The Oregon statesman. (Salem, Or.) 1916-1980, August 20, 1942, Page 8, Image 8

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page eight
Hut OREGON STATESMAN, Salem. Oregon. Thursday Morslng, August 20. !
i r
'Farm
Co
larlylarket
Brings Highs
Profit Selling Hits
After Start, and
Closing Mixed -
. NEW YORK, Aug. 19.-W)-The
stock .market Wednesday ; en
countered profit selling resistance
after a first hour rise --carried a
number of leaders to new highs
'for a year or more.
'" Closing prices were mixed with
.steels, motors and rubbers, down
fractions to around a point. The
. rails, heavily favored by buyers
In recent s essions, yielded ground
lor a time but bounced back at
the end for fractional gains. Air
crafts, coppers, oils and "Various
specialties also finished moderate
ly higher.
To some extent, market action
. was colored by American Tele
phone & Telegraph Co. declara
tion of the usual: $2.25 quarterly
dividend. A morning dip of more
than 2 points in telephone stimu
lated selling in other leaders and
Us sharp recovery after the divi
dend announcement tended to
-check the flow of offerings in
.other directions.
The brisk demand for stocks in
the early, proceedings, brokers re
ported, was based in part on the
war optimism generated by the
biggest of all commando raids on
the French coast.
i At its closing level of 37.1 the
7 Associated Press average of
f i , -
"Strictly. Private
IS
By Quinn Hail
TJ.S.ASACf j
MUREL A POUPE OF WE IW. REHT Or A
BQK.S0& SALDR S4ID NO RCU2E3 LICUED A
WW SECPEsBur vwl wsdc. im just dcht
m IBUSTD BSGER I JVj)WlEAE' THE USA.
YOUR, SOW
p.sAmtrr
KML MOPALC
WU WhM tmw
Quotations at Portland
Produce Exchange
60
stocks was down .1 of a point
Transactions totaled ' 503,810
shares against 556,830 Tuesday.
Reaching newpeaks were Santa
Fe, (the highest since 1937)
Southern 'Pacific, Erie Certificates,
Union Pacific, Atlantic Coast line,
Columbia Pictures, National Dairy
and Hiram Walker.
The gaining division " included
Corn Products, Celanese, Ana
conda, Cerro de Pascft,1 Curtiss
Wright, Boeing, Lockheed, . Dow
Chemical, J. C. Penney, Monsanto
Chemical and United Air Lines.
, American Telephone concluded
its, wide swings point net
higher. . '
Bethlehem Steel dipped slightly
more than a point while fractional
losses were recorded by US Steel,
- Youngstown Sheet, Chrysler, Gen
eral Motors and Sears Roebuck.
PORTLAND, Ore., Aug. 19 (AP)
Produce exchange:
Butter: Extras 44; standards 41;
prime firsts 41'i: firsts 39.
T3 ..44nW - AR-ARIL
Egga: Large extras 40; standards 38; I Cows, gd, all wts
medium extras as; stanaaras -3.
Cheese: Triplets 22; loaf 23.
Portland Produce
Feeder pigs, ed-ch. 70-
120 IDS. 13.00 f(f 18.23
Steers, gd, 900-1100 lbs, $13.50 14.50
oo med., 800-1100 lbs. 11.0013.50
do med.. 700-1000 !bs. 11. 00 in 13.50
Heifers, gd.. 800-1100 lbs. 112.50 (J 13.00
do med, SOO-900 lbs. 10.50 12.50
do com , 900-900 lbs. . 8.00 4 10.25
9.00 ti 10.00
do med., all wts. 9.000 9.00
do cut-corn, all wta. 6.25 8.00
do cancer, all wts. 5.000 6.25
Ceiliris Price .
- o
On Fertilizer
Is Announced
Sulphate of ammonia one of
the most Important agricultural
fertilizers was brought under a
specific ."dollars, and cents'! price
ceiling on all sales by producers,
importers and "primary . Jobbers,'
in a new regulation, announced to
day by Richard G. - Montgomery,
state OPA director. - '
The new measure is effective
August--- and provides that the
lower of the following maximum
prices may be charged: -.
(1) The base price of $28.20 per
ton at inland even' plus the trans
porta tion charges to buyer's des
tination from the inland oven near
est the buyer's destination, or
(2) The base price of $29.20 per
ton at port, plus the transport-
tion charges to buyer's destination
from the port nearest to the buy
ers destination.
