THE OREGON DAILY JOURNAL, PORTLAND, OREGON
SATURDAY. JANUARY 29, 1921.
SOUTH AMERICAN WHEAT UNDERSELLS UNITED STATES
DULL TRADING AT SATURDAY STOCK MARKET START
10
EGGS ARE
MOM
AT LOWER LEVEL
Egg market prices -were definitely set
tled for the cloning day of the week
with buying: values down to 88c for cur
rent receipts, Portland delivery. and
candled stock selling at 4142c a dozen.
leader of th err baying trad were gener
ally of the opinion that the market could only
show farther declines for the immediate future
; and expressed the view that ; eountry holder
would profit by keeping their atoefcs cleaned up.
Heretofore aome of the Willamette valley inter
est hair been . inclined to hold back and natur
ally took losses when shipping to market.
mere is no acuDi tuai in ramie .onnwru
is today oroduulna more ecus than it is able
to eonanD and for thai reason tb trade hereof
. is lorceo. to lane wnaiever pnrw are iua
elsewhere, freight and handling charges being de
ducted. Iletallers are beginning . to shade their prices
and this is helping the bom consumption movement.-
Those desiring special information regarding
any market should write the Market Editor, Ore
gou Journal, enclosing stamp for reply.
BITTER COSTISL'EH TOllMPBQTE
While no change was shown in the price of
butter her for th closing day of the week, the
situation continues to reflect growing improve
menu with Km aligns of demand for cubes.
TCpKKY'. PRICES 11VL E i lOWEE
' With the generally, lowered price on poultry, a
decrraoed price is - showing for turkeys in the
Krbnt street trade. '" Best dressed stock is quoted
at 43 & 50c with culls around 40c generally. .
, . . .
IltttSSED COWS SEL115G HIGHER
Bwaimeof the recent .scarcity of. good cows
and
heifers in the livestock market recently,
of the city killers r quoting fractional
some
advances' in price for the closing day of the
week.
YAKIMA APPLES MOVING WELL
Tairload lots of apples are being moved here
but st low prices. John Sheridan of the Sheri-
dan-Beck ley company, reports a rather fair de- J
mamf for supplies with the bulk ot the trase
aroOnd $1.&0 a box.
POtATO BL'TISO IS COXTWIED K
While prices gvallable in the South do not
net any material profit to shippers on the basis
of $1.15fel.23 here for 'No. 1 potatoes, pur
eluutea continue in the country at that range.
Local' buinea scant.
BRIEF SOTES OF PUOPITE TUADE
tJinuntry killed hois and calves steady at
printed prices.
t'heeoe continues very firm -with an advance
likely.
( imtiniled lark of demand is shown for hops.
. Iw tngeles iinacb in hampers in better
supply; quality good.
Alfc (bli biipp'.ics were nominal for the day.
WHOLESALE PRICES lit" PORTLAND
These are prices retailers pay wholesalers, ex--
eept ias otherwise notea:
Dairy Products
BUTTER belling price, box lots: Cream
ery, ettrs.i, parchment wrapped. 4Sc per lb.
Jobbing prices: Cubes, extras, 38 40c lb.;
dairy j bnving price. 20c per lb.
HIJTTERFAT Portland delivery basis. No. 1
grsdet '43e; No. 2. 41c; eountry stations, 97(9
SUr tier lb
C11EKSE Selling price: Tills moo k, fresh
Oregon fancy triplets. 83c per lb.; Young Amer
icas, 3e lb. l'rices to Jobbers, f. o. b. Tilla
. niookt Triplets. 80e; toung Americas, 31c
Helling price: Block Swi. 88 9 40c; limborger.
$o38c lb.; rresm brick. 86 88c lb.
cXJUS Buying price: Current receipts,
38c leer dosen; candled, selling price, 40c ler
doetit select 4 142c dozen.
UVB rot'LTni netling price: Heavy hens.
28c lb.; lieht hen. 2425e lb.: springs, light.
30c lb.; heavy. 28c per lb.; old rootent, 14d
rr lb.; turkeys. 4 5c per lb.; dressed, 4 5
(CT 50c liet IK: dunks 8St40o lb.
. , T ' Fret h Vegetables and rrult
FRESH FBUIT Oranges. $3.754.R0 box;
bananas. -12fc13o lb.: lemons, 84.25 0
4.751a crate; grapefruit, Florida, $6.50 8.60;
California. $4.00. I
API'I.KS $1 508.00.
UltlKli FRIIT8 Uates, Promedarte. $7.00;
Fsrd. $4.00 per box; figs, J3.75W4.00.
(i.MONS helling price to retailers: Local,
$1.25; garlic. 15c; green oulun. COo per
dosen bunches.
1HJTATOES Selling price: Oregon fancy,
$ 1.H5 1 .50; Vweet. Tenn., $3.50 hamper.
HURRIES Cranberries, local. $0.00 0 8.25
per bx: eastern. i 00 bbl.
V VEGETABLES Turnips. $1.50 per sack;
earrotla, $1.50; beets, $1.60; lettuce, $3.00
per crate; egg plant, 18$20c; boccoli, $1.75;
bell peppers, 20 25c lb.; celery, $1.25 per
doxen; Hubbard squash, 2 f 2 Vic lb.
Meats and Provisions
' COCNTRT MEAT Selling- price: Country
h"g, ! 16c per lb. for top blockers, about
125 to 150 lbs. ; hesve stuff lower; veaL top.
Mi ttyi 110 lb.. lS-lVic; heavy riff less.
SMOKED MEATS Hams, 30 0 33a per lb.)
breuktast bacon, 26 4c41c.
lAltl Kettle rendered. 21 Vie lb.; tierc
basis, compound. 13 He.
Fish and Shellflth
FRKSH FISH steelhesd, 23 23e
lb.;
Top
Veal . . . .
17.1Se
Top Hogs .. . ....... .14-16
Poultry . .... . .Market Price
GEO. E. NICHOLS j
1 108 FRONT STREET
; Qjuotutlontr Change With Market
I ESTABLISHKD IN 114
I WI WANT YOUR
Veal, Hogs, Poultry
COOS, DRESSrD MEATS. HIDES, CASCARA
BARK, MOHAIR. WOOL, ETC
WRITE US FOR PRICES
GULLICKSON & CO.
Established 191X. 108 Front St., Portland, Or.
Ship us or writs for prices on Eggs,
Veal. Hogs. Potatoes, etc. Let us
quote you prices for groceries- Call
or sinct us a list of what you want.
We Can save you money.
GRIEN VAN SCHQONHOVEN
193-195 2nd. Cor. Taylor. Portland
MARK SHIPMENTS
FOR '
HI0HEST PRICES
PROMPT PT
WHt for Prices
DAIRY UTTER
CREAM EQOS
TO
COMPAS?
