PAGE EIGHT
THE CAPITAL JOURNAL. SALEM. OREGON
MONDAY, JUNE 1, 1931
BUTTER STEADY,
EGGS WEAKER;
MEATS SLOWER
Portland (IP) Greatly Increased
production of butter during recent
weeks In the country generally Is
not having any weakening effect
upon the trade situation generally.
The Increased production in butter
throughout the country has been
marked for many months but con
tinues to reflect this condition de
spite weather conditions which
would usually cause a great decrease.
Trading in the egg market is rela
tively weak. The recent advance In
the price of extras here appeared
more of a forced affair than any
actual need of the market. Any Im
mediate future advances In that line
are expected to be of similar char
acter. Over the holiday there was prac
tically no changes of note in the
market for live chickens. It will take
the trade a day or so to find exactly
where it stands. Holiday demand,
however, was better than expected.
Genera slowness is reflected In
the market for country killed meats
here. No changes of moment are in
dicated as usual for tl.-? week's op
ening. Some carryovers were report
ed. First Telephone peas of the season
were reported In by Ralph Mc
Laughlin of the Pacific Fruit. The
stock was of fairly good quality.
General pea market Is about steady.
Telephones around 6-7c lb.
Price of lemons shows a fairly
sharp advance here as a result of
rises in California. Hot weather us
ually sends lemon prices skyward,
although prevailing values are con
sidered low considering the season.
First of the season's new red on- !
Ions are In from the Stockton dis
trict and show good quality with
ales around $2 sack. Old Oregons
re scarce and firmly priced 1.7f
with wax holding rather well around
2 crate.
No change of Interest is shown in
Uie potato market either for old or
new crop. Most mips of California
new crop are around 2-2 lb. This
applies to both red and white. Old
stock moving fairly well but only
locally.
Lettuce market Is active locally
with prices rather firm.
New crop beets and carrots arc
showing a good movement.
Cantaloupes are down about 25c
crate again with mixture of quality
and price. Small oranges are show
ing a further general price loss.
Somewhat better quality green
beans offering from the south; sales
$2.50-$2.79 hamper.
California Is quoting Triumph
K caches and some are soon expected
ere. Watermelons are cleaned up
on account of real quality; another
car due about Friday.
Another carload California apri
cots in; sales around $1.35 lug.
California eKKplant being offered
around 15c lb.
SHOWING UP WELL
The 250 acres of asparagus being
put out here and there over the val
ley under contract with Reid, Mur
doch company Is coming up in good
shape as far as can be told by re
ports received by the company from
the growers. Local field men have
been so tied up with the strawberry
situation no recent first hand in
spection has bren made by them of
the plan tines but they say every re
port brought in by growers so far
has indicated satisfactory progress.
The a.sxtragus was plantfd from
tlic seed and will not be transplant
ed until next spring, making the
first cutting the following spring.
The second cuIUiik of rhubarb will
come In along about from July 5 to
12 when the run is still on in other
berriea and fruits.
SakMii Markets
Compiled from reports of Sa
lem dealers, for the guidance
of Capital Journal readers.
(Revised dally).
III YLilS' IMtUH
Wheat, umscirened No 1,
white
sue; reu sacked 63c bushel.
Feed oats 1 ton. milling oats 20;
barley 1U 20 ton.
Meats: hogs, top frndrs lSG-itki
lbs. 11125; 160 2(H) lbs. ti60; 200-250
Ibit. 6 25; 250-300 lbs. 5 50. Sows 5
Cattle: top steers 6-7c; cows 3-6i;
culls and cullers 2-3,jc.
Sheep, lambs 4".-5': yearling we
thers 3K-4c; spring lambs 6(1 '3c;
wes 2-2V.C
Calves, vealera, top fl-7c; heavy ana
(inns dc.
Dressed meats: top veal 0 cents;
rouuh. heavv 7-Bc and tin. Ton hous.
120-160 lbs. ur pound; other grades Be
ui) npniig iiunos
Poultry: HkIU liens 10 cents; medl
Um 12c lb, henvy hens 15-16c; stags
oin roosters iv iu
Kkkm, medium 10c; standards 12c;
frenh extras 12c dozen,
Butteifat 21o; prime butter 25-26o;
tube extras 22c; standard cubes 22c
Cnofthe, telling pi ice: Mariuu coun
ty triplets 14c; loaf lflc.
UIIOI.ISAI K I'HH f S
Fiesh Ivull: Oranges, navels 5;
Valencia 3 25 4 50; lemons 6 60 cite,
limes 2 50 carlim; Krapcfruit, Arl. ,
y.i.u, riurum f.i.W fu; CbI!!. fa. TO.
liananas 6c lb. Apples: Wtnesaps. fey,
2 25, C grade 2. Newtowns. fancv
$2.25; C grade 2. Blng cherries 20c
lb. Tartarian 16c. Strawberries 2 n
crate. Cantaloupes, Jumbos 3.60;
standards 3.25: ponies 2 75 era.e.
Bulk dates B',c lb. Pineapple 13
OT.
Fresh vegetables: Tomatoes 3 75;
lettuce, local 1; celery 1.75-2 25 a
fiw. htmches, 8 crate; cabbage 2';-3c
lb.: cauliflower S2 crate; artichokes.
75 1 60 dorm. Mushroom 65c lb.
Rhubarb, local 2',c lb. New peas local
tSc; Calavas 5 75 for case of 2 to 3
doren. New potatoes. Garnet 3c.
whites 2Jic lb. Spinach 1 35 crate.
Asparagus. IochI 1 dozen.
Peanuts 12c lb
Bunched vegrtuhles Dozen bunches
Turnips 50c; parsley 60c; carrots 60c;
beets 60c; onhms 40e; radishes 40 -75c.
