Capital journal. (Salem, Or.) 1919-1980, February 21, 1934, Image 8

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Capital journal., February 21, 1934, Page 8, Image 8

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Newspaper Page TextTHE CAPITA I, JOURNAL. RALEM. OREGON WEDNESDAY, FERRUARY 21, 1034 NO CHANGES QUOTED TODAY Portland, Ore.. Feb. 31 UP Trading In the butter market Is about atcady here, although a tri I It easier In spots. Several crates of 12 baskets each of strawberries from tiie Imperial valley were reported In. Sold at $3 50-3.75 crate. First outdoor grown tomatoes of the season from this country were also received from Imperial Val ley. They sold $4 per four ba.et crate and were of excellent quality Mexicans are also very good. Strength of the veal market with tales of country killed supplies at 10c Is confirmed. Hog are around Be for tops generally with year ling lambs 15c lb. Beef demand Is strong with a ready call for bulls to 5c lb. With an acute shortage of offer ings, market for spinach Is sharp ly higher here and especially for Walla Walla offerings. Sales are being made at $1-1.15 box for fresh arrivals. Orange market continues to climb. New Hawaiian potatoes are mov ing $1-75 for 30 lbs. Florida potatoes are held steady. Celery hearts are dov.n a trifle with 95c dozen bunches ton. Potatoes and onions remain dull at nominally quoted prices. A.paragus Is again down a notch or two. Fresh salmon 1 varce and higher. WHEAT PRICES Chicago, Feb. 21 A'; Wheat pric es avcraeed lower today, with May delivery dropping under 88 cents and May corn under SO rents for the first time since December 29. Even ing up for a holiday tomorrow, how ever, advanced prices a little at the Inst. Some selling of wheat in Chicago appeared to be acainst pur chases at Kansas City. Washington developments regarding propos ed new restrictions on grain exch ange dealings continued to be sharp ly watched. Wheat closed firm at the same as yesterday's finish to higher, corn unrhnncrd to M up, oats unchanged to ' advance, and provisions vary ing from 5 cents decline to a rise of 7 cents. Influences by firmness shown In the stuck market, grain prices tend ed upward early today. Considerable notice was taken of talk by Secre tary of Labor Perkins as to possibil ity of currency Inflation. Opening unchanged to Vt higher, May 88 afterward rose all around. Corn started unchanged to 3-8 up and subsequently altered little. FISHER KIDNAPING CHARGE DISMISSED On motion of the state, after a preliminary hearing In Justice court yesterday, Justice of the Peace Hayden dismissed the child stealing charge against Leon Fish er of Independence, Evidence in dicated he had not attempted to secrete the child, his son, Dean, nine years old, whom he took from the Garfield school grounds the previous day and took to the boy's grandmother's home at Indpjjen dence. The charge was made by Mrs. Free t a Johnson, FiMiers ex-wife and mother of the boy. She and Mi. s Margaret Cosper, principal of Oarficlcl school, were stale witness es. Appearing for the defense were the child and Inland Fisher, broth er of the defendant. ('oniintKition if House Passes From rage One men (s. The 18 hours of general debate was marked by sharp wran l(ls over merits of (he sales tax and the question of publicity of in come tax returns. The bill's 12 major points: 1. A normal 4 per cent income tax rate with surtax adjustments to benefit persons with earned in come. 2. Ten per cent reduction allow ance on earned incomes of $H,00i) or less before tax is (inured. 3. Change In mcauring capital ruins and losses estimated to bring In IJ.s.uoo.ouo. 4. A penalty tax on personal hold ing companies. 5. Cuts In half foreign tax cred its. 6. Places an additional two per cent penalty tax on consolidated returns. 7. Shifts gas-oil "nuisance" taxes for administrative purposes to or iginal manufacturer, 8. Places five cents a pound ex cise tax on coconut oil. B. Places slight tax on crude pe troleum producers as means check ing "hot oil" wiles and to finance code administration. 10. Abolishes bank check tax Jan uary 1,11)35. 11. Drops second class postage rates to old levels on July 1. 