PORTIAND, OR.
HIDES, PELTS, WOOL
Catear Bark, Met alt, Habert .
Writ tor prices and snipping: ta.es.
ll SHANK & CO.
SIS Frost 8treet, Portland. Ore;oa
ISSUE NO. 5
HOGS SELL WELL
16916H4 Heavy Hogs .
VEAL FIRM
..1819 Heavy Veal
POULTRY WEAKER
...28929 Light Hens ......
... ...300 Springs, Heavy t..
Fancy Block Hogs .
Fancy Veal
Heavy Hens .. ,
i Springs, Light
a tags.
, ..ibc, i .
Writ foe a supply of our' Shipping
vw vviwtiw snTTa ii hv wh rvuiu
Sheridan-Beckley
FRUITS AND
Phone Main 7922 !
Reference: HIBERNIA
tepie end Potato Ore wars' Associations The Ship
0
tMARJCET
BASKET
RJETAJL PRICES.
By Hrmao H. Cohca
ho you buy a single can of condensed
milk or are you wise and purchase in
greater quantities?
po you purchase a single can of corn
or; other vegetable at a time?
These questions are asked In order to
Inform you that; quantity buying of
foodstuffs means I a very liberal saving
to' youv. , j .
I was asked. recently why it was that
reports . in the paper indicate that food
stuffs are being sold at lower prices
when many consumers were forced to
pay extreme prices.
j There is a very good reason for .this.
Most consumers fail to take advantage
of I the bargains that are dffered in the
advertising columns of The Journal each
wcjek and especially so on Friday. If
advantage is : taken of these special of
ferings consumers will save from 10 to
20 j per cent on their living ' costs and
that's no small item. j
The following prices ruled generally in retail
shops for good quality. Home values are f rsc
tioaally higher, inferior stuff fractionally lower:
Ituttjte Krenh rramerv. 4 7 6e50c.
tgs Fresh laid, extra, 50&6Oc per doaenf
extra pallets, 5 5c.
Poultry Chickens, dressed, 45c lb.
rb.h Salmon, 30 g 50c lb.; halibut. 35c lb.;
Colkimbia river smelt, 10c lb.
Flour Best local patent, $2.75 3.00 per
sack. 49 lbs. t
"o'atoes Burbanks, 2e lb.
Ornions 2e lb. : ,
SIsxitnum prices on the Portland public mar
ket! j
Cabbage. 2c pound; cauliflower. 20c head;
carrots, 2c ' pound; celery, 13c head: celery
hearts, 15c: onions, 2c ound; parsnip. 2c
pound; squash. 2c pound: turnips, 3c pound;
ontatnes- 1 c Dound : dry beam. 7c pound;
prunes, 12 He pound; comb honey, 40c pound;
bulk honey, quart, 90c; pint, 47c; ducks, 50c
pouind; geese, 4 Re pound; cottage cheese, 20c
pound; hens, xaefuc pouna; iryers, one
pound; eecH. 53c dozen; butter, 68c pound;
milic. 13c quart.
f rosea chinook, 20c; halibut, fresh, 26e: star
geoh, ( ; black cod, 116el2c; kippered sal
mon. $2.50 per 10 lb. basket: kippered cod.
$2Jt5; rasor cams, ( ); crabs, $2.75 0 3.75
pert dozen; ling cod, 6 e 8o per lb. ; Columbia
smelt, t per lb. i
OYSTERS Eastern, per gallon. $5.00;
OlWnpia, $5.50.
Oroearlag i
SUGAR Refinery bania: Cube, $10.05; fruit
and berry, $8.30; D yellow, $7iA; granulatea.
$8i30; extra C, $7.10; goldewCrT7.80.
HONEY Per case, $7.75 ft 8.00; bulk. 18e
per lb.
KK'E Japan style,: No. 1. 64c; Blue Rose,
8c per lb.; New Orleans head, 11c,
CpEFEE Roasted, ltf&Slc. in sacks or
drums.
, bAI.T Coarse, half ground, 100s, $17.25
per ton; 50s, $18.75; Uble dairy. 50, $27.25;
bales, 13 5004.00: fancy taote and dairy.
$34 r0; lump rock, $26.50 per ton.
BEANS Sales by jobbers: Small white,
5 Vic lb.; large white, 5 Vic; pink, 7V4e per lb.;
liraas, 8".ic; bayou, llVici reds, 7Vc; Oregon
bmrsn., buying prices, bnmlnal. '
CANNED MILK Carnation. $6.00; Borden,
16 OO; Aator, $5.90; Eagle. $12.50; Libby.
$5.90; Mount Vernon, $5.90 per case.
SODA CRACKERS In bulk. 17c per n.
NUTS 'Walnuts. 23 05 26c per lb.; almonds.
2TS 28c; filberts, 82c in sack lots; peanuts.
14Vs15c; pecsns, 25c; Brszila. 85a
Rope, Paints, Oils
ItOPE SisaL dark, 14c; white. 16c per n.;
standard Manilla, 20 Vic
LINSEED OIL Raw, bbls.. 99o gal.; ket
tle boiled, bbls.. $1.01; raw. cases, $1.14;
bolted, ca-ses. $1. IS' per gallon.
COAL Oil Pearl or water whitet. in drums
or iron barrels. 17 Vie gallon; cases, 80c per
gallon.'
GASOLINE Iron barrels. 29c; cases.
41 He.
WHITE LEAD Ton lots. 12 c; 600 lbs..
13c per lb.
TURPENTINE Tanks, $1.24; cases, $1.39;
10 case lots, lc less.
Hops, Wool and Hide
HOPS Nominal. 1920 crop, 20 622 Vi c.
HIDES Calfskin, 10 12c; kip. 8c;
green hides, 5 ttc per lb. .
MOHAIR Long, 25c: short, 1 5c
TALLOW AND GREASE No. 1 tallow. 6c:
No. 2, 4c.
CASCAftA BARK New. 8c lb. .
WOOL Coarse. , 10c; medium. 20c; fine,
3 So per lb.
CLAIM SB PEIl. CENT
ASSOCIATION WHEAT SOLD
Spokane, Wash.. Jan. 29. Member of the
asliinjrton Wheat Growers' association have
disposed of approximately 50 per cent of their
1 'I'M) wheat crop, according to a statement made
today by A. C. Adams, secretary of the or
ganization. Auinpuncernent was made that the associa
tion has signed 12.800,000 bushels of 1921
whest to be pooiexl for selling. Thirty-six new
contracts were received this morning and 80
others during the last, two days. The con
tracts average 350 bushl each.
New York Butter and T.gg
New York. Jan. 20. (I. N. S. ) Butter-
Market unsettled. Creamery extras (salted and
unaaltexl), 4V4 52c; creamery, firsts (salt
ed and unsaltvd). 43 51c: creamery, higher
than extras (Halted and unsalted)-. 50 t 53 hi c;
State dairy, tubs. 30 4 9c.
