DAILY EAST OSEG0N1AN, TENDLETOH, OREGON, TUESDAY EVENING, DECEMBER 23, 1020.
rjLcs ten
QUmURSTS OE EVERETT TRUE
DAILY MARKET NEWS, LOCAL AND GENERAL
Including Pendleton Prices and Associated Press Reports . ,
liitrmm In Sirx-k Market
at low ?b for I
KKW yoltK, Doc. 28. Interest In
the Block market Monday wm at very
low ebb, apart from the aggressions
of prolcssional shorts, who mot with
few obstacles In their efforts to depress
quoted values among speculative Issues
once favored by bull pools.
The week between Christmas and
the end of the year la proverbially
utie of suspended animation and the
many financial readjustments still un
der way are calculated to reduce pub
lie support or buying; to the most slen
der dimensions. Developments anc
general advices over the double holiday
were of the usual recent unfavorable
1enor. Including: the Bhuttlng down of
additional steel plants, more divided
suspensions and further decllno of rail
way tonnage, specially to eastern
points.
..Western and southwestern centers
reported little more hopefulness In
business circles, although buying; ot
merchandise continued In small vol
ume and the curtailment In industrial
operations rendered the Immediate fu
ture increasingly uncertain.
Heaviness which occasionally versed
upon actual weakness centered In the
shippings. Independent steels, equip
ments, oils and motor subsldaries. as
well as coppers, textiles and unclas
sified specialties, recessions ranging
from two to six points. The strength
of rails rallied In the general list partly
tn the final hour, but many losses re
mained at their close.
Sales amounted to "00,000 shares.
There was only nominal inquiry for
call money at 7 per cent and exchange
was at a standstill dcsplto for demand
for cables on London, presumably on
belated buying to meet year-end ma
turities. Bonds followed the course set by
the stock market, most active issues
including liberties, reacting at the out
set, but making variable recoveries
later. Tolal sales, par value, $20,175,
ooo. Old V. S. bonds were unchanged
on call.
Lrt-Vp In Foroien Desna ml
lias MearMi JJffeot on Wheat.
CHICAGO. Dec. 28. Let up in for
eign demand had a decided bearish ef
fect Monday on the whqat market not
withstanding reliction-' of vessel rates
to Europe. The -market closed heavy,
1 1-2 to 2 3-4 net lower with March
1.C1 1-4 to 1.61 1-2 and May 1.59 S"4
to 1.09. Corn finished at 1 1-4 de
cline to 1-4 advance. Oata off 1-4 to
5-8 and provisions down 20 to 40c
Unusual Interest attached to devel
opments In the wheat market, as ihe
U. S. shipping board had reduced
ocean rates to Europe from 10 shill
ings a hundredweight to 1 shillings.
This cut was expected to place U. S.
wheat again below Argentina in prices
because of the freight differential. An
nouncement of the cut, however, was
without any immediate apparent influ
ence as a stimulus to foreign buying in
this country. The fact that it was a
holiday abroad and that foreigners
seldom take hold at this season was
regarded In some quarters as the rea
son, on the other hand, bears con
tended that world supplies are amplo
and that chances were against any
lasting advance based on emergency
tariff duties or on revival of food cred
its to Europe.
Indications of an Increase of the
crop movement acted as a handicap
against the bulls in the corn trade
and In oats as well. Besides eastern
demand for corn and. oats was very
slow.
Provisions gave way with
after a temporary upturn
tsrength In the hog market.
cereals,
due to
Mlnnrnxill.H Hard WlM-nt
Hid Around $1.7t1.73
MINNEAPOLIS, Dec. 28. Cash
wheat. No. 1 dark northern, $1.66 ?4l
1,"9: No. 2, $l.3K61.5tt; No. 1
red spring. S1.S2H 1.64H: No. 2
tl.S9e1.C2-H; No. i dark hard Mon
tana. $1.70 tt 1.72 ;No. 1 durum,'
$1.6614 1.69 Vi.
Corn Nov 3 yellow, CljnLVip No.. 4,
58?f59e; No. J mixed, 588)59c; No. 4,
04 (if 56c.
Onts No. 2 white, 43H44Hc; No.
3, 42H43He.
Barley Choice to fancy, TO ig 76c "
Rye No. 2, tl.47141.48H.
