The Oregon statesman. (Salem, Or.) 1916-1980, March 21, 1940, Page 12, Image 12

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    PACE TWELVE
wniUT i Mit . .
Wheat Prices
Soar 3 Cents
Traders Return to. Market
After Peace Talk
Fade in Europe
I CHICAGO, March JO-(ffV
Manj traders who sold their
wheat holding during the re
cent period of widespread peace
' talk In Europe rushed back Into
' the market today at prices soared
more than 3 cents to the highest
lerel in almost a month. Prices
at other world markets also were
. hi-her. with gains of about two
cents at Winnipeg and Buenos
Aires.
News of British air raids at
Eylt and efforts to form a more
Jkgresslre war goTernment in
France, coupled with statements
of British leaders the past two
days, squelched peace talk that
has dominated wheat trade for
almost a week. i
Prices rose 1H cents at the
opening, held steady for about
three hours, except for several
dips of about Vi cent, and then
resumed the climb in the final
hour. Closing figures were
3 Vi higher than yesterday. May
fl.05-. July fl.04-1.03-
Pessimistic domestic crop re
ports also had an influence in
the prices upturn although this
news was little different I from
the unfavorable data available for
some time. However, around
. freexlng temperatures in ! some
sections of the southwest and
lower readings in the northwest
attracted attention, particularly
in the rye pit. A large acreage
to winter rye is located In the
northwest. There were reports of
light snows In some sections oi
the. southwest and fairly heavy
precipitation through much of the
so:t wheat zone.
. Some, buying of wheat at times
was' credited to mills. European
buyers were in the market for Ar
gentine wheat and export sales of
Canadian were estimated at 200.
000 bushels. Copenhagen import
ers were inquiring for US corn
but no business could be confirmed.
Finn Minister Studies Map
Thm OSEGOH STATESMAN. SaUzo. Orwgoo. Tliuxder Mbrntog. March tt. 1843
Yacht Good News r .Winner
y
-
t - t
'v i
1
5
J
-
I. . N. Pbonephoto
Hj-lmmr Procope
Hjalmar Procope, Finland's popular minister to the United States,
takes a look at the map to find new borders of his native land after
the peace treaty with the Soviet Union. The scene is Washington
Quotations at Portland
Stocks and
Bonds
Mareh 20
- B01TD AVXJL-OSS
20 10 10 10
Bail Indus TJtil Torf-
Wet Caa-s A Jl A .1 A .1 A t
Vrdnrlr- 11 M.J 49.7
PrsT. Dr 71-1 1S.S 18.4 49.5
Moath AfO 71.8 189 99.4 50.3
Yr Aro 7 19.7 5 48 3
1940 Hich 71.3 30.3 40 6 62 2
J940 Low 69.9 18.0 18 3 49.3
STOCK AVIBAOES
Compiled by Th Aiocitl Press
30 15 15 60
Indus lUila Vtil Btocki
Vrt Chnn
PreT. Dr
Month AfO
Ymr Ago
1940 Hick
.1940 Low
a .a
67.0
69 8
67.6
60.9
69.9
66.6
Cnch
102.3
102 8
102.4
100.0
102.6
101.9
A .1
96 8
96.5
96.7
94.1
96.8
96.1
D .1
63.4
83.4
60.5
60.7
53 5
49.9
PORTLAND. Or., March 20 (AP)
Produce exchange:
Batter: Eitrei 38 V; tBdrd 38;
prime (ireti 27Ve : firtta 87.
Butterfat 29-29 H; , ...
Ecft: Larf citrai 18; itandarda 17;
medium extraa 16; ttandarda 16.
Cheeee: Tripleta 15; loaf 16.
Portland Produce
PORTLAND, Ora.. March 30 (AP)
Country meata Selling pricea to retail
er: Country killed bote, beet butcher,
125 to 150 lb., 7H"8c; ealer, fancy,
15 15e lb.; light thin, 1012c lb.; heary
10 lie lb.; apring lamb, lie lb.; ewe
4-8e lb.; good cutter cow, 9 9 He lb.;
canner cow 8Vi-9e lb.; bull 10-1 le lb.
