Capital journal. (Salem, Or.) 1919-1980, January 28, 1931, Page 10, Image 10

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    pa;f tkn
THE CAPITAL JOURNAL, SALEM, OREGON
WEDNESDAY, JANUARY 28, 1031
BUTTER FIRMER
BUYING STRONG
EGGS ARE WEA
if
It
MARKET QUOTATIONS
Portland 'LP Market undertone
for butter continues to reflect more
er less Improvement here and along
the Pacific slope generally. There
was no further price change for
the dav but the general feeling
rather good. During the last few
days butter has emerged from ex
treme weakness to more than pass
ing steadiness. For the first time
In ft very extended period buyers
were willing to take hold with the
Idea that their purchases would not
be worth less within a few nours.
Such feeling has given the trade
more or less confidence wmcn na
naturally resulted In more or leu
willingness to take on more than
immediate needs.
Undertone in the egg trade con
tlnues very weak as a result of re
peated price slashing by some op
era tors. The Pacific co-ops are
trying to maintain prices here.
General conditions In the live
Chicken trade appear about steady
for the day. There was no change
In prices despite much talk among
killers of a weak tone. All values
re unchanged.
Demand for drefsed turkeys re
valiu surprisingly good in the lo
cal territory. Eastern Interests are
Keenly seeking supplies and are
till bidding the season's highest
values for their storage needs.
While recent receipt of country
killed lamb have been of quite fair
volume, demand remains even more
liberal with resulting strong prices.
Hogs and calves are steady to easier.
Beef is steady with no bulls coming.
Market for honey is receiving a
aetbnck as a result of extreme sup-
plies. Supplies of both comb and I
strained honey are very liberal and
prices are being cut severely.
While prices remain low, a some
what better outlook appears In the
market grnernlly for cheese. Tilla
mook sales to the southern Cal
ifornia markets have been liberally
Increased d.:ring the last few days.
nur supply or Florida oranges
have been received here and the
quality Is excellent. Grapefruit
market in reported steady with fresh
arrivals from Arizona and the Im
perial valley. No change in citrus
prices but lemons are firmed.
Potatoes and onions continue
quiet at low prices.
Columbia river smelt selling well
at cents pound.
rOKTI AND I IVTlM K
PortUnU Cuttle 3&; calves 10
R'trrs ud tli sixk look about stea
dy.
Steers 600-900 lbs good S8 30-19 10,
medium S7 50-au 50, common is 23
7 ij; iwo-liuo lbs. good SBW-19 10
medium 7 50 8 60. common W 2&-
7 M; 1100-1300 lbs. good SttS SB 85.
medium 7 25 SB 25 Hrlfert. 550 850
Ibv Huod 7 50 8 25; medium Sti 60-
7 50, commun 5 50-40 50. Cows.
good H2S 94 7S; cuiiimon-meriium
5 e 25; low cutter and cutler W 50
5. Bull. yearling! deluded. 5 15 75
cutter, common and medium 13 50
SS. Vralers. mlik fed SlooO !0 50
medium SH 50 10 00; cull St common
5 50 S8 C'wltes 250-5OO lbs good to
$5 fl 60.
Hogs 600.
ahade lover.
Bun or ony noes and rotating piga
excluded: ugm lignta io ids a
9 25. light weight 160-180 lbs. Si)
19 25: 1 HO 200 Iba. se ts 26: medium
weight 200-220 101 8 25-89 25. 220
250 lb SH-S9; heavy weight 250-2f0
ion. f 50-aHw; aito-350 io n-sa za.
Packing aowi 275-500 iba. SCW-WOO
week Only scattered sales are being
rrpurtt-d on Ma. low offers on 48 50s
fleece are brma reluaed. Cable re
port to private concerns indicate a
firmer tone at Londuu.
winmi'k; hiii at
Winnipeg Wheat close: May 67;
July 67',; Oct. 59 3 8 Cash: No. 1
hard 63 3-8: No 1 northern S3 3-8
No 2 northern 51, No. 3 northern
KIN FKAM1MO l.lthroK
Ban Francisco iUPi Hogs 750. fully
Btrtdv. fcpoia 10c higher. Two loads
lou-iw iu lainorniaa top. Around
uii iuhu ids. h o latia
few 1)1 iV 247 275 lha S7 74. .VM us
tuuuuuu-iuniiwii 1 yacaiiiif sows s ' d3'9 I oO
I (";.tll lJt Stum i
LOOKS wesa to possioie Pag. medium 964-lb. 18 26, part load
iimiiJiuu-mraium ou-ids. 17 00. Ue
slrable she stock fully steady: two
iuaa ouisunaing flay grain red
725-780 lb. heifers S9 S9 50; odd head
meaium neiiers S7: lew medium 11 ood
1066-1260 lb. cows S5-Sfl; low cutter
ana cutter 13-14 25; odd head good
uuiin bo 43. t-aives iu. no anvrrs 30
Dehlrithle rarint valra mininhlu in
. . uu -vn- 1 fii-fii ou, ftictioy , 011 nean kkxi suu-
10 ,10- ... .. .. lb. calves if) 50; two decks medium 69
oncriJ nw unirranj wui, I ID. UregOIlS 17.26 With 30 Out St 16,
dlum 15 50-16 76; all weluhU. com
mon 14.50-16 60; yearling wethers 90
110 iba medium to choice M-ib&o
Ewes, 90-120 lbs. medium to choice
2 60 93 50; 120-150 lbs. 2 26-93 25
all weights, cull and common 1 1.50
medium-choice ewes quotable steady
st 364 50.
h rHAN( IK( U STOCKK
San Francisco illPi Aitlvitw mi a
largely confined to the oils in early
tradltur on the San Francisco stock
exchange Wednesday. Prices were off,
but Caterpillar proved an eiceptton.
moving against the trend to a new
high for the year at 37V dropping to
7L Ill) 1 (rnm Tiiu1v'b rlou
. Butter guotattons for shipment J Pour thottsand shares changed hands
a country creameries and ViC lb in the first two hours of trading.
