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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (May 16, 1947)
10 The Statesman. Salem. Oregon. Friday. May 16, 1947 i Stock Market Makes Timid Recovery Try NEW YORK, May 15-i4"r- The stock market today got a selective foothold on recovery although de mand was notably timid and many leaders bid -little or-nothing on the comeback.- 1 The revival was attributed mainly to short covering and buy in, by professionals! who felt that three ruartivf threats to withhi rechinjj distance of last OtU tier's bear market j low entitled the lit - a technical rebound even it th downswing was to be resumed later. Mild inspiration was derived from the John I Lev. s agreement to negotiate cohl mine differences. Transfers of 770.0O0 rharcs compared torith 1, 50.000 Wednesday. ; . The Associated Pre 60-stock composite was up J of a point at CA.5, its Jirst advance since Sat urday. - Allied Chemical added 2V4 at ICS's. Eastman Kodak 2 at 2347 American Tobacco B" 1 at 66', Standard Oil (NJ.) 1 at 67 la, Union Pacific 14 at 125, Mont ctmi7 Ward 1 at 51 . Douglas Aircrcit !'t at 59 'i, and Ameri can Smelting 1 at 50'. Thirti Ave nue Transit was up 1 at 44 fol lowing election of an cppotilioii sUle of directors. i American Telephone, i Glenn Martin and Santa . Fe bit; bottom lor .1947 with minor recession. American Sugar Refining, lost '2s fct 35. '.!- RECOVERS FROM OPERATION TURNER Mrs. Horace Ray is much improved after undergoing a major operation in a Salem hos pital Um week. Mrs. Ray is the, former Thelma Peebles. . I'ort'aqtl rrmluce PORTLAND. Or.. May 15 (API Buttrrial tentative I subject to im mcdatc ctwocrc). premium Quality nuiniim of K of 1 per cent actdity ol:v-rtl in Portland. 7-?0c lb.: first cualify 6-Sc lb.; second quality (1 5el vail- routes and country - points 3 cents less than irt or M-C7c. Sutter Wholesale FOB bulk St Ik. cubes: Grade AA, S3 score, C2c: A. ti score. Sic; B. SO score, SSc; C. M score. See. ' - Cheese selling price to Portland noJe$airs: Oreson singles 35 -52c; Oeeoo to 38',-ic Ccrs To hoealers- A frsde. Ssrfe. S2-53c: medium. sS'.-Wic: A stsde tmall 41! ,c. B grade, large. test Purchased from farmers Cusrent moots. 44-J0c: buvcrs'psy 3-3'tC below wholesale quotation en erased b for best hennery lrv ehicktcs Paying price to pro Queers; So, I broilers under 3 lbs, 2Sc:rrs. 2 to 3 lh , 3-3Se; roasters. 4 lbs. an dover. 3-38c: fowl. Leghorn, under lbs . 20-Zlc: 3' lbs. and over. Z3-Sc; colored all uelghts, 33-34c; stag. -eshU. 12-14C. Sabetts Average to retailers. 4SS2c tb dressed; prices to producers, 43c; fryers, hve. whits. 10 24c lb. colored. li-2lc lb Onon sreen local. mid-Columbia. C-e e, dos. bunches. - - Onions, dried Oregon yellow. No 1 3 tfc-hes and larger. 3.7S-3.00; med ium. J 65-1 5S: Texas white wax, 4 00 4.25; sale to Jobbers, common storage 14A-145; cold storsse 175. Potatoes-steady. Oregon-Washington rus.t. No. 1' per est 3 "5-4. Hsker. sue 456-4 70 No t 310-325: No. S 50 In t-ieS. IS lb SO-65; Deschutes No. 2. 50 lbs. 1 25-1 -30. new crop; Texas Bliss Triumphs. SO lbs. 3 15-3 50, Calif -No. i tons while. 100 lbs. .sacks 3 SV-4 00; truck sales. Calif . long whites Dressed meats Vsal Light, top euahty. 35 -.16c; heavy, top quality. 28 auc; B. IS-ic: C. Z3-Ic; cull. 1S-30C; xc block butchers. - packer style. 125-ieO lbs. 33-35C-. ever 213 lbs. 31 -32c 1c, sows, all U, 28 -34c lb. Lambs, best grade. 35-17c. others according to qual ity : A, r3-3c: B. 34-46c; C. 28-30c; uUty; beef best quality. 33-35C; B. 2i-2c; C. z2-24c; canner and cutter. lS-ne: bologna bulls. 25-2c. Caw-srs bark Green. S-S'ic; dry. 20e. sVool Valley, coars and medium grades., 42-4 J c lb. Mohair 4oe lb on 12-month growth. Hay Wholesale rail shipment: Green liaU. No J or better. S35 00-S3S.UO ton: No J -timothy. S3S.OS-3S 00; oats od vetch. t22 ro-7i BO ton. depending upon equality; clover hay, uncertified, baled on farms. 