Markets
jcinan'ci-ai
PAGE EIGHT
Dm OBEGOH STAIESIUK SAIEM. OritfMi. Ww-wtdor Mor-to Jcmual- ?7. 1942
Far:
Go
Packers Hear
OPA Official
Price Raise Warning
Given; Preference
Foods Are Listed
The nation' fruit and vegetable
canners were I warned that the of
fice of price administration saw
no occasion fpr a rise in prices on
existing stocks and that any "un
warranted increase" would bring
a ceiling, according to The Asso-
"Strictly Private"
By Quinn Hall
dated Press.
Harold B.
rector of the
Rowe, assistant di-
OPA price division,
told the National Canners associa
tion that expenses of canning the
1941 crop already had been In
curred, but that costs in putting
up this years pack would "be
taken into consideration in any
ceiling we might impose."
"A few you may be holding-back
supplies in anticipation
f . higher prices for the new
pack," he said. -This may be
natural enough under "business
as usual' but it is not at all in
accord with what the public
has a rif htj to expect in times
such as these."
He also cautioned the canners
that any prjice ceiling imposed
"probably would cut across any
future contracts you may have
made to the jtrade at higher prices
and such contracts will be invalid
except at or below the ceiling
price."
John L. paxter, chief of the
canned foods section of the war
production board, told the can
ners that the government may
ask the induptry to divert from 14
to 44 per cefit of its 1942 produc
tion to military and lend-lease
uses.
He said the WPB was prepar
ing a "genej-al preference order"
tentatively isting these amounts
of canned goods to be withheld
from sale in regular channels:
Apples, heavy pack, 32 per
cent; cherries, red sour pitted,
27; cherries, sweet, light, dark,
unpitted, j25; peaches, cling,
freestone halves, sliced, 23;
pears, bartlett halves, 26; pine
apples, sliced, crushed, 25; fruit
cocktail, 16;
Asparagus all green culturally
bleached, 44; lima beans, fresh,
22; beans, siringless, cut, green or
waxed, rouhd or flat, 21; peas,
Alaska 3-4 sieve, sweets 3 and
larger or mgraded, 38; corn,
cream style whole kernel, yellow
or white, 18; tomatoes, 30 and to
mato juice, 14.
Grain Market
Trenii Shifts
i
CHICAGp, Jan. 27-;P)-Grain
futures rose sharply Tuesday to
the best levels in five years for
wheat and rye before profit tak
ing and hedging sales reversed the
trend.
At the close gains of more than
a cent in wheat were converted
into losses ranging up to cent
on the deferred contract and all
Other comriodities finished lower
with the s: ngle exception of soy
beans. . .
: A sharp rally in the closing
minutes pished the priceEof soy
beans as much as 1 cents above
the previous close. Earlier losses
had ranged to as much as 2
cents. 'I
Stocks and Bonds
. Compiled
STOCK
January 27
by The Associated Press
AVERAGES
dakr
54.3 1T.3
54.3 14.8
61.4 17.2
63.9 19.0
51.7 13.4
Net change
Month ago
V r man
1941-42 high!
- liMi-42 low
BOND AVERAGES
20
Rails
Net change D 2
Tuesday 64.3
Previous day . 64 5
Month ago . 60.6
Year ago 64.2
1941-42 high 66.5
141-42 low 58.3
30 13 13 60
A Jl Unch A .1 A .1
... 54.5 17 3 26.2
26.1
38.1
38.0
25.9 37.2
35.1 43.6
35.9
24.5
45.0
35.4
- 10 '10 10
Indus Uti Frgn
uncn A i
103.3 100.5
103.3 100.4
99.7
102.9
104 9 101.0
105.4 102.2
102.6 98.9
A .1
44.0
43.9
41J
40.9
51.4
38.0
'
r.s.
9
DEAR, MO-
GLO0KS AftRNSXJWT OF OUR RAM
1 BIMI I I V t 1.4. . ... .
PCCM Owi rU WKT UUI Hd WikJWfitVi
A UJW GWS HERE AISEAD rWE Nm
PS-VOJ knou,
OM I.O.U..
AP Tmbtrm
Closing Quotations
NE WYORK, Jan.