Trans-America dropped B to 13 In
a light turnover. Magna vox at 1 6-8
remained unchanged.
POKTI.AMt PKOIUTE IX('llMiE
Portland UP) The following pric
es were named to or eiieciive weones.
day
from
la deducted as cominls&lon
utter, cuue extras 20c: atanarara
25: prime rusts 24: firsts 22.
kicks noultrv nroducers nrires:
Fresh extras 18c; standards 17c. fresh
mediums loc; puiicts iuc dozen.
POKTLAND WHOI KMI.K PHII'I)
Purltiuid L'pt Butlerfftt, direct
shippers track 21: No. 2 grade lbc;
stations. No. 1. 20c: No. 2. 15c. Port
land delivery prices: No. 1 butterfat
22c; No. 2. 17c; sweet 25-25 lb. Port-
.ml.
Milk, buvlnir prices: 91. 60-12 30 per
ceniiti; ronmnn ueiivery aim intpec
lion c giane si ia.
Cheese: Hellmir price to jobbers
Tillitmoolt county triplets 17c; loaf
lie fob. Tillamook. Hrllint: prices to
'nrllmiif rctn Ifris: ir n f. I!) Km I AM
t.ivn n.mlrrv hnvliiLr n, Irrs Iwuvv I'OKTfAMI UIIKAT
hens, colorrd 4', lbs. l-lc: 3-4 Portland "V Wheat futures: Jn
lbs. J4c; under 3 H. 12c. Springs ftll trading 65. Mxy, all trading 68c.
2IW riHistrrs 'Jf old nwiKtt-rs f. ar- Julv. all tr.ldlna 61.
Uucks 22-24C. Ueese 12c, Turkeys 20- Cash wheitt: Big Bend lBuestem
( liH ; ;rIS
Chlcaso t Wheat futures:
Mar. old TM'm 7U', 79 79 (i
" new 79. 79i 79'i 79',
May old 8P, 817, 81',, 81
" new 82s. 82 i 82 C Bat-
July .. 66-66; 66 64 M'fc-'i
casn grain: wncat, no. 1 hard i:
o. 1 northern sunns 77JJ-78JJ: No.
1 mixed 7ii. Corn. No. 3 mixed 61
: NO, 3 yellow 61';-o3U; No. 3
white 64. Oats. No. 3 white 32; No.
white 40'.;,. Re. no salfs. Barley
40-62. Timothy seed W. 75-19. Clover
htea 114 j.i-22 7.-).
Lard o.M, ribs 11: Denies 11
ONION SHIPMENTS
AGAIN UNDERWAY
Quinnby Recovering somewhat
from the winter depression that has
marked the condition of the onion
market shipping has begun In car
lots from Qulnaby Btatlon on the
Oregon Electric and by way ol the
Southern Pacific t Brooks, so that
by planting time the warehouses bid
fair to be cleared out. Prices have
been In keeping with the general
reduction In farm produce, but one
bright spot on the horizon l the new
market for seed, opened up when
the Connecticut Seed company
rented several farms In this section
last fall, planting hundreds of sacks
of onloas of the choicest grade
from which will be harvested seed
this summer. One sack of onions
prduces about 10 pounds of seed,
and as the mild winter allowed the
onions to grow without Interruption
fair profit Is anticipated by the
growers. The seed Is all being
grown on the uplands, while onions
for table use requires the rich low
lands or beaver dam soils.
Salem Markets
Compiled from reports of Sa
lem dealers, for tbe guidance
or Capital Journal readeiav
(Kcvhcd dftllj).
22c.
Dressed poultry, telling prices to re
taller: Turkeys poor to good 25-33c;
ducks 25c, geese 19-20C; capons 30-31'
ID.
Frsh fruits: Oranges, navels pack
ed :)-$ iO; jumble Mock 92 10-12 25
Oraudruit. Florida 9:1 50-M 50: Ail'.
9.1 25: Limes 5 doztn carton t2 50. Ha
mulus tic lb. Lemons, Cultf. 90-96.25.
uauoj.Ke. io :ii l-i .,c io.
Potatoes. Oregon Deschutes 91 60-
91.70; local 9125: Klamath Gems
91 50: Ynktnm 91-91 50 cental.
New potatoes, Texas Triumphs 92 25
neca potatoes. local a-a'c id.
Onions, selling prices to retailers:
urrcon Ko. 1 ttrade BO -Hoc.
Hothouse rhubarb. Washington xf
91.15-9125: fancy 9105-9110; choke
bo -use ij-id box; Oregon No. 1 11.50;
NO. 2, 1125 box 20 lb
Artichokes 11 25-91 65 doz.
Splmtrh. local 91.25-91 40 orange
box Cranberries, eastern 919-920 bb).
Celery, fancy 65-80c doz.; CnllW.
9125-91 50: henrts 9125 doz. bunches.
Bp 11 PcDorrs. ureen 16-20c lb.
Sweet potatoes. Calif. 3I-4IC lb.
Eastern 92 25 bushel.
Cnullllower. Ore. 91-91.50: Califor
nia 11.25-91.35 crate. Garlic, new 8-10c
lb.
