PAGE EIGHT -
THE CAPITAL JOURNAL, SALEM, OREGON
MONDAY, MARCH 3, 1930
5'
LIVE POULTRY
SHORTAGE FELT
EGGS STEADY
Portland (IP) Continued shortage
Of live poultry at Portland Is causing
more or less concern to killers and
distributors here (or two opposing
reasons. Chief of these appears the
local shortage In the face of the lib
eral stocks at other points. Another
factor la that prices here, compara
tively speaking, rae the highest In
the country.
Market generally for butter Is re
flecting little change at any; of
the leading points throughout the
country. Local conditions are steady
to easier In spots despite the re
cent advance In undergrade.
- Storage situation has been of
considerable benefit to the egg mar
ket. Steadiness is generally shown
locally although receipts are liber
ally Increased. With the storage
season on, the trade here will soon
begin to be complicated by weak
stock.
While there was considerable
weakness toward the week-end at
Wisconsin cheese centers, the mar
ket at Tillamook, Coos Bay and
along the coast generally, Is con
sidered about steady. Increasing
demand Is shown.
There is a shortage of fresh sal
mon here, a condition which is be
ing complicated by the closing of the
Columbia to commercial flshln for
a period of two months. Small
supplies of fresh halibut are or riv
ing but the price is too high for
general sale.
First carload of Florida new po
tatoes of the season Is here, an
nounces the Pacific Fruit company.
The previous supply was from Cuba.
Priced 16 cents.
There is a real shortage of as
paragus here as a result of con
tinued cold weather In California.
Only nominal receipts are reported
with sales advanced to 30 cents
pound for best offerings.
There appears a shortage of cab
bc :e in all parts of the country and
the western sections which usually
have liberal stocks at this time,
have little In sight. Texas reports
sales there at $75 ton compared
with $60 a week ago.
Lemons are down 50 cent case
again.
No changes generally In oranges
or grapefruit.
Bananas are extremely scarce with
a further advance of hk cent pound.
Potato trade is generally easier
at northwest sources. No change
here.
Walla Walla spinach Is scarce,
firmer and higher. Balem around
$150.
Onion market shows considerable
actlvltly at the source but down to
$0 cents.
Tomato market continues a trifle
easy but general price Is held.
Head lettuce Is steady for quality;
others a trifle dull.
SHIPMENTS OF
CANNED FRUIT
Heavy movements of canned fruit
out of warehouses of local canner
ies have been going on the past
10 davs or two weeks but mostly
of fruit which has been held In
storage on earlier orders and just
going out for delivery now. Two
main reasons for the large move
ment has been the fact that In
most Instances free storage Is given
up to March 1 and also by a move
ment In time shipments will beat
out the assessor on his rounds.
However, canned prunes have
moved out rapidly the past few
weeks because of an accelerated de
mand and some large sales were
made of them recently. However.
It Is stated the market has calmed
down on prunes the part few days.
- Pears still remain the sore spot
with canners and from what they
say several shirts have already been
lost In the pear game. It Is stated
a recent spot list showed over 1G0.
000 cases of pears still unsold In
storage. This list, made before the
bis movement prior to the first of
the month showed 700,000 cases In
storage at that time In the north
west but It was estimated around
400.000 cases moved out and Included
In the quantity left was a heavy
percentage of canned pears.
Salem Markets
Cumullcd lic:n reports ol Hnlf-m
tlcalei. for the suulmu'e of Cnpll
aljouriml lenders. rllevlMd dally)
Wheat: No. t whit. 6'id red
rWckeU) 050 fred onts 4tK; mill
lug uais 4Bt, banry fr.li per ton. i
Menu; Hush, tup RinUrs, 130-100
Um S11.10; lbs. 11.00; 2:10-
aOO lb., 11. IU; USO-UN Iba. S100O;
iuwi, saoo to W.25; cttle. top teer
te.uiy IU to S1USO; cowi, 4 50 to
ll 60; culla and cuiter 3 to 4 60.
Hlietp. apiiDK lumba $10 00; bucks,
au to no; old ewe M to SS.
Culves: V fa If is, live weight. 125-175
lb, Slu-911; heavy and linns t7-tD.
Dicabtd menu: Top veal 1! cents.
Ho. 2 Kradt rouifii and heavy ISc
and up: top hog 130-150 lbs. l&c;
other Hiadcs 13c uown.
Poultry Unlit to medium hen
10-lite lb ; heavy hens 22 cents per
pound; brolleia. dprlmrs 20-22C, stag
lie lb.; old tiKiteia 7c lb.
