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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (Aug. 19, 1921)
DAILY EAST OREGONIAN, PENDLETON, OREGON, FRIDAY EVENING, AUGUST 19, 1021.
OUTBURSTS OF. EVERETT TRUE
DAILY MARKET NEWS, LOCAL AND GENERAL
Including Pendleton Pricea and Associated Prf Reports
llf Market Tnkrn
Mump of "5 ( niti
(From The Orciriin .Toumnl.
North I'orilnnil hou mnrket has de
rlinrd 75 cents within the Inst 14
hour. Thin wan dune in three down
ward jiimpn nf 25 cnt each. First
lollne ahnrlly hefore noun Wed
nesday, the Kecond of LTi cents wan
dutliiK the nftcrnoon tradlnK, and the
third ' thin niornlnK. The market
Ktlll han tt weak undertone. Eastern
ttiHiketB appear to be In similar shape,
i f the or head arriving overnight, six
curs tit 76 head were a direct ship
ment her to packers from South
General hog market rant?:
rtlme llKht Jll.Oflfi 11.5H
Smooth heavy, JBO to S00
pounds S.oOfi 10.00
Finooth heavy. 300 lhs.
noiiith heavy 5.00 3
THE OLD HOME TOWN
fZfj1,' I HOME
JOE HUUK HURTWS MECK LAST EVEMIAJG, -r ''
WHILE CHASING A BASE BALL- r7,", 'f A C
TO GET RICH QUICK
fa alright, but usually it is the oUicr fellow who is
getting "The Riches".
Why risk your money in a scheme that vanishes
over night and leaves you discouraged and money
leas? Always question and thoroughly investigate the
safety of an Investment Uiat promises sure and large
Keep your money in this strong bank, where it will
be safe from loss. Let it accumulate in an interest
yielding Savings Account, until you have enough for
a home, or a business or an education.
A Savings Account means "Ready Money-' and you
too can have such an account.
Hie AmOTcanJBional Bank
Prices that will keep you from going away from
home to buy.
$55 AXMIXSTER, CITY PRICE
OUR PRICE $45.
Cruikshank & Hampton
1 24-28 E. Webb Phone 548
Your Old rurniture Taken In Exchange as Part Payment on New
Esdiuim Areata ta Pendleton for Aerolm (No Whip) Porch
Flit pigs 11.00 11.60
Stags 5.00 7.00
Nothing arrived overnight In the
cattle nlleys. Tone of the market re
mained nominally steady.
General cattle market ranee:
Choice steers 8.00
Medium to good steers. . 6.50ifi
I'alr to medium steers . . B.00W
Common to fair steers . . 4.00
Choice cows and heifers 4.75
Medium to good cows and
heifers 4.25 6.00
Pair to medium cowg and
Common cows, heifers .. 2.60
Choice feeders 4.50
Fair to good feeders ... S.SOj?
Choice dairy calves 10.50 011.00
Prime light dairy calves 10.00 fi 10.50
Med. light dairy calves.. 7.00 10.00
Heavy calves 6.50 7.0t
Sank in Gastern Oregon'
Sheep and lamb market remnined
steady for the day. Valley lnmbs
showed renewed strength during the
Wednesday afternoon trading and ad
vanced 25 cents.
General sheep and lamb range:
East of mountain lambs $ 6.50 4 7.25
Hest valley lambs 6.00 (fJ 6.50
Fair to good lambs 5.00 6.00
Cull lambs 1.60(U 3.00
Feeder lambs 1.60 3.00
Ught yearlings 3.50 Sj 4.00
Heavy yearlings 2.500 3.00
IJght wethers Z.SOiUI 3.00
Heavy Wethers - 2.00(U 2.60
Ewes 1.00 3.00
Mails Show Strength
Hut Industrials Slow.
NEW YORK. Aug. 19. (A. F.)
The stock market lapsed into its re
cent narrow and uncertain course yes
terday, after an early extension of yes
terday's belated rally.
Hails and tquipments of recognized
worth were firm and occasionally
strong, hut speculative industrials and
specialties were heavy or moderately
Halt a score of the usual leaders in
the oil, motor and steel groups com
prised the bulk of the day's moderate
dealings, shorts covering in those is
sues. Transportations were at their
best in the final hour, gaining 1 to
nearly 2 points.
