The Oregon statesman. (Salem, Or.) 1916-1980, February 03, 1943, Page 8, Image 8

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Financial
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PAGE EIGHT
Stocks Rise
To New Highs
Many Leaders Fail
To Sh6w; Average ;
Drop .1 Point
NEW YORK, Feb. 2.-r-New
'14-months highs were plentiful
in Tuesday's stock market and
volume again was one of the lar
gest for the past year but rising
reluctance was displayed by many
leaders. '"r:::J-. , V.'J '
A. few rails did fairly well from
the start, along with a haadful of
specialties, although some favor
ites, up in. the morning, finished
all even or under water at the
close.
While war optimism and invest
ment buying served, to prop as
sorted Issues, further profit cash
ing on the lengthy recovery
proved . a restraining - factor.
The Associated Press average
of 60 stocks was off .1 of a point
at 44.1. the first recession in this
composite since January 20. A
number of sizable blocks expand
ed activity. Transfers amounted
to 1,053,130 shares against 1,086,-
750 the day before. . It was tne
fifth million-share session for the
vear to date. Breadth of the mar
ket was exemplified by the fact
882 individual stocks were traded.
Of these, 324 were up and 558
down or unchanged.
Silver ton Library
Circulation Is 1405
SILVERTON Donors to the
public library during January,
according to the report submit
ted to the city council 'Monday
night, were Mrs. W. P. Scarth,
Mrs. George Christenson, Cather
ine Peterson, Mrs. J. E. Stoy, El
izabeth Kleinsorge, Mrs. H. H.
Paget, Jean McPike, Gilbert Mo
ser, Lloyd Moser, Mrs. Steward
McClure, Mrs. Alfred Adams,
Jean ' McClanathan, Mrs. E. K.
Burton, Mrs. H. B. Latham, Mrs.
Miles Tobias. The report also
showed the January circulation at
1405 and that 12 new readers had
been added, during the "month.
. Besides a group of books added
to the junior shelves, new books
added to the library included
Brown's "Suez to Singapor e";
Seghers, "Seventh Cross;" Flan
nery, "Assignment to B e r 1 i n;
Cole, "Toper's End"; DarnalL
"Wartime Medicine"; Thomas,
"A Yank in the RAF"; "Selective
Service in. Peacetime."
Improvement dub
Lists Two Speakers
For Friday Session
, GRAND ISLAND The annual
election of officers will be held at
the regular monthly business
meeting of the Improvement club
when it meets at the school Friday
night. Two guest speakers will be
present for the meeting, Rev. E. C.
Alford of Dayton, who will talk
on the lava beds and show speci
mens and post card pictures, and
Morton Tompkins, state grange
master, who is attending the state
legislature in the interest of the
grange and who will speak on ag
ricultural problems of interest to
every farmer. .
The program will also include a
few numbers from local talent.
Following the entertainment, a
pie social will be held, the pro
ceeds of "which will be used for
community activities.
Rev. Alford will speak Friday
afternoon before the grade school
childrenpn the Yellowstone Na
tional 'park and the desert.
Red Cross Sewing
To Start Thursday, -West
Salem City Hall
WEST SALEM Mrs. Fred Gib-
Bon, Red Cross chairman, has an
nounced . that Red Cross sewing
will start Thursday morning ' at
( the city hall. Mrsw J. . I. Miller
and Mrs. D. Bradford have been
doing the cutting. Men's shirts and
pajamas are the articles to be
worked on at this time. Each
woman is asked to bring her own
lunch and tea win be furnished at
the noon hour.
Hattebergs Are Hosts
CNTRAI HOWELLj Mr. and
Mrs. VL O; Hatteberg were hosts
at a family dinner Sunday. Pres
ent were , Miss Anne Hatteberg;
Mr. and Mrs. Ed Hatteberg; Mr.
and Mrs. Floyd Baxter, Richard
and Diane; Miss Nettie Hatte
berg and W. T. Hatteberg. &
Dick Bye is undergoing a siege
of the measles. ;
E"J3
Uanlcd
f Top Prices Paid! -Prompt
Remittance
Ship mr Bring Yrar Eggs tm
F0SD IIEYE3 -
EGG DEPOT
S31 S. EL Alder fit.
Portluid, Ore. . j
"Strictly Private"
lib KEEP ta HOME, PETS.. THAT 1
. I THSW tU CASE. OF BAD PEUe$ I FS UAXXZXAtST,
I TWEM 6EUERA1S'D HAME: Van JGMtStPA!j
SCVuVmi4 TO BLAME. EK fcX 0C2-c
r . mm -
I ANT HEARD NOTHING :r
lex-M&BE. we is dJAum or else h&&.
