Financial
PAGE EIGHT
Th OREGON STATESMAN, Satan. Ongm. Tnudar Mona, March 31. 1942
Faraa
Markets
Comics
Stock Trend
Slightly Up
AveragefeUnchanged
Some . Issues Reach
New 1942 Top
NEW YORK, , March 30-P)-It
was a case of self-rationing in the
stock market Monday, and while
many leaden managed to show
modest recovery trend, others held
to Saturday's levels . or. slipped
shade. " ;
. The Associated Pres average of
60 stocks was unchanged at 34.4
Transfers of 229,290 shares were
among the smallest since last May
and compared with 313,440 Friday.
' Zenith radio was one of the few
stocks to touch a new 1942 top
' with a modest gain. Others in
front at the finish included Gen
eral Motors, Chrysler, American
Telephone, ' U n 1 o n Carbide, US
Rubber, Sears Roebuck, Chesa
peake and Ohio, Douglas Aircraft,
. Deere, : Anaconda, American . can
and General Electric.
r Allied Chemical . dropped
points on a few trades. Others on
the offside were International
Harvester, United Aircraft, Santa
Fe, Woolworth, Westinghouse, J,
C. Penney,' Du Pont, Johns-Man-
viHe, Ah' Reduction and Cerro de
Pasco." ,
;on Stages
To Cut Speeds
In compliance with the cover
nor's recent proclamation calling
lor reduced highway speeds Ore
gon Motor Stages will commence
at once to make a resurvev of al
schedules to slow down the entire
system, according to M. A. Reed,
general manager. The company
has been checking running times
in anticipation of reduced speeds
to conserve rubber and prolong
ine hie of the busses, Reed said.
Much of its equipment is used
now to provide service for defense
workers and schedules must be
slowed to permit ample time for
efficient handling of the service
so as to get the workers there on
time. Reduced schedule speeds
will be placed In effect as soon as
the details can be worked out.
Creeping Fescue
Seed Shipped
DAYTON Between three and
four tons of creeping fescue grass
seed stored at the Lillva rl
Warehouse at Albany and belong
ing to xsicnois brothers of the
Pleasantdale district was Fridav
sold to Wood and Baxter, seed
aeaiers or Portland. The seed was
loaded in, freight cars for immedi
ate shipment to Philadelphia. The
seed was raised in this area in
1941 and sold for 22 cents a
pound.
No, 3-39
Synopsis ot Annual Statement of th
Occidental Insurance Company o( San
'" thirty-first day of December
sioner of the SUte of Oregon, pur-
HHJll IW UW.
" CAPITA!
00 000 00 CPiUl t0Ck PM UP' ,V
Net premlumi received during the
year, Si Ji 5221.1
Interest, dividends and rente received
Income from other sources received
unng me year, w. 182.43.
Total Income. 11,707,187.06.
. -, DISBURSEMENTS
N( IA nalrf .1 . a
eludtng adjustment expenses, $610
Coramissiona and salaries paid dur
in the year. S45J.007 M, -
Taxes, licenses and fees paid dur
Ins the year, S41.494.38.
Dividends paid on capital stock dur
inm the -Mr. I1MIMMI
' JV?Z'V ot 1 'other expenditures
- ToUj' expenditures, $1,508,000.61.
. ADMITTm iccrrc
Y-V.01 r, sUU owned (market
fsiiuv;, inunv,
Loan on mortgages and collateral,
tJJ20 7M63 bnd owne4 (mortised)
Value of stocks owned (market
"'r?!h in blm on hand. $949,
063. IS. m
Premiums in. course of collection
wriwn since September 90, 1941, $303.
-i"-,' and renU due' and accrued.
. , Other assets "T net), -$149,539.66. -.
Total admitted assets, $426.418.18.
LIABIUTIES
Cross claims for losses unpaid, $325,
Amount of unearned premiums on an
Outstanding risks. $1,145,200.76.
Due for commission and brokerage.
MtTl ih
AU ;-r liabilities, $49,751.41
'..T?.UaoUlUes' xcPt capital, $1
SSI. 680. 76.
Camtal rtairf tin 1 AM twin nn
: 'Surplus over all liabilities, . $3,404.
