SATURDAY, JANUARY 4. 1930
PAGE TEN
THE CAPITAL JOURNAL, SALEM. OREGON
BUTTER EQUALS
TEN YEAR LOW;
EGGS CUT CENT
Portland, (IP) For the second
time in the last ten years, butter
prices in Portland reached a level
of 35c per pound. In 1922 this
mark was reached during Janu
ary. Another reduction In butter
prices was made Saturday simul
taneously with a decline of 2c H
butterfat buying prices. Butter de
clined lc on cubes and prints.
There was further depression in
the price of eggs locally for the
week end. While nominal prices
are given by the poultry produ
cers, others are reported as of
fering at 1 to 2c less. In fact ac
cumulations here are heavy.
There are inadequate supplies of
live chickens in the local trade
and in a few Instances lc advance
over regular quotations is b?ing
offered for a hurry-up supply.
Supply and demand in the tur
key market are nominal at the
weekend. Late offerings appear
more or less dried up at the sourrc
with Just enough coming In to
take care of immediate needs.
Extreme scarcity of quality lambs
la noted In the country meat trade.
General quotations are not above
22c but the extreme top is being
eagerly offered. Veal is trifle firm
er but as yet prices are little
changed.
The market for country killed
beef is firmer with canners 8 and
10, cutters 11 and 12c, bulla 12
to 13c. The latter are especially
firmly priced. Hogs continue more
or less unsteady.
MELLON STANDS
PAT IN FACE OF
ATTACK BY DRYS
Washington OP) Secretary of
Treasury Mellon will stand by his
guns, backed by President Hoover,
In the face of the dry attack upon
him which will be renewed when
congress returns to work Monday.
Mellon has no Intention of re
signing. It can be said authorita
tively, despite revived demands from
congressional drys who have fired at
him continually In the last few
years.
After a Mineral discussion of the
prohibition controversy about the
cabinet table Friday, Mellon defend
ed the policies of his office. He
spoke with President Hoover s ap
proval. The slight, soft-voiced man who
still appears timid in a group, after
nine years in one of the most Im
portant cabinet paste, talked at
length and without the usual hesi
tation. He spoke voluntarily and his
statements appeared premeditated.
The administration policy will be
to press for legislation transferring
the enforcement agencies from the
treasury to the justice department,
thereby removing them from Mel
lon's control and likewise removing
one of the main complaints lodged
against the treasury head.
Mellon is favorable to this trans
fer, even Including the industrial al
cohl Jurisdiction to the Justice Jur
isdiction is opposed by officials In
the department.
Salem Markets
Compiled from reports ol Hlrm
di'alrra (or the RuUhiiicc of lupit
al Jouruul iciuleis. Ute vised Uuilyl
VhPRt: No. 1 white Sl.U; red
(sacked) 11. IB; feed oalo 47c; mill
ing oats bM; bnnry cJt per ton.
M ciila: Hoks: Top grades. 130
160 His. $10 i5; 100 to 220 lbs. 1.75;
2B0-2C0 lhs. S10; 26-3M) lbs. 1000;
sows. 7.&0 to S7.75; Cattle, tcp t?ra
atfuuy 'J Ml to $10, row, lb &u Ui
$7 50; culls find CutlriB IJ 50 to 9 -$0;
Shfi-p, fprlnft lambs $0; bucks $7.
Old vv.cu $:i to $4.
Calves: Vmlrrs, live aright 140-180
lbs $11; lieitvy and thin 7-fH.
Urt'hM'd nictti,: Top vml Itt cents;
No. 3 gnu! 14c; rough Ami heavy lilc
siul up; top hogs 120-150 lbs. 14c;
other itnulra inn down.
Poultry Light to medium hen
15-17r lb: hritvy liens 20 rtnts per
pound; broilers, springs 10-2UC; tUtis
12c. old tons tell 'iC.
Fugs: pullet s, 30c; fresh extras 35r;
ButterlHt tiftv; Prime butter 37c to
3Hc; cubes, extras 35c; tUmlurd cubes
34C.
iiui.i:s4i.f ruin:
Freh fruit: oransw, Nim-lrt, $6 to
$7 cuhp, lemons ti'J M); bnttunHs Be;
apples, XF Jonathans $2 75; luce -Ml
$1.50; Spltiwi.lM'rKS. Baldwins $l&0
box; Yellow Newtowns $1.75. Cran
berries $11 IiO box. Pea it t'J bu. Poine
pra titles ay .25; grapetrult, Texai a&.&Q
to $7; MorUIn, $7.50 case.
