The Oregon statesman. (Salem, Or.) 1916-1980, April 23, 1941, Page 10, Image 10

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    PAGE. TEN
Thm OHEGOXI STATESMAIL Solcm. Onrgon. Winday Morning. April 23. 1341
Vheat Shows
Cent Loss
Lack of Progress in ,1
Farni Legislation
. Lowers Futures
CHICAGO, April 22-JP)-Con-tinued
pessimistic war news plus
weakness of stocks and surround
ing commodities were too much
of a handicap for the wheat fu
tures market Tuesday and 'prices
lost almost a cent after a higher
opening.
A warning that the government
would resist unwarranted lard
price increases, failure of expect
. ed flour buying for the Red Cross
to materialize and lack of prog
res in farm legislation also were
depressing factors. Enlarged of
fers of wheat in the face of light
demand - uncovered some .stop
loss selling. Short covering just
before the close raised prices
fractionally above the day's low
est levels.
Wheat finished - cent
lower than the previous close,
May 8914-54, July 87-.
Trade estimates placed the
amount of loan wheat to be de
faulted at around 250,000,000
bushels by the end of the month
when the last of the loans come
due. Price setbacks since the nazi
campaign t in the Balkans started
have lowered the value, of wheat
to a point where it was no longer
profitable to redeem and liqui
date loan stocks. -
Quotations at
Portland
Produce Exchange
PORTLAND. Ore.. April 22. (AP
Butter prints. A grade. 36c; in parch
ment wrappers, 37c in cartons; B
trade 35c; in parchment wrappers,
ttc in cartons.
Butterfat First quality, maximum
f 1 per cent acidity, delivered Port
land. 34', 'a -35c lb.; premium quality
(maximum of .35 of 1 per cent acidity).
33-36c lb.; valley routes and county
r lints 2c less, or 33c; second quality
rents under first, or 33c
Eggs Buying prices to producers:
A large 21c; B large 20c; medium A.
20c; medium B. 19c. Resale to retailers
4c higher for cases, cartons 5c higher.
Cheese Selling price to Portland re
tailers: Tillamook triplets 22c lb.;
loaf 23c lb. Triplets to wholesalers
20c lb.; loaf. 20c lb., f.o.b. Tillamook?.
Portland Produce
PORTLAND, Ore.. April 22. (AP)
Country meats Selling price to retail
ers: Country killed hogs, best butchers,
125-140 lbs., 13-14c; vealers. fey. 16
17c; light-thin. 12-14c; heavy 12-14c;
lambs, yearlings, 6-17c; 1941 spring
lambs, 20c: ewes, 5-9c lb.; good cutter
cows, 12-13c; canner cows, 10-llc;
bulls. 14-14 c.
Live poultry Buying prices: No. 1
?rade Leghorn broilers, l,-2 lbs., 18c;
ryers under 3 lbs.. 18c; springers, 3 to
4 lbs.. 30c; roasters, over 4 lbs.. 21c;
colored hens over 5 lbs.. 18c; hens, 4 to
5 lbs.. 19c; Leghorns under 3','a lbs.,
11-14c; over 3'., lbs. 15-16c. Old roosters
7c lb.
Dressed turkeys Buying prices: New
crop hens 19-20c; toms l-19c.
Dressed turkeys N o m i n a 1 selling
prices: Hens. 22 -23c; toms 21 -22c.
Onions Oregon Danvers, regular
J.50; 3 inch and larger, 2.75-3.00. 50 lb.
bag. New Calif, wax. 2.25 lug.
Potatoes Old Deschutes No. 1. 1.35
1.40: selected Deschutes brand 1.45;
Yakimas. 1.00-1.05 cwt,; Klamath 1.33
1.40 cental; selected Klamath. 1.50.
Hay selling price on tracks: Alfalfa
No. 1. 14.75 ton: oat-vetch 10.00 ton;
clover 10.00 ton; timothy, eastern Ore
gon 17.00 ton; valley timothy, 14.00
15.00 ton. Portland.
Mohair 1941. 12-month. 45c lb.
