The Oregon statesman. (Salem, Or.) 1916-1980, October 21, 1941, Image 10

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The Oregon statesman., October 21, 1941, Page 10, Image 10

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Newspaper Page TextPAGE TEN The OSEGOIT STATESMAN, Salem. Oregon, Tuesday Meaning, October 21. 1341 Stock Market Close Mixed Late Selling Jumbles ? Recovery Attempt as T Volume. Is Of ted - 1 - , .' . ; ' . " ' NEW YORK, Oct " 20-a-Stocks tried to continue the re covery push in Monday's market but ran Into enough late selling Interference to produce a mixed close.-' . There. were a few Weak and strong spots when' the final gong sounded although price variations generally were in negligible frac tions. : Dealings were sluggish during the greater part of the pro ceedings but several big blocks of low-priced utilities helped lift the volume. The Associated Press average of CO stocks was unchanged at 41. Transfers totaled 618,990 shares compared with 670,101 in the previous full session. : Atlantic Gulf & West Indies common and preferred were up 2 and 1 point, respectively, at new 1941 highs, as reports of pos sibly boosted dividends were heard. The better position of the petroleum industry gave Standard Oil (NJ) a gain of a point. Du Pont was up 1. Ahead modest amounts were Southern Pacific, Santa Fe, South ern Railway, Great Northern, At lantic Coast line and Chesapeake & Ohio. Mounting traffic and revenues brought support for this group. In arrears were Anaconda, Ken necott, Sears Roebuck, United Air craft, Air Reduction and Interna tional Harvester. Community Clubs LINCOLN The first fall meet ing of Lincoln community club will be held at the local school house, .Friday at 8 o'clock. Mrs. L. I. Mickey, teacher, and the pupils are to be in charge of the Halloween program ar rangements. HAYES VILLE The first meet ing of the Hayesville community club was held Friday. The "jitney supper" netted the club about $30 .dollars. ' ' Prizes for the amateur program were given to Robert Saucy, Laura Lou Newton, Gloria Parker, Claire Nelson, Mrs. W.. Griffith and Paul Andresen. SALEM HEIGHTS An esti mated 300 attended the first com munity club meeting at the hall Friday, enjoying the program and visiting the booths set up and op erated by the various organiza tions of the community. The money raised from each bootluwent to that sponsor's treas ury, so all organizations shared In the take. Several old mattresses were requested for a tumbling mat for the school, also extra tools for training work were asked. The hobby display included old buttons, guilts, hand painted pic tures, old fashioned' bed spreads and other articles. , Several musical numbers were given and a pie eating' contest, with Carl Waddle taking the hon ors. Donna Mork was judged the prettiest maiden with Jean Gor ton, second: The Sunday school booth was judged the most at tractive. . Harvey Fasching is president Club Tqkeg Member SILVERTON John Moe, hop grower, has been announced as a new member of the Silverton Ro tary club. Death Takes Harry l Dangherty k Death takes Harry IL Daugherty, SI former U. S. attorney general tad leader of the president a-j lng -Ohio gang - who died at Co lli bu. O., tot congestive heart fail- ' ture, Daugherty died is relative clwcurity, embittered by pro lorded investigations and prose-, cutiorm of the Harding' irriminls-" (ration Curing the Teapot Dome -- .. scandal . :;. -'C vf ( y V t (- . , i I:'.