DAILY EAST OBEQONIAN, PENDLETON, OREGON, FRIDAY EVENING, SEPTEMBER 1, 1922.
1 TEN PAGES
OUTBURSTS OF EVERETT TRUE
DAILY MARKET (NEWS, LOCAL AND GENERAL
PAGE TEN
Including Pcndiclon Prices and Associated Press Reports
Second Crude Hull '
buck lower Level
NEW TOnK, Sept. 1. (A. '.)
The sharp break In Chicago & Alton
bonds, which followed the overnight
announcement of a receivership, un
settled yesterday's bond market, sec
ond grade railroad -mortgages being
particularly susceptible to selling
pressure.
The Alton 3s closed witn a net loss
of 7 1-4 points and the 3 1-2s lost
8 5-8. Losses of 2 to nearly 5 points
took place in Minneapolis & St. Louis
refunding 4s and 5s and Chicago &
Orcnt Western 4s, while declines of 1
to 2 1-2 points were noted In Minnea
polis & St. Louis consolidated &s,
"Katty" adjustment !is, Iowa Central
4s; Erie General 4s, St. Paul general
i'Ae, Denver & Rio Grande 4s, Sea
board air line consolidated 6s and ad
justment 5s. '
Home Investment liens like Pennsyl
vania Consolidated 4 i and Central
of Georgia Consolidated 59 also react
ed sharply while gains of 1 to 1 5-8
points were mado by Seaboard refund
ing os and Atchison adjustment 4s,
stamped,
Market Irregularity prevailed in the
foreign group. Mexican government
5s and F'aris-Lyons-Mediterraneun 6s
were each down 2 points with losses
of 1 to 1 being shown by Bordeaux J
6s, Solssons 6s, Seine 7s and Japanese
first i'is. City of Sao Paulo 8s climb
ed 1 points and , gains of a point or
more were recorded by Mexican gov
ernment 4s and Havana Electric 5s.
In the Industrial list the outstand
ing features wero American Telephone
THE OLD HOME TOWN By Stanley
I S. i I-UJ " " ' -:1 FROM THE
rJIL E( tolo -j . , j-m (Hl? J .
y$ui Pl LOADER j r :.
' trl" fcr? ACTUALLY J i, j I CtTSOIAe) ft " ' '
I .
'., i i
1
AIIHT SA&AH PFABODY LEADER. OPTUS SOCIETY FOR SUPPRESSION
Ur KirC fiPiurSH'f ti ' - ... iMKrifim
THE NEW DRESSMAKER IH SKIRT FITTW& - . '
,
Mr
FARM LOANS
11 ie Amcrloail National lunik Is 111 nil lillUHiially
Rood position to Rid those who desire long-time loans
on Improved audi portly improved wheat and stock
, rnnclies, alfalfa land and small farms, all the way
frn tlireo years up to thirty-four und one-lmlf
years.
Write, phono or call for full particular.
The American Naf ional Bank
Pendleton. Oregon.
Yr Of- Continuous fitnking.
The Hoover the tmg from tht
floor, itke Mi's rVwrfm if mjvm
CNNM ur, gmth" tt" ot tit
sc44Jf ni, and HtfirvivntUi Ufa
convertible Cs, American Sugar 6s and
lnterborough' Rapid Transit 5s, all of
which advanced a point or more.
Liberty issues were Irregulur with a
majority showing 'small losses.
Total bond sales (par vulue) were
112,791,000.
Confused price movements took
place in today's stock market, but
closing quotations were generally
higher than those of yesterday.
Overnight announcement of a re
ceivership for the Chicago & Alton
railroad, because of heavy expenses
Incurred in the coal and rail strikes.
induced bearish operations, especially
against tho cheaper rails, which tem
porarily unsettled the market. Senti
ment became cheerful again, however,
upon advice to brokers indicating a
speedy end of the anthracite coal
strike and a brisk demand for oil
shares, which apparently was based on
government reports of heavily in-1
creased consumption and decreased
production of the crude article dur
ing July. .
Wall Street was not wholly unpre
pared for the Alton receivership. The
i, referred stock of that road had clos
ed Wednesday night at 914 the
common at 5 7-8, The opening sale
this morning was 2000 shares prefer
red at 4 and 5000 common at 3. The
preferred rallied Inter and closed at
6 3-8, while the common declined" to
2 1-4 before it rallied and closed .it.
