The Bakersfield Californian from Bakersfield, California on February 7, 1933 · Page 11
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The Bakersfield Californian from Bakersfield, California · Page 11

Bakersfield, California
Issue Date:
Tuesday, February 7, 1933
Page 11
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THE BAKERSF*IEL1) CALIFORNIA**, TUESDAY, FEBRUARY 7, li :QJL*« MININGS DEMOCRATS LEND anno SILVER Test of Public Sentiment Is Suggested to Leaders of Party in House (Atsoelateit Preti Levied Wire) WASHINGTON, Feb. 7. — Democratic leaders were ready tonight to listen to arguments that tho House ' should test public sentiment on proposals to expand .the currency, through remonetlzatlon of silver. They were somewhat skeptical but . Indicated, however, that they would reserve, final decision pending agreement by the coinage committee on a -bill Chairman Homers would llko to bring to a. vote on the, floor. They agraed such a measure had no chance of reaching, the White House before March 4. Quick Vote Sought Regardless of the attitude of leaders, tho Idea of. some members that a silver meiisuro should be brought to a vote in tho House before the now .Congress moots was made increasingly 'clear today In the hearing be. fore the coinage committee. Representatives Cross and Dies, both Texas Democrats, said the need for some action to keep the United States • from losing its markets in the orient and Central and South -America was imperative. The uso of silver as a reserve for new currency, they asserted, would both Increase the purchasing power of that part of the world and give a needed expansion of the currency in the United States. .Dies vigorously dented the measure he proposed contemplated Inflation. Under his proposal, silver certificates Issued In payment for silver bullion would be redeemable In gold. Thus, 'he said, the sliver obtained for a dollar certificate always could be sold for a gold dollar. Argument summarized He summarized the arguments of silver advocates In this language: "We have, for more' than a year now, pat here and tried to adopt the remedies of big business. We have • merely Increased debts and the value of and the demand tor gold. "As we. all know, scrip—even wooden money—Is being issued in many communities to supply the need * for a circulating medium. Doesn't that convince any Intelligent man that , there Is a need for more currency?" Cross argued that while the federal reserve system under the present monetary standnrd "can wreck commodity prices, It cannot restore them." EXPECfii AT KETTM WELL North Kettleman OH and Gas Company, operator of tho LIHis-Welch No. 1 well on section 24, 21-16, at Kettleman Hills, evidently will try for a world's depth record In the deepening of that project for plans arc maturing which indicate the well will be sunk to 11,000 feet. The present world record for oil well drilling Is 10,585 feet, made by the Texpan Oil Company In Mexico, and the second best mark Is 10,296 feet, made by the Western Gulf Oil Company last year at Its Bradley No. 1 in the Santa Maria field of Santa Barbara county. Present bottom of the Llllls-Weleh well is 9935 feet. The 7-lnch casing has been cemented at 9670 feet and the water shut-off has been sanctioned by the state mining bureau. Weed Patch Area Will Be Given New Drilling Test TVTOHAWK Petroleum Company, outstanding producer nnd refiner of the Frultvale district, Is preparing :o make another invasion of the Weed Patch district south of Bakersfleld, and has staked location for a prospect driller. Tho project will be known n.9 tho Hood No. 1, and has been located Just 160 feet south and 150 feet west from tho east quarter corner of section 10, 30-29. The location falls approximately three-quarters of a mile northwest from the Shell Oil Company's Porter-Day No. 1, which was drilled on section 29, 30-29, and after producing for a "brief period, was killed without explanation by Shell officials. Shell's well, of the Ted Day and Porter noldlnat, was oontldered more or lets of a discovery when It flowed by heads at -a depth of B400 feet, and later was deepened to about 8420 feet and then abandoned. Leasing has been rather general in tho Weed Patch district lately. Shell, Taft Well Drilling Company and the A. T. Jerkins trust firm, as well ns Dana Hogan, representative of Petroleum Securities Company, have been busy In tho area picking up leases. Recently, a firm headed by George Hay of Bakersfleld prepared to drill a well In the Weed Patch district, but plans were suspended. Mohawk's new location Is considered to bo situated in a logical zone and drilling of the well will be watched with Interest. The firm has many producing wells at Frultvalo and has a roflnery producing quality gasoline which has made a name with motorists throughout the San Joaquin valley. Development of the Weed Patch district Is seen as a new move by Mohawk to obtain additional production for Its Frultvale refinery. CLUB ENJOYS AFTERNOON TAFT, Feb. 7.