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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (Sept. 20, 1921)
DAILY EAST OREGONIAN, PENDLETON, OREGON, TUESDAY EVENING, SEPTEMBER 20,1921. 0.- ft OUTBURSTS OF EVERETT TRUE 4 DAILY MARKET NEWS, LOCAL AND GENERAL Including Peadlston Pricsi and Associated Prew Reports lJ 7H(5 TUrVNY LlTTCe CHIN 4 ON TWATuY OVeR. ThoRS I IAGE TEN frUv of Hum ;, I p shnil hi Portland Fmhii The Oregon Journal.) Ninety-nine rare of livestock came 1a North Portland Monday compared with 1J liixt Monday, 114 two weeks kgo ami 1 15 cum a year ago this same day. Hf.tjH surprised the trade with an advance of 50 to TSc; cattle were (low and week tn spots and steady rim-where, while sheep were steady to trtrnnC Ntirth Portland apparently is used to dolus thiiiKs by contrary. It gener ally advances when the Kast drops and dropr when the Kast advances. This time It nrtiially advanced when the KuHtern trade prices moved up.. In stead of the lower price that was due In the hoa trade here because of the fart that the Portland yard values are far In excess of the landed values of l-iastern stock, there was a sheer rise of 51 to ""i cenls at the opening of the Monday morning trade. Hoss moved generally tip to $11. BO for tops, hut an extreme sale was made at the opening at $11.75. In this sheer price movement one thing is apparent: The llg fellows are getting their hogs from the Midwest at low prices and they are bidding high Monday morn ing on a limited supply to force the little fellows to pay extreme values and thereby create a higher fresh pork price than would be the case if the lit tle fellows bought on the basis of the Kastern delivered price. .It's one of those nice Utile tricks that .big busi ness play s once in a while to muke It interesting for the underdog. To the local shipper, however, the advance in the price Is a good occur rence. General hog market range: Prime tight $ 11.00 Jj f 11.75 Smooth heavy, 200-300 pounds 9.50 10.50 Smooth heavy, 300 lbs., up S.50 9.50 Hough, heavy 6.00 C 8.50 Fat pips 11. 00f 11.50 Feeder pigs 10.50 & 11. 00 Stags 4.00 7.00 Market for cattle ruled depressed, so far as the steer division at North Portland was concerned, at the week's opening. There was a total run of 2839 head In the alleys as compared with S156 head last week and 2560 head a year ago. Steers started with a slow and weak tone, with indications of price conces sions at the start. Cows were in small THE OLD HOME TOWN By Stanley JUST AS HENFCf APPLEGATE FINISHED PAINTING HIS PLEASURE CAR A WHIRLWIND CAME- UP MAPLE STREET T A ( hocking Account with tins ttrong bank Is a tlis tinct convenience for si'micii ieoplo, wage earners, housewives and those whose incamrs are not large, Just as well as for tlic who liav; larg; incomes. A check on this lian'i! signed liy yon. Is an order on us to iay a Pecirieil amount of money to any person named by you iIk-ix'-i. The rhi-.rk In i-linrcd against tlie amount you liave in this bank. We Invite your eliciting account. We oneu sucli ac counts here every Jay. Hie Amef icariMibnal Bank Pendlefon'Oregprt, BLUE TAG SALE STILL ON Army Cots . GET ONE FOR ROUND-UP. These cots purchased on a special price, placed on sale at $4.50 for quick disposal. Cots cost $5.50 whole sale, so you can see what you make on such a buy. BUY YOUR HEATING STOVES from us and save from 25 to 30 per cent Call early and see them; we are waiting for you with just the right price. ' . BEDS AND MATTRESSES , l BLANKETS AND - ; . " COMFORTERS f i jsV ; Cruikshank & Hampton 124-28 E. Webb "Quality Counts" Phone 548 Vur Old I "unit In r Takes la ExcJuuise aa Pan Payment on New fccciualv Agent la Fendlef n for Aeroiui (So Whip) Porch supply. It appeared everyone wanted I cows ut the Monday opening, and there were few cows available. This creat ed a strong tone in that line that was foreign to the steer trade. General cattle market range: Choice steers $ 5.75$r Medium to good steers . . 5. 'J Mi1 Silr to medium steers . , 4.75 Gi1 Common to fair steers . , Choice cows and heifers Medium to good cows and heifers 4.25 Fair tn medium cows and heifer 8.