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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Dec. 19, 1942)
Markets Coin Farm i - - - " - - ' " " ! j. PAGE EIGHT I I ' . . ' . ; . T OBEGON STATESMAN. Salem Oreoon. Saturday Morning. Dtmba 19. 1942 , ; " - r 1 ... - . : - 1 . - Profit Gashing Curtails Gains - 4 -- I"----."--'"-. - ' "-: r . - v --. - Many Stocks Reach Year's Peak; AP Average Sticks NEW YORK, iW 18 (JP) Many stocks again hit new peaks for more than a year in Friday's market, which topped the million-share I figure for the second session in a row, but profit cash ing on Thursday's big rally halted the rise for numerous leaders. , The Associated Press average of 60 stocks was unchanged at 41.3. It was the second broadest market of the year, 912 issues be ing traded against 913 in the pre vious session. Of these, 388 were up, 277 down and 274 without change. Transfers totalled 1,088, 294 shares compared with 1,307, 730 Thursday which was the largest since last December 31. On the j upside, a number of which were in the new high divi sion, were ; Deere, Oliver Farrri, Westinghouse, Dow Chemical, Al lied Chemical, Sears Roebuck, Montgomery Ward, Norfolk St Western, S perry, Texas Co., Ana conda,) international Nickel, Wil son & Co.,: Armour, Cudahy, Par amount Pictures, Eastman Kodak and Yellow Truck. Losers f included US Steel, Youngstown Sheet, Goodyear, Goodrich, J. I. Case, Caterpillar Tractor, Boeing, United Aircraft, American Telephone, Consolidat ed Edison, Cerro.De Pasco, Gener al Electric, Du Pont, Johns-Man-ville, Owens-Illinois, J. C. Pen ney, Santa Fe, NY Central and .Pennsylvania. Wheat Attains 5-Year High CHICAGO, Dec. 18 P) En larged buying orders coming from mills and professional traders Fri- '"day lifted wheat prices almost 2 cents a bushel to the highest quo tations posted here since 1937. In the spot market, although no sales were reported, best grades of hard wheat were quoted around $1.42 and soft red was about $1.53, a new high since 1928. The buying was stimulated by sharpened demand for cash grain due to the fact that farmers are holding back a record supply un- " der the government loan program, "by efforts of many dealers to buy flour whereas " millers are selling only limited' amounts because of 'the ceiling, and by reports that "the flour ceiling may be revised. The resignation of price admin- istrator Henderson was regarded - as significant in view of the ceil ing situation, and many traders took this as a cue for buying. The day's high prices were post ed soon after the opening. Wheat later reacted about a cent at times due ., to - profit taking but closing quotations were 1-li cents higher than Thursday, December $1.35, May $1.36. Legless Pilot Sent to Fight LONDON, Dec. 18 (JP) Legless t 22, Pilot Officer Colin G. S. Hodgkinson was . assigned Fri day to a frontline fighter squad ron by the air ministry. ; He lost his legs three years ago In a crash while blind flying. His determination to fly again finally won out and he was fitted with special steel legs and returned the fleet arm. After flying with the fleet several months, the ad miralty granted his request for transfer to the RAF. Hodgkinson is the first legless pilot in the RAF since Douglas Bader was captured by the Germans, who shot his plane down.