3 1-4. The break In bonds iv:is much j
more pronounced, I
Tho heaviness In Alton e-'c".i,.t li j
other low priced rails, but nn-st o ;
them recovered part of their losses
before the close. Western Maryland
was off 1 1-8 on the day and Chicago
Great Western 1 1-2, the preferred
St. Paul ,, the preferred 7-8:
Minneapolis & St. Paul 14, the prefer
red 7-8; Minneapolis & St. Louis, 1 ;
Kansas City Southern, ; Texas &
Pacific 1 and New Haven 1-2.
Canadian Pacific crossed lil on re
ports that the volume of freight traf
fic was the heaviest In its history,
Equipments were in good demand
upon publication of a report that the
Pennsylvania railroad, had ordered
100 large locomotives from the Bald
win company. Baldwin advanced
nearly a point In sympathy, gains be
ing recorded by American Locomotive,
Pullman, Amorlcan Car and Railway
Steel Springs.
rMTCD AND cAACTIMCi, "Bor XOVJ MAKe
ffOVGl LACK OF SYSTCM i Osj COULD
CGvtttm Your? VOR
$-0 VSf? G&ajT. 'BY
INTRODUCING
IORieR: wis
r V -ru ,.t
AH. RIC2-1-ATI Go INTO THE LIVIMQ
ROOK THefc lNt? ,4THSR Uf A-t. THC
STUfF5 "THAT YCO'v2.$ In TMS HAOlf Op
1 FiruC toR MC to cott-ecT i"
THAT
f 1
THAT'S "OOSR"
bush- ' ""I
!
Packed in 'vacuum because
its flavor is worth keeping
To bring you a delightful tea fiV
vor.That is the purpose of the round
vacuum tin which holds-FOLGER'S .
Golden Gate Tea.
This new vacuum tin brings you
tea of the finest quality with all its
rare fragrance, and flavor preserved.
Blaclj Tea or Green, -
Ask your grocer. . ,
Chicago
filvoKtot't .Market
CHICAGO, Sept. 1. (U. S. Depart
ment of Agriculture.) Cattle re
ceipts, 11,000; beef steers active,
strong; spots higher on good grades;
top, $11.10; 'bulk, 910.50; she
stock steady to strong; bulls steady;
veal calves 25c higher; stockers and
feeders slow, weak; beef cows and
heifers largely $4.50ifi7.15; eanners
and cutters mostly 12.8503.50; bulk
bologna bulls, $i(fD4.2o; bulk veal
calves early, $12.50,
Hogs Ileceipts, 21,000; market
slow; few early sales unevenly strong
to 10c higher; bulk later sales steady
to strong; bulk 170 to 200-pound hogs,
$9.70(ir 9.80; 210 tb 250-pound butch
ers mostly IH.25gvD.65; bulk 270 to
300-pound butchers, $S.90i)9; pack
ing sows mostly $6.35 (ft 7.10; bulk pigs
$8f 8.25; heavy, $7.75 if' 9.30; medium,
$8.90(f 9. SO; light, $9.40 fi 9.85; light
light, $8.90((i'9.65: packing sows.
smooth, $6.50(fr7.35: packing sows,
rough, $Gii.ifl.75; killing pigs, $7.25
8.50.
Sheep Uecelpts, 14.000; fat lambs
opening mostly 10c to ISO higher; top.
natives, $13 to shippers and city
butchers; packers buying freely $12.76
down; bulk at $12. 50S 12.75; cull na
tives, $9(fi9.50; no western lambs sold
arly; sheep generally steady; very
good handy native ewes, $7.25; some
Idahos held higher; heavy native
ewes largely $3.5(Hi 4.50; desirable
regon yearlings, $10.50; feeder seari
ngs, $10; feeding lambs held strong.
542,000 bushels versus 718,00'J
els.
.Shipments Wheat, 1,295,000 bush
els versus 1,484,000 bushels; corn,
556,000 bushels versus 662,000 hush
els; oats, 677,000 bushels Versus 490,
000 bushels.
Clearances Wheat, 1,322,000 bush
els; flour, 8000 barrels; corn, 26,000
bushels; oats, 61,000 bushels; barley,
57,000 bushels. ( '
Car lots St. Louis, ' wheat. 105:
corn, 13; oats, 28. Minneapolis, wheat
S22; corn, 11; oats, 55; barley, 27;
flax, 16. Duluth, wheat, 227: corn,
23; barley, 20; flax 7. Winnipeg, j r
wheat, 471; oats, 32. Kansas City,
wheat, 148; corn, 5; oats 7.
