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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (Jan. 20, 1922)
TAGS TE3 DAILY MARKET NEWS, LOCAL AND GENERAL Including Pendleton Prices and Associated Press Reports OUTBURSTS OF, EVERETT TRUE Wool I'tMitlun llcmains Viry Ktroiis BOSTON', Mass.. Jan. (A. I Wool dealers continue to speculate hi wool and manufacturers lire critiiisim; them severely. Murh of the current buKlnr'.Hs Is between dealers anil prices are tilrrwly pushed up in the operation. The market is fi-verish and, if supplier were plentiful, the turnover would tie tremendous. Con ditions are not likely to chmme until the heavy weight Rood openings are over and ths tariff hill has been re ported In the senate. AW . world markets ;wrfMl"i;cing. Americans are fcuyiiiir In Australia and New Zealand with a view to huldr ing their piu'chascs there until they know vM Cktfdtily Is to be. If that ; )b not natisfactory they can ship to London and resell. Sydney has made a further advance of n per cent. Trices ut Ijverpool East India wool bale, Tuesday, were S to 10 per cc nt above the last sale. While little effort to contract n the . west is reported. some fine mid fine medium clips have buen miirtguficd in ,-Nevada, at llf to 1!1 cents. Jtoston dealers iiy that the ;7 to 2S cents paid for choice three-eighths blood at the Kile of western Idaho wools In Portland this week means a Cost, lai.l j down here, Kreater than the present , market priee, yet the market may pro up berore the wools get here. In this market choice fine Maple territory holds at 95 cents to $1 clean. Good fine and fine medium staple can be had at h; to SO cents, half-blood staple at a,sr. cents, three-eiehts bluod staple at SO 5i G5 cents and qiiarter--Idood staple at S0i 55 cents, all clean basis. Choice fine ami fine medium clothing wool is quotable, at T5i.Sli cents th an. 'and less desirable at ."i "0 cents. Some fall Texas wool is 65 'ftl nuts and some Is held for TO i-enls. Ohio mid similar fleece wools run tinuo Btrung, selling in small lots only at 45 cunts for Ohio fine unwashed de laine, 4ii(fc41 cents for half-blood combimf, for three-eichts blood combing. 34M36 cents for quarter- Mood combing and 3 3 34 ceuls for fine unwashed clothing. Pulled wools are fairly active at previous uuota tions. Video 3s have sold tit 3.4 cents and 5s at ; cents. Buenos Aires 4s at 3 s cents and is at 25 cents. Choice vaie clothing scoured wools are offer ing, in small lots at tig cent. The supply is limited. Second clip South American wools from the recent gov ernment sales have been turned over a t 55 cents after being reconditioned. THE OLD HOME TOWN By Stanley j oSthinc, sale vouncmw i llp 1 a (X if l lM' !li ID VWUBSLEU.VAIO DEUVERtS , WASHINGS rVK. Mia vvirc-i- VICTIM IT IWKWUULR- HE SPRAINED HIS WRIST WHII-E en AVIMC rAPfit I iTTMIKUT. W". ir "A WORD TOM WISE" W enough, us poor lilcliunl quoted. 'I'YIenils, tiuid Iio, tho tuJOH art" Indeed heavy, nnd, If those lulil on by Uio government were, tho only ones wo lind to puy, wo might mow cosily dlschargo than but wo'vo immy others.. Wo nro taxed twloo .um much by our idleness, threo Mines us much by our pride, nnd four limes us jmicli by onr folly, and from theses taxes the conuuMoiicrs ciihihh nasi or deliver us." Commemorate National Thrift Week by opening for ' bclf or children to savings luvimnt in tliis Mining; bank, widi one dollar or aiiore for tiu'li aoconnl. THe AroericanNaiional Bank Pendleton, Oregon., tjirji.; tessx, wrongest nam; m eastern jregoa I'oslilon of .Most StiN-ks Much Weaker NKW VOKK, Jan. ZD. (.. I'.) For the first time in a week the stocn market yesterday indicated an excess of oiTerinns over demand, the list re cording irregular or uneven changes throughout the