Fresh veKelRblrp: Tomatoes, hot
house $4 60 to $5.25: California $4 60
crate; cucumbers, hothmine l)0e to
1H5 dozen. Potstoes, Yaklum $2 50
to $3; lettuce. Sacramento $4 50; Im
perial valley $S 25. l-ablah celery
75; hearts $1.35 doz.; rabbage 2c:
green peppers 35c lb.: spinach $1 65
box: cMuliIlower. $1 to $1.35 rrate:
Artichokes. $1 50 doz. Brusscl sprouts
17c lb ; local $i 05 box.
Bunched vegetables: Down bunch
es: turnips 60c; parsley 60c; carrots
40 to ROc; beets, 40c; onion 40 to
but: radishes 40 to otf,
Hacked veuetables: Onions local $2:
emrruts $2; rutnbagaa $3: garlic 15c
lb: sweet potatoes cue id; tquasn,
Marble head aSc; Kubbsrd 3c: banana
3Wc; pumpkins 3c; turnips 3c; par
nips 3c.
wool., Mnimrt
Wool, fine aoc: metlium 33c: coarse.
80c per lb. Imb wool 27c; fall clip
87c. Mohair: (an cup. old sac: aia toe
7 DIE AS TRAIN
CRASHES INTO BUS
(Continued from puce 1)
Clrubb, Claude Repp. WUbur Orubb.
Wavne Lehman. Eugene Taylley,
Willis Baker, and Emll Timmlck,
students, all between 18 and 18.
The seriously Injured were Edith
Repp, Lolah Palley. Clraee Flory,
Emll Tlnlck. Charles pacaara, ana
Donald Lehman, students, and Jo
seph Baker. 60, bus driver.
A statement Issued by the Perm.
sylvan la railroad said the train
whistle was blown several tunes Be
fore the train reached the eross
lns and the bell was sounded. A
signal light was flashing at the
MARKET QUOTATIONS
PORTLAND MVFSTOCK
Port la na Jf, Receipts, hoses 320
Totals lor meek approximately: hogs
4jy7; cattle 17t5, calrea 115, sheep
Hoef. com ds red with week ago.
killing classes 26c to 60C higher. Part
of Monday s 75c to $1 advance lout
Tuesday and Thursday. Feeder pigs
50. nothing above an alter luesaay.
Over and under weights $11 down,
mostly $1075 down, heavies down to
$9. Packing aows, mostly $8 to $8 50.
Slaughter pigs mostly $10 25 to $10.50.
Feeders scarce, mostly $10.
Cattle, compared with week ago:
Steers steady to 25c higher: she stock
25c to 50c higher. Calves and vealers
$1 to $2 up. Lulls Steady. Good steers
mostly $ll to eii.au. rueaium grace
$9 to $10.75; commons down to $8
and below. Uood hellers In loads up
to $10 25; cows up to $8.75; bulk de
sirable she stock $8 25 up, low cut
ters down to $3.50, mostly $4 up. Bulls
mostly cutter to medium grade at
$6 50 to $7 50; best light vealers $13;
calves $y.50 down; off grades down
to $7.
Bheep, compared with week ago.
Lambs quottibly 50c to $1 higher.
Yearlings 50c up, ewes steady. Good
to near choice trucked-in- lambs
brought $11: strictly choice quoted
nominally up to $11 50; medium to
choice yearlings quotl $7 to $1. Cull
to choice ewes $1 to $5.
POHTLANI PHOIMTF.
Portland UP Butter, cube extras
35c: standards 34c; prime firsts 33c;
I.rt 31c.
Eggs, poultry producers prices, fresh
extras 30c; standards 3Ur, fresh med
iums 3Uc; medium firsts 36c.
Uutterfat, direct shippers track
price. No. 1 grade 34-37c; No. 2 29-31C
Stations No. 1 32-33C; No. 2. 28-20c;
Portland delivery prices No. 1 outier
fat 35-36c; No. 2 30-31c.
Milk, buy nil price percent; sa.su
to $2 50 per cental.
rhrr-Bp. selling price to retailers:
Tillamook county triplets 29c; loaf
30c. Tillamook I.o o. seiuug pnw.
triplets 27c: loaf 28c.
LJve poultry: neavy nnw u i-
ih. M-aik" 3i- to 4 lbs. 21 -22c: un
der 3'i lbs. 1W-20C; broilers, light 30-
siafts He; ducks 18-22C.
