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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Feb. 6, 1925)
THE CAPITAL JOURNAL, SALEM, OREGON FRIDAY, FEBRUARY 6, 1925 COLLAPSE IN WHEAT PRICES CONTINUES IN MARKET 21 CENTS DROP Estelle Taylor Ousts Kearns PAGE TEN JOURNAL'S CROSS-WORD PUZZLE AWARDS 1st Prize $5 EKTHKR niM'FKN'BACII i'Hi N. Mil, SiiU'iu 2nd Prize $3 ( HAS. BAUhl ll 705 K. lUlll 3rd Prize $2 J.KONAKD nriit'ii 1621 liit'liit'ki'la I Chicago. Feb. Wheat prices Suddenly collapsed today. May dt livery dropped to as low, a 11.85 a bUMhol. almost 21 cent under last week' high price record. In creased JtelUnK ou an early upturn reveuled that the market wai with out any adequate auppcrt from new speculative buyers. Chicago, Feb. Opening wheat prices, which rnnsed from to 1 hlKher, with May $l.3fel.M and July $1.631.64. were fol lowed by moderate further gains. After opening at a range vary ing from decline to '4 advance, May 11.35 to 1.3&tt. corn showed an upturn all around. Oats startei unchontied to off May 60 to 05, sagged a little more and then made a general ad vance. provision averaged somewhat lower. The wheat close was unsettled, v. cat. t Inti-or. M.iw 11.h6A to 1.86 anl July $1.59 to $1.59 Corn closed nirvous, to 1 net lower, Miy $1.33 to $1.34. Winnipeg, Man.. Feb. Wheat, which baa been declining since it reached a post-war peak. January 18, plunged today on the Winnipeg grain exchange. The May future, which closed at yesterday dropped to $1.9&!4 In 're noon. 3CENW IN EGGS WITH CaCkTPWIC ESTEW& SVJYXCR. $ 'JACK KE"APtS,.. Jack Dempsey, world's champion heavyweight, will be marriod to EBtella Taylor motion picture actress, in Los Angeles, on May 20. and will retire from the ring. At the same time, he will sever all his busi ness connections with Jack K earns, long time his manager and business partner. They will divide sevpral million dollars between themselves. Dempsey announces he will retire from the ring, and declared he and Keams never had been friends and that their dealings had been purely business. Portland, Fob. 6 The expected declhio in egg prices came today with prices on the exchange two to throe cents lower at thetlose of iMo flrnt sejwlon held since Inst Friday. Kxtrua displayed the greatest weakness, sawing three cents to 37 c-jiita; firsts and pul lets were two cents lower at 36 and 34 cents respectively. Current receipts were posted at 33 cents net. lnprrviMpii receinta with a nar rower outlet, together with lossne at other const centers,- are me chief bear lull factors at this time. IvOC:il eg dealers say further market reductions will take place as soon as the high priced stocks on hand nro worked Into consump tion. Tim butter market continue steady on the dairy exchange. A half cent decline in prime nrsi cubes to 4 evnts was the only change. Country dressed moats were on a nominal bnsls today with very little trading und very few receipt. Choice light calves and hogs still bring around In' cents with very llttlo demand for undergrade). Poultry Is steady and unchiing ed with a good call for light hen at 17 to IS cents. MVRSTOCK Portland, Fol. 6 Cattle mar ket steady; receipts none; su-in good $7.25 'cj7.75; medium $6 2 ifti" 7.25; common $5.25 Gfi 6-2T ; din ner and cutter si corn $4.00 (it) $5.25: heifers, good ( S50 pound up) $0.00 ji) 6.50; common ami medium, all weights $4.00 h0 $6.00: cows, good $5. 