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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Dec. 21, 1931)
THE CAPITAL JOURNAL. SALEM. OREGON MONDAY, DECEMBER 21, 1931 BUTTER EASIER EGGS UNSTEADY CHICKENS WEAK Portland (IP There continues to be reflected a weaker tone in tlic butter market locally which Is more or leu a picture of tlie general American trade. Increased output In reported In the local Held. Some recessions are noted. With much of the surplus milk bclnrr turned into butterfat channels the local creamery Industry is Buf fering 'rom an overplus of offer ings at the movement. This has resulted In a further recession of 1 cent in the buying price almost generally. There was no change openly made in the price of eggs for the week's opening but some shad in Is indicated. Undertone of the market appears fractionally easier and some are forecasting lower prices. Market for live chickens Is a very ad affair here with very little de mand In stent at the moment. Pre vious low buying prices are con tinued with the trail.- not at all In clined to rush purchases. Market appears well stocked with dressed geese which are selling mostly around 18 cents pound. Ducks are in better supply in spots with the best dressed at 20 cents generally. Some lancy cauliflower out of the Rose burp section Is being received In the Portland inarkrt. As the quality Is excellent considering the season, sales arc general iy ocing made around $1.50 crate for No. 1. First carload ol Mexican tomatoes of the season has arrived in Port land. As the trade is famished for good stuff, the supply Is meeting with favor. Hothouse stork is es pecially very scarce. Mexican to matoes pav a duty of 3 cents pound. First mixed curload of Texas vegetables has been received by the trade here. The stock consisted or eggplant selling around 15 cents, green beans $5 bushel hamper and peppers 20 cents pound. Florida tangerines are arriving. Arc of good quality and priced around $1.85 bushel hamper. There is a small demand for Japanese oranges owing to the rather high price. Potato trade is drag 'ing with prices unchanged. Country killed lamb is In good demand. Demand for hogs Is easier and the price lower. Dressed calf market Is Inclined to show a steady tone at a nickel for best. Demand for apples is lapping with a lack of snap by distributing interests. TODAY'S MARKET QUOTATIONS i . CHRISTMAS MAIL UP TO THE AVERAGE Evidently deciding to ignore the depression and make a Christmas out of it regardless, business at the local postoffice has speeded up un til it has reached a point where it almost equals that or normal years, in the opinion of Postmaster Far Tar who has been watching the sit uation. Up to Monday the volume of mail, outgoing and incoming, had averaged about 85 per cent of that of last year. Monday, however, found the local office virtually swamped with packages and let ters while the main lobby of the federal building was crowded with persons loaded with packages. Thirteen extra employes were put to work Monday, while it la likely more will be added to the list by night. While the rush of mall will prbo ably reach its peak, especially that of the out going variety, there has been no delay In the handling of H, Arthur Gibbard, assistant post master, states. He Is urguig per sons to mail their letters and pack ages immediately In order that everything may be cleaned up by Thursday night. There will be no deliveries of any description Christ mas day. Salem Markets Compiled from reports of Sa lem dealer, for the guidance of Capltiil Journal readrrs. ilteviM-d Daily I. ill tuts iKin: Wheat. No. 1 hite ttu. ltd sacked St.c bushel. tvid oats 121 ton; milling oats and buriry S-J leu. M'-uU: llnKC trip (trail r 130-ISO lb M i: lMI-l'UO IIjs t.iOd. lb. 4 .i 2a-tA 'lit. t'.itut. tn ;i't'i a,..-e,;c lb; Inn mu-h 1 .-3- .: mil ami tultiin l-'Jc Sf.i'-p litiiir 4-4'ji, jeitll.ni; Wltlt- 1 1 -1 1 r.,lvi!-. tali ib lop 5'i-Cc; hiaxy A; u.iiis ;i-4'. lJii-Md nirMn. top xrul P rent tv.iuU. h:iv b-'iC Top !... 120 10 d 10 Utt.tT vii(ti! 5',C up. I'o.j'.iri. In l.t Ik ns Hii'. mt-rilum t?c lh . lit ;.x I i-us I.' M'rim't m 14- tin" 7l. old luur-iri tic ib '1 at ky STJ 21 if. l-vi'v n,r(U.;ni ". fcTiiiiil.iiils 23c; In .-1. i t us iin.-i r. li;. -Ti:f.i' :'!'. l;inie hitter vn lOi . . i itw cM L 1 1 .' liil.ii li t .1 !)! 2'1 i ' l . i t - j.ruini; mU'c: M.rtuii m.iu ty ti.pii f. i; . li...l K ll inn 1 i I. run 1 Frr.'i Itirt tMitinri to rn'M to 2itr, t- i.'.'".' lit Stills .i -il, S44 :.'". plto r p:. h. juuh .nut 1mm lilris ki. I Mi...lli-r. - Mi U-miui- am . 7f. .-.".. i.im-.. li";:. hi ti n of itt'ii, Ciiuprli int. I'.il. S t. Tdihu. :i 2b. KlinUU. f l-H Ml B.innnim 61' lb. Apple, nil 7 in 1"X :inpi:ur ftiupen 1 00 Urouiuli henus 1:- box. iiuiibiiiuit, iuiiicr 4.Ji i-a bill. t;llt dated fl 1 jr. Firs 'rtrlrd) 1 40 9'A I'Ktte t'nlitxos ti 2!i iMr. I'umh .onry, 12-tw. 75 raiw; lu-or. tA'ib Chm. ('()' ). 11 uU ib m k. ft'omgrfcu Itex. 1 2d hot. FrrMi vn(Pt;ibleor Tomatoes, hot linus 13 76. Calif 2 7i. U-ltuie. 8...