Markets
ICS
on
PAGE FOURTEEN
The OREGON STATESMAN. Salem Oregon, Friday Morning. June 12. 1942
Farm
naHcial
Co
Stock Market
In Doldrums
Average Unchanged as
i: Transfers Fall;
) Gainers Few
NEW YORK, June ll.-(FVlm-portant
international news devel
opments Thursday found the stock
market generally unresponsive.
The direction of the list was
cloudy at the start and, while
many leaders tacked on modest
fractions in the latter part of the
proceedings, losers were plentiful
at the close.
The Associated Press average
of 60 stocks was unchanged at
35.8. Dealings tapered off and
transfers for the full proceedings
totalled 281,910 shares compared
with 313,300 Wednesday.
Among issues retaining small
plus signs were Chrysler, -General
Motors, Southern Pacific,
Great Northern, Montgomery
Ward, Sears Roebuck, US Rub
ber, Goodyear, International Har
vester, Westinghouse, General
Electric, Du Pont and United Air
craft. Liggett & Myers "B" and
Douglas Aircraft fell 2 points
each and Union Pacific was off
1 . Less casualties included
Santa Fe, Allied Chemical, Philip
Morris, Deere, North American
and Johns-Manville.
American Telephone regained
its equilibrium in the wake of
Wednesday's drop of 3 points at
tributed to dividend apprehen
sion. It finished up Va at 167-i
after opening 6 hours and 45 min
utes late.
The market stalemate was ex
emplified by the fact that, of
584 individual stocks traded, 199
were up, 198 down and 187 un
changed. Wheat Rally
Loses Drive
CHICAGO, June 11.-7P)-A
burst of strength carried wheat
up more than 2 cents a bushel
at one time Thursday to the high
est prices in two weeks but much
of the gain was lost before the
close.
Washington reports were re
sponsible for the rise and subse
quent fall. Senate agriculture
committee recommendation fa
voring legislation that would
make mandatory government crop
loans at parity, instead of 85 per
cent of parity, touched off the
buying, in which professional in
terests participated. Later, a re
port that the senate would in
sist on legislation to permit sale
of government owned wheat for
feed caused selling. Profit taking
appeared on the reaction, with
July wheat's high of $1.20 ' about
5 cents above last week's low.
Wheat closed 'i-i cent higher
than Wednesday, July $1.198,
September $1.21 -i. Other
grains, depressed earlier in the
Session by the government crop
jeport indicating large wartime
harvests are in prospect, rose
with wheat and then reacted.
Buy Feed Now,
Is Advice Given
Marion county farmers are urg
ed to order feed supplies now,
W. M. Tate, chairman of the coun
ty AAA committee, yesterday
pointed out that wheat prices un
der the feed wheat program can
be expected to advance shortly to
the new loan value.
Commodity credit wheat is now
available in carload lots at Salem
at a price of 96.2 cents a bushel,
or $32 per-ton, the chairman said.
This price is based on 1941 wheat
loan rate. The 1942. loan rate is
16 cents a bushel higher, and feed
wheat prices can be expected to
advance to the new level very
soon, perhaps when harvesting of
the new crop starts, he said.
Farmers having either livestock
or poultry to which they can feed
wheat would do well to stock up
now for future needs, Tate be
lieves. Besides obtaining a supply
of low-priced feed to produce
milk, meat and eggs needed in
the Food for Freedom program,
farmers ordering wheat now will
also help provide storage space
that is badly needed for the com
ing crop in Oregon's wheat coun
ties. To be sure of obtaining wheat
at the present prices, farmers
should order before July 1, the
chairman believes.
Strawberry Harvest
Delayed by Weather
SCTO Strawberry harvest is
lagging here on account of un
favorable weather, with threat of
much loss among growers by rea
son of rain.
Dr.V.1 Ijuh. N.D. Dv.G-Chaa, NJ
' DBS. CHAN--LAM
CHINESE Verbalists
MI Norm liberty
tTpntalr Portland General Elec. Co
Of fie apeB Toc4ay ad Satmrday
Bly ! a. m. U t p. m.; t 1 p. m.
