Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (April 5, 1929)
I f You WiU Save By Washing The Pink Pages of Buying Interest to . Women The Shoppers9 Guide u FRIDAY BCtUSEHOtP 'PAGES' J L I lxii The New OREGON STATESMAN, Salem, Oregon, Friday Morning, April 5. 1929 PAGE SEVEN Ml I n lTT BflllBI l"aTa 11 a ni In mi-it nlinpiviniiA I JCS. XTv . XV -v v x XX - .HHnh flhflUu Kapm ranges Are onown WHhfl A Hi -tBmmmB a a i ii a a w w i -y X: -X wr ' vr Cr V"X fTf wF X 1 Credit Crisis Now Definitely Past With Result That Bulls Go Wrong Rapid Changes Are Shown In Sajem Market Prices; Roseburg Broccoli Here NEW YORK, April 4. (AP) With convincing evidence that the credit crisis incident to the turn of the quarter is definitely past, operations for -the advance were resumed on the stock market to day, rather cautiously, but alon a broad front. Scores of issues, in which steels and rails were prom inent, were big up to nearly 12 points. Call money renewed at 10 per cent, but dropped to 8 soon after midday, and in the last hour to 6. By today the quarterly interest and dividend checks had been cleared at the banks, and the month-end shifting of balances completed, funds came into the market in considerable volume, and calling of loans was neglible. Credit Curtailment Satisfies Officials Re&erve authorities were under-! stood to be satisfied with the re sults of curtailing speculative cre dit through pressure upon member banks. The federal reserve brokers' foan compilation for the week end ed yesterday showed a decline of $87,OVO,l00. of which $50,000. 000 was withdrawn by New York banks, 2S.000.000 by out-of-town banks, and $9,000,000 by ' others. ' The total as of April 3 stood at 15,562.000,000 in contrast to the record of $5,793,000,000 reported two weeks ago. The New York Re- bank reported the release of $13,533,000 in gold from Earmark presumably for the bank of Francp but Wall street saw no prospect that the bank would permit this to be used to ease credit. With the continued uncertain ties of the credit situation, "bulls' were unable- to get a public fol lowing despite Secretary Mellon's reassuring statement at the re serve meeting, and total sales fell off to 3.330,060 shares, the small est turnover since March 13. In the steels, which were bought on continued reports of capacity operations, Superior jumped 9 points to a new nigh at 71. Beth lehem sold up 6 points to within a fraction of its peak, U. S. Steel mounted more than 5. and Young stown sheet and tube moved up to 130, duplicating its previous record. 1 AS FEED SCW The Cherry City Milling com paay is shipping a car of clover bay to Tillamook county today, and according to reports to the mill offices, the Tillamook dairy men report this car the only one they can get anywhere right now. Hay of any description has been pretty well cleaned np, until any thing offered commands a good price. Rye grass and cheat is bringing .$20 a ton to the buyer. The local company found tbe car of hay which is being shipped only after considerable scouring of the valley. Sa'era market conditions have showed little chan-- this week over last, v.itii no r.?v.