KKKa' pulleta 17t-; freIi extras 90c;
Buuvrfat 3c; prime butter 3y-40c;
cube extras :;c; atandard cube 33c,
UIHH t VM t; I'HU I M
Presh (rult; Urnnties, uaveli t4 23
98 cane; lemons H 00. Dananns T,:
apples; XK Jonatttana 2 7S; face-nil
ftl.M); Kpltrenbertt 2 25-2.7ft; De
licious Xe 2 75; Wliit aapa, wrapped
and packed ai.78; Yellow Newlowna.
91.7ft, Cranberries M box. (iraprfrult,
lsaa Q2&-97; California aft2a-aft.7S.
Ithubarb SJ-S'J 75 20-lb. box.
Fresh veitetablea: Tomatoea. Calif.
4 50 crate. Potatoes. Yakima 92 50-99.
Lettuce, Imperial valley 92.75; celery,
95 50: Cabbnae 9' centa; breen
M-miert 35c lb. Spinach 10c lb ; cau
iriiwer 91 60; arllchofces 9100 doa.
Hunched vr,:eublea: Uorea bunrh
ltiriiiis Poc; parsley oc; carrota
M)c; beeta OOc; onions 60c; radishes
90c; peas 16c lb ; cucumbers 93.50
dor, Ttiussels p routs 2oc.
8nked effetab:es: Onlona local
150; carrots 9.1; rutabugaa S'Vc;
prtrlic 15c lb ; stiuash 3c; iurnlpa 9c;
Daraiiipe 9c; yarns 7c lb.
unoi MOIMIR
Woolr medium Soc; coarae 97e per
lb. lmbs woo. 25c; (all clip 27c. i
Nfarly 1.000 tractor were placed
On farma In South Africa In 1928.
Gcrmanr has approximately 353,
000 pasatnger ftutomobUea,
fee
TODAY'S
1'OKTl.ASH l.lVESTOf'K
Portland Jf Cattle and calvea:
better tirade steers and she stock stea
dy. Kecelpts cattle 2325; calves 279.
including 78 cattle through.
Hteers iioo-i3(K) ids. ni ao to v
good 911 .50 to 912 25; medium 910 to
11.50: common 98 to 910. Heifers.
910 25 to 910.75; common to medium
97.50 to 910.25; cows, good 99 25 to
90.75; common to medium $0 50 to
99.25; low cutter to cutter 93.50 to
96.50. Bulls, yearlings excluded, 98 to
98.50; cutter to medium 96 50 to 98;
Calves, milk fed. good to choice 911
to 9)3.50; medium 90 to 911; cull to
common 97 to 90.
Hokn. active killing classes isc high
er than last week's close. Receipts
2500, Including 212 on contract.
Heavy welirht 910 26 to 911-60: med
ium weight 910.75 to 912; light weight
Hi. SB to ai?; ngnt ngnia, siu .to u
912; packing sows, 99-5 to 910.26;
slaughter pigs 910 60 to 911-50; feeder
and stocker pigs 90-130 lbs. medium
to choice 911 60 to 92 25. (Soft or oily
hogs and roasting pigs excluded In ,
above quotations .
Sheen ana lamrjs: -mining steaay
Receipts 900, Including 243 on con
tract. Lambs, good to choice 99.75 to
910.50: lambs, 84 lbs. to 92 lbs. 99.50
to 910.25; medium 99 to 99.75; all
weight, common 97.50 to 99. Yearling
wethers 96 60 to 98 50. Ewes, medium
to choice aa to sa w): lio-mo ids. a
to 99: all weights, cull and common
92 to 9.
FORTl.ANi PROIM TE I
Portland 4UP) The following pric
es are effective Monday: Butter quo
tations are fyr shipment from country
creameries and 'a l0- 14 deducted
as commission.
Butter: cube extras 37c; standards i
36c; prime firsts 35c; firsts 32c.
Eggs: Poultry producers prices:,
fresh extras 26c; standards 23c; fresh
mediums 24c. '
Butterfat: direct to snippers, xraca
price 36c; No. 2 grade 30c; stations,
Nrt l fl.le- No. 2 28c: Portland delivery
prices. No. 1 butterfat 35c; No. 2. 31c.
Milk, ouying prices: Kranc . w"o
per cental Portland delivery and In
spection.
Cheese: selling price to retailers:
Tillamook country triplet 25c; loaf
26c; Tillamook f ob. selling prlcse:
Tillamook, country triplets 27c; loaf
2Bo. , J
Live poultry: heavy nenw. coiorrn.
over 4U lbs., 24c; heavy Ignorns
24c; 35 to 4 lbs. 22-23c; under 3'4
lbs 20-21c: broilers light 30-32c; col
ored 22c; old roosters 12c; stags 16c.
