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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Aug. 21, 1940)
PAGE EIGHT 'The OnEGON STATESMAN. Salem. Oregon Wednesday Morning August 1. 1S3 Grains Advance In Chicago Pit Show of Strength Is Best in Weeks; Mill Baying .Causes Upturn CHICAGO, Aug. JO-ipy-Gralns made tbelr best show of strength . in some weeks today, wheat ad- .aneinjc as much as two cent a . hnsbel at times, Deliveries of all grains closed at or near the best level of the day. After a slow start with both wheat and corn selling - belo Monday's final prices, the tenpa of trading suddenly increased and an apward trend was maintained throughout the session. - Final prices for wheat were lMt-1 cents shove Monday'i closing quotations, with the May delivery in the vanguard. The September contract closed at 70-; December 72-, and May 73-. Tone Is Firm ' The firm tone here was attrlb Qted to strength of the Minne apolis market. Most of the day the northwest market led the price upturns in American mar kets on buying attributed to mills and an apparent lack of any Im portant hedging pressure. The close at Minneapolis was l-2 cents higher, the latter on the September delivery, while the Kansas City market lagged much of the time, a closing spurt there pushed prices 2 -24 cents high er. The Winnipeg market held to the pegged minimum levels, but. at Buenos Aires, where the price , pegs were removed, wheat at noon was 2-2 cents lower and corn - off. - A feature of the market was the ability of the September wheat contract to follow the ad vance in the deferred positions despite some further occasional liquidation pressure. Reports from Minneapolis said that about 15 per cent of the re ceipts there was free wheat, sug gesting that the greater portion was going into storage presuma bly under the government loan program. . Weather conditions were re ported favorable for harvesting In the northwest and in the Ca nadian provinces. Closing Quotations 1 NEW YORK, Aug. JO-f-Today's closing quotations: American Can 84 General Electric 82 Pullman 19 Am. Car & Fdy 23 General Foods ..-39 Radio 4 Am Rad Std San 6 General Motors 45 Rayonier 15 Am Roll Mills 10 Goodrich 11 Rayonier Pd .... 26 Am Smlt & Ref 35 Great Northern 22 Republic Steel.. 16 Am Tef & Tel 159 Greyhound 10 Richfield Oil 8 Am Tob Co 74 Illinois Central.. 37 Safeway Stores.. 42 Aviation Corp. 4 Insp Copper 8 Sears Roebuck 76 Am Water Wks S Internat Harves 42 Shell Union 8 Am Zinc L & S 4 Inter Nick Can 23 Socony Vacuum i Anaconda 19 Inter P 4c Pulp 554 Sou Cal Edison 26 Armour 111 4 Inter Tel Jb Tel 2 Southern Pacific 7 Atchison 16 Johns Manville 58 Sperry Corp 86 Bald Loco 14 Kennecott 26 Stand Brands.... 6 Bendlx Aviation 29 Libby-O-Ford .... 