La Grande evening observer. (La Grande, Or.) 1904-1959, March 07, 1932, Page 8, Image 8

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    Mnndav. March 7, 1932
'.' Page Eight
ft ' -
wrar riPAMnw T?T7T?xrTxm niiOMTnro o OTaWTrt? hdt? rn ' "7
Grain Markets
; Dull Last Week;
t Demand Is Slow
" WASHINGTON, Mar. 7 (Special)
Grain, market had a slightly easier
undertone during the week ending
Mar. 4, largely as a result of a con
tinued slow demand, according to
: the weekly grain market review of
the U. S. bureau of agricultural eco
nomics. Relatively heavy stocks vt
domestic wheat, together with gonj
erally favorable prospects for the new
winter wheat crop and a less active
export Inquiry for North American
grain, were the principal weakening
Influences In the wheat market and
prices were slightly lower. Bye had
some Independent strength, largely
because of light domestic supplies
and an Increased export inquiry for
North American rye. Corn and oats
continued to move slowly Into trade
channels and the light receipts were
easily sufficient fort current market
needs. Barley was in better demand
and was firmer . than other feed
grains. Flax was slightly lower de
spite the very small marketings, vrth
crusher demand dull.
! '?. Foreign wheat held generally steady
during the week. Continental buying
Was more active, reflecting the re
laxation of French and Italian mill
ing quotas for foreign wheat. Ger
many was reported to have purchased
additional quantities of wheat In an
ticipation of new milling regulations.
. Italy was taking Increased amtiunts
of southern hemisphere wheat and
purchased Russian wheat, yhl
Greece purchased Russian wheat from
store in England and made Inquiry
fpr United States grain. Appreciation
In the value of the British pound
sterling and the announcement that
restrictions In trading In foreign ex
change would be withdrawn, were fa
vorable features In the general mar
ket situation In the United Kingdom.
Portugal has prohibited the import
ing of bread grain. Procurrlngs of
Russian grain tq Feb. 20 were re
ported at 00.8 per cent of the yearly
Ilan. -
Winter wheat crops remained In
generally favorable condition during
the week. The mild weather . over
the main winter wheat section of the
V. 8. promoted growth in most parts.
Wheat greened up and made notice
able growth In Kansas and more
southern sections. More soil moisture
Is needed In the west central great
plains, especially Eastern Colorado,
Western Kansas and Nebraska and
Northwestern Oklahoma, Winter
. grains In most European countries
are protected by snow cover, although
damage ns reported from previous
unfavorable weather In some areas,
particularly In some of the Lower
Danublan countries and In Southern
Russia, Recent rains benefited crops
in North African countries and the
condition of wheat In Egypt at the
first of Maroh was reported to bo 100
per cent of tho ten-year average.
Conditions In India, where harvesting
begins this month, are variable, with
rain needed' In unirrlgated regions,
particularly in the Punjab, where
more than onethlrd of tho Indian
crop is produced. More than half of
the Punjab acreage however, is undor
irrigation. ,
might Decline
.- Domostlo wheat markets declined
slightly, despite a sharp reduatton In
market receipts. Arrivals at the prin
cipal central and southwestern mar
kots totaled only 3,017 cars, compared
with the unusually large receipts of
6,583 of the previous week. Milling
domand was fairly active and storage
Interests also continued to take good
amounts. Elevator stocks at Kansas
City wore increased to a new record
total of over 37,000,000 bushels, with
large amounts still on track to be
unloaded. At the close of the market
Maroh 4, No. 2 hard winter, ordinary
protein, was quoted at Kansas City
at safiaujc, 13 per cent at 53 'Ac?
63J4o and 13Uj per cent at 5314
04 o. Tho average protein of tho
week's lnspootlons was 11.70 per cent.
The protein of the Inspections to date
this season has averaged 11.88 per
cent compared with 13.33 per cent
for the corresponding period last year.
Milling demand at Omaha was fairly
active and 160 cars wore shipped out,
mostly to Minneapolis mills. Current
offerings were readily takon and at
the close of tho week No. 3 hard whi
ter, ordinary protein, was quoted at
Omaha at 61Vo per bu. No. 3 dark
hard winter with 13 per cent protein
was quoted at bto and No. 3 yellow
hard wheat, 10 per cent protein, at
51o per bushel.