Sucked vegetables: Potatoes I
$1 75, aeed 2 50 Onions 90c sack
set 4c lb. Carrots 3c lb. Beets 2',c.
Turnips 3c; parsnips 2VC; garlic 12c
Southern yams $3.76. Oreen peppers
40c. Cucumbers, 1 25 1 75 dor. Wax
onions 2-2 50. Oreen beans 15c Jb.
ntiot., moiiAin
Market nominal Wool, coarse 12c,
medium 13c. Mohair, kid 18c; long
staple 13o lb.
Matches shipped from Sweden1 In
the last three months of 1930 weigh
J 11,666 tons.
TODAY'S
PORTLAND LIVESTOCK
Portland V) Cattle 1530; generally
weak.
Steer 600-900 lbs. good $723-17.50;
medium a.75-7.J5; common 15.75
S6.75; 800-1100 lbs. good $7 25 7.50:
medium 6. 60-17.25; common $5.75
$6.50; 1100-1300 lbs. good $6.75-47 20;
medium 5 75-16.75. Heifer 550-850
lbs. (rood 6 5o-7: medium $6 00 6 50;
common 64.50-15; low cutter-cutter
$3.75-$4. Bulla, yearlings excluded,
beef $3.75-4; cutter-medium $4.25
$4.78. Venlern, milk fed 7.25-$8; med
ium $5.76-$7 25. Calves 250-500 lbs.
good -choice $6-$7.50; common-medium
$3 606.
Hoks 2600: 15-20C lower.
Unlit llKht 140-160 lbs. uood-cholct
6 60-10 85; Hifht weight 100-180 lba.
gooa-cnoice fl.eu-sens; ibu-zuu ids.
good-choice $6 60 6 85; medium wt.
200-220 lba. good-choice $5 85 Bft;
220-260 lba. iiood -choice 5.36-6:
heavy welKbt 260-290 lbs. good-choice
(4.85-5 B5; 200-235 lbs. good-choice
4.25-6.60; packing bows 275-600 lbs.
medium to good $4-6.76. Feeder
and Blocker pigs 70-130 lba. good to
choice 7.25-$8.CiO.
Sheep 3000; ateady with limited
trade.
Lambs 90 lba. down 6 50-7: medi
um 5.26-6.50: all weight, common
4 60-$5.60. Yearling wethers 90-110
lbs. medium-choice S3-S4.50. Ewes
90-100 lbs. 22.t0; 120-160 lbs. 91.60
to w-i-ia; ail we ignis cuii-common ai
$1.60. PORTLAND PKOM'CR KXCIIANClR
Portland (UP) The following pric
es were named to be effective Mon
day. Butter quotation for shipment
from country creamerlea and VaO lb.
la deducted as commission:
Butter, cube extras 24c: standard
23c; prime firsts 22c; firsts 21c.
Eickb. Pacific Doultry ornducers fell
ing prices: fresh extras 16c; standards
15c; mediums 14c.
PORTLAND nilOLKSAI.K PKH KS
Dutterfat Direct to shlnnerft. track.
16-21c: No. 2 tirade 11-lflc: stations.
No. 1. 16 21c; No. 2, 11-lfic; Portland
delivery prices: No. I bulterfut 21c;
No. J, ice; sweet 24C
Milk, buying price: Grade D. il.60-
$1.80 a cental, with "surplus fl-ei.OO.
Portland delivery and Inspection.
Cheese. Belli im Drlce to retailers;
Tillamook county triplets. 15c; loaf
ioc id i.o.d. juiamooK; seuing prices
Portland retallem: Triolets 17c:
lonr itjc id.
Live poultry, net ' buying prices:
heavy hens, colored 4 '4 lbn. up 18c
lb: 3'4-4 lbs. 14-15c; under 3 lbs.
12-13c; broilers. 18c; old roosters 7c;
Ducks, old Pi-kins 20-22c; spruiK ducks
30-32c. Geese 13c. Turkeys 20-22C
Dressed poultry, selling price to re
tailers: Turkrvs. Door-irood 25-3'Ic:
Ducks 25c; Geese 18c; Capons 22-35c
lb.
ntriT. vm;i:tiu i-s
Fresh fruit : OrariKts, packed, Va
lencia $3-14.60. Grapefruit, Florida.
4.60-5.25; Calif. 3.50-(4; Limes 6
doz. carton 2.50; Bannnas 6n lb
Strawberries, Oregon Marshall
91.25 1.75; Clark Seedling $3 crate.
Lemons. Calif. C5.50-(6 case.
Cabbage, local, new 60-75c '4 crate.
Potatoes, Oregon Deschutes 1 40
$1.60; bakers' $2: local 75c-l: Yaki
ma 85C-C1.26. New potatoes, Califor
nia Gurnets 2i-2c; white 2-2'c.
Onions. seluiiK Drlce to re ih Hera
OreKon HO-OOc cwt.; Calif, new crop
uermuoan tjz.ou.
Seed potatoes, local IK-ic lb.
Rhubarb, local bulk 2-2 'c lb.
Artichokes 60 -60c d 0711.
Spinach, local (1.25 orange box.
Celery, Calif. 02 25 per dozen.
Mushrooms, hothouse 35-40c lb,
Bel) peppers, green 40c lb.
Sweet potatoes, eastern 3.75 ham
per. Cauliflower, northwest Sl.76-tl.U5
crute. Beims, Calif. 2 60-2.75 ham
per. He lb. Pens, Oregon 6-7c lb.
Tomatoes, Calif. 3-t3.60 lug re
packed; Texas 3-(3.25; hothouse
iu ic, iu.
Lettuce, local 85r-l crate. Afipnr
akus, northwest 76-uSc dozen bunches.
CIH'NTHY MKATS
Country meats: Selltmt nrlce to re
tailers: country killed noun, bent but
chers under 100 lbs. 10-1 Ic; vealers
70-80 lba. 104-Ilc; yearling Ininbs
8-10c; sprlnn lambs 14-lAc; heavy
ewes i-oc; winner cows o-or; dujjb o-U.
