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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Nov. 16, 1932)
Faw Eisrhf TX GRANDE EVENING OBSERVER. UK GKXNTFE. PRE. WeanesJay, Kovemfer 16, 1932 Weather Causes Two-Cent Gain In Egg Prices PORTLAND, Nov. 16 W) Market for eggs was today governed entirety by weather conditions. Trade In egg j was a weather affair generally and sharply higher price 2o dozen all around for the day, suggests a radl cal change In temperatures In the bigger consuming sections. Freezing weather In the midwest la the cause of a great decreooe In offerings from that section and this has resulted In a further sharp upward shift of east ern values. The advance of 2c dozen named by E. J. Dixon, general manager of the Pacific co-ops, was In line with con ditions ruling elsewhere. The demand for fresh eggs Is gaining and produc tion decreasing generally. The new price of extras here Is 20c dozen. which Is being generally maintained for fresh stock although some sellers are quoting a fraction leas on eggs said to be a trifle undergrade. Market for butter continues to re flect liberal activity and additional Btrength from day to day. Mare is decreasing at many points and this is creating a wider movement. No fur ther price change. Market continues more or less un changed for live chickens with weak ness apparent only in the springers which are still quoted at the all-time low price record. More than passing strength is re flected for country killed lamb and sales ar0 quickly made 0c for top stuff. Demand for ewes Is goo:, around 3c and even goats are finding a real call at, the moment. Trade In the country killed hog and veal markets Is about steady with fair activity in hogs but an Increase In veal supplies was too much for the trade to take care of Immediately. Apple Hale Gain There is a slight gain In volume of apple sales locally. With decreasing stocks of Jumble pock, there Is a slight Increase In the movement of face and fill. In places 6 to 10c. has been added to the price. Another advance of a nickel or so a cental is confirmed for potatoes both in the Deschutes and In the Yakima territory with a similar rise being quoted to retailers by whole- salers. Tops of Deschutes up to tl.OS. There is an acute shortage of wine grapes at the moment and especially Callfornlan. Efforts are being made MARKET NEWS OF THE DAY CaiCAOO WHEAT Oprn Hlfh I.OW lce 4S9AtH4 Ati'A AiVt A9AX May mi a mil .w-ti .411 .411 a. so Inly S154 JHS4 M AOKOMft CDICaOO CORN Opmi Hlfh low Clam I" - ii9 - m :i ""y '" 1 .31 MV .3''; Inly 3)4 .33 - .33.33 ,33! lire. Muv , PORTLAND WIIKAT Open nlrh Lna CIom . M AH ,4 .4.1 . AUK AD AU .4!) Resources of 6085 American Banks Increase $198,284,000 In 3 Months WASHINGTON. Nov. 16 VP) Thelcounts, of 308.3B4,0O0. a total of $1.- Stock Market In ,350-600 lbs. good tnd.cholce 3.15 I th'. common ami medium UfillH I Drag ay Session H 480: uht 11hu ,4- 1 100 iba. good, choice 13.SO-M.36: 160-' . .. ,,, . J180 Bood and choice 44.24;' NEW VORKNoy. 16 WWThe stock 18o-S0O lbs. good and choice Ma' market dragged downward today, clos- 4 25; mKjlum welght a0o.2a0 ?ar". , T tht. qUlet " 'sood and Choice 3A02S: 220-260 ?i , . iT " fomo leoder. ran lbJ. eood and cholce ,3.26 4; heavy, from 1 to 3 points n a turnover of veiu a69.280 lbl. g00(, cnolcj! approximately a mill on shares. '3M; 290-360 lbs. good and Closing figure, of 14 of the leading che ,2J683.76: packing sow. 276-, ., " 1000 ids. medium and good 2.76a ILSlzr?. :::::::::::::::: ,Z?2 70-13 Bethlehem Bteel ......17, sheeD and lamb. 160: stead. I n0,,m ' i?S Lamb. 90 lbs. down, good and choice n " 22 S MJS684.60; medium .50 8 4.25: all Montgomery Ward .... 