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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. TEN PAGES PAOK TEN m .i" n 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 pnrdmutUi. . 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 nererally prevailed. General cattle market range: 4.75 if 6.50 2.75 '. 1.501 5.00 Si1 4. (lOW 8.50 4.(1 9.50 jj 10. 00 8.00i S.50 5.00 f.f S.00 3.00 if 5.00 6.50 5.00 4.00 Choice steer Medium to Rood steers . . Fair to medium steers . . Common to fair steers . . Choice cows and heifers Medium to Rood cows and heifers Fair to medium cows and heifers Common cows, heifers , . fanners Choice feeders . . ." Fair to Rood feeders .... Hulls Choice dairy calves Prime light dairy cr.lvcs Med. liRht dairy calves Heavy 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 prices. 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 By Stanley 1 tin i v,"lT-5oci.Ve ftve Lome I p nTHi triirs r good lands ' J,. ' 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 lished. 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 Sears Roebuck. 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 point. 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 value, 5I2,37',000. 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 BUSINESS COUNSEL 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 Pendleton. Oregon. 'Strongest Sank in Gastern Oregon" Pllliii 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 nancial footing. 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. $9; best extreme 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. OFFICE CAT BY JUNIUS 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 plant. 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 "Quality CounU" 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 $3.75. BLACK AND BROWN ONE STRAP PUMPS, $4.98 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 Mm 1- i ft t 1 w a 3 a. n S e 3 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 FOR MEN 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, Ind. 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 pact. The second saddest sight we've seen was Joe sneaking down a back street surrounded by a thick cloud of tobacco smoke. 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 It go?" "I don't know, dear," answered the mother. "You might Just us. well ask me where your father goes when ho goes out.'" 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. (Signer) OXBWHONORR. X. "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 consideration. The BUICK will do its part and as dealers we accept full responsibility for the, satisfac tory performance of every car we sell. BUICK Oregon Motor Garage Distributors BUICK, CADILLAC AND CHEVROLET Phone 4C8 1 J khades. AmHmiimiMniiiiHiiiiimtmrmmiiiwMHmtmimitiinHHmmiii Itllllllljipl'.HIIIiliUlllilll'iliHillilllllill'IIIIUHHIillHIil" IMHIIIIINIIIIilllimillliHIDHI .JAL. ' A j(u n j t )t j p g iill.i4M.Mi f 1