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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Oct. 5, 1950)
22 Capital Journal, Salem, Or., Thursday, October 8, 1950 Cut in Retail Meat Prices May Be Lead in Food Price Decline iBr th. juoelud Prtw) ' The lone-awaited seasonal downturn in retail meat prices got under way this week when pork cuts dropped two to 12 cents a pound in many stores across the nation. nth., m.ata hava shown only scattered changes so far. But the agriculture department said farm sales of meat animals will continue to increase inougn inry- fall and early winter monms and prices of pork and beef are expected to ease as supplies mount. The decline for veal, and Jamb prices may be smaller. Pork livestock prices dropped feelow the ore-Korean war lev els at Chicago this week for the first time as hog receipts climb ed. Prices of many other foods slid back at the wholesale lev el too, responding to the drop In the commodity markets which came last week with the favorable turn of the Korean war news. - Declines in the wholesale prices of such foods as eggs, cocoa, potatoes, raisins, wheat and barley, along with beef and pork, pushing the Dun & Brad street wholesale food price index down 11 cents in the steepest droo In more than a year. At f 8.50 this week, the index was the lowest since July 25 and compared with $6.69 at the year's peak Aug. 29. 1 The index represents the sum total of the wholesale cost of one pound each of 31 foods in gen eral use. A year ago it stood 15 per cent higher at $5.65. Large grade A eggs tipped lower in many places this week, dropping one to eight cents a dozen in the first general down turn In many weeks. (Egg prices Increased in this area.) On produce counters, apples, map beans, onions, sweet po tatoes, tomatoes, brussel sprouts, and cauliflower were lower in most places. Cantaloupes, honey dew melons, prunes and cucum bers edged a little higher. ' Cheese and onions were head lined on the agriculture depart ment's most-plentiful foods list for this week. Storage stocks of the important Cheddar variety amounted to 285,000,000 pounds en the first of September big gest supply for any month since records were , started 34 . years ago. All classes of cheese are at a record high of 314,000,000 pounds half again more than a' year ago. As for onions, the nation's late crop this year is expected to reach 33,400,000 sacks be cause of unusually heavy yields 12 per cent over last year and 15 per cent over the average for the last 10 years. Most of the large store chains which roast their own coffees and pack them in paper bags boosted their prices one to four cents a pound this week. The so- called Independent roasters whose brands are marketed In vacuum tins announced similar advances a week or two previ ously, citing higher costs for green coffee beans. Honor Ten Foreign Students at Service McMinnville Snceial avmlns cervices Oct. 1 at the First Bap tist church in McMinnville hon ored the foreign students attend ing Linfield college. During the service, Miss Ly dia Winkler, professor of his tory at Linfield college, intro duced the 10 foreign students tudying at the college this year. Included on the student list are Samuel Ayodcle Ojo of La gas, Nigeria; Leland Chow of Shanghai, China; Hldeko TsuJI of Kobe-Shi, Japan; Edith Hsi of Shanghai, China. Mr. Chow and Miss Hsi sang solos during the service. Rev. Elton E. Smith, spoke about "Students from Many Lands". A reception followed the service In the Fireplace room in the church. Physicians Meet Opens i Houston. Tax.. Oct. s ipi ti,. seventh annual maatina Association of American Phys icians ana surgeons opens here today with some 40 delegates due to attend the three-dav nrn. gram. Cheaper Cotton Seen Next Year Washington, Oct. 5 (U.B Con sumers can look forward to cheaper cotton next summer while growers will get a chance to collect a record gross income from next year's crop. This prospective paradox arose with the lifting of all gov ernment planting and marketing curbs on the 1951 crop. The move is aimed at getting a whopping increase in produc tion next year