments. RBERVf SYSTEM- DAILY METEOROLOGICAL REPORT. PORTLAXD. AprU 19. Maximum tem perature. 55 degree.., minimum. 48 degree". River reading, 8 A. M.. 8. 1 feet: change in last 24 hours, 0.2 foot rise. Total rainfall (5 P. M. to o P. M ). 0.1K Inch: total rain fall since September 1. lflliO. 41,.,18 inchen: normal rainfall since September 1. 3M.7D Inches; excesa of rainfall since September i, ii-u. o. iif incnes. sunrise. 0:11 a. unset. 7:03 P. M. Total sunshine. April JH. z nours a3 minutes; possible sunshine, 13 hours 4ft minutes. Monnrise "Wednes day, 6:37 P. M. Moonset Thursday. 4:f.5 A. M. Barometer (reduced t-o sea level) at S P. 11., 30.06 Inches. Relative humid ity at S A. M., K9 per cent; at noon, 81 per cent; at S P. M.. 80 per cent. TTtE WEATHER. CAPACITY OUTPUT IS AIM Xew Bnehner Still at Xorth Bend Put on Efficiency Basis. NORTH BEND. Or., April 19. (Spe cial.) Henry Buehner, manager of the Buehner Lumber company, was hopeful of creating- 1000-feet-per-day output the man n the company's up to-aate sawmill in mis cuy. wim this view in mind he took his three leading- assistants to Portland and the Columbia river, where they In spected the highest efficiency mills with the object In- view or learning where the output of the Buehner mill could be improved. . The trip resulted In the belief among the manager' and assistants that the Buehner mill was quite as conveniently, arranged as any mill they saw arid without changes could be made to meet the desired output. The mill since resuming has not reached this goal, but the manage ment believes it will be running more than the 1000 feet daily within two or three weeks. TATIONS. s 3 f 2 H 3 3 sS' i 5 ' Win Wthl Baker 40 S4l0.02llilSW Boise ' 4i BtiiO.ntl. Boston .... 3. ...I0.00I..I Calgary 30 6o!o.Ocl . . IB ChlcaKO ... 4 8 0.on12:SW Denver 3S 7-'!0.00l. ,SW Des Molne. 44 71'0.00l..8 Eureka 48 S60.10..S Galveston .. Ji 8IO.O(lllL"ISB Helena .... 40 ,'.-1 0.0o!l HU Jnnciul ... MtiO.OOl. .IHB Kansas City 48 7BI0.0OU2S Los Angeles 48 84 0.001. .IS W Marshfield . 48 BLI0.8..S Medford ... 4 BB0.02. .N Minneapolis I 421 74 0.OOI..ISW New Orleans 52 70 0.001. ,1KB New York .. 80 44:0 . Ofll . . IN W North Head. 4li 4Ni0.3810iVV Phoenix ... 52 8010.00 . .SW POcatello .. 44 4HiO.S..RW Portland ... 4!) 5510. HI , . S Roseburg... 48 B4'0.12..SW Sacramento 4(1 40.0O..S St. Louis... 48 72'0.0O 12iS Fait Lake. 50 Bn'0.00 . . IK San Diego.. B2 04 0.00 12I.VW S. Francisco SO 80 0.00 14 NW Seattle .... 4 B2 0.22120 SW Sltkat 32lR40.82..SB Spokane 44 84 0.02I18ISW Tacoma 40 B2 0.20ll8l.SW Tatoosh Isd. 44 4HI0.8Mli2!8W Valdozt ... 38 410.00l. .1 ! Walla Walla 48 2!o.02ilO'W Washington 38 00 0.001 . .INW Winnipeg .. 34 54-O.00ll!N-W Yakima ... 40 eO'O.OOIHIW tA. il. today. P. M. report day. . ICIoudy Kaln fioudy Clear Clear Pt. cloudy Kaln Clear ICIoudy Cloudy Clear Clear Cloudy Cloudy Pt. cloudy Clear Rain ICIoudy I t. cloudy Cloudy , Rain. Rain ' I't. cloudy Clear Cloudy Clear t. cloudy Cloudy Cloudy Cloudy Cloudy Cloudy Cloudy Kaln Clear Clear Pt. cloudy FORECASTS. Portland and vicinity Sho-wers; south westerly winds. Or.rnn .nil Wash Inrf on thnwers frA.H southwesterly' winds. Exempt From All Dominion Government Taxation. City of Edmonton, Province of Alberta 6 GENERAL OBLIGATION GOLD NOTES Dated September 1, 1920 Denominations: $100, $.