Page Eight
LA GRANDE EVENING OBSERVER GRANpE ORB. "
- Friday. August 12, 1932
Butterf at Shows
Strength; Local
::f SpudsSell High
PORTLAND, Oro Aug. 12 (AV-Out
duct Is very good.
The onion market Is congested and
extremely weak. Sales to wholesalers
In carload lots range from 60 to 60
ccnta cental on cars here. ,
Yakima Bnrtlett pears are selling
slowly 60 to 70c for a 28 pound lug.
Peach sales are slow but at late nom
inal prices.
Green peas and beans are slow with
side offering In the butter trade Jpricea low. Best lower Columbia peas
have decreased materially during the
past few days. Although the decrease
la marked, as compared to a wecK ago,
It Is considered more or lew season
able. . Local churning also has shown
a decrease. . ...
The interpretation placed upon the
decrease is that California la drawing
more heavily upon country creameries
of the Pacific northwest, although
prices here aro on a par with thow
elsewhere on the coast.
Butterf at continues to
strength.
Egg trade
PORTLAND, Ore., Aug. 12 fP)
Sugar Cane, granulated $4.45 100
lira.; beet sugar 4.20 100 lbs.
Domestic flour Selling price de
livered: patent 40a 16.60; do 08s $6.30;
show bakers' bluestcm $4.10; soft wheat
pastry patent $3.40M620; Montana
continues strong with hard wheat patent $5.00 $5.20; rye
virtually no change In prices locally. 194.50$ $4 60.
In some sections of the middle west)
are about 3 ccnta a pound.
Yakima watermelons are offered at
2c a pound with California melons at
8 L' OA It AM) none
and east, however, the market was
spotted. , . i
Demand in the chicken trade holds
steady with all broilers showing a
relatively strong tone.
Hogs are Inclined to show fractional
dullness; otherwise there is virtually
no change In the country killed meat
market.
Movement of tomatoes Is galnli.
with an unusual supply being re
ceived from Walla Walla.
.Yellow Bantam corn Is being offered
Iri suffice nt volume to establish the
price around $1.00w$1.10 a sack,
while other yellow stock generally Is
listed around 75r("f00o a sack.
For the flrat time In years local
potatoes are selling above Yhilma
stock. The quality of the local pro-
I'OHTI.AM) I'HOJM T,
PORTLAND, Ore.. Aug. 12 m Po
tatoesLocal $1 orange box; Yakima
Gems 75c 91-15 cental.
Butter, butter fat. eggs and Jive
poultry and country meats unchang
ed. " K
Mohulr, nuts, cascara bark, hops,
onions, strawberries, wool and hay
quotations unchanged.
LIVKKI'OOL WHEAT
LIVERPOOL. Aug. 12 (At Wheat
close: Oct. 60; Dec. 60; March
60. Exchange $3.47. -(
Itt'TTEKPAT
SAN FRANCISCO, Aug. 12 W)
Butterf at f. o. b. San Francisco 22c.
MARKET NEWS OF THE DAY
! ' CUICAOO WHEAT
Open Men Low Close :
Kept. (..Id)...- AHiH ' Sf'-'A
(new) M. M JB, '. MX,
lire JS7!J JiH -10 .&r,.SBi
Mn - '. mi Mti9K
' " POBTLAMI) WHEAT
Open High Loa CIom
Kept . Mii M M
lire SUM ' .877, f
.Muy 1 I -Hi ' '
: CUICAUO COUN
Open IHfll Low Ob
Sept ; '', .3:1 M
lire,- :vty, .SMV4 mtOH
.Mu- ' 3; -S'H
I-OK'IXA.NI) I.IVKSTOCK
PORTLAND. AU(. 12 U' Cattle 00.
calves 16; quotably steady, bteors 600
000 lbs. medium 4.50r. M.00, common
12.50 r 4.50; 000-1100 lbs., medium
4.60f, WOO. common 2 50 M 60;
1100-1300 lbs. medium 4.25 u S3.7B;
heifers 650-850 lbs. medium $3.60 HI
5.00. common 2.23ci 3.50. Cowa,
common and medium $2.00 a (3.60,
low cutter and cutter 1.00 w 2.00.
Bulla (yearlings excluded) good and
cholco (beef) 2.76 3.26, cutter,
common and medium 11.75 ct 82.78.
Vealers, (milk fed) good and choice
M.50fa 5.00, medium 3.60 it $4.50,
cull and common $2.00 ft $3.50. Calves
250-600 lbs. good and choice $3.60 tf
$4.50, common and medium $2.00
$3.60.
