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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Dec. 8, 1942)
Fieaiicial Gomarc PAGE EIGHT The OREGON STATESMAN. Salem ; OrogoO, Tuesday Morning. December 8. 1942 Farm! Markets Wheat Leads Grains' Rise - m - r Advance oi m is - Washed Out Later By Profiling CHICAGO, Dec 7-P)-Wheat led an early grain price upturn Monday' with gains of almost a cent a bushel but the market gave up its advance later as dealers cashed profits. Prices that were at or near peaks of the past two or three months attracted the profit tak ing. Wheat and rye are about 3 to 5 cents higher than six weeks ago, corn 5 to 7 higher and oats . 8" to 4 higher. Lagging flour busi ness also contributed to, the reac tion in wheat. Wheat closed , higher to lower compared wim oaiuraay, December $1.27, May $1.30; . 'ji. j i i a corn - down, December i 87 87 H, May 91-90; oats Va-Vz low er; rye unchanged to off and soybeans higher. . December contracts, on which deliveries are being made now, were strongest early in the day. December wheat was up as much as cent to $1.28 and Decem ber rye rose 1 to 71 before -, backing down. . Prices of wheat, corn and oats s were to 1 cent higher in the ; spot market, and although no wheat sales were reported, traders expressed belief that prices of top grades of hard wheat were a cent or more above the government loan rate of $1.32. Some dealers expressed belief . itiat lopislatinn alreariv nasd Hv the house and now before the . senate may affect grain prices. - If it becomes law, parity prices for wheat would be raised from - $1.37 to near $L54, corn from $1 . to near $1.12, oats from 62 cents . to near 70c and rye from $1.11 to . $1.25. ! Traders said this may re sult in raising the levels to which government officials would permit . grain prices to advance. It also would affect crop loan rates next year. Women Prepare Gift ; Packages For Service Men Gift packages of cookies and nuts for friends and relatives in the service we're prepared for mailing at the J. O. Darby home, Victor Point, Friday afternoon. Wrapping were Mrs. Louie Fisher, Mrs. Olga Foerfler, Mrs. Effie Morley, Mrs. .Vera Savage, Mrs. Ruby Jaquet, Mrs. Grace Eriksen, Mrs. Florence Doerfler, Mrs. Mae McElhaney, Mrs. Leon a H. Krenz, Mrs. Clarice Fisher, the Misses Anna Doerfler, Margaret Doerfler and Elizabeth renz; Diana Sitton, Mary Linda Doerfler, Gerald Dar- br. Weslev Darbv and the host esses, Mrs. Una Doerfler and Mrs. Bertha Darby. Cookies were donated by those present and also, by Mrs. Martin Doerfler, Mrs. Myra Fisher, Mrs. Eugenia Fisher, Mrs. Ann is Miller, Mrs. Christina Jones, Mrs. Joseph ine Yost and Mrs. Genevieve Mader. Extra cookies after the packages were wrapped were do nated to the USO. Luncheon was served by the hostesses, Mrs. Una Doerfler and Mrs. Bertha Darby. j i- Keizer Health Clinic Scheduled, KEIZER The annual Health Clinic, will be held at the Keizer school December 8.. The physical examination for school children will start at 9 a.m. and the im munization for diphtheria for pre school children at 1 p.m. The reason for added diphtheria immunization at this time is be cause this disease