The Oregon statesman. (Salem, Or.) 1916-1980, June 21, 1955, Page 16, Image 16

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

    t-gtfc, 3 lalam, Qr.r fwday,! Jut ; 11 ,., 13 5
Power Project Needs
Northwest
Nearly
$3 Billion for Decade
WASHINGTON I The Pacific
Northwest will need to invest be
tween two and three billion dollars
for power facilities within the next
Gfof C. Tour
Almost Falls
Into Ditch
CALDWELL, Idaho ) A group
of touring Portland Chamber of
Commerce members had a close
call Monday when their bus slid
from a country road and almost
toppled into an irrigation canal.
The right rear wheel supped
into the canal and the bus came
to a halt with the rear end in
the water, and the bus leaning
precariously t oward the ditch.
None of the 25 passengers was
hurt
The accident happened on he
Gus Linning farm about six miles
northwest of Caldwell. The bus
was pulled back onto the road, and
the chamber members continued
their inspection of grassland oper
ations in southwestern Idaho and
eastern Oregon.
District
rneys Discuss Criminal 1 rial 1 actics
Portland Produce
PORTLAND on Butterfat
Tentative, subject to immediate
change Premium quality, deliv
ered in Portland 58-60 lb; first
quality 56-38; second quality 64-36.
Butter Wholesale, f.o.b. bylk
cubes to wholesalers Grade AA.
93 score. 57 ; 92 score, 56 H: B
grade, 90 score, 53: 89 score, 33.
Cheese To wholesalers Oregon
singles. 3S -41 lb; Oregon 5-lb
loaf, 41-44.
Eggs To wholesalers Candled
f.o.b. Portland, A large, 47; A
medium, 46 . A small, 33 -36.
Eggs To retailersGrade AA,
large, 54; A large, 49; AA medium
46; A medium, 47; A small. 33-38.
Cartons 1-3 cents additional.
Live chickens No. 1 quality
f.o.b. Fortland Fryers, IViAVi
lbs. 31; at farm, 30; light hens.
17-18; " heavy hens, 20-21; old
roosters, 12-14.
Rabbits Average to growers-
Live white, 3i-4 lbs. 21-23, 5-6
lbs, 17-19; old does, 10-12. few
higher. Fresh dressed fryers to
retailers, 57-61; cut up, 62-63.
Wholesale Dressed Meats
Beef carcasses Steers, choice,
5--700 lbs, 37.00-42.00; good. 36.00
39.00; commercial, 33.00-36.00; util
ity, 28.00-33.00; commercial cows,
canners-cutters, 22.00-26.00.
Beef cuts (choice steers) Hind
quarters, 47.00-51.00; rounds, 43.00
46.00; full loins, trimmed, 72.00
77.00; forequarters, 30.00 - 33.00;
chucks,' 31.00-34.00.
; Pork cuts Loins, choice. 8-10 Ihjp
S5.00-59.00; shoulders, 16 lb downTHio.
S2.00-35.00; spareribs, 43.00-47.50;
fresh hams. 10-14 lb. 49.00-52.00.
- Veal and calves Good-choice, all
weights, 35.00-46.00; commercial,
Jo.00-40 00.
Lambs Choice-prime, 30-50 lbs,
41.00-44.00; choice lambs, 30-60 lbs.
34.00-37.0; good, all weights, 33.00
35.00. Wool All prices nominal.
Country -dressed Meats, , f.o.b.
.Portland: -
. Beef Cows, utility. 25-28 lb;
canners-cutters, 22-23.
. Veal Top quality, lightweight,
32-33; rough heavies, 23-30.
Hogs Lean blockers, 27-28; light
lows, 24-25.
. Lambs-Good springers,. 37-40;
yearlings. 28-30.
Mutton Best. 10-i2.
Fresh Produce
Potatoes Ore. -Russets. No. 1A.
100 lb. 4.50-5.00; No. 2s, 100 lb, 4.00
JSO; 50 lb 2.00-10; new crop Calif.
Long. Whites, 3.50-75, few higher;
"No. 2, 2.50-73; Reds, 50 lbs No. 1,
3.25-50.
