The Oregon statesman. (Salem, Or.) 1916-1980, December 21, 1941, Page 11, Image 11

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    Farm FiealciaF Markets " Comics
PAGE TWELVE M .
- The OREGON STATESMAN. SALEM Oregon. Sunday Morning. December 21. 1941 " -
" - - .
' f
t
Stock Market
(Hose Shaky
? Tax Selling Causes
, Volume to Rise but
Prices to Decline
! NEW YORK, Dec. 20H)-The
rtock market Saturday finished
enother declining week slightly on
the irregular side.
: The Associated Press average
of 60 issues was unchanged at
86 but showed a new loss of .9 of
a point on the week. It was the
fifth session in a row where the
composite had registered no prog
ress. Tax selling continued as a
volume motivator.
Transfers of 628.550 shares
compared with 629,310 a week ago
and were the second largest for a
Saturday since Dec. 28, 1914. The
, turnover for the week amounted
to 6,771,252 shares against 9,-
820,381 last week.
Gains were held by Bethlehem
Steel, Santa Fe, Goodrich, Mont
gomery Ward, Douglas Aircraft,
Kennecott Standard Oil fN.n
; Westinghouse, G e n e r al Electric,
tastman Kodak and General Mo
tors.
US Rubber preferred was an
isolated weak spot, losing 5
points at 72i, a new bottom for
the move. American Telephone,
Chrysler and American Can also
were in the new low division.
Salem Market
Quotations
Th price below supplied by lo-
- I'wtr arm indicative oi the daily
market prlcei paid to growen by Sa
J buyers but art not guaranteed by
iiiv snicsmin:
VEGETABLES
Apples, box
1.23
, .40
, 1.00
, 1.50
. .35
. 1 25
2.23
1.00
.18
.015
2.00
.49
2.50
.70
.33
Beats, bunch nii,
Bruaaeli iprouU, flat
Cabbage
Carrots
Cauliflower, crate
Celery, green
Celery heart doz.
Garlic, lb.
Hubbard squash
union, BO lb.
Onion, (run ""
Potatoes, 100 lb., No. 1 new
Potatoes, No. 3. 50 lb. bag
Radishes, dot .
tlRAIN, HAT AND SEEDS
(Baying Price)
Oat. Nn 1
30.00
30 00
8.00 to io nn
Feed barley, ton
Clover hav. ton
Alfalfa hay. ton
14.00 to 16.00
iw--, ov-io. oag
Men scratch feed
Cracked corn
Wheat
BUTTER PRINTS l
(Buying Prices)
1.75
2.23
2.23
1.00
JO to
.39
B
.38
Quarter
AIM I J POULTRY
(Buying Prices of Andresen'i)
biitterVat Chn6e WJUlout Notlc
Premium
No. 1
No. 2 J
Extra large White
Extra large- brown
Medium
Standard
Pullets ""
Colored hens
Colored fry
White Leghorn
.40
39
.36
.34
.34
.31
.31
.18
J7
J7
.13
cm a roosters
- SIT)
IBavlnr PrWa nr s i a
.05
BUTTERFAT " WithOUt Notice
Premium ...
No .1
No. 2 .
EGGS
Large A ...
Large B ...
Medium A
Medium B
Pullets
.40
.39
21
M
HI
.31
.27
.18
.19
.17
J7
.16
.15
.12
AS
Checks
Colored hens
Colored fryer
Leghorn fryers
Leghorn hens
Staes
Old roosters
No 2 poultry 05 less
1-4 Vt STOCK
(Buying price for No. 1 stock, based
on conditions and sales reported up to
4 p.m.)
Top lambs in 50
Ewe 4.00 to 5.00
Hog, top 160-225 lbs 12 00
Sws 8.15
Veal, top u 50
Dairy type cows 500 to too
Beef cows 7 00 to 7.50
Bulla 7 75 to 8 2S
neuers g SO to 7 9.1
Dressed veal
HOPS
(Buying Prices)
Seeded
1942 contract .
Seed leas
J7
.35
42
40
.33
.43
WOOL AND MOH AlK
Wool
Lambs
Vohair
San Francisco
it
w rv?.ywr?y?f.viuii,L'ijL'WLw-ii .inw'w..vw...ww--.wv--v. .
I ' -JVl'r Mil , - Jhr i
: -'f pt r r , -:i w ; o:-' ':vi .: :r-r.
I .i '1 V'v::-': ''A'mimmmJ .w., 11 r k .riaw . -.
