Capital journal. (Salem, Or.) 1919-1980, June 09, 1949, Page 21, Image 21

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    Stocks Decline
Minor Fractions
New York. June S (f The
itock market loafed (long at
lightly lower price leveli to
day. The trend wai far from de
cisive but losses did have an
edge over gains. Few stocks
moved more than minor frac
tions either way and numerous
key issues remained at Wednes
day's close.
Business was unusually slow,
with neither buying or selling
forces inclined to tackle the
market on any scale. Turnover
was at the rate of only 650,000
shares for the full session, one
of the smallest totals of the year
Investors and s p e c ul ators
shrugged off good news and bad.
The approaching long week-end,
plus widespread doubts concern
ing the future progress of the
market, were mainly responsi
ble.
The general price level is now
just above a two-year low which
was hit Monday. Meager de
mand has helped the market
since then.
Higher prices were paid most
of the day for U.S. Steel, Bethle
hem Steel, Woolworth, General
Electric, Radio Corp , Standard
Oil (N.J., and Twentieth Century-Fox.
Holding back were General
Motors, Chrysler, U.S. Rubber,
Montgomery Ward, Sears Roe
buck, United Aircraft, Western
Union, Gulf Oil and United Airlines,
MARKET
QUOTATIONS
(Bj VtUlty Putlnf Comptari
Culttr cow f i)0 to I1JO0
Fat Dairy co Ill 00 to 111 00
Bull! 11100 to 110 00
Cftlvej. lood (300-150 lb ) 11100 to 130 00
Veil UMJ-100 lb.) lood ..110.00 to 114 00
loci prlcw paid ltblo It o Port
md prlcw tot tub itt Top. 11-331 .bo
Portland EaiUMe Markat
Strawbrrrita aold (or IJ.00-1.M t flit
on the Portland KuUldt Farmer Whole
tale Produce market today.
Pra brought 13. 75 to U 00 ft H-lb. bot.
Lettuce tu 11. SO a crate.
Spinach wu quoted at 11.00 an oramt
box,
Boeta were to to W cent a doien
bunche.
Radlahea moved at U to 70 ttnti a
dozen bunortea. The ame price wu quoted
for green onion.
Woodburn Mission
To Hold Communion
Woodburn St. Mary's mis-
ion at Woodburn will join in
the world-wide observance of
the 400th anniversary of the
First Book of Common Prayer
with the celebration of the holy
communion at 11 a.m. on Whit
sunday, June 5. This day marks
the close of the winter program
of St Mary's mission with the
last session of Sunday school at
10 o'clock. Next week, June
12, the summer schedule will be
gin with the services at 8:30
a.m. Church school will be re
sumed in September.
Rev. Earl Baker of Salem will
preach at the Bible Baptist
church here again this Sunday.
His morning service topic will
be "God's Command," and for
the 7:45 a.m. service, "A Four
fold Look at the Cross." Young
people's meeting will be at 6:45
p.m.
Rev. D. D. Priest of the Chris
tian church, who has completed
one year as minister, reports an
increase in attendance of 35 to
40 per cent in the Sunday school
and 30 per cent in the church
attendance. A new oil furnace
has been installed, new lighting
fixtures also installed and the
basement remodeled.
Portia n PreOee
Better-fat Tenia tl to. ttuject
dlate cbanio Premium quality maximum
h ji m I percent ecioiw oeiirereo
Portland 61-ec ib. tim Quality i-e
b. second quality bl-AQc Valley route
and country polnta lea thai firat.
tier Wholesale FOB bulk euboe u
chol ei ale: arade AA. 03 score. l-c;
A. 3 cor M-Ol'ic: B. score. B7e lb.:
C, n score, Uc Ib. Abo prices are strict
ly nominal
Cbeese Aellini orleo to Portland whole-
tale Oregon angles, 3ll4-mo Oregon 0
to loar, ittMvri: aripiet e tea waa
tingles
Eft (To Wholesaler) a grade larso
5J-53 lc; A medium, 53-53 Vic; grade B.
arte, 41'4-H0lic
Portland Dairy Market
Batter Prico to retailer- Orad AA
prmu 60c: AA carton 6lc: A print.
