1 Page Four
LA- GRANDE EVENING OBSERVER
Thursday, February 7, 1929.
HI
i
f 1!
(Inoortwrated)
An Independent Nwypm1
PRANK B. APPLEBY
, Editor and Publtahw
HARVEY P. MATTHEWS - Burin MnT
Published evenings, except Sunday, at 141 Admins Avenue.
La Grande, Oregon. The Observer-Star published every Friday.
Entered at the Pontoffice at La Grande, Oregon, a Second
Class Mall Matter under' act ot March 8. 1879,
rfrVlCLVL PAPER OF UNION COUNTT AND THH '
CITY OF LA ORANDB
T ' 1
MEMBER ASSOCIATED PRESS
The Aaeoolated Preaa le exclusively entitled to uae for publloa
lun of all newe dispatches credited to It or not otherwise credited
f published herein. All rights ot republication ot special dla
patohee In thle paper, and also the local news herein also are
.-eHerved. -
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.Jinpitt foreign, per column Inch
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410
.400
PRICES TUMBLE
IN WALL STREET
federal Reserve. Board's
Announcement Helps to
Kick Out Stock Props
MARKET NEWS OF THE DAY
U'lHt
Mar. ...
May ...
July ...
. - CUlCAfiO GRAIN
Oprn . High Low ' Clow
...lKI.SI I.M ..1.33 1.33. -
...1.37 l., ' J.TH. LitflM l.S1t.21
....I.SJ4I.2 . . l.!45 I.SHX l.i!8l.2
NEW YOHK, Fell. 7 (AP) The
Federal Keserve Board's pro
nouncement thut speculative credit
must be restrained and the rise of wotftern red J.lfl'A
1 per oenl In the Hunk or Knglanu oats: No. 2-3 lb. white 38.DO
discount rute' kicked the props' Today1, car receluta: Whe.1 2S
IM)ltTI.AM ttllKAT
PORTLAND, Ore., Feb. 7 (AP)
Wheat: Dig Bend biuestcm, hard
whlto 1.6214: Boft white
western white 1.1S14: hard winter
I.1514; northern spring 1.1014
it
We can always find moans of consolation. Zero weather
in February is "unusual" but the middle west is still gripped
by one of the worst winters in years and the official read
ing up at Meacham last night was only 39 below " :
from under the stock market today
and prices tumbled 2 to 17 point
In the greatest wave of wiling
since the December break.
Wall Htreet has seldom awaited
a market opening with nioro lu
te rent, not o much to bcc what tho
market would do an It wuh gener
ally concede-d thut a reaction wuh
Inevitable, but to learn the extent
of the decline. The, few flrt pric
es which uppearod on the tape
showed lOHBen of only fraction., to
2 points but then came a block of
20.000 shares of V. 8. Hteel Com
mon at an overnight lovs of 0
points and a break of J 7 points in
Oeneral Klectrlc on the find, tuile.
Other high liidustrtitlH were- then
thrown overboard. Wright Aero
nautical dropping 1(1 points, Cose
Threshing Machine 15, Impont 13.
Westinghouse Klectrlc II and Al
lied Chemicals, Curtffw. If. H. In
dustrial Alcohol und National Chhii
ItfiglHter falling H to Hi points.
Knits yielded with the Industrials,
Canadian Pacific dropping 9 points
and Union Pacific K. i
.Prices hit Iho toboggan again'
late. In the afternoon when selling
orders once morn overrun the
market. Itudlo extended Hh decline
to 26 points mid Johns Munvllle to
US. U. R Hteel got down to 174
flour 8, corn 8,
CHICAGO CASH
CHICAGO, Keb. 7 (AP Wheat.
IMo. 1 hard, 1.28; No. 2 hard,
1.36.
orn. No. A mixed, SZK'JZ; No. 3
yellow, DfiHftK-
Oats, No. 8 white. 6163 Mi
sample grade, 49.
H ye. no sales.
Harley. 6373.
Timothy seed, b.SOCtr 8.'.H),
Clover seed, 22.6t30.60. '
l.ard, 11.76. .
Itlbs, 12.60.
HeJHa, 12.75. . -, , ". -
POItTlJVMJ IiiVfc.StOCK
POKTIAM I'HOIMCi;
POItTI-ANO, Ore, Keb. 7 (AP)
Wholesale prices:
Butter: Kxtras hulf cent higher.
Extras 47c.