Air Reduction 35
Alaska Juneau 2Y
Al Chem & Dye..l40
Allis Chalmers.. 29
American Can 64
Am Cr & Fdy.... 31
Am Rd & Std stn 4
Am Roll Mills.... 11
Am Smelt & Ref 42
Am Tel & Tel....l28
Am Tobacco B.. 50 Ya
Amer Wat Wks.. 3
Am Zinc L & S 5
Anaconda 28
Armour Illinois.. 3
Atchison 34
Aviation Corp 3
Baldwin Loco .... 13
Bendix Aviation 37
Beth Steel 64 Y
Boeing Airplane 177s
Borden 20
Borg Warner 22
Calif Pacw 19
Calumet Hec .. 6
Canada Dry 11
Canadian Pacific 4
Caterpillar Tract 39
Celanese 20
Chesa & Ohio .... 36
Chrysler 47
Col Gas & Elect 61
Coml Solvent .... 9
Consolid- Aircrft 18
Consolid Edison- 13
Consolid Oil ...... 5
Continental Can 26
Corn Products.... 53
Crown Zellerbch 11'
Curtiss Wright 8
IT-iJPj-Today's closing quotations:
Pouglas Aircraft 65 J C Penney
Du Pont De N..128 Penn R R
Eastman Kodak.,132 Phelps Dodge
Elec Pow & Lt... 1 Phillips Petrol '
General Electric 28 Proct & Gamlbe
36 Pub Serv NJ ..
32 Pullman
14
12
25
Greyhound 12 Richfield Oil
Illinois CentraU 7 Safeway Stores..
Insp. Copper . 11 Sears Roebuck ..
Intnl Harvester.. 50 Shell Union
Int Nickel 27 Socony Vacuum
Int Pa & Pip Pfd 58 Sou Cal Edison..
Int Tel & Tel.... 2
Kennecott 35
Libbey-O-Ford.. 23
General Foods
General Motors.
Goodrich
Goodyear
Great Northern.
Radio :
Rayonier Pfd
Republic SteeL:..
Sou Pacific ..
Sperry Corp
Stand Brands
Lockheed 21 Stand Oil Calif..
Lowe's 40
Long-Bell A .... 4
Montgom Ward.. 28
Nash Kelvinator 4
Stand Oil Indian
Stand Oil NJ ....
Stone & Webster
Studebaker j
Nat'l Biscuit 15 Sunshine Mining
Nat Dairy Prod.. 13 Texas Corp .....
Nat Distillers .... 22 Union Carbide...;
Natl Lead 14 Union Oil Calif
N. York Central 9 Union Pacific......
13
Nbrth Am Av....
North Am Co ....
Northern Pacific
Ohio Oil 8
Otis Steel 5
United Airlines..
9 United Aircraft
6 United Drug ......
United Foods ....
U S Rubber
Pac Am Fish.... 8 US Rubber Pfd..
Pac Gas & Elect 19 U S Steel -
Pac Tel & Tel .... 96 Vanadium
Packard 2 Warner Pict
Pan Am Airwys 11 Y Western Union.
Paramount Pict. 14 Westghse Elect;
67
23
3iy4
40
48
14
25
3
25
17
BY
42 Ya
53
14
8
19
13
29
4
21
26
42 Y
5
4
5
38
66
13
74
11
32
66
16
69
54
19
5
25
78
Salem Market Quotations
The prices below cuDDlied by a lo
cal grocer are indicative of the daily
mantel prices paia 10 growers oy sa-
lem Duyers Dut are not Kuaranteed by
The Statesman:
VEGETABLES
Cabbage
Carrots, orange box
cauliflower, crate
Celery, green .
uarlic, lb.
Hubbard squash
Onions, 50 lbs.
Onion, green
Parsnips, . orange box .
potatoes. 10 lbs.. No. l new
4.00
1.75
1.50
2.75
J8
.03
2.50
.50
1.75
3.00
1.00
Potatoes, No. 2, 50 lb. bag -
Radishes, doz .60
Rutabagas, orange box j 1.75
Tomatoes, fancy hot house, lb. .18
uKAUl, HAl AND SEEDS
(Baying Prices)
Oats, No. l 30.00
Feed barley, ton 1
Clover hay, ton
Aiiaua hay, ton
Dairy feed, 80-lb. bag
Hen scratch feed
Cracked corn
Wheat
31.00 to 32.00
12.00
14.00 to 16.00
1.75
. 2 25
2.30
. JO to 1.00
EGGS AND POULTHT
(Buying Prices of Aadresen's)
(Subject to Change without Notice)
BUTTERFAT
Premium ' .42 'i,
No. 1 .41
No. 2 jg
BUTTER PRINTS
(Buying Prices)
A
B
.41
.40
4 .42
.28
M
M
J6
. .1
.16
J
Jt
, , ,. J3
DS
(naying Prices or Martos Creamery)
tauDjecr to wnange witnout Notice
Quarters
Extra large white
Extra large brown
Medium -Standard
Pullets
Cracks
Colored hens
Colored frys
White Leghorn
uia rooster
BUTTERFAT
Premium
No. 1 ..