Wool 1941 contracts, Oregon ranch
nominal, 31 -32c lb.; 1940 eastern Ore-
fon range. 30-32c; crossbred, 34-35c
V'illamette valley 12-month. 34-38c lb
Domestic flour Selling price, city
.delivery. l,to 25 bbl. lots: Fancy pat-
ents. 4s. 6.40-7.00; bakers' hard wheat
net 4.95-5.95; bakers' bluestem. 3.35;
wheat 4.75-4.80; graham 49s. 4.85;
whole wheat, 49s. 4.90 bbl.
HopsOregon 1940, 22a-24c lb.: seed
less, 34c; contract. 1941. 25-26c lb.
Cascara bark 1940 peel, 9c lb.; 1941,
9c lb.
Portland Livestock
PORTLAND, Ore., April 22. (AP)
USDA) Hogs: Salable 300, total 350;
market active.
Barrows and gilts
gd-ch. 140-160 lbs.... S 8.50 9.15
do gd-ch. 160-180 lbs.. 9 00W 9.50
do gd-ch. 180-200 lbs 9 354 9 50
. do gd-ch. 200-220 lbs 9.15i 9.50
do gd-ch. 220-240 lbs 8.904- 9.35
do gd-ch. 240-270 lbs 8.75 9.15
do gd-ch. 270-300 lbs 8.50 a 9.00
Feeder pigs, gd-ch 70-120 .... 9.75910.25
Cattle: Salable and total 100; calves.
salable 35. total 60; market slow.
Steers, good. 900-1100 lbs. .. $10.00911.00
do med, 750-1100 lbs 8.75 i 10.00
do common. 750-1100 lbs. 7.50 1 8.96
Heifers, good, 750-900 lbs 9.50. 10.40
do medium. 500-900 lbs 8 00 9.50
do common. 500-900 1 . 6.75 8 00
Cows. good, all wts 8.00 8.75
do medium, all wts. 7.00 8.00
do cut-corn, all wts 5.75 1 7.00
do canner. all wts 4.75 5.(15
Bulls (yearlings excluded)
beef good, all wts,..u. 8.65(3) 9 00
do sausage, good, all wts. 7.75 W 8.50
do sausage, med. all wts. 8.50 8.90
do cut-corn, all wts 6.50 7.75
Vealers. gd-ch, all wts..,. 1 1. 50 12.50
do com-med. all wts 7.0011.50
. do cull, all wts. . 5.50 7.00
Sheep: Salable 200, total 250.
Ewe, good-choice 4.00 & 4.50
do common-medium 2.5044 00
Lambs, woo led. gd-ch 8 50o 9.00
do medium and ood.. 7. SOW 1 25
do common 6.50W 755
Spring lambs, gd-ch
do med-good ,
10.75 01 1.00
9.50 10.50
Portland Grain
PORTLAND, Or-.. April 22. (AP)
Futures: Open High Low Close
May . 77 77 - 75 75
September 76 76 76 76
Cash grain: Oats. No. 2. 38-lb. white,
26.00; - barley. No. 2, 45-lb. BW. 25.50;
corn. No. 2. Y shipments, 32.00; No. 1
flax. 1.8.
- Cash wheat bid): Soft white. 75;
eft whit excluding Rex, 764; white
club 76: western red 76i. Hard red
winter: ordinary 76; 11 per cent 80; IX
per cent 84: 13 per cent 88; 14 per cent
Tor those who missed Its previous enragements and for these who wish t see It agala the Elslnore thea
tre presents lone With the WladT starring Clark Gable, Vivien Leigh, Olivia DellsTiland and Leslie
Coward for a Limited three day engagement starting Thursday, 'April 24, The O&iaore box office will
pen at 11:45 on Thursday and Friday and at 11:09 en Satsrday with continuous shews all three days.
"Strictly Private9'
DEAR WW'-
rOR. A KMNUTE TODAY I TU0U6UT I
HAD A GOOD CUSTOMER... A GUV U4
A UNIFORM CAMt EV AUb SEEMED
PRETTY WT02ESTEt tU "THEM ARMV '
SWEOSm.SO I FIGGEEED AWSE RE
WS R2M SOME OTHER CAWJP AKlb
UXXMS VCR.
P.S BUT HBWASUT.'