Dressed turkeys. lancy toms 30c
lb.; fancy hens 28c.
Frish fruits: Oranges, navels. $5
$7" Japanese $2.15 to $2 25 bundle.
Graociruu, lexas .u w . j.
Florida $7; limes, 6-doz. carton, $2.50.
Bananas, 6c lb. mm ,
r-rniiiiPt-riM. late owes 4.25-t4.75: ,
Cape Cod $4 50 to $4.80 bushel box; I
.stern, ii( oarrei.
Ltmons. Calllornla $10.10-$11.50.
r.irnmhora hothoviKP $1.50 to $2!
doz. Brussels sprouts, local 15-lttc lb.
romaioes, lecal hothouse 25-27c lb.;
California. $4.50 lug repacked. Onions
selling price to retailers, sets 8-9c;
Yakima gicoe. ..u; oh-buu ..
to $1.75. ,
Kr vfirptnhlM- SelllnK Drlce. let
tuce. Imperial valley $4.50 to $5.00;
Sacramento $2 to $2 25; peas 14-17c
lb.; string beans 22-25C. i
Graprs, Kinperois, per iu. q-ha..
t,-,,. .inr.t l.n- lh Rhubarb. Calif.
$2 50 per 15-lb. box. Caulillower. lo-,
eul $L to $15. Huckleberries. lancy
12-HC.
Tuhl nntntnr-s. DeschtlteS GfltlS,
$2 75 to $3 25; YaUlmns $2.75 to $2 85
cwt. Western O.egon $2.25 to $2.50.
Sweet potatoes. Calif. 6 -7c lb; sou
thern yams. 3 crate. Fresh dates,
California. 20c lb.
Country meats: Selling prices to retailers-:
Country killed hogs. -best but
chers under 150 lbs. 15-15'u:; veal
75 to 00 lbs. 10-20c; lambs, 18-20c;
heavy mutton, 15c.
POIITI.ANP i:VTSIItK MARKET
TV.- nnrlr.l fur vift-tllblf S WKS Ben-
erally undeiatipplled lor the week end
with prices continued on practically
on unchanged basis.
Carrots, Jac uoz. numurs, -
Beets. 25c doz. Turnips 40c: 50c lug.
Potatoes, orange box $2; sacks $2.50.
Onions, dry. large $1 to $1.25 crate;
green. 35c doz. bunches.
Celery, doz. bunches: Jumbo 80-90c;
No. 1. 75-80c; No. 2, 65c; hearts $1.
t0Caunfiower, No. 1. 75c; No. 2 50-60C.
Spinach, fancy $1.15 to $1.25; ord -hat
$1 to $150 orange box. Brussels
sprouts, fancy $125. ordinary, $1.10
to $1 15 peach box.
Apples, jumble pack 60c to $1 bo.
HAY MAKKFT
Portlnnd tn Hay. steady. Buying
prices: eastern Oregon timothy, $20 -50
to $21.; Do., valley $19 to $19.50.
Alfalfa. $18 to $19: clover $16: oat
hay $16; strAW $7 to $3 ton; selling
priced $2 more.
rmriuit HATlK
Portland cascaia, bark, steady,
7 to l2c
ikii:i i itt ir, norn
Kr-xa mk Evanorated apples,
steady, choice 14',-15'ac: rancy 1 1-
n i. c Hrunes. sirauv. lumlui ih 0-4
hLc rircLMm uu to 17c. Apricots
steady; standard 14'i to 15c; choice
IO IB'-i, rxirn iitU'iB
Peaches steady; standard 14', to 10c.
rUt.irv 15-151. c: extra choice 16-16l,c,
t!i.isiis ste'adv: loose MuscateH 5
to 7'7c; choice to fancy seeded fi'.i to
Hops, stcatlp: state 1V29, 18-29C;
1P28 nominal; Pacific coast 1929, 10-
19c; 1923, 15-17C
SAN I'UANClst O POI'l.TRY
San Francisco iA- tFrd. State
Maiket Uuieau) : liens, Leghorns, all
I7C 28-2. c ll. colored. ios. "i
!8-29c; broilers. Leghorns, under 17
bs. per do-, 23 to 24c; 17-22 lbs. per
doz. 23-24C. Fryers, coioreci. aimi-r
lbs. 27-2HP; Legnorns. v 10 j iu.
27-28i. Boasters, young 3'i lbs. and
up 27-2Bc; capons, none. KuosieiB, uiu
:horns 13c; colored 17c.
