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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (July 27, 1940)
PAGE EIGHT Tha OSEGOIf STATXSMAIiV Salem. Oregon Saturday Moroiag. July 27, 1343 Hi Select Stocks Enjoy Rally Wall" Street Skows Morel : Business Optimism, -' - Less War Fear Luxury Liner Sinks of f French Coast i NEW TORK, July 2 6 -(Se lected- stoeks enjoyed a pint-sized rally In today's .market as 'Wall v Street exhibited a Utile more op- - timiam for business prospects and " less nervousness OTer the Euro-' i Gains for steels, motors, air crafts,;; ri-lls and v'speclaUfes ,: ran , to a point or so in the forenoon ' but vert substantially .reduced or i cancelled in ' many cases at the close.-''' U" '-; f Volume of 22,810 shares," while : nnthtn t--wrif hnm ahnnt from , v the 'standpoint - of brokers,-, was j Ra diophoto shows the French luxury liner Champlain, veteran of the transatlantic ran, after It was sank . the large of the week, and com- I T nme.-Jaiy s on uie fTencu coast, veiayed photo shows the huge :vessel at Upper right keeling pared witn z 44,890 me. day , -J fore, iThe. Associated Press ajer . age of ' 0 'Issues held eV.net "ad vance of .1- of 'a - point Vat . 41.4. - The lengthy market stalemate was - exemplified by the fact . this -com '. posits a month ago stood at 41.3. Although many traders con- - tinned to loiter pending new for eign developments and clariflea i tion of ta' problems and the po litical picture, speculative sentl- WUb nWP bVUU fcW WB I o wrc. 1 aiucu vj jDiiLisu v uiiiii a ui nutveos- i Beast, was fully withstanding: German air I Cabbage, -.h. raids and the day-to-day post ponement of Hitler s threatened "all out? blast at England. On -top of this, boardrooms gave belated attention to the num erous corporation earnings state ments, topped by the latest Chrys ler and Bethlehem, reports, which i confirmed wide industrial in creases over 1939. The thought also began to take hold that huge defense spending soon would be gin to make itself felt in virtually all lines. - over on Its side. Built in 1932, the 23,124 ton ship was a favorite with thousands of American, trav- Salem Market Quotations Early Bliie Lakes g Canned : 1 f V'(Bayi Frlces) : " The prises below supplied by a local grocer are indicative at tho daily market prices- paid to growers bj Slem bay era btr are bo fumrmuv ay Te Statca- maat ' : '-. - V-GBTABIS Carrots, local, dsa. Cauliflower, local Caeambera. dos. . Celery Lettuce, local Onions, 60 lbs. Green- onions, dea. Peppers, greea New Potatoes, 100 lb. No. 1. 0 Iba. Me. 3 Bsdisses Raspberries, erat Bqaeaav; Croosneea. so.. Squash, Zucchini, lb. ... Spinach, Seattle, bos Tomatoes, tor , Peas, IocaI. lb , Watarcress, Sol. , Beets, dox. . .08 . ,o5 .024 . JO . 1.80 . .SO . 1.60 . 1.25 . 1.60 .-.25 .".10 . 1.50 . .60 . . . 