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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (June 10, 1932)
BUT TREND BETTER
Support for Pivotal Shares
Starts. Rally, Selling
Cuts it Short
NEW YORK. Jane (AP)
Stocks were subject to vide price
movements today, bat closed with
changes that, on the whole, were
A dip at the opening was fol
lowed by a smart recoTery. influ
enced by appearance of support
for two or three pivotal issues, a
short breese in Auburn auto and
the much stronger tone of Brooklyn-Manhattan
However, after several net gains
had been extended to 1 to 4 points
fresh selling breezed over the list
and the improvement was frit
tered away, a few prominent is
sues sagging to new lows. Another
recovery Just before the close,
which looked like short covering,
so evenly distributed gains and
losses that the final price average
Late selling converged chiefly
on U. 8. Steel and American Tel
ephone. The former up nearly a
point-In the morning, dipped 1 7-8
net to 24, closing at 24 3-8 which
reduced its loss to l 1-2. Tele
phone quickly converted a 2 1-4
point gain into a decline of 1 5-8
at 80 12. then rallied to 81 1-4
Holders of a short position In
Auburn apparently were inspired
to cover by news of the company's
price reductions. The stock jum
ped nearly 10 points, yielded half
its rise, but closed near the top.
Brooklyn Manhattan transit com
mon and Preferred strengthened
on word the management expected
to meet its August 1 note matur
ity, totaling 113,500,000.
CO-OP IT SIMON
SILVERTON Juno r,
w w v wi9ca.
tlons at the local cooperative can
nery, the Silverton Pood Products
company, have begun with the
barreling nf otm vharrio.
btorruste. nunnrcr t th.
ery. said that the strawberry
crop would not be as large as at
first expected because the weather
had ruined some of the acreage on
the lowlands but that the crops
on the hills were excellent. How
ever, these are ripening slowly,
he said, and would not be coming
In for a week or 1 0 days.
The company expects to put up
round 700 barrels of the soft
berries and around 2500 cases of
The growers will receive their
pay when the berries are sold as
they have done in former years.
Picking money is not being ad
vanced this year.
As the berries are being hulled
In the fields only a small crew is
s yet being employed at the can
nery, a larger crew will go on
when the beans, one of the Sil
verton cannery's most noted pro
ducts, begin coming in. It is un
derstood however, that only local
help is to be employed.
Season Concerts by
Dallas Band Started
DALLAS, June 9 The first
of a series of twelve concerts by
the Dallas band was presented
Wednesday night. The organi
sation plans to follow the system
used last year and give the first
six concerts Wednesday nights
nd the remaining six on Sat
urday nights. The band this
year is under the direction of' H.
N. Stoudenmeyer and is managed
by Ray Wilson.
Tht OREGOrTSTATESMAN, Salem; Oregon, Friday Moraingjime 10, 1932
4. -- 3
WHEAT SUFFERS FURTHER SLUMP
DEMAND LACKING FOR LIGHT HENS
Bullish Figures Shown
In U.S. Crop Report
Come too Late
CHICAGO. June t (AP)
Prostrate under offers far exceed
ing demand, wheat reached new
record low prices this afternoon
In a down aweep that has lasted
eight consecutive days.
selling of wheat was partici
pated in by traders usually Iden
tified with allies of the federal
farm board. Absence of overseas
demand tor wheat from the
United States was emphasized by
Canadian export sales of 1.000,-
000 bushels. Meanwhile, dis
patches from Toronto quoted
bank authority for assertions
that low prices were largely due
to the big government-financed
carry-over of wheat in the Unit
Unexpected bullish figures fo
the government crop report from
Washington regarding wheat
came too late to be a market In
Wheat closed nervous, Vi to
under yesterday's finish, corn
at decline to 1-8 advance,
oats y to down.
Today's closing quotations:
Wheat: July (old) 49 5-S to
. (new) 49 V4 ; Sept. (old) 52
to 52 1-8, (new) 51 to 7-8;
Dec. 54 7-8 to 65.
Corn: July: 28 to 7-8; Sept.
31 7-8 to 32.
