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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Sept. 17, 1941)
pags eqiit Stock Market Leaders Gain - t '. - . Late Support Permits -Point Fractions Rise; Day Was Irregular NEW YORK, Sept 1MP-Mild late support came Into the stock market Tuesday and enabled leaders' generally to emerge from rather hesitant session with ' gains of fractions to around a oint ' - -' ': ' . The list displayed considerable Irregularity from' the start but offerings were exceptionally light and this, brokers said, inspired a little bidding after mid-day on - the theory, the market was in a position to rally on the appearance af any worthwhile news. ' Early indefinite trends were blamed partly on the inclina tion of many customers to stand aside pending repercussions from the" navy's shoot-first' order in relation to Atlantic axis raiders which went into effect today, ; There was a tendency to pro ceed carefully while congress' took final action on the tax bill and other controversial meas ures having to do with defense and price control. The , war picture remained sketchy and little alteration was noted In the business scene. , Some optimism was credited to rumors in board rooms that Washington and Tokyo were about to announce an accord on Far Eastern questions but dispatches from China and Japan failed to bear out this talk. . : The Associated Press average of CO stocks ended with a net gain of .1 of a point at 43.6. Of 749 issues traded, 305 were up, 217 down a d 227 unchanged. Dealings were slack until the concluding half-hour when several large blocks of low-priced issues pushed transfers to a total of 608,190 shares against 463,850 Monday. There was one trade of 45,000 shares of Commonwealth & Southern, unchanged at . Stocks edging into new high ground- for the year included Atlantic Gulf & West Indies common and preferred, Loew's, Savage Arms and American Ma chine & Metals. 'Salem Market Quotations The price below supplied by a lo cal grocer are Indicative of the daily market price paid to growers by Sa lem buyers but are not guaranteed by The Statesman: VEGETABLES Apple, box .90 30 135 J02 SO IM Beet, bunch, doz Brussel sprout, flat Cabbage, lb. Carrots . Cauliflower, crate Buying prices: A grade print 41c; B grade 40e; quarters 42c. Baying prices: Batterfat No. 1, 41c; No. 2, 37e; premloh, 42c -Jelery, green Com, fresh, doz, 1.40 .15 J30 J5 uanisn squasn. . uarlic. id. Hubbard squash .019 Lettuce, as 1.85 .40 .75 1.10 JO .02 1.85 , .60 . .40 . .60 . 1.00 Mustard Greens, doz. Parsnips, lug ., . Onions. 60 lbs. Onions, green Peppers, green, lb. Potatoes, 100 lbs.. No. 1 new Potatoes, No. S, 50-lb. bag Radishes, doz. Tomatoes, flats , Tomatoes, bushel , GRAIN, HAT AND SEEDS (Bovine Prices) Oats, No. 1 24.00 to 25.00 Peed barley, ton .25.00 Clover hay. ton 8.00 to 10.00 -10.00 to 12.00 1.50 2.15 Alfalfa hay, ton Dairy feed. 80-Ib. bag, Hen scratch feed Cracked coin Wheat SU5 1.00 DO to EGGS AND POULTRY (Baying Prices of Andre ten's) Extra large white Extra large brown Medium , Standard )3 33 23 29 46 J6 ! Pullets 'Colored hens Colored fry White Leghorn J7 J3 JOS Old roosters (Baying Prices of Maries Creamery) i -Jtfge A J3 : Large B - J29 ' Medium A , 9 ! Medium B 29 Pullets J6 Checks -- 22 Colored hens J6 Colored fryers - J4 Leghorn fryers ' JJ : Leghorn hens, over 3',i lbs. J5 Leghorn hens, under 31, lbs .13 - Old roosters .05 No. i poultry X5 less. HOPS BDylng Prices) Seeded 1941 i, ...., : Seedless J32 to .33 LIVESTOCK - - (Buying prices for No. 1 stock, based on conditions and sales reported , up to Top lambs ., ' ' ,,, ' ,, ,;. . 