THE SUNDAY OREGOXIAX, PORTLAND, JANUARY 9, 1921
21
PRUNE MARKETING
RIG PROBLEM
Net Over Quarter of Oregon
and Washington Crop Sold.
DEMAND NOW IS STAGNANT
Xrnlc foreign Buying Is Resumed,
bupply May Bo Carried Over
liilo Vest Year.
The prune trade is inactive in all mar
kets and prices are weak. How to find
an outlet for last year's crop, as well as
the 11! carry-over, is the problem that
face the industry. The domeatfc de
mand does not appear able to absorb
the big supply and there is also no
foreign Inquiry. Whether export trade
will develop toward prinp wilt depend
n a number of factors, exchange, prices
here and the ability of Europe, to take
prunes. Discussing the situation, as It
affects the Oregon Industry, C. L. Dick
f Mason, Ehrman & Co., said:
"Prune packers have been buying; and
selling; Oregon and 'Washington prunes for
2.1 yean, pursuing the practice of enter
ing the market along with California and
always securing their portion of th busi
ness. Generally, this was early In the
iummr and by January 1. the crop was
all out of the country and the growers
had their mrnipy. This method proved
of rre.it benefit, as California produces
a much larger crop than the northwest
and is very active In marketing its crop.
"This year, new Interests have entered
the field, changing the whole system by
advising the trade throughout the country
to withhold their orders until a price
was named, leaving the Impression that
by doing so they would save considerable
money. No figures were named until
September 11, 1020, by which time Cali
fornia had disposed of 100.000,000 pounds
by contract.
"Fo: lowing the old law of supply and
demand, it would appear that the demand
has been supplied by our neighbors, the
annua1! consumption In this country being
not over 12.",Ooo,ofto pounds and at least
2.r,000,flOi) pounds being carried over from
the 1910 crop.
"Not or 25 per cent of the 1920 crop
of Oreson and Washington prunes has
been disposed of and unless an export
demand developes, the balance will be
carried Into next year. Buyers ri over
this country will not take on any more
prunes until they have disposed of the
Californias they hare on hand.
"The Oregon and Washington crop was
harvested the past year at the highest
cost ever experienced, labor and wood, the
main elements, being very high and now
for this crop to be carried over, will. It
would seem, result in heavy losses."
f large at $3.15t?3.2u; medium. $2,35 9
$3.10. mostly $2.633.10; 1453 boxes ex
tra fancy, medium. $3. 45ft 3.80; small,
12 70t2.85: fancy, large. 3.50; medium,
S2.3U&3.10: smai;, 2; choice, lartje, $2.50;
mall to medium, $1.85$ 2.05.
Northwestern apple sales to jobbers in
the eastern markets were at the follow
ing quotations:
At New York Spltzenbergs. extra fancy,
large. $4.755.25, mostly $5.00; medium,
$3.504.00; small, $3.754.00. Homes, ex
tra fancy, large, :".. 3.5. few, $3.50;
medium. $-5& S.TS, small mostly $2.50;
fancy, large. $2.753.00, few $3.25. New
towns, extra fancy. large, $3.75j-00;
amall to medium. $2.7503.50; fancy, iarge,
$32563.50; small to medium. $2.25&3.0O.
mostly around $2.50. Wlnesaps. extra
fancy, large, $4.00 4.25; small to medium.
$3,250 3.75. Staymana. extra fancy, large.
$3.5003.75: medlifm, $2.7503.25.
At Chicago Jonathans, extra fancy, all
sizes, quality and conditio! good. $2,000
2.75. Delicious, extra fancy, medium to
axrae S J 25 't 3.00. Soltzettberga, extra
fancy, medium to large. $3.253.30; small
to medium. $2.7503.25. Bomes, extra fan
cy, medium to large. $3.00 0 3.25: small to
medium. $2.250 2.75. Winter Bananas, ex
tra fancy, a.11 sizes, quality And condition
good, $2.2503.00.
OKDEKS FOB ECUS BOM OLTSIDE
Buyers Show Smalt Interest in Cube Butter
Market.
The egg market was steady. Kecelpts
were fairly large, but outside orders took
care uf the surplus. There were sales on
the street at 47 and 48 cents, case count.
Butter of all grades was slow. Cube
stocks were not heavy, but buyers showed
little interest in the market.
Poultry and dressed meat receipts wert
small and prices were steady and un
changed. COFFEE PRICES BACK TO XORMAJL
Pre-War Quotations Are Now Available to
Consumers.
Coffee prices are back to normal. De
clines put into effect by local jobbers yes
terday again enable consumers to buy the
highest grade of coffee in fiber cans at
the pre-war price of 40 cents.
The sugar market has a weak under
tone. It Is the expectation that lower
prices will be announced by the California
refiners Monday.
STOCKS LOWER IT CLOSE!":
WEAKXESS APPEARS IX OILS,
STEELS AXD SHIPPINGS.
Late Rallies Fail to Offset Earlier
Losses Bond Market Is
Dull and Heavy.
other liabilities
Total liabilities . .
$6,185,710,000
Ratio of total reserves to net deposits
and federal reserve note liabilities com
bined. 4.4 per cent.
Ratio of gold reserves to federal reserve
notes in circulation after setting aside 35
per cent against net deposit liabilities. 52.1
per cent.
MONEY SUPPLY IS STILX LIMITED
Sharp Decline in Turpentine.
A big decline of 20 cents a gallon in
turpentine was announced by dealers yes
terday. Cases are now quoted at $1.30
and tanks at $1.21.
White lead, red lead and litharge de
Clined 1 cent a pound to Hi $4 cents for
ion lots and over.
WHEAT TRADING BETWEEN DEALERS
Club Hid Three Cent Higher on Local
K,ard Hard White I ncbanged.
There was a good volume of business In
the wheat market at the close of the week,
but the trading was largely between deal
ers. Farmers In some sections, however,
ehowed mere disposition to meet the mjar
ket. Hard white bids were unchanged on
the local board at SI. 00, but club was 3
cents higher than Friday at $1.58. Soft
white offers wre raised 1 cent and other
grades were unchanged.
Barley bids were advanced 50 cents.
Other coarse grains were the same as Fri
day. The mill-run market continues firm, but
rolled oats, rolled barley, - :.u ji feed and
corn were reduced $1.
A bulletin from Chicago said: "Export
wheat sales are placed at 750.000 bushels
to Italy. Germany and Scandinavia. Greece
Is expected to ask for offers for 1,000,000
bushels of wheat for mid January. Spain
is after two cargoes. Owing to reduced
area and yield In New South Wales. Aus
tralia's surplus Is reduced to 104.000,000
bushels maximum.
