PAGE EIGHT
THE CAPITAL JOURNAL, SALEM, OREGON
SATURDAY, OCTOBER 17, 1925
STOCK MARKET IN TUMULT; COLLAPSE FOLLOWS RISE
SWEEP UPWARD
10
Now York, Oct. 17 AP)
Stock prioea collapsed 2
points with fltnrtling suddcnncsH
after fwi opening rally ot 1 to 7
pointa in today's market with total
Bales calculated by the Associated
Prom at 1,482,000 nharcs, the high
est half-holiday session since Aug
ust 18, 1906, when the volume
reached the record-breaking total
of 1,500,000. Other private esti
mated placed the total diiy'a busi
ness aa high uh 1,730,000 oharefl,
or at the rate of over 4,000,000
eharew for a full five hour session.
New York, Oct. l't (AP) Riot
ous speculation broke forth In to
day's stock market, quoted values
being carried up 1 to 7 points in
the first frenzied outburst of buy
ing and then collapsing 2 to 15
points under an avalanche of sell
Ing orders. Total sales approxi
mated 1,600,000 shares for the two
hour session, the heaviest volume
of any Haturdny In the last 20 years
The official ticker was still grind
Ing out quotations at 12:30 o'clock
half and hour after the market
closed.
bluestcin, baart 11.43: soft whit
$1.49: western white $1.40; hard
winter, northern spring $1.35; west
ern red $1.35. Today's car receipts
wheat 21, flour 5, corn 2, oate 2,
hay 4.
BUTTER AND EGGS
Portland, Oct. 17 Eggs, curren
receipts 39 A 41c; fresh medium
39&39 ic; fresh standards firsts
43 43 14 c: fresh standard extras
4Sfi48'Ac.
Portland, Oct. 17 Butter firm
extra cubes, city C3o; standards
510) prime firsts 61 He; firsts
47 c; undorgrades nominal; prints
55c: cartons 5flc; butterfat firm.
Milk firm.) best churning
cream E2c net shippers' track in
zone 1; raw milk (4 per cent)
$2.65 cut., t. o. b. Portland.
POClTRY
Portland, Or., Oct. 17 Poultry
easier; less 6 per cent commission;
heavy hens 2727'Ac; light 16c;
springs 2324c; young white ducks
ZJw 2bci tui'Kcys, dressed 30 w) 3 ec.
ONIONS AND POTATOES
Portland, -Or., Oct. 17 Potatoes
firm; new $1.7G1.85; onions
$1.501.C0.
New York, Oct. 17 (AP) The
floodgates of speculation stagger
ing under the load of swollen
st reams of buying orders, pouring
from all sections of the country,
burst upon the floor of the New
York stock exchange today and
swept prices upward In one of the
wildest sessions witnessed in recent
years. The deluge reached its ninxi
mum Intensity In the motor stocks
which were whirled upward 1 to
T points on sales running Into the
Hundreds of thousands of shnrrw,
Total transactions of all stock in
the first hour probably ran over
700,000 shares, with the offlr-ki
ticker at least eight minutes be
hind the market.
Portland, Oct. 17 Locnl citam
ery men announced an advance of
two cents in the price of print ef
fective Monday. The new quota
tion will be 67 cents on prints and
68 ccntA for cartons. No change
wae n rtde In the buying price of
butterfat but country bids are now
up to 65 cents f. o. b. shippers'
track.
NUTS, HOPS AND CASCARA
Portland, Oct. 17 Nuts steady
walnuts, No. 1 28(fl31c; filberts
nominal; almonds 28g'32c.
Hops quiet; new crop clusters
22Hfc23c; fuggles 27c.
Cascara bark quiet. Nominal at
G7c lb.; Oregon grape root nom
inal.
35 TO 37 CENTS IS
L
E
Portland, Oct. 17 The tone of
the wool market is better than It
was last week, which Is encourng
ing to the growers who are still
holding their spring clips here.
There are a few inquiries on the
market with buyers indicating 3.r
to 37 cents for good Oregon wool.
but this tloes not agree with the
views of sheepmen, who are hoping
for prices of 40 cents or better.
Recent sales in Utah at 42 to 44
cents have naturally had a
strengthening Influence on sellei'H
a reflecting the Improvement In
the foreign and eastern markets.
Dealers believe that next month
will see a selling movement by
growers who have borrowed on
their clips.
