Financial
Markets
Comics
9
PAGE TEN
Tli OREGON STATESMAN. SALEM, Oregon, Sunday Morning. January 18. 1942
Farm
Stock Market
Action Slowed
High Priced Group
Suffers as Trading
Slows to Walk
NEW YORK, Jan. 17-()-The
rtock market Saturday finished a
generally irregular week suffer
ing mainly from "blue chip" sick
ness. While the majority of declines
were in negligible fractions, some
of the high-priced group fell 1 to
B points. Chemicals were princi
pally affected. Rails did tairly
weH and extreme declines, in most
Instances, were reduced at the
close.
Pressure never was pronounced
in any section of the list. The
ticker tape crawled the greater
part of the time and transfers of
221,710 shares were the smallest
for a brief session since October
4, last. They compared with 293,
030 a week ago.
The Associated Press average of
60 stocks was off .2 of a point at
37.7 but on the week showed a
sain nf 1 Tt was a rpstrirtpH
, market throughout. There wer
only 552 individual issues traded.
Of these 217 were down, 137 up
and 188 unchanged.
' Rails were aided by forecasts
higher passenger and freight rates
would soon be granted. Steels,
oils, rubbers, mail orders, air
crafts and coppers held to an ex-
'tremely slim groove.
Du Pont, a soft spot Friday,
dropped more than 2 points at the
worst and recorded a new 1941
42 bottom. It eventually Jialved
the setback. Eastman Kodak was
down ZVa, Dow Chemical lk and
Union Carbide 1.
Ending slightly 'ahead were
Santa Fe, NY Central, Southern
Pacific, Great Northern, Good
rich, Phelps Dodge and Air Reduction.
Farmers Check
Crop Outlook
WALDO HILLS Local farm
ers report they plan as much as
possible to follow the advice be
ing given out by W. G. Nibler,
acting county agent, in combat
ing shortage of labor with early
planting. .
A number of crops will have
to be reseeded, particularly in the
lower lands. Several acres of
crimson clover and vetch are
among the crops which will need
reseeding, farmers report. Slug
damage is largely the cause, it
Is said.
While pasture lands are look
ing severely injured as they
come out of the frost, they are
not expected to be permanently
injured, farmers say. More and
more land is being sown into
pastures in order to manage with
the little labor available.
Recent frosts have injured the
early growth of pasture and hea
vy feeding of hay has been found
necessary, particularly in cases
of cattle and sheep.
Farmers are reporting that
lambs are beginning to arrive and
that in spite of the cold weather,
they seem unusually large and
healthy.
"Strictly Private"
By Quinn Hall
TJ. &.-A&MY
CAMPMDC
DEAR MOM'.-
NT 1 AT A CMCE usr WIGKr"' BUT 1
LWLb MUUH 6Y IHb 1 1Mb IHb AVJfc.
3TKERBUGS GET PICKING OUT THE
GOOD LOOKERS THERE AWT MTU LEFT
1 V
cm,
1
Y&UR SOW
RS..THEBES
AMV DMSES AVONS
AP FfiturM
4
Closing Quotations
NEW YORK, Jan. 17-(,)-Today's closing quotations:
Air Reduction ....35'
Alaska Juneau 2
Allis Chalmers ....29
American Can ... 64
Am Car & Fdy 31
Am Rd & Std Stn 4
Am Roll Mills ....11
Am Smelt & Rf 41
Am Tel & Tel .126
Amer Tobacco B 48
Am Water Wks . 2
Am Zinc L & S . 5
Anaconda 27
Armour Illinois ....3
Atchison :..30
A via Corp 3
Bendix Aviation 37
Beth Steel 63
Boeing Airplane 18
Borden 20
Borg Warner 22