.- Paolflc coast markets were gener-
ally qulot with prices moving within!
a narrow range. Futures at Portland ,
March 4 closed to L&o lowor than
a week ago. Cash markets wore dull
with export demand very light and
domestic Inquiry of small volume.
Ono salo of 600 tons of wheat ta Jap
an was confirmed at tho close of tho
week, which was the first export busl- ;
ncss for somo time. Export flour mllte
wore operating on tho last nllotmcnt
of 100,000 barrels of flour for the
Chinese flood relief but reported no
now export business with the Orlont.
Moderate flour sales continued to the
Philippines but sales to other mar
kets continued light. Inquiry from
California was moro activo although
actual sales were not of largo volumo
and were principally of feed wheat.
Prospects for winter wheat continued
favorable and moisture for spring
plantings was abundant as a result
of good snow fall. Receipts at Puget
Sound and Columbia river terminals
wore sharply reduced and totaled only
633 cars for the week. Cash prices
were lowered with futures and at tho
close of tho market March 4, a. a.
bluestem hard white was quoted at
Portland at 71 $ 72c, soft and west
ern white at 61c, hard wlntor, north
ern spring and western red at 58
60c, Backed, for No. 1 wheat. At Se
attle, western white and western red
were quoted at 81 &c and 60',4o re
spectively, and hard winter at 61c
per bu.. sacked, for No. 1, with 16
per cent protein dark northern spring i
from Montana quoted at 99 c in !
bulk. Moderate sales of Canadian
wheat for export were reported at
Vancouver during the week, with No.
1 Manitoba northern quoted at 61 Vic.
and No. 3 at 66 He. In terms of
United States currency.
Egg Market At
New Low Level
In Oregon Trade
EGG MARKET mkt page
PORTLAND, Mar. 7 P) The mar
ket for eggs reached a new low mark
here during the day when the lo de
cline in tho price named by the co
ops and the general trade touched 15c
for extras and 14c for standards and
mediums. The condition of the price
is serious.
There was- no change In the gen
oral butter market situation locally
for xhe week's opening. Demand ap
pears .able to take care of current of
ferings. Butterfat Is unchanged.
Light weight hens are in best call
at the moment with bids Monday up
to 10c lb. with mediums 13c and
heavy sorts 16c lb. Most retailers are
demanding the lightweights.
Apparently the country has been
holding out on turkey supplies be
cause late offerings have been more
liberal while domand appears to have
subsided somewhat. In fact it be
gins to look as if the consumer Is
getting fed up on turkey.
Trade m country ktnod meats is
generally without feature for the
week's opening. Conditions are much
the same as last weok, hogs and veal
being steady with sheep and lambs
steady to firm.
There are increasing supplies of
Roseburg cauliflower now offering.
Quality Is good to Just fair a trifle
mixed, which caused more or less
complaint. Sales are shown $1.10
1.25 crate generally. Call forn lan at
$1.26(391.35.
Somewhat slower trade Is reflected
for hothouse cucumbers. Sales are
reported at a further fractional loss
but the market Is weak at that. Re
ceipts are increasing and stocks are
piling up.
Notes of wholesale trading:
California asparagus is moro plen
tiful, better and lowor priced.
Celery , market Is again showing
strength to higher prices.
"'otato buying continues fair but
chiefly at extreme low prices.
Walla Walla spinach is Just about
steady with more local stock offer
ing.
Scramble for local carrots is caus
ing a further advance In tho price.
PORTLAND PKODUCB
PORTLAND, Mar. 7 UF) Butter.
prints 03 score or better 24 & 26c;
standards 24 26c carton.
Butterfat Direct to shippers:
station 20c. Portland delivery prices
3Io lb.
Eggs Pacific poultry producers'
selling prices: frcBh extras 16c; 'stand
ards 14c; mediums 14c.
Llvo poultry Net buying prlco:
heavy hons colored 4 lbs. up 16c;
do modlums 13c; light 10c; broilers
17 20c; colored roosters over 2 lbs.
1022c; springs 17 fe 20o ; old roosters
8o. Ducks pekln 16c; geese 12oi ca
pons 18(f)20a.
