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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (June 13, 1933)
10 THE CAPITAL JOURNAL. SALEM. OREGON TUESDAY, JUNE 13, 1933 BUTTER PRICE GROWS EASY IN Portland, June 13 (LP) While there continues a fully steady tone for top quality butter, both prints and cubes, an easier reeling is ap parent In spots for offgrade. Ex change prices are therefore lower for these. Despite the fact that no open price changes were named for eggs during the day; undertone is noi healthy inasmuch as both northern and southern markets are quoting lower prices than Portland, which Is unusual. There was a lack of general price change In live chickens for the day, following the recent cutting of killers. Weather conditions are against shipment of dressed chick ens. Strong demand continues gener ally for dressed turkeys and hen prices are held as high as 17 cents pound. Movement is chiefly into consuming channels but there Is some call for shipment. Little change was shown in straw berry prices for the day. Best new Oregons moved $2,2.25 with gold dollars $1.75-1.90 while Clark seed ling were around $2.25-2.35 crate. Receipts show badly mixed quality. Wax onions are very weak and priced down to $1 for 50s to clean up. Old and new potatoes are steady to firm. California Bing cherries are priced $1.25 for 15s. Lettuce deal is Improved with the north shipping cars. Northern cauliflower is being of fered $1.25-1. SO crate. Asparagas is weaker and gener ally a trifle lower. Lemons arc sharply higher at 7-7.25 case for best. Both Valencia and Naval oranges re offered. Small Valencias arc highest as are lareg Navals. Hothouse cucumbers are firmly priced. Hothouse tomato movement Is Tery heavy and demand is good. LIFTS THEN DECLINES Chicago. June 13 iP) New re cord high prices for wheat and rye distinguished late trading today, but met with increased selling and declines ensued. Advances in securities were lar gely responsible for the transient upturn of grains. Numerous un favorable crop reports were also a bullish factor. Wheat closed nervous, un der yesterday's finish, corn also down, oats off, and provisions varying fom 5 cents de cline to a rise or 15 cents. Chicago, June 13 (A) Sellers pre dominated In the grain pits early today, and prices ran downhill. News from the world economic con ference at London and in regard to war debts was constructed as bear ish. Opening at cent decline. both wheat and corn continued to fall. EUROPEAN PRUNE CROP FORECAST Cabled Information from our gov ernment sources in Frnnrc received Oils week state Hint the present prospect indicates that the produc tion of prunes in Yugoslavia and France will be above last year, says tile California Fruit News. The Yu goslavian prune production this year is now predicted to be something like 30 per cent over tile 19:12 crop, which latter latest U. 8. government lifc'urcs put at 29,000 tons dried prunes cxortcd which was above tile several preceding short crops. Hie French crop last year is put at 2.500 tons, which was a very short crop indeed with them. It is now stated that, regardless of the frost damage to the prune crop in France, it is expected to be larger than the 1932 small production. These pre dictions would seem to indicate the 1933 European dried prune output as possible or being about, say. 5.000 tons over the previous ten years' average. NEWHOUSE SALES MANAGER NOW M. J. Newhouse lias been ap pointed sales malinger of the Me moric Fruits Corporation. Fresno, says the California Fruit News. Mr. Newhouse recently was general manager of the California Peach and Fig Growers association, Just preceding Its liquidation. Previously he represented the Federal Farm Board in a European market survey for Pacific coast products and was interested In the same Interest re cently discontinued. Before that. Mr. Newhouse was manager of the prune cooperative in Oregon and so has had a wide experience in these mat ters. BARRELING BEGINS OF STRAWBERRIES While coming hi in small quanti ties strawberjies; are being picked now in comiiicrcial quantities and the barreling pack has started . In Xact Saturday night a few were bar reled at the Baker, Kelly & Mc Laughlin plant to get the season under way. Orowcrs who arc mak ing deliveries are getting as an average better than twice the amount of money for their straw berries they got last year and If there were plenty of strawberries at the prices paid it would mean an early summer wave of prosperity for this section. Gooseberry packing Is also under way in some of the canneries and will probably last the week out. MARKET QUOTATIONS I'OltTJ AM) LIVESTOCK PortUuiU, June 13 i.i') Cattle 160, culves 10. Fully steady. Steers, good G-sfl,85, common and medium a.76-6.25. Heifers, good $4.60-4025, common and medium $3 $4 60. Cows, good 84.50-J5.25, common-medium H.50-J4.50. Bulls, good 83.25-J3.76. cutters and medium $2.25 to 3.25. Venlers, good $0-$6.75, common-medium 3-$0.00. Calves, good, $5.50-80. common-medium 2.50-$5. Horn 200. Steady. Good 140-200 lbs. 5.35-$5.50; 200 250 lbs. $5.10-5.50; OTer 250 lbs. $4.50 to $5.25. Sows, fiood $8.75-84.50, med ium $3.50-$4. PIks, good $4-5. Sheep and lambs 300. 