Cheese--Market irregular. State, whole milk,
siiecials, 24fti'21tr; whole milk, fancy, "22 Vi
25Vkc; whole milk, lower grades. 20P22c;
Wisconsin, whole milk, fancy Young Americas,
28 Vi 29 He; state, hkims, specials. 1 7 2 0c ;
state, choice, 5 17. Vie; state,- fair to good.
1 2 ( 1 4 Vi e ; state, lower grades. , 1 -.
Eggs Market easy. . Nesrbv white, faney,
lc; nearby -brown, fancy, 6ic; extra, 63c;
firsts. 59 g 61c.
1
jSheep Men to STe
Y'akima, Jaa. 2. Yakima sheepmen will
save $3254.70 hi j taxes this year if County
Assessor L, I. Luce places the valuation of $6
a head as recommended at the county assessor's
convention in Olympia recently. The saving is
fiaured on the banis of a 70 mill levy. Last
yiar 115,279 head of sheei were1 assessed in
this county at prices ranging from $B to $11 a
head, the total value being $1,156,640. If the
flmt assessment of 1 $6 is approved here the
total valuation for the coming year will be
$!. 1,674. H the practice is to be uniform in
the state, Assessor Luce says" he will adopt it
Iiere. s
Chicago Dairy Produce
Chicaito. Jaan. 28. (I.;n. S.) Butter Re
ceipts. 6712 tubs.. Extra firsts, 43 Vic; firsts.
38 4 4 Vic; parking stock. 14slSc.
Eggs Receipts, 845 cases. Miscellaneous.
53js55c; ordinary firsts, 53 e 4c; firsts, 65 Vi
fc5c; checks, 50c; dirties, 5052c
Live Poultry Turkeys. 43e: chickens. 30 Vic;
springs. 2 Ac; roosters.: 20c; geese, 26c; ducks,
32k:. . - w
Dried Frnlt and Beans
New York. Jan. 29. L N. S. Beans
Market unsettled. Marrow, choice, $9.00; pea,
choict. $4.30 5. 10;" red kidney, choice. $9.1:5
!I 50.
Dried Fruit Market ' quiet. Apricots, extra
clmice to fancy, 26 W 36c; apples, evaporated, I
l'nn to lancy, u(FMc; prunes, 30s to 60s,
12('16c; prunes. 60s to 100s, 6Vi 60ic:
imches. extra eheH-e to fancy, lSv21Vic;
seeded raisins, extra choice to fancy, 24 & 25c
New Tork Wool and Hides
New York. Jan. 29 -(I. N. S.) Wool
Market weak. Domestic fleece XX Ohio, 23 &
45c, dcanestic, scoured basis, 1 6 60c : domestic,
acsmred basis. 40 75c;. domestic Ter. staple,
scoured, 57 85c. f"-
Hides Market rruiet. Native steers. 13
14c; branded ateers, 11 011 Vic.
Cheese Men to Meet
Toledo, Wash.. Jan. 29. The stockholders of
the tWltts Valley Cheese association will hold
their annual meeting at the cheese factory hall
at 10 a. m. Monday, February 7. Arrangements
are being made for a;ieakera on "Cooperation i
,1.4 Tlajrv T..lin- A . . 3.
SAT., JAN. 29, 1921
-11915
12316
25926
2K
noosvers
12&14
Tags They mean better prices foe yu.
j, f wii nga, so uosen n Eggs
Inc.
PRODUCE s
211 Washington St.
SAVINOS BANK
m Car Lota or Loss Should Us Our Services
ARGENTINE SELLS
WHEAT FOR LESS
SATtTBDAT WHEAT MARKET .
Bid. Loss.
Hard whit Ili , 6c
Soft w oils , . . , M de
White elan . . . i c
NORTHWEST GRAIN RECEIPTS
Reported by Portland Merchants' Exchange,: '
Cars
WheaU Barley. Flour. OatcSay.
Portland, Sat.
Tear ago . .
TL this week .
Year ago . . .
120
4 5 16
23
720
136
8 3 16
3 15 10 119
11 115 6 31
180 521 350 1488
16T 2634 391 1179
.... 14 ... . 7
45 1 ...
47 633 83 836
68 1791 140 624
... 2 2 1
13 8 2
178 242 302 1070
219 406 536 978
1 51 22 50
2 ... 637
Season to date. 10.440
Year ago 5,719
Tacoma. Fri. . . 12
Year ago ... . 21
Season to date. 3.213
Year ago .... 4,713
Seattle. Fri 17
Year ago .... 8
Season to date. 3,434
Year ago 4,806
Astoria, to date 813
Year ago 799
It was another bear day in the market
for wheat options fn the Kast, reflecting
a similar condition 'in the Pacific North
west trade. Argentine is offering: wheat
at a lower price than this country and
this is one of the chief reflections in the
trade at the moment.
A special from Buenos Aires, Argentina, was
to the effect that cash wheat, was being offered
there at 302.93 pesos c. i. f. Europe, which
means $1.94 per bushel. The cost of delivering
March wheat from the gulf, based noon Friday
quotations, was perhaps $2.02 per bushel. The
cost from Pacific Northwest points is even greater
on the basis of Friday quotations, thereby elimi
nating new business.
Of course it must be shown that the cost from
this section is based on a far better grade of
wheat than what Argentine is Quoting, but even
considering grades, the differentia1, is in favor
of the South American market at - the moment.
FLOUR Selling price, mm door: Patent,
$0.80; Montana aprina wheat. $9.50: Wil
lamette valley brands. $8.55: local straight.
$8.30: bakers" local. $9.00: craham. $8.00:
whole wwheat, $8.20. Price for city deliveries
15c extra; suburban, 20c extra.
HAY Buviiur nrice. nominaL Willamette
timothy, fancy, $2527 per ton; clover, $19;
strsw, $13s)14;; alfalfa, $20 dp 21 per ton.
GRAIN SACKS Nominal. No. 1 Calcutta,
10c. domestic. 11a in car lots: less amounts
higher. . .
AtlLLSTUF FS Mill run at milL sacked, ton
lots, $36; carloads. $35.
OATS Per ton. buying price: Feed, $33 0
$34.
BARLEY Buying price: Feed. $31032:
milling, $33.
SEED Buying once, nominal: no demand.
Red clover, re cleaned. ( ) per lb.: alaike.
t ): vetch. ).
FEEDSTUFFS F O. B mills- Rolled bar
ley, $41&43; whole barley. $41; alfalfa meal.
$30; cocoanut meal. $30: cracked corn. $45:
whole com, $42 ton; scratch feed $60; soy
been meal, $50; linseed meal, $62; whol oats.