--Thmeuto Icrd ;iai-4. Tilery 7.V-I1 lnr'ti. C ileum tierw. hotliou ()c-$i diN'rii. Pplnaeli l 25. tirern priHwrn 2JC Ih. Uarlir Ib. KnimMi. lan- lfh a',c, Hiibbnrd I'jC tb. I'linipkiiift Sr. 8rrt potatoes 3r lb; oiithrrii yanm $2 76 hnmper. rcaitutS. raw 10c lb . roaslrd l'2c lb Bunrtirs: Turnlpi 45o: pnrslejr. Carrot!. b-et, onlotift. rallh 4c. Sakv Potntoer. I0r.1l 9 1 23; Yukt mm. DlHfbirdi SI 05: comblnntlon 1125. Carrnti. brrU. turnip, nitubn (t.m. prnips 2-i'tC Omous, LabuUl 3 ,c lb. nnoi. moiimr M-.rk. t n munat Viort CMime IS Tf ' tun lor. Umb Uc Mohair noiu 11 I. rORTUIND IJVEKTOf'K PortlhiiU vi- Cattle li30, calves 50. Slow, titsicr undertone. milium 14 bO-S5.76. common S3-S4 60; buo-lioo Iba. food S5.75-tt.25, medium S4 60-f 5.7i, common J-.w; iiw loo lbs. good $5 50-16 25. medHim 13 50-15.60. Heifers 650-S60 Iba. good $5-Stt 00. medium S4-S5. common 92 76 to 4. Cow, good S4-S4 50, common and medium I2.75-S4. low cutter and cutter Sl-12.75. Bulls, yearllntts ex cluded, good-choice beef S3-y 50, cut ler, common and medium S2-S3. Veul ers, milk fed Kood and choice S7-I7 60, medium 5.i0-7, cull and common 53 50-4 50. Calvea 250-500 lbs. Kood cholco t'o 50-97, common and medium 93 &0-95.50. Hobs 2650, Including 450 direct or through; 10c lower for killers. Light HKhU 140-180 lbs. good-choice 94 50-95.16; 160-180 lbs. good-choice 95 00-95.15; 1 B0-200 lbs. good -Choice fi 00-95.15; 200-220 lbs. good-choice 94 50-95 15; 220-250 lbs. good-choice 54 2S-S5 00: 250-210 lbs.- good-choice 94.15-94 85; 2U0-350 lbs. good-choice 94 00-f4.va. racmriK sown io-ouu i milium and Kocd 93.75-94 60. Blautrh- tcr pigs 100-130 lbs. good and choice ( ). reeaers-st or iters iu-iou iu- good and choice 93.50-94 25. Sheep and lambs 600. Quiet. Lambs U0 lbs. down, good-choice 94 4 'At. mriUtim S3-94. all weights com mon 92-93. Yearlings wethers 80-110 lbs. medium to choice 92.75-93 50. 1-u.pm 120 lbs. medium-choice i.r.i-s, 120-150 lbs. medium to choice 91 50 91.75; all weights, cull to common 91-915U. rOKTI.tND I'KOMI i K F.XC'IIANflR The following pritea were named to be riieciive Moiidtty. uuiter quoia- lions for shipment from country cri-iimerlea. add C ID. Butter, cube extras 27c; standard 27c: Drlme firsts 26c: firsts 2t)i Ev"tis. Pacific poultry producers" sell ing prices: Fresh ex trim auc; tianu ards 27c; mediums zdc. roitTi.ANO whoi.sam: ritii Ks These are prices rctailcra p;ty whole salers excent where otherwise noted Butter, prints U2 itcore or better 31- 33e: Ktandards 2J-31C rarton. Buttrfut. direct to shippers: Trark 27-2Hc; station, No. 1 2Uc, No. 2, Z-ie Port In nd delivery prices: No. 1, 28 2'jr; No. 2. 2-27c Ib. Cheese. kHUuu price to Jobbers: Tit lnmoGk county triplets, 16c; loaf 17c lob. TilhiniouK. Helling price to rori land retailers: Triplets IH, loaf lUc. Live poultry: Net buying price, hea vy heim, colored 41'2 lb. up 16c lb mediuniH I3c, llht lie. Broilers, un der "-, lbs. 14-lB. over Hib. 14c i:oloreu nmsters over 3 lb. 14. old roosters 8c. 1'ekln ducks, 16c, Ucebv 1ZC ID. Dressed poultry, selltng price to re tailers: Turkeys, hens 30c, young lomfc 28c, old tolas 20-25C Uti sll Ull IT Oranges. Calif. 94. Navels wrapped 92 40-44. place pack gj 10-SJ.0.1. (irupcfruit, Culif. 92-92 7. Florida S4 eahc. ijemons. uaiu. m a-ia is Limes. 6 do, cartons 93 25. Bftnaiias 5-6 'c lb. lira pes, Emperor be lb. Anjou pears 50C-91 box. Cranbt-irlen. 94-94 50. t ltt.MI Kl.hTAHI.CM Cabbage, local, new 1 1-2c lb. Poia iocs, local, U0c-9t; lteschntm 91 25-91 35; eastern Watthlngton 75c 91 25. Onions, selling price to retailers Yakima Olobes 93.25; Uregotut 93 25 93 50. Cucumber, hothouse 91-91 35 dog. Spinach, local 91 25 orange box. Celery, lucal 91-91-25 dew , hearts 91 liO lo'en Duncnes. Mushr(K)riiK. hothmiBe 55-60e lb. Bell peppeiB. Calif. 10-12c lb, red 15c lb. tiwect potatoes, new Calif. 24- 2'vc. Cauliflower, northwest 75C-9. crule; Calif. 91 '50 crate. Tomatoes, Calif. 93 50 lug repnrked hnthousr, fancy and extra fumy 92-t-2 '2h oer 10-lb. box. Letluce. local 11-91.75; Sacramento 92.75-93 50 crate; ls Angeles 94 5 a crate. Danish s(iiaeh I'-i 'e. Artichokes, Calif. 9150 dozen. iMiim.AMi i:srsiiiK maiiki r There were very liberal ol lei lugs during the Monday session 01 cantsule farnicrs market and In sotnv liiHtatues lraclionally reduced price Demand for cauliflower was fair but thetc was a wide t-prcad 01 qiml lly which with relict ted In the price Cabbage held praclically steady at OOc-91 crate. Spinitcb, was steady at 91 orange box for best. Apple olferings Increased and the Drue was unciiunucd. Carrots sold as low as 20C dwcn btinches. Biussel sprouts were mostly 91 box. Cireen onions were scarce and llrmlv urlccfl 25-30c dozen buncii (ireen broccoli was steady aiound 15c lug generally. Dry onion were 93 lor is and i ior zs. Oeneral prices ruled: Carrot, new. 20-25c doz. bunches Spinach, new, 91 orange box. Beets, new crop 25c doz. bunches. Turnip!), bulk yoc-91 orange box, bunches 30 35c dozen. Potatoes, local large good 50 -60c box. small 40c box, sacxs nsc-gi. Cabbage, new crop 0oc-9l for large crate, sacks 75c. Burly 35 -40c lettuce crate, red 35-40c cantaloupe crate Apples, new crop. Jumble pack 35- MJt-: lace ami 11 &.