Image provided by: University of Oregon Libraries; Eugene, OR
About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Oct. 21, 1936)
10 . KE CAPITAL JOURNAL. SALuM, OREGON WEDNESDAY, OCTOBER 21. 1M6 STOCKS RESUME ADVANCE AFTER PROFIT TAKING New York, Oct. 31 (LP) Stocks ab sorbed wolit-taklni today and re sumed the rise after two days of irrecularity. Volume was light, however, with the day's total around the smallest since the first of the montn. Strength in automobile issues sus tained the market in the early trad ing when moderate profit-taking brought irregularity Into the rail road and steel sections. The steels steadied at small net losses and rails rallied late in the day under the head of Atchison. Coppers picked up and oils were irregularly higher. Utilities were mixed with several of the preferreds strong. Farm Issues turned up sharply from an early decline. Gen eral Motors made a 7-year high American telephone was '.4 point under its top for the year. Some of the railroad issues moved over a wide area. Union Pacific touched 154'4 up 3'i points, while New York. Chicago and St. Louis preferred was up i points at 90'i. and pere Marquette lost 4V4 potnu to 41. Atchison rallied from 81 to 82S, the latter up a full point net and then lost half the gain. Dow Jones preliminary closing averages showed: industrial, 176.70 off .08. railroad 59.25 up 0.38; uitlity 35.28 off 0.03. Transactions were 1.632,210 shar es compared with 1,873.162 shares yesterday. Curb transactions appro ximated 401,000 shares compared with 403,000 shares yesterday. SOIL CHECKS FOR FARMERS MAILED Washington, Oct. 21 (LP) The first block of 1938 farm benefit checks was pushed through the gov ernment's huge check-writing ma chines today for farmers in a dozen states who have cooperated with the administration's soil conserva tion program. The checks, totalling almost $9, 000,000, are expected to be mailed to farmers before the end of the month. They" represent only about two per cent of the total payments to be made under the $470,000,000 appropriated for the program by the 1036 congress. Agricultural adjustment adminis tration officials, who are adminis tering the program, said payments to farmers in other states will be made from time to time, as rapidly as applications for benefits are re ceived and approved. Ultimately, al most 6,000.000 farmers are expected to share in the benefits. SALES OF ACREAGES JUMP 50 PERCENT Los Angeles, Oct. 21 (IP) P. O. B. returns exceeding $6,000,000 for Sep tember Valencia orange sales were announced by the California fruit growers exchange today. This exceeds September returns last year by 50 per cent and three years ago by 79 per cent. Heavy volume and high prices were responsible. Exchange sales of packed Valencia during September were the greatest on record, and the average P. O. B. price was the highest In five years. The P. O. B. average was 88c higher than last year, bic higher than 1934, SI htshcr than 103. $1.18 higher than 1932 and 81c higher than 1931. Lemon shipments during Septem ber were heaviest on record and it I he best prices In t hree years. Salem Markets Compiled fmm report of Sa lem dealers, for the guidanct of Capital Journal readers. (Revised Daily). Wheal, pet bush I. No. I whit 00c, red narked 8lc. Peed oat J3 ton; milling SJ7 too. Fred barley $28 ton. malting 39. Clover hay 19 per ion, oat and vetch 9. Vnllcy alfalfa til ton. Vetch seed No. 1, SJ.9S hd. Clover seed. No. 1 22c lb. Hons Midget Market Top grade 140-160 lbs. M); 160-300 lbs. S9.7.V 300.22ft lb. t(). 