The San Bernardino County Sun from San Bernardino, California on January 9, 1941 · Page 17
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The San Bernardino County Sun from San Bernardino, California · Page 17

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WallS NEW YORK, Jan. stock averages: 8. Dow-Jones Net Open High Low Close Change 30 Inds 132.91 133.74 132.35 133.02 unchg. 20 Ralls 28.42 28.98 28.38 28.78 up 0.39 15 Utlls 20.11 20.16 20.01 20.08 up 0.01 BONDS 40 Bonds 91.26 up 0.22 10 1st Rails 95.84 up 0.09 10 2nd Ralls 61.53 up 0.95 10 Utlls 109.84 up 0.01 10 Inds 107.81 oHO.18 Sales used In today's averages: Inds 88,300 Balls , 56,400 Utils -r. 33,700 By MAX L. BROWN (United Press Correspondent) NEW YORK, Jan. 8. Stocks advanced Irregularly today but trading held at a slow pace as Wall Street took time out for an appraisal of President Roosevelt's $17,-685,000,000 budget message. Financial operators viewed the president's message as highly inflationary but refused to be stampeded Immediately into any major buying move. MODERATE DEMAND Moderate demand came into the market and pivotal shares moved up a point and more, but caution quickly reasserted itself and most Of the gains were eliminated at the close. Rails were a strong exception on the late sell-off. Commodity and bond traders appeared more "inflation - minded." Cotton futures advanced as much as $1.55 a bale to new seasonal highs and maintained gains ranging to $1 a bale at the close, while Santos coffee and cottonseed oil deliveries also touched new seasonal tops on wide gains. Other staples improved Xnoderately. SEE HIGHER PRICES Bond trading swelled to $14,160,- 000, most since Sept. 27, 1939, as domestio corporation issues rose fractions to more than 2 points Under lead of rails. Foreign dollar Ibans also firmed, but U. S. govern frent obligations countered the trend with losses extending to more than point. Wall Street opinion tonight leaned strongly to the belief that today's budget estimates would, in the long run, make for sharply high- tr security prices. The president's expressed opposition to financing the entire defense program on a "pay-as-you-go" basi3, coupled with his recommendation that all statu tory limits on the federal debt be removed, was, in the words of one commentator, "so inflationary it scared us." Railroads Stock HighLowClose Atchison Baltimore & Ohio Chesapke & Ohio Erie Great North pfd .. Illinois Central ... N Y Central Northern Pacifio . Pennsylvania 20 19 20 3l 3 3 43 I 42 42 1 15161516 27 25 26 7 I 7 7 14 I 13 I 14 V 6 6 6 23 22 23 (Bv Associated Press) WASHINGTON, Jan. 8.-The justice department announced today the arrest of Jwan J. Tomadelli, known in Washington also as Count Tomadelli, on charges of mall fraud Involving more than $500,000 allegedly obtained from New Jersey businessmen through representations that he had a process for making heatless light known as "bottled unehine." A statement by the department said that Tomadelli "also obtained large sum3 through false representations concerning a group of paintings in his possession which were alleged to be old masters," and that be had used the names of many persons prominent in official life, "none of whom, however, were actually connected with Tomadelli or knew anything about his operations." Tomadelli was arrested last night, the department said, at "his luxurious suite" which he had occupied for some years. The statement did not name any of the persons said to have been victimized, but said that Tomadelli had been talking "bottled sunshine" since 1923. The complaint alleged specifically that he had used the malls in obtaining money under false pretenses. Saturday Closing of Banks Asked in Bill (By United Press) SACRAMENTO, Jan. 8. A bill to require all banks to close on Saturday was Introduced In the assembly today by Lee T. Bashore of Glendora. The Saturday closing now is optional under terms of a bill passed by the legislature at the 1939 session. Bashore explained that he Is In favor of all types of business closing down on Saturday and that he believes "this la a good place to start." IN HELD Full FRAUD GHfFIGF Southern Pacifio .. 8 8 8 Union Pacifio 81 80 81 Takes Industrials American Can 92 91 92 Amer Tel & Tel ...1168 167 167 Caterpillar Trao ... 