active session. The market's reversal was popularly attributed to the firmer tone of money. Call loans opened at 4(4 per cent, rising to 5 per cent at mid-day with a 6 per cent rate in the final half hour The only stocks to hold or enhance recent tains were specialties domi nated by professionals and vother shares In which the floating supply is believed to bo so small as to make them readily available for speculative purposes. These croups again em braced the independent steels, minor equipments, utilities and sugars, where further extreme advances of 2 to 8 points were made. Oulf states Steel added almost 20 points to its steady upward movement and closed at 82, a net gain of 16 5-8 points. This represents an advance of 31 points thus far this week. Tho reactionary Bide of the market was featured by motors, oils, tobaccos and various miscellaneous issues, In cluding textiles and the major equip ments at declines of 1 to 3 points. Halls again were listless, investment or dividend-paying issues being only oc casionally quoted and then mainly at concessions. Sales amounted to 835, 000 shares. . 'Dealings in foreign exchange. In cluding Drltish and French bills, were light nnd without notable changes, aside from the easier tone of sterling, marks and guilders. The Bank of Kngland m-eekly report disclosed fur ther strengthening of that institution's liabilities reserves. I Bonds were moderately unsettled by the tighter money market, liberty is sues, with one exception, closing at de clines. Most foreign Issues were steady, but rails showed hesitancy, aside from the new Southern Railway 8 l-2s, these rising sharply over their lssuo price. Total sales, par value, ag gregated $16,275,000. Estimate of Wheat Sliortago ItooMs Price. CHICAGO, Jan. 20. (A. P. Bull- mo enuiiiuic or. uomestic farm re serves did a good deal to shift wheat prices yesterday. The market closed strong 1 -78o to 2 l-8o net higher. with May $1.14 1-4 to $1.14 3-8 and July $1.02 3-S to $1.02 1-2. Corn gained 3-8 to 6-8o and oats 1-4 to 5-8c, In provisions, the outcome varied from unchanged figures to 20 cents h'lghor. According to a recognized authority tarm reserves of wheat, less spring seed requirements, suggested a total of 110,000,000-bushels. Allowing for average , bread requirements, this would mean a shortago of 80,000,000 bushels July 1, except for. mill nnd country elevator stocks. Moreover, department of agriculture reports cur rent today indicated that European countries might bo expected to con tinue buying wheat freely In tho world's markets, and there were predictions-that a new decrease In the United States visible supply would he announced on Monday. The finish wuw at nearly tho top level of the day. Com nnd oats went higher with wheat. Exporters continued after corn Ah In tho case ot wheat, estimates of farm reserves of corn were bullish. Scantiness of provision stocks tend ed to strengthen the provision mnrket TH5 CeST TlMfc: TH4T feVSR te6M mads TJeTw&srw Trteree wp Here (S TWO HOUR, 15UT X "DRoVts IT IM Wls- . . . . - , . . I I M OROt TO To "THAT "DiSTlrJCfi IN AH HOOr: Un1 A RKF H4t) TO TiQAvec OVSR SIXTY M't-es Afi HOUR -TH4T5 TOO (ST FOR fPuncrC YOU'Rf QTHGR LYMC MOfOUT IT OR TEU-fNC TH6L TROTH IN CU HEK CAOC TOW t&iSrSVe. Good CoouT yi A top, $8.50; bulk, $7.8508.25; pigs, 10c to 15c higher; bulk desirable, $8.35 8.60. Sheep Receipts 22,000 head; best fat lambs and light sheep steady; oth crs weak to 25c lower; fat lamb top early, $13.10; bulk early, $12.5012. 