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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (June 24, 1921)
DAILY EAST OREGONIAN, PENDLETON, OREGON, FRIDAY EVENING, JUNE 24, 1021.
DAILY MARKET NEWS, LOCAL AND GENERAL
Including PendMon Prices and Associated Press Reports
KttttflliH1 ithIIm For
UiHi lit Portland
iKi-oni I he Oregon Journal. )
Komtwn cars of livestock wore rc-
I'lvwl Thursday at North Portland,
ml I here w-as n gencrully steady tone
Indicated in the price list of nil de
M line no change tn price was Indi
cated and alet ni-re apparently made
On it steady ImsiN, there was all under
current of uncertainty and even weak
'IU'wm In the market Thursday.
itencrul sheen and lambs range:
lvasl of mountain lambs S tS-'iCKfi T.r0
lies! valley liimliK 6.00 W 6. "5
Fair tn Rood lainha .... .VOuy COS
(.'nil lambs 4.00 5.00
light yearling .504ii 5.00
Heavy yearlings - 4.00'4 4.50
Light wethers 4.00 4.50
Heavy wethers 3.003 4.09
lines 1.00 3.50
At very low price, the market for
cuttle continued on a steady basis at
North Portland Thursday. Only a
liKht run ra shown and former prices
General cattle market range:
4.75 if 6.50
9.50 jj 10. 00
5.00 f.f S.00
3.00 if 5.00
Medium to Rood steers . .
Fair to medium steers . .
Common to fair steers . .
Choice cows and heifers
Medium to Rood cows and
Fair to medium cows and
Common cows, heifers , .
Choice feeders . . ."
Fair to Rood feeders ....
Choice dairy calves
Prime light dairy cr.lvcs
Med. liRht dairy calves
Market for swine was quiet and of
steady character, with no change In
the North Portland price Thursday.
Receipts In the alleys were liRht and
early gales were made ut former
Uencral hog market ranee-
Prime liRht .".$ S.T5 5.00
Smooth heuvy, 250 to 300
pounds 7.0C i S.00
Rough heavy, 300 lbs. up S.OOHf 7.00
Fat pigs " 8.75 W 9.00
Feeder pigs i 8.50 W 9.00
Stags 3.00 M 7.00
Stock Market Has
Now 1aw Ktx-orils.
S.75S? 7.50 NEW YORK. June 4. (A. PJ The
6.(10(8 6.75 i stock exchange yesterday proved Indif-
5.I5W 6.00 ferent to announcement of a reduced
S.50 ST 5.J5 'discount rate by the Bank of England.
5.50 6.00 j -Reactionary forces again dominated
land many new low records were estab.
THE OLD HOME TOWN
1 tin i v,"lT-5oci.Ve ftve Lome I
p nTHi triirs r good lands
' ruj'ifV' ' ICE CREAM SOCIAL 5CHEDOLEO FOftSEvS v-
I J J O'CLOCK WAS DEUWEO OK ACCOUNT OF '
,r"l f I MECHANICAL DIPFIQK.TIE5-
U Jt-J : - . I
Foremost among these were I'nited
States Steel, Crucible tstccl, Republtc
Iron, several Junior motors and their
subsidiaries, American International,
Virginia-Carolina Chemical common
and preferred. Industrial Alcohol ami
Domestic developments including ad
dltional dividend omissions and cur
tailment of production in basic Indus
tries, encouraged shorts to increase
their commitments. Extreme reces
sions in steels, equipments, motors,
oils and affilir.ted specialties ran from
one to five points.
In the more obsecuro stocks and
among rail losses of t to 3 points were
partly retrieved on the short cover
ing of the final hour. I'nited States
Steel made up all but a fraction of Its
decline, but Mexican Petroleum,
strongest of the leaders, forfeited the
greater part of Its three points gain.
Sales were 825,000 shares.
The money market was featureless,
all call loans being made at 5 per cent
with no change jn time rates.
International remittances evinced
further reactionary tendencies. Dutch
Italian, Danish and Creek bills were
most unsettled, at losses of 15 to 15
In the bond market most changes
w ere lower. The liberty group was ir
regular, but speculative rails and In
dustries showed nominal declines.
