The Oregon statesman. (Salem, Or.) 1916-1980, August 06, 1942, Page 8, Image 8

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    Fi'maecial
rales
C
c
PAGE EIGHT
OREGON STATESMAN. Satom. Oregon. Thursday Morning. August 6 1942
F
'Markets
Stocks Take
Up-Down Day
Net Result Is Small
Losses; Trading
Goes Down
NEW YORK, Aug. S-iTV-The
stock market suffered repeated
sinking spells Wednesday but al
so managed occasional come
backs, with the net result losses
of fractions to a pVtnt or, so, at
a level, a little above the poorest
for the day in most cases.
Declines outnumbered advances
by "about 2 to 1, . with .'a, fair
sized group unchanged, while the
turnover, . 289,919 shares, " was - a
little below Tuesday's gentle ac
tion of 319,180 shares, .
But a bright feature of the day
appeared in the-curb exchange,
' where four preferred issues of
Empire Gas' Fuel, a cities ser
vice subsidiary, added 6 to 8
. points more for a time after ap
proval by the SEC of a recapital
ization plan which gave the stocks
an apparent break.
Some of the big board's import
ant losers included Santa Fe
Woolworth, Douglas Aircraft and
US Gypsum, all off a point or
more, and US Steel, Bethlehem,
Chrysler'Western Union, United
Aircraft, Union Carbide, South
ern Railway, Montgomery Ward
American Smelting and Kenne-
cott, all down by top fractions,
News Blamed
forRelaps
CHICAGO, Aug. 5 -(JPf The
train market suffered another re
lapse which- traders blamed on
war news Wednesday and prices
of wheat, corn and rye futures
tumbled a cent a bushel or more
at times to around seasonal lows.
Selling was not of serious pro
portions- but was met with little
support from professional and
commercial interests. With spec
ulative and investment buyers
virtually out ofthe market as far
as large scale operations are con
cerned, buying came principally
from minor short covering deals,
with a sprinkling of mill or flour
- trade orders. Hedging, though
limited, accounted for some of the
sales but the new crop movement
still was below volume a year
ago.
At the extreme wheat was off
1-1 cents, corn IV-IV4 and rye
1. Late short covering reduced
.these losses but wheat closed
-l'8 lower than Tuesday, Sep
tember $1,16 December
1.19
Although dry weather is needed
in some sections of the spring
wheat belt to permit resumption
of harvesting, the crop outlook
remained generally favorable.
State Harvest
Little Slowed
PORTLAND, Aug. 5 (A)- De
spite rainstorms, grain harvest
ing made satisfactory progress in
Oregon in the week ending Tues
day, Edward L. Well, federal me
teorologist, reported Wednesday.
Rains in coastal areas delayed
haying there, but not elsewhere
in the state. Seed grass and Iclover
harvests were satisfactory.
As hop picking was about to
start, local improvement in the
crop was noted.- Flax pulling con
tinued. Early apple and peach picking
was under way and prunes were
reported to be coloring in some
areas. Later fruits are sizing well
but frost marks appeared on pears
in unheated orchards in the Rogue
.valley. TTh some areas walnut
blight appeared.
Uairrigated pastures were dry
lug but generally still were better
than usual at this time of year.
LfVestock condition is good.
The week was moderately
warm. Pendleton topped the rest
. of the state in temperature with
a 96 reading, followed by 95 at
Wasco and La Grande. Madras
was low at 39.
.Flax Advance
Is Authorized
? -
The state board" of control
Wednesday authorized an advance
payment to growers of $30 per ton
for No. 1 flax and $24 for No. 2
flax, delivered to the state flax
plants. Other payments will be
made when the 1942 harvest is
completed. ,, .
In 1940 the flax growers" re
ceived a total of $60 a ton for No.
. Try as mt Ctitnet renrdtm.
Amazing SUCCESS for MM
rears to CHINA. Ne matter with
what atlat jro ar AFfUCT
ID dliordcr, s-asttts. heart
, laag. liver, kidneys, stomach,
ft, constipation, .leers, la
heui, fever, akin. fesaale roa-
V taint "
Cizrlis Cbn
Chines Herb Co.
