Capital journal. (Salem, Or.) 1919-1980, July 21, 1931, Image 14

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Capital journal., July 21, 1931, Page 14, Image 14

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Newspaper Page TextPAGE FOURTEEN THE CAPITAL JOURNAL, SALEM, OREGON TUESDAY, JULY 21, 1931 ES8S STRONGER BUTTER VALUES NEAR AOVANCE Portland (IP Market for eggs continues to show increasing strength both locally and in a na tional way. Hot weather with de- creasing current offerings as well as deteriorating quality are factors of most Importance In the trade at the moment. Receipts of eggs are not only showing a loss In the country gen erally but buyers are actually of fering a premium for fancy stuff out of coolers because of the uncertain quality of current offerings. Local receipts are holding up somewhat better, in fact during the last few days have Increased over the same period a week ago. Demand for butter Is so keen at this time that premiums reaching to J,i cent above the established quotations on the produce exchange are being freely offered and paid. Normally the price offered Is H cent below the exchange. Very good demand Is reported in the market for live chickens and especially so for heavy hens. These are extremely scarce ana Eiuers are advising the country to unload be fore the stock gets too heavy. With practically none now arriv ing, there is a very excellent call in sight for dressed hen turkeys In the local trade. Sales are reported around 28 cents pound. While there are some offers of cheese from Idaho at prices below those generally established, the market In general appears to show more or less steadiness. Orowlng demand for storage Is reflected, While there Is a slight showing of easiness in the trade for coun try killed calves, hogs are showing strength with general sales around 12 to cents for light blockers, Veal are around 13 to 14 cents for tops with lambs Just holding around 11 cents pound. Two carloads of J. H. Hale peaches, first of the season, are here from California. The quality is mixed, some of the fruit being very good and others bruised In ranslt. Sales of the best are being made around $1.25. Local early varieties of' peaches re finding quite a fair call In the trade due to the extreme quality of present offerings, together with the recent lack of good Callfornian, Sales mostly 65 to 75 cents box. Better feeling In tomato market with California cleaning up here. The Dalles stock Is firmer and higher. Corn market Is badly glutted with sales generally down to $1.25 sack. Further shipments of sweet po tatoes are due from California. New potatoes In Increasing sup ply, are a trifle dull, but un changed In price. Apricot market Is again easier and lower but the movement is Increasing. Walla Walla onions are reported steady at late prices but there are plenty in sight on the tracks. BUILDING PERMITS DECREASE IN JUNE Washington (LP) The value of building construction undertaken In 344 cities decreased 10.2 per cent in June as compared with May, according to reports of the bureau of labor statistics. Figures made public Tuesday showed permits issued In the re porting communities, with popula tions of 24,000 or more, totalled $105,444,130 for the month. The larger decrease was shown by conv mercial structures, whose value de cllned 28.7 per cent. The value of new dwellings authorized shrank only 16.1 per cent. A comparison of permits Issued In June with those of a year ago In 297 cities revealed a decrease of 95.9 per cent. Residential projects showed a decrease of 25.3 per crnt while the value of non-reildtntinl projects shrank 46 per cent. Salem Markets Compiled from reports of Bfc lem dealers, for the guidance f Capital Journal reader. (Revised dally). iiijvi:ks run i s WhMi, No. 1 white 36c; red tacked oc Dunnri. Perd nuts $16 ton. milling oftts $17; bnrley S18 tan. M fills: nous, ton srndrft 130-ISO lbs. H2S: 160 300 lbfi. $Jt 50; 200-250 Ibn. W.24; 25O-J0O 109 17.75; BOWS, 0 M. Cuttle, top teer 7-7'7e: rows, S- 4C: culli and etittrra dU-SUc. Blirep, lambs 4-4'c; yearling weth ers d"iv; rfn i-i'jr, Calves, vealeri, tup 0-7e; Heavy ana thins 6c Drfserd meats: top veal 13 cents; rough, heavy 8-10c and up. Top nous. 1 JO- 1th) lbs. 13c lb ; other grades Wo Up. Spring Inmba He. Poultry: Unlit hem 10 cents; medi um 12c lb . heavy hrns 16c; stava 7c; old roosters Sr lb. Extti. medium 16c; standards 30c ; lrel rxtras '20c doren. Butterlat 2c; prime butter ?0-37c; Cube eitraa 34c: standard cubes 24c. Chrrbo. aiiiinii price: Marlon ooun IV triplets 12c; lonf 14c. uiioi.i sAi r, rmrn Fresh fruit: Orange. Valenclaa 13 3,1 to S5 60; lemons SO -SO SO cse. Limes 3 75 carton: grape fruit. Calif. 4. Ba nana 0o lb. Apples, Wlnesapt and New ton na, it 3. 50; fey S3 36; C tirade 2; new crop yellow Traiuiparenu, (iravrnstelns $1 .253. 76 Ranpberrlen tlJb; blackcap S3. Watermelons 3c b. Cantaloupes 2 2S t2 70. Honeydew melons, large flats 91.60 crate. Aprl- rota. The Dalles 65-76c. Peaches. Calif. Rlbertaa 11.10. drapes, 60. Plum. fiHnta, Kos $1.2$ lug; 11 60 4-baaket crate. Bulk dates 8;c lb. Pineapples 12.401 nni!. i aiavns o la craie. Fresh vetfetublea: Tomatoes. Calif. 2 36; hot ho u $2 50. Lettuce 11.60 a crate; celery 90c 1 60 dozen. Cabbage a-3'Ae: Cauliflower 160-91.76. Ar ttchukea 76c-fl HO; rhubarb 2'c; new feas, local 0-8c lb. (Irrrn brans S'i-Se b Spinach. 