Onions SO lb. Ore
Onions 50 lb Ore. yellows, 3 in
min., 3.00-25; med. No. Is, Labish,
2-3 in, 2.00-25; 12 3-lb sacks 2.35-50;
S-10 lb 2.90-3.10; boilers, 50 lb. 1.50-
60; some yellows, 3 in nun, 2.5075;
Texas large, white wax, 4.25-75;
Yellows, lge. 2.75-3.00. -
Hay New crop. No. 2 green
alfalfa, baled, f.o.b. trucks. Port
land, 32.00-33.00. '
10 years, the Senate Appropriations
Committee was told Monday.
C. A. Erdahl, chairman of the
Pacific Northwest Utilities Confer
ence, testified that power demands
in Washington, Oregon and North
ern Idaho are expected to almost
double within that period.
"This means." Erdahl said,
"that work on the multiple-purpose
projects under construction by the
Corps of Engineers at The Dalles,
McNary and Chief Joseph must go
forward on schedule, or a power
shortage will be imminent.
Erdahl asked the committee to
approve 63i million dollars for
The Dalles project, 18 million for
Chief Joseph, and 11 million for
McNary, together with $500,000
planning funds for the John Day
Dam. These amounts already have
been voted by the House in the
public works appropriations bill.
Prompt Decisions
Erdahl said that "Almost as ur
gent to our region as the mainten
ance of schedule on present con
struction is the need for prompt
decisions on the start of new proj
ects."
"We have no time to lose if we
are to avoid a hiatus in our devel
opment when projects now building
have been completed and their
power output absorbed, as it will
be almost as quickly as the genera
tors start turning."
Explaining the arrangement un
der which public and private utili
ies work to operate the Northwest
Power Pool. Erdahl said that non
federal utilities of the region have
expended 527 million dollars on
power facihties in the past five
years.
"We are prepared to spend an
even greater amount during the
next five years," he- said.
Supporting Erdahl's request for
funds were A. II. Wegner of the
Washington Water Power Co.; Bob
Jones, chairman of the Seattle city
utilities committee; Ralph H. Mill
sap, vice president of the Portland
General Electric Co.; George Rog
ers, attorney for the Pacific Pow
er k Light Co.; Alex Radin, gen
eral manager of the American
Public Power Assn., and Ken Bill
ington, executive secretary of the
Washington Public Utility Districts
Assn.
Billington also asked the com
mittee to add funds to the public
works bill for construction of a
second Bonneville Power Adminis
tration transmission line of 115,000
volt capacity from Olympia to
Aberdeen, Wash.
ill.
1
f m'wmI
New York Stock Markets
By THE ASSOCIATED PRESS
Criminal trial tactics was the topic of a panel discussion held by
this five-man group Monday afternoon at a conference of district
attorney s now in session at the State Capitol. Shown are (from
left to right) Earl F. Bernard, Portland attorney; Henry Hess,
former U. S. district attorney; Circuit Judge Eugene' K. Oppen
heimer, Portland; Charles E. Raymond, former Multnomah county
deputy district attorney, and W. W. Dillard, Columbia County dis
trict attorney. (Statesman Photo.) .
Most Grains
Turn Down
CHICAGO tfl For most con
tracts on the Board of Trade Mon-
! day there was just one direction,
and that was down. A mud rally
toward the close only partially
wiped, out the day's losses.
The wheat growers' referendum
covering 36 states next Saturday
loomed as a great question mark
over the trading Hour, until re
sults of it are known, the trade
expects little stimulus In the mar
ket.
Wheat closed '4-1. lower, corn
it higher to lower, oats 'i-i
lower and rye Vi lower to V high
er. Soybeans were V to 1 cent
lower and lard 5 to 10 cents a
hundredweight lower. I
State Urged to Give Insurance
Coverage to Counties, Off icers
. Proposals that the state of Oregon set up an Insurance system
to provide protection for county officers and governments were
made Monday at the opening session of the three-day conference
of district attorneys.
The proposal was made by several district attorneys after an
address by Dist Atty. Elliott B. Cummins of Yamhill County.
