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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (May 6, 1942)
Financial Markets mics Co TTV - Farm -! vrv FTfHT T ' ; 4 ' J 1 Th OREGON STATESMAN. Salem. Oregon. Wednesday Morning. May 6. 1942 ' " - ' ' ' W : " ; Issues Higher But Irregular Steels, Motors Lead ; Recovery of Fractions ' NEW YORK, May 5-(!P)-Irreg-tilarly higher tendencies ruling, in the stock marker Tuesday, with Bteel. motors and specialties ac counting lor recoveries of frac tions to a point or more. Recently buoyant utilities on the big board inclined to waver at the start and" rails, aircrafts and coppers . were in difficulties the greater part of the time. While plus marks were well distributed i at the close, numerous issues nn ished under water. Dealings were sluggish. The Associated Press average of 60 stocks was up .2 of a point at 33.6, after being unchanged Mon day. - 'T Transfers totalled 272,900 shares against 259,711 Monday. Of 590 Individual stocks traded, 227 were up, 177 down and 186 unchanged . The British initiative at Mad- agascar aided sentiment to some extent, brokers said, although the news of war and business general-1 ly provided scant speculative or investment inspiration. Bidding, as in the past week, apparently still was based on the belief the list was due to further technical Improvement because of its lengthy retijeat. Allied chemical was up 2 points on a light turnover. Lesser advances were retained by US Steel, Bethlehem, National Steel, General Motors, Chrysler, Amer ican Can, Du Pont, Philip Morris, Westinghouse, US Rubber, Amer ican Telephone, Standard Oil (NJ), Armstrong Cork, American Tobacco "B," Oliver Farm and Montgomery Ward. . Stock Trend Is Reversed CHICAGO, May 5-(;P)-Moder ate short covering operations in the final minutes of trading Tues day reversed the downward trend in wheat and corn futures and prices of virtually all deliveries closed at or near the day's best levels. , Throughout the session prices clung to a stubbornly narrow range, fractionally "under Mon day's closing levels. Veteran trad era said the reaction was a natural one after five successive sessions of higher prices. The volume was meager and most traders seemed inclined to take a position on the sidelines, awaiting' some definite trading incentives. Wheat closed unchanged to Va cent higher than Monday, May $1.21, July $1.24-; corn was higher to Va lower, May 85, July 88A, September 90-; oats unchanged to up; rye un changed to down; soybeans Ya to 2 cents higher and lard un- - changed. " Produce Mart Prices PORTLAND, May 5-(P-The East Side Farmers' Wholesale market exhibited the usual Tues day dullness Tuesday. Supplies were light, there were few buy ers and prices showed some weak ness. apinacn, in iair volume, was chiefly $1.00-10 orange box al though some moved up to $1.25. Asparagus was $3.00-25 pyra mid for Is and $2 for 2s. Rhubarb was to 75 cents apple box with a few 15s at 35-40 cents. Supply was unusually light. Radishes were mainly 30 cents dozen bunches. : ' Mustard greens held to 40 cents dozen bunches. Green onions were 35 cents with few to 40 cents dozen bunches, Dinner Compliments Birthday Anniversary 5ILVERTON rMr. and Mrs J-imer Johnson were recent din- ner hosts in "compliment to Mr, . Johnson s mother, Mrs. Ingeborg . Urmbrek. The occasion was Mrs, Ormbrek's 70th birthday anniver sary. Covers were placed for Mrs, Ormbrek, Mrs. H. E. Steen, Mr, ana Mrs. Theodore Hobard and "Lawrence and Diane, and Mr. and Mrs. Johnson. Stocks and Bonds - - ' ' May S ;- ' . Complied by Thr Associated Praa TOC AVERAGES ' is IS 0 . . ' . - "Jul Ralls Util SUca rw cnng a 2 Unch D J A . Tuesday .;.,,.... 