76c crate. Fggplunt 16c lb.: green penners IV: gnrllc 12c lb : srreen corn 1.60 sack; summer squash ioc cm if. Pen nuts 13c lb. Bunched vegetable? Turnips 76c doz.; parsley 40c: carrots 36-4oc; beet 00c; onions 40c: radishes 40C; cu tumbera 76c- 1 35 dozen. Sacked vegetables ; Potatoes, new Takltn 1.75. local tl.33. Onions. Calif, rede 3c; yellow 2',c lb Carrots Sc; bests fl'i: turnips 2: parsnips 3,xc. WUOI., MOHAJM Market nominal. Wool, coarse lie; medium 11c; Uobalr, kid sic; long tsplt llo lb. TODAY'S PORTLAND LIVESTOCK Portland () CatU 76; calvas SO. Weak. Steers, 600-900 lbs. good 7.76-18; medium 66.6067.76; common 66-66; BOO-1100 lbs. good 67-67.60; medium 6-67; common M 60-66.00; 1100-1300 lbs. good 66.76-67.25; medium 66.60 7., Heifers 660-860 lbs. good 66-66 26; medium $476-16; common I3.76-S4.76. Cows, good 64.76-65; common-medium 3.60-14.76; low cutter-cutter 61-13-50. Bulls, yearlings excluded, good-choice (beef) 64-64 60; cutter, common and medium 63-64. Vealers, milk fed, good and choice 67.50-tfl.60; medium 60 7.50; cull and common 64-66. Calves 260-600 lba. good-choice 18. 26 -7. 76; common-medium 63.75-66.25. Hogs 375. steady to 16c lower. Light light 140-160 lbs. good-choice 8. 26-49; light weight 160-180 lbs. good-choice 68,78-19; 180-300 lbs. good-choice 68.75-69; medium weight, 300-220 lbs. good-choice 68-68; 220 360 lbs. good and choice 6)7-68. Heavy weight 250-260 lbs. good-choice 66.60 7.60; 290-360 lba. good -choice 68. 00 7. Packing sows 376-600 lbs. medium and good 65-66. Slaughter pigs 100 130 lbs. good and choice (blank). Feeder and stocker pigs 70-130 lbs. good and choice 6B-$9. Bheep and lambs, 1800. No early sales. . Lambs 90 ids. aown. gooa ana cnoice 65-65.76; medium 64-S6; all weights common 63-64; yearling wethers 90 110 lbs. medium to choice 63-64.26. Ewes 90-120 lba. medium-choice 1.76 to $2.50; 130-160 lbs. medium-choice 615.0-62; all weigh U, cull-common 61-61.60. PORTLAND PRODUCE EXCIIANOB The following prices were named to be effective Tuesday. Butter quo tations for shloment from country creameries and c lb. Is deducted as commission. Butter, cube extras a&c; sianaaros 24c; prime firsts 33c; firsts 33c. Eggs, Pacific poultry producers' sell ing prices: Fresh extras 31c; stand ards 30c; mediums 18c. PORTLAND UIIOLKHALE PRICES These are prices dealers pay whole- aalera except as otherwise noted: Butter, prints 92 score or better 35 -27c; standards 30-37C carton. Butterfat. direct to shippers. Trace 20-24c; stations. No. 1, 20-34c; Port land delivery orlces: No. 1 butterfat. sour 24-25c; sweet 27-28C. MilK, buying prices: uraae a fi.wu, Portland delivery &na Inspection. Cheese, selling price to Jobbers: Til lamook county triplets 14c; loaf 16c lb., f ob. Tillamook; selling prices to Portland retailers: triplets 16; loaf 17. Live poultry: Net buying price, hea vy hens, colored 4 lbs. up 19c lb.; 3 '4 -4 lbs. 14c; under 3', lba. 12c; broilers, white 17c; colored 20 cents; No. 2 chickens 6c lb.; old roosters 7c. Pekln ducks 14 -16c. Geese 13c. Dressed poultry, selling price to re tailers: Turkffvs. Door-good 27-2BC. Ducks 25c, CirrKc 13c. Capons 32-35C, Mtl-iSH r III. 11 Oranecs. nacked Valenclas 63.50-65: grapefruit, Florida 14.50 5; California 93.75-64 .25; limes, 6-doz. cartons .26; bnnanns ac ib. Lemons, tani. su case. Raspberries, local 1.10-l.a& crate, Loganberries, local 61-61. 10 crute. Blackcaps, local 9175 crate. Watermelons. Klondike 3c lb. CantalouDcs. Cnllf. Turlock (umbos sz.ou; sianuurns fz zo. iioncyiirw mel ons, Calif, large flats 1.60; Persian melons B1.7&-S2 crate. Seedless grapes 1.60. Apricots, The Dalles 60-65c box. Peaches, California Elbertns 60 -75c box: J. H. Hale si.iio: early locals 65-75C Cabbage, local, new 2'4c lb. Potatoes. Yakima 1.35. New pota toes, local 1M.C lb.: east Washington 1.36 cental. onions, selling price to retailers: Wnlla Walla Globes 91.76. Heeu potatoes, local l'-i'ic id. Hhubarb. local bulk 2c lb. Arti chokes 60-80c dozen. Cucumbers, field grown 40-ouc box. Spinach, local 60c crate. Celery, La- blsh 75c-91.35 per dozen. Mushrooms, notnouse ioc id. Bell peppers, green 15c. Sweet potatoes, new Calif. 12'ic lb. fTnullflnwer. northwest al-tl.25 Der crate. Deans, local 3-5c lb. Pens, lo cal 8'i,c lb. Tomatoes. Merrrd tl 50-l 65 lug; Tlie Dalles 1 25-il 36 box; Hothouse 12c lb. Corn, local 36c doz. ears; 1.16-1.26 aack. Lettuce, local 90c-i 26; icea t- id crate. Asppragus. norinwesi si ao aozen. CherrlCB. blacks 3-3c lb. Summer squash, locnl flats 50c. Ill..il Aif rmniMii.M rnimirv ments. Rolliim urlce to re tailers: country killed hoga, best but chers under 100 lbs. 1'2-13'a; vcalera 80-120 lbs. 13-14c: yearling lambs 6-8; spring lambs 10'-llc; heavy ewes dc; canner cows c; ouin o-oc. Hams, fancy 14-25c; picnics 16-29C lb Bacon, fancy 30-35C lb. Lard, leai, tierce oams iz'jc io. Nuts. Oregon walnuts. 18-26c; pen nuts 12c; Ura.lls 1R-20C; almonds 14- ic; lllherts 'J0-'JV!r; pecntiH 2uc ID. lltH'M. WOOL. lintCH Hops, nominal, 1929 crop 10-llC; 1930. 