85; few yearlings, $12; fat ewe top, $7.50;, talking steady on feeder lambs, CANADIAN STATES ARE fliltlo and Sheep Turner, Hogs Higher. CIllCAliO, Jan. 20. (t'nitcd States Bureau ut Markets.) Cattle Re ceipts, 14.000 lietid; market slow, few early sales beef steers weak to 25c lower, quality plain; bulk $6.65 7.50; fat she stock unevenly lower; bulls about Mte.adv: veal calves opening 50c higher: Blockers and feeders dull. 15c to 25o lower. HcKH Iturulpls, 51,000, active, argely steady to 10c higher than yes- uirdnys average: butchers up (most: top $8.60 for light lights; practical -MIA The adium R A HEATER YOU WILL BE GLAD TO OWN Heaters are one of the best heaters made. They give you more heat and useless coal. These burn coal or wood and are a medium price heater. MRS. CAROLINE BOLES fwujs5 vjomc in ana make your S'l selection while our stock is If complete, and be assured of pienty ox neat uunng me 33.. cold days. CRUIKSHJINK & HAMPTON l H COMPLETE MOUSE rURNISMCRS V xs O WINNIPEG, Man., Jan. 20. (I. N. 8.)-Fort fivo years Manitoba, Sas katchewan and Alberta had won the championship of North -America in oats and for four years the Interna tional chumpionshlp in barley. These victories are pointed out in a recent government report on agriculturo in the prairie provinces. in 1916 nt tho International Sod Products Exposition nt El Paso, Tex., AiDerta won the International sweep stakes in outs, and In 1917 when the exposition was held at Peoria, 111 me promlcr honor was divided by Alberta ran second. In 1918 when the Manitoba and Saskatchewan, while international exposition was held at Kansas City, Manitoba carried iff the first three prizes in oats, as well as the sweepstakes. In 1919 J. C. Lucas, of cayioy, Aitu., won the championship and repeated in 1920 at the Interna tional Livestock and Grain Show at Chicago. In the -past five years Alberta has won tho oats championship twice. Manitoba once, Saskatchewan once :ind Alberta and Saskatchewan -have divided it once. Never once has it left Western Canada. iiceiern t-ananian oariey lias won tho championship at the International Drjj Farming Congress at Lethbridf,-.!, Alia.; Tulsa, Okla.; Wichita Kails, Tex., and Kansas City for the last four successive years Manitoba carried off the first threo prizes In barley in 1918. "This record." said a government official, "is bno of which the most highly developed farming region would be proud. It is even more re markublo when it is considered that only one-tenth of Western Canada is under cultivation. When settlers break up tho waiting millions of fer tile acres there seems little doubt thnt Western Canada wjll become the greatest graJn-producing area in tht world." I OFFICE CAT BY JUNIUS IT ni SSLW JEWKXS rLENTTFVU LONDON', Jr.n. 20. (I. X. S.) Russian Jewels afo ffAted to be still coming Into London in somo quantity, but tho supply is said not to be so great as formerly. The color and quality are also deteriorating, being ill-cut and yellowish. Cork screws are out or employment. Another proof that it doesn't pay to be crooked. In Lapland. the natives eat candles. A birthday cake really mouns some thing up there. ... " fr- "lloney" and "money" aro very similar in spelling, but they differ greatly In sticking qualities. X. II. Consider the pin it's head keeps it from going too far. t Moro About Galoshes ' Girls who slop around tho streets with galoshes unbuttoned are pretty sure to reflect their untidiness in the home if they ever happen to have one of their own. After it's all over, who can tell tile difference -by tho sound whether one Is eating celery or stepping on a basket? . In searching for' bootleggers, your conscience bo your guide. let A news dispatch says that Edna Krippendorf, of Cincinnati, swallowed a dime and a few minutes later,1, a penny. We presume the penny was for tho war tax. An X-Ray picture, taken tho next day, showed small change in Edna. - SCIENTISTS TO lXltTi;ilj yl'AKES liEIilvKLEV, Cul., Jan. 20 (IT. P.) Tho time may be coming when earthquake predictions can be