-250 4.25 5.' 5.25 4.00ji 4.75 4.75 5.25 1 4.75 2.50 ilji 3.50 1.50 S. 50 2.500 3.50 4.50 6.00 3.60 4.50 10. 50011. 001 Common cows, heifers Canners Bulls Choice feeders Fair to good feeders . , Choice dairy calves . Fnme light dairy calves 10.00 10.50 Med. light dairy calves.. 7.0010.00 Heavy calve 5.50 7.00 Total run In the sheep and lamb di vision at North Portland over Sunday reached 1243 head, compared with 2S3S head a week ago and 2590 head a year ago. Market in general started with a steady to strong tone, with wethers the dominating feature. In this line there was a general advance of 50c over re cent values, top light stuff moving to (4 and heavy stuff to $3.50. General sheep and lamb range East of mountain lambs f 6.00 Sp Best valley lambs 6.50 0 Fair to good lambs 5.50 (it) Cull lambs - 1.50 Feeder lambs 4.50 Light yearlings ..- 4.00(d 4.50 Heavy yearlings 2.50 3.00 Light wethers 3.50 (Tp 4.00 Heavy wethers 2.50 3.50 Ewes 1.00 3.00 6.50 6.00 6.00 3.00 5.00 Trading In Stock Market Kcactionary NEW YORK, Sept. 20. (A. P.) Concerted opposition to the recent re covery in the stock market was reflect' ed in the reactionary course of yes terday's trading. Trices were barely tteady at the outset irregular at mid day and heavy in the final hour, when offerings were most extensive. News and other developments con tributed to these unstable conditions. Railroad centers reported another marked decrease of idle freight cars, but more wage reductions and curtail ed production were announced in vari ous lines of industry. A cut in the Guarantee Trust com pany's dividend and the more pressing financial requirements of secondary specialties, notably food products also provided the shorts with fresh ammu nition. Money rates remained easy, how. ever, last Saturday's large gain of re serves by clearing-house banks bring ing additional amounts o'f cash Into the market. On the exchange the 5 per cent opening quotation for call loans soon fell to 4 with the usual shad lng of this figure in private negotia tions. Bull pools resumed their campaign with United States Steel as the leader at an early gain of almost two points. Associated issues rose almost to like extent with oils, motors and their ac cessories and a few specialties. When it became evident that the rise lacked public support the market gradually reacted. Equipments, oils. motors and coal shares were most vul nerable, falling one to four points un der last week's closing quotations. Baldwin and American Locomotives, General Electric, Mexican Petroleum, General Asphalt and Crucible Steel were weakest and United States Steel canceled its gain. Sales were 575,000 shares. Sterling was the only Important foreign remittance to hold fairly steady, French, Italian, Belgian and Dutch bills reacting three to six points and marks losing eight points. Hates on China and India continued to strengthen. Liberty issues again dominated the bond market, the second 4s displaying marked strength. Other domestic bsvnds hardened, but internationals "were irregular. Totaf sales, par value, aggregated $13,425,000. Bullish News Makes Wheat Position Stronger CHICAGO, Sept. 20. (A. P.) Of ficial announcement 'that August ex ports of wheat and flour were far above estimates had a bullish effect yesterday on wheat. Priced closed firm 1 3-8 to 2c net higher, with De cember $1.27 to $1.28 ani May $1.311.32. Corn finished a snare to l-2c up, oats off 1-8 14c to 6-8c and provisions varying from 10c decline to 17c advance. Bulls figured that after September 30 the exportable surplus of United States wheat, if a normal carry-over is allowed for, will be near exhaustion. Another stimulus to an advance in Prices came from word that th Ar gentine exportable surplus has been reduced 16,000,000 bushels. Wet weather in northwest counted likewise as a bullish factor. On the other han-I profit-taking Bales on the advan'c were heavy, and an Increase of 4,049, 000 bushels in the United States visible supply caused a bear drive on prices after midday. Besides, new export business appeared to lack volume. Support from