16-17c. Wool io:il eroo nominal: Willam ette vnlley lie; eastern Ore. 10-14c lb. nines, siiueu. :ic; duiis i , aiin u : calves 7c lb.; heavy horsehldes 1.60; ponies and colts, half price; dry hoibc hUles 60c. HAY; CASI'AHA HAIIK Portland "ll Hay; Iluylng price for producer: Alfalfa I4-16; clover 10- u; oais ana veicn iu-sii a inn. Cascara bark, buvtnic urlce 1931 peel 3c lb. POKTI.WIt FAST s I ill; MHKFT Corn offerings were greatly mercan lug tl p fan tile iiiesoay sekston 01 me sharo rut in current values with more or less dullness reflected In the buviiifl. Sales of corn showed a spread 01 fi-ti ror 0 aozcu ears, an un expected decline. Tomatoes continued to ease off with Increased stocks. Bales generally 1 ror fancy wnn a irw nigner. ADrlroU were easier with a general top of 60-65c suitcase or box. Celery henrts were scarce and firmly priced at gi 40 do, bunches for best, rise 01 lu-iac. Pntntne ennllmied to ease with sales 76-BOc generally for oraime boxes of top quality with small stuff as low as 60F. Lettuce sold up to 80c crate tor good stuff and down to 60c for ordinary. 1 aooage marnet was urmijr iinwu tth m. cmrcltv of offerings. Cucum bers held mostly 60c box. Summer and crooked neck squash held 60c flat crate. Danish at !. Loganberries were scarce and firm at ! 15 generally with raspberries month II. a tew 1.06 1,10 and black berries !. lied June appiea were i as wrrr ravenitelns and Dutchess. All Jtim- hlOH Beans sold fli-4ic lb. with fancy Kentucky Wonders Postly 4-4KC Afpnragis sales were arovind 130 dor,en bunches. Spinach was in fair call, mostly 60c orange box. Oreen broccoli was around &0c box. General prices ruled: Carrots, new 20e dtw. bunches: tur- Iim. new rroo 40-4Ac: beets new Crop 25c dox. Sumach, fancy 45-60C orange box Potatoes, locals, large, good OO-70C sacx. new 91 sacs. cabbage, new crop 11-11 &o large crate; red 1.10 1 25 small cratf. Radlnhes. new crop 30c dor. bunrn . Axnaraiiu. lone green. 61 20 dozen Duucnes. Apples, new crop Yellow Transpar ent, 30c lug. ! box. Peas, local 6-7c lb. Beans. wax, e lb vreen S 4c lb. R an p berries, fancy l-H 10 crate. Loganberries, fey. $ 36-l 36 crate. BiatklMrries. fancy ! crate. S4iunl). The Dalles 35-40c flat cratf Peaches, early. 60-75c box. Ittuce, local A0-75C. celery. Labish 6.'c-l doicen; hearts 1 20 1 35 doy.en bunches. Apricou. ine uaues 00-ow dox. Winnipeg tUP Wheat range: open high low close July 57S 681, 57 681, October .... 6Mi 60S, MS m,t December ... 60 eis W1 0i' SAN FRAM 1x1 O Pol I. THY San rrancisco UP Leghorn hena, all aires 14-lflc; colored hens 6 lbs. and over 22-23c: under 6 Itn. 32 34c; Ieghorn broilers 12-17 lbs. per doven 20c; 10-20 lbs. per dewen 19-200; fry1 MARKET QUOTATIONS New York Stocks (Closiruj Quota Uons) New York (UP) Tb market doted higher: Air Reduction to Alleghany Corp 7 'A AUU-Chambers Mfg. Co. 37 American L.an tympany 10Q American Car At Foundry . American A Foreign Power 80 American Locomotive is Am. Rad. Ai Stand. Sanitary 14 Am. Rolling Mill .4 33 Am. Bmelt At Refining 36 American steei Foundries..., American Sugar Refining.... American Tel. A Tel American Tobacco B Anaconda Copper Jiln. Co.... . 67 170 134 Atchison, Tope k a 6. Fe 165 'A Atlantic Refining 16 "A Auourn Auiomomie . Baldwin Locomotive . Baltimore A: Ohio .. Bendlx Aviation ..... Bethlehem Steel . ... Brooklyn Union Gas , Byers A. M.) Calumet Ac Arizona ., Canada Dry , , 31 .. 11 33 'i 40 S Canadian Pacific- , 30 Case (J. I.) Co 741 Chesapeake 6c Ohio 36H Chicago ureal western ovx unic. sin., 01, raui et rac, Chlcaeo At Northwestern. 3 3t Chrysler Corp 23 Colorado Fuel Ac Iron 16 Columbia Gas 31 ; Columbia Grapnophone Commonwealth it Southern. ... 8 Consolidated Oas 85 Continental Can - 5'. Corn Products 67 'A Curtlss-Wright 3 DuPont de Nemours 90 Electric Power Ai Light Erie Railroad 23 'i Fox Film A IB General Asphalt '. General Electrlo 42, uenerai rooas w General Uotora 38 Gillette 23 Gold Dust 28 Goodrich (B. F.) Goodyear Tire As Rubber, Houston Oil 43 Howe Sound Hudson Motor 13 Hupp Motor Car Corp Indian Reflnlmr Inspiration Cons. Copper 7 International Harvester 43 international jmickci 1 International Tel. Ac Tel 32 Johns-Manvllle 64 Kansas City Southern '. Kcnnecott Copper ID KTCSgC IfJ. O-J -50J4 LlRgett & Myers B 74 Loews inc 40Vfe Mathlcson Alkali 22 Mack Trucks . Miami Conner Micl-Contlneirt Petroleum 10 Mtssourl-Kansaa-lexas la MOiugomei-y wara u 4 Naiih Motors 28 National Biscuit Co 01 National Cash Register A 28 National Dairy Products 85"' National Power At Light 2 Nevada Cons. Copper 10 ' New York Central 8 N. V. ft. H. airt Hartford North American 7o Packard Motor 7H Pacific Gun Si Eeiectrio 47 Fan American u faramounc-t uDiix " i. Pennsylvania Railroad 48 Peoples Gns 201 Phillips Petroleum 8A Pierce Petroleum 2'i Public Service of N. J 61 Pure Oil Company E Kadio uorporaiion iu'. Iiadio-Keith Orpheum A.i 14 Reynolds Tobacco B 61 Sears Jtocouct do Shell Union Oil Simmons Company 10 Kinrlnlr Consolidated tl'i. Southern ramie hj'? Southern Railway 32Tn Standard tins Electric, Standard Oil of California., Standard OH of New Jersey, ' 37$ 30 'i lBli Standard Oil of New lort. Stone A; Webster , Studrbakcr Corp , Trxus Coi l) , 32': . . l: 24', Texas Guly . . 36 Texan Pac. Land Trust 11 Tlmken Roller Searing 34 Transcontinental uii unnerwooa p.inotc nsner.. ou Union Carbide 6i Carbon 61 United Aircraft United Corp 23 "i United Gas Improvement 80 United Stntes'Hubbcr 16'i United Htntea at eel OTi Utilities Power St Light A 33 Vanadium 32 4 Warner Uros. Pictures 7 Western Union 118'a WfstingnouKO Airuraxcs Westluglioune Electrlo . Wlliys-oveiiano wool worm r. w.i w Worthliurton Pump 51 Yellow Truck it Coach , 8 BKi.r, Tf.n emu stocks American Light Ac Traction. . American Superpower 114 ."it ion AKftociatea unn a Brazilian Traction L At P... Cities Service Cord Corp Crocker-Wheeler Electric Bond Ac Share 40 Foid Mntor Ltd 12 Fox Theaters A 2 flnldmnii Hnchs Tradlllff . 