distri buted Just like weather forecasts and with a similar degree of accuracy. Tho regents of tho University of California have appropriated $4,000 for the . purchase of an instrument to be installed at the Mount Hamilton, Calif, observatory designed to gather data on which future predictions muy be based. ,' Tho theory on which astronomers nd geologists', of the University aro Joan of Arc Statue Unveiled 121-28 E. Webb Phone 548 YOUR KIDNEYS Your Good Health and Long Life Depend on Your Kidneys. That's Why Insurance Companies Always Insist on Urinalysis. Bcaverlon, Oregon "I take great ploasure in stating what Dr. Pierce's Anurto Tablets have done for me in a very severe caso of bladder and kidney trouble. For ten years 1 was distressed obout every thirty minutes. I doctored and doctored but no relief. My lust doctor till was $175.00, and I , was no better, I went back to my old home and my folks wanted mo to give Dr. rierce'i Anuric Tablets a trial so I did and I also took the Golden Medical Discovery' with them to work ou iny liver. Now I can walk, ride, go to town and go for five or six hours without being distressed. I can not praise tho Anuric Tablets too much for they are wonderful for tho kid neys." Mrs. Caroline Boles. Bor. 363. Write lir. Pierce's Invalids' Hotel in Hiiftalo, N Y for tree advice Scud 10c for trial plt& Amine. Vi ft ,rctf ryj1 w'r Wek accepts the statue of Joan of Arc at the eutue before Rheims Cathedral and was presented to the American .government b tiie Society of French AVomen of New lork Amw'can I THE LARGEST CHAT DK?sJvTMEXl 1 ' STORE ORGANIZATION IX THE WORLD" Women's Comfort Shoes S2.98 Here's comfort and economy very cleverly combined. Good quality black vici kid, flexible close-edge sole, plain toe and low rubber heel. Why wear shoes that hurt your feet when comfort may be had so economical lv Sizes 3 1-2 to 8. Pair $ )8 Women's Seamiest Com fort Shoes, $4.50. The last word in shoes for tender feet, no seams to touch toes or joints, hand turned sole almost as flexible as a moccasin, fine black kid uppers, low rubber heels, pair $4 .50 Children's Sturdy Dress Shoes, $3.49, $3.98 The picture gives a good idea of the attractive ap pearance and sensible line of this sturdy shoe for youngsters. Fine quality brown calf, Goodyear welt, soles, low flat heels, B and C widths, sizes: SV2 io.U ........... -:.,.:Ai) ll1 to 2... $3,98 CHILDREN'S SCUFFER STYLES restless growing For feet we know of no shoe that will give more com fort or greater service for the price you pay than our scuffer styles, shown in black kid, gun metal and Jbrown . calf leathers, sizes 54 to llia; prices are........ $1.98, $2.25. $2.69, $2.98, $3.25 MEN'S BLACK ENGLISH KID OF CALF $1.98 High grade shoes, every pair. Very best workmanship and high grade leath ers, both calf and kid, Goodyear welt soles, many have rubber heels. See them in our island window ; pair $4 9 I ; CHILDREN'S SUBSTANTIAL STOCKINGS, 15c Made strongest where wear is hardest. Heavy triple knee; double reinforced elastic legs; smooth and even feet and toes; strongly made triple toes and heels, Sizes 5i2 to 9i2 ; pair : 11 . ITS iffai . 1 rim r h -incornonxtga 1 312 LiPARTMENT STORES' PENDLETON, OREGON 1 now working is the changes In lati tude, slight hut nevertheless detected by various observatories precede as well as follow quakes. Data, theso men believe, can be gathered covering these ' changes in latitude on which accurate earthquake forecasts can bo based. If: AUM Mil:;! Materials no Failures mm When you use it jou use less wo wm rmm wnen you ouv it 'moderate in price A pound can of Calumet contains full 16 oz. Some baking powders come in 12 oz. cans instead of 16 oz. cans. Be sure you get a pound when you want it "QT HAM BY A Will CA1UMIJ 6 3