—Tho members of the Strongheart Club spent nn enjoyable afternoon at the home of Mrs. Eleanor Gordan, at 618 San Emldlo street. Cards furnished the entertainment for Mine Employe Hurts Leg and Teeth in Fall (Special to The CoHfornlan) MOJAVE, Feb. 7.—Wall* Crawford, mine worker at the Tropical mill near Rosamond, broke his left arm at the elbow and lost four front teeth Frljtay, when h« sllppad from a, settling tank and fall 12 f««t. He also suffered leg brulsss and minor scalp Injuries. Crawford was working on an 18- foot settling tank at the time of the accident. He fell to the bottom of the tank from a scaffolding. Secretary W. L the Bakersfleld I<andsborough, of Civic Commercial Association, monthly receives a report from Walter W. Bradley, state mineralogist, concerning Inquiries by producers and consumers, for mining properties throughout California which are for salo, or properties desired as purchases. This month's report by tho state mineralogists includes several inquiries from Kern county for properties and also details of others which are for sale. Further details may be obtained from Secretary Landsborough. His office is located in tho El Tejon building. . the afternoon nnd awarded as follows: prizes were Mrs. Frances Barnes, first in bridge; Mrs. A. R, Young, second; Mrs. Thelma McLucas, consolation; Mrs. Johanna Cook, first in pedro; Mrs. Vera Barnes, second, and Mrs. Olive Klrby, consolation. Refreshments were served at the card tables at tho close of the afternoon by the hostess, Mrs. Eleanor Gordon assisted by Mrs. Johanna Cook. P.)— MILLS COMING WEST WASHINGTON, Feb. 7. (U. Secretary of Treasury Mills today said that he would leave for a long vacation to California nt the termination of his office on March 4 and If possible would make the trip west with President Hoover and his party. HOSTESS AT TEA TAFT, Feb. 7.—Mrs. Charles HIrsh entertained recently at her homo at 318 Lucnrd street, at a bridge 'tea given for the benefit of tho lunch fund of the Taft primary school. It is tho object of the Tnft Primary Parent Teacher Association, which Mrs. HIrsh represents, to give a series of these partlea to help tho worthy cause. Mrs. H. Dnbrlng was winner of first prize and Mrs. H. J. Nellson won second award. .Twenty guests shared Mrs. Hirsh's hospitality.' • » » ' FROM NEW YORK TAFT, Feb. 7.—Mrs. Jennie Dunbar Hall has as her house guest for an indefinite time. Miss Belle D'Arcy, well-known actress of New York City. Mrs. Hall and Miss D'Arcy are old- t'lmo friends. Miss D'Arcy played in support of Lumsten Hare,' star of "So This is London" nnd will bo remembered by many who saw the original east when the play was given In Bakersfleld "several years ago. BRITAIN'S OFFER INTERESTS Hi Silertcc Is Maintained as to Two Billion Lump Sum Debt Proposition {Continued From, rage One) taneously with tho arrival of Sir Ronald Lindsay, British ambassador to the United States. Sir Ronald came here for tho express purpose of enlightening tho British cabinet on tho debts views of President-elect Roosevelt, with whom ho talked recently on plans for the forthcoming debt conference in- Washington. A new development today was tho information that Sir Ronald would not return to Washington for three weeks. It was-thought at first he would hurry back to Washington at the end of this week. This revived the possibility ho himself would bo a member of the British commission. Less Than Half Due U. S. Tho proposal for. an Immediate settlement of the debt, as explained In well-informed quarters, Would mean an offer of outright payment of $1,260,000,000 to $2,000,000,000. The present outstanding debt Is about $4,302,450,000. Great Britain has paid $2,007,348,298, most of this before the 1923 British debt commission obtained the now funding agreement under wHlch $4,600,000,000 was to be paid over a period of 82 years. This plan would be literally In lino with the declaratibn of Neville Chamberlain, British chancellor of the ox- chequer, who asserted that any agreement reached with the United States must be final. Sell Bond* In U. S. A flat payment could bo financed by flotation of British government bonds in the United States, thereby avoiding the immediate transfer of a large sum to the United States. The financial editor of The London Herald declared it was almost certain that tho loan In the United States would bo raised to make one final payment. Tho plan, would be United States, proceeds, under the handed over to the with Great Britain being responsible for Interest sinking fund payments. « . « and STOCKS AND DIVIDENDS f Annotated Press Leaied TV<r«> NEW YORK, Feb. 7.