Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (June 21, 1942)
Financial Markets Ta OBEGON STATESMAN, Salem Oragon Sunday Morning. Jun 21, 1912 Sia2-1AGE$ Comics Stocks Qose Foggy Week Buying Urge Lacking; Cains and Declines Divide list NEW YORK, June 20 -(J?y-The stock market Saturday stepped out of a generally foggy week with trends still notably obscure. While selling pressure, as. In the past several sessions, was ab sent, the buying urge was lack ing. Uneven tendencies prevailed at the start. Gains runn!ngto a point or so were well distributed at the close although declines of as much were in the majority. The Associated Press average for 60 stocks was off .1 of a point at 35.6, but on the week was un changed. Transfers totaled 127,- 060 shares compared With 108, 740 a week ago. Prominent stocks on the losing end included US Steel, Bethle hem, Chrysler, General Motors, American Telephone, Santa Fe, Sears Roebuck, Douglas Aircraft, Anaconda, Johns-Manville, Du- Pont and Owens-Illinois. Tastman Kodak was up a point and lesser plus marks were pinned on Consolidated Edison, Westing house, Goodyear, Union Carbide, Union Pacific, Philip Morris and - Phelps Dodge. "Strictly Private" Mildew Losses Not Yet Known Field Man Says No general loss of hops on a large scale because of downey mildew is yet established, accord' ing to W. H. Anderson, field man for the hop control board, stated Saturday. Some growers claim SO to 75 per cent loss, but the final result will depend upon weather condi tions in the next two weeks, the field man said. He is just home from a trip through the south rn part of the state and starts now on a trip through Yamhill, Clackamas and Washington coun ties. Some isolated yards may have all ready been damaged to a great extent, but Anderson does not believe it is at all general.. He scoffed at any large number of growers have fully decided to abandon their crops. Grains Steady After Retreat CHICAGO, June 20 -&- The grain market steadied Saturday, recovering its equilibrium after Friday's retreat. Wheat was up about Vt cent at one time and off Vi to ft later, closing unchanged to H higher compared with Friday, July 1.19, September 11.21-tt. Other grains followed the ac tion of wheal, although oats fell s much as -Ts cent at one tune, due partly to helping sales in connection with the new crop advance. July soybeans also were off about a cent due to liquids tion prior to the delivery period and to lagging demand for meal. Buying; attributed to processors lifted rye. Hops Not Subject To Maximum Price Regulation, Word ' Kiln dried hops are lcassif ied as raw and unprocessed agricultural products and therefore are ex empted from general maximum price regulation. This information was received Saturday by C. W. Paulus, manager of the hop con trol board, from the OPA office In Washington, DC . The clarification was made in amendment four to the general maximum price regulations and became effective June 5. Paulus sent the Information to all mem bers of the hop control board and their alternates. x Will Announce New Minister WEST SALEM The. name of the new minister win be an nounced at the service Sunday evening in the Methodist church. The church conference has been in session in Portland this past week. Rev. Don Huckabee will preach at the1 evening service and Lyle Thomas will speak during the morning service. rrr rrrru fa MM n rTMi Ma biUm -rttk Lfc. cimI mmm ara AFrlJCT- EI dl-rSra. aaamttia. heart fan, aaU, it, klAMTV HiMtlaar - laUa, fa-ax, a (saute ii rati v Chtaese Her Cat, office Eras Oar Tats, as fas . aa tm 9 cm. aav4 Mmm. ai MiL Ft CcnX CW C-a. Ci J 1 - By Quinn Hall X7. 