Urewtea poultry: iurr), mini
toms. .tor: hens 27-28c; No. 2, 24c;
capons Soc.
Fresh fruit: oranges, navels 94 to
97.75: grapefruit. Texas 96.75 to 97.50;
Florida, so ao io . t
i.itll s-tn csrton 92 60: bananas
8-6'c lb. liemftns. Calif. 6-7
C:anbcrries, iae uiiwri, mw'"
wr hnx: Cane Cod 93 bushel box;
enstem 915 bnrrel.
Cucumbers, hothouse, Colorndo. 3.
25" Oregon, standard 92.50-92 75 dzo.
BriwrU sprout. Orenon 91 25 to
d 4ft pench box. Tomatoes, local bot
hoiiHP. 27'i to 30c; Mexican, 93 to
93.60 lug, repacked.
onions, seiung pn u
sets 6? to 0'c; Oregon 91 65 to J
cental. , . .
Fresh vegetables: selllnir price let
tuce, Imperial valley. 92 53 to 92 75;
pens 14-I5c lb. Spinach. Walla Walla.
91 50 for 20-lb. box; California 40s
CeTJry,' Calif 91 40-91 75 dor ; 95 50
96 crate; Oregon hearts 9123 doa.
bunched. , ,
Rhubarb, hothouse, extra fancy 92.
fanry 91.75; iholce 91 25 per 20-lb. box
Peppers, bell 26-27'c lb.
Cauliflower. Roseburg broccoli 91 -60
to 91 65 per crate: California, 91
91 36 Table potatoes, peschules gems
93 10-93 25; Yaklmas 92 76-93 rwt.J
western Oregon 92 25-92.50; new Flor
ida l.flc ptund. . ,
Sweet potatoes, Crllf. nominal 6c
lb; southern yams 93 25 crate.
Country meals: selling price to re
tailers: country killed hogs, best but
rhera under 150 lb. 16c: veal. 75 to
W lbs IB', -19c; lambs, 20-22c; heavy
mutton 16c.
roKTMM HKTMliK MARK1T
Root veaelablcs continue very low
priced on the Kst Side Farmers' mar
ket, sales being made cown to 33
lug. Cabbage la firmly priced with
nominal supplies. .
Celery hearts are firm and active at
91 40 do bunchea. potatoes are stea
dy Onions sold generally 91 sack but
were fairly active at that
Urcen onion are 30-36C dor bunch
es' carrot. 30-35c dos. bunches. 35
40c lug, 75-B.'c sack; Beets, 40c do..;
60-75c lug. sacked stock 91 50
Turnips 35-6th- doa. binches. 80-flOe
lug Onions, dry large. tuc to 91 sack.
Cauliflower. No. 1. 91: No. 2. 65-.V.
Apple, tumble pack 91 to 91.10:
face and fill 91 10 to 9125. Hubbard
squash, 91 crate.
VI T HOP. WOOI,
fOniBIIU ' " r r inns. .........
Inuta 22S-2ftc; Calif. 20-28c: peanuts.
rlmon t '34-S5c; ftlbcrU 19-20c; pe-
Hop. nnmlnsl 1029 crop P-tK lh.
Wool 19'8 ctip. nomlnnl: Willam
ette valley 28-33c; eastern Oregon 19
27',iC CM H ltHK
Portland Caacara bara: steady.
vRtKI HI IT-4. IIOP9
Wew York --Evaporated apples,
steady; choice 124 to 13'c; fancy
14-15c. Prunes steady; Calif . 9 to
12c; Oregon 91. to 17c. Apricots
steady: standard 13'i to 15c, choice
104 to 17c; axtra choice 18-20C.
'
Copyright Prti Publlsblof Co Hi
BOTTOM OUT !
MARKET QUOTATIONS
Peaches, steady; standard 13'a to 14c;
choice 14 to 15c; extra choice 14
to 15c.
Hops steady. State, 1929, 18-20c;
1928 nominal. Pacific coast, 1920 15
18c; 1920 12-14C.
SAN FRANCISCO POI I.TKY
San Francisco P. S. M. N. S.)
Net prices paid producers for live
poultry delivered San Francisco: Hens,
Leghorns, all sizes, 27 -28c lb. Broilers,
Leghorns, under 15 lbs. per doz. 36
38c; 15 to 22 lbs.' per doz. 36-38C
Fryers, colored, under 3 lbs. 31 -33c;
Leghorns. up to 2',-i lbs. 34-37c;
Roasters, youuc, 3 lbs. andp up 35-36c.