172.00-27 00. Ginby Apiarist tot Work at La Grande 1A. M. Camp, Canby, former Multnomah county apiary inspec tor, Wednesday was appointed entomologist's aide and assigned to LaGrande by the state agricul ture department, He will survey Insert and nlont iIIimm nrtrl mn auct apiary inspections in uma tilla. Baker, Wallowa and Union counties. . . ; ;;. .- The department also appointed Glen S. Gamble as Multnomah county apiary inspector. j Grains Close Low on Board . CHICAGO. May 15-iip)-G ruins mostly closed lower on the. board of trade today after a session of wide price swings. Sharply high er under the leadership of May wheat in early trading, the mar ket dropped quickly on . profit tikinc during the latter , part of the day. i Wide gyrations in the May wheat contract attracted roost at tention. This delivery was up Hi cents ut one time, or 24 cents higher than earlier this week. It tstabwshtd a new seasonal peak at $2JB5. compared with $2.80 on March IK, which was the day the now expired March contract soar ed above $3.00. ' At the close wheat was Hi to 2 cents lower. May $2.76-$2.76, coin was 4 lower to k higher, May $1.734, and oats H-T's low er, May 934-. Portland Grain PORTLAND. Ots.. May 14 (AD Whest futures not quoted. Cash grain: Mo. 1 flax COO. ' Cash wheat (bid): Soft white J 40; soft white lescluding Res) 2.40; white club 2.40; western red 2.40. ' Hard red winter: Ordinary 2 40; 10 per cent 2.42; 11 per cent 2.46; 12 per cent 2.54. . Today's car receipts: Wheat 37; bar ley S. f lour 2: corn oats 1; millfeed 8. Salem Market Quotations BurreRrAT Premium No. 1 No. 2 Pries PRir'lS Wholesale Retail . . rGOl Bayiag Extra large ..,,; ,,. Medium and standard Pullets, cracks . FUGS. Selltne Pries Wholesale.' Urge Mediums POtLTRV Colored hens. No 1 No. 3 Frvem . . LIVESTOCK (By Valley Pack) Spring lambs up to ISM 6 wooled lambs 194S shesred lambs Yearling , Ewes . fat dairy cows Cutter cows Dairy heifers Bulls 11 00 to 2.00 to 12.00 to 8 00 to 13.00 to 12.00 to Calves (300 to 450 lbs.) 10 00 to -Veal US0 to 300 lbs.) 12 00 to M .63 .61 .04 -69 Jl .47 JO JS5 Jl J2 ?S M 19 50 17.00 13.00 12.50 13.50 11.50 16.00 17.00 21.00 24.00 Stocks and Bonds (Compiled by the'AOTorlnted Preiw) Msy IS STOCK 'AVERAGES 30 IS Indus. Rsils Thursday : .... 5 8 2 2 Previous day SS 1 . 29 0 Week ago .. S7 6 30 5 Month ago H O 30 S Year aro 107.8 46 1947 high 04.6 3S.S 1947 low S3J 29.0 New 1847 low. , BOND AVERAGES 20 18 Rails Indust. 12' 1034 IS Utll 41 a 41J 42 S 42.0 542 47.2 41J 60 Stks SO .8 602 2.0 61J 79.3 69.0 60J Thursday Previous day Week ago Month ago Year aso 1947 high .. 1947 low 91 4 92.9 83 6 .IMi 97.1 til 103.9 103.8 103.7 103.8 104.2 1034 10 10 Util Tor'n 105 4 73.S 105.4 105 4 105.2 107.8 103.7 1044 73 9 74.4 75.1 784 768 73J Wko'duseanhouT'gUssto ulltime?Awatchisthe i modcm'ayand- Laundering with Cta TifOortt-5 L m u Drood of yow aundry' ZZi color-fast cottons crw j vTon exdusiv paenta rfismf ects. 4 IMAU U .L.t j n ski wvii rwvscaoia vjeaneT "5j sove you time, work, energy. It Wipes away dirt, greose... qutckly, eatily . . . from wash able surfaces. Excellent on automobiles! At your grocer's. Amity Man " Now on Navy ' Magazine Staff AMITY Lamar Aldridge, son of Mr. and Mrs. Sterling Aldridge of Amityj has been appointed staff cartoonist on the navy's official publication. Sea Horse. The as signment:; carries with it a first class seaman rating. He was staff artist on the high school 'paper, "Amity Inklings." While attached to the San Pedro base," Aldridge has been taking special instruction in this form of art Cement Output Stalled Awaiting New Plant PORTLAND, May 15HA- The cement shortage will ease, distrib utors predicted today, when Ore gon Portland Cement company completes a new Oswego