8.wUUVK m DSP'T., GEWTU-JWEN:- DJERjWAESS A GUY GOGS TvS DVS Vfi. KEEPS HSAftttt PSOPUv SAYING HCW THE. VIKW.tB WON IHTVEL AIR OR ON TrESfA... CaU this ra te-ist P6..IP SO CANT CUT our morning session "Status Fear Psylla Project," Louis Q. Davis, US bureau of entomology and plant quarantine, Spokane, Wash.; "Status Peach Mosaic Project," B. M. Gaddis or Roy Q. Richmond, US bureau of entomology and plant quarantine, Washington, DC; "Plant Problems," Dr. P. N. Annand, chief, bureau of entomol ogy and plant quarantine, US de partment of agriculture, Washing ton, DC. 1:30 p. m. Executive session. Salom Market Quotations The nrlcei below auaoliad by a lo cal grocer ara Indicative ot tha daily kat orices nald to cruwara br Sa lem buyers but are not guaranteed by The Statesman i VEGETABLES California Dlumi. 2.50 crate. Asparagus, doz. apricots, peaches. Cabbage Carrots, doi Cauliflower, crate Celery, green Cucumbers, hothouse ttaruc, ID. Onions, dry white Onions, dry, red, yellow Onions, green peas Potatoes. 100 lbs No 1 new Potatoes new Radishes, doz. Rhubarb, fancy . Tomatoes, Texas Strawberries, 24 Turnips, beets Lettuce I JO 3.50 .70 1.85 J. 50 1-5 as too 2.50 .45 .OS S-5 jM AS JDX , .14 2.25 JS , 2.50 GKATN, HA. AfID SEEDS (Baying Prices) Oats. No. 1 S5.00 to 36.00 reed barley, too 3340 to 35 M Clover hay, ton 13.00 i bay. Dairy feed. SO-lb. bag Hen scratch feed Cracked corn . Wheat l.TS 2.35 1.45 JO Horticultural Leaders Will Attend Plant Board Session The officials who guide the quarantines, standardizations and other aspects of horticultural regulations in the 11 western states, British Columbia and Mexico, will be in session in Salem the first four days of this week, and following these meetings the Western Weed conference will hold a two-day session to fill out the week. Opening the week will be the conference of the western plant board, which will end Wednesday morning with a tour of the expe rimental and research work being conducted at the state experiment station in Corvallis. Highlights of the program of the western plant board, reports Frank McKennoft, plant chief of the Oregon department of agri culture and who is a member of the executive board, will be ad dresses by Dr. P. N. Annand, chief of the United States de partment of agriculture bureau of entomology and plant quarantine, Washington, DC; Nelson B. Went z e 1 , Washington, DC, post office department; D. B. Mackie, Cali fornia state department of agri culture and secretary of the WPB; W. C. McDuffie, New Smyrna Beach, Fla. J. I E. Lauderdale, Phoenix, Ariz., will preside over the plant board sessions. Hawaii, a member of the plant board, probably will not have a delegate at the meet ing. All sessions will be held in room 321, statehouse, and all but the executive session of the plant board on Tuesday afternoon will be open to any interested person. Container standardization will be one of the main themes before the western area standardization conference, which opens Wednes day afternoon and continues through Thursday. W. E. Upshaw, manager of the Portland office of the state department of agricul ture and chairman of this confer ence, predicts that the session will show that the war has made great changes in the states' con ceptions of container standardi zation. He expects the reports to show that real strides have been made in uniformity of containers for various horticultural products. E. E. Conklin, of the federal agricultural marketing adminis tration, Washington, DC, will dis cuss "Container Standardization" early Wednesday afternoon in what will be the keynote address of these sessions. I. L. Hendrick- sen, New York, freight container b,ureau of the Association of American Railways, will report on work the bureau has done in behalf of standardization of con tainers. Other speakers