12. Tightens up allowance for partnership losses. rcotts MU.IJI ;i i:sts Scolta Mills Mr. and Mrs. A. L. Brougher had for dinner recently the following children and their families: Harvey Brougher of Clatskanle, Dr. John "rougher of Vancouver, Wash.. Mrs. Charles Mulvihlll of Portland, Mrs. L C Berg of 6ltka. Alaska and Mrs Worth Coulson of this place. TAYLOR MK'I! M-.TTER Gates Frank Taylor, father of Mrs. Gerald B. Heath, Mrs. Clar ence Johnson and Roy Taylor, all of the Oates community returned to his home In Mill City after weeks visit at the homes of his children. Taylor Is much Improved In health from a recent Illness. NEW YORK STOCKS Closing Quotations Alaska J u ni-mi 21 3 At. Ciu-iu. Ai Lfyc 15 Amt-iicuu Can 10jj4 Aiiui:c;iii C'uiiui.t-rciat AUnl.ol ,,,A'j't American A; :l.,ii Rit-r ll j Anier.c:wi Ywxt-i ac L:k:iI Aiiitrican -Suit It. At Hut 4 -4 A. T. W T. ITA AniL-ri'-an ToUiicco U 75 Anucf.juU 16 : j AU hib-iU 70 Atlantic Uft 33 , Bcdd.X A.;Uou 21-, Uctlilr-l:t-:n auil 48 BurrntiKns Adding Machine 17'j ituiionu-i i'uck J. I. Ct.se 7', Catti pillar Tiactor 31 Chrysler 5S Comn.trcUil SoiVtnt 2'J'ja CViiilint -mal Can BO Corn Pt(,i' 74 Curtlss Wrlgnt 4J Du Pont 102', Eu),tniiui II firufiitl k-ctne 22'-., (itnrral f . l 35 Cicr.fntl Moiort 40 ', f'.'jld Dust 20:,4 H'imct:iltc Minln? . InT-maf iiiuitl H n vester 'i International Nnk Xi I T. A: T 15-fc Johns Man 62 Kr-ni:ejt 21 1,1 hlxv-O-Ford 41 LlKftett i: M.ers B B6'i MARKET QUOTATIONS imhiti m i:astsihk mkkt Portland, Feb. 21 tuA Spinach was a vry sea its ariltie during the Wed nesday stolon of the farmers' east;de market. In fact, ofterintrs were loo li mited to babe quotations. broccoli -cauliflower appeared stea dy with more local sUxK offered at IjOc for 2b. with the same price for Kuscburg of equal quality. No. 1 grade sold well to 76c crate. Green or Italian broccoli was In Kond call to 40c lug. Asparagus sold down to 14c lb. for good stuff. Cab bane fairly Rteady. 40-50C crate. General prices ruled: Beets Local 20c do, bunches. Carrots Local I5c doz. bunches, 25c lug. Turnips Local white 15c, purple top 15-20c. Itutabiiiius No. 1, 25c lug, ordinary 22'i-2.'ic lug. Potatrwsnesehuto 1.75: Yakima No 1 1 65-70; No. 2 1.25 cental; Lo cal No. 1 125 cental. 0c-$l orange box. cnbbaee Local 40-50c crate: red 40c cantaloupe crate. Chinese 70-7&C Celery Hearts yuc-i aoz. ouncnes. Radishes Local spring 25c, winter 10-15c doz. buneheB. Onions Green 12'4-lBc doz. bunch es; dry onions No. 1 1.50, No 2 B5c 1 cental: Yakima $1 40-50 cental. Brussels Hp routs No. 1, 40-4&C box. 40-45c crate. Aunles Lornl jumble parX 45-BOC box. parked offerlnits 75c-1.35 box. Snlnarii Local oa-uue: wana wai- la 75-B0r crate. Cauliflower Broccoli. HoseDurg wo 1, 70-75c; No. 2 50c crate. roKTi n FXf iian;h Portland. Feb. 21 lU.R) The follow ing prices were named to be effective today: Butter Cue extra 23 ',c. standards 23c, prime firsts 23c, firsts 22c lb. cneese score, urcKun iripieLn 12 ',c. loaf 13c lb Broken pay ljC lCB8. Eggs Pacific Poultry Producers Bell ing prices: Fresh extras 17c, standards 10c, mediums 15c doz. poieri.ANn si ar, fi.oub Portland, Feb. 21 A1) Cane sugar, granulated 94.55; fruit or berry 94.75; beet sugar 94.45 cwt. Domestic flour Selling prices, mill delivery 25-bbl. lots: Patent 4tfs 10.50 7 20; blended 0. 15-10.70; bluestem 9(i 30.90.40; soft white pastry 95.80; whole wheat 95.60; rye 95.80: graham 95.40. POltTl ANU l.lKSTO(K Portland. Feb. 21 m Cattle 60, calves 10. Active. Steers, good, common, and medium i 93 50-90 10. Heifers, 93.25-95.25. Cows, good, common and medium 93-94.15, low cutter and cutter 91.75-9U. Bulls, utter, common, medium 92.5093 25. 'raters, good and choice 96 50-9H, cull, oniinon and medium 93-90 50. Calves. , good and choice 95-90, common, med- I in r2.50-95. Hogs 300. 10c higher for light wts. MutitwrlKlit, good and choice 94.25- 95 lo; meduun weight, good -choice 94 ti0-95; heavyweight, good-choice 4O0-14.7S: pacxiiig bows, good 13 93.75; feeder and stocker p.g, good unci ctioicr ai u-4.l0. Sheep 60. Sieatiy. I.uinb1. gootl and choice 97.50-98 25. common, medium 95.60-9 50; yearling s 94-90: ewes, good and choice 93-94; common-medium 92-93.23. RAN FIIVNCISro III TTFItl AT San Fran ;seo. FVb. 21 (UP Duller- fat, f .0 b San Francisco 26a lb. I'OHTI.XM) UMOI.i:SAI K Portland. Feb. 21 WW These are puces retailers pay wholesalers excipt wurre viuerwi.se stated: Iter Prints, extras 25Uc, stand anh 11). Utiilerfat -Portland delivery. Orade A 22-2:tc lb Fur me is' dour delivery 1-2W lb. Ciieehf Celling prices to Portland rt a I his: Tillamook triplets 17e, loul lHc ID. Tillamook riling prices to wlu'ltsaleih, triplrtn 16c. loaf l(ic. Fkks- Buying price to wholesalern: sh extras 13-14C. lirsts 11-1 2c. me diums U-IOc, undergrade 9-10e doz. Milk Contract price, 4 Portland livery 91.U5 cwt, B grade Cream .o 10. Live poultry- Portland delivery buy ing p: lies ; Colored fowls under 5 1 '7 lbs. 12-13C. over 51, lbs. ll-12c, spring pullets 2-2', lbs 13-14c; roanters over