46 13.S 22.1 33 Previous day 47.7 - 1S.S 23 0 33 nornn ago 501 ' 16 1 23 X 34 imt m .... , se.v n. m . 30.8 40 . 1M1 highj 66 0 17.S 27.3 38 1843 tow 46.9 14.7 21.1 32 BOND AVUAGE - . ... ..... ... - 20 :- 18 10 Util 14 Rails Indui Prg Net change Tuesday - (4.8 Previous day 64 Mogth ago . ',' ,. 65.S. Year ago S6.5 1942 high 65.6 1842 low 60.1 D I A A Unch S4.4 v 47.7 94J 47.7 9St 43 5 103 S 103.6 103.4 104.5 "101.4 43.4 103.8 100.6 48J 102 J . B3.I 4U GflSCO BDIQUETS Bay Now Pay Sept. 1st SICtYDER -THUC2 AIiD TRANSFER 223 S, Cottait St "Strictly Private" ft. ONE. CS TH 60Y-J-TH' CORPORAL. SACA v4&&'Z&S IF I FELT U&4 ggflUEfcH AAEALS VtoUt) FoO y yj7& DEAR MOM 0UR SAR6& SVWS HE'S GOING T)JW & GET AEIKDTrE AAANIDWN tGPZ. W Tl KPT -SUFfU-STHE -m VUAA PEPT ttUT R tr THEM? 1Mi WtrlJ ftaton Salem Market The prices below supplied by a lo cal grocer are indicative of the daily market prices paid to growers by Sa lem buyers but are not guaranteed by The Statesman: VEGETABLES Asparagus, doz. Cabbage Carrots, doz Cauliflower, crate Celery, green Cucumber hothouse. . 1-5 . 3.00 . .60 . 1.75 . 2.75 . 1.00 . J8 dry Garlic, lb , Onions, 50 lbs. 3.50 .40 .09 No 1 new 3.25 50-lb. bag 1.25 .04 .35 .02 Onions, green Peas Potatoes, 100 lbs Potatoes. No. 2, Potatoes new Radishes, doz Rhubarb, fancy Tomatoes, California . .12 . 2.00 Strawberries doz. .. GRAIN, RAT AMU SEEDS (Buying Prices Oats, No. 1 35.00 to 36.00 Feed barley, ton 33.00 to 35.00 Clover hay. ton 13.00 Alfalfa hay. ton 18.00 to zo.uu Dairy feed, 80-lb. bag , , 1.75 Hen scratch feed 25 Cracked corn 2.40 Wheat SO EGGS AND POULTRT (Bay ins Prices of Andreien'i) (Subject to Chang Without Notice) BUTTERFAT Premium .46 No. 1 . .45 No. 2 - .42 BUTTER PRINTS. Buying Prices) A .44'. B A3Va Quarters - .45Vs Extra large white Tl Extra large brown .27 Medium . .20 Quotations at Produce Exchange PORTLAND Ore.. May 5 (AP) Butter Prints. A grade 44',ic in parch ment wrappers, 45',2C in cartons; B grade, 43',aC in parchment wrappers, 44' ac in cartons. Butterfat First Quality, maximum of .6 of 1 per cent acidity, delivered in Portland, 44-44',ac lb.: premium qual ity, maximum of .33 ol 1 per cent acidity). 45-45',ic lb.; valley routes and country points, zc less man iirsi or 42' oc lb.: second quality at Portland 2c under first or 42-42',ac lb. Cheese Selling price to Portland re tailers: Tillamook triplets. 28',2c lb.; loaf. 29'ic lb. TriDlets to wholesalers. 26VaC lb.; loaf, 27'iiC f. o. b. Tillamook. Eggs Price to producers: a large, 28c; B large, 27c; A medium. 26c; J medium, 25c dozen; resale to retailers, 4c higher fox cases, cartons 5c higher. Portland Livestock PORTLAND Ore., May 5 (AP) (USDA) Hoes: Salable 350. total 400. Barrows and guts Gd-Ch. 140-160 ids Gd-ch 160-180 lbs . Gd-ch. 180-200 lbs. Gd-ch. 200-220 lbs. Gd-ch 220-240 lbs. Gd-ch. 240-270 lbs. .. Gd-ch. 270-300 lbs. $12.75613.50 13.25 13.73 13.75 13.85 13.35 13.75 13.154a 13.60 13.00013.35 12.75 13.25 Cattle: Salable and total 100. Calves: Salable 23. total 50. Steers, good 900-1100 lbs. 12.2513.25 do medium 750-1100 lbc. U.oo( iz.zs do common 750-1100 lbs. 9.25 W 11.00 Heifers, gd. 500-900 lbs. 10.5011.75 8.50 10.50 9.506i 10.50 8.75 9.50 do med. 500-900 lbs Cows, good, all weights do meaium, ail weignts . do cut-corn., all wts. do canner, all wts 7.00? 