9.60 . :- . ,e4 , .to . .?5 , .08 , A9 CKATN. RAT m BZXDf Wbeat, Ne. J, recleaned, ao. .TO Oata, toa 17.00 Feed barley, ton , 1 ! Clorer tay. ten S.SO Alfalfa bay, toa 10. ou ta 13.00 Eff nub, Ko. 1 rrade, SO lb. bag 1.80 Dairy feed, 80 lb baf. 1.85 Ben acratck . teed 1.00 Cracked cork l.OO' Return From Trip MONMOUTH Jo Heffly of Portland, and Mrs. W. J. deBoer of Gravel Ford, daughters of Mr. and Mrs. U. G. Heffly, Monmouth, returned here this week from a six weeks vacation motor trip which included stops in washing- ton, DC. Williamsburg and Hunt ington, Va.; the world's fair in New York city, points of interest Colored beaa In tha Maw Vnfliint ,t,t Vol. 1 Colored trya aumsiu-c yua, uu ituiti, VUiu i wbite Leghora trja Keiaiires oz tneir parents and or a brother-in-law, Paul Riley, and of Mr. deBoer were visited. EGGS AMD F0U1.IET Grade A large, do. , .,, Grade A medium, doi Grade B median, doi Palieti 30 Jl as jo .13 .18 0 as Butterfat, No. 1, 2He; Ko. 2, 24)c; premiin, A grade print 81 He; it grade 30 He; quarters S-H! Wbite Lesberaa, lifbt Old Beatera Heavy hens. lb. J8 .06 ai (Bnyinc Prieet af liarioa C re aery) Grade. A Ursa, doi.. STATTON -- The Karl- Tln ake beans, of which there are 5 acres here this year, are run ning through the Stayton can nery now. These early beans were Just planted this year and enable the . cannery to put up a larger bean pack with the same eQuip ment.' There are 190 acres of the lat er Blue Lake beans and they will not be coming in. for several weeks yet when the main run at the cannery will get started. The beans look rery good this year, according to the growers. Approximately 4.00 pickers will be needed to harvest this -ITestock year-s Dean crop, it was estimated (Bayi-a prices for No. 1 stock, based ea i by the state unemnlovment office conditions aad sales reported as to A p.m.) I gt West Stay ton Grade A asadiaze. doa.. Grade B BBadiaaa, dos. raJMta Lerhora keaa - - Leshora fryers, 1 tt Ibs Colased fryers. 9-8 Iba Colored beas . ,, ' HOPS Baying Prices) 1930 . 80 to 1040 eoatracta, lb. , JO Jl J 8 JO ,08 ja J Ji .40 .10 1940 epring- lambs Tearbar lambs Ewes Bap, top, 160-320 Iba Sows Beet cows Bolls ...... Heifers Dairy t Li to ea Dressed veal, lb. 7.25 ta 7.50 4.00 to 4.50 9.00 U J.60 7.60 - . 4.50 to 4.75 ' .5.00 to 6.60 25 to 0.75 8.00 to 7.00 4:00 to 4.75 , 8.00 jatf There are approximately 125 pickers " registered In the farm Grain Unaffected ? As Heait Breaks Deferred Wheat Contracts . ,: Close Near Lows , of Session ; ; 1 f CHICAGO, Juiy 2 6-(P)-Break-ing of the heat -are, predicted yesterday end discounted then by corn and wheat price declines, of about a cent a bushel, was taken in stride by the grain market to day with little or &o price reac tion ;V;; i'IT V:. Ov-'i-T ? 1 Wheat : was , unchanged , to. off, September 744 -U Deccmher Wheats dipped.; as ' much as j Ml J cent below previous closingjevels at one'time and deferred contracts closed at" :or;'arthedays lows but September .steadied; by lifting of hedges against .11,000 bushels sold -for shipment. A'Xear'goVof wheat taken on J uly. contracts was shipped to Buffalo . and", m o r e grain - is expected' to t a k "this routed - v ' f 7 ; Cables indicated. Great' Britain will permit' Import : of