50; Mb -2 SO bi. S9.2S VphI 13c lb. dressed. Poultry Heavy colored hena 15c lb. med. 14c. Leghorn Nn. 1 9c lb., old root t era 6c. colored frya under 4 lba. 18c over 4 lb. lie. Lea. frya 14c lb Eggs Buying price- Med extras 24c, ex. large whites 29c, browns 3Bc med standard 3lc. pulleta 14c. atan- darnn 2."mj doyen. Butter Print. A grade 3!He lb R grade 34;c. Butbrfat, A grade 3S',c lb., B grade 34c delivered ' WOOL MOM 4 IR wool Coarse and fine 37c. medium 30c, Mohair 40c tomb's wool 37c lb Markets Briefed (By the United Press) Stocks irregularly higher in quiet trading. Bonds irregularly higher and fair ly active; U. S. government de cline. Curb irregularly higher in mod erate trading. Foreign exchange steady. Cotton easier. O rains: Wheat unchanged to cent lower; com up H to S; oata up to ofr; rye unchanged to up . Rubber lower. Scio Mr. C. D. Donahue and Mrs. Wm. Kalina will entertain tli? Scio pinochle club at the Dona hut home at 1 :30 p.m. October 27. The pinochle club la a continuation of the "500" club which functioned hem for several years. NEW YORK STOCKS Closing Quotations by Associated Press Alaska Juneau Allied Chemical fc Dya American Can American Commercial Alcohol American Si Foreign Power American Power it Light American Smelting At Rcf American T it T American Tobacco B Anaconda Atchison Atlantic Ref Bendii Aviation Bethlehem Steel Boeing Air Burroughs Adding Machine California Pack J I Case Caterpillar Tractor Chrysler Commercial Solvent Commonwealth Sou Continental Can Corn Products Curtlsa Wright Du Pont Eastman General Electric General Poods General Motors Gold Dust International Harvester International Nickel International T At T Johns ManvlUe KrnnecoU Lib bey -O-Ford Liggett it Myers B 16 127 U 29 llJ4 90 V 180U 101 46'4 91 31 1, 31', 73, 28', 32 -j 40 1874 83 128-', 16', 4 75 72 ' 168 175 4H't 41 74 144 90 , 62 12 125 56 ', 69', 103 ' MARKET QUOTATIONS PORTLAND EASTMHE MAKKET Portland, Oct. 21 iu.fi) Japanese ra dishes found keen demand today at the- eastslde market with best selling two bunches for 25c. Cauliflower weak, little price change. Cabbage weak, little changed. Orcen and waxed beana as well aa others firmed and generally higher; beat Blue Lakes 5c. Kentucky Wondero 5 -6c and Younts to 7c lb. Lettuce unchanged as to demand and price, except some very poor stuff sold lower. Potatoes unchanged, most sales of good locals $1.10-20 orange box, few 1.25. Grapes were In very keen request with a quick clean-up. Sales chiefly 35c lug, few 40c. EKgplant 75c lug. Chinese lettuce 1 crate. Celery root mostly 50-55c dozen. Endive 40-50c crate. Lima and shell beana 40-50c lug. Tomatoes 15 -40c box, most sales of fairly good stuff to 25c. Sprouts BO -95c box, moved rapidly. Green broccoli 25c lug. bunches to 35c dozen. Red DeDoers 25 -35c box. Green 50- 60c orange box. Corn 60-75C sack gen erally, few 80c. Some McM nnville cantaloupes 91.10 crate. Valley Delicious apples, face and fill sold to 75c box. General prices ruled: Turnips No. 1 30-40c doz. bunches. Carrots Local No. 1 17 c doz. Beets No. 1 15c doz. bunches. Parsnips No. 1 35-40c lug. Rutabagas Local 35-40c Hut. Potatoes Local No. 1 11.10-25 box. Corn Local No. 1 65-75c. Cabbage Round type S1-S1.25 crate. Spinach Local 45-50C, Walla Wal la 35c orange box. Onions Local 50c for 50-lb. bag. Walla Walla 45c cental. Green Onions 20c tloz. bunches. lettuce Local 75c-$1.25 crate. Tomatoes Local 20-40c crate. String Beans No. 1 3-6c lb., Younts 6c, shell 3c lb. Squash Summer, crookedncck 20e, Zucchlnnl 25c peach box. Cauliflower No. 1 45-55C box. New Apples 40-60C box. Cantaloupes Hale s Best 81.25 cte. I'OKTLAM SICAR, FLOLR Portland. Oct. 21 (A ugar: Berry or fruit 100s 85.16, bales 86.36. BKt $5.05 cental. Domestic flour: Selling prices, city delivery A to 25-bbl. lots: Family pat ent 98a 85.90-t7.75. Bakers' hard wt. 85 S5-87.55. bluestem 85.85-86.50. Blei ded hard $5.30. Graham 86.05. Who. wheat 86.10 bbl. I'KOIMTK EXCHANGE Portland, Oct. 21 ). The following pricea named effective today; Butter Cube extraa 35c. standards 32c. prime firsts 31c. firsts 31c lb. Cheese Oregon triplets 18c; loaf 19e lb.. Brokers pay e lb. less. Ers Produce exchange quotations between dealers: Extras, large 32c. med. 2Rc. small 18c dozen. Standards, large 38c. med. 21c. small 17c. Job bing prices 2c higher. PORTLAND WHOLESALE Portland. Oct. 21 'UP' These are pricea retailers pay wholesalers except where otherwise siaien: Butter Prints, A grade 35c lb. in parchment wrappers. 