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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Aug. 13, 1942)
Fimaecial .Markets Mies PAGE EIGHT Th OBEGON STATESMAN. Satan. Oregon. Thursday Morning. August 13. 1942 Farm Go i News Fails to Shake Stocks Gains, Losses Mixed As Market Stays On Narrow Path -' NEW YORK, Aug. 12.-T-Re- trerses to the Russian armies in the Caucasus failed to shake the stock market out of a narrow path "Wednesday. , : i Final prices were mixed, though there was a faltering attempt at Improvement late in the day which minimized some losses or - chanced them into' gains. ." Chrysler, which got its first - chance to react to the announce- ' ment of lower earnings and a div; 1 ldend cut made late Tuesday changed hands in big blocks at ' more than 2 points loss at the opening. It quieted to close off ' 1 coints at 60. These contributed to the rise in the day's total sales to 283,058 shares. Though small, this was above Tuesday's figure of 258,610 shares. The Associated Press ave :" rage of 60 stocks was .1 of a point down at 36.3. Rails and utilities were a bit ac- ' tive in the corporate bond mar ket some with small advances, US governments were about steady. " Gainers among big board stocks Included Bethlehem Steel, Wool TV or th, International Harvester, Douglas. Standard Oil (NJ), Froc tor & Gamble, Westinghouse and i Eastman. Lower at the final bell, thought some were resistant at times, were Anaconda, Santa Fer American Telephone, Pennsylvania, Amer ican Can. American Airlines, - Johns Manville. Du Pont and Par imowt. US Steel and General Motors were among a large con- .; tingent unchanged. Final Date Set On Insurance Marion county farmers who in i sure their wheat crops through 1945 under the new three-year federal crop insurance contract will have until August 18, 1943, to pay the first installment on the premium, W. M. Tate; chairman of the cbunty AAA committee, an nounced . yesterday. The premium installment can be paid anytime before that date in wheat or cash equivalent, or it can be deducted from the grower's wheat loan, AAA con- !.''; servation payment or any in demnity payment received under ;. his crop' insurance policy, ! the chairman explained. This pay ment plan the -commodity note--was introduced last year and proved popular with county growers, as it gives the insured grower an opportunity to pay his - premium at the lowest market price quoted during the year. V The deferred premium payment plan, three-year contract provi sion, uniform premium rates and a reduced premium plan are all new features that have been com- - bined to make all-risk crop insur ance more attractive to county f "wheat growers, the chairman be- lieves. i y Thirty county producers have : already insured their crops for 1943, 1944 and 1945 by signing the new three-year contracts, W. j M. Tate reported. Many of those i signing contracts are taking out insurance for the first time, he .'said. With dollar wheat assured 7 by the loan program, more grow ' ers are deciding that they cannot afford to run the risk of crop fail : ure the chairman believes. Fruit, Vegetable : Shipments From I State