-)-tuc. Bqtiiish. Hubbard l'-l'.jC lb, Dan- l&n ow cmie. Celery, UkhI 60-OOc bog. hearts 91.40 doen bunches. Tomatoes, ordinary 60c box. hot house extra limey 93 25, fancy 93. choice 9 50 crate. Cucumbers, hothouse 65c-91 doyen ! Onions, dry, 92.50-93. boilers 91 50 sack. llrusMis finouiB f 1 box. Ciiulilloxver, U 40-50c; No. 1, 60- o.tc craie. Ml: XT' AMI IMIOVIMONM Nuts. Oiegon walnuts, 15-2(lc: pea nuts 12c: Biaylls 12-14c: almonds 15 llic: filberts 20-22c; pecans VOc Ib. Mops nominal. li'2U crop, 8-10c, 1131. J3-Ki',c lb. Wool. Hi.il crop nominal. Wlllnm etle alley 13-15 1 jC, eastern Oregon 11-16c lb. II Y: t A. I AHA IMKK Portland Hay. buying pr.ee from product r- Alfallu 914-915; clover 910-9IU. Willamette vitlh'V timothy 915 Kastrrn in- -on timothy 913 50, tKiih and xetih 912-912 50. C.ts;iia b..;h, buing prices 1931 pet I 3- ib. NtN IKIM N O WVl I i 811 11 1 i.iinii-io J" iMuli-Mkt. nrvvf si 1 x 11 v - Appli . Calif. Ncxvlimn I'lp pllis IiHivc 91-91 :l,-i p.li'ked. fa 111 V 1 7."t-, Laiix apples, Iain y 92 fJ box Washington Wiiic-ap? t 9' -92 10 Iain 1 1 ti.-t ! 7; Hi li. ,mis f 9J-- 50. f..ni v 91 7,1$ L Home Hi .iutxa lancy 91 4o-?i :.o sm;):i (i a:-, Cu i on Si.i nrur--s. M 9-9:' 25 faluX 41 til' Ntw.li II .Ml.U. I ' gl.ute 9115-H.tJ. talH-V ?IVj-9-, Xl 9-.1L'5. Oilltxs 92-92 25. Poll Tl MI SI I. H. I I Ol K foi t land i-i tMigai nine, gi ami laird 94 i." per 100 t , txct St 10 1 K:i.t --tii- firur. M-lI!nk price ilr!.v- cis' hiucMcin 9.2U: soil while flour : IO- :0. whole Wheat 9-1 K0 fa 00, gtithatn 94 50-9-tHO re 95 VU-951'O. l'HIM'IM-l III T II HI T Han Francisco A UutU1f.1t fob Sim Kiancisto 2!-" (IAN IKIMM O POI I TV Ban Fiam wo ti l1'-- ld culorrd hens 5 lbs. and over 20c; under 6 ll-i 20c !.rghnrn hens all aires 14- We legliinn broilers 12-17 lbs per doven lii-17i; 18-24 lbs. per do?en l-17c. FTyera: Colored up to 3 lbs lHc; l-e-l.orns 2-2', lbs. 18-I7C Old O'loicd rtwiers 10c: old I-eghorn rixwters 8c Colored ro.istrr 2-4 lbs. 20-21c, over 4 Iba 20-2 ic. Sijuabs 2.1-2-Sc Young live tmkrx'fl 23-24c, joun droned turkeys 28-3oe. - iRNri-iro i.iiTnrH f.n Franc tco tVT' Hgs I160 In cluding 575 direct Wenk to 10c below Friday. Car li5-lb. Nebraska 95 25 practical top 93 15 on five cars 150-185 lb Utah. Car 230-lb California 94 W Cattle 130 Including 70 holdovers Killers about steady with last weeks Jom Car IM)-Ih Nvul.i tfl in- two New York Stocks (Closing Quotations) New York (UP) The market lower: Air Reduction Alaska Juneau Allied Chemical Allls-Chalmer MIg American Can American it Foreign Power American Ice American Locomotive, Am. Had. U Stand Sanitary American Smelt Ac Refining. ... American Sugar Kefluiug American Tel. it Tel American Tobacco B Anaconda Copper Mining...... Atchison, Topeka Ac 8. F Auburn Automobile Baldwin Locomotive Baltimore Ac Ohio Bendlx Aviation Bethlehem bteel Borden Burroughs Ad. Mach Byers (AM ) California Packing Canadian Puclllc cofe (J. I Co Cerro De Pasco Copper Chcbupeuke Ac Ohio Chicago Oreat Western Chicago. Mil. St. Paul At Pac... Chicago Ac Northwestern Chrytticr Curp Coca-Cola Colorado Fuel Ac Jron Columbia Oas Commercial Solvents Commonwealth As Southern. ... Consolidated Oaa Corn Products Drug, Inc DuPont Le Nemours :uitrnan Kodak Kk'ctnc Power Ac Light Krle Hallroad Firestone T Ac K Fox Film A Frecport Texas Oeneral Electric (icuerul 1-oodb (leni'ral Motors Oold Uuht Ooodrlch IB. F ) (iuodyear Tuc Ac Hubber (iriiliiim-I'ali'e (ireut Northern P F Houston Oil Howe Sound Hudson Motor Industrial Bayon Inspiration Cons. Copper Intei national Harvester ...... International Nickel International T Ac T Johns-Manville Kansas City Southern Kenuecot t Copper Krei:e m. S Kreuger Ac Toll Liggett Ac Myers B liorillurd Iioew's Inc Mathieson Alkali Mack Trucks Miami Copper Misotirl-Kaiisa5-TcxaJ Montgomery Ward Nash Motors National Bellas Hess National Biscuit Co National Cash Register A National Dairy Products National Power c Light Nevada Cons. Copper New York Central N. V. N. H. k Hartford North American Northern Pacific Ohio Oil Pnckard Motor Pacific Ohs Ac Electric Paramount-Publlx Pennsylvania Hit Penney ij. C.) Peoples Oas Philips Petroleum - Plllsbury Flour Public Hcrvl.-e of N. J Pullman Pure Oil Radio Corp. of Am Kadio-Keilh-Orpheum A Heo Motor Car Reynolds Tobacco B Sears Roebuck Shell Union Ml Simmons Company Sinclair Consolidated Oil Socony-Vacuum Southern Pacific Southern Railway Standard Brands Standard Oas Ac Ee tec trie Standard OH of Cal Standard Oil of N. J Studebaker Corp Texas Corp Texas Gulf Tttnkeit Roller Bearing TransAmerlca Union Carbide Union Pacific United Aircraft United Corporation Unite! Fruit United Oas Improvement United States Rubber United Slates Steel 62 12',, 6H , 12 J , 2 ,. ,. 6', , i 'iii'i ...70 130', .. 'i . n-i . in, . ai't , 3',4 . 12'. .. 13 .. 7 . 74 64', .. H2 11 U ... 7 .. 13 . 3'R 1!h . 25 Hi', His been minor faetore In the raw wool market for some time, owing to the lack of new contracts. Receipts of do mestic wool at Boston during week ending Dec. 19. amounted to 2.869.800 ins., co tn p area to ,iui,iuu ids. inc previous week. POkTI.AND WHEAT Portland CO Wheat futures: open hglh low close December ... 