The Oregon statesman. (Salem, Or.) 1916-1980, September 08, 1939, Page 16, Image 16

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PAGE SIXTEEN
The OREGON STATESMAN, Salem, Oregon, Friday Morning, September 8, 1939
War Boom in Grain
Prices
Continues
Break Made in Salem Market Quotations
. . ; - - . s . - - - .
Trade Deadlock
fluctuations ' Are ., -Widest
In; Years; Trade , Is.
, Orderly,' Brisk i
"X CHICAGO, : Sept.' 7. (P)-
tDite hem profit. taking
Caataloapas, crata
VTaiaraaio.c. in
Baals. ol.
Cater. Dtah. 1.S5: loeal.
Con. Dos.
CaeaBbm. ootdoot
Lattaca
I Oaiona. tO lb.
Qra man.
Kaaisbaa dot. -Pwi.
CO-it lb.
Pampers, graaa .
Parsia
Patatoaa. loeml awL.
tO lb. aafs
Jpiaaca, Saattla, bos.
Tump. o- .1 i. i
Sqoash. So.
De-
which
caiued. a. temporary grain market
relapBe, the war" boom in train
nrlr continued today . . ' ' 1
" RrMiVtiir of the recent tradlnr ctbeua. lb
4.Wv: vlt in the" larrest rOarrota, local, dot.
"yr , - " fr OMtiflowtr, --local
DUBincss ana ;in w . -
rapid, price floctuwions in jwr
'Millions of , bosnels - or grams
Yl a n trnA hands. -''ri.
- rtiraciora of the 'board Jof ".trade
'jinnhlAd the limits lor dally price
Animations, . thns remoTing v the
hridiA that has checked market
Minn ais.ee Friday. ' At the game
time, bowerer, they ordered sharp
Increases In margin requirements
in an effort to keen nnrniy specu
latire activity out of the market.
The result was an orderly dm, ex
tremely brisk trade with heary
dealings by milling, export and
other commercial Interests whose
activities have been throttled by
the recent market tie-op..
Profits Taken Early,
wheal: tumbled as much as 4
In the early rnsh-to . Uke profits
accruing as a. result or aimosi
- rent a 'advance in fonr sessions.
commercial buying absorbed much
of this selling, however, and after
mldaesBlon there was saarp
rise with prices advancing Mo
almost 8 i cents a, busnei irom
oariv Iowa to the best levels since
March, 1J38.1 Wheat closed 1H
2 higher than yesterday, . Sep
tember 88-, DecemDer oo
B1 - i
finmfl nf the selllnr in wheat
was associated with the increased
margin and removal of Argentine
minimum prices as well as re
norta of efforts to conciliate the
warring nations in Europe. The
ranaiiftn wheat board was re-
nnrti apllinr and export busl
-ah in Canadian wheat was esti
mated at BOO.ftOO bushels. Cables
reported the United Kingdom has
honrht more man iu,uuu,w
hnanoia" of Argentine grain the
la at few dSVS.
Th break In the deadlock in
trail touched off a big business
in eah train. Bhippers sold
58 000 hnshels of wheat and
212,000 bushels, of corn. The
.nnntrr -old 111.000 bushels Of
torn to arrive here. Some red
wheal aold aa high as 92 here
whtl white corn reached 684
Heavy profit taking occurred
in the provisions trade but lard
held on to much of the gains or
65 to 68 cents
ntoiTs
(Baylna Prlcat)
aa tale- aapplta4 by a 'x'
arawar aad tadteatlva a tba dailj aaaraa
arleaa paid to frowera Sr. aalaav
Sat art aei . guaraawt a ej jm
asaa.) " .' " -, . t-
Baaaaaa. lb. aa atala-
Uaaaa , , . ii
erapoa. Calif., aaadloaa z.as .
krapctrait; Call! . , ... "-;! .
Lauras, eraia ; i '
Oraasaa. erala
1 Avocados, crata
SJtO to 4.00
l-
--- 1.20
f. "1 -
VTtt-TASL-B
CBaytaf ntcoa)
Na. 1.
.
- .MVS
M . -
- 1.85 -
.
.la--,'
i 1.00
ao
.OS
- JO
.40
1.10
.4ft
1.00
JJ5
AO
Jts
Xamatoaa. Oalloa,
(ftlca paid by Indepaodaot racklai plant
to growazi
Walaata fraaoacttaa. (aacy. 13a ma
dlaav 10a: asall Sa: orchard rja. B to
10a. Walaat aaata, ao to owe in.
nlbarta Barcaloaaa. tarra iiai ibb
T It babita, orchard raa 11a
moan men to wivwaii
WtauPHca rant a. daocadiBa opoa
wuj anu roa la 14 Oiffaraat graaaa M
ISO. Uacailiy I caar Bigaar.
aors
(Saying Frlcai)
CTuttera, 1939, lb. .0
KVVb UU avni
(Baytsa rncoai
Wool. Btadiam, lb.
