Thm OREGON STATESMAN. Salem, Oregon, Friday Morning, February 21. 1941
-PAGE EITTEETX . " ' ' - .
"' """ l" " J : : : - - -- - - - . . , - - -
Stocks Shift
To Full Speed
(to first
Recent Losses Made
up in Kecovery -
Drive of art ; :
NEW YORK, Feb. zp-tTJ-roe
gtock market shifted from reverse
speed forward today and
"Strictly Private"
By Quinn Hall
2
retrieved 1 to around 3 points &
recent losses for leading Indusr
trials and rails in the best gen
eral upswing in nearly four
months, ::'"
The list acted better at the
start, imd, while there was no
buying rush at any tone, the
steady rallying trend was main
tained throughout the session.
Although scattered issues finished
under their tops, many favorites
closed at or near best levels.
The jprincipal fly in the recov
ery ointment was the continued
sluggishness of dealings. Transfers
for thf five hours totalled 451,
630 shares compared with 465,430
yesterday when the direction was
downward. The Associated Press
average of 60 stocks, however,
held a net gain of .8 of a point at
i 40.7. It was the largest climb in
this composite for any. day since
. November 7.
Helping the right-about, brokers
said, were reports from Washing
- ton dongress was considering
some Iterations of the tax laws
as a means of easing the burden
of exejess profits levies for cor
porations. In addition, a little
more notice was taken of the op
i timistic business picture and the
) opinions of defense authorities
. that the labor situation was well
In hand.
. CAMP WX
DCAfc HAUtO- y
VIA m WB SCO TDCAV--, A Jf
1 r i
x
Wheat Prices
Advance
CHICAGO, Feb. 20-i'P)-Chalk-ing
up gains of a cent or more
In some cases, wheat prices ex
tended the recovery that has
been under way the past three
sessions to about 3 cents from
the five months' lows established
Monday. T
The upturn was based largely
on strength of securities, reports
of crop damage in the southwest
and scattered mill demand. Buy
ing of previous short j sellers to
stop losses on the price rise added
to the market's support.
Wheat closed at the 'best level
of the day, - cent higher than
yesterday, May " Wa-V July
76-75.
Some traders expressed belief
mill demand may have been ac
celerated as a result of the mar
ket's reversal of its recent down
ward jtrend but there was no con
firmation of any large soale busi
ness.
VJAS m rACB TDCAV--, A
COOPIS. OF 600D LOOKERS WENT
OUTSIDE. W.TEKTTH&TWMGS THEV
said ran: our loud uouu made
BJBl feUSStLUC MUSW THOUGHT
X UAS DEAF -OR CfATHtt4..
XT MB SUT X SHOVED
WM IMftDE "Wfc TEMT
AMD FOOOUJtO twp
sBrraweMOMi
wev dwtewen
WOTTCe. ME.
1-21
Cream Law
Supported
Closing Quotations
S3
Salem Market Quotations
Ero
(Baying Prices)
The prices below supplied by a local
grocer are indicative of the daily mar
ket prices paid to grower by Salem
buyers but are not guaranteed by The
Statesman:
VEGETABLES
Brussela sprouts $1.00
.04
JSO
1.25
1.40
3.75
.40
2.75
.40
1.10
.40
.75
1.30
.45
1.00
43
Cabbage,
Carrots ,
Carrots, bulk, orange box..
Cauliflower, crate
Celery, green
Garlic, lb.
Lettuce. 4's ;
Mustard greens, doz ;
Onions, Ml lbs. ,
Onions, green
Parsnips, lug
Potatoes, 100 lbs.. No. 1-
50 lbs., Wo. Z..
Hot house rhubsrb, box -Radishes,
doz.
Turnips, bulk, orange box 1.00
GBAM HAY AND ttLUS
Wheat, No. 1, recleaned, bu .75
Oats, No. 1 SI. 00 to 22.00
Feed barley, ton 21.00 to 22.00
Clover hay, ton B OO
Alfalfa hay, ton 12.00 to 14.00
Egg mash. No. 1 grade, SO lb. bag 1.80
Dairy feed. 80-lb. bag 1.35
Hen scratch feed 10
Cracked corn 2.00
EGGS AND POULTRY
(Baying Prices of Andreien'i)
Grade A large, dor .16
Grade A medium, doz . .14
Grade B large, doz .14
Colored hens .13
Colored frys 45
White Leghorn, heavy .08 to .09
Whit Leghorn frys .13
Butterfat, Ne. 1, 32c; No.
t, S0Vi; premium, SSVic
A grade print, 35c; B grade
34c; quarters 36c
Old roosters
.05
(Baying Prices of Marion Creamery)
Grade A large, doz..