497a Cities Service 4 Columbia Gas 4 Consolidated Gaa . . 22 49 4 4 22 38 46 9 6 49 4 4 22 38 Continental Can ,. 40 Corn Products .... 46 Curtiss-Wright ,... 9 Fox Films j 7 46 9 7 34 39 General Eleo I 34 34 General Foods .... 39 Hecker Prod I 7 39 7 19V 7 19 Goodyear T & R .. 19 Internatl Harv .... 53 52 53 Internatl T & T ..I 2 2 62 38 16 28 2 Johns-Manville 1 62 Montgomery Ward 39 62 39 17 North American ..17 Pacific Gas Eleo .. 28 Pacific Light 40 28 40 35 Phelps Dodge I 35 34 Radio Corporation 4 4 4 Safeway Stores ....I 44 44 44 Sears-Roebuck .... 78V 77 77 South Cal Edison .. 28 I 27 28 22 U S Rubber 22 21 Union Carbide ....I 70 I 70 70 United Aircraft ... 44 43 Warner Brothers . . 3141 3 Western Union .... 22 21 Westinghouse Elee 104102 Woolworth 34 I 33 44 31,! 21 104 33 84 J C Penney 85 84 Metals American Smelt .. Anaconda Bethlehem Steel . Internatl Nickel .. Kennecott Copper Republic Seel .... U S Steel Vanadium Steel .. 44 27 88 25- 37 '22 69 33 43 26 86 25 36 21 68 32 44 27 87 25 36 22 68 33 Tobacco and Sugar American Sugar-... 15 .. 15 Amer Tobacco "A" I 731 . . I 73 Amer Tobacco "B" I 74 I 74 I 74 Great West Sugar .1 21 I .. 21 R J Reynolds "B" 33 33 33 Oils Atlantic Refining .i 23 23l 23 Consolidated I 6 I 5 1 Mexican Seaboard 14 14 14 Phillips Pete 40 39 39 Shell Union 12 11 12 Standard of Cal ..I 20 20 20 Standard of N J . . 36 I 35 I 36 Socony Vacuum ...I 9 9 9 Texas Company . .1 39 38 39 Tidewtr Assn New 10 10 10 Motors Chrysler 71 70 70 General Motors ... 48 47 48 Hudson I 4 .. 4 Packard Motors ... I 3 3 3 Studebaker 8 8 8 Timken Roll Bear 50 50 50 Equipments Amer Car Foundry 30 30 30 Amer Locomotive 16 16 16 Baldwin Locomot . 18 18 18 General Tank 55 54 55 Pullman 26 26l 26 Stewart Warner ... I 8 8 j 8 CB Associated Press) SACRAMENTO, Jan. 8. Once again the revenue bond issue, permitting districts to finance public utility projects by majority vote, will come before the legislature through a bill to be introduced by Senator J. C. Garrison, Modesto. Defeated as a referendum measure in 1938 in the legislature in 1939, a new measure has been drafted which Garrison says he believes will meet with approval in the light of recent supreme court decisions. The court held that legislative bodies such as boards of supervisors, bureau of power and light or irrigation districts can issue revenue bonds. Garrison Insists that defeat of the measure by the electorate was partially due to lack of understanding of the complicated legislation, and because it sought "to take in too much territory." His new bill will include gas plants in addition to water, power, and sewage disposal plants, but will not be as broad in intent. 1 .v L. A. LIVESTOCK (By Associated Press) LOS ANGELES, Jan. 8. Hogs salable supply 900; active; around 25 higher; bulk medium to choice 160-250 pound averages 8.25-75; top 8.75; sows 5.50-6.00. Cattle salable 900; active; steady to strong; some sales higher on heifers; few medium steers '9.65-10.00; few feeders 8.75-9.00; fed heifers 9.50-70; feeder heifers 8.00; cows 6.75-7.85; few young cows to 8.50; canners and cutters 4.75-6.50; bulls 7.50 down; some held higher. Calves salable 150; steady; odd vealers to 13.00; few calves 7.50-9.50; few good 10.00 and common 6.50. Sheep salable none; good to choice wooled lambs quoted around 9.25 and good ewes around 4.50. The ancient Romans regarded gluttony as a virtue. REVENUE BOND ISSUE RAISED SAN BERNARDINO DAILY SUN. THURSDAY, JANUARY 9, 1941 PAGE TWENTY-ONE Time treet essage uut to Dtuay Buaget m Stocks Move Upward Irregularly; Trading Is Held at Slow Pace President's Estimates of Government Cost Considered as Highly Inflationary CALIFORNIA CITRUS FRUIT MARKETS (By Associated Press) LOS ANGELES, Dec. 8. Carlot shipments of California citrus, compiled from railroad passing reports for the excnange, were given as 101-lows: SO. CAL. Oranges Lemons Jan. 5 and 6 157 57 Jan. 7 105 32 Season to date 2,716 1,955 Last season to date 1,885 1,637 5 2 CENTRAL CALIFORNIA Jan. 5 and 6 116 Jan. 7 66 Season to date.... 1,334 Last season to date 6,868 131 272 NORTHERN CALIFORNIA Jan. 5 and 6 3 Jan. 7 3 Season to date.... 174 Last season to date 141 1 0 7 64 LOS ANGELES, Jan. 8. Califor nia oranges were about steady and lemons were unchanged to slightly easier in spots at eastern and middle western auction centers today. Carlot sales averages per box were reported to the California Fruit Growers exchange on its own brands and to the Associated Press on all others, as follows: NEW YORK Navels 176s larger slightly higher; 200s-220s slightly lower; balance steady. Lemons 300s easier to lower; doQs lower; smaller about steady. Sales: 16 cars oranges, 7 lemons. ORANGES (Sunkist) Brand District Average El Mejor, CC, Elderwood 2.70 Blue Circle, RIV, Riverside.... 