Finaircial
Markets
Comics
arm
PAGE EIGHT
The OREGON STATESMAN. Salem. Oregon. Tuesday Momina. July 7. 1942
F
Stocks Go Up
Third Session
Buying as Seasonal
j. Investment Puts v
Optimism in Fore .
ftock market made it three ad
vancing sessions in i row Mon
day: as most I Wall streeters re
turned from, their lengthy week
end in a moderately, optimistic
mood. U .
' Industrials held the play after
early rising rails met a little profit
selling opposition.. Gains, ranging
from fractions to. more than 2
points at the best, were reduced
It lont -& ihtt riftCA fit,
though favorites finished well in
front;-; ' :.; . ",
Buying, as in last week's bulge,
i was attributed mainly to .seasonal
Investment influences which, for
the cast half -century. ' have en
bled the market In the majority
of Julys to exceed top levels of
June. . . . -
Bolstering bullish ideas also
were the sinking of Japanese de
stroyers by US submarines in the
Aleutians and ? the better brand
Of news from the fighting front
In Egypt Cloudy war bulletins
from Russia were a partial offset
The . Associated Press average
of 60 stocks, aided by broad
swings in a few blue chips on
restricted volume, was up .5 of a
point at 36.3, best day's rise since
June 8. Dealings were relatively
fast In the first and final hours
and transfers totalled 420,210
shares compared with 356,550 last
Friday. Activity was. the most
pronounced since June 5. '
Selling Makes
Wheat Slump
' CHICAGO, July e.-(P)-Wheat
prices tumbled more than 2 cents
a bushel at one stage Monday to
- around the lows posted nere late
last month, when quotations In
the bread cereal futures market
reached the lowest level since
before the Pearl Harbor attack.
TIavy selling, mostly to hedge
commercial trade purchases ' of
new wheat accounted for the
break. First hew wheat of the
season arrived here. Wheat, was
off more than a cent at the open
ing but then ' steadied only to
slump anew around noon. Late
short 'covering and some buying
' credited to mm just . Deiore ,ine
close .luted prices about a . cent
-4-.--- 4k lAt miVIaU 4s-m Thi .
XI VUl U1C WW) W1UUI.AU1 vui;
livery. was $1.15.
. .Wheat closed itt-U cents low'
er than Friday, July $1.18V., Sep
tember $1.18-.
Produce Mart Prices
! PORTLAND, July 6.-(Vrhe
lustomary post-holiday avalanche
4t supplies failed to materialize
on the farmers' wholesale market
Monday and most offerings were
limited. - ' -
In ' the berry division, straw
. berries and : raspberries were
mostly $1.40 to $1.50 crate, young
berries $1.50, blackcaps $1.60 and
loganberries $1.25. ' '
Corn sold to 45 cents dozen,
beans at 8 to 9 cents pound, spin
ach around $1.25 orange box, peas
to $2.10 orange box, cabbage to
f 1.25 crata, lettuce to $2.25 crate.
, The few bing cherries available
moved at 8 cents pound. .
Root vegetable prices were un
'changed. : V : .'
Ickes Doesn't Like
Two McNary Bills
f WASHINGTON, July
;Two bills introduced - by. Senator
-. McNary (R-Ore) to promote sus
;tined .yield forest' management
4 lave been" reported unfavorably
-. ly Secretary of the Interior Ickes.
Ickes said the almost identical
iills did not provide proper place
' ment of authority since both the
agriculture and the interior -departments
were involved. '' '
Two Privates Appear i
As WAAC Recruits
:". PORTLAND, July 6-WVMaybe
: they all wanted to be officers, j
Anyway, recruiting headquart-
v era, swampea wnn oiiicer appu-
cants for the women's army aux-
, uuujr cvrps icveuujr, iuu uiujr two
n4if49 IffAnitv fsw 11 1 .. 4
US employment service Monday
called for more than 2000 Ore-
. gonians to train as welders, pipe
fitters, electricians and sheetmetal
- workers in war industries. :
Occtal Soreness
Ct Relief ttew lasy Way...