A. bay tlren, one f elfhl to 1m placed la San Francis; b awunr
Up a pUtfonn n Twin Peaks. abut 1000 feci above the city. This
firen, -even ethers to be placed and three already In use are to bo
. atMnded slmultueously fa event of air attack
"Strictly Private91
DEAR VOM-.-
THLL MURIEL IUL BE HOME FOR CUBSTWS-TrE
SAB5E SWS I (SOTTO KEEP LiP MY TE&JUINQ
&UTN&..m MEANS IlL rWE TD SFB1D
YOUR SON
P.S. r MURIEL'S
OLDER K-WEK.
Sno. AROUN' TOWN?
AP Putuns
Closing Quotations
NEW YORK, Dec. 20-()-Today's closing quotations
Air Reduction ..37 Du Pont De N ..138y8 Phelps Dodge 29
Alaska Juneau ....2 Eastman Kodak 132V8 Phillips Pet 45y4
Al Chem & Dye 139 Gen Electric 26V4 Proc & Gamble ..50
Alhs Chalmers ..27 Gen Foods 37 Vs Pub Serv NJ 12
American Can ..62 Gen Motors 29 Pullman 21
Am Car & Fdy ..29 Goodrich 13 Radio 2
Am Rd & Std Stn 4 Goodvear . 11 Rflvnnier OSi
Am Roll Mills ......10 Great Northern ..20 V8 Republic Steel" 164
-.i ouicn . ..ox- ureynouna
V m L e unnois uen
nra luoacco a insD i:onni
Am Wat Works ..2 Inter Harvester ..454 Shell Union 15 K
-.nit u O .. in. INlCKei
A J. .- -..i . -
i-lliaLUHUd ini r IV. H
' -
Armour Illinois ....3 Intej- Tel &
Aicnison 25 Johns Manvillo ;9(. r
"V, . "' 074 ennecou
Baldwin Loco 13 Libbey-O-Ford
Bendix Aviation ..38 Lockheed
Beth Steel 59 Lowe's
Boeing Airplane ..18 Lone-Bell
Borden ..-19 Monty Ward
uorg warner 19 Nash Kelv
wa. am io iil niscuir
Calumet Hec
- t. -
""4 "a. uairy roa ,.13 Trans-America 4
11 Nat Distillers 935.4 TTninn ro-Kij eon
Canada Dry
Canadian Pacific . 3 Nat Lead
- .
aiciuuiai iiac .." ii i i.enirai
Lelanese 18 N American
Unesa 5c Ohio ...32V. N Ampriran
.
unrysier 42 Northern
r-i P PI 1 V v .
wv Va o-t WCf ....i LniO LJll
Commercial Solv ..8 Otis Steel
Consolid Aircraft 227n Pac Ampr
Consolid Edison ..11 Pac Gas &
Consolid Oil 5 Pac Tel &
Continental Can ..24 Packard
Corn Prod 49 Pan Amer
Crown Zeller 10 Paramount
Curtiss Wright ....8 J C Penney
Douglas Aircraft 66 Perm RR
Defense Program Exceeded in
1942 Winter Wheat Crop
WASHINGTON, Dec. 19JP)-A 1942 winter wheat crop of
630,913,000 bushels or about 150.000.000 bushels
the AAA production goals under
was saia Dy me agriculture deDartment todav tn hp iniVaoH
-
accoramg to Associated Press re
port.
This estimate was based on fac
tors affecting production which
are measurable in the fall, such
as seeded acreage, condition of
the crop on December 1, rainfall
and temperature to date, as re
lated to yields in past years.
Because this year's record
wheat supply of 1,348,000,000
bushels was sufficient to meet
expected needs for nearly two
years, the agriculture depart-
Air Raid Siren
By Quinn Hall
CAMP KlX
11-20
n-ft Richfield Oil gifc
5 y4 Safeway Stores ..4278
ini. uk,.i. en
Sfi Snrmv Vo.....-. 01.
. "... r " ..Q74
KTrt '.U Snn ral ipii
- .' wuu v u i uiauil 1 J -
Tel ....1 South Pac 10V
aavs Stand Brands 3
...il Stan Oil Calif .. 21
rn t-js
.4 Stan Oil N.T ml
A . 514 Rt x. urK.iU'" i7
26 Studebaker . 3
'3 s.,r.e,i-, o,
I i I ovoo r oi
.
-.v o wiiivii bai ume nnj
12 Union Oil Calif 13
7 3'. iTn n- Tin:: onv
Av 117 TTnitoH Ai-i;, ins.
Pn ll TTr.u a: i,
" .... o viuvcu TIwll VJi dlL ..3V1
Pacific ..4 United rn, ?