8.75 6.00 7.00 10.50 11.25 10.25i 11.00 9.25 10.25 8.00& 2S 14 00 (ff 15 50 Bulls (jigs, excld ), beef. good, all wts. do sausage good, all wts, do medium, all wts. do cut-corn, all wts. Vealers. gd-ch , all wts. do com-med., all wts. do cull, allwts Sheep: Salable 150. total 9.00 14.00 7.00 U 9.00 300. Ewes (shorn), gd-ch. 5.00 & 5.75 do, com-med 2.00 5.00 l-ambs gd-ch- , 11.004? 11.50 do med-g 9.50a5 10.75 do common r 8.50 ft 9.50 Portland -Produce PORTLAND Ore- May 5 (AP) Live poultry Buying prices; No. 1 grade Leghorn broilers, under l', lbs., 19c; fryers. 2", to 4 lbs.. 23c. under 2'i lbs., 19c; Leghorns under 2'k lbs. 18c; over 3"? lbs., 20c; No. I grade nens. ac id. less; roosters, sc. ; Dressed turkeys Selling prices Hens, 27-28c; toms, 26-27c. Buying prices: lomi, z-zac: nens, 23c id. Rabbits Average country-killed. 30- 32c id.; city-kuiea. -34c lb. Hay Selling price on trucks: Alfalfa, No. 1. 22.00 ton: oat-vetch, 14.00 ton. Valley prices: Willamette clover, 10.00 12.00 ton, valley points; timothy, east ern uregon. za.oo ton. Onions Oregon, .504.00 per 50-lb, sack: sets. 25c lb. Potatoes, old White locals, S.00-3.30 Dr.T.T.Lam.NJ9 Dr.G.Cbaa, NO DR. CHAN LAM Chinese Medicine Co. tU Nertk Uberty ? 6 Dpstatrs Portland General Elee. Co Office open Tstesday as4 Saturday s-Jy It ao-u to 1 p-sb-s to 1 svm. Consolutioa, Blood pressure end arlne tests m trot of charge. 2S Tears la BosImm! I lI f immrinSmm By Quinn Hail ACNSOF SUPPORT-. VbUR sow s-s Quotations Standard 2 .18 .18 l .22 .16 Pullets Cracks Colored hens Colored frys White Leghorn hens White Leghorn frys .18 (Baying Price ot Marion Creamery) (Subject to Chance Without Notice) BUTTERFAT Premium ,. .46 No. 1 i .45 No. 2 , .42 EGGS Large A 7 22 -4 35 23 .18 21 .19 21 J7 J6 J2 .08 Large dirty extras Large B Medium A Medium B Pullets .. Checks and under grades . Colored hens Colored fryers , Leghorn fryers Leghorn hens , , btags Old roosters - No 2 poultry OS less. LIVESTOCK (Buying prices (or No. 1 stock, based on conditions and sales reported up to Top lambs 12.00 Ewes . . 4.00 to 5 00 Hogs, top, 160-225 lbs 13.50 Sows .'. 10 00 to 10.25 Veal, top 13.50 to 14.00 Dairy type cows 7.50 to 8.00 Beef type cows 8.00 to 9.00 Bulls 8.00 to 10.00 Heifers 7.00 to 9.00 Dressed veal 20 HOPS (Buying Prices) seeaea 1942 contracts .38 to 43 WOOL AND MOHAIR Wool 43 43 Mohair Portland cental; Deschutes Gems, 3.35 cental; Yakima No. 2 gems, 1.40 per 50-lb. bag; Klamath No. 1, 3.40-3.50 central; Idaho, No. 1. 3.40 cental. Potatoes, new Shatter (Calif.) White Rose, 1.70 pen 50-lb. bag. Country meats Selling prices to re tailers: Country killed hogs, best butchers, 129 to 149 lbs., 18-19C lb.: vealers, fancy, 22',i-23c: light thin, 15- 18c lb.; heavy. 16-17c; canner cows, 14- 15c; good cutter cows, 15c lb.; bulls, 17-172c lb.: yearling lambs. 19'i-20c; 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, fuggies. seedless. 40-47C id clusters, seedless, 38-46c lb.; seeded clusters, 40c lb. Cascara bark 1942 peel, 15c lb. Portland Grain PORTLAND Ore.. May 5 (AP) Wheat Open High Low Close May 96 .96 .96 .96 July M M M .98 Cash grain: Oats No. 2 38-lb. white, 41.50. Barley No. 2 45-lb. BW. 31.50. No. l ziax, z.4t',2. Cash wheat (bid): Soft white. 