Callahan Z & L 1
Calumet Hec 6
Canadian Pac 4
Celanese 20
Chesa & Ohio ... 36
Chrysler 47
Col Gas & Kec ..1
Consol Aircraft ..19
Consolid Edison ..13
Consolid Oil 6
Continental Can 26
Corn Products ....53
Du Pont De N 129
Eastman Kodak 131
FJec Pow & Lt ..1
Gen Electric 28
Gen Foods 38
Gen Motors 32
Goodyear 12
Great North 23
Illinois Central ....37
Insp Copper 11
Inter Harvester 48
Internat Nickel ..27
Inter Tel & Tel ..2
Johns Manville ..59
Kennecott ....36
Lockheed 22
Lowe's 38
Long-Bell A 3
Monty Ward 28
Nash Kelv 4
Nat Biscuit 15
Nat Dairy Prod ..14
Nat Distillers 21
NY Central 9
N American Av ..13
Pan Amer Air ....16
Phelps Dodge 31
Phillips Pet 40
Proc & Gam 50
Pub Serv NJ ..14
Pullman .24
Radio 2
Rayonier 10
Rayonierj Pfd 25
Republic-Steel 17
Sears Roebuck .53
Shell Union 13
Socony Vacuum ..7
Sou Cal Edison ..20
South Pacific ....12
Sperry Corp 29
Stand Brands 5
Stand Oil Calif ..20
Stan Oil Indiana 25
Stan Oil NJ 40
Stone & Webster 5
Studebaker 4
Sunshine Mining ..5
Texas Corp 37
Union Carbide 69
Union Pacific 71
United Airlines -10
United Drug 6
US Rubber 16
US Steel 53
Vanadium 19
Warner Pic 5
Western Union 25
Westing Elec 79
Woolworth 27
Quotations at Portland
Produce Exchange
In Serious Condition
LIBERTY Mr. and Mrs. J. W.
Crawford, parents of Mrs.
Charles Ruggles, are seriously ill
in a Salem hospital. Both have
pneumonia which followed in
fluenza. Oxygen tents and sev
eral special nurses are being
used.
Ever Try
This One?
If you will secretly moisten
either end of a cinret hofnr
lighting it, you can bend it
practically double without
breaking it, once it's lit
ThatV a trick just as it' a
trick to diagnose automobile
ailments. Whenever : anythinr
on a car goes wrong, our ex-
pen repair work brings "mag
ic results. Because we know
What to do Without ffuessinff.
our prices are usually much
lower. ;' ' .
Olio J. Wilson
40 Tears of
Automotive Service
388 N. Commercial
PORTLAND, Ore., Jan. 17 (AP)
Butter prints: A grade 40ic in parch
ment wrappers. 41',ic in cartons; B
grade 39ic in parchment wrappers.
40' jc in carton.
Butterfat First quality, maximum
.8 of 1 per cent acidity, delivered Port
land, 40-40',ic lb.; premium quality
(maximum of 35 of 1 per cent acidity).
41-41l,ac lb., valley routes and country
points zc less or 3',aC; second quality
2 cents under first or 384c.
Eggs Prices to producers: A large
32c; B large, 31c; medium A, 30c:
medium B, 30c; B, small. 24c; A. small
26c. Resale to retailers 4c higher for
cases, cartons 5c higher.
Cheese Selling once to Portland re
tailers: Tillamook triplets 28'2c lb.; loaf
29ic lb. Triplets to wholesalers 28',ic
lb; loaf 27,ic lb. f. o. b. Tillamook.
Portland Livestock
PORTLAND. Ore.. Jan. 17 (AP)
(USDA) Hogs: For week, salable 3865.
Barrows and gilts
Gd.-ch, 140-160 lbs. '11.0011.75
do 160-180 lbs.
do 180-200 lbs.
11 .50 ti 12.00
11 85 W 12.00
11.75 & 12.00
11.3511.75
11.10 11.50
do 200-220 lbs.
do 220-240 lbs.
do 240-270 lbs
do 270-300 lbs 10.85 11.25
Feeder pigs, gd-ch. 70-120 ... 11.25 12.25
Cattle: For week, salable 3865.
Steers, gd. 900-1100 lbs. 11.75 12.75
do med, 750-1100 lbs 10.50 11.75
do common, 750-1100 lbs. 8.50 10.50
Heifers.
750-900 lbs
do med, 500-900 lbs.
do com, 500-900 lbs.