Decrease ... Oregon fields and orchards pro- ': - duced 19,593 carloads of fruits and J 'vegetables for shipment-out of the I " state in the year ended June 3Q, ;; the state agricultural department ; reported Wednesday. ?: The shipments for the year 1 dropped 4682 carloads below the f 1940-41 shipments inspected and t certified by the federal-state ship - "'ping inspection service. Approximately 75 per cent ;of the drop, 3443 carloads, is ac counted for in the Klamath basin - potato inspection deal. Potato i ) shipments from the Redmond area were only 10 carloads under the previous year. Onions, walnuts and filberts all showed gains. Record Books Out C. S. McElhinny, Salem repre tentative for the Oregon Mutual life Insurance company, announ ces that the company's agents are distributing to farmers a new type ' farm record book which simpli- 5 lies the keeping of records nee . essary for filing income tax re- . ports. - :V'". Try as ot Chinese rented!. AmuiBf SUCCESS for SsM years In CHINA. N matter with what ailment yon art ArFLlCT ED disorders, snasttls. heart tang, liver, kidneys, stomach, gas, constipation, c leers. dia hetis, fever, skin, female taints CbsrlisChan Chines Herb , Co Office Honrs Only Tnes. 8Bd 8atn I ua U I m and tia and Wed, t ua. t M PJB i 122 N. Coral SU Salem. Or. W i -l i m "Strictly Private" ittl St THtr) gOT A PRWATE.-V h jfci h BEAR MOMi It waaa. cm see w t armys. w such a - RUSH TO QSX WE. OSA E SrVfc p l CAM SEE THE GOSRaL SHE WU, m m.v ticket awsep to a later vxt Vfctlfc SDN P.S...BUT I 4 W.rlJ Ftll.tM Salem Market The price below supplied by a lo cal grocer are indicative of the daily market prices paid to growers toy Sa lem buyers but are not guaranteed by The Statesman: VEGETABLES California plums, - apricots, peaches 2.90 crate. Cabbage 1.50 .50 1.85 3.75 " 1.00 .11 2.00 2.50 .45 Carrots, dra. Cauliflower, crate Celery, green Cucumbers, hothouse Garlic, b. Onions, dry white Onions, dry. red. yellow Onion,, green Peas .11 1 new 3.00 . . .04 .45 - 85 2.50 Potatoes. 100 lbs. No. Potatoes new ; , Radishes, doz. Turnips, beets Lettuce GRAIN, HAT AND SEEDS (Baying ' Prices) Oats. No. 1 l. 26.006 28 00 Feed barley, ton 24.00 26.00 Clover hay. ton . 13.00 Alfalfa hay. ton . 18 00 to 20.00 - 1.75 - 2.35 2.45 SO Dairy feed.. 80-1 b. bag Hen scratch feed Cracked corn Wheat i BUTTER. EGGS AND POULTRY Andresen's Baying Price (Subject to change without notice.) BUTTEKFAT Premium No. 1 .48 -464 43i No. 2 BUTTER PRINTS .46',i .452 B Quarters EGGS Extra large, brown .. Medium Standards Pullet - .47 Vi .37 .34 M J32 Quotations at Produce Exchange PORTLAND. Ore., Aug. 12 (AP) Produce exchange: . , ' Butter: Extras, J'a; wnuius, prime firsts. 41',4; firsts, 38',i. Ruttprfat: 45'.x-46. Eggs- Large extras, 39: standards, 37; fnedium extras. 37; standards. 34. ' c.- TrinVts. 22: loaf. 23. - - Portland Produce uniiTUNn Ow.. Aue. 12 (AP) The following are the prices retailers pay wholesalers, except where other wise noted: t..4..ti-Sti A erade 46c In parch ment wrappers. 47c in cartons; B grade 45c in parchment wrappers, 45c in car tons. Butterfat First quality, maximum or t df 1 r cent, acidity delivered,, in Portland. 