87 Stand Oil Calif 17 Bethlehem Steel 76 Lockheed 24 Stand Oil In 24 Boeing Airplane 13 Loew's 23 Stand Oil NJ 33 Borden 18 Montgomery Wd 40 Stone Webster- 7 Borge Warner 16 Nash Kelvinator 4 Studebaker 7 Callahan Z-L - 1 National Biscuit 19 Sunshine Mining 8 Calumet Hec 5 Nat Dairy Prod 13 Texas Corp . 85 Canada Dry 14 National Dist.... 20 Trans-America 4 Canadian Pacific 3 N T Central .... 11 Union Carbide ..68 Caterpillar Trac 43 N Am Aviation 16 Union Oil Calif 12 Celanese ..J. 28 North Am Co.. 19 Union Pacific... 82 Chesapeake & O 37 Northern Pacific C United Airlines 15 Chrysler J 70 Ohio Oil 6 United Aircraft 35 Col Gas fc Elec. 5 Pac Amer Fish i United Corp 1 Com'wealth Sou 1 Pac Gas 4b Elec 28 United Drug 3 Consolt Aircraft 20 Pacif Tel A Tel 121 United Fruit 61 Con Edison 27 Packard Motor.. 3 US Rubber 18 Consolldt Oil 6 Pan-Am Airways 13 US Rubbed Pfd 80 Corn Products 48 Param .. 5 US Steel 61 t Crown Zellerbh 14 J c Penney 81 Vanadium 80 Curtiss Wright.. 7 , Penna RR 19 Warner Pict .2 Douglas Aircraft 70 J Phelps Dodge 27 Western Union.. 17 Du Pont 162 Phillips Petro 32 Westinghs Elec 96 Eastman Kodak 125 Pub Serv NJ 35 Woolworth 31 Oar Loan Is All Paid Up How and II Was So Easy- v-------- I 1 Xfo pCErwal wemh to il a son or 4aughtr with wtddlng plaml Fnnilah th horn. Cirw thim Iht start Cx&r nood. XI 70a n4d a LOAN lor fhls pnrpos and on yoa can obtain La a torf Cms. In a conTnIat mrrnner, hast turn to today's Austen Comedy I. r : ... . - - - It's love at last between Greer Garson and Laurence Oliver, who go through numerous trials and tribulations before they are united tn "Pride and Prejudice, delightful Jane A oaten comedy-romance which opens today for a three-day run at the Elslnore theatre. Salem Market Quotations (Boylag lricaa) Tba prices blo supplit- - laeal trocar ara ladieatira of the -ail- markat price paid U frewera T Esleni bojars bat ars no guaranteed by Taa States man i VEGETABLES Fresh corn, sack Beani, green .. .60 .08 .08 .35 1.15 .20 1.00 1.25 1.50 .25 .03 .09 1.50 .50 .85 .40 .04 .80 .90 .80 .08 .80 .90 Cabbage, lb. Carrots, local, dos. Cauliflower, local . Cucumbers, dos. Celery Lettuce, loaal , Onions, 50 lbs. Green onioqs. dos. . Peppers, green . Peppers, red New Potatoes, 10'J lbs. Ho. 1. 60 lbs. No. 2 Radishes Squash. Crook neck, dos.. Squash, Zucchini, lb. . Squash. Danish, dos. . Spinach, Seattle, box Tomatoes, lug Peas, local, lb Beets, dcs. Spear Melons - Wbtat, No 1. redeaned. bu .70 Oats, Ko. 1. 18.00 to 20.00 ! pnn mm -1 4 - 2 - 'Money to Loan Classification - Romance Billed Bntterfat, No. 1, 2c; No. 2, 27c; premium, 80 c. A grade print 82c Hi B grade 81; quarters 88 c Feed barley toot CloTer I ay. ton Alfalfa bar. ton 19.00 U 10.00 8.00 10.00 to J8.00 Egg snasb. No. 1 grade, SO lb. bag 1.80 Dairy feed, 80 lb bag 1.88 Hen scratch feed , 1.94 Cracked corn 1.98 EGOS AND POULTRY (Buying Prices of Andersen's) Grade A large, dos. 28 Grade A medium, dos. .20 SO .11 .18 .17 .09 J8 .08 .OS Grade B large, doa. Pullets Colored hens Colored trjt White Leghorn, beary- White Leghorn frya White Leghorns, ligbt Old Roosters HeaTT bens. lb. ., ,, . .11 (Bnytag mces of Man on creamery Grade A large, dos. .83 Grade A medium, dos. .20 .20 .15 .17 .11 .09 J 48 .15 ai Grade B large, dos. Checks, undergrade Large dirty , Pallets, dos. Leghorn hens Leghorn fryers. 