Cows, good-, all wts.
do med, all wts
do cut-corn, all wts
do canners, all wts
Bulls (yearlings excluded).
beef, good all wts.
do sausage, good, all wts
do saus, med. all wts.
do cut-corn. aU wts .
Vealers, gd-ch. all wts.
do com-med, aU wts.
do cull, all wts.
Calves, gd-ch, 400 lbs. dn.
all wts
do cull 40 lbs. dn.
Sheep: For week, salable
Ewes (shorn) gd-ch
do. com-med
Lambs
gd-ch
do med-gd.
do common
11.00 1311.25
9.50$11.00
8.00 9.50
8.75 9.25
7.50 8.75
6.75 7.50
5.50 6.75
9.50 910.00
9.25 & 9.75
8.250 9.00
6.50 8.25
13.00 14.00
9.00 fi 13 00
7.00 9 00
10.50 12.50
7.50 8 10.50
6.00 7.50
1315.
5.25 5.90
3.00 9.25
11.750 12.25
10.75 11.50
8.50 10.50
Hop Contracts
Recorded Here
Contracts for purchase of 85,
000 pounds of 194? mid-valley
hops at 34 cents a pound were
filed this week by S. S. Steiner,
Inc., with County Recorder Her
man Lanke.
From Adam Orey and William
S. Walton, the Steiner firm has
contracted to buy 40,000 pounds
of late and early clusters pro
duced in the Adam Orey yard ap
proximately 10 Rules north of Sa
lem in Mission Bottom.
Twenty thousand pounds of
fuggles are to come from the Al
bany hopyard, nine miles north
west of Albany and two miles
north of Denver, and the Inde
pendence hopyard , on Sidney
road. The purchase " represents
the 16 rental to be collected by
V. MyDeCoster,
' Harvey Kaser of route three,
Salem, is selling 15,000 pounds of
late clusters; Clifford F. Orey and
Leo Spitzbart are selling 10,000
pounds of fuggles from the Day
farm on the Mission Bottom road.
Portland Grain
PORTLAND, Ore.. Jan. 17 (AP)
Wheat Open High Low Close
May yl.04 1.04 1.04 1.04
Cash grain: Oats, No. 2 38-lb. white,
39.50. Barley, No. 2 45-lb. BW,' 34.00.
Corn, No. 2 EY shipment. 3655. No.
1 flax, 2.15 .
Cash wheat (bid): soft white. 1.02:
soft white excluding Rex, 1.04; white
ciuo, 1. us; western rea, 1.03V.
Hard red winter ordinary. , UD2, ;
10 per cent, 1.04'i; 11 per cent, 1.12;
12 per cent, 1.17.
Hard white-Baart ordinary, 1.13; 10
per cent. 1.17; 11 per cent. 1.23; 12 per
i.l.
Today's car receipts: Wheat, 9; bar
ley, 0: flour. 4: corn, 0; oats, 0; hay,
inuuew, 1; 1 lax seed, 1.
Portland Produce
PORTLAND, - Ore.. Jan. 17 (AP)
Country meats Selling price to retail
ers: Country killed hogs, best butchers,
129-148. 16',ic; light thin, 14.18c;
vealers, fancy, 20-21c; heavy, 15-18c lb.;
lambs 191,i20c; ewes 8 to 10c; good
cutter cowi.l4-15c; canner cows. 13
14c; bulls. 15-16C. lb.
Dressed turkeys Selling price: Hens
28c; toms, 28-29c lb. Buying prices:
Toms, 27c lb: hens, 26-27C lb.
Live poultry Buying prices: No. 1
grade Leghorn broilers, under Ilk lbs
f8c; over Hi lbs.. 18c; fryers 2,-4
lbs., 20c; roasters, over 4 lbs., 20c;
colored hens, 20c; Leghorns, under 3'4
lbs . 78c; over 3i lbs.. 19c; old roosters.
8c lb.
Onions Oregon 1.85-2.00 per 50
lb. sack; Yakima, 1.50-1.65.
Peas: California, 14c.
Peppers Local green S3 orange box;
red. 60c box: California green 12'4-13c.
