The Oregon statesman. (Salem, Or.) 1916-1980, June 21, 1938, Page 8, Image 8

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    PAGE EIGHT
Trie OKEGON STATESMAN, Salem, Oregon, Tuesday Morning, June 21, 1938
Quotations at Portland
rRODUCB EXCHANGE
POBTLANl, Or, Job 20. (AP)
Prod urm mrbaufc:
Buiwr Kxtraa. : larr ataodarde.
24: prim firsts, 23H; "'. 23; bat
UrfaL 25 2SV,.
-Ur(i astras. S3e; Urja atan
rds ale; medium txtras, 22;
atar-dards 20c. . ...
Chaosa Triplets. 12c; loaf. 13c
I'orllaml lruiu
- rORTLAXD. Ore, Jona 20. (AP)
Grain: Wheat Opa ; High Low Close
jol ?2 , 2 72
8pt- -.TH i 72 . 72 73
73 73 724 72
Cash cram: Oats No. 2 38 lb. whit
25.0U; oata So. 2-38 lb. ray 25.00.
Barley N.i2-4A, Ifr. BW 25.00.
Cor So. 4 KV shipment 28.75.
Millron standard, anquoled.
Cash wheat (bid): Soft while 76;
vntin white 75; western red 734.
Hard red wiater ordinary 73;-11 per
cent 74; 12. per cent 7S; 13 per cent
a H ; 14 per cent 88 H-
Hard red spring ordinary 73; 11 per
cent 74; 12 P tK!it ,s5 1 Pr etnt '
14 per cent 88.
Hard white-Baart ordinary 77; 11 per
cent 77; 12 per cent 79; 1 per cent 81;
14 per cent i3.
Today's car receipt: Wheat 125; bar
ley 1; floor 13; corn 7; oas 2; asill
feed 5. - "(
I'urtlaotl Livelirk
PORTLAND, Ora Juno 20. (AP)
(LbtA) Kogs: Receipt. 1400, market
active. 35 hither, good-choice 165-210, lb.
dribein 10, carload lot 9.35, 225-75
lb. 8.50-60, une from cat load lota 8.85,
light light 8.50-85, parkin- tow 6.25
75, feeder pis 8.75-9.25, top for onder
110 lb.
Cattle: Receipt 1750 locluliar 145
through and direct, calve . 150 ateer
nd heifers attiva, steers 25 hifher. i
atancea 50 higher, heifera 25-50 hifher,
few early sales, cow strong to 25 high
er late trade only ateady, kails weak to
25 lower, rood grain fed ateere ,8.50-75
balk rrasaer 7.75 8.25, on load 1048
lb. 8.50. com inns 6.0O-7.0O,' best grass
JieilCrV O . ' . IC ll u . iniu ... . . .....
dcwu to 0.50, common 5.50. low cotter
and. cutter cowa 3.25-75, common-medium
4.0-75, few 5.00, good beef cows 5.00
65, nixecL cowa and heifer 6.50," bull
5 00-75. beef ball 00. choice vealers
50. higher, other ateady, choice 7.50
8.00. Sheep: Receipt, 1200. market active,
spring lambs 75. Higher, good grade
7.00, common-medium 5.50-6.00, daugh
ter owea strong to 25 higher, medium
good grade 2.00 75.
Portland Produce -
PORTLAXD. Ore., June 19 (AP)
Country Meats Selling price to re
tailer: Country killed .hogs, best butch
... unHw IRA Ihs lfli-11 lb: Tealer 11
11H lb: light and thin 8 10 lb ; heavy
8- lb.; bolls 10 lb.; canner cow. 7-
lb.; cutter cowa. 8-9 lb.; spring lambs
13 lb.; old lambs 8 9 lb.; ewes 3-6 lb.
Live Poultry Buvlng price: Leghorn
breilers 1" to 1 4, lbs.. 14 14H lb.; !H
lbs.. 14-14 V lb.; colored springs. 2 to
3H lbs, 17-17H I; over 3 lbs. 18
lSVi lb.; Leghorn hens over 3Vi lbs.
15-15H bs.; ander 3H lbs. 1414H
lb.; colored hens to 5 lbs. 18-I8i lb.;
over, a lbs. li liVi id.; -o. - grauo
lb les
Turkeys Xotninsl buying price: Breed
er bens 20e lb. Selling price: Breeder
hens 22c tb; toms 17 18e lb.
Potatoes New Shafter, $2.20 ewt.;
Yakima Gems, 2s. 60c; local 65e cental:
central Oregon. $1. 45-1. 50 cental.
' Onions California vti, 50c; Cal. red
91 40 1.50. vellow $1.50.
