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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Aug. 6, 1929)
PAGE TEN THE CAPITAL JOURNAL. SALEM. OREGON TUESDAY. AUGUST 6, 1929 COUNTRY CUBES MAKE TROUBLE IN DAIRY TRADE Portland, Ore. (U Condition of the butter trade Tuesday Is such as to cause considerable confusion and loss to country operators. Naming of prices on country - cubes by a couple of local makers who refuse to purchase the coun try stock at the prices named Is causing adverse comment here. Plans for the opening of a Port- land headquarters of the country creameries are well under way. It Is hoped by the establishment of such a place to establish and stabi lize the trade In country cubes which constitutes the bulk of the butter consumed In Portland. Market for cube butter continues to reflect more or less weakness here but leading operators In city cubes are making no change in their quotations on country cubes. Butter is held firm despite this. Oeneral conditions in the egg market appear steady. Receipts are showing little change as to vol ume but quality Is badly mixed. The movement out of storage is ' gaining. Owing to the cut-throat meth ods now in vogue in the dressed . poultry trade, killers are complain ing loudly of the lack of profit. Na- turally this has created more less slowness in live stuff, athough prices are well held. First carload of Idaho potatoes of the season are on the track here. The absence of large-sized local potatoes has caused the trade to send elsewhere for Its needs in this regard. Oeneral potato prices are steady. Tomato market Is badly overload ed, with quality more or less indif ferent. Trade In general is in a bad shape with much Junk now arriv ing from The Dalles which has ad ded to the weakness for good stuff. 8 ales at an extreme of 75 cents. With the Nchalem catch much curtailed, a shortage of fresh Chi nook salmon Is reported. Prices of fered on the bay are higher than other points because of the fight between Tillamook and Nehalem buyers. With Increased supplies from northwest points, the price of cant aloupes is being eased cil some what in the local trade. Sales of northwest jumbo erates are around 13.25 to $3.60 generally. Shipments are greatest from the Wapato sec tion. Small supplies from The Dalles territory. Peach plums are scarce and higher around $1.50 for 15 s. Peach prices weaker and lower In spots. I Country killed hogs easier and lower in spots with lower livestock. Veal of quality continued scarce with prices generally held around 32 cents lor tops. . Yellow corn easier at $1.25 $1.50 sack of six dozen ears. to MARKET QUOTATIONS PORTLAND LIVESTOCK PortUnd Or. Oh Cattle and calves quouoiy steady to weak; receipts, ami ou: calves is. Steers 1100-1300 lbs. all to $13.33; good S11.36 to S1235; medium 10 to ail: common 18.50 to 10: heller. good S10 to 10.76: common to me dium S7 to $10; cows, good 18.50 to common to meaium ae.2t to s. 50: low cutter S3 to S625: tood beef 7.75 to S3 50; cutter to medium 6 to B7.7S. uaivea. medium to choice 110 to $13.60; cull to common S7.50 to sio: veaiers. mint red. sood choice S13 to $14 50: medium ail to mm; cuu 10 common so to su. Hogs: Opening around 35c lower than Monday's best for killing class es; receipts 450 Including 80 drlve-lns. Heavyweight $10.60 to $12.50; medium $11.36 to $13.75; light weights $12.- ou 10 9i oo; pacsing sows, rougn and smooth $9 to $10; feeder and stocker pigs $11.50 to $13.60. (Soft or oily hogs and roasting pigs excluded In ivove quotations). Sheep and lambs: ouotably steady. Receipts - 260: Lambs 84 lb. aown, gooa to choice $10 to $13: med- turn $8.50 to $10: all weights, cull tn common $8 to $8.50; yearling wethers no ids. aown. medium to choice $8.60 to $9: ewes 120 lbs. flown, medium tn cnoice 4 10 mo iw-iao lbs., med ium to choice $3.50 to 55; all weight. EAST ENTRANCE TO ENGLEWOOD PARK PROVIDED The city council Monday night accepted from J. H. mold a deed to a 30-foot strip through Arnold's lot on 21st street for $400, which will afford an entrance from the east to Englewood park. An en trance on that side of the park has long been needed, and the accep tance of the deed was recommend ed by the park committee of the council and the city park board. A