Pfiirb Financial
Markets
Comics
P ' : Hi OREGON STATESMAN, Salem, Oregon. Saturday Morning. May 9. 1942 ' ' ' . "
ri-v ; . , , . r- . ,-
' ,11 I I
Industrials in
Small Upswing
' Few Set New Year's
I High; Telephone
Leads Session
NEW YORK, May 8-(;P)-Mod-est
recoveries continued for se
lected industrials in Friday's stock
market but the swing flattened
out appreciably in the final hour.
Activity and prices were best
t the start. Gains running to a
point or so for favorites were re
duced or cancelled at the last and
raifs and utilities generally were
lower.
The Associated Press average of
60 stocks was unchanged at 33.8
Of 618 individual stocks traded
287 were up, 152 down and 179
unchanged. Transfers totalled
313,209 shares against 343,250
Thursday."
Among new 1942 highs were
those of Chrysler, Goodrich com
mon and preferred and Goodyear.
NY Shipbuilding and Continental
Motors edged into new low terri
tory for the year.
International Telephone was the
liveliest performer in the wake of
announcement the export-import
bank had granted the company
" credit of $25,000,000 to acquire its
debentures and develop Latin
American properties. The issues
ended off V of a point at 2 Ms.
Prominent losers were Amer
lean Telephone, Union Pacific,
Anaconda, Union Carbide, Santa
Te, North American, Standard Oil
(NJ) and Western Union.
"Strictly Private"
ByQ
uinn
Hall
PEAR. A"OM-
TH4T UGW I SEEM BUNWM& UASWT EnEmY
Pit s W I GOT ItCX. WM
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i wrr get kd iWti..3usrA low, wddins-
TWtY HAD rta
our hezb . mom?
5-fr
Salem Market Quotations
The prices below supplied by a lo
cal grocer art indicative of the daily
market prices paid to growers by Sa
lem buyers but are not guaranteed by
The Statesman:
VEGETABLES
Increase Noted
In Income From
Specialty Crops
Oregon's farm income from spe
, cialty crops is steadily increasing
and at a considerably faster- rate
' than is the state's total farm in
., come, according to the newest
production and income statistics,
Just issued for miscellaneous spe
cialty crops by the OSC extension
service. r
The latest bulletin gives de
tailed statistics by counties on the
production of hops, fiber flax, flax
seed, peppermint, sugar beets,
'Sugar beet seed, vegetable seed
. and mustard seed for the years
1936 tQ 1940, and gives prelim
inary estimates on these crops for
1941.
Preliminary information for
1941 "Indicates that the Oregon
acreage of these miscellaneous
specialty crops, with few excep-
tions, was larger than in 1940.
With most of the crop sold at
higher prices, the cash farm in
come from these eight items is ex
pected to be correspondingly high
r than In 1940.
The new bulletin is one of a
series of five issued annually as a
result of the legislative provision
for detailed statistical work on
Oregon specialty crops, most of
which are not ..covered in the reg
ular crop reporting service. Other
compilations deal with small fruit
" crops, forage seed crops, specialty
. horticultural crops, and specialty
animal products.
Asparagus, doz.
Cabbage
Carrots, doz
Cauliflower, crate
Celery, green
Cucumbers hothouse.
Garlic, lb -
Onions, 50 lbs.
Onions, green
Peas
dry
Potatoes, 100 lbs. No 1 new
Potatoes. No 2, 50-Id. bag ..
Potatoes new ..
Radishes, doz.
Rhubarb, fancy
Tomatoes. California
Strawberries doz. ...
1.25
3.00
.60
1.75
2.7S
1.00
J8
3.50
.40
.09
3.25
125
. .04
. .35
. J02
. .12
. 2.00
GRAIN, HAT AND SEEDS
(Buying Prices)
Oats, No. 1 - 35.00 to 36.00
Feed barley, ton 33.00 10 m.wi
Clover hay. ton 13.00
Alfalfa hay. ton
Dairy feed, 80-lb. bag
Hen scratch feed
Cracked corn
Wheat
18.00 to 20.00
1.7S
2.25
2.40
SO
EGGS AND PODLTBT
(Baying Prices of Andresen's)
(Subject to Change wttnout Notice)
BUTTERF AT
Premium
No. 1
No. 2 :
BUTTER PRINTS.
