i . t Far: Co IE DTD PAGE EIGHT The OREGON STATESMAN, SALEM. Oregon. Wednesday Morning, December 31. 1941 - . . . V. . ' -: 'Markets o.cia! i . Stock Market Stages Rally Best Session in More Than jYear Results In General Rise NEW YORK, Dec. 30-- Stocks hit the high spots In Tues day's market for the best rally in more than a year,. After some irregularity at the opening, when it was necessary to absorb continued heavy tax sell ing, a buying wave swept over the list and lifted favorites 1 to points at the best A few isolated strong spots such as American Telephone were up around 9. The prices slipped in many cases at the close but the majority still were well out in front when the final gong sounded. The Associated Press average of 60 stocks ended with a net ad vance of 1.4 points at 37.2, biggest , Jump of this barometer since No vember 7, 1940. Dealings were exceptionally speedy at intervals but slowdowns occurred after mid-day. Transfers, however, of 2,558,507 shares were second to Monday's turnover of 2,925,455 shares which were the largest since May 21 last year. The major telephone stock was far and away the day's sensation. At its top it was up around 9 points from its Monday's final quotation and some 15 points from its low of last week. "Shorts" were run is, brokers said, when it was discovered the issue had been "sold to a standstill" and was ex tremely difficult to repurchase. It emerged with a net a"dvance of 5 points at 127. Shares up 3 to 4! or so included Union Carbide, Allied" Chemical, Du Pont, Westinghouse, American Can, and Union Pacific. Among lesser gainers were U. S. Steel, Bethlehem, Chrysler, General Motors, U. S. Rubber pre ferred, Sears Roebuck, Interna tional Harvester, Santa Fe, South ern Pacific, Great Northern, Standard Oil (NJ), Texas Co., Anaconda, American Smelting, Douglas Aircraft, Sperry, West ern Union and U. S. Gypsum. "Strictly Private" By Quinn Hall I Nv (m'l'll KEEP 1 1 r- Of A SOLDI I f3 SVl I ?&:wiiwmu& fy jr lW2S.PUUtS PUMVC JC, VEASZ SAR3B- M L after mm trwm tocne cp h Kk- THE LOCAL BCKERS SAD W THE FlfcST XMA I GOTIH A RWS MJnVJ VjCXiLD HAMS JW DEAR SAR3E J- AFTER mm AE TDDONE OF HE LOCAL BOCERS SAOW THE FlfcST 6UV 1 GOT IN A RWS unvi VjCXiLD HAMS P.S..WE COULD SEE THAT I uwrr m NO wmsKB&. fratniw "So Closing Quotations Hop Contracts Filed for 1942 Crop NEW YORK, Dec. SO-iflToday's closing quotations: Air Reduction.... 37 Du Pont de N..145 Penn R R 18 Alaska Juneau .. 1 Eastman Kodak137 Phelps Dodge .... 30 Al Chem & Dye..l43 General Electric- 26 Phillips Petrol .. 43 Allis Chalmers.. 28 General Foods. 38 Proct & Gamble 51 American Can 59 General Motors.. 31 Pub Serv NJ 12 Am Car - Fdy.. 32 A Goodrich 14 Pullman 34 Am Ed & Std stn 4 Goodyear 10 Radio 2 Am Roll Mills .. 10 Great Northern- 21 Rayonier .. 10 Am Smelt & Ref 40 Greyhound - 11 Rayonier Pfd. .... 23 Am Tel & Tel....l27 Illinois Central.. 5 Republic Steel 18 Am Tobacco B....46 Insp Copper 10 Richfield Oil . 8 Am Wat Wks .... 2 Internat Harvest 47 Safeway Stores 44 Anaconda Z8 inter JNicKei -b bears KoeDUCK oiyg Armour Illinois.. 3 Id Pa & Pip Pfd 57 Shell Union 14 Atchison 27 Int Tel & Tel 1 Socony Vacuum 7 Aviation Corp .... 4 Johns ManviUe.. 