— Sooony -Vacuum Corporation today declared a dividend of 10 cents a share, similar to tho payment made In tho last quarter, payable to stock of record February 17. DOWNWARD TURN ATS.F. $1,053,625 Profits for 1932 Reported (Aseoclated Press Leased Wire) CHICAGO, Feb. 7.—A net protlt of |],OB3,625 for 199Z was reported today by M. H. Karkor, president of the Jewel Tea Company. Karker said that while the profit included provision for taxation, depreciation and reserves, it did not Include a $210,442 loss Incurred by Jewel Food Stores, Inc., nn affiliated concern. The profit provided for an earning of $3.78 a Bharo, he said, as compared to $4.87 a year In 1931, when tho net profit was $1,363,780. Market Value of Shares Increasing (Associated Press Leased V?(re) NEW YORK, Fob. 7.—Tho market value of all shares listed on tho Now York Stock Exchange aggregated $23,073,194.091 on February 1, compared with $22,767,636,718 on January 1, the exchange reported today. The average value was $17.71 against $17.36 on the earlier • dote. . Total borrowings of member firms against collateral on-February 1 were .1.56 per cent of the total market value of listed shares. Thin ratio was 1.52 per-cent on January 1. « • » TREASURY RECEIPTS WASHINGTON, Feb. 7. (A. P.)— Treasury receipts for February 4 were $6,521,869.71; expenditures, $13,799,- 4'u.37; balance, $432,821.892.71. toms duties for four days of ruary were $2,803,716.78. Cus- Feb- (Continued From Page Four I P. T. A/ACTIVITIES T HE regular meeting of the Mc- Klnley School P. T. A. will be held Wednesday afternoon at 3:30 o'clock \n tho music room. After a short business meeting conducted by the president, Mrs. C. W. Llghtner, a Founders' day program will bo given with Mrs. W. A. Snare and Mrs. I/oralne Penlck In charge. At the end of the program refreshments will be served and a social hour enjoyed. Everybody will be welcome. Press Leased Wire,) TULSA, Okla., Feb. 7.— Dally average crude oil production in tho United States last week Increased 17,091 bar. rels, totaling 2,031,140 barrels, .the Oil and Gas Journel estimates. Oklahoma accounted for tho gain, tho state's output Jumping to 387,480 barrels from an average of 370,235 barrels the preceding week. An Increase of 5868 barrels In Texas production, bringing that state's yield to 812,140 barrels, was offset by declines In other areas. East Texas production remained virtually unchanged at 297,718 barrels. The preceding 'week's figure was 297,734. California, production totaled 465,000 barrels, down 5000. Eastern fields declined 2000 barrels to a total of 109,000. ' while the Rocky mountain area showed an Increase of 597 barrels with an output of 76,187. Kansas produced 96,310 barrels, compared to 94,225 the week before. Report Gas Output of WestJCern Well Niitural gas output at Belrldge Oil Company's new producer, the No. 20-36 on section 35, 27-20, Is estimated at 6,000,000 cubic feet daily. The initial crudo oil output runs about 2300 barrels dally. The oil Is 40.2 degrees gravity and cuts less than 2 per cent. Depth of tho well Is 5432 ' feet. Th« producer Is the fifth deep well for Belrldge in ' tho far western Kern district. The 5,000,000 cubic feet of natural gas dally from the new well boosts the company's flow for Its five deep producers well beyond the 20,000,000. cubic foot mark. Oil Agreements Franklln P. T. A. will meet Wednesday afternoon at 3 o'clock in the school auditorium. Herbert Healy, county superintendent of schools, will give a talk on legislative measures relating to the schools. Tho fifth grade will present a. patriotic play, under the direction of Miss Eva Jenkins. A short program has also been planned In memory of tho founders of the Parent Teacher Association. A candlo lighting ceremony will be observed, and a skit in honor of Founders' day will bo presented by tho Mothers' chorus. Mrs. B. C. Enyar will glvo a brief resume of the history of the Franklin P. T. A. Parents and friends are Invited to be present. RIO BRAVO, Feb. 7.