Turkevs, young toms, 15 lbs. and
up. live. 26c; dressed. 31 to 33c; hens,
i.nm and old. 10 lbs. and up. live
2.So; dressed 2t-30c; old toms and un
Ucrgradcs. live 2ic: dresed 27-2UC
11 1. num., mn
Portland (l'P--Nuts. Oregon wnl-
mits. 22'2-28c; Calif. 20-28c; iHanuts
raw 10c; Bnu-lis, new crop bi
munds. 34-35c; filberts, 19-20c; pe
cans 24-25C.
Hops, nominal. 1928 crop ll-lS'e.
Wool, 1928 crop, nominal, Willam
ette valley 28-33c; eastern Oregon.
p FRANCISCO APPLES
San Francisco wfi (Fed.-State
Market News Service : Apples, boxes
northwestern. Home Beauties, C grade
$1 75 to $J: Delicious fancy $2 50 to
$3; Wlnesaps, extra fancy $2.75 to $3;
fancy $2 50 to $2.75; Newtown Pippins
$2 50 to $3.75.
PORTLAND M AH, ri.OLR
Portland Cane sugar tsacked
basis): steady; cane, fruit or berry,
$5 40 per cwt. Beet sugar $5.25 cwt.
Flour, city delivery prices: steady.
Family patents. 49a $8: whole wheat
$7 10; graham $6 90; bakers' hard
wheat 9Hs. $7 CO: bakers' Bluest em pa
tenta, 85s, $7,60; pastry flour 4tfs $7.50.
PAV FRANCISCO MTTKRFAT
San Francisco A") Uutterfat, i.O.b.
San Francisco 38c.
PnKTI.AMI ttllt'.AT
Portland i' Whrat lutures: Mar
nil tmflhitf ! ra. May. oprn. mn
31'i; low t3lV liw 81.31V "'.
mwn hlirh SI 31 : low. ClO 1 31
Ch wheal: Bis Bend BWMtem.
fc.rri m-hli. SI 37: aoft white, wrat.rn
white SI 2H; bard winter, northern
spring, weatern red 81 34.
rtei. Hn 1 SH.Ib. while 835 50.
Turiay'a car receipts, wheat 84, bay
4, flour s, corn .
W1NMIM1 WIIFAT
Wlnnlnr. iliP) Whrnt ranee: May
open, bum 8144: low 81.43V cl"
81-43V July, open 81.4.1; hluh 81 4.V
u Inw S13V.: clM 8144 B-8. Oct
hlKh 81.40 8-8; low 81 38 8-8; close
81.40V
I ivrRPmii. MiirAT
Liverpool ilipi Wheat rans: Mar
open, man 'w. ...
41 8-8. May, op.ll. hlsh 81 48 9-8: low
rlnaa 8143.. July. open, msn si
46a; low. close 81.44V
rnii'Afin ciraiv
Chleaen i Wheat luluresr Jan..
hlh IINU' InaT ai9SV CloaS 81.-
. to V May. open S1S3V hlsh
8ii)V lew 8iii; doss si.aaw to la.
July, open $1 33'; to 3-8: high $1 33
S: low $1324- close $133 to V
Cash grain: wheat. No. 2 bard $1.
26; Corn. No. 4 mixed 80c; No. 5 whit
81 to tJ2',c. 0U. No. 3 white. 45c;
No. 3 white 44'?c to i. Rye. no sales.
Barley, quotable range, 59 to ttoc.
Timothy seed $5 20 to $8.15. Clover
seed $10 50 to I
Lara- $9.95; rib
$11.62.
10.50; bellies.
CIIICAOO IIVKSTOCK
Chicago -m IU. S. D. A Cattle
receipts 300. Compared with week ago
fed steers, yearlings and fat ahe stock
mostly strong to 25o higher; best
yearlings $16; heavies up to $15.50;
choice fed steers bulking at $11.50
to $13: light heifers most numerous
at $12 50 to $13 50; bulk fat cows
$6.75 to $8 50; vealers 50c to $1 lower;
Blockers and feeders strong to 35c
higher.
Sheep, receipts 1000. Few loads of
fat lambs steady at $13 25 to $13 35;
com pared with week ago: slaughter
iambs -steady: fat ewes 35 to 60c
higher; late top fat lambs $13.75; fat
ewB $6 25.
Hogs: Receipts 10.000. Including
$7000 direct: market active to ship
pers: fully 10 to 15c higher; top $10;
butchers, medium to choice $9.25 to
$0.87.