Oats: July 19 to 5-8; Sept.
19; Dec. 21 5-8.
nvrt Jjn TxoRAzxxa
Price paid to (roarera by 8a lea fcurera.
Baeta. local. 4m. SO
Tornipe, local, dea. "
Carrots, local, doa. "
Green pepper, lb. to
Texas wax anions
Calif, cabbar n
Tonatoea. local aothonM
Radian ee, doa.
Ooione. ioi. . .
Apples, wrapped, bo.
New DOtatoei. Calif. .
Cu k e. ' h ot home
Spinach, orange bos
' alii eelwy, 4.
LocaI celery, do.
Local lettuce, crate
Cherries, Calif, loir
PORTLAND. Ore., June 8 (AP)
Produce Exchange, net prices: Butter:
Extras 17; Standards, 16; Prime Firsts,
IS; Firsts, 15. Ek;s: Fresh Extras. 14;
Fresh Uediums, 13.
PORTLAND, Ore, June 8 (AP)
Opt High Low Close
Jalr 49 H 49 49 Vi 49 H
8epW 49 49 49 49
Dec. 52 52 52 4 52,
Cash grain: Big Kend bluestetn, 63;
soft white 54: western white. 58;
hard winter, northern spring, 52;
western red. 51.
Oats: Mo. 2 white fzs.uo.
Cora: No. 2 E. yellow $22.00.
MillruB standard $17.50.
Coa rse .
HAYESVILLE, Juntf 9 Mr,
nd Mrs. Carl Stettler, who were
Quietly married last summer, and
lipped away quietly without the
usual ceremony, hare recently
returned. Last week they were
charirarled and this Wednesday
night presented the young people
of the neighborhood with a wein
er roast in the wood back ot
Mr. and Mrs. Herman Wacken's
borne. Outdoor games were played
round a huge bonfire where la
ter the wienies were roasted.
I ( i V x VL,a
i " -
' i -
; ( )
Because he is regarded as an econo
. mist par excellence, Walter &
Hack, itn son-in-law of Adolph
Lewisohn, tnoiti-millionairs banker
and philanthropist, has been sug
gested by the Eepublican leaders for
prominent place on this FaiTa
ticket as a Budget Spedalist.M
Hack is ma industrial engineer, en
gaged In raiding the economic poli
ties ef large, business concerns.
PORTLAND. Ore.. June 8 (AP)
Butter: prints, 92 score or better, 19-20c;
Eggs: Pacific poultry producers sell
ing prices: fresa extras, ic; sianasras.
13c; mediums. 13c aosen.
Country meats: aelliny price to re
tailers: country-killed hoes, best butch
ers, under 100 lbs., 5-5 c; vealers. 80
te 100 lb., 6-7e; Iambs, 7-8e; year
lings, 5e; heavy ewes, 2 3c; canner cows,
3e: bolls. 5 -6c lb.
Nuts: Oregon walnuts, 15-19c; pesnuts.
12c lb.: BrasiU. 1214c; almonds. 15 lfle;
folberta, 20-22c: pecans, 20o lb.
Caseara bark: buying price, 1B33
Deel. 2 He.
Hops: nominal. Wil. tz-ise id.; con
tracts. 1932. lie lb.
Butterfat: direct to shippers: station.
ll-13e: Portland delivery prices, 14 lb
Live ooultry: net buying price : Heavy
hens, colored. 4 lbs., up, 11-12; do me
diums, 10 lie; light, 8e; light
broilers. 11c: colored roasters, over S
lbs., 1314c; old roasters, 5c; ducks, Pt-
Onions: selling price to retailers: new
CoeheUa wax. $1.25; yellow, $1.10
crate; new red. $2 cental; new yellow.
Potatoes: local, vocai.to: rarxasie.
$1.25-1.35: eastern Washington. $1-1.25
Seed potatoes certified ) earliest 01 all.
1-1 e: early rose. 1-1 e lb.
New potatoes: California, garnets, 2 He
lb.: white. 12.10 central.
Strawberries: Oregon. 24s, 75-eoc
crate; Gold Dollar, 60-65e crate.
