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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Jan. 21, 1925)
THE CAPITAL, JOUKNAL, SALEM, OREGON VEDNESDAY, JANUARY, 21, 1923 DECLINING STOCKS FORCE .PRUNE PRICE ADVANCES ' PAGE EIGHT ADD HALF CENT OH 40-50 SIZES Forced by thu rnpldly declining amount of nUnka on hands a num ber of );ipkn;i yenlenlity announc ed an advance of half a cent on 40-5OS, the. announcement coming as it wan predicted by the Capita! Journal It would, although little sooner than expected. Low quan tities of siocks, and tho advance made by the California association on a number of sizes including 40 10s are both feature in the move mtnt for the advance on OreKons. It la alxo stated that there la lit tle question commercial packers In California will come up with an advance generally on vurlous sixes In line with Monday's advance of the California association. The 9 cent price on 40s Is put ting this size about where It w;i expected 1 would K at the early part of the season. Whether It can be fumed up any more re mains a Question to be answered but a clc-inup at 9 cents wnuh' j generally De conmuerea siiwiia tory, It Is stated. It Is believed the customary period or shopping about will be tried out by the buyers before the 4s beifin to move at 9 cents, and when this period elajwes the move ment will betsin. The chopping nnt lod nromwes to be a abort one, aa buyers In the east are awake to the fact there Is a short crop here and if they want to get In on Oregon a they probably will have to hurry. Word has been received here of the sale of a car In the east by the northwest exchange at tne roiiow Ing prices: 11 for 30s, t for 6-4fis. 8 4 for 50s. Whether the northwcit exchange win iouow alone at the 9 cent price Is n t known, but It Is understood that the California Packing corporation will announce that price for 40a and the Irager Fruit company haa already announced that price. Report has been received here that the Wasnmgton u rowers -aoclatlon's holdings are now down to 750,000 pounds. HOW WEAKNESS POLICY OF SILENCE Chicago, Jan. 21 The wheat op cnlng tanked from tu I cent higher, with May II. VI to 11.91 and July $1 67 to $1 68. On the reaclion, M;iy went down to Jl.blt After opifiilng unchanged to 1 cent lower, May $1.:(Mh to $1.:16 ihe corn market underwent a de cided general setback. Oats started at H to cent decline, May 62 i t;3, and later Buffeted an additional drop. l'r-jvl.il n wvi e renpo naive to corn weakness. Wheat cloyed weak, 1 4 to 21 cent net decline. Corn cl'jftt'd nervous, t to 2 T4 net lower, May $1.33 to $1.33. TO STANDARDIZE MOHAIR GRADES 10 RAISE PRICE An effort to obtain standard rrades for mohair Is being started by A. C. Clage of Portland, editor or the Angora toai journm, mm Georgo T. Willlngmyre, standard tuition export and wool specialist. with the United States department of agriculture, Washington, I). C. The Impetus for standardized grading of mohair, Mr. Willmg mvre nolnte-d out. must come from the growers themselves and to this nd an effort win be made to or tan Ixo them. Oregon la the lead Ing state In the raising of mohair In tho northwest, the only oilier ectlon troduclng any important amount being the southwest. Stnndard grades for wool were adopted In July, 1923, and have been accepted by both producers and manufacturers. The grading Is In national use. and haa indi cations of becoming international In Its application. It m desired that the department of agriculture furnish market quo tations and full information on con aumptlon and data on stock. This would be possible If the standard grades weie adopted, but tho de partment Is not in a position to set these standards or recognize them Unless requested by the producer. The average clip of Oregon, ap proximately 600,000 pound. Is now old at a blanket price. With the grade in effect It la estimated that fully 30 cents a pound more could be obtained by the pr mine era. In Oregon this wound amount to approximately $150,000 a year. COMPLETE PACKING OF 108,000 POUNDS PRUNES The big Job of packing into car tons lON.ouO