Capital journal. (Salem, Or.) 1919-1980, July 07, 1949, Page 21, Image 21

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    Wheat Prices
Show New Gains
Chicago, July 7 VP) Wheat
rolled on upward to new peaks
for the past live months and
longer on the board of trade to
day. It was the third straight
day of sharp advances in active
dealings.
The market had to take a lot
of selling orders, but mill buy
ing, short-covering by local tra
ders and purchases from com
mission houses were enough to
take care of all the selling.
Gains, however, did not match
those of yesterday.
July wheat sold at a new
high since Feb. 1, September and
December at a peak since Janu
ary 31 and March and May at
their best levels since trading
started in these contracts.
Traders attributed the upturn
to additional flour buying by
bakers, news that the govern
ment had re-entered the cash
wheat market yesterday and
further unfavorable comments
on the spring wheat crop in the
northwest.
It was almost entirely a wheat
market. Oats did well from the
start, but other commodities
could share only slightly in the
bullish enthusiasm. Lard again
sank with some deliveries going
to new seasonal lows.
Wheat closed y4-l higher,
July $2.02 -2.02, corn was
1V4 lower, July $1.37-, oats
were higher, July 63,
rye was hi-2Vi lower, July
$1.40, soybeans were 4 to 6Yt
lower, July $2.46 -2.46, and
lard , was 7 to 25 cents a hun
dred pounds lower, July $10.32.
MARKET
QUOTATIONS
Bftlem LlveetM Market
(By Valley Picking Comptnyi
SprlDB Umtu S20.00 to S91.00
feeder lambs 116.00 to 918.00
awes $2.00 to $5.00
Cutter cow 18.00 to-1 11. 00
Ffct dairy cows $10.00 to $13.00
Bulls $15.00 to $19.00
Calves, food (300-450 lbs.l $17.00 to $19.00
Teal (130-300 lt.) good ..$30.00 to $34.00
loss prices paid within Sbc of Port
and prices (or ach type. Top, 170-235 lbs
Portland Eaetilde Market
Apricots sold for $1.10 a lS-lb. box on
the Portland Easts Ida Farmers Wholesale
produce market today.
Bins cherries were ft to 10 cents a pound
depending on quality.
Strawberries brought $2.50 a box.
Corn was $3.25 a Ilvedocen ear pack.
STOCKS
tmvncan Can
Am Pow it Lt 10.
tn Tel & Tel u
Anaconda 21
BendU Aviation 29 it
Beth Steel 2i'i
Boeing Airplane 1974
Calif Packing 32
Canadian PaciMo u
C J I 3414
caterpillar 394
-hrysler 45
Comwlth A Sou ... 4
3ons ViiUee 9i
Continental Can " st
Crown Zellerbacb 23
Ourtlss Wright .... " 8
Oounlaa Alrcrsft .... 59
Oupont de Nem ....... , 45
3nerai Electric ,. 3594
Jenera) Pood Y.'.Y. 43H
Oeneral Motors ssH
Ooodyear Tire 39
tnt Harvester 2i
Int Paper 47
Xennecott . thu,
Mbby McN & L ttt 7
Loo Bell "A' 174
'dontfomery Ward 50
Nat Dairy i
Nasb Kelvin t sot 33
JfY Central 9
Northern Pacific ' 13
Pao Am Plsb iiv,
Pac Gas fe Eleo 3U
Pac Tel it Tel 924
Penney J C
Radio Corp 10
Rayonler ....' 34
Rayonter Pfd 28
Reynolds Metal
Richfield 35
Safeway Stores 23
Sears Roebuck 38
southern Pacific 35
Standard Oil Co 61
StudebakfT Corp
Sunshine Mining 18
Transamerlca , 10
Union Oil Cal 20
Onion Pacific 7T4
United Airlines 13?
O 8 Steel 21
Warner Bros P10 U
Woolwortb fc 48
Portland Eggs Up
Portland, July 7 UP) The
price of eggs went up a cent a
dozen on grade A and AA large
today, the second jump in as
many days. Traders said a short
age of local top grades caused
the boost, Imparts from mid
west producing areas may increase.