Closing Quotations
NEW YORK, April 22-HyP)-Today's closing quotations:
Air Reduction 354 Douglas Aircraft 63 Penna RR 23V
Alaska Juneau. 4 Du Pont. De N 139 Phelps Dodge 264
Al Chem & Dye 149 Eastman Kodak 126 Phillips PetrL 38 V
Allis Chalmers.... 26 El Power .& Lght ITi Proc 8c Gamble.. 53 Vi
American Can 83V4 General Electric 29 Public Ser NJ 24
Am Car & Fdy.. 23V4 General Foods 36 Pullman .... 23
Am Rad Std Stn 6 General Motors.. 37 Radio - ZV
Am Rolling Mills 12 Goodrich 11 Rayonier . 11
Am Smelt & Ref 35 Goodyear Tire 17 Republic Steel 17
Am Tel & Tel 155 Great Northern.. 23 Richfield Oil -8V
Am Tobacco B .. 67 Greyhound 10 Safeway Stores.. 35
Am Water Wks.. 4 Illinois Central.... 6 Sears Roebuck 67
Anaconda 22 Insp Copper 9 Shell Union 12
Armour 111
Atchison
Aviation Corp
Baldwin Loco .
Bendix Aviation 33 Johns Manville.
Bethlehem Steel 68 Kennecott
Boeing Airplane 12 Libbey-O-Ford....
Borden 19
Borg Warner .... 16
Calif Packing .... 19
Callahan Z L .... 1
Calumet Hec .... 5
Canada Dry 12 Nat Biscuit
Canadian Pacific
Cat Tractor
3 Nat Dairy Prod..
40 Nat Distillers ....
20 National Lead ..
37 NY Central
Celanese ...
Chesapeake t O
Chrysler
Col Gas & Elec
Commercial Solv
Consold Aircraft 23 Ohio Oil 7 US Rubber Pfd-. 86
Consldt Edison.... 19 Otis Steel 7 US Steel 50
Consold Oil 5 Pas Gas & Elec 26 Vanadium 23
Contl Can 34 Packard Motor.... 2 Warner Pictures 3
Corn Products .. 43 Pan Amr Airway 10 Western Union 20
Crown Zellerbh 11 Paramount Pic... 11 Westhse Elec 89
Curtiss Wright. 7 J C Penney 79 Woolworth 28
Salem Market
(BayiBg Prices)
The prices below supplied by a lo
cal grocer are indicative of the daily
market prices paid to growers by Sa
lem buyers but are not guaranteed by
The Statesman:
VEGETABLES
Asparagus, doz. $1.25
Beets, bunch.
doz.
.45
.05
Cabbage, lb
Carrots
.50
1.25
3.75
3.25
1.85
JO
1.30
Cauliflower, crate
Celery, green
Lettuce, 5s
Onions. 50 lbs.
Onions, green
Potatoes, 100 lbs.
No. 1
50 lbs. No. 2..
.45
.40
.025
.25
.75
Turnips, bunch, doz.
Rhubarb, lb.
Radishes, doz.
Spinach, box ,
GRAIN, HAY AND SEEDS
Wheat. No. 1, recleaned. bu .75
Oats. No. 1 21.00 to 22.00
Feed barley, ton 21.00 to 24.00
Clover hay, ton 9.00
Alfalfa hay. ton. 12.00 to 14.00
Dairy feed. 80-lb. bag.
1S
1.85
2.00
wen scratch feed
Cracked corn
EGGS AND POILTRT
(Buying Prices of Andresen's)
Extra large white
Extra large brown
Medium white ,
Medium brown ,
Standards
Pullets
Colored hens
Colored frys
White Leghorn
.21
.21
19
.19
.18
Jl
J5
J8
.13
Old roosters
05
(Buying Prices of Marion Creamery 1
Large specials 22
Large No. A . .21
91. Hard white-Baart: 12 per cent SO:
.13 per cent 92; 14 per cent 94.
Today s car receipts: Wheat 84; bar-
ley 3: flour 23: millfeed 5.