$42; rolled oats, $44 per ton.
ROLLED OATS Selling price. $10 bbL
Merchants Exchange bids)
WHEAT
Jan. Feb. March.
Ifcnl White 155 157 157
.Soft White 150 155 155
White Club 150 155 155
Hard Winter No bids.
Northern Spring ...... No. bids.
Red Walla No. bids.
FEED OATS
No. 2 White 3250 3250 3250
No. 2 Gray 3150 3100 3100
BARLEY
No. bids.
No. 3 Eastern
CORN
(bulk) . . .
2000 2900 2900
No Support and
Wheat Price Is
Lower'in Chicago
Chicago, Jan. 29. (I. N. S.) Grains
closed at sharp declines for the session.
Low prices were not maintained as con
siderable week end evening up trade in
the way of short covering rallied prices.
Sentiment was bearish and selling was
general. Support otherwise from shorts
and the buying against bids was very
meager. Provisions closed lowers
Closing prices 4for March wheat were
at declines of 2 to 3c. May dropped
34 to 3Vfc. May corn 11 lower;
July down. May oats declined
and July off.
Chicago. Jan. 29. (I. N. S.J General sell
ing end lack of buying support was responsible
for declines in wheat at the opening today.
March was 2 c to 3 Vic lower, and May to
4SC off.
Buying support for corn also was lacking and
May opened '-sc to lc lower, while July wsa
Ic to 1 s c off.
Oats opened c to He lower, with local
traders and commission houses selling.
Provisions were inactive.
Chicago range by l.'nited Press:
WHEAT
Open. High. Low. Close.
March 163 164 Vi 161 163
May 153 158 149 150
. CORN
May 6(5 66 H 0,5 4 63 Vi
July 67 4 68 Vi 07 Vi 67 V4
OATS
May .. . 42 V4 42 41 Vi 41
July '. 42 i 427i 42 42 Vi
PORK
January Nominal. 2350
May Nominal. - 2290
RIBS
January 1300 1300 1287 1287
May 1362 1365 1350 1350
RIBS
January . . . . 1 20O ' 1200 1175 1175
May 1245 1245 1223 1225
RYE
May 1414 1410 138V4 139V4
July 121 121 118 118
i BARLEY
May !3 63 62 Vi 62 Vi
Astfed.
Cash wheat:
hard. $1.68 Vs.
No. 3 spring. $1.60; No. 3
FOREIGN FINANCE -IDS COTTON
IN THE EARLY TRADING
New Tork, Jan. 29. (I. N. S.) Firmness
in foreign exchange and the Oerman reparation
agreement cansed a steadier feeling and initial
prices were 13 to 17 joiais higher on the
cotton market today. Wall sTreet and the trade
furnished the chief buying power at the start,
while Liverpool sold. Later changea in prices
were small and at the end of the first 1 5 -minutes
the market was about 14 points higher on
active posts. .
The market was quiet in the late dealings,
slightly above the low levels. .The close
steady at a net advance of 4 point to a
was
net
decline of 1 6 points.
Spot cotton was quiet and unchanged her to
day at 1475. No sales.
Furnished by Overbeck ec Cooke Co
Board
Of Trade building t
Month Open. High. Low. Close.
March i 1455 1467 1447 1452
May 1407 1305 1af78 1482
July 1535 1333 lTlO . 1512
Oct. 1565 1503 13H 1535
Dee. 1570 1565 1531 1542
DAIRY PRODUCTS OF THE COAST
Seattle Market
Seattle. Jan. 20. (U. P.) Eggs Fresh
ranch, 49c; pullets, 43r44r.
Butter City creamery cubes, 44c; ; bricks,
43c.
Los Angeles Market
Los Angeles, Cel.. Jan. 29. (I .N. S.) But
ter. 46c. ' -
Eggs Extras. 45c; case count, 44c; pullets.
43c.
Poultry Hens, 35c; broilers, 408 53e; fry
er. 40c. . .
POTATOES
ALONG THE
Sestl Market
COAST
Seattle. Jan.
8 40.
29. tU. P.) Potatoes $25
San Francisco Market
Saa Francisco. Jan. 29.--(U. P.) Potatoes:
River White. $2.00 r 2 33; Salinas. $3.00
3.25; sweets. $3.25 t 5.50.
Onion Australian brown, 7 3c $1.00.
L.e Angeles Market
Los Angeles, Cel., Jan. 29.- (I. N. $.) Po
tatoes: Stockton Burbanks, mostly $2.00
.23. a .r: -
Saa Francisco Poultry Market
San Francisco. Jan. 29. V. P.) Broilers.
3Se60c; large bens, 35 is 37c; best ducks, 30
6 35c. :
San Franefsro Barley Market
Saa Francisco, Jan. 29. V. P.) Spot feed,
per cental. $1.35 & 1.40; shipping. $1.55
NOMINAL SUPPLY
IN PORTLAND YARD
SATTTBDAT hW 31 AHKET
Tone.
..Nominal
. .16l.c hicher
. .l$20e higher
...Weak
. . .Steady
Top.
(110
10.3
9.45
$.40
$.
Portland
Chicago
Omaha .......
Kansas City . .
DenTer ......
PORTLAND LIVESTOCK RUN
Hogs. Cattle. Calves. Sheep. Cars
Saturday ". ,
29
Week ago ....
Two weeks ago.
Four weeks ago.
Year ago
Two years ago.
Three years afo
Four years ago.
743
. . . . . . 262 1
26 7 .. 22 1
288 8 7 3
251 85 24 4
234 8 7 8
L1YESTOC PRICKS COMPARED
Top, Saturday.
$11.50
$ 9.10
$10.50
Fame 1920
Same 119
Same 1918
Same 1917
Same 1916
16.00
16.80
16.35
11.40
7.50
12.30
13.25
11.00
9.00
7.60
17.50
14.50
11.50
12.25
8 53
There was only one load of livestock
In the North Portland alleys at the week
end. All lines showed a nominal tone.
In the hog alleys there were uo carload ar
rivals for the day. Tone was considered steady
but on a nominal basis.
General hog market range:
Prim light $11.00 11.50
Smooth heavy 10.50 11.00
Rough heavy 7.00 9.50
Fat pigs 10.00 11.00
Feeder frigs 10.00 011.50
Cattle Market Steady
One load of cattle came forward to North
Portland for the Saturday trade. Conditions
were considered steady but price were on a
nominal basis.