25c lower. Lambs good-choice $5.75-$6.25. com mon and medium $4-$4.75. Wethers, $3.75-$4.50. Ewes $2-$3.75. l'ROIX'f'K KXCIIANGE Portland, June 13 il).R The follow ing prices were named to be effective today : Butter Cube extras 22c. standards 21 Vic, prime firsts 21',4c, firsts 20'ac. Ekks Pacific poultry producers' selling prices: Oversize 20c, extras 18c, mixed colors 17c, mediums 17c dozen. WHOLESALE l'KIf'EH Portland. June 13 (U.PJ These arc prices retailers pay wholesalers, except wnere oinerwisc staieu: Butter Prints, extras 24c. stand ards 23 We lb. Butteriat Portland delivery: Grade A 'A-'2'2c lb Farmers' door delivery 21- 22c lb. Hwcet cream 5c higher. Cheese Selling prlco to l'oruana retailers: Tillamook triplets 18c, loaf inc lb Tillamook sclllntc price to wholesalers, triplets Ifie, loaf 17c lb. Milk Contract price 4 percent, Portland delivery, $1.76 cwt. B grade cream 37 Vic lb. Live poultry Portland delivery: buying prices, heavy hens colored 4',4 ihK 13t. mediums 11c. Hunts 10c. Springs, light '3 lbs. up 10c; colored 12-loc. itoosicrs uc id. re tun outue, broilers 12-13C lb., old 10c, colored 10c lb. Dressed turkeys Nominal selling price to retailers: Fresh arriving No. 1 torn 10-12C. hns 16-18c No. 2 hens 10-12C, lams 10-12c, culls 10-llc. FKKSII HU IT Cnntalouoes Imperial volley rtonv $2-$2.50, standards $3 -$3.50; Jumbo $3.75-$4 crate. Strawberries Oregon Dollar $1.75 a crate; Clark Seedling $2.50; New Ore gon $2-$2.25. Oranges Calif, navels $2 .60 -$3.00; place packs $2-$2.10 crate. Grapefruit Imperial valley $1.76 $2.85 case; Florida $3.50-$4. Lemons uttiii. o-$u.o. Limes Box of 100, $1.35. Bananas BuncheH 6c, hands S'fcc, Cranberries Eastern $3-$3.35 lor la barrel. . , . Cherries Oregon early varieties uc lb . . ... watermelons uai. iwonuiKcs c id. Apricots Calif. Royal $1.25 lug. FKKSII VHdhTAIIUSM Potatoes Local $1. 15-35: Deschutes Gems $1.75, bakers $1.00; Yakima Gems $1.60. I'eas lxicai a-a'c id. New uota toes Calif. Garnets 2A- 3c lb., white 2l,c lb. L.aooage urn 10. luiii, o-j ;v. Onions Selling mice to retailers: Oregon $1-$1.25 cental. New onions cuii i. uermuaas vi.uu sn-ib. crate: Calif. 40c lug: new red 2c lb. Northwest $1.25-$1.50. Cauliflower Calir. $i.ua crate. Cucumbers Hothouse 40-'J0c tloz. Spinach Local 35c orange box. Hhubarb Outdoor l'ic lb. Peppers Florida 20-25c lb. Southern yams $1.75 bushel. Lettuce The Dalles dry 50-05C; lo cal 50-OOc crate. Tomatoes Hothouse xf 13c. choice 7'jC. fancy 10c; Texas $2.50-$3 lug repacKcn. Eggplant Mexican-Florida 15c lb.. Mexican $3.60-75 repacked. Artichokes Cam. 35-5lc tioz. Asparagus Walla Walla, Krnnc wick tiOc 12-lb. pyramid, mid-Colum-blu $2-$2.26 2'! doz. pyramid: Brit ish Columbia $2 for 2', pyramid. MEATS AMI I'llOVINlONN Country meats Selling price to re tailers: Country killed hogB. best but chers under 150 lbs. $7-7Vi,c; vealcrs 70-100 lbs, 7-7',jC: spring lambs Jl'A 12c; yearlings 2-4e; heavy ewes 2', 3c; medium cows 5c; canner cows 2 "A -3c; bulls 3-5c lb. Ham Fanry M'-lS'ic lb. Picnics 9-10'.;,c lb. Bacon, fancy lD-2ftVaC lb. Leal lard Tierce basis lO'jC lb. HOI'S, WOOL Hops Nominal, 1033 70-75c lb. Wool 1033 clip nominal; Willam ette valley 21-23c lb. Eastern Oregon 17-20c, southern Idaho 10 -20c lb. OKTI.AM KASTSIIIK MAHKKT orilnnd. June 10 UPt First celery out of the Lab! sh section was offered during the Tuesday session of the castsWlc mr.rket by Konald Junes. Sales were $1.25 doz. for hearts. Strawberries about sieauy, iioio Dollars generallv $1.75. few higher; New Oreuons 2-S2.25 crale. offerings of fair volume only. Lettuce deal a trine uetter ror goon stuff, sales of local 40-ftOc. Lahlsh 50c crate, some northern sold 00c. Peas were slightly better, selling 3 3'iC lb, mostly the former. Cabbage sold $1.40-$1.50 crate for The Dalles and 75c pony crate for local. Ciooseverrles sold up to DOc crate with bulk stork around 3c lb. Aspar agus sales chiefly $l.!)0-$2 pyramid. Turnip sales generally 30-350 dozen btuu'hrn, beets lifi-30e, carrots 35-40C Dalles new potatoes were $1.60 01 aiiKc box. (leueral prices ruled: Turnips Local 30-35C; The Dalles 30-35c tloz. bunches. Beets The Dalits 30-35C, local 30c tloz. bunches. Peas -The Dalles 2i-3c lb. Carrots Local 30-35c do,, bunches. Pot a iocs I-m-ul HOc cental: Yakima No. 1 $1 40 sack; Parkdale $1.50; Des chutes $1.50 cental. Cabbage Local HOc pony crate. The Dalles $1.00-75 crate; red 4c lb. Celery Local hearts $1.25-50 do?,. Onions No 1 $1 sack: No. 2 00-75c nock; Yakima 10c cental. New onions Crystal wax (10c lug. lihubarb Local outdoor 35c apple box. Spinach 1-oral 25c orange box. Hadlshes Local 10-15c tloz, bunch es. Asparagus Mid-Columbia No. 1 $2 $2.25; No. 2. $1.50 pyramid. Strawberries Calif. $1.60 crate; Ore. $2-$2.2fl; Great Dollar $1.75-2 crate. Lettuce The Dalles 60-00c; local 40-50C crate; Lahlsh 50c. Seattle 40-00. HAY. CASCAHA ItAKK Portland, June 13 ! Cascara bark buy tin; pi l ro UM'.I peel 3o lb. Hay. buying prices from producers: Altai fa $r.!-$Ki; eastern Oit'gou lim it hy $17 5U; oats and vetch bay $9. imiEO Flit1 IT, HOPS New York. June 13 tfll Evaporated apples steady, choice 8U-9c lb., fancv 7-7'c lb Prunes steady, Calif. 4-9C, Orrgon fiif-Oc lb.