The Oregon statesman. (Salem, Or.) 1916-1980, March 04, 1942, Page 8, Image 8

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    Fieainicial''
T OrJXtON STATECMAI7, Sdexxu Oregon, Wednesday Mcroing, March 4, 1S12
, PAGE EIGHT
Farm '
Wheat Market
Rises Sharp
CHICAGO, March S-fl-The
wheat market responded quickly
with sharply higher prices Tues
day to Washington, reports that
Jthe Commodity Credit corpora
ction's milling wheat selling pro-
J gram, which has had the effect of
. - placing ft temporary ceiling ' on
prices for the past three months,
was to be modified. Other grains
rose in sympathy with r wheat .. --
Reports . Indicated that this
' modiflcation would involve a
i temporary withdrawal after
HareK 14 of rover-meat offers
of ever-normal cranary stocks
-t to the milling trade and dloeon
i tbraanee of the system of pool'
I Inr wheat the CCC acquires
; ' i through default of loans. CCC
f wheat now Is offered for sale np
to March 14 on the basis of
about' $L3t for No. t grades
:.-f here... . ; ' ', ." , - j
Xs- Heavy short covering at the op
- toning rushed prices up as much
as two cents a bushel, with other
grains following wheat. Although
the - bread cereal backed down
about half way later, due to profit
taking, the market remained
strong and' closed higher
than - Monday, May $1.29-.
July $1.30.
Freight Firms N .
Change Hours ,
u- Earlier placing of orders by Sa-
lem. firms who receive freight
from Portland is asked as a re
sult of action taken in Portland
whereby freight receiving ware
' houses and terminals close at 4:30
clock. This has been done in an
effort to releave traffic conges
. . Uon. ' -
Transportation companies are
no longer taking calls for pick
t lip service after 3 o'clock in the
afternoon except Saturday when
12 o'clock Is the deadline. Late
calls will be handled the next day.
Spring Plowing,
Pruning Starts
- LIBERTY Spring plowing has
been started on the better drained
fields. - -
Orchard pruning is a more ex
. tensive Job than usual this spring
' due to the silver - thaw damage.
Heavy pruning to repair damage
and shape up the trees has U be
done as well as .to take out stumps
: where the tree trunk was snapped
off or was split. -
v , Some prune orchards and parts
of others where the damage was
heavy are being entirely pulled
up. The wood is being used for
fire wood.
Produce Mart Prices '
PORTLAND, March 3r(P)-Of-ferings
on. the Farmers 'Wholesale
market Tuesday were less than us
ual for a Tuesday, normally a
light day. .
- Carrots sold to 50 cents lug and
parsnips and - rutabagas 45-50
cents. : v - ;
Old potatoes were to $225 cen
tal for Is with 2s priced 80 cents
for 60s. " : ::"'
Brussels sprouts- sold 80-90
cents box and local cauliflower
(1.40 crate for Is and 65 for 2s.
y Maryhill spinach .was' $1.15 or
ange box.