3.10 Rain Cross, RrV, Riverside .1. . 2.95 Ultra, TC, Ultra 2.90 Genuine, CC, Elderwood 2.80 Malta, TC, Magnolia 2.85 Mahala, RrV, Highgrove 3.20 Chanticleer, RH, Redlands. .... 2.95 Talisman, RH, Redlands 3.15 Hopi, RH, Redlands 2.60 Trailway, CC, Lindsay 2.90 Kings Park, CC, Ivanhoe...... 2.60 Pioneer, LM, Lindsay 2.90 Golden Trail, TC, Success 2.90 Treasure Chest, RH, Crafton... 3.10 1000 Grand, CC, Strathmore.... 2.70 Good Cheer, TC, Sunland 2.95 Magic Beauty, TC, Lisko t. 3.10 Natures Best, TC, Lisko 2.95 ORANGES (Other Grades) Sunbeam, Choice, Lindsay 2.65 Manager, TC, Standard, Magnolia LEMONS (Sunkist) Veritop, ST, Hillgrove.... Parade, VCE, Saticoy Pride of Corona, Q, Corona. . 2.50 4.70 4.15 4.25 Trail, ST, Lamanda Park 4.15 Sierra Madre, ST, Lamanda Park 4.50 Excellent, VCE, Santa Paula.. 4.20 Sunny Hills, ST, Sunny Hills. .. 4.25 LEMONS (Redball) Juicy O, ST, Hillgrove 3.70 Guide, VCE, Saticoy 3.35 Canyon, ST, Lamanda Park. ... 3.75 Hillco, ST, Sunny Hills 3.55 LEMONS (Other Grades) Maduro, Q, Orchard Run, Corona 3.75 Amerpride, AFG, Fancy, Upland 3.15 Albourne, AFG, Fancy, Upland 3.65 Honeymoon, AFG, Choice, Upland 3.50 CHICAGO Navels lower. Lemons about unchanged. Sales: 14 cars oranges, 2 lemons. ORANGES (Sunkist) Brand District Average Cerrito, RIV, Highgrove 3.10 El Mejor, CC, Elderwood 2.85 Gold Elephant, RIV, Men-tone 2.80, 2.90 America, SDF, Escondido 2.85 Sans Egal, CC, Lindsay 2.65 Skyrocket, CC, Exeter 3.05 Heart of California, CC, Exeter 3.15 Foursquare, CC, Sanger 2.95 Hil-Pak, LM, Lindsay 3.10 San Luis, RH, Kialto 2.95 Rialto, RH, Rialto 2.85 Naranjo Beauty, CC, Naranjo.. 3.25 Arizona Dcrsert Sweet Sweets, ARZ, Phoenix 2.40, 2.55 ORANGES (Redball) Arizona Cactus, ARZ, Phoenix 2.40, 2.55 ORANGES (Other Grades) Blue Mountain, RIV, Choice, Highgrove 2.70 California Sunshine, RIV, Choice, Mentone 2.15 Patrician, TC, Orchard Run, Magnolia 2-65 Valley Vista, LM, Choice, Lindsay 2.55 Big R, RH, Choice, Rialto 2.25 Vanity, AFG, Fancy, Lindsay. . 2.85 nix 1.85, 2.15 LEMONS (Sunkist) Goleta, SB, La Patera 4.15 San Marcos, SB, La Patera. . . . 4.05 Whittier, WD, Whittier 4.20 LEMONS (Redball) Schooner, SB, La Patera 3.00 DETROIT Navels 200s smaller easier; balance steady. Lemons Sunkist steady; choice higher. Sales: 6 cars oranges, 1 lemons. ORANGES (Sunkist) Brand District Average Sans Egal, CC, Lindsay 3.05 Wutchumna, CC, Lemon Cove. . 3.10 Superfine, RIV, Prenda. . .2.90, 3.05 Barbara Worth, RIV, Prenda. . 2.85 Four Square, CC, Sanger 3.10 Demand, TC, Strathmore...... 3.20 Gold Hill, TC, Porterville 3.10 ORANGES (Redball), Black Hawk, RIV, Prenda 2.65 LEMONS (Sunkist) Display, VCE, Ortonville 4.15 LEMONS (Redball) Award, VCE, Ortonville 3.70 CLEVELAND Navels very steady. Lemons lower. Sales: 6 cars oranges, 2 lemons. ORANGES (Sunkist) Brand District Average Gold Elephant, RIV, Mentone. . 3.05 Paramount, TC, Richgrove 3.05, 3.10 Natures Best, TC, Lisko 3.10 Kay Bee, CC, Lindsay 3.25 Trailway, CC, Lindsay 3.15 ORANGES (Other Grades) Vanity, AFG, Fancy, Lindsay. . 3.10 LEMONS (Sunkist) Ocean View, SB, Carpinteria... 4.55 Old Baldy, OK, Upland 4.15 LEMONS (Redball) Sea Breeze, SB, Carpinteria.... 3.95 BALTIMORE Navels strong. Lemons unchanged. Sales: 1 car oranges, 1 lemons. ORANGES (Other Grades) Brand District Average Exclusive, CC, Extra Choice, Ivenhoe 2.70 LEMONS (Sunkist) Vesper, TC, Porterville 4.50 CINCINNATI Navels higher. Lemons lower. Sales: 3 cars oranges, 3 lemons. ORANGES (Sunkist) Brand District Average Sun Garden, TC, Sunland 3.10 Trailway, CC, Lindsay 3.10 ORANGES (Other Grades) Exclusive, Extra Choice, Ivan- hoe i.aO LEMONS (Sunkist) Golden State, CC, Lemon Cove 4.30 La Habra, NO, La Habra 4.45 Ocean View, SB, Carpinteria... 