61 81 60 00 May 62V 62 02 02 July 61 '1 ei'i 6i4 0114 Cash wheat: Big Bend Bluestem 73 'A; soft white, western white, hard winter, northern aprlng, western red 68 'A. Oat, No. 9 white 924 50. Monday's car receipts, wheat 46, flour 18, corn 4, oats 4, hay 4, BAK MI.VI K New York Bar silver easier and 4 lower at 304. WINMPLO UK AT Winnipeg (UP) Wheat range: open high low close December ... 5J'B &9'4 68 58 Mav fi'Jl Mil' ftL July 63', 63'. 62 62',, PAN FRANCISCO STOCKS S.in JYanclsco (UPl The San Fran cisco stock exchange was Irregular Monday morning with prices frac tionally changed from Saturday's closing prices, witn two exceptions. Standard of California and Trans amerlcit, volume In trading was low. Tntnsamerlca with a volume of more than 8000 shares sank to Its all-time low of 2 '4, off 3-8. lKli:i l it I IT: HOPS New York Evaporated apples steady, choice 9-9'ic; fancy 10i-llc. Prunes steady. Calif. 3-10 'i; Oregon n'i-oc. npncois sicauy, cno:ce a', extra choice : fancy 12'i-13c. Peaches steady, standard T'4-1C: Hops stcatlv,' state nominal. 'Pacific coast iu-2ic; l'JUO, 18-19c. rillfAOtt LIVESTOCK Chleano iJ'j i U S D A.) Hons 50,000, 1 .u-z-ni ins. 20-300 lbs 84.20-91 3S. Cattle 7UO0, fed steers and yearlings slow, steady. Vealers strong to 25c 1 hlijlier Most steers selling $7.50 down I ward. Top weighty steers 9SI.75. Stock- er Hiia leeaer acmand narrow. 1 Slierp 18.000. Native and led west i em lambs i.ri-S5.40 to packers. Fat ewes 91.au-9a.2a. INCOME TAX ."is 20', HJ. Yf, :.ri r. 23', 27 'i . Ill . 24 . 2IPH . H'i . 22 . ls4 . 30'i . .. 70 ... 11 ::.822 3D', Warner Brothers Pictures 2 Western Union Westinghouse Air Brake 13 Westlnghou.se Electric 28 Woo worth (F. W ) Worthiugton Pump 1U si:i,e( Ti: n it 11 stock American Light A: liaclluu Aiucrlcan Superpower Associated Ohm A Bra.liliiil Traction L. Ac P , Cities Service Cord Corp. Crocker Wheeler , Electric Bond Ac Shuio Font Motor Ltd Fox Theatres A Goldman Sachs Trading O'llf Oil of Pa I .limbic Oil Ncwmont Mining Nlagaia Hudson Power Pennroad Sheafter Penu SiKUtUrd Oil uf Indiana Swill A: Co. Opposition to the federal income brackets and recommendation of an increased rat? in the higher brack ets were voiced in resolutions adopt ed by the executive committee of the etate grange here Saturday and telegrams to this effect sent to the OreKon delegation in congress. The committee also went on record as favoring a larger interitance tax and a iare gift tax. The committee op posed thi principle of the sales tux. unless it be for temporary emerg ency and in the form of a luxury tiyc. Any increase in existing postal rates will be opposed by the com mittee. Other resolutions discussed pertained to lower interest rates and a moratorium on farm loans and mortgages. Charles M. Thomas, state utilities commissioner, was urged to confer with the interstate commerce com mission in an effort to obtain com bination car loadings of farm pro ducts or pool car shipments on the rate basis of carload quantities for eacn commodity. Federal tax relief will be discussed at the January meeting of the sub ordinate granges while the "federal tax program of the present admin istration will be discussed in Feb j ruary. Directors and managers of all northwest prune pooLs will gather at I Eugene February 19 to determine the feasibility of establishing a strong northwest prune marketing agency. I C. H. Bailey of Roseburg, a member 01 the 6tate executive committee ol (he grange, was asked to work out some concrete plan and submit it at the Eugene session. Report to the committee Saturday showed that the grange in Oregon now has In ex cess of 24.000 members. GRANGE WORK CLUB HAS ITS ELECTION STOCK MARKET IRREGULAR AND MOSTLY LOWER New York, IP Price moved Ir regularly In lethargic trading n the stock exchange Monday. 1 Many traders were absent for a prolonged vacation over the Christ mas holiday and business geenrany was only of routine character In banks and brokerage houses. For the most part changes tn stock prices were narrow, but for a time tn the afternoon a lair rally developed. Toward the close pressure con verged on the oil group and this had a tendency to bring prices down In other sections of the list. Petroleum shares lost 1 to more than 2 points with Standard of New Jersey making a new low for hte present shares at 36, off and fiocony-Vacuum equaling Its low at 9, off . Standard of Cali fornia lost 2H points to 24i. All sections of the market were lower as the close neared. Steel Common broke under 40 for a loss of more than 2 pointa. Auburn. Allied Chemical and American Telephone lost 2 to 3 points each. American Can. Wcstinghou.se Elec tric and Case were down a point or more. In the railroad group early gains were supplanted by losses that ranged to more than a point in N. Y. C. and Pennsylvania. Utilities slipped back with the remainder of the list. TransAmerlca was a weak spot throughout the session, making a new low at 2, off and holding around that level in fairlv active turnover. Near the close selling In creased in some of the leading shares like American Telephone, U. S. Stool and others. Grains also sagged off near the close and wheat closed 1 to Vic a bushel lower and others were down fractions to a cent. Cotton lost a few points in quiet trading. The reaction In Vheat had a dampening effect on share buyers, despite firmness in bonds. The lat ter was taken as a barometer of improved sentiment in the street as a result of a series of aids now being developed for the railroad bonds such as the railroad credit corporation and the reconstruction finance corporation. 