- .. J.I I - j - - . l-iii-J "Strictly Private" fy. iiTTTl Till I iTl ISOMNA to m PEAR. MGHt ASA Isr CL&SS PRfsKEI GET MBS'I&L S0 THJL BW TO GUT HIGH HABER ROOT KNOUlttAS SDWf T fttSRUSC AT r ratuns Salem Market 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 Apples, box 1.00 .40 1.00 1.50 .70 .30 1.35 1.40 .90 Beets, Duncn, aoz. Brussels sprout, flat Cabbage Cabbage, Chinese, doz. Carrots Cauliflower, crate -. Celery, green Celery hearts, doz. Corn, fresh, - doz. Danish squash .17 .20 J5 .015 1.50 .40 .75 1.35 20 .02 1.85 Garlic, lb. Hubbard squash Lettuce, 5s Mustard Greens, doz. Parsnips, lug Onions, 50 lbs. Onions, green Peppers, green, lb. Potatoes, 100 lbs.. No. 1 new Potatoes, No. 2. SO-lb. bag .55 22 Radishes, doz. GRAIN, HAT AND SEEDS (Buying races) Oats, No. X 30.00 30.00 . 9.00 to 10.00 14.00 to 16.00 : 1.75 2 .25 226 f . 0 to 1.00 Feed barley, ton Clover hay, ton Alfalfa hay, ton Dairy feed, 80-lb. bag.. Hen scratch feed Cracked corn Wheat BUTTER PRINTS: (Buying Prices) A .40 .39 AX B Quarters EGGS AND POULTRY (Baying Prices of Andresen's) BUTTERFAT No. 1 No. 2 Premium , Extra large white Extra large brown Medium .. Standard , Pullets .40 36"i .41 .35 5 33 30 .19 Quotations at Produce Exchange PORTLAND, Ore.. Oct. 20 (AP) Butter prints: A grade 39 lie in parch ment wrappers; 40 lie in cartons; B grade 3S!ic in parchment wrappers; 38 lie in cartons. Butterfat First quality, maximum 6 of 1 per cent acidity, delivered Port land, 39-3912C lb. premium quality (maximum of .35 of 1 per cent acidity), 40-40 !i lb:; valley routes and country points 2c less, or 37 'ic; second quality 2 cents unaer iirsi, or sv'ic. Eggs Prices to producers: A large 35c; B large 30c; medium A, 29c; medium B 26c; B. small, 20c; A small 23c. Resale to retailers 4c higher for cases, canons oc nigner. Cheese Selling price to Portland re tailers: Tillamook triplets 28c lb.: loaf 29o lb. Triplets to wholesalers 26c lb.; loaf 27c lb. f.o.b. Tillamook. Portland Grain PORTLAND, Ore, Oct. 20 (AP) wneat: open High Low Close May . 'a '-a 3'-i 3. December I 89 89 89 89 Cash grain: Oats, No. 2, 38-lb. white, Cash wheat (bid): soft white 82 i. soft white excluding Rex 96; white club 97i; western red 97. Hard red winter: ordinary 90; 10 per cent 92; 11 per centos; 12 per cent 1.03. Hard white-Baart: ordinary 1.02; 10 per cent 1.04; 11 per cent 1.10; 12 per cent 1.14. Today . car receipts: Wheat 20; bar ley ; uour 17; corn 1; oats 2; hay 2; miuieeu lu. Portland Produce PORTLANTl 1 Or rw on t Country meats Selling price to retail ?n:.ouPury.JrtUed hR- bert butchers. 126-140 lh 1SI..1RO. lishf.thin lt.11.. vealers, fancy, 19-20c; heavy 15-17, muuub, yeariings, iv-iac;; ISKI spring inuB ii'.b.iv mTMjmm niiw. . ter cows, 12-1-lic; canner cows. 11' 12f hull laiL.t- Uve poultry Buying prices: N& 1 grade Leghorn broilers, under l'i lbs 17r: nwr it. IK 17-. .i-. it 11 18c; roasters, over 4' lbs.. 18c; colored ii-i 10-ivc; btinorni, unaer 3' lbs-14!.-17c; over 3i lbs.. 16.-17c. Old rooter- Sc lh Dreed turkeys N o m t n a I selling w vrop, l-oc; 10ms 7-2UC. Onions-egon 1.10-1-5, 60-lb. box: Yakima, 90-1.00. Peppers Green. 