Cummins said that most coun-
Stock Market
Turns Back
Salom Market
Quotations
(As of late- yesterday)
BUTTERFAT
Premium
1
BUTTER
Wholesale
Retail
EGGS (Baying)
(Wholesale prices ranee from
to 1 cents over buying price)
Large AA ,
Large A .,
Medium AA
Medium A ., ..
Small
POILTRY
Colored Hena
Leghorn Hena
Colored Fryers
Colored Roasters
Old Roosters
.58
.55
.83
.70
.39
.36
M
as
.18
.29
.11
Portland Livestock
PORTLAND lav-(USDA) Cattle
salable 2.500; market uneven;
choice fed steers mostly steady;
other steers and heifers weak-50
lower; cows generally 25-50 lower
with some bids 1.00 off; few loads
average choice around 975-1,098 lb
fed steers 24.00-25; few lots good
choice 23.00; good grade mostly
21.00-22.50; commercial 18.50-20.00;
good-choice yearling stocker and
feeder steers 19.00-21.25; load
possibly choice efd heifers 22.00;
part load good-choice 21.50; canner
and cutter cows mostly 8.50-10.50;
light canners under 7.00; utility
cows 11.00-12.50; young commer
cial up to 14.50; utility-commercial
bulls mostly 15.00-16.00, few heavy
bulls 16.50-17.00.
Calves salable 225; market slow;
steady - 1.00 lower; good - choice
vealers and light calves 20.00-22.00;
odd choice vealers 22.50-23.00;
utility-commercial 12.50-19.00.
Hogs salable 1.000; butchers 50-75
higher; sows steady; choice. No.
1-2 180-235 lbs 23.50-24.00; choice
No. 3 lots 23.00; choice 350-500 lb
sows 14.50-16.50; lighter weights up
to 18.00; heavy sows down to 13.50;
small lots choice around 80 lb
feeder pigs 23.00.
Sheep salable 2,000; market
fairly active; spring lambs 50
higher; other classes steady;
choice-prime spring lambs 19.50
20.00; good-choice grades 18.00
19.00; good-choice feeder lambs
15.00-16.00; good-choice mixed old
crop lambs and yearlings 12.50
13.50; good-choice shorn slaughter
ewes 4.P0-5.50: culls down to 2.00.
ties have a haphazard system of
taking out insurance on county
property, as well as liability and
fidelity insurance.
It was at this point that sug
gestions were made that the state
carry all these kinds of insurance
for the counties.
The state now carries a self
insurance system on its own
buildings. Some of the district
attorneys suggested that this
might be expanded to include
the counties.
Cummins also recommended
that the district attorneys take
an "aggressive interest" in 9 the
welfare of their county officials.
He said they should keep the
county officers out of trouble be
fore they get into it.
New criminal laws passed by
the recent legislature were ex
plained by Asst Atty. Gen. Wolf
D. Von . Otterstedt.
On Tuesday, the delegates will
hear discussions of young offend
ers, nonsupport procedures, an
analysis of Oregon crime and
mental abnormalities in crimi
nals.
Investment Trusts
(Zilka. Smither' & Co.. Inc.)
Affiliated Fund
Canadian Tuna
Century Shares
Chemical Fund
Delaware Fund
Diver. Invest. Fund
Dividend Shares
Easton & H.
Gas Ind
Group Tobacco .
Incorp. Investors .
Kev. Oust. Funds
B-3
B-4
K-l
S-2
S-4
Man.
Mass.
Nat,
Bid
6.20
17.73
Trust 28.01
31.57
..22 29
9.45
2.63
Bal. Fund 21 07
.25.05
. 4 01
.18.08
. 20 54
,1204
20 11
.12.56
10.66
.. 8 59
.31.55
NEW YORK Wl The s t o c k
market made a good try at ad
vancing Monday, but light selling
was enough to turn it back.
The Associated Press average of
60 stocks was down 10 cents at
$t71.20. On Friday it was up 60
cents at a ne high mark, the
eighth new hiuh in ten cnccinnc
Asked . . . .
6 71 ine industrial component of the
19.19 j average was up 20 cents at a new
high or $234.70, and the utilities
were up 10 cents at a new high
since 1931 of $73.50. The railroads,
hewever, declined 70 cents at
$136.50, nearly $2.00 under the high
oi the year.
