The Oregon statesman. (Salem, Or.) 1916-1980, August 12, 1942, Page 8, Image 8

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    Finameia
arm
1 i .
PAGE EIGHT
Th OREGON STATESMAN. Salem. Oregon. Wednesday Morning. August 12. 1942
.Market
;. v
Buyers Return
To lift Prices
War News Is Helpful;
Average Gain Best . i
In Three Weeks
: NEW YORK. Aug. lWVBuy-
ers returned to the stock market
Tuesday in sufficient numbers to
lift . prices generally fractions , to
around a point ' -
i Reasons given for the comeback
varied. Helpful were hopes for a
'quick allied victory in the Solo
mons and for passage of a more
leinent tax bill at home. Recent
resistance to bearish news from
Russia and India also brought in
bids on the idea the market had
done a lot of discounting.
UDward tendencies were dis
played at the start but prices were
at th best after mid-day. Al
though tobaccos. and scattered spe
cialties stumbled near the close,
gains were well in the majority.
The Associated Press average of
0 stocks was up .2 of a point at
36.4,-largest upturn since July 20.
Dealings expanded moderately,
With transfers of 258,61(h shares
comparing with 209,941 Monday.
Stocks in front included Santa
Fe, U. S. Steel, Chrysler, U. S.
Rubber common and preferred,
Allied Chemical, Du Pont, Santa
Te, Atlantic Coast line, Montgom
ery Ward, Sears Roebuck, Ameri
can Can, - Dow Chemical, Johns
Manville, Warner Bros., Para
mount and Electric Auto-Lite.
Purity Bakeries, Schenley and Na
tional Distillers went into new
. high ground for the year by minor
amounts.
- American Tobacco "B" lost a
, point and lesser recessions were
. shown for Reynolds Tobacco "Bi"
Bethlehem Steel, Pullman, Liggett
& Myers "B" and International
Harvester.
Mart Climbs
After Slump
CHICAGO, Aug. ll-P)-A small
1 amount of mill buying and short
Covering advanced wheat and most
other grain futures Tuesday after
the market had slumped "in early
trading in response to the govern
ment's forecast of huge crops.
The rally generated sufficient
" strength to send wheat to a close at
'AVi-'A cent above Monday's fin-
' ish, September $1.17, December
" $1.20 '
'"Z. Buyers were encouraged by the
firmness wheat showed in face of
a prediction by the government
this year's crop would total 955,-
000,000 bushels, second largest on
record. Liquidation ' at the start,
undoubtedly induced by this fore
cast, soon dried up as traders had
-. generally anticipated a heavy crop
estimate.
It was pointed out that, with a
; carryover of 630,000,000 bushels,
there is estimated to be a total
supply of a -round 1,585,000,000
bushels of wheat for the 1942-43
i season. This compares with do
' mestic needs of about 725,000,000
. bushels. In addition, reports in
dicate an unusually large crop will
- be secured from the Canadian
northwest
Gardeners Busy
Harvesting Crops
JEFFERSON Vegetable g a r
, ; deners in this district are busy
! (harvesting their crops. Some
I farmers are: using a machine to
"r pull the beets, while others are
using hand labor. Bermuda onions
'; and cucumbers are being har
S vested.
v Bean picking will begin in most
patches this week, although pick
ing started in a couple of yards
' last week. Threshing peas is also
in progress.
Boys, girls and women are as
sisting in harvesting these crops.
Two Jefferson girls are assisting
Mr, DeWall with the hay bailer
this season. " "
Wardens to Not
Home Equipment
PORTLAND, Aug. U.-cU
vilian defense block wardens soon
will inspect Oregon homes for air
raid precautions equipment, Jer
rold Owen, state defense council
coordinator, said Tuesday.