wheat ; in Spain solely for domestic use and exporters, confirmed sale of 2B0,- 000 bushels of Canadian wheat to Portugal ; bringing ' Canadian ex port business the past few days to 1,000,000 bushels, mostly to Great Britain. Argentine shipments to the United Kingdom ' have con tinned in moderate quantities but, clearings to ispain nave curoppea off. Well, Look Who'? Here! - Tillamook Gets Rain TILLAMOOK, 1 y UP) - Parched grating areas and tinder- dry forests were dampened today by, the first abundant rainfall since . late spring. Precipitation measured .S3 of an inch for the 24 hours ending at noon. labor camp proximately tlonally. with room for ap 100 families addi- r v. Qnb at Turner Honors Ne wlyweds TURNER ' The Turner Sun shine club met Wednesday with Mrs. Jo Holt for an afternoon session. Plans were made to honor two newly weds by presenting one with a quilt and - the other with towels. The next meeting, will be August 14 at the home of Mrs. Guy: Dows. - . .--. " Members present ', were Mrs. E-elyn 1 Holt and t Shirley,- Mrs. Frank Parr," Mrs.: Selma Hogsed. Mrs. Myrna V Grim: Mrs." - John Saladay, Mrs. W. : B. Nelson, Mrs. Guy ; Dows, Mrs.. Very Grim, Mrs. God win, i Mrs.-f Louie T Petersen, Mrs: Edith J Mellis and vElwood and'tjhe hostessl : : f . '. ; :"' The. WRA Horsed familv has returned' from1: Kalispell,rT Mon, where, they spent a few:jweeks.?,r ? Leo Hendrun is building a house Von his' lot ''just' west of. the railroad track; ' : i George Godwin Is i erecting a small 1 house - on . tha " back of his lot which ! ill be occupied " by his ' mother. . - ' " ' Bcogrdze hlmt Several years ago he was in the news daily. He's Melvin Purvis, the former G-man who helped track down the des perado John Dillinger. Purvis is shown at the Democratic conven tion where he is a delegate from South Carolina. With him is a later delegate, Clara G. McMillan. -v Nursery Agreement It 7 Posted With Alabama Through the reciprocal agree ment bill recently passed by the Alabama legislature, nurseries of Oregon, may be - issued, permits without charge for shipping into that state, the Alabama depart- POLLY AMD HER PALS ment of agricultural and, Indus-; tries.has Informed Frank McKen non, chief of the Oregon depart ment "of agriculture division of plant industry. Oregon has not required a charge for shipping permits from out-of-state nursery men not maintaining a place of business in Oregon for some years, or may see all of them. ation Toiir eted Today, J : ; LIBERTY The . second, day of the county Irrigation tour e- v ing conducted by Harry . Riches, county agent, will be in this part of the county today. The day is scheduled as follows: i 9:30 a. m. Jake Gilmour farm near Talbot, showing sprinkler Irrigation on beans, mint ard . sugar beet for seed. - , 10:45 - a. m. Alvin Johnson's farm In-parrish Gap. district. Flood, system irrigating Ladino clorer pasture. 1:30 p. m. Charles Darley arm, north of- West 'Stay- ton school, to view sprinkler sys-. tern of bean irrigation. 