53 Sou Cal Edison.. 18 Baldwin Loco .... 13 Kennecott 37 Sou Pacific 11 Bendix Aviation 40 Libbey-O-Ford.. 21 Sperry Corp .... 29 Beth Steel 65 Lockheed 22 Stand Brands 4 Boeing Airplane 20 Lowe's 38 Stand Oil 'Calif 19 Borden 19 Long-Bell A 3 Stand Oil Indian 27 Borg Warner.... 20 MontgOm Ward.. 25 Stand Oil NJ 42 Cam facK xsasn ri.eivinaior j oxone weDsier vs Calumet Hec 5 Nat Biscuit 14 Canada Dry 12 Nat Dairy Prod. 13 Canadian Pacific 3 Nat Distillers 22 Caterpillar Tract 38 National Lead .... 13 Celanese 20 N. York Central 8 Chesa & Ohio .... 34 N Am Av 12 Chrysler 46 N Am Co 9 Crowd Attends PatronsMeet Mt. Angel Creamery Group Opens Two Day Session MT. ANGEL Approximately 1500 persons, in attendance Tues day at the annual patrons meeting of the Mt Angel Cooperative creamery, heard the report of the group's president, R. J. Berning, in which he stated that over 4, 000,000 pounds of butter, valued at $1,650,000, had been manuiac tured by the creamery during the past year. Out of the sales, 89 cents of ev ery dollar goes back to the pro ducer, Berning said. Operation of the proposed cheese factory will probably be started in March, Frank Hettwer, manager of the group, reported. Other speakers included Frank Nixon, state inspector for this dis trict, J. D. Mickle, state director of agriculture, who reviewed re lationship of the state organiza tion and the Mt. Angel, creamery during its 29 years of existence, and Harley Libby, Oregon pres ident of the Farmers' Union. Rights and responsibilities of both the farmer and labor were discussed by Father Alcuin. In formation about the sugar bett factory at Nyssa was given by Lloyd S. Brooks. Others on the program were the Strick broth ers, Silverton, Alfred Overlund and Mildred Hettwer. Scheduled today are talks by Sen. Douglas McKay, Prof. P. M Brandt, OSC, and E. A. Engbret son, Astoria. Quotations at Portland Produce Exchange PORTLAND, Ore, Dec. 30 (AP) Butter prints: A grade 30c in parch ment jwrapper, 40c in cartons; B grade aac in parcnmeni wrappers, 39c in' cartons. - Butterfat First quality, maximum .6 of 1 per cent acidity, delivered Port land, 39-390 lb.; premium quality (maximum of .35 of 1 per cent acidity), 40-40 'ic lb, valley routes and country points 2c less or 37c; secona quality 2 cents under first, or 37-37,sC. Eggs Prices to producers: A large 33c; B large, 31c; medium A. 3lc: medium u. auc; s, small. zc; a, smau 26c Resale to retailers 4c higher for cases, cartons 5c higher. Cheese Selling once to Portland re tailers: Tillamook triplets 28c lb.; loaf 29c lb. Triplets to wholesalers zee id.: loaf 27c lb. t.o.b. Tillamook. Portland Grain PORTLAND. Ore.. Dec. 30 (AP) Wheat Open' High Low Close Mav 1.01 1.02 1.01 1.02 Cash grain: Oats No. 2 38-lb. white, 37.00. Barley mo. z 9-id. ew, a.uu. Corn No. 2 EY shipment, 32.50. No. 1 flax, 2.03. Cash wheat (bid): Soft white. 