to supply future defense and civilian needs and to replenish dwindling reserve stocks. The government believes a crop of at least 16,000,000 bales is needed. Fearful of being swamped with surpluses under the price support program, the agriculture department held down plantings this year with rigid controls on planting and marketing. The program boomeranged. Growers planted less cotton than the controls permitted and cotton consumption exceeded all expectations. ' Threat of a shortage sent cot ton prices booming to record levels about a third higher than the support price. In mid September, growers received an average of 39.98 cents a pound compared with a support price averaging slightly less than 30 cents. To Fellowship Camp Hubbard Rev. Ted Hastings took about 30 boys and girls of the Pilgrim Fellowship groups from the three churches in the greater Hubbard parish to Camp Adams last week to attend the Christian churches State Con ference Camp. Planning of the work for the year was accom plished. The group was accom-1 panled by Harold Colgan of Hubbard, Mrs. Paul Burkett of Elliot Prairie, Mrs. Ted Free man and Mrs. Ed Eyman of Smyrna. Hubbard Keith McNary, son of Mr. and Mrs. C. K. McNary, had a portion of the index finger on his right hand removed last week as a result of an injury sus- tained during the summer. I .'PI - t . -J College Girl Nancy Sinatra, estranged wife of singer Frankie Sinatra, studies in her car between classes on the campus of the University of California at Los Angeles. She Is studying literature and music appreciation while her young sters are in school. (Acme Telephoto) New Movie Star Discovers It Costs Money for His Dates By VIRGINIA MacPHERSON Hollywood. Oct. 5 (U.R) Tony Curtis, who likes to date pretty girls, got to be a movie star last week. He still likes to date girls but now he has to spend money at it. And this is not good, our new star reports, on account of they're still paying him his non-star salary. Universal-International, the' film factory that upped him to the top after he beat every big name on their list in fan mail, says they're gonna get around to changing that one of these days. "Meanwhile," Tony says, "I'm going broke." Two weeks ago he could call up Shelley Winters or Ann Blyth or Janet Leigh, take 'em to a movie, treat 'em to a hambur ger at a drive-in, and call it a fine evening. Now hes a big-shot. Now he's gotta splurge. 'We used to go to the beach and have a million laughs," Tony said. "Especially with Janet. She's my new girl. But I can t buy her a ham burger now. If I do I'm a cheap skate. It's gotta be Clro's, no less." His first taste of stardom. outside of snagging the lead in The Prince Who Was a Thief,' came in the barber's chair. "I went in for - a haircut,' Tony explained. "I came out with a massage, a manicure and a shoeshine. They came at me from all angles. Cost me five bucks. Actor Mark Stevens got to him next. Told him he'd better get a new top on his convertible. Said people d start talking. - "I figured he oughta know- he's a star," Tony said. "But his advice cost me $59.50." . : His tailor's giving him a bad time, too. All of a sudden, the guy "doesn't have a thing" un der $135. "And take my pals, Tony added. "I used to wave when I saw 'em. Now I have to stop and talk. Otherwise I'm going high-hat." The only gent who appreciates Tony's new stature is his room mate, Marlon Brando. Bubble Up in Money Affairs Reflects Surge of Inflation By SAM DAWSON New York, Oct S W) A bubble-up In the money affaire of citizens and nations today reflects the surge of Inflation. Uncle Sam's books have gone into the black since the out break of the Korean war although he has laid himself out to pay huge sums for defense In the future. Britain and other nations in the sterling area have more than doubled their hoard of gold and dollar reserves In a year, with the Korean war giving promise of a richer golden stream ahead. Canada's reserves of U.S. dol lars Is also swelling as Uncle Sam rearms, and its own dollar looks better and better to Am erican investors. In this country the money supply is at a new peak. A