—Founder's day was observed at the regular meet- Ing of the Rio Bravo P. T. A. Friday evening nt tho local schoolhouse. A pageant, Illustrating the beginning of P. T. A. was given by Mesdames E. B. Suydam, R. E. Newman, D. O. Moore, Floyd Sears, F. J. SchlerU man and W. B. Wilson. Mrs, Andrew Hancock, seventh district P. T. A. president, talked on Legislation." Following a short usInosK session presided ovor by Mrs. Floyd Sears, vice-president, tho following program was presented: Song, "Dolly's Lullaby," by Mary Holla and Rosalyn Sears; two songs, "Elf Man" and "Little Rabbit," bjj the primary pupils; two patriotic songs by the upper grades, "Rockaby Moon," by little Patsy Prltchard of the Standard pump station: song, "The End of the Road," by pupils from the Munzor school. Coffee and ctfke were served. Roosevelt P. T. A. will observe Founders' day on the regular monthly program Wednesday afternoon at 3:10 o'clock, Mrs. Hugh Smith, past BUCK ROGERS, 2433 A. D. president of Roosevelt Association, will make a short talk In commemoration of those who launched the P. T. A. movement. Mrs. B. Morrlsh, hospitality chairman, will have charge of the candle-lighting ceremonial, and will preside over tea and the social hour following tho prggram. Mrs. J. N. Cheney will preside and conduct the business meeting. For tho benefit of those who bring small children, a competent woman will bo In charge on tho playground. TAFT, Feb. 7.— -Lincoln Parent Teacher Association will meet on Wednesday, February 15 In the auditorium of tho grammar school. Tho study circle, conducted by Mrs. Mable Marshall, which usually follows tho regular business meeting, will precede the meeting this time. This year's program, under the supervision of Mrs. Ruth Hodgson, will be In tho form of a pageant with a new method of explaining the candles and lighting of tho candles on the cake. . Refreshments will bo served in the domestic science co'oking room. Hawthorne P. T. A. will moet Wednesday afternoon, February 8, for their annual business mooting, at 2 o'clock, In tho school auditorium, with Mrs. J. R. Robinson, president, conducting the business. Following the business meeting, a trip will take place out to the Peacock dairy farm. A good attendance will bo appreciated, Mrs, Robinson said today. Founders' day will be observed by William Penn P. T. A. Wednesday afternoon at 3:15 o'clock. Thero will be a candle-llRhtlnir ceremony In charge of past presidents of tho organization. Mothers of second grade children will act us hostesses. A cordial Invitation is being extended to all. Longfellow P, T. A. will hold Its regular meeting February 8 In the kindergarten building. Tho study circle under the leadership of Mrs. Meta Sheldon, will meet at 2 o'clock, followed Immediately by a regular meeting. A special program has been planned for Founders' day. The grandmothers hi the group have charge of tho social hour. perlences Interpreted In terms of different personal and national attitudes." She described the English and Chinese characters as convincing, but tho American and French much less so, in fact "manufactured on standard specifications." Tho plot is unimportant, centering as It does around what happened to a group in a Peking legation, the individuals being sharply contrasted against their environment. It follows the pattern of novels of International situations, being richly colored with sophistication, Chinese civil wars and bandits, but is. adroitly written with a sensitiveness to the setting. Ann Bridge's imagination responds to the beauty as viell as tho squalor of the locale, she Said. Fair Review That tho author makes "twists in conduct seom straight" was one of the observations of the reviewer; sho drew her hearers in rapid succession through tho "jests and suffering, spiritual and physical, of an almost theatrical world," and stimulated them to wish to read tho novel (an Atlantic Monthly prize book) at the same time aho was fair in exposing its flaws. Tho leading a middle- aged English woman, Laura LeRoy. "Miss Bridge presents her with her heart alternately In England and China, and her body always where her heart Is not. The book closes with her back in Peking, dreaming of Ox- fordshire," the reviewer concluded. Sho road wisely selected excerpts to Illustrate.the author's stylo, and philosophy and pigeonholed the book In the "adult reading- class." Her comments, like those of her predecessor, were original and witty and her offering much applauded, Mrs. Herman A. Spindt and Mrs. Edwin J. Symmes will review books March 6. WINS COLLEGE HONOR TAFT, Feb. 7.