Kggs: Lower on u)l gnidi-H. Port
land dairy exchange (net basis):
Kresh standard oxtrus, 3c; fresh
standard firsts 30c; fresh medium
exlrus 29k; fresh .medium firsts
2!lc. - Prices to retailers 1 3c over
exchange prices. '
Milk, poultry, onions, potatoeo,
wool, nuts, hay, enscura bark; hops.
all steady and unchanged.
MERCURY ONE
BELOW ZERO
EARLY TODAY
(Continued from Pag. 1)
Three weeks from next Monthly the United States will
have a new chief executive. And if the economic and business und ioro Mumuetiv und Packard
..t ..f lln .,., t.. l,,.,ir nhn thau gin tullrinn- nluMlf suffered loBBOH Of
ine entire nation is in ior a more general una more perma
nent period of prosperity. V'
points. . Tlu'
mm wouk. Hales npproxl-
muled r., illlli.iioil uluir.
Prices Of Eggs
In Another Drop
In Oregon Today
l'OItTLANO. Oie, l''cb. 7 A1')
.'attle and cJilves: '' titeady,.; no
rwolplji, . with steers (JlOlt to
31)0 lbs.) good $10. OH to III. 26:
do 9-IJ00 I lis.), good 10.764
II. Mi; do (800 and up) medium,;
ior 10.76; do common .6ov 10; i
heifers (860 lbs. down) good ID j
10.60; . do coiiuuon ' 8.00W 10.00.
Cows, good 8. ?5f&9. 60: do common
to medium 7:ooW8.76; do. low out- I'etHo.
tor 6.007.00. C'alvoe: (Wro
bureau I'epbrted today.
Thut the cold wuve would con
tinue with vurylnv Intennlty for the
next 3d hours wiih the prediction.
The wenther bureuu warned the
citrus belt to protect the groves
with smudge pottt tonlKht.
Kur to the north und fur tu the
south, on the 1'aclflc slope, and
ucrouH the broud stretches of Mut).
tunu, Wyoming, Utuh, Nevada, nnd
Idaho, below zero weather prevail
ed. '
Sheridan, AVyo.' experienced 'the
coldest weather, the mercury drop
ping to 32 degrees below. At Bil
lings, Mont., it was 80 below; lit
Idu., 4 below, and 10
111
Ilia." "eiow at points further north
do, cull to common 8.00ll.50. J I he Ivwoxt temperature In
Hulls (yeurlings excluded) good" Washington was 10 below zero at
bmfs 87.60 to f 8.60;- do. cuttor
POltTI.ANI), Ore., Ken. 7 (AlO
IGgg prices took another drop to
day and when the rettult was sur
veyed values were found seullored
all over the murket. Htuiuluril ex-
PROTECTING EASTERN OREGON'S STOCK INDUSTRY
It is only natural thut the people of Union county and
Eastern Oregon should regard the appropriation bill for , the
Stock Show, annual event at Union for twenty years, from
a selfish standpoint. Tho reason, however, is that the peoplo
of. this area know more about the stock show and its tre
mendously valuable influence on the stock industry through
out Eastern Oregon, and because they are convinced that leg
islative aid will be a means of promoting one of the biggest
industries in the state.
Columns of space could be occupied telling of the direct
benefits of the stock show, of specific influences that have
lneiwisfiH Htork raisinc. ruixprl mirnhrerl nnimnlo In a new
high level, nwde possible greater profits and a more' stable ihlh- .Th "" p th0 1,.5 mdiu
luuouiu ill una vab uuniiuiy bu wen tiuupieu w iivcoa ui
to medium ' $H. 76 to $7.60; ,-veol-el'S,
milk-fed, good -to choice,
I3.00ib' M. 60; do medium ll.MU
13.00; do cull to common 8.60(1)
11.6".,. , f ' ' '
Hogs: Ktcndy, receipts 106, t(h
heuvy weight (260. to 360 'lbs.)
medium to choice 18.76 to to. 60;
medium weight (20O-2&O lbs.) me
dium to cholre . 764 10.60; light
weight (IG0-200 lbs.) medium to
choice 10.60f 10.76; light lights.
(130-100 lbs.) "medium to choice
y. tow icon; pacKlug sows,' rougn
tras and (Irsls dropped two cents !. rou.h ,llloolh 7.76au.0o.
Hlaughter pigs (90-130 lbs.) medl
Spokane, while linker City, Ore.,
shivered with 12 helow.