45-45ic J.; premium quamy (maximum of J5 of 1 per cent acidity ). 46V,c-47c lb.: valley routes and country point. 2c less than first, or 43ac lb.: second quality at f oruanu c miura first, or 43-43 ,c lb. Cheese Selling prices to rortiano. reUilers: TilUmook triplets. loaf. 29VaC lb f. o. b. Tillamook. Eggs Price to producers: Aiarge. S7c- B large, 35c: A meaium, medium 32c dozen. Resale to retailer, 4c higher for cases; cartons 5c higher. Uve poultry-Buying prices: o i Sade Legnorn Druun. " i c; over l'k lbs.. 23c; colored fryers under 2'4 Ib.. 23c: 2',i to 4 lbs.. 28c; colored hens. 22c. colored roasters, over 4 lbs., 28c; Leghorn hens under 21,! lbs.. 18c: over 3'.i ids., zuc; sso. hens 5c less: No. 3 grace roosters, 10c lb. " Dressed turkeys Selling price; w crop. 33-35c lb. ' . Rabbits Average iwiuj 30c Ib. ... J Onions Green. ac ora. , Oregons. 1.40; Wall waua-i . 90c-tl per 50-lb. bag Potatoes. new iuui - cental; local. $3 cenUl. Country meats-Selling prices to re tailer: Country-killed hogs, best butch ers, 129 to 149 lbs . nominal: yealers. fancy 23c Ib.. good heavy. 18-19C lb. rough heavy, "e -o.; -13c lb-, cutter io-i iu-. )7r it,, stvrintf lambs. 20-22C lb.; year ling hmbK. good. 18c Jb.; do heavy, 12- 15c lb : ewes, i-oc . Wool 1942 contracts. Oregon ranch, nominal. 34-37c lb.; crossbreds, 40-42c lb. Mohair 1942. 12-month, 45c Ib Hops Seed stock. 19A1 crop. 40c lb.: 1942 crop seeded, 45-4c lb., seedless. SO-Slc lb. . Cascara bark 1942 peel. 15c Ib. , Portland Grain poRTT-ATiri- Ore- Aug. 12 (AP) Wheat: Open High Low Close Sept. .92, 93 924 93 rw; 96'ii 97 961k 7 Cash grain: No. 1 Hax -424. r-..h ht (hidl: Soft white 1.06'i r.rt whit excluding Rex 1.09: white club 109i: western red 1.09. Hard red winter: ordinary 97; 10 per cent 1.03: 11 per cent 1.06; 12 per cent 1.09: hard white baart: 10 per cent 1.14; 11 per cent 118; 1J per cent izz. Today's car receipts: Wheat 38, bar ley 9. flour , corn 2. miUfeed 4. Portland Livestock PORTLAND. Ore- Aug. 12 (AP) Cattle, salable 200. total 250; calves. ..i.ku mnA total SO: hoes, salable and total 400; sheep, salable and total 200. Barrows and gilts, good-cn.. . M 140-160 lbs lt.00ei4.75 do 160-180 lbs. - 14.5015J5 do 180-200 lbs. -15 15.25 . do 0OO-22O lbs 14.850155 do 220-240 lbs. 14.50415.15 do 240-270 lbs, , 14.35 tt 14.75 do 270-300 lbs. . lU5ai4JS Feeder pigsgd-ch. 70- 120. JDS. 15 00 & 16.25 Steers, gd, 900-1100 lbs. $13.50 140 do med.. 800-1100 ids. li uuwu.ou By Quinn Hall KEEP our Quotations Cracks L. POULTRY Colored frys .26 .20 .18 .18 Colored bens White Leghorn frys White Leghorn hens Marion Creamery's Baying Prices. (Subject to change without notice) BUTTERFAT Premium ".48 No. 1 No. 2 .46Va -43'i EGGS Large A - Medium A . Large B Medium B i Large dirty 31 M M JO JO. 3X JZ J9" ji; .19 .16, .18 . M- Pullets Checks, undergrade! POULTRY ; . . .' 4 Colored hens ' r Colored fryerSL over 2,i lbs. Colored fryers. Under 2',a lbs. Leghorn fryers, under .2',a lbs . Leghorn hens, under Z'i lbs. Leghorn hens, over 3' lbs. Old roosters No. 2 poultry 5c less." . LIVESTOCK ' - Buvins -nrices for No. 1 stock, based on conditions and sales reported up to Spring lambs ; iv-av Ewes - 4 00 Hoes, ton 160-225 lbs. 14 25 Sows 12.00 12-50 ; Veal, top - Dairy type cows : Beef type cows , Bulls Heifers Dressed veal HOPS. Buying prices. 