plant this June. - . . . The plant will triple production. At present, cement is so scarce one , firm answers its telephone with "No, we haven't any cement Good morning." LABOR ASSISTANT ADDED -Walter Leth, Polk county agent reports that a' new farm labor assistant has been added to his staff to handle farm labor problems including recruiting and placing of farm labor in Polk county for the remainder of the year. He is Ned Crow of Fair forest, S. C, a graduate of Clem son college where he majored in farm crops. , VISIT GARDENS DALLAS The flower study class spent Monday in Silverton visiting gardens. Mrs. Ross Wins low conducted the group through the Cooley Iris gardens during the forenoon.-Following lunch at the Winslow home, the group was taken to the Dr. R. E. Kleinsorge garden where Iris hybridizing was explained. Other gardens visited during the afternoon included: Mrs. Laura Ames Allen, George Hubbs, Earl Adams, Mrs. P. L. Brown, Lowell Brown and R. A. Fish. ... Pritzlaffls Made Secretary SILVERTON Henry Pritzlaff, local lumberman, was made sec retary of the Silvegon Chamber of .Commerce Tuesday. He re; places M.'G. Gunderson who has served for 20 years. Announcement was made of the Barbershop Song contest at For est Grove Friday night to which the Four Norsemen quartet will be sent. Southern Pacific com pany was asked to repair its crossing, and the state highway commission to provide overhead lights on the incoming state high ways such as East Hill, McClain and Pine street. Standing committees named by Jack . Spencer, president include retail trades, C. H. Weiby L. F. Tucker, George Weisner, Mike Hannan, Cliff Almquist, Gus Herr, 1 Frank Peary; housing, Robert Duncan, Earl Adams, Wil liam Bloch, Lloyd Lars en and J. C. Morley; program, Oscar Ed lund, Victor Sather and Lloyd Fry; luncheon, John Main, Oscar Edlund and Frank Porter; roads Dr. P. A. Loar and O. E. Royer; legislative, Alf O. Nelson Lowell Brown and Reber . Allen; indus trial, E. W. Ross, Charles Leon ard, Christian Petersen; member ship. Earl Adams, Cliff Almquist, Gus Herr, Frank Porter, Howard Mann and Robert Duncan;, public relations, M G. Gunderson, Opal Roop, George Manolis and Earl Spencer; municipal affairs, C. Pe terson, Mel Bradley Burley How ell and Norman Kolln; education Earl Adams and E. W. Rofs. Norway Labor Conciliator to Speak Monday Problem of labor relations, and the methods he used in keeping Norway strike-free since V-E day, will be expounded here Monday right by Paal Berg, national con ciliator for labor-management in Norway. His-talk will be at Les lie junior high school auditorium at 8 p. m. Al.so on the program will be two vocal solos in Norwegian by a I2-year-cl4 Salem girl, Herdis Michelson, who has just returned from a visit to Norway. She and her mother. Mrs.; Ole T. Michel son. 3350 Portland rd., spent the pat nine, months visiting rela tives. Berg, a lormer chief justice of the ScamJ'navian country's su preme court, was leader of his nation's underground resistance during the war. After his arrival here Monday morning, he is to be introduced at the Salem Cham ber of Commerce luncheon and is to be taken on a tour which will include Silver Creek falls, in com pany with justice and labor of ficials. Serving on a sponsoring organ ization committee from Thor lodge. Sons of Norway, are Mrs. Louise A meson. Nels Tonning, Al Moon, Paul Hatch ford and the Rev. Roy ; Fedje, all of Salem, and Edwin i,Overlund of Silverton. Other clubs cooperating for Berg's appearance here ars Rotary, Kiwanis, Salem Lions, Salem .Trades and Labor council, YMCA, Soroptimists, Sa lem Chamber of Commerce, Jun ior Chamber of Commerce. . WITH DAUGlTTEat AUMSVILLE Mrs. A. E. Brad ley spent Mother's day with her daughter, Leota Bradley, at Eu gene." ,. :' - 1 EXCLUSIVE STYLES g lit Edgewater - , West Salem g DDESSES GHEATLY IlEODCED! We offer yea the chtlce f war fresh, emeloslve ateek ta this g great clearance of dresses. .