M TN, HOPS, UOOL
Nuts: Ore. walnuts l8-2fic; peanuts
12c: Brazils lH-aOc: almondH 14-iauc:
filherte 20-320; pecntiB 20c lb.
Hops, nominal, 11)20 crop 10-llc;
1030, 16-17C.
Wool. 1U31 crop nominal. Willam
ette valley 12-13c; eastern Oregon,
ix-ioc ID.
PORTLAND LASTSlllK MAItKI T
The exuected slumu In strawberries
Monday on the caMMde farmers' mar
ket came as scheduled although the
downturn of values was scarcely as
much as expected. One Gresham grow
er who took time to grow very good
strawberries sold his supplies at (1
crate, "because he did not have time
to bother with the marketing."
uenerai siruwoerry market snowed
ramre of tl-Sl .65 rrate with iiumi
sales t 25 1.40 crate for fancv Muff
Gold Dollars sold at the low point and
up io ti.va; wun uie excvpiion oi the
Ciresham lot, the low w only for
Dollars. The former consisted of Ore-
guns.
Kiu.nbcrrles were In rather liberal
supply and sold slowly 7 50 crate
ttooseoerriea were 6c lb. generally,
lettuce moved freelv it 75c nml tin
to H5c crate. Extra fancy hothouse to
matoes were ta 50 crate. The Dalles
turnips sold 60-fl5e dozen bunehe.
(.arrots and beets were moot v 40e.
Cherries from Clackamaft were of
fered by John Gray. They were of
small sire but very sweet.
Potatoes moved slowly at former
prices. CnbbaK was dull, mostly 40c
crafe Peos were 4,-5e lb.
tleneral prices ruled :
Carrota, new 4(ic; old 20c doren
Duncnett; iukb 4u-mk. rumlps, new
crop on Dae noz. Duncnes.
Spinach, fancy t0c-i.is orange box
Beets, old crop 20c doz. bunches;
luiis 40-60c: new cron 40i' flufti
Potatoes, local, lnige good 75c sack;
limit ii r iuur OU DIK .
Cabbage, new crop 40c crate.
Radishes, new crop 20c doz. bunch
es.
Appples. Newtowns. extra fancy
1 76 2, fancv 1 50-1.76; Delicious,
extra fancy 2.50; fancy 2 25; poor
tjiimiLy vi dux.
AsparaKua, long green, local 60-70C
aoen ouncnes; cuiumula river. 70-H0.
Strawberries. Gold Dollar Sl-ftl 26
craie; Oregon ei-ei oo.
peas, local green 4lv6C..
BAN ritANClSCO appi.i:
Ban Francisco Ml (Frd.-state-mkt.
news service). Apples, Calif. Nrwtowns
loone 66c-i per box. Packed fancy
fi.iwF-i.(w, niiinii tower,
Oregon Newtowns xf large 2-2 38;
fey ai.7S-tl.65; C grade 1 25 1.50.
Wnshlnaton Home Benut vs. funcv
fi.oo-vj; mnesaps xr uj, 10-94:40: icy,
tl.0O-2.
POUTIAMJ HAY MAKhKT
Portland W Hay: Buvitur nrlce for
producer: Alfalfa 14 15; clover 10-
9id; (jais ana vetcn fio-fii ton.
MV FRANCISCO 1AIKV
San PraucUco HtP Wlinlenale
dairy markeu: Btitter, 2 score 25c;
01 score 24c; 00 score 23c.
p;ggs. extra large I9c; medium
16, c; untall HUc.
Cheese, triplets, flats 12c.
!RIKI I'HI IT; IIOP
New York Kvauorated annles
steady, choice Bi-10; fancy ll'fli.
rninm siennv. lain. 3',-lu.: lire
Ton O'.-B. Aprlcota steady, standard
1, choice 14-14S: extra choice 16.
Peaches Bteattv standard Hi. - rhnti.
9; exta choice 9.
Katslns stemiy. loose Muscatels 4
7; choice to fancy seeded 6-81,; seed
less 6l.
Horn steadv. state 1010 QO-rUe- 100
17-lHc; Pacific roast 1W30. 20 -23c: 1B2V
16-18c.
PilT!.AM SWiAK. FLO! R
Pirilnd ! (jtimar: I'num. vianu-
Uted 4 60 cwt ; Beet 4 45,
Domestic f our, selllnti nrlrt dllv
ered: Patent 4. 95 40 500; bakers'
bluetem $4.75-4 90; Montana patent
5 10 5 16; soft wheat flour 4 30
4 90: whole wheat S4 so 14 ?o m-
ham 4 30 4 50.
- nS FRANCISCO roi I TRY
San Francisco itiPi-lMihnm hnt
all slree 16c; colorrd hens 6 lb, and
over 23 -24c; under 6 lba. 23 24c: leg
horn brotlera 12-17 lba. per doren 2tV;
10-23 lbs. per dozen 20c, frcr col-
MARKET QUOTATIONS
New York Stocks
(Closing Quotations)
New York (UP)
-The market dosed
71 H
lower:
Air Reduction
Alleghany Corp
A 11 la -Chalmers Mfg. Co.
20'J
American Can Com nan v 63
American Car St Foundry 17
American & Foreign Power..... 22H
American Locomotive 14 li
14
Am. Rad. Ac Stand. Sanitary...
Am. Rolling Mill ,.
Am. Smelt. As Refining .......
American Steel Foundries
12'1
1614
.... 36
::
. 136V,
,. 11
142 'A
American Sugar Refining....
American Tel. it Tel
American Tobacco B
Anaconda Copper Mtn. Co....
Atchison, Topeka Si 8. Fe....