Tomatoes, Hothouse. 94 65-95 crate.
Mexican 14-14 50 luu repacked.
Leltttrp, Imperial vnl. 92.75-93 crate.
;ouiury meats: Beinng prices 10 re-
tnllers: Country butchers, under 150
lbs. l2'-.-lJc: vca ers. vo-hu ins.
14: lamna 14U-15c: vearllntfs 8-10c:
Heavy ewes 7c; canners 6-7c; bulls
9-10C
soft white, western white 60;
haul winter, northern spring, western
red 03.
On la. No 2 3B-1D. White V2i
Wednesday's car receipts, wheat 47,
bailej l, flour e. corn v, nay i
t inri;n i n estock
Chlrairo 1-11 cU. S. D. A.i Hoes 2ft.
000; slow: mostly 10-15c lower, flood
and choice l3U iu ids. siuon.iu;
ton 98.10: 220-290 lbs 97 10-97 75.
Cattle 11.000: calves 2000; blcldlntr
25c or more lower. General demand
ilUKtrlMi; BlaURhter cattle ana veai
tk steers, nood-cholce 600-1300 lbs
$9 50-91125: i:i00-1500 lbs. 9U. 75-913;
venlers. milk fed. Kood choice 910-912
Sheep 11 000, slow, mostly sicany
rh.iirp Iambs too 19 50: bulk 99
Lambs 90 lbs. down, good-choice 98 75
to 99 50; 91-100 lbs. medium to choice
97-9U 35: ewes 90-150 lbs. medium to
choice 93 50-15.
ROGUE RIVER FISH
BILL IN SENATE
(Continued from page 1)
Rogue river. Closing of the river
to commercial fishing, he said,
means more financially to Gold
Beach and other districts on the
lower river than does commercial
Demand for root vegetables is fair- Senator Bennett of Multnomah
ly active on the emit side farmers' county defended the bill, While Sen
market with prices generally main- Franciscovlch of Clatop coun-
volnm.. Cabhau. remain, vrak with tV IOUgni H. MC SK1 '""
not a toes su-adv. nrotected from the commercial aC'
uenerai prices mien: tlvltles by net regulations in me
Carrots and turnips. 35c dozen i. , mii
v. i j,-r. i,,.. ui k i.n Komie. lie aeciareu um wre uu.
HIV-a I Rffis Ah.ttir ilrar. hum lira I min ill-timed herftllSe of the DrCS-
lugs 46.-, lent period of unemployment ana
Pottes. local, lame fiOc-91: small I . . .. .v..
65-7BC cantaloupe box. 1125 sack. because OI tne vote oi ww PH-
Cabbage, flat type 00-5c crate, red. in Novemoer againsi cionuig
Parsnips, bulk 45-50C Iuk. KaUIshes. i., m,. h aAlrl. would
...r".. ,.J-.7 L. wuia M famlUes out of a Uveu-
91 25-ai ho doz. bunches, celen- roots hmvl
60c do7. bunches -introduction of this measure In
Cauliflower. No. 1. 91 10 91.13; No.
larm boc: Lh Rnainr Miller of Josephine coun
ty, leading proponent oi me dui,
3A
Apples, Jumble pack,
smalt a0-35c box.
Broccoli, green Italian S0c-l lug.
lU'V KItS' PRirFS
Wheat, (unscreened! No, 1 wbltl
12c; red. sacked 49c bushel.
Feed oat 910 ton; milling oats 930;
barley 919-920 ton.
aleats: tiuus. top grides 130-160
lbs. SH 50: 160 200 lbs. SH 76: 200
250 lbs. 18 60; 250-350 lbs. 97.50; sows
1'.
Cattle, top steers B',-?: cows. -9lAc;
coils and cutters 3-3c.
Sheep, spring lambs 67-6c: year
ling wethers 3V4c: old ewes 2-3C
Calves, vealers, top 7-9c; heavy and
lb ins 4 5c,
Dressed meats: Top veal 12c; No. 3
grade 11',: rough, heavy 10c and
up. Top hogs 120-160 lbs. 12',,c lb.;
other grades 11c down.
Poultry: light to med. hens 813c
ID.; heavy hens lvc. Old roasters 7c.
Turkevs, No. 1 dressed 26-27c lb.;
Mo. 3 10c; live 23c. Geese, live 13c;
dressed 16c lb. Ducks, live Mallards
13c: Feklns 16c lb.
Egg", medium 11c; standards 13c;
fresh extras 14c.
Butterfat 22c; prime butter 2B-39C;
lube extras 25c; standard cubes 24c.
Cheese, selling price: Marlon coun
ty triplets lt)c; loaf 20c.
miOI,t:8AI.K MARKETS
Fresh fruit: Oranges, navels 93 25
96 50; lemons 96-97: bananas 6',c lb.
Orapcfrult, Arlr. 93 50: Florida 94-
J4.50; Calif. 93 50. Apples, OOC 91.28.
lines, 92 50 carton.
Cranberries t bbl. 910.
Pomegranates 9l 2ft lug. Bulk
dates 8'jC It). Cocoanuts 97.50 sack,
11.10 ooz. rrrsimmons ii.du dox.
Fresh vegetables. Tomatoes. Met
lean 94 76: hothouse 93-95: Lettuce,
Calif. 93 60. Cukes, hothouse 76c to
1.66 dotr. Celery, dozen 80c-ll 60.
crate 16 50: hearts 90c; Cabbage 2c
Oreen peppers 2N: lb Spinach, Calif
93 60 crate; cauliflower. 9175; Calif
91.76. Squash. Mnrblehead 3c; Hub
bard 3'jC; Danish 3c. Peanuts 12c.