3:00 p. m. Ed Gilbert farm three miles southeast of AumsTille, flood ir rigation on beans and- clover. Farmers Interested may attend to view, the farms nearest them Ready, Aim, Fire, Paw! By CLOT STERRET WOOL ASD BfOHAIX (Boyias Prices) Wool, sao'lSnm, lb. Coarse, lb. , Lambs, lb. Mobair ja . a J8 JO Stocks and Bonds Quotations at Portland July 20 Compiled by Tbe Anaoriated Press STOCK AVKAUS 80 15 Indus Rails Net chants - A .1 Uuctl Friday 57.ff 15.a Previous day 57.6 15.3 af.toth ago 57.6 15.1 Year ago . 71.0 10.6 1040 bigh 74.3 10.5 1940 low 52.8 13.0 15 TJtil a .a 85.6 85.4 85.4 89.8 40 0 80.9 10HD AVKKAQE8 k 10 10 Rails . Indus Util Ket charg A .1 Vuch V .1 Friday 6.l 102.8 86 4 Prerioua day 66.0 102.8 96.5 . Month aeo 64.5 101.8 94.9 Tear ago 69.0 100.5 96 9 1940 bign 59.9 103.6 . 97.5 1940 low 48.8 98.9 90.3 - 60 Stocks A .1 41.4 41.3 41.3 60.3 62.3 87.0 10 Forgo D .3 87.5 : 87.8 87.2 61.0 63.5 85.1 PORTLAND. Ore.. July 26 AP Dairy produce prices: Eggs, larje extras 21; standards 1H; medium extras, 20; standards 18. ; Cbeesc: Triplets 15c; loat 15 e. Bntter: Extras 28, ataadarda 36 ; prime firsts 26; firsts 25. ' Batteriat Zl-xm. Portland Grain PORTLAND, Ore., Whrat : Open Sept. 74 Jely Higb 74 18 AP Low Cloao 74 74 Cats. Grain: Oats. Ko. 3. 38 1b. white. 29.75. Berley, No. 2, 45-lb. BW ,20.76. Corn, No. 2, IY shipment, 80.O. No. 1 flax, 1.65. Cah Wheat (Bid): Soft white 74; weatern white 74 ; western red 73 . Hard red winter: ordinary 73; 11 per cent 74; 13 per cent 76; 13 per eent 77; 14 per ent 78. Hard wbite-Baart: 12 per eent 81; Closing Quotations NEW YORK. July JS-CJFT-Today's closing quotations: Al Chem A Dye-148 Consolidated Oil Natl Power a Lt 7 American Stores 5 Corn Products- 494 Northern Pacific SH Curtiss Wright Packard - S 1 Douglas Aircraft 694 J C Penney T9 H Du Pont... .157 Phillips PetroL. 12 S 4 Elec Power Lt S U Pressed Stl Car.. 9 10 Erie R R 1 Pub Service NJ JU Am Smelt it Ret 35 General Electric 32 V Pullman . IB Amer Tel it T..15l General Foods - 40 Safeway Stores. 43 Amer Tobacco.. 75 General Motors. 43 Sears Roebuck - 71 Amer Wat Wks 8 Goodyear Tires.. 144 Shell Union 8 - 18 Great Northern- 224 Son Cal Edison. 27 4 4; Hudson , Motors. S Southern Pacific 8 1H Insp Copper 84 Stand Brands 3 Internatl. Harr. 43 - Standard Oil Cal 18 H - S Internatl Nickel 23 Standard OU NJ S3 Vk 28 - Internatl P A P. 47: Stndebaker -:: C - -7 5 Internatl T ab T 2 4 Sup Oil IVi IS ; Johns Manvilie. 6 Tim Roll Bear. 434 IS per cent 83; 14 per eut 85. Today's Csr Receipts: Wheat 44; bar ley 2; floor 5; miUfeed 2 . Portland Produce American Can . Amer For Power Amer Pow it Lt Amer Rad it S S Amer Roll Mills Anaconda ... Armour 111 Atchison -Barnsdall . Bait: A Ohio: Bendix 5 Ariat Bethl Steel Boeing Air. Borge : Warner 15 4 Kennecott 25 M Trans-America 4 4 Bndd Mfg Callahan ; Calumet Hec CaUrpfllar Trac Celanese Chesapeake A O Chrysler Com'l Solvent Com'nwlth Sou Consolld Edison 17 - l -4 Llbbey-O-Ford 38 Union Carbide S 1 Uggett A My, BUH United Aircraft. 34 1 Lowe's - . J4 United 'Airlines- If 41 vMenty Warder 40 .IJS; Rubber...... 