resolution Introduced by Pur vine was adopted, providing that no more "stop" or "slow" signs shall be erected In the city without au thority from the city council by ordinance. Acting on advice from City At torney Williams the council on motion of Alderman O'Hara, au thorized an expenditure up to $50 for the employment of an engineer to make a check of maps In prepar ation for the hearing August 21 on application o fthe Northwest Pow er company for authority to appro priate waters of the North Santiam river and Marlon lake. The hear ing will be before representatives of the federal power commission and will be held in the office of State Engineer Luper. Plans and specifications were adopted for the South 13th street culvert and City Recorder Poulsen was instructed to advertise for bids, which will be opened at the next meeting of the council. CATAPULTS CAR OVER 18 FEET OF WATER Herman, CftL OPV Inder Singh, ranch foreman, and his brother. Kartar, are alive today only because Inder waa able to catapult his car over ia reet or water in an Irriga tion canal near here and keep the machine right aide up. The broth ers were driving toward Fresno when Inder attempted to pass an oil truck as It neared a canal bridge. The 8ingh car was crowded off the road. Inder stepped on the throttle, the car roared up the In cline of the ditch bank and hurdled the water barrier. It landed on the opposite side with only one wheel tn the water. The driver was slight ly cut by the car's mirror, other wise no Injuries were reported and the car apparently undamaged. RUSSIA SHIPS MORS OIL Moscow VP The Russian Taphtha syndicate has published statistics showing that Soviet oil exports reached 1,500.000 tons dur ing the first half of the current fiscal year, ending April 1. This represents an Increase from 1.127, 000 tons tn the same period of the previous fiscal year. A radio receiver with loud speak ers In every classroom Is to be in stalled In the Beaumont, Tex, high school. Tour times m 10 years Alex Pe-j well, fanner of York. 8. C has! een lightning set fire to his bouse. PORTLAND ri;OIM CE Portland. Ore.. (UP) Butter: cube extras 44c; standards 43 Vic; prime firsts 42c; first 41c. Kggs: standard extras 36c: fresh standard firsts 34c; fresh medium ex tras aic; iresn meaium ursts 30c. Buttcriat: Direct snippers track price No. 1 grade 45 cents: No. a grade 40c; station prices. No. 1 44c; no. 2. 39C. Portland deliver? oncea. No. 1 butterfat 47c-48c; No. 2 43-44C pound. Milk: Buying price four percent $3 35 cental. Cheese: Selling price to retailers: Tillamook county triplets 29c; loaf 30c; Tillamook f ob. selling prices: Triplets 27c; loaf 28c. Live poultry: Heavy hens over 4 "4 pounds 25c to 20c: 3'4 to 4'i lbs- 21c to 22c; under 3' lbs. 20 to 21c; rouers. ugnt 10 aoc; coiorea 'Joe; old roosters lie; stags 10c: ducks 17c to 18c. Fresh fruits: Orantres. Vslenclas S3 to SB: eraoefrult. Cahiurnla fi tn Sfl - 50 case; limes five down case $2.50; bananas 7c lb.; lemons, Calif.. $12 to $12 50. Cucumbers: The Dalles 45-50c. Tomatoes: The Dalles 50 to 75c. Onions: Selllnsr mien tn rtjillm: Sets 8c to 9c lb.; California wax $r.75. Walla Walla globe $1.75. Fresh vegetables: Soiling prices: Lettuce local $1.25 to $1.50 crate; Se attle iced $3.25 to $3.50; cabbage 2c to 21! cents pound; asparagus, Oregon. $1.75 dozen bunches: arti chokes 90c to $1.25 doz.; ureen beans 3 -5c; wax beans 10c; corn $1.25 to $1.50 crate of six dozen, , Norplant: l&c. cauliflower: Local $1.50. Watermelons: 3li to 3 14c lb. Apricots: Culiforn.a IS lbs. ai to $1.25; The Dalles $1.50; Wena tehee WUC lO HOC. Raspberries: $2.75 to $3 crate. Blackcaps: $2 crate. Logunberrles: $1.65 crate. Kcd currants: $2.2S crate. Cherries: Oregon 8 to 10c lb.: aranes iuk; seem ens vJ.ou. Pears: Bartlett, $470. Table Potatoes: Yakima $2.25. $2.85 cwt- western OrcKuu. $1.50 to $2 sack; new potatoes 3o pound. Sweet Potatoes: southern $2.76 ner nam per. Apples: Yellow Transparent $2; New Yakima Oruvenstelns S3 .50 -$3.75. New California Qraveustclns $3.75 to $4. pcacnes: cam. si.so; me Danes uoc Oreen peas: The Dalles 8 -9c lb. Cantaloupes: Turlock. Jumbo $3.50' $3.75; standard $3.50; pony $3; flats $3. Honey dews: Flats $2.00; standards SJ.ou; (jasnoan c in Pears: Bartletts $3.75 to M per box. Country meats: Selling price to re tailers: Country kilted hoim. best but chers under 150 lbs., 17 to 17''?c; veal 75 to 90 lbs. 21 to 22c; lamDs, 15c to 20c; heavy mutton 120. PORTLAND KASTNIUK MMtKKT Fred V. Tooley of The Dalles had the first offering of cantaloupes for the season on the Eastslde market during the Tuesday session. The stock was packed In flats and of excellent size and quality. Priced nominally fl. 70 CO 9 A. Gluts In the tomato trade is com plete. Considerable off-quality stuff from The Dalles Is further wrecking the trade here, not only for the poor ones. Sales In general at a spread of 50c to $1 with little business above 00c. Corn was little changrd with the bulk of sales $1..0 to $1.76 sack for yellow and poo lor white. Potatoes were easier with sales round $2.25 to $2.75 sack. Strawberries were in small supply around $2.50; raspberries sold at the same price; blackberries $1.50 and lo gans $1.50 to $1.00. Cucumbers held generally 40 cents peach box. Shell beans were five cents with regular greens at 9 to 3 cents, lew iour cents. Cabbage market was steady around $1.75 crate. Radishes were scare at 35c aog. bunches. Peaches sold generally 85c to $1 box, a few small ones 75 cents. First 20-ounce pippin apples were offered at $1.50 box. Others sold $1.75. Asparagus sales were limited at $4 pyramid. Peas were In fair supply s- rotind 7 cent. Walla Walla onions were offered down to $1.25 sack for quality. The Dalles eggplant sold round $1.50 for flat crates. Garlic found a fair call at a dime a pound. Host lettuce sales were $1.26 crate. suDDllea setttna short. Marrow or Italian squash sold 40 to ouc jug. carrots, auc aoz. ouncnes; beets 25c, turnips 50 to 75c dozen. Spinach $1.50 to $1.75 orange box. Squash, summer 65o flat crates. Ap ricots. The Dalles 00c. Celery, dozen bunches Jumbos $1; medium 60 to 90 cents; hearts $1.49 to $1.50 dozen bunches. Pacific coast 1938 1$ to 23c; 1927, 15 U IOC. CHICAflO GBUIN Chicago UO Wheat futures: Sent. open $I.374 to IM to 3-8: high. 1.39; low close $1.31 0-8 to 7-8. Dec. open $1.45 to $1.46: ril.tr. $1.47 3-8; low $1.39 fc; close $1.39 7-8 to $i.4o. Marcn, open $i.ao to ; high $1.52; low $1.44: close $1.44 to M. May. open $153',; to A: high $1.55; low $1.47 7-8; close $1.47 7-8 to $l.'4. Cash Brain: Wheat. No. 4 hard SI 28 to Vi; No. 1 northern spring $130. Corn, No. 5 mixed 96c; No. 3 white 9Bc. Oat. No. 3 red 44c; No. 3 white 46'4c to V Bye. No. 3 $1.0914. Bar- icy, quotaoie range do to rac. Timo- tny nay $3.85 to $4.60. Clover seed. $16 to $23.50. Lard $11.90; ribs $13 25. dcjiib e.io. . . LIVERPOOL WHEAT Liverpool () Grain close: Oct. 108 l'iu ($1.47). Dee. 10S 5UD S1.51) March 108 8fcD ($1.55).- POttTI.A.SU UHKAT Portland. Ore. Uft Wheat futures! aepi open vi-zv nign S1.2V 7-6; low close $i5',. Dec., open $l-34'4: high $134; low $i.29; close S1.31H4. Mov. ooen $1.42: hlsh low i.m; ciose mijiv. Cash wheat: Bis Bend Blustm hard white $130; soft white, western wnue si.ao: nard winter, northern apriii-, western rea wii. isats: no. d, 3B-1D. wmte $34. Today's car recelnt: WhMt iao flour 6, corn 3, oats l, bay 3, CHICAGO LIVESTOCK. ChlCSUO (1 (U. S. I), if Hrwra 19.000. Slow. Steadv to lOc Inwrr- 160-220 lbs. $11.80 to $12; 10. butch 250-300 lbs. $10.40 So $11.40: 130-160 lbs. $10.90 to $12.10. Cattle: 6500. Calves 2000 Stearfv tn strong. Steers 1300-1500 lbs. $14 to 911, wou-iiuu ids. V13.5U to $16.90; fed yearlings 750-950 lbs. $13 to $16.- 25; vealers $13.50 to $16.35! atocker ana ieeaer steers li.su to $13, sneeo. m.uuo. Active. 10 to ase low. . Lambs $13.50 to $13.85: native "o k; io.ou; lat ewes so to so.M), Lambs 93 lbs. down $13 to $13 85; ewes, 150 lbs. down $4 75 to $6.75; feeder lambs $12.50 to $13.85. BAY MARKET Portland () Hay, buying prices: eastern Oregon timothy $21.60 to $22; Do., valley $18 to $19; alfalfa $18 to $19; clover $14 to $16; oat hay $16; straw $7 to $8; selling prices $2 mors. SAN FRANCISCO POULTRY San Francisco (Fed. State Mar ket Bureau). Hens, Leghorn i lbs., 23c; colored under $ lbs., 32c; 3 lbs and over 29c. Broilers, Leghorn 13-19 lbs., doren. 