1.60 LEMONS (Redball) Sea Breeze, SB, Carpinteria. . . . 4.20 ST. LOUIS Navels 126s larger lower; 220s higher; balance Sunkist about unchanged; choice unchanged. Lemons lower. Sales: 6 cars oranges, 1 lemons. ORANGES (Sunkist) Brand District Average Terra Bella, TC, Terra Bella. . . 3.15 Energy, CC, Lindsay 3.05 Ultra, TC, Ultra 2.95 Terra Bella, TC, Ultra 3.30 Demand, TC, Strathmore 3.30 Malta, TC, Magnolia 3.25 ORANGES (Other Grades) St. Francis. CC, Extra Choice, Lindsay 2.70 Spaniel, TC, Orchard Run, Ultra 2.70 Patrician, TC. Orchard Run, Magnolia 2.60 LEMONS (Sunkist) Glendora, GF, Glendora 4.00 PITTSBURGH Navels 126s larger firm; smaller higher. Lemons 360s higher; larger unchanged. Sales: 4 cars oranges. OKAJNGES (Sunkist) Brand District Average Malta, TC, Magnolia 3.15 Paramount, TC, Richgrove.... 3.05 Ultra, TC, Ultra 2.90 Energy, CC, Lindsay 6.W LEMONS (Other Grades) Patrician, TC, Orchard Run, Magnolia z.7a PHILADELPHIA Navels 252s larger unchanged; 288s smaller Sunkist lower; non-Sunkist higher. Lemons 252s unchanged; 300s lower; 360s higher. Sales: 6 cars oranges, 1 lemons. ORANGES (Sunkist) Brand District Average Wutchumna, CC, Lemon Cove.. 2.90 Exeter, CC, Exeter 3.00 Chimes, CC, Lindsay 2.70 Sans Egal, CC, Lindsay 2.90 Good Cheer, TC, Sunland 2.95 ORANGES (Other Grades) Plaid. TC, Orchard Run, Strath more 2.60 LEMONS (Sunkist) Gold, OR, Villa Park .. 2.40 BOSTON Navels higher. Lemons strong. Sales: 10 cars oranges, 3 lemons. ORANGES (Sunkist) Brand District Average Good Cheer, TC, Sunland 3.05 Strathmore, TC, Strathmore... 3.00 Golden Rule, RrV, Riverside... 3.10 Lincoln, RIV, Riverside 2.85 Natures Best, TC, Lisko -.. 3.10 Foursquare, CC, Sanger 3.00 Skyrocket, CC, Exeter 2.85 Orange Cove, LM, Orange Cove 2.75 Golden Trail, TC, Success 3.10 Ultra, TC, Ultra 2.80 ORANGES (Redball) Naponee, TC, Lisko 2.85 ORANGES (Other Grades) Idyllwild, RIV, Choice, Riverside 2.55 Exclusive, CC, Extra Choice, Ivanhoe 2.75 LEMONS (Sunkist) Fallbrook, SDF, Fallbrook. .. . 4.45 Lofty, SDF, Fallbrook 4.60 Bear, OK, Upland 4.70 Quail, OK, Upland 4.80 America, SDF, Escondido 4.50 LEMONS (Redball) Cub, OK, Upland 3.75 Freedom, SDF, Escondido 3.50 Hermosa, SDF, Fallbrook 3.45 LOS ANGELES, Jan. 8. Florida auction sales: Boston 11 cars oranges, 2.35; 1 car grapefruit, 1.60. Baltimore 1 car oranges, 1.65; car grapefruit, 1.30. Cincinnati 9 cars oranges, 1.80; 2 cars grapefruit, 1.85. Cleveland 6 cars oranges, 2.30; 3 cars grapefrlt, 1.55. Detroit 1 car grapefruit, 1.75. Philadelphia 12 cars oranges, 2.30; 2 cars seedless grapefruit, 1.65; 4 cars grapefruit, 1.60. Pittsburgh 2 cars oranges, 2.25; 2 cars grapefruit, 1.60. St. Louis 1 car oranges, 1.5.5. New York 50 cars oranges, 2.30; 26 grapefruit, 1.95. Chicago 3 cars oranges, 2.15; 1 grapefruit, 2.35. LOS ANGELES, Jan. 8. Texas grapefruit sales: Cincinnati 4 cars, 2.30. Cleveland 4 cars, 2.00. Detroit 3 cars, 2.15. Philadelphia 4 cars, 2.70. Pittsburgh 1 car, 2.40. St. Louis 2 cars, 1.85. New York i cars, 2.65. Chicago 4 cars, 2.00. I COTTON MARKET ' (By United Press) NEW YORK, Jan. 8. Cotton futures closed steady. Open High Low Close Jan 10.41 10.47 10.41 10.44 March .... 10.49 10.58 10.49 10.54 May 10.54 10.57 10.45 10.52 July 10.28 10.41 10.27 10.25 Oct. 9.72 9.98 9.72 9.87 Dec 9.70 9.94 9.70 9.83 Spots closed two higher, middling 10.62, sales none. NEW ORLEANS, Jan. 8. Cotton futures closed steady. Open High Low Close Jan '. 10.45 March .... 10.56 10.63 10.56 10.58 May 10.52 10.63 10.52 10.57 July 10.34 10.47 10.34 10.42 Oct. , 9.78 10.00 9.78 9.94 Dec 9.76 9.99 9.76 9.92 Spots closed five higher, middling 10.28, sales 1,403. 1 GOVERNMENT BONDS f .;. . (By Associated Press) NEW YORK, Jan. 8 The closing prices of bonds on the New York stock exchange. (Decimals in S2nds.) Treasury 3s '41 .... .... 102.18 do 3s '45-'43 ...-.:... 108. do 4s '54-'44 -..113.6 do 2s 47-'45 .... .109.10 do 3s '48-'46 111.10 do 4s '52-'47 .120.30 do 4s '52-'47 Reg. ...v... 121.4 do 2s 53-'49 .......107.1 do 2s '53-'51 :. .104.19 do 2s '56-'54 104.20 do 2s '60-'55 109.19 do 2s '60-'55 Reg. ..... .109.20 do 2s '59-'56 109.14 do 2s '63-'58 ........-..... 