Office Hears Oaly
Taes. a Sat, 9
a at t m. &
Sb and . Wed., t
m t It 1- a m.
L12 N. CoinX SC SaJeo. Or.
I it 1 I
f ?
"Strictly Private"
DEAR, MOfA'i
. W ABDIW- CUE. OF. TV ma& SD B,
n0ctd ee glad to show a- tve ropes..
your, son
P S.. BE
CA1LIM
Quotations at
Produce Exchange
PORTLAND, Ore., Aug. S AP)
Produce exchange: Butter, extras 43;
standards 41',; prime firsts 41; first
37','a.
Butterfat: 45-45", i.
Eggs: Large extras 38; standards 36;
medium extras 36; standards 33.
Cheese: triplets, 22c; loaf, 23c.
Portland Produce
PORTLAND. Ore.. Aug. 4 (AP)
The following are prices retailers pay
wholesalers unless otherwise noted:
Butter Prints. A grade, 45'ic in
parchment wrappers. 46',ic in cartons;
B grade. 44sc in narchment wrappers,
45',2C incartons.
Butterfat First quality, maximum of
.6 of 1 per cent acidity delivered in
Portland, 44',j-45c b.; premium quality
(maxium of .35 of 1 per cent acidity),
46-46'ic lb.: valley routes and country
points 2c less than first, or 43c lb.:
second quality at Portland 2c under
first, or 42',aC-43c lb.
Cheese Selling prices to Portland
retailers: Tillamook triplets. 28'ic lb.:
loaf, 29' jc lb.; triplets to wholesalersj
26ic lb.; loaf, Z7ic ID., iod, lmamooK.
Eggs Price to producers: A large,
36c; B large, 33c: A medium, 34c: B
medium. 31c dozen. Resale to retailers
4c higher for cases; cartons sc nigner.
- Live Doultrv. buvins Drices: No. 1
grade Leghorn broilers 1V to lVa lbs.
22c; over 1 lbs. 23c; colored fryers
under 2Va lbs. 23c; 2to to 4 lbs. 28c;
colored hens, 22c; colored roasters
over 4 lbs. 28c: Leghorn hens,, under
2',i lbs. 18c: over 3', lbs. 20c; No. 2
grade hens 5c less: No. 3 grade 10c
less; roosters 10c lb.
Dressed turkeys Selling price: New
crop, 33-35c lb.
Rabbits Average country killed, 28
30c lb.
Hay Selling price on trucks: Al
falfa. No. 1, $23-24 ton: oat-vetch, $18
ton asked. Valley prices: Willamette
clover. $15 ton asked, valley- points:
timothy, eastern Oregon, $25.
Cherries Mid-Columbia Bings, Lam
berts, loose, 10-llc lb.; early pie stock,
loose, 7c lb.
Onions Green, 60c dozen bunches;
Walla Walla-Yakimas 90c-1.00 per 50
lb. box.
Potatoes, new Yakima, $3.40-3.50
cental; local. $3-3.10 cental,
-rountrv meats Selling prices to re
tailers : Country-killed hogs, best butcn,
ers, 129-149 lbs., nominal; vealers. fancy.
22Va-23c lb.; good heavy, 18-19C id..
rough heavy, 15-16c lb.; canner cows.
12Va-13c ID.; cuuers, ij-ic io.; nuns.
16-I7c lb.: spring lambs, 21 -22c l.b:
yearling lambs, good. 18c lb.; do heavy.
1Z-15C id.: ewes, i-uc io.
Wool 1942 contracts. Oregon ranch.
nominal 34-37c lb.; crossbreds, 40-42c
lb. .
Mohair 1942. 12-month, 45C id.
Hum Smk! stock. 1941 CTODS. 40C lb.:
1942 crop, seeded, 45-46C lb.; seedless.
50-61C lb. ,
Cascara bark 1942 peei, ix id.
Portland Livestock
THIHTT-AND. Ore.. Aue. 5 (AP)
Cattle, "salable 200; total 350; calves,
salable and total 50; hogs, salable 400;
total 450; sheep .salable 300; total 400.