97; soft white excluding Rex, 98; white club. 1.00: western red. 98'i. Hard red winter ordinary, 98; 10 per cent. 99; 11 per cent, 1.08; 12 per cent, u. Hard white-Baart ordinary, 1.10'i; 10 per cent, 1.13,i; 11 per cent, l.l9',i 12 wr cent. Today's car receipts: Wheat, II; bar ley, 0; flour, 3; corn, 2; oats, 4; hay. 0; millfeed, 7; flaxseed, 0. do canner. an wta. 4 soft B 7S Sulla (yearling exmudedl ' beef, good, all wta. 9.009 J0 do sausage, good, all wta. 8.75 O 923 do saus. med. all wta. 8.000 8.75 do rut-oom all wta a miA a rtn Veal ers, gd-ch, all wis. 12.50 13J0 com-meo, all wis 8.509 11.50 do cull, all wts. 7.06 8.50 Calves, gd-ch. 400 lbs. dn. 10.50 a 12.00 do cull. 400 lbs. down . 8.000 7.50 aaeep: aaiaoie 100, total 350. Ewes (shorn) gd-ch do, com-med Lambs gd-ch do ined-gd. . do common 5259 8.00 3.000 525 11.00011.50 10.00010.75 8.50 Q 9.73 Portland Produce Portland Livestock PORTLAND. Ore.. Dec. 30 (AP) (USDA) Hogs: Salable 500, -total 700. Barrows and gilts , Gd.-ch, 140-160 lbs. 10.73011.50 do 160-180 lbs. 1125 12.00 do 180-20 Olbs. ll.we'iz.io do 200-220 lbs. 11.60012.10 da 220-240 lbs. 11J511.85 do-240-270 lbs. 11.00 11.60 do 270-300 lbs. - 10.75011.25 Feeder pigs, gd-ch, 70-120 10.0001125 Cattle: Salable and total 100. Calves, salable 15. total 35. Steers, gd. 900-1100 lbs 12.00013.10 do med, 750-1100 lbs . 10.75 12.00 do common, 750-1100 lbs. 8.50010.75 Heifers. Good - 10.7501125 do med, 500-900 lbs. 9.250 10.75 do com, 500-900 lbs. 7.50(d) 9.25 Cows, good, all wts 8.250 8.85 do medium, all wts. 7.25 8.25 do cut-corn, all wts. 5.750 725 PORTLAND. Ore.. Dec. !Wf AP Country meats Selling price to retail- wiuno7 mica nogs. Dest butchers, 129-148, 15'i016c; light thin, 12-14c; yealers, fancy 18i19c; heavy. 14-15c; lambs, 18',i-19c: ewes. S-9c: coed cuttr cows, ll-ll'jc; canner cows. 10-llc: buns. 14-15C lb. Dressed turkeys Selling price: Hens 30c; toma, 26-27c lb. Buying prices: Tom, 23c; bens. 27c lb. Live poultry Buying prices: No. 1 grade Leghorn broilers, under l',a lbs 18c; over 1(1 lbs, 18c; fryers 2i-4 lbs, 18,4c; roasters, over 4 lbs, 18',ic; colored hens. 18,4c; Leghorns, under 3i lbs.. 15'ic: over 31i lbs, 17ic Old roosters 8c lb. Onions Oregon nominal. 1.50-1.60 50 lb. sack; Yakima. 125-1.40; Yakima iu s. mc; uregon 40c Peppers Local green 2 orange box red. 60c box; California green 12',4-13c. f-oiaioes wnne locals, z.00 cen tal; uescnutes uems. 2.60-2.75 cental; Klamath Falls, 2.60 2.75. Yakima No. 1 gems. 2.50-2.75. Hay Selling price on tracks: Alfalfa No. l 120; oat-vetch. $14 ton; Willam ette valley clover. $12. ton; tim othy, eastern Oregon. $21 50 ton. Mohair 1941. 12-month. 45c lb. Nuts Price to wholesaler: FUberts Barcelona, jumbo 21c. large 18.ic. fancy 17ic baby 16,ic lb.; Duchilly, jumbo .cue, large iuc tancy ' c id. W a 1 n ut s Prices to wholesalers: First grade Franquette, lumbo. 22c; targe zuc; medium l(tc; baby 15'ic soft shell, jumbo .none: large 19c medium 17c; baby 14'4c lb. Mayette, jumbo none: large 20c lb.; second grade Franquette. large 18c; medium 17c; baby 15c lb.: soft shell, large 17c; meaium ioc; DaDy 14c id. Wool 1941 clip. Oregon ranch nom inal 32 -33c lb.; crossored. 34-37c lb. Domestic flour Selling price, city delivery, 1 to 22 bbL lots: family pat tents. 