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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (May 28, 1921)
DAILY EAST OREGONIAN, PENDLETON, OREGON, S TURD AY EVENING, MAY 28, 1921.
DAILY MARKET NEWS, U)QAL AND GENERAL
Including Pendleton Prices and Associated Press Reports
OUTBURSTS OF EVERETT TRUE
ROf3fSC-N, vriH Nbu'ts oo IN tmc
ywuoivvt vvj seres WHAT V5 TM'I
NihmI Oh Market
Nttt' Y"KK, May 27. (A. IM-
ifiiBliii Hii on the Block cM-haimo yes- j
P-Hlny wn dnit nnd porrunoioVy,
lirMvy lone predomin-iiinff. Profes-i
hiodbI operators availed themselves of
lh wllin Htlcmlane due to approach-i
In holldaii. to effect additional dc-
linK-lon of price.
Ivvelopment of an adverse nature
Included sharp unscttlcment In foreign
isrhmiiip, continued firmness of
numey rat -s ii nd (lie minions or quali
fU'd views of leaders of industry.
The imp nciiutively favorable feature
if Ihn session was the declaration of
I he regular dividend on Haldwin Loco,
motive. This wan Without visible ef
fct upon olher equipments or kindred
IV'clinrit of one to three points were
forced the rate to 7 1-2 per cmt.
Changes In the irreciiliir hoiid mar
ket InrludttiK lil'rtir and most othur
domestic Issues were unimportant.
Foreign Issues were Inclined to ease,
ulihough subscriptions to the new
French loan were estimated at !U pel
cent of the whole. Total sales, pal
vmue t 1,1 75, nun.
registered liy majority of the reason
ed as well us volatile issues and ra la
of nil plus,, wen under intermittent
pressure, not excepting the high prie-
ed coalers. Sales amounted to 53'i.
The break of foreign renilUances
extended to six cents In sterling hills
and from 10 to 6U points In continental I
mes, especially Dutch, French, Pel-
s"vwn,,a" swiss- ss,.'a"i!ih nj sctt'1- !'t-'j-".- i..-..is ....
iKv-lers lipre ascrthed the reaction j
in liriiish hills to heavy selllns by
Herman commercial Interests tn Lon
don, from -which center large trans.
Mtions In dollars or American ex
change were reported.
The money market followed exactly
Its course of the previous day. call
loans holding .at 7 per cent until the
final hour, when a belated impilry
- "CuPiPok". - rr;
Action of Federal Hcscrve.
Ask tor A. B. A.'s
TrtmUr's Chinks who,, , aIx. Bms ,, v1(lr va
. ttHi trip. The American linkers Associations
t ln-cks arc tln most ixmvciih nt for travelers anil
UHirists to .-airy Mmls. pa.,ulle ever? -. hciv mid are
issued In convenient denominations.
l'or sale nt Window No. One.
Pendleton . 0 regon.
'Strangest Sank in Gastern Oregon'
Regular ice delivery will start Tuesday,
June 1st. Call 178 for an ice card or stop
our drivers and ask for a card from them.
We invite criticism.
Kindly report any inattention of our
drivers to the office.
Sm y the- Lonergan
is in store for the people of
Take advantage of this big opportunity
and visit the Merchants' and Manufac
turers' Carnival at Happy Canyon May
26, 27, .
IT WILL BE A HUMMER
"We are there"
WASHINGTON. May 28. (A. IM I
I A group of bankers ami financiers
from every section of the country are
to be consulted by President Hardin-)
before lie concludes the series of fi
nancial conferences begun Wednes
day night when the eastern banking
interests w -re chiefly represented. No
appointment for further conferences
has yet been made but it is probable
j u moup oi iniaiieiai leatitrs irom
,M"- uieiuie nfM win oe ine next to
be summoned by the president.
It was Indicated in administration
circles that financial men are virtu
ally unanimous in bi-lievini.- thuf in..
k federal reserve board holds the kev
lo a proper readjustment of fteneial
financial conditions. Those consult
ed are understood to have told the
president that in their opinion tin
board rould no a lonit way towards I
restoration of nni-ni;il e.in.litlou k..
exert in-,- its Influence, to keep loans ut
a reasonable rate and on a sound bas
is. lieniovnl of restrictive measures
placed by the board on credit exten
sion, under the federal reserve act,
was said to have been Ildvncittp.l Li
the bankers as a means of solvlni- ih
problem fai-insr the farmers.
rroL-ressivc rediscount m it .. .
contended, work a hardship on the
as-rieultural Interests because banks
which are charged more for money
merely pass the increased cost along
to the borrowers.