108.31 do 2s '65-'60 109.10 Fed. Farm Mtg. 3s '47-'42 103. Home Own. Loan 3s '52-'44. . . .107.6 (By Associated Press) LOS ANGELES, Jan. 8. California oranges were about steady and lemons were unchanged in spots to slightly easier at eastern and middle western auction centers today. Sales totaled 72 cars of oranges and 21 cars of lemons. Tho price range, per box: ORANGES LEMONS Graded Above Graded Above Choice Baltimore 2.70 Chicago 2.403.25 Detroit 2.85Cci3.25 Cleveland 3.053.25 Cincinnati 2.95W3.10 St. Louis ,.: 2.703.30 Pittsburgh 2.90fi)3.15 Philadelphia 2.70rj)3.00 Boston 2.75 Ox 3.10 New York 2.603.15 The averaee nrice bv size of Sunkist orances at representative auc tion sales was Eiven bv the California Fruit Growers exchange, as fol lows: 80s. $2.58: 100s, $2.77: 126s. $3.23; 220s, $3.27; 252s, $3.13; 288s, $2.95; 344s, $2.57; 392s, $2.54. An index of prices realized in the eastern auction markets yesterday on Sunkist brands of oranges, furnished through the courtesy of the Redlands-Hlghlands Fruit exchange. AVERAGE PRICE BY SIZE REPRESENTATIVE AUCTION SALES NAVELS, Jan. 8 80s 100s 126s 150s 176s 200s 220s 252s 288s 344s 392s Sunkist 2.58 2.77 2.65 2.84 3.05 3.23 3.27 3.13 2.95 2.57 2.54 Choice K..2.63 2.57 2.43 2.61 2.77 2.92 2.94 2.77 2.59 2.57 2.50 January 7 Sunkist Choice January 6 3.03 2.83 2.67 2.30 2.11 2.18 Sunkist Choice ,3.11 2.86 2.75 2.55 2.44 LOS ANGELES PRODUCE (By United Press) LOS ANGELES, Jan. 8. Trading was slow with supplies moderate to liberal. Cucumbers, eggplant and squash were firm to stronger; broccoli, cauliflower, lettuce, peas and tangerines were dull to slightly weaker; other commodities were about steady. AVOCADOS: Fuertes 7c; No. 2s 4c; flats 16s-30s $1.00-1.25; 36s-42s 85c-$1.00. BEANS: Blue Lakes 14-17c; San Diego Kentuckys 13-15c; Mexico Kentucky s 15-17c; Limas San Diego and Santa Barbara Pole 8-9c; Bush 6-7c. BROCCOLI: 2-2c; Pismo 2-2c; San Diego 2-3c. BRUSSELS SPROUTS: San Luis Obispo and Oceano 5-6c; No. 2s 1-2c. BUNCHED VEGETABLES: Beets 50-60c; Carrots 50-65c; Celery Root 60-70c; Dikon 40c; Green Onions $2.75-3.00: Leeks 60-75c; Mustard 25-30c; Parsley 60-75c; Radishes 45-60c; Spinach 75-90c; imperial si. 50: 5s 32. 00: Coachella 4s $1.00-1.25; 5s $1.35-1.50; Turnips 35-60c; Kohl Rabi 25c; Mint 30c; Oyster Plant 35c: Watercress 35c. CABBAGE: Cannonball 60-65c: Im perial 85-90c; local Danish 36s 90c-$1.00; Red $1.15-1.25; Savoy 25-35c. CAULIFLOWER: Snowball 50-65CI Pearl 40-50c. CELERY: Pascal 22-Inch $1.00-1.10: bleached $1.25-1.35; Oceano $1.35-1.40; San Diego $1.15-1.25; Golden San Diego 24s $1.25-1.40. CUCUMBERS: San Diego and La-guna Beach lugs $2.25-2.50; No. 2s $1.00. EGGPLANT: Coachella lugs 9s $1.35-1.50; 12s $1.25-1.40; 16s $1.00-1.15; 6s $1.25-1.35. LETTUCE: Imperial 4s $1.00-1.15; 5s 75-90c; Yuma 4s $1.00-1.15; local loose 25-40C PEAS: San Diego Pole 10-llc; Bush 7-8c; No. 2s 3-5c; Santa Barbara Pole 10-llc; local Bush 8-8 c; oCachel-la 8-9c; San Pedro 7-8c; Coachella China 40c. PEPPERS: Bells Mexico 8-9c; San Diego 8-10c. SQUASH: White Summer San Diego Control of Rail System Acquired (By United Press) SAN FRANCISCO, Jan. 8. Control of the Railway Equipment & Realty Co., formerly the Key System, which operates interurban train service between San Francisco, Oakland and Alameda and local service in the latter cities, has been acquired by a group of Oakland businessmen, headed by A. J. Lundberg, president, and William P. St. Sure, vice-president, it was announced tonight. St. Sure said control of the transit firm was acquired "to prevent its acquisition by outside interests." National City Lines, a Chicago corporation, had been reported interested in buying Railway Equipment & Realty for the last year. The Oakland group purchased a majority of the stock on the San Francisco stock exchange today. A block of 26,500 shares sold at $5 a share. Japan Protests on Examining Travelers (By Associated Press) TOKYO, Jan. 8. A "strong" Japanese protest to Britain, charging abuse of belligerent rights in the examination of Japanese trans-At lantic travelers at Bermuda, was announced by the government today. British Ambassador Sir Robert Leslie Craigie received the protest from Foreign Minister Yosuke Mat-suoka in a one-hour conference. Sir Robert was said originally to have sought the