10JO Ewes .. 4.00 to 4 50 Hogs, top 160-200 Ihs ,- 12.25 Sows , 9.75 to 10 25 Veal, top Dairy type cows Beef cows 12 50 5.00 Jo 7.0CTto 8 00 to 6.00 to 650 7.50 Bulls too Heifers Dressed veal 7.00 J9 WOOL AND MOHAIR Wool Lambs Mohair 2 Ai Apple Mart Unchanged; r.Mnoa FnaiVf Lnwir w " PORTLAND, Sept It -UPl - Apples were unchanged at wbole- - tale Tuesday with Jumble packs bringing around St with a - few : face-and-fill to 15 and $1.50. Concord grapes were easier and around 10 cents lower with most of the supply selling at SO cents. : laniaioupes ana melons were ! virtually unchanged from Monday. ) Wilted Walnuts, Filberts and Nut Meats Cash DeUvery. Orchard .Kaai IIOSllIS KLOIiraN 4.3 N. Front tt Pae. Com, . TeL : "Strictly Private'? IV? - .S-Si'V. .VT'iV. ,'t . J B- DEAR I EXPECT TWEA CAMES UC : rtMWS GOLF AT COJrWCL-JS AU& ' It fO-D THNU VJE. AMT SO V&UR SON P.S. tftaum Closing Quotations NEW YORK, Sept. 15.HTV Today's closing quotations: Air Reduction .. 43 Douglas Aircraft 76 Phelps Dodge 3l Alaska Juneau 4 Du Pont De N 150 Phillips Petrol '45 Al Chem & Dye 162 Eastman Kodak 140 Proc & Gamble 60 Allis Chalmers - 30 Gen Electric 33 Pub Serv NJ 21 American Can 32 General Foods - 40 Pullman 26 Am Car & Fdy - 31 General Motors -39 Radio 4 Am Rad SttTStn 6 Goodrich Am Roll Mills - 14 Goodyear Am Smelt & Ref 43 Great Northern Amer Tel & Tel 154 Grayhound Amer Tobacco B 71 Illinois Central - Amer Wat Wks 4 Insp Copper Amer Zinc LAS 5 Inter Harvester Anaconda :. 28 Inter Nickel Armour Illinois 5 Int P & Pip Atchison 27 Inter Tel & Aviation Corp Baldwin Loco Bendix Aviation Bethlehem Steel 4 Johns Manville .69 Stand Brands 16y Kennecott Z1Y Stand Oil Calif 39 Libbey-O-Ford - 30 Stand Oil Ind . 67 Lockheed 23 Loewe'si 21 Long-Bell A 20 Montgom Ward 23 Nash Kelvinator 1 National Biscuit 6 Nat Dairy Prod 17 Nat Distillers 5 National Lead . Boeing Airplane Borden i Borg Warner California Pack Callahan Z L Calumet- Hec Canada Dry Canadian Pac Cater Tractor Celanese Ches & Ohio "Chrysler 46 N Y Central 25 N Amer Av . 36 N Amer Co . 57 Northern Pac 2 Ohio Oil Col. Gas & Elec Coml Solvent 1 Consol Aircraft 11 Otis Steel 46 Pac Amer Fish 12 17 Pac Gas & Elec 25 Consol Edison Consol Oil . 6 Packard Con tin Can 36 Pan Am Corn Products - 52 Para Pictures Crown Zeller 13 J C Penney Curtiss Wright 9 Penn Railroad 22 Quotations at Produce Exchange PORTLAND, Ore., Sept. 16 IAP) Butter prints: A grade 40yac In parch ment wrappers; .41 "ic in cartons; B grade 40aC in parchment wrappers; 41 '2c In cartons. Butterfat First Quality, maximum S of 1 per cent acidity, delivered Port land. 39 'i -40c lb. premium quality (maximum of .35 of l per cent aciaity) 41-41 lie lb.; valley routes and country points 2c less, or 38c; second quality 2 cents under first, or 38c. Eggs Prices to producers: A large 34c; B large 29c; medium A, 30c; medium B 26c. Resale to retailers 4c higher for cases, cartons 5c higher. Cheese Selling price to Portland re tailers: Tillamook . triplets 27'ic lb; loaf 28aC lb. Triplets to wholesalers 25&c lb.; loaf 26 Vac lb. f.o.b. Tillamook. Portland Grain PORTLAND. Ore.. Sept. 16 (API- Grain: Wheat: Open High Low Close May 1.05 1.05 1.04 1.04 September .98 .98 .98 .98 December 1.01 1.01 1.00',. 1.00',. Cash grain: Oats, No. 2, 38-lb. white. 33.00. Barley No. 2, 45-lb. BW, 30.50. Corn No. 2 EY shipments, 33.00. No. 1 flax, 2.09. Cash wheat (bid): Soft white. 