Barrows and gilts gooa-cn.,
40-160 lbs S13.75 14.50
do Bd-ch. 160-180 'bs 14.2515.00
do ed-ch. 180-200 lbs. 14.85 it 15.00
do d-ch. 200-220 lbs. 14.60 15.00
do gd-ch. 220-240 lbs.,,- 14.23 14.75
do gd-CP. 240-270 lbs. 14.00 14.50
do gd-ch. 270-300 lbs. 13.75 14.25
Feeder pigs, gd-ch, ,-.-,.A
70-120 lbs. 15.5016.50
Steers gd 900-1000 'bs. 13 JO 14.35
do med. oo-noo ids. n.zawt u.ou
do com. 700-1100 lbs. 825 11.25
Heifers, gd. 800-1100 lbs 12.504 13.00
do med. 500-10 00 lbs.
10.25 12.50
do com. 500-900 lbs.
8.00 6 10.25
855 10.23
8.25 1 9.25
0 500 8.50
5.50 8.50
Cows. gd. all wts.
do med.. au wts.
do cut-corn, all wts.
do canner, all wts.
Bulls (yln excld )
beef. gd. all wts. . 10.S0ail.2S
do sausage, ed. all wts 10.25? 11 00
do saus. med. all wts. . 9 2510 25
do saus cut -com all wts. 7 50 9 ?s
Vealers. gd-ch. an wts. 14.00 15.50
do com-med all wts. 9O0i14.00
do cull. 75 lbs UD
7.00ft 9.00
11.73 ft 12.35
10 25 e 11. 50
9.00910 00
8 00 9.00
3 S0 4 85
1.500 350
Sprint lambs, gd- ch.
do med.-gd. .,.,,.? .
do com. .
Yearling wethers, shorn.
med-gd. .
Ewes, shorn gd-ch.
do eom-ired
Portland Grain
PORTLAIID. Ore.. Aug. S f AP)
Wheat: Open High Low Close
Sept 92'4 92'i - 924 92,j
Dec. . H'i, 96", 964 96',
Cash grain. Oats No. 2-38 lb. white
27 J5; barlev No. 2-43 lb, B.W. 22.25:
No. 1 flax 1.46. -
Cash wheat (bid): Soft white 1.02H:
soft whit excluding Rex 1.06; white
club 1.06: 'western red 1M.
Hard rec winter: Ordinary 94: 10
per cent 1.01A: 11 per cent 1.05',i:
12 ter cent 1.09V.
, Hard white baart: 10 per cent 1.11;
11 per cent? 1J5: 12 per cent 1.19.
m Todaw's tar receipts: Wheat 38. bar
ley 2. flour I. corn 1. oats 1. miUf eed 10.
1 flax and $43 a ton for No. "2
flax. The board advanced $45 a
ton for No. 1 flax produced in
1941. '
This yew's acreage was placed
at 2300 acres with an estimated
yield of 5000 tons. .
Employment of Dr. ..Emily F.
Bolson ot-Oregon State college as
assistant Dhvsician at the state
tuberculosis hospital here was ap
proved
' The board authorized a number
of minor salary increases. i
By Quinn Hall
ik
: . ........ i.-- fi
'JLJrm
Portland
Wool in Boston
BOSTON. Auk. 5 AP (ITSDAV
The activity which took place on the
Boston wool market last weekend
quieted down to some extent todav.
Average medium fleece wool was sold
at a grease price of 47-48 cents de
livered. A few small sales of fine
staple territory wools were reported
at $1.18, clean basis. There was some
demand for spot Montevideo half
Diooq wools at film prices.