Potatoes White locals. 255-2.50 cen
tal; Deschutes Gems. 2.85-3.00 cental:
Klamath Falls, 2.85-3.00. Yakima No.
1 gems, 2.85-3.00 cental; Idaho Gems.
2.85 cental.
Hay Selling price on tracks: Alfalfa
No. 1 21.00; oat-vetch. $14 ton; Willam
ette valley clover. $12. ton; tim
othy, eastern Oregon. $21.50 ton.
Mohair 1941. 12-monih. 45c lb.
Nuts Price to wholesaler: Filberts:
Barcelona. Jumbo 21c, Urge 18&c, fancy
174c. baby 16',ic !b.; Duchilly, jumbo
20c. large 19c fancy '8c lb.
W a 1 n ut Prices to wholesalers:
First grade Franquette, Jumbo. 22c;
large 20c: medium 18c; baby 15iC
soft shell, Jumbo .none; large 19c;
medium 17c; baby 14 'ic lb. Mayette,
Jumbo none; . Urge 20c lbj second
grade Franquette. large 18c: medium
17c; baby 15c lb.; soft shell, large 17c:
medium 16c; baby 14c lb.
Wool 1941 clip, Oregon ranch nom
inal 32 -33c lb.; .Tossored. 34-37c lb.
Domestic flour Selling price, city
delivery. 1 to 22 bbL lota: family pat'
tents. 49c. 7.35-7.95: 8c 710-7.70 bbl.;
bakers hard wheat net. 5.75-ejO;
1 wheat 5.50: blues tern 6 00-6.50.
mops 1941. oc; 1942 contracts, 33c.
, Cascara bark 1940 peel. 10c lb.; 1941
10c Id.
Stocks and Bonds
January 17
-jn?u?d,Jby.Th Associated Press ,
STOCK AVERAGES
xt W 15 60
Net change Dt4 Unch Unch D Jt
Saturday 64.1 16.1 28.5 37.7
Previous day 54 5 16.3 26.5 37 J
Month ago 62.6 13.7 253 36 0
Year ago . . 613 IT J 35 J. 43 J
J&J-H .hlh 33J 45.0
1941-43 krw 641 .S ; 40.L 52J
BOND ArtKifiM '
V 20
' Rails
Net change Tjnch
Saturday , 63.5
Previous day 63J
Month, am . so a
Year ago 63.4
1941-43 high 66.5
1941-42 low 534
10
Indus
Unch
103.0
103.0
103.1
104.0
105.4
102.6
10
Util
A
100.S
100J
S9.0
101.1
102.2
084
10
Frgn
Unch
443
44J
41.0
.40.0
-01.4
30.0
WANTED
Wahra seats and : Filbert
meats. Cash en delivery. Hit-best
price.
, filORRIS KLORFEIN
PSCUBf Co.
IS9 N. front TeL 7(33
Salem Market
Quotations
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
Brussels sprouts, flat
uaDDage
Carrots, orange box
Cauliflower, crate
Celery, green
Garlic, lb.
Hubbard squash
Onions, 50 lbs.
Onion, green
Parsnips, orange box
Potatoes, 10 lbs.. No. 1 new
Potatoes. No. 2. 50 lb. bag
Kaaisnes. aoz.
GRAIN, HA1 AND SEEDS
(Buying Prices)
Oats. No. 1
Feed barley, ton
Clover hay, ton .
Alfalfa bay. ton
125
2.00
1.75
1.50
2.50
JO
.02
2.25
0
1.75
3.00
SO
0
30.00
31.00 to 32.00
12.00
Dairy feed. 80-lb. bag
Hen scratch feed
Cracked corn
Wheat
14X0 to 16.00
- 1.75
. 3.25
2.30
. JO to 1.00
EGGS AND POULTRY
(Buying Prices of Andresen's)
(Subject to Change Without Notice)
BUTTERFAT
Premium '.. - . ,-, ,. .42
No. 1 .41
No. 2 ; . J8
BUTTER PRINTS.