98: soft white excluding Rex, 1.01',; - white club, 1.02'i; western red, 1.02. Hard red winter: Ordinary, 97; 10 per cent, 99; 11 per cent, 1.02.; 12 per cent, l.us',i. Hard white-Baart: Ordinary, 1.04; 10 per cent, 1.07; 11 per cent, 1.14; 12 ner cent. 1.17'. Today s car receipts: wneat, is; oar- ley, 1; flaxseed 5. Portland Produce PORTLAND, Ore., Sept. 16 (API- Country meats Selling price to retail ers: Country killed hogs, best butchers. 126-140 lbs.,: 16-I7c, hght-thin 15-I7c: vealers, fancy, 20-21c; heavy 14-lSc: lambs, yearlings. 10-30C lb.; 1941 spring lambs nb-l&c; ewes 5-9c; good cut ter cows, 12-12'ic; canner cows, 11- Live poultry Buying prices: No. 1 grade Leghorn broilers, under lv lbs, 17c: over i',i ios I7c; tryera. 21.-4 lbs 18c; roasters, over 4 lbs 18c; col ored hens 17.c: Leghorns, -under 3 '4 libs.. 14',.c; over Zk lbs-, 16 'ic Old roosters 8c lb. ' Dressed turkeys N omlntl selling prices: Hens, out crop. z-Z9c: - new Crop, Z8-30C. Onions Oregon 1.10-1.23, 50-n. box: WaUa Walla. 1X0. 50-lb. box. : I Peas Coast No. 1. I2i-2JS0 box; Brownsmead 1.73-z.oo box. Peppers Green. 40-soc box. Potatoes New white locals. 1.50-1.75 cental. Yakima No. 1 Gems 1415-2.00 I cental; Klamath Falls, 1.85-2.00 cental. Hay seiung price on tracks : Airaiia SS5!,SJir I Mc4uUr-1941. U-month. 4Se Ok I Wool 1941 contracts. Oregon ranch nominal 32-35e lb4 crossbred. 34-37e lb. Domestie Hour Selling price, city delivery. I to 22 bbL lota: family pat- ents. 49s. 7.00-7.60; 98a. 6.9O-7.V0 J bbl.; bakers' hard wheat net.- .90-.60; blanded hard Wheat 5.90-6.35; soft wheat 5.00-5.55; bluestem 6S-6.75. Hops Oregon 1K0, 27-28C lb.i seed less. 40-4 le: contract. 1941. 2S-30e lb. Cascara bark 1940 peel. 10c lb.; 1941 IOC ID. Walnut Outlook Good AiuyuA unaries lleninz re ports that he Is looking for a good yield from his 25-aere walnut orchard this year. . The . orchard was quite free from the bligh this season as It has been sprayed a number of times. Harvest of the inuts will begin shortly. . By Quinn Hall 19 Rayomer Pfd 28 20 Republit Steel - 19 24 Richfield Oil 10 14 Safeway Stores , 45 9 Sears Roebuck 74 11 Shell Union . 54 Socony Vac 30 Sou Cal Edison 70 Southern Pacific 3 Sperry Corp . 14 9 23 13 38 Pfd Tel 5 23 ?2 30 Stand Oil NJ 7JJ 38 Stone Webster 3" Studebaker 6 35 Sunsh Mining 6 4 Texas Corp 41 17 Trans-America 4 15 Union Carbide 77 24 Union Oil Calif 15 18 Union Pacific 77 12 United Airlines 13 15 United Aircraft 40 12 United Drugs 5 7 United Foods 74 V - 8 US Rubber 27 7 US Rubber Pfd .101 US Steel 57 Vanadium 24 Arwys :tk Warner Pic SY 17 Western Union 80 15y4 Westing Elec 89 87 Woolworth 30 Portland Portland Livestock PORTLAND. Ore.. Sept. 16 (AP) (USDA) Hogs: Salable and total 400. do .60-180 IDS. 1Z 12.85 do 180-200 lbs. 12.75 12.85 do 200-220 lbs 12.50 12.85 do 220-240 lbs. 12.25 12.75 do 240-275 lbs. 12.00 ti 12.50 Feeder pigs, gd-ch. 70-120, 12.00 14.50 I cattle: salable and total 100. Calves 35. Steers, good, 900-1100 lbs 10.7512.50 I do med. 750-1100 lbs 9.0011.00 do common, 750-1100 lbs. 8.00G 9.25 Heifers, good. 750-900 lbs 10-5 10.75 do med, 500-900 lbs do com, 500-900 ibs 8.75 10.25 7.25C 8.75 7.73 8.50 Cows, good, all wts. do medium, all wts do cut-corn, all wts do canner. all wts. 7.000 7.75 5.75 7.00 4.75(a) 8-75 Bulls (yearlings excluded) beef, good, all wts 9.009 9.50 do sausage, good, all wts. sausage, cut-corn., all wts 7.75(3 8.75 6.750 7.75 Vealers, gd-ch, all wts. 12.50013.50 do eom-med, all