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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (May 2, 1942)
I s i E ! cial ma mics . The OREGON STATESMAN, Salem, Oregon, Saturday Morning, May 2. 1142' .1: PAGE EIGHT Markets Go Farm Ei T Utllll ies Good Upturn Some Issues Up as Much as 3 Points ; "T Average Rises .4 NEW YORK, May 1-W-Util-jtties and an assortment of blue I'thips Friday led the stock market tn another selective upturn. , v Senior issues advanced as much as 3 points or so on small turn overs after, an irregular opening In which fractional minus signs predominated. High marks were reduced in many instances at the close and many industrials and rails ended a shade under water. Transfers totalled 300,680 shares compared with -278,620 Thursday. The Associated Press average was up .4 of a point at 33.1, its third successive day's recovery. Preferred in demand included! Issues of West Perm Electric, Am erican Power &. Light, Engineers I Public Service; United Corp. and ' ., Public Service of NJ. : American Telephone common finished up 1 7 a after posting a loss at the opening. Among others in . front were Western Union, Con solidated Edison, North American, American Tobacco "B," Liggett & Myers "B,'' US Rubber, Wes tinghouse, Air Reduction, Du Pont, Union, Carbide, Allied Chemical and Dow Chemical. On the offside were US Steel, Bethlehem, NY Central, Southern Pacific, Great Northern, Texas Co., General Motors, Sears Roe buck, Douglas Aircraft, United Aircraft, Johns-Manville, Cerro De Pasco, US Gypsum and J. C. Penney. j "Strictly Private" By Qiiinn Hall Hop Growers Plan to Use Old Burlap A program to secure used bur lap from brewers over the nation was decided on by the hop grow ers emergency supplies, committee . at a meeting here Thursday. They will notify brewers to send all such burlap to Clifford W. Brown vcompany in Salem, where it will - be reconditioned for use by the growers. A hunt will still be con '.tinued for substitutes as this plan is not expected to take care of the 1942 need. j . . -.. under the supervision of the committee extensive baling tests are being made on the possibility of using lighter materials with heavy strapping. DEAR MOA-U- ONE OF THE GUVS THINKS ICS T QU A IDEA- rETWMKS THE VMCtE O0UUO B LOCflfcD NEXT TO INCHES m BE AUjOST IMPOSSia-TD KEEP FEilESS XWM UP vdur. son ft P.S.1 SUPTC6E HE NUI5 ABOUT SEASUS Wife WM rwiim Price Levels 3rd Higher For 1942 CORVALLIS, May l-(ff)-Price evels are one-third higher than a year ago for Oregon farmers 140 per cent of the 1935-39 average, the Oregon State college extension service reported Thursday. The state level, while still below the national average, is still on the increase although the nation wide price trend already has taken a downward turn, the service said. Meat animals and wool are bringing especially high prices for the state's farmers. In mid-March beef cattle and veal calves were 64 per cent above the 1935-39 average, hogs; 49 per cent, lambs 46 per cent and wool 58 per cent' As of the same time, the farm price of wheat was at 80 per cent of parity exchange value while corn was 83,1 oats' 88, barley 68, rye 60 and hay 63. Milk and eggs had a purchasing value of 99 per cent of parity. Chickens had 107 and Turkeys 93. Quotations at Portland Produce Exchange PORTLAND. Ore.. May 1 (AP) Butter Prints, A grade, 3',ic in parch ment wrappers, 44aC in cartons; B grade. 43,ac in parchment wrappers. 