is definitely in creasing in the Unted States, ac cordng to " the Marion county health department. Dr. Stone will be in charge and it is suggested that . mothers accompany their children to the immunization clin ic beginning at 1 o'clock. California Woman Is Silverton Visitor SELVERTON Mrs. Wayne Roe (Hazel English) of Lodi, Calif, and her sriall daughter, Marlene, are guests of Mrs. Roe's parents, the W. O. Englishes. The visitors plan to ; stay, about two weeks. Mr. Roe is teaching a weling class In LodL . . . Lloyd English, son of the W. O. Englishes, is a pilot in the army air corps stationed at Albuquerque, km. - - . .... . . EIVaiAN...AM r Dr.Y.TXam J.D. Dr.G.ChasNX. CHINES- Herbalists 241 North Liberty ' rpstalrt Portland General Electric Co. Of lice open Tsesday and Sat nrday only 18 a.m. tm 1 p-m. ; 8 to 7 p. m. Consultation. Blood pres sure and arine testa are free of charge. Practiced Since 1911 3 , V .M aaav-y-- n i til i )im a Jhaaasa l n i mm i m "Strictly Private" 1 l (Ecus. n,iW''''fSfsSlV L DBA JHCM:- ecrvciR ieuee swhg cw urn OF TrtM rVSIRrSTHE4RW GNE At SO UR..J HCft ,)OJ ANT ABOttT A& "TOO MUCH. 5AJ3-A5E GOT TRlMSS XUXJED UP. . 4 P.S..WASH Avua; aimt ewe FCR. K.R TXJTy, AKXL Wife WhM hilim Salem Market Tha prices below supplied by a lo cal grocer arc indicative oi the daily market prices paid to growers by Sa lem buyers but arc not guaranteed by The Statesman: GRAIN. HAY AND SEEDS Baying trices) Oats. No. 1 28 00 30 00 28.00 27 00 1 00018 00 18.00 Q 18.00 reed barley, ton Clover hay. ton Oat and vetch hay Wheat Mi BUTTER. EGGS AND POULTRY Aadieseo'i Baying price (Subject to chance without notice i BUTTEKF AT Premium No. 1 No. 2 JH4 BUTTER PRXNTS A . .52 ',4 5114 3',4 .48 .41 .44 5 2i B Quarters' EGGS Extra large Medium Standards Pullets Cracks POULTRY Quotations at Produce Exchange PORTLAND. Ore.. Dec. 7 (AP) Produce exchange: nut--- Extrn - 49! standards 48 'A: prime firsts 474: firsts 4514. Buttcriat w-a . . r .... ini standards 42: medium extras 42; standards 38; small extras 30, stanaaras o. Cheese: Triplets ,; ioai . Portland Grain PORTLAND. Ore.. Dec. 1 (AP) Grain: . Wheat: Open High Low Close Dec. 1.14 1.14 1 .14 1.14 Cash grain: No. 1 flax z.w. Cash wheat (bid): Soft white 1.16; soft white excluding Rex 1.18; white club 1.18; western .red 1.18. Hard red winter: ordinary i.is 10 per cent 1.19: 11 per cent 122; 12 per cent. 1.24. . Hard white Baart: 10 per cent 122: 11 per cent 1.24; 12 per cent 1.26. Today's car receipts: Wheat 18, bar ley 1, flour 10. corn 3, oats 7, mill feed 9. flaxseed 1. Portland Produce PORTLAND. Ore.. Dec. "7 (AP) Butter Prints: A grade 52-52 ',4c lb. in parchment wrappers, 53-53 '4 c lb. in cartons; B grade 51-514c in parch ment wrappers 52-52 V2c in cartons. Butterfat First quality, maximum of .8 of 1 per cent acidity, delivered in Portland. 