SAN FRANCISCO APPI.FS
San Francisco W (Fed. -State mar
ket news service): Apples, boxes, Cal.
Newtown Pippins 92.30-92.75; few 93;
loose 91.90-92.15. Northwestern Rome
Beauties, fey. 92.-92.25; 68s and larg
er 92.50-92.75; C grade 91.76-092. De
licious Ar S3.73-S4; icy. m w-J.
Wtneftaps XF 92 75-93; fey. 92 60-92.-75;
New low ns XF 935; fey 92.75-93.
PORTLAND Nl (JAR: FI.OI'R
Portland Cane sugar, sacked
basis, steady. Cane, fruit or berry
95.15 per cwt. Beet sugar 95 cwt.
Flour, city delivery prices: steady:
family patents, 49s 97 40; whole wheat
98a, 97; Bakers bluestem patents,
08s 97; pastry Hour 49s 96-00.
BAN FRANCISCO R1TTFRFAT
San Francisco t) Butterfat I,o.b.
San Francisco 39 and 39c.
HAY MAHKKT
Portland tfi Hoy. steady. Wtolc-
sale prices, delivered Portland: east
ern Oregon timothy. 922.50 to 923.60;
do. valley 910 to 919.50; alfalfa 919 to
920: (lover 916; oat hay 916; atraw 97
to 98 ton; selling prices 91 to 92 more.
MVF.Kt'OOI. HIIF.AT
Liverpool UP) Wheat range, Mar.
open, high 91. 12 3-8; low. close 91.-
1. May, open, high 91 17',: low.
close 1.10'i. July, open 91.21U; high
ui; iow, ciose si.ju.
WINNIPKO Will AT
Winnipeg lfp Wheat range. May
open 9114; high 91 14',; low 91.12:
clone 91.12. July. open, high 91.16-
3-8: low 91 13',: clos? 91.13 5-8. Oct.
open 9116!,; high 91. 16!; low, close
91.14.
PORTI.AMl WIIFXT
Portland tJ"1 Wheat futures; Mar.
all trading 91 08; May, open, high
91.1214: low. close 91-10. July, open,
high 91 12': low, close 91 09V Sept-
open, high 91 12'-: low. close 9 09 V 1
tun wneai: tiig iirna tnucniem.
hard white 91 19',; soft, white, west
ern white 91.08'-,: hard winter, nor-
inern spring, western red si.07',j.
OaU. No. 2 ail-lb. while 933.
Today's car receipts: wheat 104. bar
ley 1, flour 29, oats 4. hay 4.
CHICAGO (.RAIN
Chlcr.go Whent futures: March
open 91-09'i to 5-8; high 91.101,; mw
pi.oh'b; close si.ua a-o. May, open
91.14'.; high 91 14",; low SI li',;
tloso 91.13'. to 3-8. July, open 91.-ll-
to 91.12; high 91.12?,; low 91.
0U',; clow 9110',. Sept., oiwn 91.
l.TJ4 to 9114'4; high 91.14',; low,
91 11'4; close 91.114 to
Cash, grain: wheat No. 2 hard 91.
09',; No. 6 hard 95c. Corn, No. 6
mixed 72c: No. 5 white 76c. Oats. No.
3 white 43jc; No. white 42,c. Rye,
no sales. Barley, quotable range 61)
to 6c. Timothy seed. 95.40 to 96.35.
Clover seed 910 to 917 50.
CIIICAtiO KSTOCK
Chicago ! (U. 8. D. A.I Hogs,
receipts 45.000. Including 12.000 di
rect. Top 911 40; butchers, medium to
choice 9985 to 911-40; packing sows
98 50 to 99 65.
Cattle receipU 12.000: Selves 2500:
slaughter clanses. steers, good and
choice 912 90 to 915 75; fed yearlings,
good and choice 912 76 to 915.75; veal
era, milk fed. good and choice 99 75
to 914.
Sheep, receipta 21.000. Early bulk
light lambs 910.25 to 910.75; top to
outsiders 91125; lambs, good and
choice 910 to 911 25. Ewes, medium to
choice 98.75 to 910 75; feeder lambs,
good and choice 99 25 to 910 25.
ASKS HOOVER TO
ACTJWJOBLESS
Continued from page 1)
fully 15 per cent In the same lew
months.