Wool- 19.18. Nominal;' Willamette al
ley. medium. 18 lb. ; coarse and braids,
18e lb.; eastern Oregon, l-16tt,tb.
lb I
Bay Selling! price to retailers: Alfal
fa. No. 1, 1T-1 ton, oat-vetch, 814
ton; clover $11-11.50 ton; timothy, east
era Oregon, ( ) ton; do valley, 15 ton,
Portland. I
Mohair Nominal: 1938 20c lb.
Hopa Nominal; 1937. llft-12e lb.
Cases ra bark Buy-ng price: 1938
peel. 8c lb
Sugar Berry or fruit,' 100. $4.90;
bale. $5 10; best, $180 cental.
Domestic floor Selling price," city
delivery. I to 35 bbl lots: family patent.
49. 6.05-6.65; bakers' hard wheat, net,
$1,63 6.15: baker' bleeatem, $4,55 4.90;
blended bard wheat. $4.60 5 : soft wheat
flours. $4.35 4.45; graham. 49a, $4.95;
whole wheat, 49a, $4.95 bbl.
Wool in Boston
BOSTONV Juno 20-AP) CSDA)
Very few inquiries for wool were being
received today by Boston concerns. Ask
ing price far spot wool in this market
was unchanged from last week.. (Jjota
t'trns were reported i steady on bright
fleece offered from, the middle west
through Boston house.
Gardeners and
Ranchers' Mart
PORTLAND, Ore, 'June 20. (AP)
(L'MI.VJ rrvdure change:
Apple Oregu Nowtuwe. extra fry,
$1,35 1.50. fancy $ 15 1 25; iVVashing
ton Uelieioua. vxtra fancy, f I.75-1.&5;
Icon 2 He lb.. i
Artichoke CaHf., ;i . lb., $1.10 1 23.
Aaparagu Oregon i I '4 pvuimI crates,
V. S. No. 1. 7 8e; Xe. 2 5-6e lb ; 30-lb.
crates, $2.20 2.30; Wash, No. 1 7-8c lb.;
2s. &-6 lb.
Apricots Calif.. '24 lbs.. $1.50 1.75.
Beans -Ore., Blue Lakes and wax 8-9c.
Cabbage The Dalles, crate, $2.00
2 25; local $1.50-165, .
Cantaloup Calif. Imperial jumbo 45s,
$2 25-3e 3iis $2.75-2.85; 45s. $2.65.
Cauliflower Ore. Calif.. No. 1, LOO
MS crate; Seattle. 90c $1. ,
Celery Utah type, $2.40-2.50; white.
$2.25-2.50; Oregon Hearta, $1.50-1.75.
Cherries Wash.. Bings, 5-6c lb.; Ore
gon Bings, 5-6e lb. : Royal Annes, 3-5e.
Cucumbers . Hothouse, 3-4c do.
$2,50 2.75; Calif., lug, $2.25 2.75.
Currants $2.50-2.5 crate. ,
Garlic Local, 5-6q best; new crop 5
6c eut. ' f '
Grapefruit 48 100. Aritona, fancy.
$1 85 2.35; choice $1.75-2.00; Florida,
$3 75 4 25.
Lettuce Labish, $1.25-1.50; Wash., 3
and 4 doi. $1.35-1.45.
Lemons Fancy, all sizes, $4.50-5.25;
choice grade 5Uc to $1 00 less.
Onions Oregon yeilows. ; 0. S. So. 1.
50 pound sacks medium to large, $1.25
140; No 2, 50 pouad sacks. 75 90?;
California whit wax, $1.40 1 50; per 50
pound sacks; flat redo. $1.25-1.35 per
50-pound sacks: yelllowa $1.3o-1.50;
white. $1.50-1.60.
Peaches Nominal.
. Peas Oregon, bush, 5-6e; telephone,
6 6 Vic lb. I
Potatoes Oregon,! local sacked, per
hondredweight, long whites. 50-pound
sacks. US No. 2, 25-30c; 50-pound sack
russets, US Xo. 2J 40-43c; Deschutes,
sacked per hundredweight, russets, US
Xo. 1. $1.35-1.50; Takima. sacked per
hundred-weight, rusiets. US Xo. 1, $1.35
1.50. New stock, California, sacked per
bundredwe-ght. White Rose. US Xo. 1,
$2.20-2.30; The Dal!ee Cabblera, 2 M -3c
per pound.
Orancr California navels, fnncv. all
izea, $3.09 3 50; choice Valencia fancy.