The condition of the Hcmton mar
ket yesterday was reported In the
dally government bulletin as fol
lows: "Actual transactions on the
wool market Include n fair amount
of flno wools. Demand, however.
still centers on medium stocks,
choice, fine combing territory wools
ro selling up to $1.30. clean.
I''ronch ciimhing has moved at ful
ly $1.26 and hillf-blood Is up to
$1.20. Australian 64s and 70
super wool have sold at $1.07 ft
1.10, clean, tn bond.
Portland, Or., Oct. 17 Unusual
strength was shown In the local
egg market during the past week
tn both frih and storage stocks.
The market h-'is era dually worked
Upward elo.slilg today at 64 cents on
fresh extras, a new tup for this sea
on. A week ago extras cloned al
61 cents, showing an nctual K-''n
on the top grades of three cents
for the week.
Firsts elided today at 49 cents,
an advance of 2 cents overnight
and n gain of 4 cents over a week
agti. Pullets Inst n cent In the clos
ing session of the exrhnngc but
still show a gain of three rent
over n week ago. Currant reeslpts
clnttfri nt 42 cents, a gain of 2
cents since Inft Kilurday.
Strength In the local market In
contributed to the export of t
oge stoeks to ICnglaml as well as
the general upward trend In out
side markets, l-'resh arrivals have
been only moderate this week and
buyers are ndverilslng In the coun
try for additional supplies.
Hotter quotations were unchnng
ert on the local dairy board for the
day but the market Is firm. Cube;
averaged 1 to 1 Vfc cents higher than
a week ao on the- exchange.
Country dressed meats have dis
played o sluggish tone along the
street during the p;int week, clos
ing easier on both hogs and veal.
Rttyers were not very keen at any
time and only bargains or cxt rn
fancy animals would Interest litem.
Choice Itcht veal elosrd slow at 1 U
cents and choice light hug at IS
cents.
An easier tone tn live poultry
was also shown during the week.
Receipts were sufficient for all re
quirements and the demand wos
only nominal and hardly noticeable
tt time
Livics-rocii
Portland, Oct, H-CnttlB unsteady
receipts none; calves none; steers
$6.76 it 8.00; common $6.60 (f 6.76;
can tiers and cutters $4.OO4j6.R0:
heifers, common and medium $4. OH
ftfti.uo; cows, common, medium
$3.2f( 6.2ft; Dinners and cutters
$1.60413 25; bulls, good (best yearl
Ingg excluded $4,0065.00; com
mon to medium ennners anil bolog
nas $3.004i' 4.00; calves, medium to
choice, milk feds excluded $7.00W
.00; oull and common $4 606i
7.00; vealets, medium to choice
$10 00 di 12.00; cull and common
$6.00 (fi 1 0.00.
Hogs steady; receipts none;
heavyweight 2.10 to 8!ti) Ihs.t
medium, good and choice $ 1 2 f.o
if 1 3.26; medio in weight (20 0 tit
360 llwt.) medium, good and choice
$12.7641 13.76; lightweight ( K.O to
S00 lbs.) common, medium, good
and Choice $13. 0U4i 13.26; light
lights (130 tn 160 lbs.) common
medium good and choice $i2.6(Mr
13.00; packing hogs $1)6012.00;
laughter pig (130 lbs. down)
medium, good and choice $i2 60r
IS. 50? feeder and stocker pigs (70
to 130 lbs.) medium, good and
tholctf $12,006)12.60. (Hurt or oily
hogs and roasting pigs xcludcd
In abova quotations.)
Sheep steady; receipts none;
lambs, good and choice (Mt.
Adams) $l2.00i13.00; lambs, me
llum to good (valley) 111.000 13.00
heavyweight (92 pounds up)
$9. 00 f 11.60; all weights, cull and
common $9.00 t 0.00; yearling
wether, medium to choice $8.00
10.76; ewes, common to choice
$4.009.00; canner and cull $1.60
O4.00.
PORTLAND OHAIW
Portland, Oct. 17 Wheat: hard
hiie. ii. IS. ii. SI. 48: naid while, I
Senile, Wash. The Holland
American felghter ICemdyk. whin
grounded in thy fog off Hcntiuck
island tn In no danger of foun.lev-
inrc, It was reported in radio min
tages rocoived here. Tito vensel
ha six feet of water In her f:tr
ward hold
in nil-: coimv roritT
of Mm Mate of Oregon, for .Minion
Con illy
In the matter of the estate of
Flora Mcljourt. deceased. Notice of
Sale.