Coarto. lb.
Lamba. lb.
.aa
Mabair. lb ----
ZQQS AST) rOUtlBI
(Bartni rrkas of IndTtaoa'i)
Grado A larca, doa. .25
Grada B larfe. dot. .21
Grade & raw ' per ceat'
milk. Dairy Co-op price to
distributors $1.52.
Batterfat, ' No; 1, 2AH I
No. 2, 24 He; pmnlaun,
"A1 grade print, 80He; B
grade 29 He; quarter 81 He
Stock Market
Waver
Grade A atedlam
Pnlleta ,
Colarrcd frya
Wbita Loghoraa, baary
Wkita . Losbora frra
Whita Lofhornt, Light
Old rooatora
Baavy baaa, lb . ...
.11
as
"J4
ji
.ii
jo
45
JS
Battarlat, flnt quality --- ' .
Butterfat. aacond quality -,
Botterfat, premium , - -7
Losberv baaa. - '
Logbora tryora. I Iba, .. , , J
nAlarad frrara. l-Ulba. 10
Colored apriaft, 4 iba. aad. ap
Colored baaa
8taca ,..
Old Roottora
No. B grado So par pocad Iota.
Eoaa
Grade A larae. doa. .,
Grado A medium .
Orado B largo
Grade B atediom
ITadorgradea aad ebex-
PnlleU
ja
ji
.04
.04
.as
.si
.21
.IT
JI
.13
UTOSTOCK
f Burial erica fox SI a. 1 atook.
condiUooa aad aalea reported ap ta 4 p.av
Lamba. 1939. tope S.50 to S.t5
Lamba yearliaga.. f J?
Ewea , i. m i 8.00 to 2. JO
Hoga. top mg J-JO
130-150 Iba. 1-M.15i to S.00 .
250-300 Iba. T-oO
Sowa . 00
Baal eowa " , . o S.9S ;
Balla '
Heifer - .00: to S.S0
Top veal ... , -0
Dairy type eowa - S.50 to 4.50
Dreaied veal, lb. , , J
OSACf. HAT AID BIZDS
TJnqnoted becaato of anatablo war
eoaditioot.
Quotations at Portland
PORTLAND, Ore., Sept. 7. (AP)
Produce exchange:
Batter: Extra 27ft: itanaar.a .aj
prime firata 25 H; fima 22.
Buttenat -il-ii-ii.
Km: Larze extras 27; large staadard
20; medium extras 20; medium stand
ards 18; small extras 13; small stand
ard 12. .
Cheese: Triplets 13; Kal la.
Portland Produce
Gardeners1
Mart
PORTLAND, Ore.. Sept. 7. (AP)
(C8DA) Prodoce price:
Applet Oregoo GraTenstolaa, combine
fee pica, i.iia-i.sa; crao
and fit' Back. (lata. 50 60e
lb.: Wasbiagtoa GravensteiBS.
wratnad and narked. 1.25-1.85:
fill 'pack. 1.00-1.25; Kings, loose 73-85
box; Baldwins 65e; Winter Banan 50c.
Artichokes I do, boxea. x.oa-a.a.
Aanarana Oracon. W attain rtoa. SO
lb. crata. Na. 1 baacbed 1.50 2-75; string
1 50
A e ad o s Calif. Qaeea, Sharpies.
Benik. 1.15-2.00; ethers. 95e-1.15.
Bananas bonca. So par lb. ; head
Mt aff ap amali ta. Sc.
Beans Oregon, Kentucky, S-4c; Blue
Lakes, 8-3 Vie; Tonnt, 4-5c lb.; Shell
pans. 75-85c per log; few 1.00; Oregon
giants, 67e. .
Rarrica Rainberries. 2.002.50: blark-
etpt. 1.15 1.85; baekleberriea, 1113c;
blackberriea, SO 75e; currant, 1.50-1.85.
Cabnaae Local 80 Bound crates, 80-
0e; old eratee, 75-80e; large, 10 lower,
Carrots 20 22 He.
Cantalonoet Washington, all tiset 85c
1.00; special brands high as 1.80; Spears
85-75e: Oregon, 1.00-1.15; DiUard, 1.85-
1.40; few 1.50.
Cauliflower Local, 9-lls, 1.10-1.15;
a. a 40-50c.