: Sit In Cemfert
Don't kt W?&JC--Around
rectum. Few pl ItaWj to
rv.l wonttst U Pro-Ur-moB R.etl. Brlnr
ooun W i comfort -epoacomtoeU
rrat prolactin film orer fJfI5
i r-. W en thwirho
i , a ti iBB. en money ro
V l C.t t; .d-r tUt UU9.k tot,
EIlUG SECTIONS
"Strictly Private"
Tt 4 SCO GOT FMCOCAUXf
cr H a vex Bain- rr
IM OUR UL rWOWW SOMAC ,AB6
Awnr wm muchtdkuhis a.ja.i atssed
VOOR CM
Wi4 WrW hMM
Quotations at
Produce Exchange
PORTLAND, Ore, July AP)
Produc exchans: Bttr: xtra, M',4;
tandards, 37; prime ilnts, S6; ttrsts,
35,4.
Buttertat, Mli-40. -Iggn:
Large extras, J4; itandarda, S2;
medium extras, 32; sUndards, 30.
Cheese: Triplets, tlr. loal. 3214.
Portland Produce
The loUowint" are the prices retailers
pay wnoiesaic except wucu oiunnsn
noted: - ' ;
Butter Prints. A rad, 41,ie in
parchment wrapper. 43 Yc in cartons; B
grade, in parchment wrappers,
41 'ic in cartons.
of .$ of 1 per cent acidity delivered
in ronuna, iinuuuiu
quality (maximum of .35 of 1 per cent
acidity), 42-43c lb.; valley routes and
country points, 2c less than first or 39c
lb.; second quality at Portland, 3c un
der first or 38Vi-39c lb. - - .
Cheese Selling prices to Portland
retailers:' Tillamook triplets. 284c lb.;
loaf, 29aC lb.; triplets to wholesalers,
26,i lb.; loaf. J7",c lb. f. o. b. Tilla
mook. . ,
Eggs Price to producers: A large, 32
34c lb.; B large, 30-32c; A medium, 30
32c; B medium, 28-30c dozen. Resale to
retailers, 4c higher for cases, cartons,
8c higher. - ,
Live poultry Buying prices: No. 1
grade Leghorn broilers over. lbs.,
18c; colored fryers, 2 to 4 lbs., 23c;
21f-4 lbs, 22c; under t lbs. lfc; col
ored roasters, 23c; colored hens, 20c
lb.: Leghorns, under 2,4 lbs, 20c; over
3 lbs, 18c; No. grade hens, 5c less:
Nd. 3 grade, 10c less; roosters, e lb.
- Dressed - turkeys Selling prices:
Hens. 27-29e lb. Buying prices: Toms,
24-25c; hens, 28c . -.- ,
Rabbits Average country killed, 23
30c lb.: city killed. 30-37c lb.
Onions Green, 40c doi. bunches:
Texas Bermudas. 60s. Si JO sack; Cali
fornia red. 50s, 1.23; yellow. 1.40; Walla
Potatoes, new Shatter (Calif.) white
Rose. 100s, 315; local. 1.00-1.10 lug.
Country meat-Selling prices to re
tailers: country killed hogs, best butch
ers. 129 to MS lbs.i 19-19 lie lb.; vealers,
fancy. 21,i-22c; heavy. 17-18c; camjer
cows. 14c lb.; good cutter cows. 14e
lb.; bulls, 17c lb.; spring lambs, 20c
lb.; yearling lambs, good, 19-20c lb.; do
heavy. 18-15C lb.: ewes, 5-8c lb.
Wool 1942 contracts, Oregon ranch,
nominal, 34-37C lb.; crossbreds, 40-42c
lbMohalr 1942 12-month. 45c lb.
Hops Seed stock, 1941 crop. 40c lb.;
new crop, fuggles seedless, 40c-47c lb.;
clusters, sedeless. 47c lb.
Cascara bark 1942 peel. 15c lb.
Hay Selling price on trucks: Alfalfa,
No. 1. 24.50 ton; oat-vetch, 14.00 ton;
valley prices: Willamette cover. 10.00
ton, valley points; timothy, eastern
Oregreon, 25.00.
Portland Livestock
PORTLAND, Ore, July AP)
(USDA) Cattle, salable 1S50; total 2000;
calves, salable and total. 22; hogs, sal
able, 2000; total. 2800; sheep salable.
1000; total. 1300.