4's ('lilted Po mile I'niuil ti.in i tiiponitton t'mtrd l.it'ht & Power A l tiiit.es Power Ar 1 iht r !P"0.12.r0 lb. loc:il fed . -.id i otiimoii to medium I ' ,e '!ik wi'iik. Two cms comm 1 UHl ih. co i .H Hi lUt' cel. lii ,hte . C..U ul l'.K)-;'00 lbs. quoted L i0 ( Turner Mrs. Stella Miller en tertainer! members of th flrnnop ?U i Work club at her home at Its an- ; nual business meeting and election n of officers for 1932. Luncheon was served by the hostess at noon, as sisted by Mrs. T. T. Palmer. The new officers elected were : President, Mrs. Lena Towusend; Vice-president, Mrs. Bert Peebles; Feeretary. Mrs. Clifford T. White and Treasurer. Mrs. Ulwin E. Den ver. Mrs. Stella Miller is the re tirrd president of the club. Tli c Sv-cre t a ry s re port for the entire year was given and other business matters reviewed. Mrs. Ed Wallace will be hostess to tne group in January at her Aumsvllle home. Members in attendance nrre: Mrs. Bert Peebles. Mrs. Fred Mitchell. Mrs. Fay Webb. Mrs. I'U in E. Denyer. Mrs. William Ri:ikv, Mrs. T. T. Palmer. Mrs. J M. Bo:-cs. Mrs. Cliffoid T. White nnd dumrhUT, B:rnadmc, Mrs. Fred Ste.ner. Mrs. J. L. Webb. Mi.vs Thfrma Trebles nnd the hos tess Mrs. st-.'lla Miller. ip ti:.o tncludmR 8ti.i holdover. ; TlirPCf Afd (fTOUO i ul, quoted to 9 M), MX HM I) MHV F.in l mni iMO il'I'i H;ii:e tore 2'M . !! More L'H 1 . : IHI umir k-ua fMrw. hune 2H:... md :,, Mtiaiip aJ:.c I'liecM- lie. ChU'ilFO Pece in be r M;iih .., M;.y ..... Julv I 1111 CttIN Whei.t r.ini!i il hiKh U' ft.i l, M ChlC'tv-o iv Whrnt No 3 ni;td .Vt'a. t)td com. No. 2 jellow 39-:i!i'7. New com. No. 4 nuxeil ai-SS',; No 3 yellow H8: No 3 white 3fi.-374. .it. No i wlutr 20. Hurley 41 S7. Timothv uriil - J." Clover iicrtl 013 25 $15 75 Lard bi. rib, bcilict $6. ? tvi iti'ooi mil r I.lvrrpool H'pi Wlirul rii-c: Kquivalcnts bncrt on 7-d.y n .i.:; t 11 at la open h'.;.i low rv-c IVccmbrr ... W4 W 41 M:irrn S.11- M ' M; MhT 57', 7S 57 7 July 5l, 59l MS MS TON WOOL Bnnton Urcnt improvement In the deliver? of wool top crealnl a lirtl better tentlmen: In th wxvt market Monday. 'IVp makers have Plans Silver Tea Turner The r;trular ni''nth mrefitv: of thi' Ladies' Aid society of tlie Mi'tluuiist Episcoivil church wiw hn!d Tliursday afternoon at Hie home of Dr. and Mrs. J. W. Rnnnm. A piker tea Is being ar r.iiKTd for January 7 at th home of Jchn H. Cox, with the commit tee tiring Mrs. F. C. Gimnim:, Mrs. William Bnrcovne and Mrs. Cox. Follow inc th' b.i.iurm session and dcvotlonals. a luncheon was served by Mrs. Ransom to Mrs. We Smith. Miss M. Grimes, Mm. 1. H. Small. Mrs. at Bear and child ren, Eunice and Billy, Mrs. Wil liam P. Burgoyne. Mrs. C. A. Bear and Mrs. John R. Cox. In compli ment to Mr?. Ransom on her birth day annn-crsarv. tlie aid soclrty members pr5cnt?d her with a pot t.d p'fint. anl wished her many more happy ocr5ions. San Ftanc:rc3 V CaUfornia dairymen faced lower prices for butterfat Monday as the result of recent generous rains. The basis price hrrr fell IS cents pound to 27 S cents. HOPEWELL LADIES' AID MAKES QUILT Hopewell The Ladies' Aid of the U. B. church met Wednesday for an all day quilting bee. They were busy trying to finish up a quilt which was to be given as a Christmas present. The next meeting is also a hurry-up quilting as the quilt which they plan on finishing that day will also ne a unristmas present. The women served a chicken din ner and a birthday cake. Those hav ing a birthday during the week were Mrs. Fanny Campbell, Mrs. Ross Rogers and Rev. Samuel E. Lone. pastor 6f tlie U. B. church. The birthday cake was made by Mrs. Ole Jacobson. Present were President Mrs. Chas. Richer, Mrs. Amos Branson. Mrs. Ole Jacob-son, Rev. Samuel E. Long, Mrs. 5. e. Long. Mrs. Davidson, Mrs. Henrietta Campbell, Mrs. Ross Ro gers, Mrs. Loop, Mrs. Dissmore and sister. Mrs. Fanny Campbell, Angus Mcintyre and Mrs. Howard Steph ens. PERRYDALE WOMEN PLAN WATCH PARTY Perrydale The Perrydale Good Will club held its regular meeting Friday afternoon. After a short bus lness session, a Christmas program was given, with the singing of Christmas carols. A Christmas tree and a present exchange were the main features of the afternoon. Ar rangements were made for the wom en of the club to entertain their husbands and families with a watch party New Year's eve. Those present were Mecdames H. J. Elliott, H. A. Lee, J. Moolenar, S. Van Staaveran, J. J. Roberts, Carl Brulsma, F. J. Morrison, George Goods, Charles Wirfs, J. Zylstra, A. Van Otten. Henry MrKee. Gideon McKee. Lawrence McKee, Levi Mc Kee. Henry Keyt, P. Ribbers. D. L. Hoyt. F. S. MaHood, William Staple ton, L. W. Gilson. Frank Lynn. P. Zumwalt. J. E. Houk, Robert Mit chell, and Misses Lorn inc White, El sie