Farm
Firiaecial
Markets
(Comics
PAGE EIGHT
The OREGON STATESMAN. Salem Oregon, Wednesday Morning. December S3. 1842
Tax Selling
Rushes Mart
"Strictly Private"
By Quinn Hall
;
Late Gearing Drops
Average; Transfers
; Broadest, Heaviest
NEW YORK, Dec. : 39 Be
. la ted bursts of tax selling gave
the stock market its busiest ses
sion of the year Tuesday although
Irregularity ruled throughout.
Declines of fractions to a point
or more ruled at the start. Prices
stiffened later, however, with
steels giving a come-back per
formance in the last few minutes.
, While gainers were in evidence
at the dose, the losing ranks were
still, well populated.
- It was the final day on which
tax adjustments could be made in
.the regular manner and tardy
liquidators cleared their decks.
Blocks of 1000 to 9000 shares were
widespread.
The war news: continued to
bolster.: peace-rated stocks al
though the majority never got far
out in front
The Associated Press average
of 60 stocks was off .1 of a point
at 41. It was the broadest mar
ket of 1942 to date, 982 individual
Issues being , traded. Of these,
420 were down, 297 up and 265
unchanged. .Transfers of 1,440,-
670 shares were the largest since
December 31 last and compared
with" 1,201,522 the 'day before. It
was the seventh million-share day
this year. 4
' Prominent decliners included
General Motors, Republic Steel,
Southern Pacific, "Goodyear, Boe-
ing, Sears Roebuck, Montgomery
Ward, Standard Oil (NJ), Du
Pont, J. C Penny and US Gyp
sum.
Modest advances were retained
by Westhouse, US Steel, Bethle
hem. Western Union. Santa re.
Kennecott, Johns-Manville, Texas
Co., j International Har v e s t e r,
Glenn Martin and Eastman Ko
dak.
Among issues finishing all ven
after early recessions were Amer
ican Telephone, Chrysler and
Great Northern.
Bonds were mixed. Cotton was
6 cents off to up 50 cents a bale.
Wheat Prices
Rise to New
Win-iwirV- tf" If If If) I ,
( 04.? TWS OUTFIT ) IxISp'iSA
m
v Yf ". S.EVLV
S-rVCEJ-WtPfe. CU THE WEST CCHST
WX MlUHCflR ESCORT I HO VHS A M.fc.
3UST A RMy C0R.1 RWISHED UP VESTEKMy
W A GlWmiOUSEBlSr 1KB W.r? SAID rE
Rsr M& ft fra AM cm toztsctcn
youfe sow
aoograch vntR
WOULD MCG.
Salem Market Quotations
Tb prlcei below supplied by a lo
cal grocer arc Indicative of the dally
market prices paid to grower by Sa
lem buyers but are not guaranteed
by The Statesman:
Cairo , doz. " . ' .70
Cabbage, crate , , 3.50
Spinach, crate 2.00
Turnips, lb. M
Curly kale, crate , 1.00
Celery, doz. bun. 1.65
Parsnips, lb. , , .05
Onions . , , . , , 1-7
GRAIN. BAY AMD HEEDS
(Baying Prices!
Oats. No. 1
reed barley, ton
Clover hay, ion -Oat
and vetch hay
wneat
33.00
33.00
18.0020.00
18 00 & 20 00
1 .00 1.03
BUTTE. EGGS AMD PODLTB
Aadiesen't Baying Price
(Subject to change without notice. J
BUTTERrAT
Premium ' J&ib
No. 1 JMU
No 3 H
BUTT EH PRINT
A -
B
Quarters
EGGS
Extra large
Medium
3U
-Mi
3l
.43
.40
6-
22
3X
Standards '
Pullets
Cracks
POULTRY
Colored fry-
Colored hens
White Leghorn frv s
mariest r-aer.a Ha) tag Prices.
(Subject to change without notice!
EGGS
Large A - .45
Large B M
Medium A .40
Pullets
Checks 7
POULTRY
Colored trys
Colored bens
4 and
IS and 20
ftc less
Leghorn fryers
Leghorn hens
No. 2 poultry
LIVESTOCK
Buying prices for No 1 stock, based
on conditions ana sales reported.