Homes having adequate equip
ment will be designated by a win
dow sticker bearing th Hvilin
( defense insignia and the motto,
we siana prepared, Owen said
Hood Visitors Fewer
PORTLAND, Aug. 1 1. -(Forest
Ranger Albert Wiesenganger
reported Tuesday that wartime
travel restrictions have cut vis
itors to Timberline lodge on
Mount Hood to about half last
year s number.
HEMORRHOIDS (Piles)
Esrcii (Rsptart), Fisssre cr Fiststfi.
Back disorder impair, ftmt
lt Hlci cy raiq
pwr. For 30 yi w
ccIiy tratd lko
Mtdi of people far thoto ail
oats. No kofpital opera.
toav No eoaiiaoaoat. No
ham ol tirao irom wmk. Call
far oxavmiaaiiea or Mad foe
rfilX daooTipti-e Bocklot.
CP0lrviSt,Mon.,Yttd.,ftt,7ht:3O
Dr. C. J. DEAN CLINIC
H. X. Cov. I. Bnrarldo a4 Graaj Avow
TslpKo SAat 3918, Portlasd, Ongtm
"Striclly Private"
- V-tN-
MUKEISEUS &JEfc TME
&US BRflEWLWH
ICEaS- U Oiy EKM
P&.AMD
CNE.D JSW
10N6 MO
Quotations at
Produce Exchange
PORTLAND. Ore, Aug. 11 (AP)
Produce exchange:
Butter: Extras, 43i; standards, 42;
prime firsts, 41','; firsts, 38',i.
Butterfat: 45i-46.
Eggs: Large extras, 39; standards, 37;
medium extras, 37; standards, 34.
Cheese: Triplets. 22; loaf, 23,
Portland Produce
PORTLAND. Ore.. Aug. 11 (AP)
The following are the prices retailers
pay wholesalers, except where other
wise noted:
Butter Prints, A grade 4Gc in parch
ment wrappers. 47c in cartons; B grade
45c in parchment wrappers, 45c in car
tons. Butterfat First quality, maximum of
6 of 1 per cent, acidity delivered In
Portland. 45-45'ic b.; premium quality
(maximum of .35 of 1 per cent acidity),
46VaC7c lb.; valley routes and country
points 2c less than first, or 43','aC lb.;
second quality at Portland 2c under
first, or 43-433c lb.
Cheese Selling prices to Portland
retailers: Tillamook triplets, 28VaC lb.;
loaf. 29aC lb.,-f. o. b. Tillamook.
Eggs Price to producers: A large,
37c; B large. 35c; A medium, 35c; B
medium 32c dozen. Resale to retailers
4c higher for cases; cartons 5c higher.
Hop Prospects
Are Brighter
WASHINGTON, Aug. U-(JP)-Exceptionally
favorable growring
weather along sections of thePa-
cific coast in the last few weeks
led the agriculture department to
predict today a hop yield larger
than was indicated in its July 1
survey.
A harvest of 39,154,000
pounds, on the basis of Aug. 1
conditions, was predicted. Al
though short of last year's yield
of 40,380,000 pounds, the new
crop would be greater than the
ten-year average (1930-40) of
34,784,000 pounds.
Prospects in Washington were
about the same as on July 1,
but Oregon and California
growers expected an Improve
ment in yield over the prospects
of six weeks ago.
The indicated 1942 yield in
Washington was 13,984,000
pounds. The 1941 crop totaled 13,
320,000 pounds. The Oregon crop
was expected to yield 13,860,000
pounds; last year's was 16,800,000
pounds. California hop growers
were expected to have a crop to
taling 11,310,000 pounds. Their
1941 yield was 10,260,000 pounds.
Combine Outfit
Due in Ritner
PEDEE Mr. and Mrs. Percy
Lewis of Lewisville. will be out to
combine at Ritner this week. Mrs.
Lewis asked the women to fur
nish dinner for them as she didn't
have time to cook.
Mr. and Mrs. Shoemaker and
Dick Siddall of Spaulding's camp
was at the Ritner and Kerber da
ces Monday.
Mrs. Ella Sheythe was taken to
the Deaconess hospital in Salem,
for observation this week.
