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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (Aug. 4, 1922)
TEN PAGES DAILY EAST OREOONIAN, PENDLETON, OREGON, FRIDAY EVENING, AUGUST 4, 1922. PAGE TEN OUTBURSTS OF EVERETT TRUE DAILY MARKET NEWS, LOCAL AND GENERAL HA f S vefiL&x x 11 looc IT . II W Hi Including Fc-ndleVca Prices and Associated Press Reports llallroart and Foreign Bonds Show Strength. NEiW YORK, Aug. 4. (A. P.) In vestors' confidence In the successful outcome of the railroad strike was re flected In the brisk demand for rail road securities in yesterday's bond market, which was strong In tone. French and other Kuropean issues al so recovered from their recent heavl ness I nresponse to the stabilization in foreign exchange rates. Strong features of the roll group c were Great Northern 7s, which touch ed 111 1-2, a new high; Northern Pa cific 6s, New York Central 5s, New York, Ontario & Western refunding 4s, St. Louis & Southwestern 4s. Bal timore & Ohio gold 4s and Pennsyl vania gold 7b, the two latter also at new highs. Third avenue adjustment Cs reach ed their highest point in several years on reports of a prospective resump tion In dividend payments, but they weakened toward the closing. French government 7 l-2s and 8s and the various French municipal is sues were firm, together with City of Prague, 7 l-2fl, which slumped per ceptibly yesterday on the withdrawal of syndicate support. Brazil 7s were ed of. the market lapsed into pro- at a new low ,and weakness was also Inounced dullness, which was relieved shown in the other issues of that re public. Liberty bonds held firm, except for the Inactive first and second con vertible 4 l-4s. Dealers report that large blocks of liberty issues arc be ing offered for sale in the coal min ing districts, Indicating a weakening of the striking miners' cash reserves. Total sales (par value) were $13, 801,000. The only important new issue toflaj was the 1(9,000,000 first mortgage 8 per cent sinking fund gold bonds of the Long-Bell Lumber company, which was offered at 96 to yield 6.3s per cent. The general trend In today's re stricted trading on the New York stock exchange, was upward. Interest centering in the oil shares and a few of the high grade industrials and specialties, for which there has been a good investment demand. Wall streets optimistic view of the strike situation and the Improvement in foreign exchanges were reflected In the strength of opening prices. After the overnight orders had been dispos THE OLD HOME TOWN By Stanley Does an Education Pay? Many hoys ami girls ami ninny Hnii(s as well urc UKlny Itilniilii.'f about tlio problem of an education and wlielher or Hot It Is worth the expense or effort. To enable yon to decide tor yourself, reuil the facts and figures In this spnee of the succeeding Issues, nil of which Information In derived, from reliable Moiui-es. HAYl.XtiN nKPATlT.MKNT. The AmericanNaf ional Bank Pendleton. Oregon. 33 Ynrs Of Continuous Banking. I i -m .I i lllllin III I III! Ill" SPECIALS CUPS AND SAUCERS, PER SET $1.00 JARDINIERS, EACH $100 RUG, 27x54, VELVET, 2 COLORS, PRICE ONLY . $2.39 CONGOLEUM RUGS, 2x4 FEET, PRICE 9Sc CRUIKSHANK& HAMPTON 4 CMftCTt HOUSE' TUR NI5HCSS J ;iaut result 121-23 E. .Webb Thone 548 Y OK Ftomtiara Taken ka drhaac aa Fart Pmymeat s New Areata to Pasallcaoa for MoDoall KMcfeea CaMma , I ' 1 ' THE POST OFFICE WAS ROBBED, ' I. AST NIGHT-MARSHAL CTEY WALKER SAYS THE ROBBERS, i WILL. Be BEHIND THE BARS WITHIN FORTY EISHT HOURS - during the noon hour by an atack of the short Interest. However, good support was forthcoming and prices rallied and held steady to the end. Mexican J'ttroleutii was the indi vidual feature, showing a net gain of 8 1-4 points for the day. Other for eign oils strengthened in sympathy. Domestic oils also advanced in the face of further price cuts for crude oil and gasoline, substantial gains be ing recorded by Texas company, Cos den and Phillips ePtrolciim. This un. looked for strength was atributed In some quarters to the covering of short contracts. Low graile rails were In good de mand, Chicago & Alton shares show ing conspicuous strength in this group. Other rails held firm on lim ited dealings. Reports have been current that many high-grade rail and Industrial stocks traded In re cently have been accumulated by strong interests and withdrawn from the market, diminishing