Celery Oregon, white 90e-1.00; Utah,
T5-85e; .earts. Utah, 75-80c; white, 75c
1 00 per doien. .
Citrus Fruit California grapafrait,
1.80-2.50, fancy. 1 50-3.00.
Lemons Taney, all sixes, 5.25-5.75;
choice. 4,75 6.00.
' Limes Calif, flat. 150s, SUi dia
ala aartona. 90c doieaa SO 25e.
Oranges Valencies, large, 8.75-4.75;
small to mediant 2.75 3.00.
Com Local 4 dot. botes, 75-90e;
poor, 64-70e; Wasb 80 90e.
Cncumbara Orecoa. flats. 85-40e
pieklaa e. 1, 40-45o; Ha. S, 45c; No. 8,
iOe. . - -
tit PUst Calif, rata. L15 1JI; S-7 I
par lb.; local tut. 40-aoe; law oae.
rigs CaliL, fUts, beat 65 75e; blaek,
1.00-1.25.
- Garlio Local aew S So lb: string S-lOe.
Orapee Cabr. aeedleta 7 So-1.1 s lag:
Lady Fingers, 1.00-l.rO-. Tokays, 100
125; Bnbiers, 1.20-155; Washington Con
aorda. lua eO-76c
Lettoee Local dry pack, S or 4 doa.
bast 1.00-1.35; Wtshingtoa topped, 1.65-
1 75; poorer 1.15; California lead 4 dot,
d.oo-4.25. - - - . - -
- Helena Watermelons, Ore- California
Klondike aad stripes, 1.00-1.25 par twt,
eratea extra. - fioaeydews Orates. L00-
1.25; Caeaba loose, lA-3a lb. Santa I
Claae. 1.25-1.83 per flat; lee Cream. 1V-
So par lb.; Calif. Porsiana, 1.35-1.5(
Cat. -
hlnshreom Caltleated 1 lb. aartoaa.
80-85e: H-ib. cartons. 17-18a.
Nactarlaoo CaUf- 78-90e.
Oniona Walla Walla Spanish medium.
SO-70c, largo 75-85e; Yakima yellows.
65-70c; Ore ran pickle onions, largo wta.
a-5tt; amaii iota, a-ac
Pesebes Oregon-Wsthinrtoa Cbertsa.
SS-5e: (mall. 65-60c; Hales, 75-85e
hg, Oe-1.00; Heirs, 4O-70; Slapploa,
S5-70C - - . - - -- '
Pears Washington ex. fancy Bartlett
wrapped, 1.50-1.0; looee, 1.001.7 a;
an.hard ram. 45-75e: noor 40-504.
Peei Ore ron coaet, 25 lb. boxes 1.65-
1.75 r few 1.85. .'
Peppers Oretoa flats, gTeen, 1015c;
rod 1.15 - ".-,.--.;-'
Plama Calif. Santa Baaa. 4-baakot
arataa, 1.10 1.1 1: Waabtnttoa California
Baantiaa. flat , 60-65e; Orefoa ' 1 tali ana
PORTLAND, Ore.. Sept. 7. (AP)
Country Afcate Selling price to retail-
ere: Country tilieo nogs, nest ooicners
under 100 lbt. 1112c; Tetlert 14-14 c
light and this 10-12e lb.; hesry B-lOe lb
spring lamba, 1415c lb.; yearling lamba
10-izc lb.; ewes a-oe io. ; cuiver eowa oc;
eanner cows ) io.; Duns vve io.
Lift Poultry Baying price: Leghorn
broilers 13e lb.; roa iters, over 4 lbs. 14e;
S lbs. ard over 1415c lb.; Leghorn bens
over SVfc lbs. lie; Leghorn bens nnder
SVt lbs. 10-11 e; colored hens to 4 lbs.
14e; over 5 lbt 15c; No. 2 grade 5e leu.
Turkeys Aew crop bens ana id :
torn. 22 23c.
Potatoes Deschutes (J ems, 1.75 cental.
New Potatoes Yakima Gems, 1.30-1.40
ewt.; local whites 75-85c orange box;
Si-appoose Burbanka, 1.15-1.30 cental.
Onions Walla Walla, 60c ssek; xakt-
ma 45-soe sck; uregon uermuaaj, -
2He lb.
Wool Eastern Oregon line 20-zi,
eroeibred 22 23, Willamette valley 12
months 25, lamb 20c lb.
Hit Hellmg price to retailers; Altai
ta. Ha. 1, 10.00 toa; oat-vetch 13.00 ton:
alovor. 11.00 ton: timothy. eaUra Oro
son 19.00: valley timothy. 14.00 toa
Portland.