. Chives were 90 cejits box and
cabbage 1KM.00 crate. -
Russian Envoy
li LttvLrov, Lay
, t' s C';!cr-.a;3 who attended a brilliant reception at the tus
i t ' - -.-j in V.'asLisgrton, held to mark the celebration of the
:ry cf ths Te4 army,cf the Union of Soviet Socialist
, Lr : 1 I.'-IlTis, tlie Dritish ambassador, is shown wii his
i't Y-cit, Kussian Ambassador Maxim Litvinov. The
' ;a v. zz 1 ircm 5 to 7 p. m. Earlier In the day. Lord Xlali
: -'1 a t. U. G.-rritlca agreement designed to serve as the
1 tar'3 fcr tl.a tetter world order it is hoped to establish
n V vc3t is over. Ey lt Great Eritato accepts Secretary of
'a C-rdtU II-lI's lliersi trade principles as the basis for the
pc t-vr.r i.-lzrr-'-'--- economia system, -
"Strictly Private"
1 I SUPPOSe WE'RE" DOW ALL I
si i 41 TTS TO' MOUTH OPMARCM
. , -
VSKt MOW- y
fOUUD
PIX OP
TLGH-HOaWSS a
TWO surrMtlBgTreR
Closing Quotations
NEW YORK, March 3-(P)-Today's closing quotations:
Air Reduction 34
Du Pont de
Alaska Juneau 2 Eastman
Allis Chalmers 28& Eec Pow & Lt 1 Phillips Pet 36
American Can 61V Gen Electric 25 Proctor & Gam 45 ft
Amer Car it Fdy Sly Gen Foods
Am Rd & Std Stn 4 Gen Motors
Amer RoU Mills 11 Goodrich
Am Smelt & Rf .J9y4 Goodyear 13 Rayonier - .10
Amer Tel & Tel 129 Great Northern -25 Rayonier Pfd . 25
Amer Tobacco B 46 Vi Greyhound ..12 Republic Steel 18
Amer Water Wks 2 Illinois Central 7 Safeway Stores .40
Amer Zinc Si Lead 4 Insx Copper
Anaconda t J21V Inter Harvest .48 Shell Union .. ,12
Armour Illinois 3 Int Nickel Can 27 Socony Vacuum 7
Atchison ..;.l.;37 Int P & P Pfd 57 Sou Cal Edison -18
Avia Corp -3 Inter Tel
Baldwin . Loco 13 Johns-Man
Bendix Avia 38 Kennecott
Bethlehem Steel 61 Libbey - O
Boeinsr Airolane -l8Vi Lockheed
Borden , - , v . ,. gQ Lowe's
Borg .Warner J2i Monty Ward ..27 Studebaker J5
Calif Pack -uz 17 Nash Kelvinator 4 Sunshine Mining -44
Calumet HeC 8 National
Canada Dry .l 12' Nat Dairy
Canadian - Pacific -4 Nat.DistiUers -20 Union Carbide -64
Caterpillar Tiw 34Vi National Lead -13 Union Oa Calif -12'
Celanese J Z.tf. 19 ' N . Y Central 9 Union Pacific 75
Chesa & Ohid 'S3-'Ti American
fhrrli- .1- ' &iL .ft American
Col Gas & Bee -46V- Northern
Cummer Solvent .8 Ohio.. Ofl'"
Common & Sou 1" Va Otis Steel
Conaolid Aircraft 18 Pacific Amer Fish 8 US Rubber 154
ConsoUd Edison 12 Pac Gas &
Consolid OU -5 Pacific Tel
Continental Can 26 -Packard
Corn Products Sly, Pan-Amer
Curtiss Wrisht 7 Paramount-
Douglas Aircraft 65Vk J C -Penney 68 Westing Elec 75
Salem Market
That Drteea balow suDDlled t a lo
cal grocer are indicative of the daily
market prices paid to frtwers by Sa
lem Buyers out are not guaranieea vj
The Statesman
VKGETABlXa . .
Asparagus
J7
4.00
1.78
IM
39
JS
SM
M
1.79
, 3.00
1.00
. : M
, .09
as
caoDage
Carrots, orange box .
Cauliflower, crate
Celery, green
Garlic, lb ---
Onions, 80 lbs.
onion, green
Parsnips, orange box . , .
PoUtoes. 10 lbs.. No. i new
Potatoes, No. S, 80 lb. bag
Raatsnes, a ox.
Rhubarb, iancv
Tomatoes, California
GRAIN, BAY AND SUDS
(Bay tag Prices)
Oats, No. 1 . 33.00 to 38.00
Feed barley, ton 33.00 to 39.00
Clover bay, ton 13.00
Alfalfa hay. ton , ., 18X0 to 18.00
Entertains Here
C - HTas and Lori Ca-fax
By Quinn Hall
CMN MX
VST TO WE THE
ID MW& A SOLDIER,
SEAL 3 BR SCQXSL.