Stocks Climb
1 to 5 Points
Signs of Reversal in Gloom
Over Business Given
as one Cause
NEW YORK, June 20.-P)-Stocks
hit one of the best recovery
strikes of the ".year today ith
market leaders climbing 1 to
more than 5 points. .,
Volume expanded substantially
on the run-np and chart readers
were particularly heartened by
the fact that the list broke bat
of 1938 downtrend with vigor.,
The upswing .was attributed to
an assortment of factors. . includ
ing signs which tome thought in-
dicated the lengthy business and
industrial recession might reverse
itself sooner than expected, and
assurances of a d m I n i stratlve
chieftains the lending-$pending
program would be pushed rapidly
when the president signs the bill.
Lead in Comeback
Steels, motors, coppers, rub
bers, mail orders, farm imple
ments, oils and specialties were
in the forefront, of the comeback.
Even the recently lagging rails
turned in a relatively good per
formance and a number of utili
ties pushed up easily, i
The Associated Press average
of 60 issues was up 1.9 points at
40.6. the best advance since April
9. Transfers totaled: 1,087,050
shares compared with 327,840
last Friday. Today's volume was
the largest since April 22. '
$2,30 2.90; choice. $2,00 2.15; loos.
$1 25 1.75
Peppeis La.. $2.50 hamper.
Haipberries Ordinary, 2.25 crate;
Ccthberts, $2,50 2.65.
Rhubarb Apple boxes. 55 60c; field
grown, bulk, 1-1 lb.
Sweet potatoes California, 50 pound
eratea. $2.35 2.50; Louisiana yams. $2.25
250 Spinach Oregon best, 65-75e per
orarge box. i
Squash Wash., Crookneck. scallop
Zucchini. $1.30-1.45 flat; Calif. Zucchini,
$1 25 flat.
Tomatoes Tex.; as is, $1.75-1.85 hot
house, extra fancy and ftney, 12-15e;
choice, 8-10e lb.; Wash., hothouse, 12
12He lb. i
Bunched Vegetables Oregon, per dos.
bunches: beets, new crop, 22 H -25c; ear
rots. 30-35r; green onions, 25-30e; pars
ley 20-25e; radishes, 25-30c; lee!is, 30c
35e: turnips. 50 60c; California: carrot.
$2.85-3 crate: 45-40e per dozen: Wash,
gr. onions, 22 4 -25c; radishes, 22 -25c.
Root Vegetables Sacked, rutabagas,
$1.75-2 per hundredweight, lugs, 60-70c;
horseradish root. 25c per lb. California
crrrots, 50-lb. aacks., $1.35-1.50; beets,
$.25-.5.
Watermelons, California,; $2.25-2.50 per
hundredweight, per pound cratea, extra.
CONTRABAND
By DENNIS WHEATLEY
II
CHAPTER XXIV
A group of men ran over to each
plane as its propellers ceased to
twinkle and began to unload its car
tro with well-drilled precision. Then,
as the last plane landed, there came,
the puff, puff, puff of the midnight
train, and the earth quivered below
the embankment until its driver
brought it to a standstill.
Wells touched Gregory upon the
elbow and began to back away down
the gully. Gregory followed, and
when they were out of earshot the
Inspector whispered, "We've got to
get over the bank far side of the
train so they can't see us by those
beastly lights. Then well try to get
into one of the box ears unobserved."
Climbing the wire fence, .they
crawled up the steep slope, crossed
the tracks on hands and knees, slid
down the other side, and made their
way back to the place where the
. t , .
train was stanuing.
Intense activity was now in prog
ress on the far side of it. The men
were hurling out the boxes from its
foremost cars. Wells scaled the
bank again and slung himself up
to one of the rear trucks but found
it padlocked. Gregory tried another
; with the same disappointing result.
Dropping off, the two men conferred
again in whispers.
"They won't unlock the doors of
the cars on this side," Gregory mut
tered.
"No. Got to take a' chance on
being spotted and reach the boxes,'
Wells replied. "Come on, let'a jret
beneath the train and wait our op
portunity.
They crawled between the wheels,
Wells leading, then a little way
along, until they were below the
couplings between two cars. The
smugglers were hard at work un
loading within a few feet of them.
One . of the wooden cases which
the smugglers were pitching out of
the wagons caught in the rough
. arass only about a third of the way
down the embankment. Gerry Wells
decided to take a chance. Praying
' to all his gods that if the men taw
him in the semi-darkness they would
take aim to be one of themselves, he
slipped out from beneath the train
and, drawing himself upright,
x launched himself upon the stranded
case. As he heaved it up to throw
it down among the rest, he tried to
read the big label which was tacked
to its top, before it left his hands.
