(gnritii? lta$iitig ba?mr
CITY EDITION
U Win ttrrtM
Only Ntwapapcr
Priatod in U Grande
Cowing Union and
Wallowa CounUw
VOLUME 30
LA GRAN DOB, OREGON, TUESDAY, AUGUST 16, 1932
WWmm ASSOCIATED PBKM A1ID & B. O.
KAMTKBX OIUDOON'S IiKASlNS NKWHPAFEB
NUMBER 298
. A .... - - - . - . . - i . .
i . i i . t .
FRED MOORE
IS PICKED DP
IN SEATTLE
Youth, 22, Being Brought
, to La Grande Far
Further Questioning
DEAD MAN'S GUN
AND WATCH FOUND
Youth Insists He Has
Never Been in La Grande
Says He Found Miss-
ing Articles.
SEATTLE, Aug. 16 VP) Held lor
Investigation' In connection with the
slaying two weeks ago of E. L. Smith,
railroad detective, at Hllgard, Ore.,
Fred Moore, 22, will be taken to La
Grande today by Deputy Sheriff R.
, Coggan for further questioning,
pa waa. arrcBted here on a charge of
carrying a concealed weapon. Police
who interrogated him In the county
Jail said they could get little Infor
mation from him.
' Detectives said a .45 caliber pistol
and a watch which Moore had when
arrested have been partially Identi
fied as having belonged to Smith who
was. beaten and shot to death by a
group 'of -transient as he tried , to
put them off a freight train at Hll
gard, near La Grande.
; Watch Identified
'A watch Identified as Smith's was
found In a Seattle pawn shop, and
records showed Moore left It there
several days ago In exchange for an
other watch. .
Detective '- Captain William G.
Wltzke said Moore's pistol was of the
same 'type stolen, after the Oregon
killing. "
Moore Insisted he has never been
In La Grande and knows nothing
of the shooting. He said he found
(Continued on Pago Six)
PRESIDENT- OF
WEST OREGON
COLLEGE HERE
Prof. Thomas W. Bibb, Ph.D., presi
dent of Albany college, with Mrs. Bibb
and Miss Corlett, dean of wompn of
tbe college, were Monday callers at
the Presbyterian manse. Dr. Bibb
was In counsel with Rev. J. George
Walz concerning a humber of pros
pective students, the placing of schol
arships, and the financial campaign
for- the college.- Dr. Bibb has been
making a survey of the Burns, John
Day, and. Northeastern Oregon terri
tory, advertising the school, a collego
placed on the permanent list by the
accrediting committee of the North
western Association of Secondary and
Higher Schools. Albany college also
has .been -admitted and made a mem
bor of the Association of American
Colleges. This gives the Institution
Ji 'decided advantage, and offers to
young people of Oregon In connec
tion with Christian contact and In
fluence. Instruction In strictly high
class liberal arts. While Albany col
lege Is not -a self-help Institution It
docs give every assistance to students
to find work that may help them de-
irny wieir expenses, lb i bhiu
Transfer Sergednt
Osmond To Baker
Prank Osmond, who since last Oc
tober has been the sergeant In
charge of all game law enforcement
In Eastern Oregon, will leave late
this week tor Baker where he will be
be stationed at the headquarters of
the. Eastern Oregon division of the
state police. Mr. Osmpnd has re
mained In La Grande In spite of the
fact that Baker Is the division head
quarters but will move thero now
for; greater convenience since official
messages are received there first.
O. C Franklin, who has been sta
tloned In Baker, will be transferred to
V Grande, the change to become ef
fective on Saturday.
Mr. Osmond will be accompanied
by his wife and daughter, Dorothy,
who will ontcr (he Baker High school
in the fall.
Oregon: Fair In the east,
cloudy and unsettled In the
west portion tonight and Wed
nesday; showers on the. coast;
little change In temperature:
gentle changeable winds off
shore. - WEATHER TODAY
7 a. m. 63 above.
Minimum: 64 above.
Condition: Clear.
WEATHER YESTERDAY
Maximum 94. minimum 67
above. -
Condition: Clear. Range 37
degrees.
WEATHER Aid. 16, 1031
Maximum 100, minimum! 67
above.
Condition: Clear. Range 43
degrees.
Soviet Russia
Criticizes U. S,
Non-Recognition7
Reacts to America's Eco
nomic Disadvantage and
Increases Danger of
War, Article Says.