66c, A cartons, lie; B prints, 63c.
Eggs Prk to retailer: aa large
56c, cert tnd A large. 56c: A large.
34-sSc; AA medium. 5Sc: certified A
medium 55c: A mrdlum Sic; cartons 3c additional.
Cbreao Price to retailers. Portland
oreaon einiiei 40H-5O'c Oregon loaf, i
.b O'.i-Uoi trlpleu lo laai tban aln
glea
Poultrr
Live Chlekene - No I quality POB
plant. No i broilers under m lbs 31 -38c
id; iryer ibi jo-sac; 9- lb ji-32c:
roasters 4 lb, and over 31-33e lb.; fowl,
Leihorns under 4 lbs, 33c: over i
lbs. 35c; colored fowl, all weight, 31:
roosters, au weights, i-aoc
Rabbit Averaie to growers for Ue
vhite fryers, white, 4-5 Ib 21-3 Je lb
- lbs 1(1-3 lc lb; colored 3 cents lower
old or heavy does, l-lc; dressed frrers to
Sutchers S7-60C.
Tarkeya iPrlcaa quotgd are not to Uu
producer on a aretsea weigns oasis )
u 9 trad A young toms 11 oze no
young nena. nominally we
Dressed turkeys to retailer: Uiad A
young hens 10-llc New tfor style drete
d A grade vcune torn !-
Portland Mlaeellaneoaa
C'aseara Bark Dry I3ic lb., green 4e lb
Wool Valley eoarao and medium grades
no ib
Mobalr 35c Ib. on 13-montb growth,
nominally.
Hides Calves. IQc lb., according to
weight, kips 30c lb., beef t-lOe lb., bull
6-7c lb. Country buyer pay 3c less.
Nat Quotations
Wolnala Pranquettea first o.uallt fum
do. 34.7c, largo. 13 To: medium, tile; eeo
ond quality Jumbos, 30.2o: targe U.3c,
medium. 36 3e: baby 33 3e; eofl shel first
quality largo. 3t.7e; medium 3o: aee-
ona quality largo. ST Jo: medium 14-to
baby 77 3c
Pllberta - Jumbo, too a j larga. lie
medium. 16c; small, 13e
Quotations above supplied oy North
Portland Grain
Portland, Ore..
Oau No t. M il) whlto H Ni barley No.
2, 45B.W. 50.00.
oaso wneat eu men wnito i n; son
whits (eieludlng rex) 1.141 whlto lub 1.34; l
wasters red 3 34,
Hard red winter: Ordinary 134: IS per
oent 1.34; U per eent 3.11; 11 per cent
3.36.
Hard white baart: Ordinary 1.34; 11 per
cent 3.35; 11 per cent 1.31; 11 per cent 1 31.
Today car receipt: wneat ow Hour
4: corn I; oau 3; mlllfeed 1.
Portland LJvesteefe.
Portland, Ore June f ajA Livestock:
Cattle salable 300: calves 50: market
very slow, most classes under uneven
pressure; good fed steers quoted to Mon
day' top of 37.00; early bid caaner and
cutter cows 36 to 50 wall lower or fully
I. 00 lower than Tueday; most early bid
II. 00 to 1S.00; medium aatuaie bulls 10.00
to 31.00; good vealera 16.00; choice quoted
10 37.00.
Hog alabls 100; market Iow: scattered
ssles steady: good and choke 180-310 lb.
33.50; selected lot 13.00; odd good sow
16.00 to 16.54; soma held hignsrj leader
scarce.
Sheep salable 500: market mostly steady
to weak: aome bids SO cents or mora lower;
early sale good and choice apring lambf
16.00; medium and good 74 lbs 37.00; com
mon 33.00; good light awes i.OOi uli
and commons 3.00 to 5.00.
34 eenu. Orada A colored fryers, three
pound and up, I la. Orada A old roosters
14 enU
gge
Baying Prices Katra larga AA. 63c:
large AA 51c; largo A. 46-43c: medium AA,
46c: medium A. 4146c; pullets 10-13e.