General cattle market, range:
Choice steers $-8. BOW 9.10
Medium to good steer. ...... . 8.009 8.C0
Fair to medium steers. ....... 7.00 8.00
Common to fair steers 6.00 & 7.00
Choice cows and heifers 6.75 7.20
Medium to good cows and heifers 6.25 6.75
Fair to medium cows and heifers 6.50(3 6.25
Common cows and heifers..... 4 00( 5.50
Canners 2.00 4.00
Bulls ,. 4.50 9 5.50
Choice dairy calves 12.06 913.00
Best light calves 10.00 11.00
Medium light calves 9.00 10.00
Choice feeders 6.60 7.25
Fair to good feeders 6.75 0 6.75
8heep Are Nominal
There was no run in the sheep alleys for
Saturday. Trade conditions are fairiy steady on
a nominal basis
General sheep market range: '
East of mountain lambs $ i. 60 10.50
Willamette valley lambs 9.00 9.50
Cull lambs 5.00 6.06
Feeder lambs 6.00 7.00
Wethers 6.60 7.00
Light yearlings 7.50 8.50
Heavy yearlings 7.00 7.60
Ewes - ; 1.00 0 6.00
Friday Afternoon Sale
CALVES
Ave. lbs. -Price. 1 No. Ave. lbs.
.. 440 $ 8.50 I 1 100
. . 116 11.25 24 163
No.
1 .
Price.
$ 9.00
11.60
Saturday Morning Sales
CALVES
Av. lbs. Price. No. Av. lbs. Pnce.
. . 100 $12.00
No.
1 . .
AMERICAN LIVESTOCK PRICES
Chicago Hogs $10.36
Chicago. Jan. 29. (I. N. S.I Hogs Re
ceipts 5000; mostly 10 15c higher. Bulk.
$9.40 10.00; top. $10.35; heavywe'ight. $9.45
(9.80; medium weight. $9.60 00 10.15; light
Height. 9.60 ( 1 0.35 ; light lights, $9.900
10.35; heavy (lacking sows, emooth, $8.60
9.25; parking sows, rough, $8.40 (s 8. GO; pigs,
$9 0010.25. ,
Cattle Receipts, 500.
Sheep- Receipts. 1OO0.
Omaha Hogs $9.65
Omaha. Jan. 29. (I. N. . S.) Hogs -Receipts,
7200; mostly 10c to 20c higher. Prac
tical top $9.55. partload $9.60; bulk, $9.00
9.50; top, $9.60.
Cattle Receipts, none. Compared with week
ago: Beef steers unevenly 50c to $1.00 lower;
butrher stock, 25c tb 50c lower; veals, steady;
stackers and feeders, weak to lower; spot, more.
Sheep Receipts, 100. Compared week ago:
Handy weight light lambs, 75c to $1.00 lower;
heavy grades, $1.00 to $1.50 lower; sheep and
yearlings, 50c lower; Feeding lambs generally
$1.00 lower.
Kansas City Hogs $9.60
Kansas City. Jan. 29. (I. N. S.) Cattle
Receipts 400; dull. Steers, $7.00 8.00;
cows and heifers, $5.50 & 7.75; calves, $7.00
11.00; stocker and feeders. $6.00 8.00.
Hogs Receipts 500. Bulk, $9.35 9 9.50;
toi. $9.50.
Sheep Receipts 500; slow. Wethers, $6.25;
ewes, $5.25 6.0O.
Denver Hogs $9.50
Ienver. Jsn. 29. 1 IT. P.) Cattle Re
ceipts 200; steady. Steers, $7.50 9 9.00; cows
and heifers, $5.00 9 6.75; stockers snd feed
ers. $6.507.50; calves, $9.00 12.00.
Hogs Receipts 200; steady. Top, $9.50;
bulk, $9.10 9 9.40.
Sheep Receipts 500; steady. Lambs. $8.00
9.50; ewes, $3.75 9 4.65.
FaTor Egg Tariff
Rosebnrg. Jan. 29. Douglas county poultry
men are much interested in the bill before
congress to protect poultry producers of the
United States against the importation of Chinese
eggs. Recently a trainload of Chinese eggs
passed through Rosebnrg. routed East. The local
poultrymen are in favor of a tariff on eggs,
and especially those from China.
New York Sngar and Coffee
.New York. Jan. 29. (U. P.) Sugar
quiet: raw, $4.89; refined, quiet; granulated.
$7.50.
Coffee No. 7 Rio, 64 7c; No. 4 Santos.
9 9 10 He
Naval Stores Market
New York, Jan. 29. (I. N. s: Turpen
tine Savannah. 92 H. no sales; New York, 71.
Rosin Savannah, 1100; New York, 8.75.-
New York Potato Market
New York. Jan. 29. (I. N. S.) Potatoes
Market steady. Nearly white, $2.25 4 00
Bermudas, $6.00 910.50.
Wheat Trade Notes
New York Shipments from Australia and Ar
gentine during the past seven days will aggre
gate 7,000,000 bushels of wheat.
Australia Wheat crop practically assured and
exportable surplus will be around 90.000,000
bushels.
Argentine Wheat market weak.
Chicago Potato Market
Chicago. Jan. 29. tl. N. 8.) Potatoes
Receipts. 5 .cars. Minnesota and Dakota, Ohios
$1.001.15; bulk. $1.151.25.
Mlnneapnli-DiilBth Flax
Duluth. Jan. 29. (I. N. 8.) Flax Jan
uary, ISO; May, 184; July, 188; track and ar
rive. 177.
Minneapolis. Jan. 29. (I. N. 8.) Flax
January.. 171: May 181; July, 184; track
and arrive. 178 9 179.
Standard Oil Stocks
4
login e
Bid. Asked.
Anclo
Borne Scrysmer
Buckeye . . . . ,
Cheesebrough . .
do pf d. . . . .
Continents! . .
Crescent
Cumberland 1
Eureka
Galena, c
Galena Old. pfd. .
Galena New, irfd. .
Illinois Pipe
Indiana Pie . . . .
National Transit
New York Transit
Northern Pipe . . .
Ohio Oil
Inter! Pete
Perm. Mex. . . . . .
Prairie Oil
Prairie Pipe
Solar Refs. ......
Southern Pipe . . .
South Penn. Oil -.
8. W. Penn. t WI . . .
S. O. California . .
8. O. Indiana . ...
8. O. Kansas
8. O. Kentucky ...
8. O. Nctv York . .
S. O. Ohio
do pfd.
8 win ft Finch . . .
Union Tank . . . . .
do pfd. ......
Vacuum . . . . . . ,
Washington .......
S. O. Nebraska . .
1H 19
390 410
85 86
185 20O
107 llo "
HO 115
36 83
25 135
. 95 98
45 47
83 97
. 94 98
. 172 176
. 84 87
- 27 29
. 160 165
. 4 97
. 283 286
.153 164
35 88
473 483
-180 189
- 370 88
.no ih
. 240 243
. 70 74
. 300 303
70 H 71
. 585 B93
. 425 435
. 354 359
390 401
.108 110
. 45 55
.110 115
.100 104
. 823 . 339
. SO 3 5
, 890 410
MEX
PETkOLEUM
IS ACTIVE FEATURE
New York. Jan. 29. (I. N. S.) The
stock market closed irregular today.