Grade A medium, doz
Grade B large, doz
Pullets, doz.
Checks and under grades-
Colored hens
Colored fryers , ,
Leghorn fryers .. ,.-
Leghorn hens ,
Stags .
Old roosters
No. 2 poultry .05 lees.
.16
.14
.14
JO
JO
J3
.12
Jl
.10
.03
.03
HOPS
(Baying Prices)
1940
LIVESTOCK
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
p.m )
1940 spring lambs 9.75
Yearling lambs ', 6.00 to 7.00
Ewes 3.00 to 5.00
Hogs, top, 160-220 lbs 8.50
Cheesemakers Okeh
Appropriation at
30th Conclave
CORVAIXIS, Teb. 20-(ff)-U. S.
Long, Tillamook Cheese associ
ation creamery manager, was
elected president of the Oregon
Dairy Manufacturers association
at the close of its 30th annual con
vention tonight.
Other officers included L. y 1 e
Hammack, Portland, vice presi
dent: F F. Moser, Corvallis, treas
urer; Dr. u. w. w lister, Oregon
State college, secretary, and sev
en directors, An tone Larsen, An
drew Tacchella, N. A. Peters, J. H.
Steele, all of Portland, J. H. Big
ler, ML Angel, Percy Murray,
Klamath Falls, and Reed Ferris,
Tillamook.
Peter Reich, Portland, butter-
maker for the Dairy Cooperative
association, won the Oregon grand
champion buttermakers trophy
for the second consecutive year
on the basis of average scores in
cold storage and fresh butter con
tests.
The convention, which closed
with a banquet for 275 persons at
Oregon State college, approved
an appropriation of 125,000 to
continue state enforcement of the
cream grading law and asked re
instatement at the state fair of
dairy products contests dropped
last year.
A committee was authorized to
confer with other dairy groups
and work out a new policy for
handling the college creamery,
probably permitting commercial
operation to provide additional
funds for research and instruction
The associations resolution
pointed out that it would be bet
ter for the industry if the col
lege plant could make money
needed for research which would
not be available from tax sources
A resolution also was passed
thanking the state board of higher
education for temporary improve
ments in the college creamery but
asking that the next building
planned be a new dairy products
laboratory.
NEW YORK, Feb. -(HToday's closing quotations:
Air Reduction-- 38V. Douglas Aircraft CS-Penha RR
Alaska Juneau 4tt Du Pont De NH3 Phelps Dod
Al Chem & Dye145 ; Eastman Kodak-127 - Phillip Petrol 35V4
Ais Chalmers- 29 El Power & Lt 3Vfc Proct Gamble 52
American Can 84 General Electric 31 Public Sex NJ 28
Am Car & Fdy 24 General Foods 35V Pullman , ; 23
Am Rad Std Sta 6 General Motors- 41 Radio 4-
Am Roll mnia 12 Goodrich . IS . Republic Steel 18
Am Smelt & Ref 39 Goodyear Tire 17 Richfield Oil ; 7
Am Tel & Tel 157 Great Northern-, 24 Safeway Stores. i8
Am Tobacco B 69 Greyhound 11 Sean Roebuck 71
Am Wat Works- 5 Illinois Central .6 Shell Union 11
Copper.
10
Sows
Beef cows
Bulls
Heifers
Dairy Type Cows
Live veal
Dressed veal. lb.
6.00 to 6-5
7.00
.6.75 to 7-0
6.50 to TOO
4.50 to 6.00
12.00
J5
Quotations at Portland
PORTLAND, Ore. Teb. 20. (AP)
Produce exchange : Butter Extras
31ic; standards 30c; prima firsts 30ic;
firsts 31c.
Butterfat First quality, maximum 6
of 1 per cent acidity, delivered Port
land, 33-32','jC lb.; premium quality
(maximum of 5 of 1 per cent acidity),
34-34V2c; valley routes and, country
points 2c less, or 31 Vic; second quality
2c unier first, or 31-31 lie.