- Wjth the exception that no sepa
rate differential is granted in the
regulation for "spot sales,", these
prices are at approximately the
same level requested " in ;' May
1941, and again last February of
the producers by the price ad
ruin is tra tor. The great majority of
producers adhered to this request
and .this price pattern was frozen
by the general' maximum price
regulation. ' ' '
Sulphate of ammonia is a by
product of the iron and steel in-
Farm Girl Wins Plow Contest
IP
IlM
Besting a field of expert tractor driving youths, brenght presentation
og $200 in war bonds. to Patsy Altree, 17-year-old farmerette of
LaCenter, Wash, (also shown In upper inset) , by Wade Newbegin
(left), president of tt. M. Wade,' tractor sales division. Ford tractor
distributors, on behalf of -Barry' Ferguson, Inc. Other prise winners
include (left to. right) Robert Fjmk, second . prize winner from
Baker; James Bany of Canby, third, and Arnold" Olson, Everson,
Wash, fourth. Henry Pfennig (lower inset) of the Bethel commun
ity, route six, Salem, was listed fifth among the young plowmen
who competed last weekend near Portland.
dustry, and its importance as a
plant food is indicated by the fact
that it is the principal source of
nitrogen in mixed fertilizers and,
as a nitrogen carrier, it has been
placed by the war production
board under strict allocation.
Portland Man Visits
JEFFERSON D o n a 1 d Lake,
who is employed at the shipyards
in Portland spent the weekend at
the home of his parents, Mr. and
Mrs. William Lake.
Oregon Shorn !
Wool Is Short
k .The quantity ;.'of wool shorn in
Oregon -in.. 1942 is estimated at
12,923,000 pounds or eight per cent
less than the 14,058,000 produced
in 1941 and 26 per cent , less than
the. 10-year. (193M0) average
production of r 17,417,000 ..pounds.
On the 1asis" of J 1,452,000 "" sheep
shorn, the averaje fleece weight
this year , was- 8.9 pounds, a little
below the 9.2 pounds obtained in
1941 but above the 10-year aver
age weight of 8.7 pounds. Sheep
numbers: continue to decline in
Oregon," the primary reason for
the ; relatively t small 1942 l wool
crop. In that connection, the num
ber shorn this year was 5 per
cent, under the number shorn last
year and 28 per cent under aver
age number shorn during the 10
year, period from 1931 to 1940 'ini;'
elusive. , . - -
The quantity ;of wool" shorn or
to be shorn jn the United iStates
in 194Z:1s esitimated at 392,346.000
pounds according to preliminary
report issued today by the US de
partment of agriculture. This
quantity is .the largest shorn wool
production on record, being about.
of 1 per. cent larger than -the
1941 . production the previous
record. '"i"::v ' :',
' ' The increase in . production ' In
1942 compared with 1941 resulted
from a ."larger number, of sheep .
shorn since the average weight of
wool, from .sheep 'shorn '.this year
was smaller than . last. . For the
United States the. estimated num
ber of sheep shorn this year was
49,092,000 with an average weight
of wool per head of 7.99. In 1941
the number shorn was 48,130,000
jvith an average weight of 8.11. -
in a iiunny
There b no personal or business emergency which we
cannot help you meet with a conveniently, speedily
arranged loan! Drop into our offices for full details . , .
STATE FINANCE CO.
212-222 Guardian Bldg4
Telephone 8168 -
Corner Libert; and State
Life; S-213 M-222
Wheat Leads
Big Advance
CHICAGO, Aug. 19.-(iip)-Wheat
prices Wednesday led one of the
strongest grain market advances
in .weeks as a result of buying
which brokers said was touched
off by the allied attack on the
French coast
Prices in all futures pits closed
at or near the day's highs. Wheat
was 1-2T cents higher than Tues
day, September $1.18-, De
cember $1.21-.
r Wheat was up almost a cent
soon after the opening and after
mid-session extended the gain to
2 cents and showed little sign of
retreating. Dealers covering pre
vious . short sales accounted for
much of the support, brokers said,
although some reinstated lines
sold out recently on hte price de
cline that carried corn and rye
to seasonal lows.
Stocks and Bonds
August 19 i
Compiled by the Associated Press
BUND. AVEKAGK9
Wednesday
Previous day
Month ago
Year ago
1942 high
1942 low
20 10
Rails Indus
63.4 103.3
.63 4 103.5
616 103.5
10
Utll
06 5
96 8 .