6Ji Gulf Oil of Pa 59 Humble Oil ImHim Ter lltum Oil B.. Newinont Mining 31 Niagara Hudson Powr US Ohio Oil Pcnnroad 8Ja Sheaffer Pen Standard Oil of Indiana 27 United Gns Corporation 7 United Light Ac Power A 21 Utilities rower i i.ignt w IMKNTMENT TKIST" Corporate Trust Five year Trust . . ... . . . . era. colored up to 3 lbs. 20c: Leghorns ius. inc; 01a coiorrn rwmiB 10c; old Leghorn roosters 6c; stags nominal colored roasters over 3 1 j lbs. 27-2V: 3-3'i lbs. 23-36c; Tur keys, nominal: squabs 32-23C per lb. roRTi.txn ni iaH, rf.ot'R Portland v-Sugar: Cane, granu lated MHO; beet 4.75 cwt. Domestic Hour; soiling price deliv ered: Patent 4s 45 20-45 40; bakers' blucstem 4.40-M6O; Montana patent 6 03-65.70: soft wheat flour 4.70- 4 90: whole wheat 4. 10-94 30; gra ham t3 90-4 10. ItOHTON nooL Boston (UP) Inquires ar being recelvetl of 50s of both fleece and ter ritory lines and occasional sales are being made. Prices are firm at 32-2c3 lu the grease, or 4l-43c scoured basis, on strictly combing 60s fleeces and 4751c scoured basts, on strictly comb ing 6tfs territory wools. Many current Inquiries are aecom- fianled by requests for Immediate de ivery which tends to hamper trade, especially on graded lines, aa a num ber of houses have recently sold about all the wool of certain qualities that they can grade for several weeks. N IRANCISCO APP1.F.4 " San Francisco i4l istate-msrket news service. Apples. Calif. Newt)ns loose 6.V-S1 bov on eked U-v. 4I-41 50. Oregon. New towns, xf large $2 60 2 76. WnMngtcn: Home Be mi tie, fiincy t ?9 l 75; Wtneap!i, xf 2-2 25: new crop Gravrnste'ns. wrapped A0 to ! 66- 40-lb. luns fnncv It tl IT C grade 76-fKlc Red Junes, best 2 3 50. small gi-gi 90. c - FR AN ls( I.H tTOCK Man Francisco tUPi Hogs 300: market about 10c lower, tons more. Top SH 15 on 2 cars 160-165 lb Call forniaa. sorted 10 out at 98.15: two loads 195-tb. M 50 aa 86: small lot of J.W lbs. 8, packing sows steady at 1 5 45 54). Cattle 350 Including 60 holdovers: market slow, steady. Inquiry lor good BjO-1000 lb. steers up to rr; small lot medium 855-lb. trucked Ins. 86.60' cars common 016-lb. horned Mexicans 0.30; sne stocx siow; pig. vod-io. grass cows M; bulls 64 down. Late Monday, medium 1060-lb. grass steers go.bo; no caives. uesiraoie w-ouu id. calves, quotable at 7.50. Sheep 3100. Including 180 holdovers. Nothing done early, demand Indiffer ent; thirteen decks medium to good Oregons offered; good to choice 76-1 b. lambs quotable t 5.76-16.76; lat Monday 3 cars good 70-80 lb, north coast and Oregon 66.26; deck medium 00-iD. 90.10; two cars common co-ids. 3.60. DRIED FKt IT. HOPS New York A1 Xvapoated apples sieaoy. unoice -w'ic; xancy iu-iu',. Prune steady, Calif. 3 '.4 -ll Oregon 6-ec. Apricou steady, fancy 18; choice 14. extra choice 14 'A. Peaches steady. standard 8-4; choice 8; extra choice 9J4. Raisins steady, loose Muscatels -t; cnoice o jancy sceaea 0-0 Vii seedless 6'. nops s.eaoy, siaie, iway, 4v-dac 1B29, 17-18; Pacific coast 1930, 20-23C 1V4V, iO-iOC, LIVERPOOL WHEAT Liverpool (UP) Wheat range: oDen high low close JUiy 604 00 60 60 iytMJL?cr oj 'u 01 ou'i ox December ... 63 14 63 H 63 63 March 06 86 66 66 CHICAGO GRAIN Chicago W Wheat futures: ODen blah low close July 62 54 62 64 Mpiemocr .. oj',a i "-4 oa'k on December ... A74 68 61 68 Cash uraln: wheat. No. 1 red 5 52 No. 1 hard 53H-54'i; No. 1 yellow no. 1 mixea ob-oj m 6B4-i. OaU, No. 3 white (new) 26; No. 2 white (old l 27 'i. Barley 36-50. Timothy seed, 4.60-M?76. Clover seed. tl3.50-ft20. Lara wt.n; rios. Denies f7,70. SAN FRANCISCO DAIRY San Pranclsco (UP) Wbolesale dai ry market : Butter, 92 score 36c; 01 score 35'Ac: so score 25C. Eggs, extra large 23 He; mediums 19'Ac; small 13Ac. leeae, triplets, flats 13c. PORTLAND WHEAT Portland i Wheat futures: ODeri high low close juiy toiaj July (new) Sept. (old) Sept. (new) uecemoer ... o&Vi ojJi oavo Cash wheat: bik Bend B ueBtem 65; soft white, western white 60; bard winter, northern soring, western oats, no. 2 wmte fie. Car receipts Tuesday unavailable, HAS FRANCISCO BUTTERFAT Ban Francisco A1 Butterfat to.h. San Francisco 27 c. HAN FitANCISCO STOCKS San Francisco (UP) The character of early trading on the San Francisco stoca exenange iieeaay was practical ly the same aa that of the previous session. Prices showed a quiet but firm tone, with leadership confined to the oils. Trans-America softened from a high and ooenlnc of 7V. to biiuw a ivas 1 -"n on iimuea volume. PORTLAND HAY MARKET Portland Hav. buvlns nrice for producer: Aiiaiia jn-sia- ciover fio- fi; oats ano veicn fiu-sii ion. CIIICACiO LIVESTOCK Chlcniro liH (U S D A.) Hotrs lfl 00O- bulk 170-220 lbs. 7.40-7.55; 330-260 lbs. 46.75-97.30; pigs G 25-7. Cattle 6000: calves 2500: slaughter steers, gooo-cnoice ouu-iiuu ids, 7.0O' SHu; veniers fo.75-B.6. SheeD 10 000: native. lnmh ft7-7 RO' choice range yearlings. (!: lambs GO Ihs. down, good-choice 6.75-J8; med ium aa.o-sH.75: an weights common $4-45 25; ewes 90-160 lbs. medium to cnoice i.7d-sj.5o. CLAIMS HE WAS CUSTER'S SCOUT Okmulgee. Okla. (LP) Historlfiiis have recorded that not a white man escaped alive from Custer's mas sacre, but "Billy