Mixed grains and losses were made by
international issues. Total sales par
OUTBURSTS OF, EVERETT! JRUE
say evtsmexx you CRTiNy
CT DONar Good anO BROWM
OH THIS STUF ! HAvaj - HAW
HAW-HAW J' YOU
Kit W M
Tlic large cxix-iieucc gained In Thirty-Two lAmg
years of sinxvusful banking and dose association with
wiwiwiful business operations in Katera Oreoiit has
placed tliis bank In a position where it can give prac-(4-al
advfcv on business and financial in-obkms of
Ka-Tn Oreson.. This is more than credit, for it
nicaiLs co-opt-ratioii tliut liolps over "liard places"
aj'd KafcfniarJ ag-ainst dusastrom inistakiti.
Your account is Invited.
Tke AmericiiriNational Bank
'Strongest Sank in Gastern Oregon"
1 Four Piece Ivory Bed i
1 Room Set
One of the several sets we are showing. This set
consists of Ijed, dresser, dressing table and chiffon-n
ier. This is truly a wonderful buy. The same set m
sold for $197.00 some time ago. g
OUR PRICE TODAY $123.00 " g
Close out price for cash only. g
Cruikshsink & Hampton 1
Oregon Itanks Not
llit Hard by cpnssinu.
SALEM, Or., June 24. (A. P) Fi
nancial conditions in Orepon, as re
flected by the banks, indicate that the
business activities of this state have
not been as hard hit by the natural de
pression followincr the war as have
those of many other western districts,
according to S. o. garment, now con
nected with the federal bank reserve
system, with headquarters In San
Francisco. Mr. Sargent formerly was
state superintendent of banks in Ore
gon. "The federal reserve banks of th
12th district, which includes Oreson. I
have shown a substantial Improvement
in their finances during the last few-
months.' siid Mr. Sargent, "and. with
the exception of two of these Institu
tions their funds are well above the 40
per cent limit provided by the laws,
regulating the conduct of theso deposi
tories. "It has been the policy of the fed
eral reserve banks, as well as practi
cally all other classes of depositories,
to eliminate luxury expenditures in or
der that sufficient money might be
made available to conduct the legiti
mate industries of the country. As a
result of this policy failures have been
reduced to the minimum and busi
ness has continued to prosper while
returning to normalcy.
"In Utah and southern Idaho finan
cial conditions probahly have been
more unsatisfactory than in any of the
states making up the 12th federal bank
reserve district. This situation is ac
counted for, however, as a result of
two crop failures in succession. This
year these states will produce normal
yields, and many of the banks as well
as the private business interests will
recuperate and return to a sound fi
poor t rts&m
. THAT MKGS Two
- ,- --j 'V(S GOT TO CTTLG
gg -M lAuITH THe owe
-rL. . UTHAT CHCATCD MS
1,- --J ANO TH? Ohe TM4T
also Japan had shipped 500.000 bush
els of wheat on the Pacific coast. With
shorts covering at the last, prices clos
ed at the day's highest point.
ICvidence that stocks of corn were
pi ng up and falling to find an ado
(pjifte outlet resulted in considerable
selling pressure on corn and oats.
Indications of some export demand
ralied the provision market from de
clines, due to lower quotations on hogs.
ltcrioration and Delay
In Harvesting Cause Buhte.
CHICAGO, June 24. (A. P.) Crop
deterioration northwest ' and harvest
delay southwest had a bullish Influ
ence on wheat yesterday. Prices clos
ed strong. 1 to 2 l-2c net higher with
July J 1.30 3-4 to 1.31 and September
11.23 to $1.24 Corn lost 5-8 to 7-Sc
and oats 3-8 to 3-8c Provisions were
unchanged to 7c higher.
Attention of wheat traders was di
rected chiefly to the effects of drought
and heat in the spring crop belt and to
unwelcome rain where the winter crop
harvest is In progress. The July-September
difference In price showed a
tendency to widen at times, owing to
commission house buying of July and
selling of September. The general up
ward tendency of the market mean
while was encouraged somewhat by
gossip that Germany had taken 2,000,
000 bushels of wheat in the last few
day, on three months" credit through
English and Dutch banks. It was sid
Steady to Slow
Is Market Tendency.