Artichokes 91.76 doz. Brussels sprouts.
Csl. 15c. Eggplant 15c. Mushrooms
6c lb
Calavas 96 50 rase of 3 to 3 dcaen
Rhubarb XF 91 65; fancy 91.60; choice
1 25 crate of 15 lbs.
Bunched vegetables: dozen bunches
Turnips 00c; parsiey ouc; carrots ou
beets 60c: onions 40c: radishes 60c
Sacked TegeUbles. potatoes, local
tl2b: Vaklma 91-25-91.76: Ore. No.
92. seed 92 50-92.76. Onions, Yakima
91 40: local 75c; sets 7c. Carrot 2c
lb. Bets 2',c; nitabagas 3c; turnips
3c; parsnips 2d,; garlic 12c; sweet
potatoes 4'iC lb.
WOOI, MOIMIR
Market nominal. Wool, coarse 13c:
medium 16c; lambs 14; mohair kid
32; long itaplt 18c lb.
nntwiihstAndina the fact that H
was voted on In November, lor ine
reason that the ballot measure was
a constitutional amendment wnicn
was obnoxious to many persons who
otherwise favored the bill
Prior to the election tne ienerai
bureau of fisheries signified It In
fancy 92 25-92 50; Spitzenburgs, xf. tention to spend $35,000 for new
92.10-92.40; fancy 91.75-lt.fl0. Bnnie ,,,. . nn Ha iaw-- nnmw. but
RAN FRANCISCO APPl.Kft
Ban Franclscu (Fed -state mkt.
news service). Aooles. California New-
towns, loose 91-91 35 box: packed, fan
cy ii.au -12; sman lower, ueucious.
packed, fancv 91.50-91.00.
Oreuon Snttrenburgs. xf 92.10-92.40:
jancy si. 3-11.no.
wiisnington. uenciotis xr. vj.io-vs;
Beantie, fancy 91.76-9190. Wlnesaps,
xi, f.s-B.ou; lancy fi.wu-i.u,
1IV. ( M AKA ItMlK
Portland 'A Hay, steady. Whole
sale buying prices delivered Portland:
Eastern Orison timothy 922 60-923:
valley 919-9IP60: alfalfa 917-918: clo
ver 916; oat hny 918; straw 9" 98 ton.
Belling prices 11-12 more.
Casrara bark, steady, 6c lb.
when the result of the election be
rnme known notified us by wire
that it could not make the expendl
ture as long as the net remained In
the Rogue.
This Is a conservation measure
question of the preservation ol
fish life in the stream. It la not.
t t !.((: nf innrl nrlmnrilv
'Kirir i-iti . iiiii'i 1 . , . i.
New urk i- -Evaporated apples "O" directea Bl tne commrriiw.
elimination of fish life in the Rogue
Is threatened.
In Alaska. Washington and Cal
ifornia nets are not allowed In the
fishing streams." Miller aid. He
conceded that some fish are lost in
Irrigation ditches and that thou
sands are killed in turbines In the
Steady, choice 10; fancy J 1-1
Prunes steadv. Calif. S-10U: Ore.
O-B1. Apricots steady, standard
choice 12: extra choice 14S.
Peaches steadv. standiird 71.: choice
8; extra choice 8',.
Hops, steady. State 1930. 19-21: 1929
15-lHc, Pacific coast 1930. 19-33; 1929.
10-la,
M TS; HOPS: noOl,
PortlatMl iUP Nuts, Oregon wal
nuts is -36c: peanut 12c lb ; Brazils river, but declared tnis was anaea
ib-w; njmons i4-io',sc; inoerts 2u- reason wny tne net snouia dc re-
I!. croo ,o mowd. HerrcHl that .the flr.1
15. ID,-. rommerciRl runerman in ine KOKUt
Wool. 1810 rroD. nomlml. w lm- nllnweri 40 ner cent ol Ills eaten
v"' 3C '" lo rscnor. "But now." he added.
N rmviisi ii niTTiHiAT "mled by avarlee and greed, they
Han Fi-huc-ikco uT) Butterfat f.DB nllnor nnne nf them to Bet awaV.
8n Pralicuco J4c. There la no ouestlon about the de-
san mwrisro iiaihv pinion ot (ih life on the Rogue and
Ban Frftiuiwro tupi litiiter. VI It has been necessary to transfer
com lie. HI score 24',: 60 score 34. ... .nH frv from other streams to
Euua. eitruB. larse 301.: nieOlum I . .. ...
18'..: small, id', c. restore uiat nver.
chceae. cal lorn a. isncr fists and Miner s soeecn was inierrupiea oy
irmicis adiournment unt 1 1 o clock.
passed
MILLERS TO BUY
WHEAT SUPPLIES
OF FARM BOARD
Toledo, O. iAr, Harold Anderson,
president and general manager of
the National Milling company, aaid
Wednesday that the virtual corner
of domestic wheat supphea in the
hands of federal farm board agen
cies, together with price pegging
tactic employed by tnese aitene.es
on the Chicavo board of trade, has
forced his company to revolution
ize Its buying and pricing policies.
Starting Immediately, Mr. Ander
son said, the National mill, largest
soft wheat consumer In the world,
will clean up all privately owned
grain In its storage tanks as well
as Its hedges In the Chicago mar
ket. This accomplished, he said, the
mm win depend on the farm board
for wheat supplies' and base flour
prices on farm board wheat prices
until the new 1931 crop is available
in July or August.