Mullcr. Doris McKee and the hostesses. Mrs. Irvin White and Mrs. Herman Mullcr. INSTALLATION HELD DAYTON LODGEMEN Davton Election and installa.'ion of otlicers of Jacob Mayer lod"e No. 108 A. F. & A. M. of Dayton took place at the Mr.somc fcmpie Thurs day evening. Herbert L. Toney of Mi Mlnnville, worshipful gmnd mis ter of Oregon and '20 members of Union lodte No. 43 of McMinnville. attended with Mr. Toney acting as installing officer. The following officer were in stalled: Worshipful mn.srer, Theo dore Hossner: senior warden, W. O. Barnard; junior warden, M. R. Coo per; secretary, Leonard A. ttossner: treasurer, Adam Rossiur. Appointive officers: Senior deacon, Leonard Goodrich; junior deacon, Fred Mat ches; tylcr. Frank Hole; senior stew ard, Rx Peffcr; Junior steward. Milton A. Palmer; marshal, Harry Sherman; chaplain, Herman Louis. Following the business session, a banquet was served in the dmUig room. Maling Contracts for 80 Acres of Spinach And 100 Acres Beans News of contracts in the West Stay ton district for 80 acres of beans and for what is reported to be growing of around 100 acres of spinach in the Lake Labish country has Just come to light, the con- tracts being made with Ray Mai lng company of Hillsboro according to Information secured. Report is that the West Stay ton beans have been contracted at $65 a ton and the spinach at $22 a ton. It is estimated about 25 growers are affected In the West Stay ton dis trict where the bean growing busi ness dropped to nothing last year. It is said that tlie Ray Mating TURKEY PRICES SHIFT TO MEET Portland, tP) Reversing usual market conditions, the price of hen turkeys on the Portland market is now definitely established at an advance of 2c a pound over the quotation for toms. The sales to the local trade over over Sunday appears to have been fullly satlsactory, according to E. J. Dixon of the local cooperative. E. L. Martindale of Swift As Co.. said the market at the moment is in fairly good shape witli hens selling 2c above toms at 30s for Go. 1. Arrival of turkeys Sunday was somewhat disappointing to the wholesale trade. The complaint was heard that many local grow ers are "peddling' their supplies from one place to another, occa sionally disposing of them to re tailers at a price lower than of fered by wholesalers. SENATE OPENS DRIVE TO PASS MORATORIUM (Continued from page 1) movement to cut the congression al recess to one week. Republicans, however, held to their program which calls for passage of the mor atorium by Tuesday night and then adjournment for two weeks. The house marked time by dis cussing the "state of the union." Representative LaGuardia, republi can, N. Y., opened the debate, as sailing President Hoover's anti-depression program as inadequate. He said there would be "serious trouble" if congress did not act. He proposed federal aid to the Jobless, a "real" building program, and construction of a nationwide net of new highways. Senate investigation of Interna tional banking continued, with Otto Kahn detailing the foreign finan cing handled by Kahn, Locb and Co. He said he would favor dump ing war debts and reparations into the ocean if anyone could find a way to do it. The senate banking committee resumed its study of the Hoover plan for forming a $500,000,000 re construction finance corporation. There Is no hope of congressional action on this measure until after the holidays. Before settling down to the mora torium debate the senate passed resolution asking tlie president to make public the Wickersham com- mission's study of the Mponey Billings case. It also passed the Couzen's resolution calling for in vestigation of the railroad situa tion, but later voted to reconsider the measure Tuesday. planbondTale" TO TEST VALIDITY f Continued from page 1) FIRE DESTROYS Tt'RKEYA Portland. Ore.. The Clark Produce company announced Mon day it consignment of 7.000 pounds of fancy dressed turkeys to Seattle was lost whn fire Sunday ntht destroyed a freight truck at Tent no. Wash. A second shipment will be made Immediately, the corn pan v said. tion. It was not believed the com m It tee would hold a meeting, but would probably agree by telephone conlerence. There was a possibility that the committee would recommend that the matter of making a new ap praial of tlie Oregon -Washington Water Service company's plant provided for by the new charter amendment, be thrown oprn to enxineering firms for proposals. There was another possibility that the committee would recommend that the enzinecring firm of Baar & Cunningham, which made the former appraisal and conducted the North Santiam investigation, would be a-sked directly without bids to go ahead with Uie new appraisal. Tlie city is already in debt Ba.tr fc Cunningham (or work done under the former charter amend' ment that was declared invalid, and presumably this debt mi'rht be set lorih ns m? purpose of a small i: sue of the v"x bonds if sueh an if-ue is authorized at Monday night's meeting. Alsoa Is Selected For Future Home Mill City Mrs. Bessie Canavnn and daughter, Naomi, left Tuesday for Alsea, where they will make their home. Monday evening a number of their friends