No. 2
EGGS
Large A
Large B
Medium A
Medium B
Pullets
Checks and under grades
coiorea nens
Colored fryers
Leghorn fryers
Leghorn hens
Stan
Old roosters
.42
.41
JIB
.28
8
-24
.14
.16
J7
J7
J6
J5
J2
X5
No 2 poultry J5 less.
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
Top lambs 11 JSO
Ewes 4.00 to 5.00
Hogs, top. 160-225 lbs. 125
ii ii. tO 1U..UU
Veal, top L is m
Dairy type cows
Beef cows
Bulls
Heifers
Dressed veal
HOPS
(Baying Prices)
Seeded
1941 crop
6.00 to 7.00
7.50 to 8.50
8.00 to 9.50
6.50 to 8.00
U8
1942 contract ,
WOOL AND MOllAlK
WOOI ;
Lambs
33
-34
.40
23
Son's Arrival Told '
MARION Mr. and Mrs. Glenn
Cole are announcing the arrival of
a. son, teven r ranklin. born re
cently at the Salem General hos
piteL Mrs. Cole will be remem
bered as Frankie Lane, the inter.
mediate teacher here last jyear.
-jr.
1
lit
Hay Francis, Don Ameche and Rosalind Knssell from the weD known trlanrle In Teminlne Touch."
now showing- at the SUte theatre, Co-featored with -Feminine Touch" is -Mr. and Mrs. Smith" with
JCarole Lombard and Robert Montfomexy.
Stock
Market
Is Irregular
t NEW YORK, Jan.
stock market did all right for a
while Tuesday but lack of any
real follow-through on Monday's
rally eventually made for irregu
larity in trends.
The Associated Press! average of
0 stocks was up .1 of a point at
38.1. Dealings quickened in the
morning but dwindled appreciably
on the home stretch. Transfers
totaled 549,610 shares against 598,
600 the day before.
Clinging to modest improve
ment were Union Pacific, Stand
ard OU (NJ), Texas Co, Ameri
can Telephone, Sears Roebuck, J.
L Case, Allied Chemical and
American Smelting. Devoe & Rey
nold! and' Loew'f recorded new
1941-42 highi. - i
" In arrears were Santa Fe,
Southern Pacific, General Motors,
Chrysler, US Rubber, Douglas
Aircraft, Westinchouse. Du Pont
American Can and Anaconda. The
strong sugars and tobaccos of
Monday did virtually nothing."
Air Express Increases
Gross revenue from 'air express
traffic flown over the" nation's
major airlines was up 23.6 pea.
cent for November, 1941, com
pared with same month a year
ago, the air . express division of
railway express agency reported
Tuesday. ,:
Total poundage handled during
the month was 931,831 pounds,
an increase of 17 per cent over
November, 1940, while number of
shipments totaled 110,568, an in
crease of 13.5 per cent over the
same month last year the report
said.
Quotations at Portland
Produce Exchange
PORTLAND, Ore- Jan. XT AP)
Butter prints: A grade 41c in parch
ment wrappers, 42c in cartons; B
Sade 40c in parchment wrappers, 41c
carton.
Butterfat first quality, maximum
.4 of 1 per cent acidity, delivered Port
land,! 40',i41c lb.; premium quality
(maximum of 35 of 1-per cent acidity).
41I,-42c lb valley routes and country
points 2c less or 39c; second quality
2 cents under first or 38'i39c.
Eggs Prices to producers: A large
29c; B large 28c; A medium. 27c; med
B 26c. Resale to retailers 4c higher for
cases, cartons 5c higher.
Cheese Selling price to Portland re
tailers: Tillamook triplet. 28c lb.; loaf
29e lb. Triplets to wholesalers 28ViC
lb; loaf 27,e lb. f. o. b. Tillamook.
Portland Livestock
PORTLAND. Ore.. Jan. 2 AP)
(USDA) Hogs: Salable 500, total 1000.
Barrows ana
lbs.