Stocks Decline
Up to a Point
New York, July 7 VP) The
stock market declined today for
the first time in six sessions.
Losses ranged from fractions
to around a point.
For a short time in early trad
ing, enough demand developed
to give the price level a small
lift. Buying interest soon slack
ened, though, and the market
settled back and coasted
through the day at slightly low
er levels.
The setback followed a state
ment by President Truman that
he was bullish on the economic
situation.
Late in the day demand
showed signs of reviving and
many issues climbed up from
their lows for the session.
A good amount of business
was done with the turnover at
the rate of 900,000 shares for
the full session.
Yesterday the market capped
a three-week rise by hitting the
highest level in six weeks. The
recovery followed a drop of a
iVi year low on June 13.
Lower most of the time were
U.S. Steel, General Motors.
Chrysler, Montgomery Ward
Schenley, United Corp., Western
Union, Radio Corp., American
Tobacco, and Twentieth Cen
tury-Fox.
Holding up fairly well were
Packard, Goodrich, Douglas
Aircraft, Johns-Manville, East
man Kodak, Standard Oil (N.J.)
and Texas Co.
faly Protests Use
Of Dinar in Trieste
Rome, July 7 VP) Italy has
protested to the U.S. and Britain
against Yugoslavia's decision to
substitute the Yugoslav dinar for
the lira as legal fender in the
Yugoslav-occupied zone of Tri
este free territory.
Italian Foreign Minister Carlo
Sforza handed the protest to the
American and British ambassa
dors. Sforza told the envoys
Italy also will protest to the
United Nations against the fi
nancial measures adopted by
Yugoslavia.
The Italian minister said the
introduction of the dinar and of
the Yugo-lira in Trieste's Yugo
slav zone represented harmful
measures against the local popu
lation and aggravated the situ
ation caused by previous Yugo
slav measures.
Alsea Highway Closed
The state highway commission
said today that the Alsea high
way would, be closed at Scott
creek from. 10 p.m. next Tues
day until 4 a.m. Wednesday be
cause of construction. Scott
creek is 1.4.5 miles east of Wald-
port.
Salem Markets
Complied from report! t Salem deal
er! for lite guidance 01 Capital
Journal Readeri. (Rcvlied dally .
lb.! No
Pertland Prodae
Batterfat Tentative, auislect to Imne
dlate chang Premium quality maximum
to M to 1 percent aoiaitv delivered
Portland 61-640 lb., first quality 69-62c
lb second quality 59 -58c. Valley routes
And country points le leia tban first.
Batter Wholesale FOB bulk oubei t
wholesalers grade AA, 93 score, 91 b:
A, 92 score, 60c; B, 90 score, 57c l'h:
O, 89 score, 65o, Above prices are striM
ij nominal.
Cbeeie Selling price to Portland wlwle
ale Oregon irngies, 38tt-48Vie, OtepQD 6
lb loaf. 4LV-B0o; triplets Me 'm tban
Ingles.
Egge T Wholesalers A trade lane
fStt-eotto; A medium, tltt-B4fti grade
8. large. efltt-Blttc.
rortlan Dairy Market
Baiter Prlco to retailers: and AA
prints 66c; AA cartons 67c; A prints.
66c, A cartons, 67c; B prints, t&c.
Eggs Price to retailers: AA large
He; Mrttflod A large; 63; A large
Me; AA nedlum, i certified A me
dium 6001 A nedlum, 1 60; cartons 3c
Additional
Chaos Frio to retalisTsi Portland
Oregon steel 40tt-B0tto; Or as on loaf, t
. 4ltt-H)t triplet lUe leu tbaa Ha
lle. Pee Hr
Lire Cfclet If. L Mailt FOB
plants. Pe, I brottafg and I lbs. tT-16o
firm itt-i lbs, ll-sso; 1-4 lbs, 13c
toasters 4 lb And our It lb; fowl,
horaa 4 bc. And ankr, 11-Ho, orer 4
ilci colored fowl, All weights, 15c;
toostora, All weights, 11-lBo.
