PAGE EIGHT
THE CAPITAL JOURNAL, SALEM, OREGON
THURSDAY, AUGUST 20, 1925
WHEAT GROWERS JUBILANT OVER PRICE OUTLOOK
Portland, Auy. 20 Wheat grow
ers, not only In this shite but
throughout the entire country, are
lubllant over the price oullooK
The coveted $1.50 price haB not
only ben obtained but future op
tions are well above the $1.60 level
on the Chicago grain exchange witn
the market showing a strong un
dertone.
In the Pacific northwest the
winter wheat harvewt 1b nearlnj
completion. Threahing 1h well ail
vnnci'd and the grain hauled t
warehouses. Very little ifl actually
being sold. Some wa contracted
earlier In the season and a few of
the farmers are accepting me i.u
offered by Portland millers for
rlni anrl local northern spring,
tidewater delivery. The bulk of
' the growers, however, are inclined
to hold. They are busy with their
harvest and in no hurry to sell at
present levels,
Local millers are paying $1.80 to
oa high as $1.86 for Montana dark,
northern spring, Portland delivery.
This is high in protein, ranging
better than 13 per cent.
Kkkh Arc Steady
Receipt eggM nro bid higher on
the local exchange with 30 lM net
posted for the day. liuyers are
paying country Hhippers 29 'A to
SO cents for delivered receipts.
Graded stocks are steady and un
changed. Cube butter market Is easier, es
pecially on ordinary make. On the
xehunge prime firels nro two
cents lower at 46 cenlfl, while
standards j.nd extras hold mendy
and unchanged from Wednesday.
Prints, too, are selling steady at
the B3 cent level.
Slight Improvement shown in
the live oultry market. Light hens
now quoted nt 14 to 15 with heav
ies 22 to 25. Springs bringing 21
to 25 cents. Poultry receipts not
as plentiful as they wore a week
ago.
Hop Market Values
No actual change la Indicated In
the country meat ulluaiion. Re
colptfl continue light with hardly
enough arrivals on the street to es
..i.ih n definite market. 1 he
few choice light hogs coming In
readily sell at la 'h w
while choice light veal
With picking under way In the
valley hop yards, the market has
has been esLaniisneu m MB "
...,,rinu li.-lwcen 700 and 800
t.inn hnvn nl read v changed hands
at that price. Home cliiHtfi'H til.so
Hold at 18 ,4 cents but most grow
ers holding and Htonng mr a m-i-ter
price. The Oregon crop will
fall short of last years yield.
steady; heavy hens 2123c; light
14 16c; broilers 21 25c; young
wmto Quota 22c,
ONIONS AND POTATOES
Portland. Or.. Aug. 20 Potatoes
steady; 12.002.15, onlona steady
$2.50&)2.75.
NUTS, MOPS AN1 CASCARA
Portland, Aug. 20 Nuta quiet
walnut No. 1, 28 30c; filberts
nominal.
Hops steady; now crop 1820c.
Casenra hark quiet. Old peal
6 7c per pound ; Oregon grape
root nominal.
cents
hold
F!
MVKKTOCK
Portland, AUK. 20 Cuttle ulcudj-
receipt. ai; ulcer, nu-iiiuni
fci8.25; common $U.0U Cu 7.b0; can
nn.iliul outturn J-1.B0 t 8.00 ; Hell
p. commun ana medium $ -1 . 0 0 i
S.r.0: co-.vh. common nuil meillum
:i sr. rif 5.75: ennners nnu oulli'ra
il.B0'l'3.25: b u I Ifl. Bond ( let
yenrlliiKS excluded) $4.005.00;
common to medium ennnora nnn
bnlnKims 3.00U.OO; cnlven, me
dliim lo eliiilio milk fed cxi'lud
eil $7.00fii 1."0: cull and common
if. nnfiiUTifl: venters. meillum
cliolre I10.0DW12.00; cull and com
mon IG.50Wlo.ou.
ii.m.w meiidv: receipts 200
hniivvweluht (250 (o 350 ll.)