13 year- Notes of whole trading: Lcmom are down another half dol lar a case. And caster. Quality of navel oranges is a great aid to sales. Tomato market is firm with quality stuff very scarce. Demand for cauliflower has further lifted the carload buying price here by track sellers to secure more but i but eastern sales arc a trifle off. they claim that the wineries of Call- Fresh salmon continues scarce and: fornla arc taking everything In sight, I prices ore again fractionally up. comptroller of the currency reported Tuesday that the 6085 reporting na tional banks in continental United States, Alaska and Hawaii hod re sources of (22,506,605.000 on Sept. 30, an Increase of $108,284,000 over the previous quarter, but a decrease of 3.180.G00.00O from the same quarter Of 1031. Loans and discounts, including re discounts, on Sept. 30, amounted to 40.919,062,000 and showed decreases for the three and 12 month periods of 9302.014,000 and 92,560,273.000, respectively. Investments in U. 8. government securities of 93.662.600.000 showed an increase of 9310.003,000 since June 30, 1032, and an Increase of 9373.402.000 since Sept. 20, 1031. Other bonds and occur 1 ties held amounting to 93.780, 623.000 showed a decrease of 963,363. 000 since June 30 and a decrease of 9509,393,000 in the year. Iw Cap HiU stock Capital stock paid In totalled 91, 503.232.000 which was 95.751,000 less than Tn June, 1932, and 903,142,000 leas than in Sept.. 1031. Surplus funds of 91,205,039.000 and net un divided profits, excluding reserve ac- 514.323,000, showed decreases In the three and twelve months periods of 947.623,000 and 9411,442.000. respec tively. National bank notes outstanding amounted to 9743,060,000 In compari son with 9652,166,000 on June 30, and 9631,560.000 on Sept. 20, 1031. Deposits on Sept, 30, 1032, aggre gated 917,681,017,000, showing an in crease since June of 9221,004,000, but a decrease In the year of 92,697,467, 000. Total deposits on the date of the last call Included balances due to correspondent banks and bankers and certified and cashier's checks out- 3tanlng of 93,221,081,000, United States deposits of 9374,150.000, other demand deposits of 97,848,753,000, and time deposits of 97.237,033,000. The latter ftgure Included deposits evi denced by savings pass books of 95, 035,483,000, represented by 13,875.678 accounts, time certificates of deposit of 91,013.744,000 and postal savings of 9522.039,000. Bills payable of 9337.262,000 and rediscounts of 9106,382,000, a total of 9443,644.000, showed a decrease of 963,246.000 since June, but an in crease of 9119,446.000 since September of last year. The percentage of loans and dis counts to total deposits on September 30 was 66.10, In comparison with 50.88 on June 30, and 01.24 on Sept. 20, 1031. Reporting national banks on &zp. 30, 1932, showed a decrease of 573 during the year. lU'TTKKFAT SAN FRANCISCO, Nov. 16 fAV-But- terfat f. o. b. San Francisco 24c. J. C. Penney Public Service of N. J, Southern Pacific Union Pacific United Aircraft United Corporation 8 U. S. Steel 35 liner wether AOtallO lbs mprtlnm tr. lu 'cholce tl462.85. Ewes 120 lbs. me "dlum to choice 91 1.25; 120-150 lbs. 5 medium to choice 7 5c 91.25; all !av weBhu. cull to common 60 75c. PORTLAND CAHII PORTLAND, Ore., Nov. 16 UP) Cash wheat: Big Bend bluestem 564c. Dark hard winter 12 per cent 64c. Dark hard winter 11 per cent 52c. Soft white 45'c. Western white 44c. , J' Hard winter 45c. Northern spring 44&C. Western red 44c. :' Oats: No. 2 white 917.00. Today's car receipts: wheat 27: bar ley 1; flour 4; corn 3: oats 2, CHICAGO LIVESTOCK CHICAOO, Nov. 16 (U. S. D. A.) Hogs 20,000; active 1020 cents higher: 140-280 lbs.nt3.506 93.60. Cattle 11,000; largely fed steers and yearling run; weighty offerings rela tively scarce, steady general trade dull, weak to 26c lower; weighty I beeves 96.50 97.60; common grade aiders f,uu(Do.uui oeui. iea neiiers 96.50; vealers 94 26 95.25. Sheep 12,000; steady to weak, na tive lambs 96.60(396.76; native throw- louts 93.50 94.26; fat ewes 91.60 g '92.25. PORTLAND PRODUCE PORTLAND, NOV. 16 W) Eggs Pacific poultry producers' selling prices: fresh extras 29c; standards 27c: mediums 26c; pullets 22c dozen. Potatoes Local 65 a 76c orange box; Deschutes Gems 91.00 91.05; Yakima Oems 70 fa 00c cental. Butter, butterfat, live poultry and country meats unchanged. SUGAR AND FLOUR PORTLAND, Nov. 16 OP) Sugar cane, granulated 94.60 100 lbs.: beet sugar 94-30 100 lbs. Domestic flour Selling price de livered: patent 49s 96.60; do 98s 95.30; bakers' bluestem 94.10; soft wheat pastry patent 93.40 95.20; Montana Onions, wool, hay, mohair, nuts,'"" V-mwn5 so.au; fMiKMi-i. hfirlr nnri hnn niintntr.ra nn. trt.uv.. changed. rye OMAHA SHEEP . OMAHA, NOV. 16 OP) (U. S. D. A.) Sheep 6,600; lambs 26c