Babbits ATrag to ejrowersj lire whites,
4-6 lbs., 19-1 le lb. I 1-6 lbs, 17-19 lb.) col
ored I cents lower; old or heavr does, I
lie: dressed fryer to butchers. 6B-B7c
Tmrfceys (Prloe voted are not to the
IroaooT on a eresaea weigni
' aV grade A young tome, 11-61
a 70 rag neoa, nonuiuuij ho.
D rested tmrheys to retailem Grade A,
younf boa. 70-71. Mew Jork strl, dross
d. A trad young terns 68-69o
Feci land BB Uan
OaMNBsrb-OrT 13 Vie t& green 4 R.
Wt TaUy ooArst And medium trades.
6Ac Jb.
SfefaeJr -RtB,M ll-nonth growth,
omlnally.
Hide OalrM, SO JbH according to
weisni, kips voo id., oeei s-vc id. duiu
4-6c lb. Ccuntrr buyers pay So less,
Nat Quotations
Walnale Franqnette first ejaltt om
bo. 4,7o; large, 32.7; medium, S7Jo; ee
nd Quality Jumbos, MJj large, 16.3a;
aiedlum, 16.1; baby Jo; soft theU flrsi
cjuaUty lane. .7c: medium. S6J0; s-
ood quality large, t7Joj medium S4.7o:
baby 33.3c,
ruberta Jumbo, SO m.f lart.
Medium, I601 email, 13.
CtUean UTMtoek
Chicago, July T (JV-ttTSDA) -Salable
nog 0,000: moderately active, very uneven.
but generally steady to strong on butchers
and steady on sows; top 31.76; most good
and choice 170-3S0 lb 31.35-31.85; 340-360
10 10-36-Bl.OO: 170-300 lb 18.7A-3O.0Oi ncv
lr weight scarce ;odd loU up to ISO lb
down to around 16.75; sows under 350 lb
50-17.60; few up to 18.00; S60-S7S lbs
1 5. 76 -16. 50 ; S76-400 lb 14.79-16.76: 400-460
X) 11.60-14.76; 476-660 lb 11.60-16.00; odd
head heavier weights as low as 10.60; good
Jearane.
Salable oattl 1.000: salable calves 400;
enoderatoly acAtv; steers and she stooks
aneadr to 96 nU higher: bulls 16-50
eots btobr; t1es firm; top 38.76 for
aad bigh-afcote around 1,160 lb Color
ado-fed sieera: busk aood to low -choice
tcr 1,960 B down 15,60-37.35; fW loads
17.60-17.76 1 medium to low good grass and
anortfed tora Sl.60-15.15; good to low-
holoe hHTS S6.S5-36.75; few good cows
18.00-90.00; common and medium sows
14.60-18.50: aanners and cutter 13.60-
16.00; medium and good sausag bulls
90. 60-91.60; medium to choice vealer
13.0O-16.50: too 15.60.
flalabl sheep 600; fairly active, strong
a small supply native spring lambs and
laughter ewe; good and choice spring
lambs 96.50 to mostly 36.00; medium to
good 11 .00 -SR. 00: medium to choice slaugh
ter ewes 4.00-9.00 wltfi lightweight owes
gaotabl Around 1-60.
Retail Peed Prices
Est Maah (5.10.
RrJbblt Pellets 14.30.
Dairy Feed 13.85.
Ifoultrrt b'lvins oricas Grade A color
eA hens. 34-37c; grade A Leghorn hens.
li cents; Orade A colored fryers, three
'iba and up, 33-33C. Orade A old roosters
15 cents.
Egg
Buying Prices extra large AA. Bsc,
large AA, 67c; large A, 65-58c; medium AA,
02c: meaium A, oo-mc: puiieti jz-joc.
Trheleealt Prices Kg wholesale prices
to 7 cents above these prices above
Orade A general! quoted at 630, me
diums 69c ,
Batlerfal
Premium. 63 0. Ho. 1. 61 01 No. 9, 55-
9e (buying prices).
Batter Wholesale grade A, 66; i-
ill 71a.
Portland Grain
Portland. Ore., July 1 OP Cash wheat
(bid): soit wnite 2.13; soic wnite mo rex)
3.13; white club 3.13; western red 3.13,
Hard red winter: Ordinary 3.13; 10 per
cent 3.13; 11 per cent 3.14; 13 per ent
3.16.
