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

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The Oregon statesman., December 23, 1941, Page 10, Image 10

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Newspaper Page TextFi Markets Go ICS C The OREGON STATESMAN SALEM. Oregon, Tuesday Morning, December 23. 1941 PAGE TEN Stock Market Hits New Low Early Rally Fails to , Halt Decline; Rubber Issues Fall Hard NEW YORK, Dec. 22.- P)-An early rally in Monday's o c k market itubbed its toes or. the r war news and heavy tax selling and average prices dipped to new . low ground for- more than three years at the close. Leaders at the best pushed up fractions to a point or so. In the majority of cases advances were converted into declines at the last with a few weak members of 8 to 5. The Associated Press average of 60 stocks was off .5 of a point at 8S.S, a new bottom since April 1, 1938. Tax offerings in low- priced issues of 1000 to 10,000 share blocks were largely respon sible for the day's turnover of 1,459,065 shares which compared jvith 1,269,869 last Friday. US Rubber preferred fell 5 points and the common was off as the shortage of crude rubber due to the Pacific conflict threat ened normal output in this field American Can was off 3 as im ports of tin were expected to diminish. Prominent on the offside were American Telephone, US Steel, Chrysler, Goodyear, Goodrich, Montgomery Ward, Douglas Air craft, Glenn Martin, Kennecott, Standard Oil (NJ), Texas Co., Westinghouse, Allied Chemical, Johns-Manville, Eastman Kodak and Philip Morris. "Strictly Private9' By Quinn Hall f MP.FUMtti PL- Jl RK- - at how& pmli PL AT HCrA& DBA A&& IF THE ARW WCWS PEAL PK&UEAS 14 AWEUJEWG TT COGtfTA TP" COM3 SCWE WD SEEM K W WOB UflH "TDDAV. Rs.rns djoucu to make, ejem a saxem SGM NS-WRCAM7 Ar rattan Closing Quotations NEW YORK, Dec. 21-(iP)-Today's closing quotations: Air Reduction ..36 Du Pont D N ..137 Phillips Pet 454 Alaska Juneau ....l7s Al Chem & Dye 137 Allis Chalmers ..26 American Can ....59 Am Car & Fdy ....29 Grain Market About Even CHICAGO, Dec. 2.',-(A1)-Gram futures trading Monday was con fined principally to liquidation of December contracts of corn, oats and rye but at the tables where actual commodities were bought r id sold dealers enjoyed a brisk jhipping business at generally steady prices. Wheat futures closed lower to y higher compared with Sat urday, December S1.23V.-1.23, May $1.25-. Stocks and Bonds December 22 Coir piled by The Associated Press STOCK AVERAGES Eastman Kodak 131 Proc & Gamble ..50 Gen Electric 25 Pub Serv NJ 12 Gen Foods 37 Pullman 22A Gen Motors 30 Radio ..2V Goodrich 13 Rayonier 9 Am Rd & Std Stn 378 Goodyear 11 Rayonier Pfd 24 Am Roll Mills ....10 Great North 19 Republic Steel -..16 Am Smelt & Rf ..38 Greyhound 1034 Richfield Oil 9 Am Tel & Tel ..123 Illinois Central ....5V4 Safeway Stores ..42 Am Tobacco B ....45 Insp Copper 10 Sears Roebuck ....51 Am Water Wks ..2 Inter Harvester ..45 Shell Union 15 Am Zinc L & S ..3 Int P & P Pfd ....55 Socony Vacuum ..8 Anaconda 26 Int Tel & Tel 1 Sou Cal Edison 17 Armour Illinois ....3 Johns Manville ..51 South Pacific 10 ..25 Kennecott 34 Sperry Corp 29 3 Libbey-O-Ford ..20 Stan Brands 4 ...13 Lockheed ...21 Stan Oil Calif ....21 Army Desires Registration Of Horses Registration of all horses and mules between the ages of 3 and 10 inclusive in the states of Cali fornia, Oregon, Washington and Nevada is desired by the head quarters, Western Remount area, San