MOSCOW, Aug. 16 in - The
United States policy of refusing to
recognize eovlet Russia was roundly
criticized today In a lengthy article
In Izvcstla, the government organ.
Non-recognltlon, the article said, not
only react to America's economic
disadvantage but sJbo increases the
danger of a world conflict.
P. Laplnsky, writer of the attack,
was vague and obscuro about the
contention- that the possibility of
world conflict was Increased, but his
article reflected the official .disap
pointment here that both the major
political parties of the United States
Ignored the recognition openly and
clearly, and the general confusion
surrounding It, "show not only an
immovable class Irreconcilability to
ward the establishment of normal
relations but also the Instability of
United, States policy," the. article
Bald.
"The main source of this policy
lies In the fact Its political, regime
is old and decomposed. One of the
elements in the great reduction of
the United States trade balance Is
the decrease In American export of
the U. S. S. R.'
"Only children could contend that
recovory from tho depression Is pos-
(Contlnued on Page Two)
Unable to Take
Dudley Rankin
To West Oregon
WALLA WALLA, Wash.. Aug. 16 W)
Dudley Rankin, La Grande aviator.
critically Injured when pinned be
neath his plane at tho Walla Walla
airport, cannot be moved from the
hospital, his brother, Tex Rankin,
Portland filer, said today. Physicians
have been unable to examine Ran
kin to determine , the, exentr or his
injuries but his brother etttd hiaxon,-'
dltlon, while critical, appeared slight
ly Improved.
Tex and Dick Rankin arrived from
Portland late yesterday In a large
plane In which they hoped, to take
their Injured brother there. They
spent the night with him in the hos
pital and said today they will re
main with him until he Is out of
danger.
Dud Rankin has flown planes 11
years without a single serious mis
hap yet hiB Injuries yesterday re
sulted from a fall of three feet by
his ship on which he was repairing
a landing gear.
UNDERNEATH PLANE
According to reports from Walla
Walla received In' La Grande today.
Mr. Rankin was sitting on the ground
Immediately under the motor of his
plane when the brocos slipped and
tho full weight of the fuselage and
(Continued on Page Six)
Schell Circus
Will Show Here
Tuesday, Aug. 23
The blaro of bands, tooting of
calliopes, roaring of wild animals,
lumbering of elephants, cumbersome
camels, ontlcs of tunny clown, pretty
girls riding dancing and high strung
horses, peanuts and red lemonade
are coming to this city again. -Tuesday,
Aug. 23 Is circus day In Lo
Orahde for on that day, Schell Bros.,
trained anlmol circus will give two
performances afternoon and. ovoning.
This circus .comes here highly rec
ommended as being a high class olr
cus In every respect, Its performance
being given In three open rings and
(Continued on Page Six)
- v
Democrats Meet
Donough At Train
"Everything Is rosy," Carl C. Don
ough. Oregon state Democratic chair
man, slated when he passed through
La Orando yesterday, accompanied by
Mr. Starr, chairman of Washington,
en route to Portland after a trip to
Washington, D. C to confer with
James A. Farley, national chairman
A large delegation of local Democrats
were at the train to meet tho travel
lers who told them that tho cast and
middle west seemed to be strongly
In favor of Franklin D. Roosevelt,
Democratic candidate for president,
Fined $25, Costs
In Justice Court
Jean Plunkett was found guilty
yesterday! afternoon by a Jury In the
Justice court of setting fire -to debris,
without a permit from a forester or
a fire warden, within one-eighth of
a mile from forest land during the
closed season. The Jury recommend
ed leniency and Mr. Plunkett was
fined 25 and costs by Judge L. Den
ham. The defendant will appeal the case
to the circuit court, he notified Judge
Denham.
FAIR TO BE
STAGED HERE
SEPT. 20-21
Home Products Show to
Be Combined With
Grange Again. '
PREMIUM LIST IS
PUBLISHED TODAY
Held to . Stimulate Home
Production, With Coun
ty, Grange and Chamber
Supporting Event.
The third annual grange fair and
the fourth annual home products
show, sponsored by the granges of
Union county and the La Grande
chamber of commerce, will be held
again this fall on Sept. 20 and 31 at
the L. D. 8. Recreational hall. Held
to stimulate home production, pro
ducts from the farm of the county
and from local manufacturers are
combined In the d Up! ay a.
Men of the county who are respon-
slble for the success of the show are
J. D. Woodell, J. B. Wltherspoon and
R. 6. Mccormick, of the county fair
board; Ralph Comstock, Raymond
Waelty, Mrs. George Cusick, ( Mrs.
