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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Dec. 24, 1940)
The OREGON STATESMAN. Salem, Oregon, Tuesday Morning, December 24, 1943 PAGE EIGHT Stock Market Continues Low Eighth Straight Session v Fails to Register Progress NEW TORK, Dec Specnlatlre spirits were further dampened today as the stock mar ket for the eighth session in A row failed to register progress on bal ance. - The list started out with mild Irregularity and mixed tenden cies prevailed to the close. Steels, ' motors, rubbers, mail orders, air- crafts and coppers were under water the greater part of the day. Rails and . utilities were narrow and such gains as appeared most ly were tacked on specialties. The Associated Press average of 60 stocks was unchanged at 43. The last , time this composite held a plus sign was on December .13. Bince then the drift has generally been downward. - Tear-end tax selling, especial ly in a number of low-priced , la mes which contributed a large portion of the day volume, con tinned to receive - the - principal blame for buying apatby. Transfers totaled - - 817,660 hares compared with 832,230 Fri day. In addition to account adjust ments, the market received scant Inspiration from business or war news. Even Prime Minister Churchill's speech, which came late in the final hour, failed as either a stimulant or depressant. Ending with modest advances were market street railway pre ferred, Santa Fe, Cudahy, Liggett and Myers "B," Union Carbide, General Electric, Phelps Dodge, Loft and Safeway Stores. Honor Students - Named at School HAYESVILLE The honor roll for the school has been com pleted with the following names: First grade, Shirley Brown, Ed gar Brandll, Donna Greig, Allan Flesher, Richard and Robert Balt ser, Joanne Stettler, S h a r e n Janns, Kenneth Stanley. Second grade, Laurence Kar sten, Mary Newton, Russell An derson, Lois Hall, Carla Smith, Ronald Hamann, Bernard Thack ery, Dick Mowry, Jerry Andresen, Dicky Carey, Junior. Strozute, Carl Cooley. " Third grade, John Henning, Jack Mowry, Phillip Saucy, Joe Teisl, Alice Pond, Anne Saucy, Betty Jean Stettler, Irving Bond. Fourth, grade, Donald Bailey, Curtis Brandll, David Cooley, June Bond, Marlene .Brown, Glor ia Doerfier, Donna Jean Pence Marlene Pentney, Jeanette Saucy, Lillian Mooldridge, Peggy Jo Stanley. " Fifth grade Frances Komyate, Doris DIerks,, JQorqthy WulfemeyT er, Carol Llndse'y, Joyee Hender son, .Jean Badeau, Berbert New ton, Mary Mowry, Bobby Car row. . Sixth grade, Robert Saucy, Al fred Komyate, Betty Blume, Bll lle Willis, Earl Bond. Seventh grade, Beverly Wool dridge, ?Mary Jean Boedigheimer, Charles Saucy, , Lloyd Cooley, Daron Dierks, Laura Lou Newton. Eighth grade, Erma Martin, Betty Ann Willis, Edna Mae Thackery," Wanda Wooldridge, Doris Dimbat, Virginia Komyate, Flora Bond, Jack Kellogg, Robert Clark. "Strictly Private" Grandson Honored At Birthday Party PIONEER Mr. and Mrs. John Keller, sr., honored their grand son, Raymond Frakes, on his third birthday with a birthday dinner. Those helninar him celebrate were Mr. and Mrs. "T. B. Keller and sons, Willis and Dickie, Mr. and Mrs. Leo Kilger and sons, Peter and Leo, Jr., Mrs. Vilma Neswold of Salem, Mr. and Mrs. John Keller, jr., and Dorothy and Shirley and Mrs. Gladys Frakes. Stocks and Bonds rcemb?r 23 S STOCK AVERAGES Compiled by The .Associated Press 30 15 15 60 Indus Bails Util Stock Net chine D .3 Unch Unch Unch Monday 61.3 15.5 34.4 43.0 Previous dir 61.5 l4.5 84.4 43.0 Month ago 63.4 16.9 -. 85.1 44.5 Year ago 72.7 19.8 39.1 50.0 1940 hit-h i 74.2 20.6 . 