Co
-Financial.
"Markets
ICS
Farm
PAGE EIGHT H""" ' """ " : 1 The OREGON STATESMAN, Salem. Oreqbn, Tuesday Morning, February 17; 1942 : - f ' ' - :- ' "' ' 'V; -':V ; "
: ' ' . ! 1 ' n " i ' : " . In H XT 1
Breeders Name
New Leaders
- - - -
- County Jersey Group
' fleets at Woodburn;
Speaker Listed
. WOODBURN Marion county
Jersey breeders reelected Henry
Werner, Silverton, president of
their group: J. R. Davis, Salem,
vice president and Mrs. Otto Beat-
tr. Salem, secretary-treasurer at
their annual meeting held Satur
day at the Oregon State training
school. Woodburn.
Leslie Scott, state treasurer and
control board member, expressed
appreciation of the club members
cooperation with the school and
the boys in teaching practical
dairy lessons.
He complimented the leadership
of M. D. Wooley, training school
superintendent whose progressive
program was particularly notable,
he said. T. J. Law, Jr., Troutdale,
president of the Oregon Jersey
Cattle club gave a fitting and
showmanship demonstration; Prof.
Harold Ewalt, of the Oregon State
college dairy department, outlined
economical feeding methods and
correct type for profitable produe
tion.
County Agent Robert E. Rieder
said Marion county was beyond its
quota in most defense farm proj
ects but that the home garden
project was lagging and recom
mended greater interest and par
ticipation.
The program, arranged by Wer
ner, was conducted by Toastmas
ter T. R. Warren, Portland, Amer
ican Jersey Cattle club fieldman.
Marion county is outstanding in
4H club and FFA work and as
result the county has, for the past
several years, ranked among the
numbers of new Jersey breeders,
Warren said.
Calvin Mikkelson, former FFA
boy completed his application for
life membership in the American
Jersey Cattle club at the meeting,
He and his father, H. Mikkelson,
recently purchased the John Fick
herd of registered Jerseys and are
now milking 40 cows on the Fick
farm.
Next activity of the breeders
will be cooperative meetings with
FFA groups of the county during
March in a schedule suggested by
Ralph L. Morgan, assistant state
supervisor of agricultural educa
tion, Salem. At that time, T.
R. Warren will address the groups
and will show colored moving pie
tures of Jersey cattle featuring
local and national herds, Werner
said.
Young Dairymen Complimented on Progress
SI)
w.
rait" tin if i
0
17 i-j.
1 X ."."
2
4$
v
7
2-
If
Fonth held the spotlight Saturday as the Marlon Connty Jersey Cattle club held its annual meeting at
the Orecon state training- school, Woodburn. Lined up during; the rutin- ana showmanship aisens
sion by T. J. Law, Jr., Troutdale, president f the Oregon Jersey Cattle clnb, were left to right; M.
D. Wooley. training school superintendent: Emma Pfennig, outstanding 4H girl of Turner, and Jes
sie Jones, Leo Cooper, Bill Sturtevant, Milton Terrell, Gene Gibson and Billy Bramborne, all of the
training school dairy.
Oregon Producers and Handlers stocks and Bonds
O February 16
Discuss Problems; Government
Mart Leader Among Speakers
Compiled by The Associated Press
STOCK AVERAGES
SO 13 13 60
Indus Rails Util Stks
Advancement in marketing and distribution methods that
now take over half of the consumer's food dollar will result from
wartime conditions, Roy Hendrickson, head of the government's
agricultural marketing administration, told 250 Oregon producers
and handlers of dairy and poul
try products, fruits, vegetables and
nuts at a meeting here Monday.
Hendrickson, who directs the
lend-lease and other government
food purchasing programs, said
that many of the market changes
would be involuntaty, forced by
shortages of packaging materials,
labor and transportation.
Henderson called On growers to
meet the record production goals
for 1942 and predicted the goals
would be even higher next year.
Capacity to produce has not yet
been a factor in agriculture's war
time production program but may
become the limiting factor as costs
go up and materials become more
scarce, he said.
