East Oregonian : E.O. (Pendleton, OR) 1888-current, December 11, 1920, DAILY EDITION, Page PAGE FIVE, Image 5

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    DAILY EASf-OREGdJnAN'.' $faUlT6w- 6itfe00Hrl'' SittJUtfAY EVENlWG,"ll)ECEMBEErf l.'iob.'
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People Here and There
NEWS OF THE C0UN1Y
OFFICES AfD OFFICERS
I f
After 39 years hh "nilno host-' at
Mi'mnuin, lion F. Murlln In now
farming 40 acres In the Mission region,
lie sold hln hotel to 'Karl (.inlanders
pml the establishment win be under
tho management ot J. 11. Baker. Mr.
v--Mn ...ho i in Pendleton today, he
(anif fcngaged in the hotel businesu
leuruurj t, isuu. 1-aier, In IS'JX, the
present structure wag built.
Two handsome brothers who hear a
striking rescnifclit;?" to each other are
X, Anderson, who brought the big
hiiHkli'D a year and a hulf iikh from
Alaska, ivbw'ii Mr. Anderson whs cn
Kuged In Mining engineering, lie it
goin;r on a 10 day trip and will leave
the Uoh In Pendleton under tho care
of J, J, Chlsholm. Tho unllii'iln, which
are four vein's old. van carrv Hacks of
bring from $150 to $300 In Alaska
Dried ftalimm Is their favorite food.
Mr. Anderson, whose noma la In Port
land, returns to Alaska every year hut
ic uncertain whether or not Ir? will
lako the dogs with him on the next
trip. .
.McTai'ian Gels lteard Money
John McCartan, who was one of I we
men to capturo Kiwln L. Ktoop and
l"loyd Henderson, Jull bre-iker Impli
cated, in the Til Taylor murder, o:i
lhuisday afternoon culled for his wnr
.ant for $600 as his share of the re
7
ii) pounds each and an race dogs they!
liHve pulled heavy loads, llolh doKx
have the hroud faceii and short, thick
hair characteristic ofdogs of tho north
but Knoddike la grayish In eblor while
ward money." He was given his $50u
II. W. Collins returned to Pendleton
thin morning after spending the past
week vlaltlng his branch offices In Ke
ii tlln and Portland and looking into
the grain bushiess condition In the
cous: centers. i
oy Miss OracoXiilllam, county treasur
er. His l the first reward account
to be settled and the onlyMher one not
contested Is that of his colleague,
Harney Devlin.
Pendleton visitor today. They ure Chief's fur In a coppery yellow. II In
Chief and Klondike. Mnlcmiite dogs, I owner considers him the more valu.
mul nre urdcr the chapei-maKO of C, able of tho two. ltaco dogs he nays,
SIXTEEN PAQE3
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PHONE FOUR-ONINE FOR BETTER SERVICE
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Why Pay More?
At the present time the movement is toward
buying with greater discretion. Everyone
wants a hundred cents worth for a Dolar.
Staple Groceries are more in demand. Buy
by the case and save.
Standard Corn, per case of 21 $4.15
Tomatoes, per case of 24 $4.00 .
Milk Co-operative, per case $6.75
We guarantee this as good as any.
Potatoes, Weston Mountain, per sack. . . . $1.90
These are giving good satisfaction.
Special Cash Price on Flour during the cam
paignAsk for it
The Economy Grocery
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Harvey' VV. Hicks, traveling passen
ger agent for the O. W .11. & .v., wu a
Pendleton visitor yesterday. Mr.
Hicks and Mrs. liltfs (Leone Cans
Haer) have Just returned from an cx
t Mielve eastern trip.
Ole Aarchus, sncclul utent for the
O-W. H. & N. Co.. ut l.'matllla, re
cently Joined the Klta. Whenever
anything Is doing here, Mr. Aarchus
comes to Pendleton, If possible, to at
tend It. Last' night he came up for
the entertainment given by the local
lodge. '.,
1N3W1V3H1 Sn03J.MnOD HOJ 3NINOtinOd 3NOHJ
The new road from Havana to Helix
Is one of the best graveled roads In
I'matillu county, C. J. Carlson,, con
tractor In charge, declared today be
fore C. P. A. Lonergun, manager of
tho Warren Construction Co. Mr.
C;r1soi, 1 building a first class' road,
resident of that district will agree.
Ho Is In Pendleton on business today.