The Australian harvest Is progressing
lowly, being delayed by heavy rains.
Cables from India estimated this week's
wheat exports at 1,000,000 bushels. Pros
pects for the new crop are fair as a large
part of It was sown on Irrigated land
and will do well.
San Francisco stocks of grain, etc.. in
call board warehouses on January l :
Wheal. 24,os tops versus 54.752 tons a
year ago; barley, 5,770 tons versus 44.191
tons; oats, 478 tons versus 2OS0 tons; corn,
249 tons versus 240 tons; bran. 25 tons
versus 112'tons: beans. 1H1.434 sacks ver
sus 303.620 sacks. Receipts at San Fran
cisco during December. IWJ0. Wheat. 1628
tons; barley, 19,807 tons. oats. 1747 tons;
corn, 400 tons; bran, 73 tons ; hay. 4113
tons; beans, 39,061 sacks.
Terminal receipts, in cars, were reported
by the merchants' exchange as follows:
Wheat Ilarl fc'tntir Pl.t- tl.ir
Ul l i & MU Oil, . I). I
Year ago .... 22
Total this week. 2US
Year ago .... lUS
Season to date. 9121
Year aieo . . . .5224
Taeoma Friday 2
Year ago .... 18
Season to date. 3087
Year ago . . . .4025
Seattle Friday. 4
Year ago .... 5
Season to date 3093
Year ago . . . .3811
Bunk Clearing.
Bank clearings of the northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland $4,471,807 $ 761.621
Seattle 4,677.-53 1,186.938
Taeoma 635.337 76.047
Spokane 1,926.488 939.300
Clearings of Portland. Seattle and Ta
eoma for the past week and corresponding
week, in furmer years were:
Portland. Seattle.
$31. 269, 701 SS.319M
NEW YORK, Jan. 8. The stock market
session today opened with a moderate
show of strength, some buying and short
covering evidently being prompted by the
encouraging observations of Governor
Harding of the federal reserve board.
Trading had not proceeded beyond the I
initial stage, however, before fresh weak
ness developed In the shippings, steels and
oils with Atlantic Gulf, Crucible Steel
and Mexican Petroleum as the chief ob
jectives. Declines of two to six points In these
issues soon had their effect In the general
list, where other popular shares forfeited
one to three points. Nomina! rallies en
sued under cover of a sharp rise in Gen
oral Asphalt and International Paper, but
these were not sustained, many material
losses being registered at the heavy close.
Sales amounted to-500.000 shares.
News of the day which bore more or
less pertinently on market values Included
the statement that 1.000.000 tons of ship
ping had been wtthdrawn from trade by
the shipping board, opening of bids by the
government for the sale of 56.000.000
pounds of copper and announcement that
one of the largest independent steel pro
ducing companies had written off $5,000.
000 in Its inventory to get down to a
"replacement basis."
Considering the turn Into the new year,
the clearing house statement showed few
important changes for the week, aside
from a contraction of slightly more than
$54,000,000 In actual loans and discounts
and an Increase .approximating $50,000,000
in net demand deposits.
The bond market was dull and heavy,
reflecting the reversal In stocks. Liberty
issues forfeited part of their recent gains
and foreign flotations also eased. Total
sales, par value, $0,150,000. Old United
States bonds were unchanged on call for
the week.
Higns of Change for Better in Stock and
Bond Markets.
NEW YORK. Jan. 8. A lively and di
versified stock market at substantially
higher prices, a fair demand for bonds and
affiliated securities als.0 at appreciable
advances and other signs of a turn for
the better attended the new year in the
financial district.
There was no perceptible easement of
rates for money and the supply of avail
able funds was again limited, despite re
ported heavy receipts from the interior.
The beet judgment is that the money mar
ket will show no pronounced change until
iate this month.
Authoritative surveys and forecasts, In
cluding the views of Governor Harding of
the federal reserve board, sounded an op
timistic note jn the main, but these were
tempered by allusions to the labor mar
ket, wage reductions and further curtail
ment of Industrial enterprises.
Bankers urged the need of economy and
thrift, but disagreed with those observers
who predicted a decade of downward com-
I IMUUI1J l'I UC, - ' 111 l .J I.- ... . V
dividends and more serious disturbance to
domestic commerce and related branches
of manufacture.
Foreign trade conditions. It Is consid
ered, are becoming increasingly complex
and hazardous by the delay In stabilizing
international remittances. Recent bank
failure? in England, Spain. Scandinavia
and Mexico are believed to have resulted
mainly from these conditlona
Leading financial Interests now have
under advisement an unususJ number of
foreign undertakings and their consum
mation would automatically relieve th
prolonged strain on international credits.
WHEAT UNDERTONE GOOD
SEXTIMEXT FAVORS BUYING
SIDE OF MARKET.
Export Business With Continental
Countries Responsible tor
Strength at Chicago.
CLOSING STOCK QUOTATIONS.
ForeJicn Exchange.
ForeiRTi exchange rate, at close of busi
ness yesterday, furnished bv Northwestern
National bank of Portland. The amount
quoted is the equivalent in United States
dollars:
Country. Foreifrn unit. Rate.
Austria, kronen .' $ .0027
lftau.
lV-'O.
191!.
1018.
11117.
11)18.
11115.
1U14.
1913.
1912.
It 11.
3."., 073.359
25.593,935
18.901.018
15.4U3.821
lo.b'10,340
11.029.742
12.324. 41S
11.779.248
10.210.901
9.52K.084
35.391.518
27.182,272
18.238.782
12 299. 283
12.1SU.N05
13.924.S32
12.025.53O
to. 854. sue
9,097.487
Taeoma.
14.304. 498
4.552.780
4.892.581
4.070.313
2.7K3.108
2.038.598
1.O31.203
2.179.2S2
2.850,023
4.402.300
4.026.51S
PORTLAND MARKET QUOTATIONS
(.ram, Hour, Feed. Etc.
Merchants' Exchange, noon sos-iun.
January February
Wheat Bid. Bid.
Hard white 1 1.80 J 1.60
Soft white 1.55 . 1. 55
White clab 1.58 1.58
Hard winter ' 1.52 1.32
Northern spring 1.52 1.52
Red Walla 1.50 1.00
Oata
No. 2 white feed 34.00 34.50
No. 2 gray 32.50 32.50
Barley
Brewing 33.50 33.50
Standard feed 33.00 33.00
Mlllrun: Corn
No. 3 E. V shipment 34.00 34.00
FI.OL'R Family patonta. $9.80; bakers'.