2!i5.7!i; common and medium i-t.00uia.2r; canners and cutters S1.506C 4.00; bulls, good (beef yearlings exclud ed) $1.0))4.6O: co 4i mm on to mnl turn (cttnner nnd bologna )$3.00(i 4.00: calves medium to choice (190 lbs. down) $4.00(11.00; cull nnd eomnton 4 190 Hw. down) $fiOiift 3.00; medium to choice (190 to SCO Mis.) $7.OO$H0.O0- medium to Choice 200 lbs. up) $6.0Oi7.f0; cull and common (190 lbs. up) $4.5006.50. Hogs steady; receipts 2384; heavyweight S&0 to 350 pounds) medium, good and choice $9.75 011.00; muUi'Jin weight 200 to 300 lbs.) medium, good and choice $10.50 trll. 25; lightweight (160 to 200 IM-) common, medium axod nnd choice $1 1.25 fa 1 1 .SO, pneklug hngH, smooth 19 f.0W 10.00; packing hogs rough $9.00 i! 9.5'i; sliiui:hter pigs (130 IM. down ) medluM, good and choice $8.00 it 9.00; fcrder and stucker pigs (70 to 130 lbs.) common, med ium, go jd and choice $8.00 fti1 9.&0. Soft or oily ho us and roasting pigs excluded in a hove. quotatlon.O .Sheep quiet; receipts none; lambs, light and handy weight, medium to choice. $14.50!' lfi.&O; heavyweight (92 pound up) medium to prime $13.00)4.60; all weights, cull and com mon $11 OOj 14.S0; yearling weth ers, medium to prime $1 0.6H1 $13.00; wethers (2 years old and ovrr) medium to prime $9.00 Hi1 11.00; ewes, common to choice $8 OOiftll.00; canner and cull $5.00 08.00. (Above quotations except Iambs on shorn baffle. L MARKET HAS OFF WEEK; IF! Ronton, Mass., Feb. 6 The Com mercial Bulletin tomorrow will nay: lIuAincut In the wool market has been mom or less suspended dur ing the past wek, awaiting the op ening of goods for tho heavyweight season by the American Woolen company. There has been some business, however, between dealers and for account of manufacturer, as well ns Indicating a confidence In the future on the part of tho.se who have bouuht wool. Tho open ing of go.ids by the leading fac tor Is regarded as a very luglual. 'cuHnnahlo and promising one bv the majority In all brandies of the trade and n firm undertone is no ticeable all through the wool (ride. "The foreign markets have been somewhat Irregular, London clos ing weakly on Tuesday, while the pi iinary markets showed a little better tone at tho week end. A little contracting Is reported again in the far west for medium to fair staple in the clips of three eoliths to fine medium iiality. Mohair and other specialty fibres are In belter request at firm rates." .... The CrmmereKI Hulletln will publish the following wool (muta tions tomorrow: Scoured basis; Oregon, eastern No. 1 staple $l.ti0fir 1.65; flue and fine medium, combing $ l.r.ltfii 1 .::,; eastern elothini- $1 .45 it 1 CO ; valley No. 1, Mohair, be t combing Sii It1 90c; best curding 75 frr K0c. POTATOKS Portland. Or., Feb. 6 Potatoes steady with $1.752.00 for Oregon stock; onions steady, $3.75 paid In country. BtTTim AND lUiTTKItFAl Portland. Or.. Feb. 6 Hutter steady; extra rubes, city, 43Vfcc; standards 42c; prime firsts 41c; firsts S8c; undergrnde nominal: prints 45c; cartons 46c. liutterfat steady, best churning cream 43c not shippers' trick sone one, 45o delivered Portland. WIIKAT Portland, Feb. 6 Wheat bids: bit art hard white $2.08; soft white $1.89; western white $1.86; hard winter $1.85; northern spring $1.90; western red $1.83. Today's car receipts: wheat 11, flour 2, hay I, corn I, oats t. POrintY AND EGGS Portland, Feb. Eggs weak; current receipts $lc; pullets IV e294c; firsts aiOSlttc; henner ies 32132 0 delivered Portland. Portland, Or., Feb. 6 Poultrv firm; heavy hens I10?4c; light l917c; spring. tl24c;. old roosters 10c; ducks white Pekln $021c; live turkeys 13c: dressed turkeys 32T4o; geese lJc. Portland. Feb. $ Hops firm; new clusters 17918c; fuggles 16 V lc; old tfrcp nominal. Salem Markets Ciiuipllfil from reports of tim tern ricnicm inr (he guhlttmv of t'upltiil Jnurnul readers. (Ucte dally.) Grain: No. 1 white wheat $1.74 No. 1 red wheat $1 71 (sacked). Wholesale rrlrr M-'at: Top hogs 10ic; sows V 50 Do; drtyts-.'d hogs 15c; top teer 67c; cows 4r&c; c ner cows 1 V4 up; bulls 3 ir tpilng la 11 1 lis up to 90 lbs., 14c; ve.ll 9c: drcssc.1 veal 14c. 1'oultry: Springers 1 tic; light hena 15 it1 1 7c; heavy hens 20c old roosters 8c; ducks 1 6 Hi1 1 Se turkeys .Vie. dressed: alive 2;Uv2.ie geese IHSi'-Oc dressed; live 1 2 n I 4c white tVkin ducks, alive ltiijMSc; India llunner ducks alive MHiMOc liuilcriat 44c; creamery butter 4TV4tic: eggs 30c; standards 33c selects 3 5c; milk $1.80 cut. Vegetables: 1'otatoeM $1.750225 cwt. head lettuce $4.504r4.7t crate California cablmgo 4tl!4Vt: celery hearts $1.25f2.15 dot.; crate 6i( 7.00 cwt.; onions $5, No. 1; boilers $2.50 per cwt.; sweet potatoes, fancy 8 if1 10c; spinach greens 9c; reapers 35c; green Hubbard squash $3 50 per cwt; rutabagas Z Vfc cents; parsnip I cents sacked cauliflower $2.25 crate sacked carrots $2.50; brussels xprotita 16c, locil turnips 3Hc lb.; California bunch vegetables: car rots, beets and turnip it 0c dozen parsley 75c; radishes, green onion M'c; grape fruit $4 OOAI4.76 crate: fruit $4.004.75 crate: rhubarb rhubarb 17 Wc: tomatoes $5 30 lb. lug; Texas cabbage 6c lb ; sacked beets 4c. Fruits: Applrs $1.50 box, face nmi rill: fancy $2.002 50 fnncy $2.50(f3.50. OKi;t;o.N 1 i,i:mtic time T All IK NOKTH BOUND No. tl Port. Una I, Sun. only 4:30 a. m No. t. Portland Local ..7:05 a. m. No. 10, Limited 10:00 a, m. No, It. Portland Local. 11:1$ a. m No. 14. Portland Local. .1:30 p, m. No, 1$. Umitfrt ..,.. 4 fip p. m No. 10, Corvallls Local...: 30 n. m. No. It. lortland Local ...!: JO p. m. SOUTH BOUND No. 1$ Port, to Sulcm, Sun. only I :0 a. m. No. 1, Buftens Locall:30 a, m No. I, Bugene Llm.MM..t:50 a. m No. 7. Corvallls Local .11:0 p. m No, . Eugene Loosi.4:U p, m No. IT Portland to Salem 4:40 p. m No. It. K11. Limited 1:10 p. ni No. 19 Portland to Salem ll;$ p.m. Predictions which have been re peatedly made that before the sell ing season was over eastern buy ers would awake to the fact that Oregon prunes of the 1924 crop would not always be had for the asking, end that when they did awake there would be a scramble for them seem to be neaiing ful fillment. According to advices from New York and swelling de mand for raisins which has per meated the market of the metropo lis has spread to prunes and that a scramble has developed there to buy prunes. These advices would Indicate that the fever will spread to the coast supply In the near future a spot stocks of both Oregon and Culifornlas