"Hi!" a shout came out of the
darkness in his rear. "What's that
feller doing there?" It was the
driver or the fireman who had wit
nessed Wells' sudden appearance
from beneath the tram.
Instantly the mob of workers
dropped their cases ' and turned
toward him. Next moment a new
voice called from the bottom of the
embankment. "You there come
here else 111 plug you."
A torch flashed out, and Gregory,
who was still concealed tinder the
train, an immobile witness of the
acene, saw that the order came from
the Limper.
Gregory's hand closed on the butt
of his torch and he silently drew
himself up between the two cars.
Then, before Wella had time to
answer, he flung the torch with all
his force and unerring aim straight
at the Limper s head. -
"Run, man 1" Gregory shouted, as
It struck the Limper full on the
forehead, and he went down under
the impact Wells leapt on to the
tracks, but the man who had first
spotted the Inspector sprang from
the step of the engine cab and
grabbed him round the waist.
Next moment the Limper was on
his feet again, yelling blasphemous
instructions to his men as half a
dpzen of them closed in on Gregory.
He laid one of them out with a
blow behind the ear and tripped an
other who went plunging head-over-heels
down the embankment.
Wells had torn himself from the
grip of thenian who had jumped off
the train and turned to Gregory's
assistance, but below them now the
smugglers were running from all di
rections, throwing themselves over
the fence and scrambling up the
bank. The Inspector hit out vali
antly but he could not reach Greg
ory who had been dragged to the
ground. A second later he too.was
hurled off hi a feet by the rash of a
dozen brawny ruffians. He went
down with a thud, one of the men
kicked him in the ribs and another,
kneeling on his back, pinioned his
arms behind him.
Bruised and half stunned from
their desperate struggle , the two
men were lugged to their feet andi
thrust down the bank. Half a hun
dred threatening figures milled
round them, their scowling faces
lit by the glare of the torches.
Pilots, loaders, and the men off the
train all left their jobs to crowd
about the captives. Every man at
the secret base arrived at the scene
of the excitement where they jostled
togetner muttering noarse ques
tions. 1
A tau figure elbowed his way
through the press. "Silence 1" he
thundered. "Stand back, there. I'll
attend to this." i
It was the Limper. He stood
glowering at the prisoners, a little
trickle of blood oozing from his fore
head where Gregory's torch had cut
it- ....(,..- , ,.. .
"You, you, you, you," he jabbed
his finger at four husky fellows,
"take these birds over to the inn-
This upset's put us two minutes be
hind schedule. You've got to make
it up. to work! Like blazes nowl"
The four men thrust Gregory and
the Inspector forward. The Limper
zoiiowed close behind.
At the inn they were dragged in
to tno nttie bar parlor and the door
slammed behind them. The fat land
lord was still behind his bar and the
handsome knife thrower of Trou
ville, now in airman's kit, leaned
against it drinking a tot of brandy.
Q est-c q 'U-y-a," he exclaimed,
as the others tumbled into the room.
"bpies. snacned the Limner.
"Caught trying to board the train.
customs officers I expect; well soon
nnd out."
The Frenchman evidently under
stood English. An evil little smile
twitched at his hps. With a single
jerk he drew a murderous-looking
knife from his sleeve. "Etpions,
hein," he murmured. "Ca 'arrang
irew nmpiement.
As the blade flashed high above
orot a bead Gregory jerked himself
DacKwarus but, before the knife
came down, the Limper grabbed the
r renenman s arm.
w.ot here, he said sharply.
"Your planes are leaving. Get back
to tnem and see them home,. I'll.
handle this and 111 see these two-
never worry us again."
Co rot's handsome face went snl
len, like that of a greedy child who
has been robbed of an entertains
ment, but he shrugged, spat on the
floor at Gregory'a feet and, turning,
slouched out of the inn.
"Search them." snanned the
limper, raisins his automatic a
little, as an indication that he meant i
to shoot if they tried to break away,
while his tour . henchmen ran
through their pockets.
Pistols, night glasses, torches, let
ters and money were piled upon the
drink-puddled bar. When they were
held firm again the Limper glanced
through the papers; then stuffed
them in his, jacket. :
yuick march now, he ordered.
Take them to my plane."
The prisoners were hustled out
into the night and across the grass.
The smuggler's fleet was leaving;
only four planes remained now upon
the landing ground. The men wre
busily transporting the cargo from
the railway embankment to the fleet
of lorries beyond the inn; the train
had gone.
A four-seater monoplane stood a
little apart from the big de Havi
lands. The Limper scrambled into
it, dived down to a locker near the
floor,' and pulled out some lengths of
cord. "Tie them up," he said, "then
push them into the back of the
plane."
