MIL? EAST dSEaONLIN, PEffCtETON, OREGON,
FRIDAY EVENING, APRIL 29,1921.
TEN PAGES
OUTBURSTS OF EVERETT TRUE
DAILY MARKET NEWS, LOCAL ANp (iENERAL
wot mt
lucluJing Pendleton Prtcei ftnd Anoclated Preii BeporU
1 lover, Xoi
Working Hani
tKYutn the Oregon Journal.)
llnlf of the livestock that runie to
North Portland Thursday was ft direct
nhipment to a narking company while
some of the ivmninlng small lot was a
direct thlpnient. Hog were steady,
cattle niminal and sheet, slow.
Indication were that killers are fill- (Feeder 1.00
ed up with sheep and lamb offering
ni North J'ortlaml. Thursday morn
ing arrival In the alley were only
fair, hut hnyer were hard to uncover.
There via no real weakness in the
market, Just a lack of appreciative
tniyer.
General cheep and iamb market:
Spring- lamha $ 7.90 9.00
Kast ,.f niininliin lamlw 7.00i
Valley 5.50
Heavy limit's 6.00W
Cull lainhs 2.000
Yearlings , ( 4. SOW
Wethers ' 4,009
Kwes v....... .... 1.00 41
7.5t
6.25
(.00
4.00
5.5"
5.U0
4.UU
5.00
South Dakota furnished killers at
North Portland three, loads of swine
during the. day. of the total supply ot
f 15 head 396 came direct from the
nii.'A'pHt and most of the remaining
small supply was on contract to the
hame interest. Only offerings In the
THE OLD HOME TOWN
fur coTTca puwest MErrne at ' JSls
4 AW1" SAME KNOCKS. BROKE UP SUDOENL.V
WN HER OU Cr THREW A PIT
1 :
THE UNFOLDING OF HAN
10 YEARS OLD
;rif is tlx- responsibility of parent. to rear a boy,
for tlicre arc runny outside influences ami . niany
cau-vi which will mould and form hint. Hut the
fattier and mother are the big factors and real
sculptors of the lad, for he leans on tbem and turns
to them for counsel and advice. And it is Uicy who
should instill in Iiim the great lesson of Thrift and
Kconomy, which will develop him into a self-supporting
man.
Teach him mm that the kecping.up of a Saving Ac
count is the rreat stepping-stone for selfmadc men
and leads to ultimate success.
Pendleton. Oregon.
'Strongest Sank in Gastern Oregon'
OREGON THEATER, TUESDAY, MAY 3.
The Peer or AH Colored Minstrels, 1'aM Present Future,
AX KTHIOI'l.W CARMVAL OF FI N
HERBERT'S GREATER MINSTRELS
A Mawter Production. Laughter at Kvery Tick of the Clock.
10 HIG ACTS 10. Kinger. Dancers. Comedians.' SUMJTt'OUS
FIRST PART.
40 KINGS OF EGRO .MI.VSTRELSY 40
REAL COMEDIASiH 6. Jazz Fhicnds and Synoopaters. FUNNY
AFTERI'IIXK.
BIG FREE STREET PARADE.
SEATS ON SALE AT PEOPLES WAREHOUSE. Price $1.00 Plus Tax
Special Offer
one week
only
We will give a beauti
ful act of aluminum ware
to you with each range
purchased.
The We co Value Range
-the range with the twin
flue construction heats
the six holes equally at
once a great saving m
fuel guaranteed to do
' the baking of a stove twice
the price. Price $75.00.
See our combination gas, coal and wood range
for $135.00.
t Your old stove taken in as part payment on new
Cruikshank & Hampton
"Quality Counts"
124-23 E. Webb Phone 848
Your Old Furniture Taken la Exchange as Fart Payment on New
Exclusive Ascot fat Icndktnn for Arrolui (No Whip) porch
Shades.
hog alleys Thursday morning constat
ed of a few head brought In 'by trucks.