You Are Invited
to open a Checking Account,
to buy a Certiflcato of Deposit, " .' -.
to start Savings Account,.
to rent a Safety Deposit Box,
to negotiate for a Farm-Loan,
to obtain Foreign Exchange, '
to purchase Travelers Checks,
at The American National the Bank of Service.
Pendleton. Oregon.
"Strongest Sank in Gastern Oregon'
V
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6
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1
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Seattle. Hog. Are Higher
Willi Cattle Steady
SEATTLE, Dec. 28. Hogs Ro
celpts 169. Higher. Prime 10.50 9
n.wu; heavies 9.50 10.50; rougli
heavies 7.50g.00; pigs 8.5010.00.
Cattle Receipts 101. Steady. Prime
steers .509.00; medium to choice
7.00 8.00; common to good 5.00(9
6.50; best cows and heifers 6.256.7S;
medium to choice 5.006.00: common
to good 3.50 5.00; bulls 4.00 5.10;
calves $.00 13.00.
Coarse Grain and Feed
Quoted at Seattle
SEATTLE. Dec. 28. City delivery:
Feed Scratch feed 362; feed wheat
$63: all grain chop $54; oats $31;
sprouting oats $56; rolled oats $53:
whole corn $51; cracked corn $53;
rolled barley $53; clipped barley $58:
milled feed $39; bran $39.
Hay Alfalfa $29; double compress
ed alfalfa $35; ditto timothy $40; east
ern Washington mixed $)29.
SPRING GOWN DESIGNERS SEEK
INSPIRATION FROM BOOK SHELF
jilllMUIIIIIllHIIIIIIIIIlllllIIIIIIIIIIIlllIllllllllIllllllllllIllllllllllIIIIIIIIIIllllllllllllllI
Closing Out Our
I Entire Line of ;
I Phonographs
COLUMBIA
Graphonolas
3
In all styles and finishes
' Every one must go.
offer while they last.
Take advantage of this special ' I
$175.00
Butter and Eggs Firm;
Cheese Irregular at New York.
NEW YORK, Dec 28. (A P.)
Butter firm; creamery higher than
extras 56 1-2 57; creamery extras 06;
firsts 43 1-2 54 1-2.
fcggs firm; fresh gathered extra
firsts 755 76; firsts 7374.
Cheese irregular; state, whole milk
flats held, specials early made 27 1-2
28; ditto fall made 25(326; state.
whole milk-flats fresh specials 24 25.
Select Eggs 6tiU 88c.
and Butter 53c at Seattle.
SEATTLE, Dec. 28. Eggs Select
local ranch, white shells, 68; pullets,
aOc; storage BOc.
Butter Creamery, in cubes 52c
nrtcks or prints 53c; seconds, In cubes,
o&oc; storage, 47.
IvMAT ARCS' YOV
I'M IvKtTClrsIC
f 'tflHJlPrr?lrJCj
M -i
NOW
-4
Blucstem Bid at Suattlo
Remains at 91.63
SEATTLE. Dec. 2 si Wheat, hard
white, soft white and white club, $1.59;
hard and winter, soft red winter, north
cm spring and eastern red Walla, Big
Bend bluestem, $1.65.
December Wheat at Winnipeg
Up to $1.93 Monday.
WINNIPEG, Dec. 2 8.-"-Wheat De
cember, $1.93; May, $1.79?4.
PEIIISFBR1211I
Regular $275.00 Columbia -
Regular $140.00 Columbia $85.00
Regular $120.00 Columbia -... .'$65.00
Regular $75.00 Columbia $45.00
Our entire stock of records is included in this closing
outsade. - i.&ik'ZU&&lttX!8i
Seven $1.00 Record for $5.00 ,.;
TERMS CASH ONLY
Cruikshank & Hamp ton
QUALITY COUNTS
WASHINGTON. Dec. 28. (A. P.)
Applications for permits for develop
ment of more than 12 million horse
power, sufficient to supply twenty
cttirs the size of Chicago, had been
filed under the federal waterpower act
with the federal power commission up
to December 18, the commission an
nounced yesterday.
Consumation of the contemplated
plans, the commission estimates, will
advance water development by more
than 40 per cent and will Involve an
investment of $1,200,000,000.