Lira Poultry Buying priee: Leghorn
broilers. 1 to 1 lb.. 16e lb.; do 2 lb.,
16c lb.; fryer, under 8 lb., 16c lb.; do
8 to 4 lb., 16e lb.; roaster, orer 4 lbs.,
18c; colored hens to 4 lbs., 14c; do over
4 lbs., 14c: Leghorn hens, under SVs lbs.,
10c lb.; orer 8 Vi lbs, 1011c; Ko. 2
grade, 5 less
Turkeys Selling price: Hens, 1718c
lb.; tome, 15c lb. Buyisg prices nominal;
No. 1 hens, 16 lb.; torn 14c.
Onion Oregon, 80c bag; T a k I m a,
85-40e per 50 lb. bag. Sets, white, 6 He
lb.; brown 54e lb.
New potatoes Florida, large 2.85-3.00
per 50 lb. box; small. 2.85.
Potatoes Yakima Gem. 1.45-1.55; De
schutes 1 40-1.50; Klamath, 1.25 per
cwt.; one Malin brand 1.50-1.60; local
Whitea 85c box:aks, 1.10-1.25 cental.
Sweets 2.40 crate.
IJay Selling price to retailers: Alfal
fa No. 1. 15.50 ton; oat vetch, 13 00;
eloTer, 11.00 ton; timothy, eastern Ore
gon. 18. 0 : Tallev timothy 14.00 ton.
Wool Ea tern" Oregon, fine 25-26c lb.;
crossed. 28-29e lb.; Willamette Talley,
12 month 29c; lb.; lambs, 20c lb.
Mohair 12 months, 30c lb.; fall, 29c.
Cascara 1939 peel, 4e 11).
Hop Oregon, 1939, 20 25c lb.; 1938.
nominal.
Domestic flour Selling price, city de
livery 1 to 25 bbl. lots: family patents,
Closing Quotations
NEW YORK.
Al Chem V Dyel
Allied Stores
American Can 1
Am For Pow
Am Pow eV Lt
Am Rad A St.Sn
Am Roll Mills..
Am Smelt V Ref
Am Tel & Tel 1
Amerl Tobacco..
Am Wa Works
Anaconda Armour 111 - -
Atchison
Balti eV Ohio
Bendlx Aviation
Beth Steel
Boeing Air
Borge Warner.
Budd Mfg
Calif Pack
Callahan' Z-L
Calumet Hec
Canadian Pacific
3 1 Case
Caterpil Trac
Celanese
Certain-Teed
Chesa & Ohio
Chrysler
March 2 0-;p)- Today'
79 Comwlth Sou....
8i Consolidtd Edis
13 T Consolid Oil
1 Corn Products....
3H Curtiss Wright
s' Doug Aircraft
IS du Pont
4 9 Elec Pow & Lt..
72 Gen Electric
89 Gen Foods
9 Gen Motors
98 Goodyear Tires..
5 Great Northern..
22 Hudson Motors..
11 Illinois Central..
32 Insp Copper .
75 Int Harvester....
21 Int Nickel
22 Int Pa k P
64 Interna T & T..
24 Johns Manville.
1 Kennecott
7 Llb-O-Ford
6 Lig & Myers B..
74 Loew'a
50 Montgom Ward..
30 Nash Kelvinator
6 Nat Biscuit
39 Nat Cash
85 Nat Dairy Prod.
a closing quotations:
1 Nat. Dist
31 Northern Pacific
7 Nat Pow & Lt ...
60 Packard
10 J C Penney
82 Phil Petrol
185 Pressd Steel Car
4 Pub Serv NJ....
38 Pullman
47 Safeway Stores..
53 Sears Roebuck..
23 Shell Union
23 Sou Cal Edison
5 Sou Pacific
10 Stand Brands ....
13 Stand Oil Cal
56 Stand Oil NJ
85 Studebaker
53 Sup Oil
4 Tim Roll Bear....
71 Trans America.
35 Union Carbide ...
50 United Aircraft..
109 United Airlines..
35 U S Rubber
63 U 8 Steel
6 Walworth
24 Western Union..
15 White Motors
17 Wool worth
25
7
7
3
91
39
12
41
26
61
85
11
30
12
7
23
43
11
2
49
6
84
46
18
34
65
5
22
11
40
And the Censor Passed This
VS'fe.l
mi . a
-X7
I. 1. Jf. Pboaepboto
Takins; a fentl &f At British presa censorship, these London ahow
girls pom wiUi their "censorship costumes. Tnj British censor.