Volume was good at 2,490,000
shares. That compares with 2,340,
000 shares traded Friday.
30.28
34.14
24.51
10 36
2 89 1
22.53
27.38 :
4.41
19.55
Bond Fund ..
Invest. Trust
Sec. Series:
Income Series 6.34
Stock Series 8.08
Pref. Stock Series 9.47
Speculative Series 4.93
Tel.-Elec. Fund 11.75
Value Line Inc. Fund 6.27
Wellington Fund 26.65
22 41
13.14
21.94
13.71
11.64
9.41
34.11
693
8.83
10.35
539
12.81
6 85
29.04
Onion Futures
PASSPORT
NORFOLK, Va. (AP) Immi
gration officers will have a hard
time identifying the passport
photos of Tomaye Lynn Prather.
She is pretty well snuggled down
in her mother's arms. Tomaye
Lynn was 12 days old when she
was photographed with her moth
er. The clerk's office here said
she was the youngest person ever
to apply for a passport. The
Prathers are going to France.'
-omoGrccrt tor
Dry Skin If cli!
Zemo & doctor's soothing anti
septic promptly relieves itch of
surface skin rashes, eczema, psori
asis. Zemo stops scratching and to
aids faster healing. Buy Extra
Strength Zemo for stubborn eases.
Portland Grain
PORTLAND (J) Coarse grains
unquoted.
Monday s car receipts: "Wheat
269, barley 27, flour 27, corn 10,
oats 2, mill feed 21.
to? tap fiir-!JiaT
f I Travel
f,0ir-7 . ,
tht skcrtett rtott
to all Ikt EAST
$ yofir local lut Agent
520 N. High St . Phone 3-3815
" TTTiw 5SS5SS5I25E? s a j
--!! Cooking's easier with
Kp a pkone in your kitchen
' And in every other room you use j
1 . t lot, extension telephones save
ll time and steps. Call our business
T . .j'yJ office today. Pacific Telephone.
t7 I ilC Tak9 lift 9asy . . .
, J l"V, 11' ' 0C'1 x'tnsion phone cesfs J ))
ixJ A 11 t than a nicktl a day . CjL
CHICAGO L Onions:
Open High Low Close
Nov. 1.80 1.93 1.80 1.89
Jan 2.05 2.13 2.00 2.09
Feb. 2.13 2.23B 2.13 2.17
Sales: Nov. 284, Jan 217, Feb. 19.
Admiral Corporation ; 24
Allied Chemical , 113 yt
Allis Chalmers ' 73 y4
Aluminum Co-America 67 H
American Airlines 28i
American Motors - 10
American Tel. k Tel. 183 H
Anaconda Copper 71
Atchison Railroad 148
Bethlehem Steel 141
Boeing Airplane Co. 61
Borg Warner 45 V4
Burroughs Adding Machine 32
Canadian Pacific 34 Ts
Caterpillar Tractor 54
Celanese Corporation 23 ',4
1 Chrysler orporation 78 i
ities Service 54a
I Consolidated Edison 49
rown Zellerbach 83
Curtiss Wright 20 i
Douglas Aircraft 68 4
duPoct de Nemours 205
Eastman Kodak 79 s
Emerson Radio 14
General Electric 55 i.
General Foods . 84
General Motors 104
Georgia Pac Plywood 31
Goodyear Tire 63
Homes take Mining Co. 40
International Harvester 39
International Paper 112 s
Johns Manville 90 !
Kaiser Aluminum 34 4 1
Kennecott Copper 118 .' i
Libby, McNeill 19 H I
Lockheed Aircraft 46 i t
Loew's Incorporated 22 j I
Long Bell A 34 i j
Montgomery Ward 80 j
I New York Central 44 I
Northern Pacific 79 Hj
Pacific American Fish 11 . I
Pacific Gas & Electric 49!
Pacific Tel k Tel. 140 Vi
Penney (J.C.) Co. t 98 j
Pennwylvania R, R. 29 4 ;
Pepsi Cola Co. 21 Vt
Radio Corporation 52 j
Radio Corporation 52 V
Rayonier Incorp. 93
Rayonier Incorp. Pfd j
Republic Steel 46 3,ij
Reynolds Metals 1
Richfield Oil 69
Safeway Stores Inc.