Sources other than the farm board
agencies very shortly will have but
negligible amounts of wheat avail
able for milling, Mr. Anderson be-
heved. He said millers generally
una muc cnoice otner man to de-
pena on tne farm board for sup
plies. Hedging facilities, he said,
are temporarily ruined and flour
prices through necessity would have
u oe cased on governmental wheat
prices.
Mr. Anderson said no definite pol
icy with respect to the 1931 wheat
crop could be arranged now due
to the lack of a definite farm board
policy with respect to the new crop.
The National Milling comnanv
consumes nearly 10.000.000 bushels
of soft winter wheat annually and
Is the principal single outlet for
grain grown in Ohio, Indiana and
Michigan.
BILL TO PENALIZE
TELEPHONECOMPANY
'Continued from page 1)
COLLARD HOME FROM
SAN FRANCISCO VISIT
Clear Lake W CollVd of
Minion Bottom returned from San
Francisco the last of the week alter
several days' visit with relatives and
friends of that plai-e. He visited
cousin that he had not seen for 19
years. He reported a nice rain while
he mas there that was very much
appreciated as it has been very dry
mere all winter.
STOCKS RALLY
LATE AFTER AN
EARLY DECLINE
nett Introduced a bill stipulating
that in any city where a utility is
operating without a franrhip nr
under an expired franchise the gov
erning body of the city shall levy a
tax of five per cent upon the gross
earnings of the corporation.
"This bill as applied to the tcle-
pnone franchise situation in Port
land," said Bennett, "would compel
the city council to levy this tax
based on the gross earnincr revenue
of the telephone company. For
1929 the gross earnings were $5,172,
613.11. Therefore, this tax would
return to the city treasury some
$250,000 a year. If the people of
Portland will actively support this
bill their troubles as far as fran
chises are concerned will be over."
While no definite information as
to the number of instances over the
state where utilities are operating
under expired franchises was avail
able here Wednesday, It was shown
that there are many such cases In
the smaller cities.
HAY DEMAND DULL
ALFALFA IS LOWER
New York (LP) A alight rally oc
curred In the stock market late
Wednesday after the list had been
depressed 1 to 7 points.
According to preliminary calcula
tion the Dow, Jones and Co., Indus
trial average declined 3 87 points to
166.95 and the railroad average 1.38
points to 107.86.
Sales for the session totalled 1,-
600,000 shares, compared with 1,-
601,720 shares Tuesday,
Auburn made ft swift recovery of
5 points from lis low of 1304 In the
late trading following a statement
by E. L. Cord, president, that the
company had not conducted pool
operations. Cord said the stock
probably advanced In recent ses
sions as a result of stepping up of
production schedules from 10,000
cars for the first flvem onths of
1931 to 19.900 cars.
The rise In Auburn was not dupli
cated by other shares which rose
only small amounts from their lows
and then lost most of the apprecia
tion. The market generally closed
lower.
The list ft as under the influence
of the bond market where U. S.
government issues were brought
down due to congress debate on the
war veteran.1)' cash compensation
bill.
Secretary ol Treasury Mellon prr
dieted a treasury deficit and said
a huge bond offering to pay the
veterans compensation would injure
security markets and increase scope
of tne depression.
U. S. Steel reacted on its poor
earnings statement for the fourth
quarter of 1930, showing only 27
cents a share actually earned. The
report, including non-recurring ex
tra income from income tax re
funds, showed earnings equivalent
to 70 cents a shore. The street
had estimated the corporation would
show 30 to 40 cents in the last quar
ter of 1930 and hence the state
ment was under expectations.
Steel dipped to 139';, off 3. and
closed at 140 V off 2. Other lead
ing Industrials dropped with It.
Rails were sold all day, having
lost their strength of the recent
sessions. Leading issues lost 1 to
3 points.
WHEAT VALUES
SHRINK IN LINE
WITH OTHERS
Chicago (IP) An unceasing trick
le of selluig orders ran through the
com pit on the board of trade Wed
nesday and bore the prices down
to new low levels for the season for
all deliveries and to the lowest
prices since 1922.
The close was sharply lower. The
market averaged lower from the
start and at no time was there any
Indications of ft sustained rally.
Wheat was alow with most of the
trade in July, that month declining
sharply hi sympathy with corn.
Oatssagged with com. Rye went to
new low levels since 1894.
At the close corn was 2's to 2
cents lower, wheat was U cent low
er with July off Us cents, and oati
were to vi cent lower. Provi
sions were weak to unevenly lower.
Chicago fF) Influenced by fore
casts quantities of w heat on ocean
passage would shortly assume niucn
larger proportions, grains under
went early price setbacks Wednes
day. Argentina, Australia and Can
ada were in position to furnish
wheat supplies freely to Importing
countries. Starting unchanged to
3-8 off wheat afterward continued
to sag. Cor nopened '-7 down and
subsequently held near the initial
range.
HOUSE PASSES PORT
OF PORTLAND BILL
(Continued from page 1
VICTIM UNABLE TO
IDENTIFY ASSAILANT
(Continued from pftge 1)
Portland Pacific northwest
alfalfa markets are barely steady to
slightly lower, reflecting continued
dull demand in this area, according
to observers for the department of
agricultural economics. Portland
dealers are reported quoting $1650
to $17.50 a ton, 50 cents below &
week ago, for U. 8. No. 1 grade.
Price at Hermiston is reported
around $11.50 ft ton, f. o. b.