MDUCl COM
N .110 Penn RR
-23 y
Kodak 39 Phelps Dodge . 29 V
32 Pub Serv NJ iz
34 Pullman J2Wi
15 Radio . 2
11 Sears Roebuck 50
it Tel JZYa South Pacific 12
ville .61 Sperry Corp 27
33 Stan Brands 3
- Ford
J21Y Stan Oil Calif
21 Stan Oil Indiana 24V,
40 Stan Oil NJ 37,
Biscuit -15 Texas " Corp
Prod -14V4 Trans-America . 4
Av 12 United Airlines 10
Co -9 United Aircraft -32
Pacific 6 United Corp 932
i:,.l7 United Drugs i i
.: - 5 United Foods -54
Elec 18 US Rubber Pfd -65
& Tel 89 US Steel 52
2 Vanadium ..-18
Air 15 Warner Pictures -5
Pic -14y4 western union Z5
wool worm zoyi
Quotations
Dairy feed. 80-lb. bag
1.78
23
Men scraicn seea
Cracked corn , "
2.40
Wheat ,
EGGS AND POULTRY
(Baying Prices of And man's)
(Subect to Change Wiuout Noucel
BCTTEkPAV
Premium .41', 4
No. 1 , , .40i
No. a ', I jnv
BUTTER PRINTS i
(Baying Prices)
A
JS
B
J8
Quarters
MM
L3GS.
Extra large -white
s
s
3
-3
Extra large Drown
Medium
Standard
Pullets
Cracks
JS
JS
Colored hens
Colored frys .
4S
31
Hens
.IS
.18
White Leahorn frva
Old. roosters
(Bvytng Prteos er Mams creamery)
(Subject to Change Without Notice)
BCTTERPAT
Premium .41 H
No. 1 , A0k
No. S , ,, JK't
Large A
3
Laree B .
4
Medium A
Medium B
4
Pullets
J7
Checks and under grades
Colored bens
XI
J 7
J7
Colored fryers
Leghorn fryers ? .
Leghorn hens
JO
JB
.13
stags
Old roosters
a
J88
No. 3 poultry jOS lass.
LIVESTOCK
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
Top lambs " " ' " " ' 11S0
Ewes . , ,. . 4.00 to 8.00
Hogs, top, 180-225 lbs. 13.25
Sows 9M to J60,
Veal, top - 13.50
Dairy type cows.
Beef cows
Bulls
. 8.00 t IM
9.80 to 8.50
- 8.00 to 8.80
Heifers
. 8.40 to 8.00
-0
Dressed veal
BOPS ,
(Baying Priest)
Seeded
1S4S contract
Wool in Boston'
BOSTON. March S (API (USDAl
There waa a nmitcd dimtnd in tt
Boston wool market for spot .lots of
Kaded domestic shorn wools. - rine
ench combing territory wools were
sold at gl.12-l.li, scoured bssls. Sales
of three eighths blood combine ter
ritory wools were made at $1.-1.04,
scoured basis. Fine combing Ohio De
laines were quoted mostly at 48-48
cents, in the grease. . . ,
Dr.Y.TXam. NJ. ' Dr.G.Caan. ND
"DU. CHAN LA! I
CMnctt Medicfn Ca
til Norm Lioerty
iTts4im d--y. ".... n-
I w veiis m vi uetsiu uxiici as -c- v.u
f oi.ict epen luesaay aod ?t.arc y
i i only 18 ajn. t 1 p.m.; 8 to 1 p.ta.
s Censaltation, Elood presiurs and
orvas tests are ires ( charts.
IS Tears to Easiness!
f1 LUJ...MJW)JL.MBMfcJ.. .lIIMJl..ipi.l.,...iyilliiIJii. . i hwj
no
Stock Market
Stages Rally
NEW YORK, March 3-aVThe
bad news was out on the huge
treasury tax program . Tuesday
and the stock , market . followed
precedent by putting on a selec
tive rally.
Bellwethers such as . American
Telephone, Bethlehem, Chrysler,
Du Pont, Eastman Kodak, Santa
re, Union Pacific, International
Harvester , and United Aircraft
ended with gains of one to around
two points after considerable ear
ly hesitancy. -
The f Associated Press average
of 60 stocks was up Z of a point
at 37, best upturn since Feb. 14.
I Dealings, slow most of the time,
picked up at the last and trans
fers totaled 409,120 shares com
pared with 325,305 Monday. -
Among stocks Santa Fe posted
a new high for the year while
Standard Brands dipped to a rec
ord low. Doing moderately well
were Montgomery Ward, Atlantic
Coast - Line, , Anaconda. Westincv
house, Union Carbide, Boeing and
Douglas Aircraft .
