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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (July 14, 1942)
Far: Markets Go mi QUI PAGE EIGHT Tbs 02EGON STATESMAN. Saloxn. Orjon, TaMday Morning. July 11 1942 Leading Stocks Co Downward . i Profit Takers Cash In on Last Week; Worse News i NEW YORK, July U-W)-l&i-lng stocks edged downward in Monday's, market without being subjected to any real selling pres- sure. .. Recent buyerswith sizable pro- : fits on last week's sharp rally, second best for the year to date, " Included to cash at least part of them in the wake of more dis couraging Russian war newjj. The slightly better outlook in Egypt failed to provide much stimula tion. In addition, the latest house ' ways and means committee tax proposals were viewed as bearish tor corporations. , The Associated Press average of CO stocks was off 2 of a point at 37. Transfers of 278,840 shares compared with 435,415 in the pre cering full session. The business pattern gave noth ing much in the .way of market " sustenance. Steel stocks virtually ignored an estimated increase in this week's mill operations, of 1.4 points at S9.1 per cent of capacity. The scrap situation, while hold ing well for the moment, was ex- - pec ted to prove a detriment to Steelmakers in coming months. 1 Among share losers were US Steel, Bethlehem, General Motors, American Telephone, Santa Fe, : Great Northern, Standard Oil (N J). Sears Roebuck. United Air craft, S perry, Anaconda, Cerro de Pasco, Wesunghouse, Consoli dated Edison, Johns Manville and -US Gypsum. Chrysler ended up a shade, along with Goodrich. Boeing. Deere, Philip Morris, Du Point, Dow Chemical and International ' Nickel. :'; ,Of 615 individual stocks traded, 294 were down, 150 up and 181 unchanged. Grains Wait On Congress CHICAGO, July 13-(tf)-Atten-tion of traders in the wheat pit was focused on Washington Mon day, where the deadlock on sales of government owned grain for livestock feed remained un changed, and prices moved with- In a narrow range in quiet deal ings. Other" sections of the market, however, displayed independent strength, with corn pacing an up turn in oats, rye and soybeans. - Trading in these pits was also slow. Wheat' closed lower to V kiger, July $1.20, September $1.22 Wheat sagged early on hedge selling, losing about cent, and then rallied as shorts covered when no pronounced weakness was uncovered on the decline. Strength, in com was attributed largely to official returns indi cating that farm disappearance of this grain during the past three months was the largest on record Disappearance -totaled $527,000,000 bushels against 445,000,000 bushels in the three months ended- July 1, 1941. Mart Prices Richer PORTLAND, July 13-(yP)-The prices were firm to higher on the aimers' Wholesale market Mon day in many lines. The market was active and supplies liberal. Strawberries brought $1.50 to Jl.60 generally while raspberries were $1.50, loganberries $1.35, youngberries $1.35 to $1.40, black caps $1.40 to $1.50 and Boysen berries $1,45 to $1.50. The lettuce deal was keen with prices to $2.50 crate. Green beans were scarce and sold to 12 cents pound. Cucumbers were priced to $1.75 for Is. Corn sold from 35 to 43 cents dozen. Cherry Trade Good PORTLAND, July 13--Ac-tive trading in cherries was noted ax uie farmers' wholesale mar ket Monday. Pie stock sold from 7 to 9 cents pound while Royal Anns were to 10 