49c. 7.35-7.95; 98c. 7.10-7.70 bbl.; bakers' hard wheat net, 5.75-8.50; 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 10c lb. Construction of Silverton Flax Processors Plant Starts Today; 1500 Acres Already Signed Up SILVERTON Surplus flax straw from the state and from Mt Angel will be the first to be pro cessed at the new Silverton flax processors plant, the building of which will begin today, according to T. T. Leonard, who with Charles Leonard and J. R. Black form the company. The men, who announced their plans "Several weeks ago, this week purchased a 45-acre tract of land from Dr. M. E. DeGuire in the Brush Creek district between Sil ver Creek an dBrush Creek. The now plant will be erected here. Wool in Boston BOSTON. Dec. 30 (AP) (USDA) A few Inquiries were received in Bos ton for graded three-eighths and quarter blood combing bright fleece wools at 51 to 52 cents, in the grease. Fine combing Ohio delaine had a limit ed demand at 45 to 47 cents. In the crease. Fine territory wools of aver age to good French -combing length were quoted mostly $1.10-1.13. scoured basis. Water right were arranged for Monday. The first building to be aet up will be the drier which wiu c 120 by 40 feeL The scutching building, 100 by SO, will follow, with the boiler, the retting tanks and storage sheds constructed later. The processors have signed 1500 acres and taken the application of 400 more under consideration. Appropriately- 4000 'tons of straw is expected next season. T. T. Leonard slated Monday, that approximately S3 men would be given continuous employment once the plane gets Ainderway. Flax in the old Fischer Flouring mill, now city property will be moved to the new plant as soon as it is completed. Additional Market News On Page 6 There is n personal or basinets emergency which we cannot help you meet with a conveniently, speedily arranged loan! Drop InU ear efflees far full details . . . STATE FINANCE CO. FOR MONEY IN A HURRY S44 Stat Fbone t2Cl Lie S-Z16 M-222 THE LONE RANGER Dangerous Knowledge. By FRAN STRIKER Studebaker 4 Sunshine Mining 3 Texas Corp 407s Trans-America- 4 Union Carbide.. 74 Union Oil Calif 12 Union Pacific 64 Sale of 63,000 pounds of the Col Gas & Elect 48 Northern Pacific 4 United Airlines.. 11 1942 hop crop at prices ranging from 34 to 41 cents was revealed in contracts filed this week with , County Recorder Herman Lafky. The 41 -cent quotation was a premium offer in contracts of Hugo LoeWi, Inc., for hops con taining less than 2 per cent seed, while prices in the same contracts were as low as 34 and 32 cents for those containing more than 5 per cent seed. Contracting to sell to Loewi were William Cummings, route two, Aurora, whose entire '42 crop was estimated at 4000 pounds: Jack Murray, route two, Coml Solvent .. 8 Ohio Oil 7 United Aircraft. 36 Consolid Aircrft 20 Otis Steel 5 United Drug . 4 Consolid Edison 12 Pacific Am Fish 8 United Foods .... 72 Consolid Oil 5V Pac Gas & Elect 18 U S Rubber 15 Y Continental Can 22 Pac Tel & Tel..l00 U S Rubber Pfd 64 Corn Products.... 53 Packard 1 U S Steel 54 Crown Zellerbch 10 Pan Am Airwys 14 Vanadium 20 Curtiss Wright. 8Vs Paramount Pict 14 Warner Pictures 5 Douglas Aircraft 66 J C Penney 76 Western Union.. 