In New York are by no means heavy and if the buying fever keeps up It will mean an early cleaning out of stocks held on the coast. A New York dispatch dwelllns In the New York situation has the following to say: J he ralsiri optimism spread In to the prune marts where spllers were pointing out the deslrabilltv of loading up with etocks to carry nisiriouiors over tne spring month News from California shows spot stocks going out rapidly to all quarters of the country. Chicago and the middle west having bought heavily the Iat day or two. It was thought the association would have enough goods to last until shout June 1 but the way prunes are mov ing tne Dins may be cleared by May 15. "Spot etocks of Ore conn nnd California held by responsible dealers are .moving out nicely. Huy era wore Interested in a lot of old crop Oregon 30s which they were irymg 10 purcnase at advantage ous prices under the quotations but holders were not inclined to loosen up on any goods below the list prices. Oregon 40s are go ing Into trade channels In a brisk way, orders ranging from 100 case lots to carloads, 9 cents being securpd without any trouble." Growers In connection with the Mt. Angel cannery are in favor of joining the co-operative cannery group, but final decision In the matter rests with the ooard of di rectors, according to action taken at the annual meeting of stock holders of that cannery nfter Hert panning or Salem and It, H. Kipp I'ortiami had talked to the meeting relative to the proposed cooperative movement. 'liil May was ek-tU'd president or the cannery. N. A. Klin inner. vice president, and F. J. Ftcker, 1 1 secretary-treasarer. Mr. Ftcker was also elected a director In place of josenn j. Keoer. who resinned ow ing to Ill-health. Joseph Sprauser and J. N. Smith are also on the board besides the officers. Vari ous estimates were made as to the crop situation, growers being ln- sirucieu 10 Keep in touch with the manager so ho may be advised as to conditions as early as nossible. J. Forr.-st Sau vain wil continue as manager. FRUIT NEWS? The Capital Journal Specializes On II JloriiumUil A'tTlk-ul 1. Advertise 1. Aids 6. Do 2. Vt. 7. Ask 3. Itlse 8. II. C. 4. I. E. 1 1. Oh 6. Kii-h 12. On . 9. Ohm 16. Or 10. Woo 17. Gee 13. Loan 18. At 14. Honn 21. Newspaper 15. Star 19. Ow 20. Up There ulll be another cross word puzzle In the Cupllul Journal Tomorrow. Salem -Stayton- Mill City Stage Line East Bound Salem -.7:30 10:30 Cottage Farm 7:45 10:46 State Hospital7:60 .0:60 Turner 8:00 11:00 Aumavllle 8:10 11:10 Sublimity 8:20 11:20 Stayton 8:30 11:30 Mehama 12:00 Lyons 9:05 12:05 Fox Valley 9:15 112:15 Gooch 9:20 12:20 Ulll City 9:30 12:30 West Hound Mill City 11:50 3:60 Gooch 112:00 Foi Valley 12.05 Lyons ' Mehama Stayton Sublimity 12:20 12:60 1:00 1:10 .1:20 State Hospital 1.20 Cottage l-'u-m 1:35 Salem 1:50 Aumsvllla Turner 4.00 4:05 4.15 4:20 4:60 6:00 6:10 6:20 6:30 6:36 6:60 4:30 4:45 :b0 6:00 5:10 6:20 6:30 6:00 6:05 6:15 6:20 6:30 T:00 1:10 7.16 7:25 7:30 8:00 8:10 8:20 1:30 1.40 8:46 9:00 Extra Stage Sundays Leaving Salem 9:30 p. m. for Cottage Farm and State Hospital only. Phone 698 'OS HAMMAN. Prop. SALEM MILL CITY STAGE EFFECTIVE APRIL 15 Via Cottage Farm, Slate Hospital. Turner, Aumsvllte, Sublimity, Stayton, Mehama. Lyons, Foi Valley, Gooch, Mill City. Leaves Salem 10:30 a. m.. 7:30 a m., 4:30 p. m. Leaves Mill City 7 a. m. 11:50 n m. 3 sn n m. hot nn u.N iwcii ic TIM K TAIII.Il Main Line NOltTII BOUND No. IB. Oregon Express 6:41 a. m. No. M, The Cregonlan .6:05 a. m. No. 32. from Coos Hay.... 4:48 a. m. No. 18. 