- Apricots steady, choice B3-Uc extra choice Uc, fancy O'aC lb Peaches steady, standard 6Hc. choice 63c extra choice Sic lb. Ha I sins utrndy, loose Muscatels 2 choice to fancy seeded 3li-l-iC. seedless 3 -4c lb. Hops firm. Pacific coast 1032 prime to choice 83-86c, medium to prime 81-84r; 1931 prime to choice 76-70C, medium to prime 7 6 -78c lb. rim A(;o GRAIN Chicago. June 13 Wheat, No. 9 hard 77 V Corn, No 2 mixed 41-44. old 44';: No. 3 yellow 43;-45's; No. 2 yellow (old) 454; No. 2 white 44-46'i. Oats, No. 2 white 20H: No. 3 whit 27i-28'i. Itye, No. 1, 03. Barley 30-55. Timothy seed $2.75-$3.2S CWt. Clover seed $7.50-$11.75 cwt. Lard $0.30; bellies $7.26. PORTLAND FI.OPR, NPOAR Portland. June 13 ii Cane sugar, granulated $4.76 cwt. Fruit or berry $4 00; beet sugar $4.65 cwt. Domestic flour Selling price, mill delivery 26 bbl lots Patent 4t)s $6 40; U6n $5 20: bakers' bluestem $4 30-40; soft white pastry patent $4 60: Mont ana hard wheat patent 5 20-$5 40: rye $4.60-$4.70; whole wheat $3.25; graham $3.70 bbl. flAN FKANCISCO HAlUt San Francisco. June 13 upj Butter. 92 score 23c. 91 score 22c, 00 score 31 He lb. Eggs, extra large 173c. mcd lip, tinall 12 'c doa. chewt 13c lb. PORTLAND GRAIN Portland, June 13 (n Wheat fu-. tures: open high low close July 62 62 61 61 Sept 64 ii 64 'A 64 64 Dec 66 67',5 66 07 '8 unsn wneat: no. 1 mtt wena uiuc- stem 69; dark hard winter 12 70, 11 66; soft white 61; hard winter 61; western white, northern spring, western red 69. Oats. No. 2 white $22.50. Corn. No. 2 yellow $22. Mlllrun standard $19. car receipts, wneat an, iiour 0, nay oats 1, barley 1. SAN FKANCISCO UtTTERFAT San Francisco. June 13 ') Butter- fat l.o.b. San Francisco 23c lb. BOSTON WOOL Boston. June 18 (UPJ Wool Drlccs showed a strengthening tendency to day with dealers finding It necessary to ask more money on wools now ar riving which were purchased In the west at priceB relatively higher than those In the Boston market. This was especially true of territory wools, which were in fairly good demand. uuarterbiood. territory, combing wools were quoted at 59-60c lb. scour ed basis, three-eighth blood 61-62C The U S. agriculture Dent, report ed only a moderate volume of busi ness on Ohio and similar fleeces, with a little Ohio fine Delaine selling at 26-20c lb. grease basis and occasion id very good lots up to 30c. It quoted ha If blood 58s-60s strictly combing selling In occasional small lots at 28 29c, strictly combing mediums 32-33C with volume rather small. Salem Markets Compiled from reports of Sa lem dealers, for the guidance of Capital Journal readert. (Revised Drily). Wheat. No. a white 05. red sacked 65 bushel. Feed oats $22 ton: milling oats $25 ton: feed barley $16-$20 ton nogs, top grades nu-iuu ids. si.uu, 160-200 lbs $5.10. 200-225 lbs. $3.50. 225-250 lbs. $4.45. Sows $1.50-$3. uattie xop steers 3'A-4V;iC lb- top cows 1-2VjO lb- cull cutters 1-20. mar ket weak Spring lambs, top 1033 Sc lb. rough heavy 6c lb. Top hogs 120 lbs! 0'Ac lb Other grades 3-4o lb. Poultry Light hens Uc. medium 9c lb., heavy hens 11c Leghorn broilers izc id. tjoiorcu Dr oners inc. mags 5c Old roosters 4c lb Eggs Medium 11c. standards 12c. extras 13c dozen. Butter Cubes 2iv.c. nr nts 23'AC. cartons 24c lb. Butterfat 20-2 lc lb. Cheese Selling price Marlon coun ty triplets Il-12c. loaf 13c lb. WIHJI.. nillllAIII Wool Course 21c lb., medium 23c. Mohair 12c lb YOUNG SLAYER WEEPS IN JAIL Flint, Mich., June 13 IP Balfe MncDonald, 17-year-old heir to one third of a $1,000,000 estnto left by his slain mother, was held in a solitary cell today after his arraign ment on a warrant charging him with matricide late yesterday. A surprise move by county offi cials several hours after the youth confessed to them that he had struck Mrs. Grace B. MncDonald, ((0, on the head with a pair of heavy book ends on May 27, brought young MncDonald before Justice of the Peace Frank Cain. Balfe stood inutc at his arraignment, and the court entered a pica of not guilty. Examination was set for Friday before Justice Cain. The youth was rushed here from Nashville, Tehn., over the week-end with William Terwillicer, lG-ycar- old chum with whom he fled after the slaying. Upon his arrival here, Balfe con fessed striking his mother after a disagreement over their vacation plans. He did not know Mrs. Mac Donald was dead, he declared, un til he read of the slaying In a Louisville newspaper. CRANBERRY CROP REDUCED BY FROST Long Beach, Wash., Juncl3 (IP)- DcspUe an unusual early June frost the North bench peninsula cran berry crop will total about 40,000 boxes this season. D. J. Crowley, state cranberry en tomocolLst, surveyed the frost dam age along the peninsula bogs and indicated that the extent of the loss could not be determined for a week or more. He said today that the frost of JuneS had nipped ninny buds and blossoms but that the yield likely would total 40,000 boxes during the fall harvest. This will be far in ex cess of the 1932 crop on the penin sula. Many bogs are protected by frost ing machines, mounted airplane pro pellors driven by motors. They keep the niv in motion within a radius of 300 feet and "draw down" air, They are being used generally on the peninsula this year alter sue cess along