cents and Lamberts 9 to IZ cents. Gravensteins Annear PORTLAND, July 13-()-The Farmers' wholesale market offer ed its first Gravenstein apples of the season Monday. Price was 11.75 box. The first Dutchess also were offered. Try BM el Chlnett temnH'i Araazlac SUCCESS for 50M rears tn CHINA N natter wrtfc wbal aliment yaa arc ArrLICT ED disorders, oultls. heart luuj. Urer, kidney. - stomach, rag, coastlpation. cicers, dia- ua, revet, asm. (mum Chinese Eterb . Co. Office Boar Only net. Sat, s sjh ta t i.m. sad Sua and Wed, aja. It ltJI aum. 1Z3 N. CoraX tU Salem. Or. 0 "Strictly Private" By Quinn Hall , 1 " K ?M2c IK WDM Mr?.: . . TlBCaaJEL r AWD AT A&.1. VVS KU CUT ASCOT SOW THE. MV V? I wis anit nirr tn 1 wrV3C rvji ir an JJW Mlr IrWAl vi. PrV omv nc r UKB. I WD GNE WY A WLTT&RY SECRET. SbtlR ON Wife WwM ImIkm Salem Market Quotations The prices below supplied by a lo cal grocer arc indicative of the dally market price paid to grvwra toy Sa lem buyers but axe not guaranteed by The Statesman: VEGETABLES California plums, apricots, peaches. -m crate. , Aaparagua. dox. Cabbaga carrou, . aoz. Cauliflower, crats Celery, green Cucumbers, hothouse uaruc. 10 Oniona. dry whit , , ., Onions, dry, red, yellow Onions, green Peas Potatoes. 100 lbs No 1 new Potatoes new Radishes, dor. Rhubarb, fancy . Tomatoes, Texas Strawberries, 24 Turnips, beets Lettuce 1.20 1.50 Q 185 3.75 1.00 .IS . 2 . 00 2.50 .45 JM ss A .49 JD2 J4 3.25 .85 S0 (iRAIN, HAT AND SEEDS (Buying Prices) Oats. No. 1 Feed barley, ton Clover hay. ton Alfalfa hay. ton Dairy feed. SO-lb bag Hen scratch feed Cracked corn Wheat 89 00 to 36.00 33 00 to 35.M 13 00 18 00 to 20 00 1.78 2.35 2.4S K EGGS AND rOULTltT (Buying Prices of Andre-en') (Subject to Chang Without Notice) KUTT-KrAT Premium , No. 1 No. 2 .. BUTTER PRINTS, (Baying Prices) A , , B . .42 .40", .37 Va Quarters EGGS Extra large whit .41", .40. .42, J33 Extra lars brown Medium Standard Pullet Cracks n i 1 Colored frys, 2,4 to 5'i lbs 2 Colored frys. 31, lbs. up 3 Colored Bens . J9 White Leghorn hens , J White Leghorn frya J8 (BbL& Prices et Marion Creamery) (Subject to Change Without Notice I BCTTERFiT Premium .42 No. 1 .40,4 No. 3 7a Uiu Large A Medium A Large B Medium B Large dirty Checks, undergrades colored hens Colored fryers over 21, lbs- legnorn tryer 23 Jl i -9 JO" M 20 M J8 .IS .10 .08 .07 Leghorn hens under 3'i lbs. Legnora nens over iVx lbs. Stags ; ; Old roosters No 3 poultry 08 lass. LIVESTOCK I Buying prices for No. 1 stock, based on conditions and sales reported up to Spring lambs 10.50 Ewes 4.00 Hogs, top 160-225 lbs. 14 00 SOWS 10.50 to 11. SO Veal, top 13.50 Dairy type cows Beef type, cow Buns Heifers Dressed veal HOPS (Buying Prices) Seeded 1942 contracts WOOL AND MOHAIR Wool Mohair 6.00 to 7.00 7.00 to 8.50 8.00 to 10 50 7.00 to 8.00 J8 a to 43 48 43 Quotations at Portland Produce Exchange I t I. PORTLAND. Ore.. July 13 (AP) Produce exchange: Butter: Extras 40; standards 38'; prime firsts 37; firsts 35. Butterfat 41.-42. Eggs: Large extras 36; standards 34; medium extras 34; standards 32. Cheese: Triplets 21; loaf 22'... Portland Produce . PORTLAND. Ore.. July 13 (AP) Cutter Prints, A grade. 42',.c in parchment wrappers, 43',.c in cartons; B grade, 41' ac in parchment wrappers, 42 'ic in cartons. Butterfat First quality, maximum of .6 of 1 per -cent acidity delivered in Portland, 40'.-41c lb.; premium quality (maximum of .35 of 1 per cent acidity), 41i-42c lb.; valley routes and country points. 