gathered nt the Frank Berry home where they spent several hours dancing to music furnished by George Lichty and Mr. Mason. In a time guessing contest, the prize winners were Miss Shirley Horner and Georce Lichty. each receiving the picture on which they guessed nearest cor rect time and painted by Frank Harrow. Those present were Jim Dawes. Mrs. Neva Bradford. Mrs. Fred Horner, Mr. and Mrs. Reed. Miss Zelpha Homer. Raymond Horner, Miss Shirley Horner, Miss Nona Navarro. Harriet Bradford. Oeorge Lichty. Mr. Mason, Frank Harrow Mrs. Gladys Stone. Mrs. Canavan nnd Naomi and Frank Berry. Re freshments were served at the close of the evening. company plan to use the.se products in a frozen pack, part of the big contnu't which Maling made over a year ago with tlie General Foods corporation. These plantings are said to be but a part of tlie spin ach and beans contracted for with heavy acreages said to have been contracted by Maling for both pro ducts in other sections, all for pack ing at the Hillsbaro plant. It Is understood Malm will put in a delivery station at West Stay ton and growers will make delivery there while Maling agrees to tmck the produce from there to Hills boro and a similar arrangement is said to be planned for the Labish section. Spinach has not been grown on a big scale In the Labish country for many years so there is nothing much to use as a criterion as to tlie price paid there. However, beans have been grown in the West Stnyton section for some years prior to last year under eon tract with the Oregon Packing company which had a prir of $75 a ton to the grower. Beans were alf crown there for the St ay ton cannery. Growers state they have heard of no activitity in beans for the coming year from the t )reRon Packing company and no Informa tion can be secured as to what that er.mpany plans to do about resumption of a bran prtik at Its plant here, if It yet has any plans one way or another. Tlie beans which were purchased by the Oregon Packing company ail went into cans and this l.i the firrt tim? that the West SJayton beans will go into a frozen park as far as known, for anvtlnn t a:;:d for experimental purposes nt least. The beans in tlie West fitayton section are all grown uii'lr-r irrt- rrntion and thev had attained reputation of bring the basis- for as fine a pack of beans as p.:t out anywhere. It is understood that the Maling contracts all call for the K:r.:ucky wonder variety. JAFAHESE LAU.MGH DRIVE ON CHINC1W (Continued from page 1) WHEAT SLISBPS TOWARD CLOSE EXPORTS GOOD Chleaco. (IP) Wheat sagged o scattered selling toward the close on the board of trade Monday and finished lower. Trading was very slack and the market held to a narrow range, losing its early gains in the late selling. Routln news received little attention. Sen timent was slightly bearish. Expor business was reported good. Th visible supply decreased 1,133,000 bwhrls which Inspired a small ral lly. Corn was unsettled In a rang of le nio: t of the day, averaging lower on local pressure. OaU fol lowed the other grains doclly. At the close wheat was to 1Uo lower, com was 'a to l.c lower and oats were K to c lower. Pro visions were steady to weak. Chlcapo Ml-Wheat prices tended upward early Monday, helped by un expected firmness of quotations a Liverpool. The Liverpool market re ported a noticeable lack of selling nrcFsure. and a decrease in Liverpool supplies, together with smallnesa of world shipments. Opening at a shade off to !i up. Chicago wheat futures sagged somewhat, and then advanc ed all around. Corn started un changed to ' lower and subsequent ly rallitd. Portland. -A With no sales the ideas of buyers and sellers be inrr far apart there was a weaker tone in the Monday session of the Portland futures market. December lost lc nnd May ;.c. July wa nominally quoted. On the merchants' exchange cash wheat loj-t lr. bu. Japanese force participating In the movement to the south. Tokyo Japanese trocps In the Mukden area began a general "anti- bandit" offensive Monday. Officials here expected the cam palen to be concluded by Friday alter which there was the possi bility of heavy fighting in the Chm- chow area, where the last of Chang Huseh-Liang's troops are concentrated. The first Japanese detachments began operations out of Katyuan, on tlie Peiping-Mukden railroad north of Mukden, where Major General Mori established temporary headquarters. He is In charge of the Japanese punitive expedition. Advices from Kaiyuang said one of General Mori's detachments had captured Chinkiatun and another Tungkiangkou, subjugating tlie Chinese with effective use of air planes. Major General Mori said he hoped to exterminate 7,000 Chinese ir regulars operating around Changtu, Kungplng, and Fak Men. The Japanese wrapped their hel mets in white cloth to prevent the aviators from mistaking them for Chinese. The hems of the Japanese flags also were dyed yellow, Japanese officers said the Chinese were using home made Japanese flags to deceive the Japanese fliers. Nanking Pi A new note to the League of Nations and another statement, interpreted here as a direct appeal to the United States under the nine-power