at the standard ization sessions will be Douglas McKay, Salem, on "Pearl Har bor"; Kenneth Gage, quartermas ters office purchasing agent for fruit and vegetables for Alaska and Camp Lewis; Dick Ryal, Hood River, field representative of the Oregon Apple Growers associa tion; Leo V. Card, Lansing, Mich., Michigan commissioner of agri culture; Clark Van Fleet of the Oregon OPA; W. L. Close, federal and state department of agricul ture, Salem; Pete Binn, Portland; M. B. McKay, Troutdale. The time schedule for t e plant board address follows: 2:30 p. m, Monday "Latest In formation on Hypera Brunneipen nis fjjaper), W. C. McDuffie, bu reau of entomology and plant quarantine, US department of ag riculture. New Smyrna Beach, Fla.: "Potential Significance of Sitona Lineata," F. E. DeSellem, supervisor of horticulture, depart' ment of agriculture, Olympia, Wash.; "Terminal Inspection Problems, Nelson B. WentzeL su perintendent, division of classifi cations, post office department, Washington, DC; "Nursery men's Viewpoint on Plant Quarantines, Avery Steinmetz, past president, American Association of Nursery men, Portland, Ore.; "Quarantine Aspects of Potato. Tuber Moth, D. B. Mackie, chief, bureau of entomology and plant quarantine. Sacramento. Calif. Quotations at Portland Produce Exchange PORTLAND. ' Ore- June 20 AP Butter Extras 3S; standards 3',.; prime firsts 36; firsts 34ft. Butterfat First quality maximum ot M of 1 per cent acidity delivered tn Portland. 38-38ic lb; premium qual ity (maximum ot 9 of 1 per cent acidity), 40-40ic lb; valley routes and country points, Se less than first, or 39c lb; second quality at Portland 2c unaer rxrst, or 3i-3iw lb. Cheese Selling prices to Portland retailers: Tillamook triplets. 2Sc lb.; loaf, 29ftc lb.; triplets to wholesalers. 2fl',ic lb.; loaf. 1W Xb. r.O. Tilla mook. Esgs Price to producers: A large. Sic; B large, 39c; A medium, 29c; B medium 27c dozen. Resale to retailers 4c higher for cases r cartons Sc higher. Portland Produce PORTLAND, Ore. June SO (AP) Live poultry Buying price a: No. 1 grade Leghorn broilers under 1 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, 20c lb.; Leg horns under 2ft lbs., 16c, over 3ft Ids- ISc; No. S grade hens Se less; roosters, 9c lb. Dressed turkeys S 1 1 1 n g prices: hens, 27 -29c lb.; toms ( . Buying prices: toms. 24-25c: hens. 26c lb. Rabbits Average country killed, 23- wc ia.; city aiea, so-sec id. Hay Selling erica on trucks: alfai fa. No. 1, $24-23 ton; oat-vetch. $14 ton. Valley prices: Willamette clover, $10 ton valley points; timothy, eastern uregon, as; ciover, fie ton. Onions, green 40-4 5c dozen bunches: Texas Bermudas. 60s. $1-1.33 sack: Texas sweet type $2.00; California red. 50s, $1.30; yellow $1.63; Walla Wallas $1.25-1.35. Potatoes, old White, locals, $3.50 3.73 cental; Deschutes gems ( ) cen tal; Yakima no. s gems, S2.50 so-ib. hap- Klamath Un 1 S4 rental Potatoes, new. Shatter (CaL) white 100s. $3-3.25. - - Country meats Selling prices to re tailers: country killed hogs, best butchers. 129-143 lbs- 18-19c lb.; veal- ers. fancy. 21-21 ftc; heavy, ls-isc; canner cows. 14-15c: good cutter cows 15c lb.; bulls. 17-17ftc lb.: spring EGGS AND POULT-tY (Buying Prices ot Aadresea's) (Subject to Change Without Notice) BUTT ERF Al Premium , No. 1 No. 2 .41ft .40 J7 BUTTER PRINTS (Bay lag Prices) B " Quarters EGGS Extra large white Extra large brown Medium Standard Pullets Cracks Colored frys. 2ft to 9ft lbs. . Colored frys, 3ft lbs. up uoiorea nens .41 .40 .42 SI Jl J 31 1 -U J2 at ji as White Leghorn hens White Leghorn frvi (Baying Price ot Harlan Creamervt (Subject to Change Without Notice) BUTTERFAT - -.M a a . . a cimuiii ,., , ,,, ,,,,,, - .is No. 1 .40ft No 2 35 Large A Jl Large dirty extras Large B Medium A Medium Checks and under grades coiorea nens Colored fryers under 2ft lbs. Colored fryers over 2ft Lbs. , egnorn rryers Leghorn hens under 3ft lbs Leghorn hens over 3ft lbs Stags Old roosters 9 29 . 