Scott Paper Co.
Sears Roebuck k Co.
Socony
Southern Pacific
Standard Oil Calif.
Standard Oil N.J. v
Studebaker Packard
Sunshine Mining
Swift k Company ..
Transamerica Corp.
Twentieth Century Fox
Union Ofl Co.
Union Pacific
United Airlines
United Aircraft
United Corporation
United States Plywood
United States Steel
Warner Pictures
Western Union Tel.
Westinghouse Air Brake
Westinghouse Electric
W oolworth Company . -
7SM
92
59,
60 H
82
121
104
11
50 H
43 'a
30 Is
53
166
46
72 i
5'4
39 l
49 i
20 H
20 H
274
70 i
49 ft
RENT A TOOL
Do It Yourself, ft's Cheaper
OPEN SUNDAYS
Salem's Oldest Tool Rental
HOWSER BROS.
1180 Sooth 12th St
Stocks and Bonds
(CMUe er Oa As UU4 PreasJ
June 2
BOND AVERAGES
SO II
Rails In dust
Net change Unch D.l
Monday 98.6 98.4
Previous day 98.6 98.5
Week ago 98.6 98.4
Month eo 98.6 98 5
Year ago 98 6 99.7
STOCK AVERAGES
SO 11
Induit Ralls
Net change ... ... A.2 D.7
Monday 234.7 13S.5
' Previous day 234.5 1.17.2
I Week ago 231.1 138 4
I Month ago -219.5 131.5
I Year ago 170.7 94.1
10 u
Un. For
A3 D.2
97.4 86 3
97.2 86.5
97 5 859
97.5 84.9
99.9 83.0
1 W
Ut 1 t
A.l D.l
73 5 171.2
734 171.3
73 3 1702
720 162.5
60.1 126.0
Der-Ma-Mol
Ointment
For External Use
Particularly Useful for
Pimples and Blemishes
AT
SCHAEFER'S
Drug Store
The Penslar. Agency
Open Daily 7:30 a m. to 8 p. m.;
Sundays 9 a. m to 4 p. m.
135 N. Commercial
Science Shrinks Piles
New Way Without Surger j
Finds Healing Substance That Does Both
Relieve Pain Shrinks Hemorrhoids
astonishing statements like
INrw T.rk. If. Y. (Specl.l) For the
first time science has found a new
healing substance with the astonish
injc ability to shrin. hemorrhoids
and to relieve pain-without surgery.
In case after case, while gently
relieving pain, actual reduction
(shrinkage) took place.
Most amazing of all results were
so thorough that sufferers made
Piles
have ceased to be a problem!"
The secret ia a new healing sob
stance (Bio-Dyne) discovery of -a
world-famous research institute.
This substance is now available in
tvppotitory or intment form under
the name Preparation H. At your
druggist, Honey back guarantee.
. v. .Pt. Off
IPS A PSYCHOLOGICAL FACT: PASURE ffiLPS YMR DISPOSITION
p
. frfoiAs Cfourdisposfffoh fodatfi
CROSS AS A BEAR? That's only natural - when
little annoyances heckle you. But keep this in mind :
it's a psychological fact that pleasure helps your
disposition. That means everyday pleasures, like
smoking for instance, are important. That's why,
if you're a smoker, you ought to enjoy the most
pleasurable cigarette. Camel, every time!
ft
7 ..1?.. pure pbasureJiave a
' ' . I
tm in - i i in i in mi iiiiTiir - , nn'h-iiT-Tirim - j
rvn nil o n n e
l
makes sense to choose your
cigarette for the pleasure it gives
you. It's a psychological fact that
pleasure helps your disposition. r,
And more people smoke Camels
and get more pure pleasure from
Camels than from any other cigarette.
Because, for one thing, no other
cigarette is so rich-tasting,
yet so mild as Camel!
Yes, Camels are your wise choice
for more pure pleasure. So
have a Camel!
B. t. ftcynoldi Totem Ccapatj;
Wlnttoa-Salam, Jt. CL