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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 23, 1922)
2a TIIE MORNING OliEGONTAN. SATURDAY, DECEMBER 23, 1922 SH USE BEOUIIIED jJO SI FORESTS i iOregon May Keep Timber , indefinitely, Says Speaker. SOUTH IS CUTTING OUT fj. A. Xelson Tells Lions' Club Careful Utilization and Re k, Xorestation Necessary. r Twenty per cent of the entire tim ber supply of the United States Is located in the state of Oregon and by careful use, together with a sane reforestation plan, the stand in this Etate can De retained indefinitely. This information was given to members df the Portland Lions' club at the weekly luncheon yesterday in the Multnomah hotel by L. A. Nel son of tho West Coast Lumbermens association. , The timber supply of the south is speaker, and the slack is being taken up in the Pacific northwest. Aiiis accuunis lor many buuiuein Pine lumbermen entering the west ern timber field. One of the features of the meeting "was the Introduction of the new J,ions' quartette, composed of Dow y. Walker, Harvey Wells, Albert Ekleman and W. H. Moore. This quartette has been trained by Jack Henderson of the Community serv ice and the appearance of these singers was a big surprise to the Lions in attendance. ASIATIC BOYCOTT URGED JLNDIAN EXTREMISTS TOLD TO CONTINUE POLICY. Ex-President of National Con i gress Has Vision of Federation I of All Asiatic Peoples. ' AMRAOTI, India,- Nov. 24. (By the Associated Press.) Continua tion of the non-co-operation pro gramme, with special emphasis on obstruction of the legislative coun cils, is the policy urged upon Indian extremists by C. R. Das, former president of the Indian national congress. Mr. Das was unable to preside at the session of the con gress last year, being then in prison In his advice concerning what ehould be done by the congress at Its annual session opening at Gaya the week of December 25, he main tains that the most effective method for the attainment of home rule is the boycott of the councils, both Jrom within and without. The non-co-operation movement, he declares, lias succeeded in its immediate aims and he looks forward to co-operation with other Asiatic peoples in the formation of an Asiatic federa tion for the maintenance of peace and liberty. "Conerress atrencies should be established in America and in every European country," his statement says. "We must keep ourselves in touch with world movements and In constant communication with the Jovers of freedom all oyer the world. I have hardly any doubt that the Fan-Islamic movement, which was started on a somewhat narrow Ibasis, has given way, or is about to give way, to a great federation of all Asiatic peoples. It is the union of the oppressed nationalities I Asia. - GRAYS HARBOR CUT HUGE B7 MILLS PRODUCE BILLION 1 FEET IN 1922. Final Figures May Establish New I Record for Aberdeen, Ho I quiam and Cosmopolis. ' ABERDEEN, Wash., Dec. 22 Special.) The lumber cut of the 17 mills of Aberdeen, Hoquiam and Cosmopolis will be- approximately l,ouu,uuo,ooo reet for the year 1922 according to mill estimates dust an nounced. The shingle cut of 11 plants will be approximately 610,- 000,000 and the lath cut of the va riouB mills will be about 150.000.000 pieces. The harbor payroll for 1922 will be more than $11,000,000, ac cording to conservative figures com piled from bank figures. The final figures for the year may Establish a new record, as the esti mated total is but 100,000,000 feet phort of the cut of 1920, which so Jar is the record for the harbor. More than two-thirds of the 1922 output has been shipped by water, trtie estimated water shipments at the end of the year are 750.000,000 leet, which is one and a half times Jthe best previous water year. The largest cut this year was made by the Grays Harbor mill, Ho riuiam, which cut approximately 320,000,000 feet. The Grays Harbor Commercial company, Cosmopolis, ranks second, with 95.000,000 and the Donovan mill, Aberdeen, third, with S4.000.000. PHONE COMPANIES FILE Jilamath Line Incorporates and j Shows $50,000 Capital Stock. SALEM. Or.. Dec. 22. (Special.) Ethe Klamath Telephone & Telegraph company, with headquarters at Fort ivlamath and capital stock of $50,000, has been incorporated by Joseph Wessig, J. H. Hessig and Augusta J-iessig. The Klamath Telephone & Tele graph company of Lake has been in corporated by Joseph Hessig, J. H. ttchBig ana u. K, Robertson. The capital stock is $0,000 and head quarters will De at Lakeview. iiie auiu-lm nennisninsr com pany, with headquarters in Portland and capital stock of $5000, has been incorporated by W. A. Kuhlman, . a. jensen ana j-i. f. Kuhlman. lTAX TO CHANGE LITTLE t'lackamas to Pay Less State Levy ' but Would Retire Own Debts. OREGON CITY, Or., Dec. 22. Special.) Although the state tax nssessed against Clackamas county tor 1923 will be reduced $13,404.03, lbs estiis Jm flies tas souaty.,wju not change materially, according to w. B. Cook, county assessor. The amount of -state tax to b raised by the county will be $342, 276.12 for 1923 as against J355.6S0.15 ! for the previous year. The county levy will be determined at tne Dua get meeting December 30. The levy as drawn for the- tentative budget provide3 no increase in the amount levied last year, but the county court is to ask the taxpayers to make the 6 per cent increase and to . apply the difference upon the reduc; j tion of the outstanding warrant in debtedness. CANNERIES ARE TO RISE Growers Inspect Plant to Get Ideas for Others. EUGENE, Or., Dec. 22. (Special.) Members of the board of directors of the Oregon Growers co-operative, association made a thorough inspection of the cannery and evap orator of the Eugene Fruit Growers' association here today with a view to gaining ideas to be incorporated in the erection of a number of plants which the state association contemplates. The