Today' ear receipts: wheat SO, barley
4: flour 4; corn 3; oats l: mlllfeed 10.
Unas will officiate.
William Leonard Walt
in this city July 6 William Leonard
White, late resident of Salem, at the age
of 75 veare. Brother of Marsaret Bird and
Orace Sullivan, both of Benton. Wise. An
nouncement of services later by w, T.
Rlgdon company.
Benjamin Franklin Shoemaker
Benjamin Franklin Shoemaker, late res
ident of 1896 Cout street, at a local hos
pital July 6. at the age of 79 years. Sur
vived by wife. Alice W. Shoemaker or
Salem; three daughters. Miss Oertrude M.
Shoemaker of Mondombe, Belgian Congo,
Africa. Mrs. Merle H. Price of Seattle
and sirs. D. W. Daniels of Lodl, cam.;
and by six grandchildren and four great
grandchildren. Retired minister of the
Christian church and former pastor of
the Court Street Christian church of Sa
lem. Services will be held at the Howell-
Edwards oh a pel Friday, July 8, at :3Q
P.m. with Rev. W. Harold Lyman. Rev.
OBITUARY
Dudley Strain and Rev. C. F. Swander 1
officiating. Private concluding services at
Crest Mausoleum- and Crematorium.
Friends are requested not to send flow
ers but to make contributions for a me-
mortal to Rev. Shoemaker to be placed
in the sanctuary of the new Court Street
Christian church.
Pvt. Robert Raaeell McAllliter
Pvt. Robert Kusaeu MCAiusier, late resi
dent of Pratum, Oregon, May 16. 1945, at
Okinawa. Survived by father, Russell Mc
Allliter of Pratum; mother. Mrs. Walter
Jonea of Medford; brothers. Oene McAl
lister or Medfora ana men era ktcAmsicr
of Portland; and a daughter, Carol June
McAllister of Medford. Oraveslde services
will be held Saturday. July 6. at 3 p.m.
at tne Mt. nope cemeiery near rraiura
under the auspices of the American Le
gion. Direction Clough-Barrlck company.
Mrs. May Lamb
At thn residence at 1645 South 13th
street, July 6. Mary May Lamb, at the age
Capital Journal, Salem, Oregon, Thursday, July 7, 1949 21
of 73 yean. Wife of Oeorg A. Lamb of
Salem; mother of Harold C. Lamb, Mrs.
Idell Hedges and Mrs. deorgla French, all
of Salem, Mrs. Verna Cone of Dallas and
Mrs. Helen Zetterberg of Kings Valley;
and sister of O. T. Burns of Portland.
Alio survived by 13 grandchttdren and five
great grandchildren. Member of the OES
of Yamhill, Maccabees of Donald, Oregon,
and Gold Star Mothers of World War II.
Funeral services will be held at the W. T.
Rlgdon chapel Friday, July 8. at 1:30 p.m.
with concluding services at the Buttevllle
cemetery.
Mrs. Marie Hansen
Mrs. Marl Hansen, late resident of De
troit, Ore., at a local hospital July 6 at
the age of 63. Survived by husband. Laur
Its Hansen, a daughter, Mrs. Annie Ketch
urn, and a son, Richard Hansen, all of De
troit, and seven grandchildren. Services
will be held Saturday, July 9, at 1:30 p.m.
a. the Clough-Barrlck chapel with th
Rev. Oeorge E. Williams officiating.
Interment In Belcrest Memorial park.
Mrs. Ferry Jan Bicketts
Mrs. Peggy Jane Rioketts, late resident
of Brooks, Oregon, at a local Hospital
July 6, at the age of 70 years. Survived
by two daughters, Mrs. A. J, Nellton of
Silverton and Mtss Orace Rlcketts of
Paula Valley, Okla.; five sons, Dave and
John Rlcketts, both of Brooks, Ben Rlck
etts of Mansaneta, Ores., and Arthur
and Herman Rlcketts, botn of Salem: two
brothers, James Stiles of Okemah, Okla.,
and Jacob Stiles of Fairfield, Calif.; a
sister. Mrs. Carrie Keck of VackervUle,
Calif.: 37 grandchildren and 13 great
grandchildren. Services will be held at
the Clough-Barrlck chapel Saturday, July
9, at 3 p.m. with interment In the Clag
ett cemetery.
