The Oregon statesman. (Salem, Or.) 1916-1980, April 22, 1949, Page 6, Image 6

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    fTh CtaWraaat, Salem, Ofgoa. Friday, April 22. !S4t
Now York Stock Quotations
.NEW YORK, April 21 Today closing quotations:
American Can 92
Am Power it Lt 10
Am Tel Sc Tel.. 144
Anaconda 30
Bendix Avia 32 V,
Beth Steel 29
Boeing Air 21
Calif Pack ... 33 Vs
Canadian Pac 12
Case J I 32
Caterpillar 51
Chrysler . SO
Comwlth Sou -Cons
Vultee 1i
Continental Can 33 V.
trewa c ti
Curtis Wr 9V
Douglas Air 60
Dupont de Ne....l8V!
Gen Electric
Gen Foods
Gen Motors ...
Goodyear Tire
nt Harvest ...
tnt Paper
Kennecott
Libby McN Ac
Lone Bell A ...
Marct Ward
Nash Kelvin ..
Nat Dairy
N Y Central
Northern Pac ..
Pac Am Fish ..
Pac Gas Elec
P T 4 T
Penney J C
pfd
Met
37 Radio Corp
4l Kayonier
58 V4 Rayonier
4 m Reynolds
24 U Richfield
48 Safeway .
44V4)Sears Roeb
So Pacific ..
7 T, .Stan Oil Cal
53!,
12
29 I
14
12!
31U S Steel
93 Warner Bros .
45 I Wool Worth
Sun Mininf .
rTransamerica
Union Oil
Un Pacific
Un Airlines .
12
23
ZU'S
32
20
37
40
63
18
9
11
30
79
12
70
11
45
Portland Livestock
PORTLAND. AtrU 21 AP -USDA
tut labia cattle 150. calves 25. market
fully steady early but competition ib
seJtnf late and cLoslns undertone weak:
f' truck lets averse good 1119 and 1158
h fed steers 23.S0; sorted with medium
erades st 2440-50: common teers down
t 21.00; common heifer IB 00-21.00;
Conner -cutter cow largely IS !-17.(V;
taw early to 17.80 with fat dairy type
cws of common grade up i-j 18 f oVJ.
vxi beef sows 21 00; medium-sood sau
sage bulls SO 00-22 00; food-low Choice
v-slers fuUy steady at 24 00-31 50. com
m wi -medium grades II 0O-23 00.
Salable hogs 300: market active,
.steady: good -choice 180-23- lbs Largely
S mi- few lanr haul hots not liwn:
ledHjm-BTMes 31 9U-I3. loaa-cnow
tfc-Ma lbs. 3QJ0O-OO: sows scarce; mee-
redl
-4-1
rum -good SSO-ftOO lb. weights 14 90-18.
Ort. feeder pics in limited supply; de
mand good; weights under 120 lbs. sel
a around 23.00-24 50 and above.
Ha table artp none; market nominal:
gxl -choice woo led Umba late Wednes
oW up to 24.SV; sood-chcrtce sLauehter
we salable 12 00-50 but late Inquiry
um urgent
Salom Market
Quotations
(Aitf UU yesterday)
Portland Produce
BUTTESrAT
Premium
ft: i jzzzz
pkints
Wholesale
Kstl
una fBajyta)
i Wholesale price ranges from
em', over Duylng price.)
r.K'u large AA
ire AA
rge A
liurri AA . ...
mtiurn A
ul lets
Crack
v,
to T
48
.44
4J
42
.41
JM
JO
rOl'LTRT
Leghorn hens
Leghorn bens
C Leghorn hens
Colored kens
Colored bens
24
1
M
n
.19
.33
M
.17
.14
Colored hen
Colored fryers. I lbs. and up
colored irver
Colored fryers "
A o!1 roosters
B old roosters 11
C old rooster OS
I IVESTOCK fcv Valley Pack
Spring Lambs. SB to 83 lbs 25 00 to 2 00
faring lambs. tS to 100 lbs 23 00 to 23.00
Wonted lambs, under 2
11m 22 00 to U 00
N-med lambs, under 110
Ib-t .
rf ling, under 20 lbs.
lings, over 120 lbs.
r.fJ diairy cows
utter cows
iiry heifers
-ft . -
:fcre. 300 to 4M lbs.
veal. ISO to 30S lbs.
21 08 to 22 00
IS 00 to 19 06
13 00 to 17.00
1. 00 to 10.00
13.00 to 14.00
13 00 to 13 30
is on to 19 oo
17 00 to XlJM
20 JO to 2S.0O
23.00 to 30 00
Stocks and Bonds
Compiled by Tfit Aenciet "Yens
STOCK
r April
ATEKACCS
21
Th'Jrvday
Previous day
wfek ago
Month ago ..