43',ic in cartons. Butterfat First quality, maximum of .6 of 1 per cent acidity, delivered in Portland, 42 a -43c lb.; premium qual ity, (maximum of .35 of 1 per cent acidity), 43a-44c lb.; valley routes and country points, 2c less than first, or 41c lb.; second quality at Portland, 2c under first, or 40'a-41c lb. Cheese Selling price to Portland re tailers: Tillamook triplets, 28','aC lb.; loaf, 29,2c lb. Triplets to wholesalers, 26'ac lb.; loaf, 27 'a c f. o. b. Tillamook. Eggs Prices to producers: A large, 28c; B large, 27c; A medium, 26c; B medium, 25c dozen. Resale to retailers, 4c higher for cases, cartons Be higher. Portland Livestock Wheat Quota Vote Today WASHING TON, May 1-7P) Farmers in '40 wheat-g rowing states will decide in a referendum Saturday whether to continue the agriculture department's authority to tell them how much wheat they may produce and sell. . The crop control ' referendum will be the first held on a food product since the United States ' became involved in a war which has greatly increased the demand for agricultural products to supply the needs of , this country and its allies. ! Approval by at least two-thirds of those voting is required for their continuance. CENTRAL!, HOWELL The voting by farmers on the wheat quota. is. to be held today at the school house. The corrjnitte in charge consists of Clarence Sim mons, Albert Mader and Henry Both. j AAA 'Announces New Features for Wheat Insurance CORVALLIS, May l-;p)-Fed-eral all-risk insurance for 1943 will have two new features, the State agricultural nriit ictmont ad ministration announced Thursday -inree-yeat crop insurance and a simplified premium rate plan ' Oregon growers who insure . , their 1943 wheat crops automatic - ally will cover their 1944 and 1945 crops with the privilege of entering into a new contract if : yields change to their advantage. .; i-remium rates will be determined on a basis similar to that used ; xor other types of insurance. . T. ----- --. Historic Date Nnfe.1 - PORTLAND, May l-(T)-The Mth anniversary of the first pro- '. : : i . . , rjsjuiitti nuvtrnmenv in trie Ore i on territory will be observed here Sunday by pioneer groups. ' v u y !-. Dr. TUM N.U Or G Chan. NU DR. CHAN LAM ; Chines Mea'lctna Ca. ,. , -. . 14J NorU Uberty trtlr Portland General dec Co Ofic epen Tuesday a- Sa tarda -only 1 . to 1 p.m.: t I I p.m. Consultation, Blood pressor and arinc tests art free of cnarga. ' IJ Tears ia Business! PORTLAND. Ore.," May 1 (AP) USDA) Hogs: Salable 150. total 300. Barrows and silts Gd-ch. 140-ltiO lbs. ......S12.75 13.85 Gd-ch. 160-180 lbs. 13.50 14.00 Gd-Ch. 180-200 lbs. 13.75M14.50 Gd-ch. 200-220 lb. 13.50 14.00 Gd-ch. 220-240 lbs. .. 13.25 (a 13.75 Gd-ch. 240-270 lbs. 13.00 & 13 50 Gd-ch. 270-300 lbs. .. 12.75 W 13.25 Fdr. pigs, gd-ch. 70-100 lbs. 12.00 13.00 cattle: salable so, total 150. Calves: Salable 25; total 50. Steers, good 900-1100 lbs. 12.50013.10 do medium 750-1100 lbs. 11 0012.50 do common 750-1100 lbs. 9.2511.00 Heifersv gd. 500-900 lbs. 10.50 ii 11.75 ao mea. ow-oo iu.su ea 12.00 Cows, good, all weights 9.5010.25 00 medium, all weights 8.759 9 50 do cut-corn., all wts. 7.00( 8.75 do canner, 'all wts . 6.00 6i 7.00 Bulls (ylgs. excld ), beef, good, all wts io.50ll.Z5 do sausage good. aU wts. 10.2511.00 do medium, all wts 9.25 10.25 do cut-com, all wts. 8 00 92i Vealers, gd-ch., all wts. 14.00 15.50 ao com-mea.. all wts. ... 8.00 t 14.00 do cull, all wts 7.00 9.00 ShecD: Salable none, total SO. Ewes (shorn) gd-ch, 6.000 6.75 do, com-med . 