Gd.-Ch. 140-1
do' 160-180 lbs.
doe 180-200 lbs.
do 200-220 lbs.
do 220-240 lbs.
do 240-270 lbs.
do 270-300 lbs.
im 6 u.oo
11.75 12.35
1Z.Z3B1Z.-
12.00 12.35
11.75 12.00
11 11.75
11.10(511.50
Feeder pigs, gd-ch. 70-120- 10.80 11.00
muiom ana iota. iuu.
Cattle
250. .
Steers, gd. 900-1100 lbs.
do med, 600.900 lbs.
da com. 750-1100 lbs.
Heifers;
. da med, 600-900 lbs.
- do com, 600-900 lbs.
Cows, good, all wta.
. do med. all wta.
do cut-corn, all wts. 8.25
do canners, all wts
12.00(
9.50
8.50 1
9.504
7.60 i
Bulls (yearlings excluded).
beef, good all wts. 9.75
da sausage, good, all wta. 9.50
do saus, med. all wts. 8.23
do cut-corn, all wts. 6.50
Vealcrs, gd-eh. all wts. 13.50
do com-med all wta. 9.50
do cui. all wts. 7.50
Calves, gd-ch, 400 lbs. dn 11.00
ail wts.
8.00 4
6.60
do cull 40 lbs. dn.
Sheep, salable and total SO.
Ewea (shorn gd-ch .,, , . 5.250 6.00
d4, com-medT . 3.00 $JU
Lambs
gd-ch , 11.50
do med-gd 10.50 i
) 12.10
:iltS
do common . 8.50 10.25
Portland Grain
PORTLAND, Ore.. Jan. 27 (AP)
Wheat Open High Low Close
May 1.07 1.07 1.07 1.07
Cash grain: Oats No. 2 38-lb. white,
40.50. Barley. Net 2. 45-lb. BW. 35.00.
Corn unquoted. No. 1 flax, 2.194.
Cash wheat (bid): Soft white. 1X5:
soft white excluding Rex. 1.06; white
ciuD, i.uo; western rea. l.txt;..
Hard red winter: Ordinary 1.044;
10 per cent, 1.06',; 11 per cent, 1.14',.;
u per cent, l.iB1,..
Hard white Baart: Ordinary, 1.15; 10
per cent, 1.19.; 11 per cent, 15; 12
per cent, 19',..
Today's car receipts: Wheat. 40: bar.
ley, 2; flour, S; corn, 4; hay, 6; miil-
ieeo x.
Portland Produce
PORTLAND, Ore Jan. 27 (AP)
Country meats Selling price to retaU
ers: Country killed hogs, best butchers.
120.1-11 1K1L. 1K, i . . ,Q?
vealers. fancy 21-21 'ic; heavy. 1518c
IK . l.w ieit AA. . . .
v w a w -uc; looa
cutter cows.l4l5c: canner cows, 13
ltc: bulls. is.ir m
Dressed turkeys SeXUnc nrtee! R
2?; toms. 2S-29C lb. Buyinc prices:
., i v iu. ami, o c u.
Llyt poultry-Buying prices: Na 1
grade Leghorn broilers, under 11. Jbi
18c: over IKh lbs, 18c: fryers 2j,-4
Ibs 20c; roasters, over 4 lb.. 20c;
colored, hens, 20c; Leghorns, under 3',
jbsb17c; over ai lbg. i9c; old roosters,
c.S'kuls'-.oc Country kille1-
! Onions Oregon 2.50-3.00 per BO-lb.
sack: Yakima. 2 25.
Potatoes White locals. 2.50 cen
tal; Deschutes Gems, 2.90-3.00 cental:
Klamath rails, 2J3-3.00. Yakima No. i
fems, 2J0 cental; Idaho- Gems, 2.85
JB. New Calif, white." $lJi per 28
lb. bag Florida red, 135-3J5 per 50-lb.
bag;
Hay Selling price on tracks -.Alfalfa
No. 1 21.00; oat-vetch. 14 ton; Willam
ette valley clover. $12. ton; tim
othy, eastern Oregon.-821 JS0 ton. -
Mohair 1941. U-month. 45c lb.
Nuts Price to wholesaler: ruberta:
Barcelona. Jumbo 21c, large I8.c. fancy
174e. baby 16 lie !b.; Duchilly, Jumbo
30c. large 19c fancy Sc lb.
i W a 1 n ut a Prices to wholesalers
first grade rranquette. Jumbo. - 22a
large 20c; medium 18cu baby I5.c;
soft shell. Jumbo .none: large 19c:
medium 17c; baby l4.o lb. Mayette,
nimhd nnn. ! 9 . nv.