2c less than firtt. or 40c lb.: second quality at PorUand. 2c under first, or 3S).-40c lb. Cheese Selling prices to PorUand retailers' Tillamook triplets, 28 '.c lb.; loaf. 29'..c lb.; triplets to whole salers. 26.c; loaf. 272c F.03. Til lamook. Eggs Price to producers: A large, 33-34c; B large, 31-32c; A medium. 31 32c; B medium. 29-30c dozen. Resale to retailers. 4c .higher for cases; cartons, 5c higher Live poultry Buying prices: No. 1, grade Leghorn broilers under l', lbs., (): over l'.f lbs., 21c: colored fry ers, 2', to 4 lb., 24c; under 2',. lbs.. 21c; colored roasters, 24c; colored hens, 20c lb.; Leghorns, under 21 lbs.. 16c; over; 3 lbs., 18c; No. 2 grade hens 5c less; No. 3 grade, 10c less; roosters, 9c lb. Dressed turkeys Selling prices: Hens,. 27-29C lb : toms, ( ). Buying prices: Toms. 24-2Sc: hens, 26c lb. Rabbits Average country killed, 28 30c lb.; city killed. 28-30c. Hay Selling price on trucks: Alfal fa. No. L 23 00-24 00 ton; oat-vetch. 14.00 ton. Valley prices: Willamette clover. 10.00-1100 ton. valley points; timothy, eastern Oregon, 25.00. Onions Green, 40c doz. bunches: California red. 50s. 1S; yellow, 1.40; Walla Walla. 1.25. Potatoes, new Yakima, 2.M-3.23 cen tal; local. 1.00-1.10 lug. Country meats Selling prices to re tailer: Country killed hogs, best but chers. 120 to 149 Id.. 18i-19c lb.; vealers, fancy. 21.-22c; light to thin, 15-18c; heavy. 17-18c; canner cows. 13-14C lb.; good cutter cows, 14-15c lb.; bulls, 17c lb.; spring lambs. 22c lb.; yearling lambs, good, 18'-19c lb.: do heavy. 12-lSc lb.: ewes. 5-7c lb. Wool 1943 contracts, Oregon ranch, nominal, 34-37c lb.; crossbred s, 40-42c lb.: lamb ) lb. Mohair 1942 12-month, 45c lb. - Hops Seed stock. 1941 crop. 40c lb.: 1942 crop, seeded, 45 -46c lb.; seedless. 50-Slc lb. Cascara bark 1842 peel, 15c lb. Portland Grain PORTLAND. Wheat: July Sept. Dec. Ore, July W-(AP) Open High Low Close 93 - 95 95 95 97 97 97 97 , IM 1.01 1.01 1.01 Cash grain: Oats, barley and corn unquoted. No. 1 flax 2.42 Cash wheat (bid): Soft white 98'..: soft whita excluding Rex 1.02; White Club 1.02- western red 1.02. Hard red winter ordinary 96x; 10 per cent 89: 11 per cent 1.03: 12 per cent 1.08 Hard whit Baart ordinary. 10. 11 and 12 per cent unquoted. Today s ear receipts: Wheat 4S: barley 0: flour 1: corn 4: oats 1: hay 5; millfeed 2; flaxseed 0. . Recovers From Illness AI-nfyMrs. J. W. Breedin. Is recovering from a recent illness at her home on Oak street She is still unable to leave her room, ' t Portland Livestock PORTLAND. Ore. July 13 (AP) Cattle, salable 2100, total 2250; calves, salable and total, 225; hogs, salable 2100. total 2400; sheep, salable 1750, total 2900. Barrows and gilts, gd-ch 140-160 lbs $13.50 14.25 do gd-ch 160-180 lbs. 14.00 a 14.75 do gd-ch 180-200 lbs. 14.50 W 14.75 do gd-ch 200-220 lbs. 14.25 it 14.75 do gd-ch 220-M0 lbs. 1 4. 00 ((j) 14.50 do gd-ch 240-170 lbs. 13.75r 14.25 do gd-ch 270-300 lbs 13.50 14.00 Feeder pigs gd-ch 70-120 13.75 (14.50 Steers, gd, 900-1100 lbs. . 13.0013 85 do med, 700-1100 lbs. 10.75013.00 do com, 700-1100 lbs 9 00frfl0.75 Heifers, gd, 800-1100 lbs. 12.00 W 12 50 do. med, 500-W0 lbs. do. com. 500-900 lbs. Cows, gd, all wts. do med. all wts. 9.75 W 12 00 7.75 1 9.75 8.50 fo 8.50 7.750 8.75 6.00 7.75 5.00 it 6-00 do cut-corn all wts do canner, all wts. . .. Bulls (yearling excluded) beef, good all wts 10.50011.25 Bulls, sausg, (,'d, all wts. 10.25 11.00 do sausage, cut-corn, all wts 7.500 8.25 do sausage, med. all wts. 9.25 10.25 Vealers. gd-ch. all wts 12 50(913.75 do com-med, all wts. 8.50 ft 12.50 do CUll. 75 11. up 7.000 8.50 Spring lambs, gd-ch 11.50012.00 do, med and good 10.25 6? 