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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Sept. 2, 1942)
TV ft n --- lvjlarelts PAGE EIGHT Tht 0-XGO.i STATESMAXT. Salea Oregon, Wednesday Morning. Septeabex 1 1S42 Farm: Stock; Mart. Faltering Most of Trading on ; i Down Trend; Gains Shown by Telegraph f NEW YORK, Sept l-(i!PHStocks t enerally got oil to a faltering . start Tuesday an4 the market con ; eluded the first session of the new month with trends decidedly in- ! ' definite. Fractional declines were the rule throughout the greater, part f of the proceedings but mild rallies came in here and there just be fore the close and enabled some J leaders to" emerge with modest ad- : vances. ! ; :.'v", - . , The list Inclined ,; to ignore k; , cloudier war news from Egypt and . Russia Just as it did more favora ble battle bulletins Monday. Buy f ers still stepped carefully pending ' clarification of existing tax .con fusion and disclosure of the presi dent's program for stemming the f . high cost of living. ' The Associated Press average of .V 60 stocks was unchanged at 36.7, Of 605 Individual issues traded, 1 225 were down. 170 up and 210 - unchanged.' Transfers totalled - 291,320 shares against 247,380 the day before.; - Among 'favorites Postal Tele " graph 'preferred made a new. top with a gain of at 19 and . Western Union was up Vi at 26 las merger talk became a bit loud er. 'Consolation coal. turned rela ; tively active with the gam of a noint The-approach of fuel oil ; rationing, was a factor, here. Pan American . Airways eased V to 17 as the civil aeronautics board order drastically cutting 'mail rates for , this company went Into effect.; t i . Retaining moderate plus marks were; Chrysler, American Tele- . '. phone, Goodyear, . Montgomery Ward, ; Sperry, . . American : Can, ' Southern: Railway, Electric Pow er it Light 6 per cent preferred, Johns-Manville, Standard Oil (N J) , and Owens-Illinois, r Chicago Great Western preferred was up "when directors jvoted a jdivi " " dend on accumulations. . On the losing side . were US . Steel, Santa Fe, Southern Pacific, 'Greyhound Corp., Anaconda, Ken necott, Du Pdnt, Union Carbide, 'Boeing, United Aircraft, Ame: - can Smelting and Consolidated t Edison. : . - v A little more profit taking came ; Into the. rails despite exceptionally ' big earnings figures for most .roads In July and the first seven months, "Strictly Private" By Quinn Hall vn&nEBt XT SEA DEAR Am' NHEH A Ml THE NWV" HE GOES N AV A O.S. (ORDlKURy S41L0R.1H& SARSE - I C0ODEWT A GOT W IF THE WD W RaTW SOW SA I AWT NO . CEWAARSCtDtfLR.. W Wt4 P - 9-d Buying Spurs Wheat's Rise Of Over Cent CHICAGO, Sept l-(ff)"Mill buying, reports of unfavorable harvesting weather in the north west and the absence of hedging pressure spurred an advance of more tha a cent in wheat futures Tuesday With September; and December wheat contracts going to new six weeks' highs, all other grains fol- owed the upturn. Although most of the advance was scored early, and ran into some profit taking after the first half-hour, the mar kef maintained a firm undertone through to the close. ; " " . At the finish wheat was 1 to V cent higher, i September $1.20- , December $123-$1.24. A major factor in the wheat up turn was the strength at Minne apolis, that market leading the ad vance for the second consecutive day. The Minneapolis j strength seemed to be based upon reports harvesting and movement of the northwest crop had slowed in the Quotations at Portland Produce Exchange PORTLAND. Ore, Sept , 1 (AP) Produce exchange: -Butter: Extras, 45; standards, 44; prime firsts. 