General hog range:
Barrows and, gilts, good- - M
choice 140-iwi ids. "-rr
. do 160-180 lbs.
do 180-200 lbs. .
do 200-220 lbs. .
do 220-240 lbs.
do 240-270 lbs.
13.75 14 JO
14.33 14.60
14.00 14.50
13.75 14.33
13.50 14.10
13.25013.73
do 270-300 lbs.
Feeder nigs, gd-ch W-WO lb. 13J014JO
steers. - cnoic . . j -
do good SOO-11004 lbs.
v do med .700-1100 lbs. -do
com. 700-1100 lbs.
TToif ar. mnod 750-900 IbS.
: 13.000 13.85
. 11.00 13.00
;' 9.25611.00
'II Ofl 11.71
do medium 500-900 lbs."
do com 500-900 ibs,
Cows.' gd. all wts. ' r
v do mL all wts. r, .-, r
9.7512.00
8.00 a. 9.73
S.5O0 9.00
9.739 50
g.OOf T.73
8.00 COO
do cut-corn, all wts
Ha onr. all wts.
Bulls (ylgs. excld.) beef.-'
gooo, an wn.
. 10.50 11.00
10.25 10.57
. .9.30 10.23
8.00 9.50
13.00 14.00
,. 8.00 13.00
i 7.00 8.50
, 11.50 12 00
10J5 11.23
9.00 10 00
7.50 (3 8.00
3.00$) 3.50
1.500 8.00
do sausage, good, all wts.
do aaus, med. all wts.'
do saus.. cut-om, all wts.
Vealers. gd-ch, all wts
-i' do comned "all wts
do cull. aU wts.
General sheep range:
Spring lambs, good-ch
do med. and gd.
do com. u
Yearling wethers (shorn).
med. and good s
Ewes (shorn), gd-choice
Stocks and Bonds
. " . July 3 : ' - i
ComoUed by The AssocUted Press
BOND AVERAGES . -
" ' 20 19 lO JO
Rails Indus Util Tgn
Net change . A 2, A X Unch Unch
Monday 814 103.4 , 95 49.0
Previous day iu inj so. J esf.n
Month ago - 61.3 1033 MJ 49.1
Year ago 64.T 105.9 101.4 47.
1942 hign ,i om ivo.7 juu.e .o
1942 low 59.4 102.8 . . 93.8 - 41 J
STOCK AVERAGES
30 15 15
' Indus Rails UU1
Net change A .7 A .1 A J
Monday -. 52.8 ; 15 ,23.8
Previous day 52.1 : ' 13.7 23.3
Month ago 62.9 - 15.0 243
Year ago 60.9 17.4 31.
1942 high . 56.0 17.8 27.r
1942 low 46.0 14.4 21.1
60 '
Stks
A J
MJ
33.8
33
42 $
' 38 .1
32.0
Oregi
on Peaches Sold 1
; PORTLAND. "July .-6PV-The
first peachfs from western Ort-l
gon were olfered on the farmers.
wholesale Biarxet Monday. : .
Tney were Mayflowers from the
Cornelius .'sec 1 1 o n and thv
brought 11.10 .box . and $1.25 for
some crates of four baskets. ' -
By Quinn Hall
ISA : A
WA
Portland
Portland Grain
PORTLAND, Ore., July 8 (AP)
Wheat: . Open High Low Close
July J2t i5 MM JJ3
September Si M M Si
December M . M M M
Cash grain: Oats, barley, corn and
flox unquoted. ' . l-'
Cash -wheat (bid): Soft whit. 96;
soft white excluding Rex, 98; whit
club, 98; western red, 98. ' ; . .
Hard red winter: Ordinary. 84; . 10
per cent, 96; 11 per cent, l.Olii; 13
per cent, 1.04. - -
-Hard white Baart:10 per cent, 1.03;
11 per cent, 1.07; 12 per cent. 1.11. .
Today's car receipts: Wheat, 126; bar
ley, 1; flour, 44; corn, 2; oats, 1; hay,
6; millf eed. 33; flaxseed. 2.
Wool in Boston
BOSTON.. July 8 (AP) (USDA)
Inquiries were received today for med
ium fleece .wools, a few sales resulted,
and options placed by nulls who have
bid on recent government orders : for
blankets. Bright country-grade three
eighths and one-quarter wools were at
48-50 cents, delivered mill. Some semi
bright medium wools were, reported
bought in the country at price of 41-43
cents, delivered. ' - .