the Seaside-Astoria bogs last' season. WAGES OF MINERS IN OHIO RAISED NrLsonville. O.. June 13 (IP) Wnitcs of Ohio bituminous conl mmers were raised and made uni form In an accord between union representatives and operators today. Closed shafts were re-opened and mining folk were Jubilant as the agreement ended years of labor strife described by both sides as endangering the life of the industry ill this state. A scale of 38 cents per ton for loaders and $3.28 dally for day lab orers was established. Strikes were banned by both sides. Rickrcall Mrs. H. A. Denipscy and Mrs. I. A. Dempsey drove to Corvallls Sunday, accompanied by the following boys who remained for the 4-H club summer school which opened Monday: Ralph Demoscy and Wayne Allen of the local pig club; Elbert Rngsdale of the Jersey calf club and Clarence Primus of the Oak Point sheep club. Wayne and Elbert won scholarships for their work of last year which en titles them to two weeks at the school. HALF CROP OF MINT FORECAST '33 FOR VALLEY Coming out of a recent market flurry of its own in which 15,000 pounds of mint were sold at a price up to $2.25 a pound the market has relapsed to a figure at around $1.80 a pound. Like most other crops, also, the mint crop in this state has poor prospects, according to Dan Fry who handles large quan tities of the oil. He states it looks like about a 50 per cent crop for 1933 with a probable production of around 50,000 pounds as compared to 85,00 last year. Additional acre age in this year increases the vol ume somewhat but conditions have brought about a short crop outlook. The present carryover is reduced to around 25,000 pounds with a fair chance of this being pretty well eaten away if not taken up alto gether by the time harvesting of the crop starts the latter part of August. Information as to the middle western crop is somewhat uncer tain out here with varying reports but if mint has gone the way of most other crops back there there is likelihood that the prospects for a crop there this year may be no better than here. Even if none of the 25,000 pounds of mint oil carried over from 1932 is sold between now and next har vest this will not be considered such a sizeable carryover as to have much effect on the market condi tions for next year. Continuation Of Water Loan Sought From Page One 000 gallons capacity in the Waldo mils. ,,..-. Summarized, the application seg regates the total fund as follows: Construction material and labor, $1,138,160. Land and rights of way, $48,200. Purchase of existing plant $695,- 000. Contingencies, interest, engineer ing, etc. $118,040. A more detailed segregation of the fund is set out as follows: Overhead, including engineering, shop inspection, legal expense and administration, $72,900; diversion dam $66,160; rights of way, $48,160; supply line from the Santiam, $723,- 926; settling reservoir in Waldo Hills of 20,000,000 gallons capacity, $149, 210; city reservoir of 5,000,000 gal lons capacity, $50,356; improvements to distribution system in Salem, $110,000; carrying charge to pay in terest prior to beginning of opera tion, $25,000. It is estimated that a year would be necessary for the construction work, and the application sets out a month by month schedule of its financial needs as It Is desired to receive them from the federal cor poration. This schedule is given be low: First month $730,000; second, $68, 130; third, $50,000; fourth, $130,330; fifth, $130,910; sixth, $153,000; sev enth, $153,000; eighth, $163,000; ninth, $174,370; 10th, $92,470; 11th, $98,000; 12th, $52,450. The loan will be secured by gen eral obligation bonds authorized by the charter amendment of Decem ber 15, 1931, the bonds to mature serially in from five to 40 years. Ac cording to the financial scheme for repayment the first payment at the end of five years would be $22,000 principal and $100,000 interest, and the final payment at the end of 40 years, $116,000 principal and $5800 interest. It is calculated that the income from the plant under the set-up will be sufficient to operate the plant, pay the interest and retire the bonds as they come due. The estimated returns from operation are based on the present service rates charged by the Oregon Washington company. The whole financial scheme is based on' the idea that the city will not build an entirely new system, but will ac quire the existing plant of the water company. However, should that fail the plan is supposed to cover a complete new system. It was said bv CUv Attorney Chris J. Kowitz that, unless the government so requires, it will not be necessary to wait for acquisition of the ex isting plant before construction op erations are begun. It is calculated that the cost of operating the plant will be $40,000 a year. Estimated reoeipts from op eration are placed at $188,000 a year, including about $13,000 a year that will come from the state if all state Institutions In and about Salem patronize the plant. The plan is arranged, however, so that patronage of the state will not be necessary to get by financially, since there would still be a leeway of $135,000 between cost of operation and receipts. No single unit of the proposed plant, sav the engineers, will have a