1 1
r.
Screen Actran Jane Wyatt does
her bit for th-i war effort In be
tween her filBi roles. Miss Wyatt,
a member - of the Los Angeles
chapter of Ike American Red
Gross, works In a laboratory at
. Gleudale, Cal
By Quinn HalJ
'A
SHE SEES A SODEfc
UNDER C0DSS9MOKS M
GOM TOGETHEE. 1 YS&.
VfcLVT?. SOtf
8-U
Portland
Live poultry Buying prices: No. 1
grade Leghorn broilers 1U to l',i lbs.,
22c; over la lbs., 23c; colored fryers
under 2a lbs., 23c; 2'i to 4 lbs., 28c;
colored hens. 22c, colored roasters, over
4 lbs., 28c; Leghorn hens under 2 la lbs.,
18c; over 3Va 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.
Onions Green, 75c doz. bunches;
Oregons, $1.40; Walla Walla-Yakima.
90c-$l per 50-lb. bag.
Potatoes. new Yakima, " 3.50-3.65
cental; local, S3 cental.
Country meats Selling prices to re
tailer: Country-killed hogs, best butch
ers, 129 to 149 lbs., nominal; vealers.
fancy 23c lb., good heavy. 18-19C lb.,
rough heavy, 16c lb.; canner cows, 12',4
-13c lb., cutter, 13-14c lb.; bulls, 16',i
17c lb.: spring lambs, 20-22c lb.; year
ling lambs, good, 18c lb.; do heavy, 12
15c lb.; ewes, 7-8c lb.
Wool 1942 contracts, Oregon ranch,
nominal, 34-37c lb.; crossbreds, 40-42c
lb.
Mohair 1942, 12-month, 45c lb.
Hops Seed stock, 1941 crop. 40c lb.:
1942 crop, seeded, 45-46c lb., seedless,
ao-sic id.
Cascara bark 1942 peel, 15c lb.
Portland Grain
PORTLAND, Ore.. Aug. 11 (AP)
Wheat Open High Low Close
September .92i .92',i S2V .92'i
December J6'a -96',i .96'a Jt6'2
Cash grain Oats, barley and corn
unquoted. No. l flax, Z.432.
Cash wheat (bid): Soft white. 1.06", i:
soft white excluding Rex, 1.09; white
club, 1.09'i: western red, 1.09.
Hard red waiter: Ordinary, 97; 10
per cent, 1.03; 11 per cent, l.OG; 12 per
cent, 1.09.
Hard white Baart: 10 per cent, 1.14;
11 per cent, 1.18: 12 per cent, 1.22.
Today's car receipts: Wheat, 21; bar
ley, 15; flour, 4; corn, 1; oats, 2; hay,
2; miiiieed, 4.
Portland Livestock
PORTLAND. Ore., Aug. 11 (AP)
Cattle, salable. 150; total 550; hogs, sal
able and total 300; sheep, salable 200;
total, 400.
Barrows and gilts, good-ch..
140-160 lbs.
. $14.00 14.75
14.50 $ 15.00
do 160-180 lbs.
do 180-200 lbs.
do 200-220 lbs.
14.85 15.00
14.7515.00
14.25 & 14.85
14.15 14.50
14.00014.35
15.00 (16.25
13.50 14.35
do 220-240 lbs.
do 240-270 lbs.
do 270-300 lbs. .
Feeder pigs, gd-ch, 70
120 lbs.
Steers gd 900-1000 bs.
do DIM. 700-1100 lbs. 11.25(g) 13.30
do com. 700-1100 lbs. 9 .25 'a 11 .25
Heifers, gd, 800-1100 lbs 12.50 13.00
do med, 500-10.00 lbs. , 10.2512.50
do com, 500-900 lbs. 8.00 10.25
Cows, gd. all wts.
do med.. all wts. -
do cut-corn all wts.
do canner. all wts.