Hops Oregon 1939, 22-83o lb.; 1988
Clusters 25c lb.
afohair 12 months 80c, fall 35o lb.
Caecara bark Buying price 1989 peal
4c lb.
Oomettle fiour Belling price, eity da
Uvory, 1 to 25 bbL lots: Family patent,
49s, b. 75-7.85; bakers' bard wheat, set,
4.75-6.00; btkcr'a Bluestem, 5.55-5.85;
blended wheat flour, 5.60-5.95; soft wheat
4 25-5 30: graham, 49s, 5.50; whole
wheat, 49s, 4.95.
Filial Hour Profit Taking
Cuts Adrances, Turns
Some Into Declines : .
NEW YORK. Sept 7.(rP)---
The . stock market moved: ahead;
briskly at times today but final
hour profit" taking cut many ad
ranceB and ' turned : others Into
declines. .. ; '. :. ": : - 'fcx
Prices started no from'.tliex le
gtnningr, ; gained- momentum, thien
slipped toward midday. Another
burst of buying followed, but ,vtt
failed to hold - through the' latter
part of the session when offer
ings were fairly heavy.
Volume was far over that of
th past two days, with trans
fers totaling 1,697.280 shares
with 3,942,840 yesterday. The
Associated Press average of CO
representative stocks added .1 of
a point at 60.2.
Brokers noted that today's buy
ers were inclined to break away
from the purely war benefit
stocks And chose as well those
likely to be aided by business re
covery in this country. The
theory was that many of these
had been at about present levels
earlier la the year when it was
thought Industrial activity would
not suffer any spring lag. The lag
came, but summer production was
better thin had been expected
normally.
Many Forecast Upturn.
Some analysts have been hold
ing that, conflict or no conflict,
the market was behind the busi
ness level and that the recent
upswing might forecast a new upturn.
Among the groups which held
gains at the close were the re
tall stores, metals, motors, rails,
chemicals, sugars and some of the
miscellaneous manufactur
ing shares. On the other hand
steeis, runners and utilities were
heavy.
The war in Europe was by rib
means forgotten, but traders con-
Hops
feosed themselves at sea as to
Us duration or the form subse
quent developments would take.
An Italian report that Hitler
would gobble Poland then sue for
peace with, Mussolini as mediator
was carefully- discussed.
US government loans slipped
then came back In the bond mar
ket, obviously, dealers said, under
federal, reserve bank support. Do
mestic corporate bonds were like
wise hither. -v ' ' .-''?.
In a scrambled curb market
gains --ranging to more than a,
point-were-ecored.
' : " C '
toport of
: mar -a " nn. i
, i ia. m.M.m-m.-sx
,4 - wr: '. ' 'x -f
, PORTLAND, Sept. ',: f-p)Re-cent
sales Indicate a shortage of
imported hops because of the Eu
ropean war, Oregon hop growers
and buyers reported today.
The hop harvest la Czechoslo
vakia and Jugoslavia probably
will be Interrupted by the war,
thus wiping out the local grow
ers' problem of Imported hops
and surpluses, they said.
Because most of the American
hop importers are easterners, lit
tle Information can be obtained
on the 1939 prospectus.
Latest sales, have been at 25
and 26 cents and indications are
the price will reach SO cents.
Growers said 3000 additional
pickers could be used in the Wil
lamette valley for 10 days or two
weeks'.
Scio Agricultural,
Conditions Said Good
SCIO Agricultural conditions
are reported favorable in the Scio
area as result of an Inch and a
half of rainfall during the latter
part of August. Much fall plow
ing and seeding already have been
done and thousands of acres will
yet be sown, it is stated. Pas
tures are being renewed.
Water courses were somewhat
swollen as result of freshets and
wells and springs that have shown
eirects or a ary summer are re
ported considerably replenished
by recent rains.
Sunday Trip Made
By Gates Families
GATES Mr. and Mrs. Ed Da
vis and Buddie, Roy Grafe, Her
man and Willis drove to Kirby
to visit with the Fred Jones fam
ily over the weekend. They also
went to Crescent City and the
caves, returning over the . Coast
highway. i
Visiting at the Ed Collins home
over Sunday, were Mr. and Mrs.
Helmer Rue from Silverton, Mrs.
Bill Carson from .Whitelaw, Cana
da, and, Mr. and Mrs. Bud Trench
frOmj? Portland, on their return
trip: from Crater lake; "
r.Wayne' KelleyVMr. "and Mrs.
Charles Mills and -two sons from
Portland andVMIss, Jennie Lewis
from -. Hawaii - spent V Sunday and
Mbnday with Mrs.- Elmer Asche.