Gregory and Wells were securely
tied hand and foot and bundled in
behind. .One of the men got into the
plane with them and the Limper
went off to supervise the departure
of the convoy. At short intervals
the other planes roared away into
the air. The landing ground was
now in darkness and the trucks be
gan to rumble down the road; the
smugglers had disappeared when
the Limper returned and climbed
into the pilot's seat.
He slammed the door, pressed
home the self-starter. The plane
raft forward, bumped a little and
lifted, then with a steady hum it
sailed away lightless into the night.
Gregory was hunched on his aide
in & back seat but his face was
turned toward one of the windows
and he could see a section of the sky.
After they had been flying for a few
moments he managed to pick up one
of the major constellations and
knew, from its position, that they
were flying in a northwesterly direc
ton, toward Quex Park. His agile
mind began to conjure frantically
with the possibilities of drawing
Mrs. Bird's attention to their
wretched plight, so that she could
secure help.
The situation began to assume the
grimmest of aspects in his mind.
From the moment when he had gone
down under the rush of men, every
second had been occupied until now,
so he had not had a chance to realize
the full danger in which they stood.
No one except Wells and himself
knew of the secret landing ground
at Romney Blarshes, or what their
intentions had been when they left
Quex Park, so no one would worry
about them if they failed to turn up
until a day or two, at least, had
elapsed without news of them.
The plane banked steeply and be
gan to descend. Beads of perspira
tion, broke out on Gregory'a fore
head. They scarcely felt the bump
as the Limper landed the plane and
it flashed through Gregory'a mind
that the fellow was a first class
pilot. The engine ceased to hum and
for a moment there was dead silence,
then the Limper opened the door of
the cockpit and wriggled out The
beam of a torch showed from nearby
where he had descended and a new
voice came out of the darkness.
"He's on his way over."
"Good," replied the Limper. "I've
got them both here. Get 'em out and
bring 'em inside."
- (To Be Continued)
Cosyrichl HIT. a Klat Vaatan tyadleate, kaa
Salem Market Quotations
: rBuiTi
(Baying Price)
(The prices below (applied by local
grocer are Indicative ef the daily market
prices paid to growers by Salem buyera
bat are not guaranteed by The States
man. ,
Apples Extra fey. Delicious $1.85
fey. Wiaesaps, $1.50; orchard
run Homes J. 00
Banana, lb., on stalk . .06
Uanda - .06
Grapefruit. Calif., Suakiat, crate 1 00
Oates. fresh, tb. - m. .14
Lemons, erste 6 50 to 6 50
Oranges, crate 2 65 to S.1&
j VEGETABLES
- (Baying Fncea)
.asparagus, Ore-, doa
Beets, dos.
I abba re. lb. - ,, ...
Calif., new crop
Carrots, local, dos.
Cauliflower. Calif.. -
Celery. Utah, crate
String Beans. Calif., lb.
Celery hearts, dux.
L.eiluca. local
Or u na. No 1. cwL
Boiliig, 10 lb, Me. 1
Green onions. 4oa.
Radishes, dos.
.90
.25
.03
.03
.40
1 85
2.50
.09
1.30
1.25
i 50
.20
.25
Peppers, green, Calif. 1 2 t
Parsley , ,
Green pea, lb
Mew potatoes, ewt.
Potatoes, local. No. 1, ewt..
Ke 2 ewt. bag .
Raspberries .
Khubarb. lb
Spinach, local
Strawberriea. local
Hubbard siiash. re.
Turnips, doi. .
.25
.15
.40
.07
1 50
1.50
50
2.00
.02
.65
1.25
.01
.60
VUTS
Walnuts. 1937. lb 10 to .16
Filberts. 1937 crop. lb. 12 to .15
HOPS
(Buying Price)
Clusters, nominal, 1937. lb. 10 to .13
c'ugglea. top .nominai
WOOL AJTD MOHAIX
(Baying Price)
WeoL medium, vo. -18-
Coarse, lb. . . .18
Uoaair. lb. .20
' EGOS ABO POOXTBT
(Baying Price ef Andresens)
Large extras -
Medium extras
Large standards
Heavy bene, lb. '
Colored frya
Colored medlnm.
White lrfghorna. lb, Ke. 1
White Leghorn, Try
lb.