Allan tic Refining
Auburn Automobile ,
Baldwin Locomotive
Baltimore Ac Ohio 45
Bendlx Aviation ...
U3ethlehem Steel . . .
33',
24',.
. 26'j,
. 62 74
Brooklyn union ua
Byers (A. M.)
calumet Ac Arizona .
Canada Dry
Canadian Paclflo ..
Case (J. I.) Co
Cerro de Pasco Copper 15
Chesapeake As Ohio 27
Chicago Great Western 4'n
Chic. Mil., St. Paul As Pac 3ty
Chicago As Northwestern ,. 25 '4
Chrysler Corp 14
Colorado Fuel & Iron 10"B
Columbia Gas 32
Columbia Graphophone 7
Commonwealth As Southern 7
Consolidated Gas 83
Continental Can 44 Vi
Corn Products 50'i,
Curtiss-Wright 2
DuPont de Nemours 72
Electric Power As Light :wvA
Erie Railroad 14
Fox Film A 15
General Asphalt H
General Electric 36':
General Foods 43 3
General Motora 31s:
Gillette 2J'
Gold Dust 2:
Goodrich (B. F.) 8s.
Goodyear Tiro As Rubber 31
Houston uu
Howe Sound 15
Hudson Motor 11
Hupp Motor Car Corp 5
rulian Kenning
Iivsplratlon Cons. Copper 5
International Harvester
Internattonal Nickel 10
International Tel. As Tel 22 U
Johns-Manvllle 42
Kansas City Southern
Kennecott Copper Id
Kresse iS. S ) 26 'i
Liggett As Myers B 62
Loew's Inc 36 'i
Mathleson Alkali U'
Mack Trucks 21
Miami Copper 5
Mid-Continont Petroleum 6',i
Missouri -Kansas-Texaa 10 '4
Montgomery Ward 16
Noah Motors 22
National Biscuit Co 69
National Caah Register A 1",
National Dairy Products 28-j,
National Power St Light 20 'i
Nevada Cons. Copper 6'i
New York Central 73
N. Y N. H. and Hartford 03' ,
North American 60
Packard Motor ft1'
Pacific Gas As Elcctrlo 40
Pan American B
Paramonnt-Publlx 21
Pennsylvania Railroad 42
People's Gas 187 V,
Phillips Petroleum 6
Pie ico Petroleum . ,H l'-i
Public Service of N. J 73
Pure Oil Company
Radio Corporation 14
Radlo-Kclth Orphcum A 11
KeynoklB Tobacco B 454
Sears Roebuck 47 'i
Shell Union Oil 4
Simmons Company li
Sinclair Consolidated 6'4
Southern Pacific flH'i
Southern Railway 27'i
Standard Gas & Electric 6fl'i
Standard Oil of California 33l.
Stnndard Oil of New Jersey 32
Standurd Oil of New York 15
Stone & Webster 20 u
Studebaker Corp 15'
Texas Corp 19
Texas Gulf 34'fc
Texas Pac. Land Trust 7S4,
Tlniken Roller Bearing 35'i
Transcontinental Oil
Underwood Elliott Fisher 43
Union Carbide & Carbon 44 's
United .lrcraft .' 23
United Corp 18'j,
United Gas Improvement 25.
United States Rubber 10i
United States Steel 831;
Utilities Power As Light A 21
Vanadium 24
Warner Bros. Pictures 61,,
Wt-stern Union 08'-t
Westlnghouse Airbrake
Westlntihouse Electric .
Willys-Overland
Woolworth i" W.) ....
WortlilnatCrt Pumn
, 23
, 63'
Yellow Truck As Coach
SKI,rCTW CI'RR STOCKS
American Light As Trncl'gn.
American Superpower
Associated Una A
BraUlan Traction L. As P...
Cities Service
Cord Corp
36
. 8
10,
71
Crocker-Wheeler 8;
r.ifuric tonn c onare ...
Ford Motor Ltd
Fnx Theaters A
Goldman Sachs Trading ..
Gulf Oil of Pa
Humble OH
Indian Ter. Ilium OH B
Newmont Mining
Niagara Hudson Power ...
Ohio Oil
Pennroad
Sheaf fer Pen
Standard Oil of Indiana ..
United Gas Corporation..
United Light Aj Power A..
Utilities Power As Light ..
38',
60',
.... 35;
ored up to 9 lbs. 30-32e; Leghorn
fryers 2-21', lbs. 22c; old colored rota
tes 14c; old Leghorn roosters 10c:
stag nominal; colored roantera over
3S lbs- 34-35c; 3-3'i lbs. .H6c; Tur
keya nominal: squab 20-24c per lb.
HAN FRANCISCO HITTHM'AT
Han Francisco Uutterlat f.o.b.
San Francisco 26c.
CHK XIill ;kiv
Chicago y'i Wheat futures:
open high low
July 5i, 6h
Sept SB- 6 574
Dec l 62 60.
close
6RJ4
67
Cash grain: wheat. No. 1 red HI;
No, 1 hard 814: No. 1 northern spring
Bl- Corn. No 1 mixed 65-55',: No. 1
white 57S-4; No. 1 yellow 55S--V
Oats, No. 2 white 27U; No, 3 while
ite1-. Barley 37-57. Timothy seed 98 25
to 9B 75. Clover seed I0 50 17.50.
Lard 97.37; ribs, bellies 97.76.
BOSTON WOOI,
Boston Fair ouiiimtle of new
Ms and finer western wools are mov
ing in original oags at steady prices
as compared with last meck's too
makers and a few manufacturers are
the principal buyers. There Is little
t rad I ntf on 56s and 48- 60s quality
wools, although some inquiry for
hee srades are beiuti received. Re
ceipts of domestic wool for week end
ing May 30. amounted to l HH7.7O0 lbs.
a compared with 3.44 1 .300 lbs, a
weeV ago.