30c. Fryers 30 Ids. dos. and up 36-280. Roasters, 3H lh"-. and up 35 cents; Under 2 lbs. 26c; 3-3 lbs, 28-SOo. capons nominal. NUTS, HOP and WOOL Portland, Ore,. (UPl Nuts: Oregon walnuts 224 to 28c; California 30 to 27c; peanuts, raw 10c; Brazils new crop 23 to 34c; almonds 21 to 36140; filbert 18 to 30c; pecans 24 to 25c Hops: Nominal, 14 to 15c pound. Wool: IS28 crop, nominal. Willam ette valley 28 to 33c; eastern Oregon 18 to 37140, CASCAKA UARK Portland, Ore. vr cascara bark, steady. 7o to 8o per poumt. SAN FRANCISCO FRt IT San Francisco A1 (Fed. -Stat Market News service): Apples: Astra chans $ 76-$ 1.25 per lug; $1 50-12 box. Large. $2.50. Oravenstelns $2 50-$3 24. hiKs 3. -$2 25. Hed Junes, std. boxes, $3 50-$4. Lugs $2-$2M. Pears: Bartlett $2 85 to $3 25 pack ed box: fancy $3.85 to $4.75; No. 3. $3 to $2.50 box. HI 'TTKHFT San Francisco, v") Butterfat f.o.b. 50 Vs cents. nniF.D fri it. hops New York, (Evaporated apples, steady. Choice 13H to 14c; Fancy IS to 15c; Prunes, steady. California, 7c to 12c: Oregon lOSo to 15c: Ap ricot steady. Standard 14c to 15c; choice 15 14 to 19c; extra choice 31 to 24c; Peaches, steady. Standard 13c; choice 14c; extra chotct 144c. Ralalna steady. Loom muscatels 6 to 8c; choice to fancy seeded 6 to 6c; seedless 6 to B4o. Hops. Steadv. flute 1938, 33 to 47c; 1927. nominal. WOULD ABOLISH COMMITTEE ON CITY SEWERS The sewer committee which for years has been one of the standing committees of the city council is to be abolished, and in it place there will be a standing Incinera tor committee. At least a resolution for that purpore will be introduced at the next meeting of the city council. The motion to abolish the sewer committee was made Monday night by Alderman Purvine, who ex plained that the function of the sewer committee had been taken over by the city building Inspector, an office created under the new building code. The matter came up in connec tion with a report of the special Incinerator committee, headed by Alderman Vandevort, on the condi tion and management of the incin erator. The report claimed that the incinerator is not managed as effi ciently as It could be, that the manager Is under conflicting or ders from city officials and that tin enns token to the Incinerator could be disposed of to a greater degree than at present by the burn ing process. To make a thorough report on the condition the com mittee tated that the service" of an expert from the factory would be necessary. To remedy the- diffi culty in management the commit tee recommended that the Inciner ator be placed either under the city sanitary inspector or under an In spectbr created for that nurnose. ine committee criticised the ac cumulation of tin cans that are not put through the Dlant. but are being dumped nearby. The com mittee sarcastically suggested that the pile of cans is mounting so that it couia be utilized as a signal tow er for airplanes. "This novel bea con," said the report, "can be seen and smeiied from thousands of eel in the air." WHEAT PRICES CRASH 6 CENTS IN DATS TRADE Chicago (IP) Wheat prices went to the lower levels on the board of trade here Tuesday r.j commission house selling found a market with out any important bull sentiment because of drastic losses suffered at Wn J nip eg. Futures on the Canadian market were nearly six cents lower and re sulted In the uncovering of num erous itop loss orders at Chicago. At the close here future deliver ies of wheat were selling from six to 6 VI below Monday's final fig ures, the September at $1.31 5-8 and the May at $1.44tt. Late in the session here, future deliveries of wheat were selling from 4 '4 to 51-8 lower than the previous close. the September bringing 1.33'i and the May 11.49-7-8. Chicago (IP After a fairly strong mid-morning market wheat fell off sharply from heavy commission house selling, reports from Winni peg of serious weakness caused by good rains in Australia, made longs here sell out as fast as possible. Cora followed wheat in a drop after better prices had been estab llshed In the early part of the ses sion. Oats fell off slightly with the major grains At the close wheat was down 6 to 6 cent, corn waa 1 to 1 cent lower and oats was down lvi to it cent Hedging was the leading factor which pushed the market on wheat lower as the market opened lues- day but good buying before mid- session again Drougnt prices oacs: and above Monday's