Country moats Selling price to
retailers: country killed hogs best
butchers undor 100 lbs. 5(ftQc; veal
ors 80 to 130 lbs. 10c; spring lambs
( ); iambs yearlings 11 12c;.
heavy owes Oo; canner cows i4c;
bulls OffliQ'O lb:
Mohair Nominal buying prlco,
1031 clip long hair 10c; kid 16o lb.
Onions Selling prlco to rowil
ors: Oregon $5.25 a $5.50; boilers $4.25
5.00 cental.
New potatoes Florida 1012c lb.,
California 10n12o lb.
Potatoes Local O0o?tl.l6;' Park-
dale $1.26; Deschutes $1.26 b 91,34;
Eastern Washington 76c $1.15, .
Seed potatoes (cortlflcd) Earliest of
All VAlc; Early Roso l'l'jC
lb.
Wool 1031 crop nominal; W1V-
lamctto valley 13316o; Eastern Ore
gon 11 15c pound.
Hay Buying prlco from producor:
alfalfa $16.60r$16.00; clover $10.00 $
$12.00; Wlllamotto valley timothy
$16.00; Eastern Oregon timothy
$18.60; oats and vetch $12.00$12.60.
MARKET NEWS OF THE DAY
Mnr.
May
July
Sept.
CHICAGO WHEAT
Open High
. .88 y
.fli. (12 .iay
.m .in
MS .115
LOW CIOM
.57 , .87
10:y, .110
.02
.81 .B4
May ,
July
Sept.
PORTLAND WHEAT
Open HlRh Low
.01 .(in, .lilt
.01 .CI', .01
.01 .oi'4 .ui
Clan
.00-K
Mar.
May
July
Sept.
CHICAGO CORN
- Open il'Rh
.37 .37
.4014 , .40
.434M3J4 ' .4314
AtA4 A4yt
Loir Clou
30'4 .36
.3!1.40 .40 .
.42 .42
.43 .4334
STOCK MARKET
BACKING AWAY
FROM '32 PEAK
NEW YORK, Mnr. 7 (P) The stock
mnrket quietly backed away today
from the 1032 peak level established
In tho provlous scsnlon. Many pivotal
Hhnrcs cloned 1 to 3 points lowor. The
final tono was heavy. Sales approxi
mated 1,600,000 shares.
Dulls mndo experimental of forts In
somo of the food and specialty issues
at tho finish, although most of tho
morning upturn was lost.
American Telephone closed down
moro than 3 points. Safeway and Au
burn, lost as much, whllo issues clos
ing a point or two lowor Included U,
S. Steel, Ocnoral Motors, American
Can. Allied Chemical, Union Pacific
DuPont, Southern Pacific, Consoli
dated Gas, North American and Inter
national Tclcphono. Jorsoy Central
apponrcd at 55, off 10 points. People's
Ous and Ilomcstnko mining shot up
about 7 points each, howovor, and
closed near the top.
MI.YKH NTKAUY
NEW YORK, Mar. 7 (A) Bar silver
steady and unchanged at 30!4o.
BtneficUl Health Rayi
The ultra-violet rays ond tlie infra-red
ray nre supposed to be the
most beneficial to health.
DAY'S
College
CORDS
24 Inch Bottoms
$2.95
New York Store 1
CHEESE TRADE
STEADY; TREND
IS UNCHANGED
PORTLAND, Mar. 8 - Steadi
ness of the cheese trade Is practically
general throughout the country. This
applies equally to coast primary and
consuming markets although In Wis
consin making centers the feeling
was not quite as good as the previous
week even with prices fractionally be
low those of a week ago.
The weakness and prlco easiness In
Wisconsin appeared due mostly to the
keen 'desire on the part of makers
to force a ' greater movement than
normal.
Locally thero was no change re
ported In the general trade trend.
Primary markets reported sustained
quotations with Tillamook make
about normal for the reason.
Cheese storage stocks continue be
low a year ago at most points.
DRUNKEN BRAWL
COSTS HIS LIFE
(Continued Prom Page One)
and several others.
When Hopkins entered the back
door, of .tho Holden residence, Holdcn
Is reported by police to have ac
cused tho man of breaking up his
home, thon to have shot Hopkins
twice, one bullet entering the heart
and the other the abdomen.