Mateo, Calif. Experience of the present war shows the horse and mule still es sential for a variety of uses in modern armies. Germany has thus far employed something like million, Japan has used large numbers in China and Russia cur rently is winning large scale sue cesses with mounted units or units otherwise employing horses. In domestic life of the near fu ture horses may be most vital, Curtailment of production of pow er driven farm machinery and transportation, restrictions on use of various fuels or lubricants, ae tual shortages of certain essen tials, greater demand on agricul ture and similar conditions pres ent or possibly imminent, make future and greater importance of the horse likely. Every horse and mule owner is requested to forward at once to Robert E. Rieder, county agent, the following information con cerning each horse or mule he owns: Age, sex, color, whether riding or draft type, whether broken or unbroken and whether or not nee essary for owner's own use. It is requested all animals be regis tered by January 10, 1942. It is desired to emphasize that this is not a draft of animal re sources and that it seems most un likely this will ever be necessary, When horses or mules are needed they will be purchased. Prompt Quotations at Portland Produce Exchange PORTLAND. Ore., Dec. 22 AP) Butter prints: A grade 38c in parch ment wrapper! c, in caruMw. o grade 37c; In parchment wrappers, 38c in cartons. Btterft First quamy. - maximum .6 of 1 per cent acidity, delivered Port land. S7tt-38c lb.: premium quality (maximum of .35 of 1 per cent acidity), 381.-39C lb., valley route and country rinta 2c less or 36ftc; second quality cents under first, or 36-361.C. Eggs Prices to producers: a 33c; B large, 31c; medium A, 31c: medium B. 30c; B. small, 24c; A. small 26c. Resale to retailer 4c higher for cases, cartons 5c higher. rhMa Kouirte Dries io r onuna re tailers: Tillamook triplets 28c lb.; loaf 29c lb. Triplets to wnoiesaiers zoo to.. loaf 27e lb. i.o.o. raiamoox. Ewes (shorn) gd-ch do. com-med Lambs- do gd-ch Portland Livestock PORTLAND. Ore., Dec. 22 (AP) (TJSDA) Hogs: Salable 1300. total sooo, CawAwa inn iriitu CkL-ch. 140-180 ids. IV-Sgfit: do 18O-1B0 lbs. 11.00 11.75 do 180-200 lbs. do 200-220 lbs do 220-240 lbs. , do 240-270 lbs. do 270-300 lbs. 11.65 U55 11.005 10.75 10.504 70-120 10.25 i r rites, ed-ch, Cattle: Salable 1500. total 1650, 11.75 11.75 11.50 11.25 11.00 11.25 Steers, ch. 1000-1100 lbs. 12.50 13.00 do good, 900-1100 lbs. 11.00 12.50 do med. 750-1100 lbs 10.00 11.00 do common. 750-1100 lbs. 8.00 10.00 Good U.WW1U.I do med, 500-900 lbs 8.75 10.00 do com. 600-900 lbs. 7.00 8.25 Cows. good. all wts. 8.00 8.50 do medium, all wts. 6.75 8.00 do cut-corn, all wts. 5.25 6.75 do canner. all wts. 4.25 5.25 nulla ivurllnn excluded) beef. good, all wts 8.50 955 do sausage, good, all wts 8.25 9.00 do saus, med. all wts. 7.50 8.25 do cut-corn, all wts. 625 7.50 Vealers, gd-ch. all wets. 11.50 13.00 do com-med, aU wts do cull, ail wts. 8.00 11.51 6.50 8 8.00 ralves. ed-ch. 400 lbs. dn. 10.000110 do com-med 7.00 10.00 do cull. 400 lbs down 5.50 7.00 Shefp: Salable 1300, total 2450. registration of animals of a useful military age is simply a most de sirable step m deiense prepara tions. Registration of animals at this time is voluntary but obvi ously a patriotic obligation, ac cording to F. W. Koester, Lt. Colonel, QMC, officer in charge 8.00 8.90 3.00 8.00 do med-gd. do common 10.75 9.75 Sf 11.15 10.50 I 9M Portland Produce DIVFT -m S TVu. I A Ti -M . VIC.) W. i-ATI Country meats Selling price to retail ers: Country killed hogs, best butchers, 129-148, 14tt-15c; light thin. 12-14c; vealers, fancy 18i19c; heavy. 