Frank Whit ten, Charles Moore, Mr.
Woodel.1 and Roy Gekeler, grange fair
committee; and Gene Walker, H. F.
Tyler, Lyle Kiddle, H. O. Avery, Ern
est DeLong and A. w. Nelson, cham
ber of commerce committee.
DIVISION 1.
First prize -.1 : 35.00
Second prize 30.00
(Third prize 30.00
Fourth prize 30.00
Fifth prize 15.00
8ixth prize .. 16.00
Seventh prize 16.00
Most artistically arranged display:
first prize 910.00; second 16.00.
Best farm display; first ' prtee
. (Continued on Page Four) ;
V--. ' : ' ' ' ;-v-
BORAH IS URGED
TO ENTER RACE
Dr. Clarence True Wilson
and Leigh Colvin Peti
tion Idaho Senator.
BOISE, Ida., Aug. 16 W) Again
Senator William E. Borah has been
asked to run for the presidency, this
time by Clarence True Wilson, chair
man of the board of temperance and
public morals of the Methodist Epis
copal church, and Leigh Colvin, na
tional chairman of the prohibition
party.
Borah said he had no comment to
make. '
Borah was tendered the renewed of
fer to head the prohibition party
ticket at a conference here last night
, (Continued on Page Six)
SCOUT COURT
OF HONOR TO
BE HELD HERE
A Boy Scout court of honor will be
held 'Wednesday evening, Aug. 34, In
the basement of the Methodist
church, Elmo Stevenson announced
this morning, and awards will be
made to those boys at the boy's camp
who qualified but did not receive
their merit badges, and for other Boy
Scouts who have passed the require
ments. A board of reviews will prs
ccde the court of honor and will open
at 7:30 at which time only those ap
plicants who did not attend the
or those who have completed their
requirements since that time will be
passed on. The court of honor will
open at 8 o'clock.
The awards will be made by A. W.
Nelson. R. F. Murphy, Charles Reyn
olds, Harvey Carter and Elmo Steven
son,
Iowa's Farm Strike Spreads
Six of 23 Escaped Convicts Taken;
Remaining 17 Cause Reign of Terror
GRANITE. Okla., Aug. 18 WV-SIX
of the 33 convicts who broke from a
state's reformatory cell block Sunday
night were locked In solitary confine
ment today while authorities In many
cities kept a sharp lookout for their
17 comrades.
Two more were recaptured at mid
night after they had attempted to
steal a motor car near Altus. One of
them was Jack Barnard, serving 10
years for a Bethany bank robbery,
and regarded as one of the leaders
of the daring break. . The other was
Finis Beard, serving 6 years for auto
theft from Carter county."
Reports of the depredations of the
fugitives, described by one guard as
ACTRESS IS
MENTIONED!
WALKER CASE
Name of Betty Compton
- tt ( t ii i nrii.u
unoiiiciany.uiiiK.eu vyiui
"Unknown Person."
NEW YORK MAYOR
ON STAND AGAIN
Walker, in Answer to
Questioning By Gov.
Roosevelt, Admits- Mys
tery Person Was Woman
EXECUTIVE CHAMBERS, Albany,
N. Y., Aug. 18 VP). The name of
Betty Compton, the actress, was un
officially linked with the "unknown
person" of the Walker Investigation
today when Mayor Walker, answer
ing reporters' Inquiries If It were Miss
Compton,' replied:
"Who do you suppose It was?"
"You told some reporters during
the noon recess that the 'unknown
person' was Betty Compton, did, you
(Continued on Page Four)
HENRY EKVAL,
OF U. S., SLAIN
NEAR SAINFU
PEIPING, China, Aug. 16 PH-Lleu
tenant Robert H. Soule, assistant
military attache at the United States
legation, reported from Sainfu today
that Henry Ekval, an American em
ployed by. the . China. United StateB
Motor company of Hankow, had been.
slain by Chinese soldiers near Salnxu
last month. v
The legation forwarded its third
protest to Nanking and to the Shensl
provincial, authorities urging prompt
steps to apprenena vne cuiprits. :
Bkval, disappeared on a rpotor trip
from -Kaittau . province m in Western
China to Sainfu, the adjoining prov
ince on the east, and was last re
ported on July 23, twenty miles from
Jiis destination. He was accompanied
by Rev. o. D. Torn vail, of the Swedish-Scandinavian
Alliance mission,
with headquarters in Chicago, and an
unidentified Japanese.