1 !bs., Colored fryers 8-8 lbs Colored fryers, 8 lbs. and. sp.. Colored bene HOPS (Baying Prices) 1939 SO to .40 .80 1940 contracts, lb LIVESTOCK (Buying prices for So. 1 stock, based an conditions and sales reported ap to 4 p.sn.) 1940 siring lambs 7.00 to 7.25 Tearling lambs S.00 Ewes 8.00 to 1.60 Hogs, top, 160 220 lbs. 7.10 Sows 4.50 fo 6.00 Beef cows to 6.50 Bulls 6.25 to S.75 Heifers -- S.00 to 1 00 Dairy type cows 4.00 to 4.50 Lira Teal 10.00 Dressed Teal, lb . .14 WOOL AKD IfOHAIB (Baying Prices) Wool, me-llam. lb. - Coarse, lb. Lambs, lb , .88 .83 .2 .80 Mohair Union Hill Folk Move Near Lyons UNION HILL Mr. and Mrs. Cleo Yokum, Jack and Patricia Tokum and Mr. and Mrs. Jim Shepherd have all moved to the McCulley mountain near Lyons where they recently bought a place. Mrs. Jessie Pendleton, who has been attending school at the Uni versity of Oregon for the past year has moved to Underwood, Wash., where she will teach school. 1 . Stocks Chalk up Recovery Gains Commodities lilt Forward, , Bonds Show Strength in Financial Mart NEW TORIC Ant. JMaVThe recovery theme ruled in today's financial markets. ; . Without much Important spot sews from either home or abroad to go on, stocks, chalked up gains of fractions to 2 points, bonds put on a show of quiet strength and commodities tilted forward. The Associated Press average of CO issues was np .4 of a point at 41.9, best advance for any single session since - August 9. Transfers, while still far under the pay level for commission houses, expanded to 240,800 shares against yesterday's 24-year low of 121,850. Breadth of the come-back was exemplified by the fact 8X2 indi vidual issues were traded com pared with 402 the day before. Of the total, 201 were np, it down and 135 unchanged. The main factor in the upward shift, brokers said, was the idea of some analysts that, with sell ing drying up to a mere dribble. the chances for at least substan tial temporary upward reversal were better than ordinary. In ad dition, business prospects, buoyed by the long-term defense spend ing, program, remained fairly bright. Stocks well in front Included US Steel, Bethlehem, Chrysler, General Motors, Douglas Aircraft, Glenn Martin, United Aircraft, Amerclan Smelting, Kennecott, Chesapeake & Ohio, Great North ern, Texas Corp., American Tele phone. Loft, International Paper preferred, American Can, Eastman Kodak and Du Pont. Dunns Have Daughter BILVERTON Born to Mr. and Mrs. M. A. Dunn, Sunday, August 18, at the Silrerton hos pital, a girl. POLLY AND HER PALS MICKEY MOUSE Or MNMES IW&Ue MCJOEY P1NC7S