-00, $1000 Principal and semi-annual interest (March 1st and Sept. 1st) pay able in United States Gold Coin in New York. MATURITIES Due Sept. 1, 1922, Price 96.09, Yielding 9r' Due Sept. 1, 1923, Price 93.61, Yielding 9r'o Legality approved bv Malone. Mulona A Lone Toronto. Canada ".Telephone or Telegraph Orders at My Expense, Earl C. Bronaugh, Trustee in Bankruptcy, for Morris Brothers, Inc. Gold Notes on Hand Ready for Immediate Delivery BOYS ARE APPRECIATIVE Yonnjrsters Vote Thanks tor Enter tainment at Aberdeen. ATjrrrjDKF.M. Wash., April 19. (Special.) The older boys coniereiiLc members of which haa lor tne v .., .h-. Hiivi enloyed the hos pitality of AbcrQen homes, at their final session " j tA -r,i ut ions of thanks to the chamber of commerce. Younjr Men's Commercial club. Kiwanls ana ttoiary ai..k. the churches and the press for the part each played la the entertain- " Officers -of the conference .tor the coming year are: aymon ' "T" -,irt.nt John t eatner- stone. Rolling r-.v. first vi-e-pr.fl- City of Vancouver Realty Board Elects. BAKER, Or., April 19. (Special.) Colonel James A, Panting- was elected president oi the Baker county realty board yesterday following- the resig nation of Ed Rand. The election followed the weekly luncheon of tha board, at which W. E. Meacham, secretary of the local cham ber of commerce, told of the Baker exhibit at the recent mining- exposi-j 3SB3SSEK ONDS IMPROVEMENT PROVINCIAL SCHOOL WATER to yield 6 to 8.50 Western Bond & Mortgage Co. . Main 113 HO Fourth St. Board of Trade Bldar. Ground Floor British Columbia r I yield FOR SALE A limited amount of the capital stock of a well-known, long-established local financing concern. A valuable buy. redeemable at par at regular intervals and earning a high return with a good guarantee. - P. O. BOX 415a. over Due February 1, 1923 Wire orders "collect" We specialise In Liberty and Victory Bonds We handle larire and amall or ders alike. We buy and aell a larire amount of thene bonds dally. If you want a quick de cision, a close price, get in touch with us. HOUND PLOOK IVMauiMSMa Bun.aiM Fifth ano araM a-wav a4 Camp b co. y dent: Howard Costlpnn, Centralis., second vice-president ; l-'red Kicliard. Sumner, secretary - treasurer. The next meeting will ho held at CVn tralia. The official attendance IIkuio was 3f.S. ::::::::i:::n::at:::n For $560 Yon can purchase onfe share each of eight sub stantial listed dividend paying stocks that will bring thirty-two dividends or a total of $62 Annually which would mean on the Investment Purchase may be arranged under-' our monthly pay ment terms, ' -, . Copy of circular rc-to sent free upon request together with our booklet " Thrift-Savings-Investment." GfRRLEsRClilLRKSONfi f 66 BROADWAY NEW YORK TELEPHONES: RECTOR 4.63-4 i it iiu::::::::::::::::::::::::::::::::::::::::::::::::::::::i:::ii:::i:::::i HERRIN & RHODES, Inc. (F.stnMUhrd 1S0 BROKERS MEMBERS ('tlir,r:0 HOARD Of 'l it A UK. Corre-spondenO. K, V. Hl'TTO A CO. Members f Vrk Murk Ki. chance. I'Hvale Lraurd Wires Direct to All nrrtirlly anil Com modity Markets. LIBERTY AND VICTORY BONDS BOM.UT AND SOLD MAIM 2 S3 and 2H4 201-5 RAILWAY liXCll. ULOU.