pounds of the Ore gon rowers association, which weie sold In Canada and the eanl recently by John II. Hare, has been completed and only about two bint of the order are yet to be pack'tl. (bene to be packed In 25 pound boxes. The work ia being done nt the Hnlem Fruit union plant under the direction of Will iam Kay. Prune belonging to the local of the North Pacific Kxchange here are being packed rapidly, manv of them being sent out for shipment and the balance being moved Into the duck i't Portland to await or der for shipment. AMERICAN INDIANS TRACED TO MAYAS Tonopah, Nev Captiln Allen La Uaron, Itnttah archaeologist, who has been exploring excava tions of ancient villages in Nevada, passed through here recently on his way to the Colorado river to continue his quest for the Identity Of ths first Inhabitants of the Am erican continent, The captain is trying to discover aa nearly as he can from archaelo glcal evidence, who these people were and when) they came from It la his plan to reopen imt of the old turquoise mine and, by systematic excavation, to trace the early races from Itoulder Canyon to the eastern border of Nevada. Captain Le Karon soya the evi dence Indicating a connection be tween the early people of this re gion and the Mayas of Yucatan, Mexico, ia accumulating. Ha oon- elder one of hlo most Important finds a aymhol of sacrifice, a gro tesque mask, which ho uncovered la Aiteo Canyon, II mile south of Vegaa, Nov. It la like the maeko known to have ben worn by Maya prlenta when they con ducted tho sacrificial asrvlces whore thousands of victims were Immolated. Portland, Jan. 21 There la I weak undertone In the egg mar ket with extraa and firsts a cent lower on the exchange. Otner grades are unchanged. Weakness In the butter market ia reflected In a cent decline In all grades of cubes; extras 43; stand ards 41 "A prime firsts 40 cents; prints and butterfnt bids unchang ed. Poultry la alow and weak. The demand ta quiet and receipts arc moderate. Itetail butchers are holding off on country dressed meats hoping to pick up some cheap calves anil hogs. Veal receipts were only fair today and commission men are asking 14 to 15 cents for their choice light calves. Choice light hogs hold at 14 to 14 cents. Oregon wool is showing a strong undertone with latest contracts made at 45 to 46 cents. Buying la lew active but sheepmen are to content t? wait until the opening of the heavyweight good In the east the latter part of this monh Idaho wool growers atlll favor Portland aa the logical center to aell and store. The potato market ia steady with U. 8. No. 1 grade llurbanks Helling at $2 to $2.25 and Yakima Uema at $2.25 to $2.60 In the lo cal wholesale market. Ituylng prices on Oregon stock, sacked and stenciled, are $1.65 to $1.75 f. o. b. shipping point for U. S. No. 1 llur banks. MVKSTOCK Portlnnd, Jan. 21 Cattle mar ket steady; receipts none; ttteeiH good $7.25 U 7.76; medium $8.25 j 7.25; common $&.2f(i6.2f; cau ncr and cutter steers $4.00 & $5.25; heifers, good S50 pounds up) 10.00 ir 6.50; common and medium, all weights $4.00 41 $6.00; cows, good $5.25 ft) 5.7fi ; common and medium $4.006i5.25; dinners and cutters $ 1.50 4.00; bulls, good (beef yearlings exclud ed) $ I.00W4.&0; cofrimmon to med fum (canner and bologna )$3.00fti 4.00: en Ives medium to choice (190 lbs. down) $7.00(rip 10.00; cull and common (190 lbs. down) $5.00 (if 7.00; medium to choice (190 to L'HO lbs.) $t.75 9 00; medium to choice (260 lbs. up) $.V50 W 7.25 ; cull and common (190 lbs. up) $4 .004j;.fi4. Hogs steady; receipts 50: heavj weight (250 to 3.r.0 pounds) medium, good and choice $9.75 ti 11.25; medium weight (200 to 300 lbs.) medium, good and choice $ 10.50 v 11.40; lightweight (160 to 200 Ibi.) common, medium good nnd choice $ 1 1 25 y 1 1.60 Unlit lights (U0 to 160 lbs.) com mon, medium, good and choice 19. i u a 1 1 . 2 . : iiackimr hoirs. smooth $9.00? 9.:0; packing ho us rough t $K.50fi 9.00; slaughter pigs iuu ids. down) medium, good and choice $9.00 'a 10 00; feeder and stocker pigs (70 to 130 lbs.) com mon, medium, good and choice $K. 00 tin 9 00. Soft or ollv hotrs and roasting pigs uxcludud in above quotations. ) Khecp sttvuly; receipt 600; lamb. light unt handywelght, medium to choice $14. 