CHICAGO, June 21 (I'nited States
bureau of Markets) Cattle Receipts
12.000; choice yearlings and handy
weight steers, steady; others, 15c to
20c lower, early top yearlings, $0, soino
held higher; bulk, 7.25C 8.40; sho
slock, slow; best, steady; others weak
to lower: bulk fat cows and heifers,
$4. 50ift 6.25; canners and cutters,
largely $2 (U 3.50; bulls, 10c to 15c low
er; bulk bologna, $4ffi 4.25; veal calves
steady; bulk, around $9.50; stockers
and feeders, dull.
Hogs Receipts, 41,000; 15c to 25c
lower than yesterday's average; heavy
and packing mixed, off most; better
grades active, others slow; top, $S.60;
bulk, $8.25h 8.50; pigs, 10c to 15c low
er; bulk desirable, $S.251i8.35
Sheep Receipts, 14.000; slow at
yesterday's extreme low time: top na
tive lambs, $12; bulk good and choice,
ill. 5011.75; culls mostly $6; good
82 pound dry-fed yearlings,
handy native ewes, $4.50;
heavies around $3.
the ninth, when White, running for
Koehlcr, -who had singled, went to sec
ond on Alten's Infield out and scored
on Plnelli's long slnglo to left. The
Oaks made four runs on three hits,
two walks and an error In the eighth,
evening up tho score in that frame.
Hoy, Page John Barleycorn
We noticed that Rev, ISoozer, of O.
A. C... was in our midst recently. The
(iffiscat thinks that in these arid
times even a preacher would find It
hard to live down a name like that.
Bfr Tonnage of Cherries
ItViiig Handled by Growers,
SALEM, Or., June 24. (A. P.)
The Oregon Growers' Co-operative as
sociation announced that the organiza
tion's cherry pool will be opened for
the remainder of this week and next
Monday The tonnage of cherries will
1... t.wlfln o L.pn-A U Ol'.t ,n,lto,l l.ut
, . , , , .... 'I pneumatic blow-out has often fhitton-
vear. (if the acureirate. about two-1 ....
thirds of the cherry crop of The Dalles
All Puncture Proof
Tires ure four Important all round
reasons why an automobile Is a Joy to
ride in. But wc know as well as you
do that a little puncture now and then
takes the air out of our tires and hot
air from tho mouth of the mender. A
district will be handled by the associa
tion. A large part of the cherries will be
used for canning and maraschino pur
poses. The greater portion of the
maraschino products will be handled
in Salem, while the remainder of. the
tonnage will be canned at The Dalles
OAKS HEAT BI J'-S
OAKLAND, Oil., June 24. (A. P.)
Oakland defeated Salt Lake yester
day 7 to 6. in a tight contest featur
ed by heavy hitting. The winning Oak
id a social blow out. If you dont take
a hoisting Jack in your tool box so that
you may repair your tire, be sure to
carry plenty of Jack In your Jeans.
Free air Is furnished at garages, but
the Incidental services are Just as
chargeable as electric batteries. Cur
rent expenses can not be turned off.
Pa's l.il Wheeze
Plainly she was worried.
"What's the matter?" asked hi r
father, instinctively shifting his wal
let to his Inside vest pocket;
"Oh, Dear" she sighed, "I ate onions
for supper and Cecylle Just phoned to
say that he was coming over.
"Oh, I see so you're awaiting ills
tallv was scored in the last half of arrival with baited breath!
'TWIXT THE CUP AND THE LIP.
124 28 E. Webb
Phone 548 m
Vxir Htl l uniKiirr Taken iu Kxeiuuun- Pa" Payment on New
KM-iusltr Agents iu l"endletiB for Acroluj (.No Whip) lorcii
J. C. Penney Co.. A Nation-Wide Institution
$7,000,000 in Shoes
This large sum of money spent last year in the
shoe sections of Penney stores is a sincere testimo
nial of what people throughout the nation think
of Penney footwear.