96.2
.63.6
.65.6
..59.4
104.8 102.0
103.7 100.6
102.6 93.6
STOCK AVERAGES
30 15
Indus Rails
Wednesday 53.5
Previous day . .53.8
Month ago 54.1 16.2
Year ago 61.5 . 18.2
1S42 high 56.0 17.6
1842 low 46 0 14.4
IS
Util
17.6 . 23.6
17.5 23.6
37.7
31.
27.3
21.1
10
49.8
49.6
49.3
46 3
49.8
41.5
60 :
Stkft
37.1
37J
37.1
43.2
38.7
32.0
PORTLAND. Ore., Aug. 19 ( AP)
Bulls (yearlings included)
oeef. good, au wts. 10.00 10.75
Sausage. . good. aU wt 9.75 fa 10.50
do med., aU wts. ,. 9.000 9.75
wy . - - I do cora-med all wts. 9 14.00
wSf,"ted: T-mt. a B,ade 47c Jn I do cull. 75 lba up 7.00 ft 9.00
-?ui!?' : TI5!!:AoP 1?? Spring lambs, gd-ch 11.7512.00
SrSr1 uw,moS L. and good -10.25011.50
. . r rr Yearling lambs., com. " 8.7510.00
C in vaxioiia. 1 Yearlini? wpthrs. mH oA tMa a an
Butterfat First quality, maximum Ewes, shorn, ed-ch. 3 500425
of .6 of 1 per cent acidity delivered do Com-med 1.50 30 1
in forxiana w-wnt
, . . . . n. n 1 font
acidity) 47-47ic lb.; valley routes and Wool in UOStOn
country points zc less man ursi or
43i,c lh second duality at Portland
So under first, or 43'i44e lb. - BOSTON. Aue. 19 f API itJSDAi
rheesa Selline prices to Portland ron8,aeraDle scuvity was reported to-
reUilers. Tillamoolc triplets 28'ac lb.; ?y the country and in Boston
loaf 29'iC lb.: triplets to wnoiesaiers ,i"wj " na one-nan
26'.e lb i loaf 27ic lb. fob Tillamook, blood wool. Sales of sizeable lots were
Ebbs Price to producers. A large made at ceiling prices. Some Texas
aik.. B laree 35c - A medium 35c; B eight months wools were sold at clean
medium 32c dozen. Kesaie xo rexauera i i; f' "' "'. """111 wiuor
4c hieher for cases; cartons 5c higher. original bag wool running bulk to
Live poultry nuymg prices, v.
1 grade Leghorn Drouers ivt
ih. "nr- aver 1- lbs. 23c: colored
fryers under 2,i lbs. 23c; 2i to 4 lbs.
2Sci colored hens 22c: colored roast
ers over 4 IDs jc; -iiegnorn nem
unrior 2'S. lbs. 18c: over 3'i lbs. 20c:
NO. 2 grade, hens 5c less; No. 3 grade
10c less; roosters luc id
Dressed turkeys Selling price: New
crop, 32-35c lb
line x rencn comDing was sold at a
1 ciean price of 11.08.
Salem Market
Quotations
The prices below moulted hw m lo
cal grocer are Indicative of the dailv
ti... caiitns nriiv nn tnirk- Al- I market prices paid to erowera bv Si.
falfa No. 1 $24-25 ton; oats-vetch $18 tena buyers but art not guaranteed by
ton, valley points; umotny. eastern ;'fr;"
. ,,-ll.v Kmnthv SIS ton I VE.bE.TABL.ES
Onions Green 75c dozen bunches: CalUornia plums, apricots, peaches
Oregon $140; Walla Walla-Yakima y
SOc-ll-M lb. bag. a Cabbago
Potatoes, new - Yakima $3.50-3.75 fAJ.".,- tjj
cental; local S3 cental.