OFFICE CAT
-Wheat
$1.80
Grain At
San J'ranclseo
SAN FRANCISCO, Sept. 1.-
Milling, $1.S01.85; feed,
1.85.
Oats Red feed, $1.60i& 1.75.
Corn White Egyptian, normal.
Hay Wheat. $15 Iff 17; fair, $13 if
15; tame oats, $14 if 16; wild oats, $10
iff 12; alfalfa, $13H5; stock, $9 11;
straw, nominal.
1
BY JUNSI.JS
Col Jen
Cato
BANK OF ENGLAND WILL
Winnipeg
Wheat Market
WINNIPEG,
No. 1 northern,
No. 3, ii6 3-4c;
Sept. 1. Cash wheat,
$1.01; No. 2, 99c;
No. 4, 86 3-4c; No. 5,
I'rlmnry Itecelpts
Of All (iraliiM
CHICAflO, Se)t. 1. Primary re
ceipts Wheal, 1,562,000 bushels ver
sus 2.107.000 bushels; corn, 1,128.000
bushels versus 1,261,000 bushels; oats.
"S14c: No. 6, 69!ic; feed, 69?c; track,
97 c. i
Jfututres October. 95 c; Decem
ber, 94 Vic; Slay, 99c.
Seattle
tirain Market
BEATTLH, Wash., Sept. 1. Wheat
Hard white, $1.08; sort white, $1.07;
western white, hard red 'winter, north
ern spring, $1.05; sowt red winter,
$1.03; western red, $1.02; iilg Bend
bluestem, $1.20.
Feed and hay unchanged.
A Pitti.burg judge has ruled that a
man can do nothing if his wife bobs
her hair. This makes it unanimous;
he can do nuthing no mc.ttcr what she
does.
I .
Probably that Terre , Haute, Ind.
man who stole 500 morphine tablets
wanted to sleep until the strikes are
settled.
lne iMiumc-.Vgcd Cuy
I cannot look youthful
S'o why should I try?
I am, to be truthful,
A middle-aged guy.'
"Hunv far that little candle throws
lis beams." Ah yes, but it isn't the
candle that's burned at both ends.
We pay four billion
and still some people
have any.
a year for fun
never seem to
"When Is your daughter
of getting married '!"
"Constantly."
thinking
STIUCK Oil. IN IOLANI
WARSAW, Poland, Sept. 1. A tele
gram from liroyslaw, Eastern Clullcla
reports that a new well bored there!
has struck oil und Is now going 30 j A braln-to-Bhain radio is said trt
carloads of oil a day. This amount bo a possibility of the future. Now
represents 20 per cent of the total I we'll see whether or not ivory and
production of the liroyslaw district. bone are non-conductors.
DOINGS OF THE DUFFS
A STRIKE ON.
By Allman
HELLO, HELEN. THOUGHT ,
10 COME OVEt? AND SEE
HOW YOU WERE FEELING
(AFTER OOR VACATION' ,
OH HELLO,
DORIS. COME
RIGHT IN
I DON'T THINK
I'LL EVER GET
QUITE RESTED
UP AGAIN.! H
The perennial beauty of a valuable rue he reward f
frequent and (hrHip.h clcaninj. Such cleaning t car
to perform with The Hoover, because it beat . . . a it
twerps as it miction clrans. All injurious embedded frit
is fiutterrd out by ccntle beating. All stubborn lirtrr n
detached by t ill sweeping. All Idow dirt is withdrawn
by ttronf Miction. Only The Hoover combmrj thc
three essential operations. And it is the largcst-acllint;
electric cleaner in the world.
oil may have a Hoover placed permanently in yoor
t home lor nominal sum, and "s purchase arrancrd on
convenient terms. You may alo hate it demonstrated
iof you any time, either in your home or in our store
" Cruikshank & Hampton
' 121-23 E. Webb. Thone 548
.rr y i
II I ml f W 1 ltJ nO AMliI ' l-
I " 'fl TT '- ,' J f. CALLTHAT O '
I v4 ' ' (VACATION A j iJ'jL
fl : ii . . v
A VACATION LIKE THAT
DOESN'T MEAN MUCH To
THE GIRL SIDE OF THE.
FAMI Vf- SHE HAS JUST
ABOUT AS MUCH TO
DO AS IF SHE WAS HOME!
YOU'RE RIGHT,
DORIS- ALL I
DID was cook
AND WASH DISHES
LONDON, Sept. 1. (A. P.) The
long projected rebuilding of the Bank
of England will start almost Immed
iately, the Daily Express understands.