50 w 16.50; heavyweight (92 pounds uo) medium to prime $ I 3 00 u 1 4.50: all weUht.4, cull and com mon $11. uott 14. i0; yearling weth ers, medium to prime $10 60 $13 00; wefhers (2 years old and er medium to prime 19 00 'a 1 1.00; ewes, common to choice 3K.00frl0.00: canner and cull $5.00 M'Ji.uu. (A hove iltioliit oils ex.'i-t.l lambs on shorn busts. pota roi:s Portland. Or., .1 in. 21 Potatoes strong with $1 60 'u 1 65 for Oregon stock; onl-ms firm $ 1 75 4 5,00 p.-id in country. nrTTint and m rn m vi ortland, Or., Jan. 21 Hotter weak; extra cuius, city, 41c; standards 41 lsc; prime firsts 40c; first j 3 So; undergrade nominal; i prints 4.c; cartons 4 tic. I Hut (erf at steady, best churning 'ream 4Jc net shippers' track zone! one; 45c delivered Portland. viii:t Portland, Jan. 21 Wheat bids: baart hard white $2 02; soft white $l.h9; western while ll.hrt; hard winter $1.M; northern sprinti $1.90; western red I1.S5. Today s ar receipt: wheat 26, flour 6, orn 1, hay 15, oats 2. Pon.TiiY ami 1 ;t;s Portland, Jan, 21 Kug weak; current receipts 49c; pullets 47 m1 4?Hv firsts 47V(ri4Sc; henneiiw 4K-d('50c delivered Portland. land. Portlnnd. Or., Jan. 21 Poultry rpltct; he.ivy hens 22 fli 23o; light 16 tr Ho; aprings 21 1i,2rc; old rooftters 10c; ducks white Pektn 2021c; live turkeys fie. dressed turkeys1 32ti34c; neese 1 rtc. Port hind, Jan. 21 Hojts firm; new clusters 15 (j I tic; fuggle 154 ISc; old crop nominal. Aulnlotn Carry ;t Ooat milk en route whs enjoyed by a Colorsdo motor party recent ly. The ramping party fixed a stall for a milk goat on the run ning board of their medium sited auto and consequently had a sup ply of the milk on their transcon tinental trip. The goat would oat leisurely even whllo tho car was in motion. One precedenl createa another. They Boon accumulate and becoaif law. While northwesteHt canner have put an inhibition on publication of 'he size of the fruit pack this v.vir until It 1 cleaned up, Cali fornia canners gain another linmed lato advantage for their state by publication of the flt'iires of their (tack. Koine of those favorable to pub llcatlon of the north went figures give this as another indication of why California canner succeed In keeping thoir fruit business In the lead. Just such inM ant-en as this, they say, are partly responsible for many people gaining tiie idea that California is the oniy state on the coa.st that raises any fruit, and consequently California pack are cleaned up ahead or northwest pucks and at better profit. The California pack Is officially announced by the Cauners' League of that state. Home Salem canner were favorable to publication of the puck again thia year, but were voted down by a few operators who intimated they wanted to manipu late :he market and If a pack was published they would withhold their figures and thus destroy the value ol the statistics. The outcome, of lat year'a op erations in fruits and vegetablea in California Is shown to have turned out Just about as was expected. The total pack of frulta and the total pack of vegetables, separate ly, are both less than the coinpara Lively small pack of 1923 and enow the reason for the present very closely cleaned up condition of the sales market In first hands. The total 1924 fruit pack of alt variet lea In California, In addition to being a million canes smaller than 1923, and over five million cases smaller than 1922, la well under the average pack of fruits for the five yeara ending 1923, which was an averuge per per year or 12, 084,103 cases. The pack of fruits in California in 1924 waa but a trifle over the ten-year average ending 1923, which waa per year 9,903,066 casea. Kigurea on the California fruit pack follow: rout (All grades and sizes) 1924 1923 Cases Cases Annlea 22,697 Apricots 2,050.405 1,562,298 Hlackherrles 4H.103 liB.bau Cherriea 215.114 690,685 ttrapes 79,980 64,210 Lngunbcrrlea 22,594 34,563 Pears 1,444,623 1,181,565 Peaches, Free 963.621 872,676 Peaches, Cling 6,366.598 6,591,335 Plums 10,675 164,402 1 1 a M p I ) e r rl e .. 