3.50 6.00 Lambs gd-ch 12.75 13.00 do med-gd ll.OOis 12.50 do common . 9 00 10.50 Hay Selling price on trucks: Alfalfa. No, 1, 21.00 ton; oaf-vetch, 14.00 ton. Valley prices: Willamette clover, 10.00- 12.00 ton, valley points; timothy, east' em Oregon. 22.00 ton. Portland. onions Oregon, S3.79-4.00 per SO-JD, sacic; sets, zsc ip. Potatoes, old White locals, 2.00-2.20 cental: Deschutes Gems, 3J5 cental; Yakima No. 2 Gems. 1.40 per 50-lb. bag; Klamath No. 1. 3.40-3.50 cental Idaho No. 1.' $3.40 cental. Potatoes, new Shatter (Calif.). White Rose, 11.50 per 50-lb. bag. Country meats Selling prices to re tailers: Country killed hogs, best butchers. 129 to 149 lbs.. 18',i-19c lb. vealers, fancy, 23c; light thin, 15-18c lb.; heavy, 16-nc; canner cows, 14c; good cutter cows. 15c; bulls, 16-17C lb.; yearling lambs, 19-20c lb.; ewes, 4-12c lb. Wool 1942 contracts. Oregon ranch, nominal, 34-37c lb.; crossbreds, 40-42c lb. Mohair 1942 12-month. 45c lb. Hops Seed stock, 1941 crop, 40c 1942 contracts. Fueeles seedless. 40. 47c lb. Clusters, seedless. 38-41 ic lb Seeded clusters 40c lb. Cascara bark 1942 peel, 15c lb. Stocks and Bonds May 1 ComoUed bViThi Aaaoelatl Pr STOCK AVERAGES : 30 IS IS . 60 ! Indus Ralls Util SUs Net change A .4 Unch A .6 A Friday U 47.3 15.4 Previous day 4J 46.0 15.4 Monm ago a o ion Year ago U 65.0 16.8 1942 high N.0 17.6 1942 low u, 46.0 14.7 22.3 21.7 23.2 30.8 27.3 21JI 33.1 32.7 34.6 39.3 38.7 32.0 BOND AVERAGES i 20 10 10 1 Rails Indu Util Net change ..A .1 Unch A 3. Friday 65.1 103.4 84.1 Previous day Month ago Year ago . 1942 high . 1942 low . 94.2 65.0 103.4 S4.0 65.S 103.4 95-2 65 8 104.5 101.3 65.6 103.5 100.6 60.8 102.6 93.6 10 Frgn 48.2 47.8 45.5 43.5 48.2 41.5 Hop Market Shows Firm Tone; Oregon Has Labor Scarcity The hop market situation on the west coast continued to be featured by a very firm tone during the week ended April 29, the department of agriculture said.; Prices to growers ranged. from unchanged to slightly higher as compared with the pre vious week. Continued heavy do mestic usage, restricted imports and small stocks remaining in the principal west coast producing areas, contributed to the firm market tone. Trading in spot hops remained at a standstill because of negligi ble supplies, but increased quan tities of 1942 hops were contracted for future delivery. Progress of the new crop was reported rather irregular in all the producing areas of the three west coast states and generally somewhat back ward. Increased difficulty in se curing sufficient labor for spring work in the hop yards was re ported from all areas. Oregon markets were very firm with a good demand for light offerings by growers. Trading was rather limited al though a few new contracts cov ering 1942 hops were reported. Dealers were offering around 40 cents per pound to growers for regular seeded 1942 hops, but offerings were light at this price, since most producers were holding for higher values. Contracts at 47 cents down to 40c per pound for seedless Fug gles from the 1942 crop were reported. Dealers also reported bids of 46V& cents down to 38 cents per pound for seedless Clusters, according to seed con tent at time of delivery, but growers appeared unwilling to accept these offers. Trade reports continued to in dicate considerable irregularity in the condition of the 1942 Oregon hop; crop. Weather has not been favorable recently and generally the 'crop is backward for this sea son! of the year. Labor is scarce, less experienced and somewhat mote expensive than average