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Newspaper
Pendleton Eagle Valley News
Location
Pendleton, Oregon, United States of America
Date
Jul 10, 1920
Page
6
Prices paid to producers by Pendleton merchants are listed for hogs cattle and poultry with retail notes. Hog market shows steady tone and top sales, cattle ranges given for grass steers cows and calves, lambs and yearlings priced, with overall market activity described as light and quiet in early trading.
A syndicate announced $40 million of Armour and Company ten year seven per cent convertible notes after the close. Call money eased with ample supply while seven percent opened and held as the week’s low. Foreign remittance rates were flat, with Britain and continental rates showing small moves. Ruble demand rose on embargo effects. convertible railway issues and Cuban tires led a firmer bond mood, with liberty issues uneven. Total par value miles reported at $11,776,000, with several US and foreign issues unchanged.
Trading in the wool market this week has been desultory with prices easing. Reports from the west indicate no definite policy of business, growers and sellers reporting consignments and outright buying scarce. Prices across regions show fine and staple grades with values in the $1.05 to $1.80 range for various grades and months.
A fragmentary note blends fashion terms with poetic Latin fashion imagery, mentioning a bodice, hap bressiere, and madrigal dress ideas as it hints at old sewing and verse craft. The language evokes historical garb and braided linguistic play without a clear narrative or complete context.
Market observers report a firmer tone in coffee futures with moderate gains across contracts. Prices in New York and New Orleans show stronger demand as September and December futures rise from earlier lows while spot coffee remains in better demand locally.
A late era newspaper brief describes a Philadelphia lawyer agreeing to demonstrate a law’s unconstitutionality for a magnate. The magnate asks the lawyer to secure a favorable ruling, citing a previously proven constitutional point from two years ago.
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