- ' Hodkinson was a rugby player and was three times champion of the Panbourne nautical college. Despite his handicap, he still dances and plays golf and squash. Mt. Angel Flax Plant Calling Stock- Shares MT. ANGEL The Mt Angel "flax plant Is calling In Its pre ( f erred stock for payment in foil ' with" interest for the past year. ' The certificates are te be pre sented to the office of the asso- elation before January 1, 1943. The stock,- amount to $9509, was sold when the flax retting and scutching plant was ' built here In 1936. Most of this was' Mld In one- and two-share lots amounting to $50 each. TVhtr the advent of the war, the Willamette valley has proven to be the nation's . only source of flax fiber and the Industry . has progressed, even beyond the greatest hopes f the flax men. : Uasicd! -Uckds, Filicrb Highest Cash Price - Elcrris Elsrlcb 4C3 North Front Street Telephone 7633 Strictly Private" 'HUTS L A I A lODtf I tmWG It, it) THE. C0L0HU. C0WE. &ST..I C00LD VAZ. EW WaW6tt) TVtM THE. SAR5E tONTCD AT iWL.-TDKlGHT I AM WA VJ0RWEO Oduld a couxm. fee. Www Inhm Portland Grain PORTLAND, Ore, Dec. 18 (AP) Gram: Wheat: Open High Low Close Dec. . 1.18 1.18 1J8 1.18 Cash grain: No. 1 flax 2.40. Cash wheat (bid): Soft white 1.20; soft white excluding Rex 1.22; white club 1.23; western red 1.23. Hard red winter: Ordinary 1.20; 10 per cent .1.24. 11 per cent 1.26; 12 per cent 123. Hard white Baart: 10 per cent 1.29; 11 per cent 1J1; 12 per cent 1J4. Today's car receipts: Wheat 24. bar ley 5, flour 4, corn 4, oats 1, millfeed 6, flaxseed 1. Portland Produce PORTLAND. Ore.. Dec. 18 (AP) Butter Prints; A grade S2-S2Vc lb. in parchment wrappers, 53-53.C in car tons; B grade 51-51 ,ic in parchment wrappers, 52-52'2C in cartons. Butterfat First quality, maximum of .6 of 1 per cent acidity, delivered in Portland. 53li-54c lb.; premium quality, maximum of -$5 of 1 per cent acidity, 54',-55c lb.; valley routes and country points 2c less than first or 52c; second quality at Portland 2c under first or 51',a-52c. Cheese Selling price to Portland retailers: Tillamook triplets 31c lb.; loaf 32c lb; triplets to wholesalers 2c lb.; loaf 30c, FOB Tillamook. Eggs Prices to producers: A large 46c; B large 40c: A medium 40c; B medium 36c doz.; resale to retailers 3-4c higher for cases: cartons 5c higher. Live poultry Buying prices: No. 1 grade .Leghorn broilers l',i to 2 lbs. 26c; colored fryers 2,i to 4 lbs. 29c; do 2-2Vi lbs. 26c; colored roasters, over 4 lbs. 29c; Leghorn hens under 2i lbs 20c, over 3',i lbs. 22c; col ored hens 24c lb.; No. 2 grade hens 5c less; No. 3 grade 10c less; roosters 10c lb. ' Dressed turkeys Selling prices: Nominal. Country dressed hens 38-40c; packers' stocks, hens No. 1 40l,ic cash carry, 41 'ic delivered; large toms over 20 lbs 38c cash-carry, 39c delivered. Rabbits Average country killed 36c lb. Onions Green, 75-80c doz. bunches: Oregon dry $1.42-1.55; Idaho large $1.48-1.65; Yakima $1.42-1.55. 60-lb. bag; pickling 15c lb. Potatoes Cash and carry prices: Klamath $2.74. Malin. fancy $2.74 cen tal; Yakima $2 55-2.59; Deschutes $2.69 cental; local $2.25 cental. Country meats Selling price to retailer: Country killed hogs, best butchers. 