La Grande evening observer. (La Grande, Or.) 1904-1959, January 26, 1925, CITY EDITION, Image 6

La Grande evening observer., January 26, 1925, CITY EDITION, Image 6

Image provided by: University of Oregon Libraries; Eugene, OR

About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Jan. 26, 1925)

Prev Page of 8 Next Prev Issue Next Text PDF JP2 (2.7 MB) Clip/Print Image

Return to Top

Prev Page of 8 Next Prev Issue Next

Newspaper Page TextIf OUTLOOK FOR COPPER GOOD ' BABSON PARK. Maw. (Spftclal) Higher prices have been fore cast for copper for over two years and while there has been Home strengthening in quotations the n creiiMft has been sIlKht. The cop per industry has seemed to lag be hind the. other industries. Jtnth prudticers and Investors became rilscouruKed. Recently, however, there has been n real strengthen ing In the price of the metul which Is now selling around 16 cents a pound.' In commenting on this to day Roger V liiihMon, ilie statis- . 1 1rian, mudo the follow. ny Hinte- - jiient: ' "i is true that copper has suf fered a long period of depression. The dnllncHH has been due to many renson; first, lo the (remondnus surplus thut wiih produced during ' the wur. Unlike munv articles of food iittd olhi'i Hfiiil-perisliiibh goods, this copper was not de stroyed but was available nt Hie end of the war for commercial tises. It has taken about six yenrs to use up tills surplus war prod lie Jlon. The Kecond reason for the continued low price h'is been Hie opening of great low grade mines In South America, Amen, and nth er foreign countries. We havn Mi- ways known thut copper existed In pacts of Africa, and only Hie high price and Uceu ilrnuinil caus iii by a great war waH niedd lo Blve Investors courage enough lo develop these distant propcril's. Vnfortunuly for the rest of the ropper- inuuHiry, however, incur Hew ' developments became mil producers only after Hie war was over.. Adding war surplus to new cheap production, it is quite r piorlcnhlc that copper prices did not go much lower limn ihey did. "Today the situation is much Im proved. The surplus supplies have hern used up. The market lias become adjusted to these new low grade producers In Routh America and Africa, while the demand has been conttnuully increasing. Gen eral business as reflected by the Rahsonchnrt Is running at 0 per (tent nhove normal. Topper Is in a helter position today than It lias been for several ypunt. This Jh evidenced not only by the ftrenglhenlng in the price of the metal and Hie increased employ ment In the Industry, but by the fart Hint investors are again be coming keenly Interested in cop per securities. The recent declara tion of dividends by leading pro ' ducera has naturully Increased Uils Interest, l'uhllo Villi! les and Railroad N coils. "Tho copper Industry Is inaep nrahly bound' up with the public Utilities and railroads. It Is In conceivable Hint the public utilities can continue, to prosper . without the copper Industry prospering Willi them. The public ulillttes. especially the power and light, companies, urn In better condition today than ever before tn their plslory. .They not only nre popu-Hr-with-Investors but are entitled to this . prosperity being on the evo of most brilliant nd spectacu lar developments. It is very easy for light and power companies to secure money for new develop' meats and Improvements. A por tion of this now money is always spent for copper. Tho railroads nhw( have como back In public favor. Thin year should spo more railroad securities sold than has nny previous year for nenrly o decade. As soon nn railroads enn nfford to do no. they nre hound 1o spend a certain amount of i money on electrification. AM this should benefit the copper industry. In nddltlon tn Hiese two great fnc tors the general deinund for cop per In connection with building find for other Induslrlnl purposes In constantly Increasing. The low prtrn for copper during the prist few years 1ms been of Itself a fne lor In developing the.ie new lines for the- meinl. Thcrctaro, thtre is lh sound lhnxifl ir the Improved girfiintlon. . C hanging Condi, (mm In Industry "All this doi.q not mean that the copper Industry Is going to boom ligain us it hitM In (hues pn.'d, Ow Ing to the fuel tlial It has been difficult suddenly to