With a shoe business of such proportions it
doesn't take very heavy thinking to convince most
anyone of the wonderful buying advantage we
have, especially when these shoes pass through no
other hands than ours when they leave the ma
chines of the shoe maker. You profit accordingly
when your shoes come from this store.
WOMEN'S ONE STRAP CANVAS PUMP, $2.25
The well known Kmy-Lou pattern U. S. Keds,
good weight rubber sole, leather insole, raised toe,
white buckle and instep strap, pair $2.25
NEW SLIPPERS FOR LITTLE FOLK
A nice assortment of children's Slippers arriv
ed yesterday to supplement our stock of black
kid, white kid, white canvas and pa9nt leather, in
step strap,, ankle strap and Roman Sandals, pair,
98c, $1.19, 1.49, $1.69, $1.89, $1.98, $2.49,$2.98
BLACK AND BROWN ONE STRAP PUMPS,
Yesterday brought a shipment of practical
pumps in black or brown kid, neat one strap style
with imitation tip, close edge, flexible sole and
military heel, pair $4.98
WHITE CANVAS PUMPS, $4.50
These will feel mighty good to tired, hot feet
these sultry days, good quality finely woven can
vas, plain style without straps, Goodyear welt sole,
canvas covered military heel, pair $4.50
TWO STRAP COMFORT SLIPPERS, $2.79
Comfort slippers in every sense of the word,
soft black kid, flexible sole, low rubber heel, two
strap style, pair $2.79
ONE STRAP HOUSE SLIPPERS, $2.49
With a price of bygone days and quality up to
present day standards this is a shoe value unheard
of outside Penney stores. Good quality black kid,
medium toe, flexible sole, rubber heel and one
strap style, pair $2.49
ARMY SHOES FOR MEN AND BOYS
$2.98 $3.25, $3.79, $4.98
Here's a value characteristic of Penny Every
day Economics. Made of fine quality tan lotus
calf, high grade brown lining, Goodyear welt sole,
full rubber heel, genuine Munson last as illustrat
ed. FOR BOYS.
Sizes 9 to 12, pair $2.98
Sizes 122 to 2, pair $3.25
Sizes 2 V-i to 52, pair $3.79
All sizes, 6 to 12, pair $4.98
See these shoes in our island window and real
ize how the purchasing power of your dollar is
growing at this store.
V W o 3 1 , DEPARTMENT STORES
J. 0. Penney Co., A Nation-Wide Institution
Ask .Shaw, lie Can Furnish It
(Ad In Torre Haute Tribune)
FOR SALIC Soda, fountain, two show
cases, cow fresh this month, three
hogs, Hubert Hliaw. Box 1S5. Hymera,
a -"I" i '
A Knight of the Jxmble Cross
Tho saddest sight we have seen rn--nniiv
wiiii l.-.rnest Crockutt looking
with longing eyes at a box of cigarettes
In the Charles Co. Ernest, -with a son,
said he had sworn off as ho mid Joe
Harvey has entered an antl-nicotlne
The second saddest sight we've seen
was Joe sneaking down a back street
surrounded by a thick cloud of tobacco
Wo wero Interested In tho conversa
tion of a Pendleton mother and child
at tho grass flro yesterday.
"Mother," asked the llttlo hoy,
"when the fire goes out, where does
"I don't know, dear," answered the
mother. "You might Just us. well ask
me where your father goes when ho
Old Man Offlc Kat.
After looking the situation over and
consuming a lung full of the aroma w
might suggest thnt It would be good
advice to Photographers to remove all
the packages of Flash powder from
tho excelsior before trying to burn It.
"What So Rare
As a Day in' June"
No pleasurable experience in life can compare
with that enjoyed by the motorist on June days.
Then the car pays dividends of contentment that
make him independent of any dollar and cent
The BUICK will do its part
and as dealers we accept full
responsibility for the, satisfac
tory performance of every
car we sell.
Oregon Motor Garage
BUICK, CADILLAC AND CHEVROLET
.JAL. ' A j(u n j t )t j p g