Luellan 3, Davenport
Silverton Lueallan J. Davenport.
native of Marlon county, died at the
Silverton hospital Wednesday evening ar
a short illness. He was the son of
Benjamin F. and Lucretla DeWItt Daven
port, pioneers of 1853, and a first cousin
of the lata Homer Davenport, cartoon-
Oldest of three children, he Is sur
vived by two brothers and a sister, D. O.
Davenport, Lebanon: J. H. Davenport, Sil
verton and Mrs. Eunice Ooodnecht, Sil
verton; son, William J. Davenport, Scotts
Mills and daughter, Oladys Opperman,
Portland. He was widely known as an old
fiddler and was president of th Old
Timers' association, which he organised
three years ago, and the I OOP lodge.
Funeral arrangements have not been
completed.
Fire Weather
To Close Plants
Power driven equipment in
the woods will be closed down
during periods of bad fire
weather, it was agreed by more
than 60 lumbermen and loggers
at a meeting in Sweet Home
held under the direction of Mel
Crawford of the Linn county
fire patrol. The proposal for clo
sure was presented Dy l . u.
Thompson, chairman of a nine
man committee appointed by
Carl Davis, patrol president.
Facts will be presented to the
district fire warden by a five
man advisory committee repre
senting the loggers when seri
ous fire conditions exist. The
warden then will recommend to
the state forester that a shut
down of power equipment be in
voked. . .
Members of the fire danger
advisory committee are Burl
Smith, Mt. Jefferson Lumber
company, Lyons: Eugene Elli;
Timber Service company, Sweet
Home; Vic Torrey, Cascade Ply
wood company, Lebanon; Fred
Enos, Brownsville, and Larry
Marshal, West Gate Lumber
company, Sweet Home.
Mrs, Helen. Koch
Albany Mrs. Helens Koch. M. Hilsev.
RPD 1. died Tuesday at th. Lebanon
Community hospital. Funeral services
were held Thursday from the Albany Fish
er Funeral home. Burial In the PURh ce
meiery at eneao. Mrs. Kocn was born
April 18, 1S69 In Hamburg, Germany, ahe
came to Linn county when ah. wai 30
In 1889 and had lived In Halser and
Shedd ever since, she was married to
nans Kocn in 1800 In Albany. Koch sur
vives. Besides her husband she Is sur
vived by three daughters, Mrs, Herman
Dethman and Mrs. Frank Dethman, both
Of Hood River, and Miss Fred Kflr.h. flan
of Hood River, and Miss Freda Koch, San
Irena Hector
Albany Ircna Hector, 60, native of the
Palestine district In northsrn Bsnton
county and a resident of Albany for many
years, died at her home here Tuesday
rrom a naralvtlo stroke. Miss Hector h.H
spent all of her life In Albany and In
oentun county, wnere sn. was born July
31 1888. She had retired from aetlve
work In- 1944, having; acted as clerk at
the Bank of Albany for many v..r.. sn..
vivlng are only nieces and nephews. Fun
eral services will be held at th. Fisher
luu.r.i nome at it p.m. Friday. Burial
wiu u. in tne raiesun. cemetery.
DEATHS
Mn. Esther Ann Oliver
Mrs. Esther Ann Oliver, late resident of
route 1, box 389, Salem, at a local hos
pital July 7. Survived by two daughters,
Mrs. Bertha Mae Allerton of Portland,
ana Mrs, Morjorie wood of Beiem; a son,
Burl R. Oliver of Salem; one grandchild,
Miss Margie Darlene Wood of Balem; Al
so a number of nieces and nephews. Mem
ber of American War Mothers, Services
from Clough-Barrlclc chapel Saturday, July
9, at 10:30 a.m., Rev. Dudley Strain of
ficiating and Interment in City View cem
etery. Patrick M. Carey
in this cftv Julv 4. Patrick M. Carey.
late resident of Salem. Services will be
held at the w. T. Rlgdon coapei iriaay.