33 31 35 31 JS JS .15 44 16 JOS jOS No S poultry jOS UVESTOCR (Buying prices for No. 1 stock, based on conditions and sales reported up to spring mos 12.00 Ewes : . 4-0 Hogs, top 160-223 lbs. . 14.00 Sows 10.60 to 11.00 Veal, top 13.00 7.50 to SiW . 8.00 to t.00 $.00 to 11.00 7j0O to 1.00 JS Dairy type cow Beef typo cows . Bulls Heifers Dressed veal HOPS (Baytag Prices) Seeded 1942 con tracts WOOL AND MOHAIR Wool Mohair JS to A3 S A3 i r Dr.Y.TXu NJ. Dr.Chan, N -D DRS. CHAN-.XJM . 47HINESE BsrkahstS 241 Nortk Ukerty Upstairs Portland General Clec Co Office epea Taes4y ajul tatviaay uy It a. .(ta.a.tStolM. utM testa art fret tf chars meOfm rct Mil lambs 23-24c: yearline lambs 19.i-20c lb.; ewes 5-10c lb. Wool 1942 contracts Oregon ranch nominal. 34-37c Ib4 Orossbreds. 0-42c lb.; lamb ( lb. Mohair 1942 12-month, 45c lb. Hops Seed stock. 1941 croo. 43c: 1842 crop, fuggles setdless, 40-47c lb.; clusters. seecUess, 47c lb Cascara bark 1942 peel. 13c lb. Portland Livestock PORTLAND. Ore, June 20 (AP) (USDA) Cattle for .week, salable 2310; calves 400; hogs for week sal able 3410; sheep for week salable 3650. Barrows and gilts. Gd-ch 140-160 lbs. $13.000 13 M do gd-ch 160-180 lbs. 13.50 0143 do gd-Ch 180-200 lbs. 14.10&14-33 do gd-ch 200-220 lbs. 13.83(1 1135 do gd-ch 220-240 lbs. 13-50 14.10 do gd-ch 240-270 lbs. 13.25 13.73 do gd-ch 270-300 lbs. 13.006 13.60 Feeder pigs gd-ch 70-120 12.30 13.50 Steers, good, 900-1100 lbs. 12.73 do medium. 750-1100 lbs. 11.50 do common. 750-1000 lbs. 9.75 Heifers, good. 750400 lbs. 12.00 ao meaium, oou-voo ids. ioo do common. 300-900 lbs. , Cows, good, all wts do medium, all wts ao cut-corn, all wts do canner, all wts. , , Bulls (yearlings excluded) beet, gd, all wts do sausage, gd, all wts do sausage, med.. all wts do cut-corn, all wts. Vealers, gd-ch, all wts. do com -med. all wts. . do culL all wts. , , Spring lambs, gd-ch do med-gd do common Lambs, shorn, med-gd ao common . Ewes, shorn, gd-ch do com-med 13.73 1 12.78 11.50 H2M 12.00 eioiw 1 10.50 9.75 8.75 135 11JS0 11-3 1033 9.50 140 13.30 $.00 H3.25 11011.50 10.00 11-5 8.73i t.73l . 8.73 ( . 7 .00! 6.00 ( 10.504 10-54 9M4 S.OOd 13.504 $.004 7.004 12.73 $.500 9.00 7.50 g.23 4.23 4.73 2.00 43S Lockheed Worker Home BETHANY Gordon Henjum, who Is employed at Lockheed alr plant factory at Burbank, is spending his vacation at his home here. C. B. Henjum Is employed at Camp Adair hauling gravel. Portland Grain PORTLAND, Ore- June 20 (AP) Wheat: Open High Low Close July 90 90 . 90 90 Sept. 93 93 83 93 Dec. 96 ' M 96 96 Cash grain: Oats, barley and corn unquoted. No. 1 flax 2.50,. Cash wheat (bid): soft white ex cluding Rex 941.: white club 951k: western red 95', i. Hard red winter, ordinary sou: 10 per cent 99; 11 per cent 1.02; 12 per cent l.M. Hard white baart. 10 Per cent 99&: 11 per cent 1.03 Vfc: 12 per cent 1.09. Today's car receipts: Wheat 39. bar ley 2. flour 3, corn 3. oats 6, hay 6, millleed t, flaxseed . Stocks and Bonds June 29 Compiled by The Associated Press STOCK AVERAGES 30 18 IS 60 Indus Rails UtU 8tks Net change VI Unch D.1 D.l Saturday 52.1. 14.4 2S.6 33.6 Previous day 82- 14.4 23.7 35.7 Month ago 49- 14.9 23- 34J Year ago . . , ac t is.s .t 41.4 1942 high 66.0 17J V3 38.7 1942 few 46i 14.4 llJ. 32J BOND AVERAGE 20 10 1$ Ralls Indus Utfl Net change Unch Unch A3 Saturday 59 S 103.1 99- Previous day N.I 103.1 95 Month ago 62.8 103 $ 94.2 Year ago 644 104.8 101.4 1942 high 63.8 103.7 100.