Bulls (ylgs excld )
beef, gd., aU wts.
do sausage, gd.. all wts.
do, saus., med. all wts.
do saus cut-corn, all wts.
Vealers, gd-ch, all wts.
do com-med aU wts.
tin rail lha tin
95 1055
8 .25 r 9 25
8.50 8.50
9.50& 6.50
10-25611.00
10.00 V 10.75
95 10.00
7-500 925
14.00 15.50
9OO14.0O
7.000 C OO
11.50 011.75
10-25 11.50
00 10.00
8.000 9.00
3 5C(n) 4t5
1-500 J.50
Spring lambs, gd-ch,
oo mea.-ga. ,
do com. ,,
Yearling wethers.' shorn.
mea-ga.
Ewes, shorn, gd-ch.
ao com-med
Wool in Boston
BOSTON. Aug. 11 (AP) (USDA)
Demand for half blood and fine ter
ritory wools continued at around ceil
ing prices in the Boston wool market
today. Some dealers reported their
stocks of these grades are getting very
low. Purchases of fine and half-blood
territory wools were reported in the
country at firm to slightly higher
prices. Medium wools of all types re
mained quiet
Stocks and Bonds
August 11
Compiled by the Associated Press
BONO AVERAGES
20 19 10 10
. ' Ril Indus Util Fg
Net change A 2 Unch A 2 A
Tuesday 62 I 103.5 96.3 ' 49
Previous day 61 J 103.5 96.1 49
Month ago 81. 5 103.6 95.6 49
Year ago 63.7 104 J) 102.0 47
1942 high 65 6 103.7 100.8 49
1942 low 89.4 102.6 93.6 41
STOCK AVEKAGES
o is
IS
UU1
a a
23.4
23.3
23.6
32.0
27JJ
21.1
Indus Rails
Net change
A .4 A 2
i uesaay
52.8
16.5
16.2
16.1
m
17.6
14.4
Previous! dii'v S2.4
Month ago , 54.5
Year ago 61.2
1942 high 611
1942 low 48 0
Dl l tUm N D DIGCIM1.N U
DBS. ' CHAN LAM
CHINESE HtikaUtU
241 NerUi Uberty
Upetairs Portland Ueaeral EJee Co
Office epea Tnesday aad Saturday
aly is tm Uiaa.iltols.it
CaBsollaUo. Bl treuni aaa
rtae testa are free mi chart.
Practice, "luce Mil
i-iisMair
Salem Market
Quotations .
The bricea 'below iubbIImI h i In.
cal grocer ar indicative of the daily
market prices paid to growers by Sa
lem buyers but arc not guaranteed by
The Statesman:
VEGETABLES
California Dluma. inrlnti. omKm
2.50 crate.
Cabbage
. 2.50
. .50
. 1.85
. 3.75
. 1.00
. .IS
. 2.00
. 230
. .45
Carrots, do. ,
Cauliflower: crata
Celery, green
Cucumbers, hothouse
UIIJC, ID.
Onion Hrv whit -
Onions, dry. red, yellow
Onion, green .
feas
.11
1 new 3.00
.04
.45
.85
Potatoes. 100 lbs.
Potatoes nw
No.
Radishes, doz.
Turnips, beets
Lettuce ..
. 2 .50
GRAIN. HAT and rrni
inuying meet)
Oats.
No. 1
26.00 28.00
24.00 26.00
Feed
barley, ton
Clover hay. ton
13.00
Alfalfa hav. Ion
18.00 to 20.00
1.75
2.35
2.45
Dairy feed. 80-lb. bag
nen scratcn feed - ,
Cracked corn .
Wheat .
JO
BUTTER, EGGS AND POUUit
nnaiocn ouying rnce
(Subject to change without notice.)
BUTTERFAT .