Net change -
Monday
Previous day
I Month ago
Year ago
1941-42 high
1841-42 low
A .1 D .1 Unch Unch
. 53.0 16.7 25.8 37.1
52.9
54.2
56.8
64
51.7
16.8
16.6
13.8
18.0
13.4
25.8
26.4
33.0
3S.5
24.5
37.1
37.8
40.3
43.0
35.4
Dean Walker, Independence,
chairman of the Oregon hop
control board and spokesman
for the hop growers at the meet
ing, reported that the hop
marketing program had greatly
improved conditions in that In
dustry and had been beneficial
Closing Quotations
NEW YORK, Feb.
Air Reduction ....34 Me
Alaska Juneau 1xk
Allis Chalmers ..28
American Can ....61
Am Car & Fdy ..31
Am Rd & Std Stn 4
Am Roll Mills ....10
16 (tf'J-Today's closing quotations:
Curtiss Wright ....7 J C Penney 67
Douglas Aircraft 60 Penn RR 22
Du Pont de N ....122 Phillips Pet 38
Eastman Kodak 132 Proc & Gam 44 V
Elec Pow & Lt ....1 Pub Serv NJ 13
Gen Electric 26 Pullman 25
Gen Foods 34 Radio 2
Am Smelt & Rf ..40 -Gen Motors 32 Rayonie Pfd 25
Am Tel & Tel ..125 Goodyear 12 Republic Steel ....17 V.
Am Tobacco B ....46
Am Water Wks ..2
Am Zinc & Lead ..4
Anaconda 26
Armour Illinois ..3
Atchison ,..34
Aviation Corp 3
Baldwin Loco 13
Bendix Avia 33
Beth Steel ...60
Boeing Airplane 17
Borden ...20
Borg Warner ...22
Calif Pack 18
Calumet Hec ..6
Canada Dry 11
Canadian Pac 4
Caterpillar Trac ..36
Celanese .....18
Chesa & Ohio ......34
Chrysler 48
Col Gas & Elec ..47
Commer Solv ..: 8
Consolid Air 17
Consol Edison ....12
Consolidated Oil ..5
Continental Can 26
Corn Products ....53
Crown Zeller 11
Great North 23 Richfield Oil 7
Greyhound 11 Sears Roe 51
Illinois Central ..7 Shell Union 12
T-. XT : 1 1 n n o IT n t :
mi imci vciii ..( ooconjr vacuum
Int P & P Pfd . 57 Sou Cal Edison .18
Inter Tel & Tel ..2 South Pac 12
Johns-Manville ..57 Sperry Corp 27
Kennecott 34 Stand Brands 4
Libbey-O-Ford ..21 Stan Oil Calif 2
Lockheed 21 Stan Oil Indiana 23
Lowe's 39 Stan Oil NJ 39
Long-Bell A 3 Stone & Webster 4
Monty Ward 27 Studebaker 5
'wan -rvciv its ounsnuie mining
Nat Biscuit 15 Texas Corp, 36
Nat Dairy Prod ..14 Union Carbide ....64
Nat Distillers 21 Union Oil Calif ..12
National Lead 14 Union Pacific 74
cuuai org vjiiiitu virtines ..11V4
N Amer Av 11 United Aircraft ..29
N American Co . 9 United Drugs 6
Northern Pacific 6 United Foods ....59
Ohio Oil 7 US Rubber 15
Otis Steel .5 US Rubber Pfd ..64
Pac Gas & Elec ..18 US Steel 51
Pac Tel & Tel ....95 Warner Pictures ..5
Packard .2 Western Union . 24
Pan-Amer Air ...16 Westing Elec 76
Paramount Pic ..14 Woolworth 26
"Strictly Private
By Quinn Hall
'fftAlCto AWT VSm NO GflASS I
rf
; HALL
rr seems uwr vwweu twe smt ws. a
SPECUL CEWU VWEKE A GUY rUS TO
KAIiy M.THE OL SWSE CALLS OW
A&J-BST I TXWrSEETD:GErvROUHES2E.
to the grower, the dealer and
the brewer.
walker recommended more
stringent penalties for non-conformance
with the program and
extension of the program to in
elude control of production as well
as marketing. He also asked for
speeding up the referendum pro
visions which he called "cumber
some.