—Miss Marlon Pond, daughter of ^fr. and Mrs. Harry Pond of La county Panza and a in San graduate Luis Oblspo of the Taft Union High School with the class of 1930, Is tho new president of the Associated Women Students at the, Chico State Teachers' College at Chlco. Miss Pond has many friends among tho younger • set of this district, gained through her attendance at the local school. Hor brother, Jack Pond, Taft Wildcat football star, Is also well known here. He was graduated from Taft High with the class of 1932. WOOL SOLD AT AUCTION LONDON, Feb. 7. (A. P.)—There wero 6700 hales of wool offered at the auction today, of which 5900 wero sold. Tho homo trade purchased the bulk of tho small supply offered which dompriscd moderato selections at current rates. Somo withdrawals were evident among medium greasy crossbreds and medium scoured types. $8,000,000 LOAN ASKED WASHINGTON, Feb. 7. (U. P.)— The Chicago, Rock Island & Pacific railroad today asked the Interstate commerce commission for authority to borrow $8,000,000 from the Reconstruction Finance Corporation. .» . » PROFIT DECREASES NEW YORK, Feb. 7. (A. P.)—Me- Call Corporation reports 1932 no profit of $1,163,308, equal to $2.13 1 share against $1,603,185 or $2.90 a share in 1931. 4 . » CHICAGO LIVESTOCK CHICAGO, Feb. 7. (A. P.)—Hogs- Receipts 18,000; storm market; unevenly 25©35c higher; packing sows fully 15c up; good to choice 170 to 210- pound, $3.85@8.95; top, $4; 220 to 250- pound, 3.70@3.90; 140 to 180-pound $3.76@3.90; packing ROWS, J8.0003.16. Cattle,—Receipts 7600; steers and yearlings, $4.00@6.60; lower grades predominant; early sales steady to strong; light steers and heifers am butcher heifers selling at $4.25 downward; most cutter cows $2.26 down fat cows, $2.40©2.75; bulls firm, up to $2,S5 for weighty sausage offerings vi'Hlers, 25©50u higher, to $8; genera run selling at $C@7. Sheep—Receipts 2300; strong to 26c higher; native lambs, $6.25 and above GOVERNMENT BONDS NEW YORK, Feb. 7. (A. P.)—Liberty bonds closed today: 3Hs, 32-47, 103.13. First 4Us, 32-47, 102.23. Fourth 4Us, 33-38, 103.12.. Treasuries: 4Hs, 47-52, 110.25. 4s, 44-54, 106.22. 3?4s, 40-56, 105.4. 3%s, 40-43, June, 102.19. 3%s, 43-47, 102.20. 3-%s, 43-47, 102.16. 3%s, 41-48, March, 102.19. SHs, 46-4S, J19.31. 3s, 51-5G, 98.19. LOS ANGELES LIVESTOCK LOS ANGELES, Feb. 7. (A. P.)-— Hogs—Receipts 100; steady to slightly higher; 204 to 235-pound truck-Ins $3.40S'3.80; quotdblo top around $4. Cattle—Receipts 400, holdovers 326 fairly active, generally steady. Medium to good steers, $4.00Sj>4.85; good heifers, $5; plainer kinds, $4.15 down common to good cows, $2.75@3.60 cutler grades, $1.50<8>2.66. Calves—Receipts 150; strong; bulk $4.25®5.25. Sheep—Receipts none; good to cholc lambs quoted $5.2508.00. SAN FRANCISCO LIVESTOCK SOUTH SAN FRANCISCO, Fob. 7 (A. P.)—Hogs—Receipts 700; good un der 200-pound California and Inter mountain butchers $3.60<J?3.85; packing sows $2.50@2.75. Cattle—Receipts 125; fairly active steers predominating; about steady medium 943 - 856 - pound Callrofnla Idaho and Nevada long yearling!) am steers $4.25<fj>4.36; common 803-!)83 pound Idalios $3.50<ff 3.75; medium cows $3.00; cutter to common "dairy 1 type $2.00; bulls to $3.50. Hheep—Receipts 750; slow, Iamb steady to 15-25c higher; good 98-pouni wooled Utah lambs $5.50 straight; gooi to choice 90 pounds down to $6.00. Steady Somewhat, However, After Soft Opening; Volume Light (Associated Press Leased Win) SAN FRANCISCO, Feb. 7.—After easing a little In the opening hours, itock prices steadied somewhat here oday but most of them sold below heir previous close. Volume was Ight. Pacific Telephone, opening down i at 769», recovered to 76V4. off •4 from yesterday. The preferred dipped Hi Coast Counties Gas pro- 'erred lost H. ' Bank of California waa up 4% to 185, Los Angeles Gas preferred gained H to 97 and El Dorado Oil added % at 11. Caterpillar, Associated Insurance, Shell Union Oil, Pacific Gas s, Transamerlca nnd others held steady. Curb quotations firmed a little after an opening downward swing. American Telephone reached 100, up a point 1 from yesterday, and Qonornl Motors ndded }4 to sell at 13. Universal Consolidated Oil rose 20 cents to $2.25 and Idaho Maryland Mines added a nickel at $2.06. Occidental Petroleum lost B cents to 50 cents and Southern California Edison made a new 1933 low at 26*4, off H. •> • » BRIGHT SPOTS IN BUSINESS (United Press Leased Wire) NEW YOR.K.