bull leaders, however, was quickly forthcoming and shorts were covering freely at the last. Corn averaged higher In sympathy with wheat. Oats, though, tended downward, largely ag a result of the liberal stock in sight. Higher quotations on hogs together with big shipments of lard and meats, put considerable firmness In 'provisions. Hotrs Higher, Cuttle and Sheep lower OMAHA, Sept. 20 (United States Bureau of Markets.) Hogs Receipts 4000 head; active, mostly 25c higher; bulk belter grades, $7.607.75; top, $8.15; bulk packing sows, $6.507. Cuttlo- -Receipts 18,000 head; beef itecs steady to 25c lower; early top feeder steers. $8.75; she stock mostly 15&25C lower; bulls steady; veals weak to lower; atockers and feeders Ueady to 25c lower. Sheep Receipts 1800 head; lambs fully 25c lower; best western, $9.60 bid; sheep steady; ewes, $4.25; feeding lambs slow, weak to 26c lower. WagoiieS 31-2 .....195i00 314 .. $175.00 3 . $160.00 ' Now is the Time to, Buy. Sturgis & Storie I I'JW . t 1 J7' ' I 1 I. Ill W W " - - G-tsT THAT NOSs cx;Tpl Tc? See HIM i ifiiiiws-s . ; s ii'u i ' ' ' vnijHyy v . -"J1,;., 1 ... i ..- i-.il.. ... a 101717111? n ATT 1 1 I. ' - . . fl ' VA A JIVil J VITi I! II K v I! II ' 2tTTk II II fl WI. a nn . ,;, BY JUNIUS - . L - I' I Wanted A Union Day, by tho Fa vorite Mount We think the Officers of the Hu mane Society, after a look at the pic tures of the queen and her maids, would certainly sue for an eight hour day for Buck, the Round-Up horse. To Ono of the stars Behind Hie Bars The play Is-over; ring the curtain down. Fat qlown, good night you did your best to please. But now you're through and only win a frown, You make us sigh; you're weary, Hi at ease. We do not seek to hold a model up. Preach sermon, or to tell a moral tale You drank damnation from the Devil's cup. Remorse is gibbering at you. In a jail. Better be small and shine than to be great and cast a shadow. . Well Mcblw "Why should the groom cut such a small figure at weddings?" "Well, I don't know. Maybe it is a good plan to start a husband off with an idea of his utter, unimportance." Still, a lot of men who are masters of their fato have to get up and get their own breakfasts. Season's Open! f 1 0 - Jr. M vJ j Jour leven-foi ly-foui !. 'the cry the gridiron warrior will soon be (heard throughout the common weal.h. All the colleges are prac-. tkini;. This l Oelf. a promisingl recruit of the Harvard eleven, at1 work with tX Uckla dummy. Ill nOAJONQiXMiUI . Nop Ready! Men's Fall Hats The Pep Our New Fan Hat Steel, Kusset, Seal. Green and Back $4.98 One of the most popular styles In one of the best of the Fall Hats, manufactured exclu sively for the J. C Penney Company. Excep tional quality felt, beautifully satin lined; fine 6ilk trimmings and genuine leather sweats, TbmPtp The Headliner Jbe Popular Hat in 312 Store $2.98 Russet, Steel. Seal. Olive Green and Black The Headliner Especially designed by the J. (1 Penney Company to meet the style and quality require ments of the thousands of young men we serve. Close rolling brim welt edge satin lined. , THE LAEOEST CHAW HRHH STORE OBOAHIZATIOll IN THK WOELD M Florence Avery Rice i Dramatic Soprano Pupil of P.. X. Arens Voice Maccment , . Master Diction Studio Phone 408 Perkins Ava. 791-W W oo d for Sale 1 IV CAIt LOTS Yellow Pine, Fir and Tamarac EAIUj GIIjlAJ(lEn8, Pendleton DR. LYNN K. BLAKESLEE Chronlo and Nervous Disease! ant DImsw of Women. X-Ray Electrk Therapeutics, Tempi Bldf. Room It ptooM 111 ' . ' If AU Cars Were Alike Where Wdujtl Xp" :: Buy Yours?; The car buyer sometimes lets unique or distinc tive car specifications shut out his view of dealer re sponsibility. ' . .. ' . "' i.,; Far from a garage, the finest auto ever built can - be rendered useless by some little bit of trouble not discovered or understood. . Day by day, the constant and satisfactory use of . any car depends upon tne accessibility or service. He serves best who is best prepared. . , . We are always ready. . . BUICIC 1 ' Oregon Motor Garage 119-121 West Court St. s PhoM 463 , Goodrich TIRES Goodyear t MUM M M M Jt t LM lMMIHMtnM J Mt MUf m