treaty and the Kellogg Briand pact, were is sued by Dr. Wellington Koo, Chin ese foreign minister, Monday as re ports of a new Japanese drive tame from Manchuria. Officials, professing great pertur bation over the reports, from which it appeared Chinchow might be the objective of the Japanese thrust, expressed the belief that "most dangerous complications'' are likely "unless the Japanese refrain from further action." Dr. Koo's new note to the league called pt.ention to '"the new seiioiu" situation' and raid the Chinese mil itary forces about Chinch' would "be compelled, in relf-delense, to resist if the Japanese atiai k the town." In the subseouent statement from the fcrcin office Dr. Koo cieclarrt! Manchuria is an integral part ol China nnd China has every riht to control it. It this important part of Chinese territory is allow ed "to be marie a prize of Japanese agression." h? said, and thericy become a crr.dle ot future war, "it will not only entian-jcr peace in the far cast b:it will shake the faith of mankind in the brie liter outlk upon the wotld since the great wrr." Dr. Kao further recalled the part various American statesmen have played in upholding the integrity of China from "predatory powers." Hop: Purchases In Vicinity Are Heavy During the past year the Val ley Packing company bought 20.OC0 hogs, all within a radius of 50 miles of Salem, according to the weekly bulletin of the chamber of commerce. The hegs averaged 200 pounds each, or 4.0O0.C00 pounds with the Salem market averaTint a quarter -cent a pound higher than the Portlan dmark?t. Farmers seil ine on the Salem market received $10,000 more for their hogs lr 1930 than if sold in Portland, or $50,000 more than offered on th Chicago market. On an avera-e of five cents a pound, the Va' Pa-Mn-company nsid out $3C0.000 for hr during 19C0. PARTY EVENT Dallas Carl B. Fcnton post of the American Legion scored an other bull s eye Thursday ni:;ht when it staged for the first time, a father and son meeting. Officially it was known as the Lcglon-Le-gion-helr ntlit and Its purpose was tn arquaint the boys with the general proc dure of a legion meet ing this to be followed by a party in the mam hall of the armor. Each boy was asked to bring an inexpensive gift which was placed in in improvised fish pond, for distribution later. From the beginning it was evident that the affair was going over big and tne Legion rooms, was a lively place from start to finish. The boys, big and little, first enjoyed the meet ing which was short and snappy, and then trooped downstairs to en joy a number of games, "fish" for their gift and finally enjoy the refreshments. There were present some 65 boys, each cf whom accompanied a legionnaire as his guest. Comrades Virgil Bolton and Billy Miller, chairmen of the entertainment and eats committees, functioned one hundred per cent. Expressions of opinions from a number of the members are that the event should! become an annual one with the possibility that in view of the suc cess of (he men's affair, the auxil iary will stac something dim that and throw a party for their glrl EARLY ACTION ON HOOVER'S PLAN (Continued from page 1) ChriMmas recess we would take us and speed work on the (500.000,009 reconst ruction corporation. Hear ings are now being held on this and we will have It In the senate early in the new year." Only last Friday, the president called in house leaders along witb Ogden Mills, undersecretary of the treasury, to talk across the breakfast table about the moratorium, the emergency reconstruction corpora tion and the bill to increase Federal Land bank capitalization, two of which already have been passed by the house and laid before the nenate. They assured him consideration of his economic program would not be delayed. ' Immediately after the conference the possibility of a shortened recess ol congress over Christmas appeared again. Walter Newton, one of the presi dents secretaries, said there was "e, possibility of a shortened recess1 which would allow a meeting of con Frt. buween Christmas and New Year. No joint resolution to this effect has bet n introduced, however, and Ncwion would no; comment upon Its ( ttur.ee.' ot aocption until some move Wh m;.de on Capitol Hill. Mr. Hoover went over the entire tcmmic situation, touching upon riln! for railroads, and tne finan cial tt.Ldition of central Europe, two I ' ' c y. vuji nib ii)f)-i nui in I11S m:nu. HECK IS REC LIVI D H:itb;ird The relief committee rp'r!i thr.t a check for $4 t8 has tin n rrf'-ivcd by the committee from the county fund through S. H. Van Trump, tecrct-ary of the committee in (Ui.rpe of the funds. The money will be iicd in the welfare work of the local croup, which Ia headed by M.'iyor G. Voget, Mrs. Wilma Leffler, Mr. Neva McKenzie, Mrs. Alice Werner. H. E. Adams, Jerome Jack on tnd R. C. Painter, assltants. DR. CHAN LAM Chinese Medicine Co. J Otl'.er Roun d4 2 oo to i M0 N Com l Natural rem Ml fnf ilmeoU of ilomaeh. blooo. liTtr. cUDrta, trves and unnarf tystero Also ailment such as ulcer l t'.omich col i tii con stipation, rhfumaw turn bronchitis anS ffallttnnea - ruesaaj and 8a i oi p m 9t Re t i s i en