meeting to object to the asserted use of the Japanese flag by German raiders in the south Pacific. W anger Again Will Head Film Academy (By Associated Press) HOLLYWOOD, Jan. 8. Walter Wanger will serve a second year as president of the Academy of Motion Picture Arts and Sciences. The academy's board of governors, composed of 15 representatives of the motion picture industry as a whole, reelected him by acclamation. Reelected as vice-presidents were Frank Capra, Edward Arnold, Dar-ryl Zanuck and Jane Murfin. Mer-vyn Leroy was named secretary. WOOL MARKET BOSTON, Jan. 8. (U.S. Dept. Agr.) Small quantities of medium territory wools were moving occa sionally today in the Boston wool market at 85-83 cents, scoured basis, for combing three-eighth blood and at 80-83 cents for combing quarter blood. The finer grades were slow. Choice Choice Choice 4.50 4.054.20 4.15 4.154.95 4.30 'g,4.45 4.00 1.852.70 2.65 3.00 3.70 3.95 4.20 4.20 2.550)2.85 2.65 4.454.80 3.15 4.70 3.4503.75 3.3503.75 $2.65: 150s, $2.84; 176s, $3.05; 200s, 2.85 3.04 3.31 3.33 3.17 3.04 2.69 2.40 2.33 2.63 2.76 2.70 2.55 2.40 2.29 2.91 3.10 3.30 3.32 3.24 2.99 2.53 2.77 2.99 2.99 2.84 2.59 2.74 2.52 2.51 2.25 local lugs $1.70-2.00; Imperial crates best $2.50-2.75; Italian San Diego and local lugs $1.75-1.85; Imperial crates $1.75-2.00; Coachella lugs $1.85-2.00; Yellow Crookneck Imperial crates $2.25; San Diego $2.00; Banana lc; Hubbard lc. SWEET POTATOES: Jerseys 80-90c; Nancy Halls 80-90c; Porto Ricos $1.10-1.15... TANGERINES: Imperial Sweet Algerians Jumbos 6-5c; extra fancy 4-5c; fancy 4c; Dancys Coachella and Imperial 3 -4c. TOMATOES: Niland, Westmoreland and Brawley 9s $1.75-2.00; 12s $1.60-1.75; 16s $1.15-1.25; 20s 90c-$1.10; flats 4x5s $1.25-1.40; 5x5s and 5x6s $1.50-1,65; 6x7s $1.25-1.40; 7x8s $1.00-1.10; loose lugs 50-75c, ONIONS: Street sales Spanish medium $1.00-1.05; Jumbos $1.20-1.25. GRAPEFRUIT Per box: Arizona and Imperial valley choice and orchard run unwrapped 4ss ji.za-i.ou, tew i.io; ms $1.00-1.25. few $1.40. some low as 85c; 64s 85c-$1.00, few $1.25; 803-1003 75c-$1.00; Arizona and Imperial valley fancy 48s, few $2.50-2.75; 54s $2.25-2.50; 64s $1.75-2.00; 80s $1.25-1.50; Coachella valley 64s $2.00-2.25 ; 80s $1.75-2.00. LEMONS Per box: Local loose best $1.75; fair $1.25-1.50; fancy packed 300s $4.00-4.50; 360s $3.25-3.50; 432s $2.75-3.00. ORANGES Per box: Local and San Joaquin valley navels, choice and orchard run unwrapped small to large $1.15-1.35; standards $1.00-1.15. some 90c; fancy packed wrapped 100s-150s $2.50-2.75. POTATOES Brokers' sales. 100- pound sacks Idaho Russets, U. S. No. 1 $1.15; Klamath district, U. S. No. 1, dark soil $1.05; bakers $1.35; Stockton Prides, U. S. No. 1 $1.60; street sales, Russets. U. S. No. 1 Klamath district, light soil $1.25-1.35; dark soil $1.10- 1.20; Idaho $1.25-1.35; Utah $1.10-1.25; Stockton Prides, U. S. No. 1 $1.65-1.75; new stock, Kern county Bliss Triumphs bushel crates. U. S. No. 1 washed $1.50; lugs 90c-$1.00; White Rose, lugs best 80-90c. Violations of Terms Charged (By United Press) NEW YORK, Jan. 8. A suit for $1,263,993.37 charging alleged contract violations was filed in federal court today by Hal Roach, Inc., against Loews, Inc., and Metro-Goldwyn-Mayer Distributing Corp. The suit alleged that the defendants cheated Hal Roach, Inc., out of profits on films produced, including feature length motion pictures and short subjects. It also alleged that expenses had been incurred by the defendants and charged to the plaintiff in violation of contracts, that tax rebates from the government had not been reported and that the distributors had not shown the films upon which they and the producer had agreed. The suit cited various alleged contract violations over a period of 13 years. I LOS ANGELES GRAIN LOS ANGELES, Jan. I rivals today in the Los I. Carlot Angeles cnange: Wheat, 12; barley, 2; corn, 2; oats, 1: flour, 2; bran, 2; shorts, 2; cereal, 2; cottonseed, 2; poultry feed, 5. Quotations nominal, subject to market fluctuations. Prices per cwt., in carloads only: Wheat, No. 2 hard or soft white, $1.471.57; barley. No. 1 bright western, 46 lbs., $1.151.20; barley, malting type, $1.17l-22; mllo, No. 2 yellow. $1.201.25; corn, No. 2 yellow. $1.52G1.55. HAY QUOTATIONS (By Associated Press) Hay delivered f.o.b. Los Angeles, per ton: No. 1 barley hay, $19.0020.00 (nominal); sample grade, $15.5016.50; No. 1 oat hay. $20.0021.00. Alfalfa delivered to Hynes or El Monte, per ton: U. S. No. 1, lower San Joaquin valley, $15.0Offi)15.5O; Antelope or Imperial valleys, $16.50017.00; U. S. No. 2 leafy, lower San Joaquin valley, $14.0015.00; Antelope valley, $16.00; U. S. No. 2, $12.50S'13.00. W.P.A. Work Halts, Army Camp Speeded (Bv Associated Press) SAN LUIS OBISPO, Cal., Jan. 8.