materially TuEure in One Take tip i Laxative mm Quinine Tlie tonic and kxnt.ivo effect of laxative 13KOMO QUININE Tablets will for tify the system nRainat Grip, Influenza and other serious ills reaulting from a Cold. The box bears tliii lignature Price 30c. 1 s increase or decrease the produc tion of copper Dte price has- been very erratic, When th demand has fallen or there has been a surplus the prlco has fallen to a point below production cost; and whr. business boomed there has been a shortage of the metal and prices sogred. This caused cor respondingly broad movements In copper securities and fortunes were made or lout In them. Of course it is possible that these old conditions may return but it Is very probable that they will not. The. low cost producers In Houth America, Africa, and elsewhere have completely changed the In dustry. In place of a speculative Industry it hus now become stable industry. It Is not attractive for the speculator but -it Is far more attractive for the Investor. Copper, both In Its uses and Its production. Is ftiHt becoming a staple, producers may make only a small profit, but .they should be reasonably sure of thin profit year In and year out. Thin should tuk 'copper out of the gambling class and the securities .should tm con .sldcrcd with the l eel securities or other copper securities represent ing basic industries, - - "Olio thing more should be re. membered; Investors In copper stocks during the past generation have been best acquainted with the Iiilto properties. Many of these properllew have fared lui.lly in compel lllnn with Hie to wer low eoiil producers. TImno holders of copper stocks have s.icn their cap ital gradually fad" away. Am a re sult thev nre Vjck.nf copper, on the principal Ih-.i the buriti child Will (mid iM. jn. n,ey will buy no more copper ftloiks, even the slocks of these ip-w wonderful low co.sl mines. This means that a new group or Investors in copper must he born and reared. This Is going on but It will uol be many years before n new group of cop per i:h:iie holder m- readv to back !!. Industry Wit.e are those Investor.'!, however, who purchase securities before that lime comes. Tho way to make money in Hie stock market js 0 my .securii .s whm no one eh'e wants them mid! then to He)i when they become j popular." U. S. Health Experts Labor for Filipinos MANILA f API Win. it. .,.,.. anon or rlnnni-lul miptmrt of lln work Jlcro for iinrillii-r v.nit. .id ahon-n hy n llhi nil irnvlKlon In llu iippropriuiion bill for l!i2f. the llocki'fi'llnr l-'oiimliilinn .-nt itimi. Kurnto n new program for public iiviiiin iniprovi'iiii nl In I ho I'lill Ipnlno IhIiiihIr Itlir Of I llCS CKlllhll'illlllfllt of nnivln. ciui nanuiiry ili'inonstnillons. At 11 a own uxpcnw- tlin founiln- lion Will unili'l'liilm Iho mioriilloii of a provincial Hiuillary service pri marily io (icmonstrule Iniprovcil fiicllllli'R rinployi'd In rurnl mini. niry work, nml iilno lo Irnlu .' . Pino tcclinicnl itKHlHtant wTio nmy llikn over the work iillcr It linn hocn oi'Knly.ciJ. Vor more than two yeni-8 the founilallon Iiiih conilueteil an mil 1 -mularliL ' fri'iiiiiji Itrtl" 'ln-'-wi.t-.-.i-Jlf V..-A'j vlnci'8 111 co-uierallon ' with Ilie I'lllllpplne health nervlce. Tho fiiuiiflatlon iiIho Httirteil n HllCCeHHflll iiiili.liodlti.-nriii ntim. palh-n neveral ninnlhs into, ami this mis now oeen Klven over lo tin Philippine health Bervlce. Culinii Doctoi-H rmlnrsfl lM-ogi-csslvi) I,cbWiiI Inn HAVANA (Al-) l.OKlntntlon de. slmieil to Improve workliiK uml llv Init comllllons of women nml clill 'Iren In iniliislry, ami of men lahor Inir In the cane richix ami Un,-.,,. mills, was reenmini-nileili In a si-r- lis of uX riHOlilllons mlopleil by the I'ubiin Natlomil Meillcal coiii:ri'H.s which iih just closeil IIh slxtli an- nuai session liere. The conrriss especially wouhl hnVe hours of worklmr women an, I cMI,lr..n r Inleil, an, I favors n law reipiirlni; woi'iiniR nomen to cease work lor four weeks lii'iore anil after chu, lilrth. The cniiKrens rilso went on rec onl n.i favoiliiK an effecllve law aitalnsl. Impnrliillon of liarentles, lor slriclir leKlHlalliin ai;alnl eur rylim lire nrms. Tor slamlariliilnK llleillcal (IrilKS anil for liruleellnn ,.i Ilie meat ami milk Hiipplbs of tho public, and ninny oilier measures