PRODUCTION AT
LUMBER MILLS
IS DECLINING
Seattle (IP) The Pacific north
west closed the year 11P29 with lum
ber production exceeding orders by
2.4 per cent, according to a state
ment issued by the West Coast
Lumbermen's association Saturday.
Lumber production during the
week ending December 28 indicat
ed a normal holiday shut down.
being approximately one-hall of
what it was during the preceding
week, the association reported. The
report was based on activities of 224
mills in Oregon. Washington and
British Columbia.
The report added:
"Production at west coast mills
has declined steadily during the
past four weeks, while new business
has held about even, except during
the last reported week, during
which the Christmas holiday oc
curred. The relationship between
production and orders, which for
some time has been unfavorable to
the Industry, is gradually improv
ing. This betterment is believed to
reflect the realization of dealers,
most of whom have lower stocks
than they have carried in years,
that the present la probably the
most advantageous time for them
to stock up to meet the require
ments of spring building.
Production reported by 308 mills
for the week was 96.551,523 or 32
per cent of their rated weekly ca
pacities." Since the first of the past year
the mills have operated at 67.1 per
cent of their normal weekly ca
pacity. PROBE CAUSE OF
CAPITOL DOME FIRE
Continued from pace 1)
er obtained from a nearby room.
Questioned as to whether Moberly
had been crtnking. Lynn said the
artist told him he had had two
drinks about 12:30 p. m., Friday.!
He also said Moberly told him tnat
those were his last drinks and it
was asserted that the artist had
worked throughout the afternoon
retouching the decorations in the
senate corridors.
The stories of the two men as
reconstructed Saturday for Mr.
Lynn left many apparent gaps which
he later will undertake to fill In
before making his report to Speak
er Lour worth on the origin of the
blaze and the extent of the damage,
traces of which were being removed
Saturday by a large force of work
men.
"There are many versions of the
fire that do not Jibe," the archi
tect said.
Hall s statement was that he was
an old friend of Moberly and had
gone to the studio to visit him. He
said Moberly appeared to be tired
and he suKgested that Moberly take
nap. Hall then picked up a
paper.
Hull asserted that he had not
beeu smoking but that sometime
afterward he noticed smoke; found
the fire and undertook to extinguish
tt. He told the elevator boy of the
ffre and the boy advLscd the capi
tol police.
The blaze, which provided excite
ment for more than 10.000 on-look-ers,
caused only atout $7,000 dam
age. This Includes 14,000 for de
stroyed documents and oil paintings
of several Justices of the court of
claims. Duplicates of the documents
are available elsewhere.
The fire started, either In the
artists studio or the document stor
age room, Just off the base of the
big rotunda. It was confined to
those two rooms.
Ten part raits of chief Justices and
Judges of the United States court of
claims, which for years have looked
down from the mails of that trl
bunal, were among the art ob
jects damaged or destroyed by fire
which broke out In the capltol Fri
day night.
Tne portraits had been taken to
the artist's room In the capltol
shortly before the fire broke out,
In order that they might be re
touched, and while no official esti
mate has been given of the dam
age done them, court attaches said
It could not be estimated In terms
of money.
At least one of the paintings was
of a man appointed to his post by
President Lincoln, and all of the
men portrayed have since died.
DISMISS STUTZ
BANKRUPTCY CASE
Indianapolis, Ind. cP) United
State District Judge Robert C.
Ballaell Saturday dismtswd a pe
tition fh Involuntary bankruptcy
against the StuU Motor Car com
pany of America, Inc. Three Indian
spoils creditors filed the petition
several days ftio.
STOCK INCREASE
OF 200 MILLION
PLAN OF ESPEE
Authority for an Increase of the
common stock of the Southern Pa
cific company by 1200,000.000, di
vided into 2,000.000 additional shares
of the par value ol $100 each, will
be requested of the stockholders at
their annual meeting on April 9.
1030, it is announced by the com
pany.
It is not contemplated that tne
company will make any present use
of. or offer to the stockholders the
privilege of subscription to, this ad
ditional stock, according to the an
nouncement.