,..,n,,,,, L-.i.id iiii.l choice $13.00i8
J4.50; medium weight (200 to 260
11m.) medium, good nnd cliolcc
$13.71) tj 15.00; llKhtwelBllt (100 to
aoo IImO common, inedliim, nood
n.l nholeo $H.50W15.10; IlKlit
ii.rl.i nnn to 100 11m.) common
medium, Rood nnd choice $14.00f
14.76; pafkliiK li"K 1 " 1'' 1 -
IniiBhtcr plKH (130 ll.a. down)
mo. limn iz 1 nnd choice $13. BOW
14.60; feeiler mill atocker plua (70
lo 130 lha.l medium, uood nnd
i.,.i..n ti:i iiodri I 4.011. (Sort or oily
horn nnd roimlliiK 1'lKi excluded
In nlmvo quotation. I
HV.n. n Riinuir: receipts 260
tnmlin. cond and choice Mt. Ad-
nma) $1 2 00 w 12.60; lambs, nied
llim to K'.od (valley) tlO.MW
VI to- hn.ivvivelirllt (92 Ilia, up)
$H 501 10.0(1- all welchta, cull and
common $6.0O8.O0; yearlliu;
wentheni, medium to choice $7.00
ti9.00: ewes, common in cnoi. .
$3.0')(ii'ti.00; canner ami cull $1.60.
I'OltTt.ANO (dIMN
Portland, AuK. 20 Wheal ; hard
White, bhieHteni, haart $1.50; ao(t
White $1.67; western white $1.60:
hard winter, northern sprlne; $1.65;
womeni red $1.53; H. H. H. hard
white $1.01. Today's car receipts:
wheat 98. hurley 2. flour 7, corn
I, oat 1. hay 10.
IlIJTlKIt ANI KtifiS
Portland, Auk. 20 Kwm firm:
current receipt 29 Sc; piilleta
I7f28c; flrata SOfpaOUjc; extras
83.130 delivered Portland.
Htltter ateady; oxtra cuhea city
JOc; atnndnrda 48c; prlmo flrats
46n; flrata 45c; untterKrndea nom
inal; prlnta 63c; cnrlona 64c.
Buttcrfnt firm: beat cliurnlniT
oream 62c net ahlpuera track in
lone 1.
I-Ot 41'ltY
Portland. Or., AuK. !0 Poultry
VALLEY STARTS
Portland, Autf. 20 Picking of
fuKKlo hops has started In Oregon
and the harveHting of tho main
crop will begin us uual during the
flrwt week In September. The hop
yardw are making a good appear
ance, but it la not believed tho
crop will ccme down as largo an ex
pected earlier In the season and It
i likely that tho total Oregon
yield will nt equal that of last
year. . Reports from Wahlngton
and California also indicate that
the crops of those states will be
somewhat short of 11)24.
Tho market has a firm founda
tion at the opening of the season
with nhorter crops throughout the
world than Inst 'your and prospects
of a better demand. Knglmh crop
reports are moro or leas unsatis
factory, advices coming from that
ulilc indicating nn outturn of be
twecn .100, 0UU and 275,000. hund
redweight as against iibout 445,000
hundredweight produced last year.
Tho German crop will also be
abort of a yt-ar ago. Tho contln
ental production Is roughly estimat
ed at 400,000 hundredweight, com
pared with 500,000 hundredweight
in 1!)24. With less foreign hops
available the dealers do not think
I he new Import duty established
In Great llrllalan will have a det
errent effect on tho demand for
American hops and may. on the
oilier hand, bring about a higher
world h trice.
Moat of (be hovers of new Ore
gon hops to date has been in the
fug.ile market. Hetween 700 and
S00 bales have been taken on con
tract at 20 cents. The demand for
clusters has been limited. A little
business wa; done at 1 K -i cents
but sellers as a rule are holding
off In anticipation of better bids.
The Washing! or and California
markets are Inactive.
NEARING END OF
TEST OF WHEAT
Applications are coming In to
Charles It. Archcrd from various
sections for blocks of the hard
federation wheal seed grown ns an
experiment this year on the M.