18 is Nash Kelrinator 4 US Steel S0 91 , Natl Biscnit IS Walworth S C4 National Caah J1H Western Union. 1 7 a wan Dairy Frod 1414 White Motors 10 IV NaUonalDisL-. 10 . Wool worth ; 82 Roosevelts in the Movies now L- r :Iected to deliver the speaking faeeword; for a new film, Mrs. 2'r-:-;.-in D. Itoosevelt, wtfa- cf the president is given a bit of movie csachlr j fcy her eldest son, James, who now is a movie executive POHTLAND, Ore, Joly 26 (AP) (joantry neats selling price to retail- ots: Country -killed hogs, best batchers! 125-150 lbs. 9-10c; realers. fancy. 14-I4e lb.: light and tbia, 1012c; heavy 10-lle lb.: laacbs. spring. 15-16: yearlings 10-12c; ewes 6-7e; good cutter I cows, e lb.; eanner cows S-9e lb.; buiis 11-12C to. ' . Live Poultry Baying prices: So. 1 grade. Lgbora oroilers, 1 to 2 lbs, 15c lb.; fryers, under 8 lbs, 15s lb., 3 to 4 ibs 16c lb.; roasters, over 4 lbs- 17s lb.; Leghorn hens, over 8 lbs., lle lb.; nnder 8 lbs., lOe lb.; colored hens, over 6 the., 13 e lb.; 4 to 6 lbs. 13 e id. via roo-er as id. Dressed Turkeys Belling prieet Ko. 1 nena, tae id ; to mi 10 lie. Onions Oregon, No. 1, 3.75 par 60 lb. bag. New wax. 50a, 1.85; red, 8.00; nana w ana i.oo-i.oo. : New Potatoes Easfera Ore.-Wash, l.vu-i.oa ewt. . p.,tM. rt.v aaa. wi...l (Tnlla Lake) 3.25 ewt; local Whites 0e boa; do aaeka 1.50-1.60 cental; MaUn 2y0 centnl; eootbern yams 8.40-3.60 art. rvasnington 1.4U-1.6U. - . Hay Selling price to retailers t Alfal fa, Ko. 1, 14 tons; ost veUh, 10,1 cloTer, ll.oo ton; timothy, eastern Oro-I gon. 17-18; valley t mot by 14.00 toa. Wool 1940 eastern Oregon, range 36- 38; Willanjette valley 13-month, S6e id.; croasorea sue. Mohair 140, 12 -month a, S5e IK Caacara 1940 peeL 6e lb. Hops Oregon 1939, 40 41 J 1940 contracts 80s lb.; 1940 seedless 27-40 aominaL - Domestie Tloar Selllag price, city de livery 1 to 35 bbi. lots: family patents, 49a, 6.00 BO ; bakera' hard wheat, net, 4.60-6.45 : bakers" hlnectem. 5.10-5.60: blended wheat door 5.05-6.66; soft wheat 4 65-4.60: g r a a a at 49s, 4.60; whole I anest, ys, e.oa. SURE. JESS S30SS VUh'd Bin in rr WH-N IT HAPPENED t T-- f IN 1HTJ4J5K I THCOGHT I WALt AT THAT ) , y Y : " suRB. JESS SlOSE ) I "::::s0lJ7( JWAi BLAME r-LJ ( VER 'LUCKV, f OH, i -f ( Mjh &N IN rrr A MCXEYMOUSE , ' iAn Uihed ppenceip' By WALT DISNEY - ' NOW K SLK3HT 1 " " 'si-' U TMXT BS BETTER lJ-C3 f I J-J "."VI I' 1 , i I , t i "- ' : v ' ' " :. i UTTLE ANNIE ROONET Mora 'Tiring" and Loss Hiring! By BRANDON WALSH Portland Liyestock POBTLAND,; Ore.,- Jly 36 (AP) (ueuij ou : Baiaoie 200, total 10OO; steady. Bar wa and gilta, gd-eh, . - T - 140-160 lbs $ .75 7.75 4o ieo-ieo - -, '7.50 i.oo do 180-200 h. , L.tnfl S.00 do 300-300 lbs 7.50 6.00 I aa SX0-240 7.85 T.7S do 340-370 , , 7.25 (v T.BO do 270 800 lbs . 7.0a T.85 reader ptge, gd-eh, 70-120 e.75 T.15 Cattle: Salable 75, total 65; calves. saiaoie as ; market stesdy, steers scare.