(Buying Prices)
B -
Quarters
FGGS
Extra large white
Extra large brown
Medium
.44
.43'.
.404
.43 'i
.42 'i
.44
n
.27
.25
24-
.18
.18
2
23
J6
J.8
Standard
Pullets
Cracks
Colored hens
Colored fry- .
White Leghorn liens
White Leghorn frys
(Baying prices ot Marion Creamery)
(Subject to Change without Notice)
BUTTERF AT
Premium ,T - .4414
No. 1 .
No 2 .401.
EGGS
Oregon Slated
For Big Food
Drying Role
Oregon's food-drying facilities,
which exceed in volume those of
any other state, can be made
quickly available to further the
nation's war effort in a gigantic
food-drying program if national
officials will cooperate by indi
cating the type and volume of
foods needed and prices to be ex
pected, according to a omprehen
sive report submitted to Washing
ton by William A. Schoenfeld,
dean and director of agriculture at
Oregon State jcollege.
The report; was drawn up at
Dean Schoehfeld's request by
Henry Hartman, head of horticul
tural research of the experiment
station; E. Hi. Wiegand, head of
the department of food industries,
and O. T. McWhorter, extension
horticulturist.'
It shows that when the last de
tailed survey' was made by the
state department of agriculture in
1938, Oregon had 281 food driers
of various types, capable of han
dling 100,000 bushels of fresh pro
duce per day;
The government is already en
couraging the dehydration of
many types of vegetables and is
seeking a large volume of dried
foods for shipment all over the
world. Without sacrifice of food
values, dried; foods are light in
weight, of small volume, need no
refrigeration,! and keep long per
iods, according to the college men:
Coast Hop Mart Quiet; Steady
Oregon Prices Unchanged
Pacific coast hop markets were quiet during the week ended
May 6, but continued a steady to firm tone, according to the de
partment of agriculture. Trading in spot hops 1 continued at a
standstill because of depleted supplies. Contracting of 1942 hops
was light reflecting lack of of-
Large A
Large dirty extras
Large B ,
Medium A
Medium B
Pullets
Checks and under grades .
Colored hens
Colored fryers
Leghorn fryers
Leghorn hens
Stags
Old roosters
7
23
-4
25
23
.18
21
J9
21
J7
J6
Jl
.08
No 2 poultry 05 less.
LIVESTOCK
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
Spring lambs 12.00
Ewes - - 4.00 to 6 00
Hogs, top, 160-225 lbs 13.60
Sows : 10 00 to 10.25
Veal, top 13.50
Dairy type cows 7.50 to 8.00
Beef type cows 8.00 to 8.00
Bulls 9.00 to 10.00
Heifers 7.00 to 9.00
Dressed veal . .20
HOPS
(Buying Prices)
"seeded
1942 contracts , ;
WOOL AND MOHAIR
Wool
.38 to 43
Mohair
45
.. .43
Quotations at Portland
Produce Exchange
Radish Prices Zoom
On Portland Mart
IXDRTLAND, May 8-(VRadish
prices- skyrocketed as high as 50
r cents dozen i bunches on the Farm-!
ers' Wholesale market Friday as
..buyers scrambled - for available
. supplies. 4
Market veterans said Friday's
prices were as high or higher than
. any they could recall at this time
of year. Most sales were made
r around 40 cents dozen bunches or
10 cents higher than Thursday's
general level.
Green onions also advanced five
. cents in spots, reaching 45 cents
In spirited i buying. . The price,
mostly was 40. cents dozen
bunches.
The general selling price for as
paragus was $2.75 pyramid but
some moved from 15 to 25 cents
lower. No.! 2 stock ranged from
2 mostly to $2.25 and cull stock
spread from 35 cents to 75 cents
lug. .