46c In carton. B grade in parchment 34c. cartona 35c Rtittorfftt Portland delivery, gen eral price: A grade delivered at least twlre a week 38-37' lb. country 34-35c. B grade 34-35c lb. C grade at market. Cream B grade for market, buying price butterfat basis 53c lb. rheese Srlllna orlces to Portland retailers: Tillamook triplets 23c. loaf 24c lb To wholesalers: Triplets 21c lb., loflf 32c lb Enga Bm-lng prices by wholesaler; Extras 33c doyen, standard 28c. extr medium 23c. med. firsts 30c. under grade 16c. pullet 13-1 Ac. peewees 8c. Rabbits Fancy dressed 18-19c lb. Turkeva Dressed, selling prices to retailers: No. 1 old rrop hens 22c, toms 30c lb. New rrop 2-26r. LIVE POt l.TRY Buying prices: Portland delivery Colored hena over 4 lbs. I6-17C lb. under 4 lbs. t6-17r. leghorn hens 10-13C lb. b-otler 1 lhs. 16-17p lb Leghorn uprtn Mc. rooster 8-Pr lb Selling pricea by wholesalers: IJght hens 10' .e lb. med. 12e lb , colored le. broilers 16c. colored soring Mr lb Peirt d ticks, young I4-15C. colored 10-13c lb rut: 11 vri it Annie Jonathans, face and fill 0or. extra fane $1 60. Delicious. Vakima. ex. for, asiV K'nga. fsre-flll ac hot. Crahsnnles No. 1 3-Hp In Cantaloupe--Crate l 50-75. Bananas Hunches 5'r 1h Hands 6c rhs Yskima No 7V crate. Strawherr1" l.ncat crate. Ornr Va'enrla $3-5 '.1 rase Orapefrnit O'td 3 35-50 case. Ar'ona fanev a.V cae. lmnn Cel'f fney $7-87 35 per case choice $8-86.25. Orr-undrerrle Dalle " -$1 IS hx Crsnherrle Northwest MeFarlne M 60-78 Early blark $3 25-50 -bbl. box. t RI'oiH VmFTMtl F Celerv Oregon 40-60e down Oarllc New prop normal. 7-8c lb Pe loeel 7-ap lb. Coast 10-1 1c lb. tninarh Orn hoxe 50c. Tomatoes tval ?o-4Ae box lettuce local 8135-50 rrste Sweet Potstoe- Calif. 1 50-60 . Yam- 3 18 50-th. prate. Cauliflower Loral S5-65p crate. CitPumb-r I opal allplng 8 Op box. olckllne 30-3V hot. Potatoes -IjopsI $1 00-$3: Tehnte $1 O0-$3: Klamath No 1 tl 90-$3 10 Cmlons -Oregon 80c-$1.10 cental: Yakima asp. Corn No. 1 local 75-85e ack Cabne--Mo 1 lopst 1 v..; e lb. Mi'.tt si rmviio Potmtrv Meats fleltlnt prlpes to re. fallen: Count rv killed hrv. heat but. eher under 150 in. 1S-13';p tb t. rm, fn. I f4-T4iwp liM and tbln ke fetbf b,a" tn n HecTe lOo lb heavy 8-9e. Cuttar oows 7.8a Liquid Carbonic 42; Montgomery Ward 57 A Nash Motors yA National Biscuit 32 a National Dairy Products 25L. National Distillers 28 Pacific Ga it Electric 37 Packard 12, J C Penney , 941, Penn R B 44', Phillips Petroleum 45 Public Service N J 46 Pullman 62 j Scars Roebuck 931., Shell Union 26 Southern Pacific 45'? Sperry Corporation 20 Standard Brands 17 Standard Oil of California 40 Standard Oil of New Jersey 67 Stewart Warner 31 Studebaker 15 Trans-America 14-14 Union Carbide 99 Union Pacific 145 United Air Lines 15 United Aircraft 24 United Corporation 7'.'. U S Industrial Alcohol 38" U S Rubber 37 U 8 Steel 78 Western Union 91 Westlnghouae Electric 149 White Motors 23 Woolworth 61 CLOSING CL KB QUOTATIONS Cities Service 4 Electric Bond it Share 22 lb., canners 7-7 Vic. Bulls 8-91,4c lb.. Lambs 14-15c, ewes 3 -7c lb. HOPS AND WOOL Hops Nominal, 1936 43-45c lb. Wool Nominal: Willamette valley med. 30c lb., coarse and braids 28c. eastern Oregon 23 -24c, crossbred 21-28. PORTLAND GRAIN Portland, Oct. 21 UP On the sam ple cash market local wheat gained ;c a bushel. The future market, without trading of any sort, continued nominally unchanged. wneat open nign low close May 98'4 98'i 98 4 98 A Dec 07'4 97', 91 97 Cash: B.B.B. H.W. 13 81.18. Dark rmrd winter. 12"' $1.12, 11 $1.06. Soft and western white 97 Hard winter ai.ui'3, western red aay7. Oats. No. 2 white 830. gray 829. Corn: No. 2 E. yellow 849.50. Argen tine $35. Mlllrun $28. Car receipts: Wheat 48, flour 13, hay 1. PORTLAND LIVESTOCK Portland. Oct. 21 (1 (U. S. D. A.) Hogs 350, direct 62; market slow, most ly steady Good -choice 165-315 lb. drive-ins mostly $10; load lots quot able higher, few 230-280 lb. butchers 89.50; odd head light lights $9.50: packing sows mostly $7.75: choice light feeder pigs upward to $9. Cattle 150; calves 75. Market very slow, steady to weak with Monday's low close. Few common steers 84.75 $5.75; strictly good grass steers quot able to Monday's top $7.75, few com mon heifers 84-85.25; low cutter and cutter cows $2.50-$3.25. common-med. grades $3.50-84. few good beef cows $4.25-50. Bulls salable around $4.50. $5. med. good vealers $6-$7.50: choice $8.50 or above, short load 425lb. stock calves $5.50. Sheep 300: market falrlv active. mostly steady, good rat lambs $7.25 50: common throwouts down to $5 50. few med. -good 86-lb. shorn lambs 86. Fairly good ewes $2.50-75 choice to 83; common-med. 81.2582.25. CHICAGO LIVESTOCK Chlcruro. Oct. 21 (U. S. D. A.) Hog 21.000. generally 10-15c lower, spots off more: extreme top f.90: bulk well finished 190-250 lb. $0.65-85- bet ter grade 140-160 lb. largely $8.25-19: best sows $9.10. Cattle 12.000; calves 1500: best year ling steers and heifers fully steady. $10.60 paid for atreers. some held high er. Top heifers $10.40. med. and good grade. esoeclally weighty kinds steers uneven. Cowa slow. med. and low grade 10-15c lower. Stockers and feeders steady, bulla barely steadv. vealers barely steadv. mostly $10 down. Sheep 11.000: fst lambs alow. Under, tone weak to lower. Sheep also weak, but feeding lambs active and strong Top native lamb 89 25 to small kill ers: others B.25-9: mostlv an .75 end down. Most native ewe 2.50-3 "75; bulk 65-57 lb feeding lambs $8-$8.25; best here $8,50. RONTON WOOL Boston. Oct. 21 iup.) Medium grade domestic wools received more Interest than last week; the U.S. D A. reported today. Wools of and ' blood grades moving at prices that showed firming tendency. Good length ', -blood ter ritory brot 73-74c scoured basis, al though ordinary lines available slight ly under this range. Best -i-blood ter ritory brought 80-Slc. average lots 78 79c. Sales closed on good combing blood Ohio at 39c In the grease, a frac tion higher than this figure having been reported on light shrinking lot. Quarter blood Ohio 37-38C. slightly more for amall selected lots. DKIF.D FRI'IT New York. Oct. 31 'jPi Evaporated applea, choice iO'fce lb. Prunes steady. )30-40's California B--: Oregon S'i-'ic lb. Apricots steady: choice. 13c. extra choice M'v;e. fancy 15Hc lb. Peaches steady, standard 9".c lb., choice 9atC. extra choice fl-lOc. WINNIPEG GRAIN Wlnnlprg. Oct. 31 Whent close: Oct I.12... rep. $1 09-09'.. Mav 8.. fWPj-10 Cash: Northern No. 1 81.11U, No. 3 $1.10. No. 3 81.07. S FRsNClKCO DURY San Francisco. Oct. 31 'Uff Butter, 92 score 34c. 91 Pore 32'9c. 90 score 33c. 89 aeore 31 Ue lb. rheese Flat IBc. triplets I7'7c lb f;bcs uirge ao7c. med. 3B'jC doe., amall 21'jC. . WW YORK liopa Pacific coast 1936 52-6c, 1935 s 36-4L Pickers Get Start On Packing Plants Hood Rlwr. Oct. 31 Pi Indian Mimmrr lui ftlvm Hood River val ley fruit parkera a hrad swrt on paokinn plants. With packers over loaded, a major part of the crop Is held under cover at orchards or In farm sheds. On top of fine picklns reamer, the crop Is conskteraoly larger than earlv forecast. Coast Vets Elect Nelscolt Ralph Reese post. VeU erans of rorelun Wars, elected otfl cers last week as follows: John Balas. commander: Russell Peter son, senior vice-president; I. L. Fa ber. Junior vice-president; Arch Blue, quartermaster: Byrton Moore, chaplain; R. J. Collins, O. D.: Erlck Lund, surgeon; T. H Wlllett and Arthur Zerbe. tnistees. The post will arrange for ArmbUcc day ob-aervuica. WORLD WILL HEAR MORE OF OREGON PRUNE Another step toward the adver tising of Oregon prunes was taken last week when growers' represen tatives and packers met together in Portland and made verbal agree ment on basic phases in the pro posed plan. Formal confirmation papers are now being prepared to ratify these verbal agreements and observers look forward to appearance of advertising on Oregon prunes in selected markets during the com ing winter in time to aid in mar keting the 1936 crop. The Portland meeting was the last one to date in a scries held during the summer and early this fall. Ted F. Mankartz, of Salem, was named by local growers to represent Mar lon county, and J. G. Hogg, RFD No. 3, Salem, to represent Polk county. Similar growers' gatherings in other counties also named repre sentatives to confer with packers on ways and means of regaining lost markets for Oregon prunes. The growers' committee