Hcno reported the lowest tem
perature for Nevudu at 4 below
zero. Throughout California the
cold wuvo was keenly felt. It was
12 degrees abnvo zero ut ML Hiim
llton and ut Mt. Wilxun, the mer
cury stood ut 20 above. It was
slightly warmer on the vulley floor,
ModeHto reporting 28 degrees abovo
und Suntu Hosu, Hocklin und Oro
vllle the sume. The mercury hero
stood at 34.8 degrees.
to 30 and medium extras nnd firsts
two cents anil one cent down to 20
lluttor extras revorseu the egg
docllnn with an advuncu of half u
c'ont to 47 cents.
10 lli;UV IX l-KXIMKTON
TKNIlLKTON, Ore., Keb. 7 (A
P.) Mercury dropped to 10 de
grees be'ow zero hore lust night,
forage and store bought feed comes j
I- !
urn to choice 0.00W 10.26. (Sort
or oily hogs nnd rousting pigs cx-hho coldest Kcbruury temperature
jclilded In ilbove iiuotatlons. islnee 1830 when 13 below wus re-
linlfw nu.M ,-a iLlntf .., Hneen una lumos: yuoiauiy swu-icoiueu.
comes -!" .". -....
14.O0W18.O0;' do
12.004?
niurketj -4. u; uo raw weignisj can
stock men. In the last three or four years hundreds of horses j -J ;- Vo nl Vow'n) h.m
1..... ..u . n, nl(.j c..i. t.. iu.ji..i..;i ,ot nuumiuis on nwnu. itruui, sue ,.:..,.. no
I Mill . liluv in iiurehiianil'i mtimelo"-"' oimioo iu.raTn..., -"
In fruits, ' the buuuna
1
i i
1
WINTER COATS
Fur (rimmed; size 15 to 40
Special for Friday and Saturday
$3.98
r NORTON'S KIDDY SHOP
Wheat Nervous And
Lower In Chicago
: CIllCAOO. I'Vb. 7 (Al-) Open,
ing "Hio to 4i lu down, t'hlcugo
whiat sagged a little more, and
then rallied somewhat. Corn start
ed unchanged to c off and ufler
ward declined slightly, but " later
scored .mnterlal gains. Oats were
firmer. .
Provisions held uboul steady.
Whrut cluHed nervo::s at '.it to
He net decline, euro unrhutiged lo
lie off, outs ijic down to n sliudi
iidvanre, und provisions unchanged
to u rise of I lie.
have b&n sold ; to the United Stales-army from this district,
a direct result of the stock show's bringing a $47,000 army
stallion into Eastern' Oregon. The prize dairy . cow of the
valley in butterfat production today was once the calf entry
of a boy who became interested in club work through', the
stock show.. The last year that state aid was given the show
over 700 head of fine stock was on the show grounds at
Union. In every section of this and adjoining counties can
io fminrl ntnelf mon ivh.i will toll vmr that- tdoli. Infai'-oat .. changed on the smaller sixes. The
... .. ' prlco has perhups hit Its bottom
pui'uurexi biuch. mis uueti oiougni auout, or greauy Slimuiaiea mark for these. The luigur slues
by the competition at the stock show during the last ' twenty ure not " ii-""""i r holding
Without a state appropriation to provide attractive pre
miums, the stock show cannot continue. The last two years,
when no state money was available, the chow was staged
with the aid of a surplus previously accumulated from out
sido sources. No surplus remains and the fate of the show
is in the hands of the legislature and the governor.
There is no slock show h tho state of Oregon outside of
ilie Pacific International except the Eastern Oregon show
at Union. And although the Pacific Intemationol.' is the
biggest) thing of its kind in the west, its very bigness
which attracts Ileitis from the entire country makes it of
little value to the average stock grower in Oregon and makes
it futile for him to attempt competition. The show at Union
is a stockman's show, with direct benefit and encouragement
for the men who ship hundreds of carloads of sheep, cattle,
hogs and horses into the Portland market and back cast.
Aside from this important benefit to the men engaged
in stock raising in Eastern Oregon, tho legislative appropria
tion could bo justified alone by the lmys' and girls' club work
made possible by the show at Union each June. No one ques
tions the vital importance of club work in promoting the citi
zenship and prosperity of our agricultural districts in the
future and the Eastern Oregon slock show is the only event
for boys' and girls' club competition in tho counties of this
section. . According to sUite ito.uiremciits, here they must
enter and compete and eliminate before they can enter com
petition nt the state fair or Pacific International where final
credits are given. Without the show at Union tho benefits
of boys and jtirU' club work in Eastern Oregon would be in
jeopardy.