wts. do cull, all wts. 8.50 12.50 I 6 JO 50 Sheep: Salable 900. total 2000. Ewes (shorn) go-ch 4.000 4.50 2.50 4.001 do. com-med Spring lambs- 11.50 I Choice do gd-ch do med-ch , do common 10.50 11.00 9.50 fi)10.25 8.75 9.25 Wool in Boston BOSTON. Sept. 18 (API (USDA1 Sizable quantities of a few kinds of domestic wools -were moving on the Boston market. Prices showed firm to strengthening tendencies although the volume of sales generallv was not as large as the previous week. Bright combing fleece wools of three-eighths and quarter blood grades were sell ing moderately at 47-51 cents, in the grease. Combing three-eighths terri tory wool was .bringing 92-95 cents. scourea oasis, (jomrnng half-blood ter ritory wool was receivinc some de mand at $1.03-1.05. scoured basis, for staple combing lengths and at $1-1.02 iur i rencn comomg. Stocks and Bonds September 18 Compiled by The Associated Press 1UI AVUUGE. : - 30 . IS 15 Indus Rails Util 60 Stks Net change A. 1 . Unch A. 1 A. 1 -ruesaay 62.4 17J 32.5 434 Previous day 62.3 Month ago 61.1 year ago 61 J 1941 high 63 9 1941 low S4JI 17J 18.0 16.7 19.0 15.4 32.4 31.9 35.3 35J1 304 4341 .43.0 43 8 45.0 394 BOND AVEKAGE9 ; ' 20 10 10 10 Kaila Tmriim TTtil Prgn Net change D. 1 A. 1 Unch Tuesday . 61 J 105.1 101.8 A. 6 81- Rl Previous day 62.0 105.1 -101 J Month ago 63 5 104.S 102.0 44.3 Year ago , &8JI 104.9 , 98.0 43.2 .841 high 4I 105 J 102.2 uti low sg 104 99.0 , 38.0 Dr.T.T.Lan. N.D Or.G. Cha-vNJk. DiC. CHAIN LAM Chinese Medkuui CO. tU North Liberty CTpstalrS Portland General dec. Co. Office epea Tuesday aad Saturday only H ajn. to 1 p.m.; 8 to 7 pan. Coomltatioau Blood pressor and sirtao tesu are free of charge, SS Tears tm Bnstness ' (?) 1h OSIGOn DTATEC2IAIL Balm. Lease Signed For Cheese With the ' signing of ft year's lease on the Capital Dairies cheese department by the Dairy Cooper ative association, the ' way ' has been paved for the opening of the only cheddar cheese factory in Marion county, 3 Fred . C ' Klaus, manager of the Salem unit of the association, declared Tuesday. Within 10 days the necessary equipment and budding changes will be made, Klaus said, and production of about three-fourths of a ton of cheese each day, to be shipped to Britain in 80 pound sizes, will be started. ' About six persons will be employed by the new enterprise. Instead of being shipped to the Portland plant, factory milk and surplus fluid milk gathered in the Salem area will now be used in the factory here, Klaus said. In order to get an adequate supply of milk under the lease- lend program of buying cheese, for Britain the price of factory milk has been raised within the past few months and as a result many local producers are showing more interest in that market than has been the case formerly. Permit Asked for Building of Turkey Plant At an estimated cost of $25,000, a permit for construction of warehouse and operating plant at 1505 North Front street was is sued to the Oregon Electric rail way company at the office of E. C Bushnell, city building in spector. The structure is to be leased to the Northwest Poultry and Dairy Products company, operators of the Marion Creamery and Poultry company and the Capitol Dairies, for use as a turkey dressing plant, according to report. Additional Market News On Page 10 THE LONE RANGES POLLY AND HER PALS MICKEY MOUSE Factory &WHO ytXfYOU K"0" WHO I AM fM M IcOTie HERE AMDTRf A Klf1 GAME, EH? lU. I 80 YOU ViMT SOME MORE, EH, KUKT? ) I i EfOJGH f THAT. ) ( JERV1S 6H0OT rZZy THE