Spring lambs 13.50 to 14.00
Ewes 4.00 to 6.00
Hogs, top. 160-225 lbs. 14.75
Sows 12.00 to 12.50
Top veal. 215-400 lbs. 13.50
Dairy type cows ,
Beef type cows
Bulls
Heifers
Dressed veal
6.50 to 8 00
. 8 00 to 10.00
9.00 to 11.00
. 8.50 to 10.50
1
Quotations at Portland
Produce Exchange
High
CHICAGO, Dec. 29-()-All de
liveries oi wneat rose to new high
levels for the season Tuesdav and
closed virtually at the peaks. Corn
advanced sharply in sympathy
jwith wheat and most other grains
iinisnea witn net gains for the
session. - ;
wheat closed 1 to 1 cents
higher than Monday's finish. Mav
$1.37-, July $L37; corn was
to IVi cents up, May 95-;
July 95-; oats - higher;
rye unchanged to up and soy
beans gamed cent,.
Although official confirmation
was lacking during trading hours,
the report that sharply higher
flour ceiling prices were soon to
oe announced by James Byrnes,
economic stabilization director,
Imparted early strength to the
market and wheat opened as much
as cent higher. The market lat
er turned weaker on selling by
commission houses but again start
ed upward around noon.
! (The announcement of the gov
ernment's authorization of an av
erage 10 per cent increase in the
price of flour at the mill came af
ter the market's close.) -
Trade circles expected, if earlv
reports were true, the base price
cf wheat in Chicago and Minne
apolis would be $1.42 to $1.45 a
bushel, depending on whether the
June or November parity nrice
werejised as a base for computa
tion. ,- . ;rv.
-' Weather conditions continued
favorable for the new winter
. wheat crop. Primary receipts se
gregated 1,195,000 bushels against
.only 536,000 a year ago.
Jimmerfield Rites
Set for Wednesday
- LEBANON Daniel Jimmerfield-
76, died at the Lebanon hos
pital Saturday night and will be
buried " from the Howe Funeral
Home Wednesday afternoon with
interment in the Powell cemetery.
He is survived by two daughters
and three sons: Justine Smith and
Joseph Jimmerfield of Lebanon;
Alice and Dan Jimmerfield of Al
bany and George Jimmerfield of
Portland. He had three grand-
- eJiildren. One brother, Alex lives
in Michigan and another, Nelson,
la Wyoirung.
PORTLAND. Ore.. Dec 29 S
Produce exchange:
Butter: extras o; stanaaraa
prime firsts 47" firsts 46.
Kutieriai: -'
Es: Lar-e extras 48: standards 42
medium extras 42; standards 38; small
extras 30; standards 28.
Cheese ; Triplets zi; joax zv,.
Portland Grain
PORTLAND, Ore.. Dec. 29 0 No
wheat futures quoted.
Cash wheat (bid): sort white i
soft white excluding Rex 14: white
club l4: western red 1.74.
Hard red winter: ordinary i3; 10
per cent 16: 11 per cent 18; 12 per
cent 11.
Hard wheat Baart: 10 per cent 1.32:
11 per cent 1J4: 12 per cent l-e.
Today s car receipts: wneat 4j: Dar-
ley 5; flour I: corn 2; oats 2; hay 2.
Portland Produce
PORTLAND. Ore.. Dec. 29 Live
poultry buying prices: no. l grade
Leghorn broilers, 114 to 2 lbs., 22c; col
ored fryers. z to 4 ibs z&c; do
lbs.. 22c: colored roasters, over 4 lbs,
28c; Leghorn hens, under 2', lbs.. 20c;
over 3' lbs., 22c; colored hens, 24c lb.;
No. 2 grade bens 3c less. No. 3 grade
ec mss; roosters, ue id.
Butter prints: A grade 52-52' ic lb.
In parchment wrappers, 53-531.C in
cartons: B grade 51-51'c in parch
ment wrappers. oa-',c m cartons.
Butterfat first aualitv. maximum
of .6 of 1 per cent acidity, delivered
in rortia , s-'xmc id.; premium
Quality, maximum of Ji of 1 per
cent acidity. 54-55c lb.; valley routes
and country points 2c less than first
or S2c; second quality at Portland 2c
unaer srst or ai',-sc.
Cheese sellinff prices to Portland
retailers: Tillamook triplets 31c lb.;
loaf 32c lb.: triDlets to wholesalers 29c
lb.; loaf 30c FOB Tillamook.
ggs prices to producers: A laree
46c: B large 40c; A medium 40c: B
medium 36c doz. Resale to retailers
3-4c higher for cases; carton 8c higher.
uressea Turkeys selling prices:
Country dressed hens 38-40c: packers
stocks, hens No. 1 40',-C cash -carry.
42c delivered: . laree toms. over 20
lbs. 38c cash-carry; small toms 39,kC lb.
Rabbits ; Average country killed
37-38C lb. .