SS.75; valley patent. $7.40; whole wheat.
IS. 20; graham, 13.
MILLFEED Prices f. o. b. mill. Mill
run, )3U per ton; rolled barley, i441i4ti;
rolled oats. $40; scratch feed, too per ton.
CORN Whoie, $44; cracked. $47 per
Sales.
Am Beet Sug 800
American Can l.suo
Am Car & Fdy 1.400
Am H & L. Pfd 1.100
Am Inter Corp 4.000
American Loco 800
Am Smt & Rfg 300
American Sliff 300
Am Sura Tob 1.500
Am Tel & Tel 1.000
Ameri Woolen 3.18)0
Am Z L fc S 300
Anaconda Cop 3.900
Atchison 600
At Gf W In 19.500
Ba'dwln Loco 12,000
Balti & Ohio 1.100
Bethle Steel B 4.500
But & Sup Cop 200
Cal Petroleum 4.800
Canadian Paci 1.000
Centrl Leather 5.700
Chandler Mtrs 3.400
Ches & Ohio 1.S00
Chi Mil & St P 200
Chtc'go & N W 500
Chi R I & Pac 1.800
Chlno Copper.. 3.S00
Corn Products 2,400
Crucible Steel 18.000
Cuba Cane Sug 100
Erie 800
Uenerl Electric 1.000
Generl Motors 1S.900
Grt North Pfd 200
Illinois Centrl 300
lnspira Copper 400
lt Me Ma Pfd 800
intern Nickel 3.S00
Interna Paper 9.700
Kan Cty South 900
Kenne Copper 1.M0
Louis- & Nash 500
Mex Petroleum 15.200
Miami Copper 1.10O
Mid States Oil
Mldvale Steel
Missouri Paci
Nevada Copper
New York Cen
N 1' N H & H
Nor & Western
10.400
4.400
2.4O0
400
3.900
3.400
1 .200
1.200
1.700
7.900
1,300
ton.
HAY Buying prices, f. o. b. Portland
Alfalfa, S-i'.iJl per ton; cheat, $22fe23
clover, $20; valley timothy, IXIfJls; eaal
ern Oregon timothy, ttfc
Dairy ana Country Produce.
BUTTER Cubes, extras, 4546c per
lb.: prints, parchment wrapped, in box
lots, 49c per lb.; carton... 50c; half more:
butterfat, buying price, 39c per pound al
stations; A grade, 40c; B grade, 44c, Port
land delivery.
EOX3S Buying prices, case count, 45c
Jobbing price to retailers, candled ranch
32c; selects. 54c; pullets, 49c. i
CHEESE Tillamook triplets, price tt
jobbers, f. o. b. Tillamook. 30c.
POULTRY Hens, 2ffUe; springs, 25
30c; ducks, 25b40c; geese, 32c, turkeyi.
live, nominal; turkeys, dressed, nomina.
PORK Fancy, K4c per pound.
VEAL Fancy. 1st- per pound.
4
11 S 14
1 17 2 51
90 11 54
173 4U 295 1260
141 2333 371 1032
1 2
1 1 1
40 557 73 367
64 . . 130 373
1 1 t
1
173 207 286 1017
189 44 1 474 830
LltfcsiTOt'K STEADY AT THE CLOSE
Good Kan al Yard... but Moat of Supply
Comes I' m, t
Sixteen loads of stock reached the North
Portltl.d yards yesterday, hut most of the
supply came direct. There was very little
ous'iies in me open market and
were unchanged. The tone was
suady in all lines. The day"
were S2 cattle and S00 hogs.
The following prices are current at
loot: yards:
Cattle
Choice steers
GhI to choice steers I . .
3seutum to choice steers...;..
Fclr to good steers
Common to good steers
Chi cons and heifers
Ooutl tc choice cows, nelfers..
Medium to good cows, heifers.
Fi.tr to medium cows, heifers.
Cwasmr.n to fair cows, heifers.
Canuers
prices
reported
receipts
the'
t; n
o
Bu:
Choice dairy calves
r!me light calves
Heavy calves
Best feeders
Fair tt good feeders
I was
Prime mixed
Smooth heavy
Rc-utS heavy
Fat pigs
FMMlT pigS
Sheep-
Ka-.t-uf-mountain lambs
Va:ie lambs
Hcev) lambs. 90 lbs. and up.
Feeder lsmbs
Cull lambs
Lagnt yearlings
Heavy yearlings
Wethers
Ewes
Prices.
t 8.30n 9 25
S.OO 8.50
l..utf 8.00 I
o.ooy
5.50 ti
7.00 u
0.2;. I
S .".0
5.004
4.00Jr 5.00
I'.oOU g 50
5.0O9 6.00
12.0OS 11.00
10.U0.J 12 00
6.00.1 7 50
6.75 V 7.23
3.75J 6.73
12 00 w 12 . .13
II. 50(1 12 1)0
7.50s, io
lO.OOti 11.00
S.004J 10 00
9.50 ei 10.23
9.00 9.30
7.00 tf
6.00
1.04)1
7 (V.
0 0oy
tl.Ontj
1.00 if
8.50
7.00
6.00
io
7 00
6 50
4.00
API
T.KS SLOW IN WESTERN MARKETS
it New York
Oregun Spitxrnherg. toted
Auction Sale.
There was a steady local call for ap
ples, particularly the better grades and
large sizes. Prlcee were not materially
changed during the week.
Car-lot buying at Interior points was
mail. Wenatchee sold extra fancy Wine
saps, medium to large, at $2. Yakima
and other sections sold Romes. fancy,
medium to large, at 41,50.
Oregon Spitxenoergs sold at the New
Tork auction as follows: 755 boxes fancy
VrolU and Vegetables.
FRUIT Oranges, navels. $3.75i5: Jap
anese. $3.25 per bundle: lemons. $3.75
4 75 box; grape. ruit. $g.2a(8.0O per box;
bananas, 1241 13Vjc per pound: grape.
$5.25 lug; apples, $13.50 per box. pears,
$21x2.20 per box.
VEGETABLES Cabbage, ltj:iic per
pound: lettuce. $3-25i3.r5 per crate;
cucumbers. $1 75ii2 per doxen; carrots.