Price movements were irregnlar through
out the Hate dealings. The motors ex
perienced good upturns on heavy buy
ing. Studebaker rose over 2 points to
69, reaching to 58 at the close. Chandler
rose 2 points to 72. Mexican Petro
leum was reactionary toward the close,
selling over 1 point from the high to
158. Reading yielded fractionally from
the high to 84 and Northern Pacific
dropped 1 point from the best to 86.
The steel shares shaded off fractionally
from the top. Steel common closing at
83 and Baldwin Locomotive at 89.
Government bonds unchanged ; railway
and other bonds Irregular.
Total sales of stocks today were 298,
200 shares ; bonds, 86,868,000.
Total sales of stocks for the week were
.036,500 shares; bonds, $62,664,000.
New York. Jan. 29. (TJ. P.) The stock
market was dull throughout the early
trading today. Most of the initial sales
were in 100-share lots. y
Mexican Petroleum, responding to reports of
improved conditions in Mexico, sold up 1 Mi
points at 159. Sinclair was tb real leader of
the oils, however, opening at 24, up H , and then
being taken in big blocks until it reached 24 .
Northern Pacific, the feature of final trading
yesterday, was off 4 at 87. but later recov
ered this loss. Reading sold at 84, off .
Baldwin gained H at 90 Vi.
At the-end of th first hour it was still a
specialty market. General Asphalt continued tv
find offerings heavy and sold off more thm
a point.
Furnished by Overbeck Coota Co., Board
of Trade building:
STOCK
I High
Low I Bid
Alaska Gold
Alaska Juneau ........
Allis-Chalmers
Am. Beet Sugar
Am. Can Co
Am. Car c Fdy .......
Am. Cot. Oil.....
Allied Chem.
Am. Hide St. Leather...
Am. lee
Am. IntL Corp
Am. Linseed
Am. Loco
Am. Ship A Com re . . . . .
Am. Smelter
Am. Steel Fdy
Am. Sugar
Am. Sumatra
Am. Tel. & Tel. ......
Am. Toijacco
Am. Wool
Am. Zinc ..
Anaconda
Assd Oil . . .
Atchison
Atlantic Coast Line
Atl. Gulf & W. I
Baldwin Loco.
Balto. Ohio
Beth. Steel "B"
Booth Fish
B. R, T
Butte C. & Z
Butte & Sup
faddo Oil
Canadian Pac
Cen. leather .........
Chicago & N. W
Chicago Gt. W . .
Chile Copper .........
Chino .
C. M. A St. P
C. & O
Colorado F. I
Colorado Southern .....
Col. Gas & Klec
Columbia Graph. ,
Consolidated Gas
Corn Products ........
Cosden Oil
C. R. I. &. P. . . ;
Crucible .
Iel. & Hudson .
Imt Mines
I. A' R. G
Endicott Johnson ......
Erie
Fed. Ming. A Smelting. .
Gaston Wms
General Cigars .......
General Klectric
General Motor
General Asphalt
General Motor Deb
Granby
Creat Northern Ore ....
ireat Northern pfd. . . .
Greene Cananea ......
Gulf S. Steel
Hask Barker
Houston Oil
Illinois Central
Inspiration
Int. Agr. Corp. com. . . .
Intercom.
Interstate Callahan
International Harvester
International Merc. Marine
International Nickel . . .
International Paper ....
Invincible Oil
Island Oil
K. C. Southern ........
Kennecott . . . .
Keystone Tire
I -ackawamia Steel
Maxwell Motor
Mexican Petroleum
Miami
Middle States Oil
Mid vale Steel
M. K. & T
Missouri Pac
do pfd
Montgomery Ward
National l.ead
Nevada Con.''
New Haven
Norfolk & W
Northern Pac
Nova Scotia Steel
N. Y. Air Brake
N. Y. Central
1
35
45 ,
32
L24
22
50
0
44
46
61
83
11
40
30
93
80
99
32
'6iH
32
50
47V4
62
"i7H
40 4
30 '4
93
81 V
99
' 67
'39
102 H
83
85
70
90
35
57
5
" ' 5
46
61
' i i
39
80
93
80
99
67"
39
98
82
84
69
89
34
57
5
119
66
8
89
100
82
84
69
80
34
57
5
12
5
13 U
16
118
41
117
117
40
12
40
68
8
12
22
28
59
29
32
62
11
79
72
3r
J7
OS
101
12
62
13
8
4
60
127
14
68
21
23
28
78
22
12
63
1 1
79
72
30
27
95
101
12
2
62
13
' '4
61
11
79
72
30
27
94
101
11
1
62
13
"i
15
68
14 S
67
I. .
79 I 78
36 34 I 35
59 59 58
76 I 75 75
. ... .. ... .1 OO
33 34 I 34
I 12
4 4 4
! 6
I 96
I 14
15 15) 13
61 61 I 61
25 24 I 24
4 4 I 4
. I 20
20 19 19T
13 12 12
53
5 5 5
159 157 138
i - . 1 8
13 13 13
I 31
2 ,2 "2
19 -18 19
! 40 40 39
16 16 16
..... 72
! 1 1 1 1 1 1
21 21 11
i 100
I 87 86 86
! 84
SO
72 72 72
3 3 3
17
38
47 47 47
75 75 75
41 41 41
38
35 35 35
11 10 10
95 94 94
111 110 110
13
84 I 83 83
i 32
67 66 I 66
66 66 66
... I 85
! I A 6
1 43
24
53
: 98 98 8
23 22 22
.......... 23
103
9 8 8
43
35 34 35
26 55 55
10 10 10
23
12 119 119
70 I 69 89
t 69
'8.i" 83"
! 7 66 56
; 37 36 86
37 37 37
7 7 7
8
14
26 .
86 88 86
44
8 7 . 8
34
Ok la. Producing A Refining
Ontario & Western......
Pacific Oil ; .
Pacific Gas A Electric . . .
Pan-American Petroleum .
Pennsylvania
Peoples Gas
Pure Oil
Pierce Oil
Pressed Steel Car
Pullman
Ray Cons. .
Reading
Replogle Steel
Republic Iron ic Steel . . .
Royal Dutch Oil
Railway Steel Springs. . . .
Shattuck, Arizona
Shell T. & T.
Sinclair
Rkiss Shef-
Sou. Pacific
Sou. Hy.
St. I & S. F. '. . .
Swift A Co
Tcnn. Cop. & Chem.
Texas Oil ;
Tex. Pacific C. A. C
Tob. Products
Trail. ContL Oil
Union Oil Del -.
Union Iac.