T32.42. Surplus as regards poUcyhoIders, $3,-
Total. $4,926,418.18. "
BUSINESS IN OREGON
rOH TBI VT1P . ..V :
Net premiums received . during ' the
year. -$105,218.89.
- net losses
paid during the year, $32,-
400 10.
, . . vt WWIIIJNUIfi UWAKQUU la
( Vance Company.
. Name of President. Charles R. Pact.
Mam of Secretary,. W. Stanley
Jtatutory resident attorney for scrr-
. niKQunc.
Dr.Y.T.Im. N J TJr.G.Cbaa, ND.
DIL CHAN LAM
Chines Medk-lns Co.
141 North Uberty
TTnertzalp Dn4Uii a .. t sm
i OUict opea Taesday and Saturday
nniy-u a.m. to 1 p.m.; $ to 1 pan.
I Consul tatloa. Blood pressure and
I uriae tesu aro free of charge.
; - m Bwismi
f3 .(&)
"Strictly Private"
I OF THINGS WEReJ
"S
Ml
PEAR iMOMV-
Wat. CM OCR
veswzE TDU THE
WD TO WOP V34
Salem Market
' The prices below supplied by a
cal grocer are indicative of the daily
market prices paid to grvwers by . Sat
lem buyers but. are not guaranteed by
The Statesman: - .
VBGBTAAUCS
Asparagus
, -7
4.00
1.7S
1.50
M
J8
a.oo
JS
1.75
a.oo
1.00
.60
M
M
Cabbage
Carrots, orange box
Cauliflower, crate.
Celery, green
Garlic. lb.
Onions, 50 lbs.
Onion, green
Parsnips, orange box
rotatoea, 10 ids., mo. i new
Potatoes. No. 2. 50 lb. bag
Haaisnes, aoz.
Rhubarb, fancy
Tomatoes. California
GRAIN, HAT AMD SEEDS
iisuyuig rnceti
Oats. No. 1
35.00 to 36.00
33.00 to 35.00
Feed barley, ton
Clover hay. ton
Alfalfa hay. ton -
Dairy fed. 80-lb. bag
Hen scratch feed
Cracked corn
Wheat
13.00
18.00 to 20.00
1.75
2J2S
2.40
SO
EGGS AND POULTRT
(Baying Prices of Andresea's)
(suoject to UiU Without Notice)
BUTTEKFAT
Premium .41
No. 1 .40i
No. 2 ; .37 'i
Dlinu fttlJM 191
(Buying Prices)
A
3914
B
38 Vj
.4014
Quarters
EGGS
Extra large white
Extra large brown
Medium -
2
M
3
SA
J7
XI
JO
jn
J6
JS
Standard
Pullets
Cracks
Colored hens
Colored frys
White Leghorn hens
White Leghorn frys
(Buying Prices or Hams Creamery)
isuoiect to Change Without Notice 1
BUTTERFAT
Premium - Ai
No. 1 .40,i
wo. a jai.i
Large A
Large dirty extras
M
3
-4
.24
.18
J7
0
.19
21
J7
J6
Jl
jOS
Large B
Medium A
Medium B '
Pullets
Checks and under grades .
Colored hens ,
Colored fryers ,
Leghorn fryers
Leghorn hens
Stags
Old roosters
No S poultry M
UVESTOCR
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
pjn.i .
Top Iambs 11.00 to 115
-was , . , 4.00 to 8X0
Stocks and Bonds
March 30
Compiled by The Associated Press
STOCK AVERAGES
30 15 IS 60
Indus Rails Util Stks
Net change Unch Unch A .1 Unch
Monday 49 2 15 9 23 J S4.4
Previous day . 49S 15.9 23.1 34.4
Month ago 52.1 , 16.8 23.6 . 36.7
Year Sgo a 58.1 1 8 33.8 . 41J
1942 high 56.0 17 $ 27 J 38.7
194S low 48.7 ; 13.6 -23.1 34J
BOND AVERAGES :
20 10 10
10
Rails Indu-
Util rrgn
Net change A J A .1
D .4 A a.
Monday
103.3
95.0 44.9
95.4 44.7
Previous day 65.1
Month ago 64.1
Year ago 65.6
1942 high 65.6
1948 low 60J
103 J
103.1
104.3
103.5
102.6
99 5 44.1
101 J 45.5
100.6 46.0
95.0 41J
Spy in Army?