129-149 lbs. 20c; vealers. fancy. 23c lb : good, heavy 16-20c lb.; rough, heavy 19-ZOc lb.; bulls 17ic lb.; lambs 22-23C lb.; ewes 5-10c lb. Wool 1942 contracts: Oregon ranch nominal 34 -37c lb.; crossbreds 40-42c lb. Mohair 1942. 13-month, 45c lb. Hops Seed stock. 1942 crop $1.16 lb.; seedless $1.50-1 60 lb. Portland Livestock PORTLAND. Ore., Dec. 18 (AP) (USDA) Cattle: Salable 50. total 125; calves 10 and 50; odd head sold steady but market mostly nominal; week's best fed steers 14.50: top fed heifers 13.50; good beef cows up to 11.25; canner-cutter cows closed 6.00-8.00; medium-good bulls - 9.50-11.25; good choice vealers 14.50-15.50. . Hogs: Salable 50, total 200; market steady but mostly nominal; week's supply light weight drive-ins mostly 14.00-10; carloads to 14.35; good sows 11.50-12.00: choice feeder pigs quot able to 14-50 and above. - Sheep: Salable 25. total 100; market nominal; - week's bulk good-choice lambs 135-75; late top slaughter ewes 7.00. . -. Wool in Boston BOSTON. Dec. 18 AP) (USDA) The . auction sale of Australian wool was again well attended with prac tically all dealers and manufacturers represented. Bidding -was very active and all of the -wools offered, up to the present totaling 2,000.000 pounds, were sold at prices ranging on a grease basis for three cents below ceilings to ceilings. Stocks and Bonds r i t December 18 -Compiled by The Associated Press STOCK AVERAGE " .1 30 15 15 60 Indus Rails UU1 Stks Friday -SO- 17.8 28.7 - 41- Previous day 60.1 18.0. 26.S 41 Month ago 57.5 18.3 27.0 40.1 Year ago 52.7 13.7 13-' 36.0 1942 high .60- 19.7 . 27- 41- 1942 low 48.0 14.4 21 J t 32.0 BOND AVERAGES ......... 20 -10 10 10 1 ! Rails Indus Util Fogn Friday J Previous day Month ago Year ago 1942 high 1942 low .64J 103.4 64S 103.4 .64.5 103.5 .59.0 103.S 97.8 53-87- 53- 97.9 - 53 99.7 -41- ..66- 103.7 100.8 53- .59.4 . 102.8 93.S 41- Hop Offerings' , See No Takers . : . " IRTLAND, Ore; Dec 18 Wl Hop transactions were non-existent during the past week, the de partment . of agriculture reported Friday, i - . . Dealers effered 6S-70 cents per pound for 1943 futures but there Quotations at Portland By Quinn HalJ HUA lR I HIM. MC H16H SCHOOL. frfe SKIS Salem Market Quotations The prices below supplied by a lo cal grocer are indicative of the daily market prices paid to growers by Sa lem buyers but are not guaranteed by The Statesman: Carrots, doz. bn. , ,., . , . .70 Cabbage, crate 3.50 Spinach, crate ., ,r 2.00 Turnips, lb. Curly kale, crate Celery, doz. bun. . Parsnips, lb. GRAIN. HAY AND SEEDS (Baying Prices) Oats. No. 1 32.00 30.00 32.00 18.00 Gi 20.00 18.00 to 20.00 .97 Feed barlye, ton Clover hay, ton . Oat and vetch hay Wheat BUTTER, EGGS AND POULTRY Andiesen's Bay tag Price (Subject to change without notice.) BUTTERFAT Premium .55 ',i No. 1 .54 ',4 No. 2 -Hi BUTTEB PRINTS A 32M B Quarters EGGS Extra large Medium Standards Pullets Cracks POULTRY Colored frj - 3A-3 Colored hens . .22 White Leghorn frys 3.X Marion Creamery's Bntng Prices. . (Subject to change without notice) EGGS Large A .48 Large B .44 Medium A .41 Pullets 5 Checks M POULTRY Colored frys Colored hens 2K and .27 n Leghorn fryers Leghorn hens No. 2 poultry 2 18 and 20 9c less UVESTOCK Buying prices for No. 1 stock, based on conditions and sales reported Spring lambs . 