PORTLAND II FAT
Portland v Wheat futures- Julv.
open, high 65' j; low. close 65; Sept..
open, high 55',; low. clooe 66.
Cash wheat: Big Bend Bluestem
70; sift white, western white 70;
hard winter, northern spring, western :
ed B7.
Oats, No. 3 38 lb white 921.
Monday's car rereint ihnt 949
barley 6, flou. 10, corn A, oata 3. i
nay .
a TIMM-lM O I.IVrTOCK
Ban Francisco (CP) Hon 400.
iteadr. Short load 200 lba. California
7. too: bulk 160-185 lb California
60-iM): pkg. 2o-lb. sows 94 M.
Caul 276, larel atms, Opculnf
steadv to 25c higher. Two cars DBS-
1000 lb. Calif, steers 90.75; load good
so; two ioaus meaium va
1050 lb. California 6.35: 785-lb. hei
fers 4: load lots she stock absent
Calves 60. about steady. Early pkg. 201
lbs. 8.60.
Sheep 3400. uneven early. Two decks
cnoice 00-00 id. norm coast lamos fu;
looks 25-50C h la her. Good 80-lba a7 SO
Around 10 decks medium-culls shorn
lamos aispiayeu; deck good 115-lb.
I lVl KI'OOL WHEAT
Liverpool iUP) Wheat range, July
uiUi tHKll IOW, cio&e 01 O-O. VJCi.
upru. jugn oj o-o; jow. Close as ;
Dec. open, high fiSJfr; low, close 64a
SAV FRANCISCO STOCKS
San FrniM""o tlTPl Poiiowtno-
weak ouenlnc. orlces shaded off in
early trading on the stock exchange
iiji-nuuu, on sv Turn
over of 2600 shares, was off to 7!3
WINNIPEG WHKAT
WlnniDeit Wheat Inat- .T11
5'i; Oct. 60: Dec. 62. Cash. No.
hard 5C; No. I northern 68; No. 3
uuiuiciii 00 y3, no. o norvnern ou;j.
CHICAGO LIVESTOCK
ChlCHlfO JP) (TT S n A 1 fTnrr. AC AM
bulk 150-220 lbs. i6.10-s6.25; 230-300
iuw. eo.(u-sD.iu; aiu-ado lbs. 95.60
95.65; pigs 5.7S-6.15.
Cattle 13.000- chIvpm 9nnn Rim.ohta-
steers C00-1100 lbs. 6.50-97l76: vealera
97.50-98-
Sheep 18.000; desirable native lambo
99-910.25; bucks 98-S9.25: medium tn
suuu yeariuiKB e.ou-so; iambs, good-
cnoice y-910.50; medium 98-59; all
weliihts. common SH-SR- nii uo-iro
um, ii.cuium-cnoice f i.7o-3.
(noie 10 eu tors Etrect v .Tim 1
new crop lambs claHslfled as lambs,
yearlings or lambs at nr rlnafiv n.
proachlng the yearling age, classified
ua ycariings in oavoe quotations. U.
sy. win. igr.r.
EFFORTS TO FIX
WHEAT PRICES
COMES TO END
Washington (P The responsibil
ity for maintaining domestic wheat
prices Monday rested on the Ameri
can farmer after more than a year
01 government stabilization.
The farm board's authorization
for the purchase of surplus stock
to DOister prices ended with the ful
fillment of May contracts and gave
iuu piay io tne operation of the law
01 supply and demand.
The grain stabilization corporation
first entered the market in Feb
ruary, 1930. Using money from the
board's $500,000,000 revolving fund
and advances from private banks, it
maintained a minimum price of 81
cents. The average price has ranged
from 20 to 35 cents above world
levels.
Speculation was renewed Monday
as to the final deposition of the
huge stock of wheat, which will
total upwards of 200.000.000 bushels.
The only answer t the board was
the reiterated statement that the
surplus will be disposed of in a man
ner not to affect the domestic or
world markets.
The board has authorized the sale
of 35,000.000 bushels abroad. Ap
proximately 25,000,000 have been
sold. Chairman Stone said no de
cision had been made to sell more
than this in event a good foreign
demand continues.. It was believed,
however, the board would take ad
vantage of every opportunity to dis
pose of portions of its holdings on
which it must pay heavy storage
charges.
Eexart figures on the loss to the
board through stabilization opera
tions were not available. It will
depend on the price received when
the wheat finally Is sold. Besides
this, however, it has been estimated
that the monthly carrying charges
will total $4,000,000.
The board contends that any loss
es will be far outweighed bv the
benefits to agriculture and business
generally by the price stabilization
when serious declines occurred in
commodity prices at a time when
many banks were in danger through
loans on wheat.
WHEAT PURCHASE
MADE BY BOARD
Minneapolis, Minn. IIP) A lost big
purchase of whrnt 14.000.000 bush
els was made Monday by the Farm-
erv National Grain corporation,
acting for the farm board. The $10.
000,000 transaction will be the last
by the United States government In
Its efforts to peg wheat prices.
During the month, the govern
ment agency will acquire 6.000,000
more bushels or a total of 20.000.000
bushels during the month to com
plete Its promises of pegging prices
of the 1930 wheat crop.
By the end of the month, the
grain stabilization activities of the
United States government will end.
Rcprcscntathes of Uie farm board
have maintained that the pegged
prices prevented the collapse of
American wheat markets as other
world exchanges have experienced.
FIRE DESTROYS
JTATE BARNS
(Continued from page 1
Two tile silos were considerably
damaged from the heat.
Loss of life was narrowly averted
when one of the hospital patients
nwhed Into one of the burning
buildings. He was rescued by at
tendants after his clothing had
caught fire. Oier 100 head of cattle
had been released from the dairy
barn not long belore the fire was
discovered.