ll. 13-I4c lb. Leghurn fowls over lbs. 10-He, under 3 lbs. tf-IOc lb, leia 11,-2 lbs. 14-15c. over 2 lbs. 13- 14c lb , atags 6c. roosters 6c lb. ks 12c. colored 10c Geese liv lb Turkeys SellUut price. No. 1 torn 20c lb. hens Ih. iiciii mi it Oranges t iillf navels fancr 92 75- 93 III; choice r2 25-H5 crate.. Crantierrlrit -Northwest. McParlan tid llxwes 92 2h bbl.: eastern lat Howes 9'J 25 bbl. Graw lruit - ImDerlal rallev 11.85- 92 25 rase; Florida 93 75-94. limes- iiox ot ino. 9l.l5-2.f. liuons California 95 60-96 case. Bananas 6c. hands fic lb Strawberries Intverlal valleT 12a 93 50-93 75 crate. HUSH VRGr.TAIll.Ffl Anparftgiiit Sacramento 13-17C lb. New potatoes Flo. Triumphs 94.25 per 60 Jhn . 10c lb; Hawaii 6lc lb. riuaniM iK-ai wnne ana rea 91 aa to 9135 rental Yaklmn 9148. Des chutes 91 65-75: bakrm 92. Fepiera California SOc n. On 1-n Yakima tl 60-50 cwt Ore gon 93 Cauiinower Calir. 70-76C Prat. Broccoli Hoseburc No. 1 85c crate. No. 2 &0C. Cucumbers Sllclns hothouse local e0c-9l 75 doen nhnbirh. Hothouse las Xr SOc: fanrv 70c. eholre 60-55r box. Sweet potatoes Southern Tarns 92 10-16 bushel, Calif. 91 85 for 40 -lb. rate. Spinach liOcal 76-8.V orange box. Texas 91 25-50. Walla Walls 91-91 19 rrierv Calif. 11-91 25 dot., hearts 91 15-25 doz bunches. Cabbage Hed 4c, local 76-BOc exaU Irettuce lmperlsl 93 50-85 crate Tomatoes Hothouse 10 91 25-92 ft bog, Meilran 93 75-94 25 lug repacked MF.sTS .! rKOVIMONS Country meat Countnr killed hogs selling price to retillere. best country butchers under 150 lh 8'-Pc lb vtalen W-100 1U. 8 1,-10c, light Slid by Associated Press Liquid Carb jh, Montgomery Ward J4 f Jsasti Motors Na'.iuiml Biscuit 41 J, V.t;jiia L)n:ry Prod lf--, tioniil Dlslillrri 27'4 ..n ;l.c tins & Llettric 'JO1, . i'at lfic Lighting 3(1, Ifuikard fli, t J. C. Penney W. Penn. R. H 37', (Phiil.ps Petrolrum 17' 2 Public Service N. J 41', ! Pullman 58 1 . Radio .8l4 Sears Roebuck 4ft , Shell Union jp, Southern Pacific 31 '4 Standard Brands 2i, Standard OH of California 41 Standard Oil of New Jersey 48 - Studebalter 9 Trans-America 71, Union Carta , 48 Union Pacific 132 1 3 United Aircraft 23 United Corpori'tlon 71, U. 8 Industrial AJrohol 58', United States Hubber 21 United States Steel Western Electric it Mfg 41 '; WoolwortU 52 ya n.omvr; ci kb Qt otations Cities Service 3", Electric Bond & Share 10 Swift it Co 1024 thin 6-8c, heavy calves 5-7c Iambs 15c, heavy ewes 5-7c lb., medium ewes 4-6c lb. Canner cows 2!i-3lac lb. Bulls 4'j -5c lb. Leaf Lard Tierce basis 8'ic lb. Bacon Fancy 20'i-21c lb. Hams Fancv 17c, picnics 12'ie lb. HOPS, HOOI. Hopa 1932 clusters 25-30c lb Wool 1934 -clip nominal. Willam ette valley a2-25r, eastern Oregon 20 26c, southern Idaho 16 -20c lb. POKTI.AMI ;KAIV Portland, Feb 21 t; Wheat fu tures: open high low close May 72'i 72'i 72'i 72': July 72'; 72'J 72', 72', Cash: Big Bend Bluestem 73: dark hard winter. 12 78i;, 11 73: soft white, western white hard winter northern spring, western red 70. wais, wo. 1 wnite 822 50. Corn No. 2 yellow 822 25. Millrun standard 813. Car receipts, wheat 07. flour fl corn 4. oats 2, hay 3. EXPORT hhi:at Portland. Feb. 21 'UPj Export em- ergeney corporation bid for soft white wheat for foreign shipment today, 75c BOSTON U'OOI, Boston. Feb 21 (11 P) Knlttf r nnrt blanket manufacturers, evidently an ticipating a share In the government's order for army blankets, "saved the day" for the wool trade today by buy- niK -.4-01000 woois. not an sellers par ticipated but several did d aside from this business practically nothing was stirring. Light shrinkage quarter-blood fleeces of Virginia descrip tion Hold at 42c B-rense anil Ohlna of 41c Kellers who asked more were un able to find buyers. SAN FRANCISCO DAIRY 8nn Francisco Peh 21 nip) niittc 02 score 24c, 01 score 23'c. Q0 score s.: 10. f.xtra large lvc, med. 13'ic. small 12Uc doz. Cheese, fancy flats 13',jc. triplets 13'ic lb. NEW TOKU HOPS New York, Feb. 21 ) Hops steady. Pacific coast 1033 prime to choice 37 3!)r, medium-prime 3fl-37c lb. 1032 prime to choice 33-34c, mcdlum-prlme 31-32C lb, CHICAflO (iKAIV Ch icaeo. Feb 2 1 (Ji w)i f Mn 9 hard aai-B0. ' Corn: No. 2 mixed 48 '4: No. 2 yel low 4H-4H",; No. 2 white 47 '4; old No. 2 yellow 40'. Oats. No. 2 white 35H-36'; No 3 white 35. Barley 50-79. Timothy seed 87,25-50 cwt. Clover seed 911-914 25 cwt. Lard 90.0, loose 98, bellies 98. rnif'Aco livestock Chicago. Feb. 21 lav- (U. S. D A ) Hogs 28,000: slow. 10-lBc lower: 1H0- 200 lbs. 94.40-55, top 94.60; sows 93.75 to 94. Cattle 13,000: stearlv. Steprs tend ing weak to 10-15C off; largely Sleer run witii sieers sealing 1100 Hi run wiin nicer scaling 1 iou ins. ip-'inmos absent. Ml If i'" 3 3 ' ' ! Albrt I, king of the Belgians, js fatjlly injured while Indu'ging In his favorite pastime of mountain-climbing near Namur, south of Belgium's capital. Mia eon, Leopold, will ascend the throne. The late king, who fell 39-ftet to hie death when a piece of reck he was gripping gave way, is shown 'n a recent pose with Quttn Elizabeth. Albert was M years old. Associated Press Photo) THOMAS ORDER FOR REFUND TO GRAIN-GROWERS An order In the grain rate case which will direct refund of ap proximately $300 000 to Oregon grain growers was expected to be i.