White Leghorn, lb.. No. 2
Roosters ,
.21
.19
.19
.15
.16
.15
.12
.14
JO
.05
LTVBSTOCB
(Based on conditions and sales reported
np to 4 p. m.V
Spring lambs 5.25 to 5.50
Lambs 4.oo
Ewes 1.75 to 2.25
Hogs tope, 150-210 lbs. 8.a0
130-150 lbs. . 7 75 to 8.25
210 300 lbs. 7.50 to 7.75
Sows ; 6.00
Dairy type cowa
Beef Cowa
Bulls
Heifers
Top veal
Dressed veal. lb.
3.00 to 4.00
5 00 to 4.00
.5.00 to 5.75
,.5.50 to 6.00
6.50
.10
MARION CRF.AMF.RT Buying Price
Butterfat. A grade .24
Grade ft raw 4 per ceat
milk. Salem basic pool price
$2.00 per hundred. Surpluo
fl.OS. "
Co-op Grade A butterfat
price, FOB Salem, 24
(Milk based on semimonthly
butterfat average.)
Distributor price, $2.32.
A grade butterfat De
livered, 24 )c; B grade,
23c; C grade 18 J, c
A grade prtut, 28c; B
grade. 27c
Butterfat. B grade .; ,
Co'ored bene, ander 4 Si Iba.
Colored bene, ever 4 Iba.
Leghorn hens, light ...
Leghorn hena, heavy
Colored fryer
Stage, lb.
Old roosters, lb
.23
.15
.15
.10
.12
.14 .
.05
05
Rejects, market value, Xo. 2 grade 5c lesa.
Large extras
Medium extras .
Large standards .
Medium standards
Undergrade
Hulleta
Dirty estraa ..
OB AIH. flay AND SEEDS
Wheat, whit, but
.21
.19
.19
.17
.15
.1.1
.17 -
Wheat, western red, bu.
Barley., -feed,, ton L.
Oats. gray, "ton
Oats, white, ton
Alfalfa, valley., ton
Oat and . vetch bay. ton
.60
.58
24.00
25.00
23 no
.13 00
.10 00
Logans Ripening
But Crpp Is Light
NORTH HOWELL Strawber
ry picking will be over this week
with rather unsatisfactory results
to all concerned.
Loganberries are nearly ripe
and picking will begin Wednesday
in the Coomler acreage. The crop
will be much lighter than usual
and the fruit not so well formed
on account of dry weather lately1.
All spring grain needs rain very
badly but the hay is very, good.
Hop Growers Starting
Dusting, Brush Creek
BRUSH CREEK Dusting for
blight Is under way in local hop
yards. Hop .vines are looking
thrifty but growers report that
a blight is affecting them. Train
ing of hops has been completed
for the summer.
Reduced Interest
Rate Is Extended
Temporary Rate of 3
per Cent to Continue .
Till July, 1940
Reduced interest rates on fed
eral land bank and commissioner
loans have been extended by fed
eral legislation for a period; of
two years, according to word re
ceived from the Fedreal Land
bank of Spokane by W. S. Bart
lett, secretary-treasurer of the
Salem group of national , farm
Joan associations. '
On federal land bank loans
through active national farm loan
associations the temporarily re
duced rate of ' 3 : per' cent per
annum will be continued for all
interest installments payable prior
to July 1. 1940. On loans obtained
directly from the land bank the
rate will be 4 per cent.
"The temporarily reduced rate
of 4 per cent on land bank com
missioner loans is also continued
until July 1, 1940," Mr.. Bartlett
said.
Contract Rate Unchanged
"The temporary Interest reduc
tion does not change the contract
interest' rate, : that Is, the rate
written in the mortgage at the
time a lean was made. At present
the contract rates on new land
bank loans are 4 per cent for
loans through unimpaired associa
tions, and 4 per cent .for direct
loans. The contract rate on all
commissioner loans made through
the land bank is 5 per cent. Under
the law, as now amended, both
land bank and commissioner bor
rowers will resume interest pay
ments at their-respective contract
rates on July 1, 1940."
"Farmers who now obtain new
loans through an active associa
tion at the 4 per cent tbntract
rate." Mr. Bartlett continued,
"will get the benefit of the 3
per cent, rate for all interest in
stallments payable prior to July
1, 1940."
Accident Victims Home
AIRLIE Mr. and Mrs. Fred
Aebi are home from the Dallas
hospital where both have been
confined for the past month fol
lowing a wreck in which a CCC
truck collided with their car. ,
Closing Quotations
NEW YORK, Jnn
Air Reduc 50 H
Al Chem efc Dye. 152
Allied Stores ..
Am Can . . ... .
Am & For Pow.
Am Pow & Lt..
Am Rad A St..
Am Roll Mills..
Am Smelt & Rf.
AT&T . .
Am Tob B
Am Wat Wks.
Anaconda
Armour 111 . . .
