PAGE 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.