Premium '. 48
No. 1 : .461,
no. 2
.43 'i
46i
.45i,i
.47k
J7
M
34
32
XL
2&
.18
BUTTER PRINTS
a :
B
Quarters
EGGS
Extra laree. brown
Medium
Standards
Pullets
Cracks
POULTRV
Colored frys
Colored hens
White Iphnrn frv
Whit T jichnrn HtY
.19
Msrinn rr.am.r,', Rnvin, Ttrlmm
(suojeci to cnange witnout notice)
BUTTERFAT
Premium , .48
No. 1 , .46' i
No. 2 .43 li
HOP HARRIGAN
bow -wReu. 1
ii
BARNEY GOOGLE
i
MICKEY MOUSE
DUMB OX, UJH
DlDdA HAFTATHROUJ
OLIVE OVERBOARD?
THIMBLE THEATRE-
HONEST
GOTTA
' ' " II. I III .1 PiWiWWWWW
PO XcAPW-'UJ TOW TH WOUNDED AND 1 I WELL. WORTHAtY GERRY.' THAT CRASH-DlV f
HE. W0P'S DONE) HAND OVER HAND FOR ew WATIVE WIDGET )BoSt'S CLOSlNGVXf TFOOLtS J
OOD ) IT A LINE J SHORE, MEN'. HERE, n AND I DID A IN TO MACHINE- jfV A TRYIN&TO fl
4TY 7 TO THE ff MATE, HELP ME NEAT JOB OF V GM THOSE fi Jfirfx SMASH INTO I In
JA BEACH SAVE THIS BUT, SlRt PAVIN& OUT SAILORS I HANG Afel us
r rATo,
-
HOOOD VCOME RIGHT N, VCUT THE COWEDY
MORNING, A15 WWUT b AN' PERDOOCE '
k MR. J I PO FER y-f THEM THREE T
FLUPP 1 ) YUHfJ7LlLION TO WHICH
Alfisi ( the crry now nrir
JyTj
X7
WE HAVENT GOT ANY,
MONEY
UTTLE ANNIE ROONET
4 " GET THE OTHER MAN ROPED, TONTO, THEN SJ3 TXK,W
THE LONE RANGEB
EGGS
Large A
Medium A .
Large B
Medium B
Large dirty
21,
24
20
20
22
. 22
Pullets
Checks, undergrade
POULTRY " -i
Colored hens
J9.
22
21
Colored fryers, over 2', lbs. .
Colored fryer, under 2'i lbs.
Leraorn fryers, under 2V lbs
J9
Leghorn hens, under 3l,i lba. J
Leghorn hens, over 3',t ids. .is
Old roosters M
No. 2 poultry 5c less. " . .'
LTVESTOC& :" ' '
Buying prices for No. 1 stock, based
on conditions and sales reported up to
Spring lambs . , - 11.25
Ewes . 4.00 '
Hogs, top 160-225 lba. 14 00
Sows . 12 00012 50
Veal, top . , 13.50014.00
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
29
Heifers
Dressed veal
HOPS
Buying prices.
1942 contracts:
Seeded .
Seedless
JS0
.60
45
.43
WOOL AND MOHAIR
Wool - '
Mohair
Department Stresses
Bulb Inspection Need
With narcissus bulb well under
way in Oregon, the state depart
ment of agriculture warns that all
commercial plantings must have
inspection for the greater bulb
fly before bulbs are shipped.
Some growers hold their bulbs to
dry thoroughly before shipping;
others ship as soon as possible
after the bulbs are out of the
ground. The department will
supply any grower literature on
diseases of narcissus, states C. A.
Cole, horticulturist for the plant
division.
I Opf 1042.
If LIONS
SEE...
ANY y
DONT
B'LEEVE
I DO!
SHE PAIWTED,
3IR - WOU
CALLED FOR
ZERO. 1 '
FIND A JOB.