L'llcr place on route 6. Tho re
sults with the seed there this year
were so gratifying that a demand
In springing up for a chance to got
hold of some of the first seed to
bo used for anything like general
distribution around here.
It Is the belief of Air. Archcrd.
from the returns had from the
first experiment, that the hard
federation promises to become the
spring wheat of the valley In time
and will virtually displace all other
types.
There Is still sonio of It left nnu
may be had on application, the
farmer to pay regular prices for
It, About 150 bushels were thresh
d out from the first expenmcm
nnd thin in being cut up Into 10
busbrl lots for distrihutlon to vari
ous dlstrtctRto that tho wheat may
be grown under varying conditions
make n thorough lest oi us use
fulness In the valley.
Washington. Aug. 20 fAPl
The sheep industry apparently Is
just approaching the end of a per
iod of high prices, the department
of agriculture declared In an out
look report on lambs and woo).
luilrly well sustained prices for
lambs for the remainder of the
year but possibly lower prices for
spring lambs in 102U are to be ex
pected, while the outlook for wool,
was added, In uncertain, with
lower prices probable, next year
unless an Increased demand develops.
"Should the number of breeding
ewes and lamb production be fur
ther increased as now s.eems like
ly, that would result in an tncreas
ed production of wool In this coun
try,' tho department continued.
Ihe recovery of wool prices from
the post-war depression Is stimu
lating foreign countries also to ln-
roase production. The Austral-
fan wool crop Is expected to be
larger than last year's and Increases
in the numbers of sheep In Eu
rope also Indicate larger wool clips
mere next spring.
"The prospective Increase In sup
ply. however, la so great as to
causo further marked decline In
prices unless there should bo a de
cline In tho demand for woolen
goods, a decline In the general
price level or a slump in business
activity.
"In addition hog prices will
probably swing downward and it
seems unlikely that beef prices
will be maintained at the high
level of this fall. Further, It seems
unlikely that industrial activity
will be continued Indefinitely nt
the present high levol. With the
general level of prices remaining
tho same, the still larger market
ing of, lambs, coupled with lower
prlccB of other meat animals would
result In a downward trend of lamb
prices beginning with the spring
of 1926 and throughout 1927."
Summarizing Die report the de
partment says:
"The shee;i Industry apparent
ly In just approaching the end of
a period of high prices.
"Further large Increases In
sheep priductinn will require buy
ing breeding ewes at fancy prices
or holding valuable stock off the
market. Tho probabilities are
against (his stock being relatively
as valuable In 1926 or 1927.
"As between sheep and beef
nnttlo, consideration should bo gfv
en to the possibility that beef
prices seem likely to tend down
ward. Present beef prices reflect
merely an unusual temporary sit
uation, prices during the next year
may be lower than nt presort but
with nn upward trend."
$1.06 to Jl.OtHi, then declined
fractionally and an hour after the
opening was a ahado below last
night's finish.
Oats started cent down to H
cent up, with September 40 to
40 and later held near the In
itial range. v
Provisions were firm.
The wheat finish was 1 cent
down, with September at 1.59H
to $1.59 and December at the
sumo figures, $1.5916 to $1.59.
At the close corn was 1 to 2
cents decline over yesterday's fin
ish with September at 1.03ft to
$1.04 & flhowinf; the greatest loss.
ETTER QUALITY
bananas So; apples $1.60 box;
ew potatoes $1.502.00: bunch
ed vegetables: beets 3c; carrots
lHc; turnips lc; local 40p80c;
onions, radishes 40c doz. bunches;
tomatoes 76c box; green benns 4c
lb.; lettuce, dry pack, crate $2.00
2.26 ; cucumbers, per doz. 25c;
Oregon celjry 80c doz.: old pota
toes l'ic; sacked vegetables: beets,
carrots, rutabagas and turnips 3c;
oniens 3c; plums 4c; home grown
cabbage 2 He; local cauliflower
$2.0C crate; fresh parsley 60c doz.;
casabos 4c; local peaches $1.60 8 j
1.75 a bushol peppers 8o lb.; fancy
dill 15c lb.; dill size cucumbers
3c; gherkins lb.; outdoor
lines $1.00; seedless grapes 4c lb.;
sweet corn 17c; new cocoanuts
$1.46 doz.; new Malaga grapes 10c;
garlic 16c lb.; new pickling onions
7 7 c.