July 8 at 10 a.m. with concluding services
at ere. uaroara cemevery. c uier u. w
WrSen every brand claimt .
H it th betf row' a woman
to feff which It right T
f tt
mm
A TO7,
7
IHrtlua LbMtMk
Portland. Or... July T UR Livestock:
Cattle salable 600: holdover 100; calves
100; market very slow; scattered sales
steers, heifer, steady but some unsold:
few cutter and common steers 15.00 to
" 00; medium atocken 16.00 to 17.00; me-
uum crass slaughter steer, above s-i.uu:
no good drylot steers; common heifers
16.00 to 30.00; oarly sales and bids on
cows 38 to 60 cents lower; few canner and
outter oowj 11.00 to 13.50; some held hith
er; medium beef cows 16.00 to 17.00; ask
ing above 18.00 for good beef cows; few
outter to good sausage bulls 15.00 to 19.75;
good and oholce vealers 35.00 to 36.00: odd
head 36.50; several common and mediums
weak at 18.00 to 33.50.
Hogs salable 300; market active, fully
teady; good and choice 180-330 lbs 33.75
to 34.00: sews weak; few good 350-500 lbs
16.50 to 17.50; odd head 16.00; good and
k. eholee feeders quoted 33.00 to 34.00.
Sheep salable 500: market slow, about
tiadr; few good and choice spring lambs
33.00 to 33.50: medium and good 70 lb feed
ers 18.00; good and choice 115 lb old
rop lambs and rearlmss 33.50; heavy
Tearllnu 11.00; good light awe. IM to
1.00.
While other bnndf tiam better quality, your grocer will tell you
onlyliS W darei to pmn It.
ifk invite grocer to select other brandi ny brands from his shelves.
ThiQ together ire open each can and compare its quality with S &W, prod
uct for peoduct, by actual taste test.
For more than 50 years, grocers who bare made this actual store test have
Jndged S W beet, erery time.
PROVI IT YOURSELF
Try any 5W Fine Food fruits, vegetables,
joins, OTtn-biked beans and brown bread, or
runout S W mtllow'd toffee. We are confident
you will agree that SaW
Uinadusbyiuelf.
nnmrei:iii:in
i tubbable, durable
H of bright cotton with . .
hop pih
SV quality is so much better
rugs
twisted
raws
8 Gay Harmony House Colors
These are rugs for doy-ln, day-out service . . . ai
long-wearing as they are beautiful, dyed with care
to stay new-looking through many washings. The
heavy, modern-textured, twisted loop pile of quality
cotton yarns will not shred or fray; the non-skid back
lias flat, holds firmly in shape. Contrast a bright
color in your living room; ensemble several sixes in
your bedroom. In clear, crisp Harmony House shades.
Shop Until 9:00 P. M.friday
24 x 36 inches
24 x 45 inches
30 x 54 inches
4x6 feet
6x9 feet
9 x 12 feet
9x12 Wool Faced
RUGS
Nationally Advertised
at 34.95
now selling at jj 95
Slightly Soiled
3.98
4.98
6.98
14.89
35.95
64.95
was 4.98, now
was 6.98, now
was 10.95, now
was 19.95 now
was 43.95, now
was 79.95, now
Rag liJ
49c - 'irM-
Thrifty Fabric Rur
was 89c now
DurabU cotton yarns In cUar rich
had. Attractive plaid design.
24x45-ln. Uvn up your floors now
at low cost and save.!
Floorcoverings With
Distinctive Beauty
49.95
9 x 12 ft. Axminister Rug
reg. 54.95, now
Black Rubber Matting
TCe. P"
JW ft.
Old price 83c, new price
Prevent dangerous falls; protect your floors with this corri-
?ated rubber matting. Lies flat on the floor. Non-cracking.
8 inches wide.
fSaZtybdfa pua4 SEARS
Long wearing rugs in rich looking patterns-soft, deep
wool pile gives you thick, springy tufts on every foot of
the rug's surface. The beautiful patterns have been
created exclusively for Sears. Select yours todayl
9 x 12 ft. Axminister Rug, reg. 62.95, now. . 54.50
484 STATE STREET
Phone 3-9191