42",: first. 3,i. Butterfat 48-48.c. Eggs: Large extras. 42; standards, 39; medium extras. 38; standards, 30. Cheese: Triplets. 22; loaf. 23. Portland Produce PORTLAND, Ore, Sept 1 (AP) These are the prices retailers pay wholesalers, except where otherwise noted: . - -- - Butter Prints: A grade, 48,4c In rrchment wrappers. 49'ic in cartons; grade, 47'ic in parchment wrappers. 4S',ic in cartons. ' . " i - Butterfat First quaUty, maximum of .6 of 1 per -cent acidity delivered in Portland. 48-48VaC lb.; premium quality (maximum of .35 of 1 per cent acidity). 49-4',ic lb.; valley routes and country points 2c less than first or lic lb.; second quality at Portland 2c under first or 4-4',4c lb. ; - ' , ' Cheese Selling prices to Portland retailers: Tillamook triplets. 28,sc lb.; loat 2',ic lb.; triplets Jo wholesalers, 26i c lb.: loaf. 27 lie lb. to.b. Tilla mook. - Eggs Price to producess: A large. 40c; B large, 37c; A medium. 37c; B medium, 34c dor. Resale to retailers, 4c higher tor cases cartons Sc higher. Live ' poultry Buying prices: No. 1 grade Leghorn broilers. lV to l't lbs.. 26c; over Hi lbs.. 26c; colored fryers Convert Wheat Into Produce Of Many Kinds ; " Twenty five carloads of wheat : have been ' converted into meat, . milk, eggs, wool and other war materials by Marion county's war lime "farm factory" in the past "six months, W. M- Tate chairman cf the county AAA committee, e . ported yesterday. V That's the amount of wheat de livered to county farmers under , the program to release wheat ' from the ever-normal granary for feeding to livestock and poultry, the chairman said. Orders ; lor feed wheat continue to pour Into .the county AAA office, indicating that an even greater volume of wheat will be fed during the com ; ing winter months. - - : . While the figures do not reflect the a mount of locally-raised Wheat that has been fed, Tate be lieves .that they do show that stockmen and poultrymen are feeding heavier to increase the output ' of war-needed products, and also that less wheat is being grown in the county, as growers switch' to production of more needed crops. Feed wheat is available locally at 94.5 cents a bushel at trackside, anywhere in the county. This price is based on recent action of congress to set aside 125,000,000 bushels' of wheat for sale as feed at 85 per cent of corn parity price. "With feed wheat available at this price, many county farmers are finding that they cannot af ford to grow wheat on land cap able of growing winter legume $eed crops," flax and other war crops," Tate said. v ' ? Fanners may order the wheat in carload lots,' or may pool orders- through the county office. r ; Dealers - also may obtain feed wheat for resale whole, cracked or in mixed feeds. Only requirement is that it must be used for feed. Commando Training for Rangers under 2'4 lbs.. 26c: 2' t to 4 Ibs 30c: colored hens, 23c, colored roasters, over los.. 30c; Leghorn hens, under 2'W lbs.. 19c: over 3V, lbs.. 21c: No. 2 trade nens, ac less; xso. a graae, juc less; roosters, iu-uc id. - Dressed turkeys Selling prices: New Crop, 33-3SC lb. Rabbits Average country killed. 