spurt in bank credit part to finance expanding industrial activity, part to underwrite consumer credit and instalment paper has sent the volume of bank de posits and money in the hands of individuals to $171.1 billion, an all-time high, the federal re serve board reports. This was a gain of $1.4 bil lion since the war started, and a jump of $700 million in the month of August. The board says only siuu million oi tne August gain was in currency in people's pockets. Demand de posits rose $900 million. From this total gain of $1 billion the board deducts a fall in time de posits of $200 million and in postal savings deposits of $100 million. This see-sawing of deposits, credit, savings and money ap parently gives another indica tion that people have been dip ping into their savings to buy consumer goods. The rise in de mand deposits is due, among other things, to the rush of money through the channels of trade as buying increased all along the line from retail stores to suppliers of raw materials. It also reflects the money banks lent corporations to finance this trade and production, a ThA sppnritfes and exchange commission notes today that this same drop in savings was well unrierwav before the war. Re porting on the months of April. May and June, SEC finds that Americans were savfhg $200 million less in "liquid" savings than in the same momns oi 1949. The contrast with prewar years was even more striking. In the first half of this year, Americans were saving in "li quid" form only one per cent of income after taxes, but in 1940 they were saving almost six per cent. SEC defines "li quid" savings as currency and bank deposits, equity In savings and loan associations, insurance, pension reserves, securities and repayment of mortgage debt and other consumer debt. On this list, insurance and pension reserves made the best showing this year, rising to $1.3 billion. SEC notes that an im portant form of non-liquid sav ing purchases of homes was way ahead of former years. The U.S. treasury's going into the black for better than $296 million in the first three months of the Korean war is traced in part to diminished government spending, but in much greater amount in increased tax re ceipts. Ravens will prey on small wild animals, occasionally even on iambs, says the National Ge ographic Society. Judge Attacks Red Directives Pitsburgh, Oct. S 0JJ9 Judge Michael A. Musmanno said yes terday "directives from the na tional office of the communist party ... to district leaders throughout the United States read like instructions from the war office of a nation preparing for mobilization." The Pittsburgh Jurist, now campaigning for lieutenant-governor on the democratic ticket, disclosed that papers seized in a raid on Pittsburgh communist party headquarters "prove the communist party is a direct arm of the Soviet government." One of the documents, Mus manno said, contained a call for direct action. He quoted it as saying: "There is a need to orient the party to be prepared for emer gency mobilization on immedi ate developments. We have to ask ourselves: Is the party ready for rapid mobilization, let us say, to organize thousands of open air meetings and rallies at short notice. In the event of an important development which demands reaching the people and winning them for quick action on one or another issue? We must guarantee that our party organizations are ready for such mobilizations around specific emergency issues at all times as they arise." Musmanno seized the docu ment when he 'and city police ralrieH tha communist offices after the Pennsylvania supreme court last week overruled a county court order closing the offices. 