Stocks and Bonds
April 22
Compiled by The Associated Press
STOCK AVERAGES
30
Indus
Net change Unch-
Tuesday t 54.8
Previous day 54.8
Month ago 58.1
Year ago 72 0
1941 high . 63l
1941 low . 54
13 IS 60
Rails Util Stks
A .1 Unch Unch
16.1 31.7 39.1
1.0
16.5
19.0
1L7
15.4
31.7 , 39.1
33.T 41 A
38.8 50.3
35.3 45.0
31.7 39.1
BOND AVERAGES
20
10
10 -
UU1
10
Prgn
D .1
43.7
43.8
44.9
47.5
45.9
38.0
' . : . Rails Indus
Net change 4 A JS Unch Unch
Tuesday , 64.0 104J 100.9
Previous iay 63.5
Month' ago -i 63.5
Year-ago 51.9
1941 high 66.1
1941 low 60.2
104l
104.4
103.1
105J
104-1
100.9
100)
97.0
101-3
99.0
' - - v.- '
1 - m ' t
By Quinn HaU
XT. S ARMV
TX S.KCUTZ 75W
Cxecr to any u-0
sou
J
i
i
4 Internat Harvest 44 Socony Vacuum.. 8
25 Int Nickel Can.. 26 Sou Cal Edison.. 24
2 Int Pap & P Pfd 63 Southern Pacific 10
12 Int Tel & Tel 2 Sperry Corp .. 30
57 Stand Brands 5
31 Stand Oil Calif.. 19
32 Stand Oil Ind 27
Lockhead 20 Stand Oil NJ ., 34
Loew's 29 Stone Webster.... 5
Long-Bell A 2 Studebaker 5
Montgomery W 32 Sunshine Mining 7
Nash-Kelvinator 3 Texas Corp 36
16 Trans-America.
4
13 Union Carbide 63
18 Union Pacific .. 76
14 United Airlines.... 10
11 United Aircraft- 34
56 No American Av 12 United Drug 3
2 No American Co 13 United Fruit 62
9 Northern Pacific 5 US Rubber 20
Quotations
Butterfat, No. 1, 34c; No.
2, 32c; premium 35c.
A grade print 36c; B
grade iiVic; quarters 37 Vic
Medium A
Large B
Checks and under grades
Colored hens - ,
Colored fryers .
.19
.18
J 4
.14
as
45
J2
.10
Leghorn fryers
Leghorn hens, over 3'i lbs
Leghorn hens, under 31.. lbs.
stags
Old roosters :
No. 2 poultry .05 less.
HOPS
(Buying Prices)
1940
J03
8 to
JO
J25
1941
LIVESTOCK
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
4 p.m.)
1941 spring lambs 10.23 to 10.50
Lambs 10.00 to 10.23
Ewes 4.50 to 5.50
Hogs, top, 160-220 lbs 9.40
Veal, too 11-50
Sows l-'ii to 8.00
Beef cows
Bulls
-8.00
7.25 to 8.00
7.0O to 7.50
6.00 to 7.50
J6
Heifers
Dairy type cows..
Dressed veal
WOOL AND MOHAIR
Wool .,
Lambs
Mohair .
.40
J53
.43
Spring Seeding
Nearly Done
At Shelburn
SHELBURN Most of he farm
ers in this section have completed
their spring seeding. This is early
for the seeding to be completed,
but the weather has been very fa
vorable for field work. The crops
sown last fall are in general above
average. A number of fields have
had to be eaten off by sheep to re
tard the growth. .. . .
Berry growers have been visited
by buyers offering five cents per
pound for strawberries and nine
cents for black caps. The cherry
crop in this section has been hard
hit by frost and hail storms.
DeadlineSet
ForGroVvers
Certification Slips
- Must - Be.. Returned ,1
to "Agent byyMay; 1
Strawberry growers who intend
to enter plants for 'certification
this year must get 'their applica
tions from the county agent's of
fice and have them completely
filled out and returned by May 1.
After thadate'theyvwiil hot be
accepted, according to Acting
County Agent Robert E. Rieder.
, Rules and regulations for 1941
are almost similar to those of
former yearsl One change re
quires that fields entered for cer
tification must be from " Oregon
Blue Tag planting stock certified
in 1940. It states further that frac
tional, parts of fields cannot be
entered for certification but only
whole fields which are not imme
diately to uncertified plantings.
The fee for tagging 1941 certi
fied plants has been increased to
5c per tag rather than lc as be
fore. The fees for this year's cer
tification are the same, namely
$7 for the first acre or less and
$3 for each additional acre or
fraction thereof. Half of the total
fee must accompany the appli
cation. Receives Medal
WOODBURN Fred Evenden,
jr., corporal in the.ROTC at Ore
gon State college, has been
awarded the US army first class
gunner's medal. He ranked among
the top six high scoring second
year basic cadets who took the
examination.
