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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Aug. 14, 1958)
Obwver, La Grande, Ore, Thurs., Aug. 14, 1958 Page . LITTLE PICS CO TO DINNER This low,! prefabricated. 12- , sided wooden structure, unveiled at Wiiukon, Iowa, is likely, -according to farm experts, to revolutionize hog-raising methods. The "pigloo's" shape resembling an Eskimo igloo causes the sow to lie with her back toward structure's outer walls and lier udders inward. Then these little piggies go to dinner, emerging only part-way from the iron-barred center .circle 'which provides safely from crushing. Metal guard rail behind sow also prevents injury from mother's bulk to any piglet that wanders around the perimeter. Sow enters "pigloo" at least ' seven days before furrowing. Market Quotations PORTLAND DAIRY Eggs To retailers: Grade AA . 'large, 5G-58C dm.;. A large, 52-55e do..: AA medium, 47-4llc; A me dium,' 4(i-47e; AA; smalls, 21I-32C doz.: carton, l-3c additional. " Butter To retailers: AA and , .'tirade A prints, 6G-G7c lb. : carton Ifl, lb. higher; B prints, 64-Bdc. Cheese (medium cured) To re tailers: A large etieddar single daisies, 40-51c; 5-11). loaves, 51' 57c; processed American cheese, 5:). loaf, M3c. , PORTLAND LIVESTOCK Cattle 125. Supply mostly cows. Trade active, fully steady. Two loads around 1000 lb. utility cows 10-19.25: canners and cutters 14 15.50; Holstcin cutters to 16.50; light canners down to 13.00; util ity bulls 23 - ,24.50; light cutters 18.50 - 21; good and choice fed steers this week mostly 25-26.75. u-. Calves 25. Trade active, steady. Good and choice vealers 26 - 28; few Wednesday 28.50; standard calves and vealers 20-25.00; cull and utility 15-10.50. Hogs 200. Supply included deck Pakola . sows. Trade moderately active, sleady. U.S. No. 1 and 2 butchers 180 -'235 lbs., 24.75 - 25: mixed 1, 2 and 3 lots 24-24.50; U.S. 1 and 2 grades 270-350 lb. 21.75-22; 350-550 lbs. 18-21.50. Sheep 250 Supply included deck of Mt. Adams range lambs. Trade active steady lo strong. Choice range spring lambs 102 lbs. 21.50, other choice slaughter lambs 21 21.50; good 10 - 20.50; good and choice feeders 17.50-18.50;. cull to good slaughter ewes 3-7.00. Small Businessmen To Get Info On Government Buying How the small businessman ob tains his share of the millions spent "here annually in govern mcnt contracts will bo the theme of. 'the Pacific Northwest Small Business Opportunity Fair in Seattle Sept. 25 and. 28. The two-day event will be held in the Seattle National Guard Ar mory. Small business from Ore gon. Montana. Washington', Ida- hft' and Alaska are being invited to participate. According lo i F q r'd I n a n d Schmitz, president of Berger En ilinecring Co., and chairman of tlie Fair's executive committee, , the event will be the only activity of its type this year in the Pacific " Northwest. He said it will be one of 16 lo be held in the United States during 1958. , The Fair will bring reprcscn talives of small business together with government experts and technicians-, who will furnish in formation and specifications cov erinn the items that will be ex hibited. In many cases, the actu al procurement product will be on display. , Fair officials' hope that busi ness people will learn of the.gov ernment's buying methods and the prime contract and subcon tract onnorl unities at the exhi bit. Schmitz pointed' out that U.S. Track Team Arrives Home NEW YORK I UPI ) The United Stoics track and field team which scored victories in meets al Mos cow, Warsaw, Budapest and Athens was lo receive an official salute from the City of New York today. " ' The athletes, who returned from their lour at 12:41 a.m. c.d.t. to day when their plane from Shan non, Ireland, arrived, at Idlewild Airport, grabbed a few hours' sleep after arrival and then were due for an official reception. The U.S. men's squad ontscorcd Ihoir rivals in each of the four capital cities, although no official point tally was kept at either Rndnmuit or Athens. Tne U.S. women's team lost to the Russians nnd the Poles but oulseored the Hungarians and Greeks. , PORTLAND GRAIN White wheat 196. . Soft white, H.R. applicable 10R. While club 196. Hard red winter 193." Hard white baart ordinary no bid. Oats no bid. Bai ley 4B.25. New York Stocks NEW YORK (UPi) Stocks advanced for the. second straight session today. Aclivily ccnlcred on Min ing, Continental Motors, Erie Rail road, Firstamerica, Greyhound, Locw's, Minute Maid, National Theatres, Studebaker-Packard and Wclbilt. Among the blue chips, .DuPont was up 2 points at its high,' al though it backtracked a bit before the close. U.S. Steel and Republic Steel firmed in their group. IBM was up 3 points at its high and at a new top for the year, but lost some of the gain, on profit taking. " Leading oil issues were fraction ally higher. Sinclair was ah ex-, ceplion, losing a major fraction. Aircrafts moved narrowly. Nation al Lead lost' a point in the non ferrous metals following its "price cut. uoppers ana aluminum issues were firm. FORMER COACH DIES MILWAUKEE UP1 - Francis (Mickey) McCormick, 