"The purpose of the proposed
authorization of the capital stock
increase iff to fortify the company
for the future by havin? addition
al stock available for issue, from
time to tune, if and when needed
for the purchase of additional prop
erties, and to provide funds for
additions and betterments which
may become important In the de
velopment of the business or in the
erconomimal operation of the prop
erties," reads the notice to stock
holders. Resolutions recommending the in
crease in the common capital stock
were adopted by the board of di
rectors at their regular meeting,
held December 12, in New York,
WARNING SHOTS
HELD UNNEEDED
FOR GUARDSMEN
Providence, R. I. W) United
States Attorney Henry M. Boss, Jr.,
Saturday Issued a statement in
which he completely exonerated the
crew of the coasc guard patrol boat
290 from any blame In the killings
of three men aboard the rum run
ner Black Duck, last Sunday, and
said he would not produce the crew
before the state Inquest being held
at Newport. As a result, Attorney
General Oscar L. Hcltzcn stated he
would be forced to go through the
formalities of inter-state summons
to get the coast guardsmen to tes
tify before the coroner.
Mr. Boss declared his information
from Investigating government de
partments showed that the Black
Duck came upon the patrol boat
off the Dumplings bell buoy in Nar
ragansett bay Sunday morning, and
tried to escape after the boat hailed
her with her horn and lights, to
heave to. As the machine gun of
the patrol opened fire, he said, the
Black Duck veered and was raked
from stern to pilot house.
The law of the United States,
Boss said, does not call upon the
coast guard to fire a warning shot 1
In such cases and in the event of
indictment of the coast guardsmen
by the state of Rhode Island, no
claim would be made that such a
warning shot was fired.
Mr. Bogs announced that he had
discovered a new statute covering
the activities of the coast guard
which superseded the law first
quoted in the probe. The first law
cited called for a warning shot be
fore firing to hit.
HEFL1N ASKS BAN
LIFTED ON PRIMARIES
(Continued from page I)
liar to those voiced by Heflln. Both
Locke and Heflln supported Herbert
Hoover in the 1928 general election.
Locke attacked the action of the
state committee as unconstitutional
and undemocratic.
Twenty-seven members of the
committee have determined that all
offices shall be filed with "Simon
pure Al Smtthites." He said: "They
set up Al Smith as the qualification
for officers in Alabama lor the next
four years."
While fixing qualifications for
candidates the state committee at
the same time invited all democrats
who would pledge themselves to sup
port the party nominees in the fu
ture to take part as voters in the
August primary.
Hefiin asserted that by the terms
of the ruling of the executive com
mittee, "every priest and Catholic
in the state can vote or be a candi
date while good protestants are dis
enfranchised." He said "although
large votes were polled in Alabama
by Harding and Coolidge no efforts
were made by the committee to dis
cipline those bolters."
"Alabama would have gone Into
the republican column In 1928," he
said, "if we had received a fair
count."
MRS. VAX TASSEL ILL
Silverton M re, Walter Arbuth
not was called to the St. Vincent's
hospital to the bedside of her mo
ther, Mrs. P. E. Van Tassel, who
is affected with paralysis of the
throat. Mrs. Van Tassel has been
troubled with this ailment for a few
years but was taken suddenly worse
two weeks ago when ahe was taken
to the hospital. The Van Tassels
have lived here several seasons,
taking apartments at the Potorf on
North First street.
RETtRNS TO IDAHO
Lyons Van Norman has left for
Idaho after spending the holidays
with his sisters, Mrs, Helen Vaughn
and Mrs. JesM Iater of Lyons.
WANTED!
RAW FURS
Ws abo buy sll kinds ot Iran,
sets, Rafs, MrUI
CAPITAL JUNK
H. STEtXnoCH. Prs.
rfcsM -lU Center It.
k. ths kfMf
Middle West Dumps
Surplus Of Butter On
Coast, Breaking Price
With butterfat down as low
the farmer, the lowest in midwinter for several year9, farm
ers are inquiring the reason why in a winter when it is neces
sary to leed cattlf hay, with past- '
urage abort all tall and expenses
high for production the market
dropped two cents here and In Port
land Friday.
Our butter at market here was
up 8 to 10 cents higher than the
Chicago market," stated F. O. Dec
kebach of the Marion creamery in
explaining the situation from the
Salem creameryman's standpoint.
We were buying butterfat here at
49 and 50 cenLs a pound when Chi
cago was paying 38 to 39 cents. An
immense overproduction developed
in the middle west with the result
they had to go somewhere outside
and they have been unloading their
butter In the California markets at
a low price. The result has been a
reaction here which has shoved our
price down to a par with the Chi
cago markets and we are paying
now the same price as they are pay
ing there or a little bit higher.
There Is more than one reason
for the situation in the middle west.