-Mjfd within th next 48 hours by Public Utilities Commisiioner diar ies M. Thomas, It was learned to day. The case Involves the movement ot some 12.000 freight cars as far bark as 1925. The order, when is sued, will conclude the hearing con ducted In 1932. Intra -state rates which average 20 per cent less than inter-state tariffs form the basis for the order. The order has been completed since last Friday but has not been entered In the commission's rec ords. It was understood Thomas was preparing a formal statement to accompany the order. Virtually every railroad in the state Is In volved in the case. ! The order has been written fol lowing numerous conferences be tween railroad and utility commis sion officials. Records show rail roads charged inter-state rates on shipments which the commission classified as lntra-state. LINN ASSESSORS START MARCH 1ST Albany Linn county assessors are to take the field and start the 1934 assessments, March 1, it was an nounced by W. C. Templeton, coun- I ty assessor. The deputy assessors are I to meet here Saturday. They are John McNeil. West Albany; Leslie Sade, East Albany; J. S. Nlcewood, Halsey; Courtney Gilbert, Harris burg; W. R. Kirk, Brownsville; A. J. Sportsman, Sweet Home; James O -Hara, Lebanon; Claire Powell, Sclo and Lacomb, and A. L. Grddes of Rock Creek. Assessor Templeton will make the Albany assessment. Salem Markets Complied from reporU of Sa lem dealers, fur the gu'danc of Capital Journal read era. (Revised Dail;;. Wheat, No, 3 white 68c, red sacked SOC DUbliei. Feed oats 919 tOD milling oats 919. malting barley No. 1 919 ton. Clover 9U, oats and vetcb 911, val icy alfalfa 912 ton. Hogs Midget Marltet: top grnrtfi. 140-160 lbs. 94 50; 160-200 lbs 94.75; 200-225 lbs. 94 50; 225-250 lbs.' 94.25. Veal 8c lb. dressed. Tod hogs 120 lbs. 8'Ac lb. dressed. Poultry Light hens 6c. medium To lb. Heavy hens 9-10c, colored fryers IOC. Leghorn broilers 10c. Colored broilers 10c. Sings 5c. old roosters 4c Eggs fvjed. 10c, extras 12c dozen Butter Cubes 2C,y2c, prints 240. But terra t 21c lb. WOO!.. MOHAIR Woot Course 21a lb medium 29c. iambi 21c lb. Jefferson A Southern Pacific bridge crew under F. McCormick is stationed at the S. P. depot while doing repair work on the tres tles here and in this vicinity. ward predominating: best medium weights 96 25; yearlings 97; weighty steers 94H5-9525; cows weak to 15c lower; bulls steady and vealcra weak. Stackers firm. Sheen 9000: fat lambs uneven, ar ound stonily to 25c lower; sellers ask ing steady. Oood-chnice woolrd lambs bid downward to 9!) 50 and below; best handy and medium wclirhts held above 9SJ.75: suddIv clipped lambs in creased, nothing done early. Talking around ntcady on aged sheep, feeding in runs absent, . MMinnville Gets First Contest Place Corvallis. Feb. 31 With a score of 94, A. C. Madson of the McMinnvule creamery won first place In the annual cold storage butter contest held In connection with the convention of the Oregon Butter and Ice Cream Maker's as sociation here. Awards were made Bt the close of the annual two day convention last night. Raiph W. Waggoner, Clatskanie creamery, won the senior butter- makers' contest with a score of 93 .75. J. bu'k-r. Mount Angel Co operative creamery was second with a score of 93.58. and A. B. Swan Carlton, cooperative, third with 93.50. STOCK PRICES CLIMB HIGHER IN FINAL RALLY New York. Feb. 21 IP The stork market moved nervously In today's pre-holiday session but rallied In the la-st hour to give a firm tone at the close. The rally followed a mld-scssion depression occasioned by a sell-off in New York Central as result of the bond proposal which placed a conversion price of 40 on the stock and a criticism of alleged "prop aganda activities" of the New York stock market by Sen.ttor Duncan Fletcher, co-author of the stock market regulation bill. There vas little pressure, however, during the declining period and the market snapped back sharply near the close on fairly good