Salpm Markot
Quotations
, The price below supplied by a lo
cal grocer are indicative of the daily
market prices paid tp growers by Sa
lem buyers but are not guaranteed by
The Statesman:
VEOKTAfilS
California plums, apricots, peaches.
2.50 crate.
Asparagus, doa. 1.20
Cabbage S.60
Carrots, dos. ' JtO
Cauliflower, crate - 1.8S
Celery, green - 3.73
Cucumbers, hothouse 1.00
Garlic, lb, ' 1
Onions, dry whit 3.00
Onions, -dry. red. yellow 2 JO
Onions, green A
Peas j09
Poutoea, 100 Ibs No 1 new SJ3
Potatoes new M
Radishes, doz, 45
Rhubarb, fancy X2
Tomatoes, Texas - J4 -
Strawberries. 24 - 2.25
Turnips, beets 85
Lettuce 250
GRAIN, BAT AND SEEDS
(Buying Prices)
Oati No. 1 85.00 to 36.00
reed barley, ton 33.00 to 33.08
Clover hay. ton 13.00
Alfalfa hay. ton
18.00 to 20.00
1.71
2.33
2.45
' JO
Dairy feed. 80-lb. bag
Hen scratch feed
Cracked corn ,
Wheat
EGGS AND POULTRY
(Buying Prices of Andreseo's)
(Subject to Change Without Notice)
BUTTERS' AT
Premium .42
No. 1 .40',i
No. 2 J7
BUTTER PRINTS i
(Buying Prices)
A
-4H4
.40
A2i
o
J33
M
Jl
21
21
23
22
J9
46
J8.
Quarters
Quarters
EGGS
Extra large whit ,
Extra large brown
Medium
Standard '
Pullets
Cracks
Colored try. 2i to 3,i lbs. .
Colored fry-, 3Vb lbs. up
coiorea nens
White Leghorn bens
Whit Leghorn frys
f RavlH - ta-ia Pm.mm l
(Subject to Change without Notice)
BUTT ERE AT j.
Premium ; . ' w42
No. 1 - - - "
No. S ; MY,
EGGS -
Large A ' 33
Medium A " 21
Large B " , , , 21
Medium B 29
Large dirty ', , , ; ;- '20 '
Checks, utidergrades JM ;
Colored hens . .. . 39
Colored fryers over 21,. lbs -,, ., " 29
Leghorn fryers 38
Leghorn hens ' under 3',i lbs - 44
Leghorn hens over 31. lbs .18
Stags ' ' ' JW :
Old roosters ,-- , . .. 07
No S poultry JU Us.
lTVESTOCJ' '
. (Buying price for No. 1 stock, based
on conditions and sales reported cp to
Spring lambs ' ,' , ' 10-50
Ewes , ,' 4.00 -
Hogs. top 160-225 lbs. 14.00
Sows 10 00 to 11.00
VeaL too 13.00
Dairy type cows
Beef type cows
Bulls - .
6.00 to 7.00
7.00 to 8 50
8.00 to 10.50
7.00 to 8.00
49
Heifers
Dressed veai
HOPS
(Baying Prices)
Seeded
1943 contracts
22 to .63
. 48
.. -43
WOOL AND MOHAIR
Wool
Mohair
Try as f Chinese remedies.
Amazing SUCCESS for S069
years la CHINA No matter with
what ailment yea are AFFLICT
ED disorders, r tntuitis, heart. .
tang. liver, kidneys. stomach.
fas,- eonsttpatioa, ulcers, dia
etis, fsTsr skin, (mal com-
plaints :v- i
XMatsi jHerb C.
Offle Henrt Ottf
Taes. .aad Sat, 9
. ajn t 6' J.' and '
San, and Wed. 9
.-,( It3 PJBL
12- K. Crl Et, SaJeto.
I "S I
-- . -i- I
C. t
Yard Worker
Riot Probed
( TORTrVND, July 6,-)-Sher-iff
s officers Monday launched an
Investigation' to place responsi
bility for a riot that prematurely
broke up a shipyard workers' pic
nic at a resort here Sunday. -
Chief Criminal : Deputy Holger
Christofferson said the probe
would continue until it was
learned who caused the 36-hour
picnic to be turned into a panic
before it had run 24 - hours. He
said he did not know if any crim
inal charges would be filed.