In the first place there is a heavy
overproduction of butter with around
35,000,000 pound surplus in the
country, and a big dropping off in
consumption. This decline in con
sumption may be credited to a con
siderable extent to the heavy use of
oleomargarine and kindred products.
Farmers themselves with dairy cows
are selling their cream and instead
of using butter going to the stores
and with their cream money pur
chasing oleomaargarine at 13 and 14
cents a pound. The very cheap price
of this product Is showing a sharp
reflection In butter conditions.
"For another thing the canned
milk market is overloaded. There is
an overproduction of canned milk
and the surplus is going to the
creameries to make more butter.
"On top of that there isn't much
question but the late stock market
reaction is also reflected in the con
ditions surrounding creameries the
same as in other lines of business
but to what extent of course is prob
lematical but to some extent.
"However, there Is no question
that a heavy use of oleo has had
a market effect and the whole thing
has brought around a top heavy
conditio nin the supply."
IMPROVEMENT NOTED
Silverton Eldred Williams, son
of Mr. and Mrs. Alfred Williams of
North Second street, who has been
seriously ill with pneumonia for
nearly two weeks, Is now somewhat
Improved.
More power per pound
than any other car under $1000
It'S a big car full 114-Inch wheclbase. It's a poireriij car Us
70 horsepower delivers more power per pound of weight than any
other car under f 1000. It's a fast ear your daring dirlates the
peed you travel. It's a comfortable car with hydraulic shock
absorbers, long springs, deep cushions and generous head and leg
room. It's a stia car with never-failing four-wheel brakes,
rugged double-drop frame, and a steel-core steering wheel.
!l A significant car, first of its type and price built by Studrbaker
to Its 78-year standards of quality. Those who can command the
best will drive no smarter-looking cars than this. Only by actually
teeing and driving the new Erskine ran you know how impressively
It interprets the spirit of these tremendous times.
- MARION GARAGE CO.
WALLACE H. B0NESTEELE
rhone 362 Salem
BUILT BY STUDEBAKER BUILDER OF CHAMPIONS
as 37 cents a pound paid to
STOCK MARKET
RALLY CARRIES
SHARES HIGHER
New York (IP) Overcoming the
effects of rather heavy week end
profit taking, the stock market Sat
urday rallied and near the close
the whole list presented a strong
tone.
Gains for the day ranged to 3
points with a long list up a point or
more. Motor shares led in activity
and strength with Hudson, Pack
ard, General Motors and Studebaker
favorites.
Shorts were caught In Fox and
the issue ran sharply. It eased off
shortly after midsession, but rallied
near the close. Other amusement
shares were strong.
United States held well as did
other industrial leaders. Utilities
vied with the motors for market
generalship. Railroad equipments,
featured by Baldwin, were in de
mand, and special issues like Co
lumbia Graphophone, Simmons,
Union Carbide and Standard brands
made good progress.
Coppers made a good showing on
professional support while rails
were quiet with prices firm. Mail
order shares were strong in early
trading but later they eased off.
Trading was only moderate In
volume and tickers were abreast of
the market most of the time. At
11:15 a. m. the tape was clear.
A few minutes before the close,
Chysler received a send-off for the
motor show which opened Saturday
in New York. The string Included
15,202 shares with the price rising
from 37 to 3? 14 where it was up
A sale was made of 5,000
shares at 37 and one of 10,000
shares at 38.
Earlier in the session a sale of
Packard was made at 17 on a block
of 13,000 shares.
The market closed higher with
the preliminary industrial average
up 1.16 at 248.35 and the railroad
average up .13 at 114.89.
Sales for the day totalled only
1.312.200 shares, compared with 1,
634, M0 rhares last Saturdnv.
Introducing the
DYNAMIC NEW
D-namicl
Veir ErsJtin Rrgal
and trunk rack standard equipment $1065 at the factory,
11. INC II WIIEELBASE
RUSSIAN GRAIN
OFFERS BREAK
WHEAT PRICES
Chicago Announcement Sat
urday that British millers had
bought wheat from Russian did
much to tumble down wheat prices
Saturday, causing breaks of nearly
3c a bushel. The British purchase
ot Russian wheat was said to have
been 75.000 bushels of a low grade
at a premium of about 4'j cents
a bushel over the current value of
United States No. 2 hard winter
wheat. Export business in North
American wheat today was again
disappointingly small, totalling but
600,000 to 755,000 bubhcls, including
a cargo of No. 2- hard domestic
wheat to go to Portugal.