Wool: 1932 clip, nominal: YVillam
ette valley. Be lb. ; eastern Oregon, S
Hsr: buvinr price from producer: al
falfa. $13.50-14.00; eastern Uregon tim
othy, $19; ots and vetch, $14.
MRS. MEYER IMPROVES
BRUSH CREEK. June 9
Mrs. I H. Meyer, who under
went a serious operation on
May 13, was able to sit up a
little Wednesday for the first
time since her operation. Her
physician said that she was get
ting along splendidly and from
now on could be up a part of
each day. She Is being cared for
by her niece, Miss Corine Mo-
berg of Scotts Mills.
PORTLAND. Ore, June 8 (AP)
Cattle 50, ealvea 10, steady.
8teers. 600-900 lbs- good. 5.75-6.75;
medium. 4.75 5.75: common. 4.00-5.00;
900-1100 lba good. 5.75-6.75; medium,
4.75-5.76; common, 4.00-5.00; 1100-1300
lbs., good, 5.50-6.50; medium, 4.50-5.75.
Heifers. 550-850 Iba.. good, 8.50-6.00;
medium. 4.25-6.25: common. 8.25-4.25,
Cows, good, 4.00-4.50; common ana me
dium, 2.50-4.00; low cutter ana cutter,
1.00 2.50. Bulls, yearling? excluded,
good and choice, beef. 3.50-4.00; cotter,
common and medium, 2.50-3.50. Vealers,
milk fed, good and choice, 6.00-5.50; me
dium. 8.50-5.00: cull and common. 2.00-
3.50. Calves. 250-500 lbs, good and
choice, 3.50-5.00; common and medium.
Hoes: 700 : steady.
Light lights. 140-160 lbs., good and
choice. 3.40-4.25; light-weighta, 1 60-ISO
lbs.. 4.00-4.25; 180-200 lbs, 4.00-4.25;
medium waicht, 200-220 lbs.. 8.40-4.25;
220-250 Iba, 8.15-4.00; heavyweights.
250-290 lbs.. 8.00-3.85; 290-3a0 Iba.
RS 3.75: oaekinr bow. T5-500 Iba, me
dium and rood. 3.35-3.85; feeder and
atocker oica. 70 ISO Iba. good end
choice. 8.00 8.25.
RkMB! SoO: ateadv.
t tnhi SO Iba.. down. rood and
choice. S.75-4.00; medium. 3.00-3.75; ell
weight, common, 2.00 3.00. Yearling
wether. 80-110 lbs, medium to choice.
1.25-2.00. Ewes, 120 lbs, medium te
choice. .75-1.00; 120-150 lbs, medium to
ehoiee. .75-1.00: all weight, cull to
eommea, .50-. 75.
PORTLAND, Ore, June 8 (AP)
Oranges: California navels, wrapped
f,r S3.TS-4: ehoiee. $2.75-8.50. Can
taloapea: Imperial. $3.25-4 crate. Grape
fruit: California, f 3-3.su; norma, m.i
5.50 ease. Lemons: California, $5.75-6.25
ease. Umaa: S-doxan cartons. $3.23,
Bananas: benches. 5e: hands. 6e lb,
Cherriee: California Tartarian. 10c;
Ri 19U-15a lb.
Rbaberb: outdoor grown, 2-2 e lb.
Cabbage: local, new crop. 90e-$l crate
new crop. California, $-4e; Texaa 2-8e.
Cueumbari: hothouse. 40C-31.S5 Jioa.
8tlnaeh: locaL COe orange box. Ce
California, $1.35 doten.
Trlday, Jan IS
XOAO 650 Ka. OwranU
S:$0 nCisteal eye epeaers.
12:30 "The Horn Vegetable Garden,
Prnf . A a. lUaaaaL
IS :$S Market reports, crops n weata-
- er forecast. '
7:45 Market reperts, crops and went
XaW 20 Kfc Portland
Sj $0 Plane recital,
o SB Ceaklna aehooL
13:15 Western Farm aad Home kotaT.