thus nam ed and composed of all representa tives from the principal prune growing counties of Oregon and Washington, will incorporate as "Oregon Prunes. Incorporated," to receive funds from prune growers through the packers and "to disburse said funds to promote consumption of Oregon prunes through adver tising, research, or by any other means." Packers represented at the meet ing predicted that all members of their group would fall in line to act as collection agencies, deducting $1 a ton from payments to growers, thus creating the fund for an ad vertising campaign. This rate was arrived at by the growers' commit tee as being equitable for all sizes. Agreements for collection of funds will be made by the packers between themselves and with Oregon Prunes, Inc., thus assuring that every man who markets prunes will contribute. Money raised will be turned over to the new corporation, according to the plans, and this group, made up entirely of growers, would as sume responsibility for effective ex penditures. Members of the industry present last week were: For the growers C. L. Firestone of Clark county. Washington; J. G. Hogg of Polk county, Oregon, Glenn Riddle of Douglas county, Ted Mankertz of Marion county. Herb Normandin of Washington county and Vic Rees of Yamhill county. Packers present were: Walter T. Jenks of H. S. Gilc company and the Willamette Valley Prune association, F. T. Rowell of Hudson-Duncan & company. Mau rice Oppcnheimcr of Rosenberg Bros., A. W. Turvllle. secretary of the Northwest Dried Fruit associa tion, J. F. White of the North Pafi fic Cooperative Prune Exchange. J. S. Strother of the Dundee Fruit Growers & Packers, J. C. Tracy of J. C. Tracy St company. W. G. Allen of the Allen Fruit company, and L. M. Jones of the Washington Growers Packing corporation. The E. L. French company and Paulus Bros. Packing company were not present but reported by proxy through Mr. Turvllle. INCREASED VELOCITY IN BANK TURNOVERS San Francisco. Oct. 21 Dow. Jones & Co.. reports an increased velocity of turnover of bank funds in the large cities of the far west. The figures indicate more business Willi livelier circulation of bank check "money." Turnover during the past two weeks was computed at 29.35 times a year for each dollar .in . checking accounts. This comparrd with 28.2 in the first half of September. A similar computation for New York showed a turnover of 21 for the September rate, and 21.6 for 140 business centers outside New York, The far west figures showing the more rapid circulation of funds cov ered Los Angeles. San Francisco. Portland. Seattle. Tacoma, Spokane and Salt Lake City. American -type cottonseed is being imported into China from Korea for cultivation In Shantung. FOUR MEN ISM Lfr' V:" JY llSiv AS 113 p; jpyE 1 a Luther Jonat (right). 32-yaar-old former Montana and Indiana convict, it shown at ht was hld In eu tody at Elko, Nav., afUr hit raporttd eonfonon that he killed four men, thraa of tham prominent ranch Art, in a $40 holdup. Tht thack whert tht hooting occurred it pictured at the left. Jontt alto was accuttd of previously havtng kidnapped Levon Ntll. Ogdtn. Utah, tavt driver, and forcing him to take him en a drivt to Ctrhn, Ntv. Asociatt4 Prtsa Photos) Philippine Homes More than 500 persona were killed by a typhoon, followed by floods, that swept over sections of the Philip pine Islands early in October. This picturs, brought across the Pacific by clipper plane, shows how flimsy Filipino dwellings were smashed by the storm. (Associated Press Photo) WHEAT PRICE SHOWS PAINS Chicago, Oct. 21 (IP Weakness in Buenos Aires again provided a lead for wheat prices on the Chi cago board of trade today. The locai market ran up for net gains of a cent a bushel in the eaily part of the session of buying that wis more active than in recent seions, but reacted later. Outside participation in the market was hcav.tr. At the close wheat was unchang ed to up ts, Decembei Si.M'a a bushel; corn was off ' to up December 93 cents a bushel; oats were to ' higher, December 40 cents. Strength in Liverpool and firm ness at Winnipeg induced