40.6 52.2 1840 low ., 52.3 13.0 80.9 37.0 .BOND AVERAGES By Quinn Hall Ket ehan - Monday Prcriou day Month a co 'Tear ago 140 high .... 1940 low 20 Bails I.2 59.9 60.1 59.9 57.4 62.S 48.3 10 Indus D .1 105.1 105.2 105.8 101.7 105.9 98.9 10 cm D .2 99.7 . 99.9 99.9 . 95.7 100.7 90.3 10 Forfn D .3 37.3 37.6 38.0 49.7 53.5 35.1 1 TO PBOTCCT U IF MfeCESaw, AiKVjft O.IC" rrs chwswas w,aintit. SO VCO A MP AS 60010 HAXfc. A MEAL- ON 1U EXPENSE- AQCOlxJu... lW.T lS V0DU IKfcAT. W MB, THE DIMES, To" TW5 DiNSR. 3 ffXAtj. jtotttitoL. tfW ?J fy WLC iuflbdE Qojv aju iVvtv Attn,. Ctrrxjuiu trrJL oiv a, -but GuJt ijLw duvo J V24 Closing Quotations NEW YORK, Dec. Al Chem & Die -161 American Can 861 Allis-Chalmers 35 Am Car & Fdy 28 Am Rad Std San 6 Am Roll Mills .. 14 74 Am Smelt & Rel4i Am Tel & Tel .166 Am Tobacco B- 694 Aviation Corp 4 Am Water Wks.. 6 Am Zinc L & S.. 7 Anaconda 26 H Armour 111 4 Atchison 16 Bald Loco 16 Bendix Avia 33 Bethlehem Steel 84 Boeing Airplane 17 Borden 18 Borge Warner .. 18 Calif Packing .... 17 Callahan Z-L 1 Caumet Hec 6 Canada Dry 12 Canadian Pacific 3 Caterpil Tractor 49 Celanese . 26 Ches & Ohio 41 Chrysler 74 Col Gas & Elec. 4 Coml Solvent 10 Consol Aircraft.. 25 Consol Edison .. 25 Consol Oil 5 Contl Can 7 Cora .Products ... 43 Crown Zeller 14 Curtiss Wright - 8 Douglas Aircraft 76 Du Pont . 23 JPf Today's closing Quotations: Eastman Kodak 131 Phelps Dodge El Power & Lt. 3 Phillips Petrol General Electric 32 Proctor ft Gamb General- Foods 36 Public Serv NJ - General Motors.. 49 Pullman Goodrich 13 Radio Goodyear Tire .. 18 Rayonier . Great Northern.. 26 Republic Steel Greyhound 10 Richfield Oil Illinois Central - 6 Safeway Stores.. Insp Copper . 12 Sears Roebuck.. Int Harvester 49 Shell Union Int Nickel 22 Socony Vacuum.. Int P & Pulp 65 Sou Cal Edison.. Int Tel & Tel 2 Johns Manville.. 58 Kennecott 35 Libbey-O-Ford .. 39 Lockheed 27 Loew's 31 Long-Bell A 3 Monty Ward .... 35 Kash Kelvinator 4 National Biscuit 16 Natl Dairy Prod 13 Natl Distillers .... 23 National Lead .... 15 N Y Central 13 N Am Aviation.. 16 N American Co.. 16 Northern Pacific 5 Ohio Oil 7 Otis Steel 9 Pac Amer Fish.. 9 Pac Gas & Elec. 27 Pac Tel & Tel....l20 Packard Motor 8 Pan-Am Airways 15 Param . . 10 J C Penney 83 16UiPenna RR 21 Southern Pacific Sperry Corp Standard Brands Standard Oil Cal Standard Oil Ind Standard Oil NJ Stone Webster .. Studebaker . Sunshine Mining Texas Corp . Trans-America .. Union Carbide .. Union Oil Calif.. Union Pacific .... United Airline United Aircraft.. United Corp United Drug United Fruit US Rubber 21 US Rubber Pfd -.85 US Steel 68 Vanadium Steel.. 32 Warner Pict 3 Western Union.. 19 Westing Elec .101 Woolworth 30 34 39 55 28 25 4 16 21 8 41 77 11 8 25 7 37 6 18 25 33 7 7 8 39 4 68 12 74 15 41 1 4 68 Members Elected to Serve on Soil Committee for Federal Program W. M. Tate of Sublimity was elected chairman of the Marion County Agricultural Conservation committee for 1941, at a meeting in Salem yesterday. Other mem bers elected were Eugene J. Hot ter and Henry Ahrens. The following men were elected to the community committees un der the soil conservation program for 1941 at meetings held last week. - Gervais Chairman, Robert Harper; vice chairman, B. J. J, Miller; regular member, Arthur Goffin. Howell Prairie, chairman, John Tweed; vice-chairman, John Lauderback; . regular member, Clarence Simmons. Jefferson- Chairman, A. L. Page; vice-chair man, B. Homer Davis; regular member, Homer Smith; Mt. Angel Chairman, Eugene Hoffer; vice- chairman, Joe Bernt; regular member, S A. Peterson. St. Paul Chairman, 'A. R. Coleman; vice chairman, Fred Dentel; regular member, C. A. Ratcliff. North Sil ver ton Chairman, Alfred