Holden, a father of four children,
was divorced from his wlfo a few
months ago. Hopkins is survived by
his widow and three children. Police
said an Inquest will be held today.
II AYR HKLATIVKS I1KKI3
John Hopkins, brother of tho de
ceased, his mother ail ancjiher
brother make their home In La
Grande, and left early yesterday for
Baker directly after hearing of the
shooting. i
MVIJKPOOL WHEAT
LIVERPOOL, Mar. 7 (fl1) Wheat
closed: March, 58; May 00; July 02;
Oct 64, Exchange 93.51.
PORTLAND LIVESTOCK ;
PORTLAND, Mar. 7 P) Catlo
1360, calves 116 including 130 cattle
and 15 calves through; , steady to
strong.' Steers 600-900 lbs. good 9660
3 $6.00, medium . $4.75 pe $6.50, com
mon $3.60(fr$4.75; 900-1100 lbs. good
$5.50 (T $6.00, medium $4.75 $6.50,
common $3.60ffl'$4.75; 11001-1300 lbs.
good $5.00(W$5.50, medium $3.50
$6.00. Heifers 650-850 lbs. good $6.00
0)$5.5O, medium $4.25 g $6.00, com
mon $3 .00 fu) $4.26. Cows good $4.00
$4.50, common and medium $3.00
$4.00, low cutter and cutter $1.60 '
$3.00. Bulls yearlings excluded good
and cholco (beef) $3.25 $3.75, cut
ter common and medium $2.00
$3.25. Vealers milk fed good and
choice $7.50(?$8.00, medium $6.00 a
$7.50, cull and common $3.5O$6.0O.
Calves 250-600 lbs. good and choice
$8.00ft$7.50, common and medium
$3.60(? $6.00. - i
Hogs 2850, Including 700 through;
3 5 -40c higher. Light lights 140-160
lbs. good and choice $4.15 $5.00;
lightweights ,160-180 lbs. good and
choice $4.85 & $5.00, 180-200 lbs. good
and choice $4.86 $5.00; medium
weight 200-220 lbs. good and choice
$4.16$5.00, - 220-250 . lbs. good and
choice $4.00$4.75; heavyweights 250
200 lbs. good and choice $3.76 94.75,
200-350 lbs. good and choice $3.60:
$4.26; packing sows 276-500 lbs. me
dium and good $3.25ff'$4.00. Feeders
stockors 7(1-130 lbs. good and choice:
$3.00 $3.60. 1
Sheep and lambs 760, Including 308
direct; about steady. Lambs 00 lbs.
down good and choice $5.60$6.00.
medium $4.60 ft $6.50, nil weights
common $3.60ff$4.50. Yearling weth
ers 00-110 lbs. medium to choice $3.60
p $4.60. Ewes 120 lbs. medium to
choice $2.25 (j? $2.75, 120-160 lbs. me
dium to choice $1.75 $2.60, . all
weights cull to common $1.00$1,75.
! WINNIPEG WHHAT-??'''
WINNIPEO, Mar. 7. Iff) Wheat
close: May 66; July 6816; October
70K. .
Cash: No. 1 hard 66; No. 1 north'
em 65 !; No. 2 northern 61; No. 3
northern olc.
CHICAGO LIVESTOCK
CHICAGO, Mar. 7 (ff) (C 8. D.
AOHogs 40,000; strong to 10c hlgll-
er; 170-210 lba. $4.60 $4-66; 140-160
lbs. $4.35 $4.60.
Cattle 11,000; better grade weighty
steers active; strong to 26c higher;
bulls 15 g 25c higher; vealers strong
to 26o higher, $7.00$70.
, Sheep 17,000; asking unevenly
higher, strong packers bidding $6.00
Otto .60 for good to choice lambs; fat
ewes $3.00 a $3.75.
PORTLAND CASH
PORTLAND. Ore., Mar. 7 VP) Cash
wheat: Big Bend bluestem 68c. ' .
Soft white 68i2c. ,
Western whito 68c.
Hard winter 50'c. -f. -r
Northern spring 56c. '
Western red 66ic.' - ' ,fif-t
Oats: No. 2 white $23.00.