Lieutenant Soule said his investiga
tion indicated they had been robbed
and mfurdered by Chinese soldiers
who threw the bodies Into an. aban
doned well. . '
Di Zook Leaves
Oregon For Home
PORTLAND, Ore., Aug. 16 (
Non-committal, his thoughts and
conclusions kept strictly to himself,
Dr. George Frederick Zook, president
of Akron. (Ohio) university, left for
his home last night after having In
spected Oregon's Institutions of high
er learning at the invitation of the
state board of higher education. Dr.
Zook was asked to visit Oregon with
the view that the position of chan
cellor of higher education might be
offered him.
He had conferred with all members
of the board before he left last night
except Herman Oliver of Canyon City.
Oliver was to board Dr. Zook's train
at Baker today and ride some distance
with him while they discussed edu
catlonal matters.
William A. Wade
Dies in Pendleton
William A. Wade, one of the old
est conductors In point of service on
the railroad here, died suddenly yes
terday at his home in Pendleton,
according to word received today.
Mr. Wade went to work for the rail
road as a brakeman In 1905 and
was promoted to the position of con
ductor which he held until tne time
of his death.
Particulars of the death had not
been received here this morning.
Including some of the "toughest" at
the prison, added to the fear of the
dwellers in this plains and mountain
country near tho Texan border.
A youth was stabbed, another shot,
a 17-year-old girl choked by two fu
gitives who attempted to assault her,
and several other . persons were kid
naped and their cars seined by the
fleeing convicts, who used a smug
gled pistol to overpower a sergeant
and two guards Sunday night.
Four of the 33 who escaped were
recaptured yesterday soon after Mrs.
Oeorge A. Waters, warden, had re
turned to the prison. She was absent
during the break. Mrs. Waters dis
charged two guards for negligence.
ONE RISING THERMOMETER THAT'S POPULAR
1
Son Born To Lindberghs
National Grain
Corporation's
!' CHICAGO, Aug. 16 (Etched
In statistics and figures, a rosy pic
ture of the Farmers National Grain
corporation's activities, for the past
year was presented to stockholders
In annual session here today.
Reviewing the past, officers pre
dlctediOiltlmate success for the corporation.-in
the face of attacks and
adverse criticism toward Its activities.
.George S. MUnor, general manager
of the corporation, reported that for
the fiscal year ending May -31. the
corporation - purchased and handled
In excess of 148,000,000 bushels of
grain, not Including that purchased
from or handled for tho Grain Stab
ilisation corporation.
Merchandising policies of the cor
poration, MUnor said, not only had
(Continued on Page Three)
3 Men Indicted
Because of Part
In Bonus Riots
WASHINGTON, Aug. 16 (F) Throe
men were Indicted by a grand Jury
today for their part In the fighting
between veterans and police which
led to tho ejection of the bonus army
from tho capital at th6 point of army
bayonots.
Police said one of the men Indict
ed, Broadua Faulkner, 33, a Kentucky
negro, had served a prison torm In
Michigan for breaking and entering
and that he was sentenced to 00 dais
this year In Philadelphia as a profes
sional thief.
Faulkner was charged with fel
onious assault upon Patrolman John
K, winters. Bernard McCoy, 38, a
Chicago bricklayer, also was charged
with felonious assault and assault to
kill upon Patrolman James E. Bcott.
ScsTt was badly Injured In the fight
ing which preceded tho calling out
(Continued from Page Six)
More Officers
Are Sworn In To
Maintain Order
810UX C1TT, Is.. Aug. 16 Wl
Armed forces of the law were or
ganized today to maintain order In
Iowa's farm strike, whllo leaders of
the movement sought Ite spread to
other states,
Officials and civic leaders called
for the deputizing of 100 unemployed
men to guard the highway against
any outbreaks of violence. Their
decision followed rejection of a plan
to auk for declaration of martial law
to deal- with the situation, which
(Continued on Page Bli)
BOTH MOTHER AND
BABY DOING WELL
Birth Brings Happiness;
Back to Home Long
. Darkened by Tragedy
LINDM2KG-II FAMILY DATED
By the Associated Press
Feb. 4, 1002 Charles A. Llnd-
bergh born at Detroit.
June 33, 1006 Ann Morrow
born, $
May 30, 1027 Lindbergh
flight, Now York to Paris.