(Buying Prices)
A
B
Quarters
Extra large white
Extra large brown
Medium
Standard
Pullets
Colored hens
Colored frys
White Leghorn
Old roosters
.40' i
J9i
41i
.32
.32
.29
.29
J8
.18
J8
J3
JDS
(Buying Prices of Marlon Creamery)
(Subject to Change Without Notice)
BUTTERFAT
Premium ,; .42
No. 2 ; .41
No. 2 ,, 39
EGGS
Large A
Large B
Medium A .
Medium B
Pullets
Checks and under grades
uoiorea nens .
Colored fryers
Leghorn fryers
Leghorn hens
SUgs
Old roosters
32
29
J29
XI
.19
2.0
J7
J7
J6
J5
J2
No. 3 poultry X4 less.
UVESIOCS
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
4 pjn.)
Top lambs 11.50
Berry Control Boards Merge,
Form New Association
A new organizatiorv to be known as the Oregon Cane Fruits
Control board, wiU be formed from the merging of the Oregon
Loganberry and Blackberry Control boards, .berry growers of
the state decided Saturday at a meeting held in Woodbum.
Both younzberries and boyseiu
Ewes ,
Hogs, top, 160-223 lbs.
Sows
Veal, top
Dairy type cows
Beef cows ,
Bulls
Heifers .
Dressed veal
HOPS
(Buying Prices)
Seeded
1941 crop
1942 contract
4.00 to 9.00
12.00
9.50 to 10. 00
12.50
6.00 to 7.00
4.50 to 0.50
0.00 to 9.50
- 6.50 to 0.00
a
33
WOOL AND HOBAUt
Wool
Lambs
Machinery Need
Stressed by
Seed Growers
CORVALUS, Ore., Jan. 17-(JP)
Oregon seed growers appealed
for additional harvesting machin
ery and for high priority ratings
on irrigation equipment.
Resolutions adopted at the
closing session of the annual Ore
gon Seed Growers' league said
that winter cover crop acreage
alone had been increased 70 per
cent over 1940 in answer to gov
ernmental pleas for boosted pro
duction. Allocations for harvest
ing equipment, the resolutions
added, are less than in 1940.
The growers, pledging cooper
ation in the'war effort, asked that
skilled agricultural labor be de
ferred from the military draft.
All officers were reelected, in
cluding Glen Ritchie, Forest
Grove, president; Bernal Hug,
Elgin, vice-president; E. R. Jack
man, Oregon State college, secretary-treasurer.
berries will be added to the
jurisdiction of the new board,
according to present plans.
Directors of the board include
Jess Skian and J. Al Ferschweiler,
Woodbum Fruit Growers; Billy
Wood, George Smith and Joe
M 4-Fisher, representing the coopera
tive canneries; Harold Combs,
representing Multnomah, Wash
ington and Clackamas counties;
Ken Coomler and Frank Hrubetz,
independent growers of Marion
county; Harry Hugill and Ira Ray,
Hubbard Growers. ,
Board members will meet in
about 10 days to elect officers.
.40
23
Growers Study
Labor Problem
WOODBURN Jess Fikan,
member of the community de
fense labor committee, speaking
before the Woodbum Fruit
Growers Cooperative association,
stated that plans already are be
ing made to harvest the 1942
crops in this area.
It is expected that war condi
tions will result in serious labor
shortage and many persons who
do not usually work in harvest
fields will have to assist in the
berry, hay and grain fields. The
labor defense committee will
make a list of those willing to
volunteer their services.
Firms Repay
For Overtime
Restitution totaling $1023.82 has
been made to approximately five
employes of the Salem Steel &
Supply company, Salem, and
$701.78 has been made to approx
imately 45 employes of the Clack
amas Flax Growers, Canby, rep
resenting the difference between
wages and overtime pay received
and what they were entitled to
under the fair labor standards act,
it was announced Saturday by
Charles H. Elrey, branch manager
of the wage and hour division,
US department of labor.
In announcing the payment El
rey pointed out: that the Salem
Steel & Supply company and the
Clackamas Flax Growers made
restitution without the necessity
of court action.