Stocks and Bonds
" MltA S'-
ComMled BT Th Aaanrif Pmi
I1VI.Ii AVUUliLS
30 IS IS
M
Indus Rails OUI
Stks
Net ' chanea
A .4
A .4 A JS
A J
Tuesaay
83.8
17S 25S
1S.S Z5.S
174 2SJ
16.1 33.4
17.S 37S
15.S S9S
37.0
Previous day 2J
36.7
Honia ago
Year go 87J
143 high M O
1SU low 81
37S
41.0
S8.J
9&5
BOND AVERAGES
20
10 10
10
Sails Indus Cul
rrgn
A .1
44 J
44.1
Net change A .4 DJ A .1
Tuesdajr A 103.0 09.9
Previous day S4.1 1034 , M.9
Month ago 63.9 103.4 100.5
Year ago , 61 J 104 J6 90S
43.7
43.8
iiH2 nign . ioa.9 lou.e
184a low eoa ios.s so.
46.0
41i
THE LONE RANGER
POLLY AND HER PALS
UH ANVWHERES ITS" I
HJS POOt- MV. POKfeR.
'
CLUB NISHT. ANTHIS Vl-AR
1VB MADS A COMPROMISE
Agreed not tInterperb
ViflTH HIS CARD PLAViN'
14ICKEY MOUSE
LITTLE ANNIE ROONEY
GlCfYOSrC, ZERO, BUT ITS A SWELL "
tAV 7W SUN 15 6WWJN' SOVSORM ) ,.r
aw -RtEwixy, rr makes youTywKr ATfif
THE CALENDAR MUST BE WBONG J V-JL
T1X.ILE . TIATIUtj Pcp74
I ' i SHC4JLDrN KMOCLCO WviVKaVi ) I (H0U VN3 KMOOJ ISP-M f ID! JtrJT ) f
at . L . ... . . ft r-tM-it-iA n - i vk.r m ; s j-m - . - r - T 9
t ' .2! -
- i ' - "'' w rm, s-Xii TV i-v I y -AX J ' Jfe ' vS-S.
Quotations at
Produce Exchange
PORTLAND, v Ore- Matfeh 3 (AP)
Butter prints:- A grade 39,fcc to parch
ment . 'wrappers,: 40',ic in cartons; B
grade 39c in . parchment wrappers,
40c in carton..
- Buttrft First quality, maximum
.6 of 1 per cent aetdtty. dcUvered l ort
land, 3S',i-40c lb.; premium quaUtr
(maximum of J5 of 1 per cent scldity),
40 it. -41c lb- vallev routes and country
points 2c loss than first or 38c; second
quality a cents unuer dih or jiji-w.
gis Prices to p.udiicrs. A large
36c: B large 35c: A medium Z5c; med
ium B. 37c. Resale to retailers 4c higher
lor cases; cartons 5c higher. -'
Cheese Selling once to Portland re
tailer: Tillamook triplets XBfee lb.; loaf
34c lb. Triplets to wholesalers 21c
U4 lost S2o to. tab. Tillamook.
Portland Produce
PORTLAND. Ore March S (AP)
Uve poultry Buying prices. No. 1
grade Leghorn broilers under l',i lbs.
18c; over lk lbs ISc; . fryers, 3tt-4
lbs, 23c; roasters over 4 lb, 22c, col
ored hens, 21c: Leghorns,-? under 2'
lb., 17c; over 3,L lbs- 19c; boosters. Sc.
Rabbits Average country-killed. 28
29c; city-kUled. 2-30c. . . . J
Onions Yakima. SX25-2JS; Oregon,
S240-2.U 80-lb. sack; sets, 13c lb.
Potatoes, old White locals, SJJO per
eentali Deschutes ' Gems, 32.70-S.80
cental; Yakima Ne, S Gems. 1J9-12S
per 80-lb. bag: Klamath. S3.70-3 cental;
Idaho Gems, S2.70-3 cental. ! .