the floating supply. Sugar stocks were strong on re ports of increased prices for crude and refined products and statistics. In dicating that the available Cuban supply will be virtually' exhausted be fore the new crop Is ready for the market. Cuban American Sugar was at a new high for the year and other manes of that group hardened In sym pathy. ' Chicago IjlvestiH'lc Market , CHICAOO, Aug. 4. (U. St. rinreaii of Agricultural Economics.) Cattle Receipts, 10,000 head. Market fairly active; beef steers, strong to Upc high er; bettor grades showing most ad vance; top beef steers, 10.7B; bulk, IS. 7Si 10.40; she stock, steady to strong; bulls, steady to w'eak; veal calves, strong to 2 Go higher; stackers, strong; bulk beef cows and hoifers, $5.35 7.35 ; bologna bulls, mostly J4.HiffS4.40; bulk vcalers, early around 110.25. . Hogs Receipts, 21,000 head. Bent light, light butchers and light mixed, 10c higher; others about steady; top, $10.85; best 220(fS225-pound butchers, $10.10(3)10.45; bulk, packing sows. J7.90ffi8.60; pigs, steady to strong, $9.7510.50; heavy, $9.50ffi10; med ium, $9.9010.7f; light, $10.70 B 10.80; light light, $10.40 10.70; pack ing sows, smooth, $8i8.50; packlne sows, smooth, $7.25 8; killing pigs, $9.5010.B0. Sheep Receipts, 12,000 head. Fat lambs, strong to hlghed; spots on na tives, 15c to 250 up, considering qual ity and sorting; top natives, $12,75 to city ibutchers; early packer top, $12.55; bulk naatlves, $12.35 ffi 12.50; culls, mostly $8.60tjj9; four loads very good Idaho lambs, $12.90, with 25(1 out; sheep, firm; top fat native ewes, $7.25; feeder lambs, dull. Vve Cor A 1BITE: L,.Pf I've. Cor A all. i?if2HT - screA-rCH it III V tviJT To StMiee THec F'tW tvHV. MOT GO IN SlAilWMiKfS ViJ. Oulu At Him Francisco SAX FRAXCISCO, Aug. 4. Wheat milling, $1. 85i) 1.90; feed, I1.S5W 1.90. Barley Feed, $1.17 'A IS 1.20; ship ping, $1.25(iiU.35. Oats Red feed, $1.60 1.75. Corn White Egyptian, $22.10. Hay Wheat. 15ffil7: fair, $13 (if $15; tame oat, $14W16; wild oat, $10 WIS; alfalfa, $13(f?15; stook, ?9W11 straw, nominal. BOTH TO BE PRESENT Oarlot drain liiinelplA ' CIUCAOO, Aug. 4. Carlots; Winni peg, oats 68; Dulutli, wheat 25, corn 7. oatsl. St. I.ouls, wheat 251, corn 40, oats 45. Kansas City, wheat 500. corn 27, oats 6. Omaha, wheat 102. corn 61, nuts 95. Minneapolis, wheat 106. Seattle (rain Market SEATTLE, Aug. 4. Wheat: Hard white, soft white, western while, hard red winter, northern spring. $1.12: soft red winter. $1.10; western red. $1.08; hig Bond blnestem, $1.20. Feed and hay unchanged. NEW ORLEANS, Aug. 4. Organiz ed labor and organized baseball will be represented at the American Legion national convention in New Orleans next October. The convention com mittee has received word that Samuel Oompers, president of the American Federation of Labor, and Kenesaw Mountain Landis, high commissioner of organized baseball, will appear on the convention program. Acceptance of the convention in vitation by the labor leader follows an address made 'before the recent nu tiontional convention of the American Federation of Labor in Cincinnati by Hanford MacNider, Legion national commander. A resolution ndopted by the labor delegates instructed Mr. Gompers to apear before the Legion gathering as the representative of or ganized labor. In his loiter to Commander Mac Nider, Mr. Gompers said: "One of the most interesting and pleasurable events of the Cincinnati convention was the eloquent address you delivered. I heard many expres sions of commendation of your re marks. You made a deep impression upon the delegates. Personally 1 want to take this oportunity to sny to you that I regard your address as another strong link in the chain binding to gether the American Legion and the American Federation of Labor." Mr. Landis, who recently resigned his position as federal judge of the Northern district of Illinois to devote his entire time to baseball, has spoken at Legion meetings in all parts of the country and is considered as one of the leading advocates of the interests of World War veterans. His son is an ex-service man. MaJ. C.en. John A. LojenncV com mandant of the United States Marine corps, had previously accepted the convention invitation while tentative acceptances have been received from President Harding and Ceneral Pershing. OFFICE CAT BY JVNSUS5 The young lady next door says her gentleman