Produce Mart Prices
PORTLAND, Jan. 17-JP)-The
demand was act've for carrots on
the East Side iarmers' wholesale
market Saturday. Sales were
made readily at 30-90 cents lug
and sacked stuff, brought $1.50.
Cabbage was a trifle weaker
with supplies better and demand
hot sol good. Most sales' were
around $1.75 crate.
The potato market was strong
at $2.00-25 for No. 1.
Parsnips brought 85-90 cents
lug and turnips generally were
around 65 cents lug.
Brussels sprouts were in mod
erate supply and active in de
mand,! mostly at $1.25-35. Kales
sold generally at 45 cents crate.
Hubbard squash moved at 2
2Y cents pound.
Virtually nothing else was of
fered. H .
Grain Market
Marks Time
CHICAGO, Jan. 17-(iP)-Graln
prices held to a narrow range
Saturday as traders marked time
pending congressional agreement
on the; price control bill.
Wheat and rye dipped about
cent while soybeans were off
as much as 1 cent but these
losses ; were wiped out and small
gains substituted in a late rally
stimulated largely by weekend
short covering.
Wheat closed unchanged to
higher - compared with Friday,
May $1.31, July $1.32.
The money you need is available to- you
here arid now, Inquire today at our con
venient address about our personal loan
service:
i For Money In a Hurry Se
State Finance Co.
344 State St. Lie S-213, M-222 Phone 9261
Ecnz:
rxir
3
THE LONE RANGER
With Their Backs to the Wall.
By FRAN STRIKER
KB-LOAD THAT YV. ( I CANT I I THE CWETBOee-BEUT 15 EMPTY I THEY'RE SLOWIN UPON THElK HUCX BS , l
sJHlJy' ' , I J V . y THAT THEY'RE ALMOST OUT OP CARTRlBSES 1
SwRREWERAN COME OUT AN
WB'U LET THE &KL UVE. KEEP PUSHTIN
AN' NONE OP YUM ttU HAVE A CHANCE
POLLY AND HER PALS
Beautiful, but not Dumb!
By CLIFF STERRET
( IHaVcktV seen BErrrv since -
7 SHE WNT INTO THE CHORUS---3
" V
AND BESIDES. SHE
GOES T& NIGHT
SCHOOL .SOU
KMQV
S 1 i s ' . , -r ,
U TO NI6HT III "TO LEARN TO NACITE ... I
J 1 SCHOOL.- ? - I I - ( PtOPLI WAVP RCCKl AkriNK 1 I
v r i ' " I
) what ' r?- "II w2 fcno urc AtrmftPAPu I
MICKEY MOUSE
A Startling Discovery!
By WALT DISNEY
J VIP, IT'S INVITE TO A. THAT S. 1 X I 1 A- CXAY. P vou dQnt rsi I A. I A
lCOME-AS-00-WtCE-WHEN ) I SOUNDS LIKE ) 7 NClJr sOU6SS "'4VNJ
INVITED- WELCOME-BACK- J-rr l -St7 STCAgER ) JytlhlW'VA ' ' ' EEEAWKJ! J Pi
UTTLE ANNIE ROONEY
The Star PupiL
By BRANDON WALSH r
-HrfCOMEOK ZePO-THEBElL.Xf Y 1 GrtiE55 I'M TOO HAPPY Mi eCOOt 1 I YOU KNOW. EVERWEE THE. J
MJTustMsraiimcH. rmVfc vcause tm gohha bc tcackek of v kid who had the best marks!
4TI0ti-HTABE-4WnJL Mr CLA55 W SCHOOL MLTW5 SyI-nc WEEK B&ORE. 15 AMOE 1
Cmt8Lrt'tMiijf WEEK lSNTrT5WLL? t--S 111 HwL "TEACHER OF THECLA&S-' V
1
'COURSE,TMERE 19 A REGULAR GROWN-UP
TEACHER WMTCWW BUT THE L1TTI P
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'5. THE CESULARTE4DVD?
ut3 Ajsr SrtAILtS -.THAT MEANS
EVEKYTWW 65 OW
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"A Perfect Bust"
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