Potatoes, new California white, $1.50
per 28-lb. lug; Florida, red. S3.60-2.7S
per 80-lb. lug; Texaer$2.60-2.7T .
Hay Selling price on tracks: Alfal
fa. Ka. 1. 323 ton: oat-vetch. S15 ton.
Valley prices. - Willamette clover, f 12
ton. Taller points: umotny, eastern
Oregon, S22 ton, Portland,
Country Meats Selling prices to re-
tatlera: . Country killed - hoes. - best
butchers. 129-148 lbs., 18-lSe lb.: veal
era, fancy, 22i-Z3c lb.; light, thin, 15
16c lb; heavy, 14-15c; canner cows, 13
14c; good cutter cows, 13-14c; bulls, 16-
17c; lamos, ista-zoe id.; ewes, s-xic. ,
Wool 1943 contracts. Oregon ranch,
nominal, 34-37c lb; crossbreds, 40-42c
lb. . -'- j i
Mohair 1941 U-month. 45e lb.
Hops Seed stock, 1941 crop, 40c; 1942
contracts, ne id.
Portland Grain
PORTLAND. Ore. March S AP)
Wheat Open - High Low Close-
May 1.03'4 1j03i, 1J03U 1.03,a
Cash train: Oats, barley and corn
unquoted. Flax. No. l, ZJi. . .
Cash wheat bid: Soft white. J.034:
soft white excluding Rex. 1.04ft; white
SOMETHING .
AN'
THAT 5UNSHIM-
AaTHECEAN -
1 J a. ' ' i J 11 m i 11 3 ai
A I I yWlTt-U BET FA IS TlCKUED 1 - - - II J-T HES MTHERS V . I
i f 3 A lA" .nAvTODEATH. lSr AT - PLAVIN' SOt-TTAlRfi . A - I
a vi BBS 1 171 i.i.r ., r-r II 1 . ,rsi.-. -.. ans b
I I , 1 MJ III J V . fXfVJI IU M I f Ti I I I ' ' W . JTA I . w -1 " M i
:X-jrr-iTe iiii i i . . wn 5--w i i i - r
i f i i fim 1 1 1 1 1 x 11 iiciu j rrrs 11 i evs-scot "ni i
I ' T
Portland
club, IDS; western red. 1.04.
Hard red winter: Ordinary. 1.01: 10
per cent. LM,; U per cent. 1.10'i; 12
per cent, 1.14i. -
nara want tsun: ie pee cent.
11 per cent, U2h; 12 per cent, 125S.
Today's car receipts: Wheat, 3; bar
ley, 0; flour, 2; com. 0; oats, 1; hay, 0;
millfeed. 2; -flaxseed, t.
Portland Uvestock
PORTLAND.- Ore,' March 3 AP)
(VSDA) Hogs: Salable 400, total 450.
Barrows ana guts
Gd-ch, 140-160 lbs.
' gd-ch. 160-180 lbs.
13.00 13.73
13.50 (ri 14 J5
14.001423
.. 13.7501425
- 13.50 1 14.00
ga-cn, iBo-2vo jos.
gd-ch. 200-220 lbs.
Sd-Ch. 220-240 lbs.
O 240-270 ,
13.25
do 270-300 lbs. 13.00
Feeder pigs, gd-ch. 70-120.12.00
Cattle: Salable and total 100.
Steers good 900-1100 lbs. 1223
do med. 750-1100 lbs. 10.75
do com 750-1100 lbs. 9.00
(13.00
J 12.25
10.7S
Heifers.
do med, 500-900 Iba. . . , , . 10 00 115
do com. 800-900 lbs. 7.75010.00
Cows. good, all wts. ., , .,. S25Q S2S
- do med. all wts. , - 8.00 923
- do cut-corn, all wts, 6.500 S2S
do canners. all wts. ' 8.75 6J0
Bulls tyearunirs excluded)
beef, good aU wts. 9.75 1025
do sausage, good, all wis. 9J0O10.00
do saua, med. all wts. 8230 9J0
- do cut-com. all wts. 6.50 823
Vealers. gd-ch, aU wts..,.. 14.00 16.00
do com-med all wts 90 14.00
do oil all .wta. 1J60Q 9M
: Calves, gd-ch, 400 lbs. dn 11.00013.00
all Wta-;- , , ' 8.000 11 JW
do cull 40 lbs. dn. ,, -600 aO0
Sheeo: Salable and total 100.
