DAILY EAST OREGQNIAN, PENDLETON. OREGON, ' TUESDAY EVENING, MARCH 29, 1021
TEN PAGE3
OUTBURSTS OF EVERETT TRUE
yCansaW nTsS" 1
DAILY MARKET NEWS, LOCAL AND GENERAL
1 1 ' ' 1 1 " 1 " 1 1 " 11 ' ' "a" 1 ' "
la clu ling Pendleton Prices aijd Associated Press Reports
PAGE TEN
I
vs. MCfieAwY HAve A I CH, You H3
' seufMCi. ivcHirje in n M?.- thcn voo'cu I
rrui aouse. SiRl r1 f iwtCRi?sTfTi i
ling Market In
Urak aud Mow
. (From the Oregon Journal.)
Total of Oil, car of livestock was re-t
elved at North Portland fur the
week's opening. Of thix amount five
Itonnl eight cars were for through
tlonal eiaht cur were for through,
'shipment nnrt did not stop here except
for feed. Hog mere weaker and low-!
r, cattle shout steady, while sheep.
Continued Blow. '
In the hug alleys there wad another
very small run of 67$ head for the
Monday mnrning session at North
Portland. Considering this scant of
. ferine the murket should ty all means
hiiv ndva need, hut weakness and fur
ther price losses on the Kast had a
direct Influence and value were off
ahntit 2!d jrencrally. However one
bidder, keenly anxious for a supply,
purchased a small lot right at the
opening sit $12.ti(i, which was a dime
better than the previous market. This
wjis not considered as accurate view of
the trade, generally,
j," General hog market range:
.Prime light 1 1 2.0 fi 1 2.23
"Smooth heavy ll.25sill.7j
Hough heavy S.OOi 10.25
jFat pit ..- IJ.OOKi 12.25
Feeder piss 1 1.00 St 12.0H
o-ftaea 6.004 10.2:1
A lot of bii beef from the 1'onie-
roy. Wash., section took few honors
In price making at North Portland for
the week's opening. One shipment of
mixed steers and heifers sent in ly
Folmsboe & (itwit from the Garfield
cojmty section ncent nt $9 for steers
wnd $S for hetfera which Is 50c almve
what top steers are quoted at and f 1
above tho extreme for heifers.
There was an increased supply in the
cattle alleys a North Portland for the
week's opening, but general trade con
ditions were -considered steady with
the passing of the IjCMon season.
General cattle marlcet range;
Choice steers J 8.00
Medium to good steers .. 7.25$i
Fair to good steers ..... 6.50 W
Common to fair steers . . 5.50
Choice cows; heifers 6.50
Medium to good cowsand
heifers i 6.00
fair to medium cows and
heifers ,
Common cows, heifers ,
Canners .........
Choice feeders .....
Fair to good feeders . . .
Bulls
Choice dairy calves .....
Prime light dairy calves
Med. lipht Oairy calves . .
8.50
8.00
-7.25
6.50
7.00
& 6.50
8.50T
4.50
3.25ii
6.00
5.50(9
!.60Ji
12.50W1S.50
11.50tfl2.5&
5J ,1.50
6.00
6.50
4.50
6.50
6.00
E.OO
THE OLD HOME TOWN
4
0UOCY BOOB TOOK OeiE WESSON OK TOMMY FENTO5
NEW NIOTOR CYCLE THIS MORNNG MARTHA S'OOKS
STARTED RE BUIUHNG HER WOODPILE THIS AFTERNOON
New York Sin k
.Market Is Hesitant
XBW rOUK,.: March 29. .(A. P..I '
The hesitant and occasionally hoivy
movement of stock prices Monday
again was influenced by 'development's
which accentuated tho enforced read
justment of commercial ami industrial
estimates.
This was Indicated by the passing of
the Sears Roebuck: ami I'nited States
Smelting; quarterly dividends,, coupled
with rumors of other omm;s.slons or
reductions of dividend, disbursement
under consideration.
News of a conflicting character. The
stronger position of tho local banka on-
j couraged more liberal offerings of call
and time; funds and western centers
reported moderate improvement in
business.
