'Financial
Markets
, o
omic
f .7
PAGE TEN
Th OREGON STATESMAN, Salem. Ongoa. Tuesday Morning, December 21. 1843
Farm
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Stocks Suffer
Rough Going
Motors Revive,
- ' Prices Stiffen ; ;v
Near Close
: By BERlfiVRD S. O'HARA
NEW YORK, Dec. 20 (VProf
It taking on the recent recovery
made the goinx a hit rough for
the stock market today although
many favorites, propped by fur
ther reinvestment demand, man
aged to achieve moderate pro
gress. .
Trends ' were cloudy from the
tart hut motors revived and
prices in most departments stif
fened at the dose. Final prices
were" no worse than mildly mix
ed. , . . - ; " '
Expectations that important
war moves were in the making
inspired considerable conserva
tism among brokerage custom
ers. The feeling year-end tax ad-
justments had Jbeen pretty well
completed . and that repurchasing
should broaden substantially . by
the turn of the year brought: a
certain amount of bidding. The
; unsettled rail wage dispute serv
ed as a general chilling market
factor.
The Associated Press 60-stock
average was unchanged at 49.5
Of 847 individual issues on the
ticker tape, 380 were up against
467 down or unchanged. Sizable
blocks of low-priced performers
helped put volume at 854.790
shares compared with 874,650 Fri
day.
At new 1943 tops were Hercules
Motors, Pittsburgh Coa prefer
red, Studebaker, and J. I.. Case.
The recently gyrating Amer
lean Distilling and Park & Til
ford were under pressure the
greater' part of the day but even
tually steadied.
Improvement was retained by
Chrysler, General Motors, White
Motors, Santa Fe, Goodrich, US
Steel, American Telephone . and
Texas Co.
On the offside were NY Cen
tral, Southern Railway, Bethle
hem, Goody e a r , International
Harvester, Douglas Aircraft,
American Can and Allied Chem
ical. Poison Oak
Killer Found
More experience with the use
of ammonium sulfamate to kill
, poison oak indicates that it is the
best chemical to use for this pur
pose under many conditions, but
is not as good for eradicating oth
er kinds of perennial weeds as
some of the other chemicals, ac
cording to a summary of recent
tests issued by Chester Otis, as
sistant farm crops specialist, and
L. E. Harris, associate agronom
ist, at OSC.
The only other chemical that
equals ammonium sulfamate' in
killing power on poison oak is
atlacide. - Ammonium sulfamate,
a, nitrogenous weed killeri has the
advantage, however, in that it
does not sterilize the soil and ev
en - has some fertilizer value. It
has fire retardent properties in
stead of being inflammable, which
Is one reason for its scarcity on
the market. The armed services
are -using it for these fire retard
ing properties; nevertheless, more
supplies are available now than
a year ago.
The experiment station recom
mends that this material be mix
ed with water at, the rate of one
pound o f ammonium sulfamate
per gallon. This, is sprayed on fo
liage, stems and crowns until the
liquid drips freely. The best time
for application is in the late sum
mer or early fall.
So far the ammonium sulfam
ate has not shown up satisfactor
ily on deep-rooted perennials,
such as morning glory, Canada
thistle, and whitetop. .
Woodburn Man Home
From Midwestern Visi
WOODBURN A. B. Shaw re
cently returned from a' visit with
relatives and friends in Detroit,
MichAnderson, Ind., and Sharps
burg, Ky.
' Mrs. A. B. Shaw and: son Larry,
visited friends in Falls City re
cently, y
1 X
Cheila Bromley and Jane Bryan are shewn In a scene from "Girls
r- en rrobatlbn, Warner Bros, release which starts today at the Elsl
t nore theatre. "Crime School, starring Humphrey Begart aatd The
, Dead End Kids, is the companion feature at the Elsinor.