Legislation to permit longer credits
lo the farmers thmm-ii ,
the limits fixed by the reserve act on
agricultural turners olh-iiu,. r,. ....
J discount at reserve banks was said to
have been favored. The opinion was
expressed that restriction of eligible
agricultural paper to six months was
too early u maturity in the case of
pr-rf1J Hef?c it is, MR.TRye, 1T (
tep;V 3AYS; "CUSPIDOR. i N
I cepweu? for-;. - - O J
Re ad it to YoorseT.- H7" !
Htto s-3cs tt You can -fi
i RcfleMBcsR IT ill & ft l ! i
I . - - EH I I
I i hoof, mrr-nut'-wl with K I
ix-attiif of Wheat .Market.
f'HIf-AOO. Mar 1'K ( A t.
hvithstandlng that the wheat market
snowed considerable strength at times
today, prices finally tinned downward
InDucm-cil by violent breaks in for
eign exchange. The close was nervous
ut the same as yesterday finish at
1 1-4 lower, with May l.tili 3-4 to I Ii7
and July 1.27 1-4 to 1.27 3-4. Torn
finished l-3i7-8 to 2 1-x .... .i
varying from 3-S decline tn s.i .i'
vance. In provisions the oiii,..
ranged from IS seii.,.nir in .i
of 12 1-2. '"""
Accordinir to enrr..nt .utir.,..i..u ..
fall in Kuropcan rxchungo rates' was
eiuivalent to knocking as mneh 't
cents a bushel from the export va.ie
on wneat. It was also said the i. - i
presslon of exchange would tend de- I
cidedly to check export demand for!
all grain. Such assertions proved i
7" lnitn an otrset tor news that
Prance had authorized u-i-estricte 1
importation of wheat and that Presi
dent Harding was expected to sign the
emergency tariff bill before tomorrow
night. l!ulls contended th.-,i ru.,it..
general rains the crop outlook was
still far from ideal, much damage be-
ii i eparaoie.
I OFFICE CAT I
LBY JUNIUS ;
hoof, compared with JS.25
day. The high mark toduy was 11.10
lower than that a week ago. other
classes of hogs suffered declines of 35
Vents or more a hundred pounds.
Decreased offerings from the cou:i.
try had a bullish influence in the corn
market, and so too did belief that uie
rains would delay arrivals. Oats av
eraged higher with com
Ode to the l-'ma-n Fish at the M. M.
Vour eyes, one bright.
Have lost their light,
Your scalev tills are still
You look at all the crowds that pass
As if they made you HI.
Hut Fish, you're not
One bit, or Jot,
Less human than are some
For in the throng of people here
Cold fishes go and come
The Offiscat was sorry that thp
Shakespearian Four at the M. M.
Carnival was not the Shakespearian
Five. We think Pert Jorard, who
played tho touching music for the
various studies, should have de nied a
costume and joined the quartet.
30 nml 50 ' gal.' bbls.,
5 75c per gallon. Estimates
given on all kinds of roof
i Work Guaranteed
E Manufactured by
811 Kailroujl St.
J. C. rpnncy Co.. A Nation.ride Institution"
Small Prices Bring Big
Values at the Penney Store
Djer Kiss Talcum Powder 25c
Djer Kiss Face Powder, large , ggc
Djer Kiss Face Powder, iiietlium g-)c
Djer Kiss Toilet Water ,.. $1.98
Djer Kiss Pct'fume, ounce bottle, each $1.79
Djer Kisa Powder Ilouge in neat gilt vanity box
with mirror and puff, each , 49c
Velvetouch large size powder puff, flesh color,
Milady's powder puff, medium size sanitary pack
age, each 10c
Bluebird powder puffs in individual sanitary pack-
age, each .". ; 10c
Duro Belle hair nets, cop style, double woven hu
man hair, notable for their good service,
each .;; 10c
Face Chamois square or oval shapes,
each Sc, 10c, 15c
Colgates Dental Cream, small 8c
Colgates Dental Cream, large 19c
Colgates Talcum Powder, all odors 15c
Mennens Talcum Powder : 19c
Air Float Violet Talcum 10c
Mentholatum, large 89c
Mentholatum, small 19c
Packers Tar Soap 19c
Cuticura Soap 19C
"Featheredge" Rubber "spongea "size" a 25c
"Featheredge" Bath Brush 69c
Vaseline, bottle ioc
Prophylatic "Penetrator" Hair Brushes 98c
Keepclean Hair Brushes 49c
Keepclean Clothes Brushes 49c
Tooth Brushes T6c 19c
Prophylatic Tooth Brushes, each ' 33c
Pebecco Tooth Pasts , 35,
Pepsodent Tooth Paste, tube 39c
Hinds Honey and Almond Cream 33c
Palmolive Vanishinir Cream, iar .1J.