Atchison ......
Bait & Ohio. . .
Barnsdall
Bendix Avia . .
Beth Steel
Boeing . .
Badd Mfg . .
Calif Pack .......
Callahan Z-L .. 1
Calumet Hec . . 6
Canadian Pac .. 5
Case (JI ..... Sl
Caterpil Trac . . 43
Celanese 13
Certain-Teed . . 6
Ches & Ohio . . . 24
Chrysler .. 45li
Col Gas & Elec. 6
ComI Solv .... 7 T
Comwlth & Sou. Hi
Con Edls 25
6tt
90
3
6
. 11
.lilt
. 38
.132
. 73
. 8
. 26 4
. 4
. 26
. 4 74
.14 .11
48
24g
4
20-(rP)-Today,a closing prices:
Consol Oil .... KR . . . . 15
Corn Prod .... 65 Phillips Pet .
Curt Wright . . 4 Pressed St 1 Car. 6
Douglas Alrcraf 46 Pub Serv NJ .. 28',,
Dtt Pont ...... 101 H PuUman ...... 25
Elec Auto Lt .. 16 Radio ........ 5
m p A i t. 10 Rem Raid 11:
. 1 nep
36 Sears Roe ...... 60
29 Shell Union ... 13
31 So Cal Ed .... 2 1 V
18 Sou Pac 11
15 Stan Brands ... 7
6 St Oil Cal ..... 27
s i St Oil NJ. . '. 4 8
10 SHadebaker . . . 4
5 4 Sup Oil 2
44 Texas Corp ... 40
29 Timken Det Axl 9
74 ifr Union Carb. . . . 68
32 Union Pac .... 65
30 Unit Airlines. .. b'
98 Unit Aircraft .. 26
43& Unit Corp 2
34 Unit Gas Imp.." 9
7 US Rubber .... 29
24 US Steel 45
194 Walworth ..... 6
6 West Union ... 22
12 White; Motor .. 8
1 9 JVool worth .... 4 3
8 V(Curb)
3 CitlesServr .... 8
66 Elec Bond & Sh 7
Erie RR
Gen Elec .....
Gen Foods . . . .
Gen Mot . .
Goodyear Tires.
Gr No Ry Pf . . .
Hudson Mot . . .
Ill .Cent. ......
Insp Copperi,'..
Int Harvest .. . .
Int Nick Can . .
Int Pap & P Pf.
I T & T. . . ... . .
Johns Manv . . .
Kennecott. ..
Lib O Ford . ..
LIg Myers B. .".
Loew's . . ... . . .
Monty Ward ...
Nash Kelvinator
Nat Rise ......
Nat Distill
Nat Pow &.Lt. .
NY Cent'. . ....
North Am"..
Northern Pac . .
Packard ......
J C Penney....
Rust Gives new
Boost to Wheat
CHICAGO, June 20-jJFy-Oml-nous
-reports of black stem rust
in some . of the best domestic
spring crop areas did much to lift
Chicago wheat values 1 cents
today;
.At the close, Chicago wheat fu
tures were -1 higher com
pared with Saturday's finish, July
78-78, Sept. 78-79; corn
off to up, July 57-, Sept.
58-; oats elevated rye
unchanged to advance, and
provisions unchanged to a bulge
of 22 cents.
Late advances of . wheat values
here - accompanied even sharper
upturns at Winnipeg, where there,
were net gains of more than 2
cents a bushel.
Minnesotans Visit
BETHANY Recent guests at
the Silas Torvend home were Mrs.
Torvend's brother and bis family,
Mr. and Mrs. Nels Pederson and
Palmer, Alices Edmond and Nor
ris, all of Bejou, Minn.
Stocks & Bonds
June 20
Stock averages
Compiled iiy Ihm Associated V
1 It. a m
- liU .lndna. Kails Ctil
Today ...-.l 59.4 13.9 O 30.5
Previous daif, 56,5 13,0 2 4
Month usot-i 56.6 13.8 30.1
Year aro 89.2 38.5 40.2
1938 high, 68.2 21.6 34.9
1938 low ...... 49.2 12.1 24.9
lf37 hih..4..101.6 49.5 54.0
1937 low ; ..." 57.7 19 0 1.6
BOKP AVERAGES
Today
Previoua day
Month Btgo..