30c lb. , Hay Selling price on trucks: Alfalfa. No. 1. 24.00 ton- oats-vetch, 18.00 tons. vaiiey points; umotny, vauey timothy, i3.uu ion. Onions Green. 55-60c doz. bunches: uregon cry. si.w-ijo; walla walla Yakima, $1.23 50-lb. bag; pickling, 16c Potatoes, new Yakima. 3.89-4.00 cen tal: local. 3-Z5-3 SO cental. Country meats Selling erices to re tailed: - Country-killed hogs, best butchers. 129 to 149 Jbs.. 20-21c: vealers. fancy Z3C lb.: ood heavy. is-19c lb rough heavy, 18c lb.; canner.cows. 12' i- 13c ib.; cutters 13-14C lb.: bulls. 16-I7c lb.: SDrine lambs. - 20-22c: ; yearline iambs, gooa, isc id.; ao heavy, 12-l5c lb.: ewes, s-sc ib v wool 1942 contracts. Oregon ranch. nominal .34-37C lb crossbred s. 40-42c 10. Mohair 1942. 12-month. 45c lb. Hops Seed stock. 1942 crop. 62c lb.; seeaiess, eo-7oc id. Portland Grain r r cf the American Bangers leaps from a 20-foot barrier i 1 pick tr.i rLle as part of the traiping being given these : . i 1 1.1 service soldiers somewhere ia Great Britain, the Rangers, 1 are been receiving instruction from British commandos, have -:i f '.: rl ttt rzrr.llzti c?erallass under .the command f Tke i. lxrl If !3 iraauttallen. Come cf the IUngers took, part la PORTLAND. Ore Seryt. 1 (API Wheat - Open High Low Close September .97 M SI M December 1.014 .1.03 1.01 1.03 Cash train: Oats No. 2 38-lb. white. zs.ou: oariey, no. 2 45-lD. bw. 23.50. No. 1 flax. 2.40. Cash wheat (bid): Soft White. 1.12; soft white excluding Rex. 1.16; white club. 1J6; western red.- 1.16. Hard red winter: Ordinary 1.03, 10 per cent. 1.07: 11 per cent, 1.10; 12 per cent, 1.13. Hard white Baart: 10 per cent, U5; 11 per cent, l.is; 2 per cent, Today's car receibts: Wheat. 11: bar ley, 2: flour, 2; corn, 1; oats, 4; mill- teed, 14. . Portland Livestock PORTLAND. Ore.. Sect. 1 (API CatUe. salable and total 200: hoes, sal able, 250; total, 500; sheep, salable and toiai, wu. Barrows and gilts gd-ch, 140-160 lbs. 414.2514.7S do gd-ch. 160-180 lbs 140015.00 do gd-ch. 180-200 lbs. 15.00(1555 do gd-ch. 200-220 lbs. 14.75 15.00 do gd-ch, 220-240 lbs. . 14.50 14.85 do gd-ch, 240-270 lbs. 1435 14.60 do gd-ch. 270-300 'bs. 14.25ttl4.S0 Feeder pigs: gd-ch, 70-120 lbs. 14.50615.50 Steers, gd. 900-1100 ibs. S13J0O14J5 do tned, 700 1100 lbs. - 11.00 13.50 do com. 700-1100 lbs. 9.00 11.00 Heifers, med.. 500-900 lbs. 10 00011.50 do com. 500-900 lbs. 8.00(10 00 Cows. gd. all wts 9.00010.00 do med, all wts. 8.00 p 8 00 do cut-corn, all wts 6.25 1.00 do can all wts 65 a 6-15 10.2311.00 Bulla yearlinim excluded) oeei, go, ail wts do sautage. gd. ail wts 10.00010.75 do med,. all wts do cul -com. all Vealers. cd-ch. all do eom-med, all wts . ao cull, all wts Spring lambs, gd-ch do med. and good Yearling lambs, tarn.-,,., Yearlinar wether. mf . m Ewes, shorn, gd-ch. do com -med 00 10.00 7i5(ii 900 14.0001530 9.00614.00 6.50 9.00 11.75612.00 10.25011.50 . 