The Eastern Oregon show deserves the $.-)00() appropiia-J
tion called for in Mr. Weatherspoon's bill. If it is refused,!
the livestock industry of Oregon will suffer a serious injury. i
,,,-, liu,.,l ',!
rm. ,!,,.,, n rnii, iinimiiu fnn n IliH. fiownj meuiuni 10 cnciue n.ou
uuurter; depending upon the ripe- l ewes (1J0-I60 lbs.) medi-
ness and supply. I' ""' :W'.U0: ewes (all
California sweet potatoes were weights) cull to common 8.00W
ubout- oltwned up. The southern ( 4.60. . ...;,''(-..,
yum s selling at 3 hi lo 3V4o whole-1 ' -
le. .
ItruNscU, sprouts and artichokes
are flrhier. 1
The orange murket remains un-
Here and There
In Legislature
virvK N.ri:u wink
I.OH ANUK1.KH, VnU I'Vli. 7
(Al) Pott Khium. yoiint? (.leniliilo
('ill,, wivHihT, dWVutcM lirk I'iivIm
onurt of KunmiM, hnro tnt nlKltt.
Davlttruurt won tu (Ivnt rail with
u hoHillot k al(i ono luiur ami 30
iiilnutfH, SatiiT took tho Het'otul In
22 111 I II 111 iM U'lt ll II lll'llll Inrk Mllll
tho muti li a (ew mtmiics later ofrUo ni" Increased 800. per cent.
' KAI.KM, Ore., l'eb. 7 (AP)
Open warfare between, the build
ing and loan associations and tho
bunkers of the state was staged at
a public hearing on H. S. No. 43
at a meeting of .'banking commit
tees of the two houses Wednesday
evening. ' ''' ' v
Operation of a demand deposit
business by building und loan asso
ciations, considered by banks a
prerogative of banks only under
the present code, while such nsso.
etutlonn urc not under tho Juiisdioj
tion of tho suite department formi
ed the basts of the objections of. the
banking fraternity. !
Salaries ot the II) lee IndUHlrlul
accident commissioners are raised
from $3600 a your to (4800 under
Hionough's H. B. 246 which was
pu.Hsed by the houso Wednesday af
ternoon. '
The salary scale of $3600 was
adopted In 1 1 3. Hroiuiugh of
Multnomah, told Ihe house and In
tho 16 years elupstng no Increase
hus been grunted the coumiia.Hlon-
ers although Ihe business of t lit
POIlTliAM) (1111,1, V
J'OKTLANI). Ore.. Web, 7 ( Al')
Portland snuggled under Its col
lective blunkets tills.. morning ' as
mercury -in the 'goveriunenb ther
mometer stumbled over rising tem
peratures yesterday and fell to 16
degrees above.
CIIICAtiO LIVESTOCK
fHlt-'AGO, Keb. 7 (AP) (IT. S.
Dept. or Agric.) Hogs: 62,000; ac
tive, mostly lofli 3Uc higher; .top
10.00 paid for a number of loads
scullng 160-340 lbs. Butchers, me-
COLONIAL
DRAPERY DAMASKS
Beauty with Economy
if;. ' -i '".'''.: "' - " t .-' '. ":-'
for Hangings and Coverings m the Modern Horns
EFFECTS of marked dignity and charm arc easily achieved with
these elegant and long wearing damasks. Handsome, vivid
striped designs and faint self-toned patterns, subtly beautiful, arc
now being shown in our drapery department for over-curtainsT
wall hangings, bedspreads, and many other decorative uses.
'.' ..'.,...':;. ' ; '.'. .-.' . , ''. .-. .;', i--;
H All moderately priced - : i'
"La Grande's Leading Store for Over 30 Years" ,
whrn ho threw tho Kannau ot of
Tho huliiHtrlal accident coiiiihIh-
tho rlnir and iho lallor fall.-d to ton l st-lf aupportlnf: and lnoroaiio
am ptim uy mo coniniiKHon iuhuh
oxiilalned HronuURh. ,
Rot back within tho 2" nocond limit.
Ovor nix thousitnd tuiw tho match,
TIN
Tho balc actonce bill, which wan
fattKht ho nurd by tho druffh'sn
ht it tors at tho 1927 sosalon thai It
fitlh'd to Kot by the loKlxlatoto,
mudo lta uppcaranco ujraln Wod
muiday, huvhiK boon IntradticcU by
Sonator Jonos. It require practlp
Honors of inodlctno, surirory, osteo
pathy, chiropractic and naturo
pathy to jwm an oxnnilnatlon In
anatomy, phsioloir'. chemistry.
imtholORy ami hyRlcne bo to to tho
can obtain a llcenwy In Orv iron, Al)
avoraKo grade of 75 and u grailr of
not leas than 70 lit a given subject
aro required.