Today's car receipts: wheat 65; bar
Icy 1; flour 17; corn 2; oats 1; hay 12.
i - " " 1
BULLDOGS TAKE
CAGE TITLE FOR
THE THIRD YEAR
(Continued From Page One)
up 13 to 13 after four flve-mlnute
periods,1 nd the two coaches, Camp-
Deu anu Agee, agreed that It would
bo permitted to stand at that, with
both the Bobcats and the Badgers
tied for third place.
La Grande, of course, by virtue of
Its defeat of Union, 18 to 16, In the
afternoon, advanced to the runner-
up position. The Union-La Grande
game was the first of the seml
ftnalB, and. was a hair-raiser, with the
Tigers taking an early lead. The loss
of Corey, center, In the last period
because of four personal fouls, weak
ened the team's strength somewhat
and Union took advantage of It to
creep up to within two points before
the final crack of the timer's gun.
North Powder came near upsetting
Baker In the second game of the aft
ernoon, which ended 19 to 19. ' In
the overtime period Baker outscored
tho Badgers, 4 to a, winning 23 to 21.
It was probably the most thrilling
game of the entire tournament from
the crowd's standpoint. York, Ba
ker center, who had been held to
only a few points by Walk and the
Powder guards, HobbB and Slmonls,
broke loose In the overtime period
to cage a field goal after both teams
had made two tree throws. Each time
Baker made a free throw to give It
a one-point lead, Powder followed
through a. moment later. Pour free
throws were attempted during the
period, and all four were successful.
Coach George Scott played three
of his substitutes In the first three
quarters, during which Powder trail
ed by soveral . points. But In the
last period, with his regular llrst
team on the floor, the Badgers ral
lied Impressively. .
After the evening game, champion
ship ' and . runner-up trophies were
awarded to both tho La Grando and
Baker teams, and Begley, Baker
guard, was announced as the. out
standing player' of. the tournament.
His selection was mado on a .vote of
three offlclalsrRoblnson, Hlckox and
Skiff. Robinson and' Hlckox voted
for Begley while Skiff cast hlB vote
for Torrence,- La Grande guard, the
only -two men' considered for the po
sltlon. J .'' " '
The tournament at Union this year
ranks ao one of the finest In local
history from the standpoint of close,
Interesting games and also from the
high quality of sportsmanship dis
played by all eight teams and their
rooters.
. An all-star team Is expected to be
announced later, with the coaches at
the tournament turning In their
selections to the district board Sat
urday night.
- Summaries of Saturday's games
follow:
Baker (final game): Fg Ft Pf Tp
Shirley, f 10 12
Drelsbach, f 3 0 18
York, c 6 9 .3 12
Begley, g - 12 0 4
Hollman, g 10 0 2
Totals .'....".12 6 26
La Grande!
Lyman, f '
Stoddard, f .1.
ICbrey, o
Burnett, g
Torrence, g
Workman, f
Fg Ft Pf Tp
1 0 2 2 ,
3 0 16
2 0 2 4
0 10 1
0 0 10
..... 0 0 1 0
Totals 6 1 7 13 '
Score by Quarters:
Baker 8 4 6 9 26
La Grande 4 4 2 313
Seml-flnal Games
(Saturday Afternoon)'
North Powder: Fg Ft Pf Tp
Williams, 1 3 0 16
Sloan, f 0 0 10
Walk, o 12 14
Hobbs, g . 1 1 2 S
Slmonls, g 3 2 18
Henderson, f 0 0 0 0
Totals
8 6 6 21
Baker: Fg Ft Pf Tp
Shirley, 1 i 2 0 0 4
Ragsdale, t 2 116
Jackson, o 110 3
Southard, g 112 3
Holman.'g ; ,. 1 1 1.3
Drelsbach, f , 0 111
York, o 2 0 0 4
Begley, g ,. 0 0 10
Totals ..'. '. 9 4 6 23
. Score by Quarters: ;
Powder 2 4 6 6 2 21
Baker 6 10 2 2 4 23
: 'Overtime period.
Bewitching . . Colonial Type
COTTON
fpnocKO
:' Equal Quality Spring
1931 Price-$1.79
Such clever stylesl Fitted waists, full,
full skirts and organdy puff sleeves
or ""sleeveless I Tailored styles, tool
NEW fast color prints!
J. C. Peimey Co.
DEPARTMENT
1307-1309 Adams Ave.