-. Russell Wrigies worth from Ta
coma. Wash., spent the weekend
with ; his father, Ernest Wrigles-worth.
Woodburn Postal
Receipts Are Up
WOODBURN The postal re
ceipts for the Woodburn post-office
for the month of August of
this year were 31010.72, a gain
over the same month last year
of four per' cent with the receipts
being 3973.71, it was announced
here Wednesday afternoon by
Postmaster H. F. Butterfleld.
This was also a gain of $75
over last month when the receipts
were 31010.72.
Prune Drying Is
Begun at Albany
ALBANY Prune drying start
ed at the Widmer brothers dryer
this week with approximately
1000 bushels of prunes being han
dled a day. Employment is being
given to 65 men, women and
children at the big orchard and
in the dryer. It is expected the
run will last about 20 days.
In addition to drying their own
crop, Widmers are harvesting
crops of several neighbors who
do not have dryers.
War Effects Felt in Salem as Sugar,
Flour Stocks Depleted, Prices Rise
- - ' By BEULAH CHAPMAN
Salem housewives and grocers are learning what short
age in a time of plenty may mean, with runs on staple conv
modities nearly aepleting supplies of sugar, flour, beans and
nee in local warehouses. H
Housewives, deciding to play safe and stock up with ne
cessities when war was declared in Europe, have barpd tTa
shelves of. the corner ff rW u
which in turn have made a run on I , . " r
price is lusnried because of ren
eral business conditions, and that
it win be some time before prices
for staples reach the low level of a
week ago, if they go down at all.
Stayton Ginnery
Receiving Prunes
STAYTON The Stayton can
nery, is receiving prunes this week
with a big crop coming in.
The rains evidently did no dam
age as very ' few prunes re
cracked.
The bean pack was finished
last week.
Portland Grain
PORTLAND, Ore., Sept. 7. (AP)
Wheat: Open High Low Cloee
8ept. .87 K 87 4 7K 8714
Dec. 87 87 87 87
Cash Grain: Oata, No. 2-38T lb. white
24.00. No. 2-38 lb. gray 24.00. Barl
No. 1-43 lb. BW 21.00. Corn. No. 3
shipments 34.50. No. 1 flax 1.70.
Cash wheat (bid) : Soft white 88;
western white 88; western red 88. Bard
red winter: Ordinary 86; 11 PC 86;
12 pe 87; 13 pe 69; 14 PC 81; Sard
white-Baart: Ordinary 89; 12 pe SO; 13
p 93.
Today's car receipts: Wheat 49: Bar
ley 1; flonr 13; corn 4; oats 7; mill
feed .
5 Change in Pound
ibs, large. O
.85 ; face aad -srv la 11 1
jjeaung Aavisea
NEW YORK, Sept. l-OPj-The
New York foreign exchange com
mittee today announced it is rec
ommending to the money market
that because of delays In cable
transmission, beginning next
Monday the British pound ster
ling be dealt in here on the basis
of payment in New York and
Great Britain on the second New
York business day after the trade
Is made.
The action brings 'Sterling in
line with all other principal Eu
ropean currencies, in which set
tlements for many years have
been made on the second succeed
ing business day.
The committee, headed by R.
F. Loree, vice-president of Guar
anty Trust company, was formed
recently to handle any problems
in foreign exchange markets aris
ing out of the war situation in
Europe. -
Stocks and
Bonds
September 7
BOHD AVSBAOB8
Compiled by The Associated Press
20
Rails
Net Ch.. A .3
Thursday 73.4
raav.' day 72.1
Month ago 67.4
Tear ago 73.0
1039 high 77.0
1939 low 88.8
10
Indus
A .1
19.8
19.7
18.1 ,
19.4
38.8
15.7
10
TJtil
D .1
87.0
87.1
S9.S
S3.7
40.S
8S.7
10
Tor an
A .1
60.2
50.1
47.9
48.8
63.4
41.6
STOCK AVXXAOES
Net Cbf. .
Thursday -
rrar. day
Month ago
Tear ago -1939
high
1939 low
SO
ladus
A .8
57.3
S6.6
57.1
57.6
64.9
53.4
15
Hails
A .8
6.1
5.8
100.6
98.5
100.8
5.8
15 60
TJtil Stocks
A1.5 vA .4
92.7 '.49.4
1.3 49.0
6.9 69.8
8.1 63.4
7.5 64.0
0.4 49.0
Portland Livestock
PORTLAND, Ore., Sept. 7. (AP)
(USD A) Hogs: Salable 500. total 600.
Market active.