buying. Industrial news was favorable. Iron Age's review of the steel indus try painted a rosy outlook lor the immediate future. Selling during the morning again was predominated by the low-priced shares but in the afternoon better grade Issues took leadership. New York Central, after dropping below 41, made a fractional gain at 42'i. Other rails were fractionally higher. In the Industrial group gains ranged almost to 2 points, steel jumped one-half point to 59, Chrys ler touched 60 for of a point ad vance. Sliver stocks were strong with American Smelling up 1 to 49 and U. S. Smelling up 114 to 130Vj. Howe Sound was up l'i at 4912. Aircraft stocks were mixed with United Aircraft advancing 1 to 24'4. Oils were fractionally lower while utilities were mixed. Declaration of the regular $2.25 quarterly dividend brought a little interest into American Telephone which gained fractionally. Stock sales today were approxi mately 1,900.000 shares against 2, 350 shares Monday. Curb sales were 352.000 shares against 401,000 shares Monday. Dow-Jones preliminary averages showed Industrial 108.50 up .30, rail road, 61.81 up .02, utility 28.30 Up .10. PRICE CUT TO BE EVADED IS REPORT In the recent hearing at Wash ington in connection with a mar keting agreement for red sour cherry canners, proponent insisted that unless a minimum price were set for the remainder of the 1933 pack, prices would be unnecessarily and disastrously cut, importantly affecting growers, as an estimated 80 per cent of unsold stocks are in the hands of cooperative associa tions and canners selling under co operative contracts. Proponents asked for license for all canners of red sour cherries, says the Califor nia Fruit News. On the other hand, opponents stated that such a price regulation would upset marketing plans of the Industry and decrease consumption, making it impossible to dispose of the stocks before next crop. They stated that the present carry over is not heavy anyway and urged that any agreement not be made bind ing upon packers unwilling to sign. CLOSE EXCHANGES DURING HOLIDAY New York, Feb. 21 ( All lead ing security and commodity mar kets in the United States will be closed tomorrow in observance of Washington's birthday. Foreign markets, including the; Liverpool grain and cotton ex- j changes, the London, Toronto and ' Montreal stock exehanees and the Winnipeg grain exchange will re-1 main open as usual. Boxer Under Guard Against Lynchers Boston, Feb. 21 IP) Veiled threats of lynching today caused police to assign extra guards to a former navy boxer who allegedly has confessed that he killed Vic toria David, 14-year-old school girl. His nerve broken by hours of questioning. Francis Vigneau, 23. 1 alias Francis E. (Colorado) Bennett.1 signed a confession, according to authorities. In which he admitted slaying Victoria because "she grab bed me by the hair and began to scratch and bite me." When word spread that Vigneau had confessed, police received tele phone calls from men who said they would "take care" of the killer. Vigneau, once ft Colorado coal miner and more recently a vagrant, was arrested at ft relative's home Monday night, 12 hours after the body of Victoria, criminally at tacked and beaten to death, was discovered In an automobile park ing space borderln Chinatown. PHONE DIVIDEND New York. Feb. 21 (IP) The American Telephone and Telegraph company today declared the regu lar dividend of $2 25 per share, pavable April 16 to stock of record March 19. ' FIND BUSINESS IMPROVING IN ALL DISTRICTS Washington, Feb. 21 (IP) Mem bers of the federal advisory council returned to their districts today In an optimistic mood, pledging the support of the banking interests to me government s recovery program and suggesting new steps to pro mote business activity. The council, selected by the 12 regional reserve banks to supply ad vice to the reserve system, com pleted its quarterly meeting yester day more optimistic than at any time since the start of the depres- . The organization is one of the most important banking bodies in the United States. Details of the gathering were supplied by Federal Reserve Gover nor Eugene R. Black, who stated that the members were in favor of a modification of the securities act of 19& in order that the capital market may be reopened and busi ness supplied with the necessary i uncis to carry on the recovery' pro gram. The members, Black said, report ed "large improvement" in business conditions in various parts of the country and increasing bank depos its in all banks not only because of government expenditures through different channels