Deputy : George - Minielly said
100 cases of beer were stolen and
$1000 damage done to . resort
buildings when the picnicking
workers stopped the sale of drinks
and closed several gambling
games early Sunday morning. '
Peas Left to Dry
MILiTON-FREEWATER, July 6.
-(VAbput half of Umatilla
county's pea crop will be harvest
ed as dry peas because hot weath
er last week speeded ripening sol
much that canneries were unable
to hand! the crop canners said
Monday.
Plant Win E Award
TORTLAND. July 6.-UP-The
Electric Steel Foundry company
will become the fourth Portland
war plant to 'receive the navy's
pennant for excellence in pro
duction Thursday, company of
ficials said Monday. -
OROER
VOC?
ORDER
IN THE;
COURT
TANK!
TOBEV
NOV
HOP'S
CAPFUL
DAD LEFT
1
HOP HARRIGAN
AT'YDUK UOM I ...TKYINT
WS HALF-WWA W1SWT
TO THE: XI SHE'D ET
coy iri vm
MICKEY MOUSE
8 - lr -
SkLtT
rRCACH UJAf5M!WiTOW.
KNPrcutzevou
THIMBLE IrlEATRE-
V Z J&SJ RV-WVftTAfWT3
n !-rVj yi wxwoov-v
i--llli2-i
BARNEY GOOGLE t.. ' - - .,vg
: HA, HA -vfTAlAKtSME Dl LAUSHSUG)
-it-rv, i untm rn t n ll 1 1 x
HERS THAT VLL GROW LP '
AN' BE USED TO MAX t
IJTTLE ANNIE ROONEY
I'LL SHOW YUH WHAT I THlttK
HEW RULc.'
iw,
tus Lo:rs EAKGra v
Buddy Rogers
, . , , - :
t "
. - s
i r
i :. . : '
'"W,,V" "Jir,X t
'" - -r... V i
;
- . 'J '.y
' '''.,'
v "'- ' X , ?.'
: : V-..:- :"4. ;'..:':
-'f . ' -,t " " ' v "-S. '
ly-t'-1 -;
I ., , ,;...3;
Lieut (JG) Charles E. 'Buddy" Eogers, USNK, (right) talks with
Lieut Comdr. C. C McCauley aide to the commandant at the naval
air station at Corpus ChristL Texas, as he reported for duty. Uent
Borers, former movie actor and a private pilot, will take a refresher
flight course leading to various naval non-combatant flying duties.
Home From Portland
SALEM HEIGHTS Mrs. E. A.
Carleton returned Sunday from
Portland where she visited friends.
HONOR! t HAVE
HOP'S -PAPA NEVER Sl6NEoT
THOSE HJARDIANSHIP J
PAPERS OR THE WILL f
THEY'RE FOR6ERlStJ
EVIDENCE PROVING
AND CRASS
QMS SWIPED
FARM AND A
OF CASM WIS
HIM, BUT-
TD GTT 'PC?
SANkCHTVOP
his office:,
OFFIC4AU
SENDS TOR THE
OIYCXXWQL
HEAD!
T-7
I 142. Rjn( Ttumnt Sr-dk-tt.
THERE 50ME MORE
RUBBISH ON DECK,
i f ttlMTZHJ
r UUUINiV.
KMOLU
tGlVrD ADMIRAL
WGR5HIP
I
fMY G0ODWE55 WHATS RiNMy. K
HAVE A CHANCE "TO
OM OUR FARMS-. IT
OF VtR
HERE GOES THE OTHER.
5APPLEE-Afo
it-" !S3-6'!'
'. r - ir
, i a. W. i
- i l
Reports for Duty
Mrs. Craig in Seattle..
SALEM HEIGHTS Mrs. D. D.
Craig has gone to Seattle to visit
her son Jack and other relatives.
-ANO HERE'S
LITTLE LADY WHO
CAN PROVE
IT trrrSMiSS
fuRS ViBOOT. CMOS
1 SOuWS
j 7 :
Inc.. World f!x rc-trI
AH! TPRESU
V
HUMPH! MXJ
MXJR I40NOR WS
OUGHT TO
BEEN SUCCESSKJI-1
KNOW YCXJ
IN THE,
'CANT REASON
EK...