- additions to the commodities offered and not a gTeatly increased selling. Prices, however, show consider able change. Following is a line-up on the situation as seen from the whole salers: OTange quotptfons are down 75 cents on the lar r sizes aud up 25 cents on the three small sizes, with a range from $;J.0u to $6.25. While the California crop is unus ually good this year nud also ex tra large, the low price for which they are selling is attributed in some degree to the fact that or chards in the far south were af fected by frosts. More small or anges than usual are finding their way north, so many of these being attributed- to the abundance of fruit prohibiting full growth. California Cauliflower Is Bring Supplanted Roseburg broccoli is supplant ing cauliflower from California and is coming rn rapidly at $1.75 and $2.00. Both Texas cabbage and the California Winningstadt are of fered, the former at $4.50 and the southern at 50 cents less. Both are good quality. New potatoes are down to nine cents a pound, the lowest price at which they have been quoted so early in the season for some years. New . peas are alse lower, at 18 cents, these coming from Califor nia. Few green beans have been received from the south, following the first shipments several weeks ago. Rhubarb Shipped In For Local Market Local rhubarb is not yet ready for the market, with that from Washington and California sup plying the trade, both at lower prices. That from the north is $2.40 and 13.10 per crate, while the California barb is quoted at $3.50, 50 cents less than asked last week. Local spinach growers are sup Plying the demand with some greens of excellent quality, these going- to the retailer at $1.25 for the orange box. Local hot house cucumbers sell at $1.85 and $2.40. wholesale, with supply sufficient for the de mand. Celery is $1.35 on the dozen bunches. Bunch vegetables are plentiful, with radishes at 60 csnt3; carrots at 80 cents; beets and turnips at 90 cents. Root vegetables in the sack lots sell wholesale at: car rots and turnips. $2.50; beets and rutabagas, $3.00; and parsnips, $4.00. Parsnips are quite scarce. OT n SY Salem Markets rth Fruits ( Who 1 sal Quotation) Apples, f. and f. Oregon Red. Hood Rirer 2.40 Yellow N'ewtowos 1.50 Fsncy Romans l.0 Choice Somani 1.50 Wine&aps, extra (anry ...... 2. 50 Wineaaps, choice 1.25 Choice Delicious 1.A5 Comb. Delicious 2.25 Banana, lb 07 Dates California, crate 5.50 Dromedary, 3G, 10-oz. pkft 6.50 Bulk Hawaii, lb. 13 Cone's mte. ease 4.60 Grapefruit, Aris. ease 4.50 Florida, case 4.250 5.25 Comb honey, new crop 4.75j5.50 Lemons. Cal 5.006.25 Oraneex, KTeU ion's . 6.25 120' t 5.25 ISO's 4.75 170's 4.25 200' 3.50 21 rr, 3.50 252's .3.50 28i's 3.25 3111 ...... 3.00 Vegetables (Wholesale Quotations) Root Vegetables Jarrots 8.50 Beet 3.00 Turnips 2.50 Parsnips 4.00 Rutabagas 3.00 Seed Potatoes EsrW Rose. lb. 03 KarlV Ohio, lb. 03 Earliest of All, lb. OS Asparagus, lb ....18 Artichoke, dm 1.40 1.80 Pea. Calif, lb 18 Oreea beans. Calif 25 Green Onions, Tbe Dalles. Dos. b. . 60. 80 Celecry. do 1.85 Spinach, local orange box 1.25 Sr ash Banana 04 Hubbard, lb 04 Marblehead 04 Carrot, local, sack. lb. 03 California, crate 8.75 Parsnips . 04 Rutabagas - 03 Bunched regetables, per dos. bancbes Carrots .. 80 Beets 90 Turnips I 90 Radishes 60 Parsley, dos. .80 Potatoes Local. Bnrbank 1.2J Yak. Gems. Ko. 1 1.50 Yak. Wems. No. 2 1.10 Southern Sweety, crate 8.75 Garlic, lb 30 Pepper. Florida, green lb. .25 Tomatoes, Mexican, lug; 5.00 Local hot house . ...1.902.50 Onions So. l's 3.00 No. l's 2.50 Lettuce. Imperial valley, crate 4.0064 50 Boiling, local 8.50 Lettuce, Imperial Taller, crate 4.50&i. 5.50 Rhnbarb, Wash., crate 2. 40 fly 3.00 Rhubari, Calif, outside, box ....3.50 Xew potatoes, lb. 09 Broccoli. Roseburg 1.752.00 Cncnmbers. hot houe 1. 