55, former athletic director and football coach al Caitoll College, Wauke sha, Wis., died Wednesday follow ing complications ol a brain tumor operation in June. government agencies will be pre pared to offer business contracts during the Fair, He emphasized that the purpose of the Fair is to assist North west business in getting its fair share of necessary government contracts and furnish a point of contact for the various military services and contractors with in terested firms, Richest Custard Pie Of His Life! BAN Owens, NUYS, Calif. (UPI I Roy a 54-year-old painter, smacked ills lips yesterday over the richest custard pie of his life. It may cost him $200. Thai's how much money was in Owens' wallet left in a can in the oven when he and his wife, Eileen, 46, went to the mountains over Hie weekend. They don't be lieve in banks and left the money in the store for safekeeping. When Roy came home from work Tucsduy, he was greeted by the smell of a freshly baked. '-custard pie and a worried Eileen. That's right. Mrs. Owens had failed to take out the can con taining Die wallet and money when she put in the pie. f Owens took the incinerated money lo his bank. He may get a $200 check for (lie expensive ashes if Washington authorizes if. Meanwhile he's not worried. "Eileen might be a little for getful." he said. "But she sure bakes a darn good custard pie." Imbler School Board Awards New Contracts IMBLER (Special) Union Coun ty Grain Growers were awarded the gas contract for the coming year by the Imbler school board at a meeting held (his week at Imbler. The board at the same time awarded the fuel oil contract lo . M. Lee and Sons of Island Cily James Alexander of Milton, was named to the teaching staff for the next school year. Ho will teach science and math. I lilliuiiuii a neuuuuics Business As By ELMER C. WALZER UPI Financial Editor NEW YORK (UPI I Inflation is hitting big business as well as the pocketbooks ol the little people throughout the nation. According lo Charles R. Sligh, Jr., executive vice-president oi the National Association of Man ufacturers, American business is haunted by ghost profits. And these hinge on inflation. Ghost profits, Sligh says, are profits which show on the books and are taxed by the government, but which can't be put to the uses normal for profits. He cites the story of Avhal Thompson Products Co. of Cleve land calls its "million-dollar lathe." Thompson bought a lathe in 1942 at $12,000 and depreciated it over a period of 14 years. By 1956 it had laid aside $12,000 of deprecia tion for a replacement. The old lathe was sold for $1,000 so the firm had $13,000 for the replace ment. ' Heavy Sales Needed But inflation beiween 1942 and 1956 raised Ihe price of the same model from $12,000 to $35,000, and Thompson needed an even more expensive one a lathe costing $67,000. That $67,000 job meant the firm had to raise $54,000 above the $13,000 it had to replace the old lathe. To do this, Sligh explains, Thompson had to earn a profit of $112,000 before taxes. This rep resents Ihe profit on sales of $1,250,000 hence the ' term "million-dollar lathe." Sligh further points out the high, cost of business expansion and the financing of new jobs. "The cost of providing the facilities- to create one new job now averages more than $17,000," he says. j "Corporate profits now arc run ning al around 15 billion -dollars a year for all companies. To fi nance one million new jobs would require investment of more than the total corporate profits lor an entire year." Industry, he holds, cannot solve the problem by cutting dividends because that would, make new fi nancing difficult as" well as crealu hardship for stockholders. , Beyond Industry's Control "The ideal answers to these dif ficulties," he says, "lie beyond industry's control. Ghost profits will continue while inflation con tinues. "Inflation will continue so 'long as federal spending ami uscni policies force inflation., ."Inflation also will continue so long as federal law permits un ions to exercise monopoly power and hoist wages regularly beyond productivity gains. Help strengthen America's I It's a face filled with peace and Strength the face of the Statue of Liberty. She's a great symbol of one of the things most worth keeping. But sheran only stand for liberty. It's up to each of us to help keep 'it- And you can help by helping to keep the peace. Buy U.S. Savings Bonds; vTA U. S. Government doei not pay lor thit advertising. The Treasury Department thanks. lor tlnir patriotic donation. The Advertising Council and """'" I I I Well As Wage Earner "Profits will not cover neces sary expansion for the growing population until they are raised considerably, or until they are laxed less heavily. "Any attempt to raise the mar gin of profit by raising prices would bring on storms of public protest. But no concerted attempt could be made anyhow in a com petitive economy. Nor would anti trust laws' permit." He holds thai greatly increased volume of business, then," must Backstairs At By DAYTON MOORE United Press International WASHINGTON (UPI) Backstairs at the White House: . The crops on President Eisen hower's Gettysburg, 'Pa., farm look fine. In fact, the corn is so tall that it interferes with news men covering his arrivals by heli copter. Last week, the descending whirly - bird disappears) behind Ihe waving corn and news men missed the actual landing. Some newsmen moved up a dirt road to a field along a fence en closing the President's farm house. They had a clear view of (he main house and lawn, but Secret Service agents soon chased them' away. Although fenced off from Ihe President's house, the field also is his property. The President considers the farm to be part of his personal life. Newsmen have -been per mitted inside the gates only on a few occasions when the Presi dent's activities strictly are of an It Was Fun While It Lasted! WASHINGTON (UPI) A small fry roller-skating party found out the fastest way to go through the smooth-surfaced tunnel between the U.S. Capitol and buildings where congressmen have their of fices isn't by walking. However, a conscientious page boy yesterday halted the roller- skaters in mid-passage. "Do you know where you are?" the teen-age page boy shouted in dignantly at the three roller-skat ing boys aged 12, 11 and 8. Sure, the 8-year-old said. "Conrcss." "Well, stop that!" Ihe page boy demanded, getting red. "Okay," the 12-year-old 'prom ised. "But the roller skating here Is pretty keen." "I come here all the time," the 8-year old confided as they walked away sadly. " . SGtst . ., ilmm ' A A Pfl : Peace costs money. Money for : strength to keep the peace. Money for science and education to help make peace lasting. Your Savirigs Bonds, as a direct investment in your country, make '. you a Partner in. strengthening ' America's Peace Power. ' Think it over. Are you buying as many Bonds as you might?. The La Grande Evening Observer HI. O.Z-m nil uiy come from expansion of industry and that requires investment before those profits can be made. Business, he notes, has tended to rely more and more on bor rowed money to finance necessary expansion. He finds U. S. corpora tions raising three-fourths of theii new capital by debt financing bonds and only one - fourth l new stock issues. He favors stock flotations which spread ownership of industry more widely among the American people. White House official nature. The visit by Vis count Montgomery, the British field marshal, is one example. Newsmen covering the Presi dent regularly may get -a com pensating break in Washington, however. The While House Press Room may be remodeled for more effi cient use of ils limited space. Although more headline stories come out', of the White' House Press Room than from any other in the capital, its facilities arc among the poorest. It lias only seven typewriters and nine desks. And Ihe desks are cluttered with telephones and the cameras and other equipment of news photog raphers. The press room, crowded on routine days, is packed with mill ing newsmen when there are big news breaks at the White House. White House Press Secretary James C. Hagerly is considering a request of regular White House reporters for putting small booths in the press room and assigning them to individual reporters in an effort to make more orderly and more efficient use of the limited space. The President's conservative taste in clothes extends to his golfing togs. His usual golfing ouftit consists of brown or -tan slacks, a solid colored knit shirt, or perhaps one of broadcloth with' a subdued pat tern, "and a small straw or billed cap bearing Ihe insignia of one of his clubs. Dick Flohr, Ihe Secret Service agent - who chauffeurs bolli the President's limousine and electric golf cart, blossomed out at the Gettysburg course last weekend in a splash of color that more than made up for the President's sub dued outfit. Flohr wore watermelon red slacks and an extra wide brimmed straw hat with large. bright colored band. Although Flohr has been on hand, the President at recent rounds at Gettysburg i has been doing most of his golf cart chauf- fering himself. Peace Power HYDE'S o Island City Strained 10 TINS 30 Baby Keats 3 tins 63.c Colgate's 1 KAN KILL Bug Killer TarmMiimni'-riwwiTmTTT- Nalley's Champion SALAD DRESSING Post's New ALPHA BITS CEREAL Free Sample 4 100 PKGS. . H D TOILET TISSUE HYDE'S MEATS U. S. Good & Choice kr Hermiston f Round Steak lb. 3 Watermelons lb. 2c MORRELL BIG BOLOGNA Fancy S.unkist ' &bfr Chunk, lb. 39c Sliced, lb. 45c Lemons 2 lbs U.S. Good & Choice 3 1 f Solid Head lAe Beef Pot Roast lb. 419 V Lettuce lb. 1U Hyde's Pure ta r Idaho Gem - ffe tpm Ground Beef lb. SflC Spuds 10 lbs. . 1 . E 7:00 A.M. to 6:30 Fresh Country " EGGS r-- V) s GrLtgeA 2 doz. 1.09 I' JP. VX.2 doz. 1.15 X' 303 TINS PALMDALE ASPARAGUS SPEARS S & W OVEN , Baked Beans 3 tins FULL QUART HEINZ Sweet Pickles All Advertised Brands MJB e FOLGERS - HILLS 46-OZ. HAWAIIAN Punch 3 tins 46-OZ. CAMPBELL'S TOMATO JUICE 19-OZ. CAMPBELL'S JUMBO Tomato Soup 5 for 2-OZ. SCHILLING'S Insfami Coffee, 48 BAGS MJB iree lea HYDE'S STORE HOURS P.M. Weekdays; 8.:00 A.M. to 4 tins c 4 tins 3 jars 2 4 89c ROLL PACKAGES PRODUCE 1:00 PM. Sundays 4UC