East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-03-19
A BUSINESS SUMMARY

SNES conditions constitute the stock subject of
saton these days and people eager for reliable nfor
II nation Hence there may interest in the following
summary conditions forth the March bulletin by the
National City Bank and correspondent banks;
The general situation has changed but little during
the past the MddeWest the movement Of grain to
market has continued moderate rate and prices have been
stronger Receipts cattle the principal markets have been
comparatively light which has helped to sustain prices and
they have recovered slightly Hogs show little change cotton
has the close of the month lower than
any 1915. when recovering from the great
slump that followed the big OF 1914 and the M
the war The March delivery New York has touched 80
which compares with 40 cents pound one year ago Foreign
markets much depressed with Lvefpoo peloW New
York Naturally the coongrowing section not cheerful
The industrial situation is mixed the news from day to day
telling that closing and works that are starting up
the class of reports apparently about balancing the otne
The of unemployment unquestonaby very large Dut
the amount reported comparatively SMALL ndcat
ing that the had laid by something IN the day q
good earnings The volume Of retail trade IN the CT
les supports this v1eW but trade IN the ruIal 0ss - ns
bank cleangs down 25 to 80 cent from year ago.
which, however is not very bad considering the lower prices
Railroad tonnage off about 70 per cent from tne ngn
October The number of idle cars approaches 4oOUUU
movement of coal grain oil lumber ana an 1ne cnei M
ties light The export business In coal 70 EUROPE uu LII
the time being at least and the domestic coal trade Is nat Win
good many mines part time and keen compeuuon among
The general trend commodity prices has been downward
and trade has continued basis The shoe IN
dusty has been showing some lie IN specaeS put ne
lines very slack Leather practically unchanged with
tanneries operating at about 25 cent OF capac Cak
are said have dropped 81 in August 1919 to IA cents
All leather companies suffered great losses last year. HIDES
have weakened January s under IN some
tiers to make with nobody wanting to buy Prices made
under such conditions merely nominal and hara can D
said to constitute market
Wool has been little active under increased opera
tons by wooden perhaps aided by the pending tariff
BILL although stocks in this country so large tnaI mpora
tons will not needed Crude oil has declined rap
idy since the first of the year and down about 90 per cent
Ali of the metals the lowest level yet touched Sugar mas
recovered about and onequarer pound under the
uence Of an market the through
selling committee representing planters bankers and the CUBAN
government automobile industry showing some revival
Wage reductions and generally accepted as nee
essay Building permits in 142 cities January as reported 10
Bradsree aggregated $56035925, against $l2OOO5loz IN
January of Last year.
"There are times the Pendleton spirit admirable
saws the Athena Press Thanks brother and do not fail to let
m know when we seem fall from for it may be all
mere bIunder.
Portland hot on trail of the high school ratenItles
the Portland have decided to take over the manage
ment of the school system.
In ruling that the Clara Smith Hamon story unfit Tor ths
movies the directors have acted with wisdom.
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EDITORIAL SPARKS
The way to disarm make the armies all Generals h
pananas and Costa Rca's.-Boston Transcript
Before pens invented the pinons Of one goo
often used to spread the opinions Of anothe-DeO
News.
The fuly Of riches taught in the Scriptures and the IN
come tax blank.-Muskogee Chronicle.
SHIP CREW RESCUED .'is' =. e.. ..., : I
BY BASKET CABLES . @ ...: .. .... !. Is s.:: s; e ::