85 2.40 Cabbaye. Texas .. 4.50 California 4.00 Feeds Baud Quotations) Calf meal. 25 lbs. 1.25 Dairy feed, ton 48.00 Scratch, ton SO.OO. Corn, whole, ton 45.00 Cracked and ground 47.00 Xfill run, ton 34.50 Bran, ton 34.00 Egg mash 50.00 With milk 55.00 Effi (Baying fries,) Extras 22 Standard 19 Mediums -- 13 Poultry (Buying Price) Stags 1 Roosters, old 97(3.03 HeaTies 22. 24 Medinm 18 Lights 18 Springers, large 25 Broilers 25.30 Vegetables and Fruits (Buying Price) Potatoes, cwt 1.00 Turnips, cwt 1.50 Onions, cwt. .. 8.15 Parsnips, lb 02 Carrot?, sack 1.50 Apples, fare and filled - 1.00 Rhubarb, lb. 09 Butterfe (Wholesale) Cartons 48 Prints 47 Botterfat - 47 Batter (Retail) Prints 50 Cartons 51 Oraia and Ray (Buying: Price) Wheat, western red, bo 1.08 Soft white .- 1.04 Oats. gray. bu. 6S nunc, do. ou Barley, ton .. Hst Osts and vetch Clover, choice Rye grass sad cheat ...88.00 ...22.00 -.22.00 -20.00 While wheat prices have been down, comparatively speaking, the past week or ten days, the situa tion generally is a trifle uneasy, following estimates that the new crop will be short. Local buyers call attention to the fact, however, that the same alarm went out about this time a year ago and that the last crop was one of the largest crops in history. Quota, tlons Thursday were $1.4u on the white and acent less on red. Oat quotations are due for a drop shortly, it is reported. The demand Is good for winter oats, and in the face of the high mar ket, large holdings have been uncovered. Onion Price Drops When i Crops Held With onion prices the lowest they have been for several months some growers are finding them selves in the position of the man "holding the bag." During the cold weather, when it was impos sible to get at the crop, prices shot up and all the onions which could be obtained would have brought y and 5 cents. Other growers held on. thinking prices would climb still higher. But now quo tations are down to $3.00 a hun dred on the No. l's and $2.50 on the No. 2's, and the growers will do well to get 2 cents a pound for their product, wholesalers report. Cows Steers, top Veal, good Hulls, good Hog, top Henry sows Spring Iambi Wethers Ewes, top livestock (Buying Prices) .07.08t4 11 -is y. .07. 0B 11 08O.08H ...15 06.08H 08 Dressed Meats (Buying Price) Hogs, top 15 Veal, top 20 General Markets HAT PORTLAND. Ors.. Mar. 29. ( AP) Hay Buying price: Eastern Oregon timothy. 21.5022.00; Do. Talley. 17 17.50; alfalfa. 22.5023.0O; clorer, 17.00(317.50: oat hay 18.0018.50; atraw 8.00 ton; selling prices 2.00 ton more. UVC8TOCK PORTLAND. Ore.. Mar. 29. (AP) Cattle and calves atesdy, receipts 70. Steers (1100-1300 lbs.) Good 11.50(3 Cattle and calves steady: receipts 85. Do. (800 and up), medium 11(912; Do. common 9(11. Heifers (850 lbs. down) good 10.50 10.75; l)o. common 8.75 10.50; cows, good 9.25(99.75; Do. com mon to medium 7.259.25; Do. low cot ter 5.50 a 7.25. Bulls (yearlings exclud ed), good beef 8.009.OO; Do. cuttr ta medium 7.0008.00. Cal Tea (500 lha. down), medium to choice 10.0012.5U; Do. call to common 8.5010.00; vealers, milk-fed, good ta ehoice 13.60 14.50; Do. medinm 12.000 18.50; cuU to com mon 9.00 18.00. Hogs steady; receipts iso. to Heavy weight (250-350 lbs.), medium choice 10.OO&81O.75; medium weight f20O-25O lba.). medinm to choice -0.7513 11.75: lirbt welrtt (100-200 lbs), med ium to choice, 11.75 12.00; light lights (130-160 lbs.), medium to choice iu.j 12.00. Packing sows, rough and