HE tS. BUS- IT AJMT etCADSE OF EKCWOAIKAL
REASCK&. HE AOST WKOTfc ME...
r-.S-UWL US HE.
CAM SEND M-
ffcfc-. TOO-1 COES
Salem Market
Ths prices bHw supplied by a lo
cal grocer are irxUcativs of the daily
market prices paid to growers by Sa
lem buyers but are not guaranteed
by Tne Statesman:
Calif rhubarb, lb. :
Red cabbage, lb.
Broccoli, case
Green onions, doz. bun.
.18
.11
6.00
.70
1.10
.80
.07 'i
2.10
1.20
.95
.17
.60
. .70
3.00
100
165
OS
I AT
Turnips, doc bun.
Mustard greens, doz. bun.
Calif, cabbage, lb.
Chinese cabbage, doz. bun.
Endive, doz. bun.
Artichokes, doz.
Brussel sprouts, lb.
Radishes, doz. bun.
Carrot, doz. bn. , , , ,
Spinach, crate
Curly kale, crate
Celery, doz. bun. .,
Parsnips, ; ID.
Onions
GRAIN. HAT AND SEEDS
(Boy tag Prices)
Oats. No. 1 .
34.00
34.00
18 00 20 00
18 00&20 00
. 1.0001.03
Feed barley, ton
Clovet hay, ton
Oat and vetch hay
Wheat
BUTTER. EGOS AND POULTK1
Aadtesea's Bay tag Price
Subject to change without notice. I
BUTTER FAT
Premium - -5
No. 1 . ... -3
No. t " ,. -SO
BUTTER PRINTS
A
B
-6Hi
50,i
52 H
Quarters
Quotations at
Produce Exchange
PORTLAND. Ore.. Feb. AF)
Dressed turkeys selling prices: Coun
try dressed hens 34-35C; out ert un
changed.
Butter: extras w; stanaaros ;
prime firsts 47 ft; firsts 46',.
ttu lie rial: sz-az
ggB; trB u a o. uu iub I
medium extras 42: standards 38: small
extras 30. stand a ids 28.
Cheese: Triplets 27; loaf 27a.
Portland Produce
PORTLAND. Ore.. Feb. (API-
Eggs Price to producers: A large.
42c: B nominal large. 41c; a medium
39c; B medium 38c doz. Resale to re
tailers. 2c higher for cases; cartons 5c
higher.
Butterfat First Quality, maximum
of Jt of 1 per cent acidity delivered in
Portland. 53-52 'ic lb; premium quality,
maximum of .35 of 1 per cent acidity.
53-S3 ', ic bn: valley route and country
points. 2c less than first or 50'ic; sec
ond quality at Portland, 2c under first
or 50-90sC.
Cheese Selling price to Portland re
toilers: Tillamook triplets. 31c lb: loaf.
33c id.; triplets to wholesalers, zsc lb.;
loai. sue i.o.d. luiamooK.
Live poultry Buying prices: No. 1
grade Leghorn broilers, l'i to 1 lbs.,
28c; colored fryers, under 2',i lbs.. 28c.
oo z'i- ids.. zsc; colored roasters,
over 4 lbs. 29c; Leghorn hens, under
z-,s ids. isc: over s'.a ids, zic; coiorea
hens, over 9 lbs. 21c lb.; No. 2 grade
hens, 5c less; No. 3 grade, 10c less;
roosters, 10c lb.
Dressed turkeys Selling .prices:
country dressed bens, 34-35c; packers
stocks hens. No. 1, 364c cash-carry;
large toms. over 20 lbs.. 34c cash-carry.
Rabbits Average country killed, 3S
40c. Onions Green, 80-90c doz, bunches;
Oregon dry. 174; Idaho large. 10;
Yakima. 1.74 50-lb. bag.
Potatoes Cash and carry prices:
Klamatn. 3.17: Malin. farxrv. 3 17 rn.
tal; Yakima,-1.72; Deschutes, S.12 cen-
uu; wcai. z cental. - -
Country meats Selling price to re
tailers: Country killed hogs, best
butchers. 120-149 lbs., 24c; vealers. fan
cy. 23c lb.; good, heavy, - 16-20c lb.;
rough, heavy. 14-lSc: canner-cutter
cows new ceiling), 16c lb.; bulls
new ceiling). i7c lb.: lambs, 27c lb.;
ewes. rood. 15c lb ewes. noor. lOr
Wool 1S42 contracts. Oregon ranch,
nominal. 34-37c lb.; crossbred, 40-12c
.; umo, t id.