Mm
. Franz Erich Donay
German-born U. S. Army Private
Franx Erich Donay, above, has
been seized by U. S. authorities .
st Governors Island, New York,
on an espionage charge. Donay
was ordered held in $25,000 bail
at tha Erooklyn federal building.
: .-
EvwytooyoMA .. . D 1 4 J- a
By Qiiinn Hall
CAMTHIX
.
WAVTWE GEIGUL
GEWEOAU ALU HE
OWJ0 WAR i
youa .sou
Quotations
Hogs. top. 180-225 lbs.
Sows - - - "
' 13.75
10.50
13.50
4.00 to 7.00
law to- sum
8.50 0 10.00
. 6.50 to 8.00
JU
Veal., top
Dairy type cows
Beef cows
Bulla .
Heifers
Dressed veal
HOPS
Buying Prices)
1942 contracts
WOOL AND MOHAIR
Wool
Lambs
.3$ to .43
.40
J33
Growers Prepare
Against Shortage
PORTLAND, March 30-OP)
Growers began to form an or
ganization Monday to assure ade
quate supplies of vegetables on
the wholesale market here after
Japanese gardeners have been
evacuated.
Pete Binns, celery grower, said
35 had been signed and more were
expected soon.
Meanwhile. 55 white farmers
applied for lease or purchase of
gardening lands listed by 258
Japanese, Field Agent W. A. Lund
of the farm security administra
tion reported.
Outside Selling
Overrules Delay
PORTLAND. March 30-6P1
Wholesalers forced the Farmers'
Wholesale market to open short
ly after 5 ajn. Monday despite a
scheduled 6:30 opening to permit
Japanese truck gardeners time to
get to the market after their cur
few lifted at o'clock.
The wholesalers, who has pro
tested the later opening time be
cause it would prevent them from
making deliveries before retail
stores opened, began selling out
side the market Charles Filli
pelli, acting marketmaster, then
ordered tne market opened.
Produce Mart Prices
PORTLAND. March 30-tiPl
Limited supplies and good demand
continued on the Farmers' Whole
sale Market Monday.
Green onions sold, from 35 to
40 cents dozen bunches though a
few were offered at 30 cents. Dn r
onions brought from $2.40 to $2.50
for the best 50s.
Rhubarb was mostly 75 cents
dozen bunches with some up to
80 cents. Spinach or ices were
from $1.10 to $1.15 for mid-Columbia
and $1 for locaL Kale was
60 cents. O
Cabbage ranged from SI to
$1.25 crate with red 90 cents Donv
crate and curly 50 cents crate.
Cauliflower w a s $1.30 dozen
bunches for Is and 80 cents for
2s. ,- , -
Carrots spread from 60 in 70
cents lug. ParsniDS were frnm
40 to 45 cents. Rutabagas ranged
45 to 50 cents. Turnips sold at
35 cents dozen bunches and 60
cents lug. ' .
Hothouse 'cucumbers were
priced $5 box.' f . r-
Marblehead and Hubbard sauash
were 2 cents pound.
Walnot meats and Filbert
meats. Cash en delivery. High
est price.
MORRIS KLORFEIN '
Packing Caw
161 N. Front : - , TeL 1J3
Amazing SUCCESS for 500S
years la CHINA. No matter with
what ailment yoa are AfTUCT-
Er disorders, lautUs, heart,
long, llyer, kidneys, stomach,
gas, constipaUon, tucers. dia
keos, ferer, skla. female eom-
- rUlU
Cb:rl:3 Chin
Chinese Herb Co.
orflee Heart Only
Tnea, and Sat. S
aja to s p.m. and
8nn. and Wed- 9
a-xa. to !:),
123 N. ComT. t, Salem Or.
KlAl..s.tW -T. IIIIIK.DV.-I..
Conservation
Of Tires Is
Galled Waste
v "With just two ounces of new
crude rubber per tire, plus thee
claimed rubber now available, we
could retread the tires of every
passenger car In the United
States!"
This assertion was made by J.