Wool in Boston
BOSTON. April 22 AP) USDA)
Scattered sales were being: closed on
the Boston wool market Tuesday.
Graded combing three-eighths and
quarter blood bright fleece wools have
been sold for shipment direct from
the country at 45-4S cents, in the
grease, delivered to users. South Amer
ican wools of these grades were re
ceiving a moderate demand at firm
prices. A fair weight of average comb
ing 64's fine Australian .wool was sold
at 11-1.02, scoured basis, including
duty.
THE LONE RANGER
WHO'S TO
STOP ME
FROM WDIN"?
POLLY AND HER PALS
MICKEY MOUSE
LITTLE ANNIE ROONEY
) i am tun vm i utas tLurrl 1 1 rw-rr aotr ) urx M4qrn flNti csincrc I I if" ur crc-ri e xn i AQr mttt ra it tv I Ivrvfoc ftniN' ijttu tuc iotsjc nm-jrct- T
x inni rirarvcxi rsnrt . i wm i nt i r n rvnsc iw-icu oiiviru I nt-u inni inaiN.c 10 iauiic. nc I nonmai nc wic: rumm vuuh uwn l I
- f MAXJNT VUM BETTER V -fH ttlTl I"" D fUEtT sSS,ALiJ
St,cketsttw (nuts skcunt 3 2S t3tJ Wcf V' AliTLv
SC v 7 , atj53? tt j twevs :jGS&2&F ( rLr$' tJjLy S ARrt !-,
C OOOO-O-O. .. AK?ENT YDU STRONG? I ) Fl " 'T-c-tftT? I WHAT AX I COiN', f CM ON, KNNlE. LETS
ACWE MASTEPmj-lO- ' t ft A'iP ( LETDNS THAT CLOWN ) . J'J f?-J
C' '
I)Sl0fiy' rVl&Sn- KWOW THAT BAD AA WrEAA4Y--TWEREl U V-TTHCXIT W W-2 -- I QV-AM.TAKE IT-I KM MAKE ANOTHER
UmCCWSTOlfcJTH&VXZCe.CeHUU13 BARtXY ASLC TO A4AXC tMOUCH KMOWLCOCC. ko-IISb-- ONE EA6y. WCXL PtCK UP SOME.
A-kTSlMJ S PP-MIUES5 ) QXIDCATrH .TKO UTTIX 9URKX9rmL -'EO0R5XFaU
--WA-T xs- zr( A4xcAjitirroocuvcs tim5uai-ce mi c Vrr-w-rKtACEA
33 WfS Itra - -Sss&cs. i mt swPAAofc- Mkk :
QT " Sffl-gri p ' '7
TnvlE: i' Ut( Jack Hornor .- --
MCE PLACE WlAPHI f THERE ARE AUJOOFj f DOKfT VJORRH Tr- VMfSLLI F EVEM DAW J0sS5i, HJM-1 lo'l I
OUHAVE )lBUrrT.r JOfe OF VMftTER ABOVE ARE TROKltf . THEW MLL E1F. CAMT TC--H C - I
1 Quad Quartet
4 1
'Sound your F," say Tenor Star Bill Perry tm the Kasper quadruplet,
and gets an Immediate response from Felix, Frances, Ferdinand and
-Frank. The Kasper kids, one of two sets of quads to survive in re
cent years, will appear with Perry on the "Saturday Night Sere
nade" program over the Colombia network (not WABC) April 26,
9:45 to 10:15 pan- EST. Prorram coincides with the opening of Na
tional Baby week. The Quads will celebrate their fifth birthday May
9. Their parents are Mr. and Mrs. Emll Kasper, of Clifton, NJ.'
Seriousness of
Onion Disease
Is Stressed
i
Onion growers who wish to get
more information about the yel
low dwarf disease, which has re
cently made its appearance in
Marion c jnty on onions grown
for seed and bulbs, should get in
touch with Acting County Agent
Robert E. Rieder before Satur
day, April 26.
On that day he and Dr. F. P.