life estimate of less than 40 years. and some units will run as high as 100 years. Interest on the bonds will be fixed at either 4'i or 5 per cent. All legal phases of the subject are discussed in the application and plans and specifications of the en gineers arc Included. Much depends on the action of courts on the present litigation. If the decision is favorable a copy of the opinion will be attached to the application. Should the opinion hold that the city's procedure is not correct, but the bonds are valid, it will simply be necessary to cor rect procedure and (to ahead. But should the bond Issue of Decem ber 15, 1931, be found Illegal the whole matter would be at an end, and only another election could remedy the situation. Payroll estimates for construction work are set out in quarters for the estimated 12 months of building For the first quarter it is .estimated mat 275 men would oe employed, second quarter, 463 men. third quar ter, 530 men, and fourth quarter, 330 men This is based on employ ment at 30 hours ft week, which is ail that Is allowed under recon struction finance corporation opera tions. It is believed construction would Aberdeen Lumber Mill In Operation Aberdeen, Wash., June 13 (tP Another 135 men went to work here yesterday when the Donovan No. 1, lumber mill resumed operations af ter belnir idle three years. The employment will be swelled to 150 as production gets into normal pace. This Is one of several plants to resume here In the past month. STOCKS SLUMP AFTER ADVANCE TO NEW HIGHS i New York. June 13 (IP) Stocks ran Into a sharp reaction near the close today. Gains of 1 to 3 points made in the earlier dealings were wiped out In most instances and losses sup planted. Trading was heavy tnrouenout the day. Sales were around the 6,-000,000-shnro mark. Tickers were late at Intervals. A decline also came In the morn ing on profit-taking after yester day's sharp run up. Then the list turned up. Rails led the way un til the lending Industrials and util ities got into action. Numerous is sues made new highs. The late selling came suddenly when the list appeared In a strong position. It was accounted for in part by firming up in dollar quota tions. The dollar ruiea me usi throughout the day.. In the morn ing it was strong and stocks easier. In the early alternoon it was weaker and stocks strong. Then It strengthened again and prices drop ped. Continuation of the congress session and the war debt problems also were factors In the selling. Business news continued favor able, including gains in individual car loadings reports for the week ended June 10; another rise in steel operations, and continued strength in other major lines. Commodities declined, although until the last hour the market paid no attention to them. All gains closed with fractional losses; cot ton lost a few points: silver was off sharply; rubber was down about 20 points. Coffee was a strong spot on the theory It has not yet appreci ated in line with gains in other com modities. Before the late decline new highs for the year or longer were made by U. S. Steel at 58 , up ; American Telephone 132, up VI-; American Can 95 T4, up ; Allied Chemical 122, up ?; Union Pacific 117, up 6?j; Case 50 H. up 1: New York Central 37-y,, up l1-; Owens Illinois Glass 79, up General Motors 28'.i . up Vi ; Delaware & Hudson 80, up 3". Utilities were firm but lacked the snap of yesterday's trading. They dropped near the close. Aviation issues made new highs on heavy trading, then eased off. Oils were popular for a time as w'ere mercan tile issues, amusements and coppers. Sales totaled 0,300,000 shares, against 5,810,000 shares yesterday. Curb sales were 1,280,000 shares, against 1,328,000 shares. Dow-Jones preliminary averages: industrial, 94.79 off 1.96; railroad, 44.30 off .13; utility 30.06, off 1.44. HOT WEATHER TO REVIVE HOP SALES The hop market remains quiet, although it is thought that ex tremely hot weather over the coun try may stimulate the beer trade to an extent which may bring the price level back up and result in a clean up in the comparatively small car ryover now on hand. The new crop is not so far away and unless downy mildew makes heavier ravages than now dreamed of there is a chance for a 10,000 bale crop filling the warehouses when the 1933 crop is dried down and baled. The present streak of hot wea ther has a tendency to hold back the downy and a considerable stretch of it would be vastly bene ficial to yards. A hop dealer who visited yards In the Talbot and Sid ney section yesterday said the downy was not bad there but fur ther on in the Independence sec tion looked considerably worse. CALIFORNIA PRICES 4 CTS, FOR CHERRIES The Santa Clara Valley cherry crop got under way in major sea sonal activity the end of last week, savs the California Fruit News, Prices for the fruit are about one- third above last year. Santa Clara Valley, with adjacent sections, fur nishes an important proportion of both the canned and fresh cherry shipments of the state. Maraschino cherries constitute an important part of the cherry business of that section also, using probably more oi the fruit than goes either into cans or eastern fresh shipments. Cherry prices tills year