CoBsaltarioti, Blood - pressor and
visa teU at fre chart, -:
iftic rue mi
"Strictly Private"
1 DEAR. MOM-'- J,
Wr rWJiM6 vjou tws fc&ss vtm, i thnv, i Jfj
' rAE&B WILTW TO GET IU ThE BAWD.. Mfi
I U0TX On PARADE GRCOWS THAT EAffcS
wsiw tofw 93tirK&3usTSWD still
GtrVS MAP0H..TOISD
ttW MB. RUE...
Quotations at
Produce Exchange
PORTLAND. Ore., June 11 (AP)
Butter Prints. A grade, 40',ic in
parchment wrapper. 4l'2c in cartons; a
grade, 39'ic in parchment wrapper,
40',2C in cartons.
Butterfat First quality, maximum
of .6 of 1 per cent acidity delivered
in Portland. 39-99'iiC lb.; premium
quality (maximum of .35 of 1 per cent
acidity). 40-40'ic lb.; valley routes and
country points, 2c less than first, or
37ac lb.., second quality at Portland,
2c under first , or 37-37 ', is.
Cheese Selling price to Portland
retailers: Tillamook triplets, 2&V3c lb-
loaf, 29'jc lb. Triplets to wholesalers,
26jC lb.; loal, Zf',c i. o. d. inia-
mook.
Eggs Price to producers: A large,
30c; B large, 28c; A medium, 28c; B
medium, 26c dozen. Resale to retailers
4c higher for cases, cartons 5c higher.
Portlaiitl Produce
PORTLAND. Ore., June 11 (AP)
Live poultry Buying prices: No. 1
grade Leghorn broilers under lbs.,
16c; some buyers out of market; over
l' lbs, 18c; colored fryers, 2-4 lbs.,
22c; under 2 lbs., 18c; colored roasters,
23c lb.; colored hens. 19c lb.; Leghorns
under 2, lbs.. 16c. .over 3i lbs.. 18c:
No. 2 grade hens, 5c less; roosters, 9c
lb. .
Dressed turkeys Selling prices: Hens,
27-28c; buying prices: Toms, 24-25c;
hens, 26c lb.
Rabbits Average country killed, 30
32c lb.; city killed. 32-34c lb.
Hay Selling price on trucks: Al
falfa, No. 1, 22.00 tons; oat-vetch, 14.00
ton. Valley prices: Willamette clover,
10.00 ton valley points; timothy, eastern
Oregon, 25.00
Onions Green, 30-35c doz. bunches;
Texas Bermudas, 50s, 2.00 sack; Texas
sweet tvpe, 3.00.
Potatoes, old White, locals, $3.50
3.75 cental; Yakima No. 2r Gems, S2.50
50-lb. bag.
Potatoes, new Shafter (Calif.) White
Rose 50s, S3.15-3.35.
Country meats Selling prices to re
tailers: Country killed hogs, best
butchers, 129 to 149 lbs., 18-19C lb.;
vealers. fancy, 21-21 "ic; light thin, 15
17c lb.; heavy, 16-17c; canner cows, 14
15c: good cutter cows, 15-15'ic; bulls,
17-17'zC lb.: spring lambs. 22-23c lb.;
yearling lambs, 19-20c lb.; ewes, 5
"lOc lb.
Wool 1942 contracts, Oregon ranch,
nominal, 394-37C lb.; crossbreds, 40-42c
lb.
Mohair 1942 12-month, 45c lb.
Hops Seed stock, 1941 crop. 40c; 1942
crop: Fuggles seedless, 48-47c lb.;
clubsters. Seedless. 47c lb.
Cascara bark 1942 peel, 15c lb.
Portland Livestock
PORTLAND. Ore.. June 11 (AP)
(USDA) Cattle, salable and total 150;
calves, salable 50 and total. 65: hogs,
salable. 350, total 400; sheep, salable
650, total 1000.