Eggs Portland Produce Exchange
Buying prices: Large extras 16c; large
standards 15c; medium extras 14c; me
dium standards 13c.
Cheese Selling price to Portland re-
Cross Word Puzzle
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HORIZONTAL
1 rSlender stick
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----Inspire with reference
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14 -Hign priest of Israel
15lWhoae ettate vat MontictUvT
17 Cereal grass
18 Comfort
19 f Title of respect
21-4-oung salmon
23-fConf er knighthood on
2DWS-8haped molding
29 Indian madder
Printer's measure
32-lDine
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SS-fWhat was the name of the fa
movi fnm.tiertm.an: Kit t
88 Remunerated
40- f-Aastralian bird
41- Larga soak
c 43-4-Towards
44 Symbol for tellorltna
40-i-AXeW ,!
47-f Long narrow Inlet
49-i-More than 1
Bl Whit linen vestment
, S3Vk9 wtU -ilia Lulu BttPt
6S Malawi - i
B7--Holds the attention
C2-i-Cackoo .
C3-Femunt nanta 4 -64-i-Also
C5 Seed of a well-known Tine
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C7-HAppropri ate
j VERTICAL
lJ-Reign (India) I
: 2 Be indebted t
Postpone r
44-Poems
. BVentilated ,
6--Thicg: in law 1
' : 7-Self .-. viS'SA'jh
-JUPnta on
TFAat was ie tott eellled of tX
, . thirteen original attuetl
11 Pose for a portrait
16 Costs of transportation
20 Maiden loved by Zeus
21 Short distances .
22 Franciscan mission
24 Plural pronoun
25 Prickly envelope
27 Select company
Z8 Church officer
31 Crowd
33 Fondle
S6 Where er the $alt minea
Wallachuil
37 Correlatiye of neither
39 Who wrote "The Harbor" t
42 Sloth . '
46 Hebrew name for God
48 Authorized representative
SO Who was the Roman goddttt of
the hearth!
52 Prices offered
54 River in Armenia
55 Undermine
56 Unit i
68 Pinch
59 Linguistic stock of Indo-China
60 Summit
61 Drunkard
Answer to yesterday- pud
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QalS n UaJqgTe
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oil lslblAJr7Dr fTT nh p
ttTTsfEl 'a'n'g'eIp
' Jtvstaga Ue ss
ta tiers: Tillamook triplets 21c lb.; loai
22c lb. Triplets to wholesalers 19c lb.;
loaf. 20c 1C, l.o.D. xiuamoo .
Portland Grain
PORTLAND. Ore. Feb. 20. (API-
Futures: Open High Low Close
May 72 72 72 72
Cash Grain: oats. no. z. 38-id. wnne
24i. Barley, no. 2. 43-lb. BW, Z3
Corn. No. 2, Y shipments, 28i. No,
flax 1.73.
Cash Wheat (Bid): Soft -white 73i:
western white 74; white club 75; west
ern red 75. Hard red winter: ordinary
74: 11 per cent 76fe; 12 per cent 79ft;
13 per cent 81'i; 14 per cent 84. Hard
white-Baart: 12 per cent 801a; 13 per
cent 82i: 14 per cent 84a.
Todays Car Receipts: wneat 13;
flour 12; hay 1; millfeed S.