V MWn SVaak Satla KnrUak.
4;1S National Cob ear orchestra NBC
8:00 Paal W hi teaman-s Uhltitaina ajeu.
T:00 Amos Andy, HBO.
XU Hoet (hrV
Grade R raw 4 mOk.
co-op pool price, $1.28 per
(MUk based- en May outterfat
' STerage. )
Butterfat, sour, 14c
Butterfat, sweet, 16c
80 to .85
85 U 1.00
.1.00 to 1.25
.65 to $1.00
..60 to .90
.90 to 1.00
-.20 to .50
GRAIN AND RSI
Wheat, western red 5 8 to .60
White bu. 58 to 60
Barley, ton, top 20.00 to 31.00
Uats. ton. too 22.00 te 23.00
Hay, buying prices
Oats and vetch, ton 12.00 to 13.00
Alfalfa, valley. 2nd cutting 13.00-14.00
Fwes 00 to 01
Hogs, top 3.85
Hors. first cuts
Oressed veal, top
.....05 to OSH
-02H to .03
.03 H to .04
Strawberries Weak at
PORTLAND, Jon. (AP)-
Little change la reflected la the
market for dairy products. The
decreasing supply of butter is
making Itself felt in the local
trade bnt operators generally
have been adverse to quoting an
advance thronglr fear of cortall
ing the demand.
Prices appear steady for prints
and cubes on the open market
with demand at least normal.
Movement Into storage con
tinues, some of it being forced
by local centralizers who cling
to the opinion that the market
Is going to do somewhat better
within the next few months.
Butterfat is hoi dine steady.
Market for eggs continues to
reflect weakness with more of
less shading of prices in the
home territory. Outside interests
are said to be offering egjrs free
ly below the local price stand
ards. Further lowering of rhlekn
prices is shown in spots. Lipht
hens and broilers are showing a
reduction of lc lb. arain in some
auartws with little rail for the
former at any price.
Extreme low price on dressed
tnrkeys has created an extraor
dinary unseasonable demand here.
Turkeys are being quoted at less
than other fowls, therefore ap
near the cheapest meat on the
Weather conditions have been
airalnst melon prices her and
reductions in both cantaloupes
and watermelons are announced.
Better quality cant's Is report
ing in late arrivals.
Prices continue weak In the
strawberry market here with re
ceipts liberal and demand a trifle
soggy. With Gold Dollars decreas
ing, there is more demand In
Market for country killed
calves is in a bad way here with
the supply liberal and the outfto
very slow. Prices are weak to
lower and especially so for the
Dressed lamb market is re
norted weaker aealn although no
eeneral cutting of prices is re
ported. Hot. ever 8c now appears
the treneral top with heavy stuff
mostly 7c for best. Hogs are
III IK FOR SOIL
Surveys Reveal Need Here;
Red Hills Especially
Need This Help
Increased Interest' In liming
western Oregon soils Is indicated
by more requests for toil tests at
the Oregon Experiment station,
aad provision of more sources of
agricultural lime by state and
"Soil surveys and chemical an
alyses covering the Willamette
valley, backed by IS years of plat
records -show conclusively that
the red hill soils are distinctly
add and in need of lime, and that
limiag will pay its way on older
cropped soils of the main valley
floor " says Dr. W. L. Powers,
chief in soils at the experiment
Coast regions are now using
lime in ever Increasing quantities
as it has been shown to be the
key to continued production of
legumes so necessary in the crop
ping system needed to support
the great coast dairy Industry.
At Marshfield efforts are being
made to recover agricultural lime
from sea shell deposits.