534-54c lb.; premium quality, maximum of .35 of 1 per cent acidity, 54' 4 -55c lb.; valley routes and country points 2c less than first or 52c; second quality at Portland 2c under first or 51',2-52c lb. Cheese Selling prices to Portland retailers: Tillamook triplets 31c lb.; loaf 32c lb.; Triplets to wholesalers 29c lb.; loaf 30c lb. FOB Tillamook. Live poultry buying prices; No. 1 grade Leghorn broilers, l's to 2 lbs. 26c; colored fryers, 2!i to 4 lbs. 29c; do 2-2 4 lbs. 26c; colored roasters, over 4 lbs. 29c: Leghorn hens under 2 ',4 lbs. 20c, over 3'4 lbs. 22c; colored hens 234c lb.; No. 2 grade hens 5c less; No. 3 grade 10c less, roosters 10c." Dressed tuurkeys selling prices: Country dressed hens 38-40c; parkers stocks, hens. No. 1, 4014c cash-carry; 41'. 4c delivered; large toms. over 20 lbs., 38c cash-carry. 39c delivered. Rabbits Average country killed 36c. Onions Green, 80-90c doz. bunches: Oregon dry 81.42-1.55; Idaho . large $1.48-1.65; Yakima $1.42-1.55 60-IB. bag; pickling 15c lb. - Potatoes Cash and carry prices: Klamath $2.74: Malin. fancy $2.74 cen tal: Yakima $2.55-2.59; Deschutes $2.89 cental: local $2.25 cental. Country meats selling price to retailers: Country killed hogs, , best butchers. 129-149 lbs. 20c; vealers. fancy 23c lb.; good heavy 16-19c; rough, heavy 17-20c: bulla 16', 4c; lambs 22-23C lb.; ewes 10c lb. Wool 1942 contracts, Oregon ranch, nominal 34-37c lb.; crossbred 4042c lb. Mohair 1942. 12-month 45c lb. Hops - Seed stock 1942 crop $1J6 lb.; seedless $1.50-1.60 lb. Hay selling wice on trucks: Al falfa No. 1 23.00-23.50 ton; oat. vetch. 16.00 ton. valley points; timothy i.oo; eastern Oregon 23.00 ton; clover 16.00 ton. ,4 Portland Livestock PORTLAND, Ore, Dec. f (AP) (USDA) Cattle: Salable 1000. total 1150; calves salable and total 100; mar ket active. r mostly 25-50 - higher; around five loads good fed steers 14.00-50: grass steers largely 12.00 13 25; common grades downward to 9 JO;; short fed heifers 12.25-50; grass era 10.50-11.50; tommoB dairy heifers down to 8.00; cutters down to 7.00; canrier and cutter cows 5.00-8.50; good beef cows 10.00-75: medium to good bulls 9.50-11.25; common grades down to 8.00; vealers strong, good grades 14.00-50; grass calves 10.00-12.00. . Hogs: i Salable 2000. total 2200; 11 decks, arrived late, not shown; mar ket active. 10-15 higher: good to choice 170-215 lbs. mostly 12.75; . odd lot drive ins 13.85: 230-300 lbs." 13.00-25; lirht lights 12.75-13.00; food sows 350 550 lbs. 11.75-12.25; choice leader pigs 88 lbs. 14.25. Sheep: Salable 800. total 2800; mar ket active, fat lambs 25 higher, some AT FIRST SIZH CF A 66 TABLETS. SALVE. tlZSi DXCP5 By Quinn Hall Tjr. S. ARMY. Quotations Colored fry . , , Colored hens White LeKhorn frys s-a 22 23 Marlon creamery's Bning prices. (Subject to change without notice) EGGS Large A Large B . .44 Medium A . .41 Pullets - Checks 2 POULTRY Colored frys , Colored hens , Leghorn fryers Leghorn hens No. 2 poultry 24 and 28 22 24 18 and 20 5c less LIVESTOCK Buying prices for No. 1 stock, based on conditions and sales reported Spring lambs 12.00 to 13.00 Ewes - 3.00 to 3.50 Hogs. top. 160-225 lbs. ...... .- 13.75 Sows 12.00 to 12.50 Top veal. 215-400 lbs. 13.50 Dairy type cows 8.00 to 8.50 Beef type cows 7.50 to 9.00 Bulls 8.00 to 9.00 Heifers . 