"Strictly Private
DEAR MOA'"
EOT EACHSWIS DtFHD TO.WSASLir
wets a suy sfEMDs mostop ws, tmae
W
lS-X ALB64D i
otations at
Portland Produce
PORTLAND. Ore.. Dec. 20 (AP)
Butter AA grader print 46c, cartons
46.ic: A jjrade prints 43ac; cartons
46 i-.c: B arade prints a.4c. canons toc
Butterfat irt quality, maximum
of . of 1 per cent acidity, -Tdeliverea
at Portland, i 32-32fcc lb.; premium
quality, maximum of 3& ot 1 per cent
acidity 63-33 ie id.; vauey routes wu
country - points 2c less than first or
50-50', cf , second Quality at Portland
L2c under first or W-50'iC lb.
rhivu seiunc or ice to roroana
retailers r' Oreeon tri Diets 29c lb.: loaf
29'aC lb.; triplets to wnoiesaiers Z'c
lb.: loaf I7ic roB.
Eggs Prices to producers. A urge
49c: A ' medium x: A smau wc
laree 41c doz.
Esss Prices to retailers in cases
A grade large 51 lie; A medium 48 lie
small 44 'i.C aoz.
Live poultry Buying prices: No
trade Leghorn broilers up to 2
lbs. 30c: colored fryers under. 2 to
lbs. 29c; colored roasters over 4 lbs
29c; Lfihorn hens under 2 lbs. 25&c,
over SVs lbs. 2514c: colored hens 4 to 5
lbs. 25Vc, over 9 lbs.. 23!ic; old roost
ers. Zl'zC ID.; stags zi'ac io.
Rabbits Government ceiling: Ave
rage country killed to retailers 44c lb.;
live price to producers zc id. '
Turkeys uressea nens rto, i,
394-43c lb. I.
Turkevs Alive: tiovernmeni ecu
ing buying price: Hens 42c; toms 36 lie
lb., dressed Basis.
- Onions Green 75-&5c dox. bunches;
Yakima 2-12 50-lb. bag.
Potatoes Yakima No. I. J-J3 cen
taJ: do 2s. 50s. 90( Deschutes No.
3.25 cental: local 20 cental.
Country meats Rollback price to
retailers: Country killed nogs, oest
butchers. 120-140 lbs. 17-18c; vealers
AA 224c: A 21 l4c; B 19-19'ic; C 15
17ic: culls 12-15c: canner-cutter cows
10-14c: bulls, canner - cutters 14ic;
lambs AA 28c: A 241ic: B 22Uc: C
10-20c: ewes FS 13'c: medium 12c
10ic: beef AA 21ic: A 20"ic; B
183c: C 14c: cutter - common' cows
10-14c: cutter - common bulls 143,4C lb.
Wool Government controL
Cascara. bark Dry 17c lb.. '
Mohair - 1942. 12-month 45c lb.
Hods ' Nominal' seed stock. 1942
crop 1.40 lb.; seedless 1.50-1.60 lb.; con
tract seedless 70c; seed 65c lb.
Hay - Wholesale prices nominal
Alfalfa No. 2 or better 34.00-36.00: oat-
vetch 26.00 ton. valley points: timothy
(eastern Oreeon) 35.00-36.00 ton; clover
25.00 ton: Montana grass hay No. 1
33.50 ton.
East Side Market
PORTLAND. Ore J Dec. 20 AP)
Buyers cleaned out! rapidly the thin
supply of vegetables which appeared
on .the East Side wholesale market
today.
Carrots were in particularly heavy
demand.
- General prices: .
FRUITS
Apples Jonathans 2.25: Baldwins
2.00-2.25 J amble box: Winter Bananas
2.00-2.25: Spitzenberg. Ortley 2.25 box;
Rome Beauty 2.23-2.50 box.
VEGETABLES
Broccoli Green 1.00 lug and dozen
bunches.
Cabbage No. 1 green 1.75-2.00
crate; red 2.00 crate. '
Cauliflower No. 1, 2.00 crate; near
2s, 1.75; Ko. 2, 1.25-1.40 crate.
Celery No. 1 green 2.75 crate:
No. 1 i white 3.75 crate: root 65-S0c
dozen: hearts 2.00 dozen bunches.
Endive No. 1, SOc dotcn.
Greens Spinach 1.60-2.00 orange
box.-, mustard 65-75c dozen bunches;
kale 60c crate; Swiss chard 50c dozen
bunches;, parsley 60c dozen bunches.
Lettuce 1 00-1 50 box.
Onions Green 7 0-7 5c doz. bunches;
No. 2. 2 00 per. So-lb. bag.