40c Box. PDUWNW tfKft Lr1- CA cental; Deschutes Gems. 1.75-2.00; Yak ima No. 1 G n 1 in .-.t.i. in.. m i.H-iw cenxai. Havllintf nrin r t...l iii.ij. ?; : oat-vetch. 13i. ton; Willamette valley clover, 11.00 ton; tim oth7 e-stern Oregon . 2140 Ion. . . ngiMu mi, -m onm. sc ID. NuPrli 4a .ull. kil . - -uuci. juuera: Barcelona, lumhn 1- !... iait. . . . - . w .un., H.V . 17c. baby I6e lb; . Ducluuy, jumbo w, hii ,-c, iancy loc io Walnuts Prioe to wholesaler First ffradc ffnniittt 4,-w . 1 - v "Edjjjn . -aby ISet Mayettelarge r" ---- in xranquene, targe Mayette, large 20c lb.; second grade franauerU. L-r- niL. T, I2c,n,ndlu,n..17c' bal"' 15c lb.; o- . ,T".,M1J:ljp Oregon ranch nonv Inal 32-33e lb.; Crossbred. 34-37C lb. a. tju-7.70 fcoi.; bak : Ki .i . . . - blended hard wheat 5 85-6.30; aoft wheat 5J0: bluestem 00-C5o7 Caaear a trWiia - i i . ..... 10e Jb. " Portland Livestock (USDA) Hogs: Salable -JOoTtotal 1 Wanted - Walnnf Filberts' and Nat Meats Cask. DellTcry, Orchari Baa , MOKJUS KLOB-FETM 46 N. Front st. Pte, Com, TeL IBlS ft- ByQuinnHall LunrwNr this cue. veaT z&'. Vn ii1 1 CAMP MIX CQWUIUW ABOUT HON MUCH CCN6BESS VOUR SOW i0- Quotations Buying prices: A grade print 40Vie; B grade 39Hc; quarters 41Vc Colored hens Jfl Colored fxys XI White Leghorn J3 Old roosters j05 (Baying Prices of Marlon Creamery) BUTTERFAT Premium .41',i No. 1 : :40, No. 2 EGGS Large A 25 20 20 30 J6 32 Si 44 -2 J3 xa Large B Medium Medium Pullets Checks ,, Colored hens Colored fryers . Leghorn fryers Leghorn hens Old roosters No. 2 poultry .03 less. HOPS (Baying Prices) Seeded 1942 contract 1941 Seedless 20 20 22 to LIVESTOCK (Buying prices for No. 1 stock, based on conditions and sales reported up to 4 p.m.) Top lambs 7.00 Ewes 4.00 to 5.00 Hogs, top 160-220 lbs. 10.00 Sows 8.50 Veal, top Dairy type cows Beef cows Bulls 12.00 to 12.50 5.00 to 6.25 . 6.50 to 7.00 8.00 to 8.75 . 6.50 to 135 J8 Heifers Dressed veal '. WOOL AND MOHAIR Wool Lambs Mohair .40 23 AS Portland 4000. Barrow and gilts: Gd-eh, 140-160 lbs do 160-180 lbs. do 180-200 lbs. do 200-220 lbs. do 220-240 lbs r!n 24ft-9?n lKa $ 9.75010.75 - V.OU(CPlU9 - 10.05 UilOlS 9.75 10.25 - V.50105 9.25 9.60 a rut- a yw do 270-300 lbs. Feeder pigs, gd-ch, 70-120.. 10.00(g) 11.00 n-4l.. C.l.kl. AOtA amnnA Steers, do med, 750-1100 lbs 10.25011.00 I BTA AA 11 .. C - s4n rv-l sin 1 1 rfi lu. 9.25 10.50 do conunon, 750-1100 lbs. Heifers. do med, 500-900 lbs do com, 500-90 lbs. B.000 932 8.75 9.50 7.25 8.75 7.75 8.25 cows, good, all wts do medium, all wts ao cui-com u wts do canner, all wts. Bulls (yearllmrs excluded) 5.50 6.75 4,009 020 beef, good, all wts 9 000 9.73 ao sausage, good, all wts. 9.00 & 9.50 do saus. med. all wts 7.750 75 do cut-corn, all wts 6.50 9 7.75 Calves gd-ch 10.50 12.00 uo com-mea - 7.50 tj) 10.50 Ha .11 in -i a " i -.wy iJU Vealers, gd-ch. all wts 12.00 13.00 tin w. -11 . wii-jiicu, ws a.uuvl.w do culL al wts 6.509 8.00 aneep: saiaDie 2600, total 3100. Ewes (shorn) gd-ch 4.50 & 5.00 2.50 420 ao, com-mea Spring lambs do gd-ch do med-gd do common . 