Aside from the buildings the loss
was mainly In hay, feed and dairy
equipment mat was stored In the
buildings. More than 100 tons of
hay were destroyed.
The state does not carry Insur
ance on Its buildings, but maintains
a restoration fund lor the purpose
of replacing burned buildings. It
Is believed the turn! Is ample to re
place the two buildings, and the
matter will go belore the state
board of control at once.
The fire was a spectacular one.
It Is estimated that over 1000 aulo
nobilra drove to the scene and park,
ed as near as traffic offices would i
allow.
STOCK VALUES
LOSE MILLIONS
IN DAY'S TRADE
New York (LP Millions of dol
lars were whittled from market val
ua lions Monday on the stock ex
change with prices making the wid
est losses of any sesbion this year.
The railroad average broke to the
lowest levels since June, 1921, and
the Industrial average to new low
since May, 1025.
Trading picked up in volume on
the decline and was the most ac
tive since the last week In April.
According to preliminary calcula
tions the Dow-Jones Sz Co., Indus
trial average declined 3.77 points to
124.69; rail average declined 4.12
points to 67.94.
Sales totalled 5,100,000 shares,
compared with 2,100,000 shares last
Friday,
The market opened lower and
continued to decline without inter
ruption. Toward the close, new
lows for the day were being made.
Railroad shares were the first to
go by theb oard. Holders offered
them for what they would bring.
Prices In this group 'jroke 1 to
more than 15 points. hTe finest
stocks made the widest declines, in.
eluding Atchison, New York Cen
tral, Norfolk an dWestern, Union
Pacific and Baltimore and Ohio.
The Van Swerlngen group was
again hard hit, several issues mak
ing new record lows.
Selling spread from the rails to
the industrials where U. S. Steel
made a new low since 1923 and new
lows for the bear market were
made by such issues as American
Can, General Motors, General Elec
tric, DuPont, Bethlehem Steel, Na
tional Biscuit, National Dairy Pro
ducts, Borden, and Beatrice Cream
ery.
Oils, Steels, Motors, Foods and
special issues were all swept down
ward. Amusements joined the de
cline with Radio-Keith dropping to
a new low. Utilities were featured
by heavy selling In American Tele
phone, stone and Webster and Con
solidated Gas.
Auburn Automobile, Peoples Gas.
Detroit Edison, Norfolk and West
ern and Atchison lst 10 to 15
points each.
Copper shares joined the decline
after Utah reduced its dividend
from $8 to $6 annually and Kenne
cott cut from 92 to $1.
Heavy selling In General Motors
was a late feature of weakness.
Selling represented liquidation
rather than short operations. The
stock exchange Is still following
through its Investigation of short
interest to determine if raiding tac
tics are beng employed.
Cotton futures declined to new
lows since 1915 and grains broke in
all divisions. Call money held at
lfa per cent.
NEPTUNE HOLDS
FATE OF VESSEL
Los Angeles, fP) The fate of the
Harvard, coastwise passenger ship
which went aground early Satur
day at Point Arguelio, north of
here, Monday was in the hands
of Father Neptune.
while her 497 passengers, excur
sionists from San Francisco, holi
day bent, told of their exciting ex
perience of being set afloat in life
boats and later picked up and
brought here by the navy's newest
lighting ship, the U. 8. S. Louis
ville, the Harvard rolled in waters
which may become her grave.
condition or Harvard is ser
ious," radioed R. S. Gardner, sal
vage expert, who Is at the scene
aboard the tug Peacock. "Will not
stand any bad weather.
installation oi pumps was De-
gun. If they are able to clear the
holds sufficiently of water, the
gashes torn In the ship's hull by
the hidden reef will be plugged, if
they are not too large. Tills done.
an attempt will be made to ton
her from the reef.
All holds appear to be punc
tured except holds aft of the colli
sion bulkhead," Gardner ftUded.
There is five feet of water over
the main deck aft and flooded
one foot forward at high water. Now
boating dry cargo.
First or the inquiries to deter
mine the cause of the disaster was
to be called Monday by federal of
ficials. Beyond the existence of a dense
fog." said Ralph J. Chandler, vice
president of the Los Angeles
Steamship company, operating the
Harvard, "no cause can be as
cribed ior the present grounding."
TWO IN HOSPITAL
AFTM ACCIDENT
Miss Eva Gateson, 21, received a
fractured skull and cuts and bruis
es and her mother, Mrs. Hugh Mor
rison, broken ribs, cuts and bruises,
when the automobile driven by the
injured girl skidded on the Pacific
highway five miles north of S,lem
about 2 o'clock Saturday afternoon
and landed In a drainage ditch.
Hugh Morrison and another daugn
ter were shaken up and received
slight cuts.
The Morrisons, who live in Aber
deen, Wash., were on their way to
visit friends here when Mfss Gate
son attempted to pass an automo
bile driven by J. G. Fontaine, of
Jefferson, Fontaine failed to notice
the machine coming from the rear
and In turn attempted to pass the
automobile ahead of him. Mi as
Gateson wait forced to jam her
brakes and then lost control of the
heavy sedan, which came to a atop
headed in the opposite direction
Policeman Killed
By 15-Year-Old Boy
Chicago. (IP) A murder charge.
carrying the death penalty, loom
ed Monday over 15-year-old Var
ner Corry as he ild a coroner s 1
jury oi the ahooung oi Policeman
Edward Smith Saturday at a high
school swimming pool.
Corry, with his brother Earl, 13,
and Schuyler Pearson, 15, broke
into the school for a iwim and
were ordered out by Smith. Re
enacting the scene for police offi
cers Sunday, the youth said he
drew a .22 calibre revolver from
his clothes and shot the policeman
when the latter disregarded a
command to raise his hands.
He was cool and even boastful
as he related the story, apparent
ly unmindful of the consequences
of his act.
