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.
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By Quinn Hall
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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.
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r r w " '
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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