$1. 50.1ft. 75 per. sack; garlic, 23c; beets,
$1.30 sack; eggplant, 20c pound; cauli
flower. $2 ft 3.25 per crate; celery, $5
5.50 per crate; green peppers. 13c per
pound: sprouts. 17 '-ic per pound: squash
"i.... nmr nounri- numnklns. 2lc per pound
rhubarb. 20c per pound; spinach. $1.402
1 5rt hnx- tomatoes. $4 a 5 per crate.
POTATOES Oregon. $130rl.75 per 10"
pounds: Yakima. $2 4)2 50; sweet potatoes,
.; Der pound, $3.50 per hamper.
UNIONS Oregon. $1.50 per sack; Cal'-
fornia brown. $1.30t 1.75 per sack; Cali
fornia yellow, $1 50 per sack.
Staple Groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cane granulated.
9c per pound,: beet. 8.80c per hundred.
NUTS Walnuts 2228c: Braxil nuts.
S5c; Filberts. 21425c: almonds. 2630c;
peanuts. 914c per pound; cocoanuts. $2
per doien: pecans. 32e35c: chestnuts, 25
'4 35c pound.
RICE Blue Rose, 94c per pound: Ja
pan utyle. 7ic per pound.
BEANS Small white. 6c: large white,
6c: pink, 7c; lima, 10c; bayous, 124c;
red. 7c per pound.
COFFEE Roasted, bulk, drums, a4.'!6c
per pound.
SALT Granulated, bales. 3.504.23;
half ground, ton. 50s. $19.75: 100s. 18.25;
lump rock, $26.50 '
Provl.inlii.
HAMS All sixes. 2732c; skinned. 25
31c: picnics. 20c.
BACON Fancy. 406 47c; choice. 3032c:
standard. 25027c
LARP Pure, tierces. 27c pound; com
pound, tierces, 14c.
DRY SALT Backs. 2124c; plates. 20c.
Hides. Pelts. Etc.
HIDES Salt hides, all weights. 6c per
pound: green hides, all weights, 5c; salt
bulls, all weights, 5c: green bulls. 4c; calf
skins, green or salt, 8r, kip skins, green
or eelt, 7c; dry hides. 12c: dry' salt hides.
9c; dry calf. 15c. Above prices for coun
try hides and skins. Prices for city skins
and hides follow: Calf skins. 10c per
pound; kip skins. 8c: city packer hides,
green. 6c.
PELTS Salt pelts, full .wool. 25 8 40c
each: dry long wool pelts, fine. 7c pound:
dry long wool pelts, medium. 6c; dry long
wool pelts, coarse. 4c.
TALLOW No. L 5c: No. 2. 4c pound.
CASCARA BARK 1920 peel. Sc pound.
WOOL AND MOHAIR Nominal.
HOPS 1920 crop, choice. 24 25c pound.
Northern Pac
Ok Prd Rfs.-
Pan-Atn Petrol
Pennsylvania. .
Pitts A W Va
Ray oCn Cop
Heading
Kep lr steel
Royal D N Y
Shat Arix Cop
Shell TV & Td
Sin Oil & Rfg 12.900
Southern Pacif 4,i00
Southern Rwy
S O N ' J Pfd
Studebak Corp
Texas company
Texas .4 Pacifi
Tobacco Prdts
1.400
3.300
3.700
11.900
100
3.900
1.900
400
9.3(H)
4.9O0
5.700
9.600
Transconti Oil 18.200
Union Pacific
U s Food Pdts
0 S Ind Alchl
U S Rtl Stores
0 S Rubber. . .
U S Steel
0 S Steel Pfd
Utah Copper. .
Western Union
West Electric
Willys - Overld
1.200
9.900
5,900
4.200
2, SIM)
19.000
1 ,900
2.500
100
200
5.5O0
High.
4644
28
125 S4
504
43 H
83
MS
93
79
99 4
684
38 8
84 4
71
90
364
58 4
134
28
US
404
71
61 -,i
30
09 4
27 -s
22 4
Oil?,
90
n
144
121.
1"
76
89
3114
.".:; r-.
16
53 4
20V.
20
1024
152
184
154
32
20 4
11
73 4
214
101
84
34
74'.
414
31
124
84 4
66
69
64
44'.
24 4
91) 4
234
108
51 4
44 4
18 4
o3 4
12
1214
25 4
704
57 4
68 4
S.1
109 4
34
87 4
45
9
Low.
45
48
42
84
38
1)2
7S4
98
67
0
38
83
(16
884
36
57 4
13
28.
117
38 4
68 4
60 4
29
69
27
21
694
86 4
23
1
1214
154
76 4
88 4
SO
54
15
204
20 4
1024
1544
13
15
314
19
10
73 4
204
1004
83
"2
41 4
30
12
83
65 4
60
64
43
24 4
9!)
22 4
106
50 4
43
1S4
54
10
121
23
09
554
67
82
lo:l
534
87-4
8
Last
sale
45
28
125
484
43 4
84 4
38
93
78 4
99
67
9
38
83 4
67 4
884
36'.
57 4
1.1
28
11 1
40
70
61
2'.'
69 4
27 4
21
69
S7
23
144
121
15
74
88 4
36
54
15
20
20
102 4
154 4
184
1
34
19
11
73 4
20
100' .
83 ':,
3
414
.; 1
12
83 4
65 !
08 4
64
43
J
SO
23
108
50 4
43 4
18!
54
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24
69
56 :h
67 ?i
82
109
54
874
45 4
84
U S Lib S4s.
do 1st to
da 2d 4s
do let 4s.
do 2d 4 4s. .
do 3d 4 4s..
do 4th 4s.
Victory 3s .
do 4s ...
U S 2s cpn
BONDS.
. ,92.44Atch gen 4s 78
. '87.00! D & R G con 4s 65
. .S0.9OIN Y C deb 6s.. 91
. .87.40'N P 4s 77
,.87.16iN P 3s 56
..90.00 Pac 1 Sc 1 a
..87.50, Pa con 4 4s
. .97.00IS P cv 5s. . .
..96.98.So Ry 5s...
tlOO U P 4
U S cv 4s cpn.tloo it S Steel 5s..
A T & T cv 6s.. 964)
Bid. tottered
.'80
. 91
. 88
. 87
. 82 4
93
Mining Stocks at Boston.
BOSTON. Jan. 8. Closing quotations:
Allouez
Aria Com
Calu & Ariz. .
Calu & Hecla.
Cop Range . . .
East Butte . .
Franklin
Isle Royalle . .
Lake Copper. .
Mohawk
North Butte . .