1942 contracts: Seeded ' WOOL AND MOHAIR Wool Mohair , 14.00 6.00 to J0 7.00 to 8 50 . 8 00 to 10.50 7.00 to 8 00 ' 20 .60 45 .43 Portland Heifers, gd.. 800-1100 lbs. $12 50 (a 13.00 do med., ooo-woo ids. iu.3ux ia.au do com, 500-900 lbs. 8.00 z 10.25 Cows. gd. all wts. 9.2510i5 do med., all wts. B.25fc 8 Z5 do cut-corn., all wts. 6.500 8.50 do can tier, all wts. . 5.50 6.50 Bulls (yearlings Included) beef. good, all wts. 10.00 H 10.73 Sausage, good, all wtts. 9.75 10.50 do med., all wts ; 900 9.75 do cut-corn., all wts. 7S 9.00 Vealers. gd-ch, all wts. 14 0015. 50 8.00 & 14.00 7 00 9.00 11.5011.75 10 25 11.50 9.00010.00 8.000 9.00 3.501 4.25 1JS0Q 3.50 do com-med au wts. do cull. 75 lbs up Spring lambs, gd-ch. do med.-gd. do com. Yearling wethers, shorn. med-gd. Ewes, shorn, gd-ch. oo com-mea Wool in Boston BOSTON. Aug. M ( AP) USD A I The demand for domestic wools was slow in the Boston wool market today. Some sales of fine staple wools were made at $1.18. clean basis. Offers of 50 cents, grease basis, were received for bright graded three-eighths wools, but little was available at this price. Sales of scoured pulled wools, type B. were made at $107. Stocks and Bonds August 12 Compiled by the Associated Press BOND AVERAGES 20 10 10 10 Rail! Indus Utfl Fe Wednesday 62.1 103.5 96.1 49 Previous day 62 1 103.3 96 J 49 Month ago 615 103.6 WJ 49 year ago 63.7 104.9 loia 47 1942 high 65.8 103.7 100.6 4S 1942 low 59.4 102.6 93.6 STOCK AVERAGES 30 19 Indus Rails 19 Util 23.4 23.4 23 330 27:3 Wednesday 52.7 16.4 Previous day 52 8 16.S Month ago 54 J 16.0 Year ago (11 17.9 i4z nign 5s o 17.6 1942 low 46.0 14.4 21.1V Dairy Inspections Hit New High, July An all-time high in farm calls for the state agricultural depart ment's milk and cream graders was chalked up during July when 1002 inspections were made on dairy farms of the state. These dairies included only those that ship factory miik.- Milk and cream graders made 20,122 sediment ' tests in July, condemned 643 cans of milk, 29 cans of cream and 23 pieces of equipment, and graded 4909 cans of cream. Dr.T.TX-m N D DtG Cbai.NJI DRS. ' CHAN - - ULM - CHINESC Perkaltets - Z41 Nona Uberty , Opstalrs Portland General Eire Co on et epea ToeMUy and SatatSay only it a. sa t t . as.; I U 1 . Caosattatlea, BImmI press re m4 srlae tests at (re csaria, , mm f " 1 I Practiced "lace 1917 WPB Freezes Dried Fruits . 1942 Crop Prunes,' 1941 Carryover 1 Included in Order WASHINGTON, Aug. 12 WPB today froze entire 1942 production and carryover from the 1941 crop in hands fo packers of dried ap ples, apricots, peaches, pears, prunes and raisins, to make them available for the armed forces and lend-lease shipment The supply not purchased by the government will be made available for civil ians. - Estimated, military and lend lease requirements for some fruit equaled 'or exceeded indicated 1942 production. Requirements for other fruits are heavy. -There fore, it. is felt necessary to set aside the entire