Hogs 360, steady: light lights
and choice $4.65i$4B5, 180-200 lbs.
good and choice $4.65 ft $4.85; me
dium weight 200-220 lbs. good and
choice $4" $4.85, 220-250 lbs. good and
choice $3.856 $4.75; heavyweight 250
200 lbs. goed and choice $3.76$ $4.65.
200-350 lbs. good and choice $3.76 0
$4.65. Packing sows 276-500 lbs. me
dium and good $3.00 (& $3.76. Feeders
stockcrs, 70-130 lbs. good and choice
$3,505) $4.00.
Sheep ana iambs 400;- steady.
Lambs 00 lbs. down, good and choice
$4.00(, $4.25, medium $3.25 it $4.00,
all weights, common $2.60 & $3.25;
yearling wethers 90-110 lbs. medium
to choice $I.25t. $2.75; ewes 120 lbs.
medium to choice $1.00 $1.60, 120-150
lbs. medium to choice 75cfr $1.25, all
weights, cull to common 5076c.
REACTION HITS ""IWOULD GIVE
MARKET; WEAK
CLOSING TONE
NEW YORK. Aug. 13 W Tne
market bad It long expected shake
out today, when a torrent of selling
In the laat hour carried many Issues
off 1 to 6 points, and a few from fl
to 12. It was the first sharp set
back since the summer recovery got
under way. The closing tone was
weak. Transfers approximated 3.600,
000 shares.
Many traders had wondered at the
ability of the recovery to progress so
far without a technical reaction.
There was no agreement In brokerage
quarters on the possible effects or
President Hoover's acceptance speech,
opinions evidently depending on po
litical tastes. The president's sup
porters, however, said the speech had
undoubtedly been discounted In ad
vance, and the reaction was overdue.'
It cost 63 Iowa poultry men an av
erage of 11 cents to feed each hen
140-100 lbs. good and choice $4.00 & during June. The return was about
$4.05; lightweights 100-100 lbs. good 23 cont a hen.
wwmmzp raSOTi I
vL- ' C"""NbL -'"'4
Ifl
MAiBlulfSMiSaSHSWMSHfl
THEY TASTE BET.7ER
THEY'RE MILDER
!
19)2. LlGCITT t Mviu Tosacco Co,
TWO girls to one man is hardly fair; but these two
girls arc giving the man a piece of their mind.
They are telling him, and telling him straight from
the shoulder, what they know that CHESTERFIELD
Cigarettes arc milder never harth or raw; that
CHESTERFIELD Cigarettes taste better aud have a
more pleasing aroma.
CHESTERFIELDS arc eliekinji with millions.
WOOL REPORT
a BOSTON, Aug. 12 W) f- The Com;
merclal Bulletin will say' tomorrow; :
' "There Is a distinctly stronger tone
In the wool market, following a move
ment estimated at close to fifty mil
lion poundfl of wool of all grades and
types over the past fortnight, Includ
ing options whlon undoubtedly will
be exercised. Wool merchants gen
erally have marked prices up three to
five cents a pound, clean basis, xrom
the low point and the National Wool
Marketing corporation has practically
withdrawn Ite wool from the market
by pricing lte wools about five cents
above the general street level.
"The manufacturing position ob
viously Is much Improved and some
manufacturers evidently are antici
pating even greater Improvement by
the size of their purchases. . .
"in the west, prices have shown a
tendancy to advance ever a bit ahead
of the eastern market. Wool-is rapr
Idly disappearing and not Infrequently
has been withdrawn from the market
by the holders.. '. ' .
"Foreign ' markets are generally
quiet but are optimistic over the out.
look. ,. . !. I l:l':i
"Mohair Is moderately active In a
small way at steady rates." . .
The Bulletin will publish the fol
lowing quotations! scoured basis:.. ,
Oregon Pine and f. m. staple 34
36; fine and f. m. it. combing 32-33;
fine and t: m. clothing 30-31; valley
No. 1, 33-34. - , .
MohaU-Oregon 13-14. . . .
Domestic graded, first combing 24
26; second combing 22-23; third
combing 17-18; fourth combing 16-16;
good carding 24-26; first kid 45-60;
scond kid 36-40.
PORTLAND CASH
PORTLAND, Ore... Aug. 21 Cash
wheat: Big Bend blueatem 65c.
Soft white 6314b.: - -
Western white 63'Ae. ; . .. .
Hard winter 53c.. ;
v Northern spring 63c. ; ' ,
Western red 62c. , ,
Oats: No. 2 white 17.00.. .. .
Today's car receipts: '.wheat . 100;
oate 1. : . . , , .