1'ortlaml Pnw ...12.27 p. m No. 34. RtiKcne to I'ort 5:50 p. m. No. 14. Portland Kxnr 1:22 p. ni. umiTH Ultimo' No 53, Oregonlan 8:13 a. m No. U Shasta 10:12 a. m No. 17. HoBoburg Tana 10:41 a. m, No. 16, California Kipr...U.23 a. m No. 31. Cons Hay 10:14 p. m No 13. FrHoo Kx press .10:66 p. m Snlpni-Dnllas Dally motor 9:40 a. m : 9 20 p. m, I'Alikl lt STALE UNI S Stages Lcnvt For: Silvcrton 7 a. in., 11 a. m., 5 p. ni. Dallas 7:00. 7:55. 9:00. 11:30 n. in.. 1:00. 2:10, 6:00. 5:15 p ni. Falls City 7:00 a. m.. 6:15 p. m. Momnoulli 7:00 a. m., 11:15 a. m.. 3:10 p. m., 6:15 p m. Also at 8:30 Sunday nights. Independence Y:00 a. ni., 9:00 a. m., 11:15 a. m., 3:10 p. ni., 6:45 p. m. Also at 8:30 Sun day night. McMiiinvllle 7:55 a. m., 1:10 p. ni.. and 6:10 p. m. The Mc Mlnnville staice takes In the towiia of Itiekn-all, Holmes Bap. McCoy liy., Amity, and Whiteson, and makce direct connections for Sheridan, Wil lamina. Orande Honile. Ag ency. Dolph. Heho. Heaver. Hemlock. Tillamook, Bay City, and Garibaldi. Also connec tions for Dayton, Dundee, New berg, Mlddleton, Hlx Cor ners. TU-ard, Hillsboro, and Forest Grove. For further Information call 696. IVAItKI'lt STACK LINKS HI Cut In F.xprcas Ratra rounda 1 to 20 ml. 21 to 50 mt. o-io 1 .25 .5 .30 .35 f .16 U-20 .5 .so 21-3 .30 ,3S 31-40 35 .40 41-60 .40 .45 extrufl-60 .40 .60 61-70 .45 .65 71-80 .45 60 .0 0 .65 81100 .50 .70 They work while you sleep WHAT? Capital Journal Want Ada RAINCOAT SALE! SAVE WHOLESALE PRICES SAVE All New, Fresh Stock Slickers $3.93 All-Purpose Coats $9.95 February Gabardines $15.50 Clearance Snappy, Stylish Coats MALCOM TIRE CO. Commercial and Court Streets A Carload of Potatoes Just Received a Car Load of Oregon U. S. No. 1 Netted Gem Potatoes A SPECIAL LOT FOR SEED Every Sack Branded and Fully Guaranteed Special Prices irc.Quantities WE LOOK FOR HIGHER PRICES We Also Have Saturday Specials on Sale Free Delivery Yew Park Grocery and Market 705 So. 12th St. Phone 9 3 FREE For the Asking How to Buy a Used Car Safely A Booklet which may lave yon hundreds of dollar. regardless of where you buy your used car. Tea minute spent In reading this little booklet may be the means o( saving you a lot ot trouble and money. It tells you In plain, non-tecbnlcal language, just wbat you should know about a used car before you buy It, and how to go about finding these things out. Point by point, the Tltal units are described and you are told how to determine their condition. With this Information you can easily ascertain tor yourself then approximate value and condition of the car you have under consideration nd the amount of trouble free service you can reasonably eipect from It. Po far as we know, tbls ts the only thing of Ita kind In print. Get your copy today. It's Free Ask for It Phone If you can't come in. We will send It to you. Certified Public Motor Car Market Phone 885 255 North Church Street You Cain Find Them in The Capital Journa 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 Jourr.J I