CLOVER HARVEST ON;
RETURNS SATISFACTORY
Threshing of clover seed haB
Just Btartea in this section and it
Is too early yet to make any esti
mate on tho yield, although the
first returns are highly satisfac
tory and chances are good for an
excellent crop.
No prices have been fixed ns yet,
nevertheleps the outlook indicates
a high price for the seed this year.
The top market last year was 27
cents. The average price paid was
along 23 and 24 cents a pound. It
Is figured that a farmer getting a
yield of three or four bushels to
the acre can make good money on
clover seed at 20 cents a pound
under ordinary conditions.
LAST OF 1924 PRUNES SOLD
The lost of the 1924 prunes held
by Robert C. Paulus are -being
packed out at the Salem Fruit un
ion building, having been sold
some time since. About 40,000
pounds of 35-45n are being nck
ed to clean out his holdings. They
are being packed under the Almin
ko brand in 25 pound boxes.
L. T. Dick and L, M. Hum
CHINESE MEDICINE CO.
420 and 420 Stale St,
ilns wonderful Chinese reme
dies which will cure any human
ailment Including sldcache,
headache, stomach, kidney
trouble, male nnd female. If til
-oiiMilt us lit oucc. Delay Is
dangerous.
ICstobllHied 18 years In Sa
lem, Oregon.
phouo 283
Journal Want Ads Pay
Washington. Aug. 20 Edwin
Smith, market specialist of the de
partment of agriculture, returning
from Europe where he surveyed
marketing possibilities, declared
fresh frutt could be expanded n
the European market for American
American growers would produce
better quality in adequate quanti
ties and deliver the produce in bet
ter condition at reasonable prices.
Tho taste of the European for
fresh fruit is just as great as that
of the Americans, he declared, but
the lack of development of refrig
erated transportation makes fruit
available In Europe only a short
time compared with the United
States.
"Present Indications," he said,
"are that Europe will absorb as
many American nnd Canadian ap
plei this year as last, although the
English apple crop Is better than
last year.
"A heavy crop ot apples in Nova
Scotia will somewhat offset Vir
ginia's shortage while in boxed
apples Hrltish Columbia's reduced
crop will ease up on the compel!
tlon of the Pacific coast states.
"One of the topics of conversa
tion among members of the fruit
trade of Great If r) tain relates
the tremendous strides made dur
ing the past years by grapefruit
In the British Isles. It Jumped
from one of the rare exotic fruits
seen only in large centers to a reg
ular article of trade.
"We've American producers to get
behind with it with a continued
educational program, in seems cer
tain that grapefruit might be ab
sorbed In European markets In
large quantities."
HELD SUCCESS WHEAT AND CORN
CENT
E
Chicago, Aug. 20 Wheat
higher with September at $1.61
to $1.61 n"d December at $1.60 ft
to $1.61 but later receded some
what, sit hough remaining above
last nltrht's close.
Corn opened higher at a shade
lo cent up. with September nt
Salem Markets
Com piled from reports ol Sa
lem dealers for (lie guldnncs
of Capital Journal readers.
(Hevlsed dally.)
Wholesale rriccs
Grain: No. 1 white wheat $1.44;
No. 1 red wheat $1.41 (sacked).
Meat: Top hogs 15c; sows
$9.50(10.60; dressed hogs 19c; top
steers Cc; cows $2.505.00; bulls
34()4e; Bprlng lambs, 80 lbs. and
under 9T9c; heavier 8Hc; veal
7(l7c; dressed veal 16c.
Poultry: Springers 16 22c; light
hens 16c; heavy liens 2022c;
old roosters dr.
Butterfat 62c; creamery butter
r3c; eggs 2fic; standards 28c; se
lects 30c; milk $2.30 cwt.