14-15c; lambs, 18 Vic; ewes, 8-9c; good cutter cows, 11-lll.c; canner cows, 10-llc; DU11S, 14.13C Dressed turkeys SeQlnc orlce: Hens 29-31c; torn, 23c lb. Buying prices: Toms, 23c; hens, 27c. uvi poultry Buying prlees: No. l grade Leghorn broilers, under 1ft lbs 18c: over Hi lbs 18c: fryers 2U-4 lbs.. 18',ic; roasters, jver 4 lbs 19c; colored hens. 18,ic: Leghorns, under 3'i lbs I5',ic; over 3i lbs 17 lie Old roosters oc id. Onions Oregon nominal, 1.50 50- im. sack: Yakima. 1.25-1.40; Yakima 10's. 25c: Oregon 40c. Peppers Local green S3 orange box; red. 60s box: California green 12-13c potatoes White locals. 3.00 cen tal; Deschutes Gems. 2.4562.50 cental; Klamath Falls. 2.40-2.50. Hay Selling price on tracks: Alfalfa No. 1 szo; oat-vetcn, si ton; ette vaUey Clover. $12. WUlam- ton; tim othy. eastern Oregon. 621.50 ton. Mohair 1941. 12-month. 45c lb. Nuts Price to wholesaler: FUberts Barcelona, lumbo 21c. large 18ic. fancy 17c, baby 164c lb: Duchuly, lumbo zoc, large ic xancy 1bc io. W a 1 n ut s Prices to wholesalers First grade Franquette, lumbo, 22c: large 20c; medium 18c; baby 15',4c; soft shell, jumbo jione; large 19c; medium 17c: baby 14Hc lb. Marette. jumbo none; large 20c lb.; second grade Franquette, large 18c: medium 17c: baby 15c lb.: soft shell, large 17c; medium lec; DaDy ic id. Wool 1941 clip. Oregon ranch nom inal 32-33C lb.; crossored. 34-37c lb, Domestic flour Selling price, city delivery. 1 to 22 ddi. lots: family pat tents 49c. 7J5-75; 98c. 1.10-7.70 bbl.; bakers' hard wheat net. 5.73-6.50; 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. 10 lb.; 1941 10c lb. Portland Grain PORTLAND, Ore.. Dec. 22 (AP) Wheat: Open High Low Close May 1.02 1.02 l.OHi 1.01'i December SI SI .87 si Cash grain: Oats No. 2 38-lb. white. 37.50. Barley No. 2 45-lb. BW, 32.75. No 1 flax 1-Wi'i. Cash wheat (bid): Soft white. 96 '4 Tax Official Predicts No Property Levy Prediction that Oregon would not need to levy property taxes for either general or special pur poses for the fiscal year begin ning July 1, 1942, was voiced here recently by Charles V. Galloway, chairman of the state tax commission. Galloway expressed this be lief la explaining the commis sion's levy, to be-filed on Mon day, for the half year ending next Jane SO. The half year levy will amount to $4432,300.77 under the t per cent limitation, all to be met from Income tax receipts. The commission said the state's requirements lor we nail year actually would be $5,140,168.05. The $807,868.18 difference be tween the legal levy and these requirements will be merely i book deficit and one that lnheri tance tax and similar receipts will wipe out, Galloway said. Income taxes receipted to the treasury during 1941 have ex ceeded the official estimate of year ago by $1,821,058, creating the surplus from which the two- mill elementary school tax will be removed from property in the first half of 1942 for the first time in the state's history. white soft white excluding Rex, 98 club, 99; western red. 97. Hard red winter: Ordinary, 964; per cent. 98; 11 per cent, 1 OC'i; per cent. 1.13. Hard white Baart: Ordinary. 1 06; 10 per cent. 1.13; 11 per cent. 1.19; 12 per cent, iscx. Today's car receipts: Wheat. 36: bar ley, 1; flour, 14; com, 4; oats, 1; mill- feed. 3; flaxseed. 1. Carrots Lead Strong Supply of Vegetables PORTLAND, Dec 22.