Chief factors of weakness were rep
resented by comparatively obscure
stocks at gross recessions of 2 to 4
points. Studebaker was the only
prominent issue to show pronounced
heaviness, closing at a loss of nearly 4
points. Sales amounted to 400,000
Another drain on local hank re-
series for account of the federal gov
ernment militated against money
rates. Loans held at 6 per cent on the
exchange until the last half hour,
when the quotation fell to 5 1-2 per
cent. Outside offerings at 5 per cent
were reported with freer supplies of
Marked improvement was noted in
foreign exchange, sterling rising more
than 3 cents from yesterday's lowest
quotation. French and other conti
nental remittances also were appreci
ably better, the Dutch rate more than
regaining yesterday's decline, with
firmness in all Scandinavian bills.
Trading in bonds was livelier, gains
predominating especially among rails,
convertibles again leading the move
ment. Liberties were irregular on fur
ther selling of the 3 l-2s and the for
eign group was featureless. Sales, par
Wheat Market Forced
Down hy Hears.
CHICAGO, Aug. 19. (A. F.)
Bearish views of economic conditions
curtailed sueculatlve buying of wheat
yesterday and the market continued
to break. Prices closed heavy 2 3-bc
to 3 3-4c net lower with September
$1.16 1-2I&1.16 3-4 and December
$1.17 1-4 (Cv 1.17 1-2. Corn lost l-4c to
1 3-4e and oats 3-4'5 7-8c to lc. Pro
visions finished unchanged to 17c
It was apparent throughout the day
that liquidation on the part of hold
ers of wheat had received no decided
check and that about the only sup
port in the market was from traders
who had sold at higher figures. More
over, new commitments in the line of
short selling were evidently on an ex
tensive scale. Notice was also taken
of the fact that marketing of domes
tic spring wheat in. the northwest is
much in excess of the movement a
year ago, and that the question was
yet to be forced as to how large a per
centage of the Canadian crop would
get out before the close of navigation
on the Great Lakes.
Corn and oats touched the lowest
prices at this season since 1906. There
was little indication of investment de
mand for either grain.
1'ackers buying helped ,to lift provi
sions and so, too, did higher quotations
Lower It'H Utile
In livestock Market.
OMAHA, Aug. 19. (United States
Bureau of Markets.) Hogs Receipts
8000; supply included larger percent
age of medium and high grades than
has been coming recently, market
"Bill." son of Wallace Reld. movla
ttar. baa already learned to make
high speed on an three-wheeler. His
real name is William Wallace Reld,
Jr., and he apparently Inherits hi.
lov of speed from bis father, berg '
many movie auUxaooUe r
( -V. '3,1 I
! ; TRY " OKI c-
mildly uneven; medium and lights,
steady to strong. Packing grades
weak to 10c lower; bulk better grades,
$8.75 tf 9.40; top, $9.65; bulk packing
Cattle Heceipt8, 3200; beef steers
mostly 15c to 25c lower; top yearlings,
10 head, $10.50; she stock. Hteady;
bulls, weak to 25c lower; veals, steady;
stockers, steady to 25c lower.
Sheep Receipts, 12.000; lnmbs
mostly 25c lower; bulk western lambs,
$9.25 (ft 9.75; best lambs unsold; sheep,
25 it 50c lower; feeders, dull.
Fine Wool Prices
Move I pward Sonic
. T. if
PORTLAND, Aug. 19. (A. P.)
A tendency toward higher prices Is
noted in certain phases of the wool
market at eastern points. Fine terri
tory wools were in demand and sales
of territory wool were reported as fol
lows: Idaho, 22c in the grease; 3-8
blood, Idaho and Wyoming, 21c; and
original fine Utah, 24c. Fine and fine
medium clothing wool was quoted
from 60c to 65c, scoured basis. Wools
of this grade with French combing
length sold at 65c and 70c, scoured,
while strictly combing or staple
lengths brought 80c scoured. Sales
of 3-7S blood were reported at 50c to
52c, scoured basis.
The market for low wools continues
dull and stocks are accumulating.
Peter Gunis to Harry Zographns, $1
Lote 19 and 11, Block 2, Doris.
Paul R. Bowman to Sam and Elsie
M. Smith, $275.00, Lot 5, Block 5,
Koontz's 2nd Add. Echo.
F. J. Meihoff to Oliver Wade, $1.00,
XE 1-4, SE 1-4 Sec. 20, Tp. 6, N. It.
Stephen Lawlor to Irvin A. Barnes,
$1800.00, Lot 7, Block 183, Res. Add.
Ida Phillippy to J. S. Bumham, $1.
NE1-4, XW 1-4 Sec. 14, and part of
N'W 1-4, XW 1-4, Sec. 14, Tp. 4, X. R.
IIAKMM SI STAIXF.n.
SPRINGFIELD, Mass.. Aug. 19.