DRIED FRUIT MARKET
IN FINE CONDITION
The dried fruit market is in very
good shape here on the coast, says
the California Fruit News. For the
time of year, packers consider that
good business is pa&sing at the
prices in this line and have no fears
of the future. In f.tct, even the low
priced prune, while quotably un
changed, Is being groomed for bet
ter things, apparently. One import
ant dealer In California said that he
prefers to have prunes In his bins to
money In the bank just now. Price
changes In Items under toil head
during the week are not Important
for the most part, outside of raisins
and figs and northwest Italian
prunes.
the
HICiNS OF 8PRING
Hopmere The robins are here for
spring. The birds are singing. The
pussy willows are out, and tlx fields
of grain arc growing green.
RN FRiM lM O POI I TRY following 011U
Ban Francis o illp Leshorn hens, senate Wcdnefdav:
all sizes 17-18c: colored hens 6 lbs. ru ik hv i?ronrii,vlrhRilat
ami over -ji-jjc; under 0 ids. J3-3r; . " tn nftiM nf
broilers. Leghorn. 1217 lbs per down in ,lllm acanclea In offices of
3in is lbs. Der diw and ud -iac rni-Icountv treasurer, assessor, surveyor
orert fryers up to 3 lbs. 29-31. Leithorn and commissioner.
IS.'., or.rl "J Prclscovlch-Relatin,
Leghorn roisters 12c; colored roosters to filling vacancies In offices Of
la-IDC. nirsejt young, uvt 26-mc, county sheriff, clerk and coroner.
..dti .vi. v! ... I SB 59, by Senators Crawford and
lMrtiaivd ursiisr. steadv jtitrked Bailey and Rr-eaentatlve Angell
bssts. cane, fruit or berry as per Providing that summons may be
Ct Beet Bllgsr S BO CWt. rv.t vln. nrMlH.nt tnH i,UI
Family patent-. 40s 4 80: whole "1 0hler ftS well ftS Otncr Official
wheat S4 70; (rraham 94 SO; Bakers' of private Corporations.
hard wheat BSs. 6 20: bakers' blue-1 on tt k e.na i-MVir mnA
Ji'ffi. PU"U tS M; "'" "our " Rpit.tle Anwll - Provldln,
mat chattel mortgages neea noi dc
'rriMoi uti urn riwitfr: mrt. 1 ... . , .-, :
opn. hlsh 60S; low S9 3 tV close oi, uy uihuii v.iimn uira
M . Miiy. open, hlsh 81
July,
clue 03 3 8
Mi J. uiii-ii, man oi l, j
July, open, high 63 ft-8, low.
low. close of circuit court terms In Benton
county.
SB 71, bv Senators Eddy. Kiddle.
Boston noni. iSlraver. Btanlrs Brown. Schutmer-
BoSton (UP) The finer STSrteS Of t-H nurd. ITnlnn anH WnnHnnrri
TO LIMIT ROUTES
OF SCHOOL BUSES
School districts are prohibited
from establishing a route or oper
ating a bus for transportation ol
high school pupils beyond the limits
of the district under terms of a bill
introduced by Representative Tomp
kins. Violation of the act would re
sult In withholding any funds for
that district from any county high
school tuition fund.
Conflicting transportation routes
may be changed by a special elec
tion of the district if 35 per cent of
tne voters of ft district not main
taining a high school transportation
route petition the district boundary
board, signed by not less than five
residents, under another bill by
Tompkins.
crooked gamblers effected his ar
rest.
According to the story Hinch
claims' that he was to have caused
suits to be filed agaiast the gamb
lers who had fleeced him out of
most of his own money, and who
had al.so bilked Oscar Singert out
of $6,000.
The story says that Hinch knows
nothing whatever of the attacks al
leged to have been perpetrated upon
Mrs. H. W. Howard, who claims to
have evidence In connection with
the cases of Nelson C. Bowles and
Irma Loitcks, charged with the
murder of Bowles' wife.
"I know they haven't anything on
me In the Howard deal because I
never heard of her,", the story quotes
Hinch as saying. "But they'll charge
me with vagrancy and give me a
90-day sentence, provided I leave
Portland, making it impossible for
me to appear against the gamblers."
PROSECUTOR TO AID
IN BENTON CASES
A special prosecutor will aid In
the prosecution of Benton county
cases. It was announced Tuesday
night by the governor's office, fol
lowing ft request on the part of
County Judge Moses of Con-all Is
and the foreman of the county
grand Jury. The two men presented
their request to the governor as a
result of icent alleged liquor and
vice activities In Benton county.
The recent murder trial In Cor-
vallis, the delegation Informed, has
resulted In the disclosure of several i
cases of liquor selling and hijack-1
lng, approaching proportions of or
ganized Industry. The special prose
cutor has not yet been named.
mi-ssioners by the people eventually
and would take the matter out of
the legislature.
Final roll call on the bill was as
follows: Ayes Allen, Anderson,
Andrew.", Angell, BronauKh, Bynon.
Chindgren. Chinnock, Day. DeLap,
Deuel, Eckley, Gouley. Hamilton,
Hellberg, Hill. Howard, Johnson
Knapp. Lee, Manning, McCourt. Mc
Cornack. McGraw, Mott, Nash, Nor
ton, Oxman, Proctor, Stewart, Scott
of Umatilla, Smith of Hood River.
Snell, Swift, Taylor, Thornburgh.
Wells, Yates and Speaker Lonergan,
Nayes Fisher, Gill, Glass, Gor
don, Jannsen, Keascy. Lawrence
Lewis, McAllister, McPhillips, Nich
ols. Peters. Schaupp. Scott of Mor
row and Umatilla, Smith of Mari-
Stockdale, Temple, Tompkins
and Wcatherfoid.