-V Vegetablet showed strength on the farmers wholesale market Monday with carrots leading the group- Carrots told to 45-50 cents doz en bunches generally, although some sales were down to 35-40 cents. Lugs were 45-50 cents. Lettuce from MaryhOL The Dalles and Bingen of fair quality brought $1.25-1.35 crate. Spinach sold around $1 for mid- Columbia stock with local 75-90 cents orange box. Cabbage sales spread 75-90 cents crate with red 60-65 cents pony crate. Cauliflower moved $1.15-115 for Is and mostly 60 cents crate for 2s. Tli monoy you nttxi is gTfiflabls) to yoa her and bow. Inquir today at our convenient ad dress about our person al loan service 1 For money tn a hurry see Stale Finance Co. 144 State Phone 9211 Lie 8-Z13 M-ZZ2 THE LONE RANGER Get the Point Boys? By FRAN STRIKER Atchison Aviation Corp Baldwin Loco Bendix Avia .. Beth Steel ...... Boeing Ar Borden 38 Lowe's 34 Stan Oil Indiana 30 59 Long-Bell A 2 Stan Oil NJ 41 18 Monty Ward 25Y Stone & Webster .AY 19 Nash Kelv 3 Studebaker 3 Borg Warner 19 Nat Biscuit 13 Sunshine Mining ..3 30 19 18 60 Indis Ralls Util Stks Monday D. 8 D. 2 Unch D. 8 Previous day ... 81.8 13.8 2S.3 35.5 Month ago 87.4 16.2 29.5 40.0 Year ago ..- 61 3 15 8 34.4 43.0 1941 high 63.9 19.0 38.8 45.0 1941 low 81.8 13.4 28.3 36.0 BOND AVERAGES JO IS 10 10 iUils Indus Util frfn uaiii r-acK i-4 Calumet Hec .6 Canada Dry 11 Nat Canadian Pacific 3 Caterpillar Trac ..37 Celanese 19 Chesapeake & O 32 Chrysler ...41 Col Gas & Elec 45 Commer Solvent ..7 Consolid Aircraft 22 Consolid Edison ..12 Consolid Oil 5Vi Continental Can 23 Corn Prod 50 Crown Zeller 10 Curtiss Wright 8 Net change . Monday Previous day Month ago .... Year ago 1941 high 66.S 1941 low . 58.3 D. 1 A. 2 58.9 103.4 59.0 103.2 62.7 104.9 59.9 105.1 105.4 103.2 A. 1 n.r 99.6 101.8 99.7 102.2 98.9 D. 1 41.7 418 48.8 37.3 51.4 38.0 Wool in Boston BOSTON. Dec. 2 (AP) (USD A) There were a numoer of inquiries for domestic wools in Boston. Moderate quantities of graded bright three eighths and one quarter blood fleece wools were sold at 51 to 52 cents, in the grease. Fine territory wools of average to good French combing length brought mostly $1.10 to $1.13 scoured Nat Dairy Prod 13 Texas Corp ... Nat Distillers 23 Trans-America Douglas Aircraft 64 Phelps Dodge 42 4 Lead 12 Union Carbide ....68 NY Central 7 Union Oil Calif ..13 N American Av 11 Union Pacific 60 N American Co ....9 United Airlines ..9 Northern Pacific 4 United Aircraft ..34 Ohio Oil -.8 United Drung 5 Otis Steel 13 United Foods 66 Pac Amer Fish ..10 US Rubber 15 Pac Gas & Elec 18 US Rubber Pfd -67 Pac Tel & Tel 98 US Steel 50 Packard 2 Vanadium 18 Pan Amer Air .14 Warner Pictures ..4 Paramount Pic ..13 West Union 24 J C Penney 75 Westing Elec 74 Penn RR 18 Woolworth ... 24 Wm THE MATTER WITH J SHE? A FE6UIAK WITHER I I SHE'S 6OT Hg 15' OTHBR VTZZ- - I I Lf cVyJ POLLY AND HER PALS The Sincerest Form of Flattery! By CUFF STERRET 29 Salem Market Quotations The D rices below suDDlied by a lo- i cal frocer are indicative of the daUy market prices paid to growers oy sa- lem Duyers dui are not guaranteed oy me statesman: VEGETABLES Apples, box .-, Beets, Duncn, ooz. Hen scratch feed Cracked corn Wheat SO to 2.25 2.25 1.00 Brussels sprouts, flat Cabbage , , Carrots Cauliflower, crate Celery, green Celery hearts dot came. id. Hubbard squash ' Onion, 60 lbs. ' Onion, green Potatoes. 100 lbs.. No. 1 new Potatoes. No. 2. 50 lb. bag Radishes. do 1-5 .40 1.00 1.50 .35 , 1.25 2.25 1.00 J8 . .018, . 