12 ............. (looseberrles 2,074 Strawberries 6,443 Other fruits.. 79.199 152,142 Total 10,362.998 11,351,536 SALEM 10 AWAIT Survey of tho prune situation as far as prunes held in the growers hands uro concerned, simmers It down to a point where the main lots with the growers aro now held In the Salem district, that Is large lots of any particular consequence. Then -j are held by growers who are In a financial position that makes them able to hold, and these growers are satisfied that market conditions will be such as the selling season advance toward the end that the prices will go up mfficleutly to Justify their hold ing. At the present time, packers say the larger lots which are In the hands of firm holders waiting for in advance, are held at a price above what Ihe present market would Justify. These holders have to receive something above the present buying price to make good on (heir stand on holding the prune as the adv.ince that has been experienced in the buying rtarket Is Just about sufficient to lake care of the extra charge for stunt tee and similar added ex penses. Ihe whole of the Silverton and Maeleay stations are reported to be now cleaned up on prunes. One small lot is said to be all that re mains in the Shaw section and the I (alias district -s reported o be pretty Well cleaned up. In fact practically so. There is one large l;t still on tap at Sheridan and an ther large lot at forest tJrove. The last large lot in Die Oregon City section was sold to Paulus iterday which about takes that district out of tho market for grow er held orunes. , It is generally believed the large lots now held In tho Salem district i will not move away from ihe grow i ers hands until the market has icbed lis apex and buyers are, anxious enough to get the prunes to no willing to pay tho price, as growers woo have them are able to banc on. i DALLAS ELECTS . SHORTAGE BOTH DENNY'S OFFERf OF SHEEP. WOOL BA Jillas, Jan. 21 Tho Dallas black cherry growera have defin itely turned down the offer made them last week by Penney and company to enter a pool under a rive cent guarantee with a 50-50 split on the money realized over and above that amount, alter pack ing charges had been deducted, The growers In deciding not to enter iho pool at the present time neverthelej Indicated that they would be interested In a contract that would bring them a lh tie more money. Homo of the black cherry men were disposed to enter the pool, but the majority were of the opinion that the oirer was Utile light. The California Fruit News In commenting on the situation In that state has the following to say: Prunes are this week the feature of the dried fruit situation, so far as recently created newa is con cerned. The California Prune and Ap ricot Growers association has advis ed its brokers from Sin Jose that the association believed the time had arrived for some definite auc tion in the prune market and, also, that Inasmuch as It, the associa tion, la now holding the dominat ing tonnage that remains unsold, it it that organization a view that It Is uo to them to take the lnltia tlve In any market steps to bo un dertaken. With the well-known condition of prune stocks, which aro so low both on the coast and in the hands of the Jobbing trade, the association feels that It is un necessary to talk further just now about the statistical situation and feels that there are not enough prunea left to sell under a normal volume of bus 1 nets; therefore, it ie proper policy to consider reducing the volume or business ttirougn Increasing the value of the com modity in the interesta or- con cerned. The association, accord ingly, announced new and higher prices for prunes would be an nounced, to be effoi;.ivo on Mon day, January 19. This would al low an Interval of rive days In be tween for the placing nnd accept ance of orders at the old list. The announcement came out duly and quotes prune prices of the association, aa effective, at the He on 30s, 60s and 70s, oo 40s, and He on 50s; "Kquallty," an