Tho labor commissioner' hill In
eroaslnir the jurisdiction of ht of
fice In ocurhi(r relief for worklmr
men, Introduced to the hotute by
Andormm, representative from
Muttnomah under the title or It. It.
17 4, mnn In for vigorous tpp'"l
lion .by A. t Spencer, mtornt-y
lor the In ion racillc, at a public
hea rin jr iN'foro the houtto commlt
tH on labor and industry Wcdnea
day even in (t.
"Nothinc so draHtlc In labor leuls
lallon aa thia bill," mild Spvncvr,
"haa Ihhii attempted In any atat
and although my comtany would
tot bo affected. 1 frur thn iuiwir
Mb' Tharii uiu bold up an I which auch lepcialatlon would place
rob! Nil, ai iiIkIii, btlo nwlw In th hands of tnn labor commlMi
In' liU mI1c ibic. Wlmt ihN tbo alonor." H would i five th eoio
ttotcbt an' eafos tUt with all llto inhwionor tho riRht to take criminal
aas an oarrnis hiImh! tliat mrv action- In tHtle'tlnir uu oiifniiK'nt
K-n tu.tt,K-hoU? vt luUwr cUUuu. , , , . . . . -
(lluin to choice 3fi0-30(l lliil U.G0 rfjl 750-afiO lbs. J2.25ifl 1G.26. Voulors,
(lullk-red) good and cliolcv U.itlfM
15.5(1.
il.UO; 2011-2511 His. 'J.fillli; 1(1.0"; 100
to 2IMI lljs. 9.CUM 10.00.
Talk Of The
Town
SALE
Keal Values for
' You
14-in. Moor Pnisli X9c
(Strictly high grade)
Standard size Oil treated
Polishing Mop 49c
Both for $1.98
W.K. Gilbert Co.
'('Ilftlf! MefW'intu 7 Ollll flv.w
3.000 alow. siDiidv tiiMi,, mi i.mKt ! "'"-ep: nccoipts 12.000: opi-n-
killliiB clussw: undfrtnno undo-,""1 ,sUa,ly lo -r,u '''Kher mostly to
pcndablc; ino.st Mctora li..urlh: u,,,'''--': choice lambs 17.00S! 17.-im-aKor
rtHPlpts only drop undcri3: EOOl 'Choic 16.506 10.S5;
the murket: tullilnB 6(n r., Jl lower sh,'t'p fdlnu lambs steady,
on light veulors. best slcem uroundj l.iiliiba, good and choice 92 ilia.
14.25. Hlauchter classes, steorj, down 10. 15 1i 17.40; medium 14. S5
Rood and choice 1:100-1500 Hut, m 16.15; owes, medium to choice
I2.6IKM 15.00; I10(l-l;so0 lbs. 12.501150 lbs. down 7.7& 9.S5; feeder
i 15.0(1; (150-1 Hill lbs. 12.5ll5r 1 5.- lambs, Kood and choice H.Mdj'
25: fwl yearlliiKH, Rood and choice I 1 5.85.
ntTTIOKl''AT
SAN l'-ltAN(,'lSCO, Feb. 7 (.VI')
-Huttcrfal f. o. b. San Francisco,
5414c. .' -. ' .
MEURALGIA
or headache rub the forehenct
melt nnd inhale the vapors
Vapo RUb
Owr 17 Million Jar Ud Yrty
Could You
Get Extra
Cash In An
Emergency?
Ca (Sran&p National
Vault
"FortyKlrat Tear of Krlmdly
i 8ev ic
' 'ii
You can afford this new and
modern washer. It will do all your
washing cheaper than any other
way and do it better too. There is
A CLEAR SAVING OF FROM
$40.00 to $60.00 ON THE PRICE
OF THIS WASHER. Has every
quality feature of higher priced ma
chines. Pure Copper Tub latest
all-metal and rust-proof Wringer
Westinghouse Motor full capacity
exclusive and efficient washing
action with flexible turbinator.
MODEL
W.ILBohnenkamp Co P((J
$92.50
You are invited to sec this One Minute the latest development in
moderate priced Washers a value never before equaled in washing machine
history. A glance inside the big copper tub an inspection of the entire
machine shows clearly that the One Minute "60" offers performance, capacity,
nd appearance, comparable only to the highest priced machines.