-... - y Group 1. Was 22J50, Now..;I -14.75 Group 2. Was 24,95, Now. .... ... -15.0O l roup 3. .Wag 29.93. Now....... 1 9.95 One Group of Dresses UirN (( )(( Reduced to a BLOUSES SQ) Sffft Sizes 9 to 50. SPECIAL i q2 JJ See our regular stock of attractive Suits, Wool Crepes and Gabardines in sizes 9 to 40. 8 Hours 9 A. M. to 7 P. M. Daily Nell M. KnitteL Proprietor :iai&(, rJ$pSL Hoars, t:3 i. 8:30 P. M. Pally V ,.) XWw j tS 0 CiflSES :30 UIP, M. Friday ' XXwV ZJ ( C P1 " 42x38. typ v wy yr ) lined Draperies Vv" 0' I 36" Floral pa ttorn. A' afT V tv- Roao, win or bluo. III II II I Novelly Sail and Pepper Shakers Bo?. &9c to 1X9 OOfi Now8-Sr Dulch Oven Efficient CeofeJas: Ber. S-69 1.49 Fnrnilcre Polish Block BamoT Scratches on dark Fumituro R9. 50c Now V-Type Clothes Dryer Takes up Small Spaco Rag. 1-89 ; CQA Now , ., SrW' AU-Fcrpcse Cleaner Gallon Size Reg. 1-39. Now 490 Girls' Coyercdls. Bluo Cham bray. SlxM 1 to 5. Regular SpodaL . 1 Men's Canras Dock' Shoos. Crepo rubbor solos. Beige and Brown Q Q colors.... ss? sWO Rayon Panties, circular knit, lace panel sides. Brief or Pantie style. Rtgu- FA4 Jar 1X0. SpedaL O Black Rayon Sheer Half Slips. Regular AQt 1.98. SpeciaL.. VOV Pillow 'Tubing. 45T typo 128. Yc 48x50 Luncheon CI o t h s . Rod. Green or QAa WHte..ji.. &Zjr aSs '9 48x68 Luncheon Clothe Truit design. , Charmode confidence In a Safin elastic girdle Sta-up top sidepanel 2-way stretch Power elastic. Up and down stretch back. - A A Reg. 5.98. Special O O JrI boys' Wash., Trousers. Sanforized, Blues and Tans. Sizes 4 to 10. Regular Sperial . sB. B4'-" Style and play 4 QQ Shoes, reduced toi-iiCJC-' Jr. Boys' Bib Trousers, fully Sanforized. Sizes 8-7-8. Tan only. Regular 98c fBt- SpeciaLL OV Boys' Suspender longies. fully Sanforized: the deal for Bummer wear. Tan only. Size 6-7-8. Regu lar 1.98. Special.. 980 Ladies, Men and Children's Slippers. Regular up to 2.69. OOii 4 -00 OOVc Special Ladies" canTas Blue, Beige and Red....... 'and O x fords. 2.59 Girls' Blouses. Assorted col ors. Regular 1.98. F(A Special. I Boys' and Girls' Overalls. Size 2 to 6X. Reg. sTQ4 129, Special Rayon Baby Sweaters. Very special value. Reg- A Or ular 1.19. Special. Two-way Stretch for the Short er Co-ed flrare. Ltex elastic front and back panels, elastic sides. Zipper closing. Sites XI to 30. Recalar S.98. O QQ Special.- OaJO Boneless back foundation. Front lichtly boned, adjusta ble shoulder straps, elastic side panel. Four adjustable all elas tic carters. Regular Qfi 1.98, Special. .. s-asVO 4-light Drop Fixture for Liv ing room or Dining room. 18" frosted glass bowl. Rftgular 12.95. Special. Collage Sets Permanent finish .Or gandy. Regular 4X8. St- Q0 Special mZJ& Hen's Sweaters All wooL Brown or Tan. 7.95 5-light Chandelier chrome and white for Living or Din ing Room. Regular 14.98. 12.98 Ilarqniselle Panels Cotton. 35x72. Regular. 2.40 pr.' flf SpeciaL pr. . iDU lien's Sweaters All wooL Bright ccl: ored designs. Regular 4.98. SpeciaL. 2.98 Special Yard light or flood light, weatherproof and adjusta ble. Regular 6.50. Special 4.95 Health lamp holder, swivel type, on and off switch. Regular 7.95. C OC Special JiJJ Sash Curtain Alternating c u s h Ion dot. Red or green. Regular 1X9. SpeciaL.... 79 Shirt and Pants To Hatch Mens Ccticn Twill, Reg. 8.69 set Special. set. Porch light Ceiling type. with black base and trim. Regular 4.S8. Spedal 2e98 Chicken Fryer High Do Me All Alum inum. Reg. AO 3.75. Now - GmmZtO wobk snmTS Men's Cotton IlanneL ttS149 Electric Juice extractor. Stur dy built with on and off switch. Gleaming white or silver grey. Regular 15X8. Special 10.95 Flameware Assorted Pieces Reg. 1X5 to 1X8. Now...; 99 Halicnals Tan Coveralls &!i4.69 ( IT TNI MARUS Of C1OI0K - an