HIMSELF ENTERED N THE EAGLE THEATRE CONTEST, 00HPETMO FOR AsN UNKNOWN JOB .WHICH IS QUE OF TKEPStttES UTTLE ANNIE ROONET SCHOCLTTE-ACHEW DlDMTCVtRUXX TOOTS AND CASPEB BEIN' ENSASED xiv I I SUPPOSE NO, SlRREEr X DONY 75F ce Af ESPEClALXV f SURE fS GREAT, v -rOLVXTi VDLL.L. WANT V VwANT VUH TGfVE UP KfC J ( "W OME ABOUT NCS IfzHlQZtFlA M -TXr3 PUgO AAUST 1 THOSE OH. LET ME SUPtTLV ! IP WE CAN'T ALT-TR ( SUITS IVE HAD HANLtIN-t l HA YE THEM J?.? ?ZM SQUEEZE INTO h THE SUITS TO PIT HIM ) N VOUf? CLOTHES CLOSCT )F0R COLONEL. BUT THEY-RH gljL THOSE CLOTHES THEN WELL ALTER 1 DO YOU KNOW ANVONC ( HOOPER. MUCH TOO WITH A WM TO PIT THE SUfTS' f uun . .9 I V CfulAi 1 DriD I - . eune.urou .1 r-1 MB IS). II WW nW Lll wl ) lUMfl m wwwww. I I ww.-w-.w.w W . M " 1 w M w. m . wWWHHw J I fa r-- L-l HIM! V Ms?v HUMBLE THEATRl Starring VCU THINK ITt. PUNNV THAT f M A FK-KT MAKlACf. , jrT7 BOT SCCTLL "SCON S f ARF AJ3i fl CHANGE VCXJRTUNBy F-MAJUAR ) f V y-Jl y ; ,c Quotations rOBTLAKIJ, Oi..A. 10 (ATP) Free'aea' exrliaaf o Better: extras SStt; stead ar4s 99: priaa tints 18; firsts IS. Batteries 80-88 fe. Im: Large axtraa 94: taa4araa 11; saeetaas eatraa 12; ataadaraa It; aasall extras 14. Cheeeo: Triplet . 15 ; teat IS. , Portland Grain POBTtXD. Ore- Aasv 90 (AP) Wheat : . Opea Hick Lot CUee BacuaaaWr ?0 10 - -t0 - Cash 3raia: Oats, No. 9 -!. orbit. 84.00. Barley, X. 1. S lb. BW, vkita. ZO.oo. ie. i iiax. uiw, ' Caak Wheat (BU): Soft v.iU T1H; weetora orbit 71 tt; weatera t4. 71. ST. 1 S lm! Slr fAU 11 piT eeat T1H: 11 par emit 184 IS per . m .. . mm CBS I . 4 pvr wmmm Har4 vhiU-Baart: 11 per cant Tl; II per eeat 80; 14 pej eeat 81. rv. t.i,.. trt. lit. barley 1; floar 10; cera 8; Mta 8; saiUr Im4 1. Portland Livestock POBTLAXD. Ore., Aaf. 10 (AP) (D8DA) Hovs: Salable 400; acure. Barrvwa Gilts 4e. S-l. o-b, ", Sd-eh, gd eb, e-ek , 140-160 16O-180 180 100 100 120 130140 140 170 S70-S0O na. Iba. Iba. lbs. iba. Iba. Iba. S.1S 7.15 T.004 6.75 W S.&0 S.J5W T.ie 7.85 7.85 7.85 T.15 7.00 S.S0 Feeder pi (d eb, 70 120 Iba. S.50O ' 00 Cattle: Salable 100: eelree ateady wiiU Heoday'a close. Steers, gooa, SOO-1100 Ibs-f io xeediasa, 7&0-1 loo iba 7 do common. 750-1100 Iba 6 Heifers, food, 750-900 lbs- 8. ere med'.-m, 500-900 lbs S do common. 500-900 lbs 6. Cows, food, all weirbts . 5. do medinm, all weif-nts a. d cat-corn, all veicbts 4. da easJier, all weights 8. Balls (yesrlinjs exctaded. beef, food, all weights- 7. da sausage, food, all wta S. do eaossfe, med, all wts 6. do aaasage, ct-em. all wta 6. 