May 37, 1020 Col. Lindbergh
and Anne Morrow nvtrrtod $
1 at Englowood, N. J. t
Juno 22, 130 First baby,
Charles A. Lindbergh Jr., t
born at Englewood, N. J.- 4
Mar. 1, 1032 First baby1 kid-
naped from Hopewell, N. J. 4
May 13, 1932-L-Body of first
baby found near Hopewell.
Aug. 16, 1033 Second baby,
- boy, born at Englewood. $
ENGLEWOOD, N. J., Aug. 16 VP)
Another son was born to the Charges
A. Lindberghs today, bringing happi
ness back to a homb long darkened
by deepest tragedy.
Five months and 16 days after 30-montha-old
Charles Augustus Llnd-
(Continued on Page Sli)
TWO VESSELS
COLLIDE; 19
MEN ARE LOST
LONDON, Aug. 16 W" A message
to Lloyds today from Tokyo said 10
lives woro lost when the steamer Hldo
maru collided with tho Nlchlfuku
maru on the Inland sea this morning.
The Ntchlfukumaru sank shortly af
terward. 22 MKN PCAHKI) l.OHT
MARSEILLES, Frsnoe. Aug. 16 m-
Twenty-two men are feared to have
drowned In the reported sinking of a
fast dispatch boat In tho air mall
aervlco to South America on Saturday.
The vessel waa en route from Natal,
Brazil, to Dakar, Senegal, when she
ran Into a storm. Thus far efforts
to learn the fate of the crew have
failed. . ,
Prince Murdered;
Woman Surrenders
PARIS, Aug. 16 il'i A man whose
papera Identified him as Prince Ed
gard De Bourbon was found dead In
a hotel room today, his throat slashed
by a razor.
At about the same time a Spanish
woman who gavo nor name as Con
dolarla Brau-Holor appeared at police
headquarters and said sho had killed
the prince after a quarrel during
which he threatened her with a razor.
She killed In self-defense, she said.
Police said the quarrel grew out of
an alleged discovery by the woman
that the prince had married an Amor
lean girl whose Identity was not Im
mediately determined.
Tenant Farmers
Suffer Most In
'Southern Storm
HOUSTON. Tex.. Aug. 16 MV-Teh-
ant: farmers were the principal suf
ferers of the hurricane which swept
southern coastal. Texas Saturday
night and Sunday, taking at least 36
lives.
Belief-workers estimated more than
1000 .persons were destitute. Emer
gency stations continued the treat
ment of the. Injured, estimated by
station attendants variously from 200
up and In most cases requiring only
first aid. .
The -Red cross and' Houston relief
societies furnlBhed food and other
necessities. The government ordered
the, coast, guard cutter Unalga from
Fort Laudordale, Fla., to aid In relief
work, - . ": " - '
.Agricultural authorities said the
damage to crops .would run Into mil
lions,) with' cotton and rice estimated
to be damaged to the extent of 2,
000,000. 55 Leaders Agree
To Aid Unemployed
NEW YORK, Aug. 16 VP) The na
tion's idle took aj new grip on hope
for relief today with tho announce
ment that 66 of the country's Isad
ora had agreed to serve on a com-
ml t too to give aid to the unemployed.
Former Qovornor Alfred E. smith,
Secretary of Commerce Roy D. Chap
In, Owen. D. Young and Thomas W.
Lamont are Included In the group
drafted to form tho membership of
the national citizens' committee for
the - welfare and roller mobilization
of 1032. Former Secretary of War
Newton D. Baker la chairman.
Hoover Continues
His Fishing Trip
WASHINGTON, Aug. 18 ,W Fish
erman Herbert Hoover again today
kept Prosldont Herbert Hoover vaca
tioning.
On Chesapeake bay the president
fisherman spent the night aboard the
110-foot commerce department boat
Sequoia. Whether he ate for break
fast some of tho "nice mess" of trout
and blueflsh the White Houso hore
said he caught tho newspapermen
couldn't find out thoy were respect
ing his wishes and keeping their boat
far enough away not to bothor him.
Nobody had said definitely how
long the president would continue
his cruise.
The- president Is expected to re
turn , to Washington tomorrow and
leave soon afterward for his camp In
the Blue Itldge mountains.
Second Bombing
l1n Tientsin Today
TIENTSIN, China, Aug. 18 UP) A
second bombing Incident hero today
was expected to bring another pro
tost from the Japanese government.
Two bombings were thrown Into
the Ohlncso ohambor of commorce.
Like tho bombing of tho prrlnclpal
department store In the Japanose
concession recently, today's Incident
was linked with the campaign against
the purchase of Japanese goods.