announcement was made that canneries may be erected next year at Salem and Newberg. The union is contemplating the erection of a cannery and evaporator to take care of the grade of fruit that it is un able to ship. NEW ENCYCLICAL READY Document Issued liy Pope Today Held Highly Important. ROME, Dec. 22. (By the Associ ated Press.) Pope . Pius tonight completed the encyclical containing the programme of his pontnicate, and the document will be made public tomorrow. It contains more than 1000 woras. Monsignor Galli, secretary of briefs to princes, has completed the Latin text. The document Is awaited with great expectation, Vatican circles pronouncing it one of the most im portant in the history of the church. AUSTRALIAN LABOR GAINS Increase of Five Won In Federal House of Representatives. MELBOURNE, Australia, Dec. 22. Labor has made further gains in the general elections of last Satur day, according to revised rigures given out today, the tabulations showing there will be 29 labor mem bers in the federal house of repre sentatives. This is an increase of five over labor representation in the last house. Premier Hughes party has 27 seats, while the liberals and country party combined have 19. Anto License Plates Held Vp. OLTMPIA, Wash.. Dec. 22, (Spe cial.) No automobile license plates are going into the mails now and none will be mailed until December 27, because of the congestion of Christmas mail, Fred J. Dibble, di rector of licenses, said today. Plates are being prepared for mailing, and after the Christmas rush has been cleared up next Tuesday the depart ment .will mail about 25,000 sets which will be ready by that time. Vienna Has New Bank. VIENNA,Dec. 22. Richard Reish, vice-president of the Boden-Kred-itanstat, has been appointed presi dent of the new national bank. M. Jansen, director of the Belgian Na tional bank, has been named vice president and trustee for foreign creditors. More than half of the capital of the national bank which was constituted today has been subscribed. France Hears Coast Radio. HARTFORD, Conn., Dec. 22. The amateur radio station operated by L. L. Klahanm, in San Francisco was heard in France December 19, a report today to the American Radio league said. This Is the sec ond west coast station heard by European amateurs. Yule Gifts Given Employes. BEND, Or., Dec. 22. (Special.) Christmas checks which the Brooks Scanlon Lumber company and the Shevlin-Hixon company are issuing to their employes here will total $8 TOO. Austria Raises Import Duties. VIENNA, Dec. 22. Import duty increases, whereby the duty on sugar and lamp oil is trebled, were announced today. The duty on cof fee is increased 20 per cent and that on tea 30 per cent. DAILY METEOROLOGICAL REPORT PORTLAND. Dec. 22. Maximum tem- nerature. 48 degrees: minimum, ad de grees. River reading, 8 A. M., 2.8 feet; change in last 24 hours, 0.5 feet. Total rainfall (ft F, Al. to o f. M. ), .! incnes; total rainfall since aeptermer l, ivn, 14.08 inches: normal rainfall since Sep tember 1, 17.13 inches; deficiency of rainfRll since September 1, inches. Sunrise, 7.51 A. M. ; sunset, 4.29 P. M. Total sunshine, none: possible sun shine, 8 hours. 37 minutes. Moonrise, Saturday, 11:20 A. M. ; moonset, Satur day, 10:19 P. M. Barometer (reduced sea level), 5 P. M 30.11 inches. Rela tive humidity, 5 A. M., 100 per cent; at noon, 05 per cent; at 5 P. M., 95 per ent. . TH3 WRATH UK. Wind, 33 STATIONS. 3 2 Baker . . . Boise .... 361 3010.001. .IS 161.-. .(0.0012 2t 32U0018NW 341 44tOjOOj. . 2S 44i0.0020S 381 60I0.00112IW 28 64 0.00 . .IW Cloudy Boston Snow Calgary . Chicago . Denver ... Des Moines Eureka . , . Galveston Helena Juneaut Pt. cloudy Pt. cloudy Clear Clear Clear Clear Cloudy 40j 646.0O. ,SW 481 6410.001 34 4 U.U1I . . .Us8io.oo 401 640.00i Kan. C ty 12 sw Clear Clear Los Angeles' 58 76!0.00 w Marshfield Medford . Minne'lis 321 3610.OO Cloudy Cloudy . . . 34!0.00i 24 40j0.00 44 1 661O.OO 321 3610.00 SE 10 NW Cloudy Clear New Orl'ns ...s New York NW Pt. cloudy Cloudy North Headl 441 50i0.16 28- S Phoenix . Pooatello Portland . Roseburg Sac 'men to St. Louis . Salt Lake 381 7210.001. .(N 26 30IO.0OI1OIS 33 4810.17 .. SB 30 4000(..N 42 460.00.. SB Clear ;CIoudy iCloudy t. cloudy Cloudy . Clear 50 0.001. .IS 32i0.00 . . W Cloudy San Diego. 70j0.0013!NW 620.0Ol0INW 50I0.0SI201S i Clear San Fran. Seattle . . Clear Rain Cloudy Sitkat . Spokane 142 .... .. .. 28) 400.00..SW Tacoma Ram Rain Tatnoah Isl. 481 4810.30130 S Valdezt ....-It30i...... ( Walla W'lal 40 5210.001 .. ISW Pt cloddy Wash'ton I 261 44!0.0010NWCloudy Winnipeg .1 12! 2010.011.. INE ICloudy Yakima ... 12 4210.00 . .NWClear tA. M. today. tP. M. report preceding day. FORECASTS. Portland and vicinity Occasional rain; southerly winds. Oregon Fair, except rain northwest portion. Washington Rain west portion, rain or now east portion; strong southerly winds. Phone your want ads OregvBiap, Jfeia IWt to The ARTIEST DIRECTS ORHTiliRK Wheat Growers Will Handle National Situation. TRUSTEES DECIDE MOVE Sales Agency Will Assist in For mation of New Marketing Bodies in Middle West. The Northwest Wheat Growers', asso ciated, la to be in charge of organiza tion work for wheat marketing associa tions in new states, according to word received at the Portland headquarters of tne association. ThiB action was decided upon by the board of trustees at - the raeeting recently held in Minneapolis. A motion on this point asked the sales agency to care for the growth of the movement In new sections until this duty can be taken over by the- American Wheat Growers,' associated which, It is expected, will be put in operation in the near future. In the past the development of the Fooling movement from one state to an other has been brought about by in dividual action of the associations. This was the case when the Oregon Co-operative Grain Growers was put underway with the