Am Zinc L. & S 6Vi Insp
Anaconda 23 Internatl Harv 47
Armour 111 . 4H Int Nickel Can- 24Vi
Atchison 22 Int Pap & P Pfd 59
Aviation Corp 3 Int Tel & Tel 2
Baldwin Loco 14 Kennecott 32
Bendix Aviation 34 IDey-o-iora - 33
Bethlehem Steel 77 Ioceaa
Boeing Airplane 14 Loew's -
Borden ; ' 18 Ixmg-Beu A 2
Borg Warner 18 Monty Ward 35
Calif Packing 17 Nash-Kelv AYa
Callahan Z L
Calumet Her
Canada Dry
Canadian Pacific
Cat Tractor
Celanese
Chesapeake & O
Chrysler
Col Gas. & Elect
Com! Solvent
Socony-Vacuum- 8
Sou Cal Edison- 25
Southern Pacific 8
Sperry Corp 33
Stand Brands 6
Stand Oil Calit, 18
Standard Oil Ind 25
22 Standard Oil NJ 33
32 Stone Webster 6
Studebaker 6
Sunshine Mining 8
Texas Corp 35
Union Carbide 63
Union Ofl Calif- 13
Union Pacific 77
1 National Biscuit 17
8 Natl Dairy Prod 13
12 Natl Distillers 21
3 National Lead 18
44 NY Central 12 United Aircraft- 37
23 No' American Av 13 United Corp life
United Airlines. 13
40 No American Co 15
66 Northern Pacific 6
4 Ohio OiL . 6
8 Otis Steel 7
Consolid Aircraft 23 Pac Amer Fish 7
Consolid Edison- 20 Pas Gas & E3ec- 26
Consolidated Oil 5 Packard Motor 2
Contl Can,,, 37 Pan Am Airways 12
Corn Products 44 Paramount Pic 10
Crown Zellerbch 13 J C Penney 75
Curtiss Wright-. 7
a
t 63
19
United Drug.
United Frui
US Rubber.
US Rubber Pfd- 83
US Steel 57
Vanadium 27
Warner Pictures 2
Western Union 20
Westingh Elec S3
Wool worth 30
Dairy Meet
Scheduled
DALLAS The annual winter
meeting of the Polk county Dairy
Herd Improvement association
will be held at the Rickreall
grange ball on ' Wednesday,
March 26, beginning at 10:30
ar, according to W. C. Leth,
Polk county agent. 'A covered
dish dinner will be held at noon.
All Interested are Invited.
Special discussion of dairy feed
ing and management is planned.
The annual election of officers
will also take place at this meet
ing. Present officers and directors
include H. N. Dickinson, Inde
pendence, president; M. B. Find
ley, Rickreall, vie e-president;
George Woods, Dallas, secretary;
Fred Werth, Willamlna and Dick
DeJong, Amity, directors.
Tommies and Yankees
Map Plans to Clip
Heinies9 Wool
BRADFORD, Eng, Feb.
-Reports circulated here today
that the British and United States
governments are considering
plan for joint purchase of all
South America's wool clips for
the duration of the war to pre
vent wool gomg to Soviet Russia
for possible subsequent transfer
to Germany.
Polk Farmers
Are Hosts
Dallas Merchants
to Be Dinner '
Gnests
DAIJS Merchants of Polk
county will be guests at a farm-
er-merchanr dinner to e held
in Dallas on Monday night, Feb
ruary. 24, in the chamber of com
merce rooms.
The dinner is sponsored by the
Polk county Agriculture Conser
vation association and more par
ticularly by the county conunit
tee who directs the activities of
the association.
Harry Schoth of Corvallis,
the USDA agronomist, will be the
main speaker Schoth recently
made a trip through the south to
observe the effect and results Cf
the use of .Willamette valley
grown annual legume seeds - for
cover crops and green manure
purposes. He spent . considferable
time investigating possibilities for
Stocks and Bonds
STOCK AVEAG U
February 20
Compiled by The Associated Jress
m is is ea
Indus Rails Util Stks
Net chanf Al.l A Jt A A A -
Thursday , 57 - 1CJ 33 40.T
Previous day M.l IS 3X 39 J
Month ae Sl 173 . OS- 4X7
Year ago 71- - UJ 39.4 50-
1941 hlxh 63a 17.T 35- 45.0
1M1 low 53 15.4 3S 3S-
BOKD AVERAGES
30
Rail
Net chance A .
Thursday (01
Previous day 60
Month acc . 63J.
Year ago , 57.6
mi hich 64
mi low 60
Low yield 113.1
10 10
Indus Uttl
D J A J
104.4 S-
104- 99 1
104- 101.0
102.4 96.T
103- 101-
104.4 SO-
10
Frfn
a a
40.4
50
, 41-9
3641
fuxlther expansion; cf the seed
business there and in the oppor
tunities for disposing of more seed
in !the states farther south. j
Qne purpose of the dinner is to
give farmers and merchants an
opportunity to discuss various ag
rictiltu ral problems,, particularly
those in connection with agricul
tural conservation 'program as it
operates in this county.