Barrows and gilts, fd-ch.
120-140 lbs 8 8.55 9.10
do gd ch, 140-160 lbs 8.50 9.50
do gd-ch. 160-180 lbs 9.25 9.50
do gd-ch, 180-200 Iba 8.650 9.50
do gd-ch, 200-220 Iba 8.65 9.35
do gd-ch, 220-240 Iba 8.50 9.10
do gd-ch, 240-270 lbs 8.25 8.65
do gd-ch, 270-300 lbs 8.10 8.60
do gd-ch, 300-330 lbs 8.00 8.S5
do gd-ch, 830-360 lbs 7.85 8.10
do Bed 160-200 lbs 8.100 S.85
Feeder pigs, gd-ch 70-20 lbs 7.50 8.76
Cattle: Salable and total 250: ealrea
salable 50, total 75. Market attire, steady
t strong.
Steers, good. 600-1100 lbsf 8.25
do medium, 7&0-1100 lbs 7.50
-do med, 1100-1300 lbs
do common. 750-1100 Iba
Heifers, med, 500-930 Ibs
do common, 600-900 lbs-
Cows, good, all weights
Ndo medium, all weights-
do cut-com, all weights
do eanner (low cutter, all
weights)
Bulls (yearlings excluded),
beef, good all weights,
do sausage, gd, all wts
do medium, all weights
do cut-com, all weights
Vealers, gd-ch, all weights
do eom-med, all wta
do cell all weights .
Calves, eom-med 400 lbs da
do cull, 400 lbs. down
S9.35
8.85
7.00 8.00
6.35 7.60
6.75 7.50
6.60 S.75
8.50 & 6.60
4.75 6.50
8.75 4.76
8.25 S.76
6.25
6.00
5.60
4.75
8.50
5.00
4.00
8.00 7.00
4.00 6.00
6.60
6.60
6.00
6.50
.60
8.50
6.00
Sheep: Receipts salable 850, total 550.
Market active. - -
Spring lambs, gd-ch . S 7.50 7.76
do medium and good ' 6.50 7.35
do common 6.75 6.35
Yearling wethers gd-med 4.60 6.00
Xwes, good to choice. 1.50 8.00
do common to tedium 1.25 2.50
Wool In Boston
BOSTON, Sept. 7.- (AP) (USDA)
Activity on the Boston wool market waa
somewhat less intense today than - on
Tuesday and Wednesday Sat a persistent
aemana eonunaeev Buy era ware allowing
aa increased resistance to the advanced
asking prices. Lata aalea, however, were
eloaed at advanced prices. Graded aver
age French combing length fine territory
wooi naa reaiuea aa cents, scoured basis.
aad tha same price baa been paid for
food French combing lengths of similar
wools la original bags. Bids of 80 cents,
scorned basis, have been received on av
erage to short French combing fine orig
inal territory wools. Prices in the rang,
88 to 40 cents, grease basis, have been
paid for traded combing three-eighths
ua quarter Blood bright fleece wools.
Closing
Quotations
NEW YORK, Sept, 7.-(rTJ-Today' closing prices:
Al Chem ft Dye 187 Commer Solv
Allied Stores .. 8 Com with & Son
Amer can ... .107 V
Beauties, flat . 60-65e; Oregon ' 1 tali ana l amer g or rpw -
30-800 per 30 lb. lag; Bradshaw 75e par I Amer POW 4 Lt S
35 lb. fag; Damaoaa 35-46c; Hungarian, I pnr1Rt Ran' IU
Amer Roll MUls .19
50 60c.
Potatoes Oreroa local White Rosa. OS
' No. 1, 1J5; CS No. 3, 60-lb. sacks,
40-45e; Bassets, US Na. 1, 100-lh. sacks,
1.45-1.50; No. 3, 45-47e; 35-lb. sack,
' - 37e. ,'-.---. : r1- '
Quince Oregon loose calls eat,-5a lb.
- Rhubarb Nominal.
8 o la at h Local, erases box. 60-70e.
- Squash Oregon flat Zueeklnl aeallopa.
S0 85e: Sralloe and Crooknecks. 85-40o:
Paaish, large crates, 15-85e; Vlarblehead,
Sweet Potatoes California Jerseys, 60
lb. era to. 3.00-3.10. '
Tomato aa Oraaoa. field srowa. ' flata
45-50e; Ho. 3 80-40c; local Nol, 60-65c;
0. 2, 45-65C.A " " '
Doerflersto Return
To Waldo Ilills -
. WALDO HILLS. Friends have
, heard from Mr. and Mrs. Joe
Joe Doerfler who own a ranch
In the Powell Butte vicinity, that
they will return to their Waldo
Hills farm for the winter. They
' return here each autumn and
remain until early Bprint;.