J. G. Hogg, Salem, speaking for
the dried fruit industry, said that
industry was in no condition to
take care of the increased burden
expected to result from shortages
of tin and that a large part of the
fruit crop that is normally canned
would be diverted to the de
hydrating plants.
He was supported by E. H. Wie-
gand, Oregon State college, who
reported that the state's 1000 dry
ers had shrunk to less than 400
in a suitable condition. These dry
ers, he said, were sufficient to
handle only half of a normal crop.
No priorities for steel and un
willingness of growers to make re
pairs until prices are assured is
holding up repairs, Hendrickson
was told.
Marketing agreements have
not yet been popular with Ore
gon prune growers because of a
"suspicion of any tie-up with
our southern neighbors," the
growers said.
Hendrickson said a large part
of many fruits would have to be
dried to make one year's supply
of tin stretch over three years
requirements. He said no more
tin would be available for such
products as canned pork and
beans, spaghetti, dogfood and
many other commodities.
Government price support and
purchasing programs so far have
not recognized either the hieher
cost of production or the higher
quality of Pacific coast eggs, C.
C. Keeney, Portland, manager of
the Pacific Cooperative Poultry
Producers, declared as spokesman
for the poultry group.
Oregon poultrymen are pat
riotic and willing to do their share
without expecting to make a lot
of money but they can't meet
goals unless they get their cost
of production," Keeney said. He
called for recognition of Pacific
coast quality of eggs, pointing out
that a third grade egg here would
make a No. 1 United States export
egg grade.
Inability to compete for la
bor because of low returns for
products were described as the
dairymen's chief problems by
Louis Minoggie, Sauvies Island.
He said that development of
grasses and legumes through the
AAA program had greatly in
creased milk production in this
state.
Processors of dairy products
were assured by Hendrickson that
the government will continue and
probably increase purchases of
cheese and evaporated milk. Dan
ger oi over-proauction is very
small, he said.
Rising costs and labor shortages
are the bugaboos of the berry
grower, c T. Sweeney, Woodburn,
said. Growers will have to nay
at least 3 cents a pound, and pro
vide transportation for pickers to
get the crop harvested, he de
clared.
Morton Tompkins, state grange
agricultural chairman, reported
that after attending over 100
meetings throughout the state this
winter he found Oregon growers
overwhelmingly in favor of mar
keting agreements.
BOND AVERAGES
20 10
Rails Indus
Net change Unch Unch
Monday 63.7 103.2
Previous day 63.7 103 J
Month ago 63 1 103.0
Year ago 60.4 104.8
1941-42 high 66.5 109.4
1941-42 low 58.3 102.8
10
Util
10
Frgn
D .1 Unch
99.7 44.4
99.8 44.4
100.5 44.2
99.2 40.9
102.2 51.4
98.9 38.0
Stock Market
Breaks Even
Bearish War News
Ignored but Early
Recoveries Fade
NEW YORK, Feb. 16--Ef-
f orts to ignore bearish war news
were? partly successful in Mon
day's stock market although early
recoveries faded to a considerable
extent at the close,
The Associated Press average of
60 stocks was unchanged at 37.1
Of 667 individual issues traded
236 were up, 221 down and 210
unchanged Volume dwindled to
negligible proportions in the final
two hours and transfers totaled
376,180 shares. They compared
with 319,320 Friday, which were
the smallest since last June.
Bethlehem Steel finished off Vt
although the company won a su
preme court decision upholding a
lower court ruling that the gov
eminent could not recover al
leged excess profits paid to the
concern and its subsidiaries in
World war I.
Du Pont, up a point at one
time, cut its gain to Vt when di
rectors reduced the quarterly div
idend of $1.75 declared previous
ly, to $1.25
US Steel and Youngstown Sheet
ended a shade higher at this
week's mill operations for the in
dustry were estimated up .7 of
point at 96.2 per cent of capacity.
Modest improvement was re
tained by Chrysler, Goodrich,
Kennecott, American Smelting,
Patino Mines, Montgomery Ward,
United Aircraft, Dow Chemical,
Texas Co.. Johns-Manville, J. I.