These sold around former prices.
lleneral hog market range:
Prime light $ 9.60 g 10.00
Smooth heavy, 250 to J00
pounds 8.00 9.0
Smooth heavy, 300 and , ' '
up T.QOjb 1.00
Rough heavy S.OOfl1- M0
Fat Pigs 9.604HO.OO
Feeder pig 8.50ft 10.00
Stags 4.000
Additional carload arrivals ot cattle
at North Portland were lacking for
the Thursday morning trade. General
trade conditions Indicated a continu
ance of the previous steady tone and
price. ' '
General cattle market range": v '
Choice steers ., S 7.7619 .2&
Medium to gooa ........ - 7.V07.iiS
Fair to good S.25 7.00
Common to fair 6,J S.Kt.
Choice cows and heifers 0.00 ,75
Medium to good . . . ,
Common cows . .. . .
Fair to medium
Canners
Choice feeders
Fair to good feeders ,
Bulla ..
Choice dairy calves . .
Prima light dairy culves 10.5011.50
Med. light dairy calves . . 7.000 10.50
Heavy calves 4.00 7.00
5.C0 (.00
4.00 6.00.
5.009 6.60
2.259 4.00
(.00 (.60
5.60 0 (.0(1
J.60 4 6.6C
ll.OOf 1J.5
Twwlve Federal
Ranks statements.
WASHINGTON, April 29. (A. P.
Combined resources and liabilities
of the twelve federal reserve banks at
the close of business April 27 were re
ported last night by federal reserve
board (in thousands ot dollars) as fol
lows: .
Resources:
Gold and gold certifi-
tlflcates . $ S47,M(,000
Gold settlement fund K.
F. board
Gold with foreign agencies
Total gold held by banks
Gold with federal re
serve agencies
Gold redemption fund..
Total gold reserves
Legal tender noter, sil
ver, etc
Total reserves
Bills discounted, se
cured by U. 8. govt,
obligations
All other
Bills bought in open
market
Total bills -ore hand...4.
U. S. govt, bonds ......
U. a Victory notes.....
U. S. certificates of In
debtedness one year
: ctfs. Pitt man act....
All other
Total earnings assets. .
Bank premises
Five per cent redemp
tion fund against F.
R. bank notes ......
Uncollected items . . . . .
All other resources . . . .
Total resources
. . Liabilities:
Capital paid In ...... .
Surplus
Deposits, government. .
Due to members, re
serve account
Other deposits Includ
ing foreign govt,
credit ..' , - . w. ...
?otal deposits ........
ederal reserve ' notes
in actual circulation.
Federal reserve bank
notes in circulation
net liability
Deferred availability
Items
All other liabilities
Total liabilities .....
Ratio of total reserves to deposits
and federal reserve note liabilities
combined 65.0 per cent.
Ratio of gold reserves to federal
reserve notes la circulation after set
ting aside 25 per cent against deposit
liabilities, 67.2 per cent.
S88.219.000
886,1(5,000
1.317, 860.000
1(3,544,000
2,317,569,000
187,194.000
2,504,7(3,000
920,587,000
1,143,202,000
' 103,609,000
2,1(7,848,000
25. 690,000
; 19,000
239.375.000
2,708,000
2.435.140,000
21,832.000
. , 11.SSS.000
519,828.000
11,678,000
. 6,504,480,000
S 101.235,000
202,03,000
85,872,000
1,656,718,000
33.309.000J
1,725,899,000
f.830,118,000
166,249,000
430.700,000
68,243,000
5,504,480,000
ez -JgdUja xow oo3.t to make ,
ANP YtXI OUG-HT TO HA. -iOMH K IMO Of A
Sow no S How vrDl know you weue richi Tjemmo mc
-THC5T Ought to Rivex a w.BfSuv. on fov
rfCCOtvS THAT vW331 HSiS ill
finish to 1 8-4 higher, with May $1.27
$1.27 1-4 and July $1.051.05 1-4.