Celery, green
Country meats Selling price to Cucumbers, hothouse
retailer: Country Killed nogs, oest Garlic. J
butchers. 129 to 149 lbs.. 20-21c; others Onions, dry whit
nominal, unchanged. 1 Onions, dry, red. yellow
Wool linz coniracis. orrgun raiicii, 1 union, green
nominal 34-37C lb.; crossbred 40-42c Peas
lb. Potatoes; 100 lbs. No. 1 new 3.00
Mohair 1942, 12-month 45c lb. Potatoes, new " M
Hops Seed stock, 1941 crops, 40c Radishes.-doz. ; .43
lb.; 1942 crop, seeded 45-46C lb. Seed- Turnips, beets 85
less S0-51C lb. Lettuce 2.50
Cascara bark 1942 peel, ipe id. ukaln, hay AND SEEDS
Portland Grain
(Buying Prices)
Oats, No. 1
reed barley, ton
Clover hay. ton -
Auaixa hay, ton
rw-iDTf lion riT-o kwa 10 (API
Wheat: ' Open High Low Close J Dairy feed. 80-lb. bag
c.r)t .94'' S4',i S4,i I ."ti-icn ira
Dec. . 98', 98',a 98. 98,'i
26.00 28 00
24.00tf26.00
1300
Cracked corn
CashA-rain. OaU No. 2-38 lb. white Wheat
285. Barley No. 2-45 lb. B.W. 23.50
rn unmiotfd. No. 1 flax 2.40.
' rh wheat (bid): Soft white 1.07
soft white excluding Rex 1.10; .white
club 1.10: western red 1.10. 1
Hard red winter ordinary 97: .10 per
cent 1.04; 11 per cent 1.08; 12 per
nt 1.12.
Hard white baart 10 per cent 1.14;
11 on cent 1.18: 12 per cent l.ZZ
rri MfflV. MTAlntC WVlUBt A 1 Vlfir.
1 . . 1A,, A - 1 rxmim 1 Viav 1 t tUt5
millfe-d 4. ' ' ' ' I?5? brown
BUTTER. EGGS AND POULTRY
Anaiesen's Bnylnc Price
4 Subject to change without notice.)
BUTTERFAT
Premium , , .48'4
.1. . i
o. L , , 47
No. 2 . ; .44
BUTTER PRINTS
A
B
Quarters
Portland Livestock
Medium
Standards .
Pullets
Cracks
PORTLAND. Ore.. Aug. 1 (AP)
POULTRY
Cattle, salable 125. total 425; hogs, sal- J;0!0!!
fb,'f, t0taI 400: "ljible 'wMlhoi-
33,
total 350.
Barrows and gilts, good-ch:
140-160 lbs.
White Leghorn hens
do 160-180 lbs.
do 180-200 lbs .
do 200-220 lbs. .
do 220-240 lbs.
do 240-270 lbs.
do 270-300 lbs.
ii4 25U5 00 M4rJo" Creamery's Boy lag Prices.
. 14:75 15.50 (RS1urtA;nan wUhnJt notic
iiinvii'iui Premium .41
14.75415.35 -
ii0itnnlna
14.60 15.00
140 14.75
-. I J
... ( y'- .,
-
. " '
EGGS
Large A
Medium A .
Large B :
Medium B .
Large dirty
pullets
Checks, yndergrades
ruuust
Colored hens
Colored fryers over 2',' lbs.
Colored fryers, under 2 lbs.
Leghorn fryers .
Leghorn hens, tinder 3'i lbs.
Leghorn hens, over 3'.i lbs.
Old roosters .
No. 1 poultry Sc less. .
UVESTOCR - v ,
Buying prices (or No. 1 stock, based
on conditions and Sales reported, up to
spring iamos . io.so
ewes :. i, i i , - 4 00
Hogs, top 160-225 ibs. . ... 14.25
Sows 12 00&12 50
Veal, top ,., 14.00
Dairy type cows
Beef type cows
Bulls -
Heifers
Dressed veal
HOPS
Buy inf prices.
1SH- contracts:
Seeded -, , - ,, ...
Seedless
6 00 to 6.50
7 00 to 8.50
. 8 00 to 10 50
7.00 to 8 00
M
WOOL AND MOHAIR
wool
Mohair ,
,nne Sheridan and Dennis Morran lave the starrinc roles to the
thrillinr new Warner Bros.' film, Wlars For the Eatles." which
- A 1 It. .. f . JJw 4 K HAtHMntAII
C. CliS at we cia lure uicatrc vu i akaaaj , wu- .w -.- i n
tsre Tknlc cf the Plains," with John Carroll and Rath Hussey. J
Dt.Y.T Lja N r i ii .-aA. n w
DRS. CIIAN LAM :
CHINESE Perbaliits
141 NorlS Ukerty
I7p-talrs Portlarid Cienral Elee Co
Office epa Toes y ad Satardav
aiy is a. as i sji.; u 1 . b
CoatalUUoa. etoed pressors sad
artas testa art free-of charfa
PracUeeS "lues 1911
GOVERNOR. THE
POLICE HAVE POUND
YOUR DAUGHTER
'"SHE WAS WITH HOP
-HAERNSAN WHEN
WE FLEW THAT
, BOA4BER;
HARRISAN, EH?