49. 6 95-7.55; bakers' hard wheat, set,
4.90-6.45; bakers' binestem, 8.75-6.75;
blended wheat flour 6.60-6.15; soft wheat
5.20-5.25; graham, 49a, 6.60, whole
wheat. 49s, 5.95.
Portland Grain
PORTLAND, Ore.. March 20 (AP)
Wheat Open High Low Cloae
May 82 V 84 824 84
Cash grain: Oats Ko. 2 88 lb. white,
24.50.
Barley Ko. 2 45 lb. BW S3. 75.
Corn Ko. 2 EY shipments 28.25.
Ko 1 flax 2.20.
Caih wheat: (Bid); soft white 84 H;
western white 84; western red 84.
Hard red winter: ordinary 84; 11 per
cent 84; 12 per cent 87 ; 18 per cent
93; 14 per cent 1.00.
Hard white Bssrt: 12 per cent 96;
18 per cent 1.00 H; 14 per cent 1.03 V4.
Today' car roceiita: Wheat 53; bar
ley 1; floor 8; mil'feed 1.
Portland Livestock
PORTLAND, Ore., March 0 (AP)
(L'SDA) Hog: Salable and total 800;
market active, atrong.
Barrow and gilts, gd-ch.
140-160
do gd-rh,
do gd-ch,
do gd-ch,
do gd-ch,
do gd-ch.
Feeder pigs,
lbs
160-180
189 200
200 220
220 270
270-1300
lbs..
lba.
lbs
lbs
lbs..
8.35
5.75
8.15(a)
6.50 W
8.50 fS
6.35
4.50(a)
S.85
6.25
6.25
6.25
6.00
6.75
5.00
gd-ch, 70-120..
Cattle: Salable 150. total 200; calves
salable and total 93; market active,
steady-stron g.
Steers, good. 900-1100 lbs..$ 9.00 9.35
do med, 750-1100 lbs 8.2.5 & 9.00
do com, 750-1100 lbs 7.00(a) 8 25
Heifers, good, 750-900 lbs... 8.15(g) 8.65
do medium, 500-900 lbs.. 7.25(3) 8.15
do common. 500-900 lbs.. 5.75(g) 7.25
Cows, good, all weights 6. 50(g) 7.25
do medium, all weights.. 6.35 fi) 6.50
do cut-corn, all we ghti ... 4.00) 5.35
do canner, all weights.... 8.50 (j) 4.00
Bulls (ylgs. excld.) beef,
good, all weights 6.75 7.00
do sausage, gd, all wti 6.50(g) 6.75
do sausage, med, all wts.. 6.00 y 6.50
do saui, eut-com, all wta 5.25&I 6.00
Vealers, gd ch. all wts 9.00 11.00
do com-med, all wts 6.00 (a1 9.00
do culls, all wis 4.50 6.00
8heep: salable and total 400; market
active.
Lambs, good and choice I 9.00 9.50
do medium and good..... 8.50i) 8.90
do common 7.50 0 8.25
Ewes, good choice 4.50 ((jl 5.50
do common-medium 2.75 4.50
Wool in Boston
BOSTOX, March 20 (AP) (CSDA)
Scattered lots of domestic wools have
been sold in Boston at reduced prices.
Fine Deliane bright fleeces have moved
at 85-37 cents, grease basis, or 90-92
cents, scoured basis. New clip early
shorn fine territcry wools of staple
combing length have been turned over
in original bags at around 88 cents,
scoured basis, delivered to mills. The
same price was reported to have been
accepted on new choice 12 months Texas
woola to be delivered when available.
Silverton Clubs
Will Give Party
SILVERTON Junior and Sen
ior Women's club members at
Silverton are announcing their
Joint benefit card party, in ob
servance of the Golden Jubilee,
to be held April 4. As a spe
cial feature the Junior Club mem
bers will model wedding dresses
from 1887 down to the present
time.
Mrs. Marion Green Is Junior
chairman and Mrs. F. Glenn Mc
Donald Is chairman for the Sil
verton Women's club.