Consol Edison
Consol Oil j ....
Corn Products .
Curt Wright . . .
Doug Aircraft
18 Nat Dairy Prod.
lttNat Dist ......
80 NatPowdkLt..
Northern Pacific
84 Packard Motors
8 J C Penney . . . .
70 Phillips Petrol
Am Smelt ft Ret 8S Du Pont de N . .181 Pressed Stl Car
Amer Tel ft Tel 181 Elec Pow ft Lt
. - MM-
Amer Wat .Whs.
Anaconda .... .
Armour 111 . . .V
Atchison ......
78 Erie RR ......
11 Gen Electric ...
87 Gen Foods;....
5 1 Gen Motors ....
28 Goodyear; Tires.
Barnsdall . . ; . I Great Northern .
' 8 Hudson Motors.
18 A. Illinois Cent ...
80 Insp Copper ...
24 Inter Hartest ..
24 Inter NIckf Can
Int PapftPuIp Pf
Int Tel ft Tel . .
Johns-Manville
Kennecott ; . . . .
Idbbey-O-Pprd
Bait ft Ohio
Bendix Avia
Beth Steel ...
Boeing; Air ....
Borge: Warner .
Budd Mfg .....
Calif Pack ....
Callahan Z-L W
Calumet Hee .a
Canadian Pae . .
1 Case V;;V. .
Cater Tractor . ,
Celanese '.,.,.
Certain-Teed .
Ches ft Ohio ..
Chrysler .....
24,
2
hs
6
8 Public Serv NJ
1 Pullman
38 Safeway Stores .
39 Sears Roebuck .
51 Shell Union ...
30 Sou Cal Edison.
27 South Pacific ..
8 Stand Brands . .
18 Stand Oil of Cal
17 Stand Oil of NJ
2 Studebaker . . .
50 Sup Oil .......
18 Timken Roll Brg 47
6
88
40
10
44
16
22
8
10
4
28
43
88
27
41
77
15
25
14
8
28
48
7
8
4 Trans-America
6 Union Carbide .
43 United Aircraft.
-43 A United Airlines .
78'LIg ft Myers B .101 US Rubber ....
54 -? Loew's t .. . . 34 US Steel . . .. .
25 ; Monty Ward ... 51 Walworth .. . . .
Nash Kelvlnator- 6 Western Union.
8 r Nat Biscuit .... 22 White Motors . .
82 Nat Cash ..... IS Woolworth ....
64
6
25
11
40
warehouse supplies. Since the
same action has been taken all
over the country, wholesalers, too,
are finding difficulty in getting
orders filled.
Declaring that there is "no ex
cuse" for the fear which caused
the, sudden run, one Salem whole
saler yesterday admitted . that his
warehouse is entirely out of sugar
andlthat, his flour stock is very
low.1 All other . Salem wholesale
companies report very low stocks
of Bugar and flour, as well as low-er-than-u8ual
supplies of beans
and rice.
Sugar Price Soars
Sugar was being quoted whole
sale yesterday at around $6.50 per
100 pounds. This represented a
raise of about 81.40 since Tues
day, lt was said. Price is so unsta
ble that refiners will take orders
only if subject to price ruling at
date of shipment. '
Flour, which has been advanc
ing about 40 cents a day every day
since last Friday, was quoted at
around $7 a barrel wholesale yes
terday, i
Both white and red beans have
advanced $2.50 a sack during the
wees:, wnue nee is up oo cents
nunarea. shortening is up cent,
while lard is up about 3 cents.
Some advance Is also shown In
soap.
Consumers Blamed
"Although we cannot immedi
ately fill all orders, there Is no
real shortage," one local whole;
saler said. "Central warehouses,
are bulging with many of these
products. Housewives, who are the (
first to complain about rising
prices, are themselves to blame
for the situation." i
A divergence of opinion was 1
shown as to whether prices would j
remain at the new high, or would
settle back to a lower level when (
the first burst of buying is over, i
Some grocers believe there will be
nothing to keep the prices up in
another week or so when home
pantries are completely stocked.
Others believe that some rise In
ft
PebAoitcU,
mm
f 300
We don't ask you what
you want to use the cash
you borrow for we don't
ask for cosigners! You
. get your loan the most
convenient way so why
do without immediate
funds?
STATUE
Finance Co.
A HOME-OWNED
INSTITUTION
a
(Chllds ft Miller's Office)
344 State St., Salem, Ore.
Phone 0261
Lie. No. S-216 M-2 s
POLLY AND HER PALS
Mutiny in the Kindergarten!