Absent Macpherson 'excused-
Temporarily, at least, the conflict
over the port commission problem
wnirh Governor Meier has made an
administration Issue by his insist-
ance that he be given the power 01
appointment has shifted to the sen
ate witli a situation existing that
bids fair to create a deadlock and
leave the selection of commissioners
for the district with the legislature.
House bill 73 when it reaches the
senate will be referred to the Mult
nomah county delegation for con
sideration. The delegation already
has belore it th Crawford bill,
providing for the appointment of
the four commissioners going out
this year by the governor and elec
tions in the future.
There were indications Wednes
day that house bill 73 will come out
of the delegation In the senate with
a divided report, four favoring
Its passage and three signing a mi
nority report against it. The
Crawford bill will likely have the
4 to 3 committee report against Its
passage and, as In the house, the
fight on the floor will probably be
made on an attempt to substitute
the minority for the majority re
port. Should the senate accept the
Crawford bill its defeat in the house
is practically assured, as it would
require 40 votes to get the bill be
fore the house for consideration un
less the rules should be amended.
The hou; rules forbid the consid
eration of any bill embodying tne.
same subject matter as nas oeen
contained in a measure previously
considered and defeated without
the vote of 40 members.
The text of the Crawford Dill
is the some as that of House bill
29, killed in the house by indefinite
noslDonement Tuesday.
Should the senate accept and
pass house bill 73 It will then go
to the governor ana me issue win
be placed squarely up to him, with
no prospect that It can be carried
over his veto if he desires to wield
the executive axe.
In fact, there Is no particular In
clination on the part of the spon
sors of house bill 73 to attempt to
pass it over the veto if the veto is
exercised. They are, they allege,
sincere in their efforts to take the I
port commission squabble out of ,
the legislature and to confer upon
the people of the district the right
to elect their own commissioners.
'If Governor Meier wants to take
the position that the people are
capable of filling ntlsfacorily such
oft ices as he fills, but are not qual
ified to pick their port com iiils lon
ers he la free to do so without any
Interference so far as I am con
cerned,'' said one champion of bill
73.
In tlie lobby there was con-jder-able
division of opinion as to whe
ther the governor will veto bill 73
If It Is parsed up to him. If he does
and the legislature re l uses to ac
cept the Crawford bill, width Is
nracticallv certain, members ol tne
Multnomah county delegation UI
atk for ft joint session of Die lioo.se
and senate to elect the four com
missioners whose terms are expiring
under the present statute.
Wednesday morning, however,
there was some talk of a compro
mise which would embody enact
ment of house bill 73 with agree
ment between the governor and the
members of the Multnomah delega
tion on the names of the four com
missioners to be selected this year.
The governor had nt ceased to
battle Wednesday for his demand
that he be allowed to appoint the
commissioners and during the morn
lng eight members of the senate
visited the executive office for con
ferences, most of them by summons,
and there were intimations that the
irovernor la not vet ready to with
draw his demand for enactment of
the principle Involved In the Craw
ford bill.
Reports current Tuesday about
the legislative halls that house bill
73 was to be killed by design m
the senate in order t o create ft
deadlock and preietuate the pre
sent system of naming commission
ers by the legislature, were flatly
denied Wednesday by members
whotsc names are on the house bill.
They declared that they placed
their names on the bill mith the
definite understanding tfcit every
possible effort was to be made to
pass it by both the house and
senate.
Tun of ft posfcible compromise
between the executive and Uie leg
islature was given some color Wed
nesday morning by th appearance
around the state house of Hurry L.
Corbctt, a member of the port com
mission for several years and presi
dent of the senate during the 1929
session. Corbctt's activitiy about
the two houses during the day was
indicated to be of a conciliatory j
nature inspired by a desire to pro
tect the port from the embarruss-
ment of a political controversy
MODIFIED DECREE
IN HUBBARD CASE
A modified decree has been ren
dered in circuit court in the cate
of Lawyers Title & Trust company
against Hubbard Mineral Springs
and others. Under the decree the
legal title to the springs passes to
the title and trust company. The
springs company Is found to be in
default on $60,000 worth of bonds
and the plaintiff as trustee Is U
recover from the springs company
H. Peterson and R. P. Landis for
the benefit of the bond holders.
Also interest amounting to $5,911.14
$750 n attorneys fees for the trus
tee's attorney; $1293.56 advanced by
the trustee for Issuance; $2040 for
attorneys fees; 1U2 lor F. a. Ep-
perly; $500 for Edwin S. Wolfer.
The mortgage Is to be foreclosed
and the holders of the bonds are
placed at sixth In the list to have
their claims satisfied.
DRAMA LEAGUE ON
ELSINORE STAGE
"Belinda". sparkling three-act
comedy by A. A. Milne, will be pre
sented Wednesday night at the
Warner Bros. Elsinore theater by
the Salem Drama league. The cast
Includes Genevieve Thayer, James
Beard, Frank Alfred. Wesley Oor-
don and Eleanor Henderson.
The play will be given In con
junction with the regular screen
feature, "Sin Tokes a Holiday." It
Is the most ambitious plnv present- i
ed by the local group of little thea- j
ler enthusiasts this wln'.er.
A Great Blessing to the
EAF
You are cordially invited to attend introductory
demonstration pf the most advanced hearing aid
SANATANE
With the aid of the SONOTONF, a natural reproHttctioa
ol voice and wiasie msy be enjoyed at borne, church,
theatre or "talkies" even by the severely deaf. Quite in
flonsptcuom, this latest type hearing aid gives an amaaiiigly
powerful and distinct amplification of all sounds.