Stocks and Bonds
August 5
Compiled by the Associated Press
BOND AVERAGES
20 10 10 10
Rails Indus Util Fg
Net change ... D.l Unch Unch D
Wednesday 62.1 103.5 96.3 49
Previous day 2 103.5 96.3 49
Month ago 81.5 103 4 - 95.4 48
Year ago 64.4 104.8 102.0 46
1942 high 65.6 103.7 100.6 49
1942 low 59.4 102.6 93.6 41
STOCK AVERAGES
30 15 15 60
Indus Rails
Net change D.4 DJ2
Wednesday ...52.4 16.4 23.4 365
Previous day 52.8 16.6 23.6 36.5
Month ago 54.0 15.8 23.7 36.9
Year ago 62.6 18.3 32.4 43 9
1942 high 56 0 17.6 27.3 38.7
1942 low 46.0 14.4 21.1 32.0
Salem Market
Quotations
The prices below supplied by a lo
cal grocer are indicative of the daily
market prices paid to growers by Sa
lem buyers but are not guaranteed by
in ouiiesiiian
VEGETABLES
California plums, apricots, peaches
Cabbage
Carrots, doz.
Cauliflower, crate
Celery, green
Cucumbers, hothouse
uariic. ib.
Onions, dry white
Onions, dry. red. yellow
Onion, green
feas
Potatoes. 100 lbs. No. 1 new 3.00
Potatoes new .04
Radishes, dot 45
Turnips, beets '85
Lettuce 2 50
GRAIN, BAY AND SEEDS
(Buying Prices)
Oats. No. 1
26.005 28 00
24.00 926.00
Feed" barley, ton
Clover hay. ton
Alfalfa hay, ton
Dairy feed. 80-lb. bag
13.U0
18 00 to 20.00
1.75
2.35
2.45
SO
Hen scraicn reed
Cracked corn ,
Wheat
EGGS AND POULTRY
(Buying Prices of Andresen's)
(Subject to Change Without Notice)
BUTTERFAT
Premium , 41
No. 1 .'454
No. 2 : .421?
BUTTER PRINTS
(Buying Prices)
45,
.44i
.46 ',i
B
Quarters ..
EGGS
Extra large brown
Medium
Standard
Pullets
Cracks
Colored frys
Colored hens .
White Leghorn hens
White Leghorn frys
(Buying Prices of Marlon Creamery)
Subject to Change Without Notice)
BUTTERFAT
Premium , .47
No. 1 .45
No. 2 .42i
EGGS
Large A . .
Medium A .
Large B
Medium B .
Large dirty
M
J33
J33
JX
JO
2
JZ2
.19
4
0
J9
.15
J7
06
Pullets
Checks, undergrade
Colored hens
Colored fryers over 2'i lbs. ,
colored iryert under lbs. ,
egnorn rryers
Leghorn hens, under 3'i lbs.
Leghorn hens over 3a lbs. ,
01a rooster
No 2 poultry 05 less.
UVESTUr
Buying prices for No.-l stock, based
on conditions and sales reported up to
Spring lambs .,'.. 11 25 .
Ewes ... . . . 4 00
Hogs, top 160-225 lbs.
Sows
1400
12.0OA 12 SO
13.50W14 00
6.00 to 7 00
7 00 to 8.50
. 8.00 to 10.59
1.00 to 8.00
: o
Veal, top
Dairy type cow
Beef type cows .
Bulls .
Heifer
Dressed veal
HOPS
(Baying Prices) ,
Seeded : .
1943 contract
WOOL AND MOHAIR
Wool
Mohair
8 to 43
45
.43
Or.Y.T tm N D . ' Dr G Cka. N U
, DRS. CHAN - IfU.lv
' CHINESE Perballsta '
4i Nona liberty
Upstairs Portland General Elee Co
Office epea Taesday and Saturday
lylt a. aa Ui .;ltola.
Consattatioa. Blood arena re aaa
iM test, are tree mi eharfa.
Practice, "lac isi J
mnn 11 svv. ,
Beet Seed Crop
Is Harvested
Three Tons Spinach j
Seed Threshed in North
Howell Community
NORTH HOWELL Blue Lake
commercial uses has begun in the
A. . T. Cline Jleld of six acres
where a splendid crop is ready.
Mrs. Henry Johnson is mana
ger of 'the yard and Mrs. George
dine weighs. The crop goes to
the 12th street cannery in Salem
and . picking . will probably con
tinue for about four weeks
Three tons of -spinach seed has
just been harvested, on the Cline
farm. Kirsch brothers mowed the
field with- a . power, mower, and
swather. If lay in the swath -for
10 days and then was threshed
with a combine ' just as' crimson
clover and Austrian 'field -peas
are.