Despite late rallies, the Chicago
wheat market closed nervous at
I'mc to 2c a bushel below yester
days finish. Corn closed i to
to iC down; oats to c off, and
provisions showing live to 15c de
line. Chicaga. IP) Wheat, closed
sharply lower on the board of
trade Saturday, Russian news
again upsetting all the leading
world markets. Offers of Russian
grain, untirely unexpected, started
liquidation here and lent strength
to the bear sentiment. Liverpool
closed 2 to 2ic lower and Buenos
Aires closed ls to l7ic off on the
news. Argentine rains are delaying
wheat and there is an active mill
demand there. Corn and oats sag
ged with wheat.
At the close wheat was V.-s to
l"i lower, corn was t He low
er, and oats was Uc lower. Provi
sions were weak.
Cash prices were, wheat un
chang, corn l'sc higher to l'ic
lower, and oats to lUc lower.
Receipts were wheat 5 cars, corn
148 cars and oats 22 cars.
Chicago, (JP) Reports of further
offerings of export wheat from
Russia sent the wheat market here
reeling downward Saturday to
the lowest level of the week. A
sharp setback In wheat quotations
at Liverpool preceded the break In
the market here. Opening l's to
1 vi c down, Chicaio wheat prices
later suffered additional loss. Corn,
oats and provisions also were
weaker, with corn starting Ra to
-t off and afterward continuing to
sag.
PRICE REDUCTIONS
IN 1930 CHEVROLET
Detroit (LP Substantial price re
ductions on the new 1930 Chevrolet
sixes to be shown Saturday were
Srdan, far fir&aix trlrm t
announced by W. 8. Knudsen, presi.
dent and general manager of the
Chevrolet Motor company. Base
price of $525 current in 1929 win
be CUt tO 1495 In Lh n.t ig m
ies, with parallel reductions all along
the line of n&&snim
cial car models, Knudsen stated.
ine new low price was made pos
sible, it was explained, because of
Chevrolet record volume in 1929,
when 1,350.000 cars were built.
The Drlce cuts off from or a
$50 making the new price ranee from
$50 making the new price range
from $365 to $675 compared to 1929
prices of $400 to $725.
FLOGGING BACK
IN ENGLAND AS
CRIME SPREADS
London OP Violent crime, tim
idly lifting up Its head in England;
is being scourged back into submis
sion with that old familiar imple
ment of justice the cat-o-nine-
tails.
For while Englishmen love to read
about crimes of violence, and dote
particularly on exaggerated ac
counts of criminal reigns of terror
in America's big cities, they dont
like crimes of violence in their own
country. In fact, they won't stand
lor them.
So English magistrates, are not
hesitating to revive the old custom.
Magistrate at Leeds, Liverpool
and Maidstone have answered vio
lence with the whip in recent cases,
and here in London's famous crim
inal court, the Old Bailey, judges
have been shaking the dust off the
cat-o-nine tails and letting brutal
offenders learn how it feels to be
treated brutally.
Flogging is not, of course, a legal
punlishment for all offenses. And
since 1791 it has been illegal to flog
a woman, no matter what her of
fense. OLD FRIENDS VISIT
West Salem Mr. and Mrs. Frank
Forester of the Silverton road and
Mr. and Mrs. Homer Barber were
recent dinner guests at the Ralph
Sebern home on Franklin street.
The three families were friends in
an eastern state before coming to
Oregon.
inis new Bcii'nu- w
ficdiecoveryEives
quick relief. It's
marvelous.
B emend
VJAAIMTCC
vou
A COLD
V TAKE. )
XAtlDIWt
8DrKr V-
70 'Horsepower, Studebaker-Buitt
Motor 114-inch W heelboMe Mo
tor Cushioned in Lire Ru b6?r Sew
BurgesB Acoustic Muffler Lan
Chester Vibration'DamperThyuble
Prop FrameSew Typo Erskine
Bendix Duo-Serro FourWheel
Brake Tim ken Tapered Roller
Bearings Adjustable Front Seat
and Steering Column Chromium
Plating 40 Miles Per Hour Even
. Uhen SEJT.
ERSKINE MODELS AND PRICES
Club Sedmn, far Five , , $ tWS
Sedan, for Five ' 965
Rrgal Sedan, for FW . . 1065
l andau Septan, for Five 1095
Coupe, for Two IW5
Coup, for Four 945
Tourrr, for Five . 965
All Prices at the factory
trouuif, U was declared.