Year aco ..
New IPSO
20 if it as
Indus Ralls UtU arks
87.4 24 4 40 0 42 .8
H i 3S2 4SS S3.S
88.9 ' 39.8 40 S S3. 8
. . S 0 3S 1 40 1 83 8
.... 62 S 41.8 40 4 S7.7
PORTLAND. April 21 ( AP But
tr (Tentative, subject to immediate
change: Premium quality maximum
to J to 1 per cent acidity delivered
in Portland. sS-OAc lb.: first quality
SI-S4c lb.: second quality &-2c. Valley
routes and country points 2c Ises than
first. r
Butter Wholeale f.o.b. bulk cubes
to wholesalers: Grade AA, S3 score,
S2c lb : A. 92 score. Sle lb..- B, SO score.
SOc lb.: C. S score. S0c lb. Above
prices sre strictly nominal.
Cheese (Sellin price to Portland
wholesaler): Oregon singles. 3t
4S'ic: Oregon 5-lb. loaf. 41l-J0.c.
Cggs (To wholesalers) : A grade
large. SO-SO1 ,c: A grade, medium. 44
4S.c: B grade. Urge. 44l.k-lrC.
Live chicken (No. 1 quality f.o.b.
pianiii oroiier. under S' lbs., sr-zsc;
fryer. 2 to I lbs.. -3c; 9 to 4 lbs..
31 -3.1c, roasters, 4 lbs. and over. 21 -33c;
fowl :eghorns, under 4 lbs.. 25-2Sc:
leghorns, over 4 Ihs., SS-SOc: colored
fowl, all weights. S3-SSc; old roosters,
sll weights. lS-lSe lb.
Rabbit (Average to growers) : Live
white. 4-3 lbs., 27-29c; M lbs., M-17e;
colored. 3 cents lowsr; old or hesvy
does. 13-lSc lb; dressed fryers to
!nitrhr 7-Wp IK aI rnntA Ka irw
j ones. 3S-3Se lb.
rresh di eased meat:
Beef steers, good 300-800 lbs.. (39
3: commercial. 39-41; utility, $34-34.
Cows commercial, ; 237-39; utility.
$33-37; cenner-cutter. 434-35.
Beef cuts (good steers) hind quar
ters. S4S-53: rounds. S3 1-93: full Toms,
trimmed. S5S-39; triangles. S37-3S;
quart chucks. $39-41; ribs. $43-49,
iorequarters, $37-33.
Vast and calf good and choiee. $47
32; commercial. $47-49. utility. $34-4t.
Lambs. Good -choice, under 00 lbs .
S93-M: commercial. S30-S2.
Mutton: Good. 70 lbs., down. $28-31.
Pork cuts loins. No. I, 8-12 lb.,
$48-53.
Wool : Coare. . vslley and medium
grade. 45c lb.
Mohair: 30c lb. on 12-month growth.
Countn -killed 'meats:
Veal: Top quality, 43-44c lb ; fancy
lo 4sc; othr: grades according to weight
ar.J quaMtv.
Hog- Lir'-.t blockers, 29-31c lb ; sows,
light. 25-21 c lb.
T 7-c h : mutton. 18-22c.
Beef: Good cows, 22-37c lb.; can-ners-cutter.
28e lb.
Orvn: 50 lb.; wester Ore. yellows
No. 1 med . $2 00-23. Large. $2.73-3 00;
boiler. 1 in. $1.00. 10-lbs. boiler
10c. Idaho and eastern Or, yellows. SO
lb, med . Sl.40-30; Urge. z 50-73
Brown onion sets. 50 lbs.. $7.23 40.
whites. $8.73-9.00.
Potatose: Ore. local Burbank. No.
I t. $325; russet. Reschutes. No. 1A.
$45-40; 23-lb. No. 1A. $1.10-20: 13-lb.
No. 1A. 70-75c; No. 2. SO lbs.. SI 80-83 :
KU-nath. No. 1A. $4.00" No. 2. $lJSO-flO
New potatoes, fla. Triumphs. 50-lb
sks . No. 1A. $3.73-4 00. Idaho No. 1
4 40-50; No. 1A. $3.30-73; Washington
russeu, S-.SO-4.OO4
Hay (Following wholesale price are
strictly nominal): UJJ.'No. 2 green al
falfa or better, baled truck lot whole
ale. Portland. $38-39: U.S. No. 1 mix
ed timothy. S40. Oat and vetch mixed
hay. uncertified clover hay. S20. baled.
on Willamette valley farms.
Portland Grain
low.
BOND AVERAGES
2$
Rails
Tn-rtday 90 S
Previous day 9 .8
Wek ago 90S
Month ago 90S
Tear ago 90J
10 10
Indus. UU!