—Improving employment conditions In tlto textile nnd lothlng trade were reported today by he textile and clothing Industries harc-the-work committee. YOUNGSTOWN, Ohio. — Republic Steel Corporation stepped up Its out- )ut to 91 per cent, of capacity, tho ilghest rate since July 1, 1932. DETROIT.— Building permits Is- ued in Detroit during January totaled 228, with costs of $181,847, against 201 permits and costs of $120,192 In December. CHICAGO. — Porker Rustproof Company declared a dividend of 62H cents share on tho common stock, compared with 50 cents paid three months ago. DAYTON, Ohio. — Domestic sales of .he National Cash Register Company during January wero the largest In hroo months. S. F. Stocks (Associated Press Leased Wire) SAN FRANCISCO, Feb. 7. Stock— California Packing Caterpillar Tractor "'ons. Chemical "A" Crown Zell. Preff. "A"... Crown Zell. Preff. "B"... Fireman's Fund Ins ........ 41 Leslie Calif. Salt ........... 13 L. A. G. & E. pfd ......... 96 North American..... ...... 4. P. G. & E. com ............ 28 P. G. & 15. 6% 1st pfd ..... 24% P. G. & E. fiVj% 1st pfd... 22 Pacific Lighting com ...... 35% Pac. T. & T. com ......... 7(i V4 Pac. T. * T. pfd .......... 108tf Shell Union com ........... 4 Southern Pacific ........... 1794 17*S S. P. G. G. "A" ........... 6 0 S. P. G. G. "B" ........... 3 Standard Oil of Calif ...... 23U Tidewater pfd ............. 41H Transamerlca .............. 4T4 Union Oil of Calif ......... 10 Western Pipo com ......... 6% 5>4 23% 44 5 L. A. Stocks (United Press Leased IVirt) LOS ANGELES, Feb. 7.— Industrials Stock— Bid Asked Byron Jackson Pump l^J Claude Neon Electric 7 Douglas Aircraft 'II Emsco Derrick com 3 Goodyear T. & R. pfd 25 Taylor Milling 4tf Van do Kamp 5 Western Pipe & Steel 6 Banks Citizens Nat. Bank 3t*i Sec. First Nat. Bank 43' Miscellaneous L. A, Investment Co 1% Pacific Flnanoo Co 5 Pacific Mutual Life 20 Transamerlca 4»i Western Air Express 13 Public Utilities L. A. G. & El. pfd SOU P. G. & E. com 27?i P. G. A E. 1st pfd 24 H 'Pacific Lighting com 34% S. Joa. L. & P. 6% pfd RO So. Calif. Edison com 24V4 So. Calif. Edison 7% pfd... 27 So. Calif. Edison 6% pfd.. . 23% So. Calif. Edison 5HTo pfd. 21% So. Calif. Gas 0% pfd 23>>4 Southern Pacific 171.4 Olli Barnsdoll nw Bolsa Chica \ «i Pacific Western sU Republic Pe'to l*i Richfield Oil % Richfield Oil pfd t,& Standard Oil of California. 23 Union Oil of Calif 974 lOtfi Citrus Market (Associated Press Leased Wire) LOS ANGELES, Feb. 7.— Early re ports from eastern and middle western auction centers today gave the following prlco range per box: Oranges Graded Above 12 4 27 5 9',4 42% 5% 26Mi 4% 14Vi 97H 28',j 25 35% 25 27 24 '4 22 17% 4 iu PLAN DINNER DANCE TAFT, Feb. 7.—Taft Bethel No. 38, Job's Daughters, -met Saturday evening in the Masonic Temple at which time Mrs. Pauline Wright, deputy grand guardian; made her official visit to the bethel. A large class was Initiated and Mrs. Wrlghl was presented with a gift from tho bethel. Plans were made for a dinner dance to be given March 4. Refreshments worn served after tho meeting. Honored Queen Barbara Montlgol presided ut the meeting. ' * New York .. Boston Chicago Philadelphia PlttKburg ... St. Louis .... Baltimore ,.. Detroit Now York .. Boston Chicago Philadelphia Plttsburg ... St. Louis ... Baltimore ., Detroit Cholco 2.36ifl>2.90 2.55^3.05 2.7Bif(>3.00 2.riO(!Ji2.RO 2.7B<8>2.96 2.95 Choice $2.10<fi>2.2 1.80«.2.1 2.16@2.3. Lemons Graded Above Choice $2.450)3.90 .... 4.65i?r4.76 3.60^)4.65 3.30 .... 3.10 * ,...'4.00 m .... 2.30 .... 4.05 2.35@2.4 2.'25@2.4 Choice $2.30®2.95 3.90 2.RO@3.0' 2.85 2.80 2.75 1.65 3.30 CHANGES FEW ON IRKEIATN.Y: locks Drag Along on Level Plane; Trend Not Manifest Net Earnings Show Decrease for 1932 (Associated Press Leased Wire) CHICAGO, Feb. 7.— Household Finance Corporation and subsidiaries reported $3,045,230 not earnings for ;ho year 19S2, compared with $4,164,608 in 1931, equivalent to $4.29 a common stock sham after providing $5 a share on the preference stock, against $4.99 In 1931, The company announced tho purchase of tho Central Finance Corporation of Toronto. Household finance now has 154 offices in 95 cities. Cotton Futures (Associated Press Leased Wire) NEW YORK, Fol>. 7.