00 7.15 750 7.00 25 6.75 006$ 6.25 SO Id 10.50 00y 9 50 50 (rf 7.00 Yealere. fd-eh, all wts 9. do com-med, all weights- T. do coll. all weights 5. Sheep: Salable 200. Spring lambs, foed-eholce 9 .7.75(9 8.15 do medium ana gooa T.zaia 7. so do common 6.25(4 7.50 Xwee (sborn), ford ihoiee 8.00 8.50 do eemnos and medinm 1.25 (gf S.00 Portland Produce PORTLAND, Ore.. Af. 20 (AP) Country meate Selling price so retail Put AKf "THE OLD HAPPy HALUEE --rwe SXZT The Popeye KfMrWESEf 15; alow, 50 10.00 75$ 9.50 50 7.75 25 0 8.50 50 S 8.15 25$ 6.50 750 6.50 75 5.75 OOfcJ 4.75 25tf 4.0O -MTERESTEOTO KNOW IV st LURED Ttsv're Here! V VER WRONG I I COME. E3ECAUSE I J Tcapcrary Lccslica 173 S. Liisriy - O23 Bksl: ScdH srJ at Portland ers: Ceortry kllUS kera Vet batebera, 115-150 iba. SW-lOe: reaVera (aer 15H- 16 lb. j llgbt Uin, -11-18.' keary l. 11; lamb. epriag. 10lSe ; ewea. S 7a; fod ottaw tews, IN lb.; eaaaer eewa. i-Hlbt feo.ua. 18-11 la. Lie Sialiry Beytaf price: Ka. 1 trad Leghorn kiwilera. 1 V 8 lb 14 : try era aader 9 Iba, 15e; fryers 1 t 4 Iba. 17a; roastc-s -er 4 lba 18; Ler ker beas er t Pa lie; Leghero kea onder 8H Iba- 9e; colored, bene er 9 I be I8; eIwr4 be a 1 t ioa xse; ia ratra a-e. . Dreaa4 . tarkeys e-uaal. Ol4 crop eeiiiaf irwwi Mai N. 1, is, tm 18-14: aew crop 88 lb. OaUas Orefe crystal Wax 9,79 pr SO-Ib. - bag; Oroces Xaarrs 1.OO-1.10; Takimaa 1.9. Potatsaa ratrm OsecWabJafta, 1 -X.O COfV Ray Selllaf prie t retaJlera: Alfal fa K. 1, 14.00-14.50 tea : eal--eUb 10.00 tea ; eiovrr 11.0) tea ; Tiatothy eastern Oreroa 17 0O-1S00 tea; valley Tlatotky l w tee rortian. Wl 1949 aasere) Orecea raafo, 80 94c: ereewbrod 17 X4; WUlamets val ley 19 meatka 83a la. Mohair 1940. 11 moatks 15 la. Caaeara 1940 peel 6e ' lb. Hops Oreroa 1939. -40-41 lb. 1940 contract 80 lb.; 1940 eeedlea 87 40. aeraiaal Doawatle floor eelliaf prir. city de li eery 1 te 95 bbL lots: Family pateata. 48a. 5.70-6.80: baktrs kard wheat, act 4 40-5.85; bakers' blatem. 4.75-5.05; bleadea wbeat floor. 4.90-5.10; soft wheat, 4:80-4.85; graham 49s, 4.50; whole wbeat 49a . 4.5S bbL Wool in Boston u v... . a . . - vmr - ucua f A wmMvm ww. w. , C Www WwUwWIJ dall today. Very few iaqairiea were be ing reiTe4 and bids were generally well kelew dealers' askiaf prices. A few car lota of roan try-packed tkre eighths and qaarter blood k right reoc wools were fieaee, delirered t mill. Demo Picnic Changed The , date of the first congres sional district democratic picnic at Taquina state park has been changed from September 1 to Sep tember IS because of advance ment of the date of the all-state get-together In Portland to Sep tember 1, It was announced yes terday. Toung Democrats of Lin coln county are sponsoring the district rally. Your Pride La Your Pockstl Gentleman of Leisure No Drones in This Beehive I SOSOVfSw - EUTHez -rHATTXAORa kios At onritm BOARO(4Q BSI t4TT4RJB imVPWS.1 WHY DDMT MXl MERI sKsmnrs maac Colonel WlH Hare a Fit! Popeye Slicks out His Chin VOUTJL E3E A t-TT " J. I 1 . r w ips,jv s m sik. f rw. - "sr Li r j-r"-w Ka8aw m v . w i V VErS. BAJT I PUT THE I rviAnrT VAjact3T vam . M VOU HERE VVOULD PfsJD m VOLTD COME. IF JT HAD AKtVTHtfsfCi TO WTTH PkrHTttsia SGI IGwanians Select Salem, 1911 Meet SPOKANE, Aug. I-WrFV-By unanimous vote accompanied