Case and American Telephone
Oh the offside were General
Salem Market Quotations
The prices below supplied by a lo
cal grocer are indicative of the daily
market prices paid to growers by Sa
Wm buyers but are not guaranteed by
Xn statesman:
VEGETABLES
Cabbage
CarnMa. orange box
Cauliflower, crate
Celery, green
Garuc. 10. .
Onions, 90 lbs.
Onion, green
Parsnips, orange box .
Potatoes, 10 lbs.. No. 1 new
Potatoes, No. 2. 50 lb. bag
Radishes, doz. -
Rutabagas, orange box
Rhubarb
Tomatoes, fancy hot house. Ib.
GRAIN, BAT AND SEEDS
4.00
1.75
1.50
325
JS
3.00
.65
1.75
3.00
1.60
.60
1.50
.09
JS
Oats. No. 1 .
Feed barley, ton .
Clover hay. ton
Alfaua nax. ton .
Dairy feed. 80-lb.
Hen scratch feed
Cracked corn
Wheat
bag
30.00 to 35.00
32.00 to 35.00
12.00
. 14.00 to 16.00
1.85
2.35
2.50
JO to 1.00
EGGS AND POULTRY
(Baying Price of Andremeo't)
(subject to Chang witnout Notice)
BUTTERS' AT
Premium , . ' , . ... ... ; , .42
No. 1 .41
No. 2 JS
BUTTER PRINTS
( Buying Prices)
A
B
Quarters
EGGS
Extra large white
Extra large brown
Medium
Standard
Pullets
Cracks
.40'4
9Mi
.41',,
5
3
3
.13
.15
as
J8
-3
JOS
(Buying Prices or Marlon Creamery)
(Subject to Change Without Notice)
BCTTEBFAT
Premium .42
No.1 .41
No. 2
Colored hens
Colored fry
White Leghorn
Old roosters
EGGS
Largo A
Large B
Medium A
Motors, Santa Fe, NY Central,
Union Pacific, Western Union,
Consolidated Edison, Anaconda,
US Rubber, Standard Oil (NJ),
Westinghouse, American Can,
Sears Roebuck and Douglas Air
craft
a.
X3
Si
J5
Jl
J7
J6
JS
as
Mi
Medium
Pullets
Checks and under grades
Colored hens .
Colored : fryer
Leghorn fryers r i
Leghorn hens ...
Stags i .
uia roosters ' .
No 2 poultry OS loss.
LIVESTOCK
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
4 pan.) .
Top lambs rsrr I ?
Ewes . . w w .s
Hogs. top. 160-225 lbs. WJO
Sows - 8.00 to 9.50
V-al. ton v, 1350
Dairy typo cows
Beef cows
Bulls
Heifers
Dressed veal .
HOPS
(Buying Prices)
aeeaea
1941 Crop .
1942 contract
6.00 to 7 00
7.50 to 8.50
S 00 to 9 50
. 650 to S.OQ
' Jl
.33
.34
-
Colo.
Less Pork, More Win
GLENWOOD SPRINGS,
(JP)- "If every American Podunk
would refuse its little piece of
political pork, we might win this
war sooner than we think we
can," commented Publisher J. E.
Samuelson as he announced the
town wants its fcCC camp closed
so the money can be used In the
war program. The community re
leased Rep. Robert F. Rockwell
from his campaign pledge to keep
the camp in operation.
Promise Made
ment
Oihquip
Importance of Dairy
Machinery Noted
In Manufacturing
. Because of the Importance of
dairy products in the food for
freedom program, Use of critical
materials for the manufacture of
dairy machinery and equipment
will be permitted in 1942 at a rel
atively high rate, according to
W. M. Tate, chairman of the Mar
ion county USDA War board.
This does not mean that
dairymen can delay in ordering
necessary new equipment or
that possibilities for repair and
reconditioning of old equip
ment should be overlooked,
Tate points out.
The broad program to make
available plenty of farm equip
ment for carrying out the depart
ment of agriculture's 1942 food
production goals covers the period
ending October 31, 1942, he ex
plained. The effect of the program is to
(Continued on Page 7, CoL S)
There is no personal or business emergency which
we cannot help yon meet with a conveniently,
speedily arranged loan! Drop Into ov offices for
full details ...