Spinach was in good supply,
selling mostly from 75 to 80 cents
orange box with some up to 90.
Cauliflower sold quickly at $1.35
crate for Is and to 60 cents for 2si
New cabbage brought to $1.75
' crate. j. -; j - i
By the dozen bunches parsley
-was around 40- cents, watercress
70 cents, carrots between 30 and
40 cents and beets 25 cents.
Old potatoes wee up to 90
cents for 2s in 50-pound bags.
Rhubarb-sold around 75 to 80
, cents apple box. .
- Stocks and Bonds j
May -" .:j
Compiled by The Associated Press :
( STOCK AVERAGES - x
J . . 30 i . - 15 - 60
- . - Indus' Rati Utit Stks
Net change A .1 D .1 UnchUnch
Friday 48.3 15.4 22.8 33.8
Previous day 48 4 15.5 ' 22.8 33.8
- Month ago : 49.1 15 ; 22.7 34.1
Year ago 55.S 17.6 1 30.4 39.8
1942 high . 56 6 17.8 27.3 38.7
142 low 48.0 14.7 21.1 32.0
PORTLAND. Ore.. May 8 (AP)
Butter Prints. A grade, 43' ic in
parchment wrapper, 44'2c in cartons;
B grade, 42' 2c in parchment wrappers,
432C in cartons.
Butterfat First quality, maximum
of .6 of 1 per cent acidity, delivered in
Portland. 421,2c-43c lb.; premium qual
ity (maximum of .35 of 1 per cent
acidity), 43',2-44c lb.: valley routes and
country points. 2c less than first, or
41c lb.: Second quality at Portland
2c under first, or 40.c-41c lb.
Cheese Selling price to Portland re
tailers: Tillamook triplets. 28' c lb.;
loaf, 29'aC lb. Triplets to wholesalers.
26"2c lb.: loaf, 27'ac i. o. b. Tillamook.
Eggs Price to producers: A large.
28c; B large. 27c: A medium, 26c: B
medium. 25c dozen; resale to retailers.
4c higher for cases, cartons 5c higher.
I 'or I land Livestock
PORTLAND. Ore., May 8 (AP)
(USDA) Hogs: Salable and total 50.
Barrows and silts -
Gd-ch. 140160 lbs $12.75 013.50
Gd-choice 160-180 lbs. ..... 13 J5 c 13.90
Gd-ch. 180-200 lbs. 13.75fci 14.00
Gd-ch. 200-220 lbs. 13.50 14 00
Gd-ch. 220-240 lbs .. 13.25&0 13.75
Gd-ch. 240-270 lbs! 14 00 & 13.50
Gd-ch. 270-300 lbs. 12.75 & 13.25
Gd-ch. 70-120 lbs 12.25 13.25
CatUe: Salable and total 25.
Calves: Salable and total 15.
Steers, good 900-1100 lbs. 125013 25
do medium 750-1100 lbs J1.00& 12.25
do common 750-1100 lbs. 9.25$ 11.00
Heifers, gd. 500-900 lbs. . 10.50 11.75
do med. 500-900 lbs - 8.5010.50
Cows. good, all weights 9.50W 10.50
do medium, all weights . s.vatu do
do cut-corn , all wts. 7.00( 8.75
do canner. all wts 6.00 e 7.00
Bulls (ylgs. excld ), beef.
good, all wts lu.Mitpuju
do sausage good all wts. 10.25011.00
Teachers ! Selected
AURORA The teachers of the
Aurora grade) school for the com
ing year will be Mrs. Ruby
ferings from growers, most of
whom have already contracted at
least a portion of their prospective
yields. Domestic usage of hops
continued well above average of
other recent years but dealers
were reported as unwilling to
place further orders for hops
pending clarification of the order
placing ceiling prices on certain
commodities. Some uncertainty
existed in the trade as to whether
hops were included in this OPA
order.