Barrows and gilts.
Gd-ch. 140-160 lbs $12.75 13.60
do go-ch 160-180 lbs 13.35 tl4.uu
do gd-ch 180-200 lbs. 13.75fti 14.00
do gd-ch 200-220 lbs - 13.60 14.00
do gd-ch 220-240 lbs ..13.25 13.85
do gd-ch 240-270 lbs. 13.00 13.50
do Kd-ch 270-300 lbs 12.75(13.25
Feeder Dies, ed-ch 70-120 12.50 13.50
Steers, good. 900-1100 lbs... 12.75 13.75
do medium, 750 1100 IDs. ll.Mirtf iz.d
do common. 750-1100 lbs 9.75011.50
Heifers, good. 750-900 lbs 12.00fcfl2.50
do medium. 500-900 lbs 10.50 ip; 12. oo
do common. 500-900 lbs. 8.75 10.50
Cows, good, all wts 9.75 10.75
do medium, all vti. .ou
do cut-corn, all wts 7.25 9.00
do canners. all wts. 6.50 7.25
Bulls (yearlings excluded)
do sausage, gd. all wts. 10.25 (SHOO
beef, gd, all wts 10.50011.25
do sausage, med , all wts 9.50 tf 10.25
do cut-om., all wts. 8.00 9.50
Vealers gd-ch., all wts. . -13.50ri 14.50
do com-med.. all wts. 9 004(13.50
do cull, all wts 7.00 9.00
Spring lambs, gd-ch 13.25 13.50
do med-gd 12.00 13.00
do com 10.50m '11.75
Lambs, shorn, med-gd 9.00 9.50
do com 8.00 9.00
Ewes, shorn, gd-ch 4.50 5.00
do com-med 2.00 4.50
Portland Grain
PORTLAND. Ore., June 11 (AP)
Wheat: Open High Low Close
July 90 90 90 90
Sept 94',. 94'i 94 94i
Dec. 97U 97" 97i 87U
Cash grain. No. 1 flax 2.48.
Cash wheat (bid): soft white 91 ',';
soft white excluding Rex 93; white
club 84'i; western red .94.
Hard red winter: ordinary 89' i; 10
per cent 94; 11 per cent 1.01; 12 per
cent 1.05; hard white Baart; 10 per
cent 1.05.
Today's car receipts: wheat 23: bar
ley 1; flour 3; corn 4; millfeed 2.
Wool in Boston
BOSTON, June 11 (AP) (USDA)
There was some trading .n Texas 12
months wool on the Boston market to
day at about $1.18. scoured basis, for
food average tots. Texas eight-months
wools were quoted at about $1.06
1.08, scoured basis. There was almost
no business In fall Texas. Territory
fine, good average French combing
wools were selling occasionally at
IU8-1.1S, scoured basis. Trading in
medium territory ' wools was very
quiet.
Bing Cherries Appear
PORTLAND, June ll-(ff)-Biruj
cherries were offered on the
farmers' wholesale market Thurs
day for the first time this season.
A small supply of good size and
quality; coming from Bingen, sold
at 12 cents pound.