(I. N. S.) Itarnum's contention that
there 'Is one born every minute" was
given some confirmation here recent
ly. John H. Sakelli, of this city, was
induced by two strangers to deposit
$500 in a "money making machine,"
equipped with numerous cogs, wheels
and cranks. The machine was also
fed some blank paper. Sakelli was
told that in an hour the machine
would turn out $1,000 In bona fide le
gal tender. The strangers had de
parted at the end of the hour so had
Severe earthquakes in New Zealand
have ruined the roads near Auckland.
Nothing can be done to provide roads
through which the earth's crust will
not break. Volcanic workings are
constantly going on under ground.
ir s kh vi c i:
2 Main Line Phones 526
Extra fancy Elberta Peaches for canning, al
so Bartlett Pears, Plums, Blackberries, Yelow
Preserving Tomatoes, Pickling Cucumbers and
Silen(-1 nt iJist
We can picture no sadder accident
than Max Gorf kle's i broken finger.
How is Max going to talk now?
A journey through life reveals that
there are many rocky roads besides
the one to Dublin.
Here's to the Ladies! Whom would
we fight with if they were gone?
Mr. Struck Is You Say It
(From the Ida Grove, la.. Record Era
The many friends of Julius Struck
will, no doubt, be sorry to learn that
he Is at the Ida Grove hospital re
covering from an operation for appen
dicitis. The attack was sudden and
came on Mr. Struck while doing the
Fall Stylos '
For afternoon funerals, wear a cut
away coat and a silk hat. If the
funeral Is your own, leave off the hat.
"Officers seize booze plant when
they hear liquor bubbling in boiler."
We always had an idea a booze plant
It's not hard for a girl who has
money to throw away to find someone
with a strong arm.
How To Start a Parade
Get a package about twelve inches
long and about four inches In diam
eter, and have It wrapped In a news
paper so that one end comes down to
a long tapering point.
Then put the package tinder your
arm and start down the street. Tha--sall!
Young ladles who desire red cheeks
may obtain them much more cheaply
over the kitchen stove than at the
rouge counter at the drug store.
Hard knocks are good for a man
unless he's doing the knocking.
the Crate 85c
NEW FALL SHOES
New Low Prices
You find the same proportionate savings in Penny
Stores, regardless of whether markets .are "up" or
WOMEN'S LIGHT BROWN CALF OXFORDS, $4.98
As the picture shows, this is a very becoming shoe
for the woman who enjoys being well shod. Goodyear
welt sole, Cuban heel, imitation bal strap; pair.. ..$4.98
DARK BROWN KID OXFORDS, $5.90
This shoe is of the same general style as the one de
scribed above but made of fine quality dark brown kid,
LIGHT BROWN CALF TWO STRAP PUMP, $4.98
A clever new number
fall, showing smartness
style combined with scr
and a very attractive price.
Light brown calf skin, very
similar to picture, (Joodyear
welt soles, Cuban heels,
WOMEN'S LIGHT BROWN CALF TWO STRAP
The illustration is a faithful reproduction of this
new fall number, except that the heel is lower than
shown. Very fine soft calf in the new Hazel brown
shade. Imitation bal strap, Goodyear welt sole. Es
pecially attractive to the woman who likes a medium
heel or for the Miss going to school. Pair $7.90
.TIIH LA HO F.ST
ISTOllti OHGAMAXiO.V I.V Till; WOltU)
DR. LYNN K. BLAKESLEE
Chronic and Nervous Diseases ni
Diseases of Women. X-Ray Electrlr
Used Car Bargains
1918 Reo Chummy Roadster lias all good tires, one
extra tire, excellent condition in every way.
Terms, $200 down, balance 12 months.
1917 Hudson Super-Six, 7 passenger Runs like a
new car. Price $850.00
Terms, $250.00 down, balance 12 -months.
1919 Oakland Touring, all new tires, wonderful con
dition. Price for quick sale .....$745.00
Terms, $200.00, balance one year.
1918 E-49 Seven Passenger Buick, completely rebuilt
in our own shop. Price $1200.00
Terms, $400.00 down, balance one year.
Oregon Motor Garage
119-121 West Court St.
A new fall number that
will be very popular with
it's smart new last, Imita
tion bill strap and soft
calf leather In the new
Hazel brown shade, as Il
lustrated except It has six
evelet fastenings, (lood
yeur welt solo Cuban heel.
Wood for Sale
IV CWIt 1)TS
Yellow Pine, Fir and Tamarac
F.AItL (.IMi.Mi:itS, I'cndU-toii
MAKES WASHING EASY
Our sanitary open plumbing In the
laundry Insures you a full supply of
both hot and cold water for launder
ing Insures cleanliness, convenience
and comfort; insures good results all
round. Iet us Install our new porce
lain equipment In laundry, kitchen,