McWhorter of Oregon State col
lege will visit as many individual
growers as possible and give in
formation on the disease, which
is potentially the most serious one
ever to have attacked onions
here. Several complete crop
Th
C CALLED HIS HORSE? )l I CALLED HIS J S RED. THIS MAM IS THE A I WONT LET THEM HANG VOU fOR A IHUS8ANO. NOU I WLL KILL HIM! r I
in F Minors
r i
i
losses were reported in Iowa from
the disease until, a concerted ef
fort was made to eliminate it
from planting stock.
According to Mr. Rieder, there
is no chemical spray r control
measures which can be applied
but instead the disease must be
handled by careful roguing of
infected plants from the growing
fields throughout the season. It
is apparently spread by sucking
insects, such as aphis and possi
bly onion thrips, and is not car
ried through the winter in the
seed but in the tuber or bulb.
Sixty-three onion growers met
at Labish Center school house last
Friday, when the disease problem
was discussed by Dr. McWhorter
and Dr. C. E. Owens, both of
Oregon State college.
Against, the little Woman's Wishes
Advance Nottc
Ood-Hopporl
Wanderer Jinx Is BrolcenI
StocksFail
;Upward ; Move- Of i set
cnacrs-Eaccv
War Bulletins
' NEW YORK, Aprfl 22-fiHThe
stock market tried to move ahead
Tuesday then fellof its . own
weight , when traders - withdrew
from'; action" when": faced -i. with
pessimistic war' new. ' -.
Bullish, j earnings reports i 'arid
the rising. tide of industry, stimu
lated by defense production, were
insufficient to offset . the bearish
hews of -British and Greek re
verses in the Balkan "campaign. .
: Some stock - leaders, as the fi
nal bell tolled,; reached low marks
for the year, although .The As
sociated Press average of 60 ;: se
lected issues was . unchanged at
39.1. Transactions totaled 435,860
shares, , mainly traded in" the
morning, compared with 429,600
yesterday. :
Surplus Seen
In Wheat
Report on Condition of
Winter Crop Snows v -JMarket
Quota Need,"
Latest crop reports on the con
dition of winter wheat in America
emphasize the necessity of a vote
on wheat marketing" quotas, ac
cording" to Will . Steen, chairman:
of the Oregon AAA committee. '
The April crop report Indicates
that spring and " winter wheat
production plus the present carry-over
will add up to nearly
li billion bushels. This is about
twice as much. wheat as America
normally consumes In two years.
Other great wheat-producing
countries also report big surpluses
of unsold wheat, making the ex
port outlook dark even , without
considering- the war conditions,
which have cut off practically all
chance of shipping wheat to
countries which could use it. .
The final proclamation of. mar
keting quotas must be made prior
to May 15, and will probably fol
low the May crop report Already
the tentative date for such a ref
erendum, "If called for, has been
set -for May, 31. If the quotas are
proclaimed i and approved " by
growers, all farmers- can sell all '
the- wheat grown on their AAA
acreage allotments. In other
rd .A.croperators will have
nothing to .worry-about uridor th
Jwhat quota' systemf , ; ;j -
Farmers who' have 6vpr-r,int
their aUotmmts wia- have " to
store, the excess or pay a penalty
on "2 it.' Marketing quotas are a
guarantee that 'all wheat growers'
will share .in takings care; of the
surplus,' says ; Chairman "Steeru
National; figures 'show that
wheat growers are cooperating
well .with - the, wheat adjustment
program.-- The . indicated, acreage
this -year - will .be somewhat less
than- 631 million acres, , which Is
remarkably jdose', to ; the "total
acreage allotment of : 62 million
acres. The heavy prospective sur
plus has been brought about by
the stoppage of practically, all ex
ports following several favorable
production years, v ,
Through use of the conservation
practice f deferred grazing,
ranchers in the 1939 AAA range
program reseeded more than 25
million acres of rangeland. l
Thi i money you need
U arcnlobl to you
her and now. Inquire
today at our conven
ient address about our
personal loan service !
For naeney in a harry see
Slale Finance Co.
34l SUte Phone 921
- Lie. S-21J H-222
By FRAN STRIKER
By CLIFF STERRET
By WALT DISNEY1
By BRANDON WALSH
lalLisl-Lt