. .W KVUUU
grade rranquette, . large 18c: medium
v, i ; -v uiui, mrse lie,
,l llll 1. W W J
WWM1U 'W, IWUJ W W.
i WmI lui r .
l "r- uinvva uncn nom
inal 32 -33c lb.; crossbred. 34-37c ' lb.
1 Domestio - flour Selling price, city
delivery, 1 to 22 bbL lots: family pat
tents. 49c. 7J3-7; 98c. l0-7!7 bbl.;
bakers hard wheat net. 5.75-6.50:
blended hard wheat 8.85-6:30; soft
Wheat 8.50: bluestem 6 00-6.50.
Hops 1941, 40c: 1942 contracts, 33c.
! Cascara bark 1940 peel. 10c lb, 1941
10c lb.
Farm Storage
Surveyj Asked
Protection of Nation's
Wheat Supply Urged
By Polk Of ficial
DAILAS--Farmers can protect
the nation's wheat supply against
possible sabotage and at the same
time make sure of a place to put
the 1942 crop J by planning bow
for additional farm storage space,
R. D. Bence, chairman of : the Polk
cojtrnty AAA commmittee, nas
n informed,' . ' . . .
The department of agriculture
is advocating increased farm stor
age of wheat and other grains as
an , effective barrier against any
attempts by enemy agents to de
stroy the nation's wheat supply.
Wheat concentrated in larfe
warehouses and elevators at cen
tralized locations make ideal tar
gets for sabotage, while wheat
stored on farms oVera wide area
will greatly hamper any program
of destruction.!. ,
Encouraged by the AAA loan
program, farmers of Polk county
last year constructed a consider
able amount of new farm storage
space, the chairman pointed out.
However, a great deal more space
will have to be provided before
harvest this year, because of
transportation limitations,, lack of
space at already overcrowded
Wool in Boston .
BOSTON. Jafl. 27 (AP) (USDA)
The Boston wool market continued
quiet. Original bag, fine territory wool
had some demand at $1.10-1.12 scoured
basis for wools of average to good
French combing length and at $1.06
1.10 scoured basis for averaae to short
French combing; length wool. Graded
one-quarter Diooa combing bright
fleece wools were receiving a little de
mand at 51-52 cents in the grease.
terminal warehouses and eleva
tors and an acute shortage, of bur
lap for sacks. U 'yKl:'-; I ' .
'- Pence advises farmers of Polk
county to consult their local ele
vator and warehouseman to de
termine whether or not he can
handle all grains promptly, and,
thenj jtake action now to obtains
materials for construction of any
needed addition storage facilities
on the farm. ! ! ' '
s
Guernsey Furcliased
A.' L. Chandler, Salem, recent
ly purchased a registered Guern
sey COW from C. W. Bureh. SaVm.
to add to his local herd.
Dimple Violet 588813 is the
name, under! which this animal if
registered with the American
Guernsey cattle club, u
'!.-, . .... I
; . I
i ' .' , k
The money you need isi
crrci-lcible to you here!
and bow. Inquire today
at our conTenlent adi
areas about out person-;
al loan service I
Tot money la a harry see;
I ' ' '
Stale Finance CoJ
; : i
144 8tats Phone S261
Lie. S-21S M-22S f
THE LONE RANGER
A Disrupted Melee.
By FRAN STRIKER
POY AND HER PALS J " " Somethincj New From Something Old! j T" By CUFF STERRET
lTTF7 V SOSHEC4BR.EO W
V.T'NemB'fe ) , , ( BW. jksan "ft some y her &u-)r"SZ ( her sraiomotheh's 1 " C?i
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MICKEY MOPSE TTi. lody V!
rcvKmraWirASDlfell V veh nrs wwr I he. roesEWOiig: If m rxnd eb.' 11 f she's 1 TS CS3
KrMEr0R?DOllQOKUKeA IM LAUGH tG AT THAT POSY SeSjQrY WTUKC V GCS -HAPPY HMHA
THIMBLE ThaTIE- Popeye 1 Rornonttc Interludel" ' .
'THE EktrSKMEKTT&) J lTHE BEST WtH TO) J j ZxJL I ' '" "I f tle rmc t. '''i r j " , '
twA the yf ej m -Z4&ss ?c "j v I ' ?h&