Observer, La Grande, Ore., Thurs., Nov. 5, 1959 Page 6
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Market Quotations
. f 3 itffat Curt rm9
By United Prttt International
PORTLAND LIVESTOCK
I'OHTLANIJ l'PI UiSDAi
Livestock
Cuttle 100; 31-head load good
BW) lb. fed heifers 23 50; canner
culler cows 10-11 50; llolstein and
beef type cutters to 14: culler
bulls 17-19.
Calves 25; veulrrs steady; few
choice 30 33; sta idurd-good 22 29
HoKS 250; steady; several lots
ptkf MltNtll"!
1 and 2 butchers 180-235 lb. 15 25
15 50; mixed 1, 2 and 3 at 14.50
15; mixed grade sows 350-550 lb.
10-11 0.
S' cep 100; klaughU-r lambs not
ti sled; cull-good rlnugiiler ewes
NfW YORK STOCKS
NEW VORK i tl'I '-Stocks held
to' a narrowly irregular, pattern
with a majority of issues at or
slightly above their opening levels.
A note of caution prevailed as
the Strett looked fcr the Supreme
Court ruling on the constitutional
ity of the Taft-Hartley Act to come
possibly today.
Steels edged lower. U.S. Steel
was off a mujor fraction and came
back somewhat after opening down
more than a point. Youngstown
and Bethlcnem eased.
Some electronics came under
pressure with Texas Instruments
2 50 5; good-choice feeder lambs off moic than a point after being
15-1S.50.
FIRST VIEW The hidden side of the moon, never before
seen by man, is shown as It was released by Tass, the
official Soviet news agency. A diagram has been super
imposed over the picture showing the major areas of the
moon's other side. The photo was tuken by the Lunik III
satellite and transmitted back to Russian receiving station.
Economic Impact Made Here
By EOC Explained To Lions
"Let's look for a moment at
Eastern Oregon College as an in
dustrial and economic asset to
Eastern Oregon, and also particu
. larly to the community of La
Grande," challenged Dr. Frank
Bennett at the regular weekly
luncheon meeting of the Lions Club
here,.
"The college has ben in La
Grande for 31 years now. There
are some 778 students enrolled for
the fall term of 1959. and authori
tative education sources quite con
fidvntly predict, an enrolment of
at least 1.400 by 1970. The college
has grown from primarily an ele
mentary teaching training normal
school, to a liberal arts college.
The college plant represents a
capital outlay o.' nearly $4 million
dollars, with this sum being re
ceived from three sources: taxes,
student fees and dormitory fees,
by and large: and at this point
let me remind you that several
of the largest buildings, on the
campus are self amortizing, in
other words, no burden to the
taxpayer," he explained.
Large Income
"The school's annual budget of
around $74C.0O0. plus the estimated
expenditures of nearly $1,000 an
nually by each student brings the
total economic impact on La
Grande to around si" millions
per year.
"Additional campus and build
ing expansion, . additional class
room facilities, Increased faculty
and increased enrollment connotes
a doubling of this, sum within the
mxt 10 years.
"Let's be realistic and business
like about this college situation."
Bennett said. "You business men
lo whom I am speaking imagine
for a moment what effect it would
have on La Grande if this income
were taken away from you, and 1
be'ieve you will reach the con
clusion that this industry in East
ern Oregon, and particularly La
Grande, deserves the support of
every citizen o.' the city and area."
Louis' Samson, Carlos Easley,
Dick Hartzog and Georg? Lcren
zen reported or. plans for the
Ladies' Night banquet to be held at
the Sacajawea this Saturday niqht
at 7 o'clock at which time the
club's new members will be in
stalled, in addition to the usual
entertainment end hi-jinx.
Tom Kent and Dick Bondurant
were club guests for the day.
Averitt Ujckox was program chair
man. 1
Robbed Bank
Because She
Wanted Jaii
KANSAS CITY. Kan. iLTD
Mrs. Irene Collier Quinn. 42.
robbed a bank so she could go
to jail. That's where she is to
day. "1 want to go to prison." Mrs.
Quinn told officers when they
arrested here. "I'm the one who
robbed the banjt."
Mrs. Quinn set out Wednesday
apparently with robbery in mind
and seeking detection. She wore
a bright green shirt.
1'olice said she went into the
Commercial National Bank and
was seen wandering around. She
left in alarm when a teller asked
if he could help her, police said.
Mrs. Quinn then went across the
street to the Home State Bank
and approached Miss Mary Moo
dy, a teller.
"I want some bills," Miss
Moody quoted her as saying.
"She said she had a gun. but I
didn't see it as her arm was
below the counter."
Miss Moody pressed an alarm
button with her luot while doling
out more than $loo in currency.
Mrs. Quinn It'll the bank and
disappeared in the early after
noon crowd.
1'olice surrounded several
blocks in the area. They had lit
tle difliculty finding Mrs. Quinn
from the description of bank em
ployes. She w&s .about . a block
from the Home Bank and very
noticeable in her green shirt.
Mrs. Quinn had $439 in her
nocketbook. almost the same
amount believed given her at the
bank.
She was arrested, arraigned
and held in lieu uf $5,000 boud on
charges of bank robbery. ;
up more than a point in earlier
dealings. Litton dropped 1, while
Motorola firmed.
American Motors, a market
leader Wednesday, dropped more
than 2. Studebaker-Packard, its
when-issued, and Ford trading ex
dividend, all eased. Kevlon lost
more than a point.
PORTLAND DAIRY
PORTLAND (CPU Dairy
market :
Eggs To retailers: Grade AA
extra large, 48-51c; A A large. 45
47c; A large, 42-44C; AA medium,
37-38; AA small, 26-28c; cartons
1 3c additional.
Butter To retailers: AA and
grade A prints, 70c lb.; carton,
lc higher: B prints, 68c.
Cheese 'medium cured) To
retailers: A grade cheddar single
daisies, 41-51c ; processed Ameri
can cheese, 5-1 b. loaf, 40-43c.
PORTLAND GRAIN
Coast Delivery Basis
By United Press Internationa,
White wheat no bid.
Soft white hard applicable no bid.
White club no bid.
Hard red winter, ordinary 2.05.
Hard white baart, ordinary 2.06.
Oats no bid.
Barley 46.50.
DEBT FIGURES ANNOUNCED
WASHINGTON IUPI) Con
sumer indebtedness enrobed to
another record of 148,194,000,000
last month. But the September
jump was smaller than the Au
gust increase. The Federal Re
serve Board said Friday the new
indebtedness total was 499 million
dollars higher than in August on
a seasonally corrected basis.
AGAINST WELFARE STATE
NEWCASTLE. Mo. UPI
"Welfare statism'' is making the
American people weak and less
self reliant, Reuben Anderson,
president of the Wyoming Farm
Bureau, warned' Tuesday.
"People who become accustom-
e'd to federal aid soon clamor for
more and more," Anderson as
serted.
FROM Qlit
TO AN0
NEIGHBOR
TH
ER
Imbler To La Grande
That Is.
Be
Fair To Island City
OUR MUTUAL GOOD NEIGHBOR
'3:0n Your
Sewage Disposal Problem!
WE URGE YOU TO VOTE
AGAINST
The Sewage Ponds Tomorrow!
PAID POLITICAL ADVT. BY THE CITY OF IMBLER
TOM RUCKMAN, MAYOR, IMBLER, OREGON
WILL
FOOD CENTERS
tit ssM m
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