W, Whitehead, president of the
Norwalk Tire company, who re
cently appeared before a US sen
ate committee to give testimony
oh the rubber situation. White
head is in- southern California to
confer with Earl B. Gilm ore,
whose oil firm "distributes Nor
walk tires, and to arrange for
turning over the comDanr's stock
of tires to the government
Declaring that the so-called
'rubber conservation nrowam"
actually threatens to boomerang
and cause appalling waste, White
head told newsmen: "The tire bus
iness today is one of salvage. Un
less 'we take steps to. retread the
nation's tires before they are com
pletely ruined for any kind of fu
ture salvage, well be wasting
enough rubber, to retread every
tire In the country."
Whitehead explained that when
one tire is driven until it is be
yond reclaiming - and - must be
thrown away, enough rubber. Is
wasted to retread 50 tires. - -
He declared that with 2000 tons
of new crude rubber a relatively
insignificant amount from the mil
itary point of view dIus the
available reclaimed rubber, his
firm could retread 35,840,000 tires.
"With two ounces of new rub
ber and five pounds of reclaimed
rubber we can build a retread that
will give 5000 miles of service at
40 miles an hour." Whitehead said.
BARNEY GOOGLE
MICKEY MOUSE
LITTLE ANNIE ROONEY
eSSvfu!S W-t r x8ft- -mS!$) SSS) - a?
THE LONE HANGER J ObatrucHon of "Justice." By FRAN STRIKER
-LniP cife
(but; i tell v, K ( I know! i-
I'M NOT SICK! ) JUST KEEP QUIET
, - ( AND TAXE A. -
OM, AMAUE-jLOOK at THIS UTTLE CJfl THINK ) 9f MP.OUVES
CAREEN SPgQUTOM A4y FASZM - Jf CTS A 5EZ IfvVoSSISorL
V r it iyoE5rrLOpK weed- a svre -ask ivi b
THD-ELE THEATZlsxiag Popcrjt
rVOOSCAR,Y HE?5, I cnTHfVSALUEH?JUS I FOPVE,TH5 "MC'J
OCUA BUT 1 ) XME8C3DV MEEDIKT J? COULD MEAN r- s
REALV jOt0r4T ASISMAKKE? TTrv MAR!HB
vj -
- S. vg. I t . iwi. s- - j . w --. iW. I (SJ t . v CA v V V-T
Quotations at
Produce Exchange
PORTLAND. Ore.. March 30 AIM
Butter Print. A grade, . " 39,c In
parchment wrappers; 0Vc in cartons;
B graae, sc in parcninent wrappers
- Butter First - quality, maximum of
.s or x per ceni acuuty, aeuverey in
Portland, 39',ic-40c lb.: premium qual
ity, (maximum of JS ot 1 per cent
kcidity), 40',i-41c lb.: valley routes and
country points, 2c lesa than first or 38c
id.; second quality at roruana, zc un
der first or 31',-26c lb.
Cheese Selling prices to Portland
retailers: 'Tillamook triplets. 28 'ic lb.;
loaf, 29.e lb.- Triplets to wholesalers,
ze'ic id.: loaf, n'ac i. o. d. xuunoo
- Eggs Prices to producers: A large,
26c; B large, 25c; A medium, 25c; B
medium, 25c doz. Resale to retailers,
4c higher for cases; Cartons Sc higher.
Portland Grain
PORTtJ-ND. Ore.,; March 30 (AP)
Wheat Open- r High Low j Close
May ;.....::. J9j . - . J9T -
Cash grain: Oats No. 3 38-lb. white,
40.00. Barley. No. 1 45 lb. BW, 30JSO.
Corn and No. 1 flax unquoted. -
Caah wheat (bid) : Soft white, 1.01;
soft white excluding Rex,' 1.03; : white
club, lt; western red, 1.03. j ;
Hard red winter ordinary, 1 .00; 10 per
cent. 1.03; II per cent, i.10; 12 per
cent; 1.14. v.
Hard white-Baart 10 per cent, l.lJ'i;
11 per cent. 1.18'i; U per cent, l2..
Today's car receipts: Wheat 75; bar
ley. 4: flour. 3; corn. 6: oats. 1: hay. 2:
Millfeed. 7; flaxseed. 1.
Portland Livestock
PORTLAND, Ore.. March 30 (AP)
(USDA) Hogs: Salable 2100. total 2800.