but a "real up turn" in business conditions. "My personal opinion," Black said, "is that we must open up the capital market If we are to have real recovery. We've got to get 6,- 000,000 men back to work." Among the modifications sug gested by the advisory council in the securities act was the reduc tion of the present almost unlimit ed liability of corporation directors in flotation ot securities issues. Continuation of Fatal Frigid Wave From Page One rooned 500,000 workers In their homes and forced the stock ex change to open an hour late yes terday. Highway traffic is still tied up In a knot in many places, but most trains were moving, although regu lar schedules were largely disre garded. Schools, ' courts and busi nesses were reopening after sus pending because of the storm. Through the niitht 30 sailors stuck to the Collier Northern Sword, which jammed ashore off Winthrop Head, near Boston. Coast guards men with breeches buoy stood ready to take them off if smashing seas started to break up the vessel. Here arc some high spots of the storm's havoc: A Boston train due in New York at 6:35 a. m. yesterday arrived at 5:45 p. m., the first to get through. An expectant mother, Mrs. E. V. Mellier of Westbury, Long Island, started for the hospital in a doc tors car. It got stuck in a drift. A policeman got another car. Il also became stuck. Then a tractor was hooked on to the car, and Mrs. Mellier reached the hospital In time to give birth to twins. Fifteen trains carrying 3,000 or 4,000 persons were snowbound In Connecticut and Rhode island yes terday. National guardsmen delivered newspapers to snow -imprisoned families in Danbury, Conn. School children of Augusta, Me., unable to get home to the suburbs, spent last night in town. It looked like a Harvard-Yale day in New Haven. Conn., as stranded travelers clog ged the town. Trainman C. D. Drake of the New Haven railroad said, "It's the worst storm in my 56 years of ser vice." The Massachusetts state house shut up shop yesterday, telling state workers to go home if they could. A special snowplow broke a path so Gov. Ely of Massachusetts could get to work. Half a dozen C. C. C. camps near North Adams. Mass.. were marooned. Rural mail deliveries were suspended or ham pered almost everywhere. Snow halted a murder trial at Freehold, N. J. The prosecutor couldn't get there. Fifty commut ers camped last nisht in the Mnta wan, N. J., railroad station, unable to get home. Subway riders In New York were frantic because doors froze and trains carried them beyond their stations. In North Adams, Mass.. two hundred families were without water because the mains, deep down in the ground, froze. Bob sleddin; at Lake placid, N. Y. was discontinued. Too much snow. At Floral Park, L. I., two loco motives fell over on their sides trying to buck snowdrifts. A con ductor was killed at Rockville cen ter. Long Island, when a snow plough pluneed off the track. Fire Island, off Lone Islands south shore, was completely cut off. and no one knew the condition of its 200 inhabitants. Spencer Smith, fireman of Wayne township, N. J.. spent two hours inside a cake of ice and survived. Knocked down by a hose while firefighting, he was found two hours later coated thickly with Ice. The American socletv for pre vention of cruelty to animals hand ed out "carpet slippers' for horses. Made or thick carpet, they pre vent the animals from slipping. Ana Up In Ketchikan. Alaska, straw berry plant are budding and the boys are paddling In the old swim ming hole. In the south temperatures mod erated some from the low read ings of Tuesday. Chattanooga. Tenn.. reported 19: Atlanta, 25: Nashville 23: Little Rock 36; Memphis 36: Birmingham 32: Richmond 17; and New Orleans 44. Denver. Colo.. Feb. 21 (IP Rid ing In the wake of a sudden drop in temperature a snow storm blan keted the Rocky Mountain region today. The storm was general over the entire mountain area and had the airmail grounded. Army planes stood at "ready ", awaiting a break In the storm but no airmail was be- Milk Shippers May Ask for Inspection Portland, Feb. 21 (LP) Milk ship pers who were di graded or who stopped shipments to Portland be tween October 15 and December 15. may make Immediate application for inspection to the city, and U approved may ship their milk here at the regular price. Those who were degraded or stopped shipment prior to October 15, must first receive permission from the state control board before they make application fur inspec tion to the city, and If approved must ship their milk as surplus at 90 cents instead of $1.25 a hundred weight. driedprOne " trading ends for season Marketing of northwestern dried prunes is practically completed for Uiis season, and only a few small lots remain in packers' hands. Late in January prices repistered a slight advance over those ej-iablished earlier in the month and tho mar ket Is now In a firm position, said W. D. Hull of the Portland office of the department of agriculture. Foreign exchange rules favorable to European buyers resulted in an unusually good demand Irom over seas, beginning in October. Aside from minor periods of inactivity, foreign interests continued until the crop was sold, prices queued by packers early in October were 20 30s, 7ti cents; 25-35s, 6 cents; 30-40S. 6 cents; 40-50S, 5'a cents, and 50-60S, 6U cent. As the sea son progressed prices registered a slight advance and packer's quota tions about the middle of January were: 20-30s, 7'i cents; 25-35s, 6i to 7 cents; 30-4Cs, 6 to 6 cents; 40 -50s, 6 cents, packed in boxes, f. o. b., Portland doc ks. Due to heavy foreign demand, the supply of small sizes was soul at a relatively early date. Domestic de mand developed slowly in the early part of the season, but became quite active in January. Poland and Germany were the most important outlets for north western dried prunes this season. Movement through Portland from September through January in cluded 5.326.972 pounds to Poland. 10.699.4(14 pounds to Germany and 4.383,539 pounds to the United Kingdom. The volume moung to Poland this season was nearly two thirds greater than In the preced ing season, while Germany's pur chases increased by mure tlian 200 per cent over those of the previous season. The movement to the United Kingdom for the five months endiiig January 31, 1934, is about 25 per cent let than last season. English markets are in a strong position, according to the following cable from F. A. Motz: "London Good spot trade con tinues for all sizes, top - counts especially in good demand. Very strong market prevailed on spot and for shipment, tendency being for higher prices in the near future. "Liverpool All sizes selling free ly on spot at firm rates. Shippers report market strong and higher prices, with every prospect of fur ther advances In near future. Ore gon supplies exhausted on other side. Resales have been made at advance of 1 to 2 shillings, equiva lent to 25 to 50 cents per 100 weight of 112 pounds. "London stocks January 31, tons of 2000 pounds, 1794; last year, 1919 tons; year 193:2. 995 tons, MAIL ORDER BRIDE WINS $300 BALM Seattle, Feb. 21 (LP) William Rav- enswood, 54, Seattle apartment house owner, was $:i00 poorer today following heart-balm action against him by Mrs. Helen A. Sherman, 41, of New York. Mrs. Sherman surd for $22,231 but the court figured $300 would cover injury to her heart. Mrs. Sherman complained she left New York to marry Havens- wood, following a "mail order" ro mance. She sr. id when she arrived here, Ravcnswoods love turned cold. Ravenswocd explained that when he saw her lor the first time in the llesh, "I knew I had been tung." The court reprimanded both for the method of courtship. COG TEAMS HUSH TO AID MAROONED Moscow. Feb. 21 (LP) Dob teams from Cape Wellcn draeged slegdes throuph the Arctic winter darkness today toward the rescue of 72 men. women and children marooned on ice 80 miles off the northeast Si berian coast. Two large airplanes and several small ones were tuned up at the Cape ready to take off when storms subsided. Those marooned, who include the Wrangel island meteorological sta tion crew, on the way home after three years Arctic isolation, took to the Ice when the government Ice breaker Cheliuskin sank on Feb ruary 13 off the coast between Cape Verny and Cape Wellen. They are in wireless touch with land stations, and reported today that they had built 11 large house of lumber, to shelter the women wives of scientists on the expedi tion their children and the 111. One of the babies was born aboard the Cheliuskin. When the Cheliuskin was crushed In the grinding Ice pack, the stew ard fell overboard and drowned. The survivors erected a wireless station and after notifying the gov ernment of their plurht awaited rescue. They fished in the water for wood and debris to use as fuel. lng carried. The storm covered parts of Ne vada and Arizona. Utah, Montana. Wyoming. Colorado and extended into New Mexico. INITIAL MAIL FLIGHT EXCITING TO ARMY FLIER Portland, Fib. 21 MV-fiwan In land aii port looked "mijihly good to Lieut M. E. G laser, young army airmail filer from Kansas, when ha put his observation plane down her Tuesday afternoon. He was "on top" of the