12.00 to 13.00 Ewes 4.00 to 6.00 Hogs, top, 160-225 lbs. 14.25 Sows 12.00 to 12.50 Top veal. 215-400 lbs. 13.50 Dairy type cows 6.50 to 7.50 Beef type cows 8.00 to 10.00 Bulls , 9.00 to 11.00 Heifers Dressed veal 9.50 to 10.50 1 Prune Juice Price Ceiled WASHINGTON, Dec; 18 ) The office of price administration put canners' sales of prune -juices and pxuns concentrates . under a specific price ceiling Friday, . at levels "somewhat higher than those which have been in effect." Under the general 1 maximum price order, each canner's price for concentrates was pegged at his highest March level. The new price will be the average March figure plus 6 per cent, plus the actual increase in the cost of the dried prunes used in the concen trate. The same farmula will be used for prune juice or- other prune products,-except that an in crease of 8 per cent instead of 6 per cent is allowed. j ; J There will be no immediate ef fect on retail sales, but OPA said it expected later to allow retailers to pass on the exact dollars-and-cents increase to their customers. Apple Produces9. Ceilings Revised ; , -. SAN FRANCISCO, Dec 18 I Canners and growers in , ' the aoijjo sirj Xq pasAp9 aaaM )ssm of price administration Friday - of revisions In ceiling price- regula tions covering dried and canned apples, and apple products. No immediate retail price effect was expected. . 'The revision. .brought a number of new apple products under spe cific regulation at the processor's leveL and changed the -, pricing formula where glass had been substituted for - tin. ' " A maximum price of 16 Ya cents a pound was established for rings, quarters, or slices of eastern ap ples lower - than grade C and of 7H cents for chops. Various types of apple juice, cider and apple syrup also were brought under specific ceilings. Other, rulings set a price f ormulat for vinegar -4 Lamb; Mutton Sales Given eeUings WASHINGTON, Dec 18 . -AP) The office of price administration Friday night placed wholesale and packer sales of lamb' and button throughout the country under spe cific maximum prices. v : Generally," these wholesale prices were slightly lower than existing quotations, except for slightly ' higher price allowed in San Francisco, Chicago, N e w York, Philadelphia and Boston be cause of abnormal price situation in those cities. - -w - For the present, no change was made in retail prices , of lamb, for which the ceiling is the high est price which - each butcher' or store charged between July 27 and July 31 OPAJ1 warned, however, that this may be changed. -. On mutton retail prices will be increased three cents a per pound. Base of the stew lamb and mut ton wholesale prices will be a spe cific schedule covering cones 2, 3 and 4 which comprise rough ly the middle west and .mountain states. . In these zones the ceiling price for lamb and mutton carcasses, found dressed, pluck out, per 100 pounds, follow: Grade AA lamb, $26.50; grade A lamb, $25; grade B lamb, $23; grade C lamb, $20.75; f A ME5SERSCMMITT rLL NEVER REACH MY PLANE KM TIME STOP HlMf HOP HABBIGAN BARNEY GOOGLE I'AA T1-P OP THAT FOCEVJCXUM RPNG AAE POR: B&IKK3. SLOW? I'M MICKEY MOUSE THE "BLAST RUINED OUR QUOOER.BUT 0)E LUILLTLOftT THIMBLE THEATRE- TELL