buying in the first two hours here. The Brit ish market closed to l'ac higher in response to reports of frost in Argentina but this influence was offset by cables which showed a break at Buenos Aires. Selling pres sure increased here towards the close and all of the early gains were erased. Increase in outside interest In tht local market was attributed by grain traders partly to the reduction in margin requirements on grain fu tures put into effect today. Some traders believed yesterday's heavy milling demand for cash wheat, in dicating a revival of flour business, also drew speculators into thirty's market. Corn prices advanced along with wheat early but reacted. Wet weath er which has delayed the gathering of the new crop induced a fair amount of buyin?. .This support, however, dried up later. Soy beans scored a sharp gain in response to unfavorable weather re ports and managed to hold on to a large part of the advance at the close. Oats and rye were steady to a shpde riigher for the day. Thompson and McKinnon. in a review of the world wheat situation predicted a shortace of 22.000.000 bushels. The firm estimates import requirements for the 1936-37 season at 562.000.000 bushels and the avail able supplies in the princioal ex porting countries at 540,000,000 bushels. BETTE DAVIS TO APPEAL DECISION London. Oct. 21 iPi Belt Davis. American Mm star, today decided to fight bark asalnst the court de cislon barrina her Irom appearing In a prospective British film. Her counsel notified Warner Bro thers, who brousht the original ac tlon agaiast her because she was under contract to them, of inten tion to file an appeal in high court tomorrow. Earlier she asserted "If I had won lota of people in Hollywood would Just walk out." SHOT TO DEATH IN Lashed by Storm Continuation of Nail Removed Prom Page 1 of the bronchoscope into the boy's lung. Then, watching the fluoio- :cope as he worked, he forced a pair of thin wife tweezers through the tube, grasped the nail, and pulled It out. Hospital attaches said the boy was in good condition after the operation. . EASTERN OREGON IN NEED OF RAIN The Dalles, Oct. 21 (Contin ued lack of rainfall in eastern Ore gon is making planting conditions for wheat growers desperate, gram buyers and ranchers said today. Thus far this fall, precipitation has been Insufficient for seeding. with the result that almost the en tire district has been torccd to de lay autumn planting. Some seeding has been done "in the dust," as ranchers put it, but most growers have held off in hope of rain. The danger lies in the fact that wheat, if seeded too late in the fall, docs not grow much before the cold of winter sets in, growers pointed out. Thus tender grain, unless pro tected by a blanket of snow, is quickly frozen out. Unless substantial rainfall occurs shortly, eastern Oregon will be forc ed to plant a tremendous acreage of spring wheat always a hazard ous undertaking in this region, or risk a winter kill, growers said. BOARD OF TRADE REDUCES MARGINS Chicago, Oct. 21 LP The board of trade today rescinded its regu lation of last Aug. 24 which raised initial margin requirements on speculative trades to 2C0 per cent of clearing house requirements. The move was taken to recommenda tion of the business conduct com mittee of the board. The action automatically fixes margin requirements at 150 per cent. Initial minimum charges for cus tomers on speculative transactions will be six cents in wheat, corn, rye barley and soy beans and three cents in oats. Margin requirements on hedging and spreading transactions will be four cents on wheat, corn, rye. bar ley and soy beans and two cents on oats. . HUNTERS ARE HOME Zena A group of hunters from here considered they were lucky to get two deer on their trip of over a week. Those on the trip were W Frank Crawford. Duane Gibson, Charles McCartcr and V. L and Paul Gibson. $40 HOLDUP Killing Hundreds ERRATIC TONE IN DAIRY MART Portland. Ore., Oct. 21 (IP) Port land produce exchange quotations for butter were unchanged today but butterfat buying prices contin ued erratic. Prices in the chicken and egg markets