—Cotton ad- vanned today on covering and trade buying Influenced by reports of con tinned light offerings from the south and unfavorable weather for early crop preparations and tho movement. May sold up to 0.13 or 9 points nol higher and 28 points above, yesterday's low. The mid-afternoon market was within a point or two of tho best at net advances'of 7 to 12 points Cotton futures closed stonily, 5-9 higher. It arch 6.97(jJ>5.»8; May fi.10 July 6.23; October 6.43; December 6.55 January C.OO. G.OD. Spot quiet; middling NEW ORLEANS COTTON NEW ORLEANS, Feb. 7. (A. P.)— Spot cotton closed steady, ti points 70. Sules 1464; middling G.M. COFFEE MARKET NEW YORK, Feb. 7. (U. P.)— Coffee: Rio 7s on spot, S r ;sc; Santos 4s, S^c. LOS ANGELES PRODUCE MARKET LOS ANGELES, Feb. 7. (U. P.)— Fruits and vegetables found modorot demand on this morning's' nmrke with few prlco changes, from yes torclay, Davenport artichokes, }3.25(ff3.50 i box; Arroyo Grande and Salinas, $3,0 (0)3.21;; frosted, $1. Looso Avocados: Fuerles, 18@20c PiiobhiH, 15@17c. Davenport Brussel sprouts, 7@10i a pound. Local Cannonbnll cabbage, 40<jJ<50c pointed, 30®35c; Arizona Cannonball 40i8>50c orate. Local pearl cauliflower, 40©50c pe field crate. Venice celery, half crates and heart In pony crates, 40<g)50c; Long Beach C3fj'75c; best Chulu Vista, half crates 75<&90o. Coai'hella valley eggplant, $1.00© $1.50 box. Grapefruit, Imperial valley marko park, unwrapped, 64s to 100s, Jl.OOif 1.25; fancy package Coachclla vallu; 64s, f3.OOiJ3.LTi; market, puck, un wrapped, 04s to 100s, $1.25ii?)l.uO. Imperial valley dry pack lettuce 4-dozens, $1.00^-1.86. Peas; imperial valley, poorly flllod 9 iff lie pound; Couchalla valley Admi ruls, SgjlOc. San Diego county Italian squash $2.0002.50 lug. Sweet potatoes, Jerseys, 40®60c Nancy Halls, 75®85c. Tomatoes, Imperial valley and Coa chella valloy, 4-lmsket mites, $1.505" 1.75 on Id-top, $2.00(^2.25 on 12s am ti.3Gff2.fiO on 3-toiiN. CHICAGO GRAIN CHICAGO, Feb. 7. (A. P.)— Uncor talnty ns to whether In view of botte nnow protection tho United State winter wheat crop would bo serious! damaged by cold tended to make grul prices average lower today. Speculative trade In wheat wn much less active than of lain, cxpui demand for North American when wan also relatively slow. • Wheat cloned easy, unchanged t •""li! lower, compared with yesterday' finish, corn unchanged to unchanged to %c up and at 7c to 15<-- advance. off. oat provision LATE BULLETIN NEW YORK, Feb. 7. (A. P.)— Stocks tilted upward moderately In the late trading today after moving on a level plane during most or the session. The market was ngaln quiet. Transfers approximated 600,000 sharer (Associated Press Leaned Wire) NEW YORK, Feb. 7.—Stocks dragged long on a level piano In today's market. Tobaccos again softened In spots, ind thoro was a little more proflt- aklng In the gold mining Issues, but in tho whole, pdce changes were neg- iRlblc. General Motor*' regular dividend had been too widely expected to prove an Important market factor, al- hough tho stock rose a fraction. Socony Vacuum advanced fractionally, In response to Its regular dlvt- Jond, but other oils were barely Changed. Rails were mostly steady to firm, with tho exception of Union Pacific, which reacted nearly a point. Tho recently heavy utilities showed some signs of short covering, Public Service of New Jersey gaining a major fraction. 57 T» 100<>4 3* &2Vi 64 C 7*r BAR SILVER NEW YORK, Feb. 7. (A. P.)—Bar silver easy, -He lower at 25Ho. CHICAGO, Feb. 7. (A. P.)—Whea no Kales; corn, No. 3 mixed, ilS^ie: No 2 yellow (old), 25',4a; No. 3 yellow 23VHf<Mc; No. 4 white, 22*i 'u 231;c oats, No. 2 white, 17c; No. 3 white. 16V4<S | i6 : )4e; rye, no sales; barley L'O 'Q)26c. FOREIGN EXCHANGE NEW YORK, Feb. 7. (A. P.)—Foreign exchange easy (Great Britain In dollars, others In rents!: Great Britain, demand, 3.42*^; cables, 3'.42}i; 60-day bills, 3.41 «t. Franco, demand, ".fiu%; i-ublnp. 11-18. Italy, B.ll: cables, u.ll« 2 . Demands: lielglum, 18.!H; (Jcrninny, 23.7«; Holland. 