7 . o
HVb TTnitsa TT-rk-?. GO
454 ttq pkka. ica.
Fish in ttc p,,k tm 01
Elec 18 tis sti ki
Tel ....98 Vanadium 18
1 Warner Pic 5
Air ia& w,t, tt:1" oi
""ran uiiiua ..;i72
Pic ....13 Westine Elec 7fi
74 Woolworth 24
18
the "food-for-defense" program
- r"- - v
ment sought a greatly reduced
crop in 1942.
Plans called for a combined
winter and spring wheat crop of
about 650,000,000 -bushels com
pared with 945,937,000 bushels
harvested this year. A sharply
reduced spring wheat crop of
175,000,000 bushels next year
would give a total crop of 806,
000,000 bushels or 156,000,000
bushels more than the govern
ment's goal.
Farmers themselves
wholeheartedly with the wheat
program, which called for a re
duction of about 12.5 per cent
in the seeded acreage. The 39,
318,00 acres seeded this fall to
winter wheat was 14 per cent
below the 45,633,000 acres plant
ed a year ago.
The department said unusually
favorable weather was the fac
tor responsible for the prospec
tive overproduction. The Decem
ber 1 condition of winter wheat
was 87 per cent of normal, com
pared with 84 a year ago.
Present indications point to
an average yield of 16 bushels
per acre compared with 14.7
bushels this year and with an
average of 11JI bushels.
Officials emphasized- that the
indicated production might not
be borne out ' inasmuch
could, happen between now and
narvest time next June and July
to lower prospects. However, past
history had shown that when
conditions were favorable' in the
fall and earl; winter, the pmn
usually turned out good.
Should Production he nhnnt Be
indicated, officials said, it would
be necessary to hold
referendum sabn: marketing; quotas.
One reason the department
sought a reduced wheat crop was
the fact that with Dresent sur
pluses of grains, difficulty .was
Deing experienced in finding ade
quate storage facilities. '.
t. WANTED
Walnut meats and filbert
meats. Cash on delivery. High
esi price.
MORRIS KLORFEIN
Packing Co.
6 N. Front TeL 7633
Farmers Go
Above Quota
Pledges Show Aim
Of High Production
Throughout State
Food and feed production by
Oregon farmers will be far above
present quotas next year, on the
basis of pledges by 95 per cent of
Oregon farms, reported R. B. Tay
lor, Adams, chairman of the
USDA defense board, according to
tne Associated Press.
Compilation of reports from
all 36 counties showed promises
to produce types of food, feed
and seed particularly needed for
war efforts here and abroad.
Milk, eggs and pork production
will be exceptionally high.
Percentage increases p 1 a n n ed
for 1942 over 1941 included: milk
19 per cent; milk cows 18; hogs 38;
eggs 36; sheep 10; beef cattle to be
marketed 12; sugar beets 31; corn
7; barley 61; rye for grain 17; hay
9; dry beans 63; fiber flax 5; flax
seed 10; ryegrass 18; winter le
gume seed 35; vegetables 13, and
farm gardens 11.
The acreage of cover seed
crops is being increased in Ore
gon, which Taylor said was the
only state asked to make up the
goal, to meet demands in the
south where winter legumes
will help make up the nitrate
shortage.
Taylor said farmers would need
priorities on crawler type trac
tors and electric motors, but all
equipment was getting so scarce
that speed in repairing machinery
and ordering necessary parts and
new equipment was essential.
THIMBLE THIATItarrinj
LOHPEAg. CUHAT CAM BE THE
LET- kSfMORE THE Lrm p pavAi
THE LONE RANGER M th. BT rRAN STR-
1
POLLY AND HER PALS Wedded BWKrie! " '
r By CLIFF S TURRET
I DONT SEE WHY VUH DONloH PlSH TUSH I I 1 1 .
EJrL'TH 7HIS ARTICLE PA. I READ THAT 7 "TVflS LAST X " 1
. v
MICKEY MOUSE " Pola . ,, "
Pete Knoc" on Wood I ,
i -- . H. , -. By WALT DISNEY
1 1
LITTLE ANNIE ROONIT " 1, " '
By BRANDON WALSH
OMEOr$ 2eROBEP0RC SCHOOL) THECeSHE 16, HOWCDME WM V Xr i J VMsrtor vr -r,, T 1
-'
mokes, I shall iurre a cheerful
-y IN.OUK TOVE
Quotations at
Produce Exchange
PORTLANUi Ore., Dec. 20 (AP)
Butter prints) A grade 38c in parch
ment wrappers 39,c. in cartons, B
grade 37,c; ?in parenrnent wrappers,
38'aC in cartons.