By Quinn Hall
VtXiR SOW
6-i-
Portland
Stocks and Bonds
June 11
Compiled by The Associated Press
STOCK AVERAGES
30 15 15 60
Indus Rails Util Stks
Net change ....A 1 D 2 A .1 Unch
Thursday 52.3 14.5 24.2 35.8
Prev. day 52.2 14.7 24.1 35.8
Month Ago 48.1 15.0 22S 33.5
Year ago 59.3 17.2 31.8 41.8
1942 High 56.0 17.6 27.3 38.7
1942 Low .. 46.0 14.5 21.1 32.0
BOND AVERAGE
20 10 10 10
Rails Indus Util Fgn
Net change D .4 D .1 Unch Unch
Thursday 60.6 103.1 95.5 49.3
Prev. day 61.0 103.2 95.5 49.3
Month ago 64.2 103.6 93.9 47.4
Year ago 64.7 104.8 101.3 44.7
1942 high 65.6 103.7 100.6 49.4
1942 low 60.4 102.6 93.6 41.5
Salem Market
Quotations
The prices below supplied by a lo
cal grocer are indicative ot the daily
market prices paid to gnwers by Sa
lem buyers but are not guaranteed by
ine statesman :
VEGETABLES
Asparagus, doz 1.20
Cabbage . 3.50
Carrots, doz ,. , .70
Cauliflower, crate 1.85
Celery, green 3.50
Cucumbers, hothouse 1.25
Garlic, lb J8
Onions, dry white 2.00
Onions, dry. red, yellow 2.50
Onions, green .45
reas
Potatoes. 100 lbs No 1 new
Potatoes new
Radishes, doz.
Rhubarb, fancy
Tomatoes, Texas
Strawberries, 24
Turnips, beets
Lettuce
CiRAlN, HAT AMD SEEDS
(Buyksg Prices)
Oats, No. 1 35.00 to 36.00
Feed barley, ton 33.00 to 35.00
Clover hay, ton .- 13.00
Alialfa hay. ton 18.00 to 20.00
Dairy feed. 80-lb. bag 1.7S
Hen scratch feed 2.35
Cracked corn 2.45
Wheat SO
EGGS AND PODLTRT
(Baying Prices of Andresen's)
(Subject to Change Without Notice)
BUTTERFAT
Premium " .41
No. 1 .40
No. 2 31
BUTTER PRINTS.
(Buying Prices)
A .40 "a
B
Quarters
EGGS
Extra large white
Extra large brown ...
Medium -
Standard
Pullets
Cracks
Colored fryS
Colored Hens .
White Leghorn hens J8
White Leghorn frys .18
Baying Prices ot Marlon Creamery)
(Sublect to Change without Notice)
BUTTERFAT
Premium .41
No. 1
No. 2
EGGS
Large A
Large dirty extras
Large B
Medium A
Medium B
Pullets
Checks and under grades 32
Colored hens .17
Colored fryers under 21. lbs. .15
Colored fryers over 21,. lbs. J8
Leghorn fryers .14
Leghorn hens .15
Stags .08
Old roosters .05
No 2 poultry 05 less.
LIVESTOCK
(Buying prices for No. 1 stock, based
on conditions and sales reported up to
Spring lambs 12.50
Ewes , , . . 4.50
Hogs. toV i'60-225 lbs. 13.75
Sows 10.00 to 11.00
Veal, top : , 13.00
Dairy type cows.
Beef type cows
Bulls .
Heifers
7.50 to 8.00
8.00 to 9.00
9.00 to 11.00
- 7 00 to 9.00
. 13.50
.19
Top veal
Dressed veal
HOPS
(Baying Prices)
Seeded
1942 contracts
WOOL AND MOHAIR
Wool
Mohair
.38 to 43
'T KEEP
GRANDMA
IN
I
CHAIR
She's sis Lively tut m Youngster
Now her Baclutche U better
: Many sufferers nlievs Bagging baekacbe
quickly, one toev discover that the res!
cans of their trouble Buy be tired kidaeys.
The kidneys an NatVs ehiaf way of tek
nC tbeexsaas acids and watt out of the
blood. They help moat people pass about 3
puts a day. ?
Wkea dawrder el kMaey funeuoa pen-its
twwonoas matter to remsua in your blood, it
fy sin hackacha. rtii wma I if pai .
" pubs, tea 4 ftp wad fay. get P
ighta, trolling, puSaeaa ader the eyte,
"hss od dmuMaa, Frequent or scanty
passages with snartios; sad burnmff soane
Umm mtttmrn tkara ia nmaOiin. w rang- -with
yew kids- or bladder.
