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----. '-:'-::-
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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...
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THEY'RE EITHER
MIND READERS ,
OR WASH SENT
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THE BUILDING
ORDERED IT I
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