Butterfat First quality, maximum
.6 ol 1 per cent acidity, delivered Port
land, 38-38V.C lb.; premium quality
(maximum of .35 of 1 per cent acidity),
39-39'c lb., valley routes and country
points 2c less or 36'2c; second quality
2 cenis unaer zirst, or 4-30',.c.
Eggs Prices to producers: A large
33c; B large, 31c; medium A, 31c;
medium B, 30c; B, small, 24c; A, small
26c. Resale to retailers 4c higher for
cases, canons sc nigner.
Cheese Selling price to Portland re.
tailers: Tillamook triplets 28c lb.; loaf
zac id. xxipieis xo wnoiesaiers Z6c lb.;
loaf 27c lb. I.o.b. Tillamook.
Portland Livestock
PORTLAND. Ore.. Dec. 20 (API
(USDA) Hogs: for week, salable 3450.
Barrows and gilts
iia.-cn. 140-icso lbs. 10.75 11.65
do 160-180 lbs.
11.35 W 12.15
12.00 la 12.15
11.6012.15
11.25 e.11.85
11.00 11.50
do 180-200 lbs.
do 200-220 lbs.
do 220-240 lbs.
do 240-270 lbs.
do 270-300 lbs 10.75mil.25
Feeder pigs, gd-ch. 70-120 10.2511.25
Cattle: For week, salable 2625.
Steers, ch. 1000-1100 lbs. 12.25(5112.75
do good, 900-1100 lbs. 10.75 11.25
ao mea. vou-iiou ids. .. 9.50010.75
do common. 750-1100 lbs. 8.00 9.50
Heifers.
Good .. 9.75 10.50
do med, 500-"0 'bs. 8.50 9 75
do com, 500-900 lbs 7.00 (j 8.50
Cows, good, all wts. 7.75(5 8.50
do medium, all wts. 6.75 7.75
do cut-corn, all wts. 5.25 6.75
do canner, all wts. 4.25 525
Bulls (yearlings excluded)
beef, good, all wts 8 50 9 25
do sausage, good, all wts 8.25 9.00
do saus, med. all wts. . 7.500 8.25
do cut-corn, all wts. 6.25 & 7.50
Vealers, gd-ch. all wets. 11.50013.00
do com-med. all wts 8.0001160
do cull, all wts. 6.500 8 00
Calves, gd-ch, 400 lbs. dn. 10.00011.50
do com-med 7.00 10 00
do cull, 400 lbs down 5.50 ffl 7.00
Sheep: For week, salable 2300.
Ewes (shorn) gd-ch 4.500 5.25
do, com-med ., ,, 8.50 ( 4.50
Lambs
do gd-ch
10.50011.00
9.50 Oi ; 10.25
8.25 9.25
do med-gd
do common
Portland Produce
PORTLAND, Ore.. Dec. 20 ( AP)
Country meats Selling price to retail-
Popey. f
A
MATTER U3ITH EuKlE?
OH.SA
. AUKJT )
RJLp -
IT
DOWTAVf
i 1 I I
UJ-UBL0UJ
WEDOUJMf
Portland
fSS-H"1 I10 butcher.
. nun. iz-i4c;
iVk. 10 l-l0'jc- neavy. 14-15c;
8"9c: good cutter
bulla 14 Vi12 ' cannr C0 l-"c;
.DJ"essed turkeys Selling price: Hens
- Buying pri
.Pi'y-Buyrng prices: No. 1
grade Lecnorn hrn n im.. in 11
& VSl.1 bB- lte:e MHi
colored hens, 19c; Leghorns, under 3',i
li:. 15ci ,.ver 3' lb- "c Old
unions uregon nominal, 1.50 50-
j-. 1 -.
loascrornoc11401 Yaklm-
Potatoes White locals. 2.00-25 cen-
v.vt. m , ems 2.40-2.50 cental
- - au9 b.W.
"a?"f ?in.Pr!c on. Alfalfa
oai-vexcn. $13.50 ton:
Willamette valley clover, 12.00 ton; tim
othy, eastern Oregon. $2150 ton.
Mohair 1941, 12-month. 45c lb
Nuts Pr4 tn ...v.ni . r-. ..
Barcelona, tumhn 7i i-n, int.