The projects range from a small
ten-horsepower plant for a colony ot
summer cottagers In Wyoming to the.
storage of the waters of the Upper
Colorado and its tributaries in a huge
reservoir and the development of more
than 3,000,000 horsepower by the utilis
ation of the water in a drop of 2,600
feet. ' " ,
; Twenty seven states. In addition to
Alaska and the District of Columbia,
are represented in the 129 applications.
California leads 1 nthe number of per
mits with 25 ; New York is second with
13; Washington third with 12. Alaska!
and Montana are reported with ten
permits each; while from New Mexico
there were seven and from Arizona six.
BY "MARJORIE"
(Written for the United Press.) " ,
NEW YORK, Dec. 28. Designers of
the materials for spring and summer
gowns seem to have gone to the book
shelves for their inspiration. Printed
sllksh the piece de resistance of all
spring spring fabrics and the designs
upon most ot these silks exploit some
well-known story or book character.
Although museums are still flooded by
designers who nab ideas from old pe
riod costumes, pottery, or Jewels, the
public library Is now beginning to feel
the influx ot designers in quest of good
pictorial material as found in stories,
and also in search of names for their
various book patterns.
""Tnus, one house is putting ; out a
spring line of printed georgettes and
radium silks. The designs are simple.
small and conventional. Most of the
prints and two or three color checks
intertwined with a floral motif, or -a
tiny geometrical series ot octagons and
diamonds may form the pattern. This
Is called the Lilliputian scries, and the
same house's contrasting line of huge
and ornate prints is called the Gulli-
ver.-- 1 -
" Russian Motif Loads. " '
Designers are emphasizing tho Rus
sian. motif and coloring. It is laugh
ingly1; prophesied that the great flood
ot Slovak literature will ebb a bit riow
that, the clothes are swooping up this
same atmosphere. Instead of cultural
clubs, reading and raving of Tolstoi
ttnd Turgeneiff. we will have the same
clubs wearing this "atmosphere."
The Bamovar, Vodka, Sledge, and
Peasant are the names of four very
colorful -Russian silks. The designs do
not resemble tho names, but coloring
and line is Influenced by Russian oos
tume and church embroideries. These
designs are In dull green-blues, and
brighter hues of cerise, orange, flame.
and Jade upon black backgrounds. Ab
many as a dozen different cjjlqrs lire
used in one printed pattern. t
Cabbage Itoscs Bloom. ,
Although the Slovak Influence s Is
most strong In the new spring silks,
the Persian effect Is keenly felt. One
house is showing its best design known
as the Beard of Omar. Soft grays and
cool greens make a misty, almost mys
tic background for a gay and gorgeous
garden wherein lolls the old Epicur
ean with his book of verses underneath
the bough, the loaf of bread and sever
al Jugs of wine, all proving that wil
derness truly was "Paradise enow."
The same design is put out upon rust
and copper radium silks. .
"TmTPerslan lotus leaf design Is
found In a multitude of fabrics and
colors. Floral designs on , the whole
are quite conspicuous. There are
prints of huge cabbage roses, gay pop.
pies, pansies, and Smaller flowers,
such as violets and gardenias. Al
though many of these patterns them
selves are large, coloring Is quite har
monious and subdued.
American literature Is renresented
by a design called "The Forest Prim
eval." It is a mass of towering hem
locks and spruces clustered about a lit
tie village Arcadia. The blue-greens
and soft browns are upon a buck
ground of gray.
Altogether manufacturers seem
agreed that spring fabrics shall be of
softer silks in printed designs of color
and vividness. Gray, sand, blue and
green are the outstanding colors just
now.
HOUSEWIVES
' A FEW OF OUR MANY SPECIALS.
Golden Marshmallow Syrup, gal can. . . . . $1.25
1-2 gal. can 65c
Diamond W. Baking Powder, 1 lb. 25c, 2 1-2 lbs.
60c, 5 lbs. $1.15
Golden Age Macaroni, Spaghetti, Vermicellr and
Noodles, the' package 10c
Ivory Soap Flakes, 9 packages $1.00
Sunbrite Cleaner, 3 cans .... i . . . . . . ... . , . 25c
Holly Wreath Asparagus Tips, 3 cans. . ... 65c
The Sanitary Grocery
221 East Court Street " V
The Most in Value The Best in Quality
Phone 871 ' . '
LOS ANGELES, Dec. 28. (A. P.)