"Accordliid to dnta assembled In
40 cities, 19 per cent of the union
members were idle to January. Sec
retary Lamont report that the
amount of building contracts award
ed In January. 1W0. were 998.000.000
below that of January. 1929, In spite
ol the president s conference,
"The5 are challenging facts. They
demand an answer. What answer
does the administration offer? l
lay In the tarill hits buMneas. This
story emanated from ths White
House and was featured in almost
every newspaper In the country on
the ith ol February. I would spend
little time on such artificial at
tempts at myth makinj II they were
harmless, but they are not harmless
because they divert attention Irom
the real, substantial and permanent
cause ol unemployment cause
i ""'fir
pan (Ntif York WorltU 133Q
which can and ought to be eradi
cated.' President Hoover and Coolldge,
Wagner said, had unemployment
without the Intervention ol a tariff
debate,
Wagner charged the labor depart
ment was without adequate statis
tics on the situation and demanded
to know why attempts were not
made to obtain them.
He also charged political manipu
lation in order that the country may
be led to believe "the president has
means of knowing how many men
are unemployed at a particular time
and has precise methods of deter
mining from day to day the level of
unemployment, when as a matter of
fact, he has neither the figures nor
the meana of securing them."
He quoted from President Hoo
ver's campaign speeches to show the
need of such statistics and said the
administration had not taken the
first step towards procuring them.
"The republican party was in
capable," said the New York sena
tor, "of writing a tariff bill that
would meet with the approval of
Its own members. The republican
leadership In congress was incap
able of bringing about a redemption
of the party pledge.
"When this breakdown occurred
in the republican party the presi
dent did not come forward and ex
ercise the leadership which was the
prerogative of his office. He did
not take hold of. the reins of party
direction and guide a united party
back to the performance of its cam
paign pledges.
"Instead he was undecided; he
was undetermined; he vacillated; he
permitted the west to believe that
he was counted among the insur
gents, while in the east he gave
comfort to the old guard. Mean
while he drifted and permitted every
tide and every wind of popular
fancy to shift his course; and when
a dangerous shoal was in sight that
intrepid captain gave the gallant
command, 'Come, let us have break
fast together.' "
Senator Wagner recalled Mr.
Hoovers own suggestions for leg
islation to meet unemployment dif
ficulties and asked "what has become-
ol that program?-'
"We have none of this 'funda
mental information." he concluded.
"We have no stabilization machin
ery. We have no system of em
ployment exchanges. And we have
heard nothing further from the
president In regard thereto."
As Senator Wagner concluded his
speech on unemployment. Senator
Fcss, republican, Ohio, announced
he would reply Tuesday.
1MT0
SAVE $500,000
(Cont;.-.ued f.-om pace 1)
of nine dirrctors Is provided. The
eight directors of th? departments,
together with a representative of the
department of education, would meet
with the governor as his cabinet.
To give an idea of the system
which the new plan would supplant
the report says:
"At present the executive and ad
ministrative W. in ions of govern
ment are per.V"med by 74 different
officers, ' boards and commissions.
Then In addition we have 17 state
Institutions, each of which, with Its
administrative staffs, virtually con
stitutes a department In itself. Add
ed to these we have 18 organizations
or societies receiving state aid, but
which, to all Intrnts and purposes,
are entirely independent of govern
mental supervision or control, mak
ing 107 distinct agencies In all.
' By the terms of the amendment,
all administrative offices, boards
and commissions, except the offices
of governor, secretary of state and
state treasurer, are abolished, effec
tive July 1. 1931. All their powers
and duties shall then be transferred
to the nine departments cet up by
the amendment. The state in? tit u
tlons likewise will pas under the
control of one or another of the de
partments where they shall receive
specialized iip?rvtston. An import
ant step In this direction was taken
by the legislature during the last
sewion when it abolished the four
boards controlling th? institutions
of higher education and transferred
their powers and duties to the state
board of hish:r ttfuratkm.
STOCK MARKET
LOWER, GAINS
UPON REACTION
New York(lP) Weakness in United
States Steel, a decline In wheat, new
lows for silver, further drops in cot-
Jon futures all of these bearish fac
tors had their part Monday In caus
ing marked Irregularity in the issues
on the stock and curb exchanges.
Bulls tried various expedients to
prevent a decline. For a time they
bid up rairoad shares with New
York Central the best gainer. Then
the utilities were whirled up, several
making new hrths for the year. To
ward the close, the oils were carried
to higher ground, featured by Hous
ton, . wliich, spur led more than 7
points.