R. D. Pence, Rickreall, chairman
of the county committee, will give
a brief report onr the status cf
the; program at present and also
supply information of changes go
ing; into effect this j year. Other
members of the committee assist
ing in arrangements are Robert
Mitchell, Perry dale,: and Claude'
Hobington, Monmouth.
f
potatoes Top
(mmoclilies
Fuit and vegetable commodt
tleis inspected and J certified by
the j federal-state shlpoine rjoit
serf ice for January showed m
gai4 over the preview-- jt
were down slightly from a year
ago Carlots inspected and certi
Cexf in January, ! 94 1, were 2,
231 Vi; snd trucklots, 945. These
figubs do not include 48,177
pounds of bulk walnuts inspected.
Certifications included 214 car
loads of apples; 27H carloads of
brin cherries; 314H carloads of
pears; 34 carloads mixed fruits;
S carloads cold pack strawberries;
1H j carloads strawberries -for
freezing; 1 carload, bulbs;, 271
carloads onion; 1357 Vi carloads
potatoes; and 5H carloads ,oron
sets.! .
Potatoes topped "the list of
trucklot inspections, which In
dudedyTp lots of potatoes, 64 lots
of apples, 38 lots of pears, 2 lots
of onion sets.
See
Us
T7hen
You
Heed
Beady
Cash
Money
Promptly
At Low
Rates
STATE FDIAIICE CO.
344 State Pone S281
'lie. S-216 M-222
POLLY AND HER PALS
Ashur's Nothlncj to Worry About!
By CLIFF STERRET
THIS HERE CA1NTIN' AJ
t arer -ay r -- w
6-TT1NV.V &VOULDmV
MUPTTHATUAZV
LOUT ASH,
tN!
VOOlN'TH'eCVAM lr4JUSTCJ R-Y J
FACT tSt ME LOOSED IN BTORE AN'
V- eAO WE WU2 QOMNA DO
v r SOME PMNTlN. f-' '
v . TOOJ 7 - '
&VX SAf? ITVOUGWT THA7SPI6HX CNM. N
AUNT SU6ElO VUH BUT THERE AlNIT HO K
WUZ 6ONMA QTT jX. HURRV-TH FUTURiST
BUSV WTTHTM' ( ART SmOW DOWTOPEN
-AN My MAiAERPeCE.TSCR AMBLED
EOGS AT DAWN17 WILL Be READ" ,
KM PVENTV CT1M
Portland Livestock
PORTLAND. Ore. Feb. 20. (AP)
(USDA ) Hogs : Salable 400, total 500;
butchers 10-15 lower.
Barrows and gilts
g-Ch, 14O-160 IDS 7.73 -
do gd-ch. 160-180 lbs
do gd-ch, 180-200 lbs
do gd-ch, 200-220 lbs
8-5 & 8.75
8.60 (& 8.70
8-5 & 8.75
8.000 8.50
7.75 8-5
IJSOtp 8.00
7-5 8.00
do gd-ch, 220-240 lbs
do gd-ch, 240-270 lbs.
do Kd-ch. 270-350 lbs
Feeder vies, gd-ch. 70-120,
Cattle: Salable and total 75: calves.
salable 25, total 50; steers absent.
Steers, good, 900-1100 lbsS10.00 11.00
do med. 750-1100 lbs... 8.50010.00
do common, 750-1100 lbs
Heifers, good. 750-900 lbs-
do medium, 500-900 lbs.
do common, 500-900 lbs
Cows, good, all wts.
do medium, all wts
7-508.50
9.00 9-5
75 & 9.00
65-7.25
7- 00 8.00
6-5 7.50
8-50 S.25
45 5-5
7.50 S 00
7 5l 8.00
6.50 S 7-5
do cut-corn, all wts
do carmer, all wts.
Bulls (yearlings excluded)
beef, good, all wts
do sausage, good, all wis
do sausage, med. all wts
do sau&aee. ct-cm. all wts 5 0 6.50
Vealers. gd-ch. all wtsl 1.00 12.00
do com-med, all wts 8.00 (j 11.00
j do culL all wts 5.50 & 8 00
Sheep: Salable and total 75; few
small lots lambs steady. .
Lambs, good and choice $ 9.50 10.00
do medium and good , - 8.75 it 95
do common . 7.73 (Vi 8.50
Ewes, good-choice . , , ., -., 5.25 it 9.75
do common-medium 3.73 j a 9
Portland Produce
PORTLAND. Ore.'Teb. 20. (API-
Country meatsSelling price to retail -
s: country killed nogs, best butchers.