-AU W.P.A. projects in San Luis Obispo county were closed today at the request of the E. L. Dixon Co., contractors at the army camp here, to provide for additional workers on the army job. Extremely heavy rain since Dec. 19 has put work back so far that contractors declare they need every possible worker, t METAL MARKET t NEW YORK, 34, unchanged. Jan. 8 Bar silver. LONDON, Jan. 8. Bar silver, 23 5-16d, off 1-16. (Equivalent 42.28 cents). Bar gold, 168s, unchanged. (Equlya-lent $33.85). MI RALLY FILLS SHORT (Bv Associated Prps) CHICAGO, Jan. 8. The wheat market's attempt at a rally today fell short of restoring prices to the best levels of the past month and finally was nullified by renewal of profit taking late in the session. Gains ranging from to cent were chalked up at times but be fore the close these had been erased and small fractional net losses were reported. Final figures were low er to higher compared with yes terday, May 87-, July 82-. Corn closed unchanged to low er, May 62-, July 62; oats un changed to up; soybeans - up; rye - down and lard 10-20 higher. Wheat: May .... July . Sept. ... Corn: High Low Close .. .88 .87 .87 ,, .82 .81 .82 . .83 .82 .82 May TV T J .63 .62 .62 .37 .33 .99 .87 .49 .50 5.30 6.57 6.75 6.95 6.15 .62 .62 .62 .37 .33 .97 .95 .48 .49 5.15 6.45 6.57 6.75 6.95 .62 .62 July Sept. . . . .v. . Oatst .62 .37 .33 .98 .96 May July Soybeans: May July Rye: May .48 .49 July ... Lard: Jan. 5.22 6.52 6.72 6.92 7.10 10.12 11.25 March May July Sept Bellies: Jan. May S. F. STOCKS (Bv Associated Press) SAN FRANCISCO. Jan .8. Follow ing is the list of transactions on the San Francisco Stock exchange today (close omitted when same as low and both low ana close when same assign) Salesl Hlgh Low Last 100 Ang Cal N Bk.. Assd Ins Fund..! 9 100 100 6 6 71 29 6 15 91 3 Atlas Imp Diesel -4 IT 100 Chrysler Corp .. Comwlth Edison. 100! 100 500 .nr. Cream of Am .. Crown Zellerb .. 14 91 15 260 100! COO do, pf El Dorado Oil .. 91 Empor Capwell.. 19 44 99y4 50 101 400 do, pi Fireman F Ins, 44 Golden State . 0'4 9 e 100' 2001 400 200 100 Greyhound ... 11 14 Hale Bros .... Hawaiian Pine Honolulu Oil . IB 13 8 15 16 Magnin & Co. lOOIMarchant Calo , 18 2 S00Menasco Mfg .. 20 N Am In 6s pf . 10 Occidental Ins . 10 O'Connor Mof . SOOPac Gas & Eleo 500 do, 6s 1 pf .. 100 Pacific P Ser . 600 do, pf lOPac Tel & Tel. 26600 Ry Eq & Rl 10 do, 6s pf .... 200!Soundv Pulp 300i South Pacific .. 21 26 5 28 34 4 28 28 Si 34 18 V 18 18 124 5 20 23 8 20 600'Stand Oil Cal 400, 800 10 100 50 Transam Corp. 0 14 Union Oil Cal Wells FB&U . 13 14 299 West Pipe & Stl 22 Yell & Ch Ser 1 22Vi 22 22 UNLISTED 200Atchison ... lOOIBlair & Co 20 19 20 120 iio" 126" 12 30 6 37 120 69 11 80 200 70 Bunker Hill & Dominguez Oil , Idaho Md M .. Pac Indemnity . U S Pet U S Steel Westates Pet . do, pf '8001 100 900 100 100; 300 FOREIGN EXCHANGE NEW YORK RATES Closing rates follow (Great Britain in dollars others in cents) : Canada Official Canadian control board rates for United States dollars buying 10 per cent premium, selling 11 per cent premium, equivalent to dis counts on Canadian dollars in New York of buying 9.91 per cent, sellim 9.09 per cent. Canadian dollar in New York open market 13 15-16 per cent dis count or se.oe1 Unltea States cents. Europe Great Britain, official (bankers foreign exchange committee rates) buying $4.02, selling $4.04; open market, cables $4.04: Germany 40.07N, be nevolent 18.45; Finland 2.05N; Greece .68N: Hungary 19.77N: Italy 5.08: Por tugal 4.01; Sweden 23.85; Switzerland 23.21: Yugoslavia 2.35N. Latin America Argentine, official 29.77, free 23.60; Brazil, official 6.05, free 5.05: Mexico 20.75N. Far East Japan 23.48; Hongkong 23.75: Shanghai 5.66. (Rates in spot cables unless otherwise indicated. N nominal). 