No one was hurt,
STOCKS MOVE
ABOVE PEAKS
OF RECOVERY
Gains Made in Wall Street
Today in Spite of 1
Waves of Selling. ..-
U. S. STEEL CLOSES
AT $43.12, UP $3
Wool Growers ' Hopeful;
Hosiery Malls. Increase
Wages; Furniture Firm
Speeds Up. . . J...
NEW YORK, Aug, li m In th' '.
face of successive waves of selling,'
the stock market forged ahead today,
pushing a number of Issues, parttcu-
larly rails, above the peak levels of .
the summer recovery reached last )
week. - ,' .v ;,
An excited nurry of ehart covering.
In which shares were traded in blocks,
of 1,000 to 10,000 shares, gave the list ,
boost ol II to IT share In the .
morning. This upturn was about half
loat In a slow decline. In the after-,
noon, only to be partly restored in a ,.
last minute upturn. The close found
many prominent Issues up tl to mora- .'
than M.a share.; .. .,-'".(-; j'v ' '! t -
Bonus -movea -upwniu aBfu,tu. r
celerated'. tradlrtg, and In- over the, ,
counter market, bank and Insurance' '
tlal gains A number of miscellaneous;
commodities were again, firm, with!- -.
cotton reaching uw highs for the re-' '
covery. '-"; -7v:';'fl -r.'-.' 1
V. B. Steel closed at 148.13, up 3,' .-
after having touched 4lr at the open.'
Ing. when a block of 10,000 shares) - ';
was bought. .American . Telephone, ,
finished at el 14, up e4.3J; American 1
Can at (64.87, up 2.aa; Westlnghouse :
at I3B.38, ; -..upvM-a: ;Sant .Fe -at;;;.'
50.12. ud 3. 12: . Union .pacific - at. :
71.60. uo 4.78: . and Coca- 6oU t ,'
S88. up 12.60.. Allied Chemical, aitw, '
Oaoe... after .touching-. 8fl,,:closd ;.t . ' -
66, up 3, . Sales approximated , !
wv.uuu rmarcif. . -
The cotton market rose nearly tl ' '
a bale to new highs tot the recovery,,' t
but lost part of ,lts rise, closing with ,
(Continued on Pag Four)' '
15 KILLED IN
REBEL-FEDERAL
BATTLE TODA Y
BIO DE JANEIRO, Aug! 16 Wl'.-rf1,
Fifteen were killed and many wound-'
ed In a battle between federal and
robel troops on 'the southern front,
according to reports received here,
from General Waldomiro Lima, th:
federal commander. '.
The federal leaders claimed to have .
taken 2000 prisoners during the SIX;
weeks of tho revolt. . ', '
Eleven rebels wore reported yester
day killed In a battle at Taboado, on
the Parana river. ',
General Goes Montlero, commander
of the federal forces, reported from
Queluz today he had started a drive
on Cruzeiro, supported by heavy ar
tillery and fresh troops.
Will Investigate
Fire in Portland
PORTLAND, Aug. 16 (ff) Damage
estimated by the owners at 12, 000 '
was caused here last night when fire i
swept through the Lee warehouse
whore mill supplies and equipment
are stored.
The fire broke out 24 hours after '.
flames, believed to have been of In- ,
cendlary origin, destroyed the old (
Vernon school hero with loss of 660,
ooo. Firemen said there was no appar- '
ent cause for tho warehouse fire and.
further Investigation will be made.
CHICAGO, Aug. 16 (IP) Swinging
loose from stock market control,
wheat prices turned backward late
today, and much moro than lost all
of an early advance
A bearish element was vanishing of
export demand for United States
wheat, whereas the largest overseas)
buslneca In some time was put
through from Canada, Ay the ' high
point today, wheat waa almost 3o
above Saturday's low point.
Wheat closed unsettled, lV4o
under yesterday's tlnlBb, corn un- ;
changed to V,aa lower, oats 549
o off, and provisions unchanged to '
a rise of 20 cents,
PORTLAND, Aug. 16 VP) While ,
tho May option was up Mo today. .
December was unchanged- and. Sep
tembcr a lowor. This gave tho cash
committee on the merchants ex- t
change a chance to cut the price of .
spot wheat Y,a bu. all around. Sales .
n' fittur-M InnltiriArt fl4 DOO hll' tnUfih
of tt being changing from September 1
and December. . i Ij.jj
Wheat Today j
I