Vegetables and fruits; Canta
loupes $1.35; watermelons,
$2.00; oranges $7. 75 8.76
lemons $8.00; grapefruit $9.00
S SATURDAY H
IS THE DAY l
(Getting Itwuly) (f
eDeseitFIower1
Medford. Or., Aug. 20 Accord
ing to Guv Connor, local repre
sei'iituttvo of Simons Shuttleworth
md Trench, fruit brokers, tho first
successful shipment nnd sale of
Medford pears In Europe was
made yesterday when a car of Hart
letts from tho II. Vnnlloevenberg
raiu'h was sold In Houthampton
for twenty shillings per box, net
ting tho grower about $1.84 per
box for the nnkeci mm. iorai ap
ples have been marketed success
fully before In Europe, says Mr.
;onnor, but never pears.
Notice of a decrease In capital
from $75,000 to $10,000 was filed
by lh Penree-Ia1rd Hotel com
pany of Ilandon.
n THURSDAY
FRIDAY
OREGON
A Most
Convenient
Means of
Saving
With
JACK
PICK FORI)
The Money
Barrel
which we furnish without cost
lo our savings depositors is a
convenient means of saving
money for deposit.
Get one today
begin putting in coins you can
spare, you will be surprised to
see how much you have when
you bring it to the bank.
First National Bank
Salem, Oregon
OUR
676-STORE
BUYING
POWER
SAVES YOU
MONEY
Jura
RATION-WIDE
INSTITUTION"
ney
Co.
NC.
WHERE
SAVINGS
ARE
GREATEST
THRUOUT
HEW. EA
AT EC
DEPARTMENT STORES the year
160 North Liberty Street, Salem, Oregon
ONOHICAL P
This Wav for Winter Coats !
Style and Value at This Store
The all satisfactory Winter Coat I One
which is overwhelmingly stylish, one which
will give serviceable wear, and one which
is moderate in price! That Coat awaits you
in this Store.
Our shipments of Winter Coats are ready
for your survey. They are fresh from the
fashion centers of New York.
Generously Trimmed
With Effective Fur
Fur, furl It is everywhere used in pro
fusion. For Winter, what is more stun
ning? These coats are fashioned of
bolivias and smooth finish fabrics such as
suede cloths and velours.
At each of these economy prices, there
is splendid value. See our selection of fine
new coats ranging in price from
$16.75 to $32.50
v V
Modish Fall Hats Appear!
AH the Deligthful Styles Are Here
Woman's crowning glory
her new Fall Hat! And now
is the time to buy yours. Our
new styles have arrived. They
ore as varied as they are smart
In large and small shapes, in
a rainbow of colors, and with
endlessly different trimmings.
New Colors!
Rich and becom
ing are the new
Shades, the purples,
jvine, wood browns,
snd greeni. And our
hats are splendid
values at every
price, Theie range
from
$3.98
to
$8.90
r'acts, Not i id ion,
Should Guide You I
Fact 1 The 40 Buyers of
this Nation-Wide Institu
tion, being constantly in the
country's largest markets,
assure the latest of worth
while goods. Little escapes
them 1
FacV 2 Buying for our
676 Stores, they get every
conceivable advantage.
Fact 3 Their huge or
ders assure standard quality
merchandise at the lowest
possible cost.
Fact 4 Because of this
Immense buying power, this
Store is able to pass these
advantages along to you.
Fact 6 That these ad
vantages are real and that
they are passed along to the
public, you can easily deter
mine by making Quality and
Trice comparisons where you
will.
Let these facts guide you
Silk Hose
A Teeming Value!
Value just speaks from
these hose. Seamless,
pure silk. They wear
faithfully. Try them I
98c
rue for Black Satin
In This Slipper
Returning popularity of
the Spanish heel li crtrc
tlrely emphasised in thii
clastic model, developed
In black satin; all-leather
onttruetloni new
tltched design. Low
priced at
Vo
Refinement and Value
In This Black Kid Pump for Women
Excellent quality all
leather in soft, pliable
black kid; one-strap ef
fect and covered military
heel; plain toe. A pump
of exceptional value at
Ihe low price of
Oregon
$5.90 $4.98