lower, sheep PORTLAND LIVESTOCK PORTLAND Ore.. Nov. 1(1 JPi Cattle 75. calves 10; steady except for I0- nigner; naxive anu steers which are slow, weak. Steers wmw a.wo; ewes 600-000 lbs. medium 94.60a95: com-,1'0' mon 9394.50; 900-1100 lbs. medium! . . ' , " " UlVllfK.MJ UhLLAKKU 94.60ft 6; common 93 4 4.60; 1100-13C0 lbs. medium 94.00 w 94.50. Heifers 550 850 lbs. medium 93.60i4.26; common 92.60 3.50. Cows, common and me dium 92.25 e? 3; low cutter and cut ter 91 2.25. Bulls (yearlings ex cluded) good and choice (beef ) 92 2,50; cutter, common and medium 91.502. Vealers (milk fed) good and choice 95 13 5.50; medium 93.75Q 6; cull and common 92 & 3.76. Calves I NEW YORK, Nov. 16 m The Am erican Telephone and Telegraph Co. today declared n regular quarterly dividend of 92.25 a share on the capi tal stock, thus maintaining the 99 annual rate. j (Ms? R, FAVORS CO-OPERATION AVITH LEAGUE of .Continued from Page One) eequently are equally respectful such sentiments in other nations." 1 Favors Co-operation I Mr. Roosevelt was further quoted j as saying America should co-operate with Europe and the League of Na I tlons, terming the latten the greatest tion of peace and the solution of problems formerly unknown to civ ilization. .-, 1': ! I j 'Without ehteiihfe European poll- tics." the letter was quoted, "America should take an active, serious, and official part. In all procedures under taken in the Interest or humanity's general welfare." Regarding the problems of the American countries, the president elect was quoted as saying when help was needed by a country In dif ficulty that it was the duty of the United States to associate herself with other American republics to study the problem together, and if conditions demand it "offer aid In the name of America." Viscount De Fontenay was French ambassador to the Vatican from May, 1920, until July of that year, when he retired and returned to Paris. He became one of the founders of the International diplomatic academy and its president. ' Hughes American Member The academy embraces the diplo mats of most of the nations and among the American members Is Charles lDvans Hughes, chief Justice of the United States. Further on Latin American affairs, Mr. Roosevelt was quoted as saying: "Tho peace, security, Integrity and Independence of every American re- public is the interest of the whole world, not Just the United States. It is possible that In the future some of our sister nations might come upon bad days, that disorders and bad government may make tempor- ary aid necessary to restore calm and ' stability. "In such a cose It la not only the right but the duty of the United 1 States to study these problems Intel- ! llgently together with other American ' republics, and If conditions demand, I to offer . assistance In the name of the Americas." 1 z?rrf?yi-si it I j. : I You : ....... x i b e I it ant 1.1 VvN".:" ' Ami i' y sas.app(.B!S I ft Liccirr & Myrw Tobacco Co. know liow it is. If a cignrotte is mild tlutl. is, not or hiltiT, but smokes cool nml smooth then you like on t worry about how many or how often you smoke, if it tastes ridit that is, not oversweet. not Uni on enjoy it till the more. right kind of ripe, swett Domestic and Turkish to .the right ageing and bl.-nding. .. make Chesterfields milder, better-lasting . . .They Satisfy! PRINCE OF WALES DEDICATES BUILDING (Continued Prom Page One) At the head of the royal proces sion was a car filled with armed de tectives watching for any signs of unrest, grim armored cars rolled along at intervals In the parade. Frntnlxe Fulfilled In his dedication speech, the prince recalled Ulster's heroic part in the World war and Great Britain's prom Isa to provide a building "worthy of tho people of Northern Ireland." Ho said this promise was today fulfilled, j "It is my father's earnest prayer," he said, "that you will meet all of J those difficulties which confront the world as well as your own special problems with tho courage, tenacity. ! loyalty and devotion which has always . characterized the men of Northern Ireland and made them famous in tho annals of the empire." 