Country meats seLUnr nrice to
retailers: j Country killed hogs, best
Duicnere. iu-i ids. zo-zic: vealers,
fancy 23c lbu good, heavy 17-Oc lb.;
rough, heavy 19-20e lb.; can ner -cutter
cows (new cetUng) 16 lie lb.: bulls
(new ceilinsl 17 c lb.: lam ha 22.23e
lb.: ewes 5-12c lb.
Wool 1942 contracts. Ore. on ranch.
nominal, -oc to.; crossDreC 40-4ZC
atonair ; 192. 12-month, 45c lb.
Hoos Seed stock. l4a mm. 1 IS
.: seedless 1-0-1.60 lb.
Onions green, 75-5c dot. bunches;
Oregon dry 1.53; Idaho large 1.53: Ya
kima 1.42-1-5. 60-lb. . has: nlckHnv
15e lb - f
Potatoes Cash and earrv nrki!
Klamath 2.89; malin. fancy. 2.84 cen
tal; Yakima 2.65-2.69; Deschutes 2.79
cental; local 25 centaL
Portland Livestock
!
r
Egg 3 ITanfo d
To? Prices Paid!
Prompt Remittance .
Ship or Bring Tour Err to
:FZD;r !
EGG DEPOT
231 B. E. Aider SL
Portland. Ore.
PORTLAND. Ore.. &. 29 A
(USDAl Cattle: salable 100. total 15S-
calves. salable and total 25; market
slow, few steers steady;: cows 25-50
lower than last two days; common
medium steers 10.00-13.65; good fed
steers 10.00-13.65: cood fed steera -ton-
day 14.75; few medium beef cows
10-25: good cows salable above 11. OO;
cutter-canner cows mostly 6.0O-7i0;
heavy dairy type cows 9.00: medium-
good bulls salable 10.00-11.50 and
above: good-choice vealers quotable
14 56-154. -'
Hoes: salable 300. total 4 JO: market
steady; good -choice 180-230 lbs. 14.75
to mostly 15.00: 250 lbs. weichta 14.25:
odd light-weights 14.00; good 525-6-5
sows izixj. good -choice xeedes pigs
14.00-15.00. . '
Sheen: salable 150. total SOO: market
strong: few good-choice woo led lambs
13.75-14.00: medium down to 12.00: too
feed woo led lambs Monday 14 3; few.
meoium-gooa ewes 60, ;
bJW)
l3zt3 Indirt
K wJieliil mil
WImb Mi ntmth and Hua ntnl.
t. mmt mm tb u I Mtiiia. Staw wnty
pra-riM tarn f w I nJt -Jltw kaaa Ht
iniiiinw rmii innri ww b u-t
riM N kntKt B-U-arn h-M i fut a
WMnM- la a Mr
Wool in Boston
BOSTON. Dee. 29 0 (USD A)
Sales and offerings of domestic wools
in the Boston wool market were com
prised mostly of small lots at some
concessions in price to clean these out
before the close of the year. Sales of
moderate volume were reported from
Buenos Aires for export to the United
States : on fine and fine crossbred
wools. Considerable interest was
shown in wool of 44S grade.
Stocks and Bonds
Compiled by The Associated Press
STOCK AVERAGES
December 29
30 15 IS 60
Indus Rails Util Stks
Tuesday 59.8 17.8 26 41.0
Previous day 60.0 17.7 26.4 41.1
Week ago 60.2 18 0 26.5 41
Month ago 57.5 17.6 ; 26.6 39.8
Year ago 54- 14.6 25 S 37
1942 high 60.6 19.7 27.3 41-
1942 low 46.0 14.4 21.1 32.0
BOND AVERAGES
20 10 10 10
. Rails Indus Util rogn
Tuesday 63.5 103.6 7.8 82
Previous day 53 6 103.6 ; 98.0 52.9
Week ago 63.7 103.6 97 J 63.0
Month ago 63.2 103- 97.6 , 52.9
Year ago 60.6 102.9 ' 99.7 ' 41-
1942 high 66- 103.7 100.6 53 3
1942 low 59.4 102.6 83.6 41-
WeeKend Guests
Arrive Bit, Angel
MT. NGEL - Mr. and Mrs. 22.
P. Scharbach of Oregon City spent
Saturday in ML Angel visiting at
the home of Mr. Scharbach's brother-in-law
and sister, Mr. and
Mrs. Robert J. Welton. i h '
Mr. and Mrs. Emanual Usel-
man. had as dinner guests on Sun
day Mr. and Mrs. Jack Uselman
and children of Silverton and Mr.
and Mrs. Melchior Uselman. i
Guests for the Oiristrnas holi
days at the home of Mr. and
Mrs. Melchior Uselman were Mr,
and Mrs. R. J. Welton and son,
Willy, Mrs. Theresa Uselman
Mr. and Mrs.' Emanuel Uselman
find Peter and Adeline, Mr. and
Mrs. Jack Uselman and family of
Silverton and - Miss Christine
berle. .v-? f - f-:X:"?:il'.V -:
Mr. and Mrs. Jacob Bartnik had
as their guests Mr. and Mrs. Mil
lard Benny of Brooks and Fred
Ferschweiler of Gervais. " .