close. Reports from the west of extremely heavy sales of flour, and evidence of win- ter wheat movement being about over made the market decidedly more bullish than for days. Receiving houses in Kansas City advise that shipping of winter wheat was over. Cash was un changed and receipts were 326 cars. Kansas and Nebraska corn still has received no rain and there Is evidence of a long drouth. Reports are that some of the crops In that area arc firing and need rain very badly. Cash prices were unchanged to one cent higher. Receipts were 122 cars. The market on oats la tittle changed. There was some very good commission house buying be fore mid-season Tuesday which forced the price up. Cash unchanged to cent up. Receipts were 102 cars. PURVINE WANTS NARROW DRIVES GAS STATIONS purely economic and financial but of a highly political nature. "While the entire conference should result In a new world wide economic orientation," he said, "it also should result in a new collabor ation on a basis of equality, fratern ity and the fullest sovereignty of the nations which participated in the war." CROP OF RYE GRASS SEED TO BE SMALLER Salem Markets Compiled from reports of Salem dealers, for the guidance of Capital Journal readers. (Revised dally). Wheat: No. 1 white 81.18 bu.; red (sscked) 81.14; feed oats 48c; mill-1 Ins oats 45c; barley S29 to 831 per ton. Meat; Top hogs 912.36; sows TVc to 8c: bulla 7Uc to BUa: tnn mtmn 810 to 811; cows 5e to 7 He; cannere and cutters 2 to 3c; spring lambs 8 to 914c; old ewes 3 to 4c; dressed veai (top) aoc; dressed boss (top), 180. Poultry l.tjht to medium hens lfto to 19c: heavy hens 22 cents tier pound; broilers, lefhorna 20-2lc; col ored 22 -24c; stass 12c; old roosters 70. Ens: Pullets, 35c; standards 33c: Butterfat 46c; Print butter 46UjO to 47 Vic; cube extras 45 c; standard cubes 43 Ko. WHOLESALE PUIL'RC Presh fruit: Oranses 83 .AO to Sfl OS case: KraDefroit s&.7B-sa cm im. ona 913.00 case; limes 93 60 carton: iv m.-, cnniajoupea, S4.0O to Sfl .50; watermelons SSo lb.; apricots 1.15; Seedless grapes 83 hif. Presh vegetables! Tomatoes, hot house 83.35 to 8450 crate; 300 lb.; California 8300 per lug; The Dalles 81.75; cucumbers, hothouse 80c to 91 dos: The Dalles 91.35 box; peppers 25c lb: peas 8ie lb,; new potatoes 3c lb.; lettuce, local 92.50; Tacoma Iced 85.50' Lablsh celery 60c to 81 dos. bunches, 83.50 a crate; hearts 80c dos. cabbage 3c; green corn, sacks 8 dos. irs, wnue 91.30; yeiiow 81.78. Bunched vegetables: Turnlns. 4oc dozen; parsley 60s doren; carrots, 40c to BOo dew; beets. locals 40-AOo d onisus. oo to 8O0 dosL; radishes 40c aw. sacked vegetables: On tons, wall Walla 82.75; local Bermudas 80 lb. Potatoes 83, all classes; carrots. 80 lb. rutabagas S',0 lb.; garlic 300 lb. VtMOL MUIIAIM Wool, fin toe: medium Mr- 30c per lb. Lambs wool 83-27o. Moaaui urn 400 lb.; kid 60s, EXPORTS SHIFT . New York Europe' contin ues to take the bulk of American exports, but Canada, Latin America and Asia are lncreaslnc their Im portance as customers more rapid ly than Europe, The department of commerce has figures ahowntg that Europe In 1928 bought less than half th exports from the United 8tates compared with al most two-thtds before the) war. Tiny Keith, a 336-pound Ufa nard at an Indianapolis bathtnr pool, claims to have rescued 1,139 per sons from drowning. Several of Salem's brand new super-service stations may have to go through a lot 01 remodeling ana restore to the city the parking space that has beenuisurped by the stations that have appropriated from 100 to 300 feet of curbllne for driveway purposes. On motion of Alderman Purvine the city council Monday night In structed the city planning commis sion to get busy on the matter and see If tt can't work out a way to restore the curblines. Purvine fa forved leaving the super-service stations driveway room of possibly the width of two cars, but could see no reason why a third or half a block on two streets should be tak en away from the public. This question came up In con nection with a scrap over the old Issue of gasoline pumps on the curbllne. The Salem Automobile company petitioned the planning commission for authority to erect a pump and the planning commis sion turned It down. Alderman Thompson moved that