8.50 to 9.00 Dressed veal 21 Portland medium grades 50 up; good to choice wooled lambs 135-75; medium grades 12.00-13.00; good feeders 10.00-50; odd yearlings 7.00-8.00; good ewes 4.00. Wool in Boston BOSTON. Dec. 7 ( AP) ( USD A ) Purchases of British-controlled wools were made both in Australia and South Africa under the new price schedule issued last weekend by the British wool control board. These new prices reduced the cost of these wools about four cents a pound on a clean basis. Sales of defective 12-months Texas wools were reported at a clean price of $1.12 to $1.14. Stocks and Bonds STOCK AVERAGE Compiled by The Associated Press December 7 30 15 18 60 Indus Rail CJtil Stks Monday 57.7 17.4 26.3 39.8 Previous day . 57.9 17.9 26.3 40.0 Month ago 58.5 18.9 tt.2 40.8 Year ago 57.4 15.8 29.7 40.0 1942 high 58 J 19.7 27.5 40.8 1942 low 46.0 14.4 21.1 32.0 BOND AVERAGES 20 10 10 Rails ndus UtU Monday 63.2 103.5 97.5 Previous day 64.0 103.5 97.5 Month ago 65.5 103.8 98.0 Year ago 62.5 105.1 100.6 1942 high 662 103.7 100.6 1942 low 59.4 102.6 93.6 10 Fen 52.8 52.7 51.8 52.3 53.3 41.5 Fellowship Group Holds Conference LYONS The Fellowship group held a party at the community hall Thursday, Present were Char lotte Burk, Betty Jean Bodeker, Elaine and Evelyn Clipfell, Lu cille Mulkey, Beulah Lewis. James Nye, Leland Manning, Howard Naue, Donald Huber, Robert and Donald Cornforth, Kenneth Lew is, Billie Ayres, Jack Anderson, Eldon, David and Ernest Weit xnan. ! ' ; Members of the board of educa tion and .workers council of the Lyons ; Methodist church met Thursday. Rev. Roork was in charge. Committees were named to take charge of the Christmas Droeram. Present were Rev. nnrl Irs. Roork,: Mr. and Mrs. 'Carl Reid, Mrs. Douglas Gavette, Mrs. Alex Bodeker, Mr. Wallace Pow ers, Mrs. Cory, Mrs. George Clip fell, Mrs. Roy Huber, Mrs. Clyde Bressler and Paul Johnston. Farmers Union News DAYTON Fanners union unanimously reelected all 1942 of ficers: President, Joe Owens; vice president, Louis Gross, who is the Dayton union high school agricul tural teacher; secretary-treasurer, Roy Owens. Installation of offi cers will take place in January. UarJcd! ffchds, Filicrb i lid Ilcils Highest Cash Price IZcrrb Ilkrfcin Pccl: j Co. - . S9 North Front Street Telephone 7633 Wall Street Day 'Foggy' Rails Lead Moderate Retreat, Scattered Favorites Climb NEW YORK, Dec. 7-i)-Ras led the stock market on a mod erate general retreat Monday al though scattered favorites man aged to contest the trend with fair sized .advances. Carriers were depressed from the start by the move to get the interstate commerce commission to cancel freight rate and passen ger faret boosts granted earlier in the year as an offset to wage in creases. . The growing outlook for a rel atively long war stemmed buying in the peace group although most of the recently soft armament is sues failed to revive to any no ticeably extend. Selected stocks were propped by earnings and dividends prospects. Tax offer ings remained on the light side. The list slipped at the opening and closing decline? running. to a point or more predominated. The Associated Press average of 60 stocks was off of a point at 39.8. This was the exact figure re corded by the composite on De cember 6 last year, the day before CAPTAIN. THEVRC NOT ENOIM6 ME to cof&xr unit m to te tcanr UfM VU rue OMtM ONE BEEFIW6 ABOUT THHT. R.VIN& AN INTRUCTDR.' DO tfOLI A PACK OF 6QUIRTS HOP HARRIGAN mom guessed rr BARNEY GOOGLE BELIEVE MEV MJNNIE'P BETTER BE EEAPY TONIGHT.' TtA GETTIMO OF BEING LATE EVERT PA.CE WE 50 MICKEY MOUSE L TAKE XTAUP ITOPPII 'A GP THIMBLE THEATRE LITTLE AICnE ROOIiEY you wo yxii? share - S ItiMUliL J KMOW1MG 6MUDGE WA5A Si U FRIGMTEMED HIM WTD CDMFE5SlWj4f IT1 (JCOfTI ilfe TES LOIS Ai;G3 c the Pearl Harbor blast. 