Mohair 1942. 12-month,' 45c lb.
HopsSeed stock. 1942 crop. 1J6 lb
Food Protection
Against Gas Attack
Being Perfected
SALEM, Feb. -.-(Special)-Some
thing unusual in the way of
civilian' organization to protect
foodstuffs in event of a gas attack
was unfolded by Major G. E. Ar
nold, office" of . civilian . defense,
San Francisco, ' te a recent con
ference with chemists of the foods
division of the Oregon state agri
cultural department r. ' -:v
"Major Arnold learned that the
division , field operators, subject
to can 'night and day, have 're
ceived careful instruction in what
to' do to guard foods in case of a
raid, land would be available for
immediate service. . 'X
The federal official said he was
Impressed , with possibilities of ty
ing the state agricultural dertart-
ment setup into the civilian de
fense picture.
Convalescing
HA YES VI LL E Mrs. Scott
Smith is convalescing following
several weeks illness with pneu
monia. ' : . 1
Thm
By Quinn Hall
TT. S.. ABAC
YtUR, 9M-
-2
Quotations
EGGS
Extra large
Medium
Standards -
Pullets
Cracks
.40
.38
.33
JZ3
43
POULTRY
Colored frys
Colored hens
White Leghorn frys
26 to 28
22
1
Mirloa Creamery's Boytag Prices.
(Subject to change without notice)
EGGS
Large A . .40
Large B M
Medium A , .35
Medium B .35
Pullets JO
Checks t
POULTRY
Colored hens
B
XX
18 and M
Leghorn fryers .
Leghorn hens
No. 3 poultry
5c less
Colored fryers, under 2l,4 lbs. 2
Colored fryers. 2 to 4 lbs 8
Colored fryers, over 4 lbs. 8
LIVESTOCR
Buying prices for No l stock, based
on conditions ana sates reportea
Spring Iambs 14.00 to 14.50
Ewes 4.00 to 6.00
Hogs. top. 160-223 lbs. 13.35
Sows 12.00 to 13.00
Top veal, 215-400 lbs. - 14.00 to 14.50
Dairy type cows 60 to 6.00
Beef type cows ... 8 00 to 10.00
Bulls 10.00 to 11-0
Heifers 9-0 to 10.50
Dressed veal " 1
Portland
seedless. 1.50-1.60 lb.; constracts, seed
less. 70c lb.; seed. 65c lb.
Hay Buying price on cars: Alfalfa,
No. 1. 35.00; No. 2. 32.00-35.00 ton; oat-
vetcb. 30.00 ton. valley points; Timothy
(valley) 30.00; do eastern Oregon, 35.00
ton; clover. 30.00 ton.
Portland Grain
PORTLAND, Ore.. Feb. 2 (AP)
wneat futures no quotes.
Cash grain: Oats No. 2-38 lb. white
39.50; barley no. z-49 lb. B. w. 31.50;
MO. 1 flax Z.722.
Cash wheat (bid): soft white 1-25
soft white 1-25; soft white excluding
Rex 1 27; white club 1.27; western red
l-ZbVi.
Hard red winter: ordinary 1-28'i; 10
per cent 1.30; 11 per cent 1:32; 12 per
cent 1.34; hard white Baart: 10 . per
cent i.3t',i, ii per cent IMS1; iz per
cent 1.40i.
Today's car receipts: wheat S; corn
i; oats l; mnifeed 6; flaxseed x.
Portland Livestock
PORTLAND. Ore.. Feb. 2 (AP)
u sua cattle: salable and total 150,
calves 25; market active, steady on
kinds available: few common light
steers 10.25-50. medium to gvd fed
steers salable 13.25-15.50 light - dairy
steers down to 8.50;. common heifers
9.00-10.50, cuttery dairy heifers ' down
to 8.00; canner and cutter cows 1.50
8 25. nat dairy type cows to 9.00 and
above; load bood beef cows l.OSO lbs
11JK. lighUy sorted at 10.50; medium
to good bulls 11.00-12.75; good to
choice vealers salable 14.50-13.50 or
above. . ,
Hogs: Salable 850; total 1000; market
25 lower: good to choice ISO-225 lba.
moslty 15.75; one choice trucked lot
15.85; 240-300 lbs. 15.00-25; light-lights
14.75-15.00 good cows 13.50-14.00; good
to cnoice xeeaer pigs 4S ana 1Z3 lbs
15.00. -
Sheep: Salable and total 400; market
sxeaay; sizeaDie lots fall-shbrn fed
lambs bousht to arrive at 15 00- fw
food lambs 14.25; light cuUs down to
00; good ewes salable 75-75 or
above, common down to 4.00.