8.75610.00 8.006 9.00 2.75 430 1-50 3 JO Wool in Boston BOSTON. Sn 1 lint menu The- - Boston - wool market continued firm. Business was restricted largely to aomesuc wools on acroimt nf tt mil. tions ra government contracts. : Ad vances . were - registered in medium wools during the past week. Some sales Were hud n mrmAmA wm tng three eighths blood wool at $1.02- .r. wn m quarter Diooa at V4 cents, clean basis, Boston. Combining fleece wuuub ,wyr mi,mv m .i..n . . ,M the neighborhood of S2 eent for nu-. mint mi so cents sot tnree eighths blood, Boston. Foreign wools were uiacuvc. . , . Stocks and Bonds Serjtemh- 1 (Compiled by the Associated Press) BUND AVERAGES 20 10 10 Rail trulita ITMI luesoay S3J -103.4 96 J wcviuuj aajr m 103.S -lowui ago .s 103 5 Yer ago 63J 1OS0 1942 high . 65.8 ; 103.7 1842 low 59.4 102 S -rNew 1942 hih. STOCK AVERAGES 30 IS Net change n X D X Tuesday 52 1A Previous day 53 0 17.1 onin ago 52 8 ' 16 Y' ?? ------ 59.5 17.0 1942 high 56.0 17.1 W OW : 48.0 ' 14.4 96.2 102.1 100.6 93.6 10 Fgn 50.0 49. 49.4 46. 50.0 4U IS UU1 so Stka A .1 Unch 23.8 36 23.7 36 23.6 36 314 41. 27J 38. 21.1 32 Dr.Y.TXam. N D. Dr.G.thaa, N.l CI1A1.LAI.X CRIMESB -lerkatlsu -V 841 Nortk Liberty rpsUtrs Portlaad General Clectrte - winee pm Taesday ana Sat ray oaiy is a-a.- to 1 s-.m.; ta 1 pjm. CoasaluUoa, Blood pres sure and anna testa are free of eaarge. Practiced Since 1917. past few day because of unfa vorable weather. A private crop estimate, raising further the forecast , of spring wheat production," was generally ignored. Traders said the market had become accustomed to one forecast after another increasing the probable output Mrs. E. ' H. Miller, crop expert, placed spring wheat production at 276,000,000 bushels compared with the gov ernment's .'August 1 forecast of 257,000,000 bushels. : Seattle1 Population ; Growth Said Great SEATTLE, Sept l-(ff)-An esti mate of 617,354 population for Seattle and its suburban area was made Tuesday on the basis of the new city directory. The figure came from H. H. Wiseman, of R. L Polk and company, publisher of the directory. The increase' would be 136,127 from the estimate of 1941. V 5, ' r Portland Building Permits Increase . - i PORTLAND, Sept l-)-Port-land's August building'" permits totaled 724 for $2,345,080, a sLarp increase over the same month last Salem Market Quotations The prices below supplied by a lo cal grocer ar indicative of the dally market prices paid to growers by Sa lem buyers "but are not guaranteed by The Statesman: - ,. VEGETABLES California piuma, . apricots, peaches 250 crato Cabbage - - - xm Carrots, dns. 0 Cauliflower, crate 1.85 Celery, green 3.75-. Cucumbers, hothouse 1.00 Garlic. IS : Onion-, dry white 2.00 Onions, dry. red. yellow 8.50 Onion, g- .45 , ieas - .11 Poutoea. 100 lbs. No. 1 new Potatoes new " Radishes. - Turnips, beets ' ettuce GRAIN, HAV AND HEEDS . 3 09 . i4 .45 85 S0 (Baying Pricetl uats. No. 1 Feed barley Liover nay too AliaUa bay. ton Dairy feed, SO-lb Hen scratch feed ' Cracked corn wneat , 20 00028 00 -s. 24 00 28 00 13.00 bag IS 00 to 20 00 1.73 2.4S SO BUTTER. EGGS AND POULTKT Andiesea's Baying Price ' (Subject to change without notice.) , BUTTERFAT Premium ; ,. 