68V, soft white excluding Rex, 1.01. White Club, -,01'i. western red. l.0l,. Hard red waiter: Ordinary. 97',i; 10 per cent, 1.00; 11 per cent, 1.07; 12 per cent, i ll. Hard white, 10 per cent, 1.09; 11 per cent, l.ia: iz per cent, l.n. Today's car receipts: Wheat, 24; bar ley, 1; flour, 2; corn, 2; millfeed, 2. May Day 'Exercises v In Auditorium ! DAYTON 13ecause of Inclem ent weather the May Day exer cises, scheduled to have been held in the city park, were held in. the auditorium Saturday. The sports and field meet tp hav,e been neld in the afternoon werecancelled. The May bay play 'Peck's Bad Boy". was"eiven at night: n the audHoflurn:- Mrs. Ruth Kfridand-q Hole was crowned May! Day queen. " j Watch for something new, timed to the beat of the times, a flying comic strip that ail boys and girls will pick as their favorite, that will appeal to : grownups, too, starting on this page in The Snnday Statesman. - i .'' . . .. '.! . , 1 City Council Plans Revision Of Ordinances SILV ERTON Nineteen city ordinances, ip for their first reading, kept Mayor Reber Al len, City Manager E. K. Burton, City Attorney Rex Albright and six councilmen in the city coun cil chambers Monday night un til well towards midnight The ordinances were revised from old ordinances, combining a num- oer oi tne same topic. They are a- part of the codification project of the League of Oregon Cities. Regular business as ''-Veil as the month's special - business also came up for consideration. In cluded was a raise of $15 a month to Charles M. Watson, park care taker. Mr. Watson works during the summer months and now gets $75 a month.: Mayor Reber Allen appointed his budget committee for the com ing budget meeting to include Tom Anderson, Norris Ames, M F. Conrad, Ed Banks, C. A. Hande, jr., and I. Ui Steward. The council members recom mended that W. L. McGinnis' ap plication for a beer license for the city ball park be granted. Mr. McGinnis is manager of the local ball team. Alf O. jtelson appeared before the city council asking if the city could do anything to further the obtaining of a stage line between Silverton and Salem. Council members referred Mr. Nelson to the chamber of commerce. Victor Grossnickle, chief of po lice, was present and thanked council members for courtesies shown him during his term as police. Mr. Grossnickle has re signed and will enter the serv- BARNEY GOOGLE VF VI VNRENfT FOR THE LONE RANGER MICKEY MOUSE CXAOM KKiOCPW. . .6JXP OUT THIS 9 EBAKRASSi; JEST I CTERDOOCE TUH TO LITTLE ANNIE ROONEY IP YOU THINK THE TRACKS OP VOUR WAGON WON'T PROVE THAT OU BLEW THE TUNNEL J J)P, WEJM50 HAVE WITNESSES I "-7 r -v v . . j i - imb wwm i wn wik wi - m m , wi ir m w. - . ' ' . . . - . w. mm . im . .. n.&rMv mr- - - ir m m i w i i m . . m . ih - . . k i i . . - r m I My inTLE GLE515 WHO 15 T CHILD TO BE TOO M GOOD ly X WOULWT UkzAM OF I YVmT (aOTTpTEUyOUI W4MTTDJ ( liKvA ' I Ift&ll I THE 5UE WD4GE YDUAE) THIN OR TOO FATA MDCN-J AD0PT1M5 TmCOD! 0UT5IDEAI A CHILD WITH WidWS. J iTOV1 t THIMBLE THEATRE Starring Popeye i i j; Excum IL P1om! -i . . - . - -r . ..' . j. . . a.c-j AWAP J&$ ViSfecr mah. here he is, amp my 6 ' ' 3 Cited by Roosevelt as War Hero - . A, Capt. Hewitt T. Wheless (above), as one of the war's greatest heroes, grins In Lot Angeles as he uses a toy olane to illustrate the little be would tell of his daring bomb ing attack on Japanese troop transports in the Philippines. Pilot Wheless and his four-motored bomber crew shot down 11 of 18 Jap anese olanes which attacked them and chased them 75 miles. The flier is 28 and a former Texan. ices of the state police about the middle of this month. Sugar Substitutes UNIONVALE "Substitute for Sugar" was Hazel Packer's sub ject at the April meeting of the MOW I .. 