SOCIETY
,
Ilraden Gerking, who used to ride In
the Ilouhd-l'p here, Is In the city to
day from John Day, where Tie Is en
gaged In tho cattle buslnct. Gerking
shifted from horsebact to tho stage
coach one Itound-Up, Just for, the
thrill, and he got It. Ho was a mem
ber of the crew of the famous stage
coach which capsized, turned clear
over and rape up on Its wheels, con
tinuing the rare. Gerking.; however,
did not stay with the ship when It
came up and had his arm badly lace
rated. .
Telephone Credit
The telephone company will be compelled to borrow large amounts of money
in the next few years, not only to extend its service to new subscribers, but to
take care of the constantly increasing use of the service by present subscribers.
t 1 ., . , 5 . . j . .
' f
A lender in business will demand of a borrower ample security and will insist
that its value be maintained without deterioration. He must be shown that this
security has an assured earning power. He must be satisfied that his investment
is safe ; that it car? be disposed of at any time without loss and that it will bring
him a continuous return.
At the present time this company's operations in Oregon are conducted . at a
deficit. Its expenses are greater than its revenue. No return is being received by
its stockholders from their property in Oregon. Not even the interest on its bonds
properly chargeable to its Oregon properties is being paid from Oregon receipts.
With new capital scarce and commanding high rates of return, a business
showing operating results such as these will find it difficult, if not impossible,
to secure money for its necessities. '
We assume that the people of Oregon wish to treat the utilities doing business
in this state justly and fairly, and in this belief we have asked the Public Service
Commission to approve a schedule of rates increasing our revenues. The amount
asked for isrelatively small to the individual rate payer, but the aggregate will
place us in A position where we can obtain the outside capital necessary in our
operations. -
Under present conditions an adequate telephone service efficient and suffi
cient is dependent upon higher rates. 1
I THE PACIFIC TELEPHONE & TELEGRAPH COMPANY I
llillllllllllllllillilillllllllHIM
UA.VQUKT IS DKLIGHTFl'U
Green and gold, atreamers and can
dles, bright follago and great yellow
chrysanthemums decked the music
room of the high school last evening
when the Girls' Forum cnlertalned
with a banquet honoring the victorious
football team of the school. urst
and second elevens. Coack Dick Han
ley. H. E. Inlow, city school superin
tendent, Principal Austin Landreth,
Gilbert Struve, student president, Py
ron Warner, general manager, Vernon
Fowler, second general manager. John
Simpson, yell leader. Rev. G. I Clark
and R. D. Sayres were guests at the af;
fair and covers were laid at three ta-.
Mes. t,ne decked with chrysanthe
I mums, and two otners oeing uaiiaru
by green and gold shade candies, roi
led greens lined ine rooms wnere iro
phy cups were displayed and a football
lecorded names of the player and the
scores which won them rendletorl't
honors. , ' '
Three cournes were served ana a
nroer.-.m divided them, the numbers
being as fellows:
Hnni, Pnrnriv nn the Team. Miss
Mildrf d lU'gcrs, Mies Katheilne Gran-
holm, Miss Barbara Edmund and
Miss Ruth Mlnnis. (Miss Little, ac
companist.) ' 4 f
Reading, "The Inventor's Wife,"
Miss Ruth Taylor.
Piano Solo; Mini Ultlo.
Superintendent Inlow acted as toast
mustir and a piogram of talks was en
joyed. Miss Stella Mills Is president of the
Forum and hree general chairmen
who shared credit with her In the suc
cess of the event .were MIks Violet
Dunn, Miss Mabel Hudson and Miu,
Carmen .Icl.es, , -
Committees which served Included:
De-prat U nM tea Agnes Little. Miss
Laura Johnson, Misa . Mabel Punks.
Miss Gladys Cook. Miss. Nellie Oliver
nn,l Mikk V.ra AfiMibenw.
Refreshments Miss Tottie Lniog,
Miss Evelyn Mortimore, Miss Eula
Osborne, Miss MabeJIe Stickler and
Miss Lucil Pearson.
:' Serving Miss Irva Dale, Miss Em
ily Dohnert. Miss Lois Swaggart, Miss
Ruth Know, Misa Clherine McXary,
.Mi.s Ruth Douglas. Miss Eula McAtee.
Miss Grace Blanceit. Miss Marjolie
Boyle and Miss Edna Murphy.
Enlf rtnlnnient Miss Marjorie Mc
Monies, Miss Beulah Tenney, Miss
Martha Hcgue, Miss Rhea Hawks. Miss
Nancy Dickson, Miss Nellie Eldridge
Misa Ruth Keen and Miss Gwendoline
Mclntyre. - .
Reception Miss Evelyn Horseman.
Miss Evelyn Davis and Miss Thelitis
blancett. ,
Misa Ada St. Peter Is faculty adviser
of the forum and 'in appreciation of
her assistance tho girl presented her
with a lovely Loi:Que; ew chrysanthemums.