remained stationary. Further rise of one half cent pound in the price of bananas be comes effective Monday morning. Country killed meats about un changed. Potatoes were weak, onions just held. Cauliflower was weak. Spinach glutted the market with little sale. Sweet potatoes were higher In the south but the trade here quoted for mer prices. Celery market was weak in the east, low here. Beans were higher for quality stock. Concord grape demand exceeded supply; fractional rise. Brussels sprouts likewise in bet ter demand than supply. POWER OUTPUT AT HIGHEST LEVEL New York, Oct. ai (U3) Electricity output rose to the second highest level on record in the week endeo October 17. largely reflecting recov ery in heavy manufacturing indus try operations in the central in dustrial regions to near 1029 levels, figures of the Edison Electric in stitute showed today. Production for the week was re ported at 2,170,000 kilowatt hours, an increase of 16.5 per cent com pared with the 1.863.086.000 KWH in the corresponding week. In the week ended October 10, output was 2,168.487.000 KWH. up 16.1 per cent over the 1935 week. The all-time record was estab lished in the seven day period end ed September 19 when 2,170,807,000 KWH were produced. DR, PENNINGTON TO SPEAK ON PEACE "The great problem of the 20th century is whether civilization will destroy war, or whether war will de stroy civilization," recently stated Dr. Levi T. Pennington, president of Pacific college, who is to speak in Salem Saturday evening at Waller hall, under the auspices of the Salem Peace council. The meeting, which will begin at 8 o'clock is open to all, free of admission charge, states Mrs. M. G. Panek, chairman of the council. Dr. G. Bernard Noble, of Reed college has also been slated for an address at this rally. Dr. Pennington, president of the only Quaker college In the Pacific northwest, has been speaking on topics related to the preservation of world peace for 20 years. He stresses that "if war is to be avoided, the millions in various countries must be enlightened, their convictions must be aroused, and these convictions must be made effective by being brought to bear directly on those in responsible positions who will ulti mately decide whether the world Is to have peace or war." The crisis In Spain ill be re viewed by Dr. Noble, with special reference to its grave implications for world peace. Prof. William C. Jones of Willamette university, will make a brief address. ROOSEVELT LEADS AS HUSKIES' FAVORITE Seattle, Oct. 31. LPi Byron Haines and Elmer Logg, University of Washington football players. Oroucho Marx and Mickey Mouse each got one vote today in a pres idential poll conducted on the uni versity campus. President Roosevelt was not chal lenged, however, receiving 2330 votes. Governor Land on had 618. Earl Browder, communist .candi date, got 198: Norman Thomas, so cialist. 137; William Lemke. union party leader. 3. and John W. Aiken, socialist -la bar, out. FORMER BROOKS PRIEST CALLED PLANT WIZARD The current Issue of American Magazine contains, in its Interest ing People department, a picture and sketch of Father Schoener, priest who once lived at Brooks and who even then was widely known as a plant wizard. He suflered a severe loss by fire rr at Brooks about 20 years ago when r his gardens were damaged and much of his seed and plants des troyed. Shortly after that he mov ed to Portland and later to Cali fornia where he now carries on his studies and investigations at San ta Barbara. The American says of him: "In Father Schoeners garden in Santa Barbara, Calif., roses are red and roses are blue, and sugar peas grow six feet high. Apples taste like oranges, and plums come four to a pound. Father Schoener, one of the world's greatest plant wiz ards, is called the successor to Lu ther Burbank. In youth he collect ed and classified plant specimens. When he ran out of plants, he began to invent new ones. His "little coal-black rose" is the 256th new rose variety he has developed. It is named for the late Justice Oliver Wendell Holmes, who collected $150,000 to establish the padre