the Kid" contends there was at least one himself. As he celebrated his 95th birthday here recently the veteran scout and pioneer, known in everyday life as B. Giuitor, related how the color of his hair saved his scalp when the warring Sioux, led by Chief Sitting Bull, slew 300 United States cavalry, men on the Little Big Horn river In the Dakotas In 1876. I was wounded 14 times in that affair," he said, "and the Sioux threw me back Into the maze of dead soldiers' bodies because they were scalping only black-haired men. 1 had dyed my hair with blood to make it red." Ountor, or Billy the Kid, as he said he was known to General Cus ter. Buffalo BUI, Kit Corson, and other famous scouts and lenders, was born in Arkansas in 1836. He left that state in early manhood to become a "part of the west." Later he Joined Custer's ill-fated band as scout, he said. As to Custer's fate he did not know. Older historians recorded Uiat Custer died at the hands of the Sioux. Recent recorders say Cus ter died by his own hands rather than be captured by the Sioux. Sitting Bull, so the recent accounts maintain, ordered his braves to cap ture Custer alive, and when the braves closed in on Custer he took his own life. I Billy the Kid claims he escaped I the Sioux despite the fact that the United States government will not recognize his application for a pen sion as a scout to Custer because he has not proof other than his own word. "Federal officers told me that his tory said every white man died that day, and, that since X have no dis charge from General Custer they cannot recognize me as a member of the troop," Ountor said. Safety for Divers Tests have been made In Loch Long, Scotland, of a new salety dress for sailors employed In sub marines. It Is the Invention of H. L. Davis, and Is said to have been successful In bringing men up from aeptn oi rert. me dress con tains a breathing bag which la sup plied by a small cylinder of oxygen fixed below It. Poisonous carbolic acid gas of the exhAlcd breath Is absorbed by a rartrtdee ol soda lime. Should the submarine sink, every man aboard would don an escape dtvss. which will keep him safe from the poimous gases given with the accumulators. When the hull Is flooded the crew escapes through the hatch of the i nning tower. BKAMKS MI.ET TRAIN Lockes Mills. Me. up Five beav ers meet the 9 o'clock train here each night and later loiter around the post office. The postmaster hss suggested that maybe they're wait ing for their mall. DU'-k 01 DOM, 01 60 8U4 604 01U 60 so 50 4 60 (2 61 51(4 61 61(4 06 V. OIL SHARES AT TOP OF MARKET LIST TUESDAY New York (IK Oil lharei stood out In the late trading on the Mock exchange Tuesday on advices from Oklahoma that operators there plan. ned to raise prices In Oklahoma state, Kansas and north central Texas. The market generally was firm with dealings above Monday's ab normal low level. According to preliminary calcula tlons the Dow, Jones and Co., In dustrial average advanced 232 points to 1M.70, rail average rose 1.40 Dointe to w.w ana uiuny aver. are was UD 0.71 Dolnts to 29.28. Sales totaled 1,100,000 shares, compared with 700,000 shares Mon day. Traders paid close attention to the foreign situation all day. But near the close the domestic news took on more significance marketwlse, In addition to the report of an oil Increase, the Tulsa Oil and Oas Journal reported a drop of more than 108.000 barrels dally In crude oil oroductlon and reports of cur. tallment efforts came In from Call fomla where a drop was expected next week. Dow, Jones & Co. estimated steel ingot production of the United States Steel corporation at 33 per cent of theoretical capacity, against 31 percent In the preceding week. The steel Industry as a whole was only slightly above 31 percent, the figure of last week, because Inde pendent operators were down enough to make up the gain oi me sieei corporation. Steel common was bolstered up by the rise of production of the corporation w n i c n encouraged traders In the belief the steel In dustry had turned up from Its slump. In this connection President Eu gene O. Grace of Bethlehem Steel corporation was quoted by Dow, Jones & Co., from Boston as say ing: , "If business has not touched bot tom it Is close to It." Grace sav iJthing on the busi ness horizon that presages an Im mediate upturn beyond purely sea sonal advances which he felt would appear In the fall. Other leading industrial iouow- ed Steel common ud. Toward the close a slight setback from the highs occurred, but the majority of Is sues closed higher. Most consistent gains were re corded In the oils which were monopolizing the tape near the end of the day. Gains of about a point were recorded In General Asphalt, Texas Land Trust, Mexican Sea board and Standard of New Jersey. Houston gained more than 2 points. Utilities rose fractions to more than a point, while rails Joined the remainder of the list Into higher ground, Atchison gaining more than 4 points and New York Central 2. Coppers were firmer on firmer prices for the metal. General Mot ors and Chrysler were firm In the motor group. Pierce Arrow A lost nearly a point following action of directors in omitting the dividend due at this time. Timken Roller Bearing was another Issue to sell off, losing more than a colnt in anticipation of a decline in earnings for the first half. Several favorable reports were