.SO-CAU.ia GAMHIJXG
(Continued from page 1.)
calmly defer buying operations mrll
such time as wheat ran be seen red .it
the lowest possible price.
Third: Control of the grain trade
at tho market centers. y a few big
companies. The trade would resolve
itself Into a gigantic "trust" r nvo
elation. Ituying of gruln ut country
points would lie conducted roivewlml
an it Is In Russia and Argentina. The
bu;Lng would be always at 0 price w
low that there Is little chance for 'fur
ther decline. Lack of competition
among buyers at country stutlons and
TOO LATE TO CLASSIFT
FOR SALE Wicker bahy bastnette
Phone 265-R.'-
WANTED Woman for general house
work, references required Phone
I65-R .
FOR RENT Two room apartment,
furnished, with gas 401 Aura St.
WANTED Girl for general Ihouso
work -nll 7tV Willow St. '
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52 (j -t
1
Bpy .a Barrel
' of Flour
00000000000000000000
BOND BROS.
Pendleton's' Leading. Clotliters.
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Proud of Her Toilet Set
There is something so individual about a
pretty toilet set that one may well be proud
of its possession. It adds to the convenience
and looks of the dressing table is a welcome
addition to the' guest room.
SUBSTANTIAL SILVER
IS IMPRESSIVE
We are exceptionally well stocked with
silver toilet ware in sterling. These may be
purchased in sets or single pieces and added
to as desired. A fine line of French Ivory is
also carried as well as Genuine Ebony.
Mirrors, Combs, Jarc, Polishers,
Brushes, Trays, Bottles. Artistic
. Engravirrg a Specialty
Swtelle's
Inc.
jewelers"
GIFTS THAT
I. AST
i
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i Wm ill, ' GIFTS THAT
. fill
; IMP'! Tlio IjirgcAt Diamond Ucalcn in I intern Oregon. ivt -.. .SSJJp ;;, .
fiiiliiiliii1: ' ' ". , , ' shs' ''
'!!'!! 't' ' 1 KV
Tlio Largest Diamond Ucalcn in I intern Oregon.
' .' .i
at central markets, and relatively Bttlc mu i-uncm. rujusuneitt. umi asamsi ray wut ana wiaiw, nuu w
hiirh orices Tdr flour to the consumer, penoq. in ine japanfr.se siiK .not now living: witn me; ana an pw-
Fourth: The grain trade "trust" I" ,
ieiuii: iiie .ew. i ora motion ex
change . W'as organized, the cotton'
trade vaa'conslflered one of the most j
hazardous businesses that could be
engaged in. Without the exchange
with its broad speculative market.
mort
gage system" of arriving at a valu
ation low enough to be considered ex
tremely conservative,- then a further
large discount would be necessary to
arrive at a price to pay the producer.
j panic, was the first tangible episode in !son are hereby warned and notified
rot to extend to tb; said Esther Miller
any credit upon my account aa L will
rot be responsible for any . bills, here
after contracted for by her. 1 .
Dated December 2nd, 1K20. : ; f
GOTTLIEB MILLER.
an tt tn nrrvii1n nn unniilo mnrrin nf
,iiin. in or. he cotton business was of necerslty
feeling s.,ls to importing countries ! m0l "PulatiTe. Grain and cotton
: daily all over the country- This Is
or for shipment to domestic millers.
Th nnntinn r f unniA ennh ct'irlpm liv
the grain trade or "trust" would be I unlike the procees governing con.mo-
jdities of less importaie, where price
movements arc swiit, unseen ana de
structive. Instead of resenting the
exchanges, the advantage to those In
terested in grain and cotton should
absolutely necessary as a substitute
for the present insurance feature of
facilities for hedging unlimited quan
tities of grain upon the speculative
contract market. The simnlp hello
ing process is now a part of the bus- j De appreciates. j
Inera or taking rare of the crop' Instead of tearing down our Insti
movement and storing of supplies .fn jtutlons. perfected during a half ren
country and terminal 'elevators. I'n- t,lr' of "volution, why not establish
less grain in store is hedged, the own- 'nera for tne benef,t of tnose lntcr
ers are necessarily taking speculative es,e(l " commodities whkfh now fall
risks In their regular business. k0 W8"'5''''n J"'"P
conserxative concern with a view to fw safety" as grain and cotton pro
remaining solvent would hold tin-Queers and the trade generally have,
hedged grain, with easy access to thejtne opportunity of doing at any time
present contract markets. i " neM growers misnt easily uie u-
When the farmer sells his spot vantage of high markets and helge
grain, it is a cash transaction, he ilnelr K'Ins crops every , ear. .ne,e
would reject a credit proposition, insuring themselves against a, de-
Therefnre the markelinir nf nil rrons'One y tne lime Uie crop is reaoy
required In the aggregate, huge umsi'or market
of money
Accordingly, the necessary
financing must be concluded. Ina
bility or failure to hedge supplies
would throw the financial sido of the
process completely out of order. The
banks would hesitate to exlend ac
commodations on such uncertain col
lateral, except at a still further dis
count. Vnder present conditions.