1 0 N67 1 .48 ,4 No. 2 . " 54 BUTTER PRINTS year when : 580 were worth $1, 223,635. ; ' ; Bank clearings also were up, reaching $304,200,383, ' compared to $223,247,428 a year ago. . B Quarters - -EGGS .. Extra large, brown Medium Standards - Pullets Cracks POt'LTRT Colored frys ' ' ' Colored hens White Leghorn frys White Leghorn hens .4S AT A9 39 M J XX 20 21 Minos Creaa lerv's Ba-e Prices. I Subject to change without notice) . ' BUTTERFAT . '- Premium m No. 1 MM. No. 2 .45 EGGS ... -. -. , , .. f-ry- A v ' - - - : Medium A XI Large B 7 , Medium B r , . I3 Large dirty 21 Pullets ' - - 4 Checks, undergrades , t4 ." 21 21 22 J8 OS POULTRY Colored hers Colored fryers -Leghorn fryers Leghorn -hens Ola roosters -14o. 2 poultry 6c LIVESTOCK : " - ' - Buying prices for No 1 stock .'based on conditions and sales reported up to Spring lam os - 10.50 . Ewe .,-. 4.00;, Hogs, top 160-225 . . 14.25 Sows 12 00O12 5Q Veal, top 14.00 Dairy type cows Beef type cows Bulls Heifers Dressed veal BOPS: Buying prices. . 0 00 to S .60 . 1.00 to S.50 S 00 to 10.50 7.00 to 1.00 - 20 1S4S contracts: Seeded ' ,. Seedless WOOL AND MOHAIR Wool Mohair M M .tt .43 1 .Innnr-r Cope With The Unexpected'. . 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 oar dignified credit terms . . , For money ta n harry Stale Finance Co. 212-222 Guardian Bldg. Corner liberty A SUte ' i Telephone I16S Xie. 8-213 M-222 STOP POUTING, HOP VA tW326 AVIATION CADEt THE DOC ANO t lX VAi MARRkSAN NOW GO ON . ARE JUST OLD A1 lr4 ANP KEEP M . HOP HAHRIGAN THE NEW CADETS ARE WELCOMED i OUR. TASK HERE fS TO PREPARE MEN PHYSICAL-. AND MEKTALC and epiarruALY to become - MiUTARy AVIATORS. -ARABLE" OP veBVtk om tup 4Krr i-onmriC OP THE SERVICE fDLLOW INSTRUCTIONS f. SPEED AND ACCURACy . NARE ESSENTIAL '-i -. V TTpi UtVKV COCO STARTS WITH Afl.t. HAIRCUT THEN YOU REPORT TO CAPTAIN HOLCOM. THE MECMCO. HTSTOOSH WITH THOSJ . 1 11 60oo-svr WINSS A HVS IN N love wrm CI 1 - r if i r reVX- -OVBtMMSMT IMUC-AMM MUUUCnOH ?vwaM V. BARNEY GOOGLE 4 'S ?1 : .i1 MELLOf YOU'RE NEW HERE. ARENT YDU1 I JUST BOCJI?OViD A CUP OF iJK&(EU0! YWBE NEW OH! N IV UH...HLLO! ) a -- -- r iCtS Y 5UC7AK...I UVE ON THE j? ITT YmLr-O. NEXT para:.. WV i --rS&r i- imJ-" wMlK-i MICKEY MOUSE ' rMMlCKEYt I JUST -J &TAKTEC? WJKK.IN' HERE ON MB. BUMP'S -FAM TO HELP SPEED UP THE WAR r EFPORTI THE LURE Of THE AAUS1C tH I .ISNT A . . A I f THAT NICE? II f Y KNOW. WE FARMERS) HAVE GCTT A. AAlfUTV J BK5 JOS ON OUR HANDS! THE WHOLE WCW-CyS . t-r PEPENPIN ON US tFORIJ THXM5I-. THEATRE- tUHAT? X ODMPEHTTlOKlCl ABOARO THEy . . 5HtTy S5C-TS AWFULLY HKCJO str sure. .STNT L GEE,M35TBy.lNE-OW MAWY SWELL-LOOKUsf 8RDS BETORE I UKE S-t-lHS ESfOS V WTyEttAm& 0U!TI Aims 4 AMY KWD OF fXt 1 ft iXTrlCUGHT BROS WERE SW-IM'A-L j WCM5E AtAKES T-r I'LL-TAWE CAPE OP H that: MR.T2fflrz;kAr c? - W a ' . aiM -Jtl.,UU TRV AMW-r felTFR I --i i ,r r-T-f-r-s iXlMPLiirViKl-l K HWCC I CIS.' JAS SWEETLY y r r y-C7ro cm i J I G.r7,fZrftwSr&lrWxUnm'A - 9-2. LITTLE ANNIE EOONEY I ODNTKMOW TrUOVIM NOT RyETIAtALWa5 TALKIN An LAFrTM I GUESS I GOTUK CARTFUL OR IIL MAKE MRS. RANCE WFWX15.TD0 wi r3u:s5 vols? heart; CHILD .VOLTES Nd THE RR5T PERSON NYEAR5THATMRS. KANtE LIKco 10TAUC ID - FOK RTy sai nuvnflrp?jgr vygr? ' - a r - : hold on there, EvRyDN. mt potmmjo evy) v k- TTT9 JS - m. ..t , r mm Lkiiii.f l THE UDNE GANGER) THAT CX)G60N REDSKIN MLtoTVE GOT HJM OUT BY Tntf REAR DOOR, - - - m m a - -. i I rai l ca Ekr5L (Associated Press Telemat) Lcrrz hai:gti