Radishes Red 70-90c doz. bunches.
Root vegetables Carrots S0-60c;
beets 65-75c; turnips 80-SSc dozen.
Sprouts Brussels 2 63 flat box.
Squash - Danish 70-75c per canta
loupe crate; Hubbard 1-1 Vic lb.
Portland Grain
PORTLAND. Ore.. Dec. 20 APf
Wheat: No futures quoted.
Cash wheat bidf: Soft white 1.45;
soft white excluding Rex -.46; white
club 1.46; western red 1.46.
Hard red ' winter: Ordinary 1.451i:
10 per cent 1.47: 11 per cent 1.50:
4 per cent J .32.
Hard white Bart 10 per cent 1.48;
11 per cent 1.49: 12 per cent 1.50.
Today s ear receipts Wheat 55. bar-
By Quinn Hall
- TJ. G. ASU&
- y
VOOR SOW
Portland
ley 8. flour 18, corn 8. oats 1, bay S.
millfeed 8.
Portland Livestock
PORTLAND. Ore.. Dec. '20 -(AP)-
(WFA)-r-Cattle: Salable 1500. loUl
1550; calves, salaole and total 200;
market active on most classes; steers
and beef heifers strong to 25 cents
higher; other classes steady; good fed
steers l3.uo-is.30. medium grades 12.75
14.00; common 9.00-12.00; commcnme
dium heifers 8.50-13.00; good fed heif
ers 13.50-75; canner-cutter cows 4.50'
S.00; fat dairy type cows to 7.50; medium-good
beef cows 8.50-11.50; young
cows to 12.00; common-medium bulls
7.00-9.00; good beef bulls 9.50-10.00;
good-choice vealers 13.00-14.50; good
grass calves 12 .oo-13.00.
Hogs: Salable 4000. total 4800; market
slow, steady: part of run unsold: bulk
good-choice 190-230 lbs. 14.00-25; 240-
270 lbs. 13.75-14 00; 170-190 lbs. 1&50-75:
heavier and lighter weights downward
to 12.25; good sows mosUy 10.00, few
10.25; good-choice feeder pigs 10.00-50;
some neid nigner.
&neeo: salable lOOO. total 1250: mar.
ket slow but about steady; few good-
cnoice trucKed in lambs
in lambs 12.50-13.00:
4
common - medium grades 8. 00-10.50; I mnanid th bureau nf aprim!
good shorn lambs 11.00; cull lambs mpaniea, ine Dureau Oi agricui-
downward to 5.00: common - medium I tural economics says, by a sharp
ZZnl ood. ew" 4 0O-5O:
QQlGXn iYlQrlCGt I
VaUOtQ llOnS
The prices below su Dolled t a in-i
fjf roc waicauve of the daily
mstrsraVT rtrfmm Msstf wr eMsrasK k Ok 1
lem buyers but are not guaranteed
by The Statesman:
Lettuce, doz.
385
2.55
03
1.00
.02
.70
SO
4.00
.60
1.50
Cluliflower. crate
. 2.25 and
Crook neck Si Italian sauaah. lb.
Turnips, doz. bun.
Cabbage, lb. -
Endive, doz. bun.
Radishes, doz bun.
Cantaloupes, crate
Carrots, doz. bun.
Celery, doz. bun.
watermelons, lb.
Peppers, green. Ib
Beets, doz. bunches
. 03',
.05
.70
Pumpkin, lb. -
'3".
Parsnips. Ib.
BUTTER, EGGS AND POULTRY
Aadresen s Baylor Price
(Subject to cka-ge withent notice)
Premium '- 4
No. 1 ' ju
No 2 o
BUTTER PRINTS
A , ;
B , ZZ
.4;
Quarters
47
.48
.43
5
.25
-8
EGGS
Extra large
Medium,
Fullets
POULTRT
Colored hens
Broilers
springs.. j
Marlon Creamery's Baying Prices
(Subject to ehaaea wrlrhnnt .
CGGS
?-"rge A ; : 1.,,- ,. .48
Medium A : aa
Pullets - J
POCLTRT
All hens
M
8
0
All springs
Roosters or. stags
Above D rices for orinu tr.ir txmtmr
aoraing o value.