214 Old Dom
8 4 Osceola
48 1 Quincy
250 Superior
31 4!Sup & Boston.
9 4 Shannon
. 2'Utah Con
22 I Winona
2 Wolverine
45 iGreene Can .
U4I
20
27
40
34
1
1
4
50
11
22 4
Money. Silver, Etc.
NEW TORK. Jan. 8. Prime mercantile
paper, unchanged.
Liar s.lvcr, domestic unchanged. for
eign 5.
Mexican dollars. 50 cents.
LONDON. Jan. 8 Bar silver. 40"id per
ounce. Money and discount unchanged.
RATIO OF RESERVES IS INCREASED
Gain of One Per Cent During Week Re
ported by Federal Board.
WASHINGTON. Jan. 8 Resources and
liabilities of the 12 federal reserve banks
the close of business Fmday. January
were reported tonight by the federal
reserve board aa lol.owa: '
Kesources
Gold and gold certificates. .$ 250,133.000
Gold settlement fund federal
reserve board 40...H44 000
Gold with foreign agencies. . 3.300.000
Total gold held by
Goid with federal 1
agents
Gold redemption fund..
banks.. $ 659,079,009
.$1,264,762,000
156.441.01)0
Total gold reserves $2.ond.2S2.ooo
Legal tender note, silver, etc. 196.56:1. 000
Belgium, francs 0633
liulgaria. leva 0113
Czecho-Slovakia. kronen 0118
Denmark, kroner 1705
Bnirland. pound sterling 3.65-V)
Finland, flnmark 0328
France, francs 0604
Germany, marks 0143
Greece, drachmas i753
Holland, guilders 3203
Hungary, kronen 002O
Italy, lire 0333
Jugo-Slavia. kronen 0071
Norway, kroner '.lflSfl
Portugal, escudos 1190
Roumanla. lei 0136
Serbia, dlnara 0278
Spain, pesetas 1338
Sweden, kroner 2130
Switzerland, francs .' . . . .1555
China
Hongkong, local currency 5R00
Shanghai, taels , .7R50
Japan, yen .! .4865
NEW TORK. Jan. 8. Exchange steady.
sterling unchanged; francs, demand. 3.94
cables. 596; Belgian francs, demand. 8.25
cables, 6.27: guilders, lire and marks.
changed: Greece, demand, 7.54; Montreal
144 per cent discount.
Foreign Bonds.
roiiowlng foreign bond quotations are
furnished by the Overbeck & Cooke Co.
of Portland:
Bid. Ask.
Russian 54s, 1921 11 1.1
Russian 3 45, 1926 54 74
Russian 64s. 1919 12 15
Currency 47 52
French 5s, 1931 484 504
French 4s. 1917 494 52
French 5. 1920 574 59
Italian 5s, 1918 26 27
British 3s, M)22 350 355
British ta, 1927 343 55
British us. 1929 336 48
British vky 4s ,26S 277
Frltish ref. 4s 245 57
Belgium rest. 5s 56 4 SB
Belgium prem. 5a 60" G3
German W. L. 5a 104 12.
Berlin 4a 12 13
Hamburg 4s 12 14
Hamburg 44s 13 14
Lelpsig 4 4 13 15
Lcip.-lg 5a 13 15
Munich 4s JR 13
Munich 3e 14 17
Frankfort 4s 14 16
Jap 4s 58 viS4
Jap Irn 4 4s 76 764
Jap 2d 44e 754 764
Paris 6s 94 95 4
U. K. 5 4 s. 1921 R7 4 98
U. K. 54s. 1922 94 4 95
V. K. 5 4. 1929 88 89
U. K. 5 4s. 1937 83 86
Liberty Bond Yields.
SAN FRANCISCO. Jan. 8. The weekly
liberty bond table, showing the market
prices and approximate yields of the va
rious Issues' by the federal reserve bank
at the close of business today follows
First 34s, market price 924. yield 3.97
per cent: first 4s 81. 4.81 per cent: second
4s 874. 5.14 per cent; first 4s 80, 5.04
P'-T cent second 4lis 8i7t. ft,2a per cent
third 44s 90, 5.83 per cent: fourth 44s
874. 5.37 per cent: victorv 4s 96". 6.28
per cent; victory, ons, doss, o.so per cent.
Swift 4; Co. Storks.
Closing pries for Swift Co stocks at
Chicago were reported by the Overbeck &
Cooke Co.. of Portland as follows.
Swift Co 104
swirt international 29
Llhby, McNeil & Llbby 12
national Learner 1
Decrease in Excess Reserve.
NEW YORK. Jan. 8. The actual con
dltion of clearing house banks and trust
companies for the week shows that they
hold $9,131,330 reserve in excess of legal
requirements. This Is a decrease of
$1,912,350 from last wek.
Chh-ago Livestock Market.
CTTXCAOO. Jan. 9 Cattle Receipts.
1000 head: compared with week ago. beef
teerr above $10.50 about steady; others,
3c to 50c higher: butcher cows, heifers
and bologna bulls. 25c to 50c lower; can-
rs. 25c lower: llpht veal calves, 23c to
e lewer. other calves unevenly steadv to
Higher: stoekers and some grades feeder
r 25c to aO nlgher; cheap light stoek
ers advanced most.
Hos Receipts. 8000 head; active. 10c to
3c hiirher than yesterday's average; butch
ers uo most: top. $10.1., for 160 to 170-
und offerings. buUf $9,501? 9.90; pigs,
e to 25c higher: bulk desirable, 90 to
IfO-pound pigs. $10fS 10.15.
sheep Receipts. 3000 head; comrared
with week ago. fat lambs and yearlings.
'1.50 higher: mature sheep, 75ciS$l
higher; feeder lambs. 25c to 50c higher.
Omaha Livestock Market,
OMAHA. Jan. 8 Hogs Receipts. 630(1
head: active, 1015c higher; bulk of
sales. 9.20i(r9.50: top. $9.35.
Cattle Receipts. 200 head; market com
pared with week am. beef steers 2S If 50c
ower. ton steers. $in..rf; cows and heifers.
mostly 50c lower: spots. 75c lower: bulls.
steady: Blockers and feeders, fully 50c
higher.
Sheep Receipts. ..00 head; market com
pared with week ago. lamhs and yearlings
c)$1 higher: sheep, fully 50c higher:
feeding lambs. 2S30c higher.
