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Newspaper
Pendleton Eagle Valley News
Location
Pendleton, Oregon, United States of America
Date
Jun 11, 1920
Page
4
The report lists egg and poultry prices from Eigen and other outputs, plus multiple cattle, hog, sheep, and lamb trading quotes at Portland and Seattle yards. It notes extra select steers selling at Portland yards and a canceled Portland wool sale, with coffee futures, grain, and foreign exchange quotes from markets and banks.
Portland June 11 The demoralization of the wool market has led to the cancellation of the June 14 sale. Buyers have largely quit the market and are unwilling to bid on fleece. The trade suffers as large wool stocks remain idle in world markets due to manufacturers’ reduced demand.
An advertisement proclaims headaches and neuralgia vanish with Dr James Headache Powders. It urges visiting a drug store for a dime package and promises relief within moments from pain.
Coarse grain trade shows prices at Kentte and neighboring markets with various feed grains and cereals listed. Reported figures include mill at 322 per ton for some items, and feed wheat, oats, barley, and corn varieties priced in the 40s to 80s per unit, reflecting unchanged overall trends.
In Chicago on June 11 extreme grain weakness followed oats price records while corn fell modestly. July oats tumbled from intraday highs as futures showed mixed moves. July corn eased to about 1.74 and September around 1.42. Provisions rose slightly amid broad market weakness. hogs supported lard on export demand. Call loans in New York rose to 12 percent as market hesitated.
An advertisement extols Hood's Sarsaparilla as a remedy to restore appetite and vigor. It claims the tonic strengthens the stomach, aids digestion, makes eating pleasurable, purifies the blood, and steadies the nerves.
A published health notice warns that high meat consumption harms kidneys by increasing uric acid, causing back pains, headaches, and urinary issues. It advocates four ounces of Jad Salts dissolved in water before breakfast for a few days to restore kidney function and prevent disorders, claiming the remedy is a safe effervescent beverage made from grape and lemon juice with Rochelle salts.
The market moved piecemeal with a modest rally following news of a treaty agreement, then slipped again as selling resumed. About 400,000 shares traded. United Inter Steel hovered near previous levels after May tonnage data, while unfilled orders reached a peak since June 1917. The Bank of England weekly report indicated another rise in gold holdings, boosting hopes for further silver or metal imports.
Tommy Follett of the American Naiiway Eaprom Co. is confined to his home for several days with a severe illness. Details are sparse in the readable fragment.
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