r..l 1: ni 1 -i ; "
raimuiive v-oiu i.rcara, jar
Palmolive Talcum Powder
Palmolive Face Powder
Palmolive Liquid Shampoo, large bottle
Palmolive Toilet Soap, bar
Woodbury's Facial Soap, bar
Potnpeian Talcum Powder, can
Pompeian Beauty Powder
Pompeian Massage Cream
Pompeian Night Cream
Pompeian Day Cream
Pompeian Toilet Water
Palmolive Shaving Cream, tube
Ferns Sanitarv Nankins, box of ('
Sanitary Napkins in individual package, each 5c
t oigates Miaving.l ream, tube
Colgates Rapid Shriving Powder
Colgates Shaving Stick
Gillette Safety ltazor, with twelve blades,
leatherette or nickled case
Gillette razor blades, package of G
1..,,. DEPAKTMET-T STORES
C. I'enney Co., A iation-V ulc institution
weakness in the value of hogs pjt tried to join
."v.c or (ess pressure on provision.
The golf tournament has caused a
lot of excitement out ut the country
club but we wonder If there wouldn't
I be still more if a real country feller
Tunc of Wool Market
Hotter With Prices I in baogiil
liOSTOX, May 1'8. (A. P.) Td
'.uiiimerciai uulletin says:
"The tone of the murker iu i...
proved slightly, in view of the im
minence of the tariff, although there!
has been no rush to bnv ivoi i
dence and prices show little, if uny,
cnange aa compared with a week ago.
loijing m the west is progressing
moderately, especially in Vtah, Xeva-
'ia and lexas. with nriees i,..,-,n,
changed. The foreign markets are all
firm with continued ste;oiv imvii,. ..
the part of Japan and Kurope. The
muniilaclurers are working steadily
as a rule."
Oregon I'a.stern Xo. 1 staple, TS
r'i 80c; eastern clothing, :1 'a like; val
ley So. 1. Hi, tn 70c.
Territory Fine staple choice, sode
Sic: half blood combing, 70 ii 7Je 3-s
blood combing, r0 03c; 1-4 blood
combing, 40(i4.'lc: fine and fine me
dium clothing, 631 Gic.
Mohair liest combing, 27 t 30c;
best curding, SSfpZhc.
Tom o lirien told us this one:
The conductor and a brakeuian on
a Montana railroad differ as to the
proper pronunciation of the name
Kurelia. Passengers are often startl-
j ed upon arrival at this "station to heal
I 'he conductor yell: "You're a liar:
You're a liar!" Then from the brake
man at the other end comes the cry;
"You really are! You really are:"
; - tjioiiix Down .
We read by an exchange Ihe follow
ing heading: "Man Shoots Himsell
In Basement Blowing Out llralns."
While they are putting in all these
gasoline stations for the motorist, Fred
U-impkin rises on his crutches to state
that they should erect a few hospitals
and cemeteries along the road.
'111 I i I Mv
JLr JL v x 1.
Hogs Lowest They
Have lieoii lor Five Years.
CHICAGO, May 28. (A. P.) Hogs
sold ut the lowest price In more than
flvo yards at the stock yards yester
day. The top pnee for the best swine
was J7.90 a hundred pounds on the
CTHE capacity of Buick for day
in and day out service under
every weather and road condition
is appreciated today more than
ever. Because today car values
are being more rigidly scrutinized
as investments that are expected
to pay definitedividendsin service.
A ride-in a 1921 Buick will dem
onstrate this Buick reliability,
and make you realize why more
Buicks are in operation today than
any other car, with one exception.
Since January , regular equipment
on all mcJels includes Cord Tires
THE OLD HOME TOWN"
ITS UOPED H BAKTE COTANSX
HOM8 BREW RECIPE WtTH Txe lASiT Xj? -ftX 'fei?
S-IWENT OW JlK-jS AMD CROCXS tf" " f
! Phone 468
Oregon Motor Garage, Inc.
IIO 191 W -.....
llil, Ul IT. VVUII
WHI-N Pimm AUTOMOBILES ARE BUILT. BUICK WILL BUILD THEM