,.P ' aiU Ask your dnrint for Doaas
FkUa, ased successfully by milUo-s tar over
40 you. They rira happy rWtef aad will help
IS Bulaa of kidncr tubea fluah oat pamaw
" w aaas fraaa your blood. Cat Doaa'a Pills,
Fruit Harvest
Outlook Good
Government Reports
Show Favorable
Prospects
WASHINGTON, June 11 -(JP)
Prospects for a favorable harvest
of apples, peaches, pears and
cherries, fruits rich in vitamin
content, were indicated today in
the agriculture d e p a r t m ent's
monthly crop report
The June condition of the ap
ple crop in commercial areas was
68 "per cent of average .compared
with 65 per cent a year earlier
and a six-year average of 64 per
cent
"Bloom in most important areas
was all that could be desired
this year," the report said opti
mistically. The 1942 pear crop was fore
cast at 29,303,000 bushels, one
per cent lower than last year but
eight per cent above the ten
year average.
In important areas, except
California, growing conditions
were reported favorable during
May and the set of the fruit was
said to be good. Bartlett produc
tion in the Pacific coast area was
estimated at 14,850,000 bushels
compared with 15,558,000 last
year.
Prospective production of
peaches in 1942 was estimated at
67,418,000 bushels, about nine
per cent less than last year's
bumper crop but about 23 per
HUMBLE
rvM rsDcc voi i
NEVER! I
SHOULD BE OUT
THERE WISHING
U4PP LANDINGS
i COMPETE
AVIATION
HIS LOVE
TO WASH.
FEEL HUMILIATED
ENOUGH AFTER
THAT SCENE AT
HOP'S PARTY...
HOP HARRIGAN
BARNEY GOOGLE
MICKEY MOUSE
( cuArr. DONT PULL.
rTRJGR WET
THIMBLE THEATRE
TM GLAD THE COOK WAMT5
r:v:-:K -
a4
l-.-- .-r -v
I WELL, DONT STAND 1 s- TKKE IT EASY L0DYJ )
PTHECE. LIKE DUMMIES !4 WE'LL DO OUR DUTY..."y
TD SCRUB THE PnXTOES,!M5TEAD
OF PEELIMa THEM .NOW THE
DONT HAVE TO WORRY BOUT
CUTTLMG TOR FBttSERS
THE LONE RANGES
ZZ Iff THEN YOU S.
.
Painter's Tribute to Dad
1
i.
James Montgomery Flag?, famous illustrator, hands his poster reflect
ing a traditional event in American family life to Albert H. Gregg,
president of the cigar institute, in New York City. The poster is official
for Father's Day, June 21.
cent above the ten-year average.
Indicated production of all va
rieties of cherries in the commer
cial states was placed at 183,
590 tons 13 per cent above last
year, and 30 per cent above the
average.
In the west, bumper crops of
cherries in the Pacific coast
states more than offset relative
ly small crops in Idaho, Colorado
MYSELF?
WE CERTAINLY SPOILED
CANT
a 1 - a Jk .. . n - -.. . . . .
HOK'b Cl:L.fc:tJKAl IONS
WITH
I'M INCLINED TO
FOR
THINK WE WERE
A LITTLE HARSH
WITH THE BOY. HE
AND I
HARDLY SEEMS
THE SORT TO
COMMIT
SABOTAGE.
JON L-
rW4
U5
c. ri w.k nil, ii... -W' 1
(LET ME FIX VER )
THAT'S HOT THE REAL '
,REA50M-AaiVEI?SEZT BUT HOW
KTID5
WHILE THE COUNTRY 15
WAf?. IT5 OCR DUTY TO
SAVE EVERYTHING WE
, TO HELP WIN THE WAR
T
if '
4 T m.
- - r i
and Utah, the report said. The
Washington crop was estimated
at 26,600 tons, Oregon produc
tion at 23,700 and California at
29,300.
The department said indicated
production of sour cherries was
materially above the 1941 crop
in New York, Michigan, Washing
ton and Oregon.