of other recent years. Training of the vince is under way with plow ing and cultivating well along in most yards. No frost damage has been reported in this state but considerable downy mildew infes tation has occurred. The comparatively heavy con tracting by growers of their prospective 1942 hop crop is In dicated by the foUowtng figures recently given out from the office of the hop control board at Salem, as of March 15, 1942. For Oregon, 8,587,900 pounds; for Washing-ton, 6,298,000 pounds; and for California 5, 334,000 pounds; for a total of 20,219,900 pounds. These esti mates do not include aU grower-dealer contracts. Wool in Boston BOSTON. May 1 (AP) (USD A) There was some buying of domestic bright fleece wools of medium three- eighths and one-quarter blood comb' ing grades at 52-53 cents, scoured basis, on the Boston market today, mostly for mills manufacturing blan kets on government contracts. Demand for: auarter-blood territory combine wool was fair at 95-98 cents, scoured basis, for worsted yarn. Fine loreign wools sold in small weight lots at un changed prices. Board Defers Choosing New Nut Manager Because of the possibility of se lecting a man who might be called into the, army in a short time thus necessitating another selection, the board of directors of the Sa lem Nutgrowers association Thurs day night deferred choosing a new manager for the cooperative to re place M. P. Adams, who-resigned recently after 27 years service. They considered a number of ap plications. " The boards will consult the draft board las to the status of each of the applicants before making a de cision. I " A. ii Pa'ge, president, and . J. Allen, I vice-president, were re elected for the coming year. C. A. Ratcliffe was named temporary secretary, an office held by the manager, to act until one ; is se lected. Page, Allen and T. T. Leonard were named d elegatesto the North Pacific Nutgrowers associa tion, selling agents for the cooperatives. Produce Mart Prices PORTLAND, May 1-P)-Rhu-barb advanced 15 cents - on the Farmers wholesale market Fri day, ( shoving the price up to 75 cents the apple box as buyers clamored for limited supplies in most produce lines. 1 Asparagus, priced around $3.25 pyramid, was 'sold before the sup plies arrived and many buyers went unsatisfied. Spinach . sold as high as, 41.40 orange box, but thebulk moved around $1.25. Radishes were snap ped up quickly at prices ranging from 25 to 30 cents dozen bunches -and above. Green onions also met keen demand with prices spread from 35 to 40 cents dozen bunches, mostly 40. Cauliflower Is brought to $1.35 , crate and and 2s sold around $1. Mustard greens held to 40 cents dozen bunches. j The dry onion supply was boil ers only which moved quickly around $1.50 foriiOs. Potatoes sold at $2.25 for Is in 100-pound bags and 80 cents for 2s in 50s. Houthouse tomatoes were lim ited in supply, selling around 25 cents pound. j id The money you need is available to you here and now. j Inquire today at our con venient address about our personal loan service! f For Money In a Hurry St State' Finance Co. 344 State St. Lie. S-213, M-222 Phone 9261 iTi -ii - ;'ti liraii a i .fun f,, , , (tg, j n ,ini BARNEY GOOGLE A Rejection By BILLY DeBECK Portland Grain PORTLAND. Ore.. May 1 APi yheat Open High Low Close My .96 .96 96 .96 July S1V .97',i '.974 .974 Cash grain: Oats No. 2 38-lb. white, 40.50. Barley No. 2 45-lb. BW, 31.00. No. I flax, 2.46a. Cash wheat (bid): Soft white. 