10.25010.73 9.75 010.00 8.50 9.50 Legion Sons Elect SILVERTON Vavle Dicker son was elected captain of the Sons of Legion. Kenneth Allen was named first lieutenant; Earl Hartman, jr, second lieutenant; William Scarth, jr., adjutant; Richard Dickerson, finance of ficer; Collin Bragg, chaplain, and Robert Johnson, sergeant-at-arms. Flax Land Signed DAYTON Considerably more than 50 acres of flax growing land was signed up in the drive by seven committeemen held here Friday. A "rousing" flax plan,t meeting is scheduled in Dayton Wednesday. Drunkenness Charged DALLAS Edward B. Jack son was -arrested by county au thorities on drunkeness. ' The hospital had a chimney fire Thursdar but little fia n done as It was on the third floor. Fanhers Union News LIBERTY Tam , tt-.i . 1 wmu will meet at' the com unit- at 8t0 tonight, Dr.Y.T.LaBS. N.D . Dr.O. CtaamJfJk. DR. CHAN LAM . . Chines Medicine ca. , : 241 North Liberty Upstairs Portland General Etec. Co. uuica opeat Taexaay asd Saturday say IS a.m. ta 1 pj.; I U 1 pja. Caasun-Uoa, .- BhMMi premire hJ i tesu art fret of cbar.o. 25 -Tears ta Business Grain Market Starts Weak CHICAGO, Oct. 20--Unset-tled and nervous because of the disturbed international situation, grain prices displayed marked weakness Monday. Uncertainty was apparent from the outset of trading. Talk had been current in the board rooms and -on , the. trading . floor, that prices .should start about steady with Saturday's close. Instead, steady and persistent selling forced prices backward until losses of 2 cents a bushel were marked- in wheat during the first 10 minutes. The retrogression was a steady affair with prices yielding : and cent at a time. However,, a rebound of about a cent a bushel left the market hovering, almost inactive, the greater part of the remainder of the session. Shortlv before the close, however, selling orders appeared in volume and the day's biggest price breaks, approxi mately 3 cents a bushel were noted. A minor rally absorbed about a cent of the loss. Wheat closed weak and 1-2 cents a bushel below Saturday's final quotations, December 1.12- Y. May 1.16-. Federal Farms Comply With Program To conserve the soil and the fertility of the farms owned by the Federal Land bank and the Federal Farm Mortgage corpora tion, all acreages seeded on these farms in 1942 will be in com pliance with agricultural conser vation program allotments, J. J. Sechrist, Salem, secretary-treasurer of the National Farm Loan association serving Marion county, announced. "Not only will this keeD the farms in the best productive state possible until the properties can be returned to family ownership," Sechrist said, "but just as im portant, it will mean that the operators of these farms will be able to cooperate with the food for defense campaign." In the first nine months of 1941. nine sales of properties owned by THE LONE RANGES THMBIE THA1tarrIng POPE-I.THE t-OfennetK KWS THE LAST CAPTAIN AND CRBJJ ABOARD OUR "rr-- kVANrSHEDJ WHAT ABOUT IT. JAKE? WHv"T3! IPOS MC HQ, 1 I THERE. THE HG1P MYSELF TOl I ft-L JUST MAKE ITS T IKKACE TMf Aj i I mx. r- twic. i : jg n5 yn A.Udyat'H POOR MRS. WAGGLE. .A . I I SHE AUDITION-D ' 1 ' v " 1 , i WCW DISAPPOINTED J HOW X FOR A JOB, " ' f v T H' RADIO STATION ) I SHE MUST BE i (COME?) AS A NEWS " X r AN' A SHOULDA PROVIDED A "Thr ?P& T COMINTATOR, ) AftS I ,LOPPECV A I SECTION O' BACKWARD J fl II x w x But she got vi -'ll V eh? too J v-, pence per her 7 U '1 jj jj Sf" mater moose T wait mshet .LITTLE ANME BOOm " " f MUWDON WALSH cr r sssg? igggaggll fesssMJ SCCMjg-SA-EWRQCT-. f" VA NEAR WE ABE TD HOME J WMORE 3TN-' STAMP MAPS EETTEgl tT " I A J I Closing Quotations NEW YORK, Oct 2Hy-;Today,s dosing quotations: Air Reduction 39 Alaska Juneau 3 Al Chem & Dye 152 Allis Chalm .,-.. 