O. Loe; vice-chairman, James C. Bonner; regular member, A. G. Nerlson. South Silverton Chairman, T. R. Riches; vice-chairman, H. E. King; regular member; Paul Ja- quet. Stayton Chairman, W. M. Tate; vice-chairman, Al Hassler; regular member, P. J. EtzeL Turn er Chairman, Eddie Ahrens; vice- chairman, Ralph Dent; regular member, Carl V. Booth. Woodburn otations at Portland PORTLAND, Ore., Dee. 23. (AP) Produce exchange: Battel1 Extras 83 Vic; standards 83c; prime firsts 82 He; firsts 31c. Butterfat First quality, maximum .86 f 1 per cent acidity, delivered Portland. 84-34 4e lb.; premium qoa'ity (maximum of .35 of 1 per cent acidity), 33-35 Vie lb.; alley routes and country paints 2e less, or 33 He; second quality 2c under first, or 32-32 He lb. Eg-fs Portland Produce Exchange Baying prices: Large extras 24c; large standards. 23c; medium extras 23c; me dium standards, 22c; small extras, 21c; small standards 17e. Cheese Selling price to Portland re tailers: Tillamook triplets 21e lb.; loaf 22c lb. Triplets to wholesalers lo lb.; loaf, 20c IS., f.o.b. Tillamook. Portland Produce PORTLAND, Ore.. Dec. 23. (AP) Country meats Selling price to retailers: Country killed hogs, best butchers, 125 140 lbs., 8-9Hc; vealers, fancy 14-14c; light-thin, 10-13e; heary. 9-lle; lambs, spring, 1415c; ewes, 6-8c; good cut ter eosrt, 9-10c; canner cows, 84 -9c; bulls, lO'.i-llc LW ptultry Baying prices: No. 1 grade Leghorn broilers, 1H-2 lbs., 14c; fryers under 3 lbs., 14e; fryers, 2 to 4 bs, 14c; roasters oer 4 lbs.. 15e; Leghorn hens over 3 ft lbs., 12e; Leghorn hens under 3V4 lbs., 10c: eolored hens over 6 lb., 15c; colored hens, 4 to 5 lbs., 15e. Old roosters 5e lb. Dressed turkeys Buying prices: Nsw crop hens 20c; tonis, 16c lb. Dressed turkeys Nominal selling prices: Hens 21 -22c; toms 17-17 Vic lb. Onions Oregon Danrers, 1.00-1.10; Takimas, 90c. Potatoes Deschutes, No. 1, 1.10-1.15; Takima, 1.10-1.15 cwt. ; Klamath 1.15 1.20 cental. Bay Selling price to retailers: Altai fa No 1, 14.25 ton; oat-veteb 10.00 ton; elorer 10.00 ton; Timothy, eastern Ore gon 17.00 ton; Talley Timothy 14.00 15.00 ton, Portland. Wool 1940 eastern Oregon range 80 33c; crossbred, 84-35e; Willamette valley 12 months. 34-35C. Domestic flour Selling price, city de livery, 1 to 25 bbl. lots: Family patents, 49s. 6.00-8 80; bakers' hard wheat net 4.60-5.70; bakers' blnestem 5:20-5.50; blended hard wheat floor 5.50 5.60; soft wheat 4.70-4.75; graham 49s, 4-90; whole wheat 49s. 4.45 bbl. Mohair 1940, 12 months 90s IK Case are 1S40 peel Se lb. Hops Oregon 1940, seedless, 80s lb.; seed. 22 S5 lb. Chevrolet Leaders Confer JSrnator Douglas JIcKay, left, proprietor of McKay Chevrolet company, Salem, ias b conferred In Detroit,, Mich., last week .with C 1 rtskea, center, adrertlslrf manager for the Chevrolet Motor com pany. At rf-ht l J, : W.fUT, EBgeii slealer, mho also attended missions of Cbevrolefs national dealer adTertising coimcJl..,. . , j Portland Grain 75 white. west PORTLAND, Ore., Dec. 23. (AP) nbeat: Open High Low Close May 75 75 75 Cash Grain: Oats. No. 2. 38-lb 25.00. Barley. No. 2. 45-lb. BW. 24.50 Corn. No. 2, EY shipments, 28.50. Flax, No. 1. 1.61. Cash Wheat Bid: Soft white 75 ern white 75Vs; white club 76; western red 76. Hard red winter: ordinary 75 11 per cent 78 V; 12 per cent 82; 18 per cent 84; 14 per cent 86. Hard white- Baart: 12 per cent 81; IS per cent S3V4. Today's Csr Receipts: Whest 43; bsr- ley 1 ; flour 9 ; corn 5 ; oats 1 ; mill teed s. Portland Livestock PORTLAND. Ore., Dee. (U8DA) Hogs: Salable 3300; market active. Barrowa and gilta, good to choice 12345 gd-ch, 140-160 lbs do 160-180 lbs i do 180-200 lbs 23. (AP) 1800, total 78902 5.75 6.25 6.85 6.35 6.15 6.00 5.85 5.00 2839 6.35 7.00 7.00 7.00 6.75 6.85 6.25 5.50 do 200-220 lbs do 220-240 lbs do 210-270 lbs do 270-800 lbs. Feeder pigs, gd-ch 70-120.. Cattle: Salable 1000, total 1100; calves salable and total 75; market active. Steers, good, 900-1100 lbs. .