"Liming at the experiment ata- i
tion has increased the activity of
beneficial soil bacteria concerned
in the formation of nitrates need
ed by plants," Dr. Powers contin
ues. "It has improved the struc
ture of heavy soil, increased the
nutrient value of crops where
used. Increased the drouth resist
ance of the soil and aided in im
proving the water capacity. Esti
mates based on tests at 'the sta
tion are that a half million tons
of lime a year could be used to
maintain favorable soil reaction
in western Oregon."
t WHAT'S IN CTORE FOR POPEYE? f
" VJ ' MASTER TOYtxA -: "
v But to mc its J
JflTJTj Oti cXCCOONT Uf
:ffialf5, OF I KIH NOT J-lei
Name Engraved on
SILVERTON, June 9 Miss In
ga Goplerud, a senior at the Uni
versity of Oregon, won the honor
of having her name engraved on
the Zeta Tau Alpha cup of schol
arship this year. Each year a sen
ior girl with the highest scholas
tic standing In the sorority Is ac
corded this honor. Miss Eleanor
Jane Ballentyne, also of Silverton,
Is among the five seniors of the
Miss Ballentyne, who majored
in journalism, will be employed
Here's the cause of it alL If King Blozo of Naxftta hadn't lost bis
country's gold reserve, which he was using for filling la bis lower
left wisdom tooth, POPEYE might be safe on shore instead of very
much at sea, mentally and physically, on a mystery ship! To find
the treasure that will pat Nazills back on the gold standard, POPEYE
to risking life, limb and sanity. Watch for this funniest of all POP
EYE adventures in E. C Segavrs comic strip, THIMBLE THEATRE,
beguiling June 12. It will be In the Oregon Statesman, of course I
Averages Scarcely Half of
1926-'30 Levels Says
New 0. S. C. Report
Price levels for farm products
on Oregon farms average scarce
ly half as high' as at this season
ot the year from 1I2C to 1110, ac
cording to data Just released by
the Oregon State college exten
The' general level of farm prices
for eggs 0a April If was 51 per
cent ot the average on that date
from 1916 to 1930, the report
said. The Oregon butterfat price
index atood at 38, hogs St. wool
14. beef cattle St. wheat 44 and
hay 84. The general level of farm
prices in the whole country is
The exchange value of farm
products for commodities usually
purchased by farmers now ave
rages about one-half as much as
before the war, according to the
circular. Factory payrolls in the
United States which are listed as
a measure of the strength of de
mand for farm products were re
ported at SO per cent of the aver
age at the same season from 1923
Bus Patrons Give
Party For Driver
As School Closes
during the summer and in the au
tumn will take up some other po
sition. At present she has a tenta
tive position in mind.
Other Silverton young people
to receive their degrees at the
university Monday are Ronald
Hubbs. John Goplerud, and Law
Neva McKenzie is
Of Federated Guild
HUBBARD, June 9 For their
last meeting of the year the
Guild of the Federated churches
motored out to the home of Wil
ms Leffler for a potlnck luncheon
Wednesday. Neva McKentle was
re-elected president and Margar
et aicMannis was re-elected so
on the Silverton Appeal-Tribune cretary-treasurer.
The roofing of the church has
been completed and next year the
Guild plans to renovate the inside
of the church.
Those enjoying a pleasant day
were Mesdames J. 8. Blair. Al
len, Walter McMannis, Moon, Slit-
tenhart. H. E. Adams. A. M al
loy, Raymond Murphy, Elton Mc
Laughlin, A. J. Smith, H. L.
Carl, E. U. Anderson, O. S. Har
tong, Elmer McArthur, Neva Mc
Kenzie and George Leffler.
TWO GRABS IN FAMILY
HUBBARD, June 9 Mrs
John Smolnlsky is planning to
attend the baccalaureate services
Sunday at McArthur Court in
Eugene for the graduating class
of the University of Oregon. Her
daughter and son-in-law, Mr. and
Mrs. Robert O'Leary will both
graduate this year.
GRAND ISLAND. June 9 The
people in the Island district who
have been patronizing the Amity
high school bus for the past sev
eral years, entertained at a party
Tuesday night in the home ot Mr.
and Mrs. George Antrim of the
Unionvale district, the bus driver
and family. Mr. and Mrs. Fred.
Vincent, and two children cifvAi
ity. In this way they chose to
show their appreciation of his
kindness and generosity which he
has so willingly given during the
past eight years of his services as
At a late hour an unlimited
supply of strawberries. Ice cream
and cake was served to all par
ticipants. The families from the
Island which were represented
were J. H. Tompkins, C. A. Rock
hill. Tom Lawrence. Morton
Tompkins, Clarence Badger, .E A.