Barrows and gllu, gd-ch.
iw-iou ids. , , sia.oq p ia.78
do 160-180 lbs. - - 13.50 14J
do 180-200 lbs. 13.75 14.00
do 200-220 lbs. 13.75 e 14.23
do 220-240 lbs. ' 13.50 14.00
do 240-270 lbs. ,-, 13.23 13.73
do 270-300 lbs 13.00 13 JO
Feeder pigs, gd-ch, 70-120
lbs.' - '
Cattle: Salable 2400, total
Steers, good 900-1100 lbs.
do medium 750-110 lbs.
do common 750-1100 lbs.
Heifers, do med 500-900 lbs.
Cows, good, all -weights
do medium, all weights
do cut-corn- all wts.
do canner. all wts.
Bulls (yearlings excluded).
beef, good all wts.
do sausage, good
do saus, med. aU wts
do cut-corn, all wts
12.00 13.00
2500.
12.00 12.73
10.75 12.00
10.75
10.50
10.75
9.75
8.25
Vealers, gd-ch, all wts.
13.50 13050
10.23 11.50
23& 9.50
8.0C105
6.73 I SO
5.75 6.73
10.00
9.7Si
7.00
THESE JEWEL ROBBERIES!
1 ' I lTH r T BCCM 1-1
-1 O'HCKXvri-CT VORRV1N3 TOO
NOTHIN'
Portland
do com-med all wts.
9.00 13 JO
IMG aoo
do cuL all wts.
Calves, gd-ch, 400 lbs. dn 11.00 13.00
1 w ta. ... s.ooenxo
do cull 40 lb da. . SJ0 SUM
Sheep: SalabW 2400, total 3300.
Ewes (shorn) gd-ch
dO, tfWTW nH
lambs .
d-rh - '
do med-gd '
' do common
S.7SO 6 JO
3 JO 8.75
115I1.73
9.75 11. 00
8.00 9 JO
Portland Produce.
' PCmTLAND. Ore, March 30 (AP)
Live poultry Buying prices: No. i
grade Leghorn broilers, under l'i lbs.
18c: over 114 lbs, 18c: fryers,, 2. to
m jc;, roasters, over 4 lb., Z3c;
colored hens. 21c; Leghorns, under-2
lbs- 17c; over J, lbs- 19c; roosters. 8c
- 11 1 .H kav. c11t 1 . it
-.- - wuuiB ft,v. una,
28c: toms. 27-28c lb. Buying prices:
'WO! MW, OKOa, 296 ID,
Rabbits Average country killed, 28
29c: city killed. 30e lb. '
Hay Selling price on track: Alfalfa.
No. 1. 21.00 ton; oat-vetch, 14.00 ton.
Valley prices: Willamette clover, 11.00
12.00 ton: vallv nnint- . rw.
gon, 22.00 ton. Portland.
Country meats Selling prices to re
tailers: Country killed hog, best buch
ers, 129 to 148 lbs, 18-18 lie lb.; veal
era, fancy. 21 ',4-22c: light thin, 14-17c
lb.: heavy,- 16-18c lb.: canner cows, 13
14c lb.: good cutter cows, 14-15c lb.:
bulls. 16-17c lb.; lambs, U-20e lb.;
ewes. 6-12c lb.
Wool 142 contracts, Oregon ranch,
nominal. 34-37C lh . crasshraxlii. iri-AOr.
lb. - - ' '
Mohair 1941 12-month, 45c lb. .
TTnrt . tr, A ttr 11 . n. i4
contracts. 42 -45c. .
Onion Idaho. 2.25; Oregon, 2.65-2.90
50-lb. sacks; sets, 25c lb.
PntatAM OM Whif InA-l. 4 u
cental: Deschutes Gems, 2.65-2.75 cent
al, lacuna no. a liems, i.ia-io per
50-lb. bag; Klamath. 2.65-2.75 cental.
Potatoes, new Florida, red, 82.65
20 per 60-lb. rug. , -
Wool in Boston
BOSTON. March SO t API wsn A
Fair Quantities of fine territorv .want.
of average to good French combing
length were sold in Boston' today at
$1.15 to v $1.18, . scoured basis. . There
was a good demand for one-quarter
blood combing territory wool at 95 to
98 cents, scoured basis, and a fair de
mand ofr three-eighths blood combing
wools at S1.D2 to $1.05, scoured basis.