'Monday's dealings" were com paratively sluggish, transfers to talling 494,540 shares against 530, 033 in the preceding 5-hour stretch. -. ' ' ;. Despite the general backward ness of the market, there was a handful of new 1942 highs. Among these were Philco, Zenith Radio and Eastman Kodak. Prominent rail losers Included SANTA FE, PENNSYLVANIA, Southern Pacific and Great North ern. :-i ;' l On the offside elsewhere were Bethlehem, ..General . Motors, Chrysler, Anaconda, , Kennecott, General Electric, Woolworth, Standard Oil (NJ), Glenn Martin, Goodyear and . Union Carbide. Modest advances were retained by Standard Oil of Ind, Phillips Petroleum, US Steel, Montgomery Ward, Boeing and J. O. Penney. Railway bonds weakened. Woodburn Gty' Council Adopts Two Ordinances WOODBURN The Woodburn city council voted two ordinances for the assessment of costs in con nection with the improvement of Gatch street and Hardcastle ave nue. The council also acted favor ably on four applications for re newal of beer licenses. They were George's place, N. Becker and Son, Tom Renn and Mike Perd- V There were no other -applications. NOT RE IN A THUNDERBOLT.' THE LAVTMAKER$ ' m 1 &OT A JOB HERE.. A SHAVETAIL 1ACMlltf OTUEM TMIN 6HAMOR: BOVG -TO WIN GUDR.V' VOU YOUNG TEACH 'E FOR. THE OREATER. &LORV OP THE UNITEP STATES tO Ff ? OF AMERICA AND HER PH.MV -OR6I -mv take rr. rr YYM --4i )-H 1 WHV.VES. II s SO WHAT! SOT M if WELL. PONT TELL 1 V iLXTA i m nl rT?; l II liu V II I TOLD VOU DSTlNCTi I I HC i ttrr yjru io I -t iu..- iij i :tii rriwr- n w -l i i i a i ------ - w r-- wv ww rw wp-, I B I I WHAT? Ill II I LT TORCK YOU- RA.TES M.XEPf T1(2EC X 1 I LA. I L er.., I -1111 I W rWWJ UT A.I II THACT'S yl rrr ftr r ii3-2r'i i 7 AC PLAN FRIGHTENED HIM 60MUCM irSCRAAABLEO HIS BRAIM5 NOW HE CAM REMEMBEC EVEKYTHiNG EXCEPT WHECE WE CAM LKik I REFUSES TOJ HC SHOWCP MC. A LETTER THW V Wlffl KC MD W WEJTTEH EV EWXV Jf LQTBl BARLOWj " " A?yt ' "'rsn.T' , ,i n, I Hops Under . Price Control Maximum Dealer Prices '-. Average Prevailing For Last Seven Days " Pacific coast hop crops for 1942 and proceeding years were brought under price control, according to information received from OPA fficers by the Oregon Hop Con trol board. .-.-' The maximum dealer prices set for the 1942 Pacific coast hops Is based on the highest price pre vailing November 30 through De cember 3, 1942. The 1943 crop Is not affected in the present order although it is stated "further stu dies are to be made of the hop industry looking toward a more permanent regulation which will impose price controls on ihe 1943 and succeeding crops. . . Only i small portion of 1942 crops remain in the growers' bands on the coast and. just what figure In dollars - and cents per pound the new ceiling price is on ' this year's crops remains