Corn closed 68 1 6-8 net lower, oats
off 1-4 to 3-4 and provisions varying
from 25o decline to an advance of
2 1-2.
' lrwa anering'market for weat
until arrival of the news regarding
the emergency tariff measure. Most
of the time previous, values had been
on the downgrade, although one im
portant rally took place as a result of
some revival' "at export demand. It
was said six hundred thousand bush
els of new wheat had been purchased
for Europe, and that exporters had
offered equal to twenty cents over
May track Chicago, for So. S hard but
had been outbid by domestic millers.
The earlier weakness was ascribed In
a general way to bearish weather and
crop reports and to the unsettled con
dition between Germany and the al
lies. ....
Corn and oats were depressed be
cause exporters showed apparent in-
aiiierence as to corn ana lowa novices
told of corn planting ten days earlier
than usual. v
Provisions averaged lower in sym
pathy with corn. i
Cut In Dividend
Rate Disappointing.
NEW YORK. April 29. (A. P.)
Much of the occasional Irregularity
which characterized yesterday's fairly
active stock market was ascribed to
a feeling of disappointment arising
from the cut in Pennsylvania railroad
dividend rate. This episode, i it was
popularly 'believed, foreshadowed the
inauguration of a similar movement
by other leading transportation eye
terns whose directors and executives
have long been committed to a policy
of drastic retrenchment.
The most hopeful news was of for
eign origin. Bankers regarded the re
duction of the Bank of Rngl.-yid dis
count as Indicative of a nearly settle
ment of British labor - disturbances
a;id of further progress towards solu
tion of the German reparations dis
pute. ... . ' v ,,. i ' : v.
Foreign exchange reflected the eas
ier money condition abroad. Sterl
Ing bills duplicating their recent
maximum quotations and French, Bel
gian. Dutch and Swiss rates also hard
ening materially. German Temit
t.inces were depressed, however, and
the Greek rate again broke sharply.
Rail were subjected to moderate
pressure at the outset, together with
prominent oils, motor specialties, util
ities and miscellaneous Issues. After
midday prices rallied under lead of
Studebaker, General Asphalt and In
ternational Paper,-but another Irreg
ular setback ensued before the cloe.
when call, money rose from ( 1-J to
7 per cent. ,
Sales 875,000 shares. , '
The sudden Jump in call loans was
attributed to withdrawals of funds for
federal account and to preparatlstns by
local banks to meet heavy May inter
est and dividend disbursements."
Trading In bond was more active
and broader of, scope than at any re
cent period. A firm tone prevailed in
most of the important domestic issues
including liberty bonds. The Interna
tional list also held steady, bnt was
without especial feature. Total sales,
par value, 812,876.000.
Forevtrn. Trade ...
Slumped In March. .
WASHINGTON, April 29. (A. P.)
Both exports to and imports from
Europe and South America fell off
sharply during March as compared
with the same month last year, a trade
summary issued today by the depart
ment of commerce shows.
Imports from Europe aggregated
87e,798,23( compared with . 125,410,.
04 a year aero, while exnorts azara-
gatelS l99,222,878'as"aga:nst (465,354,-
332 In March. 1920.
Imports from South America . In
March totaled 832,(84,603 as against
372,951,150 In March, 1920. while ex
ports to that continent aggregated
328,6(2,881 as against 853,991,803.
For the nine months ended with
March the trade balance rolled up by
the United States against Europe was'
32,128,719.000 while the trade balance
against South America was 355.494,
000. Exports to Europe aggregated
32,881.925,352 as compared with (3,
819,995,482 for the same period the
year before. Imports were 8753,306,.
291. as compared with 85,590,631. . .
Imports from South America for
the nine months totaled 1411. 711. 5S8
against (640.365,745 for the corre
sponding period last year, while ex
ports amounted to 3467,205,369 as
against 3339,391.749.