assistance of the Washington association, and Washington. Idaho and Oregon acted individually in glv-ng as sistance to Montana. The decision to put the organization work in the hands of the northwest associated is important at the present time because of the fact that both Min nesota and South Dakota farmers are Planning to set up associations, and are looking to other states for assistance. By pooling their energies in the selling agency the state societies expect to pro v;de more efficient assistance for these new ventures. HOLIDAY QUIET IN GRAIN TRADE Bids Cent Lower for Later Deliveries on Local Board. Not much interest was shown in the wheat market yesterday. Offerings were of fair size, but demand was licking. Business Is not expected to revive until alter the holidays. At the Merchants' Exchange December bids were unchanged except on western white, which was 1 cint lower. AU January and February bids were down a cent except soft wnite, which was the same aa Thursday tor all deliveries. Corn and oats averaged 50 cents cheaper on bid. Profit taking by holders together with Christmas curtailment of new ventures had a bearish effect at Chicago. The close was easy at to 1H cents net decline. At the opening the market reached the apex of prices, due chiefly to indications of possible export business of unusual volume and because of an upturn at Liverpool. Subsequently, however, foreign demand was only fair, and mostly confined to wheat grown in Canada. During the remainder of the day, little power to rally developed. Gos sip that heavy arrivals of new wheat were expected at Argentine ports early 'n January and that Greece was buying on credit in Argentina, was a bearish factor and so, too, was word that Min neapolis stocks of wheat had increased 700,000 bushels for the week. Announce ment that directors of the board of trade had gone on record as favoring quick legislation to aid the farmers was without apparent effect on the market. , The Chicago wire to the Gray-Rosen-baum Grain company follows: "Market quiet holiday affair. Trade inclined to even up. Sharply higher early meeting Increased selling, which light trade unable to absorb "readily. General news continues bullish. Disinclined to lcrk for any serious break, but rather believe prices likely. Good export deanmd cvernight. Liverpool remaining strong." Liverpool closed d lower for Decem ber at 10s 9d, Id higher, for March at 0s ld and Id higher for May at 8s iod. . . Buenos -Aires wheat opened unchanged. Terminal receipts, in cars, were re ported by the Merchants' Exchange as follows: Portland "Vf ht. Bry. Fir. Cn. Ot. Hy. Friday 45 ... 6 ... 3 15 Year ago 72 . i. 5 1 1 Sea. to date..l2.060 362 916 848 434 10B8 Year ago 19,473 137 1248 2S8 534 938 Tacom; Tear ago.... 41 3 1 636 216 860 137 Sea to date , Tear ago 6,523 91 S59 88 492 Seattle Thursday .. 12 ... 10 12 1 3 Year ago .. 21 . . . 2 8 Sea. to date 5,045 27 1422 688 333 948 Tear -ago .. 4,978 129 1303 519 2Ul 939 Astoria . - Thursday . . ' 5 Sea. to date.. 485 4 44 5,6 47 TURKEY S AT 81 CENTS WHOLESALE Supply Very Heavy and Demand Not tip to Expectations. Receipts of dressed turkeys were larger yesterday than the day before and this only made the market weaker. A con siderable quantity was shipped out but there were still too many for the local trade. Buying by Uy retailers did not come up to expectations and with what were probably record receipts the whole sale price has fallen to the lowest mark in several years. The best quotation reported during the afternoon was 81 cents fpr choice birds. Some lots were said to have been sold, a cent lower than this- It Is evident that a good many will have to be stored for later sale. , Live poultry continued to come in freely, but there was LitWe or no Bale for It and prices were nominal. SURPLUS OF EGGS OX STREET Stocks Accumulating in Spite of Lower Prices. Eggs are accumulating on Front street in spite of every effort made by dealers to keep down the surplus. Candled ranch eggs were quoted at 45 cents and selects at 49 cents and these prices were shaded by some sellers. Buyers were scarce as most of the retailers are obtaining their supplies direct from farmers. The butter market was generally steady at unchanged prices. Wheat Shipments Continue Large. World wheat shipments last week and the same week last year were: WK. ending Wk. ending Dec. 16. Dec. 17. '21 U. S. and Canada 9.47O.00O Argentina ...... 1,070,000 Australia 96.000 Others 600,000 8,685.000 532,000 760.000 48,000 Total .....11,238,000 10,005,000 Shipments for the season to date com pere aa follows: Total since Same period July 1. '22 Last year. TJ. S and Canada.. 240.630,000 232,940.000 Argentina 43,570,000 15.411,0(10 Australia 10.576.000 38,144,000 Others 5,651,000 2 644,000 Total ... .300,427,000 288,832,000 Fresh Produce Trade Heavy. An unusually large holiday trade is being done by the fruit and vegetable Jobbers. Country orders have been heavy and city trade has shown a great improvement. Stocks in all lines are ample and most prices are firm. AVool Quiet but Firm. BPSIQtf, l?, SftsXta Commercial Bulletin tomorrow will say: Considering the fact that business is usually dull during the last few weeks of the year, there is a remarkably good tone to the wool market. While trade has be;n some what spotty, there has been a fair vol ume of business done at prices which are fully firm throughout the list. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances. Portland $5.914,74 $1,702,707 Seattle 5.354,374 1,255,436 Spokane 1,629,524 616,125 Tacoma, transac- ' tions 2,287,000 PORTLAND MARKET QUOTATIONS Grain, Hour. Feed, Etc. Merchants' Exchange, noon session: December. January. February. Wheat Bid. Ask. Bid. As.lt Rid Islr tt. wnt. .$1.00 . S. wht. . . 1.25 . W. win. ....... N. spr. ... . . . W. red Oats 36 nat. . 35.00 . 38 nat. . . 