A meetin;; of the directors is to be
held soon to make the necessary fi
nancial arrangements.
It is understood that the plans to be
adopted are those of Herbert Baker,
the architect who collaborated with
Sir Edwin Lutyens for the new Capi
tol at Delhi. Mr. Baker was also the
designer of the South African govern
ment's administrative , buildings at
Pretoria, and of the. cathedrals at
Captdwn, Pretoria and Salisbury
(Rhodesia), and the Cecil llhodes me
morial on Table Mountain.
The staff of the bank of England
Is now double What i was shortly be
fore the war, largely owing to the
vast growth of the' National Debt, and
the existing accommodations are ut
terly Inadequate. Sections of the staff
have been working for a long time at
various places in the vicinity of the
bank.
A special committee of the directors,
including Cecil I.ubbock. has been con
sidering alternative schemes foi the
rebuilding. The Idea of razing the
whole, of the existing one-story build
ing to the ground was, it is under
stood, abondoned, partly on sentiment
al grounds and partly because of the
difficulties of obtaining accommoda
tion for the staff during the recon
struction. The present proposal is to
retain the outer wall, which abuts on -4 00.
Threadneedle-street, St. Bartholomew
Lane, l.othbury and Princess-street.
This wall, which entirely,, surrounds
the site of between three and four
acres, was erected from the designs
of Sir John Seames about 130 years
ago', shortly after the Cordon Riots,
;vvhen the bank clerks, sword and plc
tol in hand, defended the bank against
a furious mob.
The wall is In the classic Grecian
style, und, An. nome places is 40 te.et
high. SeilVrity demanded that it have
no windows and the architect achieved
the dift'ieu(t task of making the wall
look ornamental by masking it. with
Corinthian' columns and , blank din
dows. The new building will rise
within the wall to a height of 70 or'
SO feet above it, and will thus be
nearly 120 feet In height.
"IHtY MJII.T' IMjAXXKM
SAN JUAN. Porto Itico. Sept. 1.
(A. P.) Prohibition Director Mariano'
Pesquera soon will have a fleet con
sisting; probably of one gubniurlno
chaser and two motor launches to as
sist him in catching persons bringing
liquor into Porto ilico.
liequisitton for this fleet recently
was approved In Washington. The
submarine chaser will have- a roving
commission, "while the launches will
operate from fixed 'bases.
CAL.6AKY. Alberta. Three new
areas for the preservation of rare
species of wild life have been recently
proclaimed national parks. These are
Nemiskum and Wawsukey Parks In
southern Alberta, and Nlnessawook
Park in- Saskatchewan. These reserves
which Include a total area of 58 ',i
square miles, have been set apart for
the. protection of the prong-horned
antelope, of which there are about
A Picture of Beauty
The many hours Spent In your
home surely makes it worth while
to have that spot looking beatul
ful. That's your first considera
tion. The second consideration
will be your delight in having your
friends admire your very good
taste.
Your third consideration will
take care of the other two, namely:
JL. J. McATEE
CONTRACTOR AND JOB WORK
513 Main Street
HAVE HIM TELL WIL&UR
THAT I DomT FEEL LIKE
COOKIWci DINNER EITHER.
I'LL CALL HIM
RltiHT UP AND
THAT
three
HELLO TOM ? $R1, OLIVA, DORIS,
DAKINV AND MVSELF ARECOMIIS
DOWN AND HAVE DINNER WITH YOU
AND WILBUR THIS EVENING
BUT SAV. OOH'T-
WE'RE COMlMfi!
.That's all-
good BYE !
7.
7 iT...... - . . - N TELL HIM
s wmi IN i- ii i;
1 ' . ' ' " 1 . . ... II If 1 . . I
'r r Do in fact ' wcn iMKtc . pui say. i voh'T1
' IV will pedowm! ! U L ,7- :--
t r s-l-t tl 7 f were comims! )
- i J l ' "., 1? I (THAT'S ALL-
Bargains
3 IN. VINON
OXA WAGON $142.00 5
V IN. WINONA WAGON $157.50 4
3i IN. WINONA WAGON
18 OR 20 HOE SUPERIOR GRAIN
DRILLS $130.00
$170.00
56 in. Success Fanning Mills with
Floor Elevator $95.
The Above Prices
Subject to Stock on Hand.
Sturgis & Storie
5
HOOVER
U BEATS.,
as it Sweep
a It Clean