Blue mountains for 40 minutes in "srro zero" weather before the storm sub sided, flying by dead reckoning with the aid of instruments, newly installed. He left tills morning with the mall for Boise. Lieut. G laser reached Portland with 55 pounds of mail, but the heavy canvas covering of the mall cockpit had been whipped to shreds by the hitih wind. Army fliers derived considerabiw satisfaction from G laser's achieve ment, inasmuch as the regular transport pl.ino due In Portland at 7 a. m., remained at Hoise because of bad weather, finally reaching this city at 4:30 p. m. At Kamela yesterday, a few minutes out of La Grande, weather dropped over his ship like a blanket, but he wma able to swing around and return to the La Grande airiwrt for ft break. He was off again soon. Up and up the weather forced him until the altimeter read 11.000 feet. There he found the "top," with the storm, rlmid.s and sleet below, but with frlTid temperatures prevailing. He flew in from Pasco to Portland in one hour and 30 minutes apainst headwinds. REV. H.S. TEMPLETON COMMITS SUICIDE Seattle, Fb. 21 (An Word was re ceived here today that the Rev. Har ry S. T nip!etin .59, former Seattle, Portland and Bellin'jham Presbyter ian pastor, and former University of On tion football player, shot and killed hincdf in Los Angeles yes terday. He had been ill. The Teinpletons moved to Los An geles three years ago wh re he took charpe t.' the Second Presbyterian church after 10 years at the Uni versity Presbyterian church here. He was a grandson of tlie late ftra Meeker, famous Puyallup pioneer. His mother. Mrs. Klla Ti-mplcton, a sister, Ikrtha, and a brother. Dr. C. L. Templeton. reside here. Two other brothers, Floyd and Clarence live in Albany, Ore. A brother, Joseph Holt Templeton, Seattle attorney, was killed by an automobile here December 23, 1931. Another brother, Frank, a Portland merchant, died last November. The minislei's early life was spent in Oregon. He was a football player at the University of Oregon and re ceived his theological training a Williams College, Mass. BUSTER TAKEN IN LONELY CABIN Corvallis, Ore, Feb. 21 (LP) After dodging police for two years, P, H. Burtncr, alias Paul King, was in Jail here today facing an In dictment in federal court in Fort Worth, Texas, on a charge of us ing the mails to defraud. In a lonely cabin on Drift creek in a remote section of the coast mountains, Burt.ner was captured late yesterday by Sheriff Newton and state troopers. They reported he was living in a small cabin with a woman who pave the name of Mrs. Delia Moore. Burtncr was indictrd in 1931, and was arrested In the Snislaw na tional forest by federal marshal! from whom he escaped. The indictment was said to have grown out of the sale of fake oil lands by mail. Burtncr vrs to bo remevtd to Portland today by Umud State marshals. CODE BODY SUED BY ThUGK OWNERS Portland. Feb. 21 (in A suit for $40,000 cacli from 14 persons listed as defendants was filed here Tues day by the Association of Commer cial Truck Owners arain.st the Ore gon petroleum code committee. The truck association, charging the code commit te hrd circulated reports that tho cooperative was op erating in defiance of and contrary to the petroleum cede, petitioned for a restraining oider, alleging that much damase to good will and busi ness had resulted from what were described as "false and malicious ru mors." The association stated it operates filling stations and equipment 00 lease and contract, collecting from truck owners the regular price for gasoline and oil, and rebating all money above costs. It charges that because of reputed interference by the code committee, it has suffered cancellation cf some of Its leases and contracts and that difficulty Is ex perienced in obtaining supplies from oil companies. Hamilton Honored On 80th Birthday Clear Lake A surprise party ni held at the home of Mrs. C. W. Pugh Monday evening In honor ( her brother. John Hamilton's 80th birthday. He has made hla horn with his ?Lstcr lor the past seven years, eomlr.g here Irom Portland where he was a lona- resident. Hani Uton Is active for his asc caring for the home and also assisting In tns Hill Top grocery store. The evening was spent playing cards. Lunch was served at a late hour. Those present were Mr. and Mm Percy P117I1. Salem. Mr. and Mrs. Chester Pueh. Woodbum, Mr. and Mrs. Roy Smith, Mr. and Mrs. Da vid Schlay and children, Mr. and Mrs. Amos Smith. Mrs. Bertha Bah", Miss Lydia Powell, Mrs. Dorothy' Carpenter, Mr. and Mrs. Bck Do tolt, Mrs. Lotton Qirod, Mrs. C. W. Pugh and the honored guest, Joha Hamilton.