Ewes (shorn) gd-ca
8.75
6 00
8.73
do. eom-med. .
'3.30
Laenbs
Sd-ch
o med-gd
do common
1130
1025 (i
SOC
11223
1125
9.00
Change Meeting
Place of Gass
' WOODBXJRN-The next meet-
ins of the men's first aid class
will be held as usual tonight but
the meeting, place has been
changed from the defense head
quarters to the armory.
. Tnis class . ot about 121 men
Is composed of police reserves
and air wardens and the instruct
or is Dr. Smith of Silverton. The
meeting is called for 7:30 p. m.
Encore by Popular Request!
The life of the Partj
You Can't Pleas Everybodyl
- BUT VA4EM
rTL GOOD AFTER
fWOWWErVtrUOr
AW.OF COURSE,
Too Many Carbon Copies
313.73
S 13.50
13X0
Th Lom Woll - y " v By CLIFF STEEEET
ji S
Hop Studies
Carried on
Officials of the bureau of plant
industry of the agriculture de
partment sure "trying to develop
hops that will be more satisfactory
to the user and of more profit to
the producer, according to an As
sociated Press dispatch. " . :
They testified before the house
appropriations committee- during
hearings on the agriculture de
partment 1943 appropriation bill
that', western growers formerly
grew, seeded hops largely because
they were heavier.
. The trade, they continued, de
veloped a demand for seedless
hops which are higher In content
of essential resins and do not car
ry; -unnecessary surplus weight.
Their testimony was made public
today as the bOl was Introduced
in the house.
Farm Manager Named
" GERVAIS A. A. Butz, who
comes , from Idaho, Is the new
manager of the Jonesmere farm.
Butz will have charge of the dairy
and livestock at Jonesmere. He
is a graduate of Idaho agricultural
college and has been employed at
the college since graduation.-
11 W Vff
The money you need is available to you
here and now. Inquire today at our con
venient address about our personal loan
service!
Tot Money In a Hurry See '
State Finance Co..-
If
344 State SL
Lie
II
6UMMEJ? COMES AM'ThE SUM IS
, , .. ...... " ''.'..V..
EVnsy, uxsa rou9 DcerruKE
TT-THEy SAY-Cni BUTfTS
l5N"TfT EVER GONNA RAM
AGAM- ITS UKC UVW M
AMOVEM
jj N (iv J)
Jefferson Farm
Changes Hands .
JEFFERSON Mr. and Mrs.
Earl Miller have sold their 189
acre farm, 'which adjoins the A.
H. Thompson farm, to Vernon
Thompson, who will continue to
operate his father's farm and
dairy along with his own. . -.
Mr. and Mrs.- Miller will con
tinue living in the neighborhood
where he will operate other
farms. The Vernon Thompsons
will move Into their new home
the first of June. ; :'
Visits Parents
In.Aumsville '
AUMSVILLE -' Mrs. Folmer
Bodker, Junction City, was a vis
itor at the home of her parents,
Mr. and Mrs. J. E. Mountain,
Mrs. R. T. Mountain and Violet
Fincher art confined : with the
mumps. .1
- The benefit - program given
Thursday was successful finan
cially as well as being a first
class entertainment. It was spon
sored by the Women's club, for
defense funds. i '
- JVJaJ V
a
S-213, M-222 Phone 9261
XI
By FRAN STRIKER
Br wait Disxnrr
By ERANDON WALSH
CUT WHEN AU.TH0V3AR KAiKOR
SNOWyAN-CDiO, FOLKS DOfTUKZ
THAT- AW WHEN TME SUM COMES OUT,
AM" START5 TOMIME-R3UC AU.
HOUXR." HUCCAy. HLICC-V t3JT -
K WDPFV Ct4
CSJ eVXCUKTT OP UX?
LOOKS MUCH AUK i
CXiT tUHO TH3 OTHCR
KM Lr j - .T4