These hopeful auguries were: offset
Partly by another decline in railway
tonnage at leading transportation ter-,
minals, crop deterioration In several
southwestern states and additiumi
age reductions.
Oils, motors, steels, equipments and
food and leather specialties comprised
fully 60 per cent of the turnover at
declines of one to nearly six points. -
Rails were only slightly affected by
the reaction and Sears Roebuck rallied
sharply at the finish, the motion-pic
ture specialties also showing marked
strength, especially Famous Players.
Sales 673,000 shares. , .' 1
The foreign exchange market was
halted on a continuance cf the eastern
holidays, but additional gold .imports
were received from Europe and South
America. . , , -f,, , - . ,
Liberty bonds ajud. most of the inter
national group wer steady biit rails
continued to ease. fenna., 6s fell to
the new low of 87. Total. sales, pal
value, $6,575,000. ., ' ;: . "
YOUR MCE
OPlKirtunity conies to rvcrylKxly, sooner or later, and ,.
it will oomc lo you. Hut lU-re Is an essential eon
mHtloti between jou and opportunity whx-li is "reatly 1
UHm'."
Jrcnre jwirself to take advantaae of this chance
Ikii It comes knocking at your door by setting aside
a definite amount of your Income and buying there
with, an Intercast bearing Tluiite or d-posit to this
Mrong bank. 1
Such Tt:ricat-s arc ist-ucd here every day for any
amount dewo-cd.
txinered Supply
Is Htillish J'actor ' " " ,, '
CHICAGO, March 29. (A.' l'.J
iwciacuiar snriiiKage
supply, together with"
fears did much yesterday to, lift the
wheat market. Prices closed unsettl
ed, 1 to 3 14 net high, with March
1.S76 1.57 H apd May 1.43 to 1.43Vi.
Corn gained to 5-8 and onts'l-8 to
3-8. In provisions there was a setback
of 30c to prices. -
Monday's highest wheat prices came
after announcement had been made
that a decrease, of 3,818,000 bushels in
tho visible supply had so reduced the
total that the amount left in sight was
with one exception the smallest in
more than 30 years. ' Besides later ad
vices indicated that contrary to re
ports damage to growing wheat may
have been done by the' Cold wave in the
west and southwest. Greater confi
dence regarding tho speedy enactment
of an emergency tariff bill was also to
some extent a bullish factor. Trading,
which began yesterday in the July de
livery was of only moderate volume.
Corn arid oats responded a little to
the strength of wheat but.before doing
so May corn touched the lowest price
for the present crop. Huge stocks are
in tsight. . However, there was some
export business both in corn and oats.
Lower quotations on hogs "weakened
provisions. ..
, r (m A VCBy et"r(CICMT 1
V """ pOOT ATTACH MONiT !
M, -T -
' J1- " t -.-.-p . I
- I on op TMose,Tocy ir-ty. ;
I ini3Te Aaeisj-r i . . ' I
4 ' ' ' ' ' ' 'V '
1"' "V - TWO nnNTRARK ARF 1
' t.VfV(i Mich Mnrrh
29.-r-(A.
of the visiWe P)T()ta) assets of $31,554,941.68 on
crop damage r,wmior SI. 1920. are shown in the
annual report of the Ford Motor Co.,
filed with the secretary of state.- Cash
en hand, including deposits in bank,
is given as S13557,244.51 and the value
of credits owing to the company is
placed at $54,438,633.50. Liabilities
cn unsecured Indebtedness are shown
as $143,025,300.61.
Steers $8.25 8.75 " ; -
In Seattle Yard ' .. . '
SEATTLE, March 29. (A. P.)--Hogs
Receipts 172. Steady. Prime
11. SP 12.00; smooth heavies lO.SOiff
11.50; rough heavies 8.0O16 9.00; pigs
9.00 ? 11.50. .. . ;
Cattle Receipts 777. Steady.