125-140 lbs. ll'i-12c: vealers. fey. 17-
18c: light-thin. 12-15c: heavy 12-14c:
lambs, old crop, 16'i-17c; ewes S-lOc;
good' etitter cows', 10-llc; canner cows,
7-l0c: bulls, ll'-13c.
Live poultry Buying prices: No. 1
grade Leghorn broilers. i'-2 lbs.. 14c;
fryers under 3 lbs.. 14c; fryers, 2l to
4 lbs.. 16c: roasters over 4 lbs- 17c:
Leghorn hens over 3Vs lbs., 10-13c; Leg
horn hens under S lbs.. 10c; colored
hens over 5 lbs., 16c. Old roosters 6c
lb. ......
Dressed turkeys Buying prices: New
crop bens ia-20c: toms 18-19C.
Dressed turkeys Nominal selling
prices: Hens zzc: toms zo-zic.
Onions Orecon Danvera. 1 .00-1 5:
Takimas, 1-5-1-5; Idaho large Spani 1.
i.w sacs. '
Potatoes Deschutes. No. 1, 1-0-1-5;
elected Deschutes brand 15-1.3 5;
Yaklmas, 1-0-1.05 cwt.: KUmath 1.15-
13 cental. Selected Klamath. 15-15.
Hay Selling price to retailers: Alfal
fa No. 1. 145 ton: oat-vetch 10.00 ton:
clover 10.00 ton; Timothy, eastern Ore
gon li.oo ton; valley Timothy 140-
19.09 ton Portland.
ju contracts, Oregon rancn, nom
inal. 32c lb.
Wool 1940 eastern Oregon ruin V.
32c: 1941. contracts, Oregon ranch nom
inal. 30c lb.; crossbred, 34-35c; W il
ia me rut vauey u montns, a4-35c
Domestic SourSelling price. - city
delivery, 1 to 25 bbL lots: . Family pat
ents. 49s, 9.63-6.73; bakers' hard wheat
net 4-0-9.45: bakers bluestem 40-52O:
blended hard wheat Hour 5.00-5 O; soft
Wool in Boston
BOSTON. Feb. 20. AP) (USDA)
tb JBoston wool inarket continue
fairly active today. Sales of gra ed
French combing fine territory wools
were rerorted at SI to S1X)3. scoured
basis. Graded half-blood combing ter
ritory woois Drought M cents to 91JO,
scoured basis. A few lota of three
eighths blood combirur territory wool
moved at M to M cents, scoured basis.
Demand for the finer grades of for
eign wooia conunuea good at steady
MICKEY
"wTUSNED BY
THE P K5ASTER
TO THEIR
MRSHIP A.NO
EQUIPMENT, THE
DOST1BONES
EXPEPITION
IS SUNK IN
DEEP OLOOM!
MOUSE
i-CAN HARpLV BELIEVE V .V
X TOTAL LOSS! :-J.
v v -i fvr?-JusT when; . J
V EVERYTHING X 5 1
Another Danger to Face!
Omr-J 60SH
By WALT DISNEY
LITTLE ANNIE ROONEY
Noise Meant Ei-ciency
By BRANDON WALSH j
GLORVOWCV; JWEU..X GOT IT GUJEO )
CAPXAJW 5T1M-, I iTOGETHER ASAlMj
rr-wruL it ffigsft ' "v
1 ALLTVOr PKRT8 ARC BACK
WWERE THEY BELOUQ
HOPCf THE TEEH4a
GEAR IS OKAY-TWe WHEELS
AREON-WOWAUTHAVETD
ABOUT IS THB
ENGIKE
w, -.-. 1 1 1 mm. v. iy-
7 HSYcoMcr,Qura captaw tm r
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1r - - - -
TOOTS " AND CASPER
Ezra Pleads "Not Guilty"
By JIMMY MURPHY
HOWLON- S1NCH
HAVE VA BEEN jgf MONPA.V Q
Usi TOWKJ, MOBNINV
EZRA? ylilk CA..PER.
AH-Hi THAT CXPLAtMS
m tbuRB ths ruy
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LEPT A Total, op
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