V. S. Ind. Alcohol
U. S. Rubber
V. 8. Smelting
C S. Steel
Utah Copper
VaJ Chemical , .
Vanadium Steel
Yivandou
Wabash
Wabash B pfd
Western Pacific
Western Union
Westinghou.se E. A M . . . .
Willys-Overland : .
Wisconsin Central
I (Furnished by Overbeck Sl
Atchison Genl. 4 .
Ral. A Ohio Gold 4s
Beth. Steel Itef
Cent. Pacific 1st 4s
C. B. Q. Col. 4 s
HI !mil I :enl 4 KL S
Cooke
Bid.
77
78
. 84
73
97
78
75
81
18
77
81
82
94
76
90
78'
0
80
82
80
Co.)
Ask.
78
78
83
73
97
79
76
83
20
- 78
82
83
94
79
79 '
91
. 82
83
81
Chicago N. v Oenl.
4s.
Va!
I.. k . ni. s. .
New York Ry. 5s..
Northern Pac P. L.
Reading Genl. 4s...
Union Psc. 1st 4s..
V. 8. Steel 5s
I'ninn I'.'- 1 t Kef
5s.
5s.
4s.
Southern Pac. Con v.
Southern Pac, t out.
Pet.na. Con v. 4..
frana. 1 st 4i
Ches. & Ohio Conv. 5s
Ore. Short Line 4s . . .
Foreirs Exrhaare Market
New Tork. Jn. 29. (TJ. ,P.) Foreign tx
rhango opened with sterling demand $3.86;
franca, .0724; lire, .0378; marks, .0176. and
Canadian dollars. .8950.
Closing quotafiona were: Sterling, $3.85 2 i
francs, .0723: lire. .0372: marks. .0176; Can-1
adian dollars. .8950; kronen, .1905.
E
SLOW BUT STEADY
Vancouver, Wash., Jan. 29. -A to
tal of 3941 acres of prunes in Clarke
county had been signed up in the
Washington a Growers Packing cor
poration, with the final closing of
the 1920 iKol. Of these 3041 are in
bearing And the remaining 900 are
not yet producing a yield. , This
acreage represents a total off 410
growers belonging to the corpora
tion. 4- ..:
Although the market Is moving slowly,
steady sales are being reported by the
corporation, 200,000 pounds being sold
Friday. One New Tork house has sent
an order for one large car to be shipped
every 10 days. A long sales season is
indicated in the condition of the market,
officials of the corporation declare. It
is said that, although the market is slow,
it has become more firm and certain
than several weeks ago.
A large number of the orders received
by the local corporation are said to be
a direct result of the extensive poster
advertising being done in eastern cities.
Many orders specifically call for the
poster advertised "Mistland" brand, the
trade name- of the Washington and Ore
gon prune.
Growers will receive their first crop
payments about February 15, it is said.
No more acreage will be signed up for
1220, although the pool will reopen in a
short time for next year's yield.
Bank Failure at
Yakima Charged
To Lax Methods
Yakima, Jan. 29. A reckless disregard
for approved business methods seems to
have been the cause for the failure of
the Central Bank & Trust company of
Yakima, a small banking institution on
the west side - which closed its doors
Thursday on order from the state barrkH
examiners. Its capital stock was $00,000,
deposits $546,114 and loans and dis
counts $571,507, according to a statement
made following the last call on Decem
ber 29, 1920. Since that time the de
posits have shrunk to $420,000. according
to Sikko Barghoorn of Spokane, presir
dent of the institution.
It is estimated that the securities for
the loans made are not worth 50 cents
on the dollar. Fruit shippers, land and
oil speculators and farmers appear in
the list of those to whom loans were
made. Shrinking values in fruit and
farm produce have made it impossible
for loans to be liquidated.
Bank in Seattle"
Suburb Is Closed
Seattle, Jan. 29. The Citizens bank of
Georgetown, a suburb of Seattle, closed
its doors Friday. The-bank was cap
italized at $25,000 and there were de
posits of $270,000. The bank's depositors
are practically all workers who will sus
tain whatever loss results from the
failure.
FOREIGN EXCHANGE BATES
Corrected daily by the foreign exchange de
partment of the United States National bank.
Quotations below except' tb pound sterling,
ar quoted on th basis of 100 units foreign
currency. -'
Opening nominal rates on- bank transactions:
Draft Cable Par
London Checks. Transfers. Value.
I.b. sterling. $ 8.86 $ 8.87 $ 4.968
Part" Francs
7.19 7. HO l.a
1.76 1.76 23.81
3.71 3.72 19.30
Berlin-1 Marks. .
Genoa Ijre. . .
Athens
I drachmas. ." .
Copenhagen
Kroner
Christie nia
Kroner.
.Stockholm
Kroner Hongkong
Currency. . . .
Japan Yen.. . .
Shanghai Teals
7 65
19.00
18.30
22.00
52.75
49.00
71.00
7.75
19 10
18.40
22.10
53 25
49.50
71.50
19.80
"26.70
26.70
26.70
26.70
PACIFIC COAST BANK STATEMENT
Portland Bank
This Week.
( 5.215.211.10
4.770.761.48
4,108,492.12
3,195,643.99
3,981,605.07
3.735,984.38
24.987.298.14
Clei
Tear Ago.
; 6. 738.134. 02
4,407,855.40
4.470.082.06
8,886,092.37
4,485.568.96
4, lOO, 481. 92
27,088.234.73
Monday
Tuesday . .
Wednesday
Thursday
Friday . . .
Saturday
Week . . . .
Spokane
anks
Clearings,
Balances,
Saturday $ 1
Saturday
Taooma Bank
309.775.00
458,719.00
Clearings. Saturday $
Balances, Saturday
340.163.00
76.536.00
4.396,404.00
SK4iw ainii
Satnrday ........
Clearings,
Balances,
Saturday ..........
878.890.00
rrsiiviMie m w . . .
Clearings, Saturday $17,200,000.00
Lee Angel Bank
Clearings, Saturday . . $12,246,631.00
Liberty Bond Sales
(Reported by Overbeck & Cooke Co.)
men. lxiw. iose.
Liberty,
Liberty,
Liberty.
Liberty,
3a
1st 4s
21 4s
1st 4...,
2d 4s. ...
9200 9193
01f6
8650
R750
860O
f00
8720
0740
0730
8730
8650
80
8690
9732
0734
8720
8H
8004
8696
0734
0732
Liberty.
Liberty, .3d 4 s .... ,
Liberty. 4th 4s..v.
Victory, 4 a
Victory, 8 s
Sew Tork-London Silver
' yew Tork. Jan.- '(!. N. 8.) Commer
cial bar silver was todar quoted: Domestic, 14
hieher at 00 M; foreign, 14 lower at 62.