Fleece wools were mostly quiet. Graded
three-eighths and one-quarter blood
bright fleeces were quoted at 62 to S3
cents, in tne grease.
Good for Target Practice.
Patient With a "Fever."
WRONG! ANO...f
WITH A
?!- AAfl
Fifth Column Ac-rlty.
X?5jJi54 WEinD-THE EHEMYOTALL
l f"TS se svv a tf a a . - - w
V6U6 liC3
PCWKt IHSy kuin yuutc CROP
Laying an Egg i
mU. HANDS ON
UVELyi
STTeft60BlXXtt
Av
AUrfTJON-S
"
m - m i
Corn Piills f -
Mqrket up : :
, . -' - . -
CHICAGO, ; March , 3HJP)-?er
sistent ' strength' of corn and oy
beans pulled' the grain market
higher Monday after wheat and
rye prices had "slipped about
cent a bushel early in the session.
Corn rose a cent and soybeans
as much as 2 cents. Corn; selling
the' highest' since early in- the
month and within only a few cents
Of the peaks of 1937, was strength
ened . by . good industrial - demand
and higher hog prices. Short cov
ering accelerated the upturn in
beans and was stimulated by . light
receipts.. ' '; ".. .: . '
. Wheat rallied on short covering
ta sympathy with action of corn
and closed unchanged to higher
compared with , Saturday, . May
$i.2e-; juiy .$iR:. , :.;
- Early weakness of bread grains
was blamed partly on continued
sluggish milling and flour .trade,
although lend-lease buyers bought
more than 500,000 barrels of white
flour last .week 'and were' under
stood to be asking, for . offers .- for
flour in me. Pacific northwest' to
be shipped during -the April-June
period.' -. .. ", : 1
Of cial reports confirmed trade ,
There Is ne personal er. bnslness emergeoey which "."
we ' cannot: help yon meet" with si ' eaBTenienU y, --
speedily arranged ' loan! prop tnte or: attlces fr -
''tl'deuaiS';v' r:s '' ----- . ..
STATE raiaiicE CO.
FOX' MONET IN A HUBBY
144 State
Lie.
TALL
... V-AIH H3K WEbDS
I HAVE HEARD OF
f MINNIE! ( 2ES, NE ACE) W 1 1i 1 XM NOT WELL! I'M GON' M
r ANOffiKM 'VQJE NOT iM nLTT21
I IA Cr7lr X. ..nr.. !?... , ill " i 1 1.
s: ..a-.. A 7TT " twwn 1 j . - w ITS THE -
OMEOMB IOHOSE
IWITlALS ARS "AfC
HER CHICKENS ROVE.
THEEAS
VES.
MQfTHJCAREM'
CHICKENS RE
belief J that r farmers ' . have been
redeeming less of their 1941 loan
wheat since the price slump after,
mid-march, . which . made that
operation, less profitable. " ; " , j
Lemons j Pears
On Exhibit
i I lAON Lemons over three
inches in ' diameter , and I prickly
pears grown here by A. tp. An
derson of the Waterloo neighbor
hood are on display in a window
of the Lebanon Feed and. Seed
company. v ,-- .-.
t Anderson says that besides the
four lemons he has on exhibition,
tne tree has six, large fruits and
a number of blossoms. The tree,
which grows indoors in a large
tub, he keeps trimmed, to about
four feet. The cactus he says Is
harder to control for the moisture
and heat of the Indoor atmosphere
make.it grow prolifically. .;
Rickey Farm Sold 1 ' 1
RICKEY The farm -known at
the : Wesley Horner place and
owned for the last few years by
Ross -Hammond,," Portland, has
been purchased by N. L. Gamble.
Salem, - :
, Phone nil
8-XU M-222 ,
By BILLY DeBECX
By WALT DISNEY
By BRANDON WALSH
X GUC5S WD5 Aff CXSS
watch rno -ru-Ai ai i -rue
TAr?TUTOMORROUoJ
AN EXOTlKJGs WE0)
ADMEMTIDP QB lAkm
SEA AND AIR,ENTTTLE9"
TXMsfT BE A OOSE
TAkE A ANCR AT
n
5