Another, comparatively new
venture in seed raising for this
district is that of sugar beet seed.
Leonard Seifer has just planted
12 acres of river , bottom land to
sugar beets which will be ready
for harvest in just one year.
George Cline has -also planted
five acres and J. Stuckliek five.
These ventures may be the fore
runner of a greatly increased acre
age in the future and in these days
of strict sugar rationing the idea
of being able to raise sugar has a
special appeal.
f PT:i 1 'i 8T
C rvMi euvw ! !"
MY RECEIVER'S PEAD f
BUT AAAVBE YOU
CAN HEAR ME. lV-r
GOT AN IDEA TO
GET yOU ASHORE
5e!
HOP HARRIGAN
C0tftAM0R
tio
BARNEY GOOGLE
'V! W!
nur tui ii
MICKEY MOUSE
THIMBLE THEATRE-
V7
MRG
a
v
THOU MBAM "f I DIDKJT -JrJT,i WM
40U HAD 50ME j THINK VA HAD
DETECTIVES .tOU UXXJLD PLEMTV W
DrSv-OJI-S-D TOOP C J'AT LOOKED
TO LOOK m TO UCH W LIKE
GOOD M0RNIH5, FARM-HANDS ?? VOU RUN A10NG
MISTER-DO VOU A HOME AN
NEED FARM- A BUSY
HANDS TOCUV fjlZe
mm
t--5-T.
L'sriVKi'-:
LITTLE ANNIE ROONEY
10NTO, I TALKED WITH RANSOML Tl I "BUT HE UEP. 1 5 AW THE HUMTERS
HE SAIP HE PIPMT KNOW A THING GUM OM RAM SOME'S PESK. HE'D,; y"
AEOUTTHE HUMTER - JBEEM THEKE---
HIE IOITZ RAKGEn
A
"...
"4
Bed Skelton b ee-starred with. Abb Se4hera, Donald Meek .and-Allen
Jenkins In "Maisle Gets Her Man," bow playmf at the ' Grand
theatre. The companion featvbe Is Tarzan's New York Adven-
.tore," starring Johnny. Welssmaller and Maureen . O'Sollivan.
Women Taken
in Seed Work
The state agricultural depart
ment, for the first time in its his
tory, is employing women as field
inspectors. Ten women and 19
men are now employed as seed
samplers.
Officials said sampling opera
TTA rrs HOP
HARRIGAN ANP THE"
BOM6E-R WE HAO
ORDERS TO WATCH
FOR. IS HE MILES
FROM HOME"
0
r2
Vk wvy"w
THEM CUBS SHORE
r OH,
- t -"!: r i m'
TO
THET
YES, BuT i
IMA PUZZLED
AS THE DCX5CATCWEK
HOW A LIONESS CAN.
HAVE. A '
'01
KiHSi.-X I
mi fypt; i
VsOCARi
r HERE I AM. ArSETTIN AN W
F1GGERIM' HOW TO MAKE A
UVIN'OUTATHIS PLACE AN'
SOU COME ALONG ASKJN'V
ME MaYESTIONS-r J ,
STOP PE5TERIN
FOLKS
ffpan, it, r W fiffcl
si
tions ' already have " started. Bulk
of the work will be official samp
ling for triple A seed purchases
by request of either' the dealer
or grower.
Seven women already assigned
to posts are Betty Damaschofskly,
Junction City; Helen Slate, Al
bany; Beulah Hindes, Corvallis;
Wanda VanHorn, Amity; Clair
Reed, Hillsboro; Betty Brown, La
Grande and Mrs. O. Bales, Mon
roe. CEASE FIRING!
HM- WELL'
USE BUNKER, II
(NAS TELL 1
HIM H? CAN TRY
WHATEVEFR. HE
WANTS TO
n
.Mt J Ata Swrrate m4
Rt ) AN Arrki Omm, tH.
DID I FEEGET J
TELL
THAR MANE
AJNT REAL!
( I found rr SUPPED CeOOklED
v OHE DA AJM'
POPEWE UJAMT. THE
SHIP CAMOUPLAsED,
HOUJ
UUILLWOU
DOIT?