40.19; Tnklo, 21.25; .Shanghai, 28.37V4; Hongkong, 21.94; Montreal, R4.12VS; Mexico City fsllvi-r peso), 29.40. Mysterious Projectiles By PHIL, NOWLAN and LIEUTENANT DICK CALKINS tf. B. Hanna et ux to J. R. Dorsey Assignment of 8 per cent of oil and gas, etc., produced from south, half of south half of northeast quarter of section I, 28-28. A. J. Fulton to Henry J. and Omer F. Ernster—Assignment of 5 per cent of all minerals, etc., produced from placer claim located on Kelso Creek In Kern county beginning at point 1200 feet southwest of county road, crossing, thence running upstream 1500 feet in a southwesterly direction, being 000 feet In width, In section 33, 8S-34, J..Fulton to IiYmik [., Franman and J. J. Branovluk-—Alignment of 10 per cent of minerals produced from enmo ' r.u above. • ' WE WAD CAPTURED URBOX KfcUsR KAMC AHt> \WETOW6D, RALVZED AMD S, BEHIND OS AS we WASHED SOUTHWARD ovw? DAVW st*Arr wrru AMD OUR 8UTIUAOA SGMTTWIMG 60IM& To HAPPEN. COPYRIGHT JOHN F. DILL NCO.U.». f»T. Off Ulife tuew- Vs COWM& 'UP our «? w» WAA6AIW.' \ V '"*•--, New York Close (United Press Leased Wire) NEW YORK, Feb. 7.— Railroads iVtchlson 43U Baltimore & Ohio ' Chesapeake & Ohio Erie Illinois Central Missouri Pacific 2(i New York Central Northern Pacific..., „ Pennsylvania is Southern Pacific ».v. 17 Union Pacific 73 Great Northern pfil u Industrials iVnierlcan Can American Tel. & Tel Uordcn Cities Service .',".'.'.' Columbia Gas Consolidated Gas Com Proiluct.s.................... Curtlss-Wrlght Li'amoUH Players «i General Electric 13i£ General Foods 23ii. Gold Dust 14V Goodyear Tiro and Rubber 12 International Harvester 20U International Tel. .t Tel ti'u Montgomery \Vnrd r. 12' 8 North American 20 Pacific (ins Electric 28»J Radio Corporation 4i 4 Safeway Stores 3'jA Soars-RoebUfk 18>i U. S. Rubber 3*j| Union Carbide. & Carbon 2:> r 's United Aircraft 23-% Warner Urothors lu Western Union 22~B WestlnghoUBo Electric' 2?i.. Woolworlh 33 ~ J. C. Penney 24 T « Transnniorlca 4'i First National Stores Clii, .lohns-Mnnvllle 19 Caterpillar «&., Metals American Smelting 12V. Anaconda u Uelhlehom .Steel Inspiration Copper International Nickel Kunnecntt Copper,............... s 7 , U. S. Steel..... .......' Vanadium Steel Tobacco and Sugar American Sugar American Tobacco "A" American Tobacco "B" American Sumatra Great Western Sugar , R. J. Reynolds "B" United Cigars Oils Mexican Seaboard Oil \. Phillips Petb ; Shell Union Sinclair Cons. Oil gt'J Standard Oil of Calif 24ii Standard Oil of N. J 25 T i Standard Oil of N. Y 6*i Texas Company 12V. Tidewater Associated (new) 31^ Motors Auburn 42^i Chrysler Corp'n isu General Motors 13L Hudson Motors 414 Packard Motors 2Vi Studelmker Corp'n 37;, Tlmken Roller Bearing 15^. . Equipments Baldwin Locomotive - 5U General Tank 177^ Stewart Warner 3^ L. A. BUTTER, EGGS, POULTRY LOS ANGELES, I-'eb. 7. (U. P.)— Butter Prime, IS.;; prime firsts, Iflc; standards, 16c; firsts, 15c. Eggs Large—Clean extras, 16e; light dirty extras, 15V4c; clean standards, 15c; light dirty standards, ]5o; i-liecks, 14c Medium—Clean extras, He; light dirty extras, Me; clean Ntmulards, 14c; light dirty standards, lie: checks, 14o. Small—Clean, 14i-; light dirty, 14c. Poultry and R.ibhits Hens, Leghorns, 1!U to :;"', Ibs. 13o. Hens, Leghorns, 3'i Ibs. up, 12c. Hens, Leghorns, 4 Ibs. nnd up, 12o. Hens, colored, 3',4 to 4 U.S.. I5c. Hens, colored, 4 Ibs. ami up 16c. Broilers, 1 to lyi Ibs., );V. Broilers, lu to §'/J Ibs.. i:.... Fryers, Legliorns, 2\i t.. ;; Ibs., 140. 1'ryers, colored, 2'i to :;i 3 Ibs., 17o. Roasters, soft bone, S 1 ^ Iba. up, 17o. Sings, I3c',- old roosters, Sc. Hiu'kliiiBK, l'.»l:ln, 4 lbn. and up. Ho. ntlier than pi.-kln, I Ibs. and up, lOo. Old ducks, lur. iicese, ]2e. Young loin turkeys, 13 Ibs up, 13o Young loins, dressed, 12 Ibs. up, 16c. Hen turkrys, 9 Ibs. and up, 13i'. Hen turkpyx, dressed, 8 Ibs. up, 16o. Old torn turkeys, l^r; dressed, 15c. Squitbp. tincliT II Ibs. ilozem, 16e. Hnuabs, 11 Ibs. (In7.,'n and up, 20c. . Capons, Hvo, under 7 Ihs., ISo. Capons, livo, 7 lb.s. and up, '-Op. t'npons, drnssfil, under 6 Ibs.. 2.V. Ciipnns, rlrej s.-d. '!-|bf. »nd up. !!3o Ttnblilts-, No. 1 -whiff, " to 4 Ibs., 9c. K.-iblillf. No. •• white, 3 to 4 Ibs.. 60. No. t, inl-.-ecl onlors, 3 to 4 Ibs, 5c linbbil.s No. !, old, 5c. METALS MARKET NEW YORK. Feb. 7. (A. P.)—Copper quiet; electrolytic spot, 5c; future. 6'ii-. Tin steady; spot and nearby, |2.l.7ii: future, $23.85. Iron quiet, iini-li.-iiiKeiJ. Lend dull; spot New- York, J3; Hast St. Louis, $2.S7. Zinc barely stendy; East St. Louis spot and future, JL'.7n. Antimony, $5.80. Quicksilver. $4!i®60. _'.i 54V 15 U B'i | 1 I Los Angeles Hay | j <k ,; C/t«aoci(ifcd 1'reaa Ltated Wire) LOS ANGELES. Feb. 7.—Hay, V*r ton, f. ci. b. Los Angeles: Choice barley, $12.50©!".DM. Choice oat, $13.50<j}114.50. Alfalfa, delivered (Hynos or El Monte); U. S. No. 1, $12tl1B. 1°. S. No. 2 leafy, $11.. r '0<j' 12.00. U. S. No. 2. JlO.uO^U.uO.

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