37.00 . Barlev . $1.49 $1.55 $1.50 $1.57 1.2n . . 1.25 . .. 1.19 .. .. 1.20.. .. 1.16.. . . 35.00 . . . . 37.00 . . ... 1.19 . ... , 1.20 . . . 1.16. . . 33.00 . ... 37.00 . 44 Ibs.. 36.00 . 36.00 40 lbs. 35.00 35.00 . 35.00 Corn 2 E. T. . . 32.50 34 55 as.nn 34 sn as fin 84 75 3 E. T... S2.00 33.50 32.00 33.50 3i 00 34.no FLOUR Family patents. $7.80 ner barrel; whole wheat, $7; graham; $6.80; bakers' hard wheat, $7.30; bakers' blue stem patents, $7.55; valley bakers', $6.30; straights, $6.15. JilLLPEED Price f. o. b. mill; mill run, ton lots, $33; middlings, $47; rolled barley, $42 44: rolled oats. $45: cratch feed, $49 per too. CORN White, $42; cracked, $44 per ton. HAT Buying prices, f. o. b. Portland: Alfalfa, $21 22 per ton: cheat, $20; oatB and vetch. $22: clover. S20: v&llev timothy, $23; eastern Oregon tlmo- Batter and Country Produce. - BUTTER Cubes, extras,- 47tg48c lb.; prints, parchment wrapped, box lots. Sic; cartons, 52c. .Butterfat. 53c delivered Portland; Boc station buying price. EGGS Buying prices: Henneries, 40c current receipts, 3tic. Selling prices: Front street, candled ranch. 45c: selects, 40c; pullets, 40c; association selects, 50c; association lirsts, 47c; asso ciation puiiets, 40c. CHASSIS Tillamook triplets, price to Jobbers, f. o. b. Tillamook, 30c; Young America, oic; longnorns, 3ic pound. POULTRY Hens, 1422c; springs, 1720c; ducks, white, lfi20o: sreese. 18c; turkeys, alive, 25c; dressed, choice, OJ.C VEAL Fancy, 12,c per pound. PURK Fancy, 12Vc per pound. Fruits and Vegetables. Local Jobbing quotations: FRUITS Oranges, navels, $4 5. 50 box: Japanese, $2.25 per bundle; lemons, $9j 30 box; grapefruit, S3.7d7.50 box: nana- lias, lUtllic lb.; ca&abas, 2j?4o lb.; pears, 2GGpz.dU; grapes, afifiuc pound, apples, 75c $2.50 per box ; cranberries, $21.50 per barrel, $11 per half-barrel box, $7)7.30 per tmra-barrei pox. uregon, ou(fl)oc per sack; Yakima, 85cfg'$l.o0 per sack; sweet potatoes, 3((jtc pouna. ONIONS Oregon, 42.252.50 per sack. VEGETABLES Cabbage, 24jj3c per lb.; lettuce, $45.50 crate; garlic, 15 20c lb.; green peppers, 2oc lb.; toma toes, $4.50 per box; Hubbard squash, l2c lb.; beets. $1.75 per sack; tur nips, 12 2. 25 per sack; cauliflower, $2.25 8) 2.50 doz. ; celery, S5 5.50 crate : DumDkins. !52c lb.; carrots. S1.50 ner sack; artichokes, $2.25 per dozen; sprouts. ldttfiic pouna. Staple Groceries, Local jobbing quotations: SUGAR (sack basis) Cane, granu lated, 8c pound ; beet, 7.80c pound. NUTS Walnuts, - 15 & 30c per pound Brazil nuts, 13 15c ; almonds, 16 ft Q 28c: peanuts, 88c; filberts, 19 25c pecans, 30c; chestnuts, 16 & 40c; hickory, 14c per pouna. I RICE Blue Rose, 66c lb. COFFEE Roasted, bulk, in drums, 20 39 fee per pound. SALT Granulated,, barrels, $2,600 2.65; half ground, tons, 50s, $17; 100a DRIED FRUITS Dates, lie per pound; figs, 15 4f22o per pound; apples, 12314c per pound; peaches, 15c; prunes. 8 to 13c; apricots, 2i y 31c. BEANS Small white, 3c; pink, 7Hc; red, 6sc; nma, iuc jo. HONE Y 4. 50 5. 2 5 per case. Oils. LINSEED OIIj Raw, in barrels. S1.10 5-gallon cans, $1.25; boiled, n barrels. Sl.l; o-gaiion cans, ji.zi . TURPENTINE In drums, $1.82; 6- rallon cans, $l.i. WHITE LEA1 100-pound kegs, 13 &o per pouna. GASOLINE Tank wagons and Iron barrels, 2oc; cases, 26c per gallon. DISTILLATE Tank wagons and iron barrels, lofrc per gallon. Provisions. Local jobbing quotations: HAMS All sizes. 25 27c per pound kinned. 2027c; picnic, I617c; cottage roll. Hoc per pouna. BACON Fancy, 33 42c; choice, 28 B2c: stanaaras, ziitfioc LARD Pure, tierces. 16c; shortening, 14c Dound. DRY SALT BACKS 20 23c; plates, 1U cents. Hides, Hops, Etc. HIDES Salted hides, alt weights. 10c green hides; all weights. 8c; salted bulls. 14c; salted or green kip, 11c; hair-slipped hides and skins, half price; flint dry hides, loc; flint dry calf and kip, 16c dry salted hides, 12c; calls and dam aged, half price. Horse hides, green or j salted, each, $2 2.50; colt skins, 50c1 $1; dry horse, 75c$l with, mane and j tail on. SHEEP PELTS Dry sheep pelts, long, ! 23c; dry sheep pelts, short, 11 He; dry sheep pelts, pieces, ll&c; dry shearlings. each, la 25c; salted pelts, long, each $11.50; salted pelts, short, each 75c $1.2a; salted shearlings, I0o0c; salted goats, long,. $12; salted goats, short, 50c $1; dry goats, long, per lb., 15c; dry goats, short, each 2550c goat shearlings, 1020o. TALLOW No. 1, 55e; No. 2, 5c per pound; grease, 3H4c per pound. CASCARA BARK New peel. 8c per pound; old peel, 8c per pound. OREGON GRAPE ROOT Per lb.. To, HOPS 1922 crop, 7c per pound. WOOL Valley wool, fine and half blood, 35 40c; three-eighths blood, 82 35c; quarter blood, 30 32c; low quarter, 25 27c ; matted, 22 25c. MOHAIR Long staple, 45c, delivered Portland; short staple, 40c; burry, 25a per pound. Lumber. The following are direct quotations on Douglas fir and represent approximately prevailing f. q. b. ,mill prices In carlo ts and are based on orders that have been negotiated: Pre vailing Price. $51.00 Flooring. High. 1x4 No. 2 VG $55.00 Low. $47.00 4200 37.00 42.00 1X4 NO. 3 VO 44.00 1x4 No. 2 & B, SG . . 4O.00 1x6 No. 2 & B, SO .. . 43.00 Stepping No. 2 & B 65.00 Fin. No. 2 and better 1x8 10-inch 59.00 Casing and base . . 66.00 Ceiling 4x4 No. 24 B .... 40.00 1x4 No. 2 & B 39.00 Droii siding 1x6 No. 2 & B 42.00 1x6 No. 3 ' 39.50 Boards and SL No. 1 lx8-10-inch 3.1 8.. 20.50 ' lxl2-inch 21.00 Dimension No. 1 S & E BR.00 63.00 59.00 S7.00 38.00 40.00 37.50 41.00 17.00 19.00 2x4 12-14 19.50 Planks and small timbers 4x4 12-16 S. 4 S 22.50 17.50 18.50 18.50 21.00 22.50 24.00 3x10-12 12-16 S. 4 S. 24.00 Timbers 32 ft. and under-6x6-8x10 S. 4 S, ... 