Notice Is hereby given that pur
suant to an order of the county
court of Marion county, Oregon,
hearing date of October 9, 92,
the undersigned administratrix
will sell nt private sale, at the law
ofHce of Ouy O. Hinlth, at 4113
Salem Hank of Commerce build
ing In Salem, Oregon, on and after
tho loth day of November. 1926.
an undivided one-ninth luteresi.
Huhleet (o the life estate of Aman
da King, of the following describ
ed real property, towlt:
Hegtnnlng at the north west
corner of John I,. lOoff's donation
land claim, in towiiHhlp 7 south
range 2 west of Willamette Merid
ian, Marlon county, Oregon ;
running thence south 79 chains to
the south west coiner of said John
L. Koff's land claim; thenco east
81 rods to set post; thence norllt
79 chains to set post; thence worn
81 rods to tho place of beginning.
Save and except from the above
ueecrltieil premises Z: acres, more
or less, deeded to Klljn Adklnson.
as shown by deed recorded In
volume 12. page 3, Marlon county
deed records.
Also, save and except from th.
above described premises those
certain premise deeded to the
Oregon A California ltailroad com
pany. as shown by deed recorded
In volume 1 26. page 406. deed
records of Marlon county. Oregon.
The terms of said sale shall be
at least fifty per centum of the
purchase price In cash and the
bain nee of said purchase price e-
cured by a first mortgage upon
the real property above described.
Said sale shall be made subject to
confirmation of the above entitled
court.
Ml XXI 13 lU'MIUtltRYfl.
Administratrix of the estate of
Flora Mei'ourt, deceased.
I
ORCHARD TRACT
Society
(Continued from Page Five.)
In a decree by Judge Kelly In
circuit court two mortgagee amount
Ing to $23,000 against the Eden
Orchards company and the Sunny-
brook Prune & Walnut corpora
tion are foreclosed, the mortgages
being secured by 101 acres of land
south of the city.
Under the decree when the lands
nre sold the proceeds In the first
and second place are to go to cover
costs and disbursements; In the
third and fourth place to take care
of tax liens. In the fifth place to
cover a mortgage for $14,000 heM
by Ada E. Jory, plaintiff In the
case, and In the sixth place to cov-
a $210 mortgage also held by
her. In the seventh place the
money Is to be used to cover a
mortgage for $9000 held by the
United States National bank and
lastly, If there is any balance, It Is
to go to tho defendants.
While the matter was argued In
court there was no dispute about
tho mortgages, the only question
being who was to be reimbursed
regard to payment of taxes.
Salem Markets
l'oin piled from reports of Sa
lem dealers for Mie guidance
of Otipltal Journal readers.
(lUivised dally.)
Wnoicsnif fiices
Grain: No. l white wheat $1.30;
No. 1 red wheat $1.23 (sacked);
oats 48c bu.; hay. oat and vetch
$lfl ton.
Meat: Top hogs 13 Vic: sown
lO'ic; dressed hogs 17c; top steers
6c; cows 12. 60505. 00; bulls
3tf3c; spring lambs 80 lbs. and
under 12 He; heavier 10&10c;
dressed veal 16c.
oultry: Springers 1822o; light
hens Hft15c; heavy hens 20 21c
old roosters 9 10c.
Butterfat 64c; creamery butter
Sc; eggs 35c; standards 40c; se
eds 43c; milk $2.44 cwt.
Vegetables and fruits; Canta
loupes $1.25 2.25; watermelons,
hc; oranges $10.50: lemons
$11.50; grapefruit $8.50; bananas
9 '4o; apples $l.b032.50 box;
new potatoes $2.50; sacked vege
tables: beeta 3c; carrots lc; tur
nips 2 He; local 40 ifl 80c; onions
adlshes 40c doc. bunches; toma-
76c bushel; green beans 0c;
Oregon celery 80c doz.; home
grown cabbage 2c; local cauli
flower $11.40 do2.; fresh parsley
G0c dor.; peppers 6 10c lb.; fancy
dill 15o lb.; dill size cucumbers
4c; gherkins 7 He lb.: outdoor
lines $1.60 carton; aoedless grapcsi
lb.; sweet corn 1 2 Ac; new
Malaga grnpes 7c; garlic 20c lb.;
now pickling onions 7 7c;
nlons 2c; le'.tuco $2.25 crate;
$3.50 Iced; sweet potatoes 6 Vi c
b.; cranberries Itc.
professionals from Salem.