production of the six dried fruits as a safeguard against any, crop failures or in creases in military; or lend-lease requirements. - Under order M-205, issued to day, packers are requested to set aside for government purchase, and report to the WPB their en tire existing inventory of the six dried fruits. In addition, they also must set aside and report any fresh fruits acquired for drying, and any inventory acquired with in one year. This applies to in ventory on hand as well as to un delivered fruits under contract to packers. HOP HARRIGAN HESVWFVtSS BARNEY GOOGLE MICKEY MOUSE THIMBLE THEATRE- HOP, YOU'RE A SHUCKS! TWJS U0Yf7VE ' 3 I'D UKE TO PART VVIThV--- Zj fSYl HERO.' NATIVE MiOOET KTHAT V BEACH J-jkJk THIS SOUVENIR OF VW- f I VOU SAVED US ALL DID MOST OF HE'S NO THAT SUBf AAY SHIP. WOULD TPEH-CHARGfX ff FROM THE BRINY J XT I HE FOUND NATIVE AND A IS HERE YOU WIND PLYING VlVEAH, CAPTAIN! jA HA! AND DID "tWAT THE ROPE I NO UID6ET7 A6AIN irV&& OVER THAT U-90ATV LET'S Ol J X . V PI6-BOAT PULL IN AND THE V HE'S . V TRAININ - ONCE MORE f r.-X X HIS HORNS WHEN S BALSA LOGSf, js&A HIS SUNS OHlXjL S: XTi ? VSC? 5? GSLA YOU DpVE " i ( LISTEN, YOU... I'M A. CITY ORF1CER ! i J WELL, "THEY AJNT TRy THUH SARASE! X - I I "--5s-5-i (TiJL IF YUH WONT PERDOOCE THEM BEASTS IN TH' HOUSE ! I ' ) 'NO TELUN HOW MANY V Jx f LOOK. HERE YOU! TH' LAW 2)t 7 I GOT A RIGHT MADE SURE LIONS A FELLER JH f fir SWS MJH ' CANT KtP LIONS 'OKAY CHUNA! AJNT -r TO SEARCH ! -rC THAT! vJM MIGHT FIND ' p Kw UTYcSSOT NO?R like a a 'K: "'r - M GEEZECO-I'M TECRIBLE GLAD THE LADY DIDNTLOCXTHS USSKSCfl DOORCAU5E I THINK ITS GONNA' RAM AU LITTLE ANNIE BOONEY rSTEADf SILVER, V0U STW n I V . t sin"? i ; - ' XT . P 1 sir- S wa 1 -.--L." ? 158 Tons Berries Delivered To Cannery by Scio Growers SCIO Ed Rubesh, secretary of the Scio Fruit and Berry Growers association, states that about 158 tons of berries were delivered here under contract to the Spencer cannery of Lebanon. Gross value to growers is stated at $26,324,30. Marshall: and Red Heart strawberries, reception beginning June I, totaled 218,523 pounds, selling; at eight cents for a total of $71,841.84; red raspberries, 35,- 237 pounds at 12 cents, $4,228.44j black raspberries, 17,796 pounds at nine cents; $1,601.64; boysenber ries, 24,939 pounds at seven cents; $ 1,7 4 5.7 3; youngberries 12,3 2 9 pounds at seven cents, $863,03; lo ganberries, -438 pounds at seven I cents, : $9.66; , gooseberries,. 6,566 pounds at six cents, $393.96. . Unfavorable ..weather was blamed by , Rubesh for I the . bare 50 per cent, average yield of the 200 acres pooled by the local asso ciation." '. -y ' Aurora Harvest Reports Given " ; AURORA D. F. Garrett Mop day finished the picking 23 acres of strawberries, currants, goose berries, cultivated blackberries, young and boysen's. His next crop is peaches.' Bert Jesky and Wade Russell have also completed harvesting their berry crop. Bean picking began Friday in the King patch, Colvin Bros, and F. Barrett's. i WGR..SV5 5URE" 1 v . a ssBBSB ss-k I CAN Dtt I Ht OUT NEAR THE THEY SHINE AN' LIKE DIAMONDS Mfeg HERE. MASKED MAN PRIVE.WAG0N TO VS tJt Wheat TryF 'CHICAGO, Aug. 12.