friend isn't an athlete, but that he's so good natured she Lsure he has the championship for the Standing Broad Grin. Leave Hun Alone, You Rig Brute I saw him, with my own eyes. Socks rolled and hair Just newly hennaed. Oh girls, it's almost too delicate to be on the street in bad weather. Bill Brown is full of mirth Today, His wile and kids have gone Away. Next week the loneliest man In town And the gloomiest will bo Bill Brown. About the biggest thing In the world is a cinder in your eye. Not all of the idle are jobless. Some are government agents and office holders. People not only live in their autos, but speeders die in them. WIllllllH'g heat Futures WINNIPEG, Aug. 4. Wheat Oc tober, $1.09 1-8; December, $1.05 7-8 DOINGS OF THE DUFFS WILBUR MAKES A BOLD START. By Allman oh.vjilbur! "avsi- res as warm I t is nice aftegT) ves. but vou ( THINK IT'S Jf AS MUSH- YOU'VE BEEN IN J DON'T WANT TO s I AVMFUU.Y COLO! X WIT UNTIL YOU'RE AWHILE ' A STAY IN TOO IN A LITTLE -r-" S" LONG! J ' ' ( COME ON .DORIS I'M ( GETTING A CHILL! YOOVE HAD ENOUGH.' I'M JLVSTN -it 3 enjoy it' . f COME ON N NOW J ( I "TELL YOO- I'M j A NEAPLV FMJFlJ V " i'mjust" a HF UUIUT T; X II It Sr- I ml fa . 191. j;H IKIL'Wi WW liL 371 Department Stores s ' An Attractive Shopping Service Everyone of the nearly 4000 employes of the 371 de partment stores of the J. C. Penney Company shares in one way or another, in the earnings of the organization. That is interesting. It insures a service to the public which makes buying from this store and every store in the chain, bot henjoy able and profitable. Each employee is concerned that every customer shall be served well and helpfully. Supported by the unusual advantages which come to this Nationwide institution through its extensive buying power, not only a personal service but a shopping service is afforded that is truly helpful. Fall's Newest Percales Reflecting Autumn Leaves The best in quality for the least ia price is the J. 0. Penney Company standard. This is made possible by our quantity-buying arrangements direct from the mills. You can readily appreciate the saving in elimination of inter vening profits and we gladly give to our patrons the resultant benefits in low quotations. ' Cambric Percale j , Splendid Values 8-ln. The newest designs In a wide variety of patterns, are yours to choose Irom. Light and dark grounds have been carefully gathered to meet the desires of aU. 25 c and 29c Striking Ginghams Always in Demand Fashionable practical serviceable, readily describes our splendid assortment of new Fall patterns of checks, delightful plaid combinations and plain colors to match. The observant woman will immediately note the ex ceptional values. "We save in quantity-buying, you save in buying from us. 27-In. Butterfly Oinghami The attractive new Fall deslgna Invite your Inspection and gladly await your election. Yard, 19c 32-In. Amoskeag Gingims' Tliey meet the popular drmaurt In fine quality, iow prlve, attractive patterns aud colorings .lira, 23c To Dress the Bed- From Sheet to Spread! Eheeftngs Now's the time to re plenish your supply of Sheetings, Pillow Cases and Spreads! Vou are given the advantage of oar wonderful purchases! The re quirements of our 371 stores necessitate our buying I n enormous quantities, which, in turn, give us direct mill connections. Con sequently, our advan tage la your gain. Pequot Sheeting. If you have used this before you'll ask for more. A trial proves its merits. Pequot Unbleached Sheeting, 9-4 or 81 inches wide, yard 63c Pequot Bleached Sheeting, 9-4 or 81 inches wide, yard 69c Pequot Sheeting, 10-4 or 90 inches wide, yard......69c Pequot Pillow Tubing, 42 inches wide, yard 49e Pepperill Pillow Tubing, 45 inches wide, yard?. 45c Reatwell Pillow Tubing, a good quality at an attrac tive price, 40 inches wide, yard 37e Sheet, 72x90, good quality seamless $1.39 Sheet, 81x90, good quality seamless $1.49 Pillow Cases, 42x36 inches, good serviceable quality, each "29c Pillow Cases, a better quality at a low price, 42x36. each 35c Pillow Case, same quality as above, 45x36, each....39c Pequot Pillow Cases, 42x36 in great demand, each. 43c BED SPREADS Large size, crocheted, fine heavy oualirv. with srroll pattern, only $2.98 Scalloped Crocheted, with cut corners. a&ortd nat- terns, splendid weight. Only $2.98 Satin Finish, double bed side, hemmed, rich nttem v) J only 44.7S