Lefley, Mrs. M. Braat and two
children. Arnold and Shirley Jean,
Mr. and Mrs. George Antrim, and
Edgar Thorton from the Union-
nletta Penrose of Salem.
By WALT DISNEY
f-O' FLOUR GET ON BCX?)( VQU DERE'S PUT VAfiOUwAS MADE LEAD J U' 111 7C &
V IT WASN'T THERE J GHOSTS ( HER BACK VT C tr!x 1 I 7 v XxAV) )
- V LAST NKaHT! ( ABGABD OiS IN THB I Yf lATS WRATHS 1 "SHtf I X v VvlU J
THIMBLE THEATRE Starring Popeye
Now Showing: "On the Last Lap"
I VIM SUSVRlZtU
SHE GVVEO Ml THE
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OF A SOOOtK 5Ht OATS
m a uooj &-t nv
CVilMO I JiiB AH
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LITTLE ANNIE ROONEY
"A Grand and Glorious Feeling
By DARRELL McCLURE
Y SURE 4PT7I r M03"E65lrl-SHE WA A
)l TXJ DOUT KWCVJ YHE. UTTLE STRAMSEe AVERVSWEET-i,:
I girl vjho brought flowers ) riTTTv looking chiud x kwow 5sS
t EVECV" DAV WHILE. I WAS r-fT Ml- )t ALUNOue PLAYMATES
I. ItL?? Jnrd U fcriAj Jr AMD 1 AM SOCE t-VIV
11 Wi-'VL 2Rji SHE WAS A r- f'kjl)
SL0RM05O-w X FEEL SWELL -ALL
DAV IKJ SCHOOL T.DHXVT Ml 55 OvlCt
AK THAT SHOWS I AMTAS DUMB
A m. T iiewftTnae
rw a. aw 00
1 . rrT r 11
On Brtuta rljhn mrrrr4. C'O
COOCSE. GETnH' YOUO-
aJOTVUMG TO YOU 'CAUSE. VDO
5ETEM laSHT EVEVCAV
BUT VOHEM VtXJ 6ET-EM RIGHT
FORTHEVEgy FIRST TIME.-
itaaak.es yoo feel
GLAD ALL OVER. I
TOOTS AND CASPER
By JIMMY MURPHY
AHIEETIS A( ru. TAKE rr-JUST CHARGE J f OH. fH SURE THAT MVHUSBAND
Y, BEAUTIFUL! ) fT TO MY HUSBAND. THE WO- FORGIVE ME I BUT HOW FORTUNATE
7 tMSSl! SDT,aW I THAT 1 PAINTED ON THE WITNESS
( Su?? ) CrloNSi 1 STAND JUST AS 1 WAS TO
suchm poise! W1 AlELL ABOUT THAT TIKZ IN
mm JjHANryldPVi KENTUCKY! HET NEVER.
vPif ll TMAJ4YV y fif5'553L rEVER TAKE ME BACK J
Jrtf&fm St I S. 6 1 HAD TOLD THAT! f
sJwihyAA II A st rrwoui-OHAVE Ji
JTaai iTralam Slbrrm hr .
II UiluN 1
J I irt cm li
- OF COURSE, I'LL PUT MV PRIDE
IN MY POCKET. AND LKAYVU
BACK TO HiM BUT I WANT TO
LOOK JUST SO
BEFORE f CALL
TO SEE HIM1
I WANT HIM TO
BE PROUD OP
ME1 I'M A
Iti A DUCHESS! A DUCHESS!
OH! HOW WONDERFUL! ITS LIKE
A TALE FROM A FAIRY BOOK! '
MS, SOPHIE. A MEMBER OF
ROYALTY! SOPHIE! WHl
THAT'S TOO PLEBEIAN A NAME
FOR A DUCHESS 1 I'LL CHANGE
THAT! FROM NOW ON MY
I HI. CALL MYSELF
AT 1 IJ II