OTkolesale Price Sag wholesale prlea
ta t cent above those prices aoov
arade A generally quoted at lie; me
dium 53c.
BoHrfa4
Premium. Mc. No- L, Hoi Ha- 1. 64
le (buying price .
Bauer Wbelssala grade A, 66c; ra
.aU 11a.
The arteries are always empty
after death of an organism and
early anatomists believed they
were normally filled with air.
Buying Helps in
Wheat Support
Chicago, June 9 W) Moder
ate buying on the part of flour
milli supported wheat on the
board of trade today. The mllli
were mojt active in July, which
ran up more than a cent at timet.
Other wheat contracts did not
show the strength o the near
by month.
Mill buying wai traced to
larger flour booking!, which in
turn appeared based on the ex
tended government price sup
port program announced late
Tuesday. Some bakers evidently
felt that, as a result of the pro
gram, wheat and flour prices
would not drop as much as had
been expected at harvest time.
The firm tone in July wheat
did not give much help to oth
er commodities. Corn eased as
purchases of cash grain on a
to-arrive basis from the country
increased to around 100,000
Capital Journal. Salem. Oregon, Thursday, June , 1949 21
bushels. Soybeans and lard re
covered from an early sell-off,
but dealings were light
Wheat closed 1 V lower to H
higher, July $1.937,-1 94, corn
was a-H lower, July $1.32V
a, oats were unchanged to H
higher, July SQ-Ti, rye was
'i-4 higher, July $1.36 H, soy
beans were ,4-2Vt higher, July
$2 22-2.21 4. and lard was 7 to
15 cents a hundred pounds high
er. July $11.20.
(Advtrtuwmeno
Piles Hurt Like
Sin! But Now I Grin
Thounanda chnn groans to arlna. Uaa
a doctors' formula to relievo discomfort
of piles. Sent drucKlBto by noted Thorn
ton k Minor Clinic. Surprising QUICK
palliative relief of pain. Itch, irritation.
Tends to soften, shrink swell In . Usui
doctor1 way. ;t tube Thornton A
Minor's Rectal Ointment or Kectal Sup
posltorles today. Follow label direction a.
For sale at all drug; stores everywhere.
In Hslrn St frrd Meter Or us
Ch Icage LiveaUek
Chicago. June t OJJB Livestock:
Hogs salable 1,000; mast sales butchers
and sow 2k cent higher; trade opened
slow, but later fairly active; uneven, par
ticularly on bu Where over 100 lbs; top
31.11; good and choice 170-240 lbs 21. M to
31.15; 250-210 lbs. 20 SO to 21.25; 20-120
lbs 10.15 to 20.50 : 220260 lbs 11.15 to 10.15;
few up to 400 Hu. down to 1125; sow.
under 31ft lb 11.75 to 18. It; lew 11.00:
400-4M lbs 10.25 to 11.25; 41I-5M Ife
15 25 to K M; heavier weights down to
14.15.
Sheep salable 100: slaughter lambs weak
to 1.00 lower; aheep 50 cents lower; choice
native spring lambs 20.00; mostly 29.00
down, ewe 1.00 to 10.00.
Cattle alable 2.500; calves 400: Tar
slow; general market weak to 50 cem.
lower; a load or so of choice steers held
at 31.00 and above; good to low cho.ct
steer 1211 lbs down 25.30 to 21.25; two
loads choice 1400 lbs 21.00; two loads oi
good 1425 lb steers 25.50; medium to lo
good steer 22. SO to 25.2ft; medium in
good heller 22.00 to 20.00; a load of good
to choice 910 Ib weights 20.35: common u
good beef cowa 11.15 to 21.00; cannera am
cutters 13.00 to 10.50; medium and good
lautasa bulla 21.00 and 23.00; practice'
top vealera 21.00: few up to 31.00.
Salem Markets
Cempleted Cram reports ! ialesa fas
re for the guidance ei Capital
Journal Header (He vised ar).
Bet all reed Prtoea
Esg Mash 15.10.
Rabbit Pelleta 14.31
Oalrr Feed 13.90.
peultrvi bmng one Orada eol
ed hen 38c; grade A Leghorn hens.