25.00 Lath Fir 5.00 22.00 23.00 Coffee Futures Higher. NEW YORK. Deo. 22. The market for coffee futures was higher today on moderate trading. The close was 10 to 16 points net higher. Sales were re ported about 22,000 bags. Closing quo tations: January, 9.97c; March, 9.73c; May, 9.43c; July, 9.03c; September, 8.60c; December, 8.24c. The spot coffee market was quiet. Rio 7s, ll4c to llo; Santos 4s, 15c to 15c. Metal Market. NEW YORK. Dec 22. Copper Firm ; electrolytic, spot and nearby 14 14?4c; futures, 4c. Tin Firm; spot and nearby, 38.50c; futures, 38.50 38.7Sc, Iron Steady, unchanged. - LeadJ Steady; spot, 7.267.33a Zin5 Quiet; East St. Louis, spot and nearby delivery, 7.007.1Oc. Antimony Spot, 6.256.50c. .. The Oregonian is the medium through which many people supply their wants by using its classified columns. Keleplioas iXaia 2A7J2. PRICES DROP TO BOnDM LEVELS Effect of Holidays and Prof it-Taking Felt. EXPORT TRADE IS BRISK Greece In Market or More Thau 3,000,000 Bushels or Wheat; Big Orders, in Sight. BY CHARLES D. MICHAELS. (By Chicago Tribune Leased Ware.) CHICAGO, Dec. 22. While gram val ues opened slightly higher with May wheat at a new high for the season the undertone was not especially strong and with holiday dullness and . pre-holiday profit taking and evening up prices de clined irregularly and the finish was about ,the bottom. Wheat was off l cent; corn, l154e; oats, HTic and rye 1 cent. Foreign news on wheat wa.s bullish with deferred deliveries in Liverpool Id higher on light Argentine offerings and a better milling demand. Tnjre was fair commission house buying in -evidence here at the start with May wheat up to $1.26, but the bulge brousht-out profit taking and also some pressure and a drop to $1.24 followed. Around tlie inside figures some, of the early sett ers took the buying side and checked the break. The heavy undertone in corn naa considerable influence on whRt. Considering the fact that foreiirn mar kets will bo closed tomorrow the ex tort demand for wheat was active with sales of over 400,000 bushels anl Greece vas in the market for 3,000,000 bushels. Cables indicated that a good business wos in sight after the holidays. Light rains fell in Argentine. Broom hall's agent cabled that laree receipts were expected at the ports early in January. Coarse grains showed a decidedly heavy undertone from the start. Some of the local professionals went nn t nf thlr nomings of corn early and the market received only moderate nunnnrl until May touched 72, at which figure buying orders were in evidence. Liberal re ceipts of corn with prosnects for laree arrivals over the double holiday had considerable influence and sentiment gi nerallyin both corn and oats wa.a munh ises Dullish than of late. Cash grain oasis snowed little change. A small ex port business was done in corn at the seaboard. Receipts 564 cars corn Vnd to cars of oats. Rye was under nressure from .nmmln. sicn houses and while there was anme buying that looked like against export saies tne undertone was rather easy in sympainy witn wheat. The two north western markets had 139 cars. Commission house buying of lard with sirengtn In nogs had a bullish effect on tha market and the finish was 1214 to Sentiment among wheat and corn trad ers was more bearish at the close, espe- clally in corn, which affected wheat Corn men expect 1500 to 2000 cars here on next Tuesday after the two-day holi day and look for a break. Cash interests said there was more export demand for corn at slightly under the market and predicted a good business. In some quarters It was said that the big run of corn will not last long and lowering of prices will bring more ex port business. It was said that a good business was put through at the sea board. After next week's run a letup is expected and with local longs generally out of their holdfngs a big break is not expected. Elevator interests who bought corn from the country the two previous days reported little offered today, owing to the break. Another casn nandier saia that he could buy plenty of corn, but there was no money in hedging it. Opinions as to the future course of wheat prices were more mixed' up to night. Those in close touch with the foreign situation were more confident of a better market than ever next week. They expect a general evening up for th holidays tomorrow ano wun iora6n markets closed do not look for the mar t.t. t rfn inh lther wav. Traders who have even up are disposed to look on until next week. Foreign news late today was regarded as stronger than at any iime oi mm. inrilntln a. better demand from that quarter for wheat and corn. Late cables telling of heavy rains in New South Wales, where harvesting of wheat is at hand, were regarded as most significant. Rains were also reported in irsnuuui. Arrivals of 1186 cars of wheat at the six markets today attracted a great deal of bearish comment. This was due to the comparison with 661 cars a week ago and 429 cars last year. . rfoiiv Chicago market letter re ceived by the Overbeck & Cooke com pany of Portland ioiiuwb. ket. with trade mostly in me way ui evening contracts. After the bulge liqul- Aaintr nrenanre maue li huucb. o.,. and continued to filter In throughout the Besslcn. important i fnr u a.bence. Seaboard mes sages reported a good export demand i nr,irtrahle business put tnrougn, ii vinitnhas. Omaha reported sales made to the gulf at firm prices. All primary markets reported cash trade quiet but prices well maintained. Greece was reported iu the market for 3,000,- nnn KQ,ola nf wheat and it is thought likely that the order might be placed tomorrcw. Nothing was heard from Washington as to progress being made on the credit bills, but the impression prevails that something will be heard i tho verv near future. We see no trt alter nur bullish attitude. C0rn Liquidation was in evidence all in the. absence of support It had ouite a depressing effect on the market Receipts again showed an in u. hut the demand apparently was equal to the supply and the basis was relatively steady. The seaboard re ported 4 good foreign demand with some hn.inoaa done today. - Country