Total reserves
276.54S.0O0
by
Bills discounted secured
U S. govt, obligations. .. .11. 104. 556. 000
Bills discounted, ail others-.. 1.502.81:1. ooo
Bills bought in open market. 234.759.000
Total bills on
U. S. govt, bonds....
U. S. victory notes. .
U. S. certificates of
euness
hand $1
indebt-
842.108.000
26.102.OO0
19.000
Total earning- assets
Oils.
LINSEED OIL Raw. in barrels. $101;
drums. $1.08: cases. $1 16 Boiled, in bar
rels. $1.03; drums. $1.10: cases. $1.18.
TURPENTINE In tanks. $1.21: cases.
$1.36.
COAL OIL. Tank wagons and Iron bar
rels. 17c: cases, 3037c.
FUEL OIL Bulk, $2.35 per barrel.
GASOLINE Tank wagons and Iron bar
rels, 29c; cases 414c
Dried Fruit at New York.
NEW YORK. Jan. 8. Evaporated ap
ples dull; prunes quiet; peaches dull.
Bank premises $
Uncollected items and other
deductions from gross de
posits Five per cent redemption
fund against F. R. bank
notes
All other resources
. . .$3,130,014,000
17.359.000
12 389.000
4.998.000
Total resources 16.1S5, 719.000
Liabilities
Capital paid In 1
Surplus
Government deposits
Due to members' reserve ac
count .
Deferred availability items..
Other deposits. Including for
eign govt, credits
99. SOS. 000
202, 036.000
25,592.000
1.795.343.000
532.556.000
25.15S.000
Total gross deposits $2,378,649,000
Federal reserve notes in Actual
Circulation $3,270,023,000
Federal reserve bank notes in
circulation, net liability... 215,552,004
Kansas City livestock Market.
KANSAS CITY. 'Jan. 8. Cattle Re
irts. 175 head. For week: Better grade
ef steers, steady: others mostly 50c
higher: she stock and cutters. -25i& 75c
richer: canners. steady: bulls, mostly 50c
higher: feeders, strong to 25c higher:
chers. mostly 50c higher; calves. 50cfi$1
higher.
Sheep No receipts. For week: Sheep
mostly 25c higher; lambs and yearlings,
steady. 1' '
Seattle Livestock Market.
SEATTLE. Jan. 8. Hogs Receipts. 140
he.ii market firm. Prime. $1212.50:
sn.o.-th heavies, $11T12; rough heavies,
199.50; pigs. 9fl-11.
Cattle Receipts, rone. Market steady.
Prime steers. $8.75-9.25; medium to
choice, $7?R.25; common to good. $6!f?7:
cowe and heifers. $7457.50; medium to
choice. $5.504r8.50; common to good, $4
5.30: bulls. $46: calves. $713.
CHICAGO. Jan. 8. A late bulge on mod
erate buying and a lack of offerings gave
wheat a good undertone today and the
market closed firm with prices showing
a net gain of 14 to 2c over Friday's
close, with March $1.73 to $1.74 and Max
$1.04 to $1,064. Corn was unchanged
to 4d higher; oats unchanged to 4c down,
while provisions were lower for pork a:.d
lard, but firmer for ribs.
Wheat developed a strong undertone
and advanced sharply after a weak start,
due to persistent buying to remove hedges
against export sales. The British commis
sion was not in the market, but the conti
nent was a good buyer and sales of 750,000
bushels were reported to Germany and
Italy. A small cargo w-as reported sold
late yesterday to Scandinavia, senti-xieni
was a little more friendly to the buying
side as a result of the export business.
Cuarse grains were slightly easier earl
ier, but rallied with wheat. Trade w-as
light. Minneapolis reported 25.000 bushels
of corn sold to Baltimore, the first busi
ness from that market so far. Some hedg
ing pressure was in evidence.
..it- were dull while provisions averaged
higher on scattered buying and light
offerings.
The Chicago market letter received yes
terday by Overbeck & Cooke company of
Portland said.
Wheat Although trade In the aggregate
was small, there was good buying through
out the session by seaboard interests,
which absorbed the surplus and caused
an advance of 3 cents from the low point,
most of which was maintained at the
close Exoort sales were estimated at
fully 1. 000.000 bushels for the day and
messages from the east this morning
placed yesterday's sales at 2,000.000
bushels, or double the amount previously
reported. The milling demand so far this
season has been so small that exporters
have found little difficulty In filling orders,
but It must be realized that the mills
In this countpy must sooner or later enter
the market and there are distinct Indica
tions right now that a good demand from
this quarter Is getting under way. The
movement in the southwest has been quite
liberal, but it is the consensus of opinion
that recelDts will soon diminish and that
competition of domestic millers w
r.r.i.n hovers will be at the expense
terminal stocks, which In turn will be
reflected In higher prices. .
Corn Prominent elevator Interests Were
again on the buying side of the market.
u.hich hud . strong tone despite the
smailness of the trade and an Inclination
on the part of the local element to operate
on the short side. The feature of the
news was the renewed talk of an export
demand, with the possibility that busi
ness might be done In sufficient propor
tions to become a price-making factor.
It Is understood that thlx made possible
by the favorable comparison with Argen
tine prices and by the fact that there
Is plenty of ocean freight room available
at low figures. Developments appear to
be shaping more in favor of an advancing
market. . ,, ,. ,
Oats Trade was exceedingly limited
and practically featurelers. Cash prices
remained without Important chanaes.
Country offerings to arrive were light.
On the surface there appears nothing to
give this article independent strength
but it is highly probably that an improved
cash demand will soon develop.
Rye it was a dull but strong market.
-.i.v. .hnri covering Induced by the
trnc-th in other grains and
ports from the seaboard that
port business is being
day to day.
Provisions Rather strong ea-ly. due
fh. llo-ht hog movement and higher prices
. .,- Realizing made its appea:
nce at" the advance in sufficient volume
to satisfy the demand.
Leading futures ranged as follows.
W II r
Open High.
$ 1.72 $ 174 $
1.654 1.674
CORN.
74 4 75
75 76
OATS.
484 484
47 484
Oregon
Municipals
Port of Astoria
Due July 1. 1930
At 98.23, to yield 6 To
City of Enterprise
Due February 1, 1950
At 100, to yield 6
City of Marshfield
Due August 1. 1930
At 100, to yield 6
Ask for details.
Wire or phone ""collect."
Freeman.
arvii i n
OROUNO FLOOR tAMP
LUHBUMBMSJ sfUILBIN
Fifth and stark CO.
wT B70
Hi
The Board of Directors of a going Oregon
Corporation has decided to syndicate a
block of stock, the returns on which will be
used to increase the production of their
factory. There will be no commissions paid
on the sale of this stock. Every dollar will
go to the expansion. Money paid in will be
put in trust until full syndicate is completed.