Wool in Boston
Contracting of wool was remrtMl
from Wyoming today. A country pool
of between 30.000 and 50.000 fleeces
S purcnasea at a price of 38 cents
FOB. Sale of a lot of quarter blood
MUMjusiiv wuvi w maae at a price
B11nwAi4 MVim , a
Pampas spot wool of 50 to 58s rgade
Stocks and Bonds
Compiled by The Associated Press
February 2
STOCK AVERAGES
.30 15 IS 60
IT .filial D41a Tll - ..
lay 63.7 19.7 : 29 4 44 1
previous Day 63.7 19.7 29 5 44
2"kw AF 62 9 2SS 43.4
Month Aid ml ia jt vt a ai a
i:"ri n,gn W T -7 44
1842-43 low 48 Q 14.4 .214 32.0
BOND ATESAGES
Tuesday . 68.i 104 5 100.4 57
fjevious day S8 104.8 100J 57.0
Week men tn A tttA a inn t c
Month ago 3i4 10314 97 S " 52
Year Ago 63S 103.4 100 J ' 45 7
1942-4 IS Mffh aai tnA m ioa m it.
1842-43 low M'10li 838 lit
t Uanlcd!: '-'v-
UahiFilicrls
and IIcl IIcls :
Highest Cash Prices'
Ilcrris Klcrfcin
Paclarj Co.
: 4M Nerth Front Street
Telephone) 763S
OREGON STATESMAN. Salem
Wheat Rallies
From Rye"Lag
CHICAGO, Feb.' 2.-iP)-Grain
futures prices were lower most of
the session Tuesday, -largely in
sympathy with weakness of ryfc.
In the final minutes of trading,
wheat staged a moderate rally and
closed at small fractional advan
ces over the previous final prices.
At the extreme, rye prices were
off as much as three cents from
highs of last; week, due largely,
traders said, to a denial from gov
ernment sources that rye purch
ases were contemplated for lend-
lease shipment to Russia.
Wheat finished to cent
higher than ' the previous ' close.
May $1.40-1.39, July $1.39.
' : The market undertone was hea
vy most of the session. Scattered
liquidation and stop loss selling
in rye touched off the . decline.
Fruit, Vegetable
Container Goals
May Be Revoked
SALEM, Feb. - 2.-(Special)-Standards
on fruit and vegetable
containers in Oregon should be
revoked or suspended for the dur
ation of the war, fruit and vege
table packers, snippers and box
manufacturers declared here
Tuesday.
They said their opinion was
based on information gathered at
a recent hearing at which both
federal and state officials were
in attendance.
Final order in the standard con
tainer situation will not.be draft
ed by the state agricultural de
partment until word is received
as to what steps either the WPA
or OPA will take to simplify the
number of containers in use in
the United States.
More than 530 containers were
listed as being in use in various
states prior to the recent studies
of the national committee deal
ing with simplification. "
SCORCHY SMITH
r;c-r-rv To
BARNEY GOOGLE
MICKEY MOUSE
THIMBLE THEATRE.
A MA6K TXU V0U up
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HI.AAOCEV." SCrV. DO I FEEL. SPRW
BL?JjSrn-,,6 SW K1MPA
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OXH, klU -ETHrS 5EABA-WL I THRQVJ
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te Lorn; rakgei r
Ctoon. , Wexineada Morning.
AS '
! : '
I
The Japs take the rap when three Tanks f tnta action. ":i Don Terry,
Leo Carrillo and Andy Devine In "Escape from Bong Kong, now
-showing at the Liberty theater, co-featured with "Ladles In Re
tirement' with Ida Lupine andXronls Hayward.
WAAC Recruiter
To Interview -Valley
Applicants
WAAC-minded women of SI1
verton, Dallas and Monmonth
will be given an opportrudty
this week to receive complete
information aboat opportunities
for women in their army from
Capt. D. K. MacDoogall, WAAC
recruiting officer from head
quarters of the Oregon recruit
ing district, when he visits those
cities.
The visit of Capt. MacDougall
to these cities is part of an in
tensive drive to acquaint wom
en of Oregon wth the work be
ing done by the corps and -to
enroll them in the WAAC for
assignment to duties which, will
relieve able-bodied soldiers for
combat doty.
Capt. MacDoogall will Inter
view applicants from 10 to X at
the following places: Thursday,
Sllverton, post office; Friday, -Dallas,
chamber of commerce;
Saturday, Monmonth, city hall.'
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ft. COUKWs.'