Mi6 Lucille Ross, organist who
fipent the last two years la Chi
cago will play eome of her most
effective numbers. Miss Dorothy
Pearce, pianist who haa recently
returned from tho eaat after
fitudylng with the maetcre will be
heard In several numbers. Mary
Talmadge Headrick, viollniet
whose professional work ta well
known In Salem will give two
groups. R. D. Barton, baritone,
will sing a group of songe.
The proceeds of this concert
will go towards the new church
building fund.
Mrs. Walter Spauldlng and
small daughter Leone, were the
guests in Portland for several
days this week of Mr. and Mrs.
Paul Stevens.
Mrs. A. T. Wootpert was hoet
e at a meeting of chapter O of
the P. E. O. sisterhood In her
home on Wednesday. The annual
B. I. L. party will be given at
Hallowe'en time.
m
Mr. and Mrs. Fritz Slade and
Mr. and Mrs. Asahel Bush motor
ed to Portland last night where
they were the honor guests at a
dinner at which Mr. and Mrs.
Berwick Wood were hosts.
Mr. and Mrs. W. B. Burns and
small daughter, Ann Keed, are
spending the week end on a mo
tor trip to southern Oregon.
Mrs. Herbert Roome spent
several days of this week In Eu
gene where she was the house
guest of her mother, Mrs. A, W.
Sims.
The first meeting of the new
club year of the Friday bridge
luncheon club was held recently
at the home of Mrs. Elmer Daue.
Mrs. 0. A. Olson assisted Mrs.
Dane.
Mrs. Paul Wallace was hostess
at an attractive luncheon in her
home today complimenting Miss
Mary Jane Albert whose marriage
to Asel Eoff will take place next
Wednesday.
Cosmos in orchid shades and
orchid candles in crystal holders
centered the table with covers
laid for Miss Albert, Mrs. Fred
erick Deckabach, Mrs. Lewis Grif
fith, Miss Dorothy Patterson, Mlse
Margaret Rodgers and the hostess
Mrs. Wallace.
Plane are being made by Mies
Helen Rodolf who has opened a
studio here where she teaches
Russian ballet and ballroom danc
ing, for a large program and ex
hibition to be given early In tho
winter. Miss Rodolf recently
studied with Theodor Kosloft and
last winter worked with Adolph
Hohm. On Mondays and Tuesdays
MIps Rodolf haa a number of
clsBfies In Mcdford.
The first meeting of the new
club year of the Friday bridge
luncheon club waa held recently
at the home of Mrs. Elmer Daue.
Mrs. 0. A. Olson assisted Mrs.
Daue.
Marigolds and nasturtiums
were used in profusion about the
rooms and as a centerpiece on the
luncheon table where covers were
laid for Mrs. Earl Fisher, a spe
cial guest, and the following club
members: Mrs. F. G. Delano, Mrs.
P. E. Fullerton, Mrs. Leon W.
Gleason, Mrs. A. A. Guoffroy, Mrs.
E. A. Kurtz. Mrs. O. A. Olson,
Mrs. U. Scott Page, Mrs. Clare A.
Vihbert, Mrs. Harley White, Mrs.
David Wright and the hostess,
Mrs. Daue.
High bridge honors for the day
were won by Mrs. Leon W. Glea
son. Mrs. Delano will entertain
the club in her home on Friday of
next week.
Dr. and Mrs. Charles H. Rob
ertson will have as their house
guests over the week end their
son and daughter, Mr. and Mrs.
Charles G. Robertson of Portland,
and Mrs. Robertson's parents.
Mr. and Mrs. E. C. A p person of
McMinnville.
Mrs. Edwin Armstrong was
hostess at a delightful meeting of
the Nevas bridge club in her home
on Thursday. A color plan of yel
low and green was carried out In
the dining room ot the Armstrong
home where luncheon was eerved
at one o'clock. Marigolds were
used about the rooms.
Special guests were Mrs. George
Nelson, Mrs. Earl Paulsen and
Mrs. Reed Rowland. Members of
the club are Mrs. William Gosser,
Mrs. E. C. Purvine, Mrs. Law
rence Imlah, Mrs. Otto Hoppea,
Mrs. Carl Armstrong and Mrs.
Edwin Armstrong.
High bridge honors were won
by Mrs. Laurence Imlah with the
consolation award going to Mrs.
Purvine. Mrs. Carl Armstrong
will be next hostess.
