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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (May 2, 1948)
I ? I f ;5 I I " -iTae Slot man, Scdom. Oregon Sunday. May 2 IMS Parents See Pupils9 Work at Open Home -mi r 'ru:j 5 A:- "-'-.W J "ilT ' l I . . WMflWwiwWy oyswwoowosssssw immmmmmmMmmmmmmmtmmmmmmmmmmmmmmmm immmmmmmmm. vow o o us WW ssnTI l 'M '"' i ; Profit-Taking Clips Stocks NEW YORK. May 1-WVProflt-Uklnf and ttrlka threats clipped the wind of the cprinx ctock rally thii weckf j . ; The markefa setback halted a rise that had progressed through six successive weeks of trading. Security prices were depressed by.the telling actirUy of. thoaa traders cashing in on long-accumulated profits, and by the set ting of Mar strike dates in the railroad and automotive industries, t After a sharp dip on Monday, the market established a narrow pattern that! held throughout the other five sessions. Under it. back ward tendencies prevailed in piv otal industrfial shares, while se lected favorites mostly oil, air craft and rati stocks climbed. The Associated Press 60-stock composite dropped .1 of a point today to clqse at 67.1, where it was off J9 oh the week, its first weekly loss j since March 13. Of 748 issues traded in the narrowest Saturday session iiiu th enm date, declines numbered SS4 and advances 184- Transactions totals sah nnn shares in the smallest two-hour market since March 27, and com pared wiin soo.ooo a week ago. Grain-Market Losses Posted , CHICAGO, May i-P-A fore cast , for rain In western Ksnss and Oklahoma, where wheat has been 'deteriorating from lack of moisture, caused selling in wheat futures today. Early gains were wiped out and losses posted. The selling In wheat weakened corn and oats. j - Wheat on the board of trade closed Va lower. May $2.42 Vi W. corn was onchanged to 1 lower. May $2.19-2.19 V4, oats were fs lower to higher. May $1.09H M, and soybeans were 2 to 3 cents lower. May $36. If the rain comes it will Jail in those areas needing it most grain traders said. During the session good rains were reported in north western Kansas. I Lars . , Medium , Pultets and cracks . POlfLTBT Nb 1 colored hens No. 1 LoKtoera bena No. 1 coL trjrera. S lbs. up Jit A at At No. I coL rrrota,' t'.4- lbs. J No. 1 eld cocks i J4 LnrtwtTOCBV (By VaOey rack) Sprtns lasabs j . Bp to SUM WooUod lambs, cboiea j 2XM rrosh shoarod lambs ; - - ilM YrUnts i -- up to 1S-M Fst daiiT cunor Dstry lMttsrs BUliS Salem Market Quotations BUTTUFAT Premium No. 1 No. 2 PRINTS Wholesslo Retail IOCS-Bayln ) Lome Medium Pullets and cracks BOGS ( Wholesale ) M .1 M M 30 .4S .40 At one of scTeral Sale as distrfd school open bouse programs this week, proud parents and their beasa lag children tovred Hlg-daad school to Tlew dispUys of students' work. Shown a bore in the fourth grade recast are. left to right. Mesa Lee Besellns; Carole Wkffot; Mrs. Everett lose tins, 27 1 3 N. Ub erty st.j Jamo WUglaa. Mrs. HaxoU Wlcgina. Xt BLtter si.; and Dlxio Aaaes. daaghter of Mr. and Mrs. SJaalcr Aaoea, 27S9 N. Liberty st- looking over Carol WUcslns' swan paintinx at the left. A mineral Is ea the tabfe. Oregea history waa represented by a soJnlatare circle easnp of prairio aaade by THrhlsnd school third graders. Shewn above at rurbi la Jimmy McXinney. t. son of Mr. and Mrs. P. B. McsUausey. US Locnst st. at left, telling his parents hew he helped to make one of the eerered wajrea. (Photos' fey Don Dill, SUtesanaai staff nhotoTapher.) Cajolinc Sales Set All-Trme State Record Oregon gasollno sales in the first three months of l?4g reach ed 93.4S3.000 gallons to set an all time record for that period. Sec retary of State Earl T. Newbry announced Saturday. This figure Is T per cent higher than a year ago. Gross g 000 line tax receipts were $4,672,651. Gasoline consumption by motor vehicles was enough to roll up 1,120,000,000 miles of travel. ! Fur Shop (Open Evenings by A ppointment ) STORE YOUR FURS In a Modem, Insured and under-' ground vault in a new building. Spe cial sealed vaults have been in stalled and are fully air conditioned. Attention Have Your Fur Coats Hollander ized" Boxobay Lcanb Coats i (Restored) Natural Grey Persian Paw (Retiped) 1 Gray Persian Lamb (Blued) Egg Shell Carcul Coats (Restoring & Greyed) Natural Gray Eld Coats Black Persian Coats j (Retiped) (Lustered) i Alaska SeaL Hudson SeaL and Sealln (Re topped Like New) The new 1948 Lines give greater emphasis to the sleeve fitted shoulders. Restyling, reblocking of all furs during the spring and summer months at moderate prices. With the first Crisp days of Fall Your Treasured Fur Coat will appear in faultless fur fashion. HAGERS FUR SHOP Phone St7 122S 8. Commercial St. ( ft: i .-5-i V B Ss asW - ' -- - V - w .jS-ot ' " - v - C - A : - ; l ' t . m m , -m m, H II .1 J I - I I If I, ii . 1 V r . wi n- -ii-umm m a;i WASHDAY j ! ; ELIMINATE H Bendix Washer -fa Bendix Dryer Gas or Electric Bendix Ironer Friendly Terms Salem's Applianco Center 355 Center St. i Phono 4MB! i i J55 N. Liberty Telephone 3194 ) li! ShopTU 9 pjn. Every Friday Nite! Save money during Wardo great May Blanket Sale COMPARE THIS BIANKUT WITH ANY jsaUNO AT 17.93' Words best Fleecydown quality made by a famous manufacturer of iine blanketsl Fully Ya lbs. of virjin wool wtiha deep brushed nap oyer a closely woven underweavel SY' rayoa satin bind lng. Yellow, peach, areen, blue, rosedust. white. Giant 72x90". i. . . - WARDS 4-LB. VZSGIN WOOL BLANXET SPECIALLY PB2CED! 1 ; 4 13 satecdeii C6me and see this superior' all rirgin wool blanket,' feel its UuckVj bouncj nap and you'll know it's a real buy at this prcel Your choice oHoTelj pastels t blue, peach, rosedust, yellow or t irquoise irith a" matching rayon satin blndina;. For sleeping com "ort it's 72x90. : u :" f-. - ; 'L. --.v ' "i'.-c -V- WARDS NSWSMAKINO 3 LD. ALL VUGIM WOOL ELAN'XET I! 1 Absolutely no better '3k lb.hlanket ln this price range is woTeo in - 77 America loaayi v quauryj-wyo Yirgin woot wiui una uoorr- j - ; - weaVe, resilient nap. In pretty eorsTgreen, rosedust, blue, peach i j ! 'yailovithiie&a ; - LOS to 18 PS ' UP to 190 to to 18 XJ ls.oa to ti , CsJ-ea (3oS to M lbs.) up to J M IS , - I I'- , (.- J t V - r This We ek s i! i ? ! f 97. 50, tocliily 'paywentas : s teae EXTLAcnrrr assuszd - 4 ; $ ? j ' 5 ; i.