,BU? "J? 5or,No 1 toct b d
on conditions and alaea rrnnrtMl
Spring lambs , 11.00 to 11.50
Yearungs ; 00 to 00
Ewes . 3 on tn A net
Hogs, good to choice grade. 170-270
lbs. . - 14 M)
Sows . t OO to 10.00
Top veal 3M
Dairy type cows
3.50 to I 00
. 7.00 to 00
- 7.00 to too
a 00 to 10.00
XI
Bee type cows
ulls
Heifers
Dressed
veal
5. I j n j
uiutna uuu Bunas r;6
STOCK AVEKARES i I
-LCCCIIlDesr n . I
30 15 IS SO
Indus : Italta lltil Stt
Monday 69 ;' 23 0 35 49 5
Previous day : 69 9 ; 13.0 35 49.9
Week ago 89.J ; 23.7 35 . 49.0
Monw ago. sa.i -: a.s 34 9 4S.3
Year 1 ago 60 19 0 3S 41JS
1943 high T4.S 27 4 3S.8. 53.3
1943 low 60- 1S.3 27.1 41.7
BOND AVERAGES ,
v
10
Monday
roen
" 63.2
- - WU U w
nr
J S3.1
S3.0
cck ago
Month ago
Year ago
82.1
53
143 nign
HI
low
. 53.2 i
-al.,:M;
DRH. CHAN ... I. A M
Dr.Y.I XamJM.D. Dr.G.CaNJ.
CHINESE Herbalists.
f- 241 Vnrfh f rv, . , "
Upstairs Portland General Electric
IS 1JH ta I n m . a r t n
sunatroa. Blood pressure end urine
ies ta are tree oc charge. Practiced
nnct wit
10 10
Rails Indus Util
77a 105.1 103.0
, m A ,
... a jvw.v v
, - IO 1U4.7
.. 78.9 103.0 105.S
64 3 103.3 97 J
78.7 103.S 103.4
-. 64.8 103.S 93.0
X-f
Land Boom -Causes
Fear
Farm Leaders
., Foresee Collapse
As in World War I
By OVID AI MARTIN .
W ASHINGTOIT Dec 20 -JF
Fears are beinexpressed by farm
leaders in and out of the. govern
ment that the land boom and Col
lapse pattern of World War 1 may
be repeated unless present trends
are halted,
Their . concern Is .based, they
say, ori the fact that the price of
farm land " is , one ; agricultural
price which has; not yet been
brought under control.
The bureau of agricultural ec
onomics has Just reported that the
average value, of farm real estate
for the country as a whole in
creased 13 per cent during the past
12 months.
That was saldjto be the highest
rate of increase on record oat-
side the boom year of 1919-20
av year daring which skyrocket
ins; farm commodity prices -led
countless farmers and non
farmers to participate In a mad
scramble for land at any price.
Values on November 1 this-year
were said by the bureau to be 44
per cent above the 1933 depression
low and 38 per cent under the 1920
inflation peak. While the increase
for the count r as a whole was
3 per cent between July and No
vember, increases as great as 6
per. cent in a number of Rocky
mountain and Pacific coast states.
And the bureau says land pri
ces will advance further in 1944
unless measures are taken to con
trol them.
Various measures for govern
mental control affecting the farm
real estate market have been dis
cussed during, the past year. But
it was not until lately that the
problem was taken seriously.
Among the measnres suggest-.
ed are limitations on mortgage
credit, taxing of. speculative
gains or profits made from the
resale of farms, taxing of land
transfers," and . control of sales
by means of a. permit system.
The high level of farm activity
1 and price increases nave been ac-
drop "1 foreclosures, a rapid de
pieuon or exnausuoa oi zarm real
and a growing interest among non
I a oa ncua uuuu( idiuici
m opportunities to buy land.
in most parts oi tne country,
the 'predominant forces opera tine I
m the land market stem, the bu-
'
reau trom "high commodity
prices, record levels of farm In
come, and a' large accumulation of
liquid funds of farmers, and pth-i
ers.
F. A. Massee in Portland
For Major Operation
MISSION BOTTOM F. A.
Massee went to Portland Tuesday.