Aviations
Lead
Warm Weather Lureg out
Prune Thripa in Valley
CORVALLIS, March 2Q-(fi)-Prune
thrips, lured out hy warm
weather, have attacked tender
buds in Willamette valley or
chards. S. c. Jones, assistant entomolo
gist at Oregon State college's ex
periment station, said spray ap
plied at once would protect prunes
against the pest. He recommend
ed three gallons of lime-sulphur
solution and one pint of 40 per
cent nicotine sulfate mixed in
100 gallons of water.
Pnlp, Paper Magazine
Features Lebanon Mill
LEBANON The March 18th
Issue of the Pulp and Paper
Mill News, the official organ
of the Pacific Coast Pulp and
Paper Mill Employees asHOcla
Uon, is ' a Lebanon and Linn
connty number with 15 pic
tures of Lebanon and the mill
and several pages of copy.
Eighty business men of Leb
anon ran advertisements in the
edition. Articles on the history
and present management of the
mill and biographical sketches
of the officers of the. local
union, are special features of
the edition.
Plan School Program
PIONEER A program is being
planned at the school Friday. All
ladles of the community are in
vited to attend. The program will
consist of reading by the school
children for the declamatory con
test to be held later.
Market Higher
Spread of Aerial Warfare
in Europe Spurs
Stock Upturn
NEW YORK. March tO-tflV
spnrrea by tne spread of Europe s
aerial warfare, aviation stocks
gained strongly today, leading
the whole market higher.
The aircraft advance averaged
around a point. Steels did
equally well. Rails felt the lift
ing urge and various industrials
benefited.
. The Associated Press average
of CO selected stocks gained .2 of
a point at 49.7. Transactions
totaled 644,130 shares compared
with 654.119 yesterday.
President Roosevelt's assertion
that foreign military orders had
helped the American aviation in
dustry triple its output centered
traders' attention upon aircrafts.
Adding to Wall street's interest
was the British double bombing
of the German base at Sylt.
The British attack, modeled
upon that of the Russian mass
aerial attacks In Finland, was re
ceived by some observers as In
dicating probability of increased
use of air power by the allies. At
the same time, the sbakeup in
the French government was in
terpreted by many as forecasting
a, push against the west wall.
Steels improved not only on
war prospects but on the report
by the "Iron Age" widening steel
buying. The magazine predicted
the coming of spring would speed
heavy construction work, long
hampered by cold weather.
Leaders In the advance Includ
ed Boeing, Douglas, United Air
craft, Glenn Martin, Curtiss
Wrlght, North American Aviation,
Bendix, Lockheed, Pan American
Airways, US Steel, Bethlehem,
Toungstown, Harvester, New
York Central, Great Northern
preferred. Anaconda, American
Smelting, Allied Chemical, East
man and Western Union.
Class Entertained
HAYESVILLE Mrs. A. Lam
bert and Mrs. Vernon Clark en
tertained their Sunday school
classes at a St. Patrick's party
Saturday afternoon at the Hayes
vllle church.
ft
n ii-
' M t 'if 4'
v"" '
- - 'V r ;
1 mniwrri in' wiil 'r,i,ylin.mmm,r: ,7,
Setting a new mark, the yacht Good News, owned by Robert John
son of New York, finishes first in the annual St. Petersburg-Havana
sailing race. The race distance is 284 nautical miles.
Salem Market Quotations
(Bnyiag Mcm)
(The prices below supplied by m local
trocar aud Indicative of the daily market
pricea paid to Sjrower bj Salem buyer
bat are aot guaranteed by Tha fitate
maa.) VZOBTABLZS
. (BaylBf rrlcat)
Beets, dot.
Csbbafe, lb.
Carrots Calif, do.
Cauliflower, local
Celery ...,
Lettuce, Calif. .
Onions, 60 lbs.
Oreea onions, do..
Peppers, green
Potatoes, local, ewt No. 1.
60 lb. bars
Radishes
Spinacb, Seattle, box-
Turnips, dos.
Rcnbarb, fancy
Broccoli, doi.
Radishes, dos.
Mustard Greens
.S3
.04
.40
1.15
2.25
4.00
.50
.40
.25
1.40
.15
.40
.90
.40
.SO
.60
.40
.40
OKA IN. SAT AJTO SEEDS
bea. bu No. 1 raclaaned .75 to .80
Oata, UM nmiM.l
reed barley, ton 20.00
CloTec bay, ton m nn
Alfalfa bay. ton 14.00
Etc mtib. No. 1 grade. 80 lb. bag 1.80
Dairy feed. 80 lb. bag., 1.45
Grade B raw 4? per cent
milk. Dairy Co-op price to
distributors,
Butterfat, No. 1, 2ttc;
No. Z, 27 premium,
SOHc.