at Santa Barbara a few years ago when his work at Brooks, Ore., was destroyed by fire. Now Fathcf Schoener makes California soil pro duce giant rose trees, September cherries, gritless quince-pears, and 7 gold medals. He has developed so many different kinds of roses evergreen, thorn less, green, and even edible that he is known as El Padre de las Rosas the Father of Roses." CONSUMER ALSO NEEDS PROTECTION Portland, Oct. 21 (ffr The Ore gon state department of agriculture has as important a Job in the pro tection of the consumer as it has in the welfare of the producer, So lon T. White, director, told a ser vice club here yesterday. White said the department was constantly alert to discover and halt violations of laws designed for the protection of the buying public. He stated a grocery store adding machine was recently discovered with the bad habit of adding 10 per to the total of the customer's bill. Several gasoline station pumps have been caught 'chiseling." OBITUARY C'lakk Mccormick Macleay hMneral services were held Tuesday at the Shaw Catholic church for Clare Mccormick, who died at tht Veterans' hospital in Portland Satur day. Mccormick had made his home in this community for a number of yesrt. He was a World war veteran. While in service he was gassed. Bronchial trou ble recently contracted, combined with his weakened condition, caused his death. Survived by widow, Zoe Marie; two children. Mary Patricia and Terrence Edmond; two sisters, Mrs. E. Dor thy of Clio. Mich., and Mrs. E. L. Crandall of Punta Gorda, Fla. Inter- went was in Bclcrest Memorial park with Capital Post No. 9, American Le gion in charge. JAMF.S E. LYTLE Silverlon Funeral services for Jam es E. Lytle, 79, who died Monday, will be held from the Ekman Funeral horrm Thursday at 10:30 a.m. Rev. Frank W. Zook will officiate. Interment will bt in the Silverton cemetery. AI.Ht KT T, VINACKE Silverton Frank Wray and hit mo ther. Mrs. Lucy Wray. received a nini age telling of the death of Mrs. Wray brother. Albert T. vinacke. 73. Tues day morning at a sanitarium In Long Beach, Calif. Vinacke had visited fre quently In Silverton where he mad many friends. He was unmarried. A brother. Frank, of Hamilton, Mont., and Mrs. Wray, are the only survivors. The message stated funeral plans would be told In air mail letter to fol low during the dav. . REV. A1.I1KHT O. JOHNSON Wood burn Funeral services for R. Albert Otto Johnson, who died at his home at Broad acres Sunday morning, will be held at the Ringo chapel at 2 p.m. Thursday with Rev. J. L. Green or Hubbard officiating. Rev. Johnson was born In Wisconsin 67 years ago and had been a minister of the Church of God for 40 years. He was pastor at BroadAcres. Survived by his widow, Hannah: son, R. C. Johnson of Wahpe- ton. N. Dak.: daughters, Mrs. H. B. Erlrkaon of Huron, S. D., and Mrs. E. O. Brown of Smoot. Wyo.: two broth er. I. O. Johnson of Donald and Char les of Redfleld. S D. BIRTHS. DEATHS MARRIAGES Fruit At the rentdence In Spokane. T Oct. 20. James W. Fruit at the age of 73 years. Father of M. C. Fruit of Sa lem and I. L. Fruit of Spokane: bro ther of Charlie M. Fruit of McMinn vill. W. C. Fruit of Medford and Mrs. Frank Wheeler of Brooks. Funeral ser vices will be held from the W. T. Rlg don chap-1 Thurnday. Oct. 27. at 3 p.m. Interment Claggett cemetery. Gosjter At the Methodist Old Peo pl home. October 20. Lewis Casa flower, aged 88 years. Funeral services will be held Wednesday. Oct. 31 tt 3-30 p.m. from the W. T. Rlgdon com pany chapel. Interment at Citv View cemetery. Rev. Quigley will officiate. MARKMfiF l.irFSeF Fa A. Hallm. 30. attendant. IMS Market, and Margaret Helm. 39. at tendant, both Salem. Emil Sanrtau. 30. laborer. Fort Peck. Mont., and Amelia Salvia. 29, waltrest. 197" ? S. Commercial. Salem. AlprtoPM stuprei, legal, merchant, Mt, Angel, and Opal Oreen, legal, beamy operator. HoM River. Richard Watson. 23. student. Seat He. and Esther Dale. 19. housekeeper, Chemawa. Flwr Conrad Aarhus. 31. farmer, route 1. and Edna Overlund. route 2. bo Mvertop. Mbanv-. Robert F Hov-tt1 91 and Margaret Hill, 31, both of Laptnt. i