-flVThe wheat market's attempt to extend its feeble recovery ' fizzled out Wednesday aiter price gains' of to tent "had been posted. ;, t .These " gains appeared in '' the first few minutes,' apparently: the result of small milling trade pur chases and a paucity -of selling or ders. During! the remainder of the session here were -nervous fluc tuations and prices'5 closed - cent lower than Tuesday, Septem ber $1.17 December $1.20- . Brokers said buying power was not maintained in sufficient volume to absorb moderate hedg ing sales. Visitor Goes Home " .: UNIONVALE A brother whose home is in ' Oklahoma has been visiting Victor, Geiger and family. He left Sunday for home. RAININ' HARD - a a 4f"a AAA- f- I t ta t' I Wf ASS IJ I XC '--a- ' ' WOU THREUJ iME IM BUT THE POOR RXKS WHO DCNT ANY HOME OR KaUM dkla-j rALLUM LAMPP05T SPARKLE JUST THINK RAWDRDP3 LOOK UKE DIAMONDS, I TOWN. 14A Wheat Yields Sixty Bushels , Eight-Acre Portion . Rated as Failure, , Goes 40 to Acre - UNIONVALE From 39 . acref in the J. C Church farm an aver age of 57 bushels of fall-sown wheat was combined.-' A portion of. the grain made more than ': 60 bushels an acre while 40. bushels an acre was the average v yield from eight acres which, did not look promising last spring.:.. i'. .If .it -had not been, too wet to plow, it would havey ben plowed and put'in other- crop.; Continued showers, prevented and the . wheat stooled with the above yield. : Mr. Church plows the, straw un der each year to increase the anf'jn hot weather. m a v There Is no personal or business emergency which wo Y cannot help yon meet with a conveniently, speedily 1 arranged loan! Drop Into oar offices for full details . . . ' STATE FINANCE CO. 212-222 Goardian Bldg Corner Liberty and State Telephone 8168 r ' ' Lie,' 8-213 M-222 rKA. iV "Wr vou Or l4l. Km TrMufn SyndirMr T MONEY-THEY DON'T BETCHA tv CPs-Ss j mm-mm imfaM'WWX I YOU FEEL BAD li -C J , rt nri 1 Au-m 'TTT l mill f iiV. r-MLMl I 1 I (B.i aj H? THE LONE RANGER'S DRAIN THE LOAD 0 ) 1 J OOCOf Hat NOT ONLY WOLF SKINS HERE RIGHT N0V, yZfQ f BRING THE SKINS, BUT ALSO I :- ' -y-. - ,- - - - - f'CS rfW?! nual y grain . yield. Four , acres worked by. Merle ..Church at - th Harry Kleinschmidt farm aver aged more than 45 ' bushels an acre. These yields are all ma chine measure. In Marion Yards ; A MARIONiean picking! Is" In full swing in all the. Marion yards. So far growers have sufficient help as residents have responded generously to' the caiv for help. Practically all the"., women and children are at work in 'the bean fields.',' - :-y ' .; - The .cool i weather is also favor able for . the setting out of young , beans' and prospects at this time are ior a pumper - crop. - t-ot weather " also retards insect ' infes tation, especially ,' that of the spottea oeeue, wxuca uinves oesi : ii. J a' ' 9 At . a. Hunmr CVWtO, "O Ot WOT .ha let thempo it j ) Int . World ntfcn wji I wd WHEN VOtTRE OUTIN A RAN ' 5TDKM An 1 IKzDAhf HUNGRY, RAINDROPS JUSTj LOOK WET-AN ITMAKE5 YOU FEEL BAD all uvck: a a m J n U f 5TL7KM AK YDukl I IkED Af4 I I I LOOK WET-AN" ITMAKE5 r I i;i i pjitf ws r7,: m i ' z,m do med 700-1000 lbs. 11.00 THE LO!E RAKGETi