STATE FIHAIICE CO.
FOB MONET IN A HURRY
344 State Phono
Lie. S-216 M-222
261
THE LONE. RANGER
Full Speed Ahead
By FRAN STBTKEB
WELL GET PWW FROM rlTOrfTO " THEtfVE BEAT 05 ASAWl )
-.
THAT SETTLES fT MOW THE LOME RAMGEP?5 I
DEALT HIMSELF A HAND IM MY AFFAIRS, WEIL
SHOW MO MERCY TUH AMYOMEY
GTT REACT TUH RIDE WEILL GO AFTER
THOSE PIOMEEFC5 BEFORE THE LOME J
RAMGER CAM . - J
POLLY AND HER PALS
Paw Tense' an Ear
By CUFF STERRET
Isqv-csotmdurs II mmmmmA A 1 m i w : i
IWlSHVCXyD VfeS M ( BAD ON J I rTlM MB 1 (V BtGER. KVHOL )
MICKEY MOUSE
Little Man Who's Had a Busy Day
By WALT DISNEY
(eeek! oh, rrs racie!
A YOU'D BE S-SCAJ2ED,
TOO . . . THAT X WOULD
S-SOR! ITS A. LDEAD
BODY IN THE
L-UBRARY, SOR?
'S RLAT'S JAy- -7 BODY... .IN THE
v g'
C SOMETHiN' WRONG HERE! I I I OH, FV...rTS ONLY MINNIE'S UNCLE THE Kg
-r SMELLS UKE FOUL PLAYM VlJI I PUDLE.Y! HE NEVEB CAN STAY nd&M w
AmtCE AT P'ES ! j U0
Jf
LITTLE ANNIE ROONEY
Soldiers oi the Soil
By BRANDON WALSH
7Y1BOT)
THESE IS MUCH WISDOM M THE OLD AD4E '
WOPK AMD MO PLAAAAKES JACK A OUlt fiOYlBUT,
OUR COtlWTRy tSAT WAQ AMD
I 1 . I.. W Ai I 1 ... If .11 LJ
MOW CAH I HELP My
COUMTRyTOWtM
TCft-r fe- OUH COUNTKT K3A4 WAX ANU '
!Tff?fi?)!i , J. lOLIt? 04C THOLX3HTMUST BE
WE CANMOT BE SOLDIERS AND
5ASL0BS,BUTVJZCAH DO 0U8 SHARE
YESTERCWy, LITTLE ANNIE COONEy
EXPRESSED A CMLDtSH WISH
THAT WA5 IN BEAUTY A PfcACTICAL,
5
IM WHICH COUNTLESS MILLIONS OF RSTRtOTIC
CKLOREM CAM PE5F0RM A LABOR OF IOVE FOR
THEIR COUNTRY-Ll ALL GREAT IDEA5.IT IS
54MPLE AND PBACTCAL - 3RIEFLY ITMEAW5
EVERY CHILD WILL SPEND
OMI HOUR EACH IMf
1 J0O1StoAn.TTOCO
COUNTRyj '
J VW 1 vrcL
- r 4T '- r v Tii MdJ j i
HOW MANY OF J 1 lu.. H UUFX t'
VOLUMTFFJ3 TO . .1 - II WW r
DEVOTE ONE. r0-nt
HOUR OF YOUR 1 fttfS Z.-tcO ill,
PLAYTIME EACH f . ,0oav! v", I
DAY TO
s r in
I 7T 'Mr
I. I . IT
THIMBLE THEATRE Starring Pope-e
A Strip-TeaseNary
Undergoes Operation
LIBERTY Lavina Clark,
daughter of Mr. and Mrs. H.
Clark, underwent an appendec
tomy Friday in a Salem hospitaL
It "VgC Jl 4- PROBLEM . )VgtSTV J'( -T Aj(-rViAT
K -v- (?lS SOUR HOOKS VSbcl T NLPiOTATM -nZKK
VSOUR SOM
She Is making good progress.
Additional Market News
A BJTl GET
On Page 7 - . ,
t