Oregon markets were steady to
firjn. Trading, however, was re
ported at a standstill both in spot
hops and in contracting for future
delivery. Trade reports indicated
that prices were nominally un
changed on 1942 hops from the
previous week. The values a week
ago were indicated at about 40c
per pound to growers for regular
type seeded hops and at around
47c for seedless types with dis
counts for seed content in excess
of 2 per cent. Weather during the
past week was reported more
favorable for the new crop. The
effect of the downy mildew in
festation is expected to become
more apparent with the continua
tion of the warmer weather now
prevailing. The crop is considered
as rather backward generally.
Schantz, who taught last year and
Mrs. Elsie Frgerson, Mrs. Bonita
Diller, music instructor; L. L.
Gribble, janitor.
Grain Price
Rise Halted
CHICAGQ, May 8-(P)-Profit
taking Friday halted the grain
price recovery after early frac
tional advances had carried wheat
and corn to highs for almost a
month.
Erasing early gains of almost
a cent, wheat closed Vi-4 cent
lower than Thursday, May
$1.22, July $1.258-y4.
The fact that wheat showed
gains of 5 to 6 cents and corn of
about 4 cents from last week's
lows attracted profit taking, how
ever. Flour demand continued to lag
and little buying support came
from mills.
Early strength of soybeans was
associated with removal of the
Canadian tariff on imports of
soybean oil and indications that
ceilings on oil and lard as well as
other fats and oils may be rede
fined, or in some cases revised.
Fruit Growers Board
Names Vice-President
WOODBURN Jess Fikan has
been named vice-president of the
board of directors at the Wood
burn . Fruit Growers Cooperative
association, at a meeting of the
board last week. This completes
the board's reorganization.
Federal Crop
Insurance
Improved
A greatly Improved federal crop
insurance program is available to
Marion county farmers who want
to protect their wheat against
plant diseases, insect losses, wea
ther hazards and all other crop
risks, crop insurance supervisors
from the county agricultural con
servation association learned at a
six-county meeting in McMinn
ville this week.
! Retaining the blanket Insurance
and note payment plan features
introduced this year, the 1942 pro
gram will have two more new
features three-year term insur
ance and a uniform premium rate
plan.
Under the new three-year con
tract plan, farmers who take out
insurance on their 1943 crop this
summer will automatically be in
suring their 1944 and 1945 crops
also, the county AAA men learn
ed. However, if at any time dur
ing the life of the three-year con
tract, the average yield of a farm
is changed to the advantage of the
grower, he may cancel his insur
ance and enter into a new con
tract. 1
The uniform premium rate plan
will greatly simplify the rate
structure. Under the plan, the
county .AAA committee will
shortly prepare a premium rate
list for all average yields in the
county. To determine how much
his insurance will cost, a grower
need only know his average yield.
Deadline for taking out insur
ance on 1943 wheat seeded this
fall Is August 31, and the county
AAA committee will shortly
launch a program to acquaint ev
ery grower with the provisions of
the new program.
Start Campaign
Against Weevil
Senator Charles L. McNary hai
telegraphed Governor Charles A.
Sprague that the federal bureau
of entomology, along with other
federal and state agencies, has
launched a campaign for the con
trol of European pea weevil (si
tona), which has been reported
in some areas In western Wash
ington. The governor said the pest pre
sents a serious problem. Research
to learn the life history and con
trofof the pest is now under way.
The state of Washington has
been requested to conduct, a sur
vey to determine the limits of in
Zested areas.
Sfiisiiiivi
H
j Si,,:.',-,., r..; aJJ,
J
The money you need is
available to you here
and now. Inquire today
at our convenient ad
dress about our person
al loan service!
For money la a harry see
Stale Finance Co.
344 State Phone 9261
Lie S-213 M-222
BARNEY GOOGLE
looks' Dangerous
By BILLY DeBECK
9VCY WER OUT
OR WE
(
V- - - . H -.Mill JUL llV.V.
ifftm'lVm ,tTl-7", gW, 1947. rini" Fr.tiirr, tvndkin. Inc.. mM' ifeM YAtnAl
THE LONE RANGER
Rich Man - Poor Man!