97; soft white excluding Rex, 1.00; white club, 1.00; western red, 1.00. Hard red winter: Ordinary, 95: 10 per cent, 99; II per cent, 1.05',i; 12 per cent, 1.09"j. Hard white Baart: 10 per cent, 1.08; 11 per cent. 1.12; 12 per cent, 1.16. Today's car receipts: Wheat, 27; flour, 3; com. 3; millfeed, 9. Portland Produce PORTLAND, Ore., May 1 (AP) Live poultry Buying prices: No. 1 grade Leghorn broilers, under l'i lbs., 19c: over Hi lbs.. 19c: fryers. 2',i to 4 lbs., 23c: under 2',i lbs., 19c; roasters, over 4 lbs., 23c; colored hens, 23c; Leghorns under 2't lbs., 18c; over 3i lbs.. 20c; No. 2 grade hens, 5c lb. less; roosters. Sc. Dressed turkeys Selling prices: Hens. 28c; toms. 26-27c lb. buying prices: Toms, 24-25c; hens. 25c lb. Rabbits Average country-killed. 30 32c lb.; city-killed. 33-34c lb. Wheat Price Rise Lively i CHICAGO, i May l-)-Wheat prices jumped as much as 2 cents a bushel Friday following an nouncement of the loanrate for the new crop but profit taking reduced the gain. j Other grains shared in the re vival of buying, corn advancing more than 5 cents, oats a cent, rye 2 cents and soybeans almost 4 cents at one stage. Wheat closed higher than Thursday, May $1.20 -V, July $1.23-. The 1942 loan rate, which will average $1.14 a bushel on the farm, was in 'line with expecta tions but the announcement came earlier than many traders had ex pected. This average will be 16 cents higher than the loan for 1941 wheat while j the Chicago basis for No. 2 grades of hard and red winter at $1.32 will be 17 cents higher. No spot wheat sales were made Friday but quotations post ed Thursday were about 13 cents under the 1942 loan rate. July wheat closed . more than 8 cents under. Some traders said professional buying apparently was to cover previous short sales but they ex pressed belief mills also were more active while flour business was expected; to improve. Grain men j expect wheat pro ducers to approve the quota Sat urday inasmuch as the loan rates would not be available if any ad verse vote was cast. l i i Salem Market Quotations The prices below supplied by a lo cal grocer are indicative of the daily market prices paid to grtwers by Sa tem buyers but are not guaranteed by The Statesman: ' VMiKTAHln Asparagus, doz. Cabbaee Carrots, doz Cauliflowei. -crate celery, green .. Cucumber hothouse, dry Garlic, lb ... i , Onions. 50 lbs. , Onions, green Peas Potatoes, 100 lbs, No. 1 new.. Potatoes, No. 2. 50-lb. bag Potatoes new RadiahM. Am Rhubarb, fancy 12S 3.00 .60 1.50 2.73 1.00 .18 3.50 .40 .09 3.75 1.10 .04 .35 .02 .12 Tomatoes, California" uRAlN, HAT AND SEEDS (Bnyiae Prices) Oats, No. 1 35.00 to 36.00 Feed barley ton 33 00 to 35.00 Clover hay.' ton 13.00 A I fa If a hiv.-.tmi is M tA si ru t- . - . . av.vv w v.vw uairy ieeo, ao-io. bag Hen scratch feed- Cracked corn Wheat 1.7S , 2.25 2.40 40 titiU AND mni nt (Baying. Prices f ABdresea't) ?,i-bJ-.V- Change without Notice l BUTTERFAT Premium - ; '.- : 45 No, 1 -1 :a4; No. 2 BUTTER PRINTS. (Baying Prices) a ..: B .41 l .43i .42b .44i '. XI : .27 i. ,. 2 34 : .18 .18 J21-!" 32 ,. J , is (Bay tag Prices at Marlon creamery 1 - isuDiw w iuaJKr rinout notice! BUTTERFAT Premium - .45 t No. 1 ,.-.