1 The prince brought a brief greet-' Ing from King George. Tho prince's speech was to have been broadcast but the plans were cancelled. Instead It was carried to tho crowd by loudspeakers. j Tho Ulster nationalists took no part In the ceremonies. I Pour persons were seriously In-1 Jural when the roof of a coal shed collapsed. The roof was overcrowd- ' ed by an anxious group of onlookers who were straining to get a glimpse of the prince as he passed. They wera taken to a hospital where they will have a better opportunity to see tho prince when he visits hospitals - WHIZ! BangrWc sent order after order sailing into the markets aimed skilfully and timed right! And did they find their marks? Well, look these values overt Do you remember anytime or anyplace that 98c bought their equal? This Fall is just the time, we thought, to show this town something really spectacular in the buying power of 98c! So weeks ago we started! And now that the job's done are we happy? And will you be glad? That's why we say COME ALONG! We want you to gloat with us over these bull's eye HITS these indis putable, record-breaking savings! Part Wool Single Blankets Satlne bound, plaid patterns. size 72 x 80 . Seamless Bleached Sheets Long wearing, full 81 x 90 size. Two for White Daisy Outing Flannel Heavy twill weave, 27-inch width. 10 yards for . Terry Towels - Extra Heavy White and colors 22 x 48 Double Te ry. 4 lor Double Plaid Cotton Blankets Large size 70 x 80. Heavy, i warmly fleeced, each - '. Nation Wide Yard Wide Outing Heavy quality, dark and light colors, 8 ycs. for Women9 8 Charondize Rayon Undies Vests. Bloomers, Panties, Briefs, S for Women's Rayon and Wool Hose Warm hose for winter. Wanted colors, 4 pairs - Winter Union Suits for Girls Wanted styles In warm cotton suits. 2 for i:... 98c 98c 98c 98c 98c 98c 98c 98c 98c j Galoshes j ' Black and Bjown j . Wanted Heels & . Sizes for 1 Women Women's Women's Outing Gowns . Heavy Striped Outing Flannel Regular and) Extra Sizes Full Cut Two for 98c ajr Tailored . . k7 or Trimmed! I f Knit Rayon 1 NIGHTIES 8 50 inches lonf ' H " (p)Qc Sfae.1 -V - I Corseis - Girdles - Combinations Lady Lyke Foundation Garments at Economy Prices , Fast Color House Frocks Attractive fall styles v and colors, 3 for Women's Pull-on Leather Gloves Plain and trimmed Btyles, sizes 6 to 8 New Plaid Printed Silks Newest designs in winter colorings, yard Women s Fitted Rayon Combinations Brassiere Tops Elastic and band bottoms Tubfast Frocks for Girls Attractive colors and fine print fabrics, 2 for W omens Cotton Union Suits Knee length, sleeveless, ' uhyon striped, 2 for Full Size, Terry Hand Towels Good quality terry with striped borders, 10 for '. i..J 98c 98 c 98c 98c s 98c 98c 98c 98c . Full Fashioned Silk Hose ' Wanted Fal Colors Tail's 98c Printed Rayon Flat Crepe New Patterns and Colors Yards 98C Misses' . Cotton Union Suits Medium weight, Button Style Three For 98c Fast Color . Printed Flannel Attractive Patterns and Colors Yards98C Children's Shoes Oxfords Strap Slippers Sturdy FoolwKir witli Composition Out soles and Dumblo Vppers 98c Work Shoes 98c Boys' Value Overalls Buy now Save. 3 Pairs Men's Dress Shirts Fast colors well QfJ nmde, 2 for if ut Men's Winter Unions Good weight cotton. QQ 2 for tOt Boys' Winter Unions Henvy cotton, QQs ribbed. 2 for t91s Boys' Cord Longies cream and 98c dark colors .... Hoys' Tweed Knickers Elastic waist QGj" and cuffs "Ov Hoys' Dress Shirts Fast colors, .weli made. 2 for Hoys Sweaters Slip-over and Jacket styles 98c 98c Long wear Ing composi tion outer soM with durable retail uppers. Buy now and save. Men's Heavy Work Rubbers Du able grey soles, heavy uppers . Men's Warm Lined Gloves Good quality cape leather. The pair '98c: j I Fine fells smartly styled I in a great variety of ne j I shapes and wanted col- ' Men's Fleeced Work Sweaters Tweed mixtures with knit bottom and cuffs Men's Wool Mixed Union Suits A warm heavy grey union for winter Men's Heavy Outing Gowns Made from Amoskeag ( Tcazeldown Men's Heavy Cotton Work Pants Durable cotton twill black . and white striped Men's Oxhide Bib Overalls A great overall value, sizes 32 to 42 wnlst. 2 for Men's Warm Flannel Shirts Heavy cotton nannel. washes and wears well . Men's K 7 arm Winter Cods Dress and work styles. In bands tf;WrMf Dress and. work styles. ftrVW J 98c 98c 98c 98c 98c 98c 98c 98c on Friday.