are $80 a ton to the growers for Royal Anns for canning purposes in Santa Clara Valley, as compared with $60 last year. Fresh shipping firms have been reporting the prospect of good eastern mar kets also. Cherries are getting through now in all districts except Santa Clara Valley, whicTi is the last section of importance in this line to harvest that erop. Royal Anns in Sacremen to Valley and Other districts where quality is nut so good for canning as in the Santa Clara Valley have sold to canners at $60 a ton this year. Aurora A meeting held at the school house Saturday evening was well attended. The purpose of the meeting was to explain the new high school law which is to be voted on June 19th. There were several speakers present and they came as a request of the Aurora school beard. start within a month after appro val of the loan. The estimated figure of $695,000 for the existing plant is its value as appraised by Baar & Cunningham. 300,000 POUNDS NOW HARVESTED With approximately 300,000 pounds already harvested for Dan Fry of this city, chittem bark continues to come into the city in large quan tities in daily deliveries from coast points and it is likely that much more of the bark will be harvested for the local firm between now and the latter part of July when pick ing .season is expected to close. A little earlier closing may come if the weather gets too hot but ordinarily the picking continues that long under normal conditions. Besides the warehouse here Fry has receiving warehouses at Marsh field and Tillamook besides pick up stations for trucks all over the valley. He estimates 10.000 people in the state are engaged In picking chit tem bark for all dealers operating in the state while offhand he fig ures 2000 people have been engaged in the work for delivery to him. The 300,000 pounds so far picked for the Salem firm represents about 10 cars and he expects a total of from 15 to 20 cars with hopc3 for the latter figure. The bark dries down to a little over half of its weight in the green stage. Fry states that it is more diffi cult to do business in the bark this year than ordinarily because of the tariff conditions. For instance, in Canada, where vast amounts of the bark is peeled, a 10 per cent ad val orem tariff against this country makes competition virtually impossi ble and similar conditions exist in Germany, Italy, Australia and Ja pan as far as a tariff wall is con cerned and in those countries where large quantities af bark have been sold in the past the sale is now practically nil and as a result the market is reduced virtually to the United States. The bark is sold here in its crude form after drying and is converted into various pro ducts by manufacturing pharma cists. WILL ASSEMBLE Seattle, June 13 (LP) Three meet ings of the lumber industry in the Douglas fir region of Washington and Oregon will be held this week to consider the proposed code of fair competition under which the indus try is expected to operate if the code, as prepared by the West Coast industry is approved by President Roosevelt under the terms of the new national industrial recovery act. The code was approved by the trustees of the West Coast Lum bermen's association and copies were mailed by the association to all loggers and lumber manufac turers in the Douglas nr region. With the copies of the code went a notice of the three meetings at which details of the code will be discussed fully and also blank bal lots for the manufacturers and log gers of the industry to vote whether in favor or not oi submitting tne proposed code "to the president," for applying the purposes and pro visions of the national industrial act to this industry. The three meetings so announced will be held as follows: At Winthrop hotel, Tacoma, Wed nesday. At Portland hotel, Portland, Thursday, June 15. At Osburn hotel, Eugene, Ore Friday, June 16. Continuation Of Dry Law Repeal Frorri Page One on advice of the attorney general, to clarify the repeal measure to the county clerks as one of the measures to be printed on the ballot for the special election. The attorney gen eral held that while the title oi me special election act provided for the ! submission of initiative measures to i the people at that time the oct it self confined the measures to be voted on to measures direct ely re- I f erred by the legislature or refer- ! ended by the people. In applying to the court for a writ of mandamus to compel sub mission of the measure sponsors for the initiative petitions, which con tained approximately 40,000 names, contended that the intention of the legislature to include initiative mea sures was stated in the title of the act and that the inadvertent om mission of their mention in the body of the act should not deny the peo ple the right to vote on the repeal measure at this time. Citing precedents to the effect that interpreting the intent of a legislative enactment the title of the act may be logically considered, par ticularly in Oregon, "having a con stitutional provision requiring the subject matter of an act to be ex pressed in the title thereof," the opinion holds that the language of the body of the act providing sub mission of "all measures" at the election is