-., .44 . Quarters - EUG8 Extra large white . Extra large brown Medium Standard Pullets : ,. , .. . Cracks Colored hen Colored Irys White Leghorn hens . wnite Leghorn fryt EGGS Large A U Large dirty extras Large B Medium A 4 Medium B S Pullets Checks and under gTades . Colored hens i f , Colored fryers i Leghorn fryers j eghorn hn btags n 23 34 35 33 J8 2 J9 21 .17 J J2 M Old roosters No S Doultrv : OS 1 s LIVESTOCK, i i I Buying prices for No. 1 stock, based on conditions and sales reported cp to 4 p.m. I . Top lambs 12.00 Hogs, top, 160-225 lbs. Sows Veal, top Dairy type cows . Beef type cows . Bulls Heifers Dressed veal : i HOPS f i (Buying Prices) Seeded i 1943 contracts- . WOOL AND MOHAIR Wool . :; , Mohair 4 00 to 00 - 13.00 to 13 25 10.00 to 10.25 13.50 to 14.00 . 7 -SO to 8.00 8.00 to 9 00' - 9.00 to 10.00 7.00 to 9.00 30 to 43 45 :3 ss Try iHit Chinese remedies. Anaxtng 4 SUCCESS far 5044 years tn CHINA. Na natter wit what ailment yon art AFFLICT ED disorders, snnslUs. heart laag. liver, klaaayt, staaiaeh. tas, constipation, c leers. dU etis, fever; skin female cam alalnis i T Cliarlie Chan Chinese Herb Co orfice Honrs Only Taes. and Sit, 9 a.at to a.m. and Sua and Wed S - to !-. bjb 121 N. Com L St Salem. Or. 0P UTOS iD YrCTC0GrVPrS POUR VJ FR01A WL ?nKS 0 TWE COMHTRY -VCEEPitA HrVPPM'CUlBS tN!RSa WRWHAd W KW CWfiPS YROA CO?C tO C0rYT fcNtf GXrU. VVrV B-COUE; tV VJEV53R U C50D SOURER ONCE r VJVC - JMST SEVi MOSR WrVUCrTOOU to SAiWH WTO S'LL clV-ot thtj rust t i t twrs wpcm -vf x x Mo-a euRl Corf tint Vwtm i inc.. Wofffi ngfrrs rrwH. 1 tgttMg t f ii, ,!) 11 TV ' t v' B -t V--.:V ?. A 9ME OTOR OuT P-OVM' -VV VVGW VlK) TWo TlE THE LONE RANGER A White Washed Reputation By FRAN STRIKER (MY TUNNEL BLOWN TO BITS X " V ( SO THAT!S WHY THE MASKED MAN VAS HANG1N JgP -as. t TV laar 9Uar. 9a D-aia-lo. ha llaai rc-to- Iq-W, . GOOD THINS Y3U SHOT THE LONE RAN6ER PA. ALL ALONG YOU'VE BEEN ACCUSING ME OP BLOWING UP THE TUNNELS AROUND AND ALL THE TIME, ftS BEEN TH15 MASKED MAN.' & LIKE TO PUT . ANOTHER BULLET IN rllfA I tWO WUAT Tl 7 I UaSkl i Ou tvf fttccti-r-.v-a. a.i 5f 55 MICKEY MOUSE The Dope of the Hour By WALT DISNEY rCKAX VOUTWQYCXJeoy WAIT A MINUTE! FT0 MNNIE! TrU?Tlffii ( IVE GOT A liKlMAWnXLV Y SOREYf MY DEAR, TOLrVE IAAAX3INE! TW ONLY V ON CT TOR -THE ULjeroOjW W lyjAL JJS HUNCH WEIL J iof tVE W .GWBi US THE MOST , jlMHD tN TOWN THET, J) !CE feFw5uiSn rlloSS-Li FIND ALL THE f ' CM&ZD SUCH 1 EXCITING SEASON COULONT 6-S Xssg t . -QECM'. Jl W T--sf AN ACCCUNTING! BOUGHT m1 JEWELRY-AT jj i. SsiINTHE VVE1L NEVER J f EVER SUSPECTED YXl&Y2Gri M ,JEjN SSar-- Jf MINNIES HOUSE, .WSj Q SOOAL MrPTrX TlWGUaUXyCpfr . SOI-XL LITTLE ANNIE ROONEY Two Faces at the Window By BRANDON WALSH fv Sv I iAav : rBBaapt Hod : r2.inc-iu-i ...-..-,.-..-...... Jh)di. aiaiai9Pi"i - ' ' xEHSfmmm V? DUW0 wHyTry say ix ewttheydo tiSt-a - -Bln - RAW IS GOOD FD2 VSEX4BtES B BBa - ".a. - - . i G-E.fTSCAWlM' r iw itnM. i mi LJ "-yam tA3i to. SKtALLYIMCAN IHAI UUbS urri9- t i . nm n , nc isc muin uutm uui m 7HE5Ky UKC KAWLWJR5 S Em m r IF THE CACTOTJAN-OKONS LPANDIE BUTWHEN IT RAWS. THE VEtXBLE- h FtEI GLAD AU. 0VTR-. mi AN Try5RCTQMWN' FAST AS UGHTNWG-SO THATS WW WHEN RAINS, ALLTHE KIDS WHO OWN VICTORY FARMS ARE $0 HAPPY THEY JUMP UPAWDOWJJ HURRflYV ' WW. i r'nS f . llrHltH I wi t a- i BW -va a a -B CTisr.:, 1 'gJjT 1 fZ)ARREUJ 1 THIMBLE TIIJlTILEtcaTiirj Popej So That's Setting. Too lOJVE AKT AUNT JONES 1 pQKn' Kfgoua much -d . - ADAi r M LUe LUILL MEED MOMMA CAREV LU'EMTHE kESKLtf46rS HATCH JbOOSKS, SAIL) SOMETTHiM J T- vif--r " I -i A .. f f I ft m JS -ISil I DC?snr B -SILUV. TH1 I YTT AlMT THE Y A FLA6j? ) OH, rS THAT ALL? 1 CAME UP OVER THEEE ALLUrrfe IM SUN4, OSCAT2-- VTCOrrTOOMtNcO 'WOT IM THE - rT Al FLA T I AA RrSK 5UM J fupcRU' -v this Me : 11 - sSLi -l ISA 2 . - - . ; Tif - r i-rnai ! . n . ' - - - - i r-..-