1ER DOSeONED right! the lone ran ger TOLD ME TUH SHOOT, 50'5 HE COULD f ALL AN' PLAN "POSSUM AN' HE TOLD ME TUH HAVE WITNES5ES M OP IT! M WHEN MUH NEW 1 - I I r YUH ALL glgHT, NJW, AAKJCfcYY 'l..JUB5-riMv!') ? Tf f PUT FDK A U1NJUTE f 3 sir -M .-i'- . ' i . - -.I singled eat by President Roosevelt , home demonstration unit held Wednesday at the Unionvale Ladies' Aid room. The next meet ing will be held at the home of Mr. and Mrs. Eugene Wilson May 27 when slip covers will be made for three chairs. A War-Time Commuter SUE&RD NVi - VMVKM fcCTCAf Mt &OT ?0R VNVVBMR ? n-r TucukA fSVT TQC llllKtMil Red-Hcmdedl VONPER ROCKS Gentle man Prefers Blonde I Bargain Counter-Attack! fiij?f ,JtP ?Jkr Farm Sold at Woodbuir WOODBURN Mrs. George AI- cher has sold her 10-acre fruit tract on Killin bridge road to John Nix' of the United -States navy. Nix, son of Mr. and Mrs. Chris Nix was home on leave and reportedly bought the farm as an investment His parents operate a farm a short distance east of the Aicher place. Mrs. Aicher plans to. locate in Woodburn this sum mer. Tom Higgenbotham of Wood burn, is organizing another coop erative transportation club to take defense workers to and from Portland. Higgenbotham is em ployed in a shipyard in Port land, Dayton Youth in Hospital After Accident DAYTON-i-Jack Shelburne, 18, son of Mr. and Mrs. John Shell burne of the Unity district, is in the McMinnville hospital as the result of the horse he was riding becoming frightened of truck Friday. Jack will be in the hos pital two months. IN A HURRY There is no personal or business emergency which we cannot help you meet with a conveniently, speedily arranged loan! Drop into our offices for full details . . . STATE FINANCE CO. 344 State Lie S-216 M-222 Phone 9261 V "C0ME ON.SHERIPF, SHOW Y W - ( WE'RE HERE. THI5 IS THE TIME WE CAUGHT M'Vl I V 'A (J C QUIT CLOWSIIN'. AMCKEYl I KNOW Housing Authority Speaks at Dall&s Chamber Meeting DALLAS Folger Johnson, Portland, federal housing admin istrator for Oregon, was the speak erFriday at the Dallas chamber of commerce. 1 Mr. Johnson ex plained the regulations governing houses in defense areas and the conditions necessary to meet at the Camp Adair defense area. Donald Gabbert spoke briefly in behalf of a petition for an initia tive measure to be placed on the November ballot for the aid and benefit of schools by diversion of the surplus state income tax. The bill would divert all money over $7,500,000 received annually from the state income tax to the schools of the state on a pro-rata school census basis. Will Entertain Society ZENA Mrs. Henry J. Neiger, Mrs. Clarence F. Merrick and Mrs. Lois Crawford, will be hostesses for the May meeting of Spring Valley Home Missionary society at the Neiger home Thursday at X p.m. A Mother's day program has been arranged. By BILLY DeBECK FER HE TCT HE EV1ER VJcN MORE ONE OP'EtA UMES tffc0VRE. "'0W.W v-wt -tc?t PACK. CV TOTrt By FRAN STRIKER By WALT DISNEY By BRANDON WALSH DONT FEELT00 BAD, 'WNiE-THELADy WANTED Buttle girl with long. COCDEN CUR1S.1 4M SURE THE LADY WAS MERELY THOUGHTLESS AND NEVER ' CEALI2TD THE CKUELiy OF , HER HASTY !