advance of c on 20s, 30s and 60s, c on 50s, and no change In the price of 40s. It will be seen from this that the association has reduced tho spread mntennlly be tween 40s and 60s. The general advance Is o a. pound but the advance on 60s la c and on 4s but 4c on "Sunsweet and no ad vance In "Kquallty" brand, thereby bringing 50s nearer to 40s In price. Cartons were not changed but there Is an anticipation that "Sunsweet carton prune price will go up within a few days. Following this advance, it is tne expectation that the commercial packers by the first ot the week wilt have rained their quotations right through to within at least lAc of the association prices. New prices of the California as sociation follow: Per lb. In 2Ti-lb. boxes "Equality" "Sunsweet' Size 20-SOa 30-40s 40-511 50-60 !i 0-708 0-80S H0-9OS . 90-lOOs Cartons, 2-lb.t Canned, No. 10s, No. 10s, No. 10s, No. 10s. No. 10s, U IK 4 r 1 3 H c 1 0 ....i 8 4 7 i ....tf V "Sunsweet" medium "Heady to Servo" Per dot 20-308... 30-40s 40-50.... 50-60 60-70 ....if Hi' 1 3 W 1 0 9 . 8 ...! 7', 4 Per dozen $210 r doz .$8.50 7.50 6.50 6.50 6.00 Salem Markets Compllctl rroiu reKrta of Sa lem dealers for Hie guidance of Capital Journal rt-adcra, (Hcvlsctl daily.) Poultrymen here have not been idviMed of a reported Quarantine on baby chick atd to "have been issued ty the department of n,:rl culture In tho mate of Washing ton a gainst entry on such chicks for bt ceding purposes Into that state. C. V. Needhim. largest raiser and shipper of bity chicks In this lion, slate totl iy he had not vet been adtUed of the quarnnline btu would Immediately make In quiries at the proper point to aa- cerutn facts In regard to It. 'I have a large number of ord ers from Washington points for fu turo delivery of baby chicks. If there la such a quarantine made rrectlve It la going to cause a dis tinct losa In thia section aa quite a large number of baby chicks In thia vicinity have been contracted for sale in that state. Tnr has been no Information secured as to the reasoi for rais ing an oubAio wall oo tho chicks. ;rain: No. 1 white wheat $1 74; No. 1 red wheat $1.73 sacked.) w tmiotitf rmvs M'?n t : Top ho;;s 1 0 4 c ; lows 7 4T 9c; dressed hogs IV; top steers 6 7c; cows 4 5c; can ner cows ltt up; buns ddjuc, spring lambs up to 90 lbs., 14c; veal 9c; dressed veal 13c. Poultry: SprinRers iec; ngnt hens 15 ir 17c; heavy hens 20c; old roosters 8c; ducks 164? ISc: turkeys 32c dressed : alive 23tr2."c; geese 18 it1 20c dressed; live 12 lit I 4o hlte P. 'kin ducks, alive ltiflrlSc; India Kunner ducks alive 14uil6c '.utterfiit 44c; creamery butler 45 it1 16c; cKgs 34c; standards 3Sc; selects 40c; niilk $ I .SO cwt. Vegetables: Potatoes $ l .75 ff? 2. 25 cwt.; head lettuce $4 00 crat" I aliform i cabbage 4c; celery hearts 90cfif$1.75 doz.; crate $iHf 7.00 cwt.; onions $4, No. 1; boilers $1.75 per cwt.; sweet pot at ties. fancy, He; spinach greens lie lb. ; peppers 25c; green Hubbard stuiiish $2.50 per cwt.; pumpkin 2c lb.: rut a barns 2le; p,i -snips 3c sacked cauliflower $ 2 25 crate; sacked carrots 2 Vi C lb,; b-us::els local turnips 2 4c pound; Jumble oranges $2.50 box; Jap-uuve cr anges $2.00 California bunch vege tables; carrots, beets and turnip $1 doxen; parsley, rndihcs. gret n onions 60c. Fruits: Apples $t.5(t box, face and fill: fancy $2.00(2 5O; extra fancy IJ.&Otf 3.60. The deepest rivers flow with least sound. SALEM Mill CITY S1SGE EFFECTIVE APRIL 15 Via Cottage Farm, tilaie Hospital, Turner. AumsTlllo, Sublimity, Stay ton. Mohama. Lyons, Foi Valley, Uooch. Mill City. Leave Salem 10:30 a. m- 1:30 a m , 4:10 p. m. leaves Mill City 1 ft. tn. 11:10 p. m. a. tu. San Francisco, Jan. 21 There Ik a de-ided shortage of wool in the United States, due to increasing population, despite the fact that an over-production of latnlts Is some times apparent, President Frank J. Hagenuurth of Spencer, Idaho, president of the National Wool (irov,'or' association, said today In iila annual address at the opening tremlon of the annual convention. "There is room for an expansion of 14,000,000 or 15,000.000 sheep on our ranges and farms and there la ample consumptive de mind for Increjme of over 100,000, 000 pounds of wool suitable for clothing purposes," Mr. Hagen tarth t-aid. "We are today only producing about twj thirds of the wool requltemen'Jl of the United States. This does not Include car pet wool consumption. "There is likewise a world sheep and wool shortage. The sheep shortage has been estimated ari ously from 70.000,000 to 80.000. 