GBT THAT
YOUN& PVt
HERE I'LL
BREAK - I'LL
WRIN - I'LL-IIL-
GET 'EM BOTH
HERE! AT ONCE!
8lummr
HOP HARRIGAN
SORRY. R. BUT THEVVE -SI
EJOTH DISAPPEARED ASAIN,
-AND TAkTEN WITH THEM
a r iii. i f .
' vnio ' w h s
WANTED BV THE
IMAl US RATION
BUREAU.'
mm m m Mm m J3 w 1
V IMAl US RATION ml''
XBUREAU !
MEANWHILE:
,WHY
NO TIME FOR THAT
, NOW. TANK WEVE
BEEN ORDE t?tnj TO
FREPARE OUR, PLANE
BUT. WASH.
DID HOP RUN ?
WE ICNOW HE
DrDNT "ABDUCT ) AT THE AIRPORT HERE
THE GOV'S .FOR IMMEDIATE TESTS
GAL i
HOP'S GREAT RKHT
CONVINCED THE AIR FORCE
THEy NSCO A BOMBER
LIKE OURS!
HOP,
PEAR,
I'M v
SORRY.
BAA A Hi in Hiding -
LIKE A THIEF.' FOR
.WHAT? A COUPLA 4
DUMB BUNNIES I
I COULD BE FLVIN
HIGH I - OH. BOO
'COME ON! &ETTIH'
DARK LET'S HIKE
1
2
CO-rnvw.W ... .
dvcvcjspst
H VtR-
Av-vsw-y
2b.
9-
BARNEY GOOGLE
-- CofiEatfcZn SynHatt, mat. World riawmmti. Q-q
m H NM -VPi o
g CM WV-SH RWW KT
i T.Min.TRHVW"feXS
. ' ' " ' ' ' . ' hS
JTHUH NERVE CTHUH ACWftf TURNIN' ME DOm'.l
1 irT? jLTII WHY. TMEY NStSD ME...T GEZ .
SC??slV WElIWCx5OR:ilNT
MICZEY MOUSE
I YUH CANT ?
HOW CONAE?
1
f I S ENOUGH
CH ON
ACCOUNT
OF My
AGE AND
NOT PEIN'
' WELL, SAY. . . THET
DONT APPLY TO AAS !
I AJNT NEITHER
CMA-L
-55.- 1
8 j
. nIsee yuh later! im
rV VIgonter pefend muh
07i CXHJNTRY, WHETHER
f&gv-A --t THEY LIKE IT
7yTj7T OR NOT ! J
DAMES rSOOFV,
Rfrkl AAAHP A N
WkCClLt' I---
r I
THIMBLE THEATRE-
r BAKED A fTHAJsJK
PlHr FOR THE; VA,
AMBAfSSAPOR J AUK1T
iREETlMiS. A V
AMBASSADOR J
?CkJAR?.)TiMOrK
HMiTHB.
AM8ASS AOOR ) I
APPEARS rMUST
QUITE KK3SH1M
GLOOMH AAtJAlW
V
I WAM WHAT 1 VAM AM' THAS ALL
I VAM I VAM POPEVe'SAlLOR
LOOK AT THE BRAZEN LITTLE CREATURE
5N00PIMG AROUND AS BOLD AS BRASS -
AND ITS ALL. VXJR FAULT J
f J BUT MY
i 4
' V
UTTLE ANNIE ROONET
SILENCE IFOJHADHT
roRGCTTTEW TO LOCK THE GATE,
THAT HOMELESS.
LITTLE AGRANT
VvQUlDNOr
uf urr-.
l -. jA
BUT-1
DONT START TOBUT AND
W DEAR "ME ? IT5TD01ATE
k FOR lOUR EXCUSES -THE QUESTION
GET RID OF
T
i
domt prehnotd nottce it.
T&0 BUT THE CARETAKER AND
HIS WIFE ARE PEEKIN AT US AGAIN
-IT GIVES ML A CREEPY FEEUN'
EVERY TIME 1 5EEtM PEEKIN'
us
.
mil
row
THERE ITGOE5. BOVS MY. NICE. NEW
WAREHOUSE AMD THE LOME RANGER
l.nTi i rr
!
THE LOIIE RAKGE3
TV4
-'L
rrr?
'Tr.' ixTrVE'GOTSayER FOX MV TRMPIN'S FOR k YEW ARE
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