June tKi Cash grain:
WOMEN
WANTED
Fat Deauty training ex
cellent opportunities are al
ways open to the skilled
beautician Claaaet are now
forming at Salem a oldest
and most advanced beauty
school. Call or write for our
new low rates.
Oregon School of Beouty
Culture
ISO N Liberty Ph. S80
Congratulations Capital Electric
On Your Fine New Store
Did the Plastering and Stucco
R. F. MEIER
146 Gerth St., West Salem Ph. S6311 or 2215S
We Do Commercial, Industrial and Residential
Plastering and Stuccoing;
Last Meeting for Eastern Star
Gervais Gervais chapter No
118, Order of the Eastern Star,
held its last meeting of the sea
ion. The proposed amendments
of Grand Chapter were dis
cussed. Mr. and Mrs. Fred Mc
Claugnry will attend as dele
gates when the session convenes
June 14. Refreshments were
served by Mrs. J. P. Aspinwall,
Mrs. J. E. Cutsforth and Mrs
Allen Dean.
Congratulations to
CAPITAL ELECTRIC
Pumice blocks for their new building were
furnished by
12TH smn BLOCK CO.
So. 12th & Vista Dial 2-5363
Grand Opening
FKDDAY and
SATURDAY
a
Open Each Day from 8 A. M. to 9 P. M.
REFRESHMENTS
2 P.M. to 9 P.M.
GIFTS FOR THE LADIES
See Our New Store Building
1480 FAIRGROUNDS RD. (Next door to Curly-! Dairy)
Featuring
SALES AND SERVICE ON
ESTATE RANGES
INTERNATIONAL HARVESTER FREEZERS
AND REFRIGERATORS
HARDER FREEZERS
A.B.C. WASHERS
All Types of Commercial Refrigeration
Capital Electric
WO FAIRGROUNDS ROAD
'HONE 3-7484
make your figure slim as stem,
smooth as a Salem rose petal
bestform girdles
Girdles and panty girdles with special control that
let you move about as nature intended, while
they flatten your tummy, smooth your hips and improve
your posture. Let our experts help you select Bestform
garments that do the most for your figure.
11 north liberty
I,
6V -s.
. . y S Jfiftjjf Cotton-ind-nyon elaitlc girdle In
Mn i " f&&J r two-way Itretch ityle with lightly
Foundations, ttcond Hoot VV I boned, inner-front panel; for the
lA V B JlJff fuller figure. 16-inch lenRth; sizes
rl Vjw1 JJ, 34, 36, 38, 10. Tcaiose. 2.95
j3JL Let Reba White, BEST- 8 " 'lfr
m& Mf FORM'S special figure con- '&ZA ,'
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white , V tJy
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Light as a petal, ' 1 j I ' V 'VVii II L'2ff7J '' IJ' ,rom rolling. .Two-way
but artfully de- iJ. fi$A'- CtM- 'Jk ? stretch; eotton-and-rayon
?RH tbymBtE.SnTd U'Fryl ' VW Ml. . elastic. White; sma.,, ma-
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? WuWh" k ' 'lVj Pny slip-on in white ha.
VW ? 'Ml 1 W$'h &VlR&k I ' Y L crotch. Small, medium and
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"Wit? Vi. 'mKtfaWiitffl&K "-V J',!Z. a two-way stretch cotton-
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vat; asfeV'A ZSMr I AlflY C t)J small, medium, large sizes.
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SPECIAL
Wtcn PURCHASE
l)!p BED SHEETS
VV V 81x108 . . . $1.94
sXv . J s 72x108 . . . $1.84
qN f Cases 42c
mm
First Quality sheets at a phenomenally low, low
irice Through arrangements with a nationally
amoua mill, Kolierts purchased a hutte quantity;
if these First Quality 'Slumber Queen" sheets'
md the ,avini? are passed on to you ! ',
These First Quality sheets are made to our own;
xactinif specif ications closely woven, 128
breads to the inch, snowy white muslin, neatly
lemmed and are identified with our own brand,;
'Slumber Queen"!
Stock up today for your home for gifts! '.
DOMESTIC DEPARTMENT MEZZANINE ;
We Give and Redeem S&H Green Stamps