We report on efficient generation of continuous-wave squeezed light and second harmonics with a periodically poled MgO:LiNbO(3) (PPMgLN) crystal which enables us to utilize the large nonlinear optical coefficient d(33). We achieved the squeezing level of -7.60+/-0.15 dB at 860 nm by utilizing a subthreshold optical parametric oscillator with a PPMgLN crystal. We also generated 400 mW of second harmonics at 430 nm from 570 mW of fundamental waves with 70% of conversion efficiency by using a PPMgLN crystal inside an external cavity.