CHICAGO LIVESTOCK .
: CHICAGO, Aug. 12 W) U. 3. D.
A.) -. Hogs 16,000; 5 10c higher;
180-220 lbs. 5.0035.15; sows $3.40
3.86. ,
Cattle .1,000; steady; nothing strict,
ly, choice here; best steers promising
to sell around 19.00; grassy and short
fed steers 4 60tj7.26; grass fat cows
e2.25iviS3.25; vealers steady ts.00
7.00. " ! . ! I i
Sheep. -10.000; - better grade .native
lambs strong to higher; others slow,
sheep steady;- native lambs $5.50 SI
$8.00; throwouts $3.50 $4.00; fat
ewes 1.50 41 2.25.
JULY WEATHER IS
BLAMED FOR DROP
(Continued from Page One)
a month ago.
"Spring wheat and barley yield
prospects have declined considerably
since last month with the decline In
the other crops about seasonal."
Oat yield prospects dropped one
bushel during July. Potatoes showed
a decline In condition since last
month and the yield per acre is estl
mated at 110 bushels compared to
130 bushels last year. Little change
is seen In hay prospects, alfalfa and
all tame hay yields being estimated at
2.70 and 1.90 tons respectively.
Winter wheat production In Ore
gon this year Is estimated at 16.020,-
000 bu. compared to 15,362,000 bu In
1931; and 16,198.000 bu. for the five
year average.
Spring wheat production Is esti
mated at 4,680,000 bu. for 1932;
against 2.400.000 In 1931 and the 4,
656.000 6-year average.
The oats yield for 1032 Is estimated
at 6.690.000 bu. compared with 7,138.
ooo last year and a 6-ycar average of
7.897.000 bu.
Potato production Is estimated at
4.030.000 bushels this year against
5,460,000 In 1931 and a 6-year average
of 4.108.000 bu.
Estimated In tons, the production
of alt tame hay In the stato Is 1.846.
000 for 1032. compared with 1.638,000
In 1931 and 1.692,000 for the 5-year
average. . . -
EACH STATE
ITS CHOICE
(Continued From Page One)
a' return of the saloon system with
Its Inevitable political and social
corruption and Its organized Inter
ference with other states."
He said the Democratic plan for
outright repeal meant a return of
the saloon. He pointed to the "boot
legger and speakeasy" of the present
regime.
"Either Intolerable"
"I refuse to accept either of these
destinies," h'e said. "Either Is Intol
erable. - These are not the ways out."
Before and after the eagerly
awaited prohibition declaration , the
functioning until" the "train is
passed."
. Defends Farm Board
-He defended the form board and
Its huge stabilization activities.
The original purpose of the farm
board was to strengthen the efforts
of the farmer to establish his own
farmer - owned, farmer - controlled
marketing agencies." he said. "It has
greatly succeeded In this purpose,
even In these times of adversity."
The price stabilization loons, he
said, "served to stem panics In agri
cultural prices snd save hundreds
of thousands of farmers snd their
creditors from bankruptcy."
BOSTON WOOL
BOSTON, Aug. 12 0B Moderote ad
vances In orlces are being realized on
president, dressed In serge coat and ;66-s and 48-503 grade or both fleece
r. . . '. ... Arlvnnres on
Advances
In the grease.
with strictly combing Ohio and sim
ilar wools bringing 14 14, e 15Vic In
the erease for 66's and 149l4!4c for
the 48-50's grade. Strictly combing
graded territory woo! sells at 81 a 32c
scoured basis for 66's and 28-300 for
48-50's. Asking prices of some houses
are above these ranges.
WINNIPEG WHEAT
WINNIPEG, Aug. 12 m Wheat
close: Oct. 69; Dec. 6060'B; May
6414 6) 'A.
Cash close wheat: No. 1, 67'4; No.
2, 64(4; No. 3. 53.
white trousers, told the sweltering jand territory wools,
guests ana a vast unvwu-wiuv i.u,vi..bwui b -
audience Just what he stood for,
what he had done and what he con
templated In words he desired to be
"so simple and so plain that overy
man and woman who may hear or
read my words . cannot misunder
stand." . . Only once did he mention the Re
publican party. He willingly gave
credit to Democratic members of
congress who helped .In enactment
of the emergency reconstruction
measures. He attacked the Demo
cratic house under Speaker Garner,
the Democratic vice presidential
nominee, for some of Its economic
proposals. Obviously pointing at
Governor Roosevelt ' he demanded
Democratlo specifications on tariff
reform; supported the protective tar
iff and "squarely" opposed the Demo
cratic proposals of "a competitive
tariff for revenue."