IOI 7 101 t
101 8 lot
lot . 8 104 T
10 11
1014 10S4
18
rorrs
72
ts
80S
si a
88.4
PORTLAND. April 21 (AP) Wheat:
No futures quoted.
Cash wheat (bid): Soft white 2.21
soft white (no rex) 2.21 ; white club
2 21: western red 21. '
Hard red winter: Ordinary 2.21: 10
per cent 2.22; 11 per cent 31 $; 12 per
cent 2.24.
Hard white 1 art: IS per cent S.S4.
Today's car receipts: Whest 48; bar
ley 5: flour 8; corn 4; -oats $; mil-feed
11.
A generation aao painters
bought colors, lead and zinc in
dry powder form and ground thorn
in oil thxouch hand nulls aa
needed.
DuBOW GOLF CLUBS
Rs9. Spedftl
On Set 5 Irons (ladies') ..: .30.95 170
One Set 6 Irona (mens') .. 69.00 39.00
One Set 5 Irons (men) .58.95 32-50
One Set 8 Irons (men's) .62.50 34.50
Two Sets 6 Irons (men's) 47.50 26JS0
194S Model Martin 48 Outboard Motor 0 Ci
Rer- 154.43. Special .LS79U
ALL SALMON EGGS V, PRICE
H I Uvel Wind Reel, No. 600-B
H I Level Wind Reel. No. 1870
South Bend Level Wind Reel, No. 750
Ocean City Level Wind Reel, No. 1600 .....
Ocean City Level Wind Reel No. 970
Pflueger Supreme Level Wind Reel, No. 3109 .
Pflueger Skillcast Level Wind Reel No. 1953 ...
Chief Uvel Wind Reel No. 1806
IIOLBCES FLY REEL
ARNOLD FLY REEL
STUART FLY REEL
BRIGGS FLY REEL
ROYAI.BILT FLY REEL ....
8,15
7.75
.10.00
5.00
7.75
35X0
10.00
3.10
.10.85
. 9.95
. 8.75
. 6.50
. S-50
TRUE TEMPER CASTING RODS. AW and 5' price Vance.
S.59. 139, 7.99. 19.99. 19.50. 12.00. 21.50
H. I FLY RODS. "Gerernar"
H. I. FLY RODS. "Caaeade" L
H. L FLY RODS. "Old Hi's Hi test"
H. L FLY RODS. -Spinner
MONTAGUE FLY RODS. "SpUtswIteh"
MONTAGUE FLY RODS, "dipper" .
GEPFERODS. Trot KingT
SOUTH BEND .
. 9.50
.15.75
.41.75
.1SJ59
19.75
19.25
; 19-59
j. UM
Ceaaplete Line mt Flies, Spinners, Hoa, Leaders. Leader
Material, Red Vai-Jah. Fermi ea. Swivels,
Line Gnldea and Weights
fTAPER AND LKYXL FLY LINES,
Fries range 130 U 8.00
CASTINO LINKS, 19 Ik. te 50 Ibn, 50-yd. speok,
Fries ran a 5s te S.09
FLY BOXXS 45 te 1.99
CteB-plete SUek el BaaebeJl and Softball Eqntpi
Navy Air Reserve Supplies Flown to Armory
. .-
V
LZ-v-
7
. '- I. -.-i VJy' - t , '
1
1
Office equipment and field sapplies for operatlea of the U. S. nary iir reservists at McNary field are
ceminr in and operations will begin soon boob final signing ef the lease between the navy and the city
f Salem. Above la a rraap ef men assigned te the field anloadlnr supplies from a nary rid transport
Wednesday. The reeervtsts will occupy the large hangar e the east side of the field. (Statesman
photo.)
Salem
Obituaries
EVANS
Louis Levoid Evans, late resident of
3140 E Jensen st, tn this city Apni
IS. at the age of 14 years. Survived
Dy parents, Mr. ana Mrs. smm n
avans, oaieiii, sivr. ouamta i.
Joan. Maxlne and Carol Evans, all of
Salem; brothers. Chsrles and Perry
Evans, both of Salem- grandparents.
Mr. and Mrs. C. A. Evans. Yakima,
Wuh : and several uncles and aunts
Services will be held Saturday. April
S3, at S p.m. in the w. T. Kigoon ens
pel. Interment In Belcrest Memorial
park.
LECHNER
Fredrick K. Lechner. late resident of
849 Ferry St.. at a local hospital. April
30. Survived by brothers. John Lech
ner of Seattle. Wash., and William
Lechner of Tacoma. vVah.; sister, Mrs.
Anna Winter of Salem; nieces. Mrs.