2.00 . -.45 . 2.50 - .70 . .33 BUTTER PRINTS t (Buying Prices) A : i B .. ,,-;, 38,4 S7',. 3Si GRAIN, BAT AND SEEDS (Buying Prlees) Oats, No. 1 , - Feed barley, ton Clover hay, ton AUaua hay, ton Quarters EGGS AND POULTRY (Buying Prices of Andreten't) (subject to Change without Notice) BUTTERFAT . Premium No. 1 No. 2 Extra large white Extra large brown Medium Standard Pullets Colored hens f HONEST IN SOUft LATEST CZTm I FIGURE "THAT MXl I I S ZT- I BOOKDID VOUMEAN IT JT Ll ( WOMEN , IN NCXJR "W1ID N f '".Vatc-JI? ) (f WHENOU SAlO SOLING A V" V AMBITION TO 8-5 SO r O ) imitate TitMjy ''L' X MEN 6HO-JLD BE TAU6HT J rtp&V ( MANNISH j ' S "" ' O fr 3 NOUSE-KEEPING? j- Dairy feed. 80-lb. bag- 30.00 30.00 - 0.00 to 10.00 USX) to 18.00 1.78 One of Those Jap Two-Man Subs .39,. J8A M M 1 21 J8 XI J7 J8 JOS (Buying Prices or Marton creamery) (Subject to Change Without Notice) BUTTERFAT Premium .40 No JL ; ; No. 2 , ; . 21 EGGS Large A MICKEY MOUSE Smash Your Barjgage. Mister? Hi! By WALT DISNEY Colored frvs wnite egborn oia roosters . 1 - . lrge B -Medium A Medium B Pullets -' -Checks Colored hens . Colored fryers Leghorn fryers Leghorn hens . stags Old roosters M .31 1 ,7 -J8 as a7 a7 ae as a2 as R-micy, rM w s - . i-ra i m there's one last Hj W ven v does, rv U tt X rJ fl Tilt C kl slee looks &irr A rrTV5f pl Igetokksht N6JNL bunslns this. . . oh -oh i , H i I yJl i - FLl tav J t If ?JftiTllZZm (XTaSSclJn C(7 GONE TO HtS HEZI HE COME5. r t- 1 1 y Nfflrrn.OTfYlr Uhe follow- wkgfg MWUffiffiiw Mi 'JmoWm l k 1 V w Na 2 poultry jOS less. LITESTOCB ItJuytnif orlces for No. 1 stock, based on conditions and sales reported up to p-m.j Top lambs " ' ' 10.50 ewes ; 4.00 to 5.00 Hobs, too 160-225 lbs. 1 1 75 I Sows a.15 Veal, top UJS0 inury type cows 5.00 to 6.00 LITTLE ANNIE ROONEY Beef cows , BUUS Heifers Dressed veal HOPS (Buying Prices). Seeded 1942 contract I Seedless 7.00 to 7.50 7.75 to 8.25 tM to 7J3 ao WOOL. AND MORAtt Wool Lamb Mohair .42 .40 n .45 WANTED Walnut meats v and - Filbert meats. Cash on delivery. High est price. MORRIS KLORFEIN Pactdnc Co. - 6 N Front Tel. 7633 fife,WANMA ,eurTHEVlRf AWFlXSTKOHGl tl. W. flHATS-ED-tQAD LOOKS LHOTA UOBSZ t"iW VE guaaAKPuum' itbuttwc rrt JU Pun My Word! By BRANDON WALSH IKNCt4tfTHr?TClAUai-U TREES TO AiAKE CHRISTMAS WREATHS FOR ALMOST A MOMH .l "tiT rri ta eiiiujnn vn inni WW r -W BECAUSE THEY PROVED THE WEKE SMART n i ' M TO Be TEKRtSLE f UA,UA V."r ?C iMArT-roiMcw rfl ccktaw aS&I HOT- Jft Ik txrrc4W5MAr P2X1K10W IHOUGHTODO THUtCMSOSTUA tAKvfi r THIMBLE THATI-kiTng Popeye "Twin Trouble'" 7. N. Phonepboto Cccretary cf tht Navy Frank Knox, dlsclosirig the full story of the Japanese attack on Pearl Harbor, Sunday, Dec 7, revealed that the Japanese had used two-man submarines among other vessels. One of those two-mam Japanese subs is pictured above. ...J rj : K x 1 ; Ci T t.it---M La Or.TjrXam, NJJ. --- Dr.a.Chan, MJ. DR. CHAN LAXI - , OInese Medicine Co. , 241 North Liberty tTpstalrs Portlsad General Dee. Co. Office open. Tuesday and Saturday nly16 a. m. t 1 r sa.; 6 to 7 p. m. uoBsiuiauon, cioo- presinre Brine tests are free ef charge. 25 Tears in Business - A "TRIED TO BLOU) UP ME ,HIP. y, xiii . ji rv fj i vuu.if 1 "-"SI K FOUKJO THESE 64 THE WIPHOLD OWLV te-STHEKEVld w -i . . ii.ii. (VTSIUI 1 ucri Atnrcrx rBCOT THE F 7 IftlMT DONE rJCrrHlK.y i rjur cit n riT-kir-uTic . it UUlMPV, AMA HlP r- I l-AET f I iDrr THEHAKO- czSi C- -t.i fJm --.- V UJELL.VOU TUJO I LUU HAFTA LUORX sT CXTT. HeayBJFS! W rJTIT)