among Tuesdays news Items. In ternational Business Machines show ed net equivalent to $5.64 a share In the first hair oi imu, againsi 82.01 and Congoleum earned 42 cents against 40 cents. Hershey Chocolate six months net amounted to 84.718.680 against 84,253,714 In the first six months of 1930. DISCOVERS RACE OF PRIMITIVE CAVEMEN (Continued from page 1) those primitive people who wand ered Into Europe and spread Into the Himalayas.' Because the tribe was kept un derground virtually in captivity of tribes of nomads hostile to white men. Dr. Torrance said, his party was unable to learn many oi ine secrets of the mysterious race. He expects to return and overcome the nomadic hostility and then study the life and habits of tne under ground tribe. The explorer said a few of the inderground men had escaped from their regular confines. "They were once black, appar ently," he said, "but are now dusky gray from living for centur ies underground. Their features, however, are Aryan, not Negroid. and they have the same facial characteristics as the inhabitants of northern India. "Their spoken words have hard ly developed to the stage where they can be called a language. "One could say that they repre sented a race which might have lived twenty thousand years ago, perhaps much longer. Why they are so Jealously guarded by the noma dic tribes which live on the fringe of their territory is another ques tion. My guess It that it Is the same Impulse as that which leads civili zed Individuals to sequester and conceal Idiots or persons with hi deous deformities." Dr. Torrance said the tribe was found by an expedition under the leadership of Sir William Simpson of the Royal society of tropical re search. Dr. Torrance was assigned to an area near Lake Chad and through contact with the nomads learned of the underground tribe. He first located the tribe In 1923 but was unable to get near It be cause of the hostile nomads. He ob tained his first definite evidence of the underground people this year. FINDS CAR AFTER 8 YEARS Damarlscotta. Me., Dr. Nrlll Parsons was notified recently that his automobile was in a Los Angeles California garage, with 833 due for storage. The car was stolen from the yard ol his home here three years ago. Trans-America To Reclassify Stock Wilmington, Del. (IB Stockhold ers of the Trans-America corpora tion at a special meeting Tuesday unanimously approved a recom mendation of the board of directors, re-classifying the capital stock of the corporation by changing in heretofore authorized fifty million shares at (25 par value stock Into the same number of shares without a par value. The vote represented 77 percent of the outstanding stock. MEDFORDPEAR GROWERS SPURN SALEM OFFERS Returning from several days spent In the Medford pear district a local fruit buyer reports that the pear growers of the Rogue are spurning all cannery offers except those from north California growers, a resume of whose purchases has recently been printed and as a result a num ber of the northern state canneries are so far taking In requirements from yam ma. Keport is to tne ef fect that a considerable tonnage from the Roseburg district Is com ing this way, but details of the deal are not available. The buyers stated that Medford growers are showing Interest in shipping possibilities but changing their ideas somewhat from last year by looking for f.o.b. sales and are not so interested In consignments as last year when many were made and many growers are said to have gone Into the red on them. Up to date the f.o.b. sales are said to be virtually nil but growers believe that the market will open up some. The buyers stated that this year the crop, while possibly not so large as In some years, is In beautiful shape. Growers have been very care ful in thinning this year with the result that the crop possibly is pre senting a higher average on size than in many years and with mag nificent sizes the crop Is also nice and clean throughout. He believes that because of the larger sizes brought on by thinning the final total tonnage may be brought up to nearly normal. He reports that it has been ex tremely hot in Medford both night and day. FINES LEVIED IN PETTY CASES Charles Perrin, resident of Cali- fornia.w osf lned $15 and costs in Justice court Tuesday for reckless driving to which he pleaded guilty. He collided with another automo bile driven by T. C. Bettis. also of California, the latter charging that Perrin failed to give room lor the two cars to pass. John Marshall pleaded guilty to a charge of possession of liquor and was fined $25 which he paid. Jack Hanlen paid a fine of $50 assessed against him for possession to which he also pleaded guilty. The most spirited case before Justice of the Peace Hayden in the last two days was the case of Ar thur Little, accused by John Lane of assault and battery. It was found that Little used Lane up quite thoroughly with a two by four, but that Lane started the trouble. Justice Hayden found Little not guilty and dismissed thee ase. Harry Walp Tuesday pleaded not guilty to a charge of robbery being armed wun a dangerous weapon and his preliminary hearing was set for 2 o'clock Wednesday. Rex Jones pleaded guilty to as sault and battery on the person of Rex Cain, near Turner, and was fined $5 and costs. He was unable to pay the fine and Is 1 njail. Ed storts will have a trial Tues day