Financial
Markets
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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
!