- Steers, gd, 800-1100 lbs. 110.00 10.15 da mediam 750-1100 lbs. 8.00 (rf 10.00 do common 750-1100 lbs S.35 8.00 8.75 00 S.75 S.75 ! B.50 S.75 .75;e.50 t 8 0( 6.75 4.2 5 6.33 1 ' l.50 4.2J ' -' '- - I TJAD BtAMIT LOOKS UKETrttS WAR'S A GOW TO GO ON . t-lP0PEv-;. 5COMA3 WE 1 STTTmle? J CUEAN up onccrewot ; I fkfni giMAsI. A NSW CRXW I LETEMCXXME AS LONG AS WE got piorry 0- lead, a burybt GBCXIWDAWA GRAVE-CMGGCR . THE yRE WELCXME vkfj r-iN 1 I 6v . - -r , HO THE WAR A4UST STOP t I VGEE. ZEBO; 1X3 SOMCEAKrA PiNOCTNT UVES ARE. INVOLVED jl i J fV fj PCACCTOJL AN-QUIETO-T WE MUST rnMOTHC-FKNO WHO A I If ft H HERE 1 KEEP TWf NK1M" MA- IS IHQ ALL TE IMPORTED SYTk 1 1 1 7 Jv I BE ALLTHE SH0OT1N AW J - j . KILLERS r 111 FlGHTlN' IN TOWN tShtT it -mrT-z' n-" Tcf flSv trt ;l EAiy true-but ausr I f X3i lsw U :' ZtrA t plH VAACVIE WHERE fXjKS TOOTS AND CASPEB An Aid of No Help! By FIMMY MX7RPHT Heifara, good. 750 P00 Iba. do medium 500-900 lbs - do common COO-900 Ibe- Cows, good, all , . do medium, all wts do cot com. all wta - da esnner, all wis . Bolls, (yesrlinri exeladed) beef, good, ail wta , .. 7.00 7.35 do aanssge, good, all wta. .75v7.25 "da BMaaga, med, all wta 6.250 6.75 - do aanasve. eat-eum -all wta S.ODfft a as Tealera 6d-ch, all vti . .005 10.00 fle com med, all wta - 7.75 7.85 do eulL all wts ' . 7.50O 7.85 fiheeps Salable 800, total 3500. stesdy, Spriag lambs, gd aad ea 7.65 fij . 8.10 - do med and gd - 7.25 7.60 do common . : S.SOO T oo I wee. tsaorni go ana c 1.75 3.25 do oom-mcd . ,1 .,. ... " 1.00Q 3.73 JfS. MY 17-YEAR-OLD NEPHEW ulki- r CDMlNcj- TO VISIT US I rVE ALREADV EmiAUT . FLOCK OP THINGS FOR HIM IHrtl AILHOYS OPH1S Wool in Boston BOSTON. JbIt 26- (API fCSDA) I Quotations aa domes-e weals tended to streagtkea aa t4o Beaton market today and soma ; sales .werW closed at slightls higher prices shsa was possible earlier in the .week - Demand was mostly for original bag f i ne territory wool at 8865 cents, scoured liaais, for woole running h gooa aTenea eomoinr wacta ana at sooa cents, aeeeurea basis, for wools nu lling mostly average ta good breach I combing tengta. -. i , . ' . , WeatHeit Is Aid To Oregon Hops PORTI-VND. Jaly "2-LJfV-Th agrlenrttiral marketing; srric sal4 today cloudy skies, fogrr ora- ings and lower temperatures had aided Orejon's grbwlns; hop crop t.is week. ' ' . . ,T crop, bowerer. Is expected! to fan below. last year, and thai 1929-38 projection aTeraire. , No reports of spot sales or sew contracts for 1940 supplies were made this week, although trade authorities Indicated that soma growers were willing; to con tract regular type. 1948 clastera I U I I'LL MEST HIM Y THREE TRAIN- PULL: I I m n-. t rni s r 1 1 -Vl-i ucc- t ill A !?A 1 1 r picture, im t wy :; Wi lli VUT-rL- AM3.LOTS I V S LOUD-SPxTAKEK i 1 I I - THI. OLD V ' . , . l M 3? 22 n ssjy fe you a photo j aubum,tcotS , - - v u y , ? '-pUMZLE THATRUrlcj Poi . V Going ul fv 'r ' -- '.- " rfSii Ve THERE f gMrShl.VVATCQ f f "-M fWk ?Sm ffi-uf .- -"v.; ; ''-.r'- ii- fT , '- II I -ff'-ll DRLi rtr5. rjl j 4 c: ::k;i,csi-173 S. t:riy- C23 E!: C:Ii ri3 ?.cr::3 Cc:l Frca C!3 L::II:3 Te seen li Iar Xcrk. at approximately 0 ents a pound. -