ME, AWNIE-HWE YOU f WOTICED VEB8YHAS BEEN I ACTING VTKV QVRAMGEVfiX FOR THE. LAST FEW P4S ij I-AM V i.Mnmm VtfS4. W-Y id , 1 LITTLE ANNIE ROONEY 15&J Q -VcO- V9C0S utt 1 3-.wos teay evw 7 SHOW Ttssr HER SOME: 2- 6KEE3rT HV PS ) : i BtLEN, v5hTT Vflf MURPEREP LAST ,-----f tOT MEAM J - iTn I a ... I Radio Programs (Continued from Page 4 S :19 Orsutallttem. ' 9:30 Back Homo Hour. 10:00 News. 10:15 Dream TUB. . I KALB MBS SUNDAY K S:00-.WesIey Radio Iu. - SJ0 Central Ctourch tx Christ. S:4S News. -94)0 Detroit Bible Omm. Musle for Sunday. 104)0 News. 10:15 Romance of tno HI-Ways. . 100 Canary Chorus,- j 114aPilsTlm Bour, ' ' -IS 4)0 People's Church. I 124)0 AU Star Parade. ! -1240 News - ' . t 12:45 Hancock Ensemble. 1 4)0 Lutheran Hour. 1 JO Young People's Church.' i -2-00 Swediaft Baptist. 2:15 Upton Close. 2 -.30 Portland Btblo ClaaMS. 34M First Nichtcr, 3 JO Anchors Aweigh. 44)0 Newa - 4:15 Invitation to Waltz. 4:30 Stan and Stripes In Britain. 54M American Forum. . ' S:4 Gabriel Heatter. , : ' 6O0 Old Faahloned Revival Hour 74)0 Around the Clock. . , " 7:15 John EmmeL 7 JO This Is Our Enemy. S 4)0 Hinaon Memorial Church. 9:00 News. 9:15 Voice of Prophecy. 9:45 Sunday Serenade. 104)0 Wings Over the West Coast. 10 JO News. 10:45 Horace Heidt Orchestra. , grade S mutton, $13.75; grade M mutton, $12.50; grade R mutton, $11.25. In zone 1. the west coast, prices will be $1.50 higher per hundred weight than in the base area. MPPlTYl NO 7 '"Ywf.'VV WdB All A-- C. fa ".n AHH, THE a ujuat A r-As I'LL BET-I'VE. TOPPED ALL RECOirPSw'Y POOEVf WHO CAT5E IT ALSO eXBOUTA'RUOOeR? ALL OUR UJcXL&B eLL- RUHT IF LUt JuAd DOMT VOU W0R&.AKR5 RAAlCf.EVECy. MINUTE 6HE15 THINO'S ZUfoT. 13 HE BEST rWEWtJI HANEZ, IN I HE WORLD By THIS .KNIr-" tTH BACK Hit 3; B.KX NBC SUNDAY II M Kfe S-00 Soldiers of Production. ' j S'30-Josef Maxals African Trek, 94)0 The Quiet Hour. 9JO Tho Woodahcddera. 104)0 Horace Heidt Review. 105 Newa.' 11 4)0 Speaking of Glamour. 11:15 Coast to Coast on A Bus. 124)0 John W. Vandercook, News. 12:i w a ice up America. 14)0 National Vexpers. 1 JO Easy Ustenins. 24)0 Grandpappy and His Pals. 2 JO Musical Steelmakers. 34)0 News -."'! 34)5 Britain to America. 3 JO Metropolitan Opera Audition. 4:00 Chaplain Jim. 4 JO To the President.-' 5 4)0 Christian Science Program. -5:15 Edward TomUnson. ' 5 JO Stars from the Blue 5:45 Drew Pearson. 4)0 Show of Yesterday and Today S JO Inner Sanctum Mysteries. 7:O0 Good Will Hour. S.-0O Earl Godwin, News. S:15 Jimmie Fidler. SJO Quiz Kid. 94)0 Ambassador Hotel Orchestra. 9 JO News. : 9:45 Edge water Hotel Orchestra. 95 News. 104)0 University Explorer.. 10:15 Dorothy Thompson. ' 10 JO The Quiet Hour 114)0 Melodies for Uncle Sam, 11 JO War News Roundup. KOIN CBS SUNDAY t7 KC 04)0 News. - 6:15 E. Power Bigrs. S:45 Columbia Concert Trio. 74)0 Church of the Air. 7 JO Wings Over Jordan. . S4)0 News. . S 4)5 West Coast Church. S JO CooUdge String Quartet. 9.O0 News 9:15 Woman Power. 9 JO Salt Lake Tabernacle 104)0 Church of the Air 10 JO Invitation to Learning. 11 4)0 Those We Love. 11 JO News TUP BUS a nir kronf TUAT hi ATI r THANKS f W - jri-s-, a SCR-EH vi SOU URH Jlr ) I r mi JON l- . ,7ZJ "rf". A' HOW MAWV PlO SOU INSTALL UJIPEO OUT (DE - ARB FOOD-EVERVi FOODUSSS THIN61 IS HOWESTAN' 15 CRVW 'AN CSZYIHG JDEB8Y SO HAPPY ACTJN WNtXA IfAWYTHJMG Sai 7W"kjwwi( V TWO 4 rf&r- B-T t S ff . T . a A M z: SECRET 8UTSHETL'TELL VOU . r7- j xBOUTtT PRETTY) n 5QOU NO t WCW U ; 1 VMT. IT, kM TWICWG; HE.IS---. 