He will undergo a major opera-
tion. Mrs. Massee accompanied
him and will stay with a friend,
Mrs. Harvey Toby. Her mother,
Mrs, Emma Kienner, is staying
with the Massee children while
the parents are away. Mrs. Massee
expects to "be home for Christmas.
Iegal Notice
NOTICE OF FINAL. SETTLE
MENT IN THE CIRCUIT
COURT OF THE STATE OF
OREGON. FOR THE COUNTY
OF" MARION. PROBATE DE
PARTMENT. In The Matter of The Estate of
HALLIE S. NOYES. deceaseds
Notice Is hereby given, that the
undersigned, as Administrator of
the estate of HALT, IE S. NOYES.
deceased, has filed his final ac
count in the above entitled Court
n d that- Thursday, December
Z3rd, 1943, at 11:00 a. tru in the
Court Room of the above entitled
Court has been appointed by the
Court as the time and place for
the hearing of objections thereto
and the settlement thereof.
HAROLD W. NOYES
Administrator of the Estate of
HALLIE S. NOYES. dix-nvd.
K. . BENNETT,
Attorney for Estate.
aie or iirst publication: . No-
. iate 01 last puDiication: De-
cemoer zi, JS43
- v
- .w-6-iJ.Y-l-ZI.
UAIITED!
GiiummiG
AND "... .
EGGS
HIGHEST CASH
PRICES
Curlys Dairy
FatrtToanda Rd. at Hoed
- -rhoBt g7gg
AT FIRST
USE
m
N C
f y-S l 4 I J
n u
V7
Golf Ball Shortage
Warned in Portland
: PORTLAND, Dee! ; 2fP)
Portland golf course managers
warned last week that there
will ,be few : usable ' . balls by
spring unless ' a large supply ' Is
turned la this winter for repro-
CSsdugV : .. . T"v-. ; '
; Sporting goods retailers re
ported 5t per cent of the pre
war balls have vanished and es
timated enly 39 per cent would
: bo left by sprinr.
Fall in Home .
Causes Injury
DETROIT '!- Mr. and Mrs. Rich
ard Phillips and daughter went
to Mehama to her: mother, Mrs.
Nettie Downing;, who was injured
last week in a fall down the base
ment stairs.
Friends of Mr. and Mrs. Ed
Loners have learned the latter has
improved in health considerably
since moving to Seattle. He . was
the district forest ranger here for
about a year and a half. .
HELLC. AND DEM M3f AMJDDM MfllA
WOD ML EVENN.
SCORCHY SMITH
BARNEY GOOGLE
MICKEY MOUSE
THIMBLE THEATRE
'ASXXPlKJgfV.AND THE ElECTGO-gOK AISOS
TWjJi489 WEAK
I l SUSPOSE WOTICE
r , t rWT ASM0UKk AS
ASSUMIM SCO CAM vAM1 THEVS 7 I OSTER BE?
SHOOT BETTOR BECAUSE T AOTtCRREASWG J M "
VOU HAVE OWE EVE, K LUHV Hf MUST. 3 ' JP-O
THERE'S AKKJTHER REA50W 7- 1RJ . PcP
YOU PROMISED TO 6ET RJO OF
THAT LITTLE BRATS D06.7ER0.
MY WILO WOLRS JUST A
WOOLY WHiriz LAMB-J
LITTLE ANNIES ROONEY
MAYB8T I CAN FIND THE FOOTPRINTS I
MADS WHEN I CAME TWXXH4 HERE.
1
'rv.
THE LONE RA17GZ-1
3 FL 13 4 Fie
4Fl.b G FL. 90 c
S:s Fern Siro v (
Rye Advances
Leading Grains
Offerings Scarce
Iq All Pits;
Wheat Price Good
By i WILLIAM FERRIS
CHICAGO, . Dec. 20-i1-Rye
led a good advance la grains to
day, deferred contracts moving to
new seasonal highs in, a market
distinguished by a scarcity of of
ferings in all pits. Wheat, oats
and barley advanced a cent or
more, December wheat rising to
its Dest price since 1923.