the com pany's petition be granted, but the motion failed to carry. DEADLOCK IN PEACE PARLEY (Continued frpm page 1) tion of Chinese circles who (eared It meant Invasion ot China by outer Mongolian tribes. Russian Influ ence la dominant In outer Mongolia. Oeneral Yen Chung-Cham, chief of police In Shanghai, has been In formed of uprisings among the tribes of Inner Mongolia against the Kuomlntang. The headquarters staff of the nationalist in Inner Mongolia had fled. BRITAIN BALKS ON YOUNG PLAN (Continued from page 1) at th opening of the reparations conference and voiced appeals for good wui and fraternity. Artstide Brland, premier and foreign minis ter of France, responded to the wel come of Dutch Foreign Minister F. Beelaerts Van Biokland when the conference convened at 11:13 a. m. and was followed directly by Gus tavo StreBsmann, the British for eign minister of Germany. "We come here for the most diffi cult task," Brland said, -but 1 am certain that with good will, we can succeed and Is so doing we will serve not only the interests of the nations directly involved but hu manity as a whole. I am convinced that every nation now understands the lesson on interdependence of nations which the great war taught us, and when we leave The Hague I am sure we will have made one mora contribution towards peace. , 8tressmann sal dthe deliberations of the conference would not be " The rye ?rass crop in the valley, estimated this year by Harley O. White, who handles the bulk of the seed, at 12,000 acres, is very nearly harvested and threshed. Regardless of the fact that there is a 12,000 acre crop this year as compared to 10,000 acres last year, he expects only about 75 per cent of a seed crop as compared to last year. This falling off la due to the fact that there was considerable of winter kill, probably leaving only 65 per cent of a crop, or around 75 per cent of last year's crop. Word has been received here that the house finally provided for a cent a pound tariff on rye grass seed and half a cent on vetch seed. Both of these seeds are grown exclusively in Oregon in the United States so the tariff is a matter of much moment to farmers as, if the tariff stands. it will be a material aid in keeping the price up against the cheaper grown seeds from Europe, Oregon's only competitor in these commodi ties. However, White states that eas tern people are making a heavy light against the increase on vetch seed and he doesn't know whether the senate committee will stand up under tne pressure. SALMON PRICE SET 17 CENTS Astoria, Ore- (LP) Seventeen cents a pound for Chinook salmon of all sizes is the prevailing price established yesterday by all can neries here for the remainder of the present fishing season. Prices so far have been 21 cents for large and 18 and 17 cents for .tail fish. A drop In prices at this time of the year Is customary, as the qual ity or the salmon usually drops, but in past years the price always nas gone lower. The price changes were agreed upon by representatives of the packers and the fishermen's union. A price of 9 cents a pound for steel heads, with six cents for graylings and 10 cents for dressed sllversides, ocean caught, and 9 cents for round sllversides, ocean caught, also fixed. . The silverslde prices are being paid by most can neries and are for fish delivered direct to the cannery. These prices have resulted in a considerable , exodus of Newport trailers to Astoria, for the price there was cut even lower. Many of the 115 boats operating out of that port are now coming here to mar ket their catches. OIL PRODUCTION VP Tulsa, Okla., (IP) With total p'ro ductlon of 2,914,256 barrels nation al crude oil production increased 15,993 barrels last week, the Oil and Gas Journal reported today. Light oil Increase wai 8 J 76 bar rels. National production was 2, 469,655 barrels. Drawn by a gasoline motor, cars now carry passengers' baggage over a monorail connecting ocean liners with the dock at Hamburg, Qer-many. INSULL UTILITY STOCKS CRASH, CHICAGO BOARD hClcago (IP) Insult utility- In vestment stocks took a turn upward near the end of the market Tuesday afternoon and closed at H3 alter touching 92 during early trading. First sales are at 92 with one block of 60,000 shares changing hands