Asks Re-election
Mr. Hoover asked re-election on his
record. The word "I" appeared fre
quently as did the phrases "I shall
persist In that" or "I shall continue
to oppose that" as he ran the scale
of governmental problems and poli
tical Issues. He apparently sought
to overlook no outstanding question ;
In the 6000-word address. j
"I rest the case of the Republican 1
party on the Intelligence and the.'
Just discernment of the American
people." he concluded. . I
"Should my countrymen again '
place upon me the responsibilities of
this high office, I shall carry for
war dthe work of reconstruction. I
shall hope long before another four,
years have passed to see the world
prosperous ' and at peace and every
American home again In the sun- -'
shine of genuine prosperity. -1 shall
seek to maintain untarnished and.
unweakened those fundamental
traditions and principles upon which
our nation wos ' founded end upon
which It has grown. I shall Invite i
and welcome the help of every man
and woman In . the preservation of
the United States for the happiness,
of its people. This Is my pledge to
the nation and to the almighty God." ;
Representatives of the last twelve
years of Republican rule surrounded
the speaker whose words came Blowly
and evenly as he rested his hands
on a small, table beforo the micro- j
phones. . ' I
illumes Speculation j
Mr. Hoover hammered away on the
economic emergency and steps, past
and contemplated, to mot It. He
blamed over-optlmlsm and specula
tlon In this country as the first cause
of trouble and the world wide econ
omic collapse resuWng from War
evils as the subsequent and more de
vastating cause. Of his efforts to
meet the situation, he said: I
"These programs, unparalleled In
the history of depressions In any
country and In any time, to care for
distress, to provide employment,
aid agriculture, to maintain tne lin- .
annul stabllltv of the country, to
safeguard the savings of the people.
to protect their homes, are non in u
nast tonfut thev arc in action. I
shall propose such other measures.
public and private, as may oe necco
sarv from time to tlmo to meet the
changing situations and to further
speed economic recovery. That re
covery may be slow, but we will succeed.
"And como what may, I shall
maintain through all these measures
the sanctity of the great principles
under which the republic over a
period of 150 years has grown to be
the greatest nation on earth."
Warns Against Cancellation
On foreign alfalrs. the president
eyed favorably a general world econ
omic conference even along lines
suggested by Senator Borah, of Idaho,
but he emphatically warned against
war debt cancellation. He did open
the door for a trade on particular
annual payments In the Interests of
American commerce.
His direct promise to the farmer
was a drive for tox reduction, nc
tho most practicable relief
the farmer today aside from the
icrol economic recovery" some
thing to alleviate the "unfair bur
dens of Ipxsftlon which the cur
rent readjustment In values has
brought about."
"With the collapse in world prices
and depreciated currencies the farm
er was never so dependent upon his
tariff protection for recovery as he
is at tho present time," said Mr.
Hoover. "We shall hold to that. Wo
have enacted many measures of em
ergency relief to agriculture. They
aro having effoct. I shall keep them
These WILL Wtarl
BOY8
BROWN
ELK
SHOES
Sixes f-12
$1.39
Sizes 12H-2
Siics 2H-S'
$1.79 1
J. C. Penney Co.
1807-1309 Adams Ave.
La Grande, Ore.
Peace Is Happiness
He Is happiest, bo he king or
peasant, who finds peace In hlsowa
home. Goethe.
n
The
Shake Switch Shop
, ,., 220 Fir St.
Special for Saturday & Sunday
Pineapple, Plum, Loganberry and
Fresh Strawberry Sherbet
20c Quart 2 for 35c
Chocolate, Vanilla and
Fresh Strawberry Ice Cream
25c Quart 2 for 45c
Happy Jacks each 5c
rvUofluttgomraeiry
Ward & Co.
Last Days ... August
Sate of Blankets . . . Don't
Miss These Savings!
72x84 Wool-Filled
Comforter
Attractively Covered
with Flowered Sateen
Thank the August Sale
for this s p e c t a c u lar
value! A luxurious, fluf
fy comforter with a full
5-lb. wool batt.' Covered
with lustrous floral sat
een, in blue, rose, orchid,
gold, green.
$2.39
Aist , Year You
Paid $4 .98
66x80 All Wool
Blankets
A fleecy, all-wool lilan
ket in distinctive plaids,
bound with sateen. One
of the August Sale's best
bargains!
Soft, Fluffy Part Wool
Blankets
$11.69
Pair
Deep - napped 66 x 80
part wool Blankets. In
colored plaids, bound
with sateen. Sale-priced
for August.