24 Salem Market Quotations JU6T WHAT DoVhOW MUCH ttA WE KNOW THAT TKEJ WE KNOW THAT X)K PLAN TO MAKE AU THE S WHEN THE PONEW WEE VwtU.' I N I M FACT. TOO MUCHt PEM VEX 6UK&, MBi , N' ) YOU WANT U5 J A LEADER9 Of- THE J TROUBLE 0U CAN IN THE WESTWVE ENU5TED AND CT500UKA6Eft THE fiEEH- (MJST5JN 5M00T 5TWU6WT, NO D56 MAWN' tM 9Jff&J f TO TELL XXI, ( ABOUT THE S 0K6ANIZAT10N ARE ? THE HELP OP CATTLE THIEvE6 REN66AD65 ANP MENT WILL BE OVER-THROW tXlOO . . S POLLY AND HER PALS The Lady With Dangerous Curvet I By CLTJE'STERRET The Statesman: VKCETARI.RII nMiiuot vw, ifiuiiaj) Airuic fcwv, I Aurora offering 6000 pounds of Brei8bUSproutflar clusters; and C. A. Yergen and cabbage Tda Vaughn, whose entire cluster cauinower'r crate ' crop was estimated at 5000 pounds Celery, green tv. . i k i :i i 4 Garlic, lb. """ "1C iuc uuiumoi Hubbard squash oi saiem. A straight 35 cents was prom ised by S. S. Steiner company in .contracts with Bellamy brothers, route one,' Aurora, for 8000 pounds of late clusters; Robert T. Cole man and Martha Pnlpman rnnt. Feed barley, ton 'j. Clover hay, ton . uuc, ucivvis, iw iu,uvv pounus oi late clusters; Edgar Crosby, Wood-' burn, 10.000 pounds of late clus ters; E. C. Davidson, StPaul, 10, 000 pounds of fuggles, and Kauf mann brothers, between Wood burn and St. Paul, 10,000 pounds of fuggles. The onces below auoDlled by a lo- Heifers cal grocer are indicative of the daili I Dressed veal market prices paid to growers by Sa- HOPS tern Duyers Due arc not guarameeo oy t Buying rriceij 6.50 to 8.00 J7 .40 1.00 1.75 .45 1.50 -2. Seeded 1942 contract Seedless Is WOOL. AND HOBAUt Wool Lambs Mohair U5 .42 .40 33 .45 1 015 2.00 .45 2.75 .75 .40 Onion, 50 lbs. Onion, green oPtatoes, 10 Olbs., No. 1 new Potatoes, No. 2, 50 lb. bag Radishes, doz . GRAIN, BAT AND SEEDS (Bnytng Prices) Oats. No. I, 30.00 31.00 to 32.00 12.00 Alfalfa hay. ton 14.00 to 16.00 Dairy feed, 80-lb. bag Hen scratch feed Cracked corn Wheat BUTTER PRINTS: (Buying Prices) . A B Quarters SO to 1.75 2.25 2.30 1.00 Stocks and Bonds December 30 Con piled by The Associated Press STOCK AVERAGES - 30 15 15 60 Indus Railfl Util Stks Net chance Al 9 A .9 A1.0 A1.4 Tuesday 54 .14.6 25.9 37.2 Previous day 52.4 13.7 24.9 35.8 Month aeo 56.7 15.9 28.8 39.4 Year ago - 62.0 ie.1 34. J.n 1941 high 63.9 19.0 35.5 45.0 1941 low 51.7 13.4 24.5 35.4 eEEOU IT'S IDA A6IN V S3T f BUT VOL) SAID A I u&x Btufe,C sw plirtin' with ) "fifOfiR tl"V. V week Aeo, rr X but An. rr . I ASH. WHAT'S ) OTHfeR EJOVS -JfffS Zt f LOOKED LIKE ( PROVED TO BS "0rS MICKEY MOUSE Everything Happens to Mickey! By WALT DISNEY r Credit Dealers 'Must Register By Month End In accordance with the provi . slons of regulation W, pertaining to tonsumer credit, many dealers , and lenders engaged in extending installment credit have filed reg istration statements with the federal reserve bank of San Francisco. The number of statements re ceived to date makes it apparent, however, that numerous concerns which are required to register by December 31, if they plan to continue to extend installment credit, have thus far overlooked filing the statement It Is urged that any dealer who sells listed consumers' durable goods on the installment plan and any cash lender who extends installment credit in amounts of $1500 or less, file the necessary registration statement at ' once, unlese that has already been done. Necessary forms and instruc ' tions for registering can be ob- tained from the . federal reserve "bank, San Francisco, or any of its branches," located in Los An geles, Portland, Salt Lake City ; and Seattle. If , any ' concern is in t doubt as to whether it should I register, it should communicate at ; once with the, nearest office of the1 federal reserve bank., f.wj Extra large white -Extra large brown Medium EGGS AND POULTRY (Buying Prices of Andresen's) (Subject to Change Without Notice) BUTTERFAT Premium .41 No. 1 .40 No. 2 ; .33 - M M J8 J7 J7 J3 .05 (Buying Prices or Marian Creamery) (Subject to Change Without Notice) BUTTERFAT rPemium .41 No. 1 .40 No. 2 .38 EGGS Large A Large B BOND AVERAGES 20 IS 10 a)oi1 InHii ITtil S!' Net change A1.3 Unch A .1 -38',. Tiiccrfav W) a m q n 7 40 'sC Previous, day 593 102H 99.6 Montn aeo 62.S 104.8 101 .5 Year ago 61.4 105.3 100.1 1941 high 66.5 105.4 102 1941 low 58.3 102- 98.9 10 Fran A -I 41 41.0 I 45.7 38.2 51.4 38.0 Standard Pullets Colored hens Colored frys White Leghorn Old roosters Medium A . Medium B Pullets .33 30 JS0 27 .17 .18 AT- J7 J 15 J2 AS Checks Colored hens . Colored fryer Leghorn fryers Leghorn hens Stags Old roosters No S poultry M less. LIVESTOCK (Buying price for No. 1 stock, based on conditions and sales reported up to p.m. i Top lambs 11.00 , ewes 4.w to s.oo Hon. ton 160-225 lbs. 12.00 Sows 9.50 to 10..00 Growers Note Lack of Slugs MARQUAM Growers in this section report that land on which flax grew last summer and which was planted into crimson clover this autumn has been unmolested l by field slugs," which have com pletely cleaned off so many fields of both clover- and vetch this au tumn. The fact tnat the land was cleaned from all vegetation at the end of the season may have been the cause, farmers report. LITTLE ANNIE ROONEY The Formula for Success. By lUlANDON WALSH Veal, top Dairy type cows Beef cows . Bulls 1200 to 12.50 6.00 to 7.00 7.00 to S.OO . SjOO to 9.00 -Call 4986 - Shryclcr Truck & Transfer Co. Dr.T.TXam. NJ. Dr.G.Cha , HJt. v. DR. CHAN LAB! Cklnese Me-iciae Ca. 241 North Ufcerty . Upirtalrs PortlaM Geaeral Elee. Ca. Offict opea Taesday sad Satarday only ! t. bum 1 1. : lull.' Consnltatioa, Bloo4 - pressure b4 rins tests are free of cargsb -IS Tears im Business Leon's Thrifl Sales! Coslume Slips Panne or French Crepe with rip-proof seams. ':V r' NOW $.9 234 N. Liberty POT5Att RW5 AttASCDCOAS PENSAN PEWCIL5 A NEEDLE fS A5 GOOD AS A i U AN MR CXJVfJ? XU'OvfJZAiJJi nrr MAkZWAHOeoCatMAGMOOt J kPoTMAxr you ak Axurrjmz. ww C0UMT5', --, . ' L I t-r7e ka.sskteasV-M I v Bl taa SP- 1 a -. a-, m -- X I - - - - WW 1 V-xN-KJHiFc Ahf ?OM.FlcC5 DrvJOOVyULl COulu 1 I I OUVEX? 5AVi VO?y WOCKER THAT I II IMAKE SUCH A BEAUTIfUL B(UW' H04E6T T)?IE:5-TDDOACOOD706tSAM ) VOUMUSTBEAMARTWr J I ARTWT, AtttTVOtTMAKe AW M I I J cv I 7"- - i ' in rr-A, t THIMBLE THX-AT-l&tarrlng Popeye "A Drop in Che Bucket." ' - - ' (UJEU.OTTOOBADTUOU Si X r-x fp rloi V HAH.' AUJHOLE fSA BETTER. HUKW AKl'TI I CHO-E TH "TTSAPPTK-Ci PEC-MEVJ ' 1 THEV AlKJT WO MCRECAMT OKl ) 7 ) J)( ? jTr, MES A 1) T JOKJ ME LU8. 60 SIA UWTH tUH)CH 1 -SHALL IKimAniTV pttABOtXSVF- ME 5PW- JfW3 l Kl HELP ME GET kbj HHIF- IKnQM3Ug, ' '- l ' c -. - - ' ' ...4 ' '- . . -C' ' -'? r":'';;r :;; ""' : i - i I.M.,, 1 XbtL' i