I I , l- 1
1'
P HONEST M15TER-I GOT EXPERIENCE
-I WORKED
CCXJR5EJC4r4TPLOWUKEABli
FABAALAND, BUT I KIM KILL BUGS
AN PULL WEEDS
AWFUL FA ST-AN-J
WE'LL MAKE
THEN I LL GO
LOOK
Oreeon Feed
Outlook High
Hay Crop Less, But
; Grain More ; Labor .
s Shortage Hinders
Less hay but somewhat more
feed v grain will - be produced - in
Oregon in' 1942 than in 1941, according-
to crop 'prospecta infor
mation summarized in 'a report
on the agricultural situation just
released . by the ; OSC .. extension
service. tTlve hay and. feed grain
production , outlook- - in the three
Pacificnorthwest states combin
ed is similar tov that 'of ! Oregon,
but'in the country' ail ;a ".whole
larger3 hay crop is .expected , than'
last;Jyearri;eed grain' production'
may be. slightly larger if the.' cord
crop1' holds -up -in" -Condition- as.
good as eariy In July. . j . ,
'Tiith. reserve stocks " of hay
nearly" cleaned' up' in Oregon, :a
smaller crop of hay than last yeir
and' more -animals on' hand," hay
prices have, advanced- materially
in some localities compared with
a year ago. Reserve stocks of feed
grains have been reduced, also,
but there is an abundance of
wheat, some of which will be used
for feed. The supply of high pro
tein feeds in the country as a
whole is expected, to be. larger
than last year.
In some localities in Oregon the
hay and feed situation is more
favorable than , the - average, but
seasonal conditions and the farm
I'LL CHANGE
NUtSUUV UJILL.
AV-t AS" tf a
Cap r. 147, Kg 1
GO
ON A VICTOR FARM
THINK
CAMP IN THE WOODS.)
BACK TO TOWN ANP
AROUNP.
i" JERRV-A NICE ' rrGE-RRV'' DOESN'T STAND FOR.
CSEACH ANP WE LAND 1CV JBUM IAH , HOP. AAV NAfAEr, 1 -
THINGS ARE GOING 't S GERALDN-?... Zitltf?
TO BE ALL RIGHT FOR. . ' f flUn'
US AND THOSE SAILORS. TOO W'f v V x VfcT
YEP IF SOU WERE'NT -V?3 KS Y'
v AOV, JEREMIAH. jsTXm 3 Sl N (ffjtf f
Cpr5rtrK!?TmTvii Inc.. Work! ngtoj
. A-.- I
y ai a it I
labor shortage, jiave 'wad it. dif
ficult for hay producers to put up
as much hay as last year.
Durinif June i this year the Unit
ed" states Index" of ' farm wag
rates advanced from 183 per cent
Of the l910-lM4 level to 202, the
highest in 22 "years. The advance
brought the index up to a level
28 per cent over July, 1941, j in
the .whole country, but In Oregon
arm wage rates are nearly - 50
per cent higher than a year ago.
jnnnrjgl:
l;XCbWith;"Thei
Unexpected . . With
"A .Personal
. j Ccme to us for cash.
to meet those , un-"
' foreseen bills. We,
" f will extend a loan
to you promptly.
Find ent about ear dignified
credit terms . For money
In harry see
Slate Finance Co.
212-222 Guardian Bldr. '
Corner Liberty A State -Telephone
8168
Lie. 8-213 M-222
HER KIAME? THEM
- - .a a a " - ..v V KS S
K.NUUJ UUHfST HIW.
'her:
l Syndkrte, Irx-.. World rigte i
Fl
ALONG BOUT SOUR BUSINESS
TIME'S A-W45TING - DOGGONE IT
VOUVE GONE ANOAAAOE ME FORGET
WHAT I WAS 6CTT1N' HERE TRyiN' TO
lf3CXT-THAT5 WHAT YOU'VE
GONE AN' DONE .'
fVAT UXXYtokki WHAT'S A T
: YOMPERflA THING LIKE TfAT
S tZlly C DOING Ui THESE
( KRFlT tlV f-;,1xwooPS?