Reef Gains at K. C.j
Other Stock Unchanged.
KANSAS CITY, April 29. (A. P.)
Cattle Receipts 4,600;. beef steers
steady to 25c higher; mostly 10W15C
higher; best yearlings, late $8.36;
heavy steers for export" 17.(668.00;
Colorado pulpers late $8.00; she stock
and feeders steady; best cows $6.60;
good heifers $7.00; canners and calves
steady to strong; vealers $9.00; bull
25c higher.
Hogs and sheep unchanged.
"Gets-It"
Tickles
Corns
to Death
FinST STOPS ALL PAI!T TBEfT
PEKLS TIIK CORK OFF.
Don't try to fox trot on corn tortured
feet. Get rid of your corns. If yon
Oranges
We have had many calls for the little Oran
ges since they were out; for the next few days
we can offer you a bargain in some larger or-'
anges at 35c per dozen. These are nice size
navel oranges and are good flavor and sweet.
"THE TABLE SUPPLY
Phono 187 and 18S 739 Main Street
U. S. INSPECTED MEATS
CHA3. D. DESPAIN A CHAS. W. GOODYEAR
Proprietors
ft k
a ss fs- wsm
1 ' n
RraeveTlMM
Mk. Yaw Fat Husr!
Cm Wilfc "Cu-lt."
have never seen a corn tickled to death,
just apply a few drops of "Oets-lt" to
yours. Then watch that corn die
peacefully as if it had gone to sleep.
Um,. it ia nnthlnir hut a. loose Dlece OI
dead skin that you can lift right off
with your fingers.
Get after them now. Your druggist
has "Gets-It." Costs bnt a trifle or
nothing at all if It fails. Mtd. by E.
Lawrence Co., Chicago,
Sold In Pendleton by Tallman & Co.
snrl Kconomv Drug Co. '
Wheat Warm; - '
Corn and OatM Ixme.
CHICAGO. April 29. fA. P.)
Wheat developed strength yesterdai
after word was received that the em
ergency .tariff bill had been reported
favorably to the senate. The close
was firm, at tb same as yesterday's
WHY? :
run your old plow when you can get a new
Vulcan 3-Base
Gang Plow
For
of Pendleton
HE Fill
(JJ'MEMBSB(a
rrlIERAL BESEVrj
BaaYSTiMSHi ,
Of f era an unexcelled banking service to in
dividuals and corporations; transacts a
general banking business and maintains
snecial departments with fwiilities of the
highest character.
PENDLETON, OREGON
y.iiiitiiiiiiiitiitiitiiiiiiiiiiiiiitiiiiiitiiiiiiiiiiiiiittiiiiiiiiiiiiiiiitiittiEiiiiiiiiiitiiiiiiiiiiit
Model Tailors & Cleaners
Our Motto: Quick Service.
ALL PRICES REDUCED. i
Just think, two more days till the church bell
will be ringing for church and you will want your I
suit pressed, so call 321.
We Call for and Deliver AHWork.
Lester & Booher.
g 301 W, Webb.. . .
Phone 321
7(UIMIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIllllllllllllllllllllllllllllllllllllllllJ
This is only a limited stock and this exceptional
value should be investigated at your earliest oppor
tunity. A complete stock of parts always available.
, -.- - "'; -
V - ..." " '
Sturgis & Storie
Pendleton
WaUa Walla
Gar Performance
Makes Car Di v idends
BUICK
Think of an automo
bile as a productive in
stitution not merely an
expense. You buy a car'
because it , will render,
certain valuable ser
vices. It pays dividends
in contentment, recrea
tion, quick transporta
tion. Car performance is
more important than
model or name. Car
performance depends
upon the dealer who
sells the car.
Oregon Motor Garage
' Dbtr&Btert
BUICK, CADILLAC AND CHEVROLET
. Phono 46S .
J