a matter of speculation., ' . One authority said a sale has been made . as high as $1.65 a pound daring the period from November 30 to December 3. The press release cites recent prices of from SL5 to S1.35 a pound. , . . During . the first SVs - months J6&tN' BUT. WEVE OlG JOB TO BE THE GRIND, AND TO fKtX I WILU ALLIES f HEAVENS II 2RRR hAIAlEj f ghosts m 57 LOOK AT A-r rJtl ii 2. n k tiirvic-TDT-a J-Rirr p TXACy THAT EVEEYTHING LOCKED IMA FIND THE LO GREEN DOX T 7 BABY r 7 WtRfi. GOH3TO WVESTIGATtTHS J . GAMS THAT'S WORWfiS ? of 1942 the release says the j highest price ; to growers was SI, cents per pound. At any rate, the release states, "Pro ducers' returns win continue to be well above parity as wen -as above prices existing between January 1 and September 15, 1942.,. . . v. v.-- . . Set prices from carry-over hops guarantee to the Pacific coast grower 38 cents per pound on the seeded and 40 cents per pound on the seedless hops. Growers cooperatives and grower-dealers are allowed : 43 - cents per pound for the seeded and 45 cents per pound for the seedless, or 5 cents above levels of the individual growers. . y "Dealer levels are lifted an other 5 cents per. pound from co operatives, or grower-dealer prices and brewers supply dealers ' are permitted to sell at a further ad vance of 5 cents. The new set prices on hops grown on the Pa cific coast previous to 1942 fol low all prices being f.o.b. sellers place of business: 7 (a) For sales of regular seeded hops by growers, 38 cents per pound. ; ' I (b) For sales of seedless hops by growers, 40 cents per pound. (c) For sales of regular seeded hops -by grower-cooperatives or grower - dealers,; " 43 cents per pound. i (d) For sales of seedless hops by grower-cooperatives, or grower-dealers, 45 cents per pound.' (e) For sales of regular seeded . Hg gIGHf. HOP UN GOODNESS, TANK. AND MIS6 SNAP IS RIGHT BUT I'VE GOT A j WE MUST GET HOAAE. - ,..-.-,,,- FEEL4N THEY'RC X HAWE A PREMONtTlON J ifffZWiyS A$3.'Sl COOKIN' UPA X THAT HIPPTTVIS UP THOSE GUARDS TRE J FtGHTIN'FROUC TO SOMETHING THAT fca-v I PROTECTING THE FOR VOU 1 G-RRV CANT COPE -l MllfTAR CRTS IN s -V wrrH ffyj .A. Twrr hangar' yoo must i ; -:ia 1 f I y - PUTITOM! PUT iM'A mm ARE you positive: TELLS KJ CANT FIND WE WISH A TRACE SMUDGE THE LITTLE LITTLE GREEN A AAJk 7V - ifc&fx 7 AWXy hops by a dealer, 48 cents pet pound.: , (f) For sales of seedless hops by a dealer, 50 cents per pound. g) For sales of regular seeded hops by a brewer supply dealer, 53 cents per pound. - ' (h) For sales of seedless hops by a brewer supply dealer, 55 cents per pound. -J v. 1 Cope With The Unexpected V. With A Personal Loan Come to us for cash , to meet those un foreseen bills. We will extend a loan to you, promptly. , Find out about our dignified credit terms ... For money In a hurry see Slaie Finance Co. -212-222 Guardian Bid. . Corner Liberty SUte Telephone - 8168 Lie. 8-213 M-222 PUT ITOM! J5 x IT ONJTs 12-8 XM posmvEiy POSITIVE X SAW HIM A ClXIFLA WEEK'S AGO SNEAKW OUTA HIS HOUSE AN' HAD BOX HIDING A LITTLE GREEN BOX UNDER HIS COATr? fl rrTa3kimIA sj r A . U--- - y bb I sr mm ' . r s mm " m r m s m a - a w ' a t m n i . . L iPlTVk "lr-a ki&2J