000. Although the consumptive and purchasing power of Europe has less'ined, new avenues of use have developed. Japan and China are using fine merino wools to such an extent that Japan a!0ne Is consuming over 100,000,000 pounds n ore of these wools than ouring pre-war d.iys. The coastal regions of New Zealand, Australia and t.ie Argentine are steadily deolln ing in wool production and Increas ing In cattle, both for beef anil dairy. The Hill Broe. company, who are importers of and dealers In nuts, of New York City, recently say in a review on the present small carry-over in nuts: "Small stocks and high prices for nuts In all the markets of the world will undoubtedly keep buy ers purchasing only for actual re quirements, but conservative buy ing will tend to make 1925 even more prosperous than the year Just past. With one or two excep tions the carry-over this year Is the smallest we have ever known. Not only are spot stocks small and in some instances, practically ex hausted, but the stocks abroad In the various producing countries are In the same condition and in some Instances where there Is a small quantity available the quot ed pricea for these goods invari ably are above our present quota tions. This shows the relatively strong position of most lines, es pecially nuts and figs. The year from start to finish was noted for the attsense of speculative buying and It would almost seem as though the buyers from one end of the country to the other were in league to purchase only for ac tual requirements. This all re sulted In a healthy business right through the year and no doubt job bers all over the country, by pur suing this conservative way of do ing business, have made some money, possibly not In the nature of war profits but a fair return on th?lr investment. We take it that the stocks In Interior Jobbers' hands are practically nil and there naturally will be come re-stocklng during this month. Buyers will continue their policy of hand-to-mouth buying, for we can not ex pect any lower prices generally, aa In most instances we can not re plenish our stocks abroad, owing to their being exhausted In the primary markets. We should, there fore, advise careful, conservative buying, which will tend to make 1925 more prosperous than the past season has been." mm) Ml FAST SAFE CCMVEH'FMT ELECTR5C TRAINS Leave Snlem for Portland and intermediate stops 7:05, 10 00. 11:15 a. m., 1:30, 4-00, 5:30 nnd 8:20 p. m. dally. I-'or Kugene and Inter mediate stops 8:30 and 9:50 a. m.; 4:15 and 8:10 p. m. : for Albany and Corvallis 12.50 p- ni. daily. Limited trains. Oregon Klcctric agents sell thru tickets to the East via S.P.&S. and Great Northern or Northern Pacific Kys, J. W. Ritchie, Ticket Agent Telephone Main 727. L. T Dick and L. M. Hum C1IINKSK MI'DlflMC CO. 420 and 428 State St. lias wonderful Chinese reme dies which ..III euro any human ilhiunt tnt'linlltttt sldcnchc. iMii-kn. he, stomach. kidney trouble, mnle and femnlc. If ill ioniiilt ns at once. Ic lay Is tan:;crnus. Ii'nhlishi is rwirs in an . Oregon Phone 25,000 Lbs. Grape Root Wanted Alto Fir Fitch Wanted Phone 398 . Capital Bargain House You Can Find Them in The Capital Journal Classified Ads Capital Journal classified ads will save you unlimited trouble should you be seek ing a maid, a cook, a chauf feur, a bookkeeper, or any other experienced or unex perienced help, or if you have anything to sell or trade or something you want to buy at a bargain. Into the great majority of the homes of Salem and environs, your advertise ment will go. And when you see the number and character of the replies, you will realize the advan tages of advertising in The Capital Journal