MAM WHO GE YOU fTiV tf r - - 4 , n J VEH HVttJtv TRA6eR.1 V. HIM HE AM NEXT WEEK. .... l T-LSHOWMDU -Vf- ( I SELDOM H-HNK. J Zj Oh""" 02 wVuJ HOW WiUL. I EVER J 7 HOW I DO IT. J I i V OF- MV AUDIENCE Lt- TSV tit' -oslVV. g- ( tp m ' LITTLE ANNIE ROONEY A Lesson in Zoologyl By EBANDON WALSH ' DIDVOU V4 1 NaMlSS-I NEVER DJDTHAT 1 I VMATKIKIDISTHE A THERE J6WT F fWHEN RXXSSTHyKVEA JL OH-- i-J ilM Xn GCCWWMOTV&2Z tvTR 6EEA Hi I5,AREAL,UVtWHrn y OTMCRKINDOF , REALLY ANY OF 3 WHITE ELEPHAHTONTHEVZ MCC6eS3T5EZTMAWmZlZPlU)ir WKtTC 'lf5 lU-P-UUrr-THE:CeS J WHITE CLCPHAlCTSr J THE OTKCR y HANDS TVuTY MEAN 60ME J 1 LA WHITE THAT THEY CANT GET RID CFt-JrACTlN ' J s-UniAjn'rAnyi 1-LR-ENTyOFTHe T- PZlJL-mK- ' rUMD-y U3FlXS3THi THATrS p ' TtOEPMAUT T " :" " UKE A E-fcV. BABY r oi jl T1TIMSLE TI-EATEEV-tnttTlng Pcp ' lri; '-e Ortgon. VdnelaT Morning. Appointed Appointed to the Job of western fteldman for a dairy association b Ivan H. Loochary, above, former Monmouth farmer. ; Field Man for West Named Ivan H. Loughary, extension dairyman of the University of Idaho, has been appointed west ern field man for The Holstein Friesian association of America, to replace M. B. Nichols, Portland, who has been transferred to the national headquarters at Brattle- boro, VL Louuhary. who was born in Monmouth, has made dairy exten sion his major work since gradu ation from Oregon State college in 1916, although after graduation he served in the US army, and then for five years managed Luckiamute farm, his home farm, at Monmouth. For; 12 years he was western field man for the American Jersey Cattle club, and for the past six years has been Idaho's extension dairyman. The territory he will cover consists of Washington, Ore gon, California, Nevada, Arizona, Utah, Idaho, Wyoming and Mon tana. He will take over his new duties on October 1 and will establish headquarters at Portland. - - -. V r- t . r - I "'V Its f ! ! -.n.iiim J .rnni. ,., -mi I WiP9Hti fsSvS; -Z I i NO! I THINK TH-l M013E15N ) U AKDTHIS STUFF OF TAKING A. .1 I ( VEH, TRACTS l V VSH PcTc P HCy T?m I HI6K-PRESSUCE. TECHNIQUE ) PROSPECTS TO DINNERS AND ) WHAT I ) Wptibr 17. 1841 Onion, Celery ; Production Noted Recent rainy and cool, cloudy weather has been favorable for ate maturing vegetables la Ore- gonTTemperatures have beyi sat isfactory and the heavy precipita tion during the latter part of Aug ust! and early September has im proved yield prospects of cabbage. carrots, lettuce and cejery accord ing to the agricultural marketing service. ; f-Y:yM-. The state's most important'com- mercial truck crop, from the standpoint of'carlot shipments, is onions. : This crop is now being harvested, w e a t h er. permitting. The production as of September 1 is estimated at 870,000 sacks of ivu pounas. ine. isw crop was am a mil - wa placed at only 64500 sacks and of that quantity about 516,000 sacks or 1,719 cars were 1 shipped to points outside the stated - Yellow Danvers, grown in west ern Oregon, are the principal va riety and this year about ,75 per cent of the total production Is of that variety. The balance or around 25 per cent of the total production is mostly Sweet Span ish which are grown mainly in Malheur and Jackson counties: Last year also about 75 percent of production was of Danvers. The yields of both varieties are bet ter this season than were obtained in 1940 and some very high yields were harvested in the Sweet Spanish area, but pulling is not completed. - Cabbage production is placed at 13,600 tons for 