Mr. and Mrs. John Goltra were
the guests of Mr. and Mrs. J. G.
Hall in Albany early this week.
Miss Olga Conforne who was
the house guest for several week;
of Mr. and Mrs. Peter Johnson at
their farm home southeast of
town, left this week for her home
in Chicago. She plane to return
shortly with her mother to make
her home in Salem.
Mr. and Mrs. R. E. Downing
have returned from a week's fish
ing trip at Neskowin.
mm
Merrymakers club members
were the guests of Mre. I. Person
on Wednesday afternoon. Deep
red chrysanthemums were used in
baskets about the rooms.
Members of the club who were
guests of Mrs. Persons were Mrs.
Joseph Botts, Mre. William Butte.
Mrs. Chris Butte, Mrs. Ray Smith,
Mrs. Laurence Bach, Mrs. Fred
Peterson, Mrs. Harvey Peterson.
Mrs. George Fellers and Mrs. C.
T. Moffitt.
Mrs. Fred Peterson will enter
tain the club In two weeks.
Mrs. W. Al Jones and Mies Ma
ble Creighton are spending ten
days In Wallowa county. They mo
tored up.
Mr. and Mrs. Milton Meyers
have returned from a stay of
several weeks at their summer
home at Neskowin.
Hotel Marion
SUNDAY. OCTOBER 18, 1925 TABLE DE HOTE
Blue Point Oysters on Half Shell
Potage nla Imperial Consomme Princess
Crisp Celery Heart Mixed Olives
Young Radishes
Tuna Fish ala Newburg en Calse
Shoe String Potatoes
Choice of:
Larded Tenderloin of Beef ala Chlpolata
Roast Mllkfed Chicken, Fine Herbea Dressing
Roost Leg of Lamb, Mint en Aspic
Baked Sweet Potato Cauliflower Au Oratln
Salade Crevette
Frozen Dixie Cup and Nabisco Wafer
Apple Pie, Cheese Huckleberry Pie
Fresh Pumpkin Pie, Whipped Cream
Demi Tasse
$1.25 per plate
6:45-8 p. m.
VAUDEVILLE
.RICHARDS
una
jS itokfe nut std I
amity mtss
THE
CHAPMAN S
Musical
SHECKB
MmMS
Dop, Pony end
I MATTHEWS
TRIO
Sonets iStem
SAHC1HS
I ROCKXTS-"
1 iheirptp or
I Hurricane
.Hi
anthnio Moreno
HELENE CHA0WICK
'ML
BLIGH THEATRE - SUNDAY
SUNDAY AND MONDAY
THE GtfATEST IOVEST0RYJNM WRlJSmOS
WILLIAM FOX" i34& I
presents f. ffl ( 1 ' I
nmmiitattiANOrWe
MRS. HENRY WOO-
SCfWWIO BY
IE N ORE J. COFFEE
DMUND LOVE -ALMA RUBENS-LOU TELLEGEN
RANK KEENAN-MARJORIE DAW" BELLE BENNET7
E5LIE FENTON- PAUL PANZER-LYDIA KNOT1
:R1C MAYNE- MARTHA MATTOX - HARRY 5EYM0UF
EMMETT FLYIMN production
Robert THRILLS GALORE Adults 35c
nt the Con
sole Kimball
Organ
Children
10c
1
Today Only
BUCK
JONES
-In-
"The Timber
Wolf"
Thrills Galore
Comedy Variety
Heilig
Trices 25c nnd 35c
Opal Ranges
Opal Heaters
Autona Circulators
Heatrolas
DeLuxe
Spring
Sealy Mattress
Hamilton
Beach Sweeper
DeLite Elec
tric Washer
1 s&m
Overstuffed Bed-Davenports
If ever values talked they do now. Everybody,
agrees that it is important to have a comfortable
davenport; also a comfortable bed.
Here it is all in one article. Priced within the
reach of all.
Now is your chance the golden opportunity to
buy a value far exceeding any we've ever offered
before. Upholstered in the very, best Velour
coverings
Priced As Low As $98
The
Genuine
"Sealy"
Tuftless
Mattress
Luxuriously Comfort
able Economical,
Priced to sell at
$50
Phenomenal
Offer
This Dining Table and Six Chairs, one arm chair
and six side chairs; follow closely a period motif
now highly popular, shown in the Walnut finish
wiith leather covered seats in chairs; beautifully
made.
Specially Priced at
1
$74.25
i
HAMILTON FURNITURE CO. court st