offer ings to arrive are light, but consign ment notices are steadily increasing. Hedging pressure m tne maraet nas a tendency to check perpendicular ad vances, but prospects are favorable for a higher market later in the season. Oats Trade was smaii auu uu.ituy m th. wav of eveninc UP contracts with fluctuations governed by the action of other grains. Receipts were estimated at 70 cars and the cash market rela tively steady. Country offerings- to ar rive remain light. Rye Trade small and tone of the market rather easy, reflecting the weak ness in wheat, together with some sell ing by northwestern interests. The sea board reported some export interest, but only a small amount of business done. Cash rye was relatively easier at i under May for No. 2 on tracks. CHICAGO. . Dec. 22. Leading futures ranged as follows: y WHEAT. Open. High. Low. Close. December.. $1.28 $128 $1.26 $1.26 ra.v 1.26 1.26 1.24V 1.24'A July 1.14S 1.15 1.13 1.13 CORN. December.. .74 .74 .72 May 73 .73 , -72 July 73 .73H .71 OATS. December.. .44 .44 .43 May -46 .46 .45 July 43 .43 .42 72 .72 .71 'A .43 .4214 , LARD. January ..10.50 10.57 10.50 10.57 May ......10.70 10.83 10.67 10.80 SHORT RIBS. January 10.60 May 10 45 10.45 Cash prices wene as follows: Wheat No. 2 red, $1.35; No. 2 hard, $1.28 1.29. Corn No. 2 mixed, 7474c; No. 2 yellow. 7475c. Oats No. 2 white, 4B47c; No. 3 white, 4345c. Rye No. 2, 9191C Barley 3 70c Timothy seed $66.75. Clover seed $1620. Pork Nominal. Lard $10.62. Ribs $1011.25. Primary Receipts. CHICAGO. Dec. 22. Primary receipts Wheat, 1,707,000 bushels vs. 670,000 iustiels, Cora. i.liO,oa busiioU y, RAIN 1,304,000 bushels. Oats, 638,000 bushel, vs. 456,000 bushels. Shipments Wheat, 697.000 bushels vs. 368,000 bushels. Corn. 422,000 bushels vs. 673.000 bushels. Oats, 59,000 bushels vs. 349,000 bushels. Clearances. Wheat, 703,000 bushels. Corn, 90.000 bushels. Rye, 62,000 bush els. Flour, 63,000 barrels. Car lots Minneapolis, wheat 529, com 22, oats 24. Winnipeg, wheat 648, oats B7, Nax 7. Duluth. wheat 132, rye 68, flax 11. Kansas City, wheat 253, corn 49, oats 14. St. Louis, wheat 60, corn 74, oats 27. Omaha, wheat 136, corn 67, oats 20. Cash Grain Markets. Furnished by Jordan-Wentwortb. & Co., Portland. OMAHA. Deo. 22. Wheat No. 2 hard, (1.1701.19; No. 3 hard, $1.17 1.18. Corn No. 2 white, 67.c; No. 3 white, 66?4c; No. 2 yellow, 6i?i6SV3C. No. 2 mixed, 66 t 67c. KANSAS CITT, Dec. 22. Wheat No. 3 red, $1.2201.28: No. 2 hard, $1.17 1.24. Corn No. 2 mixed, 71c. ST. LOtTIS. Dec. 22. Wheat No. 2 red, $1.3818)1.39; No. 3 red, $1.3591.36. Corn No. 2 mixed, 734c; No. 3 mixed. 72ft73; No. 2 yellow, 75754c; No. 3 yellow, 7273c. Oata No. 2 white. 484c ' DULUTH. Dec. 22. Flax, $2.65. Minneapolis Grain Market. Furnished by McCaul-Dinsmore Grain i company of Portland: Wheat No. 1 dark northern, good to fancy to arrive, $1.271.40; fancy No. 1 dark northern. $1.341.41; No. 1 dark northern. $1.2501.31: to arrive. $1.23; No. 1 northern, $1.231.81: fancy No. 2 dark northern. $1.291.3; No. 2 dark northern. $1.214i1.29: No. 2 northern 1.191.26: fancy No. 3 dark northern, $1.251.31; No. 3 dark northern, $1.17 .25; No. 3 northern. S1.161.23; No. 1 dark hard Montana. $1.231. 32; to ar rive, $1.231.32; No. 1 hard Montana, $1.21 e1.24; to arrive. $1.211.23: No. 1 dark hard Minnesota and South Dakota. $1.21 1.23; to arrive. $1.2091.21: No. 1 hard Minnesota and South Dakota. $1.2O$0 1.21; to. arrive, $1.20; fancy No. 1 am ber durum, $1.12 1.15 ; to arrive, Jl.10 1.12 ; No. 1 amber durum. $1.10 1.12; to arrive, $1.07; No. durum, $1.01 1.06 ; to arrive. $1.01; fancy No. 2 amber durum, $1.10 01.13: No. 2 amber durum, $1.081.10; No. 2 durum, $1.00 1.03. Corn No. 2 yellow. 6u66c: No. yellow, 6i64c; to arrive, 64c. Oats No. 2 white. 414c; No. white, 4042c: to arrive. 40c. I Barley Choice. 59)62c; medium good, ouewooc: lower, ol54c. Rye No. 2, 83c: to arrive, 83o. Flax No. 1. $2.642.65: to arrive, $2.55. Wheat futures December. $1.22 May, $1.22; July. $1.17. Grain at San Francisco. SAN FRANCISCO, Dec. 22. "Wheat, milling, S2.252.30: feed. $2.202.2.,i, Barley Feed, $1.47 1.52 ; ship DintT. S1.521A (S)1.57: Hay Wheat. S1720: fair, $l5?il7; tame oats, $1721; wild oats, $1416; alfalfa. $1921; stock, $1215; straw,, JH112. Seattle Grain Market. SEATTLE, l-ec. 22. Wheat Hard white, soft white, $1.25; western white, $1.24; hard red winter, $1.21; soft red winter, northern spring-, $1.20; western d, $1.19; Bie Bend bluestem, $1.60. Feed and hay unchanged. Winnipeg: Wheat Futures, WINNIPEG, Dec. 22. Wheat, Decem ber, $1.10; May. $1.13; July, $1.12. SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetable, Fresh Fruits, Etc., at Bay City. SA N FRANCISCO, Dec. 22. (State division ot markets.) Poultry Fryers, 25 28c; broilers, 25 85c; young roosters, 2127c; old, 14) 18c; hens. lmc; ducks, 1820c; live turkeys. 30(32c; dressed, 3H36c; hares, pound, 35lSc: squabs, dozen, $3 3,50; jack rabbits, dozen, $22.50. t Fruit Apples, California, Box, ?l.iup 1.75; grapes, crate, $l1.6o; grapefruit, $2: huckleberries, pound, 25c only: lemons, $5 6.50; oranges, navels, $3.50 4.50; pears, box, ?1 E&J2.50; persimmons. tlat crate. 75c$1.2u; quinces, box. 75)tf $1.50; tangerines, lug, $3.504. Vegetables Mushrooms, pouna, 2oa 30c ; artichokes, crate. $22 24 ; beans, pound, 922c; cabbage, pound, lglc; cauliflower, dozen, $11.25; carrots, sack, $1 1. 25 ; celery, crate, $3 3.75 ; cucumbers, English, dozen, $23; lettuce. crate, $1.253.25; beets, sack, $1q1.2d; onions, brown and yellow, cwt, $1.60 1.75 at wharf ; white, cwt., 81.25 ; green, box, $1.5l1.75; peas, pound. 10 20c; peppers, pouna, oyc; potatoes, cwt., 90c$1.85; sweet, pound, 22ftc; rhubarb, box, $1 1.50; spinach, pound, 35c; tomatoes, southern California, lug, tl.503: turnips, sack, i&a.7&; Drusseis sprouts, pound, 77c; garlic, pound. 