By FRAN STRIKER
32c lb : city-killed. 33-34C 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 Oregon. Z5 U0 ton.
Onions Oregon, 93.50 Q 4.00 per 50-lb
sack: green aoc dozen bunches.
Potatoes, old White locals, 2.00-2.20
cental: Deschutes Gems, 1 3.35-3.45
cental: Yakima No. 2 gems. 1.40
SO-lb. bag: Klamath No. 1. $3.35 3.45
cental: Idaho. No. I. 3.40 cental.
Potatoes, new Shatter (Calif.) White
Rose, $1.50-1.65 per 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,
lT.nC lb.: spring lambs, 23c: yearling
lambs. 19-20c; 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, fuggles, seedless, 40-47c lb.;
clusters, seedless, 38-46 c lb,; seeded
clusters, 40c lb.
Cascara bark 1942 peel. 15c lb.
Portland Grain
do medium, all wts.
do cut-corn, all wts.
Vealers, gd-ch , all wts.
do com-med., all wts.
do cull, all wts
Sheep: Salable none.
Ewes (shorn) gd-ch.
do. com-med .
iarr.bs
gd-ch .
do med-g
do common
9.25010.25
SOOftd 9.25
14.00 15.50
9.0014.00
7.004? 9.00
5 00
2.00
5.75
5.00
11 00 11.50
9.50 to 10.75
8 50 9.50
'or t lam! Produce
BOND AVERAGES
20
to
Previous day
Month ago
Year ago -
1942 high
194- low
Rail indu:
. 64.8 103.6
. 64.9 103.3
. 66.2 104.6
. 65.6 ' 103.6
. 60.S 102.6
o
. Util
94 5
94.7
101 J
100.6
93.6
10
fren
47.7
45.6
43.6
48 2
41.6
PORTLAND, Ore.. May S AP
Live poultry Buying prices: No. 1
grade Leghorn broilers, under Hi lbs.,
19c; fryers, 2'i to 4 lbs.. 23c, under
2'i lbs.. 19c: Leghorns under 2 lbs.,
18c: over 3'L lbs. 20c; No. 2 grade
hens. 5c lb. less; roosters. Sc.
Live poultry Selling prices by re
ceivers: Light hens. 19',i-20c: medium
hens. 20c lb.; colored hens. 23V.-24C
lb.; colored springers. 23', -24c lb.;
broilers. 20c lb.; stags, 14c lb.: roosters,
13c lb.: Pekin ducks, young, 23c; guinea
hens, 50c each; capons over S lbs- 26c
lb.
Dressed turkeys Selling prices:
Hens, 27-28c; tomi, 2 6-27c. Buying
prices: Toms, 24-2Sc: hens. 2S-27c lb.
Rabbits Average country-killed. 30-
r T Ua. NJV
Or.G CUa. ND
DR. CHAN LAM
- Cblnest Medietas Co.
241 Norm Liberty
Upetairs Portland Uencral Eiee Co
Office opea Taesaay and Saturday
nly it ajn to I p.m.; 6 to t p.m.
Constitution, Blood pressure and
orino tests ax free of charge.
23 Tears ta Bastaaut "
PORTLAND, Ore.. May 8 (AP)
Open High Low Close
May 98 " 98 Vi .98" , M','t
July 99','a Mt MM r9i
Cash grain: No. 1 flax. 2.52i.
Cash wheat (bid): Soft white, 98'i:
soft white excluding Rex, 1.01 ',. White
club. 1.02. Western red, 1.02. Hard red
winter: Ordinary, 98'i: 10 per cent.
1.01: 11 per cent. 1.07; 12 per cent. 1.11.
Hard white Baart: 10 per cent. 1.09'i:
11 per cent. 1.13i: 12 per cent. 1.17'i.
Today s car receipts: wheat, 33; bar-
ley ,2; flour, 4; corn, 1; oats, 1; mill
feed, 2; flaxseed, 1.