1941 or about 19 percent more than the. 11,400 tons produced last yeaxv. The celery xrrop in Oregon is es timated to total 304,000 crates of 90 pounds, an increase of 27 per cent over the 1940 crop of 239,000 crates. This increase is due chief ly to an expansion in acreage. In Malheur county, approximately 120 acres have been planted this year. - Practically no celery was plant ed in that area last year. The crop is progressing well ' according to last reports. In the Portland and Brooks areas, where most of the celery is raised, higher yields than Kurt's Safety Is Threatened! Don't Soy I Didn't Warn You! Something in Common! last year are expected. Rail ship ments last season totaled 622 cars. The tomato' crop was damaged by hot weather and production Is expected "to total only 290,000 bu shels or about 83 per cent of last year's crop of 350,000 bus. In the most Important commercial area, (the : Milton-Freewater -: district), and in Wasco and parts of Mult nomah county, blight was espe cially bad in. some fields. The eastern Oregon area shipped only 59 cars this year whereas in 193d more than 100 were shipped from about the same acreage. Break Sharp In Soybeans CHICAGO, Sept 16-V-Sharp breaks in soybeans futures which at times extended to as much as 6 cents a bushel tumbled prices in all grain pits lower Tuesday. Weakness of soybeans was as sociated with downturns in cot ton, cottonseed oil and lard futures.:. Demand was indifferent and a cautious buying attitude was promoted: as the trade await ed developments in the , inter national situation and pending leg islative actions in Washington. At the close wheat was to cents under Monday's final fig ures, September $1.18-, De cember $1.21-; corn was to 1 oft September 77, Decern ber 83-; oats declined to 1 cent; rye to 1 cent; soy beans lost 4 to 5 cents and lard was off S to 10 cents a hun dred pounds. : Wheat opened about unchanged but at no time during the session were prices able to better the previous close by more than cent and at the extreme the spread between the : day's highest and lowest prices was 2 cents. , A rally just before the final gong, however, wiped out most of the day s losses, i Portland Man Gets First on Cheeses i - Ivan Knight, Portland, cheese maker for the Dairy Cooperative association, won first place in the aged cheddar cheese class at Cal ifornia state fair, Sacramento, and also first at the Los Angeles coun ty fair at Pomona, Calif accord- Fire Destroys Hop Dryer TALBOT Fire of unknown or igin -, completely : destroyed the Northwestern company's hop dry er, and a large per cent of the hops,, . early . Sunday : morning. They had finished picking the day. before. ' i . Richard King is .the foreman for this company; A few of the hops that had been dried at a neighbor's dryer is all that was saved of the crop. "' ' Canning at Peak At Silverton SILVERTON Canning Is at its peak now at the local Front street plant, managers reported Mon day. About 200 persons are em ployed and both night and day shifts are being run. - Prunes, tomatoes and corn form1 the heaviest pack right now, with some beans still being pro cessed. Beets, squash and carrots Will be canned later. ing to Fred C Klaus, Salem man ager of the association. - Th money yon nd is avcdlabl to you her and now. Inquire today at our convenient ad dress about our person al loan service 1 For money In s hurry see Stale Finance Co. S44 State Phone 9261 : Lie, 8-213 M-222 By CUFF STERRET By WALT DISNEY . . By FRAN STRIKER