LION
potj
CfJ3
WW
A1
Ort mi. w M
VoHd il Kg-
THATMMAW)
CXUNrWSrrOOTlM1
I "TOOKeO
UJB-L.
HERE
GRCWA - .CK3MS
WttOKE.SICK.
jLuw rKt 1 1 7
tt FOLKS
j,
ft
NOT MO.
WAIT
.-Jrr
7 .
i I 71
P..
rS J'ti n"T
6 Oregonians
Die, Holiday
By The Associated Press
. The Fourth of July weekend
brought violent death to six Ore
gonians. Drowning took four
lives, an Vautomobile-todn colli
sion, tWO. ":, :
' Drowned were Robert Hollings
worthr 29, Roseburg; Mrs. Viola
V. Hayes, 28, . B a n d o n; Ernest
Richmond, Grants Pass, and his
seven-year-old son, 3obby. ; ; - .
Killed in the collision were Mr.
and Mrs. , Walter E. Robertson,
Eugene, occupants ' of the auto
mobile. r- - " - . -: '
Loans on New Homes .
Down During May
WASHINGTON, Jul y 6.-UP1
New home construction loans,
curtailed by wartime building re
strictions, totaled $125,900 In Ore
gon during May, Oscar R. Kreutz,
general manager of the .Federal
Savings and Loan Insurance cor
poration, reported Monday, i.
The 22 insured savings and loan
associations in the state made
home loans totaling $340,100 dur
ing the month. "
Leehey Promoted .
PORTLAND, July eHJPh-Pro-motion
of Donald J. Leehey, chief
of army engineers in the Portland
district, from Lieutenant Colonel
to colonel was announced Mon
day. - v . -
T7
THE
r . w'"
CAN'T
RROVS
' A .
F 1
UWt
1 MY HOP. 1
HOW VOU 7
O HAVE C
AGROWN J
W71
1 -W H6-.CJ--SW B
Ml '
JU H I I
mm
4f
ANYHOW. X SWOULON'T
HAVE LOWERED
-
MrmFTO
SUCH
A MISSION!
ASSOOH
LION
SEE! X-kJATtl ct? ry-u ikfTOij
- i
w i - - -
ft r. ....
iAt-lA.l Si .
COMES
Cof. r41.KVtl
i9-dfcvC,Workl
5URriBtlTIKEEPSEWTC ,) rirRRTiJ5miTOmcr f UltSTtlKE THE
RCES OF7HC WDS WHO. WILL' fJ ARRyM-WKA,Cmr-5H ML amnimn
HAVE TO SKttlOW IT-,TH r5R--AUanR-wT
www, du I l X CVtK v irjA HAPPY HXMill
HcAkU
L
-arM
mm
W f Tsr--.l
Astoria "Worker Dies
Of Sunstroke
. PORTLAND, July HDejth
toll of Oregon's heat Wavo last "
week rose to 23 Monday as David ,
McGregor Mersereau, 24, PortUuid,
died at an Astoria hospitaL "
... He was a victim of funstroke
last Tuesday while woti for
the Young's Bay Iumber 4 com-
pany at Warren ton. - -
ft
W - ! :.
Cash In A Hurry .
With A Personal
:. Loan - i 1
When you need money
quickly, come to us for
a personal loan. We will .
be . happy to extend a
loan to you without de
lay . . a loan you can
repay oa ally over a
period of time.
For Money la a Harry See
Stale Finaaco Co.
S44 SUte " Phono KC1
Lie S-21J M-222
- . unme rc vm iocac;
1 LAWVER CRASS ' -JAZ
TOBEy MEPWTS! HUMPH
lQWSi WE8STER SAYS,
THe BEST fcTNOWN SPECIES
OF WHICH 5-THE COMMON
SKUNK!
(rjsH
...I REALJZEP THE
WHOLE MATTER WAS
BENEAJH MY DIGNDTY
rCt37TAJr4LY'!
YtXJC?
HONOR!
- - ---,( f f-
-.- t M-ri i
. . . . . .
av a v v
VAPAK1
THE SWEETESrl - WE CULUaA
: J
THAT 5 EMCXXaH 'M
A
l-ri