Prime steers &25fi8.75; mfedhim' to
choice 6.25 7.75; common, to good
5.00i9.00; best cows and heifers 7.0'J
7.60; medium to choice 5.001 6.50:
common to good 4.00(85.00; bulls 4.50
5.50; i calves, light 11.00$ 12.50;
heavy 6.00i 7.50; "
Steers Aro Lower -In
Kansas City
KANSAS CITY, Mo., March 29. (A.
P.) Cattle Receipts ' 16., 500; beef
steers fully 25c lower; many lilds off
more; early top 9.25; butcher stock
weak to 25c lower; best cows 7.00; veal
calves 50c lower; good .and choice 8.00
8.50; other calves steady; jStockers
and feeders steady to 25c louver; best
feeders 8.75. , 1
Sheep Receipts 11,000; strong;
ewes 6.10f lambs fully 25c. lower; top
9.80. ' '.
Robles Peaches
'".;v ;,and' Pears "
, .' S 2'CAiNS1.'. ..45c
6 CANS :.a30 ;
V 24 CANS...'..... $5.00
We carry a complete stock of Ferry's and
Lilly's garden Seeds for your spring planting.
The
sanitary kxt
ocery
The Moat
In Value
221 East Court St
Phone 871
The Best
in Quality
EICOK
April. 6 .Ratification of r; Plan
Will Be Taken By pelegates
From Grain Growing States.
Seattle Farmers '
(iot More For Milk ' -
SEATTIjE; Mnrch 29. (A. P.')
Ouring the rabnth of April farmers
shipping milk to Seattle will receive
$2.90 a hundred pounds, an advance of
5c a hundred pounds over the March
price, it was announced yesterday by
distributors hene. Advance: in . the
wholesale price will not be reflected by
retailers, it was said.
Visible AVhrat Supply
Lower by 3 Million
NEW YORK, March 29. (A. P.)
Tho visible supply -of American and
bonded grain shows the following
changes:
Wheat decreased 3,818,999 bushels.
Corn increased 2,216,000 bushels.
Oats decreased 94,000 bushels..
Rye decreased 13,000 bushels.
Barley decreased 13,000 bushels.
Harding's Washington Churcfi
' . . - T7 ;
III .. list I l,i t wTt
I iVi TleAmEtiordBanfc ! ' ' '
:-; .SSi Strongest Sank in Gastem Oregon' 4 0777 A J
, Jr.-tf ys5f
" ' ' - NEW 1921 ' (gM IjA, '
Go Carts and . Y
Carriages ' i'V ' '
NOW ON DISPLAY . I f f
V LVg " As well as a n!ce 1 A" ff$tj,-'
f '-M 1 showing of Reed Sulk- Hi W&jf-
rj " ' '-All I ' ies. They are finished f ,j (yAZJ
;c',Vv J . in a rich old ivory and If" ViVV :
J' rZ French grey enamel as J
iS" X ''!' yshfi well as tne cream finish- t
Vi.iM 1921 PRICES
) sfcw) You can certainly
-'.!', i t jYPy find one to suit in our
L Ir Si stre-. 1 v
Cruikshank & Hampton
"Quality CounU". l IT
1 124-23 Webb rncne oo
Your Old I'uniitiux' Taken tn Eiciuinge as Part l'a)UM iil on Jfn I
Vf - 1
, CHICAGO, March 29. (A. . P.)
Two contracts are provided for in the
j national, plan for marketing grain
cooperatively proposed by the Far
mers' Grain Marketing Committee of
Seventeen, according to a statement by
CH. Gustafson, fchairman of the com-
mlttee, made public here today.
'The contract Is expected to run
about five years," said Mr. Gustafson's
statement "but' the exact period will
not 'be determined until the conferenpe
in Chicago, April 6, at which ratifi
cation of the plan will be taken by
delegates from the ; grain growing
states of the nation.