VI
1 -BUT HE IS
M . .. aaaa-a
J NfcW HbKfc -
INEXPERIENCED
DOUBTLESS AFRAID
TO ADMIT AN
ERROR, TO LOSE
HIS JOB! USING
THE FRIENDSHIP
OF TANK AND
WASH AS A
SHIELD...
Lin rsi rurt?
-OF COURSE, -OUT OF WASH'S
THAT'S IT! WHO LIFE -?VSW
ELSE ? CONTROL I KNOW NOW
TOWER- SIGNAL I I'M JUST NOT
WASH TO STAY I HIS TYPE !
ON THE GROUND! h-r
- DOLORES t MZStJ
WHERE ARE CX f7?l 3r
YOU GOING ?7V Wl
) M ( AW. P5AS ASNEST
Y I , C'fAON HOTE! V
rwitTK"---.K
nouj k:im b'-jm )
OKETEMTH Of THE POTATO F
EVERYONE 5CRr35N5TEAD OF
AT f DOES
TJ
PEELIM'EM, IT
CAM flTHE FOKIDE6
rl? HELPr
U))r
Care of Milk
Is Stressed
SALEM Necessity for better
protection of milk and cream by
dairymen, due to transportation
problems resulting from the war,
was stressed by the state agri
cultural department here this
week.
Extra caution in cooling, ster
ilization of cans, keeping cans
covered and other processes nec
essary to keep milk and cream
In best condition, was urged.
The following rules were sug
gested: ..Cool milk immediately, placing
it in a tank of cold running water
and stir it often.
I Don't mix warm milk or cream
with cold milk or cream.
Keep milk cool. Cover the con
tainer with wet burlap. If milk
or cream is delivered to the road
side while waiting for truck, pro
vide a covered stand.
Milk cans should be covered
There Is no personal or business emergency which
we cannot help yon meet with a conveniently,
speedily arranged loan! Drop into our offices for
full details
STATE FINANCE CO.
FOR MONET IN A HURRY
S44 State Phone 9261
Lie. S-216 M-222
BUT
A
cpt ocfi ikic . i
WE
WILL SAVE THE COUNTRY J
in J wTv
m M'A "
( PSST...GOOFVO
LISTEN...
OUR
7Z MUION5 Of
J-?3C7 DOLLARS
9.1
Produce Mart Prices
PORTLAND, June ll.-P)
Strawberry prices advanced a
trifle' at the farmers' wholesale
market Thursday! as the best 12i
brought from $L35 to $1.4C with
$1.25 low level.
Peas were fully steady around
7 and 8 cents pound for th
best with demand good. Lettuce
was slow but sales were mostly
$1.00 to-$1.25 crate. Rhubarb wai
steady around 60 cents box. Spin
ach ranged from 80 to 90 cents.
Asparagus prices were up
around $2.85 to $3.00 pyramid ai
supplies lagged. Raspberries, also
in small offering, were around
$1.75 for 12s. Some seed potatoes
were priced at $2S cental.
Prices for bunched stock by
the dozen: Carrots to 50 cents,
beets mostly 60 cents, turnips 70
to 80 cents, green onions to 85
cents, radishes mostly 25 cents,
Swiss chard to 30 cents, water
cress to 80 cents.
with wet burlap or other suitable
covering while en route to town
on trucks.
n
SORRY, MR. MARKER, V BOSS ) J
WASH TOOK OFF RADIO
FEW MOMENTS WASH TO
AGO J -tLAND AT ONCE!
HOP SAYS HE'S
riOTEnnrnws-.You J
8UTAU15T N aUSTCOtn'DOW'ALL
CHANGE THE S&L TWHGS WE
WAY OF I U5EDTD DO BEFORE WE
f i irn avj i if-i-
V IN DEADLY
SSSrfl
i ...BZZZ- ( BGAWRSH.
( BZZ-Z...! M1CKEV...
7 V GOT
f (jSUMTHIN'... J
DOING KNEW THEY WERE 584y
EYIXYTKIMG
!1
THAT TAKES CARE OF WIMPLE. HOW GET I