1 BANK CLEARINGS Berkeley (debits) $ 1,293,533.00 Oakland 2,465.000.00 San Francisco 27,000,000.00 Los Angeles (debits) .. 36,104,419.00 TO WHOM IT 31AY CONCERN This is to certify that Mrs. M. Spears does not represent the undersigned Citrus Growers, Packers, and Shippers in any manner whatsoever, and has no authority from us to act as our agent in any capacity after this date, Jan. 7th, 1941. KRINARD PACKING CO. Fred W. Krinard UNITED CITRUS GROWER8, INO. ShibU S. Damus ORANGE BELT FRUIT DISTRIBUTOR L. A. Turner RIVERSIDE GROWERS, Victor C. Andrews INC CHEROKEE Ceoll .. A. ffltt TONE IMPROVES LOS ANGELES, Jan. 8. Scat tered buying among the lass active stocks on the Los Angeles Stock exchange today gave an improved tone to the session, and resulted in advances for 10 listed issues, against declines for two while 11 held unchanged from the preceding day. Turnover for the session Im proved slightly to 11,092 shares of a market value of $146,620, as compared with 8,950 shares, valued at $105,874, for the previous day. Salesl IHlgh Low I Last lOOlBandlnl Pet ... 160 Cons Steel pf . 200 Cream Amer . . 160 General Motors. 25 Goodvr Akron . 2 19 6 48 19 07 I 22 27 41 2 10 28 40 8 9 37 11 28 8 1000 Intercoast Pet . lOOOiLincoln Pet ... 56 1 Lockheed Aira . 200! Mascot Oil Co . 445Menasco Mfg .. 180! Pac Finance .. 10 Pac G ft E 150 Pac Lighting 1100 100 Richfield Oil , Roberts MkU w. 300 100! 110 154 205 275 ityan Aero . .; Sec Units ... Shell Un Oil So Cal Edison South Pacifio stand Oil Cal Sunray Oil .. 20 200 1 311 Transam Corp, '5 420 100 union 011 cat Vultee Aire . 14 8 UNLISTED STOCKS 691 56 1 185 60 601 60 100; 100 Amer Tel & T Anaconda Cop A T & S F Ry Avia Corp Del 1168 187 168 27 26 37t 20 20 20 6 5 6 8 8 8 86 86 86 11 11 11 20 20 20 Barnsdall Oil Co Bethlehem Steel. Com'l Solvents... Cont'l Oil Del .. " 29 29 29 4 4 4 89 88 39 25 25 25 2 2 2 33 33 33 38 38 38 14 14 14 7 7 7 3 3 3 11 11 11 8 8 8 22 22 22 78 78 78 9 9i 6 6 6 35 85 35 '838 8 8 8 22 22 22 - 70 70 70 68 68 68 150 200 751 Curtiss Wright A iiiec Pwr & Lg General Foods . 96 Infl Nickel Can lOOjlnt'l Tel & Tel, 95 10 Loewa Inc Montg Ward N Y Central Ohio Oil Co 215 100 50: 50 800 Packard Motor. . Paramount Plo. Pure Oil Co ... 50 Republic Steel M 85 1 Sears, Roebuck. 23 Socony Vae 20 3 10 150 Stand Brands ., Stand Oil N J . Stone & Webstei Studebaker Corp 100 27 200 swut & uo ... Un Car & Carb U S Steel POULTRY AND GAME LOS ANGELES, Jan. 8. an, 8.-4 .... J .14 .ja .15 1 Hens, Leg. '4 to ay ids. .., 2 Do, over 3 and up to 4 lbs, 3 Do. over 4 lbs. and ud 4 Hens, colored, 4 to 5 lbs. .21 0 jjo, over 6V4 lbs ( 6 Brls., 1 and up to 1 lbs... 7 Do, over 1 and up to 2 lbs, 8 Fry., leg., over 2 & up to I lbs , 9 Do. col.. 2 and ud to 3i lbs. .21 K IT 15 It 10 Do, over 3 and up to 4 lb, UD to lb. .19 11 Rstrs.. col., over lbs. & ud .20 12 Stags, colored 14 13 Old roosters, colored 11 14 Do, leghorn 09 15 Ducklings, Pekin, over 5 lbs. & up 19 16 Do, under 5 lbs 18 17 Old ducks, white Pekin 08 18 Geese 15 19 Young torn turkeys, 14 lbB. and under 20 lbs 15 20 Do, 20 lbs. and up 12 21 Young hen turkeys, 9 lbs. and under 11 lbs. 18 22 Do, 11 lbs. and up 18 23 Old hen turkeys 11 24 Old torn turkeys 11 27 Capons, 6 to 8 lbs 24 23 Do, over 8 lbs. and up JA 31 Rbts., No. 1 white, 3 to 4 lbs 13 32 Do, mixed colors, 3 to 4 lbs. .12 33 Rabbits, woolly 06 34 Do, No. 1 old 05 Butter and Eggs LOS ANGELES, Jan. 1 Butter and egg prices today followt BUTTER Extras, 31'2c. Prime firsts, 31a, Standards, 31c. Undergradea, 30'4o. EGGS LARGE Candled clean extras, 30c; candled light dirty extras, 29c 0 a n d I e d clean standards, 28c j candled light dirty standards, Z7o candied checks, 28o. MEDIUM Candled extras, 27c; candled light dirty extras, 26c candled olean standards, 26c; oandled light dirty standards, 25o candled checks, 25o. SMALL Candled extrac, 26c 1 candled light dirty extras, 24c Case counts, 26c. WESTERN CHEESI Triplet daisies, 16c long-horns, I6V2C; loaf, 17c EVANS BROS. PACKING CO. L. A. Evans GARRETT FRUIT CO. H. Edwards, O. S. Garrett PARAMOUNT CITRUS ASSN., INO. Lewis Ghla HILLSIDE CITRUS 00. H. M. Evan CITRU8 CO, O. Fhelpi INO.

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