London, Jan. 29. L X. 8.) Bar silver,
was Id lower at 36 4d.
w Tork Financial fttateraent
New Tork, Jan. 29. U. N. 8.) Clearing
house statement: Exchanges, $609,969,105;
balances, $58,643,68: federal reserve bank
credit balance, $42,846,370.
HERRIN & RHODES, INC.
(Established 1896)
CATTLE 'ORTUAMD TACOMA
Fast Privet Du F-lex Wire
COAST TO COACT.
Stocks, and, araln. OoUea, Foreign Es-
ctien9v
ALL. MARKETABLE UeURmE
Members Chicago Board of Trad.
' : . Correspondent . F. Hattoa as Co.
Nw York tock Cxclianea New Yeefe Cotton
Exchange Hsw Orleans Cotton Exchange.
LIBERTY AND VICTORY BONOS.
Headquarters for staying si
lacaM. La re or Small lota.
Railway Exchange Bldg.
Main 2$S.
Stocks, Boada, Cettoa, Grata, Etc.
$16 $17 . Board of Trade BaUalae-
Oyerbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Hembers CaJearo Beard of Trade
. Correspondents of Lora Bryaa, ;
Ckicare Sew Tork
PIN
MARKET S
Note Circulation :
Befeced in Week;
Cash Totals Gain
Further reduction by 44,200,000 in
federal reserve note circulation, accom
panied by a gain of S 10,300,000 in gold
and of $12,700,000 in total cash reserves,
as against an increase of $33,000,000 in
deposit liabilities, is indicated by the
federal reserve board's consolidated
weekly bank statement Issued as at close
of business on January 21, 1921.
During the week the government al
lotted over $310,000,000 of treasury loan
certificates. The. effect of this operation
Is seen in an Increase 'of $33,500,000 in
the reserve bank holdings of discounted
paper, largely paper secured by United
States obligations. On the ot,her hand,
holdings of purchased bills show the
unusually large decrease of $3,500,060,
while those of treasury certificates, fol
lowing the redemption of the special cer
tificates held by four reserve banks,
show a falling off of about $25,000,o00.
Total earning assets, in consequence of
the changesjust noted, show a decrease
of $27,000,000 and on January 21 stood
at $2,941,500,000.
Government deposits are shown $23,600,
000 larger and reserve deposits $,900,000
larger than on the previous Friday, while
other deposits, composed largely of cash
iers' checks and non-member banks'
clearing accounts, show a reduction for
the week of $2,300,000. " The "float" car
ried by the reserve banks and treated as
a deduction from Immediately available
deposits is shown $2,800,000 less than the
week before. -(
Federal reserve note circulation nhowa
a further reduction , for the week of
$44,200,000, as compared with a reduction
of $110,500,000 for the previous week and
a reduction of $5,700,000 for the corre
sponding .week of last year.
As a result mainly of increases in cap
italization of member banks in the Chi
cago and St. Louis dfstrtcts, the paid-in
capital of the reserve ; banks shows an
increase of $147,000 for the week under
review. ' -
$115,000 Paid fori -Seat
on Exchange
While stock sales on the New "York
stock exchange in 1920 were consider
ably below the total transactions during
the previous year, the price of stock
exchange seats, it is stated, reached a
new high record. They sold as high as
$115,000, $5000 above the previous high
record made - in 1919. Statistics show
that stock sales in 1920 were 232,646,600
shares, an amount 87,000.000 less than
the shares dealt with in 1919, which was
the record year to date.
' New York Bank Statement
New York. Jan. 29. (I. N. S.) Bank atate-
ment :
Average Loans, decreased, $34,807,000; de
mand deposits, decreased r $71,275,000; time
deposits, decreased, $10,087,000; reserve, de
creased. $2,745,600. ' i J
Actual -Loans, decreased, $62,840,000; de
mand deposits, decreased. $80,116,000; time de
posits, decreased, $12,429,000; reserve, de
creased. $3,552,490.
MBM:
RTfi r WASHlNgTOH
CcnscTVsAWo
.attBsK mw a arVk. a?
As a' member of the
Federal Reserve sys
tem, . the Hibernia
Bank offers you the
maximum in safety,
together with . the
convenience of the
smaller bank. -
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Travelers' Checks
WE would direct the attention of Travelers and Tourists to our
facilities for equipping1 them with our Travelers' Cheques
which are payable at all our branches, and correspondents
throughout the world. We can provide these cheques payable
as Canadian. New York or London, England, exchange, in denom
inations of 110, 20, 50 and 100. ,
THE CANADIAN BANK OF COMMERCE
Portland Branch Fourth and Stark St.
WASC0T0V0TE0N
BIG BOND ISSUE
. The Dalles. Jan. 29. In the hop
that jthe state highway commission
will oonr begin construction on The"
Dalles - California highway through
Wasco county, the county court met
here Friday with a group of business
men p,nd farmers and tentatively de
cider to call a special election for
the purpose of voting J800.000 in
road bonds. ,v ,
Thej amount is to be raised contingent
that the amount will be matched, dollar
for dpllar, by the' highway commission.
County Judge J. T. Adkisson returned
Thursday from Salem, where, he held a
consultation with members of the com
mission, and the meeting was called to
consider points developed at that meet
ing, j '.
According to the plan, the bond issue
may be spent in blocks of -850,000. each
block! being matched with state funds. -
Before anything final is done, it was
decided to get a definite statement from
the highway commission as to its policy
in the matter. j
There is a contest on between Sherman
and Wasco counties for the-northern end
of the highway. Sherman has voted
$238,000 for road construction, and this
money is available-tor the highway com
mission now. However, the route through
Wasco has always been considered more
feasible by the commissioners, it is said,
because it is shorter and offers Central
Oregon motorists more-.j-eady access to
Portland than if the route went to the
eastward, through Sherman county.
meeting the highway at Biggs.
Two 'Strong Arm' .
Suspects Caught:
By Oregon Tourist
San Francisco, Jan, 29. Two "strong;
arm" suspects, who are believed to have
tobbed Lewis W. Green of Chiloquin,'
Or., of his bank book, $110 and watch.
were. captured today, following a sensa
tional chase through i the downtown
streets.
Green led the chase, assisted by citi
zens and police. The 'victim's bank book
and wallet, containing the mtiney, were
found In-the possession of Harry Soto,
who said he is an ironworker. The watch,
which had been thrown away, was found
later. -
The other suspect, who gave the name
of Seraflno Cerez, was arrested wtu a,
Kearny street hotel.
A
Municipal
Bond
Maturing, 1921 to 1930
to Yield
NO INCOME TAX
TO PAY
call, rnoxron WHITE
FOll DETAILS
CIark,Kendall& Co.Jnc.
Fifth and Stark 8t Portland, Or.
cH
a77 ' reSn