124)0 New York Philharmonic. 11 5 Great Lakes Naval Training . stauon. 1 JO The Pause That Refreshes. 2:00 Family Hour. 2:45 William L. Shirrer. t 3 40 Edward Rv Murrow. ' 3:15 Dear John. 3 JO Sgt Gene Autry. 4 4)0 Commandos. 4 JO News 4:45 Portland School Of Music. S40 Hello Americans. SJO News. - 5:45 Dick Joy, News. . 55 Erie Severctd -00 Radio Reader's Digest - 6 JO Fred , Allen. 74)0 Take It or Leave ft 7 JO Report to Nation. OO Crime Doctor. 5 25 Dick Joy. Newa SJO People's PayroU Party. 94)0 WilUam Winter. Newa. 9:15 The Whistler.-' 9:45 Treasury Star Parade. 104)0 Five Star Final 10:15 Wartime Women. 10 JO Air Flo of the Air. 10 JO What's It All About 114)0 Gene Krupa. 11 JO Mizzy Marcellino Orchestra. 1135 News. Midnight to S4W a. nv-Musl As News KQW NBC SUNDAY CZS Be. : 44)0 Dawn Parrot. S.-00 Sunrise Serenade. 7 .-00 National Radio Pulpit 7 JO Stories of America. 7:45 Commando Mary. . SKX) The Church In tfour Bon SJO News. 8:45 The Dinning SJsters. ' -94)0 Hospitality Time. - :m 9 JO Emma Otero, Singer. 104)0 People. r 10:15 Labor for Victory. 10 JO Fact Finder. 10:45 Modern Music v 114)0 Sammy Kaye Orchestra. 11 JO Chicago Round Table. 12.-00 Music for Neighbors. 12:15 Upton Close. Commentator, ' 12 JO The Army Hour. . 1 JO We Believe. 24)0 NBC Symphony. 34)0 News. 3:15 Musie tor You. 3 JO Fleetwood Lawton. . 3:45 Newsmakers. 4 44)0 Jack Benny. 4 JO Band Wagon. ' - 84)0 Char Ue McCarthy. " -EYED KID'S 'MOW err he AWDE HITLER WlkJ ABOUhlbf GET HIPPITY Aikp-itt U UUl v - lAS, I MOT &AD? OH, WOMBER -T COME V MAV4THE LIFEBOATS 11 A -? JTHE1 AlfUT AStTEtTO tEATrl n . a. i , . . t t - 1 -1 1 Hopr.'i$2. Kinf Featm w Sys-cm, HOPETTO DIE -.TJCBEV 1 GOOD LAFFIN; tAUSE SHE'S CHILD 15 01 sii - irii - SHE UU5T CANT HELP. GOOFy ITS A OR . 1 J ....... . VW ntf LEAST Ott? OF 7 1 s ' - I . . - y g. s-v n 1" k4j" 'Vi Tna Man'a ramilv. 04)O Manhattan Merry -Go -Round. SJO American Album Familiar Musie. 74)0 Hour of Charm.; , 7 JO Walter WmchelL 7:45 Tha Parker ramlly. , S40 The Great Gildersleeve. - 8 JO Unlimited Horizons. , 94)0 Symphony Hour. 9:45 Organ Concert 104)0 News Flashes 10:15 Betty Martin, Singer. 10 JO When Evening Comes. 114)0 St Francis lotel Orchestra. 11 JO War News Roundup. 12-2 a. m Swing Shift When You Need Cash . . . You Don't Want Red Tape! -- Through our personal loan service, you can get money when yea need It! Prompt, courteous, dignified! . See how easy it is to get a loan, how simple to repay! For money In a hurry see. Stale Finance Co. 212-222 Guardian Bldg. . Corner Liberty State' Telephone ties ' , , Lie. S-21S M-222 I'LL HOrV THAT HEAP THEY CAN'T GAY WITH THE U-5.A. SHT-T(L VUW 0 WSSVJjrT couNrr-R-PV-JL -uae'A Inc., Vdcld rifc . wumf,. HEMEHS. V OH. WOMAXU ITS 5HE J MUCH3ETTOZTHAH "T7 I ?r?igr-rrriti 'HOW PtD MOU DO) v(0WLV TWEKTTV 10D5W, jff JJI PVE, SWENf S2Ajgt?MA? Trt' Y7 I WAS UP g-iLi----? CL'MTH A SICK w GETMABRtEDfJ AAS2RiEDBLSTCllST 1-- WATT A LITT1E BIT AN'VOtflLkNCW WUATTUEHAPPY eeazcT&'r ri f ... t 1 I mm - were no takers. stock. . 1 THE LOIIE RANGES IS