A grade print, 82 H; it
grade 81 H; quarters 83 Jc
Silverton Church
V To Give Cantata
. . . , . ' a ,
; BILVERTON An Easter night
program. In the form of ean-
Uta will be givei. sunaay .at b
p.' m. at the . Methodist church
under the direction of Fred Baker
with Mary Alfred as pianist and
Irene Money Franke as violinist
The' program.' will Include 16
numbers: Prelude offertory; pro
cessional, "Crown II im With Many
Crowna"; invocation. Rev. Ed
ward Terry: "All Hail!" choir
and a trio. Mrs. F. J. Roubal,
Mrs. W. P. Scarth and Floyd El-
lefson; "Hosanna," soprano reci
tative. Mrs. Scarth and- the
choir: "Ride on in Majesty," the
choir and Mrs. Scarth, Mrs. Rou
bal. W. E. Satchwell and Mr.
Ellefson: "On Olive's Brow." bass
solo, Ernest By berg and choir:
"The Passion, choir and recita
tive, Mr. Satchwell; "The Dying
Love," duet, Mrs. Scarth and Mr.
EHefson; "The N'inety and Nine."
Grade A large, dos
Grade A medium, cioi. .
Grade B lare. doi.
Undergrade and cliex
Pullets
Leborn bona
Let-born fryers, 1 Vs lbs...
Colored fryers. 2-3 lbs
Colored hint
Old roosters
1038,
1939
lb.
HOPS
(Buying Price i)
.14
.13
.13
.10
09
.10
.14
.14
.12
0O
.10
.25
.20 to
ZJVXSTOCK
(Baring prices for No. 1 stock, based on
condition! and sales reported np to 4 p. no )
1840 spring lambs 10.50 to 11.00
Lambs, 9 00
Hogs, top, 160-2 2 u lbs.
Sows
Beef cows
Bulls
Heifers
Dairy typo cows
Li to veal, lb.
Dressed real, lb.
3.00 to 4.00
5.75 to 8.00
-4.00 to 4.25
5.25 to 5 75
5.00 to 4.25
5.00 to 6.50
8.50 to 6.25
.10
14
choir with Incidental solos by
Mrs. Roubal and Mr. Ellefson; "I
Glory- In ihe Cross," solo, Mrs.
Harry Riches; "He Arose choir
with recitatives by Max Scriber;
VI Know " That My Redeemer
Lives,? 'solo, Mrs. J. J. Lewis of
Salem; "Hallelujah." final chor
us; ' benediction. Rev. Terry.
Two-Thirds Wheat
Loans Liquidated
Oregon farmers who took Sbnr
federal crop loans on their 1939
wheat harvest gradually are plac
ing their grain back on the mar
ket, and to date have Iiauiriati
about two-thirds of their loan..
according to Edgar L. Ludwick of
corvauis, supervisor of the loan
program for Pacific northwest
states.
Loans were made to Oree-on
growers on 5,650,000 bushel of
wneat. To date, aprpoximatcly
3.500.000 bushels have hp, n
liquidated, Ludwick said.
He also stated that Washing
ton and northern Idaho have a
similar percentage of loan wheat
released, with southern Idaho,
Utah and California showing favorably.
On Electric Fences
A technical publication on
testing electric fence controllers,
by F. Alton Everest, assistant
professor of electric engineering,
has Just been issued as a bulle
tin of the engineering: experiment
station at Oregon State college.
The bulletin is designed for use
by regulatory bodies In rating
various types of electric fence
equipment.
Hen aerateb feed
Cracked corn , ,
Wbeat
ZOOS AHD rOTTLTET
(Buying Prices of Aadrcaaa'
Bpeciala, large
Grade A large, dos....
Grade A medium, dos.
Grade B large, dos
Pul:ets
Colored hen ,
Colored frys
White Leghorn, heary
Wnite Lieghorn Xrya
White Leghorns, Ugh
Old roosters '
Heary bens, lb, --- .11 and
(Baying Prices of Marion Cr
Oversize A
Specials, large .