11 JS5 do common 9JO0 Q 10.00 Yearling wetheis, shorn, medium and good 7 00 7-50 Ewes, shorn, gd-ch 325 4.25 do com-med 1.50 3.25 Wool in Boston BOSTON. July 13 AP) (USDA) Trading wool was very spotty in the Boston market today. The occasional sales reported were mostly on small lots. Some original bags. Montana wool, running bulk to average French combing, were sold at $1.10-1.12, cleaned basis. War risk Insurance rates to Atlantic gulf ports were raised five per cent to a new rate of 20 per cent. Stocks and Bonds July 13 ComnilMl bv Th Aari,i T- BOND AVERAGES 20 10 10 in Rails Indus Util Fgn 81.4 103.S 61.5 103.4 95.5 95.S 85J Monday Pre-, day . Month ago 59 9 103 J Year ago . 64.9 104.3 101.7 1942 High 85.6 103.7 100.6 1942 low 59.4 102.6 93 S ST0CE AVERAGES 49.0 48.9 49.1 47.8 49.6 41.3 Monday Prev. day . Month ago Year ago 1942 high . 1942 low 30 15 IS 60 Indus Rails Util Stks 54t . 13.9 23.6 37.0 -54.4 18.0 23.8 37 521 14.S 24.1 35.7 62 2 17.8 32J 43.5 SeJO 17.6 j 27 J 38.7 -46.8 14.4 21.1 32.0 .- L A Dr.Y.T-Lam M.D Dr O Chan. N il J)ES. CHAN LAM CHINESE Perbaiistt 241 Nona Uberty Upstair Portland Ueneial Elee Co Office epea Taesday and gatsrday aiy a.an t i . ( u 1 . Cot-rattatioK. BIm4 pressara ad TUM tests are free af eharga, Practiced ''lace 1917 Revoke Parole Of J.B. Riggs DaUas Violator Wfll Serve Full Yekr on Old Sentence DALLAS The parole of John nie Barber Riggs, Grande Ronde, was revoked July 9, when he was arrested by county olficert for drunken and disorderly conduct Earlier in the year Riggs had been arrested for contributing to the delinquency of a minor and sentenced to one year in the county jaiL On April 30, after he had served 60 days of the term, he was paroled. His recent offense and the re voking of his parole mean that he must serve the remainder of his original sentence in the county jail. Seattle Woman Visits With Amity Relatives V Amity Mrs. Ted Engstrom of Seattle has been visiting her uncle and aunt, Mr. and Mrs. Fred L. Strout Mrs. Strout has ben ill ior sev eral weeks but is now able to be out Visits in Portland AMITY Mrs. J. M. Umphlette spent the weekend in Portland at the home of her daughter, Mrs. Paul T. Benson. Sally Visits Hubby in Army y.-'.y-M----. '-:'-::- rlqiglll1f1J&&tWrP!&! ss aWasWasssssT M')-r t 4 ' I I v : ::W:: : : x : : :v: :V ::. , t " txs ll 7) ; t f Efenner Fan Dancer Sally Rand, now Mrs.-Turk Greenough, visita her husband at the Cavalry Replacement Training Center at Ft Riley, Kansas, and finds him doing "K. P." duty. ' Greenough was a cowboy star with a rodeo before he joined the Army. Fall From Porch Results in Injury SALEM HEIGHTS Mrs. George Bender, who fell from her back porch last Thursday when the railing broke, : is much improved. Her worst injury was a severely sprained ankle. The house is on a hillside, with an eight foot drop from the back porch. Some grape vines helped break her fall. She was alone at the time, but managed to pull herself up to the house and to the phone where she called for help and got someone to take her to a physU cian. Amity Lodges Install Heads V Rebekah, Odd Fellows Hold Joint Meeting " To Begin New Year AMITY Officers of Amity Odd Fellows lodge and Industry . Re bekah lodge were . installed by District Deputy Ray Mitchell and District Deputy Helen Gibbs at a joint meeting. . . Officers installed.' in Industry Rebekah lodge ' were: . i ' v Grace .Morgan, noble -grand; Clara '.fcroadwell, vice-grand; El sie Mitchell, recording secretary; Mamie . Yarnes, treasurer; Eliza beth .Woods, warden; Vernisha Newby, right . supporter noble grand; Thelma Rosenbalm, left supporter to noble grand; Gertie Richter, , Inside guardian; Helen Gibbs, -outside guardian; Bessie Fire Takes Most Of Redmond Mill , REDMOND, July 13.-fyinm veStigation of a fire that virtually wiped out the $250,000 Dant & Russell lumber mill Sunday con tinued Monday.' Only the planer was saved as the flames spread so rapidly that two empty box cars standing on a siding beside the mill were de stroyed before they could be moyed. Sorensen, chaplain; Edna Strout, musician. Officers Installed in the Odd Fellows lodge were Soren Soren- sen, noble ' grand;; Ernest Gibbs, vice-grand; John Mihood, recording-secretary; Glenn Weston, treasurer; Robert Rosenbalm, warden; Ray Mitchell, right sup porters to noble grand. After the close of, lodge refreshments .were served and a social hour was en- Joyed. CT3 III A HURRY There Is no personal or business emergency which wo cannot help yea meet with a conveniently, speedily arranged loan! Drop into our offices for fall details . . . STATE FINANCE CO. S44 State lie, 8-211 M-222 Phone 9261 TELEGRAM FROM WASH THE ARMY IS CONVERTING OUR FARM INTO AN AIRPORT.' WE'RE ALL SET! EXCEPT HOW DO W MOVE THIS BEHEMOTH IN ONE PIECE ? THAT'S EASY! BY HOP HARRIGAN f FORGOT THE Y WE'LL HIRE A RIVER AH. HOP. A BARGE WITH A PRBXY OFOOR CABIN I'LL FIRM, YOU SPOUT KEEP HOUSE WORDS OF WISDOM I ON IT WHILE BEYOND A DOUBT J YOU WORK ON THE PLANE i A H16WLY IRRITATING V TANK: THOUGHT, AMSS SNAP 7 THERE ' WELL, I'LL LOOK UP SOME WEN A WRECKER TO HERE TO TEAR OUT WALL . DEMOLISH THE BUILDING... A I mi 4. i r I. x THEY'RE EITHER MIND READERS , OR WASH SENT TiEM-.! LET 'EM GET TO WORK THE BUILDING ORDERED IT I THIS OLD I WAREHOUSE' A I ISNT SAFE. -) lC AilAb'C a SURE 1 rtM ONTCR'Wf v tivcE ai 1 un Svndiatt .'lnc WfltU tudat i BARNEY GOOGLE m 1 J GE.Sttm- HO COR5"- MMKWL-.- H Vr.H.SVt I t BOUNCE J WHCyR yel l I MICKEY MOUSE eOTCHER! 8RAIHS DOES IT EVCV T1ME! rs? ILffi45J GOES TO iDimrm kvMniHivi QJJ M St THIMBLE THEATRE. U)E SHOVE KS2g& coujeoout'n U)rr' THE TIPE PCP&E WISHES) WTr THE "Qfjj MLrST TO S EXACTLY UJHAT MOU MEAKJ ALL ABOARD! i -MAAVU.- . WorU 4 G-E. ZERO.TM KINDA GOOFY -I WAS JU5T GONWA SAY 50MTK-J TO HAPP HAMNA-I FORGOT SHE MAS mm UTTLE ANNIE BOONEY jfrJMl. rl HAVE TO 5TOPTO REMEMBER V' SHE'S ADOPTED AW LIVES M A K. HOUSE AW HAS A OTHER AN' MOTHER 1 GlSSJ2Bns&iQ i wdntsee her ANY rJlfij oirrV&VfORKEDAHPUtfEDANkH REMEMBEPrOWHAIJimTni iCT? IW35E ALVv5 TOGETHER-WOW I TU WASNT IT5waL ? IP I WAS enrw rn CANT GET USED TO NOT HAVW Vfl HANNA MAKE A LAFFlW RECOPO TWTM mv HER BESIDE ME ALLTHE TIME XI TIME I FELT BUJE.ITJ PLAY THE wrrcrs au' . j - - "rp - r - THATVrQUlD MAKE ME HAPPy AGAIN 1 ME STOP UM LET HIM eaTCMTO. TT f- -k . a-i I r "f. IL. f , THE LOIS EAITGEH IT 3i G'lANG, THAR TONTQ l KMOW A FEW THIC165 AEOUTl THAT rWt RATOOMF ?p HUNTER. TRIES TO ARGUE. WITH HIM, HUNTER WILL J-1 Wl ZC.LUfUS I HAT RIGHT 1 1 WE'LL HAVE A TALK WITH BALpV. intii vYtu.ryiuw VVHAI l(J yJ WAT T.'4 -