$10.00 10.25 do medium, 750-1100 lbs 8.75 10.00 do common, 750 1100 lbs 7.25 8.75 Heifers, n-ed, 500-900 lbs, 7.00 8.75 do common, 500-900 lbs.. 6.00 7.00 Cows, good, all wts 6.75 7.25 do medium, all wts 5.25 6.75 do cut-corn, all wts 4.25 5.25 do canner, all wts 3.50 4.25 Bulls (yearlings excluded) beef, good, all wts 7.00 7.50 do saasage( good, all wta 6.75 7.25 do medium, all wts 6.25 6.75 do cut-eom, all wts 5.00 6.25 Veslers, gd-ch, all wta 9.50 10.00 do com-med, all wts 6.50 9.50 do cull, all wts 4.50 6.50 Sheep r Salable and total 300; few fat lambs, 25 higher; ewes fully steady. Lambs, good and choice f 8.00 8.50 do medium and good -. 7.50 7.75 do common 6.50 7.25 Ewes, good-choice 4.00 4.50 do common-medium - 2.00 4.00 do common and medium. 2.00 8.75 Conservation Men Chosenin County Saleni Market Quotations (Bnylag Price) The prices below supplied by n IneaJ greeer are indicative of the daily market prices paid to growers y Bslem buyers but an sot guarantied by The Bute man: Beets, dos. Brnssel spronta Cabbage, A Carrots Carrot, balk, orange box Cauliflower Celery, whit Celery, green Celery heart, do. Garlic, tb. ... Ittnee. 4's Unions, 80 lb,. .80 X.00 .03 .80 .75 1.30 1.25 .1.50 .90 .SO S.60 1.10 .IS .25 1.50 1.80 .45 .80 1.00 1.00 .40 1.00 nsATV BAT in SEEDS Wheat, No. 1. recleaned. bu. -75 Onts. Ko. 1 - 11001 to 28.00, reed barley, ton 21.00 to 22.00 Clover hay. ton 0.00 Onions, boiling. 10 lbs. Onions, green, ory Parsnips, bulk, or nag box Potatoes, 100 lbs- No. 1 60 lbs.. No. S Radish, dos. Rntabaras. bulk, orang box flnlnaehu box ..u Turnip, do. Turnips, bulk, orange box Alfalfa hy, ton ia t ld.oo Egg mash. No. 1 grade, 80 lb. bag 1.80 Dairy feed. 80-IK bag 1-85 Ben scratch food l.0 Cracked corn . t OO TOSS Attn VOTTLTST (Saying Price of Anareaen's) n.ida A lmree. do. Grade A medium, dox. Grade B large, dos Colored hens Colored frys Wblta Larhonu hesvv Whit Leghorn fry Old rooster .08 to .22 .19 .19 .12 .15 .09 .IS .05 tfliTlni Vrleaa Af Marian Creamery) Grade A lareg, dos .22 Grade A medium, dos .19 Grade B Urge, dos .17 chairman, H. E. Fellerj vice cnalrman. Herb Coleman; regular member. R. L. Freeberg. These committees are respon sible for the administration of the federal farm program In Marion county and have been elected by the farmers in each community. ' Butterfat, No. 1. 83J.C, No. a Sl Me) prtmlia A grade print B grade 34 quart era 80 He Pullet, dox.. Colored hen a under 5 lb. Colored kens over S lb. Colored fryer Colored boss . .10 . ; as .' .ia , as , as HOPS (Saying Pile) . .20 to J 1940 XJYESTOCX (Baying price for No. 1 tock, based on condition and sales reported ep to 4 p.m ) 1940 soring lambs 7.50 to T.75 Yearling lamb S.00 Ewe , 2.50 to 8.00 Hog, top, 160-220 iba 6.60 Sow - " , - 4.00 to 4.50 Beef cows Bull Heifer Dairy type cow . Un veal Dreeoed veal, lb. . 