Practically the entire oil list was
up from fractions to more than a
point, the most consistently strong
showing the group has made in
weeks. Oils had in tneir xavor, a
marked reduction In crude produc
tion in California. Best gains, aside
from Houston, were made by At
lantic Refining, Standard of New
Jersey, General Asphalt, Barnsdall,
and Union Oil of CalSOraia.
Trading was active with sales to
2:10 amounting to 2.855,000 shares,
compared with 2 J 59 ,100 in the same
period on Friday.
While the oils were rising selling
went ahead in individual Industrial
stocks. Steel was about 3 points un
der the previous close and losses
ranging from fractions to more than
a point were noted in General Mo
tors, Warner Brothers Pictures, Ra
dio Corporation, Westinghouse Elec
tric, American Can, Fox Film "A,"
and American Telephone. The latter
made a new high for the year earlier
in the day.
Montgomery Ward held gains well
as shorts were driven to cover. To
baccos, some of the special issues,
and a few ol the motor shares, were
firm. Kroger Grocery spurted four
points.
Towards the close American and
Foreign Power regained part ol an
earlier decline and other utilities
were better though still irregular.
American Power and Light rose
nearly 5 points.
LIVESLEY REPORTS
ON CANADIAN HOPS
While the 600 acres he has In hops
In British Columbia near Vancouver
are all under contract and as a re
sult cannot be disturbed this year,
T. A. Livesley, who returned with
Mrs. Livesley Irom Vancouver Sun
day, states that he Is not so certain
what the Horst company will do up
there. That company has 300 acres
and it is possible some of them may
come out or all of them, said the
mayor.
It Is still too wet to get into the
hops up there and with good weath
er it will probably be 10 days before
the land can be opened up," he stat
ed. "Weather conditions were Ideal
while we were up there and the
land drylnr out good. There Isn't
much more to say about conditions,
other than that the hops look now
as though they should do well In
British Columbia the coming year."
DEALERS ASK CURB
UPON UTILITIES
(Continued from pace 1)
the supplies and merchandise of
other merchants nnd jobbers
siinilarlv situated."
It is the contention of the peti
tioners that section 6040, Oregon
Laws, requires the public service
commission to compel utilitiy com
panies to render "separate, and
complete uniform account of all
merchandising and Jobbing sales
covering business other than
slrictiy public utility service" and
that tlie commission has failed to
require such segregated accounting.
T.ie alleged practice of utility
companies maintaining appliance
sales departments- and charging
the expenses of such departments
to general operating expenses Is
characterized In the p?tition as "a
comingling nnd a confusion of ac
tivities which does violence to the
real Fpirit of the laws regulating
public utllties, end a practice which
produces false and exaggerated
conditions resulting fn a visciom
detruction of mercantile competi
tion, and affects-the cost of service
to the general public.
i-unner, tne petition sew forth
that the present method of asses-
sin gthe merchandise stocks ol
utility companies Is In violation of
the "Bill of Rights'; and other sec
tions of the state' constitution in
prescribe the levying and collection
of taxes uniform in the some class
that if "rioe lipithfM- nirmlr nnr
inor uniformly throughout the state
and reiea.ses the said merchandise
from direct taxes of municipalities."
Independent appliance dealers af
f Hinted with the Oregon Merchants
Utility Bureau charge that the util
ity companies arc enabled, by be
ing permitted to charge rales costs
to general operating expenses to ge
paid out of service revenues, to
undersell them and to offer install
ment payment plans beyond the
reach of independent dealers. Un
der such an arrangement, it is fur
ther asserted, losses sustained by
the utility companies on appliance
sales are funded out of operating
revenues.
In a statement to the Capital
Journal W. M. HemtHon. disfict
Tune in on K.V.Eo P.
TONIGHT
1300 Kilocycles firm 11 r. M. lo 1 A. M.
And hear Bob Duncan tell the truth about
Chain Stores
manager for the Portland Electric
Power company In the Willamette
velley, defends the practice of his
company In charging appliance sales
costs to operating expenses as being
a proper expenditure In stimulating
the consumption of power, thereby
lessening the per unit cost of service
to the nubile and preventing In
creases In rates which, he says, could
not otherwise have been avoided In
the face of rising costs of labor a)id
materials entering Into the produc
tion and distribution of electricity.
FEDERAL BOARD
STOPS BUYING;
WHEAT LOWER
Chicago (LP) A bearish construc
tion on the farm board decision to
discontinue buying at Its fixed price
level by both domestic and foreign
markets, sent wheat prices tumbling
on the board of trade Monday. The
greatest drop was in the new crop
months, those months being rela
tively much weaker than March and
May. Local professionals sold ag
gressively and while the farm board
agencies seemingly lent their sup
port at the times the rallies were
few and weak. Corn was sharply
lower while oats were also affected
by wheat.