Wool in Boston
BOSTON, May S (AP) (USDA)
Demand for domestic wools was slow
on the Boston; market today with sales
of quarter-blood combing bright fleeces
at 52-53 cents, in the grease. A little
three-eighths blood combing of the
bright woo class sold at 52 cents, in
the grease. Semi-bright fleeces are
quiet and demand for territory wools
was slow. Fine Australian topmakmg
wools broughtj $1.06-1.08, scoured basis.
amy paia.
m"i-s."
THERE'S THE CA5H REWARD THANKS. BUT NOU wON'T BE SQUARE HE'LL DO THAT, I MON.SLAVlN. I'VE BEEN CAP- i DON'T WANT
FOR THE CAPTURE OF THE J l TILL OU REPAIR THE DAMAGE J PA .WE'LL 6EE TO TURED AND TURNED OVER V VUH.' IN THE
iONE RANGER. NOW I'M NOU'VE DONE TUH ML THE MINES J ( FT THAT HE DOES TO NOD. N0U CALLED ME AN J NAME OF
H 50UARE"r--n.r----V AROUND HERE IMPOSTOR. WHAT ARE VOU f ME&CYi GO
t - f-T- XI --aw GOING TO DO? JAIL ME AND X AWAX AND
(TPd N f WV'll HAVE TO PROVE j LEAVE ME
youmakeY
SLAVIN J
PAV
PLENTY
Bi THE TIME HE'S THROUGH.
T0NT0, HE LL BE TOO BROKE.
TO BIN Am MORE CLAIMS
IT SERVES HIM RIGHT.
. ' m
STARTING
MONDAY '
W NEWSPRINT TRAIL !
MICKEY MOUSE
Still up a Tree (Clothes)!
By WALT DISNEY
POTT STRIKE f
"SPEAK UP VUH RAT', I GROWL.-?! 'WHY FER ARE YUM TAKIN' THUH LIFE O 'ERS
NOSLE CRITTER ? 44 "THEM UC CBMG&S 'PLSkCff OOTT tfTTBlLrtr m .J
wistek: the cct no
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NAME'S A3NE-7! ON
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HMM...VERY ENTERTAINING!
V 5 lp VGOT TT FRO A C50J5
--O nTHATS WWE-?E ITS GCM-BACX
sA 7 NOT that... liixiZr '
LITTLE ANNIE ROONEY
With No Ax to Grind
AS BUILDING M5PECTUB,IIDMITTMPlACEI5 N
0KAY.BUTMvmE5ETWl5Feesy EM NOT
BLlMD-VOLTRE RUMM1NG AH ORPHAN ASYUM
WITHOUT A OUCTER OR
this i5 MypsnECTE rzsicdicc
EVERVWe SHAPING W HOME IS AM
TO COME AND SO AT AMY TIME THE.
FACTS REGARDING THEIf?.
By BRANDON WALSH
GEE. rER0,THAT BULDWG WSPECTDf?
wr -tli "-tfct LO VmLH Mt
HE WAS 5C0WIING AW0 MlJMBlWfi TO H1M-
SELFAtfHF LOOKED UKE HE WAS
LAwra. MAD at sejsrecoy
VJ f MY GUE5T5 ARE O WEU, I 5TULtfy TH 1 j
I A UW-ABJDWG U WWtE 5ET-UP LOOKSn
Ji 1 L BU gw'B I 1 Ul BbUIVIlU. !! Tw I Mil IUVL7IV 1 I Ul -IJ.L.TJr"W1 U r? .1 n II TTl liri" BIBSBSIB' I
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T"Jijfef iFRHXHSS?.). PARENTAGE ANTJ FTNAH- Vv I I LOVE AND U "T TTTS A
LM I 1 CIAL BACKGROUND r4f Al AQMlBE ipI Jly' S rrrh Wi
lSTi! Ill THIMBLE THEATBE Ska-ring Popeye If It's a Scrap You Want! : " " " ' :
' M ' ; : :
yJ
uatcli for somethinjr
new, timed to the beat
of the times, a fly ins
comic strip that all boys
and girls will pick : as
their favorite, that wifl
appeal to grownups, too,
starting on, this page in
The Sunday Statesman.