28 American Can tT4 Am Car & Fdy .26 Am Rd & Std Stn 5 Am Roll Mills 12 Am Smelt & Rf -38 Amer Tel it Tel 152 Am Tobacco B 69 Am Wat Wks 3 Am Zinc L & S 5V4 Anaconda 25 Armour Illinois 4 Mi Atchison 28 Avia Corp ; 3 Baldwin Loco -..14 Bendix Avia .37 Beth Steel ..61 Boeing Air 20 Borden 20 Borg Warner . 20 Calif Pack 22 Douglas Aircraft 74 Du Pont De N -.145 Eastman Kodak 135 Elec Pow & Lt 1 Gen Electric -28 Gen Foods 41 Gen Motors ...... 39 Goodrich , 19 Goodyear : 17 Great North 24 Greyhound ..13 Illinois Central 8 Insp Copper .......10 Internat Harv 49 Internat Nickel 28 Internat Tel & Tel 2V4 Johns Manvflle 60 Kennecott 33 Lfbbey-O-Ford 26 Lockheed 26 Lowe's 37 Long-Bell A 2 Monty Ward Nash Kelv Nat Biscuit Calumet Hec 6V4 Canada Dry 15 Canadian Pac 4 Caterpillar Trac -41 Nat Dairy Prod -15 Nat Distillers 23 National Lead 15 NY Central 10 N Amer Av 13 North Amer 'Co 12 North Pacific . ..6 Ohio Oil 8 Otis Steel ; 6 Pac Gas & Elec -23 Packard 2 Pan Amer Air 16 Paramount Pic 14 J C Penney 85 Celanese 23 Chesa & Ohio 35 Chrysler . -55 Commer Solvent ..9 Consolid Aircraft 19 Consolid Edison -15 Consolid Oil 6 Continental Can -37 Corn Prod 49 Crown Zeller ... 12 Curtiss Wright 8 the Federal Land bank and the Federal Farm Mortgage corpora tion in Marion county were hand led through his office, Sechrist said. These sales amounted to $47,113.32 "Requirements for compliance with acreage allotments apply on ly to farms owned by the land bank or the Federal Farm Mort gage corporation," Sechrist pointed out "Borrowers and those pur chasing farms from both insti tutions hold title to their own farms, and therefore decide for themselves whether they will com ply with the program." Boys Live at Camp SILVER FALLS STATE PARK Boys who are registered in the defense classes at Salem are stay ing at the Silver Creek CCC camp here. Veterans are numbering only a little over 100 at the camp now. Popeye n v IM THE wdJL.,ri ", . rr Perm RR '. 21 Phelps Dodge 27 Phillips Pet -44 Proe & Gam 56 Pub Serv NJ , 17 Pullman , 24 Radio ,3 Rayonieri Ravonier Pfd -13V4 Republic Steel 17 Richfield Oil 10 Sears Roe ...... 67 Shell Union .13 Socony Vacuum 9 Sou Cal Edison 23 South Pacific 12 Sperry Corp 33 Stan Brands ...1.. 5 Stan Oil Calif 22 Stan Oil Indiana 32 Stan Oil NJ 41 Stone & Webster 6 Studebaker t-5 Sunshine Mining ..5 Texas Corp 41 Trans-Amer 4 Union Carbide 72 Union Pacific 73 United Airlines -14 United Aircraft 36 United Drug 1 United Foods 72 US Rubber 23 US Rubber Pfd ..97 US Steel 52 Vanadium 21 Warner Pic 5. Western Union ..29 Wool worth 30 -32 -4 .17 . Witzel School Has 4H Club HAZEL GREEN Pupils of Witzel school completed organiza tion of their 4-H club, "The Hap py Health club. Officers are Richard Bates, president; Paul Lohse, vice presi dent; Donna DeCamp, secretary and club reporter; Richard Sohn, song and yell leader; Millard Bates, sergeant at arms. The president appointed Dick Sohn and Paul Lohse to help re vise the club constitution; Lola Collins and Harold Sohn on pro gram committee; and Delbert Sohn, Willis Collins and Buddy Collins on the contest committee. The club plans to meet Thurs day afternoon of each week, hav ing two business meetings and two study club meetings each month. Surprise Package? Beaten to the Drawl . 