to Improve IIvIiik enmlliions. Tardiness -Paid r 4 1 ChU-r o( rohi-e liin O ltrlcn of Kjin FranclHco and his cnptalna have ilit coveiKi it Rnniftimrn piiy to lo Lite. Thry wer nchtduletl to mcvt In the chuf oHic Ht to a. m. Hut nony got thr until M:20. t 10:07 a bomb Mplotlcil In a t)ti)hnno IxmuIi. just 20 hft away from O'lhien a otnc in the Hall of Jmtlc. A iwof.t holt waa Mown In a tom wall ami th chiefs nwmn and corridor wvr lit ft 19 Give Him Time! 1 HAY SCARCE f. - AT PROMISE l HW I outom The cool frTi5i HA SA-A-A SAiP a-- Latin American Pianists Please Berlin Audiences nrcrtMN (AD I-ntln Amcrlcn la well represented atnoiiK tl" for nlKn urliHls who huvn Joined the Merlin muHlcul colony and arc giv ing concerls In tho German cupltul 1 hts wlutttr. ,MiBs Angelica Morulcs, n Mexican girl of lit, made her pro feHulontil dehnt hero recently lis a plunist find uttructed fu voruhlo at tention. Khc has utudted music In CJorniiiny for several yours and hos loiitf been looked upon us a child wonder. IUIhs Rosltn Honurd, the charm ing young Chilean planlat, v)io hus boon heurd In Hcrlln fre(uently. will also gtvo a recltnl within u few weeks and expects to go to the nnlted Btntes next spring for o concert tour. After her North American tour she will make a tour through Houth America before re turning to Kurope. t Cluihllo Arrau, Iho f'hilenn piun Ist.'Avlio' Is' n'ow on' a concert (our In Ho mil America, Is axpecteil hack In Herllu Hhnrtly to Join his mo ther, who ma lies her home here permanently. Mr. Arrau first ho cutno known to the German public before Iho war, when ho wns ono of the most celebrated hoy pian ists. Milk of Cocoanulfl Declared Kxceilcnt for Voting Itablcs ITONOI.ri.IT (AP) Investigation of tho properties of tho pulp of young coconuts has developed that ihey contain all Din constituents of human mothers milk, and perhaps may bo used tn the tropics to take Iho place of mothers' milk, ncrord lug to statements made before the Pnn-Pnciflc Hclenco Counsel here by Dr. N. P. I .a men, of the Queen's hospital, Honolulu. It dn'olopcd during tho meeting! that several Iluwallnna present bod beon weaned on coconut pulp, but it Is believed that tho announce ment by Jr. I .main is the first to lie made of tint actual chemical properties of the pulp and milk of cocinuiH. It wns pointed out that the milk of the, waterbuffalo, being five limes as rich as cow's milk, might be added to dehydrated. pulp of young coconuts uml serve In place of mot hem' milk In fording chit dren. when necessary. Peep Inter est has been taken in the possi bility of this dehydration, and sev eral mainland scientists havo boon asked to Aperiiiionl further and report to the !'nn-Pacfic ItcHearch Institute hero. A regular overum la Ao pcmlnhlo merohamllwr. Minerva Says - SPl'INQ WALKING SHOES whether strapped or lnco or step-In styles, the Hprtng Walking 8 hoe remember that pmnrtneiw; as well us com fort, is expected from It. Walking Shoes shown hero consider both thw tailored suit and the semt-tallnreil ciiscmbled. THE BOOTERY Whoro Sijlr. Price anil Uualllj Arc l:qniU. c.At li.wnrx, igr. Listening In Mure Attrni'tlvn '4' I mn Lessons to llritlsli Hoys nnAPKORb, Knglnnd (AP) IlroadcaHllng is causing a large number of schoolboys to scamp their home lessons, is tho com plaint of the head master of the J3 JZd' tVEhY BITE'S A DELIGHT You Know It's Good Because It', Made Ely SWHET'S . SALT LAKE . 1'ht Hume of Rrul Qood Candy Brain Fagged? Try c w& t. ii v ADJUSTERS CAFE, simple, effective- iho efficient laxative. No hjliit forming drugs, fine fur the man who sits in an office all day. Suitable fur his children. Sun-Tuc Adjusters are a val uable adjunct to have permanently in the family medicine cab inet. AiUL'STKlu carry tlie iwitii.i ally km wn reputa tion for purity. Cu t a box today. ,. The L. & L Drug Co. grammar school. He hus sent out a circular letter to parents railing their attention to the serious ef fect listening In is having on the work of t he boys and expressing the hope that parents will strictly regulate the conditions under which w ireh ss is used. here's no doubt about itJheWEST does know good candy If you want to know how good Sweet's Rodeo Bar really is, just try it on some friend from the East. Watch his eyes light up when he tastes