Year ago L
high
low ,jl..v
high
low :
1038
19M8
1S37
1037
20
Rails
47.i
46,2
53.0
S2.8
70.5
.46.2
99.0
70.3
10
Indus
1 U.7
95.6
97.0
102.7
98 0
93.0
104.4
95. 5
10
Uti
H9.5
f5
911 0
97.5
92.2
85.8
102 8
90.3
rcss
60
. ,
oivri
40.6
3S.7
39.1
HI
47 9
83.7
75.3
41.7
10
Ferrn
61.9
J
72 8
67 0
61 2
74 7
612
POLLY AND HER PALS
The Little Things in Life
By CLIFF STERRETT
a.
' DEAR ME,I CAN'T FOR
THE WORLD THINK WHAT
S.TO &IVE MAJSE POR. A "
yWEpDtN&TOE5ENTl
HOW
COME?i
WELL, YOU SEE.I WAMT
TO GIVE HER SOME
THING THAT WILL.
BE REMEMBERED.
WWEHVIIMVE UVED
AS LONG AS I HAS,
yUW'LL RND T BE
REALLV RMEMBERED
THEY'S ONUy ONE
KINDA GIPT T GIVE
J
. ( WHAT KIND IS !
THAT, MA? J j
T- r"Vn frw-Tfs v-A--M Irf 'Sf,4 "4fs nr- "?t
MICKEY MOUSE
Back-Fire !
By WALT DISNEY
? haw-haw! TWO 'whajls,eh?
well., dats all. right d' old
- time bomb'll take v.
5 rv& C shootin'? JTTtjfc
LITTLE ANNIE ROONEY
Take a Lesson From Zero!
Bv BRANDON WALSH
W DOTT VtXl CRY, EVA EVEM IPVOO DlO IW Nr J
(SeOCffAPIiy TOQsY, r LL BETCMA TOMORROW MAY0E.) J
I THE QUESTKDWS WOMT DC SO HARD AW VCXJ c s7"
I CAM AUSWER'EM r$m J .
vOU KMOW. CHPISTOPMER COLUMBUS
TERRIBLE SMART-. HE WAS
ALWAYS TO Dll- f- tf?EMT
PLACES - BUT I'LL BETCHA EVEN
HE DIOWT KNOW WHERE ALLTHE
PLACES VvAS,CAUSE THE. WORLD
7 IS AWFUL LARGE
M
Besides, in spelling you werc grand -
I NEVER SAW A K1U AS LTTTLE AS XXI ARE,
SPELL SUCH GREAT Bl& WORDS YOU KNOW
HOW TO 6 PELL ELEPHANT - AN LOTS KIDS
Bigger tham yckj kim hardly spell.
OM.ANNie- Oh. Sure lotsa times -but i
ZERO 13 THE Y GOESS ME KNOWS EVERYBODy
SMARTEST VOCt I MAKES MISTAKES - SO WHEN
I EVER SAW HE MI55ES. I PUT THE BOOK
DOeSMTHE A BACK ON Hl5 HEAD AW ZCPO
EVER LET r- i JUST WAGS HIS TAIL
A BOOK "1 AN' KEEPS
FALLr J 7 TRYIN
Cf, K.
. S.. I
TOOTS AND CASPER
In the Hands of the Law
By JIMMY MURPHY
THAT HORRID DETECTIVE
W LITERALLV THREW CA5PER
IKJTO A POLICE. CAR AND 1
VS.': DROVE, AW Ay
t trnt iwr "5.
THAT STOLEN
MONEY HIDOEM
IN MY WINDON
SEAT AND
THAT'S THE.
-tOSPEU
TRUTH !,
AJfsrtTH!NT YOU
SAY WILL BEv
J-5ED A-yAINST,
YOU, SO PIPE
. DOWN
WHAT HAVE THETY THAT'S
DONE WITH MY HUSBAND?) FOR THE
PLEASE LET ME SEE COURT
HIMHE'S INNOCENT! - S TO DECIDE,
MAriAKl'
5TTEP ON IT, DON'T MAkE A.
MI5TER! YOURS "SCENE. PLEASE
DUE IN COURT-r-X IF HE'S
NOW! CASPER, INNOCENT
MY POOR 1 HE NEfcU
DARLINj-NOT WORRY
t ffi
THIMBLE THEATREStarrins Popeye
His Royal Majesty Chirps!
By SEGAR
'HOPE HE VN'CE CRCWN riA UPWGKT FrVRMtR)
UKES HIS REAL. AMD WORK MY
ROeE rl DAMNGSt , FINGERS TO THE X
v V TOO EH? BONE PLANBN
: V LESCjO'j w-BAEAGES
AND THEN THEM
DERN oemons
POP RGHT UP
AMD STEAL. MY
f KING SWEEPEAA j . ' ' 1 I
VA GOT TO DO K fitnN y" - r:
W" . '- ' - GOOD- J DOWN! y