Tlie SONOTONK will be exhibited for the first time in thh
city by Dr. J. E. LORENZ. representing the SONOTONE
CORPORATION. Consultations and demonstrations, with
out obligations, will be held at
HOTEL MARION
FRIDAY, JAV. Mth, BEGINNING AT 1:3 A. M.
VARSITY SENIORS
WIN SCHOLARSHIPS
Two students of Willamette uni
versity have received the highest
honors conferred on seniors at the
school In many years, according to
word received here late Tuesday by
Registrar Tennant. Raymond Wad-
dell, son of Mr. and Mrs. Waddel),
539 Statesman street, and Arthur
Houenberg, son of Mr. and Mrs.
R. V. Hollenberg. 292 North 20th
street, have been notified that they
have been awarded teaching fel
lowships in New York university In
tlie department of physics.
waddeil and Hollenberg, who
have been majoring In physics, will
graduate In June from Willamette.
They expect to leave In August for
New York where they will work for
their master's and doctor's degrees.
The two young men selected
ranked the highest 1n a field of 40
candidates, the announcement states.
A third student, Curtis Reid. ft
graduate from Willamette with the
class of 29, Is at the present time
holding ft teaching fellowship In
the physics department at New York
university.
Registrar Tennant savs the
awarding of these honors to Wil
lamette students reflects great
credit upon the head of the depart
ment, nr. E T. Brown.
LIBERTY LOGAN
POOL SOLD AT
5 CENTS PLUS
The valley loganberries were fin
ally cleaned up last week when the
lance Liberty logan pool was sold.
Tlie independent tonnage has been
pretty well picked up lor several
weeks at a nickel which with the
exception of one year, 1929, has
been the prevaling price for ten
years. It was pretty well understood
between canners and pool d tree ton
hat the price this season would be
five cents plus the usual 3 per cent
handling charge. In fact, there were
mfficient options out on both the
Wood bum and Salem pools by
various canners to take these crops.
The Salem pool could not sell be
fore its annual meeting which oe
cured lo.st week in which the same
directors were elected. It was ru
morcd that the Oregon Packing
company, which, had bought ft por
tion of the Salem pool in 1930, was
not among those favored with op
tions. This concern, says report,
immediately put in ft bid wX five
and ft quarter cents ft pound for
several hundred tons which crested
consternation among the other can
ners ho had bid five cents. Llbby
McNeil & Llbby. by far the heaviest
packer of logans In the deal quickly
(juktd up four hundred tons ftt
Wood burn and then forced to meet
the Oregon Packing Co. bid at 8a
lim took on its remaining require
ments here at the higher price. Two
concerns dropped out and the pool
was Mild t these two canners with
a third eomern rataining an option
on a small unsold balance.
Tlie Oregon Packinc Co. has put
out a total of 250 acres or logans
on term contracts on what Is called
86 nei cent of the market"
contract. Part of this tonnage is In
the West Stnyton district and the
balance in the Monmouth district
"Hill bi about as much acreage as
this concern packs so It is common
knowledge among growers that the
Oregon Packing company's re-
nuirt ments will be taken care of in
a year or two regardless of Inde
pendent or pool tonnage.
Ray Maling company has ap
parent ly withdrawn from active
blading for all of the Wood burn
pool as in the past.
Libby having contracted ft large
portion of the Ettersberg straw
berries and the logans there. The
Hubbard pool was purchased again
by the Starr Fruit company at a
reputed price of five and ne-quar-ter
for logans with Held Murdoch
of Salem takin? the soft straw
berries from Hubbard.
In face of the cutting down of
the pack requirements by several of
the larger canners in the vaucy on
logans and the apathy existing
among the trade the bomb ex
ploded by the Oregon Packing
company cannot be explained ex
cepting by the fact that this con
cern, realizing that It was too late
to pick up the tonnage required for
its reason's packs from independent
growers, simply paid tlie price to
insure its pack. Many growers have
publicly expressed a hope that lo
gans will not go much above the
five cent price as a higher price
will cause ft heavy new planting
thus forcing down the price again
in a few years as has occurred sev
eral time:; In the past.
Growers report excellent pros
pects for a large logan crop as the
danger of a hard spell of weather
is pretty well pas and the canes
are long and thick. Ar early season
is evident which usually means
increased, berry yields. A late season
throws the major portion of the
harvest into the Intense heat of
early July reducing the marketable
tonnage heavily.
INTRODUCES BILL TO
LICENSE CHAIN STORE
A bill to license and define re
tail chain stores in Oregon, ru
mors of which have been heard
every since the session opened,
made Its appearance In the lobby
Wednesday morning in the pos
session of Elton Watkins, former
con pressman, who announced that
it would be introduced In the house
within a few days.
The bill defines chain stores as
any two or more retail stores or
sales establishments operated un
der one ownership, requires the
licensing of all such stores by the
.secretary of state at an annual
fee of 1100 per store, and provides
penalties of from $50 to $1000 for
violation of tlie act.
Retail gasoline stations, already
taxed under other statutes, would
be exempted.
Your Money
In this day of fluctuating security markets
it is sometimes as difficult to keep money as
to make it.
First Mortgage loans offer an investment
unaffected by fluctuating security market
and yield a higher axerage rate of income.
First Mortgages offered bv HAWKINS A
K0BERTS, INC., are available in various
amounts and are secured by carefully select
ed improved property.
We have mortgage collateral bonds available
in multiples of $100.00.
We invite your inspection
Hawkins & Roberts. Inc.
INVESTMENTS LOANS INSURANCE
Telephone 1637 Salem, Oregon