6.00 ' 6.00 to 6.50 5.60 to 6.50 4.25 to S.OO 8.50 .12 Hog Prices Soar In Sharp Advance CHICAGO, Dee. 23-()-Hog prices soared 25 to 40 cents today in the sharpest advance since the end of August when they reached the year's peak of 17.75 here. Hogs topped at $6.75 today, the best since the middle of October. Other livestock classes made similar advances, lambs pushing upwards 25 to 50 cents, steels 15 to 25 cents and heifers 15 to 40 cents. Livestock men attributed the general rise to lighter receipts and expectation of less competi tion from poultry after the holi day. This, they said, was reflect ed in the pick up in eastern ship per demand. Wheat Has Rally As Sales Improve CHICAGO, Dec -)-After yielding almost a cent, wheat prices rallied today and elosed H higher than Saturday. Most of the baying contribut ing to the recovery was associated with reports of improved flour de mand or expectations of better business after the inventory per iod. Evening up of accounts prior to the Christmas vacation, which, for grain traders, begins at noon tomorrow, and 'lagging commer cila demand was blamed for the earlier drifting trend. May wheat closed at 84-H and July at 79 M. The Septem ber contract, quoted officially for the first time, also closed at 79 i after opening at a fractional dis count under July. Release of official - figures on open accounts showed that prac tically all of the outstanding De cember contracts in . principal grains were eliminated Saturday. Although there was no definite confirmation of any pick up in flour business, southwestern re ports hinted at improved sales. One authority expressed belief southwest mill bookings the past week may have bee nnearly double those of tlfe previous week. la the Liberty district, Hempel was taken to the Bartel hospital hers where it was found, he had dislocated shoulder and a cut over ' the right eye.' His condition ; is not considered ser ious. . . Leave for Los Angeles . MEBAMA-rHrV and Mrs. Ray Philippi and ; Bruce, Mrs. Roy King and Ivan Darby left early Saturday morning bound for Los Angeles where they , will spend Christmas with relatives. They intend to return home about Jan uary 1. - , Remple Injured Struck by Auto DALLAS Jacob A. Rempel was iniured Friday night when be was hit by a car driven by David Entz. The accident occurred about nine o'clock Friday night when Pempel was walking along the road near the Bert Stiles home With Old Debts Up! With Clean Credit lYX Money to LOAII At how Rates Let Us Help You Fly the Banner of Success Stale Finance Co. 344 State Phone 261 Lie. S-213 M-222 Wool in Koton BOSTON, Dee. S3 (AP) (USDA) New buaineta vu very quiet today in the Boston wool market. A few manufac turer recently awarded government eon tract a were taking np option which they have been holding on Sooth American woola. Interett wn ahown also In Aus tralian and Sooth African Merino wools that had recently arrived. Most kinds of domestic wools wero quiet and nominal quotation were unchanged compared with last week. Farmers' Cooperative Holds Election DAYTON There were 35 co operative farmers who attended the 1941 election of community committee officers at an agricul tural conservation meeting held at the Webfoot grange hall on Thursday afternoon. Harry Allison of Falrriew dis trict was elected committee chair man ; ' James Richardson,' vice chairman, and Charles Carr, com mitteeman. ; WANTED WALNUTS, FILBERTS and NUT MEATS Cash on Delivery II. KLOnFEM Packing Company 460 N. Front - Ph. 7833 THE QUINTS' CHRISTMAS BY BRANDON WALSH roi ckoo: Tool- 1 -rt- POLLY AND HER PALS Let Your Conscience Be Your Guide I By CUFF STERRET f "TW1NOS SUReTiS - ( ITiS L RUSHED "TOA.V, EH? ) e'liil P,VE V , I (O'CLOCK ,1 i WAL OP COURSE. IF5 VfoU hr-iiNK rrs ALL right TO LEAVE ME WITH ALL rn-llS UNFINISHED WORK .-- )(WHy MR. PERK1NS- - " " j I il VTSTT Z7-ld I f BEIN3 "IWB BOSS l J rf6?t rjfri I oa surelv worry Si v rA; ni9Ai t o3r. it MICKEY MOUSE A Friendly Visitor By WALT DISNEY riiiiiPii rsTrsiR ooi iPTlrlM iLl l. i A -l- UTTLE ANNIE ROONEY A Game oi Hide and Seek , By BRANDON WALSH Uvl; T ; V Wff XOOX LOOKf HX. I VtS ZERO IS CUTE. 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