.W.a 1 t s Prices to wholesalers :
First grade Franquette, Jumbo. 22c
large 20c; medium 18c; baby 15' c;
soft shell, jumbo .none; large 19c
medium 17c; .baby 14ic lb. Mayette".
jumbo none; large 20c lb.; second
f?di fra'1cqu?ite' lar8e 18c medium
17c. baby 15c lb.; soft shell, large 17c
medium 16c; baby 14c ib
.-Ir,1,941 .llp' Ore8o ranch nom
inal 32-33c lb.; crossored. 34-37c lb
DomesUc flour Selling price, city
delivery. 1 to 22 bbl. lots; family pat
tents. 49c. 7.35-7.95; 98c. Il0-7.70 bbl
bakers hard wheat net. 5.75-6.50-blended
hard wheat 5.85-6:30; soft
wheat 5.50: bluestem 6 00-6 50
Hops 1941. 40c; 1942 contracts. 33c
Cascara bark 1940 peel. 10c lb.; 1941
1UC 10.
Portland Grain
PHRTTAVn n-, u
Wheat Open High Low Close
May 1.02 1.02 1.02 1 02
December .. .97 .97 97 .97
--S2shgrain : at No- a 38-lb. white.
37.50. Barley No. 2 45-lb. BW. 32.75.
Corn No. 2 EY hlnmnt 11 . Kr i
flax, 1.97
Cash wheat fhlrff- Kr,t v,u uu.
soft white excluding Rex. - 98; 'white
club. 98'; western red. 97.
nara rea winter ordinary, 96'i; 10
Per cent. 98: 11 rr rtni i na- io re
cent, 1.13. '
Hard white-Baart ordinary, 1 06- 10
per cent. 1.13; 11 per cent, 1.19; 12 per
cent, 1.22.
Today's car rereintc Wh-ot i. v..
ey- JiS.floJr'. 7 co". 3: oati 0; hay.
3: millfeed. 8; flaxseed. 0.
PaLty WaLty Uiimertchtdr
'JEM
. .
1 1
Grain Market
Closes Higher
CHICAGO, Dec. 20.--Soy-
bean prices rose almost 6 cents a
bushel at one stage, close to the
limit permitted in Saturday'! ses
sion, injecting strength as well as
some lire to the otherwise languid
grain trade.
The wheat and corn advance
was held to Vz cent, with invest
ment and commercial trade re
maining restricted because of un
certainty regarding Drice control
legislation. Some buying was at
tributed to dealers covering pre
vious short sales due to the action
of beans, but milling and flour
trade was quiet
Wheat closed Vk- hifiher than
Friday, December $1.23, May $1.-2574-.
City Hall Fund
Donors Listed
S ILVERTON The list of don
ors, pledging $1720 toward th
purchase of the city hall has been
turned over to city officials and
includes:
Dr. P. A. Loar, $100; R. G. Al
4-1 m
fcftum,M!7S.aa
The money you need is available to you
here and noiv. Inquire today at our con
venient address about our personal loan
service!
For Money In a Hurry See
State Finance C.n
M 344 State St. Lie.
2S
LrSSl . WER TKVlfsl1 TaI If )i .JU UUA U I.
len, $100; Ames Hardware, $100;
I. D. Worden, $100; C H. Hoyt!
$100; Dr. R. J. VanQeave, $100;
R. J. Janz, $100; A. L. Smith, $100;
J. C. Penney Co, $100; H. L. Stiff
Furniture Co, $100; Coolidge &
McClaine Bank, $100; Roy Mor
ley, $100; Elmer Olson, $50; E. L
Starr, $50; Byron and Clara Royce,
$50; Dr. C. R. Wilson, $100; P.G.E,
$100; Alf O. Nelson, $25; E. K.
Cramer, $25; George M. Christ -
enson, $10; H. W. Burton, $5; E.
J. Boesch, $5.
Stocks and Bonds
k"-u vy i n Assocuilea ptm
STOCK AVERAGES
U 13 M
Indus Ralls Ctil SUi
- D 1 Vnch Unch Unch
Net rhinr
Saturday
52 6 13.7 25 J as n
Previous day
51.7
13 7
25J
36 0
40 0
430
45 0
MO
Monin ago
Year ago
1941 high
1941 low
57J
tli
639
52.6
16.2
Mi
190
134
29 5
34 4
35 5
23 J
BOND AVXSAGES
-o i ie ie
-tails Indus CtU Frgn
Net rhinff TT-.K t i t . . .
Saturday 59 0 103 1 V9 41 a
Krevioui day 59 0 103 3 99 7 41 8
Month ago 62i 104.9 102 0 47 7
i ear iro mi i tv. oa - -
1M1 high 66J 105.4 1023 51 4
1941 low 58J 103J 98 9 38.0
n
S-213. M-22? pL. ooi
f m. oi ai
M
' N T ly M
t
4