Are you willing to come in on this syndi
cate and insure the greater success of an
Oregon industry? A full investigation of
the books and the Company may be had
upon application. Subscriptions received
$250.00 and up. Address BC 289, Oregonian.
$55: milled fcod, $"9; bran, $39.
Hay Alfalfa, f 27 ton; double com
pressed alfalfa, $33; double compressed
timothy, $39; eastern Washington mixtd,
$35.
Gr&ln at San FrancUco.
SAN FRANCISCO, Cal., Jan. 8. Grain
Wh'-at, $2.75t53; barley, spot feed, $1.50
1.00; shipping, $1.75 1.90; oats, red
feed, $1.50 73; corn, white Egyptian,
$2.752.S5; red milo, $22.25.
Hay Fancy wheat, -i : tame oat.
th i i!y .V' i . u oai. Daricy, ;i. ;t
of
Yielding 8 Per Cent
Province of Saskatchewan
Bonds
by the re
a good ex-
consumated from
March
May . .
May
July
May
July
Low. Close
1.714 ! 1.784
1.044 1604
744 T4 4
754 4
484 4
47 4 48
FORK.
24.30
24.25 24.30 24.2S
LARD,
13.30 13.30 13.12
14.00 14 05 13.90
RIBS.
iit.es 12.80 12.05
24.30
24.23
13.15
13.90
11.92
12.07
No.
No.
March,
444e;
; tlax,
Jan.
May
Jan.
May
Jan.
Cash prices wcie u
Corn No. 3 miied, 08 4 0 '14:
yellow, 7B4c. ..,..
Oats AO. . wmic, tihv)
white, 45f 44-
Rye not quoted.
Barley 60 & 88c.
Timothy seed J5.50?. .
Clover seed 16.00(& J3.O0.
Pork nominal,
lird 513.15.
Riba 11.5 12.00.
Minneapolis Grain Market.
MINNEAPOLIS, Jan, 8- Wheat,
$1.6U. May, $1.G0; oata, May,
rve. May. I.4d; uariey. oil iot
No. 1, $2.00.2.01.
Winnipeg Grain Market.
WINNIPEG, Jan. 8. Wheat, May,
$1.U2H ; oata, May, 57Hc; barley. May,
88c; flax. May, J.rrye, iay,
Duluth Limeed Market.
DULUTH, Jan. 8. Linaeed, on track
and to arrive, $2.03
Primary Receipts.
CHICAGO, Jan. 8. Wheat, 1.105.000
buahela va. 682,000 buaheis; corn. l,16U,ouu
busheU vs. 540.000 buaheis; oats, 876,000
bushels vs. 774,000 bushels.
Shipments Wheat. 6-i3.ouu ousneis vs.
618. 01)0 bushels; corn. 500.000 touaftels vs.
4iH),000 bushels; oats, 364, uuo busbeis vs.
500,000 bushels.
Clearances Wheat. 4Ui,uuu nusneis;
corn, yu.uou ousneis; oata, nuue,
12&.000 bushels; Hour, aD.uuu uarreis.
Seattle Grain Market.
SEATTLE. Jan. 8. Wheat Hard
white, soft white and white club i.6t);
hard red winter, soft red winter, northern
sprint and eastern red Walla, $1.57; Big
Be nd bl uestem, l bi.
City delivery Feed scratcn reed, soi
ton. feed wheat, all grain cnop, n;
oats, $49; sprouting oats, o; rouea
oats, $31; whole corn, $47; cracked corn,
$4 ; rolled barley, $50; clipped barley.
15; alfalfa. $1821.
SAN FKANC18CO PKOiH XJB MAEKE1
Prices Current on Vegetables, Fretth Fruits,
Etc.. at Bay City.
SAN FRANCISCO. Jan. 8. Dairy pro
duce exchange closed.
Vegetabh-s Eggplant, southern, 9(S12c;
summer squash, $2.20: potatoes, gtreet
prices, rivers, I1.S903; Saunas, $U.25;
aweets $4.60jjr,4.75: onions. Australian,
90c(S$l; green, VJU29J?1.MU lima beans, 10
: 1 " : bell peppers, southern, 9 12 V4c ;
chile, 7u9c; tomatoes, 60c&$l. tancy,
$1.25; cucumbers, hothouse. $1i&1.2Cj doz.;
celery, $1.50 42.50; cauliflower, lM)c 0 $1
doz.; cabbage, 1c )b. ; turnips and carrots,
$1 44 1.2-5 sack ; beets, $1.50; parsnips. $1.75
2; peas. 104yl." rhujbarb, $2.25ij)2.75;
lettuce, $1.75 4 2.20 ; artichokes, TOcy $1,25
dozen; spinach, $11-50 crate.
Poultry Hens. 37S40c; strictly young
roosters, 30&33c, old 21&22c; fryers, 40
45c ; broilers, 45 50c ; ducks, 28 -j 32c
squabs, 70 75c; Belgian hares, live, 22
24c ; turkey, dressed, 52 560,
Fruit Navel oranges, $3.5094.50; lem
ons, $2(92.50; lemoncttes, $1.504j2; grape -fruit,
new crop, $2.50 & 3, A rizona $3.50
4.25; limes, $1.25 4f 1.75 naif orange box,
mandarines and tangerines, $23; ap
ples, Newiowns, $1.00(12 25; pears. Winter
Nellis. $2&4; bananas, 8410c.
Receipts Flour, 1094 quarters; wheat,
623 centals; barley, 68.483 ct r.tals; oata.
2404 centals; beans, 1112 sacks; com, 25 ;
centals; potatoes. 10,077 -sacks ; onions, i
2760 tacks ; lemons and oranges, 600
boxes; livestock. 00 head: hides, 277 rolls. !
Good Gains in Coffee Market.
NEW YORK, Jan. 8. A considerably r
better tone was reported in the market for,
coffee futures here today, with Indications t
of a reviving commisison licuse interest, i
owing to increasing optimism over gen
eral trade prospects and money market ;
conditions. 1 Reports of an improvement in t
Rio exchange rates and a firmer. cost and
freight market were contributing factors. I
After opening at an advance of 5 to 11 I
points, active months sold about 13 to 22
poiBLs net higher, with -May touching 6.09c,
or 39 points above the recent low record.