1.85
1.85
1.60
)
.15
.14
.13
.13
.09
.13
.15
.10
.11
.08
.05
.12
ry)
.1
.15
II x-
No Embarrasing
Questions!
Prompt Low Rate Loans
When You Need
Ready Cash Seel
STATE FINANCE CO.
344 State Phone 9261
Lie. S-216 M-222
POLLY AND HER PALS
Carrie on the Hopes
By CLIFF S TEE-RET
"An1 then rintto skinzo
MAO MANV STR4N6E DREAMS
AN WHEN M6i BECAME CONSCKDUS
fSAJhi HE WLTZ A RICH MAN '
i ... 1 1 S-l s " -m&e 1 1 1 - I I
)! rTSl) I I ( TIMES. WE MODERN MOTHERS I fHjy I I THIS IS SlMPLV tZfkS I
s VV? Wi - K l s -iricci i r i4 si v n 7C-EKUTED : J " rm m i u
wjm r- - . i ' ' v r is si j w.j i
- w xrrr' s i r , -i r i.m - c i --i i s
MICKEY MOUSE
Possession's Ntas-Tsnths of the Law!
By WALT DISNEY
rKAiito
THAT IT IS
HOPELESS TO
TRY AND MAKE
A SILK PURSE"
OUT OF
THURSDAY,
MICKEY ALLOWS
HIM TO BE
TAKEN BV
THE POLICE.
5-21
f POOR LITTLE GUY, I HATE Y
I TO LET HIM DOWN. BUT WHAT T
I COULD I DO? AND. OSH )
V , KNOWS I NEED A '
VK 4-- LITTLE REST! J
-..--- -.- ' -- V.--S
first time I've
BEEN ABLE TO RELAX.
SINCE THURSDAY
CAME ' BOY, WHAT A
NUISANCE HE
TURNED OUT
TO BE!
. ( AT LEAST, n C5v t HE'S YOUR PROPERTY I
I CAN A2H4i AMN SON ! THE LAW Jl ;
Xn4J ( ANSWER AQ tVFlNDS 1 OT NO c?tt
ZrCK-'.A ThY JyTi LEGAL. GROUNDS J Ee
f
LITTLE ANNIE ROONEY
A Passing Friend
By BRANDON WALSH
P hO :l YOU LOOK LIKE XXJ WA6MT FECJUNT I GLC5S CXS? HEART YOUNGSTER THERCO I DAO BLAME rrTAIrr REASONABLE T 1 YOU SEE, AAE AJJHIS OLO DeSERT-l SEEN I f
VERY HAPPy. AN! THOUGHT AVSBE ) NOTHIN' RDR YOU TO GO A-M3RRyiN' YOUR , CA TO EXPECT A FELLA TO BE A i FPS FOB AOC JJgS - WHEN J
"YOU MIGHT EC FEEXJW KKQA SCK pV KsVJO LITTLE HEART OEf? BUT I GUESS J S. Vi-7 AM A-CUTTIM' UPWHEJ HES : WATER COM-.THC pESCPTGQES TJ"T
p , . , ORSQvTH JT , n, i I AM AMITE i-- LOSW'A UFIXOMG rTD-f-ANJCm l
i rr.,
TOOTS AND CASPER
A "Call" for Information
By JIMMY MURPHY
SOPHIE EVIDENTLY RAD AKI AFFAIR
ON HER TRIP LAST "YEAR, TOOTS i
STARTED TO TELL. ABOUT
IT AND THEN SHUT UP LIKE
A CLAM I
I . T?
HELLO,) TOOTSiE , I'M. SO HAPPY
SOPHIE. I TO SEE YOU! YOU
I HAVENT DROPPED JN TO
SEE ME FOR SO LONr
X THOUtf HT TQU MUST
BE MAD 5Ty
VES, AND I THOUGHT
MAYBE VOLTD TELL MS THB
LOW-DOWrJ ON THAT LlTTLK
AFFAIR OF YOURS WHILE
I M Henc,
IIlifl
i 1. Aim - " r i liiiii ji e. --
THIMBLE THEATRE Stcrrtng Popeys
Rip (Bullhead Van Winkle
nr, rr V APC vr. f fYK N i W Vj'tS J HAW. 6AVED fel
"1 k0fl
s : -,j t - - - .- - . - - --