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TRY TO PJW W(
Felnyary 3. 1943
Mrs. Creech to Speak
On Nutrition for PTA
WEST SALEM Tuesday night
the P-TA will meet for the first
time this year. Mrs. T. W. Creech
of the home economics department
of the Salem schools, will be the
speaker. Her topic will be "War
time Nutrition." . r
The second grade will present
the program which will feature
the rhythm band - of 40 pieces.
At the conclusion of the; program
the hostesses will be the mothers
of the second grade children. -' ;
Panek Family Visits
i
UNIONVALE Mrs. Joe Panek
and son Richard, and daughter,
Barbara, and Miss Maxine Lau
ner of Broadmead attended church
and Sunday school here and were
dinner guests of relatives and
friends.
Mr. and Mrs. Clarence S. Craw
ley and family were Sunday din
ner guests of their parents, Mr.
and Mrs. Ivan Crawley at Broad-
mead., - - i
GOMETUlhiG WCON6 WrTW
WrS PUANS. . . f THsl CAOIO...
MAYSS tCOCCMVS TCY1N5
TO CONTACT J
-VS0 Weti - WVC SERG EfttSTC s
HERE
OLrTlOE -
-r - - i
i.
SHORE. (0nTER-BUf TAKE AA6
4 fY r'r'Sf ' OOW4 AND .
BOSS
at m a 's.
I HEBE THAT WOULD UKETO CWVEt- )
f FROM MV COPPER M!W, BUT THEY'VE f " J
(H CCmTO
j
8B a "8
War Worker, Family
Move to Milwauhie .
WEST SALEM Mr. " and Mrs.
Robert Woods will move to Mil-
waukie the first of the week. Mr.
Wood is in , war work there.
Mrs. John Bier, Third : street,
fell and broke her, leg last week
end. ;V- . ' . '. x ' "' C;.'.'''
, Mrs. Leighton Dailell vIs, back
home again - after v being in the
Bartel hospital in Dallas. ' ::;;' ;.
The WSCS will meet Wednes
day at 2 pjn. at the parsonage.
"..William La Due, former water
superintendent, . was a - luncheon
guest of Mr. and Mrs. Elmer Cook
last week. . .
Slayton Family Moves
To Grand Island Home
GRAND" ISLAND Mr. and Mrs.
George Trammel and family
moved Sunday from Stayton. Into
the house formerly occupied by
the ZJoyd Galer family. Four chil
dren will enter, school this week,
two In the upper room and two in
the primary grades..
Mr. and Mrs, D. Lynn Gubser
of McMInnville were dinner guests
Sunday at the home of Mr. and
Mrs. C A. Kbckhm and family.
Afternoon guests at the same home
included Mr. and Mrs. Ralph
Schindler of Corvallis and Mr. and
. in a HunnY
There is no personal or .business emergency which we
cannot help yon meet with a conveniently, speedily
arranged loan! Drop into oar offices for fall details ...
STATE FINANCE CO. 1
212-222 Gaardlan Bldg Corner Liberty and -State
Telephone S1S8 XJc S-21J M-222
We are: always in the market to buy for CASn Real
Estate Mortgages and Contracts, Merchandse Discount
Paper and Notes.
137 HOBST
OPTUCEO
TANO
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WELL,
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' 's&
kf THE LONE
RIoorman Undergoes
Eanergency Operation
MIDDLE GROVE August
Mooreman, 66, was rushed to the
Salem Deaconess hospital Friday
for an emergency appendectomy.
His condition is good at this time. . :
. Reverend Guy R. Stover, who
passed away at a Portland hos
pital Saturday morning, was pas
tor of the local church and active '
for a number of years in this
community; the woman's mission
ary group, still active here, was I
organized during his pastorate In
June, 1916. He later supplied for
a short time preceeding the pas
torate of. Rev. IL IL Schenerman. v.
Birthday Dinner Given -
WHEATLAND Compliment-
Mrs. Walter Klrkwood, a birth
day dinner was served, Sunday at
her home. " Because of weather
conditions and rush of work, some
of the -relatives were unable to
attend.. , :
Joins F1IA Staff
WOODBURN Harold Schiel
left this week for Hermiston in
eastern Oregon to accept a posi
tion as bookkeeper in connection
with the federal housing project.
Mrs. Clifford Parker of Salem.
The women are , sisters of Mr.
RockhuL
CBHOtt I tN- HAMB
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MR. MARTIN, THECt h HEW 1
W CJ-W-RSVl
CROOK HOW Wi NAWt b HIG-IN5 I
FCUOWH? HIM A1LTKE WAY FROM
TEXAS. HE'S THE 0K WHO IS P0SJNG
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