The Albin r Beans entertained
for Mr? and Mrs. Jack Bean and
Hilda and Mary, Mr. and ' Mrs.
James Mengis and Patricia of
Portland, Mr; and Mrs. Toney
Bean and Janice and Jack of Ore-
lion City and Arnadene, Jimmy
tna tiemme Lou Ban.
Ucsicd!
T7bl5f Filicrfs
! c3 Ilni IIcl3
mhest Cash Price
Ilcrrb Elcrfcb
P:!ij Co.
C9 North Front Street
Telephone Idl
Eberle Ti iyen
Farewell Party;
Enters Service
- MT. ANGEL. - Jack Eberle
left Monday, December 28, for
Fort Lewis where he will be in
ducted into the service. On Sat
urday night he was the guest of
honor at a gathering of friends
at the home of Mr. and Mrs, Mel
chior Uselman.
Present .were : Mr. and Mrs
Francis . Schmidt, Mr. and Mrs.
Val Eberle, Mr. and Mrs. Albin
Bean, Mr. and Mrs., William Bean,
Tony Biglef, Clarence Predeek,
Peter Uselman, Ralph Gilles, Pat
Ebner, Leona Boegigheimer, Ade
line Uselman, Hilda Eberle, Chris
tine. Eberle, Monica Frey, Mr. and
Mrs. Melchior Uselman, all of
ML Angel, and Hilda Pounder of
Silverton. .; .- " .; t
A light lunch was served later
in the evening, and ' Eberle was
presented with a handsome wallet
as a remembrance from his
friends.".' .::-.-',-:
Watch Night Se
HOPEWELL A watch night
party will be held at the social
room of the Hopewell United
Brethren church Thursday begin
ning at 8 pjn. Opening with devotional-,
a program of games and
entertainment will follow.
With Reluctance and Regret
- J :
J
y
- ' ..
.. V ' j
? '
V
Gaest of honor Leon Henderson seems pnxxled as he fills out a mock
rationing- form at a dinner to Baltimore shortly after he had re
signed as OPA administrator with "relaetaaee and rerret"
health was announced as Henderson's reason for Quitting. Asso
ciated Press Telemat. j
Measles Sweeps "
RIehama Schools
MEHAMA The number of pu
pils in the school here has" dwin
died noticeably due to an epidem
ic of measles. ' The younger chil
dren especially have been afflict
ed. - However school has continued
in spite of only six pupils attend
ing in the lower grades, taught by
Mrs. Margaret Ware.
Mr. and Mrs. Ed Castle . spent
Christmas in Portland with . his
brother. Jack Castle, and family.
Willard Johnson, who has been
employed in Garibaldi,, spent
Christmas here with, his wife and
other relatives.
Mr. and Mrs. Tex Kimsey had
as guests - lor ennstma s dinner
Mr. and Mrs. Arthur Landers, Pvt.
Orvat Landers and Mr. and Mrs.
Merle Philippi and Merlene.
Mr. and Mrs. Orval Greer and
Donna, Mrs. Edith Philippi, and
Mr." and . Mrs. Roy King were
guests of Mr. and Mrs. Roy Phi
lippi and Bruce at Cistmas 'dinner.-
'Y-:
Sodaville Resident
Dies ; Services Held
. LEBANON - Thomas Mont
gomery Allison, 76, who for the
last 15 years has lived in the So
daville neighborhood, died Sat
urday night and was buried in
the Klum cemetery after services
in the Howe Funeral Home cha
pel Tuesday, Two sons survive:
J. C. of Lyons and William 1L in
Mullern, Idaho; a brother, Elmer
Allison, lives in Elk City, Idaho,
and a sister, Mary Knapp in
Portland. He had eight grand
children. '"V ; riJ- 1- ;
1 '-r.fnujjrururiiiii inr''Sii
III A IIOriOY
There Is no personal or basiness emergency which we
cannot help yon meet with a conveniently, speedily
arranged loan! Drop Into oar offices for fall details . . -
STATE rniiUICE CO.
tl2-222 Gn-rdlan Bide- Corner Liberty and State
Telephone 8168 Lie 8-21J M-222
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