That delivery closed at 6.97c, with the i
general market showing net gains of 1$
to 22 points. Closing bids: January, S.v7ft, I
March. 6.57c; May, 6.1t7c; Jury, 7.37c;
September, 7.6So; October, 7.80c ; Decem
ber, 8c.
Spot coffee, iinmer. Rio is, u&'o-frc;
Santos 4s, 89frc.
Seattle Dairy Produce.
SEATTLE. Jan. 8. Egg Select local
ranch, white shells, 55c; pullets, 48c.
Butter City creamery, in cubes, 49i;
Denomination 100 ($486.66)
Due July 1, 1923
Principal and Interest Payable in Gold at New York.
Assessed valuation for taxation over One Billion
Dollars. Net debt but Sixteen Million. Area 251,700
sq. mi., or larger than any state in Union, with excep
tion of Texas. Population eight hundred thousand.
Write or Call for Descriptive Circular
CLARK. KENDAH& CO. INC.
flswtiiMiroini.
bricks or prints, 50c; seconds, in cubes,
38c; bricks, 40c; country creamery, extra I
cost to jobbers In cubes. 43c; storage,
rinmin.il.
OVERBECK &
COOKE CO.
Brokers, Storks, Bonds, Cotton,
Grain. Etc.
216-217 BOARD OK TRADE BLDG.
Walla, Walla, Ua-h.
Portland, Or.
Pendleton, Or.
MEMBERS CHICAGO BOARD OF
TltADK.
CorreepondentN of Lognn A Bryan,
Chicago and New York.
MEMBERS
New York Stock Eit-ljunge.
Chicago Stock Exchange.
Boston to'k Exchange.
Chicago Board of Trade.
ew York Cotton Exchange.
New Orleans Cotton Kchange.
New Y'ork Produce Exchange.
Winnipeg Grain Exrhangr.
Liverpool Cotton AKsociutlnn.
kVOID WINTER HERE Travel To
SUMMER LANDS
STEAMSHIP LINES
"s"
r smi m 3
Jan. 8. Turpentine J
21 barrels; stock.
Naval Store!.
SAVANNAH. Ga.
Quift. 92-ic: no
barrels: shipments,
16 035 barrels.
Rosin Quiet; no sales. Receipts. 109
barrels; shipments, 101 barrels ; stock,
84,955 barrels. Quote : B, D, E, F, G,
H, I, M. N. WO. WW. $11.00.
Eastern Dairy Produce.
NEW TORK. Jan. 8. Butter, weak ;
creamery higher than extras, 540o4c;
extra. 0.3 V c ; firsts, 449'52c.
Eggs firm : fresh gathered extra firsts,
69c: firsts. 66U06SC
Cheese firm; state whole milk flats held
specials, early made. :'T 28Vc ; do fall
made. 25 6 26 &c ; others unchanged.
CHICAGO, Jan. 8. Butter Lower;
creamery extras. 0c; standards. 47c.
Eggs lower; receipts, 2666 cases; firsts.
64u.fcf6r-c: ordinary firsts, 566 61c; at
mark, cases Included. 56 62c; refrigerator
Oregon-Pacific
Company
General Agents for
Holland-American
Line
and
TOO KEEN KAMA
Provides regular monthly
sailings for United Kingdom
and Continental European
ports, Japan, China and West
Coast South America.
GENERAL FREIGHT AND
PASSENGER OFFICES
203 Wilcox Bldg. Main 4565
Portland, Oregon
SUMMER is In full bloom below the Equator ! Rio Montevideo
Buenos Aires are glowing now with gay, colorful life.
Enchanting, natural beauties interesting, charming peoples.
Why not leave the cold, inclement season? Change Winter to Summer.
The Munson Line takes you there quickly, comfortably, at mod
erate cost. Splendid steamers of the U.S. Shipping Board. Frequent
Sailings. Full particulars of any Travel Agency or
MUNSON STEAMSHIP LINES
82-92 Beaver Street, New York
PHILADELPHIA CHICAGO ST. LOUIS BALTIMORE MOBILE
Bottom
of the
Decline
If yon have been waiting
for the bottom of the
swing downward of stock
market prices before mak
ing purchases, our analysis
of prevailing market con
ditions, just published, car
ries information that un
doubtedly will prove of
interest
All basic influences have
been carefully weighed by
us and the constructive
factors seem to outweigh
the unfavorable to such
extent as to indicate a
sharp recovery that may
get under way very shortly.
Write Dept. PO-Mcopy of
Market Analysis together
with Thrift Savings In
vestment booklet, -explaining
our partial payment
terms in detail Sent free
on request.
CnnRLE5 RCLflRKSONfi Uf
66 Broadway. - New York.
TCUPHOXES' RECTOR. 4Si -4
AUSTRALIA
Honolulu, iia. New Zealand.
The Palatial Iuftenger Steamers
B. M. S. "Niagara" K. M. S. "MAKLRA"
20,000 T.n- i:;.."U0 Tons
Sail from Vancouver, B. C.
For rate and sailing apply Can. Far. Rail
aavav. ."i.'i Third St.. Portland, or Canadian -
firsts, 5657c; refrigerator extras, o7.i Aiutraiatifln Ko al Mail Une, 440 fca rueur
S8a 1 6U. Vancouver. B. C.
Waaaamaawaaammmmwaia
jPE?irS TIWLCT i
Dependable Freight and Passenger Service
California Service
ReRnlar Freight and Paaaeus;cr Service to
COOS BAY EUREKA A"D 9AM FRANCISCO
Sanins; From Portland. 0 P. M.
S. S. "CLRAC'AO," Jan. 11 and 33.
mnnKtius at San Franclaco lib Stealers lor
Los Anarelea and San Uiruu
d..ii Frela-hl and Paena:er Service to Mexico.
TRANS-PACIFIC SERVICE to ail
Board A-l Steel American Vessels.
BOa v.llina From Portland
o paWLEI .Jan. 13
S S. COAXET ...
Si S MONTAGLL.
101 THIRD ST.
Central
America and Alaska.
1NXEKCOASTAL SERVICE. Boston
and Philadelphia. Newsco Llna.
8800-Ton Steel American Vessels.
SaUins; From Portland
5. S YAL.ZA Jan. 10
S. S. WEST ISLETA Jan. 25
S. E. ARTIGAS Feb. 5
.Feb.
.Mar.
For Further Information Apply to
PHONE MAIN 8281.
What about the
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uration point ?
Wilt motor stock
come back ?
What is the present status of
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All these questions are cov
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mailed to anyone trt upon
request.
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