At the close wheat was 2 to
4 3 -8c lower; com was 1 to 3 3-8c
lower and oats 5-8 to l' lower.
Provisions were steady.
Chicago fP) Wheat prices under
went a decided drop early Monday,
largely because farm board allies
had ceased to buy country run wheat
at the board's loan basis. A bullish
showing made by unofficial esti
mates issued Monday regarding farm
reserve stocks appeared to have been
discounted in advance. Opening 1-3-8
to 2?i cents olwer, Chicago
wheat afterward fluctuated nervous
ly, but rallies failed to hold well.
Corn and oats were also weaker,
with corn starting fe to 9 cents off,
and subsequently keeping near the
Initial range. Provisions were firm.
BELL TELEPHONE IN
. 4 BILLION CLASS
New York (LP The Bell Telephone
system reached the four billion dol
lar class Monday. Its assets as of
December 31. 1S29, were $4,228,430,
088 as compared with $3,626,683,534
at the end of 1928, making this the
first time in American financial' his
tory that any company has touched
the lour billion mark in assets.
The Bell assets were set forth In
the annual report of the American
Telephone and Telegraph company
issued Monday.
American Telephone set a new
record in earnings in 1929 with net
income of $166,189,757.72, against
$143,170.4903 In 1928.
After deducting dividends the 1929
n?t was equivalent to $12.67 a share
on 13,113,746 shares of stock out
standing against $12.11 a share on
11,823.745 shares outstanding at the
end of 1928.
JAPAN NEARING
PARITY AGREEMENT
(Continued from page 1)
the Japanese ex Lending two or three
weeks are said to have resulted In
a complete deadlock. The British
are being kept informed of the
progress of the American-Japanese
conversations.
Meanwhile the experts' commit
tee which has been considering the
class! ligation of special ships has
reached an agreement and its report
has gone to the printers.
Tuesday th? heads of the various
delegations will meet at St. James'
palace to consider Uic report of the
experts committee on the French
category scheme. The delegations
hope that Ambassador Fleuriau will
have instructions Irom Paris which
will enable him to represent his
country at this meeting. If these
instructions do not arrive it prob
ably will be necessary to adjourn
consideration of the proposals until
the French delegates return.
Another question which Is de
nendent on the French return Is
ithat of humanlzation of submar
ines. The other four delegations
have gone as far as they can In pre
paring a draft treaty without the
presence of the French.
Thin, Sickly People
Gain Health Quick
Perhaps you're not sick, but you
know that more strength, energy
and ambition wouldn't do you any
harm.
You don't need drugs but you do
need Vitamins A and D extract
from Vitamin tested Cod Liver Oil
and that's Just what you get in the
new and improved McCoy's Cod
Liver Oil Extract Tablets no drugs
health building vitamins only.
Two sugar-coated tablets equal
one teaspoonful of Vitamin tested
Cod Liver Oil and for every ail
ment, rundown or underweight
condition for which Cod Liver Oil
Is prescribed. McCoys Cod Liver
Oil Extract Tablets are equally as
good. If this was not true we
would not be permitted to make
this statement 30 tablets, 60 cents,
at any drug store in America.
adr.
PETITION FOR
REFERENDUM
ON PROHIBITION
Tor the purpose of puttlnj the
prohibition question before the peo
ple of the country. Charles C. Frank
lin, a representative 01 ine national
Prohibition Referendum association,
a San Francisco corporation, was In
Salem Monday, making preliminary
plans to get petitions before the vot
ers of Marlon and Linn counties.
The plan of the association, which I
win ue put oeiore uio vulci
every state ol the Union, is simple.
Representatives of the referendum
association will be sent into every
state. They will select district Pe
tition circulators. When the coun
try has been thoroughly and system
atically worked, the petitions will
be sent to the San Francisco head
quarters from whence they will be
forwarded to Washington for action
by congress.
Frankun stated Monday that the
work would take nearly 18 months
and that the backers of the as
sociation hoped to have the people
of the United States vote on the
prohibition question In the fall
election ol 1932.
Sixty-five thousand names have
been secured in California, Frank
lin states, while 162.200 signatures
have been secured throuyhout the
nation since January 8 cf this
year. Although but six counties
have been organized in Oregon.
Franklin states he hopes to get men
working throughout the entire state
within a short time.
Franklin will seek an audience
with Governor Norblad Tuesday
morning and will be at the Central
hotel after 6 p. m. Monday to answer
any questions. He states that local
people will be used in circulating the
petitions and that so far 78 per
cent of tlie people approached have
signed.