at that price. Then the Is sue steadied and climbed to 11314 with a total turn over of 111, SQ shares in the day's trading. Monday when trading In the is sue was suspended for a time, the total sales were C7.2do. The ticker ran nine minutes be hind the market Tuesday, an un usual situation in the Chicago market. Total sales on the exchange for Tuesday were 524,000. Chicago (LP) Insull utility invest ment stocks crashed to further low levels on the Chicago stock ex change Tuesday with losses of 28 points during the first hour of trad ing. Sales at 92 were made as 50,000 shares changed hands, a loss of 68 points from Saturday's high figure, and there was no indication that the pool whose supposed profit-tak ing is producing the slump would witndraw oilers. Trading in the issue was suspend ed temporarily for a time Monday the pool operators, who bad worked Insull utility investment to meteoric heights kicked the props from under the entire Insull group and the market held all sellers and no buyers. The decline spread Tuesday to several other utility issues outside the insull range, Chicago corpora tion, an investment trust which is reported to have :ge blocks of insull investment, being the heaviest loser. PRICE OF SEVEN CENTS SURE ON STRAWBERRIES The gallop after berries which has been going on for some little time is probably the earliest in the history of the game. It started be fore the strawberry season was fairly well over and big blocks of Marshall strawberries have been picked up at 7 cents. The Lacombe pool of 250 acres which was to have sold last week is still holding out, the sale having been post poned to some time during the next week or 10 days. Reld, Murdock & Company, it is known, made an effort to buy the Wood burn pool not long since but the pool refused to enter Into a dicker at this time figuring It couldn't lose by turning down any present offers, at the same time seeing a chance of getting out with a better price by delaying the sale somewhat. There is no question, or hardly the shadow of one, that the straw berry situation Is all set for noth ing less than a 7 cent price for some time to come and by the same token a pretty fair chance that before the buying is over for next year's requirements that there might be something even better than that Nevertheless considerable quantities of Marshalls have been sold at 7 cents, which is a price! that will still yield profit to the growers. The situation of the last year or two, particularly as to the barreled market, sent ft shiver up the spine of many growers. While, berries were cleaned up this year. It has not been so long since tons and tons of them nave gone to waste on the vines. Reld. Murdock company Is another factor in the early buying. This company is virtually just entering the market, although It has one season here with its leased Wsst Sakm plant, but the coming year it will be In with ft big splash with the remodeling ol the Kings plant which will make it among the large canneries here. The company has to more or less maae its way into the field as ft new venture and from reports it Is not allowing any grass to grow under its leet in getting In. This activity has more or less stimulated the other buy era to get in and this stimulation has been accelerated by general conditions. With barreled strawberries Jump ing from 7 cents to 12 cents in less than a week, and indications that the frozen pack will be taken 'up in a hurry, as well as the certainty of a cleanup in all canned goods long before another season ap proaches, there is every reason for some early sparring on the part of buyers. URGE FARMED TO HOLD GRAIN TO AVERT GLUT With the biggest crop of wheat ever threshed In the valley Just in the offing and threshing Just well under way, Charles R. Archerd and Harley O. White, local seedmen, both issued warnings Tuesday to farmers that storage space in Salem is swamped and urged farmers In every case they can to hold their wheat at home. The wheat is com ing in so fast they say, that to swamp the storage might force the price down and that it is to the farmers' own interest to hold their wheat back in every Instance where theyliave any available space for storage on their farms. Archerd estimated Tuesday that there