grain, hedged and Insured is classed
l(h the bent collateral: there flows
annually a great tide of funds from i
the financial centers to the grain and i
cotton belts for crop moving pur- j
poses. i
1 liminnlo .Market Itself.
To eliminate speculation would'
mean the elimination ot the market I
Itself. This would only turn the cash !
grain business into a highly specula-1
tlve one and necessitate the entire te-1
organization of tho milling and ginlii
industries. The entire toll on wheat
is now only 7 to 10 peroent for all
handlers between the farm al for
eign market, not including t.'.nsopr-
tution. speculation lanes no trioi'iei
from the farmer or the coi sunier IP
S eculation in grain futures meieiv
gies volume and bread' h to the mar
ket, thus making it possible to buy or
sell unlimited qu.m:it:es if grain wilft !
i n.inlmum of fl letu ition. A market
wlil.out liberal it'Oc.ihuive participa-!
tlon is subject t j v'olciil ch mge of !
prlci. when an e'fo't is i. ade to buy or
se.l' a sizeable. iu.intity. Jpeculat on j
is conceded lv. .ur loremosz econo
mic and 'financial i utlicrities t- be rr
essential part of tho general business
structure, not only in commodities,
but In securities.
When the Government removed its
minimum price basis and restored
wheat to the open market 'five months
ago, if speculation in the contract
markets had at the same time been
banned, wheat instead of subsequent
ly declining by fractions of a- rent.
L-ivhiir nil a rhnneo In sell to nd ilist
their of full's, would have collapsed,'
with the financial casualties so enor
mous as to precipitate the greatest
panic yet.
For some time it has been impos
islblo to obtain a dependable quota
tion on wool. H is said there is no
I market, no demand, or some ridicu
lous price is reported as hear-say.
There Is all occasional miction held.
I The trouble Is. there is no regular fu
1 lure contract market, where the in
vesting and i-pivulutlve public may
buy, as they no doubt would, If nny
' thing like the latest rumored price
Jwere quoted on"'' reputable exchange.
, t 'nfortun.iMy wflol, like the Jar!""
NOTICES
TO WHOM IT MAY CONCliKN:
I hereby give notice that my wife
Esther Miller has left, my bed and
hnurd without cause .or provocation
XtlTICE ' f .
Xolicc of Payment of City of Pendle
ton General Indebted noun Bonds
Xotlce Is hereby given that City of
1'endleton General Indebtedness Bonds
Xos II to 20 inclusive tvlll be paid upon
presentation thereof at the banking
house of Kountze Bros.. 141 Broadway.
Xew York City after January 1, 1921.
Interest on the above Bonds ceaaea
January 1, 1921.
Dated Decemrr 1, 1920.
LEE MOOHHOt'SE,
Treasurer, City ot Pendleton, by II.
W. Dickson, Deputy. "
WHITE STAR BUS LINE
scHi:ori,i: t
8:00 a. m. Lv. Hermiston Ar. 5:40 p. m.
8:20a. m. Lv. Stanfield Ar,5:20 p. m.
8:40 a. m. Lv. Echo Ar. 5:00 p. in.
9:40 a.m. Ar. Pendleton Lv, 4 :09.p. m.
Bus leaves Allen-Kntght'f at Pen
dleton. Carl's Cigar Store at .Echo,
stanfield Hotel at Stanfield. Lay's
Garage at litriuislon. . . .'-' ,
Christmas Photographs for Your Friends.
: AUNE-WHEELER STUDIO o
222 E. Alta ' ' - Phone 533
I
Pay Cash Receive More Pay Less
DESPAIN & LEE GYSII GROCERY
209 E. Court ' J rhon880
ONE OF THE SHORTEST WAYS TO ECONOMY
IS TO BUY A . VV'
Barrel of Flour
AND WHILE YOU ARE BUYING IT, PAY CASH
AND SAVE A LITTLE MORE
Pay Cash Receive More Pav lss
DESPAIN-& LEE GS1I GROCERY
209 E. Court Phone SSO
.., f..;,ysmaiwrHTuMiiiiiiii
-silk- wtrlit ulU(k4 '!4
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