Jennie Wolfe of Sslem, Rena Lechner
of Tacoma and Marion Potvm of Se
attle: nephews. Ray Winter of Che
noa. 111.. John Winter of Streater. III..
Arthur Winter of Lacon. III., and Jack
Lechner of Tacoma. Private services
will be held Ssturdsy. April 23. st
10:30 a.m. at Clough-Barrick chapel.
Interment at Belcrest Memorial park.
Please omit flower.
HEINKE
Mrs. Minnie Catherine Helnke. late
resident of 3873 Center st., at a local
hospital April 20. Survived by her
husband. Otto H. Heinke: daughter.
Mrs. Ray Fiske; sons. Edward C.
Heinke and Fred F. Heinke: mother.
Mrs. Johanna Schulz; brother. Arthur
SchuLz and also by two grandchildren.
all of Salem. Services will be held
Friday. April 22. at 1:30 p m. In
Clouifh-Barrick chapel with the Rev.
H. w. orou officiating, interment at
City View cemetery.
Wheat Futures
Spurt Ahead
CHICAGO. April 21 -If)- Brisk
buying toward the close sent new
crop wheat futures ahead nearly
2 cents on the board of trade to
day. The strength in these con
tracts was reflected in mostly high
er prices in other grains, although
they were less strong than wheat.
May wheat ended fractionally
higher. Although firm from the
start, it was unable to match the
high made early in yesterday's ses
sion. In contrast, the new crop de
liveries either matched or exceed
ed yesterday's high, going to new
peaks on the current advance.
Wheat closed s-l higher, corn
was s-s higher, oats were H
lower to Va higher, rye was 4
higher, soybeans were 2 cents high
er and lard was unchanged to I
cents a hundred pounds higher.
Government buying of flour on
the Pacific coast yesterday was
disappointing. It totaled only 233.
000 hundredweight according to
trade circles. Mills offered 930,000
hundredweights. But some grain
men expected the government
would now buy for Atlantic coast
and Gulf of Mexico shipment.
Nine Cases on
Supreme Courfs
Pendleton Docket
Nine cases are on the docket
at the eastern Oregon term nf
the state supreme court which,
opens at Pendleton May 2. Tivej
of the supreme court justices were:
to make the trip to Pendleton.
Cases included are Baker Coun-1
Stock Market
Price Levels
Drop Sharply
NEW YORK, April 21-OVThe
stock market broke out of a nar
row price range with sudden vio
lence today.
Prices dropped fractions to an
extreme of 3 point.. Pivotal stocks
as well as those with a speculative
ty Hotel company vs. Hotel and
Restaurant Employes, Williamson
vs. Williamson, Cripe-Dunn vs.
Cripe, Massey vs. Massey, Hans
com vs. Hanscom, Parker vs. Ter
rell, Riesland vs. Riesland, Field
vs. Wilson and Huebener vs.
Chinn.
tinge were equally affected. The
overall decline was one of the larg
est of the year, exceeded and
then only by small margins only
twice.
The general level of prices was
forced down to the lowest since
February 28, although it has been
matched three times since then.
Trading volume expanded rapid
ly as quotations sagged. The day's
business of 1,300,000 shares was
the largest since 1.850,000 shares
on March 30, the day a reduction
inmargin requirements went Into
effect.
Wall street had a number of
reasons to explain the decline.
Most brokers, though, agreed that
no specific news could be held ac
countable but rather the cumula
tive effect of a series of unfavor
able reports. ;
The Associated Press average of
60 stocks lost .9 of one point at
62.0. The drop was exceeded this
year on February 5 (down 1.2)
and January 3 (down 1.1).
At 62.6 the average was at a low
since February 28. Three times
during March it was matched.
Navy, Marines to
End Limitations
On Enlistments
Removal of the limits on one
year enlistments for 18-year-olds
in the navy and marine corps were
announced Thursday by Salem re
cruiting offices, both of which have
been on a quota basis for several
months.
The marines also said that for
mer leathernecks desiring to re
enlist for three -or four-year hitches
would be accepted without quota.
While the marines' one -year
hitches without quota have not
been given a deadline date, the
navy's will close July 1. '
The navy also urged high school
graduates who want to enlist to
try for one of the programs avail
able for graduates ' under three
year terms, with prospect of little
or no delays. i
Both navy and marine recruiters
are now in the same office, 221
postoffice building, j
SAFE FOR SALE
22 In. x 28V. la. x 37 La.
DR. E. A. LEB0LD
1107 Urealey BIdg. ;
P-losm 21640
0
uu
PERFORMANCE
WITH)
nn
A PEER
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aalow aa
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1949 Lincoln Coemopolitan 6-Paas. Coup
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430 N. COMMERCIAL STREET