1 " ' i-t KF-E30XTHE jjKrSIKftJATINX-r I TURKJED, i r --- mmmmmm Farmers Marti Supply Heavy PORTLAND, 'jOct 20-HSup-plies were heavy on the farmers wholesale market Monday and there was a generally good call on most of the offerings. " Some purple I cauliflower from Trousdale brought $1 -crate With the regular. No. 1 stock bringing 80-90 i cents. A - lew - saies were down to 65-75 cents. i The bean market displayed! a wide range with sales of virtually the same, quantity- recorded from 3 to 7 cents pound for green stock. Younts were generally 5.-6 cents pound. Lunas were 65-75 cents lug. . Tenant Purchase , Applications . Available Tenant purchase applications for Marion county are still be ins accepted by the Farm Security administration, John Tweed, chairman of the Marion county tenant purchase committee, an nouneea. Tweed '.reports that two and possibly four families will be chosen during ; the coming year to purchase farms with loan funds received under' the department of agriculture's tenant purchase pro gram. The funds, from the Bank head-Jones act' are -t 3 per cent interest and may be repaid over a period of up to 40 years. Applicants granted the tenant purchase loans must be tenant farmers. sharecroDDers. or farm laborers, he pointed out They are to be American citizens whd have sufficient fanning experience, or farming .background to qualify them as operators of a new farm, and must be unable to secure credit to purchase a farm from other sources. Preference is given to heads of families and to those desirous of becoming permanent settlers in the community where the farm to be purchased Is located. Past community activities will ho rnn. sidered as well as the amount of farming equipment owned by the applicant . Applications now on file at the COT THE iFSAtxoKrri- . T IT. Jf THftTSX WHO DO? lUJHAT I .. A UlAXmD j Farm Security offic wfll b4) viewed by the secretary of agri culture. Members of this' conuxdt tee will view the applications and make recommendations for .final approval of the loans,. Tweed pointed out " The committee includes Tweed, Central Howell; Ray Glatt Wood burnt and George Tate,' Sublimity. : Those interested in' securing tenant purchase loan should file application at the Farm Security office . located . in the old high school building, 460; North High street Salem. Stocks and Bonds October 20 Compiled by Th Associated Press STOCK AVERAGES 30 19 IS 60 Indus Kails Util Stks Net change TJnch Unch Monday 53.6 18 J D .1 31.0 31.1 32.5 35.5 35.5 SO- Unch 41.0 41.0 m 45.0 39.1 Previous day 58.6 Month ago - 62.5 Tear ago , 62.9 1941 high , . 63 8 1S41 low ; M.8 BOND AVERAGES ' 16.5 17.0 16.7 19.0 15.4 20 10 10 Util 10 frgn Rail. Indus Net change . A 3 Monday 62.6 Previous day 62.4 Month ago . 61 Year ago 60- 1Q1 dlirk t m. D .1 A3 105.1 101.8 105- 101.6 105.1 101.8 104.7 99.4 105.4 102.2 104- 99.0 " w 1941 low 60- Th money you need Is crrcdlable to you here and now. Inquire today at our convenient ad dress about our person al loan service I For money in hurry see Stele Finance Co. S44 State Phone 9261 Lie S-Z13 H-222 i By FRAN STRIKER OrJUV PERSOKl ABOARD WHO UJOULX) TDOPTO TRlCtC Ml :'i A 2 49.9 49.7 51.0 37.6 514 38.0 . - - -