There was no specific news up
on which to base the upturn, and
traders attributed it mainly . to
"inflationary psychology.". Agri
cultural economists at a leadincr
agricultural college, Purdue .uni
versity, reported that "the infla
tionary forces underlying the US
pnee structure continue to grow.
Mills were modest buyers of
wheat 'and eastern commission
houses were active in rye.
In the cash market, No. 2 dark
if.-. Ain rr cm mc
r-r i-w ...i
JJMI-KCUMSLC7 WV;
f YOU POOR FOOul I'll)
NOr LISTEN TO YOUR
PREACHING. )P YOU
rM ICAI Uuni I
rsr 7:"?r?
I tgJJ-Vfc tout
IM NEITHER
SQUEALING
NOR
PPEACHIN6
TONTOi LOO AT 7WATTHE 8ASE
m iia tifHd wvyttfr J w 1 J- S
TVSJ CaOUNOOng M6 A AAATCH!
CUT A ORfisTTAL ftjay
&fei!nis
hard winter wheat sold at $1.74i
a new high since 192S. - Wheat
closed. 1 ft higher, May
$1.67 tt, oats were unchanged to
ltt higher. May 60ft, rye was
ahead ltf-2, May $126-$12SV;
and barley was up l'A-1, May
- : Continued heavy utilization . of
wheat was shown ma decrease
in the Visible supply last week of
1,182,000 bushesl. Visible supply
toUled 119,651,000 bushels against
204,661,000 bushels a year ago,
The Commodity Credit corpora
tion announced purchase of 1,
750,000 bushels , of Canadian
wheat last week.- A steamer with
213,000 bushels of V wheat from
Canada arrived here. -
There was -some buying of
wheat early on belief a govern
ment crop report due after the
elose would show poor prospects
for the 1944 winter wheat crop.
The estimate was for 526,957,000
bushels compared with. . 529,606,-
000 bushels harvested this year.
The condition of the crop on De
cember 1 was 69 per cent of nor
mal against 88 per cent a year
ago. Traders said this confirmed
reports of insufficient moisture in
the southwest. ,::: ' , " j
wwwvd vjkw rum
A-rr-m "VI f.
. . . jun
1 .
1AC
WOULD YOU AArytvoNa.X
A
It BUT IT rSXlT 1 II TT ALSO UU7DttJ I
I
i
J
lAUUArT-.EcVrs,ME -PSaAcri j2
IUSESOU THA'STHe
TCSCZ. -a KEAaK
THAT iX S(A KlM TI
Trg OLDER I SAM.THE MOPE CPMpi)
REASOKI
1 ' 1
1
i
1 173 S. Li
DYNAMITE! BAH!
I MONGRELS LIKE
V l YOU AN0 2R0
- BUT YOU'RE (PONT FRIGHTEN
FOOUNO WITH - ME-f'
PfNAMITE ! J
u
I
LOOK AT THAT AvHAT
THERE'S A SJ DOES "
0RAPT BENEATH 1 THAT
THE- WAlO-i -VfAEAN?,
Cash In A Uarrj .
A Pergonal
Loan ; i ;. ;!
1 1
Vlfyimm 'vfM naif mmim '
- quickly, come to us for
persosuU loan. We will
be j happy to extend a
! loan to you without de
' ' lay lit- a loan you out -'
repay easily ew a
period of time.
rr HMtr la a Barry Sea
Sikia Fizsnsa Co.
S12-X2S' Guardiaa Bids.
, Corner Liberty SUM
- Telephone ! '
- tlCS ! V
Lie, S-216 M-222
We are always ta tke aaarket
tm key er CASH steal Estate
M arte axes aa4 coatraeta, Mrr
chaadise Discesn rapes aaS
Netea. ,
' : SI
SWITTEN ft f MAAHWUM KVTr TOO 1
fTHEWOCDFOS If fXlCN0W WHETHR
0RCwy r A - TO BE MAPPV
Sw . -ii : f e. . . . v
fv . I
GLORYOSKY! YOU MEAN
ZERO KIN GOMjE RIGHT
INTO THeSCHOOLROOM
WITH HE r6Eg, TERO,
NUWT13UXL 6 AN
- EOUCftTEO DOSA
r
.
LOOK THERS
ANSWER.
1
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And; Over
-fill Ml - -J I:
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