The Los Angeles Russian progressive
club recently adopted resolutions
asking President-elect Harding to ob
tain safe passage to Russia for about
500 of Its members.
The resolution declare "The Rus
sian workers of Los Angeles are forced-
to remain In the United . States
against their, will," that they believe
in the Russian socialist federal so
viet republic and desire to leave the
U. S. peacefully; that soviet Russia is
Willing' to send ships for them but can
not obtjiin safe'pu'ssage from the U.
S. government for. those ships; that
they take tills means to bring the mat
ter before the people of the V. 8.
JECTION I:
i WASHINGTON, Dec. 28. (U. P.)
Japan has withdrawn her objection
to the California law prohibiting Ja
panese from holding land, according
to reports in official circles today.
- The report followed a conference at
the state department between Repre
sentative Kahn and Roland Morris,
American ambassador to Tokio, who
has been conducting the negotiation
with Japan.
IMZGID
(GRANULES) .
INDIGESTION
DiMolr Instantly on tonsjua
or in ratr hot or cold; do
not havo to crush.
QUICK RELIEF!
ALSO IN TABLET FORM POH THOSE
who pwjsrsa wm.
mads ar scott m bownb
MAKERS OF
SCOTT'S EMULSION
TO BE TARGET IN U. S.
I 124-128 E. Webb St
Phone 548
SAN DIEGO, Calif., Dec. 28. (A.
P.) The former German U-boat 88,
which in the early part of the world
was Is reported to have played havoc
with Mtinln.r In thA ntrnlta nf Driver
? and alonv the Irish coast, is to be des
troyed by the U. 8. destroyer Wlckes
on the southern drill grounds between
San Diego and San Pedro January 2,
it la announced here today. The U.-
' boat was one of the vessels allocated
to the C 8. following the Internment
of the German vessels at Scapa Flow.
It arrive dfrora the Atlantic several
months ago and after being exhibited
at several ports was taken to San
Pedro and dismantled. Destroyer of
ficers hope todestroy the craft with a
torpedo, but permlbK'on hs not ben
received. Tentative plans provide for
the Hi ot guai ....... .
Buy a Barrel of
Flour
To you want money? If so, oomo In and see us,
We aro prepared to negotiate loans on wheat land
lying north or oast of Pendleton. FKo years to pay,
and a very reasonable rate of Interest.
We represent the VERMONT IiOAN ft TRUST
COMPANY ot Hpokano, and will give yon prompt
crvicev
V 8HH VB AOOUT A LOAN NOW
Snow & Dayton
WK SJJLL LAND"
117 East Court St.
REAL ESTATE FARM LOANS
Phone 1072
INSULA CB
INCOME TAX
Holding Your Wheat
What should the farmer do about his Income Tax re
turn It he is holding his wheat until next year? By all
means open up hooks on the Inventory basis and make the
return showing wheat on hand as Income this year. Do not
let It go until next year and have a double shot of Income.
We will open up these books and keep them for you.
This will save you money on your Income Tax. It will give
you a permanent business record. It will take tho grief
out of your Income Tax.
s -
- Permission for making your return on the Inventory ba
sis must be secured from the Commissioner before Febru
ary 15th, 1921. '
Come In and let us explain this In detail. (
Cosper Accounting Co.
bT.WUIEIl BUILDING
THE MORE CAREFUL YOU ARE
10 BUY THE BEST COAL, THE
MORE CERTAIN YOU WILL BE-TO
BUY .-'
mm
Phone 178
SMYT HE -LOIIERGAN CO
KESSi .. QiiUty Qmtity Ssmcj
!'!jnigMiin!5WiWMiiiitroi
Business men are large employers', of motor
cars. . ; ; , ;, ...... -.
The importance of their transportation "leads
them to choose a car that meets every demand
leads them to choose Buick. The comfortable rid
ing; qualities of the new Buick Nineteen Twenty
One cars likewise make them ideal for hours of
recreation. v . r
Authorized Buick Service is everywhere avail
Oregon Motor Garage
' Distributors
BUICK, CADILLAC AND CHEVROLET ;.; -
i I IB limn M'-W J - '
i. ; j
.-5SJE--7
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