The youth's mother is Mrs. Ade
line Jones Corry. an art teacher in
the public schools for 20 years. Var
ner Is a member of the Y. M. C. A
and the Boy Scouts, his mother
said, and had always "been a good
boy."
Smith is survived by a widow and
a three year old daughter.
WHEAT VALUES
IN SHARP DROP
IN CHICAGO PIT
Chicago (LP) September and De
cember wheat sold at new lows on
the crop just before the close on the
board of trade Monday after a ses
sion of scattered but persistent sell
ing on the weakness In securities.
Prices declined steadily from the
start, totally Ignoring dry reports
from the northwest, particularly
Canada. Winter wheat prospects
continue line and with a decline
In Winnipeg and Liverpool on Sat
urday, the market had a weak un
dertone, corn sold off with wheat.
resisting stubbornly from time to
time but setting new iows for De
cember. Oats weakened with the
major grains with December at
new low. A 2,106,000 bushel Increase
In the visible supply of wheat was
the final depressing factor.
At the close wheat was l'i to Vi
cents lower, corn was Ts to IS cents
lower and oats were U to lk cent
lower. Provisions were sharply
higher.
Chicago fJP) With Canadian re
ports at hand telling of considerable
moisture relief in drought districts
of Canada, grain prices Monday un
derwent an early downturn. Advices
indicated, however, that there were
large areas in which the Canadian
crop prospect was little short of a
failure. Opening 5-8 to 1 cent lower
wheat afterward sagged further.
Com started at hi to 5-8 cent de
cline and subsequently held near to
the initial range.
LIGHT VOLUME
OF ETTERBERGS
First of the Etterberg canning
strawberries began making their ap
pearance at the canneries Monday
and it is expected by Wednesday de
liveries will be coming In on a good
scale. The Ktterhtrgs are showing
traces of sun scald in some In
stances, the same as the Marshalls
and are surrounded by conditions
which are rapidly making a short
crop for the Marshalls and It ap
pears as though the same thing may
happen to the canning berries un
less there Is a reversal In weather
conditions. Even a cool streak of
weather would help but continued
hot weather is apt to hold back the
little berries which make up such
a share of the Etterberg picking
and hold down the volume. Quite
a bit of Etterberg acreage has not
yet been contracted for and this
additional acreage may help to hold
up the volume if the acreage con
tracted for fails to deliver the goods.
Marshalls continue to come in
In good shape but it Is felt that
three or four more pickings may
wind up the crop if hot weather
keeps up. The Lacombe section is
expected to reach its peak about
Tuesday. Tne crop there isn t extra
heavy but the ground Is said to be
holding its moisture In good shape
and there Is not quite so much sun
scalding there as in other valley
sections because of the general loca
tion of the patches.
GRAIN CONTRACT
CHANGES HANDS
Minneapolis OPi Agreements call
ed for consummation Monday of
another grain deal involving mil
lions of dollars, the second in a
month.
The Farmers National Grain cor
poration, acting for the grain stab
ilization corporation, arranged to
pay $10,000,000 for 14,000.000 bush
els of bread and Durum wheat. A
month ago the same corporation
paid $18,000,000 for 23,000.000 bush
els.
The settlement Monday, the sec
ond largest single daily transaction
in the history of Minnesota, repre
sented the taking up of contracts
made by the stabilization corpora
tion with grain brokers and ter
minal elevators prior to June 1.
The agreements stipulated the
corporation would pay a minimum j
price for grain contracted for fu j
ture delivery, in this case, June 1 a I
a means of stabilizing prices.
This transaction, and others ex-1
pected to be completed through the
month of June, win wind up the
stabilization of pegaed price ac
tivities of the government sponsored
farm board, at leaxt for the present.
Bolivia mill hold Its presidential !
election early In January.
DR. CHAN LAM
Chinese Medicine Co.
UstufM remedies for
ailments ot torn
neb. blood, liver.
f Lv , ' elands, nerves and
urinary system Alw
1 Kiiiiicn.a it, n u
MtJpT" ; colitis, constipation,'
ifcir i rheumatism, bron
J4 $ cnitu and gallstones
mrte hoar TntlaT and 9t
unU t:00 ( :30 p. M.
IM IS. Coal su Room 23. Salem
CANNERIES TO
BE FLOODED AS
Loganberries, cherries and rasp
berries all will come Into the can
ning season together this year from
the present outlook and it is ex
pected packers will be up to their
necks in the pack this year when
the avalanche strikes. Royal Annes
are now turning a bit pink here and
there, and predictions are that these
packs will start up along about June
20.
While loganberries are virtually
all under contract and the same Is
true of lAspberriee, what will happen
to the cherries remains a sticking
point and reports continue to come
in of plans for cooperative barreling
of cherries to save the crop. These
reports are not only covering a share
of the local crop but a similar re
port has been received here from
The Dalles where it is 6a Id growers
are having as big a worry as they
are here over whut will be the dis
position of the crop this year.
No cherries have been bought as
yet as far as known. Local canners
say that the price quoted out on
Royal Annes In the now well dis
cussed opening list from Bert Maling
would figure out at about a 3-cent
figure to the grower, based on cus
tomary cost figures and us far as
they know here he hasn't bought
any clienic; ak.d if he has It is not
known to canners locally.
There have been reports of pos
sibility of mararhino processors
showing a little interest but a fin
ger can't yet be placed on a con
firmation of these reports.
Continued Inquiry fails to reveal
any answer that would show that a
Royal Anne cherry has so far been
bought.
Portland W) Practical failure of
the early pea crop of the Portland
immediate district with little likeli
hood of even a moderate production
of later planting, is indicated by Pete
Binn of the Oregon Gardeners' as
sociation, to the Journal Monday.