$ 1942 low 59.8 102.6 93.6 ft. A3 49.6 49.4 47J 46.4 49$ 4141 West Salem Vacalion Bible School Is Ended WEST SALEM The vacation Bible school held at the Mennon lte Brethren church for two weeks closed Friday with a program for parents and friends. The average dally attendance was about 80. . " " Big Harvest Is Underway - Peaches Being Thinned; &r 1 Canning Peas Are Being Picked GRAND ISLAND Peach grow ers In the district have a large number of workers thinning peaches. All orchards' are heavily loaded this year. Harvesting of the canning peas is now In progress. The crop Is being cared for at the Ray Maling pea viner in the Unionvale dis trict Fanners are now busy taking cart of the first cutting of hay. Due to the wet season the hay has become too far advanced to make tha choicest fee Flax grown in the district Is now blooming, with come measur ing as high as 60 Inches. The wind and rain has laid it down to some extent Almond Tree Is Heavily Loaded WOODBURN Joseph NiMer, whose farm is on the Pacific highway Just south of Belle Pass! school, has proved that soft shell-'' ed almonds are another crop that can be grown successfully In tha Willamette valley. He has one tree so heavily load ed with" nuts that he has had to use 20 props to hold up tha branches. He says he expects to get four sacks of nuts from one tree. Onion Weeding Takes More Than Usual Time LAB1SH CENTER Due to the heavy rains, the first onion weed ing was longer and harder than usuaL Some have completed their second weedings this week. Soma growers with heavy stands ara afraid of mildew, although at yet there is none prevalent 75y1 LT ' i There la nt personal mt business emergency which we cannot help yea meet with a conveniently, geelyarraxiged loan! Drop lata ear offices far ' STATE raiAHCE CO. FOB MONEY IN A HUUT 144 State Phone t2Sl Lie 8-X1I M-221 OH. BO 1 CAN HARDLY BELIEVE IT.' TWENTY-FIVE THOUSAND DOLLARS VVRAPPIN'UPTHAT WRECKIN' WRETCH SAVED UNCLE SAM MILLIONS - BUT,-TWENTY- FIVB GRAND AIN'T SAND! HOP, YOU'RE RICH! WHAT'S THE PITCH? HOP HARRIGAN . NO? AH-H! DEAR X TANK! WB PAL: LITTLE ARB NOT CHUMf DO YOU ) TOUCHING KNOW YOU n. A CENT OWN THE EXACT )OF HOP'S SUM WASH AND AAAONfeYI NEED TO COMPLETE OUR SUPER-DOOPER BOMBER, PAL? GOSH, TANK, I DONT KNOW. i STICK THAT CHECK IN THC BANK NOW. BEFORE THE WOLVES GET THE SCENT, yWVALL RIGHT! BUT WHO'S GONG TO BOTHER HOP ? NOBODY KNOWS HE'S GOT A40NEV (JUVWS VIM, HWK. A j b6aJrI - C-Ji H -- "- INVEST-Jl COMES! POUBLEX 5T -vSrCiwE-sN f SIGN IN RealK -c-ri II HERK-V ESTATE AMUSlC SJ MIL. IA& fWT Vftlt r r w " ' OA05-F T DOT V-U OH.5oy I CAN'T WMT TOTORN IM TONK3HT . SS 7c-- BAHNEY GOOGLE TH lDBA-Or I Xjj VAMAKH A S H- BETTER fV tT ONLY MICXEY MOUSE VCANT AAAKB A.HOUffE. t PRACTICAL ! tH UKg TO U4QNYJ (DOORniC2T IT! ) PET OUT OF A UON! AcTlDE (V-A 'X (izzat' 1 1 2 r.4!g-fa ---Ai iwt- -5- s kV00-5W3FFy.PHAR THAT ciLrV8 CALU$ MOfiN INff VER-O BETTER 5TTOU CV 'AT RUBBISH IM THEV U3ELL, 1 CZ?& HOLD UXT' THB rVR J?7$x5 1 " THIMBLE THEATRE POPEWE, NH CA8IN rS FULL OF rT5 CRAU)-Usl( UTH OMETHJKJ AULTH' SAPS-THEV, ARE PRtSlNetR J OJEUUTHAT A RELIEF, CUT-, VER5EEM LUITH TCRMlTES I j i A Cm Wl, bf fawn Man tt,W( O r HONEST, ZERO. EVERY TIME I SEE THATSCAW-lQCXtfMAM 6H00W( ROUND HERE. I GETTHE WJM-W4M5 SOMETHW AWFUL r i uso UTTLE ANNIE BOONET'I hedctsaynothin; but he looks ukehe VJA3 AUDATEVERyBODy-. SPfCIALLY UTTLE KID5 7f I KZWPPFTZNDtfTMNJT SCARED, T BUT EVERY TIME I EVEN THiNK OF KIM I KINDA 5rVTR AAT VXANNA RUN AH? 7 H5DC SOME PLACE . TH5DC SOME PLACE M h .f ALL THE KIDS Af5 5CA8EDXAU5S MJtftZ HE VAW3T0A0C4TTiaM-- EVERY KID WANTS TO HAVE RXKS-RJT THEY DONT WANNA FATHER WHO HATES KIDS ArALWAY30K3SA GRZATCV3 STICK 1 , rgsyyr' in DP TO US SILVER. WiYf OOTTOXK? I THOSS CATTLE -TWEYfS BACK UNTIL TOKTO QtS WITH HELP. .9.00 a. tew Tuesday, June 23