smooth 99.85; slaughter pigs (70-180 lbs), medium to choice, 10.50(911.50. Feed er and stocker pi re (70-139 lbs.) medium to choice 10.35011.10. (Soft or oily hoc and roasting pigs excluded in above quotations). Phones 43 and 49 155 No. Commercial St. M. J. B. .Per Lb COFFEE 47c DELICIOUS APPLES 'Strictly an Eating Apple But oh what an Apple Their Taste will tell you why the apple Is called "The King of I Fruits" jl Per Box . .. $1.69 t:- i , KELLOGG'S I CORNFLAKES Or I POST TOASTIES l Packages,- 35c The Gift of a Smooth Skin Lux Toilet Soap For Fac Hands and Bath 25c .87c Bar. tO For . 1 Dozen Bars Our WatchwordQuality Merchandise si Potatoes ?L 39c Thompson Seedless Campfire The Original RAISINS fl!ARSHLoWS Lb. Pkg AaC Guaranteed Fresh Crystal White Laundry Pound QCr C1.f A Tl Package JJL JU-AJl 5 Lb. Air Tight Can .$19 )lg A Fine Assortment of Lifebuoy Health J JCiJLiljlI!iO CJO A D Oa Display In Our Store OV-J jM.X Toll 14 oi. Glasses 3 Bs 25c 2 fo, 49c 1 Doz. Bars 87c Fischer's Pastry Soft as Old linen TT rVfJTh Scottisue No. JL0UR 4AOr Sack OPC Large Rolls LtC : THE WALDORF Toilet Tissue CornMeal 4 Large Rolls .Z"C 10 Lb. QCa 1 Dozen Rolls :. ..75c Sack : -UVV TASTY MAYONNAISE . An Excellent Salad Dressing. Made of the rery best ingredients. 35c Full Pints Full QuarU 59c Cross & Blackwell MARMALADE Subtly Delicious with a Wrt Sweet Tang all its owav Most popular of the Fine English Marmalades Try some on Toast 35c Three For . $1.00 . Florida Russet GRAPE FRUIT Heary Thin-Skinned Fruit. Eight Serrices, about le a person 4 For 25c MONARCH CATSUP U Bottles . 45c Ereryone agrees on Its qual ity. Its FUror . la that of Soaad, BJpe Tomato with that Tempting- Combination of Spices that has made It th Fa vorite Catsup. Busick's in the new Market Bldg. tW.V S&CTSPig - t-,g3 Court St. ' ' At Com'L mm ttiu Consistant Daily Saving as offered by these two stores has made them a standard for comparison all over the Northwest GOLDEN WEST COFFEE 1-lb. cans 49c 6-lb. can CRISC0 $1.36 4-lbs. PANCRUST 79c Rainier Hop flavored MALT 3-lb cans 43c 6 Pure Honey 5-lb. pail 89c PURE CANE SUGAR 25-1 b. cloth sacks $1.33 Libby's Fancy Lemon Cling PEACHES Large halves in real rich hea vy syrup, 2 large size cans 45c Libby's Rosedale PEACHES No. 2'i size cans, 2 for 37c Fncay Franquette Oregon WALNUTS 2 lbs. 43c Fresh Crisp Soda Crackers Y cadya 43c C & H Pure Cane SUGAR 100-lb. sack $5.29 Oregon Milk 3 tall cans 25c Libby's Milk 3 tall cans 25c UMECO Margarine Freshly made. Per lb. 16c - WHITE RIVER FLOUR 4 9 -lb. sack $1.85 New Spring Vegetables Hot House Cucumbers French Breakfast Radishes, young Green Onions, new Spinach, fresh green Asparagus, Green Peas, New Pota toes, Cauliflower, Solid crisp new Cab bage, Head Lettuce. Green Peppers, Artichokes, ripe Toma" toes, Celery, Celery Hearts, Parsnips, Carrots young new Turnips, Pie Plant, Sweet Pota toes, Apples, Oranges, Bananas Fresh at Busick Stores Meat Dept. at Both Stores Feature Prime Young Beef Pork and Veal Government inspection coupl ed with our modern refriger ating plants displayed in san itary plate glass counters is your gaurantee of purity and quality in meats. EAGLE BRAND All hard wheat, 49-lb. sack $1.79 Freshly Milled Cream Rolled Oats No. 10 sack 49c Sperry's Pancake FLOUR No. 10 sack 68c MARSHMALLOWS per pound 20c SNIDER'S CATSUP 2 large bottles 35c Matches 16 cubic inch boxes. Carton of 6 boxes 19c OLD DUTCH COCOA A Real Value. yt lb. tins 15c DROMEDARY Cocoanut Yt lb. pkg.