AT ALL
v ....-.. iMr r,r-TN I
w WSTU
pr n. Wak Datr " 1 VI
-w n.) 'lrA
tywdicwe. Inc., World nphCT iwrwrf
- A
J.
rWv--
... ..
f-:1
- s.x
'
Hei-Mei, the famed giant panda
which has been a favorite of chil
dren in Chicago's Brookfield xoo
ever sirce it was brought to the
United States from China in 1938,
Is dead of an ailment which zoo
experts couldn't identify. Mei
Mel was brought to Chicago's fa
mous zoo upon the death of Su
Lin, and had remained alive in
captivity longer than any other
giant panda. Still another giant
panda, Mei-Lan, remains at the
Brookfield zoo.
"LSVMOVM
&oft w
0R
K.ng Fcjiutct S-nAcjtf. Inc.. Work) i
! LIONS? LES
DONT GO
DO I HAVE
AAD CHUNV!
THEW ?
STICK AROUND
AN' HAVE A
NOW.
CUP O' COFFEE!
LISTEN,
you...
SOU CALLED FOR .
SMELLING
POPEVE?
STARTW
TO RAM
em
OTHER FELLER
T ouve
( FAlMTEq
4fe
HERE. HIM MAKE
SCAPf
Qates Family V
In GaKf oima
GATES Dierdre Pibble ofCor
vallis is visiting friends in Gates
this week. " ; . - - J
: .Mr. and Mrs. Wells of Portland
visited Mr. and Mrs. Ed Collins
Saturday. Mrs. Wells is, the fori
mer Katherine Dinsmore.'
Mr. and Mrs. Carl Knutsonleft
Friday for a two weeks stay with
their daughter,. Mrs. Melvin Boy-
er at San Francisco. . -
Raymond Smith of North Bend
spent the weekend with his mo
ther, Mrs. Marrietta Smith and his
brother, Charles.. ' -;
. :Mr. 'and Mrs." . Clifford ; Reeder
and family of - Potlatch, Wash
spent several days with their cou
sin, Mrs. ' Chris Knutson. They
were accompanied by "Mrs. Edith
Reeder of Seattle.
. Delbert Devine ' who has , been
seriously ill at the Deaconess hos
pital for several days is improved
and has returned to his home here.
Flax Starts Again, as
Rain Halts Harvest
DAYTON Again damp wea
ther has interrupted the flax pull
ing in this area. In some of the
flax fields in which pulling had
begun some tune, ago, but sus
pended because of rain, new
growth is blooming on the same
stalks with ripe seed, growers re
ported Monday.
r
WW
DONT TRY AN'
PULL NO FAST
ONES ON MB !
V -
A u aa
SEE?
- SALTS.
-NOT
LOOK
WITH
YOU
I TRLrST IT OH,rrTf
REVIVES HER k-f MV U )
' Vs
. M llJ.fx?x. ' X W" 111 E
4 . rgmmfi mtm
f IF HE GETS TO "f
XI TOWN FIRST, 1
wtf HtU. WARN
Cainas Woman Yisiting
With Aumsville. Family
l AUMSVILX Mrs. Jane Ste
phens of . Camas, Wash who has
beer-visiting her, brother, Melvin
Gfldow , the past week left Mon
day for home.
Mr. and i Mrs. Claude Boone
have moved to Monmouth, where
he will be able to work at Camp
Adair as a checker, 1
Fl ii ii mtmriwr I
Cope With The -;
Unexpected . w . With
A Personal Loan .
" ' Come to us for cash
to meet those un
foreseen bills. We
will extend a loan
to you promptly.
find oat about our dignified
credit terms ... For money
in a harry see
Siale Finance Co.
212-222 Guardian Bldg.
Corner Liberty & State
Telephone
8168
Lie. S-213 M-222
tt WE GOT ft GUWSE
xjVW NWW SUViCVCOPVW
Vi1
GEE,TWE LADY FORGOT TO LOCK
1 - arwv um.vv r.WL- I
WDULDMINO IFWE WEWTIM
FOR KIM, TONTO, fLL WART OUT
THE WQN KEEP SILVER WITH
OH! PURDON AABITHEN
HAVE TWO CUPS O'r-