is not storage space in Salem for over 50 cars of wheat and he believes there Is every probability that there will be 300 cars to handle out of Salem when the threshing is over. The local seedmen have appealed to the Southern Pacific and Oregon Electric officials to help them where possible with storage. But word has come from Portland refusing to ac cept any more wheat for storage there, that they are plumb up and cash wheat cannot be moved fast enough, to relieve the situation at this time. Archerd figures if the farmers can hold the bulk of their wheat at home for 60 days so that the crop can be gradually moved out the strain will be taken off the situa tion and the wheat can be handled without a loss to the farmers by forcing prices down due to conges tion of storage facilities. While threshing Is only well start ed many farmers have been as tounded at the yields which the harvest is showing, returns coming In of 40 and 50 bushels to an acre on farms where no such yields were dreamed of. The grain crop on the Jim Nichols place several miles east of town on the penitentiary road, cut but not yet threshed, shows every indication of being a banner crop. In previous years Nichols has tak en as many as 60 bushels of wheat to the acre and from 90 to 100 bushels of oats from his place. The stand never looked better than this year. Nichols has 50 head of dairy cattle which he houses in a big modern bam. He sella his milk wholesale to a Salem distributor. He also has one of the show herds of Chester White and Poland China hofrs. STOCK MARKET SUFFERS BREAK THEN RECOVERS New York -OP) Mountains of bear news were gradually levelled off aa the stock exchange session progres sed Tuesday and the list leuwered swiftly after experiencing one of the worst setbacks In weeka. For a time prices were down 1 to 1 point In all sections and a few possibly extended beyond . thai point. Utilities, coppers, a few of the rails and the leading industrial were the first to rally. Their strength gave confidence to the vast trading public which was eager to buy stocks at the reduced levelj of the earlier reaction. Early selling was caused by stiff call money at 12 per cent, by preclpate break In Insull utility in vestments on the curb and Chica go exchanges, by fears of a rise in the English bank rate and by a break in wheat at Liverpool, Win nipeg. Chicago and other grain, centers of America. Call money factor was eliminated when tha rate declined to 10 per cent and finally to 8 per cent In the after noon. Insull utilities rallied sharp ly under strong support and that cause for alarm was taken away. On the Chicago market Insull waa down 28 point at one time and at 92 It was off 68 poults from the high reached Saturday. Chicago wheat broke precipitately near the close of the market and ended the day with net losses of 6 to 614 a bushel. LOGANBERRIES ARE HARVESTED, WOODBURN AREA Woodburn The Ray-Brown can nery discontinued receiving logan berries Saturday noon for the very good reason that there are no more logans to receive, the entire crop having been completely harvested. The crop is somewhat short "of last year's tonnage but the season is very satisfactory to the growers in spite of the slight shortage. Eight hundred thirty-nine thou sand pounds of logans were deliv ered by the Woodburn Fruit Grow ers' association at the cannery. which was the entire crop of the members and for which they re ceived five cents per pound. The total tonnage delivered by the as sociation brought this price of flvo cents with no docking or cutting in price. Delivery of evergreen blackber ries will begin about August 15 and fair crop is expected aithougn somewhat less than last year. A band program was broadcast recently from a concert in a London hall to a loud speaker In an unoc cupied band stnnd In a public park. Wheat, Grain Sacks, Oats Twine - Farmer's Grain Company PHONE 524 Bustec Bnovaii Shoe Store Usance Every Pair of Women's Pumps and Oxfords on SALE Exactly 2 pairs for the price of 1 pair Don't miss this greatest of Bargain-Giving Events Women's Dress Pumps Women's Arch Support Oxfords Women's Naturalizers, Pumps & Oxfords Women's Sport Oxfords & Pumps .Every Line, Every Style on Sale Every Style 2 pairs For the Price of E pair