by stamnlnr and cheering, northwest KIwanlans today 'closed their JJrd die trie t convention the largest they ever held with a m . m.9 "f ft Tnmaa" CVUUBUU11UUU Ww w- acUTitles and a pledge to help stamp them out. The ' resolution, v r g d that "steps should be taken by public officials or by legislative action to eliminate the recognition ef the rights of organizations classed as subversive to function as political parties or to bo listed on any ballot.- - Further, it added. "Klwanls wilt give fall cooperation to any atepe to eliminate sach group. At the morning session Arthur S. Cory of Chehalls was elected president for IS 41 and Salem, Ore selected for the 1941. con vention city. Grandstand Fund Assured PENDLETON, Ore Aug. 10- UP-'Ror Raley. chairman of the Pendleton roundup finance com mittee, said today the necessary 135.000 to replace the roundup grandstand and other facilities destroyed by fire last week 'seemed assured." Stocks and Bonds Aorast 19 S0BT ATIU-AGZS Compiled by The Associated Proas 10 Ket ebaafa A .1 Taesday 45.4 Prevroos day 65. 1 Vonth ago 56.4 Tear at 55.7 1940 kigk 59 9 1940 low 49.1 STOCK AYXKAQES SO Xadae Ket ebeafo A .6 Taoaday a.- Praeiooa day S7.7 Montk ago r . Vsr sg 64.9 . 1940 bifb - 74.1 ' 1940 low 63.8 . BCD4 A9 S NOUVE ALWAV& I KKEW 10 10 10 A .9 D .1 A1.0 101.1 96 S . 101.9 94.7 899 103.8 964 S7.S 99.9 ' 96.1 67.5 108.9 97.5 58.5 9 9 90.9 S5.1 13 is eo Kails TJtil Stecka A .8 A .8 A 4 15.8 85 8 41 6 35 0 85 0 41.9 , 35.4 85.5 41.4 17.8 88.1 66 8 10.9 40.6 53.8 18.0 80.9 87. Vwf DSOf5-ar SAO) U ZJ30.VI nOLKSARS. Y PlACSI'lTt0R3 A M OUSTSrrnM'DfAVMs-3WTMCJR I rtOMCWMUtS-MCXf S BEESHwVC'FOGO'RajNO Vyii 1 ... r SO I DECIDED TO DO aaAV VUTTM I Ha A. XDCOTAJfJ w -w - ww, w-w, -p w v m rsn DO For the EnCre Family flcrci : Sired Frca Oli ' f ' e- Paroling Fiedler OnnncArl xr T?nin - - Vjr Uu wU J PORTLAND, Aug. 20-V-D trlct Attorney James R. Bain of Maltnomah county voiced opposi tion to parole for George. edler In a letter to Fred Flnsley, sUte director of parole and probation. . Fiedler is serving a sentence of IS years In 'the state prison for his part In the alaying of Multno mah County Deputy Sheriff Ernest Loll. September If. IMS. He Is to have a hearing before the board November 29. Loll was shot as be attempted to take Fiedler and A. Ferdinand Weston Into custody, for shooting pheasants out of season. Weston is serrint a life term. Money to LOAII At Low Bates o Emharraaiilat QetkBs Asked Let Us Help Yoa Fly th Banner of Succesn Slale Finance Co. 3U Stats. Phono 92S1 i Lie. S-213 M-222 67 CLIFF STERRET By WALT DISNEY ty BRANDON WALSH By HMMT MURPHY. CJM.YOLTRET wwONfiAJ MAKE. HIM DIET UNTIL HE. CAM : -Vet- bsito thh SUITS ! THAT-S HOT ONE. - in - i Lcidici fa IDoun! WUh Old D.bta Up! i WlfH acm GrsK-It w J V OstK! AMKi AJsIKj ; j "ttjC. rrit.T- 11 1 , f AV!THAT V OOOO.WE1L S X.I BtULn-THE VOOEVnX PKjHTPOR