it! Note his : surprise at finding such a candy bar in the West! Do you keep a supply of this walnut-filled, milk chocolate-coated caramel cream candy on hand for everyday enjoyment? It's 10 cents the bar wherever good candy ig sold. Skin Sallow? r i PROMISE (Special) Hay l trotting scarce here and It is hoped the enow will soon begin to thaw Truman I'oulson went to Wal lowa the first of the week after a load of hay ror I. 8. Jlclionulii. Will Heed and fumflL' hnvA moved hack tn tholt nlo.a at it(f- erelde district. John nonri lm at linm. an.l la nreoarinr In hDvn unmn' . Mowurd end llohert Carper took a load of wiod to Jlaiville Sat urday and hroiiRlit hack a loud of huy for V. A. Parpi.r. W. I. Uannar went to Wallowa Friday am) returned home the first Ul III" with. Arthur Courtney passed throwrh I'ronilso recently. lie has linen culling logs for the Ilowmiin-l licks conipiiuy and Is golnu lo Troy. Then, earner accompunled him. II is IhawlnB hern, . llimllngs rod. . The evangelists closed their meetlnRs here Bunday evening and left Monday, Mr. Hally going to Wallowa and Arr. Hartland stop nlngnt Miixvllle fop a few days. Theodore fnrper . ritiirned to nnoiiiise a few days ngo afcr vis. (tliig nt Wallowa and ' Knlerprlse for n week. . Dm Nlllilll son nr.Pnn'pl TI,!.. I H'iAyIng wilh Mr." juid Mrs.. )toyd ll HT. ...... 'Mrs. I'lijllips Is old n lo be out ognln niter a etiort Illness, vwr. I'oiier. IsMiiilte III with la grippe lit. his lionli- on- " rlvi-r. From our few. months ex perience in La Grande we find the good people of Eastern Oregon want honest weight for their money. With our low profit plans we are able lo give such services. The ; Claude C. Pratt V Lumber Co, ',' 1 . "The Poor Man's Frlead" Oppo. Foundry, 'HONE 348 N, No Suiidsy Busiaees) The Ca of thf V.VJ WHITE tents suddenly everywhere with flour, potatoes, eggs. Merchants under gay awnings displaying ging hams and black satines. Squealing pigs with their feet tied pushed into carts. Women in Sunday best, balancing loaves pf bread on their heads or tugging napkin'd baskets. Men and maids bargaining for bracelets. Vendors Shouting, ribbons streaming . . . Market day in peasant countries gala day!' The little gay city of tents has become fixed shops for yon. Clean shops with enough varieties inside to conru.se a peasant mind. Yet you know the brands. You know which .vou want, how much they nre worth, before you enter to buy. You shop in minutes instead of hums, and get fair exchange. - Advertise-. ments have made you wise. " Any day with you is market day. Any day, the market bas ket travels to be filled with selective care. Let advertisements keep on helping you choose. Their facts nre facts. Head them. Kg 1 No man will is 1 I I I Alfred, i'has. and Boyd Carper und Ivan Uorbett went todils home the first of the week and prepared hint some wood. , :iiu.k si:fk akvknti fK. - ., ! I MAHHHKIHI.I). 'Ore. Adventur ing lost its. glamour for lola Rog ers and Aguthu .Scott when Chief of Police Carter put thein In jad pending arrival or relatives, rrom Philomath. The girls said they fled from home becuuse they were denied all privileges of amuse ment. : They were given a rido down Gifts For Every Occasion Always New At Richardson's Art & Gift Shop La Grande's '"House of Art, Pictures, Frames, China and Glassware, Servicing Batteries We Specialize in Battery Recharging, Repalrlni and prolonging the vnlm your battery was Intended to give regardless ol the I lie or make. Our prices and service must satisfy. r 8-UOCB RFCHARCB RICKVIOC KXmil Dlstrlfiatat . FRED T, UAIN m Have You Ever Made Your Toast With . Golden Crust If not, try it for breakfast in the morning. Gwilliams' Electric Bakery Market Basket spend money to advertise unless his product right -read the advertisements. - the Wlllami'ile and to Coos Bay. After reaching here tVy proceed- cd to enjoy tlieinselveifi VTho girls 'are 16 and l, accordlng.xlo thclry I claims. 'They hud a smil 'nnioutii of money, , , ' , ELECTRIC Curling Irons$2.0Q op Flat Irons ..J4.00 up Percolators Jl-M P Toastew $6.50 up Waffle Irons....$10.00 up grills $9.85 up Hot Plates $4.65 up Boudoir Lamp3. ?2.0(l up Flash Iiizhts .50c"up Electric Ranges..$10.00 Electric Engines -$12.00 La Grande Electric Co. ' BURGESS tiog Jeffenoa Are. 1 1 1 1 WW