La Grande: . Fg Ft Pf Tp
Lyman, f 2 0 0 4
Stoddard, f 4 3 1 11
Corey, o . 0 0 4 0
Burnett, g 0 10 1
Torrenoe, g 0 0 10
Baxter, f 10 0 2
Workman, f '. 0 0 10
, Totals 7 4 7 18
Union: ' Fg Ft Pf Tp
Prather, f ... 3 0 2 6
Baum, f - 2 0 14
Tollman, o 1 0 1 2 ,
Baker, g 12 0 4
Conklln, g - 0 0 10
7 2 6 16
Totals ..
' Score by Quarters:
La Grande S 3 4 6 18
Union - 2 2 6 616
Saturday night game (tie' not
played off). 1
Totals ,
Powder:
Williams, f ...
C. Sloan, f
Walk, o
Hobbs, g ...
Slmonls, g
Tallcy, I
Gorham, g .....
Henderson, f
M. Sloan, g ...
' Totals
LOOK TO THE
N
:r!:j'::;;:::!:i:;:ii:i:t::i
ISM
That's jo of your investment
in any electric refrigeration
IE
I ' IP1'
I
$ 1 O DOWN
A refrigerator is only as good
as its mechanism. So perfect is the
General Electric mechanism, that
G-E engineers have hermetically
sealed it in the steel walls of the
Monitor Top. It's out of reach
of dust, moisture and tampering
fingers. It requires no attention
. . .' not even oiling. Year after
year, it operates faithfully, auto
matically, without care or atten
tion, without servicing. It con
sumes a minimum of current,
materially lowering refrigerat
ing costs. All G'-E Refriger
ators are Guaranteed against all
service expense for 3 full years.
A small down payment installs a
General Electric in your kitchen
tomorrow.
Join the GE Circle. A pedal program for women
every day at noon (except Saturday). On Sunday at
530 P. M: a program for tho whole family. N. 3. C
coait to'coait network Eastern Standard Time.
This Dependable Refrigerator Used by ' "
MISS HEATH AT THE ' ?
Observer's Kitchen Chautauqua
W. H. Bohneiikamp Co.
GENERAL f ELECTRIC
ALL-STEEL REFRIGERATOR
A Manufacturer's Sacrifice of
V 150 High Grade
FIJR COATS
JACQUETTES.aND scarves
- Two Day 's Only
TUESDAY AND WEDNESDAY ;
- March 8 and 9 .
Miracles
Do Happen!
Ml1. A. A. Welch of the well-known
Montreal Fur Trading Company, was on
his way east to sacrifice his entire sample
line of high grade fur coats. We arranged
for him to stop over with us for "a few
days and give our patrons the opportunity
to get in on some real fur coat bargains,
in next season's smartest fur coat fash-
We would be very short-sighted indeed,
if we believed for a moment that we could
launch a great fur coat sale at this time
of year by giving ordinary values, but so
great was the opportunity that this finest
lot of high grade guaranteed fur garments
will go on sale at the greatest sacrifice
ever offered in this part of the country.
If you were ever contemplating buying
a fur coat here is a most wonderful oppor
tunity to obtain the greatest return on
your investment. In fact, the reductions
are so astounding that those who know fur r
values will purchase next season's coat
now! ' , ., . I-' ;r "..
Expert Furrier in Charge
of This Sale
EVERY GARMENT GUARANTEED
DORA vrs
SMART SHOP
LA GRANDE'S OWN STORE
I
TORE
La Grande, Ore.
Union: Fg Ft Pf Tp
Prather. f 0 10 1
Baum, f 10 12:
Tollman, c 2 0 14"
Conklln, g 0 0 1 0 :
Baker, g : - 3 0 1 6 ."
Hess, f - 0 0 0 0 "
Halsey. g 0 0 0 0
Miller, g 0 0 1 0 J
.... 6 1 6 13
Fg Ft Pf Tp'
...2 1 0 6
.. 1 0 0 2:
... 0 10 1'
... 0 0 10;-
... 1 0. 0 2
.... 0 10 1;,
0 0 0 0'
0 0 10
.... 1 0 1 2 :
S 3 3 13
Score by Quarter's:
Union 4 3 4 213
Powder - 4 5 2 213