afternoon for alleged short measure in a wood sale. He was arrested by J. P. Jones, deputy state sealer of weights and mea sures. POTATO GRADING LAW ENFORCED Strict enforcement of the state potato grading act through a more adequate inspection service of grades and standards was pledged to potato growers at a conference Tuesday morning between Max Oehlhar, director of the state de partment of agriculture, with a committee representing the growers of Clackamas county. Attending the conference were H. P. Zlvney, secretary of the Clack amas county and state potato growers associations; Fred 8. Per- rine, secretary of the Clackamas county chamber of commerce, and J. J. Inskecp, Clackamas county agent. Information was also promised to the growers regarding stencils for marking potato sacks. OUTPUT OF STEEL THIRD OF CAPACITY New York IIP) Output of United States Bteel corporation for the week ended Monday, was estimated by Dow, Jones and Co., Tuesday at 33 per cent of theoretical capacity, an increase of 3er cent over the preceding week. Two weks ago. be fore the Independence day holiday, the corporation was at 32't per cent of capacity. independent steel companies con tinued to show curtailment. Their operations were estimated at about M' per cent of capacity, asninst 31 per cent a week ago and 32 per cent two weeks aeo. The average for the steel indus try as a whole U up a fraction at shade over 31 per cent. At this time last year the U. 9. Steel corporation was at nearly 64 ceni; lnoependents around 52 per cent, and the industry as a whole at 57 lt per cent. j WHEAT STAGES GOOD ADVANCE; TRADING LIGHT Chicago (LPV July wheat led a sharp advance on the board of trade Tuesday that ran prices up more than I1 cents In the wheat pit and carried prices In the other pits up correspondingly. Shorts covered in the nearby month after an early advance. Trade, however, was small and hold the market did not hold the best prices. Corn recovered from a weak opening with wheat but eased off slightly toward the last. although holding a net gain, oats followed the action In the major pit. At the close wheat was H to 14 cents higher, corn 3-8 cent higher and oats H-14 cent higher. Provi sions were uneven, lard firm and meats sharply lower. Chicago (&) Awaiting news of definite developments at the inter national financial conference in London, grain prices marked time early Tuesday. Fluctuations kept within extremely narrow limits, and showed no pronounced trend either up or down. Starting 3-8 cent off to H cent up, wheat later held near the initial range. Corn opened unchang ed to Vt cent down and later fluc tuated but little. Portland (IP) Wheat futures closed higher on the Portland mar ket for the Tuesday session with a fair increase in trading volume. Final price for old July was up cent, new cent, old September cent, new cent and Decem ber cent bushel. On the Port land merchants' exchange cash prices were up 1 cent bushel for the day. VEATCH HEADS LINEN MILLS Legal organization of the Salem Linen Mills, successor to the Oregon Linen Mills, has been perfected at a meeting in Portland with John C. Veatch, Portland, president; F. J. Gllbraith, Salem, vice president and general manager, and J. B. Meek. Portland, secretary-treasurer. Or ganization is culmination of a cam paign of six months in which was worked out the plan for exchange of stock in the old company for stock In tne new and raising subscriptions of $80,000 for operating expenses. Refinancing also Included sales of bonds In the old company and the wiping out of its indebtedness other than $150,000 In bonded indebted ness. The new concern has 600 shares of no-par common voting certlfl cates of which 100 go 4o preferred stocknoiders in the old company. While 3fl people are now employed at the plant with a payroll of about $1000 a week, it Is expected a totAl of 100 will be employed with the mill working at capacity. Much of the old weaving machinery Is expected to be replaced by modernized equip- menc. Last Man To Be Honored By Veterans Stillwater, Minn. (U) Tales of heroism by his comrades will be re ceived Tuesday night by Charles Lockwood, lone survivor of the flret Minnesota Infantry which 70 years ago marched away to battle after an all night dance. On the same spot where the men gaily kissed their wives and sweet hearts goodbye and then set out to defend the Union at the call of Father Abraham," Lockwood will be the honored guest of members of the Stillwater post of veterans of Foreign wars. Lockwood's company was ordered to the battle front. The 100 men were reduced as battle after battle took a toll. After the war, annual meetings were arranged so the men could tell yarns of amusing Incidents during the war. Tnen came the suggestion of the "last man's club." They loked and wondered who would be requlr- ed to drink a toast to the departed memDers oi the organization. Last year, Lockwood formally closed the records of the club when he sipped a toast of Burgandy while 33 flower draped chairs were all that served to remind of his dead part ners in battle. Tuesday the 33 vacant chairs will be there but so will 100 state offi cials, World war veterans and other Civil war survlvera. DAIRY REGULATIONS JOINTLY ENFORCED Wnrlr nf .nfnwlna .tut. mnA 1A . eral regulations for the grading of butter and other dairy products and eggs will hereafter be carried