COUNCIL FACED BY
VARIETYOF ISSUES
f Continued from page 1)
system to the people. Th? bank
ers had not indicated whether they
would consent to serve.
As far as placing the question of
purchase of the water plant on the
ballot May 16. the date of the pri
mary elections, that is believed to
be out of the question now, since
a two-thirds vote of the council
would be necessary. Under the
O'Hara resolution of the meeting
two weeks ago the two council
committees and the city attorney,
with the commutes of bankers
acting In an advisory way with
out vote, were Instructed to prepare
an ordinance to submit to the peo
ple tlie proposed purchase by
agreement or condemnation of the
water system. It was believed this
could be put on the ballot in May.
This has practically been aband
oned. The reason is that when the
question of purchase goes before
the people it must be accompanied
by a plan of purchase and a pro
posed issue of bonds. The com
mittees feel that it wouldn't be
good business to go to the expanse
of making a survey of the value of
the plant with the possibility that
the people might reject the pro
posal, In which case the cost of the
survey would have gone for naught.
In lieu of this the committees are
considerng a referendum to the
people ol tho simple question
whether they want the city to buy
the water plant. This referendum
could be called for by a majority
vote of tlie council. The result
would not be binding on the coun
cil, but Jt would feel, if the people
voted favorably, that it could safe
ly go to the expense of making the
survey. With that done it would
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then, if a two-thirds vote could ba
mustered, refer, a definite purehas
proposal to the people la Norem
ber.
The Bollywood people, however,
are for quicker action and are stu
dying, through a committee the
legal angles pertaining to getting
the matter on the ballot by Initia
tive petition.
Alderman Vandevort, who has re
fused, as chairman of the sewer
commute, to approve a bill sent la
by A. H. Moore, for four manholes
covers purchased from Alderman
Rosebraugh, says be will continue)
to refuse his approval. He is stand
ing on the legal provision that: '
council member cannot sell anything
to the city, and contends that Moors
simply was selling in behalf of Rose
braugh. Vandevort intends to ex
pose the affair Monday night, and
whether Moore's bill is approved will
depend on the action of the coun
cil. The sewer bonds offered for sale
arc intended to meet the cost of the
South Salem sewer construction,
plans for which have been author
ized by the council. The amount
offered is $70,000.
Relative to the fire alarm sys
tem, which Alderman Dancy and
his fire and water committee, in
tend to purchase out of the 2-mill
levy for fire department improve
ment, the Hollywood Community
club has taken the stand that th
system is not necessary and that
the expenditure would be extrava
gant, A committee consisting of
W. H. Henderson, J. H. Vicary and
D. F. Eastburn, has prepared ft
protest that will go before the coun
cil Monday night.
The pretest says it Is admitted
that the system will cost about $95,
000, and that tho cost of mainen
ancc will be several thousand dol
lars yearly. Thi3 expenditure. It
contends, was not contemplated by
the people when they voted the 2
mlll levy.
The argument that lire insurance
companies will reduce the rates In
Salem 2'4 per cent, the Hollywood
people say, docs not figure out ad
vantageously. The reduction would
be so small, they say, that It
would not be noticed.
The protest declares that tele
phone service furnishes adequate
fire alarm facilities. It is declar
ed that-in cities that have had well
established systems for years 90
per cent of the alarms are sent In
by telephone.
The Hollywood club believes the
money should be cxp?ndcd on com
pletion of the sub-stations of the
fire department and in paying bet
ter salaries to firemen. They say
the fire and water committee ad
mits that if tlie alarm system Is
installed it will cause postponement,
at least for a year, of the South
Salem station.
One objection to r.n alarm box
system is that it is impossible to
give the exact location of a fire,
while this can be done by tele
phone. v
As a parting shot the committee
says: .
"As nearly as cm be learned the
company which manufactures and
sells these alarm box systems la
controlled by the telephone com
pany. This committee does not be
lieve that tne citizens oi baiem ie
that they owe the telephone com
pany a $100,000 bonus at this time,'
SHEEP SHEARERS
FIX WAGE SCALE
Pendleton. Ore., 'if Pilty sheep
shearers from Pacific coast state
and Canada, meeting here Satur
day, passed a resolution asking tat
a wane of 15 cents for every sheen
sheared, and board for the shear
er. A similar demand v:c made last
year. Reasons for the demand
were sold to be higher expenses,
more hiahly bred shrcp harder to
.'hear, nnd rhnrttr ob3.
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