sufficiently broad, in the light of the specific mention of in itiated measures in the title, to justfy the conclusion that the legis lature intended that they should be included. "At any rat." reads the opinion, "it may be said thai section 1 of the act is susceptible of different inlerpretations. However, when the section Is read in the light of the plain and explicit wording of the title to the act, we think it must have been the intention of the leg islature to submit initiative meas ures to the voters for their approv al or rejection at the special elec tion therein provided. If we adopt any other construction, it must be said that the legislature, through inadvertance and mistake, failed to carry out the intention as clearly indicated in the title. "Election laws should be liberally construed to the end that the people may have the opportunity of expres sing opinion concerning matters of vital interest to their welfare. Ex pression, not suppression, tends to ward good government. The great constitutional privilege of a citizen to exercise his sovereign right to vote should iot be taken away by narrow or technical construction. If the statute is of doubtful con struction, we think the doubt should be resolved in favor of free ex pression of opinion." The obstacle of refusal of the secretary of state to give the ini tiative measure calling for repeal of the two prohibition sections of the state constitution a place on the July 21 election ballot sur mounted by today's decision of the supreme court, anti - prohibition forces advocating repeal were pre paring for an intensive five week's campaign to secure approval of their measure by a majority of the voters at the special election. Out of the machinery which last year conducted a successful cam paign to repeal the state laws pro viding for enforcement of consti tutional prohibition by the state, the repeal group has built up a state wide organization having active branches in almost every county. The necleus of the state organiza tion is the coordinated union of all Oregon organizations sponsoring prohibition reform, and the cam paign will be carried on through one central agency. Temperance through regulation and control, the failure of prohi bition to prohibit, the evils attend ant upon governmental endeavors to regulate appetites by legislative edict, and the economic benefits to be derived from licensed and regulated manufacture and sale of beer, wines and liquors will be the principal arguments broadcast in the campaign. TRUCKOWNERS PLAN ATTACK ON LICENSE BILL With a membership now ap proaching 6000, the Truck Owners and Farmers' Protective association with headquarters here today was completing organization of the en tire state In an attack against the truck license bill. A. C. Anderson, president of the association today reported that meetings will be held this week at Cottage Grove, Medford, Roseburg, Ashland, Klamath Falls, Bend and eastern Oregon points. "This bill not only threatens thou sands of small truck owners and as sociated industries but it will surely add to thousands of- unemployed and in some instances affect entire com munities," asserted Anderson. "To day we have a report from the Eagle valley near Baker that this prolific produce area, removed as it is from railroad facilities will be seriously affected if the many trucks serving it cannot operate. This, many of these operators assert, will happen as provisions of the law are so dras tic that they cannot be met by many." Members of the small truckers group are continuing to oppose the law by failing to apply for licenses but are following peaceful tactics in their stand. Percy A. Cupper, attorney for the group, announced today that an in junction action against the bill will be filed within a few days. DIRIGIBLE MACON FLIES OVER CITY Chicago. June 13 (A) The giant dirigible Macon appeared over Chi cago at 5:20 o'clock, Chicago day light savings time, this morning on its 48-hour training flight from its base, at Akron, Ohio. The dirigible, sister ship oi tne in fated Akron, was first -sighted over" the near north side as it moved slowly through a cloudless sky just as the first rays of the sun shone over the eastern horizon on Lake Michigan. The flight was begun at Akron Inst evening and throughout the early hours of the night the ship, on which 90 persons were riding, was reported in the vicinity of Lake Erie. The last report prior to the sighting of it here was from Detroit, Mich., where it was seen last night at 10:50 o'clock, E.S.T. JEW CONTROVERSY IN BRIDGE TOURNEY New York, June 13 fP) The bridge wcild announces that Charles' M. Schwab, steel master, has re quested that any invitation to Ger many to participate in the interna tional bridge tournament be with drawn so long as there is discrimin ation against Jews in that coun try. Schwab is the donor of a trophy for the tournament which is to be held July 17. His letter was made public last night. Ely Culbetrson is abroad promot ing the international matches. Another statement from Culbert son's office last night denied alle gations in a suit filed by E. Hall Downes, Pittsburgh bridge teacher, to determine his right to teach the "approach force system" of