on Jointly under a contract be tween the federal farm board and the Stnt rirnBrtiTunt svf ..,-!. .1. ture, Instead of by the farm board ana uregon state college. This was decided at a conference here Tuesdav mornin. between j D. Mlckle, chief of the food and dairy division of the stat depart ment, and William Schoenleld, re glonal representative of the federal irm uoara. xjciaus or the con tract remain to be worked out. Combine Machine Draws Biff Crowd West Salem A enmhin . .A-b on the J. R. Bedford place Saturday waa quite an attraction and drew many visitors. Combines are largely U5ed In e&JCt.rn Oramn i, ,. .1 . - ... ..... v..bv.. aim iu auiirc extent In the Willamette valley, but me one Harvesting Bedford s grain is possibly the onlv nn vhih ho been operated so close to the city Sinclair Merging Three Oil Companies San Pranclsco (W-ConsoUdatlon of Rio Grande Oil Co., Tidewater Associated OH Co., and Sinclair Consolidated OU corporation, la be ing negotiated by Harry P. Sinclair, chairman of the firm bearing hla name, he admitted Tuesday follow ing his arrival here from Del Monte, where he conferred with William F, Humphreys, president of Associated. highhcelerT prices obtain Portland (IP) Price depression of other foodstuffs means nothing to Oregon celery growers particularly those of the Labish section of Mar lon county. Highest early-season prices paid in 18 years ruled Tuesday for car load lots of celery, with the market trend apparently growing stronger. The first carload of the season moved from the Milwaukee district sold at Oklahoma City at $4.90 per crate loose pack. Largest sized stalks are selling at a premium. Labish, which at the moment Is the only district able to supply 4s and 4 lis, la particularly benefitting, reports said. Strong demands from the mid west, the southwest and the lake re gions, in addition to the normal market in California has resulted In shortage never before known 1b Oregon. FEW CHANGES IN SITUATION San Francisco (JP) Bradstreet's "Trade at a Glance" survey for the Pacific coast made public Tuesday, showed few changes of note In the gem ral business situation, but called au.iition to growing Improvements of unspectacular but fundamental significance. Los Angeles retailers reported sales last week showed a small In crease over the previous week, due principally to July" clearance sales. Department stores of Spokane re ported business equal to or ahead of last year. Convention and tourist trade was found helpful in San Francisco. Portland reported a moderate amount of new crop wheat had been sold by exporters. Trade was quiet in Seattle, where collections were reported very slow. Collections, how ever, have been slow throughout the coast region in all reports from all centers this year. San Francisco and Los Angeles re ports both mentioned lack of sta bility in the oil Industry as a retard ing trade factor. WOULD GIVE AWAY FARM BOARD WHEAT Enid, Okla. 'V) Relief for the American wheat farmer and debt burdened European nations by giv ing away the nation's 250,000,000 bushels of farm board stabilization wheat was proposed Tuesday by John Manley, manager of the Okla homa Wheat Growers' association and a member of the Farmers Na tlonad Grain corporation board. "This plan would create better ' feeling, relieve American agricul ture and start citizens of the na tions to eating wheat again," said Manley. "Some nations have got along 1,0 long without wheat they don't think they need it." $100,000 DIVIDENDS FOR GRAIN GROWERS Spokane (Dividends of more than $100,000 for 59 locals In North Pacific Grain Growers, Inc., north west marketing unit, have been de clared, A. C. Adams, treasurer of North Pacific revealed Tuesday. Of the total $21,000 represents a six per cent dividend on $350,000 of common stock outstanding and $80,000 Is patronage dividends based on amount of wheat handled. Neither dividend will be paid In cash, Adams said, but will be cred ited to amounts due from locals to North Pacific on stock subscription notes. The disbursements came from the first year's profits of $117,500 re ported by the regional. DETROIT SEEKING PARTY CONCLAVES Detroit, U Detroit, the nation's fourth largest city, will bid for both the Republican and Democratic 1932 national conventions. While no formal applications have been filed with the parties' national committees, the matter has been discussed with Republi can and Democratic leaders, who are pushing "our cause from the Inside', according to J. Lee Bar rett, director of the Detroit Con vention and Tourists' bureau. Senator Arthur Vandenberf, of Orand Rapids, and Mrs. Blna Mil ler, of Port Huron, Michigan's wo man representative on the Repub lican National Committee, have been making overtures In O. O. P. circles. Barrett revealed. Horatio J. Abbott, of Ann Arbor, Democratic National Committee man, and WlUlam J. Comstock, former committeeman, have been similarly active on the Democratic side. Barrett said. Barrett estimated that 1125,000 would be needed to land either convention. GIRLS Ol'TDO BOY8 Phoenix. Arlr . (IP) Phoenix high school boys have a hard time Im pressing girl students these day, as a result of recent honor roll records which show that 313 girls made the required grades as compared with only 319 boys. lt Is estimated that electric power developed In Oermany last year to- taied 30.000,000 kilowatt-boura.