Mr. Binn has been making a sur
vey of the situation and clearly
showed his disappointment at the
findings. "There is a near failure of
the entire pea crop of this section,"
he says. "This applies to both early
and late plantings. It is quite pos
sible that some slight improvement
In the late planting will be shown
providing there Is a good rainfall
early. The present situation does not
look good.
"We had planned an extensive sale
art distribution of Oregon peas out
of the Portland district this season.
In fact everything was lined up for
a big movement to the midwest and
east all except the peas. There was
a very liberal planting In the district
but the dust storm practically ruined
the early seeding while the extreme
dry weather practically put an end
to the hopes for moderate produc
tion of the later planting."
There is a fair crop of peas in The
Dalles territory but the quality is
just fair. For that reason prices are
very low and shippers are not an
xious to do business.
EINZIG SUCCESSOR
TO CARLE ABRAMS
(Continued from page 1)
absent from the city. The resolu
tion accepting Abrams resignation
and authorizing the employment of I
Eiiurtg was presented by Holman. ;
The resignation accepted only !
the resignation of Abrams and
pending the actual reorganization.
Elnzig said, the other employees of
tne board will be retained. The re
organization, he further stated,
would be based upon a thorough
survey to be undertaken At once.
Specifying Einzig's authority the
resolution set forth that he be
named secretary with full author
ity and power to reorganize the
secretarial and purchasing depart
ments of the board, and to regu
late the public duties of all em
ployees of said departments.'1
Einzlg was also Instructed In the
resolution to "make a preliminary
survey of possible economies which
may be Introduced In the adminis
tration of the affairs of the board,
and that he report his findings and
recommendations to the board from
time to time as the necessity there-
tore Decomes apparent.'
By reason of Einzig's recent oper
ations as an agent of the governor !
ana tne detailed Inquiry he has
made Into the affairs of the various ,
Institutions coming under the super- :
vision of the board, as well as his
previous extensive experience as a
business executive and organization 1
KC
BAKING
POWDER
It's double acting
Use K C (or line lexiura
and large volume in your
baitings.
EARLY OREGON
PEAS F$.!L!jEE
ounctf
expert, his selection to succeed Ab
rams had been generally forecast as
a logical move to enable Governor
Meier to carry on his undefined but
promised plans for reorganization of
the business methods of the board
and of the purchasing agent's of
lice along lines of greater efficiency.
Elnzig as secretary of the board
and by direction of the resolution
also becomes purchasing agent for
all of the state iastitt: V -s and de
partments. Among department and Institu
tion heads Einzig's designation Is
eminently satisfactory. Judging from
expressions which have been heard
since his name was first mentioned
for the Job. His surveys of the In
stitutions have won for him recog
nition by heads of the Institutions
as being "well qualified and very
fair."
Elnzig 's reported statement to per
sons about the state house that he
"wants no state job," coupled with
the wording of the resolution nam
ing him as "temporal secretary" is
generally regarded as evidence that
he will serve as secretary of the
board only so long as may be neces.
sary to complete the reorganization,
and that alter he has built up and
Installed a new system he will turn
it over to a new man for admlnla
tration.
TAX REDUCTION
French Mik, Ind. (LP) Methods
ot reducing state laxes held the in
terest of 22 executives nt the 23rd
annual conference of governors
Monday. It was the first problem
the state head.s discussed as a
Broup, alter on address of welcome
by G-vernor Harry G. Leslie.
Two of the youngest executives at
the conference opened the discus
sion. Governor Wilbur M. Bruclt
er, Michigan, strong advocate of lo
cal government, home rule, advo
cated centralized supervision to re
duce taxes.
Governor Harry H. Woodring,
Kansas, urt:ed a system by which
the state legislature would fix a
maximum for levies, beyond which
no local government could go. He
said this system would force each
unit to live within Its means.
"Tlie maximum limit protects the
minority without, interfering too
much with local self government,"
Governor Woodring said. "The
state can be ot value by providing
agencies to advise and counsel the
local government, but I doubt the
wisdom of giving state tax authori
ties actual control of the local bud
get." Governor Brucker said he favored
modification of the Indiana plan
involving state supervision of local
expenditures, but did not believe It
was in harmony with the present
Michigan system.
Governor Woodring offered a
remedy whereby the state would
eliminate the general property tax
for other sources of revenue, plac
ing the state In a position to tell
local governments If they were to
blame for high taxes.
Governor Franklin D. Roosevelt.
New York, explained his state op
erates without property tax, and
said he belived such levies should be
handled by local units.
Lyons Mrs. Roxie Trask return
ed home the first of the week after
an extended visit with her sister
and family. Mr. and Mrs. Floyd
Martin of Cutler City.
DAHCE
At
Kenti Hall
2'2 miles north of
Independence
On Inriprndencc-Salem
Highway
Tuesday, June 2nd
Music by
Bert Clark's
9 Rylhm Kings
Dancing for young and old
A red hot band and a real
good time for everybody
F. N. Woodry. Floor Mgr.
Genta 50c Ladles 25o
THE TREAT OF THE
SEASON
Wed. June 3rd
1:30 P.M.
Corner Laurel ft South Bli
the End of N. Winter St Just
3 blocks north of
F. N. Woodry's
Auction Market
Consisting of
A good size building 16x50 to
be wrecked, built of lumber
and cement blocks, also 190
to 2000 cement blocks, doors,
windows and frames, baHt In
kitchen fixtures, lumber or ail
kinds, wiring, plumbing fix
tures, toilets, lavatory, sink,
brick, complete steam er hot
water boiler, galvanised pip
ing, harness, roofing, milk
cans, berry wire, some furni
ture. Terms cash.
II. E. Beardtjry, Owner
F. N. Woodrv, Auctioneer
Phone S-l-l-i
Remember thh sale la
Wednesday Afternoon
Also
A Big Auction
Wednevfa; Mte and
Saturday Afternoon
at the Market
MICTION