bidding. Downes alleges his method was un lawfully appropriated by Culbert&on. The Culbcrtson statement called his contention "palpably absurd." GANG TORTURES AND KILLS THREE New York, June 13 (IP, Retalia tion for a bungled attempt to mas sacre six card players was consid ered by police today to be the most likely motive for the slaying of three well dressed young men found bound, gagged and tortured in a midtown hideaway. One of the dead trio, his body punctured with an ice pick, was 'identified as Charles Cabbrise, alias Frank Sino, who had been question ed after the holdup of a card game last Decoration day in which the players were lined up against a wall as targets. Because of the nervous nous of the gunmen, only one player was killed. Four were wounded. YOlfNG PLAYERS AT Y TONIGHT The Philharmonic preparatory or chestra, composed of a number of the younger musicians or the city. will give a program of six numbers at the Y.M.C.A. tonight at 8 o' clock. The organization will be di rected by Raymond Carl. The pro gram will include tne lonowing numbers: pallet No. 2 (Rosamunde).-Schuber Andantino tviolin, flute, piano) Leiwarr Kathleen Broer, Marjorle Broer, Bert Broer Intermezzo (L'Arlcsicnne Suite) Bizet L'Cygnc Saint Saens Obertass Mazurka Wieniawskl Hume Downs, violin Flavia Downs, accompanist Rokaczy Marche Berlioz The personnel of the orchestra includes the following musicians: First violin Elaine ancrman, Maxine Goodenough, Georgia Har rington, Mary Eason, Patsy Schram, Ruth Willson, Kathleen Broer, Phyl lis Keith. Second violin Hume Downs, Mar garet Riggs, Jean Harrington, Win ona Smith, Bertha Mapes, Esther Mapes, Venabeth Clcndening, Pearl Smith, Wendel Johnson, Carol Johnson, Mildred Sampson. Viola Margaret Zerzan. Cello Kenneth Robinson, Nellie Harrington. Flute Marjorle Broer. Clarinet Frank Hunt,- James Cole, Lucy Klein, Gordon Carl. Horn Arnold Taylor, Robert Hulst. Trumpet Ronald Adams, William Laughlin, Ted Sherman. Trombone Bert Broer, Catherine Eaton, John Laughlin. Tvmpani Ha Mills. Cymbals Charlotte Hill, Bass drum- Doris Hlday. Triangle Jack Pollock. Snare drum Elmer Barcus, Fran ces Li 1 burn. Piano Mary Elizabeth Kells. KIDNAP CASE Barnstable, Mass., June 13 (IP) The Fantastic kidnaping and ran soming of 10-year-old Peggy Mc Math was described to a jury today as "a common enterprise" in which the Buck brothers, Kenneth ana Cyril, were "equally guilty." In so describing the abduction, District Attorney William C. Cross ley indicated he would seek the maximum penalty 25 years' im prisonment for both Kenneth, 28-ycar-old jobless chauffeur, and his 41 -year-old brother, self-styled in nocent intermediary. The old county courthouse was packed as the trial began to de termine the fate of the Harwich brothers accused of kidnaping Peggy from the village school May 2 and holding her three days for $60,000 ransom. As the district attorney was clos ing his address, the Buck brothers' 65-year-o!d gray-haired mother, seated directly .behind them, col lapsed. The rail between prevented the defendants from going to her aid, but their brother, Lawrence, and two deputy sheriffs carried her from the courtroom. Kenneth wept. PLANCiOTFCR OPEN DOOR MISSION Two hundred voices will be heard in concert Friday night, June 23 when the advisory council of the Open Door Mission holds a benefit program at the armory. Prof. Cam eron Marshall, dean of music at Willamette university will direct the group which will consist of the choirs from the following churches: First Methodist, First Christian, Calvary Baptist, German Baptist, Knight Memorial, First Evangelical, First Presbyterian, Christian and Missionary Alliance, Court Street Christian, Church of Christ, Free Methodist, Jason Lee M. E., Leslie M. E.. Ford Memorial, Englewood United Brethern, Bethany Refor med, Temple Baptist, Church of God. Highland Friends, First Con gregational, South Salem Friends and American Lutheran. The chorus will sing the "Halle lujah Chorus" and "Unfold Ye Portals." It is planned to have two numbers by the Willamette Phil harmonic choir and two by the Silver String orchestra of the Court Street church. There wlJl also be several numbers from the various churches. 459 FOREST GAMPS IN 9TH CORPS AREA San Francisco, June 13 (P) The division of civilian conservation corps camps in the ninth corps area was announced today by Major General Malin Craig, commandant, as follows: Oregon; National, state and pri vate forests 62; national parks 2. California: National, state and private forests 151; national parks 12, and state parks 4. Washington; National, state and private forests 60; national parks & state parks 2. Northern Idaho; National, state and private forests 52. Southern Idaho: National, stale and private forests 44. Nevada: National forests 4. General Craig said the total of 459 camps would be in operation by June 30. TEACHERS ON VACATION Aurora Miss Evadna Hurst and Miss Nina Kites, school teachers, are enjoying a vacation trip to San Francisco, having gone on one of the new boat excursion trips out of Portland. Falls City Ben Inquest moved Sam Slappie to his ranch at Seal Rock. Monday. Slappie Just recently purchased he ranch from Charllf Crosby.