4flc; olives, ripe, pouna, i(soc; cnicory, nominal. RETAIL TRADE BEST SINCE 1909 Largest Volume of December Mail-Order Business on Record. -NEW YORK, Dec. 22. Brads tree t's to morrow will say: "Year-end retail trade, including holi day distribution, better than in 1921 or 1920. the best in fact, since uw, tne largest volume of December mail-order business on record ; really gooa recora buvine from jobbers to fill depleted retail stocks of holiday novelties or of heavy wearing apparel; more than normal seasonal purchasing for spring ; delivery ; an unusually active industrial and manufacturing situation, with un- j employment in the cities apparently fur ther reduced; collections a shade better; a new upward surge In car loadings, due to expansion in shipments of merchan dise and coal, the former owing to the holiday rush, the latter 4 to colder weather are prominent features of the trade dispatches" this week. "Over and above all other features and especially because of its sharp con trast with recently preceding years et this date, is the air of optimism noted1 in the reports from various divisions of trade and industry as results of the past year are considered and outlook for the new year is discussed. "Weekly bank clearings were $7,831, 613,000." Chicago Potato Market. CHICAGO, Dec. 22. Potatoes, steady; receipts, 30 cars ; total United States shipments, 467; Wisconsin bulk round whites,' 85c $1 per hundred weight ; Wisconsin bulk round whites, sacked, 7 5 & 90c per hundred weight; Minnesota sacked round whites, 7 5 85c per hun dred weight; Idaho sacked rural s, 05c $1.05 per hundred weight. BURGLAR IS SENTENCED Prisoner Asks Penitentiary Term, bnt Gets Reformatory. CHEHALIS. Wash., Dec. 22. (Spe cial.) Judge W. A. Reynolds of the Lewis county superior court today refused to sentence Philip Gariow to the state penitentiary at "Walla Walla, following a request of the latter. Gariow was sentenced in stead to the state reformatory at Monroe, Wash., to serve a term of two to four years. He was convicted of burglary at the recent term of court Albert Helwig of Pe Ell, also was sentenced to a term of two to four years at Monroe. However, his sen tence was suspended on condition that he put up a bond for $300, de posit $25 each month in a savings account, and provide another $10 monthly to his aged parents. Hel wig al30 was up on a burglary charge. Eleven Pass Dental Test. OLYMPIA, Wash., Dec. 22. (Spe cial.) Only 11 out of 26 who took the state dental examination, which closed here today, were successful, Fred J. Dibble, director of licenses, announced. Those who passed were Robert J. Moore, Portland, Or.; Mel ville Reid, Centralia; Leland Batdorf, Darrington; Waldo R. Currier, Bel lingham; Wilfred A. Graham, Blaine; Martin H. Hopfer, Omak; Frank L. Fugit, Herbert W. Ruport, Shigeaki Tonaka and Roscoe J. Wolf, Seattle, and Roy E. McKenzie, Pueblo, Colo. The Oregonian is the medium through which many people supply their wants by using its classified comma Xelephong ilaia W3. BANKERS' EASE RESTED BOISE EX-OFFICERS TELL OF LOAN TRANSACTIONS. Prosecutor Charges Witnesses With Deliberate Falsehoods in Testimony Given. BOISE, Idaho, Dec. 22. (Special.) After R. F. Bicknell, G. R. Hitt and J. H. Black, ex-officers of the defunct Overland National bank, on trial in the federal court of criminal violation of the banking laws, had each taken the stand in their own defense and four other defense wit nesses were called or short exami-l nations, both sides rested today. Judge Bean will give his instruc-; tions to the jury tomorrow morn ing when the case will be submitted for a verdict. R. F. Bicknell, ex-president, said that. -he went into the bank because he believed Boise should have a strong livestock bank. He and Hitt bought out the Noble interests, he said. The witness declared that he and Hitt had talked to Bank Examiner Sawyer jconcerning the loans to the Western Construction company, A. S. Whitfeway and individuals, who diverted the money borrowed to the use of the company, and that Mr. Sawyer informed them that these loans were not excessive loans and did not have to be reported as such. In the fall of 1920 Bicknell was worth around $1,000,000, he testi fied, and took a contract for 125,000 head of lambs at $6.50 per head, and arranged for credit to finance the contract. He said falling markets wiped out his fortune. In his opening argument United States Attorney Davis dealt with the transactions which the govern ment contends were violations of the federal banking laws. "The government has proved its case and is entitled to a conviction on every count," he said. "The evi dence of guilt is overwhelming and cannot be misconstrued." The prosecutor charged the de fendants with deliberate misstate ments while they were on the wit ness stand. PENSION LIFT AIDS MANY 138 Oregon Veterans and large Number of Widows Benefit. THE OREGONIANNEWS BUREAU, Washington, D. C, Dec. 22. The Budsom bill that passed congress yesterday, which increases the pen sions of civil war veterans from $50 to $72 a month and of widows of civil war veterans from J30 to $50 a month, will directly benefit 138 civil war veterans in the state of Oregon and a large number of wid ows of deceased soldiers, the list of which is not yet completed at the pension bureau. This bill also provides that these pensions to civil war veterans and their widows will be automatically increased, without request or ap plication from the pensioner, and the increased pension will begin on the fourth day of the next month after the act is approved by the president. This act also increases the pen sion of the veterans of .Indian wars from $20 to $3 a month and of widows of Indian war veterans from $12 to $20. a month. The act furthermore amends the present law with reference to wid ows of civil war veterans and grants a pension to all such widows who were married to the soldier, sailor or