. . "One contract will be made between
the grain grower and his local co
operative elevator and ; an6ther 'con
tract will be made betweehvtho local
cooperative elevator and the national
grain marketing agency. These con
tract forms are now being drawn up by
competent legal assistance under the
supervision of Clifford Thorne.'of Chi
cago, an attorney and member of the
committee. The general principles ol
the contract forms, however, have
been decided and it only remains tojiut
them in legal shape. "
"The contract made by the grower
with his local cooperative elevator will
provide for the exclusive delivery of
all surplus 'grain not needed 'for seed
and feed purposes. The contract made
by the local cooperative elevator with
the "nationals selling agency Will, In
turn, provide for the exclusive sale-of
tho grower member's grain through
the sales facilities of the national sell
ing agency, " .
"These); contractual relations will
not infringe upon the privilege of
choice which the individual farmer has
of deciding which marketing he may
wish to employ, that Is, consignment,
direct sale to cooperative elevators, or
i pool. The growers at any local station
i will "always have the alternative of
I detracting to pool their grain Jocally
and selling as one unit through' the na
j tlonal sales agency. In the same way,
! the contract will contain provisions au
' thorlzlng two or more local companies
! to pool their grain,' when approved by
j at least 75 per . cent of the members
j of each company. ' V ; ;
I "Farmers' cooperative elevators that
j are now operating on the patronage
dividend basis will need to make 'only
I minor changes, in order to contraot
with the national gelling organization.
Where a locaf cooperative - elevator,
which meets the requirements of the
contract, does not exist, the new mar
keting plan contemplates that the
growers will form a local cooperative
i organization and either enter into a
separate contract of their own with a
local elevator to store and load their
grain or make arrangements to buy,
bluld or lease an elevator,
"The contract running between the
local elevator and the national agency.
provides ithat if the local elevator is
not truly cooperative, it may be given
a reasonable period 0f timc t makc
such necessary changes In Its form of
j organization as will meet the requlre-
ments" for doing business through the
I national selling organization."
'
, , NEXT WEEK IS
PAIGE
" V v ?'.' .'- ;
Demonstration Week
HAVE A RIDE IN ONE OF OUR NEW
r' T921MODELS
0. E. H1 AUTO CO.
Phcne 46
WE DO PAINTING
' ' Alta and Cottonwood Streets
Why
Experiment
YOUR NEIGHBOR WILL TELL YOU THAT
"PEACOCK" HAS NO EQUAL. OTHERS HAVE
SEEN THE FALLACY OF BUYING COAL WITH
OUT A NAME, m
SAY
Vefl'tr""'
4
If
Wl
W i" In
; THE COAL WITH NO REGRETS
v Phone 178
Smythe-Lonergan Co.
Quality . .. Quantity Service
28 YEARSAG0 ; 1
U i , :
Here Is Calvary Baptist Church, Washington, D, C, which Presi
dent Harding will attend for the next four years. Ha worshipped
here while a senator Inset, Dr. W. 8. Abernethr of Kansas City, who
hats accepted a call to preach in the Calvary church at Washington
temporarily. t ns Jsy oe uuerea nv permsnent place later,
From the Daily Est - Oregonhin,
March 29, 1893.)
T. J. Van Winkle Is here from Wes
ton. He is principal of the N'ormai
Kchool.
Milton has two new lawyers, both re
cently from the east.
I Travel ia'picking up and Pendleton
j being a central point, is, visited bv
iinany people "on the move," There
were 55 names on the HoteJ Pendleton
register last night. .
It. Jones is here from Echo.
W, 8, Hyers was in Echo on Sun
day. - , '
Senator Kaley has returned from
Portland. .- . ' ;
"Shop" for the Dealer
As Well as the Auto
. ";' ' ' ' '
' If you could get a 10 per tent reduction of the price of the
car you want by .'going a block farther down the street, you
' would be Inclined to go to that much tro'ublc. '
Do you know that the actual intrinsic value of the ser
vice and responsibility that a good dealer can pat IrttO; any
car he sells is often worth more than 10 per cent of the ear
' cost, in the first season 7 , " y.v .'.;:'. '
It isn't the price of the car so much as it Is tho perform
ance of the car, and that depends much on the man who sells
it to you. ! .,( " '
BUICK
Oregon Motor Garage
Distributors
: BUICK, CADILLAC AND CHEVROLET
Phone 468 ' .