By CLIFF STERRETT
fi CANT SEE WHy ARITHMETIC YrjJ I NOW MA l XDU HAD Xa Ma X I K. " ACi 4
f( ( COMES TVUH SO DERN JT-V LTWO DOLLARS AN' ) A$ o 'a acj,
7 CMicuLrr now jess 1 i give vuh ive J y Vi c) 1 1 Ou r
I COME ALONS AW LISSEN ) ( DOLLARS MORE . S V- CZ S HYSTERICS' 1
, I CLOSE WHILE ME AN-MA S WOT WOULD 4.7 cs nz.iCKi.a. i
pax VJJ
MICKEY MOUSE
Dry Those Tears, Chief!
By WALT DISNEY,
I LOST BECAUSE OF THE MOST
STUBBORN. IDIOTIC, PERSISTENT
UTTB FOOL THAT EVER
f C WELL I GUESS THATS ALL' YE PLAYED K v. 1 7
I V DESPERATE GAME WITH THE uAVv-) I V
I m-vrt . - ' I V LIVE
YES, YOU? I SHOULD HAVE , 1
( FINISHED tOU THE FIRST r-
CHANOEI HAD r , Js- y
( WtWEU. )
WHY S
DIDN'T v'
eTv V INSTEAD OF
Tik LEAVIN' ME
Wli fS f IN THOSE 5
' because of mv cursed soft ( enough i
heart! i never could sv take him ji
BEAK tu SEE ANYTHING DiE' ?
BEFORE
LITTLE ANNIE ROONEY
The Consulting Physician
By BRANDON WALSH
MQ DOCTOR MA FEOOGM.SOMn.t I
AiKrracx.6H. j goinamo&wapsome
WAMT5M3UR rlACWCE R3 AGLASSOF
, AOvice 'Bout KT-r wps-i BtrnrEfeMiLK
1 t-
aars. ewuce vA3crre to he sister
OUT WEST, TE LUNG HEW HOW SHE LOST
HER HOrvVC AMD HAD NO PLACE TO LIVE
VESTEROAY AAPS. SPRUCE SAID SHE
OCT A LETTER FROM HCt? SISTER f4
mi r . 11" . V-M . AOi it I
GOING TO VISIT HER
I
MM-M.' LOOKS BAO -BUT WE MUST NOT THINK
TOO HARD OF HER STER UNTIL Wt KNOW THE.
FACTS TLLTRV TO FIGURE SOME WAV HER ,
FRIENDS CAN HELP MRS. I
SPRUCE WITHOUT
MURTS4G HER
FUIJNGS I
ft SHE WAS ALWVS
K GOOD mibMPMr I
I.
m
:1
fiFE. 7FBO. I GOT THE WIM-VvAAAS
SOMETHIM TERRIBLE WHEN MRS-
c&QUCr GOT THAT LETTER FROM
HER SISTER- HER FACE OOTAWFUU
WHITE. SHE DIDN'T SAV NOTH1N",,
BUT I KNOW SHE FELT BAB
ALL OVEK-
if r
f
TOOTS AND CASPER
WhoTl Collect the Cash?
By JIMMY MURPHY
V 1EMEM8ER E RAFFLE I TOLD OUR TICKET WOM VEE, COLONEL I vHV SHOULD
I about And You WENT J first PRIZEWE j HOOPER, i d ASlr V VOU lEP IT
I HAL P WITH ME ON A TICKET f 6ET THE S2000.?2 j FORtjOTTEM f 7"fJ2K.T J AT YOUR
A. FIRST PRIZE TO BE J , ONLY THEY DOWT ft AUt &OOT f LOCKED UP V Urtp"lT5 l
tbrx,200? W CASH! -7 5pATOFF ItLCcmMB I AT HOME. HHL TFf. )
HT
I'LL ZjIVE
VOO YOUR
HALF OP
THE MONEY
WHEN
I COLLECT
-r ,
YOU IVE ME
THAT TICKET,
AND I'LL -rlVE
YOU YOUR HALF
OF THE DOU&M
WHEN A
X Collect I
jr a
IMMY
NOW. NOW. BOYS I
H , MONEY HAS SPOILED
URPHY A FRIENDSHIP.
THIMBLE THEATnESLanlng Popeye
The Butler Burns Popeye up
PERHAPS ISHOOLDlKl I -.TSFTiYA I
suRMTHis yfym ACPI! aa l JL
RUBBISH 1V4 THE J$W Aoci tfHk W 0
ACP VAT
IWJClKJrCaTtvV
1 YAM RUBBISH'.
1