marine prior to June 25, 1915, or who. if legally married after such date, shall have lived with such soldier for at least two years and continued until his death. PURCHASINGJEN MEET V. O. Rogers Is Recipient of Yule Gift From State Body. The purchasing agents' associa tion of Oregon held its weeklv round-table luncheon and meeting at tne Meier & Frank restaurant yesterday. Leon Hirsch, chairman, presented U. O. Rogers with a fish ing basket, rod and reel, as a Christ mas gift, for his services given the association during the last year without compensation. The table was decorated with a Christmas tree. It was announced that the mem bers were to make their monthly inspection or a local industry. The following members were pres ent at the meetings: W. C. Ruegnitz, V. C. Wrenn. W. J. Morris, J. L. Dunlap, W. S. Hodges, O. A. Maev. W. G. Wiycerson, H. F. Campion, H. u. Tinon, B. c. Morris, P. J. Kean H. B. Martin, U. O. Rogers, Samuel McMurran, H. A. Freed, A. W. An gell and -Leon Hirsch. Eastern Star Installs Officers. FOSSIL, Or., Dec. 22. (Special.) Officers for Arcadia chapter. No. 84, of , the Eastern Star were instiled Tuesday for the coming year as follows: Worthy matron, Maud Partwood; worthy patron. Oscar Partwood; associate matron, Athena Edwards; conductress, Arda Ed wards; associate conductress, Jean Hebenton; secretary, Nell Don; treasurer, David Don; Ada, Olga Blann; Ruth, Mary Robinson; Esther, Margaret Burgess; Martha, Mary Hartman; Electa, Anna Lamb; warder, Ella Angell; sentinel, Wil liam Meteer; marshal, Nellie Don; chaplain, Sophie Meteer. The in stalling officer was Mrs. Ella An gell, grand chaplain. King Honors War Veteran. PENDLETON, Or., Dec. 22. (Spe cial.) Joe Despain of this city, who served as a corporal with the 47th Canadian infantry, was wounded four times and who saw over 20 months of frontal service in France, has received two medals from the British war department. One la the king's own medal of silver and the other is the British victory medal. When Despain receives all . his medals from both the British and Canadian governments he will have six in ail. Washington State Pays Bounties. OLYMPIA, Washv, Dec. 22. (Spe cial.) Bounties paid by the state auditor for the quarter ended Sep tember 30 were for 416 animals and totalled $981. State Auditor Clausen CSSP SS West Keat Dec. 81st YOKOHAMA, KOBE. USSB S3 Wawalona Jan. 8 UDSA DO BBIUU Broadway 5360. .o.Vi V. .S-A -.- r-.T J la; . - A gift that moulds character "As the twig is bent so the tree inclines." More and more every year, parents are apply ing this philosophy in gift-giving. What could be more ideal for influencing the child to cultivate THRIFT than a Gift of a Bond on which you have made the first payment of $10 ; leaving it to the child to com plete payments on monthly installm e n t s. Investigate our Partial Payment Plan and ex amine our list of Bonds. CIAM. KENDALL 6C0.FC. FIFTH AND STARK STS. "PORTLAND OREGON nnounced today. Bounties were paid on 30 coyotes, 96 wildcats, five lynx, two wolves and seven cougars. Lewis county, with four coyotes, seven wildcats, two wolves and two cougars, received the first share of the bounty money. Stevens county, with SI coyotes and one lynx, led in the number of animals taken. 375-Pound Bear Killed. ASHLAND, Or.. Dec. 22. (Spe cial.) While hunting in the vicinity of Hyatt Prairie dam, about 20 miles from here, Hugh Barron tolled one of the largest black bears to be shot in this vicinity for several years. The animal weighed 375 pounds. Mr. Barron found tracks in the snow and followed them into a cave, in which the bear made his headquar ters. Though the quarters were cramped, Mr. Barron managed to kill the bear with one shot. v. Power Company Appraisal Made. BOISE. Idaho. Dec. 22. (Special.) The value of the properties of the Idaho Power companjl as of Decem ber 31, 1919, is $11,633,459.60. Of this 13.25 per cent, or $1,542,095.80, was not on that date in use and not entitled to a full return, according to the public utilities commission's findings on Idaho's largest public service corporation, completed and signed today. The Dalles Budget Considered. THE DALLES, Or., Dec. 22. (Spe cial.) The city council, a special budget committee and taxpayers to night discussed the various features of the 1923 budget, which, as tenta tively adopted, stands at $67,580. This is a full increase of 6 per cent over the 1922 budget figure, which was $65,317.50. Phone your want ads to The Ore goniam. . All its readers are inter ested 1n the classified columns. SS. Admiral Farragut Pails from Municipal Dork Pio. 8' Wednesday, Dec. 27, 10 A. M. Every H'cdnesfluy Thereafter. FOR KAN FRANCISCO LOS ANGELES, SAX DiEUO, SS. ADMIRAL GOODRICH Monday, December 25, 7 P. M. Marshfield. Enreka and ban Francisco. Honolulu Service Sailinsrs From San Franclscn H. F. Alexander Jan 4, S P. M. II. JT. Alexander Jan. 20. S P. M. Ticket Office. 101 THIRD ST.. COR STARK. rnona uroaaway hbi. ASTORIA AND WAY POINTS STRS. LCRLINE AND CNDINI! Daily, Except Saturday, 7:30 P. M. Fare to Astoria $1.85 One 'Way $3.00 Round Trip. Week-End Round Trip $2.50. The Harktna Transportation Co. Broadway 6344. Alder-St. Dock. AUSTRALIA NT1W ZEALAND AND SOCTH SKAS Via Tahiti and Baratonca. Mail and paaseng-er aervioa txvm nan itrajioiaea (TOT i dsya, Paoifie Tour, Sooth Bcm, New Zealand, Australia, $666. Pint Class. UNION. & 8. CO. OF NEW ZEALAKD. t30 California fct.. Ban Francisco, ot local vtcamshlD tad railroad iTiiie(fc 111 North China Line COLUMBIA PACIFIC SHIPPING COMPANY . Operating United States Government Ships DIRECT FREIGHT SERVICE WITHOUT TRANSHIPMENT BETWEEN PORTLAND. OREGON, and YOKOHAMA, KOBE, SHANGHAI, TAKLBAR (Tientsin) DAIRHN X3S8B 83 West Kader..i....Feb. lit HONGKONG, MANILA I USSB SSMontague ...Jan. IS MUUt CO. 15 For rates, space, etc., apply to 509-323 Board of Trade Bldg. 'Portland, Oregon.