20th Linn Polio Victim Albany Discovery of a po lio case at Lebanon Monday brought to 20 the total reported In Linn county this year, 16 of them in Lebanon or surrounding area, it was reported nere Tues day. Thus far only two cases have been reported in Albany, neither of them paralytic. Of the 20 cases, according to Dr. John W. Guepe, Linn county health officer, six were of the non paralytic type. Flaxseed production soared in the U.S. during the war because imports from Argentina were cut off. Better Icings always with tfie One and Oniv BUMETri Vanilla "W ahar an anartment." Tony said. Marlon sleeps in the bed and I get tne coucn. am the night I got my promotion he let me have the bed for eight whole hours." FALSE TEETH That tooMn Ncd Not Embarrass HtnT rM f Ult Wath hart ut 9rd ret) tmbarraMmcnt brrtuM thalr plat dropped, allpptd or wobbled at J tut tha wrona tlma. Do rou Uvt In tear or thia happnln to ion, Jtut sprinkl a Jlttla PAHTKBTH. tha alhallna In on eld) powder, ot rour Plata. Holda falae teeth mora firtnir. ao thr 11 mora com fortable. Doe pot our, Cherki "Plate dor" (denture breath). Oat FASTEST H t aor drui atora. Symptoms of Dlttrwa Arising from STOMACH ULCERS put to EXCESS ACID QUICK RELIEF OR NO COST Or four million bollM of Ui. iLuao Tiunm htT bam mid for ralW of Symptom, of it intra) arising from ana miil Mtura dun to 4 AM fear Hillln. mm or Uaarl Inmm, am U4k4hBHfjHhB MaaaaaataaBBBBBBBBatt- 4bObb which fullr Mplaln. this ITIiaain M awaken aaiairs raow naro i rose niD MT.TKB l"U. raaai i patia itoaa BIGGEST LITTLE MARKET IN TOWN Where Your Dollar Gets Time and A Half PORK LOIN U.S. GOVT INSPECTED Country Style roast BEEF HEARTS 7Qc Teiln 59cl. TONGUES .fr- 69c , Loin or Rib End SPARERIBS OXTAILS 7 lbs. 19 1 CC WHILE THEY LAST m MM -- lb. - 55C LB. M""""'Thitk Aged Cheese !c PORK CHOPS FRYERS BEEF ROAST 69c lb. 49c ,b 1.49 -eh 56c UB Center Cuts Yeor Old Lorge Reds Blode Arm or Rump GARDEN FRESH FRUITS AND VEGETABLES LOCAL For Cool ft f CAULIFLOWER 'ST "L, ORANGES . DANISH SQUASH 3 10c BOILING ONIONS 33c M FROSTED PEAS 70' me nni. TAU 325c Fill your locker oMhii low price. W UUl9 lUUU TINS " HUNGRY JACK IA OCEAN SPRAY A PANCAKE FLOUR 4.1 4yc CRANBERRY SAUCED lc LIGHT mfk BAMBOO fl HONEY Sri 9CLAWN RAKES J?0.. Prices Good Fri., Saturday Sunday STORE HOURS 8A.M. TILL 8 P.M. INC. SUNDAYS IS), if BROADWAY AND MARKET STS. mw Sunday 1 BOD Cor. Court & High Ph. 3-8792 Next to Grand Theatre WHERE YOU SAVE EVERYDAY WHITMAN'S SAMPLER 1 pound 2.00 2 pounds 4.00 FAIRHILL 1 pound 1 .60 2 pounds 3.20 ANTIQUE 1 pound 1 .60 Fresh Whitman Candy Mello Mints 1.00 Thin Mints Floral Mints . . Mint Sticks . . Brittle Sticks . Air Bon Mints Caramel Nut Crisp 50c 50c 49c 49c 49 c 49c 39 c Wonder Pops ..... 39c Whitman Fruit & Nut 1 pound ........ 1 .85 2 pound 3.70 PRESTIGE ,1 pound 1.60 MILK CHOCOLATE 1 pound 1 .60 PHILADELPHIA BOX w"-w Wonder Box 39 C I ' Cosco Heating Pads 5.45 to 9.45 Hudnut Creme Rinse 100?:: Black Magic Cologne 1.00 to 5.00?:: Baby Foods IVt lbs. Dryco 1 lb. Similae . . Bakers Liquid . Dextri Maltose SMA Liquid . . SMA Powder ...1.59 ....79c ...21c ...74c ...34c ....1.08 Goat Milk 48 c Biolae 25 c Lactum 27c Datactum 27c Pablum .... 45c-23c Cererim 23 C HOME PERMANENTS TONI Spin Curl Set 2.29 Midget Curl Set . . 1 .33 Refill 1 .00 RICHARD HUDNUT Set 1.89 Refill 1.00 RAYVE Set 2.00 Refill 1.00 NUTRITONIC Set 2.75 Refill 1.25 All Plus Tex Remedies Economy Sizes Alka-Seltxer 49 C Sedagel 1.19 Pepto Bismol 1 .09 Koopectate 97 C Serutan, large . . . .2.84 Saraka, large ....2.19 Amphojel 1 .39 Konsyl 1.89 Pinkhomt CPD ...1.39 Tebsin Powder . . . .3.75 Agoral 1.29 Nujol 69c Isopropyl Alcohol FULL PINT 19c Yardley After Shower Powder 1.00 t.u. 3.50 Waldorf Set Pencil, Fountain Pen Bell Point Pen Boxed Assorted Colors 79c PROPHYLACTIC Brush & Comb Assorted Color Boxed 98c Shower Caps All Colon 29c 25c Silver Star Blades FREE with Colgate or Palmollre 8havr) Cream Lather Brushless 49c 43c MANI-KIT By Chen-Yu LACQUER LACQUER REMOVER CUTICLE REMOVER EMERY BOARDS ORANGE STICKS 1.00 5? Specials 1.7S Gillette Raxer $1 4Sc Listerine Past 259c S0 Squibb Past 269 C 35c Double Danderine 247c 59c Bath Crystals . 29c 1.00 Bath Oil . . . . 25c 1.50 Evening In Paris Perfume Lipstick 1.00 $2DuoCreme Shampoo With Lemon Rinse 98c Bath Soap Boxed 10 Bar. 69C 10 bar limit TUNE 1390 MEET YOUR DOCTOR Sunday Nights - 7:00 p.m. NEED METER CHANGE COME ON IN POSTCARDS & STAMPS TOO Wt Art Open Every Day From 8 a.m. to 10 p.m. Closed Sundays and Holidays 1 p.m. to 4 p.m. SAVE EVERY DAY AT 2WILBO DEIUG STORE NIX I TO GRAND 1IIEAIRE
